Search found 914 matches

by dharrythomas
Sat Jan 12, 2019 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting Guidance - 29 y/o military investor
Replies: 18
Views: 1363

Re: Requesting Guidance - 29 y/o military investor

I'll admit ignorance since I'm on the old system and not BRS. But are you sure that you can't max TSP and then get matching contribution above that? My wife's 401k works this way, so we're able to put ~25k/year with the company match. It's a nice expansion of tax deferred space. Abracadabra11, Usua...
by dharrythomas
Fri Jan 11, 2019 9:37 am
Forum: Investing - Help with Personal Investments
Topic: 35...am I on the right track? Feeling overwhelmed with options
Replies: 12
Views: 2012

Re: 35...am I on the right track? Feeling overwhelmed with options

Move the 401(K) to Vanguard and use the big pay raise as an opportunity to increase your 401(K) contributions. You are doing fine. Living below your means and saving money is critical. If you max the 401(K), you’ll probably still get a bump in disposable income from your raise, do do something you e...
by dharrythomas
Fri Jan 11, 2019 9:08 am
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5221

Re: BHers, what is your Roth IRA %?

Basically, we’re at 30% Traditional, 30% Taxable, and 40% Roth. Now, I pull money from taxable each year for Roth IRA contributions and my IRA plus match is split 50/50 between Traditional and Roth. So taxable is declining and Roth will be growing faster. My contribution decisions are informed by an...
by dharrythomas
Sat Jan 05, 2019 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Delaying retirement just to help adult children
Replies: 66
Views: 6124

Re: Delaying retirement just to help adult children

If your brother and SIL asked my advice , I’d tell them to sit down and talk to their kids about their impending retirement and how it would impact the kids... +1 And continuing that logic, unless Bro and SIL begged for my advice I would stay right out of that minefield. There is little upside, but...
by dharrythomas
Sat Jan 05, 2019 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund vs. 3 Fund Portfolio
Replies: 53
Views: 17609

Re: Target Date Fund vs. 3 Fund Portfolio

I like Target Retirement and LifeStrategy Funds. For minimal cost, Vanguard handles the rebalancing.
by dharrythomas
Sat Jan 05, 2019 9:26 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on placing REITs in Roth IRA?
Replies: 16
Views: 1179

Re: Thoughts on placing REITs in Roth IRA?

Yep. Its totally reasonable to hold REITs in a Roth IRA. But is it good to? If you are going to hold REITs and you are going to be holding index or tax managed funds in taxable and all your taxable bonds in either traditional or Roth accounts, it is good to hold the REITs in the Roth or Tradtional ...
by dharrythomas
Sat Jan 05, 2019 9:18 pm
Forum: Investing - Theory, News & General
Topic: 2019 Roth all at once or over time.
Replies: 19
Views: 1419

Re: 2019 Roth all at once or over time.

No one knows what is best for in particular timeframe, but in general since markets trend upward, you’re better off investing now.
by dharrythomas
Tue Jan 01, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: The Intelligent Investor
Replies: 16
Views: 1373

Re: The Intelligent Investor

I love this book, but livesoft is correct. Graham by the end of his life, was moving towards recommending indexing. His most famous disciple recommends it for most people.
by dharrythomas
Tue Jan 01, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 159
Views: 7686

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

No. It will be around the end of January. It used to be in June, when I received a periodic payment, but that ended. I’ll wait to sell some Total World Stock until 30 days after the dividend. Then we’ll fund LifeStrategy Moderate Growth in our Roth accounts. Currently all new investment is in the TS...
by dharrythomas
Tue Jan 01, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Odds on next trade are 50-50 Bernstein: Against the Gods
Replies: 32
Views: 2816

Re: Odds on next trade are 50-50 Bernstein: Against the Gods

I know some finance professors personally, and none believe in the random walk hypothesis; the momentum factor is too big to ignore. And none believe that the EMH is strictly accurate in any market either for that matter. The term "professor" carries no weight at all. Most of the time someone is a ...
by dharrythomas
Mon Dec 31, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA suggestion for 18 year old son
Replies: 9
Views: 388

Re: Roth IRA suggestion for 18 year old son

Kenkat wrote:
Mon Dec 31, 2018 11:23 am
My 19 year old is using Vanguard LifeStrategy Growth as a starting fund.
+1
by dharrythomas
Wed Dec 26, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my retirement plans
Replies: 13
Views: 1919

