Search found 3280 matches

by heyyou
Mon Feb 18, 2019 3:09 am
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 56
Views: 6185

Re: Girlfriend's Financial Advisor Recommendations...

Follow the money that is being taken from the employees due to the high expense fees. My opinion is the self-employed advisor is paying the GF's business (maybe bribing the office boss with free dinners) to get access to the employees in order to fleece them, or at least is not charging the business...
by heyyou
Mon Feb 18, 2019 1:49 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 69
Views: 10802

Re: 3 stages of Financial Independence

For some, those three stages are similar to early retirement (ER), full retirement age (FRA) for Social Security, and post age 70.5. At ER, age 55, the retiree watches expenses and portfolio value, then relaxes by FRA due to portfolio success and familiarity at living within their means. By age 70+,...
by heyyou
Sat Feb 16, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: Morningstar Premium for $99
Replies: 39
Views: 8599

Re: Morningstar Premium for $99

If I were to open a minimum sized account at T. Rowe Price, what sub-category of stock fund or type of bond fund, should I choose to keep the hassle the least from the oddball fund? A cut and paste from common questions at the TRP website: Account Type........................... Minimum Investment N...
by heyyou
Sat Feb 16, 2019 9:15 pm
Forum: Investing - Theory, News & General
Topic: Low risk, high return portfolio idea - Is this crazy?
Replies: 23
Views: 2469

Re: Low risk, high return portfolio idea - Is this crazy?

When I see low risk with high returns, it means that I haven't seen all of the risks.
by heyyou
Sat Feb 16, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: Split the Equity allocation 50% US / 50% International
Replies: 55
Views: 7538

Re: Split the Equity allocation 50% US / 50% International

I hope that others find what suits them, regardless of if it differs from what suits me. Allocations are very personal, not one size fits most.
by heyyou
Sat Feb 16, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 7007

Re: Did you get spooked by the December 2018 fall and gave up on passive?

I've lived through a lot worse and passive just suits me. Patience is fullness. I'm only wanting good enough long term returns.
by heyyou
Sat Feb 16, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income
Replies: 44
Views: 2707

Re: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income

Most are seeking certainty, in a world of continuous uncertainty, so there is opportunity for those who claim to know how to solve the conundrum.
Let us not forget the parable about the blind guys describing the elephant by touching only parts of it.
by heyyou
Sat Feb 16, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: The WORST Morningstar Style Category In 2018
Replies: 34
Views: 2693

Re: The WORST Morningstar Style Category In 2018

“Don’t look for the needle. Buy the haystack.” The total market fund performs identically to the SP500. If you want meaningful exposure to the rest of the style boxes that aren’t large cap blend then you’ll need to add additional funds. Don't you hate it when more thorough data challenges your know...
by heyyou
Fri Feb 15, 2019 2:33 am
Forum: Personal Investments
Topic: glide-path in a declining market?
Replies: 13
Views: 1438

Re: glide-path in a declining market?

Planning to start retirement with spending only from your bond funds would avoid the need to sell any more equities now, while you wait for your stock portfolio to recover in retirement before rebalancing. McClung suggests that, for bypassing sequence risk, but he also withdraws an almost fixed % of...
by heyyou
Wed Feb 13, 2019 10:58 pm
Forum: Personal Investments
Topic: Why international?
Replies: 142
Views: 9199

Re: Why international?

Why are some here trying to find optimal returns when that greedy path is known to lead to long term poorer returns? Whatever does best will soon be followed by poor performance for a long long time. Gold has that history, as do collateralized commodities funds that were designed for a repeat of ene...
by heyyou
Tue Feb 12, 2019 4:41 pm
Forum: Personal Investments
Topic: What kind of end balance makes you happy?
Replies: 27
Views: 2008

Re: What kind of end balance makes you happy?

No need for a legacy, but I might be another one of those little old guys who wore un-ironed cotton clothing, but left six figures each to a library and a favorite non-profit.

ETA: and drove that really old Toyota. :D
by heyyou
Tue Feb 12, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 5440

Re: Best ways to provide STRUCTURE to retired life

When we were in school, did we know where we would be working? So we had to adapt into our futures. When we were working, did we know how we would spend our time in retirement? Perhaps some more adaptation could happen. In retirement, my hiking for exercise led to trying some volunteer hiking trail ...
by heyyou
Sun Feb 10, 2019 1:38 am
Forum: Personal Investments
Topic: Tilt / Overweight -- what percentage?
Replies: 24
Views: 2137

Re: Tilt / Overweight -- what percentage?

