Search found 99 matches

by ColoradoRick
Tue Sep 15, 2020 5:19 pm
Forum: Personal Consumer Issues
Topic: what do others pay for umbrella insurance, and is it needed?
Replies: 58
Views: 4509

Re: what do others pay for umbrella insurance, and is it needed?

Curious what others pay for umbrella insurance. I've not looked at it in quite a while, and just got a bill of $941 for a $2 million umbrella policy. Seems high to me, I will get other quotes, but if anyone else has a reaction, I'd be interested. Also, my assumption is that if you are someone with ...
by ColoradoRick
Wed Aug 05, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: College tuitions and how to help our daughter pay them
Replies: 85
Views: 4861

Re: College tuitions and how to help our daughter pay them

Ha! Thanks all for your answers, this is helpful! I appreciate all the feedback that helps us to better understand what is required to join vet school. I see a lot of opinionated answers about parenting choices :) I don't want to start these discussions because I'm not trying to change other people...
by ColoradoRick
Fri Jul 31, 2020 6:58 pm
Forum: Personal Consumer Issues
Topic: iTunes playlist duplicates
Replies: 6
Views: 399

Re: iTunes playlist duplicates

PoppyA - I've had the same thing happen to me. I assumed it was because sometimes when in lousy WiFi and Cell Tower range I tell iTunes to play just downloaded songs. I think it is a duplication of downloaded songs that Apple also stores in the iCloud. I saw you said you don't use the iCloud, but th...
by ColoradoRick
Sat Jul 04, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 151
Views: 10419

Re: Manager vs. Direct report salary issues

Counterpoint (and I see I am in the minority) - so many of you are in the IT & tech fields so this might be apples and oranges. I was facility manager in an old world industry of building supplies distribution to retail lumber yards.. Our distribution center morphed from full line (lumber, plywood, ...
by ColoradoRick
Sat May 23, 2020 3:31 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 75
Views: 5579

Re: Thinking of selling some SP 500 to buy more Wells Fargo

OP - - just some actual experience for you to contemplate. In addition to index funds we had enough of financials (combination big banks and brokers) that the dividends (many of which were 4 to 5% at the time) paid our house payment in early 2000s. Well respected (Wells Fargo/Bank of America/America...
by ColoradoRick
Sat May 23, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 407
Views: 39268

Re: The axe falls and I am prepared. What's next?

KlangFool, I've always enjoyed the wisdom and logic of your posts. Thanks to you and I'm hopeful you will continue to share your journey as it evolves. Seems to me that you are more than fine to retire. Your wife says you've been working hard and should retire. That is important and should tell you ...
by ColoradoRick
Wed Apr 29, 2020 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage - deflation
Replies: 22
Views: 2148

Re: Paying off the mortgage - deflation

I don't find broad measures of inflation like the CPI to be all that relevant to my life. My spending is unlike yours. Look at the trends in what you're likely to need to buy with your money. If it's education and healthcare, or things that are not significantly impacted by automation and globaliza...
by ColoradoRick
Sat Apr 25, 2020 9:06 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3779

Re: Renewal by Anderson window prices

Dear OP - you sent me a private message but I could not send because it says your private messaging is disabled. Therefore I will post the message I was going to send PM to you here: We had 4 4'x8' combos with a 42" stationary middle and 2 approx. 16" sliders on each side. A couple of other 72" slid...
by ColoradoRick
Wed Apr 22, 2020 10:18 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio Predicts
Replies: 28
Views: 3649

Re: Ray Dalio Predicts

Other than changing your retirement date if still employed or re-evaluating your AA as a result of the pandemic (both very logical moves), I do not see what else you can do. Two members of my family hate stocks and feel that real estate is safe. It is, but they are in for 2 or 3 VERY BAD years as on...
by ColoradoRick
Wed Apr 22, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3779

Re: Renewal by Anderson window prices

OP - our wood windows failed with a bankrupt wood window manufacturer. Looked at Renewal on website and having had experience in the window and millwork industry, thought they were overpriced. Used a contractor at my church and I specified Andersen's step down brand, but not renewal, their vinyl win...
by ColoradoRick
Sat Apr 11, 2020 1:09 am
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2459

Re: Are 60/40 stock/bond portfolios doing fine?

Excellent idea for a post. Due to quirks in individual stocks we hold, net worth was higher year end. My AA was right on 60/40. Of our equities, 50/50 index fund and individual stocks. Down 10.6% from our all time high. Sleep fine. Been buying a little on the way down. Very pleased. If we retest the...
by ColoradoRick
Sun Mar 15, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Planned to pay off debt, now wondering if liquidity is more important.
Replies: 37
Views: 3263

Re: Planned to pay off debt, now wondering if liquidity is more important.

