Search found 1564 matches

by DaleMaley
Fri Oct 20, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 105
Views: 10102

Re: how long did it take to get used to retirement

In my 22nd month of retirement. At the 14th month point, I was called back to work. But after 8 weeks back on the job.....I retired again. It was good I went back to work, because it reinforced that I had made a good decision to retire in the first place. I like new products/processes, and in our in...
by DaleMaley
Mon Oct 16, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 60
Views: 7603

Re: Equifax - credit freeze is now free?

[/quote]
If you have adblock installed, disable it & try again. I've had issues similar to this with Equifax in the past.
[/quote]

I removed Adblock from Chrome, and I still could not get the Equifax report online.
by DaleMaley
Mon Oct 16, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 60
Views: 7603

Re: Equifax - credit freeze is now free?

I just froze my credit reports at all 3 agencies this morning. There was no charge from the Equifax freeze, the other two sites were $10 per person.
by DaleMaley
Sat Oct 14, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 60
Views: 7603

Re: Equifax - credit freeze is now free?

Maybe Equifax's web site is overloaded today, Saturday, Oct. 14th, 2017. I went to AnnualCreditReport.com this morning and requested credit reports from all 3 agencies. The first was Equifax. After answering their identify questions, I got a page saying my report was not available online, and I woul...
by DaleMaley
Fri Oct 13, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Building additional garage - recommendations?
Replies: 26
Views: 1283

Re: Building additional garage - recommendations?

When I built my current house back in 1999, I had a 220V outlet put in the garage for my 1980's Sears 12 inch planer. As time went by, I bought a 12.5 inch wide Dewalt planer, which only needs 110V. So the old 220V Sears planer sets unused in the garage taking up floor space (I use it once a year ma...
by DaleMaley
Mon Oct 09, 2017 8:23 am
Forum: Investing - Theory, News & General
Topic: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection
Replies: 21
Views: 1760

Re: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection

I set up a simple spreadsheet to try to assess the relative impact of savings rate, AA, and investment selection upon ending portfolio value at age 65. I ignore taxes, and I am using long-term stock and bond average returns, so no Monte Carlo usage to simulate annual variation in returns. Here are t...
by DaleMaley
Sat Oct 07, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection
Replies: 21
Views: 1760

Re: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection

Brinson was the name I was trying to remember......... Asset allocation relies on the notion that different asset classes offer returns that are not perfectly correlated and diversifying portfolios across asset classes will help to optimize risk-adjusted returns. The topic went largely unexplored un...
by DaleMaley
Sat Oct 07, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection
Replies: 21
Views: 1760

Re: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection

I think the question of impact of asset allocation versus investment selection has already been answered many years ago. A famous study was done, the researcher's name escapes me, where he looked at the return of large pension funds. If I remember right, 90% of the pension fund's return was determin...
by DaleMaley
Thu Oct 05, 2017 7:54 am
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 1923

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

I would suggest focusing on your age versus AA glide path from now until retirement. In my case it was....... Age 22 to 40 100:0 Stocks to bonds Age 40 to 50 90:10 Age 50 to death 60:40 Everyone takes a little bit different glide path, but generally speaking, we all seem to end up with a retirement ...
by DaleMaley
Fri Sep 29, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9800

Re: My boneheaded financial mistakes

In order of magnitude of the loss, my biggest mistakes were........ 1. Buying Cisco stock at an average price of $20/share, then not selling it at the peak when it hit $82/share. I rode it all the way down to below $20/share..........and ended up selling it for about $20/share. I could have made ove...
by DaleMaley
Fri Sep 22, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: AA if you were just starting out again
Replies: 49
Views: 3864

Re: AA if you were just starting out again

I started out investing in 1979 with 100:0 AA, then 90:10 around age 40, then 60:40 age 50 and into retirement. In retrospect, I would not change my AA versus age if I did it over again. Spending less than you earn and investing the savings each month is probably more important to most people verses...
by DaleMaley
Tue Aug 08, 2017 7:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Celebrating 30 years with Vanguard!
Replies: 25
Views: 2433

Re: Celebrating 30 years with Vanguard!

