Search found 63 matches

by bikechuck
Sat Jul 08, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 9990

Re: Last 80 minutes of my career

congrats. what did you do? For the past 27 years I was blessed with the opportunity to work for a global non-profit organization that serves libraries. I led a small team in their financial planning & analysis group. I love the mission and values of this company because I love education. I also...
by bikechuck
Fri Jul 07, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 9990

Last 80 minutes of my career

After having W2 income for the past 49 years and since the age of 15, my exit interview with my current employer is 80 minutes from now. I think this was the last stop on my career and my swan song.
by bikechuck
Fri Jun 30, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard recommended Retirement allocation too simple?
Replies: 70
Views: 6220

Re: Vanguard recommended Retirement allocation too simple?

I do not think that it is too simple and I would simplify it further by putting my 50% allocation to bonds entirely in VG Total Bond Mkt Index Fund (VBTLX). For me the purpose of holding bonds is safety and I do not want to expose that portion of my portfolio to currency risk from exchange rate fluc...
by bikechuck
Fri Jun 30, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: The Index fund fallacy - what we lost sight of!!
Replies: 55
Views: 6565

Re: The Index fund fallacy - what we lost sight of!!

Throughout my lifetime communications and transportation barriers have fallen and the world has increasingly become a Global Village. I think this trend will accelerate and continue. For that reason I will continue to hold some international equities in an index fund(s). I do wish that doing so did ...
by bikechuck
Mon Jun 26, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 68
Views: 8308

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

I am not particularly computer savvy and I resisted online banking for a time. However, a year or so ago, to capture at least some yield on my cash reserves, I opened an online savings account with Ally and have been pretty much ignoring it. Last week based on this thread I opened four no penalty CD...
by bikechuck
Fri Jun 16, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 6529

Re: Your Favorite Portfolio Tilts

I'll play, I try to follow Taylor's advice re the three fund portfolio with two exceptions. 1) I have some money in a VG small cap value fund in my Roth 2) I have some money in TIAA Real Estate in my 403B with my current employer For now I am keeping both and I will not let either grow to more than ...
by bikechuck
Tue Jun 13, 2017 1:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 189
Views: 22238

Re: Roll Call for the Retirement Class of 2017!

I'm in, my graduation date is set for July 07, 2017. I communicated it a year or so ago, it is firm and final and no going back on it at this point. Yipee! "Firm and final and no going back" sounds like a Top-10 hit :D Welcome to the class! Bikechuck - are you a bicylist? Have you seen fo...
by bikechuck
Fri Jun 09, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Should equals take SS at FRA or Early to preserve portfolio?
Replies: 30
Views: 2671

Re: Should equals take SS at FRA or Early to preserve portfolio?

Assuming you qualify based on date of birth, one of you should take at FRA and the other file a restricted application for spousal, subsequently filing at 70. The odds are that one of you will survive and find the increased annuity payment of SS worth the wait. I always see this worded in this mann...
by bikechuck
Fri May 19, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 58
Views: 4975

Re: TIAA financial advisor?

I have some funds with TIAA from before my employer changed providers for our retirement program. Approximately three years ago in preparation for retirement (this July) I met with my TIAA advisor for the first time. It was well worth my time and he had several suggestions that I have implemented or...
by bikechuck
Thu May 18, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 58
Views: 9496

Re: Is the Vanguard Balanced Index Fund all you need?

