Search found 2399 matches

by RadAudit
Fri Apr 28, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle: It's Easier to Serve One Master Than Two."
Replies: 4
Views: 1034

Re: "Jack Bogle: It's Easier to Serve One Master Than Two."

traditional fund companies can't get past their initial handicap: They work for two masters. That is, while Vanguard has a mutual structure, meaning that it is owned by its funds' investors, competing fund companies operate differently. One set of shareholders receives the profits that come from th...
by RadAudit
Fri Apr 28, 2017 6:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 26
Views: 1663

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

I'm not the best BH in the bunch. But, I've been retired for six or seven years. My vote is to plan for the conservative alternative. I actually was a little more conservative than 80%. I used 100% and the mortgage was paid off at retirement. Somehow it all gets spent every year on travel, the kids,...
by RadAudit
Tue Apr 25, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification of IRA
Replies: 5
Views: 325

Re: Diversification of IRA

Is the question more along the lines of is investing in this one fund - or any one fund - safe? If so, that's another question. I believe that question has been asked and answered on the forum. I think the answer is yes, it is safe. However, it is also a somewhat personal decision. I believe that wh...
by RadAudit
Tue Apr 25, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund? Really?
Replies: 48
Views: 4883

Re: One Fund? Really?

Pax wrote:(1) Wow!One fund...still wrapping my head around this..


I like to think of it as six to eight of "my guys" taking care of the assets in the portfolio and the one fund concept is providing direction on asset allocation. That rationalization seems as good as any.
by RadAudit
Tue Apr 25, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing [Any tax-advantaged accounts available to us?]
Replies: 5
Views: 223

Re: New to investing [Any tax-advantaged accounts available to us?]

Welcome to the forum.

Whsy wrote: Since we both already max out our 401ks, what tax advantaged accounts are available to us? Ira? Roth?


I believe the answer is yes. tIRA or Roth. Choose one. Don't go over the annual limits. Check the IRS pubs, Google or the wiki.
by RadAudit
Mon Apr 24, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 70
Views: 6166

Re: Helping adult children

I am an adult. I have no claim to my parents money. They can spend it how they like, 1/5th of it isn't mine. Actually, a very mature and healthy idea. Wish everyone thought along similar lines on this topic. But, I've seen too many cases where the division wasn't equal and someone got their feeling...
by RadAudit
Mon Apr 24, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 70
Views: 6166

Re: Helping adult children

Fast-forward two decades and we were sitting around reminiscing about this inexplicable gift and one sib looks puzzled and says "I never got that!" We all knew there's no way that Mom and Dad would have left this one out. Glad things turned out OK; but, it sort of reinforces another thing...
by RadAudit
Mon Apr 24, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with finalizing fund choices
Replies: 9
Views: 579

Re: Help with finalizing fund choices

do people generally end up finding it works out better just to stay with the main three? In reading here and elsewhere, it seems that there are arguments toward both ways of doing it but I'm curious if you have an opinion. If I recall correctly, Swedroe in "Factor Based Investing" [?] poi...
by RadAudit
Mon Apr 24, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with finalizing fund choices
Replies: 9
Views: 579

Re: Help with finalizing fund choices

Welcome to the forum. I'd look at the overlap in the portfolio. TSM and S&P 500? Why? Total Bond and long term bonds? Why? Many funds do not necessarily a diversified portfolio make. Personally, I'd try to get to a portfolio that has low cost, broad diversification and no overlap. You might want...
by RadAudit
Mon Apr 24, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 3531

Re: Becoming a homeowner/landlord in a college town?

I remember when my DW and son went apt shopping in a college town one summer. The owners had a crew in the apartments trying to make them presentable for the Fall. One apartment's carpet was a mess because the previous occupant had changed his motorcycle's oil in the apartment. YMMV but you may want...
by RadAudit
Sun Apr 23, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 70
Views: 6166

Re: Helping adult children

I was once told - and I believe - that while you may not be keeping score, you're children are. I'd make every effort to even up the funds dispersed to date to 50 / 50 between the children and go 50 / 50 thereafter. I would seek to avoid the perception that one child won the grandchildren lottery an...
by RadAudit
Sun Apr 23, 2017 11:40 am
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 40
Views: 2743

Re: The next generation of Boglehead authors

“The old order changeth, yielding place to new, ... Lest one good custom should corrupt the world. - King Arthur" Don't know who it'll be; but, when the need arises, he will appear. I just hope he doesn't tell me that low cost, broad based, index funds and LBYM is a lot of hooey. I'd hate to fi...
by RadAudit
Sun Apr 23, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage at 75 ?
Replies: 15
Views: 1777

Re: Mortgage at 75 ?

