Search found 24780 matches

by dbr
Sat Jan 20, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 160
Views: 9909

Re: Stats on When People Take Social Security

This too is our situation where my wife was a stay home mom so she has earned only a small amount towards her own SS, but I was under the impression that she would need to wait until FRA to ensure should would receive a whole 50% of my SS once I reach FRA. Note she is 2.5 years older so my plan was...
by dbr
Sat Jan 20, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Why can you only send dividends/capital gains from vanguard funds to your bank account at vanguard?
Replies: 5
Views: 240

Re: Why can you only send dividends/capital gains from vanguard funds to your bank account at vanguard?

Just as a comparison, all the dividends paid at any of my brokers (there are three) just go into sweep accounts and I manually move the money where I want or need it at any point in time. I really haven't bothered to investigate setting up anything else. Among all the possible places cash can reside...
by dbr
Fri Jan 19, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Quesiton about Bond Funds
Replies: 4
Views: 435

Re: Quesiton about Bond Funds

Example here is VBTLX as an example. I see the SEC Yield is 2.62% which exactly matches the current value of the 10 Year Treasury yield. However, I know that VBTLX holdings are not strictly 10 year but rather a mix of 64% Treasuries of varying lengths (2Y, 5Y, 10Y) and other types of bonds as well....
by dbr
Fri Jan 19, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance with parents retirement strategy
Replies: 3
Views: 371

Re: Assistance with parents retirement strategy

Questions:[/u][/b] 1. The 2015 and 2016 withdrawals were high due to one-time expenses (e.g., refurbishing a bathroom and other household expenses). Any recommendations on how to handle one-time expenses? Do you just try to lower your expenses in subsequent years to offset the high withdrawals? Sor...
by dbr
Fri Jan 19, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Forrester
Replies: 34
Views: 1580

Re: Alternatives to Subaru Forrester

Back to the topic of alternatives the Outback is quieter and better riding than the Forrester. For some people that would sway a decision. The Forrester is just marginally easier to enter and exit and see out of.
by dbr
Fri Jan 19, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Brokerage Tax Forms
Replies: 6
Views: 868

Re: Vanguard Brokerage Tax Forms

I went and looked at my TurboTax prepared tax returns and dividends and interest are reported by payer, where payer is an institution and not a fund. That is, the tax return totaled all the payments from all the funds held at that broker. There are separate reports for my wife and for me as we do no...
by dbr
Fri Jan 19, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Case For/Against Financial Advisor + Portfolio
Replies: 8
Views: 472

Re: Case For/Against Financial Advisor + Portfolio

Expected return on a portfolio is determined by what assets are held less costs. By assets one means stocks vs bonds and within stocks the distribution over factors such as US/International, size, value, etc. and for bonds duration and credit risk, etc. When you vary those factors you also vary the ...
by dbr
Fri Jan 19, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 9
Views: 392

Re: Inherited Stocks, Dividends, and Taxes

Thanks for the replies. Hypothetical calculation below, does this look correct? 1000 shares of ABC at a value of $9/share on date of death for total value of $9k. Date of Death was November 1st, 2016. Dividend pays on December 1st, 2016, for $90 total, buying 9 shares at $10 each. Other dividends p...
by dbr
Fri Jan 19, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 9
Views: 392

Re: Inherited Stocks, Dividends, and Taxes

Follow-up question, I am assuming the brokerage would send me the tax form with the numbers for taxes owed sometime during the January to March time frame after the stocks are sold. Is that correct? I am not too worried about the fine accounting, just if my general understanding is correct. I would...
by dbr
Fri Jan 19, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 9
Views: 392

Re: Inherited Stocks, Dividends, and Taxes

The dividend reinvestments are new purchases of stock that have their own basis if you sell then using specific lot identification. They will have their own gains and losses which would be short term if held less than a year. The amount of money involved is probably too small to bother doing any fin...
by dbr
Fri Jan 19, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 12
Views: 460

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

It makes no sense to look at those kinds of comments. If you know how your portfolio is distributed across size and value dimensions and read about what those mean, then you can decide for yourself what you want to do. The Vanguard description of your portfolio is baloney. In reality TSM holds growt...
by dbr
Fri Jan 19, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 47
Views: 4062

Re: 10 years expenses in FI

Thoughts? People should quantitatively evaluate whether or not there is actually a financial benefit to all this "engineering" before they decide to take comfort in it. Sleep factor is an over-rated, even meaningless, criterion for devising a retirement plan. There are much better routes to mental ...
by dbr
Fri Jan 19, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 86
Views: 3886

Re: What can I do to fight this ridiculous medical bill?