This has been an interesting thread and has me contemplating how I want to restructure my portfolio after my wife and I retire later this year. I am now thinking of doing the following ... 1) Use the Vanguard Balanced Index Fund as our core holding however, a 60/40 split is too rich for our risk tol...
by bikechuck
Wed May 17, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7848

Re: Article: "Our emergency fund is exactly $0.00"

Guess I am more conservative than most. My wife and I are retiring later this year and I like the idea of having 2-3 years of expenses in high yielding savings accounts and CDs so we would not have to withdraw from investments in the event of a prolonged Bear Market.
by bikechuck
Tue May 09, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Question re 401K to IRA conversion at retirement
Replies: 1
Views: 247

Question re 401K to IRA conversion at retirement

I will be retiring in July and I want to move my 401K balances from my employer’s plan to an IRA. I want to move this money to a three fund portfolio using Vanguard funds. I already have some funds from a previous employer with TIAA and I will keep money in TIAA Traditional as a bond substitute so I...
by bikechuck
Fri May 05, 2017 2:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 189
Views: 22238

Re: Roll Call for the Retirement Class of 2017!

Here is the updated Roll Call for the Retirement Class of 2017. So far there are 10 graduates and the year has barely begun. Already graduated - Congratulations!! 03 Jan - oldcomputerguy xx Jan - quantAndHold 30 Jan - Tom1320 (54) 31 Jan - Lance 08 Feb - mrc 28 Feb - munemaker 01 Mar - Johnora 03 M...
by bikechuck
Fri May 05, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Leaving company - what to do with 401k
Replies: 7
Views: 712

Re: Leaving company - what to do with 401k

I can see the benefit of ultimately having all our investments with one provider (i.e. Vanguard), on the other hand I don't mind being a bit diversified and not having all my money with Vanguard. The spousal unit and I have decided not to consolidate our portfolio with one provider. There is some s...
by bikechuck
Thu Apr 20, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 39293

Re: Larry Swedroe says "Goodby."

I would like to thank Mr. Swedroe for his past participation in this online community and to wish him well as he plans to spend more time with his family in retirement. I have learned so much from reading his posts. I would also like to thank Mr. Larimore for summarizing Larry's reasons for his deci...
by bikechuck
Wed Apr 19, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Article-Argument against Buffet and Bogle's International Advice
Replies: 36
Views: 4416

Re: Article-Argument against Buffet and Bogle's International Advice

I have a small allocation to international equities because I value the diversification. I also understand and hate that it exposes me to the risk of currency fluctuations on top of the normal market risk that comes from investing in U.S. based companies. That said, I intend to stay the course and c...
by bikechuck
Thu Apr 13, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Please recommend-A new TV with good sound system
Replies: 15
Views: 1159

Re: Please recommend-A new TV with good sound system

I have really enjoyed my ZVOX sound system. The one that I purchased is a black rectangular box that the TV sits on top of (they make sound bars as well). The sound quality exceeded my expectations, the unit looks nice and kind of disappears visually, it is exceedingly simple to set up and has worke...
by bikechuck
Tue Apr 11, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]
Replies: 72
Views: 33990

Re: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]

I might as well pile on in case it keeps someone from making the same mistake that many of us have reported. I purchased a twin blade self propelled Honda mower from Home Depot last fall when my crappy Toro failed (I hated that Toro mower). The Honda does run well and has never failed to start on th...
by bikechuck
Tue Apr 04, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed Gifting a car to a daughter who is moving out of state
Replies: 12
Views: 751

Re: Advice needed Gifting a car to a daughter who is moving out of state

My younger daughter finished her PhD at the University of Michigan yesterday. I want to gift her a four year old car that I purchased primarily for her use a while back. She currently has an Ohio drivers license but is moving to California to live with her fiancé with plans to marry later this year...
by bikechuck
Tue Apr 04, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed Gifting a car to a daughter who is moving out of state
Replies: 12
Views: 751

Advice needed Gifting a car to a daughter who is moving out of state

My younger daughter finished her PhD at the University of Michigan yesterday. I want to gift her a four year old car that I purchased primarily for her use a while back. She currently has an Ohio drivers license but is moving to California to live with her fiancé with plans to marry later this year....
by bikechuck
Mon Apr 03, 2017 9:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Madison Meetings - Master Thread
Replies: 100
Views: 24175

