Search found 6804 matches

by tibbitts
Sun Oct 22, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: The Effect of Rising Rates on Bond Funds
Replies: 8
Views: 1002

Re: The Effect of Rising Rates on Bond Funds

You're a little late to the game. Everybody else had that idea 5 or 6 or 7 years ago. Why do you feel this way now but didn't then? I hate to point this out but rates rising were thought to be just as inevitable then as now. What's different now is that the Fed is taking action to increase rates, a...
by tibbitts
Sun Oct 22, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: VWELX, VWINX, VBINX [Vanguard Wellington, Wellesley, Balanced]
Replies: 3
Views: 402

Re: VWELX, VWINX, VBINX [Vanguard Wellington, Wellesley, Balanced]

Hi I'm 59. Want to invest Roth $ in 1/3 VWELX, 1/3 VWINX, 1/3 VBINX, and not have to think about markets. 5 years before I would consider any withdrawls. Yes, No ? Thx ! No to every fund you listed and to not having to think about markets. Seriously you can't ask the question in isolation without l...
by tibbitts
Sun Oct 22, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: What to do: Financial Advisor for Trust Breaching Fiduciary Duty
Replies: 14
Views: 1362

Re: What to do: Financial Advisor for Trust Breaching Fiduciary Duty

Are you saying 5-6% total per-year expenses, or just sales fees without any management charges or underlying fund fees? If the former, I'd move on - beats losing another $250k to a lawyer. I don't think you'll find 3-4% unusual, or even a little higher. Do you really need a trust for that much mone...
by tibbitts
Sun Oct 22, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: 4% SWR Rule in Other Countries
Replies: 26
Views: 2329

Re: 4% SWR Rule in Other Countries

Withdrawal Rates are a special interest of mine, and you might enjoy the article I wrote recently on this topic: Your Home Country Is Inseparable From Your Withdrawal Rate So what’s your point? That 4%, which didn’t work in most other similar places, so therefore we shouldn’t have confidence in it?...
by tibbitts
Sun Oct 22, 2017 11:27 am
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 3400

Re: For those near retirement and rebalanced to Bonds...

People would be dramatically more comfortable with a higher bond percentages with real bond rates in the 2-3% range vs. the 0% range they're in now. A lot of the talk we have here about 100% stock etc. is really based on that, not now well the market has done lately. It's hard to sleep well at night...
by tibbitts
Sun Oct 22, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: What to do: Financial Advisor for Trust Breaching Fiduciary Duty
Replies: 14
Views: 1362

Re: What to do: Financial Advisor for Trust Breaching Fiduciary Duty

Are you saying 5-6% total per-year expenses, or just sales fees without any management charges or underlying fund fees? If the former, I'd move on - beats losing another $250k to a lawyer. I don't think you'll find 3-4% unusual, or even a little higher. Do you really need a trust for that much mone...
by tibbitts
Sun Oct 22, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Bought the new car, old car has issues driving off lot
Replies: 14
Views: 1417

Re: Bought the new car, old car has issues driving off lot

Same thing happened to me. I traded my car for another and the dealer came to my location to pick up the car (long story why that was necessary, but it had nothing to do with the car, I was driving it daily.) The clutch throwout bearing failed completely on their way back to the dealership. They wer...
by tibbitts
Sat Oct 21, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1332

Re: What to do with TIAA CREF funds?

If not recommended to manage myself in an IRA and with high ER in TIAA, what would be recommended to do with the funds upon employment termination to maximize preservation of funds? Worried ERs and hidden fees in TIAA will erode funds over time if left in. The NY Times' recent article about TIAA wa...
by tibbitts
Sat Oct 21, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: What to do: Financial Advisor for Trust Breaching Fiduciary Duty
Replies: 14
Views: 1362

Re: What to do: Financial Advisor for Trust Breaching Fiduciary Duty

Hello, Mostly a lurker here, but need some advice on a situation I just discovered. A financial advisor that has been managing a trust for which one of my parents receives income distributions and I believe I am the ultimate beneficiary. Still figuring out more information here as I only have seen ...
by tibbitts
Sat Oct 21, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Most reliable water shutoff valves? Plumbing question.
Replies: 23
Views: 1876

Re: Most reliable water shutoff valves? Plumbing question.

I've never heard of a condo without a per-unit water shutoff - that's horrible. My main shutoff was the globe type and it leaked. I had it replaced with a ball valve but after twenty or thirty years I'm not convinced either type won't leak. I don't really care about leaks through the valves, it's mo...
by tibbitts
Sat Oct 21, 2017 12:27 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2518

Re: 401k "only" up 13.5% YTD

Mine (well, 403b) is up about 3%. Everybody else needs to stop whining.
by tibbitts
Sat Oct 21, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Market high, interest going up: bonds or stocks or cash now?
Replies: 9
Views: 920

Re: Market high, interest going up: bonds or stocks or cash now?

