Search found 3045 matches

by alec
Sun Mar 15, 2020 4:55 pm
Forum: Personal Investments
Topic: A message to young/new Bogleheads that are freaking out
Replies: 17
Views: 3320

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

For the last 20-25 years, Bill Bernstein has been saying that young investors should get down on their knees and pray for bear markets so they can buy stocks when they’re cheap.
by alec
Thu Feb 20, 2020 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Home for Mother In Law
Replies: 10
Views: 1467

Re: Home for Mother In Law

If it’s just MIL, why buy a whole house that requires upkeep, etc. Why not rent?

When my grandmother was in her early late 70s, she sold her house several hours away, and moved into an apartment 5 mins away from my parents and grandkids (us).
by alec
Sun Feb 16, 2020 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Risky Financial Decisions You’ve Made in the Past
Replies: 49
Views: 3573

Re: Risky Financial Decisions You’ve Made in the Past

Having my first child within 1.5 years of graduating from college. :oops:
by alec
Sat Feb 15, 2020 7:56 pm
Forum: Personal Investments
Topic: seeking advice/assurance for fund selection?
Replies: 8
Views: 461

Re: seeking advice/assurance for fund selection?

If I'm reading correctly, with the inheritance, you have: 53% in taxable now - 23% inherited stock and 30% cash. 47% IRAs, 403b, Roth IRA I think it makes sense to sell the single stock and reinvest it according to your AA/IPS. For example, putting the money into a total stock fund (either Total US ...
by alec
Sat Feb 15, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12324

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

For those that had their private pensions frozen while working, what made you stay with the same employer? My company froze the pension, but then started contributing more to the 401k in lieu of more pension benefits. So, we get a match on our contributions plus another 3-7%, depending on how long ...
by alec
Sat Feb 15, 2020 7:51 am
Forum: Personal Investments
Topic: advice on keep it or sell it?
Replies: 19
Views: 1214

Re: advice on keep it or sell it?

If you had the $81,000 in cash now instead of MO stock, would you buy $81 000 in MO? If not, sell it all and invest according to your IPS.
by alec
Sat Feb 01, 2020 8:54 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 4
Views: 501

Re: Portfolio Review

2. I believe my bond allocation is less than ideal~6% (from 401Ks). However, I like the ease of just contributing 100% to target date funds in my 401K. I am considering selling 4% in my 401K target date funds and investing in Total Bond Market and re-balancing it every 6months-1year. Is this the ri...
by alec
Fri Jan 31, 2020 6:47 am
Forum: Personal Investments
Topic: Sell company stock (taxes) or wait until early retirement (no or low taxes)
Replies: 23
Views: 1799

Re: Sell company stock (taxes) or wait until early retirement (no or low taxes)

What would you do? To me there is a whole spectrum from selling nothing to selling all of it. For me, I’d probably take a middle path and plan to have less than 5% of my assets in company stock within 3-4 years, which probably means selling more each year than you currently are. If the stock really...
by alec
Sun Jan 26, 2020 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: PBGC pension survivor benefits?
Replies: 11
Views: 650

Re: PBGC pension survivor benefits?

I am entitled to a PBGC guaranteed pension that I can start any time between now and age 70. I plan to start at 70 with a joint and 100% survivor election in favor of my wife. I'm wondering what happens if I die before I start collecting. The documents they've sent include that the default is a joi...
by alec
Sun Jan 26, 2020 8:29 pm
Forum: Personal Investments
Topic: Portfolio checkup / starting to invest in bond funds
Replies: 15
Views: 1709

Re: Portfolio checkup / starting to invest in bond funds

Can you at least use municipal bonds, like VCADX? https://investor.vanguard.com/mutual-funds/profile/VCADX Hmm, not a bad idea. I see in Portfolio Visualizer that the drawdowns for VCADX are deeper than for VBTLX, but the after-tax returns must be better, if the pre-tax yields are so close to each ...
by alec
Sun Jan 26, 2020 9:02 am
Forum: Personal Consumer Issues
Topic: First Visit to Keys and Marathon, FL
Replies: 25
Views: 2315

Re: First Visit to Keys and Marathon, FL

Hemingway’s house -six toed cats

Blue Heaven restaurant
by alec
Sat Jan 25, 2020 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is Age + Service prorated for part time work?
Replies: 1
Views: 196

Re: Is Age + Service prorated for part time work?

