Search found 1625 matches

by dwickenh
Sat May 11, 2019 10:28 pm
Forum: Personal Investments
Topic: My fee only advisor at .8%
Replies: 57
Views: 8553

Re: My fee only advisor at .8%

Take your time and absorb some of the great advice you have received. Make sure you understand what your new brokerage will be charging before you make any changes. I am with Vanguard, and they have never tried to sell me into expensive funds. I am not with PAS at Vanguard, but would be very happy t...
by dwickenh
Sat May 11, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Is my friend a closet market timer?
Replies: 16
Views: 1655

Re: Is my friend a closet market timer?

A hook without a worm is easy to spot......
by dwickenh
Sat May 11, 2019 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4096

Re: Can wife Top off her Social Security benefits?

Wife can only collect half of her spouse’s benefit if she waits to FRA and husband has started taking his at his FRA. If she starts her own at 62, she will get a reduced benefit. Then at her FRA, since she was already getting a reduced benefit, her spousal will be reduced. If she waits until her ow...
by dwickenh
Sat May 11, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: How to Wire Funds from Vanguard
Replies: 9
Views: 699

Re: How to Wire Funds from Vanguard

https://personal.vanguard.com/us/litfulfillmentsec/ELFMainResults?cat=MAFM&subCat1=BYSL&subCat2= This link(after the log in) will take you to a form screen where you can wire to an account not on file. Look for the form near the bottom of this screen. I have never used this form, but it appears to b...
by dwickenh
Fri May 10, 2019 9:10 am
Forum: Investing - Theory, News & General
Topic: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)
Replies: 19
Views: 3264

Re: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)

Which funds, and which index? It's important to compare apples to apples, and not cloud the issue with a mismatch between asset classes. ETA: From the article (boldface added by me): “We believe in active management, we just don’t believe in high-cost active management,” he said, noting that the fi...
by dwickenh
Fri May 10, 2019 7:53 am
Forum: Investing - Theory, News & General
Topic: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)
Replies: 19
Views: 3264

Re: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)

Which funds, and which index? It's important to compare apples to apples, and not cloud the issue with a mismatch between asset classes. ETA: From the article (boldface added by me): “We believe in active management, we just don’t believe in high-cost active management,” he said, noting that the fi...
by dwickenh
Thu May 09, 2019 11:53 am
Forum: Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 41
Views: 9491

Re: Wellington Fund: where is the special sauce?

If you back test $AOA (ETF) against Wellington, VXWENX, they almost track the enitre time since inception. Could be a cheap alternative. They have very different investing mixes, but they track well. That's interesting. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYe...
by dwickenh
Wed May 08, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: House Purchase - Monthly Expenses
Replies: 20
Views: 1240

Re: House Purchase - Monthly Expenses

Illinois Ranch home 1750 sq ft, 3 BDR 3 Bath Zillow value of 235,000 water/sewer(month) 51.36 Electric 96.47 Garbage 23.00 Prop Taxes 450.00 Home Insurance 39.53 Maintenance (2011 build) 150.00 No mortgage Please note that I work continuously on controlling expenses. These figures are actual expense...
by dwickenh
Wed May 08, 2019 8:21 am
Forum: Investing - Theory, News & General
Topic: point of maximal pessimism for international investing
Replies: 66
Views: 5332

Re: point of maximal pessimism for international investing

... I refuse to hold index funds because I've recently learned that many US firms actually do business in non-USA countries... You should have listened to Mr.Bogle , that's among his arguments for why buying an international fund isn't necessary for U.S. investors JACK BOGLE: If you own the S&P 500...
by dwickenh
Tue May 07, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate?
Replies: 100
Views: 7155

Re: How much do you donate?

