Search found 197 matches

by wanderer
Sun Sep 27, 2020 9:43 pm
Forum: Forum Issues and Administration
Topic: Forum attains 100,000 members
Replies: 7
Views: 675

Re: Forum attains 100,000 members

Congrats to the folks who got this forum started AND to the many dedicated volunteers who keep it running and well moderated.
Thank you very, very much!!
by wanderer
Thu Sep 24, 2020 10:35 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 88
Views: 6727

Re: Buckets in Retirement

Started detailed retirement planning more than 10 years ago using the "bucket" approach (retired in 2013). This seemed to be a sensible way to balance near-term spending security with an opportunity for some assets to grow for longer-term spending. However, I never figured out a logical way to "re-f...
by wanderer
Mon Sep 21, 2020 8:26 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7285

Re: Why buy medical insurance ?

A 2-hour e-room visit last month was billed at over $10k. Insurance negotiated rates knocked that in half. Some went to covering deductible and some to the 80/20 copy so I’m out $1200. Addressing that issue now, and my normally self managed back issues flared up. So I’m out over $8k this year and in...
by wanderer
Sat Sep 12, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: How much money has been transferred out of Prime Money Market in the past year??
Replies: 13
Views: 1677

Re: How much money has been transferred out of Prime Money Market in the past year??

I'm showing VMMXX net assets were: August 31, 2019 $123,631,274m (source: https://advisors.vanguard.com/funds/reports/q300.pdf, page 23) August 31, 2020 $123,394,773m (source: Vanguard) That's a decline of over $235m in the past year. galawdawg: Thank your for correcting the numbers and source. I w...
by wanderer
Fri Sep 11, 2020 10:02 pm
Forum: Non-US Investing
Topic: Moving from US to Canada [permanently] [India ex-pat in US]
Replies: 17
Views: 2245

Re: Moving from US to Canada [permanently]

If you haven't seen it, you might look at the BH Canada page: https://www.bogleheads.org/wiki/Category:Canada . There is a Canadian version of BHs also. I think it is: https://www.financialwisdomforum.org/ . You might introduce yourself there too. Best of successes. We love visiting Vancouver!
by wanderer
Fri Sep 11, 2020 2:05 am
Forum: Personal Investments
Topic: Is it Possible to Opt-out of Fidelity Premium Services?
Replies: 37
Views: 3908

Re: Is it Possible to Opt-out of Fidelity Premium Services?

I’m with the original poster. These things infuriate me. Obviously different Bogleheads have a variety of reactions, but my response is always to ask or insist they leave me alone. But it’s not just a financial services company trick — this applies to software, autos, insurance, etc. Since we all h...
by wanderer
Wed Sep 09, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: Butcher Box
Replies: 26
Views: 4444

Re: Butcher Box

Has anyone compared Blue Nest beef? https://bluenestbeef.com/shop/
We are considering it because of it claims "Audubon certified"?
by wanderer
Sun Sep 06, 2020 9:58 am
Forum: Personal Investments
Topic: Help calculate CAGR
Replies: 44
Views: 1939

Re: Help calculate CAGR

by wanderer
Sat Sep 05, 2020 1:16 pm
Forum: Personal Investments
Topic: How Are CD Ladders Used in Retirement
Replies: 14
Views: 1893

Re: How Are CD Ladders Used in Retirement

We use a ladder as a bridge to SS, so mostly #1, but we have done #2. We retired from a typical mega-corp paycheck life, no pension, and we were stressed with the prospect of selling retirement assets to cover expenses, especially in a down market. We were also retiring before age 62, so SS was not ...
by wanderer
Wed Sep 02, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: How important this forum has been to our family.
Replies: 13
Views: 1894

Re: How important this forum has been to our family.

