Search found 749 matches

by gwrvmd
Mon Apr 23, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Class/Group at Work
Replies: 14
Views: 846

Re: Investment Class/Group at Work

I think it is a great idea. Lack of financial literacy is a major problem in the US. Many countries, especially in Asia, are ahead of us Go to website: NEFE.org , that is The National Endowment For Financial Education. They have many good ideas, sample lesson plans, suggested discussion topics etc.....
by gwrvmd
Mon Apr 23, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Front Loaded Fund Restart
Replies: 6
Views: 371

Re: Front Loaded Fund Restart

The advise about Vanguard is good The broader advise is get away from First Command. The funds are poor and the expenses are high They hire retired military but they are salesmen not advisors so don't let them take advantage of you. Gordon (retired military) Look for advise on here from Doug Nordman...
by gwrvmd
Mon Apr 16, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 56
Views: 5437

Re: Cash instead of bonds?

I do exactly that. My asset allocation is 85% S&P 500 Index fund and 15% cash. Have done it all my life and I am 81 The Vanguard S&P 500 index fund (Investor shares VFINX) has returned 11.11% average total annual return since it was introduced in 1976, the past 42 years. Has your portfolio done bett...
by gwrvmd
Sun Apr 08, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4485

Re: Higher total income in retirement than during working?

Sheepdog
Thought I had done well with an AGI of 50% higher in retirement than my highest AGI when working.
But you spending $73,000 with a $160 tax bill beats me by a mile. You must have a lot of tax free municipal bonds and a large Roth IRA to draw from. Good Show!..........Gordon
by gwrvmd
Sun Apr 08, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4485

Re: Higher total income in retirement than during working?

I agree with the Wizard I retired in 2005 with a 100% stock portfolio. I didn't sell anything in 2008. It is amazing what a 9 year bull market and compounding can do. If the market goes down 50% and stays there my portfolio will still be more than I retired with in 2005 My AGI on my income tax in 20...
by gwrvmd
Fri Apr 06, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: How much mortgage to borrow?
Replies: 33
Views: 2050

Re: How much mortgage to borrow?

You have a car loan?
If you can't pay cash for a car, you can't afford a 2 million dollar house.....Gordon
by gwrvmd
Mon Mar 05, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Should I agree to have my driving monitored in exchange for lower rates?
Replies: 65
Views: 4991

Re: Should I agree to have my driving monitored in exchange for lower rates?

If a furniture store offered you a 50% discount on a bed and mattress set if they could monitor your night activity, would you accept that?.......Gordon
by gwrvmd
Mon Feb 26, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Rolling in Traditional IRA to Employer-sponsored 401(k)
Replies: 7
Views: 577

Re: Rolling in Traditional IRA to Employer-sponsored 401(k)

I wouldn't do it. You have a lot more control over investments, investment costs and transferring an IRA that you control than over a 401(k) that an employer controls.
That's why people transfer 401(k)s to IRAs when they retire.........Gordon
by gwrvmd
Tue Jan 30, 2018 1:23 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 24072

Re: 401k millionaires

I definitely agree with CurlyDave's attitude in reference to higher taxes If your taxes go up that means you made more money, or your spouse made more money, or your house went up in value, or your investments went up in value If you are lucky, your taxes will go up again next year..............Gord...
by gwrvmd
Sat Jan 27, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying down student loans with 403b
Replies: 8
Views: 636

Re: Paying down student loans with 403b

Two Points: 1) If you take the money out to pay education loans you will owe taxes on it at the top rate of your current income. Sort of defeats the investing tax deferred advantage you currently have. 2) You are earning interest. That implies your 403(B) money is in bonds not equities (stock). If y...
by gwrvmd
Wed Jan 24, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendation from a Fee Only Advisor
Replies: 25
Views: 2648

Re: Recommendation from a Fee Only Advisor

There is a lot of wisdom in the old investment adage:

The most important factor in long term investing is avoiding the big mistakes.......Gordon
by gwrvmd
Sun Jan 21, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement BRS vs. Legacy
Replies: 7
Views: 679

Re: Military Retirement BRS vs. Legacy

Military Retiree here I think you have it figured out pretty well. The key for most people to make out well with the BRS is you must commit to putting 5% in the TSP every month (for 20 years!) to get the 5% incentive match. For you that should not be a problem. Another point: The payment at 12 years...
by gwrvmd
Sun Jan 21, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?
Replies: 21
Views: 1515

Re: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?