I would say go back to your insurance company to see if they can/will do anything and after that see if you can negotiate a reduction from the hospital.
by dbr
Fri Jan 19, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Invest or keep in cash
Replies: 1
Views: 416

Re: Invest or keep in cash

Savings for a house in two or three years should just be in cash. It is your (our) bad luck that interest rates are low right now. That also means the cost of borrowing money for a house is low right now. You should probably be thankful for that.
by dbr
Fri Jan 19, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 25
Views: 3698

Re: Someone Needs To Pay For What They Did (Advice sought)

I wouldn't approach the landlord to pay for it but instead would advise her, with backup, that it was done by her vendor while you were not at home. I'd let her know that I expect the maintenance company to pay the bill and ask if she wanted me to contact them or will she contact them on her own. I...
by dbr
Fri Jan 19, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 28
Views: 1249

Re: High Dividend Stocks as bond substitute?

Stocks are not bonds. Allocation should be set by need, ability, and willingness to take risk. Sometimes there are no cherries, only pits, in the bowl.
by dbr
Fri Jan 19, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 924

Re: How to step in?

DCA is a cover up for not knowing what you want your investment plan to be. The best fix for that is to read and learn and come up with a good plan that you understand. In the meantime it does make sense not to be hasty and to make the mistake of being too cautious rather than the mistake of being f...
by dbr
Fri Jan 19, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 47
Views: 4062

Re: 10 years expenses in FI

In a previous post that I cannot now find :oops: , the poster said he didn't have a true asset allocation. Rather, he kept ten years of living expenses in bonds, and the remainder of the portfolio in equity. I think he said this worked out to 80/20 for him. Another BH said this sounded like a good ...
by dbr
Fri Jan 19, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 47
Views: 4062

Re: 10 years expenses in FI

In a previous post that I cannot now find :oops: , the poster said he didn't have a true asset allocation. Rather, he kept ten years of living expenses in bonds, and the remainder of the portfolio in equity. I think he said this worked out to 80/20 for him. Another BH said this sounded like a good ...
by dbr
Thu Jan 18, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 160
Views: 9909

Re: Stats on When People Take Social Security

It should not be uncertain what the consequences of such decisions in each individual case are, but each person certainly gets to choose what consequences to sign up for. A lot or the discussion is about making clear the consequences more than telling people what they should do.
by dbr
Thu Jan 18, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends vs Capital Gains on Total Stock Market not reinvested
Replies: 4
Views: 388

Re: Dividends vs Capital Gains on Total Stock Market not reinvested

You want specifically to distinguish between capital gains distributions (note that last word) from a mutual fund and the capital gains (no third word) from you selling investments. Note distributions are always positive but plain gains can also be losses. You just can't be casual about terminology ...
by dbr
Thu Jan 18, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 128
Views: 5441

Re: Short Commute or Nicer House?

The financial cost of the commute. Do not underestimate this. You will probably be able to get by just fine with a single car in the city, and that car will be low mileage. In the suburbs, you’ll have two cars that you’ll be replacing on a regular basis. Also consider tolls and parking, if you’ll h...
by dbr
Thu Jan 18, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6830

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

There is also this as a consideration: https://www.bogleheads.org/support.htm not that I am a paragon of virtue in this department. It is a reminder that almost everything costs someone money.
by dbr
Thu Jan 18, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6830

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I cringe at the harsh tone that we (forum members) sometime use on these thread. Obviously not everybody uses a harsh tone. Perhaps you could identify the specific harsh tones that you have read here. I don't think that the posts here have 1% of the harshness that we generally reserve for insurance...
by dbr
Thu Jan 18, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 128
Views: 5441

Re: Short Commute or Nicer House?

