Search found 1044 matches

by 3funder
Sun Oct 06, 2019 9:08 am
Forum: Personal Investments
Topic: Where to put excess savings?
Replies: 14
Views: 1963

Re: Where to put excess savings?

I would drop everything into a Target Retirement date fund, whose date closely matches your 60th birthday. Putting it all into VTSAX could expose you to Sequence of Returns risk, just when you want to retire. Notice I said 60th birthday, not 65th birthday. You are a freelancer, your income is varia...
by 3funder
Sun Oct 06, 2019 9:02 am
Forum: Investing - Theory, News & General
Topic: Investment Question [What is the difference between growth and value?]
Replies: 8
Views: 497

Re: Investment Question

Brianmcg321 wrote:
Sun Oct 06, 2019 6:55 am
The safest and more conservative would be too do both. Invest in a total market index, and your investing in both growth and value.
+1
by 3funder
Sun Oct 06, 2019 8:48 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces investment strategy -- opinions?
Replies: 48
Views: 3979

Re: Michael Kitces investment strategy -- opinions?

Kitces and Pfau are bright, thoughtful individuals. That said, this strategy isn't my cup of tea. I'm going with the following age-based glide path: 35: 85/15 40: 80/20 45: 75/25 50: 70/30 55: 65:35 60: 60/40 65: 55/45 70: 50/50 Higher bond allocation in 403(b) as I age to offset high stock allocati...
by 3funder
Sun Oct 06, 2019 8:46 am
Forum: Personal Investments
Topic: Teacher received an inheritance, seeking advice
Replies: 28
Views: 3186

Re: Teacher received an inheritance, seeking advice

Welcome! Consider using the $92k inheritance: 1. $19k to pay off the student/auto loans 2. $6k to a spousal Roth IRA for 2019 3. $12k to both Roth IRAs in January 2020 4. $10k each to 529 accounts for 2 children; for the state tax credit/deduction you can carry forward the amount above $4,865 for 4...
by 3funder
Thu Oct 03, 2019 2:59 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 12818

Re: I pulled out... How do I get back in?

I suggest buying back in now with an AA you're actually comfortable with. +1. Also, make sure you allocate some of this to international stocks. US stocks, in my opinion, are mighty expensive. I invest in them, but I dollar-cost-average every two weeks via my 403(b), and I plan on working at least ...
by 3funder
Thu Oct 03, 2019 2:46 pm
Forum: Personal Investments
Topic: Target date retirement fund vs three funds
Replies: 19
Views: 2659

Re: Target date retirement fund vs three funds

I don't know if I will go with total bond and total international, they have not done to well. Growth index seems to be doing well. Would you still recommend going with the those three even when two are doing so poorly? I would not suggest trying to time the market but if you did then you would act...
by 3funder
Thu Oct 03, 2019 10:25 am
Forum: Personal Investments
Topic: 100% Stock too Aggressive in 401k Plan?
Replies: 40
Views: 2262

Re: 100% Stock too Aggressive in 401k Plan?

Keep calm and invest on...100% stocks is perfectly fine at your age and stage. Great job starting early, btw! Starting your investment program at such a young age (assuming it is not comprised mostly of assets that are too safe), is what will very likely set you up for a financially stress-free ret...
by 3funder
Thu Oct 03, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Know when to hold them and when to fold them......
Replies: 148
Views: 12898

Re: Know when to hold them and when to fold them......

Every dog has its day. I have no plans to fold anything in the foreseeable future.
by 3funder
Mon Sep 30, 2019 11:08 am
Forum: Personal Investments
Topic: Advice regarding asset allocation
Replies: 13
Views: 926

Re: Advice regarding asset allocation

I recommend the following:

Total US: 60%
Total International: 40%
by 3funder
Sat Sep 28, 2019 1:08 pm
Forum: Personal Investments
Topic: What to do with extra $20k?
Replies: 11
Views: 1549

Re: What to do with extra $20k?

The best thing to do would be to execute a peer-to-peer electronic transfer to my checking account. 8-) The next best thing to do would be to consider others' responses over mine.
by 3funder
Sat Sep 28, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: Is the Foreign Tax Credit worth it?
Replies: 16
Views: 1921

Re: Is the Foreign Tax Credit worth it?

