Search found 5617 matches

by bertilak
Thu Nov 16, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Retirement withdrawals - lump sums or piecemeal?
Replies: 4
Views: 486

Re: Retirement withdrawals - lump sums or piecemeal?

How do you take your withdrawals? If you operate on on X$ per year, do you take it all out in one fell swoop or do you take it out as needed? What are your mechanics of that considering that it takes maybe a week to actually get the money where you can access it. It seems sometimes that withdrawal ...
by bertilak
Thu Nov 16, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: reached 54K IRS limit, now will miss employer match, what to do
Replies: 19
Views: 996

Re: reached 54K IRS limit, now will miss employer match, what to do

I didn't plan correctly. I reached the IRS limit of 54k. I over saved too much in my 401k. Now I will miss the employer match in next couple of paycheck. What can I do? My employer, before I retired, had a payroll deduction plan I could sign up for that calculated the optimal withdrawal amount. You...
by bertilak
Wed Nov 15, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's the point of auto loan pre-approvals?
Replies: 12
Views: 1039

Re: What's the point of auto loan pre-approvals?

Most credit unions post their rates right on their web page. Not exactly .. Most credit unions now use "risk based pricing" for most non-real estate (such as auto) loans and the rate depends on things like credit score, debt to income ratio, etc. The web sites for such credit unions usually cite ra...
by bertilak
Wed Nov 15, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: What's the point of auto loan pre-approvals?
Replies: 12
Views: 1039

Re: What's the point of auto loan pre-approvals?

I have never bothered to get a pre-approved loan. Most credit unions post their rates right on their web page. My typical car buying experience is to shop and negotiate the car's price and any trade-in I have. The final step is shopping for loan rate. Usually my dealer (it's been VW for a number of ...
by bertilak
Tue Nov 14, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth starting investing if 7-8 years from retirement?
Replies: 22
Views: 2347

Re: Is it worth starting investing if 7-8 years from retirement?

Their investment portfolio will serve them not only from now up to the point of retirement but will serve them through many (we hope) years IN retirement.
by bertilak
Tue Nov 14, 2017 10:43 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1655

Re: Passive investing is a 'chaotic system' that could be dangerous?

avalpert wrote:
Tue Nov 14, 2017 10:38 am
Beyond that, this whining angle of attack on passive investing is getting old.
Even if it was all TRUE, why is it my responsibility to regulate the markets? Even if it WAS my responsibility I'm sure I would be really bad at it and mess things up, so leave me out of it.
by bertilak
Tue Nov 14, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: "A Case Against Over Weighting International Equity"
Replies: 11
Views: 1386

Re: "A Case Against Over Weighting International Equity"

I'm a bit confused here. I thought this forum promotes buy and hold as opposed to market timing. I'm seeing a lot of threads and comments from members here this year stating that they modified their asset allocation to hold more international equities due to high P/E's in the US market. I wonder if...
by bertilak
Tue Nov 14, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1655

Re: Passive investing is a 'chaotic system' that could be dangerous?

I partly agree. Part of the reason why markets are efficient in terms of pricing is *because* there are people who speculate one way or another. No one is suggesting that everyone be required to invest only in index funds. (If they were so required there would be no indexes, or at least no meaningf...
by bertilak
Tue Nov 14, 2017 7:07 am
Forum: Investing - Help with Personal Investments
Topic: problem new Vanguard Global Wellington fund
Replies: 29
Views: 1833

Re: problem new Vanguard Global Wellington fund

my name wrote:
Tue Nov 14, 2017 6:48 am
The prospectus is just strategy and objectives.
Is this what you are looking for?
https://personal.vanguard.com/us/funds/ ... IntExt=INT
by bertilak
Sun Nov 12, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6118

Re: Isn't it safer to not sign Credit card?

However if you are from the US ... then here no one ever verified my own signature from the card and the receipt - not ONCE. Have you ever used a credit card at the US Post Office? They have a policy that you MUST have a signed card. I have only one signed card, one I used it at the Post Office. I ...
by bertilak
Sun Nov 12, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1613

Re: Windows 10 System image on USB flash drive

Finding the proper BIOS settings to get it to boot from USB was a bit tricky. For those who care (that would be those with Samsung laptops or ultra books) I needed to set the BIOS to: Pressing F2 at the very beginning of the boot gets you to the BIOS settings. Disable fast BIOS mode. Otherwise it w...
by bertilak
Sun Nov 12, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1613

Re: Windows 10 System image on USB flash drive

Thank. Looks like a Recovery flash drive is not what I was looking for. I want to take a snapshot of the currently installed system that can then be re-installed after something "bad" happens and, perhaps, the system won't even boot. I don't want to restore it back to the day I got it, although tha...
by bertilak
Sun Nov 12, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1613

