Search found 2270 matches

by sschullo
Sat Nov 18, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3254

Re: Do you include the sale of your home as part of your retirement planning?

Hell YES! At retirement as it turned out, the sale of our primary house and a vacation rental resulted in not only paying cash for a very nice retirement home in Palm Springs area, but increased our portfolio with the proceeds about 40%. No lucrative salaries, because we were public school teachers,...
by sschullo
Sat Nov 18, 2017 8:44 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 128
Views: 8390

Re: Is holding bonds now dangerous?

Dangerous? This topic of a bond bull market Armageddon has been discussed here and on the financial media for years now. I have 68% bond portfolio. If all of the negative prognosticators come true, I would lose value in my portfolio, of course. However, I have A or better rated and have intermediate...
by sschullo
Wed Nov 15, 2017 12:07 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3055
Views: 902384

Re: What Movie Have You Recently Watched?

Blade Runner this afternoon. I agree with the 'way too long' comment, all scenes are drawn out and just last forever. Aside from that, I thought it was well done, the storyline did seem fairly coherent to me, and er, yeah, the bad guys were quite clearly identified (what is it with American movies ...
by sschullo
Mon Nov 13, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2632

Re: What might you ask In-laws' FA?

An older aunt invited me in with her FA once. She was 80 and worth about 40 mil. Her FA at Merrill Lynch was an old fellow that she spoke highly of. They had been together for a long long time. I met the fellow. Smiled. Acted courteous. That was it. Her relationship with her FA was stronger than he...
by sschullo
Mon Nov 13, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2632

Re: What might you ask In-laws' FA?

This is very interesting. You need to find out their motive for asking you. This is a touchy situation as you have already read from the other posters. After all of these years, I would ask them has anything changed that they now want you to go with them? Have they read something or another friend o...
by sschullo
Mon Nov 13, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Where to start investing?
Replies: 15
Views: 854

Re: Where to start investing?

Also: If You Can: How Millennials Can Get Rich Slowly by Bernstein https://www.amazon.com/If-You-Can-Millennials-Slowly/dp/098878033X/ref=sr_1_4?ie=UTF8&qid=1510543577&sr=8-4&keywords=bernstein+investing My sons call it the "egg book". j :D You got a lot to read, all great stuff: Here is my Amazon ...
by sschullo
Sat Nov 11, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 180
Views: 14620

Re: Why NOT make more money?

Disclaimer, I'm not retired yet. Retire when you can comfortably do so if you have other things you want to pursue that do not align with continuing to work. To put things in perspective, here's an anecdote: This week, a former coworker passed away. He tried to retire a couple years ago, but was co...
by sschullo
Fri Nov 03, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 150
Views: 16576

Re: Vanguard 403b Changes

Newport does not accept contributions via ACH. They will have to be mailed in just like it was done with Vanguard :( Where did you get that information about Newport from? My contribution goes into my Vanguard account within 3 days after I get my pay-stub and I don't think that happens if it was ma...
by sschullo
Thu Nov 02, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Transferring Voya 403b to another Annuity.
Replies: 12
Views: 791

Re: Transferring Voya 403b to another Annuity.

Yes, he definitely told us that. I thought maybe I was wrong, but I just asked my wife and she said the same thing. I am glad that I joined this site. Thanks. 403b sales people are very good with their self-interests because there are not enough people like you to come here and get a 2nd opinion. T...
by sschullo
Wed Nov 01, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 25010

Re: Iphone X is $1000

By "sold out," I'm pretty sure the poster meant the phones that were guaranteed to arrive on launch day. In other words, if you order now, Apple is saying you shouldn't expect it to ship for 5-6 weeks. Apple reportedly has 2-3 million on hand, and those "sold out" within minutes. Apple always plays...
by sschullo
Wed Nov 01, 2017 8:20 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 25010

Re: Iphone X is $1000

By "sold out," I'm pretty sure the poster meant the phones that were guaranteed to arrive on launch day. In other words, if you order now, Apple is saying you shouldn't expect it to ship for 5-6 weeks. Apple reportedly has 2-3 million on hand, and those "sold out" within minutes. Apple always plays...
by sschullo
Wed Nov 01, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Mom's 403b and Required Minimum Distribution(RMD)
Replies: 9
Views: 670

Re: Mom's 403b and Required Minimum Distribution(RMD)

Bond funds in a taxable account generate dividends which are taxed at your parent's income tax rate (15%?). The Total Stock Mkt Index fund generates mostly "qualified" dividends which are taxed at 0% in the 15% income tax bracket. That's why it probably better to have your bond fund in the 403b. :h...
by sschullo
Wed Nov 01, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Transferring Voya 403b to another Annuity.
Replies: 12
Views: 791

Re: Transferring Voya 403b to another Annuity.

