Search found 7311 matches

by Call_Me_Op
Mon Nov 11, 2019 8:09 am
Forum: Personal Investments
Topic: Is it a good time to transfer my inflation protected securities balance to the S&P 500
Replies: 20
Views: 1558

Re: Is it a good time to transfer my inflation protected securities balance to the S&P 500

See screenshot. I have only 30k saved for retirement at age 51. House is only half paid for. I wondered if it is better to check the S&P Daily then chose a day where the percent is lowered to do the rollover? What would you do? Nov 12th I am also going to add an additional 4% to my Roth401k for a t...
by Call_Me_Op
Sun Nov 10, 2019 8:03 am
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 173
Views: 12735

Re: Spend It All vs. Leave $$ for the Kids

Spend what you need in order to enjoy the remainder of your life. Whatever is left goes to heirs and/or charity. Very simple.

Actually, I am in the camp of those who see leaving a large inheritance as a disservice. That said, I won't spend-down my assets just to try to deplete them.
by Call_Me_Op
Fri Nov 01, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Why is money such a taboo topic?
Replies: 12
Views: 1148

Re: Why is money such a taboo topic?

PackersFan12 wrote:
Fri Nov 01, 2019 9:10 am
Seriously, why? Why are people so afraid and uncomfortable to talk about money?
Focusing on money is seen my some as shallow.
by Call_Me_Op
Fri Nov 01, 2019 8:49 am
Forum: Investing - Theory, News & General
Topic: Treasury yield curve: changes for October 2019
Replies: 15
Views: 1641

Re: Treasury yield curve: changes for October 2019

Thought some folks might be interested in a visual of how Treasury yields changed in October: https://i.postimg.cc/L6LVFQbX/Screenshot-2019-10-31-Treasury-gov.png So shorter-term yields dropped significantly, while yields at 3-year maturity and beyond didn't change much or increased slightly. So no...
by Call_Me_Op
Mon Oct 28, 2019 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Random Treasury Check
Replies: 4
Views: 604

Re: Random Treasury Check

Is the check made out to you?
by Call_Me_Op
Sun Oct 27, 2019 7:45 am
Forum: Investing - Theory, News & General
Topic: Stock market index investing - problem of induction?
Replies: 41
Views: 3600

Re: Stock market index investing - problem of induction?

I can't provide a syllogism demonstrating you'll be rewarded by investing in the US stock market. That's a reason to diversify, e.g. internationally and bonds. No disrespect to Mr Hume, I live my life on the assumption that the sun will rise tomorrow morning. How about you? Well, the earth turns so...
by Call_Me_Op
Sun Oct 27, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: Do factors explain the benefit of int’l diversification?
Replies: 18
Views: 1764

Re: Do factors explain the benefit of int’l diversification?

Alternate theory about ex-US: 1. Far lower exposure to tech 2. Myriad of countries with investing protections inferior to US 3. Inability for US investors to get 100% foreign tax credit 4. The dollar is king and there’s no end in sight for that All of which are widely known and presumably baked-int...
by Call_Me_Op
Sat Oct 12, 2019 6:04 am
Forum: Personal Consumer Issues
Topic: Replace water heater just because it's old?
Replies: 73
Views: 5934

Re: Replace water heater just because it's old?

Seasonal wrote:
Fri Oct 11, 2019 3:48 pm
Would you replace a 13 year old water heater that seems to be working without any problems?
No, but I would at the slightest signs of a leak. However, if it is anywhere but a basement, I would replace based upon age.
by Call_Me_Op
Fri Oct 11, 2019 9:37 am
Forum: Investing - Theory, News & General
Topic: BRK-A or BRK-B for our grandchildren?
Replies: 33
Views: 3950

Re: BRK-A or BRK-B for our grandchildren?

magicrat wrote:
Fri Oct 11, 2019 7:39 am
If they love Buffet then they should follow his advice and invest in a low-cost S&P500 index fund.
+1
by Call_Me_Op
Fri Oct 11, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8209

Re: What’s the proper way to pay yourself in retirement?

