Search found 90 matches

by FOGU
Sun Jun 17, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 17
Views: 974

Re: Very confused with the current market

show me the 80 years bull? 1990-2000-2008 all most every ten years Humans are fantastic pattern finding creatures. Our brain must find patterns, even when they are not there. I will point out that 1990 was a down year but not a bear year. Most consider the longest US bull market to be form 1982 to ...
by FOGU
Sun Jun 17, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: "Money Talk" Radio Program with Bob Brinker
Replies: 7
Views: 583

"Money Talk" Radio Program with Bob Brinker

I am sitting here listening to Bob Brinker on "Money Talk." His monologues are generally kind of interesting. But it sounds to me like he is committing malpractice. He takes one or two facts from a caller and tells them what to do on highly significant personal financial decisions. He may be right i...
by FOGU
Sun Jun 17, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Personal finance HELP
Replies: 19
Views: 1152

Re: Personal finance HELP

High income is not the same as high net worth. In terms of your future, the amount you save is much more important than the amount you earn. In other words, a high income does not make a person "rich." You "live on" $150k per year. That is a tremendous amount of money to spend on living expenses. St...
by FOGU
Sun Jun 17, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Wanting to learn: seeking approval or criticism on my portfolio
Replies: 12
Views: 1090

Re: Wanting to learn: seeking approval or criticism on my portfolio

You are 36, a lot can happen in the 30 years or so until she could collect the pension. The employer may drop the pension plan entirely or may severely reduce the pension during the next 30 years, and she may not stay with her employer the rest of her working life. When closer to retirement it can ...
by FOGU
Sun Jun 17, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: When is the June ex-dividend date for VTSAX
Replies: 25
Views: 1994

Re: When is the June ex-dividend date for VTSAX

Not intending to hijack the thread but in a related question, are there some Vanguard funds (possibly money market mutual funds and/or bond funds??) which don't go by an ex-dividend date but rather pay a (for example) monthly dividend pro-rated based on the number of days you actually owned the fun...
by FOGU
Sun Jun 17, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: What next?
Replies: 7
Views: 918

Re: What next?

I wouldn't worry about doubling up. Just figure out how much of that you want as a percentage of all assets and maintain that percentage over one or both accounts. I find it useful to have some of both bond and stock funds in a retirement account so as to reallocate overall asset allocation when nec...
by FOGU
Sat Jun 16, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1771

Re: Which way to save for my child?

OP: I disagree with the poster that said the time frame for a 529 is too short for the tax advantages to add up. If you child is 1 you might be paying for undergrad up until they are 22 or 23. 20+ years of tax free growth on my investments is very significant to me. What I said was that the time fr...
by FOGU
Fri Jun 15, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for Millenial
Replies: 26
Views: 1650

Re: Portfolio Review for Millenial

I would not be in a hurry to pay off a 15 year mortgage. I would be investing that extra money. You are in the share accumulation phase. By investing more in your 20’s, it could end up changing your retirement account by hundreds of thousands. The effects of compounding can really have a large effe...
by FOGU
Fri Jun 15, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for Millenial
Replies: 26
Views: 1650

Re: Portfolio Review for Millenial

I would not be in a hurry to pay off a 15 year mortgage. I would be investing that extra money. You are in the share accumulation phase. By investing more in your 20’s, it could end up changing your retirement account by hundreds of thousands. The effects of compounding can really have a large effe...
by FOGU
Fri Jun 15, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1551

Re: Renting vs Buying a Home

KlangFool wrote:
Thu Jun 14, 2018 12:58 pm
OP,

It is not complicated in your case. Keep renting.

KlangFool
Indeed. This is not a close call. Keep renting.

Housing is more of an expense than an investment. Treat it as such and minimize the outlay as much as you can.
by FOGU
Fri Jun 15, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for Millenial
Replies: 26
Views: 1650

Re: Portfolio Review for Millenial

Houses come and go. Yes, you will be mortgage debt free quickly. But as an asset your house is highly unlikely to appreciate nearly as much as other investments. There is no compound yield with a house. If you bank the extra money in the investment accounts (and $30k a year is a lot of extra money ...
by FOGU
Fri Jun 15, 2018 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for Millenial
Replies: 26
Views: 1650

Re: Portfolio Review for Millenial

Houses come and go. Yes, you will be mortgage debt free quickly. But as an asset your house is highly unlikely to appreciate nearly as much as other investments. There is no compound yield with a house. If you bank the extra money in the investment accounts (and $30k a year is a lot of extra money t...
by FOGU
Thu Jun 14, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Living on Your Investments? What Happens When a Bear Market Hits?
Replies: 53
Views: 7382

Re: Living on Your Investments? What Happens When a Bear Market Hits?

