Search found 907 matches

by Sbashore
Mon Nov 28, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Disputing fat hospital bill?
Replies: 33
Views: 3162

Re: Disputing fat hospital bill?

Just to add, when in doubt call you insurance company AFTER you have your Explanation of benefits and have them walk you through it. Also I don't pay any provider until I have the EOB and verify its correct. +1. This is good advice. I've dealt with complicated health issues and ongoing huge medical...
by Sbashore
Tue Nov 22, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 168
Views: 12631

Re: Retreat to cash

Your own words "essentially betting" sums up what you're doing. You're changing from a long term investor to a speculator. Not a great idea in my opinion.
by Sbashore
Wed Nov 09, 2016 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: The market was off 800 points after hours! Why?
Replies: 8
Views: 2230

Re: The market was off 800 points after hours! Why?

Markets, even futures markets react to news. When something unexpected happens sometimes the transient reaction is major.
by Sbashore
Mon Oct 31, 2016 9:58 am
Forum: Investing - Help with Personal Investments
Topic: When to buy mutual fund accoutn for child?
Replies: 4
Views: 348

Re: When to buy mutual fund accoutn for child?

When this question is asked the predominant answer is "Buy now", but no one can predict the future. So buy some now and buy some later. Since markets go up about 66% of the time, you might buy $6600 now and $3400 later. Or buy now. Investing is all about losing money, so one has to get us...
by Sbashore
Wed Oct 05, 2016 11:18 am
Forum: Investing - Theory, News & General
Topic: Adjusting the x% spending rule
Replies: 27
Views: 2694

Re: Adjusting the x% spending rule

I'm retired and I don't believe in following someone else's "rule".

I use a nominal percentage.

I compute a maximum withdrawal amount, call it my budget.

I consider my life expectancy and portfolio value averaged over the past two years.

Been working just fine.
by Sbashore
Tue Oct 04, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: What are implications of Jack Bogle's Morningstar interview
Replies: 39
Views: 5002

Re: What are implications of Jack Bogle's Morningstar interview

Hi Cody, Responses in your quoted post. I'm trying to wade through the future implications of the "Bogle: Tough Decade Ahead for Equity Investors" interview. I am in the withdrawal stage and, if I get it right, the interview points the way to much lower exceptions of future stock and equit...
by Sbashore
Tue Sep 27, 2016 12:19 pm
Forum: Personal Consumer Issues
Topic: Computer backup options
Replies: 21
Views: 1394

Re: Computer backup options

There's a product I use called Macrium. It has a free partition back-up and cloning version that is pretty robust. In the free version you can schedule periodic back-ups. Seems like a pretty professional product.

I like the quality and it's bailed me out so I know it works well.
by Sbashore
Tue Sep 20, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: ETF vs. Mutual Fund
Replies: 21
Views: 1308

Re: ETF vs. Mutual Fund

I've held ETF's in the past, because I wanted to hold investments in Vanguard Funds at a non-Vanguard institution. Using ETF's in this scenario worked best for me. When I left that institution and consolidated at Vanguard, I migrated to mutual funds because it was easier to manage and I had no need ...
by Sbashore
Thu Aug 25, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: Timing the Stock Market...lol
Replies: 25
Views: 2732

Re: Timing the Stock Market...lol

My IPS doesn't allow me to consider "a lot of talk" nor does it provide for "money on the sidelines". So not an issue for me. :happy
by Sbashore
Wed Aug 17, 2016 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 11517

Re: Anyone else getting nervous and converting to cash as a short-term move?

Don't do anything until you have a well thought out plan. Once you have that, what to do is easy......execute the plan and stay the course.
by Sbashore
Tue Aug 16, 2016 9:05 am
Forum: Investing - Help with Personal Investments
Topic: How often do you adjust your AA to account for your age?
Replies: 29
Views: 2480

Re: How often do you adjust your AA to account for your age?

I've been retired for eleven years. Currently my allocation is 50/50 equity/fixed. I entered retirement at 70/30 equity/fixed and adjusted to my present target which I aimed to hit at age 65. I accelerated that adjustment a bit during the run-up after 2008. I have no plans to change any more but do ...
by Sbashore
Mon Aug 15, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: US Gov vs federal contractor - medical benefits in retirement?
Replies: 35
Views: 3149

Re: US Gov vs federal contractor - medical benefits in retirement?

