Search found 218 matches

by B. Wellington
Tue Jul 14, 2020 6:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 493
Views: 107978

Re: Vanguard's Wellesley Income fund is incredible

Call me crazy, but I have recently come to the conclusion that I will be using Wellesley for what I view as the second tranche of my emergency fund. 12 months cash in a high yield savings account, then 6 months in Wellesley. I did the same thing back when we still had an emergency fund (2/3 in Well...
by B. Wellington
Tue Jul 14, 2020 6:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 493
Views: 107978

Re: Vanguard's Wellesley Income fund is incredible

abuss368 wrote:
Sat Jul 11, 2020 11:25 pm
I knew of someone who put everything into Wellington years ago.
:beer
by B. Wellington
Wed Jun 24, 2020 6:38 am
Forum: Investing - Theory, News & General
Topic: Malkiel weighs in on passive investing and alternatives to the 60/40...
Replies: 39
Views: 4594

Re: Malkiel weighs in on passive investing and alternatives to the 60/40...

Seems like ridiculous yield chasing advice, but what do I know really? Still. He’s concerned about inflation. If only there were some safe bond like instrument that was indexed for inflation... No, nothing like that exists I guess so off to any of the standard yield chasing bond substitutes that ha...
by B. Wellington
Fri Jun 12, 2020 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Life advice from ungrateful?
Replies: 25
Views: 2168

Re: Life advice from ungrateful?

There are frequently conflicts between what we are taught that increases achievement motivation positively and eventually efforts to define goals in terms of achieving a balanced life. From my perspective, the teaching or learning from another source that says to maximize your capability vocational...
by B. Wellington
Fri Jun 12, 2020 7:34 am
Forum: Personal Investments
Topic: Work Suspended 401K Match
Replies: 33
Views: 2818

Re: Work Suspended 401K Match

mnsportsgeek wrote:
Fri Jun 12, 2020 7:24 am
I'm in the same boat. I just continued to contribute as normal, but I've already got an IRA maxed out.

If you aren't maxing out an IRA or Roth IRA, I'd shift to prioritizing that and then invest the rest of your income in the 401k.
+1
by B. Wellington
Fri Jun 12, 2020 5:21 am
Forum: Personal Investments
Topic: What to do with a lump sum right now?
Replies: 11
Views: 892

Re: What to do with a lump sum right now?

Hi everyone. Let's say I have a lump sum equal to seven times what I typically put into the market each month (above and beyond 401k etc. accounts). Without going into details, this lump sum must go into the market, or sit on the side as cash but I cannot use it in any other way. What is the best s...
by B. Wellington
Mon Jun 08, 2020 6:54 am
Forum: Investing - Theory, News & General
Topic: Reinvesting Dividends in Taxables: Arguments for and Against?
Replies: 15
Views: 1233

Re: Reinvesting Dividends in Taxables: Arguments for and Against?

Hi all, I'm trying to get the lay of the land re: reinvesting dividends in taxable accounts: Are there any rules of thumb? Here are some starter questions: 1 ) What are the typical situations/scenarios that warrant one approach over the other? 2 ) Do you reinvest dividend in your taxable account? W...
by B. Wellington
Wed Jun 03, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

I saw a blurb from Barron's that this current surge is being driven by bears covering shorts, but I couldn't read the article because it is behind a paywall. Who's buying other than the automatic purchases in 401k accounts? I’ve been doing my automatic 401k, but with my reduced spending I found mys...
by B. Wellington
Wed May 27, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: Why did you change your investing approach?
Replies: 36
Views: 2131

Re: Why did you change your investing approach?

When I realized Jack Bogle and Warren Buffett were a lot smarter, more experienced and offered a simpler, better plan than my random investments. I probably have to agree with this as well. A handful of individual stocks here and there. Sector funds. Some timing moves both good and bad. As well as ...
by B. Wellington
Thu May 21, 2020 7:33 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11805

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

Come up with a more conservative portfolio allocation (but not so conservative that when stocks rip up you'll bonds to buy more stocks) and implement it. ASAP. Waiting builds inertia and makes it harder to buy back. Agree. I moved to a more conservative portfolio years ago which has helped me from ...
by B. Wellington
Fri Mar 20, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: For 50-55 Year olds/ What Are you thinking?
Replies: 46
Views: 4708

Re: For 50-55 Year olds/ What Are you thinking?

