Search found 213 matches

by racy
Wed Nov 14, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6150

Re: Strategy during the last stock market decline

I use rebalance bands of +/-20% for the 9 funds making up our IRA portfolio. I liked this research article by Gobind Daryanani CFP®, Ph.D.. He is a managing director at TD Ameritrade in Jersey City, New Jersey. He is responsible for re-balancing research. http://resource.fpanet.org/resource/09BBF2F9...
by racy
Fri Nov 09, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: The Perfect Portfolio for You
Replies: 27
Views: 4220

Re: The Perfect Portfolio for You

Thank you, Rick, for emphasizing the personal aspect. Sometimes I feel like an outsider here because I have more than 3 investments, although I do have a written Investment Policy Statement with goals & strategies for allocation, re balancing, SS, withdrawal plan, etc.
by racy
Sat Nov 03, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep the Mazda or the Lexus?
Replies: 10
Views: 1095

Re: Should I keep the Mazda or the Lexus?

I currently drive a 2009 Mazda 3.... It has been a reliable car with no major issues. ..... Your statement that the Mazda has "no major issues" caught my eye. Does it by chance have the check engine light on? I have owned a 626 and a Miata, both of which had Check Engine light issues. Neither car's...
by racy
Mon Oct 29, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: 401k down 8% this month
Replies: 58
Views: 6818

Re: 401k down 8% this month

I've tracked my monthly balances for 28.8 years. They went up 250 months and down 95 months (and has increased 2900%).
by racy
Mon Oct 29, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: VASGX - What to do? [VG LifeStrategy Growth]
Replies: 15
Views: 1100

Re: VASGX - What to do? [VG LifeStrategy Growth]

Some perspective from an old guy --
I've got records of my monthly net worth for the past 28.8 years. 250 months (72%) were UP months. 95 months (28%) were down months. Such is the stock market. Keep investing. Stay the course.
Read this: https://www.bogleheads.org/wiki/Getting_started
by racy
Thu Sep 06, 2018 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Purchasing annuity for wife
Replies: 21
Views: 2255

Re: Purchasing annuity for wife

dave1054 wrote:
Wed Sep 05, 2018 3:38 pm
... I thought about moving all our assets to Vanguard Personal Advisory Service but the fees seem excessive....
I also think Vanguard's PAS service is a good option. The fees may "seem excessive" to you, but ... you'll be dead and won't care!
by racy
Sun Aug 12, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 37
Views: 3791

Experian email alert! "Your score decreased"

So, I checked my account. Sure enough my FICO score decreased 3 points leaving me at an 815 Exceptional rating. I have no idea why it went down but Experian offers to show me why IF I upgrade to Premium for $24.99 per month. ummm .... no thanks.
by racy
Wed Aug 01, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5529

Re: Question to retirees - money or work/life balance?

I worked for a worldwide megacorp which had a production facility in our 20,000 population mid-west town. I had opportunities to relocate to the coasts & climb the corporate ladder. I watched colleagues who chose this path. It seemed to me that their 'promotion' didn't cover the higher cost of livin...
by racy
Mon Jul 23, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Excel worksheet for calculating SS bend points
Replies: 42
Views: 4881

Re: Excel worksheet for calculating SS bend points

Alright, you motivated me to update the spreadsheet referenced above for 2018. And for my Boglehead friends, you can download directly without sharing your e-mail address. Click to download the spreadsheet . https://www.physicianonfire.com/wp-content/uploads/2018/07/PoF_SS_Calculator.png Feedback i...
by racy
Fri Jul 20, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact
Replies: 33
Views: 4399

Re: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact

.... I am 25 years old and single. ... I'm nervous that I seem to be entering the market with a relatively large amount of money during what seems to be close to the end of a very long bull run. .... At 65, I've been through many market corrections and a couple of crashes. And, before I'm dead I'm ...
by racy
Mon Jul 16, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3233

Re: Would you pay $120 for a 5 year dishwasher warranty?

Never have, nor ever will buy extended warranties. I also get very high deductibles on my insurance.
I know I'll have to pay-up for some things someday, but I'd rather get some savings account interest while I'm waiting for that event.
by racy
Wed Jul 04, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8683

Re: What % of your equity is int’l?

