Search found 1431 matches

by scone
Thu May 24, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 51
Views: 3334

Re: I've never budgeted sucessfully

I don't budget and never have. My husband and I saved money up front, "paying ourselves first," and lived on the rest. Over time, we increased the percentage of money going into savings, and kept spending modest. It's been easy to save that way, since there's not much work involved, and little "life...
by scone
Wed May 02, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 10064

Re: Have you quit eating sugar? Tell me how!

This is maybe not what you want to hear, but the only thing that has ever worked for me is the ketogenic diet. It controls my blood sugar and insulin swings very well, which means no cravings at all. I keep my protein under control, due to an issue with gluconeogenesis (google), and keep my net carb...
by scone
Sat Apr 28, 2018 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Newly widowed and waay out of my league
Replies: 41
Views: 5245

Re: Newly widowed and waay out of my league

I am sorry for your loss. As a recent widow myself, I can relate some of my experience, FWIW. First off, unless you are desperate for cash, don't do anything that's not necessary until the "mush for brains" shock has worn off. For me, that took months, and I'm not completely over it after more than ...
by scone
Tue Apr 17, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 59
Views: 7022

Re: Cash instead of bonds?

Make sure you look at the ER in money market funds, some are surprisingly expensive. Personally I would only use a Treasury money market fund, or a bank CD, for short term "safe money."
by scone
Tue Apr 17, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Exclude Emerging Markets
Replies: 30
Views: 3248

Re: Larry Swedroe: Don’t Exclude Emerging Markets

I believe I have read in the past that International Small Value May be an even better diversifier than EM because ISV is more dependent on each local economy. Agreed but how can you buy it? Morningstar Premium fund Screener criteria: (Fund Category = Foreign Small/Mid Value) and (Morningstar Ratin...
by scone
Tue Apr 17, 2018 5:27 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8762

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Yes, I'd be fine with this withdrawal rate. It's not far from what I am doing. You do need to think about inflation and real returns over the very long run, however.
by scone
Wed Apr 11, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12123

Re: What is your AA, given your age? and, Why?

30% stock, 55% intermediate Treasury bonds, 15% cash. Stock allocation divided evenly: large, small, domestic, international. Age 61, retired, about 46x income at current burn rate. Home paid off, no debt, taking widow's SS benefit. For me, about 20% - 30% stock is the least stressful allocation (ev...
by scone
Wed Apr 11, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38056

Re: Name something you bought that wasn't cheap and glad you did

Pilot 743 Falcon fountain pen. Amazing for drawing and writing.
by scone
Tue Apr 10, 2018 6:59 am
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 8451

Re: Why not annuitize most of portfolio?

You could create your own "homemade" annuity with the liability matching portfolio using TIPS, which eliminates the risk of the insurance company going bankrupt. Lots of threads on that.
by scone
Mon Apr 09, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8845

Re: Regrets of the frugal and dying?

Almost all my family has passed, and some of my husband's family, and I've been close to the edge myself. My observation is that most people close to death are too ill to regret anything, they are often in and out of consciousness, in a fever, or drugged. Some people die quickly, say of a heart atta...
by scone
Fri Apr 06, 2018 6:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

Earlier in thread people were commenting how this was a "rabbit" market. I'm wondering if there are high volume short term traders/quants profiting hugely from these ups and downs. (And if they're profiting based on the multiple bunny hops, are we in the buy/hold camp somehow on the unhappy side of...
by scone
Thu Apr 05, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Bill Bernstein, new podcast
Replies: 56
Views: 6114

Bill Bernstein, new podcast

Hi folks, hope this has not been posted already, it's a new podcast with transcript, and mentions other podcasts:

https://www.newretirement.com/retiremen ... etirement/
by scone
Wed Apr 04, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 172
Views: 15871

Re: 30 yr tips auction 2/15: 1.0% yield?

Sounds like that line “the only perfect hedge is in a Japanese garden.” I wonder, did the Treasury folks foresee the use of TIPS to build a LMP, or did they think of it simply as a tool to get an idea of inflation expectations? Are TIPS doing something they were not designed to do? (Which doesn’t im...
by scone
Wed Apr 04, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

We had a fairly vigorous bunny market in 2015-2016, and somehow managed to survive. 8-)
by scone
Wed Apr 04, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 172
Views: 15871

Re: 30 yr tips auction 2/15: 1.0% yield?

Forgive me if this is a stupid question, or if it’s a non-stupid question that’s been answered. But what happens to the LMP if the Treasury stops issuing TIPS? What’s the backup plan? All the more reason to buy them now! :) But in all seriousness I would recommend building your ladder evenly over t...
by scone
Tue Apr 03, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Replacing a deck
Replies: 14
Views: 2014

Re: Replacing a deck

I wouldn’t feel good about using the deck unless I knew it was safe. I’d get it fixed, or tear it out and put in a patio.
by scone
Tue Apr 03, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 172
Views: 15871

Re: 30 yr tips auction 2/15: 1.0% yield?

