Search found 103 matches

by slowbutsteady
Sun Feb 28, 2021 6:47 pm
Forum: Personal Investments
Topic: 529 fund bonds versus cash in high school
Replies: 12
Views: 1080

Re: 529 fund bonds versus cash in high school

Some may consider this reckless, but my daughter (1st of 4 kids) is a rising junior in high school and we are still 100% equity.

I think cash at your daughter's stage may be too conservative. How about 30/70?
by slowbutsteady
Sun Feb 28, 2021 6:09 pm
Forum: Personal Consumer Issues
Topic: wiFi extenders
Replies: 39
Views: 2157

Re: wiFi extenders

Have tried all sorts of extenders, even quite pricey ones. Installed Deco mesh (3 units) first thing this year and it's like a dream. No drops, strong access everywhere, solid speed, same network ID - instead of manually swapping when we had extenders, and added easy management of parental access, b...
by slowbutsteady
Sun Feb 28, 2021 4:08 pm
Forum: Personal Investments
Topic: Fidelity 529 "blended"
Replies: 7
Views: 669

Re: Fidelity 529 "blended"

CT resident too and just like you, I was pleased with TIAA CHET and wondered about the change. Looking deeper, Fidelity 529 index that mirror my previous were slightly lower cost. FIDO has more funds options, but will likely never use them anyways What I like at FIDO 1) Lower cost 2) 100% mixed dome...
by slowbutsteady
Fri Jul 17, 2020 6:42 am
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

Re: [Wade Pfau]: More effective estate planning with SPIA+WL?

Thanks for the helpful discussions. Here are my takeaways: First, on the analysis. Some divergent views and specific critique. Some question the analytics framework but I infer that many think the general methodology/frame is acceptable. It came down to the assumptions which seems overly tilted to f...
by slowbutsteady
Thu Jul 16, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

Re: [Wade Pfau]: More effective estate planning with SPIA+WL?

Interesting to see your apparent conclusions as they are quite opposite of mine. Wade has a tendency to use very very specific assumptions so you have to be careful how you apply them. In the paper he gives multiple results that lead me to the conclusion that "it depends" is the only answ...
by slowbutsteady
Thu Jul 16, 2020 7:53 pm
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

Re: [Wade Pfau]: More effective estate planning with SPIA+WL?

Second, a permanent death benefit supported through whole life insurance can be integrated into a retirement income plan by helping the retiree to justify the decision to buy an income annuity and to overcome the behavioral hurdles related to using annuities. The death benefit allows the retiree to...
by slowbutsteady
Thu Jul 16, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

Re: [Wade Pfau]: More effective estate planning with SPIA+WL?

I criticize the assumptions behind this paper. First, at the most basic level, the death benefit for life insurance provides a method to meet a legacy goal using risk pooling and tax advantages that is distinct from preserving investment assets for this purpose. This can allow the retiree to potent...
by slowbutsteady
Thu Jul 16, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

Re: [Wade Pfau]: More effective estate planning with SPIA+WL?

I sincerely appreciate the thoughful discussions. I have a few questions/comments on the responses and will revert shortly. Incidentally, I see that Dr Pfau will be our next guest on the BH on investing podcast (thanks for the heads-up, Angie). https://www.bogleheads.org/forum/viewtopic.php?f=10&...
by slowbutsteady
Thu Jul 16, 2020 11:43 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau will be my next Bogleheads podcast guest
Replies: 42
Views: 3963

Re: Dr. Wade Phau will be my next Bogleheads podcast guest

Very timely as I was ruminating over the implications of his paper about Anuity+WL on our estate planning outlook. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=320308 Questions for Dr Pfau 1. Can he be more specific on they types of people this strategy be suitable for? In order words, ...
by slowbutsteady
Wed Jul 15, 2020 6:52 pm
Forum: Investing - Theory, News & General
Topic: [Wade Pfau]: More effective estate planning with SPIA+WL?
Replies: 25
Views: 1973

[Wade Pfau]: More effective estate planning with SPIA+WL?

I searched and did not find this Wade Pfau's paper discussed so I'm posting with the hope of getting some pointed assessment on this paper/recommendation. I was intrigued by his reference of SPIA and Whole Life to "actuarial bonds" that could play useful roles in effective estate planning....
by slowbutsteady
Thu Jul 09, 2020 5:17 pm
Forum: Investing - Theory, News & General
Topic: "Are You Questioning Your Foreign Stock Funds?"
Replies: 55
Views: 6444

Re: "Are You Questioning Your Foreign Stock Funds?"

