Search found 153 matches

by CnC
Wed Oct 18, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2094

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

Come on guys it's common knowledge. The stock market is going to go up. It will continue to go up almost daily, until it doesn't. The chances that tomorrow will be the day are exceedingly low. That's the problem, stocks have momentum they will come continue doing what ever they are doing untill they...
by CnC
Wed Oct 18, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2482

Re: seeking advice on asset allocation, or is Vanguard crazy

Vanguard's asset allocation calculator recommends a 80/20 retirement portfolio for me based on their series of questions. Their target fund for my age, target 2035, is 80/20. My current AA is 72/28. I know age in bonds has fallen out of fashion, but that recommendation is bonds = age -28! Am I depr...
by CnC
Fri Oct 13, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 2787

Re: Why would anyone buy long term bonds?

There are long term bonds that are not treasury bonds. There are also long term bonds that are not 30 year bonds. Just thought I would point that out. Also, the thing that you said is universally accepted is not universally accepted. I did not think of insurance agencies of various types that must ...
by CnC
Fri Oct 13, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3103

Re: My EJ portfolio vs my Vanguard, side by side

Well to the best of my knowledge no one said vangard will always beat everything else. Domestic stocks have been very good sice 09, if you had 1 fund holding more domestic stocks and 1 fund holding more international stocks you will find that the one holding the majority of domestic stocks wins. Int...
by CnC
Fri Oct 13, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 2787

Why would anyone buy long term bonds Now?

Edited my op, I am referring to current 30 year rates that have a very real chance of not keeping up with inflation and that are sitting very near the average inflation rate. This is an honest question that I just can not comprehend. The question is not rhetorical I honestly do not know the answer. ...
by CnC
Fri Oct 13, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Investments: IRA? High-Expense Govt 457b?
Replies: 12
Views: 719

Re: AdviceVT Vantag on Retirement Investments: IRA? High-Expense Govt 457b?

Check the expenses in the ICMA index funds again. I have my DC plan with them and the ER's on my index funds are .15 domestic, and .20 international. I double-checked the fees. A VT Vantagepoint Milestone 2035 fund, roughly equivalent to my Vanguard target-date fund, has a Gross and Net Expense Rat...
by CnC
Fri Oct 13, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Too old to invest at 70+ years?
Replies: 32
Views: 2416

Re: Too old to invest at 70+ years?

The life insurance can indeed be a black hole. For example: My grandmother (popo) poured millions in premiums over the years into an extremely expensive policy until she was no longer insurable. The "nice insurance" salesman made good money. He convinced her that the expensive policy would help pay...
by CnC
Fri Oct 13, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Low cost 457 plans
Replies: 15
Views: 844

Re: 457 in MO

To the best of my knowledge and experience 457 govt plans are just like 401k's they are not plans that you an individual can shop around for. They are made available through your employer you are stuck with what they have available. I live in Illinois and I have a 457 plan and it is the only plan av...
by CnC
Fri Oct 13, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

I would stop thinking of your goal as early retirement, but instead frame it as achieving financial independence (FI). That might make more sense and sound more appealing to you and particularly your wife. FI means that, yes, you have enough money to retire, but retirement is just one of many optio...
by CnC
Fri Oct 13, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Investments: IRA? High-Expense Govt 457b?
Replies: 12
Views: 719

Re: Advice on Retirement Investments: IRA? High-Expense Govt 457b?

Welcome to Bogleheads. You may want to visit the Wiki for an overview of BH thinking on the "Starter Kit" page here: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit 1. Because of the high costs of the 457 offerings, I would fund the Roth first and put the remainder of your r...
by CnC
Thu Oct 12, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

I know this is really hypothetical but for the people on here, do you feel that there is an age that is simply too low to consider retirement regardless of assets? I don't think there is any particular age that is too young for retirement. However, it's simply not feasible for the vast majority of ...
by CnC
Thu Oct 12, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

By the way, I am not asking if I can retire, at absolute best we are talking 13+ years in the future of money I don't yet have. I'm just more trying to think of all the pitfalls. Thanks to everyone so far, if it seems like I'm trying to justify retirement it's just my was of answering questions sayi...
by CnC
Thu Oct 12, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

Under average or better market conditions by 45 our investments will more than cover our expenses via the 4% rule completely ignoring my pension and our social security. For one, the 4% 'rule' isn't really a rule as much as a rule of thumb. Worth reading up on Safe Withdrawal Rates . Note that in g...
by CnC
Thu Oct 12, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

Are there kids in the picture? I personally would love to retire now at 41 (retire from rat race to have a paycheck) and do what I love to do. I have enough things to do, people to meet (that are available during work hours) and places to visit that I would definitely not miss friends and relatives...
by CnC
Thu Oct 12, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

Re: How young is too young to retire.

