Search found 25256 matches

by dbr
Sun Feb 18, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting RMDs
Replies: 15
Views: 1740

Re: Reinvesting RMDs

The reasoning is circular. You can't use a my share/their share to do the math until you have done the math to establish that my/their is a valid model. If people want to use it as a mnemonic to remember how it comes out, I guess there is nothing terrible about that, but it is a result and not a pre...
by dbr
Sun Feb 18, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Doctor wants Social Security number
Replies: 78
Views: 10406

Re: Doctor wants Social Security number

BUT, then you see the real life policy lack of common sense , where people's SS# is basically their Medicare#? Someone in a position of authority couldn't make a common sense thought? The real lack of common sense was when somebody decided Social Security Numbers where secret. At one time SSN was p...
by dbr
Sun Feb 18, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 70
Views: 4842

Re: Effect of spending money on appearance in career

I wonder how much of this conversation is about how other people perceive a person and how much of it is about how a person perceives themselves. It is never a mistake to refresh for confidence. The suggestion above might be very helpful. Also, ask one's friends. Otherwise, it is usually a positive ...
by dbr
Sun Feb 18, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Time for a short term bond etf?
Replies: 7
Views: 725

Re: Time for a short term bond etf?

I am a little light in the bond portion of my retirement portfolio. I need to soon put about 6k into my Vanguard SEP-IRA in any case, and am wondering whether it should be BND, VCSH, BSV or something else. The rest of my bond holdings are in total/intermediate bond funds, but are in my Roth-IRA or ...
by dbr
Sun Feb 18, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: what tax rate do I use in calc. [Retirement calculator]
Replies: 2
Views: 250

Re: what tax rate do I use in calc. [Retirement calculator]

You should fill out some dummy tax returns to see what your tax cost actually is. Your income is simple enough it wouldn't take much work to do it. Note that there is no one tax rate as some income is exempt due to personal exemptions, there are deductions, and there are credits. After that the form...
by dbr
Sun Feb 18, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: what is marginal tax rate?
Replies: 18
Views: 1275

Re: what is marginal tax rate?

It may be a useful idea that marginal tax (rate) is a concept applicable to comparing two scenarios. That could include the scenario of adding one more dollar compared to what one had before. It is useful for making decisions between or among alternatives. Effective tax rate is simply a way of expre...
by dbr
Sun Feb 18, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting RMDs
Replies: 15
Views: 1740

Re: Reinvesting RMDs

I think an argument to take the withdrawal later is based on the concept that you only own part of your IRA (the government owns the other part), and the part you own is tax free. If you will pay 25% tax on your distributions, then you really only own 75% of the IRA. Your 75% grows (or falls) tax f...
by dbr
Sat Feb 17, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 70
Views: 4842

Re: Effect of spending money on appearance in career

At the same time, I am sitting in meetings in which comments are made about needing to bring another women into the office so clients are more eager to stop by. What?? Is this company stuck in the 1950's or 1960's? :oops: If this their corporate culture, and it is genuinely affecting your career, i...
by dbr
Sat Feb 17, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

Obviously, there are endless discussions here about withdrawal methods usually involving some kind of formulae or calculations. I was wondering if there are people like me who just use common sense...they take out what they need, when they need it. Please share your story. Sure. I do that with the ...
by dbr
Sat Feb 17, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

It would be common sense with respect to anything that you understand something about what you are doing, that you pay attention, that you apply some logic and critical thinking to what you read and hear, and that you don't do things that are stupid. Common sense in retirement does not mean that you...
by dbr
Sat Feb 17, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Working for a MegaCorp vs a Small Business
Replies: 18
Views: 1123

Re: Working for a MegaCorp vs a Small Business

huge megaC for me. No complaints though f I had to do it all over again I'd probably start my own business. I was scared of failure w/o a safety net and didn't realize the most successful people were very resilient vis-a-vis failures. I was going to mention that the real alternative is to be your o...
by dbr
Sat Feb 17, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 70
Views: 4842

Re: Effect of spending money on appearance in career

I did not work for GM but live in the area. This is a photo of Mary Barra, CEO of GM. This is how most of the women executives I know dress. Obviously she works in a technical industry. If she worked for an advertising organization, I am sure she would might dress differently. https://en.wikipedia....
by dbr
Sat Feb 17, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