I discovered Vanguard index funds back in 1990, when I did an MBA finance research term paper. I switched all my mutual funds to Vanguard in 1990 after I did the paper..........so been with Vanguard 27 years :D
by DaleMaley
Fri Jun 30, 2017 6:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 21987

Re: Vanguard upgraded my accounts - angry

My wife's account got upgraded last year, and I bounced a Prime Money Market check I used to pay my property tax......because it was 45 days after the so called upgrade :annoyed Vanguard forget to tell me that Prime Money Market checks are no good 45 days after the upgrade. Now I online transfer mon...
by DaleMaley
Mon Jun 26, 2017 6:55 am
Forum: Personal Consumer Issues
Topic: Slide rule anyone?
Replies: 88
Views: 8572

Re: Slide rule anyone?

In my senior year in high-school, we had to learn how to use a slide rule for a few problems. Then in the Fall of 1974 when I entered the U of Illinois in Engineering, we were the 1st class required to purchase calculators........so I never really used a slide rule too much. In our freshman classes,...
by DaleMaley
Sat May 27, 2017 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Financial Advice for a Widow
Replies: 21
Views: 2760

Re: Seeking Financial Advice for a Widow

I helped my mother and mother-in-law after their husbands passed away. In the case of my mother, within a month of my father's death, we established a net worth statement.....and began contacting the 3 life insurance companies where he had policies. At the 3 month to 6 month point, I set up a long t...
by DaleMaley
Mon May 22, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 8304

Re: Did anything surprise you in your 2016 taxes?

I U.S. mailed in my 2016 tax return in early March. This week, I got a notice saying I owed the IRS $2800 :( I studied the IRS notice, and figured out the $2800 was the amount I said I wanted from my 2015 tax refund to be applied to 2016 taxes. It never got applied, so that is why I got the $2800 t...
by DaleMaley
Wed May 10, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 6454

Re: What newspaper or magazine do you pay for?

Business Week Money and Kiplinger's.............thinking about dropping them. Nothing really new in them. local weekly newspaper. Sunday paper of nearest large city. about 6 woodworking magazines. Many have full-scale patterns for projects. 2 investment industry magazines that I get free since I am ...
by DaleMaley
Fri May 05, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 5476

Re: Tips From Older Bogleheads?

The realization that there are very few principles involved with individual investing. I think that William Bernstein, in one of his writings, points out the field of medicine has quite a few guiding principles. He was surprised to find very few important principles involved with individual investin...
by DaleMaley
Sat Apr 29, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 109
Views: 17331

Re: Vanguard has switched to brokerage only accounts

Now I electronically move money from her money market fund to my local bank checking account, then pay the bill using my local bank check, to avoid all the hassle. Right. Bogleheads don't make mutual fund investments through their bank so why should they want to write checks on their investment acc...
by DaleMaley
Fri Apr 28, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 109
Views: 17331

Re: Vanguard has switched to brokerage only accounts

My wife's account was upgraded around April of 2016. We wrote checks drawn on her Vanguard money market fund to pay unusual large bills, like property tax. Vanguard bounced 1 of our checks for property tax. After researching it and phone calls to Vanguard, found out that your money market checks are...
by DaleMaley
Fri Apr 21, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Building your own fence
Replies: 35
Views: 3137

Re: Building your own fence

back in 2011, my son and I built a couple hundred feet of cedar fence at his Bolingbrook house. He had to get a building permit, and follow the fence design rules. What made his job so difficult was the gravel and big rocks, that started just 6 inches below the surface. He refused to follow my advic...
by DaleMaley
Wed Apr 19, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 8304

Re: Did anything surprise you in your 2016 taxes?

