Search found 365 matches

by 2pedals
Sat Apr 21, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation and rebalancing
Replies: 1
Views: 166

Re: Portfolio allocation and rebalancing

Hi BHs, I am a new member in this forum but have found many of the threads very useful in the past. My first (and only) investment book was "The Little Book of Common Sense Investing" and I try to follow JB's investment strategies as many of you. I am 32 years old and here's my portfolio (started a...
by 2pedals
Sat Apr 21, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 66
Views: 3266

Re: I’m still not a fan of international bond funds

I agree, neither am I Seems to me stocks are for risk and bonds are for stability. Adding bond funds are used to decrease to volatility in your portfolio. Adding international stocks add diversity and might improve returns. I am not sold on adding international bonds funds. What is the point, if US ...
by 2pedals
Mon Apr 16, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 417
Views: 78868

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

siamond, dbr and AtlasShrugged thanks for the posts I am retiring next year. I have read Wade Pfau's book, "How Much Can I Spend in Retirement?". Pfau and McClung both have given me plenty of help. I like McClung's method and presentation, I just don't know how practical it is to my situation. My fe...
by 2pedals
Sun Apr 15, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 417
Views: 78868

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

I have bought this book and am currently reading it. I am curious if anyone has had the time to review and think about the the subject book. Have you adjusted your retirement planning based on the information provided in this book. After quickly skimming through the book, the prime harvesting approa...
by 2pedals
Sun Apr 08, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting
Replies: 10
Views: 1908

Re: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting

Thank you for sharing. Jack Bogle is a very special person he and deserves the accolades and friendships.
by 2pedals
Sun Apr 08, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach
Replies: 18
Views: 1329

Re: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach

About to rollover a profit sharing plan from microcorp to Vanguard. I was thinking of the LifeStrategy Conservative Growth Fund (VSCGX). But I happened to mention that to our TIAA advisor (we have TIAA from previous job); he said well, a single fund wouldn't be good because if the market is down yo...
by 2pedals
Sat Apr 07, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 7499

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

3) So let's say one retired in late 2017 with a $1,000k portfolio and planned to use a SWR of 4%. One withdrew $40,000 on Jan 1st 2008 leaving $960k. Then the portfolio lost 16% during 2008 ending the year at $806 k. And now your safe withdrawal rate is telling you to take out another $40 K which w...
by 2pedals
Sat Apr 07, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14790

Re: Swedroe: Look Beyond 60/40 Portfolio

Larry Swedroe makes the statement that: The bottom line is that investors should be aware that traditional 60/40 portfolios cannot be expected to provide anywhere near the level of returns experienced over the last 36 years. That likely requires action, or retirement plans will not be achieved. On ...
by 2pedals
Sat Apr 07, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2543
Views: 476775

Re: What's Your Credit Card Rewards Strategy?

I have not played with credit card churning, maybe I should. I stay away from annual fee cards. I look for cards rewards that I can use that don't cost me anything to hold. I use: Fidelity (2% rewards) Amex blue cash (3% grocery shopping) Marvel Synchrony Bank (3% on Dining, Select Entertainment) Tr...
by 2pedals
Sat Apr 07, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14790

Re: Swedroe: Look Beyond 60/40 Portfolio

Larry Swedroe makes the statement that: The bottom line is that investors should be aware that traditional 60/40 portfolios cannot be expected to provide anywhere near the level of returns experienced over the last 36 years. That likely requires action, or retirement plans will not be achieved. On o...
by 2pedals
Sat Apr 07, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11326

Re: What is your AA, given your age? and, Why?

