Search found 528 matches

by Van
Fri Sep 16, 2016 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a 20% swing in my asset allocation
Replies: 41
Views: 2906

Re: Considering a 20% swing in my asset allocation

30/70 seems fine to me given your circumstances.

I'm (74) older than you, and I have also "won the game." So my 20/80 allocation suits me.
by Van
Thu Aug 18, 2016 8:37 am
Forum: Investing - Theory, News & General
Topic: Most Investors Won't Outperform this Simple Portfolio
Replies: 8
Views: 2653

Re: Most Investors Won't Outperform this Simple Portfolio

Thanks for posting this article. It is for most Bogleheads preaching to the choir.

As for Buffet's choice of 90% equities, I guess in the long run it will do better than a lesser allocation to stocks. How long is the long run? I guess no one can be sure of that.
by Van
Mon Aug 08, 2016 2:40 pm
Forum: Personal Consumer Issues
Topic: 50 gal gas water heater replacement
Replies: 25
Views: 2785

Re: 50 gal gas water heater replacement

Go with Bradford White. MADE IN AMERICA.
by Van
Wed Jul 20, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5360

Re: OK to stay in cash if you have 40-50x annual expenses?

I'm in the same situation with >50X annual expenses in liquid funds. However, I have chosen to be 20% in stock, 75% in bonds (all intermediate term; a mix of munis, treasuries and corporate) and 5% in cash. Even with that mix, I'm not sure I am doing much better than keeping up with inflation. To ea...
by Van
Tue Jul 19, 2016 5:16 pm
Forum: Personal Consumer Issues
Topic: Bermuda cruise
Replies: 21
Views: 1669

Re: Bermuda cruise

Bermuda itself is quite confining and difficult to get around in, since you cannot rent a car. Public transportation or taxi or motorbike. Not my favorite destination.
by Van
Fri Jul 15, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Leave kids money by trust or outright/tax implications
Replies: 71
Views: 9347

Re: Leave kids money by trust or outright/tax implications

I have been wrestling with this issue for a few years, since I had a new will drawn up. My estate attorney works for a very large well-known firm and only does this type of work. According to her.......and I asked the question over and over.......trust assets are protected against creditors and spou...
by Van
Tue Jul 05, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Is Strategic Asset Allocation Flawed?
Replies: 13
Views: 857

Re: Is Strategic Asset Allocation Flawed?

Take the macro view. Stocks (and similar) are always riskier than bonds (and similar), although the exact degree of risk with each will change from time-to-time. Besides, what alternative would you propose?
by Van
Wed Jun 29, 2016 7:22 pm
Forum: Personal Consumer Issues
Topic: Favorite ski resort
Replies: 61
Views: 3376

Re: Favorite ski resort

Aspen. Best blend of superb skiing, atmosphere and restaurants.
by Van
Tue Jun 28, 2016 6:07 am
Forum: Investing - Help with Personal Investments
Topic: When do YOU rebalance?
Replies: 65
Views: 4500

Re: When do YOU rebalance?

Once a year in the second week or so of January. I use the money that has accumulated in my tax-free MM account over the year. All earnings and dividends from all investments go into the MM account rather than being reinvested.
by Van
Tue Jun 21, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: early retiree - rollover to Wellesley Admiral?
Replies: 9
Views: 1410

Re: early retiree - rollover to Wellesley Admiral?

Wellesley is a good choice, but as others mentioned, 100% in anything is probably not wise.
by Van
Tue Jun 21, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: New Costco Visa & Car Rental Insurance
Replies: 25
Views: 5886

Re: New Costco Visa & Car Rental Insurance

According to my agent, my regular StateFarm auto policy covers any rental car. He told me to decline insurance offered by the rental company.

Is this not correct?
by Van
Mon Jun 20, 2016 12:15 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 447500

Re: What Movie Have You Recently Watched?

