Search found 1078 matches

by ryman554
Thu Sep 13, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1205

Re: Another high expense-ratio 401(k), Help!

Use Ivy International Core Equity if you must have international. Agree with Hartford Core Equity Fund (us stocks) and PIMCO Total Return (bonds). Trying to control my gagging reflexes. You should request your employer add some low cost index funds such as a S&P 500 index, extended market index fun...
by ryman554
Thu Sep 13, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1205

Re: Another high expense-ratio 401(k), Help!

Use Ivy International Core Equity if you must have international. Agree with Hartford Core Equity Fund (us stocks) and PIMCO Total Return (bonds). Trying to control my gagging reflexes. You should request your employer add some low cost index funds such as a S&P 500 index, extended market index fun...
by ryman554
Wed Sep 12, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 5951

Re: Paying off mortgage with 87K left on it

Agreed, on the mechanics, but for a few hundred the option to pay less if I had to is appealing. I guess there is no reason to do it now and I could wait until it was ever needed. The question is if interest rates have doubled then or worse -- its that + a surprise layoff -- maybe they wouldn't off...
by ryman554
Tue Sep 11, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 5951

Re: Paying off mortgage with 87K left on it

Agreed, on the mechanics, but for a few hundred the option to pay less if I had to is appealing. I guess there is no reason to do it now and I could wait until it was ever needed. The question is if interest rates have doubled then or worse -- its that + a surprise layoff -- maybe they wouldn't off...
by ryman554
Tue Sep 11, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9724

Re: Anyone else not save for cars?

I usually finance my cars with our Home Equity Line. Prime minus 1/2% and I pay it off over 4-5 years. I prefer that to building up a bunch of cash over time to make a cash purchase several years down the road. I'm surprised it took 50 posts to get to this. This is what we do - was even better back...
by ryman554
Tue Sep 11, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 5951

Re: Paying off mortgage with 87K left on it

My own situation, I am looking at making an additional large payment up front to reduce the interest costs on the my loan. While they may not be "front loaded" as some have suggested, your payments are fixed through the course of the mortgage. If you are thinking of making a large prepayment then y...
by ryman554
Mon Sep 10, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 5951

Re: Paying off mortgage with 87K left on it

Watty -- indeed there's about 4-1/2 years left on the mortgage (due to some previous lump sum principal paydowns). Main thing I've wondered is whether it's really a 3.75% return at this point. Mortgages are front-loaded with interest --- even though the rate across the entire 15-year note is 3.75%,...
by ryman554
Tue Sep 04, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: ESPP as emergency fund
Replies: 7
Views: 656

Re: ESPP as emergency fund

I'm thinking about keeping most of the shares as part of my emergency fund. By my calculations, I'll end up with $30-35k each year, and this would amount to <5% of my overall net worth. I already have close to $100k cash as an emergency savings right now, so as these ESPP shares start to add up, I ...
by ryman554
Thu Aug 30, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 4794

Re: Done saving for retirement according to firecalc?

Firecalc is a back-test tool. It is predictive only if the future is like the past. What happens if it isn't? Did you investigate or model a 2008-like drop, but with a 10 year recovery period (and not a one-year recovery followed by an 11 year bull market?) Yes, the OP did. From the years of 1929-1...
by ryman554
Wed Aug 29, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 4794

Re: Done saving for retirement according to firecalc?

Am I missing something, by my view the OP is *already* FI, at least on the bleeding edge of it. FIREcalc is nothing more than a restatement of the trinity study using fancy graphs. If you believe in the 4% rule (or 3.x% or whatever), then you believe in FIREcalc. End of story. Regardless of current ...
by ryman554
Tue Aug 28, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Recast plus lump sum prepayment -
Replies: 11
Views: 890

Re: Recast plus lump sum prepayment -

Looks like this new home purchase is going to be tight on your monthly budget. You are also NOT maximizing your 401k and IRAs With the sale of the old home, I would first try to hit the max on the 401k and IRAs for this year (say 10K). If the extra 500 that you put towards car loan gives you the co...
by ryman554
Mon Aug 27, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: The first million is the hardest?
Replies: 46
Views: 9007

Re: The first million is the hardest?

Does it start getting faster at some point due to compounding returns? Only when the market is going up. :happy When the market is going down, you are not going to see a lot of "compounding". But yes...sort of. When your portfolio is small, the portfolio growth you see is from the contributions you...
by ryman554
Mon Aug 27, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79778

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

What I see in the data is that stock returns are fractal and not predictable. One wants to be as widely diversified as possible because you really cannot predict what country, what stock market, what stock market sector will do well in the next cycle. Hence my question about riskiness. Is it more r...
by ryman554
Sun Aug 26, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5637

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

Ignoring pensions and SS is a fool's errand, since if they exist, will contribute >25% to your cash flow needs. Your $110k required income is a mixture of "required" income and "wanted" income. Nobody really needs $110k per year to live, and the better you can come up with wants vs needs, the better...
by ryman554
Fri Aug 24, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21450

Re: Decent compensation to move to Bay Area CA?