Forgive me if this is a stupid question, or if it’s a non-stupid question that’s been answered. But what happens to the LMP if the Treasury stops issuing TIPS? What’s the backup plan?
by scone
Tue Apr 03, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Alternative Approach To Alts
Replies: 22
Views: 2989

Re: Larry Swedroe: Alternative Approach To Alts

How would the tax efficient fund be reported at tax time? Does TurboTax know how to handle it?
by scone
Fri Mar 30, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 37
Views: 2910

Re: Treasury Floating Rate Note-Has its Time Arrived?

I've got a fairly large sum to invest in taxable, and because my state taxes dividends and interest, I'm looking at some form of short term Treasuries. I'm comparing floating rate ETFs to something like FSBAX, which has a longer duration. I'll be living on this money for the next ten years, and I re...
by scone
Fri Mar 30, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Is backtesting worthless? Are there ANY insights you can get from it?
Replies: 69
Views: 4704

Re: Is backtesting worthless? Are there ANY insights you can get from it?

I feel I've learned a great deal from backtesting, especially comparing the various asset types. Not just the obvious lessons that bonds and stocks behave very differently, but something about how these assets behave in combination with each other. Years ago, I read some of Bill Bernstein's work, wh...
by scone
Thu Mar 29, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 37
Views: 2910

Re: Treasury Floating Rate Note-Has its Time Arrived?

There’s TFLO, but it’s not that big.
by scone
Thu Mar 29, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

I could be wrong, but I think the bond market closes early today. But I don’t get why everything seems to be up— maybe the dollar?
by scone
Thu Mar 29, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

It’s Maundy Thursday... one minute to close, thundering herds of bonds coming into the home stretch... Everything is up? What?
by scone
Wed Mar 28, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice on implementing Paul Merriman's ultimate-buy-and-hold strategy
Replies: 16
Views: 2215

Re: Seeking advice on implementing Paul Merriman's ultimate-buy-and-hold strategy

The four fund portfolio is likely good enough, particularly if your wife has no interest in managing it should you die or be incapacitated. It might also “survive” better if either of you have job switches and roll over into a new plan. This is also true if one of you dies. I’m an example. Last year...
by scone
Wed Mar 28, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9594

Re: How Do You Value Your Home for Net Worth Purposes?

I look at the sold comparables on my local MLS, using the two towns in my school district, going back only about six months. The MLS software lets me select for house size, lot size, number of bedrooms, baths, garage bays, etc. This usually cuts the number of houses down to a handful, and gives me a...
by scone
Wed Mar 28, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

O.K. folks, that's the last of my cash allocated (rolled over a 401k into an IRA). It's FUSVX, so I won't know the price until the close. Such a thrill ride. :beer
by scone
Wed Mar 28, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 17847

Re: Are we missing recession /bear market beginning

Last year we had very low volatility, this year, we have more. That's just the way it goes, although you can certainly find plenty of plausible sounding narratives that purport to explain it. But as the man said, "nobody knows nuthin'." In any case, to paraphrase upthread, volatility <> bear market ...
by scone
Wed Mar 28, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: How does your retirement spending compare to pre-retirement spending?
Replies: 48
Views: 6553

Re: Retirees: How does your retirement spending compare to pre-retirement spending?

I spend about the same as I did pre-retirement, but the categories have changed a lot, and some of that I did not predict beforehand. When I was your age I has an idea how life would go, but the reality is completely unlike the plan. We like to think we have control over our destiny, but there's a l...
by scone
Tue Mar 27, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

Sometimes it's a rollercoaster of love, cue the Peppers. Here's a good take on the recent weirdness from a market stats guy who knows a thing or two: http://theirrelevantinvestor.com/2018/0 ... his-sucks/
by scone
Mon Mar 26, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest extra 50K when invested in an already diversified portfolio
Replies: 29
Views: 2689

Re: How to invest extra 50K when invested in an already diversified portfolio

Possibilities that haven't been mentioned: domestic and international REIT funds, or TIPS funds. There are commodity funds and alternative funds, but that's a little more controversial at Bogleheads. I would definitely stuff money into a ROTH, and I'd get out of individual stocks, myself.
by scone
Mon Mar 26, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about capitulating on house
Replies: 34
Views: 4082

Re: Thinking about capitulating on house

How about getting a roommate or two? The additional social contact might be fun in itself, and you'll recover some costs.
by scone
Mon Mar 26, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance Fidelity Portfolio?
Replies: 10
Views: 922

Re: Should I rebalance Fidelity Portfolio?

IIWY I would rebalance out of the active funds into the passive funds, simply to save the money. Given the amount you have, that could be in the thousands. Also, you are likely duplicating a lot of exposure with this group of funds-- you might not be getting any extra diversification by owning them....
by scone
Mon Mar 26, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Any hand written letter services out there that write and mail on your behalf?
Replies: 25
Views: 2419

Re: Any hand written letter services out there that write and mail on your behalf?

