Search found 3237 matches

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: 7375

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: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1615

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: 5747

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: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 215
Views: 15174

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: 1063

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: 3351

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: 4318

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.
by heyyou
Fri Jan 11, 2019 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 11226

Re: Biggest Investment Mistake

Late 1970s, my new financial advisor offered a limited partnership (LP) in real estate. A four figure investment paid 50% in 18 months. I then invested the profit and my fresh inheritance in a similar but 10x larger, mid-five figure LP, that eventually failed. I lost all of the $$, and owed back tax...
by heyyou
Thu Jan 10, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Cleaning Car Battery Terminals
Replies: 26
Views: 1552

Re: Cleaning Car Battery Terminals

In retirement, I can spend a little time cleaning the terminals to avoid the extra cost of an AGM battery.
My first job away from home was at a "full service gas station" without a convenience store. I can explain what that was, to the younger BHs.
by heyyou
Thu Jan 10, 2019 2:09 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13931

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

Max annual pay ever, $67K in 2003. My market portfolio (excludes residence) reached double commas at age 56, prior to the 2008 crash. Portfolio topped at 1.3 thousand thousand last year, after a dozen years of retirement, but my $40.8K of no COLA pension helps with retirement expenses. Made my greed...
by heyyou
Wed Jan 09, 2019 12:03 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Does The Bucket Approach Destroy Wealth?
Replies: 56
Views: 5799

Re: Larry Swedroe: Does The Bucket Approach Destroy Wealth?

Is there a fixed percentage of portfolio method with bands to reduce the annual volatility?
by heyyou
Tue Jan 08, 2019 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: How Much to Invest in 401K vs IRA
Replies: 18
Views: 1054

Re: How Much to Invest in 401K vs IRA

The amount saved is the highest priority. David Bach wrote about automatic saving by using payroll deductions so the worker would never see the saved money on his/her take-home paycheck or in the checking account. That makes the 401k the easier one, but your bank/credit union will probably do automa...
by heyyou
Tue Jan 08, 2019 10:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: The quest is the quest – the emotional letdown of winning the game.
Replies: 24
Views: 2457

Re: The quest is the quest – the emotional letdown of winning the game.

I retired early when the number was reached, and I'm still glad about that every day.
by heyyou
Tue Jan 08, 2019 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: How Much to Invest in 401K vs IRA
Replies: 18
Views: 1054

Re: How Much to Invest in 401K vs IRA

My 401k had better choices, but maxing both the 401k and the annual IRA worked well for early retirement.
by heyyou
Tue Jan 08, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 4918

Re: Social Security question hindsight

So far, delayed gratification has paid so well when investing, I'm delaying SS to age 70, 15 month from now. I've avoided making assumptions about taxes and returns, since I just expect to adapt our spending to our portfolio size. Striving to always find whatever is optimal, is a type of greed and s...
by heyyou
Mon Jan 07, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: A Test of Warren Buffett's 90:10 Retirement Portfolio
Replies: 33
Views: 4068

Re: A Test of Warren Buffett's 90:10 Retirement Portfolio

His BRK stock is going to the Gates Foundation. His cash (IIRC $200 million) is going to his widow. Yes, she can live on the dividends from $180 million in a S&P 500 fund, or spend from the $20 million in Treasury bonds, or both since she is in her 70s.
Maybe she will post here asking for advice.
by heyyou
Mon Jan 07, 2019 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation in multiple accounts for retirees
Replies: 21
Views: 1368

Re: Asset allocation in multiple accounts for retirees

I agree with those who consider the tax aspects of account location, i.e. storing bond funds mostly in traditional IRAs (tIRAs) to reduce the future growth and taxes on RMDs when there is only one surviving spouse who is then paying taxes as a single person who has only half of the deductions that a...
by heyyou
Sun Jan 06, 2019 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Handcuffs?
Replies: 51
Views: 4347

Re: Pension Handcuffs?

Some of that pension increase is due to the reduced longevity of the prospective retiree. I stayed until the earliest date to get the retiree healthcare benefit, and by then, our spending was within the no-COLA pension amount. To delay SS to age 70, we spent a little from the portfolio, but the bull...
by heyyou
Sun Jan 06, 2019 11:14 pm
Forum: Investing - Theory, News & General
Topic: For those retired a few years
Replies: 58
Views: 4768

Re: For those retired a few years

For us, it was easier to spend less since we were so happy to stay home from our former jobs. We had a new little retirement home freshly built on an undeveloped rural property in a recreation area, so we were doing day trips to where we had spent weekends in the past, plus new gardening and light l...
by heyyou
Sun Jan 06, 2019 11:05 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5972

Re: How do you view a savings surplus in retirement?

A surplus at the end of a 10 year bull market may be somewhat ephemeral. Yes, history does show that the portfolio will still last for 30 years, but with a highly variable amount left over.
by heyyou
Sun Jan 06, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5972

Re: How do you view a savings surplus in retirement?

