Search found 1832 matches

by sschullo
Thu Aug 27, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Was about to change from 100% equity to 80%. Now what?
Replies: 70
Views: 5254

Re: Was about to change from 100% equity to 80%. Now what?

...Interestingly the more I refine my model the closer it converges to the Bogle portfolio of 65 TSM / 35 TBM. And he only had a B.A. ... Most of your learning will take place after you get out of academia. Real learning or "learning"? Most of what the popular media writes about economics...
by sschullo
Sun Aug 23, 2015 12:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Welcome to Dan Otter (of 403bwise)
Replies: 6
Views: 1164

Re: Welcome to Dan Otter (of 403bwise)

Hi Celia, Yeah, I remember you on 403bwise. Your post brings back memories of all those debates with the annuity agents. It also reminded me of another Boglehead poster started at 403bwise was Adrian Nenu. I gave him much credit for saving my portfolio by his now famous Nenu Rule. I used it to find ...
by sschullo
Sun Aug 23, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1047
Views: 173472

Re: What Movie Have You Recently Watched?

“The End of the Tour” A noir genre. True story. It is an excellent expose' of harsh realities and unintended consequences of fame. The story presents the conversation between David Foster Wallace and his tag-along Rolling Stone interviewer. Two conflicts: 1. The reporter’s motivation was to find out...
by sschullo
Sat Aug 22, 2015 9:45 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 7927

Re: How long will you"Stay the Course"?

Why there are suddenly so many such questions popping up? You have seen nothing yet. Two more weeks with similar drops, we will see who is "staying the course". Bear markets (and bull markets) bring out emotions which are starting to creep into the discussion. Zweig in his book (Your Mone...
by sschullo
Fri Aug 21, 2015 10:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1935
Views: 348551

Re: U.S. stocks in freefall

Why is there a sell off? Animal spirits. Markets have this habit of being unpredictable. Markets go up and down and we don't why or when. Oh, the talking heads provide hints that we can discuss, but I would rather go to the gym, talk with my hubby about going to our next movie, read a book or go on...
by sschullo
Wed Aug 19, 2015 8:26 am
Forum: Investing - Theory, News & General
Topic: Horrible pretax 403(b) VS After Tax Account
Replies: 4
Views: 412

Re: Horrible pretax 403(b) VS After Tax Account

We hear you. The 403b with K-12 school districts is the most neglected plan created. What is so frustrating is that there are plenty of savvy teachers out there that need to step up to the plate and complain. Avoid AXA and VALIC like the plague. Its not only the excessive costs and commissions paid ...
by sschullo
Tue Aug 18, 2015 1:42 pm
Forum: Investing - Theory, News & General
Topic: Should you own foreign stocks?
Replies: 67
Views: 4086

Re: Should you own foreign stocks?

Pardon, if this has already been mentioned. Here is another way to look at the domestic and international markets: Market Cap. The dominating U.S. market cap makes Bogle's point more convincing. While the US market cap is roughly twice the size of the rest of the world combined, I still have a small...
by sschullo
Sun Aug 16, 2015 7:48 am
Forum: Local Chapters and Bogleheads Community
Topic: Welcome to Dan Otter (of 403bwise)
Replies: 6
Views: 1164

Re: Welcome to Dan Otter (of 403bwise)

My question is why do 403b plans almost always go with annuities? I don't think it is designated in the statutes or IRS regs. Historically, the Internal Revenue Code did restrict 403b plans to annuities. (403b's are pretty much the grand-dads of the DC retirement plans. They existed decades before ...
by sschullo
Sat Aug 15, 2015 10:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: Welcome to Dan Otter (of 403bwise)
Replies: 6
Views: 1164

Re: Welcome to Dan Otter (of 403bwise)

HurdyGurdy wrote:Welcome to otterpops, nickname of Dan Otter of 403bwise.

Keep the good fight!


+1000!
by sschullo
Sat Aug 15, 2015 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2368

Re: Animal cruelty free mutual Funds

trebordet wrote:
Besides there is so much cruelty in this cruel world, how can one
possibly avoid any?!

At least she's trying.

+1 good for her!
by sschullo
Sat Aug 15, 2015 7:24 am
Forum: Investing - Help with Personal Investments
Topic: 457b vs. Taxable account
Replies: 18
Views: 971

Re: 457b vs. Taxable account

Investing in a broadly diversified stock and bond market is risky enough. To think about bankruptcy, even though it is probably very remote, puts me over the top. But that's me. Its a tough decision.

Agree with sawhorse, about a major private educational institution.
by sschullo
Sat Aug 08, 2015 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 12852

Re: Did a dumb thing

Nirav wrote:
kalyson wrote: No fees, he says.


