Search found 63 matches

by ColoradoRick
Sat Sep 07, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: Rethinking the role of bonds in AA
Replies: 28
Views: 3320

Re: Rethinking the role of bonds in AA

If I were still in the working world I would do what several have said.....up my saving % 3-4%; may work 2 to 3 years longer. Nobody does know nothin'. Seems to be near universal consensus that stock returns will average 4% real returns. As above I think that's the way to plan. However, I live in Po...
by ColoradoRick
Thu Jun 20, 2019 1:12 pm
Forum: Personal Investments
Topic: Confused with the markets
Replies: 47
Views: 4481

Re: Confused with the markets

Honestly, I feel pretty certain that whatever course your sophisticated analysis leads you to take at this time, 15 years from now you will just wish you had put the whole thing in a two or three fund portfolio, lump sum, and forgot about it. This is also part of my internal battle. Even though I k...
by ColoradoRick
Fri Jun 14, 2019 8:13 am
Forum: Personal Consumer Issues
Topic: I read the memos of Howard Marks and Annual Letters of Buffett. Who else is worth reading?
Replies: 9
Views: 924

Re: I read the memos of Howard Marks and Annual Letters of Buffett. Who else is worth reading?

I agree with most of the posts here. I also am a big fan of Charlie Munger......he adds something to Warren Buffet like spices to a terrific dish. There is a book by Tren Griffin on Amazon called "Charlie Munger The Complete Investor." That and the Intelligent Investor by Benjamin Graham are my "cla...
by ColoradoRick
Thu May 23, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website fail at the propitious moment
Replies: 41
Views: 4383

Re: Vanguard website fail at the propitious moment

About 2 hours put in an order for a specific stock and it executed flawlessly.
by ColoradoRick
Tue Mar 12, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 16843

Re: Are Vanguard Mutual Funds dying?

I'll be the last one out of Vanguard mutual funds. I don't like it that ETFs can and do trade at a surplus/deficit to Net Asset Value (NAV) in times of turbulence. When investors panic and sell the ETF ends up below NAV. Instead of trying to buy the ETF then, I look for best of breed in the ETF and ...
by ColoradoRick
Sun Mar 03, 2019 5:19 pm
Forum: Personal Investments
Topic: Initial Portfolio Assessment - So Very Excited
Replies: 13
Views: 1770

Re: Initial Portfolio Assessment - So Very Excited

You are the one that has to sleep at night but your assets are way too conservative for me. Peter Lynch says more money has been lost by far trying to avoid the next recession than would have been made by staying in. Employment numbers and help wanted signs all point to continuation of robust job cr...
by ColoradoRick
Tue Feb 26, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 120
Views: 15694

Re: Tired of gas grills rusting out...

If you have a minimalist bent. Weber makes a small grill uses 16oz tanks has about a 1'x3' footprint. Retails around $199. Cast aluminum body painted colors with heavy steel grills. No cart, just put some boards in a corner of the deck and takes up hardly any space at all. Nobody eats 22ox Tbones an...
by ColoradoRick
Sun Feb 24, 2019 7:29 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 137
Views: 28165

Re: When do you notice the compounding at work?

Saving hard for about 12-13 years and in the fabulous 90s had 2 years where my account balance increase was more than what my salary was that year. That was nice. What makes us bogleheads so unique is that we stick it out. Until you get to 6 figures the compounding is barely noticeable. However loo...
by ColoradoRick
Sun Feb 24, 2019 5:52 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 137
Views: 28165

Re: When do you notice the compounding at work?

Saving hard for about 12-13 years and in the fabulous 90s had 2 years where my account balance increase was more than what my salary was that year. That was nice. What makes us bogleheads so unique is that we stick it out. Until you get to 6 figures the compounding is barely noticeable. However look...
by ColoradoRick
Fri Feb 22, 2019 10:33 am
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 3630

Re: Do you discuss BH philosophy with others?