While starting with the same asset amount, take a look at the dispersion of the remaining asset levels of Bengen's 4% SWR retirees. Some finished 30 years with several multiples of their starting balances, while his 1966 & 1968 retirees failed, but still within his 95% confidence level. Their portfo...
by heyyou
Sun Jan 06, 2019 12:43 am
Forum: Investing - Theory, News & General
Topic: A cursory look at valuations
Replies: 19
Views: 1607

Re: A cursory look at valuations

by 2015 » Yea, I used to read this before I stopped reading all noise from everywhere as I all short term noise as not actionable unless I was out to lose money sooner or later. The same here. Valuations are just sophisticated forecasting and I've done better by just expecting to modify my spending...
by heyyou
Sat Jan 05, 2019 4:18 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 15578

Re: If riskier than US, why doesn't international outperform?

If riskier than US, why doesn't international outperform?
I know that I don't know. Seems like there is always another unexpected risk.
by heyyou
Sat Jan 05, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Index Funds - 'Herding' Behavior?
Replies: 20
Views: 2277

Re: Index Funds - 'Herding' Behavior?

A portion of my usual quote of Churchill, " ...is a terrible way to run a ..., it is only better than all of the others that we have tried."
by heyyou
Sat Jan 05, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - Roth Conversions, Tax Gain Harvest, or Other?
Replies: 11
Views: 555

Re: Early Retirement - Roth Conversions, Tax Gain Harvest, or Other?

Asset location matters both now, and later with the compounding. You will likely live as long in retirement as you spent accumulating assets. In retirement, your former 401k and traditional IRAs (tIRA) can store any bond holdings to reduce their future growth/future taxes, while any Roth IRA (RIRA) ...
by heyyou
Fri Jan 04, 2019 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5281

Re: Ever wonder if you are saving Too Much?

We saved until we retired at 55. With her current health problems, we are very glad for the time together since then.
by heyyou
Fri Jan 04, 2019 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Two years from retirement - what's more important?
Replies: 57
Views: 2597

Re: Two years from retirement - what's more important?

@ the original post My single worst investment was based on my thinking that what worked last time with a small amount of money, would repeat when I invested a much larger amount. (2) Risks are intrinsic, not something that can be avoided completely, including stock market risk, gov't policy risk, p...
by heyyou
Thu Jan 03, 2019 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2624

Re: Advice on alt funds and allocations

Expecting market fluctuations to continue in my retirement, we try to limit our necessary expenses to fit within the fluctuations of our portfolio value, by spending a fixed percentage of each recent annual value. That boosts portfolio longevity. From reading Mr. Swedroe's books, I chose an advisor ...
by heyyou
Thu Jan 03, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: The Future of Investing & And where the market is going
Replies: 32
Views: 3139

Re: The Future of Investing & And where the market is going

Taleb was right once, then started a hedge fund with the same strategy to short the market, but the market failed to fall before the investors wandered away from their $ sinkhole. He then had the time to write a sequel.
by heyyou
Thu Jan 03, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4221

Re: What do you think of this advice?

There was a study I read of a while back which looked at the retail investors with the best results. They tended to be literally dead. Last time that I posted that, someone claimed that it had been refuted as urban legend. I think that I attributed it to Fidelity fund company who would find it offe...
by heyyou
Thu Jan 03, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: 20-Year Backtest Challenge
Replies: 33
Views: 1284

Re: 20-Year Backtest Challenge

Some of the specs promote specific time dependent funds, so not usable future allocations. That skews the results from useful to just novelties.
Yes, the first bah humbug post of the new year.
by heyyou
Wed Jan 02, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: The big Value Trap year of 2018
Replies: 35
Views: 3621

Re: The big Value Trap year of 2018

by Call_Me_Op
Of course, what happens over 1 year is really of little importance to the long-term investor.
Well said.
by heyyou
Wed Jan 02, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: Any reason for optimism?
Replies: 81
Views: 3064

Re: Any reason for optimism?

Any reason for optimism? Yes. My meds keep me from caring about market activity. My accounts have grown during my first decade of retirement in spite of the withdrawals, which seems to be a good indicator for lack of sequence risk. A decade could be the appropriate amount of time for measuring pers...
by heyyou
Wed Jan 02, 2019 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: lump sum dump vs monthly investment
Replies: 10
Views: 547

Re: lump sum dump vs monthly investment

From now until the end of your life, you will have done so much of both, this one time won't matter, nor will the next time. Investing early and often, is good general advice.
by heyyou
Wed Jan 02, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: The Future of Investing & And where the market is going
Replies: 32
Views: 3139

Re: The Future of Investing & And where the market is going

I have had some Emerging Markets exposure for a long time, including the period when they were nicknamed "Submerging Markets." The lesson was the lure of higher returns, also includes more risk. Getting average returns from above average saving was my successful path to early retirement.
by heyyou
Wed Jan 02, 2019 12:33 am
Forum: Investing - Help with Personal Investments
Topic: How should I (or should I) get out of my DFA portfoilo
Replies: 7
Views: 592

Re: How should I (or should I) get out of my DFA portfoilo

Less cap gains if you just use the new, non-DFA portfolio to rebalance the current portfolio.
by heyyou
Wed Jan 02, 2019 12:32 am
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 55
Views: 6543

