Search found 7910 matches

by Call_Me_Op
Mon Sep 28, 2020 8:12 am
Forum: Personal Investments
Topic: Diversifying Bonds
Replies: 7
Views: 399

Re: Diversifying Bonds

I would diversify. I notice you do not have any treasuries. I like my bonds to be very high quality.
by Call_Me_Op
Sun Sep 27, 2020 11:42 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7392

Re: Buckets in Retirement

Hi dbr, I think you are defining the bucket strategy in a somewhat narrow sense. For example, Chrisitne Benz, a big bucket advocate, suggests that money can be moved between buckets. Most descriptions of bucket strategies I have seen suggest refilling bucket 1 from bucket 2 and/or bucket 3. I think ...
by Call_Me_Op
Sun Sep 27, 2020 11:20 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7392

Re: Buckets in Retirement

Good point Ivy. I am still waiting for someone to elucidate the fundamental distinction of a bucket strategy versus other strategies. It seems that everyone separates their investments into categories (mentally or otherwise) that can be called buckets. I think the only real distinguishing factor is ...
by Call_Me_Op
Sun Sep 27, 2020 9:25 am
Forum: Personal Investments
Topic: TIAA Real Estate Movement
Replies: 85
Views: 6759

Re: TIAA Real Estate Movement

Reading through this thread really highlights that there are a lot of market timers among us. TIIA RE annuity is an odd one - one of the few (only) times I have been over to Morningstar to discuss. It *was* possible to time it. People who sold out at the beginning of the Global Financial Crisis in ...
by Call_Me_Op
Sun Sep 27, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: DIY life style. Typical Boglehead?
Replies: 65
Views: 4779

Re: DIY life style. Typical Boglehead?

The amount I save by doing my own investing pays for the help I hire 10 times over.
by Call_Me_Op
Sun Sep 27, 2020 7:24 am
Forum: Personal Investments
Topic: Early Retirement Portfolio Allocation
Replies: 4
Views: 705

Re: Early Retirement Portfolio Allocation

I would caution against constructing a portfolio primarily based upon back testing (which I think is driving your high allocation to long treasuries and small allocation to international equities). The big decision is equities versus fixed income. You are about 50:50, which is OK. However, I would s...
by Call_Me_Op
Sun Sep 27, 2020 7:09 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7392

Re: Buckets in Retirement

The trouble with the One Big Bucket O'Money approach to retirement, for me, is that I have never had a big bucket of money. Instead I have had a series of problems that need to be solved. Can I live indoors, independently, in nice surroundings I choose? Can I keep the heat, water, and lights on? Ca...
by Call_Me_Op
Sun Sep 27, 2020 6:52 am
Forum: Personal Investments
Topic: TIAA Real Estate Movement
Replies: 85
Views: 6759

Re: TIAA Real Estate Movement

Reading through this thread really highlights that there are a lot of market timers among us.
by Call_Me_Op
Sat Sep 26, 2020 10:12 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7392

Re: Buckets in Retirement

The trouble with the One Big Bucket O'Money approach to retirement, for me, is that I have never had a big bucket of money. Instead I have had a series of problems that need to be solved. Can I live indoors, independently, in nice surroundings I choose? Can I keep the heat, water, and lights on? Ca...
by Call_Me_Op
Sat Sep 26, 2020 7:20 am
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10299

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

Brianmcg321 wrote: Fri Sep 25, 2020 1:40 pm $5,000,000

Have you considered a used Camry.
Sorry, it's not for sale. :)
by Call_Me_Op
Sat Sep 26, 2020 7:04 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7392

Re: Buckets in Retirement

I find it valuable to think of my investable assets as existing in two buckets - a SAFE bucket and a RISKY bucket. I think this is a valuable dichotomy - if only to mitigate emotional mistakes. The SAFE bucket includes assets that are government guaranteed. This allows me to hold risky assets with h...
by Call_Me_Op
Wed Sep 23, 2020 8:25 am
Forum: Personal Investments
Topic: Is intermediate treasuries good as fixed income in retirement ?
Replies: 35
Views: 2720

Re: Is intermediate treasuries good as fixed income in retirement ?

