Search found 593 matches

by rixer
Mon Jul 16, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 38
Views: 1990

Re: Balanced Funds and Sequence of Return Risk

Doesn't Mr. Bogel say "stay the course, stay the course, stay the course"? I have a Lifestrategy fund and 3 yrs expenses (minus SS) in necessary expenses tucked away in a cd ladder in case of a downturn. When things go south, emotional decisions are made with regards to rebalancing. I'm guilty of th...
by rixer
Mon Jul 16, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?
Replies: 45
Views: 1984

Re: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?

I think you're a great candidate for a balanced fund. It takes all the emotional anxiety out of the equation. Fund it and forget it.
by rixer
Wed Jul 11, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4459

Re: 30 Year vs 15 Year Mortgage

I was self employed and my income was always variable. The winter months, things were lean. I preferred the 30 year mortgage because it gave me breathing room if business was slow. I did pay it off much earlier with extra payments and saved a lot of money, not to mention the benefit of having a paid...
by rixer
Wed Jul 11, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: [Considering the Vanguard LifeStrategy Fund]
Replies: 66
Views: 4763

Re: [Considering the Vanguard LifeStrategy Fund]

I'm retired and other than an emergency 3 year CD ladder, I have everything in a Lifestrategy fund. It's globally diversified , it stays balanced and I take what the market gives me. It really helps take any emotional anxiety out of the process.
It works well for me.
by rixer
Mon Jul 09, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1691

Re: Long Cruises

I like 10 day cruises the best. We do 15 days when we go to Hawaii r/t but the last couple of days go by too sloooow.
by rixer
Mon Jul 09, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: What do you pay for home services?
Replies: 55
Views: 3277

Re: What do you pay for home services?

Hockey10 wrote:
Sun Jul 08, 2018 4:04 pm
For the landscaping, find a teenager that lives in your neighborhood. They will be much cheaper than the professional types.
Where do you find a teenager that wants to work?
by rixer
Wed Jul 04, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Anxiety Spending Money
Replies: 52
Views: 5202

Re: Anxiety Spending Money

You might try to pick a certain percentage of your income to devote to savings/investments and another to paying off debt. Every paycheck, take that amount and put it in savings/investments and pay down debt accordingly. Live on what's left at your discreation.
It works. :sharebeer
by rixer
Mon Jul 02, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 94
Views: 6422

Re: What are you learning or studying?

I'm learning lapidary skills. I became a rockhound, joined a club and go on field trips collecting rocks and minerals to work on.
by rixer
Fri Jun 29, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Install different carpet styles/colors in same floor bedrooms?
Replies: 19
Views: 1015

Re: Install different carpet styles/colors in same floor bedrooms?

You mention that you'll be staying in the house for 15-20 years before you sell. The carpet probably won't last that long so you'll be replacing it anyway in all likelihood. Go with what you like. :beer
by rixer
Tue Jun 26, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 9017

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

I'm with Schwab and use Vanguard Lifestrategy in all accounts. Since I'm retired and don't contribute anymore, there was only a one time fee for purchasing and now we only sell as needed with NO fee at all. Works great for us so far. Hello, was there any significant reason why you chose V Lifestrat...
by rixer
Thu Jun 21, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 343
Views: 31663

Re: What is/ was your career and would you recommend it now?

I was a carpet cleaner. I worked hard, lived below my means, paid off the home, invested in my retirement accounts and am now enjoying a comfortable retirement. Would I recommend it? Not unless you enjoy sucking nasty stuff out of carpets to make ends meet.. :shock: But it worked for me. :sharebeer
by rixer
Sat Jun 09, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Rising Interest Rate Strategy
Replies: 35
Views: 4189

Re: Rising Interest Rate Strategy

As a retiree drawing income from the portfolio, I am looking forward to seeing the total bond fund go to up slightly to 4%. I will collect my earnings while things settle out.
by rixer
Mon Jun 04, 2018 2:47 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 9017

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

I'm with Schwab and use Vanguard Lifestrategy in all accounts. Since I'm retired and don't contribute anymore, there was only a one time fee for purchasing and now we only sell as needed with NO fee at all. Works great for us so far.
by rixer
Sat May 12, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with cash remnants in retirement accounts?
Replies: 7
Views: 987

Re: What to do with cash remnants in retirement accounts?

