Search found 2651 matches

by RadAudit
Mon Dec 11, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Beginner
Replies: 6
Views: 410

Re: Boglehead Beginner

For the past decade, my portfolio has been a bit aggressive for my age because I’ve always been behind in savings. That's still the case, but I'm wondering if I should I reevaluate my risk given the current environment? I believe it would be a good time to re-evaluate your portfolio asset allocatio...
by RadAudit
Sun Dec 10, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1799

Re: Would a Bitcoin Crash affect the general markets?

I think we might start to find an answer around 6:00 PM EST today. Bitcoin futures start trading. May have a clearer answer in about a month.
by RadAudit
Sun Dec 10, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5629

Re: For those retired at least 10 years, what about the money?

Looks like no one can be sure to have won the game until the last day. I read once that the name of the game is not to die rich, it's not to die poor. I'm beginning to believe it. Now, all you have to do, is figure out the magnitude and timing of end-of-life health care expenses, black swans, etc.,...
by RadAudit
Sun Dec 10, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3707

Re: Does a Boglehead ever time the market?

For the record I am 34, timeframe is 20 years + and my nestegg is a lump sum, not a few hundred. Why were you not investing while accumulating the nest egg? Or, was it a windfall? Whoops. Hold the phone. We've just crossed over to a whole new set of questions. Indexer Matt may want to think about a...
by RadAudit
Sat Dec 09, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5629

Re: For those retired at least 10 years, what about the money?

Retired for about 7 years. Very early 70s. No change in my plans. Markets go up and markets go down. We stay the course. +1 Things are a little too unsettled for me just yet. DW is finishing (?) up remodeling the house. RMDs kicking in this year. Really don't know how taxes will work out this year o...
by RadAudit
Sat Dec 09, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4041

Re: "Think you can time the stock market? Look at this chart first"

livesoft wrote:
Fri Dec 08, 2017 5:29 pm
bogleheads.org has often had discussions of missing the best days and worst days. Here is one from 2010:
I'm reminded from Peter Pan that this has all happened before and it will all happen again. But, this time ...

Some things just bear repeating. If only for the new arrivals.
by RadAudit
Sat Dec 09, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5525

Re: Does this happen to you? Educating friends about personal finance

Its very frustrating to try and educate friends. Avoid the frustration. I avoid discussing finance with friends and family. There is no upside and the downside is losing a friend or adversely impacting a family relationship. +1 About a year or so ago, I began to notice (I don't pick up on things to...
by RadAudit
Thu Dec 07, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3432

Re: What did you do with your first RMD withdrawal money?

artthomp wrote:
Thu Dec 07, 2017 10:37 am
I'm not sure now - that was 7 years ago. Now I withhold my federal and state taxes for the year from the distribution, re-balance my portfolio and re-invest any excess in taxable equities
+1

I'm in the process of doing that with my first RMD
by RadAudit
Thu Dec 07, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

The biggest commonality here will be a liquidity crunch, so Japanese and American government bonds will be the best assets, based simply on th amount of debt out there. But the wrinkle here will be if Bitcoin gets significant amounts of real assets linked to it to cause an inflationary spiral when ...
by RadAudit
Thu Dec 07, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

nisiprius wrote:
Thu Dec 07, 2017 10:47 am

To protect yourself against a possible bitcoin collapse, just don't invest any important money in bitcoin. None would be a good amount.
Sometimes the simplest solutions are the best. Thanks.
by RadAudit
Thu Dec 07, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

Obviously you need to hold a short position. Like in 2008/9 the only real winners were those short the market. Good luck. Alternatively you can just stay the course. I thought I read something about one of the stock exchanges beginning a trade like that in Bitcoins. Not that I'd ever be smart enoug...
by RadAudit
Thu Dec 07, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

BTW, my 15 year kid texted me this morning and said, "he dad can I buy some bitcoin?" So...there's that. You know it's bad with the teenagers are speculating. Always a good sign!!! Sort of like the old story about a shoe shine boy giving old Joe Kennedy stock tips before the crash - only more than ...
by RadAudit
Thu Dec 07, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

what sort of spill over effects are you envisaging? Well, if I really knew for sure, I'd probably not be asking. :happy But, I just don't know if and to what extent Bitcoin is being used in the financial markets. Like the last go around (2008?) where below prime mortgages were used as collateral - ...
by RadAudit
Thu Dec 07, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

Re: When Bitcoin blows-up

midareff wrote:
Thu Dec 07, 2017 9:54 am
Obviously, NOT Bitcoin or any other similar "currency".

