Search found 896 matches

by cinghiale
Fri Jul 22, 2016 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Help With Ranking the Risk/Safety of Investments
Replies: 1
Views: 170

Help With Ranking the Risk/Safety of Investments

I am currently reviewing my investments and wanted to rank order them from lowest to highest risk. Here's my first cut, ranked from lowest risk at the top to highest risk at the bottom. The list includes both assets currently held and a few I am considering either adding or switching into. I think t...
by cinghiale
Fri Jul 15, 2016 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Strictly Dividend Growth Investing in 457b
Replies: 5
Views: 330

Re: Strictly Dividend Growth Investing in 457b

OP, You mention "put(ting) 100% of a portfolio in SCHD." That leaves room for interpretation. I assume you mean 100% of your 457b plan. But is that your one and only savings vehicle? Do you have an IRA, a 401 plan, a taxable savings account? If so, what percentage of your overall portfolio...
by cinghiale
Fri Jul 15, 2016 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dividend ETF
Replies: 10
Views: 933

Re: Vanguard Dividend ETF

It's not an ETF, but I continue to hold Wellesley Income. Its 38% or so stock allocation might as well be a dividend fund. I have no plans to add to it, draw from it, or sell it in the foreseeable future.
by cinghiale
Thu Jul 07, 2016 7:50 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 9055

Re: Fixed 60/40 AA in retirement

letsgobobby wrote: This is nonsense. The vast majority of Americans will not have 25x in total assets, and even most Bogleheads will not have 25x in safe assets. Net of inflation and taxes the number with 25x in safe assets is infinitesimal. Anyway, what's the instrument to achieve that? The only s...
by cinghiale
Thu Jul 07, 2016 5:51 am
Forum: Investing - Theory, News & General
Topic: "The Thirteen Word Retirement Plan"
Replies: 21
Views: 3493

Re: "The Thirteen Word Retirement Plan"

Many thanks, Taylor !! Just downloaded it for free, and am sharing the link with a few others. Hmmmm... the thirteen words... I was hoping for something profound like Michael Pollan's dietary advice (in a more compact seven words): "Eat food. Mostly plants. Not too much." But, as others ha...
by cinghiale
Tue Jul 05, 2016 11:31 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 9055

Re: Fixed 60/40 AA in retirement

A few posts unthread, Rob54keep mentioned the blog posting by Rick Ferri where he advocates a 30-70 allocation in retirement. I thought the following paragraphs to be quite germane to this discussion: Retirees and those almost retired shouldn’t care what their highest level of risk tolerance is beca...
by cinghiale
Tue Jul 05, 2016 8:08 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 9055

Re: Fixed 60/40 AA in retirement

johnny wrote: But do you NEED to take that risk? As it happens, my pension (tho not particularly generous) is indeed inflation-adjusted and pretty much meets my needs. I've posed the question before on this forum as to what my asset allocation should be. A few folks have said I should load up on eq...
by cinghiale
Tue Jul 05, 2016 7:34 am
Forum: Personal Consumer Issues
Topic: Anyone else make things for their own use?
Replies: 42
Views: 3555

Re: Anyone else make things for their own use?

As blueblock mentioned, this may be expanding the definition of "making" just a wee bit, but I am sprouting seeds and growing micro greens as the first new project of my retirement. Love doing it, there are a variety of seeds and legumes to experiment with, and it provides an immediate and...
by cinghiale
Fri Jul 01, 2016 12:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: Abuss368 has 10,000 posts!!
Replies: 29
Views: 1772

Re: Abuss368 has 10,000 posts!!

Hey, man, congratulations.

(Please reciprocate when I hit 1000.)
by cinghiale
Fri Jul 01, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (June 2016)
Replies: 14
Views: 1058

Re: madsinger monthly report (June 2016)

Thanks once again, Brad. Always grateful to see where Wellesley Income sits in relation to other popular benchmarks, models, and formulae.
by cinghiale
Wed Jun 29, 2016 6:26 am
Forum: Investing - Theory, News & General
Topic: Bogle's Actual Approach
Replies: 9
Views: 1079

Re: Bogle's Actual Approach

I have a good friend who's a church pastor. He belongs to a denomination whose tenets include the following: Be clear on "absolutes," "convictions," and "preferences," and don't mistake one for another. One gets into trouble when promoting and inflating one's preference...
by cinghiale
Wed Jun 29, 2016 5:48 am
Forum: Investing - Theory, News & General
Topic: Bogle's Actual Approach
Replies: 9
Views: 1079

Re: Bogle's Actual Approach

I think we can agree that your list may be described as the Bogle Approach for Mr. Bogle.