Thanks again Mnd. My intuition tells me that the combination of a long bear market in both stocks and bonds is a killer scenario, especially if it happens early on in the retirement period. By definition a long bear market is longer than early-on in retirement. That aside, it is a killer scenario. ...
by dbr
Sat Feb 17, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 70
Views: 4842

Re: Effect of spending money on appearance in career

My theory was always that I wanted to get promoted on my merits and not my looks but now it looks like it may actually be getting in my way? I am a man but I got promoted on my "looks." I wanted a management job so went to my 2nd-line manage and was told I was not near the top of the list of manage...
by dbr
Sat Feb 17, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Working for a MegaCorp vs a Small Business
Replies: 18
Views: 1123

Re: Working for a MegaCorp vs a Small Business

A megacorp is like an index fund and a small business is like investing in a single stock pick.
by dbr
Sat Feb 17, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Short treasuries or short term bond index fund?
Replies: 13
Views: 810

Re: Short treasuries or short term bond index fund?

What you are missing is that you are agonizing over non-issues. You are already at short duration where the effects are minimal while at the same time it is to the benefit of bond investors for interest rates to be higher. What else are you invested in? Unless everything you have is in bonds and you...
by dbr
Sat Feb 17, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: VFINX Question
Replies: 5
Views: 467

Re: VFINX Question

It is common that brokers do not offer the Admiral version of some Vanguard funds. ETFs are an option and moving the investment to an account at Vanguard might be an option. It really depends on where your other investments are and your preference for how you want to arrange things.
by dbr
Sat Feb 17, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: I bonds instead of Total bond in a 3-fund portfolio?
Replies: 9
Views: 1211

Re: I bonds instead of Total bond in a 3-fund portfolio?

A comment in general is that the 3 fund portfolio is not an idea that is so prescriptive that anyone should take the discussion as a prohibition against holding anything other than TBM. There is an idea in the 3 fund portfolio that it is very simple to just invest in diverse, low cost, index funds a...
by dbr
Sat Feb 17, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 70
Views: 4842

Re: Effect of spending money on appearance in career

I just came away from a meeting in which I asked for a promotion and was told likely another six months. No there was nothing I could do extra - my clients love me, my manager loves me, I'm bringing in work, I am out performing. This is driving me crazy as every other person in my position was prom...
by dbr
Sat Feb 17, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2457

Re: USAA 41% More For Car Insurance

If a person wants the least cost for things then that person has to shop. It is that simple and applies to everything one spends money on.
by dbr
Sat Feb 17, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 46
Views: 3710

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

Rebalancing just isn't that much of a practical burden. A person should be staying involved with whether or not their investments are appropriate for their situation as years go by anyway. I disagree in part. Some people have jobs that can demand 100% of their attention for weeks at a time. Many ot...
by dbr
Fri Feb 16, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

It's hard to model "common sense", I think it could be argued that what is "common" makes very little "sense"... but a typical person who is disciplined enough to save money across there working life can probably work out something that works... maybe even have a hard time spending down everything ...
by dbr
Fri Feb 16, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 46
Views: 3710

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

Further, most of these target date funds eventually move to a very conservative AA of something like 30/70, which is outside the recommended range suggested by the safe withdrawal rate research. It must not be outside the recommended range according to the research at Vanguard, Fidelity, and the ot...
by dbr
Fri Feb 16, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 46
Views: 3710

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

Personally, I find the 'glidepaths' for virtually all target date funds to be overly conservative. A 25 year old isn't likely to benefit from having 10% in bonds, for instance; there will not be a significant decrease in fund drawdowns, and this will merely serve as a drag on portfolio returns for ...
by dbr
Fri Feb 16, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Equity Dividend Fund / ETF at Schwab?
Replies: 20
Views: 2243

Re: Equity Dividend Fund / ETF at Schwab?

