Search found 27425 matches

by dbr
Sat Jan 19, 2019 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 27
Views: 1944

Re: Should I dump our wealth planner/financial advisor?

I think most investment advisor "accolades" are based on sales or are literally purchased. +1 Have we seen any "accolades" from the actual FA customer paying the fees?? :confused Actually I think lots of people go with an advisor because some one has told them that "our guy" made us a lot of money ...
by dbr
Sat Jan 19, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 56
Views: 5100

Re: Bogle "5% Gold"

I tried this comment in the other thread and it didn't seem to get much traction, but the comment is that it would help to be specific regarding exactly what kind of crisis or catastrophe is the subject of discussion. Depending on what that is holding some gold could be anything from very helpful to...
by dbr
Fri Jan 18, 2019 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 15
Views: 677

Re: Fund suggestions for a taxable account with a ~15-year time horizon

After you look at that output you may have a feel for what is at issue in deciding an asset allocation for your purpose. Thanks for the link! I will certainly check it out in more detail. But leaving aside the exact asset allocation percentages momentarily, do you have any suggestions for funds tha...
by dbr
Fri Jan 18, 2019 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 15
Views: 677

Re: Fund suggestions for a taxable account with a ~15-year time horizon

It all depends on what the purpose of the investment is. What is going to happen at the end of the fifteen years? I think it can be treated as a pre-retirement reserve fund that I would like to have grow in the meantime. If there is a "crash" that occurs after, say, 13-14 years, it should (hopefull...
by dbr
Fri Jan 18, 2019 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 15
Views: 677

Re: Fund suggestions for a taxable account with a ~15-year time horizon

It all depends on what the purpose of the investment is. What is going to happen at the end of the fifteen years?
by dbr
Fri Jan 18, 2019 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Professional in NYC - trying to figure out investment strategy
Replies: 4
Views: 437

Re: Professional in NYC - trying to figure out investment strategy

I think that for someone who is willing to admit to being clueless that good advice is to go to "Getting Started" https://www.bogleheads.org/wiki/Getting_started and do some systematic reading on the subject. Others can also address your specific questions. About the 401k, that is fine if the costs ...
by dbr
Fri Jan 18, 2019 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in Investment Approach

Earl Lemongrab wrote:
Fri Jan 18, 2019 2:47 pm
Wash sales. Especially "wash sales in 401(k), yes or no?"
Right, and more specifically "Are these two investments substantially identical?"
by dbr
Fri Jan 18, 2019 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in investment approach

FinancialRookie wrote:
Fri Jan 18, 2019 2:40 pm


But my Subaru is only 10 years old? :D
You are not yet a skinflint. I am a half flint as I own one car that is 16 years old and another that is 3 years old as a result of going over to the dark side a little while back -- but it is still a Subaru.
by dbr
Fri Jan 18, 2019 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options are bad...options?
Replies: 11
Views: 433

Re: Wife's 401k investment options are bad...options?

We are 32 and 31. She is a physician at an underserved clinic and unfortunately there aren't many other options for work unless we give up on our goal for her to work in that community. She is in the leadership pipeline there to become medical director in the future as well, so it is likely that sh...
by dbr
Fri Jan 18, 2019 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with keeping my Portfolio/Investment strategy as SIMPLE as possible
Replies: 4
Views: 375

Re: Help with keeping my Portfolio/Investment strategy as SIMPLE as possible

Compared to the results of getting married you already are as simple as one would want to be.

One question is that SEP IRA. I would get rid of it assuming it is a legacy from some earlier point in time.
by dbr
Fri Jan 18, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Bank: ongoing bad experience
Replies: 5
Views: 608

Re: HSA Bank: ongoing bad experience

The excise tax on an over-contribution is 6% or $30.00. This may be a case where spending the $30 is worth avoiding all the aggravation. https://www.wageworks.com/employees/support-center/support-and-faq/healthcare/hsa/what-happens-if-i-contribute-to-my-hsa-more-than-the-maximum-annual-limit-that-th...
by dbr
Fri Jan 18, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed up big time applying for life insurance
Replies: 15
Views: 2316

Re: Screwed up big time applying for life insurance

I don't know if "the salesman told us we'd probably be in the highest rating (my mistake for believing him), but he "wanted to play it safe"." means the salesman is a blowhard or not. He wanted to play it safe and you are the one who seems to be taking his comment much too seriously. A salesman's co...
by dbr
Fri Jan 18, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 101
Views: 5513

Re: Any thoughts on the role of Gold in your portfolio?

