Search found 1405 matches

by Silence Dogood
Fri Sep 11, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds--Why So Stock Heavy?
Replies: 44
Views: 2657

Re: Are Target Date mutual funds obsolete?

OP,

It sounds like what you are really asking is, "Are bond funds obsolete?".

For what it's worth, yesterday we had a thread asking about target retirement funds, "why so stock heavy"?
by Silence Dogood
Fri Sep 11, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds--Why So Stock Heavy?
Replies: 44
Views: 2657

Re: Vanguard Target Retirement Funds--Why So Stock Heavy?

OP,

For what it's worth, today we have a thread asking, essentially, "why so bond heavy"?
by Silence Dogood
Sun Sep 06, 2020 11:39 am
Forum: Personal Investments
Topic: Do I really own anything if everything can require a Medallion signature which I can never get?
Replies: 71
Views: 7783

Re: Do I really own anything if everything can require a Medallion signature which I can never get?

One place a Medallion signature comes into play is when transferring from one account to another if the two accounts are not registered in the same name. (like "Joe Blow" transfer to "Joseph A. Blow") I had the same situation when linking a second checking account to my T. Rowe Price account: "Jose...
by Silence Dogood
Wed Aug 12, 2020 1:04 pm
Forum: Investing - Theory, News & General
Topic: Silver: The Forgotten Precious Metal?
Replies: 88
Views: 4869

Re: Silver: The Forgotten Precious Metal?

Again, I'm sure some do use bitcoin. I'm sure some are pawning off gold. The vast, vast majority aren't doing that. Dollars are just fine, especially since the government legalized their use and its not really a black market currency any more. It's almost as if people who have an interest in pushin...
by Silence Dogood
Sat Aug 08, 2020 4:06 pm
Forum: Investing - Theory, News & General
Topic: Silver: The Forgotten Precious Metal?
Replies: 88
Views: 4869

Re: Silver: The Forgotten Precious Metal?

Related question: Why does Uncle Sam own gold but not silver?

What would happen to the price of gold if the U.S. Treasury sold off its reserves?
by Silence Dogood
Wed Aug 05, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 98
Views: 10579

Re: Target Date Funds doing it backwards?

Can you show where Taylor Larimore has “ repeated on this forum that the appropriately selected TDF is better than his own three fund portfolio in a tax advantaged account?” Here is one example: Good Target-Date Funds are my favorite funds for investors with portfolios with all tax-advantaged accou...
by Silence Dogood
Tue Jul 28, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: "Beware the Hype on Gold"
Replies: 170
Views: 12721

Re: "Beware the Hype on Gold"

Goldman Warns the Dollar's Grip on Global Markets Might Be Over Recommends investors keep buying gold, boosting forecasts Goldman Sachs Group Inc. put a spotlight on the suddenly growing concern over inflation in the U.S. by issuing a bold warning Tuesday that the dollar is in danger of losing its ...
by Silence Dogood
Sun Jul 26, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: TV antenna
Replies: 48
Views: 2617

Re: TV antenna

Triple digit golfer,

You might find this helpful: TV Fool: TV Signal Locator
by Silence Dogood
Sun Jul 26, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Everyone's a Day Trader Now (WSJ article)
Replies: 48
Views: 6341

Re: Everyone's a Day Trader Now (WSJ article)

Here is a similar article, from the BBC: Newbie investors: 'I didn't know I'd lose money so fast' The worry isn't so much for people like Ms Mills, who are looking for a pandemic pastime. It's for the people who may invest so much that they end up losing everything. Last month, one 20-year-old Robin...
by Silence Dogood
Sun Jul 26, 2020 2:11 pm
Forum: Personal Investments
Topic: Roth IRA
Replies: 26
Views: 2191

Re: Roth IRA

OP, I posted this recently in a similar thread: You don't want to "miss the forest for the trees". Going forward, your savings rate and avoiding behavioral errors will be far more important in determining your success than whether or not you choose the 3-fund portfolio or a Vanguard Target Retiremen...
by Silence Dogood
Fri Jul 24, 2020 5:42 pm
Forum: Investing - Theory, News & General
Topic: Risk Parity: When Stocks "Zig," What is the Best "Zag"?
Replies: 31
Views: 1848

Re: Risk Parity: When Stocks "Zig," What is the Best "Zag"?

