Search found 2252 matches

by Dulocracy
Fri Mar 16, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider an emergency fund as part of your overall allocation?
Replies: 24
Views: 2142

Re: Do you consider an emergency fund as part of your overall allocation?

No, but don't give me ideas. I seem to try to find excuses to have more stock and list fixed income. However I do not really consider an ally savings account to be an investment. I would not have my emergency fund in any investment that was not guaranteed, which includes bond funds. I would not want...
by Dulocracy
Fri Mar 16, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage or Pay Car Loan?
Replies: 5
Views: 370

Re: Refinance Mortgage or Pay Car Loan?

What what is the interest rate on the car? My wife has an interest rate of 1.9% on the car, which we are not paying early. We are paying extra on the mortgage, however. I would look at it as a function of where you are going to be saving the most money. Also, where is that $10,000 invested? It would...
by Dulocracy
Fri Mar 16, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31881

Re: Those with high savings rate: why?

Fear. Fear that I will run out of money. Fear the stock market will plummet like in Japan and never return. Fear that my wife will not be taken care of in her older years. Acknowledgement and fear that I have not saved nearly enough at the point in life where I find myself. Fear about the future of ...
by Dulocracy
Fri Mar 16, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Has Seeking Alpha Become Worthless?
Replies: 29
Views: 6323

Re: Has Seeking Alpha Become Worthless?

220volt wrote:
Fri Mar 16, 2018 10:01 am
Picking good contributors to follow on Seeking Alpha is like consistently picking winning stocks.
For only $99.99 you can get my newsletter about which Seeking Alpha articles are the winners.

OP I stopped going to that site a while back with the same opinion that you have stated.
by Dulocracy
Fri Mar 09, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance Investments
Replies: 11
Views: 1541

Re: Inheritance Investments

Good problem I'm dealing with here - inherited funds. What timing to invest a large sum of money, some of which will be going into the stock market? Invest everything all at once in my desired allocation? Wait for the market to drop? Other wise plan? One recipient is 5-10 years from retirement, one...
by Dulocracy
Fri Mar 09, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: This is not a typical medical collections issue- what to do?
Replies: 52
Views: 7721

Re: This is not a typical medical collections issue- what to do?

Contact a debtor's rights attorney. Not a bankruptcy attorney, but an attorney who deals with debtor's rights in debt collection. You would be amazed at how often additional fees are added on to regular charges. In this circumstance, it sounds like a violation of the FDCPA (Fair Debt Collection Prac...
by Dulocracy
Fri Mar 09, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with 401k - Getting back into Market
Replies: 6
Views: 939

Re: Need Help with 401k - Getting back into Market

Vanguard Institutional Index -- ER 0.02% (VIIIX) Fidelity Mid Cap Index Option -- ER 0.04% (FSTPX) Fidelity Small Cap Index Option -- ER 0.05% (FSSVX) Fidelity Global Ex US Index Option -- ER 0.10% (FSGDX) Current Asset Allocation as of 2/16/18 68% Fixed Dollar Account (earning 4.30%) -- $59,480 32...
by Dulocracy
Fri Mar 09, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9100

Re: Would YOU retire

I tend to be very conservative on these things, but consider what happens if your rentals no longer produce. Are you ok? If there is a horrible real estate crash and you have to liquidate all property at 50% value. Are you ok? You are basically testing for black swan events. If it were not for the b...
by Dulocracy
Fri Mar 09, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 19595

Re: What was your % pay raise?

-50%

Wait...

Should I have sold my old firm and started a new one? Time will tell! :sharebeer
by Dulocracy
Fri Mar 09, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs. additional tax-advantaged retirement savings
Replies: 93
Views: 5836

Re: Paying off mortgage vs. additional tax-advantaged retirement savings

This question often gets answered by many people. HOWEVER: pay attention to responses primarily from high income earners. Max out your tax advantaged space. Once lost, you never get it back. Most high income earners look back and regret not taking more advantage of that space. You can always pay off...
by Dulocracy
Fri Mar 09, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Why (or why not) use an advisor
Replies: 42
Views: 2229

Re: Why (or why not) use an advisor

Many people DO need and benefit from having a financial advisor. Here are some reasons: 1. No interest in managing their money (too busy with managing a company or career or family, would rather outsource the activities, etc.) 2. No aptitude for managing their money (don't know what you don't know,...
by Dulocracy
Fri Mar 09, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 21031

Re: Why International again?

here's a good reason: it's called the "randomness of global equity returns" page 40 of the DFA matrix book 2017: https://www.ifa.com/pdf/matrix%20book%202017.pdf https://s13.postimg.org/75j8swgjb/Capture2.jpg what do you see? That's right. The good 'ol USA was only the top dog once since 1997 (in 2...
by Dulocracy
Fri Mar 09, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Books that have actually changed your life, in a way.
Replies: 172
Views: 19077

Re: Books that have actually changed your life, in a way.

