Search found 835 matches

by Cody
Thu Jun 21, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 2901

Does an IPS really need to be 5 pages long to be valuable?

While looking at sample IPS's online I see many are long (5+ pages). My belieif is something that long will not get read and sit in a drawer forever. Or should the be that long to make it valuable. We are actually looking for sample IPS's for my adult daughter to use as a template. Where to look for...
by Cody
Thu Jun 21, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Evaluate me? and appreciated advice taken
Replies: 9
Views: 982

Re: Evaluate me? and appreciated advice taken

You could start with an IPS (Investment Policy Statement.) This statement provides the general investment goals and objectives and describes the strategies that the you will employ to meet these objectives. Specific information on matters such as asset allocation, risk tolerance and liquidity requir...
by Cody
Sun Jun 17, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: What are the new CapitalOne ACH limits
Replies: 1
Views: 434

What are the new CapitalOne ACH limits

Got an email that said: Starting August 1, 2018, you’ll have new ACH external transfer limits.

But nowhere can I find the new limits.

Help if you can.

Best,
Cody
by Cody
Sat Jun 16, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5087

Re: A vehicle that "sits up" but can't afford CRV

I asked he what the price point is and she said with trade tops is about $10,000. So with a trade of $2000 (old CRV) she could get a vehicle around 10-11K after taxes etc. She is looking at 2016 Ford Escape with hail damage at around $9000. Like the feel but not sure of a clear title at this point. ...
by Cody
Sat Jun 16, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Cash question
Replies: 14
Views: 1265

Re: Cash question

Does using some Roth space make any sense? If I go LS40 in all accounts I'd have LS40 in Roths and a little bit of cash there.
No taxes, accessible. But not terribly efficient.
Thoughts on using Roth for cash?
Cody
by Cody
Sat Jun 16, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Cash question
Replies: 14
Views: 1265

Re: Cash question

I assume then it could go as capital gains (I'm in the 12% tax bracket so no cost there after a year).

But I'm trying to simply to LifeStrategy in all funds accross the board (except cash) and wonder if iShares Short-Term National Muni Bond ETF (SUB) isn't as simple as I may want it.

Cody
by Cody
Sat Jun 16, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Cash question
Replies: 14
Views: 1265

Cash question

As I approach retirement (offically anyway) I'm trying to decide where to put 4-5% of my portfolio in cash. You know for my emergency fund for things that might pop up like medical expenses (hopefully not for some time but who knows). Three options: 1. Tax deferred - but then you can't get at it in ...
by Cody
Fri Jun 15, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5087

Re: A vehicle that "sits up" but can afford CRV

Thank you for taking the time to respond.

If there are more ideas I love to hear them.

Thanks,
Cody
by Cody
Fri Jun 15, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5087

A vehicle that "sits up" but can't afford CRV

My daughter is looking to replace an old CRV. She loves the car but can not afford the initial price point to get a lower milage one.

Plus she is only 5 feet tall and wants a vehicle that "sits up" high like a CRV.

Any suggestions of a cheaper than a CRV but still sits up nicely.

Thanks,
Cody
by Cody
Thu Jun 14, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3406

Re: Light Camping Trailer

Most vehicles can pull a camper but the real question is "can your vehicle stop it". That is what we have been told by countless camper people.
Cody
by Cody
Sat Jun 09, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2181

Re: Penfed CD @ 3% - 5 year

Could you give me a quick primer on the process of getting a brokered CD at VG? I know about the not so good idea to early withdraw a brokered CD but is the process complicated?

Thanks,
Cody
by Cody
Sat Jun 09, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: ignorant question about fixed rate home equity loans
Replies: 18
Views: 1213

Re: ignorant question about fixed rate home equity loans

It depends on two things in my option: 1) is it worth the time and effort to go through the process. I got a loan from Penfed and it was lots of stress - mainly becasue they did not keep us informed about which step we were actually in. I was not happy. It saved up maybe .75%. Was it worth it? I wou...
by Cody
Fri Jun 08, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 66
Views: 9007

Re: The Psychology of Money - A Blog Post

That is one great article. Thanks.

Cody
by Cody
Fri Jun 08, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2181

Re: Penfed CD @ 3% - 5 year

I just checked the short term bond index and the 5 year returns were .83%.

Was the Penfed 3% CD of 5 years ago (which we had) the clear winner then with 3% returns.

