Search found 574 matches

by spdoublebass
Tue Oct 08, 2019 1:10 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 130
Views: 13859

Re: Currently invested in 100% stock

KlangFool wrote:
Tue Oct 08, 2019 12:48 pm

Thanks for taking the time to explain this process. I was unclear how this could be applied to lower income people.
by spdoublebass
Tue Oct 08, 2019 12:36 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 130
Views: 13859

Re: Currently invested in 100% stock

goodenyou, The portfolio size = 8X. X = annual expense. If the stock portion drops 50% and the bond portion stays the same, the portfolio drops from 80%/20% = 40%/20% = 60% of what it was. 60% of 8X = 4.8X Did I make a mistake? KlangFool I think you illustrated a 50% drop in stocks and bonds . The ...
by spdoublebass
Mon Oct 07, 2019 11:30 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 130
Views: 13859

Re: Currently invested in 100% stock

hoffse, 1) Thank you for giving a complete context for your post. 2) What do you think is the return difference between A) 100/0 B) 80/20 over a long period. Please give a number: 0.5% per year, 1% per year, 2% per year? 3) Your portfolio is at 8 times your annual expense. A) With 100/0, if the sto...
by spdoublebass
Thu Sep 26, 2019 1:14 pm
Forum: Personal Investments
Topic: Fine Art Investments
Replies: 77
Views: 4313

Re: Fine Art Investments

The only issue is have with this is only you know how well do you know the Art form? I’m a musician. I see instruments all the time that are for sale from people who need the cash for whatever reason. I often pick them up and flip them. BUT, I know what I am buying. I have no fear of not being able ...
by spdoublebass
Sat Sep 14, 2019 12:31 pm
Forum: Personal Investments
Topic: Vanguard Total Int'l Bond VTABX/BNDX Yield 0.29%
Replies: 32
Views: 3606

Re: Vanguard Total Int'l Bond VTABX/BNDX Yield 0.29%

Investing in both Total Bond and Total International Bond provides diversification to thousands of individual bonds. Which is what BNDW does. 14594 bonds total. It’s an ETF of ETFs. Meaning it’s made up of BND and BNDX Another aspect that I like from holding BNDX is that you can use it to rebalance...
by spdoublebass
Fri Sep 13, 2019 11:48 pm
Forum: Personal Investments
Topic: Vanguard Total Int'l Bond VTABX/BNDX Yield 0.29%
Replies: 32
Views: 3606

Re: Vanguard Total Int'l Bond VTABX/BNDX Yield 0.29%

Investing in both Total Bond and Total International Bond provides diversification to thousands of individual bonds. Which is what BNDW does. 14594 bonds total. It’s an ETF of ETFs. Meaning it’s made up of BND and BNDX Another aspect that I like from holding BNDX is that you can use it to rebalance.
by spdoublebass
Sat Sep 07, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri
Replies: 36
Views: 5064

Re: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri

Huge fan of the podcast Mr. Ferri. For me it's the only podcast I can listen to the episodes more than once and still enjoy them. To the other listeners.... When Dr. Bernstein says to go short with bonds, do you think he is talking specifically to people in or approaching retirement? I am 30+ years ...
by spdoublebass
Sun Sep 01, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 290
Views: 19823

Re: First 20% of bonds in long-term Treasuries

Do you mean, say, The Only Guide to a Winning Bond Strategy You'll Ever Need: The Way Smart Money Preserves Wealth Today by Larry Swedroe and Joseph H. Hempden, 2006? Which is on my to-read list, but as yet unread. Since my copy is within hands reach of my computer and is well "dog eared" hear's my...
by spdoublebass
Fri Aug 23, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: We want all-in-one balanced ETFs. Where are they?
Replies: 34
Views: 2573

Re: We want all-in-one balanced ETFs. Where are they?

Texanbybirth wrote:
Thu Aug 22, 2019 12:22 pm
iShares has them. Look up AOA or AOM, for instance.
These are pretty cool. I wish Vanguard would do something like them. The ER is a little more than I'd like to see, but of course not unreasonable. Just still too high to make me switch.
by spdoublebass
Tue Aug 20, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 372
Views: 63537

Re: Bonds - Throw it all on the table!!!

