Search found 1207 matches

by marcopolo
Sat Nov 17, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott & Roth Conversions
Replies: 10
Views: 601

Re: Ed Slott & Roth Conversions

One major decision is whether you want the aca subsidy vs the Roth conversions. I elected for the Roth conversions, but at age 64 my monthly hsa insurance bill is 2800+. Will joyfully pay the IRRMA premium. This is my highest retirement expense, with taxes on the conversions a close second. I am we...
by marcopolo
Sat Nov 17, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 268
Views: 17078

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

For those who have a HSA Bank / TD Ameritrade account it seems like the most efficient transfer process would be to do the following (based on posts from (https://www.bogleheads.org/forum/viewtopic.php?f=10&t=230151&start=50) 1) Move all your HSA Bank cash from HSA Bank to the TD Ameritrade brokera...
by marcopolo
Thu Nov 15, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Momentum Distinctions
Replies: 29
Views: 1725

Re: Larry Swedroe: Momentum Distinctions

I have not been convinced by the argument that the increased portfolio efficiency is worth the increased costs of some of the suggested investments. But, I do appreciate the thoughtful discussion many of these topics generate. There is no need for the vitriol on the one side, or the condescending at...
by marcopolo
Thu Nov 15, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609000

Re: U.S. stocks in freefall

I got out of stocks 11% ago. Decided I had won the game and it was getting a little hairy to keep playing. Hey, isn't that like a +11% return in just a few weeks? Pretty good for me. Are stocks even down 11% from their peak. SP500 peak was at 2940. Trading at around 2700. Down 8.2% VTI peak at 152....
by marcopolo
Thu Nov 15, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609000

Re: U.S. stocks in freefall

I got out of stocks 11% ago. Decided I had won the game and it was getting a little hairy to keep playing. Hey, isn't that like a +11% return in just a few weeks? Pretty good for me. Are stocks even down 11% from their peak. SP500 peak was at 2940. Trading at around 2700. Down 8.2% VTI peak at 152....
by marcopolo
Thu Nov 15, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4240

Re: Does Early Retirement Make You Live Longer?

CULater wrote:
Thu Nov 15, 2018 11:04 am

Maybe early retirees don't actually live longer, but it is so darned boring it just seems a lot longer.
I think you might be doing it wrong.
by marcopolo
Thu Nov 15, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4240

Re: Does Early Retirement Make You Live Longer?

... Do you include the cost of those other subsidies when talking about the cost those goods/services? No, but I suppose I took it out of context and was simply shocked to see someone saying the costs had gone down. Not everyone is eligible for the insurance premium subsidies... and if something do...
by marcopolo
Thu Nov 15, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4240

Re: Does Early Retirement Make You Live Longer?

Edit: After re-reading your reply, I see now that you're talking about the subsidies that some people receive, which hasn't reduced the the cost of the insurance (it just shifted how it is being payed for, for some people). It is not just "some" people. Approximately 85% of people getting insurance...
by marcopolo
Thu Nov 15, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4240

Re: Does Early Retirement Make You Live Longer?

... I would tend to agree with this more had the ACA not been created, making individual health insurance more available and at lower cost than it had been before ... :shock: :confused That hasn't been the case with any data on health insurance costs that I've seen. Seems you are either willfully i...
by marcopolo
Thu Nov 15, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3221

Re: rule of thumb for using HSA funds?

I am not sure i understand the concern about keeping receipts. Do people have that huge HSA balances? I was a bit late to the game, as my employer did not have a HSA compliant plan until a few years ago. Given the cost of healthcare, i have very little concern that i will have plenty of opportunity...
by marcopolo
Wed Nov 14, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Questions to late starters
Replies: 8
Views: 828

Re: Questions to late starters

I started saving for retirement around 5 years ago when I was 34 years old. I am now 39 (married, no kids), with a net worth of $130K (80K in retirement accounts). I try to save for retirement around 30% (including employer match) of the gross income each year of me and my wife (around $34,400 shou...
by marcopolo
Wed Nov 14, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1506
Views: 213126

Re: QSPIX - thoughts on interesting fund

Well, sure if you move the goal posts. What happened to all the "Equity like expected return, with half the volitility" talk? Moving goalposts? I used the very goalposts you used in your earlier post. "equity-like" is a subjective term, but I don't think its unreasonable to consider ~ 5% to be in t...
by marcopolo
Wed Nov 14, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1506
Views: 213126

