Search found 7980 matches

by letsgobobby
Fri Jul 03, 2015 4:52 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 388
Views: 47048

Re: What are you up YTD? [Year To Date]

3.03% ytd as of 6-30-2015. 62% equity (36% int'l; 64% domestic); 30% fixed; 8% cash This performance is totally amazing as it is double what index funds with a similar asset allocation have done. What's your secret? I'm 60/40 like Sconie and have 4.00% YTD, but I'm 60/40 international/domestic. Doe...
by letsgobobby
Fri Jul 03, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with gifts for baby daughter
Replies: 22
Views: 1337

Re: What to do with gifts for baby daughter

Once the money is in a parent-owned 529, it can be withdrawn by the parent for any reason at any time. So that's the legal/ethical problem with that set up, if the gift was originally to the child, and not the parent. Not that you would do it, dbr. But some do. Unfortunately my job means I see real-...
by letsgobobby
Fri Jul 03, 2015 2:15 pm
Forum: Personal Consumer Issues
Topic: Money arguments with spouse and how did you resolve
Replies: 66
Views: 6686

Re: Money arguments with spouse and how did you resolve

Having an argument with spouse over the need to send $3k to a cousin. Spouse insists that cousin is in cash crunch and will repay in 2 weeks or sooner. Apparently they are getting a bonus check next pay period and will be able to cover the $3k. I have been arguing that we don't want to be someone's...
by letsgobobby
Fri Jul 03, 2015 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Drop a 3 year old Indexed Universal Life Insurance policy?
Replies: 50
Views: 2809

Re: Drop a 3 year old Indexed Universal Life Insurance policy?

well of course saving more is better than saving less. That doesn't make a permanent policy a good investment. If forced savings were the only issue, someone could stick up your sister with a gun, and return it twenty years later, and that would be a good investment. The robber is not a good analog...
by letsgobobby
Fri Jul 03, 2015 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with gifts for baby daughter
Replies: 22
Views: 1337

Re: What to do with gifts for baby daughter

UTMAs can be a pain in the ***. I see no ethical or legal objection to you simply holding a separate account in your name for this money. Once you do open a UTMA then there is a completed gift and the child owns the money, along with obligations to file tax returns and an obligation on you for how ...
by letsgobobby
Fri Jul 03, 2015 10:49 am
Forum: Investing - Help with Personal Investments
Topic: What to do with gifts for baby daughter
Replies: 22
Views: 1337

Re: What to do with gifts for baby daughter

UTMAs can be a pain in the ***. I see no ethical or legal objection to you simply holding a separate account in your name for this money. Once you do open a UTMA then there is a completed gift and the child owns the money, along with obligations to file tax returns and an obligation on you for how ...
by letsgobobby
Fri Jul 03, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: What to do with gifts for baby daughter
Replies: 22
Views: 1337

Re: What to do with gifts for baby daughter

People give money for births and baptisms? Never knew that was a thing. Are you serious? :| Yes. I've never heard of anyone giving or receiving money for birth or baptism before. Don't feel bad. Some people have never heard of giving gifts for weddings, either. :wink: All the gift money our kids re...
by letsgobobby
Thu Jul 02, 2015 9:39 pm
Forum: Personal Consumer Issues
Topic: Learning Spanish
Replies: 21
Views: 977

Re: Learning Spanish

If you want to learn to *speak*, as opposed to hear Spanish, you must practice speaking. Short of a tutor or moving to a Spanish speaking area or country, you need an online tutor.

Italki.com has hundreds of tutors and many of them are cheap. It's skype based.
by letsgobobby
Thu Jul 02, 2015 8:22 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 111
Views: 11419

Re: Emergdoc on Mr. Money Mustache

I can be mindful and self-aware in my spending and do it quite nicely on $100,000 per year. :D
by letsgobobby
Thu Jul 02, 2015 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Drop a 3 year old Indexed Universal Life Insurance policy?
Replies: 50
Views: 2809

Re: Drop a 3 year old Indexed Universal Life Insurance policy?

You should convince her to keep it if you really believe everything you wrote. oh and new polices aren't performing better or are better by the way. Reason being is most of the investment piece is still bonds. Insurance companies don't like a low interest rate environment. I don’t think the Pacific...
by letsgobobby
Thu Jul 02, 2015 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Whole Life Insurance as part of retirement portfolio
Replies: 11
Views: 756

Re: Advice on Whole Life Insurance as part of retirement portfolio

Exactly, you aren't getting a 5% return guaranteed. There is no reason for either of these posters to own permanent life insurance. Buy term and invest the difference, use a backdoor Roth IRA, heck even a cheap variable annuity like Jefferson National might be better. But don't buy permanent insuran...
by letsgobobby
Thu Jul 02, 2015 1:55 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 111
Views: 11419

Re: Emergdoc on Mr. Money Mustache

I think MMM is pretty ridiculous because the details don't really match the headlines. Not retired, not living on what he says he's living on, and does enjoy more expensive things as long as he can find someone else to foot the bill (but then, I ask, why not just pay for the darn things yourself som...
by letsgobobby
Thu Jul 02, 2015 1:02 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 388
Views: 47048

Re: What are you up YTD? [Year To Date]

2015 XIRR = 8.17%, which is an annualized figure, so YTD = 4.00%.

1 year return since 7/2/14 XIRR = 2.43%

Not Beardstown figures.
by letsgobobby
Wed Jul 01, 2015 8:42 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 388
Views: 47048

Re: What are you up YTD?

