Search found 2234 matches

by Dulocracy
Sat Jul 01, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb - Retirement Savings Multiples Question
Replies: 16
Views: 2173

Re: Rules of Thumb - Retirement Savings Multiples Question

What I have heard on this board is that one should be saving 15 percent of one's gross income for retirement.
by Dulocracy
Tue Mar 07, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan
Replies: 37
Views: 4449

Re: Traveling to Japan

m This is a must in Kyoto. Not just for the meiko geisha dance, but the court music and other cultural performance art a foreigner has little opportunity to see. This was the highlight of our stay in Kyoto. Ninja is a fun restaurant in Tokyo. Don't be afraid of hole in the wall noodle shops. Ask whe...
by Dulocracy
Sat Feb 04, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: ABLE Account - no longer disabled?
Replies: 2
Views: 490

Re: ABLE Account - no longer disabled?

Thanks! Please do let me know if you find out if disability similarly takes back money, but from what you found, I am very concerned for her that it may similarly cause a problem. I cannot find anything directly relating to it.
by Dulocracy
Thu Feb 02, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: ABLE Account - no longer disabled?
Replies: 2
Views: 490

ABLE Account - no longer disabled?

I have a dear friend that has a diagnosis for PTSD for some serious trauma. She is eligible for an ABLE account, however, I want to make sure it is appropriate for her. She is in counseling to overcome her disability. If that happens, would that mean that distributions are no longer qualified? Is it...
by Dulocracy
Tue Dec 27, 2016 1:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900050

Re: What Movie Have You Recently Watched?

It's A Wonderful Life , with Jimmy Stewart and Donna Reed. I watched this with my wife, 3 of our children and 2 of our grandchildren on Christmas Eve. This was Stewart's first picture after service in U.S. Army Air Corps in Europe in World War Two, flying B24 bombers. My favorite Christmas movie. W...
by Dulocracy
Tue Dec 27, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can I help settle my father in law's estate without an attorney?
Replies: 44
Views: 3795

Re: Can I help settle my father in law's estate without an attorney?

It is (in most states) a criminal act for someone to handle the legal work of another without a license to practice law. Counselor, this is a new one to me and I've been licensed to practice law for 53 years. Assisting another with legal matters without holding oneself out as a lawyer and without c...
by Dulocracy
Tue Dec 27, 2016 12:23 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 13601

Re: At what age, income, and NW would you buy a $50k car?

There's a lot of folks here who would never buy a new car, let alone one for $50k. It's a depreciating asset. But for those that would consider it, under what financial conditions would you do it? Hypothetically, if you were 35, had household income of $400k, and $2M NW, would you drop $50k on a ca...
by Dulocracy
Tue Dec 27, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $30K or pay down mortgage?
Replies: 10
Views: 1954

Re: Invest $30K or pay down mortgage?

I do hate debt! Don't we all? I hate debt, but I like money. You have a good rate on the mortgage. Realize that paying down the mortgage is the same on a balance sheet as purchasing bonds (although at a higher rate than bond funds will offer right now). In your shoes, I would keep paying towards th...
by Dulocracy
Tue Dec 27, 2016 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3096

Re: Help me understand if/why I should buy bonds in this environment

With a 30 year window and 12% bonds, why add more bonds? I wouldn't. Vanguards Target 2045 fund for 29 years out is at 11.5% cash and bonds added together.
by Dulocracy
Tue Dec 27, 2016 11:49 am
Forum: Personal Consumer Issues
Topic: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)
Replies: 30
Views: 5319

Re: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)

I have a quaint cabin with a tin roof in the middle of nowhere Georgia that I am selling (Edit: I have a purchaser, this is not an ad for the property). The purchaser is paying something like $240 a month for the 20 year mortgage (owner financed at 6% interest). 2br, 2bath. Regional medical center h...
by Dulocracy
Tue Dec 27, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Can I help settle my father in law's estate without an attorney?
Replies: 44
Views: 3795

Re: Can I help settle my father in law's estate without an attorney?

OP: If the attorney is asking for a percentage, he is likely handling ALL of the affairs of the estate: managing it. Think of it as an AUM fee. This you should be able to do on your own. It is (in most states) a criminal act for someone to handle the legal work of another without a license to practi...
by Dulocracy
Tue Dec 27, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Accidental Rental - Sell or "One more year"
Replies: 16
Views: 1829

Re: Accidental Rental - Sell or "One more year"

You have negative cash flow that is barely more than the amount of principal reduction. You have had one expense that ate up four month's worth of profit if you consider principal reduction after negative cash flow profit. Costs on rental properties tend to INCREASE over time. Someone covered the pa...
by Dulocracy
Tue Dec 27, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Bogleheads and stocks picking
Replies: 26
Views: 2647

Re: Bogleheads and stocks picking

I made out like a bandit on Bank of America. I bought lower in the market than Warren Buffet (although my stock was not preferred). I did so after a lot of research on Moynihan, the president. I did a little better than the market on a few others. I did horribly on a pharmaceutical company and a sol...
by Dulocracy
Tue Dec 27, 2016 10:50 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 14901

Re: I'll never save a 20% down payment. Rent for life?