Curious how negative interest rates and an inverted yield curve will impact our bond holdings. Many countries have a negative yield curve (i.e. Germany). How will that impact the Total International Bond Index? Or would tat fund be fine as it is hedged to US? This is why I don't include Total Inter...
by spdoublebass
Sat Aug 17, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: Quick (without looking) what do you think YTD total return of US Bond Index is?
Replies: 46
Views: 4307

Re: Quick (without looking) what do you think YTD total return of US Bond Index is?

I'll Play Along What do think the YTD total return of the US Bond Index fund (VBTLX, FXNAX, AGG, et al.) is? 10% Which has a higher YTD total return: US Bond Index or Total International Stock Index? International Which has a higher YTD total return: US Bond Index or US Small-cap value index? SCV
by spdoublebass
Sat Aug 03, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: REITS no longer cheap
Replies: 63
Views: 9989

Re: REITS no longer cheap

abuss368 wrote:
Sat Aug 03, 2019 9:30 am
Still the way to go over renting.

For you.
What if your Job made you move every other year? or Every year? should you buy a house each year?

Blanket statements get tricky. Everyone needs to read this forum and decide for themselves. There are great threads on the rent vs buy debate.
by spdoublebass
Tue Jul 23, 2019 8:45 am
Forum: Personal Investments
Topic: Max out 1 roth ira or split into 2 equal?
Replies: 15
Views: 939

Re: Max out 1 roth ira or split into 2 equal?

I agree with the above posts to split it. That being said do you both have about the same income? Early on my wife and I saved 20% of everything we made. In the beginning we couldn’t always max out our Roth’s. But I put her money in her Roth and my money in my Roth. I’m glad I did it that way. Havin...
by spdoublebass
Tue Jul 23, 2019 8:28 am
Forum: Personal Investments
Topic: we need much less money to retire
Replies: 50
Views: 7363

Re: we need much less money to retire

3. Our annual expense at 70K is probably inaccurate. It is based on the cost of living where we currently live in the US, minus the mortgage. Problem is, we know we will not retire where we currently live. I have lived in 3 continents and I visit them every year. My spouse and I are pretty sure we ...
by spdoublebass
Sun Jul 21, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2622
Views: 1705941

Re: The Three-Fund Portfolio

Hey all, Forgive my ignorance but please answer the following for me. I'm looking at the price of VTIAX and here is what I see: 12/3/2010 $26.12 6/21/2019 $28.29 When looking at the graphics over the last almost decade, there's a few ups and downs, but it doesn't look like the index has really show...
by spdoublebass
Sat Jul 20, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 189
Views: 20113

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

You can't get 60/40 as an optimum without working very hard at cherry-picking. The pseudo-market portfolio (pseudo-market because stocks and bonds are not traded interchangeably within a frictionless single market), based on relative total cap weight, is about 40/60. Can you clarify what you mean h...
by spdoublebass
Sat Jul 20, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 189
Views: 20113

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

You can't get 60/40 as an optimum without working very hard at cherry-picking. The pseudo-market portfolio (pseudo-market because stocks and bonds are not traded interchangeably within a frictionless single market), based on relative total cap weight, is about 40/60. Can you clarify what you mean h...
by spdoublebass
Sat Jul 20, 2019 4:57 pm
Forum: Investing - Theory, News & General
Topic: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?
Replies: 189
Views: 20113

Re: 60/40 VS 30/70 "Center Of Gravity"@@ Allocation for Retirees ??? Bernstein VS Ferri ?? -- What Would You Do?

. . . . . I would not go above 30 percent stocks in retirement unless I had so much money that I could live off bonds for 10 or 15 years. . . . . . . Okay. . . good points. Given, the Bernstein 60/40 vs Ferri 30/70 approaches. . . . . What would your allocation be when entering retirement if you ha...
by spdoublebass
Fri Jul 19, 2019 12:45 pm
Forum: Personal Investments
Topic: Bond Strategy Input Appreciated
Replies: 16
Views: 1241

