Search found 800 matches

by 2pedals
Mon May 20, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security replacement annuity -- Is there such a product?
Replies: 43
Views: 2862

Re: Social Security replacement annuity -- Is there such a product?

End of life expenses can be very large for some. Finally the hardship caused by emotional stress can be heart breaking. For some, saving money with limited resources during the couples go-go healthy times may not make much sense because it is the experiences in life that matter the most. After a sig...
by 2pedals
Mon May 20, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Trend Following As Insurance
Replies: 110
Views: 5470

Re: Larry Swedroe: Trend Following As Insurance

“A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.”
― Wayne Gretzky

Trend followers play where the puck is.
by 2pedals
Sat May 18, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Splitting a condo purchase with friend?
Replies: 20
Views: 1632

Re: Splitting a condo purchase with friend?

I wouldn't do it, what if one of your friends wants to sell out?
by 2pedals
Fri May 17, 2019 10:45 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5394

Re: Guidance on choosing between UMich and Brown

In my opinion the big difference is the big state school versus the smaller ivy school atmosphere. Ivy league schools tend to the needs of the student better IMHO. If you are the type that can excel by yourself with less one-on-one with the professors and you do not mind bigger classes then the extr...
by 2pedals
Fri May 17, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4111

Re: Can wife Top off her Social Security benefits?

The following tool provides a view of the calculations.

https://socialsecurity.tools/app.html
by 2pedals
Thu May 16, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do I value wife's pension?
Replies: 23
Views: 1819

Re: How do I value wife's pension?

I would look at it as an income stream and balance it against your expected expenses. Without COLA the value of your pension decreases every year. For example if I assume your expected expenses is about 75k (current value) and inflation is ~3%/year. Your needs for additional withdrawal from savings ...
by 2pedals
Mon May 06, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Educational pathway(s) for future engineer
Replies: 89
Views: 3731

Re: Educational pathway(s) for future engineer

As many have mentioned previously, I don't think I would select Nuclear Engineering as a major. "My 2¢" are in red. So, the question/issue of interest is, what should his target educational (+internships/early career) pathway look like? In particular, how might he best use the ~37 credits? * Could t...
by 2pedals
Mon May 06, 2019 7:19 pm
Forum: Personal Investments
Topic: Seeking feedback on summary retirement plan
Replies: 5
Views: 501

Re: Seeking feedback on summary retirement plan

Questions: - Thoughts on cash pool as "bonds" portion of portfolio? - Thoughts on how joint survivor does or doesn't change best time to start social security. - How does having good annuity stream change portfolio mgmt advice? use of a cash pool Yes this is okay, if it helps you sleep well at nigh...
by 2pedals
Sat May 04, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 127
Views: 10388

Re: Should we discourage the bond tent?

Dynamic asset allocations in retirement may help, but the biggest issue I see with the way most people do not seem to have fleshed out the details , where the devil resides. For instance, precise, measurable definitions are needed for things like "significant market gains." Failure to lay out the s...
by 2pedals
Sat May 04, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 127
Views: 10388

Re: Should we discourage the bond tent?

I personally like Micheal McClung's book "Living off Your Money". The variable withdrawal method using extended mortality (EM) combined with prime harvesting for income harvesting is very appealing to me. Basically bonds are used for spending (income harvesting) and bonds are replenished after the ...
by 2pedals
Sat May 04, 2019 10:05 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 127
Views: 10388

Re: Should we discourage the bond tent?

I personally like Micheal McClung's book "Living off Your Money". The variable withdrawal method using extended mortality (EM) combined with prime harvesting for income harvesting is very appealing to me. Basically bonds are used for spending (income harvesting) and bonds are replenished after the e...
by 2pedals
Wed May 01, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 87
Views: 5799

Re: bike helmets

But then I also grew up in the era of kids being able to ride bikes to school or wherever they wanted, Same here. And not only did we not wear helmets, I don't think we even knew where to get them if we wanted one. Maybe mail-order or something? There just wasn't a perception that bicycling was som...
by 2pedals
Tue Apr 30, 2019 1:08 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 15747

Re: Biggest Investment Mistake

Not staying the course and trying to time the market.

