Search found 1348 matches

by wolf359
Fri Sep 21, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt
Replies: 39
Views: 2598

Re: Small cap tilt

I realize this is probably the millionth small cap discussion on this forum, but I just wanted to see how many of you Bogleheads have a tilt towards small cap, whether it be a small cap index or small cap value. As for me, I'm not sure I completely buy the evidence that there is a small cap "premiu...
by wolf359
Fri Sep 21, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: 23 with 130k cash to invest in index funds need help [Australia]
Replies: 4
Views: 337

Re: 23 with 130k cash to invest in index funds need help [Australia]

There is a Vanguard Australia, which offers index funds there. https://www.vanguardinvestments.com.au/ ... mepage.jsp

I am American, so I don't know much about investing options from Australia.
by wolf359
Fri Sep 21, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Im going to die somewhere between Bankruptcy and $20 million
Replies: 30
Views: 5374

Re: Im going to die somewhere between Bankruptcy and $20 million

Inputs.... Age: 33 Current Savings: 750k Annual Savings: 58k Retirement Withdrawal: 60k Retire at 55 50/50 Allocation I made Stocks and Bonds both be -3% returns relative to their historical returns, due to all sorts of opinions that long term returns are expected to be lower than historical return...
by wolf359
Thu Sep 20, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1596

Re: Whole Life vs Universal Life Insurance

My guess is that the insurance salesman looked at how much you could afford in payments, then pegged the amount he offered you based on that. Now you're comparing the cost of term insurance against the whole life/universal policies to achieve the same thing. You should analyze what your insurance re...
by wolf359
Thu Sep 20, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)
Replies: 32
Views: 1802

Re: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)

Our local animal shelter has designated it "Black Fur Day." All adoptions are free that day. Black Friday will be interesting this year. I'm curious what the impact of the tariffs will be. A lot of the loss leader products are Chinese (or at least non-US) in origin. The problem with Black Friday is ...
by wolf359
Thu Sep 20, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Would Stop Orders with ETFs protect against a downturn?
Replies: 21
Views: 1219

Re: Would Stop Orders with ETFs protect against a downturn?

Hi I am clearly not an experienced investor. I am looking for a way to get into the market, maximize potential growth and at the same time protect myself from possible/likely future downturns. I am liking the idea of ETFs as some seem to have good potential for growth, low fees and you can use Stop...
by wolf359
Thu Sep 20, 2018 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs investing?
Replies: 17
Views: 1502

Re: Paying off mortgage vs investing?

This is what I’m doing as well. Of course, the market could tank causing my sinking fund to yield less than the fixed rate of the mortgage but that’s a risk I’m willing to take to preserve liquidity If you're comparing the sinking fund to a 10-20 year timeframe that you would have just been pre-pay...
by wolf359
Thu Sep 20, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Why are there so few long-term investors?
Replies: 18
Views: 2684

Re: Why are there so few long-term investors?

Long-term is a long time. Around my office, "long-term" investing means holding the asset long enough to qualify for long-term capital gains. That's 1 year. 5 years is considered a "really long time." When I introduce the concept of a minimum holding period of 10 years or more, they think I'm crazy...
by wolf359
Thu Sep 20, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs investing?
Replies: 17
Views: 1502

Re: Paying off mortgage vs investing?

Pre-paying a mortgage pros: - Savings on interest payments. Reduces total cost of ownership for the house. - Frees up cash flow after the house is PAID OFF. - Feels really good psychologically. It is much more difficult to go bankrupt if you don't owe anybody any money. - A mortgage is like a bond w...
by wolf359
Thu Sep 20, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Are We Headed For A Passive Index Meltdown?
Replies: 52
Views: 6723

Re: Are We Headed For A Passive Index Meltdown?

Yes, it's true that we're all doomed if the market goes 100% passive. But it's also true that the market will never go 100% passive. The only real question is where the market share of active funds will settle. The key paragraph in that article for me was: Whether we’re dealing with causation or cor...
by wolf359
Wed Sep 19, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Convince a friend to go Boglehead
Replies: 17
Views: 976

Re: Convince a friend to go Boglehead

I have been trying to educate a good friend(25 yrs) for a few years on why managing his own money would be beneficial for him. I have given him Jack's book the little book of common sense investing but he is reluctant to read it saying he doesn't have time. He's too busy chasing tail and playing vi...
by wolf359
Tue Sep 18, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: How can I buy ALIBABA and TENCENT stock?
Replies: 29
Views: 2511

Re: How can I buy ALIBABA and TENCENT stock?

With net revenue increase of 200% last 3 years, I don't see any red flags NOT to invest in BABA at this time. Thoughts? Have you seen "The China Hustle?" It's a documentary that is on Netflix. The red flag is that its reported numbers can't easily be substantiated from the US. We're reliant on what...
by wolf359
Tue Sep 18, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2798
Views: 558966

Re: What's Your Credit Card Rewards Strategy?

