Search found 1524 matches

Return to advanced search

Re: Repeat: PBS Frontline The Retirement Gamble

This is a repeat from last year of the expose on Wall Street's "small" fees that add up over time and the effects it can have. I am not sure if John Bogle is in this or not. In the NY area it airs at 10PM tonight on Channel 13 (WNET), Caught part of it the last time, will catch the rest t...
by sschullo
Wed Aug 20, 2014 12:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Repeat: PBS Frontline The Retirement Gamble
Replies: 5
Views: 1921

Re: New Investor!! Did I make a mistake?

Wow, I have a lot to learn! I am so glad I found this site. Thank you guys for putting up with my naivety, I'm sure you will deal with it again. Most of us started naively and its great that you started so young. I was naive' in my late 40s and made big investing mistakes, but it turned out just fi...
by sschullo
Tue Aug 19, 2014 8:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Investor!! Did I make a mistake?
Replies: 39
Views: 1531

Re: POLL: Breaking up with advisor

sans souliers wrote:
Tycoon wrote:My deeply ingrained cynicism never allowed me to have an advisor.


Couldn't have said it better myself.


Yea! After getting burned by an annuity selling, self serving insurance agent, my cynicism and a motivation to help my teacher colleagues develop theirs was way beyond even my expectations.
by sschullo
Mon Aug 18, 2014 10:11 am
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Breaking up with advisor
Replies: 39
Views: 2075

Re: Convincing fears on investing for now?

I have had your 30/70 allocation for ten years and it took good care of me during the 2008 debacle. The P/E ratio for the s&p 500 is 19, below the PEs of other crashes. http://www.multpl.com/ but so what. There are thousands of brilliant chartists examining every last data point 24/7 and they ca...
by sschullo
Sun Aug 17, 2014 8:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Convincing fears on investing for now?
Replies: 34
Views: 3226

Re: What was Underestimated\Overestimated in Retirement

I retired in 2008, hubby retired in 2000. No surprises, just that our portfolio grown more than expected since 09. Both are covered by good health plans, except for dental. Fortunately, I have excellent teeth.
by sschullo
Sun Aug 17, 2014 5:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: What was Underestimated\Overestimated in Retirement
Replies: 48
Views: 4567

Re: 403b Marketing

Here is the agents name and details by the insurance license at the bottom of the letter: [Personally identifiable information removed by admin LadyGeek] He is probably peddling index annuities, which is very popular product sold to California teachers. The sales pitch is to scare the bejesus out of...
by sschullo
Mon Aug 11, 2014 10:16 pm
 
Forum: Investing - Theory, News & General
Topic: 403b Marketing
Replies: 11
Views: 605

Re: Chosing which company to analyze?

I suggest you read Ben Graham "The Intelligent Investor". Get the edition with commentary by Jason Zweig. Also read "Common Sense on Mutual Funds" by John C. Bogle. These books are MUST READS before you embark on the "which company to analyze" question and will actuall...
by sschullo
Sun Aug 10, 2014 6:57 pm
 
Forum: Investing - Theory, News & General
Topic: Chosing which company to analyze?
Replies: 25
Views: 1218

Re: What actions to take in a stock market crash?

has everyone forgotten the famous PLAN B? I was wondering the same thing. The answer seems to be "yes". If I understood correctly the purpose of Plan B, it is not for Bogleheads (that did their homework); it's for people that got their asset allocation wrong: http://www.bogleheads.org/for...
by sschullo
Thu Aug 07, 2014 9:53 pm
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5392

Re: In your opinion, who is in a riskier financial position?

Clearly person B. The margin debt speaks volumes. Those assets could be lost easily, especially if he or she gets lucky in the short run. Which leads me to ask, I wonder what else he or she is doing?
by sschullo
Thu Jul 24, 2014 7:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: In your opinion, who is in a riskier financial position?
Replies: 36
Views: 2930

Re: Where is your brokerage account?

Used Schwab, Scottrade, and Fidelity in my individual stock buying and losing days.

Been using VG for ten years and never look back.
by sschullo
Thu Jul 24, 2014 10:21 am
 
Forum: Investing - Help with Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 2690

Re: Wife returning to work - Wisconsin Retirement System qs

I would go with the fixed pension plan rather than the hybrid. Hybrids are relatively new and carry risks. I am not sure if its the same risks that we would normally carry with the usual equity and bond exposure. I would be interested what others say. Bottom line, there is nothing wrong with having ...
by sschullo
Wed Jul 23, 2014 10:39 am
 
Forum: Investing - Help with Personal Investments
Topic: Wife returning to work - Wisconsin Retirement System qs
Replies: 14
Views: 948

Re: Removing a beehive from mailbox newspaper holder

I'm a beekeeper, so please don't kill them if they are honeybees. Call a beekeeper, you should be able to find a local beekeeping association in your area on the web if needed. Someone should collect them for no charge. Many beekeeper clubs have a contact phone number at local fire departments, etc...
by sschullo
Sun Jul 20, 2014 8:53 am
 
Forum: Personal Consumer Issues
Topic: Removing a beehive from mailbox newspaper holder
Replies: 43
Views: 4545

Re: If you own a car, do you have a car payment?