Re: Bond Strategy Input Appreciated

What you are doing is along the lines of what Jack Bogle recommended. He believed that the Total Bond Market Index was too heavy with US Government and US Government Agency bonds, these are 70% of the index. He believed that a bond portfolio should contain more corporates. This will boost your yiel...
by spdoublebass
Thu Jul 18, 2019 11:10 pm
Forum: Personal Investments
Topic: Bond Strategy Input Appreciated
Replies: 16
Views: 1241

Re: Bond Strategy Input Appreciated

What you are doing is along the lines of what Jack Bogle recommended. He believed that the Total Bond Market Index was too heavy with US Government and US Government Agency bonds, these are 70% of the index. He believed that a bond portfolio should contain more corporates. This will boost your yiel...
by spdoublebass
Thu Jul 11, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 220
Views: 46295

Re: How Do You Like My New 'Doo

Bond Stylebox 10 41 16 00 24 07 02 00 00 65% Intermediate Term Investment Grade 23% Long Term Investment Grade 10% Short Term Investment Grade 2% Short Term High Yield Junk I’m not trying to clutter up your thread, but I am curious. What bond funds do you hold? I looked through the thread but didn’...
by spdoublebass
Wed Jul 10, 2019 7:21 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 16902

Re: What percentage of total portfolio in REIT's do you have? Why? . . Why not?

I have 5% of my portfolio in REIT's. I mainly wanted it because I rent and do not plan on buying anything in the next 20 years. I also believe they are a separate asset class and function differently. I know 5% is not a huge amount, but I know I can stick with 5%. I also do not tilt SCV, if I did I...
by spdoublebass
Wed Jul 10, 2019 12:07 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 16902

Re: What percentage of total portfolio in REIT's do you have? Why? . . Why not?

I have 5% of my portfolio in REIT's. I mainly wanted it because I rent and do not plan on buying anything in the next 20 years. I also believe they are a separate asset class and function differently. I know 5% is not a huge amount, but I know I can stick with 5%. I also do not tilt SCV, if I did I...
by spdoublebass
Mon Jul 08, 2019 2:41 pm
Forum: Personal Investments
Topic: been a great run for bonds..
Replies: 11
Views: 1921

Re: been a great run for bonds..

Why? Just to lose to inflation?
by spdoublebass
Fri Jul 05, 2019 12:24 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 16902

Re: What percentage of total portfolio in REIT's do you have? Why? . . Why not?

I have 5% of my portfolio in REIT's. I mainly wanted it because I rent and do not plan on buying anything in the next 20 years. I also believe they are a separate asset class and function differently. I know 5% is not a huge amount, but I know I can stick with 5%. I also do not tilt SCV, if I did I ...
by spdoublebass
Sat Jun 29, 2019 2:33 pm
Forum: Investing - Theory, News & General
Topic: Why NO International Bond Index ??
Replies: 37
Views: 4937

Re: Why NO International Bond Index ??

I recently had my yearly talk with a CFP at Vanguard Advisory Services & as they have done multiple times before advised(pushed) the Vanguard Currency hedged International Bonds Fund Index. I do not have any in my Portfolio, as is the collective opinion on our Forum . I do not understand the Intern...
by spdoublebass
Wed May 29, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Delaying social security = harming nest egg?
Replies: 74
Views: 6638

Re: Delaying social security = harming nest egg?

Also, some people like their profession and want to work. I plan on working until I die in some fashion. I would be penalized if I took SS early.
by spdoublebass
Tue May 28, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

Re: One Specific SS Question

Since the husband was born before 1954, when the wife turns 66, she can file and then he can get spousal benefits. Then 2(ish) years later when he turns 70, he can claim his own SS, and she can claim her spousal benefits. In the above example, does it matter that the husband in claiming spousal ben...
by spdoublebass
Tue May 28, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

Re: One Specific SS Question

Thank you everyone for the replies. You have definitely answered my question. As JoeRetire pointed out, I didn't had the age and birthdates correct. My original question was wanted I wanted to know. Now that has led to one more question. Is this also correct? Since the husband was born before 1954, ...
by spdoublebass
Tue May 28, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

Re: One Specific SS Question

I find the wording ambiguous on the Social Security website. For my specific question please assume the following: -Husband PIA $3000, currently age 67, still working. -Wife PIA $1000, currently age 65, not working. -Both are born after Jan 2, 1954 -age 66 is FYA for both. Question: Say the wife fi...
by spdoublebass
Tue May 28, 2019 8:55 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

Re: One Specific SS Question

JoeRetire wrote:
Tue May 28, 2019 6:28 am

If Husband is 67, he was born before 1954.

