Search found 194 matches

by GAAP
Sat Apr 21, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for Use of Restricted Stock Units
Replies: 16
Views: 871

Re: Strategy for Use of Restricted Stock Units

I always cash them out the day they vest. Then you can use the money the same as you would any other part of compensation - put it in an IRA, invest in taxable, add to the EF, pay down debt, spend it on something you need. For me RSUs are a fairly big chunk of my bonus structure, and I am already h...
by GAAP
Thu Apr 19, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 92
Views: 20311

Re: Charles Schwab Checking + Brokerage Account

I was talking about international wires. You can wire money to the brokerage account and transfer it to checking, or transfer from checking into brokerage and then wire it out. My experience is that it is both easier and faster to do a wire from the brokerage account. It may even be cheaper, don't ...
by GAAP
Thu Apr 19, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Future College Costs
Replies: 18
Views: 1269

Re: Estimating Future College Costs

Maybe worth looking at: https://www.savingforcollege.com/tutorial101/the_real_cost_of_higher_education.php . One thing it does note is that the inflation rate for college is more like 5% -- which roughly matches my experiences a few years ago. I would probably plan on at least double the overall CPI...
by GAAP
Thu Apr 19, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7929

Re: “The Smell of Retiree Mon$y...”

This is different from the OP's situation, though, where it sounds like repeated (?) unsolicited home visits are continuing despite refusals. In my book that kind of behavior should threaten to knock 1-2 off those 5 stars they currently have (and management should be told so). Actually, it's worse ...
by GAAP
Thu Apr 19, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is best strategy for taking RMD from VG IRA
Replies: 26
Views: 1913

Re: What is best strategy for taking RMD from VG IRA

I'm assuming you have a desired allocation between the funds. In that case, use the RMDs to rebalance closer to that allocation.
by GAAP
Thu Apr 19, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7929

Re: “The Smell of Retiree Mon$y...”

Send them all a letter: "If I ever hear from one of your bequeathing representatives, you will be disinherited -- no second chances". Then, follow through...

+1 on never telling them in the first place.
by GAAP
Thu Apr 19, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: How good are Vanguard bond funds?
Replies: 52
Views: 4719

Re: How good are Vanguard bond funds?

PIMCO seems to be really big on derivatives. To me, that says they're basically faking the index, not actually following it. I'm sure it works -- until it doesn't...
by GAAP
Thu Apr 19, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review looking to retire in 1-2 years
Replies: 23
Views: 2479

Re: Portfolio review looking to retire in 1-2 years

The only place where I can significantly up tax-advantaged bond allocation relative to portfolio size is in DCP, where my choices are somewhat limited: PIM TOTAL RT INST (PTTRX) VANG ST BD IDX IS PL (VBIPX) PIM UNCONSTRNED BD I (PFIUX) PIMCO REAL RTN BD AD (PARRX) VANG HI YLD CORP ADM (VWEAX) Any i...
by GAAP
Thu Apr 19, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Are you keeping more in cash?
Replies: 31
Views: 4215

Re: Are you keeping more in cash?

Yes and No. Yes, in that I just sold a house, and haven't decided what to do with all of the proceeds yet. No, in that it's a function of a one-time change, not a planned event. To me, "cash" holdings mean a need for immediate liquid access to funds. That need could be for opportunistic investments,...
by GAAP
Wed Apr 18, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review looking to retire in 1-2 years
Replies: 23
Views: 2479

Re: Portfolio review looking to retire in 1-2 years

I'm roughly on the same timing as you, my approach to those questions: #2: Some of my decisions (and changes over the years) are based upon my wife's comfort level and a lot on simplification. Therefore, I have a fixed asset allocation that needs only 4 ETFs in my IRAs, combined with three similar f...
by GAAP
Wed Apr 18, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 1576

Re: Please help me with arguments for/against actively managed...

For that active manager to do sufficiently well to justify the fee, some other active manager must be doing sufficiently poorly. How does your friend know that they chose the right manager?
by GAAP
Wed Apr 18, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Hampers Pension Plans
Replies: 30
Views: 2756

Re: Larry Swedroe: What Hampers Pension Plans

Why in the world should any of the shortfall be "eaten" by the beneficiaries? They're not the ones playing games to artificially reduce the annual required contributions! If nothing is done, then the choice becomes reduce benefits or increase contributions. The people making contributions may very ...
by GAAP
Wed Apr 18, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review looking to retire in 1-2 years
Replies: 23
Views: 2479

