Search found 1188 matches

by 1210sda
Sun Oct 15, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 16
Views: 3265

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

I hope this qualifies as one of Taylor's investment gems.

1210sda
by 1210sda
Mon Oct 09, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Combining spouses separate accounts into one joint account. Any downsides?
Replies: 19
Views: 1405

Re: Combining spouses separate accounts into one joint account. Any downsides?

Gill wrote:
Sat Oct 07, 2017 4:01 pm
You lose the right to dispose of your property by will if it is all held jointly.
Gill
Why is this a problem?

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by 1210sda
Mon Oct 09, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 97
Views: 5115

Re: Has your "risk tolerance" been tested?

2) Job security: I remember "fondly" getting promoted to an upper upper tier leadership position, making the most money I'd ever made in my life, only to have that entire tier of leadership dissolved the next year. For my age, the statistics showed it should have taken well over year to get another...
by 1210sda
Fri Sep 29, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7004

Re: 3 stages of Financial Independence

3) Abundance - You have your basic expenses covered, you buy what you need when you need it and maybe upgrade when you do, you participate in hobbies or travel without regard to expense. The level of income your portfolio/pension/SS/etc. is expected to provide meaningfully exceeds the expectations ...
by 1210sda
Wed Sep 27, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5922

Re: My Smartest Financial Moves

1.Discovering the "Bogleheads"
2. Passive Investing
3. The Three Fund Portfolio.
4. Vanguard
(Not in order of importance) :)

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by 1210sda
Wed Sep 27, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2305

Re: Edward Jones (again)

JW-Retired mentioned that EJ is moving to a 1.35% of AUM.

Don't know how close you are to retirement, but if you were in retirement and getting charged a 1.35% fee, that's over 1/3 of the typically recommended SWR of 4%.

That's a lot of handholding.

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by 1210sda
Mon Sep 25, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 41
Views: 3042

Re: Simplifying portfolio

I strongly suggest keeping rollovers of employer plans separate from the IRA(s) in which you made a tax-deductible contribution directly into the IRA. If you should also have traditional IRAs with non-deductible contributions, those also should be kept in a third IRA. The reason involves the possib...
by 1210sda
Mon Sep 25, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11603

Re: Lifestyle Creep

If you live happily on $80k, you need $1 million to maintain that lifestyle. If you let your lifestyle creep up to $120k a year, not only are you saving less each year, but now you need $3 million instead of $2 million. So lifestyle creep counts twice against you. You have to be careful. Hi Homer. ...
by 1210sda
Wed Sep 20, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1123

Re: Asset Location: 401k All Fixed Income?

aristotelian wrote:
Wed Sep 20, 2017 9:11 am
My assumption is that they are not market timing in their taxable accounts or IRA's and they are contributing every year.
Your assumption is correct.

Thank you

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by 1210sda
Wed Sep 20, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1123

Re: Asset Location: 401k All Fixed Income?

Raabe34 wrote:
Wed Sep 20, 2017 9:01 am
Why don't you take this opportunity to reflect on the AA.
Precisely what we are doing.

Thanks again for all the valuable input.

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by 1210sda
Wed Sep 20, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1123

Re: Asset Location: 401k All Fixed Income?

grabiner wrote:
Tue Sep 19, 2017 9:32 pm
Conversely, if the only low-cost option in the 401(k) is an S&P 500 index, the expense difference is greater than any increased tax cost for holding bonds in the 401(k).
Not sure I follow.

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by 1210sda
Tue Sep 19, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1123

Re: Asset Location: 401k All Fixed Income?

Thanks to all.

This is what I was hoping to hear from fellow BH's. I felt this was the correct guidance for my kids, I just wanted to some support on this.

1210

P.S. It's good to be aware of the re balancing and capital gains issue.
by 1210sda
Tue Sep 19, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1123

Asset Location: 401k All Fixed Income?

I'm just looking for some feedback in case I'm missing something. I'm trying to guide my kids. I've taught them to start saving early. Therefore, they have a decent taxable account. If they have enough in their taxable accounts to fill their desired allocation to equities, then they should consider ...
by 1210sda
Sat Sep 16, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Could Credit Karma (app) be blocking my free annual credit report?
Replies: 13
Views: 1418

Re: Could Credit Karma (app) be blocking my free annual credit report?