Exchanging one annuity for another makes no sense what so ever. Illiquidity, pathetic returns, and commissions are huge problems with annuities. Sales people will say anything to get a sale, and its only in the contract with their confusing language that they will abide by. Since you are new here, l...
by sschullo
Wed Nov 01, 2017 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Mom's 403b and Required Minimum Distribution(RMD)
Replies: 9
Views: 670

Re: Mom's 403b and Required Minimum Distribution(RMD)

Bond funds in a taxable account generate dividends which are taxed at your parent's income tax rate (15%?). The Total Stock Mkt Index fund generates mostly "qualified" dividends which are taxed at 0% in the 15% income tax bracket. That's why it probably better to have your bond fund in the 403b. :h...
by sschullo
Wed Nov 01, 2017 5:49 am
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15074

Re: What was the main reason you retired?

Oh gosh, reasons for retirement are as numerous as the atoms in the universe, because it is so individual. Still, it's an old and jaded question BUT still interesting because as time in retirement goes on and on (9+ years now) my perception of my life and how my retirement planning during my working...
by sschullo
Mon Oct 30, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Anyone use individual Bonds instead of Bond Funds in retirement fund?
Replies: 18
Views: 1385

Re: Anyone use individual Bonds instead of Bond Funds in retirement fund?

Originally thinking about Bond Funds for diversity but after doing some research they do appear to be less risky than Stocks, but still risky. Then I thought why not lock in with individual Bonds. Sure I may be giving up potentially higher yields but I really won't care as much about inflation or r...
by sschullo
Sun Oct 29, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 11935

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I hear ya. Not sure what I was saying but here is my off the wall thoughts about simplicity: Most 3rd graders could construct a 3 fund portfolio. But simplicity is not respected in the real world, and then there are the complex and explosive emotions that could ruin a simple (and great) plan in a n...
by sschullo
Sun Oct 29, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 11935

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Wonderful news! A book on three funds, can't get simpler than that. I've wondered why people are so ... use your own descriptor ... that a book is needed to explain the concept. I hear ya. Not sure what I was saying but here is my off the wall thoughts about simplicity: Most 3rd graders could const...
by sschullo
Fri Oct 27, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 11935

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Wonderful news! A book on three funds, can't get simpler than that.
by sschullo
Thu Oct 26, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 164
Views: 14915

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Jack Bogle. +1 I used to refer friends to National Association of Personal Financial Advisers, but their AUM of 1.0% plus the cost of the investments gives me pause. I will never use one and so I try and encourage friends and relatives to go ahead and hire a NAPFA or Garrett pro for a couple of yea...
by sschullo
Sat Oct 21, 2017 5:35 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2637

Re: 401k "only" up 13.5% YTD

my 30 stock 70% bond allocation is up 7% YTD, and I am very happy 70-year-old camper! The primary goal of investing is to return enough to meet or beat inflation, pay taxes on distribution and investment costs. So far, 13.5% is great! The only factors under your control are investment costs, stock-b...
by sschullo
Mon Oct 16, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Low cost 457 plans
Replies: 15
Views: 901

Re: Low cost 457 plans

This continues to be baffling. The gov. now requires most plans (401ks) to be qualifying plans subject to ERISA rules and the new fiduciary standards, but 403b and 457 state gov plans continue to be exempt from both, hence, the high costs. *Intended as a notation, but do not wish to get off topic. ...
by sschullo
Sun Oct 15, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 107
Views: 7075

Re: How does everyone keep track of your portfolio?

I have been using M* portfolio feature since 1994. All you have to do is create a free account, insert ticker and number of shares, and what you paid (not necessary but interesting). Has gazillion statistics, updates after the close of markets every day and is totally free. You can download the port...
by sschullo
Sun Oct 15, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 7453

Re: How long for hedonic adaptation to set in?