Don't have a clue. But, I am 70 and retired. And, I just got a small (for the bank) HELOC. I believe - at this level - they are only interested in safety of the cash flow and a reasonable degree of coverage for the payment and sufficient equity in case things so South. And, a clear title and a decen...
by RadAudit
Sat Apr 22, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 4949

Re: Six pack for barbecue?

Let's try for 24 cans at least. And you could buy 4 six packs of different types. Bud Light is perfectly OK. Coors is OK. Heineken is good. And, make sure it is iced - put the cans in a larger cooler (32 quart [?]). If the cans look lonely add more beer and ice. The nice thing about beer is that it ...
by RadAudit
Sat Apr 22, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: No clue where to start
Replies: 9
Views: 987

Re: No clue where to start

Welcome to the forum. Start here https://www.bogleheads.org/wiki/Getting_started Asset allocation https://www.bogleheads.org/wiki/Asset_allocation Sorry if this sounds overly abrupt. I've been hanging around the forum for a while and have only lately become a fan of the wiki. Amazing little tool. Be...
by RadAudit
Thu Apr 20, 2017 8:15 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 332
Views: 33969

Re: Larry Swedroe says "Goodby."

Many thanks to Mr. Swedroe for his contributions to the forum. I've not always understood everything he posted - definitely my fault, not his - but what I have understood and implemented in my portfolio has been extremely beneficial.

Thanks again and best of luck with future endeavors.
by RadAudit
Wed Apr 19, 2017 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Help with Investments
Replies: 1
Views: 169

Re: Help with Investments

Welcome to the forum. Should I consider adding this to my relationship with my DFA advisor? I was going to leave most of it (all but private accounts) in my brokerage at Vanguard to minimize the fees I pay, but I am open to advice. Do you want to manage your own investments or do you want a low cost...
by RadAudit
Tue Apr 18, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3756

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

Welcome to the forum. My question is, is my best bet going with the Lifestrategy Growth fund? Check out a Target Date Fund. I think their initial investment level is $1,000. My other thought was to buy into divdend stocks. Many people think that way; however, opinions differ. I believe that there ar...
by RadAudit
Tue Apr 18, 2017 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Taxes- okay to just drop in the mail today??
Replies: 29
Views: 3127

Re: Taxes- okay to just drop in the mail today??

I think the rule is that the return has to be post marked today. Where you drop it is immaterial. But, I'd walk it by the post office and watch the clerk stamp it.
by RadAudit
Sun Apr 16, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into stocks in (pre-)retirement?
Replies: 6
Views: 702

Re: Rebalancing into stocks in (pre-)retirement?

I'd rebalance in the pre-retirement zone using the same approach I used to get that far in the first place. Specifically, I'd be using the 5% / 25% band essentially as you described. The biggest deviation is that my rebalancing is done in tax advantaged accounts. And, I don't wait for new money. The...
by RadAudit
Sat Apr 15, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 10982

Re: My kids don't care about saving

Now the money tree has dried up. There's a lot of that going around nowadays. I think that is one of the better messages you can send to the kids once they are out of school. It tells them they are on their own. I told mine that their worry shouldn't be how much they'll inherit; it ought to be what...
by RadAudit
Fri Apr 14, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: How to invest my children's inheritance
Replies: 33
Views: 2763

Re: How to invest my children's inheritance

Allow me to be specific, I will not need the money and it is a bit over $5m (in cash, after tax, recently received from the sell of a business) to be shared among 4 children. You raised an interesting point. I'm not in your league; but, I may have something left over for my kids - hopefully in twen...
by RadAudit
Fri Apr 14, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: First Time Investor / I know nothing / Trying to learn
Replies: 6
Views: 499

Re: First Time Investor / I know nothing / Trying to learn

Welcome to the forum. Sorry about your loss. OK. If you are "really green", start here. https://www.bogleheads.org/wiki/Getting_started Wacth the videos, read some of the recommended books. Here's something on windfalls. https://www.bogleheads.org/wiki/Managing_a_windfall And something on ...
by RadAudit
Thu Apr 13, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside to a HELOC???
Replies: 7
Views: 977

Re: Any downside to a HELOC???

You have to pay it back? :D

Haven't thought of one, yet. We decided to do the same thing, just in case we needed it as a short term bridge to other monies allocated for a remodel project.
by RadAudit
Tue Apr 11, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: What fund to choose for young investor?
Replies: 19
Views: 1478

Re: What fund to choose for young investor?

