Search found 187 matches

by Quaestner
Wed Nov 06, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should be I be investing anything in my current situation?
Replies: 19
Views: 1600

Re: Should be I be investing anything in my current situation?

I think different people will give you different answers, and the worth of the answers depends on your temperament, work ethic, and employment prospects. Here's my thoughts. You make this out to be an either/or decision. It doesn't have to be. I think there would be some value in contributing to an ...
by Quaestner
Mon Oct 07, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3664

Re: 2010 Prius totaled.... Now what?

Irrelevant to your situation, but it would be interesting to know whether the "pre-collision" systems available on new cars would have been able to slam on the brakes in time to prevent your hitting the car in front. Sorry about the loss of the car. No fun. Maybe try to look at the brights side? As...
by Quaestner
Sat Oct 05, 2019 1:01 pm
Forum: Personal Investments
Topic: Recommendations for protecting eventual inheritance
Replies: 11
Views: 1297

Re: Recommendations for protecting eventual inheritance

It seems foolish for the heirs to "count their chickens before their hatched", but if they insisted, they could adjust their own asset allocation (in their tax deferred accounts) with the understanding that that inheritance is invested solely in US large cap stocks.
by Quaestner
Thu Oct 03, 2019 5:12 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7822

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

If you worry about overconfidence (actually if you worry about overconfidence it could be a sign you're not) consider the Jack Bogle portfolio--50% equity and 50% bonds. Since it's tougher to sleep as we get older that split allows you to obsess each and every night about your asset allocation. +1,...
by Quaestner
Fri Sep 27, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: What is the highest "safe" withdrawal rate for a 15 year period?
Replies: 44
Views: 3625

Re: What is the highest "safe" withdrawal rate for a 15 year period?

Hi - wish I saw you thinking/writing more about inflation and your pension and social security. Does the COLA apply from the time you aren't working to the time you're 60 and collect - or, more likely, just after you get it when you are 60? I'm unclear on this. What might inflation do the pension ov...
by Quaestner
Wed Sep 25, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: The Zeno's Paradox of investing: the buy-and-hold arrow that flies without moving
Replies: 31
Views: 2957

Re: The Zeno's Paradox of investing: the buy-and-hold arrow that flies without moving

So, should a young person who intends to be a buy and hold investor be accumulating low cost factor funds? Any paradox there?
by Quaestner
Wed Sep 25, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Solar panel advice & experiences
Replies: 64
Views: 2902

Re: Solar panel advice & experiences

I'll answer your questions. I've had solar 5 years and love it. Flawless production so far. The value is not just financial. I get satisfaction by being a bit greener and not having to pay an electric bill is worth something in and of itself (beyond the savings). So, solar is fun. Changing the neigh...
by Quaestner
Mon Sep 23, 2019 6:11 pm
Forum: Personal Investments
Topic: Savings bond registration & inheritance and taxes
Replies: 3
Views: 366

Re: Savings bond registration & inheritance and taxes

Sorry, no special knowledge here, just bumping this to the top for you because I'm curious about some of your questions too! (It would be a shame if for some reason your EE's got cashed before they reach the double point. Does your son understand why they are special?)
by Quaestner
Sun Sep 22, 2019 11:20 am
Forum: Personal Investments
Topic: Best plan for long-term cash?
Replies: 24
Views: 1096

Re: Best plan for long-term cash?

Consider putting a portion into I-bonds. They would seem to meet your criteria. I'm thinking that precious metals do not - they can be quite volatile and while they might hold value in the very long term, I don't think that's your best inflation hedge.
by Quaestner
Tue Sep 17, 2019 5:31 pm
Forum: Personal Investments
Topic: Investing in Retirement
Replies: 11
Views: 1834

Re: Investing in Retirement

Is there an advantage to using different lazy portfolios for the IRA and the Roth? I don't know your specific details, but if this was my portfolio, I might tilt highest expected return investments (stocks) towards the Roth, and the bonds towards the traditional (as ruralavalon also suggested). My ...
by Quaestner
Mon Sep 16, 2019 5:20 pm
Forum: Personal Investments
Topic: Rebalancing an Inherited IRA
Replies: 19
Views: 1204

Re: Rebalancing an Inherited IRA

As I type this, I'm asking myself "why would you say you don't believe in market timing and then argue for market timing?" :D Why not keep 10 shares of each stock, or at least the ones that provide some comfortable memories? I was going to point out, like vineviz, that this doesn't need to be an al...
by Quaestner
Sun Sep 15, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: What does “Stay the Course” mean exactly?
Replies: 35
Views: 3152

Re: What does “Stay the Course” mean exactly?