It's still impossible to calculate this because Vanguard hasn't yet posted actual dividends for many of their ETFs. Some are not payable until 7/2. Any calculation I make today would be off by one-half percent or so.
by letsgobobby
Wed Jul 01, 2015 1:07 am
Forum: Personal Consumer Issues
Topic: Annoying problem with Lollipop (new Android 5.1 OS)
Replies: 52
Views: 3267

Re: Annoying problem with Lollipop (new Android 5.1 OS)

Well, consider yourself lucky Browser. I upgraded lollipop about 2-3 weeks ago. After that, my wifi stopped working. I thought of it as a nuisance but was too busy to delve into it. This weekend I put my phone into airplane mode for a couple days while I went hiking off grid (to keep the battery fro...
by letsgobobby
Wed Jul 01, 2015 12:23 am
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 165
Views: 15446

Re: Do you buy used cars like a Boglehead actually should?

Very market dependent, I'm sure.
by letsgobobby
Tue Jun 30, 2015 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for a child's future
Replies: 9
Views: 800

Re: Investing for a child's future

Target date fund?
by letsgobobby
Tue Jun 30, 2015 9:47 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 67
Views: 4119

Re: TIPS - Did you give up?

Sort of? I only owned TIPS from 2002-2011, and I didn't have a strong philosophy about their role in my portfolio. In 2011 I started buying I bonds instead. I'll buy more TIPS when their real return is 2%+. Saying that out loud, I think I'll only buy TIPS for their return, not their low risks.
by letsgobobby
Tue Jun 30, 2015 3:59 pm
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 28
Views: 2135

Re: Purchase '98 Toyota Camry?

even for a runabout town kind of car, 17 years is too old in my opinion unless price is the only thing that matters. For instance, I would at least get ESC on any used car, especially since you get snow where you live. We are kinda sorta in the market for a used minivan. We won't be buying a 17 year...
by letsgobobby
Mon Jun 29, 2015 8:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1362
Views: 266304

Re: U.S. stocks in freefall

I had a beautiful 8 mile hike to Emerald Ridge on Mt Rainier today, following yesterday's 15 mile butt kicker to Indian Bar. Saw the mountain from the southeast yesterday, and the west today. Finished off today's hike with an hour in the warm shade, cold beer in hand, lounging in my folding chair, a...
by letsgobobby
Sat Jun 27, 2015 4:15 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

That's intereesting. So if rate changes predict anything it may not be much. I'm guessing falling rates are definitely good for stocks, whereas rising rates are more variable, and mostly stocks will do what they will. On the other hand I think about 2008-09 and 2001-02 and the rate cuts occurred dur...
by letsgobobby
Sat Jun 27, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: As a couple in late 30s, how bad are we doing?
Replies: 63
Views: 9473

Re: As a couple in late 30s, how bad are we doing?

welcome to the forums, You haven't really provided enough information to answer because we don't know your annual expenses. The most important metric is not how your friends are doing, or how you are doing compared to the Bogleheads (which is never a good group to compare yourself to when it comes t...
by letsgobobby
Sat Jun 27, 2015 12:55 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

Some are asking if in fact Boglehead asset allocation is in fact more aggressive than the average investor's. 7. Everybody these days is more aggressive than traditional guidelines because of good returns in the recent past. Bogleheads are not as different from everybody else as you might believe. ...
by letsgobobby
Sat Jun 27, 2015 12:05 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 165
Views: 15446

Re: Do you buy used cars like a Boglehead actually should?

