Search found 163 matches

by racy
Sat Dec 09, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 51
Views: 2582

Re: Do you have any guilty pleasure investments?

Almost shamed to admit it, but 5% of portfolio is in VGHAX Vanguard Healthcare (managed, sector fund).
by racy
Sat Dec 09, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 64
Views: 3518

Re: I am buying a car: Most/Least Reliable Makes?

My car reliability experience through the years: Triumph TR7 - would just die unexpectedly Jeep Cherokee & Laredo - annual gasket replacements for oil leaks Mazda 626 - engine warning light could never be fixed Mazda Miata - (same as above) Honda Accord - no problems Toyota Tacoma pickup - no proble...
by racy
Fri Dec 08, 2017 7:08 am
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7132

Re: At what age your investments start making more money than you?

43 - 46: portfolio
47 - 50: salary
51 - 55: portfolio
56: salary
57 - 58: portfolio
59: salary
60: portfolio (then retired)
by racy
Wed Dec 06, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4029

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

I'd give up on him and encourage his wife to get a job & save/invest herself. I feel sorry for her.
by racy
Wed Nov 29, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones trap
Replies: 45
Views: 5162

Re: Edward Jones trap

You might show them what that 1.3% fee will cost them over the next couple of decades. http://buyupside.com/calculators/feesdec07.htm
That single digit fee will balloon!!
by racy
Wed Nov 29, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 94
Views: 6031

Re: Interviewing at a former employer, should I give them my current salary when they ask?

No, especially if you're underpaid now. As a former manager at megacorp, you'll get a lowball offer and your future annual increases will remain based on that. If they insist, then lie ... give them a salary number you'd like!
by racy
Tue Nov 28, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5115

Re: How Do You Stay Current With Popular Music?

I like to play guitar along with the artists on Riffstation. It scrolls chords and shows video of artists performing the song. There is a section of "top trending songs" to stay current. https://play.riffstation.com/ I also subscribe to SiriusXM radio. They have channels dedicated to current music, ...
by racy
Tue Nov 28, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Is there any reason to invest in real estate?
Replies: 98
Views: 7224

Re: Is there any reason to invest in real estate?

FWI ... half the Lazy Portfolios have a REIT fund, averaging about 10% of the portfolio. https://www.marketwatch.com/lazyportfolio
by racy
Mon Nov 27, 2017 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Question
Replies: 19
Views: 1527

Re: Social Security Calculation Question

If you like building spreadsheets, you can construct one for your specific SS situation, here: https://www.thebalance.com/social-secur ... de-2388927
by racy
Sun Nov 26, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: May reach critical mass soon, how do I protect what I have?
Replies: 26
Views: 3161

Re: May reach critical mass soon, how do I protect what I have?

See page 10 of Vanguard's "Principles for Investing Success" research. https://about.vanguard.com/what-sets-va ... Online.pdf
It indicates you'll need 20 - 40% in stocks for a real return of 3 - 4% (assuming 3% inflation).
by racy
Sun Nov 26, 2017 8:26 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9255

Re: What did you do right?

Learned to work & show-up every day: did farm chores every morning & evening. Leaned & applied the magic of compound interest. Married someone like-minded about achievement and money. And stayed married. Got a job with a company pension plus a 401k. Achieved work objectives. Got promoted. Paid ourse...
by racy
Wed Nov 22, 2017 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5266

Re: Advice to become wealthy

Oldsport- I copied this from somewhere, I don't remember. But, I liked it and saved it. racy How To Get Rich 1) Make a lot of money a. Get well educated AND learn a trade/job skills/a profession that pays well. It is much easier to have a high net worth when you have a high income b. Don’t stop lear...
by racy
Wed Nov 22, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Slice and Dice
Replies: 40
Views: 3268

Re: 8 Lazy Portfolios

i have seen members list there portfolios some of there are significantly sliced and diced with 7 8 9 different funds ie small cap value small cap blend etc..my question is how much can that really add to a portfolio over what a 3 fund portfolio. I ask because at some point its just not worth manag...
by racy
Wed Nov 22, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Making collegebound Kid Financially Savvy Questions..
Replies: 49
Views: 2983

Re: Making collegebound Kid Financially Savvy Questions..

If you re-read your post there's a lot of "I have done this, I gave her this, we have done this for her, etc." It seems like you're doing a lot for her and she's not doing much on her own (yet). Nor does it sound like she's in an environment where she needs to. Does she have financial responsibilit...
by racy
Wed Nov 22, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Playing the Car Insurance Deductible Game
Replies: 20
Views: 1601

Re: Playing the Car Insurance Deductible Game

I hate paying premiums and always go for high deductibles (never extended warranties!). My State Farm agent used to call me once a year to "review". My first question was, "how are you going to save me money next year?". She quit wanting to review after a couple years.
by racy
Tue Nov 21, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: where should I put my direct deposit?
Replies: 26
Views: 2802

Re: where should I put my direct deposit?

