Search found 537 matches

by Beehave
Wed Sep 11, 2019 8:49 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9031

Re: Too Late To Get Back Into Stocks?

OP has sold stocks which then went up about 3.5%, thereby missing out on about $27,000 of gains (my numbers may be off a bit). This is not a "loss" of money. If OP buys back in now, it's true OP will have about 1/27th fewer shares, but the value of the shares OP will have will be equal to what OP ha...
by Beehave
Thu Sep 05, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in 3 years, no pension, AA and other questions
Replies: 10
Views: 1419

Re: Retiring in 3 years, no pension, AA and other questions

My condolences for your loss. Please make sure you take full advantage of any rights to collect on your husband's Social Security while yours matures. I see nothing wrong with a 50-50 allocation. I mentioned Social Security above because it provides some inflation protection, and along those lines I...
by Beehave
Wed Sep 04, 2019 2:13 pm
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2350

Re: Self insured Long Term Care Fund

Insurance is a contract, so the idea of "self-insurance" implies at least a very strong personal commitment, which to me is better represented by a bucket than by co-mingled funds. However, just like the "contact" one makes with oneself is a virtual contract, so too the bucket one creates to suppor...
by Beehave
Wed Sep 04, 2019 8:53 am
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2350

Re: Self insured Long Term Care Fund

Insurance is a contract, so the idea of "self-insurance" implies at least a very strong personal commitment, which to me is better represented by a bucket than by co-mingled funds. However, just like the "contact" one makes with oneself is a virtual contract, so too the bucket one creates to support...
by Beehave
Tue Sep 03, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Some Computer Science Career Advise?
Replies: 56
Views: 4601

Re: Some Computer Science Career Advise?

I'm a bit disturbed by the number of people willing to provide such cock-sure recommendations that the OP should definitely leave. Just because some people leave and never regret it, it's not a reason that the OP should leave, because the opposite happens too. What is clear from the OP's post is tha...
by Beehave
Tue Sep 03, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Some Computer Science Career Advise?
Replies: 56
Views: 4601

Re: Some Computer Science Career Advise?

Obviously there are huge portions of the situation I do not understand. But here's my take, and it is largely based on this snippet of your post: "At this point, I don't know what to do. I love working at my megacorp, but it's a little stale at times." You are working in a place where you have a deg...
by Beehave
Fri Aug 30, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security age 70 or bust?
Replies: 81
Views: 4524

Re: Social Security age 70 or bust?

It used to be that it went up by one amount each month from age 62 to 66 and then a larger (but also fixed amount) from 66 to 70. Now there are 2 changes, not one, and I have forgotten where they are. It goes up by one amount until your FRA, and a different amount from your FRA until 70. SO... for ...
by Beehave
Thu Aug 29, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security age 70 or bust?
Replies: 81
Views: 4524

Re: Social Security age 70 or bust?

It's slightly more complex than it used to be, but the benefit between 69 and 70 still goes up a fixed amount every month, while the "cost" ofdelay goes up every month by that fixed amount. Putting it simply, the cost of the increase goes up every month. ...only leaving the costliest portion of the...
by Beehave
Thu Aug 29, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security age 70 or bust?
Replies: 81
Views: 4524

Re: Social Security age 70 or bust?

It's slightly more complex than it used to be, but the benefit between 69 and 70 still goes up a fixed amount every month, while the "cost" ofdelay goes up every month by that fixed amount. Putting it simply, the cost of the increase goes up every month. I do not know if the numbers you've crunched ...
by Beehave
Wed Aug 28, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Mother's Pension Plan is Being Terminated - Help with Options Needed
Replies: 33
Views: 3365

Re: Mother's Pension Plan is Being Terminated - Help with Options Needed

As I understand it there are strict requirements that "secure" pensions that are transferred by companies over to insurance companies. So I'd think the annuity payments from the insurance company will be secure. If this were my mom I would keep the annuity whether she had other funds or not. She doe...
by Beehave
Sun Aug 25, 2019 7:11 pm
Forum: Personal Investments
Topic: Close Vanguard and go all in with Fidelity?
Replies: 107
Views: 11689

Re: Close Vanguard and go all in with Fidelity?

