Search found 2931 matches

by RadAudit
Mon Aug 20, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you put away in investments?
Replies: 25
Views: 1802

Re: How much do you put away in investments?

Welcome to the forum.

IIRC for all of my working career, we invested about 12% of my pre-tax income every year. That include my 8% and a 4% employer match. Of course, I also got a pension so that was figured in to the saving rate for a number I wanted at retirement.
by RadAudit
Mon Aug 20, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investing - Feedback Needed
Replies: 4
Views: 308

Re: Vanguard Investing - Feedback Needed

However, being I don't mind doing the re-balancing myself each year, I'm thinking of moving my money into the individual funds to support a better return. I've been rebalancing my portfolio for a number of years. I'm just not sure an improvement of 0.07% in the annual return is either the reason I'...
by RadAudit
Mon Aug 20, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 38
Views: 2854

Re: Retirees: Timing your withdrawals

One a year in first week of January , I withdraw and re balance my portfolio. +1 So far it seems to be working. With SS and a small pension, part of the RMD has been all we've needed so far. Although, of late, DW has discovered one can check off bucket list items via cruising and enjoy the trip, too.
by RadAudit
Mon Aug 20, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active’s Surprising Survival
Replies: 11
Views: 753

Re: Larry Swedroe: Active’s Surprising Survival

Maybe active management is somewhat like second marriages - the triumph of hope over experience.
by RadAudit
Sun Aug 19, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: dollar cost averaging
Replies: 14
Views: 1249

Re: dollar cost averaging

Welcome to the forum. This topic has numerous threads. IIRC, the generally accepted answer is to dump the total amount into the portfolio IAW your selected asset allocation, if you want to earn the highest return long term. Dollar cost in if you might have a severe case of buyers remorse if the mark...
by RadAudit
Thu Aug 16, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3224

Re: Help with inheritance choice

I’m surprised that someone went for the inherited IRA Well, now that I look at my original answer and reconsider it based on the various other inputs, so am I. The surprise that one experiences when what you thought was a good answer turns out not to be all that good is part of the learning process...
by RadAudit
Wed Aug 15, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3224

Re: Help with inheritance choice

I am still trying to figure out if 1 mil in IRA is a better choice than 1 mil with no tax. $1 million (the bank account) is worth more than ~~$600,000 (the TIAA account after taxes). Minty is probably correct. I made a WAG that inheriting an IRA and only paying taxes on the RMDs - and keeping the r...
by RadAudit
Wed Aug 15, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3224

Re: Help with inheritance choice

Welcome to the forum. I'm 71. I'm hoping my kids will inherit what ever is left in my IRA and keep (most of) it there [well,actually it'll be an inherited IRA to them] and take the RMDs as required. They are can invest what's left from the RMDs after taxes each year in their own already established ...
by RadAudit
Wed Aug 15, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Mark Cuban bullish on Netflix and Amazon
Replies: 19
Views: 1784

Re: Mark Cuban bullish on Netflix and Amazon

Did you watch the video? No Cuban is a pretty successful dude. Yes He's made a lot of good bets in his life. Yes It's still not my approach because I'm not bright enough or quick enough to figure out how / if to take advantage of his recommendations. Bet with him? How much? For how long? Or, bet ag...
by RadAudit
Tue Aug 14, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: Mark Cuban bullish on Netflix and Amazon
Replies: 19
Views: 1784

Re: Mark Cuban bullish on Netflix and Amazon

WanderingDoc wrote:
Tue Aug 14, 2018 9:42 pm
Thoughts?
I'm happy for him. Wish him the best of luck. It's just not my approach.
by RadAudit
Tue Aug 14, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: How do index funds affect stock valuations?
Replies: 16
Views: 1084

Re: How do index funds affect stock valuations?

Esq123 wrote:
Tue Aug 14, 2018 3:21 pm
So if I drop say 50-100k in an index fund will this have any affect on stock prices for the day?
Generally accepted answer: No.
Esq123 wrote:
Tue Aug 14, 2018 3:21 pm
n contrast, if I sell my entire portfolio of index funds will this in any way affect the market?
Generally accepted answer: No.
by RadAudit
Tue Aug 14, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy/Portfolio Suggestions and Opinions
Replies: 2
Views: 262

Re: Investment Strategy/Portfolio Suggestions and Opinions

Just an idea. Take a look a look inside your current target date funds and see what funds make up those target date funds. With VG it should be fairly straight forward. Remember you can approximate a VG Total (US) Stock Market fund with a S&P and an extended market fund held in about an 80 /20 ratio...
by RadAudit
Mon Aug 13, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4358

Re: How to have “what if” discussion with retired parents?

