Search found 608 matches

by rixer
Sun Sep 23, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5373

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I've been retired for 5 years. Besides my LS holdings, I have a three year ladder of cd's for that moment when the market tanks and I don't want to sell any of my LS fund. I haven't used them ever so I can't say for sure when I will. I keep them strictly for a meltdown. My portfolio hasn't done too...
by rixer
Sun Sep 23, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5373

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I've been retired for 5 years. Besides my LS holdings, I have a three year ladder of cd's for that moment when the market tanks and I don't want to sell any of my LS fund. I haven't used them ever so I can't say for sure when I will. I keep them strictly for a meltdown. My portfolio hasn't done too...
by rixer
Fri Sep 21, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5373

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I've been retired for 5 years. Besides my LS holdings, I have a three year ladder of cd's for that moment when the market tanks and I don't want to sell any of my LS fund. I haven't used them ever so I can't say for sure when I will. I keep them strictly for a meltdown. My portfolio hasn't done too ...
by rixer
Tue Sep 11, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7167

Re: Anyone else playing catch-up in their 40's?

I started over from scratch at nearly 40 with no house, no savings, no IRA and bad credit. I worked pretty hard to do it but am now comfortably retired with a paid off home, drawing SS and from portfolio. I wasn't a high income earner either, so it's not too late. Congratulations on knowing what you...
by rixer
Sun Sep 09, 2018 7:17 am
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8132

Re: Scaring the Old Folks

We spend a lot more in retirement than we did when we were working. That's because the last 20 or so years we were so busy paying off the house and other debts as well as funding our retirement, we had little money left to spend. Now we don't have debt except for living expense and we don't contribu...
by rixer
Tue Sep 04, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3758

Re: DIY: Three versus One! Are the Advantages Worth it?

We use Lifestrategy CG. The fee is .12% and seems reasonable enough to me. It's not that it's so time consuming to rebalance but in my case, I have let my emotions dictate what I do rather than stay with the plan. My allocation can become too conservative at times and it's cost me money. By using a ...
by rixer
Mon Aug 20, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3713

Re: Retirees: Timing your withdrawals

We take it once at the beginning of the year and that's what we have to live on.
by rixer
Fri Aug 10, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5418

Re: Old dog needs to learn to manage his investments

I'm a little surprised that you folks seem to be leaning toward the Lifestrategy fund rather than the Three or Four Fund Portfolio? After so many years of having a dozen mutual funds putting it all in one fund seems a little, all eggs in one basket to me. Even though the single funds risk is spread...
by rixer
Fri Aug 10, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5418

Re: Old dog needs to learn to manage his investments

A single, balanced, Vanguard Lifestrategy fund would likely put you in a decent place to be without much to fuss about. Then you can concentrate on what your business does so well.
by rixer
Mon Jul 30, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6654

Re: Retirees: how much cash?

I've been retired a little over 5 years now. I have a three year cd ladder of minimum expenses less SS that I continue to roll over. I've never touched it so far. The rest is just in a balanced index fund.
by rixer
Sun Jul 22, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Furniture sliders
Replies: 17
Views: 1234

Re: Furniture sliders

Get some carpet and cut small pieces to place upside down so the carpet nap is facing the floor and the furniture leg is sitting on top. The furniture will slide easily without damaging your floor. :wink: I did this when we put a bed in the den for DW's mom when she was with us in hospice. Worked g...
by rixer
Sun Jul 22, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Rain shower
Replies: 25
Views: 2660

Re: Rain shower

The rain shower wastes way too much water from what I've seen.
by rixer
Sun Jul 22, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Furniture sliders
Replies: 17
Views: 1234

Re: Furniture sliders

Get some carpet and cut small pieces to place upside down so the carpet nap is facing the floor and the furniture leg is sitting on top. The furniture will slide easily without damaging your floor. :wink:
by rixer
Wed Jul 18, 2018 7:22 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7582

Re: How do you handle the urge to DO something?

Invest in a balanced fund and forget it.
by rixer
Mon Jul 16, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3420

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: 2519

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: 4910

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: 5420

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: 1863

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: 3557

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: 5553

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: 99
Views: 7587

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: 1135

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: 91
Views: 10955

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: 345
Views: 34842

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: 4579

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: 91
Views: 10955

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: 1051

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: 9240

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: 4288

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: 787

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: 1886

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: 4011

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: 2820
Views: 561799

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: 2788

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: 112
Views: 18574

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: 3440

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: 4680

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: 3700

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: 488

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: 3492

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: 450

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: 8925

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: 1774

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: 6988

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: 765

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: 2533

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: 5787

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: 2416

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...