Search found 24 matches

by wwross
Wed Apr 03, 2013 3:47 pm
Forum: Personal Investments
Topic: Asset Allocation @ age 60
Replies: 8
Views: 2914

Re: Asset Allocation @ age 60

Hey -- I resemble that remark! I just turned 60. That event, combined with my wife and I hitting a certain number, caused me to do a strategic rebalance. I went from 60/40 stock/bond to about 55/45 (the latter including about 2% cash). The stock allocation includes about 20% international.
by wwross
Fri Mar 15, 2013 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Umbrella Insurance
Replies: 34
Views: 4093

Re: Poll: Umbrella Insurance

A heads up. If you are thinking of getting umbrella insurance and you have kids, buy it before they begin driving. I have a $2 million umbrella policy with GEICO and as our net worth continued to climb, applied to get another $1 million in coverage. But I was turned down for the increase because I h...
by wwross
Wed Dec 12, 2012 11:19 am
Forum: Personal Investments
Topic: Your thoughts please..
Replies: 8
Views: 1003

Re: Your thoughts please..

poppa23, where is the love? I think Ihckennedy was just trying to help.
by wwross
Wed Dec 12, 2012 11:14 am
Forum: Personal Investments
Topic: Bill Gros's Dec. 2012 Outlook
Replies: 6
Views: 1106

Re: Bill Gros's Dec. 2012 Outlook

Can you rephrase? The language is a little too obscure for me. Thanks.
by wwross
Thu Oct 04, 2012 4:30 pm
Forum: Personal Investments
Topic: what is the ROI on your 529 accounts so far?
Replies: 28
Views: 3895

Re: what is the ROI on your 529 accounts so far?

Thats a good question. I frankly don't know what my ROI is. I guess I should. I only know that with my 529 I violated a cardinal rule of personal finance and investing: once you reach your goal and have won the game, stop playing. We have three boys and at one point in early 2008 had about $320k in ...
by wwross
Wed Sep 12, 2012 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment liability question
Replies: 1
Views: 329

Re: Unemployment liability question

I thought that you, as an employer were not personally liable for unemployment insurance payouts. I thought that was why they call it insurance. You (and indirectly) your employee have paid the "premium" for the instance that they are fired, laid off. You pool your premiums with all other ...
by wwross
Tue Aug 28, 2012 11:41 am
Forum: Personal Investments
Topic: Financial Advisor [use Ric Edelman?]
Replies: 41
Views: 16212

Re: Financial Advisor [use Ric Edelman?]

I have read Edelman's books, listened to his radio broadcast for years, and even have gone to one of his seminars. I think that he is very knowledgable and insightful on a broad array of personal financial topics. His mortgage theory is interesting and in some circumstances (particularly in an extre...
by wwross
Tue Aug 14, 2012 3:23 pm
Forum: Investing - Theory, News & General
Topic: Is bogleheads investing a philosophy or a truth?
Replies: 46
Views: 4651

Re: Is bogleheads investing a philosophy or a truth?

Not to get too philosophical here, but I think a lot of people also like the illusion of control or agency. If you have a "set it and occasionally adjust your allocation" model, some people feel like they're giving up control. Those people take the attitude that "Whether this ship is...
by wwross
Thu Aug 02, 2012 1:52 pm
Forum: Personal Investments
Topic: What is the best fund to tilt to small value stocks?
Replies: 48
Views: 6009

Re: What is the best fund to tilt to small value stocks?

Sounds good. What about the ETF, VBR? Same thing?
by wwross
Fri Jul 27, 2012 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Non frugal vice
Replies: 107
Views: 15297

Re: Non frugal vice

India Pale Ale at the local market turned beer-lover's paradise.
by wwross
Tue Jul 24, 2012 4:16 pm
Forum: Personal Investments
Topic: From "Individual" Investments to Funds and ETFs
Replies: 8
Views: 1273

Re: From "Individual" Investments to Funds and ETFs

Sounds like a good strategy. The only thing I would say is that those Natural Gas losses might do a good job offsetting your gains. That might make it easier to pull the trigger.
by wwross
Tue Jul 24, 2012 3:09 pm
Forum: Personal Investments
Topic: From "Individual" Investments to Funds and ETFs
Replies: 8
Views: 1273

Re: From "Individual" Investments to Funds and ETFs

I dumped my many individual stocks and mutual funds over a couple of months in our several retirement and brokerage accounts and created a wonderfully clean plate of money market funds. Then I spent a couple more months allocating the cash into a low cost, diversified set of ETFs. I am so happy I to...
by wwross
Tue Jul 24, 2012 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F
Replies: 13
Views: 1406

Re: Medigap Plan F

The United Health Group that runs the AARP Medigap plans seems to do a pretty good job, from what I hear.
by wwross
Fri Jun 15, 2012 9:01 am
Forum: Personal Finance (Not Investing)
Topic: What kind of real life emergencies have used up your EF?
Replies: 20
Views: 2273

Re: What kind of real life emergencies have used up your EF?

