Search found 3064 matches

by RadAudit
Fri Dec 14, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Grandma's Money
Replies: 8
Views: 954

Re: Grandma's Money

I am comfortable with selecting appropriate index funds, but would love a discussion about how they should be allocated since it wont be needed in the near future. My instinct would be to invest it somewhat aggressively, since the members of my Dad's generation already have their retirements figure...
by RadAudit
Fri Dec 14, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: Having the self-discipline to stay the course -- do you take pride in it?
Replies: 16
Views: 968

Re: Having the self-discipline to stay the course -- do you take pride in it?

No. Even after I sort of subscribed to the idea of "Stay the Course", there were many times (early Feb 2009 for one) when I seriously considered questionning the wisdom of that approach. So, no reason for pride in self-discipline on that count. It took too long and three attempts to find an asset al...
by RadAudit
Wed Dec 12, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Recession Coming
Replies: 49
Views: 5838

Re: Recession Coming

Do you deploy your dry powder now to get into the proper allocation or stay on the sidelines and wait it out? OK, if you know when the recession will start, how far the markets will drop, and when they'll recover, keep on the sidelines if your present value calculations show that it's in your best ...
by RadAudit
Wed Dec 12, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)
Replies: 13
Views: 1562

Re: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)

RadAudit wrote:
Mon Dec 10, 2018 1:39 pm
We'll see how it goes.
It looks like it went well, so far.
by RadAudit
Tue Dec 11, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Total Market Index or S&P500 index?
Replies: 17
Views: 2140

Re: Total Market Index or S&P500 index?

Welcome to the forum.

This is just a guess; but, I think that it would be easier to get the portfolio allocation you'd like using S&P as a core and then adding in the others as needed. Personally, I prefer the Total Stock Market for the diversification; but, I don't overweight.

Your choice.
by RadAudit
Mon Dec 10, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)
Replies: 13
Views: 1562

Re: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)

I don't know what happened in your case: but, Vanguard processed two additional RMDs in my case. OK, one of those was probably my fault. Should have waited. Monday phone calls to Vanguard ought to be fun. Called the nice folks at Vanguard. They said it'd take three or four business days to back out...
by RadAudit
Mon Dec 10, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7696

Re: To each his own ( I guess )

Indianrock wrote:
Mon Dec 10, 2018 8:09 am
Are we nuts?
I hope not. I'm retired, too. And, I've traveled some in the US and overseas a little bit, and plan to do some more. However, the older I get the more I've come to realize that there are entire continents I'm no longer interested in seeing.
by RadAudit
Mon Dec 10, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 16836

Re: Too Much Savings Regret

A final thought. Unless you ve been extraordinarily successful financially, you won t know whether you really have enough for retirement, even if you re spending just 2% of your nest egg annually. You ll only know at the end of your life when it s too late to make many changes. Thanks, bltn. +1 I'm...
by RadAudit
Sat Dec 08, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)
Replies: 13
Views: 1562

Re: Warning: Problem with Vanguard Automatic Transactions for 12/06/2018

Scheduled 2018 RMD was not processed as scheduled due to Bush holiday. Trying to find out when it will be done. I don't know what happened in your case: but, Vanguard processed two additional RMDs in my case. OK, one of those was probably my fault. Should have waited. Monday phone calls to Vanguard...
by RadAudit
Fri Dec 07, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Automatic Transactions for 12/06/2018 delayed a day (with backdating)
Replies: 13
Views: 1562

Re: Warning: Problem with Vanguard Automatic Transactions for 12/06/2018

Same problem. I called yesterday and took a previously scheduled RMD. I guess I'll find out in a little bit that I should have waited when Vanguard fixes the problem and another RMD is taken from the account.
by RadAudit
Thu Dec 06, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11800

Re: 20M Inheritance - What is best option for small/no risk on principal?

Doesn't the risk in a portfolio have to be a function of the goals of the individual (along with ability and willingness)? I don't remember what the OP wanted to do with the portfolio other than ensure its safety. If safety is the only concern, then a number of the replies may adequately address tho...
by RadAudit
Thu Dec 06, 2018 4:19 pm
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 11982

Re: Why Retirement Is Broken And Needs To Be Reinvented

IIRC, Merton has been pushing this idea of instruments that provide a guaranteed lifetime income for some time and that can be bought a little bit at a time like 401(k) monthly / bi-monthly contributions. Don't recall much additional discussion on it and I haven't seen much head way on implementing ...
by RadAudit
Thu Dec 06, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8456

Re: Solid my entire portfolio 12/3/18

Ah, the market timers' dilemma. Now that you've sold, when to get back in? The answer is now; but, be sure you choose an asset allocation that fits your need, ability and willingness to accept the risks necessary to meet your goals. Then stay the course. I've had the same AA for more than a decade -...
by RadAudit
Wed Dec 05, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Does the Yield Curve Really Forecast Recession?
Replies: 5
Views: 671

Re: Does the Yield Curve Really Forecast Recession?

