Search found 309 matches

by WoodSpinner
Tue Nov 21, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Advice for end of 2017??
Replies: 4
Views: 385

Re: Advice for end of 2017??

Have you considered increasing charitable donations? :greedy
by WoodSpinner
Tue Nov 21, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Help with mom's portfolio plan [taxes, SS, & selling $100k of single stock]
Replies: 19
Views: 716

Re: Help with mom's portfolio plan [taxes, SS, & selling $100k of single stock]

OP, My suggestion is to sell ALL DTE stock for the simple reason it is too risky and does not meet her portfolio objectives. Pay the taxes and invest based on your plan. You can make a quarterly payment by Jan 15, 2018 for FY2017. There are thousands of threads on the issue of Divedends versus selli...
by WoodSpinner
Mon Nov 20, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Asset location in retirement (stocks)?
Replies: 9
Views: 654

Re: Asset location in retirement (stocks)?

Check this WIKI entry and see if it helps with your question....

https://www.bogleheads.org/wiki/Tax-eff ... _placement
by WoodSpinner
Sun Nov 19, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3213

Re: Vanguard Personal Advisor Services/Portfolio Review

I'll echo most of the comments above. Congrats and good plan... Several thoughts: 1. I too think one bond fund is sufficient, VG's total US bond. I do not understand the need for international bonds at all. VBTLX does the job in its entirety and is the cheapest way to go too. 2. I'm not a fan of in...
by WoodSpinner
Sun Nov 19, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3213

Re: Vanguard Personal Advisor Services/Portfolio Review

I agree with Taylor that you only need one bond fund; your plan is reasonable. Humble apologies, but I disagree. I think it’s much better to structure your bond funds to match your spending horizon (eg when you need the money) to reduce the impact of yield changes over time. For instance, Cash (1 y...
by WoodSpinner
Sun Nov 19, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3213

Re: Vanguard Personal Advisor Services/Portfolio Review

Looks like a great portfolio to me. I think you may have a small lack of flexibility since your stocks are essentially all in taxable and the bonds are all in IRA/Roth IRA. If this becomes an issue, it will not be difficult to figure out a simple solution. It seems to me you have way more money tha...
by WoodSpinner
Fri Nov 17, 2017 8:37 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 96
Views: 4276

Re: Where did you first learn about investing?

<snip> I have exactly 8 working days left to Retirement and I wouldn’t have been prepared without all of these influences . Been working for 40 years—time for something different! WoodSpinner 8-) Congratulations! I do hope for you that your retirement will be as fantastic as mine has been for the p...
by WoodSpinner
Thu Nov 16, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 96
Views: 4276

Re: Where did you first learn about investing?

Op, Great question, here are a few of my experiences.... 1. My mother belonged to an investment club and used to pour over the stock charts looking for patterns. She enlisted me, As her 7 year-old sidekick hunting for the right pattern so she could invest her small pile. I don’t think a she got rich...
by WoodSpinner
Thu Nov 16, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: Fixed percentage withdrawal of maximum portfolio value?
Replies: 14
Views: 1146

Re: Fixed percentage withdrawal of maximum portfolio value?

AlohaJoe wrote:
Thu Nov 16, 2017 7:39 am
columbia wrote:
Thu Nov 16, 2017 7:32 am
In the bar graph, EM = ...what?
It is from Michael McClung's book Living Off Your Money. The full name is "Extended Mortality Updating Using Failure Percentage".
Gotta give you major kudos for that analysis!!

:sharebeer

How did you do it? I need to up my toolkit.
by WoodSpinner
Tue Nov 14, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4305

Re: BOGLEHEADS 2017 VIDEOS

I really appreciate the videos and find them quite interesting and informative. All of the hard work it took to pull this together is definitely worthwhile! :greedy One suggestion for improvement for next year is to try and involve and show the entire panel. I would have liked to hear more from Chr...
by WoodSpinner
Tue Nov 14, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4305

Re: BOGLEHEADS 2017 VIDEOS

I really appreciate the videos and find them quite interesting and informative. All of the hard work it took to pull this together is definitely worthwhile! :greedy One suggestion for improvement for next year is to try and involve and show the entire panel. I would have liked to hear more from Chri...
by WoodSpinner
Mon Nov 13, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5009

Re: POAs may not be that powerful

Banks and brokerages may refuse a POA. https://www.nytimes.com/2016/05/10/health/finding-out-your-power-of-attorney-is-powerless.html?_r=0 This was a wake-up call for me earlier this year and I bit the bullet and setup PoA authority for all of my accounts. Lots of paperwork and notary, but I sleep ...
by WoodSpinner
Mon Nov 13, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Failure to file Form 8606 30 years ago....
Replies: 6
Views: 1521

Re: Failure to file Form 8606 30 years ago....

