Search found 814 matches

by dharrythomas
Sat Apr 14, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 35330

Re: Is there a such thing as a blue collar Boglehead?

I can't ever claim to have been blue collar. But I had a number of years where I was making about the median wage at my primary job. 6 months between jobs, went to school at night several times. And I guess the work I did performing environmental field sampling in superfund sites is not different fr...
by dharrythomas
Sun Feb 18, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Really need an advice: sell the house or rent it out
Replies: 40
Views: 2341

Re: Really need an advice: sell the house or rent it out

There are no guarantees. I do not recommend that anyone with the equity or cash to sale become a landlord by default. It is a business and unless you want to work the business and are ready for the good and the bad stay out of it. If you want the money for a home purchase in 6 years, I would not con...
by dharrythomas
Fri Feb 16, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9937

Re: Can someone help me explain to my wife...?

No, I've given up. I've avoided the worst pitfalls (tech stocks and the housing bubble) because I didn't understand what was going on and got out of debt and stayed diversified. Told her I didn't understand and it wouldn't end well. I've been trying to explain that that is not the same as trying to ...
by dharrythomas
Sun Jan 07, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 1628

Re: Military Deployment Help—TSP Optimization

If you are able to commit $55K to retirement, I recommend tax exempt and Roth TSP. Upon retirement, you can execute a rollover using TSP partial withdrawal taking TSP balance down to the minimum separating tax deferred, Roth, and tax exempt monies. When you get the check for tax exempt monies, you ...
by dharrythomas
Sun Jan 07, 2018 11:47 am
Forum: Investing - Theory, News & General
Topic: Does the S&P 500 Grow Faster Than the Economy?
Replies: 31
Views: 3120

Re: Does the S&P 500 Grow Faster Than the Economy?

Only in the short run, in the long term there should be rough correlation offset by cyclical changes in the P/E ratio. Of course, the short run may last longer than any individual's investing horizon.
by dharrythomas
Sat Jan 06, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2830

Re: Do we have too much in bonds?

Don't take more risk than you need too. It appears that you have won, 45/55 would seem within the zone of reasonableness.
by dharrythomas
Sat Jan 06, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is now not a good time to start investing?
Replies: 36
Views: 2932

Re: Is now not a good time to start investing?

It is always a good time to start investing. +1 The other good quote above is were cfs says "Nobody knows nothing" Invest you must! If you were in your mid-50's with 80% stocks this far into a bull market, with money you can never replace and need for retirement, it is probably time to trim the ris...
by dharrythomas
Fri Jan 05, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27566

Re: Hitting The Sell Button

Nedsaid, Thanks. Great thread. 55 plan to retire at 62, though may continue to work, definitely will be doing something different. Will have GS and Army Reserve Pensions that with SS should give us enough. I made my plan while working in the private sector and just kept working it when I became a FE...
by dharrythomas
Fri Jan 05, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 8699

Re: Talk me out of a 60/40 AA

Sandtrap wrote:
Thu Jan 04, 2018 9:56 pm
Ferri on Bernstein's 60/40 allocation:
He has an interesting take on things you might find interesting.
http://www.etf.com/sections/index-inves ... nopaging=1
[/quote]

+1
by dharrythomas
Fri Jan 05, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 8699

Re: Talk me out of a 60/40 AA

Talk you out of it? I'll talk you into it! IMHO it's the ultimate SWAN portfolio for all people at all ages. Im 60/40 and I'm 53 and my wife is 57. My wife shows no interest at all in investing. After thinking about it for 20 plus years, upon retirement, I plan to put it all in the Vanguard Balance...
by dharrythomas
Tue Jan 02, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: VFFVX Vanguard Target Retirement 2055 Fund Investor Shares
Replies: 6
Views: 400

Re: VFFVX Vanguard Target Retirement 2055 Fund Investor Shares

Are these the funds that the VFFVX is composed of? 1 Vanguard Total Stock Market Index Fund Investor Shares 54.5% 2 Vanguard Total International Stock Index Fund Investor Shares 35.5% 3 Vanguard Total Bond Market II Index Fund Investor Shares* 7.0% 4 Vanguard Total International Bond Index Fund Inv...
by dharrythomas
Tue Jan 02, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: VFFVX Vanguard Target Retirement 2055 Fund Investor Shares
Replies: 6
Views: 400

Re: VFFVX Vanguard Target Retirement 2055 Fund Investor Shares

livesoft wrote:
Tue Jan 02, 2018 1:48 pm
This fund is more than great for a Roth IRA for a 26-year old at the present time. No one can predict what the "best fund" was until they have the power of hindsight in 5, 10, 15, 20, ... years.
+1
by dharrythomas
Tue Jan 02, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Contribution - New Job
Replies: 3
Views: 357

Re: 401k Contribution - New Job

Most of us who have been around for awhile, have at least some money in a taxable account. When I was getting started, the IRA limit was $2,000.

