Search found 1972 matches

by dwickenh
Tue Sep 15, 2020 3:20 pm
Forum: Personal Investments
Topic: Positioning for retirement at 55
Replies: 15
Views: 2480

Re: Positioning for retirement at 55

I was in the same boat 40. Actually you’re a bit better than I was at 40. I’m 51 now. I shifted my focus to building a taxable account. My 40s were great earnings years, so I still maxes the 401K while building up taxable. A key benefit to doing this, is you will have a lot of years from 55 to SS, ...
by dwickenh
Tue Sep 15, 2020 7:41 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 169
Views: 8847

Re: Reasons to invest internationally, or not.

The articles are not good, particularly the one in favor of investing domestically. The issues discussed in the pro-home-bias article are ones that can be entirely priced in among all international investors. With a P/E ratio of 22.35 in the U.S. compared to 16.45 in developed ex-US markets, there ...
by dwickenh
Mon Sep 14, 2020 6:10 am
Forum: Personal Consumer Issues
Topic: Buying a car?
Replies: 25
Views: 1986

Re: Buying a car?

The thrill of buying another vehicle will fade quickly and you'll be spending for Insurance. "Keep the Jeep" is the new mantra for the day!!

Best to you,

Dan
by dwickenh
Sat Sep 12, 2020 6:49 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 169
Views: 8847

Reasons to invest internationally, or not.

I read 2 good articles this morning concerning the reasons to invest in foreign markets, or to invest only in the US. Compelling arguments for both are included in the linked articles below. Happier at Home Venturing Abroad [links fixed by admin LadyGeek] The academics mostly promote International i...
by dwickenh
Sat Sep 05, 2020 8:19 am
Forum: Personal Investments
Topic: Evaluate My Bond Fund Choices and COVID-Related Concerns
Replies: 6
Views: 531

Re: Evaluate My Bond Fund Choices and COVID-Related Concerns

I use a 50/50 mix a Total Bond VBTLX and Intermediate Index VBILX. Both contain at least 50% of government securities to qualify for lower risk, but both also have a dose of corporates to boost returns. I would compromise and take a fund that has both government and corporate bonds to the degree of ...
by dwickenh
Fri Aug 21, 2020 7:27 am
Forum: Investing - Theory, News & General
Topic: Tilting to International
Replies: 178
Views: 14069

Re: Tilting to International

MotoTrojan wrote: Fri Aug 21, 2020 7:25 am Refreshing to see this instead of “should I go all in on tech”.
:sharebeer
by dwickenh
Fri Aug 21, 2020 7:21 am
Forum: Investing - Theory, News & General
Topic: Will Nasdaq 100 (QQQ) Outperform VTI?
Replies: 72
Views: 3816

Re: Will Nasdaq 100 (QQQ) Outperform VTI?

It will outperform, until it doesn't.
by dwickenh
Fri Aug 14, 2020 12:59 pm
Forum: Personal Investments
Topic: How to manage allocations if I hit my number early?
Replies: 3
Views: 502

Re: How to manage allocations if I hit my number early?

I would work towards your retirement allocation in increments. If you have 6 years to retirement and want a 50/50 allocation, you need to reduce stocks by 5% every 2 years.
by dwickenh
Tue Aug 11, 2020 7:32 am
Forum: Personal Investments
Topic: 3 fund portfolio - Bond indexes bad in this environment?
Replies: 30
Views: 2302

Re: 3 fund portfolio - Bond indexes bad in this environment?

