Search found 2825 matches

by RadAudit
Fri May 25, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: If the US market cap was 5% instead of 52%, would the US vs International conversation change?
Replies: 34
Views: 1764

Re: If the US market cap was 5% instead of 52%, would the US vs International conversation change?

It's the stock specific risk. You needed to be in Apple Amazon Google Facebook not Dell Nortel RIM/ Blackberry Nokia. If the Total World and Total US weightings are similar, can you diversify large (single?) stock risk in the US - Apple, Google, Amazon, etc. - by adding Total International in order...
by RadAudit
Fri May 25, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 37
Views: 5943

Re: Why Edward Jones?

Perhaps I’m a bit naive to think there are some good financial planners in the world. There are. There has to be some. Best wishes in your search to find one or to be one. If I were guessing, the (gross margin x volume) / sale equation for a small FA may push one in to higher cost products. In orde...
by RadAudit
Wed May 23, 2018 9:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 30965

Re: Post your Financial Milestone Announcements Here

Going on 9 years in retirement and still solvent! :D Looks as if the Trinity studies and SWRs are working, so far. Nice! You picked a great time to retire.. right at the start of a bull run. :sharebeer Thanks. I wish I could claim that I knew that in advance. But, no such luck or insight. I just fi...
by RadAudit
Wed May 23, 2018 3:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 30965

Re: Post your Financial Milestone Announcements Here

Going on 9 years in retirement and still solvent! :D

Looks as if the Trinity studies and SWRs are working, so far.
by RadAudit
Wed May 23, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 14209

Re: Why is Vanguard switching all accounts to brokerage accounts?

I just noted the dreaded "Upgrade" button. On clicking on the various accounts, I got the message that I couldn't perform the upgrade on-line because I take RMDs.


Maybe I can dodge the bullet for a few more years.
by RadAudit
Wed May 23, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Typical interest rate earned by target date funds in retirement?
Replies: 28
Views: 1844

Re: Typical interest rate earned by target date funds in retirement?

Since 4% is frequently cited, what investment is that based on? The 4% is based on the Trinity Studies. Interesting read. Various probabilities of success depending on AA, withdrawal rates and time. Might be worth a look. Especially the part about it being for planning purposes. No guarantees. Best...
by RadAudit
Tue May 22, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2420

Re: Asset Class Forecasts

Case,

Assuming we knew future EPS and dividend growth rates, how were you going to use the info to modify your portfolio and plans?
by RadAudit
Mon May 21, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: BH newbie from Hong Kong
Replies: 4
Views: 280

Re: BH newbie from Hong Kong

Welcome to the forum. Don't know about the tax implications. the information is geared towards someone based in North America, would that same strategy apply, The same strategy applies: use a few, low cost, broad based index funds that are widely diversified and don't overlap, and that are bought, h...
by RadAudit
Sun May 20, 2018 8:08 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 2960

Re: If RMD are large should you still defer into 401k

My RMDs are large to me, too. ( I was more than a little too late to the Roth conversion idea. :oops: ) My income in retirement is higher than when I was employed. However, no matter how much the RMD is in any one year, they don't take it all in taxes, yet. And I continue to believe a larger tax def...
by RadAudit
Sun May 20, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Simplifying to a target retirement fund?
Replies: 9
Views: 650

Re: Simplifying to a target retirement fund?

Sometimes putting a target fund in taxable is not the best approach for a couple of reasons. If you are in a higher tax bracket, the bonds in the target fund would not be very tax-efficient. Also, the target fund means you could not sell stocks or bonds without selling both. In a taxable account, k...
by RadAudit
Sun May 20, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 7702

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Sorry for your loss.

A usual piece of advice from the forum concerns managing a windfall https://www.bogleheads.org/wiki/Managing_a_windfall Might be worth a read.

Short synopsis: Take your time to decide. A suggested time frame is about a year.
by RadAudit
Sat May 19, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Even though opinions differ in safe withdrawal rate would appreciate feedback with this allocation
Replies: 8
Views: 802

Re: Even though opinions differ in safe withdrawal rate would appreciate feedback with this allocation

3% or 4%? Folks will be arguing that one for the next 30 years - if the Trinity Studies are correct.

