Search found 46 matches

by tanstaafl
Fri Aug 25, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab example portfolio question
Replies: 8
Views: 759

Re: Charles Schwab example portfolio question

I wonder if iamlucky is thinking of the non-index TR funds at Schwab. Their new index TR options have an 8bp expense ratio, which is impossible to beat on the consumer side. They are well diversified also. I own it in a retirement account even though I could hold the funds separately. It is very har...
by tanstaafl
Sat Aug 12, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: How or if to use TIAA annuity
Replies: 32
Views: 2001

Re: How or if to use TIAA annuity

I use the illiquid version in my 403b, and it amounts to a third of my fixed income allocation. I have a stable job that I love and no need to access the funds until retirement. As others have speculated, I get the sense that their vintages have something akin to a loyalty bonus, so I'm banking on t...
by tanstaafl
Sat Aug 12, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Extended stay feedback: Norwich, UK; Barcelona; Lyon, FR; Anchorage, AK
Replies: 4
Views: 493

Extended stay feedback: Norwich, UK; Barcelona; Lyon, FR; Anchorage, AK

Hello Bogleheads! My wife and I and our two children may have an opportunity to visit one of these locations for about five months in Fall 2018, and we would love some informed feedback. Specifically, we want to hear from those who have visited or (better) lived in one of these places. We live in FL...
by tanstaafl
Sat Jun 24, 2017 7:12 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7017

Re: Your Favorite Vanguard Fund

To hijack dbr's analogy: I like their multitools - the Lifestrategy family. Sure, each component may be used separately to do its job more precisely, but having them all in one saves my back from lugging a tool belt around.
by tanstaafl
Fri Jun 16, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and Fund Recommendations for 403(b) Accounts
Replies: 12
Views: 787

Re: Asset Allocation and Fund Recommendations for 403(b) Accounts

I think you're looking great so far. Are you both tenured? (stating this will help divert people from the e-fund discussion) 1. As for AA, it's really a personal choice. Lots opinions, but I would suggest 20-40% fixed income (TIAA Traditional counts here - I use the illiquid version for a good amoun...
by tanstaafl
Tue Jun 13, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: TREA/TIAA Real Estate - is investing without planning to "market time" ok?
Replies: 79
Views: 4910

Re: TREA/TIAA Real Estate - is investing without planning to "market time" ok?

I'll offer my $0.02, as I have recently thought a lot about just this issue. I have pretty much all of my retirement funds with TIAA, and had been utilizing both their traditional (the illiquid version) and TREA, along with vanguard tsm, tism, and tbm (these Vanguard funds are new for our 403b, and ...
by tanstaafl
Mon Jun 05, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 3160

Re: Article: Compare ROI of college education vs S&P500

That article is..... incredibly flawed. I want to use stronger language but I will try to be nice. It compares the "returns" from the S&P 500 from 1993 to 2017 (without accounting for dividend reinvestment or inflation, just price level of the index) to the "ROI" from attend...
by tanstaafl
Wed May 31, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer without an in person interview
Replies: 41
Views: 4152

Re: Job offer without an in person interview

I would say that the firm offering the job should be applauded and described as cutting-edge, realizing the uselessness of the interview: https://www.google.com/amp/s/mobile.nytimes.com/2017/04/08/opinion/sunday/the-utter-uselessness-of-job-interviews.amp.html Ah, Boston Barry beat me to it. That a...
by tanstaafl
Sun May 28, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 17219

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

I suppose I'm an odd-ball, but even though my retirement portfolio is 100% equities, I'm working to pay off my mortgage in about three years. There are several reasons for it (i.e. long-term employment concerns, DW really wants to), but reducing my monthly obligations is not the least of them. I've...
by tanstaafl
Sat May 27, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Cheap gym shirts w/ certain materials
Replies: 23
Views: 2962

Re: Cheap gym shirts w/ certain materials

Hanes Nano t-shirts are what I have used for a few years. Cheap, cotton, and durable.
by tanstaafl
Wed May 24, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Emergency Fund
Replies: 33
Views: 4280

Re: Investing Emergency Fund

We use insight prepaid accounts for the bulk of our e-fund. They offer 5% on up to 5000 in a savings account and each person can have two accounts. That gets us 20k earning 5%, so we don't worry about the rest sitting at 1%. It does take a few days, though, for an ach pull to bring the funds back i...
by tanstaafl
Sun May 21, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Emergency Fund
Replies: 33
Views: 4280

Re: Investing Emergency Fund

We use insight prepaid accounts for the bulk of our e-fund. They offer 5% on up to 5000 in a savings account and each person can have two accounts. That gets us 20k earning 5%, so we don't worry about the rest sitting at 1%. It does take a few days, though, for an ach pull to bring the funds back in...
by tanstaafl
Fri May 12, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Behavioral Anomalies Will Persist?
Replies: 40
Views: 3664

Re: Do You Think Behavioral Anomalies Will Persist?

