Search found 1438 matches

by CyclingDuo
Tue Jun 19, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 92
Views: 7738

Re: Very confused with the current market

There's a lot of psychology here. It's easy to say ride it out when your portfolio is mostly from regular monthly/quarterly contributions over the years. But if we ignore tax consequences (e.g. tax deferred accounts), not selling is the same decision as buying. Hence if we flip the scenario around ...
by CyclingDuo
Tue Jun 19, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Contribute to both 403(b) and 457(b)?
Replies: 58
Views: 2705

Re: Contribute to both 403(b) and 457(b)?

The Prioritizing investments wiki (https://www.bogleheads.org/wiki/Prioritizing_investments) says: "Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment)," does the "enough to get the full employer match...
by CyclingDuo
Tue Jun 19, 2018 1:07 am
Forum: Investing - Help with Personal Investments
Topic: Contribute to both 403(b) and 457(b)?
Replies: 58
Views: 2705

Re: Contribute to both 403(b) and 457(b)?

The Prioritizing investments wiki (https://www.bogleheads.org/wiki/Prioritizing_investments) says: "Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment)," does the "enough to get the full employer match...
by CyclingDuo
Tue Jun 19, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Contribute to both 403(b) and 457(b)?
Replies: 58
Views: 2705

Re: Contribute to both 403(b) and 457(b)?

@CyclingDuo: Thank you for some excellent inputs and advice. I read your message shortly after you posted but could not respond right away. With more responses coming over the weekend, completely missed to revert back and follow up on your suggestions. A 401(a) is a defined benefit/pension plan uti...
by CyclingDuo
Mon Jun 18, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 92
Views: 7738

Re: Very confused with the current market

Maybe the key is the annual basis but I’m struggling to make sense of this. People using poor strategy can clearly under perform but that means someone else is outperforming. Fees are a factor but shouldn’t be this big of course. How can the average investor do so poorly? For all the reasons we hea...
by CyclingDuo
Mon Jun 18, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 92
Views: 7738

Re: Very confused with the current market

Interesting thread the OP started 5 years ago... https://www.bogleheads.org/forum/viewtopic.php?f=1&t=115916&p=1687411#p1687411 I have to wonder when the OP was ever certain about the market? Sadly, it is why too many fall into the "average investor" returns that the orange column shows below in th...
by CyclingDuo
Mon Jun 18, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 92
Views: 7738

Re: Very confused with the current market

capcase wrote:
Sun Jun 17, 2018 2:49 pm
show me the 80 years bull?

1990-2000-2008 all most every ten years
Real returns since 1802....

Image

:beer
by CyclingDuo
Sun Jun 17, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 52
Views: 4656

Re: Living Abroad - Who's done it?

I don't know why, but I've always wanted to live in another country, at least for a few years. At the same time, I feel afraid to go for it. My husband is up for it, and I recently got the go-ahead from my company to work remotely (may require a pay adjustment). Reasons for wanting to do it: Becomi...
by CyclingDuo
Sun Jun 17, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6536

Re: can we afford to spend $20K on travel annually

Anyone else think 39 is a bit young to be considered middle aged?! If you think of middle-aged as being at the middle of your life expectancy, it's a little on the young side but past early adulthood, for sure. In terms of career and family stages, they seem to be squarely in middle age. How about ...
by CyclingDuo
Sun Jun 17, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 64
Views: 3175

Re: Tracking spending before retirement useful for estimating retirement expenses?

For those still in the planning stages, are you planning to have similar expenses in retirement? If so, do you plan to live in the same area? What will you do with all the free time that retirement frees up? Those are good questions. First question regarding planning on having similar expenses in r...
by CyclingDuo
Sun Jun 17, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6536

Re: can we afford to spend $20K on travel annually

Anyone else think 39 is a bit young to be considered middle aged?! If you think of middle-aged as being at the middle of your life expectancy, it's a little on the young side but past early adulthood, for sure. In terms of career and family stages, they seem to be squarely in middle age. How about ...
by CyclingDuo
Sat Jun 16, 2018 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance: What’s the Catch?
Replies: 10
Views: 1431

Re: M1 Finance: What’s the Catch?

