Search found 779 matches

by gwrvmd
Sun Sep 02, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 830
Views: 154015

Re: Boglehead Beer

Another vote for PBR and Yuengling. I am 81. PBR kept my kidneys flushed from 18 to about 40 and Yuengling for the past 40 plus. Good stuff, both best as draft......Gordon
I am amused that PBR has come back as a niche "In Beer"
by gwrvmd
Sun Sep 02, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: [Have medical issue - How should I change my investment strategy?]
Replies: 11
Views: 1163

Re: [Have medical issue - How should I change my investment strategy?]

A bit of practical investment advise: If there is possibility of decreased life expectancy don't let anybody sell you an annuity......Gordon
by gwrvmd
Wed Aug 29, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11293

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Volatility is good. If there was no volatility the market would never go up......Gordon
by gwrvmd
Tue Aug 28, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: S & P Index fund with no Dividends
Replies: 16
Views: 1206

Re: S & P Index fund with no Dividends

Be careful that is an insurance company. Insurance companies often compare the price only S&P 500 to the funds in variable annuities and then say the funds in your annuity beat the S&P 500! The facts: From 1928 to 1/30/18 the average annual total return of the price only S&P 500 was 5.8% while the a...
by gwrvmd
Wed Aug 22, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Any issue with not holding mid caps?
Replies: 50
Views: 3507

Re: Any issue with not holding mid caps?

There are many midcap indices: S&P, Lipper, Russell, DFA, CRSP(Vanguard), etc and some of them consider the smaller 200 or even 300 of the S&P 500 are midcaps.
I consider my S&P 500 Index Fund covers large cap and midcap......Gordon
by gwrvmd
Tue Aug 21, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investing - Feedback Needed
Replies: 6
Views: 607

Re: Vanguard Investing - Feedback Needed

Is it really worth it? An expense ratio of .1% is $1.00/$1,000 per year An expense ratio of .14% is $1.40/$1,000 per year An expense ratio of .07% is $.70 /$1,000 per year By using the separate funds you will save $.70 per $1,000 per year or $7.00 per $10,000 per year Is it worth it to calculate whe...
by gwrvmd
Sat Aug 18, 2018 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13619

Re: Teachers Who Have Net Worth of $1 million +

Its not that hard recently Start saving and investing early, take advantage of tax deferred investing (401k,403b, IRA, spouse IRA) invest 100% equities, one house, one spouse. The 1990s were a 10 year bull market, the past 9 years have been a 9 year bull market, since 1990 we have had a bull market ...
by gwrvmd
Wed Aug 15, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 5075

Re: Why bonds when they return nothing over inflation?

Andrew 99999....There are other people who think like you. It is the basis of the book "Investing at Level 3" by Jim Cloonan the founder of AAII (American Association of Individual Investors) an organization quite similar to the Bogleheads. The essence of the book is summed up in two sentences. "Fun...
by gwrvmd
Wed Aug 08, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2288

Re: Should I pay for a 401k?

Two others to check are: Myubiguity.com and Lowcost401k.com.......Gordon
by gwrvmd
Wed Aug 08, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8672

Re: Huge mortgage mistake

Make extra principal payments ($500 or $1,000) as often as possible. Not extra mortgage payments, make specifically principal payments. When you get the principal down to 80% of the original mortgage apply to drop the PMI.....Gordon
by gwrvmd
Mon Aug 06, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2621

Re: Getting the stink out of synthetic shirts

Well......Yeh could do it just like when yer dog done run up on a skunk....soak it with tomater juice then hit er with the hose.....Gordon
by gwrvmd
Thu Aug 02, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Which 403b provider to choose?
Replies: 19
Views: 1101

Re: Which 403b provider to choose?

