Search found 318 matches

by sixtyforty
Sun Jun 23, 2019 6:44 pm
Forum: Personal Investments
Topic: Vanguard Investments to VMFXX to Checking Account
Replies: 7
Views: 524

Re: Vanguard Investments to VMFXX to Checking Account

It's the approach I am looking at now. Will be moving funds from Ally to VMMXX, with auto transfer to checking. If rates drop, I can always move some back to Ally and get a longer term CD. I think simple is best... less moving parts.
by sixtyforty
Tue Jun 18, 2019 7:09 am
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 185
Views: 28258

Re: Why not add a "like" button to Boglehead posts?

Please don’t add a “like” button. And may we let this thread quietly disappear.
by sixtyforty
Wed Jun 12, 2019 8:57 am
Forum: Personal Investments
Topic: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"
Replies: 13
Views: 2984

Re: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"

I own VBIAX as well and like it. It's a set it and forget it fund. Below is a comparison of the after-tax returns of VBIAX (1st column) and VTMFX - Tax Managed Balanced fund (2nd column). It appears to be fairly tax efficient to me. Obviously it won't be as tax efficient as having bonds in tax defer...
by sixtyforty
Tue Jun 11, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Checking vs Capital One 360 Checking
Replies: 16
Views: 1478

Ally Checking vs Capital One 360 Checking

Looking to close our WF checking account and move it to either Ally or Capital One 360. If you use one of these, why did you choose one over the other and what has been your experience ?
by sixtyforty
Sun Jun 02, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Painting Cabinets - Is it that hard ?
Replies: 38
Views: 2939

Re: Painting Cabinets - Is it that hard ?

Thanks for all the excellent replies. After looking at what's involved, my SIL feels a lot better about getting it done. We will probably do the same when it comes time for our cabinets.
by sixtyforty
Sat Jun 01, 2019 7:15 am
Forum: Personal Consumer Issues
Topic: Painting Cabinets - Is it that hard ?
Replies: 38
Views: 2939

Painting Cabinets - Is it that hard ?

My SIL is getting her cabinets painted/redone in her kitchen. The estimate to do the work is $2,000 (small to mediums size kitchen) The company doing the work said that they have to remove the cabinet doors, sand it them down, disinfect it etc etc. .then apply paint. Seems kind of expensive to me. A...
by sixtyforty
Wed May 22, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: Actual Experience as true measure of risk tolerance
Replies: 82
Views: 6287

Re: Actual Experience as true measure of risk tolerance

Most people tend to overestimate their ability to withstand a brutal bear market and tend to be over-allocated to stocks especially during the bull run prior to when the bear market starts. Calculating your networth frequently, watching the business news etc will make it very difficult to withstand ...
by sixtyforty
Wed May 22, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Completely freaked out about withdrawing from retirement accounts....
Replies: 75
Views: 10231

Re: completely freaked out about withdrawing from retirement accounts....

But I need to know, is this hesitancy to touch my retirement funds something that folks go through? Or do other people just get over it? I forget where I read it but in one retirement book there was comment to the effect, "You don't get to choose if your retirement money will be spent or not, you o...
by sixtyforty
Tue May 21, 2019 7:31 pm
Forum: Personal Investments
Topic: VASIX or VWINX for emergency savings: crazy?
Replies: 26
Views: 2421

Re: VASIX or VWINX for emergency savings: crazy?

You are making a gamble the market will go up after investing in these funds. Anything that says "Emergency savings" implies you need access to the funds and the funds can't drop in value. VMMXX would be my recommendation. Even if the stock market tanks 50%, with Wellesley the max draw down would o...
by sixtyforty
Tue May 21, 2019 2:39 pm
Forum: Personal Investments
Topic: VASIX or VWINX for emergency savings: crazy?
Replies: 26
Views: 2421

Re: VASIX or VWINX for emergency savings: crazy?

I currently have my emergency savings in a money market account that's yielding virtually nothing. I'm thinking of moving it into either VASIX (Vanguard LifeStrategy Income Fund) or VWINX (Wellesley Income Fund). Is this crazy? You are making a gamble the market will go up after investing in these ...
by sixtyforty
Mon May 20, 2019 8:46 am
Forum: Personal Investments
Topic: VWELX, VWINX, or VBIAX ?
Replies: 20
Views: 2151

Re: VWELX, VWINX, or VBIAX ?