So it seems like it’s totally a wash, and I shouldn’t worry about which account (taxable, Roth, 401k) I hold the Foreign Funds in? Or is there a subtle aspect of this I’m missing? I think whether you get the FTC or not is way down the list of things to consider when placing funds. Other things are ...
by 3funder
Sat Sep 28, 2019 1:04 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9089

Re: Merrill Lynch Advisor wants to meet for coffee

cheese_breath wrote:
Fri Sep 27, 2019 9:47 pm
3funder wrote:
Fri Sep 27, 2019 8:39 pm
Frank Grimes wrote:
Wed Sep 25, 2019 1:03 pm
Depends on the coffee
+1. Also, leave after you finish your coffee; drink quickly!
Order it to go.
Even better!
by 3funder
Fri Sep 27, 2019 8:39 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9089

Re: Merrill Lynch Advisor wants to meet for coffee

Frank Grimes wrote:
Wed Sep 25, 2019 1:03 pm
Depends on the coffee
+1. Also, leave after you finish your coffee; drink quickly!
by 3funder
Thu Sep 26, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Are Money Market Funds currently at Risk?
Replies: 12
Views: 1506

Re: Are Money Market Funds currently at Risk?

I'm no expert, but I sleep like a baby.
by 3funder
Tue Sep 24, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC or reverse mortgage?
Replies: 22
Views: 1205

Re: HELOC or reverse mortgage?

Neither. Build a substantial emergency fund, if possible.
by 3funder
Tue Sep 24, 2019 9:51 am
Forum: Investing - Theory, News & General
Topic: Non-Correlated Assets
Replies: 4
Views: 385

Re: Non-Correlated Assets

What holds for future returns, at least in theory, holds for future correlations between and among assets. I'm curious: what "theory" do you think supports this conclusion? The theory that future returns might be different. If two assets don't perform the same as they have in the past, the correlat...
by 3funder
Tue Sep 24, 2019 9:44 am
Forum: Personal Investments
Topic: Asset Allocation Question
Replies: 14
Views: 789

Re: Asset Allocation Question

In my opinion, this is better:

50% US Stock Index Fund
25% International Stock Index Fund
25% US Bond Index Fund
by 3funder
Tue Sep 24, 2019 9:39 am
Forum: Investing - Theory, News & General
Topic: Non-Correlated Assets
Replies: 4
Views: 385

Non-Correlated Assets

Given that there is no guarantee that future performance will mirror past performance, why would one assume that real estate, as one of many examples, will continue to function as a non-correlated asset when compared to the US stock market? What holds for future returns, at least in theory, holds fo...
by 3funder
Sun Sep 22, 2019 1:12 pm
Forum: Personal Investments
Topic: Glide path vs Coming In Hot
Replies: 23
Views: 2685

Re: Glide path vs Coming In Hot

Why not try 70/30?
by 3funder
Sat Sep 21, 2019 10:00 am
Forum: Personal Investments
Topic: Roth IRA - Contributing too much too soon? (21 y/o)
Replies: 25
Views: 2103

Re: Roth IRA - Contributing too much too soon? (21 y/o)

Contributing too much, too soon to a Roth IRA, in my opinion, is a great problem to have. I wish you nothing but the greatest problems in your current endeavors 8-).
by 3funder
Sat Sep 21, 2019 9:50 am
Forum: Investing - Theory, News & General
Topic: Spike in Repo Rates [Fed Overnight Repurchase agreement]
Replies: 88
Views: 7173

Re: Spike in the Repo rate: what does it mean?

I read the article. I have little idea as to what it means, and, as usual, I see no reason to change my long-term investment plan.
by 3funder
Wed Sep 11, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 101
Views: 15515

Re: Rich people are hoarding cash

I invest every two weeks and will do so for the next 30 - 35 years. I'm not worried about market tops or global recessions right now.
by 3funder
Wed Sep 11, 2019 9:29 am
Forum: Personal Investments
Topic: How to Invest Down Payment Money for Child? 18 Years Out
Replies: 10
Views: 879

Re: How to Invest Down Payment Money for Child? 18 Years Out

With all due respect, there is no way to know exactly when your son will purchase a home. I recommend that you save for your son's college and let him deal with home ownership when the time comes. Most likely, it will come later than you think. Also, what if he meets his significant other and he/she...
by 3funder
Wed Sep 04, 2019 11:08 am
Forum: Personal Investments
Topic: Is this a real strategy?
Replies: 17
Views: 1847

Re: Is this a real strategy?