That, to me, seems to be an excellent plan. Yes, intermediate treasuries are as good as fixed income in retirement. The yield is low, but then you get the guarantee that you will receive all your money, Uncle Sam does not default. Not true. The United States defaulted on some Treasury bills in 1979...
by Call_Me_Op
Thu Sep 17, 2020 7:55 am
Forum: Personal Consumer Issues
Topic: HVAC Service Contracts & Annual Service
Replies: 56
Views: 3262

Re: HVAC Service Contracts & Annual Service

I found that the annual maintenance contract is worse than a waste of money. When they put gauges on the outdoor unit (to look like they're doing something), that causes leaks over time. Then the AC fails at the worst time (during a heat wave) and the company is swamped and won't come out to service...
by Call_Me_Op
Thu Sep 17, 2020 7:52 am
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 7863

Re: Throwing In The Towel on Portfolio Management

I have my mom in a single Lifestrategy fund. It's perfect for her. All she does is receive an annual RMD check. That's it.
by Call_Me_Op
Mon Sep 14, 2020 1:04 pm
Forum: Investing - Theory, News & General
Topic: "The danger in the market right now is you" - Perspective and encouragement to Stay The Course
Replies: 2
Views: 664

Re: "The danger in the market right now is you" - Perspective and encouragement to Stay The Course

There is always perceived danger. If there were not, there would be no equity return above Tbills.
by Call_Me_Op
Mon Sep 14, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10781

Re: Reasons to invest internationally, or not.

Reason is increased diversification.
by Call_Me_Op
Mon Sep 14, 2020 7:48 am
Forum: Personal Investments
Topic: Sell Mutual Fund, Buy ETF?
Replies: 4
Views: 552

Re: Sell Mutual Fund, Buy ETF?

After maxing our my 401k and backdoor Roth, I have started putting money into a taxable Schwab brokerage account in the last few months. I recently realized I am holding SWTSX, the total market mutual fund, instead of an equivalent ETF like SCHB. I understand ETFs are somewhat better for tax reason...
by Call_Me_Op
Mon Sep 14, 2020 7:33 am
Forum: Personal Investments
Topic: Safer investments for 8m over 2-3 years?
Replies: 28
Views: 2842

Re: Safer investments for 8m over 2-3 years?

Unless you are willing to risk principal, US treasuries (preferably purchased as individual securities maturing in less than 2-3 years) are your only option.
by Call_Me_Op
Mon Sep 14, 2020 7:09 am
Forum: Personal Consumer Issues
Topic: Optimal HVAC Size
Replies: 44
Views: 2708

Re: Optimal HVAC Size

About 1 ton per 500-600 sq feet seems about right.
by Call_Me_Op
Sun Sep 13, 2020 7:25 am
Forum: Investing - Theory, News & General
Topic: Chase performance all you want.. it doesn't need to matter
Replies: 111
Views: 8102

Re: Chase performance all you want.. it doesn't need to matter

In conclusion, performance chasing or any other market timing activity that doesn't shift overall market exposure shouldn't change your odds of under/over performing the relevant index. You are speaking strictly from the financial theory perspective and ignoring human behavior. Chasing performance ...
by Call_Me_Op
Sat Sep 12, 2020 7:25 am
Forum: Investing - Theory, News & General
Topic: International stock investing is industry diversification and style diversification
Replies: 92
Views: 6871

Re: International stock investing is industry diversification and style diversification

Rick, I believe you are overthinking this. If you believe in cap weighting, that should extend outside of US borders. Otherwise, why not parse the US market based upon sectors and reallocate your money in some way other than cap weighting? Or why not exclude stocks of companies west of the Mississip...
by Call_Me_Op
Sat Sep 12, 2020 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Financial advisor
Replies: 45
Views: 4823

Re: Would you fire your financial advisor for this error?

