Search found 3044 matches

by MnD
Fri Nov 17, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 77
Views: 2610

Re: Where did you first learn about investing?

Mid 1980's when we were in our early-mid 20's. Money Magazine Not the greatest education but they always highlighted Vanguard Prime MM as one of the highest yielding MM funds due to low expenses. That became our savings account. It also got me excited about regular dollar-cost averaging investing in...
by MnD
Tue Nov 14, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Too late for HDHP?
Replies: 1
Views: 432

Too late for HDHP?

I've had group traditional PPO coverage for about 35 years. Went many years with federal govt GEHA PPO. When HDHP options came out, we were having kids with significant amount of health care utilization so that didn't seem like a great deal. Then DW got a job with "dream" healthcare coverage (PPO wi...
by MnD
Tue Nov 14, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6166

Re: Isn't it safer to not sign Credit card?

Our post office pulled their crap on me. I did not sign the card. I told the counter guy: "No wonder the post office is in trouble. I will buy my stamps at Wal*Mart." It would be great if all the folks that are fervent about things like not signing credit cards (to the point of berating clerks at e...
by MnD
Sun Nov 12, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 2566

Re: My favorite bond portfolio

50% TSP G fund 50% Dodge and Cox Global Bond Fund Blended yield and effective duration: 2.92%, 1.75 years I like the idea here, but I don’t invest in any fund that charges more than 0.10% or 0.20% ER. There's that. But I like the idea of an active go anywhere bond fund that isn't locked into indexi...
by MnD
Sun Nov 12, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6005

Re: Should you own only non-U.S. stocks?

I'd be OK with that (100% ex-US on equities). The ability for other entities to bankroll my work income, home equity value, fixed income interest payments, pension and social security is highly correlated to the health of the US economy, markets and government. But I'm a chicken so I'm global market...
by MnD
Sun Nov 12, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6166

Re: Isn't it safer to NOT sign Credit card?

An unsigned card is invalid per VISA-retailer terms of agreement and should not be accepted. Likewise with "See ID" cards. On two occasions i was in line behind "See ID" people that caused delays because the retailer followed the terms of their agreement below. Very annoying. Pay cash if you can't f...
by MnD
Sun Nov 12, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10672

Re: The average American retiree household

"Average" is badly skewed by rich people and Boglehead types. So lets look at median values from the 2016 Federal Reserve Survey of Consumer Finance. The chartbook for this survey was released October 16, 2017. https://www.federalreserve.gov/econres/files/BulletinCharts.pdf The median pre-tax income...
by MnD
Sun Nov 12, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: My favorite bond portfolio
Replies: 19
Views: 2566

Re: My favorite bond portfolio

50% TSP G fund
50% Dodge and Cox Global Bond Fund

Blended yield and effective duration:
2.92%, 1.75 years
by MnD
Sat Nov 11, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5274

Re: Costco for tires and car insurance?

Yes for tires but they have never been competitive for car insurance for my family.
I lose the last young driver next year so I'll try them again after that.
by MnD
Sat Nov 11, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: what pickup truck
Replies: 65
Views: 4770

Re: what pickup truck

Unless you absolutely need a behemoth-sized truck to tow some monster RV I'd look at a Toyota Tacoma. I bought a 2005 Toyota double-cab long bed 4X4 Tacoma in fall 2004. It was one of the first trucks sold in the state that was the "new" larger 2005 design. The current models have retained this mid-...
by MnD
Thu Nov 09, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Worth changing 40 gal. to 30gal. hot water tank?
Replies: 90
Views: 4657

Re: Worth changing 40 gal. to 30gal. hot water tank?

Just get 220V electric shower heads and skip the tank.
Very popular in emerging market countries!

Image

http://johnnyvagabond.com/travel-tips/s ... de-shower/
by MnD
Sun Nov 05, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: International Bonds - Are they needed?
Replies: 11
Views: 712

Re: International Bonds - Are they needed?

I'm a fan, but as part of a global actively managed unhedged "go anywhere" bond fund. (Dodge and Cox Global Bond). The case for a hedged international index fund seems much weaker things like given 0.5% German and 0.04% Japanese 10-year Treasuries. I also don't care for the "biggest debtor" weighted...
by MnD
Sat Nov 04, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: FERS eligible. Do I have enough to retire now or wait till 62? Would appreciate a review of my finances.
Replies: 18
Views: 1972

Re: FERS eligible. Do I have enough to retire now or wait till 62? Would appreciate a review of my finances.