I'd say go with the Federal position. I've seen both sides. I'm a retired federal employee and the combination of pension/SS and medical benefits has me sitting quite comfortably, especially since I also have Medicare A and B. I also know someone who worked, although not as a contractor, at a major ...
by Sbashore
Wed Aug 10, 2016 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Strategic Default on Timeshares
Replies: 7
Views: 1224

Re: Strategic Default on Timeshares

I think you should give the resorts the chance to take back the timeshares first. You can explain that your parents are older and are no longer traveling. There's a chance they'll just absolve your parents of any future obligations. I imagine the resorts have plenty of means to try to bill your par...
by Sbashore
Wed Jul 27, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: Traits of a successful investor
Replies: 29
Views: 2330

Re: Traits of a successful investor

In my forty plus years of investing experience, the factor which enabled me to successfully implement my investment strategy was patience.
by Sbashore
Mon Jul 25, 2016 3:08 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2561

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

This is the first time I've seen a chart that illustrates very well my experience in the stock market since I retired in 2005 and my perception that going forward, no one really knows what will happen. We can hope though. :happy
by Sbashore
Tue Jul 19, 2016 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling discouraged
Replies: 60
Views: 6236

Re: Feeling discouraged

One of the virtues of the successful investor that is rewarded is patience. I remember coming out of the manic market of the 90's. It was hard to sit things out. But if you are successful you will be ultimately rewarded. Not a bad thing to keep in mind.
by Sbashore
Sat Jul 02, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Living off dividends/interest in retiremeht
Replies: 60
Views: 7031

Re: Living off dividends/interest in retiremeht

I'm retired and use total return. It's just the simplest way to do it. If you have an asset allocation that works for you, and your projected return is more than the 2.5% you need why worry? Another possibility is that if you try to structure your portfolio for sufficient dividends to meet your dist...
by Sbashore
Thu Jun 30, 2016 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Refinancing Home to buy Stocks. Confusion
Replies: 62
Views: 4339

Re: Refinancing Home to buy Stocks. Confusion

saltycaper wrote:Leverage plus a huge market timing move? This may not end well.


+1. Been there, done that. Only by virtue of luck did I not lose more than I did.
by Sbashore
Mon Jun 27, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Solar bonds
Replies: 11
Views: 998

Re: Solar bonds

Looks like a junk bond to me. Solar in general and Solar City in particular is an area I personally will avoid as an investor until something major changes in the industry.
by Sbashore
Sun Jun 26, 2016 11:32 am
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 12284

Re: What did you learn from the post-Brexit bloodbath?

Bloodbath? My portfolio is still in the black for the year. Non-event to me.
by Sbashore
Mon Jun 13, 2016 9:49 am
Forum: Personal Consumer Issues
Topic: The Most and Least Expensive Cars to Maintain
Replies: 40
Views: 4562

Re: The Most and Least Expensive Cars to Maintain

Seems reasonable to me since I'm a Toyota fan and owner.
by Sbashore
Wed Jun 08, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 85
Views: 6764

Re: Why should FEHB members buy Medicare Part B?

I opted to change to GEHA plus Medicare B. My overall premiums are quite reasonable for a situation with no deductibles and no co-pays. I've minimized the risk of health care costs in retirement to the point where they are not a factor for me.
by Sbashore
Wed Jun 08, 2016 10:16 am
Forum: Investing - Theory, News & General
Topic: Don't let your political views impact your investment strategy
Replies: 18
Views: 1832

Re: Don't let your political views impact your investment strategy

Thanks Larry. Good advice. While I may not like the economic policies of one party, and the resultant performance of my portfolio (at least in my unsubstantiated opinion) I've been able to stay the course. It has worked.
by Sbashore
Tue Jun 07, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Any preference between emerging mkts etf and adminal?
Replies: 3
Views: 242

Re: Any preference between emerging mkts etf and adminal?

livesoft wrote:You would be able to buy VWO at a steep discount during a flash crash. You couldn't do that with the mutual fund.


Or if you forgot to place a limit on a sell order during a flash crash you could get slaughtered. You couldn't do that with a mutual fund. :D
by Sbashore
Tue Jun 07, 2016 1:15 pm
Forum: Investing - Theory, News & General
Topic: At what point do we market time?
Replies: 87
Views: 6507

Re: At what point do we market time?

