Search found 2787 matches

by MnD
Sat Feb 25, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: TSP Participant Account Balances
Replies: 43
Views: 8148

Re: TSP Participant Account Balances

TSP marks its 30th year in 2017, and I imagine many GS-scale feds out there nearing the end of their FERS careers have earned their TSP million(s) the "hard way". I am in the 30-year class of first TSP contribution in April 1987 and continuous participation since then. Haven't quite joine...
by MnD
Wed Feb 22, 2017 8:07 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 2471

Re: Bogleheads work BECAUSE its hard

I don't think that it is "hard". I think that it is somewhat an inborn trait. Human beings are hardwired to be bad investors. This has been discussed numerous times. The field of behavioral finance is replete with literature supporting this. I am willing to bet that bogleheads who are abl...
by MnD
Mon Feb 20, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 9921

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

If we told non-BHs that they could only expect a 2.5% WR, many, if not most, would justly ask "Then what's the point of saving and investing? I won't have enough to meet my expenses at that rate until I'm nearly dead." If I told my wife in late 2018 we could now start withdrawing 2.5% ann...
by MnD
Mon Feb 20, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 9921

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

I think 4% plus CPI is too conservative especially for anyone with meaningful levels of other income sources such that they can handle some income variation. And If one can't handle any variation, one has to wonder why someone is retiring on the bleeding edge of covering the basics. 5% of a 70/30 an...
by MnD
Sun Feb 19, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 9921

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

I already told you. When bond rates are low (due to lower rates), equities perform better. When bond rates go up (due to higher rates), equities tend to suffer. A balanced portfolio has both, and the historic record clearly shows that this is a good defensive mechanism for retirees. Believe what yo...
by MnD
Sun Feb 19, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 9921

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

It is pretty easy to say the next 10 years are going to be dicey. Historically after a 8 years of great returns the next decade is a bit dicier. But trying to extrapolate beyond that is guess work. Long term nobody knows what the global economy growth rate will be over the next 30 years. The nomina...
by MnD
Sat Feb 18, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 9921

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

The elephant in the room is that a percentage of Bogleheads don't really want to spend any of the mountain of financial assets they have spent a lifetime accumulating. Anything that can justify an ever-lower SWR % is music to their ears. In the threads where retirees discuss their actual SWR's it is...
by MnD
Wed Feb 15, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1210
Views: 149828

Re: What's Your Credit Card Rewards Strategy?

You could join AAdvantage Dining and United Dining rewards programs as a means to generate activity to keep your mileage points active, assuming that you live in or visit an area that has participating restaurants. If that's the sole purpose of keeping your two airlines cards, and you don't benefit...
by MnD
Wed Feb 15, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 6691

Re: Credit cards vs. Cash

We budget our savings and take that out every two weeks automatically, do not budget our spending and charge absolutely everything possible. Our savings is "enough" and we enjoy life in the present with the remainder or sock any remainder away in our "spending" account for large ...
by MnD
Tue Feb 14, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Planning for Retirement: Why do it the recommended way?
Replies: 26
Views: 2534

Re: Planning for Retirement: Why do it the recommended way?

We just kept increasing our 401-K contributions as our incomes rose until finally both were maxed out. That was enough to meet our retirement savings needs. Due to job changes/rollovers we ended up with plenty in IRA's to provide flexibility in investment options. In 30 years we've never had an cash...
by MnD
Mon Feb 13, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: S&P up over 20% in the last 12 months
Replies: 19
Views: 1624

Re: S&P up over 20% in the last 12 months

Small cap value (VBR) is up 42.5% in the past year if that makes you feel any better about the S&P 500 being up 20%. 8-)
by MnD
Mon Feb 13, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Putting entire 401(k) balance in a single fund
Replies: 14
Views: 1658

Re: Putting entire 401(k) balance in a single fund

Thanks for all the comments and suggestions so far. Have not seen anyone commenting on BlackRock S&P 500 Index Fund Class (WFSPX) being a feeder fund. Does it matter or it does not at all? I suggest you start by describing why you consider it to be a "feeder fund" and what the definit...
by MnD
Sun Feb 12, 2017 3:04 pm
Forum: Investing - Theory, News & General
Topic: Schwab retirement index funds
Replies: 11
Views: 1525

Re: Schwab retirement index funds

For one thing, the cash helps Schwab make money off of their clients which lets them have a lower expense ratio. They could even subsidize the expense ratio to be lower if they wanted to with all the money they make for themelves from the clients' cash. Now if you told me that the cash was paying a...
by MnD
Sun Feb 12, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Schwab retirement index funds
Replies: 11
Views: 1525

Re: Schwab retirement index funds

I was looking on their website and at the retirement index funds 2015 and 2020 and it clearly says it.2020 17.09 pct cash Suggest you provide a link as you seem to be citing "alternative facts" from what Schwab is reporting on-line about cash holdings their new low cost target date index ...
by MnD
Sat Feb 11, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: 'Won the game', but what factors could potentially derail it?
Replies: 57
Views: 4331

Re: 'Won the game', but what factors could potentially derail it?