My opinion is that timing interest rates is no more successful than timing stocks. 2 years ago, everyone was also talking about how bonds were a bad investment/low rates. In the last 2 years, intermediate bond funds with at least 50% government securities have returned 9-10%. Some of that is due to ...
by dwickenh
Tue Aug 11, 2020 7:09 am
Forum: Personal Consumer Issues
Topic: Insurance quote shenanigans
Replies: 38
Views: 2199

Re: Insurance quote shenanigans

The conventional wisdom is that most insurance companies increase premiums for long-time customers in the belief that those customers won't look elsewhere for insurance. So, to share the bad news, you actually should be doing this about every other year just be be sure you're not being taken. Mark ...
by dwickenh
Tue Aug 04, 2020 8:57 am
Forum: Personal Investments
Topic: Alternative 2 Fund Portfolio
Replies: 17
Views: 1505

Re: Alternative 2 Fund Portfolio

If your making the decision based on performance in the last 5 years, Why not just 100% QQQ? I think the 2 fund of Total US stock(or total Global) and Total Bond has less concentrated risk. I usually am happy hitting singles instead of swinging for the fences and striking out a lot. I agree that gro...
by dwickenh
Fri Jul 31, 2020 8:44 am
Forum: Personal Investments
Topic: Vanguard Rate of Return?
Replies: 5
Views: 803

Re: Vanguard Rate of Return?

Things labelled as personal return are usually an internal rate of return or IRR, which is an average that takes into account contributions and withdrawals. That is why it is personal as the result would apply only to the specific details of the account. The result is usually annualized. But IRR is...
by dwickenh
Fri Jul 31, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Car Insurance - Liability or more?
Replies: 34
Views: 1431

Re: Car Insurance - Liability or more?

The salvage value on your vehicle is likey around 1-2k unless it were to catch fire or something coupled with the 1k ded the net coverage is very small. The increase in your rates after a claim could easily surpass the payout. I would consider liability only Good luck selling it yourself for 1-2K s...
by dwickenh
Thu Jul 30, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Car Insurance - Liability or more?
Replies: 34
Views: 1431

Re: Car Insurance - Liability or more?

Heyo, I recently bought a used 2012 Prius for $5,000 from a private party. It has been years since I've owned a car, because public transit and city life, but coronavirus put a wrinkle in it. Anyway, I was astonished to get such cheap car insurance after shopping around. I signed up for liability t...
by dwickenh
Thu Jul 30, 2020 8:55 am
Forum: Personal Investments
Topic: Recession or not
Replies: 21
Views: 2126

Re: Recession or not

"Any opinion on internatiol stock funds?"

There's hundreds or thousands of opinions if you use the search window for threads on International investing/funds!!

Dan
by dwickenh
Thu Jul 30, 2020 8:49 am
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 8131

Re: Poor service at Vanguard making me re-think my decision

Dave55 wrote: Thu Jul 30, 2020 8:48 am Never had a problem at Vanguard, Fidelity or Schwab in 30 years.

Dave
+1
by dwickenh
Fri Jul 24, 2020 10:44 am
Forum: Personal Investments
Topic: What is your game plan as market is reaching its previous all time high?
Replies: 174
Views: 18606

Re: What is your game plan as market is reaching its previous all time high?

Toons wrote: Wed Jul 22, 2020 8:33 pm Tending to the portfolio as I would a cactus.
As usual


:mrgreen:
And watch some paint dry..............

Dan
by dwickenh
Tue Jul 21, 2020 7:52 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547621

Re: What are you up YTD? [Year To Date]

4% with 50/50 3 fund atm.
by dwickenh
Mon Jul 20, 2020 3:07 pm
Forum: Personal Investments
Topic: Does it make sense to convert Trad to Roth at this point?
Replies: 14
Views: 1126

Re: Does it make sense to convert Trad to Roth at this point?

It would very likely be to your advantage, depending on your current tax brkt. You would definitely want to max out the 12% brkt and maybe even the 22% brkt. Look up the tax brkt amounts and decide how much room you have for conversions.
by dwickenh
Sun Jul 19, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: CLOs vs bond fund
Replies: 13
Views: 705

Re: CLOs vs bond fund

Ok, I'll bite, what is a CLO?

