Search found 1329 matches

by 1210sda
Mon May 21, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Basics
Replies: 23
Views: 1940

Re: Estate Planning Basics

bsteiner wrote:
Fri May 18, 2018 10:48 am
You could include a disclaimer trust for the surviving spouse in case the surviving spouse waives anything passing to him or her upon the first spouse's death.
Bruce, are you saying that a surviving spouse can't disclaim unless they have a disclaimer trust??

1210
by 1210sda
Mon May 21, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Basics
Replies: 23
Views: 1940

Re: Estate Planning Basics

Read: Books on Wills, Trusts, and Estates Beyond the Grave: The Right Way and the Wrong Way of Leaving Money to Your Children (And Others) https://www.amazon.com/gp/product/0887307035/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 Thanks for the book recommendation, I just ordered it. Be aware of the p...
by 1210sda
Sun May 20, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Wow! Just discovered "Portfolio Visualizer".
Replies: 6
Views: 2337

Wow! Just discovered "Portfolio Visualizer".

I'm kind of late on this, but I just discovered PV. Just so many tools. It's hard to know where to begin. Out of curiosity, I first tried the "Historical Efficient Frontier". I used both the Boglehead's 3 fund portfolio and Stocks/Bonds 60/40 (essentially the Vanguard Balanced Index Fund). Wanted to...
by 1210sda
Thu May 17, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1170

Re: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??

Nisi,

Thanks so much. :D I always look forward to your responses. You must have been a school teacher in a past life.

1210
by 1210sda
Thu May 17, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1170

Re: Is Vanguard's Tax Managed Balanced Fund (VTMBF) truly passive/Index??

pkcrafter wrote:
Thu May 17, 2018 10:00 am
VTMFX is the ticker, and no, it is not a passive, index fund.
Paul
Thanks Paul, I corrected the ticker.

1. Would you say that it's "almost" an index fund?
2. For those of us who believe in the passive philosophy, do you consider this a major "no no"?

1210
by 1210sda
Thu May 17, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1170

Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??

Based on it's investment strategy, is VTMBF truly an Index/Passive fund?? Investment strategy The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 7 and 12 years. At least 75% of the municipal bonds p...
by 1210sda
Tue May 15, 2018 10:12 am
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 2543

Re: How did you fall in love with investing?

My involvement with personal finance and investing began in the mid-seventies. 1. Even though it may be considered irrelevant today, back then Money magazine was one of the few places to learn about investing. Because of Money, I made my first index fund investment...Vanguard Index Trust, 500 Portfo...
by 1210sda
Tue May 15, 2018 9:55 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 8938

Re: Yes, I'm 89 all right!

HAPPY BIRTHDAY, JACK!! You have got to be the most selfless person ever. I have the greatest admiration and respect for you. In this world of mutual fund billionaires (the Johnson's, etc.) you could have been the biggest among them. Yet, you chose to give back to all the "little guys". There has got...
by 1210sda
Wed May 09, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis: Average Cost at Vanguard. Can I change to Specific ID
Replies: 2
Views: 432

Cost Basis: Average Cost at Vanguard. Can I change to Specific ID

I have shares of VTSAX (Vanguard Total Stock Market Admiral) in a taxable account. I had selected Average Cost for my cost basis method. I would like to change this method for future purchases and sales to Specific ID. Do I have to do anything at the time of the future purchase, or does this only co...
by 1210sda
Tue May 08, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 97
Views: 10554

Re: Total Bond - SEC yield breaks 3%

Short term Investment Grade Admiral (VFSUX) has an SEC yield of 3.05% and an average duration of 2.6yrs.

1210
by 1210sda
Tue May 01, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 15652

Re: Trinity Study updated to 2018

First thing to notice is that actual spending varies a lot from year to year. Instead of going up 2% or 3% per year like the CPI model would indicate, actual spending goes down -15%, up +30% etc. Grayfox, What was the reason for such large variances in spending? Is this something that could be plan...
by 1210sda
Tue May 01, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 15652

Re: "Safe Withdrawal Rates? Complexity vs. Simplicity"

If I recall, Taylor's method was the 'common sense' approach; withdraw as much as you need and as you think your portfolio can support. To some this might be a "common sense approach". To others it might be a "seat of the pants approach" While we should not blindly follow a mathematical model of sp...
by 1210sda
Mon Apr 30, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 15652

Re: "Safe Withdrawal Rates? Complexity vs. Simplicity"

So what happened? We simply withdrew what we needed and kept an eye on our portfolio balance. Most years our balance went up and we spent the money on vacations, luxuries and charity. When our balance went down we tightened our belt and economized. Taylor: 1. How did you know that by withdrawing wh...
by 1210sda
Wed Apr 25, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: 401k only up to the match and the rest in IRA's...
Replies: 7
Views: 786

Re: 401k only up to the match and the rest in IRA's...