There are three major reasons why people cannot live below their means: 1. house that is too big, 2. new car payments every 3-4 years and 3. paying too much for financial advice.
by sschullo
Sun Jul 20, 2014 7:25 am
 
Forum: Personal Consumer Issues
Topic: If you own a car, do you have a car payment?
Replies: 112
Views: 7385

Re: AA for a spoiled young buck

2. Is 98% stocks an okay idea for a young person like myself? It is easy for me to say this because I wasn't a "player" in 2009 so I am not weathered but I'm a stubborn guy and am confident I can stay the course with a 50% downturn. 50% loss is huge. What if it goes down to 70%? That's ha...
by sschullo
Sat Jul 19, 2014 5:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA for a spoiled young buck
Replies: 33
Views: 5002

Re: Variable annuity ,what's the difference ?

M&E fees don't have to be bad. Here is one from a Variable CREF (of TIAA fame) annuity: Mortality and Expense Risk Charges 0.005% Their bigger fees are administration and investment advisory services. To my knowledge, CREF is the only company that has extremely low M&E fees and no surrender...
by sschullo
Sat Jul 19, 2014 2:23 pm
 
Forum: Investing - Theory, News & General
Topic: Variable annuity ,what's the difference ?
Replies: 14
Views: 1856

Re: Seeking Alternative Solution for her 403B…

How about a Roth for your wife?
by sschullo
Sat Jul 19, 2014 10:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Seeking Alternative Solution for her 403B…
Replies: 7
Views: 328

Re: Second Largest PreK-12 School District Wins a 457b award

Wow, I was expecting to be blown away by the low ER's but I wasn't really impressed. This makes me thankful for my 457b that has Vangaurd Target Retirements, 500, mid, and small all at the same ER's that Vanguard has them at. We don't have cheap International or Total Bond but I get those in our IR...
by sschullo
Sat Jul 19, 2014 12:53 am
 
Forum: Investing - Theory, News & General
Topic: Second Largest PreK-12 School District Wins a 457b award!
Replies: 11
Views: 909

Re: Professor looking for investment advice

Dear Folks, I have lurked here for many months, but have never posted before. I have been working at a university for 22 years and have a 403-B retirement account. I have only limited investments and will not get a pension. I am 54 and plan to work until my full retirement age of 67 (actually 66 ye...
by sschullo
Sat Jul 19, 2014 12:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Professor looking for investment advice
Replies: 16
Views: 1656

Re: Second Largest PreK-12 School District Wins a 457b award

Thx Ladygeek. This time LAUSD didn't screw up. I created this table. All grammar and spelling mistakes are mine.
Regarding the awards, there is no hierarchy.

That's correct Raymond. The ERs and the tpa fees are added together.
by sschullo
Fri Jul 18, 2014 1:08 am
 
Forum: Investing - Theory, News & General
Topic: Second Largest PreK-12 School District Wins a 457b award!
Replies: 11
Views: 909

Second Largest PreK-12 School District Wins a 457b award!

The Los Angeles Unified School District with all of its issues and problems has done one thing right; it won a retirement planning award from the National Association of Government Defined Contribution Administrators professional organization today. The vast majority of entries are from city, county...
by sschullo
Thu Jul 17, 2014 8:57 pm
 
Forum: Investing - Theory, News & General
Topic: Second Largest PreK-12 School District Wins a 457b award!
Replies: 11
Views: 909

Re: Ways to lose money and destroy personal wealth by invest

Most of the comments expressed I made at some point. The key to restoration is bucking up, taking responsibility and learn and get right back to investing. Blaming the system will also destroy wealth.
by sschullo
Thu Jul 17, 2014 11:54 am
 
Forum: Investing - Theory, News & General
Topic: Ways to lose money and destroy personal wealth by investing
Replies: 81
Views: 9537

Re: POLL: Do you have a dedicated REIT allocation?

