Search found 642 matches

by 2pedals
Sun Dec 09, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 113
Views: 4669

Re: Do long-term bonds belong in one's portfolio?

If you are 60+ yo retired with significant savings, pension and social security that covers all expenses. Discretionary and lumpy will come from the savings. The added risks are not worth it to me. I will take my risks on the equity side of my allocation with savings. Having said that I am not again...
by 2pedals
Thu Dec 06, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 172
Views: 12207

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Interesting fund, but I will not be investing in this fund. It would violate my self imposed rule that risks are to be taken on the equity side of the asset allocation and 90% equity is too much for me (I would be unable to sleep well at night). Entering the futures markets on the bond side will inc...
by 2pedals
Wed Dec 05, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vang Wellesley for Retirement
Replies: 37
Views: 4208

Re: Vang Wellesley for Retirement

Why would anyone add additional funds outside of Wellesley since it is a managed fund and if it meets your needs ? Is that not skewing the entire portfolio by adding various other funds and not stick with Wellesley ? Many folks here would argue that managed funds do not meet their needs alone. They...
by 2pedals
Sat Dec 01, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: The Coming Retirement Crisis - Real Vision
Replies: 14
Views: 3142

Re: The Coming Retirement Crisis - Real Vision

OMG, the drama, everything is a problem "it's baked in the cake". :oops:
by 2pedals
Thu Nov 29, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: First year with financial planner managing IRA did worse than index fund, should I pull out?
Replies: 24
Views: 2068

Re: First year with financial planner managing IRA did worse than index fund, should I pull out?

I'm feeling ripped off, but realize that the performance is only after a single year, so I cannot accurately judge the long-term performance against an index fund. But I am seriously considering pulling out and putting it into FXAIX. Congratulations for figuring this out early before the fees on yo...
by 2pedals
Mon Nov 26, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Am I too risk averse?
Replies: 45
Views: 3357

Re: Am I too risk averse?

To me that is big spending. :| Just shows what the term means to different people It sort of is, but it's entirely covered by my income, so my point was that I won't need to touch the $3.5M for a while. You are happy with your 300k job and don't need to use the 3.5M for a while. Your asset allocati...
by 2pedals
Mon Nov 26, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25064

Re: Bitcoin in Freefall

Bitcoin is down more than 80% from last year's high, nearing its worst-ever bear market
"crypto winter"

80% loss is not the worst-ever for the last 10 years :oops:

https://www.cnbc.com/2018/11/26/bitcoi ... -high.html
by 2pedals
Mon Nov 26, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Am I too risk averse?
Replies: 45
Views: 3357

Re: Am I too risk averse?

I think you about just about right. No need to take on more equity risk than you are willing. The sleep well at night (SWAN) concept is very important. You have about 1 million in equity allocation. It might be that your future earnings stream is small (or unstable) in comparison to your current ass...
by 2pedals
Sun Nov 25, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: It is time for a Retirement Plan
Replies: 8
Views: 942

Re: It is time for a Retirement Plan

Do you have a desire for leaving a legacy? I think you should consider: Selling your 401k company stock Selling Alphabet, Amazon, Apple, Facebook, Microsoft (after retirement to avoid capital gains while working) Mega backdoor for after tax contributions (if 401k allows for it) Roth conversions afte...
by 2pedals
Thu Nov 22, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4341

Re: "Investing" conversations at work

Realize you won’t convince them though. In my experience very few folks can be persuaded and it is very long and sometimes painful journey. Rather than getting into a discussion that you most likely can't win, I would first start with recommending a few good books such: https://www.bogleheads.org/w...
by 2pedals
Thu Nov 22, 2018 12:06 am
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2406

Re: Opinion Required

Jacktheman1991 wrote:
Wed Nov 21, 2018 6:40 am
We both work in the industry so track prices daily and understand market shifts(well as best as anyone can).
Please explain what a market shift is. How you are going use your knowledge to consistently outperform by moving in and out of the market?
by 2pedals
Wed Nov 21, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 50
Views: 4219

Re: What financial advice have you been most grateful for?