TxFLSTC wrote:
Mon May 20, 2019 7:59 am
If I look at 10 year returns for VWELX vs VBINX at Vanguard, thru April or May 2019, they are quite close, VWELX slightly ahead, but if I run a 10 yr comparison graph at Yahoo, VWELX comes in at about half ????? Thanks for any Help.
I believe Yahoo doesn't account for dividends re-invested.
by sixtyforty
Sun May 19, 2019 10:10 am
Forum: Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 37
Views: 10548

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

Most of the outperformance of VWELX over VBIAX appears to have occurred prior 2008. From 2008 on, they are both pretty close according to PV. Here is another data point from Mr Bogle himself on the two funds; When asked what he had in his portfolio... "My retirement accounts are more like a 50-50 sp...
by sixtyforty
Sat May 18, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Arc'teryx - Anyone else here splurge?
Replies: 30
Views: 3971

Re: Arc'teryx - Anyone else here splurge?

I just dropped major coin at REI buying Arc'teryx gear. Hard shell rain jacket, soft shell jacket, fleece, and 4 collared shirts (wool/poly....great for int'l travel, and quite light). It was by far the largest REI spend to date, eeking into 4 figures. I believe that in gear, you get what you pay f...
by sixtyforty
Wed May 15, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Trend Following As Insurance
Replies: 110
Views: 5526

Re: Larry Swedroe: Trend Following As Insurance

I am only personally willing to discuss the risks of trend following to the extent that we acknowledge the risks in the most obvious alternative (i.e. buy-and-hold). Otherwise, such discussion will obviously be unbalanced. Perfect! You go first, and list all the risks you can see in trend following...
by sixtyforty
Wed May 15, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service improving?
Replies: 9
Views: 1243

Re: Vanguard customer service improving?

FIREchief wrote:
Wed May 15, 2019 12:17 am
What other direction could it go?? :confused
That's a good one :beer
by sixtyforty
Mon May 13, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Trend Following As Insurance
Replies: 110
Views: 5526

Re: Larry Swedroe: Trend Following As Insurance

https://www.etf.com/sections/index-investor-corner/swedroe-trend-following-insurance?nopaging=1 Trend following, or time series momentum, is the tendency for an asset’s recent price trend to continue in the near future. Trend is a changing asset allocation strategy since one is either buying or sel...
by sixtyforty
Fri May 10, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2182
Views: 159352

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Up to this point haven't thought of a real reason what would cause LTT and Equities to become correlated and move down together, clearly a big risk in this strategy. What if China starts dumping their 1+ trillion in US Treasuries in response to this trade war ?
by sixtyforty
Wed May 08, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Island life?
Replies: 54
Views: 6927

Re: Island life?

Our neighbor of 14 years recently moved to an island in the Caribbean. Bought a house, became a citizen and is living the life. She is an avid diver and seems to like it just fine. I get a kick out of hearing refer to her friends as her "Island friends". She may end up coming back to the US someday,...
by sixtyforty
Sun May 05, 2019 7:34 pm
Forum: Personal Investments
Topic: Vanguard Financial Plan
Replies: 20
Views: 3133

Re: Vanguard Financial Plan

Hello. I am new to the site. I have recently transferred my retirement accounts from an Ameriprise Financial Advisor to Vanguard. It took me 10 years to realize that I had been getting ripped off by my Ameriprise Advisor. Like I mentioned, I have transferred my retirement assets to Vanguard and dec...
by sixtyforty
Mon Apr 29, 2019 6:29 pm
Forum: Personal Investments
Topic: Vanguard Investment Advice
Replies: 11
Views: 1090

Re: Vanguard Investment Advice

Does anybody use their service and what are your thoughts on it? Im 60 now and would like to turn over my investments to a professional so that my wife has someone to talk to if I'm not around. I like the thought of the .3% fee versus the 1% the majority charge. Do they do a good job? Thanks in adv...
by sixtyforty
Thu Apr 25, 2019 7:14 pm
Forum: Personal Investments
Topic: Investment advice for $800,000 age 62
Replies: 24
Views: 3252

Re: Investment advice for $800,000 age 62

I second the advice on VWIAX (Wellesley Income) and other funds mentioned in this post; Balanced Index (VBIAX) and the LifeStrategy Growth funds depending on what allocation you want. Thank you all for your help and suggestions. I do not know the difference between Income VWIAX and Index VBIAX fund...
by sixtyforty
Thu Apr 25, 2019 11:33 am
Forum: Personal Investments
Topic: Investment advice for $800,000 age 62
Replies: 24
Views: 3252

Re: Investment advice for $800,000 age 62

I second the advice on VWIAX (Wellesley Income) and other funds mentioned in this post; Balanced Index (VBIAX) and the LifeStrategy Growth funds depending on what allocation you want. Speaking of allocation... Vanguard has a good questionnaire for determining your stock/bond allocation https://perso...
by sixtyforty
Wed Apr 24, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 126
Views: 11699