I figured the RSUs were a vesting signing bonus. Bonuses have not been mentioned by OP yet, which is an important consideration. Also, an ESPP program could mean 15% more on a certain chunk of salary. Do the math on 15% ESPP on 10% of salary. 1.5%. Not a big needle mover. It's nice, but it's not ev...
by ryman554
Fri Aug 24, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: SALT: IRS issues proposed regs for State Tax Credit for Donation
Replies: 62
Views: 6010

Re: SALT: IRS issues proposed regs for State Tax Credit for Donation

Aren't these exactly the same thing? So what they are saying is that state taxes have to be completed before federal? One mentions tax credit and the other tax deduction, which are two different things. If you donate $100,000 to California and receive nothing for it, that is a $100,000 federal char...
by ryman554
Thu Aug 23, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Company Stock - % in portfolio
Replies: 42
Views: 3790

Re: Company Stock - % in portfolio

What a wonderful problem to have! Lots of cash and you are concerned about negative returns in the short run? Do you have any debt? - mortgage, student loans, credit card? You may want to consider paying down any outstanding debt you may have in lieu of purchasing bonds. No sense in paying interest...
by ryman554
Thu Aug 23, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 437

Re: Stop Roth IRA Contributions to Pay Off Loan

I would not want to take money out of a Roth IRA because Roth space is precious and limited. Similarly, I would be reluctant to stop making Roth contributions. However, your interest rate on the loan is high. I would suggest trying to reduce that interest rate by obtaining some other lower rate loa...
by ryman554
Tue Aug 21, 2018 2:45 am
Forum: Investing - Help with Personal Investments
Topic: How to track and manage investment income to meet tax tier objectives
Replies: 4
Views: 540

Re: How to track and manage investment income to meet tax tier objectives

Out of curiosity.... isn't a strategy that doesn't depend on the whims of the market include having a 1-n year bolus of money in "cash" sitting in some "checking" account? Us young guys call that an "emergency fund", but in retirement, everything is an "emergency". Take the strategy that things you ...
by ryman554
Sun Aug 19, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: The problem with 'saving receipts' for future qualified HSA withdrawals
Replies: 24
Views: 2708

Re: The problem with 'saving receipts' for future qualified HSA withdrawals

I think the paradox is slightly different: the greater one's future medical expenses, the more worthwhile to defer reimbursement. But I agree with you that this leads to quite a bit of fatalism. If future medical expenses are low, then paying income tax on the appreciated HSA balance is worse than ...
by ryman554
Sat Aug 18, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1779

Re: Any tool to help predict net worth in N years?

Inputs: (real) assumed growth in equities and bonds. Periodic investments and amounts. All you have to do is compute the "interest" each month, add the periodic investment onto it and sum to the previous month. Drag down for however many months you have/want. This certainly works. But the same resu...
by ryman554
Fri Aug 17, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Rental home and paying off debt by refinancing primary home cash out
Replies: 9
Views: 839

Re: Rental home and paying off debt by refinancing primary home cash out

I don't know if you can loan yourself money? You could if you had the rental set up as an LLC or other business type I would think. But with what you've got now then being able to get better deals on your own mortgage is offset by what expenses you can't deduct now from the rental. You may find tha...
by ryman554
Fri Aug 17, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1779

Re: Any tool to help predict net worth in N years?

I searched around but didn't find an answer. I'd like to have a tool with input - current net worth, yearly contribution (regardless of retirement or taxable account), stock/bond split (assuming yearly contribution also gets the same split). It can tell me what the net worth would (likely to) be in...
by ryman554
Tue Aug 14, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8664

Re: Huge mortgage mistake

As I stated before, I understand that making regular 1000 per month as additional payment would save 1 month and $1557.59 vs recasting every year and putting the additional cash flow back in as additional principle payments. No. I will fix this for you. "As I stated before, I understand that making...
by ryman554
Mon Aug 13, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

Perhaps fungible is the wrong word... and I am unable to make a coherent argument. I will just say that it is the rare case, indeed, that somebody is forced to "sell low" in an IRA for RMD reasons. Since most folks keep far too many cash/equivalents, there are many options to keep the same (low val...
by ryman554
Mon Aug 13, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