19% of equity is in Vanguard's International Explorer fund. However, my domestic funds also have Int'l stocks, i.e.: Healthcare sector funds is 23% int'l, Wellesley is 6% int'l. For bonds my Short Term & Interm Term Corporate bond funds are each about 6% int'l.
by racy
Mon Jul 02, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 14417

Re: What are your property taxes?

$3700 for a $400,000 home on a private lake in beautiful Nebraska!
by racy
Mon Jul 02, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5228

Re: Do you own just 5% of anything?

Vanguard REITs, SmCap Index, Healthcare sector all at target 5%.
I don't know if Lazy Portfolios are BHish, but I note about half of them have 5-6% slices: https://www.marketwatch.com/lazyportfol ... er-starter
by racy
Tue Jun 26, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Is day trading profitable?
Replies: 36
Views: 3397

Re: Is day trading profitable?

... Is day trading profitable for most day traders? ... Where would the money be coming from if "most" could trade against each other at a profit? It would be like a poker game where all the players think if they play well enough they can all be winners. It doesn't work that way. “If you've been pl...
by racy
Sun Jun 24, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Podcasts on money management and investing basics
Replies: 22
Views: 1458

Re: Podcasts on money management and investing basics

ping1050 wrote:
Sun Jun 24, 2018 5:49 pm
....Money for the rest of us
One of my favorites, too. You'll get some Chinese philosophers thrown in once in awhile! David is an Interesting, well-read, well-traveled guy!
by racy
Sat Jun 23, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: How to help my teen (14) grow their savings faster?
Replies: 18
Views: 1853

Re: How to help my teen (14) grow their savings faster?

This is something that doesn't really answer your question, but I liked when I first saw it years ago. Much doesn't apply to a 14 yr old, yet. But, some points are worth thinking about now. How To Get Rich 1) Make a lot of money a. Get well educated AND learn a trade/job skills/a profession that pay...
by racy
Fri Jun 22, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 36
Views: 1929

Re: What do you include in your grocery budget?

I don't budget, but have tracked spending in Excel for 10 years now. I have 16 categories and use the "insert comment" to note an unusually high or odd amount. I don't think it really matters what expense you put where as long as you're consistent. Then, after several years, you can see which expens...
by racy
Thu Jun 21, 2018 5:28 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35820

Re: What is/ was your career and would you recommend it now?

I got a degree in Business Administration and had a 37 year career in Production Management with a medical technology company. Yes, I would recommend it now. I believe there will always be a need for people that can work with others to achieve business objectives.
by racy
Sun Jun 17, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 13167

Re: Very confused with the current market

Compare long-term returns of the various asset classes. Which one is the highest? (Answer: stocks).
I've been investing in the stock market continuously for 42 years, no breaks. I'm very happy!
by racy
Wed Jun 06, 2018 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone used Income Strategy website/software?
Replies: 16
Views: 2157

Re: Has anyone used Income Strategy website/software?

No, but also interested if others have, and how it differs from (free) iORP. https://i-orp.com/BigGraph/index.html
by racy
Tue May 15, 2018 6:14 am
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 3593

Re: How did you fall in love with investing?

Grew up on a small farm with parents who thought smart investing was buying life insurance policies. In fact, they had me buy a whole life policy as a teenager (cost me $11.25 per month!) The aha moment for me was learning about the 'magic of compound interest'. I saw that investing and starting as ...
by racy
Sun May 06, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6943

Re: Do we spend too much on food?

2 of us spend $401 per month on groceries, eating out and liquor. Our state's attractive "regional price parity" is a factor apparently: http://time.com/money/5177566/average-i ... =hp-magmod
by racy
Thu May 03, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 8792

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

We've owned 3 Jeeps over the years when we were younger. And, yes, the poor ratings ARE warranted.
In the past 10 years or so we've owned Toyotas, Lexus and Hondas ... and, yes, the superior ratings ARE warranted (in my experience).
by racy
Mon Apr 30, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7690

Re: How would you handle a request for money from a niece?

