Search found 13526 matches

by pkcrafter
Thu Nov 14, 2019 11:45 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20840

Re: Holding bonds vs 100% equities

“The market can stay irrational longer than you can stay solvent.” John Maynard Keynes. It seems very inappropriate to suggest 100% stocks to investors we don't know, which includes those that don't yet know their own tolerance. Some investors can go 100% stock, but I don't think they represent the ...
by pkcrafter
Wed Nov 13, 2019 12:01 pm
Forum: Personal Investments
Topic: New financial responsibilities - a young couple seeking advice
Replies: 18
Views: 1248

Re: New financial responsibilities - a young couple seeking advice

Baxxter, you are receiving good advice, so I just have one comment... Current retirement assets His 401k: $14k – company match is ~4%, fully vested in a couple of years 40% Vanguard Target Retirement 2055 25% Vanguard Mid Cap Index 20% Vanguard 500 Index 15% Vanguard Small-Cap Index Her 403b: $10k (...
by pkcrafter
Tue Nov 12, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: The End Is Near....Isn't It ?
Replies: 27
Views: 2096

Re: The End Is Near....Isn't It ?

So, am I the only one who feels uncomfortable with what the economy has in store for us in 2020 ? No, you're not the only one. I am a lifelong boglehead....index funds, proper asset allocation, stay the course, ignore the noise, think long term...yep. All have served me well....BUT...I'm a little o...
by pkcrafter
Tue Nov 12, 2019 4:37 pm
Forum: Personal Investments
Topic: Dad is looking to move money out of Fisher Investments...need advice
Replies: 16
Views: 2621

Re: Dad is looking to move money out of Fisher Investments...need advice

My dad has a fair amount of his and my mom's retirement money at Fisher Investments. I recommended to him that he read "The Little Book of Common Sense Investing", and I think he's starting to catch on. He asked that I give him some proposed asset allocations in the event he decides to move some or...
by pkcrafter
Mon Nov 11, 2019 3:18 pm
Forum: Personal Investments
Topic: 5 fund portfolio
Replies: 10
Views: 1337

Re: 5 fund portfolio

Welcome,

How much do you hold, or want, in bonds? This decision sets the primary asset allocation. Most recommendations for REITS are 10-15% of equity. International is usually suggested between 15-40% of equity. Most are holding 25-30% in int. No recommendation for gold.

Paul
by pkcrafter
Sun Nov 10, 2019 6:56 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20840

Re: Holding bonds vs 100% equities

The views of risk-takes and risk averse investors continues on in this thread with no agreement and each saying the other is wrong. It's only right or wrong for the individual investor, so it's a good idea to NOT TELL an investor you don't know that he should or should not be 100% stocks. I like thi...
by pkcrafter
Sun Nov 10, 2019 10:29 am
Forum: Personal Investments
Topic: Ira allocation
Replies: 4
Views: 202

Re: Ira allocation

Have approx 1.5 million in nest egg, 74 yrs old, half ira, half taxable. Allocation percentage for all is 40 percent. Index funds and st bonds in both ira and taxable Ira is 30 percent While taxable is 50 percent allocation I receive enough in rmd, dividends, and ss to live fine. My question since ...
by pkcrafter
Fri Nov 08, 2019 1:46 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20840

Re: Holding bonds vs 100% equities

Wow, this thread is a classic and fascinating example of how AA recommendations can differ depending on if the responding poster is a risk seeker or risk averse . Once again, It's very clear that these two types of investors CANNOT understand or even see the other side. What is clear is 100% stocks ...
by pkcrafter
Thu Nov 07, 2019 3:07 pm
Forum: Personal Investments
Topic: Financial Advisor
Replies: 21
Views: 2084

Re: Financial Advisor

Update... We moved our Roth IRAs to Fidelity and are self-managing. Very pleased with the transfer process. Everything transferred over in the same funds, then we sold everything and made our purchases. Best move ever! Very good. Now, do you still have investments through the bank? Getting a deferr...
by pkcrafter
Thu Nov 07, 2019 10:06 am
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2616

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

Investor behavior and performance, O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..." They were the accounts of people who forgot they had an account at Fidelity." https://www.businessinsider.com/forgetful-investors-performed-bes...
by pkcrafter
Wed Nov 06, 2019 3:28 pm
Forum: Personal Investments
Topic: How to optimize $2k bonus for Chase private banking
Replies: 7
Views: 1212

Re: How to optimize $2k bonus for Chase private banking

Welcome to the forum. I don't have an answer to your question except to say don't invest with Chase, so I'll bump your question up for additional comments.