OP: I got 100% financing with the closing costs tacked on to the mortgage (so over 100% financing). I had a 6.5% interest rate for the first mortgage and a 9.5% rate for the second. I bought at the top of the market, and prices dropped. Pretty bad, huh? I am 8 years in, and doing the math (including...
by Dulocracy
Tue Dec 27, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: What is a "standard" Small Cap tilt portfolio
Replies: 46
Views: 7290

Re: What is a "standard" Small Cap tilt portfolio

OP: There is no "standard". Da-da-daaa-dummmmm. (Scary music, as people on this site debate things like tilt to extremes). As you delve more into tilt, you will find that not only is there not a standard upon which all agree, but there are different tilts. For example, the 25 LV, 25 LB, 25...
by Dulocracy
Thu Dec 22, 2016 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Asset Allocation Help
Replies: 4
Views: 529

Re: Portfolio Asset Allocation Help

That is a sensible allocation with a reasonable tilt. I will note that you do not give us the expense ratios, however. The small advantage offered by a tilt often does not outweigh a large expense ratio, meaning that your overall allocation may be unreasonable if the expenses are too high. In that ...
by Dulocracy
Thu Dec 22, 2016 1:39 pm
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 6448

Re: What are the REAL reasons to avoid international?

Currency risk is the only real issue, in my opinion. Sure, expense ratios are slightly higher in international, but only slightly. The tax drag really is small. Diversification benefits are actually pretty good. 0.8 Developed is not bad diversification. Of course, with 25% of my international in Eme...
by Dulocracy
Thu Dec 22, 2016 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 4589

Re: Pre-pay mortgage vs Taxable?

Do you count the principal part of the original payment as part of the negative bond strategy? To be clear, you ONLY count any extra payments to principal. You DO NOT include your regular payment (the interest or the principal), as that would be paid without this strategy or you lose your house.
by Dulocracy
Thu Dec 22, 2016 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 4589

Re: Pre-pay mortgage vs Taxable?

Have you considered a reverse-bond strategy using the mortgage? (Treating mortgage paydown as a bond purchase - read for details of how this works, as there is an important component without which you are shooting yourself in the foot). Once your tax advantaged locations are filled, consider the int...
by Dulocracy
Thu Dec 22, 2016 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ne er-do-wells coming out of woodwork
Replies: 32
Views: 7405

Re: Ne er-do-wells coming out of woodwork

There have been several suggestions about what to do with the estate or the elder in question. Another idea that may help: If the activity seems intentional on the part of the ne'er do wells... Hire an attorney to draft a letter to the individual(s), explaining what protections there are under state...
by Dulocracy
Thu Dec 22, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: [Deleted]
Replies: 16
Views: 2062

Re: What to do with $10k bonus

Absolutely max the Roth, then put the remainder towards the auto loan.
by Dulocracy
Thu Dec 22, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1880

Re: Can I volunteer while on sick leave?

Soon2BXProgrammer wrote:ASK HR.


Remember, your sick leave provider is an independent insurance company that does not care how much your company likes you. If they can stop paying, they will.

Is there a hybrid option? Partial sick leave/partial work? That could make everyone happy.

HR has your answers.
by Dulocracy
Thu Dec 22, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Asset Allocation Help
Replies: 4
Views: 529

Re: Portfolio Asset Allocation Help

That is a sensible allocation with a reasonable tilt. I will note that you do not give us the expense ratios, however. The small advantage offered by a tilt often does not outweigh a large expense ratio, meaning that your overall allocation may be unreasonable if the expenses are too high. In that c...
by Dulocracy
Thu Dec 22, 2016 10:37 am
Forum: Investing - Help with Personal Investments
Topic: how important is to have bonds on Brokerage account?
Replies: 5
Views: 1263

Re: how important is to have bonds on Brokerage account?

You will have to decide if you want muni bonds or to increase your bond holdings in tax advantaged accounts. If you do decide to go with bonds in taxable, however, of the three, I think your clear choice is the Vanguard California Intermediate-Term Tax Exempt Fund. You have the added benefit of not ...
by Dulocracy
Thu Dec 22, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Planning for my mom's retirement from scratch
Replies: 5
Views: 1021

Re: Planning for my mom's retirement from scratch

In an almost impossible situation, I do not see your plan as wrong. There is not much that you will likely get in response, as there is not much that CAN be done here. I will add that giving up a job, no matter what "work stress" is going on is a very bad idea in her situation. Honestly, s...
by Dulocracy
Thu Dec 22, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900050

Re: What Movie Have You Recently Watched?

