Search found 80 matches

by OffGridder
Thu May 21, 2020 10:00 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4088

Re: what to do about 1000s of dandelions/weeds?

Dandelions sell for $4 per small bunch at our local farmers market. Of course those are organic. Not an option if you have already sprayed them.
by OffGridder
Wed May 06, 2020 3:17 pm
Forum: Personal Investments
Topic: Retirement Withdrawal via stocks, bonds?
Replies: 7
Views: 448

Re: Retirement Withdrawal via stocks, bonds?

We are a retired couple (for 1.5 years,) 60 & 62 and have a managed portfolio through Vanguard where we are withdrawing 6500.00 monthly. Our QUESTION: Is there any reason, during these unstable times, that we should be taking money from our stocks. Shouldn't we just take money from our bonds? From ...
by OffGridder
Wed May 06, 2020 1:58 pm
Forum: Personal Consumer Issues
Topic: RV vacations for Post Coronavirus Traveling?
Replies: 16
Views: 1321

Re: RV vacations for Post Coronavirus Traveling?

A friend of mine is an executive at one of the largest RV dealerships in the PNW. He says sales are down 90%. That is both new and used.
by OffGridder
Tue May 05, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from High taxed state to no income tax state
Replies: 44
Views: 3108

Re: Moving from High taxed state to no income tax state

There are far more important things than the taxes charged in determining where to live. Proximity to family, weather, traffic, culture, as-mentioned employment, COL, etc. Far, far too much consideration is given to this one. Sure it can be a factor, but it appears it's too great a factor here. +1 ...
by OffGridder
Tue May 05, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: [thinking about buying a house in LA, wait for RE crash?]
Replies: 56
Views: 3317

Re: do you expect there to be a housing market crash? If so, when?

Stay on course to purchase a house in the next few months, if you like the area and neighborhood you are targeting, plan to live there at least 5 - 10 years and you believe your employment situation is going to remain stable for the foreseeable future.
by OffGridder
Tue May 05, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: Share your Re-Balancing Strategy
Replies: 25
Views: 1681

Re: Share your Re-Balancing Strategy

I always thought of myself as a typical boglehead, but in this case I guess I'm wrong. Let me offer a countercultural view. My re-balancing strategy: I don't. I'm retired and started out 60/40 equities/bonds but with the long run up in stocks I'm now closer to 70/30. Note that my bond portfolio is ...
by OffGridder
Sat May 02, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5340

Re: Do you keep moving your cash around chasing yield?

No, I do not. My local credit union currently pays 2% on the first 15K. The rest of my cash is at Ally currently paying 1.5%, sure to drop soon. If you hold a lot of cash, I guess it might be worth chasing bonuses and higher interest rates.
by OffGridder
Wed Apr 29, 2020 9:40 pm
Forum: Investing - Theory, News & General
Topic: Time to rebalance by selling stocks?
Replies: 24
Views: 1999

Re: Time to rebalance by selling stocks?

If the Total Stock Market Index increases another 1%, my upper band will be breached and I will sell back to my target asset allocation. That is what my IPS says I am supposed to do, so that is what I am going to do.
by OffGridder
Wed Apr 29, 2020 9:23 pm
Forum: Personal Investments
Topic: Recent Retiree using rising equity glide path - only increase equity during crashes?
Replies: 41
Views: 2256

Re: Recent Retiree using rising equity glide path - only increase equity during crashes?

I am using a limited rising glide path to fund the delay of Social Security to age 70. I am currently age 63, so 7 years to go. My target asset allocation is 50/50 for life. I carved out the amount of social security I expect to receive at age 70 and added it to my bond allocation. That puts me at a...
by OffGridder
Sat Apr 18, 2020 2:27 pm
Forum: Personal Investments
Topic: Is it time for me to rebalance?
Replies: 41
Views: 2304

Re: Is it time for me to rebalance?

