Search found 1412 matches

by 1210sda
Thu Jan 17, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 40
Views: 3038

Re: ode to St. Jack

Thanks so much for sharing, Larry. Enjoyed seeing the framed, handwritten note from Jack.
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by 1210sda
Wed Jan 16, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 783
Views: 36772

Re: John Bogle is dead at 89

My heart sank and became very heavy when I heard. You know it's inevitable for all of us, but still you hope it won't happen.

God bless you Jack.

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by 1210sda
Thu Jan 10, 2019 5:52 pm
Forum: Investing - Theory, News & General
Topic: January "Bogleheads on Investing" podcast with Gus Sauter now available
Replies: 32
Views: 2296

Re: January "Bogleheads on Investing" podcast with Gus Sauter now available

Great interview. Thanks Rick.

Particularly liked Gus' comment that Vanguard's indexing is based more on "Sharpe Math" than on EMH.

Also interesting was hearing that Gus feels an investor should have a home country bias.

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by 1210sda
Wed Jan 02, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 116657

Re: High Earners - What's Your Profession?

Retired

Megacorp.
by 1210sda
Sat Dec 22, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: The 4% rule
Replies: 71
Views: 6539

Re: The 4% rule

Thanks for starting this thread.

Anytime I start to forget the 4% "rule", I'll just refer back to this thread.
by 1210sda
Sun Dec 16, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: 2018 Nissan Altima: $6,000 in dealer and Mfg incentives, can you still haggle?
Replies: 2
Views: 420

2018 Nissan Altima: $6,000 in dealer and Mfg incentives, can you still haggle?

A local Nissan dealer has several Altima 2.5S with MSRP of $25,000 which are being sold for $19,000. $3,000 is the local dealer's discount and $3,000 is a manufacturer's rebate. Do you think there is still room for haggling a lower price? Has anyone been able to negotiate a lower price when discount...
by 1210sda
Sat Dec 15, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 5826

Re: Law school without practicing law

Very interesting and informative thread

OP, thanks for posting. Hope you find your answer among all the input you have received.

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by 1210sda
Sun Dec 09, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, Estates and Trusts
Replies: 28
Views: 2642

Re: Wills, Estates and Trusts

Bruce you stated: "Of course in order for the revocable trust to work for this purpose, the other person has to be a currently acting trustee, not merely a successor trustee. What should one do in the following scenario: 1.Husband and Wife are co-trustees. 2. Daughter is the successor trustee 3.Husb...
by 1210sda
Sun Dec 09, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, Estates and Trusts
Replies: 28
Views: 2642

Re: Wills, Estates and Trusts

A major advantage of a living trust comes while you are alive. It can be far easier for the trustee of your trust to manage your affairs if you become incapacitated than for someone to do it under a durable power of attorney. Once you are dead avoiding probate is simply a nice bonus. It can be a bi...
by 1210sda
Mon Dec 03, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral
Replies: 5
Views: 452

Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral

I have approximately $150,000 in VFSUX with about a $3,000 loss,i.e. a current cost basis of $153,000 . (Yielding 3.44%) 1. Which Vanguard fund should I use as the substitute fund for the next 30 days to avoid having a wash sale? The best yield that I can find is VSGDX (Vanguard Short Term Federal F...
by 1210sda
Sun Nov 25, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1255

Re: Not Itemizing. Can I use Turbotax Basic? or Why not?

Turbotax Basic doesn't include a 1 state return in case you need it. Don't need state. Just asking if Basic is adequate for non itemizers. (therefore, don't need "it's deductible"). Maybe I'm missing something, but it would seem with the new standard deduction, a lot of taxpayers could get by with ...
by 1210sda
Sat Nov 24, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1255

Re: Not Itemizing. Can I use Turbotax Basic? or Why not?

Thank you.

Was this just a recommendation?

Was this true of the CD or the download also?

Was Basic not able to generate the appropriate form(s)?

