Search found 21712 matches

by dbr
Thu May 25, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is The Vanguard Balanced Index Fund All One Needs?
Replies: 45
Views: 8227

Re: Is The Vanguard Balanced Index Fund All One Needs?

I was advised upon retirement to spend bonds in down years and stocks in up years. Seems a combined fund would disallow this strategy... No, a combined strategy does exactly that by constantly selling stocks and buying bonds or vice-versa, but the scheme is founded on a little bit different princip...
by dbr
Thu May 25, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 100
Views: 3742

Re: How dividends become irrelevant?

Dividends are irrelevant to the investor unless they actionable. That is probably what the OP is about. For the index investor holding "the market" there is nothing actionable in dividends (save the tax cost imposed). For the stock picker or maybe a factor investor dividends could be actio...
by dbr
Thu May 25, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX need advice [Vanguard Total Stock Market]
Replies: 65
Views: 6596

Re: 100% VTSAX need advice

Instead of assuming a single number for return you should contemplate the output of models that allow return to vary. You can see an example of that in FireCalc, for one. Keep in mind that a 6% average annual return might appear from year to year with a standard deviation of annual return of perhaps...
by dbr
Thu May 25, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 100
Views: 3742

Re: How dividends become irrelevant?

BTW, I didn't mean to bring up a discussion of whether dividends are good or bad. I'm just trying to understand how the system would have evolved such that dividends become irrelevant (in the precise sense that I've mentioned here). My argument is that it just naturally happens as a result of suppl...
by dbr
Thu May 25, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Cash flow observation
Replies: 21
Views: 1376

Re: Cash flow observation

Dad's cash flow was 6k a month to the positive, his net worth was around 350k. Dad's brother has a net worth between 3-5 million, yet my dad did everything his brother did. When you get down to it, cash flow is probably several times more important than net worth. Let's look at your dad's brother's...
by dbr
Thu May 25, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 29
Views: 1295

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

Yes the fees are really irritating me. PAS is about .9% then the fund fees probably average close to 1% on top of that. I don't really need the 4% to achieve our goals. I just thought it was possible based on the past performance of the targeted data funds. And I know that is not a guarantee of fut...
by dbr
Thu May 25, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 29
Views: 1295

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

So what is the best way to preserve our funds to acheive a 4% yearly return? Can you please clarify? Do you mean 4% average annual return over the next 20+ years? Or do you mean 4% a year no matter what with no down years? Or do you mean some other 4%? How much loss can you stand while trying to ac...
by dbr
Thu May 25, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 100
Views: 3742

Re: How dividends become irrelevant?

I understand signaling. What do you mean by 'binding management better'? Are you referring to contracting and pre-decisions by agents (management)? So theories vary in details, but the basic setup is that management is supposed to be acting as fiduciaries for the shareholders, and so they should be...
by dbr
Thu May 25, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 29
Views: 1295

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

I assume the 4% return is nominal, not real. It is a little hard to determine your AA because the funds allocation slides toward more fixed income as it reaches its target date. If it is nominal, the return seems a little low. Not exactly sure what you are asking. I just picked the 4% number as som...
by dbr
Thu May 25, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity and their "free advisor" service?
Replies: 32
Views: 2293

Re: Fidelity and their "free advisor" service?

I have been with Fidelity for 30+ years and have found them to be very knowledgeable when I needed to call them. A year or so ago, they assigned me an advisor and he called me daily for months plus emails. The machine answers my calls and I think he gave up on me! If I need him, I'll call him! l al...
by dbr
Thu May 25, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 100
Views: 3742

Re: How dividends become irrelevant?

In any case it is important to not get sidetracked from the significance of dividends to investors holding diversified mutual funds into a discussion of corporate governance and stock picking. And, even if picking stocks one should not let dividends sidetrack attention to what matters, which is expe...
by dbr
Thu May 25, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 45
Views: 2093

Re: Advice on kid's precalc learning

I think the primary goal would be to understand how hard your student is willing to work and also what is the specific nature of their knowledge deficit. A math tutor is useless unless the student is highly motivated and is willing to put in a huge amount of effort and time to master the basics and...
by dbr
Wed May 24, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 45
Views: 2093

