Search found 382 matches

by SimplicityNow
Sat Feb 24, 2018 1:15 am
Forum: Local Chapters and Bogleheads Community
Topic: Any interest in forming Local Chapter on Long Island NY?
Replies: 28
Views: 5960

Re: Any interest in forming Local Chapter on Long Island NY?

I guess it is a little surprising.

Although as a small data point, there are very few people I know on LI who are Bogleheads.

Most prefer to be mindless and fill the wallets of financial "advisors".
by SimplicityNow
Fri Feb 23, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2558

Re: Guaranteed 2% return?

The best 5 year CDs are paying 3% according to www.depositaccounts.com. That is before taxes.

Depends on your tax situation whether it is worth it.

If it was me, I'd just pay it now.
by SimplicityNow
Fri Feb 23, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and invest in this market?
Replies: 36
Views: 2373

Re: Should I bite the bullet and invest in this market?

I opened an account with Vanguard with the intent of buying their mutual funds. (Namely total stock, total international, and some bond funds) I have had about $450k sitting in cash for too long and naturally have missed out on this great bull market. A few weeks ago I invested $35k in the total st...
by SimplicityNow
Fri Feb 23, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: When Stocks and Bonds Fall
Replies: 24
Views: 1289

Re: When Stocks and Bonds Fall

If your horizon is long term then, in my opinion, there is no reason to avoid Total Bond Index or Intermediate Bond Index. We are fortunate in that we have access to several good stable value funds that compose a good percentage of our fixed income assets. PS I enjoy Nisiprius' graphs, charts, expla...
by SimplicityNow
Tue Feb 20, 2018 11:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Any interest in forming Local Chapter on Long Island NY?
Replies: 28
Views: 5960

Re: Any interest in forming Local Chapter on Long Island NY?

Mel Lindauer wrote:
Mon Feb 19, 2018 11:00 pm
Let me know via PM if someone wants to step up and agree to be the Local Chapter Coordinator and I'll get your group established.
Thanks Mel.

Let's see if we get some additional interest. Right now we only have 4 and 1 of those 4 doesn't want to travel west ;)
by SimplicityNow
Tue Feb 20, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 450
Views: 35519

Re: What frugal thing did you do today?

Baked my own bread. Been doing it for months. Much tastier, less ingredients then store bought and I'm sure it is cheaper.
by SimplicityNow
Sun Feb 18, 2018 5:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Any interest in forming Local Chapter on Long Island NY?
Replies: 28
Views: 5960

Re: Any interest in forming Local Chapter on Long Island NY?

Reviving an old thread.

Any interest in forming a Long Island Chapter?

I'm in Suffolk but I think if we get a mix of Nassau and Suffolk members we could rotate between the two locations.
by SimplicityNow
Sun Feb 18, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6757

Re: Sell me on the benefits of an emergency fund

I have made several posts on this forum pointing out that I think "Emergency fund" is a poor label given to "Cash Reserves". In a true emergency, your entire net worth becomes your "emergency fund". I am not going to have my family live under a bridge while I have seven figures sitting in an IRA, b...
by SimplicityNow
Thu Feb 15, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9413

Re: Can someone help me explain to my wife...?

If you want us to help explain, have her read this thread.

I'm sure most would be willing to answer any questions she may have.
by SimplicityNow
Tue Feb 13, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11164

Re: Did you learn anything from the market correction?

To the OP. I learned that people, including people on our forum, don't really know as much as they should . Many ask a question or two, listen to the few responders on their thread, pick their AA based on that and then are off to the races. I don't believe a 10% drop over a two week period is a test...
by SimplicityNow
Fri Feb 09, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Started first big investment 2 weeks ago - Sell quick?
Replies: 29
Views: 1854

Re: Started first big investment 2 weeks ago - Sell quick?

I can appreciate it is a big loss on paper for you. To put it in perspective realize that others lost, 6 and 7 figures of gains in the past two weeks. I suggest you educate yourself. Read "Your Money and Your Brain" by Jason Zweig. You will learn why people think what you are thinking now. Once you ...
by SimplicityNow
Fri Feb 09, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Allegedly worst week since 2008: Time to revisit AA?
Replies: 10
Views: 1140

Re: Allegedly worst week since 2008: Time to revisit AA?

We are in mid 30s but have a 50/50 AA due to being pretty risk adverse and just for easy math. So far it's been working for us, but recent stock downturn has us thinking. I just read this could be the worst week since 2008. Shouldn't be a factor in your asset allocation, Back then we did have money...
by SimplicityNow
Wed Feb 07, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 4002

Re: Retired or close to it -- what do you hold in bond portion?