What I do object to-strongly-is adult children taking it on themselves to decide that quite functional adults need their wisdom and advice regardless of how these quite functional adults are managing THEIR lives and THEIR money. I agree that would be a little difficult to listen to. But, I would al...
by RadAudit
Sun Aug 12, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: 3 funds now, or start off with 2?
Replies: 17
Views: 1118

Re: 3 funds now, or start off with 2?

View all the separate accounts (401k, Roth) as one account when determining your desired asset allocation. You now have 20k and invest 7k per year - if I can add correctly. Either of the two or three fund approach is OK. A single target date fund is OK, too. The key is to start. But within two or th...
by RadAudit
Sun Aug 12, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: When is leaving your job that pays well a good idea?
Replies: 74
Views: 6931

Re: When is leaving your job that pays well a good idea?

It's a good idea to leave when the boss asks you to do something that's illegal, immoral or fattening. Or you get a better gig.
by RadAudit
Sat Aug 11, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: New to the Vanguard approach and in mid 40's - how would you start?
Replies: 13
Views: 1213

Re: New to the Vanguard approach and in mid 40's - how would you start?

Welcome to the forum Start here https://www.bogleheads.org/wiki/Getting_started Have a Vanguard advisor for the .3% because that is probably 1/3 to 1/4 less than I'm paying now and have that Vanguard advisor assist in the transition of monies and the set up of all the necessary accounts with Vanguar...
by RadAudit
Sat Aug 11, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Sucking up to make more money?
Replies: 46
Views: 1994

Re: Sucking up to make more money?

Too many variables to make it a viable strategy for long term wealth accumulation.
by RadAudit
Fri Aug 10, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Comfortably Retired and charity giving?
Replies: 25
Views: 1978

Re: Comfortably Retired and charity giving?

I plan on buying my way into the promise land on my last trick by donating 100% of my estate to charity. I'm told that isn't the approved solution to the problem. Don't know for sure. YMMV :happy what percent of your estate do you plan to leave to charity? 0%. I'm on a pay as you go plan. The estat...
by RadAudit
Wed Aug 08, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 3922

Re: radon mitigation exposure concern, are we at risk?

mmmodem wrote:
Tue Aug 07, 2018 7:17 am
There is no safe level of radon.
+1

However, there is a level at which the risk from radon is well within the level of risks from the hazards of normal everyday activities.
by RadAudit
Sun Aug 05, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why international?
Replies: 26
Views: 2106

Re: Why international?

If you're equity asset allocation is anything outside of world market cap, you're making a bet. You're essentially saying you know more than other investors. https://m.youtube.com/watch?v=LwTHLtuToSY +1 Or, you are saying I may not know more than all the other investors combined; but, I have my own...
by RadAudit
Fri Aug 03, 2018 9:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: How did you become a Boglehead?
Replies: 53
Views: 3457

Re: How did you become a Boglehead?

It was a long journey. Too long. Graduated in '71. For the next 20 years I was heavily influenced by my Dad's investment approach (financial newsletters' recommendations, etc.). Fortunately, I didn't have much money. Actually, the only funds I had to invest were in Minorcorp's 401(k) plan and all th...
by RadAudit
Fri Aug 03, 2018 7:16 am
Forum: Investing - Help with Personal Investments
Topic: New here and looking for investing advice...
Replies: 7
Views: 282

Re: New here and looking for investing advice...

Welcome to the forum I have been leaning towards a total U.S. market fund, a total international market fund, and small cap value tilt. I'm not sure if that's the best route for me to take so any advice and suggestions would be greatly appreciated. Good instincts. You might want to consider adding a...
by RadAudit
Wed Aug 01, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Matter/Scatter Part 5: International stocks
Replies: 12
Views: 1618

Re: Matter/Scatter Part 5: International stocks

Nice work. Thanks for the posts.
by RadAudit
Wed Aug 01, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: How Often to Adjust Target Asset Allocation
Replies: 10
Views: 798

Re: How Often to Adjust Target Asset Allocation

Since you asked, IIRC I've been at 50 / 50 for the last 8 years (at least) since I retired. I'll go to 40 / 60 when I get tired of spending one hour a year to rebalance a four fund portfolio. That might be in another 5 to 10 years.
by RadAudit
Wed Aug 01, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Is it necessary to have multiple international funds?
Replies: 21
Views: 933

Re: Is it necessary to have multiple international funds?

