Search found 1518 matches

by Da5id
Fri Nov 24, 2017 4:12 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 79
Views: 4793

Re: Why does everyone keep increasing their international stock %?

Prior to this year, international had been a dog since the recession. Vanguard upping the percentage in the combined funds didn't strike me as performance chasing (at least not in the way the word is normally used). Seems a lot like it to me. It's gone way up? Buy. It's gone way down? Sell. Weird. ...
by Da5id
Fri Nov 24, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 4471

Re: Do you include the sale of your home as part of your retirement planning?

I don't really, but I could very reasonably do so. My current house is fully paid off and is in a HCOL town with excellent schools. I don't need the schools any more, and moreover the house is too big and not (in the very long term) retirement friendly. It has steps, it has a yard to take care of, ...
by Da5id
Fri Nov 24, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 79
Views: 4793

Re: Why does everyone keep increasing their international stock %?

Someone has already posted that the increase in international is probably performance chasing . A year ago, when US stocks were outperforming International, individuals were saying 100% US (and no international). While not the reverse (100% international, 0% US), it seems that performance chasing i...
by Da5id
Fri Nov 24, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 79
Views: 4793

Re: Why does everyone keep increasing their international stock %?

Someone has already posted that the increase in international is probably performance chasing . A year ago, when US stocks were outperforming International, individuals were saying 100% US (and no international). While not the reverse (100% international, 0% US), it seems that performance chasing i...
by Da5id
Fri Nov 24, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 4471

Re: Do you include the sale of your home as part of your retirement planning?

I don't really, but I could very reasonably do so. My current house is fully paid off and is in a HCOL town with excellent schools. I don't need the schools any more, and moreover the house is too big and not (in the very long term) retirement friendly. It has steps, it has a yard to take care of, e...
by Da5id
Fri Nov 24, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 79
Views: 4793

Re: Why does everyone keep increasing their international stock %?

I'm a fan of having at least some international. I'm at 1/3 of my stocks Int'l, a specific choice I can't really defend as opposed to say 40% or market weight, but that I personally regard as better than 0%. But IMHO maybe in some cases it is belief in the literature about the benefits of internatio...
by Da5id
Thu Nov 23, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 92
Views: 5594

Re: Larry Swedroe: Managing Risk With Factors

I truly do wish factor investing was logically consistent, and didn't try co-opt the notion of diversification. I think factors have something to them, though I haven't drunk the koolaid enough to do anything about them. But this usage bothers me too. I had an interaction with Larry before he left ...
by Da5id
Wed Nov 22, 2017 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 4893

Re: Advice to become wealthy

Grey Poupon?
by Da5id
Tue Nov 21, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Yeah, that's above what they'd be paying in fees. I had a plumber offer me $50 off if I paid in bills instead of check. His reason was that it was Friday and they weren't going to be done until late so this way he could give his guys some cash for the weekend. I had my doubts, but $50 to take a sho...
by Da5id
Tue Nov 21, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 61
Views: 3811

Re: Best vehicle for seniors?

As a separate issue from the safety features make sure the car is easy to enter and exit. My parents found their luxury sedan was too low to the ground as they got less flexible, but that their Rav4 was much easier to enter/exit. They also found the level of the Rav4 trunk, higher than a sedan, made...
by Da5id
Tue Nov 21, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I know of one gas station in my area that has separate prices for cash vs credit (and there is no "asking" for it, it's just different prices). I know of zero businesses which enable cashiers to drop 2-3% off the prices because someone asks them to when they are paying cash. I don't know of any nat...
by Da5id
Tue Nov 21, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 39
Views: 2626

Re: TaxAct and alternatives

Monster99 wrote:
Tue Nov 21, 2017 9:06 am
Just purchased HR Block Deluxe + state for $29.95. I usually wait until January, but this year my brother wanted to get started early.....
I've not used the HR Block Deluxe. Do they in any way push you towards the brick and mortar H&R Block stores?
by Da5id
Tue Nov 21, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 39
Views: 2626