At age 55 we are in an almost identical financial situation as far as assets, pension and expenses and we will be retiring at age 56 when I am eligible or a couple months later at most. I have estimated our after-tax available income to be slightly higher with both of us not working (pension+SWR) ve...
by MnD
Sat Nov 04, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: TSP vs Social Security
Replies: 4
Views: 391

Re: TSP vs Social Security

TSP, Social security and the FERS pension are the stable 3-legged stool of federal retirement. Even better is a 4th leg to make it a chair with taxable and/or IRA's. With a whopping $15K of expenses to cover after basic pension payments I wouldn't waste time worrying about it now still 3 years out f...
by MnD
Sat Nov 04, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 529 question: Are stipends given for MD-PhDs considered as scholarships ?
Replies: 17
Views: 1486

Re: 529 question: Are stipends given for MD-PhDs considered as scholarships ?

PhD level student stipends are generally binned as earned income for work performed and the various waivers (tuition, fees) are binned as scholarships. A fully funded grad student has sufficient stipends and waivers to cover all grad school and living expenses. But I don't see why you can't at least...
by MnD
Sat Nov 04, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281622

Re: What are you up YTD? [Year To Date]

14.33% personal rate of return. 70/30, global market cap allocation on us/ex-US equity, mostly stable value on FI. Benchmark of 70% VG Total World Stock, 25% Total Bond Market and 5% VG Prime MM is +15.42%. Small cap tilt on US equity and use of stable value for most FI easily accounts for the 109 b...
by MnD
Tue Oct 17, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: 30th Anniversary of October 19, 1987 stock market crash
Replies: 36
Views: 3028

Re: 30th Anniversary of October 19, 1987 stock market crash

We started systematically investing in July 1986 (both age 24) so didn't have big bucks in the market by Oct 1987. By careful reading of Money Magazine and getting advice from my dad "to invest 50/50 cash and the market" we were mailing checks in monthly in a 50:50 ratio to Vanguard Money Market Pri...
by MnD
Sun Oct 15, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 480
Views: 44731

Re: Picking College and College Scholarships

Update on the State U route for STEM undergrad and grad school for high performing student. Over 2 years in at grad program. Passed her qualifying exams so officially now a PhD candidate. Has published papers and presented at several national and two international conferences. She loves grad school....
by MnD
Sat Oct 14, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 14322

Re: What's your asset allocation and why?

IPS: AA 70/30, global market cap on US/ex-US equity, small cap tilt for US, rebalance when FI goes outside 27.5%-32.5% range. Current: 37.1% US Stock (small cap tilt) 33.6% Ex-US Stock (no tilt) 29.3% Fixed Income (75% stable value, 25% active global bond) 12 funds, 2 stocks, Weighted ER: 0.12% Why?...
by MnD
Mon Oct 09, 2017 11:55 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 12163

Re: 100% in bond to wait for market crash?

I'm liking all these fear threads.
by MnD
Mon Oct 09, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 126
Views: 15430

Re: TSP to Vanguard?

Near-retirement - TSP C, I, G and S are our our core holdings although we have several other accounts elsewhere. Most of our holdings outside the TSP are in emerging market, small cap international and global bond funds. We use an account aggregator to ensure everything fits together as desired. The...
by MnD
Sun Oct 08, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 4351

Re: So... What bond fund or bond-like instrument do you use?

At risk of getting my Boglehead Card suspended, I don't buy into market cap indexing for fixed income. Investing the most in the biggest debtors at any level (country, corporation, agency, state or other municipality etc.) just doesn't resonate. I'm 75% TSP G fund (stable value) and 25% Dodge and Co...
by MnD
Sat Oct 07, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: CC online purchase at BestBuy denied - related to recent credit freeze?
Replies: 22
Views: 1317

Re: CC online purchase at BestBuy denied - related to recent credit freeze?

