Search found 4159 matches

by Dandy
Sun Aug 28, 2016 10:46 am
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10003

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

I am not a market timer at all but at age 54, the horizon is getting shorter and one thing you know for sure 1) The market is at the "high end" of speculative returns (i.e., P/E does a reversion to the mean and we will see some decreases) 2) Interest rates are virtually at the bottom. 3) ...
by Dandy
Sun Aug 28, 2016 10:09 am
Forum: Personal Consumer Issues
Topic: 2013 vs 2016 CR-V
Replies: 18
Views: 986

Re: 2013 vs 2016 CR-V

As I got older, wealthier and hopefully wiser I put more emphasis on the safety features of cars vs mileage, cost, style etc. I find the time I almost get into an accident is changing lanes, backing out of the driveway/parking space, or braking (e.g. when a car pulls out when the light changes and t...
by Dandy
Sun Aug 28, 2016 9:32 am
Forum: Investing - Theory, News & General
Topic: Retirees Saying No To The Market
Replies: 30
Views: 2159

Re: Retirees Saying No To The Market

retirees who have nothing in the market probably have little savings to invest or had no market investments before they retired. If they invested during their accumulation stage they probably continue to have some assets in the market.
by Dandy
Sun Aug 28, 2016 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Alliant Credit Union for High Yield Savings Account
Replies: 7
Views: 820

Re: Alliant Credit Union for High Yield Savings Account

I recently switched my primary checking from BofA to Alliant and also use their savings account. It has only been a few months but I am satisfied. I like their 24/7 customer service. Their web site and bill payment process is a bit behind the times but once you work with it, it is acceptable. When I...
by Dandy
Sun Aug 28, 2016 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 42
Views: 2227

Re: Do you count your emergency fund?

When you think of it your emergency fund is really mental accounting. For example, if you lose you job and your emergency fund runs out you are probably going to use other assets at least for awhile. So, all or most of your assets are usually in play. The concept of having a designated emergency fun...
by Dandy
Sat Aug 27, 2016 7:29 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10003

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

In the age of no pensions having 20-25 years invested with no risk does not seem practical for middle class. A fair point - the approach was for those who had enough and that might mean fewer people in the future since their income floor may be lower. While I don't believe Dr. Bernstein directly ad...
by Dandy
Sat Aug 27, 2016 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else make this mistake? [include home as retirement income]
Replies: 34
Views: 3072

Re: Anyone else make this mistake? [include home as retirement income]

Does make some sense if it is investment real estate (rented to third parties). I'm not the best person to answer this but here are my thoughts. 1. Investment real estate is often a combination of a hard asset (assuming you have equity), an expense (mortgage, insurance, taxes, maintenance, etc.) an...
by Dandy
Sat Aug 27, 2016 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else make this mistake? [include home as retirement income]
Replies: 34
Views: 3072

Re: Anyone else make this mistake? [include home as retirement income]

I didn't. I certainly made other investment mistakes. I think some "experts" confuse people by suggesting hard assets, like houses and income streams, like pension and social security count as bonds. Those assets and income streams are extremely valueable and allow investors to take more e...
by Dandy
Fri Aug 26, 2016 9:44 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10003

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

In his latest book, "If You Can" Dr. Bernstein recommends three funds: Vanguard Total U.S. Stock Market Vanguard Total International Stock Market Vanguard Total Bond Fund. Taylor I know you have great love for the Total Bond fund and the 3 fund portfolio. I'm sure Dr. Bernstein is also a ...
by Dandy
Fri Aug 26, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: TERM Life Insurance Only On Breadwinner?
Replies: 16
Views: 841

Re: TERM Life Insurance Only On Breadwinner?

