Search found 132 matches

by B. Wellington
Wed Nov 21, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2412

Re: Opinion Required

This is exactly why I manage my own investments. You are tracking daily market movements in an effort to guess where they might go from here. Listening to the financial news in a futile effort to outsmart the overall market, probably second guessing your original plan. This is what keeps people up a...
by B. Wellington
Sat Nov 10, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6514

Re: Strategy during the last stock market decline

My wife and I were really scared. We did nothing at all. I wouldn't call it a "strategy." +1 We had no real strategy. This was pre-Bogleheads, 2000 and 2008. Lost a huge amount in 401K's and IRA's, the wife works for a small employer and they could no longer afford to offer 401K's and health insura...
by B. Wellington
Thu Oct 25, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Scariest Things Heard This Week (Investing)
Replies: 9
Views: 2683

Re: Scariest Things Heard This Week (Investing)

EJ rep stopped by again (I know they are required to make x number of contacts per week etc.) Told him investing is something I have been doing most of my adult life and that I enjoy it. I was honest and also told him that I was part of this forum. (Deer in the headlights look.) "I've NEVER heard of...
by B. Wellington
Thu Oct 25, 2018 6:03 am
Forum: Investing - Theory, News & General
Topic: The ship metaphor
Replies: 24
Views: 2034

Re: The ship metaphor

Harbor (after) in the Tempest....

...Words borrowed from the group U2

Make a plan that you can stick with through good weather and bad.
by B. Wellington
Wed Oct 24, 2018 7:15 am
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8786

Re: What's Your Fixed Income Strategy?

There are a lot of great threads and posts about specific Bond and/or CD topics that helpful Bogleheads respond to, but I'm interested in your Philosophy and Strategy (two of three of Rick Ferri's attributes in investing) when it comes to the fixed income portion of your AA, especially folks 5 year...
by B. Wellington
Tue Oct 23, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: How do you prepare for and start withdrawal stage....
Replies: 4
Views: 791

Re: How do you prepare for and start withdrawal stage....

I'm sure others will chime in with more detailed information. That said, we are basically on the same page as you but with no pension and a few years older. Depending on the pension payout I would be careful increasing the % of withdraw rate. The rest of your plan seems to be on the right page. For ...
by B. Wellington
Fri Oct 19, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 47
Views: 9319

Re: Set it and forget it

Thanks again Rick for the timely reminder.

Wish I had heard this 30 years ago. However, back then I did find out about this little company named Vanguard. :beer
by B. Wellington
Wed Oct 17, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11378

Re: What do you consider 'enough'?

Does anyone out there in their working years have a way of figuring out what is 'enough' in terms of income to support their current lifestyle and to also save for the future? I know it's different for everyone but I'd be curious to hear your thoughts on if and how you calculate how much is 'enough...
by B. Wellington
Fri Oct 12, 2018 4:48 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9962

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Wouldn't it be better to work another year or so at your actual profession, and not worry about this? Seems like a much more efficient way to get the money when compared to years of some random low-paying part-time job. yea, that's my thinking. I thought of quitting and go part time working 20 hour...
by B. Wellington
Tue Oct 02, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing for dividends? Website DRIP?
Replies: 7
Views: 807

Re: Thoughts on investing for dividends? Website DRIP?

Sandtrap as others have mentioned, In the 1980's and 90's DRIP's were a convenient, NO cost or low cost way for the small investor to build shares. Performance was fair at best because of the narrow focus on utilities, banks, and energy companies. Diversification was difficult unless you bought doze...
by B. Wellington
Tue Sep 18, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4245

Re: 401k: Why not only after-tax?

I have seen a number of threads where people are balancing pre-tax and after-tax in their 401K accounts. The bottom line: It is more efficient to use pre-tax if you expect to be in a lower tax bracket at withdrawal, it is more efficient to use after-tax if you expect to be in a higher tax bracket a...
by B. Wellington
Thu Sep 13, 2018 6:00 am
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2880

Re: What do I do with my investments during a downturn/recession?

Continue doing what you do today. +1 During 2008-09 (my mid 50s) I kept on contributing to my 403B plan as I had been doing since the mid 1980s: 50% stock, 50% stable-value fund, without rebalancing. (This was before I found Bogleheads and learned about rebalancing.) +2 I don't have a 403B plan. Ho...
by B. Wellington
Mon Sep 10, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 411
Views: 46934

Re: U.S. stocks continue to soar!

