Search found 3551 matches

by CyclingDuo
Mon Sep 28, 2020 6:12 pm
Forum: Personal Investments
Topic: Asset Allocation at age 61
Replies: 60
Views: 6402

Re: Asset Allocation at age 61

Hi CyclingDuo, I love your handle name. I picture you and your spouse riding carefree through the hills. Thanks for your support on this forum. I find your information enlightening, and I appreciate your sensitivity to my learning curve in wake of my dad's recent death. I am not accustomed to wide ...
by CyclingDuo
Mon Sep 28, 2020 12:26 pm
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 96
Views: 11443

Re: CALPERS sees the light

Bogleheads: CALPERS is finally giving up on most of its fund managers in favor of index funds: Almost $14 Billion Pulled From CALPERS Equity Managers Best wishes. Taylor :beer Other headline news today regarding other pension funds: Why do they keep doing it? Why do pension fund trustees keep doing...
by CyclingDuo
Mon Sep 28, 2020 9:37 am
Forum: Personal Investments
Topic: Asset Allocation at age 61
Replies: 60
Views: 6402

Re: Asset Allocation at age 61

Glad to hear from you! I sold $174,614 on Friday, plus earlier in month I sold some LIN and PCAR. I also placed Limit Orders for more but didn't go through. LIN: 410 shares at $233.00 and $232.60 a share: $95,409.90 PEP: 260 shares at $133.70 a share: $34,766.46 CAT: 100 shares at $146.22 a share: ...
by CyclingDuo
Mon Sep 28, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 96
Views: 11443

Re: CALPERS Needs 7% Return

Okay. "Actionable" is still questionable, but needless to say I think most here are already saving via investment vehicles of some kind anyway. Thing is, your statements are not incorrect. However, I am stating a fact: that public sector pensions should be relied on and therefore not serve as fodde...
by CyclingDuo
Sun Sep 27, 2020 3:36 pm
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 96
Views: 11443

Re: CALPERS Needs 7% Return

I guess the actionable item for anyone who is counting on a pension and SS as part of their income streams in retirement is to not forget to build up the all important risk portfolio leg of your retirement income stream stool (403b/401k/457b/HSA, IRA's, taxable account) as well along the way in cas...
by CyclingDuo
Sun Sep 27, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 96
Views: 11443

Re: CALPERS Needs 7% Return

BTW why did this silly nonactionable thread get resurrected again anyway? Curious why as well. I guess the actionable item for anyone who is counting on a pension and SS as part of their income streams in retirement is to not forget to build up the all important risk portfolio leg of your retiremen...
by CyclingDuo
Sun Sep 27, 2020 9:05 am
Forum: Personal Investments
Topic: Asset Allocation at age 61
Replies: 60
Views: 6402

Re: Asset Allocation at age 61

35.59% Taxable Individual Stocks: $711,985 Income = Current dividend stocks projected income: $14,100 a year. Following hold in long positions Dividend Yields 8.93% Linde (LIN) $178,592 1.5% 3.42% Walt Disney (DIS) $68415 N/A 6.90% Caterpillar (CAT) $137,295 2.7% 3.11% Paccar (PCAR) $61388 4.2% 5.7...
by CyclingDuo
Sat Sep 26, 2020 4:15 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 77
Views: 6113

Re: Were you nervous when you retired?

Investments are sufficient to retire, far in excess of needs, wants, desires. SO retired a year ago, I am part time. I am at a decision point to cut the cord, perhaps decide this weekend, Monday, end of month. With stretches of days off I really don't mind going in to work but when the alarm rings ...
by CyclingDuo
Sat Sep 26, 2020 2:41 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 77
Views: 6113

Re: Were you nervous when you retired?

Investments are sufficient to retire, far in excess of needs, wants, desires. SO retired a year ago, I am part time. I am at a decision point to cut the cord, perhaps decide this weekend, Monday, end of month. With stretches of days off I really don't mind going in to work but when the alarm rings ...
by CyclingDuo
Sat Sep 26, 2020 2:28 pm
Forum: Personal Investments
Topic: Need help with my investment plan after reading Larry Swedroe
Replies: 43
Views: 2916

Re: Need help with my investment plan after reading Larry Swedroe

25% FXAIX (Fidelity 500 Index) 25% FSSNX (Fidelity Small Cap Index) 25% FSPSX (Fidelity International Index) 25% FXNAX (Fidelity US Bond Index) Those four funds together would be an improvement as they, in essence, gives you the entire market. The Fidelity 500 + the Small Cap would give you the tot...
by CyclingDuo
Sat Sep 26, 2020 7:53 am
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2515

Re: Pay more on 2.49% car loan or invest in taxable?

