Search found 913 matches

by dandan14
Tue Dec 06, 2016 12:41 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk. Using puts to hedge.
Replies: 26
Views: 1546

Re: Sequence of returns risk. Using puts to hedge.

Wade Pfau and others have put a lot of thought into "sequence of returns" risk, which definitely applies in this scenario. One thing I was running the math on last night was potentially buying long term (LEAPS) puts against the S&P. If I buy puts at a strike price of 20% less than cur...
by dandan14
Mon Dec 05, 2016 9:46 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk. Using puts to hedge.
Replies: 26
Views: 1546

Re: Sequence of returns risk. Using puts to hedge.

They do make LEAPS for 2+ years. The good news is that a 2 year leap on the S&P seems to be priced at the same 2.1% per year. So for about 4.2%, i could buy 20% downside protection for 2 years. So the "rolling risk" of 2 down years in a row would be insured as well.
by dandan14
Mon Dec 05, 2016 1:17 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk. Using puts to hedge.
Replies: 26
Views: 1546

Sequence of returns risk. Using puts to hedge.

I'm considering an "early retirement" in the next year or so -- at least to the extent that I make a conscious decision to get off of the corporate merry-go-round and do something that likely pays a fraction of my current salary. Depending on what that is, we may or may not be able to live...
by dandan14
Tue Nov 01, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Moved in with in-laws - Implications?
Replies: 11
Views: 1858

Re: Moved in with in-laws - Implications?

I can't answer all of those, but if they put it explicitly in their will that the house goes to you, I can't see why there would be an issue. Since they are the sole owners, you would receive the house at a "stepped-up value."
by dandan14
Tue Oct 25, 2016 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Should Bogleheads start a Kiva Group? (Team Now Formed)
Replies: 50
Views: 6516

Re: Should Bogleheads start a Kiva Group? (Team Now Formed)

I'm glad to see some renewed interest in this thread and we have several new members to our "Team Bogleheads" on Kiva as a result of that. Here are some stats: Since our team inception Jan 4, 2011, Team Bogleheads has lent $11,725 through 454 loans. There are 29 members -- so that averages...
by dandan14
Fri Sep 16, 2016 7:23 am
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 6096

Re: "Letter of Final Instructions"

Excellent. I need to start working on this.
by dandan14
Mon Sep 05, 2016 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Professional mid-life crisis
Replies: 28
Views: 4536

Re: Professional mid-life crisis

You can pursue both paths.
Start putting some feelers out, go to some networking events, but don't go into full "job-hunt" mode.
In your current job, look for ways to break out of the blahs. On the other front, you may just stumble into something you never even thought of.
by dandan14
Sun Aug 28, 2016 7:34 am
Forum: Investing - Theory, News & General
Topic: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?
Replies: 37
Views: 2377

Re: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?

The short version is that if you think of a deferred annuity as fire insurance to protect against living beyond age 85, 90, 95 -- it could be effective risk pooling. A problem with this that if you are 65 and buy a deferred annuity that starts at 85 then you will still need to fund a 20 year retire...
by dandan14
Sat Aug 27, 2016 7:45 pm
Forum: Investing - Theory, News & General
Topic: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?
Replies: 37
Views: 2377

Re: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?

Why not just wait until you are 85 and see whether living to 100 seems possible. Buy a SPIA then if you want longevity insurance. Maybe I'm missing something. Isn't the advantage of a longevity annuity vs an SPIA, that the longevity annuity is cheaper because you pool the risk and get the benefit o...
by dandan14
Sat Aug 27, 2016 7:22 pm
Forum: Investing - Theory, News & General
Topic: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?
Replies: 37
Views: 2377

Re: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?

Why not just wait until you are 85 and see whether living to 100 seems possible. Buy a SPIA then if you want longevity insurance. Maybe I'm missing something. Isn't the advantage of a longevity annuity vs an SPIA, that the longevity annuity is cheaper because you pool the risk and get the benefit o...
by dandan14
Sat Aug 27, 2016 7:19 pm
Forum: Investing - Theory, News & General
Topic: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?
Replies: 37
Views: 2377

Re: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?

Why not just wait until you are 85 and see whether living to 100 seems possible. Buy a SPIA then if you want longevity insurance. Delaying social security to 70 is also a must for longevity insurance. Or simply save more to give you a buffer to live to at least 100. Using a combination of SPIAs and...
by dandan14
Sat Aug 27, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: "Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?
Replies: 37
Views: 2377

"Roll Your Own" Longevity Insurance (i.e. Deferred Annuity)?

