Search found 612 matches

by dwickenh
Sun Aug 20, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 15
Views: 700

Re: Adjusting AA as retirement nears

IMHO it matters a LOT on what withdrawal rate you are envisaging. E.g. if your current NW allows you to live on a 2% withdrawal rate, then, personally, I would go 100% stocks. I am currently at 100% stocks and have been retired for 17 years. A 50% market drop just jacks up the withdrawal rate to 4%...
by dwickenh
Sun Aug 20, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 15
Views: 700

Re: Adjusting AA as retirement nears

We have had an asset allocation of 50/50 since 2008, I retired 2011, and we have no plans to change the asset allocation. Going to a lower stock allocation like 30% actually increases your risk of running out of money over 30 or 40 years of retirement. Somehow I feel much safer with my 50/50 alloca...
by dwickenh
Sun Aug 20, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 15
Views: 700

Re: Adjusting AA as retirement nears

IMHO it matters a LOT on what withdrawal rate you are envisaging. E.g. if your current NW allows you to live on a 2% withdrawal rate, then, personally, I would go 100% stocks. I am currently at 100% stocks and have been retired for 17 years. A 50% market drop just jacks up the withdrawal rate to 4%...
by dwickenh
Sun Aug 20, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio asset allocation for a retiree
Replies: 4
Views: 359

Re: Portfolio asset allocation for a retiree

Hello diyinvestor, The questions you ask are based on your own personal situation. 40/60 is within the norm for a retiree. Tilting to small cap, or market weight on International are personal decisions based on need to take risk, capacity for risk, ability to sleep at night. I personally think that ...
by dwickenh
Fri Aug 18, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: moving myself and wife to Vanguard [how?]
Replies: 9
Views: 717

Re: moving myself and wife to Vanguard [how?]

Welcome to the forum. It is important that you don't make any moves until you have a plan you fully understand. Take a little time here to get it all lined up. Taking control of my family's finances and tired of paying fees ... I'm a little new to setting everything up however. This is a positive m...
by dwickenh
Mon Aug 14, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Building A Warchest
Replies: 32
Views: 3009

Re: Building A Warchest

20% of 15% is a mere 3%. I don't think it is wise to have a portfolio with essentially worthless percentages allocated to little things. I own Total Bond and Short-term Corporate Bond funds, but they amount to about 15% each of the total portfolio. They are more than enough of a "warchest." I have ...
by dwickenh
Mon Aug 14, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: Car accident - dealership body shop or independent?
Replies: 17
Views: 801

Re: Car accident - dealership body shop or independent?

Both aftermarket body & OEM parts are available to both the dealer's and indy collision shop. You and your insurance coverage will determine which will be used. Typically, the quality of paint matching is the tipping point to determine a quality collision repair. A good indy collision shop is typic...
by dwickenh
Sat Aug 12, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Testing Our Allocations Emotionally
Replies: 26
Views: 1647

Re: Testing Our Allocations Emotionally

I would like to think that a dollar amount of loss based on the drop of the market would be a better barometer. Back in 08, I was willing to lose 150K and my AA reflected that. My AA allows for the loss of 250K now but the AA is much more moderate than in 08. I did not sell anything in 08 and was on...
by dwickenh
Sat Aug 12, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and tax treatment
Replies: 5
Views: 482

Re: Asset allocation and tax treatment

ofckrupke wrote:
Sat Aug 12, 2017 3:38 pm
livesoft wrote:
Sat Aug 12, 2017 1:05 pm
I only put assets that are going to gain a lot in my Roth. For instance, in 2016, I had small-cap value index fund in my Roth, but in 2017, I have VSS and VFSVX (small-cap foreign) and no small-cap value anymore.
What are you going to have in your Roth in 2018?
+1 :mrgreen:
by dwickenh
Sat Aug 12, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have an HDHP?
Replies: 8
Views: 782

Re: Do I have an HDHP?

Make sure there is no other company contribution before the full deductible or Out of Pocket is reached. In my case, the company had a 200.00 Health reimbursement account tied to the plan that precluded me from starting a HSA. The other numbers would qualify, but I would also want confirmation befor...
by dwickenh
Thu Aug 10, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6002

Re: What Percentage CASH are you?

50/46/4 with the 4% being a years worth of cash. Also have 8% of the 46% bonds in short term taxable for 2 more years of living expenses.

