Search found 674 matches

by AtlasShrugged?
Tue Jun 04, 2019 6:36 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 125
Views: 9802

Re: How did you all do in the month of May, 2019

So you just shrug it off? In a word: Yes. It is one month. In looking at my portfolio, in the last 48 months, there have been 8 months with a loss (of varying degrees). And forty (yes 40) where my overall portfolio gained. Not stressing over it. To be fair though, I am in the accumulation stage. I ...
by AtlasShrugged?
Mon Jun 03, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 125
Views: 9802

Re: How did you all do in the month of May, 2019

Down 2.9%.....BFD. I just take it in stride.
by AtlasShrugged?
Tue May 14, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: When does it make sense to have an FA?
Replies: 4
Views: 425

When does it make sense to have an FA?

Bogleheads....A question for the group. When does it make sense to have a financial/investment advisor manage your investments (or a portion thereof) for you? Please assume the FA/Investment advisor is a fiduciary, and would sign an agreement to that effect. Reasons I came up with: help mitigate cog...
by AtlasShrugged?
Tue May 07, 2019 6:41 am
Forum: Investing - Theory, News & General
Topic: Equity funds for taxable accounts
Replies: 23
Views: 2824

Re: Equity funds for taxable accounts

Bogleheads....Is a target date index fund good for a taxable account? I have FXIXF (Fidelity Freedom Index fund 2030). I was going for the ultimate in simplicity, but am wondering if I hurt myself taxwise.
by AtlasShrugged?
Sat May 04, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6115

Re: How ETFs use "Heartbeats" to wash-out gains

The actionable component of this thread is thus: If you plan on holding Mutual fund shares of an index fund in a taxable brokerage account, Vanguard's structure is by far the most tax efficient in the industry. If you are willing to hold ETF shares, look at the tax efficiency of the ETFs you have a...
by AtlasShrugged?
Sat May 04, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6115

Re: How ETFs use "Heartbeats" to wash-out gains

From the May 1 article: Here’s how it works: Vanguard attaches a more tax-efficient ETF to an existing mutual fund.
This is one part I don't understand. Attach? Huh?
by AtlasShrugged?
Sat May 04, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6115

Re: How ETFs use "Heartbeats" to wash-out gains

Wait...Can a really smart Boglehead explain WTH a 'heartbeat' transaction is, so a second grader could understand it? This just seems like a financial 'sleight of hand' where value somehow just disappears. Poof! The value is gone. Wouldn't the IRS get irritated? If it is such a good thing, why doesn...
by AtlasShrugged?
Fri May 03, 2019 6:48 am
Forum: Investing - Theory, News & General
Topic: “If Some Part Of Your Portfolio Isn’t Performing Poorly, You Are Not Properly Diversified”
Replies: 34
Views: 2535

Re: “If Some Part Of Your Portfolio Isn’t Performing Poorly, You Are Not Properly Diversified”

Perhaps the concept of 'portfolio' is part of the issue here. What is your portfolio? I have two 401K plans I actively contribute to. It is a part of my portfolio. 100%, no debate. I have a Roth IRA I contribute to. It is a part of my portfolio. 100%, no debate. I have a taxable account I will short...
by AtlasShrugged?
Fri May 03, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Do You Believe 10 Years Return Data Is Just Noise?
Replies: 57
Views: 3407

Re: Do You Believe 10 Years Return Data Is Just Noise?

