Search found 643 matches

by Mr.BB
Wed Dec 05, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisor Compensation Mechanisms
Replies: 9
Views: 748

Re: Financial Advisor Compensation Mechanisms

Fees will vary with every company. It's the one's you don't even think about that will add up. I think Edward Jones will charge you $2.00 a transaction for dividend distribution (even if it is back into your own account). Imagine having to pay someone for something that should be done automatically.
by Mr.BB
Mon Dec 03, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Could use some advice for balancing/simplifying portfolio
Replies: 10
Views: 841

Re: Could use some advice for balancing/simplifying portfolio

I'm glad to see you had a emergency fund to start with. Some people question the need for one; better safe than sorry.
by Mr.BB
Sat Dec 01, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: The BIG question - Asset allocation in retirement
Replies: 17
Views: 1799

Re: The BIG question - Asset allocation in retirement

Wade Phau (www.retirementresearcher.com) also feels that you should be heavy into bonds at the beginning of your retirement (to avoid any large portfolio losses) and then slowly start increasing your stock allocation as you get older to help reduce the chance of running out of money. I believe his b...
by Mr.BB
Sat Dec 01, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Need help understanding our global bond fund
Replies: 2
Views: 254

Need help understanding our global bond fund

Last year I asked about this fund, and I wanted to do a follow up with it. It is through my wife's 401k. Here are it's component and my questions regarding it. I appreciate all the help and feedback! Global bond index 70% BTC US DEBT INDEX FUND CL 30% Vanguard Total Intl Bond Index (Institutional) (...
by Mr.BB
Thu Nov 29, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Father seeking advice: how to support?
Replies: 9
Views: 1245

Re: Father seeking advice: how to support?

I am a big fan of information. Until you get detailed information regarding how the annuity is paying out, fees, buyout information and the cost of the financial planner I would talk with your dad and say lets approach this as a informative meeting. Make sure the planner knows you are not going to s...
by Mr.BB
Wed Nov 28, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3438

Re: How do value the cost of commuting?

greg24 wrote:
Wed Nov 28, 2018 4:11 pm
unclescrooge wrote:
Tue Nov 27, 2018 10:04 pm
I'm very grateful for all of your responses. My eyes have been opened and disaster has been averted! :D
Great to hear! You have "enough", so you should enjoy your life. :sharebeer
Excellent! Now go take your wife and kids out to dinner to celebrate! :sharebeer
by Mr.BB
Wed Nov 28, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 44
Views: 2737

Re: Do Fidelity Offices/Advisors Add Value?

I remember about 5-6 years ago I went to my bank to get a medallion to move money to get Fidelity's Low Price Stock fund ( I can't remember why I needed the medallion). Anyway, it really wasn't a problem getting it, aside from dealing with a banker, who when we were filling out the paperwork and I t...
by Mr.BB
Wed Nov 28, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8724

Re: How did YOU choose your career?

depressed wrote:
Tue Nov 27, 2018 9:57 pm
I was a skydiving instructor. I just kind of fell into it.
:D LOL
by Mr.BB
Wed Nov 28, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19780

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Alex, step back and look at the overall picture. If you are 50 and over you should have a completely different outlook than if you are in your 20's or 30's. If you are in 20's or 30''s you need to think about the next 30 years; not the next 6 months. Do you think the market will be doing better than...
by Mr.BB
Wed Nov 28, 2018 6:23 am
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3438

Re: How do value the cost of commuting?

When you get ready to retire and you look back on your life, working career and home life. Would you have wished you have spent more time with your kids and family, or in traffic?
by Mr.BB
Sat Nov 24, 2018 8:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 551
Views: 64737

Re: Post your Financial Milestone Announcements Here

On Thanksgiving Eve, I finally saved enough to pay off my mortgage! It was an exhilarating moment and is the conclusion of a goal that I set for our family in the beginning. This site has provided consistent motivation for me and I’m eternally greatful for all who post. On to the next goal! Congrat...
by Mr.BB
Fri Nov 23, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Self-Directed Brokerage Option for 401(k)
Replies: 9
Views: 450

Re: Self-Directed Brokerage Option for 401(k)

I try to minimize any type of rebalancing I do through there to avoid that $75 charge.
by Mr.BB
Fri Nov 23, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Self-Directed Brokerage Option for 401(k)
Replies: 9
Views: 450

Re: Self-Directed Brokerage Option for 401(k)

My wife's 401k I set up a direct brokerage accout. Anytime I open a new fund that's not through fidelity it's $75 for the set up, and if I move money out of one of the funds it's going to cost $75 to move it to a neutral spot cash holding area first, and then there is $75 if I move it to one of the ...
by Mr.BB
Thu Nov 22, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: What to do when you have Less than 100K ? say just 50k
Replies: 36
Views: 4036

Re: What to do when you have Less than 100K ? say just 50k

It sounds like you still have a day trader mentality; You're looking for the quick return. Stop thinking short-term, think 30 years out. Get a online calculator and figure out if you did monthly deposits for 30 years at an average of 6 to 7% return how much money would you have. I bet it's a lot mor...
by Mr.BB
Wed Nov 21, 2018 4:39 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 551
Views: 64737

Re: Post your Financial Milestone Announcements Here

"I wish I would 10 younger with the knowledge I have now."

