Search found 3135 matches

by RadAudit
Wed Jan 23, 2019 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate allocation of Church funds
Replies: 11
Views: 663

Re: Appropriate allocation of Church funds

IIRC, my local church almost removed me from the fellowship when I suggested that they might not want to have 1/2 their funds in a single bank stock. And, they might want to have more than one guy making all the investing decisions. So, there may be some non-financial risks in trying to offer an opi...
by RadAudit
Wed Jan 23, 2019 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard?
Replies: 39
Views: 3231

Re: Vanguard?

Do they offer financial advisor services? I know enough to know that I'm not a professional on picking funds. While I'm currently happy with my current advisor, always looking. Vanguard started Personal Advisor Services for 0.30% a few years ago. My understanding is they typically recommend Total S...
by RadAudit
Wed Jan 23, 2019 8:49 am
Forum: Investing - Help with Personal Investments
Topic: I'm 23 and I'm trying to help my family with their finances
Replies: 19
Views: 1223

Re: I'm 23 and I'm trying to help my family with their finances

Welcome to the forum. You've raised a number of concerns. A number of them I can't help you with due to the lack of information about the specific individual's situation. I do, however, have a few opinions that may help you. First, start here. https://www.bogleheads.org/wiki/Getting_started Watch th...
by RadAudit
Tue Jan 22, 2019 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: 63 years old and 3 fund portfolio allocation
Replies: 8
Views: 991

Re: 63 years old and 3 fund portfolio allocation

Welcome to the forum When you start with "start here" post your portfolio / AA IAW this https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 The reasons are fairly straight forward. 1. Not enough information about your situation to know how hard you have to push yourself. 2. Late stage doesn't ...
by RadAudit
Tue Jan 22, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 37
Views: 2918

Re: Your Retirement W/D method and why?

My curiosity makes me ask, for those of you currently making withdrawals in retirement which method are you using and why. Thanks for starting the thread. Made me look at the wiki pages. I guess I'm still in the slightly elevated spending phase (travel) waiting on the ~75 break point to kick in (an...
by RadAudit
Mon Jan 21, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: What should be the minimum income to consider living in a HCOL?
Replies: 29
Views: 2746

Re: What should be the minimum income to consider living in a HCOL?

Some folks live fairly well on less than $85k/yr in some LCOL areas.
by RadAudit
Sun Jan 20, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Cruise to China, Japan and South Korea— ship tours or booking private tours
Replies: 7
Views: 587

Re: Cruise to China, Japan and South Korea— ship tours or booking private tours

Learned a lot from Cruise Critic- I learned a lot from Cruise Critic, too. One - some folks will complain about anything and everything. Two - be skeptical about folks who complain about tipping when they come from countries where tipping is not customary. The idea of getting left behind in a count...
by RadAudit
Sun Jan 20, 2019 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course is hard
Replies: 74
Views: 7511

Re: Stay the course is hard

How do you stay the course? Pepto Bismol. Lots of Pepto Bismol. If you look at your portfolio during a 50% drop in equities - even if only to check if you've exceeded your rebalance bands (again) - and without a very conservative AA, losing 1/2 of the value of your equities will probably cause some...
by RadAudit
Sat Jan 19, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: Total Stock & Intnl Stock vs Total World?
Replies: 7
Views: 591

Re: Total Stock & Intnl Stock vs Total World?

Assuming the alternative was to rebalance to 50/50 periodically, then you can't say whether you've increased or decreased the impact of ex-US holdings in the long run. The main difference that comes to mind is Total World is its own index not the combined versions of Vanguards Total Stock and Total...
by RadAudit
Sat Jan 19, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Total Stock & Intnl Stock vs Total World?
Replies: 7
Views: 591

Total Stock & Intnl Stock vs Total World?

Let's assume I was thinking (over thinking?) about simplifying the stock side of the portfolio from a 50 / 50 Total Stock and Total International Stock asset allocation to a Total World allocation. I was looking at the portfolios of all three funds. IIRC, the Total World and Total Stock portfolios h...
by RadAudit
Fri Jan 18, 2019 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 38
Views: 2991

Re: Should I dump our wealth planner/financial advisor?