Re: Wisconsin - Madison Meetings - Master Thread

Hopefully I am not hijacking the thread if I ask Madison area Bogleheads what it is like to retire in the Madison area? My daughter, her husband and my two granddaughters live in Madison and my wife and daughter are dialing up the pressure for us to relocate there from central Ohio. I always said th...
by bikechuck
Mon Mar 27, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 7851

Re: Massive Student Loan Debt - Girlfriend

When I got married my wife had student debt and I did not. Her father advised/encouraged her to take out student loans and then default on them which neither of us were comfortable with. Shortly after getting married we had our first child, my wife dropped out of the workforce for several years and ...
by bikechuck
Fri Mar 10, 2017 9:23 am
Forum: Investing - Theory, News & General
Topic: On Buying Used Cars and Using a Financial Advisor
Replies: 51
Views: 3790

Re: On Buying Used Cars and Using a Financial Advisor

I do not use a paid advisor though I do check in once a year or so for a discussion with Lincoln Financial who runs the retirement program where I work and with an advisor from TIAA where I have funds from a previous retirement plan. There is no charge for reviewing my situation with Lincoln or TIAA...
by bikechuck
Tue Feb 28, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: What's Happened to Vanguard Reps?
Replies: 17
Views: 2232

Re: What's Happened to Vanguard Reps?

I have a very small amount of money with Vanguard in a Roth. When they first set it up, they set it up incorrectly as a traditional IRA. Fortunately I spotted it right away, called them and they corrected it within a week or so (quicker than the time that they said it might take to do so). This was ...
by bikechuck
Tue Feb 28, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax forms for after tax 401K roll over to Roth
Replies: 2
Views: 288

Tax forms for after tax 401K roll over to Roth

I have been participating in my employer’s after tax 401K plan for many years and my plan allowed me to initiate a trustee to trustee transfer of 1 )My after tax contributions to a Roth IRA and 2) The taxable earnings on these contributions to a regular IRA. I never received a check and the funds fl...
by bikechuck
Thu Feb 16, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 3981

Re: Anxiety about buying used car

I know that you are looking for a used car but I have had mixed results with them and I decided to take a different approach. I always purchased new Honda Civics and drove them close to 200,000 miles. I figured that I could buy two or three new Civics for what many people pay for one new car. They h...
by bikechuck
Fri Feb 03, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: All investments with Vanguard - Should I diversify
Replies: 19
Views: 2081

Re: All investments with Vanguard - Should I diversify

I do believe that there is minimal to no investment risk in focusing all of my investments with VG, Fidelity or Schwab or others but I do think that there is a slightly higher administrative risk. It is possible that there will be a time when I need access to funds during a period where there is a c...
by bikechuck
Wed Dec 14, 2016 10:42 am
Forum: Investing - Theory, News & General
Topic: Edward Jones Annuity Review - Tips before I begin
Replies: 16
Views: 2341

Re: Edward Jones Annuity Review - Tips before I begin

Not all annuities are evil. I have one that I opened ~ 30 years ago that pays a guaranteed minimum 4.5% annual return with a highly rated insurance company. When I retire in 2017 I can take distributions of interest only, draw down some of the principal or let it ride and accrue interest if I choose...
by bikechuck
Thu Dec 08, 2016 2:01 pm
Forum: Investing - Theory, News & General
Topic: McDonald's Stock
Replies: 103
Views: 10322

Re: McDonald's Stock

Interesting thread, I worked for McDonalds for ~ 7 years in the late 70s/early 80s and I still have stock in their retirement and employee stock purchase plans. I no longer want to own individual stocks and I no longer want to own MCD because I do not feel they have good long term prospects. However...
by bikechuck
Fri Dec 02, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 70
Views: 8966

Re: Gift To Self

After a lifetime of frugality I plan to retire in July of 2017 and I have almost convinced myself to purchase an airstream basecamp travel trailer https://www.airstream.com/travel-trailers/basecamp/. Over the years most of our family vacations have been tent camping and my spousal unit and I want to...
by bikechuck
Fri Sep 16, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: SHould I consider a restricted application for spousal benefits
Replies: 3
Views: 505

SHould I consider a restricted application for spousal benefits

I plan to retire in the summer of 2017 at age 64 and my spouse who is a year younger will retire soon thereafter. I reached the age of 62 prior to the end of 2015 and my spouse did not. I have a higher SS benefit than my spouse but not by a lot. Based on my understanding of the complex SS regulation...
by bikechuck
Wed Jul 13, 2016 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Where would you invest/rebalance "if"...
Replies: 24
Views: 1675

Re: Where would you invest/rebalance "if"...