Alan Greenspan once said something about certain people foolishly thinking they can create a better mousetrap than all those that currently exist. There is no magical mousetrap, and there is no free lunch. The best strategy is to find the appropriate mix of stocks and bonds, make regularly scheduled...
by 3funder
Wed Sep 04, 2019 11:01 am
Forum: Personal Investments
Topic: Has the bond bubble finally arrived? If so, is anyone doing anything about it?
Replies: 94
Views: 10418

Re: Has the bond bubble finally arrived? If so, is anyone doing anything about it?

I have stocks, bonds, and a 30-year time horizon. Fortunately, a bond bubble (or any asset bubble, for that matter) wouldn't be an actionable event.
by 3funder
Sat Aug 31, 2019 7:22 am
Forum: Investing - Theory, News & General
Topic: Does the US dollar mean revert?
Replies: 36
Views: 1841

Re: Does the US dollar mean revert?

Over the long term (several decades), I wouldn't worry about the fluctuations of a basket of major currencies, as they have little effect on the return of a globally diversified portfolio. I want to reiterate that I am referring to a basket of major currencies, not just the US dollar, though the US ...
by 3funder
Sat Aug 31, 2019 7:09 am
Forum: Personal Investments
Topic: Portfolio Goal / Review
Replies: 2
Views: 346

Re: Portfolio Goal / Review

A few suggestions:

1) Get 100% sold on indexing, it is a less costly and more tax-efficient strategy.
2) Double your bond allocation, as you report that your household income is variable and the long term is often longer than we think.
by 3funder
Sat Aug 31, 2019 7:06 am
Forum: Personal Investments
Topic: Portfolio Review - BAM Portfolio
Replies: 94
Views: 7042

Re: Portfolio Review - BAM Portfolio

The only issue I have with your portfolio is the allocation to alternative investments. In my opinion, stock and bonds are all one needs.
by 3funder
Thu Aug 29, 2019 8:06 am
Forum: Personal Investments
Topic: Am I saving too much cash?
Replies: 18
Views: 2514

Re: Am I saving too much cash?

NO. It appears that you will be burning through your cash in the very near future since you have it earmarked already. I wouldn't put any cash needed in any volatile instrument that I needed within 5 years. CDs don't offer much yield improvement, but you can consider them for a little yield and the...
by 3funder
Fri Aug 23, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Should I skip scheduled car maintenance?
Replies: 26
Views: 1877

Re: Should I skip scheduled car maintenance?

Ignore the dealership 99% of the time. The 1% exception would be in the event of a recall.
by 3funder
Thu Aug 22, 2019 11:15 am
Forum: Personal Investments
Topic: Should I go 100% index funds
Replies: 22
Views: 2776

Re: Should I go 100% index funds

The Primecap Managers are excellent stock pickers; however, this is a core fund. Their goal isn't to completely trounce the S&P; it's to beat it by a large enough margin to justify the [fair, but higher] fee than a broad market index fund. Since you hold shares in a retirement account, I recommend g...
by 3funder
Thu Aug 22, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Prepare for Recession?
Replies: 74
Views: 10162

Re: Prepare for Recession?

1) No one knows for sure when a recession will hit, and recessions are often identified after the fact. 2) In what industry do you work? Some aren't nearly as economically sensitive as others. For example, I'm a high school special education teacher in a large, generally well-funded school district....
by 3funder
Thu Aug 22, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: "The Best Diversifiers For Your Equity Portfolio"
Replies: 126
Views: 10695

Re: "The Best Diversifiers For Your Equity Portfolio"

. . . . . the one category that stood out in terms of offering decent diversification benefit was--I used SPDR Gold Shares, which owns gold bullion. That actually performed decently well as a diversifier for equity exposure. (Christine Benz) I wonder how many Bogleheads would agree with the use of ...
by 3funder
Thu Aug 22, 2019 10:46 am
Forum: Personal Investments
Topic: Good time to implement plan?
Replies: 6
Views: 405

Re: Good time to implement plan?

Domestic stocks and global bonds are indeed expensive right now; however, unless your friend is Nostradamus, and I'd rather doubt he is, he should invest right now according to his preferred asset allocation. If he's still reluctant to do so, he should modify his asset allocation to reflect somethin...
by 3funder
Mon Aug 19, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Are we financially okay?
Replies: 64
Views: 8430

Re: Are we financially okay?

