Search found 151 matches

by 272 Sheep
Sat Jun 08, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: Are market downturns & crashes really driven by fear?
Replies: 23
Views: 1774

Re: Are market downturns & crashes really driven by fear?

Its easy to be brave when the sun is shining. But when after losing a large portion of your money that you worked hard for,
will you stay brave?
by 272 Sheep
Mon May 27, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: Actual Experience as true measure of risk tolerance
Replies: 82
Views: 6299

Re: Actual Experience as true measure of risk tolerance

Training and education can trump experience in stressful stiuations. If you educate yourself about market history, you will be prepared to psychologically weather a bear market . Police and fire departments train their first responders for all sorts of crisis situations. These first responders almo...
by 272 Sheep
Sun May 26, 2019 6:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Luck or Skill?
Replies: 30
Views: 4470

Re: Vanguard - Luck or Skill?

This so called skill came back to bite Vanguard hard in the you know where when Total Bond Index lagged it's index by 2% in one year. Anyone interested can check the back performance for that fund, and a quick search of the archives on orignal forum will show related threads. The year was 2002, her...
by 272 Sheep
Sun May 26, 2019 4:17 pm
Forum: Investing - Theory, News & General
Topic: What kind of jobs do people who have SEP IRAs do?
Replies: 32
Views: 2550

Re: What kind of jobs do people who have SEP IRAs do?

I chose the SEP IRA route because of the simplicity of rules and lack of paperwork many years ago. As my W2 from my S-Corp. exceeds the minimum to contribute the maximum and I’m the sole employee and shareholder as well it doesn’t impact me other then the Roth issue. At the time, I hadn’t even real...
by 272 Sheep
Sat May 25, 2019 9:28 pm
Forum: Personal Investments
Topic: NOOB trying to learn (yes im a tad late age 52)
Replies: 9
Views: 1946

Re: NOOB trying to learn (yes im a tad late age 52)

Its never too late and never too late to learn.
Additionally, I have found what has worked for me, is reading a few good books by good people to give yourself knowledge, perspective
which will build confidence.
https://www.bogleheads.org/RecommendedReading.php
by 272 Sheep
Sat May 25, 2019 6:07 pm
Forum: Personal Investments
Topic: Total US Market vs 1/3 Large, Mid, Small
Replies: 15
Views: 1485

Re: Total US Market vs 1/3 Large, Mid, Small

I don't think there is anything wrong with it per se. So long as you have the discipline to see it through, long-term. Perhaps your taking a tad more risk. More complicated, for sure. Time will tell if it performs better than TSM. Perhaps by taking more than average risk, it will. Not sure its worth...
by 272 Sheep
Sat May 25, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: "Investing in Total Markets"
Replies: 45
Views: 4708

Re: "Investing in Total Markets"

Hi Taylor, Total Stock Market Index Funds are the core of wife's and my portfolio. An important item that we can take for granted. Jack Bogle, I believe, was its first proponent. Your post is a good reminder of why we have it. Few weeks ago, my wife sent me this: https://www.youtube.com/watch?v=w0ZR...
by 272 Sheep
Sat May 25, 2019 10:24 am
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 14671

Re: just a general comment about "too conservative" investors here

This board has a few collective biases (IMO) but too being "too conservative" in asset allocation to equity relative to some overall norm is not one of them. I think most people don't have a good feel for what happens if you are 80%, 90% stock when we hit a bear market. Just see some of Nisiprius's...
by 272 Sheep
Fri May 24, 2019 9:24 am
Forum: Personal Investments
Topic: Evaluate my choices
Replies: 13
Views: 811

Re: Evaluate my choices

Asking about business cycles and dabbling in oil CCF is not a good start to investing. My advice just focus on these 5 aspects of investing and you will be fine... 1. Make as much as you can so you can save as much as you can 2. Asset allocation is king (stocks/ bonds/ cash) 3. Avoid active managem...
by 272 Sheep
Thu May 23, 2019 9:12 pm
Forum: Investing - Theory, News & General
Topic: How to "lie" with Personal Finance
Replies: 28
Views: 5167

Re: How to "lie" with Personal Finance

I stumbled across this "Early Retirement Now" blog post How To “Lie” With Personal Finance (by "Karsten" aka "Big ERN") and thought it would be interesting -- and important -- to those in the process of planning for retirement. I found it to be a good read. It does make one re-think "will I (or do ...
by 272 Sheep
Thu May 23, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: Regression to the Mean - and our money
Replies: 16
Views: 1597

Re: Regression to the Mean - and our money

When it comes to Active vs. Passive, a financial planner, (now deceased) explained it to me very simply: 1. Before costs are deducted, Active funds, as a whole, make the market average.(Half win, half lose.) 2. Before costs are deducted, Passive funds, as a whole, make the market average. (Most, who...
by 272 Sheep
Wed May 22, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 14671

