Search found 666 matches

by rcshouldis
Mon Nov 21, 2011 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take your SS, or wait
Replies: 63
Views: 7125

Re: Would you take your SS, or wait

Lon wrote:I could have waited but took mine at age 62 and invested the entire amount each month. I'm glad I did.
Not a good strategy in today's market however. The market is not yielding anywhere near 8% that SS gives per each year delay in benefits.
by rcshouldis
Tue Oct 04, 2011 8:57 am
Forum: Investing - Theory, News & General
Topic: Anybody else sick of hearing about Greece?
Replies: 41
Views: 3891

Greece itself is a small economy and it's default is not the primary concern. The concern is the spread of default to countries like Spain and Italy which would probably bring down the Eurozone.
by rcshouldis
Mon Sep 26, 2011 9:43 am
Forum: Personal Investments
Topic: How much money do you need to retire at 40?
Replies: 90
Views: 19773

If you need $1 million at retirement you better put $ 2 million in the stock market now. LOL!
by rcshouldis
Thu Sep 22, 2011 12:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4651469

Johm221122 wrote:
NERD777 wrote:
Johm221122 wrote:
rcshouldis wrote:For those who think that the stock market is a good way to save for retirement :

Think again :roll:
Stop drinking cool aid :lol:
Thinking that equities have no place in a long term investment strategy is as silly as thinking bonds have no place in a long term investment strategy. If the ebbs and flows of the market drastically change your long term strategy you probably shouldn't have discretion over your investments.
I think a balanced portfolio is the right answer,what do you think???rcshouldis says stocks are not a good way to save for retirement I think there the corner stone,but not whole house
When you're all selling pencils on the street corner very shortly, don't say you weren't warned.
by rcshouldis
Thu Sep 22, 2011 10:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4651469

For those who think that the stock market is a good way to save for retirement :

Think again :roll:
by rcshouldis
Sat Sep 10, 2011 8:49 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Why Mark Cuban Is Wrong on Investing
Replies: 16
Views: 4191

staythecourse wrote:This should be a trick question. Is there any argument that Mr. Bogle knows A LOT more then Cuban when it comes to investing?

Why would anyone listen to Cuban about investing? He is an entrepeneur and not a investment professional.

Good luck.
I personally don't think anything too much of any investment professionals. I would hesitate to call them professional on anything but stealing for the most part.
by rcshouldis
Fri Sep 02, 2011 2:20 pm
Forum: Investing - Theory, News & General
Topic: Will investor really get rewarded for taking risk?
Replies: 15
Views: 2166

Re: Will investor really get rewarded for taking risk?

ObliviousInvestor wrote:
bigred77 wrote:In the long run, these traders should have a negligible effect on your investment returns.
To me, this is a key point. I don't understand how these traders would affect my long-term return one way or another (aside from the possibility that they cause a significant, sustained shift--in either direction--in demand for stocks).
Your long term will be your short term before you know it. Then I am sure you'll figure out how these traders effect your portfolio.
by rcshouldis
Thu Aug 18, 2011 9:19 am
Forum: Investing - Theory, News & General
Topic: Sigh.... Things I don't hear on the Bogleheads forum anymore
Replies: 46
Views: 7208

kenschmidt wrote:Just wait - those things will come back into vogue some day - when those asset classes hit their peaks in the next cycle! :D
Sure after were all broke and selling apples on the street thank's to good ole Wall Street
by rcshouldis
Thu Aug 11, 2011 8:11 am
Forum: Investing - Theory, News & General
Topic: Hedge fund redemptions causing market crash?
Replies: 33
Views: 4615

billjohnson wrote:Ratigan's Apolitical Rant. When did the talking heads start telling the truth?

http://fdlaction.firedoglake.com/2011/0 ... eous-rant/
Good Rant!
by rcshouldis
Thu Aug 11, 2011 7:45 am
Forum: Investing - Theory, News & General
Topic: Buy and Hold is flawed in the New Normal
Replies: 64
Views: 10831

Re: Buy and Hold is flawed in the New Normal

I believe Bogleheads are narrow minded. Buy and Hold is flawed. It worked in Jack Bogle's America but times have changed. Obviously everyone knows our fiscal situation but the markets have changed dramatically since 2008/09. Computers (High Frequency Trading) dominate the market and will for a long time. I traded the Treasury Yield Curve for my own account for pretty much all of the last decade and left trading because I realized the game had changed. The same applies to Investing. The Bogleway has many, many awesome prinicipals but Tactical Mgt. with low cost ETF's has worked very nicely the last several years. If you are under the age of 35 with not much in the market, I think you are o.k. with Buy/Hold. However, if you are older than 40...
by rcshouldis
Mon Aug 08, 2011 7:46 am
Forum: Investing - Theory, News & General
Topic: Black Monday?
Replies: 158
Views: 23156

Tom_T wrote:I don't know... wasn't the bond market anticipating a downgrade at some point? This isn't totally out of the blue.

