Search found 27499 matches

by dbr
Tue Jan 22, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3069

Re: Son moving to Denver from California

When I first lived in Denver the one innovation was to buy a VW bug and enjoy rear engine RWD in the snow. The getting ice off the inside of the windshield was a different issue. I don't remember anyone putting snow tires on a VW (probably they actually did) but I certainly remember putting chains o...
by dbr
Tue Jan 22, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 17
Views: 1055

Re: Your Retirement W/D method and why?

I spend what I need/want to spend when I need/want to spend it. Money is moved from tax deferred to taxable accounts according to required RMDs. Things are sold/RMD reinvested (as the case may be) that go in the direction of balancing asset allocation to target. A general track is kept of whether po...
by dbr
Tue Jan 22, 2019 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Altering the Three-Fund Portfolio
Replies: 14
Views: 801

Re: Altering the Three-Fund Portfolio

Right, munis are sort of the standard answer when there is a tax issue. At only 30% in bonds altogether risk of just munis rather than Treasuries and CDs doesn't play. It would be different if you had a huge amount of money and all in bonds. I am not sure the barbell thing is at all necessary, espec...
by dbr
Tue Jan 22, 2019 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Holding only VWENX for retirement
Replies: 14
Views: 1614

Re: Holding only VWENX for retirement

Cons: Manager risk. Not an index fund. Not as diversified as one could be. Also looks like one is basing decision only on past performance and expecting that to continue going forward. Yes, I would not hold everything in one single actively managed fund no matter what the track record or how much y...
by dbr
Tue Jan 22, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3605

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

I know people for whom the daily weather is a dominant concern in their lives. It is not a formula for having a happy day every day. On the other hand they say weather is the thing everyone talks about but no one does anything about. The dilemma is that there is almost nowhere that the weather is bo...
by dbr
Tue Jan 22, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Accessing CPA expertise like an hourly financial advisor?
Replies: 6
Views: 596

Re: Accessing CPA expertise like an hourly financial advisor?

I have in the past paid a CPA on an hourly basis to study how to structure certain transactions over a period of years that would have tax consequences. That should be routine for any CPA firm. I know CPAs whose main professional function is tax strategy paid for on hourly billing the same as attorn...
by dbr
Tue Jan 22, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 49
Views: 2668

Re: Dentist fees

Not to hijack the thread, but I recently visited an in-network dentist who billed me for a procedure that the insurance doesn't cover (a litle more complicated than that because I don't actually think the way it was coded is correct, but that's another story). In that case, is it reasonable to ask ...
by dbr
Tue Jan 22, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Tax preparation deposit fee
Replies: 2
Views: 352

Re: Tax preparation depost fee

Is it reasonable? Maybe. If you don't want to do that you can take your business elsewhere. I wouldn't have thought this was typical. I can also understand that collecting from dead-beat customers could be a problem that plagues any provider of services. Lawyers usually ask for a retainer up front, ...
by dbr
Mon Jan 21, 2019 8:07 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3605

Re: Is it wise to move from NewYork to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

I do agree as to the “cultural” difference. I remember visiting Long Beach CA. It was my first time on the west coast. I had just been to Toronto the week before. The thought I kept having over and over was that I needed my passport to travel to Toronto but not southern CA. And that really seemed b...
by dbr
Mon Jan 21, 2019 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: 63 years old and 3 fund portfolio allocation
Replies: 1
Views: 332

Re: 63 years old and 3 fund portfolio allocation

A good idea would be to use the Wiki starting at "Getting Started" https://www.bogleheads.org/wiki/Getting_started
by dbr
Mon Jan 21, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 49
Views: 2668

Re: Dentist fees

My dental clinic discounts 10% for cash in advance. I found that out when a family member without insurance had some work quoted.
by dbr
Mon Jan 21, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 49
Views: 2668

Re: Dentist fees

In my experience, insurance has covered at most 50% of the cost of a dental procedure and I have been responsible for the balance. Yes, that is common. But, the fee charged has also been negotiated down from what it would be without insurance. Could be. I don't get an explanation of benefits form -...
by dbr
Mon Jan 21, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 49
Views: 2668

Re: Dentist fees

spin_echo wrote:
Mon Jan 21, 2019 5:45 pm
In my experience, insurance has covered at most 50% of the cost of a dental procedure and I have been responsible for the balance.
Yes, that is common. But, the fee charged has also been negotiated down from what it would be without insurance.
by dbr
Mon Jan 21, 2019 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: 55yrs old 50/50 or 60/40 in this environment
Replies: 11
Views: 1157

