Search found 22916 matches

by dbr
Sun Sep 24, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

My current allocation is about 80% stocks, 20% bonds and CD (50/50). I plan to retire in 2 to 5 years, dependent upon a few things going on. My new contribution is 35% stocks, 40% bonds, and 25% CD (actually TIAA traditional). I plan to have an approximate allocation of 70~75% stocks, and 30~25% fi...
by dbr
Sun Sep 24, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

My current allocation is about 80% stocks, 20% bonds and CD (50/50). I plan to retire in 2 to 5 years, dependent upon a few things going on. My new contribution is 35% stocks, 40% bonds, and 25% CD (actually TIAA traditional). I plan to have an approximate allocation of 70~75% stocks, and 30~25% fi...
by dbr
Sun Sep 24, 2017 4:43 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

There is no one surefire answer. One thing to consider if you ask your family physician for a recommendation is are they a member of a large physician group practice.?They tend to refer within their group. A good, but not foolproof way, is to ask an employee of a hospital. For surgeons ask an or nu...
by dbr
Sun Sep 24, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Research Associates Model Portfolios: ZERO % US stocks
Replies: 13
Views: 859

Re: Research Associates Model Portfolios: ZERO % US stocks

There are models for calculating optimum asset allocations at any point of time which can easily generate extreme positions including holding short positions as in the above. Often the recommended asset allocation changes by huge amounts from one time to the next. You can run a model such a Financia...
by dbr
Sun Sep 24, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 68
Views: 5040

Re: Help?! My 70 year old father is 100% invested in equities

The bigger epiphany for me from this thread is the idea of counting SS, pensions and even emergency fund/cash reserves as part of your AA. That is blowing my mind. I'm about 85/15 stocks/bonds across all my accounts all-told, but my wife and I will both have government/public school pensions (respe...
by dbr
Sun Sep 24, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Quick social security question
Replies: 3
Views: 517

Re: Quick social security question

Someone please correct this if it's wrong. According to what I've read, if the wife files for spousal benefits before FRA (66) she will be "deemed" to be filing for both her own and her husband's benefit. The amount that she will receive will be permanently reduced, and since she is deemed to have ...
by dbr
Sun Sep 24, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation + DCA Advice
Replies: 9
Views: 642

Re: Asset Allocation + DCA Advice

Howdy Bogleheads! I am new& late to investing. Over the past few months I read many articles from bogleheads wiki and have gone through the following books: Bogleheads guide to investing, A random Walk down the Wall Street, Unconventional Success, Larry Swedroe's investing book and am comfortable w...
by dbr
Sun Sep 24, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Help
Replies: 3
Views: 241

Re: 401k Help

What is to understand about the fees is that they are criminally high. Even so and without employer match it is still worthwhile to build tax deferred assets. Hopefully you move to a different employer or they a adopt a better plan. I suspect the S&P 500 fund and maybe the stable value fund might be...
by dbr
Sun Sep 24, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Cash + LT Munis = IT Munis?
Replies: 6
Views: 269

Re: Cash + LT Munis = IT Munis?

It depends. In one case you have a "level" strategy. What you are building is a "barbell" strategy. Assuming equal duration, a barbell strategy works better if short term rates increase faster than long term rates. If short and long rates move up equally then both strategies work equally as well. I...
by dbr
Sun Sep 24, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 19
Views: 912

Re: What's the purpose of having a child's name on a deed?

Is it not the case that letting the children own the house and not the parents, implemented before the five year look back, allows the children to keep the value of the house rather than have it spent down if the parents go on medical assistance? I know a family where exactly that was implemented. A...
by dbr
Sun Sep 24, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 65
Views: 2730

Re: Spouse Money Management

Over 38 years of marriage my spouse and I earned quite different incomes. Mine wasn't always the larger, but most of the time it was. We never, ever needed a rule or discussion about now to divide up money. There was one exception to that. She got a small inheritance from her family and just for wha...
by dbr
Sun Sep 24, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Cash + LT Munis = IT Munis?
Replies: 6
Views: 269

Re: Cash + LT Munis = IT Munis?

I think it is fine, but I would just think that it is fine rather than trying to rationalize it.