Recently retired. Spouse is 2 1/2 years away from retirement.

Our 40% of fixed income assets is divided among 3 stable value funds, vanguard total bond index fund, some other index bond funds and a small percentage in inflation linked bonds.
by SimplicityNow
Tue Feb 06, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7156

Re: Stay the course?

Newbie investor here and never had to deal with the market tanking like yesterday. I have a target date 2045 fund so it’s pretty much 90/10, but we are about 25 years away from retirement. Am I supposed to just leave it alone and don’t tinker with it or is a target date fund this heavy in stocks a ...
by SimplicityNow
Tue Feb 06, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7156

Re: Stay the course?

On days like today, I like to look at 2 related things: 1. My cost basis for my investments, and/or 2. What price I purchased my investments and the dividend record of them. I don't understand why people say to ride it out. If I can sell now and still realize gains, watch the market drop further (s...
by SimplicityNow
Tue Feb 06, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Disney Cruise Shore Excursions
Replies: 11
Views: 838

Re: Disney Cruise Shore Excursions

We took the same cruise way back in 2009 with our kids. If you are arriving in Port Canaveral the day before, you can stay in one of the hotel by the port (I think we stayed in a Raddison but its been a while) that allows you to leave the car there for free and has shuttle bus service (also free) to...
by SimplicityNow
Mon Feb 05, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course? Edited to Staying the course!
Replies: 22
Views: 2179

Re: Stay the course?

Advice, please- Finally invested part of my non-retirement saving in the market 2 weeks ago. I know that the general advice is to try to avoid market timing and play the long game. But now I am at a loss of what to do. I invested $10,000 into VTSAX and $8000 into VGTSX. I am a total newbie and like...
by SimplicityNow
Mon Feb 05, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Should I use the NYC 457 (DCP)?
Replies: 6
Views: 349

Re: Should I use the NYC 457 (DCP)?

The equity index fund looks fine. The bond fund with a ER of .17 is not horrible. Even the international fund's ER isn't terrible. The past two aren't ultra low like Vanguard funds, but they are better choices then many have. If you have the extra dollars to fund it in addition to your 403b it might...
by SimplicityNow
Mon Feb 05, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Would this be a bad idea?
Replies: 4
Views: 597

Re: Would this be a bad idea?

If the bond fund is going to be held past the 7 years mark then you are fine to leave it as is. Changing asset allocations because you think the market has dropped, is about to drop, etc. is market timing. To do well with market timing you have to be right twice. Once when the market reaches a top a...
by SimplicityNow
Mon Feb 05, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: 26yr old - Check Up - How am I doing?
Replies: 9
Views: 1437

Re: 26yr old - Check Up - How am I doing?

You guys are killing it for your age. Not many 24-26 year olds have this kind of awareness of their finances. I certainly didn't. I was 34 before I started to pay attention like this. Great work! I would not contribute to a taxable account though for savings for things like vehicles or house down p...
by SimplicityNow
Sun Feb 04, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: What is the best place to buy pet food online?
Replies: 28
Views: 2045

Re: What is the best place to buy pet food online?

I used to use Chewy. Petsmart purchased them and the pet food brand I used won't sell to the big pet stores so I had to find another supplier.

Still buy my pets snacks from them.
by SimplicityNow
Sun Feb 04, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Why did BND drop with no interest rate increase and what's in store short term?
Replies: 19
Views: 2060

Re: Why did BND drop with no interest rate increase and what's in store short term?

I'm wondering why total bond index fell so much lately even though the fed didn't raise rates? Iv heard expectations are priced in, but wasn't it predicted rates would remain unchanged? Also.. Will total bond bounce back a little in your opinion before the next hike end of march? Then drop again? I...
by SimplicityNow
Sun Feb 04, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Need some advice on my financial situation
Replies: 21
Views: 1372

Re: Need some advice on my financial situation

Me: 28/F Status: Single Kids: None Salary: $120K 401K: Employer match but not more in Vanguard target date fund Roth IRA: Maxed for 2017 100% in VOO Debt: None, paid off the last of my student loans last year (YAY!) Housing: Rent ($2.5K/month) VTSAX: $20K VTIAX: $15K Vested employer stock: $60K MSF...
by SimplicityNow
Sun Feb 04, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 13691