Paul
by pkcrafter
Tue Nov 05, 2019 10:40 am
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 4612

Re: Stock market at its peak

Hi everyone, I have a large sum of money and would like to invest in Total stock market or S&P 500. Unfortunately these two stocks are now are at all-time high and I am just wondering if there is a better strategy of investing when the market is at its peak. Thank you! Welcome, snap-rp. I believe t...
by pkcrafter
Sun Nov 03, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: How do you reconcile these two opposing views
Replies: 42
Views: 3664

Re: How do you reconcile these two opposing views

From 2017-- Bernstein's bond choice.

viewtopic.php?t=230930

What have we learned?

Paul
by pkcrafter
Sat Nov 02, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: How do you explain individual stock risk (idiosyncratic) vs. stock market risk (systematic) in a simple, intuitive way?
Replies: 21
Views: 1203

Re: How do you explain individual stock risk (idiosyncratic) vs. stock market risk (systematic) in a simple, intuitive w

"Why don't you own individual stocks?", and I tell them "Because stock-specific risk is not systematic, it's unnecessary risk that can be diversified away, and this improves risk-adjusted performance", they might give me a blank look and not understand the essence of what I'm saying. Technically, w...
by pkcrafter
Sat Nov 02, 2019 11:58 am
Forum: Personal Investments
Topic: New to investing.. Inheritances. We are already retired 65y & 72 yrs old
Replies: 23
Views: 2473

Re: New to investing.. Inheritances. We are already retired 65y & 72 yrs old

Taxable VBILX Vanguard Intermediate-Term Bond Index Fund Admiral Shares VWIAX Vanguard Wellesley Income Fund Admiral Shares VWENX Vanguard Wellington Fund Admiral Shares These funds are not tax-efficient and should not be in a taxable account. https://www.bogleheads.org/wiki/Tax-efficient_fund_plac...
by pkcrafter
Wed Oct 30, 2019 9:19 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5096

Re: Afraid to take the leap

stef, your AA at 100% stock is higher than your personal risk tolerance, so you have to reduce it so it’s in your comfort zone. Perhaps somewhere between 50 and 75% stock?

There really no time that is “safer.” No matter when you enter, risk is there.

Paul
by pkcrafter
Mon Oct 28, 2019 11:29 pm
Forum: Personal Investments
Topic: Purchase Fee on Vanguard Bond Fund
Replies: 11
Views: 1209

Re: Purchase Fee on Vanguard Bond Fund

I'm looking to add a dedicated corporate bond fund to my taxable account. The obvious one that jumps out is VICSX Intermediate Term Corporate Admiral. Of course I'd rather have it in my IRA account, but not possible to put new $$ there since I'm retired. You don't have to put new money into your IR...
by pkcrafter
Fri Oct 25, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: New Investors, here's some interesting data
Replies: 3
Views: 639

New Investors, here's some interesting data

More evidence that it’s really hard to ‘beat the market’ over time, 95% of finance professionals can’t do it https://www.aei.org/carpe-diem/more-evidence-that-its-really-hard-to-beat-the-market-over-time-95-of-finance-professionals-cant-do-it/ The 10-year trailing return for the S&P 500 ranks in th...
by pkcrafter
Wed Oct 23, 2019 1:36 pm
Forum: Investing - Theory, News & General
Topic: "Dogs of the Dow" in a Roth IRA with Zero Commissions
Replies: 52
Views: 3355

Re: "Dogs of the Dow" in a Roth IRA with Zero Commissions

I don't agree with putting all my net worth into total market index funds. This prevents me from having the opportunity to outperform. I don't like to preclude myself of any opportunities to do better than the average. I reach for high performance. Are you saying total stock market indexing produce...
by pkcrafter
Wed Oct 23, 2019 10:10 am
Forum: Personal Investments
Topic: QCDs in first year of RMDs
Replies: 10
Views: 855

Re: QCDs in first year of RMDs

stlrick wrote:
Wed Oct 23, 2019 7:11 am
AlanS:

It appears you found the regulation. Thanks very much.