As I understand it the concept of average duration of a fund comprising bonds of a wide range of maturities is technically valid with some caveats and nuances.
by dbr
Sun Sep 24, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 41
Views: 1313

Re: Do you subscribe to digital newspapers?

I was tipping the carrier as part of the monthly bill. I deleted the tip when customer service informed me that the old standard had been changed "long ago." The payment system was another thing we had to change. It's annoying to have to pay the delivery guy monthly in person. Far better to pay a y...
by dbr
Sun Sep 24, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: a really beginner question [Why are the fund prices different?]
Replies: 11
Views: 1060

Re: a really beginner question [Why are the fund prices different?]

I was thinking of buying a share of BRK-A. One share would just fit my allocation target for that asset.

Mr. Buffett's comments about the price of the stock and the creation of BRK-B are interesting.
by dbr
Sun Sep 24, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 41
Views: 1313

Re: Do you subscribe to digital newspapers?

Recently the standard for delivery is "tossed anywhere it lands inside your property line" rather than "delivered to your doorstep." At least it got delivered. :D Your comments remind me of some delivery woes of the past. New York Times, I'm talking to you. Their non-deliveries were more frequent t...
by dbr
Sun Sep 24, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Books
Replies: 6
Views: 568

Re: Warren Buffett Books

I m afraid based on the minimal responses that books about Warren Buffett may not be popular or on the must read list. I have read a bit about Buffett and also selections of his stock holder meeting notes. I think Mr. Buffett is an amazing man and reading about him is fascinating. I think there is ...
by dbr
Sun Sep 24, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 65
Views: 2730

Re: Spouse Money Management

Anything like this that rises to the level of needing a system means this couple is not compatible. Yup. It wouldn't matter if she made as much as you do. The issue is not finding a system because no system will get around the basic incompatibility on this issue. It is just compounded by the the in...
by dbr
Sun Sep 24, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 68
Views: 5040

Re: Help?! My 70 year old father is 100% invested in equities

A few thoughts: 1) I don't like the idea of "capitalizing" pensions/SS as bonds. Instead, simply subtract those amounts off the required annual spending during retirement. If you'll have $40,000 a year in today's $s in pensions/SS, and your spending requirements in retirement will be $100,000/year ...
by dbr
Sun Sep 24, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 68
Views: 5040

Re: Help?! My 70 year old father is 100% invested in equities

My real point is that no matter how simplistically we account for entitlements, any method is far better than not accounting for them at all, which is guaranteed to produce a very distorted AA. While saying: "I don't like the logic of how you do it" has some value, there is much greater value in su...
by dbr
Sun Sep 24, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

KlangFool wrote:
Sun Sep 24, 2017 1:09 pm

dbr,

It is very simple.

Can you trust a person's answer when he/she would not tell you the limit of his/her knowledge/ignorance?

KlangFool

Thanks.
by dbr
Sun Sep 24, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 65
Views: 2730

Re: Spouse Money Management

Anything like this that rises to the level of needing a system means this couple is not compatible. I thought this was a common problem for couples and they usually figure it out. Can you elaborate? Yes. My conclusion is in the part about needing a system. It may be a common problem. If it can be r...
by dbr
Sun Sep 24, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Transition to new health insurance company - cautions?
Replies: 9
Views: 497

Re: Transition to new health insurance company - cautions?

I have one family member who is staying on Cobra for now because there is so much uncertainty and so much upset in implementation of ACA in this state. There is a possibility of insurance as a benefit next year. I have another family member who is now covered by four independent insurance plans beca...
by dbr
Sun Sep 24, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 235
Views: 22952

Re: Calling out the not so rich bogleheads

Relatively new member here and here is my observation. I think for the relative high networth, high income people, there are not many real life forum one can exchange ideas/experience without putting a target on his/her back. This forum is naturally a great place for that demographic, and it shows....
by dbr
Sun Sep 24, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 68
Views: 5040

Re: Help?! My 70 year old father is 100% invested in equities

Well, since you don't like the logic of how I account for income streams, why don't you describe a practical method of how you suggest we should account for them. My real point is that no matter how simplisticly we account for entitlements, any method is far better than not accounting for them at a...
by dbr
Sun Sep 24, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 235
Views: 22952