You are of course correct. I will edit my OP. I was just trying to know they rule for people born after 1954.
by spdoublebass
Tue May 28, 2019 1:36 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

Re: One Specific SS Question

I think you have it right. Mike Piper has a small book or Kindle book which covers the subject since the law changed a couple years ago. You can also search here for Mike Piper or Oblivious Investor for his comments on the subject. Social Security Made Simple: Social Security Retirement Benefits an...
by spdoublebass
Mon May 27, 2019 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1422

One Specific SS Question

I find the wording ambiguous on the Social Security website. For my specific question please assume the following: -Husband PIA $3000ish, currently age 66, still working. Born Oct 1952 -Wife PIA $1000ish, currently age 64, not working. Born Aug 1954 -Both are born after Jan 2, 1954 -age 66 is FYA fo...
by spdoublebass
Mon May 27, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Any benefits to low salary job with high income spouse?
Replies: 32
Views: 7158

Re: Any benefits to low salary job with high income spouse?

She will be building up SS credits on her own work record instead of having all the years be 0 earnings. After 10 years of earning ‘something’, she will be eligible to start collecting on her own record even if you are still working. (When you start collecting, she will start taking half of yours.)...
by spdoublebass
Wed May 22, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Student loans
Replies: 14
Views: 1305

Re: Student loans

If you are going to pay off the loans, the differences between IBR and PAYE are really not that great.

If you are going to be making minimum payments or have a lower paying job for the next 20 years then the differences become something to consider.

Focus on paying it off anyway you can.
by spdoublebass
Tue May 21, 2019 10:54 pm
Forum: Investing - Theory, News & General
Topic: Is the Global Portfolio the Least Risky? Lowest risk adjusted return?
Replies: 22
Views: 1972

Re: Is the Global Portfolio the Least Risky? Lowest risk adjusted return?

Mechanically speaking I get the idea of indexing and market caps. So if one follows the logic further is the global portfolio the lowest risk / reward that you can find? It has to be right? If you figure that's what everyone else owns (to the percentage) and you own the entire thing, how far can th...
by spdoublebass
Fri May 10, 2019 9:51 pm
Forum: Personal Investments
Topic: VG int bonds vs total bond funds
Replies: 1
Views: 369

Re: VG int bonds vs total bond funds

There is now a significant difference between the yield of these two index funds. VTABX has been around since 2014. Since 2014 it has outperformed VBTLX in 5 out of the 6 years. The CAGR since 2014 for both funds is: VBTLX = 2.87% VTABX = 4.30% The yield is what it is, if you look at SEC yield it d...
by spdoublebass
Fri May 10, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: When to file a PFIC?
Replies: 5
Views: 842

Re: When to file a PFIC?

I guess I’m asking how do you know if an ETF is US Domiciled? The most direct way would be to find the ETF's ISIN . If the first two characters of the ISIN are 'US' it is US domiciled and so will not fall foul of the spiteful US PFIC tax rules. If they are anything else , with 'IE' (Ireland) or 'LU...
by spdoublebass
Wed May 08, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: When to file a PFIC?
Replies: 5
Views: 842

Re: When to file a PFIC?

I guess I’m asking how do you know if an ETF is US Domiciled?
by spdoublebass
Wed May 08, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: When to file a PFIC?
Replies: 5
Views: 842

When to file a PFIC?

I was just reading about PFIC's. https://www.bogleheads.org/wiki/Passive_foreign_investment_company I also remember this thread: https://www.bogleheads.org/forum/viewtopic.php?t=225320 The last thread referenced the etf EIS (Israel Market Cap MSCI). What I didn't understand is why people were concer...
by spdoublebass
Sun May 05, 2019 12:47 am
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 4733

Re: Share Buybacks — Savior of the U.S. Equity Market?