I think Security Benefit is the best on the list, sometimes it is only available through the State Teachers Assn Be sure to check Securitybenefit.com before you decide.....Gordon On The Security Benefit website: Individuals>prices and performance>retirement plans>NEA Directinvest 403(b)7....a little...
by gwrvmd
Tue Jul 31, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: How much does it matter, considering scatter? Part 1 of many: Introduction
Replies: 38
Views: 4655

Re: How much does it matter, considering scatter? Part 1 of many: Introduction

Thank You Nisiprius.....You have done some great graph presentations on here but this is the BEST.....Gordon
by gwrvmd
Sun Jul 29, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Getting rid of individual stocks
Replies: 37
Views: 4294

Re: Getting rid of individual stocks

I agree with jalbert. Sell over the next year, then you won't be too happy or too sad
I would sell 25% every 3 months over the next year. Sort of DCA (Dollar Cost Averaging) in reverse
Gordon
by gwrvmd
Sun Jul 29, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: 1 year treasuries @ 2.4% instead of bond funds?
Replies: 32
Views: 3770

Re: 1 year treasuries @ 2.4% instead of bond funds?

Having 3-4 years expenses in 1yr treasuries and all the rest in diversified stock index funds is exactly what Jim Cloonan, the founder of AAII (American Association of Individual Investors) advocates in his new book "Investing at Level 3" I have done that since 2005 when I retired and my assets have...
by gwrvmd
Wed Jul 25, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Best source for simple market news?
Replies: 26
Views: 2250

Re: Best source for simple market news?

Click on MarketWatch.com. You can get all you need to know in 20 - 30 seconds
Check back at 4:00 for another 30 seconds and you are done for the day.......Gordon
by gwrvmd
Thu Jul 12, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17908

Re: COMING SOON: BOGLEHEADS PODCASTS

I agree with crg11

Investing the Boglehead's Way
A title that begins with the word Investing will do much better in a Google search than one that begins with Bogleheads................Gordon
by gwrvmd
Mon Jul 09, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2407

Re: PenFed or Navy Federal?

I have been with Pen Fed for 30-40 years and am happy with them. Like 90% of their customers I have never been to or seen their offices. I use them for checking and savings. Have 2 CDs with them, they are competitive. No experience with Navy Federal. Dealing remotely with financial institutions is c...
by gwrvmd
Mon Jul 09, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Teacher: 403b Asset Allocation?
Replies: 14
Views: 1199

Re: Teacher: 403b Asset Allocation?

Another vote to check: 403bwise.com. You can learn a lot about 403(b)s there.......Gordon
by gwrvmd
Mon Jul 09, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4618

Re: Retirees...what’s your lunch menus?

If you can wait until 4:00 pm many places have good, cheap Happy Hour food......Gordon
by gwrvmd
Sun Jul 08, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: need help with picking funds in retirement portfolio
Replies: 4
Views: 363

Re: need help with picking funds in retirement portfolio

Where do you get those Lifetime Return figures? Most of us here not that sure when we are going to die............Gordon
by gwrvmd
Sun Jul 08, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: What did you sign with your financial advisor?
Replies: 14
Views: 1468

Re: What did you sign with your financial advisor?

You allow a fee only advisor to trade your account?.......Gordon
by gwrvmd
Sat Jun 30, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: replace old central AC unit?
Replies: 32
Views: 2528

Re: replace old central AC unit?

1) Have a yearly HVAC Tuneup
2) Learn to live with a summer in house temperature of 74 - 76............Gordon
by gwrvmd
Fri Jun 29, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4765

Re: Why is warren buffet okay with no owning any bonds?

Buffett doesn't believe in investing in anything that doesn't move with inflation, neither do I.
I am 81 and have never owned a bond. Since 1980 it has been a helleva run.....Gordon
by gwrvmd
Wed Jun 06, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: When should you consider removing the collision coverage on a car?
Replies: 70
Views: 6100

Re: When should you consider removing the collision coverage on a car?

My personal guideline is when the cars value drops below $5,000, I drop collision coverage....Gordon
by gwrvmd
Wed Jun 06, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's own 401k plan eliminating S&P 500 Index option!
Replies: 86
Views: 8113

Re: Vanguard's own 401k plan eliminating S&P 500 Index option!