Apparently not
by rcshouldis
Sat Jul 23, 2011 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: When is it time to drop comprehensive Medical ?
Replies: 15
Views: 1931

Re: When is it time to drop comprehensive Medical ?

Just got my yearly estimate for medical insurance from my employer. They decreased their portion 10% and increased mine 66%. This having a $1250 deductible already. And they don't offer any higher. I signed up again this year, but I'm beginning to think of jumping ship with a private policy. Simply because I work very hard to stay healthy and the costs are getting out of hand. My question is when would it make sense. What would break the camels back? I gather there is self-insurance, is there such a thing as non-comprehensive for catastrophic things only? Any comments are invited. I don't know your situation but I buy my own Health Insurance and I have no pre existing conditions. I am 61 and I pay about $300/month for a $10,000 deductible ...
by rcshouldis
Wed Jul 13, 2011 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey and Credit Cards: Have I made a huge mistake?
Replies: 45
Views: 9313

You destroyed part of your good credit history. Do you like shooting yourself in your foot? You went out of your way to reduce your credit score. Sheesch!
by rcshouldis
Mon Jul 11, 2011 8:01 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate 2.52%
Replies: 48
Views: 7193

Re: Safe Withdrawal Rate 2.52%

pkcrafter wrote:New Paper from Financial Planning. Time frame expanded to 35 years, SWR reduced to 2.52%. I do believe this rate is supposed to be foolproof for the complete idiot.

http://www.fpanet.org/journal/CurrentIs ... ributions/


Paul
Not worth the risk in the stock market.
by rcshouldis
Thu Jun 23, 2011 11:06 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 44887

I think there have been many threads that discussed the fact that portfolios had fully recovered in 2010 to the high values achieved in 2007. So somebody has been making gains. There have been a number of such periods over the last 90 years or so. It's all the usual market action, so why worry about it? Unfortunately recovered losses is not what I consider gains. It's treading water. My well diversified 50/50 portfolio has only made 3.4% since sjust before the drop in the resession in 2007-8 Taking time value of money and inflation into consideration, I am in the hole. Even as we speak that dribble gain of 3.4% from 2007 to 2011 is disappearing fast. Maybe if you just entered the market in 2009 you would have a healthy gain on the short te...
by rcshouldis
Thu Jun 23, 2011 10:36 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 44887

First, a 20% drop from recent April/May highs is not significant. If one looks at even the good years, one will see that stock market values fluctuate plus or minus 10% routinely. And for individual stocks the 52-week high is often twice the value of the 52-week low. That is, stocks are volatile. Nevertheless, I rebalanced from 65% equities back to about 61% equities yesterday. However, with Fedex increasing profits by 33%, somebody is shipping product and the economy is not doing poorly. I love the smell of Greek bonds in the morning. ... When it is all over it will smell like ... Victory. Of course a 20% drop is not entirely out of bounds with the stock market. It's not this particular possible 20% decline I am worried about. It's about ...
by rcshouldis
Thu Jun 23, 2011 10:02 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 44887

Are we headed into another significant market decline?