And here's another idea: Don't ever rebalance by exchanging from stock to bond funds or vice versa until one needs to move at least 10% (or 15% or 20%) of total portfolio value in the exchange to get back into balance. Just keep on directing new contributions or dividends to the underweighted asset...
by OffGridder
Tue Apr 14, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Raised Garden Beds - Building Material
Replies: 40
Views: 1941

Re: Raised Garden Beds - Building Material

What are you guys considering expensive? In my area, you can build a 4' x 8' raised bed out of cedar 2" x 8" boards for <$200. I built mine 5 years ago and I expect at least another 5 years out of them. Just added two 6x4 raised beds to our garden this week. Used 2x12 Douglas fir for sides, 4x4 Dou...
by OffGridder
Sat Apr 11, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-5: Retiree Portfolio ala David Swensen
Replies: 60
Views: 3023

Re: Grok's LMP-5: Retiree Portfolio ala David Swensen

Grok's LMP-5: Retiree Portfolio ala David Swensen So here is an alternative, based on ideas presented in David Swensen’s book Unconventional Success. As many will recall, for those with a long term investment horizon (10+ years) David Swensen advocates the following LT-portfolio: 30% US Stocks 15% ...
by OffGridder
Sat Apr 11, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-5: Retiree Portfolio ala David Swensen
Replies: 60
Views: 3023

Re: Grok's LMP-5: Retiree Portfolio ala David Swensen

Grok's LMP-5: Retiree Portfolio ala David Swensen So here is an alternative, based on ideas presented in David Swensen’s book Unconventional Success. As many will recall, for those with a long term investment horizon (10+ years) David Swensen advocates the following LT-portfolio: 30% US Stocks 15% ...
by OffGridder
Fri Apr 10, 2020 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: New to Seattle area - where to buy a house
Replies: 28
Views: 2274

Re: New to Seattle area - where to buy a house

If you know your kids are going to go to Lakeside HS, or that is not something you can flex on, then you should check with the school district to define the high school attendance boundaries and just focus on those neighborhoods. I lived in Issaquah 25 years ago and loved it. Not now though. It has ...
by OffGridder
Wed Apr 01, 2020 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market Response in this environment?
Replies: 57
Views: 7314

Re: Housing Market Response in this environment?

I think there will be a paradigm shift over the long term. Folks will want to have a place outside of crowded cities and perhaps outside of suburbs. They may still rent in the cities, but rural places near big metropolitan areas will start to become a thing. Of course, there is already some pushbac...
by OffGridder
Tue Mar 31, 2020 1:03 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21020

Re: Are you still going to the grocery store or using a delivery service? Which?

WaPo headline today: "CDC considering recommending general public wear face coverings in public" "Officials at the Centers for Disease Control and Prevention are considering altering the official guidance to encourage people to take measures to cover their faces amid the coronavirus pandemic, The W...
by OffGridder
Mon Mar 30, 2020 7:32 pm
Forum: Personal Consumer Issues
Topic: I think I may Cut the Cord - help me with phone
Replies: 16
Views: 966

Re: I think I may Cut the Cord - help me with phone

We have Comcast/Infinity internet and phone. Current cost is $85 per month. I would save $20 if we cancelled the phone. Don't know any cell phone plans that would cover both my wife and I for $20 per month. We both use TracFone for cell service at a cost of about $5 per month for the limited amount ...
by OffGridder
Sun Mar 29, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21020

Re: Are you still going to the grocery store or using a delivery service? Which?

I did our weekly fresh greens, fruit, eggs and dairy run on Friday at 7AM. Not crowded. Well stocked for the things I get. Did check the cleaning and paper products aisle out of curiosity (we have plenty). Those shelves we're empty. People around here are still friendly. Always a wave and hello, eve...
by OffGridder
Sat Mar 28, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: Why use percentage AA with significant assets?
Replies: 109
Views: 5270

Re: Money we cannot afford to lose should be in safe fixed-income securities

Would you consider Dr. Bill Bernstein's Liability Matching / Risk Portfolio where you set aside 25 years of expenses in fixed income and the balance in a risk portfolio consistent with your approach to asset allocation? Thanks,. Dave Dave: I would strongly consider anything Bill Bernstein wrote. Ho...
by OffGridder
Sat Mar 28, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: Why use percentage AA with significant assets?
Replies: 109
Views: 5270

