Search found 112 matches

by bikechuck
Fri Nov 24, 2017 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 36
Views: 1010

Re: if you could use only 1 investment firm...

I am nervous about having all accounts within one entity. Why? There is institutional risk of cyber attack or systems failure of any sort. Most of this hopefully could eventually be sorted out but it could take time and limit your access to you funds in the meantime. It is .less likely that an atta...
by bikechuck
Fri Nov 24, 2017 6:18 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 74
Views: 4487

Re: Why does everyone keep increasing their international stock %?

Because the correct allocation is the one that approximates the market portfolio (which is about 55% international), but there is still a lot of home bias that people are getting over. Investing in international has exchange rate risk so you need to be right about the investment performance and rig...
by bikechuck
Wed Nov 22, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: IRA at TIAA - optimize expense charges?
Replies: 6
Views: 408

Re: IRA at TIAA - optimize expense charges?

I have TIAA from a previous employer who used them exclusively for their retirement plans. I moved all of the money in my TIAA 401K to TIAA Traditional which I am happy to have and which I consider a substitute for a Bond Fund. I have a smaller IRA with them (approx 7% of my overall portfolio) which...
by bikechuck
Sun Nov 19, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: AA, Roth conversion, and NUA as approaching RMD
Replies: 4
Views: 289

Re: AA, Roth conversion, and NUA as approaching RMD

What does LSD stand for in your final bullet point?
by bikechuck
Sun Nov 19, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3295

Re: Vanguard Personal Advisor Services/Portfolio Review

I think that you have received some good advice and that you have approached your retirement in a thoughtful manner. The one piece of advice that I disagree with is having money in international bonds. International funds, bond or equity, carry exchange rate risk in addition to market risk and in th...
by bikechuck
Sat Nov 18, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 155
Views: 12503

Re: Is holding bonds now dangerous?

Nobody knows... I agree that the markets are hard/impossible to predict. But with interest rates at zero, there is only one way for interest rates to go. And bonds have an extremely simple relationship with interest rates. Rates go up, bonds go down in value, and vice versa. This isn't about making...
by bikechuck
Fri Nov 17, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 4754

Re: Where did you first learn about investing?

When I was 14 my mother (a single parent) pulled me aside and told me that if I wanted to go to college I would need to pay for it myself. Based on that conversation I got a part time job at the local IGA store at the age of 15 and began saving my money. This was a lesson in saving more than a lesso...
by bikechuck
Wed Nov 15, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14753

Re: Why pay cash for a car?

can you get rates that low on used cars? I dont think so. So your point is look for rebates and pay cash? personally, given my current net worth, I would only ever buy a used car. if i could buy a used car and borrow at < 1.0%... then maybe I would actually put up with the payment for 2-3 years and...
by bikechuck
Sat Nov 11, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 106
Views: 10277

Re: Tipping for restaurants where you order at the counter

So basically none of you would tip in advance? You would hit the "no tip" button and then tip at the end by leaving some cash on the table? nisiprius, I tip on the undiscounted total in your scenario. I tip in advance in all three situations listed earlier in this thread. My wife and daughters have...
by bikechuck
Fri Nov 10, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: NUA (Net Unrealized Appreciation) and Tax Returns
Replies: 9
Views: 493

Re: NUA (Net Unrealized Appreciation) and Tax Returns

Chip, thank you for your post. Some of what you posted is inconsistent with what I have been told which confirms that I need to find an authoritative source and do some additional reading/homework. I am not planning to do a lump sum distribution. I was going to do a trustee to trustee roll-over of t...
by bikechuck
Fri Nov 10, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: APY Bump [Annual Percentage Yield - online savings bank]
Replies: 7
Views: 557

Re: APY Bump

I have purchased a few ALLY 11 month no penalty CDs. If you have $25,000 to invest they pay 1.5% and after 6 days there are no early withdrawal penalties.
by bikechuck
Fri Nov 10, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: NUA (Net Unrealized Appreciation) and Tax Returns
Replies: 9
Views: 493

NUA (Net Unrealized Appreciation) and Tax Returns

I have a 401K from a previous employer invested in that company’s stock as well as a few index funds. I plan to take advantage of the NUA rules in January of 2018 by 1) Moving the company stock to a taxable brokerage account and 2) Rolling the index funds into a Vanguard IRA. My understanding is tha...
by bikechuck
Wed Nov 08, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: E-Mail bombs from TIAA-CREF
Replies: 4
Views: 610

