Search found 151 matches

by B. Wellington
Fri May 17, 2019 8:17 am
Forum: Personal Investments
Topic: Thank you Bogleheads
Replies: 4
Views: 1011

Re: Thank you Bogleheads

Hello all, DH and I are celebrating our 1 year anniversary of quitting his trading addiction with stocks options crypto, you name it. I must say DH is looking more handsome with no more hairloss, less stressful, spending more quality time with me, healthier and last but not the least saving lot mor...
by B. Wellington
Fri May 17, 2019 5:56 am
Forum: Investing - Theory, News & General
Topic: Does stock allocation truly matter?
Replies: 50
Views: 3732

Re: Does stock allocation truly matter?

Some thoughts down the line-retired at 57 now 72 -seen and been through a lot-walked the walk! Jacks rule of your age in Bonds is a good start Total Stockmarket and Total Bond Market is enough Over time 70% Equities/30% Bonds seems to perform as well as 30% Equities/70% Bonds - Save as much as you ...
by B. Wellington
Thu May 16, 2019 8:09 am
Forum: Personal Investments
Topic: Income stream post retirement.
Replies: 35
Views: 3150

Re: Income stream post retirement.

I let the dividends from my taxable ETFs go into my money market fund. About once a year, I estimate how much I need for the coming year from my investments, estimate the dividends and subtract them, and sell enough shares to cover the difference, placing the proceeds in the money market fund. When...
by B. Wellington
Thu May 16, 2019 6:52 am
Forum: Personal Investments
Topic: Income stream post retirement.
Replies: 35
Views: 3150

Re: Income stream post retirement.

I let the dividends from my taxable ETFs go into my money market fund. About once a year, I estimate how much I need for the coming year from my investments, estimate the dividends and subtract them, and sell enough shares to cover the difference, placing the proceeds in the money market fund. When...
by B. Wellington
Wed May 15, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 332
Views: 159218

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

This was a great thread to read as a younger investor in early 20’s I am not sure how much I have shared on other threads over the years....? However, I watched as 100's of fellow employees were let go during that difficult time. Many never returned and I was very, very lucky to have stayed on unti...
by B. Wellington
Mon May 13, 2019 10:29 am
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10148

Re: Does your retirement plan work if stocks are flat or in decline for decades?

If they earn 0%, yes - will be just fine. If they decline, well, it depends on how much. For retirement funding, we are supplying enough in principal to sustain in retirement. Any gains from the market just make things more comfortable. +1 Timelord, we are somewhat conservative with "retirement" a ...
by B. Wellington
Fri Apr 12, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 57833

Re: Selling all equities, discuss why I'm wrong. :)

You need to read more books. Stop everything you are doing and read these. When you are done come back and start over with a clean slate. Maybe in the interim there will be a crash :D https://www.bogleheads.org/wiki/Books:_recommendations_and_reviews The Bogleheads' Guide to Investing The Boglehead...
by B. Wellington
Wed Apr 10, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Baby boomer vicious cycle crash
Replies: 63
Views: 5584

Re: Baby boomer vicious cycle crash

There have been several research papers out over the years claiming the same demographics issues. One I recall was in late 2002 and calling for another "sharp decline" as more boomers retire. The Dow was approximately ~9000 at the time... As others have mentioned, pick an AA that you can live with a...
by B. Wellington
Wed Apr 10, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 147
Views: 11413

Re: Crypto bulls are back. Are you getting in?

allocating a tiny portion of my portfolio to anything isn't going to move the needle +1 This is a very valid point for those looking to "invest" in Crypto. What % of your total portfolio are you willing to risk in search of what % of out-performance? A 1%-5% stake probably wouldn't "move the needle...
by B. Wellington
Fri Apr 05, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 15432

Re: Indexing beats Wellington and Wellesley right?

Peak under the covers of Wellington and Wellesley. The expense ratio of .36 and .33 has been mentioned. $50k for Admiral shares. They are a pretty thin slice of the market. Stocks: 80 Wellington 69 Wellesley Bonds: 365 Wellington 315 Wellesley Duration 6.0 years for both Total US: 3,573 stocks Tota...
by B. Wellington
Wed Apr 03, 2019 7:22 am
Forum: Investing - Theory, News & General
Topic: For the people going to cash, how long?
Replies: 20
Views: 3219

Re: For the people going to cash, how long?