Thanks for the feedback, everyone. We will look and see how we can shave some expenses. Interest income should be about $40k this year. Mortgage is @ 4%, will look into refi. Within the stock portfolio, about $125K is 529. When we rebalance our portfolio, will probably put cash into a Vanguard inde...
by 3funder
Mon Aug 19, 2019 7:23 am
Forum: Personal Investments
Topic: Received a 1 million windfall and what to do with it
Replies: 16
Views: 3587

Re: Received a 1 million windfall and what to do with it

tc101 wrote:
Sat Aug 17, 2019 9:01 pm
Your plan sounds fine, but I would probably put 10% of the windfall in a MM Fund for emergencies and fun.
+1
by 3funder
Mon Aug 19, 2019 7:17 am
Forum: Personal Investments
Topic: P2P lending as a part of port folio
Replies: 15
Views: 871

Re: P2P lending as a part of port folio

I wouldn't. Stocks and bonds are all you need.
by 3funder
Fri Jul 26, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: One bad decision - examples?
Replies: 67
Views: 6930

Re: One bad decision - examples?

Serious spousal disharmony (thankfully, in our case, temporary). My wife and I have gone down the rabbit hole to the tune of >$10,000, and we’re not even divorcing. Never again. Learn to get along!
by 3funder
Fri Jul 26, 2019 9:06 am
Forum: Personal Investments
Topic: Retirement Lump Sum & Scared to Drop It - Help!
Replies: 16
Views: 1557

Re: Retirement Lump Sum & Scared to Drop It - Help!

Congratulations on your retirement! My suggestion is to invest the $855k lump sum immediately in your current 60/40 fixed income/equity allocation. The only change I’d suggest to Vanguard’s recommendation is to skip BNDX (International Bonds) and use just BND. If you don’t have any additional cash/...
by 3funder
Wed Jul 17, 2019 5:14 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 165
Views: 20929

Re: Ray Dalio’s latest fearmongering round

I would never take what he says to heart; however, I applaud him for what has been a very successful long-term go at investing.
by 3funder
Wed Jul 17, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Take the cash or the free dinner?
Replies: 72
Views: 6342

Re: Take the cash or the free dinner?

Take the cash. You don't know if the dinner is worse than a $10 steak you can grill at home. I routinely collect such bonuses. The skill of being completely immune to all high-pressure sales tactics is worth it's weight in gold. If you have this skill, you should exploit it as much as possible. +1
by 3funder
Wed Jul 17, 2019 5:07 pm
Forum: Personal Investments
Topic: Bond fund versus individual bonds
Replies: 39
Views: 1933

Re: Bond fund versus individual bonds

Bond fund. I know a number of people who are more than capable of researching individual bonds; they prefer a simple bond fund. If a bond fund is good enough for those who are well-versed in corporate finance and econometrics, why make things complicated?
by 3funder
Mon Jul 08, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Car loan to improve credit
Replies: 5
Views: 431

Re: Car loan to improve credit

You're fine. No need to get a loan just for the sake of building credit. You can build it other ways by using credit cards responsibly and purchasing your first home when the time is right.
by 3funder
Mon Jul 08, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Was the great bond bull market just plain bull?
Replies: 47
Views: 5451

Re: Was the great bond bull market just plain bull?

he says: Most bond investors fall into the long-term camp . They are using bonds as part of a retirement plan or balanced fund allocation within a portfolio. source: https://www.blackrockblog.com/2019/02/19/interest-rates-vs-bond-returns/ Um, no? I think if most own a total bond market or lehman ag...
by 3funder
Mon Jul 08, 2019 11:36 am
Forum: Personal Investments
Topic: Should i sell
Replies: 7
Views: 1248

Re: Should i sell

bradinsky wrote:
Mon Jul 08, 2019 7:26 am
That very much depends upon you. Is your investment horizon long-term, or short term?
+1
by 3funder
Mon Jul 08, 2019 11:34 am
Forum: Personal Investments
Topic: been a great run for bonds..
Replies: 11
Views: 1894

Re: been a great run for bonds..

My time horizon is [hopefully] six times longer than the average duration of Total Bond; I'm staying the course.