Search found 206 matches

by randomizer
Thu Feb 16, 2017 1:24 am
Forum: Investing - Help with Personal Investments
Topic: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?
Replies: 50
Views: 2195

Re: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?

Simplicity is a desirable attribute too. I probably would have gone for fewer funds.
by randomizer
Sat Feb 11, 2017 5:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 245
Views: 8289

Re: Your USER NAME...what does it mean?

Mine means nothing. Sorry there isn't a more interesting story behind it.
by randomizer
Sat Feb 11, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: How Much Cash Do You Actually Hold?
Replies: 101
Views: 8303

Re: How Much Cash Do You Actually Hold?

No cash apart from the emergency fund, which is regrettably only about two months of expenses. Perpetually trying to get it up towards 4 months but no success over the last three years. Ideally would get it up around 6 months' worth. Maybe one day, but HCOL makes it very hard.
by randomizer
Fri Feb 03, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Sell everything to establish 3-fund portfolio?
Replies: 7
Views: 616

Re: Sell everything to establish 3-fund portfolio?

All at once. It will take a while anyway to get everything consolidated.
by randomizer
Sun Jan 29, 2017 11:11 pm
Forum: Personal Consumer Issues
Topic: Input on Apple Watch-Buy or Not?
Replies: 64
Views: 3755

Re: Input on Apple Watch-Buy or Not?

Very happy here without an Apple Watch. Without any watch at all in fact. Liberating.
by randomizer
Sun Jan 29, 2017 11:09 pm
Forum: Investing - Theory, News & General
Topic: How to Reduce Your Cost of Trading ETFs
Replies: 12
Views: 1635

Re: How to Reduce Your Cost of Trading ETFs

I'm happily holding non-EFT mutual funds instead.
by randomizer
Sun Jan 29, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 3335

Re: What do you include in your asset allocation calculations?

I include anything which is a mutual fund (that means taxable account, 401k, 529s). Within that, I split into domestic equity, international equity, bonds (ie. I'm basically following the three-fund portfolio model). With respect to bonds, I have a funds-of-funds that holds both domestic and interna...
by randomizer
Sun Jan 29, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you recommend using credit karma's tax product?
Replies: 49
Views: 4266

Re: Do you recommend using credit karma's tax product?

I'm too scared of tax law to do anything other than pay a qualified accountant to do my return for me.
by randomizer
Sun Jan 29, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: Please tell me if I can afford this Porsche
Replies: 81
Views: 5162

Re: Please tell me if I can afford this Porsche

Seems like you can afford it. Will it make you happy? If so, do it. I am a little older than you, and learned a while back that owning things didn't make me happy; if anything, it made me feel worse. So I wouldn't buy it, but that doesn't mean you shouldn't. Perhaps it ends up being a mistake (you r...
by randomizer
Wed Jan 25, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance when you meet your number
Replies: 106
Views: 9685

Re: Risk tolerance when you meet your number

50:50 sounds like a good mix of safety (volatility dampening fixed income) and growth to hedge against inflation (stocks).
by randomizer
Sat Jan 21, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 5284

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

Great experience with Vanguard this year. As usual, expect to be waiting a long time for Schwab and banks...
by randomizer
Fri Jan 20, 2017 3:31 am
Forum: Personal Finance (Not Investing)
Topic: Convincing spouse to sell losing investment
Replies: 57
Views: 4206

Re: Convincing spouse to sell losing investment

Status update: fourth months pass without us discussing the subject, stock goes down a bit, stock goes up a bit, stock goes down a bit again, house purchase imminent within the coming months and the stock is still concentrated in this one company, so we decide to talk about it again. Spouse has deci...
by randomizer
Sat Jan 07, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 4132

Re: No Vanguard Customer Support on weekends

If you like Fidelity better and are comfortable with their fees, you should switch to them. Competition and choice are wonderful things.
by randomizer
Tue Jan 03, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 27984

Re: Whats your number to walk away?

I'm in my 40s, and would walk away confidently if I had 3m, but I don't expect to ever have that. At 2m would most likely be fine but there are some doubts. Unlikely to ever hit that number either. In the 1 to 1.5m range it starts to look very shaky indeed. Expecting to hit 1m some time this year if...
by randomizer
Mon Jan 02, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: Market Timing - have any REAL patterns ever been identified?
Replies: 39
Views: 3140

Re: Market Timing - have any REAL patterns ever been identified?

The (classic) "Stocks for the long run" book has a chapter or two on patterns and how they have changed (usually lessening) over time.
by randomizer
Mon Jan 02, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: This is a good weekend to start tracking your net worth.
Replies: 69
Views: 5609

Re: This is a good weekend to start tracking your net worth.

I calculate liquid net worth every quarter. (Liquid assets only because we don't have any hard assets: no car, no house.) It's fun, at least for now, because we're accumulating quickly due to my current well-paid job, but that's not expected to last much more than a year or two, at which point I exp...
by randomizer
Sun Jan 01, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 210553

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

8.4%, according to Vanguard. Currently tracking towards 75:25 AA (started the year around 88:12) and plan to stay here a long time.
by randomizer
Tue Dec 27, 2016 6:30 am
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement?
Replies: 32
Views: 2950

Re: How do you plan for retirement?