I'm going to state it again in this thread. There does not have to be a total collapse of the economy/society for gold to serve a purpose. You do not have to justify how it wobuld work during an apocalypse to justify how it has value in a portfolio. We are talking 5% here. That is absolutely true. ...
by dbr
Fri Jan 18, 2019 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in Investment Approach

3 fund or million fund slice and dice REITs or not Should I buy a $5000 5 year old beige Camry or a $200k Tesla? 1 Fund or 2 Fund or 3 Fund or Small Cap Tilt or World Cap or Slice and Dice into tenths of a percent. If we slice and dice, aren't we moving away from the BH approach? If you want to con...
by dbr
Fri Jan 18, 2019 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

I wonder why nobody posts that they are upset because the transfer went through overnight and the market fell the next day and they could have been saved from that if the mail had just been slow. Is it because the market always goes up and never goes down? https://en.wikipedia.org/wiki/Loss_aversio...
by dbr
Fri Jan 18, 2019 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

Vulcan wrote:
Fri Jan 18, 2019 11:20 am

The expected return of being out of the market is negative, and the expected regret is positive due to loss aversion bias.
Even if you only do it once.
Thus, never do it.
I have no problem with that for investors who tend to be plagued by regret.
by dbr
Fri Jan 18, 2019 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

I wonder why nobody posts that they are upset because the transfer went through overnight and the market fell the next day and they could have been saved from that if the mail had just been slow.

Is it because the market always goes up and never goes down?
by dbr
Fri Jan 18, 2019 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

9K is a good chunk of money to lose, an expensive lesson. Meh, part of the cost of doing business. Moving tons of money around to mitigate a coin toss isnt worth it to me. You can't be bothered to spend 10 minutes to save 10K? Wow, I want your job!;) The missing information is that being out of the...
by dbr
Fri Jan 18, 2019 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

Mark2614 wrote:
Fri Jan 18, 2019 10:56 am
I just didn't consider this. I thought "oh i'll be fine, funds will transfer in 24 hours." This is my first time doing this. And now I realized how bad the outcome can be. :annoyed
Or how good the outcome could be if you missed a fall in market price.
by dbr
Fri Jan 18, 2019 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1569

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

9K is a good chunk of money to lose, an expensive lesson. Meh, part of the cost of doing business. Moving tons of money around to mitigate a coin toss isnt worth it to me. You can't be bothered to spend 10 minutes to save 10K? Wow, I want your job!;) The missing information is that being out of the...
by dbr
Fri Jan 18, 2019 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity? Which Fund for Capital Preservation?
Replies: 5
Views: 494

Re: Fidelity? Which Fund for Capital Preservation?

Ok. Thanks. I understand what you’re saying. Does Fidelity have a stable value fund? As an alternative would a life cycle fund, say 2020, work to meet my needs? Well, the question is what are your objectives, boiled down to financial specifics. If one infers that you don't need to withdraw from you...
by dbr
Fri Jan 18, 2019 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in investment approach

RJC wrote:
Fri Jan 18, 2019 10:33 am
22twain wrote:
Fri Jan 18, 2019 10:30 am
RJC wrote:
Fri Jan 18, 2019 10:24 am
SUV??
Sport Utility Vehicle.
Thanks. I was just surprised that is a contentious topic!
That's a joke, but you should probably go to the Consumer section of the forum and read some of the threads.
by dbr
Fri Jan 18, 2019 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in investment approach

Whether or not to invest in real estate or to hold an allocation to gold. Also whether or not Bogleheads also have to be skinflints and which SUV to buy. Haha I just read that thread "Why are you NOT buying rental properties?". By skinflints are you talking about lean FIRE? SUV?? Skinflints are peo...
by dbr
Fri Jan 18, 2019 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity? Which Fund for Capital Preservation?
Replies: 5
Views: 494

Re: Fidelity? Which Fund for Capital Preservation?

I was going to add that the only investment that is explicitly tailored for capital preservation would be short term TIPS, or at least TIPS that one knows one is not going to sell before maturity. I think a lot of people don't really mean that capital preservation is the goal. Sometimes this is mixe...
by dbr
Fri Jan 18, 2019 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 43
Views: 1246

Re: Differences in investment approach

Whether or not to invest in real estate or to hold an allocation to gold.

