Search found 2385 matches

by Christine_NM
Mon Feb 20, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 3755

Re: Once having achieved 30X -- share your strategy?

Would anyone here do anything, strategize differently, if you had 50x income


I have 50x expenses. So my hands-off, cash-heavy plan (above) is for 50x. If I still had 30x I might be more active or more worried or both.

I don't think 50x income means anything.
by Christine_NM
Mon Feb 20, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 3755

Re: Once having achieved 30X -- share your strategy?

My retirement strategy is to do as few mutual-fund transactions as possible and take a walk every afternoon. No rebalancing, no new funds. One fund per account. I hope I can stay the course because any other way ends badly for me. The one thing I did that most do not is buy charitable gift annuities...
by Christine_NM
Sun Feb 19, 2017 12:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM
Replies: 57
Views: 2151

Re: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM

10 years already? HB, BH :D If it were not for Bogleheads and Jack Bogle, the Internet would be just a place to shop. Or who knows what other forum we would have got ourselves attached to. It goes without saying that we have the best financial advice. But I love the way people ask all kinds of quest...
by Christine_NM
Sat Feb 18, 2017 12:44 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 3587

Re: How do you handle switching your handbag?

My Dad gave me his wallet in 1988, said he didn't use it anymore so I might as well have it. It's a Liberty leather wallet and I've carried it everyday since, still better than new. I put the wallet and car info inside a $10 phone carrier with strap and that's all I need most days. If I need more sp...
by Christine_NM
Fri Feb 17, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: How to recognize self-help, pop-statistics, “Big Idea” books?
Replies: 4
Views: 344

Re: How to recognize self-help, pop-statistics, “Big Idea” books?

The more books of all kinds you read, the better you will be able to spot what category a book is in. Until you are well-read you are pretty much at the mercy of publishers and critics. The only important category is "do I want to read this, am I curious about it?".
by Christine_NM
Thu Feb 16, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella 1 million $500
Replies: 32
Views: 2215

Re: Umbrella 1 million $500

I pay $156 for $1M at State Farm. Keep shopping.
by Christine_NM
Tue Feb 14, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 9999

Re: Bogleheads not the norm?

More people may become boglehead-like with the automatic opt-in 401k plans. A friend knew she had a 401k but no idea how it was invested or how much it had grown. She got a statement and showed it to me. She was automatically invested in a Target 2025 fund from Principal Group (not Vanguard but OK w...
by Christine_NM
Tue Feb 14, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 86
Views: 8913

Re: The Wall Street Journal to close Google loophole entirely

Hey! I got the javascript to work on Firefox (Windows 7). I made a New Bookmark (click on an old one to change) as directed. I cannot get past the paywall if I am on wsj.com. But if I google the headline as we used to do, then click on the google listing, I get what looks like the same teaser page y...
by Christine_NM
Mon Feb 13, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: why invest internationally?
Replies: 72
Views: 3340

Re: why invest internationally?

I cashed out of a cash-cow house in San Diego in 2005, retired, and relocated to Washington State for a while. I didn't know what I was doing and by chance put a good portion of the profit into Fidelity Canada and Latin America. Those funds were earning over 40%, and that carried us through not qui...
by Christine_NM
Mon Feb 13, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 3872

Re: What to do with daughter's $100

i would use part of the $100 to buy her a Bogleheads Guide and open an FDIC savings account with the rest. Make her feel she paid for the book and perhaps you will achieve an "endowment effect" -- something you bought is more valuable than something given to you. Then keep talking and list...
by Christine_NM
Sat Feb 11, 2017 12:48 am
Forum: Investing - Help with Personal Investments
Topic: 69 year old getting nervous
Replies: 12
Views: 4256

Re: 69 year old getting nervous

Also, I have RMD coming up and my thinking would be to move dividends into a settlement account and draw from there. Good or bad idea? blueheaven - I pondered investing Wellesley fund distributions into a money market fund for a couple of years. I'd make the online distribution change, then get col...
by Christine_NM
Fri Feb 10, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6771

Re: Why Wouldn't You Want International Stocks?

The assumption seems to be that the US will always be the driver of the world economy. ned - My position has always been that the need for international depends on your time horizon, which is usually determined by age. And I have always found the Japan argument suspect. We can agree to disagree, no...
by Christine_NM
Wed Feb 08, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 136
Views: 17677

Re: Vanguard Select???

Another member here just PMd me saying that with my investment level, I should be Flagship Select. Indeed, I just got off the phone with Vanguard and asked about that level, and they said I qualify. I asked why I was not automatically moved, and they said it is by customer request only. It is not a...
by Christine_NM
Tue Feb 07, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6771

Re: Do You Really Need International Stocks?

