Search found 1718 matches

by dwickenh
Sun Oct 13, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Intermediate bonds vs 50/50 ST/LT bonds in retirement portfolio
Replies: 14
Views: 996

Re: Intermediate bonds vs 50/50 ST/LT bonds in retirement portfolio

I agree that there is no great advantage to making the bond side more complicated. Having said that, I have a short term fund for year 2 and 3(taxable account), 2 intermediate funds for years 4-12(IRA). I use Total Bond and Vanguards intermediate bond index. Both have ample treasuries and together t...
by dwickenh
Sun Oct 13, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout - which option?
Replies: 14
Views: 1265

Re: GE Pension Buyout - which option?

In response to “You do not mention if you have a partner that may require taking a survivor option on the pension.” I am married but nest egg is more than adequate to support my wife should I pass away before her. So, no survivor option needed in my case. The spouses will have a field day with that...
by dwickenh
Sun Oct 13, 2019 9:55 am
Forum: Personal Investments
Topic: Investment guidance 42 yr old single
Replies: 6
Views: 781

Re: Investment guidance 42 yr old single

Hello mratcliffe, 1. I am unable to determine how much of your portfolio is in bonds. At your age and time to retirement, anywhere from 80 stocks/20 bonds to 50/50 would be reasonable. 2. The number of funds in your After tax IRA is complicated, likely due to your advisor making things complicated. ...
by dwickenh
Sun Oct 13, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout - which option?
Replies: 14
Views: 1265

Re: GE Pension Buyout - which option?

Without knowing anything about the rest of your retirement readiness, I would also pick option C. You do not mention if you have a partner that may
require taking a survivor option on the pension.
by dwickenh
Tue Oct 08, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: "Bogle on Mutual Funds" A Gem
Replies: 23
Views: 2700

Re: "Bogle on Mutual Funds" A Gem

Thank you Taylor, I have the 2001 version of the 12 Pillars of Wisdom during a speaking engagement. He presented them during the 2001 bear market and made sure people knew that he himself had questioned the wisdom once, but stayed the course none the less. I have that speech as reading material in m...
by dwickenh
Tue Oct 08, 2019 8:11 pm
Forum: US Chapters
Topic: Jack Bogle Professional Photos
Replies: 5
Views: 992

Re: Jack Bogle Professional Photos

Great photos, I sure miss his quick wit and presence.
by dwickenh
Tue Oct 08, 2019 11:31 am
Forum: Personal Investments
Topic: Rolling over 401k into IRA
Replies: 5
Views: 389

Re: Rolling over 401k into IRA

If she is working for another company with a 401K, she could roll the old 401K into the current employer 401K. 1. Go to Morningstar.com and check the asset allocation of each fund to determine if they are comparable. 2. Direct transfer is best, have any check made payable to the IRA Broker only. 3. ...
by dwickenh
Tue Oct 08, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4519

Re: Help Me Decide on a New Vehicle?

Toyota Highlander +1 I just bought a new Highlander due to a great rebate and pricing from a local dealer. There is a redesigned model for 2020 so they are dealing on the last year for this model(2019). I had a Honda CRV and was happy with it in town. Like you, I was traveling more and wanted a bet...
by dwickenh
Thu Oct 03, 2019 9:00 am
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 11994

Re: Learnings/Regrets from last two recessions

I did nothing for both of the recessions. I kept buying at my 65/35 allocation and had my 401K on auto rebalance during the 08-09 time period. I was not brave or smart, I was busy helping raise 4 kids and working 6 days a week at a Collision repair shop that I partially owned. After selling the repa...
by dwickenh
Mon Sep 23, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Quiz: How Well Do You Know Social Security
Replies: 37
Views: 3318

Re: Quiz: How Well Do You Know Social Security

9 out of 9, tied you.