Mom and Dad said, be extremely careful who you marry.
by 2pedals
Wed Nov 21, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: My Name is Paul, and I am a Larimore Boglehead
Replies: 19
Views: 4569

Re: My Name is Paul, and I am a Larimore Boglehead

retiredjg wrote:
Wed Nov 21, 2018 8:31 am
Taylor Larimore wrote:
Tue Nov 20, 2018 6:58 pm
ROADMAP FOR INVESTING SUCCESS
Another vote for the Roadmap! Simple and effective.
This is a wonderful read. Thank you for sharing.
by 2pedals
Wed Nov 21, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Match in Company Stock - What do you do
Replies: 15
Views: 1544

Re: 401k Match in Company Stock - What do you do

IMHO, it is a mistake to invest in the company you are currently working for. You may be biased and brainwashed into thinking that it is a good investment. Also the risks are even higher to loosing everything if you lose your job and equity at the same time (think Enron).
by 2pedals
Tue Nov 20, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 24
Views: 1691

Re: Another high expense-ratio 401(k), Help!

Employers are legally required to manage their 401(k) plan in the best interest of the participants (fiduciary responsibility). aka they have an obligation to seek out the best plans for the employers. 401k administrators sometimes can negotiate lower fees, but they must take some initiative and en...
by 2pedals
Mon Nov 19, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8441
Views: 1662390

Re: U.S. stocks in freefall

Yes, probably right. I think my risk tolerance level is pretty close to zero. Actually, I can tolerate equity risk but it's the losing money part that freaks me out. I ought to just accept that and let the rest of you guys play on... Well, if stocks lose 20% I would be buying them in order to rebal...
by 2pedals
Mon Nov 19, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for Recent Retiree
Replies: 20
Views: 1435

Re: Asset Allocation for Recent Retiree

DW and I just retired 59 year old and I am at 45% stocks 55% bonds with a pension that will cover most expenses (but not discretionary spending). I tend to be risk adverse and AA feels about right.
by 2pedals
Wed Nov 14, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19718

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Alex I would guess you are a very intelligent person trying to rationalize a very irrational world of investing. The problem is it does not help try to predict what the stock market will do next. Set your asset allocation and stick with it. I would also recommend to read the following books, if you ...
by 2pedals
Sun Nov 11, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Better place to park cash than VMMXX or VGSH/VCSH?
Replies: 4
Views: 1003

Re: Better place to park cash than VMMXX or VGSH/VCSH?

US savings bonds (EE or I series)
TIPS (such as VAIPX Vanguard Inflation-Protected Securities Fund)
Stable value fund (your 401k may have one)
US Treasuries

Most of the options are meh.
by 2pedals
Sun Nov 11, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Cars similar to Toyota Corolla LE that I should consider for purchase?
Replies: 36
Views: 3873

Re: Cars similar to Toyota Corolla LE that I should consider for purchase?

If you drive the typical 12,000 miles a year then in five years your car will have 160,000 miles on it and it could very well still be going strong then but that is at least somewhat optimistic. In five years my Corolla will be hitting 60,000 miles and the powertrain warranty will just be ending. W...
by 2pedals
Fri Nov 09, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8965

Re: Long-term Care Insurance

Nate79 wrote:
Fri Nov 09, 2018 1:22 pm
2pedals wrote:
Fri Nov 09, 2018 1:02 pm
I wish bogleheads had a Wiki for LTCi
https://www.bogleheads.org/wiki/Long-te ... _insurance
Thank you
by 2pedals
Fri Nov 09, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8965

Re: Long-term Care Insurance

I wish bogleheads had a Wiki for LTCi
by 2pedals
Thu Nov 08, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8965

Re: Long-term Care Insurance

Some folks here have success collect on claims, some have not and some that have not made claims because they expect to be denied after onerous procedures. Insurance companies, long term care facilities, health care, medicaid, different insurance products, oh my! :shock: What is exactly going on her...
by 2pedals
Wed Nov 07, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 257
Views: 18268

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

Lowest price of the year could be the lowest price of 2018. Jan 1st might be a different story????
by 2pedals
Wed Nov 07, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8965

Re: Long-term Care Insurance

I am very confused about long term care insurance. Many different products and many different possible future needs. Makes me think I should not touch them with a ten-foot pole. It's not that complicated. I think it is a pretty murky area for most of us... I'll see if I can learn the details by fin...
by 2pedals
Wed Nov 07, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8279

Re: 1/3 of Baby Boomers have no retirement savings...