After several bad days, we can change the title to US Stocks Continue to Sore! I had some uneasiness when this thread popped up. Sure enough, the market has drifted downward since. To my dismay, the thread caught on. This reminds me of the "Elves", the panel of technical analysts who weekly gave ou...
by B. Wellington
Wed Sep 05, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: Investment Books
Replies: 47
Views: 3573

Re: Investment Books

Bogleheads - In the interest of simplicity and minimalism I have a question that I am very interested in thoughts and feedback. How many investment books do you typically have on a bookshelf? Do you continue to buy books? Have you made a decision over time to remove? We have really cleaned out our ...
by B. Wellington
Wed Aug 22, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Nearing retirement - portfolio suggestions
Replies: 8
Views: 979

Re: Nearing retirement - portfolio suggestions

Just a couple of things to consider. Is your wife willing and able to re-balance this portfolio if something happens to you? Your Asset Allocation looks to be 50/50, is this your target going into retirement? And are you comfortable having this much in cash? How are you planning to withdraw from thi...
by B. Wellington
Thu Aug 09, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing--what's the attraction?
Replies: 12
Views: 1496

Re: Dividend Growth Investing--what's the attraction?

+1 Nice post Jo. "High Quality" = "Less" risk and a margin for error. I look at dividends much in the same way. However I am ~3 years from RE. (Retire Early) I have no particular opinion on the substance of the dividends issue. But I can't help but notice that you have the perfect screen name for s...
by B. Wellington
Thu Aug 09, 2018 5:48 am
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing--what's the attraction?
Replies: 12
Views: 1496

Re: Dividend Growth Investing--what's the attraction?

Dividends signal something about a company. Lowering or stopping a regular dividend is treated adversely in the market, and a company that has a long history of uninterrupted and rising dividends is a pretty good signal that the company is doing ok financially and that the management is taking the ...
by B. Wellington
Thu Aug 02, 2018 4:54 am
Forum: Investing - Theory, News & General
Topic: Respect the Magical Power of Mean Reversion
Replies: 20
Views: 2255

Re: Respect the Magical Power of Mean Reversion

The problem with reversion to the mean is that we don't know if or when that will happen. Or how swiftly that movement could take place. It could be a slow and steady process that may take years to develop and we just don't know for sure. Following the advice and acting on it in 2013 would have resu...
by B. Wellington
Wed Jul 25, 2018 5:00 am
Forum: Investing - Theory, News & General
Topic: size/liquidity of your emergency fund in retirement?
Replies: 9
Views: 1211

Re: size/liquidity of your emergency fund in retirement?

Over the last few years there have been many debates on emergency funds, how much CASH to keep on hand? Bucket strategies consisting of X number of years in "liquid" investments, etc. I am at a point where I look at this as a "spending fund" rather than a "bucket system" or emergency fund. Others ha...
by B. Wellington
Fri Jul 13, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 6014

Re: Would you trade experiences in your youth for early retirement

Thanks Timelord, this topic though touched on in the FIRE community once in awhile, has become very important to the DW and I today. In our advancing years we have seen more and more family members and close friends pass and has made us stop and reflect on what truly is important in our lives. I wou...
by B. Wellington
Wed Jun 13, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: You Can Market Time At Valuation Extremes
Replies: 65
Views: 8278

Re: You Can Market Time At Valuation Extremes

Sure, in hindsight the 90 CAPE in Japan was insane. But Black Tuesday happened at around 30 CAPE. If you had been Japanese during the boom and sold all your equities when CAPE hit 30, where would that have left you? Successfully market timing doesn't mean just correctly saying that the market is ov...
by B. Wellington
Mon Jun 11, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 11017

Re: Early retirement pros and cons:

I think it is important to remember the current attention-getting movement is FI/RE , Financial Independence/Retire Early. The emphasis is on financial independence. Use the strength of financial independence to have the freedom to stay in your job, pursue another, or whatever. This is admirable. I...
by B. Wellington
Fri Jun 08, 2018 5:58 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 184
Views: 26362

Re: Don’t cheat yourself with the 4% rule

Sadly, this view of comparing one's remaining life expectancy to one's forecasted retirement success rate is missing from most discussions of this topic. It's an uncomfortable thing to think about. "Life expectancy" is a 50/50 proposition. I think a bigger error is believing life can't really be li...
by B. Wellington
Wed Jun 06, 2018 6:02 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 184
Views: 26362

Re: Don’t cheat yourself with the 4% r

“I’m planning on a 2.5% [1.5%...0.5%...] portfolio withdrawal rate” is more an implicit brag about the size of poster’s portfolio than a reasoned objection to the so-called 4% rule. To the extent that is even a rule, 4% is designed for retirees of *relatively* modest means who are concerned—in thei...
by B. Wellington
Wed May 30, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 13484

Re: To be or not to be complex, that is the question

Bogleheads spend a lot of time talking about the benefits and drawbacks of simple portfolio strategies and “complex” strategies. Simple portfolios include Life-Strategy funds, 2-fund, 3-fund, Core-4 and other set and forget type strategies. Complex portfolios include factor tilts, commodity exposur...
by B. Wellington
Wed May 23, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Need advice for 66 year old new investor
Replies: 4
Views: 644