Re: Calling out the not so rich bogleheads

I think many of the high net worth folks that are posting used to be low net worth folks and also had low incomes when they were younger. That is, they were "not so rich" earlier in their lives. Yes, I suggested that as well. But, there are also occasional threads where someone is 40 years old and ...
by dbr
Sun Sep 24, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 14
Views: 1496

Re: "My Favorite Mutual Fund"

A counterpoint. Not mine. I hold Total stock index and a mild tilt to small value. http://www.servowealth.com/blog/this-aint-good. Venkat That concentration is an interesting observation. Simply observing the fact is not sufficient to decide if this is a problem for investors or what choice would b...
by dbr
Sun Sep 24, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 14
Views: 1496

Re: "My Favorite Mutual Fund"

The age in bonds guideline would make my favorite fund the Total Bond Market index, VBTLX/BND. At age 70, I am younger than Taylor. An assumption would be Taylor's choice is because he would be investing for his heirs. It is a good thing to get the good news out there, but . . . . . . it is kind of...
by dbr
Sun Sep 24, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 22
Views: 979

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

My point of view is that avoiding AWD is not worth saving $1500.
by dbr
Sun Sep 24, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

https://blog.intercom.com/the-orange-juice-test/ OP, I use "The Orange Juice Test" for the expert in any field. This works even in an area that I am not familiar in. KlangFool I get the test. I am a little in the dark about how that applies to finding and choosing a good physician. As an aside, I a...
by dbr
Sun Sep 24, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 235
Views: 22952

Re: Calling out the not so rich bogleheads

It's not my opinion, it's a measurable fact. I don't think the stated fact that the income and then subsequently the wealth inequality in the US is exceedingly high is political. It's a fact. It's the reason that so many people have so little saved and occasionally there are some "oh my gosh I can'...
by dbr
Sun Sep 24, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 41
Views: 1313

Re: Do you subscribe to digital newspapers?

I like a newspaper on paper. We subscribed to the NYT until we noticed how much recycle we were generating and couldn't justify it. In my area, the local animal shelter asks people to save and donate their newspapers. I think they use them as padding with towels on top of them in the cages. It come...
by dbr
Sun Sep 24, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 65
Views: 2730

Re: Spouse Money Management

Anything like this that rises to the level of needing a system means this couple is not compatible.
by dbr
Sun Sep 24, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Transition to new health insurance company - cautions?
Replies: 9
Views: 497

Re: Transition to new health insurance company - cautions?

Be sure all your providers file claim with the correct insurance.
by dbr
Sun Sep 24, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

Consider some of each mitigates the risk of each. Specifically bonds mitigate the volatility of stocks and stocks mitigate the lack of return of bonds. What that says is that when one invests one selects a portfolio in which the return has the statistical distribution which best fits the objectives...
by dbr
Sun Sep 24, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

https://blog.intercom.com/the-orange-juice-test/ OP, I use "The Orange Juice Test" for the expert in any field. This works even in an area that I am not familiar in. KlangFool I get the test. I am a little in the dark about how that applies to finding and choosing a good physician. As an aside, I a...
by dbr
Sun Sep 24, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

My physician recently retired. I switched to my wife's physician. She was recommended by a neighbor who is a physician but whom we know well enough to trust for both judgement and ethics. One test of both my previous and present physicians is that they take seriously any discussion we bring up with ...
by dbr
Sun Sep 24, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 41
Views: 1313

Re: Do you subscribe to digital newspapers?

I like a newspaper on paper. We subscribed to the NYT until we noticed how much recycle we were generating and couldn't justify it. We subscribe to the local paper. It is a lousy paper of almost no content. Recently the standard for delivery is "tossed anywhere it lands inside your property line" ra...
by dbr
Sun Sep 24, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

To justify owning a bond fund in a rising interest environment: For a bond fund with 5 year duration, e.g., if the interest rises 1%, the value of the bond fund decreases 5%. But if you hold the fund for 5 years, you get it even since the fund pays a higher interest rate. The same thing can be said...
by dbr
Sun Sep 24, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

OK. now that we have three posts including my own that say that equities are riskier, I will add that if you are retired and withdrawing from a portfolio and that if risk is defined as the possibility of running out of money before you die, then holding all bonds is riskier than holding all stocks.
by dbr
Sun Sep 24, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 49
Views: 2484