I have a small 3 yr cd ladder that throws off interest in cash. It's not a lot and I simply convert the interest (cash) into the total stock market index fund and roll over the cd.
by rixer
Tue May 08, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 8482

Re: Bucket List Adventures/Activities

I want to travel the west, rockhounding gemstones, minerals and petrified wood.
by rixer
Thu May 03, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Portfolio peepers: what do you do?
Replies: 48
Views: 4140

Re: Portfolio peepers: what do you do?

This could be terribly wrong but I do nothing as I'm invested in a Lifestrategy fund. It remains in balance and I'm trusting it's the best thing for me.
Who knows? Not me but I'm going to ride it out. :beer
by rixer
Sun Apr 08, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: 3-port vs. Vanguard LifeStrategy Funds
Replies: 4
Views: 699

Re: 3-port vs. Vanguard LifeStrategy Funds

The only difference seems to be the International Bond Fund that's included in Lifestrategy and the fact you don't have to rebalance it yourself. I believe Vanguard thinks the diversification can help or at the very least, it won't hurt you.

Except for a separate 3 yr cd ladder, I'm all in.
by rixer
Sat Apr 07, 2018 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Tranquilizing Fear of Dip after Initial Investment
Replies: 23
Views: 1848

Re: Tranquilizing Fear of Dip after Initial Investment

Having the portfolio in a lifestrategy fund (or other balanced funds) takes some of that anxiety away. You don't normally see the major gains and losses from the individual funds inside it, just the overall result. Plus there's nothing to do or rebalance. It's very boring but for me, it solves the a...
by rixer
Sat Apr 07, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 3791

Re: How do you estimate your home's market value?

An estimate from Zillow can be close enough for your own curiosity. If you want a more accurate figure then you would likely want a professional appraisal.
by rixer
Sat Apr 07, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2712
Views: 530566

Re: What's Your Credit Card Rewards Strategy?

My strategy is simple. We shop at Costco first for the things we want and use their reward card. We put everything on it we can. Trips really add up so we use it for cruises, flights, lodging and restaurants. Then once a year we get a nice fat check in the mail for our reward. :beer
by rixer
Sat Apr 07, 2018 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Entire $24,000 SEP IRA in Vanguard Health Care Fund
Replies: 34
Views: 2609

Re: Entire $24,000 SEP IRA in Vanguard Health Care Fund

Energy funds were a no brainer several years ago too..
Look how that's turned out.
by rixer
Fri Apr 06, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 78
Views: 11425

Re: Who uses the 3 fund portfolio ?

I kind of wonder the same thing. We hear about simplicity with the 3 fund, balanced and T/D funds and how they will serve you best. But it seems that those who recommend those funds actually have more complicated portfolio's when more info comes out. I have a 3 yr cd ladder of minimum expenses that ...
by rixer
Thu Apr 05, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 3167

Re: Who uses Schwab and what are the up and downsides?

I've been with Schwab for about 20 years. I haven't had one issue with them. Their website is very helpful and user friendly, I learned a lot there when I got started with them. When I've had a question or needed help they were there to help. I don't pay an adviser there but I do have a personal con...
by rixer
Wed Apr 04, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 42
Views: 3853

Re: Cleaning up new house before move in—getting rid of “cat smell”

Before you move in, clean it down completely, then go rent an ozone machine and let it run for a few days while the house is empty. Go over instructions for the ozone machine carefully and keep people from the building while it's running. It adds another oxygen molecule to the air and it becomes lik...
by rixer
Tue Apr 03, 2018 8:09 am
Forum: Investing - Theory, News & General
Topic: financial advisory post-retirement?
Replies: 27
Views: 3329

Re: financial advisory post-retirement?