Re: QSPIX - thoughts on interesting fund

Five years of under performance: "You can't judge the strategy on just 5 years of results" How exactly do you define underperformance? The 5 year history is 4.85% CAGR with 0.04 correlation to the US stock market. Whats not to like about that? Sure, we'd all prefer a CAGR in the 6-7% range, but eve...
by marcopolo
Wed Nov 14, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: AQR fund family's performance relative to its benchmarks
Replies: 36
Views: 2670

Re: AQR fund family's performance relative to its benchmarks

But you can know how much you paid an advisor to put you in the mystery funds and what expense ratios you paid. You would think that would be the case, but evidently we can't really trust what the funds themselves say are the expense ratios: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=167...
by marcopolo
Wed Nov 14, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?
Replies: 75
Views: 4762

Re: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?

Could be that I'm incorrectly calling the stock/bond approach a "bucket" strategy. What I'm trying to zero in on is what I've heard posters say about having enough of their nested in safe bonds or cash so that they can wait out a bear market in stocks without liquidating their stocks when they are ...
by marcopolo
Wed Nov 14, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?
Replies: 75
Views: 4762

Re: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?

I am no expert in this area, but that is very different than my understanding of the "bucket" approach. What you are describing sounds more like an attempt to maintain a stable asses allocation (AA), where the withdrawals are used to re-balance towards target AA. Similar to what you would do during...
by marcopolo
Wed Nov 14, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?
Replies: 75
Views: 4762

Re: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?

Generally speaking, the "bucket" approach for taking retirement withdrawals seems to involve the idea of dividing assets between stocks and safer assets such as bonds and cash, and then suspending withdrawals from the stock "bucket" during periods when stocks have negative returns while taking with...
by marcopolo
Wed Nov 14, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1506
Views: 213126

Re: QSPIX - thoughts on interesting fund

There are some sizable declines across the board in the stock market today. I'll be interested see if QSPIX will be up for the third day in a row. +.52% -1.25% “Diversification is always working, whether you want it to or not”. Not sure where I read that, but definitely true. Another quote was some...
by marcopolo
Tue Nov 13, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3221

Re: rule of thumb for using HSA funds?

I am not sure i understand the concern about keeping receipts. Do people have that huge HSA balances? I was a bit late to the game, as my employer did not have a HSA compliant plan until a few years ago. Given the cost of healthcare, i have very little concern that i will have plenty of opportunity ...
by marcopolo
Tue Nov 13, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 161
Views: 20156

Re: Habits of the Rich

Maybe I would have done even better with more focused goals, but i kind of enjoyed my meandering path. In my opinion, yes you would have been more successful or as successful, but done it earlier if you planned ahead of time. One of my favorite lines in investing comes from Mr. Ferri, "Investing is...
by marcopolo
Tue Nov 13, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3210

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

It’s only when the market turns, and the turn starts to look like it constitutes a trend, that our investor begins to think about conserving all those gains—whether derived from Investor’s acumen or Fed largesse, who cares? It’s money: and when it looks like the party’s over, it’s our job as invest...
by marcopolo
Tue Nov 13, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 161
Views: 20156

Re: Habits of the Rich

Im an average wage, blue collar worker who will retire in my 50's with no pension. This is what i have done. 1. Set written goals early in life with an action plan. 2. Didn't have any unplanned pregnancies. 3. Lived below my means when purchasing housing and transportation. Never went into debt exc...
by marcopolo
Tue Nov 13, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: AQR fund family's performance relative to its benchmarks
Replies: 36
Views: 2670

Re: AQR fund family's performance relative to its benchmarks

I'm curious about the hostility that AQR inspires on the board. Bogleheads can be an emotional bunch! AQR has performed well over the years delivering exactly what they promised. Yes there has been a long term underperformance in value and recently the other factors have also underperformed. It hap...
by marcopolo
Tue Nov 13, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3210

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

Perhaps 23-year-old investors who have imbibed the ‘buy and hold’ wisdom and have $8,000 in the markets can face a 50% loss of capital with equanimity. A 63-year-old couple with $800,000 at risk should not be swayed by ideology or fear being shamed as “market-timers.” Capital preservation is a prio...
by marcopolo
Tue Nov 13, 2018 12:32 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3210