But I’ve been reading lately how some Bogleheads like M1 Finanace. It’s a robo advisor that says it doesn’t charge fees or commissions and lets you create your own portfolio. It then rebalances everything automatically, again for free. It's really a great concept. M1 stands out to me for something ...
by CyclingDuo
Sat Jun 16, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA: Using it for kids college
Replies: 31
Views: 1829

Re: Inherited IRA: Using it for kids college

My wife is inheriting a low 6-figure IRA from her recently deceased father. From what I understand, it is best just to leave it alone and receive RMD’s from it for now. I was hoping to use it to invest for my three very young kids college tuition. The only way I see this happening is either taking ...
by CyclingDuo
Sat Jun 16, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6536

Re: can we afford to spend $20K on travel annually

most of my spendings go to child education/care (4k), house (3K) and other spending (3-4k). Insurance and parental support are another big chunk. I do not track all the spendings closely. Time to change that! Track all expenses so you have a clear handle on your household cash flow. That will answe...
by CyclingDuo
Fri Jun 15, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Late to the party, looking for some advice
Replies: 18
Views: 2171

Re: Late to the party, looking for some advice

fpawn74 wrote:
Fri Jun 15, 2018 10:02 am
CyclingDuo wrote:
Thu Jun 14, 2018 11:04 am
Did your wife contribute to her 403b
Yes, but it is not too much and we are in the process of getting that rolled.
That's good. No matter the size, have it working for you in the best possible allocation.
by CyclingDuo
Fri Jun 15, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2544

Re: Trade-up my $89 Walmart bike

Thanks for all the responses. I did end up going to other dealers and checking out other bikes. I liked the disc brakes since part of my normal "trail" is on a main road. I use the sidewalk and I've had cars pull out or turn into side streets in front of me, so stopping power was important. The sal...
by CyclingDuo
Fri Jun 15, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Contribute to both 403(b) and 457(b)?
Replies: 58
Views: 2705

Re: Contribute to both 403(b) and 457(b)?

The same employee at the same job cannot contribute the maximum to both a 401k and a 403b (you can to a 401k and a 457b or a 403b and a 457b), so I assume you mean there are two of you and one has the 401k, and the other has the 403b/457b plan. Is this correct? Three possible maximum contributions?...
by CyclingDuo
Thu Jun 14, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to both 403(b) and 457(b)?
Replies: 58
Views: 2705

Re: Contribute to both 403(b) and 457(b)?

As i mentioned in an earlier post, with little knowledge of investing and more importantly fear and suspicion of markets, i did not contribute to 401k plans last year. It was only when i wrote a sizeable check to IRS along with my tax returns this year, that it occurred to me that i should start co...
by CyclingDuo
Thu Jun 14, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Late to the party, looking for some advice
Replies: 18
Views: 2171

Re: Late to the party, looking for some advice

Hello everyone. New to the board here. I have the misfortune to begin investing late in life. I don’t believe in “too late”, but I know I am very far behind the curve. I am 44 years old and we have been a one income family for some time now, while my wife left her teaching position to raise our two...
by CyclingDuo
Thu Jun 14, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Mid 50s couple looking for a Portfolio Health Check up
Replies: 17
Views: 2324

Re: Mid 50s couple looking for a Portfolio Health Check up

Wow scary but great perspectives. Some questions on 401k and IRA. Thank you all I knew I will not be disappointed. This is gold. Is it 24.5k individually or combined that we can save in 401k? You can each contribute $24.5K for a total of $49K between the two of you. I was told by my cpa that since ...
by CyclingDuo
Thu Jun 14, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Should I fix the car or get rid of it?
Replies: 20
Views: 1640

Re: Should I fix the car or get rid of it?

chrischris wrote:
Mon Jun 11, 2018 6:07 pm
I was able to locate a former Subaru Master Technician that still does work on the side. He agreed to charge $750 if I purchase the parts, which cost around $600. I’ll update after the work is completed.
Excellent! :sharebeer
by CyclingDuo
Wed Jun 13, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 73
Views: 11702

Re: Paul Merriman criticism?

Thank you JimInIllinois! One thing that throws me off in the sample portfolios: not sure why there are duplicates in the portfolio: for example: both below cover US Small Cap. Or they overlap but attack small cap from different angles. Also, he seems to recommend 4 fund portfolio, but in this case ...
by CyclingDuo
Wed Jun 13, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Mid 50s couple looking for a Portfolio Health Check up
Replies: 17
Views: 2324

Re: Mid 50s couple looking for a Portfolio Health Check up

We stopped contributing to IRAs as there was no tax benefit. Spouse has an option to start a 401k but the plan is kinda crappy (lousy MFs with high expense ratios and limited choice plus employer only matches up to 5%). What do you mean "no tax benefit"? :?: Is the overall portfolio in the right di...
by CyclingDuo
Wed Jun 13, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 73
Views: 11702

Re: Paul Merriman criticism?