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I think you are missing my point. I am not saying the US market would not come back after a 50% drubbing. It has, twice in very recent memory. What I am saying is that such a severe downturn, accompanied by withdrawals from the portfolio in early retirement is at best alarming, at worst can lead to...
by SimplicityNow
Sun Feb 04, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 331
Views: 57283

Re: Retreat to cash

i hope OP eventually returns to tell us whether they got back into the market or is still waiting for the crash. So she can be tarred and feathered? I'm at 25.82% one year return in my portfolio and that's counting the big drop the last week. This thread should be a sticky. No not tarred and feathe...
by SimplicityNow
Sun Feb 04, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Reallocation Help
Replies: 5
Views: 300

Re: Reallocation Help

I am 41 years. I am currently implementing the three fund portfolio with my company 401K through Fidelity. I will list the funds and percentages allocated to each. BlackRock Equity Index Class 1 (53%) Fidelity Mid Cap Index Fund (FSCKX -5%) Fidelity Small Cap Index Fund (FSSVX - 5%) BlackRock EAFE ...
by SimplicityNow
Fri Feb 02, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1766

Re: Getting out of bond funds?

Alan Greenspan? The man who missed the call on the housing "bubble"?

I wish these guys would stop making predictions. I think it influences too many and not always for their benefit.

His crystal ball isn't clearer then anyone else's.
by SimplicityNow
Fri Feb 02, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 1955

Re: Different ways to achieve 50/50 AA & question on staying the course.

My IRA is divided among three Vanguard funds: VTVXV Vanguard Target Retirement 2015: 163k Roughly 70% stocks/ 30 % bonds VSMGX Vanguard LifeStrategy Moderate Growth Fund 111k 60% stocks. 40% bonds VSCGX Vanguard LifeStrategy Conservative Growth Fund 32k 40% stocks/ 60% bonds Thanks for your comment...
by SimplicityNow
Fri Feb 02, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Factors that Mitigate the Need for Emergency Fund
Replies: 17
Views: 1160

Re: Factors that Mitigate the Need for Emergency Fund

Jonathan Clements, author and Wall Street Journal columnist said at the last Bogleheads Conference he thought of an emergency fund as an unemployment fund. Its purpose to tide you over in case of a job loss. So he felt anyone who was retired didn't need one. Christine Benz from Morningstar stated (a...
by SimplicityNow
Thu Feb 01, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Is Jack Bogle an advocate of DCA vs Lumpsump?
Replies: 2
Views: 458

Re: Is Jack Bogle an advocate of DCA vs Lumpsump?

I was reading his book, Bogle On Mutual Funds and in second chapter pg 31-33, he mentions the advantages and the effects of compounding added with the fact that purchasing shares (ETF / MF's ) at variable rates (due to ups / downs) has greater returns rather than just lumping X into the market in 1...
by SimplicityNow
Thu Feb 01, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 6
Views: 603

Re: Portfolio advice

A quick mental calculation shows your asset allocation is about 50%stock/50%bonds. You mention you want to go more conservative. Your income streams through pensions and SS more then cover present expenses and that is before including full SS in one more year. The question then becomes what is the p...
by SimplicityNow
Thu Feb 01, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 1955

Re: Different ways to achieve 50/50 AA & question on staying the course.

I just read your follow up posts. If you are decided on a 40% stocks/60% bonds asset allocation then Life Strategy Conservative Growth is a good choice. No work on your part, more conservative approach which I think suits you.
by SimplicityNow
Thu Feb 01, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 1955

Re: Different ways to achieve 50/50 AA & question on staying the course.

Hello and thanks in advance for your advice. I am puzzled about the different paths to achieve my desired 60/40 AA. I am retired, age 67. I have tried to pose this question before but not perhaps worded correctly, because the answer I got was more about how much I could take from my IRA. My IRA is ...
by SimplicityNow
Thu Feb 01, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Finally going to invest, brother is FA
Replies: 89
Views: 6614

Re: Finally going to invest, brother is FA

Investing through your brother is a bad mistake. The reasons have been detailed in the posts above. It is the equivalent of taking a portion of your money and giving it to your brother every year. If that is what you want to do then just write him a check every year. Don't forget to increase the siz...
by SimplicityNow
Tue Jan 30, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Stable Value Fund Classification
Replies: 11
Views: 956

Re: Stable Value Fund Classification

For asset allocation purposes I count it as a fixed income asset along with bonds.

My cash (money market, savings accounts, CD) comprise my emergency fund which is separate from my asset allocation at the present time.
by SimplicityNow
Tue Jan 30, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on breakdown?
Replies: 2
Views: 337

Re: Thoughts on breakdown?