follow it religiously no matter what the market does . But is this what Jack Bogle meant? Yeah, I've wondered about that, too. I think that there might need to be a bit of a dynamic/adjustable component to an IPS in certain situations. Many will disagree. I started a thread about rebalancing when t...
by Quaestner
Mon Sep 02, 2019 2:42 pm
Forum: Personal Investments
Topic: Avoid grandson poverty
Replies: 76
Views: 9613

Re: Avoid grandson poverty

Kids can do unpredictable things. I know one who got good grades in college, graduated with two degrees in 4 years, and now, over two years after graduation still refuses to look for a job. $1000/month would let him fully fund his lifestyle - in fact it would greatly improve his standard of living. ...
by Quaestner
Fri Aug 23, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 70
Views: 8464

Re: Anybody else enjoy sitting around and doing little in retirement?

Try your full retirement for 6 months and see how it goes! Then, try an experiment and do a bit of volunteer work and/or find a hobby that requires some interaction with humans. Maybe you were indeed happy - but could you be happier?
(I may be writing to myself - I'm a bit scared to retire.)
by Quaestner
Fri Aug 23, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Bullfrog Spa (Hot Tub)
Replies: 9
Views: 621

Re: Bullfrog Spa (Hot Tub)

Bullfrog has a contract with a local provider that they have confidence in. They will do the delivery and set-up. One of us had to be there.
by Quaestner
Fri Aug 23, 2019 5:43 pm
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 4629

Re: Schwab user. Where should I put my Emergency Fund?

I know you are looking at Schwab, but I use (tax deferred, inflation adjusted) I-bonds held at Treasury Direct for much of my emergency fund. If you consider this, take the time to learn what you're getting into. The complication is not worth it for some!
by Quaestner
Fri Aug 23, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Bullfrog Spa (Hot Tub)
Replies: 9
Views: 621

Re: Bullfrog Spa (Hot Tub)

Bullfrog owner here. Pricey, but DW liked it, so there you go. I think there is something to the simplified design, and we like that we each got to choose our own jet design. The extra warranty through Costco (7 years - if I'm remembering correctly), also helped sell us. We've had it over a year and...
by Quaestner
Fri Aug 23, 2019 5:22 pm
Forum: Personal Investments
Topic: Do I Need an Emergency Fund And How Much
Replies: 41
Views: 3948

Re: Do I Need an Emergency Fund And How Much

Are you a "rebalancer"? If stocks go down 50%, will you sell $32K (40%) of your bonds to buy stocks to take them back to 80% of your portfolio? And then, would the remaining bonds be enough of an emergency fund? Stashing $15K (6 months for you) in a money market account (or I-bonds) might help smoot...
by Quaestner
Fri Aug 02, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation w/ Bond Yields at Zero%
Replies: 12
Views: 1866

Re: Asset Allocation w/ Bond Yields at Zero%

We don't know what bonds will do, but let's say that US yields go lower. That will surely mean that inflation is low - a good thing when retired! I wouldn't break your plan and load up on riskier things. You can weather a low yield storm.
by Quaestner
Thu Aug 01, 2019 4:59 pm
Forum: Personal Consumer Issues
Topic: any numismatists (coin collectors) out there?
Replies: 22
Views: 2464

Re: any numismatists (coin collectors) out there?

While I'm glad some of the posters here felt they were dealt with fairly by 'appraiser'/buyers, how would they know for sure? I think it is an unethical conflict of interest for an appraiser to make you an offer (on coins or anything else they are paid for appraising). One can do their own prelimina...
by Quaestner
Mon Jul 29, 2019 5:46 pm
Forum: Personal Investments
Topic: Issue of unrealised gains when transferring to passive
Replies: 40
Views: 2023

Re: Issue of unrealised gains when transferring to passive

Apologies if this is too basic, but make sure that you're not automatically reinvesting dividends and capital gains in your taxable account. Doing so would just "compound" the situation you find yourself in. Redirect these to the passive investments you prefer.
by Quaestner
Mon Jul 29, 2019 12:02 pm
Forum: Personal Investments
Topic: Advice on taking a draw from Vanguard accounts
Replies: 8
Views: 1052

Re: Advice on taking a draw from Vanguard accounts

A draw would give us some extra breathing room for delaying social security until age 70. This can be a great strategy! But don't automatically assume that the best option is for both of you to wait until 70. You might see what Mike Piper's https://opensocialsecurity.com/ says about optimal claimin...
by Quaestner
Sat Jul 13, 2019 3:14 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 3111

Re: What asset class is gold?

