Search found 57 matches

by B. Wellington
Fri Oct 06, 2017 4:58 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11135

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations! Out of curiosity, do you own shares of the VG Wellington fund? Thank you all! It is really nice to be able to share this with everyone here. My hope is that my story can encourage others that it CAN be done. Even on a modest salary. It takes time, but it can be done. czeckers, Well...
by B. Wellington
Thu Oct 05, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11135

Millionaire Next Door (Thank you Bogleheads)

With the help of many on this board and reminding me "to stay the coarse," Mrs. and Mr. B. Wellington quietly became the Millionaires Next door last month. Yes, a strong bull market helped us to this level. Some of you know that we are not doctors or high paid engineers. We are Joe and Jane Lunchbox...
by B. Wellington
Fri Sep 29, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7040

Re: 3 stages of Financial Independence

Good description from a behavioral finance perspective. Some people will want dollar values, safe withdrawal rates, Firecalc outcomes, etc. associated with each level. I think its a mindset rather than something measurable. Some people might have $2M and never feel they have "enough". + 1 Timelord,...
by B. Wellington
Thu Sep 14, 2017 7:15 am
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4276

Re: How often do you put money in Vanguard

flyingaway wrote:
Wed Sep 13, 2017 3:07 pm
dwickenh wrote:
Wed Sep 13, 2017 1:51 pm
Only on RBD's................ not
Me too. These days are rare nowadays.
+2 Yes, these seem to be more rare these days.

OP, on average, once a Month.
by B. Wellington
Fri Aug 04, 2017 7:34 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7498

Re: Study: Who Sold Stock During the 2008-9 Crash?

2) The positive relationship between high income and increased selling is more puzzling. Consumption commitments should be less relevant to high income individuals. Some explanations offered are that high-income investors perhaps have overconfidence in their market timing abilities and they also pa...
by B. Wellington
Fri Jul 14, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 7588

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

I think if you can handle 90/10 then you would probably leave a lot of money to your heirs. I don't think many people in their 50s, 60s and 70s can. I am pretty sure that I cannot which is why I hold 60/40 and save more. But yes, if you can handle the short term volatility, 90/10 could be right for...
by B. Wellington
Thu Jun 29, 2017 6:11 am
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 53
Views: 13000

Re: Got a Question You'd Like to Ask Jack Bogle?

Thanks Mel for this opportunity. Could you ask Jack his thoughts on 2 active Vanguard funds- Wellesley & Wellington, and their roles if held as part of a retirees (or accumulators) asset allocation? It seems many indexers here do hold these active funds, and would be interesting to get Jack's persp...
by B. Wellington
Wed Jun 28, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 8333

Re: Can you share some of your financial goals?

IMO, Charles Schwab had a great quote. "I wanted to get as far away from ZERO as I could get." On a personal note, DW and I grew up with very little "wealth" and I wanted to get as far away from zero as I could get as well. One day to leave the rat race and do what we want to do, when we want to wit...
by B. Wellington
Fri May 05, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 5299

Re: Tips From Older Bogleheads?

Hello Bogleheads! For those of you that are older and more experienced. What are some things you have learned from investing over the years? What are some tips for young investors that have only experienced a bull market? Anything from the past that you wish you paid closer attention to? Thank you ...
by B. Wellington
Tue Mar 21, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 7664

Re: Recommended emergency fund for middle class households: $13,800

For those of you with multiple years of emergency funds, are you anywhere near or in retirement? All depends on stability of employment. Discrimination is alive and well. ^^^ +1 This is a very valid point. Try replacing 6 months to 1 year of income (expenses) when you are 59...? In many cases mega-...
by B. Wellington
Fri Mar 17, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Anyone else taking less risk
Replies: 115
Views: 11511

Re: Anyone else taking less risk

We are 5 years from "early" retirement, maybe less. ( At least the real possibility of only working part-time.)

60/40 AA. Directing dividends from taxable to our money market account. Okay, now we are at 59/41... :oops:
by B. Wellington
Thu Mar 16, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: Vegetable Gardening - seeds vs seedlings?
Replies: 29
Views: 2960

Re: Vegetable Gardening - seeds vs seedlings?