Re: Thoughts on my retirement plans

There's another reason to delay SS, beyond the immediate rate of return. SS is indexed to inflation, while investment returns are not. So, even if your investment returns were 8%, delaying SS for another 8% return per year (indexed to inflation!) would still be the better choice. Delaying SS is not...
by dharrythomas
Sat Dec 22, 2018 9:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present To You
Replies: 108
Views: 11123

Re: My Christmas Present To You

Taylor, I was thinking about your WWII service and thinking that I needed to thank you. From a second generation paratrooper to one of the first, thank you for your sacrifice. Also thank you for your dedication to spreading the word about low cost index investing. You have been a consistent voice of...
by dharrythomas
Sun Dec 16, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: Was Eliminating Investor Class Shares a Mistake?
Replies: 16
Views: 2679

Re: Was Eliminating Investor Class Shares a Mistake?

Young investors, who are bombarded with things like Robin hood, free trading, will gravitate to ETFs anyway. They can get same free trades from Vanguard or a handful of other places, and low cost commissions elsewhere. Also for some small investors, a life strategy, target date or other balanced fu...
by dharrythomas
Sat Dec 15, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20278

Re: What Happened to you during the Financial crisis of 2007–2008

Scared us. We'd been in value so had fallen behind in the late 90s and made it up with the Tech crash. In2008, apparently everyone was on the edge of collapse except Warren Buffett and Jamie Diamond. Fought some with DW about accounts being down $100s of K. :annoyed Of course, we'd fought before abo...
by dharrythomas
Sat Dec 15, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Buying the dividend
Replies: 18
Views: 1619

Re: Buying the dividend

Just bought total stock market on sale and forgot about the dividend. Can I still cancel the trade? It's only on sale now if it is near the bottom :twisted: and we may not know that for a while. So far it is about where it started the year. S&P in the 600s 8-9 years ago was on sale, there were more...
by dharrythomas
Sat Dec 15, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: vanguard annual fee
Replies: 4
Views: 811

Re: vanguard annuel fee

I haven't been there is a while, but as I remember it, this wasn't a transaction fee but a fee charged to the account quarterly.
by dharrythomas
Fri Dec 14, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: MLP's [Master Limited Partnership]
Replies: 26
Views: 1637

Re: MLP's [Master Limited Partnership]

Go back and read all the posts about Kinder-Morgan MLPs and until you fully understand how the MLP holders got screwed over. Kinder-Morgan is a very well run company. This is from memory. The MLPs were paying out a great deal and there were rumblings in the market that they were too generous. So whe...
by dharrythomas
Fri Nov 23, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4402

Re: "Investing" conversations at work

I provide very little input other than they should save at least enough to get the match and should consider increasing their rate as their salary increases.
by dharrythomas
Fri Nov 23, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17252

Re: Do you need to invest mostly in stocks to get rich?

Do you need to invest mostly in stocks to get rich? No, you need to save more than you spend to get rich. +1 It doesn't matter how much you you make or what you invest in, if you can't save a significant amount of you income and control debt, you can never be rich. Savings rate is much more importa...
by dharrythomas
Thu Nov 22, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Black Friday Sale on VTSAX [Vanguard Total Stock Market]
Replies: 7
Views: 3218

Re: Black Friday Sale on VTSAX [Vanguard Total Stock Market]

When considering real returns for the S&P 500 with dividends reinvested: History has shown that there have been some periods (1929, 1968, 2000), where it takes a (ahem) bit of time for the market to generate positive real returns. Like at least 15 years in the first two cases. Now that we are about...
by dharrythomas
Thu Nov 22, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: Transfers Between Vanguard Accounts?
Replies: 10
Views: 1902

Re: Transfers Between Vanguard Accounts?