Use to own REITS. I already own REITS in the TSM. I don't see a reason to tilt more to real estate, not part of my IPS.
by sschullo
Wed Jul 16, 2014 4:19 pm
 
Forum: Investing - Theory, News & General
Topic: POLL: Do you have a dedicated REIT allocation?
Replies: 123
Views: 7277

Re: Question about managed account

30K in 28 funds :oops: Get it over to VG ASAP. TD use LS Funds, taxable TSM / Tint. I second that suggestion. You have too many funds even for a million dollar portfolio! I am confident that you will find a simpler Boglehead way of investing and grow your money for the long term. Congrats for findi...
by sschullo
Mon Jul 14, 2014 10:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about managed account
Replies: 17
Views: 1366

Re: Rebalancing Question for Portfolio

livesoft wrote:I sensed some sentiment and emotions creeping into this decision. The only way to overcome that is to meet them head one and sell all of MMM and Wellesley.
Absolutely! Except the emotions are not creeping. You are talking about my deceased mother! :happy
by sschullo
Mon Jul 14, 2014 10:25 am
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question for Portfolio
Replies: 17
Views: 957

Re: Rebalancing Question for Portfolio

Sorry, asking two questions when I should have asked just primary question of reducing 38% equities to 30%. Agree that simplifying the portfolio by combining or eliminating some of the equity funds will not reach the goal of 30%. Simplifying is a separate but also important issue. What I hate is reb...
by sschullo
Mon Jul 14, 2014 9:46 am
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question for Portfolio
Replies: 17
Views: 957

Re: Rebalancing Question for Portfolio

Thanks everyone, We have owned these funds for many years, some for over a decade.I should not have included 3M. As Kevin said, I have it for sentimental reasons. My mother brought that stock half century ago, its only 64 shares and costs nothing to own. I like the suggestions to simplify the portfo...
by sschullo
Sun Jul 13, 2014 7:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question for Portfolio
Replies: 17
Views: 957

Re: Rebalancing Question for Portfolio

sscritic wrote:PMM has a cost:
Expense ratio
as of 12/23/2013 0.17%

Just like in your other funds, your money is siphoned away every day.


:oops: M* reports .16%
by sschullo
Sun Jul 13, 2014 6:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question for Portfolio
Replies: 17
Views: 957

Rebalancing Question for Portfolio

Hi fellow Bogleheads, Below is our portfolio. http://s19.postimg.org/bzmd6e9gj/Morn_Star_Printout_of_Portfolio.png We distributed bond allocation money to purchase a Tesla and our stock allocation grew 6-7% YTD, now our stock/bond split needs to be rebalanced. http://s19.postimg.org/gk8jlbt5v/Pie_ch...
by sschullo
Sun Jul 13, 2014 6:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question for Portfolio
Replies: 17
Views: 957

Re: Family member as Financial Advisor

Make it simple by explaining to your dad that you (the poster) have a different investing philosophy. It will be awkward, but a good dad will understand, as livesoft said. But the financial adviser in him might not.
by sschullo
Sat Jul 12, 2014 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Family member as Financial Advisor
Replies: 35
Views: 3025

Re: Have we really solved the crisis

Thanks, rm, but your post as all the signs of ending up locked. I just finished reading another thread that was locked and it's similar in the way that both posts are doom and gloom based on media output. The culture of bonuses has never left. Like the other poster, you have fallen victim to the no...
by sschullo
Sat Jul 12, 2014 11:37 am
 
Forum: Investing - Theory, News & General
Topic: Have we really solved the crisis
Replies: 7
Views: 1457

Re: List of Worst financial advice (what not to do):

dhodson wrote:Mixing insurance with investing.


+1
by sschullo
Thu Jul 10, 2014 10:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 16240

Re: Why do companies put up with high expense 401k choices?

Most of the responses are right on about the reason 401ks (and 403b) are notoriously expensive. The only piece of information left out regarding the 403b is that there are cynical state insurance codes that demand school districts to make available high cost annuities if the company signs the IRS ag...
by sschullo
Thu Jul 10, 2014 10:00 am
 
Forum: Investing - Help with Personal Investments
Topic: Why do companies put up with high expense 401k choices?
Replies: 15
Views: 1539

Re: Any Bogelheads get involved in private equity?

livesoft wrote:I believe it is totally unnecessary unless you get bored.


A boring portfolio is good!
by sschullo
Sat Jul 05, 2014 8:19 pm
 
Forum: Investing - Theory, News & General
Topic: Any Bogleheads get involved in private equity?
Replies: 31
Views: 3440

Re: [Poll] If all active funds have ER= 0.05%, will you buy

I said no. Its also a philosophical reason. Even the so called VG managed funds are not buying and selling because of this or that, the managers buy and sell according to the goals and requirements of that fund. For example VG's Wellington's and Wellesley managers trade the equity part of the index ...
by sschullo
Fri Jul 04, 2014 7:06 pm
 
Forum: Investing - Theory, News & General
Topic: [Poll] If all active funds have ER= 0.05%, will you buy any?
Replies: 55
Views: 2702

Re: How are you doing through the first half of 2014?