Who will take care of your child if your wife dies? You will need to go to work. Price out day care and after care, My daughter pays $1500 a month for each child and you will pay for after school care until you get off work and can pick your child up). I'm 68 and we take care of 2 young grand kids o...
by Dandy
Fri Aug 26, 2016 3:28 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 55
Views: 10003

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

What Dr. Bernstein didn't mention in the brief recap of his idea was that he recommends very safe fixed income not the usual Total Bond fund but short term bonds/especially Treasuries, Individual TIPS ladders, CDs etc. At least that is what I recall. The "excess" over the Residual expense ...
by Dandy
Thu Aug 25, 2016 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 25
Views: 1624

Re: How much PrimeCap vs Total Stk Mkt

PrimeCap was a great fund will it continue to be? My general advice is that once a fund is closed It is better to move on than find a way to buy more. It is difficult for a fund company to close a hot performer and Vanguard seems to do it before the fund tanks. But, the message from those running th...
by Dandy
Thu Aug 25, 2016 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Managing AA with target date funds... or not?
Replies: 18
Views: 938

Re: Managing AA with target date funds... or not?

Target Date funds are a great idea and you have access to them at a very low expense ratio. I wouldn't be as concerned about the change in equity vs fixed income over the years as I would the change in what they invest in. Vanguard has made major changes to their TD fund's allocations and what funds...
by Dandy
Tue Aug 23, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 115
Views: 9877

Re: Anyone else getting nervous and converting to cash as a short-term move?

Not really but not investing some cash I have. e.g. recently matured CD would normally be invested either in a CD or balanced fund. Neither seem very attractive so letting it sit in a low yielding Money Market Fund for now. They always say there is no such thing as money sitting on the sidelines but...
by Dandy
Mon Aug 22, 2016 5:30 pm
Forum: Investing - Theory, News & General
Topic: Asset allocations and sustainable withdrawal rates
Replies: 16
Views: 1278

Re: Asset allocations and sustainable withdrawal rates

It seems that back testing seems to always support a high equity allocation - stocks are risky but have outperformed over time. Sure there have been some horrid plunges but they haven't usually lasted very long. Here is my take. You only have one retirement. The future may not look very much like th...
by Dandy
Mon Aug 22, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 101
Views: 5472

Re: How do you view debt?

Moderate debt to improve your skills and a mortgage on a house you can afford are reasonable uses. I'm not a fan of using debt for leveraging for other real estate or non real estate investments.
by Dandy
Mon Aug 22, 2016 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Joint Accounts - How do you use it?
Replies: 103
Views: 5478

Re: Joint Accounts - How do you use it?

pretty much joint ownership -- checking, savings, taxable investments etc. Found no need for separate fun accounts. With a house and 2 kids it would have seemed odd to have monies reserved for personal fun. If I needed to play a round of golf so be it. If wife needed to go to the beach with her old ...
by Dandy
Mon Aug 22, 2016 4:10 am
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2273

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

That is what I did but remember my small cap exposure was a decent size by itself but not a major percent of my allocation --maybe 4% of my portfolio, so I could afford to carry a bit more risk. Also, I focus on the overall equity vs fixed income -- that is where the real risk/reward is. I don't get...
by Dandy
Sun Aug 21, 2016 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: CD vs Short Term Inv Grade Bond
Replies: 12
Views: 1598

Re: CD vs Short Term Inv Grade Bond

I own both, both are good.
by Dandy
Sun Aug 21, 2016 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2273

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Interesting, I have a large small cap position in my taxable account with large cap gains. I decided not to reinvest any distributions but it is such a small percentage of my total equities that I have not decided to take cap gains to reduce or eliminate it. I am well into retirement but you may hav...
by Dandy
Sun Aug 21, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Am I devastatingly far behind on retirement savings and how can I catch up?!
Replies: 40
Views: 6111

Re: Am I devastatingly far behind on retirement savings and how can I catch up?!