Good point. I was thinking about a wider contagion.
by RadAudit
Thu Dec 07, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4115

When Bitcoin blows-up

When Bitcoin finally blows-up, what investments should I be in to avoid the fall out?
by RadAudit
Tue Dec 05, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 88
Views: 7682

Re: Want to sell my Bitcoin, but when?

Hold on as long as you like; but, sell before it tanks.

I'm a little unsure of the timing of those events so you're on your own. :happy
by RadAudit
Sun Dec 03, 2017 9:11 am
Forum: Investing - Theory, News & General
Topic: S&P 500 vs Vanguard Total World
Replies: 3
Views: 639

Re: S&P 500 vs Vanguard Total World

Sectors are up and down, large company US has done well over the last 5 years. I like the Callen Periodic Table to remind myself that sectors rotate, link here: https://www.callan.com/wp-content/uploa ... d_2017.pdf +1 Thanks for the link and the reminder. I have either a bad case of recency bias o...
by RadAudit
Sat Dec 02, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Any Advantage to Purchasing Funds in Round Lots?
Replies: 9
Views: 516

Re: Any Advantage to Purchasing Funds in Round Lots?

Years ago there was a price break when purchasing round lots (stock shares) through a broker. Or, conversely, odd lots cost more per share.

Don't know about today. All of my holdings are now in mutual funds.
by RadAudit
Sat Dec 02, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Million dollar NW poverty in retirement ?
Replies: 11
Views: 2833

Re: Million dollar NW poverty in retirement ?

inbox788 wrote:
Sat Dec 02, 2017 1:01 pm
And isn't the rule of thumb here $2M for a comfortable retirement? Which if the 4% SWR holds, you should remain above the median household annual income.
About 10 years ago, if memory serves, it was $1 mil. What'll it be in 2052 is anyone's guess.
by RadAudit
Sat Dec 02, 2017 9:14 am
Forum: Local Chapters and Bogleheads Community
Topic: Local Chapters - What to Discuss / What's the Point?
Replies: 13
Views: 822

Re: Local Chapters - What to Discuss / What's the Point?

I'm sure, if the new tax plan / overhaul passes, there will be a lot to talk about. :happy
by RadAudit
Fri Dec 01, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2639

Re: retirement strategy

A person with that much wealth relative to what is needed for spending does not need a withdrawal strategy. The real question is how much wealth does the investor want and what does he intend to do with it. The default is that his heirs are going to get a lot of money. You're probably right; but, t...
by RadAudit
Fri Dec 01, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2639

Re: retirement strategy

I'm 6 or 7 years in to retirement with a 50 / 50 AA. If you are asking for withdrawal strategies from a retirement portfolio, there are hundreds. This year I read McClung's Living Off Your Money. In it, he tested a number of strategies. One of them - Prime Harvesting -, or Alt-Prime Harvesting, esse...
by RadAudit
Thu Nov 30, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9304

Re: Why should I donate to my alma mater?

I graduated in the bottom half of both my undergrad and graduate classes. I have been one of the lesser lights of the alumni of both institutions. However, I believe that I have benefited immensely from their - perhaps erroneous - decisions to let me out of their schools with a degree. So, yes. I se...
by RadAudit
Thu Nov 30, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 142
Views: 14102

Re: A good friend has nearly $1M in BitCoin what do I tell him?

the amount he has could be changing very rapidly. So he may have had nearly $1M, but maybe not anymore (this happened today 11/29/17 and notice the parts in red): The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours a...
by RadAudit
Thu Nov 30, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4540

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

No drama. I think my Ed Jones guy was happy to see me go. He was the third FA at EJ to have the account. I got passed around the office like a bad penny as the municipal bonds matured in the inherited account and I withdrew the proceeds and moved them to V G. Toward the end there was almost nothing ...
by RadAudit
Wed Nov 29, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative
Replies: 27
Views: 1785