Welcome to the forum. You came to the right place. For an overview - https://www.bogleheads.org/wiki/Getting_started Read the linked items. Watch the videos. Read a few of the books. For specific questions about your portfolio and goals https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 There...
by RadAudit
Fri Jan 18, 2019 8:59 am
Forum: Investing - Help with Personal Investments
Topic: I'm to expect a call from Vanguard
Replies: 2
Views: 747

Re: I'm to expect a call from Vanguard

They reviewed my portfolio, I looked over their recommendations and decided I'd just stay with my own management. Their response was WHY!!!!! ... Yea, my "portfolio" isn't perfect but it's mine and I like it the way it is just fine. My apologies, in advance, to Mr. Larimore. There are many roads. S...
by RadAudit
Thu Jan 17, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6013

Re: Retirement savings new research

This from the article - If we successfully navigate the first five years of portfolio returns then we still have to negotiate the next five and eventually the next two. There's no reason to expect that if you make it through the first 5 years of retirement that your risk will simply disappear. remi...
by RadAudit
Wed Jan 16, 2019 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help w/ Portfolio
Replies: 2
Views: 369

Re: Help w/ Portfolio

Welcome to the forum. Just a few observations for whatever they're worth. I do not keep back an emergency fund. Generally speaking, emergency funds tend to be helpful in … well, emergencies. I stuck with mostly large cap funds and some tech stocks hoping to ride out the next inevitable downturn with...
by RadAudit
Wed Jan 16, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6013

Re: Retirement savings new research

This from the article - If we successfully navigate the first five years of portfolio returns then we still have to negotiate the next five and eventually the next two. There's no reason to expect that if you make it through the first 5 years of retirement that your risk will simply disappear. remin...
by RadAudit
Wed Jan 16, 2019 8:54 am
Forum: Investing - Help with Personal Investments
Topic: The Three-Fund Portfolio
Replies: 10
Views: 1091

Re: The Three-Fund Portfolio

staythecourse wrote:
Tue Jan 15, 2019 12:17 pm
The answer is it may or may not.

I am not sure how many times I have to say this on this forum, ...
Folks new to the forum show up almost every day. :happy
by RadAudit
Tue Jan 15, 2019 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target 2050 question
Replies: 7
Views: 573

Re: Vanguard Target 2050 question

Should we stick with this, or is this a poor choice? Thanks. VG TR2050 is a good fund for a retirement starting in about 30 years. FWIW I put my wife and both of my kids in TR funds when they started investing for retirement. I believe they are excellent funds for individuals who want an aggressive...
by RadAudit
Mon Jan 14, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: rebalancing questions
Replies: 6
Views: 547

Re: rebalancing questions

From what I remember about the rebalancing bonus, the less frequent the rebalancing the better. Additionally, rebalancing bands of at least +/- 5% tend to get a better bonus than smaller bands. +/- 10% bands might be better. However, the purpose of rebalancing is to maintain the appropriate level of...
by RadAudit
Mon Jan 14, 2019 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tapping into retirement savings question
Replies: 6
Views: 1198

Re: Tapping into retirement savings question

My question is: When is the market considered to be down or up? Excellent question. I don't do buckets. But, I do RMDs. So, I guess that could be considered to be withdrawing from retirement savings. May be this will help. I withdraw from the bond side of the portfolio. If, the stock value is highe...
by RadAudit
Mon Jan 14, 2019 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1410

Re: Retirement portfolio

I am looking at 2 possibilities and would like the forum's opinions/ideas on each, as well as other options. One is the VG Life Strategy Conservative Growth Fund (VSCGX), the other is the VG Wellesley Income Fund (VWIAX). OP, I'm about a year younger than you and have similar concerns. FWIW, just a...
by RadAudit
Fri Jan 11, 2019 5:12 pm
Forum: Investing - Theory, News & General
Topic: Optimal Investment Strategy for Retirement Using the Coverage Ratio
Replies: 4
Views: 543

Re: Optimal Investment Strategy for Retirement Using the Coverage Ratio

Beliavsky wrote:
Fri Jan 11, 2019 4:03 pm
the paper
assumes a constant inflation-adjusted spending regardless of portfolio performance and that the number of years in retirement is
known. It would be good to relax those assumptions.

Isn't this similar to a liability matching portfolio with a 4% SWR? Probably missed something.
by RadAudit
Fri Jan 11, 2019 12:51 pm
Forum: Investing - Theory, News & General
Topic: Kitces - Retirement Tax Rate Equilibrium
Replies: 23
Views: 3454

Re: Kitces - Retirement Tax Rate Equilibrium

Cyclesafe wrote:
Fri Jan 11, 2019 10:17 am
Implementing at one's theoretical tax equilibrium rate forces one to incur real "unnecessary" taxes now, before the future returns are realized. Feeling lucky?
And then, there's also trying to figure out what the tax law is going to be in 10 years. :wink: Of course, we can't discuss that here.
by RadAudit
Fri Jan 11, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13986

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

scrabbler1 wrote:
Fri Jan 11, 2019 8:17 am
The OP asked us how those of us with low incomes became millionaires and we are answering his question.
As is oft quoted on this forum - Their are many roads to Dublin.
by RadAudit
Thu Jan 10, 2019 10:43 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9769

Re: Disciplined with finances, but not so with diet

Any bogleheads any diet wisdom? You lack the proper motivation. :wink: I found mine when my doctor's supervisor wrote me a letter that said (paraphrasing) if you don't get your stuff together, you are going to die a lingering and painful death that I don't want to fight with a bunch of pills becaus...
by RadAudit
Wed Jan 09, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13986

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

Old_Dollar wrote:
Wed Jan 09, 2019 6:48 pm

Do you have any regrets about missing out on some things in your younger adult years as a consequence of (your) savings rates?
No.
by RadAudit
Wed Jan 09, 2019 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13986

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

It's simple; not easy.