I've used Credit Karma for several years without issue. It soft pulls TransUnion and Equifax reports weekly and it doesn't sign you up for any services unless you request it to. Credit freezes interfere with credit pulls and annualcreditreport.com sometimes. (Re: bold and underlined) Does that mean...
by 1210sda
Thu Sep 14, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5680

Re: "Fear of Finance?" AARP interview with Jack Bogle

Mr Bogle said on page 57 of the magazine.....If you have a return of 7 percent but paid the manager and wall street 2 percent, you'll make 5 percent...... You put up 100 percent of the cash, took 100 percent of the risk and got 33 percent of the return. [/u] Was that possibly a typo?? Shouldn't it s...
by 1210sda
Sun Sep 10, 2017 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46885

Re: Equifax customer information leak

Me too,

I now have an "enrollment date for TrustedID Premier"

Thank you Equifax. ( :annoyed )

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by 1210sda
Thu Sep 07, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: What does "beat the market" mean?
Replies: 40
Views: 1815

Re: What does "beat the market" mean?

I think I get what you're after: https://web.stanford.edu/~wfsharpe/art/active/active.htm. It is necessarily true that the average investor can't do better than the average investor. But that alone still allows for the possibility that, e.g., half of all investors beat the market in the long term, ...
by 1210sda
Tue Sep 05, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Did Charmin UltraSoft TP become "UltraThin"?
Replies: 61
Views: 3830

Re: Did Charmin UltraSoft TP become "UltraThin"?

Charmin has not been rated by CR well in the past few years. Top paper is sold by Walmart (forgot the name but its White-something and its 3-ply) followed by Northern which sometimes goes on sale in Costco. I too forgot the name. I don't normally grocery shop at Walmart, but I would make a special ...
by 1210sda
Sun Sep 03, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270430

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

The Vanguard Lifestrategy Moderate Growth Fund (VSMGX) which is a 60/40 fund had a ytd return as of 8/31/2017 of 9.77%. If you are getting more, then you have: 1. You have generated alpha or, 2. You are taking on more risk 3. Or maybe...... :wink: :happy 1210 4) you are better diversified. Lifestra...
by 1210sda
Sat Sep 02, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270430

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

The Vanguard Lifestrategy Moderate Growth Fund (VSMGX) which is a 60/40 fund had a ytd return as of 8/31/2017 of 9.77%. If you are getting more, then you have: 1. You have generated alpha or, 2. You are taking on more risk 3. Or maybe...... :wink: :happy 1210 4) you are better diversified. Lifestra...
by 1210sda
Sat Sep 02, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270430

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

The Vanguard Lifestrategy Moderate Growth Fund (VSMGX) which is a 60/40 fund had a ytd return as of 8/31/2017 of 9.77%.

If you are getting more, then you have:

1. You have generated alpha or,
2. You are taking on more risk
3. Or maybe...... :wink: :happy

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by 1210sda
Fri Sep 01, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 36012

Re: Michael Kitces 4% rule podcast on Madfientist

Thank you camper 1

Do you know if there is a transcript of the interview available ??

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by 1210sda
Thu Aug 31, 2017 4:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16941

Re: Is Bogelheads getting less interesting?

I was pondering the same question. It might be that Bogleheads is a victim of it's own success. Back in 2007 (and before that with the Diehards) it seems the flavor of the forum involved more folks who were approaching or in retirement. As we've grown in size, the age profile of the Bogleheads is mu...
by 1210sda
Wed Aug 30, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6399

Re: How do you reverse a lifetime of frugality and learn to spend some money?