Re: Advice on kid's precalc learning

Without a doubt it takes time and exposure to master mathematics. The difference between those who become mathematicians and related is that time and exposure for them might be days, even hours, at most weeks, while time and exposure for others may exceed the length of the semester course, meaning t...
by dbr
Wed May 24, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do you keep extra money available for investing
Replies: 37
Views: 3108

Re: Do you keep extra money available for investing

You know, that's what your bond allocation is for. Bonds were UP about half a percent on last week's dump, so you made more than cash before you exchanged into equities and watched those equities POP. And then you rebalanced back into bonds on Friday. I hear this said a lot and I have a few questio...
by dbr
Wed May 24, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy Portfolio returns
Replies: 7
Views: 963

Re: Bogleheads Lazy Portfolio Page

You could look at portfoliovisualizer.com
by dbr
Wed May 24, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2291

Re: Investing FOR Retirement vs Investing IN Retirement

One other topic is how to model the role of pensions in our assets. My tentative approach is to model them with their current lump sum value, and a default pension allocation of 40% stock / 60% bond. My other alternative approach is to model them with their current lump sum value, but with 100% bon...
by dbr
Wed May 24, 2017 4:40 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 45
Views: 2093

Re: Advice on kid's precalc learning

I took Calculus over the summer with a tutor (who was a math teacher) before my senior year. We did the whole course, used the same book I had the following year and I squeaked by with a B, which was a win for me at the time. And not to beat the dead horse but my dad is a retired very successful CE...
by dbr
Wed May 24, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 45
Views: 2093

Re: Advice on kid's precalc learning

5. Choose a simpler math curriculum and resign yourself to the fact that your kid does not need to do precalc, nor calc to succeed in the future. I took calculus in both high school and college. Looking back it was not really worth it. I'm in the financial services industry doing business intellige...
by dbr
Wed May 24, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 75
Views: 8061

Re: i am my own "guy," but not sure I should advertise that

It occurred to me that I maybe should keep my mouth shut about relying on BH. Is sharing the good word something that you do, or is evangelizing, to borrow a term, more likely to cause harm than good? So long as you're not losing friends or otherwise alienating people, I don't think there is anythi...
by dbr
Wed May 24, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How do I transfer property from mother-in-law to wife and I?
Replies: 6
Views: 751

Re: How do I transfer property from mother-in-law to wife and I?

Do you mean your MIL is still alive and no one has settled your FIL's estate to clear the deed or any other issues? That would be the first step. I am not sure what you mean by "transfer" property if it is owned by your MIL and she is still alive. She could sell you the property or give yo...
by dbr
Wed May 24, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 75
Views: 8061

Re: i am my own "guy," but not sure I should advertise that

There's a "guy" that lives on my street..I know based on his LinkedIn profile. Completely true...here's what I can tell you about this "guy": - around age 30 and single - two BMWs and a Z in the driveway - put 3% down on the house when he bought it last year (our county has onli...
by dbr
Wed May 24, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity and their "free advisor" service?
Replies: 32
Views: 2293

Re: Fidelity and their "free advisor" service?

I certainly understand that their advice may be colored, I plan on talking any decisions he makes over with him. I believe we plan to use this resource less as a investment guidence and more as a double check on our decisions. While I'm on the subject what is a good mix ratio of a 60's man who is c...
by dbr
Wed May 24, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard 401k advice
Replies: 8
Views: 435

Re: Vanguard 401k advice

Welcome! You've already made a huge step towards success by realizing you need to ask and helping for advice, so congrats. The biggest question I have is when do you plan on retiring? The advice is very different if you plan on retiring at 70 vs. 59. Thank you. Probably at 70 if health and company ...
by dbr
Wed May 24, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 91
Views: 7144

Re: Which Small SUV for 15 Year Reliability?

jedblanks wrote:Why not buy a 7-8 year old car that has already lasted 7-8 years and looks like it will last 7-8 ore? Then rinse and repeat. I bet your total cost of ownership for 15 years is far less than a new car that may last 15 years.