I keep it simple. My strategy is to go for the 2% cash back for almost everything, and have it directly deposited to Fidelity so I capture and immediately invest the savings. Savings aren't savings if you immediately spend it. I use the Costco card for Costco purchases and gas. I use the Hilton when...
by wolf359
Tue Sep 18, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 493

Re: Employer/Plan Limit on 401K Contributions

I had this happen early in my career. It doesn't affect most people, because most people either don't contribute to the 401k, or don't contribute enough to hit that limit. When I asked HR, they told me that it had something to do with keeping me under some IRS limit on the total tax-sheltered benefi...
by wolf359
Tue Sep 18, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Negotiate Washington Post Subscription
Replies: 8
Views: 524

Re: Negotiate Washington Post Subscription

Their going rate is $129/year for 7 day a week delivery, if you're in the Washington Delivery area. Are you in the delivery area? If so, I'd suggest trying to sign up through their web site. If you're not in the delivery area, then just get the online service. I'm seeing that offer here: https://sub...
by wolf359
Mon Sep 17, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3768

Re: (No Savings) *Everything* in S&P 500?

Any tools or sheets that can help model out what buying say $2K/month of SPY into a taxable account might have looked like over some past time period? I’m just curious about what your ‘account balance’ would look like on any one particular day so I can put myself in those shoes and see how I might ...
by wolf359
Fri Sep 14, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to overcome regrets/fears?
Replies: 15
Views: 1428

Re: How to overcome regrets/fears?

My 401k already has high fees so I couldn't beat the S&P 500 the year before so I was thinking I could maybe do it by doing this move. The question you didn't ask was: "My 401k has high fees. What strategy should I follow?" The answer is: 1. Invest up to the company match. 2. Invest additional fund...
by wolf359
Tue Sep 11, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: One bond fund is enough?
Replies: 16
Views: 1682

Re: One bond fund is enough?

I am unconvinced of the need for international bonds. I stick with Total Bond Market.

In taxable, I use Intermediate-Term Tax-Exempt (muni bonds).
by wolf359
Tue Sep 11, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: Short Term Market Uncertainty - "Buy" Insurance?
Replies: 33
Views: 2011

Re: Short Term Market Uncertainty - "Buy" Insurance?

While the market is trading near its highs, it is the ideal time to batten down the hatches and make any adjustments to asset allocations or bond durations. I wouldn't rebalance every time we hit a high, but if you're feeling uncomfortable, your risk may be too high. Review your IPS for what you do ...
by wolf359
Tue Sep 11, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Timing entry into Fidelity Zero index funds
Replies: 10
Views: 1251

Re: Timing entry into Fidelity Zero index funds

I'm playing wait and see as well. But in the meantime, I am just continuing to invest in Vanguard Total Stock Market. I already have a Fidelity account, and am staying in the regular Fidelity Index fund. ZERO isn't a super high performing fund that you should be chomping at the bit to get into. The ...
by wolf359
Tue Sep 11, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 28
Views: 2287

Re: Medallion Signature guarantee?

Is a medallion signature guarantee required in all circumstances for your transactions with the account or only for stock share transfers? Is there an option to sell the stocks in the existing account, based on your authority regarding the estate and then for the proceeds to be payable to you on be...
by wolf359
Mon Sep 10, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: As a low-cost person...
Replies: 14
Views: 1251

Re: As a low-cost person...

Invest the excess cash in a taxable account. That's the core of your early retirement fund. Yes, there are ways to get money out of the retirement accounts, but your taxable account is accessible without any restrictions. In addition, the taxable account is your freedom fund. It can sustain you thro...
by wolf359
Mon Sep 10, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Simple Factor Investing
Replies: 46
Views: 4303

Re: Larry Swedroe: Simple Factor Investing

Options: 1. I can't give you specifics, because I'm currently not doing it, but I've been told that some Dimensional advisors will give you access to the funds for a low, perhaps fixed fee if you self-manage. Alternatively, see whether or not you need some planning work done, and perhaps you can wor...
by wolf359
Mon Sep 10, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9916

Re: Anyone else not save for cars?

Money is fungible. I have never saved specifically for a car. If I want to buy a car, I buy a car. The payment could come from my current liquid savings, from US Savings bonds sales, or from selling taxable account shares. As mentioned, car loans are cheap, so if you don't have the savings, take ou...
by wolf359
Mon Sep 10, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate IRA....
Replies: 4
Views: 241

Re: Real Estate IRA....

