Search found 6408 matches

by delamer
Mon Dec 17, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: Bottom fishing
Replies: 9
Views: 845

Re: Bottom fishing

You say market timing is a folly, but it seems that you want to try it anyway.

That’s odd.
by delamer
Mon Dec 17, 2018 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Airbnb as side gig
Replies: 29
Views: 1917

Re: Airbnb as side gig

I am an Airbnb host. We have a home near a local college that we fully rennovated and get about $110 per night for. We just started in late October and average about $2,000 net per month in revenue. It’s about 10 minutes from our primary home and we always meet our guests and walk them through the ...
by delamer
Sun Dec 16, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: What is a good very safe Vanguard fund?
Replies: 17
Views: 1988

Re: What is a good very safe Vanguard fund?

I will spare you folks the long boring details but I need a very very safe Vanguard account to park some money for about two years. Not concerned about returns, etc. just safety. Will eventually move the money at a later date. Would a money market account make sense? Take a look at iShares® iBonds®...
by delamer
Sun Dec 16, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Selling well performing etf to purchase one that is on sale
Replies: 6
Views: 290

Re: Selling well performing etf to purchase one that is on sale

I do have an asset allocation that I am trying to maintain. In fact, my next purchases were going to be both IJR and VXUS because I should boost those categories to got to the desired asset allocation. I wanted to re-balance by buying additional shares as opposed to trading. Are you saying that you...
by delamer
Sun Dec 16, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Passing assets to next generation, best way !!!
Replies: 23
Views: 999

Re: Passing assets to next generation, best way !!!

Our wills set up trusts for our kids that will hold their inheritances. This trusts offer protection against divorce, creditors, and for Medicaid eligibility This is a good thought, so the will will start the trust process ? Yes, the wiils’ provisions fund the trusts at our deaths. We are not putti...
by delamer
Sun Dec 16, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Selling well performing etf to purchase one that is on sale
Replies: 6
Views: 290

Re: Selling well performing etf to purchase one that is on sale

Hopefully, you have a predetermined asset allocation for each fund (or sectorj.

If you need to rebalance to get back to your allocation, then sell/buy.

If not, the leave things alone.
by delamer
Sun Dec 16, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Passing assets to next generation, best way !!!
Replies: 23
Views: 999

Re: Passing assets to next generation, best way !!!

As someone else suggested, you need to meet with an estate attorney and get her/his recommendations. Our wills set up trusts for our kids that will hold their inheritances. This trusts offer protection against divorce, creditors, and for Medicaid eligibility (a worst case scenario). We also gift som...
by delamer
Sun Dec 16, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 19
Views: 612

Re: Any advice for buying a used car?

We have bought several used cars from CarMax and have been happy with them. You can test drive several models you are considering from different manufacturers in one place, which is a plus. Use edmunds.com and kbb.com to get an estimate of a fair price for any car, regardless of where you are going ...
by delamer
Sun Dec 16, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Passing assets to next generation, best way !!!
Replies: 23
Views: 999

Re: Passing assets to next generation, best way !!!

Are you thinking in terms of leaving an inheritance or gifting when you are alive, or both?
by delamer
Sun Dec 16, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Airbnb as side gig
Replies: 29
Views: 1917

Re: Airbnb as side gig

In my county, there is a license required (fee paid annually) and taxes that must be paid on each night’s rental to legally operate an Airbnb. So check that out in your locale. We currently have a problem with a neighbor who isn’t following the county regs but is renting out via Airbnb. Plus several...
by delamer
Sun Dec 16, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Account Or Three Fund Portfolio
Replies: 5
Views: 408

Re: Savings Account Or Three Fund Portfolio

Money that you need within a couple years should be in cash/cash equivalents.

The stock market is too risky and volatile for that purpose.
by delamer
Sun Dec 16, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investing a lump sum in today's market climate
Replies: 7
Views: 817

Re: Investing a lump sum in today's market climate

Good-day Bogleheads, this is my first post, so go easy… I'm a 40 year old expat (and recent Citizen of this fine country) currently paying monthly into 401k and happy to do so in pretty much any market cycle. No issues there. However, I have (perhaps fortunately) spent quite a few months deliberati...
by delamer
Sun Dec 16, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: What Kind of Bonds
Replies: 4
Views: 383

Re: What Kind of Bonds

Actually, “adjusting for the market seasons” is a decent definition of market timing. You are more likely to hurt your returns by trying to make those kinds of adjustments — regardless of what you call it — then to improve them. Find a long-term allocation both for and within bonds that you are comf...
by delamer
Sun Dec 16, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Stock Market down and Dividend amount paid.
Replies: 4
Views: 472

Re: Stock Market down and Dividend amount paid.