RandomWalker....No, 10 years of data is not simply noise, to the individual investor. Example: First 10 years of retirement, Years 1-5 have a negative real return of 3% annually, then 0% real for years 6-10. My retirement is screwed because of sequence of return risk. That ain't just noise....it is ...
by AtlasShrugged?
Sat Apr 27, 2019 7:16 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

OP here....I very much appreciate the discussion. It helps me clarify HOW to think about this issue. Now, if the current low real yields are more of a wake-up call for you to more carefully ponder about long-term risks, then I think you are onto something worth pondering about. siamond...Yes, you ha...
by AtlasShrugged?
Tue Apr 23, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

Theoretically, a long term low interest rate regime on the bond side would be (and has been) good for stocks. If you have lower expected return on the bond side, the market should gravitate toward stocks. Yes....and the double whammy is that not only are bonds returning less in real terms, the stoc...
by AtlasShrugged?
Tue Apr 23, 2019 5:47 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

The point of buying bonds isn't for their return, it's for their price stability. That is partly true; Mr. Larimore states bonds help you sleep at night. They do. My issue is this. Bonds currently return roughly 0.5% to 1% real. Historically, they have returned double that. In a 30 year retirement,...
by AtlasShrugged?
Mon Apr 22, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

Any chance of a link? I tried searching and couldn't find it. Sadly, no. But I won't forget it anytime soon. :happy To be fair, it did cause some controversy. A few Bogleheads objected to the post, so any traces of the now infamous 'Grape Brick' post on the bogleheads.org site have been removed. My...
by AtlasShrugged?
Mon Apr 22, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

Admiral....helpful link. I have seen it before. Thx for re-posting.
by AtlasShrugged?
Mon Apr 22, 2019 7:47 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

So, my advice is keep your retirement fixed income allocation in the moderate range as you near or are in retirement. Done't worry too much about fixed income yield -- more on the fixed income amount/percentage. Dandy....By all means, please tell me more. BTW, your very humorous post from some time...
by AtlasShrugged?
Sun Apr 21, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

In other words, how does the drag on total portfolio return due to lower bond yields affect SWR?
Thank you....and I am looking forward to the answers as well.
by AtlasShrugged?
Sun Apr 21, 2019 8:05 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re: Re-Examining an assumption: 45% bonds in retirement?

It's not clear how to analyze this. The drop would be an additional 10% of your portfolio (35% instead of 25%), but your portfolio would likely be larger at the start of the bear market because gliding to 70% instead of 50% gave you higher returns. This was helpful = comparison of relative drop in ...
by AtlasShrugged?
Sun Apr 21, 2019 6:55 am
Forum: Investing - Theory, News & General
Topic: The Fundamental Axioms / Laws / Principles of Investing
Replies: 30
Views: 1687

Re: The Fundamental Axioms / Laws / Principles of Investing

If you do not do anything, nothing will happen.
Everything starts there.
by AtlasShrugged?
Sun Apr 21, 2019 6:45 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11296

Re-Examining an assumption: 45% bonds in retirement?

Bogleheads....My IPS has me on a glidepath to 45% bonds (currently 21%) over the next 9 years. But I am wondering about something. The historical yield on bonds is much higher than current returns, and yields do not seem likely to approach historical levels anytime soon. I cannot predict the future,...
by AtlasShrugged?
Mon Apr 08, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1458

Re: Bengen Floor & Ceiling Withdrawal Method

That said, some of the strategies that often perform better than Bengen's Floor-to-ceiling are McClung's EM, longinvest's VPW, and just using the IRS RMD tables. You'll notice that all three of the "stronger" strategies take advantage of "how much time you've got left". The basic idea is that withd...
by AtlasShrugged?
Fri Apr 05, 2019 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)
Replies: 77
Views: 3932

Re: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)

physiorol....I do not know if you'd consider an East Coast school, but if so....take a look at Drexel University (Philadelphia). Their engineering programs are excellent, and they have paid co-ops for their students. Note: My son is a graduate of Drexel (Undergrad, and Grad). The price is pretty sti...
by AtlasShrugged?
Sat Mar 30, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 51
Views: 5961

Re: Primer on Paying Taxes With a Credit Card

whodidntante...Great post! I use my Fidelity Visa card and get 2% of my balance dumped into my Roth. And yes, I try to time the payment with a bonus offer, so that dumps even a little more into the Roth.