Not say it will be in the future but in the past......

OP
Cody
by Cody
Thu Jun 07, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2181

Penfed CD @ 3% - 5 year

Is it reasonable to use this CD as a tax deferred storage of cash if you have not specific libility matching (other than the RMD possiblity - cashing in the CD early to pay RMD of market conditions warrant it). But there is not specific libility that I am anticipating for which this money is "schedu...
by Cody
Wed Jun 06, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: F.O.B.O.: Fear of Better Options (NYTimes)
Replies: 4
Views: 1082

Re: F.O.B.O.: Fear of Better Options (NYTimes)

I too tend to work things to death.

"Don't let the quest for the perfect portfolio get in the way of a good one" or something like that (Taylor L?)

Best,
Cody
by Cody
Wed Jun 06, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: F.O.B.O.: Fear of Better Options (NYTimes)
Replies: 4
Views: 1082

F.O.B.O.: Fear of Better Options (NYTimes)

This is an interest (although a bit strendy) article about the eternal quests for better options. https://www.nytimes.com/2018/06/04/smarter-living/how-to-finally-just-make-a-decision.html?emc=edit_nn_20180606&nl=morning-briefing&nlid=8072200920180606&te=1 (Tim Herrera) FOBO, the article states, is ...
by Cody
Mon Jun 04, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1173

Re: Help?

I would suggest, based on your previous asset allocation, that you conside a 40% (stocks) - 60% (bonds) Balanced Fund (either Target Date funds or Lifestrategy moderate growth.) 60-40 maybe more risk than you have been used to. And the transfer to Vanguard is pretty easy. Just call, tell them what y...
by Cody
Sun Jun 03, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 44
Views: 3846

Re: The Difference Between Risk and Uncertainty

If i have one dice - I pick a number - there is a 1/6 chance of getting my number and a 5/6 chance of not getting my number. I know the risk. But if I have a thousand dice - I pick a number - I know the risk. (even though I don't like the odds). So is that a known risk (even though the outcome of su...
by Cody
Wed Apr 25, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3520

Re: How to be a good executor to family

Are there things that the deceased could have done or done better to help out in this process.

Cody
by Cody
Fri Apr 20, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Does this seem an unusually high stock AA for a pension fund?
Replies: 3
Views: 279

Does this seem an unusually high stock AA for a pension fund?

Stocks - 58%
Private market - 20%
Bonds (fixed income) - 20%
Cash - 2%

Does this sound reasonable and "right" for a pension fund AA? (Minnesota Teachers Retirement).

The above are the goal numbers. Actually numbers may very slightly.

Thanks,
Cody
by Cody
Mon Apr 16, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: USBank, unbeknownst to me, blocked my account [How did you fix a frozen bank account?]
Replies: 2
Views: 511

Re: USBank, unbeknownst to me, blocked my account [How did you fix a frozen bank account?]

You are right. Some payments via ACH had been paid this month already and they are fine (even for next months payment). But there were 3 ACH (at Capital One) that were missed but I can simply "manually" do those 3. Medica is doing it manually after a call to them this morning. And and next months au...
by Cody
Sat Apr 14, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: USBank, unbeknownst to me, blocked my account [How did you fix a frozen bank account?]
Replies: 2
Views: 511

USBank, unbeknownst to me, blocked my account [How did you fix a frozen bank account?]

Indeed! After several hours on the phone with the fraud division at USB and a visit to a local branch of USB they have now unblocked the account. It was their fault that account was frozen. So now I have to pick up the pieces, which means work for me (lots of paper work and forms to reconnect ACH's,...
by Cody
Tue Apr 10, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Bill Bernstein, new podcast
Replies: 56
Views: 6302

Re: Bill Bernstein, new podcast

VicotriaF: I had a friend who wrote a book. While handing it out he said "I do not want to be told about any mistakes". He said asked "would you rather have a book with mistakes in it or no book at all." People make mistakes. And, I for one, would rather have that than no mistakes at all. And the on...
by Cody
Tue Apr 10, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 15331

Re: Parents have zero savings. What can I do?

My guess is they are already taking SS? Right?
Cody
by Cody
Tue Apr 03, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Primerica - a formative experience on the way to being a Boglehead
Replies: 8
Views: 1688

Re: Primerica - a formative experience on the way to being a Boglehead

How typical is this story. Is it common practice at many corporations or just a few?