A balanced fund and a yearly withdrawal for income is pretty simple.
by rixer
Sun Apr 01, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investment options during retirement
Replies: 4
Views: 449

Re: Taxable account investment options during retirement

Having a balanced fund in taxable isn't always bad for a retiree. It depends on his other income, tax rate and how much dividends the fund is paying out. Some retiree's have balanced funds in taxable and pay little or no taxes. Run the numbers first, it may work out okay.
by rixer
Thu Mar 29, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3354

Re: Explain one more time how balance funds work

OP here. I'm not sure if those who currently have a balanced fund of some sort have concluded anything about "rebalancing" their own portfolio vs letting the the fund itself do it. But is it safe to assume that on "average balance" funds at Vanguard (Target, Lifestyle, etc) generally do as well as ...
by rixer
Sun Mar 25, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Help w 71yr mother's investments
Replies: 4
Views: 427

Re: Help w 71yr mother's investments

Don't forget to check out Vanguard Lifestrategy funds like the Income Fund that's 20-80 and the Conservative Growth Fund that's 40-60. They are diversified globally with 4 low cost index funds. She could convert all those different funds in the IRA into one easy balanced fund.

Simplicity. :sharebeer
by rixer
Thu Mar 22, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 8089

Re: What Budget? Do you keep one?

We're retired. The way we budget is to draw out a year's income and that's all we got to live on for the year. So far it's worked out and we're spending less than our draw without trying. (not a whole lot less)
For keeping track of our expenses, we use a google doc that works easily for us.
by rixer
Wed Mar 21, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1722

Re: Spousal Social Security

I'd say go for it if you can, it's a great deal. We went the restricted application route. I was able to collect spousal income while my benefit continued to grow. I finally took my own benefit at 68 and a half. It worked well for us.
by rixer
Mon Mar 19, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Best way to hold cash in retirement accounts??
Replies: 57
Views: 6636

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

I have a three year CD ladder that I've been rolling over for the "just in case" event. It's for the bare minimum expenses needed after SS. I'll re-evaluate the situation if needed but this is the current plan B.
by rixer
Sun Mar 11, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Savings Rate for Self Employed
Replies: 9
Views: 720

Re: Savings Rate for Self Employed

I was self employed with no employees. This isn't a sophisticated system but it's what I did. I would make my deposits once a week. I would add up the total receipts and take 15% for taxes, 25% for retirement and personal savings and deposit in a stand alone savings account set up just for this. I'd...
by rixer
Fri Mar 09, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why (or why not) use an advisor
Replies: 42
Views: 2311

Re: Why (or why not) use an advisor

When you're invested in a low cost balanced index fund, what would be the purpose of paying for advice every year?
by rixer
Fri Mar 09, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5506

Re: Dumped My Advisor, Now What?

I bought VDE.
Investing in energy companies is a no brainer, right? :oops:

I now stick to my Lifestrategy fund. I suck at picking winners.
by rixer
Thu Mar 08, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Anyone get a 'Tuff Shed' ?
Replies: 12
Views: 2246

Re: Anyone get a 'Tuff Shed' ?

I got a Tuff Shed from Home Depot about 17-18 years ago. It was on sale and also had free installation and painting. We took out a HD credit card for the wife and got another 10% off. The installers were from Tuff Shed. I would do it again but it might be a while before I need another one. One thing...
by rixer
Thu Mar 08, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35432

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I don't use a FA. Our portfolio is in a simple Lifestrategy Fund. There is nothing to advise, I hold the fund and decide what to withdraw each year.
by rixer
Wed Mar 07, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for retired couple
Replies: 8
Views: 1298

Re: Suggestions for retired couple

I just want to say that everyone's income and tax rates are different. We're retired and have money in a Lifestrategy fund in taxable. We owed little taxes this year because there still wasn't that much income.
Run the numbers. You might be surprised if you're already retired.
by rixer
Sun Mar 04, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: What is your investment strength?
Replies: 70
Views: 5606

Re: What is your investment strength?