Also whether or not Bogleheads also have to be skinflints and which SUV to buy.
by dbr
Fri Jan 18, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 17
Views: 932

Re: Gold ETF "Guarantee"

It seems to me that if the premise is that gold is held in event of an undefined, unprecedented crisis then no assumptions are safe including the assumption that gold would have any value at all. If the anticipated crisis can be described more explicitly then it is possible to conclude what might or...
by dbr
Fri Jan 18, 2019 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Long-term Investment Advice Needed
Replies: 2
Views: 323

Re: Long-term Investment Advice Needed

1. Been looking at investing the cash and considering Betterment or Vanguard (since I apparently qualify for the Admiral level ETF fees, if putting the $50k in). Vanguard is slightly higher cost (.3 vs .25) but comes w/ the personal advice from team of investors if desired. It puts me off that I’d ...
by dbr
Fri Jan 18, 2019 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Just retired, advice on bonds and real estate
Replies: 7
Views: 385

Re: Just retired, advice on bonds and real estate

My 50,000 foot view of your whole situation. If you like doing real estate stuff for fun, then play on. If you consider it a chore, hassle, work or limit on other things, you have way more than enough to do absolutely nothing but fly around the world and vacation for the rest of your life if you si...
by dbr
Fri Jan 18, 2019 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Just retired, advice on bonds and real estate
Replies: 7
Views: 385

Re: Just retired, advice on bonds and real estate

I can't address real estate, but your numbers seem to say the income you want from your investments is a withdrawal rate of less than 2%. There would be no worry there. Someone else will have to analyze how secure and even what it means to say you can spend $64k a year raised from running a real est...
by dbr
Fri Jan 18, 2019 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Sanity check on investments
Replies: 4
Views: 437

Re: Sanity check on investments

Check the expense ratios on those funds to be sure they are the lowest cost Fidelity funds of those types. I don't know that information off the back of my hand.
by dbr
Thu Jan 17, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement
Replies: 3
Views: 297

Re: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement

When you start talking about what the Fed is going to do, that would be market timing. Anyway the Fed only sets certain short term rates and not the interest rates on the bonds in VBTLX. I would suggest that for long term investment purposes a diversified low cost intermediate term bond fund is a pe...
by dbr
Thu Jan 17, 2019 7:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Learning Module for Schools
Replies: 3
Views: 420

Re: Vanguard Learning Module for Schools

Very interesting question. I am sorry I am not familiar with this, but I would say a financial literacy program from Vanguard would be fabulous compared to a sales pitch disguised as education from some brokerage firm or even worse a pitch for stock picking.
by dbr
Thu Jan 17, 2019 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Good idea? Rent out current home after paid off
Replies: 20
Views: 972

Re: Good idea? Rent out current home after paid off

Rental real estate much discussed. My view is that if you are all in on running this side business then go for it. Otherwise I think you are going to end up buying a passle of problems you don't want.
by dbr
Thu Jan 17, 2019 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Investment Allocations in Brokerage vs. Retirement Accounts
Replies: 8
Views: 643

Re: Investment Allocations in Brokerage vs. Retirement Accounts

ETFs and mutual funds are the same thing, so your question is obscure. In general investment selection should follow these two steps: 1. Investment allocation meaning how much in stocks and how much in bonds wherever the funds are held. 2. Investment location meaning what location is most tax effici...
by dbr
Thu Jan 17, 2019 10:22 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 57
Views: 4584

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I am very happy with it. It's a bit more elaborate than the typical home shredder but it has worked out very well for me. I've used all of it's functions including shredding CD...
by dbr
Thu Jan 17, 2019 10:19 am
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 236
Views: 40326

Re: What to do when a parent's money runs out?

My mother is 93 and in fairly good health, and lives in an assisted living facility that costs about $8,000 per month. She has about $15k in annual pensions. She has about 4 years worth of money left. I manage all her finances and pretty well everything else relating to her life. She is grateful fo...
by dbr
Thu Jan 17, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 17
Views: 1751

Re: My Withdrawal Strategy - Poke holes in it

If you really mean to take sometimes more and sometimes less but never more than 4% of initial portfolio value and not adjusted for inflation, then that is probably as good a starting point as any. Over time things always happen that change what we decide to do. One concern is that I think you are ...
by dbr
Thu Jan 17, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: Difference between holding fixed income in bondETFs or banks
Replies: 11
Views: 1628

Re: Difference between holding fixed income in bondETFs or banks

The yield of a bond fund is after expenses so the formulation is a little off. On the other hand if there are transaction fees, a front end load, an advisory fee, a 401 plan fee, or trading costs in the fund, then that does have to be taken into account.
by dbr
Thu Jan 17, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Book on withdrawal strategies / retirement income?
Replies: 19
Views: 1831

Re: Book on withdrawal strategies / retirement income?