I recommend over-saving to leave yourself some wiggle-room.
by Call_Me_Op
Fri Oct 11, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6533

Re: Artificial Intelligence and the stock market

masonstone wrote:
Wed Oct 09, 2019 11:22 am
With the explosion of AI that is coming in the next decade how do you think it'll affect the stock market?
In a way that cannot be predicted accurately.
by Call_Me_Op
Fri Oct 11, 2019 6:25 am
Forum: Personal Investments
Topic: Bond Allocation Choices at Retirement
Replies: 10
Views: 1733

Re: Bond Allocation Choices at Retirement

Yes, it's OK. I assume you are OK being very treasury-heavy.
by Call_Me_Op
Thu Oct 10, 2019 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Asset protection
Replies: 34
Views: 3178

Re: Asset protection

403B and 457 plans, and IRAs, are next best solutions. These are not ERISA protected, but are protected under the BAPCAP act of 2005. Up to $1.3 million of each type. This protection, though, kicks in only if there is a bankruptcy petition filed by the debtor/judgment liability party. I don't think...
by Call_Me_Op
Tue Oct 08, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8188

Re: Psychologically adverse to start drawing down in retirement

bhsince87 wrote:
Mon Oct 07, 2019 9:38 pm
She said she councils [sic] people all the time who have problems spending too much, but has never encountered the other problem.
She apparently does not visit this forum. :)
by Call_Me_Op
Tue Oct 08, 2019 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Asset protection
Replies: 34
Views: 3178

Re: Asset protection

403B and 457 plans, and IRAs, are next best solutions. These are not ERISA protected, but are protected under the BAPCAP act of 2005. Up to $1.3 million of each type. This protection, though, kicks in only if there is a bankruptcy petition filed by the debtor/judgment liability party. I don't think...
by Call_Me_Op
Sun Oct 06, 2019 6:56 am
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13367

Re: I pulled out... How do I get back in?

I have all my IRA in MM. Suggestions for getting back in the market? ETFs? Why did i pull out? I wanted to hedge some market downside, anticipating a 5% drop with the global uncertainty, knowing i could miss a 5% upside I didn't pull out of the taxable assets due to tax issues, Silly me, pulled out...
by Call_Me_Op
Sun Oct 06, 2019 6:48 am
Forum: Investing - Theory, News & General
Topic: Bond Investing when Yield Curve is Flat
Replies: 91
Views: 8270

Re: Bond Investing when Yield Curve is Flat

Right now, I am staying mostly short (Pascal's Wager).
by Call_Me_Op
Wed Oct 02, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: Ants immune to Terro or just lots of ants?
Replies: 38
Views: 3030

Re: Ants immune to Terro or just lots of ants?

I learned about Terro on Bogleheads and it has been a godsend, the only thing that has worked on carpenter ant and sugar ant invasions. And keeping me from avoiding exterminator scams who want to put me on the monthly "plan." But this summer I have dealt with ants in one small part of our house, by...
by Call_Me_Op
Sun Sep 29, 2019 5:50 am
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio without cash allocation?
Replies: 65
Views: 4821

Re: Permanent Portfolio without cash allocation?

Has anyone considered, or backtested, a Permanent Portfolio allocation without the cash component? Traditionally, the Permanent Portfolio is 25% cash, 25% bonds, 25% stocks, 25% gold. I understand that in some circumstances, such as recessions, cash may be king. However, I would assume that in a re...
by Call_Me_Op
Sat Sep 28, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: About half your retirement accumulation is just the dollars you put in
Replies: 92
Views: 14269

Re: Jonathan Clements: About half your retirement accumulation is just the dollars you put in

I can state that over 35 years, my retirement account is about 2X the money I contributed. So at least for me, Jonathan is correct. However, during the 1980's and into mid 1990's, I had very little in stock - which was a mistake.
by Call_Me_Op
Sat Sep 28, 2019 7:09 am
Forum: Investing - Theory, News & General
Topic: Bonds returns are on par with Stocks?
Replies: 98
Views: 5957

Re: Bonds returns are on par with Stocks?

ignition wrote:
Sat Sep 28, 2019 3:37 am
In the more inflationary 1900's bonds were owned by stocks as stocks are better suited to hedge against inflation.
I was unaware that a bond could own a stock - good to know.
by Call_Me_Op
Sat Sep 28, 2019 7:01 am
Forum: Non-US Investing
Topic: Tilt towards small cap value stocks?
Replies: 9
Views: 1208

Re: Tilt towards small cap value stocks?