My first 3 cars were used (77 Corolla in 89; 83 Corolla in 90; 93 Accord in 97). We bought our first new car in 2006 (RAV4) and then a new Prius in 2012. We switched from used to new because we had more money and less time to shop for used. In addition, in 2006 we bought new because the RAV was the ...
by letsgobobby
Sat Jun 27, 2015 9:12 am
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

I disagree with the premise. I'm less aggressive than age-in-bonds (at my current age), and I'm WAY less aggressive than all of the non-Boglehead investors whom I know personally. Everyone I know outside of this forum is betting everything on individual stock trading and leveraged real-estate. Then...
by letsgobobby
Sat Jun 27, 2015 9:09 am
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

Could it be that because bonds are facing interest rate head winds that some have scaled back their bond percentage? Regarding Mr. Bogle's recommendation of age in bonds, I have always found it confusing that he recommends including Social Security and pension income when determining bond allocatio...
by letsgobobby
Fri Jun 26, 2015 11:41 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

Some are asking if in fact Boglehead asset allocation is in fact more aggressive than the average investor's. 7. Everybody these days is more aggressive than traditional guidelines because of good returns in the recent past. Bogleheads are not as different from everybody else as you might believe. ...
by letsgobobby
Fri Jun 26, 2015 5:06 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

2) Bogle's "age in bonds" advice counts social security as a bond well, to my knowledge only recently has this become the way he calculates the advice. This raises another question. What is the true origin of the adage, "age in bonds?" Does Jack Bogle really own that? Some are a...
by letsgobobby
Fri Jun 26, 2015 12:37 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Re: Bogleheads are more aggressive...

Thanks, I did specifically allude to "respondents" since I understand the issue with polling, etc. The comparison group is intentionally not "the general population" but "other investors", namely, individual investors. CrowHunter, but are there more greedy Bogleheads pr...
by letsgobobby
Fri Jun 26, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5990

Bogleheads are more aggressive...

Recent and past polls suggest Boglehead respondents, on average, hold more stocks than many traditional guidelines. For instance, the average is closer to age-15 in bonds, rather than age in bonds (the precise numbers are not important, as long as the general impression is). Why is this? Roughly fou...
by letsgobobby
Fri Jun 26, 2015 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 34
Views: 4574

Re: Made outsize returns in a short period of time: what am I doing wrong?

Two thoughts.

1. You have some reading to do; someone's already patented your idea. Let's see how that turned out:

viewtopic.php?t=5934

2. Sign of a market top?
by letsgobobby
Thu Jun 25, 2015 12:35 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 19677

Re: What was the 2008 crash like in real time?

What lessons did everyone learn from 2008? I think Mike Tyson said it best: "Everyone has a plan, til they get punched in the face." 2008 was like getting punched in the face, and the gut, at the same time. A lot of people's plans, constructed in a time of permanent optimism, did not stan...
by letsgobobby
Thu Jun 25, 2015 10:49 am
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 19677

Re: What was the 2008 crash like in real time?

I wasn't on Bogleheads in 2008 but I was actively involved in another forum which had a monster thread from October 2007 - about 2009 before it slowed down. http://www.fatwallet.com/forums/finance/708018/?start=0 The thread is very long, but I never tire of reading and rereading it, given the histor...
by letsgobobby
Thu Jun 25, 2015 12:43 am
Forum: Investing - Theory, News & General
Topic: Graham's "margin of safety" for US stocks (6-29-15)
Replies: 24
Views: 4251

Re: Graham's "margin of safety" for US stocks (6-24-15)

Why compare S&P500 to AAA bonds and not the average mega cap corporate bond rating?
by letsgobobby
Wed Jun 24, 2015 2:58 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 262
Views: 16678

Re: What ratio are you stocks/bonds and how old are you?

Age 40.5, 60% stocks, 40% fixed income stocks are 60% international, 40% domestic fixed income is about 40% TBM, 40% stable value, and 20% I bonds We're among the more conservative Bogleheads, for age. Low need and willingness to take risk, despite high ability. If stocks got very cheap, I would buy...
by letsgobobby
Wed Jun 24, 2015 2:42 pm
Forum: Investing - Theory, News & General
Topic: Shiller P/E 10 hits 25
Replies: 331
Views: 26282

Re: Shiller P/E 10 hits 25

On almost exactly the date this thread started, I increased international stocks to 60% of equities - it wasn't because of this thread, or PE10 specifically, but that was probably part of the consideration. I consider it a long term decision, and have no plans to change anything. That said... my tim...
by letsgobobby
Tue Jun 23, 2015 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's so so customer service
Replies: 51
Views: 5151

Re: Vanguard's so so customer service

I agree Vanguard customer service is hit or miss. They're always very friendly and calm and well-spoken, but it seems like things are so... slow... and things have to be done exactly so or they don't get done; they are real sticklers for doing things exactly the way they say they must be done. The m...
by letsgobobby
Tue Jun 23, 2015 12:59 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6856

Re: Your Top 10 Books

Autobiography of Malcolm X
All the Pretty Horses - McCarthy
Crime and Punishment - Dostoevsky
One Hundred Years of Solitude - Marquez
Thinking, Fast and Slow - Kahneman

5 more I'd have to carefully consider... these 5 are easy.
by letsgobobby
Tue Jun 23, 2015 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Role of annuities in low SWR situations
Replies: 29
Views: 3242

