Search found 3778 matches

by MnD
Mon Dec 17, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Getting your own money back: annuities vs. social security
Replies: 21
Views: 1407

Re: Getting your own money back: annuities vs. social security

OASDI is a tax while working that pays for benefits to current retirees (and selected others). Social Security benefits are income while retired paid for by OASDI taxes on current workers. "Getting your own money back" analyses crosses into imaginary accounting IMO.
by MnD
Mon Dec 17, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: T-bill auction orders at Schwab without available balance?
Replies: 10
Views: 843

Re: T-bill auction orders at Schwab without available balance?

I've been lurking around for some time and this is my first post. I have a question regarding ordering treasury bills from auction (new issue) at Charles Schwab: when I tried to buy some t-bills without available balance on my account (no cash held, no unsettled funding), Schwab just do not allow m...
by MnD
Sun Dec 16, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: Was Eliminating Investor Class Shares a Mistake?
Replies: 16
Views: 2589

Re: Was Eliminating Investor Class Shares a Mistake?

Admiral and ETF classes for index funds makes Investor Share class an inferior and redundant option both within the Vanguard family and relative to competitors offerings. Which is why investors are bailing on them and why Vanguard dumped them.
by MnD
Sun Dec 16, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 231
Views: 17735

Re: What Happened to you during the Financial crisis of 2007–2008

2007 was a lot of chatter about sub-prime real estate loans but the heart of the real crisis for ordinary people was more like 2008-09, and people were still losing their homes in droves well through 2011. It really hit home for me in late 2008 when I was line at Circuit City a few weeks prior to th...
by MnD
Fri Dec 07, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12021

Re: Why Retirement Is Broken And Needs To Be Reinvented

47% of households have no retirement accounts of any kind. The median US household had financial assets (checking, savings, CD's, retirement and non-retirement investment accounts) totalling $23,500 in 2016. I don't know what the solution is but the IRA/401-K model to amass wealth adequate to bankro...
by MnD
Fri Dec 07, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12021

Re: Why Retirement Is Broken And Needs To Be Reinvented

Seriously? Do you really have no clue about this issue? Your question is utterly cruel. I know personally that my salary if being reduced to the order of several years salary over my career in order to subsidize a pension I am not part of. Pension are really not paid for by employee contributions o...
by MnD
Thu Dec 06, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 88
Views: 8421

Re: Vanguard investor class shares on their way out?

Looks like your suspicions were right. Vanguard change admiral shares of 38 mutual fund to 3k minimum and closed the investor share class on a select few https://investornews.vanguard/our-index-funds-changed-investing-forever-now-were-making-them-even-better/ :beer I wish my crystal ball worked so ...
by MnD
Thu Dec 06, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Window condensation
Replies: 15
Views: 2046

Re: Window condensation

Good advice on managing the humidity that's already in your living unit but as other have mentioned, what's under your condo? If its a dirt crawlspace and the there is no vapor barrier you likely have a chimney effect drawing an unlimited supply of soil water vapor from the soil into the living unit...
by MnD
Wed Dec 05, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 19
Views: 1898

Re: Schwab user. Where should I put my Emergency Fund?

If you want to keep everything at Schwab, one of the money market funds would be fine. SWVXX is currently 2.14%. +1 This is what I use. SWVXX and T-bills of desired duration. I have 25% in SWVXX and 75% in a 13-week T-bill ladder at 2.5% TEY (75%). but that's mainly for soon upcoming spending. If I...
by MnD
Wed Dec 05, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 40
Views: 3996

Re: Best online banking accounts?

If you have accounts at Fidelity or Schwab I'd recommend Schwab Investor checking or Fidelity CMA services that matches where your investments are. The financial complexity of having yet another institution just for banking accounts seems very unnecessary in this day and age if your brokerage has a ...
by MnD
Tue Dec 04, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Fidelity for checking account + Passive Investment
Replies: 14
Views: 1064

Re: Schwab vs Fidelity for checking account + Passive Investment

Happy with Schwab checking at 0.30% FDIC and everything free. Use the linked brokerage account for savings consisting of SWVXX money market fund at 2.13% and a 13-week 3-bill t-bill ladder at 2.5% taxable equivalent yield (for my state tax bracket). No complaints except as mentioned you have to man...
by MnD
Tue Dec 04, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5791

Re: Saving for Retirement when one has a Pension

Absent my pension (1% times years) and early retiree health benefits we would have had to save a lot more to retire now or retire a lot later - like 10 years later. Even a 30% pension is incredibly valuable - net present value can be in the 7 figures depending on age, COLA and ending salary. But unl...
by MnD
Tue Dec 04, 2018 9:55 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 343
Views: 48971

Re: Roll Call for the Retirement Class of 2018!