Money Magazine.....pretty much worthless
Kiplingers.....Fair
Smart Money.....Stopped publishing 5 years ago. When was the last time you cleaned out your mail box?
Gordon
by gwrvmd
Sat Jan 20, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 5515

Re: Discussing a 529 with your kids

You are wondering when to "disclose the 529 info to the kids"? From the time my kids were about 10 years old, I had a short class with each kid at the end of the year as we went over their Year End 529 Statement. What is a 529, how does it work, what is it for, what company is it with, what is it in...
by gwrvmd
Wed Jan 17, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation question
Replies: 5
Views: 512

Re: 529 asset allocation question

To solve your dilemma do one child at 60/40 and the other at 80/20. Best of both worlds. You own both accounts so you can transfer assets from one account to the other with just a phone call I did a similar thing with my 2 kids. I put one 529 account in 2 stock mutual funds and the other 529 in a on...
by gwrvmd
Mon Jan 15, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 10476

Re: Besides Bogleheads, What Are Your Favorite Forums?

The White Coat Investor(WCI) is an excellent personal finance forum. Written for MDs but is good solid financial advise written with a learn and DIY bent.
Written by an ER physician Dr Jim Dahle from Salt Lake City UT. Excellent forum, he sometimes posts on here......Gordon
by gwrvmd
Sun Jan 07, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: Contemplating a sector bet: India
Replies: 17
Views: 1665

Re: Contemplating a sector bet: India

I have had an investment in India for about 10 years through a Closed End Fund: MS India. There is also another India closed end fund: India Fund, the MS India Fund has done slightly better. Closed End Funds are listed every Monday in the WSJ. (MS stands for Morgan Stanley) It did well for a few yea...
by gwrvmd
Sun Jan 07, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: 2017 Callan Periodic Table of Investment Returns
Replies: 35
Views: 4824

Re: 2017 Callan Periodic Table of Investment Returns

Todd....Thank you very much for posting, don't know how you did it, very impressive

Actually makes me very happy to be a simple S&P 500 investor......Gordon
by gwrvmd
Thu Jan 04, 2018 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Account Management [1-time fee vs. ongoing AUM fees]
Replies: 7
Views: 445

Re: Account Management [1-time fee vs. ongoing AUM fees]

Be sure you realize the one time fee is one time a year, it is not a one time fee. When you went to North WesternMutual for a 1.5% annual fee that must be almost as much as the CD was paying. You should have come to Bogleheads before you went to NWM This response is written to our guests as much as ...
by gwrvmd
Tue Jan 02, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing Mutual Funds with Unrealized Gains
Replies: 3
Views: 314

Re: Purchasing Mutual Funds with Unrealized Gains

With mutual funds, when you buy you may inherit some of the previous owners capital gains. When you sell somebody inherits some of your capital gains......its a wash........Gordon
by gwrvmd
Sun Dec 10, 2017 6:07 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 1213

Re: "The Modern Corporation and the Public Interest" by John C. Bogle

Very, very impressive. It should be a topic of debate at every business school in the nation......Gordon
by gwrvmd
Wed Dec 06, 2017 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 719
Views: 192311

Re: Share your net worth progression

A new concept that goes along with Net Worth Progression is the Wealth Conversion Efficiency Ratio. The WCER is your Current Total Net Assets over the total money you have earned in your life. It is a measure of how efficiently you have turned your human capital into financial capital for use in the...
by gwrvmd
Fri Nov 03, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) - pushing annuity?
Replies: 14
Views: 1445

Re: 403(b) - pushing annuity?

Are you kidding? If he came into my house and told me he wouldn't give me a written document because I wouldn't understand it, would soon realize his life was in danger. He better buy the annuity on himself and, for his wife's benefit, be sure it has a survivor benefit or it could be wasted money......
by gwrvmd
Wed Sep 27, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2566

Re: Edward Jones (again)

Vanguard does not have a 12(B)-1 fee on any funds. A 12(B)-1 fee is an on-going fee paid to whatever company or person sold you the fund. Vanguard refuses to pay anybody a commission for selling its funds. That's why you don't see EJ or Raymond James offering Vanguard funds............Gordon Edit: I...
by gwrvmd
Sat Sep 16, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Local Real Estate Agents recent ads - claim to have thousands of buyers??
Replies: 4
Views: 596

Re: Local Real Estate Agents recent ads - claim to have thousands of buyers??

