Search found 240 matches

by mikeyzito22
Thu Nov 28, 2019 10:23 pm
Forum: Personal Investments
Topic: So I had my free phone call from Personal Capital . . .
Replies: 27
Views: 4021

Re: So I had my free phone call from Personal Capital . . .

Bmac wrote:
Wed Nov 27, 2019 1:59 pm
I find the ability to aggregate all our various accounts on Personal Capital to be quite useful and an easy way to keep track of our asset allocation and net worth. Sure, I get cold calls to set up a meeting every 3-4 months, but I simply politely decline the offer. No big deal.
+1
by mikeyzito22
Sun Nov 17, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 127
Views: 19608

Re: 100% in bond to wait for market crash?

Total BND up 11.61% I year data. Cool. Please post next year's returns for the same. Now if possible. :happy I do think what I was saying is that total intermediate bonds in any given year are no guarantee, but money markets and cash equivalents continue to pale in comparison to actual returns of a...
by mikeyzito22
Sun Nov 17, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 78
Views: 6757

Re: Preparing for a down market

livesoft wrote:
Sun Nov 17, 2019 3:36 pm
mikeyzito22 wrote:
Sun Nov 17, 2019 3:34 pm
Self-aggrandizement is not a form of humility or intellect.
I totally agree with that statement.
Well that is money. You rock.
by mikeyzito22
Sun Nov 17, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 127
Views: 19608

Re: 100% in bond to wait for market crash?

Total BND up 11.61% I year data. Cool. Please post next year's returns for the same. Now if possible. :happy I do think what I was saying is that total intermediate bonds in any given year are no guarantee, but money markets and cash equivalents continue to pale in comparison to actual returns of a...
by mikeyzito22
Sun Nov 17, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 78
Views: 6757

Re: Preparing for a down market

Come on, I don't believe you don't have any cash. If you are travelling overseas and want to withdraw cash from their local ATMs, you cannot withdraw that from your bond funds. (Just kidding). I'm famous enough and also recognizable enough that I charge people to take photos with me when I am overs...
by mikeyzito22
Sun Nov 17, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 127
Views: 19608

Re: 100% in bond to wait for market crash?

Total BND up 11.61% I year data.
by mikeyzito22
Thu Nov 14, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: no bonds in roth?
Replies: 46
Views: 7793

Re: no bonds in roth?

You also might consider holding bonds in a Roth as an emergency fund substitute. Contributions to a Roth, because they are post tax, can be withdrawn at any time without penalty. However, earnings are subject to more complex tests based on Roth account age and need, medical, etc. ~Moshe -Moshe, I w...
by mikeyzito22
Sun Nov 03, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2131
Views: 223587

Re: U.S. stocks continue to soar!

Futures are UP... I know it isn't entirely reliable but it's looking promising for another robust week ahead. Given recent history, I'd say that futures being up now means that stocks will finish down tomorrow. So is the community supposed to take 'recent history' as a test now? I'm just wondering ...
by mikeyzito22
Sun Nov 03, 2019 10:18 pm
Forum: Personal Investments
Topic: How much money is really needed in retirement?
Replies: 74
Views: 9284

Re: How much money is really needed in retirement?

Many people in the financial industry say you need more than you really do. When they charge an AUM of 1% or more, it is in their best interest to tell you this. Ric Elderman tells his clients to financial plan well past the age of 100. If you have your home paid off at retirement and social securi...
by mikeyzito22
Sun Nov 03, 2019 2:24 pm
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 7995

Re: Benefits of Flagship Status at Vanguard?

