Search found 95 matches

by Goodman60
Mon Jan 18, 2016 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

Please review the above posts. I don't have exact amount/percentages in exact funds with a complete history going back 18 years. And it did fluctuate (lower bond durations, less stock allocation, some REIT) over time. That's the best I can tell you, honestly.
by Goodman60
Thu Jan 14, 2016 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

I did some sniffing into the Wellington Fund. I see that it's 65/35. Am I correct that it SHOULD have a higher return than my 60/40 (original) and now 52/48 (was 55/45 for a long time) allocation? In other words, for the level of sort-intermediate term risk I am willing to accept, did I not do simil...
by Goodman60
Thu Jan 14, 2016 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

The above chart is useful. On the one hand, I guess I am doing much better than the average investor. At least from the statistics that I hear. On the other hand, I could have just bought Wellington and been done with it. But I only know that in hindsight. And my returns have been very tax efficient...
by Goodman60
Wed Jan 13, 2016 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

I prettied up one of my rough spreadsheets... This is quite valuable to me. Thank you. I never knew about the GEOMEAN function, but have now adjusted my own spreadsheet accordingly and get the numbers you come up with. Did you by any chance download the spreadsheet? And if so, were you able to run ...
by Goodman60
Wed Jan 13, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

How did you keep a 60% stock portfolio from only going down 1.73% in 2001 and 3.67% in 2002? The Total Stock market lost 15% and 22% respectively in 2001,2. Likewise how did you get your 60/40 portfolio to go up 20.62% in 2009 when the total stock index only went up 28%? Also I note that Vanguard R...
by Goodman60
Wed Jan 13, 2016 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

I prettied up one of my rough spreadsheets and made it compatible with Google's online spreadsheet package and added a bunch of comments showing how to build a table for irregular returns, which can then use the GEOMEAN() function to calculate the CAGR (Compound Annual Growth Rate) for a lump sum; ...
by Goodman60
Wed Jan 13, 2016 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

How Am I Doing? 18 Years of Data Postby Goodman60 ┬╗ Thu Jan 07, 2016 12:06 pm could you share your portfolios with us very interesting and want to learn from you Basically it's Vanguard Total Market on the equity side and short term Vanguard muni bond funds on the fixed income side. Early on I was ...
by Goodman60
Tue Jan 12, 2016 10:06 am
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

Re: How Am I Doing? 18 Years of Data

OP back again. This thread was very helpful for me. First, I learned that I have been incorrectly calculating my average annual returns. Unfortunately that means I did about half a percent worse than what I originally thought. Still, I'm close to 6% over roughly a "generation" where inflat...
by Goodman60
Thu Jan 07, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5490

How Am I Doing? 18 Years of Data

OK, how am I doing? In 1997, I finally understood that you can't time markets and pick stocks. Since then, I've had an indexed (mostly Vanguard) portfolio that was originally 60/40 and is now 52/48. I'm 56 years old and will let it drift as low as 50/50 if markets and new money make that happen. In ...
by Goodman60
Sat Dec 05, 2015 7:42 am
Forum: Personal Consumer Issues
Topic: Satellite Radio for a Car Not Specifically Wired
Replies: 15
Views: 1385

Re: Satellite Radio for a Car Not Specifically Wired

By the way, what is the current "deal" with them for service? I just got a bill for $204 each for 2 cars for 1 year of service. $408 for a year for 2 cars. Last year I got the same big bill and seem to recall that I called and got them down by about half. Do I wait and let the service expi...
by Goodman60
Fri Dec 04, 2015 11:51 pm
Forum: Personal Consumer Issues
Topic: Satellite Radio for a Car Not Specifically Wired
Replies: 15
Views: 1385

Re: Satellite Radio for a Car Not Specifically Wired

Would the phone option be a data hog?
by Goodman60
Fri Dec 04, 2015 5:48 pm
Forum: Personal Consumer Issues
Topic: Satellite Radio for a Car Not Specifically Wired
Replies: 15
Views: 1385

Satellite Radio for a Car Not Specifically Wired

I am interested in adding satellite radio to my 2014 Toyota Corolla. The car is obviously set up for it. Perhaps there is a Toyota plug in that would make it seem "factory ready". And if not, what might be some common "after market/stereo shop" options/cost?
by Goodman60
Mon Aug 31, 2015 11:58 am
Forum: Personal Consumer Issues
Topic: How Do You Find Employment Today?
Replies: 20
Views: 2763

How Do You Find Employment Today?