I am happy its gone up haha but haven't really bought any more index funds for over a year as it seems overpriced to me, so haven't bought for a while, so not sure what I should be doing with my savings in this situation apart from putting in the bank. I have been investing in shares for a long tim...
by FOGU
Thu Jun 14, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 45
Views: 4516

Re: 47 and clueless - direction needed

Take the advice of these posters. Get rid of Franklin Templeton. You got ripped off and led astray. Cut your losses now. Based on my experience I recommend Vanguard, but others have just as good a recommendation for Fidelity and Schwab. Don't feel bad. Merrill Lynch took me for a ride for a while un...
by FOGU
Wed Jun 13, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Mid 50s couple looking for a Portfolio Health Check up
Replies: 17
Views: 2263

Re: Mid 50s couple looking for a Portfolio Health Check up

Start spending a lot less. Start saving a lot more. Max out your retirement accounts (401k and IRA) as indicated. Figure out how to get those overseas assets working for you. Sell the property and get those proceeds and the other money into investments. Analyze and try to reasonably estimate how muc...
by FOGU
Wed Jun 13, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3068

Re: Vanguard Advisor Services

It appears the OP has learned enough simply by observing the PAS method (and surely from other sources) that he no longer needs to pay for the service. Consider it tuition. You have graduated so you no longer need to pay the tuition. Agree that it is of value, and worth .3% for some. If you need/wan...
by FOGU
Tue Jun 12, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3068

Re: Vanguard Advisor Services

You obviously don't need it.

End it.
by FOGU
Tue Jun 12, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Mid 30s couple looking for some direction
Replies: 5
Views: 645

Re: Mid 30s couple looking for some direction

What would you say your savings rate is?

Not including deductions for pension contributions, what percentage of your gross pay are you saving for retirement?
by FOGU
Tue Jun 12, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 121
Views: 8540

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

He is absolutely right about the most important thing being the savings rate and being invested. You can substitute funds and tweak asset allocation all you want, but you cannot replace saving.
by FOGU
Tue Jun 12, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1771

Re: Which way to save for my child?

FOGU, In your case, you are old enough (50+) and your kids are young enough (toddlers) that you can fund the college education with your tax-advantaged accounts. You do not need your kids' Roth IRAs. KlangFool Yes sir. That is exactly what I am doing. 529 is irrelevant to me, but I doubt if I would...
by FOGU
Tue Jun 12, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1771

Re: Which way to save for my child?

OP, 1) Unless you are very certain that you will not be early retired (voluntary or involuntary) while the kids go to college. No 529 and no UTMA. Aka, no account under your child's name. Those accounts will hurt your kid's chance of receiving a financial aid. So, put the money in your own tax-adva...
by FOGU
Tue Jun 12, 2018 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review & high-level questions
Replies: 5
Views: 820

Re: Portfolio review & high-level questions

Thanks for the detailed response. Lots of food for thought here. I plan to apply for citizenship once I'm eligible. Agree that the added freedom is worth the additional tax (and accounting) burden. Good luck with it. About 10 years ago I gave a speech to the candidates at a naturalization ceremony ...
by FOGU
Tue Jun 12, 2018 5:13 am
Forum: Investing - Help with Personal Investments
Topic: Respectfully Looking for Advice
Replies: 18
Views: 1957

Re: Respectfully Looking for Advice

How should I best manage my money going forward?
Spend a lot less. Save a lot more. Invest.

Sell the cars.

It's getting late.
by FOGU
Sun Jun 10, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review & high-level questions
Replies: 5
Views: 820

Re: Portfolio review & high-level questions

Hi all. I've been building my portfolio following the Bogleheads philosophy for the most part. However, my situation is not straightforward for a few reasons (mostly of the "good problems to have" type): - I have what I consider a large net worth and income for my age Yes, you do. - I'm an expat cu...
by FOGU
Sun Jun 10, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage Account Allocation
Replies: 4
Views: 271

Re: Brokerage Account Allocation

Why Fidelity over Vanguard? Just genuinely curious.
by FOGU
Sun Jun 10, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance for College Dorm
Replies: 29
Views: 1906

Re: Renter's Insurance for College Dorm

Sounds like a nice profit center for the school.