Being Flagship got me a free hat from Vanguard. :happy Is that available to other Flagship folks or just a special benefit to you? There was a thread a while back about buying Vanguard-labeled products*. I made a comment about how it would be nice if Vanguard gave each of its Flagship clients a sma...
by mikeyzito22
Sat Oct 26, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: 38y/o requesting feedback regarding debt reduction plan and taxable investing
Replies: 15
Views: 1577

Re: 38y/o requesting feedback regarding debt reduction plan and taxable investing

As someone who was told this once. Pay off the student loan in one shot. If you have $210,000 in cash, just kill the student loan debt and then if you feel like you need to have more cash in the future, raise more cash or lower retirement contributions a tad. As the previous poster put it, you'll l...
by mikeyzito22
Sat Oct 26, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: 38y/o requesting feedback regarding debt reduction plan and taxable investing
Replies: 15
Views: 1577

Re: 38y/o requesting feedback regarding debt reduction plan and taxable investing

As someone who was told this once. Pay off the student loan in one shot. If you have $210,000 in cash, just kill the student loan debt and then if you feel like you need to have more cash in the future, raise more cash with lower contributions a tad. As the previous poster put it, you'll likely be f...
by mikeyzito22
Sun Oct 20, 2019 2:38 pm
Forum: Personal Investments
Topic: Help a 40 year old teacher find an efficient 3 fund portfolio
Replies: 7
Views: 976

Re: Help a 40 year old teacher find an efficient 3 fund portfolio

Hi! I am also a 40-year-old teacher trying to place a 3 fund portfolio within accounts. What I have done is try to max Roth's with the equity positions and put the bond position in the 403b and also with VTSAX. As others have mentioned, we don't know details, but I was once told on this board that i...
by mikeyzito22
Sat Oct 19, 2019 8:34 pm
Forum: Personal Investments
Topic: What CD rate do I need to beat Prime MM?
Replies: 33
Views: 4602

Re: What CD rate do I need to beat Prime MM?

Question: If I put an emergency fund or a significant amount of cash in prime, what about the expense ratio? Is that baked in the yield? Yes, the SEC yield is net of expense ratio. Also, if I moved my high yield EM fund from Ally to Vanguard, would it need to be in taxable considering that Roth's a...
by mikeyzito22
Sat Oct 19, 2019 6:19 pm
Forum: Personal Investments
Topic: What CD rate do I need to beat Prime MM?
Replies: 33
Views: 4602

Re: What CD rate do I need to beat Prime MM?

I have $100K in 2 CDs about to mature and it's decision time about what to do with it. Rates have been declining, and I don't really know how to compare them to Prime where I have a token amount but don't pay attention to. What do you suggest? Compare the rate of of return on the CDs to the compoun...
by mikeyzito22
Wed Oct 16, 2019 9:29 pm
Forum: Personal Investments
Topic: 7-figure portfolio: 1-year review
Replies: 16
Views: 3568

Re: 7-figure portfolio: 1-year review

Totally agree that this does not fit the age of the OP. At a minimum I'd have 70% equities but when I was that age I was 100%. There will be a bumpy ride or two with heavy equity position but hang in there because you're at least two cycles away from retirement. That being said we are in an incredi...
by mikeyzito22
Wed Oct 02, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: maximum downturn
Replies: 16
Views: 2206

Re: maximum downturn

I also have an actively managed retirement fund through my employer that doesn't post gains until January 1st, so it seems like it is perpetually going up every month. I know that's not true as I didn't see any gains last December, but at least I didn't see a loss. I'm at a very low amount in my ot...
by mikeyzito22
Tue Oct 01, 2019 11:05 pm
Forum: Investing - Theory, News & General
Topic: maximum downturn
Replies: 16
Views: 2206

Re: maximum downturn

So, that begs the question. How long should we expect to count a downturn in percentages? I realize there are multiple-year periods, but for the lay investor, then maybe this information through Vanguard is misleading and could lead to someone being over-allocated to equities (like me ha)! Ha, that...
by mikeyzito22
Tue Oct 01, 2019 10:46 pm
Forum: Investing - Theory, News & General
Topic: maximum downturn
Replies: 16
Views: 2206

Re: maximum downturn

Thank you Random Walker. Food for thought for sure.
by mikeyzito22
Tue Oct 01, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: maximum downturn
Replies: 16
Views: 2206