.. A work by Soren Kierkegaard in combination with some writings of St. Augustine and St. Thomas Aquinas. (21) .. Can you please explain how? Thank you. Sorry for the late reply. We are not allowed to discuss religion on this board. I will say that Soren Kierkegaard discusses doubt and the idea tha...
by Dulocracy
Fri Mar 09, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 11011

Re: Ok fellow bogleheads, was the correction scary or nothing?

It was not scary. It happened. It will happen again. I am continuing to max my retirement/tax advantaged opportunities.
by Dulocracy
Sun Dec 17, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 7421

Re: Dad Needs Help Buying Wedding Liquor

Important!!! With your bourbon if you want a high-quality bourbon you want to go with Woodford Reserve. Jack Daniel's is a fine alcohol that I drink and enjoy, but it is not bourbon. If you got Jack instead of bourbon most people would not care, but if you are catering to a crowd who enjoys bourbon ...
by Dulocracy
Sun Dec 17, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 7421

Re: Dad Needs Help Buying Wedding Liquor

Important!!! With your bourbon if you want a high-quality bourbon you want to go with Woodford Reserve. Jack Daniel's is a fine alcohol that I drink and enjoy, but it is not bourbon. If you got Jack instead of bourbon most people would not care, but if you are catering to a crowd who enjoys bourbon ...
by Dulocracy
Sun Dec 17, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Two commas, I'm calling it
Replies: 20
Views: 4897

Re: Two commas, I'm calling it

Congratulations!
by Dulocracy
Sat Jul 01, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb - Retirement Savings Multiples Question
Replies: 16
Views: 2449

Re: Rules of Thumb - Retirement Savings Multiples Question

What I have heard on this board is that one should be saving 15 percent of one's gross income for retirement.
by Dulocracy
Tue Mar 07, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan
Replies: 37
Views: 4845

Re: Traveling to Japan

http://www.kyoto-gioncorner.com/global/en.html This is a must in Kyoto. Not just for the meiko geisha dance, but the court music and other cultural performance art a foreigner has little opportunity to see. This was the highlight of our stay in Kyoto. Ninja is a fun restaurant in Tokyo. Don't be afr...
by Dulocracy
Sat Feb 04, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: ABLE Account - no longer disabled?
Replies: 2
Views: 609

Re: ABLE Account - no longer disabled?

Thanks! Please do let me know if you find out if disability similarly takes back money, but from what you found, I am very concerned for her that it may similarly cause a problem. I cannot find anything directly relating to it.
by Dulocracy
Thu Feb 02, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: ABLE Account - no longer disabled?
Replies: 2
Views: 609

ABLE Account - no longer disabled?

I have a dear friend that has a diagnosis for PTSD for some serious trauma. She is eligible for an ABLE account, however, I want to make sure it is appropriate for her. She is in counseling to overcome her disability. If that happens, would that mean that distributions are no longer qualified? Is it...
by Dulocracy
Tue Dec 27, 2016 1:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1019167

Re: What Movie Have You Recently Watched?

It's A Wonderful Life , with Jimmy Stewart and Donna Reed. I watched this with my wife, 3 of our children and 2 of our grandchildren on Christmas Eve. This was Stewart's first picture after service in U.S. Army Air Corps in Europe in World War Two, flying B24 bombers. My favorite Christmas movie. W...
by Dulocracy
Tue Dec 27, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can I help settle my father in law's estate without an attorney?
Replies: 44
Views: 4103

Re: Can I help settle my father in law's estate without an attorney?

It is (in most states) a criminal act for someone to handle the legal work of another without a license to practice law. Counselor, this is a new one to me and I've been licensed to practice law for 53 years. Assisting another with legal matters without holding oneself out as a lawyer and without c...
by Dulocracy
Tue Dec 27, 2016 12:23 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 14553

Re: At what age, income, and NW would you buy a $50k car?

There's a lot of folks here who would never buy a new car, let alone one for $50k. It's a depreciating asset. But for those that would consider it, under what financial conditions would you do it? Hypothetically, if you were 35, had household income of $400k, and $2M NW, would you drop $50k on a ca...
by Dulocracy
Tue Dec 27, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $30K or pay down mortgage?
Replies: 10
Views: 2059

Re: Invest $30K or pay down mortgage?