Behavioral anomalies do not persist. They blink in and out of existence based upon nothing. So, no. On the Bloomberg site: “A New Paper Just Took a Huge Shot at Some of the World's Hottest Investments” Highlights from the article: The researchers looked at a variety of factors, including momentum, ...
by tanstaafl
Wed Apr 26, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance student loan to Earnest?
Replies: 24
Views: 1738

Re: Refinance student loan to Earnest?

I used Earnest a year ago to refinance. I chose variable instead of fixed, but had smaller loans. Earnest at the time offered the chance to change from variable to fixed at any time during repayment. The process was a breeze, and an Earnest employee sent me a text with his personal contact info in c...
by tanstaafl
Sun Apr 23, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Recommendation for Adults-only All-Inclusive resort/hotel?
Replies: 21
Views: 2978

Re: Recommendation for Adults-only All-Inclusive resort/hotel?

My wife and I went through www.travelbybob.com for our honeymoon to the Mexican Riviera. We stayed in an amazing all-inclusive place (Valentin Imperial Maya) for under 800 total for a week. It was phenomenal. I don't recall if it was adults only but I think so. Neither of us remember seeing children.
by tanstaafl
Sun Mar 26, 2017 2:08 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 309
Views: 44825

Re: What is your favorite consumer product?

Fun thread to read, and happy to see so many fellow egg and oatmeal enthusiasts! My additions:

Buffalo Trace
Filson briefcase (gift several years ago and looks better every day)
Costco unsalted mixed nuts
Melindas exxxtra hot sauce
by tanstaafl
Thu Mar 23, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Fearful Investor and Close to Retirement
Replies: 77
Views: 10791

Re: Fearful investor wants feedback on plan

How do I contact Kevin M? I am new to Bogleheads. Thanks! Here is his profile: https://www.bogleheads.org/forum/memberlist.php?mode=viewprofile&u=14152 He has many posts on direct CDs and CD ladders as an alternative option for those considering among bond funds. They tend to be very informative.
by tanstaafl
Tue Mar 21, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Advice
Replies: 20
Views: 1482

Re: 401K Advice

I'm currently in the process of transferring over to Vanguard from TRP (Capital Appreciation PRWCX). I would invest in VTSAX for my Roth but I already have VTSAX, VBTLX and VTIAX as part of my three fund portfolio. Where would you advise me to transfer my Roth IRA funds to? The target date fund is ...
by tanstaafl
Tue Mar 21, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fearful Investor and Close to Retirement
Replies: 77
Views: 10791

Re: Fearful investor wants feedback on plan

Thanks for your years of teaching! It looks like you have a great base with the pension and ss, especially if you wait until 65 (for three years' wait you get a 24% bump in ss and a 13%bump in the pension - Not a bad return). If you plan to use the taxable to bridge those years, how about Vanguard's...
by tanstaafl
Tue Mar 21, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Best set it and forget to hold until retirement?
Replies: 24
Views: 2793

Re: Best set it and forget to hold until retirement?

Congrats on getting the loans taken care of! I am working on that myself and cannot wait for the relief (psychological and cash-flow) of having them gone. If 60/40 is your target AA, then I'll echo others above and suggest the balanced index fund without question. I'd also caution against basing too...
by tanstaafl
Sun Mar 05, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth milestone reached: $100,000!
Replies: 53
Views: 5164

Re: Net worth milestone reached: $100,000!

What an achievement! And your family is in a position to fully enjoy your new member. Congratulations, you've earned this, and much more to come!
by tanstaafl
Thu Mar 02, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: VASGX .. to stay or go..
Replies: 29
Views: 2227

Re: VASGX .. to stay or go..

I'll echo dduke and pennstater: stick with the single fund. My ira is all in this fund, even though I could do admiral shares of a three-fund. I wish I could have all of my tax-deferred accounts in this fund. Don't think that you'll realize the slight cost savings of breaking it up, either, unless y...
by tanstaafl
Sat Feb 25, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: 401k AA - no Total Market Fund option
Replies: 15
Views: 1076

Re: 401k AA - no Total Market Fund option

I think the disagreement may be over interpretation of OP's question. Yes, 80/20 would be easier to track, but I appreciate CFR's detailed reply (and as a "math person", I have similar least-squares methods of maintaining my AA, so I'm sympathetic to the approach). I'll just echo earlier s...
by tanstaafl
Mon Feb 20, 2017 1:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 30590

Re: Your USER NAME...what does it mean?

Mine is from an old favorite Heinlein book, and I thought it would fit with a finance-focused forum. I have noticed that another member uses is as a signature line, so I hope they don't mind me accidentally stealing it.
by tanstaafl
Fri Feb 03, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 27
Views: 2407

Re: 457 - help choosing between 2 good options?