I see nowhere in his writings, interviews, or speeches where there's a one-size-fits-all "approach."

Many roads lead to Dublin...
by cinghiale
Thu Jun 23, 2016 8:48 am
Forum: Personal Consumer Issues
Topic: Your favorite country to possibly retire to?
Replies: 89
Views: 6597

Re: Your favorite country to possibly retire to?

Watty wrote: There are lots of places that could be great for a few years when you are in your 60s and active and in relatively good health. By the time you are in your 70's or 80's those places might seem a lot less fun and be a lot more difficult to live in. This is an important point. I'm retire...
by cinghiale
Thu Jun 23, 2016 4:56 am
Forum: Personal Consumer Issues
Topic: Your favorite country to possibly retire to?
Replies: 89
Views: 6597

Re: Your favorite country to possibly retire to?

I hope it's not too gauche to quote one's own past posting, but I wrote this on a similar thread a short while ago: "We are now where a few decades of travel and careful retirement planning led to: Mediterranean Europe. Low cost of living, with abundant seafood, fruit, produce, wine, and olive ...
by cinghiale
Mon Jun 20, 2016 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Cref expenses, which fund to use?
Replies: 18
Views: 1324

Re: TIAA Cref expenses, which fund to use?

This may be straying a bit from your question, but is TIAA Traditional offered in your plan? Might you use that as a fixed income choice and balance it out with increased equity holdings in other accounts? It's just that TIAA Real Estate and TIAA Traditional are hard to replicate elsewhere. They pro...
by cinghiale
Sun Jun 19, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: I knew there was a reason I invest in Wellesley
Replies: 15
Views: 3548

Re: I knew there was a reason I invest in Wellesley

Years ago, someone posted a quote about Wellesley that read something like, "During your working years, pay Wellington 10% of your income each month, and when you retire, let Wellesley pay you each month." That's a pretty mangled version of the quote. But I've always remembered the gist, a...
by cinghiale
Sun Jun 12, 2016 1:52 pm
Forum: Investing - Theory, News & General
Topic: Developing conviction to stick with a long-term investment plan
Replies: 11
Views: 1158

Re: Developing conviction to stick with a long-term investment plan

Maybe we should combine what Watty and livesoft suggested-- to wit: a public declaration, a "publishing" of our failed attempts at investing in the next great stock, sector, country, fund manager, commodity, or timing system. Think of it as something like Overreachers Anonymous. "Hi, ...
by cinghiale
Wed Jun 08, 2016 6:31 am
Forum: Personal Consumer Issues
Topic: Book suggestion, please- Grieving Process - Loss of a loved one
Replies: 22
Views: 1741

Re: Book suggestion, please- Grieving Process - Loss of a loved one

Consider Necessary Losses by Judith Viorst. https://www.amazon.com/Necessary-Losses-Dependencies-Impossible-Expectations/dp/0684844958/ref=sr_1_1?s=books&ie=UTF8&qid=1465385121&sr=1-1&keywords=necessary+losses This book covers all areas of loss during life: loss of a love, loss of on...
by cinghiale
Tue Jun 07, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: The Goldilocks Theory of Being Rich
Replies: 31
Views: 4068

Re: The Goldilocks Theory of Being Rich

The key to amassing wealth is obtaining freedom. Wealth can enable one to be free to keep working, be a benefactor, travel the world, doing everything, or do nothing. If someone is super rich but not free, it's hard to imagine someone ultimately being happy or fulfilled. The Nassim Taleb quote was s...
by cinghiale
Fri Jun 03, 2016 12:42 pm
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 44
Views: 6425

Re: Thank you Taylor Larimore

This isn't an original Taylor quote, but he has done more than anyone else to keep it front and center in the minds of those on the forum: It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair In age of increasingly aggressive an...
by cinghiale
Mon May 23, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: "A Wealth of Common Sense" -- A Gem
Replies: 8
Views: 2125

Re: "A Wealth of Common Sense" -- A Gem

So many great reminders! Here's one that was particularly telling: The classic three-fund portfolio from Vanguard consist of some combination of the Total U.S Stock Market Index Fund, the Total International Stock Market Index Fund and the Total U.S. Bond Market index Fund. -- Rick Ferri and Alex Be...
by cinghiale
Thu May 19, 2016 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Special Considerations for High Net Worth? Advisor?
Replies: 40
Views: 2683

Re: Special Considerations for High Net Worth? Advisor?