No. Not necessary. Take care of your stuff and lock your room when you are not in it.
by FOGU
Sun Jun 10, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 20
Views: 1726

Re: How does an investor best adjust asset allocation from 85/15 to 70/30?

This feature (tIRA showing 45/55) is why you will often see the comment on BH to view all your individual accounts as a single portfolio. The important number is your overall AA of 70/30. You will use individual accounts for optimum placement of assets, but always with a view to your total portfoli...
by FOGU
Sun Jun 10, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 20
Views: 1726

Re: How does an investor best adjust asset allocation from 85/15 to 70/30?

Here's a follow up:

If the decision is made to adjust asset allocation as recommended, in one gargantuan stress-inducing transaction, does it make sense to wait until after the June dividends are declared and reinvested before moving from VTSAX to, say, VBTLX?

Thank you.
by FOGU
Sun Jun 10, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Help for my Mom - She's 86
Replies: 10
Views: 850

Re: Investing Help for my Mom - She's 86

My parents are in similar shape in terms of age and assets. All held in CDs and savings accounts. Their pension and social security income exceeds their expenses. Fortunately they have pretty good long-term care insurance. If they didn't have that insurance we would be more worried. Due to recent il...
by FOGU
Sat Jun 09, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 20
Views: 1726

Re: How does an investor best adjust asset allocation from 85/15 to 70/30?

Thanks for all the responses. Indeed the idea of locking in some gains, i.e. the sell stocks high / buy bonds low idea mentioned above, did occur to me as an added bonus.

I only posted the question because it is a gargantuan transaction that causes trepidation.
by FOGU
Sat Jun 09, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1701

Re: Asset Allocation 53 years old

People paid on a W-2 have a hard time grasping the taxes and medical expense paid by the self-employed, and how much that affects net spendable income. [/i][/b] I am self-employed (and pay self-employment tax too). Haven't had a W-2 in over 10 years. I get it. With gross earnings about one third of...
by FOGU
Sat Jun 09, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Fox Business Channel Friday June 8
Replies: 65
Views: 5343

Re: Jack Bogle on Fox Business Channel Friday June 8

I hope to reach Jack Bogle's age (89 as of this interview) and I would be most thankful to have 20% of his mental acuity when I get there.
by FOGU
Sat Jun 09, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1701

Re: Asset Allocation 53 years old

To the OP: Have you really analyzed where the money goes? I mean, to the molecular level? $195k out the door in a year is a tremendous amount of money, even with the taxes and health care expense you mention. That is an average of $16,250 per month. Whoa. Agree with the poster who says $2.5 million ...
by FOGU
Sat Jun 09, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing Between These Funds...
Replies: 4
Views: 478

Re: Choosing Between These Funds...

American Funds are much more expensive than Vanguard. I would avoid American if Vanguard is available. If you have access to institutional shares and they fit your asset allocation goals you will be able to save on expenses there. Any of those Vanguard funds you list look good if they fit into your ...
by FOGU
Sat Jun 09, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard STAR, Vanguard 2030 TDF, pay extra toward the house, or other?
Replies: 22
Views: 1344

Re: Vanguard STAR, Vanguard 2030 TDF, pay extra toward the house, or other?

I own the STAR fund also. Why is the tax efficiency bad for this? Because the STAR fund realizes and distributes significant long term and short term capital gains. Not to mention the expense ratio of .32%. STAR is 60/40 blended, with international exposure and significant short-term reserves. You ...
by FOGU
Sat Jun 09, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1701

Re: Asset Allocation 53 years old

Probably could save a bit more. But being self employed I lose more to FICA and Medicare (Pay both sides) and get hit full force with healthcare which runs about $25k a year. My tax bill is pretty big. My income is probably closer to $190k if I were employed by a company. If you put your mind to it...
by FOGU
Sat Jun 09, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1701

Re: Asset Allocation 53 years old

Can you up your savings rate? $30k on an income of $225k is a 13.3% savings rate. That also calculates to $195k going out the door every year in taxes and spending. Saving more will get you to your retirement goal more assuredly and more quickly than anything else you could do, and give you room to ...
by FOGU
Sat Jun 09, 2018 12:09 am
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 20
Views: 1726

Re: How does an investor best adjust asset allocation from 85/15 to 70/30?