I had looked into using IRAs to invest in real estate in the past. My advice is don't do it, because it is too complicated and too easy to make an error. If you do something wrong, you lose the protected status of the IRA, at which point you have just made an early withdrawal, are subject to penalti...
by wolf359
Sun Sep 09, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Equities verses Annuities
Replies: 7
Views: 1055

Re: Equities verses Annuities

I just had a session with my guy at Schwab an he is trying to get me to go with the Thomas Partners. I cannot see much of a difference with their service verses what I'm doing now except their .80% cost to manage. For the amount of money that they're charging, and how much you have to manage, I wou...
by wolf359
Fri Sep 07, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Equities verses Annuities
Replies: 7
Views: 1055

Re: Equities verses Annuities

Hi, Harlan! Welcome to Bogleheads! You will get the best advice if you follow the following format for posting this question. https://www.bogleheads.org/wiki/Asking_portfolio_questions This will give us the correct information necessary to best assist you. On the face of it, someone retiring at age ...
by wolf359
Fri Sep 07, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Fee Wars Will Encourage Bad Behavior
Replies: 26
Views: 2618

Re: Mutual Fund Fee Wars Will Encourage Bad Behavior

This is a ridiculous argument. The fact that mutual fund expense ratios have dropped has nothing to do with sales charges. Fidelity was already selling funds that are no-load. They are competing with Vanguard and Schwab, who are selling no-load funds. The reduction in mutual fund expense ratios do n...
by wolf359
Fri Sep 07, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Good place to have a will done
Replies: 6
Views: 739

Re: Good place to have a will done

I guess a related question (and one that is a little more actionable) is: How would you go about finding a lawyer who does a will? How did you find your lawyer? Most of the people around me that I ask simply get it done through the military (which I don't have access to.) So the normal referral does...
by wolf359
Thu Sep 06, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 292
Views: 56106

Re: I'm Calling an Emerging Markets Bottom

After peaking in January, they've been on a steady decline all year. That is not a true statement. There were some nice 4% to 6% pops this year after January. That is, the decline has not been steady. Emerging markets is very volatile, so it fluctuates. By "steady decline" I meant that it has had a...
by wolf359
Thu Sep 06, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Stocks in a 401k is a bad idea, right?
Replies: 43
Views: 5530

Re: Stocks in a 401k is a bad idea, right?

I'd rather put stocks in a 401k which has high expenses, because they're more likely to overcome the costs than bonds. The growth will never overcome the costs, because the costs are a percentage of the value of the account. The faster the growth of the investment, the faster the growth of the fees...
by wolf359
Thu Sep 06, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 292
Views: 56106

Re: I'm Calling an Emerging Markets Bottom

News articles are starting to be posted about the sorry state of emerging markets again! https://money.cnn.com/2018/09/05/investing/stocks-emerging-markets-argentina-turkey/index.html Are we getting near another bottom? After peaking in January, they've been on a steady decline all year. Disclosure:...
by wolf359
Wed Sep 05, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Stocks in a 401k is a bad idea, right?
Replies: 43
Views: 5530

Re: Stocks in a 401k is a bad idea, right?

1. I don't get to choose which 401k plan providers we use. My employer (or spouse's employer) does. The fact that administrative fees are 1% and/or I have high ER funds means that I want to pick something that returns well enough to make up for these expenses. If bond funds return 3% and I'm paying...
by wolf359
Wed Sep 05, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18127

Re: How to Retire in Your 30's with $1 Million in the Bank

I wonder if many of these folks understand the power of compounding? Of course, they are throwing away their peak earning years. That might be worth the trade off for free time. But the ones who are retiring and planning to live off a 3-4% withdrawal rate until death are squandering a huge advantag...
by wolf359
Tue Sep 04, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18127

Re: How to Retire in Your 30's with $1 Million in the Bank

But an annualized cash flow of $25k-$30k, at a point when market valuations seem to be relatively high, just seems like a needless risk to me. Here's an open secret among featured FIRE subjects: nobody actually lives on $25k-$30k cash flow or plans to live on it permanently. Many don't take any wit...
by wolf359
Tue Sep 04, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5715

Re: Selling a car to CarMax

I've sold cars to CarMax over the years. Random comments and observations about my experiences: They don't haggle. You do better selling to CarMax than selling to a dealer. You do better selling it yourself than selling it to CarMax. Their prices are generally at or slightly better than Kelly Blue B...
by wolf359
Tue Sep 04, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: Stocks in a 401k is a bad idea, right?
Replies: 43
Views: 5530

Re: Stocks in a 401k is a bad idea, right?