When my son got a job out of grad school, I put him in a target retirement date fund. Now, about six years later, he's gotten around to discussing things like ERs, asset allocations, and rebalancing. So, my vote would be target date funds are a good place to start. And,even if you don't go on to DIY...
by RadAudit
Mon Apr 10, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Designing Your Life
Replies: 82
Views: 8970

Re: Designing Your Life

VictoriaF wrote: I am the inventor of the Bogleheads Handshake (an index-finger shake).


Bogleheads have a secret handshake?
by RadAudit
Sat Apr 08, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to setup a will
Replies: 42
Views: 3577

Re: Best place to setup a will

I think trusts and lawyers utilize the will/probate system to generate a lot of proceeds. I'm fairly sure that the lawyers view it as providing a service for which they charge reasonable and competitive fees. I just finished Beyond the Grave . I hope the OP's situation doesn't look like any situati...
by RadAudit
Sat Apr 08, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Helping parents/grandparents while raising kids
Replies: 42
Views: 2923

Re: Helping parents/grandparents while raising kids

As trite as it sounds, you can only do what you can do. If you are raising kids, you've got your retirement and their college cost to take care of. (Opinions vary on how much of their college costs you "ought' to take care of. Whatever you decide is right for you is OK.) The part that is troubl...
by RadAudit
Thu Apr 06, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

What's wrong with paying as late as possible? Nothing that I know of, if it is on or before the due date and you remember when you told the IRS they could electronically take the money out of your account. It's the last part that was driving my financial secretary crazy. Of course, there's always t...
by RadAudit
Thu Apr 06, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Cruise Advice???
Replies: 9
Views: 771

Re: Cruise Advice???

KlingKlang wrote:
RadAudit wrote:
Remember, there will always be one or two folks who won't like anything no matter what.


I resemble that remark.



So do I
by RadAudit
Thu Apr 06, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Cruise Advice???
Replies: 9
Views: 771

Re: Cruise Advice???

While I am sure that you will receive some good advice from this board, the best source for cruise information is Cruise Critic http://www.cruisecritic.com/reviews/ . Be sure to read both their user reviews and forum. Remember, there will always be one or two folks who won't like anything no matter...
by RadAudit
Thu Apr 06, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

I don't know for sure how to find the date you entered for withdrawal with 2016 Turbo Tax (I used H&R Block this year). A similar question was asked and answered a few year ago in the TurboTax AnswerXchange. https://ttlc.intuit.com/questions/2645009-what-date-did-i-enter-for-the-payment-withdra...
by RadAudit
Wed Apr 05, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

If I recall correctly TurboTax lets you specify a date up to the April deadline for the money to be withdrawn, and I believe (though am not 100% sure on this) that it even presents that date as the default. Can you go back into TurboTax to see what date you specified? Good idea. Can't find it on th...
by RadAudit
Wed Apr 05, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

2pedals wrote: Did you double and triple check your bank account and routing numbers?


Yes. Checked numbers with TurboTax and there is a match.

Date? Don't know for sure. As I recall it was as soon as the IRS wanted to take it out.
by RadAudit
Wed Apr 05, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

SouthernCPA wrote:
flyingbison wrote:Mail the IRS a check.


Drop a check in the mail by the filing deadline and you're fine.


Won't that end up with me paying taxes twice?
by RadAudit
Wed Apr 05, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

Re: IRS and TurboTax Finger Pointing At Each Other

oldcomputerguy wrote:Is it possible it's something on the bank's end?


Not yet. Hasn't got that far. The ping pong ball is between IRS and TurboTax
by RadAudit
Wed Apr 05, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1637

IRS and TurboTax Finger Pointing At Each Other

If anyone has an easy answer, please share. Short story. I filed my federal taxes for 2016 using TurboTax on 2/25/2017. TurboTax says the IRS got the information - the tax return and the checking account from which they can withdraw the amount I owe them. Because the money has not been withdrawn fro...
by RadAudit
Wed Apr 05, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Why Buffet likes S&P 500 Index over a TSM Index Fund?
Replies: 45
Views: 5230

Re: Why Buffet likes S&P 500 Index over a TSM Index Fund?