Rick
Alan S is an expert in this area. :moneybag

Paul
by pkcrafter
Wed Oct 23, 2019 10:03 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2051

Re: How do you get over an investing mistake?

It was not a mistake. The actual mistake was not taking more off the table. What you describe now is greed, not smart investing. No matter how much you researched it, it could have failed.

Paul
by pkcrafter
Tue Oct 22, 2019 6:53 pm
Forum: Personal Investments
Topic: Portfolio Feedback/Advice?
Replies: 14
Views: 703

Re: Portfolio Feedback/Advice?

FAR15 wrote:
Tue Oct 22, 2019 3:51 pm
Greetings. I previously posted about moving funds (mine and my spouse’s) from Ameriprise to Vanguard. Since then, we have done so. Our financial advisor continues to provide advice for a fixed price

You are still using an Ameriprise advisor?? Ongoing at 1%?

Paul
by pkcrafter
Tue Oct 22, 2019 6:14 pm
Forum: Personal Investments
Topic: Emergency Fund - why not VTSAX?
Replies: 52
Views: 4758

Re: Emergency Fund - why not VSTAX?

Hi, I keep reading about emergency fund in a savings account, and I am worrying about getting something wrong...why not keep it in one of the VSTAX or some other fund the like? Why do people insist in having it in savings account? Is it do have it immediately available? Or is it related to transact...
by pkcrafter
Tue Oct 22, 2019 12:52 pm
Forum: Personal Investments
Topic: Investing in equities in EDJ as cheaply as possible
Replies: 21
Views: 1306

Re: Investing in equities in EDJ as cheaply as possible

Welcome Jules, I know you are trying to do the right thing, but your emotions are really tied up. I was trying to be brief, since my post was already long, but apparently I didn't include enough details to overcome a boglehead's hatred for EDJ. I"m with you on high fees. EDJ has particularly high fe...
by pkcrafter
Mon Oct 21, 2019 5:33 pm
Forum: Personal Investments
Topic: Advice for friend - lots of loads and high ER yet good returns
Replies: 37
Views: 2501

Re: Advice for friend - lots of loads and high ER yet good returns

Compoundinterest, you and friend should be aware that class A funds have a front-end load (commission) that is removed before the remainder of the money is invested, so returns do not reflect the entire amount handed over to the advisor, they only reflect what was invested after the advisor grabbed ...
by pkcrafter
Mon Oct 21, 2019 3:50 pm
Forum: Personal Investments
Topic: Portfolio Review-Lazy Not for me
Replies: 28
Views: 1601

Re: Portfolio Review-Lazy Not for me

Years of buying without a Portfolio plan. I found this board and love it. I changed to the Lazy 3 fund Portfolio. After just two weeks i'm pulling out of the Lazy 3 funds. I think it great for some but it's not for me. Here's my new Portfolio. It's more in line with Paul Merriman, it's also more me...
by pkcrafter
Mon Oct 21, 2019 3:04 pm
Forum: Personal Investments
Topic: suggest 50/50 portfolio
Replies: 24
Views: 3802

Re: suggest 50/50 portfolio

Wild Willy, I have looked carefully at minimum withdrawal rate for someone withdrawing ~4%, no pension, only SS. I found that 40% equity does (did) keep up the portfolio value, but 35% was not quite enough. Everyone's situation is a bit different, but without pension, etc, I now suggest 40% minimum ...
by pkcrafter
Sun Oct 20, 2019 6:29 pm
Forum: Personal Investments
Topic: VFIAX vs PDGIX in 457b plan?
Replies: 5
Views: 326

Re: VFIAX vs PDGIX in 457b plan?