You'll probably have overlap. That is, you'll probably have a number of the same stocks in both funds. Additionally, overweighting UK or Japan is assuming geographical and sector (?) risk - one country's stock market will perform better than the other countries in the international scene and the com...
by RadAudit
Wed Aug 01, 2018 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Choosing a trustee
Replies: 29
Views: 1988

Re: Choosing a trustee

bigdav160 wrote:
Sat Jul 28, 2018 1:21 pm
the moral of the story is you cannot trust anyone.
+1
by RadAudit
Tue Jul 31, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Financial upside / downside of marriage vs cohabiting
Replies: 74
Views: 5810

Re: Financial upside / downside of marriage vs cohabiting

The divorce rate is not as bad as you think, and I expect you’d find the median length marriage is a lasting one. I also don’t know how many multiple divorcees are inflating the stat you cite. Thanks for the link and its imbedded links. The myth that 50% of marriages end in divorce has been hooey f...
by RadAudit
Mon Jul 30, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9362

Re: Tips for staying active / injury-free into older age

Piper59 wrote:
Mon Jul 30, 2018 2:22 pm
when it comes to health and fitness a person has to keep at it religiously and consistently to stay the course!! C
As I discovered in the "fat class" [diabetes risk reduction / mitigation], the only problem with a lifestyle change is you have to do it for the rest of your life.
by RadAudit
Mon Jul 30, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9362

Re: Tips for staying active / injury-free into older age

Thanks for the link his is just the latest (published last week) in peer-reviewed scientific studies which provide evidence that these healthy lifestyle habits extend lifespan. Love the discussion - . In 2014, the life expectancy for American adults at age 50 years was 33.3 years for women and 29.8 ...
by RadAudit
Sun Jul 29, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9362

Re: Tips for staying active / injury-free into older age

As a member of the over 70 set, I doubt if a healthy lifestyle would materially increase longevity. At least, I don't recall any large studies tracking the relationship for the over 70 set. Might make the rate of decline a lot sharper and a lot later vs. a longer steady decline before you hit your n...
by RadAudit
Sun Jul 29, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Wood Tile Floor vs Luxury Vinyl Plank
Replies: 7
Views: 678

Re: Wood Tile Floor vs Luxury Vinyl Plank

We replaced the 30+ year old carpet throughout the downstairs of our 1730 sq. ft. "starter home" with luxury vinyl planking about seven months ago. [The snap together type.] We haven't noticed any scratches from normal use. Yes, you can probably tell the difference in the looks of LVP and wood tile....
by RadAudit
Sat Jul 28, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Updating wills - when do they need to be more complicated?
Replies: 13
Views: 1197

Re: Updating wills - when do they need to be more complicated?

James1 wrote:
Sat Jul 28, 2018 12:22 pm
we also worry about their long term financial health if they inherit a large sum so young.
We went to a will that transferred things to a trust when one of the kids was in her first marriage (could see what would happen next from a long ways off) and both of our kids were under 30.
by RadAudit
Sat Jul 28, 2018 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6365

Re: Retirees: how much cash?

About, one month's expenses in checking. < 3% in MM and short term bonds, just in case.

The money in MM and short term bonds approximately equals the one year's expenses net of a small pension, a little RMD (less taxes and reinvesting) and SS.

Apparently, YMMV.
by RadAudit
Fri Jul 27, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Nailing Down Income Requirement in Retirement
Replies: 37
Views: 3593

Re: Nailing Down Income Requirement in Retirement

I've been retired for eight years. When I retired, I budgeted a number that showed no decrease in pre-retirement income and increased 3% / year for inflation thereafter. Somehow, it all gets spent. Now, with RMDs coming in, the difference (overage) between income and budgeted is re-invested in a tax...
by RadAudit
Fri Jul 27, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Declining Years
Replies: 22
Views: 4705

Re: Declining Years

Is anyone else concerned about decline in the capacity for good financial decision making as they reach their 70's & 80"s? Yes. I'm 71. I'm planning to go to a single fund portfolio in a little while. Simplifying from a four fund portfolio when the 1 hour a year I spend rebalancing gets laborious. ...
by RadAudit
Thu Jul 26, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?
Replies: 45
Views: 3649

Re: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?

Lauretta wrote:
Thu Jul 26, 2018 12:47 am
do you have any counter-arguments to this?
Not necessarily a counter argument; but, it sure may be a reason to avoid a narrowly diversified fund and / or some single stock investments [FB, yesterday].
by RadAudit
Wed Jul 25, 2018 6:46 am
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 2953

Re: Interesting Take on the 3 Fund Model

Welcome to the forum.
centennialstate wrote:
Wed Jul 25, 2018 12:28 am
Thoughts?
You might want to do a little more reading before you implement your plan. https://www.bogleheads.org/wiki/Getting_started

But, if not, best of luck. Let us know how it works out.
by RadAudit
Tue Jul 24, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Legacy across generations......
Replies: 66
Views: 4199

Re: Legacy across generations......