Re: 55yrs old 50/50 or 60/40 in this environment

I agree that timing according to the condition of the market is not something you can consider most of the time. One might also plausibly argue that there are really only three meaningfully different asset allocations: 30/70, 50/50, 70/30 -- any of those +/-10. Those who want all stocks or no stocks...
by dbr
Mon Jan 21, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 49
Views: 2668

Re: Dentist fees

A primary reason to carry dental insurance is precisely to get a negotiated fee through a network even if the insurance annual limit is very low, which they are.
by dbr
Mon Jan 21, 2019 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Calculation
Replies: 11
Views: 754

Re: Help with Calculation

Yep, there is a range. I don't know a good solution to resolving all those differences, but remember the best answers obtainable are still approximate. One consideration that causes those differences is whether or not the result is gotten by Monte Carlo simulation or by looking at actual historical ...
by dbr
Mon Jan 21, 2019 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Calculation
Replies: 11
Views: 754

Re: Help with Calculation

All those calculators I pointed out in the BH Wiki were designed to address exactly your question. Most of them allow you to enter various circumstances such as Social Security, occasional expenses, extra assets, etc. or even something like purchasing an annuity. As with all models results should no...
by dbr
Mon Jan 21, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 6158

Re: Paying thousands per ticket to attend the NFL Super Bowl?

I received a suggestion to edit the thread: For those who enjoy following NFL football, is the NFL Super Bowl ticket price worth the experience? There is absolutely no sports event on this earth that I want to see bad enough to pay that kind of money for a ticket. If a ticket costs me thousands of ...
by dbr
Mon Jan 21, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3069

Re: Son moving to Denver from California

30+ years living Denver/Boulder and other front range cities. AWD and all-season tires are perfect for Denver/Boulder and the occasional trip into the mountains. Many people just have FWD vehicles (including DW) and some even rear-wheel drive with all-season tires and do just fine, although AWD or ...
by dbr
Mon Jan 21, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 6158

Re: Paying thousands per ticket to attend the NFL Super Bowl?

you should change first post to address people who actually LIKE and follow football, else you get some opinions (mostly negative) of people who don't follow the sport, know absolutely nothing about it, or just want to bash it. OP edited. Good suggestion. Well, I tend to follow pro football a littl...
by dbr
Mon Jan 21, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 70
Views: 3221

Re: Is it ever worth purchasing an extended warranty for a vehicle?

I have one experience with not buying the extended warranty that would have saved me $4500 in repairs if I had the warranty. YMMV
by dbr
Mon Jan 21, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 6158

Re: Paying thousands per ticket to attend the NFL Super Bowl?

Between those who would pay thousands to attend a super bowl and those who couldn't be paid thousands to attend a super bowl is a cultural gulf a million miles wide. This might be similar the gulf between those who would pay hundreds to attend a live rock concert and those who couldn't be paid hundr...
by dbr
Mon Jan 21, 2019 12:08 pm
Forum: Investing - Theory, News & General
Topic: Was the great bond bull market just plain bull?
Replies: 18
Views: 2376

Re: Was the great bond bull market just plain bull?

To my eye, it seems clear enough that, yes, the headwind has died down and total return has slowed. I don't think bonds will be as good an investment going forward as they have been in the past. Of course, if interest rates continue to rise, that is going to hit stocks as well. I don't see anything...
by dbr
Mon Jan 21, 2019 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Calculation
Replies: 11
Views: 754

Re: Help with Calculation

If I begin to draw funds in June '20 from account holding $160k as of today, what amount of monthly or annual draws can be made if I wish to stretch out for 25 years? Scenario is based on modest 6%-8% gains. Thanks! If you are really invested at 6%-8% then this is a spreadsheet exercise or even jus...
by dbr
Mon Jan 21, 2019 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Setting a personal AA glide path
Replies: 14
Views: 1072

Re: Setting a personal AA glide path

If one buys into the thought process that risk taken in investing, aka asset allocation, should be determined by need, ability, and willingness to take risk, then it would make sense as one goes through life to occasionally re-evaluate these factors and adjust asset allocation accordingly. The sugge...
by dbr
Mon Jan 21, 2019 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Help re-examine Vanguard fund choices (corrected with full fund names)
Replies: 13
Views: 1043

Re: Help re-examine Vanguard fund choices (corrected with full fund names)

Vanguard Brokerage account Vanguard Total Stock Market Index Fund Admiral Shares $3489 ER=.04 Vanguard IRA-Traditional Vanguard Total Bond Market Index Fund Admiral Shares $9160 ER=.05 Vanguard Total Stock Market Index Fund Admiral Shares $8967 ER=.04 Vanguard Total International Bond Index Fund Ad...
by dbr
Mon Jan 21, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: Was the great bond bull market just plain bull?
Replies: 18
Views: 2376

Re: Was the great bond bull market just plain bull?