I am 45/55 stocks/bonds at age 58 and will retire at 59. Stocks are mostly total US stock market and total intentional stock market (70/30 of equity). Bonds are mostly stable value with some CDs, I-bonds, EE-bonds and high yield money market (very low interest rate sensitivity). I am concerned about...
by 2pedals
Sun Apr 01, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - planning for worst, hoping for better
Replies: 37
Views: 2139

Re: 4% SWR - planning for worst, hoping for better

This is a planning problem for me as well. Not retired yet, but very soon. I don't want to leave too much money on the table because of a conservative rule. I wish to enjoy my retirement especially in my earlier years of retirement. Not sure who strictly follows the 4% rule. It can used to help some...
by 2pedals
Sat Mar 31, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Which bond index funds to use
Replies: 5
Views: 743

Re: Which bond index funds to use

Have you considered Dodge & Cox Income (DODIX)? Dodge & Cox Income is a dependable and reasonably low fee managed bond fund.
by 2pedals
Wed Mar 28, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Freshly Minted Boglehead
Replies: 17
Views: 1173

Re: Freshly Minted Boglehead

Arinbjorn Thank you for your service. I am impressed with your resume and life experiences. At 30 yo, with planning, some hard work, team work with DW I am certain you will achieve things you had never believed possible. I am 58 and nothing beats hard work, a good education and working with my DW to...
by 2pedals
Tue Mar 27, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 7499

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

What if someone is planning for early retirement at say 60? He has 401K and taxable assets. He has been working for years but now has a bar stool with 2 legs. Before SS at 70 he wants a sturdy leg to finish that bar stool. How would he temporary fix that bar stool before the Uncle Sam sends the SS l...
by 2pedals
Tue Mar 27, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 7499

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

Grok What is wrong with the hybrid endowment approach with 2% fixed withdrawal and 2% variable withdrawal, using 50% stocks and 50% bonds? The 50% of bonds can be TIPS, CDs, bond funds, Ibonds, etc for diversity. The withdrawal method should account for a rising or falling market with a portion of t...
by 2pedals
Sat Mar 24, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Financial Trends Persist
Replies: 51
Views: 4449

Re: Larry Swedroe: Why Financial Trends Persist

:shock: All I was ever able to conclude from my informal studies was that chart reading is a complex way of arriving at a simple theorem, to wit: when [stocks] have gone up for a considerable time, they will continue to go up for a considerable time; and the same holds true for going down. This is s...
by 2pedals
Sun Mar 18, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block vs TurboTax (spoiler: HRB is awful)
Replies: 70
Views: 6683

Re: H&R Block vs TurboTax (spoiler: HRB is awful)

I am happy with H&R Block. I used TaxCut (now H&R Block) from 1996 to 2005 switched to TurboTax in 2006 to 2013 switched back to H&R block 2014 to 2017. I switched to TurboTax in 2006 to take advantage of the Fidelity import feature. Switched back to H&R block in 2014 after TurboTax limited the usef...
by 2pedals
Sat Mar 17, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Am I handling this windfall correctly?
Replies: 39
Views: 4490

Re: Am I handling this windfall correctly?

You could use Shares Core S&P Total U.S. Stock Market ETF (ITOT) and iShares Core MSCI Total International Stock ETF (IXUS), rather than the Fidelity mutual funds. Keep the bonds in tax advantaged accounts. Also, any particular reason you recommended these over VTI, etc.? Now I'm down the rabbit ho...
by 2pedals
Fri Mar 16, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Am I handling this windfall correctly?
Replies: 39
Views: 4490

Re: Am I handling this windfall correctly?

Overall looks great, One thing to look into is tax efficient fund placement . Fidelity mutual funds are not the best for a taxable account. You could use Shares Core S&P Total U.S. Stock Market ETF (ITOT) and iShares Core MSCI Total International Stock ETF (IXUS), rather than the Fidelity mutual fun...
by 2pedals
Fri Mar 16, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 4839

Re: Bicycle Commuting in LA - Thoughts?

To get a good understanding where the cyclists ride the most, check out the Strava Heatmap.
by 2pedals
Thu Mar 15, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 4839

Re: Bicycle Commuting in LA - Thoughts?

