Search found 99 matches

by wwhan
Tue Sep 25, 2018 1:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 332
Views: 48181

Re: Roll Call for the Retirement Class of 2018!

Put my R-date as January 15, 2018, since that is my first day of not working at a job. My Social Security statement says my first SS tax year (1970), I only made $42.00. I am not taking SS until I hit the limit at 70 years of age, at which time my income will jump up a lot with the SS + 401K +IRA di...
by wwhan
Tue Sep 25, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 296
Views: 254400

Re: A time to EVALUATE your jitters

Well, if one has the right stock allocation for the ability to sleep at night, one should not have jitters.

At 45% to 50% stock allocation, I look at a big selloff, as an opportunity to buy.
by wwhan
Wed Sep 19, 2018 5:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 332
Views: 48181

Re: Roll Call for the Retirement Class of 2018!

Retired at age 64.

Now, everyday is Saturday.

I used to look forward to the weekend, now I look forward to the weekday when everything is open and less crowded.
by wwhan
Mon Apr 23, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2342
Views: 1471155

Re: The Three-Fund Portfolio

Yes, so true about four phases and in the end simple is good.
by wwhan
Sun Apr 22, 2018 6:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 99
Views: 32297

Re: San Jose, CA Area Bogleheads Chapter

Taylor Larimore posted this quote from Rick Ferri, which I think is pretty good (been there done that). It reminds me of some the discussions during the last meeting on April 19th. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005&sid=b64491ee09eca3fcb62fe8712e29b0a9&start=2100#p3893260 "...
by wwhan
Thu Jan 01, 2015 3:41 pm
Forum: Investing - Theory, News & General
Topic: 2014 BOGLEHEAD CONTEST WINNER
Replies: 23
Views: 3359

Re: 2014 BOGLEHEAD CONTEST WINNER

It is amazing that over 100 boglehead guesses are within 50 points of the final result. At rank number 46, I am surprised, my guess of 2042 was so close.
by wwhan
Mon Apr 14, 2014 8:27 pm
Forum: Investing - Theory, News & General
Topic: IBD's interview John Bogle [Investor's Business Daily]
Replies: 24
Views: 2572

Re: IBD's interview John Bogle [Investor's Business Daily]

If one ignores the political stuff, the WSJ has a lot of interesting articles, not just investing articles. The WSJ is actually cheaper than our local daily paper.
by wwhan
Sun Mar 09, 2014 4:25 pm
Forum: Investing - Theory, News & General
Topic: Poll: Are you going to retire? And if so, when?
Replies: 49
Views: 6318

Re: Poll: Are you going to retire? And if so, when?

I Plan to retire at 65, if;

1.) My health is fine.
2.) My employer will let me work that long.

Hunting for a job, when over 60, is often difficult in corporate america.

Many large companies want younger, cheaper employees, with maximum energy.
by wwhan
Sat Feb 22, 2014 5:26 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on California Municipal Bond Funds
Replies: 32
Views: 5447

Re: Thoughts on California Municipal Bond Funds

The top tax rate in California is higher than 9.3%; http://www.tax-brackets.org/californiataxtable The rate is much better if one is not single. 2014 California Income Tax Table Tax Bracket (Single) Marginal Tax Rate $0+ 1.00% $7,582+ 2.00% $17,976+ 4.00% $28,371+ 6.00% $39,384+ 8.00% $49,774+ 9.30%...
by wwhan
Mon Feb 03, 2014 11:30 am
Forum: Investing - Theory, News & General
Topic: What is your targeted annual retirement income in today's $
Replies: 50
Views: 7681

Re: What is your targeted annual retirement income in today'

So do people really think they can get 4% a year income every year, in this environment. I was estimating 2% a year.
by wwhan
Wed Jan 08, 2014 1:07 am
Forum: Investing - Theory, News & General
Topic: Do you invest in a taxable account?
Replies: 111
Views: 16665

Re: Do you invest in a taxable account?

