Search found 782 matches

by Beehave
Tue Sep 29, 2020 9:55 am
Forum: Personal Investments
Topic: Please comment on my allocation
Replies: 3
Views: 203

Re: Please comment on my allocation

I think your allocation and plan are fine. One half of your $40K per year need is covered by Social Security. You have approx. $900K in bonds/cash and $600K in stocks. You are planning for a life expectancy from now of 20 years and easily cover your needs with a 2% withdrawal rate (I'm assuming that...
by Beehave
Sat Sep 26, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 78
Views: 6589

Re: Were you nervous when you retired?

What tells me you should retire are these factors in your post: 1. Alarm clock upsets you. 2. Work interferes with exercise and nutrition. 3. Resentment of working hard when others are sitting around. My suggestion, especially since the income is not an issue - - retire and if you miss working, then...
by Beehave
Tue Sep 22, 2020 10:36 am
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 532
Views: 72810

Re: Your USER NAME...what does it mean?

Bee represents the letter "B" in honor of Mr. Bogle.

"Beehave" is intended to convey the intention behaving financially in a responsible Boglehead manner both for myself and for any suggestions I make for others here.

Best wishes to all.
by Beehave
Tue Sep 22, 2020 10:05 am
Forum: Personal Investments
Topic: Why is this portfolio wrong?
Replies: 55
Views: 3657

Re: Why is this portfolio wrong?

My answer is it depends on overall assets. To the degree that there's an emergency fund (cash) and expected pension/annuity/Soc'l Security that cover expected monthly expenses, or to the degree that the stock holdings are very great in value so that a somewhat prolonged bear market early in retireme...
by Beehave
Tue Sep 22, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How to cash an estate check when there is no estate?
Replies: 18
Views: 1513

Re: How to cash an estate check when there is no estate?

I went through something akin to this three decades ago. I do not remember details - but I do remember that in general "letters of administration" indicating you are the executor or administarator of the estate were the key to most issues of this sort. I do not remember if I needed an attorney's ass...
by Beehave
Fri Sep 18, 2020 7:33 pm
Forum: Personal Investments
Topic: Decision time...to lump sum or not to lump sum
Replies: 24
Views: 2195

Re: Decision time...to lump sum or not to lump sum

In similar (very similar!) circumstances I took the pension with 100% spousal coverage. No one can know what the right choice is and there are many reasonable suggestions in posts above both as to why to take the lump sum and how to optimize that choice and why to take the pension. This is a fundame...
by Beehave
Wed Sep 16, 2020 11:19 am
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13744

Re: Is this guy trying to scam me on a car I'm selling?

Meet outside a police station. He gives you 13k in cash. He gets signed title and keys to the car. You both part ways. Bet he will have an excuse why that won't work for him. Unless hes got a decent source for fake $100 bills. When OP goes back to the police station they probably wont even look at ...
by Beehave
Mon Sep 14, 2020 10:11 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16086

Re: Coping with Megacorp rat race

If dealing with the internal politics and restrictions of MEGACORP have got you down, consider trying to land a customer-facing position within your coroporation. Of course, sales can be a pressure cooker, but if you can do consulting, customer support, or other technical work, then that might be mo...
by Beehave
Sat Sep 12, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Near number but not at retirement age
Replies: 36
Views: 3037

Re: Near number but not at retirement age

Are you in the medicine field with an MD, DO, or other advanced degree? Have you considered teaching? As someone mentioned above, retiring from stress to college-level teaching can keep you feeling productive in a lower-stress environment. There are large numbers of college students seeking to enter...
by Beehave
Sat Sep 12, 2020 12:36 pm
Forum: Personal Investments
Topic: Vanguard balanced funds
Replies: 26
Views: 2874

Re: Vanguard balanced funds

The Vanguard Balanced Index fund is 60/40 US total stock market index and 40% US bond index. The Vanguard Total World Index is 60% US total stock index and 40% total international stock index. A 50-50 investment in the 2 funds yields a very low fee 60% US stock index, 20% US bond index, 20% total in...
by Beehave
Sat Sep 12, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 3950

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

I recall when I was about your age and the Dow Jones passed 10,000 for the first time. The exuberant speculation was that10,000 "might be the new floor." I have no recollection at all as to how much I purchased every paycheck back then when the market fluctuated, say, between 8,000 and 12,000 or wha...
by Beehave
Thu Sep 10, 2020 5:02 pm
Forum: Investing - Theory, News & General
Topic: How to invest in commodity as a buy&hold investor?
Replies: 15
Views: 1063

Re: How to invest in commodity as a buy&hold investor?