My wife worked for 10 years doing inside sales at a major big-box retailer. The pay was low but the family health insurance was key for us and the hours were good. She won many accolades for being the best salesperson in the region etc. Granted, it was all rah-rah with no real benefit other than con...
by Goodman60
Fri Mar 06, 2015 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

I think you have received more than a fair share of unpleasantness today, but I also think your daughter has already decided (even unconsciously) that she is not interested in a pre-nup. If she did have an interest, she would probably have asked you directly about it. I fear that you will be sorry ...
by Goodman60
Fri Mar 06, 2015 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

For clarification, as I stated above, the engagement has not happened yet, although the said they are looking at rings. It's gonna happen this summer. But has not happened yet.
by Goodman60
Fri Mar 06, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

Basically that's not true. I would probably have this issue with most. I admit that I should have become more focused on this earlier. And I admit that if it appeared that she was marrying someone who stood to lose more than she, I might not be as concerned. But it's not a personal thing, just look...
by Goodman60
Fri Mar 06, 2015 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

It's hard to argue that's unfair to either party in today's world. "In today's world". Yeah. It's not your father's Mad Men or Leave it to Beaver world. As a longtime reader of Bogleheads, it's very surprising to me that a very frank discussion of such a huge financial risk is still somew...
by Goodman60
Fri Mar 06, 2015 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

Except a prenup accomplishes none of those things. You've been told that repeatedly, but continue to ignore it. I don't know your fixation with prenups; but they are the wrong tool for the job, provided you don't want to protect assets already in your daughter's name. Future earnings and inheritanc...
by Goodman60
Fri Mar 06, 2015 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

The OP is looking for a constructive advice; not for cheerleading, reprimand, or an opinion poll. The OP's family has a much greater wealth, the OP's daughter has a much higher income, and he understandably wants to protect the family wealth and the daughter's well-being. The future son-in-law bein...
by Goodman60
Fri Mar 06, 2015 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: To the OP - a question

To the OP: Is there a reason you are refusing to consider dealing with this via trusts, while you do indeed still control the money? There seems to be an ongoing issue here with some sort of insisting upon working on daughter to get a pre-nup, and presumably a pre-nup that meets with your approval....
by Goodman60
Fri Mar 06, 2015 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

Thank you so much! Exactly! +100 on the last sentence especially. (I am the OP) It sounds like you came here with your mind already made up. Perhaps your spouse has a different opinion and you are looking for justification for your side of the argument. From your last few comments, I just don't fee...
by Goodman60
Fri Mar 06, 2015 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

Have the discussion and let her decide. I wish someone was there to suggest a prenup when I was her age. Yes! Also to all the posters who say, there isn't any reason to do this now since they don't have that much ..... Ummm have you thought that things might change during the next decade or two of ...
by Goodman60
Fri Mar 06, 2015 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

If there is any risk of your daughter taking the advice as "you doesn't trust my decisions or believe my marriage will work," then no, you should not say anything. No, there is not much risk of this. And we will convey that it's not that we think that something is wrong with the pending m...
by Goodman60
Fri Mar 06, 2015 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

I find it disturbing that any parent believes they do or should have that kind of control over their adult children. You need to recognize your role in the relationship. She's 25, let her make her own decisions. You can make suggestions but I'd caution that unsolicited advice can often be received ...
by Goodman60
Fri Mar 06, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

FRANK2009 wrote:Have the discussion and let her decide. I wish someone was there to suggest a prenup when I was her age.


That. (I am the original poster)
by Goodman60
Fri Mar 06, 2015 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

Another reason why so many single guys my age despise the idea of marriage. Too many daughters raised by parents like you. (I am the OP). I used to be a single guy your age. It's funny how, after 30 years of risking and sacrificing to accumulate wealth, perspective on how that wealth gets utilized ...
by Goodman60
Fri Mar 06, 2015 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

tibbitts wrote:
It doesn't sound like she or her kids are going to be destitute no matter what happens.