Really, no one is really behind at age 29. Begin saving in an automated way e.g. via a 401k plan especially if there is a match. Increase your savings a bit each year when you get a raise. Invest a portion of your bonus. Choose low cost, broad based index funds and at least a moderate equity allocat...
by Dandy
Sun Aug 21, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Are these fees / returns reasonable
Replies: 38
Views: 2389

Re: Are these fees / returns reasonable

I think the 10 yr. returns are low considering a 75% allocation to equities. My Vanguard Portfolio which is about 90% of my investments returned something like 6% over 10 years with a much lower equity allocation 55%. 30 fund seems a bit much but sometimes couples have several different employer bas...
by Dandy
Sun Aug 21, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account Strategy/Recommendations
Replies: 10
Views: 1307

Re: Online Savings Account Strategy/Recommendations

I did a few awhile back. It is a bit of a hassle but if you actually figure out the time you spend vs the money gained it usually turns out to be a good deal most of the time. At this stage of life I just don't have the energy or need to do it. You also have to be careful some of these deals require...
by Dandy
Sat Aug 20, 2016 8:33 am
Forum: Investing - Theory, News & General
Topic: Most Investors Won't Outperform this Simple Portfolio
Replies: 8
Views: 2569

Re: Most Investors Won't Outperform this Simple Portfolio

Generally, you pick an investment allocation based on your ability and need to take risk. Most people would not be able to stay with a 90% allocation to equities. What Buffet recommended for his wife's investments really has no bearing on what you should do.
by Dandy
Sat Aug 20, 2016 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Earlier Retirement with Lower Pension?
Replies: 26
Views: 2774

Re: Earlier Retirement with Lower Pension?

It appears that you have enough but instead of funding a 30 year or so retirement you are probably looking at 35 years +. That is probably as long as your careers. You also have a relatively high estimate of what retirement expenses will be. If it were me I'd work the extra years to increase the inc...
by Dandy
Sat Aug 20, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Best interest paying savings accounts?
Replies: 9
Views: 1024

Re: Best interest paying savings accounts?

I have used Ally Bank, Discover Bank and Alliant Credit Union all from strictly an online basis. Have had no problems. Nice to have 24/7 service. As far as rates they are all competitive and their rates are not teaser rates that lure you in and then drop. I no longer use Ally since their CD rates ha...
by Dandy
Sat Aug 20, 2016 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Finding a Vanguard fund to invest $40,000 for 30 years (401k account)
Replies: 46
Views: 3144

Re: Finding a Vanguard fund to invest $40,000 for 30 years (401k account)

If I were limited to the funds you cited I would go for growth index. Low cost and no active manager risk - even though Vanguard active funds are or seem to have less active manager risk. While 10 year returns are a good measure I would look at cost, diversity and not having any manager risk. If I w...
by Dandy
Fri Aug 19, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter - 403b Options
Replies: 10
Views: 478

Re: Daughter - 403b Options

My daughter is 34 and started a teaching position this year. I looked at her 403b plan and was aghast at how bad the choices were. High expense ratios and lots of fees and gotchas. e.g. a $20 yearly fee when the account is less than 20k. Met with the sales person and received a disc with the plan de...
by Dandy
Thu Aug 18, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5276

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

I also can't help but question why investors would complicate Total Bond (or their investment portfolios) and add TIPS. Total Bond does the job. No doubt total bond is a very good fund and has an impressive record even during some years of high inflation. We haven't had a real sustained spike in in...
by Dandy
Thu Aug 18, 2016 6:40 am
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5276

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

It is about safety I think. There aren't any US bond funds that would escape the rate of rising rates, are there? US rate increases won't drop international bond NAVs will they? First of all the US Fed is talking about raising rates gradually and was projecting 4 by the end 2016 and hasn't done 1 y...
by Dandy
Tue Aug 16, 2016 9:24 pm
Forum: Investing - Theory, News & General
Topic: Some basic theory questions about equities and bonds
Replies: 8
Views: 798

