Search found 3681 matches

by Levett
Tue Feb 09, 2016 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to respond to a siblings who gloats over a great stock pick?
Replies: 45
Views: 2313

Re: How to respond to a siblings who gloats over a great stock pick?

It appears to me that the original post is not about skill, luck, or indexing.

The issue is sibling rivalry. Always a toughie. :wink:

Lev
by Levett
Thu Feb 04, 2016 7:55 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 3763

Re: Take the Verb Tense Pledge!

This whole thread makes me tense. :wink:

Lev
by Levett
Thu Feb 04, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley and Wellington instead of VTINX?
Replies: 15
Views: 1446

Re: Wellesley and Wellington instead of VTINX?

Willie, Don't underestimate what you wrote--e.g., "I have been satisfied with the results for the most part." Sleeping well and satisfaction are a Big Deal. Thinking the "grass may be greener" could be a path to something less than satisfaction in the future. I don't know. But ar...
by Levett
Wed Feb 03, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Is TIAA-CREF one of the "good guys"?
Replies: 43
Views: 4384

Re: Is TIAA-CREF one of the "good guys"?

I am not an expert, but I'm an old TIAA guy (won't be that long til it's 50 yrs--sheesh :wink: ).

Traditional, when I was in accumulation stage, was 100% of my bond allocation.

In retirement, Traditional remains the majority (not the total) of fixed income.

Lev
by Levett
Wed Feb 03, 2016 11:09 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2357

Re: TIAA Re Acct. B/S & performance (Jan)

Hi Garco,

We see the Real Estate Account and the General Account (source of funds for TIAA Traditional) the same way. I draw on both in retirement.

Lev
by Levett
Wed Feb 03, 2016 7:14 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2357

Re: TIAA Re Acct. B/S & performance (Jan)

Hi Garco, I have a different understanding--subject to correction. Look at this link. https://www.tiaa-cref.org/public/tcam/Investment/Commentary?symbol=41091375 The TIAA real estate variable annuity account has been managed by members of the global real estate team (although Mr. Garbutt appears to ...
by Levett
Wed Feb 03, 2016 6:57 am
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6405

Re: What age did you retire

58th birthday.

Retired and got married the same month!

I am all gratitude. :D

Lev
by Levett
Tue Feb 02, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Silent Investor Owed Lots of Money
Replies: 33
Views: 2361

Re: Silent Investor Owed Lots of Money

Under the circumstances, I would consider hiring a private investigator to examine the neighbor's finances. If the investigator finds what appears to be your suspicion (unpayable loans), I would show the report to your FIL. Your FIL can then decide on his own how to proceed, especially if he has the...
by Levett
Tue Feb 02, 2016 4:46 pm
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2357

Re: TIAA Re Acct. B/S & performance (Jan)

New TIAA announcement re management of $100 billion in global real assets:

https://www.tiaa-cref.org/public/about/ ... se628.html

Lev
by Levett
Mon Feb 01, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7536

Re: Make your retirement money last

digarei and I had similar experiences.

I completely agree with Larry Swedroe's assessment:

"there really is no more trustworthy financial journalist than Jane Bryant Quinn"

Quinn is just soooo accessible and sensible.

Lev
by Levett
Mon Feb 01, 2016 4:26 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4048

Re: Charles Ellis' suggested portfolios by age

"As always would love to hear your opinions."

My opinion is that Charles Ellis has his opinion, which is one of many, but it is is not my opinion (or practice). :idea:

Lev
by Levett
Sun Jan 31, 2016 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 64
Views: 10293

Re: Retirement - Ten key years

Nisiprius observed: "Planning psychologically for retirement." That's my observation of myself (in year 16 of retirement) and other retirees. That's also the weakest link I see in many advisers. Many understand numbers; very few understand people. I talked with countless retirees prior to ...
by Levett
Thu Jan 28, 2016 7:08 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Reports Lower Expense Ratios"
Replies: 11
Views: 992

Re: Lower expense ratios posted

Svensk, I looked at the long list of funds and then the individual funds, and I think the announcement has a consistent typo throughout. I believe these are 2016, not 2015, changes (I can see them in my account). That explains why Vanguard would so prominently feature the changes at their website. Lev
by Levett
Thu Jan 28, 2016 5:50 pm
Forum: Personal Consumer Issues
Topic: Most efficient way to improve my writing ability?
Replies: 56
Views: 2583

Re: Most efficient way to improve my writing ability?

