Search found 219 matches

by 2b2
Fri May 12, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2887

Re: Retirees, what is your marginal tax rate?

Retired 9 years ago.
Spouse works full time.
I'm with Gordon - don't know and don't care.

2b2
by 2b2
Sun May 07, 2017 9:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 2954

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday, Mr. Bogle.

Thank you for putting your customers first!

2b2
by 2b2
Sun May 07, 2017 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Really need some advice for a 401k rollover after forced retirement
Replies: 21
Views: 1328

Re: Really need some advice for a 401k rollover after forced retirement

The Raymond James advisor cannot predict the future return of any portfolio. Nobody can. He is blowing smoke. The portfolio he suggested is, however, reasonable. He may have meant that the proposed allocations would have returned 5.35% over some specified period in the past. Read the wiki, read some...
by 2b2
Tue May 02, 2017 12:50 am
Forum: Personal Finance (Not Investing)
Topic: I'm kinda sorta in the 2-comma club
Replies: 23
Views: 3665

Re: I'm kinda sorta in the 2-comma club

Congratulations!
You are not cheating by not including anticipated taxes (imo).

Well done!!

2b2
by 2b2
Fri Apr 28, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a side business
Replies: 15
Views: 724

Re: Starting a side business

I would suggest you ask an accountant the write-off question.
You don't wanna get Uncle Sam's knickers in a twist.

2b2
by 2b2
Fri Apr 28, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Breath of Fresh Air - Leaving Ameriprise
Replies: 13
Views: 1132

Re: Breath of Fresh Air - Leaving Ameriprise

Congratulations!

You have done a fairly difficult thing, but one that will pay huge rewards.

Welcome!!

2b2
by 2b2
Fri Apr 21, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 36759

Re: Larry Swedroe says "Goodby."

I'd like to add my thanks to that of all the others.

Larry, you provided much help and valuable information.

2b2
by 2b2
Sun Apr 09, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Milestone reached.
Replies: 14
Views: 2398

Re: Milestone reached.

Very well done!
Heck of a milestone!!

2b2
by 2b2
Sat Apr 01, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Edward jones to vanguard?
Replies: 19
Views: 1744

Re: Edward jones to vanguard?

My guess is that you will find it easier than you anticipate - I certainly did. I only have experience with Vanguard, but am completely satisfied. They took care of everything except my signatures.

Getting out from under onerous fees is a very smart move.

2b2
by 2b2
Fri Mar 17, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: How do you cope with regret over selling too soon?
Replies: 57
Views: 3410

Re: How do you cope with regret over selling too soon?

I'm a big believer that the "if only" mode of thinking is not helpful. Looking into the past and cherry picking a single event to change offers no value at all. Suppose, for example, you were able to go back and change the fact that you sold the stock too soon. Would that cause your backst...
by 2b2
Wed Mar 15, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle portfolio while living off investments?
Replies: 11
Views: 1158

Re: How to handle portfolio while living off investments?

If one can come to see volatility as a friend as well as an enemy, one may find it is less important to "tame" it.

If, on the other hand, that downward (or upward) volatility causes one to abandon an otherwise reasonable investment plan then one should reduce that volatility.

2b2
by 2b2
Fri Mar 10, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: When is tax due on IRA distribution?
Replies: 14
Views: 864

Re: When is tax due on IRA distribution?

VtMaps For some years now (since I retired) I have been taking IRA distributions each month for living expenses. I have set the with holding rate to zero for those distributions. Each December, I estimate my tax liability for these distributions and order a single distribution for the total amount o...
by 2b2
Tue Mar 07, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Small (but Significant) Milestone
Replies: 26
Views: 2883

Re: Small (but Significant) Milestone

Very well done!
...and Emerald City real estate is on a tear! Something to do with The Wizard?

Keep it up!!
-2b2
by 2b2
Wed Feb 22, 2017 1:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 21ST HEARTDAY, JACK BOGLE
Replies: 24
Views: 1673

Re: HAPPY 21ST HEARTDAY, JACK BOGLE

I echo the thanks to the generous individual or family who donated the heart. Absent their generosity, things might have been very different for many people.
by 2b2
Wed Feb 22, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 8171

Re: New Boglehead Millionaire

Well done! :sharebeer
by 2b2
Wed Feb 15, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Stock Market Fears
Replies: 55
Views: 6173

Re: Stock Market Fears

Do the old rules still apply today?

Without question.
Unless, of course a Boston economist thinks otherwise.

2b2
by 2b2
Fri Feb 10, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest- fear of crash
Replies: 58
Views: 4593

Re: When to invest- fear of crash

OP,

While you may not be a "proponent" of market timing, you seem to be a practitioner. You may want to examine this.

2b2
by 2b2
Sat Feb 04, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Declined with 800 FICO Score?
Replies: 33
Views: 2934

Re: Declined with 800 FICO Score?

