Search found 3030 matches

by MnD
Tue Oct 17, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: 30th Anniversary of October 19, 1987 stock market crash
Replies: 36
Views: 2908

Re: 30th Anniversary of October 19, 1987 stock market crash

We started systematically investing in July 1986 (both age 24) so didn't have big bucks in the market by Oct 1987. By careful reading of Money Magazine and getting advice from my dad "to invest 50/50 cash and the market" we were mailing checks in monthly in a 50:50 ratio to Vanguard Money Market Pri...
by MnD
Sun Oct 15, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 464
Views: 42308

Re: Picking College and College Scholarships

Update on the State U route for STEM undergrad and grad school for high performing student. Over 2 years in at grad program. Passed her qualifying exams so officially now a PhD candidate. Has published papers and presented at several national and two international conferences. She loves grad school....
by MnD
Sat Oct 14, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13824

Re: What's your asset allocation and why?

IPS: AA 70/30, global market cap on US/ex-US equity, small cap tilt for US, rebalance when FI goes outside 27.5%-32.5% range. Current: 37.1% US Stock (small cap tilt) 33.6% Ex-US Stock (no tilt) 29.3% Fixed Income (75% stable value, 25% active global bond) 12 funds, 2 stocks, Weighted ER: 0.12% Why?...
by MnD
Mon Oct 09, 2017 11:55 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11786

Re: 100% in bond to wait for market crash?

I'm liking all these fear threads.
by MnD
Mon Oct 09, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 125
Views: 14659

Re: TSP to Vanguard?

Near-retirement - TSP C, I, G and S are our our core holdings although we have several other accounts elsewhere. Most of our holdings outside the TSP are in emerging market, small cap international and global bond funds. We use an account aggregator to ensure everything fits together as desired. The...
by MnD
Sun Oct 08, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 4137

Re: So... What bond fund or bond-like instrument do you use?

At risk of getting my Boglehead Card suspended, I don't buy into market cap indexing for fixed income. Investing the most in the biggest debtors at any level (country, corporation, agency, state or other municipality etc.) just doesn't resonate. I'm 75% TSP G fund (stable value) and 25% Dodge and Co...
by MnD
Sat Oct 07, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: CC online purchase at BestBuy denied - related to recent credit freeze?
Replies: 22
Views: 1264

Re: CC online purchase at BestBuy denied - related to recent credit freeze?

Capital One used to routinely deny my first routine purchases whenever we went to Hawaii (something we do annually). I would call and they would unlock the card and advise me to always let them know in advance when leaving the US. :mrgreen: Chase in contrast is top-notch on fraud filtering. Not perf...
by MnD
Sat Oct 07, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9772

Re: Current Bull Market could last years

10-year annual average return for Total US Stock is 7.7% and for Total International Stock is 1.3%. Ignoring any rebalancing benefits a 50:50 equity investor got 4.5% before inflation and taxes. Not exactly a decade of "stocks on fire". 20-year returns are equally unexciting although a little more b...
by MnD
Fri Oct 06, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1540
Views: 272984

Re: What are you up YTD? [Year To Date]

stimulacra wrote:
Thu Oct 05, 2017 12:01 am
Up 13.5%. 70% stocks, 25% bonds, 5% gold.
Up 13.5% 70% stocks, 30 % fixed income.
Global market cap on equity, mostly stable value on fixed income.
XIRR return.
by MnD
Tue Oct 03, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card budget
Replies: 10
Views: 1078

Re: Credit card budget

We take 100% of our decided upon savings out first. That savings has always been a pretty big % of income and enough to meet all of our early retirement and shorter term goals. That said, for 33 years now we have spent the remainder of our income like drunken sailors and that applied when we used ca...
by MnD
Sun Oct 01, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7047

Re: 3 stages of Financial Independence

Good list, but I would slightly modify what Timelord mentioned about there being a 'Number 4.' We can't ignore it. If the first three are Sufficiency, Comfort, and Abundance, then we must address the OMY situation as: 4. Failure to Accept — You have achieved option three, but are not convinced, or ...
by MnD
Sun Oct 01, 2017 6:21 pm
Forum: Investing - Theory, News & General
Topic: 2016 Federal Reserve Survey of Consumer Finances released
Replies: 4
Views: 859

Re: 2016 Federal Reserve Survey of Consumer Finances released

The $60K median retirement savings is conditional median (see table 3), meaning it's the median value of the 52% of households that have retirement accounts. So it's clear that the median retirement account savings of all households (including the 48% with $0) is still essentially nil. Not that $60K...
by MnD
Sun Oct 01, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 131
Views: 18328

Re: What age did you become debt free and what opportunities did it create?