Hope to retire in 1.5 years or so. Am planning to maintain about 10 years of non-rebalancing funds in fixed income to ensure we make it to SS... as part of our 60/40 AA. I consider this out of the market because I will not use these funds to rebalance during market downturns. Fixed income in excess...
by B. Wellington
Tue Apr 02, 2019 12:58 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 15432

Re: Indexing beats Wellington and Wellesley right?

Peak under the covers of Wellington and Wellesley. The expense ratio of .36 and .33 has been mentioned. $50k for Admiral shares. They are a pretty thin slice of the market. Stocks: 80 Wellington 69 Wellesley Bonds: 365 Wellington 315 Wellesley Duration 6.0 years for both Total US: 3,573 stocks Tota...
by B. Wellington
Thu Mar 21, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 8296

Re: Retired Investors - Do You Keep Cash For Down Years

Not for "down years", but we do maintain a bit of cash. This is what we do: I am in retirement withdrawal phase. Three fund portfolio. Fixed income allocation is all in TBM, plus 6 months expense in a Money Market fund. Once per year in December we withdraw our estimated expenses for the following ...
by B. Wellington
Wed Mar 06, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: What do you tell people who ask for retirement/investment advice?
Replies: 71
Views: 5319

Re: What do you tell people who ask for retirement/investment advice?

I have a friend in the situation you described. He has basically mismanaged his personal finances for > 30 years, and he has pretty much ignored any advice. He lost his job more than 5 years ago, and he is now ekeing out a meager existence, relying on Social Security, public assistance programs, an...
by B. Wellington
Tue Mar 05, 2019 8:38 am
Forum: Investing - Theory, News & General
Topic: Pushing the frontier of behavioral finance
Replies: 38
Views: 3490

Re: Pushing the frontier of behavioral finance

Alex, I knew very little about investing in the '80's-90's. Information was hard to find for the small investor and stock picking was more popular than mutual funds at the time. High fees added to the losses. After taking some losses along the way I started to educate myself by reading everything th...
by B. Wellington
Tue Feb 19, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: Do you look back and wish you were more aggressive?
Replies: 64
Views: 4498

Re: Do you look back and wish you were more aggressive?

I am 52 and my portfolio is 65 stock 35 bond. What makes me perhaps a little unusual is that I have had a similar split (with at least 30% bonds) for at least 15 years - dating back to my 30s. It has always been a conscious decision on my part to have a conservative portfolio and this certainly did...
by B. Wellington
Fri Feb 15, 2019 6:36 am
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1027

Re: Fidelity/American Funds Portfolio - Help Appreciated

FWIW....We hold American Balanced Fund in our 401(K)'s No Vanguard funds available at this time. As you might notice, I like the idea of one fund and done for simplicity. (Also American Balanced does hold a small % in international.) Yes, I could slice and dice more but I don't worry too much about ...
by B. Wellington
Wed Jan 23, 2019 7:55 am
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3811

Re: Your Retirement W/D method and why?

To be honest, I just got tired of reading endless circular debates on every aspect of investing, personal finance, and microeconomics. I thought, "all these people talking past each other, does any of it really matter?" Everything I read outside these fields demonstrated that it did not. I also got...
by B. Wellington
Thu Jan 17, 2019 7:45 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50839

Re: John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89

He could’a been a billionaire. Instead he made hundreds of thousands of us investors millionaires. This ^ Plus a great quote from Morgan Housel on twitter: John Bogle built a nonprofit business with $5 trillion under management. What would have been profit effectively went to retirees. He's the big...
by B. Wellington
Wed Nov 21, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2499

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: Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6977

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: 2724

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: 2091

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: 9281

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: Personal Investments
Topic: How do you prepare for and start withdrawal stage....
Replies: 4
Views: 828

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: 74
Views: 13385

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: 11493

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: 10093

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: 846

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: 4300

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: Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 3092

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: 902
Views: 86738

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: 3716

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: Personal Investments
Topic: Nearing retirement - portfolio suggestions
Replies: 8
Views: 1035

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: 2016

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: 2016

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: 2310

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: 1237

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: 91
Views: 7534

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: 128
Views: 13482

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: 11416

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: 27254

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: 27254

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: 14235

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: Personal Investments
Topic: Need advice for 66 year old new investor
Replies: 4
Views: 671

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: Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 10356

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: Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 10356

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: Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11826

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: Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11826

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: 4164

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...