Search found 2789 matches

by RadAudit
Thu Apr 26, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 38
Views: 2288

Re: How to be a good executor to family

So this got me thinking about how to handle two issues I might soon have. Mom died a few months and Dad is not well. I will get right to my questions: 2) My brother and I both have keys. I am concerned he might let him self in and take what he wants, (don't ask, lets just say there is a real chance...
by RadAudit
Wed Apr 25, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market
Replies: 24
Views: 3134

Re: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market

Even in the S&P 500, there are stocks that are cheaper and will probably outperform the index in the long run.
Can't agree more that some stocks in the S&P 500 will outperform the S&P 500 average - unless they've repealed some of the laws of mathematics. The question of course is which ones.
by RadAudit
Sun Apr 22, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 8441

Re: Boglehead Philosophy Open To Change?

My personal thoughts? It's actually very nice that you would ask, I appreciate that. So anyway, on a risk adjusted basis, I think stocks are way overvalued. Still, I think the most likely outcome over the next 30 years is that stocks stocks will outperform bonds by 1% - 2% real per year. But that's...
by RadAudit
Sun Apr 22, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 8441

Re: Boglehead Philosophy Open To Change?

I think you are very astute to note the "assumption that markets will always rise." What I think does not come through is how HUGE that assumption is. To me, anyway, it dwarfs the rest of the BH philosophy. Yet, it receives little more than lip service here. When someone brings it up, it is more of...
by RadAudit
Sun Apr 22, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: I am 62 year old with no bonds now. Need advice please.
Replies: 13
Views: 2205

Re: I am 62 year old with no bonds now. Need advice please.

Look at VG's Total Bond Fund. It is routinely mentioned on the forum (and for good reason). Additionally, check out The Three Fund Portfolio, also recommended on The forum, for how / why bonds are used in the portfolio.
by RadAudit
Sat Apr 21, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: when to rebalance?
Replies: 12
Views: 975

Re: when to rebalance?

Well, 5% + / - off of AA targets is used by a number of folks as the place to start rebalancing for an AA close to yours. And, yes there is a body of thought about rebalancing. I'm just not sure there is a consensus. Of course, no one said how fast you have to rebalance. Can you rebalance with new c...
by RadAudit
Sat Apr 21, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3326

Re: Bill Bonner: what's your take?

Part of our paralyzing problem has been feeling like we couldn't make these decisions, Speaking as one of the dimmer bulbs on the tree, I can assure you that you are quite capable of making good decisions about investing.* There are a good number of folks on this forum who love to help folks with t...
by RadAudit
Fri Apr 20, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Chasing Returns A Hard Catch
Replies: 2
Views: 389

Re: Larry Swedroe: Chasing Returns A Hard Catch

Does that hint that a particular trading strategy can have benefits? Maybe a review can reap benefits by showing where the trading strategy flaws exist given the current environment. But I keyed off ... The authors illustrated how the probability that a talented manager’s performance will exceed th...
by RadAudit
Thu Apr 19, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3326

Re: Bill Bonner: what's your take?

Never heard of him. However, there is a non-zero probability that he might be right one day - probably the day after you go all in. I would suggest you spend some time and figure out an asset allocation that fits your need, ability and willingness to accept risk. Yes, a portfolio value will vary ove...
by RadAudit
Thu Apr 19, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 8051

Re: “The Smell of Retiree Mon$y...”

celia wrote:
Thu Apr 19, 2018 2:31 pm
What problem does it mitigate? It certainly won't stop the pestering for money... NOW! In fact it might even exacerbate it.
I would think the next time the solicitor shows up on the doorstep, they could point to the driveway and say "Being of sound mind, we spent it all."
by RadAudit
Thu Apr 19, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 8051

Re: “The Smell of Retiree Mon$y...”

SeeMoe wrote:
Thu Apr 19, 2018 12:33 pm
We were so upset that we did do as you suggested and I bought a red 2018 Mercedes , 385 hp , AMG GLE43 Sports coupe. Wife then did the same getting a white 2018 Mercedes GLE350 suv, and both are loaded too. So there!