Look at Morningstar perfomance chart for PDGIX vs index. It looks like the index has slightly outperformed recently and clearly outperformed over the past several years. Here's a link which will take you to "portfolio." Once there, chick on "performance." https://www.morningstar.com/funds/xnas/pdgix...
by pkcrafter
Sat Oct 19, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 794

Re: H 4 P program

I know one retirement planner mentioned on BH (Wade Pfau, PhD) has done research on using reverse mortgages during retirement. You may find his website useful: https://retirementresearcher.com/using-reverse-mortgages-responsible-retirement-income-plan/ Another article I saw: https://www.forbes.com/...
by pkcrafter
Sat Oct 19, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 794

Re: H 4 P program

I know one retirement planner mentioned on BH (Wade Pfau, PhD) has done research on using reverse mortgages during retirement. You may find his website useful: https://retirementresearcher.com/using-reverse-mortgages-responsible-retirement-income-plan/ Another article I saw: https://www.forbes.com/...
by pkcrafter
Sat Oct 19, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 794

Reverse Mortgage - H 4 P program

H 4 P is a reverse mortgage program for seniors. A friend is interested and asked me about it. Since it's a reverse mortgage I said no, but now I'm not so sure. Any experience or feedback? One article on H 4 P https://reversemortgagedaily.com/2017/02/28/despite-latest-hud-ruling-h4p-hurdles-remain-c...
by pkcrafter
Fri Oct 18, 2019 12:48 pm
Forum: Personal Investments
Topic: Where To Park My Money While Saving Up For New Fund
Replies: 6
Views: 1008

Re: Where To Park My Money While Saving Up For New Fund

So I'm still new to this. I have only one fund so far: VTSAX. I'm currently saving up for a new fund: VBTLX. Is VTSAX in a tax-deferred account, or in a taxable account? Do you have any tax-advantaged accounts like 401k, IRA or Roth? You should consider all accounts as part of one portfolio, and bo...
by pkcrafter
Fri Oct 18, 2019 11:22 am
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9782

Re: Retiring and Getting Over The Fear of Quitting?

Random Poster, the above replies are very good. I see that you are no stranger to Bogleheads so you should be familiar with safe withdrawal rate and portfolio construction. How much you should have in equities depends on your withdrawal %, but I think about 40% in equity is about the amount needed t...
by pkcrafter
Thu Oct 17, 2019 7:32 pm
Forum: Personal Investments
Topic: Fidelity Target or John Bogle advice?
Replies: 14
Views: 1715

Re: Fidelity Target or John Bogle advice?

So my understanding was that John Bogle recommended investing your age in bonds and reminder in index. Fidelity Target Funds however don't seem to be following this ratio. I am 40 years old and I want to retire in 2035. Mr. Bogle would recommend I have 40% in bonds and 60% in index. But check out F...
by pkcrafter
Thu Oct 17, 2019 11:57 am
Forum: Personal Investments
Topic: Index Outperforms Actively Managed?? BASIC Q
Replies: 9
Views: 994

Re: Index Outperforms Actively Managed?? BASIC Q

ksoangxhc, your question has been answered, but I will also add this: don't choose a target fund by date, choose it by the asset allocation you want.


Paul
by pkcrafter
Thu Oct 17, 2019 10:43 am
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 84
Views: 6703

Re: Thoughts on 33% Large 33% Mid and 33% small?

I am very curious on everyone's thoughts on having a portfolio that is 100% equities and then broken down to 33% large cap, 33% Mid Cap and then 33% Small Cap? Lets hear your thoughts on this model please? diablo, you have generated a lengthy discussion, mainly because other investors have differen...
by pkcrafter
Wed Oct 16, 2019 10:22 pm
Forum: Personal Investments
Topic: Cash basically sitting uninvested. What to do?
Replies: 40
Views: 3633

Re: Cash basically sitting uninvested. What to do?

curiosity, welcome to investing and the forum. I'll respond to your question, but as a new member, you might post information according to this suggested format: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 So I have a significant chunk of cash sitting relatively idle right now (its in...
by pkcrafter
Wed Oct 16, 2019 9:19 am
Forum: Personal Investments
Topic: Confused newbie
Replies: 14
Views: 1263

Re: Confused newbie

I use Buckingham Strategic Wealth. I am 60 years old and retired on disability. My wife is also 60 and plans to work to 65. My portfolio balance is $1.4m. Apologies if this is a over simplified question but before I get into the weeds I want to know if the following performance report is as bad as ...
by pkcrafter
Tue Oct 15, 2019 12:13 pm
Forum: Personal Investments
Topic: Helping 23-year-old with first 401K: 2 questions
Replies: 17
Views: 1075