So he's going to work for FREE???

No Fee, usually means no discernible way for the client to figure out how the fees are being charged - often the most expensive option!


The "adviser" is trying to sell you an indexed annuity.
by sschullo
Sat Aug 08, 2015 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 8595

Re: Who are you able to share good financial news with?

Absolutely plan a celebration with family and close friends. Go to a restaurant and let the server know why you are all there. As someone who has been very fortunate with finances, we had no negative feedback from anybody in our families or friends. And we have poor family members who are proud, wou...
by sschullo
Sat Aug 08, 2015 12:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Congrats to Laura Dogu
Replies: 61
Views: 5296

Re: Congrats to Laura Dogu

Just like everybody else, I too am surprised and pleased. I never knew an ambassador before. When Dan, my hubby, and I talked with you about working for the state department at a reunion couple of years ago, I thought to myself that she will not get promoted because you made a little too much sense ...
by sschullo
Mon Aug 03, 2015 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Wife starting a 403b...some questions...
Replies: 32
Views: 1498

Re: Wife starting a 403b...some questions...

If you are trying to determine whether to fund a 403(b) or a Roth IRA here's a story called 403(b) and or Roth IRA? that you might find helpful: http://403bwise.com/participants/getwise_investment_roth.html As you may know the Target Date allocation within the same year (say 2045) can differ from c...
by sschullo
Sun Aug 02, 2015 5:19 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 28563

Re: Free Windows 10 Upgrade, Yes or No?

Been waiting for two days and still have not gotten the notice. I know Microsoft is sending it out in waves with the developers and beta testers first, anybody know the schedule when us regular users will be next? Go here and download the Windows 10 media creation tool: https://www.microsoft.com/en...
by sschullo
Sun Aug 02, 2015 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 51
Views: 14973

Re: Enough is enough

Retired at 60 with a reduced teacher's pension and a tiny SS because of the pension offset law. I wanted to write books and a blog to help my fellow educators with their tax deferred retirement plans and reform the horrifically and corrupt 403(b) with K-12 school districts. That was 8 years ago, no ...
by sschullo
Sat Aug 01, 2015 3:02 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 33
Views: 2823

Re: Financial Advisor v. Bogle Approach?

walletless wrote:1.5% !! Wow. Boy, am I glad I found this site to help keep my hard earned money to myself!


Yeah, I am so happy (and lucky to do this without help) I only pay .13% and literally keep thousands of dollars in costs every year and still get my expected returns for a 65% bond/35% equity portfolio.
by sschullo
Sat Aug 01, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 28563

Re: Free Windows 10 Upgrade, Yes or No?

Is there some way to verify all my programs are compatible with Win 10 without going through the install process? The Get Windows 10 icon that was added to most people's system tray will tell you. There should be a Check your PC option (which has probably already been automatically run).... The onl...
by sschullo
Sat Aug 01, 2015 11:25 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 28563

Re: Free Windows 10 Upgrade, Yes or No?

I checked the regular windows update and went to Microsoft.com Windows 10. Did not fine the link that you sent me.
Anyway, thank you!
Yes, I want to do a clean install.
Thanks again.
by sschullo
Sat Aug 01, 2015 10:04 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 28563

Re: Free Windows 10 Upgrade, Yes or No?

Been waiting for two days and still have not gotten the notice. I know Microsoft is sending it out in waves with the developers and beta testers first, anybody know the schedule when us regular users will be next?
by sschullo
Thu Jul 30, 2015 8:21 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 28563

Re: Free Windows 10 Upgrade, Yes or No?

I agree if you have the money for their expensive products. I could afford them but I did not want to pay excessively high prices. $1300 for their cheapest laptop, http://store.apple.com/us/buy-mac/macbook/gold-256gb?afid=p238%7CjSTalTPw-dc_mtid_1870765e38482_pcrid_57185079010_&cid=aos-us-kwg-p...
by sschullo
Tue Jul 28, 2015 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Just Got Financially Independent
Replies: 32
Views: 3090

Re: Just Got Financially Independent

Great accomplishment, congrats. Its also a great accomplishment each year to celebrate saving and investing a part of one's salary and stick with it through good times and not so good.
by sschullo
Tue Jul 28, 2015 5:06 pm
Forum: Investing - Theory, News & General
Topic: Why is stock market so reactionary to news on daily basis?
Replies: 46
Views: 2909

Re: Why is stock market so reactionary to news on daily basis?