...but with increased exposure to the most overvalued mega-stocks. Facebook is not similar to Berkshire Hathaway. An investor needs to decide if that last bit of extra reward, is worth all of its extra risk. Written by a veteran of the 2000 Large Cap Crash of overvalued computer stocks. A Callan Per...
by heyyou
Sat Feb 09, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: What does financial peace look like to YOU?
Replies: 64
Views: 5642

Re: What does financial peace look like to YOU?

Those early savings are the ones that grow the most, so the priority would be paying off high rate debt first, while maxing annual retirement saving accounts, then paying extra on the mortgage. There is some financial security at that point, but perhaps not peace. With 13.5 years of retirement exper...
by heyyou
Sat Feb 09, 2019 4:15 pm
Forum: Investing - Theory, News & General
Topic: The Origins of Greed and Fear: Morgan Housel
Replies: 5
Views: 860

Re: The Origins of Greed and Fear: Morgan Housel

A major part of successful investing is "know thy self" and Housel's article does help with that, even if his one example is over the top. Not all of us fell that far before our enlightenment. I consider the latter part as the author adding a more exciting ending.
by heyyou
Sat Feb 09, 2019 3:58 pm
Forum: Personal Investments
Topic: Is the VPAS Service worth the 0.30%?
Replies: 32
Views: 2278

Re: Is the VPAS Service worth the 0.30%?

Prior to VG's PAS, prospective Bogleheads bought several books from different esteemed authors to get general investing advice. The messages were helpfully repetitive but each reader might find an author whose writing style better suited him/her. Yes, use PAS for a few years, while you learn more. T...
by heyyou
Fri Feb 08, 2019 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: "Living comfortably in retirement"
Replies: 71
Views: 8791

Re: "Living comfortably in retirement"

No worries, and no hurries.
by heyyou
Fri Feb 08, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: Visiting Hawaii- Big Island - 8 days
Replies: 22
Views: 1449

Re: Visiting Hawaii- Big Island - 8 days

Hiking the Pololulu Valley trail -- easy but spectacular Yes, it is. The Pololu hike is one where you stumble often on the short, steep trail since you are constantly looking out at the scenery. Pick up a used hiking stick from beside the trail, and return it on the way out. https://www.lovebigisla...
by heyyou
Mon Feb 04, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: SW USA vacation spots w/teens (Las Vegas->Grand Canyon->Scottsdale)
Replies: 26
Views: 1260

Re: SW USA vacation spots w/teens (Grand Canyon, Santa Fe, ???)

In Tucson, spend a day at the Sonoran Desert Museum with its zoo. Do attend the scheduled hawk show where the tamed hawks fly in to eat shredded raw meat from the gloved hand of the trainer, a dozen feet from where you are standing. You can even feel the air movement from their wings, as the trainer...
by heyyou
Mon Feb 04, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: No Pain, No Premium
Replies: 12
Views: 1565

Re: No Pain, No Premium

A very good read with salient points while many of the technical details were over my head.
by heyyou
Mon Feb 04, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 302
Views: 21327

Re: Larry Swedroe: 3% is the new 4%

3% is the new 4% Who cares? Newer withdrawal methods have all addressed each of the shortcomings of Bengen's SWR. Yes, the future is still uncertain, so Larry's forecast may well be accurate, but more modern spending methods will adjust to what would fail when strictly using only Bengen's strategy....
by heyyou
Mon Feb 04, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Please critique my plan for early retirement
Replies: 42
Views: 4955

Re: Please critique my plan for early retirement

@ OP You have substantial savings and time, so just do it. When you get bored, you could return to school in that community to get a master's degree in some unrelated field that does appeal to you, or get a job (even a part time one) in your new community where your background, maturity, and your in...
by heyyou
Fri Feb 01, 2019 6:03 pm
Forum: Investing - Theory, News & General
Topic: The "never sell" method for staying the course
Replies: 28
Views: 3356

Re: The "never sell" method for staying the course

Either method will work. Calculations can be done now with numerous assumptions which the stock market will ignore in the future. You are wise to understand your own emotions and to avoid steadily striving to find whatever looks best. The media are paid to attract eyeballs so they do present a flow ...
by heyyou
Fri Feb 01, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3670

Re: Worst December...Best January

Due to my attributes, it was better to just ignore relative market levels, regardless of up or down. That took my emotions out of my investing.
by heyyou
Fri Feb 01, 2019 5:32 pm
Forum: Personal Investments
Topic: Am I supposed to keep dumping any excess money in an index fund and thats it?
Replies: 39
Views: 4334

Re: Am I supposed to keep dumping any excess money in an index fund and thats it?