Thank you Bucky Badger. My thoughts were that there is no additional advantage to the employee to invest in the 401k beyond the "match". By investing any additional desired savings in an IRA (say at Vanguard), you would have the ability to invest in low cost mutual funds and without having to pay a ...
by 1210sda
Wed Apr 25, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401k only up to the match and the rest in IRA's...
Replies: 7
Views: 786

401k only up to the match and the rest in IRA's...

Recently read a recommendation to contribute to your 401k only up to the match and any additional savings to an IRA. The company's 401k program had limited choices and was expensive. Is this a sound recommendation ? If you have a 401k at work, how much more can you contribute to an IRA (either tradi...
by 1210sda
Sun Apr 22, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30708

Re: KF's simple rules to achieve FI

Folks, As I had said right at the beginning of the thread, the difference between saving at a high level or not comes down to the big purchases: house, car, and college education. This is true for many folks. At my level, it is usually the house. KlangFool Yep! I would add....Private school (K-12),...
by 1210sda
Fri Apr 20, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9156

Re: NYT article: Everyone should hire a financial planner

There may be times when you need a financial planner and times when you don't need a financial planner.

But if you don't know whether you need a financial planner, you need a financial planner.

1210
by 1210sda
Fri Apr 20, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4911

Re: Factor in evaluating Physicians

daveydoo wrote:
Fri Apr 20, 2018 3:21 pm
But when you are bought and paid for by a drug (or other) company, you are not objective.
How is the patient suppose to know if his/her physician was "bought and paid for by a drug (or other) company"?

1210
by 1210sda
Fri Apr 20, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4911

Re: Factor in evaluating Physicians

Wow! One of my physicians is on the list for big bucks. Mostly "promotional speaking/other" and "consulting". I am concerned about damaging our relationship (which is quite good right now) by questioning him on this. What I will use this information for is to keep a wary eye on any brand name drug r...
by 1210sda
Wed Apr 18, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8717

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

1. SWR takes inflation into account. 2. Based on 4% SWR for 30 years, 2.5% SWR seems acceptable for 50 years. 3. You have no desire to leave an inheritance. (unless your portfolio does better) 4. You'll be getting social security at age 62 to 70. 5. You'll be on medicare at age 65 6. Hopefully you h...
by 1210sda
Tue Apr 17, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 7069

Re: Help me explain why pre-tax investing can help when retiring in same bracket

When even Bogleheads have a hard time with this, it's no wonder you are having a hard time explaining to your friends. (I'm assuming they are non-BH's).

1210
by 1210sda
Sat Apr 07, 2018 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 4570

Re: Who uses the 3 fund portfolio ?

I used a basic 3 or 4 fund portfolio for a number of years. A few months ago I started to switch accounts to a Vanguard LifeStrategy fund that was close enough to my desired asset allocation. I had no issue myself with the 3 or 4 fund portfolio, I didn't mind re-balancing. I am switching to a fund-...
by 1210sda
Fri Apr 06, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 4570

Re: Who uses the 3 fund portfolio ?

Other than a couple of local bank accounts, my entire portfolio is in the 3 fund portfolio (along with Prime MMF). I'm in my 17th year of retirement. It wasn't always this way. I began investing over 35 years ago. I made plenty of mistakes along the way (especially at the start). I gradually evolved...
by 1210sda
Sun Apr 01, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - planning for worst, hoping for better
Replies: 37
Views: 2240

Re: 4% SWR - planning for worst, hoping for better

There seem to be a lot of interesting interpretations of the 4% rate here. As I've pointed out in other threads, I don't think a lot of Bogleheads would be on board with someone retiring with a 6% SWR just because a few months before they could have retired with a 4% SWR, even though that's what th...
by 1210sda
Fri Mar 30, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Tax Advantaged Investment Calculator
Replies: 19
Views: 930