Re: maximum downturn

Why then does everyone say they lost 50% in 2008, when that is categorically incorrect, or is Vanguard asset allocation models off by 7%? I also thought the Depression was worse than the downturn in 2008. Enlighten me? https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-alloc...
by mikeyzito22
Tue Oct 01, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: maximum downturn
Replies: 16
Views: 2206

maximum downturn

Hi, When I look at the Vanguard Portfolio Models it says the biggest drop of an 80/20 portfolio was %-34.9 in 1931. The worst drop for a 100% stock portfolio was %-43.1 in 1931. Why then does everyone say they lost 50% in 2008, when that is categorically incorrect, or is Vanguard asset allocation mo...
by mikeyzito22
Sat Sep 28, 2019 1:54 pm
Forum: Personal Investments
Topic: What to do with extra $20k?
Replies: 11
Views: 1621

Re: What to do with extra $20k?

rwt74 wrote:
Fri Sep 27, 2019 1:35 am
Thank you for the answer. I always thought dollar cost averaging was better than lump sum. Anybody has an opinion on 529 accounts?
With your net investements, 20K lump sum seems a better choice. What makes you say that a "recession is on the horizon?"
by mikeyzito22
Sun Sep 22, 2019 10:07 pm
Forum: Personal Investments
Topic: Seeking a financial adviser
Replies: 11
Views: 2590

Re: Seeking a financial adviser

Chris Ciovacco at Ciovacco Capital [http://www.ciovaccocapital.com/sys-tmpl/aggressive/] [Their backtested 10 year performance from 2003 to 2013 looks impressive, which includes all fees and transaction costs. I'm confused as to if these backtested performance are actual trailing total returns (the...
by mikeyzito22
Sun Sep 22, 2019 9:59 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 130
Views: 14186

Re: Currently invested in 100% stock

Nothing wrong with 100% stock. The question is, will you remain 100% stock if/when your investments decline 40%, 50%, 60%, or more? Good point. OP may not have been deeply invested during the 2008 crisis..... you never know how you will react until you see almost half your money cut in half..... Ma...
by mikeyzito22
Sun Sep 22, 2019 9:54 pm
Forum: Personal Investments
Topic: I am being asked to retire. Am I ready?
Replies: 84
Views: 10735

Re: I am being asked to retire. Am I ready?

Does $9,800 / month include income taxes, healthcare expenses (which may be a lot higher in retirement until Medicare-eligible) and lumpy expenses (i.e., new car, new roof, etc.)? If not, then I suggest you relook at your expenses. OP, I'm expecting mortgage, taxes, and healthcare to be the biggest...
by mikeyzito22
Sun Sep 22, 2019 2:27 pm
Forum: Personal Investments
Topic: What to do next with our money
Replies: 22
Views: 4408

Re: What to do next with our money

Just out of curiosity, you said you live in a 1500 sq ft house and in an okay school district. Why would you want to move and how on earth would your mortgage "double." Maybe don't make that move. If you need an upgrade you should move, but to a place that is twice as expensive? Do you need that muc...
by mikeyzito22
Tue Sep 03, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2541

Re: Do you consider your house as part of your bond portfolio?

No, there are multiple problems with doing that but a big one would be that having a paid off house will lower you expenses with being able to live rent free. This is called "imputed rent" which you can Google. If you also counted it as a bond then you would be sort of double counting it. If it was...
by mikeyzito22
Tue Sep 03, 2019 11:01 pm
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10767

Re: this time it's different

Just wanted to point out, though, that the problems of the developed world (aging populations, shrinking workforces, slow growth, negative interest rates) are not necessarily those of the emerging world. The only sense I can make of it is to invest in a broad diversity of global index companies — t...
by mikeyzito22
Sun Sep 01, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads was right, I was wrong
Replies: 163
Views: 18278

Re: Bogleheads was right, I was wrong

Excuse me but you are wrong. Private sector does not give out big raises either. Those on this board are not the norm. Raises at megacorp were between 0% and 3%. Top performers *might* get a bonus depending on whether the company made money and how much. There were many layoffs during my 20 years e...
by mikeyzito22
Sun Sep 01, 2019 4:05 pm
Forum: Personal Investments
Topic: Timing a Down Market
Replies: 28
Views: 3479

Re: Timing a Down Market

I'm 52. Retired. Currently 0% stocks. I believe I will have the opportunity to buy stocks at substantially lower prices than what's available today (but I may not want to). I started selling in Oct2017, and sold everything in Jan2018. Current portfolio is short-term treasuries, TIPS, gold and large...
by mikeyzito22
Sun Sep 01, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads was right, I was wrong
Replies: 163
Views: 18278