Re: E-Mail bombs from TIAA-CREF

Why would you open an IRA with them? Just curious. I recently opened an IRA with them as I have some retirement funds with TIAA from a previous employer that I plan to put 100% into TIAA traditional as a bond substitute (some of these funds are currently in TIAA Real Estate). I earn approx 4% on th...
by bikechuck
Mon Nov 06, 2017 9:19 am
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 33
Views: 3299

Re: New Columbus, Ohio Chapter

Polymereyez wrote:
Mon Nov 06, 2017 8:55 am
Is a Columbus Boglehead meeting being held at the library this Sunday, Nov. 12 at 2pm? Will we be discussing topics we didn't get to last month (asset allocation and fixed income)?
Thanks, Kurt
I have blocked out the time and am planning to attend unless it is cancelled.
by bikechuck
Sun Nov 05, 2017 5:03 pm
Forum: Personal Consumer Issues
Topic: Did I earn an extra hour of interest last night?
Replies: 56
Views: 3971

Re: Did I earn an extra hour of interest last night?

All I know for sure is that I woke up one hour younger this morning.
by bikechuck
Fri Nov 03, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3120

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

Merriman is one of the good guys. He is more slice and dice than many in this community but I have spent a lot of time reading his web site and listening to his podcasts and I am happy that I have done so.
by bikechuck
Fri Nov 03, 2017 4:17 pm
Forum: Investing - Theory, News & General
Topic: Regret of selling winning stocks early
Replies: 64
Views: 8573

Re: Regret of selling winning stocks early

I have some company stock from a previous employer that I am waiting to sell in January as 2018 which will be my first full year of retirement and when I will be in a lower tax bracket. This stock is in a retirement account so I plan to take advantage of the NUA rules which is why I held the stock a...
by bikechuck
Thu Nov 02, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Market Crash Defensive Portfolio
Replies: 30
Views: 3591

Re: Market Crash Defensive Portfolio

Hi! I have studied investing for a few months and im trying to figure out what asset allocation would be best in the case of a market crash. Ive seen the portfolio models of https://portfoliocharts.com/ and the Permanent Portfolio and Golden Butterfly seemed to be best candidates. I tried to push t...
by bikechuck
Thu Nov 02, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 2936

Re: Do you Mow your own Lawn?

Lawns require too much water, which can get very expensive. I'd rather drink it or having it for bathing purposes. We are in a drought in California (although not at the moment), so we got rid of all our lawns (and the work they require) and put in dymondia as a ground cover instead. No mowing need...
by bikechuck
Wed Nov 01, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Everyone makes mistakes
Replies: 4
Views: 1458

Re: Everyone makes mistakes

As part of this, last week I asked Lincoln Financial to do a partial roll over of my retirement balances with them to an IRA that I opened with TIAA. I checked today to see if my account had been decremented yet and the good news is that it had been. The bad news is that they zeroed out the account...
by bikechuck
Wed Nov 01, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Everyone makes mistakes
Replies: 4
Views: 1458

Everyone makes mistakes

I retired in July and am in the process of reducing the number of institutions and accounts where my portfolio is disbursed. As part of this, last week I asked Lincoln Financial to do a partial roll over of my retirement balances with them to an IRA that I opened with TIAA. I checked today to see if...
by bikechuck
Tue Oct 31, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA policy regarding "clicking on email links" ?
Replies: 16
Views: 770

Re: TIAA policy regarding "clicking on email links" ?

My TIAA advisor has often hung forms on their secure website for me. I log onto their site collect the form and proceed from there. Starnge that they are not doing the same for you in this situation. Your TIAA rep has done this specifically "for you", even if the document isn't generally handled th...
by bikechuck
Tue Oct 31, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA policy regarding "clicking on email links" ?
Replies: 16
Views: 770

Re: TIAA policy regarding "clicking on email links" ?

My TIAA advisor has often hung forms on their secure website for me. I log onto their site collect the form and proceed from there. Starnge that they are not doing the same for you in this situation.
by bikechuck
Mon Oct 30, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: 2-fund vs. 3-fund
Replies: 26
Views: 2528

Re: 2-fund vs. 3-fund

I prefer four funds as I have approx 5% of my portfolio in TIAA Real Estate. I have approx 20% of my equities in a Vanguard international index fund but I do realize that this is a trade-off between the diversification that it offers and the currency risk that I am assuming on top of the market risk...
by bikechuck
Sun Oct 29, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Thaler's Misbehaving: The Making of Behavioral Economics - FREE*
Replies: 10
Views: 674

Re: Thaler's Misbehaving: The Making of Behavioral Economics - FREE

Are Kindle UNLIMITED and PRIME that same thing?