Dan
by dwickenh
Wed Aug 09, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: MUB / Bonds
Replies: 12
Views: 670

Re: MUB / Bonds

The avg duration is 6.26 which means a 1% interest rate climb in a year will drop the value about 6%. That is more than I would be willing to lose for money needed in 2 years. I would go with High Yield savings account at 1-1.2 % and not worry about the principal losses. You could also do a 24 mont...
by dwickenh
Wed Aug 09, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: MUB / Bonds
Replies: 12
Views: 670

Re: MUB / Bonds

The avg duration is 6.26 which means a 1% interest rate climb in a year will drop the value about 6%. That is more than I would be willing to lose for money needed in 2 years. I would go with High Yield savings account at 1-1.2 % and not worry about the principal losses. You could also do a 24 mont...
by dwickenh
Wed Aug 09, 2017 3:33 pm
Forum: Investing - Theory, News & General
Topic: Good article about having the "RIGHT" asset allocation
Replies: 27
Views: 3414

Re: Good article about having the "RIGHT" asset allocation

Short term bonds can still be "dry powder" in the case of re-balancing equities in a falling market.

Dan
by dwickenh
Wed Aug 09, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: MUB / Bonds
Replies: 12
Views: 670

Re: MUB / Bonds

The avg duration is 6.26 which means a 1% interest rate climb in a year will drop the value about 6%. That is more than I would be willing to lose for money needed in 2 years. I would go with High Yield savings account at 1-1.2 % and not worry about the principal losses. You could also do a 24 month...
by dwickenh
Wed Aug 09, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: What's the deal with AMICA???
Replies: 21
Views: 1995

Re: What's the deal with AMICA???

The most important thing is that you are shopping around for the best rates. I have found no insurance company(and I retired from one) that is more cost effective due to you paying their premiums year after year without checking the competition. The more loyal you are to them, the more the premium s...
by dwickenh
Sun Aug 06, 2017 7:03 pm
Forum: Investing - Theory, News & General
Topic: bearish trends beneath the surface
Replies: 13
Views: 1565

Re: bearish trends beneath the surface

This could just be a "the sky is falling" article by someone that could increase the assets in his ETF if the investing public buys into the premise. "Market breadth, a measure of how many stocks are rising versus the number that are dropping, has turned “exceedingly negative,” according to Brad Lam...
by dwickenh
Sun Aug 06, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: 100 Best Stocks to Buy in 2017
Replies: 10
Views: 1235

Re: 100 Best Stocks to Buy in 2017

Well now everyone knows........ So I pass.

Dan :mrgreen:
by dwickenh
Sun Aug 06, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: trying to understand total market and value investing
Replies: 77
Views: 4844

Re: trying to understand total market and value investing

jbolden1517, You seem to have thought this through. "Value stocks outperform during periods of time when new investment in mutual funds are low, growth stocks outperform at times when they are high...." " Investors respond slowly to new information. There is a bias towards under reaction (contrary t...
by dwickenh
Sun Aug 06, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 20
Views: 3068

Re: Capital One -- Again!

I just changed from Capital One Platinum 1.5% cash back to 2.0 % cash back from Paypal Mastercard. I did not change due to service, but due to the .5% additional rebate. I have always appreciated the website for Capital One and hope it changes for the better for you. Dan I went looking for this and...
by dwickenh
Sat Aug 05, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 20
Views: 3068

Re: Capital One -- Again!

I just changed from Capital One Platinum 1.5% cash back to 2.0 % cash back from Paypal Mastercard. I did not change due to service, but due to the .5% additional rebate. I have always appreciated the website for Capital One and hope it changes for the better for you.

Dan
by dwickenh
Sat Aug 05, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Stock market bubble
Replies: 22
Views: 1776

Re: Stock market bubble

You can put "market timing" in the search engine upper right hand corner of this page to read many threads on this subject. Short answer is "yes" I continue to invest. I do not change my investing based on what the talking heads of TV, print, or radio.

Best of luck to you,

Dan
by dwickenh
Sat Aug 05, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 5854

Re: "Vanguard Puts Rival Firms On Notice: Fee Wars Will Only Heat Up"

GolfGal wrote:It seems to me that if it wasn't for Vanguard, these other firms would not be lowering their fees (or offering index funds at all).
+1
by dwickenh
Sat Aug 05, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Roth, Taxes and Mistakes
Replies: 41
Views: 4007

Re: Roth, Taxes and Mistakes

Does she have an errors and omissions policy to cover her obvious short comings? Not sure if that is used in tax advising, but it is used in Insurance sales.
by dwickenh
Sat Aug 05, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: [SOLVED] VG Account Compromised: Please Advise
Replies: 30
Views: 2578

