Search found 929 matches

by Clever_Username
Sat Apr 21, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 41
Views: 1998

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

I still haven't quite justified them to myself either. I'm actually fairly undiversified in bonds, but that's a function of the conservative allocation in my portfolio being a third CA munis and half treasury savings bonds. Still, even if my 30% bonds were to be all Total Bond, I'm still not sure I'...
by Clever_Username
Sat Apr 21, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 83
Views: 5135

Re: NYT article: Everyone should hire a financial planner

Certainly not everyone needs a financial planner. I have been investing for over 40 years without using a financial advisor. I did get one free review of my portfolio from Vanguard and I partially followed their advice. Is this the Voyager Select (and above) included financial advisor or something ...
by Clever_Username
Sat Apr 21, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 157
Views: 9593

Re: Is Los Angeles a good place long term to live financially?

rec7 wrote:
Fri Apr 20, 2018 8:17 pm
I was looking around LA real estate shocking to see what 300k buys wow.
$300k buys something in the L.A. real estate market?
by Clever_Username
Fri Apr 20, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 83
Views: 5135

Re: NYT article: Everyone should hire a financial planner

"Even experienced financial advisers don’t always handle their own cases. “I find that it is harder to manage my own affairs than those of my clients,” admitted Barry Korb of Lighthouse Financial Planning in Potomac, Md. “If I was a doctor, I hope I would know enough not to treat myself. If I was a...
by Clever_Username
Fri Apr 20, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 83
Views: 5135

Re: NYT article: Everyone should hire a financial planner

If I'm reading the article correctly, it's saying that financial planners are saying everyone should hire a financial planner. Is this an article or a paid advertisement masquerading as a news article?
by Clever_Username
Fri Apr 20, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 39
Views: 4469

Re: Anyone invest in I Bonds and why?

Absolutely, maximum every year, plan to do so for the foreseeable future. I waffle about when but I always do.
by Clever_Username
Fri Apr 20, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10979

Re: Can I retire at age 40?

I retired at 42. "Sit at home" does not describe my lifestyle at all. Out of curiosity, do you have children? I've noticed a lot (most?) of the very early retirees have children that largely occupy their time. Other than extensive travel, I'm wondering what childfree retirees do. I'm childless and ...
by Clever_Username
Thu Apr 19, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Pay the Taxman or the Financial Adviser/Fund Manager?
Replies: 5
Views: 469

Re: Pay the Taxman or the Financial Adviser/Fund Manager?

Bad 401(k)s become great IRAs when you roll them over. How long do you plan to be with these employers?

If you'll be there long-term, you may want to consider campaigning for a better 401(k): https://www.bogleheads.org/wiki/How_to_ ... 01(k)_plan
by Clever_Username
Thu Apr 19, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 157
Views: 9593

Re: Is Los Angeles a good place long term to live financially?

I'll put it this way, people still don't-marry for money -- that is, money or status is a filter for some. That may not be the same thing, but in effect it is. Here's a recent Bloomberg article on elite dating apps: Elite Dating Apps Threaten to Make America’s Wealth Gap Worse I'll avoid making thi...
by Clever_Username
Thu Apr 19, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10271

Re: Quitting job - what to do if getting walked to the door

I didn't see this said, but if you have a company account on a personal phone, get any things you want saved from your phone backed up (such as to Google Photos or the Apple version of the same). Some of the accounts you set up, even on a personal phone, allow the employer to remotely wipe your phon...
by Clever_Username
Thu Apr 19, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: "5 Common Misconceptions About Index Funds"
Replies: 4
Views: 1684

Re: "5 Common Misconceptions About Index Funds"

But a handful of the firms riding that indexing wave actually turn Bogle’s dream upside down: With fees that can run over $2.00 per $100 invested, they are more expensive even than most actively managed funds, and are among the worst deals widely available to fund investors, according to an analysi...
by Clever_Username
Thu Apr 19, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Goof? Prime MM, "retail," "Admiral," $5 million minimum?
Replies: 20
Views: 2561

Re: Goof? Prime MM, "retail," "Admiral," $5 million minimum?

nordsteve wrote:
Thu Apr 19, 2018 9:41 am
Even if I took the coin jar to the bank I couldn't meet the $100,000,000 minimum investment. Employees likely collectively do, as there's north of $15 billion in the 401(k).
Have you checked the couch cushions?
by Clever_Username
Wed Apr 18, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account
Replies: 5
Views: 930

Re: Taxable account

It looks like Gabelli Equity Trust is a mutual fund with active management and an expense ratio of 1.42%.

