Search found 30096 matches

by dbr
Sun Sep 22, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Traveling to Riyadh for Business
Replies: 23
Views: 1647

Re: Traveling to Riyadh for Business

I have worked in middle east many years ago. Do not take any alcohol with you. (Tobacco is fine). If you are a non Muslim do not take any artifact associated with any religion (Example : a cross) There is no law against it but for males it is probably best not to wear shorts in public. (For females...
by dbr
Sun Sep 22, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: What are the rules around signing up for a business credit card?
Replies: 35
Views: 2516

Re: What are the rules around signing up for a business credit card?

As far as ethics are concerned, I’ll leave it up to you to decide. Keep in mind that one can be considering going into business or generate a small amount from the business. It is not required that it be an established business generating a large dollar amount in sales. In my opinion it is not frau...
by dbr
Sun Sep 22, 2019 1:00 pm
Forum: Personal Investments
Topic: Does pension income affect Social Security taxes?
Replies: 10
Views: 915

Re: Does pension income affect Social Security taxes?

Thank you. Looks like what I am reading is incorrect, or I misunderstood it. Looks like there is no avoiding SS taxation (unless the income is below a certain threshold), even if you have a pension or simply get distributions from a 401k/IRA/whatever, as it all appears to be treated as income. Incl...
by dbr
Sun Sep 22, 2019 12:52 pm
Forum: Personal Investments
Topic: Does pension income affect Social Security taxes?
Replies: 10
Views: 915

Re: Does pension income affect Social Security taxes?

From: https://www.ssa.gov/pubs/EN-05-10035.pdf Note highlighted comment at bottom. 12If, during the year, your earnings are higher or lower than you estimated, let us know as soon as possible so we can adjust your benefits.A special monthly ruleA special rule applies to your earnings for one year, u...
by dbr
Sun Sep 22, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: American Funds Propaganda. Help me understand.
Replies: 33
Views: 3993

Re: American Funds Propaganda. Help me understand.

Great topic and analysis(s)! I recall on one of the bogleheads podcasts, there was a guest who used a combination of actively managed and index funds, but she didn't say which actively managed funds she liked (not that she was asked). I'm curious what percentage of investors in this community volun...
by dbr
Sun Sep 22, 2019 12:41 pm
Forum: Personal Investments
Topic: Best plan for long-term cash?
Replies: 24
Views: 855

Re: Best plan for long-term cash?

The reason that I want this bucket of money relatively safe and liquid is so that I can address sudden loss of business income if need be, and to address large capital expenditures that will inevitably arise on my rental properties. That makes sense. It is not really an investing consideration but ...
by dbr
Sun Sep 22, 2019 12:36 pm
Forum: Personal Investments
Topic: Does pension income affect Social Security taxes?
Replies: 10
Views: 915

Re: Does pension income affect Social Security taxes?

Earnings limit meaning benefits limit while holding down a paying job while you are on SS benefits and the effect of taxable income on the taxability of SS benefits are two different things.
by dbr
Sun Sep 22, 2019 11:52 am
Forum: Personal Investments
Topic: Best plan for long-term cash?
Replies: 24
Views: 855

Re: Best plan for long-term cash?

Stick it all in Vg Prime MM A TIPS fund These are the two I would choose, probably splitting the $40k between them. More liquid and much easier than building a CD ladder or buying/rolling 28-day Treasuries. Considering you want cash-like stability and security, I would avoid high-yield munis and go...
by dbr
Sun Sep 22, 2019 11:39 am
Forum: Personal Investments
Topic: Best plan for long-term cash?
Replies: 24
Views: 855

Re: Best plan for long-term cash?

I bonds are the only thing that are "cash-like" and inflation indexed. In theory short term bonds are close to cash like and also tend to have not negative real returns, maybe. Short term TIPS fund might be close enough. Positive real returns not guaranteed. Naturally, this being Bogleheads, the que...
by dbr
Sun Sep 22, 2019 11:35 am
Forum: Personal Investments
Topic: Login to SSA.gov is a PAIN but ...
Replies: 9
Views: 826

Re: Login to SSA.gov is a PAIN but ...

https://investor.vanguard.com/security/security-codes?cmpgn=WO:RIG:SA:FAQSec:FAQcode:Web:0718:0101:OSC::0323 Vanguard sends me security codes before logging in, but usually only the first time I use an un-recognized computer. Subsequent logins from that computer don't require the authentication cod...
by dbr
Sun Sep 22, 2019 11:29 am
Forum: Personal Investments
Topic: Login to SSA.gov is a PAIN but ...
Replies: 9
Views: 826

Re: Login to SSA.gov is a PAIN but ...