52 years old....corporate technology job in financial Industry...7 figure retirement portfolio (still) originally at 65/35 now floating around 58/42 with ~20% losses off the high. I have college for two teenagers on the horizon, so plan has always been another 10 years or so. From my point of view,...
by B. Wellington
Wed Mar 18, 2020 5:44 am
Forum: Investing - Theory, News & General
Topic: Updated 3/18 - "You can't hide in bonds" article
Replies: 183
Views: 10139

Re: "You can't hide in bonds" article

Hello, Here is a link to an article, "You can't hide in bonds" dated March 17, 2020, at terrysavage.com. https://www.terrysavage.com/you-cant-hide-in-bonds/ Based on the details of the article, her position is: "....But stop thinking that you’re “safe in bonds.” That’s just not the case. Bond fund ...
by B. Wellington
Fri Mar 13, 2020 6:47 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 276357

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Sheepdog rides again! We owe him a great debt of thanks xxd091 Thank you for the nice comment. But this 14 year old continuing thread had many more educating comments from many other Bogleheads. I wish to thank all of them as well. Perhaps what happened to me and how everything progressed will help...
by B. Wellington
Fri Mar 13, 2020 5:35 am
Forum: Investing - Theory, News & General
Topic: Real Estate Right Now
Replies: 13
Views: 1030

Re: Real Estate Right Now

knpstr wrote:
Thu Mar 12, 2020 9:18 pm
No noticeable changes.
+1 Any home that goes up for sale in my neighborhood is usually sold in DAYS.

Inventory is low in a medium priced area. Everyone I know who is in the trades has more work than they have time (or help) for.
by B. Wellington
Thu Mar 12, 2020 7:08 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 276357

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

One thing I learned from 2008 is you should expect that a major market downturn could happen at any time, and your portfolio should be constructed accordingly. Yes, I also learned that from 2000 and 2008. I also learned that there's no guarantee of a V-shaped recovery from Japan. I just learned, th...
by B. Wellington
Fri Mar 06, 2020 10:24 am
Forum: Investing - Theory, News & General
Topic: Are Japan like "lost decades" possible in US and world stock market?
Replies: 82
Views: 8352

Re: Are Japan like "lost decades" possible in US and world stock market?

DB2 wrote:
Fri Mar 06, 2020 10:18 am
SimpleGift,

Good find.

Can we gather or extrapolate what a 50/50 portfolio might have done during the "lost decade"?
+1 :beer
by B. Wellington
Wed Mar 04, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?
Replies: 27
Views: 3528

Re: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?

firebirdparts wrote:
Wed Mar 04, 2020 1:29 pm
B. Wellington wrote:
Wed Mar 04, 2020 12:18 pm
Uncle Warren's "holding period" for Berkshire is probably much, much longer than mine.
I bet it's not for an airline. He hates 'em.
That's what I have read as well. A little surprising maybe. So we will see how long the company keeps its holding.
by B. Wellington
Wed Mar 04, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?
Replies: 27
Views: 3528

Re: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?

Uncle Warren's "holding period" for Berkshire is probably much, much longer than mine.

That being said, I continue to invest on a regular basis in my 401(K) etc.
by B. Wellington
Wed Mar 04, 2020 11:21 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds in Market Turbulence
Replies: 12
Views: 1312

Re: Balanced Funds in Market Turbulence

My IRAs have been mostly in LifeStrategy funds for the past few years, and I find I am really enjoying not having to think about rebalancing. Knowing that it is happening automatically is comforting because on my own, with separate funds, I probably wouldn't do it (retired). +1 And This^^^ I'm real...
by B. Wellington
Wed Mar 04, 2020 8:18 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds in Market Turbulence
Replies: 12
Views: 1312

Re: Balanced Funds in Market Turbulence

Sandtrap wrote:
Wed Mar 04, 2020 7:46 am
One of the advantages of "Balanced Funds" in market turbulence is to reduce human behavioral reactions that can damage a portfolio.
Tinker reduction value.

j :happy
^^^+1 This.