I am starting to get that sinking feeling in my gut that we're in for another recession with a 20% plus equity drop in short order. If our economic growth is taking a hit I see no other possibility. I am considering being a timer and pulliing out completely, equity and bonds, for the next 6 months to a year and then averaging back in. We can't keep taking these huge hits so close together in or near our near retirement years. We still haven't completely reccovered from the 2007-8 resession and now it looks bad again. We're not making any money for the risk we're taking on Wall Street considering the losses in 2007-8. It's doesn't seem now, with a seriously stalled economy, that any consistent recovery or even reasonable market stability is ...
by rcshouldis
Wed Jun 22, 2011 5:22 pm
Forum: Personal Consumer Issues
Topic: Any Mazda owners?
Replies: 39
Views: 4528

FNK wrote:I own a Mazda MPV minivan. I was stunned by the combination of factors it offered when I got it:
* Handles like a sports car
* Turns like a sedan
* Drives off-road like an SUV
* Sips gas like a sedan

"Like" means "unlike a minivan", not "exactly like". ;-)

I used to recommend MPVs to everybody. Unfortunately, it was discontinued. Can't speak for Mazda sedans, except that I don't fit in them, but the brand definitely made a good impression.
Yes the MPV was a good minivan. I bought miine in 1990. Finally got rid of it in 2009 because of pending maintenance costs. It was a work horse that I used to hauled buy 25 foot Searay boat. Best vehicle I ever owned.
by rcshouldis
Wed Jun 15, 2011 4:49 pm
Forum: Personal Consumer Issues
Topic: Homeowner maintenance poll
Replies: 33
Views: 5347

I do almost everything including the plumbing, shower & toilet replacements, drywalling, minor electrical, painting and heating system maintenance including hot water heaters. I have saved over $3,000 over the last 10 years.
by rcshouldis
Sat Jun 11, 2011 6:58 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Home-Price Drop of 10 - 25% 'Wouldn’t Surprise Me
Replies: 53
Views: 7871

Re: Shiller: Home-Price Drop of 10 - 25% 'Wouldn’t Surpris

ladders11 wrote:At a conference, Yale Professor and Economist Robert Shiller said that U.S. home-price declines of 10% to 25% ‘Wouldn’t surprise me’. Comments were written up in an article at Bloomberg (http://www.bloomberg.com/news/print/201 ... e-me-.html). The article cites the foreclosure backlog, unemployment, and tightening lending standards as contributing to potential declines.

What do you think? It wouldn't surprise Mr Shiller, but he has seen it all. Like if they remade the 1979 film Bear Island with economists, he would be around the Lloyd Bridges level.
I think we would see serious local and county bankruptcy's because property taxes would take a big hit.
by rcshouldis
Sat Jun 11, 2011 6:35 pm
Forum: Investing - Theory, News & General
Topic: Poll: Imagine this Worst Case Scenario. What to do?
Replies: 42
Views: 4654

Re: Poll: Imagine this Worst Case Scenario. What to do?

Imagine: We wake up tomorrow to learn that a nuclear war has broken out in the Mid-East. Stock markets worldwide are down 50%. Your total portfolio is now worth ___. A more conventional war is expected to continue with the world’s major powers taking opposing sides. Experts tell us that world oil supplies and commerce are severely disrupted and that it will take years, if ever, before the global economy recovers. Talking heads in the media tell us the markets could go down a lot further. A few more weeks go by and stocks remain depressed at 40%-60% below prior levels. Bonds are also down a little, with default concerns. What do you do with your portfolio? Just. Imagine: You don't wake up tomorrow because the Earth was attacked and destroye...
by rcshouldis
Sun Jun 05, 2011 5:38 pm
Forum: Investing - Theory, News & General
Topic: Favorite Vanguard "Active" Funds?
Replies: 23
Views: 4394

Findelglorin wrote:Wellington
Wellesley
+1
by rcshouldis
Tue May 31, 2011 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 25% of retirees have no more savings
Replies: 79
Views: 10915

Leesbro63 wrote:
ychuck46 wrote:And the answer is to ... impoverish the rest of us to keep them going? I'm sorry, but my sympathy quotient is pretty exhausted today. While there are some who will be in the position due to unforeseen circumstances, the majority of there because they put themselves there (by overspending, undersaving, and so forth.) Let them fend for themselves.
+2!!!!
-1
by rcshouldis
Sat May 28, 2011 8:08 am
Forum: Investing - Theory, News & General
Topic: Is there such a thing as "good" market timing?
Replies: 93
Views: 7857

If Larry Swedrow advocated moving money to and from equity ( changing equity/fixed ratio)to hit the market then IMO it surely is market timing. I guess he is suggesting a mild form of bond timing. They key, as far as I see it, is to maintain an acceptable risk (equity/fixed ratio) and to be well diversified in all.