Dan
by dwickenh
Sun Sep 22, 2019 8:48 am
Forum: Investing - Theory, News & General
Topic: why buy bonds if interest rates become negative
Replies: 26
Views: 2983

Re: why buy bonds if interest rates become negative

Stuff the mattress with 1/2 and hope stocks climb the wall of worry. :sharebeer
by dwickenh
Sun Sep 22, 2019 8:40 am
Forum: Personal Investments
Topic: Is this a good portfolio mix for a retiree?
Replies: 22
Views: 2737

Re: Is this a good portfolio mix for a retiree?

Hello, I'm looking for a simple 2-4 ETF Fund strategy for a retiree with cash sitting in the bank and currently not invested. Need something simple. Age: 67 and retired Funds: low seven figures all in cash now. Income: none Debt: none Six month emergency fund: already funded Here's where I plan on ...
by dwickenh
Tue Sep 17, 2019 5:50 pm
Forum: Personal Investments
Topic: increase fcbfx position?
Replies: 3
Views: 223

Re: increase fcbfx position?

Fidelity® Corporate Bond for those that don't speak ticker. I would not use this fund due to the composition and expense. It is heavily comprised of corporate bonds with little government bonds. This fund might compliment an intermediate treasury fund, but alone is too risky for me. I would only add...
by dwickenh
Sun Sep 15, 2019 10:06 am
Forum: Personal Investments
Topic: Where to deploy a lump sum
Replies: 7
Views: 788

Re: Where to deploy a lump sum

If you will need this money back in less than 5-7 years, I would stick with cash or very short term fixed income. Stocks are too variable over shorter periods to be trusted to maintain principal.
by dwickenh
Sun Sep 15, 2019 10:00 am
Forum: Personal Investments
Topic: Is this enough for retirement?
Replies: 17
Views: 3451

Re: Is this enough for retirement?

It seems that your 12 years of fixed income and 15 years of equities would give you a total of 27 years of expenses covered beyond SS. This is thought to be reasonable as 25 times expenses is sometimes used as a target. I would prefer for my own retirement to have a little cushion above that, maybe ...
by dwickenh
Fri Sep 13, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis for Inherited Shares
Replies: 11
Views: 848

Re: Cost Basis for Inherited Shares

Thanks Gill for the clarification.

Dan
by dwickenh
Fri Sep 13, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: "Estate Planning Checklist" (for all of us)
Replies: 23
Views: 3726

Re: "Estate Planning Checklist" (for all of us)

And why not name several beneficiaries for a brokerage account?

From the article link " If you'd like to leave taxable bank or brokerage accounts to multiple beneficiaries, it's smart to do so via your will rather than transfer/payable on death registration."
by dwickenh
Fri Sep 13, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis for Inherited Shares
Replies: 11
Views: 848

Re: Cost Basis for Inherited Shares

I went through this in Illinois this year on a joint account with my wife. Vanguard was great about handling the 50% step up basis in cost for the shares owned jointly. I do not think that all of the shares get a step up basis unless the account was only in his name with you as the beneficiary. I am...
by dwickenh
Wed Sep 11, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 26
Views: 3083

Re: Baseline income options for early retirees?

It does make sense for her to take her own benefit at 62 and then wait to take spousal when you take yours at 70.
by dwickenh
Wed Sep 11, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: Day Trading for a Living?
Replies: 44
Views: 3922

Re: Day Trading for a Living?

The article will not stop the few that constantly brag on how they beat the market daily with trading individual stocks, options, puts,I and any other instrument they can name. My take on it is that if you can score big and get out, you have a chance. The same is true of gambling, but how many reall...
by dwickenh
Wed Sep 11, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 26
Views: 3083

Re: Baseline income options for early retirees?

I retired at 53 last year and plan to delay SS till 70 (unless things change between now and then). DW will probably claim spousal at 62. I put 20 years of base income needs in short and medium term treasury funds. And I didn't retire until I felt a traditional type SWR of 2.5% would meet our basic...
by dwickenh
Wed Sep 11, 2019 3:18 pm
Forum: Personal Investments
Topic: Tax loss harvesting in brokerage accounts
Replies: 11
Views: 801

Re: Tax loss harvesting in brokerage accounts

I wouldn't worry about the small cap fund. Just tax loss harvest between the total market index fund, s&P 500 index fund, and large cap index fund (i think ticker for vanguard is vv). If you end up with large holdings in taxable in the S&P 500 or large cap index you could supplement with an extende...
by dwickenh
Fri Sep 06, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: How does my auto insurance look to you? Is the coverage ok?
Replies: 43
Views: 2387

Re: How does my auto insurance look to you? Is the coverage ok?