SeeMoe..
That helps mitigate one problem!!
by RadAudit
Wed Apr 18, 2018 7:11 am
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 6573

Re: Your Money Or Your Life

I know it is just me, but I can't understand all those people living very parsimoniously, only to finance a long (and a lot less secure) even more parsimonious retirement. What I get from glancing at this forum is that a number of posts are concerned with how soon can I get to an amount of money th...
by RadAudit
Mon Apr 16, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 69
Views: 5246

Re: The World in 2050 — GDP & Stock Market Capitalization

I'm just hoping that VG keeps updating the total international stock and bond fund portfolios to track the indices. Then, I'll concern my self with the domestic / international allocations of stocks and bonds within my portfolio. I'm sure it will be high on the lists of concerns as I move forward to...
by RadAudit
Mon Apr 16, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: What to do about withdrawal this year if market doesn't go up?
Replies: 32
Views: 2883

Re: What to do about withdrawal this year if market doesn't go up?

getting used to it. Switching gears from the accumulation phase to retirement does take some getting use to. Watching money go out the door with not enough coming in to make the portfolio balances go up can be unnerving, at first. Check your asset allocation (AA) and your sustainable withdrawal rat...
by RadAudit
Mon Apr 16, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 3301

Re: What percentage of you 2017 income can you account for?

imo if your savings rate is really high and you know how much is spent on big ticket items (housing, vehicles, pets, medical, loan service), the rest just ends up being trivial, for us anyway. ~ +1 LBYM. Invest the rest and roll on. Of course, most of our big expenditures are in the past, I hope.
by RadAudit
Sun Apr 15, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2797

Re: "guaranteed" 6% return vs index fund investing

Personal opinion: Anything that offers a rate of return significantly greater than a government backed CD probably has some risk somewhere. You might want to keep that in mind.
by RadAudit
Sat Apr 14, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2619

Re: Aren't we betting a bit too heavily on US stocks and bonds?

but most of the simple portfolios I've come across recommend that at least 60-80% of our portfolio consists of US securities. Were the articles written for a US audience? If so, they may be shading their advice toward the hometown crowd's preferences. I'm from Europe and lately I've been thinking a...
by RadAudit
Thu Apr 12, 2018 4:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 10220

Re: Too much Bogleheads.org?

dodecahedron wrote:
Tue Apr 10, 2018 9:44 pm
"People always live for ever when there's an annuity to be paid them."
So, that's why so many folks on this site recommend annuities!!! :wink:
by RadAudit
Tue Apr 10, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5210

Re: Retirees: Who's increasing their equities as they age?

my point is that long periods of a rising stock market due tend to make one "think about increasing my equity side a little." I eventually decided not to. I was glad I didn't. Although I thought I'd been planning for the possibility of a 50% decline all along, when it actually happened the pain was...
by RadAudit
Sun Apr 08, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: !Please Advise on sensible housing for guy going through divorce!
Replies: 32
Views: 2654

Re: !Please Advise on sensible housing for guy going through divorce!

There is a law firm in our area of the country that specializes in representing men who are going through a divorce. You may wish to see if your area has one of those types of firms.
by RadAudit
Sun Apr 08, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3499

Re: Am I Crazy???

GoldenGoose wrote:
Sat Apr 07, 2018 10:59 am
Am I crazy?
I have a friend who deliberately withholds a large amount just so he can get a big return. I'm fairly sure he is not crazy. Not too good at math; but, not crazy.
by RadAudit
Sat Apr 07, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11427

Re: What is your AA, given your age? and, Why?

I'm 71 AA is 50 / 50, Stocks are split 60 / 40 domestic / international, Bonds are split 70 / 30 domestic / international. The sub-set allocation follows, roughly, the VG Retirement Income allocation as I recall. The overall allocation was arrived at over several decades as I found out over successi...
by RadAudit
Sat Apr 07, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 43
Views: 3421

Re: JAMA article's health implications for asset allocation

VictoriaF wrote:
Thu Apr 05, 2018 2:16 pm
The U.S. market has never lost 75%, but it could
I thought the US market (Dow) lost 90% over several years during the Depression. Could be wrong.
by RadAudit
Sat Apr 07, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13979

Re: Parents have zero savings. What can I do?

DanMahowny wrote:
Sat Apr 07, 2018 1:18 pm
livesoft wrote:
Sat Apr 07, 2018 12:23 pm
You can tell them:

Not my monkeys, not my circus.