Re: Portfolio review looking to retire in 1-2 years

Is it better to focus on VTI, intl, or bonds in taxable? Or just keep the same split in taxable and tax-advantaged? "focusing" on bonds in taxable would probably generate a lot of immediate taxable income -- is that what you want? It also looks like you would be subject to potential capital gains t...
by GAAP
Wed Apr 18, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Hampers Pension Plans
Replies: 30
Views: 2756

Re: Larry Swedroe: What Hampers Pension Plans

There's a reason I discount defined benefits for my planning based upon their funding level -- yes, including Social Security. It's actually somewhat funny/depressing that the best-funded defined benefit for us is the PBGC owned pension from a prior, now bankrupt, employer... The question in the end...
by GAAP
Wed Apr 18, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review looking to retire in 1-2 years
Replies: 23
Views: 2479

Re: Portfolio review looking to retire in 1-2 years

I would be nervous about keeping those RSUs -- I'm assuming they're from your current employer, or at least in the same industry.

I sell all employer stock grants, matching fund donations, etc. as soon as I get them -- one employer has since gone bankrupt, and I do remember Enron.
by GAAP
Wed Apr 18, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: diversifying with multiple accounts
Replies: 6
Views: 273

Re: diversifying with multiple accounts

Misc. random thoughts: You could use the ETF equivalents to get Admiral Share expense ratios. If you think Roth conversions may be in your future, then putting the categories likeliest to grow in the Roth accounts may reduce future tax costs with the conversions. If you automatically reinvest your d...
by GAAP
Wed Apr 18, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 5066

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

not4me wrote:
Wed Apr 18, 2018 12:43 pm
But, I would have expected them to be somewhat based on needing risk to "manage".
Maybe the only risk is a lack of new things to sell to suckers...
by GAAP
Wed Apr 18, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1157

Re: Open Office Calc problem

Do you have sufficient access to use named cells on the data sheet? Might work -- haven't actually tried it.
by GAAP
Wed Apr 18, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Will question
Replies: 28
Views: 2338

Re: Will question

You need a more qualified attorney. These are routine questions for someone who practices estates and trusts law. This. I can't believe the attorney couldn't answer your basic questions. Leads me to query whether the will was done adequately. Ditto. Take a look at http://www.naepc.org/designations/...
by GAAP
Wed Apr 18, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Theoretical question. What would happen if 100% of investors are buy and hold.
Replies: 19
Views: 2017

Re: Theoretical question. What would happen if 100% of investors are buy and hold.

Maybe it's just me, but when I see EMH discussions, they seem to assume that price is the only reason to buy/sell. I know I've done so for other rational reasons, related to other needs. Buy and hold for one investor could mean: -- Until I need the funds to buy a house. -- Until I die and the assets...
by GAAP
Wed Apr 18, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: What can I do with cash in my emergency account
Replies: 10
Views: 1125

Re: What can I do with cash in my emergency account

Posted this earlier today: Schwab article for those that may have a need: https://www.schwab.com/resource-center/insights/content/short-term-investment-options-rising-rate-volatile-market-environment . Key Points Today investors can get better returns on money invested for near-term needs than they ...
by GAAP
Wed Apr 18, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Short-Term Investment Options for a Rising-Rate, Volatile-Market Environment
Replies: 4
Views: 462

Short-Term Investment Options for a Rising-Rate, Volatile-Market Environment

Schwab article for those that may have a need: https://www.schwab.com/resource-center/insights/content/short-term-investment-options-rising-rate-volatile-market-environment . Key Points Today investors can get better returns on money invested for near-term needs than they could during the era of zer...
by GAAP
Wed Apr 18, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2396

Re: Corporate Leveling

One of the variants for my employer is to move you into a different business unit with different benefit packages -- notably vacation accrual. I know people that lost a week of vacation that way.
by GAAP
Wed Apr 18, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10808

Re: Quitting job - what to do if getting walked to the door

The process at my employer would be to walk you out the door -- without allowing you to take any personal items. Two managers would then evaluate the items in the office, box them up, and provide an opportunity to claim them. As for COBRA, the process here would actual involve a retroactive applicat...
by GAAP
Tue Apr 17, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: car at 80
Replies: 59
Views: 4180

Re: car at 80

+1 on tires -- there are far more bad-poor all-season tires than good ones. The best are really good on snow, ice and wet pavement. The worst aren't as good as regular tires. AWD is helpful when conditions while driving change suddenly -- rounding a curve and hitting a slick spot, for example. As a ...
by GAAP
Tue Apr 17, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets - Extending historical returns
Replies: 20
Views: 2611

Re: Emerging Markets - Extending historical returns

Sounds to me like you're doing the best you can with the data you can find. The planning engineer in me says you can't hope for much more than that.
by GAAP
Tue Apr 17, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: car at 80
Replies: 59
Views: 4180

Re: car at 80

I suggest you get a new Subaru sedan or SUV. All Subaru models have four wheel drive, even the sedans, and they all have a lot of latest safety features. If I was forced to live in a snow belt climate, there is no way I'd spend winter driving any thing but a four wheel drive vehicle. Agree with Sub...
by GAAP
Mon Apr 16, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8070

Re: Should we save for our son's college?