It may help you and your wife to think in terms of being financially independent rather than in terms of working or retiring as they can be completely separate. Once you are financially independent, you don't have to exchange your time and effort for money, but you can if you want to. It's not hard...
by CnC
Thu Oct 12, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5771

How young is too young to retire.

Hey all, I have been here most of a year now and have read tons of interesting and varied threads and opinions. As I have begun running my financial number forcasting possible outcomes I have found that under average to above average market conditions my original goal of retirement at age 55 is over...
by CnC
Wed Oct 11, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Whole life insurance - question for surrending
Replies: 5
Views: 576

Re: Whole life insurance - question for surrending

Is this an x pay whole life or pay forever whole life. X pay may not be that bad, I have a 10 pay. Halfway done while it may not be the best investment it will be done in 5 more years and it gives me piece of mind knowing I will have xxx dollars for my family no matter what. That being said my paren...
by CnC
Wed Oct 11, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: 457 Plan Question
Replies: 5
Views: 623

Re: 457 Plan Question

Also, rember o e of the biggest benefits to 457 plans are that you pay no penilty for early withdrawal.

This is a huge benefit over comparable 401k plans that force you to be 59.5.
Also it drops your taxable income which allows you to make Roth IRA Contributions longer
by CnC
Tue Oct 10, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6804

Re: How big a portfolio should I have before retiring?

That is not my networth because you've completely ignored the hundreds of thousands of dollars of equity we have in our homoe. You're bringing your own biases and value judgement to this conversation and it isn't relevant to the question at hand. But since it is on the table... I did not include an...
by CnC
Tue Oct 10, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6804

Re: How big a portfolio should I have before retiring?

if your wife is happy to continue working, I'd retire now. Let you nest egg grow over the next however many years she works, and find a fun hobby. Who knows, the hobby may even pay a few dollars per year. By the time your wife is ready to retire, even if it's early, your portfolio will be much larg...
by CnC
Tue Oct 10, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: What is a good Asset Allocation
Replies: 48
Views: 2582

Re: What is a good Asset Allocation

Thank you for the input, I'm doing a combination of the above. My assets have reached a million and that definitely makes me more skiddish with our current political environment and the high value of stocks. I'm moving towards 80/20 stock bond ratio and 30% of stocks in international. That is well ...
by CnC
Tue Oct 10, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3890

Re: Protecting against the possibility of a correction?

runner3081 wrote:
Tue Oct 10, 2017 1:12 am
Once the correction comes, will try to scrap as much money together to buy more!
That's my plan.
by CnC
Tue Oct 10, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: What is a good Asset Allocation
Replies: 48
Views: 2582

Re: What is a good Asset Allocation

What's a Good Asset Allocation for a couple in their mid 30s with relatively high stable incomes in terms of Stock/Bond asset allocation? Their main goal is to be financially independent sooner rather than later. I would say it depends on your testicular fortitude portfolio size and savings rate. I...
by CnC
Tue Oct 10, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6804

Re: How big a portfolio should I have before retiring?

if your wife is happy to continue working, I'd retire now. Let you nest egg grow over the next however many years she works, and find a fun hobby. Who knows, the hobby may even pay a few dollars per year. By the time your wife is ready to retire, even if it's early, your portfolio will be much larg...
by CnC
Tue Oct 10, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6804

Re: How big a portfolio should I have before retiring?

I'll give your post careful consideration but I must admit that I had a strong reaction against the idea of waiting until 45 because it seems wildly conservative and it would bring me a great deal of unhappiness in my limited time on this planet. Based on rough mental calculations I just made: By 4...
by CnC
Mon Oct 09, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rental properties in lieu of bond in AA?
Replies: 29
Views: 941

Re: Rental properties in lieu of bond in AA?

I am not a big pro bond guy, but it is dangerous to not understand them. Rental is nothing like bonds. Your city could have a flood or natural/ man-made disaster and your property would become worthless. Possibly not even giving you an insurance check. Social unrest and conflict can completely dest...
by CnC
Mon Oct 09, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6804

Re: How big a portfolio should I have before retiring?