Money Monster. Save your money........not very good despite having star power.
by Van
Tue Apr 19, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to protect kids from losing inheritance in case of a divorce
Replies: 29
Views: 4669

Re: How to protect kids from losing inheritance in case of a divorce

Do a search for bsteiner on this forum. Regularly gives advice about this subject. Give your estate to your kids in trust, with either your children sharing trustee duties with a co-trustee (trusted friend or Vanguard) or using trusted friend or Vanguard as sole trustee. This is what I did in my tr...
by Van
Thu Apr 07, 2016 7:30 pm
Forum: Personal Consumer Issues
Topic: I'm Addicted [to investing and personal finance]
Replies: 64
Views: 9383

Re: I'm Addicted

The fix is easy. Give yourself a time limit, e.g. 1.5 hours per day, for reading or otherwise being involved with financial matters. Then exert some self discipline. You can do this. You never would have gotten through med school and internship without the ability to prioritize and organize your time.
by Van
Sun Apr 03, 2016 11:21 am
Forum: Investing - Help with Personal Investments
Topic: I buy $275 of stock 2x / week. Is such frequent buying bad?
Replies: 18
Views: 1981

Re: I buy $275 of stock 2x / week. Is such frequent buying bad?

Since it is in a taxable account, you are creating a very large number of purchase dates, number of shares and share prices to deal with when you decide to sell some of this holding. This just creates a bit of an accounting headache to deal with at tax time. Why don't you just make monthly or better...
by Van
Fri Apr 01, 2016 4:15 pm
Forum: Investing - Theory, News & General
Topic: Optimal Portfolio
Replies: 23
Views: 2055

Re: Optimal Portfolio

The enemy of a good plan is the dream of a perfect plan.
by Van
Fri Mar 25, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 447500

Re: What Movie Have You Recently Watched?

Trumbo. Quite good.
by Van
Tue Mar 08, 2016 12:16 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest Vacation
Replies: 26
Views: 2204

Re: Pacific Northwest Vacation

Although a bit of a diversion in not being between Seattle and Whitefish, the Oregon coast has some spectacular scenery. Check it out, if you can.
by Van
Wed Feb 24, 2016 7:59 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1857
Views: 449796

Re: What Book Are You Currently Reading? Part VI

LETTER TO A CHRISTIAN NATION by Sam Harris.

Even if you are not a freethinker now, you might be after reading this marvelous little book.
by Van
Mon Feb 15, 2016 4:59 pm
Forum: Personal Consumer Issues
Topic: Reading a newspaper online?
Replies: 18
Views: 1340

Re: Reading a newspaper online?

Call me old fashioned, but I really enjoy sitting down in the morning with a cup of coffee while leafing through my morning newspaper. The online version just does not do it for me.
by Van
Sat Feb 13, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: Watched Madoff:Considering Stuffing the Mattress
Replies: 19
Views: 2968

Re: Watched Madoff:Considering Stuffing the Mattress

expat wrote:In that case, don't watch the "The Big Short". Madoff was small-time.


I did see THE BIG SHORT, and it adds to one's anxiety. At the end of that movie, the point is likewise made that nothing substantial has changed. [OT comments removed by admin LadyGeek]
by Van
Sat Feb 13, 2016 5:07 pm
Forum: Investing - Theory, News & General
Topic: Watched Madoff:Considering Stuffing the Mattress
Replies: 19
Views: 2968

Watched Madoff:Considering Stuffing the Mattress

I watched the 2 part Madoff TV program starring Richard Dreyfuss last night. It made me wonder how safe it is to have your money in any financial institution. According to statements made at the conclusion of the second episode, nothing has really changed since 2008. The big banks, insurance giants ...
by Van
Tue Feb 09, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: White Kitchen Cabinets?
Replies: 55
Views: 5672

Re: White Kitchen Cabinets?

We have had white cabinets for 23 years..............they still look like new. No problems.
by Van
Mon Feb 08, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: are you buying or selling or staying the course
Replies: 22
Views: 1691

Re: are you buying or selling or staying the course

Staying the course, but it is getting harder and harder to stick with my international stock fund. I'm having no problem sticking with my US stock fund.
by Van
Mon Feb 08, 2016 10:12 am
Forum: Personal Consumer Issues
Topic: upgrade OS on older MAC?
Replies: 33
Views: 1950

Re: upgrade OS on older MAC?

I also own a late 2009 macbook aluminum body. Until last week I was also running 10.6.8, but was recently convinced by a coworker to upgrade. I have found slight performance increase since the upgrade. My coworker had the same experience but achieved a significant performance increase by doing a cl...
by Van
Sat Feb 06, 2016 2:38 pm
Forum: Personal Consumer Issues
Topic: upgrade OS on older MAC?
Replies: 33
Views: 1950

Re: upgrade OS on older MAC?