I realize that dividends are not the most tax efficient (I'm currently in the low-mid 28% bracket) however for my personal taste I would like to build up a good bit of passive type income in taxable with the goal being eventually to largely live off dividends without touching principal (25-30 years...
by dbr
Fri Feb 16, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

We haven't explicitly added the comment that life is very different when a substantial fraction of one's "withdrawal" is actually income streams from pensions, annuities, and Social Security (or even other sources). Whether or not it should be part of the withdrawal method that a person lacking ann...
by dbr
Fri Feb 16, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2457

Re: USAA 41% More For Car Insurance

The total amount of our annual spending that goes to home, auto, and umbrella coverage is so tiny that wasting time on a better or worse quote would be silly. I can understand that these items might loom larger in some household budgets. I find USAA service to be perfectly fine, but we haven't had t...
by dbr
Fri Feb 16, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

We haven't explicitly added the comment that life is very different when a substantial fraction of one's "withdrawal" is actually income streams from pensions, annuities, and Social Security (or even other sources). Whether or not it should be part of the withdrawal method that a person lacking annu...
by dbr
Fri Feb 16, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Which should I use short term corporate or longterm bond index money for roth IRA contribution
Replies: 7
Views: 527

Re: Which should I use short term corporate or longterm bond index money for roth IRA contribution

Hi folks, here is my dilemma. This may be our last Roth IRA contribution for retirement accounts. I have put my emergency money in short term corporate bond index which it lost around $300, while I also have total bond market index which it lost $800 in my brokerage accounts. Which of these I shoul...
by dbr
Fri Feb 16, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Reality of the market being "down"...
Replies: 10
Views: 993

Re: Reality of the market being "down"...

I have an older friend that is much much much closer to retirement than I am. He was upset about how "down" the market has been lately. One of the fundamentals of investing is recognizing what it means to hold something the value of which fluctuates significantly while on average having an upward t...
by dbr
Fri Feb 16, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6714

Re: Retirees: The common sense withdrawal method

Obviously, there are endless discussions here about withdrawal methods usually involving some kind of formulae or calculations. I was wondering if there are people like me who just use common sense...they take out what they need, when they need it. Please share your story. Sure. I do that with the ...
by dbr
Fri Feb 16, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Value Preservation, Bond-like Returns, Inflation Hedge
Replies: 4
Views: 429

Re: Value Preservation, Bond-like Returns, Inflation Hedge

An inflation hedge is an investment that if included in a portfolio responds to inflation with a strong enough multiple to offset inflation for the whole portfolio. There is no such thing. TIPS respond exactly in pace with inflation and are therefore themselves hedged for inflation, but that does no...
by dbr
Fri Feb 16, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Selecting Bonds
Replies: 3
Views: 506

Re: Selecting Bonds

A short term bond fund typically has duration of 3 years. An intermediate term bond fund typically has duration of 7 years. A long term bond fund might have a duration of 20 years. A bond fund's duration indirectly determines for how long you should own the bond fund without much selling. After a y...
by dbr
Thu Feb 15, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of stock
Replies: 13
Views: 1162

Re: Sale of stock

In addition to the 1099B you should have received a confirmation of sale showing the date, the number of shares sold at each price of sale*, and any commissions and fees charged. Note commissions count in your taxes as losses accounted for in the net proceeds. *In general a sell order does not all h...
by dbr
Thu Feb 15, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 44
Views: 5561

Re: How many of you use the "4% rule" during retirement?

Over ten years the year with the highest spending had twice the spending as the year with the lowest spending. I guess that probably is not a very close fit to "using a 4% rule." Of course portfolio withdrawals are not the only source of income, which has also changed over those years.
by dbr
Thu Feb 15, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 69
Views: 6936

Re: Can someone help me explain to my wife...?

Her opinion is that we should sell all of our index funds in our Roth IRA, take the profit now in the fund, because surely the bottom will fall out soon. My opinion is that I've always been told to simply contribute the max, do 70/30 for our age range, and then forget about it until age 65. She say...
by dbr
Thu Feb 15, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 9987

Re: My Over $300K Vanguard Balance Disappeared?