One profound insight offered by John Bogle is that economics in general and investments in particular are special and unique areas in that you cannot become an expert with time spent and the subject deeply studied. In most any other endeavor (here think of being a surgeon, car mechanic, tennis playe...
by cinghiale
Mon Apr 25, 2016 1:29 pm
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 43
Views: 4518

Re: Pros/Cons of Condo Living?

Here's something that seldom gets mentioned: Try to find out who your neighbors will be. If you have time, attend a condo owners' meeting. (Not always easy as some only meet once a year.). Try to visit the condo building at a time when you can bump into people. Introduce yourself. Mention that you m...
by cinghiale
Wed Apr 13, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: How do you find more satisfaction while living below your means?
Replies: 52
Views: 4866

Re: How do you find more satisfaction while living below your means?

Lots of good "frame of mind" perspectives here. Since Taylor was kind enough to send out his "gems" from one of Jack Bogle's works and a number of posters have cited good and inspiring books, let me add one that has a profound effect on LBYM: Alain de Botton's Status Anxiety . Th...
by cinghiale
Wed Apr 13, 2016 11:06 am
Forum: Personal Consumer Issues
Topic: One finance/investing book you heard great things but wasn't your cup of tea.
Replies: 29
Views: 2697

Re: One finance/investing book you heard great things but wasn't your cup of tea.

This may be minor heresy for many members of the forum, but I just couldn't get into Reinhart and Rogoff's This Time Is Different . I was intrigued by the subject matter and impressed by all the awards the book won. But, Lordy, the book was such drudgery. As with many academic works, the author or a...
by cinghiale
Wed Apr 13, 2016 4:30 am
Forum: Personal Finance (Not Investing)
Topic: How do you find more satisfaction while living below your means?
Replies: 52
Views: 4866

Re: How do you find more satisfaction while living below your means?

Over the years we found satisfaction via a "pound wise, penny foolish" strategy. We would reward ourselves with lunches out (often with Groupon or Restaurant.com coupons), but avoid dinners ar restaurants. We would haunt the thrift stores while avoiding the malls. We love a good glass of v...
by cinghiale
Tue Apr 12, 2016 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 76
Views: 10261

Re: Friend is an Edward Jones financial advisor -- should I drop him?

I'm relatively late to the party with this thread, but wanted to give it a bump. I spent last night in rapt horror and fascination reading "The Edward Jones Saga" originally posted by RadAudit on February 2 and commented upon in many subsequent replies. I was reminded of the some of the di...
by cinghiale
Mon Apr 11, 2016 5:01 am
Forum: Personal Finance (Not Investing)
Topic: any suggestion for a good book on early retirement?
Replies: 6
Views: 1080

Re: any suggestion for a good book on early retirement?

I would include one of the first and best works on early retirement and financial independence, Your Money or Your Life , by the late Joe Dominguez and Vicki Robin. It's now almost 25 years old (originally published in 1992), but quite a few of the works that followed drew from this one. The actual ...
by cinghiale
Sat Apr 09, 2016 12:57 pm
Forum: Personal Consumer Issues
Topic: I'm willing to pay them whatever they want!
Replies: 66
Views: 8161

Re: I'm willing to pay them whatever they want!

Lots of agreement with many of the items mentioned so far. Taking literally the "whatever they want" part, though, one thing stands out for me: Dental work. I got caught in a developing country in the summer of 2013 when a huge filling came out of a back molar. I was concerned that the ent...
by cinghiale
Thu Apr 07, 2016 12:59 pm
Forum: Personal Consumer Issues
Topic: If you could retire anywhere, regardless of healthcare, etc.
Replies: 118
Views: 11405

Re: If you could retire anywhere, regardless of healthcare, etc.