So, long story short, my wife transferred a pre-tax traditional IRA over to Vanguard in 1989 that was less than $2,000, but Vanguard required a minimum opening balance of $2,000, So she kicked in $300 at the time of the transfer. The transfer was executed as a distribution then contribution (1009-R...
by WoodSpinner
Mon Nov 13, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 12
Views: 1156

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

siamond,

If you are comfortable with it, I would love some insights into your decision making rules. What are they? How did you structure them?

Thanks

joel
by WoodSpinner
Sun Nov 12, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Unnecessary Corporate Meetings
Replies: 25
Views: 1882

Re: Unnecessary Corporate Meetings

I sometimes have meetings to discuss what to talk about during the next meeting. Sigh. My personal favorite is the The meeting before the meeting to make sure there are no disagreements at the meeting Followed closely by The meeting after the meeting to make sure the agreements were really there an...
by WoodSpinner
Fri Nov 10, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Looking for some feedback on finances/planned home purchase.
Replies: 14
Views: 1231

Re: Looking for some feedback on finances/planned home purchase.

OP here. Just wanted to give a quick update to this thread (I know I like to see closure on others' threads). We ended up buying a townhouse for $375,000 and put 20% down. That left us with a mortgage right at $300,000, which is right at 2x our income. PITI + HOA is just under $2,000 (16% of gross ...
by WoodSpinner
Thu Nov 09, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning and Suggestions Needed
Replies: 5
Views: 626

Re: Retirement Planning and Suggestions Needed

Op,

You might find this WIKI article helpful.

Prioritizing Imvestments.

8-)
by WoodSpinner
Thu Nov 09, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleizing Widowed Mom's Portfolio (tax considerations)
Replies: 25
Views: 1697

Re: Bogleizing Widowed Mom's Portfolio (tax considerations)

DA200, One suggestion fwiw, Use the remaining space in the 15% bracket to sell off the larger Taxable gains. After that, take the Tax hit and shift to a more Bogle approach. Might consider a Donor Advised Fund if she is interested in charitable deductions—you can donate holdings from the Taxable acc...
by WoodSpinner
Thu Nov 09, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Wes Gray: Do Trend Folowing Managed Futures Increase Safe Withdrawal Rates?
Replies: 14
Views: 1022

Re: Wes Gray: Do Trend Folowing Managed Futures Increase Safe Withdrawal Rates?

https://alphaarchitect.com/2017/11/08/trend-following-managed-futures-safe-withdrawal-rates/ This is an article I found on alpha architect by Wes Grey. It looks at how adding Time Series Momentum (Managed Futures) to a Portfolio can increase the safe withdrawal rate in retirement. This is potential...
by WoodSpinner
Thu Nov 09, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3852

Re: Coffee

For those interested in learning more about coffee I recommend the “Caffeinated” documentary on Netflix. Watch it on your iPad while enjoying your favorite brew. On that note since wine came into the equation, I recommend “Somm” and its follow up documentary also on Netflix. Thanks-will do just that.
by WoodSpinner
Thu Nov 09, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 797

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

I think we are in agreement on this—especially since the fund they are proposing as a replacement cement is taking on significantly more risk to improve returns.

8-)
by WoodSpinner
Wed Nov 08, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 797

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Op, I think bonds are an area where Active investing often outperforms passive investing, even with higher ER expenses. I hold some PIMCO (PONPX) in the Portfolio along with VCSH and BIV. :beer Eh, it's been a few years, but all of the studies I read concluded that, once you choose the type of bond...
by WoodSpinner
Wed Nov 08, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3852

Re: Coffee

Love small coffee shops and high quality roasters (we are lucky to have a Peet's close by). ... I don't understand the proliferation of Starbucks and other large chains, yet somehow they are making a living. I like Peet's too, but I would definitely consider it one of the large chains!!! 5000 emplo...
by WoodSpinner
Wed Nov 08, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 797

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Op,

I think bonds are an area where Active investing often outperforms passive investing, even with higher ER expenses.

I hold some PIMCO (PONPX) in the Portfolio along with VCSH and BIV.

