Search found 248 matches

by racy
Sun May 31, 2020 7:49 am
Forum: Personal Finance (Not Investing)
Topic: What does your budget spreadsheet look like?
Replies: 36
Views: 2306

Re: What does your budget spreadsheet look like?

Wife & I never budgeted either. Our plan: * paid ourselves first, i.e. automatic paycheck deductions going to investments * always fully pay off monthly credit card bill * we each kept a small amount of our paychecks for 'personal money' (neither could complain how the other spent it). Although, we ...
by racy
Fri May 29, 2020 9:09 am
Forum: Personal Investments
Topic: If not 3 fund, whats your strategy ?
Replies: 66
Views: 4058

Re: If not 3 fund, whats your strategy ?

From our Investment Policy Statement. (BH purists may freak out because my implementation is more than 3 or 4 funds, but I'm old and can take it) :happy Our strategy: *Be well diversified among asset classes, keep costs low, stay the course. *Use a probability-based strategy, not a safety-first (ann...
by racy
Wed May 27, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 233
Views: 18266

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

...My question is where do you put this safe money....What about inflation? Any suggestions? Thanks Paul I use Vanguard Short Term Investment Grade fund (VFSUX). I've tracked it's annual performance vs inflation (both CPI-U and CPI-W) since 2001. In a few years inflation was worse than the fund's t...
by racy
Sat May 09, 2020 10:43 am
Forum: Personal Investments
Topic: Real estate crowdfunding as alternate investment
Replies: 17
Views: 1124

Re: Real estate crowdfunding as alternate investment

I've been investing in PeerStreet for over 2 years; currently have 56 active loans and 33 paid-off loans. My thoughts: (1) It's only available to accredited investors (so, hopefully educated on the risks involved and able to take a loss in stride) (2) It's not for the feint of heart. Some borrowers ...
by racy
Sun Mar 15, 2020 6:20 pm
Forum: Personal Investments
Topic: A message to young/new Bogleheads that are freaking out
Replies: 17
Views: 3324

Re: A message to young/new Bogleheads that are freaking out

elliott1234 wrote:
Sun Mar 15, 2020 3:54 pm
... I am 36 ... I am a farmer ...but the important thing is to have an AA you are comfortable with and continue to invest according to your plan... and stop looking at the ticker!
I'd say he's a hellva lot wiser than most of the Wall Street crowd!
by racy
Sat Mar 07, 2020 8:59 pm
Forum: Personal Consumer Issues
Topic: Talk me into or out of a new vehicle purchase
Replies: 29
Views: 2371

Re: Talk me into or out of a new vehicle purchase

If you can afford it, buy it. Life is short, enjoy it! And, then when you tire of it, get a motorcycle!
by racy
Tue Jan 21, 2020 9:33 pm
Forum: Personal Investments
Topic: Why ally bank
Replies: 98
Views: 15007

Re: Why ally bank

I've been with Ally for many years. Once I accidentally overdrew my checking and incurred a penalty. I called Ally, apologized and that with my history with them they forgave the penalty.
by racy
Sat Jan 11, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Here's what I still don't get with AA
Replies: 48
Views: 4917

Re: Here's what I still don't get with AA

OP, I see you've been investing for only 2 months. Don't worry about 'losing money', just stay the course. I've been in the market steadily for decades. I've kept track of our net worth every month for 360 months. 262 of those months (73% of them) have had a positive gain. 98 months, (27% of the tim...
by racy
Sat Jan 04, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 147
Views: 21787

Re: Our 'cure' for emergency expenses

OP,
No good deed goes unpunished (by some, around here).
by racy
Sat Jan 04, 2020 10:53 am
Forum: Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 25
Views: 3417

Re: Why does Vanguard not give percentage for YTD returns?

Confession: I'm not answering OP's question about Vanguard!
Nevertheless, I like moneychimp's calculator for my portfolio performance, over any amount of time I choose: http://www.moneychimp.com/features/port ... ulator.htm
by racy
Fri Dec 27, 2019 7:59 am
Forum: Personal Consumer Issues
Topic: Best holiday gift you gave this year
Replies: 40
Views: 3298

Re: Best holiday gift you gave this year

Son's wife is always misplacing her keys, and sometimes, my son's. So, bought him a pair to Tile Pro 2020 bluetooth trackers.
by racy
Fri Dec 27, 2019 7:48 am
Forum: Personal Investments
Topic: Heads Up - Rebalance
Replies: 22
Views: 2467