Re: Some basic theory questions about equities and bonds

- Who is actually buying the stocks and bonds from a fund when I choose to sell? Are the shares purchased by a conglomerate of other investors who are buying on a daily basis? Are there situations where one wouldn't be able to sell their funds? For an open end fund the fund buys the shares and by re...
by Dandy
Tue Aug 16, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - New $10 ATM Fee Reimbursement Limit
Replies: 78
Views: 8493

Re: Ally Bank - New $10 ATM Fee Reimbursement Limit

Ally keeps the slow drift from being a amazingly better bank to being good bank - where will it stop.
by Dandy
Tue Aug 16, 2016 4:44 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 2595

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Intermediate or short term bond funds are way less volatile than equities and you slept well with equities and illiquid real estate. Think fixed income vs just bonds/bond funds. I allocate approximately 1/3 intermediate bond funds (including TIPS), 1/3 short term bond funds and 1/3 "safe" ...
by Dandy
Tue Aug 16, 2016 8:25 am
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5276

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

They were taking money from one fund (total bond) and moving it to another (international bond). Not increasing their AUM. Higher fees in international, but higher costs too. I don't see this as a conspiracy, but rather as really what they think is in best. Never said they were trying to increase A...
by Dandy
Tue Aug 16, 2016 7:21 am
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5276

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

I am not comfortable with how VG introduced this fund by basically shoving it into Life Strategy and Target Date funds where customers had no say and some may not even noticed. It is a pretty effective way of making a new fund a success - no expensive marketing is needed. I was poised to consolidate...
by Dandy
Tue Aug 16, 2016 7:02 am
Forum: Investing - Help with Personal Investments
Topic: How often do you adjust your AA to account for your age?
Replies: 29
Views: 2144

Re: How often do you adjust your AA to account for your age?

I think there are critical times when allocation adjustment should be considered: 5 years before retirement, at retirement, when pension and/or social security is taken. e.g. at age 50 and at 70/30 maybe set a goal of 55/45 at age 60 (5 yrs before retirement). Reduce equity allocations by adjusting ...
by Dandy
Sun Aug 14, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis on Wealthtrack.com tonight. Link provided.
Replies: 14
Views: 1635

Re: Charles Ellis on Wealthtrack.com tonight. Link provided.

Enjoyed the interview especially as he smiled when Ms Mack pressed him a variety of other strategies vs index funds. Interesting too was the single best idea recapped by Ms Mack didn't focus on index funds - not surprising though given he show's sponsors. To give her, her due, she does host and enga...
by Dandy
Wed Aug 10, 2016 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Move for better schools and commute?
Replies: 17
Views: 1141

Re: Move for better schools and commute?

It is usually pretty hard to judge how good a school system is - so I would try to do max research before I took on a massive mortgage. I live in a town with a regional high school but next to a wealthy community with its own high school. The wealthy high school was good but I found out they cooked ...
by Dandy
Wed Aug 10, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Websites - CNBC & Fox Business
Replies: 13
Views: 1248

Re: Websites - CNBC & Fox Business

I watch and listen to Bloomberg on occasion. On their web site I think their economic calendar is a nice recap of data e.g. jobless claims, same store sales, employment, etc. I like to see "real" data rather than "expert" opinions of where the market is going. Real data often is ...
by Dandy
Mon Aug 08, 2016 10:45 pm
Forum: Investing - Theory, News & General
Topic: Articles that have provoked thought and reflection
Replies: 21
Views: 2527

Re: Articles that have provoked thought and reflection

For me almost guaranteed higher inflation adjusted income from age 70 on for the higher earner and spouse is a better idea than hoping you invest the earlier SS monies and hope you average 6%. 2 hopes too many. Sure if you have pensions that cover your expenses the need to wait to age 70 is less -- ...
by Dandy
Mon Aug 08, 2016 7:22 am
Forum: Investing - Theory, News & General
Topic: Articles that have provoked thought and reflection
Replies: 21
Views: 2527

