Search found 603 matches

by AtlasShrugged?
Mon Nov 05, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Collateralized Loan Obligations
Replies: 11
Views: 821

Re: Collateralized Loan Obligations

A new and increasingly popular Wall Street invention. They'll hold up until we hit a recession but what happens then? Hope it doesn't turn out like like CDOs did.
Garland....Pretty confident it will have the same ending as CDOs. Are they really all that different (CDO vs CLO)? Not to me.
by AtlasShrugged?
Mon Nov 05, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: How to know if you’re “On Track”?
Replies: 13
Views: 2092

Re: How to know if you’re “On Track”?

Easy answer: Funded ratio.

Bobkat2 has discussed the funded ratio in numerous posts. Sure made a lot of sense to me as a way to measure my readiness.
by AtlasShrugged?
Sun Nov 04, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 47
Views: 3443

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

Wow. We don’t spend $25K on all of our cards combined.Almost. I used to use this card for nearly everything, but then 3% 2% on groceries and 4% on dining out came along (Capital One Savor) + 5% on Amazon (Chase). linenfort....Yeah, we had some big expenses (planned) for the year. We had the cash, b...
by AtlasShrugged?
Sat Nov 03, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 66
Views: 4833

Re: Engineering school

VINNY....If you decide to expand the geography, then I have a recommendation for you: Drexel University . My eldest went to Drexel and I have to say: it was excellent. He had a combined BS/MS 5-year program in Biomedical engineering, and the real important thing here is that he had three (yes 3) pai...
by AtlasShrugged?
Sat Nov 03, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How to evaluate moving spouse to medicare, versus staying on private plan
Replies: 4
Views: 290

How to evaluate moving spouse to medicare, versus staying on private plan

Bogleheads...As an employee of BigCorp, I have employer provided medical insurance. My DW is on my plan. She is now eligible for medicare. The question is: How do we go about evaluating whether it is financially better for us to drop my DW from my employer-provided insurance and move her to Medicare...
by AtlasShrugged?
Sat Nov 03, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 47
Views: 3443

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

I dump the entire 2% into my Roth IRA. It comes to roughly $500/annually. Pretty good deal.
by AtlasShrugged?
Fri Nov 02, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: Washing machine/dryer shopping
Replies: 38
Views: 2836

Re: Washing machine/dryer shopping

Buy new.
Speed Queen rocks!
by AtlasShrugged?
Thu Nov 01, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: The most you ever paid for a prescription
Replies: 80
Views: 3525

Re: The most you ever paid for a prescription

I don't consider a company that charges $100 for a 50 count box of insulin test strips to be "an awesome company who really does look out for patient interests".
sawhorse...as an aside...Abbott Laboratories and Abb Vie are not the same company. They split years ago.
by AtlasShrugged?
Wed Oct 31, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: The most you ever paid for a prescription
Replies: 80
Views: 3525

Re: The most you ever paid for a prescription

As with so many heavily advertised (to the public) - prescription drugs - I see TV commercials for this all the time. Glad it worked out for you - medically and financially. dm200....Yeah, I do not have a TV, but when I am exposed to a TV, I see the ads too. Boy has TV changed in the last 25-30 yea...
by AtlasShrugged?
Wed Oct 31, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: The most you ever paid for a prescription
Replies: 80
Views: 3525

Re: The most you ever paid for a prescription

I had to laugh....For Humira, the 'off the shelf' price is $1,250 per injection, with two monthly injections needed. If we are talking Remicade, we are talking infusion, and 8,000 to 10,000 every six to eight weeks is not unusual. Here is the 'laugh' part. Thanks to Abb Vie (really, they are an awes...
by AtlasShrugged?
Wed Oct 31, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 15508

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

...the only thing keeping me from moving there is the fact that anything Cannabis is illegal not saying I smoke but I would like to open a CBD business not THC, where TX is legal.
To each his/her own, I guess. Cannabis and CBD was not a part of the original post.

Good luck.
by AtlasShrugged?
Wed Oct 31, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Ignore Politics In Investing
Replies: 7
Views: 846

Re: Larry Swedroe: Ignore Politics In Investing

Kudos to Larry for writing this timely article.