Started working at 24 for $9.6K/yr. Invested 8% of income per year with a 4% match. LBYM. Waited 39 years. (That's the second time I hit, barely, $1 mil. The first was 2007 and then 2008 happened, IIRC) Retired.

Major keys to success - a frugal DW, modest home.

YMMV.
by RadAudit
Wed Jan 09, 2019 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Talk the new guy off the 80 or 90% equities cliff!
Replies: 21
Views: 2883

Re: Talk the new guy off the 80 or 90% equities cliff!

I didn't know if there was an actual template to fill out, or that's just the information needed, etc. That's format is just so folks, who know way more than I, can get a quick look at the necessary info and help you get the answers you need. No harm, no foul. And, you can edit your first post on t...
by RadAudit
Wed Jan 09, 2019 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Talk the new guy off the 80 or 90% equities cliff!
Replies: 21
Views: 2883

Re: Talk the new guy off the 80 or 90% equities cliff!

I'd edit my post into the format explained here viewtopic.php?f=1&t=6212 and ask any questions I needed to ask.
by RadAudit
Tue Jan 08, 2019 6:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: The quest is the quest – the emotional letdown of winning the game.
Replies: 24
Views: 2462

Re: The quest is the quest – the emotional letdown of winning the game.

did you experience an emotional letdown when it was finished? I see a lot more range time in my future. Well, I'm 9 years in to retirement and I still am not convinced I've won the game. It did take a little time to get accustomed to retirement. I mean after the 15 minutes on New Year's Day to reba...
by RadAudit
Tue Jan 08, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8431

Re: More Nanny State From Vanguard

Why do you care what others do in managing their investments if it doesn't impact you? Personally, I don't care. However, Vanguard may believe that these types of funds may be at odds with their mission if this opinion is correct. ... these types of investments aren't generally designed for a buy-a...
by RadAudit
Mon Jan 07, 2019 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired, new to you, seeking a plan we can trust
Replies: 8
Views: 1549

Re: Newly retired, new to you, seeking a plan we can trust

Welcome to the forum. Values: We would prefer to be SRI - fossil free. I have a slightly different value system, so please feel free to ignore whatever part of my opinions you choose. And. because of those differences, I don't know any funds that are predominantly SRI. Dr. Wm Bernstein's idea of kee...
by RadAudit
Mon Jan 07, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: For those retired a few years
Replies: 58
Views: 4775

Re: For those retired a few years

Going in to year nine in retirement. Spending has increased about 3%/yr - my SWAG on a personal rate of inflation - except for a remodel of our 35+ year old starter home. The remodel has been ongoing for about five years, was planned for and is being funded out of a small inheritance.
by RadAudit
Sun Jan 06, 2019 8:49 am
Forum: Investing - Theory, News & General
Topic: Avoid rebalancing between risky assets. Let bulls run.
Replies: 33
Views: 2780

Re: Avoid rebalancing between risky assets. Let bulls run.

livesoft wrote:
Sun Jan 06, 2019 8:34 am

Basically, most of the published articles do not demonstrate good rebalancing methods if one wants higher performance. <-- Bait for debate!
Another upside, being rather inattentive to rebalancing allows one more time to do other things.
by RadAudit
Fri Jan 04, 2019 7:22 pm
Forum: Personal Consumer Issues
Topic: First (consumer!) purchase of 2019 and purchase recordkeeping
Replies: 32
Views: 2203

Re: First (consumer!) purchase of 2019 and purchase recordkeeping

I wondered if any Bogleheads have done purchase recording and what system worked for them. I'm going on 72. For a Boglehead, this is embarrassing. SS and a small pension cover most of the day to day expenses. I track planned and not so planned withdrawals out of the RMDs from a little IRA. Basicall...
by RadAudit
Fri Jan 04, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4455

Re: Retirees: any major goals for 2019?

Stay solvent.
by RadAudit
Thu Jan 03, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Minimum Investment Cuts Overdue"
Replies: 47
Views: 4267

Re: "Vanguard Minimum Investment Cuts Overdue"

The part I found to be most interesting in the article … Investment minimums will continue to come down. I think it remains to be seen just how much Vanguard can respond given that Vanguard, structurally as a mutually owned organization, operating an at cost model, can only really pull so many level...
by RadAudit
Wed Jan 02, 2019 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me to Understand Bonds Please.
Replies: 19
Views: 1471

Re: Help Me to Understand Bonds Please.