I wouldn't hold it anywhere, taxable or otherwise.
by Clever_Username
Wed Apr 18, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 157
Views: 9593

Re: Is Los Angeles a good place long term to live financially?

Financially? If you make good income, sure. I make good income, have a nice house (probably not what you are imagining in step 4), and my commute isn't terrible. I'm still leaving Los Angeles either when I retire (to Phoenix AZ), or if a great opportunity in a city I'd prefer to live in presents its...
by Clever_Username
Wed Apr 18, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: What can I do with cash in my emergency account
Replies: 10
Views: 1111

Re: What can I do with cash in my emergency account

I have an emergency account with one year of living expenses in cash at Vanguard. Is there any place I can put it so that it atleast earns enough interest to keep up with inflation and yet be reasonably liquid. Thanks in advance for your help. Can you spare a bit of it for Series I Bonds? Get those...
by Clever_Username
Mon Apr 16, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 113
Views: 9757

Re: Regular 4% withdrawals can be ridiculous.

Would you put the excess RMD in a after tax account, or, try to roll it over into a Roth? As I understand it, no part of the RMD can be put into a Roth IRA. After you have satisfied your RMD, you can roll over ("convert") additional amounts into a Roth, and pay taxes on it of course. I think I read...
by Clever_Username
Mon Apr 16, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10979

Re: Can I retire at age 40?

Love the folks who claim it's impossible to support a family of 5 on a $2.8 Mil best egg. Literally nobody has said that. People have stated that the portfolio wouldn't support a $120k annual withdrawal figure. The OP can certainly support a family of 5 if they reduce their withdrawal rate. Right, ...
by Clever_Username
Sun Apr 15, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 3110

Re: Dealing with poorly assigned hotel rooms?

My general rule about noise in hotel room is that the first call goes to the front desk. The second call goes to the police on a non-emergency call. I do not understand why they could not move you to another room if need be. I agree completely on the two calls rules. For the second item, I'd call m...
by Clever_Username
Sat Apr 14, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Summary of Emergency Fund Options
Replies: 16
Views: 1679

Re: Summary of Emergency Fund Options

As pointed out, there's no need to designate it separately once you're past a certain point. In my case, I have I-Bonds (soon to be more than nine months' worth), taxable bond funds (more than six months' worth), Roth IRA contributions (more than five months' worth)... and for some reason I'm still ...
by Clever_Username
Sat Apr 14, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 113
Views: 9757

Re: Trinity Study updated to 2018

I really like this explanation:
longinvest wrote:
Sat Apr 14, 2018 8:44 am
As a planning tool, it's important to use it correctly. The well-known 4% SWR rule of thumb tells me that it's reasonable to retire with a portfolio representing 25 times my desired pre-tax annual portfolio withdrawals when retiring at age 65.
by Clever_Username
Fri Apr 13, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 62
Views: 8132

Re: Why am I even holding BND? It has only been losing me money.

White Coat Investor wrote:
Fri Apr 13, 2018 11:26 am
Seriously, this thread is a good demonstration of why Investing 101 is so important. I wrote a post about Investing 101 recently that would be worth reading for the OP.
This one? https://www.whitecoatinvestor.com/investing-101/

It's on my to-read list (I'm not OP though).
by Clever_Username
Fri Apr 13, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Buy I-Bonds before May 1 or After?
Replies: 16
Views: 1755

Re: Buy I-Bonds before May 1 or After?

Buy it now and lock in the 2.48%, why wait until May and get the measly 2.2% ? :happy What if they raise the fixed rate? I'm still trying to figure this out. Is 2.2% the projected composite interest rate for an I-Bond with a .1% fixed rate for those six months? If so, waiting is betting that they r...
by Clever_Username
Thu Apr 12, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard dominating first quarter
Replies: 16
Views: 2511

Re: Vanguard dominating first quarter

lol not news for those of us at vanguard. I have some stuff T.Rowe and at Fidelity that has to be there because our employers 401Ks are there. I feel like I am getting ripped off every time I look at their fees and costs compared to what we get at Vanguard. Why has it taken this long for everyone e...
by Clever_Username
Thu Apr 12, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Buy I-Bonds before May 1 or After?
Replies: 16
Views: 1755

Re: Buy I-Bonds before May 1 or After?