Yes, it is a pain but it is set up to protect from someone moving money in a joint account into an account titled in one name. It is doable but a multi-step process designed to protect the shareholder
by dharrythomas
Thu Nov 22, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Investment strategy - timing issue
Replies: 23
Views: 1474

Re: Investment strategy - timing issue

The best time for you to have started investing was 10 years ago during the Grear Recession, when asset prices were down and no one wanted to invest because the world was coming to an end. The next best time to invest is now, even though markets feel high. There is always a reason not to invest. I g...
by dharrythomas
Thu Nov 22, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing long term vs. short horizon needs
Replies: 8
Views: 854

Re: Balancing long term vs. short horizon needs

Nobody here can really answer your question. Either of your options is reasonable. In general, time in the market is good and earlier is better because over time the matte usually goes up. So if you do it repeatedly over an extended period of time, in the past, in most cases being in the market woul...
by dharrythomas
Sat Nov 10, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: P/E Ratios - US vs International
Replies: 19
Views: 1521

Re: P/E Ratios - US vs International

What would be the purpose of such analysis? Would you attempt to determine how much to weight the two in an asset allocation? The 'problem' with using P/E ratios for this purpose, especially valuation metrics like CAPE, is that they are not reliably mean reverting. This is true of both individual s...
by dharrythomas
Fri Nov 09, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 4151

Re: 401k Removed Index Funds

Part of your problem is that in general, American Funds is a good fund family with a pretty good long term track record. These are not the old Fidelity Destiny Funds sold by First Command. Depending on plan expenses, this plan doesn't sound too bad. I've been in several plans where the options were ...
by dharrythomas
Fri Nov 09, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date vs 2 or 3 Fund Portfolio
Replies: 7
Views: 893

Re: Target Date vs 2 or 3 Fund Portfolio

We have nothing but Target Retirement (Lifecyle in the TSP) and LifeStrategy in our Traditional and Roth accounts. The less I do, the fewer times I'm tempted to fiddle with my account, and the better I do.
by dharrythomas
Fri Nov 09, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: USAA getting out of mutual fund biz
Replies: 39
Views: 5251

Re: USAA getting out of mutual fund biz

We started investing with USAA years ago, but then they started market timid with their funds and raised their fees significantly so we moved to Vanguard. I think the last move was 2001. Still use them for banking and insurance. They've got the same problem with rapid expansion that Vanguard has had...
by dharrythomas
Fri Oct 19, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: What the heck to do with $2M windfall
Replies: 22
Views: 4208

Re: What the heck to do with $2M windfall

1) Pay off all your debt. 2) Double check the Insurance. 3) Put $1.5M with the $1.2 in your portfolio. If you have $2.7M and 2.5 decades, with a reasonably agressive asset allocation, you ought to be able to double the lump sum twice and have over $10M. Particularly if you plan on working for anothe...
by dharrythomas
Fri Oct 19, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth IRA: Hitting mutual fund limits at the beginning
Replies: 16
Views: 1339

Re: Investing in Roth IRA: Hitting mutual fund limits at the beginning

If you don't like Target Retirement, LifeStrategy with a fixed asset allocation is a reasonable choice. If you want, you can pull it out and reconfigure in a few years. You might decide that you like the convienence of one fund. The sentiment above is right. Until you build your account balance thro...
by dharrythomas
Sun Oct 07, 2018 6:02 am
Forum: Investing - Theory, News & General
Topic: 2018 Bogleheads Conference Notes
Replies: 36
Views: 5518

Re: 2018 Bogleheads Conference Notes

Thank you for posting the presentations.
by dharrythomas
Sun Sep 30, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Books
Replies: 55
Views: 6453

Re: Warren Buffett Books

I've read both The Snowball and Buffett. You learn more about Buffett as a person with The Snowball. You also learn about some of the deals and there is even a chapter about other conglomerates. Trading stamps and the deal with Berkshire Hattaway are prominent. I enjoyed Buffett but it was like the ...
by dharrythomas
Sun Sep 09, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Myth Busting on Index Funds
Replies: 16
Views: 4205

Re: Myth Busting on Index Funds

Larry,

Thanks.
by dharrythomas
Thu Sep 06, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: returns for the next decade
Replies: 40
Views: 4366

Re: returns for the next decade

Who knows. Speculation based on PE ratios and current interest rates and directions indicates that returns should be low but whatever adjustment in values is anticipated could be delayed. We could have high returns for the next decade and then an extended nothing while prices normalized. I've been w...
by dharrythomas
Tue Sep 04, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 36
Views: 7529

Re: Wellington Fund: where is the special sauce?