Re: Windows 10 System image on USB flash drive

All new PCs come with a hidden partition on the hard drive called Recovery. Using the manufacturer's software you can create on 16 GB or bigger USB flash drive a recovery flash drive. The contents is Windows and Windows only on the date of manufacture. Any subsequent Windows updates are not include...
by bertilak
Sun Nov 12, 2017 5:42 am
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1613

Re: Windows 10 System image on USB flash drive

I created a "Recovery" USB flash drive using Control Panel. Took up 9.11 GB of 16 GB. Did not try to create a whole system image. I also back up all my data using a 2 TB Seagate "Slim" external drive. These precautions help me sleep well at night. I am unsure of what a recover disk actually is. Wha...
by bertilak
Sat Nov 11, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1613

Windows 10 System image on USB flash drive

I want to create a restore-able Win10 system image on a flash drive. Despite the system image tools that come with Win10 this is apparently impossible. There are MANY places on the internet where people ask how to make this work and NONE of the answers work for me, nor anybody else for that matter d...
by bertilak
Sat Nov 11, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2039

Re: What do people mean when they say their SWR is X% or they have X times expenses?

I do not understand the above answers to the question. The "S" in "SWR" means "Safe." The SAFE withdrawal rate does not depend on the NEEDED withdrawal rate, which most of the above answers seem to be talking about. Safety depends on how that money is invested (stocks, bonds, tulip bulbs?) and assum...
by bertilak
Fri Nov 10, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for a surviving spouse's income
Replies: 16
Views: 1629

Re: Planning for a surviving spouse's income

I've been reviewing our income streams and portfolio allocation with a view toward ensuring things are organized and allocated to put my wife in the best possible position if/when she is on her own. I went through the EXACT same considerations a year or so ago. I decided I needed to account for the...
by bertilak
Thu Nov 09, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 783

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Regarding: "Vanguard Total Bond Market Index Inv (VBMFX) ER 0.15%, turnover 00%" If you look at the prospectus you will see the VBMFX turnover rate is 61%. https://personal.vanguard.com/pub/Pdf/sp84.pdf?2210120577 An interesting discussion about this from Morningstar: Bond Fund Turnover: Why So Hig...
by bertilak
Wed Nov 08, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 783

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Factors I would consider:
  • Expense ratio
  • Turnover
  • Average duration
  • Diversification (number and type of bonds)
by bertilak
Wed Nov 08, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Teaching an old dog some tricks
Replies: 14
Views: 1593

Re: Teaching an old dog some tricks

All the above is great input but I want to add one thing: There is no rush. Don't succumb to the anxiety of inaction. The money is safe where it is so don't think you need to "do something" immediately! You have the luxury of taking your time to do the right thing. You want to get to the point where...
by bertilak
Tue Nov 07, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9303

Re: "$1 Million is Closer Than You Think"

It is an interesting approach, sort of an ad and financial planning tool in one. I've noticed this phrase a lot on the Vanguard website and in ads: "Investors who stay the course tend to keep more of their returns." Do you think that is a coincidence or a reaction to that phrase being used so much ...
by bertilak
Tue Nov 07, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9303

Re: "$1 Million is Closer Than You Think"

Catchy yes, but too distracting. After seeing the advertisement I remember the graphics more then the message. Not useful. Good luck. They don't care if you remember the surface message, but they want you to remember the deep message "Vanguard is cool and, with their help, you can do it!" I think t...
by bertilak
Tue Nov 07, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2646
Views: 848247

Re: What Book Are You Currently Reading? Part VI

Sandtrap wrote:
Tue Nov 07, 2017 10:13 am
Am I the only one that notices this?
Absolutely not.
by bertilak
Tue Nov 07, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9303

Re: "$1 Million is Closer Than You Think"

Catchy yes, but too distracting. After seeing the advertisement I remember the graphics more then the message. Not useful. Good luck. They don't care if you remember the surface message, but they want you to remember the deep message "Vanguard is cool and, with their help, you can do it!" I think t...
by bertilak
Tue Nov 07, 2017 6:55 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9303

Re: "$1 Million is Closer Than You Think"

JoMoney wrote:
Tue Nov 07, 2017 6:37 am
A 5% chance of a 2008-2009 maybe... but based on the figure I put in, it would be even more severe, and they're claiming a 95%+ chance of that.... without even knowing what it was invested in. Look out! :shock:
Thus my "perhaps."
by bertilak
Tue Nov 07, 2017 6:32 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9303

Re: "$1 Million is Closer Than You Think"

An innovative and, I believe, effective advertisement! I think it deserves a sub-title: $1 Million isn't as much as you think! A million used to be a LOT of money -- yacht-buying territory. Now its is ALMOST enough to retire on. I input a 7 figure number and it told me I had a 95% chance of having $...
by bertilak
Sun Nov 05, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4710

Re: Does Blackrock think it's all a game?