PFInterest wrote:
Sat Jun 09, 2018 12:03 am
you click: convert 150K to total bond.
That was easy.
by FOGU
Fri Jun 08, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 20
Views: 1726

How does an investor best adjust asset allocation from 85/15 to 70/30?

Let's say an investor has a portfolio of $1 million that is 85/15 stocks/bonds, divided 50% taxable and 50% tax-deferred traditional IRA. Let's say this investor decides that due to his age, circumstances and upcoming life transitions a more suitable asset allocation is 70/30. How would this investo...
by FOGU
Fri Jun 08, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard STAR, Vanguard 2030 TDF, pay extra toward the house, or other?
Replies: 22
Views: 1344

Re: Vanguard STAR, Vanguard 2030 TDF, pay extra toward the house, or other?

I own the Vanguard STAR fund too, in a taxable account. Had it 20 years or more. I've learned a lot since then. In the Vanguard portfolio analysis the STAR fund is one that is singled out as a place where I could improve tax efficiency. Thus I would sell it if I could but I don't want to get taxed o...
by FOGU
Fri Jun 08, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 269
Views: 31425

Re: KF's Worst Case Retirement Plan

Klangfool, see it this helps, Maybe if you follow the plan on this webstie it will work. I have been reading this site for a couple of years. The family lives frugal and both retired early. I beleive 40s.. I believe they live off of $30,000yr http://www.mrmoneymustache.com Certainly some of the ide...
by FOGU
Thu Jun 07, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2910

Re: Just added bonds to portfolio

To KlangFool. Thanks again. At the risk of being a bore, I am going to quote myself from a previous thread (the numbers are slightly different from those on the Vanguard page but the principle is the same): Here is a simple example of how I put numbers to the concepts: Let's say on a portfolio of $...
by FOGU
Thu Jun 07, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2910

Re: Just added bonds to portfolio

To KlangFool. Thanks again. At the risk of being a bore, I am going to quote myself from a previous thread (the numbers are slightly different from those on the Vanguard page but the principle is the same): Here is a simple example of how I put numbers to the concepts: Let's say on a portfolio of $1...
by FOGU
Thu Jun 07, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2910

Re: Just added bonds to portfolio

OP, 1) If the stock drops 50% and stays down for 5 years, can you retire? 2) If you are 5 years from early retirement, 85/15 seems a bit too aggressive for me. KlangFool To KlangFool (and anyone else): What is your recommended asset allocation in that circumstance, 5 years from early retirement? If...
by FOGU
Thu Jun 07, 2018 12:45 am
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2910

Re: Just added bonds to portfolio

OP, 1) If the stock drops 50% and stays down for 5 years, can you retire? 2) If you are 5 years from early retirement, 85/15 seems a bit too aggressive for me. KlangFool To KlangFool (and anyone else): What is your recommended asset allocation in that circumstance, 5 years from early retirement? If...
by FOGU
Wed Jun 06, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12243

Re: Why Edward Jones?

Financial paperwork is complicated. DD just inherited two IRA's from my Mom. She also has a Roth IRA and a taxable account (formerly custodial account) I set up for her. DD also has her bank account and a 401k at work. Six accounts (2 with RMD's) for a 21 year old! They are currently spread across ...
by FOGU
Fri Jun 01, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Advice/referral: Ex-pat tax preparation
Replies: 6
Views: 749

Re: Advice/referral: expate tax preparation

international001 wrote:
Fri Jun 01, 2018 8:58 am
KNowlege has value, mechanics doesn't

Pay for tax preparation the first year. Understand the paperwork and do it yourself the next year
Good point.
by FOGU
Fri Jun 01, 2018 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Advice/referral: Ex-pat tax preparation
Replies: 6
Views: 749

Re: Advice/referral: expate tax preparation

Fellow ex-pat here. I use an accounting firm in the US to prepare my federal return. Apart from the expat issues the return is not complicated. They charged me $950. Don't know if that constitutes an arm and a leg or not. I expect you will get a lot of bogleheads to respond that you don't need to pa...