Re: just a general comment about "too conservative" investors here

Great rant Op!
Quote I like is: "Good decisions come from experience...and experience mostly comes from from bad decisions. :D
(From restroom stall at "Airport Diner")
Carl W.
by 272 Sheep
Mon May 20, 2019 11:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs, ranked by diversification benefit
Replies: 66
Views: 4515

Re: Vanguard ETFs, ranked by diversification benefit

OP, In likely rising interest rate environment, not sure that having (especially significant amount) of long bonds is a good idea, especially a person like me who is early in his retirement. Sharp rate climb will give significant and proportional loss to long-bond value. Aren't long-bonds closely co...
by 272 Sheep
Mon May 20, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: If you liked “They Shall Not Grow Old” - “Cold Blue” coming May 23
Replies: 13
Views: 1925

Re: If you liked “They Shall Not Grow Old” - “Cold Blue” coming May 23

Did see "They Shall Not Grow Old". Very good, different, almost entirely from the British soldier's perspective.
May check out "Cold Blue" as well.
Thanks.
Carl W.
by 272 Sheep
Sat May 18, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy?
Replies: 10
Views: 1141

Re: Rent or Buy?

Often it is said a house will be your best investment. While there are pluses there are also minuses. House, to me, is essentially a liability: Roof-over, new roof New furnace Bad lawn that need fixing High Property Taxes Home insurance Termites Mice (3 yrs ago chewed thru my furnace elec, wire in m...
by 272 Sheep
Sat May 18, 2019 8:23 pm
Forum: Personal Investments
Topic: Retirement Portfolio For the Early Years? Appreciate Advice
Replies: 5
Views: 1278

Re: Retirement Portfolio For the Early Years? Appreciate Advice

Have you considered delaying S.S. to 70 yrs old?
Carl W.
by 272 Sheep
Sat May 18, 2019 7:59 am
Forum: Investing - Theory, News & General
Topic: Actual Experience as true measure of risk tolerance
Replies: 82
Views: 6299

Re: Actual Experience as true measure of risk tolerance

Can I ask you? Do you get it right after the first bear market experience? Or it takes time to get a AA that allows you to stay the course. alexfoo39: It took me (and my family) a long time to invest in stocks again. I think members of the Boglehead Forum have a much better chance to stay-the-cours...
by 272 Sheep
Sat May 18, 2019 7:21 am
Forum: Personal Investments
Topic: RMD taxes
Replies: 9
Views: 866

Re: RMD taxes

Is this just your normal RMD or did you take out extra? Or 2 RMDs in one year?
If just normal, situation will only get worse in future years.
Do you have cash available to convert to Roth IRA(s)?
All I can think of.
Carl W.
by 272 Sheep
Fri May 17, 2019 10:41 pm
Forum: Personal Investments
Topic: Novice question re: modifying portfolio for tax efficiency
Replies: 5
Views: 699

Re: Novice question re: modifying portfolio for tax efficiency

Your bond fund and other fixed income assets are normally best placed in a tax-deferred account such as a traditional IRA, 401k, or TSP account. If you don't have one of these tax-deferred savings accounts then it might make sense to move bonds to the Roth account. Or it may make more sense to leav...
by 272 Sheep
Fri May 17, 2019 10:08 pm
Forum: Personal Investments
Topic: Am I being ripped off?
Replies: 42
Views: 4781

Re: Am I being ripped off?

Take the plunge. You are already doing 2/3 of the portfolio.
Say good-bye and thanks to Morgan Stanley and do it yourself.
Carl W.
by 272 Sheep
Thu May 16, 2019 3:56 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8325

Re: Did you buy the 600+ dip last week ?

To OP,
Nope. I guess I just missed it.
by 272 Sheep
Thu May 16, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 170420

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Much like when expecting a Nor'easter.
Before it hits:
1. Go to store and buy goodies.
2. Pull down all the shades in the house.
3. Eat goodies during storm.
4. Storm over.
Why some of us weigh a little more than we should! :shock:
Carl W.
by 272 Sheep
Wed May 15, 2019 9:17 pm
Forum: Personal Investments
Topic: Criticism of my portfolio, please?
Replies: 9
Views: 1132

Re: Criticism of my portfolio, please?

All I might add is I would change VBLIX to Tax-exempt intermediate-term bond fund. Even though you do not have RMDs to be concerned about, you might think of adding a Roth IRA. Why? For the sole purpose of having some tax-diversification. You, otherwise, are paying taxes everything else. In the futu...
by 272 Sheep
Wed May 15, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1968

Re: Should one diversify into annuities and not bonds?