Most companies have a Rule of X (typically 85) where if your Age plus years of Service to the company exceeds that threshold then you get full or partial health benefits. I’m wondering if the service is prorated for part-time work or if you get full-time credit for the calculation. I’m sure this va...
by alec
Tue Jan 21, 2020 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: 5 - Ways to help you spend your retirement savings - Wisely
Replies: 23
Views: 2772

Re: 5 - Ways to help you spend your retirement savings - Wisely

No, my parents were like this before my dad retired from part time work in his late 70s. They just bought a life annuity to make up the “lost” income they wanted over and above Social Security. Another way I’ve heard people deal with this is to just have 2 years or so of expenses in a MM fund, and t...
by alec
Sat Jan 18, 2020 8:17 am
Forum: Personal Investments
Topic: First Time Portfolio Review
Replies: 5
Views: 612

Re: First Time Portfolio Review

2) For dual income families, what are some ways to make the work/home life balance more manageable? 1. Someone to clean house every 2 weeks, especially bathrooms and kitchen. 2. Use food store apps to pre-buy food, and then go pick it up rather than having to go in and shop. My wife has found Giant...
by alec
Fri Jan 17, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pretax savings in new job
Replies: 5
Views: 644

Re: Pretax savings in new job

Here you go. Links to all the limits

https://www.irs.gov/retirement-plans/pl ... tributions
by alec
Fri Jan 17, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Why did Wellesley fund do so well this year?
Replies: 19
Views: 3941

Re: Why did Wellesley fund do so well this year?

Stocks returned 30% in 2019. That means they contributed 10.5% to Wellesley's return. That means bonds contributed 6%. Either their bond holdings dramatically underperformed a comparable passive index of bonds or their equities dramatically underperformed a passive index of equities. Broad stock ma...
by alec
Thu Jan 16, 2020 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?
Replies: 13
Views: 1274

Re: Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?

My family was on my company's health insurance, and when my wife got a new job, we were able to all drop my company's health insurance and switch over to her new company's health insurance mid-year.
by alec
Thu Jan 16, 2020 7:48 pm
Forum: Personal Investments
Topic: Portfolio checkup / starting to invest in bond funds
Replies: 15
Views: 1709

Re: Portfolio checkup / starting to invest in bond funds

... I'll have to start with VCAIX for a couple of years until enough of my CDs mature for me to get over the $50k initial investment threshold for VCADX, but thanks for the tip! there are also Investor Class shares - https://investor.vanguard.com/mutual-funds/profile/vcaix Yes, I found them (see ab...
by alec
Thu Jan 16, 2020 7:45 pm
Forum: Personal Investments
Topic: Portfolio checkup / starting to invest in bond funds
Replies: 15
Views: 1709

Re: Portfolio checkup / starting to invest in bond funds

Can you at least use municipal bonds, like VCADX? https://investor.vanguard.com/mutual-funds/profile/VCADX Hmm, not a bad idea. I see in Portfolio Visualizer that the drawdowns for VCADX are deeper than for VBTLX, but the after-tax returns must be better, if the pre-tax yields are so close to each ...
by alec
Wed Jan 15, 2020 7:55 pm
Forum: Personal Investments
Topic: Portfolio checkup / starting to invest in bond funds
Replies: 15
Views: 1709

Re: Portfolio checkup / starting to invest in bond funds

I'm thinking I'll keep it in taxable for now, for a couple of reasons. First, since the person who gifted me the ~$100k was concerned about preservation of principal, I think it would be hard to convince them that moving it into my retirement accounts is "safe". Normally it's easy (if you ignore th...
by alec
Wed Jan 15, 2020 7:24 pm
Forum: Personal Investments
Topic: Portfolio Review & Recent Inheritance & FIRE?
Replies: 18
Views: 1455

Re: Portfolio Review & Recent Inheritance & FIRE?