Yes, In addition to maxing out 401K & non-deductable IRA, taxable in CDs, Bonds, Total index market
by wwhan
Sat Jan 04, 2014 8:18 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2014 BOGLEHEAD CONTEST
Replies: 537
Views: 31277

Re: REGISTRATION FOR THE 2014 BOGLEHEAD CONTEST

For 2014 S/P 500, guess is: 2042
by wwhan
Wed Nov 06, 2013 2:10 am
Forum: Investing - Theory, News & General
Topic: Share Certificate 3 year PenFed 2.02% apy
Replies: 61
Views: 8118

Re: Share Certificate 3 year PenFed 2.02% apy

Yeah, the new Relationship plan at Stanford Federal Credit Union is a bit of a pain & yes I did need to adjust/adapt to reach the new requirements. The SFCU Relationship plan requirements are pretty new & have only been in place for only a few months. All Credit Unions have fine print. To buy CDs at...
by wwhan
Tue Nov 05, 2013 12:33 pm
Forum: Investing - Theory, News & General
Topic: Share Certificate 3 year PenFed 2.02% apy
Replies: 61
Views: 8118

Re: PenFed 3-7 year CDs at 2.02%

Stanford Federal Credit union has a 5 year CD at 2.2% ; https://www.sfcu.org/rates/certificates
by wwhan
Tue Aug 06, 2013 9:58 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 14292

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

Interesting notes about expected near & medium term SP 500 volatility from Minyanville. http://www.minyanville.com/business-news/markets/articles/The-S2526P-500-Is-Plagued-With/8/6/2013/id/51170?camp=syndication&medium=portals&from=yahoo&refresh=1 (click view as one page) No real predictions other t...
by wwhan
Sun Aug 04, 2013 5:27 pm
Forum: Investing - Theory, News & General
Topic: can someone explain this proposal of tax free bonds
Replies: 6
Views: 791

Re: can someone explain this proposal of tax free bonds

You are buying a 30 year bond with an optional call at par (100) provision starting in 2022. The bond seller gets the $1 difference between the $101 that you pay and the $100 will be returned at maturity - assuming no default of the bond. You get 5% per year in interest on the 100 par value, until m...
by wwhan
Sun Jul 07, 2013 6:09 pm
Forum: Investing - Theory, News & General
Topic: Investing in individual bonds vs. bond funds
Replies: 21
Views: 2284

Re: Investing in individual bonds vs. bond funds

Some individual bond disadvantages; 1.) Lack of diversfification, unless a large number of bonds are held in the portfolio (more than 50 different bonds?). 2.) Risk of default (choose only high grade and GO bonds). 3.) To get the advantage, one needs to hold the bonds to maturity (which might mean 1...
by wwhan
Tue May 28, 2013 11:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard muni bond fund VCADX
Replies: 7
Views: 1338

Re: Vanguard muni bond fund VCADX

If you go national Muni, CA will take a 9-10% cut of the income.
by wwhan
Tue Apr 30, 2013 1:27 am
Forum: Investing - Theory, News & General
Topic: buying bonds, why sometimes buying smaller can be better
Replies: 30
Views: 3581

Re: buying bonds, why sometimes buying smaller can be better

Yes, if the deal seems to good to be true, well..... it just might be.

Getting a proper balance of risk & reward requires care.
by wwhan
Mon Apr 29, 2013 8:25 pm
Forum: Investing - Theory, News & General
Topic: buying bonds, why sometimes buying smaller can be better
Replies: 30
Views: 3581

Re: buying bonds, why sometimes buying smaller can be better

Who do you trust for bond ratings? Another reason for diversification, but I would think that statistics and probably would suggest, the more bonds one has, the more likely to have a bad bond? S & P has caught a little heat over their bond ratings, now the SEC is going after a Calif. city. SEC says ...
by wwhan
Sun Apr 28, 2013 4:07 pm
Forum: Investing - Theory, News & General
Topic: Can You Ace FINRA's Financial Literacy Quiz?
Replies: 111
Views: 9386

Re: Can You Ace FINRA's Financial Literacy Quiz?