Earl Lemongrab wrote:
Mon Aug 13, 2018 2:58 pm
ryman554 wrote:
Sun Aug 12, 2018 5:33 pm
Selling in IRA and buying in taxable is no net tax cost for gains or anything. (Ok, there are esoteric wash sale rules to worry about)
That can't result in a wash sale. You have to sell for a tax loss. The other way around can be a problem.
Yup, you're correct.
by ryman554
Mon Aug 13, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

...Money in IRA is completely fungible and investments can get bought and sold with no tax ramifications. Money in your IRA is not "fungible". What's fungible is: my monthly SS amount and monthly RMD amount starting in 2020 are expected to be comparable in size (SS several hundred $$ larger). So ma...
by ryman554
Mon Aug 13, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

...The point is, nobody should ever be forced to sell low when doing RMD, regardless of account... Why not? Let's say stocks drop 20% or 30%. So you sell low in your tax deferred account and almost simultaneously buy similar funds in your taxable account. I don't see a problem... Didn't you just ag...
by ryman554
Mon Aug 13, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8664

Re: Huge mortgage mistake

As I stated before, I understand that making regular 1000 per month as additional payment would save 1 month and $1557.59 vs recasting every year and putting the additional cash flow back in as additional principle payments. No. I will fix this for you. "As I stated before, I understand that making...
by ryman554
Sun Aug 12, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

Who says you have to sell? Transfer in kind Or if you can't do that, then sell in IRA, no tax cost , take distribution and repurchase in taxable. Haven't sold low at all. I don't understand. Unless you have $$$ already in taxable to cover taxes due, you have to pay FIT (and possibly state/local inc...
by ryman554
Sun Aug 12, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2562

Re: RMD's: take distributions vs selling

If you don't have cash in your 401k or IRA, then I think it is prudent to accumulate some. That way if stocks go down you will not be forced to sell for your next RMD. You can also use bonds, but my preference is safe, liquid cash, especially now that money market funds are actually paying some int...
by ryman554
Fri Aug 10, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8664

Re: Huge mortgage mistake

If we repeat the strategy, there comes a point in time where the total principe remaining is less than the recast amount. Instead of doing the final recast, i would payoff the loan when that scenario comes. In the end I will definitely reduce the term of loan and save on interest. As I stated early...
by ryman554
Fri Aug 10, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8664

Re: Huge mortgage mistake

Didn't have to pay anything for recast. I am aware that the terms will change. Primary objective is to increase cash flow. Then recasting provides some benefit. Notice that there are usually nominal $x00 fees (mine is $250) to recast, so the choice to do so is really driven by a perceived need to u...
by ryman554
Thu Aug 09, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: US and UK Deep History: Safe Withdrawal Rates
Replies: 38
Views: 3432

Re: US and UK Deep History: Safe Withdrawal Rates

The action I would take knowing that the average was 6.6% and 3/4 were above 5% would be to reject the Trinity-style withdrawal in favor of some other plan. Yup, I reached the same conclusion a few years ago, and will not look back. Actuarial methods and flexible decision rules have been around for...
by ryman554
Thu Aug 09, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Huge mortgage mistake
Replies: 58
Views: 8664

Re: Huge mortgage mistake

I have recasted my loan after paying 20000 extra over a period of 19 months. Now my monthly payment shrinked by around $140 which goes as "additional" additional payment to principle. I am planning to repeat this strategy every 2 years or so. What you are doing is not necessary, at best, and counte...
by ryman554
Thu Aug 09, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: US and UK Deep History: Safe Withdrawal Rates
Replies: 38
Views: 3432

Re: US and UK Deep History: Safe Withdrawal Rates

OK, for U.S. Investors with 70/30 asset allocation, for 30 year withdrawal period: Average max withdrawal rate was 6.6% and half were greater than 6.3%. 75% were in the range 5.0% to 7.9% 90% were in the range 4.3% to 9.4% They never showed these graphs and statistics in the Trinity Study and simil...
by ryman554
Thu Aug 09, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7821

Re: Would buy and hold work if Japan's lost decade happens?

I'm fairly new to investing. Would this situation be alleviated anyway by holding bonds? Correct, that's the point of bonds. When stocks are crashing, bonds go up, historically. Incorrect. Corporate bonds track their underlying equities quite well. Which is why, even though they have a higher yield...
by ryman554
Tue Aug 07, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: 401k administrative fees
Replies: 19
Views: 1160

Re: 401k administrative fees

Hmm, that's a tough one. You're getting a guaranteed 9.4% return on your 401k contributions, on top of whatever each fund returns. If you are unable to max out both 401k and Roth IRA, I think the match on your 401k wins. Right, so with the current limits of $18,500 my company would match up to $185...
by ryman554
Thu Aug 02, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: New job commute
Replies: 64
Views: 3726

Re: New job commute

Where I live there is no feasible public transport route to my job, it would take 3 hrs one way to do so. Are you sure? You can't drive part of the way, park in a commuter lot, and train/subway or bus in the rest? I am guessing if the answer is no, you are not working in a big city. I dunno. Do you...
by ryman554
Thu Aug 02, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: 4% rule .. but when?
Replies: 35
Views: 4247

Re: 4% rule .. but when?