Sounds like an honest mistake that was corrected before any real damage was done. You are being too critical.
by Call_Me_Op
Sun Sep 06, 2020 7:46 am
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 8929

Re: Wife is "forcing" me to buy stock(s)

I don't have a gambling tendency, but I've been thinking of putting up $1k or so on options trading and see what happens. For $3k, I don't think it's that bad... it's safe (e.g. No COVID risk).... and probably won't make a dime's bit of difference in your final retirement. That's a good point. If i...
by Call_Me_Op
Sun Sep 06, 2020 7:34 am
Forum: Investing - Theory, News & General
Topic: Edelman "Telling" Investors to Sell
Replies: 49
Views: 5720

Re: Edelman "Telling" Investors to Sell

On this mornings show, Edelman was telling are people to sell their stock investments if they feel scared. All the while scaring them with evidence of a market drop, cycles show sell off etc. Are you selling? I am surprised. Usually, Rick does not give that advice. He is focused on getting new busi...
by Call_Me_Op
Sun Sep 06, 2020 7:31 am
Forum: Personal Investments
Topic: Help calculate CAGR
Replies: 44
Views: 1939

Re: Help calculate CAGR

sp226 wrote: Sun Sep 06, 2020 7:15 am I've been using Quicken to track my finances since my first real job in 1999, and have 20 years of very accurate data.
But for some reason, I can't calculate my average returns accurately.
Average return and CAGR are different - which do you want?
by Call_Me_Op
Sun Sep 06, 2020 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Sibling loan to a responsible brother
Replies: 16
Views: 1596

Re: Sibling loan to a responsible brother

The risk is, regardless of how responsible you think he is, he might not repay the loan and that will cause problems in the relationship. Some would argue that just having a creditor/debtor relationship between two family members can be unhealthy. (I think home mortgages tend to be viewed differentl...
by Call_Me_Op
Sun Sep 06, 2020 7:00 am
Forum: Investing - Theory, News & General
Topic: Edelman "Telling" Investors to Sell
Replies: 49
Views: 5720

Re: Edelman "Telling" Investors to Sell

On this mornings show, Edelman was telling are people to sell their stock investments if they feel scared. All the while scaring them with evidence of a market drop, cycles show sell off etc. Are you selling? I am surprised. Usually, Rick does not give that advice. He is focused on getting new busi...
by Call_Me_Op
Sun Sep 06, 2020 6:57 am
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 8929

Re: Wife is "forcing" me to buy stock(s)

smalliebigs wrote: Sat Sep 05, 2020 9:57 pm However, my wife has itchy fingers and wants to buy single stocks. But she doesn't really quite know about the mechanics, so wants me to do it.
Is she aware that individual stocks have the same expected return (as the index) but much higher risk?
by Call_Me_Op
Sat Sep 05, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 145
Views: 10334

Re: Is it really passive index if S&P actively excludes Tesla?

Let me start by saying I'm a Tesla fanboy and own stock (and options). I also think it's inevitable that Tesla will be added to S&P at some point (although not today). However, that got me thinking: let's say the S&P decides to not include it in their index at all for the rest of this year and mayb...
by Call_Me_Op
Sat Sep 05, 2020 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?
Replies: 65
Views: 5990

Re: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?