93.3%, missed # 7, but it is a matter perspective. I think question number 7 is faulty & over simplified. Yes, riskier investments can have higher returns, but they also can incur higher losses, which one occurs depends on whether you are lucky and the specific time frame. I chose Don't know/Not sur...
by wwhan
Sat Apr 27, 2013 4:49 pm
Forum: Investing - Theory, News & General
Topic: Death knell of Coffeehouse Investor
Replies: 30
Views: 6050

Re: Death knell of Coffeehouse Investor

It is a lousy time to be sitting debt free with new cash for taxable investment. When I was in debt, the interest rates were much, much higher. One could put taxable money in new 5yr CD accounts at Credit Unions. A few CUs have 5yr CDs at 2%, (https://www.sfcu.org/rates/certificates) or stuff more i...
by wwhan
Mon Jan 21, 2013 12:11 pm
Forum: Investing - Theory, News & General
Topic: Update: The Incredible Shrinking Market
Replies: 87
Views: 11440

Re: Update: The Incredible Shrinking Market

It is very difficult to run a a public company with long term planning requirements, when the goal becomes only the profit and growth for the next quarter or 12 months.
by wwhan
Mon Jan 14, 2013 11:13 pm
Forum: Investing - Theory, News & General
Topic: Where to find 4% munis?
Replies: 9
Views: 1637

Re: Where to find 4% munis?

Well, one can get 4% for an "A" quality 20 year Muni bond, which does not seem like a good idea. There is a graph of the current yields on the Vanguard bond page https://personal.vanguard.com/us/funds/bonds/bondyields.
by wwhan
Sat Jan 05, 2013 2:30 pm
Forum: Investing - Theory, News & General
Topic: what are your 401k's admin expenses?
Replies: 28
Views: 6880

Re: what are your 401k's admin expenses?

Work at big company, 401k plan is $100/year flat administration fee. Most of the Index funds have expense ratio of less than 0.03% & a couple are around 0.1% expense ratio (all no load). The small companies are the ones with the horrible 401K fees & choices. I have seen numbers for some small compna...
by wwhan
Sat Nov 24, 2012 3:11 pm
Forum: Investing - Theory, News & General
Topic: Do you have money in taxable? What percent?
Replies: 74
Views: 7145

Re: Do you have money in taxable? What percent?

I keep tax deferred maxed out, but still have 71% of my investment in taxable accounts, because I started late. Munis help a lot. I save anything
not required for living expenses.
by wwhan
Sun Oct 07, 2012 4:36 pm
Forum: Investing - Theory, News & General
Topic: More stocks or riskier bonds
Replies: 18
Views: 2254

Re: More stocks or riskier bonds

This is one of those special times for both stocks and bond prices I would chose a balanced investment, more bonds (intermediate) and more stocks, according to my asset allocation. Current price of entry is high for stocks and bonds. Bond fund NAVs are at the high end, back to 1990 for both GNMA & T...
by wwhan
Sun Jul 22, 2012 6:20 pm
Forum: Investing - Theory, News & General
Topic: Bonds are getting stupid everywhere
Replies: 27
Views: 4614

Re: Bonds are getting stupid everywhere

Looking at the total bond market (VBMFX) from 1990 on, it looks like the Grand tetons. http://finance.yahoo.com/echarts?s=VBMFX+Interactive#symbol=vbmfx;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; For total bond market, 5% drop happens q...
by wwhan
Fri Jul 13, 2012 11:37 am
Forum: Investing - Theory, News & General
Topic: 3rd California city in 2 weeks files for bankruptcy
Replies: 60
Views: 6314

Re: 3rd California city in 2 weeks files for bankruptcy

One can buy Stockton CA school district 10 year maturity GO Muni bond at a price 99.998, with 4.3% coupon and 4.296 % yield (rated: Moody=baa2, S&P=A). Price seems high for a bankrupt city. The 9 year muni bond has a price of 100.25 and yield 3.913 %. This is from the Vanguard Bond desk. There must ...
by wwhan
Sun May 27, 2012 9:03 pm
Forum: Investing - Theory, News & General
Topic: Housing costs
Replies: 29
Views: 2187