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

willthrill81 wrote:
Mon Nov 12, 2018 10:54 pm

The failure of some of Meb's funds has more to do with investors being impatient than anything else, I believe.
That sounds a bit like blaming the victim.
by marcopolo
Tue Nov 13, 2018 12:30 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3210

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

Chuffly wrote:
Mon Nov 12, 2018 10:51 pm

On the other hand, his trend following funds haven't fared so well.
Well, isn't that what we are discussing here.
I believe it was GTAA that was discussed previously, and the results were pretty dismal if I recall correctly, maybe the new offering will fare better.
by marcopolo
Mon Nov 12, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11689

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

As someone who plays the piano 6-8 hours per day and teaches music lessons , I can say the following.... It's highly likely your daughter has very little talent when it comes to playing the piano. She is guaranteed to be a Joe - or in her case - a Jane average at best. She will not continue with it...
by marcopolo
Mon Nov 12, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3210

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

Here are some scenarios where trend following is difficult: 1) You are on vacation in a foreign country and the end of month sell/buy signal hits. To be consistent you must act even from a different time zone. 2) You have 3 accounts (Roth IRA, traditional IRA, taxable) with multiple funds in each, ...
by marcopolo
Mon Nov 12, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224611

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Yeah. My 401k is administered by Fidelity. I would have preferred to roll over into fidelity IRA, but they will not give bonus for their own administered 401k rollovers. I guess i will just send to Etrade, then back to fidelity (maybe with a visit through TDA as well). Marcopolo, I did precisely th...
by marcopolo
Sun Nov 11, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224611

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Generally yes, although some won't give a bonus for rolling from a 401(k) they administer. So go to a different custodian. Occasionally there are offers that are not valid for IRAs. Yeah. My 401k is administered by Fidelity. I would have preferred to roll over into fidelity IRA, but they will not g...
by marcopolo
Sun Nov 11, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224611

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Are the E-trade and/or TDA offers good for Rollover IRA (rolling over 401k to tIRA)? There is some language in the E-trade fine print saying: "This offer is not valid for retirement or E*TRADE Bank accounts" I think that means IRAs do not give bonus?, but maybe it only means 401k plan? If neither o...
by marcopolo
Sun Nov 11, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224611

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Are the E-trade and/or TDA offers good for Rollover IRA (rolling over 401k to tIRA)? There is some language in the E-trade fine print saying: "This offer is not valid for retirement or E*TRADE Bank accounts" I think that means IRAs do not give bonus?, but maybe it only means 401k plan? If neither of...
by marcopolo
Sat Nov 10, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 61
Views: 6421

Re: Amazon says TurboTax 2018 will be released November 12

Queue the thread about free copy from Fidelity :happy I am waiting for that as well. Do you know when Fidelity has traditionally announced the availability? From reading the threads, it seems the offer does not show up at the same time for everybody. I usually get mine in late January. I looked at ...
by marcopolo
Fri Nov 09, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement and Asset Allocation
Replies: 20
Views: 1964

Re: Early Retirement and Asset Allocation

I've thought long and hard about this myself. I'll retire at 54 or 55 in a year or two. I eventually decided on a sort of liability matching portfolio, combined with a bucket approach. I wanted 16 years of basic living expenses in bonds, to cover expenses until Social Security at age 70. And whatev...
by marcopolo
Thu Nov 08, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Would you still jump if you were ready, then the market dropped 50%??
Replies: 40
Views: 4618

Re: Would you still jump if you were ready, then the market dropped 50%??

Have this thought now and again. We're planning to walk away in ~ 2 years and this is something I'm trying to come to grips with now. With a 55/45 AA we should should have enough to weather most storms. I think I would still jump (with wobbly knees). What would you do? Better yet, did this happen t...
by marcopolo
Thu Nov 08, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11689

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

The thread on Baby Boomer savings brought this to mind. For a higher earning couple, assuming they’re debt free and have a paid off home at retirement, why not aim to have expenses be at/below the expected Social Security benefit? Assuming that’s ~$3k to cover property taxes, healthcare, food, tran...
by marcopolo
Thu Nov 08, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA Transfers
Replies: 7
Views: 602

Re: Fidelity CMA Transfers

I have used BIll Pay to setup automated monthly transfers between accounts.
Does not do auto-investment, but does transfer between accounts automatically.
by marcopolo
Thu Nov 08, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 61
Views: 6421

Re: Amazon says TurboTax 2018 will be released November 12

Queue the thread about free copy from Fidelity :happy
by marcopolo
Wed Nov 07, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Teaching kids there is an ample amount of money
Replies: 108
Views: 7960

Re: Teaching kids there is an ample amount of money

I'm wondering how high net worth families teach their children about money. I think I'll tell my kids that we are blessed / fortunate to not have to worry about money but we are also resourceful and don't buy a bigger house or fancier cars (or more toys) just because we can. To me that seems more t...
by marcopolo
Tue Nov 06, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: ACA in early retirement question.
Replies: 20
Views: 1374

Re: ACA in early retirement question.