Nope. I live here, work here, own property here, and invest the majority of my money here. My foreign funds haven’t been growing much recently, but its a good hedge against future US specific issues that would affect the rest of my portfolio. Plus, the graph in this post in the recent thread about ...
by slowbutsteady
Thu Jul 02, 2020 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 564314

Re: Share your net worth progression

I'm with e5116. We are still below our December 2019 portfolio despite non-stop investing (even had some nice five figures dump into the market in March), and with unflinching 90/10 thought it all My guess is many of the big jumps may be from - small biz efforts - real estate value growth - massive ...
by slowbutsteady
Tue May 26, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: Robot vacuums
Replies: 30
Views: 2239

Re: Robot vacuums

if you have a house>1500sq feet then do ensure to buy a one with Mapping capability. I had bought eufy and it wasnt even able to finish 3 rooms in an hour. I returned and switched to roborock and since then its able to clean entire down stairs in 1 charge. Cleaning it has the same effort as emptyin...
by slowbutsteady
Tue May 26, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: Robot vacuums
Replies: 30
Views: 2239

Re: Robot vacuums

We used the a basic Roomba for 5 years and worked well. Dumb random movement but still did the work, primary the basement. Yes, you have to Roomba proof prior to cleaning as others have mentioned above. The pain is the periodic garbage disposal which could be every other tun depending the space dirt...
by slowbutsteady
Mon Apr 20, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7804

Re: Retirees: what are you doing with all the home equity?

This is exactly the predicament I am avoiding with my interest-only mortgage which I intend to roll over into perpetuity. I need to model this out in Excel but on the surface interest-only mortgages seem like a good deal. For the average person they are probably bad but if you approach it the right...
by slowbutsteady
Thu Apr 16, 2020 6:04 am
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7804

Re: Retirees: what are you doing with all the home equity?

This is exactly the predicament I am avoiding with my interest-only mortgage which I intend to roll over into perpetuity. I need to model this out in Excel but on the surface interest-only mortgages seem like a good deal. For the average person they are probably bad but if you approach it the right...
by slowbutsteady
Sat Apr 11, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 13442

Re: Executive pay cut request: How to respond?

Is this a fictitious post? A $1 million a year executive asking for advise on the internet? If judgement and decision-making is not your strength, why are they paying you so much money? In megacorps that salary is approaching C-suite. This is almost exactly what I was going to say. It only is a hig...
by slowbutsteady
Sat Apr 11, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2697

Re: How often do you login and review your investment accounts?

Varies with market situation and how busy I am with other aspects of life..

At least monthly to update my spreadsheet. But recently, it's been 3-4 times a week. Not to make any changes, but to have front row seat to the spectacle of carnage. Too easy as it's just one PC thumb click away.
by slowbutsteady
Sat Apr 11, 2020 3:15 pm
Forum: Personal Investments
Topic: More aggressive 529 with downturn?
Replies: 9
Views: 717

Re: More aggressive 529 with downturn?

Keeping the aggressive AA I had over the years. My kids range from 6 to 15. But for one with 80/20, the rest are 100/0.

I am aware of the risk of market decline about the time our first starts college in 3 year's time. It's a risk we are able and willing to take.
by slowbutsteady
Fri Apr 10, 2020 8:57 pm
Forum: Personal Investments
Topic: Boglehead has strayed. How to get back in the market?
Replies: 51
Views: 6060

Re: Boglehead has strayed. How to get back in the market?

If this were me, I would 1) decide on my updated and likely more conservative AA and 2) lumpsum back in - that's because the money has been in the marker before, more like a roll over of sorts If it this were new lump money I could consider DCAing back in and likey in equal bi-weekly sums over the n...
by slowbutsteady
Fri Apr 10, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: If you have a sizable portfolio, you don't need an emergency fund
Replies: 260
Views: 32802

Re: If you have a sizable portfolio, you don't need an emergency fund

We have a small emergency fund and looking to beef that up a bit. We don't consider our EF part of our portfolio, just as we don't look at residual accounts in checking as part of our portfolio. I'm considering keeping 2 months or so in cash/cash equivalents and investing the rest in bonds/equities....
by slowbutsteady
Thu Apr 09, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Has Your Asset Allocation Strategy Changed?
Replies: 73
Views: 3935

Re: Has Your Asset Allocation Strategy Changed?

No change. Why alter what I deliberately decided on and that's working as far as I'm concerned?

Staying the course. 90/10.
by slowbutsteady
Wed Apr 01, 2020 12:01 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6894

Re: What is your age/AA during this crisis?