I commute to work about 20 miles one way. Great for your health and stress relief. Since I have a desk job it is a good way to get some exercise instead of waiting in traffic with road rage, there seems to be plenty of that going around. I would look of the "safest" route to work. Sometimes this req...
by 2pedals
Sun Mar 11, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 169
Views: 15257

Re: Torn between Vanguard, Fidelity and Schwab

Honestly, although I love Vanguard's philosophy, I would strongly consider Fidelity ( as long as you are able to recognize and ignore their sales-pitches) . They have enough very-low cost vehicles, but the tipping factors are their excellent 24/7 customer service as well as their easy-to-navigate w...
by 2pedals
Sun Mar 11, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64101

Re: Picking College and College Scholarships

Don't take this too personally, but I think this is much ado about nothing. Just send your son to any good engineering school, statics is statics and thermodynamics is thermodynamics. Engineering schools teach the same material but at different prices. The difference is in graduate school when you ...
by 2pedals
Sun Mar 11, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64101

Re: Picking College and College Scholarships

You may be reading too much in. But it is still a good question. So a few comments ... If attending college is like marriage, visiting colleges is like dating. Going strictly by online is a bit like having a mail order bride. Arranged marriages work to, but typically, arranged marriages are arrange...
by 2pedals
Sun Mar 11, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs. additional tax-advantaged retirement savings
Replies: 93
Views: 5530

Re: Paying off mortgage vs. additional tax-advantaged retirement savings

OP I think you have a good handle on this dilemma. It basically boils down to how much risk you want to take in life. Real estate, stocks and expectations for a steady income stream from employment can impact your future. Other unexpected family issues can also rear their ugly head at times. Bonds i...
by 2pedals
Sat Mar 10, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5164

Re: Dumped My Advisor, Now What?

Why did you dump your advisor? Kept pushing us to sell our stocks into High ER funds with front loads, and since he was the financial guy I made the mistake of trusting him to make good decisions on our behalf, expensive mistake after looking at the calculator. Finally sat down and actually looked ...
by 2pedals
Sat Mar 10, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5164

Re: Dumped My Advisor, Now What?

Why did you dump your advisor?
by 2pedals
Sat Mar 10, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Amount saved by age
Replies: 58
Views: 8212

Re: Amount saved by age

I know everyone’s circumstances are different; however, is there a general rule of thumb as to how much you should aim to save by age group? I am a young investor fyi (29). Thanks all. Take a look at the bogleheads wiki. Investment Philosopy Great information. The most important thing is to get a w...
by 2pedals
Sat Mar 10, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Tires: Where to Get? Warranty? And Questions?
Replies: 42
Views: 3202

Re: Tires: Where to Get? Warranty? And Questions?

My entire family has been using Discount Tire forever. No issues. +1 I have always had great service from my local Discount tire. They have gone above and beyond on several occasions even fixing a problem (tire pull) from another big box club warehouse tire when they refused... +2, I have gone to D...
by 2pedals
Fri Mar 09, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Advisory
Replies: 21
Views: 2026

Re: Schwab Intelligent Advisory

I would stick with the 3 funds approach. I don't think it adds value.
by 2pedals
Thu Mar 08, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Do I, will I, ever need a bond fund?
Replies: 31
Views: 3788

Re: Do I, will I, ever need a bond fund?

I'm planning to take at 62 for a couple of reasons. First, I don't think I'll be burning through cash when I'm 81.5, I'm expecting that my needs (for the 'fun' spending, anyway) will be less. If I'm wrong and I'm chasing DW around the hotel room in Paris, it's a good way to be wrong. Secondly, as a...
by 2pedals
Wed Mar 07, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 18929

Re: What was your % pay raise?

Not nearly enough to make me want to stay beyond 2018. 2.6%
by 2pedals
Wed Mar 07, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 10458

Re: Ok fellow bogleheads, was the correction scary or nothing?

Spooky not scary. Spooky is fun and interesting, scary is not fun. Spooky for going up so steady for most of 2017 with a steep run up at the beginning of 2018 and it was like someone turned off the amplifier controls.
by 2pedals
Sun Mar 04, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Lost My Way - Advice Needed
Replies: 44
Views: 4689

Re: Lost My Way - Advice Needed

All of my holdings are individual stocks that are structured as a REIT outside of a S&P 500 fund that is roughly 5% of my portfolio. Would you mind sharing with us what you think a REIT is? I think you're justifying holding individual stocks by saying you structured a REIT. When it seems you simply...
by 2pedals
Tue Feb 27, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Tips for 401k fund selection with Fidelity
Replies: 8
Views: 742

Re: Tips for 401k fund selection with Fidelity

#1) have you considered Fidelity Freedom and placing the Vanguard money in Vanguard target with a retirement date of say 2045? No need to balance and the fees are still very reasonable for the added portfolio diversity.