The books mentioned look interesting. but a book can only provide principles and guidelines and cannot give advice tailored to an individual. What software, either desktop or online, helps investors formulate a spending and investment plan in retirement, estimating life expectancy and incorporating...
by dbr
Thu Jan 17, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 159
Views: 13048

Re: Around 43K in dividends last year - feel good about it ?

JustinR wrote:
Thu Jan 17, 2019 2:45 am

Go read the first post again. The OP asked if he should feel great for receiving dividends, and if it offset his losses. We have given him an answer: No.
Thank you. That really is all there is to see here.
by dbr
Wed Jan 16, 2019 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation
Replies: 15
Views: 1280

Re: Bond Allocation

In general messing around with which bonds you hold is less useful than adjusting the stock/bond allocation to control overall risk and return of the portfolio. This is especially true when what you are messing around with is only 20% of your portfolio. It is even more especially true when the bond ...
by dbr
Wed Jan 16, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 101
Views: 5513

Re: Any thoughts on the role of Gold in your portfolio?

To fully answer the OP, the catastrophe gold buyers are preparing for is the possibility of the federal reserve dropping interest rates to 0 again if the US has another big recession like 2008. In that case the gold holding would have to be a major part of the portfolio. 5% in gold is not going to ...
by dbr
Wed Jan 16, 2019 10:05 am
Forum: Investing - Help with Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 81
Views: 7183

Re: 100% in VTSAX - Is it crazy???

A scheme to think through that problem is need, ability, and willingness to take risk. The concept is discussed in some of Larry Swedroe's books. In the end it is a matter of applying judgement and preference to what you want to do. In your case your plan is not necessarily crazy. You just have to l...
by dbr
Wed Jan 16, 2019 12:45 am
Forum: Investing - Theory, News & General
Topic: When/why have you needed customer service from Fido, VG, Schwab etc.?
Replies: 30
Views: 1456

Re: When/why have you needed customer service from Fido, VG, Schwab etc.?

I can never ever remember having to go to an office to have an interaction with a fund company since on-line investment came to exist. I do remember old days when you might walk through the door of a brokers office after going to your safe deposit box at the bank to retrieve paper shares which you w...
by dbr
Tue Jan 15, 2019 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds, Bond Ladders, and Interest-Only Retirement
Replies: 5
Views: 676

Re: Bond Funds, Bond Ladders, and Interest-Only Retirement

Interest rate risk does not mean the same thing for an indefinite holding as it does for a holding that is intended to be liquidated at some time. If a person is going to need to liquidate the bond fund holding at a specific time they could find themselves cashing in when the price is somewhat depre...
by dbr
Tue Jan 15, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2732

Re: School staff threatened to call social worker

We are planning a trip back to China that would require 9 days of absence from my daughter’s school ( kindergarten ). I emailed to school to ask for permission and found out that school can only approve 6 days of excused absence . We plan to use 3 days of unexcused days and therefore will use up 5 ...
by dbr
Tue Jan 15, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 17
Views: 1751

Re: My Withdrawal Strategy - Poke holes in it

If you really mean to take sometimes more and sometimes less but never more than 4% of initial portfolio value and not adjusted for inflation, then that is probably as good a starting point as any. Over time things always happen that change what we decide to do. One concern is that I think you are u...
by dbr
Tue Jan 15, 2019 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds, Bond Ladders, and Interest-Only Retirement
Replies: 5
Views: 676

Re: Bond Funds, Bond Ladders, and Interest-Only Retirement

The crux of the issue is how important is it to them to maintain the value of their holdings? As it stands no matter what nuances of bond investments they engage in a 50/50 allocation of stocks and bonds will fluctuate considerably in value under any algorithm for determining what relatively low rat...
by dbr
Tue Jan 15, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2732

Re: School staff threatened to call social worker

Here is more detail from my local district. Essentially it is a legal process with possible court appearance. The Social Work issue has to do with child neglect, involvement of child protection, and possible removal of the child from the home. I am still trying to find information on how to establis...
by dbr
Tue Jan 15, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2732

Re: School staff threatened to call social worker

Schools are often paid from government funding that is based on the number of students each day in attendance, so they don't get paid as much if students don't show up. Thus, they are incentivized to get kids into the schools and make sure they show up. I went to college early, taking an informal a...