Of course, I discuss BH philosophy with others. I also discuss politics which is even more fun. Religion is OK, too. All these make life interesting. I don't force anything on anybody, but if they want to ask questions and learn more, they know that help friendly discussion is available. And guess ...
by ColoradoRick
Fri Feb 15, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: How to live well in retirement below the poverty line (not pay taxes)
Replies: 48
Views: 6622

Re: How to live well in retirement below the poverty line (not pay taxes)

Our actual taxes are right at 10% of our total income (that is all income, not calculated taxable income). I am OK with that. For our lifestyle I consider us lightly taxed. That is not to say I would welcome higher taxes. :happy I'm pretty sure we would not live as well as we do if I strived to hav...
by ColoradoRick
Mon Feb 11, 2019 6:31 pm
Forum: Personal Investments
Topic: Investing in gold
Replies: 33
Views: 2457

Re: Investing in gold

rebfor - in the past I have had up to 5% in gold. If that helps you sleep better at night then go for it. I decided to liquidate mine when we had multiple reductions in force at work and gold was higher than equities and I wanted to raise some cash in case I got laid off. Gold is basically a bet on ...
by ColoradoRick
Mon Jan 14, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: UPDATE-Best way to heat basement?
Replies: 20
Views: 2340

Re: Best way to heat basement?

OP-fortfun - I read quickly all of the posts and didn't see something that happened in a rental we owned, so I will mention it. Not being a HVAC expert, we bought a house and the basement was basically unusable from January till March. THERE WAS NO COLD AIR RETURN. If you don't have any, you might b...
by ColoradoRick
Sun Jan 06, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1643

Re: Downsizing to fund early retirement - where's the cutoff?

This is anecdotal as I have no data study to cite. However 3 or 4 of my friends wanted to downsize AND stay in the same area (Denver Metro) and found by the time they got what they wanted (granite countertops, really nice bathrooms, etc.) even though the square footage was 30 to 50% less, by the tim...
by ColoradoRick
Thu Jan 03, 2019 11:35 am
Forum: Personal Investments
Topic: Delaying retirement just to help adult children
Replies: 66
Views: 6361

Re: Delaying retirement just to help adult children

Ditto on the poster who referenced The Millionaire Next Door. Kids who know they are getting a substantial inheritance are less successful BY ALMOST ALL MEASURES (health, happiness, divorce/no divorce, contentment and lastly finances.) I agree with another poster in that my primary responsibility wa...
by ColoradoRick
Sun Dec 09, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Has anyone adjusted their stock allocation on the dip?
Replies: 71
Views: 5823

Re: Has anyone adjusted their stock allocation on the dip?

It's heresy to true Bogleheads but I felt the Tax Bill was a one off and that in March 2019 year to year earnings comparisons would be tough, so I reduced by stock allocation from 70% to 50% in August/September 2018. We have 7 years in a bond ladder and another year in cash that we don't touch. I fe...
by ColoradoRick
Wed Nov 28, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3932

Re: Bogleheads Greatest Hits

Here are some that I've tried to keep in mind: By Victoria: "Poor people treasure their things, rich people treasure their time." Larry Swedroe: "Don't confuse strategy with outcome." Average Dude: 1. Set written goals early in life with an action plan. 2. Didn't have any unplanned pregnancies. 3. L...
by ColoradoRick
Sat Nov 03, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for EOY 2018 Taxes
Replies: 7
Views: 1296

Re: Preparing for EOY 2018 Taxes

Don't know if this works for you but I had bad experience with tax preparer's and great experience with Turbo Tax Premier if you can spare the money. When I am looking at end of year scenarios (how much will capital gains sales affect my total taxes? How much will my tax bill go up if I pull out mor...
by ColoradoRick
Thu Oct 11, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 102
Views: 10292

Re: When will you backup the truck on stocks

Elysium, my outlook is exactly like yours.....I've enjoyed the ride lately and have won the game. I took some chips off the table (20% of NW). I have CDs for annual expenses 7yrs, stocks for growth; 20% in cash like. By year end cash likes will be pushing 3% to wait; compared to last few years, not ...
by ColoradoRick
Sun Aug 26, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: New highs and portfolio growth in retirement
Replies: 10
Views: 1659