For those who are not quite sure what SFG is you may want to check out melbartholomew.com Mel Bartholomew, originator and founder of the Square Foot Gardening Foundation. Author of the square foot gardening book will explain all of the basics in more detail. 4' x 4' Raised beds. No digging. No tilli...
by B. Wellington
Thu Mar 16, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: Vegetable Gardening - seeds vs seedlings?
Replies: 29
Views: 2960

Re: Vegetable Gardening - seeds vs seedlings?

Urban Farmer here...Zone 6a. First take it slow, a bigger garden is not always the way to go. More work, weeding, and expense. You want to make it an enjoyable hobby not a chore. Our beds are approximately 200 square feet, enough produce for 2 and extra to give to family and friends. The only thing...
by B. Wellington
Thu Mar 16, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Vegetable Gardening - seeds vs seedlings?
Replies: 29
Views: 2960

Re: Vegetable Gardening - seeds vs seedlings?

Urban Farmer here...Zone 6a. First take it slow, a bigger garden is not always the way to go. More work, weeding, and expense. You want to make it an enjoyable hobby not a chore. Our beds are approximately 200 square feet, enough produce for 2 and extra to give to family and friends. The only thing ...
by B. Wellington
Tue Mar 07, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 20721

Re: How Much in Your Emergency Fund And Is It Used?

Over the years I have questioned this. How much is "enough" and how much is too much? I have run it to almost zero when aggressively investing and as high as 25-30K. Now holding at 25K. I view this as a "spending"/EF fund. For example, to payoff the CC card after buying plane tic...
by B. Wellington
Fri Feb 03, 2017 8:14 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7577

Re: Just watched Warren Buffett's new HBO Documentary

I'm not sure WB is talked about correctly in many posts. Is he really a stock picker at all? Or, is he a businessman who buys businesses? Don't the rest of us buy stocks of his businesses? I hardly think his success has all been random or luck, also. He is a very smart man with a keen business mind...
by B. Wellington
Thu Feb 02, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7577

Re: Just watched Warren Buffett's new HBO Documentary

Buffett was on Charlie Rose (PBS) recently. I really enjoy listening to him. He did mention that in todays investment world (stock picking) has become very difficult compared to his earlier years and he was having a tough time finding "good companies at a good price". He's good at finding...
by B. Wellington
Thu Feb 02, 2017 5:53 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7577

Re: Just watched Warren Buffett's new HBO Documentary

Buffett was on Charlie Rose (PBS) recently. I really enjoy listening to him.

He did mention that in todays investment world (stock picking) has become very difficult compared to his earlier years and he was having a tough time finding "good companies at a good price".
by B. Wellington
Thu Jan 26, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Risk tolerance when you meet your number
Replies: 106
Views: 11206

Re: Risk tolerance when you meet your number

I've been approximately in the theoretical FI realm for about 1-1.5 years now and still working. I didn't really do anything special or different. I have a target AA and a bit of a glide path I'm working (moving between 80/20 and 70/30 as fast as buying bonds with new money gets me there). So right...
by B. Wellington
Mon Dec 19, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: Concept of Bogleheads needing to "Save more"
Replies: 61
Views: 5793

Re: Concept of Bogleheads needing to "Save more"

The correct admonition is to save enough. The context is that most people are not saving enough. Therefore the message can be to save more. It has been discussed before that being frugal or even a miser has little to do with BH investing. I think that what goes on here is trying to help people unde...
by B. Wellington
Mon Dec 05, 2016 2:28 pm
Forum: Investing - Theory, News & General
Topic: Retirees and risk-taking
Replies: 11
Views: 1538

Re: Retirees and risk-taking

It's not an earth-shattering risk, but the biggest risk I've taken is to hold a higher weight in equities than many experts recommend (my fixed income allocation is only 25%). It was done, not because I'm either "brave" or reckless, but because after several years of deep consideration I ...
by B. Wellington
Mon Dec 05, 2016 8:22 am
Forum: Investing - Theory, News & General
Topic: Retirees and risk-taking
Replies: 11
Views: 1538