^^ That Japan argument never made sense to me for two reasons: 1. I buy Japan in an intl fund to avoid what happened in Japan? OK, maybe if I feel gullible enough. But the second point makes intl strictly optional for me: 2. I buy an intl fund so as not to miss any Japan-like depression anywhere. Y...
by Christine_NM
Tue Feb 07, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: [Seth Klarman NY Times Article]
Replies: 19
Views: 1560

Re: SETH KLARMAN NY Times ARTICLE

I read the article this morning. He exaggerates the impact of indexing and etfs. He makes the common mistake of associating EMH with indexing. Says markets do not like uncertainty, but you can triangulate reality and political promises and come up with reasonable guesses about the future of many iss...
by Christine_NM
Tue Feb 07, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 7255

Re: A Wellesley alternative

I am done and I will just go with the wise,time tested choice.I apologize in advance for any underperformance in the fund going because of the hoops curse :D I know what you mean, I had the same curse but Wellesley broke it. In 2009, at the bottom, in despair, I combined my Wellington and Intermedi...
by Christine_NM
Tue Feb 07, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 7255

Re: A Wellesley alternative

hoops -

Don't understand your reason "little to no Treasuries". Wellesley portfolio is 16% Treasury/Agency. The first page of the bond holdings list shows many billions of dollars worth of UST notes and bonds.
by Christine_NM
Mon Feb 06, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6771

Re: Do You Really Need International Stocks?

^^ That Japan argument never made sense to me for two reasons: The Japan argument doesn't apply so much to the US because of globalism. If the US falls, most of the rest of the world will fall as well. On portfoliovisualizer.com, SPY has .92 correlation with VEU so there isn't fantastic diversifica...
by Christine_NM
Mon Feb 06, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6771

Re: Do You Really Need International Stocks?

^^ That Japan argument never made sense to me for two reasons: 1. I buy Japan in an intl fund to avoid what happened in Japan? OK, maybe if I feel gullible enough. But the second point makes intl strictly optional for me: 2. I buy an intl fund so as not to miss any Japan-like depression anywhere. Ye...
by Christine_NM
Mon Jan 30, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 112
Views: 18358

Re: Vanguard's Wellesley Income fund is incredible

^^ Not really trying to build further. I'm treading water for charity or a nice spot in a nursing home (yuck). Income is enough for spending. The 1.5% is mostly withholding tax from the RMD. So you've got long-term care insurance I hope? Or are you self-insuring? I have LCI that would cover about h...
by Christine_NM
Mon Jan 30, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 112
Views: 18358

Re: Vanguard's Wellesley Income fund is incredible

^^ Not really trying to build further. I'm treading water for charity or a nice spot in a nursing home (yuck). Income is enough for spending. The 1.5% is mostly withholding tax from the RMD.
by Christine_NM
Mon Jan 30, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 112
Views: 18358

Re: Vanguard's Wellesley Income fund is incredible

Will - Your returns history is impressive. The tough part was hanging on through 1999 when it was all growth all the time. Possibly Wellesley's success with low volatility is due in part to its investors who do not push a lot of speculative money into it and then yank it out the next day or year. It...
by Christine_NM
Tue Jan 24, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Best Places to Live in US?
Replies: 123
Views: 11222

Re: Best Places to Live in US?

And how about Albuquerque, NM area? Nice size town without the scorching summers in Arizona and moderate winter. Of course, lots of outdoor opportunities all around there. True. Best year-round climate of all. Lots of outdoor recreation for all ages. But unless you have contacts here already, do no...
by Christine_NM
Tue Jan 24, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Pickle - how to disengage advisory services
Replies: 19
Views: 2005

Re: Pickle - how to disengage advisory services

You mentioned TLH done by the advisor. Do you have carryover losses that would offset some of the cap gains?

I too would do this ASAP. If you can find a significant benefit in continuing to hold some high-cost funds for another year while paying cap gains on the ones you sold, I'd be surprised.
by Christine_NM
Sun Jan 22, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about Medicaid and Nursing Home Admissions/Patient Management
Replies: 16
Views: 1238

Re: Questions about Medicaid and Nursing Home Admissions/Patient Management

I do not know the answers to your questions. But I want to point out that MediCARE covers only a short period in a nursing home/rehab place. Too many believe that because Medicare is for the elderly, and the elderly need nursing homes most, an indefinite stay must be covered by Medicare. Not true. S...
by Christine_NM
Wed Jan 18, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: "The Undoing Project," by Michael Lewis
Replies: 19
Views: 4141

Re: "The Undoing Project," by Michael Lewis

I read it because I enjoyed Thinking. Fast and Slow. Of course Lewis is not as good as Kahneman at explaining biases, heuristics, and the like. But he does a good job with light bio.
by Christine_NM
Mon Jan 09, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Turned 30! Women's advice for skin care??
Replies: 60
Views: 2978

Re: Turned 30! Women's advice for skin care??