Thanks for the story.

Cody
by Cody
Sat Mar 31, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

Re: Explain one more time how balance funds work

My explaining is subpar for sure - which leads to confusion by the reader. It shows I too am confused. Let say you have two portfolios - 1. A Balanced Fund (BF) of 60-40 and 2. A 3 Fund Portfolio (3FP) of 60-40 which is currently at exactly 60-40 (no rebalncing needed) RMD comes along and you must t...
by Cody
Fri Mar 30, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

Re: Explain one more time how balance funds work

cody, does the issue with balanced funds you are trying to explain pertain to withdrawals when stocks are down, and with a balanced fund you must also withdraw from equity whereas with individual funds you would not withdraw equity? Paul That is correct Paul. In a down equitiy market (with a BF) yo...
by Cody
Thu Mar 29, 2018 9:20 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19277

Re: A lot of heavy hitters this morning

On my lunchtime walk yesterday, I found a dime in the parking lot. When I got home, I showed my wife and told her all about it. It's why we'll be able to retire with 50X spending. :D I had read somewhere that more backs are thrown out pick up coins than any other cause of back issues. So, speaking ...
by Cody
Thu Mar 29, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

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 i...
by Cody
Wed Mar 28, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 143
Views: 23700

Re: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios

Reviving this 2015 post. So this is 2018. And the discussion is still germaine. Would like more 2018 thoughts if you like. Then I tried to find what a Single Premium Annuity would cost today at age 80 with say $200,000 if portfolio money to invest. But got to many offers to buy. Could someone tell m...
by Cody
Tue Mar 27, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

Re: Explain one more time how balance funds work

I am beginning to make sense of this (I think). I have almost no taxable funds (sold them some time back to pay for a Social Security delay until I'm 70 (next year). Also used some of it to pay taxes on large Roth conversions over the last several years. My general conclusion is that balanced funds ...
by Cody
Tue Mar 27, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

Re: Explain one more time how balance funds work

I may not be making myself clear.

Say bonds hold at 0% return and equity drops by 25%.

Normally at RMD you would probably sell bonds.

With balanced funds you have not choice which to sell (which may be part of the beauty of a BF but not as efficient).

Is it a big deal?

Cody
by Cody
Tue Mar 27, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3275

Explain one more time how balance funds work

Suppose you have a balanced fund of some sort with a 60% stock and a 40% bond allocation. And either the stock or bond market drops fairly significantly. Normally you would sell you better performing holding (I know some argue this is not necessarily best). But with this balanced fund you are "force...
by Cody
Mon Mar 19, 2018 3:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 40
Views: 5566

Re: San Antonio Local Chapter Established

Congrats on this project from someone who belongs to the Minnesota Chapter. (MNBH) One of the really cool things that has happened here is that we have two additional "coffee" groups that meet as well. They are adjuncts to the big group. The main group meets 4 times a year and the coffe groups (much...
by Cody
Fri Mar 09, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions now less meaningful?
Replies: 6
Views: 1441

Re: Roth conversions now less meaningful?

rts58: interestingly I put the Roth conversion into a separate Roth account at Vanguard in case I would have to recharacterise (thanks Peter). I just checked it and it has gone up $2500 since the conversion. So I will not be recharacterising. At least not unless it drops substantially.

Cody
by Cody
Wed Mar 07, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions now less meaningful?
Replies: 6
Views: 1441

Roth conversions now less meaningful?

I have had the opportunity to do substantial Roth Conversions in the old 15% tax bracket. Of course I paid the taxes (Federal and State) on those Roths conversions at 15% and 7.5%. So have I been "had" by the system. 1) I could have waited until this year (my last year of conversions for me and woul...
by Cody
Tue Feb 06, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Free standing gas stove vent is hot!
Replies: 7
Views: 871

Free standing gas stove vent is hot!

I'd like your opinion on what you think causes my free standing stove, in the basement, to "invert" the venting.. This means that the hot gas (supposed to vent up the middle of the vent pipe) is venting on the "outerside" of the vent. Thus the vent gets very hot, and is very dangerous. And even smel...
by Cody
Tue Feb 06, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 69
Views: 6591

Re: Washer/Dryer longevity ?