I am with 9-5 Suited. We shouldn't introduce all the irrelevant conditions listed in the thread. They only make the whole thing murky. The question is whether to pay off a 6-year loan of a 2.49% interest on whatever or not in the current financial environment. Again, the financial wisdom of choosin...
by CyclingDuo
Sat Sep 26, 2020 7:50 am
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2512

Re: Does my house payment budget make sense?

Like the idea of using a multiple of expenses. Hard to project what that number is at this point for me, but recognize the idea is that more never hurts. It gets easier the older you get and closer to retirement. In our case, once the nest was empty and we started using budget apps to focus on what...
by CyclingDuo
Fri Sep 25, 2020 9:44 pm
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 54
Views: 3690

Re: How to combine finances with your spouse? Recently married/early30s

Monsterflockster wrote: Fri Sep 25, 2020 9:09 pm
atlgenxennial wrote: Fri Sep 25, 2020 2:59 pm Half is hers. That's what marriage is. Should have signed a pre-nup, or not gotten married.

It's that simple to me.
+1.
^^^^^ :beer
by CyclingDuo
Fri Sep 25, 2020 9:11 pm
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2512

Re: Does my house payment budget make sense?

One area I would change and that impacts $ available for house is savings. You have a very nice amount in investments. However in the expenses of OP’s post I would want to see a minimum of 15% put into designated retirement accounts from ALL sources of income. Apologies not fully following here. Yo...
by CyclingDuo
Fri Sep 25, 2020 12:31 pm
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2515

Re: Pay more on 2.49% car loan or invest in taxable?

The car depreciates regardless of how you pay for it. That’s more an issue of purchasing a car that’s the right price you can afford. There’s nothing really wrong with financing a depreciating asset unless you think there’s a high probability you could be forced to sell it underwater and doing so w...
by CyclingDuo
Fri Sep 25, 2020 10:49 am
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2512

Re: Does my house payment budget make sense?

Would like extra set of eyes on my house monthly budget below. Quick summary: Married early-30s with 2 kids, HCOL area Combined income (salary + steady bonus): $400K. We also receive commission that could be $30K-$130K that I’m not including for purposes of the budget given variability and uncertai...
by CyclingDuo
Fri Sep 25, 2020 9:33 am
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2515

Re: Pay more on 2.49% car loan or invest in taxable?

The car depreciates regardless of how you pay for it. That’s more an issue of purchasing a car that’s the right price you can afford. There’s nothing really wrong with financing a depreciating asset unless you think there’s a high probability you could be forced to sell it underwater and doing so w...
by CyclingDuo
Fri Sep 25, 2020 7:38 am
Forum: Personal Investments
Topic: Dollar cost averaging question
Replies: 7
Views: 656

Re: Dollar cost averaging question

I have been contributing twice per month into 4 ETFs (ie four portfolio plan). The record keeping and contributing to rebalance to us a little cumbersome. Is there any long term difference between monthly contributions vs twice monthly (obviously the same amount of money contributed)? There are bro...
by CyclingDuo
Fri Sep 25, 2020 7:13 am
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2515

Re: Pay more on 2.49% car loan or invest in taxable?

I have a 6 year car loan at 2.49%. I already have a good emergency fund and have maxed out my Roth & 401K. I feel comfortable overpaying my car loan by $250 each month...should I do that or invest that $ in a brokerage account A six year loan on a depreciating asset?! :oops: What was the original p...
by CyclingDuo
Thu Sep 24, 2020 4:42 pm
Forum: Personal Investments
Topic: Extra $180/Month after Refinance. Where does it go?
Replies: 22
Views: 2436

Re: Extra $180/Month after Refinance. Where does it go?

Thanks for your thoughtful response. After talking with my wife, we have decided to start 529s. My thinking on the future of education was that so many universities are starting to offer online and even free classes. The skills of tomorrow, coding etc can probably be obtained outside of a college s...
by CyclingDuo
Wed Sep 23, 2020 11:00 am
Forum: Personal Investments
Topic: Overfund a 529 or put some in an UTMA?
Replies: 19
Views: 1037

Re: Overfund a 529 or put some in an UTMA?