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

I just run FIRECalc/CFIRESim etc that use historical data along with other simulators like Fidelity, ORP etc that use MC and compare the results. Not complicated for me.
by sixtyforty
Fri Apr 19, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40536

Re: Mr. Money Mustache, SWR, and equity allocation

You should definitely work until you die. Otherwise, if you put no bounds on what could happen other than what is "possible", which is everything, than the day after you retire the entire stock, bond, and all other markets could go to 0. Your approach of working a just a few more years to get to 40...
by sixtyforty
Fri Apr 12, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 8233

Re: 4% SWR - how confident are you?

Since I did not want to start a new thread on the same topic, just FYI, Michael Kitces has a interesting piece on Morningstar and he expresses very high confidence with the 4% rule even with some sequence of returns risk. Thought i'd share this. https://www.youtube.com/watch?v=vVPIpb1wbgI Since so ...
by sixtyforty
Thu Apr 11, 2019 7:08 am
Forum: Investing - Theory, News & General
Topic: Is there a relatively stable junk bond fund?
Replies: 43
Views: 5011

Re: Is there a relatively stable junk bond fund?

Agree with this comment... also, when HY bonds have lower coupons and trade at elevated prices there is mathematically more downside risk. Fundamentally, I'd say the same low yield scenario typically does also occur when the HY market has above average hidden or latent risk pent up. Shouldn't the l...
by sixtyforty
Thu Apr 11, 2019 4:26 am
Forum: Personal Investments
Topic: Fidelity is making it hard for my daughter to fund a Roth
Replies: 55
Views: 5962

Re: Fidelity is making it hard for my daughter to fund a Roth

I had both my niece and nephew open Roth accounts at Charles Schwab. They created the account and funded it through the Schwab App on their iPhone.
by sixtyforty
Mon Apr 08, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1458

Re: Bengen Floor & Ceiling Withdrawal Method

The Bengen Floor & Ceiling doesn't adjust for inflation, it's simply a constant percentage with guard rails. Sure it does. The floor & ceiling are adjusted for inflation every year. Bengen and others have mentioned various floors & ceilings but it appears the number Bengen used the most was a floor...
by sixtyforty
Mon Apr 08, 2019 12:17 pm
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1458

Re: Bengen Floor & Ceiling Withdrawal Method

BTW... Anyone know of supporting documentation that shows back-test using this method prior to 1970 ? Here's Bengen's paper on the Floor & Ceiling withdrawal method and Wade Pfau's summary. Both use supporting data for reasonably balanced stock/bond portfolios since 1926. https://finalytiq.co.uk/wp...
by sixtyforty
Mon Apr 08, 2019 4:16 am
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1458

Re: Bengen Floor & Ceiling Withdrawal Method

It looks like a pretty good strategy and not sure why we don't hear more about it on this forum. You don't hear about it for the same reason you don't hear more about Gummi's "Sensible Withdrawals" or Ingliss's "Feel Free Withdrawals" or Stout & Mitchell's "Model 3" or Pye's "Retrenchment Rule" or ...
by sixtyforty
Sun Apr 07, 2019 5:31 pm
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1458

Bengen Floor & Ceiling Withdrawal Method

I've been playing around with Tyler's excellent tool (see link below). From my findings, it appears that the Bengen Floor & Ceiling allows higher SWR with a 50/50 portfolio than withdrawal methods from Kitces Ratchet, Guyton-Klinger or the Clyatt's 95% rule. I really like the simplicity and the fact...
by sixtyforty
Sun Apr 07, 2019 9:00 am
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 221
Views: 11501

Re: Customer Service with Vanguard

New Vanguard customer here. Just recently moved our Schwab accounts over. I have found the CS to be excellent at Vanguard. Contrary to what you read on these forums, I found Schwab CS somewhat lacking especially if you do the online chat. Granted, Vanguards' website doesn't have the eye-candy UI tha...
by sixtyforty
Fri Apr 05, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2321

Re: Clipless pedals for a hybrid bike

Avid mountain biker here who also has ridden road and has an indoor bike as well. On the indoor bike, i'm just using grippy flat pedals with some 5.10 shoes (trains different muscles). On my mountain bike I'm clipped in with SPD Pedals. Switching between them is no big deal. If you are concerned abo...
by sixtyforty
Thu Apr 04, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 390
Views: 46296

Re: Losing a job in your 50's...

bUU wrote:
Wed Apr 03, 2019 5:54 am

...
Anyone denying that there is substantial, unchecked age discrimination affecting our labor and employment marketplace is deluding themselves.
So true, especially in the IT world.
by sixtyforty
Thu Apr 04, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Laid off/Housing Advice
Replies: 30
Views: 3989

Re: Laid off/Health care?

