Search found 41 matches

by darbyzz
Tue May 08, 2012 11:43 am
Forum: Personal Consumer Issues
Topic: Best book, intro to economics
Replies: 54
Views: 5666

Re: Best book, intro to economics

Thanks for everyone's suggestions! I did a quick cut-n-paste to help me organize and summarize the suggestions. I'm still happy to receive more suggestions or insight. I'll update this list as more suggestions come in. General intros: Economics for Dummies Economics: A Very Short Introduction The Li...
by darbyzz
Mon May 07, 2012 11:03 pm
Forum: Personal Consumer Issues
Topic: Best book, intro to economics
Replies: 54
Views: 5666

Re: Best book, intro to economics

Thanks for everyone's suggestions, and I hope for more!

Please let's keep the politics out. I'd love to gather a good list of beginner books from multiple perspectives. I'll probably read several.

SAM, can you suggest another book that would help give me a balanced education?

Thanks,
Darby
by darbyzz
Mon May 07, 2012 8:03 pm
Forum: Personal Consumer Issues
Topic: Best book, intro to economics
Replies: 54
Views: 5666

Re: Best book, intro to economics

I know you said no textbooks but Samuelson's Economics is the best introduction to the field. http://www.amazon.com/Economics-Paul-Samuelson/dp/0073511293/ref=sr_1_1?s=books&ie=UTF8&qid=1336438254&sr=1-1 Thanks for the suggestion, Jake46. But the 744 pages and the $182.36 price tag makes this the o...
by darbyzz
Mon May 07, 2012 7:49 pm
Forum: Personal Consumer Issues
Topic: Best book, intro to economics
Replies: 54
Views: 5666

Best book, intro to economics

I'm looking for a gentle introductory book on economics (no textbooks). Any suggestions? Thanks, Darby EDIT: Please keep politics out of this discussion. Also, I'm interested in multiple perspectives and will likely read more than one book. EDIT: Here is a summary of the recommendations I received.
by darbyzz
Sun Apr 22, 2012 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard index question
Replies: 9
Views: 1298

Re: Vanguard index question

Hi and welcome! Don't get too frustrated. Bogleheads will help you through it! You should probably edit your post with details of your situation. Click here to get more info. Be sure you consider your portfolio as a whole, no matter what accounts they happen to reside in. I would definately move you...
by darbyzz
Sun Apr 22, 2012 11:28 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1491376

Re: What Book Are You Currently Reading? Part V

Marxism, Fascism and Totalitarianism: Chapters in the Intellectual History of Radicalism by A, James Gregor
by darbyzz
Sat Apr 21, 2012 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Change Asset Allocation?
Replies: 6
Views: 539

Re: Change Asset Allocation?

Thanks for the responses!
by darbyzz
Sat Apr 21, 2012 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Change Asset Allocation?
Replies: 6
Views: 539

Re: Change Asset Allocation?

tludwig23 wrote:
darbyzz wrote:Proposed:...
  • Bond 34% (Total 60% TIPS 30%)
And the other 10%?
Edited above to 70% total bond
by darbyzz
Sat Apr 21, 2012 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Change Asset Allocation?
Replies: 6
Views: 539

Change Asset Allocation?

After a lot of reading and thinking, I'm considering changing my asset allocation from a simple three fund portfolio (held for 10+ years) to one that includes REITs and TIPS. Current: Total Stock 40% Total International 26% Total Bond 34% Proposed: Total Stock 36% Total International 23% REIT index ...
by darbyzz
Sat Apr 21, 2012 12:00 pm
Forum: Personal Consumer Issues
Topic: Do you have a 'bucket list'?
Replies: 75
Views: 11423

Re: Do you have a 'bucket list'?

I've always wanted to take the Trans-Siberian Railway from Beijing to Moscow.
by darbyzz
Sun Apr 15, 2012 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: How do I mend my attempt to time the market?
Replies: 12
Views: 1308

Re: How do I mend my attempt to time the market?