"The move is part of a larger strategy to streamline fund options for employees" the company reported

Vanguard seems to have arbitrarily decided if you have more than 20% tech or less than 20% emerging markets you are outside what THEY have decided are rational bounds.......Gordon
by gwrvmd
Sun May 06, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 3391

Re: Help with in-laws investment- 100% in stocks with 5 years left to retu

If they both have pensions they must have long employment histories so they should each get $2,000/month in SS
With 2 pensions and $4,000/month in SS, an asset allocation of 100% stocks is not excessively risky......Gordon
by gwrvmd
Fri May 04, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: 403b fee question
Replies: 6
Views: 532

Re: 403b fee question

Interesting history of the 403(b) plan. I never knew it was originally for Tax-sheltered annuity plans.
I had a 403(b) plan at work from 1980 to 2005 when I retired. It had nothing except Vanguard mutual funds. Guess I never realized how lucky I was..................Gordon
by gwrvmd
Thu May 03, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: 403b fee question
Replies: 6
Views: 532

Re: 403b fee question

A 403(b) account is a retirement account, there are no mortality fees in a retirement account
Are you buying equities or insurance?
It appears you are buying an insurance annuity, is that what you are intending to do?.....Gordon
by gwrvmd
Thu May 03, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5648

Re: How old is too old for a vehicle, even for a well running one ?

How old is too old? If you talk to Barrett-Jackson or Mecum they will tell you at 25yo they are just beginning to ripen and at 40 -50yo they are in their prime..................Gordon
by gwrvmd
Mon Apr 23, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Class/Group at Work
Replies: 16
Views: 1420

Re: Investment Class/Group at Work

I think it is a great idea. Lack of financial literacy is a major problem in the US. Many countries, especially in Asia, are ahead of us Go to website: NEFE.org , that is The National Endowment For Financial Education. They have many good ideas, sample lesson plans, suggested discussion topics etc.....
by gwrvmd
Mon Apr 23, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Front Loaded Fund Restart
Replies: 6
Views: 497

Re: Front Loaded Fund Restart

The advise about Vanguard is good The broader advise is get away from First Command. The funds are poor and the expenses are high They hire retired military but they are salesmen not advisors so don't let them take advantage of you. Gordon (retired military) Look for advise on here from Doug Nordman...
by gwrvmd
Mon Apr 16, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 59
Views: 8552

Re: Cash instead of bonds?

I do exactly that. My asset allocation is 85% S&P 500 Index fund and 15% cash. Have done it all my life and I am 81 The Vanguard S&P 500 index fund (Investor shares VFINX) has returned 11.11% average total annual return since it was introduced in 1976, the past 42 years. Has your portfolio done bett...
by gwrvmd
Sun Apr 08, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 5191

Re: Higher total income in retirement than during working?

Sheepdog
Thought I had done well with an AGI of 50% higher in retirement than my highest AGI when working.
But you spending $73,000 with a $160 tax bill beats me by a mile. You must have a lot of tax free municipal bonds and a large Roth IRA to draw from. Good Show!..........Gordon
by gwrvmd
Sun Apr 08, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 5191

Re: Higher total income in retirement than during working?

I agree with the Wizard I retired in 2005 with a 100% stock portfolio. I didn't sell anything in 2008. It is amazing what a 9 year bull market and compounding can do. If the market goes down 50% and stays there my portfolio will still be more than I retired with in 2005 My AGI on my income tax in 20...
by gwrvmd
Fri Apr 06, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: How much mortgage to borrow?
Replies: 33
Views: 2384

Re: How much mortgage to borrow?

You have a car loan?
If you can't pay cash for a car, you can't afford a 2 million dollar house.....Gordon
by gwrvmd
Mon Mar 05, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Should I agree to have my driving monitored in exchange for lower rates?
Replies: 65
Views: 5760

Re: Should I agree to have my driving monitored in exchange for lower rates?

If a furniture store offered you a 50% discount on a bed and mattress set if they could monitor your night activity, would you accept that?.......Gordon
by gwrvmd
Mon Feb 26, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Rolling in Traditional IRA to Employer-sponsored 401(k)
Replies: 7
Views: 669

Re: Rolling in Traditional IRA to Employer-sponsored 401(k)

I wouldn't do it. You have a lot more control over investments, investment costs and transferring an IRA that you control than over a 401(k) that an employer controls.
That's why people transfer 401(k)s to IRAs when they retire.........Gordon
by gwrvmd
Tue Jan 30, 2018 1:23 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 26137

