Search found 131 matches

by miket29
Fri Oct 18, 2019 6:23 pm
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4030

Re: Getting up in age, too stock heavy

So...it does seem to be a majority of those who helped me think that 40 stocks and 60 bonds (Vanguards suggestion) is too conservative. I guess I always just thought that when you are in your 70's that you start going over on the other side of the 60/40? But the consensus suggests that Vanguards is...
by miket29
Fri Oct 18, 2019 12:50 am
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4030

Re: Getting up in age, too stock heavy

So...it does seem to be a majority of those who helped me think that 40 stocks and 60 bonds (Vanguards suggestion) is too conservative. I guess I always just thought that when you are in your 70's that you start going over on the other side of the 60/40? But the consensus suggests that Vanguards is...
by miket29
Sun Oct 13, 2019 5:53 pm
Forum: Personal Investments
Topic: Bond Allocation Choices at Retirement
Replies: 10
Views: 1627

Re: Bond Allocation Choices at Retirement

Retiring in December. Approx 2M. 50-50 allocation of stocks and bonds. Bonds are split 50-50 between intermediate term treasury ETF and BAGIX total bond fund. I have read a lot about I bonds and cd ladders on the forum. Is my current allocation OK at this point? Now is a good time to be sure you ar...
by miket29
Thu Oct 10, 2019 9:41 pm
Forum: Personal Investments
Topic: When is the best time to exchange a "not so good" fund in a 401K account?
Replies: 15
Views: 946

Re: When is the best time to exchange a "not so good" fund in a 401K account?

I will check with the provider. Will you recommend if for bonds expense ratio is ~ 0.6% to 0.8% ? The two bond options are MIAAX(0.8%) and MRBFX(0.68%). and the two international funds are IVVYX(1.18%) and HEMZX(1.58%) Those expense ratios are terrible. And it has a 4.25% sales charge; hopefully yo...
by miket29
Wed Oct 02, 2019 4:20 pm
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 12133

Re: Learnings/Regrets from last two recessions

I was working in tech in 2000. Figured I had enough exposure to tech thru options at mega-corp I was working at, so my 401k was in domestic and international mutual funds. I was selling some options along the way, but after the crash the options were worth a fraction of what they were months earlier...
by miket29
Mon Sep 30, 2019 10:03 pm
Forum: Personal Investments
Topic: Accounting for mortgage in retirement math
Replies: 20
Views: 1720

Re: Accounting for mortgage in retirement math

2. Pad your retirement savings to generate sufficient additional income to cover the mortage. In our case our $3k monthly mortage payment goes roughly $2k towards the mortage and $1k towards the escrow account for taxes and insurance. With a paid-off mortage we'd still be needing to cover roughly $...
by miket29
Mon Sep 23, 2019 1:59 pm
Forum: Personal Investments
Topic: Glide path vs Coming In Hot
Replies: 23
Views: 2702

Re: Glide path vs Coming In Hot

I’d love for us to both retire once the kids are done with college. I’m pretty sure we can live reasonably comfortably on $100-120K/year. It’s tough for me to judge expenses, since we spend quite a bit each month on the kids and various non-essentials, but we’re debt-free, and have a cushy cash eme...
by miket29
Sat Aug 31, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 98
Views: 14900

Re: Vanguard alert [Unclaimed property notice]

I registered just so I could post my experience with this. The thread is dated, but hopefully this will be helpful to some. Wow, scary info! Thanks for posting. I'm a buy and hold investor so I just leave things alone for long periods of time. I'm going to set a calendar event to log in every 6 mos.
by miket29
Thu Aug 29, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: thinking about paying off mortgage
Replies: 5
Views: 431

thinking about paying off mortgage

I've looked thru a few recent threads but they don't seem applicable to me due to age differences or money left after paying off the mortgage I'm 3 years away from retirement and have 22 years left on a 30 year mortgage of $400K at 3.5%. So at present the interest payment is roughly $12K per year. W...
by miket29
Tue Aug 13, 2019 11:10 pm
Forum: Personal Investments
Topic: asset allocation with debt paydown instead of bond investment
Replies: 15
Views: 808

Re: asset allocation with debt paydown instead of bond investment

The SEC Yield on Total US Bond is 2.41% today. +2.41% vs -3.75% That is a 6.16% spread. I'm not following the logic here. The bond in the amount of the mortgage invested in bonds is earning 2.41%, the negative bond in the equal amount paying off the mortgage is costing 3.75%. The net difference is ...
by miket29
Tue Aug 13, 2019 11:02 pm
Forum: Personal Investments
Topic: Laid off - 59yo - advice please
Replies: 44
Views: 6975

Re: Laid off - 59yo - advice please

My annual overhead is around 50K (between rent, insurance, and the basics). Single, no kids, no debt, don't own a house. I live in California. I'll hopefully be able to bring in $10k - 15k annually doing freelance work. So, I'll have an approximate $35K - 40K annual shortfall that I'll have to with...
by miket29
Thu Aug 01, 2019 6:19 pm
Forum: Personal Investments
Topic: VTI and call it a day?
Replies: 9
Views: 1498

Re: VTI and call it a day?