Med Pay will handle any medical claim in or on the vehicle without determining liability. Think child's hand caught in door, passenger falling out of the vehicle and breaking wrist, and medical bills of passengers in an accident. Usually 10-20K is enough for Med Pay. The Property Damage liability s...
by dwickenh
Fri Sep 06, 2019 7:07 am
Forum: Personal Finance (Not Investing)
Topic: How does my auto insurance look to you? Is the coverage ok?
Replies: 43
Views: 2387

Re: How does my auto insurance look to you? Is the coverage ok?

Med Pay will handle any medical claim in or on the vehicle without determining liability. Think child's hand caught in door, passenger falling out of the vehicle and breaking wrist, and medical bills of passengers in an accident. Usually 10-20K is enough for Med Pay. The Property Damage liability sh...
by dwickenh
Sun Sep 01, 2019 8:06 pm
Forum: Investing - Theory, News & General
Topic: Bad time to buy total bond?
Replies: 32
Views: 4604

Re: Bad time to buy total bond?

1 year ago, we had numerous posts on "why keep/buy bond funds" when the interest rates were rising and funds were falling. The reason to keep/buy them is the same reason to do it when things were not so great. We don't know the future!! I kept mine (50% bonds) and have been rewarded for doing so. I...
by dwickenh
Sun Sep 01, 2019 8:15 am
Forum: Personal Investments
Topic: Timing a Down Market
Replies: 28
Views: 3328

Re: Timing a Down Market

Thankfully I do not watch the news, have no idea what the "experts" are saying, and thus have never thought I knew anything more than anyone else. I am invested in target date funds so they do all of the "market timing" on my behalf. Never needed to second guess or alter course since I have no say ...
by dwickenh
Sun Sep 01, 2019 8:06 am
Forum: Non-US Investing
Topic: Four year review - Way forward or am I doing something wrong?
Replies: 19
Views: 2399

Re: Four year review - Way forward or am I doing something wrong?

Maybe the answer is to increase your savings rate? Short term results should not be considered when making a decision about the next 20-25 years. Keep enough in the savings account for emergencies and put the rest to work in your choice of index funds.
by dwickenh
Sun Sep 01, 2019 7:55 am
Forum: Investing - Theory, News & General
Topic: Bad time to buy total bond?
Replies: 32
Views: 4604

Re: Bad time to buy total bond?

1 year ago, we had numerous posts on "why keep/buy bond funds" when the interest rates were rising and funds were falling. The reason to keep/buy them is the same reason to do it when things were not so great. We don't know the future!! I kept mine (50% bonds) and have been rewarded for doing so. IP...
by dwickenh
Thu Aug 29, 2019 6:38 pm
Forum: Investing - Theory, News & General
Topic: "The Importance of Simplicity"
Replies: 24
Views: 2423

Re: "The Importance of Simplicity"

Warren Buffett's Words of Wisdom: “If a statue is ever erected to honor the person who has done the most for American investors, the hands down choice should be Jack Bogle.” Love that quote! Until one is erected, we are Jack's statue. There is a statue of Mr. Bogle on Vanguard’s campus. I have seen...
by dwickenh
Thu Aug 29, 2019 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Social security now or latet
Replies: 19
Views: 1713

Re: Social security now or latet

I would not let uncertainty make your decision. I would base it on your need for the money, general health, and other funds that may allow you to delay. The decision if single seems a little easier as there is no spouse to worry about getting survivor benefits. 62 would not be my first choice unless...
by dwickenh
Wed Aug 21, 2019 3:25 pm
Forum: Personal Investments
Topic: How to approach your bond allocation in retirement and where to draw income from?
Replies: 4
Views: 735

Re: How to approach your bond allocation in retirement and where to draw income from?