OP - congratulations!!! I hope it really feels good. Now you can use additional cash flow to add to your emergency fund. Once the market stabilizes and your EF is topped off, you can add to that 400K. WELL DONE! You should be an inspiration to your peers and colleagues. I worked with many who were f...
by ColoradoRick
Mon Mar 09, 2020 6:31 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 311
Views: 28802

Re: Who here is buying stocks today and how much?

Late last wk $18k, today $15k.
by ColoradoRick
Sun Mar 08, 2020 5:15 pm
Forum: Personal Investments
Topic: Anyone else considering moving their bonds to cash
Replies: 41
Views: 3414

Re: Anyone else considering moving their bonds to cash

I have a full index portfolio. Given the anemic yields on government bonds, is anyone else considering exchanging their low-yielding bonds for cash/money market/CDs? And if not, is there a theoretical lower yield where you would consider doing so? OP, in my 7 yr CD ladder my oldest CD matured mid-J...
by ColoradoRick
Wed Mar 04, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Thanks Bogleheads
Replies: 33
Views: 2767

Re: Thanks Bogleheads

Well Done! Pat yourself on the back and take a moment to get some endorphins from the fact that being a Boglehead means you will be at least in the top 10% or higher in net worth when its time to retire. As has been quoted here often: "The stock market takes the stairs up and the elevator down." For...
by ColoradoRick
Tue Mar 03, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: Where does the 50% number come from/worst case scenario?
Replies: 32
Views: 2640

Re: Where does the 50% number come from/worst case scenario?

It's an arbitrary number. It has psychological meaning, though. It is my opinion that people who are trying to promote stocks actively avoid mentioning that number; for example, risk tolerance questionnaires from brokerages never seem to ask "what would you do if stocks fell 50%," but instead will ...
by ColoradoRick
Sat Feb 29, 2020 11:47 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 61
Views: 9294

Re: Afraid to take the leap

Worst part is that friends are telling me on a daily basis how stupid I was for investing everything right at the top. I must hear things like "Why didn't you wait for a crash like me? I told you it's gonna happen?". Stef the toughest part when this happened to me is that I really had to wait until...
by ColoradoRick
Wed Feb 26, 2020 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone usage in Europe
Replies: 27
Views: 1673

Re: Cell phone usage in Europe

This is what I have used. $10 per day to use your own minutes and data. https://www.att.com/offers/international-plans/day-pass.html?gclsrc=aw.ds&&gclid=CjwKCAiAy9jyBRA6EiwAeclQhExJnfd7ClYkIu8cwk-B7G0K1tGaCiqF3_lWNUSQJ9jPc1X8et-Z_xoCHa8QAvD_BwE&gclsrc=aw.ds Cheers +1 & +1 to stan1... Went to Europe...
by ColoradoRick
Mon Feb 24, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2117
Views: 224975

Re: [What TV Show Have You Recently Watched?]

American Greed on CNBC. Curious if other Bogleheads enjoy that show. Love this show also. Not saying I'm immune, but I always love at the end when the victims say "...but he seemed so honest and sincere." But almost all of them did no due diligence and they don't realize that's the conperson's job ...
by ColoradoRick
Mon Feb 17, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12498

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

I agree that son should pursue jobs that interest him and take a deep dive into all benefits before taking a specific job. Both pensions and 401ks have benefits. My parents back in the 70s said take a job w/pension, but I didn't want to have that be the sole determinant. I would not recommend to any...
by ColoradoRick
Sun Feb 16, 2020 9:54 pm
Forum: Personal Investments
Topic: I messed up! Please help! [Portfolio help]
Replies: 7
Views: 751

Re: I messed up! Please help! [Portfolio help]

IF you have a 3 to 6 month emergency fund, I feel you are being too hard on yourself. At your age you could go anywhere from 100% equities to 70% equities depending upon your comfort level. Almost by definition any target fund is going to have a higher ER because their AA changes over time and that ...
by ColoradoRick
Sat Jan 04, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: Backtesting for Great Depression
Replies: 23
Views: 2566

Re: Backtesting for Great Depression

I have backtested my portfolio through hundreds of simulations using PV from 1972 onwards and given my current contributions, asset allocation and time period until I retire (6 years or so from now) I am happy that most of the periods seem reasonable - the worst outcome required me to wait a year o...
by ColoradoRick
Sat Dec 21, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Do you buy stocks as it’s going down or up?
Replies: 37
Views: 2639

Re: Do you buy stocks as it’s going down or up?

I usually have a price point in mind when I buy and its often based on the P/E and Dividend yield. They are usually big caps, and I find my price point is usually hit when they have a miss on what the experts and analysts "expect." So I watch their earnings report day. The company may still have ear...
by ColoradoRick
Thu Nov 28, 2019 1:59 pm
Forum: Forum Issues and Administration
Topic: Giving thanks to our moderators
Replies: 92
Views: 6398

Re: Giving thanks to our moderators

OP great idea! I am appreciative, but alas would not have thought of it.

Moderators, thank you.....this is only one of two blogs I visit. It is educational, civil, helpful and productive.
Thanks also too posters.

