Search found 3264 matches

by RadAudit
Fri Apr 19, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 151
Views: 12637

Re: In Laws Retirement Nest Egg

we would never let anything happen to them, but personally I am not comfortable spending our hard earned money to keep them afloat if they were to run out of money, especially if they are not working themselves. ... I'm intrigued with this and other OP's posts how he has become aware how some of hi...
by RadAudit
Thu Apr 18, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4372

Re: When did you start spending more and saving less?

While I am spending more now than before I retired, I'm still saving some. Seems every year someone /something shows up who / that requires / will require more and bigger chunks out of the portfolio. A sister-in-law needs money. Both kids need / may need more money. The grandkids may need money for ...
by RadAudit
Wed Apr 17, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: "Putting a Value on Your Value"
Replies: 7
Views: 695

Re: "Putting a Value on Your Value"

any thoughts? Is 3% overvaluing / undervaluing an advisor? It depends. For those who are long time residents of the DIY crowd, the value added by an adviser may not be all that much wrt portfolio allocations, asset placement, behavioral coaching, etc. For those without a clue, the value could be hi...
by RadAudit
Wed Apr 17, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Do you pick up after renting a vacation rental?
Replies: 51
Views: 3372

Re: Do you pick up after renting a vacation rental?

But my current rental is costing me $175 for cleaning a small already clean place. We've been renting at the beach for over 30+ years. I'm sure they charge us for cleaning - they just don't itemize it in the bill. And yes, the rental / check-out policy includes instructions on what to do with the d...
by RadAudit
Wed Apr 17, 2019 9:21 am
Forum: Personal Investments
Topic: Does Vanguard Offer Automatic Rebalancing
Replies: 13
Views: 1574

Re: Does Vanguard Offer Autmatic Rebalancing

my wife, who maintains her finances separately, is planning on allocating her entire rollover IRA to a Target Date fund simply to avoid the hassle of keeping track (her words). I am hoping to find her a way to simply set a 3-fund portfolio with an automatic rebalancing. In addition to target date f...
by RadAudit
Tue Apr 16, 2019 8:21 am
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 441
Views: 35019

Re: Mr. Money Mustache, SWR, and equity allocation

If you think a successful retirement is constant travel and bragging about it on social media is the ultimate, well you'll need a lesson in reality. +1 Only recently started traveling / cruising in retirement. (I'm 72) I'm beginning to see that it's a lot of hassle to get there and once you are the...
by RadAudit
Mon Apr 15, 2019 3:47 pm
Forum: Personal Investments
Topic: Investing for older relative
Replies: 6
Views: 722

Re: Investing for older relative

newseahorse wrote:
Sun Apr 14, 2019 9:05 pm
I am trying to bogleify a 70 year old relative's investments.
Has she asked you for your help? And, why?
by RadAudit
Mon Apr 15, 2019 3:30 pm
Forum: Personal Investments
Topic: Living Trust, how did you structure distributions.
Replies: 15
Views: 1217

Re: Living Trust, how did you structure distributions.

The kids are now in their 30s and I hope they'll be at least a little older when the trust distributes the assets - maybe 15 to 20 years older. Most of the assets are in mutual funds and could be distributed via beneficiary designation after our deaths. However, we chose a trust to hold and distribu...
by RadAudit
Mon Apr 15, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite fixed income for retirement?
Replies: 45
Views: 5207

Re: What is your one favorite fixed income for retirement?

Bronco Billy wrote:
Mon Apr 15, 2019 1:29 pm
have a couple of annuities, CD and cash in the MM. With you're help i would like to see what other options people are using once they do retire.
SS, pensions and the VG Total Bond Fund are the majority of my fixed income - so, I guess they are my favorites.
by RadAudit
Mon Apr 15, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 13
Views: 1378

Re: Job choice: higher pay or more interesting work?