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by 1210sda
Sat Nov 24, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1255

Not Itemizing. Can I use Turbotax Basic? or Why not?

Due to the larger standard deduction, I will not be itemizing for the first time in quite a while. I would like to use Turbo Tax Basic 2018 this year.

What circumstances would make this a bad (or at least non-optimal) choice?

Thanks

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by 1210sda
Sat Nov 10, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 85
Views: 10115

Re: Amazon says TurboTax 2018 will be released November 12

I use H&R Block's software on a Mac, and the 2018 version was available and I downloaded it last night. I think all the forms I need are there. I'm sure Intuit won't be far behind. Does the H&R B software include a "what if" worksheet? Turbo Tax includes it and it's great for doing many what if sce...
by 1210sda
Fri Nov 09, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Which Turbo Tax (for 2018) under the Tax Cut and Jobs Act
Replies: 2
Views: 612

Which Turbo Tax (for 2018) under the Tax Cut and Jobs Act

I, along with many, will not be itemizing for 2018. I will not have any capital gains (except for mutual fund distributions) although I am subject to taking RMD's. For this year, will Turbo Tax Basic be adequate? Does Basic include a "What if" worksheet. This is very important to me. Thanks, as usua...
by 1210sda
Sat Aug 25, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 14306

Re: 2000-2018 retirement - sequence of returns

Homer J,

Have you considered adding "cash" to the portfolio ?

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by 1210sda
Fri Aug 24, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107975

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

Incredible thread. 660 posts in 10 days and going strong. Reading this is like reading a text book. At a time when international is underperforming, it's a great reminder why I shouldn't cut and run. I'm glad I have an Investing Policy Statement. Just need to stay strong enough to follow it. Thanks ...
by 1210sda
Mon Jul 16, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3600

Re: Balanced Funds and Sequence of Return Risk

If you rebalance, then, there is no difference between the 3FP and the balanced fund. KlangFool With the 3FP, if stocks are down, you can w/d bonds. With the Balanced Index fund,for example, every w/d is 60% equities and 40% fixed income. You can't choose which asset class to withdraw from. 1210 Th...
by 1210sda
Mon Jul 16, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3600

Re: Balanced Funds and Sequence of Return Risk

If you rebalance, then, there is no difference between the 3FP and the balanced fund. KlangFool With the 3FP, if stocks are down, you can w/d bonds. With the Balanced Index fund,for example, every w/d is 60% equities and 40% fixed income. You can't choose which asset class to withdraw from. 1210
by 1210sda
Mon Jul 16, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3600

Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also help...
by 1210sda
Mon Jul 16, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10206

Re: What rate of return are you using for retirement projections?

Didn't Bengen's 4% SWR take into account SoR?

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by 1210sda
Sun Jul 15, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10206

Re: What rate of return are you using for retirement projections?

Variability of return - A statistical measure of how much your return varies over the period of time. See the wiki: Variation of returns Sequence of return risk - Over the long term, the market return will rise over time. However, it doesn't do that in a straight line. Over a short period of time, ...
by 1210sda
Sun Jul 15, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3813

Re: Like Lifestrategy Funds but???

Speaking of the 3 fund portfolio (to compare returns). It would seem, and my research might be a bit faulty but, the 10 year returns for LS 40 are 5.97% and a 40-60 3FP (3 fund portfolio) has a return of 6.39. Does that surprise anyone? Does anyone have better data for comparison? Disclaimer: past ...
by 1210sda
Sun Jul 15, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10206

Re: What rate of return are you using for retirement projections?

SQRT wrote:
Sun Jul 15, 2018 12:29 pm
How do your models deal with variability of return and sequence of return risk?
What's the difference between them?