Probably not what OP had in mind and certain to draw howls of derision and indignation, but here's a suggestion to think about. The Vanguard Global Capital Cycles fund was formerly their precious metals and mining fund. It's management is now by Wellington, and it has 25% in mining companies (precio...
by Beehave
Thu Sep 10, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone think the market is over-inflated?
Replies: 112
Views: 8264

Re: Why does everyone think the market is over-inflated?

Many of those who believe the market is unrealistically inflated think this because they believe that stock prices have been going up not based on increases in productivity but on a combination of increasing money-supply and low interest rates which steers money into the market. They believe that th...
by Beehave
Fri Sep 04, 2020 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do family loan?
Replies: 38
Views: 2860

Re: Should I do family loan?

Thanks everyone for the insightful comments. Will probably do the down payment and not worry about other family dynamics including divorce implications . Life is way too short to worry about things I can’t control. I agree with this path. If they plan to have children give them some help in analyzi...
by Beehave
Fri Sep 04, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter almost ready to launch into professional life
Replies: 45
Views: 4206

Re: Daughter almost ready to launch into professional life

Understand that the two things most likely to improve or wreck a manager's career are changes and problems. If changes are fouled or problems linger, that's a problem, and if they are successful it's a path to bonus and promotion. Managers develop a coterie of their most trusted workers to plan and ...
by Beehave
Thu Sep 03, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
Replies: 70
Views: 4261

Re: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?

I'dadvise starting this way: Get comfortable shoes and find a nice place to walk. Build up to a number of times a week and a number of minutes per walk that make you feel (really) good. Get a yoga mat. Look up physical therapy exercises for the back and core on the internet and/or talk to friends wh...
by Beehave
Wed Sep 02, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: About to lose my job - How do I prepare
Replies: 18
Views: 5085

Re: About to lose my job - How do I prepare

If you have a pension coming, print out any estimates yu can and make sure you understand the options and contacts. I believe you should be eligible for unemployment and It sounds as if you'd consider continuing to work if you could. So apply for unemployment and take unemployment as your new job in...
by Beehave
Wed Sep 02, 2020 5:52 pm
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4663

Re: Should I take short term gains and face the taxes?

Thanks for all the inputs. I have lived through 3 major financial events so far in my adult life so I believe timing should be a part of your investment. To what degree you time it is the factor. I am not a day trader so I don't time the market based on the daily/monthly/yearly normal fluctuation. ...
by Beehave
Tue Sep 01, 2020 5:16 pm
Forum: Personal Consumer Issues
Topic: Cardio alternatives to treadmills?
Replies: 107
Views: 7210

Re: Cardio alternatives to treadmills?

I've suffered from back issues on and off through the years and my PT blames my usage of treadmills as a root cause, and strongly recommends that I power walk outside instead - but we did not discuss any alternative for the winter months. I know some fitness trainers who never use treadmills either...
by Beehave
Tue Sep 01, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do dual income households need life insurance?
Replies: 40
Views: 3252

Re: Do dual income households need life insurance?

Yes, both of you still need insurance. Term insurance is so cheap, there is no reason both of you shouldn’t have at least 10x your income. Exactly. Get term insurance. You never know. Better to have funds to maximize helpful options just in case. And regarding wealthy siblings willing to adopt -- e...
by Beehave
Mon Aug 31, 2020 12:47 pm
Forum: Personal Investments
Topic: 0% student loan interest rate and suspension of payments on federal student loans
Replies: 32
Views: 2424

Re: 0% student loan interest rate and suspension of payments on federal student loans

I'd suggest paying off the student loans. Student loans are a special breed - they are not easily discharged in bankruptcy. Personally, I do not like debts if I can be free of them, but if I were going to play around or take risks on loans I could readily be paying down, student loans would probably...
by Beehave
Sun Aug 30, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: What are the drawbacks to an Immediate Annuity (SPIA)?
Replies: 47
Views: 2983

Re: What are the drawbacks to an Immediate Annuity (SPIA)?