Doohop65 wrote:
Mon Apr 15, 2019 10:42 am
Life is too short not to take advantage of opportunities to be happy when they make financial sense. If you can still meet your goals I would take the leap.
+1

Past a certain level, more money does not result in proportionate increases in happiness.
by RadAudit
Mon Apr 15, 2019 8:07 am
Forum: Personal Investments
Topic: Increasing Risk in Retirement
Replies: 26
Views: 2113

Re: Increasing Risk in Retirement

Does it make sense in early retirement to minimize risk in the first several years ... I've observed - probably incorrectly - that as long as people have money, they'll have opinions on how they should spend it and maybe how you should spend yours. But, since you asked, I sort of side with the idea...
by RadAudit
Sun Apr 14, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2481
Views: 1552269

Re: The Three-Fund Portfolio

Don't worry about getting the exact best allocation. No one knows except with hindsight. Close is good enough. Thank you. I'll try to remember every time I get wrapped around the axle worrying about a 5% difference in my current AA as I chase the discussions about a proposed Total World vs. legacy ...
by RadAudit
Sat Apr 13, 2019 4:39 pm
Forum: Personal Investments
Topic: Mid 40s Investing Advice
Replies: 4
Views: 1153

Re: Mid 40s Investing Advice

Given every analyst is predicting recession, do i need to convert all my accounts to Bonds at this time? Welcome to the forum. No. If they really knew for sure, they wouldn't be telling us. The truth is you've got a long way to go (40 years?) before you need to be totally out of stocks and maybe no...
by RadAudit
Sat Apr 13, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 62
Views: 64431

Re: Post your Investment Policy Statement IPS here

It would be interesting to see if anyone who has created an Investment Policy Statement has followed their statement over time. I don't know how interesting it is; but, in reviewing my records, the IPS has remained essentially unchanged over at least five years - although there were minor tweaks al...
by RadAudit
Fri Apr 12, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Investment Strategy In An Uncertain World
Replies: 21
Views: 2684

Re: Larry Swedroe: Investment Strategy In An Uncertain World

Random Walker wrote:
Fri Apr 12, 2019 4:48 pm
I think the conclusions from the article are different from what you stated.
Thanks for the correction. I'll go back and look at it again.
by RadAudit
Fri Apr 12, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: Diversification across factors // recommended books & resources
Replies: 4
Views: 264

Re: Diversification across factors // recommended books & resources

fsh71 wrote:
Fri Apr 12, 2019 4:05 pm
is there a compelling reason NOT to diversify across factors?
Could be. IIRC, in Mr. Swedroe's book on factor investing, he noted the need to hold a factor based portfolio for a considerable period of time. So that may be a concern - if memory serves and you are older.
by RadAudit
Fri Apr 12, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 62
Views: 64431

Re: Post your Investment Policy Statement IPS here

I was wondering if some people could post thier IPS statements here, if they have them in a handy format, OK. FWIW ( Just noticed OP posted the original request in 2010. Hope he wasn't waiting for the latest inputs. ] Target Allocation: VTSAX – Total (Domestic) Stock Market ~ 60% of the category VG...
by RadAudit
Fri Apr 12, 2019 3:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Investment Strategy In An Uncertain World
Replies: 21
Views: 2684

Re: Larry Swedroe: Investment Strategy In An Uncertain World

If I read it correctly, Mr. Swedroe suggests a small cap value stock fund and an intermediate term investment grade bond fund portfolio. Should of read this and acted on it thirty years ago. IIRC, Mr. Swedroe also suggested that sometimes this type of factor investing takes sometime to even out. Loo...
by RadAudit
Thu Apr 11, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: Active vs Passive Fund management
Replies: 18
Views: 1328

Re: Active vs Passive Fund management

Any education for me is much-appreciated! OK. This - http://www.indexwealth.ca/TheArithmeticofActiveManagement-WilliamSharpe.pdf To repeat: Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to ...
by RadAudit
Tue Apr 09, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17332

Re: Bogleheads, why wont anyone hire me?

after 4 years of applying to over 200 jobs along the east coast, I am part of a statistic that is working a job that didnt require a degree. Keep fighting. There is a whole lot of the US that isn't on the east coast. PS: There are a select few that think they have careers; the rest of us just had a...
by RadAudit
Tue Apr 09, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Indigent Parent Support Laws
Replies: 5
Views: 1073