My 2011 era MBP is faster in El Capitan, if anything. Also, older OSes don't get security updates - 10.6.8 is swiss cheese, and shouldn't be allowed anywhere near the internet (doubly so if you do anything financial online) If you are still running with a spinning disk, add a cheap SSD to your upgr...
by Van
Wed Feb 03, 2016 9:37 am
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 7720

Re: What age did you retire

51. No regrets. Biggest disappointment: my golf game did not improve nearly as much as I thought it would!
by Van
Tue Feb 02, 2016 7:38 pm
Forum: Forum Issues and Administration
Topic: Ban Symbols [Ticker symbols in topic title]
Replies: 16
Views: 1930

Ban Symbols [Ticker symbols in topic title]

Just a suggestion: ban the use of 5 letter symbols in the Subject. If I just see the letters and not the name, I move on to the next subject line.

What possesses a contributor to think that all the members of the forum have memorized the symbols for all of the Vanguard funds???
by Van
Tue Feb 02, 2016 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley vs Indexing
Replies: 10
Views: 2113

Re: Wellesley vs Indexing

I am absolutely committed to indexing, BUT I have 10% of my portfolio in Wellesley. Once you own it, it is really hard to let it go.
by Van
Mon Feb 01, 2016 5:01 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 5094

Re: Charles Ellis' suggested portfolios by age

Too stock heavy for my taste. 50% in stocks at age 80!!!!!
by Van
Mon Feb 01, 2016 4:37 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 5094

Re: Charles Ellis' suggested portfolios by age

joebh wrote:It would be foolish to use age as the sole variable when deciding your portfolio.


+1
by Van
Tue Jan 26, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: File taxes via mail or electronically
Replies: 87
Views: 6616

Re: File taxes via mail or electronically

Filing electronically via a provider such as TurboTax means that TurboTax gets to keep a copy of your return on their server for as long as they like. If I could e-file directly with the various governments, I would. But I WILL NOT give my tax information to a 3rd party. I guess I'm naive or uninfo...
by Van
Sat Jan 23, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus vs TurboTax vs H&R Block for 2015
Replies: 117
Views: 10961

Re: TaxAct Plus vs TurboTax vs H&R Block for 2015

I have used TurboTax for many years, but I got tired of their "crap" and decided I would go with H&R Block for the 2015 return. I had no trouble importing data from my 2014 return into H&R Block. So, I was off to a good start. However, I wanted to jump around from topic to topic, a...
by Van
Fri Jan 22, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use the service of a CPA or you do your tax yourself?
Replies: 88
Views: 7223

Re: Do you use the service of a CPA or you do your tax yourself?

IMHO there is no need for a tax preparer unless you have some really complex issues to deal with, e.g. you have sold a property on an installment plan in California and you live in a different state and so on. Otherwise, use TurboTax or something similar and save yourself some $.
by Van
Sat Jan 16, 2016 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Ignore the noise
Replies: 16
Views: 2362

Re: Ignore the noise

I tend to agree with William Bernstein. He says that once you have won the game, why continue to play it? I am 8% stocks and feel fine. Then why do you have 8% stocks instead of 0%? I have also "won the game", but I have 20% in stock funds. I guess it is for the little rush I get when sto...
by Van
Fri Jan 15, 2016 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Ignore the noise
Replies: 16
Views: 2362

Re: Ignore the noise

I'm ignoring the drop. My plan is to rebalance at the beginning of each new calendar year, rather than using the % change in AA approach. To rebalance at the beginning of this year, I moved $ into stocks. So, I'm down more than if I had not rebalanced. So my questions (mainly to myself) are: 1. Can ...
by Van
Mon Jan 11, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Jane B. Quinn- New retirement guide- SS suspension
Replies: 10
Views: 2297

Re: Jane B. Quinn- New retirement guide- SS suspension

The clerks at SS are more often wrong than right.

Go to the SS web site (and check other sources by using Google) to find the information you need before going to your meeting. Take copies of the pertinent info with you.
by Van
Thu Jan 07, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: umbrella insurance - why so expensive?
Replies: 34
Views: 2914

Re: umbrella insurance - why so expensive?