I rarely, if ever, differ from Nisi on any financial related question. But, this time, it is worth taking a moment to consider other options. If Buffett explicitly prefers the S&P 500 over the total market, he could say so. Why? Why do we need to know why Mr. Buffet prefers one thing over anothe...
by RadAudit
Sat Apr 01, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Will vs Living Trust
Replies: 44
Views: 3100

Re: Will vs Living Trust

Everything my wife and I own is joint except for individual IRAs and beneficiary should cover that. If one of our kids dies before my wife or myself I would change my documents accordingly. My basic question is a Will sufficient or would BH folks recommend a Living Trust. If the house is owned JTWR...
by RadAudit
Sat Apr 01, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Will vs Living Trust
Replies: 44
Views: 3100

Re: Will vs Living Trust

I have avoided going to an estate lawyer because I think I can do this myself and I'm a penny pincher. Why, yes you can do this! You can also mess it up big time. By the way, read Beyond the Grave . It has a few wonderful horror stories about transferring an asset (the house) to four kids. The bott...
by RadAudit
Sat Apr 01, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Successor Trustees
Replies: 10
Views: 672

Re: Successor Trustees

Just got out of the lawyers yesterday afternoon after changing a successor trustee. If your trust was properly written, I'm sure it provides for documents so the trustee(s) can divide your estate in accordance with your directions. I'm sure the lawyer has seen this issue before. Call your lawyer and...
by RadAudit
Sat Apr 01, 2017 7:47 am
Forum: Investing - Theory, News & General
Topic: Active. Passive. Closet. Shells games.
Replies: 3
Views: 702

Active. Passive. Closet. Shells games.

Came across an article about the extent of closet indexing among the actively managed funds primarily in the international sector. https://ideas.darden.virginia.edu/2017/03/active-vs-passive-funds-the-mutual-fund-shell-game/?utm_source=newsletter&utm_medium=email&utm_content=Active%20vs.%20P...
by RadAudit
Sat Apr 01, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Retired 5 to 10 years? How has this bull changed your spending?
Replies: 13
Views: 1438

Re: Retired 5 to 10 years? How has this bull changed your spending?

The bull market - not so much. Trying to get a handle on various income / outgo streams from / to various buckets has been a learning curve. Sometimes the kids need money. Remodeling is coming up and then the DW discovered bucket lists and cruising. Sometimes there are one too many buckets and / or ...
by RadAudit
Sat Mar 25, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 25
Views: 3139

Re: "Designing Your "Glide Path"

Taylor Larimore wrote:Consider an appropriate target fund -- then forget about it.


I'm beginning to see the wisdom in that approach.

Thanks for all you do, Mr. Taylor.
by RadAudit
Thu Mar 23, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: WWBHD? 50k scared money for Roth IRA
Replies: 11
Views: 1086

Re: WWBHD? 50k scared money for Roth IRA

Is it true that one could simply replicate the same target date fund by getting into three or four funds individually and possibly saving a boatload in fees over the course of the next twenty years? Does the target date fund rebalance in such a way that it's better than holding individual funds of ...
by RadAudit
Mon Mar 20, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3482

Re: I thought I knew my desired AA

How do I know what AA I am comfortable with? Excellent question. Unfortunately, there really isn't any sure way to know until your are in the middle of a crash. And then it is a little too late. Worse still, as you get older, your risk tolerance changes. So what worked the last time may not work 10...
by RadAudit
Sun Mar 19, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Hello and Thank You from New Member
Replies: 4
Views: 314

Re: Hello and Thank You from New Member

Welcome to the forum.

Kilgore Trout wrote: Was shocked and angered (at myself) upon discovering that ... I was paying approx. 1.3% to EJ and getting little to nothing for the excessive fees.


A number of folks on the forum feel that way about EJ.
by RadAudit
Sat Mar 18, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: rewriting will
Replies: 17
Views: 1194

Re: rewriting will

Well, if it isn't your money, there's really not much you can do. However, when I was going through some uncertainty about how to divide my estate at some future time, the good folks on the board recommended a 50 / 50 split between my two kids. (In your case, it's probably 1/3, 1/3, 1/3) There are a...
by RadAudit
Sat Mar 18, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: How to think about the really long view to take
Replies: 5
Views: 529

Re: How to think about the really long view to take

#2. Easily achievable. Add international stock and bond index funds to your portfolio. Or, on the other hand, you could - like I did for the first 25 years of my life - live about a mile off the end of the runway of a major military facility. So, if the balloon ever went up you'd be gone in a flash,...
by RadAudit
Thu Mar 16, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Church Development Funds?
Replies: 13
Views: 980

Re: Church Development Funds?

From the Solomon Foundation “Where there is no guidance, a people falls, but in an abundance of counselors there is safety.” Proverbs 11:14 OP, I think you've received good advice on the wisdom of this thing as an investment. Now, if you and / or your congregation wish to donate the money as a churc...

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