Search found 112 matches

by FOGU
Tue Aug 07, 2018 5:26 am
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12595

Re: "Age in Bonds" fails almost everyone

How old are you? A 90 year old would have experienced the severe financial and emotional repercussions of the Great Depression. You need to do some more reading, old wives tales? Smh! I'm old enough to recognize the human tendency to always fight the last war. I’m 40, I have ten million in assets, ...
by FOGU
Sun Aug 05, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for teen
Replies: 19
Views: 1457

Re: Roth IRA for teen

I like the Vanguard Star fund for these accounts. ($1,000 MIN to open and can add as little as $1 at a time.) I like "matching" suggestion too! Except I don't like the expense ratio of .32% of the STAR fund. Also, STAR is 60/40. The investment time horizon of a child justifies putting it all in a 1...
by FOGU
Wed Jul 25, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for teen
Replies: 19
Views: 1457

Re: Roth IRA for teen

I like the Vanguard Star fund for these accounts. ($1,000 MIN to open and can add as little as $1 at a time.) I like "matching" suggestion too! Except I don't like the expense ratio of .32% of the STAR fund. Also, STAR is 60/40. The investment time horizon of a child justifies putting it all in a 1...
by FOGU
Tue Jul 24, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for teen
Replies: 19
Views: 1457

Re: Roth IRA for teen

Some Bogleheads do contribute the full amount of their children's wages up to the limit without the children contributing a dime. I think it misses a learning opportunity. I think it is better to have something like the child contributes a minimum of 15% of their wages with 100% matching from mom &...
by FOGU
Wed Jul 18, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7059

Re: How do you handle the urge to DO something?

So you subscribe to the school of thought, "Don't just sit there. Do something."

Try the following: "Don't just do something. Sit there."

Get over it.
by FOGU
Wed Jul 18, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2641

Re: When to invest 100000?

By all means short VTI.

At 100% certainty you are sure to make money on the crash.

Then buy in when you are 100% sure the market has reached bottom and you will make boatloads of money on the way up.

At 100% certainty this is a flawless plan.
by FOGU
Mon Jul 16, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. expat starting to invest
Replies: 7
Views: 684

Re: U.S. expat starting to invest

I guess I'm confused by your statement that I have no "private savings". I said in my original post that I've saved $100k.
I guess I was confused by the following information:
Current Retirement Assets: 0
by FOGU
Sun Jul 15, 2018 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. expat starting to invest
Replies: 7
Views: 684

Re: U.S. expat starting to invest

Does this plan make sense? What are your thoughts on my being able to retire in 20-25 years? What is the plan, exactly? You are 40 years old with no private savings and no pension to fall back on. Who are you counting on to pay your expenses in your retirement and old age? Are you a US citizen? If ...
by FOGU
Thu Jun 28, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. brokerages and retiring abroad
Replies: 44
Views: 5121

Re: U.S. brokerages and retiring abroad

I disagree with the recommendation to lie to your brokerage by giving a false address when required to provide your address of residence. This likely breaks the terms of your contract with the brokerage who you will be relying on if anything goes wrong with your account. Better hope nothing goes wr...
by FOGU
Thu Jun 28, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. brokerages and retiring abroad
Replies: 44
Views: 5121

Re: U.S. brokerages and retiring abroad

Here's my approach and the approach I suggest. I have lived abroad for over 10 years now and never had even the first question from Vanguard. I get the pay from my work deposited there and I have been checking in on my accounts regularly via internet. First, just keep your mouth shut about where you...
by FOGU
Sun Jun 24, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: What does it mean: Rule No. 1: Never lose money
Replies: 75
Views: 7104

Re: What does it mean: Rule No. 1: Never lose money

I'm not so willing to entirely discount anything WB attaches importance to, and he repeats this 'rule' with gusto in the recent biographic documentary. In simpler terms, I think he meant to be "risk averse", (rather than "loss averse"). The latter term is the more common understanding of the words ...
by FOGU
Sun Jun 24, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: How to help my teen (14) grow their savings faster?
Replies: 18
Views: 1709

Re: How to help my teen (14) grow their savings faster?

Match all or a % of what she saves. My parents did this for me as a kid and seeing not just your money, but theirs as a result of your hard work was easy and simple motivation. This way it’s not the bank of dad, but the earned interest of dad. A financial foundation is great, but don’t forget to le...
by FOGU
Sun Jun 24, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 68
Views: 5215

Re: "Never time the market" vs. lump sum investment

The asset allocation I am interested in is 100% equity.... You say you have no experience so you cannot possibly know what it will feel like for your (let's call it) $1 million to shrink to about $500k over 6 months or so and stay in that neighborhood for a year or so. It is devastating. Many call ...
by FOGU
Sat Jun 23, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 16
Views: 1422

Re: What am I overlooking?

shouldIbeworried wrote:
Sat Jun 23, 2018 11:05 pm
Thanks to everyone for the feedback. I have much to think about and realize I probably should be a little more worried!

Appreciate all the good advice. Thank you.
Hope you will dispense with the worry and spend that energy and effort on analysis and planning.
by FOGU
Thu Jun 21, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 23
Views: 2156

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. i TLH that much 2 months ago. its not...
by FOGU
Thu Jun 21, 2018 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: How does an investor best adjust asset allocation from 85/15 to 70/30?
Replies: 23
Views: 2156

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. i TLH that much 2 months ago. its not...
by FOGU
Thu Jun 21, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 93
Views: 5841

Re: Struggling - Seeking Advice to Get On Track

...as you can tell I am pretty dense when it comes to this stuff - to say the least. You need to get over this mindset now. Like yesterday. You are surely accomplished in some field of endeavor, are you not? Do you think this Edward Jones guy has some magic ability that you don't? He doesn't. Yet y...
by FOGU
Wed Jun 20, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14918

Re: How much (green) cash at home for emergency ?

At least $5k in greebacks in easy access at all times. At least.
by FOGU
Wed Jun 20, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 60
Views: 8930

Re: Merrill Edge best choice for higher net worth accounts?

I love Vanguard, but for accounts over 1,000,000 you don't really get any benefits from it. Their website has been a little clunky for me and I've heard their customer service isn't the best.
"I've heard...." I think you've heard wrong.
by FOGU
Tue Jun 19, 2018 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12456

Re: Retire at 50: Should I?

Cool. Don't see a worry in the world about money.
by FOGU
Mon Jun 18, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 96
Views: 9667

Re: Very confused with the current market

alex_686 wrote:
Sun Jun 17, 2018 10:13 pm
FOGU wrote:
Sun Jun 17, 2018 4:50 pm
Just downloaded the free Kindle version. I was looking for a new book. A new free book. Thank you for the citation.
Can you report back here on what you think? I think it is a great book and I have recommended it before, but it is a bit dense and technical.
You bet.
by FOGU
Sun Jun 17, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 96
Views: 9667

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: 33
Views: 4001

"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: 1400

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: 1244

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: 29
Views: 2718

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: 8
Views: 1302

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: 1950

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: 1831

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: 1831

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: 1765

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: 1831

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: 1831

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: 7695

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: 60
Views: 8300

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: 2480

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: 3487

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: 3487

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: 707

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: 134
Views: 11830

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: 1950

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: 1950

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: 883

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: 20
Views: 2468

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: 883

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: 304

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: 32
Views: 2322

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.