Re: New highs and portfolio growth in retirement

Retired @ 62.5 and wife @ 62 in late 2012. Unboglehead like moves: took SS so that our IRA would have chance to grow. Initial AA was 50/50. Our Withdrawal rate started at 4%. We have no home mortgage and at the time no car payment (Honda offered 1.9% financing so did that instead of paying cash). No...
by ColoradoRick
Wed Jul 25, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3958
Views: 1127099

Re: What Book Are You Currently Reading? Part VI

Non Fiction Lovers:

Charlie Munger The Complete Investor by Then Griffin
12 Rules for Life by Jordon B. Peterson (awesome!)
The Road to Character David Brooks
+1 Man's Search for Meaning Viktor Frankel
by ColoradoRick
Tue Jun 26, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: What Now With Down 2018 Market
Replies: 32
Views: 6740

Re: What Now With Down 2018 Market

It seems like you don't need to worry about this at all since you are still working at age 78. I'm much younger than you, no longer working, and I just don't worry about losing money anymore. I just don't want to lose more than the next guy. As long as everybody is losing as much money as me, then ...
by ColoradoRick
Wed May 30, 2018 9:12 am
Forum: Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 5740

Re: When and how often do you rebalance

On my way out the door so forgive me if duplication.....Vanguard has a nice 50+ page paper where they studied this. Summary is that once a year is fine as other methods took more time and effort with very little improvement if any over annually. I agree try to rebalance with tax deferred accounts. H...
by ColoradoRick
Fri Apr 27, 2018 12:27 pm
Forum: Personal Investments
Topic: Retirement Closing In
Replies: 21
Views: 2456

Re: Retirement Closing In

You are fine. Millions would love to be in your position. The fact that you are worrying about it means you don't have to worry about it. We've got 25x and never looked back. It'll take practice and a little adjustment but you've worked hard....try to enjoy life.
by ColoradoRick
Wed Apr 18, 2018 9:31 pm
Forum: Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 12712

Re: Why not just do CDs and skip bonds?

+1 - - I decided on a 7 year brokered CD ladder through Vanguard of FDIC insured with a death put (if I die, my wife gets the face value.) Disadvantage with a brokered CD is that if you need the funds before maturity, you can't return it to the bank, but have to sell on the open market and that usu...
by ColoradoRick
Mon Apr 09, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Will I catch up saving for retirement?
Replies: 54
Views: 5462

Re: Will I catch up saving for retirement?

Depends upon how much you want to retire on and if you are willing to possibly curtail lifestyle. I will make some back of the envelope assumptions and math that perhaps others will take issue with. Shorthand version is that for me you will be fine. I picked you retiring at 54 (+20 years) $350m save...
by ColoradoRick
Fri Mar 23, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: Coffee maker recommendations
Replies: 41
Views: 3686

Re: Coffee maker recommendations

My wife bought me a Cuisanart 5 years ago where you can adjust the heat and strength of the coffee. Best tasting coffee I've ever had and even thought of buying an extra one because company's change models often. Haven't yet. However by coincidence Consumers Reports rated it the best also. May be to...
by ColoradoRick
Fri Feb 16, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 21616

Re: Retirees: The common sense withdrawal method

I used a 4% rule to determine if I was in a position to retire and I still aim in that direction, but I do not use that figure as an absolute target. I have described my method on another thread as "4 percent-ish". Common sense is the real driver, as you have stated. Three years ago we wanted to re...
by ColoradoRick
Wed Feb 14, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 11111

Re: How many of you use the "4% rule" during retirement?

Started retirement with 50/50 allocation and 4% withdrawal rate 2012. With market improving and some unexpected expenses, nudged up to 4.5% WD rate. I know that is way too risky for most bogleheads. However I have read several articles about the median retiree who has 15-25x annual expenses can expe...
by ColoradoRick
Wed Feb 14, 2018 11:20 am
Forum: Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 12712

Re: Why not just do CDs and skip bonds?