47
married with kids
90/10 before
90/10 during (rebalanced)
90/10 after

Have some high yield in the 10.
by slowbutsteady
Sat Mar 07, 2020 5:49 pm
Forum: Investing - Theory, News & General
Topic: Where My 100% Equities Peeps At?!?
Replies: 211
Views: 21838

Re: Where My 100% Equities Peeps At?!?

47 years.
Started investing in 2006.

90/10 in 401ks.
90/10 in 529s
100/0 in IRAs.
100/0 in aftertax.

That's the way it is.
That's the way it will be, till IPS says otherwise.
by slowbutsteady
Wed Feb 26, 2020 7:27 am
Forum: Personal Investments
Topic: What did you learn from the 2/24 sell off?
Replies: 327
Views: 22778

Re: What did you learn from the 2/24 sell off?

I have learned (if I can call it that) that 90/10 is still the right AA for me. I agonized going down to 85/15 in 2018 as part of gradual age glide path (actually did for a week and reverted back to 90/10). My allocations have not changed: always been 25 S&P/30 Extended/35 International/10 Bonds...
by slowbutsteady
Sat Dec 21, 2019 4:24 pm
Forum: Personal Consumer Issues
Topic: Millionaire Teacher - Andrew Hallam
Replies: 70
Views: 11081

Re: Millionaire Teacher - Andrew Hallam

fortfun wrote: Wed Dec 18, 2019 11:17 pm Just got a copy and am really enjoying it. Anyone else read this book? Thoughts?

https://www.amazon.com/s?k=millionare+t ... _sb_noss_2
Read the book. Enjoyed it. Given many away as gifts.
by slowbutsteady
Wed Jun 05, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: Trip to Watertown, CT
Replies: 15
Views: 1494

Re: Trip to Watertown, CT

I live in CT but not familiar enough with Watertown (besides The Taft School) to suggest places to visit. You may post the question on the CT sub-forum on city-data website or comb through for possible recommendations as someone may have asked such questions already. Many CT cities are small, so you...
by slowbutsteady
Thu Apr 04, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Person to evaluate whole life policies
Replies: 6
Views: 704

Re: Person to evaluate whole life policies

mhalley wrote: Thu Apr 04, 2019 6:03 pm James Hunt is the one. https://evaluatelifeinsurance.org/
Clark Howard has recommended them on his show.
Yep, that's him. Used recently. Highly recommended.
by slowbutsteady
Wed Apr 03, 2019 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: At a crossroad - Expensive House or Private School Tuition? UPDATE
Replies: 75
Views: 6600

Re: At a crossroad - Expensive House or Private School Tuition?

Agree with some earlier posts that topics about kids education are complex, multi-layered, and subjective. Other non-financial items such as values, experiences, perceptions, and aspirations hold lots of weight. That said, we weighed similar options and went with your option 1. In our case, we had a...
by slowbutsteady
Sun Mar 31, 2019 4:43 pm
Forum: Personal Investments
Topic: Kitces/Pfau rising equity glide path for early retirees with NQDC
Replies: 15
Views: 2467

Re: Kitces/Pfau rising equity glide path for early retirees with NQDC

The type of non-qualified deferred compensation (NQDC) that I have is a private sector Section 409a "top hat" plan. I love the tax deferral, but there's no way I would hold bonds in it. The problem is, in the event of corporate insolvency, the plan is an unsecured creditor of the company....
by slowbutsteady
Fri Mar 22, 2019 1:17 pm
Forum: Personal Investments
Topic: 529 plan question: When did you change to more conservative AA?
Replies: 36
Views: 2512

Re: 529 plan question: When did you change to more conservative AA?

We have 529 for four kids, first will soon turn 14. Three accounts are at 100%, one at 80% equity (for slight hedge and performance bechmark only). Plan to keep that way for the foreseeable future. Will go to grandkids if growth exceeds needs; will cashflow if market tanks (we will be done with mort...
by slowbutsteady
Wed Jan 16, 2019 9:31 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63154

Re: John Bogle is dead at 89

Great life, great contribution, great loss. Your impact will continue to be felt decades to come.

Rest In Peace.
by slowbutsteady
Sun Oct 14, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 5230

Re: Does international really buy you diversification?