Calculate minimum of 25x estimated annual expenses, then save as much as possible to get there (about 35% of gross income). I'm starting late though, so unlikely to get to 25x. Will just have to wing it in the end.
by randomizer
Fri Dec 23, 2016 4:38 pm
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 9127

Re: Financial Independence is not the Holy Grail

OP, There is a fallacy in his assumption. People pursuing FI because they have a terrible life and job. I have a great job. I am doing interesting stuff. But, I do not know how long my job will last. And, realistically, many of my peers in the 40s and 50s are permanently unemployed or underemployed...
by randomizer
Thu Dec 22, 2016 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance with each deposit?
Replies: 16
Views: 1285

Re: Should I rebalance with each deposit?

I do this. Simple spreadsheet. Takes only a minute.
by randomizer
Sat Dec 17, 2016 10:02 am
Forum: Investing - Theory, News & General
Topic: Which do you think is more likely to happen?
Replies: 27
Views: 2515

Re: Which do you think is more likely to happen?

but 20 years of negative real returns in retirement while withdrawing 3-4% a year would destroy a portfolio. For many people, "destroying" their portfolio (by spending it down) will be inevitable, because it seems likely we can't expect to get very much in the way of real returns going fo...
by randomizer
Sat Dec 17, 2016 9:37 am
Forum: Investing - Theory, News & General
Topic: FI planning based on current annual expense
Replies: 43
Views: 1930

Re: FI planning based on current annual expense

Seems solid, although using current expenses in the calculation is nothing more than a heuristic for dealing with something unknowable (actual future expenses): expect some things to go down, others to go up (eg. Health insurance, travel), and later in retirement things to change again (eg. Travel e...
by randomizer
Sat Nov 26, 2016 10:24 pm
Forum: Personal Consumer Issues
Topic: Black Friday - is this overdone?
Replies: 77
Views: 7247

Re: Black Friday - is this overdone?

Totally disinterested in and immune to it.
by randomizer
Fri Nov 25, 2016 1:04 am
Forum: Investing - Help with Personal Investments
Topic: Tax-loss harvesting tax-exempt funds
Replies: 12
Views: 2159

Re: Tax-loss harvesting tax-exempt funds

boglelawha wrote:I have about $500k of losses in some tax-exempt funds

:shock: :shock: :shock:
by randomizer
Thu Nov 24, 2016 5:36 pm
Forum: Investing - Theory, News & General
Topic: How often do you hit your rebalancing bands?
Replies: 31
Views: 2457

Re: How often do you hit your rebalancing bands?

Never, so far (4 years in). New contributions serve to keep everything in line.
by randomizer
Wed Nov 23, 2016 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: The Generosity of Jack Bogle - Thanksgiving
Replies: 4
Views: 731

Re: The Generosity of Jack Bogle - Thanksgiving

Giving away 0.5% of my gross income. Would like it to be more, but the odds of us missing our retirement goals are very large right now. Would need to make a lot more progress before I felt comfortable increasing the amount by much.
by randomizer
Tue Nov 22, 2016 3:00 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 461
Views: 109902

Re: Share your net worth progression

Some very approximate dates/numbers.

Code: Select all

2010:          0 (or negative)
2011:     10,000
2014:    100,000
2017:  1,000,000 (projected)
????: 10,000,000 (never)

Had a fair bit of luck in recent years. I don't expect that growth rate to continue.
by randomizer
Tue Nov 22, 2016 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8463

Re: Do you track your net worth? How long have you done so?

Yes, I do, and my spreadsheet tells me I'm 17.26% of the way towards being retired.
by randomizer
Tue Nov 15, 2016 4:36 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 13385

Re: Muni bonds are getting killed. Are you bailing out?

Apparently as a consequence of Trump becoming POTUS elect, municipal bonds are getting slammed much worse than corporate bonds and somewhat worse than treasuries. The main factors are reported to be: anticipated lowering of tax brackets, anticipated increase in inflation and an anticipated increase...
by randomizer
Tue Nov 15, 2016 12:58 am
Forum: Investing - Help with Personal Investments
Topic: I'm up 4.95 percent YTD, is that any good??
Replies: 32
Views: 3476

Re: I'm up 4.95 percent YTD, is that any good??

TMCD75 wrote:I'm not too thrilled with that number but I realize it could be worse.