Capital One used to routinely deny my first routine purchases whenever we went to Hawaii (something we do annually). I would call and they would unlock the card and advise me to always let them know in advance when leaving the US. :mrgreen: Chase in contrast is top-notch on fraud filtering. Not perf...
by MnD
Sat Oct 07, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9985

Re: Current Bull Market could last years

10-year annual average return for Total US Stock is 7.7% and for Total International Stock is 1.3%. Ignoring any rebalancing benefits a 50:50 equity investor got 4.5% before inflation and taxes. Not exactly a decade of "stocks on fire". 20-year returns are equally unexciting although a little more b...
by MnD
Fri Oct 06, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281622

Re: What are you up YTD? [Year To Date]

stimulacra wrote:
Thu Oct 05, 2017 12:01 am
Up 13.5%. 70% stocks, 25% bonds, 5% gold.
Up 13.5% 70% stocks, 30 % fixed income.
Global market cap on equity, mostly stable value on fixed income.
XIRR return.
by MnD
Tue Oct 03, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card budget
Replies: 10
Views: 1105

Re: Credit card budget

We take 100% of our decided upon savings out first. That savings has always been a pretty big % of income and enough to meet all of our early retirement and shorter term goals. That said, for 33 years now we have spent the remainder of our income like drunken sailors and that applied when we used ca...
by MnD
Sun Oct 01, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7219

Re: 3 stages of Financial Independence

Good list, but I would slightly modify what Timelord mentioned about there being a 'Number 4.' We can't ignore it. If the first three are Sufficiency, Comfort, and Abundance, then we must address the OMY situation as: 4. Failure to Accept — You have achieved option three, but are not convinced, or ...
by MnD
Sun Oct 01, 2017 6:21 pm
Forum: Investing - Theory, News & General
Topic: 2016 Federal Reserve Survey of Consumer Finances released
Replies: 4
Views: 884

Re: 2016 Federal Reserve Survey of Consumer Finances released

The $60K median retirement savings is conditional median (see table 3), meaning it's the median value of the 52% of households that have retirement accounts. So it's clear that the median retirement account savings of all households (including the 48% with $0) is still essentially nil. Not that $60K...
by MnD
Sun Oct 01, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 131
Views: 18624

Re: What age did you become debt free and what opportunities did it create?

Two weeks ago at age 55. I had 5 payments left but my stupid bank was going to escrow 45K worth of incoming insurance checks (for roof and siding hail damage) over the fact that they held a $5K mortgage on a 500K house. So I paid it off to avoid the escrow and now I'm going to pull all my business f...
by MnD
Sun Oct 01, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7219

Re: 3 stages of Financial Independence

We have a binary 0/1 threshold for FI. The point that we can support the same very non-frugal and comfortable financial lifestyle without the requirement to work for others that we have now while working for others. If one is forced to downsize everything financially in retirement and take on additi...
by MnD
Sat Sep 30, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7219

Re: 3 stages of Financial Independence

5) Dead - Your amazing level of financial independence awards you the title of richest person in the graveyard. N = years of retirement NH = years of retirement in an active healthy state OMY = Working one more year Each additional OMY (assuming in an active healthy state while working) will likely ...
by MnD
Sat Sep 30, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Should my wife start a 401k
Replies: 25
Views: 1221

Re: Should my wife start a 401k

Not even close - you should both max out 401-K's. At you gross income level that's a 20% savings rate. Very good but given a higher-income household - very prudent. When your wife initiates a $18K pre-tax 401-K, the hit to your household take-home income will only be about $12K. At your age, income ...
by MnD
Thu Sep 28, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4593

Re: Which bogleheads have a "high need to take risk"?

Hulbert1! This is an awesome post and I wish you and your wife the best. You had a plan and it seems to have worked out very well, especially for your earnings level while working. Sounds like your ace in the whole are low expenses so no worries. Maybe sell a little (10% 15% ?) of that facebook ever...
by MnD
Mon Sep 25, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is Personal Capital Wrong about 529 Plan Beneficiaries?
Replies: 15
Views: 1700

Re: Is Personal Capital Wrong about 529 Plan Beneficiaries?

Personal Capital is a nifty account aggregator but I've always completely ignored their research/blog/advice etc.
Very weak relative to the aggregation services.
by MnD
Sun Sep 24, 2017 10:29 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4819

Re: Research Associates Model Portfolios: ZERO % US stocks

i can't decide which is more brilliant. The 0% non-US stock argument or the 0% US stock argument. So I roughly split the difference using this "market cap index thingy" which is current at 52% US stock and 48% ex-US stock. Crazy I know - why would any Bogleheads follow a market cap weighted index ap...
by MnD
Sun Sep 24, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 68
Views: 5848

Re: What is FI if you love your job? [Financial Independence]

Loving your job isn't an entitlement and not something that's necessarily persistent. I loved my job for decades until 3 years ago. Many things have changed since them, all related to my employer and nothing I have control over. I pretty much hate it now and will be leaving within 2 to 13 months in ...
by MnD
Sat Sep 23, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 97
Views: 9696

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

Why not push everyone over and be done with the legacy mutual fund account model? Incrementally it costs more and more per old style account to maintain the old system as it is depopulated. It's not like someone with 5 Vanguard mutual funds now in a VG brokerage account is going to get mad and switc...
by MnD
Sat Sep 23, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any retirees underestimate how much they need?
Replies: 1
Views: 698

Re: Any retirees underestimate how much they need?