I U.S. mailed in my 2016 tax return in early March. This week, I got a notice saying I owed the IRS $2800 :( I studied the IRS notice, and figured out the $2800 was the amount I said I wanted from my 2015 tax refund to be applied to 2016 taxes. It never got applied, so that is why I got the $2800 ta...
by DaleMaley
Fri Mar 24, 2017 6:22 am
Forum: Investing - Theory, News & General
Topic: AA after reaching your "freedom number"?
Replies: 39
Views: 4645

Re: AA after reaching your "freedom number"?

Here is my old chart showing the actual asset allocation of vanguard investors, and TIAA-CREF investors, plus a 2007 Bogleheads poll. There is a Business Week survey as well. The data suggests these groups of people do reduce their stock allocation as they age. I have stuck with my 60:40 AA in retir...
by DaleMaley
Sat Feb 18, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1467

Re: Confusing Vanguard 1099-Div tax forms

Today, when I logged into Vanguard's web site............they have a big notice about getting 2 tax forms. I must not have been the only one who was confused about this.........

Image
by DaleMaley
Tue Feb 14, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1467

Re: Confusing Vanguard 1099-Div tax forms

Sorry LiveSoft.........I guess I am a creature of habit. Since 1990, I have always got just one 1099-Div from Vanguard..........and it was consolidated for all mutual funds held at Vanguard. I did not see any emails from Vanguard about this.......and Turbotax gave me no prompt about 2 1099-s from Va...
by DaleMaley
Tue Feb 14, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1467

Confusing Vanguard 1099-Div tax forms

My wife's account got "upgraded" last year to a brokerage account. She got 2 sets of 1099-Div forms. One form says "Consolidated Accounts" ....but it turns out it is not really a Total vanguard consolidated form. I called Vanguard. Seems that if your account was upgraded during 2...
by DaleMaley
Tue Jan 10, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 21075

Re: How Bad was 2008, really?

http://i67.tinypic.com/2z5rfbp.jpg The Tech Wreck was excruciating.....with 3 years of declining markets. It seemed like it would never end at the time. The Sub-Prime Loan crash was more sheer panic that the whole system would collapse. The Great Depression Diary by Benjamin Roth is a great read. I...
by DaleMaley
Sat Dec 31, 2016 8:47 am
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 45573

Re: What's your usual retirement day like ?

I am just finishing year #1 of retirement. I never thought I would be busier during retirement than when I was working! Last January through April, with bad weather outside here in the Midwest, I did a combination of things indoors: -did woodworking projects (making family gifts for the next Christm...
by DaleMaley
Sat Dec 17, 2016 5:57 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 3023

Re: Old Tools

There is a Youtube video for just about everything under the sun...........I checked and sure enough there is one showing how the old nail puller works. Start at the 3:00 minute mark for the nail puller demo...

https://www.youtube.com/watch?v=wC5HgUU9TeU
by DaleMaley
Sat Dec 17, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Millionaire's Asset Allocation
Replies: 8
Views: 2399

Re: Millionaire's Asset Allocation

I haven't updated my chart since 2009, but I doubt the AA's have changed significantly since then. This chart includes data from several different sources, including Vanguard investors. It shows the people do reduce their allocation to stocks as they age. http://i65.tinypic.com/2ymjgbm.jpg
by DaleMaley
Sat Dec 17, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 3023

Re: Old Tools

For certain jobs, you just can't beat an old nail puller. Recently my 32 year old son was totally amazed when he saw me use an nail puller that probably belonged to my grandfather on the farm. Just be careful and don't get your finger pinched while handling it or using it Below is a picture of an o...
by DaleMaley
Fri Dec 16, 2016 9:51 am
Forum: Investing - Theory, News & General
Topic: What do you think is in more of a bubble right now?
Replies: 57
Views: 7481

Re: What do you think is in more of a bubble right now?