Re: Need advice for 66 year old new investor

A 66 year old relative just cashed in a fund that was going nowhere in the four years she had it. Besides fees of 2% also had a back end load. Has a mortgage, no other investments or cash but the $12000 from this fund. Still working and obviously will have to for some time. I felt this forum could ...
by B. Wellington
Wed May 16, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9712

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

I think this forum is a bit obsessed with the idea that investment is stock index + bond index. Any contrary idea suggesting physical assets such as property and gold as diversification and hedge is looked down upon - just like real estate forums where stock investment may be looked down - having a...
by B. Wellington
Wed May 16, 2018 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9712

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

OP, serious question...Why does your friend suggest silver?

Why not Real Estate? Gold? Treasuries? Money Market? What does he see that we do not?
by B. Wellington
Tue May 15, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11453

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

With a short term treasury bond ladder earning 2-3% and only taking out $40k per year how long would it last? Earning 0% it would last 25 years (and no income taxes). Add in 2% and it lasts much longer. Earning 3% it would last 47 years. Earning 2% it would last 35 years. Very interesting numbers A...
by B. Wellington
Tue May 15, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11453

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

advice on how to generate $40-60K from $1,000,000 50-50 equities-bonds, withdraw 4%. So years more than $40k, some years maybe less, but long term data suggests this can be done. But there’s downside risk. You’ll have to take some risk to get those returns. As others have pointed out, there is no "...
by B. Wellington
Tue May 08, 2018 5:00 am
Forum: Investing - Theory, News & General
Topic: Why do so many Americans not own stocks?
Replies: 44
Views: 4045

Re: Why do so many Americans not own stocks?

Most Americans have less than $1,000 in savings. Even among those with higher incomes, Americans are really bad at saving. +1 Add in the average car payment in America ($503 each) And the average house payment ($1061) per month. Then food, clothing, insurance, fuel, phone, cable, etc. etc. You then...
by B. Wellington
Fri Apr 27, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: how would you handle this--collecting life insurance
Replies: 31
Views: 3445

Re: how would you handle this--collecting life insurance

aquamarine, so sorry for your loss... My father went through this almost exactly the same way as you describe when my mother passed over a year ago. Delay after delay. The amount of money in question would only be to help reimburse some of the costs of the funeral. Of course you are dealing with an ...
by B. Wellington
Fri Apr 27, 2018 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 35465

Re: Those with high savings rate: why?

Is it because you want to retire early, or You are not sure what the future holds, e.g. low job security, or Mix of these. It's not so much to specifically retire early, but to reach financial independence early. Then it's not a monetary choice to stop working, but a decision based on what we want ...
by B. Wellington
Fri Apr 06, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 18221

Re: What can we learn from secret millionaires.

Those of us who have amassed that sort of wealth or are on track to do so should realize how fortunate and lucky we are. Yes, many of us worked hard, but we also usually had a lot of help, and caught some lucky breaks too. Luck had nothing to do with it, fortunate, depends on your perspective. Help...
by B. Wellington
Fri Apr 06, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 19919

Re: Swedroe: Look Beyond 60/40 Portfolio

OP, I agree with the general theme of the article. However, I believe real investor return will be good. I could always count on the volatility of the market and recession to force 100/0 investor to capitulate. Then, a 60/40 investor that buy, hold, and rebalance will profit greatly. Not many folks...
by B. Wellington
Fri Apr 06, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: Article on "Buckets" at Morningstar. How Does The Bucket Approach To Retirement Allocation apply to you?
Replies: 23
Views: 3007

Re: Article on "Buckets" at Morningstar. How Does The Bucket Approach To Retirement Allocation apply to you?

There are a number of people who like to heap scorn on any approach which doesn't meet their personal approval. It can be buckets, or international, or particular AA choices. I happen to think there are many roads to Dublin, and while buckets don't hold any magic properties, they can be a useful wa...
by B. Wellington
Fri Apr 06, 2018 4:58 am
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 18221

Re: What can we learn from secret millionaires.

Those of us who have amassed that sort of wealth or are on track to do so should realize how fortunate and lucky we are. Yes, many of us worked hard, but we also usually had a lot of help, and caught some lucky breaks too. Luck had nothing to do with it, fortunate, depends on your perspective. Help...
by B. Wellington
Thu Apr 05, 2018 4:58 am
Forum: Investing - Help with Personal Investments
Topic: senior investing
Replies: 26
Views: 2001

Re: senior investing

It sounds to me that an immediate annuity (preferably inflation adjusted) would be hard to beat in this case. If it puts his income above some public assistance threshold so be it. With his limited funds I don't see a better way. I would also agree with holding a bit back for a rainy day fund (but ...
by B. Wellington
Wed Apr 04, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Anyone Pulled the Trigger on Global Wellington/Wellesley?
Replies: 33
Views: 8585

Re: Anyone Pulled the Trigger on Global Wellington/Wellesley?