This was the first time in my life where nothing went into my investments and nothing came out in this 6-month interval. Comparing spreadsheets, It is up 5.4% with an actual 62/38 asset allocation. Coasting in retirement and just using my checking account for now. Jerry About the same here, only 27...
by sschullo
Wed Jul 02, 2014 3:22 pm
 
Forum: Investing - Theory, News & General
Topic: How are you doing through the first half of 2014?
Replies: 91
Views: 9481

Re: Being Polite.

Taylor Larimore wrote:Travelforfun:

Perhaps the greatest benefit of being polite is that it makes you feel better knowing you are a good human being.

Best wishes
Taylor

Yep!
by sschullo
Sat Jun 28, 2014 12:55 am
 
Forum: Personal Consumer Issues
Topic: Want to Save Money? Be Polite!
Replies: 41
Views: 6757

Re: [Poll] How many brokerage firms do you use for investing

IlliniDave wrote:I answered one, but maybe should have said zero. Vanguard holds all my non-401k investment accounts, all of which are mutual funds. So while they do have a brokerage arm, I don't use it.

+1
by sschullo
Tue Jun 24, 2014 12:15 am
 
Forum: Investing - Theory, News & General
Topic: [Poll] How many brokerage firms do you use for investing?
Replies: 43
Views: 2067

Re: [Poll] Have you taken any Investments course?

prudent wrote:It wasn't actually a formal "course", but man, the tuition was expensive.


+ 1
Experience losing real money, my money, is the best "course."
by sschullo
Fri Jun 20, 2014 5:19 pm
 
Forum: Investing - Theory, News & General
Topic: [Poll] Have you taken any Investments course?
Replies: 60
Views: 2937

Re: Convince me to visit Italy

siamond wrote:Need I say more? 8-)

Image


And "David" in Florence. Must see!
by sschullo
Sun Jun 15, 2014 1:42 pm
 
Forum: Personal Consumer Issues
Topic: Convince me to visit Italy
Replies: 77
Views: 5487

Re: Diversification apply to portfolios as well??

That I understand....let me give an example...from the wiki: http://www.bogleheads.org/wiki/Lazy_Portfolios If person1, does 100% Coffeehouse portfolio. And person2 does 50% Coffeehouse and 50% Permanent Portfolio. Is person2 considered more diversified? Or will the difference be not much? Thanks I...
by sschullo
Tue Jun 10, 2014 5:33 pm
 
Forum: Investing - Theory, News & General
Topic: Diversification apply to portfolios as well??
Replies: 20
Views: 825

Re: What are you doing with the market at an all time high?

Spent some on a Tesla, but did not and will not do anything else.
by sschullo
Mon Jun 09, 2014 5:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: What are you doing with the market at an all time high?
Replies: 95
Views: 6553

Re: Jeremy Grantham - should you listen to him?

Of course you should listen to him. I do, but with one huge caveat: Grantham's long experience, his thinking about the investing process and the financial system are of great value. However, like all of the masters don't rely on him (or anybody else for that matter) to provide anything specific to a...
by sschullo
Mon Jun 09, 2014 5:14 pm
 
Forum: Investing - Theory, News & General
Topic: Jeremy Grantham - should you listen to him?
Replies: 15
Views: 1368

Re: Take the Mystery Out of Retirement Planning

Thanks. Good stuff.
Interesting that this type of information is available from the DOL, but the policy makers (401k, 403b or 457bs) don't make this available. They frequently leave it up to the sales force to take their message and their expensive products to employees.
by sschullo
Thu Jun 05, 2014 11:26 am
 
Forum: Personal Finance (Not Investing)
Topic: Take the Mystery Out of Retirement Planning
Replies: 11
Views: 2121

Re: Hernia Surgery

Had the mesh, no problems after 4 years.
by sschullo
Wed Jun 04, 2014 10:16 am
 
Forum: Personal Consumer Issues
Topic: Hernia Surgery
Replies: 15
Views: 963

Re: does frugality result in lower career ambition?

Do you believe that living a frugal lifestyle can sometimes result in having less career ambition? If you can learn to live and save on less, and not have to worry about keeping up with Joneses, you don’t need as high of a salary. Therefore, you may be reluctant to put in the extra hours and keep c...
by sschullo
Mon Jun 02, 2014 1:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: does frugality result in lower career ambition?
Replies: 113
Views: 8520

Re: what has biggest influence on your stock/bond ratio

age.
I may have the ability, experience and skill to adjust my portfolio to increase my exposure to equities, but at age 66, the greater risk is not worth it because I simply do not have the time to let my portfolio recover.
by sschullo
Mon Jun 02, 2014 12:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: what has biggest influence on your stock/bond ratio
Replies: 27
Views: 1710

Re: Worst "Large purchase" ever?

No regrets.
by sschullo
Sun May 25, 2014 7:54 pm
 
Forum: Personal Consumer Issues
Topic: Worst "Large purchase" ever?
Replies: 110
Views: 11713
Next

Return to advanced search