Re: Bogleheads was right, I was wrong

3.) 4000 raise? You really don’t know what you are talking about. Everyone did NOT get a raise of 4000. Mine wasn’t even 3000 with 12 years. Peanuts folks. Private sector gets raises much larger and everyone smiles. It’s about time the state is raising contributions. They have stayed at same rate f...
by mikeyzito22
Sun Sep 01, 2019 2:39 pm
Forum: Personal Investments
Topic: Simplifying Allocations in 403b and Roth IRA
Replies: 12
Views: 599

Re: Simplifying Allocations in 403b and Roth IRA

Hi there, It is my understanding from the wiki and from reading here that you should keep your fixed income in the 403b (tax-deferred) versus the Roth, which will provide more tax free growth. I have a similar set up, but I keep all of my bonds in the 403b. So the Roth is two equity funds, VTSAX an...
by mikeyzito22
Sun Sep 01, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads was right, I was wrong
Replies: 163
Views: 18278

Re: Bogleheads was right, I was wrong

185k is ok but not great for retirement accounts at your ages. Start putting 10-15% of your gross paychecks into retirement. I just want to point out that 95% of Americans don't have 185K at their age in retirement accounts. So, on "main street" they are actually succeeding in this. Keep up the goo...
by mikeyzito22
Fri Aug 30, 2019 9:26 pm
Forum: Personal Investments
Topic: Simplifying Allocations in 403b and Roth IRA
Replies: 12
Views: 599

Re: Simplifying Allocations in 403b and Roth IRA

Hi there, It is my understanding from the wiki and from reading here that you should keep your fixed income in the 403b (tax-deferred) versus the Roth, which will provide more tax free growth. I have a similar set up, but I keep all of my bonds in the 403b. So the Roth is two equity funds, VTSAX an...
by mikeyzito22
Fri Aug 30, 2019 2:08 pm
Forum: Personal Investments
Topic: Simplifying Allocations in 403b and Roth IRA
Replies: 12
Views: 599

Re: Simplifying Allocations in 403b and Roth IRA

I've been working to simplify my holdings - I have a 403b through TIAA CREF at work and a Roth IRA with Vanguard. I'd like my overall asset allocation to be 80/20 (equities/stable; I'm around 40 and this risk is comfortable for me) with a small cap tilt of 10-15% or my equities and my international...
by mikeyzito22
Wed Aug 21, 2019 8:53 pm
Forum: Personal Investments
Topic: JL Collins - You Did It Again :)
Replies: 10
Views: 2291

Re: JL Collins - You Did It Again :)

If you are still in the accumulation stage (i.e., buying assets not selling to fund retirement), and the stock market goes down, then you should be jumping for joy. That means that you are buying stocks when they are on sale! If they go down 50%, then it's a half-off sale! And seriously you should ...
by mikeyzito22
Wed Aug 21, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are there advantages to being married to a teacher?
Replies: 111
Views: 7450

Re: Are there advantages to being married to a teacher?

the only true negative i have found is that it makes it very difficult to move regionally. as in, it makes it more difficult for the non-teaching spouse to career climb and sort of narrows the job search radius. I think that's true with almost any trailing spouse. Wait, what? What is a "trailing sp...
by mikeyzito22
Tue Aug 20, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Are there advantages to being married to a teacher?
Replies: 111
Views: 7450

Re: Are there advantages to being married to a teacher?

the only true negative i have found is that it makes it very difficult to move regionally. as in, it makes it more difficult for the non-teaching spouse to career climb and sort of narrows the job search radius. I think that's true with almost any trailing spouse. Wait, what? What is a "trailing sp...
by mikeyzito22
Thu Aug 15, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Vehicle Air horn
Replies: 29
Views: 2735

Re: Vehicle Air horn

Why do people want to make the world louder than it already is? I just don't like getting cut off in traffic and if someone wants to do that to me... I want to brighten their day a little!!! I recently saw a bumper sticker that said "Are you kind?" If everyone is air horning each other, I doubt tha...
by mikeyzito22
Tue Aug 13, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: Domestic returns next 10 years
Replies: 45
Views: 3251

