Search found 3307 matches

by iceport
Tue Nov 21, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4720

Re: Post for Livesoft

livesoft wrote:
Tue Nov 21, 2017 8:38 am
I am not recommending anything in the traditional sense. I don't recommend Buy, Hold, and Rebalance in the traditional sense. And I don't recommend Market Timing in the traditional sense.
Very good. Hopefully that is helpful to others.
by iceport
Tue Nov 21, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 36
Views: 5868

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Interesting read. It reminded me of the all those articles of the "10 Best Places to Retire". All the data and the method they use is so arbitrary to make it all useless. I guess we should all start packing our bags and move to Mississippi? I agree completely. In fact, that's the way I see the whol...
by iceport
Tue Nov 21, 2017 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4720

Re: Post for Livesoft

General guidance: I would suggest that you become a student of behavioral finance and read all the books by folks like Gilovich & Belsky, Kahneman, Ariely, Zweig, Thaler, Swedroe, and others. <snip> Other than that: Don't pay commissions. Don't pay taxes if you can help it. Keep the expense ratio o...
by iceport
Mon Nov 20, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4720

Re: Post for Livesoft

General guidance: I would suggest that you become a student of behavioral finance and read all the books by folks like Gilovich & Belsky, Kahneman, Ariely, Zweig, Thaler, Swedroe, and others. <snip> Other than that: Don't pay commissions. Don't pay taxes if you can help it. Keep the expense ratio o...
by iceport
Mon Nov 20, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4720

Re: Post for Livesoft

I am happy to report my turnover number. I keep what I think are excellent records, so the number is easy to find. So for 2017, if my portfolio value at the beginning was $X, so far I have 70.0% of $X in buys and 69.6% of sells. I have not had to do any tax-loss harvesting in 2017 at all. For 2016,...
by iceport
Mon Nov 20, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4720

Re: Post for Livesoft

Number of trades: I have placed 2 trades in taxable accounts this year to raise money to pay college expenses. I reinvest dividends manually, so I have a few reinvestment trades every month from bond funds and a few more from equity funds every quarter. In addition to these trades, I have maybe 3 t...
by iceport
Sun Nov 19, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3458

Re: Oregon makes you save, unless you object. NYT article

https://www.nytimes.com/2017/11/17/your-money/oregon-save-for-retirement.html I was shocked that participants pay 1 % of their total assets in annual fees. While it is good and great that "people are 15 times more likely to save, and save more with payroll deductions", I hope that there must be a w...
by iceport
Sun Nov 19, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3458

Re: Oregon makes you save, unless you object. NYT article

https://www.nytimes.com/2017/11/17/your-money/oregon-save-for-retirement.html I was shocked that participants pay 1 % of their total assets in annual fees. While it is good and great that "people are 15 times more likely to save, and save more with payroll deductions", I hope that there must be a w...
by iceport
Sun Nov 19, 2017 12:11 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1323

Re: Investment Portfolio Tracking & Spreadsheets

I just use my own spreadsheet. As a buy-hold-rebalance investor, the spreadsheet is where I formalized my target asset allocation. It's also where I aggregate all my holdings from all various account locations, compare those holdings to the target allocations, define re-balancing bands and monitor a...
by iceport
Fri Nov 17, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 96
Views: 4309

Re: Where did you first learn about investing?

Personal finance journalist Jonathan Clements was, by far, the single person or place most responsible for my investing "awakening." My introduction to basic sound investing principles was quite accidental. In the early and mid-1990s, when poring over the home real estate offerings in the Hartford C...
by iceport
Thu Nov 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3722

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

If housing prices fall, you will get hit. You will have to take a view (and this is part of the information gathering) of how bad you think the State of Connecticut fiscal problems are. From what I have read, that's a really serious problem with Illinois-- push and shove have come. Connecticut? Can...
by iceport
Thu Nov 16, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3722

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

Offhand I'm surprised that people would specifically tag Connecticut as being a problem. I'm not really familiar with it (mostly drive through it) but I can't think of anything so awful about the state of Connecticut as a whole that would lead you to cross a job off the list if the job otherwise lo...
by iceport
Thu Nov 16, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3722

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

-I agree that living in Hartford has it's own challenges. We'd most likely be looking at cities on the west side of Hartford (in the Farmington Valley - Avon, Simsbury, Farmington most likely). So we definitely won't be in the municipality. More just susceptible to any regional challenges that come...
by iceport
Thu Nov 16, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6627

