Search found 2882 matches

by RadAudit
Tue Jul 17, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Shifting Tides of Global Economic Power, 1820 to Today
Replies: 10
Views: 804

Re: Shifting Tides of Global Economic Power, 1820 to Today

My thought is that I have watched with some interest over the last several years how the percentage of assets invested in China by the Total International Stock Market fund has increased. It's now up to 7%, IIRC. That puts it ahead of Canada. So I guess that China's position in the world economy - a...
by RadAudit
Sun Jul 15, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 47
Views: 3652

Re: How often do you buy a primary residence?

pomidoro wrote:
Sun Jul 15, 2018 9:16 am
Does anyone else follow this tactic?
I don't. 2 houses in 45 years. (1st house was good for 10 years. Needed a third bedroom. 2nd home was new construction.) Mortgage free for last eight years. Next move will be either a retirement community or ... something more permanent.
by RadAudit
Sun Jul 15, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Take 5% of Folio age 75 Onward?
Replies: 13
Views: 1434

Re: Take 5% of Folio age 75 Onward?

Seems as if you have a pretty good chance if you factor in life expectancy.

https://www.forbes.com/sites/wadepfau/2 ... 671dc46860


Of course, time has a way of providing a more definitive answer to the question.
by RadAudit
Sun Jul 15, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Spending profile in retirement
Replies: 19
Views: 1570

Re: Spending profile in retirement

Cyclesafe wrote:
Sun Jul 15, 2018 8:07 am
If you are still solvent by age 100, you're probably good to go.
+1
by RadAudit
Sat Jul 14, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs. Fidelity Freedom Index Fund
Replies: 11
Views: 1422

Re: VTSAX vs. Fidelity Freedom Index Fund

For Roth IRA, please confirm if you still recommend investing that in Vanguard Roth IRA as well? Couldn't hurt. Doctor Rhythm has good points. Roth IRA will be good later for never taxed again money. If your new job has a 401k, use that before the Roth to get the employer's match, if you can, then ...
by RadAudit
Sat Jul 14, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs. Fidelity Freedom Index Fund
Replies: 11
Views: 1422

Re: VTSAX vs. Fidelity Freedom Index Fund

Between the two funds mentioned, I'd go with Vanguard because of the lower fees. And, if you aren't going to use it or look at it for 45 years, hightower makes good points. However, you threw a wrinkle into it. You also want recommendations on stock / bond asset allocations and domestic / internatio...
by RadAudit
Sat Jul 14, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: At last: the answer to longevity planning for retirement spending
Replies: 11
Views: 796

Re: At last: the answer to longevity planning for retirement spending

OP, thanks for the post. Now, if they would let us know what the stock market returns for the next couple of decades will be .... Bet if you read further in to the article they'll say something like eat your vegetables, don't smoke, watch your weight, get some exercise, wear seat belts in the car, ....
by RadAudit
Fri Jul 13, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Too Diversified?
Replies: 14
Views: 1281

Re: Too Diversified?

Welcome to the forum. Probably not diversified enough. The trick is to cover the most geographical regions, stock markets, stock sectors, etc. with the fewest number of mutual funds / ETFs at the lowest acceptable cost. Acceptable answers are either 1 or 2. If you can, try to consolidate in to 80% T...
by RadAudit
Fri Jul 13, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Taylor's 3[-Fund Book mentioned] on M* again today
Replies: 3
Views: 551

Re: Taylor's 3 on M* again today

I love these takeaways. Others may not. a general point: Diversification is more important than asset allocation. To be sure, allocating assets is a skill. Those who do it well can tilt the odds in their favor. But ultimately, success is determined by the fates and Rebalancing has less effect than d...
by RadAudit
Thu Jul 12, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Deciding how much to spend on home remodeling
Replies: 22
Views: 1869

Re: Deciding how much to spend on home remodeling

I am trying to figure out is what budget we should be shooting for, If this is any help, my wife is remodeling the house. What I've noticed so far is that first you get to buy your house and then you get to buy it again. Now in all fairness, the house is 33 years old and needed new siding, windows,...
by RadAudit
Sun Jul 08, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: A new investor has appeared! [Portugal]
Replies: 48
Views: 3136

Re: A new investor has appeared! [Portugal]

Welcome to the forum. Others, more knowledgeable than I, will be along shortly to answer more of your questions. Can't help with questions 1 and 3. As for question 2, I don't believe the difference between 0.07 and 0.25 percent in ER will have that serious of an impact at this stage. What is more im...
by RadAudit
Sat Jul 07, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Where is the USA domestic investor ?
Replies: 11
Views: 1108

Re: Where is the USA domestic investor ?