Re: 401k millionaires

I definitely agree with CurlyDave's attitude in reference to higher taxes If your taxes go up that means you made more money, or your spouse made more money, or your house went up in value, or your investments went up in value If you are lucky, your taxes will go up again next year..............Gord...
by gwrvmd
Sat Jan 27, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying down student loans with 403b
Replies: 8
Views: 937

Re: Paying down student loans with 403b

Two Points: 1) If you take the money out to pay education loans you will owe taxes on it at the top rate of your current income. Sort of defeats the investing tax deferred advantage you currently have. 2) You are earning interest. That implies your 403(B) money is in bonds not equities (stock). If y...
by gwrvmd
Wed Jan 24, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendation from a Fee Only Advisor
Replies: 25
Views: 2954

Re: Recommendation from a Fee Only Advisor

There is a lot of wisdom in the old investment adage:

The most important factor in long term investing is avoiding the big mistakes.......Gordon
by gwrvmd
Sun Jan 21, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement BRS vs. Legacy
Replies: 7
Views: 800

Re: Military Retirement BRS vs. Legacy

Military Retiree here I think you have it figured out pretty well. The key for most people to make out well with the BRS is you must commit to putting 5% in the TSP every month (for 20 years!) to get the 5% incentive match. For you that should not be a problem. Another point: The payment at 12 years...
by gwrvmd
Sun Jan 21, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?
Replies: 21
Views: 1813

Re: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?

Money Magazine.....pretty much worthless
Kiplingers.....Fair
Smart Money.....Stopped publishing 5 years ago. When was the last time you cleaned out your mail box?
Gordon
by gwrvmd
Sat Jan 20, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 6135

Re: Discussing a 529 with your kids

You are wondering when to "disclose the 529 info to the kids"? From the time my kids were about 10 years old, I had a short class with each kid at the end of the year as we went over their Year End 529 Statement. What is a 529, how does it work, what is it for, what company is it with, what is it in...
by gwrvmd
Wed Jan 17, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation question
Replies: 5
Views: 619

Re: 529 asset allocation question

To solve your dilemma do one child at 60/40 and the other at 80/20. Best of both worlds. You own both accounts so you can transfer assets from one account to the other with just a phone call I did a similar thing with my 2 kids. I put one 529 account in 2 stock mutual funds and the other 529 in a on...
by gwrvmd
Mon Jan 15, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 11768

Re: Besides Bogleheads, What Are Your Favorite Forums?

The White Coat Investor(WCI) is an excellent personal finance forum. Written for MDs but is good solid financial advise written with a learn and DIY bent.
Written by an ER physician Dr Jim Dahle from Salt Lake City UT. Excellent forum, he sometimes posts on here......Gordon
by gwrvmd
Sun Jan 07, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: Contemplating a sector bet: India
Replies: 20
Views: 2246

Re: Contemplating a sector bet: India

I have had an investment in India for about 10 years through a Closed End Fund: MS India. There is also another India closed end fund: India Fund, the MS India Fund has done slightly better. Closed End Funds are listed every Monday in the WSJ. (MS stands for Morgan Stanley) It did well for a few yea...
by gwrvmd
Sun Jan 07, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: 2017 Callan Periodic Table of Investment Returns
Replies: 35
Views: 5645

Re: 2017 Callan Periodic Table of Investment Returns

Todd....Thank you very much for posting, don't know how you did it, very impressive

Actually makes me very happy to be a simple S&P 500 investor......Gordon
by gwrvmd
Thu Jan 04, 2018 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Account Management [1-time fee vs. ongoing AUM fees]
Replies: 7
Views: 544

Re: Account Management [1-time fee vs. ongoing AUM fees]

Be sure you realize the one time fee is one time a year, it is not a one time fee. When you went to North WesternMutual for a 1.5% annual fee that must be almost as much as the CD was paying. You should have come to Bogleheads before you went to NWM This response is written to our guests as much as ...
by gwrvmd
Tue Jan 02, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing Mutual Funds with Unrealized Gains
Replies: 3
Views: 417

Re: Purchasing Mutual Funds with Unrealized Gains

With mutual funds, when you buy you may inherit some of the previous owners capital gains. When you sell somebody inherits some of your capital gains......its a wash........Gordon