That is true, but the average reliability will be less, maybe a lot less.
by dbr
Wed May 24, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 75
Views: 8061

Re: i am my own "guy," but not sure I should advertise that

I am pretty open about it. Once it got a bit strained. At a dinner party, they were talking about investments. This guy asks me who I use and I say I am DIY. He looks surprised and said if I broke my arm would I DIY or go to a specialist. My answer, very possibly from something I heard in this foru...
by dbr
Wed May 24, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 75
Views: 8061

Re: i am my own "guy," but not sure I should advertise that

Good or bad the subject of personal finance is pretty much taboo anywhere I have conversations. I suppose if asked I would just say I manage my own investing and leave it at that. If someone really pushed, I would refer them here "if you are really interested." I admit I do hear the occasi...
by dbr
Wed May 24, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard 401k advice
Replies: 8
Views: 435

Re: Vanguard 401k advice

The only quantitative way I know to address this sort of situation is to run some of the retirement planning models with estimate of income need, rate of saving, asset allocation, income sources in retirement, and so on and see what kind of plan will work. I like to start with FireCalc, I suppose be...
by dbr
Wed May 24, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Newbie here! What should my betterment allocation be?
Replies: 9
Views: 523

Re: Newbie here! What should my betterment allocation be?

I think that "age in bonds" is too simplistic for most people. I would have the maximum stock allocation at which you can answer "YES" to these two questions: 1. Can I sleep well at night? Peace of mind is priceless. 2. Can I "stay the course" in the event of a 40% tur...
by dbr
Wed May 24, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard, Betterment and Wealthfront for a teenager
Replies: 11
Views: 922

Re: Vanguard, Betterment and Wealthfront for a teenager

I think investing is a "less than meets the eye" proposition. Every time you get involved with the Betterments or Wealthfronts of the world it adds eye-candy that deceives making investing as simple as it really is. Of course you are still worlds ahead of Edward Jones or Ameriprise.
by dbr
Wed May 24, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Newbie here! What should my betterment allocation be?
Replies: 9
Views: 523

Re: Newbie here! What should my betterment allocation be?

I would suggest computing your asset allocation across all your accounts, determining your stock/bond allocation according to the concepts of need/ability/willingness to take risk, and take into account tax efficiency in distributing assets across taxable, tax-deferred, and tax exempt accounts. PS I...
by dbr
Tue May 23, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3514

Re: Anyone else track the value of their investments by discounting the value of equities?

Once could/should then discount any holding by your tax rate if held in a tax deferred account. If you have all your equity in Roth's no problem - $1 = $1 but if some is in an IRA, $1 of equity in a Roth does not equal $1 of equity in an IRA. So which number to use? Best, coy Not if you account for...
by dbr
Tue May 23, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 67
Views: 6356

Re: Zacks says sell Wellesley!?

If Wellesley were really such a great fund people would not keep asking whether or not they should be invested in it. So then owning the S&P 500 isn't so great since so many people have been coming here to ask whether they should sell it? Yes, if an S&P 500 index fund were so great people w...
by dbr
Tue May 23, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3765

Re: Is it worth it spending money to keep your house looking sharp?

I was really happy when they relaid the water mains and everyone got a chance to also run copper instead of lead water service to the house. Invisible but important.
by dbr
Tue May 23, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 67
Views: 6356

Re: Zacks says sell Wellesley!?

If Wellesley were really such a great fund people would not keep asking whether or not they should be invested in it. So then owning the S&P 500 isn't so great since so many people have been coming here to ask whether they should sell it? Yes, if an S&P 500 index fund were so great people w...
by dbr
Tue May 23, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3765

Re: Is it worth it spending money to keep your house looking sharp?

What big ticket items have you spent money on specifically to keep your house looking "sharp"? For us, keeping the house looking sharp mostly means basic yardwork and landscaping. Which is really cheap. We have had a few big ticket items like a screen-in porch, but that was a lifestyle ch...
by dbr
Tue May 23, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4312

Re: At what point to buy new car for safety

I test drove a new car with all the newest safety features earlier this year and found it completely distracting and annoying, especially the lane departure warning and intervention systems. With narrow roads and curves, I found it signalling quite often when I wasn't in any danger of leaving my la...
by dbr
Tue May 23, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3765

Re: Is it worth it spending money to keep your house looking sharp?

I agree that one of those doh! moments is when you spend a bunch of money to sell a house and realize you could have been enjoying the improvement yourself all those years. For us replacing all the sidewalks around the outside of the house was one of those (but we did it while we are still here). On...
by dbr
Tue May 23, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3765

Re: Is it worth it spending money to keep your house looking sharp?

