Search found 1935 matches

by RadAudit
Sat Feb 06, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Until Financial Independence?
Replies: 11
Views: 1430

Re: How Long Until Financial Independence?

Dr. Wm. Bernstein pegged the number at ~25X residual living expenses in an article that helped coin the phrase if you've won the game, stop playing the game. I think. Here's a link to the thread / discussion https://www.bogleheads.org/forum/viewtopic.php?t=101802 The link to the cited article didn't...
by RadAudit
Fri Feb 05, 2016 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Are fiduciary and commissions mutually exclusive?
Replies: 4
Views: 254

Re: Are fiduciary and commissions mutually exclusive?

Maybe not in all cases; but, I don't know if it's all that common.
by RadAudit
Fri Feb 05, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3305

Re: Advice for parents with Perfectionist Child?

It's a difficult lesson to learn.

Very few of us can be the best at everything we try. But most of us can be the best we can be at what we do, if we prepare and if we try.

The trick is to know that there is no shame in finishing out of the money, if you did the best you could do.
by RadAudit
Thu Feb 04, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on expense drop when kids go off to college
Replies: 27
Views: 2487

Re: Reporter doing story on expense drop when kids go off to college

livesoft wrote:^And I can report that the water bill goes back up if they come home for the summer or winter break. And the food bill does, too.


I concur. The check-out clerk at the grocery store can tell when my son comes home for a visit. It's the "kill the fatted calf" syndrome.
by RadAudit
Wed Feb 03, 2016 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: International index funds necessary?
Replies: 8
Views: 900

Re: International index funds necessary?

Invest 3k in Vanguard Total Stock Market Index Fund and 2500 in Vanguard Target Retirement Income Fund. I like that the Total Retirement has only 28% in international bonds/stocks and also includes %16 of TIPS. Any thoughts? Welcome to the forum. My thought would be that you are doubling up on your...
by RadAudit
Tue Feb 02, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 51
Views: 5180

Re: Friend is an Edward Jones financial advisor -- should I drop him?

This thread https://www.bogleheads.org/forum/viewtopic.php?f=1&t=180992&newpost=2783444#p2741878 has a link to this delightful little saga. This is my favorite - "The Edward Jones Saga" - :P http://www.kronstantinople.blogspot.com/p/edward-jones-saga.html The saga should answer you...
by RadAudit
Mon Feb 01, 2016 5:50 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig's WSJ article about the best stock in the last 30 years
Replies: 9
Views: 1871

Re: Jason Zweig's WSJ article about the best stock in the last 30 years

I like the quote (from Nisi's linked article) a grossly disproportionate fraction of the total return came from a very few "superstocks" like Dell Computer, which increased in value over 550 times. If you didn’t have one of the half-dozen or so of these in your portfolio, then you badly la...
by RadAudit
Sat Jan 30, 2016 4:29 pm
Forum: Investing - Theory, News & General
Topic: "Fiduciary vs. suitability advice for Linda's retirement" (video)
Replies: 3
Views: 358

Re: "Fiduciary vs. suitability advice for Linda's retirement" (video)

Good video

The slice of cake taken out by the financial planner probably wasn't to scale.
by RadAudit
Fri Jan 29, 2016 6:09 pm
Forum: Personal Consumer Issues
Topic: How to stop junk mail for a deceased person
Replies: 39
Views: 2397

Re: How to stop junk mail for a deceased person

Change the mailing address to the cemetery? :happy
by RadAudit
Thu Jan 28, 2016 12:20 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9332

Re: What is your favorite Financial Quote or Metaphor??

