Search found 3791 matches

by RadAudit
Fri May 29, 2020 6:33 am
Forum: Personal Investments
Topic: Vanguard Digital Advisor review
Replies: 1
Views: 303

Re: Vanguard Digital Advisor review

please share your thoughts. I've looked at the digital advisor service. I don't qualify to use it. Too far in to retirement. But it's a good place to start - as far as I can see - if you are young, just starting out and need an advisor. Back in the pre-digital advisor days, the general suggestion w...
by RadAudit
Thu May 28, 2020 8:59 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 12105

Re: S&P500 vs World Performance

I remember when I needed a camshaft after a catastrophic failure :dollar in my Rossa Corsa Italian sports car, the dealer said he couldn't get one because Italy shuts down for basically one month in the summer and nothing gets done. Old TV ad. Italian mechanic at a foreign car repair shop - "Four m...
by RadAudit
Thu May 28, 2020 6:42 am
Forum: Personal Investments
Topic: If not 3 fund, whats your strategy ?
Replies: 66
Views: 4037

Re: If not 3 fund, whats your strategy ?

What's your strategy been and what are your gains or lessons learned over your investing timeframe? My strategy is basically (1) I recognized, after about 20 years, that I wasn't really any good at this stuff. And, I wasn't ever going to get good at it either. So, (2) I "adopted" a Vanguard four fu...
by RadAudit
Tue May 26, 2020 2:52 pm
Forum: Personal Investments
Topic: I want to break free .... from Raymond James
Replies: 14
Views: 850

Re: I want to break free .... from Raymond James

TCB2020 wrote:
Tue May 26, 2020 2:16 pm
How should I rebalance?
Well, for starters, I'd sell the RJ 19 fund special in the most tax efficient manner and transfer the money to a fund family with a low cost, broad based, index fund and invest the proceeds there. A Vanguard target retirement fund or LifeStrategy fund, or similar.
by RadAudit
Tue May 26, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 236
Views: 11656

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

I remember a few years back there was a group of articles about how if you didn't get your kid into the right pre-school you couldn't get him on the track of appropriate private schools for eventual acceptance to Harvard. And, if you didn't get him in to Harvard, he was just doomed. Doomed! Just ano...
by RadAudit
Sun May 24, 2020 11:12 am
Forum: Personal Consumer Issues
Topic: Should we drop our Long Term Care Insurance?
Replies: 15
Views: 1219

Re: Should we drop our Long Term Care Insurance?

Usually answers to these types of questions depend on your financial situation. Please use this format to modify your post. viewtopic.php?f=1&t=6212
by RadAudit
Sun May 24, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 12105

Re: S&P500 vs World Performance

Actually, I like Rick Ferri's explanation. If you want to know why international has underperformed in the past decade, just do a comparison of funds on the Vanguard website using VTSAX and VTIAX. The reason will be clear when you get to industries. International stock indices have heavier weighting...
by RadAudit
Sat May 23, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 121
Views: 12150

Re: Approaching 40, worried about financial future

I am about to turn 40 in a year or so. Recently I have become ever more worried about my/our future. I earn about $83,000. My retirement accounts are about $111,000. I am for 67/33 stock and bond approach. We are a family of 5 (3 kids). My partner does not work. First things first - anyone who look...
by RadAudit
Sat May 23, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 2880

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

Yet I am still left wondering which is the better way to go? I get it, everyone has a different reason for going with their choice. I'm trying to decide which seems to be the better way, primarily for safety... and also, for ease of use / manipulation / tracking. etc I'm 73. I'm still wondering whi...
by RadAudit
Fri May 22, 2020 6:02 pm
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7163

Re: Has anyone ever used their Emergency Fund?