About $550/yr for $5 million through StateFarm. However, there is underlying (right word?) coverage with my home and auto that is with StateFarm.
by Van
Wed Jan 06, 2016 1:46 pm
Forum: Personal Consumer Issues
Topic: Help me loosen the purse strings: need an intervention
Replies: 36
Views: 3947

Re: Help me loosen the purse strings: need an intervention

I am financially very secure, but I have trouble spending money on me, my wife and our home. However, I give away substantial sums to my children without much hesitation. IS THIS SOME SORT OF MENTAL DISORDER???
by Van
Tue Jan 05, 2016 6:21 am
Forum: Investing - Theory, News & General
Topic: At what age did you stop reinvesting dividends?
Replies: 45
Views: 5071

Re: At what age did you stop reinvesting dividends?

I just stopped today.......at age 74, but it had nothing to do with age. I decided to have all dividends and capital gains from all my mutual funds deposited in my money market account instead of reinvesting in the particular funds. This will provide the money needed to rebalance at the beginning o...
by Van
Mon Jan 04, 2016 3:14 pm
Forum: Investing - Theory, News & General
Topic: At what age did you stop reinvesting dividends?
Replies: 45
Views: 5071

Re: At what age did you stop reinvesting dividends?

Toons wrote:Current Age 65
Started to take some dividends and cap gains about 3 years ago after 35 years of reinvesting.
Still reinvesting in IRAs and a few funds in taxable. :happy


Does one have a choice about whether to reinvest or not in mutual funds held in an IRA?
by Van
Mon Jan 04, 2016 3:12 pm
Forum: Investing - Theory, News & General
Topic: At what age did you stop reinvesting dividends?
Replies: 45
Views: 5071

Re: At what age did you stop reinvesting dividends?

I just stopped today.......at age 74, but it had nothing to do with age. I decided to have all dividends and capital gains from all my mutual funds deposited in my money market account instead of reinvesting in the particular funds. This will provide the money needed to rebalance at the beginning of...
by Van
Tue Dec 29, 2015 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 (PC Download) 39% Off
Replies: 39
Views: 5717

Re: Turbo Tax Premier 2015 (PC Download) 39% Off

soupcxan wrote:I can't believe people are rushing back into Intuit's arms after the stunt they pulled last year with Deluxe. There are plenty of better options. Fool me once, shame on me...I won't get fooled again Intuit!


+1
by Van
Tue Dec 29, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Puerto Rico Muni Default on Jan. 4
Replies: 7
Views: 746

Re: Puerto Rico Muni Default on Jan. 4

It's really not difficult to go through Vanguard's Municipal Fund holdings to see what each owns for Puerto Rico, because each fund has listings by state (or equivalent in this case). All you have to do is download the most recent annual or semi-annual report. Knowing how to do this would be a good...
by Van
Tue Dec 29, 2015 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Puerto Rico Muni Default on Jan. 4
Replies: 7
Views: 746

Puerto Rico Muni Default on Jan. 4

According to CNN Money, Puerto Rico will probably default on municipal bond payments due on January 4. Two questions: (1) I own Vanguard's intermediate-term and high-yield muni funds. Is there some way to determine how many, if any, bonds from Puerto Rico are held by these funds, without going throu...
by Van
Mon Dec 28, 2015 3:46 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 447500

Re: What Movie Have You Recently Watched?

Creed.

Good but not great. Maybe 3 out of 4 stars.
by Van
Sun Dec 27, 2015 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Negotiate Salary Now?
Replies: 39
Views: 3643

Re: Should I Negotiate Salary Now?

Play Jesse James only when you have a firm offer from another company in your back pocket.
by Van
Sat Dec 26, 2015 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Writing checks - a Bogleheads thing to do?
Replies: 117
Views: 10160

Re: Writing checks - a Bogleheads thing to do?

I only write checks when (1) there is no other option or (2) I want to copy the check for my tax records before sending it off.
by Van
Thu Dec 24, 2015 4:17 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Bogle's bond portfolio advice?
Replies: 40
Views: 4490

Re: Thoughts on Bogle's bond portfolio advice?

Or, to keep investing simple, one could invest in Vanguard's Intermediate-Term Bond Index Fund, which is approximately a 50/50 split between Treasuries and Corporates. I would think this an even better idea. That is the conclusion I reached about a year ago. I moved all of my taxable bond money int...

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