Nobody knows whether the SCV permium will persist into the future. That said, I don't see a huge downside to doing it as long as you can access SCV cheaply.
by Call_Me_Op
Fri Sep 27, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Do I need an Umbrella Policy?
Replies: 12
Views: 1339

Re: Do I need an Umbrella Policy?

JD2775 wrote:
Thu Sep 26, 2019 12:31 pm
I want to increase my bodily injury coverage on my Geico insurance (am just realizing it is too low) but I want to make sure I don't actually need an Umbrella Policy on top of it.
Don't know whether you "need" it - but I think it's wise for you to get it.
by Call_Me_Op
Fri Sep 27, 2019 6:58 am
Forum: Investing - Theory, News & General
Topic: Robo program to avoid market drops
Replies: 22
Views: 2071

Re: Robo program to avoid market drops

Went to a free lunch presentation given by a guy whose main pitch is capital preservation.He talked about people who are invested in stocks and handed out a chart from 1950 to today showing the difference if you avoided the big market drops.He said he uses a robo program that somehow gets you out a...
by Call_Me_Op
Fri Sep 13, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9436

Re: How old is your cellphone?

I have a 15 year-old flip-phone.
by Call_Me_Op
Sun Sep 08, 2019 6:03 am
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1606

Re: Locating a good, unbiased “financial advisor”

My mom knows nothing about investing. I took her money out of one of those expensive firms and put it all in a single Vanguard Lifestrategy fund. She has to do nothing except collect her RMD each year and she is very happy with it. If you have not looked at these funds, you should. They are low cost...
by Call_Me_Op
Thu Sep 05, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?
Replies: 26
Views: 2113

Re: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?

Nisi,

Funny that you asked this question. It popped into my head just a couple of days ago, but I never got around to asking it.
by Call_Me_Op
Mon Sep 02, 2019 9:04 am
Forum: Personal Investments
Topic: Time to sell this bond?
Replies: 15
Views: 863

Re: Time to sell this bond?

Hi all, I hold this Illinois bond: 592248GA0. I don't choose to hold any individual bonds lower than investment grade. This bond was recently downgraded by Fitch to BBB-, with a negative outlook. On the other hand, S&P rates it BBB, and Moody's, BA1, so it's still investment grade, but on the verge...
by Call_Me_Op
Mon Sep 02, 2019 6:38 am
Forum: Personal Consumer Issues
Topic: How to repair drywall damaged by water leak
Replies: 17
Views: 1367

Re: How to repair drywall damaged by water leak

I have a house that had a water leak from a fixture on the second story. The water damaged drywall on the wall and ceiling directly downstairs. I had two painters come out and give me a quote for the repair (seemed really high), and I agreed to hire one of them. However, he won't schedule a day, te...
by Call_Me_Op
Sun Sep 01, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Are bond returns constrained by us debt?
Replies: 9
Views: 862

Re: Are bond returns constrained by us debt?

The current situation (of very low interest rates) has little to do with the government's ability to service the debt. It is driven mainly by the high demand for safe investments (by foreign governments, institutions, and an aging population - all still influenced by recent brutal bear markets).
by Call_Me_Op
Sun Sep 01, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13373

Re: 3 fund people how are you feeling?