And for some, it can give you the "courage" to keep buying during rough times.
by B. Wellington
Mon Mar 02, 2020 10:53 am
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9987

Re: Another Edward Jones and other Financial Advisor "Lessons to Share"

Sandtrap, my father who is in his 80's has an account with a well known, large banking company (not EJ.) But is also in the mindset of "I really like the gal who takes care of this for me." I recently had the chance to look at his small holdings, with 14 different funds and an expense ratio (that I ...
by B. Wellington
Fri Feb 28, 2020 9:13 am
Forum: Investing - Theory, News & General
Topic: Re-assessing risk tolerance if near/in retirement
Replies: 50
Views: 2618

Re: Re-assessing risk tolerance if near/in retirement

for many retirement is a significant financial event. An investment time when human capital fades quickly, and there is no wages, contributions,company matches,bonuses, etc. Instead there are withdrawals for living expenses or funding the wait to collect medicare/SS or both. Often. especially at ti...
by B. Wellington
Wed Feb 26, 2020 7:37 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 511
Views: 45775

Re: The Calm Post - Stay the course thread.

Hi Bogleheads- Since we have a stocks skyrocket and stocks plummet thread, can we start one where we can go for refuge ? I love to read posts from those who are calm and riding out the volatility both on the upside and downside. I see plenty of boasting on the upside and hand wringing panic on the ...
by B. Wellington
Tue Feb 18, 2020 8:07 am
Forum: Investing - Theory, News & General
Topic: Investors are never happy
Replies: 39
Views: 2981

Re: Investors are never happy

I believe I am more happy (with my investments) than the poor guy/gal who was not able to invest for any number of reasons. Or the person who may have started late in life. ( I did not have access to a 401(K) until I was in my 30's) Or those I know who sold out of fear in the past. And those who sti...
by B. Wellington
Mon Feb 17, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: When did (will) your accumulation phase end?
Replies: 36
Views: 3395

Re: When did (will) your accumulation phase end?

The updated question seems to focus on the change from wanting/needing to grow the portfolio to wanting/needing to preserve the portfolio. In my book, that is the same as "when did you start adding more bonds?" The answer for me was 4 months before retirement when I looked at my portfolio and reali...
by B. Wellington
Thu Feb 13, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

for those that were in the market late 90s how does the sentiment now compare with that time? Were investors caught off guard in 2000 when it crashed? In 1999-2000 I had high school kids that worked for me, that wanted their parents to open Etrade accounts for them. They wanted that to be their sum...
by B. Wellington
Thu Feb 13, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

for those that were in the market late 90s how does the sentiment now compare with that time? Were investors caught off guard in 2000 when it crashed? In 1999-2000 I had high school kids that worked for me, that wanted their parents to open Etrade accounts for them. They wanted that to be their sum...
by B. Wellington
Thu Feb 13, 2020 6:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

Well, I officially crossed $500k net worth today. I immediately started thinking of how excited I was about getting to $100k in 2007 - it was so much fun, I did it again in 2011. Upvoted for joke and username. :beer How many years did it take you to $100k? I've got $42k and hoping for 100 in 5 year...
by B. Wellington
Tue Feb 11, 2020 12:47 pm
Forum: Personal Investments
Topic: 60/40 Doesn't Cut it Anymore?
Replies: 84
Views: 12539

Re: 60/40 Doesn't Cut it Anymore?

"When the tide goes out" we will see if 60/40 really, truly, doesn't cut it anymore. Someone please report back to the forum if (when) that occurs... With new charts please. Aka= (Will)? :twisted: When did I ever claim that 60/40 'won't cut it'? A statement was made with regard to bonds not having ...
by B. Wellington
Tue Feb 11, 2020 11:55 am
Forum: Personal Investments
Topic: 60/40 Doesn't Cut it Anymore?
Replies: 84
Views: 12539

Re: 60/40 Doesn't Cut it Anymore?