Caution: Past correlation is not a guarantee of future correlation.
by Silence Dogood
Fri Jul 24, 2020 5:21 pm
Forum: Personal Investments
Topic: Vanguard Target Date Fund or 3 Fund Portfolio
Replies: 19
Views: 1633

Re: Vanguard Target Date Fund or 3 Fund Portfolio

OP, You don't want to "miss the forest for the trees". Going forward, your savings rate and avoiding behavioral errors will be far more important in determining your success than whether or not you choose the 3-fund portfolio or a Vanguard Target Retirement fund. Personally, my Roth IRA is invested ...
by Silence Dogood
Wed Jul 15, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Helping our Adult Child Buy a Home
Replies: 72
Views: 5668

Re: Helping our Adult Child Buy a Home

RocketShipTech wrote: Tue Jul 14, 2020 9:04 pm Agree with the others saying gift.

My parents contributed $250k to the downpayment on our $1.8M marital starter home. It worked out great.
I showed my wife this post. I'm not sure if we were laughing or crying.
by Silence Dogood
Wed Jul 08, 2020 5:09 pm
Forum: Personal Consumer Issues
Topic: Online Scrabble and other games
Replies: 7
Views: 656

Re: Online Scrabble and other games

ThankYouJack wrote: Wed Jul 08, 2020 2:48 pm And any other games a senior Scrabble player may enjoy.
OP,

If she is interested in trivia/quiz games she might enjoy this website:

https://www.sporcle.com/
by Silence Dogood
Fri Jul 03, 2020 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Amex Shop Small Online Shops
Replies: 37
Views: 3210

Re: Amex Shop Small Online Shops

GreendaleCC wrote: Fri Jul 03, 2020 9:32 am Amex’s Shop Small map lists businesses that DO NOT accept Amex. After adding this promotion to our cards yesterday, we went to one of them for a takeout dinner...
Are you sure?

It's possible that the business accepts Amex but prefers not to.
by Silence Dogood
Thu Jul 02, 2020 11:17 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement Fund Vs. 3 fund portfolio
Replies: 44
Views: 4307

Re: Vanguard Target Retirement Fund Vs. 3 fund portfolio

OP, Just to be clear, going forward, your savings rate is going to be far more important than whether or not you choose a Vanguard Target Retirement fund, a 3-fund portfolio, or any other iteration suggested above. In my opinion, you should stick with the Vanguard Target Retirement fund that you are...
by Silence Dogood
Wed Jul 01, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: At what point can you justify a $10k+ flight?
Replies: 75
Views: 4679

Re: At what point can you justify a $10k+ flight?

OP,

Since you asked - Never.

It's totally beyond what I can afford, but even if could, I can think of so many better ways to spend that kind of money.
by Silence Dogood
Sun Jun 28, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: Hey Vanguard -- Offer a 3-Fund ETF Core Product
Replies: 17
Views: 1254

Re: Hey Vanguard -- Offer a 3-Fund ETF Core Product

Supposedly Vanguard is considering moving to ETFs within their Target Retirement/LifeStrategy funds.

See this thread.
by Silence Dogood
Sun Jun 28, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: magicJack question - What happens if you don't pay the 911 fee?
Replies: 20
Views: 2254

Re: magicJack question - What happens if you don't pay the 911 fee?

teelainen wrote: Sat Jun 27, 2020 10:12 am What happens when you don't pay the 911 fee?

If you don't pay, will 911 still work on your magicJack line?