Good question. I guess the only recent unforseen time I had to pull out money was to support a family member who got into credit card debt because of health circumstances of her husband. It was quite a bit of money ($40k). It came out of a money market account that, along with the various cash balan...
by wwross
Wed Jun 06, 2012 2:53 pm
Forum: Personal Consumer Issues
Topic: how many bogleheads drive jeep wranglers?
Replies: 40
Views: 3984

Re: how many bogleheads drive jeep wranglers?

Fun Car. 2003 Year. 9,000 miles. From CarMax My wife wanted to get one after a bad couple of corporate executive days. It has been fun for my teenaged boys to drive to school in. But, it has been outrageously expensive. Many issues with rear axle, differentials, brakes, tires. Its being sold in Augu...
by wwross
Tue May 08, 2012 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest online broker
Replies: 11
Views: 1275

Re: Cheapest online broker

Stay away from Interactive brokers, you need to seek their approval to cancel the account! Can you explain this? If for example, I have an account with TDAmeritrade, I have to get their permission to cancel it? I never had that issue when I got rid of my Fidelity Account a few years ago. "Inte...
by wwross
Tue May 08, 2012 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest online broker
Replies: 11
Views: 1275

Re: Cheapest online broker

hlfo718 wrote:Stay away from Interactive brokers, you need to seek their approval to cancel the account!
Can you explain this? If for example, I have an account with TDAmeritrade, I have to get their permission to cancel it? I never had that issue when I got rid of my Fidelity Account a few years ago.
by wwross
Fri May 04, 2012 12:19 pm
Forum: Personal Investments
Topic: AA help- TIAA CREF mess!
Replies: 75
Views: 4763

Re: AA help- TIAA CREF mess!

Thanks MoneyMyths! I need to read the directions more carefully.
by wwross
Thu May 03, 2012 3:56 pm
Forum: Personal Investments
Topic: AA help- TIAA CREF mess!
Replies: 75
Views: 4763

Re: AA help- TIAA CREF mess!

TIAA CREF definitely has some problematic choices. In my wife's 403b, they have a VWO Emerging Markets selection (ER .13), which fits into our AA. However, when you make your choice you have to agree to pay 2.0% of the value of that fund when you sell it. I guess since we are long term investors, we...
by wwross
Fri Mar 16, 2012 1:14 pm
Forum: Investing - Theory, News & General
Topic: What is the ER of your Equity Portfolio now?
Replies: 55
Views: 4322

Re: What is the ER of your Equity Portfolio now?

.21 According to Morningstar XRay
by wwross
Fri Feb 17, 2012 9:59 am
Forum: Investing - Theory, News & General
Topic: Scott Burns blows the whistle on ETFs (and Vanguard too?)
Replies: 39
Views: 7545

Re: Scott Burns blows the whistle on ETFs (and Vanguard too?

Rick -- Your explanation of your business model is very enlightening and makes me understand better where you and the AUM fee model comes from. Your forthrightness about your breakeven point is very refreshing and probably helps the rest of us amateurs understand the challenges of the industry. But ...
by wwross
Thu Feb 16, 2012 3:49 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns blows the whistle on ETFs (and Vanguard too?)
Replies: 39
Views: 7545

Re: Scott Burns blows the whistle on ETFs (and Vanguard too?

I am backing up staythecourse question. This is the most fundamental issue I have been dealing with as a presumed Boglehead. I have a multiple 7 figure AA and have it invested in a diversified set of slice and diced ETFs with a moderate risk tolerance. I made the investments after a lot of research ...
by wwross
Wed Sep 22, 2010 3:05 pm
Forum: Personal Investments
Topic: Variable Universal Life help
Replies: 11
Views: 3461

I absolutely agree with getting rid of it. My wife and I had a couple of VUL policies with, it ended up, $18k and $26k respectively. I took a couple thousand dollars hit on each, but given the lack of transparency of the investment choices, inability to work with the investments online, very high co...