It's being discussed here: viewtopic.php?p=3877199 and here: viewtopic.php?f=1&t=246295

There doesn't seem to be a consensus. I'm probably going 50/50 April and May.
by Clever_Username
Wed Apr 11, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Re: Series I Bonds in April/May 2018

You can always buy $5k now and another $5k in May. At least you'd be half-right. I have been debating doing this as I have been agonizing the decision quite a bit and don't quite know how to interpret today's numbers for a prediction of the May rates. Is this a course of action you'd suggest to me ...
by Clever_Username
Wed Apr 11, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4356

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

I am now in a position to start accumulating a good chunk of my monthly income and put it away. Do those of you who buy I bonds feel comfortable with the safety of the Treasury Direct website? Given that they do not provide monthly statements etc. I don't have a problem with the Treasury Direct web...
by Clever_Username
Wed Apr 11, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4356

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

I'm going to maximize, and I'm going to maximize in either April or May, unless there is any reason I should wait for November? I suppose I could buy a 6-month treasury (bill? note? I forget the difference) with these funds and wait for November.
by Clever_Username
Mon Apr 09, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3446

Re: How often do you replace your office shoes?

About a year and a half ago, I started keeping my office shoes in my office. I get there in the morning in sneakers and walk out in sneakers. So... I don't know. It used to be two years or so, but I think these will last longer.
by Clever_Username
Mon Apr 09, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: No will. What happens to my accounts if I die?
Replies: 34
Views: 2739

Re: No will. What happens to my accounts if I die?

This thread has really gotten me thinking. I also don't have a will, mid-30s, estimate networth at about $500k if we include approximate house value and approximate mortgage owed money. My Vanguard account (including IRAs and 403(b) and not-tax-advantaged accounts) is more than half that networth, b...
by Clever_Username
Sun Apr 08, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need a municipal bond fund anymore?
Replies: 7
Views: 707

Re: Do I need a municipal bond fund anymore?

2. Any Bogleheads out there holding a municipal bond fund in a taxable account even with good fixed income options in your tax advantaged accounts? Yes. After buying a house it became time to invest the leftover cash and begin putting surplus money into non-tax-advantaged-account investments. A maj...
by Clever_Username
Sun Apr 08, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 68
Views: 4015

Re: If you want an actively managed fund, which one would you use?

Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) is part of my portfolio. I believe it is actively managed. The reason I got it wasn't due to its actively managed nature though. It won't be too long before I hit Admiral shares and the expense drops by more than half. :-)
by Clever_Username
Sun Apr 08, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11316

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

This is what I did , and why. A couple of years later I answered some questions about it . For the record, I think an age-based asset allocation will be far more practical for most investors. PJW I really like your plan. I read it yesterday and sought it out this morning to read again. I have been ...
by Clever_Username
Sat Apr 07, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: How small can I make my emergency fund?
Replies: 8
Views: 816

Re: How small can I make my emergency fund?

It isn't so much an emergency fund that's important as an emergency plan. What would you do if the above mentioned trifecta happened? What if just a subset? I have three months' expenses in cash (between checking, savings, and MM at Vanguard). That's probably too much. I will probably reduce it to t...
by Clever_Username
Sat Apr 07, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: Finance only laptop? Can I use an old one?
Replies: 25
Views: 1637

Re: Finance only laptop? Can I use an old one?

Oh, and I am not a techie, so Linux is really not an option for me, though it sounds very good... Before you get your mind locked in stone on that, why not try it? Download and burn a copy of Linux Mint to a DVD (32-bit or 64-bit, depending on your machine, although 32-bit should run on either), bo...
by Clever_Username
Sat Apr 07, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Money Market Funds
Replies: 13
Views: 2145

Re: Money Market Funds

Approximately half my cash holdings (maybe a month and a half's expenses) are at Vanguard in the money market fund. The other half is at the bank so I can pay bills as they show up. The half at Vanguard I kind of think as part of my conservative investment portion of the portfolio, but they're an in...
by Clever_Username
Sat Apr 07, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11316

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

Folks, 1. Without quantifying your need/ability/willing to take risk and/or goals, what is your AA (Stock:Bond), given your age? and why? Age: mid 30s. AA: 70% stock, 30% bonds. It's been this for a while. I used to think I'd stick with age and bonds and I just sort of didn't. I think I'm okay with...
by Clever_Username
Sat Apr 07, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Finance only laptop? Can I use an old one?
Replies: 25
Views: 1637

Re: Finance only laptop? Can I use an old one?