Or buy them the T-shirt.
Agree 100%
May be not. Holiday dinners might become a real hoot.
by RadAudit
Sat Apr 07, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax "Audit Defense" worth it?
Replies: 9
Views: 1673

Re: TurboTax "Audit Defense" worth it?

In your case, it might be. Couldn't hurt.

For my returns, not so much.
by RadAudit
Fri Apr 06, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 3930

Re: Who uses the 3 fund portfolio ?

aaja wrote:
Thu Apr 05, 2018 11:32 pm
This makes me wonder whether the 3 fund portfolio is only for beginners
The simple answer is no.
by RadAudit
Wed Apr 04, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Speeches - Support the Forum?
Replies: 6
Views: 1080

Re: Jack Bogle Speeches - Support the Forum?

Some BH would just point out that most of that information is available for free on Mr. Bogle's website.
by RadAudit
Wed Apr 04, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 16574

Re: What can we learn from secret millionaires.

I can also tell you that one attribute of a secret millionaire is that they understand very well that a million dollars isn't a lot of money. Good point. (At a 4% SWR, $40k doesn't go but so far.) The corollary to that observation is that you can't tell that to anyone else because they'll look at y...
by RadAudit
Wed Apr 04, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: How Scalabale is the 3/4 Fund portfolio?
Replies: 38
Views: 2848

Re: How Scalabale is the 3/4 Fund portfolio?

bligh wrote:
Wed Apr 04, 2018 4:25 pm
Is there a point at which you believe that your portfolio is could be too big to be held solely in the 3 or 4 fund portfolio?
Not any point I'm likely to get to.
by RadAudit
Mon Apr 02, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing target date fund
Replies: 8
Views: 660

Re: Choosing target date fund

Welcome to the forum.

2045, assuming that you'll retire at 60.

That's the simple answer. Could be a lot more complicated than that based on the unique particulars of your situation; but, it's a good place to start.
by RadAudit
Mon Apr 02, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to retire
Replies: 23
Views: 3636

Re: Is it time to retire

What are you going to do when you retire? I didn't remember seeing anything about what you wanted to do.
by RadAudit
Mon Apr 02, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10728

Re: What age is the best to give a child control of an inheritance?

OP, thanks for starting this thread.

I've gone back and forth on this question more times than a ping-pong ball. :happy Lot to think about.
by RadAudit
Fri Mar 30, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1147

Re: RMDs & "Prime Harvesting Strategy"

heyyou wrote:
Wed Mar 28, 2018 8:42 pm
Calculate the Prime Harvesting amount, subtract the RMD from it, to find how much more to withdraw (WD).
I think you have a larger portfolio than I do.
by RadAudit
Thu Mar 29, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC: A.I. Money Managers Comng Soon..
Replies: 2
Views: 526

Re: CNBC: A.I. Money Managers Comng Soon..

I wonder what a conversation with an AI FA would sound like if a client needed hand holding during severe market turbulence.
by RadAudit
Thu Mar 29, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5265

Re: Should I loan my child money for college?

Welcome to the forum. Well, given that you probably can't borrow your way through retirement, it might not be the best idea to loan too much to your daughter. And, since there are programs for forgiveness of student loans for some folks going in to the health care field, that might be the way to go....
by RadAudit
Thu Mar 29, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Spending in Retirement: An interesting study
Replies: 5
Views: 1419

Re: Spending in Retirement: An interesting study

I don't wish to guess at what GAAP wants. But, if you're normal retirement age (65) and planning on a 30 yr retirement to figure a SWR, you might leave money on the table compared to using a projection based on probable life span. Not the worse outcome possible.
by RadAudit
Wed Mar 28, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2026

Re: Advice for retirees.. who writes this stuff!?