Re: Money we cannot afford to lose should be in safe fixed-income securities

Would you consider Dr. Bill Bernstein's Liability Matching / Risk Portfolio where you set aside 25 years of expenses in fixed income and the balance in a risk portfolio consistent with your approach to asset allocation? Thanks,. Dave Dave: I would strongly consider anything Bill Bernstein wrote. Ho...
by OffGridder
Sat Mar 28, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: Why use percentage AA with significant assets?
Replies: 109
Views: 5270

Re: Money we cannot afford to lose should be in safe fixed-income securities

Why do investors with significant assets continue to use percentage based asset allocation? Wouldn't you want to start measuring risk in dollar terms or have a minimum amount of fixed measured in years of expenses? The TimeLord: I have long suggested that our asset-allocation should be in dollars: ...
by OffGridder
Tue Mar 17, 2020 10:08 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190910

Re: Optimism amongst the panic and worry

To the extent that countries like China and SK are seeing a “leveling off”, this can only be sustained with continued draconian measures on a global scale. And such measures / restrictions will continue to tank global economic conditions and markets. “Flattening the curve” doesn’t bring the number ...
by OffGridder
Fri Mar 13, 2020 10:52 am
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12397

Re: Are you still going to the gym ...

I am age 62 with underlying condition. I just put my gym membership on hold until the end of April. I normally workout 5x per week primarily the stair climber and Peleton bike. Also weights and resistance 3x per week. The 20 minutes in the jacuzzi and sauna at the end my workout was a nice perk. It ...
by OffGridder
Thu Feb 27, 2020 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with Ally - looking for advice
Replies: 5
Views: 842

Re: Issue with Ally - looking for advice

My spouse and I have maintained a joint savings account with Ally for many years. I make monthly transfers to my local credit union checking account which is in my name only. Never had a problem.
by OffGridder
Thu Feb 20, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: HSA Withdrawal vs Sell Equities at 0% Cap Gains for Medical Expenses in Retirement
Replies: 6
Views: 321

HSA Withdrawal vs Sell Equities at 0% Cap Gains for Medical Expenses in Retirement

Once you are over 65 and in retirement, which of the following would be preferable for paying medical expenses including MediCare premiums? 1) Withdraw tax free from your HSA 2) Let HSA continue grow tax free by selling equities to extent this can be done within the 0% capital gains rate The potenti...
by OffGridder
Wed Feb 19, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: Taylor Larimore Simple Asset Allocation & Rebalancing
Replies: 6
Views: 1349

Taylor Larimore Simple Asset Allocation & Rebalancing

Taylor Larimore frequently posts that he has a rather simple Asset Allocation. To quote Taylor: What I cannot afford to lose is in Vanguard Total Bond Market -- the rest is in Vanguard S&P 500 stock index fund If you were to follow Taylor's guideline when deciding on your asset allocation, wouldn't ...
by OffGridder
Wed Feb 19, 2020 2:15 pm
Forum: Investing - Theory, News & General
Topic: Would you ever hold enough Fixed Income to cover you until a certain age?
Replies: 55
Views: 3165

Re: Would you ever hold enough Fixed Income to cover you until a certain age?

Yes. Was --cover until age 90 before age 70 (now 72). Need changed when I collect SS at age 70. Currently, now cover my wife's needs should I pass before her --to age 90. She will lose half my pension, her Social Security (mine is higher) and will be filing single vs joint. I use FDIC products, sho...
by OffGridder
Sat Feb 08, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: HSA: How much in your account is enough
Replies: 9
Views: 1477

Re: HSA: How much in your account is enough

Living on the HSA funds backed up by your receipts while doing Roth conversions early in retirement might work out quite well. We are in retirement and making Roth conversions up to the top of the 12% bracket. We use funds from our taxable account at the zero percent capital gains rate to pay for m...
by OffGridder
Tue Dec 10, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: The Three-Fund Portfolio