Sad but true, this is good.
by randomizer
Sun Nov 06, 2016 2:02 pm
Forum: Investing - Theory, News & General
Topic: Continuous TLH Strategy
Replies: 18
Views: 1552

Re: Continuous TLH Strategy

Some good advice in here but note that even with a robust "decision tree" like the one posted by cookiemonster, there are additional edge cases to handle due to fund minimums ($10,000 for many admiral class funds, but $3,000 or $1,000(?) or $50,000 for others). I've found that given all th...
by randomizer
Tue Oct 25, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein Books
Replies: 40
Views: 3624

Re: Dr. Bill Bernstein Books

I read "Four pillars" and said to myself, what the heck did I wait so long for? I should have been reading this stuff ages ago. But then I read "Investors manifesto" and really appreciated its conciseness, directness, and post-crisis perspective. In the end when I wanted to gift ...
by randomizer
Fri Oct 21, 2016 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Bond book From Larry Swedroe
Replies: 15
Views: 5573

Re: Larry's Bond Book

Larry's Only Guide to a Winning Bond Strategy is an excellent book to learn about bonds (Sorry to resurrect an old thread but...) Just finished this one today. Was blown away by how much detail was in this book, and very accessible. Written in a clear, lucid style. Even though some tiny things in t...
by randomizer
Fri Oct 21, 2016 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting a Muni bond fund
Replies: 19
Views: 7607

Re: Tax Loss Harvesting a Muni bond fund

Yes, if you only sell shares that have been held for > 6 months, you are free to claim the full loss. Monthly dividend reinvestment generally messes that up by creating a wash sale. So by not reinvesting dividends, you avoid that issue as well. If you don't reinvest them, what are you supposed to d...
by randomizer
Thu Oct 13, 2016 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Losses in a muni bond fund
Replies: 9
Views: 2108

Re: Losses in a muni bond fund

Thanks very much for bringing this up. It was an unexpected corner case for me in the world of TLH.
by randomizer
Wed Oct 12, 2016 12:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's New Book is Available Now!
Replies: 155
Views: 16994

Re: Larry Swedroe's New Book is Available Now!

TomP10 wrote:I'll wait for the Kindle edition to become available.

Me too.
by randomizer
Wed Oct 05, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 5317

Re: What you guys do with the bonus

Top up emergency fund, which is always heading towards zero.
by randomizer
Tue Oct 04, 2016 11:39 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 13610

Re: How Did You Become A Boglehead? What Led You Here?

Read The Boglehead's Guide to Investing a few years ago on the recommendation of a friend. It strongly resonated with me. If only I'd found out about this stuff a few years earlier, things would be very different.
by randomizer
Thu Sep 29, 2016 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Financial adviser's advice
Replies: 22
Views: 2799

Re: Financial adviser's advice

There needs to be a dedicated "Getting fleeced by your financial adviser" sub-forum.
by randomizer
Mon Sep 26, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: "Finance is not the economy"
Replies: 3
Views: 691

"Finance is not the economy"

From The Journal of Economic Issues, Vol. L No. 3, September 2016 : To explain the evolution and distribution of wealth and debt in today’s global economy, it is necessary to drop the traditional assumption that the banking system’s major role is to provide credit to finance tangible capital investm...
by randomizer
Sat Sep 24, 2016 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: bonds in taxable account?
Replies: 6
Views: 823

Re: bonds in taxable account?

The SEC Yield on Vanguard Massaschussets Tax Exempt fund is 1.57%. Vanguard Intermediate Term Tax Exempt (VWIUX) is yielding 1.42%, or 1.34% after MA tax is taken out. That's a small difference for a fund that is:: 1. Better diversified (less credit risk) 2. Shorter duration and maturity (less term...
by randomizer
Fri Sep 23, 2016 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: I want to remotely open a US bank account as a Non Resident Alien. Which banks can facilitate this?
Replies: 10
Views: 1049

Re: I want to remotely open a US bank account as a Non Resident Alien. Which banks can facilitate this?

I know of none. Most banks aren't interested in having foreign clients because of the costs of compliance with and reporting to the IRS. Not to say it's impossible (although it may be), just that it won't be easy.

Why do you want this, by the way?
by randomizer
Fri Sep 23, 2016 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Invest entire $1M windfall now or over time?
Replies: 39
Views: 5124

Re: Invest entire $1M windfall now or over time?

Does it even matter? I'm still working on my asset allocation and portfolio design, so I don't have that info now, but I'm leaning towards a simple 3-5 passive fund portfolio and managing it myself. Nope. It doesn't matter. Sell out immediately and diversify according to your simple plan. 20 years ...
by randomizer
Mon Sep 19, 2016 3:14 pm
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 6301

Re: The states we won't buy munis from, update

Thanks for the interesting discussion folks. This is the kind of thing I was hoping for when I asked about my CA-biased bond allocation.
by randomizer
Mon Sep 19, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Need 5.3% nominal
Replies: 25
Views: 3659

Re: Need 5.3% nominal

Doing some planning for my parents and they need to achieve a 5.3% nominal return over the next 7 years until beginning withdrawals from portfolio. What is the best way to decide on an asset allocation given that the future is unknown and rates are so low. A real return of 3-3.5% if you want to thi...
by randomizer
Sun Sep 18, 2016 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Striking the right risk-vs-expected-return balance in the fixed income part of my portfolio
Replies: 3
Views: 404

Re: Striking the right risk-vs-expected-return balance in the fixed income part of my portfolio

dbr wrote:You only have 2.5% of your entire assets in that state specific fund anyway.

9.6% actually (percentages above are quoted against the total portfolio, not the bond portion; sorry for the confusion!).

I am guessing, however, that your advice still stands in spirit, right?

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