(About the future direction of the stock markets, interest rates, etc. and its relation to a portfolio asset allocation?) I don't know and I don't care. Would that be ignorance or apathy? :wink: I was thinking more along the lines of have a good IPS, a decent asset allocation, ignore the noise and ...
by RadAudit
Thu Jan 28, 2016 10:28 am
Forum: Investing - Help with Personal Investments
Topic: How do I decide on Asset Allocation for a 3-fund portfolio
Replies: 11
Views: 1101

Re: How do I decide on Asset Allocation for a 3-fund portfolio

Is there a rule of thumb to decide the proportion among 3 funds? I'd like to learn. Welcome to the forum. You might want to start your own thread with that question; but, the short answer is probably not. There's an ongoing debate concerning the domestic / international stock split. Very passionate...
by RadAudit
Wed Jan 27, 2016 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: How do I decide on Asset Allocation for a 3-fund portfolio
Replies: 11
Views: 1101

Re: How do I decide on Asset Allocation for a 3-fund portfolio

You can try several approaches. We don't have much info on you so this is in generalities. The usual warnings about need, ability and willingness to assume risk may provide some insight. I wouldn't take any more risk than I needed to take to meet my financial goals. So, how much money do you need to...
by RadAudit
Wed Jan 27, 2016 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie investor. question regarding Vanguard index funds / IRA
Replies: 17
Views: 994

Re: Newbie investor. question regarding Vanguard index funds / IRA

sangski wrote: there's about 1,000 surrender fee...


Cripe!! :oops:
by RadAudit
Wed Jan 27, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9332

Re: What is your favorite Financial Quote or Metaphor??

(About the future direction of the stock markets, interest rates, etc. and its relation to a portfolio asset allocation?)

I don't know and I don't care.
by RadAudit
Tue Jan 26, 2016 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: What Target Date Fund to use?
Replies: 5
Views: 374

Re: What Target Date Fund to use?

Can't say for sure. Some folks around here talk about the need, ability and willingness to take risk (to meet their financial objectives?). That said, VG target date funds end up at their target date with a 50 / 50 stock / bond allocation. Then over the next 5 to 10 or so years, they become more con...
by RadAudit
Sun Jan 24, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Curreency risk and retiring overseas
Replies: 4
Views: 462

Re: Curreency risk and retiring overseas

This is more in the line of bump up. I don't know about the impact on stock prices of currency fluctuations. I do know that when the time comes, it would be nice to have some of your income in the currency of the country in which you reside. How you do that is up to you. Wasn't it early in 2015 when...
by RadAudit
Fri Jan 22, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6604

Re: The Boglehead Way of Employment

I find it difficult to give advice about which career an individual should pursue. If you say follow your heart, you are somewhat obligated to point out where that path may lead - if you accept that industry's pay range. Some jobs in the health care field don't pay all that well. So, if you want to ...
by RadAudit
Wed Jan 20, 2016 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: who is selling to day??
Replies: 34
Views: 3974

Re: who is selling to day??

Who is selling? The talking heads at CNBC say some of it's the sovereign wealth funds of countries that depend on oil sales to meet their budgets for social services for their populations. Additionally, there is some short covering. Of course, the talking heads had to say something - so, who knows? ...
by RadAudit
Wed Jan 20, 2016 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Early Asset allocation/fund selections and market timing
Replies: 6
Views: 275

Re: Early Asset allocation/fund selections and market timing

Also thanks for the advice about ignoring/avoiding the news. I have been panicking as I haven't had any gains yet!!! One last tale from an old geezer - about 30 years ago, I was enrolled in the company's savings plan and was making twice monthly contributions to the plan. Strictly, buy and hold. Ri...
by RadAudit
Wed Jan 20, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Early Asset allocation/fund selections and market timing
Replies: 6
Views: 275

Re: Early Asset allocation/fund selections and market timing

My question is whether it is advisable to re-allocate now when I am taking losses on everything or should I just wait for everything to come back (at least till the end of the year) since I am in a basic buy and hold pattern anyway? Forgot to comment on this part of the question. I did something li...
by RadAudit
Wed Jan 20, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Early Asset allocation/fund selections and market timing
Replies: 6
Views: 275