I think delaying S.S. to 70 yrs old is like buying a short-range deferred annuity which has COLA built in which my wife and I are doing. Carl W. I am deferring until 70 as well, however with the sad shape of the SS Trust Fund I am not so sure that it is a great decision. I am betting that there is ...
by 272 Sheep
Wed May 15, 2019 6:01 pm
Forum: Personal Investments
Topic: How am I doing so far???
Replies: 15
Views: 1397

Re: How am I doing so far???

Welcome!
You've laid the foundation for bigger and better!
Congrats, keep going! :happy
by 272 Sheep
Wed May 15, 2019 1:33 pm
Forum: Personal Investments
Topic: Sell I-Bond just to re Buy at fixed interest?
Replies: 5
Views: 370

Re: Sell I-Bond just to re Buy at fixed interest?

I like getting the 0.5% fixed interest instead of 0%. Using my 0% I-bonds as income suppiement as they get past 5 yr.
Replacing them so to maintain an additional emergency fund.
by 272 Sheep
Wed May 15, 2019 9:48 am
Forum: Personal Investments
Topic: New to investment
Replies: 6
Views: 346

Re: New to investment

Welcome.
While safe-guarding your $50k and if having a 401k savings plan where you work, you could start contributing with a small percentage deducted from your paycheck. I would recommend starting small. Hopefully, the plan would have matching money. :happy
Carl W.
by 272 Sheep
Wed May 15, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1968

Re: Should one diversify into annuities and not bonds?

I'd suggest diversity in fixed-income sources (admittedly at the expense of simplicity). Here's why. 1. Annuities are contracts with insurance companies. The post 2009 regulations restraining large insurance company behavior are apparently about to be rescinded. This may (or may not) be a red flag ...
by 272 Sheep
Tue May 14, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 16024

Re: Another Warren Buffett S&P 500 Recommendation

According to below article he hasn't beat S&P 500 in 15 years. https://www.marketwatch.com/story/no-one-will-ask-this-one-question-hanging-over-berkshire-hathaways-annual-meeting-2019-05-03 I don't think Buffett's accomplishments are a statistical outlier. I think Buffett is a great and genuinely ta...
by 272 Sheep
Tue May 14, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 130
Views: 19132

Re: Cash - Throw it all on the table!!!

Correction: Delaying S.S. to 70. Forgive me, I must have "70-1/2" on the brain! :oops:
by 272 Sheep
Tue May 14, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 130
Views: 19132

Re: Cash - Throw it all on the table!!!

I treat I-bonds as cash, does that count? Delaying S.S. to 70-1/2. Have enough to get past the milestone, scheduled to avoid dreaded "last 3-month interest penalty". Plus, near 3% of portfolio is in Prime MM. Don't do anything fancy with buckets. Just make sure I have plenty cash, I-bonds. :happy Ca...
by 272 Sheep
Tue May 14, 2019 5:24 pm
Forum: Personal Investments
Topic: Delete
Replies: 18
Views: 3704

Re: 30 years old, What should I do with all this cash?

Welcome to forum.
Do you fully fund your Roth IRA every year?
Do you have cash outside of what you have shown?
If not, you might put some in a money market fund, for emergencies, future purchases etc.
Carl W
by 272 Sheep
Tue May 14, 2019 5:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Long Term Bond Index to charge 0.50% fee on purchases
Replies: 64
Views: 5726

Re: Vanguard Long Term Bond Index to charge 0.50 fee on purchases

Thanks anyway but have no need of Long-term bond fund whether it be MF or ETF.
If I was, it would be the ETF.
Carl W.
by 272 Sheep
Tue May 14, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: "Fund groups challenged over securities lending practices"
Replies: 12
Views: 1339

Re: "Fund groups challenged over securities lending practices"

I interpret it like this: 1, Vanguard returns 95% of securities lending back to shareholders. 2. Maybe, costs Vanguard 5% to do it. Sure looks like it is consistent with, that Vanguard is aligned with shareholder interests, (much) more so than those others are. Was it Morningstar that gave Vanguard ...
by 272 Sheep
Tue May 14, 2019 8:44 am
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1500

Re: What's my next step? (Edited / Updated with portfolio details)

One more thing.
When your interviewing your "3" fee-only advisers, don't fall-in-love with the first and second right away. See all 3.
After comparing, you'll get a good idea of who you will want.
In all 3 cases, the first hour is for free!
by 272 Sheep
Tue May 14, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Asset Allocation in 60s
Replies: 17
Views: 1891

Re: Asset Allocation in 60s

I'd consider 60% stock/40% bonds while working and about 50/50 after that. +2 While working, you can take more risk, if you want to. Saving more than spending. Or at least mitigating the effects of spending. Once you've stopped working, you are now spending entirely instead of saving. How can you m...
by 272 Sheep
Mon May 13, 2019 10:31 am
Forum: Personal Investments
Topic: Moving from Edward Jones to Vanguard
Replies: 16
Views: 2098