I've just paid for a few big ticket items around the house, and the bills are sitting in front of me. I'm a little bummed at the thought of having to pay for them. I'm just pondering...do you think the money spent to keep a house looking sharp is money well spent? I mean, it seems like there is a w...
by dbr
Tue May 23, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3514

Re: Anyone else track the value of their investments by discounting the value of equities?

I track the worth my investable assets 2 ways. One, the traditional way, adding everything up and seeing what the total is. The second way is by discounting the value of equities by 40% and adding them up giving me a "Bear Market" value for my investable assets. This way I feel I truly un...
by dbr
Tue May 23, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 67
Views: 6356

Re: Zacks says sell Wellesley!?

If Wellesley were really such a great fund people would not keep asking whether or not they should be invested in it.
by dbr
Tue May 23, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4312

Re: At what point to buy new car for safety

The argument for a new car that is slightly safer stastically sort of remind me of Pascel's Wager. The new car probably won't make a difference but let's all "WAGER" that it will by putting our money into it, seems to be the argument. In other words, let's bet 30,000 on a new car with the...
by dbr
Tue May 23, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: Need advice from FF miles experts
Replies: 24
Views: 1701

Re: Need advice from FF miles experts

This business of putting "real value" in redemptions on very high priced tickets is difficult to parse. As a theoretical computation there is no argument. The dilemma is that unless the purchaser would readily actually pay that price, then, for that ticket, it doesn't mean anything. It isn...
by dbr
Tue May 23, 2017 7:54 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4312

Re: At what point to buy new car for safety

The chance that the cause of your death will be an auto accident is maybe about 1%. You might reduce that to .8% if for now you drive a safer car. (We will decide later if refining those numbers would be helpful). Now decide how much you would pay to save your life given a choice between your money...
by dbr
Tue May 23, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 67
Views: 6356

Re: Zacks says sell Wellesley!?

Just so people know what this is: https://www.zacks.com/

That does not mean there is any value there whatsoever.
by dbr
Mon May 22, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 20
Views: 1748

Re: Intermediate vs Short Term TIPS Fund

Vanguard issued a paper.... Thanks dbr, I went looking for and found the paper. Here is their summary Our results imply that a short-term TIPS portfolio may be a more appropriate inflation-sensitive investment than the broad TIPS market for risk-averse investors who want their total portfolio to mo...
by dbr
Mon May 22, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 3647

Re: How to Invest Church Money

You should obviously seek the advice and use the services of any financial advisers in your congregation. :twisted: Seriously, I think anything other than savings accounts/CDs represent the slippery slope to perdition. The idea of saving a fund like that to buy or build your own building might be cr...
by dbr
Mon May 22, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Computing device for elderly relative
Replies: 34
Views: 1380

Re: Computing device for elderly relative

Is there a reason this device needs to be portable? If not, look into a chrome box , along with a large monitor, full-size keyboard and mouse. Should be way easier on elderly eyes than a 10" iPad or 11" Chromebook. As I said before, why are people locked in on portability. The good ergono...
by dbr
Mon May 22, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Safe 5 percent ROI
Replies: 22
Views: 3446

Re: Safe 5 percent ROI

It is pretty clear the OP wants one of those 5% CDs you could get some years ago. Today you can't get that. Heck, at one point I had some 10% ten year CD's. I expect the real return was 5% anyway. But that was a long time ago and will not likely be seen again. Then there are the 3% I bonds that were...
by dbr
Mon May 22, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Computing device for elderly relative
Replies: 34
Views: 1380

Re: Computing device for elderly relative

Is there a reason this device needs to be portable? If not, look into a chrome box , along with a large monitor, full-size keyboard and mouse. Should be way easier on elderly eyes than a 10" iPad or 11" Chromebook. As I said before, why are people locked in on portability. The good ergono...
by dbr
Mon May 22, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4312

Re: At what point to buy new car for safety

I was going to look at that log plot as well as it is the better way to discern trend and events. However, it is also a valid point to compare the relative risk that auto accidents present against all other causes of death. Is it true that the proportion is constantly shrinking. Another point is tha...

Go to advanced search