Sandtrap wrote:
Mon May 06, 2019 9:37 am
Amazon.Smile
% purchases to "Bogle" to support forum.
How much?
Lots and lots. :D
+1 Blow that Dough :sharebeer
by dwickenh
Tue May 07, 2019 3:52 pm
Forum: Personal Investments
Topic: Investing in Taxable brokerage acct at - Please advise!
Replies: 3
Views: 529

Re: Investing in Taxable brokerage acct at - Please advise!

You can keep all of your Bonds in Tax deferred, and then if you need funds, sell stocks in the taxable account and buy stocks in the deferred account(to maintain your allocation). If you sell "low", you buy em back "low" in the tax deferred account. It is just like selling bonds for your cash need, ...
by dwickenh
Mon May 06, 2019 8:17 am
Forum: Personal Investments
Topic: Asset % [split across tax-deferred/taxable/Roth]
Replies: 4
Views: 390

Re: Asset % [split across tax-deferred/taxable/Roth]

I am retired and currently have 35% taxable, 8% Roth and 57% TIRA. If I was starting over, I would likely aim for 30% taxable, 30%Roth and 40% TIRA. The reasoning is for early retirement, income control is currently important for those without health benefits from their employer. The ACA Health Plan...
by dwickenh
Mon May 06, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: Which US city would you move to?
Replies: 74
Views: 7024

Re: Which US city would you move to?

2 peeps, 29K(for ACA purposes) Crossville Tennessee for the weather, golf, and LCOL
by dwickenh
Sun May 05, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Introducing Two New Morningstar Bond Categories
Replies: 13
Views: 1045

Re: Introducing Two New Morningstar Bond Categories

Agreed, on the conservative side.
by dwickenh
Sun May 05, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: Introducing Two New Morningstar Bond Categories
Replies: 13
Views: 1045

Re: Introducing Two New Morningstar Bond Categories

I agree with the new categories for the core and core plus funds. It does help separate the risk involved within these funds. Pimco Total return should not be compared to a Core bond fund due to it's risk profile. It has a use in some peoples allocation, but not as a core bond fund in my opinion. Co...
by dwickenh
Sun May 05, 2019 11:37 am
Forum: Personal Investments
Topic: Boglehead investing through a major downturn
Replies: 36
Views: 3652

Re: Boglehead investing through a major downturn

I went through 2000-2002 and 2008 with an AA of 65/35 and never changed it. I would like to claim that I bought more stock with bond funds, but the truth is I never looked. I was busy raising a family with my SAHW and just kept putting 15-24% into my 401 k. No job loss here, although I did take a pa...
by dwickenh
Sun May 05, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: adjusting international in AA, gradual or cold turkey?
Replies: 15
Views: 827

Re: adjusting international in AA, gradual or cold turkey?

My own IPS states that any reduction in International equities be done in small stages to reach a 15-20% of equities at RMD time. This will require me to reduce them by about 2% per year for 7 years. When I re-balance, I just make sure to reduce International by 2% each year. I like to take it slow ...
by dwickenh
Wed May 01, 2019 9:14 pm
Forum: Personal Investments
Topic: Retirement Investment Advice
Replies: 5
Views: 488

Re: Retirement Investment Advice

Any of those portfolios would be reasonable for a retiree. I also wonder if your expenses are covered by your pension and Social Security, you may want to increase your amount of equities. You have the ability to take more risk, but you have to be able to stay the course if the market dives. Hard to...
by dwickenh
Tue Apr 30, 2019 9:28 pm
Forum: Personal Investments
Topic: Initial retirement investing in a record high stock market
Replies: 105
Views: 7715

Re: Initial retirement investing in a record high stock market

I liked your original plan, but it requires that you stick to the plan. The market spends a lot of time at all time highs. What you are feeling is not unusual, but part of investing is being able to put feelings aside and stick with the plan.