What I think: stocks (everywhere) are overpriced, bonds (everywhere) are overpriced, real estate (everywhere) is overpriced, and cash earns nothing. Oh well, you have one less day left to worry about any of those than you did yesterday.
by tibbitts
Sat Oct 21, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 61
Views: 4569

Re: Why do I need bonds? (I'm 30)

As I've said before it comes down to whether you believe equities could easily underperform debt for 30, 40, or 50 years. Most people will say that because we have this tiny bit of history in which that hasn't happened, it won't. And most people plan for that much time, even though in reality they m...
by tibbitts
Fri Oct 20, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: The Effect of Rising Rates on Bond Funds
Replies: 8
Views: 1002

Re: The Effect of Rising Rates on Bond Funds

After another good day for stocks, I checked my balance and noticed that my bonds (SCHZ) took a bit of a hit today. It got me wondering -- is there a calculation or rule of thumb that will help me anticipate what my bond losses will be if interest rates continue to rise? Also, I'm curious how peopl...
by tibbitts
Fri Oct 20, 2017 7:55 am
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 3400

Re: For those near retirement and rebalanced to Bonds...

With the way the market has been performing I wondered about people in this scenario. As one approaches retirement the general rule is to migrate from stocks to bonds. In this scenario, with the way the market has been doing this past year or so, and lets say you have 50%- 75% or more of your portf...
by tibbitts
Thu Oct 19, 2017 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 539

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Just because you can do something, does not mean you should do that something. Maybe bsteiner or some of our other resident estate and trust lawyers will comment. When you leave something directly to a spouse, you can not control who it goes to when they die. Beneficiary distributions of real and p...
by tibbitts
Thu Oct 19, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Need Some Advice [changing advisors]
Replies: 22
Views: 1483

Re: Need Some Advice [changing advisors]

I have no experience with EJ but do with another full-service brokerage. VG or Fidelity absolutely could NOT pull money from an account in my caes without personal authorization from the broker. I spent a lot of time on this issue discussing it with the people at VG and Fidelity who are actually inv...
by tibbitts
Wed Oct 18, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: 1st Time Cruise - Princess and wifi
Replies: 21
Views: 1541

Re: 1st Time Cruise - Princess and wifi

My experience has been that wifi is difficult to find in ports, but I don't have recent experience with New England. Where there is free wifi it's often so overloaded that you can't connect. Cell coverage is very specific, not just to network but to device and network type. For example I've been in ...
by tibbitts
Mon Oct 16, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Class B RV. Travato vs Roadtrek vs Suggestions?
Replies: 12
Views: 1153

Re: Class B RV. Travato vs Roadtrek vs Suggestions?

Hi Mr. Sandtrap, I'm a fan of the Roadtreks. As a matter of fact, I am writing this from my 2010 RT Popular - all snug in a campground on Lake Erie. I'm on a month-long trip at present, and have traveled solo for 5 years and over 60,000 miles in my beloved Roadie. (DH hates to travel.) You can't be...
by tibbitts
Sun Oct 15, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 1683

Re: The theory seems irrelevant. How does one execute?

I don't understand the comments about not checking your portfolio value every day. Everyone needs to do that when they can: you want to know if something changes without your knowledge (such as if you accounts were compromised.) I'm sure a high percentage of Bogleheads check their portfolios every d...
by tibbitts
Sun Oct 15, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Tips on Preparing will
Replies: 13
Views: 1177

Re: Tips on Preparing will

Bogleheads, Very soon I am meeting with attorney through employer provided plan which covers the cost. I understand Trust has certain benefits but next few months I am tied up and probably can't convert all accounts to Trust name(unless someone says its not time consumption :) I am in VA, early 40s...
by tibbitts
Sat Oct 14, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Investments: IRA? High-Expense Govt 457b?
Replies: 12
Views: 737

Re: Advice on Retirement Investments: IRA? High-Expense Govt 457b?

I haven't read the entire thread but if you have a 3.5% fixed account in a 457 and zero expenses, wow, I'd jump at that. Nobody understands fixed accounts, you just have to get over that. I had a fixed account in similar situation for years and it turned out to be an amazing deal because there was a...
by tibbitts
Sat Oct 14, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6446

Re: Asking for discounts

Earlier today, I took my 20-year old Honda Civic for an annual state inspection. A guy in the shop where I usually do it said that Civic will not pass the inspection because the headlights are cloudy and have to be cleaned from inside. I asked how much it will cost. He said $45 each headlight. I as...
by tibbitts
Sat Oct 14, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5323

Re: Met with a CFP, not too impressed.