Re: Moving from Edward Jones to Vanguard

Place to start to determine AA. https://www.investor.gov/additional-resources/general-resources/publications-research/info-sheets/beginners%E2%80%99-guide-asset I would get from Vanguard, Fidelity and T.Rowe Price their "Asset-Allocation questionnaire" so you and spouse can determine what your own ...
by 272 Sheep
Mon May 13, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 16024

Re: Another Warren Buffett S&P 500 Recommendation

Last 15 years, Berkshire-Hathaway has underperformed S&P 500!
by 272 Sheep
Mon May 13, 2019 9:22 am
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1500

Re: What's my next step? (Edited / Updated with portfolio details)

I forgot to mention, that fee-only advisers are the only advisers which can be held accountable for their advice.
by 272 Sheep
Mon May 13, 2019 9:16 am
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1500

Re: What's my next step? (Edited / Updated with portfolio details)

I would make sure, if looking for fee-only planner help, that the main knowledge is about taxes to go along with possible advice unwinding individual stock. (if necessary) thanks for the response! What should I be wary off with a fee-only planner if I decide to go that route? We've never used one. ...
by 272 Sheep
Mon May 13, 2019 8:05 am
Forum: Investing - Theory, News & General
Topic: Bonds for growth Vs Bonds for rebalancing
Replies: 7
Views: 575

Re: Bonds for growth Vs Bonds for rebalancing

Is this question about rebalancing or is it about optimizing portfolio efficiency, meaning specifically reducing volatility at same return or increasing return at same volatility (or both). It should be right that a portfolio fairly heavy in stock would best be paired with long bonds, but that is a...
by 272 Sheep
Sun May 12, 2019 10:26 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 16024

Re: Another Warren Buffett S&P 500 Recommendation

Hi FIREchief, My reponse below: So Buffett has instructed his wife's trustee to put 90% of his legacy into an S+P index fund? NOT Berkshire-Hathaway??? This is somewhat of a goof. I've only heard him quoted as "recommending" this to the trustee. If that's all it is, then I believe that most/all stat...
by 272 Sheep
Sun May 12, 2019 9:07 pm
Forum: Investing - Theory, News & General
Topic: Asset Location
Replies: 11
Views: 1382

Re: Asset Location

For some, especially with large TIRAs it would be good to put your stocks in Roth IRA.
The higher growth in that portion (Roth) and combined with slower growth in tax-deferred portion of your portfolio that would help
reduce RMDs, later and be tax free, besides.
Carl W.
by 272 Sheep
Sun May 12, 2019 8:26 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 16024

Re: Another Warren Buffett S&P 500 Recommendation

So Buffett has instructed his wife's trustee to put 90% of his legacy into an S+P index fund? NOT Berkshire-Hathaway??? That's fascinating. Not necessarily unpredictable, but still fascinating. 90% is a lot. If indeed his investment success is due to considerable skill, and not just "the luck of th...
by 272 Sheep
Sat May 11, 2019 8:43 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1500

Re: What's my next step?

Hi SallyP, Welcome to the forum you and your husband. Looks to me, that you've done a good job of recognizing and addressing the complex problems you are faced dealing with portfolio and adviser. I would make sure, if looking for fee-only planner help, that the main knowledge is about taxes to go al...
by 272 Sheep
Sat May 11, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: Balance Finds
Replies: 17
Views: 1309

Re: Balance Finds

Jack Bogle was a big fan of Balanced Funds.
The Wellington Fund (founded in 1928) was/is in the balanced fund category.
by 272 Sheep
Sat May 11, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 16024

Re: Another Warren Buffett S&P 500 Recommendation

This is great. Thanks for posting. I see most people are getting hung up on why he chooses the S&P over the Total Stock Market Index. That never bothered me because the returns are practically identical. The one thing that put my investing life in a tail spin on how he has everyone 90% in equities ...
by 272 Sheep
Sat May 11, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: "Outstanding Stewardship: The Vanguard Group"
Replies: 6
Views: 1213

Re: "Outstanding Stewardship: The Vanguard Group"

Thanks, Taylor,
Vanguard still stands alone! So far, no one else seems to want to challenge?
Unless, it is with marketing gimmicks?
by 272 Sheep
Sat May 11, 2019 8:08 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3041

Re: Why I bet on S&P500

The equity vs. bond percentage is what will drive your performance. All arguments about the supremacy of US markets have to assume that, somehow, that is not publicly available information and is not priced in by the stock market in the relative valuations of US v. non-US markets. In other words, t...