It just changes the percent yield. But sometimes, a company board will vote to cut the dividend, too, but investors will know that because dividend changes are publicly announced. Here is an example about GE's dividend: https://www.barrons.com/articles/ge-dividend-cut-1540905941 I always thought th...
by delamer
Sun Dec 16, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Non Diversified Portfolio With Large LT Gains
Replies: 7
Views: 500

Re: Non Diversified Portfolio With Large LT Gains

You could use a tool like TaxCaster to estimate the effect on your taxes of selling in one year versus over 2 years, 5 years etc.

Also consider the impact on your state incone tax, if applicable.
by delamer
Sat Dec 15, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5014

Re: Forgoing health insurance

She is a teacher and had excellent health insurance. Out of curiousity, what details of her insurance plan indicate it's "excellence"? I hear this often but I'm never sure what this means or how the consumer would know. Excellent insurance plan means the plan pays everything and you pay nothing. An...
by delamer
Sat Dec 15, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 31
Views: 1708

Re: Is this a good time to start paying extra on the mortgage?

Stocks are the one thing that people are reluctant to buy when the price is low. DCA = dollar cost averaging, a fancy term for buying on regular schedule. Thanks Whodidntante. Are they low yet? Most don't think so. When you make a statement like “Are they low yet? Most don’t think so,” it seems tha...
by delamer
Sat Dec 15, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 93
Views: 7123

Re: Can I retire

Thanks for the responses - even the blunt ones ! A couple of takeaways I know I have to prepare a budget - I meticulously track all our finances - I just don't want to see what we spend on groceries and eating out (LOL). We live very well but equally have come from more frugal backgrounds and I bel...
by delamer
Sat Dec 15, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: How do you know when dividend/interest is paid from a mutual fund?
Replies: 13
Views: 920

Re: How do you know when dividend/interest is paid from a mutual fund?

All my investments have told me ahead of time when dividends and interest payments are made, so I have never been surprised by a transaction. Does Vanguard do that? From searching around, it seems like they only announce a dividend distribution a day in advance? There is a list on their website of ...
by delamer
Sat Dec 15, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 31
Views: 1708

Re: Is this a good time to start paying extra on the mortgage?

You could certainly do worse things than pay down a mortgage. If it is helps you sleep better, that's worth something. I have a 3% mortgage too but have a bit longer until retirement. I don't mind having a mortgage that's lower than my local rate of inflation and am taking my time paying it off. Ho...
by delamer
Sat Dec 15, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: How do you know when dividend/interest is paid from a mutual fund?
Replies: 13
Views: 920

Re: How do you know when dividend/interest is paid from a mutual fund?

I download all new transactions into Quicken each week, so it is clear to me when there is a distribution.

Almost always, you can look at a fund’s distribution pattern for the prior year to determine when they will happen in the current year.
by delamer
Sat Dec 15, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 93
Views: 7123

Re: Can I retire

Yes expect to have reduced standard of living $150,000 to $180,000 Expenses - uurgh ! hate to think of it - current or anticipated or both (need a checklist for guidance) You should track your expenses for a few months to see where your money is going. If you “hate to think of it” you could be way ...
by delamer
Sat Dec 15, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 1978

Re: Possible Recession and a Retiree's postulation?

Take a look at this list of S&P 500 dividends by year: http://www.multpl.com/s-p-500-dividend/table They fell by over 23% from 2008 to 2009, and it took 4 years for them to get back to their (nominal) 2008 level. The overall trajectory is clearly up, but dividends can fall from year-to-year or for ...
by delamer
Sat Dec 15, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 1978

Re: Possible Recession and a Retiree's postulation?

Take a look at this list of S&P 500 dividends by year: http://www.multpl.com/s-p-500-dividend/table They fell by over 23% from 2008 to 2009, and it took 4 years for them to get back to their (nominal) 2008 level. The overall trajectory is clearly up, but dividends can fall from year-to-year or for m...
by delamer
Sat Dec 15, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: AA for a Retiree being a Booglehead
Replies: 20
Views: 1584

Re: AA for a Retiree being a Booglehead

One thing people fail to take account of is the enormous expense of dementia care which, as people live longer, becomes more of a possibility and/or necessity. Your mental state at age 65 or 70 tells you nothing about how you will be functioning at 85. A severe stroke or other severely limiting med...
by delamer
Sat Dec 15, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: AA for a Retiree being a Booglehead
Replies: 20
Views: 1584

