Search found 1886 matches

by Bustoff
Mon Mar 07, 2016 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Cost of health and cost of living (retirement)
Replies: 19
Views: 1763

Re: Cost of health and cost of living (retirement)

Mrxyz wrote:So before the age of Medicare (65 yrs) - I am on my own.

Darrow Kirkpatrick recently posted an article on his website addressing some of this.

Retirement Health Care: What Are Your Options?
by Bustoff
Sat Feb 27, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house at age 75?
Replies: 59
Views: 4057

Re: Buy a house at age 75?

What would be the best way to determine if one has enough savings to pay cash for a new home? Do you simply deduct the cost of the new home from total portfolio and then run the reduced portfolio balance through Variable Percentage Withdrawal? Hopefully by the time you're in your 70s or retired you...
by Bustoff
Sat Feb 27, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house at age 75?
Replies: 59
Views: 4057

Re: Buy a house at age 75?

What would be the best way to determine if one has enough savings to pay cash for a new home?
Do you simply deduct the cost of the new home from total portfolio and then run the reduced portfolio balance through Variable Percentage Withdrawal?
by Bustoff
Fri Feb 26, 2016 1:08 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315932

Re: What Movie Have You Recently Watched?

Meru is a must see documentary for anyone interested in climbing. Watched it this week. Simply amazing!

merufilm.com


is the url tool not working?
by Bustoff
Tue Feb 23, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: where to get 3% real with the least amount of risk?
Replies: 56
Views: 6224

Re: where to get 3% real with the least amount of risk?

cherijoh wrote:
Bustoff wrote:What, no love for the 3% CD?

OP was asking about 3% REAL not 3% nominal return.

Oops ... better drink my coffee before posting.
by Bustoff
Tue Feb 23, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: where to get 3% real with the least amount of risk?
Replies: 56
Views: 6224

Re: where to get 3% real with the least amount of risk?

I'd be thrilled with 3% real returns for the next 10 years. what investment(s) do you think have the best chance of returning 3% real with the least amount of risk? What, no love for the 3% CD? There may not be any currently, but they do seem to pop up occasionally and without much fanfare (except ...
by Bustoff
Thu Feb 18, 2016 10:54 am
Forum: Investing - Theory, News & General
Topic: Low Returns Ahead for Stocks Argument
Replies: 19
Views: 2752

Re: Low Returns Ahead for Stocks Argument

I keep reading the somewhat agreed upon notion that stocks have very low return ahead (even vanguard has come out and said things like this). If this is true, and the future holds these sub 4% returns for equities, then what is purpose of taking on the amount of risks that you find in equities for ...
by Bustoff
Sun Feb 14, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: S&P500 has basically gone nowhere for 15 years
Replies: 59
Views: 6795

Re: S&P500 has basically gone nowhere for 15 years

Total Bond beats Total Stock?
This can't be right.

Image
by Bustoff
Sun Feb 14, 2016 11:19 am
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 75
Views: 8328

Re: New SUV, $50G, Pilot/Highlander/Other

With $50,000 you can buy FOUR of these:

Nissan Versa
MSRP: From $11,990
MPG: Up to 31 city / 40 highway
by Bustoff
Sat Feb 13, 2016 9:15 am
Forum: Investing - Theory, News & General
Topic: [NY Times article: 100% Stock Allocation in Retirement]
Replies: 102
Views: 8670

Re: Best Stock Allocation in Retirement? ► All of It! ◄

I wonder what other Bogleheads think about the author's opinion. The author has now published his companion article. I think his advice in this latest installment is not good. Indeed — except for known, near-term financial obligations like a large tax bill that you might owe on April 15 or a down p...
by Bustoff
Sat Feb 13, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: [NY Times article: 100% Stock Allocation in Retirement]
Replies: 102
Views: 8670

Re: Stock Allocation in Retirement

My asset allocation is based mostly on what I need from the portfolio. http://i67.tinypic.com/2m3jm2v.jpg Moving from left to right, the stock allocation relative to bonds increases in 10% increments. The length of the bars indicates the range of annual returns for each allocation; the longer the ba...
by Bustoff
Sat Feb 13, 2016 8:09 am
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 10137

Re: What is your decline in Net Worth as of today?