It's called two factor verification and can be set-up at many organizations, Fidelity included.
by dbr
Sun Sep 22, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 7252

Re: How to handle "split-the-bill" group lunches?

We don't have problems with these things, using different choices of what to do on different occasions.

I think this is a people problem rather than a money problem.
by dbr
Sun Sep 22, 2019 9:42 am
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 24
Views: 2325

Re: Currently invested in 100% stock

I have been told that 100% stock if fine at my age but would appreciate feedback. I would spend some time learning about risk and return in investing so that you can make an informed decision for yourself rather than rely on what other people tell you. Asset allocation is a personal decision involv...
by dbr
Sun Sep 22, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: What are the rules around signing up for a business credit card?
Replies: 35
Views: 2516

Re: What are the rules around signing up for a business credit card?

One can think of things like this (Chase shut down all my credit cards.): https://www.flyertalk.com/forum/chase-ultimate-rewards/1986148-chase-shut-downs-credit-card-account-closures-data-tales-speculation-2019-a.html A person would have to do some research in that thread and other information like ...
by dbr
Fri Sep 20, 2019 6:28 pm
Forum: Personal Investments
Topic: What is the best investment strategy for low(actually ~negative vs inflation) USA interest rate environment for retireme
Replies: 9
Views: 859

Re: What is the best investment strategy for low(actually ~negative vs inflation) USA interest rate environment for reti

I would appreciate any feedback from the Bogleheads as I go forward investing, particularly if you have been retired for a while and seen low interest rate environments in your past experience. Based on this I doubt anyone here has any relevant experience: https://awealthofcommonsense.com/2015/11/t...
by dbr
Fri Sep 20, 2019 5:28 pm
Forum: Personal Investments
Topic: Is this a good portfolio mix for a retiree?
Replies: 20
Views: 1999

Re: Is this a good portfolio mix for a retiree?

I'm not suggesting some kind of idea portfolio, but along with the others my suggestions would be:

1. No need for VIG.

2. More in international, say 30% of stocks for sake of specificity.

3. Half your bond allocation in a TIPS fund.
by dbr
Fri Sep 20, 2019 4:40 pm
Forum: Personal Investments
Topic: Withdrawal Approach
Replies: 29
Views: 2236

Re: Withdrawal Approach

I pretty much follow the same scheme as @livesoft with the further advantage of having some non-portfolio income. On average cash as it comes and goes stays at a level of about 2% of assets. I don't work at making it less or at making it more. I take RMDs at the end of the year so tax withholding c...
by dbr
Fri Sep 20, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: What are the rules around signing up for a business credit card?
Replies: 35
Views: 2516

Re: What are the rules around signing up for a business credit card?

It might be worth asking this question on FlyerTalk: https://www.flyertalk.com/forum/credit- ... grams-599/

Disclaimer: Some people over there are impatient with what they consider naive or already asked questions. Other people over there are helpful.
by dbr
Fri Sep 20, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 7252

Re: How to handle "split-the-bill" group lunches?

Is there anyway it is most fair to have the birthday girl pay? Yes! Be from a different culture. There's one culture (I forget which one) that I was introduced to in grad school.. He said do you want to do it the American way or the X culture way (really forget which culture). I asked what's the di...
by dbr
Fri Sep 20, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I see a fee-only financial advisor or keep DIY?
Replies: 20
Views: 1128

Re: Should I see a fee-based financial advisor or keep DIY?

That said, some people just don't have the stomach for it. In that case a good fee only advisor may be worth it. But if you don't know enough to do most of it yourself, you may not know enough to understand what the advisor is doing and why. Most advisors don't follow a Boglehead type philosophy. I...
by dbr
Fri Sep 20, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I see a fee-only financial advisor or keep DIY?
Replies: 20
Views: 1128

Re: Should I see a fee-based financial advisor or keep DIY?