I made it - out the door at 5:15pm last Friday. Made a goal in 1990 to be able to retire in 2018 in my mid-50's and it worked out. Last few weeks were crazy due to a whole bunch of administrative and work process deadlines and reorg related changes coinciding with all the hand-off work to my replace...
by MnD
Tue Dec 04, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Fidelity for checking account + Passive Investment
Replies: 14
Views: 1064

Re: Schwab vs Fidelity for checking account + Passive Investment

Happy with Schwab checking at 0.30% FDIC and everything free. Use the linked brokerage account for savings consisting of SWVXX money market fund at 2.13% and a 13-week 3-bill t-bill ladder at 2.5% taxable equivalent yield (for my state tax bracket). No complaints except as mentioned you have to manu...
by MnD
Mon Dec 03, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Crawl Space Fixin's - Do you really need it?
Replies: 20
Views: 2150

Re: Crawl Space Fixin's - Do you really need it?

Do you really want to be living a few feet over a lake of stagnant filthy water in a 100% humidity (and probably condensing) crawlspace whether or not this "lake" is covered in plastic? Get a full drainage, ventilation and pump solution to completely dry it out and once it's been tested with a few b...
by MnD
Mon Dec 03, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: TSP Lifecycle funds getting less conservative
Replies: 16
Views: 1745

Re: TSP Lifecycle funds getting less conservative

Has anyone else found any DOCUMENTS (not speculative new articles or opinions) about the details/plan to move the I Fund? See these two presentations to the TSP board (FRTIB) from AON Hewitt. I believe in both cases the presented recommendations on 1) changing the I fund composition and 2) changing...
by MnD
Sat Nov 17, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: How to pick a wifi router to replace one we rent from Cox?
Replies: 20
Views: 1276

Re: How to pick a wifi router to replace one we rent from Cox?

Several years back we bought the cable modem that Costco had in the warehouse. I figured they wouldn't stock/sell something that isn't going to work with the main local ISP's and/or was "difficult", and I surmised correctly. EZ-peasy to replace the rental and works like a charm.
by MnD
Sat Nov 17, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 171
Views: 9701

Re: If riskier than US, why doesn't international outperform?

Nobody knows more than the peopie at Vanguard, but Vanguard’s decision to herd its investors like cattle into large international stock allocations has been handled poorly. The decisionmaking process prior to the sudden shift was opaque. The big announcement didn’t explain “why now”—had Vanguard be...
by MnD
Fri Nov 16, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads On Investing" podcast stats and more
Replies: 21
Views: 1761

Re: "Bogleheads On Investing" podcast stats and more

I searched for these on Spotify and it came back with nothing. Obviously this is a music-centric app but they are pushing podcasts now. Found and listened to a series from Schwab on investing biases recently titled Choiceology through Spotify - very good. I found this https://www.thepodcasthost.com/...
by MnD
Wed Nov 14, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29296

Re: [Financial] Habits of the Rich

One spouse, one house, one sled.
(Married 1985, house purchased 1991 and my lifetime wheels were/are 1977/1989/2005 pickups.)
by MnD
Wed Nov 14, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 99111

Re: How much international stock? A suggestion.

Was there not a more recent Vanguard study saying 30-40%? I wound up picking 40% based on something I read from Vanguard saying 30-40 and another study stating 40-50 was the right amount. I set mine at 40%, which also acts as enough to hedge any Japan situation (however unlikely) in the US. Of cour...
by MnD
Wed Nov 14, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 99111

Re: How much international stock? A suggestion.

Jack Bogle has struggled (for decades) on accepting ETF's as useful tools in a low-cost index fund investment strategy, so it's no surprise he also has problems with ex-US investing. It's very hard to move beyond what you built and had great success in life with. Jack Bogle gives reasons and presen...
by MnD
Wed Nov 14, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 99111

Re: How much international stock? A suggestion.

Jack Bogle has struggled (for decades) on accepting ETF's as useful tools in a low-cost index fund investment strategy, so it's no surprise he also has problems with ex-US investing. It's very hard to move beyond what you built and had great success in life with.
by MnD
Tue Nov 13, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: health savings account as federal employees
Replies: 30
Views: 10642

Re: health savings account as federal employees

I want to bump this thread since it hasn't been updated for quite a while. We're heading into open enrollment and I currently have GEHA standard deductible plan. I enjoy the flexibility of PPO so I want to stick with that. However, I am thinking of switching to HSA this year due to the tax benefits...
by MnD
Tue Nov 13, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How to deposit cash in online account with no local branch
Replies: 45
Views: 4722

Re: How to deposit cash in online account with no local branch

Several hundred? Costco will take care of this problem very quickly. If you don't have room for 8 big t-bone steaks and 72 rolls of toilet paper how about buying a a gift card for your main grocery store.
by MnD
Mon Nov 12, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 88
Views: 8421

Re: Vanguard investor class shares on their way out?