Re: Sobering article for my 25 year old self

You're talking about two separate issues. I wholeheartedly agree that most folks don't make saving a priority. However, the OP (and some follow up comments) saying that "many" or "most" can save 50% of their income do not live in the real world. Bottomline, folks should save as much as they can, as...
by iceport
Wed Nov 15, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6627

Re: Sobering article for my 25 year old self

Most folks who talk about saving 50% of income either are extremely high earners, or have other advantages that most don't - no student loans, cheap living arrangements, no dependents, inherited wealth, etc. Most average folks who have a household to support can get nowhere close to saving 50% of t...
by iceport
Wed Nov 15, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6627

Re: Sobering article for my 25 year old self

Most folks who talk about saving 50% of income either are extremely high earners, or have other advantages that most don't - no student loans, cheap living arrangements, no dependents, inherited wealth, etc. Most average folks who have a household to support can get nowhere close to saving 50% of t...
by iceport
Tue Nov 14, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: "A Case Against Over Weighting International Equity"
Replies: 11
Views: 1432

Re: "A Case Against Over Weighting International Equity"

I'm a bit confused here. I thought this forum promotes buy and hold as opposed to market timing. I'm seeing a lot of threads and comments from members here this year stating that they modified their asset allocation to hold more international equities due to high P/E's in the US market. I wonder if...
by iceport
Mon Nov 13, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3603

Re: Clements: Your "Number One Number"

And you think you're anywhere near the average? I put 29% down on the cheapest house I could find in my town - $209,000. Still results in a PITI that is 16% of my gross income (20% of net). And you better believe the average person doesn't find the cheapest house possible and put 29% down. You make...
by iceport
Mon Nov 13, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3603

Re: Clements: Your "Number One Number"

This statistic was rather shocking: I advise keeping total fixed living costs to 50% or less of pretax income—and yet the typical American family spends that much just on their home and car. :shock: That is hard to imagine. Our mortgage (principal, interest, property taxes, insurance) is about 9% o...
by iceport
Mon Nov 13, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3603

Re: Clements: Your "Number One Number"

We were fortunate to have Jonathan Clements join us at our 2017 Bogleheads Conference. He sat on the Q&A with the Experts Panel and signed books and chatted with folks during the book signing session. Jonathan's planning to attend next year's Bogleheads Conference. That's fantastic news, Mel. That ...
by iceport
Sat Nov 11, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: How does this target date fund look?
Replies: 14
Views: 721

Re: How does this target date fund look?

A nice thing about your situation is that the law allows you to tap your 401k at your last employer if you retire in or after the year you reach age 55. If your plan allows that, you have access now and do not have to wait till 59.5. Even if you don't need the money, you could start doing Roth conv...
by iceport
Sat Nov 11, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3603

Clements: Your "Number One Number"

IF THERE’S ONE NUMBER that drives our financial lives, it’s our fixed living costs. We’re talking here about regularly recurring expenses that are pretty much unavoidable, such as mortgage or rent, car payments, property taxes, utilities, insurance premiums and groceries. Why are fixed living costs...
by iceport
Sat Nov 11, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: How does this target date fund look?
Replies: 14
Views: 721

Re: How does this target date fund look?

Congratulations on your retirement. Here are a few random thoughts on this option, in no particular order: Sometimes, there are hidden costs to employer retirement plan participants. Employer retirement plans are anything but static. If your intent is to never have to step in and develop your own as...
by iceport
Sat Nov 11, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 4742

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

Do you keep anything in your portfolio as a monument to your bad decisions? Nope. As a matter of fact, I do the opposite: I refuse to adopt any explicit value tilt. Why? It reminds me too much of a mistake I made decades ago. I knew barely enough at the time to allocate to each of the nine Mornings...
by iceport
Wed Nov 08, 2017 7:52 pm
Forum: Investing - Theory, News & General
Topic: "The small-cap effect really has failed to materialize"
Replies: 37
Views: 5084

Re: "The small-cap effect really has failed to materialize"

...for example, any suggestion that Vanguard Total International Stock Market Index Funds, VGTSX, orange, must be hugely preferable to Vanguard FTSE All-World Ex-US index fund, VFWIX, blue, because VGTSX includes small-caps and VFWIX does not. nisiprius — What year did VGTSX transition to an index ...
by iceport
Wed Nov 08, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Pension Plan Investment Results
Replies: 9
Views: 1301

Re: Pension Plan Investment Results

2015 numbers from your cite lan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan Ohio PERS 74,213.3 1,041,200 85.0 100.0 Ohio Public Employees Retirement System Ohio Police & Fire 12,923.9 58,919 71.3 100.0 Ohio Police & Fire Pension F...
by iceport
Tue Nov 07, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