For many earlier generations sons and daughters took care of aging parents in farming communities. No retirement and no retirement savings were needed, but times have changed.
by 2pedals
Wed Nov 07, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8965

Re: Long-term Care Insurance

I am very confused about long term care insurance. Many different products and many different possible future needs. Makes me think I should not touch them with a ten-foot pole.
by 2pedals
Tue Nov 06, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113846

Re: High Earners - What's Your Profession?

A specialist in a mega corp engineering field >200k. (prior to retirement)
by 2pedals
Mon Nov 05, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my Retiree Investment Policy Statement, if you will
Replies: 6
Views: 994

Re: Critique my Retiree Investment Policy Statement, if you will

Seems like "gradual increase in (stock) allocation to reduce early retirement sequence of returns risk" has it backwards. If you have avoided a poor sequence of returns, you may have the ability to revisit your allocation and increase your stock allocation. If in fact you do get a poor sequence of ...
by 2pedals
Mon Nov 05, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my Retiree Investment Policy Statement, if you will
Replies: 6
Views: 994

Re: Critique my Retiree Investment Policy Statement, if you will

i like the overall theme of your IPS. i dont think you have to be so dogmatic about what specific AA you will hold. that may change, and thats ok. i think saying more broadly "dont try to past 80:20 or 20:80" would be just as helpful. otherwise, best of luck. Thank you I reworded it a bit based on ...
by 2pedals
Sun Nov 04, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my Retiree Investment Policy Statement, if you will
Replies: 6
Views: 994

Critique my Retiree Investment Policy Statement, if you will

I am a recent retiree (59 yo) and would like a review of my Retiree Investment Policy Statement. Goals & Investment Objectives Use market index funds as the core holdings for equity allocation (for low cost and diversity). Minimize potential tax liabilities via Roth conversions and Tax-efficient fun...
by 2pedals
Sun Nov 04, 2018 3:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 331
Views: 47980

Re: Roll Call for the Retirement Class of 2018!

I just started my journey. This is my first weekend without having to think about going back to work on Monday (maybe forever). I always dreaded Monday. Now I don't have a good reason to dread Monday any more than Friday. :mrgreen:
by 2pedals
Sat Nov 03, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 66
Views: 4893

Re: Engineering school

Many excellent Midwest engineering schools to pick from, the following is not an exhaustive list Northwestern University University of Notre Dame Washington University in St. Louis Case Western Reserve University Kettering University Missouri University of Science and Technology Ohio State Universit...
by 2pedals
Fri Nov 02, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 136
Views: 11539

Re: Core-4 Investing is LIVE! It really is this time!

Rick I like your website. Do you have any recommendations or general guidelines for which portfolio to pick based on your stage in life such as someone entering early career versus recently retired? For example which of the core-4 would you use for an early retiree. Looks like a lot of cross over be...
by 2pedals
Wed Oct 31, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 136
Views: 11539

Re: Core-4 Investing is LIVE! It really is this time!

Thank you Rick
Many folks are not happy with 3 funds (I am though)

:thumbsup
by 2pedals
Tue Oct 30, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Kevin O'Leary: owning a car is a terrible idea
Replies: 43
Views: 3356

Re: Kevin O'Leary: owning a car is a terrible idea

Financially speaking, though, car ownership today is a terrible idea, O’Leary said.
Financially speaking, though, an entertainment center and furniture ownership today is a terrible idea -- 2pedals
by 2pedals
Mon Oct 29, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: E911 Service
Replies: 20
Views: 1051

Re: E911 Service

Afterthought, if you have a cell phone and call 911 by law it must be routed it to the call center.

