Search found 15606 matches

by abuss368
Tue Nov 19, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1989
Views: 207673

Re: U.S. stocks continue to soar!

It amazes me that there is a large part of the working population who have never experienced, in their working lifetime, a serious down turn in the market. Days like we might have today have become the new "normal" for a large swath of the investing population. Since we are finger wagging: It amaze...
by abuss368
Sun Nov 17, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

As I look back over the past decade (and longer) the returns for international are much less than domestic. A Two Fund Portfolio would have provided a much better result with much less complexity. The quote Taylor provided from Mr. Bogle above noting the returns of domestic and international since 1...
by abuss368
Sun Nov 17, 2019 10:57 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

It seems strange to me that people admire Buffet's 90/10 retiree allocation. Many wouldn't recommend that for a person in the early accumulation stage. Buffet is a great investor but he doesn't invest a la a Boglehead. He is a value investor aka market timer that is sitting on 111 billion waiting f...
by abuss368
Sun Nov 17, 2019 10:40 am
Forum: Personal Investments
Topic: Update Portfolio Review!!!!
Replies: 13
Views: 920

Re: Update Portfolio Review!!!!

An excellent strategy and one that reminds me of Jack Bogle’s Two Fund Portfolio of Total Stock and Total Bond. Why not simply invest in those two funds and place in each account? Add to them during your career and you will be fine over time.

Keep investing (and life) simple.
by abuss368
Sat Nov 16, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149861

Re: Fidelity as a one stop shop

Could one imagine if Vanguard would become a one stop shop like Fidelity?
by abuss368
Sat Nov 16, 2019 3:51 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

Bogleheads: When I was writing The Bogleheads' Guide to the Three-Fund Portfolio, I asked Mr. Bogle if he would write the Forward. He immediately replied "of course." I was thrilled. I sent Jack an advance copy of the book which included my recommendation for an international fund. He called me bac...
by abuss368
Sat Nov 16, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

We kept a manual paper ledger for years. Eventually I begin to question the purpose of logging into our account online and copying transactions into the ledger. I arrived at the conclusion to write down outstanding checks only. Now we simply log on and with all bills paid on only two calendar days, ...
by abuss368
Sat Nov 16, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 113
Views: 11577

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

This could be said at time for any asset class. When least expected the asset class will out perform. If a portfolio is truly diversified there will be asset classes at any one time that are out performing and under performing.

Stay the course.
by abuss368
Fri Nov 15, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

I don't keep a paper register, but I do enter all checking account transactions in Quicken. I'm writing very few checks these days (mostly for school activities for my kids) but since I use that account to pay credit cards, utilities, car and mortgage payments, charitable donations, and regular mon...
by abuss368
Fri Nov 15, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund
Replies: 25
Views: 2268

Re: Total Bond Market Index Fund

In my opinion any short or intermediate term investment grade bond fund that is low cost and diversified will provide both safety and income to a portfolio.
by abuss368
Fri Nov 15, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund
Replies: 25
Views: 2268

Re: Total Bond Market Index Fund

We have invested in Total Bond Market for a long time and will never consider removing. There is good reason why it is the largest bond fund on the PLANET. It simply does the job.

Vanguard investment experts recommend a two bond fund strategy: Total Bond and Total International Bond.
by abuss368
Fri Nov 15, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

I like the idea of consolidating your due dates for your bills. I never would have thought of that. Thanks! Neither did I previously! I put some thought into how we could simplify and have a 100% accurate cash number. Change all due dates to two dates in a month. No other transactions in cash. Thus...
by abuss368
Thu Nov 14, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

Excellent updated thoughts.