Basics Emergency funds: 2 months in cash. Debt: 309k mortgage @ 3.875%, 26 years left (Aug 2013 loan). No other debt. Fax Filing Status: Married filing jointly. Tax Bracket: 25% federal, 0% state State of Residence: Florida Age: 33 and 31 Desired Asset Allocation: 90% stocks and 10% bonds. Desired ...
by CnC
Mon Oct 09, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Rental properties in lieu of bond in AA?
Replies: 29
Views: 941

Re: Rental properties in lieu of bond in AA?

I am not a big pro bond guy, but it is dangerous to not understand them. Rental is nothing like bonds. Your city could have a flood or natural/ man-made disaster and your property would become worthless. Possibly not even giving you an insurance check. Social unrest and conflict can completely destr...
by CnC
Mon Oct 09, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10026

Re: Third time in my 32 year career I have been laid off

I do not understand this post/thread at all. The OP has real estate valued at over $1m, plus $1.6m in investments. I'd figure out a way to sell both properties (not in the same year), move to a LCOL area. Either buy a nice condo/small house or rent and enjoy life. In a LCOL area, you can buy a nice...
by CnC
Sat Oct 07, 2017 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10026

Re: Third time in my 32 year career I have been laid off

Questions: 1. Firecalc says I can retire on 60,000 a month for 30 years. Should I? Not yet. I have not even considered retirement yet. I am thinking 62. Yes. . or later. 65 is medicare, etc. 2. Are there any suggestions on what I should do besides the usual beef up my resume, look for a job? I'm 55...
by CnC
Fri Oct 06, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2233

Re: Where do you think the money will come from to move the overall market higher?

Recent polls suggest the general public and professional money managers are both getting skittish about valuations. If these polls are correct, and if people slow their equity investments, where do you see the demand coming from? 3 numbers and a letter. 401k so many people are just dumping $$ in ev...
by CnC
Thu Oct 05, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2233

Re: Where do you think the money will come from to move the overall market higher?

Recent polls suggest the general public and professional money managers are both getting skittish about valuations. If these polls are correct, and if people slow their equity investments, where do you see the demand coming from? 3 numbers and a letter. 401k so many people are just dumping $$ in ev...
by CnC
Thu Oct 05, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2856

Re: That blank stare... ?

Does anyone else get that blank stare from their spouse when you say two words about investing? My DW cares not one little bit about what is done with our money. I make all changes to accounts (including her 401k) because otherwise it wouldn't get done. She assumes than retirement magically happens...
by CnC
Wed Oct 04, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Are you investing in Emerging Market small caps?
Replies: 25
Views: 1689

Re: Are you investing in Emerging Market small caps?

I recently purchased FTIPX. It is a mutual fund not an etf.

But it has .1% exp ratio and 22% emerging markets as well as total world ex us so it seems like a nice alternative to Europe heavy funds.
by CnC
Wed Oct 04, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation with Farm Land
Replies: 9
Views: 541

Re: Asset Allocation with Farm Land

While it is cash rent, it should still be classified as "income" in your portfolio. Meaning the $100,000 you make a year off of the farm ground should be treated like income. Meaning that for retirement purposes your $250,000 a year required expenses should be treated as $150,000. All that being sai...
by CnC
Tue Oct 03, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help with private investment opportunity
Replies: 47
Views: 2512

Re: Help with private investment opportunity

I say 10% of your investments is the absolute max.
by CnC
Tue Oct 03, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Sharecropping & Roth IRA & Social Security
Replies: 7
Views: 498

Re: Sharecropping & Roth IRA & Social Security

A quick answer may be that he can file as a self-employed farmer. But that will place certain requirements on him. Of note would be that he'd have to pay social security tax. What is wrong with paying more social security tax? That could increase his SS benefit. If he doesn't yet have 35 years of a...
by CnC
Tue Oct 03, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Sharecropping & Roth IRA & Social Security
Replies: 7
Views: 498

Re: Sharecropping & Roth IRA & Social Security

He could classify as "working" in that he advises the farmer and checks on his crops ect but he rents it out as a share of the crops. Your advise about social security may very well be the reason his Accountant advised him not to claim it as earned income. If anyone else has any more concrete rules ...
by CnC
Tue Oct 03, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of bond investment
Replies: 28
Views: 2148

Re: Pay off mortgage instead of bond investment

I just gave this same advise to a younger person. It makes no sense to lose money to interest and make less money off investing in bonds. Who in their right mind would pay 3% per year to borrow money so that they can earn 2% interest. That is not his situation. He's paying about 2% (effective rate)...
by CnC
Tue Oct 03, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Sharecropping & Roth IRA & Social Security
Replies: 7
Views: 498

Sharecropping & Roth IRA & Social Security

Hello I live in rural area and my father has some farm ground that makes him ~ $10,000. He has always paid taxes on this but was under the understanding by his Accountant that he could not use this money to contribute to a Roth IRA since it was not earned income. He retired at 55 and has had no earn...
by CnC
Tue Oct 03, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of bond investment
Replies: 28
Views: 2148

Re: Pay off mortgage instead of bond investment

I just gave this same advise to a younger person.


