Search found 782 matches

by bikechuck
Sat Sep 26, 2020 11:17 am
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 128
Views: 10715

Re: Long Suffering VXUS Holder No More

I followed Mr. Bogle's advice of limiting my exposure to international stocks so they represent 20% of my equity holdings. I am in the deaccumulation stage so I have not bought or sold any of my international holdings in sometime. If Vanguard and others are correct that International will outperfor...
by bikechuck
Sat Sep 26, 2020 9:54 am
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 128
Views: 10715

Re: Long Suffering VXUS Holder No More

I followed Mr. Bogle's advice of limiting my exposure to international stocks so they represent 20% of my equity holdings. I am in the deaccumulation stage so I have not bought or sold any of my international holdings in sometime. If Vanguard and others are correct that International will outperform...
by bikechuck
Wed Sep 23, 2020 8:41 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 176
Views: 10992

Re: A simpler car.

I have a feeling I'm in the minority here but I'm thinking about buying a simpler older car, I recently sold my (2007) car I really liked I had all the bugs worked out but the paint was starting to go and I didn't want to spend $3k. I bought a 2015 car it had a transmission issue that I fixed but I...
by bikechuck
Tue Sep 22, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: What can I expect from new golf clubs
Replies: 96
Views: 5247

Re: What can I expect from new golf clubs

atikovi wrote: Sun Sep 20, 2020 10:21 am Oh, and I'm not a golfer but wouldn't most golfers take insult to it being called a game? Isn't it a sport?
Cross Country is a sport, everything else is just a game.
by bikechuck
Thu Sep 17, 2020 6:17 pm
Forum: Personal Consumer Issues
Topic: Grocery store didn't tell me Shingrix was $160
Replies: 197
Views: 12919

Re: Grocery store didn't tell me Shingrix was $160

Flu shots at the grocery store are $35 to $65. They are free at the Dr's office. We'll wait a week and get them for free. My understanding is that Shingrix is different than "regular" flu shots. Yes, but the concept is the same. The grocery store is selling convenience, and you pay for it. The copa...
by bikechuck
Wed Sep 16, 2020 10:31 pm
Forum: Personal Consumer Issues
Topic: Grocery store didn't tell me Shingrix was $160
Replies: 197
Views: 12919

Re: Grocery store didn't tell me Shingrix was $160

You got a bargain. My wife was charged over $300 for just the first shot at her doctor's office. She later learned that she could have paid about what you did had she used her pharmacy instead of her doctor's office. She is upset with her doc for not telling her. Was that $300 plus the doctor visit...
by bikechuck
Wed Sep 16, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: Grocery store didn't tell me Shingrix was $160
Replies: 197
Views: 12919

Re: Grocery store didn't tell me Shingrix was $160

Was there no mention of cost in the web site nor in the paperwork you filled out? I had to pay about that amount, but knew up front that Medicare would not cover it, nor my drug coverage. If it wasn;t mentioned, you should argue that. I am arguing that they should have told me - as I stated above, ...
by bikechuck
Tue Sep 15, 2020 8:56 pm
Forum: Personal Investments
Topic: How much to invest in Fund that has guaranteed 4% return?
Replies: 19
Views: 2640

Re: How much to invest in Fund that has guaranteed 4% return?

Interesting thread, I have a similar fixed annuity that I opened in the 1980s in an IRA with $2,000 that pays a guaranteed minimum 4.5%. I ignored it and pretty much forgot about it after opening it but rediscovered it 4 - 5 years ago. I was able to add money to it and the new money also earns a gua...
by bikechuck
Sat Sep 12, 2020 10:02 pm
Forum: Personal Investments
Topic: Ally Bank Not Reliable
Replies: 50
Views: 4985

Re: Ally Bank Not Reliable

I have never done business with Ally Bank, so I have no first hand experience with them. Since joining bogleheads, I have been mystified by the way that many of our members put Ally on a pedestal, just as they do with Vanguard. Whether or not Vanguard should be on a pedestal is a different topic, b...
by bikechuck
Tue Sep 01, 2020 10:44 pm
Forum: Personal Investments
Topic: Annuitizing vs. 4% withdrawls
Replies: 45
Views: 2617