Higher rates are good for long term investors because it means they will enjoy higher yields and therefore higher returns on bonds over their investing lifetime. The real benefit to bond investors over that "bull" period was the opportunity to earn high yields on fixed income and not see NAVs eroded...
by dbr
Mon Jan 21, 2019 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance or not?
Replies: 4
Views: 430

Re: Rebalance or not?

No, use a bands scheme and not too narrow a band. 5% is common but it can be more. Remember your real objective is to just not let your asset allocation drift far away from what you want. If you think 70/30 is what you want, choosing 80/20 or 60/40 would not be a lot different in outcome. Remember t...
by dbr
Sun Jan 20, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3605

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

I think in general it is wise to experience living in a range of locations and lifestyles. Otherwise you will never know and the perspective is enriching. That said Sunnyvale CA is not a place that would be very appealing to me. At the same time I would never consider living permanently in New York ...
by dbr
Sun Jan 20, 2019 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Highest Guaranteed Return Investment for My 75 Year-Old Dad?
Replies: 27
Views: 2377

Re: Highest Guaranteed Return Investment for My 75 Year-Old Dad?

Considering that inflation will undercut the value of any fixed dollar investment, I would say there are no guaranteed return investments. It is also tilting at windmills to ask for the "highest." If the issue is to just feel good getting a little more interest rather than a little less, a person ca...
by dbr
Sun Jan 20, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating Job Offer - Longer Commute
Replies: 40
Views: 1760

Re: Evaluating Job Offer - Longer Commute

At my current job, I cannot do any other work. Any other income has to be approved by the company. What? Can you explain this? From my perspective, a job change requires more money, improved quality of life, or title. I don't see any of those in your statements. Lot's of employers are concerned wit...
by dbr
Sun Jan 20, 2019 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1817

Re: Brand new here, what to do with $50K cash right now

You won't be taxed twice on anything. Capital gains taxes are on gains and not on principal withdrawn. There would be no gain on money in a savings account or money market fund. Leaving some cash in such assets until you know for sure what to do with the money is a perfectly fine alternative.
by dbr
Sun Jan 20, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating Job Offer - Longer Commute
Replies: 40
Views: 1760

Re: Evaluating Job Offer - Longer Commute

Reading what you say about your current job the subtext is that you will be leaving that employer sooner or later anyway. If that is really the case you have a false proposition here because there is no work at home job and all the choices involve a significant commute. Is it possible this is the re...
by dbr
Sun Jan 20, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 75
Views: 9904

Re: Follow-up to: My daughter's inheritance

In general is it sound? Yes. I guess in the soundness department, do you and your daughter understand the risk in stock investing and that the greatest practical danger is to panic, bail out, and sell low in a stock crash? In theory having to go through PAS to panic and sell provides a brake, but th...
by dbr
Sun Jan 20, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: 2019 Camry vs RAV4
Replies: 39
Views: 3673

Re: 2019 Camry vs RAV4

The Subaru Outback is essentially a raised tarted up Legacy wagon. They raise it and add some plastic cladding, but it is based on the Legacy. Worth a look, IMO, Compared to the Rav4 and CRV. Being up high also involves road clearance. The practical use of this is less chance of getting stuck drivi...
by dbr
Sun Jan 20, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating risk of home value dropping: how much riskier is single home vs housing market?
Replies: 18
Views: 1456

Re: Evaluating risk of home value dropping: how much riskier is single home vs housing market?

This paper seems to be the kind of research that would apply. It is from the UK, very theoretical, and probably not immediately helpful:

https://core.ac.uk/download/pdf/6291879.pdf

Some research on Google may turn up info.
by dbr
Sun Jan 20, 2019 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Parting ways with financial advisor--is this allocation right for now?
Replies: 13
Views: 925

Re: Parting ways with financial advisor--is this allocation right for now?