IIRC, I remember the observation that an inverted yield curve predicted nine of the last five recessions. So, yep. It might.
by RadAudit
Wed Dec 05, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: To Invest or Not to Invest
Replies: 31
Views: 2316

Re: To Invest or Not to Invest

imsantosh wrote:
Wed Dec 05, 2018 6:35 pm

Target Retirement Income ... - not really sure, but at least 2M + ?
I'm not sure I'm reading that right. Do you mean an annual income of $2 million?
by RadAudit
Wed Dec 05, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 57
Views: 6693

Re: Empty nester downsizing - any advice?

FIREchief wrote:
Tue Dec 04, 2018 11:00 pm
Put everything at the street with a big "FREE" sign on it.
If "Free" doesn't work, put a sign on it that says "$25" and someone will steal it.
by RadAudit
Tue Dec 04, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?
Replies: 24
Views: 1430

Re: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?

Yes: but, it depends on your plans. There is a lot of chat about spending more than 1/2 your limit in any one month damages your credit rating. Don't know if that is still true or ever was. Additionally, you can ask the CU to raise your limit in a year or so. They usually do, when asked. I remember ...
by RadAudit
Tue Dec 04, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 120
Views: 10863

Re: Retirement itch- when did you get it?

I began to notice that work wasn't as much fun as it use to be when several things happened at about the same time. I was finishing up settling Mom's estate. I recognized I had hit my number (even without the contribution from Mom). I was eligible for social security. And the company's retirement pl...
by RadAudit
Sun Dec 02, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Which direction to go?
Replies: 8
Views: 892

Re: Which direction to go?

Welcome to the forum. OK, I'll volunteer to be living proof that almost anyone can self direct a 3 (or four or five) fund BH type portfolio. However, that said, it also sort of depends. How much investment background do you have? (Doesn't need to be formal education.) How much have you read? How lon...
by RadAudit
Sun Dec 02, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: The new tax law and charitable giving
Replies: 15
Views: 1576

Re: The new tax law and charitable giving

The revision in the tax law this year led me to look at QCDs (?) from the RMDs. Vanguard made it easy to initiate the QCD. The Vanguard reps made it easy to adjust the RMD to a lesser amount to compensate for the QCDs. (E-mailed the request. Completed within a day or two.) Now, if I can figure out h...
by RadAudit
Sat Dec 01, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Read 4 pillars, now tad confused
Replies: 2
Views: 535

Re: Read 4 pillars, now tad confused

We're all confused to one degree or another about something - some more than others. 1. If you don't understand them, don't buy / overweight them. 2. Probably not. 3. The bank account should be FDIC insured, if that is a concern. The MM, probably not. A classic four low cost index fund approach shou...
by RadAudit
Thu Nov 29, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: John Norstad website missing [The Fallacy of Time Diversification]
Replies: 8
Views: 1769

Re: John Norstad website missing [The Fallacy of Time Diversification]

My favorite line: The fact that some highly respected, justly admired and otherwise totally worthy professionals use this argument does not make it correct. Beware arguments anywhere hiding beneath the cloak of complexity. Maybe, if I could do the math, the argument wouldn't be hiding beneath a clo...
by RadAudit
Thu Nov 29, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with $6,000 in gold and silver?
Replies: 40
Views: 3323

Re: What would you do with $6,000 in gold and silver?

2. Hold onto it and forget about it. Years ago, Granddad use to give me a silver dollar every year on my birthday. (When they were a dollar.) Mom and Dad had a couple - as in two - 1 oz. gold coins. I've still got them around here somewhere. I guess the kids will get them when they finally settle t...
by RadAudit
Tue Nov 27, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8708

Re: How did YOU choose your career?

At least you had a thought process. But, since you asked ... Flunked out of the first school I went to. For the next school, Dad chose a subset of Industrial Engineering for me until I made up mind on what I wanted to study in college. Graduated before I decided. For grad school, I flipped a coin. A...
by RadAudit
Mon Nov 26, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Do I need a financial advisor?
Replies: 16
Views: 1393

Re: Do I need a financial advisor?