Interesting question, as I approach my retirement I am increasingly concerned about the BOND portion of my portfolio. Interest rates cannot go down much further without going negative and if/when they go up I don't want any portion of my portfolio in Long term Bonds. What I have done is to keep a ro...
by bikechuck
Thu Jun 02, 2016 7:50 am
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 9331

Re: Thank you Taylor Larimore

I have learned the most from his three fund portfolio thread. Although I cannot quite get there with the fund choices in my employer's retirement plan, I am moving in that direction and will adopt it more fully when I retire and I can move most of my funds to Vanguard. I especially appreciate Mr. La...
by bikechuck
Wed May 18, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1829
Views: 1048408

Re: The Three-Fund Portfolio

When I retire later this year or early next year I plan to move my 401Ks to Vanguard and adopt the three fund approach however I have access to two investments that I think might make sense to keep as part of my bond portfolio. 1) TIAA Traditional currently paying 4% guaranteed 2) A similar fixed an...
by bikechuck
Mon Feb 08, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 10
Views: 1542

Re: Moms $

I would caution about CDs that not everyone wants to manage CDs. They're like churning credit cards for miles in that you have to constantly keep on top of them. It's a project. I know because I used to do the CD thing, and to make any money above the cash rate in a high yield bank account, you nee...
by bikechuck
Mon Feb 08, 2016 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 10
Views: 1542

Re: Moms $

With all the predictions for lots of market volatility and 4% returns I struggle to find a way to safely invest it for her where she would be getting any kind of decent return to make the risk worth it Thank you Do you think that someone here will know of some secret investment that can guarantee a...
by bikechuck
Sun Feb 07, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put slush fund $$ & earn some more $$ ?
Replies: 9
Views: 1394

Re: Where to put slush fund $$ & earn some more $$ ?

Yes, we feel that we need up to five years of cash for basic living expenses, for when hard times hit once more, & this is only about 3% of our total assets. Any more suggestions ?? How about half in the Ally savings a/c @ 1% with the rest in a five year CD ladder. That way you have access to 1...
by bikechuck
Mon Feb 01, 2016 1:21 pm
Forum: Investing - Theory, News & General
Topic: Bogle vs. Vanguard on International Funds
Replies: 27
Views: 4683

Re: Bogle vs. Vanguard on International Funds

And one thing to consider is that, counterintuitively, increasing diversification by adding international stocks might actually increase risk. There is a certain academic purity, though, to having international stocks in your portfolio, at least if you subscribe to the idea that capital moves fairl...
by bikechuck
Sun Jan 31, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Downward trend over?
Replies: 46
Views: 5210

Re: Downward trend over?

I'm taking a fast survey,I would like to see if anyone else is feeling as optimistic as myself,after doing my rebalance and our 2016 Roth contributions last week I feel like we're on our way to a great year ahead. anyone agree? Not me. The US stock market is still overvalued considering earnings, g...
by bikechuck
Sun Jan 31, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Employer's TIAA-CREF plan - live with it or question it?
Replies: 15
Views: 1317

Re: Employer's TIAA-CREF plan - live with it or question it?

(FWIW, I don't invest in REITs, but jump at a chance to invest in TREA.)[/quote]

Why do you prefer TREA to REITS? I am not questioning your judgement I am just trying to learn from you a I have the opportunity to invest in either.