You can: Save for his education, and spend it on his education when he goes to college, allowing him to graduate without excessive debts. Save for his education, see him join the military and not need to spend it on his education at all. Save for his education, see him choose not to go to college, a...
by GAAP
Mon Apr 16, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Car Loan vs Home Mortgage
Replies: 28
Views: 2121

Re: Car Loan vs Home Mortgage

I would pay off the car first -- don't like paying interest to own a depreciating asset. Houses at least usually appreciate approximately with inflation -- although that is extremely local (I've had one go down significantly). 3.5% nominal is pretty cheap for a real asset. 1% nominal on top of 10-2...
by GAAP
Sun Apr 15, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to Invest College/Med School Fund?
Replies: 7
Views: 363

Re: How to Invest College/Med School Fund?

My choice a few years back was BIV -- Vanguard Intermediate Term Bond ETF. It generally kept ahead of inflation, always outperformed money market, and usually threw off enough dividends to avoid a lot of sales. Not reinvesting dividends in a mutual fund made the tax record keeping much less onerous ...
by GAAP
Sun Apr 15, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Decisions on a Two Car Strategy
Replies: 24
Views: 2055

Re: Decisions on a Two Car Strategy

~100K miles? Those cars are just getting warmed up. We've run most of ours for over 300K, my truck closer to 400K. I've got almost 100K on my motorcycle... 15K miles a year is roughly average, those cars should be good for another decade or more. I agree with no loans -- the only car loan that I wou...
by GAAP
Sun Apr 15, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Car Loan vs Home Mortgage
Replies: 28
Views: 2121

Re: Car Loan vs Home Mortgage

As a rough guess, and not quite clear on your mortgage, I think you'll pay it down about 5 years early with your current plan and ~9 years early with an extra $600 payment. Use the tool at https://www.calculator.net/mortgage-payoff-calculator.html?cloanamount=300000&cloanterm=20&cinterestrate=3.5&cr...
by GAAP
Sun Apr 15, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: "Volatility is Back"
Replies: 5
Views: 693

Re: "Volatility is Back"

I've been only vaguely aware of recent volatility -- primarily by seeing headlines on the TV screens at the gym. I find it a lot easier to "do nothing" if I don't pay attention to short-term changes... I buy whatever asset is the farthest below allocation as cash becomes available -- buying low for ...
by GAAP
Sun Apr 15, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 22
Views: 1480

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

I want to take risks in stocks, not bonds, I'm guessing you're defining "risk" as volatility? I use BNDX (International Bonds -- USD Hedged) to protect against -- and hopefully profit from -- different risks. In a global market that has some very large players, monies will flow between fixed income...
by GAAP
Sat Apr 14, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 113
Views: 9856

Re: Trinity Study updated to 2018

Taylor had the great luck to retire in 1982. What about the Taylors of 1966 and 1939? My father died in 1981 at age 53, with no pension. My mother took the ~150K insurance proceeds and lived on them until 2015 using basically the same method as Taylor. In that time, she helped two children with col...
by GAAP
Sat Apr 14, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 22
Views: 1480

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

zaboomafoozarg wrote:
Sat Apr 14, 2018 10:03 am
25% of my bonds are in Vanguard Total International Bond Index Fund Admiral Shares (VTABX).
25% of my holdings are in the ETF equivalent -- BNDX.
by GAAP
Sat Apr 14, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Wire Transfer to Vanguard
Replies: 6
Views: 557

Re: Wire Transfer to Vanguard

Yes, a couple of weeks ago from Schwab -- no problems. Very slightly harder than going the other way due to minor differences in the two user interfaces.
by GAAP
Sat Apr 14, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Retirement Mechanics
Replies: 13
Views: 1720

Re: Retirement Mechanics

dbr wrote:
Sat Apr 14, 2018 8:39 am

*You do not have to make the payment due on January 15, 2019, if you file your 2018 tax return by January 31, 2019 and pay the entire balance due with your return.
Good luck getting all of your 1099 info in time to do that...
by GAAP
Fri Apr 13, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Retirement Mechanics
Replies: 13
Views: 1720

Re: Retirement Mechanics

Not retired yet, but my thoughts are: 1. Depends on what I'm doing. If I'm on an extended trip, I might put several months into cash. If I don't need the money right away, then withdraw what I need for the next month. 2. No plans to use a COLA. Planning to use a variable withdrawal method and any CO...
by GAAP
Fri Apr 13, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 62
Views: 8263

Re: Why am I even holding BND? It has only been losing me money.