Could much of the outflows could be due to the fact that SCV is drastically underperforming the S&P lately? There wasn't any outflow for ETF and admiral class shares (quite the opposite in fact) and the same pattern held for small cap and small cap growth index funds. Look at 12/31. Inflows are slo...
by MnD
Mon Nov 12, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 88
Views: 8421

Re: Vanguard investor class shares on their way out?

lukestuckenhymer wrote:
Mon Nov 12, 2018 5:03 pm
Could much of the outflows could be due to the fact that SCV is drastically underperforming the S&P lately?
There wasn't any outflow for ETF and admiral class shares (quite the opposite in fact) and the same pattern held for small cap and small cap growth index funds.
by MnD
Mon Nov 12, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 88
Views: 8421

Vanguard investor class shares on their way out?

I noticed in the last semi-annual report for Vanguard small cap index funds, capital share transactions for investor class shares are negative while ETF and admiral share transactions were significantly positive. Given the higher expense ratios for investor shares versus admiral and ETF classes and ...
by MnD
Mon Nov 12, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8239

Re: What's everyone currently in?

Sorted by value highest to lowest...... G Fund Government Securities I Fund International Stock Index C Fund Common Stock Index S Fund Small Cap Stock Index Schwab Emerging Markets Equity ETF™ Dodge & Cox Global Bond Fund Dodge & Cox Stock Fund Vanguard 500 Index Fund Admiral Shares Vanguard Small-C...
by MnD
Mon Nov 12, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 99111

Re: How much international stock? A suggestion.

Regardless of what range is buried in some white paper, Vanguard invests 40% of their customers equity holdings in ex-US through their Target Date and Lifestrategy funds, a percentage that is also default equity allocation used in their Personal Advisor Services. Hence when it comes to managing real...
by MnD
Sun Nov 11, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4970

Re: Doing taxes by hand

Did TurboTax make software for a Commodore 64? If so, I'm sure I used it. On my hard drive, I have TurboTax files for my husband and me going back to 1995, for my folks going back to 1992. Do any of you remember printing TurboTax forms on a dot-matrix printer? Fun times. I think my main reason for ...
by MnD
Sun Nov 11, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11959

Re: If expenses are low, are some of us over saving?

We saved enough so our after-tax income in retirement (starting next month) will be roughly the same as our after-tax after-retirement savings income in the couple years prior to retirement. That clearly defines the line for us between under-saving and over-saving. "$3K" seems like a meaningless num...
by MnD
Sun Nov 11, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Would you still jump if you were ready, then the market dropped 50%??
Replies: 40
Views: 4711

Re: Would you still jump if you were ready, then the market dropped 50%??

Retiring in 19 days at age 56, 70/30 with global market cap on equities and yes, I'd still retire if the global equity market declined 50% between now and November 30, 2018. Under our withdrawal plan (% of annual portfolio balance) our gross income would drop by 18.5% with a smaller percentage than ...
by MnD
Sat Nov 10, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 99111

Re: How much international stock? A suggestion.

The one thing I think is worth challenging, however, is the repeated appeal to authority to support an argument that is both empirically and theoretically dismissible. Appeal to authority seems to be the primary go to argument in these threads posted or bumped almost daily here by those that take i...
by MnD
Sat Nov 10, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4970

Re: Doing taxes by hand

It costs the feds and states much more to support and process paper returns which also account for a disproportionate amount of returns with errors which add another layer of costs. Do society a favor and use some sort of electronic return with error checking.
by MnD
Sat Nov 03, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5092

Re: Are Bond Funds Really a Good Investment Now?

They are a much better deal "Now" versus when the 10-year Treasury was yielding ~1.4% as recently as July 2016.
Why would you be considering the merit of bond fund investment now when the future prospects (yield) is so much higher it was 2.X years ago?
by MnD
Sat Nov 03, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7839

Re: How low can BND go?

if historically intermediate term bonds have been around 4.93% (source: https://www.mindfullyinvesting.com/articles/6-what-to-invest-in/6-1-historical-returns-and-risks/) and they're currently at 3.22%...then what does that tell you about whether BND can continue to go lower? Hint: there's an inver...
by MnD
Sat Nov 03, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7839

Re: How low can BND go?