Sorry, I'm not a math guy.
All I know is that my pile is now bigger than it was before I retired -- which was 5 years ago.
by Bustoff
Fri Feb 12, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: Rebalancing bands, what is your CURRENT out-of-balance drift?
Replies: 47
Views: 2852

Re: Rebalancing bands, what is your CURRENT out-of-balance drift?

I try to maintain a rebalancing strategy consistent with Vanguards guidelines.

http://www.vanguard.com/pdf/ISGPORE.pdf
by Bustoff
Fri Feb 12, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Key West and everglades trip
Replies: 40
Views: 3002

Re: Key West and everglades trip

Try to get to Everglade City and have stone crab for lunch at Triad Seafood . Also, while you're in Everglade City stop by the The Everglades Rod and Gun Club . Presidents Roosevelt, Truman, Hoover, Eisenhower, Nixon and Bush, Sr. visited there. So did great personalities, everyone from Ernest Hemin...
by Bustoff
Fri Feb 12, 2016 10:32 am
Forum: Investing - Theory, News & General
Topic: World stocks officially reach bear market territory
Replies: 27
Views: 3944

Re: World stocks officially reach bear market territory

... I have been doing the same investment strategy for 23 years... As of 12/31/2015, Vanguard Total World Stock has 52.9% allocated to United States stocks. Just curious how much the U.S. allocation has drifted over the years. Bustoff, the data and sources I have used over the years have changed. I...
by Bustoff
Fri Feb 12, 2016 10:29 am
Forum: Investing - Theory, News & General
Topic: World stocks officially reach bear market territory
Replies: 27
Views: 3944

Re: World stocks officially reach bear market territory

inbox788 wrote:
Dirghatamas wrote:Actionable: Nothing.

From a BH perspective, is anything the market does truly actionable?

Yes! Of course it's actionable. There's plenty of money to be made in volatile markets. Why should Wall Street be the exclusive beneficiaries of all the volatility.
by Bustoff
Thu Feb 11, 2016 9:48 am
Forum: Investing - Theory, News & General
Topic: Today's Market Open supposed be Brutal...........
Replies: 44
Views: 4086

Re: Today's Market Open supposed be Brutal...........

Yep ...I'm lovin my asset allocation because it is based on my risk tolerance which is based on my need, willingness and ability to take risk.
by Bustoff
Thu Feb 11, 2016 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Personal Advisor Service
Replies: 29
Views: 3727

Re: Opinion on Vanguard Personal Advisor Service

Our main dilemma is coming up with a solid portfolio allocation strategy. Most importantly, I am not experienced with re-balancing of a portfolio and tax-loss harvesting. Rifampin, I have never used the fee based advisory service. Over the years however, I took advantage of Vanguard's advisory serv...
by Bustoff
Thu Feb 11, 2016 6:01 am
Forum: Investing - Theory, News & General
Topic: World stocks officially reach bear market territory
Replies: 27
Views: 3944

Re: World stocks officially reach bear market territory

Dirghatamas wrote:... I have been doing the same investment strategy for 23 years...


As of 12/31/2015, Vanguard Total World Stock has 52.9% allocated to United States stocks. Just curious how much the U.S. allocation has drifted over the years.
by Bustoff
Wed Feb 10, 2016 5:35 pm
Forum: Personal Consumer Issues
Topic: Internet becoming "Small"
Replies: 23
Views: 2593

Re: Internet becoming "Small"

I saw a PBS documentary a while back that referenced Tor. I recall the show remarking that Tor was the Wild West of the Internet.
by Bustoff
Wed Feb 10, 2016 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Personal Advisor Service
Replies: 29
Views: 3727

Re: Opinion on Vanguard Personal Advisor Service

Maybe for a clueless widow or widower of a recently deceased spouse. Or perhaps retired folks with recent onset of cognitive impairment.
by Bustoff
Wed Feb 10, 2016 11:10 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 13926

Re: Do you pay for exercise?

"Mall walking" has become a new winter activity for me and I hate it. I have been a runner for decades but both my lower back and PCP are conspiring to bring the running to a halt. The doc claims 3 miles of walking is the perfect amount of exercise. Yeah right!
by Bustoff
Wed Feb 10, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: The Retirement Problem: What Will You Do With All That Time?
Replies: 67
Views: 6505

Re: The Retirement Problem: What Will You Do With All That Time?