First, congrats on your good fortune Look into the concept of "per stirpes" (I think that's the spelling). It's a legal principle - basically a default way of splitting inheritances across various generations. If the estate will be primarily financial assets vs. land, etc., I'd vote for per stirpes....
by RadAudit
Mon Jul 23, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Considering getting out of Wellington Fund(admiral)
Replies: 12
Views: 1519

Re: Considering getting out of Wellington Fund(admiral)

Some people love it. Apparently you aren't one of them. Never looked at it.

I've been using total index funds for a number of years. And, I get to blame myself when the returns aren't as high as I'd like because I chose the AA. :happy
by RadAudit
Mon Jul 23, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 65
Views: 6238

Re: I want to sell my home, but I don't want to fix it up

See if you can find a real estate agent / company that uses a contractor to repair rental property and / or do fix up for homes needing to be sold. DW found a contractor that way through a friend that provided a lead. In our case, he worked fast, did good work, and was reasonably priced.
by RadAudit
Mon Jul 23, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio for potential inheritance
Replies: 8
Views: 730

Re: 3 fund portfolio for potential inheritance

Based entirely on your description of your Mom'sage, prior experience and current skepticism, I'd go with either a 30 / 70 stock / bond ratio or a 20 /80 stock / bond ratio if you're going 3 fund. If you want, you can split the stocks either 80 /20 domestic / international (Taylor's 3 fund) or 60 /4...
by RadAudit
Sat Jul 21, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: I dont know how to spend money
Replies: 39
Views: 5131

Re: I dont know how to spend money

Buy what you need. Don't buy stuff you don't need. Once you buy it, wear it out. I'm going through my DS' closet in anticipation of the remodelers arriving on Monday. We're donating suits that are lightly used / worn, sweaters, coats, books, DVDs, etc., etc. The amount of money represented by this s...
by RadAudit
Sat Jul 21, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: How to make inherited Roth last longer?
Replies: 9
Views: 1317

Re: Inherited Roth - how to make it last?… (allocations /RMD w 4 funds)

My question would be how to adjust that inherited Roth, so it lasts as long as possible. Another thing to consider. RMDs are designed to drive a tax sheltered portfolio to near zero over some timeframe. That's OK. What you may want to consider, is re-investing whatever is left over - after taxes on...
by RadAudit
Thu Jul 19, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7190

Re: How do you handle the urge to DO something?

Lay down until the feeling passes.
by RadAudit
Thu Jul 19, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: BH- Need advise for 45 year old
Replies: 22
Views: 1968

Re: BH- Need advise for 45 year old

smby wrote:
Thu Jul 19, 2018 5:28 pm
my fearful part says that I should minimize my risk and take some chips of the table.
Go with your gut.
by RadAudit
Thu Jul 19, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Selling mom's house
Replies: 50
Views: 4077

Re: Selling mom's house

living in resentment will only give you further pain. +1 My wife went through something similar with the division of an estate after the death of her parents. I agree with the recommendations to get your name off the deed and walk away. And, once you do, don't hold a grudge. I doubt if what you'd n...
by RadAudit
Wed Jul 18, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Brand New Investor/ Please Help!
Replies: 8
Views: 709

Re: Brand New Investor/ Please Help!

Welcome to the forum Take a look at the Total Stock Market Index and the Total World Stock Market Index funds. I believe there maybe a significant overlap in stocks held between the two funds. If so, you don't need both funds. If you have access to a Total International Stock Market fund, you can ho...
by RadAudit
Wed Jul 18, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: [A Splendid Exchange, by William Bernstein - on sale for Kindle]
Replies: 19
Views: 1951

Re: Splendid Exchange Kindle Sale

I read it a little while ago. Interesting, informative, and enjoyable read.

IIRC, interesting nuggets on pepper, coffee, camels, etc. It's difficult to find a book nowadays that combines these and other items in an easily readable experience.
by RadAudit
Wed Jul 18, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 206
Views: 33577

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I had forgotten the portfolio efficiency benefit (risk/return ratio) of the three fund portfolio. Thanks for mentioning Norstad's proof. I'll have to look at it again. And I also like the included reference to Sharpe's paper (Arithmetic of Active Management). I have a copy of that. One of my favorit...