I profess to having no ability to predict bubbles, so I stick with my 60:40 asset allocation.

I made this chart back in 2014 to illustrate typical bubbles:

Image
by DaleMaley
Sun Oct 09, 2016 8:33 am
Forum: Personal Consumer Issues
Topic: Retirees: What are your passions?
Replies: 56
Views: 7765

Re: Retirees: What are your passions?

1. Time with grandchildren
2. Woodworking
3. Volunteering on community improvement projects
4. Local town history
5. Researching and writing local town history books, giving history talks to community groups
6. Stained glass
7. Construction home improvement projects on children's homes
by DaleMaley
Sun Oct 02, 2016 10:14 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 17391

Re: How Did You Become A Boglehead? What Led You Here?

This is a copy of the 2007 post I made about the same topic................https://www.bogleheads.org/forum/viewtopic.php?t=5411&highlight=venita In the late 1970's, I used to go over to my friends house and I noticed a Money magazine laying out in his brother's room. I thumbed through it....it ...
by DaleMaley
Sun Sep 18, 2016 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 8079

Re: Keys to a Successful Retirement

I believe that if all Americans followed the above suggestions that applied to them, the retirement problem would effectively go away, i.e. more than 90% of American households could maintain their pre-retirement living standard in retirement. About 20%-25% of the population would have a standard o...
by DaleMaley
Tue Aug 23, 2016 6:22 am
Forum: Personal Consumer Issues
Topic: Vanguard email - You don't have enough money to pay for a recent trade
Replies: 6
Views: 1535

Re: Vanguard email - You don't have enough money to pay for a recent trade

The Vanguard rep told me that the first accounts to be "upgraded" are ones where there are non-Vanguard holdings (other funds or common stocks). Eventually, all accounts will be upgraded. I have many family members who use Prime Money Market checks infrequently. They will be impacted when ...
by DaleMaley
Tue Aug 23, 2016 6:18 am
Forum: Personal Consumer Issues
Topic: Vanguard email - You don't have enough money to pay for a recent trade
Replies: 6
Views: 1535

Re: Vanguard email - You don't have enough money to pay for a recent trade

I had a more serious problem with the Vanguard change, they bounced my check to the County to pay my property taxes!! I posted my problem here...... https://www.bogleheads.org/forum/viewtopic.php?f=1&t=192805 When the change was made to the account, I didn't realize that after 60 days, Vanguard ...
by DaleMaley
Tue Aug 09, 2016 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Are any Bogleheads financial advisors on the side?
Replies: 21
Views: 3249

Re: Are any Bogleheads financial advisors on the side?

Here is a previous 2007 conversation about the same topic...........

viewtopic.php?f=10&t=6724
by DaleMaley
Tue Jun 07, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 980

Re: New settlement fund issues

Called vanguard this afternoon. And they are bouncing our money market check, because the account was upgraded more than the 45-day limit. Once they receive our form requesting a new checkbook on the Settlement account, they will send us a new check book. I told the Vanguard Rep that I sure missed t...
by DaleMaley
Tue Jun 07, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 980

Re: New settlement fund issues

"The settlement fund Beginning later in 2016, Vanguard Federal Money Market Fund will be the only money market fund you can use to settle brokerage trades. Vanguard Brokerage selected this fund for retail accounts because it's open to all investors and won't have fees and gates. Also, after co...
by DaleMaley
Tue Jun 07, 2016 7:08 am
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 980

New settlement fund issues

My wife's account had a forced upgrade because she owns one non-Vanguard mutual fund. This upgrade took place a few months ago. I didn't notice anything unusual with the change. We write large checks against the Prime Money Market fund to pay stuff like annual property tax, annual insurance bill, or...
by DaleMaley
Mon Jan 25, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 6961

Re: What was the 2000 crash like in real time?