+1 - - I decided on a 7 year brokered CD ladder through Vanguard of FDIC insured with a death put (if I die, my wife gets the face value.) Disadvantage with a brokered CD is that if you need the funds before maturity, you can't return it to the bank, but have to sell on the open market and that usu...
by ColoradoRick
Tue Feb 13, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 21868

Re: Number at which to stop worrying

OP, My number is 1.5 million. It is 25 times my current annual expense. If I use 300K to pay off my mortgage, I will have 1.2 million versus 45K of annual expense about 27 times. KlangFool +1 except no mortgage. After spending my adolescent years worrying about EVERYTHING, I came upon a great quote...
by ColoradoRick
Mon Feb 12, 2018 8:37 pm
Forum: Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 12712

Re: Why not just do CDs and skip bonds?

+1 - - I decided on a 7 year brokered CD ladder through Vanguard of FDIC insured with a death put (if I die, my wife gets the face value.) Disadvantage with a brokered CD is that if you need the funds before maturity, you can't return it to the bank, but have to sell on the open market and that usua...
by ColoradoRick
Mon Feb 12, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Financially secure, horrible workplace but just can't FIRE
Replies: 55
Views: 8461

Re: Financially secure, horrible workplace but just can't FIRE

I would guess you are terrified of making the wrong decision. 2 suggestions: 1) make pros/cons list; assign importance to each, not weigh all equally. Second suggestion: you are afraid because it is irrevocable. Give yourself some credit that you will be able to figure it out. Face the fear. Accept ...
by ColoradoRick
Fri Feb 09, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Why Weak Dollar, after likely four future interest rate hike?
Replies: 8
Views: 1337

Re: Why Weak Dollar, after likely four future interest rate hike?

A metaphor may be like when a company announces they have handily beat their quarterly profit and sales estimates. Yes sometimes the stock goes up, but other times inexplicably it goes down. You have rules of thumb that work "most" of the time, but not always. For example a week ago we got good empl...
by ColoradoRick
Mon Jan 29, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 income changed and wife no longer qualifies for ACA subsidy
Replies: 21
Views: 2025

Re: 2017 income changed and wife no longer qualifies for ACA subsidy

I am going from memory, but I believe the tax year was 2015. I used an insurance broker who said I qualified for the ACA subsidy. I argued with her but she was adamant. Fast forward to Oct. 2015 my broker disappeared, got a new one and he said I had to pay it (ACA premium credit) back and that was a...
by ColoradoRick
Fri Jan 26, 2018 3:20 pm
Forum: Personal Investments
Topic: Invest or wait?
Replies: 21
Views: 2962

Re: Invest or wait?

There is a great article online by Ben Carlson called "What if you invested only at Market Peaks?" dated 2/25/2014. It shows if you don't sell the best time to buy is now. Other responders are right, determine your AA. Once you decide that, then if you feel better invest 25% every 3 months or 6 mont...
by ColoradoRick
Thu Jan 25, 2018 2:48 pm
Forum: Personal Investments
Topic: TD Ameritrade $75 Account Transfer Fee
Replies: 15
Views: 7254

Re: TD Ameritrade $75 Account Transfer Fee

OP here. Wow thanks to all the great input. I guess I have a decision to make. Since Scottrade had it before and I obviously didn't know about it, I'm leaning towards just keeping it there. However, I'm so familiar with the VG interface it's tempting. Not a major life problem I know. On to the next ...
by ColoradoRick
Thu Jan 25, 2018 12:41 pm
Forum: Personal Investments
Topic: TD Ameritrade $75 Account Transfer Fee
Replies: 15
Views: 7254

TD Ameritrade $75 Account Transfer Fee

Hey Bogleheads, I would appreciate your input into whether I'm being too frugal, or TD Ameritrade is greedy. Been with Scottrade for years and pretty happy with their service, in fact many times I would put in a limit order and they would better the price. Just got the transition notice in my email ...
by ColoradoRick
Mon Jan 22, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade
Replies: 48
Views: 3968

Re: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade

I remember going to the gym in the late 90's and early 00's and seeing almost daily 2 to 3 people on exercise bikes reading about how they could support themselves day trading. After 2002 I didn't see that anymore. Paraphrasing Warren Buffet: " The stock market is a mechanism for transferring money ...
by ColoradoRick
Tue Jan 16, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Got Laid Off - Advice Needed
Replies: 48
Views: 7280