Actually, I would hope there is another critical message conveyed by the interactive ad: That it actually is possible to build a million dollar nest egg without super-human abilities . That's the message I wish I had heard when I was younger, and it's one I've heard over and over again from many ot...
by iceport
Tue Nov 07, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Pension Plan Investment Results
Replies: 9
Views: 1301

Re: Pension Plan Investment Results

It's always a bit frustrating when state pension fund returns are reported in my state. As Bogleheads, we all know that absolute performance over an individual year is meaningless, compared to the assumed discount rate, a long term average. Returns over individual 12-month periods are extremely vola...
by iceport
Tue Nov 07, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

Catchy yes, but too distracting. After seeing the advertisement I remember the graphics more then the message. Not useful. Good luck. They don't care if you remember the surface message, but they want you to remember the deep message "Vanguard is cool and, with their help, you can do it!" I think t...
by iceport
Tue Nov 07, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

An innovative and, I believe, effective advertisement! I think it deserves a sub-title: $1 Million isn't as much as you think! A million used to be a LOT of money -- yacht-buying territory. Now its is ALMOST enough to retire on. I input a 7 figure number and it told me I had a 95% chance of having ...
by iceport
Tue Nov 07, 2017 4:25 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

JoMoney wrote:
Tue Nov 07, 2017 4:20 am
I input a 7 figure number and it told me I had a 95% chance of having $1 million in 5 years :shock:
Are you sure it didn't say a 95+% chance, written out as "an over 95% chance," which would be correct?
by iceport
Mon Nov 06, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2107

Re: Climate controlled cars - Useful or Useless?

Don't even get me started about the lack of true "vent" windows on cars these days! Lol, I had completely forgotten about those! Also known as the "we don't know how to make a non-rectangular window that goes up and down, so here's this triangular thing with a bizarre latching mechanism that will w...
by iceport
Mon Nov 06, 2017 8:48 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2107

Re: Climate controlled cars - Useful or Useless?

After 15+ years of driving a car with manual temperature control, I bought a 2-zone climate controlled car. To be honest, I find the system very annoying to use . It is too complicated for what it is trying to achieve . It operates like a black box so I have no idea what it is really doing. For exa...
by iceport
Mon Nov 06, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Method Selling VTSAX in Taxable?
Replies: 22
Views: 1566

Re: Cost Basis Method Selling VTSAX in Taxable?

A tax lot is simply a bunch of shares of a security bought at the same time and same price. They have the same tax implications. I avoid selling anything in a taxable account for the sole purpose of re-balancing. If you have losses, or if you want to spend the proceeds, those are great reasons for s...
by iceport
Mon Nov 06, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: Pension Plan Investment Results
Replies: 9
Views: 1301

Re: Pension Plan Investment Results

What assumptions do they make for asset returns going forward? What discount rate? This is an important question. The return beat the total fund benchmark by 0.63% after fees. system’s active management of the funds, rather than relying on index funds, added approximately $400 million in value afte...
by iceport
Mon Nov 06, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Pension Plan Investment Results
Replies: 9
Views: 1301

Re: Pension Plan Investment Results

In the topsy-turvy world of pension funds and actuarial calculations, the key number is the deficit (for Defined Benefit schemes). I would argue that the "deficit," if you are referring to what is typically called the "unfunded liability," is relatively meaningless in isolation. A far more meaningf...
by iceport
Mon Nov 06, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4728

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

The Bogleheads Forum is not only the best "investment" forum, but it's also the best forum for any money-related issues including making money, saving money, and using money. This Forum is also a great place for many issues that are not explicitly about money. I agree with this. In fact, considerin...
by iceport
Mon Nov 06, 2017 10:56 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 254
Views: 34323

Re: Roll Call for the Retirement Class of 2017!

Congratulations, Soul.in.Progress , and welcome to the class! First thing on my agenda is to exercise more and eat better!! Cheers to everyone on this roll call, and best wishes to all Bogleheads! :beer I just have to pick up on this goal. This was also one of my top priorities, and the one I have f...
by iceport
Mon Nov 06, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3483

Re: Should one use REITs

The paper from Vanguard was https://personal.vanguard.com/pdf/icreecr.pdf I note that the original poster initially referred to a "large cap" fund and my reply was to his later mention of total stock market. I worried that as the REITs live mostly in the mid and small cap he might not have a full m...
by iceport
Fri Nov 03, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: The Theory of Maybes (by Morgan Housel)
Replies: 4
Views: 784

Re: The Theory of Maybes (by Morgan Housel)

Thank you for an interesting perspective! Regarding the "Nobody knows nuthin'" mantra, people might be taking it out of context or assigning it more significance than is typically intended. I seem to see the phrase used most when explaining or predicting market behavior. Though some components of ma...
by iceport
Fri Nov 03, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: "What's Your Uncertainty/Humility Score?"
Replies: 17
Views: 2462

Re: "What's Your Uncertainty/Humility Score?"