It makes no sense to lose money to interest and make less money off investing in bonds.


Who in their right mind would pay 3% per year to borrow money so that they can earn 2% interest.
by CnC
Mon Oct 02, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Advice for retirement plan/income/spend
Replies: 5
Views: 908

Re: Advice for retirement plan/income/spend

Agree with the previous poster. You are completely set. Figure out your asset allocation and sell $50-60,000 a year in stock. If stocks drop drastically begin selling bonds. Once you and dw hit 62 Y/O you are done. Your combined SS payments will likely be over $50,000 a year at 62. Not saying you sh...
by CnC
Mon Oct 02, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - 35 yo and on track
Replies: 3
Views: 803

Re: Portfolio Review - 35 yo and on track

I myself am 32 so I will weigh in on the bonds allocation. Personally I don't view bonds so much as a need x and y age but more of a psychological buffer once you hit "enough money" that losing a large portion of it will hurt. That number for us will be $500,000 once we hit that I am going to put 10...
by CnC
Sat Sep 30, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest in O [Realty Income Corp] for dividend yield?
Replies: 8
Views: 1043

Re: Would you invest in O [Realty Income Corp] for dividend yield?

I actually bought O at a 6.5% yield. I have been very happy with it. I know picking stocks isn't a thing here but I bought 3 REIT's as a little experiment and they have been great. O NNN and WPC personally I think REOT's are a nice compliment to your stock portfolio. Between 10% and 15% of stock hol...
by CnC
Thu Sep 28, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6410

Re: I am in the investment advice industry and I'm not sure if I provide any value

My question to you all is if you see any benefit in using an advisor. If so, what would you pay? I realize the bogleheads forum is skewed more to the low cost do it yourself crowd, but that's why I'm asking. If there are enough people here that see some value in seeking professional advice, perhaps...
by CnC
Wed Sep 27, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: ICMA or TransAmerica
Replies: 3
Views: 386

Re: ICMA or TransAmerica

Our City uses ICMA-RC for our option to contribute to a 457b plan. They suck! I can't express that enough. Run away from them. Everyone at our city quit investing with them because all they did was lose money with them. I have put over $91,000 into my 457 plan over 22 years and currently have only ...
by CnC
Wed Sep 27, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7302

Re: Help?! My 70 year old father is 100% invested in equities

Depending on the size of the portfolio, his withdrawal rate, and his life expectancy, 100% stocks might be entirely reasonable. Exactly. A 70+ year old with a portfolio in the millions who has his yearly expenses covered by dividends and probably has very little need to touch his principle may as w...
by CnC
Tue Sep 26, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation - Nearing Retirement
Replies: 26
Views: 2888

Re: Allocation - Nearing Retirement

60/40 at your age would terrify me. I'm 53 and am gearing to 40/60..and even that makes me uncomfortable. May go more for 30/50/20. Can you really stomach a $600K loss (on paper)? $2M is $1.2M in stocks at 60%, and a 50% drop takes you down $600K. I know I can't..we may be dead before things get ba...
by CnC
Mon Sep 25, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: 31yo should I consider a VAC annuity?
Replies: 7
Views: 1319

Re: 31yo should I consider a VAC annuity?

I agree at first glance the VAC option looks very promising. If it were me, I would NOT participate for three reasons. 1. Concentration risk. You are already counting on IMRF for your pension when you retire. You don't have social security (federal) like most others. So, you are at risk of some Ill...
by CnC
Thu Sep 21, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: International index fund ideas.
Replies: 7
Views: 704

Re: International index fund ideas.

dcabler wrote:
Thu Sep 21, 2017 11:12 am
Morningstar shows pretty low turnover rates for the two Fido funds mentioned
FSGDX: 1%
FTIPX: 1%
That's what I was thinking. 7% turnover vs 1% turn over seems like a lot.


I really don't know much about the ishares.