Thank you for the recommendation, Investing Made Simple, gr7070. I will check it out. As I said, I am making notes to share along the way and leave with my boys for reference. They are edited as time passes and I learn more, and they know Bogleheads is my favorite resource. That's why I posted this...
by Beehave
Sun Aug 30, 2020 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: What are the drawbacks to an Immediate Annuity (SPIA)?
Replies: 47
Views: 2983

Re: What are the drawbacks to an Immediate Annuity (SPIA)?

There are different types of annuities. Some (called "variable annuities") are complex contracts whose performance depends on the performance of the stock market. People posting on the Boglehead site generally recommend against variable annuities because of the fees and the complexity of the terms. ...
by Beehave
Fri Aug 28, 2020 7:13 pm
Forum: Personal Investments
Topic: Need help deciding whether to pay off mortgage
Replies: 23
Views: 2569

Re: Need help deciding whether to pay off mortgage

I agree with Jerry and Felix. If you’ve won the game. (1) Get out of debt. (2) Build an asset allocation that provides a generous income floor. (3) You can play a little beyond that. A wise man said something about the foolishness of risking what you have and need for something you don’t need. Once...
by Beehave
Thu Aug 27, 2020 5:04 pm
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 91
Views: 9366

Re: Swimming, do you? Advice sought.

I swam in HS and have done triathlons. The only thing I would add is don't worry about counting laps to get to your mile or whatever distance. Swim for a time period - 30 minutes or whatever. If you want every couple of weeks see what your distance is over the time period. +1 In general, for walkin...
by Beehave
Wed Aug 26, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Foreign rental car company harassing me for supposed damage - what to expect?
Replies: 18
Views: 1416

Re: Foreign rental car company harassing me for supposed damage - what to expect?

Just in case you had not thought of it - - if you paid with credit card, some credit card companies provide insurance up to your own policy's deductible. I understand that you do not want the rental company to be rewarded for their shoddy service and apparent money grab, but handing the situation ov...
by Beehave
Tue Aug 25, 2020 5:22 pm
Forum: Investing - Theory, News & General
Topic: EE bonds to mitigate college wealth tax?
Replies: 38
Views: 2074

Re: EE bonds to mitigate college wealth tax?

FAFSA is for determining if you can get student aid for college. Helping to pay for education is nota Tax. How much you get is based on income and assets, the latter of which I'm focused on, so it effectively is a tax. It's the same reasoning SCOTUS used to uphold Obamacare penalties for lack of co...
by Beehave
Tue Aug 25, 2020 4:02 pm
Forum: Investing - Theory, News & General
Topic: EE bonds to mitigate college wealth tax?
Replies: 38
Views: 2074

Re: EE bonds to mitigate college wealth tax?

FAFSA is for determining if you can get student aid for college. Helping to pay for education is nota Tax. How much you get is based on income and assets, the latter of which I'm focused on, so it effectively is a tax. It's the same reasoning SCOTUS used to uphold Obamacare penalties for lack of co...
by Beehave
Tue Aug 25, 2020 9:13 am
Forum: Personal Investments
Topic: Two funds for life
Replies: 6
Views: 664

Re: Two funds for life

If you like the self-balancing-across-diverse-holdings aspect of your 2045 fund, but not the percentage of foreign stocks (too high for you), you could consider proportioning between the Vanguard Balanced Index fund ("VBI") and the Vanguard Total World Index fund ("TWI"). VBI is 60-40 total US index...
by Beehave
Thu Aug 20, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: Approach to "News" Consumption
Replies: 82
Views: 4418

Re: Approach to "News" Consumption

The posts above in this thread indicating that avoiding the news yields happiness seem to me to be taking a position that abdicates our mutual responsibilies as citizens to be informed and help shape a good and just society. If your largest involvement in the political process consists of casting a...
by Beehave
Thu Aug 20, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Approach to "News" Consumption
Replies: 82
Views: 4418

Re: Approach to "News" Consumption

When the Soviet Union started allowing people to emigrate to the West, there was a spate of Soviet-era wit unleashed. One emigre said, "when Pravda reports a storm in the Urals, it means there was a plane crash." If you understand the biases, you can often dig out the facts. The posts above in this ...
by Beehave
Mon Aug 17, 2020 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: College costs for 4 kids -- is my plan unrealistic?
Replies: 31
Views: 2813

Re: College costs for 4 kids -- is my plan unrealistic?