Re: Retirees and risk-taking

I think that for any such discussions, one must realize that it is one thing to imagine a stock market melt-down and quite another to live through one. So judge your risk tolerance not by what you think you would do, but what you have done (during a market crash). ^^^This! We have had quite a numbe...
by B. Wellington
Sun Dec 04, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 2829

Re: Shocking Bogle quotes

IMHO, I do not find any of this "shocking." Mr. Bogle has repeatedly suggested that as one gets older he/she "should" reduce equity exposure. That said, he has been open minded on "adding investments only on the margins." While holding your core AA. He also "cautio...
by B. Wellington
Thu Nov 17, 2016 6:53 am
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Market portfolio
Replies: 31
Views: 4769

Re: 100% Total Stock Market portfolio

Say I would've put all of my money in stocks in 1991, like the VTSAX, how much would 250k be worth today? My second question, is it really worth having bonds if the answer to my first question is what I think it is??? Thanks!! I have to ask, would you have been able to hold on during 1994? 2000-200...
by B. Wellington
Tue Nov 01, 2016 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Retirement savings catch up advice
Replies: 22
Views: 2579

Re: Retirement savings catch up advice

Just wanted to share that I chose Vanguard LifeStategy Conservative Growth for one of my HSA's this year and it's up 9+%. It was up 11+% last quarter. It seems to be a gem of a fund. Then I read an article that Dan Wiener said it is a really good fund this year for Vanguard. From what I understand ...
by B. Wellington
Mon Jun 20, 2016 7:24 am
Forum: Investing - Theory, News & General
Topic: I knew there was a reason I invest in Wellesley
Replies: 15
Views: 4032

Re: I knew there was a reason I invest in Wellesley

So for those who has significant position in this fund...how would one approach using this in their three portfolio fund? Would this replace the total market and total bond. . . . or just replace total market or...? Wellesley/Wellington here. With a target AA of 60/40. We bought both funds many yea...
by B. Wellington
Tue Jun 07, 2016 7:13 am
Forum: Investing - Theory, News & General
Topic: Biggest investing myths
Replies: 39
Views: 4238

Re: Biggest investing myths

That one plays the market , as one might play the ponies, or play the numbers (a racket the US spent vast amounts of treasure and blood to eradicate). PJW ^^^^+1 A major radio station uses this to advertise insurance products. "Don't risk your hard earned money at the Wall Street Casino ."...
by B. Wellington
Fri Jun 03, 2016 7:15 am
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 9586

Re: Thank you Taylor Larimore

Taylor's common sense advice on the much debated 4% Rule...

Thank you Taylor for reminding us that simplicity is often the "best" answer.
by B. Wellington
Tue Mar 15, 2016 7:26 am
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 6728

Re: Late Starters

In the past I have posted about the DW and I and our very humble beginnings. I did not have the opportunity to contribute to a 401(k) until age 33 and even then we never, ever made a huge amount of money. We saved and invested what we could and along the way I found out about this little fund compan...
by B. Wellington
Wed Dec 30, 2015 8:10 am
Forum: Investing - Theory, News & General
Topic: How much have you made through long-term investments so far?
Replies: 24
Views: 2187

Re: How much have you made through long-term investments so far?

Interesting question...I would have to dig up a lot of old statements to get an accurate estimate. Like Toons, over 35 years of investing. Vanguard, as well as T. Rowe Price, Fidelity, and Mutual Series (Pre-Franklin, with money manager Michael Price.) = 100's of Thousands in gains, quarterly and mo...
by B. Wellington
Fri Sep 04, 2015 7:33 am
Forum: Investing - Theory, News & General
Topic: Balanced Index Fund Fan
Replies: 11
Views: 1856

Re: Balanced Index Fund Fan

I'm in agreement with "Balanced Funds" to an extent. My Taxable Mutual Fund (Moderate) is Wellington, and Roth IRA fund is Wellesley. I leave those two on their own, and am happy with them. They're NOT shoot for the stars, nor are they (Wellington) Tax Efficient, but that's by design. I j...
by B. Wellington
Tue Jun 23, 2015 10:17 am
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 220
Views: 35451

Re: What was the 2008 crash like in real time?