Re: Tax Advantaged Investment Calculator

Ok, I agree. The income needed to fill the O% and 10% brackets is $43,050. ($43,050-24,000=$19,050; Tax is $1,905) Therefore, $43,050 divided by 4% = $1,076,250. What about if you have say a pension of $30,000. $43,050 less $30,000 = $13,050. $13,050 divided by 4% = $326,250. Am I missing something...
by 1210sda
Fri Mar 30, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Tax Advantaged Investment Calculator
Replies: 19
Views: 930

Re: Tax Advantaged Investment Calculator

Ok, I agree. The income needed to fill the O% and 10% brackets is $43,050. ($43,050-24,000=$19,050; Tax is $1,905) Therefore, $43,050 divided by 4% = $1,076,250. What about if you have say a pension of $30,000. $43,050 less $30,000 = $13,050. $13,050 divided by 4% = $326,250. Am I missing something ...
by 1210sda
Fri Mar 30, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Tax Advantaged Investment Calculator
Replies: 19
Views: 930

Re: Tax Advantaged Investment Calculator

Sorry, I didn't write what I meant. When I said "tax advantaged account", I really meant to say "traditional ira".

Does that change anything?

1210
by 1210sda
Fri Mar 30, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: Tax Advantaged Investment Calculator
Replies: 19
Views: 930

Re: Tax Advantaged Investment Calculator

Because the first $600k of tax-deferred assets will produce an annual income of around $24k (4%). For a married filing jointly couple, that is equal to the standard deduction, meaning that they will pay zero Federal income taxes on it (aside from Social Security, if applicable yet). There's no way ...
by 1210sda
Tue Mar 27, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: DFA Funds Direct Access w/o Advisor ? John Hancock
Replies: 15
Views: 2074

Re: DFA Funds Direct Access w/o Advisor ? John Hancock

Blue, Vanguard LifeStrategy Moderate, a 60/40 fund based on total market index funds. Red, the Bill Schultheis Coffeehouse Portfolio, a round-number DFA-like portfolio based on Vanguard index funds. Orange, one of Larry Swedroe's model portfolios from his 1998 book, using DFA funds. Nisi, 1. When d...
by 1210sda
Thu Mar 22, 2018 7:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisory opinion on Vanguard Total World Index Fund
Replies: 11
Views: 1722

Re: Vanguard Personal Advisory opinion on Vanguard Total World Index Fund

If you value simplicity, have you considered the Vanguard LifeStrategy Moderate Growth Fund (VSMGX) ? It's a 60/40 fund with holdings: Vanguard Total Stock Market Index Fund Investor Shares 36.2% Vanguard Total Bond Market II Index Fund Investor Shares* 28.0% Vanguard Total International Stock Inde...
by 1210sda
Wed Mar 21, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Maybe Ramsey is right
Replies: 43
Views: 9553

Re: Maybe Ramsey is right

From the SPIVA US Scorecard.....
Fees:
The fund returns used are net of fees, excluding loads.


1210
by 1210sda
Tue Mar 20, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 5964

Re: Retirement will cost the average American $828,000

I don't particularly like Motley Fool and that's a dim article anyway. Unclear if it includes things like pensions and SS. And I spend considerably more than their $46,000/year in retirement... Yep, "dim article" !! Author is planning for an "average" 18 year retirement. That's to age 83. If that's...
by 1210sda
Mon Mar 19, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 5964

Re: Retirement will cost the average American $828,000

I don't particularly like Motley Fool and that's a dim article anyway. Unclear if it includes things like pensions and SS. And I spend considerably more than their $46,000/year in retirement... Yep, "dim article" !! Author is planning for an "average" 18 year retirement. That's to age 83. If that's...
by 1210sda
Sun Mar 18, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 8399

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

It seems you had an expectation of what you wanted to hear from the BH forum and are disappointed to be hearing something very different. Agree with D&G. Appears you had your mind made up before you posted and were seeking confirmation from the BH's. Just didn't happen because the problem is obviou...
by 1210sda
Fri Mar 16, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How does everyone here earn so much?
Replies: 131
Views: 7275

Re: How does everyone here earn so much?

