Search found 557 matches

by burt
Sun Oct 15, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2246

Re: Does Vanguard make sense without a computer ?

What about Vanguard PAS or Schwab Intelligent Advisory? The 30 basis points will buy them decent professional advice at low cost. Thank-you. I will most definitely advise them of the Vanguard PAS service. Schwab and Fidelity offices (for that face to face experience) are 1.5 hours away and I will a...
by burt
Fri Oct 13, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2246

Re: Does Vanguard make sense without a computer ?

I think I've been successful advising a relative to move from Edward Jones to Vanguard, however.... their computer/internet skills are poor at best. Computer security... forget it. This person is mid-age and has full cognitive abilities... however computer usage is limited to email and facebook whi...
by burt
Fri Oct 13, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2246

Re: Does Vanguard make sense without a computer ?

Thank-you to all those who responded. Good to hear there are Bogleheads who still use telephone and US Postal. I am going to recommend the same to my relative who is moving from Edward Jones to Vanguard. Yes, computer security was a big concern for people who are not computer savy. This is a small t...
by burt
Thu Oct 12, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2246

Does Vanguard make sense without a computer ?

I think I've been successful advising a relative to move from Edward Jones to Vanguard, however.... their computer/internet skills are poor at best. Computer security... forget it. This person is mid-age and has full cognitive abilities... however computer usage is limited to email and facebook whic...
by burt
Sun Oct 08, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10001

Re: Third time in my 32 year career I have been laid off

Sorry for the news. Oh golly. Only on Bogleheads would a single person with close to $2.7M be told that's not enough to retire. I'd sell the two properties, move to a lower cost of living area and rent. Consult when you want. Enjoy life. Yes you might owe some tax on the sale of the rental so perha...
by burt
Mon Oct 02, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 5279

Re: Would you take a pay cut to work from home?

When leading a team 2 years ago.... Half of the team was located 11 hours (time zones) away. We were told that computer communication tools would make this a seamless team. The other half of the team was located in the same building on different floors. We were told that everyone had to be on the sa...
by burt
Sun Oct 01, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 5279

Re: Would you take a pay cut to work from home?

Thanks to the OP and all of those who replied.
You reinforced my decision to retire.
We are not immortal.

burt
by burt
Sun Oct 01, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9548

Re: My boneheaded financial mistakes

Didn't save a dime my first 6 years out of school. Started with a Fortune 10 company, great pension, great medical, didn't need to save....or so I thought. Not sure where I spent the money not saved. Apparently that money didn't create everlasting memories. An extra $100,000 (today's dollars) would ...
by burt
Fri Sep 29, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14099

Re: Bay Area Real Estate

I have experienced a mass layoff in a one company town.
No job, and the house lost 25% value within 4 weeks.
A house can be a damn heavy anchor.

Apply the above to a one "industry" city on the west coast and multiply impact x 10.
Too much risk for me.

burt
by burt
Sat Sep 23, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8224

Re: Age you retired

Retired at age 60.
Not busy....... and that's the way I like it.

burt
by burt
Fri Sep 22, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 25192

Re: Calling out the not so rich bogleheads

Not so rich, that's me. Just an average engineer working for Megacorps for 40 years. Thank goodness for a 25 year pension and retiree medical or I couldn't retiree at age 60. Retired and moved back "home" to a low cost of living area. Mortgage is less than my association fees in the big city. No tra...
by burt
Fri Sep 22, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8224

Re: Age you retired

Retired age 60 from Megacorp in 2015.
Missed my target of age 58 mostly because I got smarter from reading Bogleheads.
Feel sorry for the retired guy across the street washing his siding with a sponge at 6:30 in the morning.
I don't have that problem....

burt
by burt
Thu Sep 14, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 32102

Re: Vanguard Customer Service

Over the past few months I've finally convinced my relative to move from Edward Jones to Vanguard. It was a tough sell. Now I'm reading this thread about poor customer service at Vanguard. If the phone call to Vanguard doesn't go smooth, I'm afraid my relative will stop the transfer process. I offe...
by burt
Thu Sep 14, 2017 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 32102

Re: Vanguard Customer Service

Over the past few months I've finally convinced my relative to move from Edward Jones to Vanguard. It was a tough sell. Now I'm reading this thread about poor customer service at Vanguard. If the phone call to Vanguard doesn't go smooth, I'm afraid my relative will stop the transfer process. I offer...
by burt
Sun Sep 10, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: New Mobile Phone number - Now hounded by Collection Agencies
Replies: 38
Views: 3260

Re: New Mobile Phone number - Now hounded by Collection Agencies

Thank-you for your responses and suggestions.
Think we may try to stick it out for a couple months to see if harassing calls reduce, before changing phone number.

