Search found 2988 matches

by heyyou
Mon Jun 18, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 56
Views: 3984

Re: how to make friends in new location?

In retirement, volunteering was an good filter to meet like minded people who are less self-centered than average. I would avoid some supposedly service organizations that are more for business people to meet other potential customers.
by heyyou
Mon Jun 18, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Bill Bernstein's 8:4:5:3 ratio
Replies: 21
Views: 2410

Re: Bill Bernstein's 8:4:5:3 ratio

$1374 difference over fifteen years. 52 weeks times 15 years = 780 $1374/780 = $1.75 per week difference without the compounding Someone want to show what the weekly difference is with compounding? Just my opinion, but emphasis on the range of good enough could be better advice than the constant see...
by heyyou
Sat Jun 16, 2018 10:01 pm
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 57
Views: 4176

Re: What are your hobbies?

(1) Helping Dear Wife with whatever she tells me to do, but that is okay since she is a better tightwad than I am. Everything else: Leisure Napping in a recliner Reading a book cover to cover in one day. Didn't know that was possible, prior to retirement. Exercise Helping others, just because I can,...
by heyyou
Sat Jun 16, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 66
Views: 8890

Re: The Psychology of Money - A Blog Post

it will select for the worst kind of potential life partner to attempt to start a relationship with you!
+1
by heyyou
Sat Jun 16, 2018 1:20 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 141
Views: 9316

Re: Which boglehead rule do you break--and are ok with

Which boglehead rule do you break--and are ok with
Don't know and don't care. I just do what suits me.
Others are welcome to do whatever suits them.

from the internet
Dogma: a principle or set of principles laid down by an authority as incontrovertibly true.
by heyyou
Fri Jun 15, 2018 2:20 am
Forum: Investing - Help with Personal Investments
Topic: Small Cap. DFSVX. and DFSCX. (DFA Company)
Replies: 4
Views: 420

Re: Small Cap. DFSVX. and DFSCX. (DFA Company)

You can see the size and value components of any combination of funds in a Morningstar Xray 3x3 grid. Put the whole portfolio into the Xray analyzer, note the numbers, then subtract the two DFA funds. Also run the Xray of the combo of the two DFA funds. Add back various quantities of funds that are ...
by heyyou
Thu Jun 14, 2018 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma: Roth conversions vs. Taxable cap gains from Rebalancing
Replies: 2
Views: 252

Dilemma: Roth conversions vs. Taxable cap gains from Rebalancing

At age 68, two more Roth conversions look like very good long term investments. Rebalancing soon in the taxable account is both risk and return reduction (fewer shares owned) and with tax costs. Won't the stock market rebalance the equity to bond ratio sometime? With Social Security and RMDs startin...
by heyyou
Tue Jun 12, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: ~1 year from FIRE - Tax diversification strategy?
Replies: 24
Views: 2685

Re: ~1 year from FIRE - Tax diversification strategy?

Edited to add: It is RMD % plus annual dividends and interest, but not cap gains. Per the OP's request, below is the link to the brief that suggests using the RMD % as the retirement withdrawal rate on the entire portfolio. Be aware that the table showing the percentages is on page 7, in the Appendi...
by heyyou
Mon Jun 11, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5171

Re: Strategy for a prolonged bear market

There may be a plan for the future, but that is beyond my control. This is what we are doing: Already living in a Low Cost area Future variable withdrawals based on each recent annual portfolio value Spend only from bonds until they run out, or until equities grow to rebalancing point, per Michael H...
by heyyou
Mon Jun 11, 2018 4:04 pm
Forum: Investing - Theory, News & General
Topic: AlphaArchitect - Commodities for the Long Run
Replies: 10
Views: 744

Re: AlphaArchitect - Commodities for the Long Run

Is anyone without commodities exposure, doing without in retirement, due only to that lack of exposure? My point is about accepting good enough, instead of greedily striving for that elusive optimal. My portfolio is just a few percent smaller due to choosing the wrong decade to put 10% into a well k...
by heyyou
Mon Jun 11, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Balancing the Burden and the Benefit of Wealth
Replies: 11
Views: 1483

Re: Balancing the Burden and the Benefit of Wealth

I bought my freedom from having to participate in paid work. I now do whatever pleases me. Others are welcome to do what suits them.
by heyyou
Mon Jun 11, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Multi-Asset vs. Simple Portfolio, 1970-2017
Replies: 37
Views: 3008

Re: Multi-Asset vs. Simple Portfolio, 1970-2017

With respect to those on both sides, either allocation will be just fine if the worker is good at saving. Living within your means carries into and through retirement, so you won't know what you missed if one allocation outperforms the other one for some limited period. Both of them will take turns ...
by heyyou
Mon Jun 11, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: ~1 year from FIRE - Tax diversification strategy?
Replies: 24
Views: 2685

Re: ~1 year from FIRE - Tax diversification strategy?