I'm 73 and retired. Yes. I have an emergency fund. It's in a money market account. And, I use it.
by RadAudit
Fri May 22, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 7013

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

In the last couple of days there's been a Twitter exchange between Taleb and Asness covered in the media. Taleb seems to have thrashed Asness (and in tweets this morning Fama and MPT too). So does this put into question the Bogleheads philosphy of risk management? What specifically did this twitter...
by RadAudit
Thu May 21, 2020 10:28 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11471

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

maxInfo wrote:
Wed May 20, 2020 11:32 pm
based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. His arguments made a lot of sense
Apparently, Tepper's current (former?) job is to make his calls sound like they make a lot of sense. He's probably very good at it.
by RadAudit
Thu May 21, 2020 6:23 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11471

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

I went all cash in my retirement plans (401a,403b,457b) based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. ... Granted that the market portfolio continues to offer the greatest reward per unit of risk, you could argue that the going "reward" just ...
by RadAudit
Tue May 19, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Investing is like a birthday cake
Replies: 6
Views: 960

Re: Investing is like a birthday cake

Nice article. Hope he's right.
by RadAudit
Tue May 19, 2020 6:13 am
Forum: Personal Investments
Topic: Seeking Advice on Allocation of Elderly Relative's Investment Portfolio
Replies: 5
Views: 464

Re: Seeking Advice on Allocation of Elderly Relative's Investment Portfolio

Have you considered Vanguard Target Retirement Income Fund (VTINX)? IIRC, it's 30 / 70.

How you get there is out of my league.
by RadAudit
Mon May 18, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: How did you set up your trust distributions?
Replies: 39
Views: 2511

Re: How did you set up your trust distributions?

I know this probably doesn't fit any of your current concerns; but, since you asked ... After the first child married, we set up a trust - primarily because we didn't like her choice in a spouse - to distribute the estate after our demise equally among our children and after that equally along blood...
by RadAudit
Mon May 18, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: Beach Vacation Suggestions
Replies: 31
Views: 2400

Re: Beach Vacation Suggestions

Wherever you go, I'd suggest you look at how far along the state is, which phase, in its reopening process. States that haven't progressed so far will probably be a lot less fun than those that are farther along*. Of course, that choice involves some risk. How much of a risk to which age groups in y...
by RadAudit
Sun May 17, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4299

Re: How did you feel after giving notice to retire?

There was a saying around our company - a minor cog in the wheel of a megacorp - that if you want to know how long you'll be missed around here put your finger in a cup of coffee and see how long the hole will last when you pull your finger out. Most of the ambivalence you feel about leaving resides...
by RadAudit
Sat May 16, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of buying a boat during pandemic – am I CRAZY?
Replies: 80
Views: 5339

Re: Thinking of buying a boat during pandemic – am I CRAZY?

Helo80 wrote:
Sat May 16, 2020 5:33 pm
The other option is to join a boat club and if you find yourself using it constantly, then go buy a boat for yourself.
How much time do you spend on boats now? One observation - rent your fantasizes.
by RadAudit
Thu May 14, 2020 6:34 pm
Forum: Personal Investments
Topic: **AMAZED** Just venting
Replies: 16
Views: 2421

Re: **AMAZED** Just venting

If you want advice, post your info in this format viewtopic.php?f=1&t=6212

Might want to edit the heading on the post.
by RadAudit
Wed May 13, 2020 4:37 pm
Forum: Personal Investments
Topic: Request Portfolio Feedback Please-Considering Managing Myself vs Advisor
Replies: 2
Views: 253

Re: Request Portfolio Feedback Please-Considering Managing Myself vs Advisor

1. $11,800 in advisor fees for ~ $1mil? That's a tad too steep in my book. I'd (and do) self manage. 2. If I wanted a 50 / 50 portfolio and wanted to avoid the hassle of rebalancing, I'd own two LifeStrategy Funds. One 60 / 40 (Moderate) and the other (Conservative) 40 / 60 and split the $1 mil equa...
by RadAudit
Wed May 13, 2020 6:22 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63134

Re: So bottom is probably behind us....right?