I just had my first child & my parents indicated they want to superfund a 529 for my daughter to the tune of $100k. Obviously this is a very blessed & privileged position to be in, and I want to make sure I manage it appropriately. Parents have indicated they want to do the same for any future chil...
by CyclingDuo
Wed Sep 23, 2020 9:54 am
Forum: Personal Investments
Topic: High Dividend for diversification
Replies: 42
Views: 2733

Re: High Dividend for diversification

I view dividend stocks (and funds) as forced sale vehicles. Every time you get a dividend (in a taxable account), you'll have to pay tax on it, whether you take it as cash, re-invest it or use it to buy another stock or fund. You have no choice. You're taking that dividend and you're paying tax. On...
by CyclingDuo
Wed Sep 23, 2020 9:43 am
Forum: Personal Investments
Topic: High Dividend for diversification
Replies: 42
Views: 2733

Re: High Dividend for diversification

Dividends may not be free money, but they sure are free entertainment. https://www.bogleheads.org/forum/viewtopic.php?t=274340 https://www.bogleheads.org/forum/viewtopic.php?t=294211 https://www.bogleheads.org/forum/viewtopic.php?f=10&t=277917 https://www.bogleheads.org/forum/viewtopic.php?f=10&t=3...
by CyclingDuo
Wed Sep 23, 2020 9:19 am
Forum: Personal Investments
Topic: High Dividend for diversification
Replies: 42
Views: 2733

Re: High Dividend for diversification

what is a good portfolio of dividend assets that one can start buying shares in at a young age and build it over the course of 30 years without having to sell or substitute with time? like a solid 10 to 15 stocks or etfs or whatever to hold on to and keep DCA and DRIP approach to so that when one h...
by CyclingDuo
Tue Sep 22, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic Number; Rule of 25; 4%; etc.
Replies: 46
Views: 3026

Re: The Magic Number; Rule of 25; 4%; etc.

Figuring out the CORRECT expenses is very difficult. For example, suppose that I have determined that my retirement expenses will be $80k per year. Then, it will certainly be better if we could do one more vacation each year, add $5,000. How about supporting our grandkids (we don't have any yet) fo...
by CyclingDuo
Tue Sep 22, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic Number; Rule of 25; 4%; etc.
Replies: 46
Views: 3026

Re: The Magic Number; Rule of 25; 4%; etc.

I have spent a lot of time reading the boards, reading about FI, etc. Some rules of thumb seem to be well accepted (eg Rule of 25, 4%, etc.). I see the wisdom in those rules; however, I struggle to understand the "low" living expenses. I had a Garret Network (independent and fixed fee) financial pl...
by CyclingDuo
Tue Sep 22, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees thought about cutting spending in March 2020?
Replies: 53
Views: 3747

Re: Any retirees thought about cutting spending in March 2020?

Another aspect to this discussion: though it surely sounds like most retirees spent less just because the opportunity to spend declined. However, I bet most of us at least thought about the decline in portfolio/IRA value, and the economy in general. In our case it served to remind us that we do ind...
by CyclingDuo
Tue Sep 22, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees thought about cutting spending in March 2020?
Replies: 53
Views: 3747

Re: Any retirees thought about cutting spending in March 2020?

One of the strategies suggested to deal with sequence of withdrawal risks (SWR) is to cut spending when the market is in serious trouble. I think we had one of those moments in March this year for a short period of time. However, cutting spending in retirement is not a fun thing as it requires sacr...
by CyclingDuo
Mon Sep 21, 2020 10:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20234
Views: 2762188

Re: U.S. stocks in free fall

"Investors pulled $3.5 billion from the largest tech ETF [QQQ] Friday, the biggest daily withdrawal for the fund in 20 years." Source Watched QQQ for months and dediced to buy some end of last week. I wouldn't be surprised if we get a 2nd dotcom crash at this point. Market is always tryining to mak...
by CyclingDuo
Mon Sep 21, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: The relentless rules of humble arithmetic
Replies: 19
Views: 3686

Re: The relentless rules of humble arithmetic

cos wrote: Sun Sep 20, 2020 9:01 pm
Oh man, Figure 4 is freakin' hilarious!
Where do we buy the t-shirts with that logo on them?
by CyclingDuo
Mon Sep 21, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Cash that's been on sidelines for 2-3 months
Replies: 9
Views: 1570

Re: Cash that's been on sidelines for 2-3 months

QP1512 wrote: Sun Sep 20, 2020 9:46 pm Any suggestions right now in the stock market? I've been watching Tech ( Apple mainly ), but think it could fall a little more. Yes, I know you can't time it. Thoughts on XLE?
No thoughts outside of this...

https://imgur.com/gallery/BlK4jzM
by CyclingDuo
Mon Sep 21, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 145
Views: 12923

Re: Is anyone waiting until after the election?