Good luck and best to you in retirement,

Dan
by dwickenh
Tue Apr 30, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 9106

Re: WSJ--How Schwab Ate Wall Street

I merged dwickenh's thead into a similar discussion. The combined thread is in the Investing - Theory, News & General forum. My post uses Schwab as an example, but my real question was whether it was common knowledge that a brokerage could make 57% of it's revenue just from the spread on clients mo...
by dwickenh
Tue Apr 30, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 9106

Re: WSJ--How Schwab Ate Wall Street

I knew they made money in the same vein as a bank, but I was unaware of how large the percentage. Then Vanguard makes their money the same way?
by dwickenh
Tue Apr 30, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 9106

Re: WSJ--How Schwab Ate Wall Street

I merged dwickenh's thead into a similar discussion. The combined thread is in the Investing - Theory, News & General forum. My post uses Schwab as an example, but my real question was whether it was common knowledge that a brokerage could make 57% of it's revenue just from the spread on clients mo...
by dwickenh
Tue Apr 30, 2019 3:33 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 9106

Brokerage income source may surprise you

[Thread merged into here, see below. --admin LadyGeek] I came across an article indicating the Schwab was able to increase their net Interest revenue to 53-57% of their total revenue. The money being held in cash in the brokerages are reinvested by Schwab and they gain an additional 2.4% in interes...
by dwickenh
Tue Apr 30, 2019 8:11 am
Forum: Personal Investments
Topic: How to Optimize a 60/40 allocation
Replies: 3
Views: 741

Re: How to Optimize a 60/40 allocation

I think you have clear thoughts about the accounts and how to use them for your plan. I think changing the allocation in the 403B makes sense considering a possible 2-3 year timeline for this contingent stash. It would be simple to adjust the allocation in other accounts to keep your 60/40, but chan...
by dwickenh
Tue Apr 30, 2019 8:01 am
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2444

Re: Learn from my Newbie Mistake as a Recent Bogleheads

Thanks for the info, it may help someone else from making the same mistake!! Online and auto invest are easy, but not simple. You may be helping others with your story.

VW
by dwickenh
Tue Apr 30, 2019 7:52 am
Forum: Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 51
Views: 8032

Re: So, I want to Retire - Help ?

lakpr wrote:
Mon Apr 29, 2019 7:53 pm
I think you can cut down on that cell phone bill too, unless you are locked in a contract that has prepayment penalty. Use MVNOs like cricket etc with much lower fees than AT&T, but uses the same network.
+1 for Cricket
by dwickenh
Mon Apr 29, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a hail-damaged car?
Replies: 42
Views: 2440

Re: Buying a hail-damaged car?

Salvage value on a hail damaged vehicle is usually between 30-50% of it retail value depending on the size of the hail, glass damage, and the year of the vehicle. If they are paying her 23K, she can ask about retaining the salvage depending on Texas state laws. It appears that Texas does issue a sal...
by dwickenh
Mon Apr 29, 2019 9:59 pm
Forum: Personal Investments
Topic: New to Bogleheads
Replies: 17
Views: 1008

Re: New to Bogleheads

International and emerging markets are part of the overall market, so not including them means you know something that the market doesn't know. Can you tell us why you are not sure about investing in them, and what you know that makes you think they are unnecessary. Can we just take that as a perso...
by dwickenh
Mon Apr 29, 2019 8:24 pm
Forum: Personal Investments
Topic: New to Bogleheads
Replies: 17
Views: 1008

Re: New to Bogleheads

International and emerging markets are part of the overall market, so not including them means you know something that the market doesn't know. Can you tell us why you are not sure about investing in them, and what you know that makes you think they are unnecessary. Can we just take that as a perso...
by dwickenh
Mon Apr 29, 2019 8:20 pm
Forum: Personal Investments
Topic: 80 year old investment ideas?
Replies: 15
Views: 1024

Re: Investing for an 80 year old

Many choices, but all have some risk other than CDs or money market. Intermediate term bond fund, Target retirement fund, or even Wellesley Income fund may fit the need. Intermediate term bond funds are in the 2.5 to 3% range but may not appreciate much. Target retirement fund and Wellesley will sup...
by dwickenh
Mon Apr 29, 2019 8:12 pm
Forum: Personal Investments
Topic: New to Bogleheads
Replies: 17
Views: 1008