You have the right strategy. Consider just feeling grateful for whatever you do get converted into the Roth IRA (RIRA), instead of hoping for 100% conversion then feeling like you failed at age 70 if you are not finished. RMDs do start out low, and you can just save any income that you don't need to...
by heyyou
Sat Jun 09, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11083

Re: Are you including SS in your planning model? Are the benefits really that high?

I just wanted to save enough to retire early, and did, so maximum SS was too far away to matter.
Now I could buy a bright red convertible car to look like a silly geezer. Maybe the car is not necessary?
by heyyou
Sat Jun 09, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: When I thought I was smarter than the market
Replies: 22
Views: 3690

Re: When I thought I was smarter than the market

Been there but did lose all my principal, so I changed to the indexing principle. That worked well enough to retire at 55. Consider where we would be without Jack Bogle, we would all be still working.
by heyyou
Sat Jun 09, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: REIT Index funds and high P/E ratios. Better to cherry pick than hold the index?
Replies: 8
Views: 741

Re: REIT Index funds and high P/E ratios. Better to cherry pick than hold the index?

Very well said by Valuethinker Btw you will often find that "cheap" REITs are cheap for very good reasons-- high financial gearing (leverage) or in unfavourable, higher risk sectors (retail!). Don't assume that you have spotted something that all those clever analysts and fund managers out there hav...
by heyyou
Thu Jun 07, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 8824

Re: Indexing will fail investors in next decade

As clickbait, that is a very successful article due to its cleverly worded hook of a title. Far too often, fear mongering is used as a tool by those who need your attention to advance their agendas. Some are delusional enough to believe their own hype. What year was the "Death of Equities" magazine ...
by heyyou
Wed Jun 06, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: FOMO (Fear Of Missing Out) and your portfolio?
Replies: 23
Views: 2295

Re: FOMO (Fear Of Missing Out) and your portfolio?

How someone else judges the complexity of my portfolio, is of no importance since my portfolio suits me. Wishing others that they find whatever suits them, regardless of my opinion of theirs.
by heyyou
Wed Jun 06, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 48
Views: 4420

Re: Larry Swedroe: What If Your Plan Fails?

When preaching to the choir, repeating a sermon is noticed, as is scare tactics for those who are already attending the services, whereas those tactics would be more suitable for non-believers. The concept of choosing a steady spending plan then rigidly following it for the next 30 consecutive years...
by heyyou
Tue Jun 05, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: How should I hang a hammock on vinyl sided exterior wall?
Replies: 11
Views: 781

Re: How should I hang a hammock on vinyl sided exterior wall?

by DaftInvestor » Tue Jun 05, 2018 12:24 pm We solved this problem by buying a Hammock Stand from llBean. Now I can move it to where-ever in the yard by SimonJester » Tue Jun 05, 2018 12:41 pm If this is a town house do you own the exterior walls? if not you cannot and should not install anything i...
by heyyou
Thu May 31, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: What diversification am I getting?
Replies: 13
Views: 1204

Re: What diversification am I getting?

Most Japanese who did not hold any foreign stocks, believed that their economy would recover fairly soon from a crash, until it didn't for the first time. See how risk can change from its known historical record? That is why Americans own foreign stocks, 'cause we just don't know what can happen. In...
by heyyou
Thu May 31, 2018 1:56 am
Forum: Investing - Help with Personal Investments
Topic: 15% rate of return in last 15 years can I expect the same in next 16 years
Replies: 39
Views: 4054

Re: 15% rate of return in last 15 years can I expect the same in next 16 years

Shiller, of CAPE10 fame, has written that over long periods, those with good returns during their work years, should expect lower returns during their retirement years, and vice versa. I expect to just get what we get, and to adapt as we go along. At retirement, we had thirty years of experience at ...
by heyyou
Thu May 31, 2018 1:41 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11548

Re: To be or not to be complex, that is the question

My preference is to have somewhat less exposure to the public popularity contest of those Large Growth stocks found in Large Blend and total market funds. Others are welcome to do whatever suits them. From the internet: Confirmation bias is the tendency to search for, interpret, favor, and recall in...
by heyyou
Thu May 31, 2018 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Taking a pension to invest in stocks
Replies: 47
Views: 2588

Re: Taking a pension to invest in stocks

From 1966 to 1982, the stock market was flat relative to inflation, so it looked okay in nominal terms, but the investors did not gain any from owning the shares. Does the friend know that buying fresh shares for that long of a period, could have no gain, before the big returns after that period? Sh...
by heyyou
Thu May 31, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 3689