Given it's size in your portfolio, and your preference for gold, I think you should consider the gold as part of your asset allocation. As gold is not a stock or a bond, your asset allocation can't be 60/40. How about: 54.6/36.4/9? Then 60 % of your non-gold assets would be stocks, 40% bonds. (Or ma...
by Quaestner
Thu Jul 11, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 8367

Re: Has anyone inherited a obligation/burden/responsibility?

This is tough. Since want our heirs to honor our wishes, we should be mindful of honoring the responsibilities we inherit. That said, we can see that some of these responsibilities cause headaches and heartaches. So, I think that we should strive to not guilt trip our heirs - via wills or otherwise....
by Quaestner
Tue Jun 25, 2019 6:51 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Your posts mathematically show what I've understood (from reading books and thinking about this). I've always wanted to rebalance, but you give a clear explanation of why. I've been surprised at the number of people on this, and other threads, that eschew rebalancing - or only intend to do it in one...
by Quaestner
Tue Jun 25, 2019 4:00 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Thank you for this detailed information! It would appear to be bad news for all the folks in target date funds (?). I wonder how much of an art vs. a science this is (choosing your specific rule), and where you might steer someone who wanted to review recent trends for different asset classes?
by Quaestner
Sun Jun 23, 2019 1:57 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

As I've learned more about investing, I've sliced and diced the portfolio to make it more tax efficient - (and more complicated to rebalance). Pros and cons. The more I learn, the more uncertain I grow about the alleged tax-efficiency of locating assets in various accounts. Logically, one should ap...
by Quaestner
Sun Jun 23, 2019 1:51 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

It seems like we need a floor of bonds that we won’t go below. I think we would not be able to stick to a rebalancing plan if our portfolio dropped by much more than half. OK. This doesn't stand the test of logic. Instead of setting a floor of bonds, it's best to reduce the stock allocation before ...
by Quaestner
Sun Jun 23, 2019 1:44 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

OP, What is the current rebalance timeframe? Annually, semi annually? If you set it to semi semi annually or longer, you can avoid any historical further declines of another fifty percent. Thanks for weighing in on this. Once a year I look at things very carefully for rebalancing. But... I peer at ...
by Quaestner
Sun Jun 23, 2019 1:31 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Perhaps give more thought to rebalancing technique. Maybe take advantage of TIME as another variable. Some suggest moving only 10% of deviation from target per month. This tends to limit the sucking effect into Stocks in a declining market and is a way of taking note of momentum when it is having a...
by Quaestner
Sun Jun 23, 2019 1:24 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

So, what I’m wondering is – is our 50/50 allocation too high if we can’t stomach our portfolio dropping by much more than half? Is it reasonable to describe a point in our IPS where we stop rebalancing into stocks? Very unlikely that a 50/50 portfolio would drop by half. As others have mentioned, t...
by Quaestner
Sun Jun 23, 2019 1:21 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

One of my summer projects is to write our IPS. We think we can avoid selling stocks in during a bear market, and can in fact rebalance during stock declines. I described to DW what a 50% market decline might do to our (50/50) portfolio, and she was ok with the idea of rebalancing in to this size be...
by Quaestner
Sat Jun 22, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 4955

Re: Prius vs. Prius Prime

Thank you all. Here's a slightly different question: why would one buy the regular Prius over the Prius Plug-in if they have a low electric rate? Scared of new tech? Want to appear green, but not "ultra-green"? Don't drive enough to make it cost effective? Drive so much the 30 mile electric range i...
by Quaestner
Sat Jun 22, 2019 5:18 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

OP, I set my rebalancing limit at 5 years of expense. I will stop selling the bond to buy the stock when it reaches the limit of 300K. KlangFool There's a diversity of opinion on this subject! Thanks for sharing your philosophy. I may need to revisit what my true minimum expenses are. Is self fundi...
by Quaestner
Sat Jun 22, 2019 5:09 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Why do you have the AA that you have? The purpose of a AA is to insure that you have the money you need to fund your retirement. You say that your pensions and SS will fund your everyday retirement expenses and that your investments are for additional things like long term care, travel, and childre...
by Quaestner
Sat Jun 22, 2019 5:01 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

I know we can’t keep rebalancing into oblivion – so what might I do instead? We have most of our money invested in a target retirement account so it rebalances automatically daily we we do not even see it. This means that we never need to make any decisions about doing a big rebalance. Any of the L...
by Quaestner
Sat Jun 22, 2019 4:57 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Consider that there are both personal and financial "black swan" events that can dent a portfolio far more than a market downturn. So, it would be prudent to adjust your allocation and overall financial strategy to accommodate those scenarios. A random thought. j :happy You got that right! But does...
by Quaestner
Sat Jun 22, 2019 3:59 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