If you don't pay, will the police still be able to locate your home address if you call 911?
If you're concerned, you should probably just pay the fee.
by Silence Dogood
Sat Jun 27, 2020 10:03 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I don’t think I can panic twice. It cost too much. And I understand more now. Keep in mind this recent post by nisiprius: (emphasis added) ...one of the big takeaways from behavioral economics is that people cannot avoid behavioral errors simply by willing themselves not to make them. There have be...
by Silence Dogood
Sat Jun 27, 2020 3:55 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

Your money should be a source of comfort in your life, not something that causes you stress. Amen :happy Smartest most concise statement on any thread on the forum, by of course, our retiredjg. +1 ...we have more than enough money saved As I said he recommended 45/55 and then said 50/50 really does...
by Silence Dogood
Sat Jun 27, 2020 6:52 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

nanameg wrote: Sat Jun 27, 2020 6:15 am But I may have panicked just the same and what’s done is done.
Were you considering Vanguard Target Retirement 2020? That would have had you at ~50/50 during the March crash.

You "may have panicked just the same" at 50/50... but now you're at 50/50?

Perhaps 50/50 is too aggressive for you?
by Silence Dogood
Fri Jun 26, 2020 9:08 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I was closer to 60/40. I’m not an avid rebalancer. In retrospect it was the speed of the drop that got me in March..and also that I just was not prepared for losses...I really had no idea what the stock market risk really was. Lulled into complacency over these past 10 years or so. Now I’m more lik...
by Silence Dogood
Fri Jun 26, 2020 6:29 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

nanameg wrote: Thu Jun 25, 2020 8:26 pm 55/45 AA

Total International stock 22% of portfolio
Total international bond 14% of portfolio

Total US stock 33%
Total US bond 31%
So you were at 55/45 when you sold back in March?

And now you are at 45/55?
by Silence Dogood
Thu Jun 25, 2020 8:24 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 98
Views: 10579

Re: Target Date Funds doing it backwards?

Just because u were asking about PAS and why they seemed to discourage using [Vanguard target retirement funds] . Jack Bogle would often quote/paraphrase this famous line: "It is difficult to get a man to understand something, when his salary depends upon his not understanding it!" - Upton Sinclair
by Silence Dogood
Thu Jun 25, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 98
Views: 10579

Re: Target Date Funds doing it backwards?

Perfect for those who do not want to understand investing. And perfect for those of us who understand investing enough to realize that it's probably not worth the effort to try to outperform a Vanguard Target Retirement fund. I'm all in Vanguard Target Retirement 2055 (VFFVX). It's wonderful. I sim...
by Silence Dogood
Thu Jun 25, 2020 5:58 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 98
Views: 10579

Re: Target Date Funds doing it backwards?

Perfect for those who do not want to understand investing. And perfect for those of us who understand investing enough to realize that it's probably not worth the effort to try to outperform a Vanguard Target Retirement fund. I'm all in Vanguard Target Retirement 2055 (VFFVX). It's wonderful. I sim...
by Silence Dogood
Thu Jun 25, 2020 5:47 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

An advisor acts in a fiduciary capacity. They can act on your behalf, but they are not you. You can always override their decisions. For example, you don't need an advisor's permission to move your money. If your money is held at your advisor's financial institution (mine was at Ameriprise many yea...
by Silence Dogood
Wed Jun 24, 2020 11:15 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: PAS advisor portfolio

Outer Marker wrote: Sat Jun 20, 2020 7:48 am And, just because your PAS tells you not to do it, doesn't guarantee you won't do it.
Is this true? I thought the advisor takes control of the portfolio?

Of course, the client could always discontinue service, but that would be an extra step.
by Silence Dogood
Wed Jun 24, 2020 10:58 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: Vanguard Personal Advisors Services

In 2018 when I asked the advisor if a TDF was a good idea rather than the portfolio he came up with with the same four funds he said no, the TDF would be more expensive than holding 4 funds in admiral shares. I did not subscribe to the service then and just followed the plan they had devised. In 20...
by Silence Dogood
Wed Jun 24, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads walked the talk; be proud.
Replies: 39
Views: 5864

Re: Bogleheads walked the talk; be proud.

According to the article 91.7% of Vanguard's clients didn't take action between Feb. 19 and March 20. I don't think I even logged on to my account. What do they mean by action? I assume more than 8.3% of Vanguard's clients made a contribution during the month. Good question - I don't know. I have a...
by Silence Dogood
Wed Jun 24, 2020 12:35 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads walked the talk; be proud.
Replies: 39
Views: 5864

Re: Bogleheads walked the talk; be proud.