Re: AA for a Retiree being a Booglehead

What would be the stock bond mix for someone in retirement , that would go along with the 3 fund portfolio. Is it your age in bonds? Or do you still keep with the pre retirement mix? I read somewhere John Bogle had an idea about this but I couldn't find it. Thank you for any help Tatala1945, Years ...
by delamer
Sat Dec 15, 2018 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 104
Views: 8356

Re: I made a mistake by not selling when the market was high this year

I have not read all of the responses closely. But I wanted to point out that it is possible that the OP just regrets not rebalancing before the recent decline. That may or may not be market timing. If s/he ignored an IPS in hopes of wringing out some more stock gains, then it is market timing. If s/...
by delamer
Sat Dec 15, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5014

Re: Forgoing health insurance

And lets get rid of the fallacy that a Healthcare System must treat you. They will stabilize you, they do not have to treat you. If you have cancer, they do not have to give you Chemo treatments. They do not have to give you a heart transplant. And just because a Health System needs to stabilize yo...
by delamer
Fri Dec 14, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: High Load and ERs
Replies: 7
Views: 662

Re: High Load and ERs

It isn’t clear what your question is.

Certainly you should encourage your daughter to transfer her funds to Vanguard, Schwab, etc. and offer to help with the paperwork.
by delamer
Fri Dec 14, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing all retirement funds
Replies: 2
Views: 328

Re: Rebalancing all retirement funds

Your allocation looks good, except it isn’t clear why you are considering the GNMA fund. Put more into the Total Bond fund in your account instead to get to the 25%. Yes, make all the changes at once. If this a bad time to buy bonds, what would be a good time? That’s the problem with trying to time ...
by delamer
Fri Dec 14, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding options
Replies: 4
Views: 281

Re: Withholding options

I'm sorry but this post left me a bit confused as I don't understand exactly what the questions is. However, I can tell you that if you can properly estimate your next years tax withholding obligations you should be able to adjust both of your withholdings in order to take just the amount needed to...
by delamer
Fri Dec 14, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring next year, would appreciate some advice
Replies: 30
Views: 2803

Re: Retiring next year, would appreciate some advice

I don’t understand why you would consider taking the lump sum rather than the pension; the annuity is so much higher than the potential SWR. The only exception would be if the pension would disappear if you predecease your wife. What would your wife receive as a survivor’s benefit if you die first? ...
by delamer
Fri Dec 14, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5014

Re: Forgoing health insurance

You are saying one of two things if you go without health insurance: 1. We can’t provide our children with the basic necessity of health insurance coverage, because our income is too low. 2. We don’t want to provide our children with the basic necessity of health insurance, because we have higher pr...
by delamer
Fri Dec 14, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Financing mortgage closing costs - to do or not to do?
Replies: 13
Views: 955

Re: Financing mortgage closing costs - to do or not to do?

Flamesuit ON! I personally am not against financing closing costs if you are in a low prop tax state. This can help (in my uneducated opinion) elevate the value of your house in the future (and those houses selling around you) as sold data is reviewed by potential buyers. Helps artificially inflate...
by delamer
Fri Dec 14, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Allocation when cost of living expenses covered
Replies: 23
Views: 1224

Re: Allocation when cost of living expenses covered

One thing to look at is what will be the income for each of you if the other passes and how that stacks up to expenses. One SS, reduced or no pension income?, annuity? tax filing single vs joint, etc. In our case my wife will lose her SS and 1/2 my pension income. I would lose only her much smaller...
by delamer
Thu Dec 13, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Financing mortgage closing costs - to do or not to do?
Replies: 13
Views: 955

Re: Financing mortgage closing costs - to do or not to do?

Flamesuit ON! I personally am not against financing closing costs if you are in a low prop tax state. This can help (in my uneducated opinion) elevate the value of your house in the future (and those houses selling around you) as sold data is reviewed by potential buyers. Helps artificially inflate...
by delamer
Thu Dec 13, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation when cost of living expenses covered
Replies: 23
Views: 1224

Re: Allocation when cost of living expenses covered

We are in exactly the same position (SS plus pensions covering all expenses) at the same ages. We have exactly the opposite allocation — 70% stocks and 30% cash/bonds. Our philosophy is that we can easily handle the risk/volatility of stocks. So why not invest for the long-term higher return to bene...
by delamer
Thu Dec 13, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Financing mortgage closing costs - to do or not to do?
Replies: 13
Views: 955

Re: Financing mortgage closing costs - to do or not to do?