For me there is no point where I will time the market. My IPS takes into account the scenario you outlined and my spreadsheet, which implements my IPS will tell me exactly what to do after I fill in my account balances. It's all about maintaining my chosen risk level.
by Sbashore
Thu Jun 02, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: When do YOU rebalance?
Replies: 65
Views: 4809

Re: When do YOU rebalance?

livesoft wrote:I think something is wrong with a rebalancing algorithm that does not trigger any rebalancing if equities drop 20%.


How could you know that without reading my IPS? Maybe wrong for you. Not me.
by Sbashore
Thu Jun 02, 2016 10:05 am
Forum: Investing - Help with Personal Investments
Topic: When do YOU rebalance?
Replies: 65
Views: 4809

Re: When do YOU rebalance?

I went and did a simulation using my spreadsheet. It implements my IPS. A 20% drop would have me doing minor rebalancing among my equity classes, but no action to add to my overall equity position. That is what I would do.
by Sbashore
Tue May 31, 2016 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: How persnickety are you with your rebalance bands?
Replies: 39
Views: 3068

Re: How persnickety are you with your rebalance bands?

My bands are 5% overall equity/fixed and 20% for individual asset classes. When I breach those limits I usually take action. Sometimes I'll just buy or sell enough to get back into the band, not necessarily to the target. I did that in 2008-09. These days I don't get many signals to do anything. Som...
by Sbashore
Sat May 28, 2016 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Reading advice
Replies: 26
Views: 1675

Re: Reading advice

Your Money & Your Brain by Jason Zweig. I found that understanding the behavioral reasons behind some of my thoughts was a great tool in saving me from myself.
by Sbashore
Wed May 18, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: Is anyone here currently getting an annuity payout?
Replies: 19
Views: 2640

Re: Is anyone here currently getting an annuity payout?

I have a small survivors annuity that is currently being serviced by Met Life. It was originally Principal. Never had any problem with it in almost 16 years. Payments always credited on time.
by Sbashore
Wed May 18, 2016 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell?
Replies: 87
Views: 5241

Re: When to sell?

My value just didn't rise the way it was invested. It yo yo'd for 3 years between 43 and 45. just as it got up to 45k it would plummet down again so that is why I became frustrated and wanted the switch. Educate yourself. Make a plan you can believe in. Then stop looking. From what you're saying, l...
by Sbashore
Wed May 18, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: When to sell?
Replies: 87
Views: 5241

Re: When to sell?

Welcome to the forum. Sounds like you need a plan. Start here....https://www.bogleheads.org/wiki/Getting_started
by Sbashore
Fri May 13, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Fixing Past Investment Blunder
Replies: 11
Views: 1093

Re: Fixing Past Investment Blunder

What you are describing is a behavioral pitfall known as anchoring. Read about it in the Wiki. My advice is to move on. My preference would be a Total Stock Market Index Fund.

https://www.bogleheads.org/wiki/Behavioral_pitfalls
by Sbashore
Thu May 12, 2016 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: I need help choosing funds for my 401k through ADP
Replies: 7
Views: 869

Re: I need help choosing funds for my 401k through ADP

I think an IRA at Vanguard is a great idea. Down the road you could maybe use some of that IRA space to get some international or less expensive bond exposure. The advice Ruralavalon gave you for now is good.
by Sbashore
Sat May 07, 2016 5:53 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 4478

Re: Retirees: Who's not changing their AA, ever?

Actually I thought the main message of Bogleheads was that there really is basically one simple way to manage a portfolio and use it for income and deviations from it always prove to be detrimental in the longer term. Perhaps you could explain "one simple way" and "deviations from it...
by Sbashore
Sat May 07, 2016 11:41 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 4478

Re: Retirees: Who's not changing their AA, ever?

Since Firecalc/Trinity Study assumptions use a constant asset allocation rate regardless of age, shouldn't that be the correct way to handle a retirement portfolio used for income? Wouldn't an age-related glidepath approach used by target funds interfere with things and possibly invalidate the find...
by Sbashore
Sat May 07, 2016 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Please help with bond/fixed income side of portfolio
Replies: 14
Views: 1760

Re: Please help with bond/fixed income side of portfolio

I'd vote for the Total Bond Index, which is what I do. It helps keep things simple. I don't dwell on bond returns since that's not the primary reason I hold them. Thanks for your reply. I'm curious to know how you view the role of bonds in your portfolio. Anything beyond a buffer during volatility?...
by Sbashore
Fri May 06, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 4478

Re: Retirees: Who's not changing their AA, ever?