As a hanger-on to this thread, thanks to bodacious and tomato for info on the pcra option! I may be switching to that very shortly to take advantage of the schwab target index options.
by tanstaafl
Fri Feb 03, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Seeking Advice
Replies: 16
Views: 869

Re: New Boglehead Seeking Advice

You have received great advice so far. I was going to suggest refinancing your loans, but a bankruptcy may make this difficult. I would target the high interest loan for aggressive repayment. Then make sure you get any company match on the new 401k and devote the rest to debt reduction. A shot in th...
by tanstaafl
Fri Feb 03, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Seeking Advice
Replies: 16
Views: 869

Re: New Boglehead Seeking Advice

You have received great advice so far. I was going to suggest refinancing your loans, but a bankruptcy may make this difficult. I would target the high interest loan for aggressive repayment. Then make sure you get any company match on the new 401k and devote the rest to debt reduction. A shot in th...
by tanstaafl
Tue Jan 24, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 27
Views: 2407

Re: 457 - help choosing between 2 good options?

I just got off the phone with our local Voya rep, and he said that yes, Voya does charge the 35bp fee for the Vanguard TR funds. With that, I'd consider Valic for the total stock option, or the Schwab pcra for more flexibility, even with the extra fee.
by tanstaafl
Mon Jan 23, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 27
Views: 2407

Re: 457 - help choosing between 2 good options?

I'm a fellow FL employee, and had stayed away from Voya because all the documentation says they charge a 35bp fee for the TR funds. I'm very happy to hear that's not the case. I went with a third option, Valic, because they offer the institutional Total Stock Market fund. I then balance my AA using ...
by tanstaafl
Sun Sep 18, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Coffee makers: Moka, French Press, etc.
Replies: 34
Views: 2874

Re: Coffee makers: Moka, French Press, etc.

I used a French press until I discovered the aeropress. I used that until I discovered the chemex. I'll likely never use anything else. I had previously tried the moccamaster, which was better than a french press but not worth the expense. The grinder quality is key (as is the freshness/quality of b...
by tanstaafl
Thu Sep 15, 2016 9:36 pm
Forum: Personal Consumer Issues
Topic: Foreign Language Programs for Commute?
Replies: 19
Views: 2166

Re: Foreign Language Programs for Commute?

Thanks, everyone, for your replies. I take the many "don't learn a language in the car" posts to heart - I could easily see myself trying to focus and... Several mentioned Pimsleur, which I think is available at my library, so I will look into that for at home. Thanks Ari for the Assimil r...
by tanstaafl
Mon Sep 12, 2016 6:58 pm
Forum: Personal Consumer Issues
Topic: Foreign Language Programs for Commute?
Replies: 19
Views: 2166

Foreign Language Programs for Commute?

Hi all, I have a 20-30 minute each-way commute and would like to use that time to begin learning a foreign language or two. Have any of you had a good experience with foreign language programs designed for audio only? I am thinking of starting with Spanish (took it in grade school, have forgotten mo...
by tanstaafl
Fri Sep 09, 2016 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Just starting Roth IRA with fidelity
Replies: 23
Views: 2296

Re: Just starting Roth IRA with fidelity

blaugranamd wrote:This is easy, FFNOX. 85% Stock (25% international), 15% Bond. 0.11%ER. Autoinvest and come back to adjust when in 10-15 years when you're ready to start changing your asset allocation. Don't mistake diversity with multiple funds. :sharebeer


I agree with this advice. Extremely diverse and cheap.
by tanstaafl
Fri Sep 02, 2016 1:14 pm
Forum: Personal Consumer Issues
Topic: Which city to start early retirement?
Replies: 128
Views: 14591

Re: Which city to start early retirement?

I agree with Trader/Investor that Boone is beautiful. It will be much warmer than Boise, but you'll be happy about that in the winters. If you are looking for places close to Cleveland, have you considered Pittsburgh? If I could move to any city I would go there. Grand Junction, CO might be attracti...
by tanstaafl
Wed Aug 31, 2016 8:42 am
Forum: Investing - Theory, News & General
Topic: Myopic loss aversion helps explain the equity premium puzzle
Replies: 15
Views: 2274

Re: Myopic loss aversion helps explain the equity premium puzzle

Thanks for posting, Larry. Thats a clear writeup of a very nice recent paper. Second, other studies have found that the more people check their portfolios the worse they tend to do with the reason being checking might lead to action when inaction is likely better. Larry and others, you might find th...
by tanstaafl
Mon Aug 22, 2016 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: 30 and 29 y.o. married couple portfolio and plans
Replies: 19
Views: 3453

Re: 30 and 29 y.o. married couple portfolio and plans

Hi defscott, When I first read your combined income I thought "what's the problem?" Then saw where you live... Generally, you seem to be doing well so far with retirement savings, especially if you have the pension buffer. I couldn't imagine the stress of trying to buy a house in NY, and y...
by tanstaafl
Mon Aug 22, 2016 8:20 pm
Forum: Personal Consumer Issues
Topic: Book - Criticism of behavioral economics.
Replies: 19
Views: 2894

Re: Book - Criticism of behavioral economics.