#1 in particular -- bailing out of the 2008 crash near the low and waiting too long to buy equity back.
by 2pedals
Sat Apr 27, 2019 9:27 pm
Forum: Non-US Investing
Topic: I received a one-time payment that needs to last me the rest of my life [EU]
Replies: 51
Views: 8241

Re: I received a one-time payment that needs to last me the rest of my life

Currently, excluding some pain, the only symptom I suffer with is that I can’t sit or stand for extended periods of time, and need to lie down for 5-10 minutes every few hours. Beyond that, it doesn’t currently affect my daily life, I am 29 so that might (probably will) change as I age. I feel pret...
by 2pedals
Tue Apr 23, 2019 11:20 am
Forum: Personal Investments
Topic: Vanguard Total Bond Fund Vs. State Street U.S. Bond Index Fund - Which should I use in 3 fund portfolio?
Replies: 4
Views: 376

Re: Vanguard Total Bond Fund Vs. State Street U.S. Bond Index Fund - Which should I use in 3 fund portfolio?

Both should perform the same for all practical purposes. Most well run 401k plans offer an aggregate bond fund. Your ER costs are low. Use you bonds portion of your asset allocation to help you sleep well at night. If Vanguard helps your wife sleep better, use that. If State street helps you sleep b...
by 2pedals
Tue Apr 23, 2019 10:20 am
Forum: Personal Investments
Topic: Should I be in Bonds?
Replies: 20
Views: 1593

Re: Should I be in Bonds?

I would recommend no more than 80% in stocks but count your separate emergency money as bonds. So keep in mind you don't exceed 80% when building your savings.
by 2pedals
Fri Apr 19, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Factors That Plague Factor Investing
Replies: 44
Views: 3172

Re: Larry Swedroe: The Factors That Plague Factor Investing

I don't have the willingness to concentrate my investments in market factors. If I did it could make me regret picking that factor or factor(s) over the next 10 to 20 years.

A big factor for my unwillingness is that I may not live long enough to see results perform better than the market.
by 2pedals
Sun Apr 14, 2019 9:59 pm
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 7182

Re: If you have plenty of money, why not 100% stocks in retirement?

If you have ample resources that you can afford to weather downturns, why not keep your money 100% stocks in retirement? Stocks return better than bonds, so you would have better overall portfolio returns. You would have to be willing to sell stocks/funds during downturns to pay for your expenses. ...
by 2pedals
Sun Apr 14, 2019 10:05 am
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 7182

Re: If you have plenty of money, why not 100% stocks in retirement?

If you have ample resources that you can afford to weather downturns, why not keep your money 100% stocks in retirement? Stocks return better than bonds, so you would have better overall portfolio returns. You would have to be willing to sell stocks/funds during downturns to pay for your expenses. ...
by 2pedals
Fri Apr 12, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8645

Re: Buying a house next year. Wife wants a big house. Thoughts?

The nature of the BH demo means the responses will skew "smaller." And if the bigger option involves a vaulted ceiling in a soulless foyer, then you probably should put your foot down. Whatever you do, go for a quality job (and good neighbors). Don't ever ever ignore your significant other -- whate...
by 2pedals
Fri Apr 12, 2019 10:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 902
Views: 86911

Re: U.S. stocks continue to soar!

All these soaring, crashing and timing posts, plus all the talking heads everyday leads to far too much confusion. A new china trade agreement will lead to newer and newest trade deals and is just mostly noise for the long term investor. I like to remember the simple wisdom given to Jack Bogle early...
by 2pedals
Thu Apr 11, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: supplemental dental& vision insurance plans
Replies: 12
Views: 900

Re: supplemental dental& vision insurance plans

Agreed it is expensive, I look at workplace dental and vision as mainly a benefit rather than insurance. It covers part of some basic costs but not much more. In my mind dental and vision insurance plans are mainly cost management plans with a very small insurance component. Dental insurance is very...
by 2pedals
Sat Apr 06, 2019 9:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5785

Re: Larry Swedroe: Expected Vs. Realized Returns

BTW, by published I meant on such sites as SSRN, soon as it hits shortly thereafter premiums have shrunk, on average. Investors become aware and try to capture premiums. Larry Then it doesn't sound like investment options tailored to capture the premiums are responsible for the subsequent reduction...
by 2pedals
Sat Apr 06, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5785