We plan on traveling a lot (2-3 month out, 1 month at home) in our RV so we need things to kind of run on auto pilot. There are no For Fee CFP near us. Everyone is AUM. I suspect I am about the first "For Fee" client this man has had. I can see value in getting advice on such a transition. You are ...
by tibbitts
Tue Oct 10, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6284

Re: Buy when there's blood in the streets!

After hearing "Buy when there's blood in the streets!" talk among investors over the years my question is for a index fund investor that's already fully invested without tons of cash laying around how could one actually "buy" any decent quantity of stocks upon a crash? Fully invested would imply bo...
by tibbitts
Mon Oct 09, 2017 6:49 pm
Forum: Personal Consumer Issues
Topic: Daughter's auto repair shop problems, what should we do now?
Replies: 34
Views: 3420

Re: Daughter's auto repair shop problems, what should we do now?

I can tell you from experience that auto repair shops rip off young women. She needs to find a reputable repair place, probably by asking her friends. Asking for references for a repair shop is like asking for references for a financial adviser - better to just pick randomly than rely on friends' o...
by tibbitts
Sun Oct 08, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: Roof shingles do not match - Neighbor sent notice
Replies: 44
Views: 5738

Re: Roof shingles do not match - Neighbor sent notice

I don't have an HOA either but still have covenants... I'm unclear about how you can have "covenants" without a legal body (HOA) to enforce them. Whoever the covenants are intended to benefit can sue to enforce them. It should be clear from the deed who those parties are. There used to be deed cove...
by tibbitts
Sun Oct 08, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Daughter's auto repair shop problems, what should we do now?
Replies: 34
Views: 3420

Re: Daughter's auto repair shop problems, what should we do now?

I don't think you should get involved in the dispute, but helping with a newer car would be fine if you're in a position to do that. I think Bogleheads are a little too enthusiastic about driving old cars into the ground, because there are usually a lot of complications on the way to the ground that...
by tibbitts
Sun Oct 08, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Pare back allocation?
Replies: 10
Views: 876

Re: Pare back allocation?

I struggle with this. I have lump sum account that I know will give me about $475,000 in 4 years when I have to retire (State job). I can't manage that it is basically fixed at CPI. What's the struggle and what is the reference to CPI? I'm a state employee, and there are no CPI adjustments either w...
by tibbitts
Sun Oct 08, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2280

Re: Spouse gets blowouts?

I'm generally a minimalist. Cut my own hair. Cheap disposable razor blades. Don't even own a car. My cosmetic spending is definitely under $100 a year. I'm amazed that people can cut their own hair and have it look as good as if someone else cuts it. I cut my own but that means 1/8" inch all over, ...
by tibbitts
Sat Oct 07, 2017 2:00 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1545

Re: Length of bull market become more risky?

I thought we were just now arriving at the beginning of the bull that was predicted to begin 17-20 years after the 2000 bear, and that all those other little blips along the way (like 2008) were just... blips?
by tibbitts
Sat Oct 07, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Roof shingles do not match - Neighbor sent notice
Replies: 44
Views: 5738

Re: Roof shingles do not match - Neighbor sent notice

Wow since restoring the roof to the original shingle color is not an option I would get a quote to replace the entire roof break down the cost for both halves of the roof. Present this to the neighbor as what it will cost to make the entire roof uniform again. Insurance will not cover this so it wo...
by tibbitts
Sat Oct 07, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Roof shingles do not match - Neighbor sent notice
Replies: 44
Views: 5738

Re: Roof shingles do not match - Neighbor sent notice

I don't have an HOA either but still have covenants and have received similar communications. Enforcement without an HOA would be problematic, but she's probably right - ours specify allowed brands and colors of shingles from the 1980s! Ugh. But my house isn't attached to anyone. What is the process...
by tibbitts
Sat Oct 07, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 95
Views: 8719

Re: VG wants everyone to transfer to a brokerage account?