I have PRIME but the AMAZON site says that this is free to borrow for those with an UNLIMITED subscription.
by bikechuck
Sat Oct 28, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Courses at American College (of Financial Services)
Replies: 9
Views: 542

Re: Courses at American College (of Financial Services)

So why did I decide to take the RICP classes? As a retiree I regularly teach free adult education classes in my community that focus on retirement planning and investing. After having done so since 2009, I've become quite well known as a creditable source of in-depth information. I am also being ca...
by bikechuck
Tue Oct 24, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: So I bought/im thinking
Replies: 69
Views: 4800

Re: So I bought/im thinking

So last week 10/17/17 I bought a few ETF's I bought..... 3 VTI 2 VOO 3 VXUS 3 VNQ 3 BND 3 VWO So with that being said only 2 out of the 6 are gaining value VOO and VTI, the others are losing value what do you think I should do rule of thumb is buy and hold which is what I am thinking of doing eithe...
by bikechuck
Sun Oct 22, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?
Replies: 20
Views: 1067

Re: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?

I have approx 5% of my portfolio in TIAA Real Estate and plan to keep it. I figure that some day when I need a withdrawal it might be up or down slightly while stocks are tanking. I consider it to be equities while targeting a 50/50 portfolio.
by bikechuck
Sun Oct 22, 2017 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility
Replies: 19
Views: 984

Re: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility

I have a wonderful TIAA advisor who helps me evaluate my portfolio whenever I want to discuss it with him. I retired in July and he has exerted zero pressure to consolidate my various 401Ks under the TIAA umbrella. In fact he has encouraged me to invest with Vanguard if I prefer Vanguard funds for t...
by bikechuck
Thu Oct 12, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 5070

Re: Is there boglehead consensus on buying a car?

I have purchased both new and used cars over the years, I do think that the best value has been when I purchased new cars and drove them for ten or more years and 150,000 or more miles. I purchase pretty boring cars and have owned three Civics in my lifetime. The most expensive car that I have ever ...
by bikechuck
Wed Oct 11, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: 10 year anniversary of the beginning of the Great Recession
Replies: 45
Views: 4373

Re: 10 year anniversary of the beginning of the Great Recession

At the time I was still working (just retired this year). I kept funding my retirement plan buying all the way down and all the way up investing in the same funds that I did pre-recession. I was not very sophisticated so I did not re-balance. Doing nothing worked out very well and enabled me to reti...
by bikechuck
Wed Oct 11, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Do I lose NUA if I quit my job?
Replies: 7
Views: 784

Re: Do I lose NUA if I quit my job?

I worked for a Megacorp that I left 30 years ago and kept money in their retirement plan including company stock. Next year (my first full year of retirement) I plan to close that retirement plan rolling the non company stock investments into an IRA and rolling the company stock into a brokerage acc...
by bikechuck
Wed Oct 11, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity replacing SS shortfall?
Replies: 14
Views: 1014

Re: Annuity replacing SS shortfall?

I'm not at all concerned about SS hitting the wall and reducing payouts. A fix will be devised before that happens. But I'm all in favor of having large pension and/or annuity income each month in retirement as well. But I only do Immediate Annuities. When I throw the switch on another $100K at TIA...
by bikechuck
Mon Oct 09, 2017 9:32 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 9574

Re: Bogleheads you would most like to meet and why?

Taylor Larimore,

I would like to thank him for everything that I have learned from him and also for how polite and patient he is with members of this community.
by bikechuck
Thu Sep 28, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6210

Re: My Smartest Financial Moves

1) Always invested in 401Ks, 403bs etc though not always to the max until my daughters were out of college. Kept my allocation consistent and increased my contributions during the 2008/2009 and similar downturns 2) Generally purchased relatively inexpensive new cars and drove them for 10 years and 1...
by bikechuck
Fri Sep 22, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8744

Re: Age you retired

I retired in July of this year at the ripe old age of 64 and 1/12. My spousal unit will retire in December and I guess it would be impolite to share her age.
by bikechuck
Tue Sep 19, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12985

Re: Any "average Joe" here actually make out well with individual stocks?