Re: Heads Up - Rebalance

Rather than time intervals, Kites has an article on tolerance bands. From the article: "A 2007 study in the Journal of Financial Planning by Gobind Daryanani entitled “Opportunistic Rebalancing” studied rolling 5-year periods from 1992 to 2004 and found that the optimal rebalancing threshold was at ...
by racy
Thu Dec 26, 2019 8:49 pm
Forum: Personal Investments
Topic: Ready to invest in the stock market for the first time in my life
Replies: 95
Views: 5862

Re: Ready to invest in the stock market for the first time in my life

I was young once, anxious to make money, business college grad, and pretty 'smart'. Nevertheless, I lost money investing in hot individual stocks. But, you're young. You'll most likely think us old guys are dumb. So, go ahead. Pick some stocks. Learn on your own. (And, don't think your future advice...
by racy
Thu Dec 26, 2019 8:41 pm
Forum: Personal Investments
Topic: In or Near Retirement with Only Six Figures?
Replies: 126
Views: 15574

Re: In or Near Retirement with Only Six Figures?

OP here. ... Our current expenses are $66,000... I was just looking at our past expenses and the effect of inflation. 10 years ago we spent $77,700. In today's money that'd be $93,200, in a decade of relatively low inflation. So, make sure you plan on staying ahead of it. Interesting site: https://...
by racy
Thu Dec 26, 2019 8:29 pm
Forum: Personal Investments
Topic: International Fund
Replies: 28
Views: 2177

Re: International Fund

I have 20% of my equities in VINEX, International Explorer. Why? Who knows. And, 'nobody knows nuthin' .... just sayin' :wink:
by racy
Thu Dec 26, 2019 8:26 pm
Forum: Personal Investments
Topic: CD or Mutual fund
Replies: 3
Views: 356

Re: CD or Mutual fund

by racy
Thu Dec 26, 2019 7:53 am
Forum: Personal Consumer Issues
Topic: Latex mattress
Replies: 22
Views: 1334

Re: Latex mattress

You might try some online reviews, like: https://www.youtube.com/watch?v=K0cZhjxUmGc
(We just ordered a Nest bed, model Alexander Signature Hybrid).
by racy
Thu Dec 05, 2019 6:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Sales Pitch?
Replies: 28
Views: 3260

Re: Vanguard Sales Pitch?

I got a call the other day from myself ... turns out I was trying to scam me. (My rule: Never accept calls ... always initiate them).
by racy
Wed Nov 27, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody Switching to Medigap G (High Deductible)?
Replies: 15
Views: 1294

Re: Anybody Switching to Medigap G (High Deductible)?

I was advised by my state SHIP office to go with G because F is scheduled to be eliminated for new enrollees. Those who have G would be able to keep it. But since no new 'youngsters' would be allowed in the age of the pool would become older and more expensive to insure, thus driving up premiums.
by racy
Mon Nov 25, 2019 8:05 am
Forum: Investing - Theory, News & General
Topic: Rookie question re return expectation
Replies: 15
Views: 1074

Re: Rookie question re return expectation

naraicjul wrote:
Mon Nov 25, 2019 7:50 am
So could an individual stock have a higher expected return than the broader index? How is the expected return calculated?
Buyers will calculate a higher expected return than the Seller does. Who's right? That's what makes a market.
by racy
Sat Nov 23, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: What's your FIRECALC number?
Replies: 58
Views: 8380

Re: What's your FIRECALC number?

We survived a 100 year flood now twice; what are the odds? I survived a deer strike on my motorcycle; what are the odds? I want 100% on FireCALC (whatever that really means)...
by racy
Wed Jul 31, 2019 6:36 am
Forum: Personal Investments
Topic: AA Adjustment Timing
Replies: 11
Views: 795

Re: AA Adjustment Timing

.... I am not sure if the marginal increase in returns for the rest of the bull market (how every long it will be), outweighs the downside risk when it ends. Any thoughts? I think you're right. It seems to me that the difference between 90/10 and 80/20 is negligible, and so is the timing concern.
by racy
Tue Jul 23, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21883

Re: Has anyone seen the documentary "Playing with FIRE?"

Us Hippies in the '60s were anti-establishment, back to nature and minimalist, too. Yet, here we are ... wealthy! :wink:
by racy
Thu Jul 11, 2019 7:01 am
Forum: Personal Investments
Topic: Poorly Managed
Replies: 25
Views: 2354

Re: Poorly Managed

I don't know if this is even possible. But can you meet with their advisor yourself? He/she knows the money will soon be yours. Express to him directly that you know fees are too high and there are better alternatives. Maybe you could get a fee reduction now if he/she fears losing the account.
by racy
Fri Jun 21, 2019 7:23 am
Forum: Personal Investments
Topic: How did you overcome your fear of investing?
Replies: 33
Views: 2853

Re: How did you overcome your fear of investing?

