Search found 577 matches

by rixer
Sun Apr 08, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: 3-port vs. Vanguard LifeStrategy Funds
Replies: 4
Views: 528

Re: 3-port vs. Vanguard LifeStrategy Funds

The only difference seems to be the International Bond Fund that's included in Lifestrategy and the fact you don't have to rebalance it yourself. I believe Vanguard thinks the diversification can help or at the very least, it won't hurt you.

Except for a separate 3 yr cd ladder, I'm all in.
by rixer
Sat Apr 07, 2018 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Tranquilizing Fear of Dip after Initial Investment
Replies: 23
Views: 1679

Re: Tranquilizing Fear of Dip after Initial Investment

Having the portfolio in a lifestrategy fund (or other balanced funds) takes some of that anxiety away. You don't normally see the major gains and losses from the individual funds inside it, just the overall result. Plus there's nothing to do or rebalance. It's very boring but for me, it solves the a...
by rixer
Sat Apr 07, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 3375

Re: How do you estimate your home's market value?

An estimate from Zillow can be close enough for your own curiosity. If you want a more accurate figure then you would likely want a professional appraisal.
by rixer
Sat Apr 07, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2543
Views: 476799

Re: What's Your Credit Card Rewards Strategy?

My strategy is simple. We shop at Costco first for the things we want and use their reward card. We put everything on it we can. Trips really add up so we use it for cruises, flights, lodging and restaurants. Then once a year we get a nice fat check in the mail for our reward. :beer
by rixer
Sat Apr 07, 2018 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Entire $24,000 SEP IRA in Vanguard Health Care Fund
Replies: 34
Views: 2278

Re: Entire $24,000 SEP IRA in Vanguard Health Care Fund

Energy funds were a no brainer several years ago too..
Look how that's turned out.
by rixer
Fri Apr 06, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 3904

Re: Who uses the 3 fund portfolio ?

I kind of wonder the same thing. We hear about simplicity with the 3 fund, balanced and T/D funds and how they will serve you best. But it seems that those who recommend those funds actually have more complicated portfolio's when more info comes out. I have a 3 yr cd ladder of minimum expenses that ...
by rixer
Thu Apr 05, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 2707

Re: Who uses Schwab and what are the up and downsides?

I've been with Schwab for about 20 years. I haven't had one issue with them. Their website is very helpful and user friendly, I learned a lot there when I got started with them. When I've had a question or needed help they were there to help. I don't pay an adviser there but I do have a personal con...
by rixer
Wed Apr 04, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 42
Views: 3283

Re: Cleaning up new house before move in—getting rid of “cat smell”

Before you move in, clean it down completely, then go rent an ozone machine and let it run for a few days while the house is empty. Go over instructions for the ozone machine carefully and keep people from the building while it's running. It adds another oxygen molecule to the air and it becomes lik...
by rixer
Tue Apr 03, 2018 8:09 am
Forum: Investing - Theory, News & General
Topic: financial advisory post-retirement?
Replies: 27
Views: 2883

Re: financial advisory post-retirement?

A balanced fund and a yearly withdrawal for income is pretty simple.
by rixer
Sun Apr 01, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investment options during retirement
Replies: 4
Views: 372

Re: Taxable account investment options during retirement

Having a balanced fund in taxable isn't always bad for a retiree. It depends on his other income, tax rate and how much dividends the fund is paying out. Some retiree's have balanced funds in taxable and pay little or no taxes. Run the numbers first, it may work out okay.
by rixer
Thu Mar 29, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3035

Re: Explain one more time how balance funds work

OP here. I'm not sure if those who currently have a balanced fund of some sort have concluded anything about "rebalancing" their own portfolio vs letting the the fund itself do it. But is it safe to assume that on "average balance" funds at Vanguard (Target, Lifestyle, etc) generally do as well as ...
by rixer
Sun Mar 25, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Help w 71yr mother's investments
Replies: 4
Views: 377

Re: Help w 71yr mother's investments

Don't forget to check out Vanguard Lifestrategy funds like the Income Fund that's 20-80 and the Conservative Growth Fund that's 40-60. They are diversified globally with 4 low cost index funds. She could convert all those different funds in the IRA into one easy balanced fund.