Is it possible that you have frozen access to your credit files? I only ask because I did that very thing.
Froze access then applied for a dept store cc.
I didn't get the cc but decided it wasn't worth the un-freeze.
2b2
by 2b2
Thu Feb 02, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: How much will i need to retire in my apartment in nyc?
Replies: 35
Views: 4073

Re: How much will i need to retire in my apartment in nyc?

In my building, real estate taxes and the interest on the underlying building mortgage account for roughly 50% of the monthly maintenance. Manhattan real estate tax has risen by about 50% over the last 5 years and is expected (by our building's management) to increase by another 50% over the next fi...
by 2b2
Mon Jan 16, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: newly acquired portfolio feedback
Replies: 19
Views: 2069

Re: newly acquired portfolio feedback

I agree that 95/5 is a bit aggressive and could be difficult to stay with in a steep stock decline. See this link for Vanguard's data on different returns based on different asset allocation selections. You'll have to interpolate a bit to visualize your 95/5, but it may be worth the effort. http://t...
by 2b2
Tue Jan 10, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 19212

Re: How Bad was 2008, really?

Like Bogel0048, I retired in June of 2008.
As the meltdown accelerated, I would climb up on my roof each morning and shout:

"PEOPLE, PEOPLE, PEOPLE!!!! IF YOU WOULD ALL KINDLY STOP SELLING STOCKS, PRICES WILL STABILIZE!"

It finally worked.

2b2
by 2b2
Fri Dec 09, 2016 10:28 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to wait for a dip to buy VTSAX?
Replies: 18
Views: 2082

Re: Does it make sense to wait for a dip to buy VTSAX?

...and speaking of horizons, investors should keep their eyes off their shoes and focus them on the horizon.

2b2
by 2b2
Wed Nov 30, 2016 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Net Worth now = $0!!
Replies: 30
Views: 6358

Re: Net Worth now = $0!!

Very well done!
The Positive Net Worth World is a much nicer place to be.

2b2
by 2b2
Tue Nov 29, 2016 8:08 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 14399

Re: Paul Merriman challenges John Bogle

It has been noted that many (most?) investors under perform the funds they are invested in by about 2% per year. This is, of course, a result of moving in and out of those funds due to volatility. Can one imagine the average under performance associated with a 100% equity allocation to small caps? 2b2
by 2b2
Sat Nov 26, 2016 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bond fund question
Replies: 4
Views: 626

Re: Bond fund question

caaad,

Try to just ride the wave. If you duck in and out you will almost certainly be caught by surprise.

2b2
by 2b2
Sat Nov 19, 2016 9:00 am
Forum: Local Chapters and Bogleheads Community
Topic: Valuethinker has surpassed 30,000 posts
Replies: 39
Views: 3724

Re: Valuethinker has surpassed 30,000 posts

Thank you, Valuethinker.
You have helped many on the board - including me.

2b2
by 2b2
Sat Nov 12, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Best way to visit NYC from DC
Replies: 33
Views: 2751

Re: Best way to visit NYC from DC

I would strongly recommend the subway over taxi or bus transport while in the City, especially anytime during the holidays. The current level of new building construction is having a disastrous effect on surface traffic. Many, many streets have one lane closed - sometimes entire streets are closed t...
by 2b2
Mon Oct 24, 2016 9:39 am
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein Books
Replies: 40
Views: 3957

Re: Dr. Bill Bernstein Books

I agree.
Four Pillars is excellent.

2b2
by 2b2
Sun Sep 11, 2016 7:45 am
Forum: Investing - Theory, News & General
Topic: Wall St. Nuclear Meltdown
Replies: 62
Views: 9619

Re: Wall St. Nuclear Meltdown

This is nuttin.
Wait til the NUCULAR meltdown!
by 2b2
Wed Aug 31, 2016 1:04 pm
Forum: Investing - Theory, News & General
Topic: How to give unsolicited advice
Replies: 54
Views: 4105

Re: How to give unsolicited advice

"I also know how I reacted whenever older friends tried to give me advice and so I am reluctant to do so."

In my opinion, you answered your question.

2b2
by 2b2
Mon Aug 22, 2016 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: How did your 401k fund grow from 2006 to 2016? please share. did you come out fine for 2008 crash?
Replies: 27
Views: 4417

Re: How did your 401k fund grow from 2006 to 2016? please share. did you come out fine for 2008 crash?

Personally, I want to be in the equities market when it is at an all time high.
Doesn't everybody?

2b2
by 2b2
Wed Aug 17, 2016 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 12596

Re: Anyone else getting nervous and converting to cash as a short-term move?

It's a bit like having a toothache and deciding to extract your own tooth.
You'll probably do more harm than good.