You are acting like a Boglehead! :happy You are not like your peers. You will miss out on all of the grief and stress from lack of money, that your spendthrift coworkers will experience. You will retire early if you choose, and they won't. Stay quiet at work about how your portfolio is growing, whil...
by heyyou
Fri Feb 01, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Protect Against Longevity Tail Risk with Annuities
Replies: 64
Views: 4446

Re: Protect Against Longevity Tail Risk with Annuities

To buffer inflation, consider a multi-prong approach, each of which has imperfections (welcome to financial risks): delaying SS to age 70, and if you don't live past the recovery age, you no longer need any money home ownership to keep living expenses down until you do need to move to a care facilit...
by heyyou
Thu Jan 31, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 145
Views: 8131

Re: Were you 100% debt free at retirement

Debt free was the initial condition for us starting to look for a retirement date.
by heyyou
Wed Jan 30, 2019 12:33 pm
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 104
Views: 5946

Re: What did you learn from 2018 in the markets?

about the value of that information for the majority investors because it could definitely lead to behavioral mistakes.
Lemmings have trouble with that.
by heyyou
Wed Jan 30, 2019 12:29 pm
Forum: Personal Investments
Topic: Diversification ideas
Replies: 97
Views: 5041

Re: Diversification ideas

Why would experienced readers here, think that merely one definition on a controversial topic, would be readily accepted by most others? Consider how much electricity and 'net time would be saved, if that was ever the case. What is that slogan about a few are seeking answers while most are just seek...
by heyyou
Wed Jan 30, 2019 12:18 am
Forum: Personal Consumer Issues
Topic: Do you do backpacking in your 50s or 60s?
Replies: 51
Views: 3611

Re: Do you do backpacking in your 50s or 60s?

Between ages 57 to 65, I backpacked often in early retirement. Walked all of the 800 mile trans-state Arizona Trail, in week long segments, twice during that period. I'm not as smart as I look.
by heyyou
Tue Jan 29, 2019 11:15 pm
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 104
Views: 5946

Re: What did you learn from 2018 in the markets?

A noticeable stock market drop that had been expected for several years, finally occurred. Might be more to follow, or not. Having a decade of retirement spending in bond funds was comforting, and now I'm a year away from starting SS at age 70, which fits with McClung's suggestion to have some stead...
by heyyou
Tue Jan 29, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 104
Views: 5946

Re: What did you learn from 2018 in the markets?

Nothing new, since volatility is always expected, regardless of its occurrence. The growth of volatility could be considered as something else that compounds over time. Should I welcome the larger fluctuations in my asset amounts, as an indicator of owning more assets?
by heyyou
Tue Jan 29, 2019 8:37 am
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 47
Views: 4741

Re: How will you spend your retirement money?

From 2005 through 2015, in early retirement: doing what I want to do. Low stress. Lots of exercise. Plus volunteer work. From 2016 through 2018, having retired from early retirement and volunteering: by LiterallyIronic ... Sleep in, then surf the Internet for awhile before taking a long shower, and ...
by heyyou
Mon Jan 28, 2019 9:43 pm
Forum: Personal Consumer Issues
Topic: Logistics help needed with Grand Canyon trip
Replies: 25
Views: 1223

Re: Logistics help needed with Grand Canyon trip

Check with Greyhound and with the Las Vegas tour companies for to-and-from the GC on different days, but that puts time constraints into the days that you are hiking. The extra days on the rental car are far cheaper than any lodging at or near the GC, and the car gives you more flexibility for an ea...
by heyyou
Mon Jan 28, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7060

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

What Percentage of Your Pre-Retirement Income are You Projecting You Will Need? We worked until my pension credits equaled our spending. That spending was easy to see, gross income (not the IRS's Adjusted Gross Income (AGI)) minus taxes and annual savings shown on December's end of year savings acc...
by heyyou
Sat Jan 26, 2019 9:43 pm
Forum: Personal Investments
Topic: Reduce Tax exposure when RMD's kick in
Replies: 22
Views: 2445

Re: Reduce Tax exposure when RMD's kick in

My tax guy that became a financial advisor, retired at 50 from his expensive advice for his clients. The commission on selling annuities is lucrative, but may not be best for you two in the long run. Consider delaying the purchase of the annuity for a few years. Meanwhile, to get a second opinion, f...
by heyyou
Sat Jan 26, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: small town
Replies: 47
Views: 3874

Re: small town

To move your accounts, you open an empty one of each type of account at VG, if you do not already have one of each, informing VG where the assets are now, then VG pulls your assets from there. Yes, the high cost brokers will call you when they see those requests, but they cannot stop the fund transf...
by heyyou
Fri Jan 25, 2019 12:57 pm
Forum: Personal Investments
Topic: Thoughts on this for retirees?
Replies: 9
Views: 907

Re: Thoughts on this for retirees?