Study risk/ reward charts online and that can help you diy. I finally just started reading and learning myself, cause we're all setup differently. I'm 63, retired and 60/40 is working out well. I retired in 2009, and have more then doubled my retirement account. Note: I have a math degree and math ...
by B. Wellington
Fri Feb 07, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: How much to hold in cash during retirement?
Replies: 51
Views: 5313

Re: How much to hold in cash during retirement?

In 33 years of systematic accumulation I didn't ever spend any time worrying about buying stocks at record highs. Likewise in retirement I don't worry about selling stocks at levels lower than some recent high. That's just an example of a cognitive bias called anchoring. If you were a lifetime save...
by B. Wellington
Thu Jan 30, 2020 1:02 pm
Forum: Personal Consumer Issues
Topic: Early retirement - Long term "successes"
Replies: 75
Views: 7310

Re: Early retirement - Long term "successes"

I see there are some side conversations taking place about qualifiers for what a legitimate retirement is. I’m open to a broad interpretation of retirement so maybe I should have used “financially independent” mixed with some sort of career exit. On a narrower view, I posed the example of someone i...
by B. Wellington
Thu Jan 30, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: Early retirement - Long term "successes"
Replies: 75
Views: 7310

Re: Early retirement - Long term "successes"

“Retirement police” is just another term for envy 😂 I suspect that you're mostly correct. Personally, I am far more concerned with financial independence than early retirement. If I have the former, then I have the choice as to whether I want to do the latter. Fritz of The Retirement Manifesto says...
by B. Wellington
Thu Jan 30, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: Early retirement - Long term "successes"
Replies: 75
Views: 7310

Re: Early retirement - Long term "successes"

Anybody out there retire in their 20s or 30s and stay retired through the decades that followed? There is no shortage of millennial influencers out there promoting their early retirement journey to the masses. It's like they started a new career out of blogging about retiring. Does that count as re...
by B. Wellington
Tue Jan 28, 2020 7:04 am
Forum: Investing - Theory, News & General
Topic: Designing a Portfolio for an Investor Who Wishes to Avoid "Paper Assets"
Replies: 61
Views: 3098

Re: Designing a Portfolio for an Investor Who Wishes to Avoid "Paper Assets"

Gold and other precious metals Collectible coins and arts Cryptocurrency (to some extent) Pretty much everything else depends on the society to justify your ownership of the assets. Just to add to this, If someone doesn't have a lot of experience in collectible coins (or gold and silver for that ma...
by B. Wellington
Thu Jan 23, 2020 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 6801

Re: Umbrella insurance cost

149.00 Added to our combined policies for 1 Million in coverage.

Couple +55

Midwest.
by B. Wellington
Wed Jan 22, 2020 11:24 am
Forum: Personal Investments
Topic: Doe anyone make money with bonds?
Replies: 39
Views: 5111

Re: Doe anyone make money with bonds?

Has anyone ever lost any real money with bonds? That's a rhetorical question. I definitely am a believer that one pursues reward with stocks and maintains capital with bonds. Exactly! I'll bet that a lot of people in Real estate in 2008 (or any other time for that matter, when a house deal turned o...
by B. Wellington
Tue Jan 21, 2020 7:32 am
Forum: Personal Finance (Not Investing)
Topic: FI and/or RE: did you change your "magic number"?
Replies: 24
Views: 2323

Re: FI and/or RE: did you change your "magic number"?

I found that once you're FI, a regular full time job becomes a bit more easy street. Because you know you can just walk away if it's not worth it any more, and ergo, much less stress. Our old magic number was half of what we have now. Just cruising along feathering the nest at this point and paying...
by B. Wellington
Mon Jan 20, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: Holding too much emergency fund cash...
Replies: 47
Views: 5195

Re: Holding too much emergency fund cash...