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by 1210sda
Sat Jul 14, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 15068

Re: Early retirement

I retired the first time at age 49 from Megacorp. I remember two experiences in particular. First, my young son was telling his friend's mother that I had retired early. She looked at me with a wink and told my son...of course he did. She assumed that I had been laid off, but she would keep my secre...
by 1210sda
Sat Jul 14, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 7287

Re: Dave Ramsey made me laugh today

Since stocks will return 12% every year like clockwork, who needs bonds? Dave also says an 8% withdrawal rate is safe. Future Value of various returns (using $100,000 as the PV and a 30year term) >>>12% each and every year: 100,000 x 12% x 30 years = $2,995,992 >>>If he meant 10.5% CAGR: 100,000 x ...
by 1210sda
Fri Jul 13, 2018 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3813

Re: Like Lifestrategy Funds but???

"and it requires just a few minutes each year to rebalance." Reminds me of this old Archie Bunker episode: Archie has a TV repairman come by to fix his TV. When he's done, he presents Archie with a $50.00 repair bill (obviously a long time ago). Archie objected saying "$50 ?, all you did was connec...
by 1210sda
Thu Jul 12, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?
Replies: 17
Views: 1281

Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?

What are the factors you consider in deciding whether to file a claim for some bodywork or to pay it out of pocket. How can one determine if next year's premium will increase by more than what the insurance company pays for the claim? When does the premium increase drop ? Does it make a difference w...
by 1210sda
Sat Jul 07, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10206

Re: What rate of return are you using for retirement projections?

Using broad market ultra-low cost index funds, I would use the following nominal expected 30 year returns for planning: 2.0% inflation 2.5% cash and cash-like 4.0% intermediate-term bonds 7.0% global equities 5.5% balanced 60/40 with some cash Rick Ferri Just making sure.....global equities include...
by 1210sda
Fri Jul 06, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Active Management Justification
Replies: 33
Views: 2190

Re: Active Management Justification

I’d fire my broker. You can always find a chart or fund that looks better than an index. The thing is, you can only find it for sure in hindsight. JT Using a chart of historical performance is quite lame. Apparently this broker views his clients as naive. Thank you Jack, Taylor, Rick, Larry, Dr. Bi...
by 1210sda
Thu Jul 05, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2030

Re: "Wall Street Physician reviews The Bogleheads' Guide to the Three-Fund Portfolio"

Good info. From the review it sounds like anyone already reading this forum would have little to no benefit from the book. Yep, nothing really new, just a re-affirmation. I like it because the principles behind a three fund portfolio are all presented very concisely in one place. What I've done is ...
by 1210sda
Wed Jul 04, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2030

Re: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]

Mel Lindauer wrote:
Wed Jul 04, 2018 1:48 pm
I like John's recommendation for Vanguard to turn the three-fund portfolio into a one-fund portfolio, holding Taylor's three funds in market cap weighting in a single fund. Talk about the ultimate in simplification.
There would still be objection(by some) to this fund in a taxable account.

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by 1210sda
Tue Jul 03, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Fed survey: 40% of adults cannot cover a $400 emergency expense
Replies: 48
Views: 5351

Re: Fed survey: 40% of adults cannot cover a $400 emergency expense

SQRT wrote:
Tue Jul 03, 2018 7:36 am
Why are Bogleheads so fascinated by stories like this? Get over it. Just be happy and thankful we are so smart/lucky/disciplined.
My interest in stories like this is because it allows me to show my kids what can happen in life.

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by 1210sda
Mon Jul 02, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 3046

Re: Retirees- How hard is it to dial spending down/up?

OP(Poultryman); You've gotten some pretty good advice from the BH posters. I would only add....if you intend to cut back because of a negative market, when do you cut back? In January because the market was down 4% . In July when you start to think it's going to be a bad year, or in November when y...
by 1210sda
Mon Jul 02, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 3046

Re: Retirees- How hard is it to dial spending down/up?