I say you should keep your money with Vanguard. 1 Fidelity has a stronger incentive to get you into buying high cost funds, it's not known for being low cost (has been criticizing Vanguard for coming up with low cost index funds in the 80s) 2 Vanguard funds are quite decently managed, Fidelity's fu...
by Beehave
Thu Aug 22, 2019 4:12 pm
Forum: Personal Investments
Topic: Moving 401k balance into stable-value fund in preparation for rollover
Replies: 9
Views: 341

Re: Moving 401k balance into stable-value fund in preparation for rollover

The world IS unusual today. Trade wars and zero or below interest rates, among other things, are not normal. So I personally understand your concerns. Let me see if I can restate the concern in a way that does not look like you are seeking permission for the market timing you are being advised again...
by Beehave
Sun Aug 18, 2019 7:00 pm
Forum: Personal Investments
Topic: Invest or pay off student loans?
Replies: 41
Views: 1701

Re: Invest or pay off student loans?

Last I ever looked, student loans were not dischargeable in bankruptcy. My advice is to pay them off and be rid of them. You are young. Get debt free and focus on your career. Stay current or ahead of the technology curve and seek increasing your responsibility. Let your intellectual capital be the ...
by Beehave
Sat Aug 17, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a break in your 50s: Is it the kiss of death?
Replies: 86
Views: 8345

Re: Taking a break in your 50s: Is it the kiss of death?

(1) The 35 years of expenses saved should grow and hopefully cover 35-plus years of retirement. But a bad sequence-of-returns (for example, a market crash followed by a period of inflation or stagflation) could leave you in not such good shape. 35x has never failed in the US. Can it happen? Well an...
by Beehave
Sat Aug 17, 2019 10:51 am
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 31
Views: 2347

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

Just to be clear: - The interest rate on the EE bond is fixed and remains constant for the 1st 20 years you hold it. - At 20 years time the bond is guaranteed to double in value. Also, I believe that the gov't can also change the interest rate at that time. - You can cash in the bond after 1 year bu...
by Beehave
Fri Aug 16, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a break in your 50s: Is it the kiss of death?
Replies: 86
Views: 8345

Re: Taking a break in your 50s: Is it the kiss of death?

Regarding taking a leave (or quitting) and coming back to the workforce in your 50s: If the economy is strong it may not be the kiss of death (but it's probably akin to a 1st date with the Grim Reaper of Employment). If the economy gets bad, then it's probably curtains (and may be even if you don't ...
by Beehave
Wed Aug 14, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 10502

Re: Confused, bummed, and concerned

Your investments two years into your career are relatively small. Down markets while you are employed are your friend. You are on a website here where much of the discussion involves retirees (myself included) who are employed part-time or not at all and are in the exact opposite situation relative ...
by Beehave
Mon Aug 12, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 73
Views: 6677

Re: Recommendations for home paper shredder

Get a Fellowes shredder. Works like a charm. I had one problem in the eight years I've had it. I called their 800 number and they told me how to fix with ease. That was a couple of years ago, well out of warranty, and they provided immediate, bullseye-accurate help. The $50-70 copiers that preceded ...
by Beehave
Thu Aug 01, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 329
Views: 26395

Re: Social Security -- Take it at 62, 67 or 70

When to take Social Security? Trite but true - - each person's case is different. There are many, highly significant unknowns upon which the decision depends. Each unknown has different significance for each individual based upon their financial condition, responsibilities, desires, beliefs, and emo...
by Beehave
Thu Aug 01, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 15016

Re: Why won’t anyone hire me?

In addition to suggestions above - - - Take a look at your local community college's certificate programs and see if any of them (1) look enjoyable and doable and (2) show promise of leading to actual local employment for you. You should be able to do a quick preliminary search online at the CC's we...
by Beehave
Wed Jul 31, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Buying a House - Can I ask for a credit rather than warranty from the seller?
Replies: 13
Views: 605

Re: Buying a House - Can I ask for a credit rather than warranty from the seller?