Simplicity. :sharebeer
by rixer
Thu Mar 22, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7079

Re: What Budget? Do you keep one?

We're retired. The way we budget is to draw out a year's income and that's all we got to live on for the year. So far it's worked out and we're spending less than our draw without trying. (not a whole lot less)
For keeping track of our expenses, we use a google doc that works easily for us.
by rixer
Wed Mar 21, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1588

Re: Spousal Social Security

I'd say go for it if you can, it's a great deal. We went the restricted application route. I was able to collect spousal income while my benefit continued to grow. I finally took my own benefit at 68 and a half. It worked well for us.
by rixer
Mon Mar 19, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Best way to hold cash in retirement accounts??
Replies: 57
Views: 6233

Re: Best way to hold cash in retirement accounts??

I have a three year CD ladder that I've been rolling over for the "just in case" event. It's for the bare minimum expenses needed after SS. I'll re-evaluate the situation if needed but this is the current plan B.
by rixer
Sun Mar 11, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Savings Rate for Self Employed
Replies: 9
Views: 646

Re: Savings Rate for Self Employed

I was self employed with no employees. This isn't a sophisticated system but it's what I did. I would make my deposits once a week. I would add up the total receipts and take 15% for taxes, 25% for retirement and personal savings and deposit in a stand alone savings account set up just for this. I'd...
by rixer
Fri Mar 09, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why (or why not) use an advisor
Replies: 42
Views: 2056

Re: Why (or why not) use an advisor

When you're invested in a low cost balanced index fund, what would be the purpose of paying for advice every year?
by rixer
Fri Mar 09, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5164

Re: Dumped My Advisor, Now What?

I bought VDE.
Investing in energy companies is a no brainer, right? :oops:

I now stick to my Lifestrategy fund. I suck at picking winners.
by rixer
Thu Mar 08, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Anyone get a 'Tuff Shed' ?
Replies: 12
Views: 1999

Re: Anyone get a 'Tuff Shed' ?

I got a Tuff Shed from Home Depot about 17-18 years ago. It was on sale and also had free installation and painting. We took out a HD credit card for the wife and got another 10% off. The installers were from Tuff Shed. I would do it again but it might be a while before I need another one. One thing...
by rixer
Thu Mar 08, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 33960

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I don't use a FA. Our portfolio is in a simple Lifestrategy Fund. There is nothing to advise, I hold the fund and decide what to withdraw each year.
by rixer
Wed Mar 07, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for retired couple
Replies: 8
Views: 1241

Re: Suggestions for retired couple

I just want to say that everyone's income and tax rates are different. We're retired and have money in a Lifestrategy fund in taxable. We owed little taxes this year because there still wasn't that much income.
Run the numbers. You might be surprised if you're already retired.
by rixer
Sun Mar 04, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: What is your investment strength?
Replies: 70
Views: 5280

Re: What is your investment strength?

My strength is accepting what I'll get from a balanced fund and not stressing over market conditions as much.
by rixer
Thu Mar 01, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: How to Avoid Selling Depreciated Stocks When Retired
Replies: 48
Views: 2444

Re: How to Avoid Selling Depreciated Stocks When Retired

I'm not advocating anything but this is how I have it planned. I have my portfolio in a Lifestrategy fund. I have 3 years minimum expenses in a CD ladder I keep rolling over just for the purpose of safety in a down market. We have no debt so expenses are low and if need be, we could collect SS and o...
by rixer
Wed Feb 28, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: how to draw down taxable retirement acct...?
Replies: 20
Views: 1552

Re: how to draw down taxable retirement acct...?