I know, I know: Time in the market, not timing the market. BUT: I have some new cash (about 6% of total portfolio) and I'm curious whether anyone else is waiting until after the US election in 45 days? Election! That seems to be the talking trend that many birds have rotated towards. There's always...
by CyclingDuo
Mon Sep 21, 2020 8:59 am
Forum: Personal Investments
Topic: Extra $180/Month after Refinance. Where does it go?
Replies: 22
Views: 2436

Re: Extra $180/Month after Refinance. Where does it go?

...currently max work retirement plan , and my Roth IRA and wife's Trad IRA each year. Save another $500 per month that I'm putting into online savings with no specific purpose. We have a fully funded 6 month emergency fund and a brokerage account with about 100K in Total Stock and Total Int'l . De...
by CyclingDuo
Sun Sep 20, 2020 11:26 am
Forum: Personal Investments
Topic: Lump sum mortgage payoff at 3.75% vs. invest
Replies: 15
Views: 1022

Re: Lump sum mortgage payoff at 3.75% vs. invest

Hello bogleheads, short-term lurker here who has appreciated this board immensely over the last few years. Hoping for some advice: Scenario: Wife and I are mid-30s, single income household (at the moment due to COVID) of 120K/yr with two toddlers. About 170K total spread across retirement accounts ...
by CyclingDuo
Sun Sep 20, 2020 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Retirement re-planning for 50+
Replies: 30
Views: 3352

Re: Retirement re-planning for 50+

My husband and I are both 50+ years old. We have been saving cash, investing in VG mutual funds, real estates, etc. Our youngest child is heading to a college next year. I start to think of the next phase of our life. So, what are the retirement planning we should do now? Before now, our retirement...
by CyclingDuo
Sun Sep 20, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3503

Re: Chris Hogan's Facebook Group restrictions

I recently joined Chris Hogan's official Facebook finance group "Hogan's Everyday Millionaires" in which Chris Hogan posts himself often. There was a post yesterday in the group asking for personal opinions as how to start investing or how to optimize investing. User seemed overwhelmed/confused as ...
by CyclingDuo
Sat Sep 19, 2020 10:25 pm
Forum: Investing - Theory, News & General
Topic: I was wrong! Recession in 10 years 8 Months
Replies: 25
Views: 5662

Re: I was wrong! Recession in 10 years 8 Months

Folks, https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States I have been quoting that historically since 1836, there has been at least one US recession every 10 years. I was wrong. 2020 recession is 10 years 8 months from the 2007/2009 recession. This time is different. KlangFool Yo...
by CyclingDuo
Sat Sep 19, 2020 10:06 pm
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 13686

Re: Losing Money with Index Funds

Great simplified detailed info! I will come back here with the sticky portfolio questions answered Be a slow and steady Sarah, MissOptimist during your years of accumulation: https://imgur.com/gallery/BlK4jzM Then in your years of decumulation, you spend it in a fashion that is most appropriate for...
by CyclingDuo
Sat Sep 19, 2020 9:26 pm
Forum: Personal Consumer Issues
Topic: bought upright Steinway "festival piano" sight unseen
Replies: 13
Views: 1482

Re: bought upright Steinway "festival piano" sight unseen

Interesting to hear your take as you obviously have a professional connection to pianos. In addition to OP being unable to *see* the piano prior to taking delivery, I would think that other aspects of the piano would also be important, such as sound quality and the touch of the keyboard, to name tw...
by CyclingDuo
Sat Sep 19, 2020 5:33 pm
Forum: Personal Consumer Issues
Topic: Safest/Best way to sell an Iphone 7
Replies: 25
Views: 1146

Re: Safest/Best way to sell an Iphone 7

Just ended up working at my last job. They are letting me keep my company phone, which is an iphone 7 256GB, It is fully functional, no cracks, and I see it sells for about $250 on ebay. I will be getting the Iphone 12 Pro Max next month when it comes out, but I already have my Iphone 7 Plus to tra...
by CyclingDuo
Sat Sep 19, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: bought upright Steinway "festival piano" sight unseen
Replies: 13
Views: 1482