OP, Nisi makes a number of good points, as usual. I have literally had Vanguard's "portfolio watch" give me a warning flag for having too much international when I had 20.5%, and it is now giving me a warning flag for not having enough when I have 25%. Phooey on that. Not to hijack a thread; but I h...
by RadAudit
Sat Jul 07, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Where is the USA domestic investor ?
Replies: 11
Views: 1108

Re: Where is the USA domestic investor ?

, why do USA people that invest in USA orientated Total Stock Market funds think they aren't investing internationally Excellent question. IIRC, a number of folks on the forum believe that by investing in the TSM they are getting enough international exposure. But like all sociology, some do some d...
by RadAudit
Fri Jul 06, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Low risk management of retirement account for parents?
Replies: 3
Views: 282

Re: Low risk management of retirement account for parents?

Just to provide some background, you might want to look here. https://www.bogleheads.org/wiki/Trinity_study_update Check out the linked articles. I'd guess either Vanguard Retirement Income https://investor.vanguard.com/mutual-funds/profile/VTINX or Vanguard LifeStrategy Conservative Growth https://...
by RadAudit
Fri Jul 06, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Removing dead poison ivy
Replies: 24
Views: 1317

Re: Removing dead poison ivy

After you cut it, don't burn it to dispose of it.
by RadAudit
Fri Jul 06, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: Trend reversals?
Replies: 2
Views: 325

Re: Trend reversals?

Picking the right time to be a contrarian, to know when the trend is no longer your friend, is somewhere between extremely difficult and impossible. +1 it makes an unspoken case for wide diversification as opposed to performance chasing, +1 Being one of the truly lesser lights in the investment wor...
by RadAudit
Thu Jul 05, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: When is ok to change your IPS?
Replies: 21
Views: 1227

Re: When is ok to change your IPS?

"This statement will be reviewed whenever there is a substantial change in my financial situation, and annually when I rebalance. If there is no substantial change in my financial situation, I will wait at least three months between changing the asset allocation in my statement and changing the ass...
by RadAudit
Wed Jul 04, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 1655

Re: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]

I like John's recommendation for Vanguard to turn the three-fund portfolio into a one-fund portfolio, holding Taylor's three funds in market cap weighting in a single fund. Talk about the ultimate in simplification. Does anybody know what that would look like? I'm having a little difficulty visuali...
by RadAudit
Wed Jul 04, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 1655

Re: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]

I like the article pointing out we can't invest like Yale. (LBO and investment capital) So, the three find portfolio is sufficient. Seems like a good point.
by RadAudit
Tue Jul 03, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Continuing Care Community versus 55 + (no LTC and modest assets)
Replies: 61
Views: 3868

Re: Continuing Care Community versus 55 + (no LTC and modest assets)

My Mom lived alone for ten years after Dad died. One day her support network began to disintegrate. So at 80 or so she moved in to a CCRC near us. After a short period of time, she adjusted well. (It helped that a few of her life long acquaintances / friends were there also.) By the end of six month...
by RadAudit
Tue Jul 03, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Investing
Replies: 6
Views: 239

Re: Need Help Investing

Welcome to the forum.

Start here. https://www.bogleheads.org/wiki/Getting_started

Read the linked info, a few of the books, watch the videos.

Come back and ask questions early and often.

Best of luck.
by RadAudit
Tue Jul 03, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2179

Re: Two WSJ articles on comparing index and actively managed endowments

NYS pension fund, the third largest public employee fund in the country with over $200B in assets, has had multiple repeated "pay to play" scandals in recent years, where corrupt state pension officials accepted bribes of money, drugs, luxury vacations and jewelry from Wall Street salesmen. find it...
by RadAudit
Mon Jul 02, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2179

Re: Two WSJ articles on comparing index and actively managed endowments

There are many roads to Dublin. Quinnipac may be in the slower lane.
by RadAudit
Sun Jul 01, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Question on "If You Can, How Millenials Can Get Rich Slowly"
Replies: 30
Views: 3677

Re: Question on "If You Can, How Millenials Can Get Rich Slowly"

My SIL thinks the way to riches is collectibles (Franklin Mint plates), U-tube videos and playing on line video games. :oops: May be possible; but, it's not the way to bet.