Re: Articles that have provoked thought and reflection

Dr. Bernstein's liability matching "when you have won the game stop playing" ideas. While no retirement allocation or withdrawal strategy is without risk his suggestion of building such a portfolio from the bottom up based on actual withdrawals needed to fund retirement expenses was a game...
by Dandy
Fri Aug 05, 2016 9:22 pm
Forum: Investing - Theory, News & General
Topic: How to think about non-invested $
Replies: 20
Views: 1941

Re: How think about non-invested $

The cash portion of your money is part of your allocation whether you count it or not. This is true especially if you have a large amount of cash vs having just a few hundred dollars in you checking account. Think about it -- how is it not part of it? People get all funny about cash e.g. a savings a...
by Dandy
Wed Aug 03, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: Bucket Portfolios - when to create buckets and how much cash
Replies: 26
Views: 2590

Re: Bucket Portfolios - when to create buckets and how much cash

It is true that there are risks to any place you decide to put your money and therefore any allocation approach. But, not all risks are equally likely to occur or of equal severity if/when they do occur. "safe" products do have the risk of inflation, even modest inflation, which erodes pur...
by Dandy
Tue Aug 02, 2016 7:23 am
Forum: Investing - Theory, News & General
Topic: Bucket Portfolios - when to create buckets and how much cash
Replies: 26
Views: 2590

Re: Bucket Portfolios - when to create buckets and how much cash

I consider the Boglehead investing approach a form of bucket strategy. Basically, it's 2 buckets - SAFE and RISKY. I think this is all anyone needs, and it's simple to manage. I think other bucket approaches are too complicated and have several other short-comings. +1 Especially in retirement you d...
by Dandy
Mon Aug 01, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: Incremental Rebalancing strategy
Replies: 55
Views: 2825

Re: Rebalancing strategy to preserve dry powder

the main idea of rebalancing is keeping your risk under control based on what your risk tolerance is. So you have to decide how you will implement rebalancing. Some people are very strict and wait for the date or the percentage trigger before they will rebalance. Some get very detailed on making sur...
by Dandy
Sun Jul 31, 2016 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Silly questions I have wondered about re active management
Replies: 8
Views: 701

Re: Silly questions I have wondered about re active management

I have two questions I am embarrassed to ask - but I will because I have wondered about them for months and I hate to not get feedback on them. I have relatives who pay a financial advisor 1% fee. He invests in individual stocks, not mutual funds, for their stock portion of portfolios. He does not h...
by Dandy
Sun Jul 31, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio? Really?
Replies: 76
Views: 10232

Re: Liability Matching Portfolio? Really?

I don't think the Dr.Bernstein idea was targeted to a 53 year old retiree. It would seem to be more geared to retirees of a more typical age. I found his suggestion a game changer (not to over due the analogy). I like the bottom up approach to determine my retirement allocation i.e. first determine ...
by Dandy
Sun Jul 31, 2016 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?
Replies: 43
Views: 4650

Re: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?

I did not hire a financial advisor but I think a fee only financial advisor is usually a good idea. Most of the heavy lifting in transitioning to retirement can be covered by a good fee only advisor once. e.g. what your allocation should be in retirement, when to take SS for your and/or spouse, whet...
by Dandy
Sun Jul 31, 2016 9:30 am
Forum: Investing - Help with Personal Investments
Topic: asset allocation
Replies: 13
Views: 892

Re: asset allocation

Personally as I age I look to make investment life simple. Not there yet but my vision is something like in my TIRA Balanced Index fund and a short term bond fund (to get the overall equity allocation where I want it.) That covers broad based US equities and bonds and a large portion of your portfol...
by Dandy
Sat Jul 30, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor takes HMO but not PPO insurance?
Replies: 58
Views: 3042

Re: Doctor takes HMO but not PPO insurance?

There's got to be a better way to deliver services that are 17.5% of national GDP. (source Centers for Medicare Services) Or at least make them understandable. I'm sure there are several better ways but any changes to health insurance structure is, to say the least, highly charged emotionally and p...

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