Search found 1822 matches

by Dulocracy
Tue May 03, 2016 1:59 pm
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 44
Views: 5009

Re: I cannot stop buying... [Investing/Personal Finance Books]

Money is just a tool not an end in itself. Speak for yourself. I like money for the sake of money. In video games, I always spent time grinding (where you go out and do the same thing over and over) for the purpose of building wealth. (After you slay the monsters and save the world, what are you go...
by Dulocracy
Tue May 03, 2016 1:11 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 1 — Asset Allocation and Time Horizon
Replies: 46
Views: 4804

Re: Classic Bernstein — Asset Allocation and Time Horizon

I very much appreciate the article. I especially enjoyed the, "don’t spend it all in one place." Of course, when I am getting a success of returns, I am asking what my chances of success are, presuming the 4 horsemen do not appear. If they do, this is not the appropriate planning method fo...
by Dulocracy
Tue May 03, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to protect kids from losing inheritance in case of a divorce
Replies: 29
Views: 4081

Re: How to protect kids from losing inheritance in case of a divorce

I handle these matters on a regular basis, and it is rarely creepy. The marriage is that of the child. The money, however, is that of the parent. Handled early, this can be handled well. On it's face, it sounds like you are suggesting the children sign a binding prenup at their parent's demand. Doe...
by Dulocracy
Tue May 03, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: A question about simulators' failure rate
Replies: 6
Views: 618

Re: A question about simulators' failure rate

My understanding is that the rate is based on the worst time period. That is, you buy stocks at the peak of the market, and they crash. After years of saving, the market peaks and again crashes... just in time for you to retire and start drawing down. Therefore, it is not the individual asset that i...
by Dulocracy
Tue May 03, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for Early Financial Independence
Replies: 27
Views: 1881

Re: Portfolio Help for Early Financial Independence

Hello, I am new to investing and new to this forum (although I have been lurking for a little while). I have recently affirmed my values and life goals, and have decided that I wish to achieve early financial independence within the next 15 years. I am currently working on reorganizing my existing ...
by Dulocracy
Tue Apr 19, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to protect kids from losing inheritance in case of a divorce
Replies: 29
Views: 4081

Re: How to protect kids from losing inheritance in case of a divorce

Re: Prenuptial agreement: For those reading who would consider such a thing, it is much more palatable to have an agreement that protects ONLY pre-martial assets and inheritances. I think it would potentially be manipulative and creepy to demand one's child sign a prenup. (It's not the parent's mar...
by Dulocracy
Tue Apr 19, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

No comments about the piracy? Bummer. To sit here with a chest of gold coins, clinking them together... But that is a different topic. I would be interested to see gold and commodities in isolation. My understanding was that gold did not improve the Sharpe ratio, but I have not run the numbers and d...
by Dulocracy
Tue Apr 19, 2016 11:24 am
Forum: Personal Finance (Not Investing)
Topic: How to protect kids from losing inheritance in case of a divorce
Replies: 29
Views: 4081

Re: How to protect kids from losing inheritance in case of a divorce

Re: Prenuptial agreement: For those reading who would consider such a thing, it is much more palatable to have an agreement that protects ONLY pre-martial assets and inheritances. You can define what is protected in almost any way you want, while still allowing for that which is accumulated together...
by Dulocracy
Wed Apr 13, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

I only brought up Dalio and other experts because earlier you qualified that is a requirement for you; that an "expert" has to support this view. I just wanted to ease your concern that, that requirement is met. Dalio is, matter-of-fact, widely regarded as an investing expert, regardless ...
by Dulocracy
Wed Apr 13, 2016 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Tilt or no tilt (mid 40s, $4-5M)
Replies: 56
Views: 4823

Re: Tilt or no tilt (mid 40s, $4-5M)

In mid-40's: no tilt. A tilt is a long term play. I like a tilt in my portfolio; however, as I age, I will diminish the tilt. For a tilt to pay off can take 30-40 years. In mid-40's, I would really suggest leaving the tilt alone (or doing it with a very small part of your portfolio). I actually woul...
by Dulocracy
Wed Apr 13, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

You are correct. It is gold both recommend against, sorry. Commodities, Rick, Taylor, and a slew of other authors recommend against on this site. Larry is the outsider on the commodity issue, but he recommends this category only as insurance, as he has elaborated on this website. The point remains,...
by Dulocracy
Wed Apr 13, 2016 10:08 am
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5243

Re: Total Bond Achilles Heel?

Noise. Ignore it. The same argument could be used that Stock funds have more of big companies, even when they have the greatest potential to fall in a collapse.

