Search found 6087 matches

by tibbitts
Sat May 28, 2016 1:20 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 8 — Is Credit Risk Ever Worth Taking?
Replies: 9
Views: 536

Re: Classic Bernstein 8 — Is Credit Risk Ever Worth Taking?

All very good, but since credit spreads tend to widen when equities decline, it seems at the very least a comparison between credit spreads and forward returns on equities is necessary to determine if investing in junk has been the preferable option, or if investors would have been better off plowi...
by tibbitts
Sat May 28, 2016 1:14 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 8 — Is Credit Risk Ever Worth Taking?
Replies: 9
Views: 536

Re: Classic Bernstein 8 — Is Credit Risk Ever Worth Taking?

I'm not sure if we should apply the 5% rule identically when treasuries are yielding 1% vs. when they're yielding 15%, but I'm not entirely convinced that's unreasonable, either.
by tibbitts
Sat May 28, 2016 12:57 pm
Forum: Personal Consumer Issues
Topic: Anyone convert a van for travel/camping?
Replies: 2
Views: 218

Re: Anyone convert a van for travel/camping?

I understand the issue and your desire to travel with your kids. But I'm not seeing a B as sufficient for 2 adults plus kids plus maybe pets, if you mean all of you actually sleeping in the vehicle. I think tent-camping enthusiasts, and I'm not especially one of them, would argue that anything else ...
by tibbitts
Sat May 28, 2016 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Reading advice
Replies: 7
Views: 257

Re: Reading advice

I'm sure this has been discussed adnausim, but just thought I'd ask. I've read boglehead guide to investing and coffeehouse investor. What would be another good book to read? Something that won't bore you to death. Just trying to gain knowledge here. Just my opinion, but the marginal value of more ...
by tibbitts
Wed May 25, 2016 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: 4% of what?
Replies: 5
Views: 786

Re: 4% of what?

How is the 4% rule applied to funds inside an IRA vs. taxable accounts? Similarly, what percentage of the funds in a 401K count toward net worth? 4%? I thought it was now the 3% rule. Oh wait, I just caught up on some more recent posts, I think it's down to about 2.7% now. At this rate, pretty soon...
by tibbitts
Wed May 25, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 142
Views: 6041

Re: What's Your Credit Card Rewards Strategy?

Anyone have the Chase Hyatt card? Two free nights after spending $1k but annual fee after the first year. Wondering if you cancel the card during the first year to avoid annual fee would you also lose the two free nights if you haven't used them yet? Maybe Marriott is a better deal actually, 80k po...
by tibbitts
Wed May 25, 2016 6:21 pm
Forum: Investing - Theory, News & General
Topic: This Bull Seems to be Getting Pretty Long In the Tooth
Replies: 69
Views: 5696

Re: This Bull Seems to be Getting Pretty Long In the Tooth

Seems as though the S&P 500 has had a huge, nearly continuous, rise since 2008-9. Anyone getting weary? Anyone pondering taking some risk off the table and cooling off the AA? Anyone struggling with whether to pay a capital gains tax? Dave Yes, I'm getting weary after 16 years of 2% annual retu...
by tibbitts
Wed May 25, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Can I just let my money compound now?
Replies: 51
Views: 5495

Re: Can I just let my money compound now?

Are you sure you're accounting for inflation properly? I bought a new car for $3500 in 1975 and a different new car for $50,000 forty years later (2015/16). Call that a factor of 14. So my new car in 2055 will cost $700,000 out of that extrapolated $1.5 million nest egg. I'm not sure that works for...
by tibbitts
Mon May 23, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2451

Re: Ineffective/Dangerous Sunscreens

Of course you often need to apply both insect repellent and sunscreen when outside, so that creates another problem, which is the varied interactions between the two. My understanding that combination products aren't recommended, but that just complicates your sunscreen decision further.
by tibbitts
Mon May 23, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

You have to name beneficiaries for your retirement benefits (so they can get the stretch) and for your life insurance (to protect it from your creditors). However, the easiest way to deal with your other assets is not to name beneficiaries for them. Your Will can say who gets what (dollar amounts f...
by tibbitts
Mon May 23, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

That's very interesting, and seemingly simple and effective. Vanguard, at least, has accepted this procedure in your case? Any other custodians? No, I have not done this. I have consulted with a lawyer to draw up a will and trust. But I have primary and secondary beneficiaries listed on each accoun...
by tibbitts
Mon May 23, 2016 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

What I really need is to identify some other piece of unique information, like a password, that the beneficiary could be supplied with at the appropriate time, and that the custodian could then use to uniquely identify the beneficiary, and therefore relieve the custodian of any potential liability....
by tibbitts
Sun May 22, 2016 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

Agreed, the two of us would have to "ping" each other periodically so we'd know if one or other of us isn't around any longer. You could both be around but one of you might be mentally unable to respond. Just when you need Long Term Care, your money might be given away! I think the bigger...
by tibbitts
Sun May 22, 2016 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

BL wrote:I am a bit puzzled. Our IRAs show to the person I am married to and secondary is descendants per stirpes. Joint is automatic. Perhaps you are being more specific than we are.