Yes, THANK YOU to the Bogleheads community. I went from wandering from fund - fund to developing a better understanding of investment basics and the SIMPLE methods to implement what I've learned. I continue to learn. Much more importantly than the money is the trust we have gained in our ourselves a...
by wanderer
Mon Aug 31, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Buffett & Berkshire buy stakes in Japanese companies
Replies: 19
Views: 1743

Re: Buffett & Berkshire buy stakes in Japanese companies

Feels more like an investment in commodities (or at least their trading companies). Perhaps a return to "value" investing.
by wanderer
Mon Aug 31, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Impact of New Fed Policy announced Today (Aug 28,2020)
Replies: 14
Views: 2334

Re: Impact of New Fed Policy announced Today (Aug 28,2020)

Thank you for the replies. The articles helped me better understand why the market didn't seem to react. So steady as she goes is the general consensus. I will take a look at the barbell concept for my bonds to see if the added complexity is worth it. I presume the barbell is similar to the PP equal...
by wanderer
Mon Aug 31, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care Retirement Community Entrance Fee
Replies: 106
Views: 7342

Re: Continuing Care Retirement Community Entrance Fee

Did you account for the lost investment opportunity between the two options? Say 2% over inflation: $1,011,200 - $577,800 = $433,400 left to invest for 18 years. $433,400 (1.02)^18 - $619,00. A gain of $185,602. 18 years is a long time to tie up $433K. And what guarantees do you have regarding the q...
by wanderer
Thu Aug 27, 2020 10:41 am
Forum: Investing - Theory, News & General
Topic: Impact of New Fed Policy announced Today (Aug 28,2020)
Replies: 14
Views: 2334

Impact of New Fed Policy announced Today (Aug 28,2020)

https://www.bloomberg.com/news/articles/2020-08-27/powell-says-fed-to-seek-inflation-that-averages-2-over-time?srnd=premium and https://www.wsj.com/articles/feds-powell-headlines-virtual-jackson-hole-economic-conference-11598486400?mod=hp_lead_pos1 I read that the Federal Reserve has now formally s...
by wanderer
Thu Aug 27, 2020 7:41 am
Forum: Investing - Theory, News & General
Topic: I survived the 'sequence of returns risk'
Replies: 42
Views: 3831

Re: I survived the 'sequence of returns risk'

We retired in 2013, set course with a 50/50 AA and budget plan. We have also been blessed by a generally positive tailwind to date. I too feel the winds might be shifting, but feel uncertain of an appropriate "tack" (using the sailing definition). We have a comfortable AA/budget for us and our sails...
by wanderer
Tue Aug 25, 2020 12:20 pm
Forum: Personal Investments
Topic: Roth conversion - I could use a little help on timing
Replies: 9
Views: 804

Re: Roth conversion - I could use a little help on timing

Model your tax marginal brackets for the periods in question (now, low income pre-SS/RMDs, and post RMDs. The idea, obviously is do your conversions to "fill up" the lower tax periods and avoid tax spikes later. Without specifics it only a guess. Others here can give more specific recommendations wi...
by wanderer
Tue Aug 25, 2020 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Advising retired couple on buying second home
Replies: 33
Views: 2793

Re: Advising retired couple on buying second home

Questions to ask yourself(s).. Who will look in on the house when it not occupied to ensure there are no issues? Who will perform the maintenance and repairs (snow removal, water leaks, HVAC/freezing, etc? How many weeks per year will the house be occupied - and will this be sporadic for holidays or...
by wanderer
Tue Aug 25, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Private Online High School--Reality Check
Replies: 11
Views: 1012

Re: Private Online High School--Reality Check

"Normal" social interaction would be lost with on-line only classes. This would include both the good interactions as well as the bad interactions. Good, in my mind being the interaction with other students, and teachers during class discussions and lab classes, band trips, and casual time. This is ...
by wanderer
Tue Aug 25, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Poll of the retirees among us--spending in retirement
Replies: 76
Views: 6687

Re: Poll of the retirees among us--spending in retirement

The "stages" of retirement spending models seems reasonable, as is discussed in this BH Wiki, and perhaps others. https://www.bogleheads.org/wiki/Models_of_spending_as_retirement_progresses#:~:text=Life%20Cycle%20models%20%20%20Life%20Cycle%20spending,an%20adju%20...%20%201%20more%20rows%20 We are r...
by wanderer
Fri Aug 21, 2020 10:11 am
Forum: Investing - Theory, News & General
Topic: Interesting take on 60/40 from ex-Fed staffers
Replies: 15
Views: 2579