Re: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative

I've been in 2045 for the last decade and have to move my funds to fidelity next month due to a merger. I'm looking at recreating this asset allocation with the fidelity total US and Worldwide index funds along with a "smidgen" of total bond index. Confession time. I just looked on the Vanguard sit...
by RadAudit
Tue Nov 28, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative
Replies: 27
Views: 1785

Re: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative

FWIW, I am 36 and was almost 100% in VTIVX(Target date 2045) for about a decade before getting tired of it lagging behind the market indices. I think TR 2045 began to lag the "market indices" because of its gradually increasing allocation to bonds. I'm fairly sure TR 2045 tracked the indices it was...
by RadAudit
Tue Nov 28, 2017 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Retirement: how to forecast where you’re at?
Replies: 35
Views: 3217

Re: Retirement: how to forecast where you’re at?

Back in the Stone Age, I did it with a piece of paper and a pencil. OK, I cheated; I used a set of PV, FV tables and set the yearly benchmarks toward the "my number for retirement" goal. But, if you can add and multiply, you can do it by hand. Then every year, I compared the portfolio values against...
by RadAudit
Mon Nov 27, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative
Replies: 27
Views: 1785

Re: I'm worried the Vangaurd Target Retirement 2035 (VTTHX) might be too conservative

I thought TR 2035 had an asset allocation of ~ 80 / ~ 20 stocks / bonds. If so, that's more aggressive than age in bonds - at least for you. How aggressive to you want / need to be to meet your goals within the time frame you've chosen? I wouldn't recommend being more aggressive than you need to be ...
by RadAudit
Mon Nov 27, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9261

Re: What did you do right?

Went to work for a company that had a 401(k) plan - or what ever came before that - with a match, contributed every year and stayed employed for 39 years.

Plus most of what munemaker said.
by RadAudit
Sun Nov 26, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Common Sense on Mutual Funds
Replies: 20
Views: 2059

Re: Common Sense on Mutual Funds

I thought Jack Bogle wrote a excellent book. As far as international investing the Kitces Report had some interesting analysis on the Trinity Study 4% rule using international investing. https://www.aicpa.org/interestareas/personalfinancialplanning/resources/retirementplanning/downloadabledocuments...
by RadAudit
Sun Nov 26, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Bonds: Why?
Replies: 29
Views: 2283

Re: Bonds: Why?

Why?

I seem to recall one investment writer (Bernstein?) recommended keeping 20 to 25 years of residual living expenses (RLE) in bonds just to be reasonably assured of a safe retirement.

Sounds like a good idea - if I can convince myself he's correct.
by RadAudit
Fri Nov 24, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for 2nd opinions on early retirement portfolio & plan
Replies: 11
Views: 1777

Re: Looking for 2nd opinions on early retirement portfolio & plan

Our current plan would be to live off the brokerage account until age 59.5 when we could then access the retirement accounts penalty free. In case you get to the point of wanting an early retirement before 59.5, look at a 72(t)[?] so you can withdraw earlier from a retirement plan penalty free - if...
by RadAudit
Fri Nov 24, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15961

Re: Anyone tired of the stock market going up?

Yes. Seventh year in retirement. This constant rebalancing from stocks in to bonds every year or so when I hit the upper limit on my bands is about to wear me out. A year like this in equities has me re-evaluating what I might be possible in retirement. I don't want to exaggerate and call it "life c...
by RadAudit
Wed Nov 22, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for 2nd opinions on early retirement portfolio & plan
Replies: 11
Views: 1777

Re: Looking for 2nd opinions on early retirement portfolio & plan

Our current plan would be to live off the brokerage account until age 59.5 when we could then access the retirement accounts penalty free. In case you get to the point of wanting an early retirement before 59.5, look at a 72(t)[?] so you can withdraw earlier from a retirement plan penalty free - if...
by RadAudit
Wed Nov 22, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5271

Re: Advice to become wealthy

westrichj312 wrote:
Wed Nov 22, 2017 9:19 am
best chance for most is to marry someone with a rich family!
Sometimes that is a very expensive way to become rich.
by RadAudit
Wed Nov 22, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Tipping contractors?
Replies: 15
Views: 1242

Re: Tipping contractors?

Thanks to all for your replies.
by RadAudit
Tue Nov 21, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Tipping contractors?
Replies: 15
Views: 1242

Tipping contractors?