My strength is accepting what I'll get from a balanced fund and not stressing over market conditions as much.
by rixer
Thu Mar 01, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: How to Avoid Selling Depreciated Stocks When Retired
Replies: 48
Views: 2642

Re: How to Avoid Selling Depreciated Stocks When Retired

I'm not advocating anything but this is how I have it planned. I have my portfolio in a Lifestrategy fund. I have 3 years minimum expenses in a CD ladder I keep rolling over just for the purpose of safety in a down market. We have no debt so expenses are low and if need be, we could collect SS and o...
by rixer
Wed Feb 28, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: how to draw down taxable retirement acct...?
Replies: 20
Views: 1703

Re: how to draw down taxable retirement acct...?

I have withdrawn from taxable two years now in retirement. My situation is different than some. I have a LS balanced fund in all accounts. I know that balanced funds aren't as tax efficient but in this case, it was purchased after retirement, isn't a terribly huge amount, I spend the dividends and t...
by rixer
Tue Feb 27, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stock inflows over the past 12 months: $25 billion. Taxable bond inflows: $392 billion
Replies: 18
Views: 3063

Re: U.S. stock inflows over the past 12 months: $25 billion. Taxable bond inflows: $392 billion

I think when a real big drop happens due to recession and things look bleak, you'll see many people bail out of equities. The emotions get strong when you're losing a bundle.
by rixer
Sat Feb 24, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: What vacations or weekend getaways are you taking this summer?
Replies: 24
Views: 1925

Re: What vacations or weekend getaways are you taking this summer?

We will be agate hunting on coastal beaches and going on rockhounding field trips as much as possible this summer.
by rixer
Sat Feb 24, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78088

Re: Netflix, Your Current Favorite Show

My new favorite show on Netflix is a Bravo production called "Imposters". It's about a beautiful scam artist that marries men and women leaving them with nothing after she takes it all. Three of her victims team up to find her but they run out of money because she took it all. They resort to becomin...
by rixer
Thu Feb 22, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 35580

Re: What if you only live off dividends?

It seems the answer to this is fairly obvious. If you live on only dividends, you will subsist on an income that is far below your means and die with a giant sum of money in all but the scenario of total world financial collapse. If that is desirable to you then go ahead. I’ll personally be using a...
by rixer
Wed Feb 21, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Update: Yikes, I waited too long, am I [too late]? 50k to invest
Replies: 53
Views: 5991

Re: Yikes, I waited too long, am I [too late]? 50k to invest

I think a balanced fund would work best for you also. As far as tax efficient goes, it's not always so bad. It depends on your tax rate and how much income it generated. Which may not be that much to worry about. I have a balanced fund in my taxable account and it's been no problem for us as it just...
by rixer
Tue Feb 20, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Creating My Index Portfolio
Replies: 21
Views: 1832

Re: Creating My Index Portfolio

Don't overlook Vanguard Lifestrategy Moderate Growth fund. It's 60-40 and remains in balance. You can make your contributions each month and it will take care of everything else while you concentrate on your business.
by rixer
Mon Feb 19, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 18521

Re: Retirees: The common sense withdrawal method

I've just withdrawn for two years now since being retired. Just to have a starting place we used the 4% rule and this year we did the same with added cola. For us, we like to withdraw a certain amount for the entire year and make do on it. This way, we'll keep a handle on our spending and we'll know...
by rixer
Sun Feb 18, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Retirement investment advice for parent
Replies: 10
Views: 1128

Re: Retirement investment advice for parent

Of those choices, I like the Vanguard Balanced Index Fund.
by rixer
Thu Feb 15, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 9510

Re: How many of you use the "4% rule" during retirement?

I follow the 4% rule.It gave me a reasonable place to start. I'm only on the second year though so the plan is to re-evaluate if things go south. I have room to cut back if necessary but after drawing out for two years income, I have more than I started with so, so far, so good.
by rixer
Tue Feb 13, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 35580

Re: What if you only live off dividends?

If I had to, I could get by on SS and dividends. If I had to. So far I haven't had to, but it's comforting to know I could skate for a few years if need be. And so far, my portfolio has risen even after taking withdrawals. If we experience some losses, we'll re-evaluate but until then 4% still works...