I am finding in this day and age that a personal hand written letter goes much further than emails...especially when corresponding with banks, hospitals, warranty claims, shopping quotes, etc. I think twice about giving out personal and confidential information to a third party; I try to keep that ...
by scone
Thu Mar 22, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

I only thought about buying today and see what happens. :oops:
by scone
Fri Mar 09, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: How can I provide rental references as a longtime homeowner?
Replies: 17
Views: 1834

Re: How can I provide rental references as a longtime homeowner?

I have had this problem big time, but then again the rental market where I live is very tight. Some landlords, especially in corporate owned complexes, have an explicit policy of requiring jobs for all tenants, and the rental agent has no power to deviate from that. Other landlords are concerned tha...
by scone
Fri Mar 09, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Lazy Portfolio Examples (old Kiplinger articles)
Replies: 5
Views: 702

Re: Lazy Portfolio Examples (old Kiplinger articles)

Here are some more lazy portfolios, collected by one of the Boglehead friends:

https://obliviousinvestor.com/8-lazy-etf-portfolios/
by scone
Fri Mar 09, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 10772

Re: Ok fellow bogleheads, was the correction scary or nothing?

Seeing some volatility in the market made me feel like things were getting back to normal. Last year's extreme quiet was kind of weird.
by scone
Fri Mar 09, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Is this too much for a kitchen?
Replies: 69
Views: 6757

Re: Is this too much for a kitchen?

You basically have two projects here: (1) structural changes to the house, and (2) change out of all kitchen components. It's not just a basic kitchen re-do, and that's why the price is higher. You've got a new "header" which might be an engineered beam, some brickwork, and new plumbing, including a...
by scone
Fri Mar 02, 2018 4:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

The cool thing about the recent dippiness is stock and bonds both falling. I’ve been buying both, so I feel like I placed my bet both ways. Unusual. 8-)
by scone
Fri Mar 02, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Bond ETF vs Treas
Replies: 23
Views: 2069

Re: Bond ETF vs Treas

If you need the money within a couple of years, and can’t stand fluctuation, then a CD is the simplest thing. If you can stand a little fluctuation, and if your state taxes dividends and interest, then you could use short duration Treasuries or maybe a 1 - 3 year duration Treasury bond fund. If you’...
by scone
Thu Mar 01, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

I bought yesterday, so naturally the market is down today. Sorry guys, I’ll try not to do it again. :twisted:
by scone
Wed Feb 28, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 14591

Re: How much cash do you keep at any time on checking?

About two months of expenses. I probably don't need to, but all my bills are on autopay, and some, like propane, can vary from month to month. So having a little extra makes me feel more secure. It's just a psychological luxury.
by scone
Wed Feb 28, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 34464

Re: What if you only live off dividends?

tibbitts wrote:
Sun Feb 25, 2018 4:10 pm
I think we can summarize this thread by saying that you're likely to be okay with a 2% withdrawal rate, no matter where the 2% comes from.
Yep, that's exactly what I mean upthread. You put it much better than I did! :beer
by scone
Wed Feb 28, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405845

Re: U.S. stocks in freefall

This is good. Good to see that forum members are doing fine, did not sell during the dark days, and are maintaining proper course and speed. My signature applies. Gracias por leer ~cfs~ Yep. I had a big wad of cash come in to the 401k (long story) so I've been buying. And since I'm a retiree, buyin...
by scone
Sat Feb 24, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 34464

Re: What if you only live off dividends?

... Just thinking out loud, if I reach the age of RMDs, I may have to sell stocks and/or bonds to make up the minimum, so the decision may be taken out of my hands . Unless interest rates and dividends rise a lot, or RMDs are lowered, I suppose? OTOH if I can get to minimum RMDs with dividends and ...
by scone
Sat Feb 24, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 60
Views: 5756

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

I am a retired widow, with no living close relatives, and I don't want to burden my friends with my care. So I have a will, trust, POA, medical POA, and Advance Directives. I've hired a professional guardian to make the "pull the plug" decision when I am at the end of life. I've arranged to hire he...
by scone
Sat Feb 24, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 60
Views: 5756

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

I am a retired widow, with no living close relatives, and I don't want to burden my friends with my care. So I have a will, trust, POA, medical POA, and Advance Directives. I've hired a professional guardian to make the "pull the plug" decision when I am at the end of life. I've arranged to hire hel...
by scone
Sat Feb 24, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 34464

Re: What if you only live off dividends?

In theory, I could live off the interest payments from longer Treasury bonds alone, but as a practical matter, I choose not to do that because most of my money is in tax deferred, and I don't need to touch it until RMDs. So the money I am currently using is cash in taxable. I'm not sure if that's co...