:beer
by WoodSpinner
Wed Nov 08, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 12
Views: 1156

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

Very nicely done. You mention that one of the reasons for doing this is... "Becomes a vehicle my DW can use in case I pass early or loose my faculties." Is your DW able to manage the portfolio as currently designed ? Would she know how to re-balance ? If she can, that's great. If not, perhaps a sec...
by WoodSpinner
Wed Nov 08, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3852

Re: Coffee

OP, Coffee is also one of my passions and I really appreciate a well pulled Americano! Love small coffee shops and high quality roasters (we are lucky to have a Peet's close by). That said--I have invested in a Grinder and Espresso machine and normally can pull better shots than just about any store...
by WoodSpinner
Wed Nov 08, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 12
Views: 1156

Retirement Policy Statement (RPS) -- Is anyone else using one?

As part of planning for retirement this year, I decided to build a Retirement Policy Statement (RPS) to document our retirement finances, cash-flows, and key strategies. Originally I was inspired by an article on Morningstar but this has quickly morphed into a much more extensive document. This docu...
by WoodSpinner
Sun Nov 05, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about opening an account with Merrill Edge
Replies: 30
Views: 4314

Re: Thinking about opening an account with Merrill Edge

One thing I forgot to ask but discovered on the web is making the regular account a TOD account requires a notary. I have never encountered this before. My plan is to request the local Bank of American branch to notarize it for free. Yes, it's true and fairly annoying. I like to do things online an...
by WoodSpinner
Sun Nov 05, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about opening an account with Merrill Edge
Replies: 30
Views: 4314

Re: Thinking about opening an account with Merrill Edge

OP, I have accounts with Merrill Edge and have been pleased with the service and expenses. Maybe a bit to dependent on manual forms (vs online actions) in some areas (change beneficiaries, POA, Xfer money in/out). That said, I am there because I wanted to consolidate to a single broker to simplify l...
by WoodSpinner
Fri Nov 03, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans: Best to Pay Down or Wait for Forgiveness?
Replies: 33
Views: 2054

Re: Student Loans: Best to Pay Down or Wait for Forgiveness?

Op, I admire you for working this issue proactively and not hoping it will just magically go away. Personally, I suggest: 1. Consolidate loans and reduce that interest rate-forget forgiveness. 2. I think you have done well in having a house, and renters to help cover the costs of mortgage. I would k...
by WoodSpinner
Fri Nov 03, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Is there a way to track CalPers as an investment?
Replies: 4
Views: 460

Re: Is there a way to track CalPers as an investment?

Hi all - my spouse recently started working for the state of CA and is eligible for CalPers pension benefits (meaning she is contributing and is getting employer contributions). I'd like to somehow keep track of these contributions in our overall portfolio - I use personalcapital.com to manually tr...
by WoodSpinner
Thu Nov 02, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees Move to Index Funds?
Replies: 9
Views: 1032

Re: Retirees Move to Index Funds?

Annmacq, Short answer to your question is that moving to low-cost index funds is very advantageous over an actively managed portfolio. Longer answer to your question is that you need to be asking a lot more questions and providing a lot more information to answer them. For instance: - What is an app...
by WoodSpinner
Thu Nov 02, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15081

Re: What was the main reason you retired?

Nothing is worse then not being happy in a job that takes up 8-10 hours of your day for 5 days per week for 30+ years just to make money. I concur. It's absolutely amazing to me the rationalizations one is capable of if he is raised in a environment where the highest goals are to put food on the ta...
by WoodSpinner
Thu Nov 02, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: ETF vs Investor Shares (Bonus Q: Fund Allocation)
Replies: 17
Views: 890

Re: ETF vs Investor Shares (Bonus Q: Fund Allocation)

OP, BND is considered tax inefficient since it generates taxable income streams due to the interest. You might want to review the WIKI on https://www.bogleheads.org/wiki/Tax-efficient_fund_placement . Some of the strategy depends on your income and tax rates, but that is the general idea. Typically ...
by WoodSpinner
Wed Nov 01, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Living trust and beneficiary
Replies: 12
Views: 1239

Re: Living trust and beneficiary

Hello everybody, I have a living trust where the house i own will go to my son when i pass away. Should i include my IRA / 401K/ assets in mutual funds and bank accounts into the trust. Or naming him as my sole beneficiary on these different accounts enough to avoid probate. Thank you so much for y...
by WoodSpinner
Wed Nov 01, 2017 3:45 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 177
Views: 35867

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Okay -- another question, this time on the Portfolio Finder Calculator. It looks intriguing, but what I don't see is how to determine the relative weights for a particular Portfolio listed in the Most Consistent Portfolio Table or a data point on the graph. The Portfolio Finder assumes that each as...
by WoodSpinner
Wed Nov 01, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 177
Views: 35867

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Tyler, Okay -- another question, this time on the Portfolio Finder Calculator. It looks intriguing, but what I don't see is how to determine the relative weights for a particular Portfolio listed in the Most Consistent Portfolio Table or a data point on the graph. Its interesting to see the differen...
by WoodSpinner
Tue Oct 31, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: taxes on selling off photo gear?
Replies: 13
Views: 951

Re: taxes on selling off photo gear?