Re: Housing costs

Well, if you live in the cheaper section of Silicon Valley, one might find a house for $500k, but not in a good school district. Further north, in the nicer areas with decent schools, one can find an old 1400 sqft house (50+ years that needs work) for about $1.4M or about $2M for a 2200 sq ft house....
by wwhan
Thu Apr 05, 2012 1:40 am
Forum: Investing - Theory, News & General
Topic: I was on the phone with Mr. Bogle last night
Replies: 18
Views: 3722

Re: I was on the phone with Mr. Bogle last night

He probably right if all the funds are in a deferred account OR one is in a low tax bracket. It gets a little more complex, when most of one's saving are in a taxable account & one is in a high tax bracket. I agree though, simple is good & a balanced approach is good. Emotion gets in the way. There ...
by wwhan
Sat Dec 10, 2011 3:47 pm
Forum: Investing - Theory, News & General
Topic: Taylor's Tax Tips
Replies: 30
Views: 6460

Re: Taylor's Tax Tips

Many states tax capitol gains as ordinary income. California does this. The top Fed+CA tax rate for long term capitol gains is 25.3%, but one needs to have an income of $1M for that level. The next level down is 24.3%.

It depends on where one lives, one's specific situation.
by wwhan
Sun Oct 09, 2011 3:03 pm
Forum: Investing - Theory, News & General
Topic: A Look Inside of Fort Knox...
Replies: 34
Views: 6924

There are some uses for gold. Gold has been used in electronics for many decades. The physical characteristics of gold make it perfect to make tiny bond wires inside semiconductor packages. The electronics industry has been busy trying to eliminate gold for the manufacturing processes, since the 197...
by wwhan
Sun Jul 24, 2011 5:26 pm
Forum: Investing - Theory, News & General
Topic: Living in Silicon Valley
Replies: 42
Views: 5585

If you own the house free and clear, and the current taxes for your home are not too high (owned for a long time), then SV is a nice place to retire. This is especially true if one lives closer to the train system & near a nice downtown region. Prices vary a lot in Silicon Valley. Generally, the Eas...
by wwhan
Fri Mar 18, 2011 11:41 pm
Forum: Investing - Theory, News & General
Topic: How far can housing prices fall?
Replies: 64
Views: 10954

When are the prices going to finally drop in SF bay area, such as Menlo Park?

Seems like the prices never want to drop significantly?
by wwhan
Wed Feb 02, 2011 12:03 pm
Forum: Investing - Theory, News & General
Topic: Boomers with 250K considered "wealthy"!
Replies: 131
Views: 23396

A lot of people have more than one account. If this is based on 401Ks or IRA, it is very misleading. A lot of people have a lot more than their 401K or IRA in savings, by 4x or 5x. The 401k or IRA is limited by how much one can put into it each year. Some people have multiple IRAs, also.
by wwhan
Fri Sep 03, 2010 11:45 am
Forum: Investing - Theory, News & General
Topic: What car is the best value in a used mid size car?
Replies: 47
Views: 7126

The best value will be the car no one wants, but is reliable

Look for cars that are very uninteresting, not fun to drive, ugly and reliable, made by a company not considered a quality company. If you can find a reliable Hyundai, Kia, large Chevy or large Ford (since domestics have historically only put quality in the larger cars), it may meet your needs, chec...
by wwhan
Sat Jun 19, 2010 2:42 pm
Forum: Investing - Theory, News & General
Topic: Best Book on Bonds
Replies: 14
Views: 4397

Esme Faerber

Checkout;

All About Bonds and Bond Mutual Funds, by Esme Faerber

Easy read, covers a lot of stuff, well organized.
by wwhan
Wed Jun 09, 2010 11:01 am
Forum: Investing - Help with Personal Investments
Topic: How many of you would quit your jobs with $2MM @ 55 yrs old
Replies: 111
Views: 18531