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

nimo956 wrote:
Sat Sep 23, 2017 10:52 pm
I'm not a doctor, but someone once told me to ask an anesthesiologist for a recommendation on a surgical procedure.
Actually, I got my recommendation for a successful surgery that way. Especially appreciated was the recommendation to avoid another surgeon in the same group.
by dbr
Sun Sep 24, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 22
Views: 979

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

It is hard to imagine anyone in a situation where AWD is required and FWD won't work. I don't doubt AWD is helpful to some people. In some of those cases 4WD in an actual off-road vehicle is the actual requirement. Many people will chime in that judicious installation of real snow tires may help as ...
by dbr
Sun Sep 24, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Toilet Woes
Replies: 18
Views: 1863

Re: Toilet Woes

StevieG72 wrote:
Sun Sep 24, 2017 5:54 am

The newer water saving toilets work amazingly well! I would replace the toilet. It is an easy DIY project.
HIghly recommended for a Sunday afternoon :twisted:
by dbr
Sun Sep 24, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Are all investments compound interest?
Replies: 9
Views: 673

Re: Are all investments compound interest?

What is compounding? Compounding means that the return in any period is applied to the asset value at the beginning of that period. That asset value in turn is the result of having applied return to the asset value at the beginning of the previous period. Going forward, the asset value at the end of...
by dbr
Sun Sep 24, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: My idea---four fund portfolio ?
Replies: 10
Views: 1018

Re: My idea---four fund portfolio ?

but am thinking of adding: FSPHX -- fidelity select healthcare fund -- fees = 0.74% FLPSX -- fidelity low priced stock fund -- fees = 0.88% I know there is no bond fund but my wife and I both have whole life insurance policies (yes i know !!). We have had them for years and the cash value is quite ...
by dbr
Sun Sep 24, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 19508

Re: Vanguard upgraded my accounts - angry [Brokerage Services]

One disadvantage to switching to consolidating Vanguard mutual funds in a VanguardAdvantage brokerage account is one cannot use the mobile check module of the iPhone app to deposit checks. We depend on that modality for occasionally depositing paper checks that are sent to us. Over a year ago my ac...
by dbr
Sun Sep 24, 2017 8:47 am
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 20
Views: 1078

Re: Bond funds and stock funds, which one is riskier?

To justify owning a bond fund in a rising interest environment: For a bond fund with 5 year duration, e.g., if the interest rises 1%, the value of the bond fund decreases 5%. But if you hold the fund for 5 years, you get it even since the fund pays a higher interest rate. The same thing can be said...
by dbr
Sun Sep 24, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Illiquid private shares and asset allocation - sound approach?
Replies: 5
Views: 367

Re: Illiquid private shares and asset allocation - sound approach?

Given all that, perhaps a 70% stocks / 30% bonds allocation helps control a little bit more for the risk/volatility of what those future proceeds may be. I suppose that fits nicely with the "bonds % equal to your age" approach, and in the broader context 20% bonds vs 30% bonds probably doesn't matt...
by dbr
Sun Sep 24, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing into U.S.Stocks
Replies: 20
Views: 1408

Re: Rebalancing into U.S.Stocks

You don't understand the point of rebalancing. If you really feel there are cheap assets and expensive ones and that you should load up on the cheap one's, then you are deciding to change your asset allocation. What does your investment plan say about that? My investment plan says to buy value. And...
by dbr
Sun Sep 24, 2017 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 235
Views: 22952

Re: Calling out the not so rich bogleheads

One of the characteristics of wealth and income even in a relatively more even society such as the US is the incredible extent of the high tails. Probably everyone posting or reading here is fabulously wealthy even by US standards and yet to a man can see plenty of evidence of people much more fabu...
by dbr
Sun Sep 24, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 68
Views: 5040

Re: Help?! My 70 year old father is 100% invested in equities

Economists call pensions and SS "entitlements", a guaranteed future income stream. I am not so much advocating calling them what they are not, because I know they are not really bonds, as I am saying it is even more ludicrous to pretend that they are not assets. When we say an AA ought to be "age i...