Two weeks ago at age 55. I had 5 payments left but my stupid bank was going to escrow 45K worth of incoming insurance checks (for roof and siding hail damage) over the fact that they held a $5K mortgage on a 500K house. So I paid it off to avoid the escrow and now I'm going to pull all my business f...
by MnD
Sun Oct 01, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7047

Re: 3 stages of Financial Independence

We have a binary 0/1 threshold for FI. The point that we can support the same very non-frugal and comfortable financial lifestyle without the requirement to work for others that we have now while working for others. If one is forced to downsize everything financially in retirement and take on additi...
by MnD
Sat Sep 30, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7047

Re: 3 stages of Financial Independence

5) Dead - Your amazing level of financial independence awards you the title of richest person in the graveyard. N = years of retirement NH = years of retirement in an active healthy state OMY = Working one more year Each additional OMY (assuming in an active healthy state while working) will likely ...
by MnD
Sat Sep 30, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Should my wife start a 401k
Replies: 25
Views: 1157

Re: Should my wife start a 401k

Not even close - you should both max out 401-K's. At you gross income level that's a 20% savings rate. Very good but given a higher-income household - very prudent. When your wife initiates a $18K pre-tax 401-K, the hit to your household take-home income will only be about $12K. At your age, income ...
by MnD
Thu Sep 28, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4531

Re: Which bogleheads have a "high need to take risk"?

Hulbert1! This is an awesome post and I wish you and your wife the best. You had a plan and it seems to have worked out very well, especially for your earnings level while working. Sounds like your ace in the whole are low expenses so no worries. Maybe sell a little (10% 15% ?) of that facebook ever...
by MnD
Mon Sep 25, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is Personal Capital Wrong about 529 Plan Beneficiaries?
Replies: 15
Views: 1648

Re: Is Personal Capital Wrong about 529 Plan Beneficiaries?

Personal Capital is a nifty account aggregator but I've always completely ignored their research/blog/advice etc.
Very weak relative to the aggregation services.
by MnD
Sun Sep 24, 2017 10:29 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4683

Re: Research Associates Model Portfolios: ZERO % US stocks

i can't decide which is more brilliant. The 0% non-US stock argument or the 0% US stock argument. So I roughly split the difference using this "market cap index thingy" which is current at 52% US stock and 48% ex-US stock. Crazy I know - why would any Bogleheads follow a market cap weighted index ap...
by MnD
Sun Sep 24, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 68
Views: 5649

Re: What is FI if you love your job? [Financial Independence]

Loving your job isn't an entitlement and not something that's necessarily persistent. I loved my job for decades until 3 years ago. Many things have changed since them, all related to my employer and nothing I have control over. I pretty much hate it now and will be leaving within 2 to 13 months in ...
by MnD
Sat Sep 23, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 95
Views: 8710

Re: VG wants everyone to transfer to a brokerage account?

Why not push everyone over and be done with the legacy mutual fund account model? Incrementally it costs more and more per old style account to maintain the old system as it is depopulated. It's not like someone with 5 Vanguard mutual funds now in a VG brokerage account is going to get mad and switc...
by MnD
Sat Sep 23, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any retirees underestimate how much they need?
Replies: 1
Views: 685

Re: Any retirees underestimate how much they need?

Given how low retirement savings are in this country on average , it is hard to believe that so many can afford comfortable retirements at relatively young ages. Bogleheads aren't average (or median). Median household retirement account savings $8000 (ages 50-55) $17000 (ages 56-61). I don't see an...
by MnD
Sat Sep 23, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7372

Re: Help?! My 70 year old father is 100% invested in equities

Pension
Social Security
7-figure 100% equity portfolio with 3% SWR

Probably a better situation than 99% of 70 YO retirees.
by MnD
Sat Sep 23, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Struggling with tax implications
Replies: 22
Views: 2553

Re: Struggling with tax implications

You don't need to have your taxable managed as a conservative bond-rich sub-account because you might spend some. We have a 100% equity taxable account. If I want to spend say $50K of "fixed income" I sell 50K of equity in taxable and withdraw it and simultaneously buy 50K of equity in tax-sheltered...
by MnD
Thu Sep 21, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 4200