You do know that the price of a current bond drops as interest rates increase? Some of the price decrease may be due to the rise in rates as the economy recovered.
by RadAudit
Wed Jan 02, 2019 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed - where to get money for bills...
Replies: 7
Views: 1180

Re: Advice needed - where to get money for bills...

I am 62. I have about $260k in an IRA split between two Vanguard funds, about 50/50 stock/bonds. Obviously it's down some right now. I need about $4k right now, and about $7k within the next few months. My options are to get the $4k from the IRA , take it from my HELOC, or I can take a 3% car loan ...
by RadAudit
Wed Jan 02, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: Are we officially in bear market ?
Replies: 79
Views: 9741

Re: Are we officially in bear market ?

2015 wrote:
Tue Dec 25, 2018 9:28 pm
Am I missing something? ... Does no one have an IPS?
Probably fewer than you might of hoped.

Yesterday, I updated some spreadsheets for the end of the year info. Read my IPS. No need to take any other action. Rather boring; but, it set the mood to nap on and off through football. :wink:
by RadAudit
Wed Jan 02, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: How long before real estate becomes stale? (Advice)
Replies: 14
Views: 1766

Re: How long before real estate becomes stale? (Advice)

At what point would you decide to take closer to $450,000? No experience; but, an observation. What is the average time to sell a comparable property in this market at this time? What is the trend of time to sell? If you are beyond the midpoint (mean, mode, …) you might want to reconsider or whenev...
by RadAudit
Wed Jan 02, 2019 7:53 am
Forum: Investing - Theory, News & General
Topic: 96 percent of stocks are no better then TBills
Replies: 51
Views: 8007

Re: Hendrik Bessembinder paper, active over passive?

2015 wrote:
Thu Dec 27, 2018 7:56 pm
the slippery world of "expertise":

More than several decades ago, an expert was a guy with a briefcase 50 miles from home. Nowdays, it's a little more difficult to claim the title of expert.
by RadAudit
Tue Jan 01, 2019 10:01 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle says rebalancing is overhyped?!
Replies: 149
Views: 21090

Re: Jack Bogle says rebalancing is overhyped?!

rebalancing = market timing Could be. But, if your IPS specifies either rebalance bands, intervals and / or other limits, and if the portfolio AA exceeded those criteria, then rebalancing could be the execution of a well thought out plan. I don't know how well thought out it is; but, I use bands of...
by RadAudit
Tue Jan 01, 2019 4:56 pm
Forum: Investing - Theory, News & General
Topic: Stay the Course! But...?
Replies: 11
Views: 1805

Re: Stay the Course! But...?

how do you know if the course you're staying on is the right course? If the course you've selected is wrong, despite your best efforts, how do you recognize that it isn't working and change direction? I would guess the answer might be when you recognize the present course you are on will probably n...
by RadAudit
Sun Dec 30, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Question after reading "The Bogleheads' guide to investing"
Replies: 11
Views: 1202

Re: Question after reading "The Bogleheads' guide to investing"

Welcome to the forum. The book says we cannot use the past to predict the future. But I think the investing strategy the book encourages is based on the fact that during past 250 years, US stock market is on an overall upward trend, so isn't that also based on the past to predict the future? Well, s...
by RadAudit
Sun Dec 30, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: "Stay The Course" by John Bogle
Replies: 36
Views: 6829

Re: "Stay The Course" by John Bogle

Got the book for Christmas. Interesting and informative read, so far. Stuff I never realized. IIRC, Vanguard made a significant growth spurt in the '80's (?) due to the money market and bond funds. Primarily due to the lower ERs and other costs. Apparently, and oddly enough, the equity index funds w...
by RadAudit
Sun Dec 30, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I change my IPS and asset allocation because of potential change in personal circumstances?
Replies: 5
Views: 557

Re: Should I change my IPS and asset allocation because of potential change in personal circumstances?

should I make changes now, based on events that may or may not occur (since the IPS is not yet in effect), or should I wait until the changes occur (if they do) and make changes then? I have no problem in OKing the idea of an IPS for an event that may take place in the future. A number of folks do ...
by RadAudit
Sun Dec 30, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Should I change my IPS and asset allocation because of potential change in personal circumstances?
Replies: 5
Views: 557

Re: Should I change my IPS and asset allocation because of potential change in personal circumstances?

An IPS is not engraved in stone. When your situation changes, your IPS may have to change. If I switch careers, I expect to make significantly less (probably a max of 2/3 of my current salary). ... If I elect to change careers ... likelihood of my making any changes is probably 25%. OTOH, IMHO, IPS ...