Re: Annuitizing vs. 4% withdrawls

Another thing to consider is that the payout rate for a new annuity will increase as she gets older. She could withdraw from her portfolio until she's 75 or 80, and then annuitize at a higher payout rate. That is the path that I am currently on. These are not easy decisions with today's interest ra...
by bikechuck
Thu Aug 27, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Fed wants inflation
Replies: 30
Views: 2962

Re: Fed wants inflation

Should one be buying TIPS? They seem expensive now. TIPS are no more "expensive" than nominal US treasuries right now. If you want 100% safety, you pay a (small) price. I'm already at 100% TIPS for my fixed income, so nothing for me to consider. I have no idea if inflation will increase or not. Tha...
by bikechuck
Fri Aug 21, 2020 11:11 am
Forum: Personal Consumer Issues
Topic: E-Bike- where to start
Replies: 19
Views: 1990

Re: E-Bike- where to start

I am an avid bike rider on roads, and I just moved to a beautiful but hilly area. At age 70, I need help to enjoy the rural roads. I’ve read a lot of information from various sources as well as this forum, and I am lost. I want a good bike similar to my Trek 7.5 hybrid. I have no idea how much I ne...
by bikechuck
Mon Aug 17, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: When should one share financials with their children?
Replies: 205
Views: 13141

Re: When should one share financials with their children?

My daughters both know the approx size of my wife's and my portfolio. We are in our late 60s and they are in their mid to late 30s.

They are both responsible and when the time comes I want to make sure they have a good idea that they have located all available assets.
by bikechuck
Fri Aug 07, 2020 12:11 pm
Forum: Personal Investments
Topic: Social Security as my Bond Fund?
Replies: 70
Views: 3624

Re: Social Security as my Bond Fund?

There is nothing wrong with retiring on Social Security, real estate, and stocks. Thinking it is ok because SS is your bond fund is, well, wrong. Mr. Bogle argued for computing the NPV of your Social Security benefit and considering it to be a bond equivalent when establishing how much you wanted t...
by bikechuck
Fri Aug 07, 2020 12:04 pm
Forum: Investing - Theory, News & General
Topic: Carry on or Take your toys and go home ?
Replies: 102
Views: 9250

Re: Carry on or Take your toys and go home ?

000 wrote: Thu Aug 06, 2020 7:36 pm Consider limiting a "tactical trim" to 10-20%.

Also consider that USD may not be a great store of value either.
If the U.S. dollar drops in value relative to other currencies it will benefit international equities. Good argument for holding some international in your portfolio.
by bikechuck
Mon Aug 03, 2020 5:04 pm
Forum: Personal Investments
Topic: TIAA Question
Replies: 22
Views: 1641

Re: TIAA Question

The issue with TIAA Traditional annuity is that it's illiquid. No lump-sum withdraws are allowed, not even in retirement. While they do provide liquidity to meed RMD requirements, the only other way one can withdraw is evenly over a ten year period. In the event a large amount for an emergency extr...
by bikechuck
Mon Aug 03, 2020 11:35 am
Forum: Personal Investments
Topic: TIAA Question
Replies: 22
Views: 1641

Re: TIAA Question

The issue with TIAA Traditional annuity is that it's illiquid. No lump-sum withdraws are allowed, not even in retirement. While they do provide liquidity to meed RMD requirements, the only other way one can withdraw is evenly over a ten year period. In the event a large amount for an emergency extr...
by bikechuck
Mon Jul 27, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Straight Talk Annuity
Replies: 93
Views: 5907

Re: Straight Talk Annuity

[quote=ChrisBenn post_id=5396306 time=1595862717 So it does have full liquidity? That is definitely surprising. But otherwise just amend the question to 250k? [/quote] My fixed annuity that is paying a guaranteed minimum 4.5% now has full liquidity. It had a period of 7 years or so where there were ...
by bikechuck
Mon Jul 27, 2020 8:44 am
Forum: Personal Investments
Topic: Is my company’s 401k plan squeezing my colleagues and myself out of more favorable returns?
Replies: 28
Views: 2799

Re: Is my company’s 401k plan squeezing my colleagues and myself out of more favorable returns?