I agree with Teague. You have provided us with two samples of your writing, You are fine (unless you meet up with a prof obsessed with "correctness."). Your concern is with writing a lengthy (by your standards) research paper that may be required by the program. You didn't say whether it's...
by Levett
Thu Jan 28, 2016 4:22 pm
Forum: Personal Consumer Issues
Topic: WSJ subscription, any deals?
Replies: 14
Views: 1587

Re: WSJ subscription, any deals?

Yes. If you have unused airlines miles, use Mags for Miles.

Been playing the game for a long, long time.

Lev
by Levett
Thu Jan 28, 2016 12:34 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Reports Lower Expense Ratios"
Replies: 11
Views: 992

Lower expense ratios posted

I didn't see this info posted. (Forgive my blindness if I missed it).

https://investor.vanguard.com/investing ... io-changes

Certainly grand news for my portfolio. :thumbsup

Lev
by Levett
Tue Jan 26, 2016 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Should Long Term Care Insurance be part of my portfolio ?
Replies: 38
Views: 2291

Re: Should Long Term Care Insurance be part of my portfolio ?

Hi Steve, Take a look at this link from the Dept. of Health and Human Services to average long term care costs in every state. http://longtermcare.gov/costs-how-to-pay/costs-of-care-in-your-state/ Use the pull down menu to select type of cost. Imagine the unimaginable (this seems to be why you purch...
by Levett
Mon Jan 25, 2016 4:52 pm
Forum: Investing - Theory, News & General
Topic: Michael Burry (The Big Short) recommends Canadian bank accounts
Replies: 30
Views: 4382

Re: Michael Burry (The Big Short) recommends Canadian bank accounts

"Subjecting your "safe" assets to the volatility of foreign exchange is a very dangerous game."

Amen!

Lev
by Levett
Mon Jan 25, 2016 4:15 pm
Forum: Investing - Theory, News & General
Topic: Michael Burry (The Big Short) recommends Canadian bank accounts
Replies: 30
Views: 4382

Re: Michael Burry (The Big Short) recommends Canadian bank accounts

The date of the video is April, 14, 2011.

Has the sky fallen? :wink:

Lev
by Levett
Mon Jan 25, 2016 7:16 am
Forum: Local Chapters and Bogleheads Community
Topic: Where is YDNAL?
Replies: 49
Views: 6290

Re: Where is YDNAL?

My recollection is that Landy lived in Florida. He was a helpful level-headed poster. I, too, miss sscritic. I can't think of many posters who provided more accurate information than him. He was an enormous help to me, and I would guess (from posts in the past) that he was an enormous help to many o...
by Levett
Sun Jan 24, 2016 3:13 pm
Forum: Investing - Theory, News & General
Topic: Zweig WSJ: "Market ‘Capitulation’ Is Nowhere in Sight (So Far)"
Replies: 16
Views: 2426

Re: Zweig WSJ: "Market ‘Capitulation’ Is Nowhere in Sight (So Far)"

Nedsaid wrote: " They are supposedly the "dumb" money and the institutions are the "smart money." Here's the deal: the so-called "dumb" money retail investor stands pat and/or keeps investing while the "smart" money institutional guys outsmart themselves,...
by Levett
Sat Jan 23, 2016 7:31 am
Forum: Investing - Theory, News & General
Topic: Paper: Passive Investors, Not Passive Owners
Replies: 3
Views: 634

Re: Paper: Passive Investors, Not Passive Owners

And this may be another recent response: DAVOS, Switzerland and TORONTO and NEW YORK, Jan. 21, 2016 /PRNewswire/ -- As large institutional investors' concern about the short-termism in the capital markets grow, S&P Dow Jones Indices (S&P DJI), one of the world's leading index providers, laun...
by Levett
Fri Jan 22, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 7013

Re: Most anticipated retirement purchase

Hi Fallible,

Thanks for the link--e.g., "gratitude can mean a long, healthy life."