Re: VG Account Compromised: Please Advise

This might be obvious to you, but if you use sites like mint or personalcapital when you login they will send a 2 factor authentication each time you use their site if you have registered their sites to access your vanguard account. I always get a text with 2 factor authenticaion when I log into th...
by dwickenh
Fri Aug 04, 2017 7:05 am
Forum: Investing - Theory, News & General
Topic: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’
Replies: 24
Views: 2671

Re: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’

Pajamas wrote:Well, mutual funds could logically lead to the utter destruction of capitalism. If everyone owned equal amounts of a universal index fund, that would effectively accommodate true communism. :beer
You forgot GREED, an emotion that humans find hard to resist.

Dan
by dwickenh
Wed Aug 02, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security spousal v. own earnings
Replies: 16
Views: 1150

Re: Social Security spousal v. own earnings

An example as follows: Her benefit at 62 = 500.00 She will get that amount until he files for SS. His benefit is 2000.00 at FRA and he files at 62 also. He would get 75% of 2000.00 or 1500.00 benefit. She now gets up to 35% of his 2000.00 FRA benefit or 700.00 benefit. She gets her 500.00 plus 200.0...
by dwickenh
Wed Aug 02, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security spousal v. own earnings
Replies: 16
Views: 1150

Re: Social Security spousal v. own earnings

As I understand it, her spousal benefit would be based on the % at her claiming age of 62. That would make her % of his FRA(full retirement age) benefit 35%. She will get a percentage of his full retirement age benefit when he claims his benefit. It will never be more than a percentage (35% to 50%)o...
by dwickenh
Wed Aug 02, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have to rebalance??
Replies: 16
Views: 1499

Re: Do you have to rebalance??

In my experience, there is rarely a need to do a rebalance between US and International because one piggy-backs on the other. But note...it could be that my experience is just too short. I've only been paying attention for about 10 years. In very broad terms, when one goes up, the other goes up alt...
by dwickenh
Wed Aug 02, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation advice
Replies: 7
Views: 499

Re: Asset allocation advice

https://www.portfoliovisualizer.com/backtest-asset-class-allocation#analysisResults Initial Balance Final Balance CAGR 1 $10,000 $100,505 7.86% 2 $10,000 $96,060 7.70% You can run the results for 70/30 vs 60/40 on this website. My results of (1) 35% US stock, 35% Foreign stock, and 30% US Total Bond...
by dwickenh
Wed Aug 02, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Advice for Son
Replies: 21
Views: 2268

Re: Advice for Son

aristotelian wrote:My advice would be to think less about investment and more about taxes, charity, and estate planning. He has already won the game. What does he want to do with the money?


+1 A tax and estate plan will be needed before any worries on investing.
by dwickenh
Tue Aug 01, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Fun and interesting set of Calculators
Replies: 3
Views: 815

Fun and interesting set of Calculators

Hello all,

I came across this website and had never seen it posted here before. It has some very simple and interesting retirement withdrawal and investment calculators. My apologies if it is well known and posted before.

https://www.mycalculators.com/ca/inftaxm.html

Dan
by dwickenh
Tue Aug 01, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 8157

Re: Greenspan: Look Out When Bonds Pop

FullYellowJacket wrote:Does Greenspan have any credibility any more?


A bigger crystal ball can still be cloudy....... no he can't tell the future. It's just more scary when you hear him say it. I don't listen.

Dan
by dwickenh
Sun Jul 30, 2017 7:54 am
Forum: Personal Consumer Issues
Topic: Ever been sued?
Replies: 12
Views: 1837

Re: Ever been sued?

No, never been sued. I have never sued anyone. Lawyers would starve if they had to make their living on me!!
I was in the pre-law program at St. Louis U, and decided to go a different route so no animosity for lawyers.

Dan
by dwickenh
Sat Jul 29, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 6
Views: 458

Re: Asset Allocation

If you have enough cash/bonds to last 2-4 years, the difference between 25% and 34% draw down may not look that intimidating. Make sure you have enough available(not in tax sheltered due to the ACA qualifier) to last for 2-4 years and your sleep may be less disturbed. I use the same short term bond ...
by dwickenh
Sat Jul 29, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Auto Battery
Replies: 29
Views: 2329

Re: Auto Battery

3 batteries in 5 years is excessive. It could be related to conditions,(extreme heat or cold) usage(internal or external draw on the battery), poor battery choice. Interstate has a good reputation, so the last of the three seems unlikely. You can test the battery draw with a common voltage meter or ...
by dwickenh
Sat Jul 29, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Is this a healthy asset mix for my situation?
Replies: 13
Views: 967

Re: Is this a healthy asset mix for my situation?