We're in the middle of a remodel of a 30+ year old home (2 1/2 baths, kitchen, den, downstairs flooring). Hopefully, they'll be finished by Christmas. The contractor was the low bid and (so far) has done very satisfactory work. The question DW has is how much, if anything, should we pay them as a bo...
by RadAudit
Tue Nov 21, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 40
Views: 3919

Re: Your favorite Costco wines?

TLC1957 wrote:
Tue Nov 21, 2017 4:17 am
So if you went to a wedding and saw Costco wine (Kirkland) what would think?
I would think you made the right choice given the number of people invited.

But, if your friends came just to drink high priced wine at your expense maybe you've got the wrong folks on the guest list.
by RadAudit
Mon Nov 20, 2017 7:29 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11983

Re: The valet smashed my Tesla into a brick wall!

I have a great deal of sympathy for the OP. Tough situation. Best of luck going forward.

My DW - who thinks I spend way too much time on this site - said "Didn't he ever watch Ferris Bueller's Day Off?"
by RadAudit
Sat Nov 18, 2017 7:04 am
Forum: Personal Consumer Issues
Topic: Confused!!!! CRCCs or home care..? Help!!
Replies: 12
Views: 1179

Re: Confused!!!! CRCCs or home care..? Help!!

Mom lived alone for 10 years after Dad died. After some resistance, we let the out of town older sister be the bad guy, she took our suggestion and moved to a CCRC. A couple of years later, she said she should of made the move ten years sooner.
by RadAudit
Fri Nov 17, 2017 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund Investment Strategy
Replies: 12
Views: 975

Re: Target Date Fund Investment Strategy

Looks OK. That's probably what I'd do if I were young. Some will ask whether the brokerage account is a taxable account. Then they might point out that such an arrangement might result in higher taxable income. Lot of different ways to skin this cat. Three fund portfolio with municipals in the taxab...
by RadAudit
Wed Nov 15, 2017 12:19 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4460

Re: Regrets after reaching retirement?

I have a few minor regrets that I didn't retire sooner. But, water under the bridge.
by RadAudit
Tue Nov 14, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Mother in retirement: Withdraw annually or monthly?
Replies: 19
Views: 2012

Re: Mother in retirement: Withdraw annually or monthly?

I am not so sure I know the right answer.

If the WR is < 3% or 4% / year and the WR will not draw down the account to zero in your MIL's lifetime, I'm not so sure it makes a difference.
by RadAudit
Mon Nov 13, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3364

Re: Buffett 90/10 Portfolio vs Target Retirement

I don't considerate it to be unpatriotic to the USA or disrespectful to Mr. Bogle to have a diversified portfolio. Go with a target retirement fund.
by RadAudit
Sun Nov 12, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13148

Re: How old are you and how much do you save for retirement a year

I'm 70. I'm still trying to save the difference between (RMD-taxes) and (SWR-taxes).

Crazy, isn't it?
by RadAudit
Sat Nov 11, 2017 10:14 pm
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9851

Re: Retirees: I got this!!

Of those BHs who've been retired a while, I was wondering when you really started feeling comfortable about your finances in retirement. That is, where you thought it's highly unlikely that you'd run into massive distress about your investments. I've been retired almost 7 years and find myself feel...
by RadAudit
Fri Nov 10, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19470

Re: Why NOT make more money?

The potential problem for me is: Why not make more money to fly in business class, to slow travel overseas in good hotels 6 months every year, to eat lobsters every week, and to buy a luxury car every three years? Since I teach at a university, I have a lot of free time. I think, at this time if I ...
by RadAudit
Thu Nov 09, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13211

Re: Why make more money?

I suppose if you die at work next year, the time lost to work no longer matters (to you) anymore... Probably won't matter to you or to too many others. I remember the observation making the rounds at work on a regular basis - if you think you're irreplaceable at work, put your finger in a cup of co...
by RadAudit
Wed Nov 08, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13211

Re: Why make more money?

Back to the OPs original question. I don't know. I got to that number at 63 (not that early) and handed in my retirement papers. I remember my boss telling me then to be sure of my decision because he couldn't hire me back in to the corporation if I changed my mind. Two years later, he was dead from...