It sounds to me like the short commute is also the nicer house, at least in the sense of neighborhood altogether. But then I abhor the "gated community" environment and really like the older neighborhood, maintenance and all. Then I live in a hundred year old house we really like. There has never be...
by dbr
Thu Jan 18, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2338

Re: Real Estate Versus Stocks

I think this is sort of a question like "is blue faster than red". Well, that depends. Which color is the Ferrari and which color is the Camry? That is a good way of putting it. Owning and managing real estate is not just picking a different mutual fund. That said, investing in real estate is a per...
by dbr
Thu Jan 18, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2338

Re: Real Estate Versus Stocks

Jack FFR1846 wrote:
Thu Jan 18, 2018 10:28 am
I think this is sort of a question like "is blue faster than red". Well, that depends. Which color is the Ferrari and which color is the Camry?
That is a good way of putting it. Owning and managing real estate is not just picking a different mutual fund.
by dbr
Thu Jan 18, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of conservative equity allocations?
Replies: 5
Views: 281

Re: Taking advantage of conservative equity allocations?

Obviously, more bonds provide greater buying opportunities... even if they don't happen often. I'm sure it's been looked at in the past but I can't find any postings. I'm not looking at rebalancing strategies (there's lots of that), just final value of various allocations... preferably real-world c...
by dbr
Thu Jan 18, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of conservative equity allocations?
Replies: 5
Views: 281

Re: Taking advantage of conservative equity allocations?

There are many, many papers written on rebalancing strategies that can be researched.

It is usually the case that portfolio optimization, withdrawal, and other studies assume constantly rebalanced portfolios in theory.
by dbr
Thu Jan 18, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor bequest question
Replies: 2
Views: 426

Re: Neighbor bequest question

None of this means that persons who would otherwise inherit the assets of the neighbor might not attempt to contest the bequest. I am not a lawyer and could not advise if more should or should not be done. I doubt the situation would be any different if the bequest were in a will because wills can b...
by dbr
Thu Jan 18, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1547

Re: London/Paris Trip Questions

I'm personally not a fan of hop on/hop off busses but some travelers are and if you are in London only for a few days that might be an option you want to consider. For a short visit I'd focus on Central London and save day trips like Stonehenge for another trip. Euro Disney is easily accessible by ...
by dbr
Thu Jan 18, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6830

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I am always a strong advocate for going to well written systematic discussion of a topic in addition to or even in preference to asking questions and getting open ended discussion on a forum. Forum discussion by its very nature can be diffuse, esoteric, and sometimes even contradictory. If this cour...
by dbr
Thu Jan 18, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2124

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The very language commonly used "outperforms" and "beats" is pejorative and betrays ignorance of what is involved in investing. Investing is not a football game or auto racing. The fundamental is return and risk as the properties of investments. One cannot be considered without the other. This is co...
by dbr
Thu Jan 18, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6830

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I am not going to advise someone not to spend $400 to get a start on good financial planning. I know it is not necessary to spend this money but it could also be that making a commitment in money also means a commitment to action. These days responsible financial advising, if this is such, is hard e...
by dbr
Wed Jan 17, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for Retiree
Replies: 9
Views: 729

Re: Portfolio Help for Retiree

Yes, the issue here is to know what you are invested in and how much money you would like to take out every year. You already feel comfortable that your savings will outlast your lifetime, so the idea that you want to preserve your principal needs to be elaborated. Are you saying that you want to ha...
by dbr
Wed Jan 17, 2018 11:29 pm
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing and bond maturity
Replies: 6
Views: 433

Re: Automatic rebalancing and bond maturity

I'm not sure how the calculus of duration of bonds has much to do with this. Seems like an important and basic concept for a new investor to learn, and particularly relevant when that investor writes, From what I understand, to receive the full value of a bond, it's important to hold to maturity. T...
by dbr
Wed Jan 17, 2018 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4627

Re: Vanguard Advisor Bullied Me

It is possible that if a person wants to draw down an account at the rate of $1700/month that this means using all the money in a fairly short term. In that case 60% or 80% bonds would be appropriate. What I see here is massive miscommunication regarding the nature of the relationship between the cu...
by dbr
Wed Jan 17, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 105
Views: 6037

Re: Looking for a reasonably priced, safe international destination

When my wife was young she read Europe on $5 A Day and resolved and succeeded at doing it at half that. I'm not going to say when that was, but I will say that isn't what we do now. I would probably admit to one hundred times that $2.50 a day now, all in, if not more. I will say there is some releva...
by dbr
Wed Jan 17, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing and bond maturity
Replies: 6
Views: 433

