Search found 786 matches

by gwrvmd
Fri Nov 09, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 168
Views: 12166

Re: A reminder: Stay away from AQR

I buy a factor fund....The S&P 500 Index Fund The factor is that each stock in the index is weighted in the index based on its total capitalization The fund has millions of managers all over the US who constantly evaluate the future value of each component None of the managers is paid I call it The ...
by gwrvmd
Tue Nov 06, 2018 10:28 pm
Forum: Investing - Theory, News & General
Topic: USAA getting out of mutual fund biz
Replies: 30
Views: 3757

Re: USAA getting out of mutual fund biz

I have been and am a very loyal USAA client for 40 years. Their insurance is great but their mutual funds are not very good Get your investments from an investment company and your insurance from an insurance company Don't get your investments from an insurance company..........Gordon I have followe...
by gwrvmd
Fri Nov 02, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Ignorance (toward Volatility) is bliss from Vanguard
Replies: 5
Views: 714

Re: Ignorance (toward Volatility) is bliss from Vanguard

If there was no volatility the market would never go up......Gordon
by gwrvmd
Fri Nov 02, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5288

Re: My Grandmother has 80% stocks

Simplesause...If your Grandma is 84 now she would have been 74 in 2008. To be 80% stock now she must have been about 50% to 60% stock in 2008 and not have sold anything
Best thing you can do it ask her if she will teach you how she did it......Gordon
by gwrvmd
Wed Oct 31, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5891

Re: Where should I be financially at 39?

I believe 25X expenses is a poor guide. It assumes that your portfolio only produces income equal to inflation for 25 years and doesn't give a yearly guide. I think the following guide is more useful, it indicates how much your retirement portfolio should be in reference to your age and your gross i...
by gwrvmd
Thu Oct 25, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 17209

Re: Why I'm 100% stocks

A good book on the all stock no bond portfolio is the 2016 book by Dr Jim Cloonan, founder of AAII (American Association of Individual Investors....which is much like Bogleheads) "Investing at Level 3". The essence of the book is three things: 1) All stock in Accumulation phase 2) Before retiring bu...
by gwrvmd
Fri Oct 05, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price brokerage account
Replies: 4
Views: 519

Re: T. Rowe Price brokerage account

My investments are primarily at Vanguard but I have had a mutual fund at T Rowe Price for 20 years. They are one of the "Good Guys" but their fees are not as low as Vanguard........Gordon
by gwrvmd
Sun Sep 02, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 837
Views: 155887

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: 1201

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: 11647

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: 1245

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: 3617

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: 620

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: 13825

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: 5163

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: 2345

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: 8751

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: 2701

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: 1147

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: 4786

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: 4398

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: 3938

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: 2309

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: 366
Views: 19888

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: 2692

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: 1255

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: 4734

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: 383

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: 1513

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: 2610

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: 4864

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: 6231

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: 8315

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: 3512

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: 559

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: 559

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: 5869

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: 1488

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: 532

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: 9383

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: 5379

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: 5379

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: 2467

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: 5929

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: 689

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: 26677

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: 1024

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: 3077

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: 847

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: 1935

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