But you would need to cover the case of none of those individuals existing, as well.
by tibbitts
Sun May 22, 2016 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

While beneficiary forms have places for SSN and birth dates, these are not mandatory. Also, are you sure you can not get birth dates? You also expressed concern that the individual who has the information. Might not be available to serve as an executor. You could have a professional serve as execut...
by tibbitts
Sun May 22, 2016 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

Agreed, the two of us would have to "ping" each other periodically so we'd know if one or other of us isn't around any longer. Obviously it's possible that we could die in completely unrelated circumstances at close to the same time, so it's not a perfect plan. Possibly I can come up with ...
by tibbitts
Sun May 22, 2016 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Re: Incomplete Account Beneficiary Information

I do have one person who has sufficient information to notify and uniquely identify each beneficiary, but that doesn't seem to help. Not quite sure what the issue is. Why isn't sufficient information sufficient? One might guess by reading between the lines, but...? Not really a mystery - not everyo...
by tibbitts
Sun May 22, 2016 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Incomplete Account Beneficiary Information
Replies: 21
Views: 1018

Incomplete Account Beneficiary Information

I have a number of accounts at VG, Fidelity, TIAA, etc., mostly tax deferred, but some not. I want to name beneficiaries or make pay-on-death designations for these accounts, but generally have incomplete information (such as missing social security number, birthdate, etc.) I do have one person who ...
by tibbitts
Sun May 22, 2016 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Wellington & Wellesley
Replies: 4
Views: 891

Re: Fidelity vs Wellington & Wellesley

roundhouse wrote:Do Fidelity have anything that compares to Vanguard's Wellington & Wellesley funds?

Not sure about Wellesley but Balanced and Puritan are pretty close to Wellington, and depending on the period you look at, have frequently outperformed Wellington.
by tibbitts
Sun May 22, 2016 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Buying land in West
Replies: 30
Views: 2774

Re: Buying land in West

My limited experience with bare land is that it (lakefront property in this case) outperformed equities. But that was equities from the '70s through the early '80s. Based on subsequent property values, it wouldn't have even come close for the next fifteen years. So I guess there may be some diversif...
by tibbitts
Sat May 21, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: Alaska -- please recommend
Replies: 6
Views: 648

Re: Alaska -- please recommend

The best deals are usually in early May so that ship has sailed, so to speak, but you may find some last-minute deals since you'll already be in the area. Those of us who have to buy airfare just for the cruise don't generally have that choice. Most schools are out already, at least here. I just got...
by tibbitts
Wed May 18, 2016 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Why Vanguard added Int'l Bonds to the Target funds?
Replies: 23
Views: 2339

Re: Why Vanguard added Int'l Bonds to the Target funds?

I see that a lot of people do not like having these in their portfolio, I don't know why specifically. What makes the international stocks "Ok" to be added, while the bonds are not (I know the difference between stocks and bonds, just not sure why people are OK with intl stocks but not in...
by tibbitts
Sun May 01, 2016 11:39 am
Forum: Personal Consumer Issues
Topic: New A/C for Florida Military Rental
Replies: 15
Views: 1362

Re: New A/C for Florida Military Rental

I don't think a "better" brand/model is necessarily more reliable, as it is possibly more complex. And a lot has to do with the initial installation. Also I'm not sure the old 20+ yr lifespan for central hvac is as realistic today, partly due to the changes required for greater efficiency....
by tibbitts
Sat Apr 30, 2016 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can Vanguard represent me with the rollover?!
Replies: 14
Views: 1451

Re: Can Vanguard represent me with the rollover?!

My 401K is being held at Nationwide, and I had resigned my job and now want to roll it over to a Vanguard IRA. I went through the Vanguard link for the rollover, Vanguard then sent me an e-letter to print it and send to Nationwide, but this letter should be attached with Nationwide form(s) accordin...
by tibbitts
Sat Apr 30, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 68
Views: 6031

Re: Buying a New Car...Is it Unwise?