Re: Automatic rebalancing and bond maturity

The principle you are thinking of is that you should not hold a bond fund if your time horizon is shorter than its duration. If you hold a bond fund with a 5-year duration for 5 years, you will make up any losses from rate increases with the higher yields. For this purpose, your time horizon is the...
by dbr
Wed Jan 17, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2338

Re: Real Estate Versus Stocks

You should search the forum for many threads on real estate that may be of interest. https://www.google.com/search?sitesearc ... eal+estate
by dbr
Wed Jan 17, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4627

Re: Vanguard Advisor Bullied Me

I am new to investing via a brokerage account. Previously I had only an employer-sponsored IRA. I had been managing my own holdings in the IRA and averaged an 11% return. After opening a brokerage account last summer, I was automatically set up with a personal advisor who told me that I MUST get ri...
by dbr
Wed Jan 17, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 50
Views: 3023

Re: How to overcome the fear of spending money? (Buying a car)

Maybe you need conditioning therapy. Spend a few thousand on a fancy vacation. Then spend a few thousand on some new furniture. Go on like that a couple more times and build up. Take a cruise for $10k-12k. After a little while $30K for a car will just feel second nature. More seriously, I really hav...
by dbr
Wed Jan 17, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Bond investing for a very long retirement?
Replies: 35
Views: 2368

Re: Bond investing for a very long retirement?

Based on historical data the maximum withdrawal rate at "100%" success is not 100% stocks. 50/50 is probably closer to the optimum than 100/0 is. What is maximized at 100% stocks is the range of wealth left at the end of the retirement period, but that is a different objective. That is not true for...
by dbr
Wed Jan 17, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 50
Views: 3023

Re: How to overcome the fear of spending money? (Buying a car)

If you actually have a retirement plan that should include how much you are saving each year vs. spending. Your plan would tell you the impact of spending this money rather than saving it. The result would be in the form of what age you can reach retirement or what your retirement income can be expe...
by dbr
Wed Jan 17, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bond investing for a very long retirement?
Replies: 35
Views: 2368

Re: Bond investing for a very long retirement?

For me the hangup really is the bonds...I feel comfortable which stock index funds I am invested in. There are so many different angles as to how I should approach the bonds. Yes, bonds present so many choices that actually don't make much difference that one can wander around in there forever. It'...
by dbr
Wed Jan 17, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Retirement Planning
Replies: 3
Views: 595

Re: Vanguard Retirement Planning

. . . was directed to consult with a Vanguard Investment Advisor that charges .3%. Would appreciate direction to a web site that provides retirement information for a more reasonable price Thanks in advance That is disturbing. What do you really mean when you say "directed to consult . . ." Does th...
by dbr
Wed Jan 17, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1547

Re: London/Paris Trip Questions

1. Is it cheaper to purchase plane tickets and book the hotel online (e.g. Travelocity, Expedia etc.)? Or should I look for a travel agent here in the US to help. I would avoid all OTAs (online travel agents, such as Travelocity and Expedia). The problems that ensue when something gets upset and tw...
by dbr
Wed Jan 17, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: What to adjust now if not leaving a legacy?
Replies: 10
Views: 746

Re: What to adjust now if not leaving a legacy?

I guess as time goes on and you find yourself with increasingly more wealth you get rid of it by spending it. You can also give away increasingly more money, but that is cheating as current gifts and eventual legacy are not really distinct uses of wealth. The annuity approach solves the problem in t...
by dbr
Wed Jan 17, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1509

Re: Recent market gains

Keep in mind there is no money in the market because stocks are not money. What is happening is that the buyers of stocks are transferring money to the sellers of stocks, but there is not more money in total than before. However, that does not change the actual question as to who is giving up money ...
by dbr
Wed Jan 17, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Bond investing for a very long retirement?
Replies: 35
Views: 2368

Re: Bond investing for a very long retirement?

Maybe I am missing something. You have 3M in assets with a proposed 40k/yr draw? That isn't even a 2% withdrawal rate. The ERN chart shows 100% success rate for 60 years at a withdrawal rate of 3% even with a 50/50 portfolio. Why would you need to take it to 100% stocks? To give myself the extra cu...