Collateralized Loan Obligation (CLO)
by dwickenh
Wed Jul 08, 2020 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 190
Views: 13069

Re: Delaying SSi: is the wisdom still relevant

rgs92 wrote: Wed Jul 08, 2020 12:13 am I believe the 1983 changes pushed FRA to an older age for those born in 1954 too.
born 1954 = FRA 66

born 1955= FRA 66 + 2 months

born 1956= FRA 66 + 4 months
by dwickenh
Sat Jun 27, 2020 10:32 am
Forum: Investing - Theory, News & General
Topic: lump sum investing vs dollar cost averaging in the present market
Replies: 66
Views: 3264

Re: lump sum investing vs dollar cost averaging in the present market

Lauretta wrote: Sat Jun 27, 2020 9:55 am
dwickenh wrote: Sat Jun 27, 2020 9:48 am It is really just a mental game to make sure you have no major regrets.
do you refer to DCA in that sentence?
Yes, when dealing with a lump sum, DCA is used to minimize regrets of investing just before the market falls.
by dwickenh
Sat Jun 27, 2020 9:48 am
Forum: Investing - Theory, News & General
Topic: lump sum investing vs dollar cost averaging in the present market
Replies: 66
Views: 3264

Re: lump sum investing vs dollar cost averaging in the present market

The whole idea of DCA is not to time the market, but to make regular investments based on a planned investment timeline. There is nothing wrong with a plan to split the amount into 12 equal investments to be made on the 1st of each month. If you want to wait until you think the market price is lowes...
by dwickenh
Sun Jun 21, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: Tax Efficient Investing Made Easy
Replies: 3
Views: 401

Re: Tax Efficient Investing Made Easy

Thank you for the easy to follow instructions. This will likely be a good reference guide for basic understanding of the way to invest assets in tax sheltered accounts.

Dan
by dwickenh
Sun Jun 21, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: Bogleheads walked the talk; be proud.
Replies: 39
Views: 5850

Re: Bogleheads walked the talk; be proud.

Clever_Username wrote: Sun Jun 21, 2020 6:58 am Hmmm... I took action shortly after March 20, but that was to re-balance into stocks. It appears I had good timing, but that wasn't why I did it.
I got lucky also as I rebalanced into VTSAX on March 24th. It was only due to following my IPS stating 5% bands.

Dan
by dwickenh
Sun Jun 21, 2020 11:16 am
Forum: Investing - Theory, News & General
Topic: Reduce bonds for equities?
Replies: 30
Views: 2666

Re: Reduce bonds for equities?

My 2 bond funds have returned 7.2% and 6% this year and have buffered the losses very well. Increasing equities close to the finish line is not commonly recommended by academics, advisors, or intelligent people on Bogleheads.org. I think the reason to invest in High grade bond funds still applies. B...
by dwickenh
Fri Jun 05, 2020 7:35 am
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4065

Re: Retirement income tax rate

Remembering that there is “ no question too simple” how could someone’s income tax rate be HIGHER when they are retired, ie no longer have income from working? Perhaps it only happens when people have pensions plus SS plus plus ,say, rental income? I’m just trying to see if we should investigate Ro...
by dwickenh
Fri Jun 05, 2020 7:26 am
Forum: Investing - Theory, News & General
Topic: Market Euphoria?
Replies: 63
Views: 5202

Re: Market Euphoria?

Stop feeling. Pull out your IPS from your desk drawer, and do exactly what it says. Euphoria is just another mis-placed emotion (good for roller coasters...not so much with investing) which you should completely ignore, and this includes if you observe others "feeling" this. Once you are done follo...
by dwickenh
Wed Jun 03, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: What is your homeowner's insurance deductible? Any recommended endorsements/riders?
Replies: 19
Views: 1516

Re: What is your homeowner's insurance deductible? Any recommended endorsements/riders?

My deductible for Homeowners is 1% of house coverage(2,870 ded) and auto is 1000 ded on comp and collision. I pay 260 per 6 months on a 2019 Highlander and 520 per year on my home. I don't ask how well they pay claims because I never have any of those. Those are some great rates! Mind telling us wh...
by dwickenh
Wed Jun 03, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What is your homeowner's insurance deductible? Any recommended endorsements/riders?
Replies: 19
Views: 1516

Re: What is your homeowner's insurance deductible? Any recommended endorsements/riders?