Wake up! Your 42 year old niece is a bum!
(And, I'm beginning to wonder about YOU even considering giving her money for a Dave Ramsey course... it's FREE on the radio!)
by racy
Mon Apr 23, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Simple question
Replies: 2
Views: 360

Re: Simple question

A search on Vanguard's website: "No minimum initial investment requirement You don't need thousands of dollars to start investing in an ETF. You only need enough money to cover the price of 1 share, which can generally range from $50 to a few hundred dollars. P.S. You can only buy ETFs in full share...
by racy
Sat Apr 21, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: 401K fund selection through Wells Fargo
Replies: 6
Views: 794

Re: 401K fund selection through Wells Fargo

If I were in your position, I'd petition my employer to find another 401k sponsor other than Wells Fargo. (Google their history and fines).
by racy
Fri Apr 06, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 5311

Re: What is Megacorp?

bottlecap wrote:
Fri Apr 06, 2018 1:19 pm
It’s safe to say that Megacorp is represented by Big Law.

Proceed accordingly.

JT
And, further, likes Big Government's regulations (which it can afford & small competitors cannot)!
by racy
Tue Mar 27, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Should we take income from our tax-deferred acct first?
Replies: 7
Views: 1030

Re: Should we take income from our tax-deferred acct first?

OP here ...
Thank you all for taking the time to reply and help. Much appreciated. I'll take the advice to do Roth conversions, between DW's retirement and age 70 SS.
racy
by racy
Mon Mar 26, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Should we take income from our tax-deferred acct first?
Replies: 7
Views: 1030

Should we take income from our tax-deferred acct first?

I understand that the general advice on the sequence of accounts from which to withdraw retirement income is to tap one’s taxable account first. However, some advisors caution that this isn’t always preferable for everyone, especially for those with large tax-deferred accounts. Am I one of those? I ...
by racy
Fri Mar 16, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Septic Maintenance Routine
Replies: 24
Views: 1882

Re: Septic Maintenance Routine

Pump ours every 4 years on Presidential election years. Easy to remember: Drain The Swamp/Septic
by racy
Fri Mar 16, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Yearly Bonus - How to invest
Replies: 10
Views: 1371

Re: Yearly Bonus - How to invest

I'd suggest working up a plan. From the wiki: https://www.bogleheads.org/wiki/Investm ... _statement

Also, 'invest' some of the bonus in good books: https://www.bogleheads.org/wiki/Books:_ ... nd_reviews
by racy
Fri Mar 16, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 10908

Re: Need for Medicare supplemental plan?

I hate buying insurance (and never extended warranties), but we do buy Medicare Plan G since we do travel outside the US. So, I'm covered if the tour bus backs over me or if I if a fall down & get a concussion going down the ramp of a Viking river cruise boat.
by racy
Tue Mar 13, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Investor vs Admiral Shares
Replies: 14
Views: 2894

Re: Investor vs Admiral Shares

You can check the savings with this calculator: http://buyupside.com/calculators/feesdec07.htm
They add up over a lifetime of investing.
by racy
Mon Mar 05, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Questions - Vanguard Personal Advisor Services
Replies: 11
Views: 1213

Re: Retirement Questions - Vanguard Personal Advisor Services

mhalley wrote:
Mon Mar 05, 2018 7:25 pm
.... No reason to pay vanguard the .3%, just go ahead and implement it on your own, ...
+1 Yes, I'd find a better use of $5400 than giving it to Vanguard, yearly.
by racy
Sun Mar 04, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: What is your investment strength?
Replies: 70
Views: 6076

Re: What is your investment strength?

Happened to be paying attention in class when the subject of 'compound interest' came up. And, let work since 1976.
by racy
Sat Feb 24, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 33
Views: 3112

Re: Suggestions for Reasonably Safe Funds

... I want to move my money to Vanguard. Can anyone recommend a reasonably safe mutual fund that pays slightly higher return than the stable value funds I am presently in? ... I am only looking for something like a 3% return rate. Any suggestions? Yes, it's better than stable value, it's reasonably...
by racy
Tue Feb 06, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 16291

Re: Financial Hole

Ok, so here's an article about how to kill your $1000 grocery bill. https://www.mrmoneymustache.com/2012/03/29/killing-your-1000-grocery-bill/ My grocery bill is maybe $100 a week...I'll get to that worksheet the next chance I get. Right now I'm working 8 days straight,so maybe an hour or 2 after g...
by racy
Sat Feb 03, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: Life Balance of spending and saving
Replies: 54
Views: 5697