I'm 50/50 and plan to stay there. I like the simplicity and balance No problem with 50/50 especially with the balance it provides. I do get a bit of a chuckle about the simplicity of round numbers. I often feel the same. But isn't like 49/51 would be much more complex. :happy Perhaps I should be mo...
by Sbashore
Fri May 06, 2016 11:27 am
Forum: Investing - Theory, News & General
Topic: How does Market Analysis affect your investment?
Replies: 9
Views: 838

Re: How does Market Analysis affect your investment?

Since my personal experience of Market Analysis has shown a dismal track record for providing actionable information I do not use it in my investment decisions.
by Sbashore
Fri May 06, 2016 11:03 am
Forum: Investing - Theory, News & General
Topic: Indexed annuities
Replies: 32
Views: 2534

Re: Indexed annuities

These annuities appear to be mostly a scam presented to aging retirees using fear factor techniques but I would love to hear from anyone who disagrees and can present a good case for owning them. I think that about sums it up. +1. I am constantly amazed that the deception that goes into selling the...
by Sbashore
Fri May 06, 2016 11:01 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 4478

Re: Retirees: Who's not changing their AA, ever?

Retired approximately 11 years. Age 68. I'm 50/50 and plan to stay there. I like the simplicity and balance. I have pension and SS income sufficient to cover my basic expenses. Pension and of course SS are indexed to inflation.
by Sbashore
Fri May 06, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Please help with bond/fixed income side of portfolio
Replies: 14
Views: 1760

Re: Please help with bond/fixed income side of portfolio

I'd vote for the Total Bond Index, which is what I do. It helps keep things simple. I don't dwell on bond returns since that's not the primary reason I hold them.
by Sbashore
Thu May 05, 2016 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 60
Views: 5065

Re: Investment Fee's [too high?]

I can't thank you all enough for your advice and support and I hope I can help someone else some day in the future also! Well...I did meet with Chuck and have a check for non IRA investment coming my way. Told him to expect a withdraw of the IRA investment in the next few weeks. BTW he said I was p...
by Sbashore
Sat Apr 30, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 60
Views: 5065

Re: Investment Fee's [too high?]

Thank You all for the replies and advice. I will be doing some suggested reading for the next few days and have an appointment next week with my soon to be former advisor! Kim Don't bother. Select a new custodian (lots of folks here use Vanguard, but Fidelity or Schwab can work too) and give them a...
by Sbashore
Fri Apr 29, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 560
Views: 69429

Re: High Earners - What's Your Profession?

IT Specialist - Software Engineer. Now retired.
by Sbashore
Thu Apr 28, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: A/C outside unit suggestions
Replies: 9
Views: 917

Re: A/C outside unit suggestions

My best experience with longevity of a AC system is Lennox. Lived in Northern Utah for 14 years, it was in the house when I moved in and still working with minimal maintenance when I moved out 14 years later.
by Sbashore
Tue Apr 26, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: Selling a house with solar panels
Replies: 38
Views: 4587

Re: Selling a house with solar panels

I just sold a house last year in the desert southwest with a solar system. They're very popular here. Research showed that on average wholly owned solar panels added a little value, something less than 10%. Leased solar panels actually reduced the property value. This was a study of our local market.
by Sbashore
Sat Apr 23, 2016 5:06 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 23
Views: 2516

Re: How do you avoid bad market timing for lump sum investments?

I have it written into my IPS. Invest new money as soon as available.
by Sbashore
Fri Apr 22, 2016 1:03 pm
Forum: Investing - Theory, News & General
Topic: "The Index Card"
Replies: 19
Views: 3222

Re: "The Index Card"

Thanks for the link Taylor. I read with amusement his reference to Louis Rukeyser and him being a villain. It was on his show that I first saw Jack Bogle. I still remember that interview to this day.
by Sbashore
Fri Apr 22, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Why did Vanguard Reit go down
Replies: 9
Views: 1786

Re: Why did Vanguard Reit go down

I have held it for many years. It's volatile. It reacts to many different factors. Industry news, interest rate expectations, etc. It's up quite a bit lately, so a four percent drop is not surprising.

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