I've noticed that not very many people in my social circle use CCs to pay their tax debt.
by AtlasShrugged?
Sat Mar 30, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2359

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The problem with that hypothesis is that the data do not support it. Volatility in the markets has not increased as the proportion of stocks that are held in passive index funds has increased. Willthrill81....I've read your posts for some time now, and have learned a lot by reading them. Your post ...
by AtlasShrugged?
Tue Mar 26, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2359

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

Can anyone elaborate the logic behind this? I will. My thinking was this: As we have fewer and fewer active investors who are engaged in price discovery, the market reaction to what they discover will be more volatile. In today's environment, we are inundated with 'price discovery'. My supposition ...
by AtlasShrugged?
Tue Mar 26, 2019 7:06 am
Forum: Investing - Theory, News & General
Topic: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest
Replies: 22
Views: 2038

Re: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest

Hi Mr. Ferri.....Thanks for conducting these podcasts. They are informative. My question for Mr. Roth, regarding investment advice. In our lives, we subject many things to what I call the 'reasonableness test'. Meaning, does it pass our own definition of reasonable. In evaluating investment advice, ...
by AtlasShrugged?
Tue Mar 26, 2019 6:31 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2359

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The active pie is shrinking. There will be fewer of them around as this plays out. Wouldn't this shrinking of the 'active' portion of the pie lead to higher volatility? With a smaller pool of people engaging in price discovery, would it not follow that the market reaction to 'price discoveries' wil...
by AtlasShrugged?
Fri Mar 22, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 11872

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

The easiest way to save money for retirement is to own an inexpensive automobile. Mr. Larimore....Would this reasoning also extend to a house? I would think so. But want to hear what your thoughts are. Example: Buy a smallish house in a really nice neighborhood can cost big bucks. You pay for the z...
by AtlasShrugged?
Fri Mar 22, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Capitalism Vs. Socialism
Replies: 28
Views: 3373

Re: Larry Swedroe: Capitalism Vs. Socialism

I'm saying they don't seem to really know. They sure ACT like they know. But they don't really know. None of us do. It is true, HomerJ. I think even Mr. Swedroe has said as much: Our Crystal Ball is cloudy, at best . Investing is an imperfect science, despite our best efforts to make it precise. Th...
by AtlasShrugged?
Fri Mar 22, 2019 6:44 am
Forum: Investing - Theory, News & General
Topic: Finance Books sequence
Replies: 14
Views: 933

Re: Finance Books sequence

Living off your Money, Michael McClung - this would be a good addition after you read both Boglehead guides, and Swedroe's book. There is a LOT in there to digest.
by AtlasShrugged?
Mon Mar 18, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Capitalism Vs. Socialism
Replies: 28
Views: 3373

Re: Larry Swedroe: Capitalism Vs. Socialism

One other takeaway from that article (Thanks Dave!).....Better think about increasing your emerging markets allocation. That 10-year return forecast does not look especially promising for the US and Developed countries.
by AtlasShrugged?
Mon Mar 18, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Whose Plans Failed: What did (do) you do?
Replies: 11
Views: 4174

Re: Bogleheads Whose Plans Failed: What did (do) you do?

1. Got a detailed understanding of where my money was going, every dollar. 2. Got out of debt. 3. Began rolling back any expenditure I could roll back on a trial basis. 4. Took some time to think through the modified spending in terms of how each affected my level of contentment. 5. Expense reducti...
by AtlasShrugged?
Sat Mar 16, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Whose Plans Failed: What did (do) you do?
Replies: 11
Views: 4174

Bogleheads Whose Plans Failed: What did (do) you do?

Bogleheads....A different question to consider. I am interested in what Bogleheads do (did) when their plans fail. There are catastrophic events in life that just happen: medical (stroke, heart attack, cancer, etc), personal (divorce), financial (job loss, bad market return). No one is really immune...
by AtlasShrugged?
Mon Mar 11, 2019 7:38 am
Forum: Investing - Theory, News & General
Topic: Nationwide financial breakdowns - they can't happen in the US, can they?
Replies: 11
Views: 1940

Re: Nationwide financial breakdowns - they can't happen in the US, can they?