Indexing is a good way to invest. Do not be tempted away.
by Dulocracy
Wed Apr 13, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

Larry Swedroe actually not only supports commodities being in a portfolio, but also commodities actually made the top tier ("the good") in the exact book that you referenced. So since you specifically mentioned him as someone who you'd want to support the position, you've got it! You are ...
by Dulocracy
Wed Apr 13, 2016 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Appropriate Roth IRA allocation
Replies: 1
Views: 173

Re: Appropriate Roth IRA allocation

Typically, it is better to use the Roth IRA for stock funds. US or International does not matter as much, although there may be some tax benefits to having international in taxable. There are two reasons for this. 1) Stocks have a higher anticipated return. If you expect it to have a higher return, ...
by Dulocracy
Tue Apr 05, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Approach to rebalancing 401k with contributions only
Replies: 5
Views: 414

Re: Approach to rebalancing 401k with contributions only

I do what you are talking about. You cannot work in exacts, but rather in bands. Right now, I have two assets that should be at 10% each. Because they are out of proportion, I am contributing 5% to one and 15% to the other. This is not because they are 5% off, but because you have to apply more to m...
by Dulocracy
Tue Apr 05, 2016 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Which Funds Would You Hold in a Traditional IRA vs. a Roth?
Replies: 8
Views: 752

Re: Which Funds Would You Hold in a Traditional IRA vs. a Roth?

hafjell wrote:
retiredjg wrote:What do you mean "weren't in a position to pay for the back door Roth"?

Not sure. Perhaps I meant, I didn't have the money to pay the taxes? Isn't that how it works: put $ into traditional IRA, don't pay taxes; move it into a ROTH, pay taxes?


Correct.
by Dulocracy
Tue Apr 05, 2016 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

What I find attractive about gold and commodities is how they work in a portfolio.... If you want to see this in action, give the calculators at http://www.portfoliocharts.com a try. Make sure and try adding a little gold or commodities to your portfolio and let me know if you like the end result.....
by Dulocracy
Tue Apr 05, 2016 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Which Funds Would You Hold in a Traditional IRA vs. a Roth?
Replies: 8
Views: 752

Re: Which Funds Would You Hold in a Traditional IRA vs. a Roth?

As has been stated, you want the funds with the highest expected returns to be in the Roth. There are two main reasons for this. First, you limit your future tax liability, as the higher growth occurs in accounts where you will not pay taxes. This is a benefit, obviously, as you will have more growt...
by Dulocracy
Wed Mar 23, 2016 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

I suppose one could have comparable return from long bonds if we move to a decades long period of continuously declining negative interest rates. Seems like a stretch. Absent that it is hard to see how bonds could reproduce their performance of the last 30 years. But if we are choosing which asset ...
by Dulocracy
Tue Mar 22, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: Diversify with Intl Small Cap instead of EM?
Replies: 35
Views: 3116

Re: Diversify with Intl Small Cap instead of EM?

Why not both? I do not like too much of an asset class in any portion of my portfolio, so I have International, International Small, and EM. While not exactly my percentages, I would recommend 50% intl, 25% EM, and 25% intl small. Since international is 40% of my equities, and since having too smal...
by Dulocracy
Tue Mar 22, 2016 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio's All-Weather Portfolio
Replies: 56
Views: 20663

Re: Ray Dalio's All-Weather Portfolio

Bonds did perform well over the past 30 years in a falling interest rate environment. What will they do in a rising interest rate environment or stagnant interest rate environment? Mitigate risk, but certainly not perform as well as they did over the last 30 years in real return. Commodities may do...
by Dulocracy
Tue Mar 22, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: Where I Disagree with Vanguard - Alan Roth
Replies: 23
Views: 5941

Re: Where I Disagree with Vanguard - Alan Roth

I I am curious as to why the idea of individual bonds to avoid losing money in the fund is a silly idea. Certainly, you have the same interest rate risk, but you do not lose actual dollar value. It does not currently apply to me, as I am using my mortgage as a reverse-bond as the article states. Wh...
by Dulocracy
Tue Mar 22, 2016 9:24 am
Forum: Investing - Help with Personal Investments
Topic: [Three fund portfolio plus One]
Replies: 21
Views: 2227

Re: [Three fund portfolio plus One]

I think the difference between an individual and Vanguard's Life Strategy/Target Date funds is that most bogleheads do not rebalance daily. Rebalancing is important, and I will do it. However, I rebalance in bands. This means that I can take 100% from one asset, even if it tilts me a little towards ...
by Dulocracy
Tue Mar 22, 2016 9:12 am
Forum: Personal Consumer Issues
Topic: Black formal shoes with sneaker like support
Replies: 56
Views: 4593

Re: Black formal shoes with sneaker like support

Bush used to have a decent looking dress shoe that had a gel bottom. Not sure if they still have that or not. Rockport also had a very comfortable shoe. I tend to wear less comfortable Bostonian shoes, but I am not afraid to drop to a lower brand when needed. When I had some foot problems, the Bush ...
by Dulocracy
Fri Mar 11, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How Are Investment Gains Treated in Divorce?
Replies: 9
Views: 1064

Re: How Are Investment Gains Treated in Divorce?