Things to consider: Co-ops. Many schools have them and they aren't a Northeastern, who is the best known for them. I utilized my college's little known co-op when I ran out of money. If the high school or a club has rowing (crew), that's one of the easiest and most lucrative scholarships to achieve...
by Beehave
Mon Aug 17, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Trade/sell 2018 Honda CRV for 2020 RAV4 or CRV NEVER thought I would consider it but...
Replies: 27
Views: 2350

Re: Trade/sell 2018 Honda CRV for 2020 RAV4 or CRV NEVER thought I would consider it but...

I'd resist temptation and keep the vehicle you are familiar with and trust. You will take a beating on taxes and fees if you sell. Regarding safety features, in my experience the rear cross-traffic alert and blind-spot monitor are the two biggest advanced function benefits. So if you do go for advan...
by Beehave
Mon Aug 17, 2020 12:34 pm
Forum: Investing - Theory, News & General
Topic: When to realize gains?
Replies: 5
Views: 523

Re: When to realize gains?

I doubt this is the answer being sought... but here goes. I'd suggest not letting the tax tail wag the dog. Once assets have reached capital gains-status, I'd consider asset allocation (rebalancing to maintain desired allocation ratios) as the core reason for selling or holding. If you have a divers...
by Beehave
Mon Aug 17, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12146

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

OP says: "The traditional 60/40 mix of stocks and bonds, commonly portrayed as an optimal portfolio, is supposed to mitigate the effects of this sort of extreme market volatility and deliver returns that pension fund managers can rely on. But the 60/40 mix is an artifact from another time." OP's mis...
by Beehave
Fri Aug 14, 2020 1:57 pm
Forum: Personal Investments
Topic: Corporate Defined Benefit Pension —when to tap
Replies: 18
Views: 1274

Re: Corporate Defined Benefit Pension —when to tap

If it's not an "either/or" decision, I'd suggest waiting. Do your Roth converions and see how you feel about the conversions and living off your savings. If you don't like it and want monthly income, then take the pension at that time (or if age 60 is a fixed point, then at age 60). Even if your com...
by Beehave
Wed Aug 12, 2020 7:23 pm
Forum: Investing - Theory, News & General
Topic: How to invest in an inflationary environment: real estate?
Replies: 13
Views: 976

Re: How to invest in an inflationary environment: real estate?

If you do this, consult an attorney on avoiding personal liability (so that you do not risk ruining your life) and an expert on securing mortgages for rental properties so that you understand your financial (and any other) requirements and the degree of commitment of the lender so that you don't was...
by Beehave
Sun Aug 09, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: What if I have to fund more of my retirement myself?
Replies: 24
Views: 2818

Re: What if I have to fund more of my retirement myself?

My unschooled thoughts: If we enter a period of strong growth, then pension and SS funding should improve and stocks should do well. The major concern would be if inflation took off also. If we enter a period of decline, then the financial conditions of pensions and SS will likely decline as well an...
by Beehave
Thu Aug 06, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying annuity (SPIA) a good idea for someone who will not have Social Security benefits?
Replies: 20
Views: 1326

Re: Is buying annuity (SPIA) a good idea for someone who will not have Social Security benefits?

Assuming you purchase the annuity from a strong company, it has the major benefit of minimizing the amount of your nest egg that you need to convert to cash for your living expenses, which protects you when the market is down. This is not simply a financial benefit. It is a big psychological benefit...
by Beehave
Tue Aug 04, 2020 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Compare the state tax across states - California, Florida
Replies: 69
Views: 5905

Re: Compare the state tax across states - California, Florida

Another consideration: insurance needs, costs, and availability vary widely as well, including by locality within state. Consider insurance needs like health, flood, sinkhole, auto, etc.
by Beehave
Mon Aug 03, 2020 7:16 pm
Forum: Personal Investments
Topic: Overcoming the fear of an early retirement
Replies: 117
Views: 8845