Hi Gary, Two things here i learned , money is fungible and its all 1 account meaning think of your IRA and taxable accounts as sub-accounts under your 1 main account. So say you have stocks in your IRA and were forced to liquidate 100k in stocks due to an RMD but you really want to keep your asset ...
by OffGridder
Sun Oct 13, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Updated longevity calculator - from the actuaries
Replies: 21
Views: 2699

Re: Updated longevity calculator - from the actuaries

In the search for certainty, it is easy to pay too much attention to averages and not enough to dispersion. Alas ( or perhaps fortunately ????) you do not know when you will die, and all of the longevity calculators are giving you relatively small differences in averages, which are on top of relati...
by OffGridder
Mon Aug 26, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: Portfolio Withdrawals

In 1980, at about age 80 , we purchased the two single-premium lifetime annuities (SPIAs) guaranteeing a lifetime income. Wow Taylor, you have lead a blessed life. I can only hope to live 120 years 😁 and look as young and be as articulate a you. Thanks for everything you do Best Regards, Dave [ quo...
by OffGridder
Mon Aug 26, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: Managing a portfolio

.... Even if you include moving money around a person might spend under an hour a year managing investments. I don't think I have bought or sold to rebalance in years. .... dbr, Thank you for your feedback. Is your IRA/401K your only account or do you maintain the same asset allocation in each of y...
by OffGridder
Mon Aug 26, 2019 12:28 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: Managing a portfolio

Hi Taylor, I know simplicity is the key attribute of the 3 Fund Portfolio. I have read that you do not spend more than an hour per year managing your portfolio. Does that mean you only make one annual lump sum withdrawal to cover the next year's estimated expenses rather then withdrawing incrementa...
by OffGridder
Sun Aug 25, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: The Three-Fund Portfolio

One option is to run all transactions through a money market account including having dividends credited there. Thank you for your reply. Yes, that is what I do. Monthly withdrawals from the MM to checking to pay expenses. I replenish the MM once per year in December by withdrawing from my 3 fund p...
by OffGridder
Sun Aug 25, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: The Three-Fund Portfolio

Hi Taylor, I know simplicity is the key attribute of the 3 Fund Portfolio. I have read that you do not spend more than an hour per year managing your portfolio. Does that mean you only make one annual lump sum withdrawal to cover the next year's estimated expenses rather then withdrawing incremental...
by OffGridder
Mon Jun 24, 2019 10:03 pm
Forum: Personal Investments
Topic: Why does AA matter as long as I stick to it?
Replies: 26
Views: 3013

Re: Why does AA matter as long as I stick to it?

Personally, I put savings that I cannot afford to lose in Vanguard Total Bond Market Index Fund. The rest is in a broad stock market index fund. Best wishes Taylor Taylor, I have seen a number of posts by you stating that your AA is based the above quote. I believe you have also advocated rebalanci...
by OffGridder
Sat Mar 30, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: I have a car problem - $100K+ Cars
Replies: 48
Views: 7285

Re: I have a car problem - $100K+ Cars

So with that said, do the majority of you just buy cash or use a loan to keep the cash liquid in case something comes up. What are your fun cars? I could pay cash, but I have gotten 0% loans for the last 3 car purchases. But aren't those 0% loans subsidized by a higher purchase price than could be ...
by OffGridder
Wed Mar 20, 2019 7:10 pm
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 9703

Re: Retired Investors - Do You Keep Cash For Down Years

Not for "down years", but we do maintain a bit of cash. This is what we do: I am in retirement withdrawal phase. Three fund portfolio. Fixed income allocation is all in TBM, plus 6 months expense in a Money Market fund. Once per year in December we withdraw our estimated expenses for the following y...
by OffGridder
Tue Mar 05, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: Adding TIPS