Wish I had Victoria's retirement life but I am a terrible planner.
by Bustoff
Wed Feb 10, 2016 10:41 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315932

Re: What Movie Have You Recently Watched?

Rented The Martian from Redbox. Very entertaining. I liked it much more than Gravity
by Bustoff
Wed Feb 10, 2016 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Vacation Homes
Replies: 78
Views: 9525

Re: Vacation Homes

I think that unless you are very wealthy, a vacation home is bad idea. Vacation homes involve a lot of extra expense and a lot of extra trouble. It is much easier and cheaper to just rent a house when you go on vacation than to own a vacation home. In most cases, when you sell the vacation home, th...
by Bustoff
Tue Feb 09, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 5252

Re: 401(k) getting killed

by Bustoff
Tue Feb 09, 2016 12:21 pm
Forum: Investing - Theory, News & General
Topic: Why has Oil become such a dominant market influencer?
Replies: 66
Views: 4597

Re: Why has Oil become such a dominant market influencer?

Can anyone explain why the price of a barrel of oil has recently become such an overriding, dominating influencer of the direction of the major stock markets? While it is certainly the dominant commodity world-wide (vs. gold, copper, aluminum, etc.), why does it's daily price now far overshadow the...
by Bustoff
Fri Feb 05, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3299

Re: Uber driving for extra income in retirement.

OK I lied ... money is really not the only objective. I miss the level of social interaction that employment provided.
Also one of my biggest fears in retirement is turning into a couch potato.
by Bustoff
Fri Feb 05, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 4140

Re: Take the Verb Tense Pledge!

“What had happened was”

-- a 'Jeopardy' category in a recent SNL sketch.
by Bustoff
Fri Feb 05, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: When should you purchase a SPIA?
Replies: 3
Views: 302

Re: When should you purchase a SPIA?

If you need $40K from your investments plus inflation adjustments, the rough planning number of 4% would say that you need $1 Million. However at your age you could probably be OK with less, maybe $750K... And Vanguard examined the assumptions of the 4% spending rule of thumb in the current yield e...
by Bustoff
Fri Feb 05, 2016 9:08 am
Forum: Personal Consumer Issues
Topic: Where to Stay in San Francisco?
Replies: 37
Views: 2713

Re: Where to Stay in San Francisco?

The last time we VRBOd it, we ended up next to the muni line in the Castro and it was very loud. Interestingly, we just paid less per night than we did for the VRBO for a basic interior courtyard room at the Fairmont on Nob Hill. All the old hotel charm, smaller room, no view, but quiet and central...
by Bustoff
Fri Feb 05, 2016 8:18 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315932

Re: What Movie Have You Recently Watched?

Finished Madoff last night. I thought the second half was much better. In one remarkable scene, the movie recounts how Madoff thought it was "game over" during a 2006 investigation when the SEC insisted Madoff provide them with his DTC account number... which he did.
by Bustoff
Thu Feb 04, 2016 6:57 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315932

Re: What Movie Have You Recently Watched?

Watched the first episode of the Bernie Madoff mini-series last night. Not great.

The People vs OJ Simpson was kind of cheesy.
by Bustoff
Thu Feb 04, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3299

Re: Uber driving for extra income in retirement.

Not to mention the extra work of having a drunk throw up on the seat. Or a mother who brings along a baby with a leaky diaper. Even If you a post a prominent "No Smoking" sign, are you prepared to deal with the numerous axholes who will defy you and light a cigarette anyway? Gotta be easi...
by Bustoff
Thu Feb 04, 2016 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3299

Re: Uber driving for extra income in retirement.

Make sure your auto insurance won't deny coverage in the event of an accident. My insurance company advised there is no coverage in effect when using my vehicle as an Uber driver. However, Uber holds a commercial insurance policy with $1 million of coverage per incident. Drivers’ liability to third...
by Bustoff
Thu Feb 04, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3299

Re: Uber driving for extra income in retirement.

Eric and joebh - thank you for the info and links!
by Bustoff
Thu Feb 04, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3299

Uber driving for extra income in retirement.