So person A retires at year 2007 with $1M. This person decides he can live with $40k/year Person B has the same $1M at year 2007. At year 2009, the stock market has crashed and and lost 50% value, so $500k are left. This person decides he can live with $20k/year You could argue that 100% stocks is ...
by ryman554
Thu Aug 02, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: SWR 2.5% --how much equity required?
Replies: 9
Views: 1301

Re: SWR 2.5% --how much equity required?

antiqueman wrote:
Wed Aug 01, 2018 7:14 pm
On another on going post someone posted that 2.5 withdrawl rate was perpetual .

If that is true , how much equity should one hold?

Thoughts.

Thanks.
Anything works. You saved too much. Congratulations on being completely FI.
by ryman554
Wed Aug 01, 2018 8:44 am
Forum: Investing - Theory, News & General
Topic: I desire above average results
Replies: 14
Views: 1921

Re: I desire above average results

The market return is an above average investor return. So if you can reduce expenses and taxes and get at least the market return, then you will have outperformed the average investor who pays more in fees and taxes. So do you actually know the performance of your portfolio? Do you compare it to a ...
by ryman554
Wed Aug 01, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: 1.9 M windfall. My plan; input requested
Replies: 30
Views: 4662

Re: 1.9 M windfall. My plan; input requested

- Real estate: this ties into a business my brother is already in. The short version is that it's been a successful small business for 6 years; the 300k would simply double the current business. This business gives my parents a free place to live near the ocean for 6 months a year. So it's sort of ...
by ryman554
Tue Jul 31, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve travel insurance
Replies: 33
Views: 3597

Re: Chase Sapphire Reserve travel insurance

I had to cancel a flight due to being forced to work when I was previously scheduled off. I called and stated my case that did not qualify for reimbursement under cancellation policy. They said I could submit and application but I just ate the $300. I could have lied but wasn’t worth it. Why go thr...
by ryman554
Mon Jul 30, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve travel insurance
Replies: 33
Views: 3597

Re: Chase Sapphire Reserve travel insurance

I had to cancel a flight due to being forced to work when I was previously scheduled off. I called and stated my case that did not qualify for reimbursement under cancellation policy. They said I could submit and application but I just ate the $300. I could have lied but wasn’t worth it. Why go thr...
by ryman554
Sun Jul 29, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Firecalc "Your Portfolio" Tab to adjust for less stocks in future
Replies: 7
Views: 674

Re: Firecalc "Your Portfolio" Tab to adjust for less stocks in future

I have the "risk tolerance" to handle a 80/20 portfolio. Our retirement portfolio is 40/60. IMHO retirees should not invest even near their risk tolerance. I don't understand this statement. One huge knob to define the "SWR" is you AA. Generally, the lower the equity number, the higher (worse) the ...
by ryman554
Sun Jul 29, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4511

Re: Is the 4% rule/ index funds flawed?

What wrong with 1990? A great year to retire for 4% rule. You get the run up of the 90's ( of which 2000 was a correction) and only a "little" blip in 2008. Iraq invaded Kuwait in July 1990, causing oil prices to increase. The Dow dropped 18% in three months, from 2,911.63 on July 3 to 2,381.99 on ...
by ryman554
Sat Jul 28, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4511

Re: Is the 4% rule/ index funds flawed?

Jerry55 wrote:
Fri Jul 27, 2018 7:33 pm
ryman554 wrote:
Fri Jul 27, 2018 9:04 am
What's wrong with 2000?

LOL !!! Looks like I skipped a decade !!! I meant 1990.
I really hate getting old at times.... :oops:
What wrong with 1990? A great year to retire for 4% rule. You get the run up of the 90's ( of which 2000 was a correction) and only a "little" blip in 2008.
by ryman554
Fri Jul 27, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4511

Re: Is the 4% rule/ index funds flawed?

The US wasn't the best market to invest in (Sweden, Australia, and South Africa all beat it out, if I remember). But it was certainly in the top performers. Looking at other markets during the 20th century is a hard thing to interpret. ... My sense is that, for the cases/countries where something l...
by ryman554
Fri Jul 27, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4511

Re: Is the 4% rule/ index funds flawed?

I won't get into the Index fund conversation, good, bad or indifferent. The 4% rule is a horse of a different color. Have another melt down like 2008, or mini crash like in 2000 or so ? Those numbers can be quite difficult to obtain and may force one to actually stop taking cash. It all depends. Wh...