Everybody within a 25 mile radius that doesn't own a house is a potential buyer. That could easily be 5,000 to 8,000 in your area. Most all real estate agents in metropolitan areas could make the same claim.......Gordon
by gwrvmd
Tue Sep 05, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 9462

Re: Do retiree BHs actually run down their portfolios?

I retired at the beginning of 2006. I have a 100% stock portfolio, mostly tax deferred. My portfolio in 2017 is worth twice what it was in 2006. That includes 2008 (I didn't sell anything) and I have lived quite well. A crash soon after retirement doesn't have to be a catastrophe if you don't panic....
by gwrvmd
Tue Sep 05, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 5058

Re: Bought crypto currency

Do you have any physical proof of this transaction or was it a virtual transaction........Gordon
by gwrvmd
Sun Aug 13, 2017 10:21 pm
Forum: Forum Issues and Administration
Topic: Please consider setting a time limit of 15 minutes to edit a post
Replies: 31
Views: 3700

Re: Please consider setting a time limit of 15 minutes to edit a post

I believe the Moderators do a great job and the policy should be left as it is
People often post symbols for stocks, mutual funds and ETFs. A one letter mistake can be serious
You should be able to correct it as soon as it is pointed out or you realize your mistake......Gordon
by gwrvmd
Thu Aug 10, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 8015

Re: What Percentage CASH are you?

BW1985
I am also 85/15, 15% being cash, no bonds
If the market goes down, 15% cash represents 3 years spending, much cheaper than 40% bonds
Have done it all my life. Now there is a name for it, the new book "Investing at Level 3"......Gordon
by gwrvmd
Sun Aug 06, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have enough to retire-retire from the military
Replies: 42
Views: 4676

Re: Do I have enough to retire-retire from the military

Retired military here
I think you are ok but if possible I would go for 24 years...that's 60% and the extra means a lot when it is indexed for, hopefully, 40 years.
It is also a couple extra years at probably the highest pay you will ever have. Good luck......Gordon
by gwrvmd
Sun Aug 06, 2017 8:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: Celebrating 30 years with Vanguard!
Replies: 25
Views: 2810

Re: Celebrating 30 years with Vanguard!

I started with Vanguard in 1978. At the time Vanguard had 4 funds: Wellesley fund, Wellington Fund, Windsor Fund and S&P 500 Trust (later to become S&P 500 Index Fund). I bought Windsor which I now own as traditional and as tax deferred plus in 6 grandchildren's 529s I own 8 Windsor accounts, it has...
by gwrvmd
Sat Aug 05, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dad as Investment Advisor for Kids
Replies: 51
Views: 4614

Re: Dad as Investment Advisor for Kids

Ten Pages ? Several years ago (I don't remember the particulars) there was a contest to see who could put the best and most complete "Guide to Personal Finance" on a 3x5 card. Some of the winners were very good and very complete You could put John Bogle's Ten Principles of Investing on a 3x5 card......
by gwrvmd
Sat Aug 05, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Drinking water price craziness
Replies: 79
Views: 9015

Re: Drinking water price craziness

Indexed Annuities, lottery tickets and bottled water all have approximately the same value.....Gordon
by gwrvmd
Thu Aug 03, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: The Rise From 7,000 to 22,000
Replies: 49
Views: 7332

Re: The Rise From 7,000 to 22,000

As long as capitalism exists, the stock market will go up long term. Think of that the next time somebody tells you that you should have 40% bonds........Gordon
by gwrvmd
Sat Jul 29, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security and military survivors benefits
Replies: 3
Views: 1041

Re: Social Security and military survivors benefits

I can't give you answers but I can get you started
You will need the persons full name and SSN
VA Benefits and Services 800-827-1000
http://benefits.va.gov/benefits.......Gordon
by gwrvmd
Fri Jul 28, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring 529 ownership
Replies: 6
Views: 947

Re: Transferring 529 ownership

No, because the money you put is was after tax money. Contributions to ESA 529s are not tax deductible.
Gordon
by gwrvmd
Sun Jul 23, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 4225

Re: Healthiest Beer for the Buck

BanguetBeer I think your calculations are low. By your calculations a 12 oz can/bottle of beer is 96 calories. That's Lite: Bud Lite, Miller Lite, Coors Lite etc. A regular beer is about 150 calories and they don't taste sweet. But your post does recall the old PBR commercial "Less NFS...Non Ferment...
by gwrvmd
Sat Jul 22, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 4225