Hi vuduthmb, You don't need to do anything immediately. In fact it would probably be a mistake to quickly take advice on this forum without really thinking it through. You've already proven to yourself that you can too easily be influenced by those around you. Slow down. It's time for you to really ...
by darbyzz
Sat Apr 14, 2012 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: To REIT or not to REIT
Replies: 39
Views: 5654

To REIT or not to REIT

I currently have a classic, simple, three-fund portfolio (US, international, bond). Adding a REIT fund to my current 3 funds would not seem significantly more complex. Most highly-regarded advisors (Malkiel, Ferri, Schultheis, Bernstein, Armstrong, Swenson, others?) recommend holding a REIT fund. Ev...
by darbyzz
Tue Apr 10, 2012 4:04 pm
Forum: Investing - Theory, News & General
Topic: Return on Investment based on Asset Allocation?
Replies: 8
Views: 1573

Re: Return on Investment based on Asset Allocation?

On page 178 of Swedroe’s The only Guide to a Winning Investment Strategy You'll Ever Need there is a table titled "Need to Take Risk" which provides a recommended equity allocation versus the required rate of return. Rate of Return / Equity Allocation: 2% / 0% 3% / 20% 4.5% / 40% 6% / 60% 7.5% / 80%...
by darbyzz
Sun Apr 08, 2012 9:53 am
Forum: Investing - Theory, News & General
Topic: Understanding AA
Replies: 8
Views: 534

Understanding AA

Almost no one advocates a perfectly weighted world market; everyone recommends some rational deviation. For stock allocation, hold no more than 80% and no fewer than 20%. Same with bonds. Hold anywhere from zero international stocks and up to 60%. Hold just one fund, or as many as half dozen or so ...
by darbyzz
Fri Apr 06, 2012 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vgd Target Retirement--tracking AA
Replies: 4
Views: 437

Vgd Target Retirement--tracking AA

I'm considering replacing my classic 3-fund portfolio with a Target Retirement Fund, for simplicity's sake. As I understand it, I would choose the fund that fits my current AA--in my case TR 2020. Then gradually over the next 5 years my AA will arrive at TR 2015. When you own this fund, is it easy t...
by darbyzz
Thu Apr 05, 2012 7:06 pm
Forum: Personal Consumer Issues
Topic: Moonlighting for old employer over weekends/nights
Replies: 15
Views: 1627

Re: Moonlighting for old employer over weekends/nights

Hi moonshine, It seems like you'd be releived if your new job has a policy against moonlighting... I'd advise against doing it if the only reason is the guilt (life is too short; time too precious). All companies have to deal with employee turnover. It's your employer's job to ask you to moonlight. ...
by darbyzz
Thu Apr 05, 2012 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pre-pay my mortgage?
Replies: 12
Views: 1497

Re: Should I pre-pay my mortgage?

This is a very personal decision. I don't think there is a right answer. Some people are able to make a cold calculation: mortgage interest rate vs. potential earnings from investments. I went with the more emotionally satisfying option (for me), which was to pay off the house in full. Nothing more ...
by darbyzz
Tue Apr 03, 2012 10:06 am
Forum: Personal Consumer Issues
Topic: Movie night in recommendations
Replies: 269
Views: 25434

Re: What is your favorite movie?

Hedwig and the Angry Inch
by darbyzz
Mon Apr 02, 2012 2:28 pm
Forum: Personal Consumer Issues
Topic: Play the mega-millions lottery for Free
Replies: 14
Views: 1713

Re: Play the mega-millions lottery for Free

bertilak wrote:I simply do not buy a ticket! Even without a ticket I figure my chances are about the same as for those who do buy tickets!
Actually, your chances of winning increases significantly if you buy a ticket...
by darbyzz
Sun Apr 01, 2012 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: FIRECalc and AA
Replies: 4
Views: 584

FIRECalc and AA

When I use FIRECalc.com to evaluate my current retirement plan (14 years out), I get a 100% success rate. On the "Your Portfolio" tab, I chose the "Total Market" option and entered my current AA of 66% stock holdings. I wondered how low I could go on the stock allocation and still get 100% success. ...
by darbyzz
Fri Mar 30, 2012 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Late contributions to tIRA for 2011, Tax implications?
Replies: 2
Views: 278

Late contributions to tIRA for 2011, Tax implications?