Paprika. Really interesting. Really artsy. Animated. If you do not consider yourself to be artsy, don't watch it. If you do, it may be worth the time! I really enjoyed it.
by Dulocracy
Thu Dec 22, 2016 10:15 am
Forum: Personal Finance (Not Investing)
Topic: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance
Replies: 9
Views: 1502

Re: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance

I have no children, am not married, own no houses. As a strong advocate of wills: you do not really need a will under these circumstances. 1) Who do you recommend for an umbrella insurance policy? Your primary insurance agent. Also, make sure you have enough auto insurance. The minimum is not enoug...
by Dulocracy
Thu Dec 22, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How to Go from Buy-and-Holder of Individual Stocks to a Boglehead?
Replies: 28
Views: 1937

Re: How to Go from Buy-and-Holder of Individual Stocks to a Boglehead?

There are two ways of doing this that I have seen that make sense to me, both promoted on this site. Both start with selling the losers. Then, either: 1) Use the tax loss harvesting to sell the highest winners. These are the stocks that won, so sell and hold the middle. 2) Use the tax loss harvestin...
by Dulocracy
Thu Dec 22, 2016 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts about Roth IRA investment options?
Replies: 3
Views: 323

Re: Thoughts about Roth IRA investment options?

Also, to get more thoughtful answers to your question, try using this format:

viewtopic.php?t=6212

It gives us more information to work with, and we are more likely to give you advice that works for your situation.
by Dulocracy
Thu Dec 22, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 19965

Re: frustrating to keep investing in international/EM

Good post and all good value points. As for me, I have gone 20 years without it and at this point would not feel comfortable adding it. The best portfolio is one that enables me to sleep at night and my 65/35 stock/bond AA (all U.S.) enables me to do that. It took me to long to find my sweet spot. ...
by Dulocracy
Thu Dec 22, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts about Roth IRA investment options?
Replies: 3
Views: 323

Re: Thoughts about Roth IRA investment options?

Not to be overly simplistic, but what is her desired asset allocation? Has she already established her desired asset allocation? If so, she should always invest in that allocation, no matter what current valuations are, future prices may be, or future policy might or might not be. If she is 80/20 st...
by Dulocracy
Wed Dec 21, 2016 11:35 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 19965

Re: frustrating to keep investing in international/EM

I'll start you off with this article. m Good Luck. Interesting. In that article, the question/answer posed about international/US and current US valuations is this: "OK, but U.S. stocks have more than doubled since their low in March of 2009. So what about valuation? Shouldn’t we be less enthu...
by Dulocracy
Tue Dec 20, 2016 6:52 pm
Forum: Investing - Theory, News & General
Topic: DFA on Managing Expectations
Replies: 8
Views: 2340

Re: DFA on Managing Expectations

Thank you for the links!
by Dulocracy
Tue Dec 20, 2016 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing strategy.
Replies: 31
Views: 3138

Re: Help with investing strategy.

I have been doing my own investing for a few years now with very little success. I have tried day trading and value investing ... Herein lies the problem. Value investing only works over DECADES. You will see years of underperformance between booms. That addage of "buy low, sell high? Years of...
by Dulocracy
Tue Dec 20, 2016 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being too conservative at 65/35?
Replies: 37
Views: 6936

Re: Am I being too conservative at 65/35?

OP, we use age -15 based on the youngest of the two of us. When we match your ages, we would be at 32% bonds.
by Dulocracy
Tue Dec 20, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Low Returns
Replies: 49
Views: 4972

Re: Expected Future Low Returns

OP: Maximize your tax advantaged savings. Even with low returns, the tax advantages of growth without the tax drag makes tax-advantaged savings worth it. If you are looking at hedging your bets, there are two ways to go. 1) Get a side job and invest 100% of the money from it (drastically increasing ...
by Dulocracy
Tue Dec 20, 2016 6:03 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Investors- Do you belong to a local Real Estate Investors Club?
Replies: 3
Views: 582

Re: Real Estate Investors- Do you belong to a local Real Estate Investors Club?

There are two types of "investing clubs". One is like going to a mini party where people make contacts (or fish for business) and that is it. Usually, these are cheap or free (sponsored by someone that wants your business). The other is a in investment club wherein investors pool their mon...
by Dulocracy
Tue Dec 20, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: Stand-in for ex-US REITs in portfolio visualizer?
Replies: 2
Views: 345

Re: Stand-in for ex-US REITs in portfolio visualizer?