Re: Indigent Parent Support Laws

NotWhoYouThink wrote:
Tue Apr 09, 2019 2:53 pm

Exactly. How else will you be able to force your kids to open up the bank accounts and support you?
Excellent point! I was just hoping for a spot in their back yard to pitch a pup tent; but, this thread has opened up other possibilities.
by RadAudit
Tue Apr 09, 2019 11:23 am
Forum: Personal Investments
Topic: Top 10 Index Funds to Build a Retirement On?
Replies: 3
Views: 878

Re: Top 10 Index Funds to Build a Retirement On?

The three funds I suggest are: 1) Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) ER 0.04%; 2) Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) ER 0.11%; and 3) Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) 0.05%. +1 Own the entire stock market (hays...
by RadAudit
Tue Apr 09, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 17838

Re: Wife hates new job...wants to quit after 1 day

In chaos, there is opportunity - sometime.
by RadAudit
Tue Apr 09, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Taxes (itemize or not?)
Replies: 16
Views: 1177

Re: Taxes (itemize or not?)

CrazyCatLady wrote:
Mon Apr 08, 2019 7:33 pm
taxes make me paranoid
Old saying - Just because you're paranoid doesn't mean that they aren't out to get you.

Best of luck.
by RadAudit
Mon Apr 08, 2019 4:31 pm
Forum: Personal Investments
Topic: Minutiae is in the eye of the beholder-Help, something's in my eye!
Replies: 29
Views: 2051

Re: Minutiae is in the eye of the beholder-Help, something's in my eye!

Can you and your DW meet your joint / combined goals with the portfolios and contributions as they stand now? Or, at an absolute minimum, can they meet those goals for as long as you are alive? REdAudit, A valid point. In retrospect, our goals will be met as the accounts stand now. Thank you for yo...
by RadAudit
Mon Apr 08, 2019 2:02 pm
Forum: Personal Investments
Topic: Minutiae is in the eye of the beholder-Help, something's in my eye!
Replies: 29
Views: 2051

Re: Minutiae is in the eye of the beholder-Help, something's in my eye!

Can you and your DW meet your joint / combined goals with the portfolios and contributions as they stand now?

Or, at an absolute minimum, can they meet those goals for as long as you are alive?
by RadAudit
Mon Apr 08, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Did I read this correctly? SS and your AA
Replies: 36
Views: 4001

Re: Did I read this correctly? SS and your AA

You read the article correctly. Not sure on the math. I tend to look at as Expenses - Income (includes SS) = Gap. The gap has to be covered by a portfolio with an AA that meets your willingness, ability and need to take risks to cover the gap (shortfall). And that AA could vary a lot depending on as...
by RadAudit
Sun Apr 07, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Should I regularly replace the water filter in the fridge?
Replies: 50
Views: 3934

Re: Should I regularly replace the water filter in the fridge?

IIRC, the manufacturer's recommendation is to replace the water filter in our fridge every 200 gals or so - not that I measure it. The fridge has a warning light that acts as a reminder.
by RadAudit
Fri Apr 05, 2019 5:27 pm
Forum: Personal Investments
Topic: For those with most retirement savings in tax deferred accounts
Replies: 18
Views: 2994

Re: For those with most retirement savings in tax deferred accounts

.the recommended withdraw rate is 3 to 4% but when taking RMD that rate continues to increase to well over 4%. This is probably a silly question but is the 4% rule a constant 4%? The 3 to 4% withdrawal is not constant. It's 3 or 4% + inflation for the second year. And then add inflation to that num...
by RadAudit
Thu Apr 04, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4638

Re: What is Financial Independence (FI) in the simplest terms?