Noise. +1000. My hubby and I wrote an article published in the Huffington Post about market noise way back during the summer of 2012 when the topic of the day was debt ceiling debate, remember? I forgotten the topic too! Its funny how those scare topics come and go and nothing happens. http://www.h...
by sschullo
Tue Jul 28, 2015 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep/park your emergency fund?
Replies: 54
Views: 6289

Re: Where do you keep/park your emergency fund?

As Taylor said, our credit cards or just a savings account. That's it. Thanks Taylor, you got me thinking! We never had a budget either. Paid ourselves (my hubby and I) into our low cost 403(b)s first and spent the rest. We were lucky that we never needed an emergency fund. So many talk about it ove...
by sschullo
Fri Jul 24, 2015 9:17 pm
Forum: Forum Issues and Administration
Topic: Are Things Slowing Down Again?
Replies: 10
Views: 1646

Re: Are Things Slowing Down Again?

Yes, I thought the site was shut down. I tried several routes to get here. Very, very slow.
by sschullo
Sun Jul 19, 2015 11:13 pm
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 43
Views: 4177

Re: Annuities-when and why?

IMO there are 2 basic points to be made about annuities: 1) They are insurance products not investment products. If bought they should be bought at retirement not before. They can be part of a retirement portfolio not an investment portfolio 2) There are basically 2 types of annuities that make fin...
by sschullo
Sun Jul 19, 2015 7:54 pm
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3534

Re: When did you start investing in the Market?

For those of you who began investing in the 50s, 60s or 70s, how did you start? I began investing with an investment club in 1950 when the S&P 500 Index was under 20 (today it is 2126). Best wishes. Taylor I started while I was in the military buying Series E (I believe) savings bonds. I saved ...
by sschullo
Sun Jul 19, 2015 4:31 pm
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3534

Re: When did you start investing in the Market?

Series E bonds when I was 20 and in the military in the late 1960s, annuities at age 37 (1985) and stock market via no load mutual funds, age 46 (1994).
by sschullo
Sun Jul 19, 2015 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

I'm sure you are right Steve - you've spent years researching this stuff and I know of the battles you have fought and the frustration you have faced. In this particular case, even if the admin fee goes up, that Spartan 500 Index at .05% will still be worth using. And probably the bond fund at .20%...
by sschullo
Sun Jul 19, 2015 2:29 pm
Forum: Investing - Theory, News & General
Topic: Emergency boglehead evangelist kit?
Replies: 19
Views: 2125

Re: Emergency boglehead evangelist kit?

...Hi Lady, What am I doing wrong or a bug in the rendering? Here is the output I got: https://www.bogleheads.org/w/index.php?title=Special:Book&bookcmd=download&collection_id=7a79cbb057ad3b36&writer=rl&return_to=Main+Page All I get is a blank page, as that URL is tied to the cookie...
by sschullo
Sun Jul 19, 2015 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Money Weighted Return query
Replies: 4
Views: 338

Re: Money Weighted Return query

Here is another benchmark: https://personal.vanguard.com/us/funds/tools/benchmarkreturns

Did you subtract your deposits/contributions?
by sschullo
Sun Jul 19, 2015 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

Something else is going on. This is not possible. Isn't it possible that MetLife's costs are lower in this poster's plan? It would not surprise me that the plan actually costs more to run in California than some other location. The state of CA might have some compliance requirements that other loca...
by sschullo
Sun Jul 19, 2015 10:19 am
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

duplicate post
by sschullo
Sun Jul 19, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

http://i58.tinypic.com/2lx8g08.png Where did this link come from? Is this something the school district provided or something you put together when comparing all the plans? Yes, this chart was provided by the school district. And the school district gets it from the third party administrator. The T...
by sschullo
Sun Jul 19, 2015 9:56 am
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

Steve, please educate me here. Metlife total costs are 1.02%. And that is what's reported. Where is this reported? Do you mean it is consistent with the link provided above (seems not to) or reported somewhere else? If somewhere else, why do you think that would apply to this poster's plan? Disrega...
by sschullo
Fri Jul 17, 2015 5:29 pm
Forum: Investing - Theory, News & General
Topic: Emergency boglehead evangelist kit?
Replies: 19
Views: 2125

Re: Emergency boglehead evangelist kit?