My deductible for Homeowners is 1% of house coverage(2,870 ded) and auto is 1000 ded on comp and collision. I pay 260 per 6 months on a 2019 Highlander and 520 per year on my home. I don't ask how well they pay claims because I never have any of those. Until last year, I had not claimed on my Homeo...
by dwickenh
Wed Jun 03, 2020 8:04 am
Forum: Personal Consumer Issues
Topic: When should I get a wheel alignment?
Replies: 42
Views: 2596

Re: When should I get a wheel alignment?

I don't notice any problems with the car, such as the steering pulling, unusual tire wear, etc. Car has never had an alignment and just put new tires on it. Should I get an alignment even if there aren't any indications that it needs one? If it ain't broke, don't fix it? Or just go ahead and do it ...
by dwickenh
Wed Jun 03, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: What is your homeowner's insurance deductible? Any recommended endorsements/riders?
Replies: 19
Views: 1516

Re: What is your homeowner's insurance deductible? Any recommended endorsements/riders?

My deductible for Homeowners is 1% of house coverage(2,870 ded) and auto is 1000 ded on comp and collision. I pay 260 per 6 months on a 2019 Highlander and 520 per year on my home. I don't ask how well they pay claims because I never have any of those.
by dwickenh
Fri May 29, 2020 7:41 am
Forum: Personal Investments
Topic: Bond Fund for 60 year old
Replies: 8
Views: 1318

Re: Bond Fund for 60 year old

The only issue about VCIT is that about 53% of the assets are Baa rated bonds which is one notch above junk status. I wouldn't be surprised if some Baa rated bonds are down rated to junk over the next couple quarters with the economy probably in recession (2 quarters of negative growth). If any bon...
by dwickenh
Fri May 29, 2020 7:29 am
Forum: Personal Investments
Topic: Have you been following your IPS?
Replies: 42
Views: 2083

Re: Have you been following your IPS?

Yes and No! I did Tax loss harvest both US and Foreign Stock index funds, re-balanced a total of 3 times including selling stocks to buy bonds at the latest move. The No is for my Foreign Fund as I harvested losses there and then bought into an extended market fund for more mid/small cap exposure. M...
by dwickenh
Fri May 29, 2020 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Two accountants disagree - Bogleheads for the tiebreaker
Replies: 64
Views: 4001

Re: Two accountants disagree - Bogleheads for the tiebreaker

Considering that SS payment are based on a tiered credit basis( i.e. lower income receives more benefit than the upper income) I would think the
answer would hit somewhere near the 50/50 income split. This answer is not obtained through complex math projections, but seems to make common sense.
by dwickenh
Fri May 29, 2020 6:50 am
Forum: Personal Investments
Topic: Favorite initial investor Vanguard mutual index fund; VTSAX
Replies: 34
Views: 2568

Re: Favorite initial investor Vanguard mutual index fund; VTSAX

It is my largest holding at roughly 50% of my total portfolio. Simplicity is the reason I own this fund.
by dwickenh
Wed May 27, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 56
Views: 5638

Re: Should I pay $1,600 for this lawn care fix?

jebmke wrote: Fri May 22, 2020 4:36 pm We have a small mound in our front yard. It was there when we bought the house. Last year I had someone in to plant a few new trees and he asked me what the mound was. I told him that this was where we buried the previous landscaper.
:shock:
:twisted:
by dwickenh
Wed May 27, 2020 8:14 am
Forum: Personal Investments
Topic: What Funds-no more than 3- would you use in retirement.
Replies: 11
Views: 1199

Re: What Funds-no more than 3- would you use in retirement.

If this was not a taxable account, I would suggest that this person use LifeStrategy Conservative Growth fund based on everything else in the OP's post. We actually own LifeStrategy Moderate Growth Fund instead in a tax-deferred account. It is truly set-and-forget. But in reality with 30 years in a...
by dwickenh
Wed May 27, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: How Much is a Pension Worth?
Replies: 30
Views: 3075

Re: How Much is a Pension Worth?