Don't know. Depends on how complicated your situation is. Look here https://www.bogleheads.org/wiki/Bogleheads%27_Guide_To_Investing Chapter 16 raises the same question. Might be a place to start. Some related threads. https://www.bogleheads.org/forum/viewtopic.php?t=248499 https://www.bogleheads.or...
by RadAudit
Sun Nov 25, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17189

Re: Vanguard lowering Admiral level to $3,000?

Haven't read the entire thread. Did anyone else get a call from Vanguard asking if you needed help in completing the conversion to Admiral shares? Since I'm not used to mutual funds calling me, thought I'd ask. My first attempt several days ago didn't go through. Today, apparently the computer glitc...
by RadAudit
Fri Nov 23, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4347

Re: "Investing" conversations at work

... we are all well educated, ... OP, thanks for your post and that throw away observation. It led to an interesting conversation with my son. I was bemoaning the state of education in America where it is possible to graduate from a university (up to at least a master's level) and be only marginall...
by RadAudit
Fri Nov 23, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9706

Re: What financial information do you share with your family and relatives?

most of their self-worth is tied into their salaries, their cars, the new tech gadgets they buy - That problem is probably more prevalent in parts of the USA than many realize. Could be related to the relentless advertising campaigns of some of these and other items - like $50k+ pick-up trucks, etc.
by RadAudit
Thu Nov 22, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: A bull market with low short term confidence
Replies: 8
Views: 1289

Re: A bull market with low short term confidence

I think everyone fears the next market crash. I think it has been that way for a few years now. Not to start an argument; but, ... It's not so much fear for some as it the feeling of eventually a downturn will happen. It probably won't be enjoyable. When it will happen or even if it has already sta...
by RadAudit
Wed Nov 21, 2018 7:22 pm
Forum: Investing - Theory, News & General
Topic: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?
Replies: 21
Views: 2243

Re: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?

many people direct dividends to their "spending account," such as a money market fund. I'd like to understand the rationale for this - for some reason it's not obvious to me, and I suspect I'm missing something obvious. I'm in retirement. I send the dividends from taxable assets to a MM. It helps a...
by RadAudit
Tue Nov 20, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5877

Re: The psychology of withdrawing from your portfolio

I'm several years (decades?) from retirement, but I am genuinely curious about the psychological experience of drawing down on one's portfolio. I'm quite fascinated by psychology and how the human brain works, so I'd just like to understand this. Could some of you elaborate on exactly what emotions...
by RadAudit
Mon Nov 19, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5877

Re: The psychology of withdrawing from your portfolio

I figured out how many years of SWRs I had in bonds and then I kept trying to convince myself I was OK. It's sort of working, so far.
by RadAudit
Mon Nov 19, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 22
Views: 2874

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

I'd love to hear from people in later years of retirement now, and what they have to say about their AA levels. I'd appreciate any help on making these decisions: 1. between automatic daily rebalancing funds, and DIY 3-4 Fund Portfolio 2. Choosing the "4 yrs Emergency expenses" backup described abo...
by RadAudit
Sun Nov 18, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 86
Views: 6352

Re: Cremation seminar – with complimentary lunch

A friend of mine who is a funeral director was fond of saying that two men would come with a pick-up truck, and if you didn't ask any questions, he could offer a real good rate.
by RadAudit
Thu Nov 15, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 20
Views: 2678

Re: Fisher Investments

Welcome to the forum.
steelerbacker wrote:
Thu Nov 15, 2018 12:39 pm
I was hoping to get some other peoples perspective on their interactions and hopefully history of using Fisher for just their retirement money.
You might want to use the Google search window on the thread title page for other BH Fisher Investments postings.
by RadAudit
Wed Nov 14, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Questions to late starters
Replies: 8
Views: 960

Re: Questions to late starters

I am not sure whether this is enough or not. I'd run a few numbers to see if I could get to the amount of money I needed by the time I wanted to retire. It's easier to hit a target if you know what it is. I am trying to see where I am standing comparing to my peer group Where you are compared to yo...
by RadAudit
Wed Nov 14, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Diving into DIY Investing
Replies: 1
Views: 288