Re: Role of annuities in low SWR situations

I think the argument that by replacing some fixed income or cash with an SPIA, they could afford to take more risk with the rest of their portfolio - and thus increase the likely terminal value of the portfolio - is irrelevant because they do not want to take more risk, even if it makes sense mathe...
by letsgobobby
Mon Jun 22, 2015 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Role of annuities in low SWR situations
Replies: 29
Views: 3242

Re: Role of annuities in low SWR situations

Thanks for all the replies. The specific question is, does their portfolio longevity and resilience increase by replacing some amount of cash with an SPIA? Given that the likelihood of failure is already nearly zero... I think the argument that by replacing some fixed income or cash with an SPIA, th...
by letsgobobby
Sun Jun 21, 2015 5:10 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 19968

Re: When saving money becomes an irrational obsession

I'm not sure it's totally irrational. My dad grew up during the Depression, when stocks actually did decline by 90% in nominal terms and didn't recover for decades. If that were to happen again, a lot of us would rethink our definitions of rational and irrational.
by letsgobobby
Sun Jun 21, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Role of annuities in low SWR situations
Replies: 29
Views: 3242

Role of annuities in low SWR situations

What is the role for annuities, either immediate or deferred, when the investor has substantial assets relative to income needs, and thus has a low SWR, say around 2%? My parents are 71 and 80, in good health with the 80 year old (male) in particular having good health and good longevity genes. Betw...
by letsgobobby
Sat Jun 20, 2015 11:29 pm
Forum: Personal Consumer Issues
Topic: Banff & Jasper with 1.5-yr old daughter.
Replies: 23
Views: 3235

Re: Banff & Jasper with 1.5-yr old daughter.

I've always been nervous hiking with kids in grizzly country. Yours is small enough though so perhaps you'll have her in a child carrier the whole time. I always carry bear spray but you can't cross international boundary with it. We've ground shipped ours from home to the hotel with 3 weeks advance...
by letsgobobby
Fri Jun 19, 2015 10:42 am
Forum: Personal Consumer Issues
Topic: Life is short, enjoy it!
Replies: 32
Views: 5952

Re: Life is short, enjoy it!

How timely! My husband and I have been debating where to go for a week for a last minute vacation and Vancouver came up. I've never been, but he loves the city. This post makes me feel like it's meant to be! We too would love to avoid renting a car and stay "in the thick of things," perha...
by letsgobobby
Fri Jun 19, 2015 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Diminished Value on Rental Car
Replies: 9
Views: 1479

Re: Diminished Value on Rental Car

Diminished value seems to be real but geico should pay it. Administration fee is BS.

Call Clark Howard, he loves this stuff.
by letsgobobby
Fri Jun 19, 2015 1:48 am
Forum: Personal Consumer Issues
Topic: San Francisco advice
Replies: 18
Views: 2442

Re: San Francisco advice

Exploratorium with the kids - not cheap, but worth it. Alcatraz Lombard Street Found the Wharf area to be more run down than I remembered we always love Chinatown and find at least one good meal there walk or bike across the Golden Gate Bridge The Jelly Belly factory in Fairfield is fun if you're dr...
by letsgobobby
Thu Jun 18, 2015 8:37 am
Forum: Personal Consumer Issues
Topic: Wedding Receiption
Replies: 38
Views: 4200

Re: Wedding Receiption

The original suggestion without the cash bar is fine; it would also be fine without the signature cocktails. No cash bar. We had beer and wine, and a bottle of cognac for each table of 10, and a bottle of sparkling wine for each table for the toast. It was a good reception.
by letsgobobby
Thu Jun 18, 2015 12:58 am
Forum: Personal Consumer Issues
Topic: Life is short, enjoy it!
Replies: 32
Views: 5952

Re: Life is short, enjoy it!

EnjoyIt wrote:My ears are ringing.

Nice handle!
by letsgobobby
Wed Jun 17, 2015 11:17 pm
Forum: Personal Consumer Issues
Topic: Life is short, enjoy it!
Replies: 32
Views: 5952

Re: Life is short, enjoy it!

I love the BC museum and have been twice and not seen it all. We should get back to Victoria and we've never done the San Juans even though we live in Washington and have been to the Olympics and Cascades countless times. Thanks for the reminders/prompts.
by letsgobobby
Wed Jun 17, 2015 6:55 pm
Forum: Personal Consumer Issues
Topic: Life is short, enjoy it!
Replies: 32
Views: 5952

Life is short, enjoy it!

Just back from a quickie trip to Vancouver, BC for the Women's World Cup (USA def Nigeria 1-0). It was a beautiful weekend in Vancouver. Sunny skies, 70s to near 80 degrees. We stayed in the West End at a nice, 'moderate' hotel ($300 CAD per night with tax and parking) rather than saving money by st...

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