If international had recently outperformed domestic nobody would be asking this topic's question. Bogleheads are not immune to performance chasing behaviors. I'm having recollections to all the REIT discussions 'back in the day'. Or commodities. +1 Quite a surprise. Shows we are all human. Rational...
by slowbutsteady
Mon Sep 24, 2018 10:19 pm
Forum: Personal Investments
Topic: Looking for advice on whether to participate in Deferred Compensation Plan
Replies: 18
Views: 2424

Re: Looking for advice on whether to participate in Deferred Compensation Plan

In my experience, the biggest benefit from a DCP was the tax arbitrage. For example, I deferred compensation (salary and bonus) in 2013 when I would have paid 35% and 39.6% of income tax on that income. I am withdrawing those funds now in early retirement in the 12%, 22% and 24% brackets. The bigge...
by slowbutsteady
Wed Jul 11, 2018 8:01 pm
Forum: Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 10242

Re: What % of your equity is int’l?

38.89% of equities; 35% of portfolio

Been that way for years; staying the course.
by slowbutsteady
Fri Jan 19, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 11840

Re: Short Commute or Nicer House?

Decision isn't as black and white as some always make it sound. This is a lifestyle choice as much as anything else. While cities can provide more walk-able amenities they sometimes also have more crime and over time give some folks a feeling of being hemmed in (more dense neighborhoods, less green...
by slowbutsteady
Wed Jan 17, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 5331

Re: How to overcome the fear of spending money? (Buying a car)

How much of your net worth is the car? 1.4% of net worth Go ahead and buy it. It's a rounding error. Pay cash. Maybe these line of thinking may help - it's within range of portfolio noise on some days - money is meant to be spent (within reason) - you have saved up this much, enjoying some of the m...
by slowbutsteady
Mon Nov 13, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 2365

Re: At what rate of return would you keep a whole life policy?

In general, whole life policies are for suckers. They are sold by salesman trying to make commissions. Sorry. Quite unessessary. Departure from rational debate into name calling. Regarding the question around estimating the rate of return, this is an empirical question but the earlier dialogues rea...
by slowbutsteady
Sun Nov 12, 2017 11:18 pm
Forum: Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 5346

Re: What's your weighted average expense ratio?

0.11 (according to SigFig)

Highest ER in our portfolio is 0.54.
by slowbutsteady
Sun Nov 12, 2017 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 3729

Re: Getting a home mortgage without spouse?

If your wife is fine with it, I think it's fine to proceed. We did the same, but for a refinance. About 4 years ago, we refinanced to my name alone for best rates. My wife's name is on the deed - that part was very important to me (us).
by slowbutsteady
Sun Nov 05, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 37
Views: 5350

Re: Which heart rate monitor is the most accurate?

I use Garmin chest strap + Garmin Forerunner 225. Accuracy is all I care about as well...and for running only. Works great.
by slowbutsteady
Thu Nov 02, 2017 10:37 pm
Forum: Personal Investments
Topic: New 2 comma member
Replies: 28
Views: 3728

Re: New 2 comma member

Congratulations. Nice to see that your stash keeps working hard, even in retirement. Don't forget to celebrate.
:sharebeer
by slowbutsteady
Fri Oct 20, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 6869

Re: just hit the two comma club today...some thoughts

:sharebeer Congratulations!!...and thanks for sharing your story.
by slowbutsteady
Tue Oct 10, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 10210

Re: Has your "risk tolerance" been tested?

OP, thanks for this opportunity to reflect. I started investing in 2006 and got tested in the 2008/2009. Was 80/20 with low 6 figures invested. I just held my nose, turned my back to the bin, and kept dumping money in via automatic investments. I tuned-off as much financial news as I could, I think ...
by slowbutsteady
Fri Oct 06, 2017 3:33 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 6135

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in? That said, I will look also look at the S&P. Simple, easy, clean. I agree with your first sentence. Your second sentence is dead wrong. I would advocate for measu...
by slowbutsteady
Thu Oct 05, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 6135

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in? That said, I will look also look at the S&P. Simple, easy, clean. I agree with your first sentence. Your second sentence is dead wrong. I would advocate for measu...
by slowbutsteady
Thu Oct 05, 2017 10:53 pm
Forum: Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 15224

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations!!...and thanks for sharing your inspiring story. Not an easy road, but shows the power of a clear goal, determination, and persistence.

You have made your mom proud too.
by slowbutsteady
Tue Sep 26, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 6135

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in?

That said, I will look also look at the S&P. Simple, easy, clean.
by slowbutsteady
Tue Sep 26, 2017 12:48 pm
Forum: Personal Investments
Topic: New Deferred Compensation Plan question
Replies: 6
Views: 1275

Re: New Deferred Compensation Plan question

At 35, I would hesitate to participate. I started at 39 and in retrospect still looks early. If all goes well, it's a great opportunity to put a away a boat-load in tax defferals...up to 90% of annual comp and bonus. Congrats, now you are one who can't easily max out your "tax advantaged" ...