The answer to this question depends entirely on the laws of the State in which you are divorced when you are divorced. Generally, the two most likely outcomes are: 1. $150k is all your separate property. 2. $100k is your separate property; $50k is marital property to be divided along with the rest ...
by Dulocracy
Fri Mar 11, 2016 3:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 17
Views: 1899

Re: Metro Atlanta Bogleheads Local Chapter

How did the survey go?
by Dulocracy
Fri Mar 11, 2016 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest while living in Ukraine?
Replies: 5
Views: 497

Re: How to invest while living in Ukraine?

While at first sounding quite appealing, please note that the article referenced looks, quacks, and swims like an advertising duck. It is all plus without pointing out the downsides. It lists specific properties for sale. It offers contact information to purchase said properties. While real estate m...
by Dulocracy
Fri Mar 11, 2016 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Tech-Tilted Investment Portfolio
Replies: 49
Views: 2869

Re: Tech-Tilted Investment Portfolio

I would love to hear thoughts from either of you in regards to whether there was a more effective, less-risky strategy to go about trying to invest directly in this industry, apart from the stock-picking approach I haphazardly came up with. Safer to simply just have a somewhat broader tech ETF like...
by Dulocracy
Fri Mar 11, 2016 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: [Three fund portfolio plus One]
Replies: 21
Views: 2227

Re: One fund or several in distribution?

]I am going to argue against the one-fund solution, at least in the distribution phase ... In the distribution phase, if you have one fund, you sell everything at once. No matter whether US stocks are up or down, international is up or down, or bonds are up or down, you sell all of them. Part of ou...
by Dulocracy
Fri Mar 11, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1427
Views: 738714

Re: The Three-Fund Portfolio

LadyGeek wrote:New member RobertLink09 is requesting help with his portfolio, which I have moved into a new thread: [Three fund portfolio plus One]


I honestly came here expecting LadyGeek to have said, "This topic has run its course and is locked."
by Dulocracy
Fri Mar 11, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loan or invest
Replies: 32
Views: 2360

Re: Pay off student loan or invest

Miriam2 wrote:Dulocracy -
This is a very helpful way of looking at this. :happy


Thanks! Glad to know my rantings were for someone's benefit other than to hear myself ramble! :sharebeer
by Dulocracy
Fri Mar 11, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: Diversify with Intl Small Cap instead of EM?
Replies: 35
Views: 3116

Re: Diversify with Intl Small Cap instead of EM?

Why not both? I do not like too much of an asset class in any portion of my portfolio, so I have International, International Small, and EM. While not exactly my percentages, I would recommend 50% intl, 25% EM, and 25% intl small. Since international is 40% of my equities, and since having too small...
by Dulocracy
Fri Mar 11, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loan or invest
Replies: 32
Views: 2360

Re: Pay off student loan or invest

As a high income earner, you have to look at strategy first, then math. First, put every penny in tax-advantaged space that you can. 401k, Roth IRA (backdoor), HSA, etc. As a high income earner, you will shoot yourself in the future if you do not do this. Trust me. When you lose that space, you can ...
by Dulocracy
Fri Mar 11, 2016 1:54 pm
Forum: Investing - Theory, News & General
Topic: Where I Disagree with Vanguard - Alan Roth
Replies: 23
Views: 5941

Re: Where I Disagree with Vanguard - Alan Roth

I very much appreciate the explanation of the managed payout fund, as I was considering suggesting that to my mother. I think I will continue to have her buy CD's with that money. I am curious as to why the idea of individual bonds to avoid losing money in the fund is a silly idea. Certainly, you ha...
by Dulocracy
Fri Mar 11, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Tech-Tilted Investment Portfolio
Replies: 49
Views: 2869

Re: Tech-Tilted Investment Portfolio

If anything, the "tech industry" is going to become a somewhat archaic classification system, with tech companies eventually dominating all sectors (and the current major players in other sectors having to adjust or die). You are an attorney, so I am going to be blunt. You can take it. By...
by Dulocracy
Fri Mar 11, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: [Three fund portfolio plus One]
Replies: 21
Views: 2227

Re: [Three fund portfolio plus One]

I am going to argue against the one-fund solution, at least in the distribution phase, but also a note in the accumulation phase. In the distribution phase, if you have one fund, you sell everything at once. No matter whether US stocks are up or down, international is up or down, or bonds are up or ...
by Dulocracy
Fri Mar 11, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: What to do if bonds have negative returns?
Replies: 58
Views: 6179

Re: What to do if bonds have negative returns?