I have withdrawn from taxable two years now in retirement. My situation is different than some. I have a LS balanced fund in all accounts. I know that balanced funds aren't as tax efficient but in this case, it was purchased after retirement, isn't a terribly huge amount, I spend the dividends and t...
by rixer
Tue Feb 27, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stock inflows over the past 12 months: $25 billion. Taxable bond inflows: $392 billion
Replies: 18
Views: 2906

Re: U.S. stock inflows over the past 12 months: $25 billion. Taxable bond inflows: $392 billion

I think when a real big drop happens due to recession and things look bleak, you'll see many people bail out of equities. The emotions get strong when you're losing a bundle.
by rixer
Sat Feb 24, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: What vacations or weekend getaways are you taking this summer?
Replies: 24
Views: 1747

Re: What vacations or weekend getaways are you taking this summer?

We will be agate hunting on coastal beaches and going on rockhounding field trips as much as possible this summer.
by rixer
Sat Feb 24, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 557
Views: 61820

Re: Netflix, Your Current Favorite Show

My new favorite show on Netflix is a Bravo production called "Imposters". It's about a beautiful scam artist that marries men and women leaving them with nothing after she takes it all. Three of her victims team up to find her but they run out of money because she took it all. They resort to becomin...
by rixer
Thu Feb 22, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33881

Re: What if you only live off dividends?

It seems the answer to this is fairly obvious. If you live on only dividends, you will subsist on an income that is far below your means and die with a giant sum of money in all but the scenario of total world financial collapse. If that is desirable to you then go ahead. I’ll personally be using a...
by rixer
Wed Feb 21, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Update: Yikes, I waited too long, am I [too late]? 50k to invest
Replies: 53
Views: 5691

Re: Yikes, I waited too long, am I [too late]? 50k to invest

I think a balanced fund would work best for you also. As far as tax efficient goes, it's not always so bad. It depends on your tax rate and how much income it generated. Which may not be that much to worry about. I have a balanced fund in my taxable account and it's been no problem for us as it just...
by rixer
Tue Feb 20, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Creating My Index Portfolio
Replies: 21
Views: 1665

Re: Creating My Index Portfolio

Don't overlook Vanguard Lifestrategy Moderate Growth fund. It's 60-40 and remains in balance. You can make your contributions each month and it will take care of everything else while you concentrate on your business.
by rixer
Mon Feb 19, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 17585

Re: Retirees: The common sense withdrawal method

I've just withdrawn for two years now since being retired. Just to have a starting place we used the 4% rule and this year we did the same with added cola. For us, we like to withdraw a certain amount for the entire year and make do on it. This way, we'll keep a handle on our spending and we'll know...
by rixer
Sun Feb 18, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Retirement investment advice for parent
Replies: 10
Views: 1081

Re: Retirement investment advice for parent

Of those choices, I like the Vanguard Balanced Index Fund.
by rixer
Thu Feb 15, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 8812

Re: How many of you use the "4% rule" during retirement?

I follow the 4% rule.It gave me a reasonable place to start. I'm only on the second year though so the plan is to re-evaluate if things go south. I have room to cut back if necessary but after drawing out for two years income, I have more than I started with so, so far, so good.
by rixer
Tue Feb 13, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33881

Re: What if you only live off dividends?

If I had to, I could get by on SS and dividends. If I had to. So far I haven't had to, but it's comforting to know I could skate for a few years if need be. And so far, my portfolio has risen even after taking withdrawals. If we experience some losses, we'll re-evaluate but until then 4% still works...
by rixer
Mon Feb 12, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 111
Views: 8511

Re: How does one emotionally keep it together during market swings?

It used to be tougher for me until I went with a balanced fund. For me, it's so much easier this way. We feel that it's the safest way for us and it keeps the risk at a certain level so it actually takes the emotional aspect out of it.
by rixer
Sun Feb 11, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 23
Views: 2228

Re: Best options for cash in Schwab brokerage accounts?

When I have small amounts of cash sitting in there, I just put it in the Schwab total stock index fund. It's not usually enough to throw off my AA.
by rixer
Fri Feb 09, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Still waiting to invest?
Replies: 47
Views: 5927

Re: Still waiting to invest?