Re: Early Asset allocation/fund selections and market timing

Welcome to the forum. I also have the entire Roth IRA in the Vanguard S&P 500 ETF (VOO). After reading the guide it seems clear that my portfolio is not properly balanced as I have a net 92% stock allocation. While I am not necessarily against increased risk to try and catch up a bit, I definite...
by RadAudit
Wed Jan 20, 2016 11:53 am
Forum: Investing - Theory, News & General
Topic: 401k down 7% since Jan 1st
Replies: 8
Views: 944

Re: 401k down 7% since Jan 1st

Why, yes it is - probably.
by RadAudit
Thu Jan 14, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: "It's a Perfect Strategy for My Enemies" [Scott Adams on Active Management]
Replies: 73
Views: 7129

Re: "It's a Perfect Strategy for My Enemies" [Scott Adams on Active Management]

OK. It may be time for the Nobel Prize Committee to have another chat with Dr. Wm. Sharpe. Mr. Speer asserts In the UK and Europe those figures are reversed - as of mid-2015: Europe 65% of active funds have outperformed over 5 years 70% over 10 years UK 70% outperformed over 3 years 72% over 5 years...
by RadAudit
Wed Jan 13, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: My timing [stinks]!
Replies: 29
Views: 2821

Re: My timing sucks!

Mark2614 wrote: I wish I invested just two weeks later.


Look back in thirty years at this week - it won't even register as a blip in the market. Worry about something you can control and stay the course.
by RadAudit
Mon Jan 11, 2016 5:27 pm
Forum: Investing - Theory, News & General
Topic: Portfolio allocation for elderly individual with daily and all foreseeable expenses covered
Replies: 12
Views: 572

Re: Portfolio allocation for elderly individual with daily and all foreseeable expenses covered

So, is an aggressive risk profile still appropriate or should it be brought down to reflect a shorter time horizon of unknown duration but not that of a young person? I'd say no. It's not appropriate. Try 40 / 60 stocks / bonds or 20 / 80. Both are available as VG LifeStrategy funds. 30 / 70 is ava...
by RadAudit
Sun Jan 10, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Paul Merriman's Sound Investing advise in this and all markets
Replies: 29
Views: 3812

Re: Paul Merriman's Sound Investing advise in this and all markets

Yes, I continue to preach boring is beautiful when it comes to investing. For those who don't know my work, I prefer to explain it by saying the academics have identified a group of asset classes that have a history of providing premium for the risk of the asset class. One of the things I really li...
by RadAudit
Sat Jan 09, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: Deming and lean: Application to investing and current events
Replies: 3
Views: 378

Re: Deming and lean: Application to investing and current events

Thanks for the post. It's been several decades since my career(?) drifted out of manufacturing and later in to retirement; but, it's good to see Dr. Deming's ideas are still alive and well. Back then it never crossed my mind to apply Deming's ideas to asset allocation and investments. Thanks for the...
by RadAudit
Sat Jan 02, 2016 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Engaged...So how do we handle finances now?
Replies: 40
Views: 3634

Re: Engaged...So how do we handle finances now?

OK, different people will come at this from their own unique perspective; but, here goes. After you are married you'll have plenty of time to pool expenses, etc. Before, not so much. But, be sure that each of you establish your own retirement savings (IRA, 401(k), etc.) accounts. That's just in case...
by RadAudit
Thu Dec 31, 2015 10:37 pm
Forum: Investing - Theory, News & General
Topic: Teaching Family the Bogle Way
Replies: 29
Views: 2682

Re: Teaching Family the Bogle Way

As much as I hate to admit it, I fear InvestorNewb may be be on to something. You can lead a horse to water, but you can't make it drink. We can only hope the old Chinese (?) proverb is also correct - that when a student is ready to learn, a teacher will appear. Other than that, the only observation...
by RadAudit
Thu Dec 31, 2015 9:12 am
Forum: Investing - Theory, News & General
Topic: Teaching Family the Bogle Way
Replies: 29
Views: 2682

Re: Teaching Family the Bogle Way

Thanks for the post,

I sure hope the good folks on the forum can find an answer. I'm roughly in the same boat and I sure haven't found the solution.
by RadAudit
Wed Dec 30, 2015 9:56 pm
Forum: Investing - Theory, News & General
Topic: Why do we call it "investing"?
Replies: 35
Views: 3167

Re: Why do we call it "investing"?