If you get advice like that from your friends, run.
by RadAudit
Fri Jun 29, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6756

Re: Does It Make Sense to Wait to Claim SocSec?

nisiprius wrote:
Thu Jun 28, 2018 11:13 am
1) To a very rough approximation, it shouldn't matter.
Thank you.
by RadAudit
Thu Jun 28, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5711

Re: Keep calm and Boglehead on!

mhalley wrote:
Thu Jun 28, 2018 11:45 am
Wait, WHAT, the UNIVERSE is DYING??? Nooooooo :oops:
Not to worry!! Our part of the solar system will be long gone before that happens.
by RadAudit
Thu Jun 28, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: When does purchasing equities lose its marginal utility?
Replies: 48
Views: 2538

Re: When does purchasing equities lose its marginal utility?

Having lifetime income helps avoid the risks of living too long and reduces the need to withdraw as much from investments which helps further preserves them. I guess you can be confident and still be wrong e.g. you could live to 105 instead of say 90. True. But, we're adding what-ifs to the OP's qu...
by RadAudit
Wed Jun 27, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: When does purchasing equities lose its marginal utility?
Replies: 48
Views: 2538

Re: When does purchasing equities lose its marginal utility?

TheTimeLord wrote:
Wed Jun 27, 2018 4:27 pm
I am asking is there any marginal utility to putting any of the money beyond the million allocated 30/70 into equities if I believe a million allocated 30/70 is sufficient.
If what you have is sufficient, there's no use in putting more in to equities just to have more than you need.
by RadAudit
Wed Jun 27, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Do you/How do you stress-test your plan?
Replies: 29
Views: 1480

Re: Do you/How do you stress-test your plan?

Dandy wrote:
Wed Jun 27, 2018 7:15 am
have enough assets in .... bond funds to cover my current draw down needs for X years. For me I am able to do that to age 90 or 20 years. The excess is invested ....
+1

Don't know if it is a stress test; but, that's my approach.
by RadAudit
Wed Jun 27, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: When does purchasing equities lose its marginal utility?
Replies: 48
Views: 2538

Re: When does purchasing equities lose its marginal utility?

Earl Lemongrab wrote:
Wed Jun 27, 2018 2:46 pm
You or a family member might run into something that requires a new regular outlay of monthly spending that you didn't anticipate.
You're correct. Should of seen these things as likely possibilities. My bad.
by RadAudit
Wed Jun 27, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: When does purchasing equities lose its marginal utility?
Replies: 48
Views: 2538

Re: When does purchasing equities lose its marginal utility?

was just thinking this morning instead of using time trying to perfect my portfolio and plan time might be better spent understanding what my priorities are and should be entering this new phase of life. +1 Spoiler alert. It doesn't get any easier from here. I'm eight years in to retirement and new...
by RadAudit
Wed Jun 27, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14725

Re: How much (green) cash at home for emergency ?

Doomsday Boglehead threads are so entertaining. :sharebeer +1 Did I miss the discussion concerning how much in gold and silver coins one should keep hidden in case of a real emergency? I think we get $100 every week or so for walking around money (WAM) and assorted small purchases. Then we drive by...
by RadAudit
Tue Jun 26, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10352

Re: Lost out on promotion

Condolences.

While I was employed, I was never able to figure out the calculus of some promotions vs. others. Lots of moving parts. And sometimes, it is not necessarily what it appears to be.

Note my signature.
by RadAudit
Tue Jun 26, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14699

Re: Did you celebrate when you finally hit $1m?

Went out to eat at the local restaurant.

We were back and forth across that level so many times, I gained 10 pounds.
by RadAudit
Mon Jun 25, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5014

Re: How much of your taxable holdings is unrealized capital gains?

Retired, 71 years old. Taxable holdings have about 28% unrealized capital gains.
by RadAudit
Mon Jun 25, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: What Now With Down 2018 Market
Replies: 32
Views: 6250

Re: What Now With Down 2018 Market

I cannot recall a single day of movements that were anything but unexplainable -- meaning that there is no evidence to suggest that current movement can be extrapolated to conclusively determine the next. At least that is my observation. +1 If I recall correctly from what I think I read, a French m...
by RadAudit
Sat Jun 23, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 16
Views: 1399

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: 100
Views: 10753

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: 1109

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: 1211

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: 902

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: 1556

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: 204492

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: 17434

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: Personal Finance (Not Investing)
Topic: Charity giving how much? How much do other retirees give?
Replies: 44
Views: 3951

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: 2698

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: 10551

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: 3596

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: 14863

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: 51860

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).