Either one should work. And both have a reasonable chance of making it 30 years or so. Sort of depends on their risk tolerance.
by RadAudit
Sat May 19, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a house or wait it out
Replies: 21
Views: 1879

Re: Good time to buy a house or wait it out

Do what you want to do.

If you can figure out which way the housing market and interest rates are going and for how long, so much the better. But, I wouldn't make those items the determining factors in the decision.
by RadAudit
Sat May 19, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 96
Views: 6867

Re: Helping Adult Children (but not too much)

Don't know if I qualify in "being with means". Both of our children are in their 30's. We make a small contribution to one child to day care costs for her two pre-school children. But at Christmas, we provide cash gifts to the other to even up expenditures for the year. (No winners of the grandchild...
by RadAudit
Thu May 17, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Best Vanguard funds for the three or four portfolio technique?
Replies: 16
Views: 1104

Re: Best Vanguard funds for the three or four portfolio technique?

Assuming you are talking about total stock, total bond and total international (and total international bond, if you are thinking four vs. three), the answer is yes. It is that simple.

We'll leave the additional questions of easy vs. difficult to a later post.
by RadAudit
Wed May 16, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7573

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

“It's tough to make predictions, especially about the future.”

― Yogi Berra
The old Yankees' catcher was so right about so many things.
by RadAudit
Tue May 15, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Starting again in the U.S.A. [UK]
Replies: 4
Views: 586

Re: Starting again in the U.S.A. [UK]

Welcome to the forum. I don't know about the tax implications of the reported transactions. However IMO, if you are currently invested with an AA acceptable to you, then it would sense to reinvest as soon as you can after liquidating the portfolio in that AA. Additionally, as a general rule, investi...
by RadAudit
Tue May 15, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: John C. Bogle explains his interpretation of RTM (reversion to mean)
Replies: 6
Views: 1371

Re: John C. Bogle explains his interpretation of RTM (reversion to mean)

JPH wrote:
Tue May 15, 2018 1:36 pm
But what is proposed as the tailwind that propels the managed fund above the S&P500 median?
Don't know. But as a guess, I would think it would be an outsized bet (overweight) on one sector or one stock vs. trying to duplicate the S&P index in an active portfolio.
by RadAudit
Mon May 14, 2018 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Conserving Parent's Money to Pay for Assisted Living
Replies: 7
Views: 1389

Re: Conserving Parent's Money to Pay for Assisted Living

Great reply. Never thought of that approach.
by RadAudit
Sun May 13, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6671

Re: Doubling Your Money

And then, after you figure out the rule of 72, all you have to do is figure out a reasonable estimate of the rate of return your portfolio will achieve. Which sort of leads you back to the idea that portfolios should match your need, ability and willingness to accept the risk commensurate with meeti...
by RadAudit
Wed May 09, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: template portfolios for after retiring
Replies: 2
Views: 468

Re: template portfolios for after retiring

I guess that'll work. But I didn't get that as the approved "Boglehead portfolio". What I understand comes from the Boglehead philosophy. [quote} The Bogleheads® Philosophy Develop a workable plan Invest early and often Never bear too much or too little risk Never try to time the market Use index fu...
by RadAudit
Mon May 07, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 2994

Re: Help with in-laws investment- 100% in stocks with 5 years left to retire

jack1234 wrote:
Sun May 06, 2018 10:08 pm
Taylor's book? I'd love to get it. Is there a link?
Not yet. Due out in a month.

Links to Boglehead books are here or in the library. https://www.bogleheads.org/RecommendedReading.php
by RadAudit
Sun May 06, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Shorting - Can Someone Explain
Replies: 32
Views: 2182

Re: Shorting - Can Someone Explain

lack_ey wrote:
Sun May 06, 2018 11:49 am
Shorting is not necessarily that risky, just as long investing is not but can be;
Thank you. That explanation helped a lot.
by RadAudit
Sun May 06, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Shorting - Can Someone Explain
Replies: 32
Views: 2182

Re: Shorting - Can Someone Explain

It's pretty much ... not something much riskier or prone to more gains or losses. OK, I'm going to possibly disagree with this one. But, I probably have a lower risk tolerance than you do. As I understand it, if I'm long an asset and the market moves against me, I could lose 100% of the investment....
by RadAudit
Sun May 06, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Shorting - Can Someone Explain
Replies: 32
Views: 2182