Don't we all!!
by Mr.BB
Sun Nov 18, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott & Roth Conversions
Replies: 45
Views: 3582

Re: Ed Slott & Roth Conversions

We were in the 25% tax bracket until recent tax cuts now where the 22% bracket. How much money would a person/ couple have to have in their Traditional 401k, SEP and Traditional IRA combined at retirement (let's assume in 10 yrs when tax brackets return to their original brackets, after these curren...
by Mr.BB
Fri Nov 16, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need a financial advisor?
Replies: 12
Views: 1286

Re: Do I need a financial advisor?

Do you have an emergency fund? If you do not, you should consider taking $10,000-$15,000 and putting it into a money market or some type of account (that you could easily access without penalty), for life's unexpected emergencies. FYI we belong to Alliant Credit Union and can earn 1.9% on a basic su...
by Mr.BB
Fri Nov 16, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Decide Future Investments
Replies: 15
Views: 1262

Re: TRYING TO DECIDE FUTUTRE INVESTMENTS

Common Sense Rule #1 If it sounds to good to be true, it probably is.
by Mr.BB
Fri Nov 16, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: New job, new 401k
Replies: 12
Views: 1228

Re: New job, new 401k

Do you think the market will be higher in the next 15-20 years? If yes, then don't worry about it. In fact since you have so much time left before retirement, you should hope for a good market downturn, so you can invest even more at the point.
by Mr.BB
Fri Nov 16, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9962

Re: Granddaughter needs $ help for university

If you choose to cosign I would first sit down with your granddaughter to make sure she understands the consequences if she defaults on the loan in the future. You having to pay back her bills, and any other ramifications. I would also have her show you her credit card bills. Has she been responsibl...
by Mr.BB
Fri Nov 16, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: One food I could never give up
Replies: 33
Views: 1813

Re: One food I could never give up

Pizza and chocolate
by Mr.BB
Thu Nov 15, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5309

Re: Oops! Edward Jones tops Vanguard in customer survey

It would of been great if with those original people survey, if after they rated their financial institutions they were asked if they knew how much they paid every year in fees? Would of been interesting to see who was more educated about fees.
by Mr.BB
Mon Nov 12, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: 20th Anniversary vacation ideas wanted
Replies: 29
Views: 1912

Re: 20th Anniversary vacation ideas wanted

squirm wrote:
Mon Nov 12, 2018 7:13 pm
Hawaii, wife and I do it every year.
Ditto +1
by Mr.BB
Mon Nov 12, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29286

Re: [Financial] Habits of the Rich

I am certainty not wealthy, but if you can focus on your long term (specific) goals, the odds will be better that you will achieve success, which should put you ahead of 90% of the people in this country. Focus on these basic rules: 1) Minimize debt 2) Track your expenses (everything including cash ...
by Mr.BB
Mon Nov 12, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Still spending too much on non-essentials
Replies: 38
Views: 2530

Re: Still spending too much on non-essentials

Sandtrap wrote:
Mon Nov 12, 2018 8:36 am
If it makes you or spouse happy and enriches your life, then it is essentially . . . essential. :happy
Well said!
by Mr.BB
Sat Nov 10, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6518

Re: Strategy during the last stock market decline

My wife's mega corp (which is our 401k), has limitations on fund trading. Can definitely exchange funds 3-4 x a year, but anymore then that they will limit exchanges.
by Mr.BB
Fri Nov 09, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6518

Re: Strategy during the last stock market decline

if your money is in a 401k they will not allow you to rebalance as much as you may want. If you try trading once a month they will probably slap on 90-day holding penalty if you try to trade frequently.
by Mr.BB
Fri Nov 09, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6518

Re: Strategy during the last stock market decline

if your money is in a 401k they will not allow you to rebalance as much as you may want. If you try trading once a month they will probably slap on 90-day holding penalty if you try to trade frequently.
by Mr.BB
Fri Nov 09, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1685

Re: Best Finance/Stock Market Films

Regular Movie - The Big Short
For documentary - The Retirement Gamble (here is the link) https://www.pbs.org/wgbh/frontline/film ... ent-gamble
by Mr.BB
Fri Nov 09, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1685

Re: Best Finance/Stock Market Films

Conch55 wrote:
Fri Nov 09, 2018 8:26 am
Trading Places, :happy
+1
by Mr.BB
Wed Nov 07, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11957

Re: If expenses are low, are some of us over saving?

Expect the worst, hope for the best. Always better to have a few extra bucks in your pocket.
by Mr.BB
Wed Nov 07, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10743

Re: This man can predict when bubbles burst: time to time the market?