If you need tax advice it might be best to find an appropriate CPA being sure to interview in advance to make clear what your needs are. Legal issues would best go to your own wills and estates attorney or whatever your concern is. This firm that visits our megacorp claim to have all this in-house....
by dbr
Fri Sep 20, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 7252

Re: How to handle "split-the-bill" group lunches?

The best answers to this depend on the people involved. Considerations include the presence of people that are known to be on a limited budget, the presence of people who spend a lot on alcohol when there are others who do not, how well everyone knows that people do or don't care, and so on. My expe...
by dbr
Fri Sep 20, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I see a fee-only financial advisor or keep DIY?
Replies: 20
Views: 1128

Re: Should I see a fee-based financial advisor or keep DIY?

You probably could benefit from paying a person an amount of money to assist you organizing your finances. The problem is that finding someone who really will help you organize your finances for a fee and not sell you things you don't want and shouldn't have while immensely more complicating your li...
by dbr
Fri Sep 20, 2019 11:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard PAS -- one size fits all?
Replies: 12
Views: 1295

Re: Vanguard PAS -- one size fits all?

Well. it is curious that everyone ended up at the same asset allocation. I don't know if that is a statement that PAS has no value or has great value in getting people in the right place where they would not have got themselves. I certainly don't maintain that 60/40 is the best allocation for everyo...
by dbr
Fri Sep 20, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: why buy bonds if interest rates become negative
Replies: 26
Views: 2739

Re: why buy bonds if interest rates become negative

And if the interest rate were +0.1% rather than -0.1% it would be different? Also at +0.1% the real interest rate would be about -1.5% give or take. Real interest rates have been negative on many occasions.
by dbr
Fri Sep 20, 2019 9:22 am
Forum: Personal Investments
Topic: Withdrawal Approach
Replies: 29
Views: 2236

Re: Withdrawal Approach

I pretty much follow the same scheme as @livesoft with the further advantage of having some non-portfolio income. On average cash as it comes and goes stays at a level of about 2% of assets. I don't work at making it less or at making it more. I take RMDs at the end of the year so tax withholding ca...
by dbr
Fri Sep 20, 2019 9:17 am
Forum: Personal Investments
Topic: bonds question
Replies: 8
Views: 1146

Re: bonds question

A comment is that people often don't go to muni bonds in taxable accounts until there is no more space in tax deferred accounts to hold bonds. It might be something to think about.
by dbr
Thu Sep 19, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: How factor in pension with savings goal?
Replies: 16
Views: 1172

Re: How factor in pension with savings goal?

Does that logic make sense to you all? If not, how do other folks here with pensions factor that into their planning? If you set your savings target using the 4% rule then subtracting that lump sum from your savings goal or subtracting the pension income from your spending need results in exactly t...
by dbr
Thu Sep 19, 2019 1:34 pm
Forum: Personal Investments
Topic: Help with retirement date?
Replies: 14
Views: 1001

Re: Help with retirement date?

Thank you everybody for the quick response. Appreciate the confirmation of the numbers I was getting in calculators. Did you read the post by fortunefavored? How are you accounting for the fact that you will not get the target return? You think assuming an annual return of 4% is too aggressive? The...
by dbr
Thu Sep 19, 2019 11:51 am
Forum: Personal Investments
Topic: Help with retirement date?
Replies: 14
Views: 1001

Re: Help with retirement date?

jpfern15 wrote:
Thu Sep 19, 2019 11:41 am
Thank you everybody for the quick response. Appreciate the confirmation of the numbers I was getting in calculators.
Did you read the post by fortunefavored? How are you accounting for the fact that you will not get the target return?
by dbr
Thu Sep 19, 2019 10:52 am
Forum: Personal Investments
Topic: Newly widowed need investment advice
Replies: 35
Views: 2021

