Search found 45 matches

by ColoradoRick
Thu Oct 11, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7938

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: 1190

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: 3333
Views: 1003244

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: 6511

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: Investing - Help with Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 4306

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: Investing - Help with Personal Investments
Topic: Retirement Closing In
Replies: 21
Views: 2215

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: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 10386

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: 5095

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: 3227

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: 19774

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: 10053

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: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 10386

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: 19772

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: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 10386

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: 8087

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: 1239

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: 1880

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: Investing - Help with Personal Investments
Topic: Invest or wait?
Replies: 21
Views: 2754

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: Investing - Help with Personal Investments
Topic: TD Ameritrade $75 Account Transfer Fee
Replies: 15
Views: 4076

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: Investing - Help with Personal Investments
Topic: TD Ameritrade $75 Account Transfer Fee
Replies: 15
Views: 4076

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: 3689

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: 46
Views: 5977

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: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 36
Views: 5085

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: 17467

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: 886

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: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 3166

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: 226
Views: 29629

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: 76
Views: 9837

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: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 42
Views: 5589

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: Investing - Help with Personal Investments
Topic: Retirees-anyone miscalculate how much was needed?
Replies: 71
Views: 10794

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: 127
Views: 18713

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: 5721

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
by ColoradoRick
Tue Jun 06, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 14124

Re: Play Money for Spouse....

OP - sounds like through the thread you are on the right path. I'll give you our personal experience just for laughs. My DW is fairly frugal, but wanted an allowance ($400/mo) for guilt free purchases. Worked fine while she wasn't working. After I retired, she got a consulting job that paid $20,000/...
by ColoradoRick
Fri May 19, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 4471

Re: I am a huge believer in Passive Indexing.. but.....

OP - first congrats! Enjoy your success. 2nd is Questions I'd ask myself: Do you enjoy the process of picking the stocks? Are you willing to spend the time to monitor them? How would you feel if the stocks you picked fell 50%? Would you hang in there, or would you forever kick yourself and sell at t...
by ColoradoRick
Thu Apr 06, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 11082

Re: Spending beyond my means, I think..is my budget out of whack?

To: runner 540 - 8% used was nominal; not real. I realize you and many others would be uncomfortable with this. I realize what inflation will do; but with the resumption of his aggressive savings and a high stock allocation at his relatively young age it would be my OPINION that it would balance out...
by ColoradoRick
Wed Apr 05, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 11082

Re: Spending beyond my means, I think..is my budget out of whack?

You're 35 & have $325M in savings. GREAT JOB! If I were you (which I am not) I would cut back for 2 years on my savings some and use that to give you some breathing room. You love your home, your pre-schools and your life. Back of the napkin rationale: in 27 years you'll be 62. Figuring an 8% return...
by ColoradoRick
Sat Apr 01, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retired 5 to 10 years? How has this bull changed your spending?
Replies: 13
Views: 1975

Re: Retired 5 to 10 years? How has this bull changed your spending?

Retired almost 5 years. Withdrawing slightly more than 4% of original balance (4.5%) and I realize that would make most BHs uncomfortable. But haven't really increased it from day we retired. We didn't take nice vacations when raising family, anything left over after savings went to kids & their tui...
by ColoradoRick
Mon Mar 13, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 114
Views: 39366

Re: WSJ Digital Subscription - a bargain!

I buy the hardcopy WSJ as a new subscriber after my 6 month or 1 year introductory offer expires. Their regular rate to me of $400/year and their credit card automatic opt-in (don't get me started; everything should be opt in, not a required opt out) are too expensive. Being a baby boomer who likes ...
by ColoradoRick
Sat Mar 04, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Oil Change Advice Honda CR-V
Replies: 40
Views: 19002

Oil Change Advice Honda CR-V

Hello any shade tree mechanics....my DW & I bought here a new Honda CR-V last August. I asked her to get the oil changed and the dealer service department said wait until the light goes on. She drives very little (2500 miles so far) but also besides milage isn't there a time when oil starts to break...
by ColoradoRick
Sat Mar 04, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 20466

Re: Possibly Financially Independent and Feeling Miserable

Dear Random Poster - thanks for the courage of sharing....there are more of us out there than you think. I used to be that way. I update my net worth sheet monthly unless the market is running up then weekly. When it is in a bear market I update quarterly. I have changed it from my vocation to my ho...
by ColoradoRick
Thu Mar 02, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Timing the Market (just once)
Replies: 37
Views: 3974

Re: Timing the Market (just once)

Take heart. Just being on this forum means there is a high probability of reaching your goals. I am new to posting, but have acted like a Boglehead for 30 years (with some HUGE mistakes when I didn't) but am enjoying the life I dreamed about because I stayed the course. I understand reversion to the...
by ColoradoRick
Wed Feb 15, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: Visiting Downtown Denver in late March without car.
Replies: 19
Views: 1877

Re: Visiting Downtown Denver in late March without car.

You will also be only a couple of blocks away from the FREE 16th Street Mall Bus. It'll take you from the City County Building down to Union Station and everywhere in between. Lots to see and do there (people watch at "The Market" on Larimar Square/Library/Art Museum/plays at convention center/comed...
by ColoradoRick
Sat Feb 04, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help with sudden death of young father Re: SS
Replies: 10
Views: 2120

Re: Help with sudden death of young father Re: SS

Just wanted to +1 about the fine job they do at the SS offices with a personal appointment. Might not be as convenient as calling but I felt it was much more effective. Mine was about early retirement, but the professional way they patiently answered my questions and actually helped me maximize my b...
by ColoradoRick
Sat Feb 04, 2017 6:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 36
Views: 5085

Re: metro Denver Bogleheads?

If you all decide to have it Bellevue or south I would be in.
by ColoradoRick
Sat Aug 27, 2016 12:20 pm
Forum: Investing - Theory, News & General
Topic: Adding Inflation Protection to a Portfolio
Replies: 14
Views: 2079

Re: Adding Inflation Protection to a Portfolio

Wow - - great job on synthesis (sincerely). Thought I would add another perspective in this age of minuscule savings rates. I built a 7 yr CD ladder out of FDIC insured thru Vanguard, one maturing every January. The amount is my annual withdrawal. It is 7 years long which I feel will enable you to w...