Re: TaxAct and alternatives

I used TaxAct for several years. Since 2015, I've been with HR Block because TaxAct became more expensive. No State Income Tax for me, which may change the costs between the two options. I think I paid $28 this year for HR Block I'll look into that. I need to file in 2 states every year (K1s from l...
by Da5id
Tue Nov 21, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

There are lots of people (including in this thread) who will argue that they don't spend any more when they use cards (and in fact get rewards back.) There are also doctors who say pharma advertising doesn't affect what they prescribe. But for some reason pharma just keeps sending out the drug reps...
by Da5id
Mon Nov 20, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains now, avoid ACA cliff later?
Replies: 8
Views: 881

Re: Pay capital gains now, avoid ACA cliff later?

I plan on retiring in two years at 55. I have $400k in unrealized capital gains on $1000k. Should I increase the basis now, pay the capital gains now(and IL state tax), and avoid the ACA cliff later? I plan on living off taxable accounts from 55-65. I also have $1000k in 401k, pension, IRAs. Single...
by Da5id
Mon Nov 20, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 39
Views: 2626

Re: TaxAct and alternatives

I want as little as my very personal data as possible on peoples servers Do services like TaxAct store your data online anyway when you submit from the downloaded/desktop version? I thought I read at one point that some do. Anyway, I got an offer today to lock in a 30% discount on TaxAct Plus -- $1...
by Da5id
Mon Nov 20, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 39
Views: 2626

TaxAct and alternatives

I got TaxAct plus downloadable version last year for $28, which I was OK with. I just got an offer from them for this year for a special Cyber Monday sale of $43.40 for the same product. Hmm. The online versions are cheaper, but I have a moderate prejudice against using the online versions, I want a...
by Da5id
Mon Nov 20, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 742

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

I too was thoroughly unimpressed by Nassau. Should have stayed on the Disney boat IMHO. It was kind of grubby and not memorable. I disagree. It's all about going out of your comfort zone and exploring. We throughly enjoyed the downtown area, queen's castle and just exploring the city in the limited...
by Da5id
Mon Nov 20, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 742

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

motorcyclesarecool wrote:
Sat Nov 11, 2017 9:47 pm
If I had it to do over, I would have enjoyed the ship's amenities instead of doing anything in Nassau.
I too was thoroughly unimpressed by Nassau. Should have stayed on the Disney boat IMHO. It was kind of grubby and not memorable.
by Da5id
Mon Nov 20, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

It makes me wonder just a tiny bit about those on this thread proud of their CC rewards. Of course, some of them are assuredly the Really Clever People who Beat the Odds. Much like some stock pickers really are Warren Buffets. Excessively snarky IMHO, and I'm on the side of believing that CCs likel...
by Da5id
Mon Nov 20, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Full disclosure: I buy index funds and use rewards credit cards. So, to the degree any of the above reads like calling out of hypocrisy, please know it is intended as a self-reflection of a point of cognitive dissonance, not self-satisfied smarm! I use reward cards but have no illusions that I'm im...
by Da5id
Mon Nov 20, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

There have been various, divisive, threads on this topic in the past. Very little good comes from them other than arguments. Having been well-involved in those arguments before, I won't again. Yeah, I got sucked in by the click bait nature of these threads. "You won't believe 5 things Dave Ramsey s...
by Da5id
Mon Nov 20, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4624

Re: Is investing with Vanguard a tragedy of the commons?

OP may have a point but not losing sleep over it. I think that there is a theory that large investors who pay attention should be active in corporate direction/governance. If you own 20% of a company, these can be a big deal to you. You can sway who gets on the board, be a deciding factor in whether...
by Da5id
Mon Nov 20, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13050

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I'm not a fan of Dave Ramsey. Once heard a clip of him ranting about something, that is my only direct exposure. I think that was enough. That said, he has somewhat of a point. e.g. have a look at this article (and the linked studies): https://www.psychologytoday.com/blog/the-science-behind-behavior...
by Da5id
Sat Nov 18, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2637

Re: Risks of Non-ACA Compliant Health Insurance?