Others feel that they absolutely need that 30 day luxury cruise to Tahiti.
Some folks have come dangerously close to going from preaching to meddling. :wink: Well, maybe not Tahiti; but, ...
by RadAudit
Wed Apr 03, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Life advice or: How I learned to stop worrying and love the Bogle
Replies: 29
Views: 2990

Re: Life advice or: How I learned to stop worrying and love the Bogle

aLoveSupreme wrote:
Wed Apr 03, 2019 4:34 pm
Feeling extremely unprepared.
Very few first time parents are ever truly prepared. Somehow the species has survived.

Best of luck.
by RadAudit
Wed Apr 03, 2019 12:26 pm
Forum: Personal Investments
Topic: Time to spend! Need advice!
Replies: 11
Views: 1711

Re: Time to spend! Need advice!

we want to choose a withdrawal plan that we can live with. If this ‘extra’ income winds up unspent in the money market, I guess that’s OK too as we can always donate more. OK, since you've read the wiki. SWR of 4% + inflation / yr would be an decent place to start and should be OK for 30 yrs.(Lot o...
by RadAudit
Wed Apr 03, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Retirement Income Analysis by Bill Sharpe - FREE
Replies: 11
Views: 1948

Re: Retirement Income Analysis by Bill Sharpe - FREE

OP, thanks for posting the links to the articles. My guess is that many Bogleheads know ... practically nothing about the subjects in his second paragraph. It's always humbling - for me - to find out what I don't know about this stuff and then to wonder how I managed to get as far along as I have kn...
by RadAudit
Tue Apr 02, 2019 7:23 pm
Forum: Investing - Theory, News & General
Topic: Retirement Income Analysis by Bill Sharpe - FREE
Replies: 11
Views: 1948

Re: Retirement Income Analysis by Bill Sharpe - FREE

It is out of my league, Mine, too. However, Chap 7 has a little bit longer explanation on The Arithmetic of Active Management than in the original paper. Nice review. Edit - And the discussion concerning the market portfolio, how to implement it and how to rebalance it - in the same chapter - ought...
by RadAudit
Tue Apr 02, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: IF we enter a financial crisis in the future, how are you going to adjust?
Replies: 57
Views: 3618

Re: IF we enter a financial crisis in the future, how are you going to adjust?

TheTimeLord wrote:
Tue Apr 02, 2019 8:56 am
We have constructed our portfolio to handle a prolonged 50% downturn in the Stock Market without impacting our lifestyle.
+1.

Edit - For some on the board, that may be a little too much in bonds considering other income streams; but, they aren't me.
by RadAudit
Mon Apr 01, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Should I shut off water in a vacant home in winter?
Replies: 22
Views: 10907

Re: Should I shut off water in a vacant home in winter?

If you shut off the water and drain the system, would the seals on various bathroom / kitchen fixtures dry out?
by RadAudit
Mon Apr 01, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 257
Views: 20968

Re: "The best and worst U.S. states for retirement"

Doesn't Florida get freak hurricanes every few years? No thanks.
If it happens every few years, it is not a freak occurrence.
by RadAudit
Sun Mar 31, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's 500 Fund Investor Class (VFINX) Closed To New Investors
Replies: 13
Views: 1410

Re: Vanguard's 500 Fund Investor Class (VFINX) Closed To New Investors

Does anyone have any information regarding why they are closing off the investor shares? Information? No. Just a guess; but, could be one of those quirky things that happen because of price competition in the industry. VG had to lower prices or people would leave. So, they lowered the amount of mon...
by RadAudit
Sun Mar 31, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 12390

Re: Folks in their 60s and above. What early investment on health do you recommend.

What specific long term investments in health or healthy habits have worked out for you? Avoid smoking. Avoid drinking to excess. What bad habits or unhealthy investments in health do you regret the most? Gained too much weight. Any advise you would give to your 30 or 40 year old self that you now ...
by RadAudit
Sun Mar 31, 2019 8:14 am
Forum: Personal Investments
Topic: Asset Allocation
Replies: 3
Views: 411

Re: Asset Allocation

Any suggestions on how to split up this money First, welcome to the forum. Second, +1 with Flyer24 - definitely. Third, general stuff since I don't know what your plans are. Consider your investments in total when you are determining an asset allocation for your portfolio. So, you have $255 k to al...
by RadAudit
Fri Mar 29, 2019 6:09 pm
Forum: Non-US Investing
Topic: Can Low income ppl become millionaire? [Hong Kong]
Replies: 38
Views: 2538

Re: Can Low income ppl become millionaire? [Hong Kong]

Welcome to the forum.