2b2
by 2b2
Sun Jul 31, 2016 8:00 am
Forum: Investing - Theory, News & General
Topic: Investing at stock market highs
Replies: 52
Views: 4931

Re: Investing at stock market highs

First, do some reading in the wiki and elsewhere about lump sum vs. dollar cost averaging investing. Then make up your mind which method better fits your comfort level. Then make the investment. This is all part of the discipline you will need to become a successful long term investor. Best of luck,...
by 2b2
Wed Jul 20, 2016 5:48 pm
Forum: Investing - Theory, News & General
Topic: wishing the market would drop to buy more shares
Replies: 36
Views: 3593

Re: wishing the market would drop to buy more shares

Wish for a correction?... Nah.
I wish for the stock market to increase every business day until I die. That would make me very wealthy!

2b2
by 2b2
Sun May 08, 2016 6:56 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 4367

Re: Happy Birthday Mr. Bogle! May 8, 2016

Happy Birthday, Mr. Bogle!!
...and Thank you!

2b2
by 2b2
Fri May 06, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 8814

Re: Safe withdrawal rates

I use the TLAR rule:
That Looks About Right
or
Taylor Larimore Approach to Retirement
2b2
by 2b2
Wed Apr 27, 2016 9:00 pm
Forum: Personal Consumer Issues
Topic: Budapest
Replies: 10
Views: 1247

Re: Budapest

by 2b2
Sun Apr 17, 2016 8:22 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 6676

Re: A Month in Manhattan

When you visit the Metropolitan Museum of Art, note that the signs at the ticket booths indicate "Suggested" admission prices. Since you may want to return several times during your month stay, there is no need to follow their suggestion of $20 per adult.

Just sayin'.

2b2
by 2b2
Fri Apr 01, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: do you do airbnb ??
Replies: 64
Views: 5807

Re: do you do airbnb ??

Please be aware that there are laws governing short term rentals.
Here is some information for New York City: https://www.airbnb.com/help/article/868/new-york--ny
by 2b2
Sun Mar 27, 2016 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone think the stock market is overvalued?
Replies: 50
Views: 5316

Re: Does anyone think the stock market is overvalued?

Here's my prediction:

You won't get any replies to your question that will make it any easier for you to predict the future movement of the markets.

2b2
by 2b2
Thu Jan 28, 2016 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Retired & Estimated tax payments ???
Replies: 27
Views: 1934

Re: Retired & Estimated tax payments ???

I have zero deducted for federal tax from both my IRA withdrawals and my Social Security checks. I make monthly withdrawals from the IRA to live on. Each (late) December I make a single additional withdrawal from the IRA, have it all withheld, and send it directly to the IRS. This works to my benefi...
by 2b2
Mon Jan 25, 2016 9:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 6008

Re: Happy Birthday Taylor!

Happy Birthday, Taylor.
Thank you for your courage as a young man and for sharing your wisdom now.

2b2
by 2b2
Fri Jan 22, 2016 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 9282

Re: Most anticipated retirement purchase

About a year into retirement, I bought a 5 year old Carrera 4S.
I can get that thing going so fast that I actually go back in time.
So I get that, too! :shock:
by 2b2
Fri Jan 15, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: I'm sitting here watching FOX Business...14200??
Replies: 92
Views: 9817

Re: I'm sitting here watching FOX Business...14200??

Point One: Financial porn outlets have one goal - and one goal only. That goal is to get eyeballs (or ears) on the applicable tv tube, computer screen, or radio station. Fear is the best way to do that.

Point Two: Opinions are like ...mmmm.....bellybuttons - everyone has one.

2b2
by 2b2
Fri Jan 15, 2016 11:28 am
Forum: Investing - Help with Personal Investments
Topic: My 401(K) -13% (1yr)
Replies: 26
Views: 2589

Re: My 401(K) -13% (1yr)

Seems like your portfolio performance is still within your stated range of expectations: i.e., down less than 25%.
Not sure what the issue is.

2b2
by 2b2
Sat Jan 09, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Would like to rent my apt out. Need advise
Replies: 13
Views: 1667

Re: Would like to rent my apt out. Need advise

It is possible your managing agent is also a realtor. That could help as well.

2b2
by 2b2
Sat Jan 09, 2016 10:32 am
Forum: Investing - Help with Personal Investments
Topic: sock down this time is different
Replies: 18
Views: 2261

Re: sock down this time is different

All we are doing is giving back some of the Premium that the Equity Risk Premium has given us over the past few years.
No reason to expect that this would NOT happen.

2b2
by 2b2
Tue Jan 05, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Would like to rent my apt out. Need advise
Replies: 13
Views: 1667

Re: Would like to rent my apt out. Need advise

Two thoughts:
The managing agent of your coop might be able to give you some guidelines/assistance.
The coop board might require your subtenant to submit to an interview before approving your application to sublet.
by 2b2
Sun Jan 03, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio frustration
Replies: 8
Views: 1304

Re: Portfolio frustration

Welcome to the forum,

Last year's outperformers are exactly that: LAST YEAR'S OUTPERFORMERS.
The trick is to identify NEXT YEARS OUTPERFORMERS.

Performance chasing is not a good strategy.

2b2

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