YRT70 wrote: Sun Jun 21, 2020 1:01 am According to the article 91.7% of Vanguard's clients didn't take action between Feb. 19 and March 20.
I don't think I even logged on to my account.
by Silence Dogood
Wed Jun 24, 2020 12:12 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8817

Re: Vanguard Personal Advisors Services

I have had a different experience in I that I have asked two different advisors if TDF ‘S will do the same as the funds the PAS suggests and both times they tried very hard to “ sell” what they offer as a service. Can you provide more detail about what the advisors said? I feel very uneasy about Va...
by Silence Dogood
Mon Jun 22, 2020 4:51 pm
Forum: Personal Investments
Topic: TDF vs 3 index fund strategy for withdrawal phase
Replies: 24
Views: 1299

Re: TDF vs 3 index fund strategy for withdrawal phase

OP,

Don't worry about very small differences in expense ratios... or trying to "time" which funds to withdraw from.

Target retirement funds can help prevent behavioral errors.

"Successful investing involves doing just a few things right and avoiding serious mistakes." - Jack Bogle
by Silence Dogood
Sat Jun 13, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: $120,000 in credit card debt
Replies: 72
Views: 9703

Re: $120,000 in credit card debt

I would start with 3 months emergency fund. If the OP pays off the $120K debt with the $125K check, that will still leave $5K leftover for an emergency fund. Also, the OP will free up ~$3,600 per month, so it should not take long to build up an adequate emergency fund. The real question is how/why ...
by Silence Dogood
Fri Jun 12, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Confusion about the 4% rule
Replies: 91
Views: 4608

Re: Confusion about the 4% rule

It's important to keep in mind that the '4% rule' or 25x that's tossed around here all the time is still useful as a rough planning tool, which is clearly what Bengen, the authors of the Trinity study, and others had in mind. It's not a withdrawal strategy, nor was it meant to be rigidly followed b...
by Silence Dogood
Fri Jun 12, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Confusion about the 4% rule
Replies: 91
Views: 4608

Re: Confusion about the 4% rule

OP, Also, please read Taylor Larimore's common sense approach: Hi Bogleheads: One of the great mysteries to me are the Great Debates over Safe Withdrawal Rates (SWR). I put Safe Withdrawal Rates into Google and it came up with more than 16,000 hits. One wonders how people managed to retire without k...
by Silence Dogood
Fri Jun 12, 2020 7:02 pm
Forum: Investing - Theory, News & General
Topic: Confusion about the 4% rule
Replies: 91
Views: 4608

Re: Confusion about the 4% rule

OP, From the Bogleheads wiki: Safe withdrawal rates (emphasis added) Limitations of the Trinity study One scenario backtested in the Trinity study suggests that a retiree with a suitably allocated $1 million portfolio could withdraw $40,000 the first year, give herself a cost-of-living adjustment ev...
by Silence Dogood
Fri Jun 12, 2020 2:55 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 282
Views: 41927

Re: Is there an "upvote" feature in the forums?

OP,

I don't believe that it's a technical issue.

An "upvote" feature would change the nature of the discourse of this forum.

The site owners have decided (correctly, in my opinion) that such a change would not serve the purpose of this forum.
by Silence Dogood
Fri Jun 12, 2020 12:32 pm
Forum: Investing - Theory, News & General
Topic: Confusion about the 4% rule
Replies: 91
Views: 4608

Re: Confusion about the 4% rule

4% implies that an investor needs to save 25x expected annual expenses. That is, 25x expenses which will not be covered by other sources of income (e.g., Social Security). In the past, it's worked for a 50/50 stock/bond portfolio for a retirement lasting 30 years. It's an interesting observation tha...
by Silence Dogood
Fri Jun 12, 2020 12:26 am
Forum: Investing - Theory, News & General
Topic: Confusion about the 4% rule
Replies: 91
Views: 4608