Does this concern dividend investors at all? I’m curious as well. Do buybacks count as dividends for fund like high dividend yield and dividend growth? Just curious as I don’t own these funds. No. 'Dividend' funds focus exclusively on dividends. The mandatory distributions are a feature, not a bug,...
by spdoublebass
Sat May 04, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 4733

Re: Share Buybacks — Savior of the U.S. Equity Market?

lostdog wrote:
Sat May 04, 2019 10:11 am
Does this concern dividend investors at all?
I’m curious as well.

Do buybacks count as dividends for fund like high dividend yield and dividend growth?

Just curious as I don’t own these funds.
by spdoublebass
Wed May 01, 2019 11:17 pm
Forum: Investing - Theory, News & General
Topic: Is factor-based small-value/Fama-French tilting worth it?
Replies: 101
Views: 7261

Re: Is factor-based small-value/Fama-French tilting worth it?

My conclusion - I have absolutely no idea what will outperform the market and neither does anyone else over my time horizon. Something absolutely will - maybe even my old portfolio - but its extremely difficult to predict and chasing can be a dangerous and stressful game. If you want to tilt, you m...
by spdoublebass
Sat Apr 27, 2019 4:06 pm
Forum: Personal Investments
Topic: Investing in a Broadway show production
Replies: 38
Views: 3804

Re: Investing in a Broadway show production

just heard an interview with Bill Bernstein on Barry Ritholtz's Masters of Business podcast. He mentioned William Baumol and some of his findings. Baumol shows that, contrary to what most of us believe, art investment does not do better than financial investment: its real rate of return is, on aver...
by spdoublebass
Fri Apr 26, 2019 11:32 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 307
Views: 43416

Re: I’m still not a fan of international bond funds

Maybe I'm just really missing something, but what is so bad with International bonds? Sometimes I think it's obly because the sec yield percentage on the websites is so low. When I go to PV and compare BND to BNDX I don't see the issue. Yes, I know BNDX has only been around since 2014, but still. Si...
by spdoublebass
Fri Apr 26, 2019 3:36 pm
Forum: Personal Investments
Topic: REET vs FREL for 10% asset allocation?
Replies: 20
Views: 1911

Re: REET vs FREL for 10% asset allocation?

From what I’ve read, REET holds pure REITs compared to the international REITs in VNQI. Hi spdoublebass - I believe this was correct previously but may have changed. Historically the Vanguard US REIT Index fund included only equity REITs and no Mortgage or Hybrid REITs. Thus a pure play on real est...
by spdoublebass
Fri Apr 26, 2019 1:59 pm
Forum: Personal Investments
Topic: REET vs FREL for 10% asset allocation?
Replies: 20
Views: 1911

Re: REET vs FREL for 10% asset allocation?

From what I’ve read, REET holds pure REITs compared to the international REITs in VNQI. Hi spdoublebass - I believe this was correct previously but may have changed. Historically the Vanguard US REIT Index fund included only equity REITs and no Mortgage or Hybrid REITs. Thus a pure play on real est...
by spdoublebass
Fri Apr 26, 2019 11:49 am
Forum: Personal Investments
Topic: REET vs FREL for 10% asset allocation?
Replies: 20
Views: 1911

Re: REET vs FREL for 10% asset allocation?

I currently own a rental property which I expect to sell within the next year and it represents 15% of my networth. I am looking to have a 10% asset allocation in real estate going forward, but in the form of mutual funds/ETFs rather than being a landlord. My current AA in my taxable Fidelity accou...
by spdoublebass
Sat Apr 20, 2019 11:47 pm
Forum: Investing - Theory, News & General
Topic: Why don't dividends affect the cost basis?
Replies: 14
Views: 1958

Re: Why don't dividends effect the cost basis?

The dividend does not affect cost basis of the shares held prior to the dividend. Shares purchased with the dividend have their own cost basis , just like any share purchase. A proper return calculation, which I assume PV does, takes into account that these two costs bases are different, unless the...
by spdoublebass
Sat Apr 20, 2019 11:44 pm
Forum: Investing - Theory, News & General
Topic: Why don't dividends affect the cost basis?
Replies: 14
Views: 1958

Re: Why don't dividends effect the cost basis?

The dividend affects the cost basis of your holding if you reinvest the dividend. Note your holding is now more than the original share. The cost basis of that one share is not changed. If you did reinvest the cost basis of the holding would be $9.88. At the same time your holding would also be mor...