$300k in NYC/BOS/CHI/Bay vs $90k in ATL/CLT/DAL/JAX might be closer than you think .... I agree with the above. First, you shouldn't be comparing salaries. But, if you are so inclined, then you need to make some adjustments. Salary by itself is not necessarily a meaningful guide. Adjustments should...
by 1210sda
Thu Mar 08, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard’s online RMD tool updated to facilitate QCDs
Replies: 21
Views: 1466

Re: Vanguard’s online RMD tool updated to facilitate QCDs

In my version of Vanguard's website..... First, click on your IRA. Click the "Transact" button to get drop down box for Buy/Sell/Exchange. Click on "Sell". You are asked "Where's the money coming from?" Click appropriate holding. Then you are asked Where's the money going? On the drop down box, choo...
by 1210sda
Wed Mar 07, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 18179

Re: Is Cash Trash? The Purpose of Cash

Using expected returns of 1.5% for cash, 3.0% for bonds and 7.0% for equities, I got the following. A $1,000,000 portfolio with a 60/40 AA would have a return of $54,000. A $1,000,000 portfolio with a 60/35/5 AA would have a return of $53,250. A $750 difference on a $1,000,000 portfolio for one year...
by 1210sda
Wed Mar 07, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 25205

Re: Where to buy a Vanguard hat? An Update and good news

What is the connection between Vanguard and "#investing like a boss" that's on the free coffee cup?

1210
by 1210sda
Sat Mar 03, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: "Making a Difference" by Jonathan Clements
Replies: 29
Views: 3462

Re: "Making a Difference" by Jonathan Clements

Great article. I'm forwarding a copy to my kids.
1210
by 1210sda
Fri Mar 02, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 25205

Re: Where to buy a Vanguard hat? An Update and good news

I sent a private message from their Facebook page and I have a new Vanguard coffee mug on the way! They responded in less than a day. I don't know how many they have left but all I did was leave my name and address through the PM. Here's the mug: http://i63.tinypic.com/abp89t.jpg And here's the FB ...
by 1210sda
Thu Mar 01, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 237
Views: 50953

Re: A Returns Spreadsheet for Bogleheads

Thank you Longinvest for all the tools you have provided for BH's.
1210
by 1210sda
Mon Feb 19, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 17885

Re: Retirees: The common sense withdrawal method

At 71 years young , Taylor Larimore's method has worked very well for me in retirement. I think of it as "common sense" and a 'keep-it-simple-stupid' (KISS) combined approach. Bottom line- What works for me might not work for others, so I suggest the naysayers of'Taylor's method do it there way and...
by 1210sda
Tue Jan 30, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Account Permissions Page on Vanguard website: CONFUSING
Replies: 5
Views: 492

Re: Account Permissions Page on Vanguard website: CONFUSING

Does anyone else find this page confusing? So much redundancy. On one section I have "Full Authority". Below that I have "Transact Authority" and even farther down I have "View Only" authority.....all on the same account. To overcome my lack of confidence in the granted authorities, I'm going to tr...
by 1210sda
Mon Jan 29, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Account Permissions Page on Vanguard website: CONFUSING
Replies: 5
Views: 492

Account Permissions Page on Vanguard website: CONFUSING

Does anyone else find this page confusing? So much redundancy. On one section I have "Full Authority". Below that I have "Transact Authority" and even farther down I have "View Only" authority.....all on the same account. To overcome my lack of confidence in the granted authorities, I'm going to tra...
by 1210sda
Mon Jan 29, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Any 2018 Tax Estimator Sites?
Replies: 8
Views: 1282

Re: Any 2018 Tax Estimator Sites?

Not on the web, but Turbo Tax Deluxe has a "What if" function that does that.

1210
by 1210sda
Mon Jan 29, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 41907

Re: What frugal thing did you do today?

I don't mind looking maybe not "poor", but at least "not rich".

It's part of my backup Umbrella Liability Policy. :D

1210
by 1210sda
Sun Jan 28, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 9070

Re: WHY do wireless routers need periodic reboots?

You've chosen a poor quality router. A bit of research can help you find a reliable one. It's not necessary to buy a high end consumer router or to buy a commercial quality one to get a reliable one. I paid $50 and mine is reliable. What's the brand and model of your $50 reliable router. Need to ge...
by 1210sda
Wed Jan 24, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: The Money Show - Coming to a Town near you
Replies: 12
Views: 1336

Re: The Money Show - Coming to a Town near you

Years ago, when Jack Bogle was the keynote speaker at the Money Show in Orlando, the Money Show folks invited us to have our Bogleheads group attend. Since it was on rather short notice, we made it an "unofficial" Bogleheads Conference, and thus isn't included in the official Bogleheads Conference ...