Re: Newly widowed need investment advice

Vanguard's Personal Advisory Service charges 0.3%, or 63% less than Fidelity... Vanguard will put you in index funds. What "tax loss harvesting"? You have a big junk in MM, and a big junk in IRA. No tax loss harvesting that I see. You can take PAS, let them set everything up, then whenever you feel...
by dbr
Thu Sep 19, 2019 10:47 am
Forum: Personal Investments
Topic: Newly widowed need investment advice
Replies: 35
Views: 2021

Re: Newly widowed need investment advice

Based on the often discussed 4% rule your assets are just sufficient to provide the $75,000 income per year you want. If people are correct that maybe that number should be less for today's retiree, then your assets would not be sufficient. Did the Fidelity advisor discuss any of this thought proces...
by dbr
Thu Sep 19, 2019 9:51 am
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

I see, maybe putting the entire $1Mill ( DCA in a 1 year span) 60/40 - and take the RMD from the stocks/bonds when its time to withdraw. at least the full amount will be invested. Thoughts? A completely simple and logical approach. Invest the assets across the IRA, the 401k, and taxable holdings ac...
by dbr
Wed Sep 18, 2019 6:32 pm
Forum: Investing - Theory, News & General
Topic: Why do long term treasuries diversify an equity/treasury portfolio
Replies: 23
Views: 1526

Re: Why do long term treasuries diversify an equity/treasury portfolio

If diversification benefit requires picking an arbitrary time interval, over which to calculate volatility, it is not useful. Especially with LTT, which should be relatively less volatile when using longer time intervals to calculate volatility. Usually the measurement is standard deviation of annu...
by dbr
Wed Sep 18, 2019 5:55 pm
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

Dollar cost averaging in this context is a much discussed topic. The mystery in these discussions is that people keep suggesting it when there is no rational ground to do it . I am curious if you would share why you are asking. Emphasis is mine....This seems a bit strong... The one event you want t...
by dbr
Wed Sep 18, 2019 5:24 pm
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

Hi dbr, Well, Let me see if I can go into detail a bit. Fortunately, my Father doesn't need the pension since his 401K is over 1Mil and he gets veteran's benefit each month (apprx $3K) and it takes care of all medical issues until he passes. Spouse is a non-issue. 4 children (45,41,34,32 yrs of age...
by dbr
Wed Sep 18, 2019 5:20 pm
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

Thank you for the comment. He is situated already with his 401K , Veterans and Social Security. I can not stress that enough. He does want to help his kids with the funds whenever we need it. That's why I was suggesting half be in Cash; where he'll take the RMD (which will likely go to his kids) an...
by dbr
Wed Sep 18, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: US Bonds reaching negative
Replies: 36
Views: 4400

Re: US Bonds reaching negative

Well, one comment is a lesson I always recited to my kids: "You don't always get what you want." Note I am "old" and retired, so this is not just some kind of shadenfreude. When one plans for retirement part of the plan is to realize that investment returns may not be good for all assets, or even ma...
by dbr
Wed Sep 18, 2019 4:09 pm
Forum: Personal Investments
Topic: Downsides to leaving fixed-income allocation in cash?
Replies: 61
Views: 3526

Re: Downsides to leaving fixed-income allocation in cash?

Thanks for the responses. Yes, this is only for the short term, and I will get back into bonds when interest rates go up and/or the inversion ends. How will you know? When interest rates are higher and long treasuries yield more than short treasuries. But you really weren't just asking the question...
by dbr
Wed Sep 18, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Why do long term treasuries diversify an equity/treasury portfolio
Replies: 23
Views: 1526

Re: Why do long term treasuries diversify an equity/treasury portfolio

I don't know if there is a "correct" way, but the point at issue is balancing return and volatility of return (aka risk) on the presumption things can be done that reduce risk a lot without losing much return. I suppose one measure of that is Sharpe ratio or maybe just plot the results on a return ...
by dbr
Wed Sep 18, 2019 1:54 pm
Forum: Personal Investments
Topic: Downsides to leaving fixed-income allocation in cash?
Replies: 61
Views: 3526

Re: Downsides to leaving fixed-income allocation in cash?

