Search found 1394 matches

by 1210sda
Sat Aug 25, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13359

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: 1051
Views: 82166

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: 3416

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: 3416

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: 3416

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: 9796

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: 9796

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: 3662

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: 9796

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: 14468

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: 6957

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: 3662

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: 1213

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: 9796

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: 2067

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: 1898

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: 1898

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: 5239

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: 2949

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: 2949

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: 5208

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: 7612

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: 2248
Views: 1422307

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: 2602

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: 2879

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: 3431

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: 3431

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: 210
Views: 35199

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: 3431

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: 3431

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: 21624

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...
by 1210sda
Thu Jun 21, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Fund
Replies: 16
Views: 2024

Re: Vanguard Total International Fund

yousha wrote:
Thu Jun 21, 2018 4:37 pm
I am disappointed at its performance over the years (5). Interestingly, many financial "experts" continue to recommend it. Why?
If all your investments are doing well at the same time, you aren't properly diversified.

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by 1210sda
Thu Jun 21, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3565

Re: is Ed Jones always bad news?

I've seen mostly reasonable portfolios posted here from EJ. Lots of American Funds. The problem for us DIY'ers is the advisory fees, fund fees and loads. This could add up to 2%. When you've planned to take 4% (or less) of your portfolio as a safe withdrawal rate in retirement, giving 2% to EJ seem...
by 1210sda
Wed Jun 20, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 14466

Re: Oh my! Cardone says we need $10m net worth

Where did this Cardone guy come from? Prior to the OP's post, I had never heard of him.

Surely not one of the "giants" in the industry.

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by 1210sda
Tue Jun 19, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 1010

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

As to income from VTMBX, were they pretty consistent in the amount of tax exempt and the amount of taxable dividends from year to year? That's a good question. I don't have my mother's statements but glancing at her tax returns it seems that they don't vary more than about 10% from year to year (wh...
by 1210sda
Tue Jun 19, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 1010

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

Reading some of the data on the fund, it almost seems too good to be true. Hope not. What is it about the fund that almost seems too good to be true? I have never owned shares of the fund, but I have investigated it. It looks as if recently about 60% of its distributions are federally tax-exempt, w...
by 1210sda
Tue Jun 19, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 968

Re: Arrangements for spouse to manage investments on death

I have our financial house in order and hope to retire in 3 years @ 55. Have a 401k, 2 Roths and a taxable account all invested in index funds. The taxable account will be the hardest to deal with. You'll have to balance tax in-efficiency against simplicity. 1210 And I can't do it due to unrealized...
by 1210sda
Tue Jun 19, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 968

Re: Arrangements for spouse to manage investments on death

corn18 wrote:
Tue Jun 19, 2018 11:34 am
I have our financial house in order and hope to retire in 3 years @ 55. Have a 401k, 2 Roths and a taxable account all invested in index funds.
The taxable account will be the hardest to deal with. You'll have to balance tax in-efficiency against simplicity.

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by 1210sda
Tue Jun 19, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 1010

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

My mother holds a small amount of this fund. She would actually be upset if she knew that it partially invests in stocks but what she doesn't know won't hurt her. She will never sell it or buy more because she wants to keep everything the way my father left it. I talked my father into buying it abo...
by 1210sda
Tue Jun 19, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 1010

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

Thank you David. I'm aware of your views from previous posts. One of my suppositions is that the principal would not be touched except by my heirs. We've made the decision to have a balanced fund in taxable for a variety of reasons. What I'm doing is comparing the differences between three of them.....
by 1210sda
Mon Jun 18, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 1010

Seeking input from folks invested in Van. Tax Managed Balanced Fund

Anyone who is invested in VTMFX, can you tell me your experiences with it?

In particular the income from the fund and the tax-ability of that income.

Reading some of the data on the fund, it almost seems too good to be true. Hope not.

Thanks

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by 1210sda
Mon Jun 18, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 2393

Re: Vanguard Balanced Index Fund Admiral Shares (VBIAX)

Is Vanguard Balanced Index Fund Admiral Shares (VBIAX) a horrible choice for a taxable account? For me,"it depends". In principle, fixed income belongs in tax advantaged. I agree with that. But, I have special circumstances which may apply to you as well. Currently we use the 3 fund portfolio with ...
by 1210sda
Sat Jun 16, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 134
Views: 12433

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Except that the American Funds that he recommends have done quite well even after paying the loads. Once again, "When" he made the recommendation is critical. 1,Did he recommend them many,many years ago when their performance history was not great and then they became great? 2. Or, is he recommendi...
by 1210sda
Fri Jun 15, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4535

Re: Are Bogleheads smarter than the bond market?

Is that what your Investment Policy Statement says, ....switch to shorter maturity/duration bonds when interest rates are going up??

Mine says.....stay the course.

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by 1210sda
Fri Jun 15, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 134
Views: 12433

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Apparently, DR doesn't understand the role of fixed income investments in a portfolio.

OTOH, they seem to be ok in a balanced fund!

Go figure.

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by 1210sda
Thu Jun 14, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Will Vanguard/Fidelity automatically deduct QCD from RMD?
Replies: 27
Views: 2685

Re: Will Vanguard/Fidelity automatically deduct QCD from RMD?

Not too long agom making a QCD required calling Vanguard and having the rep create it. Now, (not sue when it started), I can do it online. In the "2. Where is the money going?" section, click on "Send me a check" and a box appears asking if this is a QCD. When you click on that, you are able to type...
by 1210sda
Mon Jun 11, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 134
Views: 12433

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

i have no doubt that certain funds have beat the market over the years. Picking them after the fact is quite easy. I'm just asking if dr can show that he actually made these investments back then, as opposed to laying claim to them only today.
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by 1210sda
Mon Jun 11, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 134
Views: 12433

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

are his boasts all anecdotal, or has he ever provided audited statements ??

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by 1210sda
Fri Jun 08, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 67
Views: 10342

Re: The Psychology of Money - A Blog Post

For me, this one stood out .....

"Wealth, in fact, is what you don’t see. It’s the cars not purchased. The diamonds not bought. The renovations postponed, the clothes forgone and the first-class upgrade declined. It’s assets in the bank that haven’t yet been converted into the stuff you see."

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