I think an Accord or anything similar-sized is too small for two adults, a child, and a dog for serious travel. You didn't mention the dog but it's required with kid in case you didn't get the memo. Do you have another car? If not get something that will tow at least 5000lbs. You'll never need to to...
by tibbitts
Tue Apr 26, 2016 8:14 pm
Forum: Investing - Theory, News & General
Topic: "For bondholders, rising interest rates can have an upside"
Replies: 25
Views: 3046

Re: "For bondholders, rising interest rates can have an upside"

Good timing for me. I spoke with a financial advisor and he said absolutely do not put money into bonds right now with the interest rates so low. He said it would be better (assuming i was willing to risk it) to put it all in index funds for the time being and wait until bonds are better; he also s...
by tibbitts
Sun Apr 24, 2016 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for post retirement career
Replies: 53
Views: 3074

Re: Advice for post retirement career

Agree more details needed. Why is the pension modest after 30 years? This is bogleheads, where people wonder if they'll ever be able to retire when they're only saving $150k/yr from their $350k/yr salary. Most people here have a... different... idea of modest. My pension will be about $9k-12k/yr de...
by tibbitts
Sat Apr 16, 2016 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! HR Doesn't Believe in Index Funds for 401k
Replies: 64
Views: 5711

Re: HELP! HR Doesn't Believe in Index Funds for 401k

Well, if you have no other fees and you can get an index fund for .35%, that's a pretty good option. WB fans will be along any minute now to tell you that that and a cash-equivalent are all you need, and while not Vanguard-like, you have to remember that some of us pay separate fees for our employer...
by tibbitts
Sat Apr 16, 2016 10:29 am
Forum: Investing - Theory, News & General
Topic: Everyone Worries Too Much About 'Black Swans'
Replies: 39
Views: 4204

Re: Everyone Worries Too Much About 'Black Swans'

Quark, I'm a young guy who is 100% invested in the stock market. (I'm 22 years old with a 70/80 year time horizon) & have run numerous back test's on this. In my case it is better for me to be 100% invested in the stock market & use any black swans as a opportunity to buy more stocks that a...
by tibbitts
Fri Apr 15, 2016 7:25 pm
Forum: Investing - Theory, News & General
Topic: Whats with the hedge fund hating?
Replies: 60
Views: 4666

Re: Whats with the hedge fund hating?

Some funds and managers have found the secret sauce. Some get lucky. Some let their egos in the way. Bottom line, some funds print money others do not. Find the good ones and I don't see a problem. I'd rather pay the 2/20 management fee on 20% returns than .05% on 6% or lover. I've been around the ...
by tibbitts
Mon Apr 04, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "Your 2014 1099-DIV has been amended"
Replies: 13
Views: 1889

Re: Vanguard "Your 2014 1099-DIV has been amended"

Were these errors regarding VG investments (funds, etfs) held in VG brokerage accounts, or some other types of investments?
by tibbitts
Mon Apr 04, 2016 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Couple needs some good advice from Bogleheads
Replies: 30
Views: 2943

Re: Couple needs some good advice from Bogleheads

HelmholtzMond3 wrote:I've been hesitant to invest in equities over the last couple of years given where we are in the economic cycle.

I stopped reading at that point. You have no idea where we are in terms of economic cycle. None of the rest of us do either.
by tibbitts
Sun Apr 03, 2016 4:58 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2303

Re: T. Rowe Price Active Management Betters Benchmarks

Dodge and Cox appears to be #4, is that right? I have also used them. Some time ago, I kind of settled on restricting ourselves to considering funds only from Vanguard, T. Rowe, and Dodge and Cox. We actually originally started with T. Rowe Price on our own long before my wife had the job with the ...
by tibbitts
Sun Apr 03, 2016 4:56 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2303

Re: T. Rowe Price Active Management Betters Benchmarks

My husband has a rollover IRA with T.Rowe Price and has their Capital Appreciation Fund [PRWCX], Blue Chip Growth [TRBCX] and Health Sciences [PRHSX]. They give him wonderful customer service (he is - by his own definition - a "happily clueless investor"). T.Rowe does odd things with thei...
by tibbitts
Sun Apr 03, 2016 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: I buy $275 of stock 2x / week. Is such frequent buying bad?
Replies: 18
Views: 1891

Re: I buy $275 of stock 2x / week. Is such frequent buying bad?

If after two years you sell the entire holding you have 208 separate tax lots to report on your tax return. After ten years you have 1,040 tax lots. You're creating a record keeping nightmare. Also, you're adding to the expenses of the fund for the rest of us. :( Gill Can't you just do "variou...
by tibbitts
Sun Apr 03, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: I buy $275 of stock 2x / week. Is such frequent buying bad?
Replies: 18
Views: 1891

Re: I buy $275 of stock 2x / week. Is such frequent buying bad?