I just tried to replace a sensor on our clothes dryer but the wiring (from the last repair guy) was done incorrectly. So I felt I had to call a differnet repair guy in the get the wiring correct. Anyway, it turned out the real problem was the heating coil. He charged me $150 for the service call and...
by Cody
Fri Jan 12, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: In this case is fliexibilty better that efficiency? A question about fund placement.
Replies: 1
Views: 235

In this case is fliexibilty better that efficiency? A question about fund placement.

Subject should read "better than". So I have all our equity in Roths and all bonds in our Rollover IRAs (with no taxable $). That is seems to be quite efficient. Does it make any difference which of the below options I choose at RMD. Let's say next year the stock market does well - so I want to take...
by Cody
Wed Jan 10, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Noise in my attic
Replies: 307
Views: 79562

Re: Noise in my attic

OP here. OMG - I was so surprised to see that this post still has legs. If you check other later cody posts you will see I resolved the problem. It was an eletro magnetic short in a stereo that was throwing the sound off the ceiling (every one thought it was a noise from the attic). So we were ready...
by Cody
Wed Jan 10, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 84
Views: 11455

Re: New mattress

Sleep EZ orgainic latex mattress! We love it. My wife is a "hot momma" and never complains about heat retention in the bed. I never think about the bed being too warm (doesn't enter my mind). Great customer service. Best latex prices we could fine.

Cody
by Cody
Tue Jan 02, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 13834

Re: Embarrassment Preventing Retirement Work: A factor for you?

As a former, now retired, teacher I felt pressure to get out of Dodge and ride into the sun set. "Why would anyone keep working when you can retire" was the mantra. Then latter as a substitue teacher I felt that some people wondered quietly "Doesn't this guy have a life"

Best
Cody
by Cody
Sun Dec 24, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Boxed myself in a corner with IRA and Roths?
Replies: 2
Views: 729

Boxed myself in a corner with IRA and Roths?

As I journey down the path of Boglehead wisedom I may have boxed myself in a bit of a corner. I am about to take one of my first 3.3% withdrawals but would like to take it from Vanguard Total Stock Market but all of our equity is in our Roth IRA's (for efficiency.) All off our Bonds are in our Rollo...
by Cody
Mon Dec 18, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3147

Re: Do you have bonds in Roths as a retiree?

So it looks like the consensus is not bonds in Roths. (though some do have bonds in Roths). Again we have about 50% of our funds in Roths (currently almost all equity) (due to some major Roth Converversions). So then, if I want to exchange all 4 funds we own and purchase LS40 (Life Stragey 40 with 6...
by Cody
Sun Dec 17, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3147

Do you have bonds in Roths as a retiree?

I would appear, due to my the ratio between my personal tax deferred account and my Roths, that I will have to place some bonds into those Roths. This will be done either with a 4 fund portfolio or more likely with a balanced fund of some kind (probably Life Strategy 40). This of course will mean ha...
by Cody
Sun Dec 17, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Spousal SS benefits
Replies: 32
Views: 2480

Re: Spousal SS benefits

If you are talking about a "restricted application" then you are no longer able to do that. The law was changed about a year ago to cut out that "loophole". I am one of the lucky ones who go in under the wire. But be sure of the correct title of the Social Security move you are thinking about so tha...
by Cody
Wed Dec 06, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: Understanding Accredited Investment Fiduciary (AIF)
Replies: 3
Views: 530

Understanding Accredited Investment Fiduciary (AIF)

Could you tell me if someone with Accredited Investment Fiduciary (AIF) is adequate accrediation to give people financial advice. I am trying to vet the accreditation for myself and others.

Thanks,
Cody
by Cody
Tue Nov 28, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Do you still libility match if you use a target date fund?
Replies: 1
Views: 312

Do you still libility match if you use a target date fund?

If you use either Target Date funds or Lifestrategy funds do you 1) have separate accounts (maybe money market or short term bonds) for various forseen expenses (think car) or 2) simple take your safe withdrawal and pay for things like forseen expenses from the fund itself. In the name of simplicity...
by Cody
Sun Nov 05, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: International Bonds - Are they needed?
Replies: 11
Views: 1202

International Bonds - Are they needed?

I read this 2014 post on the forum with great interest. https://www.bogleheads.org/forum/viewtopic.php?t=139939 Has anything changed in the general thinking of international bonds especially as embedded in balanced funds like Life Strategy and Target Date funds at Vanguard. Can I assume that they ad...