Not suitable for retirees due to higher costs and similar other risks, some obvious, some well hidden, as mentioned by others. Offering no losses but participating in stock market gains is bait for those who are hungry for stock market gains without taking the risks of losses. Somewhere in the fine ...
by heyyou
Fri Jan 25, 2019 1:07 am
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 8740

Re: No Children, what will your legacy be?

Retirement, with the time to volunteer, opened new horizons for me. Wishing you the same, so you might see where you want your estate to go.
by heyyou
Fri Jan 25, 2019 12:46 am
Forum: Investing - Theory, News & General
Topic: Another frugality/contentment post from Morgan Housel
Replies: 28
Views: 2424

Re: Another frugality/contentment post from Morgan Housel

Having enough to no longer need job income is the marker, regardless of your specific numbers. Living below your means pays twice. First there are the savings generated, then 25x your frugal spending is a smaller number, more easily reached. The best years of my life were in early retirement. A watc...
by heyyou
Tue Jan 22, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3696

Re: Your Retirement W/D method and why?

I like reading about spending percentages but haven't ever pushed our spending to a limit, just guidelines due to the decade long bull market. My most attractive one, mentioned above by another, is applying the annual RMD % to the entire portfolio, a simple method that includes small annual increase...
by heyyou
Tue Jan 22, 2019 12:19 am
Forum: Investing - Theory, News & General
Topic: The Value "Premium" has been ZERO for 30 years
Replies: 198
Views: 15353

Re: The Value "Premium" has been ZERO for 30 years

Tilting away from the Large Growth emphasis of TSM suits me. Thank you to those who think otherwise. They are encouraged to allocate to what suits them, but thinking what suits yourself will be perfect for all other investors, shall we say, needs more consideration.
by heyyou
Fri Jan 18, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 95
Views: 7537

Re: When would you stop being a Boglehead?

All index, but slice and dice, and not at VG, so I'm not sure that I have ever been in the club.
by heyyou
Fri Jan 18, 2019 11:50 am
Forum: Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1659

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

Those missing gains are precisely the reason that stocks outperform bonds and cash BECAUSE OF THEIR INTRINSIC RISKS. Welcome to the risks of owning stocks, not just the better returns that stocks sometimes have. Probably all stock investors eventually have "woulda, coulda, shoulda" stories about the...
by heyyou
Thu Jan 17, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 5875

Re: Any thoughts on the role of Gold in your portfolio?

For those backtesting for optimal returns, have you considered whether the future will be identical to the past, or just somewhat similar? Each depression has some similar numerical traits, but a different trigger than the previous ones. Note the worst period for retirees was high inflation with no ...
by heyyou
Wed Jan 16, 2019 4:15 pm
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16780

Re: Why are your NOT buying rental properties?

Rentals do not suit me for many of the reasons posted above by others, been there and I know better now. Too often, only successful investors are well publicized, including those in RE. Stock index investing is moderately successful for many of us who can see that we do not need to get rich, just to...
by heyyou
Wed Jan 16, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Which Type of Annuities Did You Choose and Why
Replies: 18
Views: 1092

Re: Which Type of Annuities Did You Choose and Why

My no-COLA pension is an annuity, as is my delayed SS, both of similar size now. I skipped my pension's partial survivor benefit for its higher current income in early retirement (I was 55, she was 46), but have delayed my SS to age 70, to boost its payout with COLA inflation protection. Our portfol...
by heyyou
Tue Jan 15, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 29
Views: 3614

Re: Further diversifying the 60/40 portfoilio?

The Callan Periodic Table helped me see why diversifying made sense. Below is the website:
https://www.callan.com/periodic-table/
by heyyou
Mon Jan 14, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the 0.1%
Replies: 31
Views: 4387

Re: Asset Allocation of the 0.1%

>> Commodities have a place, the vehicle makes the difference.
With commodities at 3.4%, that may be the remains of previous 10% allocations, kept as reminders of what not to do.