I do hate debt! Don't we all? :greedy I hate debt, but I like money. You have a good rate on the mortgage. Realize that paying down the mortgage is the same on a balance sheet as purchasing bonds (although at a higher rate than bond funds will offer right now). In your shoes, I would keep paying to...
by Dulocracy
Tue Dec 27, 2016 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3270

Re: Help me understand if/why I should buy bonds in this environment

With a 30 year window and 12% bonds, why add more bonds? I wouldn't. Vanguards Target 2045 fund for 29 years out is at 11.5% cash and bonds added together.
by Dulocracy
Tue Dec 27, 2016 11:49 am
Forum: Personal Consumer Issues
Topic: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)
Replies: 30
Views: 5848

Re: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)

I have a quaint cabin with a tin roof in the middle of nowhere Georgia that I am selling (Edit: I have a purchaser, this is not an ad for the property). The purchaser is paying something like $240 a month for the 20 year mortgage (owner financed at 6% interest). 2br, 2bath. Regional medical center h...
by Dulocracy
Tue Dec 27, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Can I help settle my father in law's estate without an attorney?
Replies: 44
Views: 4103

Re: Can I help settle my father in law's estate without an attorney?

OP: If the attorney is asking for a percentage, he is likely handling ALL of the affairs of the estate: managing it. Think of it as an AUM fee. This you should be able to do on your own. It is (in most states) a criminal act for someone to handle the legal work of another without a license to practi...
by Dulocracy
Tue Dec 27, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Accidental Rental - Sell or "One more year"
Replies: 16
Views: 2005

Re: Accidental Rental - Sell or "One more year"

You have negative cash flow that is barely more than the amount of principal reduction. You have had one expense that ate up four month's worth of profit if you consider principal reduction after negative cash flow profit. Costs on rental properties tend to INCREASE over time. Someone covered the pa...
by Dulocracy
Tue Dec 27, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Bogleheads and stocks picking
Replies: 26
Views: 2860

Re: Bogleheads and stocks picking

I made out like a bandit on Bank of America. I bought lower in the market than Warren Buffet (although my stock was not preferred). I did so after a lot of research on Moynihan, the president. I did a little better than the market on a few others. I did horribly on a pharmaceutical company and a sol...
by Dulocracy
Tue Dec 27, 2016 10:50 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 16104

Re: I'll never save a 20% down payment. Rent for life?

OP: I got 100% financing with the closing costs tacked on to the mortgage (so over 100% financing). I had a 6.5% interest rate for the first mortgage and a 9.5% rate for the second. I bought at the top of the market, and prices dropped. Pretty bad, huh? I am 8 years in, and doing the math (including...
by Dulocracy
Tue Dec 27, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: What is a "standard" Small Cap tilt portfolio
Replies: 46
Views: 9234

Re: What is a "standard" Small Cap tilt portfolio

OP: There is no "standard". Da-da-daaa-dummmmm. (Scary music, as people on this site debate things like tilt to extremes). As you delve more into tilt, you will find that not only is there not a standard upon which all agree, but there are different tilts. For example, the 25 LV, 25 LB, 25 SV, 25 SB...
by Dulocracy
Thu Dec 22, 2016 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Asset Allocation Help
Replies: 4
Views: 653

Re: Portfolio Asset Allocation Help

That is a sensible allocation with a reasonable tilt. I will note that you do not give us the expense ratios, however. The small advantage offered by a tilt often does not outweigh a large expense ratio, meaning that your overall allocation may be unreasonable if the expenses are too high. In that ...
by Dulocracy
Thu Dec 22, 2016 1:39 pm
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 6843

Re: What are the REAL reasons to avoid international?

Currency risk is the only real issue, in my opinion. Sure, expense ratios are slightly higher in international, but only slightly. The tax drag really is small. Diversification benefits are actually pretty good. 0.8 Developed is not bad diversification. Of course, with 25% of my international in Eme...
by Dulocracy
Thu Dec 22, 2016 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 5038

Re: Pre-pay mortgage vs Taxable?

Do you count the principal part of the original payment as part of the negative bond strategy? To be clear, you ONLY count any extra payments to principal. You DO NOT include your regular payment (the interest or the principal), as that would be paid without this strategy or you lose your house. :s...
by Dulocracy
Thu Dec 22, 2016 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 5038

Re: Pre-pay mortgage vs Taxable?

Have you considered a reverse-bond strategy using the mortgage? (Treating mortgage paydown as a bond purchase - read for details of how this works, as there is an important component without which you are shooting yourself in the foot). Once your tax advantaged locations are filled, consider the int...
by Dulocracy
Thu Dec 22, 2016 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ne er-do-wells coming out of woodwork
Replies: 32
Views: 7641

Re: Ne er-do-wells coming out of woodwork

There have been several suggestions about what to do with the estate or the elder in question. Another idea that may help: If the activity seems intentional on the part of the ne'er do wells... Hire an attorney to draft a letter to the individual(s), explaining what protections there are under state...
by Dulocracy
Thu Dec 22, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: [Deleted]
Replies: 16
Views: 2131

Re: What to do with $10k bonus

Absolutely max the Roth, then put the remainder towards the auto loan.
by Dulocracy
Thu Dec 22, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 2290

Re: Can I volunteer while on sick leave?