Concerning equity trading, how do you know if the market has bottomed out before you decide to invest more in equity? How do you know When and Whether the market is going to drop 10% or 50%? How do you know how long it will take of bounce back? if it ever does.
by rcshouldis
Mon May 23, 2011 8:08 pm
Forum: Investing - Theory, News & General
Topic: Bonds Forcasting Market Correction?
Replies: 13
Views: 3185

Don't ever listen to CNBC. You have a more productive experience painting your house.
by rcshouldis
Mon May 23, 2011 4:25 pm
Forum: Personal Consumer Issues
Topic: What do you eat for breakfast?
Replies: 116
Views: 14611

2 cups of Coffee and a bagel with cream cheese
by rcshouldis
Sun May 22, 2011 7:14 pm
Forum: Personal Consumer Issues
Topic: WalMart Robin Problem
Replies: 16
Views: 2528

they are not going to live. sorry, but there's about 0 chance. might be able to take um back and put the nest near where it originally was, but even then the chance for success is quite minimal. Sorry but all of us work and we just didn't have time to try to save them. Nature is cruel but what is important is the survival of the species, not the individual. We learned a lot from this and if it happens again, God forbid, we might have the time to try and save them. You're right. Being fed by their mother is only a part of the need for their survival. They must be nurtured and taught by their mother for weeks after they fledge. Without a mother they don't stand much hope. There may be bird groups that know how to raise robins but they need h...
by rcshouldis
Sun May 01, 2011 11:28 pm
Forum: Personal Investments
Topic: What are you buying now and why?
Replies: 53
Views: 9358

Not buying anything right now. I have 20% in cash just sitting there waiting for the right opportunity.
by rcshouldis
Sun May 01, 2011 11:14 pm
Forum: Personal Consumer Issues
Topic: USAMA BIN LADEN IS DEAD
Replies: 50
Views: 8317

Now if they could only bring back all those he killed.
by rcshouldis
Sun May 01, 2011 11:12 pm
Forum: Investing - Theory, News & General
Topic: 10 Reasons You Should Never Own Stocks Again
Replies: 13
Views: 3557

Good article. I liked it. He tells it like it is.
by rcshouldis
Sun May 01, 2011 11:43 am
Forum: Personal Consumer Issues
Topic: Bye Bye Microsoft- Hello Mac!
Replies: 193
Views: 28104

tj218 wrote:I'd go Ubuntu before I would touch a Mac. They are way too overpriced.
+1
by rcshouldis
Sun May 01, 2011 10:13 am
Forum: Personal Consumer Issues
Topic: Drug store Blood Pressure machines?
Replies: 44
Views: 7831

Re: Drug store Blood Pressure machines?

Any opinions on the accuracy of the machines that will check blood pressure? There is one in the drug store and using it is free, easy and convenient - stick your arm in the cuff, press the start button, and you have Blood pressure and pulse in a minute. My wife says her doctor told her these things were not reliable at all. Opinions? The only trouble with using the free drug store machines is that they can vary greatly and you never really know how accurate the machine is. It may be difficult to get an accurate base reading. When you purchase a good machine and verify it at your doctors office ( Omron for example) you'll develop a history of readings and you'll easily and accurately detect any CHANGES in your blood pressure. Accurately de...
by rcshouldis
Sun May 01, 2011 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Angry and Bitter [interaction with financial advisor]
Replies: 95
Views: 15328

racy wrote:Personally, I don't blame the financial sales people for taking fees. After all, they do provide a service to those who don't or can't do their own financial planning. Heck, I don't grind my own hamburger. I buy it from the butcher even though I'm pretty sure I (or a 4th grader) could run a meat grinder.


Spin it any way you want, we don't need crooks handling our money. Period
by rcshouldis
Tue Apr 19, 2011 3:48 pm
Forum: Personal Consumer Issues
Topic: Oil Change Irritation - UPDATE 4/25 7:29 AM
Replies: 84
Views: 13563

Forget about the place. Find another with people you can trust. If they lie to you about the smaller things they'll lie about anything. There are plenty of other shops offering oil change specials all the time.
by rcshouldis
Tue Apr 19, 2011 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Causes of job changes during professional career
Replies: 11
Views: 2244

I think most people who have been in the workforce for over 20 years have experienced multiple instances and reasons for changing jobs.
by rcshouldis
Sat Apr 16, 2011 5:54 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 40571