Because the word gambling was already in use. :D

And "investing" ranks right up their with the marketing coup of the age when they labeled a stock certificate a "security"
by RadAudit
Wed Dec 30, 2015 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: First Time Investor help needed with IRA
Replies: 7
Views: 307

Re: First Time Investor help needed with IRA

Welcome to the forum. You really haven't given us much to work with; but, I'll take a shot at it. Take a look at either VG's LifeStrategy funds or the Target Date funds and pick a fund with a stock / bond allocation between 60 / 40 to 40 / 60. That's the way I'd interpret not a big risk taker. Good ...
by RadAudit
Sun Dec 27, 2015 12:52 pm
Forum: Personal Consumer Issues
Topic: Drive able natural attractions from Washington DC
Replies: 18
Views: 1152

Re: Drive able natural attractions from Washington DC

Williamsburg and Carter Plantation are driving distance from DC. You might want to check on whether or not the Carter Plantation is open or not. I believe that museum may be closed. However, Colonial Williamsburg is nice in January. Smaller crowds. Historic Jamestown can be interesting if you are i...
by RadAudit
Fri Dec 25, 2015 6:56 pm
Forum: Investing - Theory, News & General
Topic: Lego a 'better investment than shares and gold'
Replies: 7
Views: 1739

Re: Lego a 'better investment than shares and gold'

Investing in Legos may not end well. YMMV.

I would put them in the same asset class as Cabbage Patch Kids and Franklin Mint plates.

Best of luck.
by RadAudit
Thu Dec 24, 2015 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: My husband left me for a younger woman - help me take control of my finances
Replies: 36
Views: 8615

Re: My husband left me for a younger woman - help me take control of my finances

Welcome to the forum. You deserve better answers than I can provide and the good folks on this site will surely provide them; but, Christmas Eve may not be the best time to post this thread. If replies are a little sparse, come back either early next week or after New Years and bump the thread up fo...
by RadAudit
Tue Dec 22, 2015 7:27 pm
Forum: Investing - Theory, News & General
Topic: has Indexing's popularity made active investing easier?
Replies: 8
Views: 1540

Re: has Indexing's popularity made active investing easier?

larryswedroe wrote:Second, all indices (or passively managed funds) other than a TSM is some form of "active" management in that a decision is made to select the definitions used in the fund construction.


What a delightful piece of information!! Thanks for the insight.
by RadAudit
Tue Dec 22, 2015 7:02 pm
Forum: Investing - Theory, News & General
Topic: Opinions on Burton Malkiel's personal portfolio?
Replies: 28
Views: 2817

Re: Opinions on Burton Malkiel's personal portfolio?

Welcome to the forum. I love requests for opinions. My opinion is that all three gentlemen noted in the linked article are way better at investing than I'll ever be; so I doubt if I'll try to follow their lead. Additionally, it is my opinion that a simple three or four fund portfolio is about as com...
by RadAudit
Sat Dec 19, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: How Much Life Insurance Do We Need?
Replies: 1
Views: 282

Re: How Much Life Insurance Do We Need?

Bump up

Doubt if it will help; but, it's a start. https://www.bogleheads.org/wiki/Life_insurance
by RadAudit
Thu Dec 17, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Target Retirement significantly under performing market
Replies: 30
Views: 2323

Re: Fidelity Target Retirement significantly under performing market

Welcome to the forum

huskalator wrote: have taken note that it has significantly (in my ignorant opinion) underperformed the market:


Which market do you think it is underperforming?

It might be better to ask how close is the fund tracking its composite index and / or is the fund tracking its glidepath?
by RadAudit
Thu Dec 17, 2015 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: setting my retirement date - am I thinking of everything?
Replies: 14
Views: 1220

Re: setting my retirement date - am I thinking of everything?