In the past 2 months, I have been approached by managers about taking over positions for people that are moving to more advanced roles. After some thought, I declined both offers because I truly love my current role (love my team, flexibility, feeling like I contribute, no travel, minimal stress, e...
by Call_Me_Op
Sat Sep 05, 2020 6:54 am
Forum: Personal Consumer Issues
Topic: Reducing road noise that reaches back side of house
Replies: 43
Views: 2976

Re: Reducing road noise that reaches back side of house

I don't see any easy solutions. You don't want to build a big wall. It would take a lot of vegetation to make a significant difference. Noise cancelling headphones will help or earplugs, but I can't sleep with either. What is behind you? The noise must be (at least partially) reflecting off of whate...
by Call_Me_Op
Fri Sep 04, 2020 5:17 pm
Forum: Personal Investments
Topic: Bond anxiety
Replies: 53
Views: 5149

Re: Bond anxiety

I am 69 years old and refuse to invest in bonds. I know the logic is when the market crashes, the bonds will level out your returns so you are not tempted to make any hasty decisions and weather the storm. However, my logic is even when the market crashes it usually comes back stronger and the tota...
by Call_Me_Op
Thu Sep 03, 2020 7:48 am
Forum: Personal Investments
Topic: Portfolio review: Currently feeling foolish for being a Boglehead. Help!
Replies: 53
Views: 4943

Re: Portfolio review: Currently feeling foolish for being a Boglehead. Help!

The Op's post has danger signs written all over it. This is much like early 2000, when the talking heads on CNN were saying that "this is the one time in history that you cannot afford not to be in technology stocks." (I am paraphrasing.) Many people jumped-in with both feet and lost their shirts. M...
by Call_Me_Op
Thu Sep 03, 2020 7:40 am
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7206

Re: Poor performing portfolio

On the bright side, futures for the Russell 2000 are implying an open of up about 1.3% right now, so maybe tomorrow you make some money. The S&P 600 seemed like it was recovering but then it tanked badly again. I have most of my S&P 500 in my 401k which has been setting new records every day. I'm j...
by Call_Me_Op
Thu Sep 03, 2020 7:23 am
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7206

Re: Poor performing portfolio

I personally don’t see the point of holding anything other than the S&P 500. VOO (I choose FXAIX) is already a low-cost, well-diversified fund with large companies that do business throughout the world. The key, in my humble opinion, is to grow wealth in order to sustain a comfortable retirement an...
by Call_Me_Op
Wed Sep 02, 2020 7:32 am
Forum: Personal Investments
Topic: 2 Fund portfolio Bond question
Replies: 15
Views: 862

Re: 2 Fund portfolio Bond question

Thanks for the replies. I always worry about being a little too conservative. I have been trying to keep it simple. I normally don’t tweak my account, but was just looking over the bond funds while I was helping my mother-in-law go from stocks to bonds. Total Bond is a good parking spot IMO. It pro...
by Call_Me_Op
Wed Sep 02, 2020 7:15 am
Forum: Personal Investments
Topic: 2 Fund portfolio Bond question
Replies: 15
Views: 862

Re: 2 Fund portfolio Bond question

Vanguard Long Term Invetment Grade (VWESX), and was wondering if I should put some of my bond position in it or just keep VBTLX? I know it has a little more risk but a greater return. Correction - "had" a greater return. That is because interest rates have been falling for a long time and stocks ha...
by Call_Me_Op
Mon Aug 31, 2020 7:05 am
Forum: Investing - Theory, News & General
Topic: To International Index Fund or Not
Replies: 19
Views: 1542

Re: To International Index Fund or Not

Pardon me and let me admit this is a hot topic before I start my argument.. However - If someone reviews the revenue and operation of SP500 companies closely, he/she will be able to notice that 40% of the profits are coming from non-US market. If we agree that 20% of total asset should be in intern...
by Call_Me_Op
Mon Aug 31, 2020 6:59 am
Forum: Investing - Theory, News & General
Topic: Do we really have to lower our Safe Withdrawal Rate to 0.5% now?
Replies: 15
Views: 2625

Re: Do we really have to lower our Safe Withdrawal Rate to 0.5% now?

