Search found 2846 matches

by RadAudit
Sat Jun 23, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 8
Views: 377

Re: What am I overlooking?

It is difficult to save anything significant right now because I am paying for college without taking any loans so far. Are you paying for their college educations or are you paying for your college education? The kids are working summers to help with their education costs, right? If you think you ...
by RadAudit
Sat Jun 23, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 34
Views: 2479

Re: Feel like I'm sinking money into international

If one part of your portfolio isn't under performing, you aren't appropriately diversified.
by RadAudit
Thu Jun 21, 2018 7:41 am
Forum: Investing - Theory, News & General
Topic: "It Ain't What You Don't Know That Gets You Into Trouble"
Replies: 4
Views: 1028

Re: "It Ain't What You Don't Know That Gets You Into Trouble"

If the articles Mr. Asness references are correct, a number of popular investment strategies may need serious revamping.
by RadAudit
Tue Jun 19, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: Effective Number of Bets, or how many funds is enough?
Replies: 16
Views: 1126

Re: Effective Number of Bets, or how many funds is enough?

Interestingly I think this method of looking at diversification provides quantification of something that many Bogleheads intuit: a simple portfolio with a small number of broad funds provides the investor with virtually all the diversification benefits an investor can readily achieve. Nice work. I...
by RadAudit
Tue Jun 19, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 824

Re: Arrangements for spouse to manage investments on death

I've got a few years (18) on you but similar concerns. Our approach was to simplify. Of course, we didn't have much to simplify, either. The house is in a trust. DW has a small IRA that is in a target retirement fund that is on a glidepath to 30 / 70. She's going to have to make a decision fairly so...
by RadAudit
Mon Jun 11, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Balancing the Burden and the Benefit of Wealth
Replies: 11
Views: 1491

Re: Balancing the Burden and the Benefit of Wealth

The burdens of building wealth from the article seem to be time away from family, friends and things you might want to do that must be spent accumulating wealth. Additionally, if you have significant wealth as opposed to being just moderately comfortable, there are questions about how to spend your ...
by RadAudit
Mon Jun 11, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 202864

Re: Share your net worth progression

Am I the only one who thinks these threads are pretty useless, and are their own warped version of comparing yourself to others and keeping up with the Jones's? Everyone has individual circumstances in life that can impact their net worth -- level of education, type of job, student loan debt, inher...
by RadAudit
Mon Jun 11, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16512

Re: Life in retirement - what did you do today?

Very interesting to hear what folks are doing. Wonder what age most of you are. I have the the feeling that the 60s are pretty good with activities and maybe early 70s. How many are still on the move older than that? Seems like the mid-70s are the watershed and things slow down a lot then. sheepdog...
by RadAudit
Sun Jun 10, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Charity giving how much? How much do other retirees give?
Replies: 7
Views: 501

Re: Charity giving how much? How much do other retirees give?

Impossible to answer. Some of the poorest among us routinely give the largest % of their income to charity. That's not something I'd necessarily advocate in your case. You have been generous in the past. My bet is that you will continue to give up to a level where you feel comfortable with your dona...
by RadAudit
Sun Jun 10, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Net worth in retirement: How do you know when "enough is enough"?]
Replies: 15
Views: 2622

Re: [Net worth in retirement: How do you know when "enough is enough"?]

I don't know if you can say enough is enough. You think you have insurance issues, you like your job, and you've got kids, grandkids and charitable causes to take care of. You might be a while before you have enough. If it was just insurance, I'd say you might want to check to see if you could get a...
by RadAudit
Fri Jun 08, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10060

Re: Why do we work?

Even if I do the best that I could in my job, in the end, it does not matter. In the grand scheme of life and the world, my employment is not so important that it will change the world. It is a just a game. I didn't know you were in the next cubicle! Looking back, I'm fairly sure I didn't make a la...
by RadAudit
Fri Jun 08, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: How much to spend on daycare?
Replies: 46
Views: 3451

Re: How much to spend on daycare?

What you need for the first year is someone who really loves the child. If you can find that in either place, the cost difference of 6k is irrelevant.
by RadAudit
Thu Jun 07, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 58
Views: 14733

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

If people are looking for a book that will simply tell them what to do, then I don't think such a thing exists or ever will. How helpful Pfau's book is in the practical situation could be discussed. There are literally thousands of books that do that and there will be thousands more. The problem is...
by RadAudit
Tue Jun 05, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50597

Re: How much money do you want to retire?

I don't remember what I wanted. But, eight years ago, I left with SS, a small pension and about 1 mil in the 401(k).
by RadAudit
Tue Jun 05, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: [what to sell for] RMD
Replies: 21
Views: 1391

Re: [what to sell for] RMD

Took my first RMD last year, automatically, out of the bond funds. Then, if I were outside my rebalance bands, I'd have rebalanced. I plan to continue that approach over the next several years. I chose this approach to ensure I'd have funds available if there were a sudden and steep stock market dow...
by RadAudit
Mon Jun 04, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard’s Asset Growth Is Slowing
Replies: 9
Views: 1856

Re: Vanguard’s Asset Growth Is Slowing

I like the explanation in the article for the slowing in the rate of growth. As I understand it, the competitors are charging lower prices on some products that match up against VG and making it up with fees on other products. But, on the other hand, you don't have to buy the competitors' higher pri...
by RadAudit
Sun Jun 03, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Parents transferring all property over to me. Do I need a lawyer?
Replies: 12
Views: 2089

Re: Parents transferring all property over to me. Do I need a lawyer?

Did your parents ever read King Lear?

After those assets are transferred, what do they have to live off of? If it isn't enough, see a lawyer and make sure they have sufficient, irrevocable income for their wants and needs.
by RadAudit
Sun Jun 03, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Are we doing it right?
Replies: 15
Views: 2541

Re: Are we doing it right?

401k I max it out each month, 100% goes to VTTHX (Vanguard Target Retirement 2035) Roth IRA's x2, we max these out monthly VTTHX & VFORX You've already got bonds in the portfolio. Look at TR 2035. The question is not should you? :oops: The question is how much? A subset is how are you going to reba...
by RadAudit
Wed May 30, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17559

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

For both of my average kids and through a total of 8 years undergrad, our expected family contribution was always $50 more than the total of tuition, fees, room and board. Therefore, no money.
by RadAudit
Sun May 27, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12442

Re: Helping Adult Children (but not too much)

These are tough issues and a lot depends on the adult children, the parents financial situation and other factors. +1 But, this thread has helped me a great deal as I reconsider my approach to helping the kids (30s) through this stage in their development. Hasn't changed my opinion, yet. But, there...
by RadAudit
Sat May 26, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Leave career (fortune 200) and join the peace corps?
Replies: 29
Views: 3350

Re: Leave career (fortune 200) and join the peace corps?

I know a number of folks who wish they had done something like this when they were young. They now regret not taking the chance back then. Go for it.
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: 40
Views: 2961

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: 76
Views: 12296

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: 325
Views: 34724

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: 325
Views: 34724

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: 15165

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: 2040

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: 2652

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: 331

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: 3163

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: 711

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: 8107

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: 864

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: 2032

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: 152
Views: 12442

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: 1209

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: 8167

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: 625

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: 11
Views: 2259

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: 1461

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: 6837

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: 479

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: 3133

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: 2317

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: 2317

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: 2317

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: 1270

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: 3133

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: 2196

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 ...