Re: Domestic returns next 10 years

1% returns is ridiculous. Equity return over the next 10 years will be solidly negative. Just curious, upon what do you base this opinion? Sorry. Can't do that. My response would be deleted. Hmmm...your not even invested in stocks. Why? Also, why even come to this forum if you're not investing? The...
by mikeyzito22
Sun Aug 11, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 9215

Re: The fallacy of Dollar Cost Averaging

Jesteroftheswamp wrote:
Sun Aug 11, 2019 12:06 pm
Is DCA bad if you like to save money from your paycheck every month and put it into a fund such a VTSAX?
No, it is not.
by mikeyzito22
Sun Aug 11, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 9215

Re: The fallacy of Dollar Cost Averaging

... I do not see how investing every paycheck can possibly be seen as trying to avoid anything bad happening. Investing every paycheck is intended to avoid running out of money in retirement, which is a very bad thing. :D OTOH, I see and agree that there is great confusion about the the DCA term. Y...
by mikeyzito22
Sat Aug 10, 2019 8:48 pm
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 9215

Re: The fallacy of Dollar Cost Averaging

I have an objection to investing more than maybe $50,000 as lump sum. The deal is, while it probably will work out in the end, I like my investments generally to be in the green rather than red. And we all know the stock market could tank any day next week or the week after. I'd feel really bad if ...
by mikeyzito22
Sat Aug 10, 2019 8:43 pm
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 9215

Re: The fallacy of Dollar Cost Averaging

You either DCA or lump sum. By definition if you lump sum you either are holding back savings to then invest at some future date or you came into a windfall. This whole thread only has any meaning if you came into a sudden windfall. In that case, the data is to invest all at once to be fully invest...
by mikeyzito22
Sat Aug 10, 2019 7:56 pm
Forum: Personal Consumer Issues
Topic: Vehicle Air horn
Replies: 29
Views: 2735

Re: Vehicle Air horn

Why do people want to make the world louder than it already is?
by mikeyzito22
Thu Aug 08, 2019 10:33 pm
Forum: Personal Investments
Topic: Question about partial pension fund
Replies: 6
Views: 484

Re: Question about partial pension fund

how often would you say to look at it and plug in my numbers differently? Currently I have 4 percent rebalancing bands mainly in a three fund portfolio that I can control. Should I rebalance my part quarterly, more? Or should I do it when the difference in OPERF is great enough to trigger a band in...
by mikeyzito22
Thu Aug 08, 2019 9:01 pm
Forum: Personal Investments
Topic: Question about partial pension fund
Replies: 6
Views: 484

Re: Question about partial pension fund

Hi all and thanks for everyone here, 6% of my salary goes into a IAP target date 2045 fund. This is one part of a two part pension. From the looks of it and from the prospectus, it is invested in a lot of funds and 75% of it tries to do this: "The current OPERF Policy Benchmark is comprised of 37.5...
by mikeyzito22
Wed Aug 07, 2019 10:04 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 19623

Re: Why Mr. Bogle prefers U.S stocks

... But just because he did something personally doesn't necessarily mean that we all just do whatever he did without understanding why. If you're making investment decisions based on something that someone told you to do, it's OK to say it that way. But why wouldn't you be open to exploring more d...
by mikeyzito22
Wed Aug 07, 2019 6:52 pm
Forum: Personal Investments
Topic: Personal Capital Question
Replies: 9
Views: 1476

Re: Personal Capital Question

One other question about PC. How many of you look at the "portfolio" section more than the "you index" section for actual returns. I understand I can go to Vanguard for actual returns, just wondering if any of you had a preference?
by mikeyzito22
Wed Aug 07, 2019 6:50 pm
Forum: Personal Investments
Topic: Personal Capital Question
Replies: 9
Views: 1476

Re: Personal Capital Question

Has anyone figured out what it takes to get the Personal Capital Retirement Planner to give you 100% success? I have been playing with it and for some rough numbers The assumptions that I plugged in are as follows: Currently ~50 yrs old 2.8M investable assets 70/30 SS his $22,500 @ 68 SS hers $22,5...