Because, all else equal, in the 401k I'm paying income tax rates on my gains (when I withdraw) vs capital gains and QDI tax rates if held in a taxable account. Seems like 401k holdings should be 100% bonds/alternatives as a rule due to this equities disadvantage. What am I missing? 1. I don't get t...
by wolf359
Fri Aug 31, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer US dollars to a country with 7% CD rates
Replies: 31
Views: 3098

Re: Transfer US dollars to a country with 7% CD rates

I remember this book called "Getting Rich Outside the Dollar." It was published in 1993, and pushed the concept of investing in CDs of countries with higher interest rates than the US. One of the safer bets it pushed was Mexico. Mexico had long had the peso pegged to the dollar, and reliably paid hi...
by wolf359
Thu Aug 30, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Which formula to use to calculate personal Savings Rate?
Replies: 9
Views: 979

Re: Which formula to use to calculate personal Savings Rate?

There are multiple ways to calculate the personal savings rate. Which one you select doesn't actually matter, as long as you're consistent. The main reason to calculate your savings rate is to measure it over time. (You're comparing yourself to yourself in the past.) In that case, just make sure you...
by wolf359
Wed Aug 29, 2018 8:44 am
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 4820

Re: Done saving for retirement according to firecalc?

Assuming I don’t save another penny, my portfolio today will allow me to spend 125k starting at 59 (which is roughly 15 yrs away and would allow access to retirement funds) according to firecalc. Success is nearly 100% when I include ss and small pension. Portfolio would be 60% stocks and 40% bonds...
by wolf359
Mon Aug 27, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Help with basement issues
Replies: 16
Views: 1516

Re: Help with basement issues

OK. Is a company like ServePro who I would want to come in and take a look? Or do I look for a general contractor? Is this something that can be put against my home owners insurance? We don't have flood insurance (nor was there a flood), but just tons and tons of rain--probably 8 inches or so withi...
by wolf359
Mon Aug 27, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6618

Re: How do you calculate net worth with pensions?

There's a reason why it's called "personal" finance. Everyone is going to define certain terms in their own way, according to their own needs and requirements. This will be an endless argument because everyone is coming from a different place. Why is OP calculating net worth in the first place? Just...
by wolf359
Tue Aug 21, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: How to protect against inflation?
Replies: 15
Views: 1182

Re: How to protect against inflation?

I've always wondered how to protect against inflation in the long term as well. I found this article that laid out most of the options. I actually first read it when it was written, about 2015-2016. The options are still good, although some of the context is dated (the Fed isn't keeping interest rat...
by wolf359
Fri Aug 17, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody Investing with 'Betterment'?
Replies: 31
Views: 4035

Re: Anybody Investing with 'Betterment'?

Supposedly it is difficult to get your money out of there, at least it was in the past according to some others who have posted on this forum. Past that, it seems like the most useful feature is probably the tax-loss harvesting, and you have to make a call on whether or not that's worth the fee the...
by wolf359
Fri Aug 17, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt - value vs. growth
Replies: 25
Views: 1827

Re: Small cap tilt - value vs. growth

So, what do you recommend on small value tilt? When someone is asking me what I recommend on small value tilt, I usually recommend staying with the Boglehead 3-Fund portfolio and not tilting. That strategy will reliably get you market returns, and is tough enough to stick with over the long term. T...
by wolf359
Fri Aug 17, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt - value vs. growth
Replies: 25
Views: 1827

Re: Small cap tilt - value vs. growth

Why do the tilters favor value over growth? Seems like growth has done better recently. (I am not a tilter nor considering tilting, just curious.) The terms "small cap value" and "small cap growth" sound very clinical and mask some of the emotions that are involved in actually selecting some of the...
by wolf359
Thu Aug 16, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5708

Re: Fidelity 401(k) millionaires hits record high

Or, take a cue from Mr. Romney - you might as well overshoot this target by 100x times over! He's 71 now, so those RMDs should be kicking in now. :D I wonder what strategy he is using to avoid paying taxes on the RMDs. Given the effort he has put into tax minimization strategies he must have a real...
by wolf359
Thu Aug 16, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5708

Re: Fidelity 401(k) millionaires hits record high

I am quite surprised at how relatively few Fido 401 (k) millionaires there are. I wonder how Vanguard or TIAA figures compare. It took us til this year to reach that number with Fidelity, partly because I was stupid enough to bail during the 2008 market meltdown. If I hadn't done that, we'd have re...
by wolf359
Thu Aug 16, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Aggressive asset allocation
Replies: 8
Views: 1270

Re: Aggressive asset allocation

Some thoughts: 30 years (from mid 30's to mid 60's) is a long time. Although Plan A (2 government jobs with pensions) sounds solid, make sure you have a Plan B. What if you don't end up working for the government forever? What if one of you has health issues, or politics intervenes? By politics I me...
by wolf359
Thu Aug 16, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 8070

Re: Retire in Florida or Alabama?

Seawalls are obviously just one form of technology, you just listed a few others that are also effective and that can also be implemented incrementally. Well none of it is free. Expect taxes to go up. And if the OP's parents are retiring for the beaches, they will not protected with pumps. Agreed, ...