Think of all the taxes and savings type expenses that fall away once you are in retirement. Passive income isn't taxed for SS or Medicare, your mortgage will be paid off, kids through school, no more maxing 401ks or shoving an additional $X into the taxable account each year. If you are a saver a l...
by MnD
Sat Feb 11, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 210898

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

2016 XIRR = +9.3% Benchmark return= +6.9%, so I beat my benchmark by 2.4 percentage points 2016 asset allocation = 75% Global market cap stocks, 25% fixed income and cash. 2016 Benchmark was 75% Total World stock market (VT), 20% Total Bond Market (BND) and 5% Money Market Prime (VMMXX). 2016 XIRR ...
by MnD
Sat Feb 11, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: 'Won the game', but what factors could potentially derail it?
Replies: 57
Views: 4331

Re: 'Won the game', but what factors could potentially derail it?

'Won the game', but what factors could potentially derail it? Ok! Based on certain criteria (May be 30 X their annual income or something similar) an individual comes to the conclusion they've won the game and their marginal utility of wealth is almost zero. Some recommend reducing risk at this poi...
by MnD
Tue Feb 07, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 66
Views: 9670

Re: A note of caution from Robert Shiller

The CAPE ratio has signaled that equities were overvalued in no fewer than 416 of 422 months between 1981 and 2015 in no small part due to accounting changes that systematically affected the computation of S&P 500 earnings. I've been investing since 1986 and had I paid any attention to Shiller/C...
by MnD
Mon Feb 06, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: Costs of the TSP? is it self-sustained?
Replies: 33
Views: 3107

Re: Costs of the TSP? is it self-sustained?

It is not clear to me if the G fund is subsidized. It for sure doesn't have risk comparable to its actual interest rate. The TSP G fund has a yield and characteristics similiar to that of good stable value fund offerings that are typically in 401-k's of large employer, albeit with a federal guarant...
by MnD
Mon Feb 06, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 57
Views: 5280

Re: TSP Expense Ratio jumps to 0.038%

The 401-K only (and only for those with employers that offer one) for our retirement system has been a massive failure for the masses by any objective measure. In 2010 the median retirement savings balance in the US for households is $3,000 and $12,000 for those age 55-64. http://www.nirsonline.org...
by MnD
Sun Feb 05, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 57
Views: 5280

Re: TSP Expense Ratio jumps to 0.038%

Do any of you wonder about the widespread anger at federal government employees? It is nearly beyond my comprehension that such folks complain about the TSP - when the costs (expense ratio) is so incredibly low and federal employees still have a defined benefit pension plan as well. Is there widesp...
by MnD
Sun Feb 05, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 57
Views: 5280

Re: TSP Expense Ratio jumps to 0.038%

The ER has been 0.29%. Though it's still lower than anything else we have. This will make the decision to get completely out of TSP when DW retires (because of the limited withdrawal options) into Vanguard institutional that much easier. Until Vanguard comes out with a government bond fund with a d...
by MnD
Sun Jan 29, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance when you meet your number
Replies: 106
Views: 9727

Re: Risk tolerance when you meet your number

For decades I've been comfortable with between 67% and 80% in equities depending on gradually shifting risk tolerance, various life and family situations and financial education. Still pre-retirement but recently as key "numbers" have been reached I've dialed back a bit from 75% to 70%. I ...
by MnD
Sat Jan 28, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Shopping for best HELOC - any tips?
Replies: 1
Views: 234

Shopping for best HELOC - any tips?

My bank over the phone quoted me: 3.91% (Prime + .16%) $150K (30% of available equity, home is worth $500K with a $15K mortgage) 10 year draw and no minimum draw No annual fee No closing costs I then went to my bank web site and entered the same particulars I gave over the phone and it quoted 3.61% ...
by MnD
Mon Jan 16, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: To those with a pension...
Replies: 52
Views: 6507

Re: To those with a pension...