Your previous employer allows you to get back into their plan after several years out of it after retirement? I think that is rather unusual? As I understand it, Megacorp's retiree plan lets you get in at any time, but only during the usual open enrollment. In fact they just sent me the forms for t...
by marcopolo
Tue Nov 06, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: ACA in early retirement question.
Replies: 20
Views: 1374

Re: ACA in early retirement question.

I have been an ACA user, with subsidy, since 2015 when I early retired at age 59. When the ACA was a political hot potato last year I looked into purchasing health insurance through a previous employer. I was eligible for that insurance but at a retired employee rate which, while far less than the ...
by marcopolo
Tue Nov 06, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: ACA in early retirement question.
Replies: 20
Views: 1374

Re: ACA in early retirement question.

My wife and I have both retired in our very late 50's. My wife signed up for what she though was COBRA with her former employer when she retired. We are paying the premiums in their entirety to cover both of us, no minor children. We were going to apply for an ACA policy during the open enrollment ...
by marcopolo
Tue Nov 06, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: ACA in early retirement question.
Replies: 20
Views: 1374

Re: ACA in early retirement question.

What is the difference between a bridge insurance and a COBRA? COBRA is continuation of the insurance you had while working, with the insured paying all costs and usually a 10% administration cost . In most states this will run out in 18 months, although some have extended that. The "bridge" sounds...
by marcopolo
Mon Nov 05, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7355

Re: Do people calculate savings rate on gross income?

I used gross income plus my employer 401k matching in the denominator.
It also got added to the numerator, since i was saving all of it.
by marcopolo
Mon Nov 05, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4355

Re: Question on the 4% withdrawal rule

The main point i was trying to make is that when comparing various strategies, you are more likely to convince people if you make fair comparisons (same underlying assumptions), rather than using different assumptions for different methods that obviously favor the outcome you are seeking. It weaken...
by marcopolo
Mon Nov 05, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4355

Re: Question on the 4% withdrawal rule

With a 50/50 US stocks and bonds portfolio, a 30-year SWR failed for a 1966 retiree, but VPW reduced withdrawals to 2.53% of the initial portfolio in inflation-adjusted terms. I was being more conservative than 1966's outcome. Look at the Mr. Money Mustache website, if you don't believe me that man...
by marcopolo
Mon Nov 05, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4355

Re: Question on the 4% withdrawal rule

First, there's a world of difference between a single year withdrawal (in the midst of higher withdrawals) equal to maybe 2.5% of initial portfolio adjusted to inflation , in a really bad VPW run, and 0% every year after due to portfolio depletion in a bad SWR run. Second, unlike VPW which explicit...
by marcopolo
Mon Nov 05, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4355

Re: Question on the 4% withdrawal rule

Why would anyone continue promoting a fixed inflation adjusted SWR when no one intends to follow it? Those who don't like VPW can promote constant-percentage withdrawal (CPW) or the actuarial method (the general method underlying VPW), or any other method which doesn't expose the retiree to total r...
by marcopolo
Sat Nov 03, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement
Replies: 8
Views: 776

Re: Tax-efficient fund placement

Hi all. I was wondering if anyone else struggles with this tax-efficient fund placement issue. I'm sure there are many people... 1)Larger taxable account compared to 401k (and continues to grow larger), high tax bracket. All bonds will end up in 401k. Are people leaving some equities in 401k or jus...
by marcopolo
Sat Nov 03, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX -> FSKAX
Replies: 15
Views: 1497

Re: FSTVX -> FSKAX

Spoke to Fidelity representative about the lost cost basis info. They assured me that all the historical cost basis info and individual lot information would be retained, and restored on the web site. Said it might take a week or so fo it all to be visible on the web site. Did you specifically ask ...