Honestly, people make too much of an issue over whether they have a 3-fund, 4-fund, 2-fund, 1-fund, or 8-fund portfolio. What is of primary importance is your ratio of stocks to fixed-income. After that, keep costs low and stay the course.
by Call_Me_Op
Sun Sep 01, 2019 6:41 am
Forum: Investing - Theory, News & General
Topic: Receiving $100K per year on a $2.5MM Portfolio
Replies: 35
Views: 7857

Re: Receiving $100K per year on a $2.5MM Portfolio

There also was a more recent study done by an actuary whose name I cannot recall that looked at different strategies (SWR, lifetime income annuity/SPIA, RMD algorithm) and concluded that the IRA RMD algorithm applied to an entire portfolio was optimal. Or instead of using the IRA algorithm, you can...
by Call_Me_Op
Sun Aug 25, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: When to have an Umbrella insurance policy
Replies: 39
Views: 4365

Re: When to have an Umbrella insurance policy

In my mind, purchasing umbrella insurance is the perfect application (by analogy) of Pascal's Wager. It allows you to avoid something really bad at a very modest price. Even if the chance of needing it were one part in a billion, it would still be worth getting because the consequences of not having...
by Call_Me_Op
Sun Aug 25, 2019 7:33 am
Forum: Investing - Theory, News & General
Topic: Anybody else's Fidelity accounts zeroed out?
Replies: 44
Views: 4621

Re: Anybody else's Fidelity accounts zeroed out?

I will add that I had problems viewing my account yesterday morning but it was fixed by afternoon.

I have been with Fidelity for over 20 years and this is the first time I have ever had a problem. So this is very rare. In general, I have found Fidelity to be very reliable.
by Call_Me_Op
Sun Aug 25, 2019 6:23 am
Forum: Personal Finance (Not Investing)
Topic: When to have an Umbrella insurance policy
Replies: 39
Views: 4365

Re: When to have an Umbrella insurance policy

An umbrella policy will protect your future earnings from being garnisheed. Without it, it's possible you would be paying off a law suit for the rest of your life. To be clear, an umbrella policy, no matter how large, does not guarantee protection of your assets or future earnings. If you have a ju...
by Call_Me_Op
Sun Aug 25, 2019 6:13 am
Forum: Personal Investments
Topic: Does anyone use TIPS mutual funds for 100% of their LMP allocation?
Replies: 61
Views: 3562

Re: Does anyone use TIPS mutual funds for 100% of their LMP allocation?

I do not like the whole idea of a LMP. In the strict sense, it implies that I can predict the date of my demise, and as I approach that date, my assets dwindle in a predictable manner (assuming I do not have a risk portfolio to go with it). If I happen to live longer than predicted, either I am hold...
by Call_Me_Op
Sat Aug 24, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: "The Best Diversifiers For Your Equity Portfolio"
Replies: 126
Views: 10847

Re: "The Best Diversifiers For Your Equity Portfolio"

...You can't collect 6%-7% anymore from a portfolio of quality bonds, you will get more like 2%... This reminds me of how Jack Bogle used to say having an allocation to bonds is like having an "anchor to windward". I am no sailor but I took that to mean you have a part of your portfolio that will b...
by Call_Me_Op
Sat Aug 24, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: When to have an Umbrella insurance policy
Replies: 39
Views: 4365

Re: When to have an Umbrella insurance policy

There are many posts you can search on this topic. Bottom line is you should consider umbrella insurance if you have a job and/or assets you do not want to lose. There is no consensus on how to calculate the appropriate amount, but many recommend an amount of 1X - 2X your exposed net worth. Exposed ...
by Call_Me_Op
Sun Aug 18, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 4370

Re: Switch AA 10-year to 2-year Treasuries?

You could certainly invoke Pascal's Wager to justify 2 year notes instead of the 10 year bonds. In other words the risk going with 2 year is re-investment risk if rates fall further - while the risk with the 10 year is inflation risk if there is a sharp rise in inflation - arguably more threatening...
by Call_Me_Op
Sun Aug 18, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 4370

Re: Switch AA 10-year to 2-year Treasuries?

You could certainly invoke Pascal's Wager to justify 2 year notes instead of the 10 year bonds. In other words the risk going with 2 year is re-investment risk if rates fall further - while the risk with the 10 year is inflation risk if there is a sharp rise in inflation - arguably more threatening...
by Call_Me_Op
Sun Aug 18, 2019 7:05 am
Forum: Personal Investments
Topic: No Risk Tolerance - What Can I do ?
Replies: 32
Views: 1945

Re: No Risk Tolerance - What Can I do ?