What do you think the best proxy is for international REITs in portfolio visualizer? US REITs? Ex-us small cap? Check them out in morningstar. Ex-us small cap is much closer than US REIT. US REIT would make you think you have been making much more money than is realistic in recent times. While not ...
by Dulocracy
Tue Dec 20, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: Bonds Can Be More Dangerous Than Stocks??
Replies: 31
Views: 4176

Re: Bonds Can Be More Dangerous Than Stocks??

Is the hate for bonds because of the current bull stock market? But over the last 10 yrs as a boglehead, and hopefully many more decades to come, I also wonder why I hold more than 10% bonds? Given my long time frame and high risk tolerance, why am I holding 25-30% in bomds? The hate could also be ...
by Dulocracy
Tue Dec 20, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Financial Page: major revision to the Simba backtesting spreadsheet
Replies: 8
Views: 1030

Re: Financial Page: major revision to the Simba backtesting spreadsheet

siamond wrote:[i]As an attempt to gain more exposure so that I can get more feedback before finalizing the updates, let me open a separate thread about this blog entry that I wrote a few days ago on the Bogleheads fledgling blog.


I did not know that the bogleheads website had a blog, fledgling or not!
by Dulocracy
Tue Dec 20, 2016 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 3424

Re: International Index Funds

I started with a 60/40 split between US and International. My understanding is that fiddling with things is worse than having the wrong asset allocation, so I have been staying the course. However, if I was starting out today, I would choose a 50/50 US/International split.
by Dulocracy
Tue Dec 20, 2016 4:45 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 17200

Re: How old is your vehicle?

My vehicle is a 2009 Volkswagen Jetta with a few dings. Trunk is broken in that it slams shut (whatever hydraulic mechanism helps it open is no longer working). The doors do not lock unless you use a special combination. (Unlock, unlock, lock, turn key. Why that combo? The back driver's side door no...
by Dulocracy
Tue Dec 20, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Debt payoff: prioritizing cash flow vs. interest rate?
Replies: 17
Views: 1889

Re: Debt payoff: prioritizing cash flow vs. interest rate?

OP: YOU HIT THE NAIL ON THE HEAD, but may not have realized it. You mentioned the variable interest rate. It would be naive to think that rate is not going up. Pay down the variable interest student loan first. Paying that off would give you cash flow, but it greatly reduces risk. There is no way th...
by Dulocracy
Tue Dec 20, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan with low interest, keep or pay off early?
Replies: 26
Views: 2949

Re: Student Loan with low interest, keep or pay off early?

Wow, thanks for that post. I have to be honest though, I'm not sure I totally understand. Sorry, I'm still new to all this. So, what I think you're saying is, I should continue to do my best to max out my tax-advantage contributions each year and IF I have additional money to invest, I should pay o...
by Dulocracy
Tue Dec 20, 2016 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance
Replies: 9
Views: 1502

Re: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance

If you don't have assets outside of retirement accounts or accounts with named beneficiaries, you likely do not need a will. The only reason you might need one is to ensure your personal property is distributed in the manner you wish. If you trust the people who would likely inherit your property v...
by Dulocracy
Fri Dec 16, 2016 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: need help with setting up private practice 401k + options
Replies: 6
Views: 758

Re: need help with setting up private practice 401k + options

Are the partners willing to give another 1%? The people that set up our 401k set it up with a 4% safe harbor match. We are free of all testing on what we, individually contribute. We do have a profit share option, but that is based on a set percentage for the employees based on their compensation, s...
by Dulocracy
Fri Dec 16, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: 3 Fund - should it be more diversified?
Replies: 28
Views: 3584

Re: 3 Fund - should it be more diversified?

You could be more diverse, but the question is whether or not that diversity meets your goals. Adding international bonds would be more diversification, however it adds to your bond risk profile without much in the way of additional return. Because of instability in the world, and my confidence in t...
by Dulocracy
Fri Dec 16, 2016 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: [Quitting] Target Date fund
Replies: 18
Views: 3351

Re: [Quitting] Target Date fund

Some general ideas I have picked up on this site: Most people (and most of the experts who write books and post on this site) do not recommend going lower than 25% equities. Most recommend keeping your US/International percentage constant. (If you have a 60/40 split, for example, a 50 equity / 50 bo...
by Dulocracy
Fri Dec 16, 2016 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fund choice in 403B
Replies: 6
Views: 697

Re: Fund choice in 403B

I am thinking of breaking it up like below, any thoughts? I have never chopped up a portfolio before. This is weighted heavier on mids and small than a typical Total US Fund I think. Sticking with the 80/20 and the 70/30 splits: VANGUARD INST INDEX (VINIX) 28.00% (50% of US stock AA) VANG MIDCAP ID...