Here's my view of stock market returns over my investing career. First was the glorious 1980's, with 18% compounded annual returns http://i64.tinypic.com/23hvvxe.jpg Then the 1990's were just as good with 18% compounded returns again http://i68.tinypic.com/2crrp6b.jpg Then March of 2000 started the ...
by DaleMaley
Mon Jan 18, 2016 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Selling house, disappointed in realtors. Am I expecting too much?
Replies: 23
Views: 4191

Re: Selling house, disappointed in realtors. Am I expecting too much?

I moved 3 times (different states) in 4.5 years and all were corporate moves. I batted 67% on the quality of the real estate people I dealt with (2 out of 3 were ok). The 1 bad one was my 1st move back in 94. The relocation company called a guy in our small town that used to do 80% of the business, ...
by DaleMaley
Sun Dec 27, 2015 4:49 pm
Forum: Investing - Theory, News & General
Topic: Has the Asset Allocation of Bogleheads changed?
Replies: 2
Views: 1573

Has the Asset Allocation of Bogleheads changed?

I was recently asked to update my historical results, and see if the AA of Bogleheads has changed over time. Back in circa 2010, I researched and found several sources of AA versus age for large sample sizes. This led me to produce the following chart using this data: http://i65.tinypic.com/ifd27k.j...
by DaleMaley
Fri Dec 11, 2015 12:29 pm
Forum: Personal Consumer Issues
Topic: Advice for Encouraging Parents to Declutter Home?
Replies: 38
Views: 3560

Re: Advice for Encouraging Parents to Declutter Home?

My mother got rid of all the stuff from her 4 kids by giving it to them for Christmas gifts. I know of another case where the son would never take his old books, so dad boxed them up and US mailed them to him. With regards to old photographs, ask them to label the people in the photos because you wa...
by DaleMaley
Sun Nov 22, 2015 8:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 244
Views: 43756

Re: Roll Call for the Retirement Class of 2015!

I also got "an offer I couldn't refuse" early retirement incentive.

Officially retired 12/31/2015, but last working day is Dec 9th......because I am using up vacation days.

Looking forwards to spending more time on my many hobbies, and enjoying new grand-children.

Thanks
by DaleMaley
Sat Oct 31, 2015 1:53 pm
Forum: Personal Consumer Issues
Topic: Low-cost and low-maintenance hobbies?
Replies: 69
Views: 9245

Re: Low-cost and low-maintenance hobbies?

There is a similar posting from Summer of 2014 about hobbies and their cost... https://www.bogleheads.org/forum/viewtopic.php?t=142794 I will repeat my 2014 posting........ My main hobby is woodworking. The good thing about woodworking, once you make the investment in the main power tools, then the ...
by DaleMaley
Sun Oct 11, 2015 6:40 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 3023

Re: Old Tools

For certain jobs, you just can't beat an old nail puller. Recently my 32 year old son was totally amazed when he saw me use an nail puller that probably belonged to my grandfather on the farm. Just be careful and don't get your finger pinched while handling it or using it Below is a picture of an ol...
by DaleMaley
Mon Sep 28, 2015 6:13 am
Forum: Investing - Theory, News & General
Topic: Death Probability Calculator and "matching"
Replies: 25
Views: 2786

Re: Death Probability Calculator and "matching"

A fancier version of my chart..........

Image

From the article Retiring And Living Well In An Age Of Longevity, SEPTEMBER 1, 2015 • RUSS HILL, Financial Advisor Magazine

http://www.fa-mag.com/news/retiring-and ... section=47
by DaleMaley
Mon Jul 20, 2015 5:46 am
Forum: Personal Consumer Issues
Topic: How do I fix a hole in this wooden door?
Replies: 42
Views: 5188

Re: How do I fix a hole in this wooden door?

I would also vote for a new door. There are lots of ways to fill the damaged area, but the resultant finish will be smooth, and not match the existing wood grain......that is why you will find most people that recommend the patch job assume you will paint over it. If you don't want to mess with hang...