At https://paulmerriman.com/vanguard/ Paul Merriman recommends Vanguard FTSE All-World ex-US Small Cap Index Fund (VFSVX) as well as funds for other asset classes. Thank you JimInIllinois! One thing that throws me off in the sample portfolios: not sure why there are duplicates in the portfolio: for...
by CyclingDuo
Wed Jun 13, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 2980

Re: Imagine a 10 year, 0%, noncallable loan

Yup. I paid everything back within the ten year time frame stipulation at 0% interest. At the same time - at least for many years - my Citibank money market account and CD’s were making double digit interest. I turned down the bank’s final CD offer to me in 1989 when the had a 5 year CD at 10%. I la...
by CyclingDuo
Wed Jun 13, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2544

Re: Trade-up my $89 Walmart bike

Retired and currently ride 6-12 miles a day, 3-5 days a week. Never spent more than $100 on a bike. I enjoy riding and believe I would ride a lot more with the right bike. Not really interested in mountain/off-road and our area has lots of great paved/gravel/dirt paths. I went to a local bike shop ...
by CyclingDuo
Wed Jun 13, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 1073

Re: Fidelity Tech Sector Funds?

I am looking to tilt a little bit in my Fidelity Taxable account and add some Tech Sector / Semi Conductor Funds. Fidelity® Select Software and IT Services Portfolio (FSCSX) - https://fundresearch.fidelity.com/mutual-funds/summary/316390822 Fidelity® Select Semiconductors Portfolio (FSELX) - https:...
by CyclingDuo
Wed Jun 13, 2018 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11088

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Just today I tried an SSA calculator to estimate my benefits. I told it I would stop earning at 54 and entered my yearly earnings up to this year. I'm 44. The result was a monthly benefit of $1600...
by CyclingDuo
Wed Jun 13, 2018 5:25 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 73
Views: 11702

Re: Paul Merriman criticism?

Hi, Please pardon a noon question. Has anyone figured out how to implement International Small Cap via Schwab or Vanguard? Also, how do folks allocated to US LC, US SC, Intl LC, Intl SC? I am sorry for the stupid question. If the question is inappropriate please let me know that too! The entire Ult...
by CyclingDuo
Tue Jun 12, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 2980

Re: Imagine a 10 year, 0%, noncallable loan

Imagine someone were to offer you a 10 year, 0% apr, noncallable loan for the amount of your one year gross income. Every month you have to pay back the principal until at the end of the 10th year, all the money was paid back. if a banker offered you these terms today, how much would you pay him fo...
by CyclingDuo
Mon Jun 11, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 97
Views: 12730

Re: The Power of Working Longer

I read this paper. It is really nothing more than a statement about SS benefits, and how they are improved by starting them later. Nothing more. Nothing new. To try to dress up their paper and make it look like something new, the authors added into their calculations a tiny amount of 401k proceeds....
by CyclingDuo
Mon Jun 11, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 97
Views: 12730

Re: The Power of Working Longer

Considering the news that SS has dipped into the Trust Fund for the first time, and Medicare is even shakier certainly gives pause about when to retire. I am long retired, but if I were coming up on retirement now, I'm pretty sure I would opt to keep working longer. Plus the fact that having the so...
by CyclingDuo
Sun Jun 10, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 11215

Re: MD&P just purchased X / sold Y [md&pharmacist]

beezquimby wrote:
Sun Jun 10, 2018 9:14 am
LOL trying to average 30-40% return, dont need to read anything more after reading that.
Whoot! Whoot!

Let's keep the OP honest. Brokerage account screen pix of the investment account(s) and updates where these trades are taking place please. :beer
by CyclingDuo
Sun Jun 10, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6007

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

So...I'm currently unemployed and just had a $1MM windfall. My obligations are roughly: $250k cap gains tax, $100k student loans, $210k house, $30k car. I'm tempted by an idea to leverage my brokerage account, by setting up a line of credit against it. This would basically give me a variable rate l...
by CyclingDuo
Sun Jun 10, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20171

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Hammered in the dot com bust and in 2008. I lost nothing in either. And you're telling me not to exit on the next beating? Market timing has worked out extremely well for those who know how to do it objectively - most people probably do it on emotion and not information. If my timing is wrong I hav...
by CyclingDuo
Sun Jun 10, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: 35 and Need Help With Building Wealth
Replies: 55
Views: 6561

Re: 35 and Need Help With Building Wealth

For a long time I've been interested in wealth building passively. I'm looking to build as much wealth as fast as possible, but as smart as possible as well. Here's my current financial situation: Income Full time job: $13.85 / hour (After child support, student loan garnishment, taxes, 401k, etc. ...
by CyclingDuo
Fri Jun 08, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20171

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I invest 70% of my portfolio in bonds, not because of returns, but because of balance. Buffett doesn't have to worry about balancing his portfolio (are you kidding?!). He is in a different universe. And what he says is great for him, and he is correct for him. As a mere mortal and a nobody, I have ...
by CyclingDuo
Fri Jun 08, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 137
Views: 14727

Re: Paul Merriman and Small Cap Value

Is VSS (FTSE All-World ex-US Small-Cap) the best you can do at Vanguard for the international portion? It's not really valuey, it's in the middle. It is the best you can do, but honestly I don't think I'd bother. In addition to thinking of your portfolio using standard asset class allocation (e.g. ...
by CyclingDuo
Wed Jun 06, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner retirement portfolio question.
Replies: 15
Views: 965

Re: Beginner retirement portfolio question.