I recall the auto suppliers having issues in the early stages and then started to announce lay-offs. Then I watched as family and friends lose jobs that they had worked at for years. Later some of them even lost their homes... The DW and I watched our 401(k) and IRA's drop a quick 125K +. However, w...
by B. Wellington
Thu Oct 09, 2014 7:54 am
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 243
Views: 43925

Re: When people put all their eggs in the wrong basket

Its amazing how few of them know the rules of the game they are playing. People talk about selling and then getting in on class action lawsuits ( i thought you had to keep your shares to do that) and then not knowing who gets paid first in BK. Non of them talk about the technical issues with these ...
by B. Wellington
Wed Feb 26, 2014 8:27 am
Forum: Personal Consumer Issues
Topic: Any indoor seed starters?
Replies: 30
Views: 2487

Re: Any indoor seed starters?

Inexpensive containers will work just fine. However, use a good potting mix. (3-5 bucks for a bag) I have found that the biggest challenge over the years is giving the seedlings enough light. Grow lights plus a sunny window. A small fan near by will also help prevent damping off fungus. I find it to...
by B. Wellington
Wed Feb 12, 2014 8:21 am
Forum: Investing - Theory, News & General
Topic: Coming to terms with my awful track record
Replies: 20
Views: 2434

Re: Coming to terms with my awful track record

Bluecollar, Many of us started out picking stocks and funds. (Worldcom) in my case.

Pick an AA that you can live with through all market cycles. Pick a "boring" fund(s) and then Buy and Hold.

Good Luck.
by B. Wellington
Tue Jan 21, 2014 10:35 am
Forum: Investing - Theory, News & General
Topic: Anyone else read this "advice?" [5 Money Myths]
Replies: 26
Views: 3631

Re: Anyone else read this "advice?" [5 Money Myths]

Articles like this really bother me. Especially myth No. 2. Which challenges the merits of saving small sums of money over the long haul.

How many bogleheads here started out with modest incomes? Saved what they could, invested wisely over time, and are now millionaires?
by B. Wellington
Wed Jan 15, 2014 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Wellington
Replies: 30
Views: 7455

Re: Wellington

Do I dare chime in here???

In the "early" years, I used to slice,dice, stock pick, etc. :oops: Through it all I still held Wellington as my core holding. Today we try to keep everything very simple.

Roth's= Wellington

401(K)= Stock and bond Index funds w/ lowest ER.
by B. Wellington
Wed Jan 15, 2014 8:15 am
Forum: Investing - Theory, News & General
Topic: How do you "Stay the Course"?
Replies: 74
Views: 9723

Re: How do you "Stay the Course"?

I have fooled myself before, thinking I wasn't market timing (when I actually was). So I have settled on a personal policy (written in my IPS) that whenever I want to make a change to my asset allocation or the underlying holdings I do the analysis, weigh all the alternatives, make my final decisio...
by B. Wellington
Tue Oct 15, 2013 7:27 am
Forum: Investing - Theory, News & General
Topic: Suze Orman on NBC Nightly News [doesn't like bond funds]
Replies: 46
Views: 8583

Re: Suze Orman on NBC Nightly News

The problem with the story was where does a retiree invest now? Dividend stocks with more risk? Bank CD's paying 0-1%? Maybe a combination of both? If my retired parents were watching, they might be asking if they should sell? (They are invested in bond funds and income funds. i.e. Wellesley. Which ...
by B. Wellington
Fri Sep 20, 2013 7:23 am
Forum: Investing - Theory, News & General
Topic: Who do you guys discuss investment strategies with?
Replies: 56
Views: 5699

Re: Who do you guys discuss investment strategies with?

This forum and my wife. I have tried to avoid any investment topics at work over the years, it has become pointless.