Bond prices move inverse to interest rates. While the Fed continues the tightening cycle, we can expect bond prices to drop. That will depress the return of balanced funds because diversification works even when you don't want it to.
by dharrythomas
Tue Sep 04, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3961

Re: DIY: Three versus One! Are the Advantages Worth it?

Moving to Vanguard and making the big expense cut is where you save money. If you have the discipline, rebalancing isn't that hard but the cost savings it's that much. Moving from say USAA Cornerstone Moderately Agressive to Vanguard LifeStrategy Moderate Growth reduces the expense ratio from 0.97 t...
by dharrythomas
Tue Sep 04, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Why are you not compensated for taking unsystematic risk?
Replies: 42
Views: 2497

Re: Why are you not compensated for taking unsystematic risk?

The real reason is that unsystematic risk is a zero sum game and in a zero sum game the return for all players is ZERO. The same amount of :moneybag will be lost as won. An individual may come out ahead by taking uncompensated risk, but the system as a whole can only break even--somebody has to be o...
by dharrythomas
Sat Jul 21, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9375

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Investing in a basket of stocks allowed me to be FI at least 10 years earlier than indexing. While I dont maintain the same allocation I still have some in direct stocks. Plus I took the risk and had a significant corpus tied to a house or two. Both worked. I am glad I did this when young and did n...
by dharrythomas
Thu Jul 19, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: [A Splendid Exchange, by William Bernstein - on sale for Kindle]
Replies: 19
Views: 2204

Re: Splendid Exchange Kindle Sale

I bought it on the 16th. I'm looking forward to reading it.
by dharrythomas
Tue Jul 17, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: divorce- helping my best friend
Replies: 5
Views: 1473

Re: divorce- helping my best friend

If they went into the joint account and selected average cost basis for each fund and then asked Vanguard to divide each fund 70/30, wouldn't it achieve the same thing?
by dharrythomas
Sat Jul 14, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4692

Re: Abundance came late, now I'm overwhelmed playing catch up

Since this is taxable money, Tax Managed Balanced Fund is worth looking at 49/51 with US large cap and municipal bonds. With $200K in CDs and then the income produced from your owner financed sales being "bond-like", even with 50% stock, you are still at somewhere under 15% stock overall. I don't th...
by dharrythomas
Sat Jul 14, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 7279

Re: Dave Ramsey made me laugh today

Dave Ramsey has real life experience with debt in the real estate business. The President was into the banks for enough that he owned the banks. Dave was like most of us and the banks owned him and put him out of business. When he talks about debt, he talks from experience and from the heart.
by dharrythomas
Sat Jul 14, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14568

Re: Saving 20% of paycheck isn't enough

For the sake of my argument, I will say we want to retire at 50. This topic is open to discussion, I feel that 10-20% savings is simply not enough and should be aimed more at 40% to achieve an early retirement goal. I want to retire at 50. To calculate the percentage I need to save, I simply determ...
by dharrythomas
Sat Jul 14, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 16280

Re: Why is leveraging property good but leveraging stocks bad?

Debt/leverage is dangerous. Take it from someone who lives in a house bought in a short sale from a tax attorney, when the economy or market turns, unless you've got funds sitting in low return cash investments, you are at risk. It doesn't matter how smart you are (see LTCG) the leverage that has t...
by dharrythomas
Sat Jul 14, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 18135

Re: Direct Real Estate Returns

It surprises me, that on this forum direct real estate is not looked at as another way to diversify one's portfolio and is being criticized so often. I don’t think this forum is particularly anti real estate. Yeah, I think it's maybe just anti claims of things like routine 38.75% returns via owning...
by dharrythomas
Sat Jul 14, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 16280

Re: Why is leveraging property good but leveraging stocks bad?

Debt/leverage is dangerous. Take it from someone who lives in a house bought in a short sale from a tax attorney, when the economy or market turns, unless you've got funds sitting in low return cash investments, you are at risk. It doesn't matter how smart you are (see LTCG) the leverage that has th...
by dharrythomas
Tue Jul 10, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: 28/F looking for some financial advice
Replies: 22
Views: 2775

Re: 28/F looking for some financial advice

Unload most of the employer stock. Do what you want with the current individual stocks, but don't buy more. We have money in a couple of credit unions and USAA Bank. I've needed to access Signature Guarantees on occasion and it helps to have an account. You are doing great, well ahead of curve. Tom ...