Re: Other Portfolios that aren't 3 fund

Trev H's suggestion was:viewtopic.php?t=38374
VG funds: domestic Large Blend and Small Value, foreign Large Value (not an index fund) and Small Blend
by heyyou
Tue Jan 01, 2019 11:56 pm
Forum: Investing - Theory, News & General
Topic: CNN Headline: The Dow finishes off its worst December since the Great Depression
Replies: 15
Views: 2651

Re: CNN Headline: The Dow finishes off its worst December since the Great Depression

I apologize for inadvertently posting a provocative sentence. As mentioned, the return for any particular month, or a losing year or two at the end of a good decade, just don't matter to me. With 13 years of easily living within our means in retirement, we think we will be just fine for the next cou...
by heyyou
Tue Jan 01, 2019 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Buying More Paper Assets or Rental Properties
Replies: 15
Views: 1300

Re: Buying More Paper Assets or Rental Properties

Rental property is a part time job with an often inconvenient schedule, said the former rental property owner.
by heyyou
Tue Jan 01, 2019 1:28 am
Forum: Investing - Theory, News & General
Topic: CNN Headline: The Dow finishes off its worst December since the Great Depression
Replies: 15
Views: 2651

Re: CNN Headline: The Dow finishes off its worst December since the Great Depression

CNN needs to have new headlines every day, as do all of the media. I salute their creativity but not their sensationalism. At my age, a bad month is immaterial. I think I saw that the Dow had lost a couple of years of gains, after a decade of gaining. That still suits me just fine.
by heyyou
Tue Jan 01, 2019 1:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6432

Re: Vanguard personal advisor service (PAS) for high net worth?

I use a cookie cutter advisor service whose flat fee is less than VG's PAS percentage fee for my almost modest asset amount. I've had the same advisor there for 13 years. She is a CFP and offers to adjust my stock/bond ratio at any time. I need someone standing between my impulsiveness and my assets...
by heyyou
Tue Jan 01, 2019 1:08 am
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 55
Views: 6543

Re: Other Portfolios that aren't 3 fund

Mine is a 10x10 slice and dice portfolio, but "they" still let me post here.
by heyyou
Tue Jan 01, 2019 1:05 am
Forum: Investing - Theory, News & General
Topic: What are some critiques of passive investing/index funds?
Replies: 75
Views: 5693

Re: What are some critiques of passive investing/index funds?

My opinion is that greed will always be common enough to sustain adequate pricing in the stock market. Yes, indexers buy and sell infrequently, but there will always be adequate price setters. Consider how often retirees need to sell shares to fund their retirement expenses. They are not price sette...
by heyyou
Tue Jan 01, 2019 12:54 am
Forum: Investing - Help with Personal Investments
Topic: What is the expected real return of S&P 500 for the next 30 years?
Replies: 51
Views: 4322

Re: What is the expected real return of S&P 500 for the next 30 years?

What is the expected real return of S&P 500 for the next 30 years? The OP can retire when he/she can afford to retire. Save all you can until you get the result that is acceptable to you. That intrinsic uncertainty is why stock funds pay more than bond funds, with emphasis on uncertainty. Well said...
by heyyou
Mon Dec 31, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 6881

Re: What have you learned this year

Financial: Been retired long enough to become comfortable with our spending, so this stock downturn has no stress for us. SS starts in 2020, plus the current no-COLA pension, together will cover all of our necessary spending. Staying at the job with the pension was not good long ago, but is okay now...
by heyyou
Mon Dec 31, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: What are some critiques of passive investing/index funds?
Replies: 75
Views: 5693

Re: What are some critiques of passive investing/index funds?

Winston Churchill, “Democracy is the worst form of government, except for all the others.” The same could be said about passive investing. Accepting average returns for decades is not the lesson from highly publicized sporting events. The results of passive investing are too slow to be attractive to...
by heyyou
Fri Dec 28, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9309

Re: What common everyday inconvenience have you intentionally suffered for frugality?

by Jack FFR1846 » Wed Dec 26, 2018 9:22 pm I cut, split, stack, haul and burn firewood to greatly reduce oil used to heat during the winter. It's barely into the cold season and I've gone through at least a cord so far. This isn't the "pretty" fireplace wood for show......the forced air wood furnac...
by heyyou
Fri Dec 28, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 111
Views: 7295

Re: Annuities objectively considered

Using the progressive RMD % on the entire portfolio value is another way to self-annuitize your assets in retirement. One could say that BHs (Bogleheads) frown on high cost annuities precisely due to the added fees, not due to the annuity concept. Still waiting for the legalities to change for Vangu...
by heyyou
Fri Dec 28, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: Social security deferral and COLA's
Replies: 17
Views: 1353

Re: Social security deferral and COLA's

Seems to me, the inflation would be compounded for the 4 years from 66 to 70, but 3-4% of 3-4% added each year is not going to be much when compared to the 8% flat rate increase for each year (32% boost from delaying). From a marketing aspect, getting a little bit more than the expected 32%, would k...