It's probably hard to run up $1M in costs in just 6 months, but I guess it's possible. It's not hard at all if you have a premie with birth defects. Or the whole family is in a car accident. OP said the policy was per person, so a car crash is no worse for the whole family in terms of coverage than...
by Da5id
Fri Nov 17, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

If retirees truly feared running out of money more than death, then why aren't more buying guaranteed income through vehicles such as SPIAs? They might not guarantee a certain standard of living, but they do guarantee that you'll never run out of money. Why should I believe in the guarantee given b...
by Da5id
Fri Nov 17, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6190

Re: Should you own only non-U.S. stocks?

<ironic>Might as well only own non-US stocks. The foreign companies sell to the United States, that gives you plenty of exposure to the US market.</ironic>
by Da5id
Fri Nov 17, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2637

Re: Risks of Non-ACA Compliant Health Insurance?

Over the decades, in many types of plans - it has been my experience that I have never encountered a Physician in the HMO network that I believed or experienced that was any more "mediocre" (or worse) than in other plans. I think that most doctors in the US are fine for most purposes. That said, it...
by Da5id
Fri Nov 17, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2637

Re: Risks of Non-ACA Compliant Health Insurance?

Do you mind if I ask why you insist on a PPO plan if you are all healthy with no pre-existing conditions? This. For most healthy people with low expected health care expenses, an HDHP with HSA is cost effective EVEN IF you experience a serious health problem. HDHP with HSA can be a PPO, so your mea...
by Da5id
Fri Nov 17, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

The initial chance of success was precisely 94.9%, not 100%. If the original calculation gave a 100% success rate it would mean there is no risk of a failure. However since the success rate was 94.9%, that gives us a 5.1% chance of the strategy failing. People say things like this, but they are rea...
by Da5id
Fri Nov 17, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

Suicide is a crime in many states. Promoting criminal activity is a no-no on many discussion forums, but I don't know about this one. I'm too new. If you think a post violates the forum policies, click the little ! button to flag it and a moderator will investigate and decide. I don't think there i...
by Da5id
Fri Nov 17, 2017 7:30 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

It's illogical because if you ran out of money, you could just end your life. If you fear living with no money more than death, then you should choose the latter. I don't say this to be morose; it's just logical. I think that should be up there in the pantheon of spending plans 1) 4% rule (OK, not ...
by Da5id
Thu Nov 16, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

I just see little, if any, benefit of the VPW method over a more-or-less fixed percentage withdrawal plan. By definition, these also have a 100% success rate, though the withdrawals could become low in later years if the sequence of returns is very poor. I'm not sure what spending plan I'll be usin...
by Da5id
Thu Nov 16, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Complaint Escalation [at Vanguard - how to?]
Replies: 6
Views: 1081

Re: Complaint Escalation [at Vanguard - how to?]

Does anyone know how to escalate a complaint at Vanguard and talk with someone other than their Flagship representative? I have already tried him and I also sent a letter by snail mail to the CEO that was just replied to with a standard fairly vacuous non-responsive form letter suggesting I contact...
by Da5id
Thu Nov 16, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

Still waiting for the first Boglehead thread to claim an negative withdrawal rate is unsafe because it causes an increase in taxes. Distracting animated gif removed by Mod Mel. (They're not allowed.) If it weren't for beating dead horses (4% rule, international or not, home ownership, etc) what wou...
by Da5id
Wed Nov 15, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

I also have a few friends who have rentals and I agree that it might be a good income source in retirement. But I consider managing rentals as a part-time job and I don't want to do that. I still remember one of my friends asked me to help him rent a truck and move a new refrigerator into his renta...
by Da5id
Wed Nov 15, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

If 25x is "VASTLY more money than overwhelming majority will ever have", what does 3% imply? What is your point? 10x annual expenses is also VASTLY more savings than the overwhelming majority will have in the US (not talking Bogleheads here). Most retire on their social security and not a ton of ad...
by Da5id
Wed Nov 15, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

my simplistic plan is to retire with more than i would ever need - say, a 2.5-3% withdrawal rate based on a moderately exaggerated budget - and just prudently draw down as i go... That works too but understand you are now essentially applying 2% guideline to your realistic expense budget. You can a...
by Da5id
Wed Nov 15, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1103155