A retiree day trading with hard earned savings going "full-bore" as their new job is a very dangerous game indeed. Many people have forgotten the harsh lessens of 1999-2001 (or were not investing yet.) Has it been that long? Time flies. I still remember the stories of folks going off the rails and ...
by RadAudit
Wed Mar 28, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1147

Re: RMDs & "Prime Harvesting Strategy"

My money is in a four fund set up and most of it is in an IRA. I view both both tax deferred and non-tax deferred as parts of the same portfolio. The RMDs are taken from the bond side in tax deferred. Then, after I put enough money in a non-tax deferred MM for the year, the remainder goes in to a n...
by RadAudit
Wed Mar 28, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Prime Harvesting--Do I have the steps accurate
Replies: 8
Views: 1164

Re: Prime Harvesting--Do I have the steps accurate

He provides the exact details needed in Chapter 3 on page 91 of his free pdf download at http://livingoffyourmoney.com/ You may also want to take a look at the ERN article (the entire series on withdrawal strategies is excellent) that discusses a smoother version of harvesting to reduce the abrupt ...
by RadAudit
Wed Mar 28, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4269

Re: Retirees: Do you spend all your "income"?

Thanks to all for your comments on RMDs. Learned something today.
by RadAudit
Wed Mar 28, 2018 3:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17356

Re: A lot of heavy hitters this morning

Ron wrote:
Wed Mar 28, 2018 12:55 pm
Just remember, when folks start to talk about their 7 figure portfolios, that could mean anything from $10,000.00 to $9,999,999.

Both amounts have seven (digit) figures :mrgreen: ...

- Ron
I always count the digits to the right of the decimal point.
by RadAudit
Tue Mar 27, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4269

Re: Retirees: Do you spend all your "income"?

I am not even close to spending my income since I retired. Congrats! :sharebeer Of course, some on the forum will argue for spending more if that's what you want to do. Or, they could point out you probably worked too long or saved too much. (Similar to the old saw about spent too much or died too ...
by RadAudit
Tue Mar 27, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6322

Re: KF Annual Expense Based Personal Finance Strategy

Thanks for the post.

OK. If the goal is FI, after you get by the first line, how do you calculate when you reach FI? Assets times some whole number? Cash flow? If so, from what?
by RadAudit
Tue Mar 27, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Anxious about retirement - Am I alone?
Replies: 10
Views: 2150

Re: Anxious about retirement - Am I alone?

But maybe there are interesting things to do that you might suggest? Looks as if you are off to a good start. I'm sure other interests will present themselves as time goes on. Best wishes. I'm sure you'll do OK. PS: I'm told gardening is good, if you like it. (Dad was raised on a farm. Liked to can...
by RadAudit
Tue Mar 27, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Grass is always greener, federal edition
Replies: 59
Views: 6478

Re: Grass is always greener, federal edition

Stay where you are and enjoy it. It's a lot less stressful to enjoy the work you do than to wonder every day if you have enough to retire and / or calculate the odds of running out of money before you die.
by RadAudit
Tue Mar 27, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing for retired lady
Replies: 4
Views: 636

Re: Investing for retired lady

My instinct is just to buy all Vanguard total bond market even though it is a taxable account. The women is in her 50s. She has maybe 40 more years to go. If she doesn't need the money to live off of now, I'd recommend something with a little more potential for growth. Primarily, because inflation ...
by RadAudit
Sun Mar 25, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anxious about retirement - Am I alone?
Replies: 10
Views: 2150

Re: Anxious about retirement - Am I alone?

segula wrote:
Sun Mar 25, 2018 11:58 am
Thoughts on how to enjoy that time meaningfully?
Besides traveling and eating, what other activities are meaningful to you? Can you indulge in those activities on your retirement budget?

Nothing wrong with eating and traveling; but ...
by RadAudit
Sun Mar 25, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1406

Re: Best Target fund for my age?

Ok, so what are the guidelines for low, medium and high expense ratios? In other words, what would be the cut off for a low ER, .75%? From what I can pull up on internet, seems the general rule is anything under a .75% is considered low. Opinions differ on that. But, if it is the best you can do, y...
by RadAudit
Sun Mar 25, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1406

Re: Best Target fund for my age?

I guess one question is my ROTH TRP Cap Apprec fund has an expense ratio of .71, while Vanguard Target 2030 is .14. Will this difference in lower expense really add up over a 12 year period, or would the difference be minimum and not really a concern? The short answer is yes. I haven't looked at / ...
by RadAudit
Sun Mar 25, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1406

Re: Best Target fund for my age?

rad, No, also my TIAA-CREF 403(b) ($425,000.00). Ah, the plot thickens!! The question now becomes what is the right AA for a portfolio of a 1/2 mil? General answer of need, willingness ... still applies. Might want to go to the wiki and look for asking questions. Around here, the general advice run...