I would look at the link below before applying to COBRA. It should help u determine if you qualify for Medicaid or ACA subsidies.

https://www.healthcare.gov/
by sixtyforty
Tue Apr 02, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: Retirement Income Plan - Vanguard
Replies: 4
Views: 873

Retirement Income Plan - Vanguard

Interesting article from Vanguard on setting up a retirement income plan. It's essentially the process I follow but with a bit more in MM. Never thought about the tax implications on #4.

https://personal.vanguard.com/us/insigh ... gy?lang=en
by sixtyforty
Sun Mar 24, 2019 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example
Replies: 55
Views: 3934

Re: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example

I personally like this approach. It would really be neat if this could be back tested, particularly during the 1932 an 1966 retirement periods.
by sixtyforty
Sat Mar 23, 2019 7:48 pm
Forum: Personal Investments
Topic: Good question about selling losers and keeping winners
Replies: 10
Views: 911

Re: Good question about selling losers and keeping winners

I’ve read many time for various reasons it’s better to sell your losers and hold your winner, but what if you hold your winners and they soon become losers? At which point do you sell? Only when you lose? But how would you ever earn gains? Is it best to just have barometers such as “when this inves...
by sixtyforty
Sat Mar 23, 2019 7:33 pm
Forum: Personal Investments
Topic: Vanguard - dissappointed
Replies: 44
Views: 5798

Re: Vanguard - dissappointed

I recently moved a couple of accounts from Schwab to Vanguard and I thought it went pretty well. I had a point person throughout the process and answered every question I had and more. We had a couple of issues moving our joint account but it was all due to their security process, which IMO was a go...
by sixtyforty
Sat Mar 23, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3928

Re: Dividends vs Total Return

I was recently given responsibility for managing a cluttered active brokerage account designed for income, much as you're suggesting. As an aside, a careful analysis showed that over 25 years, it performed about the same as a 50/50 index solution, worse than 60/40. My current time-sink is trying to...
by sixtyforty
Sat Mar 23, 2019 10:05 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3928

Re: Dividends vs Total Return

Assume you have two accounts. Account (A) has ETF's that collectively yield about a 6% return. Those returns are paid out and used as cash. Account (B) has a fund that yields 3% but the total return (with cap appreciation) yields also about 6%. For the owner to get their 6% they must SELL shares in...
by sixtyforty
Sat Mar 23, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3928

Re: Dividends vs Total Return

The only two convincing arguments that make sense to me is (1) the "risk" associated with the 6% yield and (2) taxes.

If the accounts are tax advantaged then (2) goes away.
by sixtyforty
Sat Mar 23, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3928

Re: Dividends vs Total Return

Good question, I believe with account A the NAV will be reduced each month because of the distribution. Thus you will get less in dividends each month because of the price per share reduction. The NAV may be reduced, but the shares stay the same and the investment returns is based on $/share. Accou...
by sixtyforty
Sat Mar 23, 2019 8:18 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3928

Dividends vs Total Return

I've read on a number of threads in this forum that one should pay more attention to total returns and not dividends by themselves. To understand this better, I would like to give an example and then maybe get some feedback.. Assume you have two accounts. Account (A) has ETF's that collectively yiel...
by sixtyforty
Sat Mar 16, 2019 4:27 pm
Forum: Personal Investments
Topic: Basic retirement withdrawal plan question
Replies: 20
Views: 2356

Re: Basic retirement withdrawal plan question

I was faced with the same issue, but decided to roll my separate investments into a balanced index fund. The fund always stays balanced, so I don't have to figure out which of what to sell. Not that it's difficult.. but for me the less I have to go into my portfolio and make decisions constantly, th...
by sixtyforty
Tue Mar 12, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 101
Views: 17000

Re: Charles Schwab Experiences?

I've been with Schwab for a number of years, but recently I've found their customer service to be somewhat lacking. They have a great website and all that stuff, but after getting more into Vanguard funds, I decided to start moving my accounts from Schwab to Vanguard. I'm not sure one is better over...
by sixtyforty
Fri Mar 08, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 736
Views: 44184

Re: My trend following strategy and experience

In all the strategies I've designed and tested on the markets, I found that the more parameters you use, the worse the strategy will perform in the future. Consider that 'buy and hold' uses NO parameters and it's probably one of the reasons it works so well.