Search found 132 matches

by racy
Thu Oct 19, 2017 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Question about Personal Capital
Replies: 7
Views: 424

Re: Question about Personal Capital

I received a couple of calls. Had pleasant conversations. I just let him know that I'm a committed DIYer and not interested in their services. It's probably been 5 months now without a call, so I believe they've stopped.
by racy
Tue Oct 17, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Maximizing a couples benefits
Replies: 35
Views: 2622

Re: Social Security - Maximizing a couples benefits

Op, I suggest you look into survivors benefits closely before making a decision. This can often be a strong decision criteria for planning. SSAnalyzer by Bedrock has been a really useful tool for me to compare approaches. I would pay careful attention to: - cash flow requirements - your age and exp...
by racy
Sun Oct 15, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 1607

Re: The theory seems irrelevant. How does one execute?

Put a chart of the historical growth of the stock market someplace where you'll see it every day. And, imagine where it'll be in 30 years when you're 57!
https://www.bing.com/images/search?q=st ... ORM=HDRSC2
by racy
Sun Oct 15, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: international funds - brokerage account
Replies: 8
Views: 433

Re: international funds - brokerage account

How about a small cap fund. Here's an opinion from the Boglehead Financial Page blog: https://finpage.blog/2017/07/30/international-small-caps-and-vanguard-funds/ Quoting: "Vanguard manages two funds addressing the International Small-Caps market segment. The Vanguard International Explorer Fund (VI...
by racy
Wed Oct 04, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: What counts in calculating portfolio withdrawals?
Replies: 10
Views: 599

What counts in calculating portfolio withdrawals?

When one takes a dividend or capital gain from a stock fund for spending, I know that it counts as a withdrawal from the portfolio. But, I'm a bit confused on bonds. Does taking income from a bond fund count as a withdrawal (i.e. for living w/i the 4% "rule")? And, how about individual bonds or inco...
by racy
Thu Jul 27, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Investing/ Finance podcasts
Replies: 16
Views: 1520

Re: Investing/ Finance podcasts

For something different, I enjoy Money For The Rest of Us with J. David Stein: https://moneyfortherestofus.com/ From his website: About "Hi. I’m David Stein. I can help you become a better investor. Successful investors have a point of view – a philosophy that guides their investment and financial d...
by racy
Mon Jun 26, 2017 6:44 am
Forum: Personal Consumer Issues
Topic: Things to do in Iowa/Nebraska
Replies: 73
Views: 4262

Re: Things to do in Iowa/Nebraska

As you drive through Nebraska notice the amount of center pivot system irrigation going on around you. I've been through many states and it seems Nebraska is petty unique in this regard. The Ogallala Aquifer, one of the world's largest lies beneath. https://en.wikipedia.org/wiki/Ogallala_Aquifer
by racy
Sat Jun 24, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: IRA? Mutual fund? Other?
Replies: 2
Views: 195

Re: IRA? Mutual fund? Other?

I suggest starting with this: https://www.bogleheads.org/wiki/Getting_started
Watch the short videos.
by racy
Sun Jun 18, 2017 6:04 am
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 6021

Re: Best Financial Advice from Dad (in honor of father's day)

My father was a farmer. He never spoke to me about money. Rather, I was taught the values of work, living within one's means and taking responsibility. These served me well in my life and career, and thus financially.
by racy
Sun Jun 18, 2017 5:54 am
Forum: Investing - Theory, News & General
Topic: Performance Tracking
Replies: 7
Views: 735

Re: Performance Tracking

Possibly this for a pretty good approximation of annual return rate: http://www.moneychimp.com/features/portfolio_performance_calculator.htm Quoting from the site, "This calculator can only give you an estimate (total accuracy would require you to give the date and amount of each addition and withdr...
by racy
Sat Jun 17, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 7528

Re: Portfolio Tilts?

Bogleheads: Many of us think we know what asset-class is going to do well in the future (usually based on past performance or industry marketing). I suggest that before adding small, costly, and tax-inefficient funds requiring increased maintenance that you consider the many advantages of Simplicit...
by racy
Sat Jun 17, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 7528

Re: Your Favorite Portfolio Tilts

Wellesley for some value stocks and Sm Cap Index: my idea of implementing the Fama French study. Also, a bit in REITS, as an arguably different asset class. And, a few percent in Health Care sector...if you can't beat the high, and ever increasing costs, then join 'em.
by racy
Wed Jun 14, 2017 6:06 am
Forum: Investing - Theory, News & General
Topic: Favorite Active Funds?
Replies: 22
Views: 2818

Re: Favorite Active Funds?