Don't retire from something. Retire to something.

What are you planning to do in retirement?
by RadAudit
Thu Dec 17, 2015 9:49 am
Forum: Investing - Help with Personal Investments
Topic: 30 year old looking for some Boglehead Wisdom
Replies: 6
Views: 930

Re: 30 year old looking for some Boglehead Wisdom

This is a bump up. Would you recommend allocating 50/50 to save for my house down payment (~$60k) in 5 years or so? No, unless you save twice as much as you need. It would be too risky for me to have half the money in stocks to meet a fixed obligation at a point certain in the near future. YMMV. As ...
by RadAudit
Wed Dec 16, 2015 8:15 am
Forum: Investing - Help with Personal Investments
Topic: [Intending to drop international funds]
Replies: 70
Views: 7545

Re: I've been duped by index investing it seems.

And just in time, an article appears referencing the exact time period. http://www.etf.com/sections/index-investor-corner/swedroe-beware-recency-pitfall But, when you get down to the shorter rows in your investing life, waiting for the ebbs and flows of international investment returns may get a lit...
by RadAudit
Wed Dec 16, 2015 7:51 am
Forum: Personal Finance (Not Investing)
Topic: spending (which asset(s) to tap first)
Replies: 10
Views: 964

Re: spending (which asset(s) to tap first)

gofigure wrote:Most recommendations suggest drawing down from non-tax advantaged funds first. Given our circumstances do you agree?


Yes.
by RadAudit
Tue Dec 15, 2015 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why are we not keeping up with the market?
Replies: 19
Views: 2485

Re: Why are we not keeping up with the market?

vanrufus757 wrote:we have made very little money --- in the last 12 months less than 1%.


Me, too.

Some years are like that.
by RadAudit
Mon Dec 14, 2015 4:20 pm
Forum: Investing - Theory, News & General
Topic: "Winning the Game"
Replies: 46
Views: 5920

Re: "Winning the Game"

tennisplyr wrote:How do you determine if you have won the game?


Look here viewtopic.php?t=125285
by RadAudit
Sun Dec 13, 2015 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Investing - Help with Personal Investments - Funding Education with Stock Sale
Replies: 4
Views: 274

Re: Investing - Help with Personal Investments - Funding Education with Stock Sale

Welcome to the forum. This is a bump up. Now, please don't take this as advice because I don't have any useful insight into the question. How you can work your way out of this situation is something I'll leave to those better qualified. However, I find it a little too risky for me personally to depe...
by RadAudit
Sat Dec 12, 2015 8:41 am
Forum: Investing - Help with Personal Investments
Topic: How diversified do I really need to be
Replies: 13
Views: 1339

Re: How diversified do I really need to be

This is more in line with a bump up. Folks on this forum would love to help; however, a little more information may be needed. Specifically, what funds does your financial planner invest in and, including those funds, what does your asset allocation look like vs. your investment policy statement. Yo...
by RadAudit
Fri Dec 11, 2015 8:04 am
Forum: Personal Consumer Issues
Topic: Advice for Encouraging Parents to Declutter Home?
Replies: 38
Views: 2542

Re: Advice for Encouraging Parents to Declutter Home?

I've wondered about the best way to deal with this. Is there any legal way to just burn down the entire house and contents? Or bulldoze it and then set everything on fire? Moving to a new smaller house can have much the same effect. I have heard of taking the stuff they want to move to the new hous...
by RadAudit
Thu Dec 10, 2015 5:13 pm
Forum: Personal Consumer Issues
Topic: Advice for Encouraging Parents to Declutter Home?
Replies: 38
Views: 2542

Re: Advice for Encouraging Parents to Declutter Home?

clearing out trophies/mementos in bedrooms vacated long ago by me Being an able bodied retiree, I find the biggest obstacle to decluttering a home is all the junk my children have left behind in their bedrooms when they flew the coop. If any of the clutter is yours, take it with you. Other than tha...

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