The goal is not a certain dollar figure; it is "enough." And you'll probably get to "enough" before you get to $1 million. Either way, it's a win.

Best of luck.
by RadAudit
Fri Mar 29, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

What has worked (even in part) for men reading this in helping women in their lives? I'm 72, DW is 68. If you find out, please let me know! DW's line is always "you've taken care of the big money. [Big in comparison to what I don't know.] …" And truth be told she is frugal and detail oriented, and ...
by RadAudit
Fri Mar 29, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 13964

Re: How often do you check your net worth?

Net worth? Hardly ever. Can't get a good current figure on the value of the house.
by RadAudit
Thu Mar 28, 2019 9:49 am
Forum: Personal Investments
Topic: 73 years old re-balancing account
Replies: 9
Views: 900

Re: 73 years old re-balancing account

My 2019 RMD is $16,000 and should be withdrawn from my IRA account (from what fund?) on Dec 20/2019 I'm 72 by the end of the week. I would have said take the RMD from the bond side of the portfolio and then rebalance; but, you only have 3 years' withdrawals in bonds. (I have a few more than that in...
by RadAudit
Wed Mar 27, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 9505

Re: How will you spend your retirement money?

Fuzzy plan is to continue living conservatively, but comfortably, in same house with landscapers and someone to plow/shovel for me and vacation for weeks at a time in warmer climate during the winter and spend lots of time with family and doing what I want to do. Low stress. Lots of exercise. Help ...
by RadAudit
Wed Mar 27, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: OK to give adult offspring job but not unearned salary?
Replies: 9
Views: 1367

Re: OK to give adult offspring job but not unearned salary?

BH investing is scalable. Some advise may be, also. I can comfortably afford to gift all my adult kids monthly stipends at a similar level. I have started doing so over the past year. Most BHs, including myself, get uneasy with such gifting. … I am much more nervous about lump sum 7-figure gifts as ...
by RadAudit
Wed Mar 27, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 83
Views: 11133

Re: African Safari: Worth it or Hype?

Uganda - Mountain gorillas trekking well worth it. Once in a life time opportunity For the not so athletically inclined, a comic / talk show host has a recent video out with a bit on her trek uphill through knee deep mud to see mountain gorillas. Might be worth looking at before you sign up for a t...
by RadAudit
Tue Mar 26, 2019 10:41 am
Forum: Personal Investments
Topic: Baby Boglehead - Investing after "winning the game"
Replies: 42
Views: 6380

Re: Baby Boglehead - Investing after "winning the game"

If you have “won the game”, what does your fixed-income component look like? (bonds? CDs? Treasuries, other) What is your AA? Don't know if I've won the game; but, I'm almost 72 so I sure hope so. Anyway, the portfolio looks amazingly similar to a classic four fund portfolio. It's 49 / 49 / 2 - sto...
by RadAudit
Sun Mar 24, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching: What to do with monthly leftover?
Replies: 31
Views: 1586

Re: Liability Matching: What to do with monthly leftover?

At the moment I don't have an ultimate goal for these funds, sort of the problem, but I want to invest them responsibly for when I do I'll assume you know how to invest responsibly. Given all the calculations, assumptions (life span, bucket item costs, etc.) and unknowns - I'd just keep doing what ...
by RadAudit
Sun Mar 24, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Liability Matching: What to do with monthly leftover?
Replies: 31
Views: 1586

Re: Liability Matching: What to do with monthly leftover?

I am just trying to figure out the best way to reinvest it since not needing it to fund my retirement at the planned level gives me a great deal of flexibility as to how I invest it and a higher ability to take risk. Interesting question. A troubling question, too - since I've been taking your advi...