Re: Friend Got Laid Off - Advice Needed

Old Sport it's great your friend is a Boglehead. Though you didn't ask, I would give the advice to you. Take him to a pro hockey or pro basketball game, bowling, etc. He is grieving for his job loss. I saw it in my friends. They never thought it would happen to them (you said he was shocked.) BE A G...
by ColoradoRick
Mon Jan 15, 2018 11:52 pm
Forum: US Chapters
Topic: metro Denver Bogleheads?
Replies: 48
Views: 8242

Re: metro Denver Bogleheads?

I'm still in
by ColoradoRick
Mon Jan 15, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 18567

Re: Stats on When People Take Social Security

Yes, if you are unemployed at 62 it is very likely you need the SS then. The people I know that for sure elected SS earlier than 70 did not have a choice in any practical sense. Please know that there are some of us who: 1. Have a sizeable nest egg; 2. Have a much higher level of financial training...
by ColoradoRick
Thu Jan 11, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Somewhat rhetorical question...
Replies: 10
Views: 966

Re: Somewhat rhetorical question...

How does Computershare stay in business? By fluke and laziness I have held about 24 shares of home depot stock with them for years. Besides continuing to pay an enormous (percentage wise) amount for having dividends reinvested I was even more 'amazed' at this company when I went to finally sell the...
by ColoradoRick
Sun Jan 07, 2018 4:53 pm
Forum: Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 3408

Re: Do we have too much in bonds?

OP - congrats, you have won the game...enjoy. As far as your DW not wanting to retire I would respect her wishes for the following reasons: 1) many retirement books I have read recommend staggering your retirement dates; 2) I love my wife but as you will learn 24/7 is a lot compared to your working ...
by ColoradoRick
Sun Jan 07, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 233
Views: 32788

Re: Hitting The Sell Button

Stormbringer wrote:
Fri Jan 05, 2018 8:10 am
What I've been selling is BONDS ... and building a CD ladder in my 401(k) instead. The yields a bit higher and I don't have to worry about principal loss.
+1
by ColoradoRick
Fri Jan 05, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 103
Views: 15824

Re: Talk me out of a 60/40 AA

But why not 100% stocks then? Heck why not lever up to 110%? This is what I'm missing - increasing the stock AA from 60/40 to 80/20 has less than a 1% increase in CAGR in every 10+ year period I've looked at. You have to shorten the window to < 5 years before I've found a meaningful increase in CAG...
by ColoradoRick
Fri Sep 15, 2017 11:30 am
Forum: Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 42
Views: 6295

Re: Vanguard Health Care Fund in my portfolio?

A previous poster posted this: My thought on the sector is that it has greatly outperformed the rest of the market for a sustained period. Also the demographics are right with baby boomers already starting to retire. Even if the US goes to a single payer system there are a lot of people that will st...
by ColoradoRick
Tue Sep 12, 2017 10:56 am
Forum: Personal Investments
Topic: Retirees-anyone miscalculate how much was needed?
Replies: 70
Views: 11208

Re: Retirees-anyone miscalculate how much was needed?

I was miserable the last 4 years of my 39 year career (rest were great!). I'd tracked our expenses for 10 years prior. I was so unhappy at my job that in consultation with my wife I was prepared to live on 80% of what we lived on before, even with 25X yearly income. We were pretty conservative the f...
by ColoradoRick
Sun Jun 25, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 142
Views: 23566

Re: Anyone else gotten totally bored with investing?

Dear OP - like your real life, enjoy whatever state you are in. When I enjoyed the intellectual challenge of trading blue chips, the return made it fun and occupied my hours when I was first retired. I still read everything financial I could get my hands on. After 3 years, again as an intellectual e...
by ColoradoRick
Fri Jun 09, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 6000

Re: Retirees: What are you doing about withdrawing?

1) we put all our tax deferred retirement assets in Vanguard.
2) went to automatic withdrawals and replicated my paycheck 1x/month less SS
3) repeat
4) deal with one time issues (house painting) as needed