Freefun wrote: Mon Aug 31, 2020 2:59 am Since I was confused with the initial article, I found Big Erns explanation helpful.

https://earlyretirementnow.com/2020/08/ ... awal-rate/
It should be obvious that 0.5% makes no sense. This implies enough savings for 200 years at 0% real return.
by Call_Me_Op
Sun Aug 30, 2020 6:53 am
Forum: Investing - Theory, News & General
Topic: The “Abandon Bonds” strategy
Replies: 259
Views: 27429

Re: The “Abandon Bonds” strategy

superinvestor wrote: Sat Jun 13, 2020 6:31 am Futures market is pricing in negative rates, and this guy thinks cash will not lose nominal value?
You can always keep greenbacks under your mattress if rates go negative.
by Call_Me_Op
Sat Aug 29, 2020 4:48 pm
Forum: Personal Investments
Topic: At what point do you NOT rebalance
Replies: 16
Views: 1803

Re: At what point do you NOT rebalance

This has been troubling me somewhat lately. I have been faithfully rebalancing my (fairly conservative) portfolio regularly. At age 57, I currently have ten years of fixed income in my portfolio. I expect to have 20 years of fixed income when I retire, with the remainder in stocks. I am wondering i...
by Call_Me_Op
Sat Aug 29, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: “Cash is king” sentiment
Replies: 37
Views: 4232

Re: “Cash is king” sentiment

I don't think I have ever used the term "Cash is King." That said, everyone should hold some because cash - while not offering much return on your money - does have the rather unique characteristic of guaranteeing return OF your money (whenever you want it).
by Call_Me_Op
Sat Aug 29, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Should I quit high paying job?
Replies: 76
Views: 8755

Re: Should I quit high paying job?

I wouldn't stay in a job like that for 10 minutes. Find something else and then quit.
by Call_Me_Op
Sat Aug 29, 2020 9:21 am
Forum: Personal Investments
Topic: Way too much cash - Should it be in bond funds?
Replies: 77
Views: 8971

Re: Way too much cash - Should it be in bond funds?

We are in our very early 60s and just reached a milestone of $2M net worth, not counting our paid off house and cars. That's the good news. The terrible news is that 58% (~$1.2M) is essentially in cash (which includes the TSP G Fund) doing nothing. Overall, we are very conservatively at 42% stocks,...
by Call_Me_Op
Sat Aug 29, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: Fixed income scare stories and what Vanguard is saying
Replies: 12
Views: 2757

Re: Fixed income scare stories and what Vanguard is saying

Let my fixed income lose some real value. As long as the equities more than compensate, no problem. One should avoid viewing asset classes in isolation.
by Call_Me_Op
Sat Aug 29, 2020 8:19 am
Forum: Personal Investments
Topic: Mom's money
Replies: 29
Views: 3831

Re: Mom's money

My dad died a few months ago. Mom is still sharp mentally and physically. My parents had annuities tied with life insurance. That's the best way she could describe her finances (Not very savvy with investing). About 1.5 years ago mom gave me $95,000 to invest for her, months later she gave another ...
by Call_Me_Op
Sat Aug 29, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: "Jack Bogle's Simple Advice for Investors"
Replies: 60
Views: 6222

Re: "Jack Bogle's Simple Advice for Investors"

How does the recommendation to limit foreign stocks to 20% square against the following statement?

"Absolutely no one knows what the stock market is going to do tomorrow, let alone next year. Nor which sector, style or region will lead and which will lag."
by Call_Me_Op
Mon Aug 24, 2020 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Home Appraisal in the times of COVID
Replies: 20
Views: 2038

Re: Home Appraisal in the times of COVID

I recently had a refrigerator technician over. He wore a surgical mask. I gave him fresh gloves that he wore the entire time. The only thing he touched w/o the gloves was the door through which he entered. I sanitized the door knobs after he left. Very low risk - but it's never zero. Then again - I ...
by Call_Me_Op
Mon Aug 24, 2020 7:34 am
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10024

Re: A Plea for Ordinary English

Must be sure to stay away from those "Poison Functions." :)