Sandtrap wrote:
Fri Nov 03, 2017 11:54 am
Who would patronize a FI who says he is uncertain? :shock:
Unfortunately, probably only those with enough wisdom and knowledge not to need one. :wink:

Those most in need of an advisor are probably most susceptible to the false security of a flashy, overconfident advisor.
by iceport
Thu Nov 02, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: "What's Your Uncertainty/Humility Score?"
Replies: 17
Views: 2462

Re: "What's Your Uncertainty/Humility Score?"

Taylor, That is an outstanding article! There's a whole lot of wisdom packed into that piece. Ms. Benz is to be congratulated, and you deserve our gratitude for calling our attention to it. Focus on the known knowns. The list of uncertain variables that could affect your plan is disconcertingly long...
by iceport
Tue Oct 31, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: WR calculation [Withdrawal Rate]
Replies: 40
Views: 2512

Re: WR calculation

Jenny, For a decent estimate — based on the same type of analysis (historic sequences of market returns) that produced the 4% rule — that can also factor in pensions, social security, and spousal benefits at various times, there are two excellent calculators available. https://www.firecalc.com/index...
by iceport
Tue Oct 31, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 66
Views: 5377

Re: Non Stick frying pan

What about the "ceramic" nonsticks? we got one a year or two ago and it's all beaten to heck now. permanently stained and not as slippery as it used to be. Any good options there for a replacement? Easy Rhino , see above . I don't have long term experience with Scanpan yet, but I am quite hopeful...
by iceport
Tue Oct 31, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Sunscreen: use it all the time? (And what's a good one w/o sting?)
Replies: 58
Views: 3465

Re: Sunscreen: use it all the time? (And what's a good one w/o sting?)

RGS92: The July 2017 issue of Consumer Reports that Coppertone WaterBabies Lotion SPF 50 is among the best which I use. There are many more listed from good to awful. Trader Joe spray also rates high. Best wishes. Taylor +1 on the Coppertone WaterBabies. Cheaper than the Neutrogena dry touch but a ...
by iceport
Tue Oct 31, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 66
Views: 5377

Re: Non Stick frying pan

To close out this thread, I bought a lodge cast iron pan and have been very happily using it for a few months now. Although it is heavy and cumbersome at times, I have been very happy with the results. Eggs are indeed nonstick and I clean the cooking surface with a thick brush and very warm water. ...
by iceport
Tue Oct 31, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Identifying failure cycles in FIRECalc
Replies: 6
Views: 814

Re: Identifying failure cycles in FIRECalc

I don't know the answer to your specific question, but I can offer an alternative: try http://www.cfiresim.com/input.php . The calculator uses the same basic methodology as FIRECalc, but is in some ways more flexible. (For example, you can set COLA rates for pensions with a COLA that is not determin...
by iceport
Sun Oct 29, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Air Bag Claim notice from Takata (TK Holdings)
Replies: 9
Views: 1206

Re: Air Bag Claim notice from Takata (TK Holdings)

The defective air bag in my 11 year old car was repaired or replaced some time ago, but I have received a notice that seems to indicate that I should file a claim anyway? Are others who have already gotten air bags fixed filing this claim form? The form has section for the amount of the claim, wher...
by iceport
Sat Oct 28, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: What do you think about FTSE Emerging markets?
Replies: 13
Views: 1223

Re: What do you think about FTSE Emerging markets?

I don't know what conclusions are appropriate to draw about this, either. That's why I have a target asset allocation to emerging markets. When I re-balance, I bring my allocation to emerging markets back in line with its target. This is the essence of a successful buy—hold—re-balance approach. I d...
by iceport
Sat Oct 28, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: What do you think about FTSE Emerging markets?
Replies: 13
Views: 1223

Re: What do you think about FTSE Emerging markets?

I gave a quick look at the 12-year history of the Vanguard FTSE emerging market (VWO) and found that it has hardly moved at all? Hovering around $40 for nearly a decade. I'm not sure what I should make of this. Is this still too short a time frame to draw any conclusions? I don't know what conclusi...