Both Domestic Wellesley and Wellington have consistently outperformed their respective index benchmarks. Why is that? I doubt it's stock selection in bull markets since we know that is so hard to beat. Is it one or more of the following: 1) Better bond selection than the Treasury heavy indexes 2) D...
by B. Wellington
Thu Mar 29, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Anyone hold any defensive funds in their portfolio?
Replies: 41
Views: 4651

Re: Anyone hold any defensive funds in their portfolio?

Wellington
Wellesley Income
Short Term Treasuries

~4-5 years from "semi-retirement".

Note: Both W/W funds are down so far this year due to rising interest rates and a pull-back in equities. Defensive maybe, but no "safe" harbor.
by B. Wellington
Wed Mar 28, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2244

Re: Advice for retirees.. who writes this stuff!?

" Day trading stocks is the perfect retiree activity because it’s just as complicated as you want it to be. You can trade casually, and pick up some minor gains here or there. Or, go in full-bore and make it your new job. After all, investments provide extra money, so have some fun with it." From t...
by B. Wellington
Wed Mar 28, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 140
Views: 14145

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

We're all different people in different circumstances and it would be strange indeed if all of agreed with grok's or with my retirement plan. I will merely relate my own retirement plan with no value judgement at all about whether it is right for anyone else. I retired 20.5 years ago at age 50 and ...
by B. Wellington
Tue Mar 27, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 140
Views: 14145

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

Serious question. Is there, in fact, any real body of real-life data on the actual experiences of real retirees who have actually closely followed one or another retirement plan? My preconception is that no, I doubt that there is. Before the 401(k) became really popular, which probably means some t...
by B. Wellington
Tue Mar 27, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 140
Views: 14145

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

No offense, but entirely too much complexity for my taste. In real life, the map is never the territory. Lots of excellent non-fiction books out there on the chasm between theory and reality. No offense taken, Not sure who said "Everything should be made as simple as possible, but not simpler." My ...
by B. Wellington
Fri Mar 23, 2018 4:51 am
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 4670

Re: Building a bridge to Social Security: When to start?

So, if retiring with $1 million at 65, and given Social Security at age 70 of $30k/year: Transfer 5 years x $30k from the portfolio to the bridge account, leaving $850,000. This generates a 4% SWR of $34,000, which added to $30,000/year from the bridge account provides annual income of $64,000 a ye...
by B. Wellington
Mon Mar 19, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: Best way to hold cash in retirement accounts??
Replies: 57
Views: 7281

Re: Best way to hold cash in retirement accounts??

I am setting up my retirement accounts into the form I would like them to have as I approach the retirement/withdrawal stage of things. I would like to have 10-15% of my accounts in cash/fixed form. The purpose of the cash/fixed holdings is--in the event of a bear market or sustained equities downt...
by B. Wellington
Tue Mar 13, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Owner semi-absentee business
Replies: 8
Views: 1357

Re: Owner semi-absentee business

...Need help point me into the right direction as to what business to buy, pro and con. Successful semi-absentee businesses are very, very rare -- mostly the luck of owning something that later becomes popular. And that usually involved a lot of hard work during the incubation days. Stocks are one ...
by B. Wellington
Tue Mar 13, 2018 5:02 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10647

Re: Dave Ramsey on Bonds

Willy, Dave and his company also owns A LOT of Real estate which produces some major cash flow. This is something the small investor is probably not able to do, at least not on a large scale unless you are into real estate. That leaves (most) of us to rely on our bond allocation to not only produce ...
by B. Wellington
Wed Mar 07, 2018 6:00 am
Forum: Investing - Theory, News & General
Topic: Looking for an example of a fund which has beat its index for 30 years
Replies: 93
Views: 10182

Re: Looking for an example of a fund which has beat its index for 30 years

The problem with beating a benchmark index with any significant amount also comes down to timing. For example, investing all (or most) of your money on the inception date or very good timing of your DCA contributions. I would wager that if you missed even (a few) of the very best days of the fund an...
by B. Wellington
Thu Feb 22, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 3263

Re: Young Investor: Investing In A Bear Market

Your investment horizon is not 25 or 30 years, it’s 55-60 years! Why? Because you are not going to withdraw all of your assets on Day 1 of retirement to plunk it into inflation ravaged cash. Some portion of your assets need to be continually invested to stay ahead of inflation - equities are your b...