I see that as Irrelevant. I won't be destitute either if I lose half my wealth, but that's no reason to take an enormous risk of doing just that (losing half).
by Goodman60
Fri Mar 06, 2015 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Re: Does My Daughter Need A Prenup?

ShowMeTheER wrote:It sounds to me like your daughter is capable of making the decision on her own without pressure or prompting.


I guess the bigger question is whether it really is HER decision or OUR (including wife and) decision.
by Goodman60
Fri Mar 06, 2015 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8886

Does My Daughter Need A Prenup?

Our daughter, age 25, is a high earning professional with zero debt. Her boyfriend is 27 and is a very nice guy...my wife and I like him a lot. He shares our family values. He is in sales and does "OK", but earns only about 1/3 of what daughter earns. This probably won't change. Daughter s...
by Goodman60
Sat Aug 02, 2014 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Help With Employment Process
Replies: 4
Views: 530

Help With Employment Process

My wife worked for a major retailer, full time, for 10 years. The pay was lousy but the family health insurance made it a winner, and she liked the job until pressures from a shrinking industry forced out many of the full timers in favor of cheaper (no bennies) part timers. So she left the job at th...
by Goodman60
Sun Jul 07, 2013 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for grown kids
Replies: 29
Views: 3097

Re: Trusts for grown kids

If important money is involved, consultation with a lawyer competent in the trust and estate law of the relevant state would almost certainly be worth the cost. I would want a good deal more information than has surfaced in this discussion before giving legal advice to the op. General advice, yes. ...
by Goodman60
Sat Jul 06, 2013 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Deja vu: Bond funds lose money every year
Replies: 54
Views: 6465

Re: Deja vu: Bond funds lose money every year

What's different this time is the magnitude of the potential losses compared to prior periods. Bond yields are starting from close to zero this time.
by Goodman60
Sat Jul 06, 2013 1:53 pm
Forum: Investing - Theory, News & General
Topic: Why 4 Percent Annual Withdrawals are Still Safe
Replies: 38
Views: 3820

Re: Why 4 Percent Annual Withdrawals are Still Safe

It sounds like an alternate title could be: "You Probably Won't Live to 95, So Why Worry?"
by Goodman60
Fri Jul 05, 2013 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Portability, Bypass Trusts, Basis Step-ups, etc.
Replies: 18
Views: 1943

Re: Portability, Bypass Trusts, Basis Step-ups, etc.

I don't disagree. But it would just seem that if they accumulated this much this late in life and still haven't made an estate plans, they're PROBABLY going to shy away from anything that seems complex. But if the OP can get them to do it, he certainly should. I'm just saying if he CANNOT, a simple ...
by Goodman60
Fri Jul 05, 2013 1:50 pm
Forum: Investing - Theory, News & General
Topic: Fidelity GWLB (Guar Lifetime Withdrawal Benefit)
Replies: 3
Views: 552

Fidelity GWLB (Guar Lifetime Withdrawal Benefit)

A friend asked me about the Fidelity Guaranteed Lifetime Withdrawal Benefit. It appears to be an annuity. Can anyone explain this product? What are the pros and cons?
by Goodman60
Fri Jul 05, 2013 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Portability, Bypass Trusts, Basis Step-ups, etc.
Replies: 18
Views: 1943

Re: Portability, Bypass Trusts, Basis Step-ups, etc.

I'm no estate attorney and BSteiner ALWAYS gives good advice here. But it sounds like your parents are going to recoil at complexity. That being said, PAYABLE UPON DEATH/TRANSFERABLE UPON DEATH accounts probably is the easiest to understand, allows them continued lifetime control, and will at least ...
by Goodman60
Wed Jul 03, 2013 9:31 am
Forum: Investing - Theory, News & General
Topic: 2% 2-year CD
Replies: 12
Views: 3037

Re: 2% 2-year CD

I tried to find this through all the links provided and can find nothing.
by Goodman60
Fri Jun 14, 2013 8:45 am
Forum: Investing - Theory, News & General
Topic: Star Gazing Doesn't Help Your Return
Replies: 5
Views: 967

Re: Star Gazing Doesn't Help Your Return

Isn't there a current "mainstream" financial press writer who once wrote a book or two on investing based on astrology?
by Goodman60
Fri Jun 14, 2013 8:18 am
Forum: Personal Consumer Issues
Topic: Premium Products That Are Worth It To You
Replies: 361
Views: 46904

Re: Premium Products That Are Worth It To You

My THERMOPEN arrived today. Fabulous. Thank you for the recommendation.
by Goodman60
Fri Jun 14, 2013 8:14 am
Forum: Investing - Theory, News & General
Topic: Is 2% (1.8%) the new 4%?
Replies: 72
Views: 5454

Re: Is 2% (1.8%) the new 4%?