Re: Confusion about the 4% rule

During the last few months my portfolio value has been all over the place... at the peak on Feb 19 it was at $702K and my FIRE number is about $1M. But say hypothetically I wanted to retire... in mid Feb I would've used $702k, 4% would be $28K/yr. At the low point in the crash it was about $480K so...
by Silence Dogood
Tue Jun 09, 2020 8:17 pm
Forum: Investing - Theory, News & General
Topic: US Officially Enters a Recession
Replies: 10
Views: 1938

Re: US Officially Enters a Recession

I was under the mistaken impression that the NBER does not call a recession until they have determined that it is over, but evidently I misunderstood something. Apparently there is "no fixed timing rule". However, the NBER's position on this seems to have evolved over time: (emphasis added) The NBE...
by Silence Dogood
Thu Jun 04, 2020 9:20 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 123
Views: 9664

Re: Vanguard vs. Fidelity

(1) Their account security picks a better point on the security vs convenience scale IMO (using SymantecVIP app, vs having to buy a YubiKey or settle for SMS) I wish that Vanguard would start supporting app-based two-factor authentication. One feature that I do like about the Vanguard website is th...
by Silence Dogood
Tue Jun 02, 2020 6:27 am
Forum: Investing - Theory, News & General
Topic: S&P 500's Closing Price at Year End
Replies: 5
Views: 539

Re: S&P 500's Closing Price at Year End

OP,

Here are our "expert" predictions: The 2020 Boglehead Contest
by Silence Dogood
Sun May 31, 2020 10:22 pm
Forum: Personal Consumer Issues
Topic: Double Play (Internet and TV)
Replies: 28
Views: 1225

Re: Double Play (Internet and TV)

Xfinity HD Preferred Extra 164.99 Equipment and Services 33.90 Services Fees (Broadcast TV Fee and Regional Sports Fee) 22.85 Taxes 9.60 Kids Rented one Movie 5.99 Total: 237.33 TV antennas are cheap enough (especially relative to a cable/satellite subscription) that it may be worth buying one just...
by Silence Dogood
Sun May 31, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: Double Play (Internet and TV)
Replies: 28
Views: 1225

Re: Double Play (Internet and TV)

atikovi wrote: Sun May 31, 2020 2:33 pm
runner3081 wrote: Sun May 31, 2020 2:26 pm
Silence Dogood wrote: Sun May 31, 2020 2:13 pm OP,

I have a TV antenna.

No additional cost after initial purchase.
Same here. It was less than 10 dollars.
Didn't antenna based service end over 10 years ago?
No. In fact, it's better than ever.
by Silence Dogood
Sun May 31, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: Double Play (Internet and TV)
Replies: 28
Views: 1225

Re: Double Play (Internet and TV)

OP,

I have a TV antenna.

No additional cost after initial purchase.
by Silence Dogood
Sun May 31, 2020 8:35 am
Forum: Personal Consumer Issues
Topic: Falcon 9 Launch to the International Space Station
Replies: 129
Views: 8765

Re: Falcon 9 Launch to the International Space Station

Stef wrote: Sun May 31, 2020 6:20 am If you wonder why the drone ship camera cuts out when the rocket is landing: https://www.youtube.com/watch?v=hH75bVG7HBo
4nursebee wrote: Sun May 31, 2020 6:34 am ISS tour

https://www.youtube.com/watch?v=QvTmdIhYnes
Very interesting videos! Thank you for sharing.
by Silence Dogood
Sat May 30, 2020 3:34 pm
Forum: Personal Consumer Issues
Topic: Falcon 9 Launch to the International Space Station
Replies: 129
Views: 8765

Re: Falcon 9 Launch to the International Space Station

FYI: If you have a Roku, NASA has its own channel.
by Silence Dogood
Fri May 29, 2020 10:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Adds TIPS?
Replies: 67
Views: 4450

Re: Vanguard Target Adds TIPS?

I'm not a fan of one-size-fits-all target date funds. They force feed strategies onto a large number of investors who share a common target date, while failing to account for the wide range of ability, willingness and need to take on risks (of any kind). I honestly think that many investors would b...