I have both types of accounts at Fidelity. Even for the trivial transactions I have to do the brokerage version is less functional and far more complicated than the mutual fund account, so I'll hold off on migrating at Vanguard as long as possible. I hate to do that because at work I'm the person wh...
by tibbitts
Sat Oct 07, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8156

Re: I'm thinking about cashing completely out of equites....

harrington wrote:
Fri Oct 06, 2017 12:59 pm
I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts?
Why do you have a boring lifestyle at age 56?
by tibbitts
Fri Oct 06, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5384

Re: Do you foresee a drop in housing prices in the next 5 years

As the title says do you foresee a drop in housing prices due to prices being too high for new potential home buyers being priced out of the market? Edit: To clarify I am not asking if there will be another housing market crash, but that a simple supply and demand issue where prices are too high fo...
by tibbitts
Sat Sep 23, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7384

Re: Help?! My 70 year old father is 100% invested in equities

Even the most dedicated Bogleheads (including Bogle himself) are amending their ideas in this low-rate environment that virtually nobody anticipated. The talk of no more than 50% equities around here (during 2008/9) has been replaced by "why not 100% stocks?", but you see it in more subtle ways, lik...
by tibbitts
Tue Sep 19, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 27
Views: 2537

Re: Getting father-in-law off of UBS & its 1.5% AUM fee

To me one issue here is past performance. Yes, we know past performance shouldn't matter, but if the broker is beating some reasonable benchmark after his fees over a long term, and that's possible, don't even think about arguing. Then there is spending, which you haven't addressed. If you sincerely...
by tibbitts
Sun Sep 17, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How long did it take for Equifax to email you a security sign up?
Replies: 69
Views: 5435

Re: How long did it take for Equifax to email you a security sign up?

I was able to sign up 9/12 and received the email today. Now it will apparently be several more days before the service starts working. At least it didn't ask me for a credit card number so far - not that they don't already have them all.
by tibbitts
Sun Sep 17, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3617

Re: Should I contact a lawyer?

I was in a very vaguely similar situation a long time ago. I was young and stupid; I should have let it go but didn't. You should let this go. Why do you care what happens to this document? I'm not seeing the damage to you here other than some dented feelings. It seems like this is a toxic environme...
by tibbitts
Sun Sep 17, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: annualcreditreport.com possible vulnerability (apache struts framework)
Replies: 21
Views: 2034

Re: annualcreditreport.com possible vulnerability (apache struts framework)

It's not like Apache Struts is forever and always broken. As Pajamas said, the vulnerability was patched half a year ago. There are plenty of sites running Apache Struts that have nothing to worry about because they are patched. The problem with Equifax was not Apache Struts specifically. That was ...
by tibbitts
Sun Sep 17, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 4156

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

DrGoogle2017 wrote:
Sun Sep 17, 2017 11:17 am
Someone is hoarding money like Warren Buffet.
I believe WB owns NetJets and always travels in a private jet.
by tibbitts
Sat Sep 16, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 22
Views: 1606

Re: point and shoot digital cameras

More information is needed. P&S cameras are becoming rare as phone have increased their photo capability so much - but only if you have a fairly sophisticated phone.
by tibbitts
Sat Sep 16, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Why are so many Chinese visiting my website?
Replies: 14
Views: 2488

Re: Why are so many Chinese visiting my website?

If I am feeling too good about the world, and even reading the comments on news sites isn't helping, I turn to reading firewall logs. Imagine dozens of people all over your house, like ants, trying to get in all the time. LOL. I just looked at my laptop McAfee firewall log, and I need some roach sp...
by tibbitts
Sat Sep 16, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 4043

Re: Investing in a Low-Return World: Howard Marks' 6 options

I guess it's #2, but why isn't there an option to save more? As a practical matter, because along with the low-return environment we also have low earnings. When real income decreases every year it's simply not possible for most people to save more. Well...I guess we're screwed, then. :) Excellent ...
by tibbitts
Sat Sep 16, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 4043

Re: Investing in a Low-Return World: Howard Marks' 6 options

alex_686 wrote:
Sat Sep 16, 2017 11:21 am
When you are looking to date a person for a long term relationship do you look at their external beauty or their inner character? Dividends are external.
Possibly a bad analogy: generally nobody gets to the inner character analysis unless the "investment" passes the external beauty screen.
by tibbitts
Sat Sep 16, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5186

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Honestly your post is too complicated for me to understand without reading it maybe fifty times. I completely understand why you had to present all that information but I'm guessing most people can't comprehend it. I'll just mention this: Her sister will not get the $200K that's in Vanguard, Edward...
by tibbitts
Sat Sep 16, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5186

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Nobody wants to drive a manual transmission car in city traffic, where you crawl along stop and go for hours. You never shift, you just sit there in first gear burning up the clutch.
by tibbitts
Sat Sep 16, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 5480

Re: Lawyer overbilling for prenup review

What recourse do I have if they refuse my compromise?
It sounds like there's no point in speculating until you hear back. It might take 24hrs to get a reply (weekdays), so give it that and then call.