Re: measurement of success of investment(s)

I have 7 accounts and 18 individual positions (funds, stocks, etf's, cash), 70/30 stock to fixed income+cash ratio, global market cap in equities. I compare my performance to the most simple real world construction of my asset allocation which is 70% Vanguard Total World Stock (VT), 25% Total Bond M...
by MnD
Tue Sep 19, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax is a mess
Replies: 21
Views: 3520

Re: Equifax is a mess

livesoft wrote:
Thu Sep 14, 2017 12:55 pm
What's the rush anyways? I prefer to let others blaze this trail for me and then hike along the well-worn path in a few weeks. This way these agencies have a chance to work most of their bugs out.
Travel via stampeding herd doesn't get the best reviews for comfort and enjoyment.
by MnD
Tue Sep 19, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Online Bill Pay Security: Push or Pull?
Replies: 102
Views: 4607

Re: Online Bill Pay Security: Push or Pull?

For everything possible, autopay in full pull charge to one of 4 credit cards to maximize points/cash back. Then funnel those four credit card payments (from blue-chip CC issuing banks) as Autopay in full statement balance on the due date pull from checking. All due dates set/adjusted to the same da...
by MnD
Mon Sep 18, 2017 11:16 pm
Forum: Investing - Theory, News & General
Topic: Help! - How to improve small company 401k?
Replies: 19
Views: 1781

Re: Help! - How to improve small company 401k?

So my question is this: How do I, as the spouse of an employee, approach the management about improving the 401k? You as the spouse of an employee should not even think about approaching the management on this or any other issue. Your spouse and her employer are primarily in a voluntary arrangement...
by MnD
Sun Sep 17, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7011

Re: Distressing news -> Flight to Safety ?

@MnD I don't use TBM because of ideas presented by Larry Swedroe and Jack Bogle. I avoid EM when I can because it would be such a small amount of my portfolio and I don't need the worry however small or unlikely any risk may be. Whether "distressing news" has been properly priced is unknowable unti...
by MnD
Sat Sep 16, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7011

Re: Distressing news -> Flight to Safety ?

All the information and conjecture you have plus much more is priced into treasury, agency and corporate bonds. Your "event" might indeed happen and prices may move the opposite of your expectations. That's really common actually. So for this to work you have to be right about the event, right abou...
by MnD
Sat Sep 16, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7011

Re: Distressing news -> Flight to Safety ?

You we speaking as though the effect would be an unknown for 3-6 months, I would see it is more like a 1 month period at most, starting a week before landfall. My time frame estimate was based on Washington dysfunction but I didn't want to get into forbidden territory so I used the broader "distres...
by MnD
Sat Sep 16, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7011

Re: Distressing news -> Flight to Safety ?

And you will then move back into TBM when Washington is functioned like a well-oiled bipartisan machine, international bad guys all throw in the towel and are replaced with enlightened and benevolent democratic leadership and the weather and climate is just perfect coast to coast and will stay that ...
by MnD
Wed Sep 13, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else freeze their credit score?
Replies: 126
Views: 11378

Re: Anyone else freeze their credit score?

Nope - not going to pay money and spend time creating an ongoing cost and inconvenience for myself and family. We make 5-figures annually getting using premium reward cards and save a lot of other money by having and using a high credit score (insurance rates etc.) Just checked equifax site and got...
by MnD
Tue Sep 12, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10719

Re: The 10 year car ownership "rule"

At least 10 years and maybe much more works for me on a lifetime basis...... 77 datsun pickup 89 mazda pickup 05 Toyota pickup Total eclipse headquarters last month - not the dream campground by a long shot but was awesome site for total eclipse. 05 Toyota is not falling apart yet :mrgreen: https://...
by MnD
Mon Sep 11, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else freeze their credit score?
Replies: 126
Views: 11378

Re: Anyone else freeze their credit score?

