Search found 24 matches

by dergon
Mon Jun 17, 2019 4:51 pm
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 58167

Re: NE Ohio (Cleveland Area) Master Thread

Pete, I have nothing to offer other than encouragement, that you are doing a great service trying to set them on the right path. Dr.'s seem to be targeted by "financial advisors" and they would do very well indeed to steer clear of being sold products and instead walk the Boglehead path.... Yeah......
by dergon
Mon Jun 17, 2019 4:48 pm
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 58167

Re: NE Ohio (Cleveland Area) Master Thread

CyberBob wrote:
Mon Jun 17, 2019 11:45 am
Pete,

Are you familiar with The White Coat Investor?
He’s a fellow Boglehead physician. Lots of good stuff on his website and in his book.
I know it well! A great resource :)
by dergon
Sun Jun 16, 2019 11:36 am
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 58167

Re: NE Ohio (Cleveland Area) Master Thread

Hi there Cleveland Bogleheads! Dergon here. I'm a doctor down at University Hospitals and have been asked by the residents to put together a powerpoint on the basics of personal finance. If I was going to cobble it together myself it would just mostly be a re-hash of the basic tenets with a few pie ...
by dergon
Tue May 09, 2017 3:24 pm
Forum: Personal Investments
Topic: Thoughts how/why/when to finally move to Bonds/Fixed Income
Replies: 20
Views: 3587

Re: Thoughts how/why/when to finally move to Bonds/Fixed Income

FSTVX for FSITX done. I am now 91/9 for allocation. Hope to continue my plan as above. As always thank to the whole community for helping me to clarify my thought process. Baby steps. Good work. Next I would look at the extra risk you are taking within the 91% stock portion. The 91% is one kind of ...
by dergon
Tue May 09, 2017 12:15 pm
Forum: Personal Investments
Topic: Solid justification for including all stocks & NO bonds?
Replies: 143
Views: 10405

Re: Solid justification for including all stocks & NO bonds?

This thread was a helpful clarification. As of today I have started a slow move towards a less equities heavy asset allocation. It is likely that I will stay more aggressive than most, but I have at least started the process. I am now 91/9 and will move slowly more into bonds over the next few years...
by dergon
Tue May 09, 2017 12:10 pm
Forum: Personal Investments
Topic: Thoughts how/why/when to finally move to Bonds/Fixed Income
Replies: 20
Views: 3587

Re: Thoughts how/why/when to finally move to Bonds/Fixed Income

FSTVX for FSITX done.

I am now 91/9 for allocation. Hope to continue my plan as above.

As always thank to the whole community for helping me to clarify my thought process.
by dergon
Mon May 08, 2017 5:20 am
Forum: Personal Investments
Topic: Solid justification for including all stocks & NO bonds?
Replies: 143
Views: 10405

Re: Solid justification for including all stocks & NO bonds?

I just wanted to jump in and say that I am following this thread with great interest. I'm a bit older, having just turned 50. I have a high paying job that many people can choose to do into their 60s or even 70s if they wish to do so. Many in my profession are able to do fractional levels of work, g...
by dergon
Sun May 07, 2017 6:58 am
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

4 years later - Jut a follow up - it's not perfect... but better I've made a number of changes since my first post, doing my best to undertake some simplification compared to my earlier very complex holdings. It's still pretty complex, but I was at least able to jettison the high expense actively ma...
by dergon
Sat May 06, 2017 9:39 pm
Forum: Personal Investments
Topic: Thoughts how/why/when to finally move to Bonds/Fixed Income
Replies: 20
Views: 3587

Re: Thoughts how/why/when to finally move to Bonds/Fixed Income

For what it's worth, I was 90/10 until this year at Age 42. Recently rebalanced when the Dow hit 21K and paid off our mortgage and shifted to 70/25. The way I see it, I have less need to take risk and more incentive toward capital preservation than I used to. I haven't won the game yet, but I have ...
by dergon
Mon Nov 17, 2014 11:09 am
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Well, it was much dragging of feet and gnashing of teeth, but I have finally jettisoned all of the high cost funds that were the legacy of my days with a financial advisor. The capital gains will sting a bit this year but I am prepared. And if my estimates are correct I should save that money back i...
by dergon
Thu Nov 13, 2014 1:08 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Be careful about Schwab so called "index" funds, especially the bond funds. See discussion here: viewtopic.php?f=1&t=144856 I ended up using the Schwab Total Stock Market Index Fund only and used my Fidelity accounts for the international and bond portion of the portfolio. Thanks for the heads up. ...
by dergon
Tue Nov 11, 2014 1:03 pm
Forum: Personal Investments
Topic: What is your age and AA?
Replies: 219
Views: 68669

Re: What is your age and AA?