If I suddenly had an extra $10M, I might retire

If I suddenly had an extra $10M, I might retire and do something else. At $10M, One could have $5M in treasury bonds, & $5M in the stock market and plenty of income, even at very low interest rates.
by wwhan
Wed Apr 21, 2010 10:18 pm
Forum: Investing - Theory, News & General
Topic: Poll: How many $ or % were contributed to your 401k in 2009?
Replies: 57
Views: 6732

For 2009 my 401k + IRA contribution was $41,420 total.
It included $6k nondeductable IRA, $22k Employee, $13.4k employer matching
by wwhan
Tue Apr 13, 2010 11:07 am
Forum: Investing - Theory, News & General
Topic: Taxes on dividends to rise sharply
Replies: 65
Views: 9515

It will definitely affect dual income professional married couples who are also located in California. For dual income married couples, the $380k is fairly approachable in high cost regions. Many executives in companies rely on stock dividends for income, due to lower taxes on dividends. This will r...
by wwhan
Sun Apr 04, 2010 1:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard sees more risk on short end of yield curve
Replies: 42
Views: 8623

There is some reserve cash sitting around and Vanguard Money Market is paying close to zero. If one is in the 39% marginal tax bracket, plus 10% state tax, there is not much that one can do. Getting only 50%-60 of the value on a 1year CD not too enticing. I think this is driving some of the short te...
by wwhan
Fri Feb 12, 2010 12:23 am
Forum: Investing - Theory, News & General
Topic: Bankruptcy Bloodbath May Hit Muni Owners
Replies: 11
Views: 3117

What about General Obligation Bonds

What about General Obligation Bonds. I thought GO bonds were the first to get paid. Revenue bonds on the other hand are not quite as "equal" to a GO in safety.
by wwhan
Tue Feb 02, 2010 11:40 pm
Forum: Investing - Theory, News & General
Topic: Convexity information on Vanguard bond funds
Replies: 7
Views: 2306

So you have explained why one does not see convexity listed for bond funds. One can figure it out for all the individual bonds at any moment, but then how does one consolidate the convexity for each bond for the whole fund? One could just put in an average of the convexity for the fund, but that wou...
by wwhan
Tue Feb 02, 2010 11:26 am
Forum: Investing - Theory, News & General
Topic: Convexity information on Vanguard bond funds
Replies: 7
Views: 2306

For a bond fund, it would seem that the underlying grade rating of the bonds and the difference between the average duration and average maturity should provide some correlation to convexitity. If the bonds are called early, then the interest rate going up would have less effect. Also, if the bonds ...
by wwhan
Tue Feb 02, 2010 1:56 am
Forum: Investing - Theory, News & General
Topic: Convexity information on Vanguard bond funds
Replies: 7
Views: 2306

There is an interesting bond calculator here;

http://www.ftlabs.com/WebFISC/home.jsf

It seems to calculate convexity and duration from the other bond info, like call date coupon, price, dates.

Don
by wwhan
Mon Feb 01, 2010 10:38 pm
Forum: Investing - Theory, News & General
Topic: Convexity information on Vanguard bond funds
Replies: 7
Views: 2306

Vanguard Bond desk search shows the convexity info on individual bonds, before you buy them. Just click on the bond for the info and then the calculator (in the lower left corner of the calculator). The AA to AAA rated 1-10 yr GO Munis are typically 0.1 to 0.2 convexity.

Don
by wwhan
Tue Apr 07, 2009 11:13 am
Forum: Investing - Theory, News & General
Topic: Bond funds risky now?
Replies: 20
Views: 4029

CDs are taxable, but Munis have significant tax advantage. Buying AAA rated GO Muni bonds held to maturity should be pretty good, as long as the underlying rating is decent, not just the insured rating is decent. One needs to be diversified and careful about what bonds to buy. The bond fund, expecte...
by wwhan
Wed Apr 23, 2008 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard has new look/features!
Replies: 31
Views: 9343

But unfortunately, it slows down the loading of the web pages. It is not fast to respond. They need to upgrade their server and connection, if they are going to add these "features". I have Cable modem and the new pages are still slow.

Don