Hello all, as I get 5 or so years from retirement but still invest a lot monthly,Over all, I'm 60/40. Is that 60% stocks? One rule of thumb is that your bond holdings should parallel your age. If you are 60, then 60% in bonds. Some suggest even more; for example Rick Ferri suggests 30% stock for ne...
by miket29
Fri Jul 26, 2019 12:13 pm
Forum: Personal Investments
Topic: Should I pay off my mortgage?
Replies: 34
Views: 2451

Re: Should I pay off my mortgage?

The $150K money in the Roth is likely (but not guaranteed) to grow at faster than 3.125% annualized over the next 15 years. So even if writing the $2,500 check pains you, the loss in foregone appreciation if you cash out the Roth to pay off the mortgage may be much, much more. However, I may have go...
by miket29
Thu Jul 25, 2019 10:53 am
Forum: Personal Investments
Topic: Retirement Portfolio for our Over-Valued times (2020 retirement)
Replies: 10
Views: 2034

Re: Retirement Portfolio for our Over-Valued times (2020 retirement)

For AA there is no perfect answer. Rick Ferri has suggested that the best allocation for pre-retirees or those recently retired is 30% stock, 70% bond. See https://www.forbes.com/sites/rickferri/2015/02/06/the-center-of-gravity-for-retirees/#13a5fed65dae He does write this may be too conservative fo...
by miket29
Wed Jul 24, 2019 4:50 pm
Forum: Personal Investments
Topic: Here for my 40yr Checkup!
Replies: 11
Views: 1839

Re: Here for my 40yr Checkup!

Yes, I looked into this previously and it’s not an option unfortunately. I can indeed make after tax contributions and also In-service rollovers. The problem is that the in service rollovers come from both before and after tax so I cannot specify just after tax. That’s too bad. This is a longshot, ...
by miket29
Wed Jul 24, 2019 2:40 pm
Forum: Personal Investments
Topic: Here for my 40yr Checkup!
Replies: 11
Views: 1839

Re: Here for my 40yr Checkup!

New annual Contributions $19k his 401k (6% match) $19k her 401k (4% match) $6k his Roth IRA $6k her Roth IRA $7k Combined HSAs $10k 529s (ages 4 and 6 currently) $5k Extra Mortgage Payment Rest that is saved ~$5-10k taxable (for retirement, not short term goals) The only suggestion I'd make is to f...
by miket29
Wed Jul 24, 2019 2:34 pm
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 2835

Re: Who has the best (easiest) Donor Advised Fund

Most of my assets are at Vanguard, but I used Fidelity for a DAF because of the lower minimums for account and donations. I believe I was able to identify specific lots when I transferred the assets, but I would think that's more about the sender than the receiver. +1 Did the same thing, for the sa...
by miket29
Tue Jul 23, 2019 2:48 pm
Forum: Personal Investments
Topic: Is my understanding of Mega Backdoor Roth correct?
Replies: 7
Views: 754

Re: Is my understanding of Mega Backdoor Roth correct?

Is this what I should be doing to take advantage of Mega Backdoor Roth? 1. Continue putting 12% pretax in 401k. 2. Put $34,500 additional annually post tax in the same 401k. 3. Put $5500 in traditional IRA. 4. Rollover the $34,500 + $5500 to ROTH IRA. Agree with what anon_investor wrote, your pictu...
by miket29
Tue Jul 23, 2019 2:44 pm
Forum: Personal Investments
Topic: Update from when you helped this physician newbie
Replies: 72
Views: 8842

Re: Update from when you helped this physician newbie

accidental duplicate post
by miket29
Tue Jul 23, 2019 2:44 pm
Forum: Personal Investments
Topic: Update from when you helped this physician newbie
Replies: 72
Views: 8842