Given how low retirement savings are in this country on average , it is hard to believe that so many can afford comfortable retirements at relatively young ages. Bogleheads aren't average (or median). Median household retirement account savings $8000 (ages 50-55) $17000 (ages 56-61). I don't see an...
by MnD
Sat Sep 23, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7595

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

Pension
Social Security
7-figure 100% equity portfolio with 3% SWR

Probably a better situation than 99% of 70 YO retirees.
by MnD
Sat Sep 23, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Struggling with tax implications
Replies: 22
Views: 2624

Re: Struggling with tax implications

You don't need to have your taxable managed as a conservative bond-rich sub-account because you might spend some. We have a 100% equity taxable account. If I want to spend say $50K of "fixed income" I sell 50K of equity in taxable and withdraw it and simultaneously buy 50K of equity in tax-sheltered...
by MnD
Thu Sep 21, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 4348

Re: measurement of success of investment(s)

I have 7 accounts and 18 individual positions (funds, stocks, etf's, cash), 70/30 stock to fixed income+cash ratio, global market cap in equities. I compare my performance to the most simple real world construction of my asset allocation which is 70% Vanguard Total World Stock (VT), 25% Total Bond M...
by MnD
Tue Sep 19, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax is a mess
Replies: 21
Views: 3612

Re: Equifax is a mess

livesoft wrote:
Thu Sep 14, 2017 12:55 pm
What's the rush anyways? I prefer to let others blaze this trail for me and then hike along the well-worn path in a few weeks. This way these agencies have a chance to work most of their bugs out.
Travel via stampeding herd doesn't get the best reviews for comfort and enjoyment.
by MnD
Tue Sep 19, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Online Bill Pay Security: Push or Pull?
Replies: 102
Views: 4826

Re: Online Bill Pay Security: Push or Pull?

For everything possible, autopay in full pull charge to one of 4 credit cards to maximize points/cash back. Then funnel those four credit card payments (from blue-chip CC issuing banks) as Autopay in full statement balance on the due date pull from checking. All due dates set/adjusted to the same da...
by MnD
Mon Sep 18, 2017 11:16 pm
Forum: Investing - Theory, News & General
Topic: Help! - How to improve small company 401k?
Replies: 19
Views: 1818

Re: Help! - How to improve small company 401k?

So my question is this: How do I, as the spouse of an employee, approach the management about improving the 401k? You as the spouse of an employee should not even think about approaching the management on this or any other issue. Your spouse and her employer are primarily in a voluntary arrangement...
by MnD
Sun Sep 17, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7195

Re: Distressing news -> Flight to Safety ?

@MnD I don't use TBM because of ideas presented by Larry Swedroe and Jack Bogle. I avoid EM when I can because it would be such a small amount of my portfolio and I don't need the worry however small or unlikely any risk may be. Whether "distressing news" has been properly priced is unknowable unti...
by MnD
Sat Sep 16, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7195

Re: Distressing news -> Flight to Safety ?

All the information and conjecture you have plus much more is priced into treasury, agency and corporate bonds. Your "event" might indeed happen and prices may move the opposite of your expectations. That's really common actually. So for this to work you have to be right about the event, right abou...
by MnD
Sat Sep 16, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7195

Re: Distressing news -> Flight to Safety ?

You we speaking as though the effect would be an unknown for 3-6 months, I would see it is more like a 1 month period at most, starting a week before landfall. My time frame estimate was based on Washington dysfunction but I didn't want to get into forbidden territory so I used the broader "distres...
by MnD
Sat Sep 16, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7195

Re: Distressing news -> Flight to Safety ?

And you will then move back into TBM when Washington is functioned like a well-oiled bipartisan machine, international bad guys all throw in the towel and are replaced with enlightened and benevolent democratic leadership and the weather and climate is just perfect coast to coast and will stay that ...