That’s my understating as well but sometimes I read that at my age (46), I should have stocks in Roth due to their growth potential. Which makes me wonder if I do bonds in IRA, stocks in Roth and taxable is split to make my asset allocation correct. I'm not an expert on the whole stocks in Roth, bu...
by alec
Wed Jan 15, 2020 6:23 am
Forum: Personal Investments
Topic: Portfolio checkup / starting to invest in bond funds
Replies: 15
Views: 1709

Re: Portfolio checkup / starting to invest in bond funds

A few suggestions: 1. At your high tax rates, I wouldn't hold any bonds in taxable. Probably use 401(k). Vanguard Total Bond Market Index Trust seems like a reasonable choice. Also, probably easier to rebalance if needed inside tax deferred accounts. 2. At only 10% bonds, I don't think you need int'...
by alec
Tue Jan 14, 2020 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Newly married! combining investing philosophies
Replies: 24
Views: 2599

Re: Newly married! combining investing philosophies

I need more info on this piece of the puzzle.... She does not really feel comfortable investing our own, and has expressed a desire to remain with the "family firm" for our marital investments. I guess I am ok with this if we have the option of designing a low cost Boglehead style account, but what...
by alec
Tue Jan 14, 2020 8:49 pm
Forum: Personal Investments
Topic: Portfolio Review & Recent Inheritance & FIRE?
Replies: 18
Views: 1455

Re: Portfolio Review & Recent Inheritance & FIRE?

I'll offer some quick comments, but overall looks pretty good to me. Current portfolio: $3.3M (including $1.4M recent inheritance) (does not include $180,000 home or $150,000 529 plan for adult child) Annual Expenses: $60,000 so, that's about a 1.8% withdraw rate, or even lower with your spouses inc...
by alec
Tue Dec 17, 2019 10:06 pm
Forum: Investing - Theory, News & General
Topic: How to use limit orders / do I need limit orders?
Replies: 61
Views: 3527

Re: How to use limit orders / do I need limit orders?

So now the market is open and I put in a limit order at the ask price. It was filled instantly, and the actual price that I paid was exactly half way between the bid and the ask. That worked pretty well. You just experienced Price Improvement. Here is Schwab explaining it: https://www.schwab.com/pu...
by alec
Sun Dec 15, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: How to use limit orders / do I need limit orders?
Replies: 61
Views: 3527

Re: How to use limit orders / do I need limit orders?

And Fidelity, at least, won't allow you to set it any higher. [snipped by lazyday] I'm with Fidelity too and I've noticed that they won't let me go above the ask price. That's a surprise, and a minor disappointment. There's a Vanguard paper somewhere that suggests placing "marketable limit orders" ...
by alec
Thu Dec 05, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on how to go about quitting job?
Replies: 28
Views: 2732

Re: Thoughts on how to go about quitting job?

I had an employee who came to work for me after his gov agency downsized most of their new hires. 8 months later said gov agency realized their error and wanted him back. He told me honestly and gave his two weeks notice. I wasn’t upset at all.
by alec
Wed Dec 04, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that allow total solitude and are night jobs
Replies: 60
Views: 4482

Re: Jobs that allow total solitude and are night jobs

Night shift for intelligence agencies. Someone as to monitor things after 6pm.
by alec
Sun Dec 01, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 78
Views: 13004

Re: How not to feel poor...

If you’re anxious about traveling, start out by taking small, cheap, trips. Once you get exposed to visiting new places, you may be more open to it. So, I wouldn’t have the first trip be Europe.

Also, therapy is cheaper than divorce. :D
by alec
Sun Dec 01, 2019 10:42 pm
Forum: Personal Investments
Topic: Evaluating privately held shares
Replies: 17
Views: 886

Re: Evaluating privately held shares

I think I’d take a step back and think about whether, instead of owning the stock, you just inherited cash. Would you take all that cash and go buy however much worth of stock of this private bank?

If no, then I’d sell all the stock in the private bank and invest the cash according to your IPS.
by alec
Wed Nov 27, 2019 5:35 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 86
Views: 6601

Re: Is a minivan worth it?

Minivans are great for your situation. We got a used Odessy when our kids were young.
by alec
Fri Nov 08, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Cliff Asness: It’s Time For A Venial Value-Timing Sin
Replies: 19
Views: 2156

Re: Cliff Asness: It’s Time For A Venial Value-Timing Sin

columbia wrote:
Fri Nov 08, 2019 7:35 am
PE per Vanguard:

Ex-US: 14.4
Vanguard Value: 16.3

S&P 500: 20.5

I have no knowledge as to whether those lower prices will lead to outperforming VOO, of course.
Aren’t value stocks almost always supposed to have lower PEs and PBs?
by alec
Tue Oct 29, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 5184