So are you saying this: Mr. Pfau says 1.8% is the inflation adjusted SWR number. But that assumes a 1% advisor fee. So the real number for Bogleheads is 2.8%. Right? No so punishing as merely 1.8%. And if this is true, the advisor fee amounts to 33% of a non-Boglehead's annual spending amount. In th...
by Goodman60
Thu Jun 13, 2013 10:11 pm
Forum: Investing - Theory, News & General
Topic: Is 2% (1.8%) the new 4%?
Replies: 72
Views: 5454

Re: Is 2% (1.8%) the new 4%?

I just listened to this podcast. One of the things Tressider talks about is how badly the situation is for someone who retired in 2000 and used a 4% withdrawal rate with annual inflation adjustments. I'm curious, has anyone done the numbers on that with a 50/50 or maybe 40/60 portfolio?
by Goodman60
Wed Jun 12, 2013 6:16 pm
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

What happens after a bad stock market year? I retired with $2M on 4/1/08. My twin also has $2M then, but works exactly one year longer. It's now 4/1/09. We both now have about $1.6M. I'm taking about $80,000 but how does the money know he can only take $64,000?
by Goodman60
Tue Jun 11, 2013 12:07 pm
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

For most people 2% is an oppressive number and perhaps more detrimental than 4%, which is more oppressive than the old 5 and 6 % numbers. Because they give up saving. Running out of money after 15-20 years at 4% is way better than retiring broke to begin with because retirement seemed unattainable. ...
by Goodman60
Tue Jun 11, 2013 9:30 am
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

MaryMom The only true Safe Withdrawal rate is the annuity (SPIA) rate (technically, the inflation linked SPIA rate-- but those are relatively rare). Even if you ignore the risk of insurance company failure, this is STILL a problem for high net worth investors in taxable (or even traditional IRA) ac...
by Goodman60
Tue Jun 11, 2013 9:27 am
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

SnapShots wrote: There's no perfect SWR. Cutting expenses and being flexible in spending is the best advice.


+1
by Goodman60
Tue Jun 11, 2013 9:26 am
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

TIPS won't work like this for large taxable accounts if inflation heats up. The actual effect on withdrawal rates is second-order and fairly limited, since you'd primarily be spending principal. In terms of liquidity, since taxes are due on phantom interest, one would need to plan accordingly or he...
by Goodman60
Mon Jun 10, 2013 7:36 pm
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

What safe asset today keeps up with inflation, doesn't fluctuate in value, can be bought in sufficient quantities and either doesn't have adverse tax consequences or can be held in a tax-advantaged account? ibonds and SPIAs seem the most promising, but they fail on at least one criteria. TIPS held ...
by Goodman60
Mon Jun 10, 2013 6:17 pm
Forum: Personal Consumer Issues
Topic: Used Hondas & Toyotas
Replies: 41
Views: 4457

Re: Used Hondas & Toyotas

Personally, I think the differences in the cars for the model years themselves has a big influence on if it is "worth it" to buy new or not. For example I wouldn't buy a 2012 Civic, it got so much criticism that even though it was a redesign, they did another redesign for 2013 which every...
by Goodman60
Mon Jun 10, 2013 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Transactional Existence vs Experiential Existenene
Replies: 1
Views: 320

Transactional Existence vs Experiential Existenene

A friend's adult daughter pointed out something to me that might be worth discussion here: The difference between transactional existence and experiential existence. One relative of hers lives for the next new toy...car, TV, bike, electronic...and another likes that stuff but mainly lives for winter...
by Goodman60
Mon Jun 10, 2013 10:05 am
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 11096

Re: Is 3% the new 4%

Stock market doubles in 3 years. We have people thinking 2.5% SWR is the new normal. Can someone fill me in what was being said between September 2008 and March 2009? Because I think it would be hilarious. While I know that past performance =/= future performance, we have the Trinity study that say...

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