Re: Best use for a $2k raise for a middle-income teacher

Since you are already doing so many of the right things--saving, living within your means, and living with a sense of gratitude for what you do have, the money will be there for you later. Saving for thirty years does build wealth relative to your current level of spending. Yes, do spend the first p...
by heyyou
Wed May 30, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1488

Re: Seeking Alpha pro membership, your thoughts

Do you think whether you subscribe or not, will have any affect on when you retire, or is it more of an cost of entertainment question? Will striving for more info about investing, produce more returns than just trying to save a little extra, more often? Someone is monetizing the Seeking Alpha site....
by heyyou
Mon May 28, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Scarcity Mindset
Replies: 14
Views: 2681

Re: Scarcity Mindset

As usual in life, no good deed goes unpunished. Consider describing yourself as a money manager, without mentioning that you, are your only client. Can you resolve to only spend from portfolio income, keeping the corpus of current shares intact? Yes, you do have to learn how to think like a retiree ...
by heyyou
Mon May 28, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Index fund investing requires active management
Replies: 10
Views: 2202

Re: Index fund investing requires active management

Booth, one of the two co-founders of DFA, donated $300 million to his alma mater, so they put his name on the business school there. DFA is a for-profit business, not structured like VG. When Bill Gross abruptly left PIMCO, he would have been eligible for a $250 million bonus later in the year, but ...
by heyyou
Mon May 28, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 3884

Re: When and how often do you rebalance

Who knows? Who cares? With my slice and dice portfolio, seldom does anything get too far from target. As mentioned by Bertilak, I too am comfortable with the span of variations from a 50/50 allocation, and prefer to spend my extra space in my tax bracket on Roth conversions instead of taxes on cap-g...
by heyyou
Mon May 28, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Can anyone recommend Any Social Responsible fund/s?
Replies: 17
Views: 1290

Re: Can anyone recommend Any Social Responsible fund/s?

Just My Opinion (JMO), invest as others do, then direct your donations to organizations where they will do the most good and be a customer of the businesses that are considered to be socially responsible. Yes, there is a truck sized gap there, but by taking care of your and your family in a responsi...
by heyyou
Sun May 27, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Strengths/Weaknesses of Market Cap and Value Strategies
Replies: 21
Views: 2145

Re: Strengths/Weaknesses of Market Cap and Value Strategies

Ticker VOO (S&P 500) is actually beating ticker RSP (S&P 500 equal weight) for the last 5 years for example. That is from the largest of the Large Growth stocks to which I prefer to have less, but not zero, exposure, ever since the year 2000 Crash of those oversized overgrown Large Caps. Again, the...
by heyyou
Sun May 27, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing for the 12% bracket in early retirement
Replies: 17
Views: 2899

Re: Optimizing for the 12% bracket in early retirement

On converting from your tIRA to your Roth IRA (RIRA), do look at the effective tax rate (the average rate for the entire conversion) and not just the marginal rate on the last few converted shares. Someone wrote to not let the tax tail wag the dog, and I agree. In my low cost of living area, I may h...
by heyyou
Sat May 26, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Strengths/Weaknesses of Market Cap and Value Strategies
Replies: 21
Views: 2145

Re: Strengths/Weaknesses of Market Cap and Value Strategies

Either one could do well enough if you stay with it long enough. A mixture is better for me with my mixed set of behavioral finance biases, and that has done well for the last 40 years. Your goal could be, not whatever will do the best which will always be unknown, but whatever suits you the best no...
by heyyou
Sat May 26, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8243

Re: Is inflation the greatest risk to retirement portfolios?

It was a collateralized commodities fund (CCF) fund but I didn't do all of the adjustment gymnastics to the rest of the portfolio as suggested by the guru. I can now see that just being patient (expecting to have to wait for the recovery) is better than trying to avoid whatever I fear the most. BTW,...
by heyyou
Sat May 26, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4370

Re: I'm an indexer... but...

OP, take 10% of your stock portfolio and buy whatever fund or funds, you want. Write down your justifications for doing so, and keep that for future reference. Maybe you will outperform your index funds over the next three decades, but probably not. At 10% of only your stock portfolio, you also will...
by heyyou
Sat May 26, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8243

Re: Is inflation the greatest risk to retirement portfolios?

For many retired Bogleheads, their spending is not fixed at the maximum safe historical rate so they can cut back when it seems prudent to do so. As with life prior to retirement, new retirees could expect to need to adapt to changes as they occur in retirement. Certainty is still hard to find, thes...
by heyyou
Sat May 26, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: Rowing machine
Replies: 32
Views: 2515

Re: Rowing machine

My rowing apparatus is mobile, it floats on water. :)
by heyyou
Fri May 25, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8243

Re: Is inflation the greatest risk to retirement portfolios?

