Search found 548 matches

by Van
Sat Dec 03, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: Forget the 4% safe withdrawal rule -- use RMDs instead.
Replies: 46
Views: 5426

Re: Forget the 4% safe withdrawal rule -- use RMDs instead.

I think the RMD distributes based on 1/life expectancy. So, if you had a $500,000 portfolio and you were 75 years old with a life expectancy of say 15 years, the withdrawal/payout would be $33,333. The next year it would be whatever was in the portfolio X 1/14 and so on. I guess if you live 20 year...
by Van
Fri Dec 02, 2016 5:31 pm
Forum: Investing - Theory, News & General
Topic: Forget the 4% safe withdrawal rule -- use RMDs instead.
Replies: 46
Views: 5426

Re: Forget the 4% safe withdrawal rule -- use RMDs instead.

I think the RMD distributes based on 1/life expectancy. So, if you had a $500,000 portfolio and you were 75 years old with a life expectancy of say 15 years, the withdrawal/payout would be $33,333. The next year it would be whatever was in the portfolio X 1/14 and so on. I guess if you live 20 years...
by Van
Fri Dec 02, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 127
Views: 5582

Re: What percentage of international do you hold?

20% of my equity allocation is in international (FTSE ex-US). I have no particular reason for the 20% number.

0% of my bond allocation is in international.
by Van
Sun Nov 27, 2016 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 6650

Re: Why does the car dealer say leasing is cheaper than buying?

Car dealers have a long history of putting their customer's best interest first.
by Van
Sun Nov 27, 2016 2:46 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

This is a bit off topic (sorry) but I'm retired and I prefer a total return approach rather than an income focused approach. Income producing assets are currently richly priced due to their popularity and hence produce paltry levels of income relative to historical standards. REITS produced 9%+ yie...
by Van
Sat Nov 26, 2016 10:16 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 216
Views: 20849

Re: What is your favorite consumer product?

Garmin GPS. It saved my marriage, and I'm guessing many, many more!
by Van
Mon Nov 14, 2016 7:59 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 75
Views: 9865

Re: Muni bonds are getting killed. Are you bailing out?

Apparently as a consequence of Trump becoming POTUS elect, municipal bonds are getting slammed much worse than corporate bonds and somewhat worse than treasuries. The main factors are reported to be: anticipated lowering of tax brackets, anticipated increase in inflation and an anticipated increase...
by Van
Mon Nov 14, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 75
Views: 9865

Re: Muni bonds are getting killed. Are you bailing out?

Just today: Vanguard Intermediate-Term Tax Exempt was down 1.13% and Vanguard High-Yield Tax Exempt was down 1.5%.
by Van
Mon Nov 14, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 75
Views: 9865

Muni bonds are getting killed. Are you bailing out?

[See my post on Page 2 regarding proposed legislation -- admin LadyGeek] Apparently as a consequence of Trump becoming POTUS elect, municipal bonds are getting slammed much worse than corporate bonds and somewhat worse than treasuries. The main factors are reported to be: anticipated lowering of ta...
by Van
Mon Oct 24, 2016 12:03 pm
Forum: Investing - Theory, News & General
Topic: If the interest rates rise, won't the bond prices go down?
Replies: 22
Views: 2814

Re: If the interest rates rise, won't the bond prices go down?

The biggest risk to bonds in my view is not the Fed's expected snail-like pace of minuscule (0.25%) rises in interest rates. That is a tempest in a teapot. Bonds will in time recover nicely from that. The Fed can exert some control on short term rates, but has much less control on long term rates w...
by Van
Sat Oct 22, 2016 4:26 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

More people have lost money chasing for yield then at the point of a gun ~ John Bogle Stay the course with the tried and true plain vanilla total stock market and total bond market index fund Does choosing Intermediate Term Investment Grade, SEC yield = 2.25%, over Total Bond, SEC yield = 1.93%, co...
by Van
Wed Oct 19, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

And what did it do prior to 08 and subsequent to 08?? How many down years since inception? That fund traded at $8.78 on 10/20/1980 and at $5.90 on 10/3/2016. The quarterly dividend was about $.095/month at the beginning and is about $.026 today. Applying approximately 180% inflation over that time ...
by Van
Wed Oct 19, 2016 4:08 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

One of two responders have mentioned Vanguard's High Yield Corporate (VWEHX) as a possible way to get income yield without too much risk. The SEC yield is an attractive (by today's standards) 4.80%. The Vanguard Risk Potential is a moderate 3 rating (the same, for example, as the popular Wellesley F...
by Van
Thu Oct 13, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

It sounds like you're thinking about "income investing" rather than "total return" investing. I think more people on Bogleheads subscribe to "Total Return", in which you don't focus on dividends/interest, because it's a distraction from what really matters: overall por...
by Van
Wed Oct 12, 2016 8:58 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

I just checked the Vanguard CD rates for new issues. 1.8% for 7 year CD. Pretty pathetic.
by Van
Wed Oct 12, 2016 7:42 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

Not looking for income. I think more about the appreciation of my portfolio. If you are retired, don't you need some income to live on? I understand you can sell appreciated securities to generate income, but what do you do in a sustained down market? Do you sell assets from your depreciating portf...
by Van
Wed Oct 12, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Re: Retirees: Where are you going for income?

No free lunches - you are taking some credit and duration risk - but I do like the iShares LQD ETF. It's an investment grade corporate bond fund (so fits your need for no crazy risk) and it's a bit longer in term than many intermediate funds (it's closer to 10 years than 5). But, SEC Yield is 2.98%...
by Van
Wed Oct 12, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 14263

Retirees: Where are you going for income?

With interest rates on bonds and CDs so low, have any of you retirees out there found any decent investments for income? By decent, I mean something with more than a 3% or so interest/dividend return without being exposed to "crazy" default or interest rate risk?
by Van
Thu Oct 06, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of setting up and administering a TRUST
Replies: 4
Views: 432

Mechanics of setting up and administering a TRUST

My will leaves money to each of my adult children in the form of a trust. I'm considering just leaving the money outright mainly because I don't understand the mechanics of how trusts are established and administered. Will it be a chore for them to establish a trust? How is that done? Are trusts dif...
by Van
Fri Sep 30, 2016 8:28 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2089
Views: 512740

Re: What Movie Have You Recently Watched?

Hell or HIgh Water. I guess I'm the outlier as I did not think it was great as did several others that posted previously. Good but not great.
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: 3217

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: 2735

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: 2988

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: 5511

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: 1732

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: 9535

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: 900

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: 3589

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: 4822

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: 1463

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: 8174

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: 2089
Views: 512740

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: 4742

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: 9583

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: 2044

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: 2087

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: 2089
Views: 512740

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: 2252

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: 2016
Views: 520952

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: 1377

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: 3010

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: 3010

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: 5824

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: 1754

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: 2012

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: 2012

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: 7899

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: 2016

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: 2166

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.

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