(Most live for the moment, day to day, and paycheck to paycheck.)
by B. Wellington
Wed Aug 14, 2013 7:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard closes Wellington Fund to many new accounts
Replies: 35
Views: 10826

Re: Vanguard closes Wellington Fund to many new accounts

I'm curious how owners of Wellington feel about this move? Are you holding, selling or allocating new funds? I'm holding and sticking with my I.P.S. To change anything this late in our investing career would be unwise. We have been with Wellington for many, many years. Most of it in Roth I.R.A.'s O...
by B. Wellington
Tue Jul 30, 2013 7:15 am
Forum: Investing - Theory, News & General
Topic: What happens to stock prices if everyone index invests?
Replies: 42
Views: 4965

Re: What happens to stock prices if everyone index invests?

This question does not come out of a vacuum. I doubt you thought it up for yourself; I'll bet you heard or read it somewhere. It's just a standard random talking point against index funds, and a weak one at that. The idea is to suggest not merely that indexing is dangerous, but that it is wicked an...
by B. Wellington
Wed Apr 24, 2013 10:49 am
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 325
Views: 49469

Re: Frontline--The Retirement Gamble

I wanted to thank the OP on the advanced notice. I enjoy Frontline and this was done very well. Thanks to Mr. Bogle for continuing to fight the good fight for the small investors. I for one, would not be where I am today if it wasn't for Vanguard and Jack's focus on low costs and giving the small in...
by B. Wellington
Wed Mar 13, 2013 7:31 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Defends His Investment Advice
Replies: 120
Views: 16897

Re: Dave Ramsey Defends His Investment Advice

I enjoy listening to Dave on my drive home. However his advice on investing does concern me. Dave has "deep pockets" and can afford to be 100% in stocks. Many people can not take that kind of risk, especially those in or close to retirement. Dave also has cash flow from his business(s), a ...
by B. Wellington
Wed Feb 13, 2013 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Who taught you about money?
Replies: 91
Views: 8313

Re: Who taught you about money?

This is a tough one. Like many families at the time, money subjects were Not talked about. No one seemed to make very much either. However, for whatever reason I was a born saver as were my grand parents. Self taught later in life, I found VG, Mutual series' Mike Price, J. Bogle, T. Miller @ Kipling...
by B. Wellington
Thu Feb 07, 2013 11:27 am
Forum: Investing - Theory, News & General
Topic: Charlie Ellis & Burton Malkiel say 0% bonds OK under 50
Replies: 155
Views: 24367

Re: Mr. Bogle's rough rule of thumb.

In their book "The Elements of Investing", one of them, not sure which, say that investors with high risk tolerance can be 100% equities up to 50 years old. I subscribe to this view as well. What are your thoughts? My thought is that very few young (or old) investors can tolerate the larg...
by B. Wellington
Tue Jan 22, 2013 11:27 am
Forum: Investing - Theory, News & General
Topic: The worst [investing] advice [you have received]
Replies: 64
Views: 6728

Re: The worst advice

Years ago on "Wall street week" The "round table" of experts were picking their favorite companies. One of the picks was Worldcom.

:oops: :oops: :oops: (Lucky it was "only" 1% of my portfolio.) I don't play the losers game of chasing individual stocks anymore.
by B. Wellington
Fri Jan 11, 2013 11:26 am
Forum: Personal Consumer Issues
Topic: Most annoying things on Vacation
Replies: 42
Views: 3313

Re: Most annoying things on Vacation

Overhearing some other vacationer complaining about something. I want to bash them upside the head and say -- "You are on a beautiful beach/cruise ship/exotic land thousands of miles from home with your lovely spouse/wife/husband/boyfriend/girlfriend!" It's okay that your room isn't ready...
by B. Wellington
Tue Jan 08, 2013 12:10 pm
Forum: Investing - Theory, News & General
Topic: Retirement Income as a % of Pre-Retirement Income
Replies: 20
Views: 1542

Re: Retirement Income as a % of Pre-Retirement Income

If we continue our saving and investing plan, we will very likely pass the 100% of income WITH SS.

Modest incomes/LBYM.. :sharebeer