Not a whole lot of Europe in the responses thus far. Interesting. We are now where a few decades of travel and careful retirement planning led to: Mediterranean Europe. Low cost of living, with abundant seafood, fruit, produce, wine, and olive oil. Lots of free or low-cost live music. Exquisite clim...
by cinghiale
Thu Apr 07, 2016 1:21 am
Forum: Investing - Theory, News & General
Topic: Easy "alpha" in your portfolio
Replies: 33
Views: 3498

Re: Easy "alpha" in your portfolio

No. Just coincidence. I would have a very hard time trying to come with some reason why I picked this username.
by cinghiale
Wed Apr 06, 2016 3:56 am
Forum: Investing - Theory, News & General
Topic: Easy "alpha" in your portfolio
Replies: 33
Views: 3498

Re: Easy "alpha" in your portfolio

livesoft wrote: Avoid paying extra for so-called "organic" food. This is a sidebar to the thread, but I would add two qualifiers to this one. First, if the intent is to avoid mis-labeled or mischaracterized "organic" food, then fine. That requires some online homework, to determ...
by cinghiale
Mon Apr 04, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Why own (non-index) mutual funds at all?
Replies: 43
Views: 3927

Re: Why own (non-index) mutual funds at all?

I own Wellesley Income Admiral shares (Expense Ratio: 0.16%), and it is the cornerstone of our retirement accounts. Hmmm... why? I suppose my reasons for liking it and holding it combine the following: An impressive long-term track record, and management that has chosen good dividend stocks and appr...
by cinghiale
Tue Mar 29, 2016 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: retiring overseas?
Replies: 14
Views: 1437

Re: retiring overseas?

ResearchMed asked: How do you handle health care? Do you have coverage from your US-based days or are you eligible for health care (without paying $$$$$) where you now live. If the latter, how did you arrange that? And if you needed to show sources/amounts of income for something other than tempora...
by cinghiale
Tue Mar 29, 2016 4:44 am
Forum: Personal Finance (Not Investing)
Topic: retiring overseas?
Replies: 14
Views: 1437

Re: retiring overseas?

If you are serious about this possibility, you will want to do your homework. A very good place to start is a recent thread on the forum, "Cities Good for Living Abroad," initiated by Leeraar . There's a wealth of good opinion (including my own!) :wink: in that discussion. A few points to ...
by cinghiale
Mon Mar 14, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do most of you plan to retire "full-time"?
Replies: 126
Views: 11693

Re: Do most of you plan to retire "full-time"?

Another INTJ here (tested consistently over the past 30+ years) and another "yes, agree completely" on the observation of greatly enjoying my own blend of solitude and social interaction in retirement. Love the freedom that comes with each new day, and love the option of either engaging in...
by cinghiale
Mon Mar 07, 2016 12:08 pm
Forum: Personal Consumer Issues
Topic: Cities good for living abroad?
Replies: 110
Views: 10761

Re: Cities good for living abroad?

This has been a great thread to read, and I have a few "fine tuning" questions for the OP: 1) Does city size matter? Some of the cities mentioned are small and walkable. Others are immense. Really and truly: size matters. If you have only nine months, you will want to settle in fast and be...
by cinghiale
Mon Mar 07, 2016 4:22 am
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 19
Views: 2119

Re: Instant pot

Mrxyz , You may want to edit your inquiry to let readers know you are referring to a "programmable pressure cooker." I had to google the term to know what you were talking about. My first thought was that this was a new product, inspired by recent commercial and legal developments in Colo...
by cinghiale
Fri Mar 04, 2016 10:43 am
Forum: Investing - Theory, News & General
Topic: Where Do You Place TIAA Traditional and Real Estate?
Replies: 5
Views: 577

Re: Where Do You Place TIAA Traditional and Real Estate?

Thank you for the replies thus far.

livesoft, there's an abundance of information in the thread you referenced. Thanks for sending the link.
by cinghiale
Fri Mar 04, 2016 5:43 am
Forum: Investing - Theory, News & General
Topic: Where Do You Place TIAA Traditional and Real Estate?
Replies: 5
Views: 577

Where Do You Place TIAA Traditional and Real Estate?