Fundamentally, because the OP doesn't understand why the AA was chosen -- or at least hasn't internalized the answer and the corresponding implications.
by GAAP
Fri Apr 13, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Is a reduction of my home's assessed value a bad thing?
Replies: 21
Views: 1191

Re: Is a reduction of my home's assessed value a bad thing?

I've never understood the philosophy of adjusting property prices upon sale. In CT, the official policy is if you have similar houses of similar age in a given location, the owners will pay roughly the same tax whether you've owned for 30 days or 30 years. Aren't you getting the same "benefits" reg...
by GAAP
Fri Apr 13, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5223

Re: Alternative website for those in lower tax brackets?

This is the template some people are looking for. What can reasonably be achieved on median incomes, currently around 58k. In 1990, The median national income was $30K and I made $31K as a single person. So, more income per capita, but also higher costs per capita. I saved the maximum allowed in my...
by GAAP
Fri Apr 13, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 209
Views: 11125

Re: Work Commute: How far is too far?

A 60-minute commute for me would be quite a bit different if I went north instead of south. North would take me through a large military base, and multiple metro areas. South would take me through the country on a good interstate. It's not just the time or distance, it's the associated stress level ...
by GAAP
Fri Apr 13, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Cedar Fence: is Maintenance required?
Replies: 30
Views: 1974

Re: Cedar Fence: is Maintenance required?

We installed a cedar fence and were told no maintenance was required. About five years later, it's deteriorating rapidly. My partner feels strongly about getting wood, but I"m lobbying for synthetic next time. This was way too expensive and installation is disruptive to have it rot away in no time....
by GAAP
Wed Apr 11, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11353

Re: What is your AA, given your age? and, Why?

I've done some more thinking about my past choices and what I would suggest to my children -- or do now if just starting out. I came to realize that my issue with X-age is that it ties the allocation to my age, and only indirectly to my expected needs. I would be much happier with something that was...
by GAAP
Tue Apr 10, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5223

Re: Alternative website for those in lower tax brackets?

I did not mean to imply I did not like the Bogleheads site. I do. And although the most dyed-in-the-wool Bogleheads may not veer from the 3-fund portfolio, I think the philosophy embraces a much wider audience. Even that may entail where and when to place the 3 funds. You could implement a three-fu...
by GAAP
Tue Apr 10, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: How Often Do Stocks & Bonds Suffer Concurrent Losses?
Replies: 30
Views: 2430

Re: How Often Do Stocks & Bonds Suffer Concurrent Losses?

I would like to see if the relationship holds or is amelliorated for globally diversified stocks and bonds. Are there data sources available for that?
by GAAP
Tue Apr 10, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Recordkeeping system for retirees
Replies: 25
Views: 2605

Re: Recordkeeping system for retirees

Dropbox for cloud storage space (cost depends on how much space and features you need). Anything I wouldn't want globally published is stored in a VeraCrypt volume located inside the Dropbox folder -- using multiple layers of encryption, very large keys, and starting with highly-randomized seeds. A ...
by GAAP
Tue Apr 10, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Travel Rewards/Prague/Budapest
Replies: 14
Views: 752

Re: Travel Rewards/Prague/Budapest

Budapest: Hospital in the Rock

Fascinating and cheap, English-speaking tour guides are readily available. Last I heard, Hungary has the highest rate of non-native English-speaking people in Europe -- language shouldn't be a problem for you pretty much anywhere you're likely to go.
by GAAP
Sat Apr 07, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11353

Re: What is your AA, given your age? and, Why?

Age: Late 50's AA: 40% VT (Total World Stock), 10% VNQ (US REIT), 25% BND (US Bond Market), 25% BNDX (Ex-US Bond Market, USD Hedged). 50/50 equity/fixed-income since those are fundamentally different investment types. REIT is equity -- but it zigzags differently than stocks and bonds, allowing for b...