Sounds like you're cutting it too close if you have to keep checking your bank balance, and stressing about it.
I'd cut back the amount of the auto investment to VG. Then, when your checking balance gets "too big", do a manual transfer to VG.
by racy
Sun Nov 19, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 24
Views: 1623

Re: Thoughts on my asset allocation?

They are referencing the work by Eugene Fama and Kenneth French: the 3 Factor Model which showed that small size and value were important components of a stock's value. The Wikipedia: https://www.bogleheads.org/wiki/Fama_an ... ctor_model
by racy
Sun Nov 19, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: How to take income from IRA?
Replies: 8
Views: 580

How to take income from IRA?

What is the recommended or preferred way(s) to take income from a tax-deferred account? a) take dividends & capital gains from bond funds, or b) take dividends from bond fund & reinvest capital gains, or c) take dividends & capital gains from stock funds, or d) take dividends from stock fund & reinv...
by racy
Thu Nov 16, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4730

Re: Fair way to split expenses?

We have a joint account and separate personal accounts (both checking and investment). We agreed on how much personal money each would keep per month, the rest went into joint accounts. The Rule: have to agree on joint spending & investing, but 'no questions asked' about spending from or investing i...
by racy
Tue Nov 14, 2017 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options (high fees!)
Replies: 26
Views: 1339

Re: Wife's 401k investment options (high fees!)

My wife also works at a small firm. She brought up the fact that their 401k had high fees to her boss. About a month later he cancelled the company's plan altogether. No more free money via a company match...
by racy
Mon Nov 13, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund Portfolio vs Multiple funds
Replies: 11
Views: 899

Re: 3 fund Portfolio vs Multiple funds

Also, Lazy Portfolios: https://www.marketwatch.com/lazyportfolio (click the portfolio name to see the Vanguard funds each holds).
by racy
Mon Nov 13, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 118
Views: 6912

Re: Tipping in living wage state. Redux.

I've always tipped between 10 and 15%, whatever rounds up to an even dollar on the tab. However, my DW, thinks 20% is a minimum....
by racy
Mon Nov 06, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: Dividends make up for high mutual fund fees
Replies: 31
Views: 2112

Re: Dividends make up for high mutual fund fees

Not that he'd look at it, but here is a calculator that shows the impact of annual fees on the overall return of an investment. Here's a quote from the site and the link. "Annual fees are particularly onerous because the dollar amount that you pay increases as the value of your holdings increases. ....
by racy
Sun Nov 05, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting with significant other
Replies: 26
Views: 2233

Re: Budgeting with significant other

DW and I celebrated our 40th wedding anniversary last month. We have always had joint money and personal money. The rule is: the other can't say anything about how the other spends personal money. Having done it this way for so long, it's "normal".
by racy
Fri Nov 03, 2017 6:31 am
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 1871

Re: Robert Prechter, Elliott Wave theorist, Fox Business today

An evaluation and ranking of 68 market forecasters was conducted in May of this year. Spoiler alert! Prechter ranked last! See page 19. https://poseidon01.ssrn.com/delivery.php?ID=166121084101085108013074103064010031037020034052010050028071014127125000076102025101055005123036121059116024104090095113...
by racy
Thu Nov 02, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 1871

Re: Robert Prechter, Elliott Wave theorist, Fox Business today

My thoughts: This thread should be deleted. Anybody can model the past chart of any stock market with enough Fourier terms. Just because you don't know math is no reason to believe that mathematicians are magicians. I suppose though that Fake News is the Law of the Land nowadays. Oh, come on. Join ...
by racy
Wed Nov 01, 2017 4:41 pm
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 1871

Robert Prechter, Elliott Wave theorist, Fox Business today

Neil Cavuto had Robert Prechter on Fox Business today (yeah, I know, "financial porn"). Anyway, he's predicting a big recession using his Elliott Wave theory. Quoting him, "The market is registering a major peak right now, Prechter said -- which means the economy may be entering a bear market simila...
by racy
Mon Oct 30, 2017 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 12539

Re: Request for Promotion letter to Senior Management

1. Don't send the letter; don't ask for promotion.
2. Put a dollar value on your accomplishments; dollars are what really matter.
3. Your statement, "I have been around long enough to recognize incompetent management..." may be showing and contributing to the comfort and fit issue.
by racy
Sat Oct 21, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18078

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Once. The fee-based advisor pointed out the high costs of my wife's 401k. When she mentioned that to her employer he cancelled the 401k plan shortly thereafter. Great....
by racy
Fri Oct 20, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 5440

Re: Best way to make some dollars on a 10 day vacation?

barnaclebob wrote:
Tue Oct 17, 2017 11:15 am
sign up for medical or psych experiments?
+1 Did this in college. Easy money especially if you get one requiring multiple blood draws! I recall one nurse we nicknamed "Icepick" for her inability to successfully hit a vein.
by racy
Thu Oct 19, 2017 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Question about Personal Capital
Replies: 18
Views: 1672

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: 3069

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: 1899

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: 521

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: 699

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: 1588

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: 4474

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: 213

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: 6546

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: 786

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: 7948

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: 7948

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: 2985

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: 3753

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: 2467

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: 2721

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: 2956

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...