A No. Our savings rate was/is a function of balancing current needs and wants with the desire for future financial independence. Even if you work in a job with pension benefits, you have no idea if you will stay with that employer and/or if the pension benefits will be curtailed/frozen. B Yes - defi...
by MnD
Wed Jan 11, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting tires from Costco
Replies: 68
Views: 5654

Re: Thinking of getting tires from Costco

Regarding the difficulty with free rotations at Costco - I had a set of Michelin tires wear out (with very even wear on all 4) prematurely at around 30K miles. They were on an all-wheel vehicle driven mostly in the mountains - perfect case for fast tire wear. Costco would not honor the 70K mileage w...
by MnD
Sun Jan 01, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Changes in Emerging Market Funds
Replies: 3
Views: 617

Re: Changes in Emerging Market Funds

Happy New Year to all, They used to be tilted to small cap and mid caps. They have changed over the years to more large and mid cap companies. They more closely reflect the entire international market. Seems different enough to me to hold for diversification. 2016 Vanguard FTSE Developed Markets ET...
by MnD
Sat Dec 31, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 210898

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

2016 XIRR = +9.3% Benchmark return= +6.9%, so I beat my benchmark by 2.4 percentage points 2016 asset allocation = 75% Global market cap stocks, 25% fixed income and cash. 2016 Benchmark was 75% Total World stock market (VT), 20% Total Bond Market (BND) and 5% Money Market Prime (VMMXX). 2016 XIRR b...
by MnD
Thu Dec 29, 2016 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: TSP F Fund or Vanguard Funds?
Replies: 38
Views: 2094

Re: TSP F Fund or Vanguard Funds?

Vanguard Total Bond Market (same as F fund) are mostly an intermediate term government bond fund. The Vanguard Intermediate Term Treasury fund is 100% IT govt bond fund. All of the above are lousy picks if you have access to the G fund. The G fund has the yield of a Intermediate term Treasury fund a...
by MnD
Mon Dec 26, 2016 8:57 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 8297

Re: Remember what it was like before the recession?

It's beyond the pre-recession situation here in Denver metro to the upside. Everything is way beyond the peak of the 2006-2007 economy. Home prices and demand, rents, traffic, employment, trying to get a table at a good restaurant..... The sale of $22/pound crab legs at Costco was something to see l...
by MnD
Sun Dec 25, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 2908

Re: International Index Funds

I don't choose a split but rather hold US and non-US in their proportion to global market cap. As of 11/30/2016 that is 54% US/46% non-US. Years and decades from now I very much doubt the split will be 54%/46% but I don't care. The proportion will adjust automatically without any need for rebalancin...
by MnD
Sat Dec 24, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Best candidate for a high deductible health plan?
Replies: 4
Views: 775

Re: Best candidate for a high deductible health plan?

You like your doctors and other providers and your wife's family plan is very generous. Why add another layer of financial complexity and risk in your situation? I know families with kids on HDHP+HSA who have their HSA's wiped out every few years plus major out-of-pocket because with a household of ...
by MnD
Wed Dec 21, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 5393

Re: What are the REAL reasons to avoid international?

The flip side - reasons to avoid US equities. Our one pension claim, two claims on Social Security along with the value of our home and collectibles and fixed income holdings are almost 100% dependent on the health of the US economy, government and currency. So while we are global market cap weighte...
by MnD
Mon Dec 19, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 6271

Re: Charles Schwab Experiences?

20+ years and a great experience. We've had just about every kind of brokerage account they offered plus various mortgage loans, checking, ESA's, credit cards........ Excellent service, low costs and no complaints. When my last parent passed I had to divide and distribute two of their accounts into ...
by MnD
Sat Dec 10, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: How do you "value" your portfolio for SWR?
Replies: 35
Views: 2523

Re: How do you "value" your portfolio for SWR?

Our actual withdrawal approach will be 5% of annual portfolio value. It compensates for big swings in portfolio value and might be appropriate for those that can handle the income variability. Unlike 4% inflation-adjusted approach you have no portfolio failures and no run-away portfolios where you d...
by MnD
Sat Dec 03, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 315
Views: 19937

Re: Picking College and College Scholarships

My daughter had a perfect ACT, 31 IB/AP credits, top 5 GPA from an enormous high school where 1/3 the class was IB and tons of extracurricular accomplishments with top leadership roles. And she didn't get into MIT or Stanford. They are looking for students with journal articles, successful non-profi...
by MnD
Fri Dec 02, 2016 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 107
Views: 10811

Re: Handling "drive-by" doctoring bills following surgery?