I've been thinking a lot recently about the benefits of longevity insurance (i.e. a deferred annuity that pays off in the unlikely event that I reach age 90 and pays until death). For reference, see this Larry Swedroe article: http://www.etf.com/sections/index-investor-corner/swedroe-investors-shoul...
by dandan14
Sun Aug 21, 2016 8:29 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 4534

Re: Tips for a 1000 miles car trip with toddler and baby

Pack little "gifts" that you open up every hour or so. Depending on the ages, this can be as simple as a box of tissues. When we had babies, that was something that they could play with for a while. Look for other dollar store stuff that they can open, make a mess, play with, explore, etc....
by dandan14
Sat Mar 07, 2015 3:28 pm
Forum: Investing - Theory, News & General
Topic: Young Investor [Below minimum amount to invest - possible?]
Replies: 10
Views: 1498

Re: Young Investor

I believe he/she has to have "earned income" equal or greater than a roth contribution.

For example, if he/she only earned $1000 this year, they can't contribute $1500 to a Roth.
by dandan14
Tue Feb 24, 2015 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuity -- what's the deal?
Replies: 53
Views: 4930

Re: Fixed Annuity -- what's the deal?

Likely a smart move. Any potential good is far outweighed by the potential bad.
by dandan14
Sun Nov 30, 2014 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tricky job offer
Replies: 17
Views: 3029

Re: Tricky job offer

I think you have to ask yourself if the extra 20k is worth the added hours and weekends. Depending on where you are on the salary scale, 20k can be very significant or not all that significant.
by dandan14
Sat Nov 22, 2014 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: thinking of opening a franchise
Replies: 21
Views: 4137

Re: thinking of opening a franchise

We've looked at several through the years. The best thing you can do is pick up the phone and start calling owners. Most are very open to talking with you and sharing their experiences. Of the 3 that I've looked into, there were some common themes: 1. Riskier than it seems. Even if the location does...
by dandan14
Thu Oct 02, 2014 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Should I (physician) get an MBA?
Replies: 31
Views: 4830

Re: Should I (physician) get an MBA?

Perhaps worth it, but not if you have to stop practicing to do it. You may be able to do nights and weekends in an Executive MBA program.
We had at least 1 MD in my executive MBA program. His goal was similar to yours -- and I think he got some benefit from it.
by dandan14
Thu Oct 02, 2014 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house in cash if you had enough?
Replies: 59
Views: 7528

Re: Would you buy a house in cash if you had enough?

The answer about asking yourself if you would take 4% as an investment is a good way to look at it. But you also have to consider the affect of taxes on both the mortgage and an investment. Another idea is to take a 15 year mortgage -- which is probably 3% if you shop it. After taxes, your hurdle wo...
by dandan14
Sun May 04, 2014 9:04 pm
Forum: Personal Consumer Issues
Topic: Subaru vs Mazda
Replies: 17
Views: 3680

Re: Subaru vs Mazda

I just bought a 2014 Forester about 6 months ago. My main reason for choosing that over the Mazda or Toyota was the safety rating. Consumer Reports and the IIHS rate the Forester as one of the safest cars on the road. It is one of the few that does well in the crash test where the impact is off-cent...
by dandan14
Wed Apr 30, 2014 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Easy way to view graph of portfolio?
Replies: 3
Views: 441

Easy way to view graph of portfolio?

Does anyone know of an easy way to combine charts to get a daily/weekly/monthly view of a mix of symbols? For example, from time to time, i pull up Google Finance and look at Total Stock Market, Total Bond Market, Total International, etc. And in my head I think, ok -- i'm probably up a bit this mon...
by dandan14
Sun Mar 30, 2014 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: "Investing" in gift cards
Replies: 32
Views: 3694

Re: "Investing" in gift cards

I've played those sort of games in the past, but I don't think it is typically worth it. In this case, you'll have to pay off that $200 in the next billing period -- maybe before you need the gas. So you have to weigh the $10 profit against parting with your money earlier than you had to. Another po...
by dandan14
Wed Mar 26, 2014 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare HSA Option with Pregnant Wife?
Replies: 6
Views: 943

Re: Healthcare HSA Option with Pregnant Wife?