OP(Poultryman); You've gotten some pretty good advice from the BH posters. I would only add....if you intend to cut back because of a negative market, when do you cut back? In January because the market was down 4% . In July when you start to think it's going to be a bad year, or in November when yo...
by 1210sda
Mon Jul 02, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: Robert Merton on NewRetirement Podcast
Replies: 46
Views: 5381

Re: Robert Merton on NewRetirement Podcast

The NewRetirement podcast is relatively new, but Steve Chen has had an all-star lineup thus far - Bill Bernstein, Jonathan Clements, Allan Roth, Big ERN, Morgan Housel, and Chris Mamula Continuing the trend, Robert Merton is the guest on today's episode. I got about half way through it on my drive ...
by 1210sda
Wed Jun 27, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7985

Re: Are we just way over complicating this?

My wife however would have a very difficult time even rebalancing the classic 3 fund portfolio. investing and math just isn’t her thing and she has absolutely no desire to be involved. how quickly adverse things can happen in life and how quickly I may be out of the picture. For me, this is the mos...
by 1210sda
Wed Jun 27, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2352
Views: 1488167

Re: The Three-Fund Portfolio

Leesbro63: VTEBX/VTEAX (Tax-Exempt Bond Index) charges a 0.25% load on non-ETF shares. I'd probably go for VWITX (Intermediate-Term Tax-Exempt) or possibly a State Tax-Exempt Fund. We're dancing on the head of a pin. Best wishes. Taylor Is there anything wrong with using the ETF on this? 1210
by 1210sda
Tue Jun 26, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: The cost of reducing portfolio volatility
Replies: 25
Views: 2725

Re: The cost of reducing portfolio volatility

Interesting analysis. Thanks for posting. Thus. . . a middle ground approach: Outstanding write up on the 64/40 allocation by Bernstein. http://web.archive.org/web/20061214061904/http:/dfmadvisors.com/pdf/Bernstein6040.pdf R. Ferri on Bernstein's 60/40 http://www.etf.com/sections/index-investor-cor...
by 1210sda
Sat Jun 23, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2960

Re: Taxes from dividends getting high.. how to handle?

OP, Lots of good suggestions from fellow BH's. If you still need more ideas, try the Vanguard Tax Managed Balanced Fund. (dependent on how high your tax bracket is, that you have at least $10,000 to invest, and can accept the~50/50 asset allocation). Div yield is a little over 2%.....>than 1% in QDI...
by 1210sda
Fri Jun 22, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3550

Re: Why Active can never beat Passive

But aren't the "scared out passive investors" really active investors? They may be reluctant market timers? Doesn't passive mean passive all the time? 1210 The most common definition I’ve seen sums up the money in “passive” vehicles which I agree can be traded actively. For your strict definition o...
by 1210sda
Fri Jun 22, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3550

Re: Why Active can never beat Passive

But aren't the "scared out passive investors" really active investors? They may be reluctant market timers?

Doesn't passive mean passive all the time?

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by 1210sda
Fri Jun 22, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 227
Views: 40065

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

It's all crazy and across the board. I placed my order on June 1, 2018 and my estimated delivery is between Jul 2 and July 9.

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by 1210sda
Fri Jun 22, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3550

Re: Why Active can never beat Passive

There are plenty of unsophisticated individual investors holding tilted portfolios, and the alpha of actively managed funds could potentially come from preying on them. Larry Swedroe says that a skilled asset manager can generate a small amount of alpha on a gross return basis, but only by exploiti...
by 1210sda
Fri Jun 22, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3550

Re: Why Active can never beat Passive

To me, alpha is additional return "without" additional risk. As Larry Swedroe points out in his book "The Incredible Shrinking Alpha", alpha is becoming increasingly difficult to attain. Larry says that a skilled asset manager can generate a small amount of alpha on a gross return basis , but only b...
by 1210sda
Fri Jun 22, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 22255

Re: Can you retire on $2M?

Is $2m total net worth or retirement portfolio value? Do you own or rent (renters are subject to greater inflation risk than home owners?) Portfolio value. Not including retirement accounts. Hypothetical. This is interesting, " not including retirement accounts". Many folks have the bulk of their n...