Re: Life Balance of spending and saving

As to the question of use & ongoing interest, my observation: We don't have a pool, but do live on a lake. There are probably 50 other homes on the lake, too, 95% with boats in docks along the shore. We've been here 15 years and I've noticed that many new comers will use their boat for about 2 or 3 ...
by racy
Fri Feb 02, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 50500

Re: Today was a Really Bad Day

I'll be interested to see what the financial porn talking heads have to say tomorrow. A couple of days ago when the market dropped 1/2 percent, Mario Bartiromo at Fox Business described it as "carnage"...
When it dropped 2 1/4% today it must be, what?, Armageddon?
by racy
Thu Feb 01, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: How to know if you really have enough for the future
Replies: 10
Views: 1890

Re: How to know if you really have enough for the future

Darrow Kirkpatick runs a site called "Can I Retire Yet". He has collected a data base of free retirement calculators (up to 82 now, he reports). He hasn't done testing on all of them, but he says "Rather than attempt to compare or validate so many calculators in-depth, I’m offering a “curated” list ...
by racy
Sat Jan 13, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 5593

Re: AA is much harder than I thought...

I'm 33 and have only been in the markets about a year. I'm doing my best to learn from the masters..... I do believe my portfolio should be at least 80/20, and this is how I'm acting when times are good. It makes me seriously wonder how I will handle a decline... Rather, the investor psychology tri...
by racy
Sat Jan 13, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest Emergency Fund
Replies: 11
Views: 1762

Re: Where to Invest Emergency Fund

OP, I suggest stop calling all of it an "emergency fund". The amount you truly need for emergencies should be in cash, CDs, or a very short-term bond fund with check writing allowed. The excess, per your desire, will conservatively invested. I have some Wellesley in our diversified portfolio; I call...
by racy
Mon Jan 08, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: What is "winning the game" exactly?
Replies: 9
Views: 1585

Re: What is "winning the game" exactly?

I don't know if you've won, but for the record, this from the guy who said it: Bernstein was asked “How much exposure should people have to stocks.” He answered: "A lot of people had won the game before the [2008] crisis happened: They had pretty much saved enough for retirement, and they were conti...
by racy
Sun Jan 07, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 21851

Re: Memo to those who have won the game: it's time to quit playing

At 65 & feeling like a winner, I have my portfolio set at: 1. Stock allocation of 45%, and 2. Slice/dice into Total Stk, Wellesley, Sm Cap, REIT, Int'l & Health sector. I slice/dice so that I'm not concentrated in Apple, Microsoft, Alphabet, Amazon & Facebook. I don't want to see too much overlap in...
by racy
Wed Jan 03, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 47632

Re: What frugal thing did you do today?

Volunteer at the county food pantry, so take all the day-old bread I can handle...
by racy
Wed Dec 27, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 5183

Re: Miata as second car

If I was wanted to buy a Miata (which I did) or a BMW motorcycle (which I did), I wouldn't ask this forum what they thought! (But, then again, I did pay cash for both).
by racy
Sun Dec 17, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal SS benefits
Replies: 32
Views: 2643

Re: Spousal SS benefits

You can input variables here and get a recommendation. http://www.bedrockcapital.com/ssanalyze/
(Play around with the "expected age of death". For my situation, an increase of one year greater than the default life expectancy made a significant change in strategy).
by racy
Sun Dec 17, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Spousal SS benefits
Replies: 32
Views: 2643

Re: Spousal SS benefits

Go to the official Social Security website, here: https://www.ssa.gov/OACT/quickcalc/spouse.html
There is a calculator that spells out "benefits for spouses".
by racy
Tue Dec 12, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 72
Views: 9218

Re: Year end review with less nerdy spouse

I'm the spreadsheet jockey in our house. A couple of years ago I created a one Excel page summary, with a lot of linked info, to pull together essential info for DW. I update it monthly and annually. The summary shows rolling 12 month and annual data on: month expenses, expenses YTD vs plan; portfol...