My own answers... Is this an insult to Millennials? Perhaps unwittingly. Is this left over from April 1? Didn't think so. Did I miss a smiley? Didn't think so. Does this give you a lot of faith in Blackrock? No. Seems the Blackrock executive thinks like a carnival barker. That's not someone I want ...
by bertilak
Sun Nov 05, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 242
Views: 19247

Re: Excel Macro using Yahoo Finance- not working

I gave up on YAHOO. My replacement follows. I rewrote my spreadsheet to use CSV data downloaded directly from Vanguard's web page. This is fine if all, or nearly all, of your investments are in Vanguard, or some other institution that allows a similar download. Turns out the modification to my sprea...
by bertilak
Sun Nov 05, 2017 5:57 am
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4710

Does Blackrock think it's all a game?

See: Investing should be more like a video game to attract millennials.

Is this an insult to Millennials?
Is this left over from April 1?
Did I miss a smiley?
Does this give you a lot of faith in Blackrock?
by bertilak
Thu Nov 02, 2017 8:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or not to Avatar . . how did you choose or not choose?
Replies: 115
Views: 5153

Re: To Avatar or not to Avatar . . how did you choose or not choose?

If I was going to have an avatar, it would make the most sense if it were a Goldfinch. If I find a nice picture someday and figure out how to upload it I will try to do it. :happy Download this: http://i1251.photobucket.com/albums/hh541/bertilak/gf100_zps8khojhdk.jpg It is 100x100 and under 8K byte...
by bertilak
Wed Nov 01, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 5977

Re: Unable to Escape from Quicken Island ...

What exactly are the benefits of using Quicken over free tools that are available online??? You answer your own question with a single letter in the question itself: The final letter "s" on the word "tools." With Quicken everything is all in one place. No need to crank up a bunch of different tools...
by bertilak
Tue Oct 31, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 105
Views: 11749

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

I assume "Funded Ratio" refers to working back mathematically to determine the amount of resources that are needed to have been accumulated to produce/support a desired amount of income reliably? The funded ratio is a metric that can be used to monitor your retirement investment plan. It is simply ...
by bertilak
Tue Oct 31, 2017 11:36 am
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or not to Avatar . . how did you choose or not choose?
Replies: 115
Views: 5153

Re: To Avatar or not to Avatar . . how did you choose or not choose?

I ran across some H.L.Mencken writing that I liked then picked up Mencken's own selecton of his works ( A Mencken Chrestomathy ). It was a fun read so I decided to change my earlier avatar to the current Mencken photo. I have been tempted to change it as I come across other possibilities but my Bogl...
by bertilak
Tue Oct 31, 2017 6:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 900329

Re: What Movie Have You Recently Watched?

Father Brown , on Netflix. This is a BBC series of almost movie length 40 minute shows based on a G. K. Chesterton character, a Catholic Priest in a small English village who has a knack for investigating murders, kidnappings, art thefts, etc. We are no yet done, but the series is great so far. The...
by bertilak
Mon Oct 30, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bond records at Vanguard
Replies: 4
Views: 598

Re: Bond records at Vanguard

UPDATE: I believe that what's going on with this bond is NOT a bond being called. My understanding is that this is what is termed a "factor bond" and I believe that means there have been (and will be) returns of capital. I'm guessing that happens as part of dividend payments. Quicken has a transacti...
by bertilak
Mon Oct 30, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Fall Creator's Update - Ransomeware
Replies: 25
Views: 4063

Re: Windows 10 - Fall Creator's Update - Ransomeware

I still think the best defense against ransom ware is a robust back up system with versioning and good computing hygiene. That's my solution. Nearly ALL data corruption (or loss) is due to user error and versioning is the solution to that, even without the ransomware threat. I have always rejected ...
by bertilak
Mon Oct 30, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in a vanguard trust
Replies: 10
Views: 664

Re: How do I invest in a vanguard trust

barnaclebob wrote:
Mon Oct 30, 2017 9:34 am
My guess is that this trust is not available to retail investors and you'll have to just invest in admiral shares like the rest of us pheasants.
Would that be wringed-neck pheasants?
by bertilak
Sun Oct 29, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 8
Views: 891

Re: Dividends

Does vanguard charge for using the dividends from on fund to buy another fund? I understand I could re-balance but essentially isn't that what I am doing with the dividends from VTSAX? When a fund pays a dividend you have two choices: automatically reinvest it (in the same fund) or take it as cash....
by bertilak
Sun Oct 29, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 8
Views: 891