After reading some of that NY Times article with out of network surprise doctors billing $50k, 100k, 150k, ect. you'd think that the insurance company would dictate to the hospital that if they're in network they can't use any out of network personnel in their hospital. After all, the insurance com...
by MnD
Thu Dec 01, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax available
Replies: 12
Views: 2455

Re: TurboTax available

Nearly A Moose wrote:Thanks for the heads up. When historically is the cheapest time to buy, assuming you don't have some special discount through another company?


i bought it too soon at Costco last year. They do a big price reduction right after New Years if I recall.
by MnD
Wed Nov 30, 2016 11:46 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6716

Re: Should I buy a new car for safety's sake?

My vehicles have been: used 1977 Datsun Pickup new 1989 Mazda Pickup new 2005 Toyota Pickup Wife's vehicles have been: very used 1966 Volvo wagon new 1987 Toyota Corolla new 1997 Subaru Outback new 2010 Nissan Altima Hybrid We are retiring in less than 2 years in our mid 50's and all set financially...
by MnD
Wed Nov 30, 2016 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 107
Views: 10811

Re: Handling "drive-by" doctoring bills following surgery?

Update! So now 50 weeks from surgery date I have not received any balance bill or any other contact from the two out-of-network mystery nerve monitoring doctors that I had zero knowledge of before, during and after surgery. But just last week i received a cc letter from my insurer to them denying an...
by MnD
Mon Nov 14, 2016 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: The Stages of Retirement Saving
Replies: 17
Views: 3358

Re: The Stages of Retirement Saving

Always had one number - enough to support same financial lifestyle as when working (plus a buffer) when not working. Shedding debt and dependants are as important as savings in this equation if not more so. 22 months out and looking good - set my date in 1990 and haven't changed it other than a few ...
by MnD
Sun Nov 06, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: Fear in Taxable
Replies: 17
Views: 2740

Re: Fear in Taxable

You should be good to go then if you want to move over.
Don't transfer a pile of in-kind ETF's to Vanguard - sell everything at a small net loss at Betterment and start fresh with buying a much simplified mix of funds or ETF's at Vanguard.
by MnD
Sun Nov 06, 2016 9:44 am
Forum: Investing - Theory, News & General
Topic: Fear in Taxable
Replies: 17
Views: 2740

Re: Fear in Taxable

Betterment uses broad-based low-cost index ETF's from Vanguard, Schwab and iShares. It should all transfer in-kind but you'll likely end up with a pile of perhaps 10 ETF's or more to manage. Since you are on the brink of getting to .10% management expense in Betterment have you considered just stayi...
by MnD
Sat Nov 05, 2016 11:52 am
Forum: Investing - Theory, News & General
Topic: What percentage of a portfolio should be in international stocks ?
Replies: 101
Views: 8222

Re: What percentage of a portfolio should be in international stocks ?

Global market cap which by definition entails no tilting or rebalancing.
Not an all eggs in one basket sort of person.
by MnD
Thu Oct 27, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Sep 2016 CPI-U is out--->contribution limits
Replies: 6
Views: 1034

Re: Sep 2016 CPI-U is out--->contribution limits

So the 401-K elective deferral is up $0 and the Social Security taxable wage base is up almost $9000.
Awesome..... :annoyed
by MnD
Tue Oct 25, 2016 11:08 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 16484

Re: The riskiness of home ownership

Depends on your entry point and holding period. Our entry point on a house between Denver and Boulder was 1991 - the tail end of the 88-91 local housing recession. $100k for 2500 SF and 3/4 acre lot. Seemed risky at the time - 1/3 the neighborhood had a HUD sign in the front picture window. Interest...
by MnD
Sat Oct 22, 2016 7:32 pm
Forum: Personal Consumer Issues
Topic: Question re: biicycle pump for car tires
Replies: 16
Views: 1447

Re: Question re: biicycle pump for car tires

Blackburn makes good floor-standing bike pumps that move a lot of air and they come with a lifetime warranty if you are worried about wearing them out inflating car tires. People who have called to return them or to get parts have reported in reviews that Blackburn just mails them out a new pump.
by MnD
Tue Oct 11, 2016 12:01 am
Forum: Personal Finance (Not Investing)
Topic: 4% Retirement Guideline Question
Replies: 8
Views: 1426

Re: 4% Retirement Guideline Question

You may want to explore personal exemptions, the standard deduction, itemized deductions, the 10% and 15% tax brackets, state taxes, exemptions of various amounts of retirement income from state income tax (or not). :beer
by MnD
Sun Oct 02, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: SS as a Bond
Replies: 46
Views: 3976

Re: SS as a Bond

I'm 75:25 for life and a planned SWR based on annual portfolio value of investable net worth because we will have substantial bond-like income from 1 pension and 2 SS claims. If the market craters 50% and never recovers, our income will not go down by 37.5% but more like 15% - similiar to a _much_ m...

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