Thanks Bogleheads!
by abuss368
Thu Nov 14, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2633
Views: 1715755

Re: The Three-Fund Portfolio

I (we) have been using a three-fund portfolio (actually, more like 7, among different account types between my wife and me) for about 12 years now. We've been responsible, saved 20%+ of income and had salary increases along the way, and thankfully no periods of unemployment. We are 34 years old and...
by abuss368
Thu Nov 14, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

We have minimal transactions that post to the checking account and use the credit card for everything. Only a couple utilities, insurance, and loans. We changed all payment due dates for all bills to one of two specific dates during the month. Essentially the result is the cash balance that is onli...
by abuss368
Thu Nov 14, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

I dropped quicken a few weeks ago. I now use check register template in Google sheets. It's super simple and free. I access it via my phone and my laptop. We're also in the minimalism journey electronically and physically. We're moving most of our files to the Google cloud. For security we're using...
by abuss368
Wed Nov 13, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

We have minimal transactions that post to the checking account and use the credit card for everything. Only a couple utilities, insurance, and loans. We changed all payment due dates for all bills to one of two specific dates during the month. Essentially the result is the cash balance that is onli...
by abuss368
Wed Nov 13, 2019 9:03 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

I was in a "one fund" portfolio from early 1990's until a few months before retirement when I moved 20% to VBTLX, so now I'm in a two fund portfolio (80/20 in VTSAX/VBTLX). How has that worked for you? Any regrets on not having all the complexity? No regrets. DW and I heard Jack speak at an event i...
by abuss368
Wed Nov 13, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5201

Re: Cash & Checkbook Register Reconciliation

We have minimal transactions that post to the checking account and use the credit card for everything. Only a couple utilities, insurance, and loans. We changed all payment due dates for all bills to one of two specific dates during the month. Essentially the result is the cash balance that is onlin...
by abuss368
Wed Nov 13, 2019 8:07 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

galawdawg wrote:
Wed Nov 13, 2019 7:58 pm
I was in a "one fund" portfolio from early 1990's until a few months before retirement when I moved 20% to VBTLX, so now I'm in a two fund portfolio (80/20 in VTSAX/VBTLX).
How has that worked for you? Any regrets on not having all the complexity?
by abuss368
Wed Nov 13, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28339

Re: Jack Bogle - Two Fund Portfolio

Bogleheads -

Would like some updated comments. How many follow and invest in Mr. Bogle’s Two Fund Portfolio and have passed on international stocks, international bonds, REITs, and other funds?
by abuss368
Wed Nov 13, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Apple TV vs Competitors
Replies: 31
Views: 2480

Re: Apple TV vs Competitors

We have Apple TV’s and a Firestick. Outside of Photos and iTunes not sure of any other differences. Although it is nice to have all devices talk to each other.
by abuss368
Tue Nov 12, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 153
Views: 23213

Re: Rich people are hoarding cash

There is an article floating around from Blackstone that a large sell off like 2008 may be in the cards!
by abuss368
Mon Nov 11, 2019 7:10 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4800
Views: 1251104

Re: What Movie Have You Recently Watched?

Frozen Ground on Hulu. True story and enjoyed it.
by abuss368
Sun Nov 10, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2960

Re: Cutting the Cord & Live Television

I enjoy/need live news. Both general and business news. I have a 3 fund portfolio, but still enjoy the business news channels as well as the other cable news channels. If it wasn't for those, I could do without live TV. I had PS Vue streaming. I recently switched to Youtube TV streaming. Both are a...
by abuss368
Sun Nov 10, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15202

Re: Bank of America declares 'the end of the 60-40' standard portfolio

no, i dont own any bonds at all. im still not sure how i will invest in bonds when it comes to that. maybe currency hedged global bonds like BNDW or maybe just US intermediate. i have no idea. equity index investing is super simple. bonds are a lot more difficult for me to wrap my head around. The ...
by abuss368
Sun Nov 10, 2019 12:44 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2853

Re: Umbrella Policy - when does it NOT cover something?