The guy has this experiment going where he "releases" encrypted short-term predictions and reveals them 6 months later. According to the TED talk. The theory should allow short-term prediction of bubble crashes if it is true. Bubble formation is a bit longer term I think. Why encrypt anything? Just...
by Mr.BB
Wed Nov 07, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8295

Re: 1/3 of Baby Boomers have no retirement savings...

I would love to see a follow up with the specific people they interviewed originally in that study and see how they are 4-5 years later.
by Mr.BB
Wed Nov 07, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8295

Re: 1/3 of Baby Boomers have no retirement savings...

Yuck - who wants to work until 62+? Where's the chart for retiring at 55? :sharebeer :mrgreen: :beer Not everyone has the luxury of retiring early. And then there is a segment of workers that love what they do and have no desire to retire early. I guess everyone else falls in between those book end...
by Mr.BB
Wed Nov 07, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8295

Re: 1/3 of Baby Boomers have no retirement savings...

Yuck - who wants to work until 62+? Where's the chart for retiring at 55? :sharebeer :mrgreen: :beer Not everyone has the luxury of retiring early. And then there is a segment of workers that love what they do and have no desire to retire early. I guess everyone else falls in between those book end...
by Mr.BB
Wed Nov 07, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10743

Re: This man can predict when bubbles burst: time to time the market?

Thanks. It's an interesting idea. I wonder how it's held up in the past. Like most backtested theories, probably pretty well. The guy has this experiment going where he "releases" encrypted short-term predictions and reveals them 6 months later. According to the TED talk. The theory should allow sh...
by Mr.BB
Wed Nov 07, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10743

Re: This man can predict when bubbles burst: time to time the market?

Thanks. It's an interesting idea. I wonder how it's held up in the past. Like most backtested theories, probably pretty well. The guy has this experiment going where he "releases" encrypted short-term predictions and reveals them 6 months later. According to the TED talk. The theory should allow sh...
by Mr.BB
Tue Nov 06, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10743

Re: This man can predict when bubbles burst: time to time the market?

The key to market timing is that you have to get both ends of the equation right. Even if you got out at the peak, you still have to get back in at the bottom....hard to do both.
by Mr.BB
Tue Nov 06, 2018 6:56 am
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7123

Re: 2019 401(k) Contribution Limit

whodidntante wrote:
Fri Oct 26, 2018 6:28 pm
Only on Bogleheads would you find a question about next year's 401k limit in October.
+1 :D
by Mr.BB
Mon Nov 05, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18472

Re: Vanguard website "unavailable during weekend of Nov 3"

I did see now without logging on that they changed some of their descriptions / categories under the mutual funds.
For instance, they now isolated the categories of Emerging Markets and they also change the name of the gold fund and they also have a new manager for it.
by Mr.BB
Sun Nov 04, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18472

Re: Vanguard website "unavailable during weekend of Nov 3"

I cleared my browser cookies and logged on, I don't' see any difference. Are these changes for the brokerage platform? I didn't give them permission to switch me to that new one.
by Mr.BB
Sat Nov 03, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: Total expense of my portfolio
Replies: 4
Views: 521

Re: Total expense of my portfolio

Morningstar X-ray
by Mr.BB
Mon Oct 29, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 4988

Re: Should I co-sign for relative?

No...Rule #1...Family and money is never a good idea. I could understand if this relative was your own kid (my mother did it for me) What kind of car requires $900 a month? That in itself should be a warning sign. What it tells me is that this relative is more interested in status then responsibilit...
by Mr.BB
Mon Oct 29, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: What's the Problem with Broker Advice? It's not Advice.
Replies: 16
Views: 2106

Re: What's the Problem with Broker Advice? It's not Advice.

Rick Ferri wrote:
Mon Oct 29, 2018 6:42 am
As long as the conflicts of interest are disclosed, they are not an issue with regulators. But I wonder how many people actually read the fine print.
The same amount of people that read their car lease or car loan contract.
by Mr.BB
Mon Oct 29, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12784

Re: Am I doing well financially?

The main thing you want remember in the long run, the more you put in now has more value than money you put in 15 to 20 years later; thanks to compounding interest Make sure you max out your 401K especially if you get matching, take full advantage of that then work on your Roth's and taxable account...
by Mr.BB
Sat Oct 27, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7229

Re: How many miles (total) on car before buying another car ?

My 2002 Honda Civic EX went a little over 5 years and had a 137,000 miles on it when the gaskets went, wasn't worth the repairs so I got a new car. My 2007 Honda Civic EX was a beast, and went 10 years and about 270000 miles; traded in 2017. The last two- three years I did not have insurance on the ...
by Mr.BB
Fri Oct 26, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about staying the course
Replies: 33
Views: 4192

Re: Nervous about staying the course

I'll bet the reason you are paying more attention this time is that you have a lot more in savings then 10 years ago which means more assumed risk. Seeing $12,000 disappear in a day is much more stressful then if it was $1,200; yet the percent from.your total would be the same Sometimes it is more h...