I'd be interested to know what percent of those financial collapses shown in the charts were due to natural disasters. To me, the question whether a financial breakdown happens in the US will depend on whether we are faced with an extraordinary event or a series of them: Natural disaster, Debt renun...
by AtlasShrugged?
Wed Mar 06, 2019 5:22 am
Forum: Investing - Theory, News & General
Topic: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?
Replies: 31
Views: 5117

Re: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?

I am considering transferring my Roth IRA to Fidelity, in conjunction with opening a Fidelity 2% rewards Visa card. If I get a 2% cashback bonus applied to my Roth IRA, when (if ever) is the tax paid on that cashback bonus? 41fan....I have the Fidelity Visa card and I deposit the 2% cash back into ...
by AtlasShrugged?
Fri Feb 15, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Episode 006: "Bogleheads on Investing" with guest Dan Egan
Replies: 26
Views: 3415

Re: Episode 006: "Bogleheads on Investing" with guest Dan Egan

Mr. Ferri....Thanks so much for conducting these podcasts. They have been very helpful.

Is it too forward to ask if you could interview these people for a future podcast: Javier Estrada, Larry Swedroe, Bill Bernstein, Howard Marks, Michael McClung and Harry Sit (this is user tfb for this forum)?
by AtlasShrugged?
Tue Feb 12, 2019 12:14 pm
Forum: Personal Investments
Topic: What stress test do you run on your retirement portfolio?
Replies: 39
Views: 2301

Re: What stress test do you run on your retirement portfolio?

Can my portfolio survive four (n=4) years of nursing home care at $150K annually (2 years wife, 2 years me; starting in 2033-ish), and not run out of money after 30 years with a 95% confidence interval. To me, this is the big unknown - healthcare in our golden age. The math says I cannot retire at 6...
by AtlasShrugged?
Tue Feb 12, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: How Investing Ability Changes With Age --blog post
Replies: 33
Views: 2568

Re: How Investing Ability Changes With Age --blog post

What I need is a plan for the recognition of deterioration of my cognitive skills.
This. X1000
by AtlasShrugged?
Fri Feb 08, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 5125

Re: To What Degree Does Money Buy Happiness?

I'm sorry....I am just reading these responses and shaking my head. Try being poor. I do not mean your idealized vision of what you think poor is. I mean try being poor. Then answer the question. Nisiprius' answer I thought was good, but imcomplete. There is something to be said for money helping to...
by AtlasShrugged?
Tue Feb 05, 2019 8:10 am
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to have spouse take Medicare instead of private health insurance?
Replies: 14
Views: 796

When does it make sense to have spouse take Medicare instead of private health insurance?

Bogleheads...Apologies for the lengthy topic header. Oy! I have a PPO through BigCorp. A pretty good plan. My wife is eligible for Medicare. In fact, she has medicare part A. But now with premium increases in my private insurance plan, I am wondering if it makes sense to 'drop' her into Medicare B. ...
by AtlasShrugged?
Mon Jan 28, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 114
Views: 8099

Re: What did you learn from 2018 in the markets?

In no particular order, here are some lessons I learned (or reinforced) last year. One....Stay the course [I'm looking at you, St. Jack; RIP]. Having an IPS that anticipates market events is a HUGE help. Two....You know what? Bonds are good. They were 'dry powder' for me three times in 2018. Why...?...
by AtlasShrugged?
Fri Jan 25, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: Tell me your HSA strategy/advice
Replies: 52
Views: 5295