Umbrella typically only expands $$ of coverage, not the types of perils covered. Key distinction. So in a sense the answer is easy ... Umbrella will not cover you if the underlying auto / homowners / landlord policy will not cover you. That is my understanding as well. One is not purchasing a new t...
by abuss368
Sun Nov 10, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15202

Re: Bank of America declares 'the end of the 60-40' standard portfolio

Maybe the bank sees risk in bonds in general? I believe this "risk", which may or may not show up, is perhaps why Vanguard no longer recommends U.S. bonds only but also includes international bonds. i could buy vanguards intermediate bond fund and hope to make 2-3% moving forward. it has averaged ~...
by abuss368
Sun Nov 10, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15202

Re: Bank of America declares 'the end of the 60-40' standard portfolio

Maybe the bank sees risk in bonds in general? I believe this "risk", which may or may not show up, is perhaps why Vanguard no longer recommends U.S. bonds only but also includes international bonds.
by abuss368
Sun Nov 10, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15202

Re: Bank of America declares 'the end of the 60-40' standard portfolio

I am not sure why any fiduciary of investors assets would recommend such reckless strategies.
by abuss368
Sun Nov 10, 2019 9:38 am
Forum: Personal Investments
Topic: Bonds in your taxable - any examples?
Replies: 10
Views: 1036

Re: Bonds in your taxable - any examples?

Another positive for us having bonds in a taxable account was during the financial crisis we had bond in all account that allowed us to rebalance (with new money added too).
by abuss368
Sun Nov 10, 2019 9:37 am
Forum: Personal Investments
Topic: Bonds in your taxable - any examples?
Replies: 10
Views: 1036

Re: Bonds in your taxable - any examples?

In my opinion the strategy that works is the one that works well fro you and allows you to sleep at night. If the market gets cut in half, and an equity only account is decimated will that impact you. I understand at looking at the overall portfolio and not individual accounts but some investors may...
by abuss368
Sun Nov 10, 2019 9:35 am
Forum: Personal Investments
Topic: Bonds in your taxable - any examples?
Replies: 10
Views: 1036

Re: Bonds in your taxable - any examples?

Can someone who knows this really well do a hypothetical portfolio example where one account had bonds in taxable and another did not, and the hypothetical gains by not having the bonds in your taxable? I see people recommend this all the time, but just how much of a difference does it really make?...
by abuss368
Sat Nov 09, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2960

Re: Cutting the Cord & Live Television

Thanks Bogleheads for the wonderful and useful responses.
by abuss368
Thu Nov 07, 2019 10:25 pm
Forum: Investing - Theory, News & General
Topic: REITS no longer cheap
Replies: 63
Views: 10084

Re: REITS no longer cheap

The bond aspect of real estate is present when there are long term leases (10 year plus) the real estate aspect is when the leases/rentals or shorter term. The value of the long term leased real estate is the maximum of the cash flows from the leases (the bonds) or the value of the real estate to o...
by abuss368
Thu Nov 07, 2019 10:24 pm
Forum: Investing - Theory, News & General
Topic: REITS no longer cheap
Replies: 63
Views: 10084

Re: REITS no longer cheap

One aspect that gets lost when looking at REITs as group is they are hybrids of real estate and other leased property and bonds of their lessors. Packer not really following that... I agree. When reading the excellent book "Investing in REITs" by Ralph Block I came away with an entirely different p...
by abuss368
Thu Nov 07, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: Philadelphia Inquirer reports--Vanguard cut fees, this time on 15 S&P and Russell index-based ETFs
Replies: 13
Views: 1909

Re: Philadelphia Inquirer reports--Vanguard cut fees, this time on 15 S&P and Russell index-based ETFs

Vanguard is the only "mutual" mutual fund company. And how does that help me, exactly? As the post above yours indicates, it does not mean Vanguard has the lowest cost funds. it ensures the company puts your interests first because the company is owned by the funds and the investors in the funds ar...
by abuss368
Thu Nov 07, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re:

I have retired family that keep the RMD process simple and take 100% of the RMD at the start of the new year. This simplicity has worked well. This method prevents taking full advantage of QCDs. Now, if they do not give anything to charities, then it doesn't matter so much. QCDs are a wonderful tax...
by abuss368
Thu Nov 07, 2019 8:15 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2853

Re: Umbrella Policy - when does it NOT cover something?