Well, since we are guessing - I doubt if we've seen the bottom of this market. Primarily, because we haven't seen how the shutdown effected profits into the second quarter and we haven't seen how quickly profits will recover when the economy is finally opened back up. You don't need hard facts to g...
by RadAudit
Tue May 12, 2020 6:31 pm
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 375
Views: 47698

Re: Anyone tired of the stock market going up?

TheTimeLord wrote:
Tue Apr 28, 2020 8:04 am
For different reasons than I originally posted this thread I think it might be appropriate again.
Oh, drat. It's headed back up again.

May be. If it does, what shall we do? Probably just buy, hold and rebalance iaw the IPS.
by RadAudit
Tue May 12, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5554

Re: At what moment does retirement begin?

I sort of already feel retired. I'm still working the same job I have had for 20 years. Decently high up and well compensated. But about 9 months, I "mentally quit". So I still go to work, do what I'm supposed to do, but I don't have the level of caring or desire that I would like to have. In a ver...
by RadAudit
Tue May 12, 2020 6:30 am
Forum: Investing - Theory, News & General
Topic: Adjust Asset Allocation when 90 or older?
Replies: 21
Views: 1426

Re: Adjust Asset Allocation when 90 or older?

Non-boglehead heirs may not know right away whether to invest in stock market, may not know whom to turn to for advice, etc. I came to a conclusion that this is something you don't need to be concerned about. Most inheritances are gone in two to three generations no matter what you do. If it is tru...
by RadAudit
Mon May 11, 2020 5:15 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63134

Re: So bottom is probably behind us....right?

Well, since we are guessing - I doubt if we've seen the bottom of this market. Primarily, because we haven't seen how the shutdown effected profits into the second quarter and we haven't seen how quickly profits will recover when the economy is finally opened back up.
by RadAudit
Mon May 11, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Adjust Asset Allocation when 90 or older?
Replies: 21
Views: 1426

Re: Adjust Asset Allocation in last decade of life?

Well, I'm not too sure exactly how I'm going to determine when my last decade of life is going to begin. Instead I chose an AA that met my need ... to accept the risk of investing in stocks and allowed me to meet my goals - leaving DW enough for the duration. On a personal note, I figured that was a...
by RadAudit
Mon May 11, 2020 8:00 am
Forum: Personal Finance (Not Investing)
Topic: What age do you use for retirement end date?
Replies: 68
Views: 4101

Re: What age do you use for retirement end date?

I think I'll be going fairly quickly - seizures from time to time (but waking up in new and different ERs is always interesting. Waking up is fun, too.). The number I try to figure out is how long DW will live. But, then there are complicating factors. The kids, the grandkids, etc. Right now both se...
by RadAudit
Fri May 08, 2020 6:28 am
Forum: Personal Investments
Topic: Life Strategy Funds — what happens when I need cash?
Replies: 20
Views: 1906

Re: Life Strategy Funds — what happens when I need cash?

I guess my question is if I kept bonds and stock separately I could sell bonds not lock in a loss. I could then if needEd start to buy stock at a lower price and then rebalance later. Realquadrant, I'm glad you figured it out; because I doubt if I could've help resolve the question. But, since you ...
by RadAudit
Thu May 07, 2020 8:49 am
Forum: Personal Investments
Topic: Getting a balanced portfolio
Replies: 5
Views: 284

Re: Getting a balanced portfolio

I'm not really concerned by downturns at this time so I am definitely fine with 80/20. 60/40 in 401k was my idea just for 401k to help catch my entire portfolio up to 80/20 since I have no bonds at all currently. Well, if you are happy with a 80/20 portfolio at the age of about 40, I guess your app...
by RadAudit
Thu May 07, 2020 8:16 am
Forum: Personal Investments
Topic: Getting a balanced portfolio
Replies: 5
Views: 284

Re: Getting a balanced portfolio

How long do you figure it'll take you to get to your desired AA using your approach?
by RadAudit
Wed May 06, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Target Date Question
Replies: 6
Views: 435