Re: Helping 23-year-old with first 401K: 2 questions

To the OP, I hesitate to chime in here, but there are two issues you should consider. 1. 100% stock to a new, untested investor (as suggested by some posters) is not a great idea. Investors have built-in risk tolerance levels and neither us or the new investor knows what the emotional limit is. The ...
by pkcrafter
Mon Oct 14, 2019 3:53 pm
Forum: Personal Investments
Topic: Diversify my portfolio further with factors and sectors
Replies: 71
Views: 3723

Re: Diversify my portfolio further with factors and sectors

And readers and newer members wonder why Bogheheads recommend the 3-fund portfolio. :oops: :confused :)

Paul
by pkcrafter
Sun Oct 13, 2019 3:01 pm
Forum: Personal Investments
Topic: Extricating Myself From an Advisor and Investment Bank
Replies: 36
Views: 2378

Re: Extricating Myself From an Advisor and Investment Bank

welcome to the forum, About 2 years ago, I inherited a family member's holdings at a large investment bank. He paid his advisor 1% of total assets under management, managing a portfolio of about 80% bonds and 20% blue-chip stocks. This portfolio and allocation is what I inherited and has seen some ...
by pkcrafter
Sat Oct 12, 2019 2:00 pm
Forum: Personal Investments
Topic: Portfolio planing tool
Replies: 6
Views: 724

Re: Portfolio planing tool

Is there any tool out there that I can use when a fund has a shorter duration of time to track...like the newer low volatility funds? I can see what the 3 key funds that I use now would do but kind of curious. Thank you. I think you mean you can see what the 3 KEY Funds that you use did do, not wou...
by pkcrafter
Sat Oct 12, 2019 10:49 am
Forum: Personal Investments
Topic: Can't do this alone-need a financial planner-please help!
Replies: 50
Views: 10693

Re: Can't do this alone-need a financial planner-please help!

Novice111, you have made great progress from a very complicated position. Lots of good advice, and a lot of untangling from Ruralavelon. And now the white coat investor has chipped in.

Here is a link to white coat investor's website.

https://www.whitecoatinvestor.com/

Well done,


Paul
by pkcrafter
Fri Oct 11, 2019 8:01 pm
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 5018

Re: Retirees, when did you start really planning your retirement?

I made the decision to delay SS until 70 when I was 62. I also began to do Roth conversions when the law changed in 2010 to allow conversions regardless of income. Early on I made a decision that I did not want a mortgage in retirement. I ran numbers through various retirement calculators about ten...
by pkcrafter
Thu Oct 10, 2019 11:05 am
Forum: Personal Investments
Topic: Registered Investment Advisers typical fees
Replies: 10
Views: 1135

Re: Registered Investment Advisers typical fees

Thank Usagi! I'm entertaining two different advisors. The one is independent CFA who charges an upfront fee of 3500. for the first year and a touch-up hourly fee each year afterwards. This sounds like a fee for a one-time complete investment plan, not assets under management. The other owns his own...
by pkcrafter
Wed Oct 09, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: "Bogle on Mutual Funds" A Gem
Replies: 23
Views: 2928

Re: "Bogle on Mutual Funds" A Gem

Phil DeMuth wrote:
Wed Oct 09, 2019 12:28 pm
The book that changed my life...
Thanks for the feedback, Phil. Glad you took the time to contribute.


Paul
by pkcrafter
Wed Oct 09, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: "Bogle on Mutual Funds" A Gem
Replies: 23
Views: 2928

Re: "Bogle on Mutual Funds" A Gem

Thank you Taylor for your unwavering belief in the simple and true Boglehead way.

You are a Boglehead gem. :sharebeer


Paul
by pkcrafter
Wed Oct 09, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation Driver
Replies: 13
Views: 1402

Re: Asset Allocation Driver

All - It seems to me that age and risk tolerance seem to be the biggest driver of asset allocation on this forum. How about total investable assets? Wouldn't your net worth be a significant driver of your risk tolerance? Let's say your investment plan says your AA will be 90/10 until 35 then 85/25 ...
by pkcrafter
Sat Oct 05, 2019 2:01 pm
Forum: Investing - Theory, News & General
Topic: Graphic of Index Investing
Replies: 7
Views: 2575

Re: Graphic of Index Investing

Thanks, very interesting information. I'm really surprised there are no other replies.

Paul