I'm in the process of selecting the best accounts for me and would like feedback/thoughts, if possible: Age: 60 Single Own two homes, no debt On a budget to limit all spending to $60k/year No medical expenses Planning to delay Social Security until 70 I have $1MM in cash looking to invest. I'm cons...
by SimplicityNow
Tue Jan 30, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 4594

Re: Does anyone not rebalance?

Our IPS says we rebalance once a year in January if we are plus or minus 5% from our AA. Last year as I got closer to retirement and my pension, we re-evaluated our investment strategy. The fact that my spouse continues to work along with my pension (which I started collecting in October) made us re...
by SimplicityNow
Mon Jan 29, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: goals met, anticipating a major correction, how can we freeze pensions?
Replies: 4
Views: 640

Re: goals met, anticipating a major correction, how can we freeze pensions?

We are in our early 50s, still working , worked for 30 years. Looking to get out. Our pension goals are met and we are anticipating a major crash.. like from 30k to 15k in a year. Not sure what you mean? Are you referring to how much per year your pension would pay? Not looking to get greedy, but i...
by SimplicityNow
Mon Jan 29, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Overlap of Funds
Replies: 5
Views: 419

Re: Overlap of Funds

Although we are allocating our retirement funds into the Vanguard Retirement Income Fund, we have considered splitting between this fund and Wellesly Income Fund. I am not expert enough to determine the overlap or the benefit of combining these 2 funds. WE favor the VG Retirement fund due to its 30...
by SimplicityNow
Sun Jan 28, 2018 12:54 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.
Replies: 65
Views: 4557

Re: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.

Any financial advisor can show you a graph, chart, slides etc and present a compelling case for what he wants you to do. You state you know what he wants (your money) but you are going to believe his argument anyway? Have you visited the website www.earlyretirementnow.com and looked through the char...
by SimplicityNow
Sat Jan 27, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Recommendation for daughter
Replies: 5
Views: 489

Credit Card Recommendation for daughter

My daughter graduated college over a year ago which was followed by minimal paid internships. She has been gainfully employed for the past 6 months, moved out, shares an apartment with her friend and pays her own bills. She has been an account holder on one of my credit cards for the past 6 years. S...
by SimplicityNow
Fri Jan 26, 2018 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Cash heavy portfolio
Replies: 28
Views: 2549

Re: Cash heavy portfolio

First you need to realize that whatever way you want to phrase it or couch your words. You're market timing. To put it bluntly: You have been wrong the past ten years, why do you think you are right now? Until you learn that you really don't know any better then anyone else about what the market is ...
by SimplicityNow
Thu Jan 25, 2018 5:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4122

Re: Happy Birthday, Taylor!

Thanks for the great advice and for making this forum as great as it is!

Happy Birthday! Enjoy it.
by SimplicityNow
Thu Jan 25, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking About Timing the Market
Replies: 75
Views: 5664

Re: Thinking About Timing the Market

In November of 2016 there was a poster who went 100% cash because she felt the market was due for a "significant decline".

She sold at these values:

Dow: 19,900
S&P: 2260
NAS: 5441

Hope you make out better then she did.
by SimplicityNow
Thu Jan 25, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6049

Re: Your bond allocation when you were 48

At 48 was about 60% in fixed income assets. Mostly Stable Value Funds.
by SimplicityNow
Thu Jan 25, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 237
Views: 20624

Re: In what ways could BogleHeads be badly wrong ?

Of course SWAN is based in emotion but so are most of our decisions in life. People who are more emotional about other topics will tend to be emotional about investing and make their decisions accordingly. I think that phrase used here can be translated into a more conservative philosophy. Less stoc...
by SimplicityNow
Thu Jan 25, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: I am adjusting my portfolio, can I get sanity check, please?
Replies: 9
Views: 954

Re: I am adjusting my portfolio, can I get sanity check, please?

No one "knows" what returns will be, let alone real returns. A lot depends on over what term you expect those terms? 10 years, 20 year 40 years? Many here would say that using 5 percent real for stocks and 2% for bonds is being very optimistic over the next 10 years. Over a longer period of time the...
by SimplicityNow
Wed Jan 24, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"
Replies: 35
Views: 5231

Re: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"

Oh boy, did Tim change his mind already? Yesterday someone said "I heard on CNBC that CEO of Vanguard Tim Buckley saying investors can expect around 6% returns next 10 years or so, in a balanced portfolio of 60/40 type" https://www.bogleheads.org/forum/viewtopic.php?f=10&t=238867 Is one or both of ...