However, NOT including Social Security, pensions, and primary residence is to ignore a goodly chunk of money. I'm 75 and have nowhere near the mandatory million that seems to be required, but I've been retired since I was 44. But I do have a pension and Social Security and my house is almost paid off. If I told you the paltry amount I have saved/invested you would probably recoil in horror, but actually I live rather well. Of course, now that I'm old and somewhat disabled I don't have expensive hobbies like skiing and scuba diving any more, and I don't travel on little expeditions, so my expenses are less. But still, it's been a great life so far. I think you have the right idea. I have a pension and when I take my SS in about 3 years I wi...
by rcshouldis
Sat Apr 16, 2011 5:30 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 40571

Tuxx wrote:Could this be because of underwater mortgages? I know plenty of folks that would have to cut a check for $200K+ just to get out of the mortgage.
I'll bet many people were counting on the value of their home to be a substitute for a IRA or savings account.
by rcshouldis
Sat Apr 16, 2011 5:17 pm
Forum: Personal Consumer Issues
Topic: Bogleheads are "slowlaners" - Millionaire Fast Lan
Replies: 100
Views: 15052

staythecourse wrote:For a smart group of folks on here I am not sure why this comes as a surprise.

No doubt fast millionairs get there by being business men and everybody else has to do it slowly. Is that a revelation?

Haven't read his book, but the point of investing is to get to wealth with as little risk as possible. For every Joe like him who became wealthy quickly how many folks missed completely and have trouble retiring with enough funds.

Bogleheads philosophy gives you a near garauntee for success with very minimal risk for a comfortable retirement. I'll take that any day.

Good luck.

Some must think that starting a business is not risky. It's serious risk! Many more fail than succeed.
by rcshouldis
Sat Apr 16, 2011 4:38 pm
Forum: Personal Investments
Topic: Question for those in retirement
Replies: 37
Views: 6521

61 years old. 50/50 portfolio. Bonds all short term. Equity all diversified into 10 different ETFs. Large cap, small cap, value and growth both US and International.

Plan of taking SS at 64. My pension and SS should pay all bills for quite some time.
by rcshouldis
Thu Mar 31, 2011 4:46 pm
Forum: Investing - Theory, News & General
Topic: "Major Crash" Coming for Stocks...
Replies: 22
Views: 4532

Re: "Major Crash" Coming for Stocks...

EStreet33 wrote:A friendly reminder to stay the course and ignore people like Harry Dent.

Harry Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out

Does somebody actually get paid to say things like this?
The good news, for those long, is Dent predicts the Dow will trade as high as 13,200 by mid-summer and the S&P 500 as high as 1430, or more-than 7% above current levels. The bad news is "then we could see another major crash," Dent says, forecasting the Dow could trade as low as 3300 in a worst-case scenario. "Bubbles go back to where they started or a little lower," he says. "The stock market bubble started at (Dow) 3800 in late 1994."
LOL!!
by rcshouldis
Wed Mar 30, 2011 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for first credit card
Replies: 36
Views: 7117

Re: Applying for first credit card

I don't have any debt. No sketchy financial history. I thought I would be a shoe-in for the first credit card I applied for. DENIED Then again for the second one. I wish I had picked one up a few years ago in college when they were practically throwing them at me. I suppose the denials are due to my lack of credit history, having never been a cardholder. So now, having been denied for two separate cards, I have questions. Does each credit card application affect my credit? Should I spread out my applications over time? Should I consider taking out a loan at my bank and then paying it back in a couple months time, just to build some kind of history? Which came first: the credit card or the credit history required to have a credit card? Back...
by rcshouldis
Wed Mar 30, 2011 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised, looking for advice.
Replies: 25
Views: 4666

looking for advice You have much more clout and alot less risk when using your credit card. By disputing charges on your credit card the bank will investigate and usually free you from liability. With a debit card you're on the hook. THe loss on your checking account from a fraudulent debit charge is not the banks responsibility. Never use a debit card to pay for items via the internet or in a brick and mortar store if you do not personally know and trust those your doing business with. I NEVER use a debit card on any internet purchases. Use your credit card and simply pay off the balance each month. The only time I ever use my debit card is when I grocery shop at my local WalMart. Never had a problem. I think its getting complicated.. I a...
by rcshouldis
Tue Mar 29, 2011 10:05 pm
Forum: Personal Investments
Topic: 60 Minutes story on US companies with "foreign" he
Replies: 18
Views: 3657