Is the HSA deductible per person or per family? (Mine has both a individual and a family deductible.)
If it is per person, there would be a possibility of some stuff being billed under your wife and some under the baby.
by dandan14
Fri Mar 21, 2014 8:34 pm
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 5308

Re: Help me settle a debate -- Risk in Retirement

I live very well with little effort, and I am not willing to expend much energy to "improve my lifestyle", whatever that may mean. Dale, as someone nearly your age, I love this statement as it sums up my feelings exactly. If one has more than adequate assets, one reaches a point where cer...
by dandan14
Fri Mar 21, 2014 4:00 pm
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 5308

Re: Help me settle a debate -- Risk in Retirement

All the the suggestions are "right". None are "wrong". I don't see how you can "debate" something that is essentially a personal preference. That's what makes a good debate -- there is no "correct" answer that you can just go google. The debate is what makes ...
by dandan14
Fri Mar 21, 2014 3:41 pm
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 5308

Re: Help me settle a debate -- Risk in Retirement

Wow...I just checked on this thread for the first time since posting it. Glad to see so many responses. Funny to see the responses are pretty much the debate we've been having. :-) My gut feeling was to be 1/3, 1/3, 1/3 -- but honestly the more I thought about it the more I started to sway to the mo...
by dandan14
Fri Mar 21, 2014 10:37 am
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 5308

Help me settle a debate -- Risk in Retirement

So I have an ongoing debate going with a friend over risk in retirement. I'd like to get input from the board. I won't tell you which side I'm on -- as I don't want to sway the comments. Here is the scenario: Let's say my wife and I make it to retirement as healthy spry 65 year olds. For the sake of...
by dandan14
Mon Mar 03, 2014 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: reached "my number", struggling with asset allocation
Replies: 11
Views: 1688

Re: reached "my number", struggling with asset allocation

I'd take a different approach. If you have reached 2x your "number" then why not protect that first half by utilizing ultra safe assets. (Perhaps TIPS, CDs, etc., that spin off the cash you need to live.) You may even need to increase it a little to make up for the lack of return (dependin...
by dandan14
Wed Feb 19, 2014 11:19 am
Forum: Personal Finance (Not Investing)
Topic: taxes done and…why is my spouse working?
Replies: 90
Views: 10381

Re: taxes done and…why is my spouse working?

I have a similar situation. My wife was a kindergarten teacher making $40k per year.
With 2 kids, it made sense for her to stay home. With 3, it is now a no-brainer for her to stay home (both from a cost as well as a quality of care perspective).
by dandan14
Mon Jan 20, 2014 12:12 pm
Forum: Investing - Theory, News & General
Topic: Home Equity as "Fixed Income" allocation
Replies: 64
Views: 3761

Re: Home Equity as "Fixed Income" allocation

A house you live in produces imputed income (roughly equal to its rent) without regard to whether you have a debt. So if you own a 100000 house with a rental value of 500 per month you have imputed income of $6000 year minus certain costs. Any mortgage is just a debt. my point is that "equity&...
by dandan14
Sun Jan 19, 2014 6:25 pm
Forum: Investing - Theory, News & General
Topic: Home Equity as "Fixed Income" allocation
Replies: 64
Views: 3761

Re: Home Equity as "Fixed Income" allocation

I count the equity in my home as equity in my home. My assets comprise stocks, fixed income, and equity in my home. Me too. I don't get the whole let's pretend apples are oranges thing. Equity is a realtor fantasy your asset is the home , your liability is the debt Owning a home you live in creates...
by dandan14
Sun Jan 19, 2014 1:02 pm
Forum: Investing - Theory, News & General
Topic: Home Equity as "Fixed Income" allocation
Replies: 64
Views: 3761

Home Equity as "Fixed Income" allocation

As I weigh the merits of putting down a big (or small) down payment on a house we buy in 2014, I'm considering drawing down my fixed income to buy the house in cash. Curious if any of you count the equity in your home as part of your fixed income allocation. My brother, for example, owns his house o...
by dandan14
Sat Dec 21, 2013 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of Dad: calculate interest in google spreadsheet
Replies: 11
Views: 1658

Re: Bank of Dad: calculate interest in google spreadsheet

Neat Idea. I just created for you.

https://docs.google.com/spreadsheet/ccc ... sp=sharing

You can set the rate at the top.
Insert a new row and enter a new date and amount. Then "fill down" the rest of the columns.
by dandan14
Wed Dec 18, 2013 1:22 pm
Forum: Personal Consumer Issues
Topic: Bogleheads favorite Task management App?
Replies: 17
Views: 1661

Re: Bogleheads favorite Task management App?

I'm a big fan of Asana.com. Very good. I use it every day for both work and personal tasks.
They also have a good mobile app.
by dandan14
Wed Dec 18, 2013 1:20 pm
Forum: Personal Consumer Issues
Topic: Fitbit group for Bogleheads
Replies: 1
Views: 564

Re: Fitbit group for Bogleheads

Cool. I need to do that.
by dandan14
Tue Dec 17, 2013 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Convert to Roth before YE distributions
Replies: 3
Views: 344

Re: Convert to Roth before YE distributions

I'm thinking of converting some of my TIRA Wellesley holdings at VG to a Roth. Does it make a difference taxwise if I do it before year end distributions are distributed? I'm thinking that since those distributions are reflected in the NAV, there should little if any difference in the taxable incom...
by dandan14
Tue Dec 17, 2013 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Recommend travel insurance
Replies: 5
Views: 677