Some people are helped by quantifying things by setting budgets related to a plan or model for how you expect investments, sources of income, expenses and so on to work out. If nothing else just writing things down where you can see it all in one place can help. Spreadsheets are great tools for thi...
by 1210sda
Tue Aug 29, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 4116

Re: Transitioning management of investments as cognitive ability declines

The simplicity of this appeals to me, although I don't think I'd be comfortable with a single fund. What is your concern with a single fund? Many, many BH's are using Target Date funds or Lifestrategy funds from Vanguard. Currently I use the 3 fund portfolio, but DW (and Vanguard) have specific ins...
by 1210sda
Wed Aug 23, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: Great Depression Videos on You Tube
Replies: 23
Views: 2636

Re: Great Depression Videos on You Tube

You might even get the impression that if you don't panic, and just hang on to your investments you will end up OK. Thank you JW. Yes, I was trying to get an idea (very general at that) of how a typical BH might compare to small investor of that time. According to the video, there was a lot of spec...
by 1210sda
Wed Aug 23, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: Great Depression Videos on You Tube
Replies: 23
Views: 2636

Re: Great Depression Videos on You Tube

Valuethinker wrote:
Wed Aug 23, 2017 5:10 am
S&P 500 of course did not exist, but there is data for the Dow.
Thank you Valuethinker. I wonder where Ibbotson gets his info from? They have returns for the SP500 starting in 1926.

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by 1210sda
Tue Aug 22, 2017 9:33 pm
Forum: Investing - Theory, News & General
Topic: Great Depression Videos on You Tube
Replies: 23
Views: 2636

Re: Great Depression Videos on You Tube

Very interesting videos. Does anyone know where to find stats for the 1929 thru 1932 period? (October 1929 thru Dec 1932, or if too hard to find, Jan 1929 thru Dec 1932) Things such as Total Return (or Total Loss) for the 3 or 4 year period for: SP 500 L/T Govt Bonds T Bills Inflation Real Estate . ...
by 1210sda
Tue Aug 15, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7345

Re: Dave Ramsey spends two segments on his investing advice

Using Portfolio Analyzer , since January 1987 through July 2017, the CAGR for VFINX was 10.20% and the CAGR for the DR portfolio was 10.65%. I am not sure whether this factors in the front-end load or not. DR had a slight edge in Sharpe and Sortino Ratio. Looking briefly at the annual returns bar g...
by 1210sda
Mon Aug 14, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7345

Re: Dave Ramsey spends two segments on his investing advice

Larry Swedroe has a wonderful little book (less than 100 pages) called "The Incredible Shrinking Alpha".

If reading that book doesn't convince you that active management beating passive investing is very difficult, then nothing will.

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by 1210sda
Mon Aug 14, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7345

Re: Dave Ramsey spends two segments on his investing advice

Vanguard's 500 fund has a minimal tracking error. (over 99% of the index since inception). Therefore, one can have a high degree of confidence that the fund will approximately match the market return in the future. One can't say that for an American Fund (of comparable risk). The examples being cite...
by 1210sda
Mon Aug 14, 2017 4:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 28
Views: 2771

Re: San Antonio Local Chapter Established

Email link doesn't work for me......
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by 1210sda
Fri Aug 11, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Will vs Living Trust
Replies: 59
Views: 5695

Re: Will vs Living Trust

One benefit mentioned for the trust is privacy of the finances by total avoidance of probate This is a routine pitch used to sell trusts. Probably written by the same guy who wrote the script brokers use on Bogleheads, "You don't really want just average results, do you?" Yep. Under a Will, only th...
by 1210sda
Thu Aug 10, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8550

Re: 4% Rule has changed.....not

I guess the Phd/CFP forgot to mention that many retirees have several years of expenses in "cash" and would not have had to sell any (or very little) equities during those 3 or 4 minus 20% years.

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by 1210sda
Wed Aug 09, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to title residence in a community property state (Texas)
Replies: 0
Views: 223

How to title residence in a community property state (Texas)

Because of the $500,000 capital gains exclusion on a primary residence, does it matter if it's titled as JTWROS or CPWROS?(state of Texas).??

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by 1210sda
Tue Aug 08, 2017 2:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: Celebrating 30 years with Vanguard!
Replies: 25
Views: 2246

Re: Celebrating 30 years with Vanguard!

Ah, such memories. I'm looking at my statement right now. On July 9, 1986 (31 years and almost a month ago) I invested $2,000 In the Vanguard Index Trust 500 Portfolio. Share price was $26.48, so I received 75.529 shares. Yes, the logo was indeed "The Vanguard Group of Investment Companies". This wa...
by 1210sda
Sun Aug 06, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2340

Re: Credit Card company email "Do you recognize this purchase?"