If the house has been on the market spring and part of the summer with a deficient ac unit my best guess would be that the temp repair was already done in the early summer or before by the owners when they started showing the house and that the repair has failed or is actually still deteriorating. I...
by Beehave
Wed Jul 31, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6221

Re: Renter Forever?

I have to landscape the manor of course but that's what Lords do. Good point. If you are going to buy a home, make sure you landscape the yard in such a manner that maintenance is low cost wrt to time and money. I'm 72 and I've been in this house for 35+ years. I'm down from 20 to 5 gum ball trees ...
by Beehave
Sun Jul 28, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: How to prepare for RMDs in excess of what’s needed?
Replies: 48
Views: 3476

Re: How to prepare for RMDs in excess of what’s needed?

Regarding RMDs, there is a "still working" exception for the 401k plan at the enterprise where you are employed. In general, you can delay RMDs until such time as you end your employment at that enterprise. Here's one article regarding that strategy - - note that there are complexities, so be carefu...
by Beehave
Wed Jul 24, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: QE and Don't Fight the Fed
Replies: 11
Views: 1461

Re: QE and Don't Fight the Fed

Some quick responses to some of the posts above: 1. Regarding whether QE is being resumed, I based my statement on a news item from Bloomberg which says QT is over and the Fed (along with other key central banks) is buying bonds again. https://finance.yahoo.com/news/quantitative-tightening-end-centr...
by Beehave
Tue Jul 23, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: QE and Don't Fight the Fed
Replies: 11
Views: 1461

QE and Don't Fight the Fed

The old saw, "don't fight the Fed" seems to make good sense. If the central banks in Europe, Japan, and the US are all now returning to QE policy (buying bonds), would that mean that an individual, who is infinitely weak in comparison to a central bank, should avoid purchasing bonds in competition w...
by Beehave
Sun Jul 21, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Withdrawal Method
Replies: 27
Views: 1906

Re: RMD Withdrawl Method

Edited to remove duplicate copy.

An example of aging in action right here and now.
by Beehave
Sun Jul 21, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Withdrawal Method
Replies: 27
Views: 1906

Re: RMD Withdrawl Method

Another consideration for the timing of your RMD withdrawal. Example: You have a $100K IRA balance December 2019, all in a total stock fund. Suppose your RMD requirement is 5%. That means some time in 2020 you must withdraw $5k. Suppose you do it early in January, 2020 when the value of your fund is...
by Beehave
Sun Jul 21, 2019 12:19 pm
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 81
Views: 5468

Re: Thoughts on 33% Large 33% Mid and 33% small?

What do I think of an all-US stock asset allocation comprised of 1/3 each large, mid and small? I think if you are young and have steady income and will be dollar cost averaging in over a long period that this is okay. A decade or maybe even two from now you should strongly consider diversifying If ...
by Beehave
Fri Jul 19, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3240

Re: Vanguard says VTI is more tax-efficient than VTSAX

When the ETFs first came out I had a discussion first with a Vanguard level-1 phone rep and then was transferred to a specialist precisely on this question. My recollection is that she told me that the mutual fund would be further sheltered from capital gains distributions by the creation of the ETF...
by Beehave
Fri Jul 19, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: Should my retirement portfolio be considered separate from my taxable funds?
Replies: 35
Views: 3562

Re: Should my retirement portfolio be considered separate from my taxable funds?

I'd suggest considering these funds as separate. They are intended for different purposes and they can't readily be used to rebalance each other. Moreover, you cannot readily withdraw funds from your 401k/IRA funds, and it is highly preferable not to withdraw from the Roth IRAs and just let them com...
by Beehave
Tue Jul 16, 2019 9:44 pm
Forum: Personal Investments
Topic: retirement portfolio income
Replies: 10
Views: 1774

Re: retirement portfolio income

Here's a suggestion from Vanguard - - I'd imagine Fidelity and others would suggest something similar: https://investor.vanguard.com/retirement/income/how-to-set-up-withdrawals The basic suggestion is to set up a money market fund and fill it 12 months in advance with your required amounts from your...
by Beehave
Mon Jul 15, 2019 8:29 pm
Forum: Personal Investments
Topic: Old pension plan- take the lump sum or wait for the monthly payout?
Replies: 23
Views: 2019

Re: Old pension plan- take the lump sum or wait for the monthly payout?