You need to assume a number of years you will live and some “discount rate” relevant for that period. I don’t understand where you got 5.7% but that seems a high rate to assume over next 30 years, if a US Tsy 30 bond is under 2%. Discount rate is a risk free rate usually. https://www.treasury.gov/r...
by dwickenh
Sat May 23, 2020 7:52 am
Forum: Personal Consumer Issues
Topic: Del Webb 55+ communities?
Replies: 27
Views: 4509

Re: Del Webb 55+ communities?

I have a brother who lives in the Del Webb community near Georgetown Texas. He is not very mobile, or active for that reason. His wife loves the activities and access to good health care nearby. It has been a godsend for her as she becomes the caretaker for my brother to have all of the available ac...
by dwickenh
Fri May 22, 2020 10:24 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11982

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

Selling all equities and going to cash is a mistake. I can't sugar coat it and give you several reasons you did the right thing. You probably need someone besides yourself handling those decisions and you will pay extra to get that type of help. Over the long haul, the extra expense will likely save...
by dwickenh
Fri May 22, 2020 10:12 am
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4451

Re: Can retirement be this simple?

It can be as simple as you want to make it!! Was there a decision made on taking the pension as a monthly payment for life, or as a lump sum? There is more to plan for in the way of controlling expenses, legacy decisions, financial and health proxies for later in life, and long term care decisions. ...
by dwickenh
Wed May 20, 2020 8:03 am
Forum: Personal Investments
Topic: Newly retired Roth Conversion help
Replies: 6
Views: 803

Re: Newly retired Roth Conversion help

I think their account diversity already has them in a good place. They will have the ability to access capital gains in the taxable account at 0 tax rate if they keep the conversions inside the 12% tax brkt. I don't think there is anything wrong with adding to the Roths through conversions, but I wo...
by dwickenh
Sat May 16, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4543

Re: How did you feel after giving notice to retire?

I felt relieved!! It was the right time for me to retire.
by dwickenh
Sat May 16, 2020 4:12 pm
Forum: Personal Consumer Issues
Topic: Tire shop returned my van with a broken part!
Replies: 27
Views: 1882

Re: Tire shop returned my van with a broken part!

Update After I left a negative google review, the shop manager called me back and offered a refund of the $110 alignment, requesting I take down the negative review, and also took no responsibility for the winch mechanism. He speculated the winch becomes stuck when retracted/extended with no weight...
by dwickenh
Fri May 15, 2020 9:23 am
Forum: Personal Consumer Issues
Topic: Tire shop returned my van with a broken part!
Replies: 27
Views: 1882

Re: Tire shop returned my van with a broken part!

Those winch things are complete garbage. They are exposed to the elements and often fail. I had one on a Yukon XL that held a nice full sized spare. When selling the truck, the buyer asked "what's that?" as the place where you put in the bar to move the winch has a factory lock. I unlocked it and t...
by dwickenh
Thu May 14, 2020 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Act [Converting from traditional IRA to Roth]
Replies: 11
Views: 1417

Re: CARES Act

Relief provisions almost identical to CRDs have been around for 15 years. Surprisingly, there has been almost no discussion in the past regarding converting prior disaster distributions. Most consultants and the IRS seem to ignore the issue. Writing for the KItces blog, noted authority Jeff Levine ...
by dwickenh
Thu May 14, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Secrets to a great lawn
Replies: 65
Views: 5475

Re: Secrets to a great lawn

We have the grass cut high (4 inches); no watering -- too much grass and would require a deeper well and larger pumping system. +1 My neighbors cut the grass to 2 inches and have weeds,bare spots, brown outs. I cut mine to 3 1/2 to 4 inches and have fewer weeds, no bare spots, and tolerates drought...
by dwickenh
Thu May 14, 2020 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Act [Converting from traditional IRA to Roth]
Replies: 11
Views: 1417

Re: CARES Act

You can do that without the CARES act. Do a $33,333 Roth conversion each of the next 3 years. Pay 1/3 of the tax (on a $100,000 conversion) each year. How about if under 59 1/2 with a husband and wife federal employees. Could each one (if qualified) pull 100K from their respective TSP accounts and ...