Re: Healthiest Beer for the Buck

I don't know but I have been told: Beer is good for you, it is 95% water and keeps your kidneys flushed so you don't get renal disease Some guy also told me I am a GMO. He told me if I had all my genes analyzed, I would find out my genes aren't all like either my mammy or my pappy. Do you think they...
by gwrvmd
Thu Jul 20, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington VWELX or 3 fund portfolio
Replies: 20
Views: 4375

Re: Wellington VWELX or 3 fund portfolio

jimbeam 22
You are wondering about switching to a balanced index fund
Wellington is essentially a 65% large cap index and 35% corporate bond index fund. If you want a balanced index fund with a great long term record...That's Wellington!.............Gordon
by gwrvmd
Wed Jul 19, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 6332

Re: The Death of Buy and Hold

What does a 5 star book on Amazon mean?..........Gordon
by gwrvmd
Tue Jul 18, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 5650

Re: Expense Ratios, how high is too high

It is amazing what has happened to the cost of investing in the past 30 years. 30 years ago anything over 1.85% was considered high (and it usually had a front end load) 20 years ago anything over 1.5% was considered high 10 years ago anything over 1.0% was considered high Today anything over 0.5% i...
by gwrvmd
Mon Jul 17, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3940

Re: Thinking out loud

Friar1610 You asked if "Investing at Level 3" was the same if you had guaranteed sources of income such as pension, SS, etc I'll answer it this way: Another way to look at Investing at level 3 is never touching the stock portion of your portfolio when the market is down If you feel you need $60,000 ...
by gwrvmd
Sun Jul 16, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3940

Re: Thinking out loud

Its interesting you have those doubts, this is a very conservative group When you invest in bonds you are increasing the risk of losing your long term purchasing power, bond don't pay well nor respond to inflation. The recent book 'Investing at Level 3" by Dr James Cloonan, founder of AAII (American...
by gwrvmd
Sun Jul 16, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 997

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

Don't be afraid of the "equal weight approach" The Guggenheims S&P 500 Equal Wt ETF (RSP) is a commonly used investment. Generally it means that midcaps will have a greater effect on the asset than if it was capitalization weighed in which case large capitalization stocks would have a greater effect...
by gwrvmd
Sat Jul 15, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 538

Re: need help evaluating new 401k fees

You said "DWs new 401k has a quarterly asset based fee of .2825. I hope that is a quarterly fee based on an annual fee of .2825. That's not great but if you have Vanguard funds its ok. If it is a quarterly fee, that's 1.2% a year, that's not good........Gordon
by gwrvmd
Sat Jul 15, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Can American Funds be worth the load?
Replies: 17
Views: 3155

Re: Can American Funds be worth the load?

Yes, American Funds and American Century are two different companies American Funds are being hurt badly by the decreased expenses of index funds,ETFs, and regular mutual funds They are coming out with T shares (2.5% load and no 12(b)1 fees) and "clean shares " no load at all I believe Schwab or TD ...
by gwrvmd
Wed Jul 12, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 2186

Re: New Commodities ETFs

Some of these new commodities ETFs are like buying options in the commodities market
Options in the commodities markets are true gambling
Remember they are just using a Bloomberg Commodities Index, it is not Bloomberg that designed the ETF or is advocating it .......Gordon
by gwrvmd
Sun Jul 09, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Setting Up a New 403(b)
Replies: 12
Views: 825

Re: Advice on Setting Up a New 403(b)

This post could be an interesting learning exercise Many of us use Vanguard funds and know what the Expense Ratios (ER) are of the Vanguard Funds you have listed. Your 403(b) administrator is an insurance company, Lincoln Financial Group. You are being offered Vanguard funds through an insurance com...
by gwrvmd
Sun Jul 09, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5177

Re: Coyote control

If you give them a drink, and then something to eat, they will definitely stay around...... Coyotes? Oh, I thought you were talking about Cougars.......Gordon
by gwrvmd
Sat Jul 08, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in FEMA flood zone X
Replies: 30
Views: 3503

Re: Buying a house in FEMA flood zone X

Talk to the neighbors, if there has been any problems they will tell you (complain to you)
If they are new, ask them who has lived in the area the longest, ask them
You will learn more from them then any municipal or FEMA map......Gordon