Re: Interesting take on 60/40 from ex-Fed staffers

It's behind a paywall for me. Any suggestions?
by wanderer
Tue Aug 18, 2020 6:40 am
Forum: Personal Consumer Issues
Topic: Farmed Atlantic salmon and toxic chemicals in fish feed
Replies: 62
Views: 4244

Re: Farmed Atlantic salmon and toxic chemicals in fish feed

Our daughter recently completed a graduate degree in sustainable agriculture and nutrition, specifically aquaculture. She has recommends we follow the Monterrey Bay Seafood Watch program.
https://www.seafoodwatch.org/
by wanderer
Mon Aug 03, 2020 9:23 pm
Forum: Personal Investments
Topic: Overcoming the fear of an early retirement
Replies: 117
Views: 8843

Re: Overcoming the fear of an early retirement

I think Klangfool made some great points I was an “all-in” project guy. After some really rewarding projects my last one was not. So my motivation sagged but still tried to be “all-in”. Had a talk with my boss regarding retirement planning and he was supportive. We agreed to some team supportive goa...
by wanderer
Sun Aug 02, 2020 2:57 pm
Forum: Investing - Theory, News & General
Topic: Is the fear of actually LIVING through inflation overblown?
Replies: 80
Views: 5434

Re: Is the fear of actually LIVING through inflation overblown?

You asked for "experience" and lessons learnt: We were a newly starting out couple in the mid-late 70s. We were just out of college, no savings, not financially "literate" and soon had 3 kids to support. We both worked and had a baby sitter/nanny for the kids. We were buying used cars, eating mostly...
by wanderer
Mon Jul 27, 2020 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Advice from retirees: do you need a project or do you 'play it by ear'?
Replies: 36
Views: 2368

Re: Advice from retirees: do you need a project or do you 'play it by ear'?

I do like projects, but not “obligations”. A neighbor helped me out many years ago when I was attempting to build my first deck. He must have seen my incompetence, as he came over and coached me through it. He was a 2nd hand occasionally, while allowing me to do the work and just being available to ...
by wanderer
Fri Jul 24, 2020 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Why to choose EFT if you can choose free Wire (transfers out of Fidelity)?
Replies: 19
Views: 1524

Re: Why to choose EFT if you can choose free Wire (transfers out of Fidelity)?

BogleMelon wrote: Thu Jul 23, 2020 6:46 pm
wanderer wrote: Thu Jul 23, 2020 6:18 pm Each took some time to get agent on phone, verify identity, communicate transfer instructions, etc.
You could have done this online with few clicks.
Not at the sellers office as we were addressing last minute issues two times. Also think Real estate closing.
by wanderer
Fri Jul 24, 2020 6:59 am
Forum: Personal Consumer Issues
Topic: Backyard BBQ - easy
Replies: 42
Views: 3779

Re: Backyard BBQ - easy

+1 on Weber. We like our little table top gas Weber. Cleaning is the same as any indoor grill, perhaps easier when the grill left on to burn-off residue before cleaning. Empty grease drip tray as needed. It goes with us for family/group picnics too. And we do veggies too! https://www.weber.com/US/en...
by wanderer
Fri Jul 24, 2020 6:47 am
Forum: Personal Consumer Issues
Topic: Microsoft OneDrive questions
Replies: 13
Views: 1262

Re: Microsoft OneDrive questions

I did not like the synchronization aspect since it didn’t seem to work well with my small SsD drive at the time, so use OneDrive in a different manner. I have it set with no sync, but then used disk management tools to assign my OneDrive to a letter (O:). I can then use the standard access tools wit...
by wanderer
Thu Jul 23, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why to choose EFT if you can choose free Wire (transfers out of Fidelity)?
Replies: 19
Views: 1524

Re: Why to choose EFT if you can choose free Wire (transfers out of Fidelity)?