So, what I’m wondering is – is our 50/50 allocation too high if we can’t stomach our portfolio dropping by much more than half? Is it reasonable to describe a point in our IPS where we stop rebalancing into stocks? Very unlikely that a 50/50 portfolio would drop by half. As others have mentioned, t...
by Quaestner
Sat Jun 22, 2019 3:48 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Why not just cap the stocks at 50%? (i.e. rebalance when stocks exceed 50%, but just take a walk when the market plunges) I honestly hadn't thought of that. I've always had it in mind to buy low and sell high via rebalancing, but I know there are some "FIREsales" where I would/should(?) hold onto m...
by Quaestner
Sat Jun 22, 2019 2:49 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

I'd find a way to get comfortable (both of you) with the concept of "rebalancing into oblivion". I use that phrase tongue-in-cheek, but rebalancing is crucial to REDUCING your risk in retirement. An emotional decision to avoid rebalancing, for any reason, is going to make your retirement riskier th...
by Quaestner
Sat Jun 22, 2019 2:36 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

I am perfectly comfortable for a retiree not to rebalance into stocks when stocks take a dip. Probably, however, when such a thing happens and one sells assets to take a withdrawal that sale would come from bonds, thus is "closet" rebalancing. Thanks dbr! (I kind of do this with my RMD - take it fr...
by Quaestner
Sat Jun 22, 2019 12:50 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Re: Rebalancing to Oblivion

Dottie57 wrote:
Sat Jun 22, 2019 12:39 pm
I think your rebalance plan is very reasonable. You don’t want to spend all Bonds on stocks.
Thank you Dottie57! It's good just to bounce my ideas off of someone and get some feedback.
by Quaestner
Sat Jun 22, 2019 12:30 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4651

Rebalancing to Oblivion

One of my summer projects is to write our IPS. We think we can avoid selling stocks in during a bear market, and can in fact rebalance during stock declines. I described to DW what a 50% market decline might do to our (50/50) portfolio, and she was ok with the idea of rebalancing in to this size bea...
by Quaestner
Sat Jun 22, 2019 10:16 am
Forum: Personal Investments
Topic: How did you overcome your fear of investing?
Replies: 33
Views: 2648

Re: How did you overcome your fear of investing?

They amount to no more than short unfinished sentences like “I’m worried I’ll lose money and...” It helps me to think of the money I've invested as "spent". I've bought bits of businesses, and I trust other smart people to do their best with the business they run. Not thinking of my portfolio as do...
by Quaestner
Fri Jun 21, 2019 12:48 pm
Forum: Personal Investments
Topic: Asset Allocation Question.
Replies: 14
Views: 1507

Re: Asset Allocation Question.

I'm tempted to advise you stay with a plan that matches your "SteadyEddie" moniker - and just "stay the course" you've set! But, there's some (non-financial) value in the feeling of a paid-off mortgage in addition to the guaranteed return you mention. But I do wonder - does your decision need to be ...
by Quaestner
Sun Jun 16, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 171
Views: 15127

Re: Why do large personal portfolios include bonds?

Maybe because their owners realize the sample size for stock market returns is not that large and the future is unknowable? We could have a multi-year "super-bear" market, so even if one is super-rich, bonds in the portfolio might be useful. Can you explain what you mean by "multi-year super-bear m...
by Quaestner
Sun Jun 16, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 171
Views: 15127

Re: Why do large personal portfolios include bonds?

Maybe because their owners realize the sample size for stock market returns is not that large and the future is unknowable? We could have a multi-year "super-bear" market, so even if one is super-rich, bonds in the portfolio might be useful.
by Quaestner
Sat Jun 15, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3959

Re: Do you repair your own appliances?

OP - I'm not as ambitious as many of the posters here, but I did watch a youtube video that showed me how to easily remove and clean the pump filter on my washer. Cleaning out the bits collected on the filter (that came from poorly emptied pockets) restored the ability of my washer to drain properly...
by Quaestner
Thu Jun 13, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Best source for buying Gold Coins
Replies: 55
Views: 4430

Re: Best source for buying Gold Coins

Here's my two-cent piece: American Eagles are boring. If you really want to give a gold coin, consider something with more historical or collector interest. Saint-Guadens $20? Look at Ampex "pre-1933 U.S. Gold" gold coins for some easy to purchase examples from our nation's history. You will pay mor...
by Quaestner
Sat Jun 08, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Attn: teachers....Daughter considering 80% teaching position. Good idea?
Replies: 64
Views: 5299

Re: Attn: teachers....Daughter considering 80% teaching position. Good idea?

The first year of teaching for many folks can be overwhelming and many folks quit. Working in a position where you "fit", matters. Looking back, if I could have had an .8 contract my first year, it would have been a good thing. More time to reflect, prepare, and learn the job in a slightly less stre...