Wellesley - a small tilt towards value.
Int'l Explorer - my international stock exposure, thinking managers might select better countries, sectors, etc. (although I admit I may be delusional!)
Healthcare - 6% of my stock exposure; I want to participate in the breakthroughs & advances in health coming.
by racy
Mon Jan 02, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3693

Re: Any Buffett fans here?

Yep. Bought 1 share in 1987 for $2975 after the October crash. I'm not smart enough to pick stocks, so I bought a share of someone who can.
by racy
Thu Dec 08, 2016 4:34 pm
Forum: Investing - Theory, News & General
Topic: "Cash Equivalents" ?
Replies: 21
Views: 2437

Re: "Cash Equivalents" ?

My personal definition: If the interest it generates is less than inflation, then it's cash or an equivalent. :wink:
by racy
Mon Nov 07, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Income funds
Replies: 26
Views: 2632

Re: Income funds

How about VFSUX, Vanguard's Short-Term Investment Grade bond fund, Admiral shares.
* The duration is short at 2.6
* The expense ration is low at 0.10
* It pays interest monthly.
* The income is higher than inflation, averaging 1.5% more over the past many years.
by racy
Mon Sep 05, 2016 7:16 am
Forum: Investing - Theory, News & General
Topic: Simplifying portfolio for less involved spouse?
Replies: 19
Views: 2913

Re: Simplifying portfolio for less involved spouse?

I created a one page summary / overview in Excel. It includes: our primary objective & investment strategy with details (expected return, allocations, tilts, SS strategy, etc.) It also has our monthly and annual results of expenses vs budget, portfolio balance, annual returns, and net worth. Las...
by racy
Thu Oct 29, 2015 6:35 pm
Forum: Investing - Theory, News & General
Topic: Someone Is Spending Your Pension Money
Replies: 9
Views: 3007

Re: Someone Is Spending Your Pension Money

It seems to me if faced with a choice between annuity payments and lump sum, then take the lump sum!
by racy
Sun Apr 05, 2015 7:55 am
Forum: Investing - Theory, News & General
Topic: IRA income: Take distributions or sell assets?
Replies: 3
Views: 508

IRA income: Take distributions or sell assets?

I was reading Vanguard Research on how to spend from a portfolio (m). On page 4 it describes the tax efficient sequence one should spend (1st: RMDs due to legal requirements, 2nd: distributions from taxable accounts, 3rd: sell the taxable assets, and finally take from tax-deferred and tax-free accou...
by racy
Mon Mar 30, 2015 4:20 am
Forum: Investing - Theory, News & General
Topic: Interesting investment Podcasts
Replies: 13
Views: 3487

Re: Interesting investment Podcasts

Does anyone have any suggestions about interesting investment/personal finance related Podcasts? Perhaps one that is somewhat aligned with the Boglehead philosophy on investing? I have a long commute, so hoping to put the time to good use. I just finished listening to "Money For The Rest Of Us...
by racy
Tue Feb 10, 2015 2:03 pm
Forum: Investing - Theory, News & General
Topic: Rollover from Roth 401K to Roth IRA - all contributions?
Replies: 3
Views: 329

Re: Rollover from Roth 401K to Roth IRA - all contributions?

Have you tried the IRS site for FAQ? -- m If it's still unclear, the IRS offers help (at the bottom of the page): "Have a Question? If I have additional questions concerning designated Roth accounts, where do I go for help? For retirement plans technical and procedural questions, e-mail us at R...
by racy
Wed Feb 04, 2015 5:09 am
Forum: Investing - Theory, News & General
Topic: FI: Total Bond Market or Intermediate Fund?
Replies: 19
Views: 3879

Re: FI: Total Bond Market or Intermediate Fund?

Of fixed mine is:
55% Short Term Investment grade
18% Wellesley bond component
9% Intermediate Investment grade
9% Total Int'l Bond Index
9% High Yield
Weighted duration is 4.0 years vs 5.5 for Total Bond Market Index.
by racy
Sat Aug 09, 2014 12:55 pm
Forum: Investing - Theory, News & General
Topic: No difference between stocks and gold?
Replies: 4
Views: 898

No difference between stocks and gold?

m , Thinking About What Lies Ahead for Investors I was reading this and was struck by this statement by Mr. Bogle: "In our financial markets, annual trading in stocks—necessarily creating, by reason of the transaction costs involved, negative value for market participants—averaged some $33 tril...
by racy
Sun Jul 20, 2014 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need an interpreter for SS instruction
Replies: 4
Views: 780

Re: Need an interpreter for SS instruction

dang, I was afraid that's what it meant!! Thanks all!
racy
by racy
Sun Jul 20, 2014 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Need an interpreter for SS instruction
Replies: 4
Views: 780