I am going to offer a contrarian viewpoint. I also worked for a company that chose Lincoln to administer their retirement plan. I too was disappointed in the costs of the mostly managed funds that my employer offered. I did gently push back and request that they offer some low cost index funds. I g...
by bikechuck
Sun Jul 26, 2020 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Straight Talk Annuity
Replies: 93
Views: 5907

Re: Straight Talk Annuity

Salespeople have been spinning for millenniums. Try to find one person who has not regretted being ensnared into an investment annuity of any ilk. I am a person that does not regret being ensnared in the fixed annuity that I purchased in the 1980's with a $2,000 investment. It did have a front end ...
by bikechuck
Sun Jul 26, 2020 3:55 pm
Forum: Personal Investments
Topic: Why is this SPIA a bad idea?
Replies: 68
Views: 5395

Re: Why is this SPIA a bad idea?

We have around $400k that we would like to buy a lump sum SPIA with or without COLA 2%. ( we have other savings) We would like to use that to supplement our Social Security. We are in our late 50's . Why is this a bad idea? I will consider something like this in my mid to late 70s. However if you d...
by bikechuck
Sun Jul 26, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Straight Talk Annuity
Replies: 93
Views: 5907

Re: Straight Talk Annuity

Salespeople have been spinning for millenniums. Try to find one person who has not regretted being ensnared into an investment annuity of any ilk. I am a person that does not regret being ensnared in the fixed annuity that I purchased in the 1980's with a $2,000 investment. It did have a front end ...
by bikechuck
Sun Jul 26, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Straight Talk Annuity
Replies: 93
Views: 5907

Re: Straight Talk Annuity

Salespeople have been spinning for millenniums. Try to find one person who has not regretted being ensnared into an investment annuity of any ilk. I am a person that does not regret being ensnared in the fixed annuity that I purchased in the 1980's with a $2,000 investment. It did have a front end ...
by bikechuck
Sun Jul 26, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Straight Talk Annuity
Replies: 93
Views: 5907

Re: Straight Talk Annuity

Salespeople have been spinning for millenniums. Try to find one person who has not regretted being ensnared into an investment annuity of any ilk. I am a person that does not regret being ensnared in the fixed annuity that I purchased in the 1980's with a $2,000 investment. It did have a front end ...
by bikechuck
Sun Jul 26, 2020 10:57 am
Forum: Personal Investments
Topic: Is my company’s 401k plan squeezing my colleagues and myself out of more favorable returns?
Replies: 28
Views: 2799

Re: Is my company’s 401k plan squeezing my colleagues and myself out of more favorable returns?

I am going to offer a contrarian viewpoint. I also worked for a company that chose Lincoln to administer their retirement plan. I too was disappointed in the costs of the mostly managed funds that my employer offered. I did gently push back and request that they offer some low cost index funds. I go...
by bikechuck
Mon Jul 20, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 203
Views: 16025

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

This might drive people into higher yielding bonds thus increasing the prices of those bonds. It's also driving people into high-yielding stocks. Listen to my podcast with Burton Malkiel. It's what he advocates. Episode 023: Dr. Burton Malkiel, host Rick Ferri Rick Ferri Rick, I listened to and enj...
by bikechuck
Sat Jul 18, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 6461

Re: Questions for Rick Ferri and Paul Merriman?

In a recent article Rick Ferri indicated that a 30% allocation to equities would be a good default position for the mythical average retiree. He also pointed out that there is no such thing as an average retiree. With today's low interest rates has Mr. Ferri adjusted his position that 30% equities i...
by bikechuck
Fri Jul 17, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Should everyone have TIPS?
Replies: 82
Views: 4981

Re: Should everyone have TIPS?

I understand individual TIPS but every time I try to think through whether or not a TIPS fund would be as good I get a headache and I lose confidence in my ability to think through the question with any confidence. For now, in my mid 60's I have none either individually or in a fund though I probabl...
by bikechuck
Tue Jul 14, 2020 8:18 pm
Forum: Personal Consumer Issues
Topic: Coffee storage
Replies: 42
Views: 3413

Re: Coffee storage

We just buy a one week supply of whole beans from our favorite local roaster. We keep the beans in the original bag and seal and store it in a kitchen cupboard until it is used up. Rinse and repeat. We only grind enough to brew what we will consume. I have not noticed any degradation in taste whilst...
by bikechuck
Tue Jul 14, 2020 4:30 pm
Forum: Personal Investments
Topic: International stocks/bonds
Replies: 10
Views: 751