Re: Tell me your HSA strategy/advice

Experience has been as expected. We have a $3000 deductible, so pay the first $3000 and after that we pay a portion of expenses up to a max of $5000 out of pocket. Is it fair to say that the HSA will probably not be a good savings vehicle for someone in my circumstance? I simply cannot pay 7K out o...
by AtlasShrugged?
Fri Jan 25, 2019 7:48 am
Forum: Investing - Theory, News & General
Topic: Tell me your HSA strategy/advice
Replies: 52
Views: 5295

Re: Tell me your HSA strategy/advice

Bogleheads....here are a couple of questions. Background: I was informed by a colleague in BigCorp HR that BigCorp would be dropping our traditional plans and only offering an HDHP + HSA for the next benefit year (2020). So I have a little time to figure out how to do this right. Some facts to consi...
by AtlasShrugged?
Fri Jan 25, 2019 7:29 am
Forum: Personal Consumer Issues
Topic: Is Acela (Amtrak) service worth it?
Replies: 42
Views: 3513

Re: Is Acela (Amtrak) service worth it?

catdude....You asked:
In your opinion, is Acela worth the premium?
Answer: No
by AtlasShrugged?
Mon Jan 21, 2019 10:31 am
Forum: Personal Investments
Topic: Fidelity Freedom 2030 Index Fund -or- Fidelity ZERO funds?
Replies: 1
Views: 219

Fidelity Freedom 2030 Index Fund -or- Fidelity ZERO funds?

Bogleheads....I am in the process of setting up a taxable account. I have transferred some old stock from Computershare to Fidelity. The amount is not that great, we are talking about 3.5K to 4K. But I will add to it over time. The question is which Fidelity fund(s) to get. I have narrowed down the ...
by AtlasShrugged?
Mon Jan 21, 2019 10:20 am
Forum: Personal Investments
Topic: Emergency Savings
Replies: 24
Views: 2202

Re: Emergency Savings

That might depend on your definition of emergency, and liquidity. If you do not care about return, a safe works! I keep 1-2 months of expenses in cash in my safe at all times. Yes....I am a good shot, too. CDs are FDIC insured, and rates are improving. For myself, I am looking at Brokered CDs at Fid...
by AtlasShrugged?
Thu Jan 17, 2019 7:26 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 51560

Re: John Bogle has died at age 89

Baruch Dayan Emet.....May his name and memory be as a blessing
by AtlasShrugged?
Wed Jan 09, 2019 8:42 pm
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 137
Views: 21000

Re: Best town I've never heard of [for relocating]

Moorestown, NJ - Money Magazine Best Town in America for 2005.
by AtlasShrugged?
Mon Jan 07, 2019 9:36 am
Forum: Investing - Theory, News & General
Topic: 401k Wiki suggestion [Rating your 401k expense ratio]
Replies: 10
Views: 597

Re: 401k Wiki suggestion [Rating your 401k expense ratio]

mhalley....How did you arrive at your cut-offs? The cut-offs 'feel right' but what is the math you did to determine them? Can you post that?

I am asking because my P/T employer just imposed quarterly fees on every 401K account (comes to 43 bucks a year). That annoyed me greatly.
by AtlasShrugged?
Mon Jan 07, 2019 9:32 am
Forum: Investing - Theory, News & General
Topic: Co-ordinating 401K Plans: Any special tricks?
Replies: 2
Views: 194

Co-ordinating 401K Plans: Any special tricks?

Bogleheads....A couple of questions regarding coordinating 401K plans with different employers. I have a 401K with my primary employer, BigCorp. I also have a P/T job with GiantCorp, and they have a 401K plan as well. Last year, I maxed out the 401K with my primary employer - Yay me. I stopped the 4...
by AtlasShrugged?
Sun Jan 06, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 15154

Re: Retirement itch- when did you get it?

Great thread. I just started seriously getting the 'itch' at 52. The soonest I could possibly retire (barring hitting the lottery) is age 62, so I am at least 10 years out. Looking back, I think the itch got started from two things: A serious health event (2010), and a free financial evaluation from...