Re: Shorting - Can Someone Explain

One of the things I remember about short selling is an old (really old and really bad) observation - He that sells what isn't hiz'n, buys it back or goes to pris'n. :)

Sort of stuck with me.
by RadAudit
Sun May 06, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Help with post retirement IRA portfolio
Replies: 14
Views: 1238

Re: Help with post retirement IRA portfolio

OK - so, in taxable accounts, the rationale for NOT reinvesting dividends in the same MF is twofold ... first, to start moving to a smaller number of MF holdings (given they are duplicative in purpose and holdings), and second, to find lower expense funds. I'm assuming this rationale is NOT the sam...
by RadAudit
Sun May 06, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 2994

Re: Help with in-laws investment- 100% in stocks with 5 years left to retu

Why do they need help? Did they ask you? Do you have to pick up the pieces if their approach tanks? Did they reach their "number"? Now, their approach is not one I'd advocate. But, they have pensions and probably SS. The house is paid for. They are going to have to change their minds. So, I'd recomm...
by RadAudit
Sat May 05, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2120

Re: Need encouragement with holding my bond fund assets

So just want to know if YOU would keep the SWAGX and wait it out - or sell and ?? - do what with the $'s? Since you asked, what I'd do with bonds is keep them. I use bonds to mitigate the risk of large downturns in the portfolio due to a drop in the value on the equity side. And I use the bonds to ...
by RadAudit
Thu May 03, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help with post retirement IRA portfolio
Replies: 14
Views: 1238

Re: Help with post retirement IRA portfolio

As a general rule, any position less than 5% of the portfolio should be sold and proceeds directed in to the overall portfolio AA. The reason seems to be that it would take too much of a change in that part of the portfolio to impact overall return. Additionally, it's easier to do in an IRA - no cap...
by RadAudit
Wed May 02, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: How are you widow-proofing?
Replies: 35
Views: 4455

Re: How are you widow-proofing?

I'm also thinking about going to a Life Strategy fund sometime in my 70s. But, since I'm in my 70s, the question is when. Right now, it's not a big deal to rebalance four funds once a year.
by RadAudit
Wed May 02, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with post retirement IRA portfolio
Replies: 14
Views: 1238

Re: Help with post retirement IRA portfolio

I'm not very good at this. That said - How much are you planning on spending? Just off the top. I'm thinking 15 large company mutual funds in taxable is at least 11 too many and you probably have a lot of overlap - so you may not be as diversified as you think, at least in those accounts. What are y...
by RadAudit
Mon Apr 30, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Dilbert Creator: If everyone indexed...
Replies: 39
Views: 6917

Re: Dilbert Creator: If everyone indexed...

It's the same way that voting is pointless because one vote never changed anything, but if nobody bothered to vote then one vote would change something, and it would be beneficial for you to vote. There's always a balance, and we usually slide to the side of it due to human ignorance and bravado. U...
by RadAudit
Mon Apr 30, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 6853

Re: How would you handle a request for money from a niece?

Your Mom can't afford it and you don't loan money to your kids.

Your niece is 42 years old and working. And you have offered to pay her way to a Dave Ramsey course.

Personally, my vote on the $100 request is no.
by RadAudit
Sun Apr 29, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: $15,000 for 35 years
Replies: 7
Views: 1385

Re: $15,000 for 35 years

The lowest cost, broadest based target (retirement) date fund you can find. Something close to a target date of 2055. Then just add money every paycheck until you get to the annual limits.
by RadAudit
Sun Apr 29, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Final estate tax returns with balance due, but no money in estate
Replies: 10
Views: 1690

Re: Final estate tax returns with balance due, but no money in estate

I'm involved in a case now where all of the accounts passed by transfer on death designations. The decedent died nearly 7 years ago and we're still litigating over how much each beneficiary has to contribute for the expenses, among other things. This is interesting. Am I reading this correctly? If ...
by RadAudit
Thu Apr 26, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3397

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: 29
Views: 4661

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: 9361

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: 9361

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: 2279

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: 1071

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: 3549

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: 425

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: 3549

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: 8397

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: 8397

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: 6832

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: 70
Views: 6021

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: 3050

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...