Re: International stocks/bonds

For some time now 20% of my equities have been in international index funds. I think that makes sense from a diversification standpoint and as a hedge should there be a decline in the value of the U.S. dollar. I have no interest in holding international bonds. My bond holdings are the "safe" option ...
by bikechuck
Sat Jul 11, 2020 9:03 pm
Forum: Personal Investments
Topic: Current problems with 3 fund approach
Replies: 45
Views: 3708

Re: Current problems with 3 fund approach

There is a double move going on with International. 1) The performance of the international companies 2) The value of the U.S. dollar. If the dollar falls in value your investment in international equities will grow. Given our ballooning national debt the dollar could begin losing value at some poin...
by bikechuck
Fri Jul 10, 2020 4:44 pm
Forum: Personal Consumer Issues
Topic: Alternative to SiriusXM - Amazon Music HD worth it?
Replies: 23
Views: 944

Re: Alternative to SiriusXM - Amazon Music HD worth it?

nordsteve wrote: Fri Jul 10, 2020 11:22 am Another option -- I have a Spotify family plan and routinely stream that at high quality in the car.
Do you have an unlimited data plan?
by bikechuck
Fri Jul 10, 2020 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Wire Transfer at Ally
Replies: 8
Views: 1111

Re: Delayed Wire Transfer at Ally

I parked money with ALLY two years ago to use for the cash closing on the purchase of a house. I remember being impressed and thankful that they followed up with a phone call and had what I perceived to be strong controls before sending what was for me a large amount of money off to the title compan...
by bikechuck
Fri Jul 03, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Filing for Social Security at 70 after spousal benefits
Replies: 20
Views: 2382

Re: Filing for Social Security at 70 after spousal benefits

Another option is to schedule a telephone meeting. My wife and I have done this on two occasions and we have been surprised and pleased with the encounters. In person meetings in our county are an ordeal that involves a long drive and lengthy wait in an unpleasant office.
by bikechuck
Fri Jul 03, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: REITS no longer cheap
Replies: 101
Views: 16831

Re: REITS no longer cheap

Ben Felix posted a great video analyzing REIT'S late last year... https://www.youtube.com/watch?v=IzK5x3LlsUU He concludes that just a higher allocation to Small Cap Value and Lower Credit Quality Bonds provides an equivalent risk premium. We are living in strange times. Currently there is no way t...
by bikechuck
Fri Jul 03, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: considering paying cash for house- What would you do?
Replies: 54
Views: 3734

Re: considering paying cash for house- What would you do?

At a 3% interest rate I would put 20% down and borrow the rest at 3% for 30 years. You don't know what the future will bring. There could be a benefit to having more liquidity. Another option is to pay cash and establish a HELOC that could be used if needed. However, in this situation I would likel...
by bikechuck
Fri Jul 03, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 358
Views: 19467

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

Now to your broader question: Thanks, that graph is very illustrative. I'd like to point out though that VTIAX hasn't merely "underperformed the US" - it performed poorly, period. In absolute terms, it was just a poorly yielding investment for the past 10 years. Is that normal? Would you recommend ...
by bikechuck
Wed Jul 01, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 26944

Re: 4% rule - confidence poll

My plan has equitoes returning real 2.8% right now. I estimate SWR using PE10 (CAPE). 3.33% is 30 years of expenses saved up that you want to last 30 years. One needs 0% real return to make that work (yes, yes, sequence of returns matters) 3% is silly low. I disagree that 3% is "silly low" given to...
by bikechuck
Wed Jul 01, 2020 12:00 pm
Forum: Personal Consumer Issues
Topic: SUV, 2 row, 40k USD
Replies: 41
Views: 3036

Re: SUV, 2 row, 40k USD

What would you get? i liked the honda passport - but they say that the honda sensing is way off, and causes emergency braking on 2 lane roads with oncoming cars Highlander is very nice 2020 version - but oh so boring - Used cayenne for 45k 2017-8 CPO, is an option, but hard to get all the safety te...
by bikechuck
Tue Jun 30, 2020 9:57 pm
Forum: Personal Consumer Issues
Topic: Seeking input on type of family car to purchase and whether to buy new or used
Replies: 37
Views: 1537

Re: Seeking input on type of family car to purchase and whether to buy new or used

There are lots of good cars to choose from so I will not weigh in on which you should buy. I will say that I have purchased new and used cars in my 66 trips around the sun and by far the best value for me has been to buy new rather than used and to drive the car for a minimum of ten years and 150,00...
by bikechuck
Sun Jun 28, 2020 8:46 pm
Forum: Personal Investments
Topic: Looking for verification on Annuity pitch...
Replies: 80
Views: 5043

Re: Looking for verification on Annuity pitch...