Done a few wire transfers from Fidelity for larger purchases. Each took some time to get agent on phone, verify identity, communicate transfer instructions, etc. Had to be complete by early/mid afternoon to complete that day (CST). So not hard, but definitely more work than EFTs. In my experience Fi...
by wanderer
Thu Jul 23, 2020 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa signature card
Replies: 29
Views: 3442

Re: Fidelity Rewards Visa signature card

We access via the Fidelity website as described. Rewards are directly deposited into a Fidelity account. No issues. We do not use a 3rd party aggregator, so no comment. We are set up to get a text message for evert transaction to monitor for unusual activity. Elan was fully owned by USBank Corp, but...
by wanderer
Wed Jul 22, 2020 7:10 am
Forum: Personal Consumer Issues
Topic: top suvs for tall driver & good mpg
Replies: 36
Views: 2421

Re: top suvs for tall driver & good mpg

My BIL is 6’ 4”, a bit heavy with back and ankle issues has made similar comments. He feels the crossover styles, with the more swept back windshield are harder to get in/out as well as a feeling cramped. He is comfortable driving a Cadillac Escalade for 4-6 hrs and plans on buying a new one within ...
by wanderer
Thu Jul 02, 2020 4:26 pm
Forum: Personal Consumer Issues
Topic: cable vs. fiber internet. Which to choose?
Replies: 31
Views: 2080

Re: cable vs. fiber internet. Which to choose?

Fiber for all the reasons above. - lower latency (ping), faster upload speeds (cloud files, school, etc), no usage throttling, and for us - much-much more reliable than Comcast. We bought a telephone ATA and switched our "land line" to a Canada-based service Voip.ms. Switched about 18 months ago and...
by wanderer
Wed Jul 01, 2020 9:28 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 26944

Re: 4% rule - confidence poll

I vote that it's 90%+ likely to cover a 30 year period, as per the Trinity Study definition.

We choose to add in a reserve to "self-insure" for LTC expenses so retired "early" with closer to 3% for 40 years.
by wanderer
Wed Jul 01, 2020 9:23 pm
Forum: Investing - Theory, News & General
Topic: How to analyze having a paid-off mortgage in retirement?
Replies: 104
Views: 6566

Re: How to analyze having a paid-off mortgage in retirement?

A suggestion I read on this BH site was to consider the mortgage as a "negative" bond. This give you a higher effective stock/bond ratio. The duration of the negative bond is also probably longer than your TBM holdings too, again adding to effective volatility. Yes, the mortgage interest is tax dedu...
by wanderer
Wed Jul 01, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: The perfect retirement portfolio...
Replies: 29
Views: 4390

Re: The perfect retirement portfolio...

You seem to prefer a low risk portfolio. Search the wiki for "Lazy Portfolios" and compare their backtested result to see if there is something you are comfortable holding and managing long term. The worse outcome for you would be to keep switching investment plans when reacting to market swings. An...
by wanderer
Wed Jul 01, 2020 8:37 pm
Forum: Personal Investments
Topic: Retirement Planning and Advice
Replies: 9
Views: 1097

Re: Retirement Planning and Advice

We retired 7 years ago with similar spending and fewer assets. So, yes, you appear to have adequate resources to retire (plus a few more years of one earner). We tried a number of retirement calculators and felt the Fido model was excellent for our situation. We also tried a number of other calculat...
by wanderer
Sun Jun 28, 2020 11:05 am
Forum: Personal Consumer Issues
Topic: Buying a house - survey necessary?
Replies: 32
Views: 2503

Re: Buying a house - survey necessary?

I’d recommend getting survey for the $750 if pins are placed. A family member bought a home in a new neighborhood development with no fencing. Developer did not put pins at rear lot corners, just stakes at the curbing. Other neighbors are now having a “discussion” regarding shrubbery. Seems one fami...
by wanderer
Sun Jun 14, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fence repair responsibility
Replies: 30
Views: 2424

Re: Fence repair responsibility

dru808 wrote: Sun Jun 14, 2020 8:03 pm
Monsterflockster wrote: Sun Jun 14, 2020 7:34 pm Another option: tell him you’re going to pay for the fence. Not having neighbor problems is worth the investment IMO.
This.
+1
by wanderer
Sun Jun 14, 2020 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Allocation of Saved Funds for New Home Contruction & Lot
Replies: 1
Views: 173