Re: New to Bogleheads

Welcome Marvelous!! International and emerging markets are part of the overall market, so not including them means you know something that the market doesn't know. Can you tell us why you are not sure about investing in them, and what you know that makes you think they are unnecessary. There are man...
by dwickenh
Sat Apr 27, 2019 8:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 7391

Re: Vanguard Lowers 21 ETF Expense Ratios

The MF pricing at close makes one consider the sale based on one price, and knowing the next day will bring a different close. And even better: The end of day price is unknown when one places their mutual fund order. That is, one can think, "I have no control over the price that I will get, therefo...
by dwickenh
Sat Apr 27, 2019 7:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 7391

Re: Vanguard Lowers 21 ETF Expense Ratios

For Vanguard ETFs vs mutual funds, I think the main reason to choose one over the other is not expense ratio, not tax-efficiency, not Vanguard, but instead it has to do with investor personality: Can you buy ETF shares without feeling regret that you possibly could have gotten a better price a few ...
by dwickenh
Sun Apr 21, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: What are your 5 favorite tools (hand, power, other)
Replies: 33
Views: 2112

Re: What are your 5 favorite tools (hand, power, other)

1. Hoe

2. Shovel

3. Post hole digger

4. tape measure
by dwickenh
Sun Apr 21, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11000

Re: Re-Examining an assumption: 45% bonds in retirement?

If the change in bond % is for safety as you near the end of your earning years, what does yield have to do with it? I would increase my amount of monthly savings if the bond yield jepardized my retirement timeline. I am retired and have a 50% bond allocation. The amount of yield is not the reason f...
by dwickenh
Sat Apr 20, 2019 4:45 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9285

Re: Thinking about selling stocks near all time highs

Toons wrote:
Fri Apr 19, 2019 12:44 pm
I recall considering selling Mcdonalds,
When the Dow crossed 7k.
Decided to hold
:happy
Good plan!!

:sharebeer
by dwickenh
Thu Apr 18, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Bogleheads privacy warning
Replies: 61
Views: 5440

Re: Bogleheads privacy warning

livesoft wrote:
Wed Apr 17, 2019 8:06 pm
I think I'm good since at home we have no gold, no cash, no jewelry, no guns, no drugs, and not much of anything of value.
+1 I don't keep anything at home that I couldn't live without!!

25K would buy all of my contents due to simple living.
by dwickenh
Wed Apr 17, 2019 8:29 am
Forum: Personal Investments
Topic: Updating Outside Investments on Web Site
Replies: 13
Views: 623

Re: Updating Outside Investments on Web Site

I have used the "other investments" area in vanguard but found it to be lacking. I keep the entire portfolio in Morningstar and have quicken as well.
by dwickenh
Sun Apr 14, 2019 7:13 am
Forum: Personal Investments
Topic: Living Trust, how did you structure distributions.
Replies: 15
Views: 1272

Re: Living Trust, how did you structure distributions.

My family's trust used a 5 year payout for all of the assets. The first(20%) was 90 days after the death of my father. There was a 1 year(anniversary of death) ditribution, 2 years, 3 years, skipped 4 years, and the final distribution is this year. My father set it up this way due to one of the 5 si...
by dwickenh
Thu Apr 11, 2019 6:02 pm
Forum: Personal Investments
Topic: Pro's and Con's to using one investment account!
Replies: 16
Views: 1834

Re: Pro's and Con's to using one investment account!