Re: Update from when you helped this physician newbie

My follow up questions now would be to ask for your insight on how to improve my investing? With lots of talks and articles about a recession looming citing several different charts that predicted previous recessions, how do I minimize recession damage and figure out when to buy low? You don't. You...
by miket29
Mon Jul 22, 2019 6:33 pm
Forum: Personal Investments
Topic: Rollover Fidelity 401k to Vanguard IRA
Replies: 11
Views: 749

Re: Rollover Fidelity 401k to Vanguard IRA

Not what you asked, but I earnestly suggest you keep the money in your 401k and not rollover. The IRA will stand in the way of doing backdoor Roth should you need it in the future, and the 401k has much better creditor protections than IRAs. +1 I wish I had known this before I did my Rollover a few...
by miket29
Sat Jul 20, 2019 6:19 pm
Forum: Personal Investments
Topic: A little discouraged with earnings, is it really this slow?
Replies: 66
Views: 9645

Re: A little discouraged with earnings, is it really this slow?

You should read the article "If You Can" by William Bernstein at https://www.etf.com/docs/IfYouCan.pdf

Remember, too, that compound interest is exponential growth. The first doubling doesn't seem to make a big difference but the last one sure does!
by miket29
Sat Jul 20, 2019 12:42 pm
Forum: Personal Investments
Topic: Portfolio Issues Approaching Retirement
Replies: 40
Views: 2536

Re: Portfolio Issues Approaching Retirement

The givens of my situation are these: - Planning to retire before the end of this year, 2019. - Current assets nearing 30X expected expenses in retirement, exclusive of pension and SS income. - Estimated years in retirement - 30 years Asset Allocation : 50:50 - all in low expense, broad index funds...
by miket29
Fri Jul 19, 2019 6:36 pm
Forum: Personal Investments
Topic: Bond Strategy Input Appreciated
Replies: 16
Views: 1214

Re: Bond Strategy Input Appreciated

Our asset allocation is 64% Stock 36% Bond. After calculations when doing the math on our combined bond holdings our total Corporate Bond exposure is 52% and Government is 48% Everyone's tolerance for risk differs, so your portfolio may be perfect for you even if it is one I would not choose. But b...
by miket29
Fri Jul 19, 2019 6:17 pm
Forum: Personal Investments
Topic: with 10K limit is an I-bond worth it?
Replies: 6
Views: 840

with 10K limit is an I-bond worth it?

As I near retirement I've been shifting my AA from mostly stock towards bonds. I just found out about I-bonds and like the inflation protection feature although the real interest rate is low (but so is everything else). My question is whether it is worth the bother with just 3 years or so until reti...
by miket29
Fri Jul 19, 2019 3:02 pm
Forum: Personal Investments
Topic: investment grade corporate bond funds fall in downturn?
Replies: 38
Views: 3552

Re: investment grade corporate bond funds fall in downturn?

Socrates wrote:
Fri Jul 19, 2019 12:17 pm
I have VFIDX (admiral shares) down just 6% in 2008, not 15%.
On 2/1/2008 VFIDX was 9.96 and on 10/31/2008 it was 8.17, or a fall of 18%

With the benefit of hindsight we see that it recovered by June 2010, but nobody on 10/31/2008 had a way of knowing that.
by miket29
Thu Jul 18, 2019 7:18 pm
Forum: Personal Investments
Topic: Been reading/learning for some time. Joined recently. Hesitant to pull the trigger.
Replies: 31
Views: 2934

Re: Been reading/learning for some time. Joined recently. Hesitant to pull the trigger.

That is a good question. Correct me if I'm wrong. With TIPS the only part of the money that is taxed is the inflation adjusted portion. So for example if I needed 100K a year after tax money for 25 years, that would we a ladder of 100k x 25 = 2.5 million. The rest of the funds would be in stocks an...
by miket29
Thu Jul 18, 2019 4:00 pm
Forum: Personal Investments
Topic: Where to invest "car fund" for 10 years or more
Replies: 22
Views: 2372

Re: Where to invest "car fund" for 10 years or more

I have a new vehicle that I expect to last at least 10 years. What I want to do next, in our taxable account, is allocate money for my next car to a separate tax-free fund so that when I need a new vehicle the money is there, separate from the rest. I don't want to buy a 10 year CD at today's inter...
by miket29
Thu Jul 18, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Substantial position in an individual stock
Replies: 31
Views: 2407

Re: Substantial position in an individual stock

How / can I de-risk my individual position while I'm holding on to it? Aside from that, the classic risk management approach to excessive single stock concentration involves buying a put option on the stock at a strike price below its current price. This is called a " protective put strategy ", and...
by miket29
Wed Jul 17, 2019 7:00 pm
Forum: Personal Investments
Topic: Been reading/learning for some time. Joined recently. Hesitant to pull the trigger.
Replies: 31
Views: 2934

Re: Been reading/learning for some time. Joined recently. Hesitant to pull the trigger.