FYI - The wiki has a built-in PDF export feature, check the left-side menu for "Print/export". Build your own presentation package and distribute it everywhere you'd like it to go. 12thManRI, Welcome! Hi Lady, What am I doing wrong or a bug in the rendering? Here is the output I got: http...
by sschullo
Fri Jul 17, 2015 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

Is your wife's employer a school district? Does the employer provide a match? Metlife total costs are 1.02%. And that is what's reported. I would be very leery of just taking this list as the sole source of information. 403bs are notoriously conflicted with useless and expensive insurance coverage ...
by sschullo
Fri Jul 17, 2015 4:39 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 522
Views: 75259

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

Here is our portfolio:
35%/65% Stock/Bond Split. Cost .13%


Image
by sschullo
Fri Jul 17, 2015 9:09 am
Forum: Investing - Help with Personal Investments
Topic: 403b Choices
Replies: 29
Views: 1249

Re: 403b Choices

Is your wife's employer a school district? Does the employer provide a match? Metlife total costs are 1.02%. And that is what's reported. I would be very leery of just taking this list as the sole source of information. 403bs are notoriously conflicted with useless and expensive insurance coverage b...
by sschullo
Fri Jul 10, 2015 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Interviewed about 403(b) plans and Published on M*
Replies: 14
Views: 1594

Re: Boglehead Interviewed about 403(b) plans and Published on M*

I am hoping that some day there will be a "breaking point." I believe there will be and I believe it will be sooner rather than later. Such is the way of change. Something seems impossible, then kind of like a dream or wishful thinking. Then there's a tipping point and lots of change happ...
by sschullo
Fri Jul 10, 2015 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Interviewed about 403(b) plans and Published on M*
Replies: 14
Views: 1594

Re: Boglehead Interviewed about 403(b) plans and Published on M*

W. Scott Simon who publishes articles on M* Advisor about 403(b) and other issues interviewed me about the sad state of 403b affairs. It's the first of a two-part series. This part is about the problem and next month is about one solution, the 457(b) plan and how it works with the 2nd largest schoo...
by sschullo
Thu Jul 09, 2015 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Interviewed about 403(b) plans and Published on M*
Replies: 14
Views: 1594

Re: Boglehead Interviewed about 403(b) plans and Published on M*

Pushing this up for Part 3, just published today on M* Advisor by W. Scott Simon. Attention to K-12 Boglehead teachers or friends and relatives of teachers, please pass on: http://www.morningstar.com/advisor/t/107253188/the-next-steps-for-k-12-403-b-reform.htm?&single=true Positive reform develo...
by sschullo
Wed Jul 08, 2015 8:31 am
Forum: Investing - Help with Personal Investments
Topic: First 401k. Trying to not mess up too much.
Replies: 21
Views: 1599

Re: First 401k. Trying to not mess up too much.

I would second the addition of some bonds, 10-20% of your portfolio. You have not experienced the emotions of a huge stock selloff, so you Think you know how you will react, you actually don't. Mike I second that comment and will elaborate for a moment as we are in uncertain financial times. You wi...
by sschullo
Mon Jul 06, 2015 7:13 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads tilt Value?
Replies: 49
Views: 3503

Re: How many Bogleheads tilt Value?

Using Wellington and Wellesley I tilt to large-cap dividend paying. Not small cap. Merriman thinks small cap and value tilt is the "holy grail," because of past performance for 80+ years. Its convincing to a point. My risk is primarily confined to diversified equities, not much more.
by sschullo
Sat Jul 04, 2015 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring 403b funds to Vanguard
Replies: 7
Views: 396

Re: Transferring 403b funds to Vanguard

Yeah, your spouse has to be terminated from current employer to conduct roll overs. I know the frustration about those crappy insurance company 403(b)s.
Have you asked the company to add a low cost company. Its worth a try.
by sschullo
Sat Jul 04, 2015 8:40 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 522
Views: 75259

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

5.04% YTD as of June 2015 60% - Vanguard Institutional Index Fund 40% - Blackrock U.S. Debt Index Fund This is another possible case of weird math. The first fund has returned about 1.23% and the second fund has returned about -0.2% for the 6 months of the year. How one could get 5+% out of those t...
by sschullo
Sat Jul 04, 2015 1:57 pm
Forum: Investing - Theory, News & General
Topic: Aren't we obsessing way too much about our portfolios?
Replies: 84
Views: 6724

Re: Aren't we obsessing way too much about our portfolios?

On one aspect yes. The quantitative analyses is because it is sophisticated and glamorous to many here, the language of finance is best spoken by math, data and formulas and that plan that we carefully constructed. On the other hand (or the other side of our brains) is the qualitative aspect which c...
by sschullo
Sat Jul 04, 2015 9:26 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 22006

Re: Emergdoc on Mr. Money Mustache

Dimitri, you seem very cynical and of course it is possible you may be right in the case of MMM (since I don't know him), but in real life, I know plenty of folks who live comfortable, happy, and modest lifestyles with no more cash spending than MMM claims to spend. They don't blog about it--they j...

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