"Technology is great, until it isn't." - burt

burt
by burt
Fri Sep 08, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: New Mobile Phone number - Now hounded by Collection Agencies
Replies: 38
Views: 3260

New Mobile Phone number - Now hounded by Collection Agencies

Recently retired and moved back to home state. Our old mobile provider had poor reception so we signed up with a new mobile provider. We wanted our phone numbers to reflect our new location so both of us got new mobile phone numbers. My new mobile number is good, however my wife is constantly gettin...
by burt
Sun Sep 03, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Speaks Softly but Carries a Big Stick
Replies: 29
Views: 3250

Vanguard-An open letter to directors of public companies worldwide

[Thread merged into here, see below. --admin LadyGeek] As a shareholder I totally support Vanguards position on: 1) Corporate Board of Directors 2)Governance structures 3)Appropriate compensation 4)Risk oversight https://about.vanguard.com/investment-stewardship/governance-letter-to-companies.pdf A...
by burt
Sun Sep 03, 2017 5:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard Speaks Softly but Carries a Big Stick
Replies: 29
Views: 3250

Re: Vanguard Speaks Softly but Carries a Big Stick

What if Exxon wants to invest in, say, fracking because it believes its long term value for its shareholders, but political action committee at VG blocks it in the name of climate change? Floodgates for active hands on management and political interference have now been opened. You can't not do any...
by burt
Thu Aug 24, 2017 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 64
Views: 6964

Re: Adjusting AA as retirement nears

These two articles have been a great help when I started retirement: The Center of Gravity for Retirees by Rick Ferri https://www.forbes.com/sites/rickferri/2015/02/06/the-center-of-gravity-for-retirees/#1bcf646d5dae and How to Tell if Your Retirement Nest Egg Is Big Enough by William J. Bernstein ...
by burt
Tue Aug 22, 2017 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 64
Views: 6964

Re: Adjusting AA as retirement nears

I note that Vanguard's Target Retirement funds go to 50/50 at their target date and then glide to 30/70 over the following seven years (other company's TR funds are similar). I think 30/70 is a fine asset allocation for retirement. People talk about average returns and leaving money on the table, a...
by burt
Thu Aug 17, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8752

Re: ObamaCare 2018

This thread is absolutely terrifying. I am so thankful for my company retiree medical insurance.....until it goes away. Never thought I would look forward to age 65. Actionable item: If my retiree medical insurance went away, I guess I would buy a used Buick and commute to whoever had group medical ...
by burt
Thu Aug 17, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10549

Re: Anyone planning on never retiring?

I wanted to retire at the top of my game. I think I did that... in my mind.
Didn't want someone else to tell me when my talents were sub-standard.
Call it ego, I guess.

burt
by burt
Thu Aug 17, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Vanguard Transfer
Replies: 6
Views: 812

Re: Edward Jones to Vanguard Transfer

If it's in a taxable account, it should be a tad more time efficient for you to sell the funds, get EJ to ACH you the money (if you get a call from their adviser, tell them you're buying a nice Mercedes or a house or something)... I agree. I just want to point out that it can be hard for some peopl...
by burt
Fri Jul 28, 2017 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Stock Portfolio For Late Starter?
Replies: 35
Views: 3017

Re: 100% Stock Portfolio For Late Starter?

Let’s say you're 40 yrs. old and a first time investor with a 25 year time horizon to retire. You don't mind volatility and want to be 100% stocks for the rest of your life. You also keep a significant cash reserve (18 months to 2 years savings) in cash equivalents. What are your thoughts on this? ...
by burt
Fri Jul 28, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to transfer out of vanguard?
Replies: 29
Views: 3220

Re: How to transfer out of vanguard?