I am currently doing an annual review of my investments. In trying to determine the current allocation of stocks/bonds/cash/other, it occurred to me that I wasn't quite sure where to place two non-Vanguard investments, TIAA Traditional Fund and TIAA Real Estate. (As an aside, both are held in a tax-...
by cinghiale
Wed Mar 02, 2016 3:33 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (February 2016)
Replies: 5
Views: 974

Re: madsinger monthly report (February 2016)

Brad,

Thanks once again for posting these stats. Like investor, I like to see where Wellesley Income, my one concession to active management and the cornerstone of my retirement savings, stands in relation to the other portfolios and funds.

:beer
by cinghiale
Sat Feb 13, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing my Vanguard Portfolio (dump Kiplinger funds?)
Replies: 8
Views: 1084

Re: Optimizing my Vanguard Portfolio (dump Kiplinger funds?)

A recent thread entitled "What is Your Favorite Financial Quote or Metaphor?" Included this John Bogle gem (courtesy of LateStarter1975 ): "The surest route to top-quartile returns is bottom-quartile expenses" - John Bogle I really don't think there's any hatred per se about Kipl...
by cinghiale
Sat Feb 13, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Management vs Schwab Bank
Replies: 28
Views: 3341

Re: Fidelity Cash Management vs Schwab Bank

In what regard? Which services? We are currently "test driving" international ATM cash withdrawals from from both a Charles Schwab Bank account and a Fidelity MM account and are making side-by-side comparisons. Neither charge a foreign transaction fee and both seem to be reasonable in term...
by cinghiale
Sat Feb 13, 2016 3:22 am
Forum: Investing - Help with Personal Investments
Topic: Thinking About When to Tax Loss Harvest (TLH)
Replies: 14
Views: 1187

Re: Thinking About When to Tax Loss Harvest (TLH)

Thanks, all, for your perspectives and guidance. When someone initiates a thread and poses a very specific and "actionable" question, I always appreciate it when that person reports back in. I TLH'ed on Thursday, and captured a very acceptable loss. The current 2016 tax year is going to be...
by cinghiale
Thu Feb 11, 2016 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking About When to Tax Loss Harvest (TLH)
Replies: 14
Views: 1187

Thinking About When to Tax Loss Harvest (TLH)

I've been watching the current downturn with an eye to doing some tax loss harvesting (TLH). I would be selling one equity fund and buying another (though different enough to not run afoul of the rules). The current fund has been held for a while, so it would be a long-term capital loss. So, what's ...
by cinghiale
Wed Feb 10, 2016 1:50 pm
Forum: Personal Consumer Issues
Topic: The Retirement Problem: What Will You Do With All That Time?
Replies: 67
Views: 7104

Re: The Retirement Problem: What Will You Do With All That Time?

I'm not sure everyone needs such a detailed list as Victoria's . But, I do think some planning and some structure is good. I'm not deep enough into retirement to be an expert, but I like the idea of each day containing ample times of freedom and serendipity and some daily commitments (exercise?, soc...
by cinghiale
Fri Jan 29, 2016 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 7216

Re: EJones Advisor wants to talk!

It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
--Upton Sinclair

I posted this on another thread dealing with favorite quotes. It is worth repeating.

Go with the wisdom of the many here on the forum. Skip the in-person meeting.
by cinghiale
Thu Jan 28, 2016 10:59 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 11926

Re: What is your favorite Financial Quote or Metaphor??

I'm surprised this hasn't made it yet: "It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair A good one to keep in mind if you find yourself going toe-to-toe with a stockbroker or "financial advisor" who wants you...
by cinghiale
Sun Jan 03, 2016 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Shares question..
Replies: 5
Views: 586

Re: Mutual Shares question..

Back to the OP's original claim. S/he bought it 26 years ago. That's right around 1990. Franklin Funds bought Mutual Series funds in late 1996 or sometime into 1997. Where's the outperformance since that point ? Mutual Shares might have been a killer fund in the 1960s, 1970s, and 1980s. Max Heine, a...
by cinghiale
Sun Jan 03, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Shares question..
Replies: 5
Views: 586

Re: Mutual Shares question..

Thanks for the response, Sconie . Obviously, my search did not reach back as far as the Max Heine days. It may have been a stellar performer way-back-then. But it's been 30 years since the mid-1980s. Have you looked at the fund performance vis-a-vis the benchmarks since then? It looks to me like the...

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