Basically, the idea is be conservative, not to gamble on the market and not to live beyond our means, so to speak. That is wise for many less favorable situations. Often the next market problem is just enough different, that whatever would have done best last time, does not fit the new conditions. ...
by heyyou
Fri May 25, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Is Precious Metal Equity a better diversifier than emerging market equity for US investors?
Replies: 34
Views: 1999

Re: Is Precious Metal Equity a better diversifier than emerging market equity for US investors?

Is time ever considered, instead of looking for buffers for periods of poor returns? If the investor waits long enough, sometimes a sub-asset class will recover, as seen on a Callan Periodic Table. Perhaps patience is fullness? Also with a slice and dice portfolio instead of a total market fund, I c...
by heyyou
Thu May 24, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: Why do "traditional slice-and-dice" portfolios split 50/50 between value and blend?
Replies: 13
Views: 1010

Re: Why do "traditional slice-and-dice" portfolios split 50/50 between value and blend?

Cap weighted blend funds have plenty of growth exposure. Easier to stay the course if some easily seen slice of your portfolio is doing well. Some of us are just tubs of all of the wrong behavioral finance traits, so we timidly allocate only as far as we dare. Value may well pay more over the long t...
by heyyou
Wed May 23, 2018 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 6061

Re: How do I tell if Roth conversions are worth the trouble?

This is on the extended topic of paying the extra tax. When you withdraw from a brokerage account, the form asks if any of the withdrawal needs to go to withholding taxes. To the IRS, there is a difference between withholding taxes and estimated taxes. The IRS watches to see if you pay your estimate...
by heyyou
Tue May 22, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Fact, Fiction, and the Size Effect
Replies: 84
Views: 6425

Re: Fact, Fiction, and the Size Effect

Thus AQR funds with their deeper insight, will immediately start to outperform all of the other fund companies, since no other fund companies will understand or adapt to this knowledge? So this is a stock picker's market, right? Let me know how that works out, after the next decade. Seems like the m...
by heyyou
Tue May 22, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 51
Views: 5252

Re: Rob Arnott:index Investors Buy High, Sell Low

Yes, perhaps there will always be a theoretical more optimal way, but is anyone complaining that their old-fashioned index funds have not done well enough, that they couldn't afford to retire just due to missing both of those basis points? This would be a pretty slow board if we just accepted what w...
by heyyou
Mon May 21, 2018 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: need advice on books for teenagers
Replies: 8
Views: 833

Re: need advice on books for teenagers

The Wealthy Barber is dated but good, since it shows young adults on a variety of career and job paths, but the saving and investing advice does fit all of them. I wish that a play, based on the book, would be written, then some famous young stars would donate their time to perform it on video, to ...
by heyyou
Mon May 21, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Good read on why to keep a simple indexed fund portfolio
Replies: 11
Views: 2296

Re: Good read on why to keep a simple indexed fund portfolio

As mentioned by others, a good article for attracting non-Bogleheads to index portfolios, but just confirmation for current indexers.
by heyyou
Sat May 19, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: International -- VXUS or slice and dice?
Replies: 14
Views: 1379

Re: International -- VXUS or slice and dice?

This is Trev H's answer about historical slice and dice performance versus just one domestic large blend plus one foreign large blend funds. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=38374 Just read the first couple of pages, the rest is repetitious. In the introduction, he does have EM ...
by heyyou
Sat May 19, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Having trouble figuring out expected expenses in retirement
Replies: 37
Views: 2672

Re: Having trouble figuring out expected expenses in retirement

With no kids at home, our pre-retirement annual expenses were simple to see--we subtracted our annual savings contributions (shown on each account's end of year report) from our annual income, knowing the rest was spent. Taxes are just another expense to us, their only significance is the withholdin...
by heyyou
Fri May 18, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 6278

Re: Neighbor wants to use our land temporarily - let them or not?

Accountability helps everyone involved to stay honest. Would the HOA want to help you make sure the contractor cleans up? Yes, let the contractor use your land after you have his full personal ID and his state roofing license info, and a complete set of (hopefully dated) photos showing the current c...
by heyyou
Fri May 18, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: A Very Unique Inflation Fund
Replies: 11
Views: 1355

Re: A Very Unique Inflation Fund

One problem with future inflation is no one knows the future, the future amount nor the future duration of the period. Over long periods, equities will eventually outgrow inflation but that does not suit those who want an inflation buffer right now. The financial product supply industry is very good...
by heyyou
Sun May 13, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 98
Views: 10515

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

Starting valuations matter when looking at the adequacy of savings at the beginning of retirement. These days, we can see how retirement spending suggestions have progressed from the early days of Peter Lynch's 7% annually from a 100% dividend stock portfolio based on only the previous 20 years, wh...