A baseline is to determine what allocation you want to stocks vs bonds and then figure out how to implement that using no more than three kinds of funds. Which account to locate what in would be more fussy. I don't suppose that advisor actually explained where you are in stock/bond asset allocation ...
by dbr
Sun Jan 20, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: 2019 Camry vs RAV4
Replies: 39
Views: 3673

Re: 2019 Camry vs RAV4

I would not get a 2018 Toyota anything. 2019 I believe is the first year they've added support for CarPlay and Android Auto. Cars are out of style right now. People get hooked on "sitting up high" in their vehicles, I suppose. Sitting up high in a vehicle is not a trivial benefit. At least with agi...
by dbr
Sun Jan 20, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 75
Views: 9904

Re: Follow-up to: My daughter's inheritance

Given that you're asking about being able to manage it, I would recommend the following: For now, put everything in a single target date fund. Later, as it becomes more clear that investing in the entire market can easily be done with 3 funds, create a 3 fund and move to that. Or just leave it in t...
by dbr
Sun Jan 20, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for International Travel
Replies: 51
Views: 3063

Re: Best Credit Card for International Travel

I have found credit union actual pin priority cards and contactless cards convenient when traveling outside the US, also even in the US. Pin and contactless are making inroads here. I have no interest in carrying and whipping out a smart phone to pay for things all over the place. One contactless ca...
by dbr
Sun Jan 20, 2019 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with my 10% cash just sitting there.
Replies: 10
Views: 1273

Re: Need help with my 10% cash just sitting there.

chevca wrote:
Sun Jan 20, 2019 1:23 pm
It sounds like you have already won the game... just on your bond side alone! Congrats!

With that in mind, does it really matter where you put this in your portfolio? Only a little, IMO. Put it wherever you'd like.
Yes, this is the actual answer.
by dbr
Sun Jan 20, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 75
Views: 9904

Re: Follow-up to: My daughter's inheritance

You might notice that a lot of that breakdown is really just the allocation within a single fund, namely total stock and total bond index funds. The actual number of funds is just 6. Two of those funds are to tilt the bond allocation a little more to investment grade, which is a sort of neither here...
by dbr
Sun Jan 20, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to reduce base expenses
Replies: 9
Views: 1236

Re: Trying to reduce base expenses

The obvious(?) solution to variable income is that you are supposed to have backup savings to even out years of greater or lesser income. What do your assets look like? Does throwing money at the mortgage mean you are skimping on savings reserves? Where is that $350k going and what is your history o...
by dbr
Sun Jan 20, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 78
Views: 8024

Re: What is the evidence against slice and dice?

I am not sure I ever understood what was meant by slice and dice. I think a tilted portfolio has to be slice and dice but I am not sure what it would mean to slice and dice a portfolio and not have it tilted. Would that mean an asset allocation matching the market at all times but held by owning sep...
by dbr
Sun Jan 20, 2019 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: High Yield vs Inter-Term Tax Exempt - Considering Rebalancing
Replies: 9
Views: 569

Re: High Yield vs Inter-Term Tax Exempt - Considering Rebalancing

If you go back and carefully read OP's post, it is about High Yield Tax Exempt, not about High Yield corporate. Some of the responses seem to have missed this fact. It could also be a comment that holding any High Yield Tax Exempt takes jusification and the better idea is to just stick to intermedi...
by dbr
Sun Jan 20, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8191

Re: Divorce w/child. Spouse wants to move.

It would be nice to know what the wife thinks is a fair split of the assets. Maybe there is not even a problem on that issue. That's the funny part. Sounds like that hasn't even been brought up yet. Or, maybe the ex just thinks everything will be going 50/50 and OP wants to drop this bomb? I'm stil...
by dbr
Sun Jan 20, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8191

Re: Divorce w/child. Spouse wants to move.

It would be nice to know what the wife thinks is a fair split of the assets. Maybe there is not even a problem on that issue.
by dbr
Sun Jan 20, 2019 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: High Yield vs Inter-Term Tax Exempt - Considering Rebalancing
Replies: 9
Views: 569

Re: High Yield vs Inter-Term Tax Exempt - Considering Rebalancing

There might be two thoughts. 1. You get to pay your money and take your choice. What that choice is comes down to your own judgement and preference. 2. If you hold a long term investment portfolio of stocks and bonds, then the biggest lever on risk and return is the allocation between stocks and bon...
by dbr
Sun Jan 20, 2019 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: VNYTX: Municipal Bond Fund
Replies: 5
Views: 575

Re: VNYTX: Municipal Bond Fund

If you don't sell your shares, can you still loose money in a bond fund such as VNYTX? Tabulated after inflation return of exactly what you paid for the bond is a loss of money. That loss is made up if the interest payments exceed the loss due to inflation. Also the coupon paid, while fixed in nomi...
by dbr
Sun Jan 20, 2019 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account as part of 2-fund AA - balancing, tax efficiency, etc.
Replies: 2
Views: 254

Re: Taxable account as part of 2-fund AA - balancing, tax efficiency, etc.

Once retired I probably would not worry so much about exact rebalancing. I wouldn't rebalance if it starts costing tax money and the balance is not seriously out of whack. When it comes to where the balance is seriously out of whack you have to make some decisions regarding risk. I would say being w...