Imagine how many jobs would come to the US if the corporate tax rate was dropped to 10%... Given current conditions, a substantial rate drop like that requires a huge individual rate increase (probably from 35% to 55% for top bracket) with a potential VAT system like Canada/Europe. But I'm assuming the comment is sarcasm. No I wasn't using sarcasm. On the 60 minutes piece, the CEO of CISCO said that from their company alone, $40 billion would be brought to the US if corporate tax rates were lower. That's a lot of jobs, for which those people pay income taxes? And that is just one company. Based on the stats here http://www.irs.gov/taxstats/article/0,,id=102886,00.html , in 2009, about 87% of tax revenue collected was from individual income...
by rcshouldis
Tue Mar 29, 2011 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised, looking for advice.
Replies: 25
Views: 4666

looking for advice When the smoke clears, get rid of the debit card. As you have found out they really are not the same as a credit card. Every few years my bank tries to send me a debit card to replace my plain ATM card. I call then and usually the conversation goes like this; Me) Hi, you sent me a debit card but I don't use debit cards because they are not as safe as credit cards. I would like you to send me a plain AMT card instead. Bank) I'm sorry but all of our accounts are set for debit cards now and we don't have plain AMT cards any more. Me) That is not acceptable. If you don't send me a plain ATM card I will be closing my account and reference this phone call as the reason. Bank) Your ATM card has been ordered, it should arrive in...
by rcshouldis
Mon Mar 28, 2011 1:25 pm
Forum: Investing - Theory, News & General
Topic: I love this!
Replies: 3
Views: 1703

Re: I love this!

Lbill wrote:
Investing isn’t like hiring a basketball coach, Richards argues, but rather like planting an oak tree: “You never plant a tree and then pull it out every time the wind blows just to check the roots.”

He also quotes this gem from Warren Buffett: “Benign neglect, bordering on sloth, remains the hallmark of our investment process.”
http://portfolioist.com/2011/03/28/rela ... #more-5106
Oak Trees die of disease too!
by rcshouldis
Mon Mar 28, 2011 1:22 pm
Forum: Investing - Theory, News & General
Topic: WSJ:Why Your Nest Egg May Not Last
Replies: 80
Views: 15857

Investors starting out retirement in adverse market conditions, such as those of the past few years, may only be able to safely withdraw smaller percentages than is now the conventional wisdom -- such as less than 3%, Mr. Easterling says. One extreme to the other. A statement like that probably does much less harm than did those summarizing studies claiming 6% or so SWR in the mid to late 2000's, because of the benefits of slice&dice diversification compared to S&P&Commercial paper or whatever Trinity was. But it seems to cause unnecessary worry, and may cause some to just give up. For 65 year old retirees with reasonably balanced portfolios, requiring below 3% WR is just going too far I think. Even today, or 2007, or even 2000...
by rcshouldis
Mon Mar 28, 2011 1:10 pm
Forum: Personal Consumer Issues
Topic: complaint - why are we regulated to 6 online transfers/month
Replies: 28
Views: 4317

spefactor wrote:My account at Ally has a similar restriction. It only applies to savings accounts. They also cite federal laws.

Same here.
by rcshouldis
Mon Mar 28, 2011 1:08 pm
Forum: Personal Investments
Topic: 60 Minutes story on US companies with "foreign" he
Replies: 18
Views: 3657

All I know is that I have to pay my taxes. Since the supreme court ruled that Corporations have the same rights as individuals (LOL), they should pay up too.
by rcshouldis
Sun Mar 27, 2011 10:20 am
Forum: Personal Consumer Issues
Topic: Internet Explorer 9 released
Replies: 27
Views: 4069

Since my original post regarding IE 9, I have been using it. The favorites list is now on the right instead of the left. The overall look is sleeker and cleaner. Curious problem - I cannot get Vanguard account page to load. I get into Vanguard and it has my welcome page, but it will not bring up account list. When I go to the url portion of IE 9, the symbol for compatibility with a website built with old browser shows up. Is this a problem with IE 9 or is Vanguard having a problem today? By the way, when you install IE 9, it automatically removes IE 8. I did not have any problems with bank or other access accounts, just Vanguard. I have no problem loading Vanguard with IE 9. I would call Vanguard. Maybe they know of others who have had the...