One option might be to increase the contribution to your accounts, if you're not already at the max.

Taxable is not bad.
by dharrythomas
Tue Jan 02, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 57
Views: 4596

Re: Opted into the new military retirement system/BRS

MilitaryDoc, The matching goes into traditional. You don't gets deduction because it's not taxed until you withdraw it. Then it will be taxed. I'm a GS civilian, using the Roth TSP. I like the blended retirement system, not for what it does for folks that become military retirees but because it prov...
by dharrythomas
Tue Jan 02, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Paying off mortgage before investing at all?
Replies: 75
Views: 8042

Re: Paying off mortgage before investing at all?

I am extremely anti debt, I don't like the risk.

I would never recommend that someone pay off long term debt at the cost of missing matching funds or having no liquid assets.
by dharrythomas
Sat Dec 30, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Break Even Calculation - How do you do it?
Replies: 27
Views: 2198

Re: Roth Conversion - Break Even Calculation -

I don't think there is one simple formula. Most assume that you"'ll withdraw from the Roth on a similar basis as the traditional account. Is it big enough to change the tax status of SS? Will you need RMDs or will this be passed to heirs? If you can defer RMDs and plan to pass the account to heirs, ...
by dharrythomas
Fri Dec 29, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out retirement accounts
Replies: 55
Views: 4363

Re: Maxing out retirement accounts

Just curious how many of you maxed out retirement accounts when you first began investing. I feel like it’s just not realistic when you first begin with all the bills, loans, and short/ midterm goals. I suppose each year my income increases more will go toward those retirement accounts. Let me know...
by dharrythomas
Wed Dec 27, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's Windfall/Inheritance/Retirement/Merrill Lynch
Replies: 37
Views: 4971

Re: Wife's Windfall/Inheritance/Retirement/Merrill Lynch

First, welcome. Second, I'm reading between the lines a little, so if it doesn't apply ignore it. What strikes me is that y'all were doing OK and saving a little money and then you got a windfall. It looks like the inheritance is significantly more than you were going to accumulate. You were not goi...
by dharrythomas
Mon Dec 25, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Late 30s, I think I’m doing everything right but would like a once-over
Replies: 14
Views: 2642

Re: Late 30s, I think I’m doing everything right but would like a once-over

You're fine. Saving $70K per year will set you up. You'll be far ahead of most people, you are already far ahead of most people. You could simplify the number of accounts, the redundancy probably hurts returns somewhat. The only question is what is either your savings goal or your anticipated retire...
by dharrythomas
Mon Dec 25, 2017 10:26 am
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 8741

Re: My Christmas Present to You

Taylor,

Thank you, Merry Christmas, and God Bless.
by dharrythomas
Sat Dec 23, 2017 6:30 pm
Forum: Investing - Theory, News & General
Topic: "The Most Important Investment Decision You'll Ever Make"
Replies: 16
Views: 3923

Re: "The Most Important Investment Decision You'll Ever Make"

Kitty, The is not a bond bubble, that implies speculation. What we have is low interest rates. Falling interest rates have added to the return on bonds since the Volker FED broke inflation in the early 1980s. As interest rates move back up to a more normal level, this will lower the return on bonds....
by dharrythomas
Sat Dec 23, 2017 6:16 pm
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6004

Re: Who missed out on maximizing 401k?

I've never maxed out a 401(k) or TSP. I came close a couple times after the Army Reserve was allowed into the TSP. But we paid off the house early and now all of my TSP contributions are Roth, so I guess I might be contributing more than an equivalent pre-tax match. But since I've retired from the R...
by dharrythomas
Sat Dec 23, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 5190

Re: Any Target Date Funds better than Vanguard?

The TSP might be better, if you have access. For the same date find you get lower expenses, lowere stock percentage, and less international. Like livesoft, I don't think there is another commerical firm that is anywhere near as good.
by dharrythomas
Mon Dec 18, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 5598

Re: When to move into bonds

Ben Graham would have recommended you make the move a long time ago. He said that the default position should be 50/50 and that everyone should be somewhere between 75/25 and 25/75. We just all think we know better. +1 Old Ben was a wise man. He also was a strong advocate of stock picking too. It s...
by dharrythomas
Sat Dec 16, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 5598

Re: When to move into bonds

Ben Graham would have recommended you make the move a long time ago. He said that the default position should be 50/50 and that everyone should be somewhere between 75/25 and 25/75. We just all think we know better.
by dharrythomas
Fri Nov 24, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Light on Taxable- Cut Retirement Contributions Or Take 10% Penalty?
Replies: 21
Views: 2027

Re: Light on Taxable- Cut Retirement Contributions Or Take 10% Penalty?

rob wrote:
Thu Nov 23, 2017 11:37 pm
Read up about SEPP - Substantially Equal Periodic Payments
+2
by dharrythomas
Fri Nov 24, 2017 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 38
Views: 2340

Re: Should I Pay Off My Mortgage When I Retire?