Need an interpreter for SS instruction

I am following along the SS worksheet on how retirement benefits are figured. (m). The language in step 5 (b) is confusing to me. Here's the scenario: Let's say the Step 4 result is $7000. Step 5: a). Multiply the first $816 in Step 4 by 90%. $_________ b). Multiply the amount in Step 4 over $816 an...
by racy
Sun Feb 23, 2014 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones predicament
Replies: 5
Views: 1474

Re: Edward Jones predicament

... go and speak with your employer and see if they can add some low cost index fund options. .... My wife did exactly that at the small law firm she worked at ... and her boss canceled the company's 401k plan! The loss of the company match far out weighed the savings in fees we would have gotten.
by racy
Sun Feb 23, 2014 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Pension Decision [Lump Sum vs. Annuity]
Replies: 27
Views: 2357

Re: Help with Pension Decision

I'd take the lump sum; who knows what could change over the next few decades that might endanger the viability of a pension (promise). By taking the lump sum one has alot more options ... including buying your own SPIA in an amount you choose, at a time you choose.
by racy
Wed Feb 05, 2014 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Example
Replies: 29
Views: 4414

Re: Early Retirement Example

You may want to try playing with firecalc.com. It may give you a feel for what you are asking. Hi kerplunk, For fun I put your numbers (as I assumed them) into this calculator. I get a success rate of about 30%. Vanguard Total Retirement is 70% bonds, 30% equity. Firecalc lets you do various scenar...
by racy
Sat Feb 01, 2014 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Investments (3-5 years)
Replies: 4
Views: 754

Re: Short Term Investments (3-5 years)

Since what you're asking for is not possible, I think you have these choices:
(1) Preserve your principal with CDs so you have your down payment, or
(2) Invest it all in stocks for 3-5% growth, since you say you only "possibly" will want down payment money, or
(3) some mix of the above.
by racy
Wed Jan 08, 2014 5:10 pm
Forum: Investing - Theory, News & General
Topic: "Where You Can Turn For A Helping Hand"
Replies: 5
Views: 1008

Re: "Where You Can Turn For A Helping Hand"

The article should be saved someplace here, in a History Section or something.
by racy
Wed Jan 08, 2014 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you oversave for retirement or not?
Replies: 70
Views: 7433

Re: Do you oversave for retirement or not?

I married because I needed 2 incomes to maintain my lifestyle. I'm now retired and my wife is still working. What a gal!

Seriously, I worked 37 years at megacorp, maxed out the 401k, plus got a lump sum pension all the while living below our means. We over-saved and it feels good.
by racy
Wed Dec 25, 2013 7:33 am
Forum: Investing - Theory, News & General
Topic: Wellesley backtesting results vs. 30/70, 40/60, 50/50, 60/40
Replies: 14
Views: 3173

Re: Wellesley backtesting results vs. 30/70, 40/60, 50/50, 6

Pls. clarify: when you say 30/70, is that stocks/bonds, or the other way around? (I assumed the 30 was stocks, so was surprised to see all the blue diamonds in the right lower corner).
by racy
Wed Dec 04, 2013 3:51 pm
Forum: Investing - Theory, News & General
Topic: Wellington/Wellesley--response to tapering
Replies: 8
Views: 1334

Re: Wellington/Wellesley--response to tapering

Here's what the managers say, from the statutory prospectus: "Wellington Management selects investment-grade bonds that it believes will generate a reasonable and sustainable level of current income. These may include short-, intermediate-, and long-term corporate, U.S. Treasury, government age...
by racy
Wed Dec 04, 2013 9:23 am
Forum: Investing - Theory, News & General
Topic: Which retirement calculator do you trust?
Replies: 25
Views: 3915

Re: Which retirement calculator do you trust?

Darrow Kirkpatrick at Can I Retire Yet, has done some analysis of various retirement calculators. Here's a link: http://www.caniretireyet.com/the-best-f ... s-round-2/

At the end of the article he rates various calculators from most pessimistic to least.
1. http://www.flexibleretirementplanner.com/
2. http://www.firecalc.com/
3. https://www3.troweprice.com/ric/ricweb/public/ric.do
4. http://financialmentor.com/calculator/b ... calculator
5. http://www.smartmoney.com/retirement/planner/
by racy
Wed Nov 20, 2013 9:17 pm
Forum: Investing - Theory, News & General
Topic: who here is tempted to pullback on stocks?
Replies: 116
Views: 17607

Re: who here is tempted to pullback on stocks?