An aspect of the pension to consider is that OP already has 401k/IRA funds. A monthly pension is a diversifier for his holdings. If his spouse is insuring his survivor benefit in her larger pension it probably costs about 300 bucks a month - - so this can make that up that expense - - and if the OP'...
by Beehave
Sat Jul 13, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: Who should fund a Roth after age 71?
Replies: 13
Views: 1507

Re: Who should fund a Roth after age 71?

I work part-time and contribute to a Roth. I hope never to withdraw anything from it. The Roth IRA is an unprecedented way that an average person can hope to try to start building a layer of security for generations. My work also entails mandatory contrubutions to a 403b. I do not have to take RMDs ...
by Beehave
Wed Jul 10, 2019 8:17 pm
Forum: Personal Investments
Topic: Assisted Living Money Decision
Replies: 21
Views: 1847

Re: Assisted Living Money Decision

Properly documented, I'd think that the assisted living costs in whole or very large part would be tax deductible as medical expenses. Only the amount of rent that is considered for personal care is tax deductible (which in my sister’s case wasn’t very much). I have POA for my older widowed sister....
by Beehave
Wed Jul 10, 2019 9:59 am
Forum: Personal Investments
Topic: Assisted Living Money Decision
Replies: 21
Views: 1847

Re: Assisted Living Money Decision

Properly documented, I'd think that the assisted living costs in whole or very large part would be tax deductible as medical expenses. Because of this I'd think that tapping the IRA rather than savings would be the better choice because the savings have already been taxed but the IRA has not, and un...
by Beehave
Tue Jul 09, 2019 10:02 pm
Forum: Personal Investments
Topic: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?
Replies: 33
Views: 3625

Re: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?

Maybe 1/2 to fund an annuity (possibly with inflation protection) and 1/2 into the Vanguard Managed Payout fund? As suggested above, these may not be ideal but at least they might preserve the wealth. Is the impairing condition being cared for and documented? At a minimum, if for any reason the fund...
by Beehave
Tue Jul 09, 2019 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: In-Laws are estate/Medicaid planning - need help
Replies: 24
Views: 2309

Re: In Laws are estate/Medicaid planning - need help

I agree with the OP that the asset should be used to fund the future needs of the in-laws. Your assets should be used to improve your well-being and should not become ends-in-themselves. Perhaps the husband of the OP should say to his parents that if he has control of the assets he will use the asse...
by Beehave
Sun Jul 07, 2019 8:31 pm
Forum: Personal Investments
Topic: First post: Is this a reasonable allocation?
Replies: 7
Views: 918

Re: First post: Is this a reasonable allocation?

Pension + Social Security is a wonderful combination. It sounds like you've planned things out and worked intelligently to get to where you are positioned today. I'm not necessarily suggesting Fidelity, but given your desired 85/15 ratio, you might be interested in FFNOX which is the Fidelity Four i...
by Beehave
Sun Jul 07, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: Outsider perspective needed: Trade 2nd vehicle or not?
Replies: 2
Views: 219

Re: Outsider perspective needed: Trade 2nd vehicle or not?

Very difficult to give specific recommendation without lots more detail about uses and needs. However, as a general piece of advice, I'd suggest that with your vehicles in good working order, and with technology (such as electric vehicle and super cruise control) advancing so rapidly, it would seem ...
by Beehave
Sat Jul 06, 2019 9:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 19413

Re: Larry Swedroe: The Historical Imperative For International Diversification

https://www.advisorperspectives.com/articles/2019/07/05/the-historical-imperative-for-international-diversification If your equities do not have significant international diversification, you might be affected by home country bias or recency bias. In a separate article I posted a day or two ago, La...
by Beehave
Sat Jul 06, 2019 3:20 pm
Forum: Personal Investments
Topic: If I want to time the market
Replies: 59
Views: 2873

Re: If I want to time the market

The general recommendation here would be to set up an asset allocation with rebalancing bounds as opposed to market timing based on hunches and emotion. That said, if I were doing that kind of timing I would use a money market. I'd also be mindful of frequent trading limitson mutual fund holdings (s...
by Beehave
Sat Jul 06, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Buy a refrigerator at Sears?
Replies: 37
Views: 2721

Re: Buy a refrigerator at Sears?