OKAY, Victoria lets save this thread! One of my favorite MMM's pieces is on this very topic: http://www.mrmoneymustache.com/2011/10/22/what-is-hedonic-adaptation-and-how-can-it-turn-you-into-a-sukka/ And he wrote about the stoic book mentioned above: http://www.mrmoneymustache.com/2011/10/02/what-is...
by sschullo
Wed Oct 11, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 15092

Re: [Boglehead vs Mr Money Mustache philosophies]

Lastly, it's his thinking and life philosophy that I value. My goodness, he has a life philosophy that apparently millions of his viewers want to emulate, and I think most Bogleheads would like our friends and family to cut back on spending, reduce stress, learn to manage and invest their money, fe...
by sschullo
Wed Oct 11, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 15092

Re: [Boglehead vs Mr Money Mustache philosophies]

AND ONE MORE THING: HE DOES NOT HAVE ANY ADS ON HIS WEBSITE, just like here!!!!!! Seems odd for him to make $400K a year from the site without any ads doesn't it? These don't count? http://www.mrmoneymustache.com/mmm-recommends/ There are ads at the bottom of the page in both the blog and the forum...
by sschullo
Wed Oct 11, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281911

Re: What are you up YTD? [Year To Date]

6.6% YTD
Not bad for a boring 32%/68% allocation.
VG International is up 22%!
by sschullo
Mon Oct 09, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 15092

Re: [Boglehead vs Mr Money Mustache philosophies]

Not much different at all. My goodness, MMM single-handedly writes about the most boring subject of all time, frugal living and a healthy philosophy (creating a low cost indexed and diversified portfolio is almost as boring, for most people). When people cut back on their spending, then they can com...
by sschullo
Wed Oct 04, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Some Hand-Holding
Replies: 17
Views: 1291

Re: Some Hand-Holding

Now you have heard it! As several others have already said about your AA. Your AA 80/20 is way too aggressive even with somebody with nerves of steel. If you regret cutting back last year because this year market gains are so great, you have entered into what I call (because I experienced it myself)...
by sschullo
Fri Sep 29, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Why is this person wrong? Says beating the market is easy.
Replies: 30
Views: 3081

Re: Why is this person wrong? Says beating the market is easy.

There is one thing that could propel anybody to beat the market--LUCK--but even that's short term.
Luck works in many other areas of life too. I am lucky to be alive after a stage 2 cancer scare 17 years ago, and I could go on.
by sschullo
Fri Sep 29, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Why is this person wrong? Says beating the market is easy.
Replies: 30
Views: 3081

Re: Why is this person wrong? Says beating the market is easy.

If beating the market is that easy for a pretty smart guy with a laptop, why aren't the huge firms with millions of dollars of computing power and a crack team of the top latest graduates from MIT, Harvard and CalTech doing it on a routine basis? EXACTLY!!!!! There are hundreds of highly elite mast...
by sschullo
Fri Sep 22, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8691

Re: Age you retired

61, nine years ago.
by sschullo
Wed Sep 20, 2017 6:38 pm
Forum: Forum Issues and Administration
Topic: Why so many 'negative' responses?
Replies: 20
Views: 2075

Re: Why so many 'negative' responses?

I have noticed a common trend. After someone posts a topic, most of the replies are usually very negative. I understand the point of discussing things is to consider other viewpoints and perhaps get a firmer understanding of the best practices, principles, and methods. I also understand that certai...
by sschullo
Tue Sep 19, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12960

Re: Any "average Joe" here actually make out well with individual stocks?

When I was 26, I had 10,000 shares in a company that I got for $1 a share. It was my dad's company, so I did no research before acquiring the stock. When I was 27, the stock was featured in Money Magazine's cover article, "5 Hot Stocks for 1987!" (or something like that). The stock went to split ad...
by sschullo
Mon Sep 18, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: Good books for bond investing?
Replies: 16
Views: 1263

Re: Good books for bond investing?

I personally don't and I'm afraid even if I did, I would be unable to read it because of the the technical and boredom of such a book. What I do find interesting and helpful is going to You Tube and watching the videos from Vanguard on the subject of bonds. All of their videos are excellent and emb...
by sschullo
Sat Sep 16, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 10529

Re: Companies/Brands You Love?

Surprised that no one has yet mentioned Vanguard. ETA: And since Vanguard is owned by its investors, doesn't that mean that, if you are Vanguard investor, you love yourself? I had a similar thought. I am not sure how I feel about Vanguard's significant growth of late (basis for a new thread) but wa...
by sschullo
Sat Sep 16, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 25331

Re: Name something you had to have and now you regret purchasing it?