1. I do both VBTLX (total bond) and VBILX(intermediate index) along with VSCSX(short term corporate index). If you only want one, I would settle on VBTLX. 2. I would take dividends and interest for income as you are already being taxed on those. If you need more, just take the proceeds from re-balan...
by dwickenh
Tue Aug 20, 2019 10:47 am
Forum: Personal Investments
Topic: Anyone else more aggressive in retirement than required?
Replies: 52
Views: 4349

Re: Anyone else more aggressive in retirement than required?

I could likely go to all cash and have "enough" due to my low cost of living. I could also grow all my own veggies, raise beef and pork, and have hens laying eggs. I choose to live dangerously by buying these commodities and investing 50% of my monies in equities and 45% in bonds, 5% cash. It makes ...
by dwickenh
Thu Aug 15, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: Personal Flagship Representaive Going Away
Replies: 126
Views: 12713

Re: Vanguard discontinuing dedicated account rep.s for Flagship clients

You can handle your Asset Allocation it seems, but could you handle it if the market corrects 19%? That may be the value of that .3% you are paying to PAS. Only you can answer the question.

Best to you,

Dan
by dwickenh
Wed Aug 14, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12294
Views: 2099135

Re: U.S. stocks in free fall

Tax loss harvested about 3K from a spec ID lot of VTSAX today. Ive been waiting to get next years 3000 reduced income covered. No re-balance needed yet!!
by dwickenh
Tue Aug 13, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: Any downside to changing cost basis method?
Replies: 13
Views: 1042

Re: Any downside to changing cost basis method?

I have a Vanguard account, with two funds set to average cost basis, but I realize now that specID would be better (more flexibility for TLH, etc). Any downsides, major headaches this could cause, other than the new method not applying to past purchases? If you are re-investing dividends, quit due ...
by dwickenh
Tue Aug 13, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: Any downside to changing cost basis method?
Replies: 13
Views: 1042

Re: Any downside to changing cost basis method?

I have a Vanguard account, with two funds set to average cost basis, but I realize now that specID would be better (more flexibility for TLH, etc). Any downsides, major headaches this could cause, other than the new method not applying to past purchases? If you are re-investing dividends, quit due ...
by dwickenh
Tue Aug 13, 2019 8:37 am
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10369

Re: this time it's different

An excerpt from an article claiming we are entering a period of secular stagnation, and the reasons why: https://www.npr.org/sections/money/2019/08/13/750567617/is-our-economy-in-the-upside-down Just wondering if others feel the coming decades will be fundamentally different from the past, and how ...
by dwickenh
Fri Aug 09, 2019 9:54 am
Forum: Investing - Theory, News & General
Topic: Schwab monthly income fund
Replies: 5
Views: 810

Re: Schwab monthly income fund

In a taxable account, a 3 fund will likely work just as well. You can spend the dividends and interest, then sell shares as needed to get to your % need for retirement. Cost will be lower, which is the obvious thing you can control.
by dwickenh
Thu Aug 08, 2019 6:49 am
Forum: Personal Investments
Topic: Is this a logical selling strategy?
Replies: 10
Views: 895

Re: Is this a logical selling strategy?

I think your plan might make sense, but I also think 2.5% of 30,000 is 750.00 interest over one year. The tax on that amount at 22% is 165.00. In the scheme of things with the purchase of a 30,000 dollar vehicle, 165.00 seems minor. It may be more trouble than it is worth, but that is your decision ...
by dwickenh
Wed Aug 07, 2019 9:09 am
Forum: Personal Investments
Topic: Would like a more aggressive AA, but wait until a bear?
Replies: 26
Views: 2189

Re: Would like a more aggressive AA, but wait until a bear?

If you don't need to take extra risk, why are you considering the move. It sounds more like chasing performance. I agree that you may find a new respect for your allocation in a bear market. "Don't just do something, stand there" is one of my favorite quotes.

Good luck on your decision.