Re: Diving into DIY Investing

Welcome to the forum. Congrats on the plan to simplify the portfolio. Timeline: Move funds out of Morgan Stanley into Vanguard IRAs in 2018. Roll his credit union CD into IRA when it matures in 2019. Roll her previous employer 401(k) into IRA when plan is unlocked in 2019. All good ideas Questions: ...
by RadAudit
Tue Nov 13, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: "What If You Retire At a Stock Market Peak?" - by Ben Carlson
Replies: 49
Views: 6095

Re: "What If You Retire At a Stock Market Peak?" - by Ben Carlson

Interesting read. But what does the nominal look like? Obviously 4% of 1MM is 40k, but if you can't live on 20K per year, and you're pulling 4% of 500k after a market crash, how does that look? Wouldn't you be pulling it from your bond allocation since, after stocks have tanked, it is overweight? I...
by RadAudit
Tue Nov 13, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29259

Re: [Financial] Habits of the Rich

I would have to debate calling most people here rich. To me, rich is at the level when you are well past the FIRE stage (Financial Independence, Early Retirement). …. So, say, you live in a high COLA region where top 1% income is 200K. And your assets are allowing for a withdrawal rate that is 3-5x...
by RadAudit
Mon Nov 12, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Managing RMDs
Replies: 10
Views: 1085

Re: Managing RMDs

Welcome to the forum. I've never had this problem. But, I'd guess that some folks would suggest that you draw down the IRA to lower taxes in anticipation of when RMDs finally kick in. Additionally, I would suspect they might suggest that you consider money to be fungible and consider your two portfo...
by RadAudit
Sun Nov 11, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29259

Re: Habits of the Rich

Bajadoc wrote:
Sun Nov 11, 2018 12:38 pm
Building personal wealth is one of the best things a person can do for ... their family.
Possibly. Just don't expect any expressions of gratitude for whatever sacrifices you have to make to achieve your goal.
by RadAudit
Fri Nov 09, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: The Perfect Portfolio for You
Replies: 27
Views: 4467

Re: The Perfect Portfolio for You

Good point.
by RadAudit
Thu Nov 08, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Would you still jump if you were ready, then the market dropped 50%??
Replies: 40
Views: 4709

Re: Would you still jump if you were ready, then the market dropped 50%??

I've been retired for eight years. Back then, I probably would of jumped in. However, thanks (?) to this forum, since then I've come across a few ideas that weren't on the radar at that time - you know, like planning :oops: Now, I wouldn't retire unless I had a sufficient number of years of residual...
by RadAudit
Thu Nov 08, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 136
Views: 11634

Re: Core-4 Investing is LIVE! It really is this time!

Now that all the threads are in the same spot, I'm just amazed at the strident opposition to a new (?) idea such as Core-4. Now, I'm not against spirited discussion; but, some of this is just my idea is better because I think so. Might have missed it; but, has anyone done a comparative analysis / ba...
by RadAudit
Tue Nov 06, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 15031

Re: How much money are you leaving your kids after you die?

What my perfect situation is to set up some charity to give away money each year and they can have a set salary to administer that charity. That way they make some extra money by WORKING and hopefully lets them see the benefits of helping those less fortunate. Good luck. No offence but that sounds ...
by RadAudit
Tue Nov 06, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 15031

Re: How much money are you leaving your kids after you die?

I don't know.* The probability is that I'll predecease my DW. I think I have enough for me / us to make it to the (my) end. After that, it all goes to the DW. She has no interest in investing and an ever increasing wish list of things to spend money on - the grandkids' education, more travel, more r...
by RadAudit
Tue Nov 06, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 36
Views: 4726

Re: E. Jones/Vanguard and now Fisher Investments

I'd ask what is the asset allocation of his proposed portfolio for my situation. The reason is that the asset allocation is probably responsible for 90% of the variance in the return of the portfolio, IIRC. I'd also ask him how to achieve the proposed asset allocation with the fewest number of funds...
by RadAudit
Mon Nov 05, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: Post FiRE job...teaching??
Replies: 33
Views: 3977

Re: Post FiRE job...teaching??

you think teaching HS (or younger) will be EASIER then college courses? lol Biggest chuckle of the day. From what I hear from my daughter who has been teaching at a high school for close to 15 years, teaching high schoolers is a very trying experience. You might want to teach at a place where the s...
by RadAudit
Sun Nov 04, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 136
Views: 11634

Re: Core-4 Investing is LIVE! It really is this time!

Mr. Ferri, thanks for the idea of Core-4.

Seems as if I've been almost a Core-4 investor for some time - and at least for me it's worked (so far).

Thanks again.