Can I interest anyone in some mint Bronica gear?

:D
by WoodSpinner
Tue Oct 31, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: WR calculation [Withdrawal Rate]
Replies: 40
Views: 2511

Re: WR calculation

Hi All, Hoping someone could provide a basic calculation for determining assets required for early retirement. I understand it has everything to do with anticipated expenses, but I'm just trying to understand the formulas referred to in so many posts here (SWR and 35X annual expenses). ER planned a...
by WoodSpinner
Tue Oct 31, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 6026

Re: Unable to Escape from Quicken Island ...

For me the final nail in the coffin for Quicken is security and privacy. Starting from the 2014 version, they started requiring that all of your bank account passwords be passed to their Quicken servers. Your data is downloaded from the banks to Quicken servers and then passed onto Quicken software...
by WoodSpinner
Tue Oct 31, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12504

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

I am wondering about the validity of an alternate approach. As part of my retirement planning, I have built a mega-spreadsheet which lays out an income stream that varies across my expected planning horizon. The stream is inflation adjusted and is about as accurate as any 30 year deterministic mode...
by WoodSpinner
Tue Oct 31, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12504

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

Bobcat, Great thread, I just discovered it so my apologies for a delayed question. I am wondering about the validity of an alternate approach. As part of my retirement planning, I have built a mega-spreadsheet which lays out an income stream that varies across my expected planning horizon. The strea...
by WoodSpinner
Mon Oct 30, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Basic money management s/w for a mac-based millennial English major?
Replies: 21
Views: 1291

Re: Basic money management s/w for a mac-based millennial English major?

Like a lot of her peers my daughter has graduated college and she's working, but just doesn't feel confident that she understands where her money is going and whether she's meeting her savings goals. She's not disciplined enough to build her own budget and track everything via spreadsheet. Dad uses...
by WoodSpinner
Fri Oct 27, 2017 9:40 pm
Forum: Personal Consumer Issues
Topic: Going to SF, Yosemite and Sacramento and NOW PORTLAND
Replies: 49
Views: 2334

Re: Going to SF, Yosemite and Sacramento and NOW PORTLAND

You may also consider going to Sequoia and Kings Canyon NP got the ultimate Redwood experience.

It’s fairly close to Yosemite and amazing

Recommended by DW!
by WoodSpinner
Fri Oct 27, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7651

Re: Can I retire today?

FraggleRock wrote:
Fri Oct 27, 2017 5:16 pm
Teague wrote:
Fri Oct 27, 2017 4:19 pm
Assume all assets are 35% S&P 500, 65% intermediate bond fund
I think, at your age, should be: 80% stocks and 20% cash.
Huh?

At 58. And considering retirement?

80/20 seems very aggressive...

But I am not a big risk taker.
by WoodSpinner
Fri Oct 27, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Going to SF, Yosemite and Sacramento and NOW PORTLAND
Replies: 49
Views: 2334

Re: Going to SF, Yosemite and Sacramento

Check if the Mariposa Redwood grove in Yosemite is open.... I would focus on a few great experiences rather than everything.

Good luck!

Making me wonder about a quick getaway myself..,
by WoodSpinner
Thu Oct 26, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 177
Views: 35867

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Thanks for the insights--will spend some time reviewing the links.

:D
by WoodSpinner
Thu Oct 26, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 177
Views: 35867

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Hopefully nobody minds me digging up an old thread, but it seemed most appropriate to post here rather than start a new one. To begin, I’d like to express my thanks to the Advisory Board for permitting me to discuss this openly. I am the author of PortfolioCharts.com. I’m also a long-time Boglehead...
by WoodSpinner
Mon Oct 23, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 53
Views: 7664

Re: Charles schwab - why so much cheaper?

Doc's answer is correct for buying open-ended Vanguard funds. I believe there is no fee to sell them. Dividend reinvestment is free. Plus I think you can't buy Admiral shares outside of Vanguard (possibly with a few exceptions). Those commissions are too high. So the answer is that if you want to b...