I have often debated creating a virtual machine (I already have VirtualBox installed for work-related purposes) and only accessing online banking and Vanguard through it. I have never gotten around to it and I'm not convinced it's something I need to do, but that would be preferable to an old machin...
by Clever_Username
Sat Apr 07, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Re: Series I Bonds in April/May 2018

I Bond Investors: Here's Your Buying Guide For 2018 Wait at least until the March inflation number is announced on April 11. You then enter a three-week 'limbo period' when you can decide to buy before or after the May 1 rate reset. Don't bother buying I Bonds as a short-term investment. You can do...
by Clever_Username
Sat Apr 07, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Re: Series I Bonds in April/May 2018

If you use ibond as an extension of tax-deferred space, as I do, then you should get the money in sooner rather than later. Whatever the next rate may be, your money will get it for 6 months. I seem to remember reading that the current ibond yield is equivalent to 2.58% tax deferred, which is very ...
by Clever_Username
Fri Apr 06, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Some Colleges Bail from TIAA, Objecting to Increase in Fund Fees
Replies: 3
Views: 810

Re: Some Colleges Bail from TIAA, Objecting to Increase in Fund Fees

One more reason I need to eventually track down who in HR not only kept my school's 403(b) with Vanguard but got us to move from investor-class to institutional-class shares a year or two ago. I need to track that person down to say "thank you," of course.
by Clever_Username
Fri Apr 06, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Re: Series I Bonds in April/May 2018

I would wait. Inflation has been ticking up. I doubt it will be lower than the current 0.1%. I would wait as well. Daft Investor makes a valid point above but by the same argument it costs you virtually nothing to wait and see. You have all year to buy it. As I understand it, buying at the very end...
by Clever_Username
Fri Apr 06, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6579

Re: Asking for a raise/promotion with another offer in hand

Elsebet wrote:
Fri Apr 06, 2018 1:17 pm
denovo wrote:
Fri Apr 06, 2018 1:12 pm
So how are you going to celebrate your raise?
In typical Boglehead fashion with a quiet dinner at home and calculating how to use the extra funds to pay off our truck even earlier than planned. :)
Sounds like a great evening!
by Clever_Username
Fri Apr 06, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Re: Series I Bonds in April/May 2018

Current rate expectations are already factored into current yields. If everyone thinks rates are headed up then current rates already reflect that. Unless you know something that the bond market does not know, I would just buy ASAP and start earning interest. Also, you start chipping away at the 5 ...
by Clever_Username
Fri Apr 06, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 36
Views: 3535

Series I Bonds in April/May 2018

I cannot help but feel this is going to be a market timing temptation on my part, but I want to ask because I cannot convince myself that either solution is right. I have yet to purchase my Series I Bonds for 2018. I will be purchasing $10,000 worth for the year, as I do every year. These are buy an...
by Clever_Username
Thu Apr 05, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6579

Re: Asking for a raise/promotion with another offer in hand

I have a question: could one's retention offer include severance of some sort? Some sort of guarantee that they won't be released within 1-2 years, provided they agree to stay at least as long? I imagine guaranteed contracts aren't common in industry, so I don't know if this is even possible.
by Clever_Username
Mon Apr 02, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 3529

Re: Why does it seem there are so many bad/poor 401K plans?

Frontline has done a phenomenal documentary on this very issue called “The Retirement Gamble”. The gist of it being that fund management companies bid for position to be in 401K plans, and there are also kick backs and commissions that really bilk the modern investor. Great documentary. I watched i...
by Clever_Username
Mon Apr 02, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 10648

Re: “We’re not making enough money off you”

Periodically, I hear about internet movements to get people to close their BofA accounts to protest the latest low-funds fee (monthly fee for checking if under a certain amount, etc). I sometimes wonder if these movements are started by BofA to get customers they lose money on out the door.
by Clever_Username
Sun Apr 01, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - planning for worst, hoping for better
Replies: 37
Views: 2136

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

I've played with Firecalc and such tools plugging in different withdrawal amounts and seeing the "odds" of success . The 4% studies are more of academic interest than really being all that useful since people expenses are not constant in retirement. You also need to consider the definition of "fail...