Re: Larry Swedroe: Expected Vs. Realized Returns

Larry Swedroe quote: For factors other than market beta (such as size and value), we have chosen to give the historical premium a one-third haircut—based on research showing some degradation of premiums, even risk-based ones, occurs post-publication. That, in turn, helps us determine the most approp...
by 2pedals
Thu Apr 04, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2283

Re: Clipless pedals for a hybrid bike

Shimano SPD M520 Ha! See the photo with that post. I have these because they were essentially the cheapest. One can put a platform on one side as well. My spouse has these on her bikes, too. (keyword: platform SPD, easy to find) I have mountain bike shoes that I can walk in, but I would not wear th...
by 2pedals
Thu Apr 04, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2283

Re: Clipless pedals for a hybrid bike

Shimano SPD M520 If going for this style of pedal, I'd suggest stepping up one grade. I think that would be an M540. The M520 has too much plastic, especially for a 300# rider. If you want to spend $80 rather $45 go for it, both pedals are excellent and highly regarded. I like the M520 because they...
by 2pedals
Thu Apr 04, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2283

Re: Clipless pedals for a hybrid bike

Shimano SPD M520
by 2pedals
Wed Apr 03, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: [Can I retire with these investments?]
Replies: 8
Views: 1425

Re: [Can I retire with these investments?]

Larry Swedroe has an article suggesting that corporate bonds are not worth the risk.

Are Corporate Bonds the Worth the Risk?
by 2pedals
Wed Apr 03, 2019 10:21 pm
Forum: Personal Investments
Topic: Vanguard S&P, Wellesley, and LifeStategy Growth
Replies: 8
Views: 819

Re: Vanguard S&P, Wellesley, and LifeStategy Growth

I would spend some time reviewing the three-fund portfolio and tax efficient fund placement. After you define your desired asset allocation place the three funds in a tax efficient way. https://www.bogleheads.org/wiki/Three-fund_portfolio https://www.bogleheads.org/wiki/Tax-efficient_fund_placement
by 2pedals
Wed Apr 03, 2019 9:18 am
Forum: Personal Investments
Topic: Investors Fantasy Plan
Replies: 9
Views: 671

Re: Investors Fantasy Plan

If you like your abode and don't mind renting for the next 9-10 years until you retire, why would you want to have a larger pile for a house purchase in a HCOL? For most retirement is about keeping real estate taxes/costs lower and down sizing.
by 2pedals
Tue Apr 02, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 149
Views: 11571

Re: Just Bought an Annuity

Thanks for sharing I like it, a well thought out plan. I think you will be sleeping well at night and will be enjoying your travels. :beer
by 2pedals
Thu Mar 28, 2019 9:23 am
Forum: Personal Investments
Topic: Today I turned 30, and I woke up wanting to better my financial future!
Replies: 46
Views: 4700

Re: Today I turned 30, and I woke up wanting to better my financial future!

My job has a nice pension plan - I add 6.7% of my earnings while my company matches 6.7% for a total of 13.4%. My wife has a Roth 401k account through her work where she adds 6% of her earnings while her company matches 3%. Does your plan or your wife's plan company allow for more than what you are...
by 2pedals
Tue Mar 26, 2019 2:13 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel
Replies: 2
Views: 651

Re: Burton Malkiel

The Elements of Investing

https://www.amazon.com/dp/B0030F2SBG
by 2pedals
Tue Mar 26, 2019 10:38 am
Forum: Personal Investments
Topic: Baby Boglehead - Investing after "winning the game"
Replies: 42
Views: 7731

Re: Baby Boglehead - Investing after "winning the game"

I would look at bond tents, Kitces has an article for a summary of the concept. https://www.kitces.com/blog/managing-portfolio-size-effect-with-bond-tent-in-retirement-red-zone/ I am in early retirement with 45% stocks/55% bonds and this idea has prompted me to spend down bonds if needed in early re...
by 2pedals
Tue Mar 26, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: New Hampshire PhD student – Rent or Buy
Replies: 13
Views: 677

Re: New Hampshire PhD student – Rent or Buy

wilked wrote:
Tue Mar 26, 2019 7:43 am
rent, no question
+1
by 2pedals
Sat Mar 23, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

malabargold wrote:
Sat Mar 23, 2019 5:34 am
Yawn
Every recession has been followed by yet another all time stock high
😴 I am sleeping well at night.