Re: Overcoming the fear of an early retirement

I had exceedingly stressful work in corporate IT and then got laid off in the 2009-10 financial collapse. I ended up retiring before I had planned. I had taught before entering the IT world, and in retirement I'm teaching again, part-time. My health was impacted by the corporate stress (3 AM calls a...
by Beehave
Thu Jul 30, 2020 7:36 am
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 8170

Re: Poor service at Vanguard making me re-think my decision

Wow. Lot of Vanguard bashing on Bogleheads site. What gives? I have dealt with Vanguard for 30 plus years without any problems. I also have a smaller Fidelity account. I do not see one web site better than the other. It’s what you get used to. On almost all similar fixed income funds, Vanguard is t...
by Beehave
Thu Jul 23, 2020 5:18 pm
Forum: Personal Consumer Issues
Topic: Retirement Relocation - Permaculture - Western and Southern Cities
Replies: 49
Views: 3604

Re: Retirement Relocation - Permaculture - Western and Southern Cities

Thee's a hydroponic farm just south of Tampa. Their website has a link discussing the local SW Florida growing season, and the site should be of interest for permaculture elsewhere - my suggestion being in a screened area (lanai) because of the density of growth and ease of access and some shade. (E...
by Beehave
Tue Jul 21, 2020 5:33 pm
Forum: Personal Investments
Topic: Reblancing with target funds
Replies: 7
Views: 452

Re: Reblancing with target funds

If I understand, you have both Roth and regular 401k funds all invested in very low cost institutional shares of Vanguard's 2045 fund. You also have funds outside of the 401K. There are people who practice tax-loss harvesting with funds outside of their 401k and IRA , and you might want to look into...
by Beehave
Mon Jul 20, 2020 2:58 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6014

Re: Walking OK with sun exposure?

Walk early and or late when sun is down or twilight or just above horizon (in which case wear sunglasses). Regarding heat, 3 suggestions. (1) If you walk when the sun is set you benefit from the temp being lower and you don't need messy sunscreen (2) If you wear a sports headband and get a swim tow...
by Beehave
Mon Jul 20, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6014

Re: Walking OK with sun exposure?

Walk early and or late when sun is down or twilight or just above horizon (in which case wear sunglasses). Regarding heat, 3 suggestions. (1) If you walk when the sun is set you benefit from the temp being lower and you don't need messy sunscreen (2) If you wear a sports headband and get a swim towe...
by Beehave
Sat Jul 18, 2020 6:57 am
Forum: Investing - Theory, News & General
Topic: Count Cash as Fixed Income?
Replies: 80
Views: 3380

Re: Count Cash as Fixed Income?

This person asking for advice is starting out in a career now. This is not a mid-career or pre-retirement question. It is vitally important, especially in this fraught time, for someone starting out to maintain an emergency fund that is what the name of the fund says - a fund for emergencies. This ...
by Beehave
Sat Jul 18, 2020 6:44 am
Forum: Investing - Theory, News & General
Topic: Count Cash as Fixed Income?
Replies: 80
Views: 3380

Re: Count Cash as Fixed Income?

This person asking for advice is starting out in a career now. This is not a mid-career or pre-retirement question. It is vitally important, especially in this fraught time, for someone starting out to maintain an emergency fund that is what the name of the fund says - a fund for emergencies. This ...
by Beehave
Fri Jul 17, 2020 10:15 pm
Forum: Investing - Theory, News & General
Topic: Count Cash as Fixed Income?
Replies: 80
Views: 3380

Re: Count Cash as Fixed Income?

I count my EF as part of my portfolio. I carve it out of my TIPS allocation.I don’t see a compelling reason not to do so. Money is fungible and mental accounting isn’t real. Emergency doors in aircraft and school buses are doors. They are not fungible with the other doors. For someone with a large ...
by Beehave
Fri Jul 17, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Count Cash as Fixed Income?
Replies: 80
Views: 3380

Re: Count Cash as Fixed Income?

I count my EF as part of my portfolio. I carve it out of my TIPS allocation.I don’t see a compelling reason not to do so. Money is fungible and mental accounting isn’t real. Emergency doors in aircraft and school buses are doors. They are not fungible with the other doors. For someone with a large ...