From a practical standpoint, the issue here is really the OP's definition of risk. Were he willing to invest the $80k in a 60/40 portfolio and spend 6% of the portfolio value per year, it is highly likely that the money would not run-out in his lifetime. At least that's true based upon historical st...
by Call_Me_Op
Sun Aug 18, 2019 6:54 am
Forum: Personal Investments
Topic: Stock Goes to Zero - Capital Loss?
Replies: 9
Views: 1400

Re: Stock Goes to Zero - Capital Loss?

When I first started investing (long ago) I dabbled in individual stocks. Some did well but I had one or two that essentially went to zero. (That's what I got for "trying to catch a falling knife.") Yes, you want to sell it and report the loss. There's no point waiting around in hopes that it might ...
by Call_Me_Op
Sun Aug 18, 2019 6:37 am
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 31
Views: 2542

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

I max out in EE bonds each year not because I am planning on any kind of laddering strategy but because it is a different type of investment that has interesting characteristics and is tax deferred. One area where it is appealing is if we have a protracted period of very low interest rates. It compl...
by Call_Me_Op
Sat Aug 17, 2019 9:28 am
Forum: Non-US Investing
Topic: Why should I buy anything outside of the US market?
Replies: 23
Views: 2040

Re: Why should I buy anything outside of the US market?

Look at the 30,000 foot view. There are some 47 or so countries in which you can invest. Does it really sound prudent to invest all of your risk assets in just one of these? There is a concept called diversification that needs to be considered. I think it is incorrect to begin the argument with why ...
by Call_Me_Op
Sat Aug 17, 2019 9:22 am
Forum: Personal Investments
Topic: Paging Taylor Larimore one last time!
Replies: 21
Views: 6899

Re: Paging Taylor Larimore one last time!

* Vanguard has a very useful Asset-Allocation Tool. This is the link: Investor Questionnaire Best wishes. Taylor Jack Bogle's Words of Wisdom: "Asset allocation is critically important; but cost is critically important, too -- All other factors pale into insignificance." Jack Bogle Taylor, Thanks f...
by Call_Me_Op
Fri Aug 16, 2019 4:29 pm
Forum: Personal Investments
Topic: No Risk Tolerance - What Can I do ?
Replies: 32
Views: 1945

Re: No Risk Tolerance - What Can I do ?

I am no expert in this area, but I would look into a single-payout immediate annuity. Perhaps someone here is aware of the current rate for a 63 year-old man.
by Call_Me_Op
Fri Aug 16, 2019 4:23 pm
Forum: Personal Investments
Topic: Purchasing CDs from lower rated banks
Replies: 5
Views: 444

Re: Purchasing CDs from lower rated banks

I've always invested into CDs with banks rated B+ or above. A friend of mine has bought cds from several banks with C ratings. My question is what is the biggest risk or worst scenerio of dealing with banks with a rating as low as C? He states as long as it's an FDIC insured bank, you're insured up...
by Call_Me_Op
Fri Aug 16, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 61
Views: 4911

Re: Any retired person have stocks and cash I was thinking about a 70/30

chem6022 wrote:
Fri Aug 16, 2019 1:39 pm
Honest question, wouldn't TIPS be even more conservative than cash for this purpose?
Not necessarily - especially at real rates close to zero. The TIPS may well be under water when you want cash.
by Call_Me_Op
Fri Aug 16, 2019 7:25 am
Forum: Investing - Theory, News & General
Topic: Muni bond advice - high yield
Replies: 24
Views: 1846

Re: Muni bond advice - high yield

To pay those rates after that high expense, those bonds would need to be at the extreme low end of the credit scale (extreme junk bonds). Is that where you want to place short-term reserves?
by Call_Me_Op
Fri Aug 16, 2019 7:19 am
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 61
Views: 4911

Re: Any retired person have stocks and cash I was thinking about a 70/30

If you notice, your post was about cash versus bonds, but most of us are focusing on your equities. That's because cash versus bonds is a relatively minor question - especially at today's rates. The higher-level and arguably more important question is safe versus risky (risk defined in terms of vola...