I have taken the opportunity to create a "safe portfolio" and a "risk portfolio" (William Bernstein, "when you've won the game, why keep playing it?). I put what we'll need for necessary living expenses, over & above SS, into short term bonds. The risk portfolio is inves...
by racy
Mon Nov 18, 2013 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Where to put cash needed in one year
Replies: 8
Views: 1647

Re: Where to put cash needed in one year

I think the best FDIC insured option for cash out there right now is the Virginia CollegeWealth® 529 Savings account at Union First Market Bank with 2.3% APY. When you take a distribution, the earnings are subject to a 10% penalty (assuming you're not using it to pay for qualified education expense...
by racy
Sat Nov 16, 2013 10:09 am
Forum: Investing - Theory, News & General
Topic: Bond question
Replies: 28
Views: 1740

Re: Bond question

Kaysa,

You might want to read up on the concept of the Efficient Frontier. Here is one link: http://www.moneychimp.com/articles/risk ... ontier.htm
Also, calculate an appropriate mix from these mutual funds: http://www.investorcraft.com/PortfolioT ... ntier.aspx

You can Google many more.
by racy
Wed Oct 30, 2013 3:50 pm
Forum: Personal Consumer Issues
Topic: The New Consumer Reports Issue on Cars
Replies: 26
Views: 5863

Re: The New Consumer Reports Issue on Cars

Having used a 1946 pickup and then a rusted out 1958 Ford station wagon as my school car vehicles in my youth, I am not frightened by anything built today. I also don't wear a helmet when I ride my bicycle. As someone said, "risk is extra life"!
by racy
Wed Oct 30, 2013 2:57 pm
Forum: Personal Consumer Issues
Topic: What are your favorite android smartphone apps?
Replies: 50
Views: 7380

Re: What are your favorite android smartphone apps?

JuiceDefender - extends battery life tremendously
by racy
Sat Sep 14, 2013 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about starting my first retirement savings
Replies: 16
Views: 1161

Re: Thinking about starting my first retirement savings

You can have both, IRA (or Roth IRA) AND a 401k. By all means, I would prioritize the 401k with the company match. If you can invest more beyond the 401k limits, then put it in you IRA.
by racy
Tue Jun 11, 2013 6:48 am
Forum: Investing - Theory, News & General
Topic: Is 3% the new 4%
Replies: 148
Views: 12812

Re: Is 3% the new 4%

I am getting nervous about taking out the 4% that we are now doing from our retirement income (we are both 65). I have been reading that 3 % is the new correct number. We could live off the lower percentage but would rather not. We are healthy now and are able to do things so should we cut back to ...
by racy
Tue Jun 11, 2013 6:29 am
Forum: Investing - Theory, News & General
Topic: RIP, BRK Direct EZ-Quote
Replies: 29
Views: 4564

Re: RIP, BRK Direct EZ-Quote

Warren must be reading the news on science breakthroughs on aging and getting nervous! "Drugs that combat aging may be available within five years, following landmark work led by an Australian researcher." .... "We're finding that aging isn't the irreversible affliction that we though...
by racy
Sat May 25, 2013 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Didn't save enough for retirement, what would you do over?
Replies: 38
Views: 7374

Re: Didn't save enough for retirement, what would you do ove

Should have kept my 1 share of Berkshire Hathaway, which I bought in 1987, instead of converting it to B shares then taking half and buying a half dozen of individual (loser) stocks.
by racy
Fri May 24, 2013 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Need opinions about my broker's strategy
Replies: 45
Views: 3217

Re: Need opinions about my broker's strategy

Fortunately, no fear of being fleeced. He's not allow to make any trades without explicit permission - and FWIW, he works in a high rise in a major east coast city and he's an employee of one of the top investment firms in the country. Not to say that the strategy is any better because of it, but I...
by racy
Thu May 23, 2013 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Why do you do it? [POLL] [High savings rate for retirement]
Replies: 78
Views: 9762

Re: Why do you do it? [POLL] [High savings rate for retireme

I grew up poor and the alternative always looked better. The ah ha moment was when I found out about the magic of compound interest in college, 40 years ago. So, OP, don't despair: diligent saving/investing and time are your friends!
by racy
Thu May 23, 2013 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Initiation Age
Replies: 65
Views: 4348

Re: Social Security Initiation Age

The higher return you can earn on your savings, the more appealing it becomes to claim benefits sooner rather than later. ... (Though as Cut-Throat would rightly point out, breakeven analysis is only part of the decision process -- and probably not the most important part for most people.) .... ger...
by racy
Mon May 06, 2013 5:46 am
Forum: Personal Finance (Not Investing)
Topic: calculating SS benefit: $25k/yr x4 yr vs $100k yr once
Replies: 20
Views: 2161

Re: calculating SS benefit: $25k/yr x4 yr vs $100k yr once

bobby,
You might try constructing a spreadsheet and do it yourself with these instructions:
http://moneyover55.about.com/od/socials ... enefit.htm

You'll need future National Average Wage Index, too. Here are the gov't's estimates:
http://www.ssa.gov/OACT/TR/TRassum.html