Buying a house with a swimming pool. It's wonderful during the desert heat of summer, but only looks nice with the light on in the evenings during the remaining 9 months.
by sschullo
Sat Sep 16, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5301

Re: Mother-In-Law dying, Wife wants to buy a Porsche

I stopped reading after your wife said sweet ass Porsche. Anyone who equates happiness with material items will never be happy. In all due respect, I think she would be better served going to counseling. Good Luck! +2, 3, 4 and on! Wow! What a story OP! Your wife needs individual counseling and a b...
by sschullo
Wed Sep 13, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for 58 year old.
Replies: 23
Views: 2121

Re: Investment advice for 58 year old.

I think you would benefit from some professional financial planning, including -investment philosophy and vehicles -Tax strategy -Gifting to your heirs -Estate planning if you haven't addressed this. You could find an independent fee-only financial planner in your area. Allan Roth has been mentione...
by sschullo
Tue Sep 12, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 19254

Re: Is it really Worth it to brown bag your lunch at work?

Yep, I did. and whenever I could, I rode the subway and buses to work.
I also never bought a new car, until I retired and could well afford a 100% electric car.
Nothing complex, just good ole fashion common sense.
by sschullo
Mon Sep 11, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2807

Re: Wellington/Wellesley diversification help

Coachrhino11 wrote:
Mon Sep 11, 2017 11:33 am
maj wrote:
Mon Sep 11, 2017 7:13 am
This quarter Vanguard will introduce Global Wellington Fund and Global Wellesley Fund.
Why not take a look at these when offered?
peace
Interesting, definitely take a look. Thanks
+2,
will also look into Global Wellesley Fund. Thanks!
by sschullo
Mon Sep 11, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: ownership of "small cap value" stocks
Replies: 50
Views: 3633

Re: ownership of "small cap value" stocks

Sounds like you are a passive strategy investor looking at actively managed funds. I own most of my equity allocation in the TSM index, International index, and small allocation tilt towards blended small and mid-caps with the extended market index. For value tilt, I use VG Wellesley for my Roth IRA...
by sschullo
Fri Sep 08, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Do I need an Amazon Echo??.....
Replies: 68
Views: 5187

Re: Do I need an Amazon Echo??.....

Echo does some amazing things. I show it off with friends. Examples of questions: Life's unpredictable. Let me help. Just ask, "Alexa, tell me a life hack." ________________________________________ • "Alexa, tell me a story." • "Alexa, what happened today in history?" • "Alexa, recommend a skill for...
by sschullo
Sun Sep 03, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3647

Re: Why can't the future of stocks be predicted

Just about all we know is that over time, stocks will grow. We don't know how much, how fast or slow, when a crash, correction, steady growth, or a bubble will occur. It's called uncertainty.
by sschullo
Sun Sep 03, 2017 8:48 am
Forum: Local Chapters and Bogleheads Community
Topic: Stan died [Long time forum lurker]
Replies: 38
Views: 6556

Re: Stan died [Long time forum lurker]

A salute to you too Timmy! What a tribute to your friend, and a tribute to you for being a great friend to Stan. I just had dinner with a WWII friend who is 92, still kicking and screaming, driving his car, living independently, flirting with the waitresses who are so young he could adopt them. He l...
by sschullo
Fri Sep 01, 2017 6:06 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4693

Re: Robert Kiyosaki - rich dad, poor dad

There is only one thing he does well, extremely well--sell books. Over 32 million and counting!
by sschullo
Sat Aug 19, 2017 11:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads Los Angeles meetings
Replies: 145
Views: 15438

Re: Bogleheads Los Angeles meetings

I would attend future meetings if they were near a metro stop. Phillipes is two blocks away from Union Station, a major metro, and subway stop. Turn right as you exit US. Go down two blocks on Alameda, on the corner of Ord St and Alameda is Phillipes. Can't miss it. It has been there since the begi...
by sschullo
Fri Aug 18, 2017 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16806

Re: Lost $7000 today in ONE DAY!

Welcome to the investing world! I remember when my portfolio went up or down that amounted in a year's public teachers salary in ONE DAY back in the tech mania of the late 90s. Yeah, anywhere from $40,000 to $70,000 in one day (repeated over several months in the late 90s and early 2000s) because I ...
by sschullo
Sat Aug 12, 2017 8:20 am
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15204

Re: The Mathematics of Retirement Investing

If only taxable account is left, as per #Cruncher data (retirement income = current income-savings), assuming 25% tax bracket from $48,350 to $80k, this person would need to save 4.42% more of their monthly wages, correct? For a portfolio with 5.5% real vs 6.9%. For us Bogleheads, and for some of u...