Re: Target Date Question

ruud wrote:
Wed May 06, 2020 2:47 pm
Eventually the fund will be merged into Target Retirement Income, but given that Target Retirement 2015 is still available, it'll be a while.
About 7 years, IIRC.
by RadAudit
Wed May 06, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: Why do investors care when the market goes down?
Replies: 47
Views: 1760

Re: Why do investors care when the market goes down?

tvubpwcisla wrote:
Wed May 06, 2020 8:22 am
Why do investors care so much when the market goes down?
Well, every once and awhile, you really do need part of that $X of millions you lost during the downturn.


PS: I know sounds like a personal problem, failure to plan on your part doesn't create an emergency on my part, etc. ...
by RadAudit
Mon May 04, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: "The Black Swan: The Impact of the Highly Improbable"
Replies: 7
Views: 891

Re: "The Black Swan: The Impact of the Highly Improbable"

Mr. Taleb's advice seems to be adequate enough while we're standing on the shore arguing over what color the bird is.
by RadAudit
Sun May 03, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: Share your Re-Balancing Strategy
Replies: 25
Views: 1681

Re: Share your Re-Balancing Strategy

I’m hoping to learn from the wise folks on this forum. I've been excluded from answering due to your selection criteria; however, since you asked, I've been rebalancing iaw my IPS directives of a four fund portfolio, a 50 / 50 AA, and either a once a year rebalancing or whenever the AA exceeded a 5...
by RadAudit
Sun May 03, 2020 6:06 am
Forum: Investing - Theory, News & General
Topic: What experts say about "Stay-the-Course"
Replies: 32
Views: 12774

Re: What experts say about "Stay-the-Course"

TNOA wrote:
Sun May 03, 2020 5:26 am
What is EF?
Usually, EF is Emergency Fund. How much money is in the EF varies by individual, of course. Sometimes it is six month's living expenses. Sometimes more.
by RadAudit
Sat May 02, 2020 5:43 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40861

Re: Why international?

If I were to guess, 100% US will outperform if things continue the way they have. dru808: In 2017, among the countries of the world, the U.S. stock market return ranked 33.[/u] Don't "guess." Act as if you don't know -- because you don't. No one can accurately forecast future returns in the US or e...
by RadAudit
Fri May 01, 2020 9:57 am
Forum: Personal Finance (Not Investing)
Topic: MBA Worth It?
Replies: 88
Views: 5846

Re: MBA Worth It?

Does anyone have an MBA and if so, do you regret it?
As much as I value a good night's sleep, if I had known that my MBA would come with the next 50 years' of anxiety dreams, I'd have thought twice about getting one.

PS - I did pick up a few things that helped along the way during my career.
by RadAudit
Thu Apr 30, 2020 12:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will be moving their mail operations to El Paso in the future
Replies: 21
Views: 2741

Re: Vanguard will be moving their mail operations to El Paso in the future

My wife .... will not use a computer, and therefore will be communicating by mail and telephone when I will not be able to communicate, they wanted to let her know about this future change. (She has conversed with Vanguard on how to handle things then and that's another story.) Hoping that time is ...
by RadAudit
Thu Apr 30, 2020 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Free Online MBA Worth It?
Replies: 22
Views: 1472

Re: Free Online MBA Worth It?

My concern with it being online is that it won't carry the prestige of major in person programs or the networking benefit. You're probably correct on both points. (If you're looking for prestige, it drops off quick after the top 15 schools.) OTOH, you may learn something that could prove useful at ...
by RadAudit
Wed Apr 29, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri: "You have to stick with that plan for the rest of your life."
Replies: 61
Views: 8679

Re: Rick Ferri: "You have to stick with that plan for the rest of your life."