I had a incident with my funds at vanguard that has made me loose all trust in them.... A different story in itself... But... How does one transfer funds from vanguard to say fidelity? I have a ira, roth, and a old 401k. Thanks, James Are you sure it's Vanguard's fault ? 20 years with Vanguard and ...
by burt
Wed Jul 19, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop being "concerned"
Replies: 27
Views: 5571

Re: When to stop being "concerned"

Why would I be concerned about stocks going on a massive sale? :D 100/0 If you are in the withdrawal phase rather than the accumulation phase, your perspective changes. +1 If retired and having 100x expenses in savings, I wouldn't worry about a 50% drop in stocks lasting 20 years. The worse that co...
by burt
Sat Jun 24, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 41037

Re: Regret early retirement/downsizing

From browsing this thread it seems like those who liked their work have a much tougher time adjusting to retirement than those who dreaded their work. For me... having the pain go away is satisfaction enough. (yes I know, I should have been making pizzas in a hippy community for the past 40 years.) ...
by burt
Fri Jun 23, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]
Replies: 66
Views: 6015

Re: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]

I love my 2010 Avalon, and will replace with another.
Advice: just take it to a reputable dealer/garage and get it checked out.

burt
by burt
Sun Jun 11, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 41037

Re: Regret early retirement/downsizing

Retired at 60, 1.5 years ago. I think people overthink retirement. It's amazing how much effort (life energy) is required to put food on the table and a roof over your head. All of a sudden at age 61 I'm supposed to find purpose ?? It's a little late for that. I help my neighbors, friends and relati...
by burt
Wed May 31, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 5796

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

Age 61/60. Retired 1.5 years. SWR a little less than 4%. No heirs.
Plan on taking SS at FRA age 66.
25 year company pension.
30/70 stock/bond allocation.
No need to take risk... with limited ability to take risk.

burt
by burt
Thu May 25, 2017 6:22 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 16725

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

Regarding taking SS at age 62 or delaying until age 70. I think I may pick door #3. Delay SS until FRA (Full Retirement Age) at age 66 and enjoy the extra $700/month. edit: And who knows, maybe I want to do part time work before FRA at age 66. I most certainly would want to avoid the steep penalty f...
by burt
Sun May 21, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 11805

Re: Question for you high net worth individuals...

I think the way you make money on real estate is to hold it for decades. My dad bought his house in 1952 for $22,000 and sold it in 2004 for $1,600,000. After my uncle and aunt passed away, their son remarked that the house sold for $2500 over the original purchase price in 1953. This is in a rust ...
by burt
Sun May 21, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 21249

Re: Buying a luxury car (how dumb would it be to do this?)

Ohhh hell, go for it.
I guess a luxury car is better than gambling, drugs, or short term expensive relationships. :wink:

burt
by burt
Thu May 18, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Why 20% House Down Payment?
Replies: 14
Views: 2127

Re: Why 20% House Down Payment?

Just wondering.....
Who is lending money on a house with less than 20% down?
Seems like I've seen this before.......

burt
by burt
Wed May 17, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else agree with my logic on silicon valley housing?
Replies: 84
Views: 8186

Re: Anyone else agree with my logic on silicon valley housing?

Your logic is correct. When the music stops, someone is going to get burnt. Those most likely to get burnt are a young couple where both are educated having a family income between $200,000 and $400,000.
Just my opinion.

https://www.youtube.com/watch?v=SBjXUBMkkE8


burt
by burt
Sat May 13, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 21249

Re: Buying a luxury car (how dumb would it be to do this?)

I always wondered why a person would buy a Porsche 911 Turbo while crawling in traffic at 30 mph.
Maybe they are making a statement... A statement, which I wouldn't want to advertise.

burt
by burt
Sat May 13, 2017 5:13 pm
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 182
Views: 28161

Re: When 60/40 just isn't appropriate

60/40 is Ok in retirement if... when stuff hits the fan the impact is downsizing from a Mercedes to a Buick.
It's not OK if you downsize from 3 meals a day to 1 meal a day.