Thanks in advance for sharing your thoughts.
by bikechuck
Wed Jan 27, 2016 7:07 am
Forum: Personal Consumer Issues
Topic: Stick Vacuum recommendations
Replies: 11
Views: 1094

Re: Stick Vacuum recommendations

I have had a Hoover Linx for a couple of years now. Works great on my hardwood floors and carpeted stairs. I love that it is cordless, light and very effective. It sucks but in a good way.
by bikechuck
Sun Jan 24, 2016 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Best TV display type?
Replies: 10
Views: 1153

Re: Best TV display type?

OLED has the potential to offer huge improvement in picture quality over plasma and lcd (i.e. infinite contrast). The problem is that OLED tech is new and you'll pay an early adopter premium. Wait till they are a bit more mainstream and prices will come down. Also other improvements like HDR and WC...
by bikechuck
Sat Jan 23, 2016 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 9496

Re: Most anticipated retirement purchase

Time for what? Volunteer work and a small farm. And trust me, the farm is for pleasure not making $$. I have a friend who is retiring this year from a delivery company in his 60s and now wants to work on a farm. Actually wants to buy one but his wife insist he tries it out first. Green Acres is the...
by bikechuck
Fri Jan 22, 2016 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 7125

Re: Going from 50/50 US/Int to All US

Don't sell anything, just stop adding to international and keep adding to domestic with new money. Slowly your AA will be getting closer to Bogle's ideal, but you won't be selling low. Over the long term, I think that would be the most profitable strategy. Well that works if you are in the accumula...
by bikechuck
Mon Jan 18, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: "Do You Need to Diversify by Fund Company?"
Replies: 51
Views: 4916

Re: "Do You Need to Diversify by Fund Company?"

The thing I worry the most about is IT issues. What if someone does a Sony-style hack on Vanguard? We really have no idea how well prepared any one company is for an event like this. AMEN, there are administrative as well as investment risks and I do not like single points of failure. Ultimately I ...
by bikechuck
Mon Jan 18, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: 401k - an investment product is too good to be true
Replies: 22
Views: 2020

Re: 401k - an investment product is too good to be true

I would look for an opportunity to diversify. I have a similar IRA investment in a fixed annuity with Zurich Life Ins that pays a guaranteed minimum 4.5% that I opened approx. 30 years ago. I can move money in and out of it from other IRAs or 401Ks and I have not annuitized it. I am using it as a bo...
by bikechuck
Sun Jan 17, 2016 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Any here invested in individual stocks?
Replies: 36
Views: 3312

Re: Any here invested in individual stocks?

Most of my investments are in index funds, TIAA traditional and a fixed annuity which I purchased in an IRA ~ 30 years ago (not annuitized) that pays a guaranteed minimum 4.5%. However, for a time I worked for McDonald's Corp and I have some Mcd stock that I accumulated as part of their retirement p...
by bikechuck
Fri Jan 15, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: TLH into VTIAX and back out within a few days
Replies: 4
Views: 685

Re: TLH into VTIAX and back out within a few days

You are speaking in tounges. What is TLH?
by bikechuck
Fri Jan 15, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: I'm sitting here watching FOX Business...14200??
Replies: 92
Views: 10019

Re: I'm sitting here watching FOX Business...14200??

What difference does it make? I didn't sell anything in 2000-1 or 2008-9 Not about to start now The downturn in 2000-1 and 2008-9 did not impact me because like you I bought all way down, maintained my asset allocation and I was fine over time. This downturn terrifies me and it will have a much big...
by bikechuck
Wed Jan 13, 2016 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional vs Bonds
Replies: 11
Views: 1088

Re: TIAA Traditional vs Bonds

I am using TIAA traditional as a substitute for 30% of the Bond allocation in my portfolio. Another 30% is coming from a similar investment with another highly rated insurance company that pays a guaranteed minimum 4.5% return. Would you be willing to name that company? Thanks. Sure it is an IRA th...

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