Umbrella typically only expands $$ of coverage, not the types of perils covered. Key distinction. So in a sense the answer is easy ... Umbrella will not cover you if the underlying auto / homowners / landlord policy will not cover you. That is my understanding as well. One is not purchasing a new t...
by abuss368
Thu Nov 07, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 93
Views: 14249

Re: Tax Loss Harvesting - Is it worth it?

I have not done any tax lost harvesting in a long time. Just buying and staying the course. I recall an interview where Mr. Bogle did not seem to recommend it. But again, everyone should take a look at their own situation. I would never expect a Pennsylvanian, like Mr. Bogle, to give me tax advice ...
by abuss368
Thu Nov 07, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2398

Re: Question on refilling prescriptions

Many years ago because of a change in health benefits with an employer I purchased a lot of subscriptions with Health Warehouse. They do not take insurance but the direct costs was often lower.
by abuss368
Thu Nov 07, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

I have retired family that keep the RMD process simple and take 100% of the RMD at the start of the new year. This simplicity has worked well.
by abuss368
Thu Nov 07, 2019 8:08 pm
Forum: Personal Investments
Topic: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?
Replies: 21
Views: 1760

Re: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?

I had Optum at a previous employer. They are huge in the HSA realm. I would not worry about $36 a year fee.
by abuss368
Thu Nov 07, 2019 8:07 pm
Forum: Personal Investments
Topic: Short-Term Investment
Replies: 10
Views: 659

Re: Short-Term Investment

Welcome to the forum. I would consider a savings account, money market fund, or a very short term bond fund if you want to stretch a little for yield (and understand the risks of moving further out the branch of a tree).
by abuss368
Thu Nov 07, 2019 8:06 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 93
Views: 14249

Re: Tax Loss Harvesting - Is it worth it?

I have not done any tax lost harvesting in a long time. Just buying and staying the course. I recall an interview where Mr. Bogle did not seem to recommend it.
by abuss368
Thu Nov 07, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: Wait for Social Security - breakeven returns
Replies: 107
Views: 9832

Re: Wait for Social Security - breakeven returns

"I have both calculated the tax consequences and even paid them. Essentially I am in a tax bracket where 85% of my SS is taxable as ordinary income." How severely did your claiming early affect Roth conversions and those taxes? Our income is too high to make Roth contributions both with and without...
by abuss368
Thu Nov 07, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2960

Re: Cutting the Cord & Live Television

Dropped cable, returned all the boxes and packets and remotes, kept internet only. Saves $100/mth. Never miss it. Installed an RCA HD antenna in my 2nd floor attic very easily, pointed to the stations, great reception on all the major networks, about 50 stations. I already had Netflix and Prime. St...
by abuss368
Thu Nov 07, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2960

Re: Cutting the Cord & Live Television

We got rid of cable years ago. Stream Netflix and HBO and watch antenna TV. However, the signal is weather dependent. Sometimes it is pixaled or no signal unlike pre-digital TV where the picture may have been snowy but there always was a picture. Ah, progress. But I do have a remote unlike when I w...
by abuss368
Thu Nov 07, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: The hidden cost of Fidelity’s ZERO funds
Replies: 66
Views: 5628

Re: The hidden cost of Fidelity’s ZERO funds

I may be misunderstanding. If a company (held in a fund) pays a dividend, the fund collects the dividend, and the fund will either reinvest the dividend or pay the fund shareholder. Agree there is zero impact at that moment in time (accounting and not economic). If the fund holds on the dividend an...
by abuss368
Thu Nov 07, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 135
Views: 18312

Re: Do you invest in Real Estate ? Why ?

REITs are also receiving the IRC Section 199A deduction. This is reported on the Form 1009-DIV.