You say you've already got an age appropriate mix of stocks and bonds. So, maybe you just need to take Jack's advice: "John C. “Jack” Bogle's advice for defined contribution plan participants is not to open their account statements until right before they retire and ignore the market." https://www.p...
by racy
Mon Jun 17, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 3311

Re: Recommendation for light beer.

My advice: Get drunk, not fat. http://getdrunknotfat.com/
by racy
Tue Mar 12, 2019 5:47 am
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 18146

Re: Are Vanguard Mutual Funds dying?

I hope not. I have an automatic withdrawal for monthly income set up from one of my mutual funds. Per Vanguard: "You can't make automatic investments or withdrawals into or out of ETFs."
https://investor.vanguard.com/etf/etf-vs-mutual-fund
by racy
Fri Mar 01, 2019 7:44 am
Forum: Personal Investments
Topic: What did wise people do with their investments in 2008
Replies: 101
Views: 8912

Re: What did wise people do with their investments in 2008

(Since I'm a bit of money nerd), I've tracked our portfolio performance monthly for 29+ years. Results: for 273 months (72% of the time) it increased, 97 months it declined (28%). What'd I do in 2008? Nothing, other than stick to my Investment Policy Statement (which includes "stay the course: no ma...
by racy
Mon Feb 18, 2019 7:23 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 81
Views: 8552

Re: Favorite youtube channels?

I like listening to these guys debate with creationists/religious types:
Christopher Hitchens
Richard Dawkins
Matt Dillahunty
Sam Harris
by racy
Fri Feb 08, 2019 8:06 am
Forum: Personal Consumer Issues
Topic: Mazda Miata as Daily Commute Fun Car?
Replies: 94
Views: 6135

Re: Mazda Miata as Daily Commute Fun Car?

I bought a new, manual 6 speed, Power Retractable Hardtop Miata in 2008, at 56. I used it as a fun car, not a daily commute. I had it for 4 years until I bought a Honda Accord coupe (with 6 speed manual!). 1. I am 5'9" and fit fine. Only you will know how it fits you. No, I don't think it would as c...
by racy
Thu Feb 07, 2019 7:52 am
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 105
Views: 14743

Re: Ally Bank's nightmarish online reviews -- should I be worried?

I've had checking and saving accounts with Ally since 2013. I've used their mobile app to deposit checks. Zero problems. In fact, one time I overdrew my checking and a penalty was imposed. I called them, explained what happened and they cancelled the penalty! Highly recommended.
by racy
Tue Dec 11, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 25103

Re: What percentage of your net worth is your home equity?

10% of net-worth. House paid off. In my view, net-worth is kind of meaningless.
by racy
Tue Dec 11, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 23366

Re: What Happened to you during the Financial crisis of 2007–2008

I was in my mid-50's at the time. Our net worth high was May 2008. Our low was March 2009: a decline of 21%. We recovered back to the high in Jan 2010, 21 months later. A year later, Jan 2011, our moderate portfolio was 15.4% higher. What did I do during the downturn? Just kept adding to my 401k and...
by racy
Mon Dec 03, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5863

Re: Do you get a year end bonus?

Worked at a medical tech Megacorp as a production manager. Bonuses were paid based on a formula factoring in corporate, plant and individual factors. Usually received 20% of salary. Also, our mfg plant had a bonus program for all employees. We had several factors (productivity, quality, safety, etc)...
by racy
Mon Nov 19, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5457
Views: 1351166

Re: What Movie Have You Recently Watched?

Widows, at the local theater. Critics liked it a lot, audiences not as well. I'm in the latter group...
by racy
Wed Nov 14, 2018 7:29 am
Forum: Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 7542

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: 5207

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: 1250

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: 7374

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: Personal Investments
Topic: VASGX - What to do? [VG LifeStrategy Growth]
Replies: 15
Views: 1604

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: Personal Investments
Topic: Purchasing annuity for wife
Replies: 21
Views: 2727

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: 7230

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: 5920

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: 44
Views: 7484

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: Personal Investments
Topic: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact
Replies: 33
Views: 4749

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: 3797

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: Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 9805

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: 375
Views: 24588

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: Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5564

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: 43
Views: 4740

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...