My daughter has a Kenmore refrigerator that is a few years old. The compressor ceased working while I was visiting a month ago. We assumed the warranty was expired, and she had not purchased an extended warranty. We got out the booklet to see what diagnostics we could perform and saw there was a rem...
by Beehave
Fri Jul 05, 2019 9:50 pm
Forum: Personal Investments
Topic: First post: Is this a reasonable allocation?
Replies: 7
Views: 918

Re: First post: Is this a reasonable allocation?

Here are the salient facts I think I gleaned from your question: age about 50, leaving Federal employment for self-employment, 85-15 stock-to-bond ratio, with tilt towards small and midcap. To me, this combination says "too much risk all at once." It looks analogous to a batter swinging only for the...
by Beehave
Thu Jul 04, 2019 9:35 pm
Forum: Personal Investments
Topic: Teacher Looking To Stop 403b Contributions
Replies: 46
Views: 2979

Re: Teacher Looking To Stop 403b Contributions

There's big value in having accounts with diversified taxation characteristics. Example: Far in the future one of you has very high medical or long-term care needs. You pay out of the 403b and the funds withdrawn are tax-deductible. We have no idea what future tax laws will be. So possibly this exam...
by Beehave
Thu Jul 04, 2019 6:57 pm
Forum: Personal Investments
Topic: Question about modeling a pension and annuity options
Replies: 6
Views: 506

Re: Question about modeling a pension and annuity options

No problem with confusion and also welcome to the board. Others will definitely disagree, but I'd recommend taking the max on annuities. I cannot stress enough how nice monthly income is when retired. Also, life expectancies are rising. Since you already have a nice nest egg, my recommendation would...
by Beehave
Thu Jul 04, 2019 6:12 pm
Forum: Personal Investments
Topic: Question about modeling a pension and annuity options
Replies: 6
Views: 506

Re: Question about modeling a pension and annuity options

The details of the annuity parts are not clear to me - - I'm not sure what inflation protection is automatic and what protection is optional and at what cost. Nevertheless - - my general advice is that diversity of assets is a big plus and inflation protection is a big plus. You have $1M saved. That...
by Beehave
Thu Jul 04, 2019 3:28 pm
Forum: Investing - Theory, News & General
Topic: How do you brace for impact?
Replies: 65
Views: 6086

Re: How do you brace for impact?

There's more than one kind of impact to brace for. At a minimum, I want to be prepared for inflation as well as deflation. These are questions of diversified asset allocation, diversified sources of income, assets diversified across tax categories, and keeping yourself in health and frame of mind to...
by Beehave
Thu Jul 04, 2019 10:44 am
Forum: Personal Investments
Topic: Vanguard Wellsley
Replies: 23
Views: 3636

Re: Vanguard Wellsley

Wellesley is about 40% stock / 60% bond. The stock holdings look conservative and solid to me - - if I were avoiding indexing and picking stable solid companies I'd pretty much go with the stocks that the Wellesley Fund holds. That said, I've looked fairly recently at the Wellesley prospectus and my...
by Beehave
Thu Jul 04, 2019 10:08 am
Forum: Personal Investments
Topic: understanding pension - advice
Replies: 7
Views: 659

Re: understanding pension - advice

You don't want to wait until age 65 to have money to enjoy life??? Yes, saving $100k a year i can see your worries there.... Sounds like the pensions will be a small piece of the puzzle in the end for you guys. Your other savings and investments, and home equity will dwarf the pensions. Do whatever...
by Beehave
Tue Jul 02, 2019 11:17 pm
Forum: Personal Investments
Topic: Question for the 5%...Anyone buying any individual stocks?
Replies: 51
Views: 4569

Re: Question for the 5%...Anyone buying any individual stocks?

Regarding individual stocks: just buying some DRIPs from my prior pre-index oriented life, and not much of them. Regarding future trends and guessing what will be booming: - government printing presses will be churning away (printing money) - infrastructure spending - virtual reality - temperature c...