Another sunscreen tip is to apply not just to face but to the whole neck. Little precancerous lesions tend to appear much later than age 30 on the top of the forehead, nose, and the neck, where there is fullest sun exposure. This is not a big deal if you go to a dermatologist promptly when you see s...
by Christine_NM
Sat Jan 07, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Index Returns
Replies: 20
Views: 2898

Re: Vanguard International Index Returns

If you have a really long time horizon just leave your international on the table and ignore it. The dollar will weaken eventually and VTIAX will have a moment in the sun. I do not see a need to sell it. Recently I saw an interview where Mr. Bogle said you the investor should decide for yourself wha...
by Christine_NM
Fri Jan 06, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 5979

Re: I am timing the market. Why am I wrong?

I do not see any mention yet of asset allocation (OK, I see Crow Hunter just above). The market is not a swimming pool that you jump into and then climb out of. If you keep a mix of stocks, bonds, and cash reserves then you will not be so terrified of being wrong and worried about what is right. App...
by Christine_NM
Tue Jan 03, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 210589

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

For 2016 up 9.0% according to Vanguard Personal Performance

AA ex cash:

54% US stocks
46% US bonds
by Christine_NM
Sat Dec 31, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Composition of Vanguard Total International Bond Index Fund Admiral Shares Report
Replies: 5
Views: 531

Re: Composition of Vanguard Total International Bond Index Fund Admiral Shares Report

I've looked for this information but not found a specific ratio of gov/corp in International Bond. Browsing the total holdings link, which is under the Portfolio and Management tab, it looks like there is plenty of both. No doubt the exact ratio varies within some unknown range. This is yet another ...
by Christine_NM
Tue Dec 27, 2016 12:35 pm
Forum: Investing - Theory, News & General
Topic: Should individual bonds be held close to retirement?
Replies: 33
Views: 1871

Re: Should individual bonds be held close to retirement?

One issue with individual bonds is that when a bond matures and you have received all your principal and interest, you now must invest the principal in a new bond which will have a different interest rate. If you got a good deal on an individual bond in a high-rate environment you will probably not ...
by Christine_NM
Wed Dec 07, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Mom's IRA at Age 70 - Advice?
Replies: 15
Views: 1804

Re: Starting Mom's IRA at Age 70 - Advice?

1. Is there a better option than an IRA, where she would start taking minimum withdrawals next year? Not that I know of. A traditional IRA with RMDs sounds ideal given her desire (but not urgent need) for a little more income. I would keep to the RMD schedule and not withdraw more for spending, or ...
by Christine_NM
Mon Dec 05, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement with $8M in investments
Replies: 164
Views: 19375

Re: Retirement with $8M in investments

To those of you suggesting the OP move to some backwoods place... stop. Most people who live in Silicon Valley do so for a reason. I lived there. They are quite unlikely to just pick up and move to a "cheap" area as it doesn't align with their values.. Sorry the rest of the U.S. Is not ba...
by Christine_NM
Thu Dec 01, 2016 12:06 am
Forum: Investing - Help with Personal Investments
Topic: New Investor's Late to Retirement Portfolio Help
Replies: 15
Views: 1108

Re: New Investor's Late to Retirement Portfolio Help

Questions: 1. His 401k: Would a State Street Target Fund be better than the bond funds? Less E/R and good performance? I know that the Bonds help diversify and reduce volatility but the Target funds have bonds, just not sure. Any wisdom on selection of 401k funds and allocations is greatly apprecia...
by Christine_NM
Mon Nov 28, 2016 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 7543

Re: Why does the car dealer say leasing is cheaper than buying?

Interesting. I did my first car lease this month. Traded in my 15 yr old Corolla ($1000!) for a 3-yr lease on a 2017 Camry. I do not drive much so did not want to pay $25K cash up front, or even 0% loan. In 3 years, or 6 or 9, I may not even want to drive anymore. Good point. I never really conside...
by Christine_NM
Mon Nov 28, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 7543

Re: Why does the car dealer say leasing is cheaper than buying?

I still am wondering a lot things about leasing myself, not financial, but for instance what happens if I get pulled over and have no registration, just a lease agreement to show the cop. Not likely to happen, so I guess I'll never know. I don't know about New Mexico, but in pretty much all of the ...
by Christine_NM
Sun Nov 27, 2016 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 7543

Re: Why does the car dealer say leasing is cheaper than buying?