Desired Asset allocation: between 40/60 and 50/50 Desired International allocation: no more than 15% of total assets So total portfolio once commercial property is sold would equal about 4,976,000. Plus about 200,000 once house is sold in about 2-3 years. The condo won't be sold for much longer tha...
by miket29
Wed Jul 17, 2019 2:40 pm
Forum: Personal Investments
Topic: Bond choices, risk vs yield
Replies: 21
Views: 1886

Re: Bond choices, risk vs yield

I was thinking what people think of mixing VBTLX with VWEAX 50/50 to increase the bond yield by about 1.5%. I realize the risk profile with VWEAX is much different than VBTLX hence my idea to blend it with VBTLX. I would still see this as more conservative and less volatile than a higher percentage...
by miket29
Mon Jul 15, 2019 11:01 pm
Forum: Personal Investments
Topic: New to investing at 35, Portfolio check please?
Replies: 15
Views: 2481

Re: New to investing at 35, Portfolio check please?

5. Is it OK to be 100% stock at this age? I've read pros sand cons for being 100% stock on this blog. And pros and cons for having bonds. And pros and cons for having an international fund. I was 100% in stock for decades, until I got within a few years of retirement. In retrospect I probably shoul...
by miket29
Sat Jul 13, 2019 7:54 pm
Forum: Personal Investments
Topic: First post of confused retiree
Replies: 20
Views: 3501

Re: First post of confused retiree

Pensions cover our living expenses. Any left over is used for vacations and travel. In the event of a death, would sell one property and payoff the other so there would be no mortgage debt. One pension will then be able to cover living expenses and would probably start withdrawing a thousand a mont...
by miket29
Fri Jul 12, 2019 11:33 pm
Forum: Personal Investments
Topic: First post of confused retiree
Replies: 20
Views: 3501

Re: First post of confused retiree

M - gross pension 75,000 F - gross pension 75,000 F- inherited IRA balance 45,000 Min distribution 2,000/yr. $150,000 in brokerage account which we about to sell due to fees. Looking to reduce current fees, so will be liquidating brokerage account. Account has 20 dividend aristocrat stocks. Have be...
by miket29
Fri Jul 12, 2019 3:20 pm
Forum: Personal Investments
Topic: OH no, ANOTHER "Should I pay off my Mortgage with Taxable acct" question, with a bit of a twist?
Replies: 40
Views: 4295

Re: OH no, ANOTHER "Should I pay off my Mortgage with Taxable acct" question, with a bit of a twist?

House. Bought House for $165,000 in 2008. Put $33,000 down and borrowed $132,000. It appraises at about $200,000 now. Refinanced original mortgage in 2012 to lower rate from 5.35% to 4.00% 30 year with zero closing costs. Owe $68,000. Home Buyers Credit- $4,000 Must repay $500 a year when paying ta...
by miket29
Thu Jul 11, 2019 3:04 pm
Forum: Personal Investments
Topic: Why not post-tax investment in US for people from Home Country - India
Replies: 34
Views: 3387

Re: Why not post-tax investment?

Why not just invest post tax money in a three fund portfolio instead of putting in 401k, Roth401k etc., If the retiree doesn't work after 59 1/2 his/her ordinary/taxable income will be 0$ and when the portfolio is sold he/she might get taxed based on long term investments? or can someone share some...
by miket29
Tue Jul 02, 2019 9:14 pm
Forum: Personal Investments
Topic: Semi-Early Retirees: 401K to Roth IRA Conversions (Should I or Shouldn't I?)
Replies: 29
Views: 3716

Re: Semi-Early Retirees: 401K to Roth IRA Conversions (Should I or Shouldn't I?)

1. I’ve been planning to convert my entire 401K to Roth IRA over the next 4-5 years while the 24% tax brackets tops out at ~$320K, which is why we have so much cash/CMF in our taxable account, to pay the roth conversion taxes. What do you think? Is this a good idea? We would like to leave the Roth ...
by miket29
Fri Jun 28, 2019 5:55 pm
Forum: Personal Investments
Topic: Retirement all bond portfolio ???
Replies: 41
Views: 10302

Re: Re:

A portfolio with a stock allocation is actually safer than a 100% bond portfolio. Trinity study, table 3 . It depends on your need for portfolio growth. If you had enough money in the current low interest rate environment to buy a TIPS ladder matched against your expenses, there is probably nothing...
by miket29
Fri Jun 28, 2019 3:47 pm
Forum: Personal Investments
Topic: Financial planning now that retired
Replies: 49
Views: 10126

Re: Financial planning now that retired

Other people have commented about the possibility of transferring from Edward Jones to Fidelity. I would like to mention the possibility of transferring to Vanguard, because Vanguard's offering of balanced funds and money market funds are somewhat better than Fidelity. 50% stock / 50% bond is a com...
by miket29
Tue Jun 04, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 484
Views: 55165

Re: What is/ was your career and would you recommend it now?