Re: Dividends

I currently have a ROTH IRA with Vanguard. The money is divided into three funds: VSTAX, VGTSX and VBMFX. My asset mix has grown to 86.1% stocks and 13.9% bonds. My target was to keep it at 80% stocks and 20% bonds. I am 47 years old. Should I use the dividends from the VSTAX, roughly $60+ every 3 ...
by bertilak
Sat Oct 28, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Bond records at Vanguard
Replies: 4
Views: 598

Re: Bond records at Vanguard

Do you have a CUSIP number for the bonds? That may help with looking into what is going on. The CUSIP for the Countrywide bond mentioned above is 23242WAM1. I was able to look that up on Vanguard's "Holding Details" web page and Lo and Behold while I was there I saw something called the "Bond facto...
by bertilak
Sat Oct 28, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Bond records at Vanguard
Replies: 4
Views: 598

Bond records at Vanguard

I transferred bonds from a non-Vangurd brokerage to Vanguard. There is a mismatch between the number of bonds, the price of the bonds and the total value of the bonds, as it is now listed by Vanguard. I believe the discrepancy is due to the fact that the bonds are callable., and some have actually b...
by bertilak
Fri Oct 27, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Birth Certificate/Name Issues
Replies: 20
Views: 1719

Re: Birth Certificate/Name Issues

A few things I learned recently when dealing with death of a relative and associated inheritance ... Financial institutions were willing to change the "official" registration name on an account. I was actually able to do this over the phone! This helps when transferring funds between accounts. Finan...
by bertilak
Wed Oct 25, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: avoiding sequence of returns risk?
Replies: 39
Views: 2733

Re: avoiding sequence of returns risk?

From Investopedia :: Sequence of returns risk is the risk of receiving lower or negative returns early in a period when withdrawals are made from an individual's underlying investments. Note that the above assumes a portfolio in which returns can fluctuate (presumably with the market). This is often...
by bertilak
Tue Oct 24, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 468
Views: 56115

Re: Quicken's future direction - a cause for concern

I haven’t used Quicken Bill Pay in the past, but perhaps will do so now. I have our checking account’s Bill Pay. Do you find doing it through Quicken superior? Very much so. When I pay, for example, a credit card bill, one (automated) action updates the transactions and balances in both the checkin...
by bertilak
Tue Oct 24, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Can one have too much money in tax-deferred
Replies: 128
Views: 11048

Re: Can one have too much money in tax-deferred

Admiral wrote:
Tue Oct 24, 2017 10:23 am
Perhaps you're forgetting all the money you saved in taxes when you put the money in? :D
Not forgetting. Just being childish. I know what I want: Don't give me rationalizations of why I can't have it :twisted:
by bertilak
Tue Oct 24, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Can one have too much money in tax-deferred
Replies: 128
Views: 11048

Re: Can one have too much money in tax-deferred

I am retired and I wish ALL of my investments were in a taxable account. When I need to spend some of my investments the best place to take the money is from the taxable account. Ironically there is less tax on money taken from a taxable account than from a tax-advantaged account! Note that this wou...
by bertilak
Tue Oct 24, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 468
Views: 56115

Re: Quicken's future direction - a cause for concern

Anyway, for the price increase, 3 things jump out on my Premier (for Windows version) - The retail price for 2-years of $119.99 (Amazon gives additional 3 months, plus more DropBox storage at 129.99, as G-Force mentioned above, which seems like a better deal): 1)more customization options for repor...
by bertilak
Mon Oct 23, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Global Wellington/Wellesley
Replies: 2
Views: 457

Re: Global Wellington/Wellesley

What advantages do they have over current Wellington and Wellesley funds other than international diversification? That's a difference. Most would consider it to be advantageous but some favor USA-only investments. An additional difference is the higher (but still reasonable) expense ratio. Most wo...
by bertilak
Mon Oct 23, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: Emergency Fund Allocation Nuance
Replies: 8
Views: 600

Re: Emergency Fund Allocation Nuance

The true answer is that it doesn't really matter. The important thing is to have an adequate emergency plan . That is how I have been looking at it for some time. I started this thread as a sanity check to see if I should take a better look at things. Before I had any significant assets built up, I...
by bertilak
Mon Oct 23, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 164
Views: 14855

Re: Does anyone here with net worths north of $1 mil use financial advisors?

^^^ Yes, but the results are only as good as what you put into it. Don't confuse "complex" with "accurate". I always say don't confuse "precise" with "accurate." This is a common misconception well-understood by those trained as engineers. It is why slide rules were good enough for nearly all 20th ...