One factor is how long you expect to keep the property and/or loan.

Shorter term means finance the closing costs.

Longer term means pay the closing costs.
by delamer
Thu Dec 13, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1154

Re: Buying used car

Even if the minivan went into service in Fall 2014, that is nearly 20,000 miles per year. I’d pass unless the price was really good. This is the entire premise of buying a used car. I don’t understand your comment. While used cars are priced lower than a new model of the same car, that doesn’t mean...
by delamer
Thu Dec 13, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1154

Re: Buying used car

Even if the minivan went into service in Fall 2014, that is nearly 20,000 miles per year. I’d pass unless the price was really good. This is the entire premise of buying a used car. I don’t understand your comment. While used cars are priced lower than a new model of the same car, that doesn’t mean...
by delamer
Wed Dec 12, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1154

Re: Buying used car

Even if the minivan went into service in Fall 2014, that is nearly 20,000 miles per year.

I’d pass unless the price was really good.
by delamer
Wed Dec 12, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: Recession Coming
Replies: 49
Views: 6063

Re: Recession Coming

"Dry powder" can mean investments in fixed income like Treasuries, CD's, short-term bond funds, etc., which can be liquidated to buy equities when they drop. In other words, rebalancing. It is an argument used to explain why not to be 100% stocks. It doesn't automatically mean money out of the mark...
by delamer
Wed Dec 12, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Recession Coming
Replies: 49
Views: 6063

Re: Recession Coming

Portfolio7 wrote:
Wed Dec 12, 2018 5:01 pm
What is this dry powder you speak of? My money is in savings, or it's invested - it doesn't sit around waiting for events I can't time...
Yup. My allocation is in place. If there is a big enough change in the markets, then I’ll rebalance.
by delamer
Wed Dec 12, 2018 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Lost value in 529 savings
Replies: 23
Views: 1572

Re: Lost value in 529 savings

You should look at the other investment options in the 529. There is probably a stable value fund/money market fund that you could use for some of the money (although don’t avoid stocks altogether). We hardly get to understand these investments. IL Brightstart Age based was simple for us to underst...
by delamer
Wed Dec 12, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Lost value in 529 savings
Replies: 23
Views: 1572

Re: Lost value in 529 savings

OK, I got what everyone is saying. So this year again I can contribute another 20K into 529 savings :) Hopefully the 2008 never repeats again :( You should look at the other investment options in the 529. There is probably a stable value fund/money market fund that you could use for some of the mon...
by delamer
Tue Dec 11, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Not accepting Medicare benefits
Replies: 24
Views: 4064

Re: Not accepting Medicare benefits

The IRMAA surcharges for any given year are based on your Modified Adjusted Gross Income (MAGI) from 2 years prior. So for 2019 the IRMAA surcharge is based on your 2017 MAGI. For Medicare, MAGI is your AGI from your 1040 plus your tax exempt interest income. There are a limited number of ways to a...
by delamer
Tue Dec 11, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or CD's
Replies: 5
Views: 517

Re: Bonds or CD's

1. You could use a bond fund that invests solely in government bonds, rather than one that has a large dose of private sector bonds (take your risk in your stock portfolio).

2. This isn’t an either/or situation. Put some in CDs and some in bonds.
by delamer
Tue Dec 11, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: New Retiree Investment Strategy
Replies: 19
Views: 1948

Re: New Retiree Investment Stratedgy

I appreciate everyone's reply and respect your wisdom. I fully understand the focus on Total Return and I agree. I have been investing in Vanguard funds since about 1990. While I am at 75% REIT, that's just my stocks. At this time, that only represents about half of my portfolio. And within the REI...
by delamer
Tue Dec 11, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Windfall predicament
Replies: 20
Views: 2566

Re: Windfall predicament

Funny how things change. We are looking into 529's for college and the separate stock and bond index funds that gradually reallocate over the long haul until we hit some of our target dates. The next concern is how much do I contribute into the 529's? PA's 529 allows deductions up to $28,000 filed ...
by delamer
Tue Dec 11, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Income is greatly reduced. When would you absolutely stop 401k contributions?
Replies: 12
Views: 1549

Re: Income is greatly reduced. When would you absolutely stop 401k contributions?

Just to answer some questions above.... 1) With her salary and other income, we can cover about 60% of pre-tax expenses, including mortgage. We are mid 40s, two middle school kids. 2) She's not employed by the S corp. Her 401k doesn't have an official match, but the employer typically makes an end ...