How did they manage to make a charge on a closed account? That would make me think that the account is not closed. If not, why not? Do you want it open? If so it seems that you will be exposed to other potential fraud. I'd ask some more questions. Where did you see "closed"? The OP said that it had...
by 1210sda
Sun Aug 06, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 39
Views: 3562

Re: What criteria warrants a need for Living Revocable Trust?

it's interesting how prior to ATRA 2012, one of the primary reasons for creating a trust was for estate tax purposes (By pass; credit shelter, etc.). Everything else was secondary. (Asset protection, privacy, speed, investment management, etc......). Now, with the $5.5 M exemption and with portabili...
by 1210sda
Sun Aug 06, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2340

Re: Credit Card company email "Do you recognize this purchase?"

Thank you everyone. It is resolved. I went digging through old records and found a statement from Dec 2010 (this was the last time we used the card). The last 4 digits matched the ones on the email. I called the 800# on the statement and they were able to remove the fraudulent charge. Btw, it was a ...
by 1210sda
Sun Aug 06, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2340

Credit Card company email "Do you recognize this purchase?"

I received an email supposedly from Capital One asking "Do you recognize this purchase?" It had two boxes to click on, "Everything's OK", or "Something's Wrong". It gives me the last 4 digits of a CC number. We had a Capitol One CC a long time ago. I don't recall the number on the card and I have no...
by 1210sda
Sat Aug 05, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 6139

Re: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up

I found it. From their website. "Advisory fees can range from 1%-2% of your assets. But with Schwab Intelligent Advisory, you’ll pay just 0.28% of the assets in your account, excluding cash. Get started with as little as $25,000. Larger portfolios benefit from our fee cap – that means a typical inve...
by 1210sda
Sat Aug 05, 2017 8:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 6139

Re: "Vanguard Puts Rival Firms On Notice: Fee Wars Will Only Heat Up"

DippityDoo wrote:I wonder if "every product" includes PAS.
I believe that Schwab (or is it Fidelity??) has a cap on how much they'll charge. Somewhere around $3,000.

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by 1210sda
Wed Aug 02, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 24320

Re: How much money do you need to retire?

Where you plan to retire is very important. The cost of living index for New York city is 245. The cost of living in Tucson is 122.

Source: Expatistan

So, if you feel you need $4,000,000 in New York, you'll only need $2,000,000 in Tucson.

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by 1210sda
Wed Aug 02, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3239

Re: Will my older self thank me?

Thanks for starting this thread.

It is great food for thought. Reading all the responses gives me great info to dispense to my offspring (kids, grand kids)as they progress through their young life.

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by 1210sda
Sun Jul 30, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3892

Re: How do you decide if you can afford something?

I guess "afford" means different things to different folks. Boy, ain't that the truth. I can imagine what the brain goes through in making this decision. My "governor" in this decision is my gut. I've learned in my almost 75 years that I can afford anything that my gut lets me spend on. I trust it....
by 1210sda
Fri Jul 28, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"
Replies: 42
Views: 5263

Re: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"

aspiringlawyer wrote:Risk in the market vs. risk of starting three businesses

I'll take the first.
+1
I wonder what the failure rate of small businesses is?

As a CFP, he must/should be aware that at 0.16% return, he is losing to inflation.

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by 1210sda
Wed Jul 26, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4465

Re: Grandson just got married. Wants to add wife's name to accts

When I inherited from my parents,I considered, as some recommend here,to keep it separate property.......then I realizedafter 30 yrs of putting up w/ me , DW was more than fully vested so put in the joint pot. This too was a concern. Whether to keep inheritance 1)separate, or 2)in a trust. But you ...
by 1210sda
Tue Jul 25, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4465

Re: Grandson just got married. Wants to add wife's name to accts

Regarding the commingling issues the other posters raised, my advice is to stay out of it unless you are asked for your opinion. If your new granddaughter thinks you have doubts about their relationship and it sours your relationship with her, it may backfire and result in limited future access to ...
by 1210sda
Tue Jul 25, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4465

Re: Grandson just got married. Wants to add wife's name to accts

No tax consequences, but this will likely result in "commingling" of separate (pre-marital) property and marital property. In many states, separate property is not subject to division in a divorce. Once you commingle, it's assumed to be marital property and the spouse gets a share of it in a divorc...