Is anyone in the same boat as me? I feel like I'm holding too much emergency fund cash. I live in the a HCOL so the absolute value is high. Originally, I wanted to do 2 yrs emergency fund, but right now I've compromised at 18mth and $40k, and that's like the bare min to live on. I don't have a lot ...
by B. Wellington
Thu Jan 16, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

stocknoob4111 wrote:
Thu Jan 16, 2020 11:45 am
not excited about this run up as the market is getting way too expensive... not good for those of us in the accumulation phase.
Agree...That's why I wanted to mention that I was close to the "retirement" phase.

New money is mostly 401(k) contributions. YMMV.
by B. Wellington
Thu Jan 16, 2020 10:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

Wow! I'd never thought about stocks increasing ten-fold every 33 years. That level of growth seems phenomenal. It looks like another great day is in store! So much for all the 'experts' predicting that stocks had run out of gas. :mrgreen: Without dividends. Total return should be around factor 22. ...
by B. Wellington
Thu Jan 16, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 493
Views: 107978

Re: Vanguard's Wellesley Income fund is incredible

I’ve been tracking the performance of Wellesley versus the Vanguard LifeStrategy Conservative Growth Fund since 1995. For the last 25 years Wellesley has produced annualized returns of 8.55% compared to 6.99% for LifeStrategy Conservative Growth. What I find interesting is over the last 10 years, w...
by B. Wellington
Thu Jan 16, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6628
Views: 557807

Re: U.S. stocks continue to soar!

The S&P 500 just opened above 3,300. The index first closed above 330 on August 11, 1987. It first closed above 33 on Nov 8, 1954. So roughly 10-fold every 33 years and change. Stay the course. :beer Wow! I'd never thought about stocks increasing ten-fold every 33 years. That level of growth seems ...
by B. Wellington
Tue Jan 14, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Why not go all aggressive? The risk seems about the same....
Replies: 51
Views: 4531

Re: Why not go all aggressive? The risk seems about the same....

You may want to seriously go back and study some market history you speak of.

There were many "paper millionaire retirees" in 1999-2000. For many, it didn't end well and some were forced to work additional years to recover from those losses.
by B. Wellington
Thu Jan 09, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: In my opinion, Best Overall Retirement Article
Replies: 95
Views: 11178

Re: In my opinion, Best Overall Retirement Article

This. The article reads like it is penned by somebody who is comfortably FI. “Do what you love and the money will follow” is the biggest sham lie told to an entire generation, and I wish people would stop pushing this nonsense. I am so bewildered by this negativity, and clearly you are in the major...
by B. Wellington
Thu Jan 02, 2020 8:42 am
Forum: Personal Investments
Topic: Exit strategy from Edward Jones - Novice
Replies: 75
Views: 6149

Re: Exit strategy from Edward Jones - Novice

My EJ representative, and his assistant, have become friends. This will be very difficult for me but, I know I must make the change. In their business model, this is the most important task of an EJ rep. Not to make you money. Not to be a fiduciary looking out for you. But to create a relationship ...
by B. Wellington
Thu Jan 02, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: Improving the Dalio/Robbins All-Seasons Portfolio
Replies: 291
Views: 71388

Re: Improving the Dalio/Robbins All-Seasons Portfolio

I don't see any significant value added of Dalio's All Weather Portfolio. Agreed given your time-frame. What happens if you consider 1920-1940, or wartime Europe, or some similar catastrophic periods? If you believe "it will never happen again in my lifetime" then stock+bonds in some ratio is proba...
by B. Wellington
Fri Dec 20, 2019 7:22 am
Forum: Investing - Theory, News & General
Topic: You’re never going to make enough money if you have 40% of your money in bonds
Replies: 186
Views: 17531

Re: You’re never going to make enough money if you have 40% of your money in bonds

That's absurd - and probably a good example of recency bias.. Of course you can make enough money if you have 40% of your money in bonds. You can also do it with 100% in bonds. Or with 0%. Savings rate matters, and probably more than whether you're invested 60/40 or 100/0. +1 So 80/20 is the "New" ...