I'd pay it off, but the amount is small to you and the term is short so your risk is minimal. I have no strong feelings either way and recommend you do whatever you want.

Good luck

Harry
by dharrythomas
Fri Nov 24, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Help with estate planning
Replies: 21
Views: 2493

Re: Help with estate planning

An $11M estate provides inheritances an order of magnitude beyond what I have experience with, I won't even pretend to offer advise beyond, you've probably reached the level where professional advice would be helpful.

Good luck

Harry
by dharrythomas
Fri Nov 24, 2017 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. Mortgage Payoff
Replies: 21
Views: 2307

Re: Bonds v. Mortgage Payoff

When I retire, we'll have pension income that will cover expenses and when you consider that I won't have TSP contributions and FICA taxes, and Health insurance premiums, may provide more free cash flow than we've got now. We paid off the house four years ago, did not offset it against bonds, are re...
by dharrythomas
Sat Oct 07, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 12560

Re: Millionaire Next Door (Thank you Bogleheads)

The Millionaire Mind is also a good book.

Interestingly, Dr Stanley didn't follow his own advice. He died when he wrecked his new sports car.
by dharrythomas
Sun Aug 13, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Securities in an Insecure World...Graham
Replies: 12
Views: 1693

Re: Securities in an Insecure World...Graham

Graham's default asset allocation was 50/50 and he said that regardless of market conditions everyone should be between 75/25 and 25/75. So never exit the market and never be without a cushion in bonds.

Good luck!

Harry
by dharrythomas
Sun Aug 13, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Can recent rise in stocks be due to fall in dollar?
Replies: 5
Views: 770

Re: Can recent rise in stocks be due to fall in dollar?

I think the answer is maybe, sometimes on cause and effect, but I don't try to account for it except as far as currency fluctuations are included in my inflation assumptions. In your international funds, the falling dollar will increase the value of your holding and a large currency move mave overwh...
by dharrythomas
Sat Aug 12, 2017 9:35 pm
Forum: Investing - Theory, News & General
Topic: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?
Replies: 35
Views: 4509

Re: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?

By the strictest definition, my guess would be almost everyone who's been at this longer than a week. In fact many of us started out without a long term plan, which is even more dangerous to long term financial success. I have adjusted my plan, I took some risk off the table a couple of months ago. ...
by dharrythomas
Sat Aug 12, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 7997

Re: "Honesty like that is rare!"

The TSP is great but they do something similar by having the C and S fund when they could just have a total US stock fund. And the I could also include EM to be broader. I know a lot of people who hold more S than C. Certainly not 70% C, 30% S. They don't want to hold the market at market weights. ...
by dharrythomas
Thu Aug 03, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: Fidelity four-in-one index fund lower ER, invest everything in it?
Replies: 40
Views: 7099

Re: Fidelity four-in-one index fund lower ER, invest everything in it?

I used it years ago in a 401(K). It's a good fund IF you like the asset allocation. I only had three issues with Fidelity. 1) There lineup of index funds were limited 2) There Target date funds were packed with below average Fidelity growth funds (so after FNOX was removed from the plan, I took a bi...
by dharrythomas
Mon Jul 31, 2017 6:38 pm
Forum: Investing - Theory, News & General
Topic: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"
Replies: 37
Views: 5358

Re: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"

I understand. Thanks Taylor. If you read the fine print, the LifeStrategy and Target Retirement funds receive a rebate from the underlying funds to pay the fund expenses. Since there are actual costs involved, if you used admiral funds, you'd be providing the underlying funds at the institutional co...
by dharrythomas
Mon Jul 31, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 5343

Re: How Fidelity’s War With Vanguard Means Big Savings for Investors

For Fidelity this loss leader is advertising. They need to stay big to stay relevant and they are bleeding assets. As their base drops, their fixed costs eat a growing percentage of the return making it harder to compete. Once they get the sheep in, they can sell them the more expensive managed fund...
by dharrythomas
Sun Jul 23, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: How leveraged should your US market investments have been?
Replies: 16
Views: 2004

Re: How leveraged should your US market investments have been?