Well, I worry that I implied a deeper familiarity with Gigerenzer's work than I have, so I should qualify this by saying I was very familiar back in grad school. I'll give brief overviews of Kahneman's and Gigerenzer's stances and provide a link to a nice overview of the normative debate. And the bo...
by tanstaafl
Sun Aug 21, 2016 11:25 am
Forum: Personal Consumer Issues
Topic: Book - Criticism of behavioral economics.
Replies: 19
Views: 2894

Re: Book - Criticism of behavioral economics.

I'd second reading Levine's write-up if you want a counter-argument to behavioral work, though it very selectively samples the literature (who doesn't?). It's not overly convincing, but he makes good points. Gigerenzer has indeed spent much of his career having a one-sided argument with Kahneman. Th...
by tanstaafl
Wed Aug 17, 2016 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: First-time portfolio and insurance review for young family. Help much appreciated!
Replies: 6
Views: 785

Re: First-time portfolio and insurance review for young family. Help much appreciated!

Thanks again for the replies. The strong consensus echoes Nedsaid to prioritize a larger emergency fund, which I will certainly do now before making sure the mortgage and student loans are finished. I've contacted the rep for the state university system's insurance provider regarding disability cove...
by tanstaafl
Wed Aug 17, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: First-time portfolio and insurance review for young family. Help much appreciated!
Replies: 6
Views: 785

Re: First-time portfolio and insurance review for young family. Help much appreciated!

Thanks, Nedsaid. You hit on the area I'm least familiar with - emergency funds and insurance. I've emailed our agent to look into an umbrella policy. Should I look into disability also? I've also changed the plan to build up the emergency fund sooner, per your suggestion.
by tanstaafl
Tue Aug 16, 2016 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Bond Index Funds, how many shall I use for good diversification?
Replies: 14
Views: 2150

Re: Vanguard Bond Index Funds, how many shall I use for good diversification?

This is certainly justifiable, but more info would help. Are you considering taxable as part of your retirement portfolio? If so, I would suggest reading up on Taylor's three-fund portfolio, holding your bonds in tax-advantaged spaces if you have room and are in a high tax bracket - at the very leas...
by tanstaafl
Tue Aug 16, 2016 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: First-time portfolio and insurance review for young family. Help much appreciated!
Replies: 6
Views: 785

First-time portfolio and insurance review for young family. Help much appreciated!

Hi bogleheads! I'm another mostly-silent reader who has benefitted greatly from this forum. I am at the point where I think I've made the easy changes to a badly-managed portfolio and am looking for some help. Since I've zeroed in on a quasi-3 fund approach (the TIAA version with TREA and Trad), I h...
by tanstaafl
Tue Aug 16, 2016 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Accounts - How do you use it?
Replies: 103
Views: 8126

Re: Joint Accounts - How do you use it?

As you see from prior posts, this is a potentially delicate issue where many disagree. I have a stay-at-home wife and we discussed this quite a bit for non-trivial reasons others (such as pennywise) have raised. We decided on joint accounts where she has central access to everything and she keeps tr...
by tanstaafl
Sat Jun 25, 2016 8:19 am
Forum: Personal Consumer Issues
Topic: Southeast coast beach cities for raising a family
Replies: 29
Views: 2729

Re: Southeast coast beach cities for raising a family

I agree with both points Old Guy made. Look for a city or town with a large state university (even better if med school attached due to larger footprint) and you will be in a place that is much more progressive than the surrounding area. My wife and I moved to just such a town in FL several years ag...
by tanstaafl
Wed Jun 15, 2016 7:12 pm
Forum: Personal Consumer Issues
Topic: Great fiction for the summer and beyond
Replies: 21
Views: 2286

Re: Great fiction for the summer and beyond

I'd recommend almost anything by Nevil Shute (e.g. Trustee from the Toolroom, A Town like Alice, and Round the Bend) for superbly written fiction that does not tax the brain. Also, Elmore Leonard is a favorite for light summer reads. He writes superb dialogue, which more than makes up for his someti...
by tanstaafl
Wed Apr 06, 2016 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Which bank for ATM use outside the US?
Replies: 26
Views: 2233

Re: Which bank for ATM use outside the US?

I've had Schwab for years as my main checking acct, with several trips out of the US. There are no fees and customer service is better than I've ever experienced from a big bank (had BoA, WF, and PNC in the past). Also, they reimburse all fees you incur from other banks or ATMs.