Now, what I gotta do is make the money last as long as the gratitude! :wink:

Lev
by Levett
Fri Jan 22, 2016 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 7013

Re: Most anticipated retirement purchase

As I approached retirement, my one desire was for autonomy. And in retirement I've got it (and a ton of gratitude). 8-)

Lev
by Levett
Fri Jan 22, 2016 7:09 am
Forum: Local Chapters and Bogleheads Community
Topic: Hope everyone is well [Preparing for Eastern US blizzard]
Replies: 102
Views: 4990

Re: Hope everyone is well

Yes. Those in the affected areas please stay safe.

Lev
by Levett
Thu Jan 21, 2016 7:32 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 51
Views: 3597

Re: Vanguard Store Items

I wear the cap to the gym.

The high fee insurance agents hate it. :twisted:

The cap is cool under any circumstances.

Lev
by Levett
Wed Jan 20, 2016 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Market down - lost alot of $ - nervous..
Replies: 60
Views: 6844

Re: Market down - lost alot of $ - nervous..

In a previous post you indicated you are 32 years old and have a salary of $110K.

The answer is simple: don't do anything.

You may live to 100!

Ten years from now you likely won't remember today or tomorrow or the next month or ten.

Lev
by Levett
Wed Jan 20, 2016 6:34 am
Forum: Personal Consumer Issues
Topic: Retiring and people seem to avoid me
Replies: 66
Views: 7904

Re: Retiring and people seem to aviod me

Some of us have other lives we want to live, and by the grace of God we get to do it when we retire. Some simply can't imagine another life separate from work, and God bless 'em as well. I would not take what you perceive as "avoidance" personally. It's just that you have stepped into an u...
by Levett
Tue Jan 19, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: "Do You Need to Diversify by Fund Company?"
Replies: 51
Views: 3647

Re: "Do You Need to Diversify by Fund Company?"

"After being so cautious and diversifying so much in my investment, why would I want a single point of failure then, in where my investments are kept?"

Exactly.

And why, to put it bluntly, should I care what Mr. Kinnel believes?

Lev
by Levett
Tue Jan 19, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Do retirees care about their credit score?
Replies: 35
Views: 2317

Re: Do retirees care about their credit score?

This retiree cares a lot about his credit score.

I also cared just as much when I wasn't retired.

Lev
by Levett
Tue Jan 19, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: "Do You Need to Diversify by Fund Company?"
Replies: 51
Views: 3647

Re: "Do You Need to Diversify by Fund Company?"

HueyLD wrote:

"The old saying "don't put all your eggs in one basket" is as valid today as the bygone days."

This old guy agrees with the old saying. :thumbsup

Lev
by Levett
Fri Jan 15, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Tell me about Expected Family Contribution for college
Replies: 59
Views: 3334

Re: Tell me about Expected Family Contribution for college

Twins Fan observed:

"You have many threads going on"

Context can be particular meaningful.

Lev
by Levett
Thu Jan 14, 2016 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree Dilemma
Replies: 22
Views: 3375

Re: Retiree Dilemma

Hi laurence, You do have an ace up your sleeve in that you are apparently aware of and willing to move to another less expensive country--e.g., "People talk about "inflation protection". My inflation protection is spend less. I recently returned from 2 months in India where I can live...
by Levett
Thu Jan 14, 2016 11:27 am
Forum: Investing - Theory, News & General
Topic: The Most Important Chart of 2015
Replies: 21
Views: 2291

Re: The Most Important Chart of 2015

pvd observed:

"Looks like contango with divergence based on various outliers."

I don't know how I missed that! :wink:

L:ev
by Levett
Thu Jan 14, 2016 6:38 am
Forum: Investing - Theory, News & General
Topic: The Most Important Chart of 2015
Replies: 21
Views: 2291

Re: The Most Important Chart of 2015

I find Pie A more aesthetically pleasing--that's better than actionable!

Lev
by Levett
Wed Jan 13, 2016 5:10 pm
Forum: Investing - Theory, News & General
Topic: Another use for (competitively priced) Single Premium Immediate Annuities
Replies: 21
Views: 1317

Re: Another use for (competitively priced) Single Premium Immediate Annuities

Although I am a younger annuitant than Taylor, let me just add that for those who have RMDs (from non-annuitized assets) in excess of their needs, you can pass along your annual distributions--up to the legal limit--to your beneficiaries. I can assure you that they will appreciate it! It's much more...
by Levett
Tue Jan 12, 2016 7:46 pm
Forum: Investing - Theory, News & General
Topic: What would you tell your 25 yr old self?
Replies: 99
Views: 6272

Re: What would you tell your 25 yr old self?