Re: Recommend travel insurance

I haven't bought a whole lot of travel insurance, but I will tell you that Clark Howard typically recommends insuremytrip.com. I believe they are a clearing house for several companies so you can compare apples to apples.
by dandan14
Tue Dec 17, 2013 9:49 am
Forum: Personal Finance (Not Investing)
Topic: What kind of Life Insurance do I need at age 57,please help
Replies: 10
Views: 1223

Re: What kind of Life Insurance do I need at age 57,please h

Now I have Diabetes and other Medical Problems(By the way, I was turned down for Long Term Care Insurance) and have discussed this with my agent. He sent me papers stating he will convert my present Term Life to a million dollar Universal Life Policy without any additional underwriting. In general,...
by dandan14
Sat Dec 14, 2013 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Checklist for the Arrival of a Baby
Replies: 22
Views: 2276

Re: Checklist for the Arrival of a Baby

Oh...and one more thing. Go ahead and order a few extra "certified" copies of her birth certificate. There are several times you need a certified copy -- like when taking baby on an airplane.
by dandan14
Sat Dec 14, 2013 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Checklist for the Arrival of a Baby
Replies: 22
Views: 2276

Re: Checklist for the Arrival of a Baby

Good question. Believe me -- it gets less scary. Here are some things off the top of my head. Continue to live beneath your means. Now more than ever, money will seem to vanish. Get ready for a LOT of extra expenses. However, try to resist the temptation to buy every little thing that companies mark...
by dandan14
Tue Dec 03, 2013 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle's basics: 12 letter strategy
Replies: 8
Views: 1940

Re: Bogle's basics: 12 letter strategy

I really like it.
In fact, it would make a great tshirt. :-)
by dandan14
Mon Nov 25, 2013 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: N.Carolina 529 no longer state tax decuctible
Replies: 22
Views: 2309

Re: N.Carolina 529 no longer state tax decuctible

plannerman wrote:I don't know about NC, but several states recapture the tax savings if you rollover a 529 plan to another state. It might be good to check the NC law.
plannerman


Sorry...can you (or someone) explain the recapture provisions? If I roll out of NC with penalties and credits in another state?
by dandan14
Mon Nov 25, 2013 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: N.Carolina 529 no longer state tax decuctible
Replies: 22
Views: 2309

Re: N.Carolina 529 no longer state tax decuctible

The good news is that the state income tax in NC is dropping -- which is likely more valuable than the 529 deduction.
by dandan14
Sun Nov 24, 2013 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: N.Carolina 529 no longer state tax decuctible
Replies: 22
Views: 2309

Re: N.Carolina 529 no longer state tax decuctible

This is news to me. When did they announce this? We just moved away from NC to OH -- so I could probably take a 529 deduction in either state this year since I've paid taxes in both. But if NC just cancelled the deduction -- then that solves that. Not sure what they're thinking. That really disincen...
by dandan14
Thu Nov 14, 2013 3:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference?
Replies: 6
Views: 1478

Re: Online group meetings via web conference?

Since we do webex stuff at work all the time, it would be too much like being at work. :( Just make sure you have clear rules about "raising your hand" and the moderator calls on people and after the person has finished speaking that they say "Back to you, Dan, I'm done." Yeah.....
by dandan14
Thu Nov 14, 2013 2:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference?
Replies: 6
Views: 1478

Online group meetings via web conference?

So one of the responsibilities in my new job is going to be to manage our virtual user groups. We had a meeting yesterday using webex. We had 100+ people in the conference and I recorded the audio and slides for those who couldn't join. It got me thinking about the potential for a bogleheads virtual...
by dandan14
Fri Oct 11, 2013 8:57 am
Forum: Personal Consumer Issues
Topic: Cheapest way to move long distance
Replies: 48
Views: 4835

Re: Cheapest way to move long distance

You might also want to check UBF (U-Pack). You fill up x number of feet in the truck and then they deliver it to you on the other side. We used nearly half the truck for a 500 mile trip and it was about $750. Not sure what it would be cross country. I also like the mini-van rental option. If all her...
by dandan14
Fri Oct 11, 2013 8:51 am
Forum: Personal Consumer Issues
Topic: [Considering solar power] - How do these #s look?
Replies: 32
Views: 2878

Re: [Considering solar power] - How do these #s look?

On the maintenance question -- On my solar install, I've had 2 issues in 2 years, so they are definitely not maintenance free. One issue was that one of the micro-inverters went out. That was fixed under warranty -- no cost to me. The second issue was that a squirrel chewed through some wires. They ...

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