#2) Have considered doing a backdoor Roth conversion?
by 2pedals
Tue Feb 20, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 4188

Re: Sequence of returns risk while accumulating

Great Post OP I have a question, is it easy to produce a plot that accumulates based on an increasing investment? For example you start with an investment of $1,000/mo. but in real life that is not practical. In real life most people when they start out they have less disposable income. Once they st...
by 2pedals
Sun Feb 18, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 11493

Re: What has been your most important skill in achieving financial independence?

Take care of your career. Learn a skill that pays well and that you enjoy. Work hard, please your bosses with exceptional performance, challenge yourself and build on your successes. Max out your 401K and save money in your taxable account as well. Most of all passion for life and love your signific...
by 2pedals
Sat Feb 17, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 17584

Re: Retirees: The common sense withdrawal method

As a person nearing retirement I find this thread very interesting thread. I have been learning a lot the past year. Lots of word of wisdom here. I believe what works for you is based on your individual circumstances, i.e. saving for end of life, legacy, pension, expenses, personal desires, SS, heal...
by 2pedals
Thu Feb 15, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 7099

Re: PSA: Bank of America now charges $12/month for checking

Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you. Okay, yes BoA needs to make money for it's shareholders. As a consumer and credit union member, I am just not seeing why I would wan...
by 2pedals
Mon Feb 12, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12259

Re: Anybody else Age - 10 in bonds, rest in stocks

Currently age bonds at 58 years old. Conservatively I do not count expected pension, only invested money.

If I added my expected pension value to my bond and stable value investments I would be age + 15 in bonds. I sleep well at night.
by 2pedals
Sat Feb 10, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8860

Re: 4% rule and early retirement?

I would read Wade Pfau book. I liked it and learned a lot. He talked about a several different approaches. Although I am not yet retired, I am leaning to a hybrid approach using 2% fixed based on value at retirement (adjusted for CPI) and 2% based on the annual value of funds.
by 2pedals
Mon Jan 29, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: TSM believers, defend thyself! (In a good natured, friendly debate.)
Replies: 59
Views: 6555

Re: TSM believers, defend thyself! (In a good natured, friendly debate.)

Example. If someone wishes to accumulate 1.0M+ over 30 years, but can realistically only save $500/month, they need a CAGR of ~10%. Is it legitimate for such a person to somewhat substantially tilt towards small cap/value? Why or why not? Legitimate yes, if you want more risk. I think not, if you d...
by 2pedals
Fri Jan 26, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4888

Re: Vanguard US Multifactor Fund

Be wary of "factor" investing. Consider The Three-Fund Portfolio. which holds nearly all stocks (including "factor" stocks) at market weight. All stocks are "factor" stocks. You may not pay attention to the stable or changing characteristics of a stock, but a lack of attention does not change the c...
by 2pedals
Thu Jan 25, 2018 10:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4366

Re: Happy Birthday, Taylor!

Happy birthday, Taylor and thank you for explaining the value of the 3 fund.
Thank you for your sacrifice in wartime service.
by 2pedals
Wed Jan 24, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 16648

Re: Dear wife quits job and now we are down to 1 income

We will be approximately -700 every month. Options: 1. DW finds a full time job 2. DW finds a part time job 3. DW stays at home with Son Any suggestions and or advice? What is the longest DW should stay at home with son? I am concerned that we will not be saving for retirement or paying down house ...
by 2pedals
Tue Jan 23, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 872

Re: Roth IRA Conversions Recommendation Please

Suggest you try out the RPM - Retirement Portfolio Model. You rmd’s from your 650k 401k will quickly grow to be a challenge, especially w.r.t. IRMAA. You have a few years to aggressively convert, in order to minimize the impact. I wish I had started my large conversions earlier. Really, spend a few...
by 2pedals
Tue Jan 23, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 872

Re: Roth IRA Conversions Recommendation Please

Welcome to Bogleheads. Your taxable account will probably generate an additional income stream of $10k. That results in a total yearly income of $65k + $40k + $10k = $115k. Standard deduction is $24000. I estimate you will be in the 22% tax bracket. If you want to do some Roth IRA conversion, I wou...