Please help me understand this. I'm qualified to max out my traditional IRA for full deductions. I have yet to contribute fully for 2011. As I understand it, I have until April 17 to contribute for 2011. If I do this, what are the tax implications? Can I use the deductions for my 2011 taxes, or are ...
by darbyzz
Fri Mar 30, 2012 3:19 pm
Forum: Investing - Theory, News & General
Topic: How you got to be a Boglehead, with a twist
Replies: 42
Views: 3660

Re: How you got to be a Boglehead, with a twist

I naively started investing at the top of the tech bubble. I thought I knew a lot because I'd read "The Gorilla Game" (a strategy to pick tech stocks). I realized that I didn't know anything about investing, and I'd just lost $<unspeakable > amounts. I didn't start investing again until after I foun...
by darbyzz
Thu Mar 29, 2012 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Starter IRA for grown stepchildren
Replies: 17
Views: 1120

Re: Starter IRA for grown stepchildren

Thanks for the feedback. I needed a reality check.
by darbyzz
Wed Mar 28, 2012 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Starter IRA for grown stepchildren
Replies: 17
Views: 1120

Starter IRA for grown stepchildren

Hi, I'm wanting to encourage my three stepchildren to invest for their future. They are all grown and out of the house (ages 26-32). None of them are financially ambitious. They're artsy and mildly counter-cultural. (Not that there's anything wrong with that!) Anyway, I want to offer to match their ...
by darbyzz
Mon Mar 26, 2012 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement assumptions
Replies: 15
Views: 2161

Re: Help with retirement assumptions

dbr wrote:You expect to withdraw $6000/year from a $300K portfolio. That is a 2% rate of withdrawal which will surely score at 100% successful in FireCalc.
You're so right! I just ran the numbers again and got 100%. Thanks!
by darbyzz
Mon Mar 26, 2012 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement assumptions
Replies: 15
Views: 2161

Re: Help with retirement assumptions

Thanks for all the previous comments. I've taken the feedback and done some more thinking. Here's the second version from a different approach and more detailed. I'm 48 and my wife is 54. We're finally getting really serious about retiring; we wonder if we'll be ready in 14 years (at ages 62 and 68)...
by darbyzz
Fri Mar 23, 2012 12:08 pm
Forum: Investing - Theory, News & General
Topic: Do I have to be strict with asset allocation?
Replies: 19
Views: 2000

Re: Do I have to be strict with asset allocation?

I appreciate all the responses and advice. I'll enjoy thinking about it all over the next while.

Thanks!
by darbyzz
Fri Mar 23, 2012 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Funding IRAs and 401k
Replies: 12
Views: 1393

Re: Funding IRAs and 401k

Put 6% in your 401(k) in Fido Total Mkt Idx. Think of everything as one big portfolio and the Fido as equivalent to VTSAX. Put the rest of your savings in traditional deductible IRA's. Thanks, that's what I do now, and am leaning towards. I'm still interested in Kevin's ideas about funding the 401K...
by darbyzz
Fri Mar 23, 2012 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Help with retirement assumptions
Replies: 15
Views: 2161

Re: Help with retirement assumptions

Thanks everyone for your continued comments and advice. Also if you are retiring before age 65 how will you pay for medical insurance between your retirement year and age 65? Thanks, I hadn't thought of this. Like at least one other poster has noted I don't understand why you are assuming very low r...
by darbyzz
Fri Mar 23, 2012 7:12 am
Forum: Investing - Help with Personal Investments
Topic: Funding IRAs and 401k
Replies: 12
Views: 1393

Re: Funding IRAs and 401k

Thanks Kevin. Good information. I'll definitely reconsider my 401k options. I'm having a hard time understanding why, after obtaining my employer's matching funds, you would recommend I continue funding my 401k instead of a Traditional IRA. They seem to work essentially the same. But in the TIRA I h...
by darbyzz
Fri Mar 23, 2012 7:03 am
Forum: Investing - Theory, News & General
Topic: Do I have to be strict with asset allocation?
Replies: 19
Views: 2000

Re: Do I have to be strict with asset allocation?

For example, if you allow yourself to adjust AA on the fly, then during 2008 would you have decided that being more conservative is a good idea? If so, you'd have locked in losses instead of re-balancing into stocks. With regards to the actual swings in the stock market, I don't think I'm very emot...
by darbyzz
Thu Mar 22, 2012 11:34 pm
Forum: Investing - Theory, News & General
Topic: Do I have to be strict with asset allocation?
Replies: 19
Views: 2000

Re: Do I have to be strict with asset allocation?