GaryA505 wrote:
Wed Apr 29, 2020 1:10 pm
I'm not interested in something that might outperform a cap-weighted fund in 50 years or so. Probably because I'll BE DEAD IN 50 YEARS! :annoyed
That's not a discussion I'd wish to continue in to the after life. :wink:
by RadAudit
Tue Apr 28, 2020 8:53 am
Forum: Personal Investments
Topic: Do Vanguard and Trust Accounts Mix Well?
Replies: 11
Views: 826

Re: Do Vanguard and Trust Accounts Mix Well?

But if you lose cognitive abilities or are in a coma or are just plain tired of monitoring your investments, your co-trustee or successor trustee can step in and act in your place. Easy peasy! Thanks for the info. Not in a coma, yet; (Food comas don't count) but, it's nice to know the successor tru...
by RadAudit
Tue Apr 28, 2020 5:53 am
Forum: Investing - Theory, News & General
Topic: Anyone wish they would have invested more during recent downturn?
Replies: 110
Views: 9285

Re: Anyone wish they would have invested more during recent downturn?

Nope. It would just of been something else to worry about. I went to LifeStrategy funds in January. I guess they are buying and selling daily on the way down and up.
by RadAudit
Mon Apr 27, 2020 7:35 am
Forum: Investing - Theory, News & General
Topic: Did we just go in and out of a recession?
Replies: 25
Views: 3231

Re: Did we just go in and out of a recession?

manatee2005 wrote:
Sun Apr 26, 2020 10:25 pm
Crushtheturtle wrote:
Sun Apr 26, 2020 9:47 pm
who cares buy stocks
Next week’s earnings will be interesting.
I'm looking forward to July where we get the 2nd quarter's earning reports.
by RadAudit
Sun Apr 26, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6976

Re: Go or no go on Carnival cruise

In my opinion, CCL has proven itself to be a corporate bad actor and cannot be trusted to implement those safeguards needed to minimize the risk to its passengers, crew and those who work and live at the various ports of call. Probably all good reasons for avoiding CCL. Carnival corporate owns 9 cr...
by RadAudit
Sun Apr 26, 2020 6:53 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6976

Re: Go or no go on Carnival cruise

Food for thought as you decide: Out of 2,592 total documented COVID-19 cases on cruise ships, Carnival Corp. was responsible for 1,740 of those cases. Of those 2,592 COVID-19 cases, 1,394 cases were passengers (the remainder were crew). Carnival Corp. was responsible for 1,158 of them. There were 6...
by RadAudit
Thu Apr 23, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio Predicts
Replies: 28
Views: 3519

Re: Ray Dalio Predicts

A few months ago nearly everybody was predicting lower returns going forward - many lower than 3-5% real. What was he predicting then? If he was predicting 3-5% then, and we now how a much lower baseline, if you believe in his predictions, we should now see relatively higher returns. Well, if you a...
by RadAudit
Thu Apr 23, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: Who has changed FROM the 3 Fund Portfolio?
Replies: 28
Views: 2167

Re: Who has changed FROM the 3 Fund Portfolio?

Earlier this year I switched from essentially a three (or four) fund portfolio to a two fund portfolio when DW reaffirmed her total disinterest in rebalancing the portfolio after my demise. (May go to a one fund portfolio later on when I resolve the question is 60/40 better than 40/60 in my situatio...
by RadAudit
Wed Apr 22, 2020 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity - Responsibility to track down beneficiaries on death]
Replies: 71
Views: 4206

Re: Surprised that there is no esponsibility to track down beneficiaries on death

Note to executors, potential beneficiaries will show up at the wake if you serve snacks and drinks.
by RadAudit
Wed Apr 22, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Flip from 60/40 to 40/60
Replies: 42
Views: 3558

Re: Flip from 60/40 to 40/60

glenmalan wrote:
Wed Apr 22, 2020 1:12 pm
wondering if I'm missing something. I'd really appreciate any thoughts from any of you on this.
Don't know. Volatility? My DW is willing to exchange higher returns and higher volatility for lower returns and less volatility.