EE working in digital hardware design. Got into the field kinda as a result of circumstances. In the early 1980s the Federal Reserve raised interest rates to flight inflation and the economy went into a tailspin. But the LA Times still had an extra classified section with jobs for engineers by the b...
by miket29
Thu May 30, 2019 12:55 pm
Forum: Personal Investments
Topic: Overlapping Funds? Figuring Out Asset Allocation
Replies: 12
Views: 889

Re: Overlapping Funds? Figuring Out Asset Allocation

with years of investing ahead of you, I suggest you consider tilting your portfolio. A brief discussion can be found at https://www.bogleheads.org/wiki/Value_tilting_-_stock and a more lengthy discussion in the book "Your Complete Guide to Factor‑Based Investing" as well as other websites and books....
by miket29
Thu May 30, 2019 12:38 pm
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 29
Views: 8598

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

Hi, Recently I came across a blog post by the financial sumurai on his passive income portfolio and alternative investments. As part of my follow up into what he wrote, I wanted to ask everyone here their thoughts and opinions. I have 200k in my 3 fund and a 100k CD maturing this year (29 yrs old)....
by miket29
Fri May 24, 2019 8:54 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3565

Re: Does tuning out mean missing out?

Why no Roth? We contributed to a Roth IRA in the past for several years until we hit the income limit to do a standard RothIRA contribution. We both now have rollover IRAs (from previous employers) that complicates doing a backdoor Roth IRA contribution. Be sure to check with your current 401K plan...
by miket29
Fri May 24, 2019 8:33 pm
Forum: Personal Investments
Topic: I have $100k in savings. Dollar cost averaging or lump sum investment?
Replies: 13
Views: 1666

Re: I have $100k in savings. Dollar cost averaging or lump sum investment?

Bogleheads! Would love some advice. I have ~$100k sitting in a money market at 2.2%. I want to get this money into the market and working for me in some low cost funds. Was this money from a lump-sum payout of some sort, or from steady savings? If the latter my advice is to do nothing until you can...
by miket29
Fri May 17, 2019 12:16 am
Forum: Personal Investments
Topic: Tilting very slightly towards small & mid caps. Is this a good idea?
Replies: 36
Views: 3108

Re: Tilting very slightly towards small & mid caps. Is this a good idea?

My main concern is I want to tilt enough to make a difference, but not enough to where I am extremely aggressive and volatile. Don't do it. As Larry Swedroe writes, factor returns are long-term results. The benefits may not show up for a decade or more. So that means they may underperform for a lon...
by miket29
Wed May 15, 2019 7:05 pm
Forum: Personal Investments
Topic: Fisher Investments--again
Replies: 16
Views: 3289

Re: Fisher Investments--again

see a similar discussion about finding an advisor in viewtopic.php?f=1&t=281099
by miket29
Wed May 15, 2019 7:02 pm
Forum: Personal Investments
Topic: One time fee only advisor - costs?
Replies: 20
Views: 1958

Re: One time fee only advisor - costs?

another advisor that seems to follow a Bogle-type approach using index funds is Allan Roth at https://daretobedull.com/
by miket29
Mon May 06, 2019 10:25 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth vs. EF/Taxable
Replies: 11
Views: 1244

Re: Mega Backdoor Roth vs. EF/Taxable

401K Loan: I can also borrow up to 50% of the 401K balance or $50K (whichever is greater) for liquidity if needed Be cautious about using this. If you leave your job for any reason, even if it is due to a layoff, the loan must be repaid by April of the following year. See https://www.creditkarma.co...
by miket29
Tue Apr 30, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: understanding Swedroe on total mkt fund having "no net exposure"?
Replies: 35
Views: 3017

Re: understanding Swedroe on total mkt fund having "no net exposure"?

More recently Fama has revised his list of factors with the best evidence supporting them and not subsumed by other factors. He has never claimed that these factors produce excess risk adjusted returns. When calculating risk adjusted returns Fama considers non-volatility risks. His risk adjusted re...