I'm not suggesting asset allocation changes or duration timing. I just hope that investors aren't surprised by the loss of purchasing power that can result from investing in a government-heavy intermediate term bond fund during times of increasing interest rates and even "normal" inflation. It's whe...
by MnD
Sat Nov 03, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7839

Re: How low can BND go?

Since July 2016 BND total return has been -2% nominal and -6.4% real. That's consistent with the fund duration and intermediate term interest rate increases since them. What the future holds is unknown but the 35-year bull market in bonds (1981-July 2016) has resulted in most current investors havi...
by MnD
Sat Nov 03, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7839

Re: How low can BND go?

Since July 2016 BND total return has been -2% nominal and approx. -6.4% real. That's consistent with the fund duration and intermediate term interest rate increases since them. What the future holds is unknown but the 35-year bull market in bonds (1981-July 2016) has resulted in most current investo...
by MnD
Fri Nov 02, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: When to get a new toilet?
Replies: 52
Views: 3907

Re: When to get a new toilet?

Our new toilets were a huge upgrade. Less water, way better flushing, never clog or threaten to overflow, chair/comfort height, one piece so no rubber gaskets between tank and bowl and super easy to clean. Compact but still elongated bowl and reasonably quiet. The innards are very simple so maintena...
by MnD
Fri Nov 02, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: HDHP vs. PPO new family
Replies: 7
Views: 377

Re: HDHP vs. PPO new family

HDHP's were phased in to benefit employers bottom lines not to benefit employees similar to the demise of pensions and replacement with 401-K's. Bogleheads do their best to turn sow's ears into a silk purses by LBYM and pouring large sums into retirement savings plans and HSA's but given the option ...
by MnD
Thu Nov 01, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Fully maxed out
Replies: 70
Views: 8157

Re: Fully maxed out

Nope - no need or desire to. We saved what was needed to reach our retirement income goals of roughly the same very non-frugal lifestyle in retirement versus working by our mid-50's and spend the rest like drunken sailors. Increasingly spending is on quality experiences although we don't hesitate on...
by MnD
Wed Oct 31, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5756

Re: Tax refunds expected to be 26% more in 2019

alfaspider wrote:
Wed Oct 31, 2018 8:05 am
My goal has always been to pay the maximum possible without incurring a penalty. I prefer to get an interest-free loan from the government rather than provide one to it :happy
Excellent. As a fellow tax payer - I thank you! :happy
by MnD
Wed Oct 31, 2018 7:19 am
Forum: Investing - Theory, News & General
Topic: Is the growing national debt a reason to diversify with international?
Replies: 33
Views: 3432

Re: Is the growing national debt a reason to diversify with international?

Going global market cap in 2001 greatly reduces my concerns such as when a single country diverges on policies XYZ. Bought the haystack and get what the weighted aggregate market returns are. No rebalancing within equity - just set it and forget it. 9.4% equity CAGR versus 10.2% if I had made a sing...
by MnD
Tue Oct 30, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8647

Re: When to change tires; and what brand

1. When do you guys change tires ? I know that tire tread depth is 8/32 mm for a brand new tire and 2/32 mm for a completely bald tire. 10 or even 11/32nd's of an inch is decent brand new tire tread depth if you shop around. For example Michelin X-tour is 10/32. A completely bald tire is 0/32nd tre...
by MnD
Mon Oct 29, 2018 9:56 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8647

Re: When to change tires; and what brand

1. When do you guys change tires ? I know that tire tread depth is 8/32 mm for a brand new tire and 2/32 mm for a completely bald tire. 10 or even 11/32nd's of an inch is decent brand new tire tread depth if you shop around. For example Michelin X-tour is 10/32. A completely bald tire is 0/32nd tre...
by MnD
Mon Oct 29, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Rollover - Time out of market
Replies: 28
Views: 2445

Re: Rollover - Time out of market

I moved things around temporarily in my 401-K to rebalance DW's 401-K to IRA rollover. Took a few mouse clicks. I don't think it's a bad idea to cover an allocation gap, but I wouldn't stress out over it if it's not easy for an individual to do so and I certainly wouldn't incur any tax or trading co...
by MnD
Mon Oct 29, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 4988

Re: Should I co-sign for relative?

Go for it if you want a learning experience from the School of Hard Knocks.
by MnD
Sun Oct 28, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Are you too wealthy for a LIQUID emergency fund?
Replies: 29
Views: 4983

Re: Are you too wealthy for a LIQUID emergency fund?

We went 30 years with an all-stock emergency fund of 70K (built in our 20's, pre-kids, double income). Never added a dime to it and have spent a few 100-thousand from it over the decades. After all the spending it's still about 1.5X larger after inflation than it was when we set it up. Curiously the...