Soon2BXProgrammer wrote: ASK HR.
Remember, your sick leave provider is an independent insurance company that does not care how much your company likes you. If they can stop paying, they will.

Is there a hybrid option? Partial sick leave/partial work? That could make everyone happy.

HR has your answers.
by Dulocracy
Thu Dec 22, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Asset Allocation Help
Replies: 4
Views: 653

Re: Portfolio Asset Allocation Help

That is a sensible allocation with a reasonable tilt. I will note that you do not give us the expense ratios, however. The small advantage offered by a tilt often does not outweigh a large expense ratio, meaning that your overall allocation may be unreasonable if the expenses are too high. In that c...
by Dulocracy
Thu Dec 22, 2016 10:37 am
Forum: Investing - Help with Personal Investments
Topic: how important is to have bonds on Brokerage account?
Replies: 5
Views: 1343

Re: how important is to have bonds on Brokerage account?

You will have to decide if you want muni bonds or to increase your bond holdings in tax advantaged accounts. If you do decide to go with bonds in taxable, however, of the three, I think your clear choice is the Vanguard California Intermediate-Term Tax Exempt Fund. You have the added benefit of not ...
by Dulocracy
Thu Dec 22, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Planning for my mom's retirement from scratch
Replies: 5
Views: 1105

Re: Planning for my mom's retirement from scratch

In an almost impossible situation, I do not see your plan as wrong. There is not much that you will likely get in response, as there is not much that CAN be done here. I will add that giving up a job, no matter what "work stress" is going on is a very bad idea in her situation. Honestly, she needs t...
by Dulocracy
Thu Dec 22, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1019167

Re: What Movie Have You Recently Watched?

Paprika. Really interesting. Really artsy. Animated. If you do not consider yourself to be artsy, don't watch it. If you do, it may be worth the time! I really enjoyed it.
by Dulocracy
Thu Dec 22, 2016 10:15 am
Forum: Personal Finance (Not Investing)
Topic: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance
Replies: 9
Views: 1650

Re: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance

I have no children, am not married, own no houses. As a strong advocate of wills: you do not really need a will under these circumstances. :beer 1) Who do you recommend for an umbrella insurance policy? Your primary insurance agent. Also, make sure you have enough auto insurance. The minimum is not...
by Dulocracy
Thu Dec 22, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How to Go from Buy-and-Holder of Individual Stocks to a Boglehead?
Replies: 28
Views: 2096

Re: How to Go from Buy-and-Holder of Individual Stocks to a Boglehead?

There are two ways of doing this that I have seen that make sense to me, both promoted on this site. Both start with selling the losers. Then, either: 1) Use the tax loss harvesting to sell the highest winners. These are the stocks that won, so sell and hold the middle. 2) Use the tax loss harvestin...
by Dulocracy
Thu Dec 22, 2016 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts about Roth IRA investment options?
Replies: 3
Views: 409

Re: Thoughts about Roth IRA investment options?

Also, to get more thoughtful answers to your question, try using this format:

viewtopic.php?t=6212

It gives us more information to work with, and we are more likely to give you advice that works for your situation.
by Dulocracy
Thu Dec 22, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 20838

Re: frustrating to keep investing in international/EM

Good post and all good value points. As for me, I have gone 20 years without it and at this point would not feel comfortable adding it. The best portfolio is one that enables me to sleep at night and my 65/35 stock/bond AA (all U.S.) enables me to do that. It took me to long to find my sweet spot. ...
by Dulocracy
Thu Dec 22, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts about Roth IRA investment options?
Replies: 3
Views: 409

Re: Thoughts about Roth IRA investment options?

Not to be overly simplistic, but what is her desired asset allocation? Has she already established her desired asset allocation? If so, she should always invest in that allocation, no matter what current valuations are, future prices may be, or future policy might or might not be. If she is 80/20 st...
by Dulocracy
Wed Dec 21, 2016 11:35 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 20838

Re: frustrating to keep investing in international/EM

I'll start you off with this article. http://www.bloomberg.com/news/2014-12-08/jack-bogle-i-wouldn-t-risk-investing-outside-the-u-s-.html Good Luck. Interesting. In that article, the question/answer posed about international/US and current US valuations is this: "OK, but U.S. stocks have more than ...