The target date funds will also already own REIT investments in them, but they will not own more REIT investments than the current weighted average of REIT investments in those Total US and Total International funds. If one wanted to overweight REITs, then one could own a target date fund and add a...
by CyclingDuo
Wed Jun 06, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner retirement portfolio question.
Replies: 15
Views: 965

Re: Beginner retirement portfolio question.

The target funds for your age currently have the asset allocation divided up with 90% in stocks, and 10% in bonds. That's a good template to follow. Yours is the 2055 Target Fund. https://investor.vanguard.com/mutual-funds/target-retirement/#/mini/overview/1487 Diving down a bit deeper into the 205...
by CyclingDuo
Wed Jun 06, 2018 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Expertise Wanted (& Appreciated!)
Replies: 15
Views: 1681

Re: Boglehead Expertise Wanted (& Appreciated!)

I'm not too proud to say that as a neophyte Boglehead, I don't quite follow what you mean. I understand taxable accounts (that's my investment accounts, NOT 401k, IRA, etc.). But I don't follow what you mean when you say that TSM and TI are "tax efficient." Can you elaborate? The Boglehead Wiki on ...
by CyclingDuo
Tue Jun 05, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a deferred / variable annuity?
Replies: 41
Views: 2014

Re: Annuitizing a deferred / variable annuity?

Do you have a ticker for the VIP S&P 500 Index fund you referred to? I'm not familiar with the VIP series, but find uncovering all the true fees to be difficult. Does that .25% "wrap fee" include the mortality/expense fee? While not a fee exactly, I've seen instances where the funds don't perform a...
by CyclingDuo
Tue Jun 05, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a deferred / variable annuity?
Replies: 41
Views: 2014

Re: Annuitizing a deferred / variable annuity?

The OP should check the "guaranteed" rate on annuitization. Interest rates were much higher 20 years ago, and the guaranteed rate could be in excess of 4%. OP here. Good point, and thanks for that. However, it makes me think about a different alternative. I've had the annuity invested in 4-5 relati...
by CyclingDuo
Tue Jun 05, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner retirement portfolio question.
Replies: 15
Views: 965

Re: Beginner retirement portfolio question.

The target funds for your age currently have the asset allocation divided up with 90% in stocks, and 10% in bonds. That's a good template to follow. Yours is the 2055 Target Fund. https://investor.vanguard.com/mutual-funds/target-retirement/#/mini/overview/1487 Diving down a bit deeper into the 2055...
by CyclingDuo
Tue Jun 05, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a deferred / variable annuity?
Replies: 41
Views: 2014

Re: Annuitizing a deferred / variable annuity?

I have what is probably a stupid question, so go easy on me. Background: A bit over 20 years ago, my father gifted each of his kids a $20K variable annuity at Lincoln Life. It grew over time, but eventually I realized the expenses at Lincoln were limiting the growth. I had everything else at Fideli...
by CyclingDuo
Mon Jun 04, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1161

Re: Help?

I don’t know how I got here (literally or figuratively), but here I am. I will call it Providence, on both fronts. I am old in years but young, very young, when it comes to Finance. I am afraid I did it all wrong. I am hopeful I can at least maybe go in a better direction now, albeit rather late in...
by CyclingDuo
Mon Jun 04, 2018 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6586

Re: Should I put some money aside in money market for market correction

But no need to go to great lengths to convince or impress. People see what they believe, not believe what they see. Anyway, once or twice (or just market investments) did not get me to a NW of $10M at 45, LOL! My successful investments are multi-pronged. Stat check: It only took until your 6th post...
by CyclingDuo
Mon Jun 04, 2018 6:59 am
Forum: Investing - Help with Personal Investments
Topic: Getting started with Non-retirement account
Replies: 15
Views: 1060

Re: Getting started with Non-retirement account

If you are concerned about not reaching even that limit, you could start with Wisebanyan ($0 minimum) or wealthfront ($500 minimum) and invest whatever you can at this time. They have good investment options, which they do automatically for you (meaning you don't get to choose your investments, onl...
by CyclingDuo
Mon Jun 04, 2018 6:44 am
Forum: Investing - Help with Personal Investments
Topic: 403B Dilemna
Replies: 10
Views: 1298

Re: 403B Dilemna

A large part of my income is variable, however, our goal is to live off of our combined bases salaries without depending on any bonuses that I may receive. What other tax-deferred options are you referring to outside of my 401K? I do have a taxable account and are in the process of migrating funds ...
by CyclingDuo
Sun Jun 03, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6586

Re: Should I put some money aside in money market for market correction

Nate79 wrote:
Sun Jun 03, 2018 7:05 pm
The market has not been going up since 2008 as there have been a number of corrections since then.
True indeed!


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