Vanguard does a lot of data processing in the middle of the night. Every account has to be updated for current closing values times number of shares. And with tax season here, I'm sure they are doing more data processing than usual to meet IRS requirements. I would give it several hours to update. ...
by dbr
Wed Feb 14, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 40
Views: 1847

Re: Helping Mom with Taxes

I do my 90 YO MIL's taxes every year using Turbotax. It's a trivial effort as nothing much changes from year-to-year and importing the prior year return provides prompts for most all the items. I finish it at her house as we mail-in the state return to avoid the fee but both returns could be done r...
by dbr
Wed Feb 14, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Planning for the unexpected in retirement
Replies: 14
Views: 1610

Re: Planning for the unexpected in retirement

I plan a budget that has 25% contingency for underestimation and is also tested by imagining what would happen if there were an unexpected drain of $100,000 at some arbitrary point, even though that seems unlikely. The comment about insurance has some validity, but there are lots of costs that are n...
by dbr
Wed Feb 14, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 3321

Re: rule of thumb of when to sell your car

There is no rule of thumb. Instead there is the ambiguous advice to follow your own judgement and preference.
by dbr
Wed Feb 14, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Net worth progression: what am i doing wrong?
Replies: 25
Views: 3731

Re: Net worth progression: what am i doing wrong?

I feel like i should be worth a lot more. Your error is in this feeling. If you are a tech guy you should have a calculation of what it should be and not a feeling. Also a fraction of a year is far to short a time for making judgements. Wealth does not accrue at an even rate. It might help you to s...
by dbr
Wed Feb 14, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3609

Re: Is This Action by Megacorp Legal?

Is it possible your friend got a notice but didn't open it? I've had several companies change investment options and move money to what they consider "the closest" comparable investment automatically although I usually get advanced notice. I'm guessing its legal although advance notice seems approp...
by dbr
Wed Feb 14, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3609

Re: Is This Action by Megacorp Legal?

Is it possible your friend got a notice but didn't open it? I've had several companies change investment options and move money to what they consider "the closest" comparable investment automatically although I usually get advanced notice. I'm guessing its legal although advance notice seems approp...
by dbr
Wed Feb 14, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in IRA
Replies: 2
Views: 369

Re: Bonds in IRA

I know that intermediate bonds like the Total Bond Market Index is where I should be in IRA, and know that the share price will go down percent wise with interest rate hikes, but the yield goes up to compensate, and will work itself out in time. But what if RMD is being deducted from IRA, and in my...
by dbr
Wed Feb 14, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 40
Views: 1847

Re: Helping Mom with Taxes

She should have a copy of last years form. If not, she should be able to get it from the firm. If they won't give it to her, that would be a real problem for me. You should look at it and see if there is anything that you couldn't handle. This. What is the point of asking all these questions if you...
by dbr
Wed Feb 14, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard advice--I'm confused
Replies: 30
Views: 3652

Re: Vanguard advice--I'm confused

But since limited + long = intermediate, owning all three makes no sense. This might be the case if intermediate bonds performed equal to the average of the limited and long. But the bond curve keeps changing shape, depending on condition. So a portfolio consisting of 50% limited and 50% of long is...
by dbr
Wed Feb 14, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 246
Views: 60758

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

I was wondering if you could provide information regarding how you were able to get 24-hour care for your mother, provided by the state. I'm trying to be proactive for a situation that I might be in (very similar to your situation). Tbone1, I’m sorry that you are needing to go through a similar sit...
by dbr
Tue Feb 13, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1340

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

I assume you dont include the value of your primary residence in your portfolio but what if you have a $1mm home and could easily downsize to a $500k home in the future if needed? Can you include the $500k difference in calculating SWR? How about vacation houses that could be sold or rented later i...
by dbr
Tue Feb 13, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard TIPS
Replies: 10
Views: 844

Re: Vanguard TIPS

My understanding is that TIPS protect against unexpected inflation as measured by the Consumer Price Index. Personally, I believe that the stated rates aren't even close to the actual inflation percentages that most consumers experience. This is the reason I sold all TIPS and put the money in VBTLX...
by dbr
Tue Feb 13, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2207

Re: Credit Card Statement & Receipt Clearing - Help!

The majority of our credit card transactions and the vast majority of our credit card spend are on line. All of those automatically get a "receipt" in the sense of a transaction confirmation of some kind that is saved. It usually comes in e-mail. Aside from that I am not sure what this "receipt" you...