Frankly, we could drop 'In Investing' from the title and follow the remaining advice. :wink:
by AtlasShrugged?
Sat Oct 27, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Whats with all the FUD here? [market volatility]
Replies: 42
Views: 4258

Re: Whats with all the FUD here? [market volatility]

Do you mean the time to rebalance is with smaller drops than with increases? No. In each case, I rebalanced back to my desired allocation (54/25/21 US/Intl/Bond). That meant selling my bond fund shares to purchase equity shares. Would it work in the reverse? Yes. That being said, not really seeing ...
by AtlasShrugged?
Sat Oct 27, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Whats with all the FUD here? [market volatility]
Replies: 42
Views: 4258

Re: Whats with all the FUD here? [market volatility]

FWIW, I followed Livesoft's Law: On the RBDs, I rebalanced to maintain my allocation (-2%+ movement = RBD). Rebalanced twice. [I don't really know if that is Livesoft's Law, but he infrequently speaks of RBDs and what he does - so I thought of him when we had the RBDs and merrily rebalanced] Aren't ...
by AtlasShrugged?
Tue Oct 23, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: How do you evaluate HDHPs?
Replies: 17
Views: 1275

Re: How do you evaluate HDHPs?

We did a financial evaluation, with the help of some posters here. It would behoove you to post the specifics here, and there are some really bright people who would respond. What specifics need to be posted. I gather you'd need the following: Annual premium cost Employer contribution toward HSA OO...
by AtlasShrugged?
Tue Oct 23, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: How do you evaluate HDHPs?
Replies: 17
Views: 1275

How do you evaluate HDHPs?

Bogleheads....That time is almost upon us. Yes, November and choosing employer health coverage. I have a traditional PPO (Empire BCBS) and I max out an FSA, but am eyeing the HDHP options that we have. The problem is that I am stuck. How do I evaluate whether moving to an HDHP is the right move? Bec...
by AtlasShrugged?
Sun Oct 21, 2018 4:58 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3541

Kitces link: The Spectrum of Financial Dependence and Independence

Bogleheads...I make it a point to see weekend reading from Kitces. The linked article here provoked some thought. https://www.collaborativefund.com/blog/the-spectrum-of-financial-dependence-and-independence/ Personally, I cannot wait to get to level 15. :wink: The article articulates 17 distinct lev...
by AtlasShrugged?
Sun Oct 21, 2018 4:48 am
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 33
Views: 2029

Re: Finally ready to start investing in RothIRA (23yrs old)

ynotyese.7....My advice, simplify. At age 23, you have time. Lots of it. Dump everything into FSTVX. Don't worry about bonds/Intl for a couple years. Just make that initial investment, and try to get into the habit of contributing regularly - inculcate that behavior/habit. Fidelity customer service ...
by AtlasShrugged?
Fri Oct 19, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7002

Re: 2019 401(k) Contribution Limit

GetMe...The announcement is coming soon, but you can reasonably bank on this.

401K: 19K regular contribution + 6K catchup = 25K total
Roth IRA: 6K regular contribution + 1K catchup = 7K total

The CPI calculation pushed the limits upward.
by AtlasShrugged?
Sat Oct 13, 2018 7:08 am
Forum: Investing - Theory, News & General
Topic: Psychological vs. Real Risk
Replies: 21
Views: 1563

Re: Psychological vs. Real Risk

I don't think you can eliminate psychological intolerance but you can acknowledge it and hopefully let it pass. I can't think of anyone who wasn't psychologically spooked in late 2008; the best anyone could have hoped for was white-knuckling it through the whole process. I'm going to guess that the...
by AtlasShrugged?
Sat Oct 13, 2018 6:55 am
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6629

Re: Market decline in 2019 ?

I have never seen a bull market so unloved by it's participants. /SMH If you don't have a written IPS, write one. Then follow it. No one can predict the future, and no one can control the market. But what you can do is control yourself. An IPS will go a long way toward doing just that. Real life exa...
by AtlasShrugged?
Sat Oct 13, 2018 6:44 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 19460

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

A bullet-proof 'safe' (whatever that means) withdrawal rate can only be known retrospectively. As Larry Swedroe points out, "Our crystal balls are cloudy, at best". My best guess is that a 4.5% rate, coupled with some spending rules, will turn out to be just fine. Why 4.5%? Well, Bill Bengen did a r...
by AtlasShrugged?
Fri Oct 12, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 15508

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

nkotbbh....Hands down: Greensboro, NC. Access to airport, climate, college town, relatively low cost of living. The children will thrive in Greensboro.
by AtlasShrugged?
Fri Oct 12, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Which one: Lyft or Uber?
Replies: 57
Views: 4239

Re: Which one: Lyft or Uber?

Lyft.

It is not even close. Drivers get better pay from Lyft (I have asked drivers many times). Easy to tip via credit card. No hassle.

Uber....you just never know what you get. Kind of like that box of chocolates. :happy
by AtlasShrugged?
Fri Oct 12, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Recommendation for an ergonomic chair (staples)
Replies: 17
Views: 900

Re: Recommendation for an ergonomic chair (staples)

am....You want a Hyken chair. Hands down, it is the best seller in Staples. That is not an accident.