Dottie - There is no balloon payment on the lease as such, but there is a $350 fee for not renewing the lease. I think I get out of that if I get a new lease on a new car in 3 years. I still am wondering a lot things about leasing myself, not financial, but for instance what happens if I get pulled ...
by Christine_NM
Sun Nov 27, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 7543

Re: Why does the car dealer say leasing is cheaper than buying?

Interesting. I did my first car lease this month. Traded in my 15 yr old Corolla ($1000!) for a 3-yr lease on a 2017 Camry. I do not drive much so did not want to pay $25K cash up front, or even 0% loan. In 3 years, or 6 or 9, I may not even want to drive anymore. My car is certainly not a big part ...
by Christine_NM
Thu Nov 24, 2016 8:57 pm
Forum: Investing - Theory, News & General
Topic: What is the unknowability of the market?
Replies: 30
Views: 2037

Re: What is the unknowability of the market?

I took up nisi's challenge to find an equivalent chart for bonds like 2008. The bond market massacre of 1994 immediately occurred to me, but it turns out that the chart is not what is important. When rates (yields) rise bond prices fall as we all know. That is not important if stocks hold up. In 199...
by Christine_NM
Tue Nov 22, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: I just fired my son - trying to teach about hard work and money
Replies: 37
Views: 4143

Re: I just fired my son - trying to teach about hard work and money

I don't think you fired him. He quit the only way he knew how, by misbehaving. Give him other ways to make money.
by Christine_NM
Tue Nov 15, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Liver
Replies: 43
Views: 5011

Re: Liver

I like to think that if the liver is from a very young animal, such as calves' liver, it probably is OK for contaminants. I won't eat beef liver, the taste is too strong. Calves' liver (rare) and onions is delish.
by Christine_NM
Sat Nov 12, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?
Replies: 70
Views: 7708

Re: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?

I would recommend that your aunt give you a one time or annual gift rather than you becoming her debtor. When someone makes an offer like this (details not decided yet, but it's a loan), you really can't say no but I'll take a gift with no strings. At least I would not. Disability or no, you have t...
by Christine_NM
Sat Nov 12, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?
Replies: 70
Views: 7708

Re: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?

Thanks but no thanks. If she's so wealthy, she could offer to pay for you. "Lending with no interest" sounds like you'll be on call for a lot of "favors" as long as you are paying her back. I see it the opposite way. Giving with no repayment might result in favors expected. A lo...
by Christine_NM
Tue Oct 25, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: A better measure of retirement security
Replies: 13
Views: 3122

Re: A better measure of retirement security

The average retiree begins with much less than a million. Those who do have a million (or three!) could spend quite a bit early on and still remain above average. You are giving the conventional wisdom that I object to. I am disagreeing after living out those first 10 retirement years. "Remain...
by Christine_NM
Mon Oct 24, 2016 2:10 pm
Forum: Investing - Theory, News & General
Topic: A better measure of retirement security
Replies: 13
Views: 3122

Re: A better measure of retirement security

An important takeaway of the best measure of retirement security ... but rather long-term real bonds that are duration matched to your targeted stream of retirement income. BobK With LMP I'd say the real risk is failure to recognize the large size of future need. This can be due to longevity, infla...
by Christine_NM
Sun Oct 23, 2016 3:19 pm
Forum: Investing - Theory, News & General
Topic: Who disagrees with Jack. . .
Replies: 73
Views: 5919

Re: Who disagrees with Jack. . .

APB wrote:Just international equity exposure. I believe in weighting globally over a US only portfolio.


Gives new meaning to the expression, "Go big or go home". I think I believe in either global or all-US, not sure.
by Christine_NM
Sun Oct 23, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: Who disagrees with Jack. . .
Replies: 73
Views: 5919

Re: Who disagrees with Jack. . .

I am still going with Mr. Bogle's first book, Bogle on Mutual Funds (1994). See page 240 in 1994 edition for suggested portfolios, from complex (8 fund) to ultra simple (1 fund). The idea that I worked all this out for myself and find that I agree with the book is, how shall I say, ludicrous and abs...
by Christine_NM
Thu Oct 20, 2016 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: When have you given enough?
Replies: 65
Views: 5455

Re: When have you given enough?

Everyone will be different on this. There's no right or wrong answer. I do not see what my giving could possibly have to do with your taking a cruise or giving more to kids. I will say that my Mom just waited till she was a widow and then started gifting me cash. So don't worry, the kids will eventu...

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