Age 47
Wife:38

Full-time employed. Hope to part-time in 5 years ... full retirement maybe 10 (but probably more like 15) years.



Until 1 week ago was 100% equities.


Now 92% stocks, 8% fixed bond funds.
by dergon
Tue Nov 11, 2014 12:48 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Here is what I would suggest: Go to Morningstar.com and use the Instant X-ray tool. Plug in the 3 funds either separately or altogether (use your actual dollar amounts). Look at X-ray and see how much US, foreign, and bonds they are giving you. Don't worry too much about what the actual funds conta...
by dergon
Tue Nov 11, 2014 11:53 am
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Hi there -- a bit of thread necromancy on my first portfolio review thread. Since my initial post above, I've been in the slow process bit by bit of selling the high cost funds and moving to low cost index funds, while moving my asset allocation to something more age appropriate. Now I am down to on...
by dergon
Tue Oct 28, 2014 10:09 am
Forum: Personal Investments
Topic: Bonds in taxable account
Replies: 4
Views: 896

Bonds in taxable account

Hi there - I just sat down to my annual meet with my advisor at Schwab (Don't worry ... they provide the service for free). I do as part of a portfolio review ahead of my annual rebalancing. I usually take the meetings for the purpose of overview but generally don't act on any advice because he is u...
by dergon
Tue Jun 24, 2014 11:38 am
Forum: Personal Investments
Topic: Best choices for Fidelity bond fund options
Replies: 6
Views: 807

Re: Best choices for Fidelity bond fund options

Do you have any stable value or guaranteed funds available? John The 401a and 403b can be self directed into any Fidelity offering. The list on the 457b is a bit narrower with the only bond option being PIMCO Total Return Fund Institutional Clas (PTTRX) and then all of the target date funds which I...
by dergon
Tue Jun 24, 2014 11:28 am
Forum: Personal Investments
Topic: Best choices for Fidelity bond fund options
Replies: 6
Views: 807

Re: Best choices for Fidelity bond fund options

Absolutely.

I should have specified that I want to go Spartan to keep expense down. I am looking for best options within the Spartan group
by dergon
Tue Jun 24, 2014 11:24 am
Forum: Personal Investments
Topic: Best choices for Fidelity bond fund options
Replies: 6
Views: 807

Best choices for Fidelity bond fund options

Hello there- I am beginning to look into making changes to my asset allocation (have until now been 100% equities) and want to choose some bond funds. I have Fidelity 403b, 457b and 401a holding $300k, $200k, and $120k respectively. This represents about 21% of my portfolio, the rest being in Schwab...
by dergon
Mon Jun 10, 2013 2:01 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

So I've been poking around and reading some of other threads and wikis and I came across this, which sounds a bit like where I am perhaps. Rebalancing in taxable accounts I realized that where I was was just too complicated and unsustainable. My funds had high costs, there were too many of them, and...
by dergon
Mon Jun 10, 2013 7:27 am
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Thank you all for the thoughtful replies. Extraordinarily helpful in clarifyling my thinking! :) First the easy replies: Yes - I meant $5,500 to IRA (edited OP) I've contacted my accountant to sit down and talk about the tax issues in the taxable account. Will follow-up there. But what I know I need...
by dergon
Fri Jun 07, 2013 5:52 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

That's the question. What is the capital gains situation on those funds? Brian I don't have the exact details, but I would figure it would be painful. No new money has gone into any of the higher cost funds for a couple of years now. They've seen a fair bit of gains and represent probably $500k+ of...
by dergon
Fri Jun 07, 2013 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage today
Replies: 73
Views: 7779

Re: Paid off mortgage today

I wired the payoff amount to the mortgage company today. The balance started in 2008 at $300,000 at 5.25% and we re-fi'd to 3.25% in July 2011. Our gross income varied from ~$90,000-200,000 during that time. We never touched our 6 month emergency fund and continued sending ~20% to retirement and fu...
by dergon
Fri Jun 07, 2013 4:31 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

Re: My first post - A review request

Thanks for the prompt reply! Yeah.... overly complex is right. And the real crux of it. I have generally done hillbilly rebalancing by simply adding new monies, sometimes into new funds....... and that's gotten me where I am now. I've made my bed and am now sleeping (somewhat poorly) in it. Many of ...
by dergon
Fri Jun 07, 2013 3:07 pm
Forum: Personal Investments
Topic: My first post - A review request
Replies: 20
Views: 3170

My first post - A review request

Hello everyone!! My first post. I am sorry for the chaos that is my investment portfolio. I am looking forward to your advice. Emergency funds: 6 months expenses Debt: No debt (CC, mortgage, loans all paid) Tax Filing Status: Married Filing Jointly Tax Rate: 39.6% Federal, 5.925% State State of Resi...