Re: U.S. stocks in freefall

Sorry everyone. I thought for sure my bi-weekly 401k money going in yesterday would boost the market. This must be the first red day my money actually went in on in six or eight months. Don't worry though, next year I'll be able to max out my 401k for the first year ever, and max out two Roth IRAs....
by Da5id
Wed Nov 15, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: 529 Plans - At what age do I move to conservative?
Replies: 24
Views: 1753

Re: 529 Plans - At what age do I move to conservative?

[Edited to update my thoughts a bit] Not sure I totally agree with dialing it back to the conservative setting at 14-16. That gets you to 0% stock, not much inflation protection (and higher ed inflation may be more than CPI) even though you are mostly there. Moderate age based has you at 20% stocks ...
by Da5id
Tue Nov 14, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

Still waiting for the first Boglehead thread to claim an negative withdrawal rate is unsafe because it causes an increase in taxes. Distracting animated gif removed by Mod Mel. (They're not allowed.) If it weren't for beating dead horses (4% rule, international or not, home ownership, etc) what wou...
by Da5id
Tue Nov 14, 2017 2:58 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 9
Views: 733

Re: How to Follow a Post

Da5id, Where is the little wrench dropdown menu? It is not anywhere on my screen. It seems to me that there was a place at the bottom of a post, as late as yesterday, where you could subscribe or unsubscribe but it is not there today. Before you reply please look at your screens and see if everythi...
by Da5id
Tue Nov 14, 2017 2:47 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 9
Views: 733

Re: How to Follow a Post

Da5id, Where is the little wrench dropdown menu? It is not anywhere on my screen. It seems to me that there was a place at the bottom of a post, as late as yesterday, where you could subscribe or unsubscribe but it is not there today. Before you reply please look at your screens and see if everythi...
by Da5id
Tue Nov 14, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 874

Re: P/E ratio only 18??

privatefarmer wrote:
Tue Nov 14, 2017 1:44 pm
S/p 500 P/E ratio now at 18?? Wasn't it JUST in the lower to mid 20s? And market has only been going UP??? Why Is nobody talking about this?? "Nobody knows nothin"
Source? http://www.multpl.com/ says it is 25.68.
by Da5id
Tue Nov 14, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

To ALL: In the OP example, which was used in several places, some people wanted to show that when person A and person B (Test A and Test B), with the same portfolio and same spending level, which person B, retired in 2018, will fail according to the 4% rule, while person A, retired in 2017, will su...
by Da5id
Tue Nov 14, 2017 1:27 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 9
Views: 733

Re: How to Follow a Post

tomd37 wrote:
Tue Nov 14, 2017 1:22 pm
I don't see a way to follow a particular post. Is there a way and is it working today?
You can subscribe or bookmark a topic. See the little wrench dropdown menu?
by Da5id
Tue Nov 14, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 186
Views: 12940

Re: The 4% rule DOES fail but still makes sense!

In a historical periods model there are perhaps a hundred periods so plus or minus one means nothing,including that 100% success is meaningless. Can you explain why there are only 100 periods? Is it because one only has data for a single point in a year? What if one had data for every quarter or be...
by Da5id
Tue Nov 14, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: What is all the recent talk about a bond bubble?
Replies: 22
Views: 2309

Re: What is all the recent talk about a bond bubble?

I-bonds (current composite yield 2.58%) are also competitive with treasuries/CDs... I-bonds do have limitations, but they are a fair enough deal these days despite the 0.1% fixed component of the rate.
by Da5id
Tue Nov 14, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1777

Re: Passive investing is a 'chaotic system' that could be dangerous?

I'm fairly new to index investing with bogleheads advice. Wondering what your thoughts on this article are... https://www.cnbc.com/2017/11/14/robert-shiller-passive-investing-is-a-dangerous-chaotic-system.html Schiller is a smart guy, no doubt about it. But I don't get the issue. If too many people...