I am using a reverse-bond strategy using my mortgage. Worried about events as of late, I decided to pay down my mortgage instead of buying bond funds. Essentially, the portion of my portfolio that would go to bonds is going into my mortgage. At 3.85% interest, it is better than the return I would ex...
by Dulocracy
Fri Mar 11, 2016 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation - latest from Rick Ferri
Replies: 38
Views: 6040

Re: Asset allocation - latest from Rick Ferri

I tilt small value, and I tilt hard to small/value. I like risk. I need risk. I started late, so I have the need and tolerance for risk, so I am taking it. I would NOT, however, go to 50% emerging. I have a 60 US / 40 International portfolio. Of the international portion, 25% is emerging, which is 1...
by Dulocracy
Fri Mar 11, 2016 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Help
Replies: 8
Views: 653

Re: Asset Allocation Help

In our written investment policy statement, we have a minimum of 30% stocks because of a study a boglehead posted about a year ago (I think?). I wish I kept the link. 40%-30% was the happy range for stocks in retirement to provide diversity that reduced volatility and made it more likely there was n...
by Dulocracy
Fri Mar 11, 2016 9:46 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 185
Views: 15968

Re: Netflix, Your Current Favorite Show

New Shows:
House of Cards
Blacklist

Older Shows on Netflix:
NCIS
MASH
Star Trek Voyager
Firefly
by Dulocracy
Fri Mar 11, 2016 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Need to split three-fund portfolio as investment grows?
Replies: 5
Views: 651

Re: Need to split three-fund portfolio as investment grows?

From someone who does break down his portfolio, let me give you a couple of ideas as to why you might consider additional funds. 1) You want to increase tax advantaged space. You have moved into taxable investing, and after considering muni-bond funds, you decide that they provide diversification an...
by Dulocracy
Fri Mar 11, 2016 9:21 am
Forum: Investing - Help with Personal Investments
Topic: How to invest while living in Ukraine?
Replies: 5
Views: 497

Re: How to invest while living in Ukraine?

Because we cannot get into political discussions on this board, I am limiting my reply. I will say simply that there are legitimate concerns to holding significant money in Ukraine at all right now, even if the conflict there is resolved. With that being said, it would likely be best to invest the m...
by Dulocracy
Fri Mar 11, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bonds Vs. Bond Index: How do I decide?
Replies: 4
Views: 694

Re: Municipal Bonds Vs. Bond Index: How do I decide?

Personally, I do it differently. I look at tax advantaged space as a whole. First, maximize tax advantaged space. You can never get this space back. If you do not put money into tax advantaged space, that space is lost. You would then want to make sure your stock/bond allocation is to your liking. I...
by Dulocracy
Tue Mar 08, 2016 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead oriented CPA in Atlanta?
Replies: 6
Views: 644

Re: Boglehead oriented CPA in Atlanta?

I sent the information along.
by Dulocracy
Tue Mar 08, 2016 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: We paid off our mortgage ...what to do with the extra money each month?
Replies: 28
Views: 3922

Re: We paid off our mortgage ...what to do with the extra money each month?

And I guess a question is do you need a house upgrade in 5 years? Is your house big enough for needs for your future family? If not I'd focus saving for that first. Yes - time to buy a bigger house! You're going to feel weird not having a mortgage, and people may treat you weirdly too. One way to g...
by Dulocracy
Tue Mar 08, 2016 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for person with false "Alcoholic" diagnosis
Replies: 100
Views: 8087

Re: Life Insurance for person with false "Alcoholic" diagnosis

Who was the agent? Can the agent shed light on what diagnosis would be beneficial before speaking to the doctor? At least that way, he will know what to ask the doctor, and if he falls in that category, he already knows that it is safe to ask for.
by Dulocracy
Tue Mar 08, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Timing?
Replies: 35
Views: 3934

Re: Early Retirement Timing?

One important thing to note is that Social Security rules may change between now and when you can file. For that reason, it is not prudent for an early retiree to count on Social Security benefits, but to think of them as a safety net. Of course, with your assets and pensions, you would be fine even...
by Dulocracy
Tue Mar 08, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead oriented CPA in Atlanta?
Replies: 6
Views: 644

Re: Boglehead oriented CPA in Atlanta?

I sent you a PM
by Dulocracy
Tue Mar 08, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's
Replies: 154
Views: 19641

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

After reviewing this thread, I am still of the opinion that a backdoor Roth is permissible. I will continue to make the contributions and then convert for both myself and my wife. I agree, however, that changing the law to allow for direct contribution for all would be best, but until that happens, ...
by Dulocracy
Thu Feb 25, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: What withdrawal % are you planning on?
Replies: 89
Views: 6180

Re: What withdrawal % are you planning on?

3%

Adding Characters not related to the answer so as to have the minimum number of characters. The answer to your question, however, is 3%.

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