Failing that, the Tempur-pedics are pretty good. The 7000 model is quite good.
by AtlasShrugged?
Fri Oct 12, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success
Replies: 19
Views: 1800

Re: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success

Did my probability of retirement success really drop 3% between Tuesday and this morning? That sounds too high, and makes me wonder if the retirement calculator is too sensitive. Wyoming....the answer is no, and no. You can relax now. The difference in probability here is meaningless, IMHO. What is...
by AtlasShrugged?
Mon Oct 08, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11731

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

My thinking is at 15 years out I’d just hold steady, at 10 years start thinking but likely hold steady or just tweak a bit because you’ve learned a bit more about yourself or about investing, but by 5 years should be much clearer on realistic goals, what’s important and what’s not important, and ta...
by AtlasShrugged?
Mon Oct 08, 2018 7:11 am
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 48
Views: 4815

Re: "Retirement age uncertainty increases the savings needed for success"

Even though retirement was voluntary, most of the participants retired in response to health issues, challenges in their workplace, or the need for family caregiving. This does not sound voluntary to me: health issues, workplace challenges [e.g. you are over 50 and have a target on your back], or c...
by AtlasShrugged?
Sun Oct 07, 2018 6:24 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11731

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

I have a hard time understanding this concept: sell to the sleeping point. I am not sure what that actually means. It seems to me that in a recession/crisis, the correlation of stocks and bonds moves to '1', and both tank. Did people with a 50% allocation to bonds really sleep all that much better t...
by AtlasShrugged?
Sun Oct 07, 2018 6:10 am
Forum: Investing - Theory, News & General
Topic: SimpleGift, Siamond: With slowly rising rates, what has happened historically? And an inflation observation!
Replies: 3
Views: 523

SimpleGift, Siamond: With slowly rising rates, what has happened historically? And an inflation observation!

Bogleheads.....I offer this perspective on inflation as a 'data point of one'. In addition to my full-time job with BigCorp, I have a part-time job with MegaCorp, a very large office supply chain. I work in merchandising. For 3 of the last 4 weeks, I have been doing hundreds of price changes, all of...
by AtlasShrugged?
Sat Oct 06, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4457

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

What's important for future generations to remember is the information associated with you, not your actual remains. Yes....and no. Caduceus, I thought you had some very nice ideas, and I will definitely do one (self-publish a book for my sons) and look into the other (preservation of DNA). I had n...
by AtlasShrugged?
Sat Oct 06, 2018 6:31 am
Forum: Personal Consumer Issues
Topic: NJ Homeowners Insurance: Any advice?
Replies: 12
Views: 1659

Re: NJ Homeowners Insurance: Any advice?

My wife and I are purchasing a home and are starting our search for homeowners insurance with this post. After this, I will jump into the world of Google, but first I wanted to see if anyone has some general advice? PlayingLife....I strongly recommend going through AAA-MidAtlantic for automotive AN...
by AtlasShrugged?
Tue Oct 02, 2018 7:41 am
Forum: Investing - Theory, News & General
Topic: Why won't the US markets average 0-2% (or 10-20%) real returns for a few decades?
Replies: 20
Views: 2830

Re: Why won't the US markets average 0-2% (or 10-20%) real returns for a few decades?

Ron....If I had to guess , I would say these two things: One, bad government regulatory policy. Two, the debt level we currently have is an insidious drag on growth. I cannot predict the markets, nor war, nor extraordinary circumstances. But I can reliably predict with a fairly high degree of certai...
by AtlasShrugged?
Tue Oct 02, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4457

My Experience in Buying a Burial Plot: The cost (in NJ)

Bogleheads....I thought I would pass along my recent experiences in buying a burial plot, funeral insurance, and how financing worked (for us). Let me just say, dying can get very, very expen$ive. My DW and I have elected to be cremated. So let's talk about cost here, and the astuteness of purchasin...
by AtlasShrugged?
Fri Sep 28, 2018 6:12 am
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10798

Re: SEC charges Musk with Fraud!!!

One takeaway I had....Avoid stocks where the CEO is a prolific social media user. This aspect really has not been commented upon. Guess what? Social media posts can and will be used in a court of law. I sometimes wonder if people actually get that or not. In Mr. Musk's case, evidently not. I might a...
by AtlasShrugged?
Sat Sep 22, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Fidelity Roth IRA
Replies: 14
Views: 1244

Re: Starting Fidelity Roth IRA

aker....I have my Roth at Fidelity. The website is extremely friendly, easy to use, and the customer service is outstanding.