The biggest issue with one company holding all accounts is that if they are "hacked" or have other operational difficulties you are stuck till it gets sorted out. Some might decide to divide things up IRAs at one place and taxable account elsewhere. But ideally you would have taxable accounts (with...
by dwickenh
Thu Apr 11, 2019 5:53 pm
Forum: Personal Investments
Topic: Feedback on specific retirement strategy
Replies: 11
Views: 1343

Re: Feedback on specific retirement strategy

I think your plan is sound, but wonder if it wouldn't make more sense to just spend down the 401K/IRA money to get to 70 instead of the Roth conversions. I try to be protective of my taxable account(including tax loss harvesting) and my Roth account for heirs. If you are wondering if you have enough...
by dwickenh
Thu Apr 11, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home Owners Insurance - 40 percent increase
Replies: 34
Views: 2981

Re: Home Owners Insurance - 40 percent increase

Homesite increased my HO policy premium by nearly 50% for no reason. I switched to esurance (online arm of Allstate) and saved $450+. And got higher coverage to boot. +1 on esurance, went to them 2 years ago. They did attempt to raise my Home owners by 8%, but I adjusted coverage to compensate for ...
by dwickenh
Tue Apr 09, 2019 4:00 pm
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1347

Re: Car Repairs - Make Insurance Claim or Self-Pay?

Having written collision estimates for over 40 years, I can attest to the differences in estimates written for an insurance company and those written for a "pocket pay" customer. If you really want to get the minimum amount needed to get the vehicle back on the road, ask for the areas of damage to ...
by dwickenh
Tue Apr 09, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 763
Views: 71958

Re: That's enough for me in 2019

A CAPE of 25 was extreme. And yet it was a great time to buy. How can CAPE proponents wrap their head around this, and continue to proclaim that CAPE is a good prediction tool? I know you believe: Nothing that special about 2009-2019. There have been 10-year periods like it in the past. But it real...
by dwickenh
Tue Apr 09, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivor benefit
Replies: 9
Views: 1233

Re: Social Security survivor benefit

From the SSA.Gov website. "Widows and widowers can receive: reduced benefits as early as age 60 or full benefits at full retirement age or older. If widows or widowers qualify for retirement benefits on their own record, they can switch to their own retirement benefit as early as age 62. benefits as...
by dwickenh
Tue Apr 09, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"
Replies: 76
Views: 10531

Re: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"

TLDR:. Index funds only get average returns and capture 100% of every market downturn. People say they don't want "average returns" because they don't want to be "average". But here's the thing. Most active fund managers underperform the market. Only 20% of active managers beat the index in any giv...
by dwickenh
Tue Apr 09, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1347

Re: Car Repairs - Make Insurance Claim or Self-Pay?

Having written collision estimates for over 40 years, I can attest to the differences in estimates written for an insurance company and those written for a "pocket pay" customer. If you really want to get the minimum amount needed to get the vehicle back on the road, ask for the areas of damage to b...
by dwickenh
Mon Apr 08, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 14308

Re: New 2019 RAV4 is now out - looks good

I'll be looking to dump my new CRV and I'll be looking hard at the RAV4 when it goes on sale. Just like that? You make people who buy an used luxury cars every 7 years look frugal. +1 You should read his thread on his CRV. Then you might understand why he's looking for a new car. I'd be doing the s...
by dwickenh
Sun Apr 07, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 14308

Re: New 2019 RAV4 is now out - looks good

H-Town wrote:
Wed Mar 28, 2018 11:19 am
CULater wrote:
Wed Mar 28, 2018 9:58 am
I'll be looking to dump my new CRV and I'll be looking hard at the RAV4 when it goes on sale.
Just like that? You make people who buy an used luxury cars every 7 years look frugal.
+1
by dwickenh
Tue Mar 26, 2019 9:07 am
Forum: Personal Investments
Topic: Time to purchase some bonds to fix my AA is it just BND or should I add some shorter term stuff?
Replies: 2
Views: 285

Re: Time to purchase some bonds to fix my AA is it just BND or should I add some shorter term stuff?

I keep some shorter term bonds because I am drawing from the bond side in retirement. The rest is in Total Bond and Intermediate bond index.
While in accumulation, one total bond fund (BND) would be my preference.