I'm at 30/70 and feel pretty comfortable with that.


burt
by burt
Fri May 12, 2017 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 7826

Re: Does Retirement Planning impact your job performance?

I got sick. If this didn't happen to me I would still be a prisoner to the rate race when I didn't need to be. When you have enough get out and semi-retire to something you enjoy. It's hard to leave the corporate lifestyle behind when you're in deep. Keep piling into your portfolio and let everyone...
by burt
Thu May 11, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 7826

Re: Does Retirement Planning impact your job performance?

Re: "Did" Retirement Planning impact your job performance ? When working ... we were on a forced ranking system. The manager only had so many 4's and 5's (Superior performance) to give out. Therefore better to give high ratings to younger people as an incentive to motivate or retain them, ...
by burt
Sun Apr 30, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 5134

Re: Looking For Advice - Move NY -> Tampa?

"The correlation I was referring to is between taxes and the social safety net, not crime." For the most part homelessness, quality of education, and health care vary greatly within any state and also tend to be much more local than a statewide statistic. Certainly this is true for larger...
by burt
Sat Apr 29, 2017 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 5134

Re: Looking For Advice - Move NY -> Tampa?

Crime is also a significant problem in Tampa. Compared to New York City, Tampa has crime rates that are significantly higher. Murder, the same rate Rape, rate is three times that of NYC Robbery, 50% higher rate Aggravated assault, more than double the rate Burglary, five times the rate Larceny, wel...
by burt
Fri Apr 28, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Phone For Japan?
Replies: 16
Views: 1227

Re: Phone For Japan?

Be careful with unlocked phones (phone not purchased from Verizon) on the Verizon network. Verizon customer service indicated my phone (Moto 4G) is not in their system. They couldn't sign me up for international plans (Canada). The agent indicated that a Pay as You Go plan "might" work bu...
by burt
Fri Apr 28, 2017 7:52 am
Forum: Personal Consumer Issues
Topic: Phone For Japan?
Replies: 16
Views: 1227

Re: Phone For Japan?

Be careful with unlocked phones (phone not purchased from Verizon) on the Verizon network. Verizon customer service indicated my phone (Moto 4G) is not in their system. They couldn't sign me up for international plans (Canada). The agent indicated that a Pay as You Go plan "might" work but...
by burt
Sun Apr 23, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 4157

Re: how much house can we afford? Boston area.

Are you willing to move outside the city? If you can move as far as a place like Sharon, MA, then you can get a reasonable house in a price range you could likely afford. If you're willing to compromise slightly and move to Easton, Framingham, or other similar places, you can do better. My wife and...
by burt
Sat Apr 22, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 6220

Re: Six pack for barbecue?

Great suggestions by all.
My only advice is..... NO LIGHT BEER.

burt
by burt
Sat Apr 22, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 13567

Re: You can never go "home" - retirement

What I have noticed during my working career of 40 years, is that many families move out of necessity (layoffs, plant closing, etc.) or career advancement (move or suffer). The adaptability of humans is amazing. Families will move to the worst s**holes (in country and out). They tell themselves it i...
by burt
Thu Apr 13, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 13567

Re: You can never go "home" - retirement

I recently retired and came back home after 40 years. Like the OP, back to the Great Lakes. It’s a small town and the population is about the same as 50 years ago. No crime, no traffic, no car jacking, no jugging, no home breakins, no drive by’s, no snakes. The hospital where I was born is still the...
by burt
Thu Apr 06, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Keurig Coffee Makers
Replies: 57
Views: 6121

Re: Keurig Coffee Makers

I just received an AeroPress as a holiday gift. It is a great cheap option that is also very easy to clean. If you're interested in individual cups of coffee its a great way to go. Prior I always made pour over which is another cheap easy way to make an individual cup. Both my methods involve grind...
by burt
Thu Apr 06, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Unique position
Replies: 17
Views: 1186

Re: Unique position

I have very recently found this forum, and I'm not surprised that so many people hold this philosophy. I have been studying the stock market and I am coming to the unfortunate realization that unless I get lucky, I'm probably not going to get way ahead by picking my own stocks. I will still leave a...