No service plan is needed.
by 2pedals
Mon Oct 29, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: E911 Service
Replies: 20
Views: 1051

Re: E911 Service

I'm considering cutting my "land" line but I want the 911 service to be 100%. Does anyone have any first hand experience dialing 911 from an e911 provider? It appears there are lots of subscribers but few people that have used it. I was able to get an Obi202 device to work with both PhonePower and ...
by 2pedals
Mon Oct 29, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: E911 Service
Replies: 20
Views: 1051

Re: E911 Service

Smoke wrote:
Mon Oct 29, 2018 11:26 am
I use a free service with my google voice/obihai for 911.
Never used it though and hope never to have to.

https://smart911.com/smart911
I am curious to know how you configured your obi device to work with smart911.
by 2pedals
Mon Oct 29, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: E911 Service
Replies: 20
Views: 1051

Re: E911 Service

I currently use Google Voice via an OBi device. I have used different VOIP providers ANVEO and Phone Power for E911 in the past (rerouted to my Google Voice number). Since Google Voice is a free service and does not include E911, I initially signed up for ANVEO for the E911 service only. I later swi...
by 2pedals
Mon Oct 29, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 99
Views: 8859

Re: David Swensen Unconventional Success

Hey, I found this from Financial Page a Bogleheads Blog. Didn't even know the blog existed. https://finpage.blog/2018/01/12/david-swensens-portfolio-from-unconventional-success-2017-update/ Thanks for sharing. I was unaware of this site as well. Looks like the home page is here. https://finpage.blo...
by 2pedals
Sun Oct 28, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9438

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

Oh, my apologies about the confusion, guys...I was playing loose with my words. The market hasn't actually taken me down to 30% stocks (thankfully). I should have written "began to comply" instead of "complied." (I mentioned this in a response upthread but will now edit my original post.) So I'm no...
by 2pedals
Sun Oct 28, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9438

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

I don't even think this thread is about rebalancing or withdrawal. Go back to the original post. This is about a poster who made the decision to re-allocate, not rebalance, and is having trouble pulling the trigger because the market is down. I beg to differ, the original post question was about wi...
by 2pedals
Sun Oct 28, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9438

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

I think it's best to let this thread go back on track, discussing rebalancing, instead of withdrawal methods. I maintain that rebalancing is the logical thing to do . Rebalancing may or may not be part of the withdrawal method to be used, i.e. some folks may just just let the AA float and never reb...
by 2pedals
Sat Oct 27, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7279

Re: Paul Merriman 2 Funds for Life

Hi Garland, At 75 I still hold a traditional Ultimate Buy and Hold Portfolio (50/50 stocks and bonds, with half the equities in small cap blend and small cap value) but for more conservative investors a more traditional balanced fund is probably more comfortable. What we are trying to do is develop...
by 2pedals
Fri Oct 26, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9438

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

I do not look at market downturns as a trigger for withdrawing or not-withdrawing from stocks. A market downturn is an event that may or may not change your metrics that try to achieve a "safe withdrawal rate". You metrics might be your asset allocation, tolerance and need for taking risk, the amoun...
by 2pedals
Thu Oct 25, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Mint Mobile feedback
Replies: 15
Views: 1160

Re: Mint Mobile feedback

I would wait a few months they are in the middle of a "massive upgrade" with known technical issues. https://www.reddit.com/r/mintmobile/ I tried to recently sign up for this and they sent me a SIM card with an activation code that did not work. After several tries 4 calls to customer service and da...
by 2pedals
Thu Oct 25, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12429

Re: For those waiting for a 'correction' ...

livesoft wrote:
Thu Oct 25, 2018 6:00 am
For those waiting for a 'correction' ...

Are you done waiting?

Why or why not?
I have to wait, the correctional officer said so. 😛