Re: Allocation of Saved Funds for New Home Contruction & Lot

We've "built" two custom homes in our lives. For the first, we bought the land we wanted by a lake, and then worked on the house. "Budget" for the house was 250K, and ended up costing nearly 325K, a 30% overrun on the house portion. We also left some areas "unfinished". The second time, we worked ha...
by wanderer
Fri Jun 12, 2020 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Best WebSite to Keep Tabs on Mortgage Rates
Replies: 4
Views: 802

Re: Best WebSite to Keep Tabs on Mortgage Rates

by Kookaburra » Thu Jun 11, 2020 11:58 pm

What’s the difference between a 30-yr FRM and 30-yr FHA?
Not the best site, but basic explanation...
https://homeguides.sfgate.com/30-year-f ... 59238.html
by wanderer
Thu Jun 11, 2020 8:05 pm
Forum: Personal Investments
Topic: Asset Allocation
Replies: 10
Views: 1004

Re: Asset Allocation

Since mine will be tapped first I have more of a fixed component than she, and she still contributes in a 65/35 ratio. I agree this makes sense - lower AA in account you will need to tap sooner. I was just going to suggest you look at the account spending sequence you you plan to make sure the AA(s...
by wanderer
Mon Jun 08, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Does Buying an RV make sense?
Replies: 97
Views: 6534

Re: Does Buying an RV make sense?

RVs are a lifestyle choice with the advantages of having your own bed and "stuff" while travelling, and perhaps closer to the desired destinations (usually state and national parks). We own one for "long-term" living while volunteering. RVs required some practical experience to understand and mainta...
by wanderer
Mon Jun 08, 2020 12:19 pm
Forum: Personal Consumer Issues
Topic: Cumulative Rainfall Reference?
Replies: 13
Views: 824

Re: Cumulative Rainfall Reference?

The old link I had used a few years ago is not active. Here is a link to data files that may have what you are looking for. Requires some work to extract and format. https://www.ncdc.noaa.gov/data-access/quick-links#h-precip And the readme file for instructions. https://www.ncei.noaa.gov/data/coop-h...
by wanderer
Sun Jun 07, 2020 9:02 pm
Forum: Personal Investments
Topic: Re-balancing
Replies: 18
Views: 1438

Re: Re-balancing

AMJoshua wrote: ↑Sun Jun 07, 2020 8:42 am So in this up-down-up year of 2020 how many people here have had the discipline to stick to their plans? Has re-balancing helped anyone? We have stuck to the plan of 50/50 with +/-5% absolute, no time constraints. Our portfolio is a very slight "tilt" to lo...
by wanderer
Sun May 31, 2020 7:51 pm
Forum: Investing - Theory, News & General
Topic: Best Diversification Portfolio For Different Asset Allocations
Replies: 11
Views: 877

Re: Best Diversification Portfolio For Different Asset Allocations

There is no consensus. See the wiki https://www.bogleheads.org/wiki/Lazy_portfolios for some potential ideas. For a quick look at the variability of historical returns see the Callan Periodic Table of Investment Returns at: https://www.callan.com/wp-content/uploads/2020/01/Classic-Periodic-Table.pdf...
by wanderer
Sun May 31, 2020 7:22 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 25
Views: 1775

Re: Rural Internet Options

Have you checked with the local rural telephone company?

Our cabin is served by the local telephone company for security and DSL-level internet.
by wanderer
Sun May 31, 2020 7:17 pm
Forum: Personal Investments
Topic: Does VTSAX and VBTLX trade at day end price.
Replies: 13
Views: 1011

Re: Does VTSAX and VBTLX trade at day end price.

The mutual fund "trades" at the Net Asset Value" calculated at the end of the day. The fund effectively buys/sells your portion of the assets at the calculated closing "value" for the day. For more info see: https://www.bogleheads.org/wiki/Mutual_fund and: https://www.bogleheads.org/wiki/Net_asset_v...
by wanderer
Fri May 29, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: What does your budget spreadsheet look like?
Replies: 36
Views: 2543

Re: What does your budget spreadsheet look like?

Echoing other's comments to simplify since they ring true from our 40+ years of experience.... I suggest the better question is: "How do BHer's use their budget efforts to help them to live their best life at a lower cost?" Deciding on, and agreeing with future spouse, what spending is "essential" v...