Colorado Rick
by ColoradoRick
Mon Nov 25, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Need for financial planner??
Replies: 15
Views: 1179

Re: Need for financial planner??

The most I would EVER do is a one time consultation with a financial planner FOR YOUR WIFE'S SAKE. If she's comfortable now, save the $500-1000 it would cost. You can search the web to see how many advisors/funds beat the market. (Hint: less than 10% and if you go out 20 years less than 5%). Why wou...
by ColoradoRick
Thu Nov 21, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Repurposing Perfectly Good MacAir 2012
Replies: 5
Views: 791

Repurposing Perfectly Good MacAir 2012

Hi folks....any techies out there. I'm considering buying a new MacAir on Black Friday and it would make my decision a whole lot easier if I could find a use for my current one. One of 2 USB ports won't accept a cable, and I'm running up against storage issues (can't download new IOS as I don't thin...
by ColoradoRick
Fri Nov 15, 2019 3:05 pm
Forum: Personal Investments
Topic: Your most difficult and your most euphoric investing moments
Replies: 24
Views: 1977

Re: Your most difficult and your most euphoric investing moments

Most difficult was watching net worth decrease by 43% in 2009 and convincing my BW we should not sell. Fortunately she trusted me and we all know it came back pretty quickly. PHEW! Most euphoric was that while we were saving during my career (70s to 2012) we spent what was left after saving and my B...
by ColoradoRick
Thu Nov 14, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: CNBC Nightly Business Report cease production in Dec 2019
Replies: 123
Views: 7741

Re: CNBC Nightly Business Report cease production in Dec 2019

It was announced on the show itself (Monday or Tuesday?) saying CNBC was ceasing production and it would not be available in the New Year. I also noticed much was a rehash of CNBC reports but I liked it because I didn't need to watch CNBC so much. It was concise and had most of the info I wanted. It...
by ColoradoRick
Sat Nov 02, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Unique withdrawal method
Replies: 65
Views: 7891

Re: Unique withdrawal method

I am 23 years retired with a structured plan for variable withdrawals to meet expenses which vary year to year. It takes records of annual total spending and withdrawals, not a lot though. Original goal: Average annual withdrawal will be 4.5% of the previous 12/31 investment balance. If I withdraw ...
by ColoradoRick
Mon Sep 30, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 37237

Re: What is your AA, given your age? and, Why?

70/30; age 69 & retired 7 years. After year end if market doesn't do it I'm thinking of going to 60/40.
by ColoradoRick
Sat Sep 21, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: What generalist books attempt to explain human nature?
Replies: 39
Views: 3040

Re: What generalist books attempt to explain human nature?

Some good titles being suggested upthread. I agree with Sapiens , definitely a must-read. I found Jordan Peterson's 12 Rules for Life an intriguing read on this subject, but be aware, it is controversial in some circles. The field of evolutionary biology/sociology is absolutely fascinating. +1!!!!
by ColoradoRick
Sat Sep 21, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Another Lump Sum vs Monthly Annuity Question
Replies: 14
Views: 1130

Re: Another Lump Sum vs Monthly Annuity Question

There are a lot smarter people than I on this blog, I can only tell you what I would do. I would take the $752.22/month 100% survivor benefit. If my math is correct that is a 6.5% withdrawl of the $138,800.00 lump sum amount. Monte Carlo simulations (I use Vanguard, but most are similar) will tell y...
by ColoradoRick
Fri Sep 20, 2019 10:00 am
Forum: Personal Investments
Topic: Retirement investment plan feedback
Replies: 4
Views: 547

Re: Retirement investment plan feedback

I'll just address #2 & #5 and let more knowledgable people answer others. Pension - Illinois is either the first or second most underfunded pension in the nation for state & local govt. I think the prudent thing is to pretend it isn't there. I think it will be, but likely reduced. I would continue t...
by ColoradoRick
Mon Sep 16, 2019 11:16 am
Forum: Personal Investments
Topic: Emp Stock Purchase vs 401k increase
Replies: 33
Views: 2514

Re: Emp Stock Purchase vs 401k increase

I am assuming your 401K contributions and matches ARE NOT in company stock.
by ColoradoRick
Mon Sep 16, 2019 11:15 am
Forum: Personal Investments
Topic: Emp Stock Purchase vs 401k increase
Replies: 33
Views: 2514

Re: Emp Stock Purchase vs 401k increase

If it were me..... I'd max out to get 401K employer contribution (most companies ~ 50% of your first 6%). That's a higher return (50%). After maxing that out and you can afford it, go up to the $30,000 ESPP. Just be careful not to allow your company stock > 5% of total net worth after liquidating. C...
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: 4222

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: 4876

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: 1036

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: [Deleted]
Replies: 41
Views: 5078

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: 18227

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: 1865

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: 19769

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: 29675

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: 29675

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: 4619

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: 6967

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: 2959

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: 2406

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: 1717

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...