As the Nobel Prize winners at LTCM found out. Even if your theory is right, if you use leverage, the markets can stay irrational longer than you can stay solvent. Limit you leverage and keep plenty of reserves. Nerves of steel won't prevent margin calls when the market moves against you. Leverage, d...
by dharrythomas
Sun Jul 23, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Son's trust fund for education
Replies: 13
Views: 1459

Re: Son's trust fund for education

Our son was matriculating in 2002. He had an UGMA of a bit more than $100,000 in August 2001. Portfolio of 70% bluechip stock and funds, 30% EE bonds 4% guaranteed, By Jan 2003, Semester #2, the UGMA was $40,000 and only $2000 was used for Semester #1. His school cost-of-attendance was ~$34,000/yr....
by dharrythomas
Sun Jul 23, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Retired and Lost :( Thrift Savings Plan Question
Replies: 9
Views: 2219

Re: Retired and Lost :( Thrift Savings Plan Question

1) As stated above, you need to read up on MRD, you must start drawing at 70 based on life expectancy. 2) I'd use the LifeCycle 2030 fund, it gives you some growth and risk but is far short of all equities. But most importantly, don't look at the TSP in isolation! You need to consider anything else ...
by dharrythomas
Sat Jul 22, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 10225

Re: Larry Swedroe: REITs Aren't Special

The biggest problem with data based investing is that the data is backwards looking in a fast moving ever changing environment. Investing is more art than science. At best it is a type of social science where you can predict what will happen most of the time under normal conditions. You use regressi...
by dharrythomas
Sat Jul 15, 2017 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on 1 (maybe 2) year investment
Replies: 2
Views: 311

Re: Advise on 1 (maybe 2) year investment

A CD is the right play. Return is low, but anything more is not an investment over a one or two year horizon. It's a gamble. Good luck
by dharrythomas
Sat Jul 15, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 10280

Re: Personal Finance Milestone: 20 Times Annual Expense

Congratulations! Saving 1/3 is quite impressive.

I've also made multiple errors and continue to do so, don't feel alone. I've have been amazed at how well it turned out in spite of me. We've been blessed.

Good luck.

Harry
by dharrythomas
Sat Jul 15, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 8679

Re: 90:10 AA - what don't you believe about it?

This article by Andrew Lo on the Adaptive Market Hypothesis, appears to be on topic. He notes that as a group, we take the wrong lessons from periods like now and increase our risk, while another crisis is coming.

http://www.marketwatch.com/story/this-i ... 2017-06-02
by dharrythomas
Sat Jul 15, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 8679

Re: 90:10 AA - what don't you believe about it?

Based on what he says he pays in taxes, the fact that only $100,000 in income came from Salary, and the fact that he didn't get any dividends or capital gains from BKR, my rough estimate is that he has at least $100M in other funds. If you have enough money so that with 10% in bonds, if all your sto...
by dharrythomas
Sat Jul 08, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Federal Couple - Financial Independence? Early Retirement?
Replies: 18
Views: 3351

Re: Federal Couple - Financial Independence? Early Retirement?

If you only need 75k a year, then you're done. It doesn't matter what the FERs pension is worth, a 4-5% rate of return on your investments and social security and you're covered. The big issue here is what will your expenses, including health care, really be. +1. Relax, you can even win if you cut ...
by dharrythomas
Sat Jul 08, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Choose Funds in New 401K
Replies: 8
Views: 559

Re: Help Me Choose Funds in New 401K

I would like to maintain an aggressive allocation with either 80/10 or 90/10. Any insight on which funds to pick would be greatly appreciated. I'm in my low 30's and my only other retirement savings are a Roth and Traditional IRA. All funds invested in VFIFX - Vanguard Target Retirement 2050 which ...
by dharrythomas
Sat Jul 08, 2017 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out Roth Before Exceeding Income Limit?
Replies: 4
Views: 554

Re: Maxing out Roth Before Exceeding Income Limit?

Yes, I think, in general, it makes since to use a Roth account while you can.

Good luck.

Harry
by dharrythomas
Sat Jul 08, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help family member with finances
Replies: 19
Views: 1584

Re: Help family member with finances

I think the rule is that a current spouse has to wait, but an ex can start when the earner turns 62. Otherwise, someone might not file out of spite. I made the (maybe invalid) assumption that since she'd been out of the workforce for some years that with all the zeros she'll have in the calculation ...
by dharrythomas
Sat Jul 08, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio?
Replies: 24
Views: 2527

Re: Should I simplify my portfolio?

The answer to your question is almost always yes. You could do worse (and most people do) than investing 100% in LifeStrategy Growth for 25 years, then switching to LifeStrategy Moderate Growth until retirement, then to LifeStrategy Conservative Growth. Or you could pick one Target Retirement Fund, ...