On Monday and Wednesday of each week, I purchase $275 of an 80/20 Vanguard index fund (VASGX) in my taxable account (EF, IRA, 401k already maxed). Is there any downside to this frequent investment strategy vs. doing an equivalent lump sum once a month or once a year? I admit that the main reason I ...
by tibbitts
Sun Apr 03, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2303

Re: T. Rowe Price Active Management Betters Benchmarks

Dodge and Cox appears to be #4, is that right? I have also used them. Some time ago, I kind of settled on restricting ourselves to considering funds only from Vanguard, T. Rowe, and Dodge and Cox. We actually originally started with T. Rowe Price on our own long before my wife had the job with the ...
by tibbitts
Sun Apr 03, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Auto collision, best way to claim
Replies: 25
Views: 1540

Re: Auto collinsion, best way to claim

I'd be really concerned about the diminished value. No reputable car dealer will touch a car with frame damage, especially if it shows on a carfax, unless they are getting it for absolutely dirt cheap and can send it straight to the auction and turn a profit. It will end up on a "buy here pay ...
by tibbitts
Sat Apr 02, 2016 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 1978

Re: Changing careers (becoming real estate agent)

I haven't been involved in RE at all, but I have been involved in a position where you might get a handful of opportunities to make money in a year. Your scheduling is theoretically flexible, but actually not at all. Writing and music is fine but those activities will have to fit around RE. So if yo...
by tibbitts
Sat Apr 02, 2016 4:41 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 1978

Re: Changing careers (becoming real estate agent)

You have to be the one with the flexible schedule. If you're planning dinner in 20 minutes and your client calls and wants to put an offer in now, you either take care of the client and work towards that commission or you eat your dinner and put it off.....potentially leaving the client to call som...
by tibbitts
Fri Apr 01, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2998

Re: pulling the trigger

Thanks to all who replied. The one answer I sort-of expected to see, but did not, is: "If you have good companies that pay a dividend, and your yield is high because you bought them and have held them for many years, just hang on to them". While it is true that even Dow stocks could go ou...
by tibbitts
Thu Mar 31, 2016 8:26 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2303

Re: T. Rowe Price Active Management Betters Benchmarks

Interesting 20-year retrospective published here: T. Rowe Price Approach to Active Management It seems T Rowe's moderate ERs are worth it, or is there more to this? The page contains links to the highlights, and the full report. Around 2000, maybe the late 1990s, I worked for a short time where I h...
by tibbitts
Thu Mar 31, 2016 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Photography business early stage, tax and other
Replies: 16
Views: 1011

Re: Photography business early stage, tax and other

Wife loves event photography and wondering if it makes sense to start business around that. Initially there will be negligible income but majority of expenses like supplies, software , lences etc. till she establishes the business SO I have few questions around that. 1. We do married filing jointly...
by tibbitts
Sun Mar 27, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons for =>80% stocks at =>40 y/o
Replies: 56
Views: 4484

Re: Reasons for =>80% stocks at =>40 y/o

I am early 40s with about 70-75% stocks but would like to drift to about 80%. I have no debt, fairly stable career MD at 33% bracket, large emergency fund, max all tax deferred accounts, back door roths, 529s. I don't like bonds right now for their low returns. I think I have a pretty good risk tol...
by tibbitts
Sat Mar 26, 2016 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 17
Views: 2237

Re: Dividends

These should get you the most income and avoid capital loss in a "financial crisis" or at least continue income payments during such. VCIT Interm-Term Corporate Bond ETF VYM High Div Yield Index ETF VPU Utilities ETF VNQ REIT ETF An allocation to TSM or the 500 will allow qualified divide...
by tibbitts
Sat Mar 26, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How do billionaires invest?
Replies: 50
Views: 6533

Re: How do billionaires invest?

I am curious about what net worth point people should invest differently than "standard Boglehead" investing. $1Million? $5Million? $10Million $25Million? $100Million? $500Million? Sooner than later. A mindset rather than a dollar amount. Put the 5th piece in place at less that $1mil reti...
by tibbitts
Sat Mar 26, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 17
Views: 2237

Re: Dividends

I'm recently retired and have a mixed bag of ETFs; all over the board. I'm interested in concentrating more into dividend paying ETFs or mutual funds and/or go into a "lazy" portfolio of Vanguard 3 or 4 funds. Middle of the road risk level OK. Comments appreciated. You came to the wrong p...
by tibbitts
Fri Mar 25, 2016 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: When to take time off to travel
Replies: 28
Views: 2367

Re: When to take time off to travel

I decided to retire in July because that meant that the 18 months of Cobra health insurance would cover me for the rest of that year and all of the next year. It would also end in December so that I would have the open ACA enrollment period to get insurance that started that January. The end of Cob...
by tibbitts
Wed Mar 23, 2016 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Completely new to investing. I have no accounts
Replies: 26
Views: 2238

Re: How to open my first account

Give Vanguard a Call :happy https://personal.vanguard.com/us/openaccount?CompLocation=GlobalHeader&Component=OpenAccount Vanguard will not be helpful regarding a question like this unless the OP pays for advisory services. It's way beyond what the phone reps are able to deal with. They can help...

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