Nope - not going to pay money and spend time creating an ongoing cost and inconvenience for myself and family. We make 5-figures annually getting using premium reward cards and save a lot of other money by having and using a high credit score (insurance rates etc.) Just checked equifax site and got...
by MnD
Mon Sep 11, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 47349

Re: Equifax customer information leak

Credit freeze/unfreeze scam is the new credit monitoring scam to boost bottom line for credit reporting companies. No surprise the latest massive release of PII is from a credit reporting agency - setting off a panic that will result in perhaps millions of new paying customers for freeze/unfreeze a...
by MnD
Mon Sep 11, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 47349

Re: Equifax customer information leak

Credit freeze/unfreeze scam is the new credit monitoring scam to boost bottom line for credit reporting companies. No surprise the latest massive release of PII is from a credit reporting agency - setting off a panic that will result in perhaps millions of new paying customers for freeze/unfreeze a...
by MnD
Sun Sep 10, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 47349

Re: Equifax customer information leak

Credit freeze/unfreeze scam is the new credit monitoring scam to boost bottom line for credit reporting companies. No surprise the latest massive release of PII is from a credit reporting agency - setting off a panic that will result in perhaps millions of new paying customers for freeze/unfreeze an...
by MnD
Sun Sep 10, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else freeze their credit score?
Replies: 126
Views: 11378

Re: Anyone else freeze their credit score?

Nope - not going to pay money and spend time creating an ongoing cost and inconvenience for myself and family. We make 5-figures annually getting using premium reward cards and save a lot of other money by having and using a high credit score (insurance rates etc.) Just checked equifax site and got...
by MnD
Sat Sep 09, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else freeze their credit score?
Replies: 126
Views: 11378

Re: Anyone else freeze their credit score?

Nope - not going to pay money and spend time creating an ongoing cost and inconvenience for myself and family. We make 5-figures annually getting using premium reward cards and save a lot of other money by having and using a high credit score (insurance rates etc.) Just checked equifax site and got ...
by MnD
Sat Sep 09, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8612

Re: For those planning early retirement....

1. What do you plan to do after you retire and how do you plan to pay for it? I often see people in here who leave very frugal lives. I am wondering what sort of post retirement activities fit into these austere personal budgets 2. Have you ever taken any significant length of time off during your ...
by MnD
Thu Sep 07, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 47349

Re: Equifax customer information leak

Not worried about it at all. I figure SS#, b-days and other PII has been out there for many or most a long long time ago. If anything, having even more out lessens the risk individually. We get a credit card hacked every few years and it's a few minute phone call to get that fixed. The monitoring se...
by MnD
Wed Sep 06, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 8237

Re: Do retiree BHs actually run down their portfolios?

The money hoarder branch of the BH's will do everything possible to avoid it, but most of the FIRE (financially independent retire early) crowd in BH-land likely doesn't have a problem with it if necessary. Very different personality types. After decades of savings, does preserving money mountain be...
by MnD
Mon Sep 04, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6435

Re: The "interest rates are so low....why would you"arguments

if you have a big expensive house you bought with "interest rates are so low" mentality and then interest rates go up - many people will will not be able to buy your big expensive house unless the selling price declines significantly.
by MnD
Mon Sep 04, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3693

Re: Jason Zweig's tax bomb example

If the fund does a lot of active trading and makes lots of capital gains distributions you pay tax (unless below the 25% bracket). Typically, you would have all such "earnings" reinvested back into the fund. This increases your cost basis in the fund so the net effect is just paying tax this year r...
by MnD
Mon Sep 04, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Has Firecalc or I-ORP altered your retirement plans?
Replies: 17
Views: 2004

Re: Has Firecalc or I-ORP altered your retirement plans?

Yes they (Homegrown spreadsheet, Schwab and Personal Capital monte-carlo and Cfiresim historical returns calculators) have added lines of evidence that my plan to retire at age 56 in 15 months is on track and "enough". Also supports that retirement at age 55 if i am offered a separation incentive th...
by MnD
Sat Sep 02, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3257

Re: OSWAN: Optimum Sleep Well At Night retirement plan

What's the struggle about? If you don't want to retire - then don't. Easy-peasy. I think where you go off the rails is where you characterise earlier retirement as: "giving up my entire income so I can sleep an extra hour in the morning seems like an awfully expensive luxury" and "While you may neve...
by MnD
Sat Sep 02, 2017 9:28 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3257

Re: OSWAN: Optimum Sleep Well At Night retirement plan

Terrible advice by OP. I'm retiring the second I am eligible in 11 months, or sooner if I am offered a separation incentive. I have just hit my number (whatever that means) but I will be financially independent with tons of flexibility around that number. Maybe timelord has an easy and/or wonderfull...