I have one individual stock from a former employer in a tax deferred IRA that I want to sell next year (my first full year of retirement). I want to wait to take advantage of the net unrealized appreciation tax rules when I am in a lower tax bracket. I have been very lucky as this stock is up by app...
by bikechuck
Tue Sep 19, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: CDs and Required Minimum Distributions
Replies: 11
Views: 902

Re: CDs and Required Minimum Distributions

Thank You!

I learned something valuable from these responses as I had incorrectly understood that each IRA was subject to RMDS. I had no idea that you could aggregate them for purposes of determining your RMD and then make the withdrawal from any one of them.

That makes things much easier!
by bikechuck
Tue Sep 19, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: CDs and Required Minimum Distributions
Replies: 11
Views: 902

CDs and Required Minimum Distributions

After my recent retirement I am restructuring and simplifying my portfolio. Nearly all of my investments are in tax advantaged investments and I will be gradually moving funds from my 401K(s) to IRAs. I prefer individual CDs or at least some individual CDs to the total Bond Market funds. However I a...
by bikechuck
Mon Sep 18, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why is TransUnion pushing True Identity vs credit freeze?
Replies: 28
Views: 11960

Re: Why is TransUnion pushing True Identity vs credit freeze?

The spousal unit and I went with the True Identity option. Hopefully an OK choice.
by bikechuck
Thu Sep 07, 2017 7:19 am
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 33
Views: 3299

Re: New Columbus, Ohio Chapter

Thanks so much for getting this started, I plan to attend.
by bikechuck
Tue Sep 05, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage missing $ again
Replies: 19
Views: 3112

Re: Vanguard Brokerage missing $ again

Posts like these are frightening and make me wonder if I should move away from Vanguard. I had one small problem with them in the past and it was quickly and professionally resolved so I cannot complain about the customer service that I have received. Still, disappearing balances of the type referen...
by bikechuck
Tue Sep 05, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Passive Investing Misconceptions
Replies: 5
Views: 1514

Re: Larry Swedroe: Passive Investing Misconceptions

I found this comment interesting ... Investors should avoid concentrating all of their risk in U.S. equities (due to a home-country bias) As much as I respect Mr. Bogle and Mr. Buffet I intent to keep approx. 20% of my equities in international index funds. I will limit it to 20% based on recommenda...
by bikechuck
Tue Aug 29, 2017 1:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 33
Views: 3299

Re: New Columbus, Ohio Chapter

Just wanted to say thank you to RetiredMarine and to Mel Lindauer for getting this off the ground.
by bikechuck
Mon Aug 28, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: What is the best way to buy CDs in an IRA
Replies: 3
Views: 696

What is the best way to buy CDs in an IRA

I am recently retired and targeting a 50% equity/50% Fixed Income portfolio. For the Fixed Income portion I am using TIAA Traditional and a Fixed Annuity (not annuitized) that pays a guaranteed minimum 4.5% as bond substitutes. However these two investments only amount to 2/3 of what I need in fixed...
by bikechuck
Wed Aug 23, 2017 8:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 33
Views: 3299

Re: New Columbus, Ohio Chapter

I live in Dublin, Ohio, am recently retired, and would be interested. If it is just the two of us, send me a private message and worst case we can meet for coffee.
by bikechuck
Tue Aug 22, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: DirecTV vs. Dish vs. Cable
Replies: 21
Views: 1807

Re: DirecTV vs. Dish vs. Cable

I made the mistake of going to Direct TV a month or so ago whilst wandering through Costco. My bill was cut in half vs cable which is nice but I lose my satellite connection in a slight drizzle which is very annoying. Unfortunately we signed a two year contract.
by bikechuck
Sat Aug 05, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7850

Re: Study: Who Sold Stock During the 2008-9 Crash?

Our only investments were in tax deferred retirement accounts. We continued to buy through payroll withholdings and employer contributions all the way down and all the way up again without changing our allocations. At the time we were not as educated about an appropriate asset allocation etc but we ...
by bikechuck
Sat Aug 05, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Roth, Taxes and Mistakes
Replies: 41
Views: 4392

Re: Roth, Taxes and Mistakes

[quote="pshonore"]First, its very unusual for a couple filing MFJ to get a bigger refund by filing separately. I am not sure that I agree with this if you take State Income Taxes into consideration. My spousal unit and I live in a state with a very small joint filing credit and a graduated tax rate ...
by bikechuck
Sat Jul 08, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 10811

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 tau...