Dan
by dwickenh
Wed Aug 07, 2019 9:04 am
Forum: Personal Investments
Topic: Can't Decide To Replenish Total Bond Or Not
Replies: 4
Views: 678

Re: Can't Decide To Replenish Total Bond Or Not

I would look at my Asset Allocation and put the funds where it is needed to re-balance to my asset allocation.. If you don't have an allocation, it is something you need to work on. I did just that in early July with funds from a sale of property. It included investing a large sum in bonds. Don't tr...
by dwickenh
Mon Jul 29, 2019 1:51 pm
Forum: Personal Investments
Topic: Drawing from Portfolio to Delay Social Security
Replies: 16
Views: 1982

Re: Drawing from Portfolio to Delay Social Security

There are lots of moving parts to your decision on SS and drawing from taxable accounts. I would consider pulling the funds from the tax sheltered accounts to reduce the RMDs at 70 1/2 as it will be 100% taxable. SS if drawn at 70 will be at the most 85% taxable which makes it more valuable than th...
by dwickenh
Sun Jul 28, 2019 9:22 pm
Forum: Personal Investments
Topic: Drawing from Portfolio to Delay Social Security
Replies: 16
Views: 1982

Re: Drawing from Portfolio to Delay Social Security

There are lots of moving parts to your decision on SS and drawing from taxable accounts. I would consider pulling the funds from the tax sheltered accounts to reduce the RMDs at 70 1/2 as it will be 100% taxable. SS if drawn at 70 will be at the most 85% taxable which makes it more valuable than the...
by dwickenh
Sun Jul 28, 2019 9:13 pm
Forum: Personal Investments
Topic: Advice on taking a draw from Vanguard accounts
Replies: 8
Views: 1026

Re: Advice on taking a draw from Vanguard accounts

The percentage you want to draw is within reason for your ages. You don't mention if these accounts are tax sheltered or taxable accounts. If tax sheltered, you will have to pay taxes on the withdrawals, so you may need to pull more than 3% to get the money needed. If these are taxable accounts, mak...
by dwickenh
Sun Jul 21, 2019 8:34 pm
Forum: Personal Investments
Topic: International Bond Fund - yes or no?
Replies: 61
Views: 5124

Re: International Bond Fund - yes or no?

I have about 5.5 % in international bonds = 10% of my bond allocation. This is obtained through Vanguard total bond and VBILX intermediate bond index fund. I do not own a separate international bond fund. Dan That is a bit different in that these are USD-denominated bonds whose prices respond to ch...
by dwickenh
Sun Jul 21, 2019 7:08 am
Forum: Personal Investments
Topic: International Bond Fund - yes or no?
Replies: 61
Views: 5124

Re: International Bond Fund - yes or no?

I have about 5.5 % in international bonds = 10% of my bond allocation. This is obtained through Vanguard total bond and VBILX intermediate bond index fund. I do not own a separate international bond fund.

Dan
by dwickenh
Fri Jul 19, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: What is the optimal market movement if investing 20% of portfolio today?
Replies: 9
Views: 856

Re: What is the optimal market movement if investing 20% of portfolio today?

"But as a theoretical matter, what am I hoping for today?" 3 good meals and a good nights sleep later on. I would likely prefer the market go up as 80% of portfolio will benefit, the 20% will buy a little less than anticipated. Truth is, one day doesn't matter. I just did this on July 5th with 160K ...
by dwickenh
Fri Jul 19, 2019 8:13 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 113
Views: 10456

Re: Gardening 2019

Cucumbers, peppers and tomatoes are being harvested. I planted sunflowers for the beauty and they are thriving. Some are over 8 feet tall with multiple blooms. Okra is coming along fine, with harvest usually starting mid to late July.
by dwickenh
Mon Jul 15, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Geico subrogation claim
Replies: 22
Views: 2873

Re: Geico subrogation claim

This scenario is why those who advise not to tell your own insurance company are so misguided. What do you mean? It is clear that informing your own Insurance Company is always the best choice. I would caveat this with the following... If you do not have full coverage on your own vehicle your insur...