GaryA505 wrote:
Wed Sep 18, 2019 1:52 pm
Thanks for the responses. Yes, this is only for the short term, and I will get back into bonds when interest rates go up and/or the inversion ends.
How will you know?
by dbr
Wed Sep 18, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: Why do long term treasuries diversify an equity/treasury portfolio
Replies: 23
Views: 1526

Re: Why do long term treasuries diversify an equity/treasury portfolio

Worst drawdown of the bond allocation in an 80/20 stock/bond portfolio is just about completely irrelevant. The more relevant drawdown data if you have to consult drawdown would be the data for the whole portfolio at 100/0 compared to 80/20 (or whatever). I doubt a person investing at 80% stocks is...
by dbr
Wed Sep 18, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Why do long term treasuries diversify an equity/treasury portfolio
Replies: 23
Views: 1526

Re: Why do long term treasuries diversify an equity/treasury portfolio

Worst drawdown of the bond allocation in an 80/20 stock/bond portfolio is just about completely irrelevant. The more relevant drawdown data if you have to consult drawdown would be the data for the whole portfolio at 100/0 compared to 80/20 (or whatever). I doubt a person investing at 80% stocks is ...
by dbr
Wed Sep 18, 2019 11:14 am
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

Why leave $500k in cash? At least put it in a good money market or short-term Treasury bonds? 5 or 10 years to DCA it in is totally insane. Do it all at once, or at least all within 1 year. Ok, good idea, 500K in Treasury Bonds. As far as All at Once, I don't think I can sleep well at night knowing...
by dbr
Wed Sep 18, 2019 11:03 am
Forum: Personal Investments
Topic: Downsides to leaving fixed-income allocation in cash?
Replies: 61
Views: 3526

Re: Downsides to leaving fixed-income allocation in cash?

In my mind it is more a question of whether you have an investment plan based on long term expectations or you want to manage your assets month to month according to current conditions. I think the latter becomes unwieldy and also sits on the edge of market timing. On long term expectations cash is ...
by dbr
Wed Sep 18, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Liability vs step-up cost basis
Replies: 7
Views: 343

Re: Liability vs step-up cost basis

I don't think a rep at Vanguard should be offering either tax or legal advice and no investor should ever be taking same. That does not mean a Vanguard rep cannot supply factual information that might have tax implications regarding investments. It means they should stay away from the implications. ...
by dbr
Wed Sep 18, 2019 10:50 am
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

I'm no expert in dollar cost averaging, but I'm eagerly awaiting responses by fellow Bogleheads. I do have questions though: Is this "pension" already rolled over into an IRA or some similar instrument? I'm assuming it was a lump sum that he opted to take from his employer? Does he have the option ...
by dbr
Wed Sep 18, 2019 10:41 am
Forum: Personal Investments
Topic: 1Mil$ Dollar-Cost Averaging is a strategy
Replies: 48
Views: 2641

Re: 1Mil$ Dollar-Cost Averaging is a strategy

Why leave $500k in cash? At least put it in a good money market or short-term Treasury bonds? 5 or 10 years to DCA it in is totally insane. Do it all at once, or at least all within 1 year. Ok, good idea, 500K in Treasury Bonds. As far as All at Once, I don't think I can sleep well at night knowing...
by dbr
Wed Sep 18, 2019 10:15 am
Forum: Personal Investments
Topic: [Convince Me that Wellesley is the only fund I need in retirement]
Replies: 23
Views: 2254

Re: [Convince Me that Wellington is the only fund I need in retirement]

rkhusky wrote:
Wed Sep 18, 2019 10:10 am
dbr wrote:
Wed Sep 18, 2019 9:44 am
For some reason you listed the asset allocation wrong. The "W" with a low stock allocation is Wellesley Income.
I think a moderator mistakenly put Wellington in the title.
Yes, and the OP put in a ticker symbol but didn't name the fund.
by dbr
Wed Sep 18, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: Potential usefulness of TIPS to conservative retirees: How to beat a 3% SWR
Replies: 46
Views: 2427

Re: Potential usefulness of TIPS to conservative retirees: How to beat a 3% SWR

Would an alternative to a TIPs ladder such as investing in a TIPs fund (e.g. Vanguard Inflation-Protected Securities Fund, VAIPX) work similarly? No. Holding a TIPS fund does not eliminate the interest rate and reinvestment risk in the same sense holding a spend down TIPS ladder does. The practical...