I'm retired and everything is in Lifestrategy CG. I don't have any dry powder to invest except for my three years minimum expenses CD's I hold for an extreme downturn. I won't gamble those CD's by buying more equities but I've thought about it.
by rixer
Sat Jul 01, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Thomas Partners vs Schwab Intelligent Portfolios
Replies: 8
Views: 1864

Re: Thomas Partners vs Schwab Intelligent Portfolios

Thanks. I am going with LifeStrategy conservative. If the market has a significant correction I may switch all or half to LS moderate. As long as I pay attention to my overall AA strategy, ie know the index proportions in these all-in- one products, should be ok. At some point with more confidence,...
by rixer
Mon Apr 10, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else own balanced index fund? [vbinx]
Replies: 26
Views: 4626

Re: Anyone else own balanced index fund? [vbinx]

Unless you plan on changing your asset allocation I don't think it makes any difference whether you draw from a balanced fund or separate funds.
by rixer
Mon Apr 03, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 29692

Re: Low-earners- What is your profession?

I'm retired. I was a carpet cleaner and the wife was a bookeeper for a small business. We have never made 100 k in a year ever. We lived under our means frugally, paid off our home here in California and contributed to our retirement accounts.
We are enjoying retirement and traveling where we want.
by rixer
Thu Mar 30, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: At Schwab, Dividend Reinvestment of Vanguard Mutual Funds
Replies: 7
Views: 1311

Re: At Schwab, Dividend Reinvestment of Vanguard Mutual Funds

I have Vanguard funds at Schwab and there isn't a fee to reinvest dividends and cap gains.
by rixer
Wed Mar 29, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 14690

Re: When do you plan to die?

I'm thinking 85 at best. I will re-evaluate as time goes by and adjust if I feel its necessary. There is always the house that would provide a few more years in the worse case. Then we'll find out how much the kids love us. ... :happy
by rixer
Fri Feb 03, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 90
Views: 9410

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Withdrawal phase. Retired 4 years. Lifestrategy Conservative Growth Fund ( 40-60) in three accounts. Her ira, my ira and a taxable. 3 years expenses in CD's that I roll over. Wife draws early SS, I'm drawing Spousal, I'm 68.6 yo, claiming my own SS next month. No pension. Just started with first wi...
by rixer
Fri Feb 03, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 90
Views: 9410

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Withdrawal phase. Retired 4 years. Lifestrategy Conservative Growth Fund ( 40-60) in three accounts. Her ira, my ira and a taxable. 3 years expenses in CD's that I roll over. Wife draws early SS, I'm drawing Spousal, I'm 68.6 yo, claiming my own SS next month. No pension. Just started with first wit...
by rixer
Thu Jan 26, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 10663

Re: Dow hits 20,000. What next? Share your strategy

I'm retired. My emotional side says I am too conservative and I should ramp up on more stocks. I know "stay the course" is my best strategy but sometimes I just can't help myself.

So that is why I hang out in lifestrategy cg. It's automatic and my emotional side doesn’t get involved.
by rixer
Thu Jan 19, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Target Date Fund - Retirement Years
Replies: 29
Views: 3594

Re: Target Date Fund - Retirement Years

Assuming that you are withdrawing the often-cited 4% a year from your portfolio in retirement, are there any drawbacks to just taking that 4% out per year from a target date fund vs selling off the winners to re-balance if instead you had a 3-4 fund portfolio? I'm sure there are some reasons some w...
by rixer
Fri Dec 30, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Advice for staying the course
Replies: 20
Views: 2362

Re: Advice for staying the course

I found it was easier for me to stay the course with a balanced fund.
by rixer
Fri Dec 30, 2016 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Are balanced index funds tax efficient?
Replies: 9
Views: 1578

Re: Are balanced index funds tax efficient?

I hold lifestrategy cg in taxable. I am retired and don't contribute any more. Since I am in15% tax bracket it's not too bad and the simplicity is worth it to me and the wife.
by rixer
Tue Dec 20, 2016 10:53 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 89
Views: 12755

Re: Charles Schwab Experiences?

I've been with Schwab for 20 years. Great customer service, helpful and customer friendly website. They also have a rather big brick and mortar building here and I can get personal help when needed. They have always been there for me when I have needed assistance and I haven't had one single issue w...