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

I guess it depends on what you mean by wholesome lunch. One coworker just goes to Safeway once a week and buys the pre made salads, soups, or sandwiches. I think it’s like $5-6 per. Personally, I do either: 1. Leftovers from dinner night before, or 2. Ham/Turkey sandwich and fruit that I spend all o...
by alec
Thu Oct 24, 2019 6:45 pm
Forum: Personal Investments
Topic: Helpful considerations for mom with nest egg investment
Replies: 12
Views: 1016

Re: Helpful considerations for mom with nest egg investment

She feels that EJ has funds that you can't get on the open market and you must be a part of the institution to access them. That’s probably what the EJ sales people are telling her. That’s code for high fee rather complicated things that you readily get out of. For example, annuities, non traded RE...
by alec
Sun Oct 20, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6583

Re: Can you claim financial independence with kids still in school

Hi . I would like to know how others feel about this . We are doing fairly well in terms of meeting our financial goals . We have kids still in school (middle and high). Whenever , I feel that may be we can ease up a little bit and cut down on the work , my DW reminds me that our kids are a long wa...
by alec
Mon Oct 07, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Keeping fleas out of the house
Replies: 21
Views: 1580

Re: Keeping fleas out of the house

We use Precor Plus 2000 spray on our carpets and floors when one of our cats got fleas. Was very easy and fast.
by alec
Wed Oct 02, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Advice for hiring a cleaner/cleaning company
Replies: 10
Views: 1320

Re: Advice for hiring a cleaner/cleaning company

We asked friends in the area for recommendations.
by alec
Thu Sep 26, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13471

Re: Half of Retirees Afraid to Use Savings

livesoft wrote:
Thu Sep 26, 2019 10:38 am
From the article about the study
Many of the study’s findings seem like common sense.
:D :D :D :D
by alec
Sun Sep 22, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 9211

Re: First car for child

Our 17 yo got my wife’s Honda Pilot (she got a newer car), and we told him that if he crashes that car, he’d be riding his bike. Also, he’s paying for the increase in the car insurance.
by alec
Sun Sep 01, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: How to help niece improve her driving
Replies: 94
Views: 6751

Re: How to help niece improve her driving

Went out driving with my 25 year old niece the other day. She drove and I felt my life pass in front of me. She admits to probably needing some type of defensive driving course or professional refreshing on her driving technique, although she has been driving for 7 years with one minor accident. I ...
by alec
Thu Aug 01, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard promoting their Actively managed funds
Replies: 54
Views: 4911

Re: Vanguard promoting their Actively managed funds

Seriously, does anyone here really think the Vanguard active management funds are new, and represent a new focus for Vanguard? If so, talk about oblivious investors.... :shock: Of course Vanguard will promote their active funds, there is some serious dollars in them thar funds! Broken Man 1999 Your...
by alec
Wed Jul 24, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 7083

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

anyway, i am curious as to how far "behind" we are from a financially healthy standpoint. For some perspective, when my wife an I were your ages, we had two small kids, a starter home, and only 50k saved everywhere. You’re doing fantastic. I’m always amazed at how people that haven’t owned homes ar...
by alec
Wed Jul 17, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: How unpleasant is the home buying/selling experience??
Replies: 40
Views: 4132

Re: How unpleasant is the home buying/selling experience??

Definitely option 2. I’d rent for a few years until ready to buy the bigger house. You can usually rent the smaller house (like townhouse) you’d buy in option 1 until you’re ready to buy the bigger house.
by alec
Sat Jul 13, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Safe DIY Spider Control
Replies: 16
Views: 1017

Re: Safe DIY Spider Control

Our cats kill them for us. :twisted:
by alec
Tue Jul 09, 2019 8:03 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 11612

Re: Who cuts your hair? And for how much?

Sitting in the barber's chair, a young barber (by almost 35 years) is cutting my hair. I enjoy the conversation and there is much to learn by listening and engaging in thoughtful conversation . More importantly I realize the difficulty each of us grapples with. I gave what I though was a generous t...
by alec
Thu Jul 04, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 23491

Re: Do you share your net worth with family members?

Whenever my family asks, I tell them how much I make. No skin off my nose. If they have a problem with it, it’s their problem, not mine.
by alec
Wed Jul 03, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 7078

Re: Adult son has not controlled credit card overuse!

Just a thought with the in laws. An older couple down the street from me had a similar issue with their daughter. They had a sit down with the sons parents, and hammered out a plan. Then, both sets of parents sat down with the kids to have a united front.

Everyone was local, so it make it easier.