If you can get the money over to Vanguard or Fidelity I would recommend that. If it goes to a money market fund at say Vanguard then folks here will give you good advice on investing it and you don’t have to make a decision by Wednesday. Is there some reason or reasons that you prefer Fidelity and ...
by bikechuck
Sat Jun 27, 2020 8:09 pm
Forum: Personal Consumer Issues
Topic: SUV, 2 row, 40k USD
Replies: 41
Views: 3036

Re: SUV, 2 row, 40k USD

What would you get? i liked the honda passport - but they say that the honda sensing is way off, and causes emergency braking on 2 lane roads with oncoming cars Highlander is very nice 2020 version - but oh so boring - Used cayenne for 45k 2017-8 CPO, is an option, but hard to get all the safety te...
by bikechuck
Sat Jun 27, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16973

Re: Which College degrees are worthwhile?

I always encouraged my daughters to follow their hearts rather than their heads in choosing a field of study. My older daughter is an eighth grade science teacher with a master's in education. My younger daughter has a PhD in the humanities and is a curator for the Smithsonian. I think that if young...
by bikechuck
Mon Jun 22, 2020 9:12 pm
Forum: Investing - Theory, News & General
Topic: Malkiel weighs in on passive investing and alternatives to the 60/40...
Replies: 39
Views: 4733

Re: Malkiel weighs in on passive investing and alternatives to the 60/40...

Some of the downsides/risks of investing in preferreds can be mitigated by investing in an ETF with diversified holdings. This interview has me contemplating selling a portion of my total bond index fund and investing it in a preferred ETF instead. If I do this I would limit my Preferred ETF to 5 - ...
by bikechuck
Sat Jun 20, 2020 6:39 pm
Forum: Personal Investments
Topic: Suggestions and AA for 72yr old retirees
Replies: 21
Views: 1697

Re: Suggestions and AA for 72yr old retirees

My son in law's mother asked me for advice and I recommend that she work with Rick Ferri, she did and she is very happy. I would have suggested something very similar to Rick's advice but in a situation like this I think that it was better for everyone to have the advice come from outside the family.
by bikechuck
Wed Jun 17, 2020 8:08 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15977

Re: Ditching International

After reading this thread I am choosing to continue to hold 20% of my equities in international. Some say zero, others say 40 - 50%. Twenty percent is a compromise and is enough to serve as a hedge against a drop in the value of the U.S. dollar. Imagine this was a medical forum instead of an invest...
by bikechuck
Wed Jun 17, 2020 10:39 am
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15977

Re: Ditching International

So basically, it is a crapshoot to determine who will outperform who... I guess that's why we are to hold 20% in international? I don't see how you can read this thread and conclude "we are to hold 20% in international." That's just a very strange statement. After reading this thread I am choosing ...
by bikechuck
Thu Jun 11, 2020 11:03 pm
Forum: Personal Investments
Topic: ROTH IRA- Married married filing separately
Replies: 10
Views: 607

Re: ROTH IRA- Married married filing separately

Perhaps you should revisit your plans for MFS. I would certainly hope it's not 18 more years of that. My wife and I saved a ton of money on our state income taxes by choosing to file seperately before retiring. Our state has a graduated tax rate schedule and a teeny tiny joint filing credit. Filing...
by bikechuck
Thu Jun 11, 2020 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 1.25% to 1.10%
Replies: 81
Views: 8850

Re: Ally Bank savings interest rate dropping from 1.25% to 1.10%

Really unfortunate. I feel bad for all investors and retirees. Nothing to feel bad about for investors who are actually, you know, investing in equities, and not stockpiling excess cash. -TheDDC Equities did not do very well at all today and I suspect could be in for a rough ride for some time into...
by bikechuck
Wed Jun 10, 2020 12:19 pm
Forum: Personal Consumer Issues
Topic: New car
Replies: 28
Views: 2708

Re: New car

People on this site buy brand-new cars? I have bought a few new and used cars in my 67 trips around the sun. In my experience buying new, keeping the car well maintained and driving it for at least ten years and 150,000 miles is a far better value than buying used. Once the car is over ten years ol...