Proper your asset allocation should let you sleep well at night and wake up every morning refreshed.
by 2pedals
Fri Mar 22, 2019 9:31 am
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 11730

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

The math on these are flawed. They assume new vehicles every 5 years and getting nothing back when selling/trading in the 5 year old vehicle. 9% real return is unrealistic. Maybe 5% tops. It is what it is based on the assumptions made. They assume 15k miles per year, average state taxes, maintenanc...
by 2pedals
Thu Mar 21, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna minivan for road trips
Replies: 23
Views: 1422

Re: Toyota Sienna minivan for road trips

With proper training, permits and safety equipment/apparel you could probably also use it to haul hazardous waste. But would you ? of course not but why would you ask :confused That is a very big stretch from camping gear/travel gear to hazardous waste hauler. Are you trying say I need a different ...
by 2pedals
Wed Mar 20, 2019 8:04 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna minivan for road trips
Replies: 23
Views: 1422

Re: Toyota Sienna minivan for road trips

Thanks you all for the replies.

At one point I was thinking about getting a cargo van. I am leaning toward the minivan for better fuel economy, passenger/cargo versatility and creature comforts.
by 2pedals
Tue Mar 19, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna minivan for road trips
Replies: 23
Views: 1422

Toyota Sienna minivan for road trips

Dear Wife and I am recently retired. I am looking at a new or very lightly used Toyota Sienna for road trips. DW has a 2018 Toyota Corolla. I have a 2012 Toyota Corolla with 60k miles and thinking of trading it in for the Sienna. I believe the Sienna would be much nicer for long road trips with fold...
by 2pedals
Mon Mar 18, 2019 5:41 pm
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 10317

Re: How to get over a $25K stock market loss?

The experience has scarred me enough to swear off of equities, but I know that will be a wealth killer in the long run (we are still 25-30 years away from retirement). Any tips on how I can get over this feeling and go back to being a responsible/prudent investor? rickgrimes Welcome to the Boglehea...
by 2pedals
Sun Mar 17, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 7749

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

nolesrule wrote:
Sun Mar 17, 2019 9:21 am
An Odyssey is overkill if you only have 2 kids.
It can be a very nice family road trip vehicle.
by 2pedals
Sat Mar 16, 2019 9:03 pm
Forum: Personal Investments
Topic: 3-fund portfolio relevance as of now
Replies: 24
Views: 2932

Re: 3-fund portfolio relevance as of now

Yes, without doubt.
by 2pedals
Sat Mar 16, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: AmEx Blue Cash Everyday Card
Replies: 26
Views: 2003

Re: AmEx Blue Cash Everyday Card

Mine dropped from 25k to 12.5k for the same reason given.
by 2pedals
Thu Mar 14, 2019 10:19 am
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 15565

Re: Can't see retiring without 15x-30x fixed income

Being healthy and retired is not fun 24/7. There is still sleep, yard and housekeeping duties making it about 14/7 rather than 2/7. :twisted:
by 2pedals
Wed Mar 13, 2019 2:14 pm
Forum: Personal Investments
Topic: Long Time Lurker - Portfolio Analysis
Replies: 10
Views: 1175

Re: Long Time Lurker - Portfolio Analysis

Will your 30 year house loan be paid in full before age 60? Do you plan to retire in a 1.6+ million house? Do you have any kids that may want to go to college? Do you have a pension? Off the cuff I say no. Your lifestyle is a bit rich with a savings of 2.2M and an income of 450k. Thank you for the ...
by 2pedals
Tue Mar 12, 2019 11:59 pm
Forum: Personal Investments
Topic: Long Time Lurker - Portfolio Analysis
Replies: 10
Views: 1175

Re: Long Time Lurker - Portfolio Analysis

Will your 30 year house loan be paid in full before age 60? Do you plan to retire in a 1.6+ million house? Do you have any kids that may want to go to college? Do you have a pension?

Off the cuff I say no. Your lifestyle is a bit rich with a savings of 2.2M and an income of 450k.
by 2pedals
Mon Mar 11, 2019 8:43 pm
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 15565

Re: Can't see retiring without 15x-30x fixed income

Maybe it is because I want to retire in my 50s and not my 30s or 40s or that I feel the value of my human capital falls off a cliff the day I retire but I have trouble understanding why anyone would want to retire without having somewhere between 15x-30x in safe fixed income. From my perspective if...