I'm retired and thinking about becoming an Uber driver in my spare time. On the other hand, I don't want to get beat up for a few extra bucks.
Would be interested in hearing from anyone who has tried this.
by Bustoff
Thu Feb 04, 2016 11:39 am
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 45
Views: 10335

Re: Make your retirement money last

Since we retired 5 years ago and began withdrawals our portfolio has increased by 8%.
by Bustoff
Thu Feb 04, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: "Maybe You Should Sell Some Stocks"
Replies: 6
Views: 1427

Re: "Maybe You Should Sell Some Stocks"

Thank you Taylor. Maybe I'm becoming more skeptical with age, but investing in equities is seeming more like an exercise in blind faith. I'm not referring to any particular investment strategies or how to define risk, but rather the overall health of the stock market. How do we gauge the general hea...
by Bustoff
Thu Feb 04, 2016 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Suggested AA for Retirees
Replies: 11
Views: 917

Re: Suggested AA for Retirees

You probably already know this, but your withdrawal rate has more impact than asset allocation.
http://retirementresearcher.com/rise-not-rise-stock-allocation-retirement/
by Bustoff
Thu Feb 04, 2016 10:26 am
Forum: Personal Consumer Issues
Topic: The Coming Boglehead Zombie Apocalypse (LED bulbs)
Replies: 94
Views: 7582

Re: The Coming Boglehead Zombie Apocalypse (LED bulbs)

tadamsmar wrote:Being a Boglehead, I bought the cheapest LED light bulbs ... I now look like the walking dead.

I gotta have some of those...where did you get them?
by Bustoff
Wed Feb 03, 2016 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why didn't bond funds go down?
Replies: 27
Views: 3597

Re: Why didn't bond funds go down?

Some rates are going negative. (eg. BOJ, Germany)
Rates can't go negative unless someone is willing to buy them.
Other than someone betting rates will fall even farther, who would buy negative yield bonds?
by Bustoff
Wed Feb 03, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: My portfolio
Replies: 9
Views: 614

Re: My portfolio

Hard to find any drawbacks to a 40/60 portfolio complimented with pensions and SS.
by Bustoff
Wed Feb 03, 2016 9:45 am
Forum: Personal Consumer Issues
Topic: patio enclosure - advise
Replies: 16
Views: 1659

Re: patio enclosure - advise

If you are making a down payment make sure it is no more than 10% of the contract price or $1,000, whichever is less. http://www.cslb.ca.gov/Consumers/Hire_A_Contractor/Home_Improvement_Contracts/ The Contractors State License Board (CSLB) is alerting California consumers who are considering hiring ...
by Bustoff
Wed Feb 03, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: How to stop MS loading Windows 10?
Replies: 36
Views: 3492

Re: How to stop MS loading Windows 10?

CountryBoy wrote:I thought automatic updates provided me with antivirus info for my machine, among other things.

You can check for updates and choose whether to download and install them.
by Bustoff
Wed Feb 03, 2016 9:23 am
Forum: Personal Consumer Issues
Topic: Recent Vanguard Trouble
Replies: 66
Views: 10872

Re: Recent Vanguard Trouble

In my opinion mistakes are becoming more frequent everywhere. I get conflicting answers and bad information all the time. Whether it's cable companies or health insurance or retailers, I get different answers to the exact same question. You really need to make multiple calls in order to get correct ...
by Bustoff
Wed Feb 03, 2016 9:07 am
Forum: Personal Consumer Issues
Topic: How to stop MS loading Windows 10?
Replies: 36
Views: 3492

Re: How to stop MS loading Windows 10?

My understanding is that they are now forcing it on people. Just turn off Automatic Updates. There is still the ability to opt out of the installation even if the Windows 10 upgrade is accidentally completed because there is a 31 day grace period in which to revert to Windows 7 or 8.1. I upgraded t...
by Bustoff
Wed Feb 03, 2016 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What growth rate would you use?
Replies: 75
Views: 3991

Re: What growth rate would you use?

I would be cautious using anything higher than 2%.
by Bustoff
Wed Feb 03, 2016 7:50 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315932

Re: What Movie Have You Recently Watched?

Making a Murderer on Netflix.
Decided to check it out when I saw that IMDB gave it a rating of 9.1 out of 10.

Go to advanced search