Thanks for the responses so far.

Just to be clear. My drifting is almost all about reading investment books and reading this forum. It's about reading a good argument for one and then reading a good argument for another.

Thanks again,
Stan
by darbyzz
Thu Mar 22, 2012 10:54 pm
Forum: Investing - Theory, News & General
Topic: Do I have to be strict with asset allocation?
Replies: 19
Views: 2000

Do I have to be strict with asset allocation?

Asset allocation recommendations range widely. I find myself getting tugged this way and that way every time I read a respected investor give a different recommendation than the last. What I want to know: What is the real harm if I choose a stock/bond split of 70/30 and then in a couple of years I f...
by darbyzz
Thu Mar 22, 2012 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement assumptions
Replies: 15
Views: 2161

Re: Help with retirement assumptions

Thanks for everyone's help. I really appreciate it.

Darby
by darbyzz
Thu Mar 22, 2012 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Funding IRAs and 401k
Replies: 12
Views: 1393

Re: Funding IRAs and 401k

Thanks for everyone's response. I appreciate it. Kevin, I have the full range of fidelity funds in my 401k: FID BLUE CHIP GR FID CONTRAFUND FID DIVERSIFD INTL FID DIVIDEND GR FID EQ DIV INCOME FID EQUITY INC FID EXPORT & MULTI FID FIDELITY FUND FID FIFTY FID GROWTH COMPANY FID GROWTH STRAT FID LARGE...
by darbyzz
Wed Mar 21, 2012 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Funding IRAs and 401k
Replies: 12
Views: 1393

Re: Funding IRAs and 401k

I hope this helps. Thanks. Emergency funds = 6 months Debt = none Tax Filing Status = Married filing jointly Tax Rate = 15% federal 9% state Ages = me 48, wife 54 Asset Allocation = 66/33 (Stocks/Bonds); 60/40 (domestic/international) Current retirement savings: $116,000 Current portfolio: classic 3...
by darbyzz
Wed Mar 21, 2012 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement assumptions
Replies: 15
Views: 2161

Help with retirement assumptions

EDIT: After recieving feedback and thinking some more, I've prepared a second effort. This can be seen below at http://www.bogleheads.org/forum/viewtopic.php?f=1&t=93241&p=1347233#p1347233 . My wife and I haven't been big earners. But we are out of debt (house paid for) and have accumulated about $...
by darbyzz
Wed Mar 21, 2012 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Funding IRAs and 401k
Replies: 12
Views: 1393

Funding IRAs and 401k

My wife and I are in the 15% tax bracket and assume that this won't change in retirement. We'll retire in 16 years, at the soonest. I have a 401k. My employer matches 50% up to 6% of income. I'm contributing this 6%. (Of the available funds, Spartan Total Market Index is the only one I'm comfortable...
by darbyzz
Mon Mar 19, 2012 10:03 pm
Forum: Investing - Theory, News & General
Topic: Thoughtful critiques of boglehead investment style?
Replies: 5
Views: 1001

Thoughtful critiques of boglehead investment style?

I've been a 3-fund vanguard investor for about 15 years. I have no plans to change. Every few years I recommit to (and re-evaluate) my investment plan by selecting a couple of recommended books that I haven't yet read. I'm also on the lookout for that "perfect" book to share with friends and relativ...
by darbyzz
Mon Mar 19, 2012 8:19 pm
Forum: Forum Issues and Administration
Topic: Topic deleted without explanation
Replies: 4
Views: 1018

Re: Topic deleted without explanation

Sorry. I'll send a message to the email listed.

Though I don't consider my post a complaint or a plea for reactivation. Rather I'm trying to understand why my post was deleted, and how to prevent it in the future.

Thanks,
Darby
by darbyzz
Mon Mar 19, 2012 8:06 pm
Forum: Forum Issues and Administration
Topic: Topic deleted without explanation
Replies: 4
Views: 1018

Topic deleted without explanation

Hi, First, thanks to all the admins and moderators for the work they do. I really love this site! I started a new topic with the title: "Jackass Investing" by Michael Dever There were half a dozen constructive responses to my original question (has anyone read this investment book that criticizes so...