Being a newbie and novice at investing I would be grateful for some feedback regarding my investments. I am 60 years old and expect to work for another 7 years, though working longer —and early retirement are both options I consider as both have their appeal. I am not looking to make a killing but ...
by dwickenh
Sat Jul 29, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Intitial investment advice for 58 couple with approx 175k cash IRA
Replies: 23
Views: 1570

Re: Intitial investment advice for 58 couple with approx 175k cash IRA

I also have rental income steady houses owned out right and return is 7% plus or minus on my intitial 70 k investment house worth 95 k now I will have no pension like many small businesses health insurance costs, Eat up 35 k a year with deductibles Ect. I believe I cannot retire until I am eligible...
by dwickenh
Thu Jul 27, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund dividends not being sent to bank
Replies: 5
Views: 556

Re: mutual fund dividends not being sent to bank

My brother has a new brokerage account of 2 months. I just set up his dividends to his bank account with Vanguard. No hitches, worked fine the first month.
by dwickenh
Wed Jul 26, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 28
Views: 4631

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Are those funds will replace existing or they are addition? Not clear why create 2 new funds with more international exposure, why not add more international to existing? Some peeps don't want more international, so this way there is a one fund choice for both people. I own some Wellesley in my IRA...
by dwickenh
Wed Jul 26, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: What is the portfolio role of a leveraged bond fund like PONDX?
Replies: 44
Views: 1785

Re: What is the portfolio role of a leveraged bond fund like PONDX?

I would not buy a leveraged Stock fund, and I would never buy a leveraged Bond fund. I am conservative by nature. Some people may feel compelled to buy some of both. I say Good Luck to you. I understand leverage makes the fund move both directions quickly. I am more concerned with long term investin...
by dwickenh
Sat Jul 22, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: How much electricity are you using and how expensive it is?
Replies: 93
Views: 4395

Re: How much electricity are you using and how expensive it is?

Spread sheet shows average monthly for this year is 116.45. I have 1760 sq ft ranch with same square footage in basement. All electric with Geo Thermal. Not complaining as it has been 100 plus here for most of 2 weeks now.
by dwickenh
Thu Jul 20, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: An easy-to-understand withdrawal plan for comments
Replies: 9
Views: 801

Re: An easy-to-understand withdrawal plan for comments

I agree with POF in that you have won the game and 80/20 seems a little aggressive. I like the planning for each stage, but I would likely use stock dividends and bond interest income to handle 1/2 of the 80,000. Then the bonds would last much longer and not unbalance the portfolio so severely. I kn...
by dwickenh
Wed Jul 19, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop being "concerned"
Replies: 27
Views: 5441

Re: When to stop being "concerned"

In the 60's I was worried about getting home for dinner on time. My Mom would ring a bell that we could hear anywhere on the farm. If my 4 older brothers got there first, there was little left for the "baby" of the family. I never worried about anything else, or can't remember it if I did ...
by dwickenh
Wed Jul 19, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: avoiding capitol gains tax
Replies: 7
Views: 753

Re: avoiding capitol gains tax

I would check with someone besides the F.A. for the information as he is likely resistant to the change.
by dwickenh
Wed Jul 19, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: avoiding capitol gains tax
Replies: 7
Views: 753

Re: avoiding capitol gains tax

Check with Vanguard and see if the funds will "transfer in kind" where the funds are not sold, but just transferred to Vanguard. Then you can wait for the one year mark to sell at long term gains.

Dan
by dwickenh
Wed Jul 19, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 25
Views: 3221

Re: The Death of Buy and Hold

Did William Devane appear on the cover? :)
by dwickenh
Tue Jul 18, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: Have you read the GotRocks parable ?
Replies: 2
Views: 589

Re: Have you read the GotRocks parable ?

I read the Gotrocks parable in "The little book of Common Sense Investing". I have read the book 4 times(I must be a slow learner) because I find it to be such a gem.

The Gotrocks parable really drives home the idea of returns reduced by complexity and costs.

Dan
by dwickenh
Sun Jul 16, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Diminished Value Auto Claim
Replies: 12
Views: 1025

Re: car Diminished Value

This is a good article on Diminished value claims with tips on what to ask for in your letter to the insurance company.

http://www.carinsurance.com/Articles/di ... claim.aspx

Hope this helps,

Dan