Re: bought upright Steinway "festival piano" sight unseen

Hi all- So I've realized for quite some time that, given my too-agreeable and passive personality, I should avoid salespeople at all costs. Here's a fine example. My wife and I have been thinking for quite some time about buying a new vs lightly used Steinway. We both play and have a ~2-year old da...
by CyclingDuo
Sat Sep 19, 2020 4:54 pm
Forum: Personal Consumer Issues
Topic: Safest/Best way to sell an Iphone 7
Replies: 25
Views: 1146

Re: Safest/Best way to sell an Iphone 7

Just ended up working at my last job. They are letting me keep my company phone, which is an iphone 7 256GB, It is fully functional, no cracks, and I see it sells for about $250 on ebay. I will be getting the Iphone 12 Pro Max next month when it comes out, but I already have my Iphone 7 Plus to tra...
by CyclingDuo
Sat Sep 19, 2020 7:54 am
Forum: Personal Investments
Topic: College Savings or “Other” Strategy
Replies: 16
Views: 1159

Re: College Savings or “Other” Strategy

Incredible and timely feedback. Thanks! Final follow up question. Anyone have a rule of thumb where they stopped contributing to the 529K and prioritized the next goal? One poster had $100K =4 years -@50K/year, which seems like a solid amount but who knows what the trajectory of education will be. ...
by CyclingDuo
Sat Sep 19, 2020 1:01 am
Forum: Personal Investments
Topic: Extra $180/Month after Refinance. Where does it go?
Replies: 22
Views: 2436

Re: Extra $180/Month after Refinance. Where does it go?

...currently max work retirement plan , and my Roth IRA and wife's Trad IRA each year. Save another $500 per month that I'm putting into online savings with no specific purpose. We have a fully funded 6 month emergency fund and a brokerage account with about 100K in Total Stock and Total Int'l . De...
by CyclingDuo
Thu Sep 17, 2020 8:12 pm
Forum: Investing - Theory, News & General
Topic: any lessons to remember from dot com bubble?
Replies: 22
Views: 2208

Re: any lessons to remember from dot com bubble?

Nicolas wrote: Thu Sep 17, 2020 3:43 pm The lesson I learned then was to not chase performance. I’m still struggling with that desire even though I don’t need the money.
So you're not going all in on Ford and GE? :mrgreen:
by CyclingDuo
Thu Sep 17, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: Stock that can act like bonds
Replies: 33
Views: 2508

Re: Stock that can act like bonds

The vast majority of preferred issues are held by corporations whom receive tax advantages for these holdings. These advantages do not extend to individuals. Obviously, you want preferred stock funds that pay all QDI (such as Invesco's PGF), so be aware that some ETF's or funds also include a porti...
by CyclingDuo
Thu Sep 17, 2020 10:36 am
Forum: Personal Investments
Topic: Investing with goal of early retirement, help?
Replies: 22
Views: 1317

Re: Investing with goal of early retirement, help?

Hello, all. I was steered to this site from the Boggleheads book. Not sure how the life algorithm brought me to the book. I'm happy to lurk around here. After feeling like I had somewhat of a plan figured out, it donned on me, "How can I retire if I can't get access to my IRA, ROTH IRA, 401k until ...
by CyclingDuo
Thu Sep 17, 2020 8:31 am
Forum: Investing - Theory, News & General
Topic: any lessons to remember from dot com bubble?
Replies: 22
Views: 2208

Re: any lessons to remember from dot com bubble?

...current valuations and environment remind me of 1999. This causes me to think about what lessons I learned then that could benefit me now. Have you ever heard the old adage, armies are always preparing for the last war? Bingo! It's healthy - for long term investors - that so much consensus is cu...
by CyclingDuo
Thu Sep 17, 2020 7:42 am
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 2539

Re: Opinions on 100% into VGT and QQQ

Thanks for the excellent replies everyone! You have raised a few points I had not thought of before. After reading your replies, I have actually become a bit uncomfortable about the 100k I own in vested Apple stock. Since I also work at Apple and major downturns in Apple stock come with an increase...
by CyclingDuo
Wed Sep 16, 2020 6:59 pm
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 909

Re: Late start, need advice on allocation and fund selection

What I find most thought-provoking and re-assuring is your insight that the amount we contribute between now and age 70 is more important than the actual asset allocation at this point. I had not thought this through fully until I got your response. I feel very confident in my ability to make large...