You're gonna have a far better life than you could ever have imagined (and I don't mean money).

That would have been 48 years ago.

Lev
by Levett
Sun Jan 10, 2016 10:56 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13804

Re: The Big Short

"It's nominated in four Golden Globes categories tonight, all comedy."

That's right.

It was never entered as a documentary, and yet so many finance types seem to think the film (a fiction) was obligated to be "truthful." :confused

Lev
by Levett
Sat Jan 09, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: 2000-2005 Retirees please share your wisdom
Replies: 8
Views: 1230

Re: 2000-2005 Retirees please share your wisdom

I retired in 2000. I haven't any secret sauce other than to say do your best to assess how much (or how little) you can psychologically withstand in the way of dollar "losses" (they are only losses when you realize them). Since it was important to me (psychologically and financially) to mi...
by Levett
Fri Jan 08, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: "Ten Bear Market Truths"
Replies: 16
Views: 2479

Re: "Ten Bear Market Truths"

Fallible,

Yes. I used "Behavioral" as a tip of the hat to Thaler.

Specifically, I had in mind Myopic Loss Aversion. :wink:

Lev
by Levett
Fri Jan 08, 2016 5:11 pm
Forum: Investing - Theory, News & General
Topic: "Ten Bear Market Truths"
Replies: 16
Views: 2479

Re: "Ten Bear Market Truths"

" Are we in a bear market? " Great question! Judging by a number of recent posts, which are apparently motivated by the desire to support grieving investors (in anticipation of an imminent [?] catastrophe), I guess we must at least be in a Behavioral Bear Market . Fear is presumed to stalk...
by Levett
Thu Jan 07, 2016 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA CREF Bond Fund
Replies: 5
Views: 384

Re: TIAA CREF Bond Fund

TIAA-CREF presented you with a perfectly transparent response.

The CREF Bond Market is just that--a variable annuity that reinvests, not distributes, its income.

It's not a mutual fund.

Lev
by Levett
Tue Jan 05, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Reallocate all funds in old 401k to TIAA Traditional?
Replies: 5
Views: 326

Re: Reallocate all funds in old 401k to TIAA Traditional?

R3 is the lowest expense ratio version. That's a +. It sounds like you have a Traditional RA (Retirement Annuity) since you require 9 years + 1 day to liquidate. You may be receiving 4% on your money. That's a +. It appears that you have what TIAA calls "older vintages" in your Traditional...
by Levett
Sun Jan 03, 2016 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio frustration
Replies: 8
Views: 902

Re: Portfolio frustration

Judging by your few previous posts, your plan is less than a year old.

Are you investing for the short haul or the long haul?

If the short haul, it's pointless to have a plan.

The CFP provided you with a long-term plan.

Lev
by Levett
Sat Jan 02, 2016 7:39 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13804

Re: The Big Short

Very good film. Catches the madness of crowds. I was very surprised by the audience (full house) that attended. It ranged from kids in their 20s to elders like me. I had no idea the film would have such broad appeal. I loved the "just kidding" maneuver near the end of the film. The perpetr...
by Levett
Wed Dec 23, 2015 3:54 pm
Forum: Investing - Theory, News & General
Topic: Opinions on Burton Malkiel's personal portfolio?
Replies: 28
Views: 2820

Re: Opinions on Burton Malkiel's personal portfolio?

"FWIW IMO Malkiel, like many, cannot resist the chance to be active, but at least he "sins a little", not a lot."

I don't know much about sin, but it's in Malkiel's economic business interest to take his current position.

Can you say Wealthfront? :wink:

Lev
by Levett
Wed Dec 23, 2015 3:39 pm
Forum: Investing - Theory, News & General
Topic: International Bonds in Target funds
Replies: 24
Views: 2330

Re: International Bonds in Target funds

" For those of you that are older or have more conservative life strategy/target funds do you have same concerns over inter. bonds? " No (not to be confused with "know" :) ). I am older than dirt and have a position in a tax-deferred account in VTXVX along with Wellesley. I just ...

Go to advanced search