Dialectical Investor: I like your thought that TIPS can be thought of as "insurance." However, it can be a mistake to buy insurance that is not needed. The USA's worst annual inflation since the inception of the Aggregate Bond Index (benchmark for Vanguard Total Bond Market), was -13.3% in 1979. Th...
by OffGridder
Thu Feb 21, 2019 11:26 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2834
Views: 1856499

Re: The Three-Fund Portfolio

Taylor, For many years your fixed income allocation was split 50% TBM, 50% TIPS. You were very happy with that allocation, even after the TIPS fund took a negative dip during the 2008 financial crisis. A few years ago you sold your TIPS and consolidated into just TBM. I believe your reason was for s...
by OffGridder
Sun Feb 17, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: 30 years not long enough to calculate SWR?
Replies: 27
Views: 2140

Re: 30 years not long enough to calculate SWR?

My question is how one might actually implement this information for planning purposes? How many years should I use for an endpoint? How to factor in higher medical expenses? You should use the joint mortality of your and your partner, taking into account your actual ages. Then take the 80th percen...
by OffGridder
Sat Feb 16, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: 30 years not long enough to calculate SWR?
Replies: 27
Views: 2140

Re: 30 years not long enough to calculate SWR?

My question is how one might actually implement this information for planning purposes? How many years should I use for an endpoint? How to factor in higher medical expenses? You should use the joint mortality of your and your partner, taking into account your actual ages. Then take the 80th percen...
by OffGridder
Fri Feb 15, 2019 5:51 pm
Forum: Investing - Theory, News & General
Topic: Will wife’s social security affect my Roth conversions.
Replies: 38
Views: 4546

Re: Will wife’s social security affect my Roth conversions.

I figure it’s time for some example calcs, not only to see if my earlier claim was true, but to show various choices one can make in deciding how much to convert. And before I forget--regarding when your wife starts SS--that I alluded to above. If you decide that it makes sense to do more Roth conv...
by OffGridder
Wed Feb 13, 2019 2:01 pm
Forum: Personal Investments
Topic: Holding too much cash now?
Replies: 34
Views: 4360

Re: Holding too much cash now?

I am in retirement withdrawal phase. Three fund portfolio. Fixed income allocation is all in TBM, plus 6 months expense in a Money Market fund. Once per year in December we withdraw our estimated expenses for the following year from the 3 fund portfolio to maintain our Target AA, and transfer those ...
by OffGridder
Wed Feb 13, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Will wife’s social security affect my Roth conversions.
Replies: 38
Views: 4546

Re: Will wife’s social security affect my Roth conversions.

But the OP can make the best estimate he can by putting the list of expected income sources above into a spreadsheet and use a new column for each year for now until he and his spouse are 72 to see what will happen when RMDs and both Social Securities kick in. Then calculate the tax bracket for eac...
by OffGridder
Fri Feb 08, 2019 12:14 pm
Forum: Personal Investments
Topic: What do you use for your bond exposure?
Replies: 47
Views: 3930

Re: What do you use for your bond exposure?

What do you use for your bond exposure? FinancialRookie: Any good quality, low-cost, short-or intermediate-term bond fund will do the job of providing safety and income in a portfolio. For nearly 30 years I have used Vanguard Total Bond Market Index Fund for our bond allocation. I like it's broad d...
by OffGridder
Wed Feb 06, 2019 12:43 pm
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 115
Views: 9966

Re: If you are old, why bother with rebalancing!!?

And for myself, if I pre-decease my spouse, I don't have to give my spouse any extra instructions ahead of time because it just won't matter at all. She will be able to spend as she pleases and the portfolio will take care of itself without any intervention for years and years. If it does not matte...
by OffGridder
Sat Dec 29, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey [“good growth mutual fund”]
Replies: 73
Views: 9066

Re: Dave Ramsey [“good growth mutual fund”]

DR has said he does use SP500 Index funds in his taxable for tax efficiency. FWIW, considering so many Americans are living paycheck-to-paycheck and are carrying debt, once they get around to serious investing, whether they use actively managed versus index funds matters less than the fact they are...