Three fund portfolio. Equal proportions of FSTVX, FTIPX, and FSITX. And you are done.
by AtlasShrugged?
Fri Sep 14, 2018 6:30 am
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 5109

Re: Lessons from the financial crisis (Pisani, CNBC)

The effect on the real economy and ordinary lives of a global bank run is not imaginable. Valuethinker....Thanks for the thoughtful reply. Much grist for the intellectual mill in your response. Perhaps the time period immediately after WW1 is instructive here (1920-21). What we did there (or more p...
by AtlasShrugged?
Sat Sep 08, 2018 6:22 am
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 5109

Re: Lessons from the financial crisis (Pisani, CNBC)

In retrospect, I sometimes wonder if the better move back in 2007-08 was to do nothing at all. Meaning, no bailouts, and having the market deal with companies that failed without intervention. I am not as certain as the author appears to be that Keynesian economic theory and policies saved the day, ...
by AtlasShrugged?
Mon Sep 03, 2018 6:26 am
Forum: Investing - Theory, News & General
Topic: Retirees who went before me: Does a glidepath really work
Replies: 24
Views: 3227

Retirees who went before me: Does a glidepath really work

Bogleheads...In my IPS, I have started on a glidepath to increase bonds from 21% of my portfolio to 45% of my portfolio in the next 10 years. This will be done in ~3% increments annually, with rebalancing happening 1X annually in April. I am maxing out my 401K and Roth (finally!!!!) and will use con...
by AtlasShrugged?
Fri Aug 31, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105728

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

And that's your argument for Frontier Markets. These countries are young, and they will be an increasing proportion of the human race in the future. Valuethinker....I think you took one sentence, applied it too broadly, and misrepresented the thrust of my thoughts. Let me see if I can course correc...
by AtlasShrugged?
Fri Aug 31, 2018 6:02 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105728

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Ok, I know... for some this is the exact reason we might be tempted to re-balance and dump more into International. I get that! People said that 5 years ago, they said it three years ago.... and I think they will be saying it again ten years from now. I know it's foolish to chase performance in the...
by AtlasShrugged?
Thu Aug 30, 2018 6:28 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 196
Views: 36512

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

One of the biggest advantages I see is in reducing cash flow needs in retirement, especially early retirement. This can lower your "number" significantly. This ^ X1000. After many years, I am now maxing out my 401K and Roth. I've been thinking about trying to pay off the mortgage for precisely this...
by AtlasShrugged?
Sat Aug 25, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13820

Re: 2000-2018 retirement - sequence of returns

HomerJ....Nifty piece of work. I have a suggestion. One scenario you modeled had a cut of withdrawal rate from 4% to 3% for a period of time (4 years). I believe there is a less painful way to achieve close to the same result. You're assuming an inflation adjusted withdrawal, which is fine. Here is ...
by AtlasShrugged?
Fri Aug 17, 2018 6:45 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 63
Views: 5691

Re: Bullish/bearish on GE? Make your case here - new lows today

Wow....a lot of bears on GE. Time for a contrarian, or bullish view. I posted on this question some time ago. My wife recently purchased a block of shares, and then a second block earlier this year in her Roth. I asked her about it. She said (I paraphrase): This is GE. They have been a component of ...
by AtlasShrugged?
Sun Aug 12, 2018 5:46 am
Forum: Investing - Theory, News & General
Topic: Simple Retirement Model of Withdraw Rate, Return Sequence, & Asset Allocation
Replies: 5
Views: 1593

Re: Simple Retirement Model of Withdraw Rate, Return Sequence, & Asset Allocation

#Cruncher....This spreadsheet was very helpful. I especially like the flexibility. I changed up some stock allocation assumptions, and then compared to what is in my IPS.

I use a number of the tools you created. Keep them coming. And thank you!

Atlas
by AtlasShrugged?
Fri Jul 27, 2018 5:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs Fidelity representatives
Replies: 15
Views: 2154

Re: Vanguard vs Fidelity representatives

I am a Fidelity customer. I will say that whenever I have called Fidelity, I have received stellar customer service. In terms of plain vanilla index funds, I really don't think there is much of a difference now between VG, Fidelity or Blackrock. The ERs are more or less the same, the turnover rates ...
by AtlasShrugged?
Fri Jul 27, 2018 5:50 am
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6499

Re: Hold one stock 25 years

I saw an interesting video where Josh Brown and Michael Batnick were asked to pick one stock to hold for 25 years. reformed.trader...Here is a real world example for you to consider. I was born in 1966. The week I was born, my mother (long departed now) bought a single share of T. Yes, just one sha...
by AtlasShrugged?
Thu Jul 12, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 366
Views: 19811

Re: COMING SOON: BOGLEHEADS PODCASTS

My entry: Boglehead Basics
by AtlasShrugged?
Wed Jul 11, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: Bucket Portfolio article by Christine Benz
Replies: 85
Views: 7165

Re: Bucket Portfolio article by Christine Benz

The overriding point is that there have been several times when the US stock market has had negative real returns over extended periods. Bobcat2....Let me start by saying you have greatly aided my learning over time. Your posts on Funding ratio have greatly influenced how I look at my retirement re...