Search found 254 matches

by BlackStrat
Mon Jul 27, 2015 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Investing as a High Schooler
Replies: 12
Views: 1416

Re: Investing as a High Schooler

Lafder - that was very well-said!
by BlackStrat
Mon Jul 20, 2015 1:19 pm
Forum: Investing - Theory, News & General
Topic: A Visual History of Market Crash Predictions
Replies: 12
Views: 2999

Re: A Visual History of Market Crash Predictions

Being a relative newbie to the world of investing, I've gone often to the MarketWatch website. Even in my ignorance I noticed a pattern of them being CONSTANTLY WRONG!! I guess writing the same old article about passive index fund investing wouldn't get many hits (although plenty of us return often ...
by BlackStrat
Thu Jul 16, 2015 7:45 am
Forum: Investing - Help with Personal Investments
Topic: All Eggs in One Basket?
Replies: 20
Views: 2952

Re: All Eggs in One Basket?

If Vanguard 'went under', I believe we'd all have bigger problems than simply losing our investments; even if you didn't have a dollar invested through them. Not to be overly dramatic, but we're talking worldwide collapse of markets, rioting in the street, angry gangs taking over cities, untempered ...
by BlackStrat
Sun Jul 12, 2015 6:07 am
Forum: Personal Finance (Not Investing)
Topic: DC-based Estate Attorney Mike Collins' Seminars
Replies: 8
Views: 1747

Re: DC-based Estate Attorney Mike Collins' Seminars

thanks for all the responses - I think I'll try a seminar.
by BlackStrat
Sat Jul 11, 2015 10:40 am
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 5303

Re: Indexing vs Active Stock Selection

I agree with luck of the draw on this one. I had a friend who worked for WorldCom back in the heyday. He amassed almost $4M in his 30's through stock options (which he couldn't yet realize). I was jealous. Of course, it all crashed and he ended up broke and starting all over again in his late 40's a...
by BlackStrat
Sat Jul 11, 2015 8:12 am
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 5303

Re: Indexing vs Active Stock Selection

Don't get me wrong - I'm totally in agreement with the Bogle philosophy and most of my other individual stock picks (I have a small E*TRADE Account and I'm also in an investment club) are nothing to write home about. In fact, I hope this thread wasn't misconstrued as me bragging as you can count me ...
by BlackStrat
Fri Jul 10, 2015 3:58 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 5303

Re: Indexing vs Active Stock Selection

For what it's worth, the total market grew about 9.7% annualized since 1990, so almost twice as much as a 7% assumption for the period. Obviously it depends on the exact dates and so on. Still, the stock returned more, though probably with much higher volatility. This is close enough that you can't...
by BlackStrat
Fri Jul 10, 2015 3:37 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 5303

Indexing vs Active Stock Selection

Like any Boglehead, I'm a fan of the idea of indexing, but I just got a shock off how much I've made from my company stock. I've been working on calculating my cost basis for company stock purchased over a total of 6 years starting nearly 25 years ago. I spent a total of nearly $16k and reinvested d...
by BlackStrat
Fri Jul 10, 2015 10:35 am
Forum: Personal Finance (Not Investing)
Topic: DC-based Estate Attorney Mike Collins' Seminars
Replies: 8
Views: 1747

Re: DC-based Estate Attorney Mike Collins' Seminars

From one who listens with knowledge of estate planning matters (and as a disinterested party) I think Mike Collins and his firm are savvy and reliable pros. They have a wide ranging and subtle understanding of estate issues for DC, MD and VA. Don't be put-off because he sponsors seminars. They are ...
by BlackStrat
Fri Jul 10, 2015 8:09 am
Forum: Personal Finance (Not Investing)
Topic: DC-based Estate Attorney Mike Collins' Seminars
Replies: 8
Views: 1747

DC-based Estate Attorney Mike Collins' Seminars

I hear ads for this guys firm all the time on the radio (he also has a Saturday morning call-in radio program). I'm not sure I'm in the right paygrade for looking at a trust but would like to learn more about it and I enjoy the way this guys explains things. Just wondering if anyone has attended one...
by BlackStrat
Thu Jul 02, 2015 3:52 pm
Forum: Investing - Theory, News & General
Topic: How did you start?
Replies: 35
Views: 4646

Re: How did you start?

27 with $120k - that's a great start.

Become a Boglehead - read "The Bogelhead's Guide to Investing" (which will be your best investment ever) for a start and hang around here reading the threads (and asking questions).

Welcome and good luck!
by BlackStrat
Tue Jun 30, 2015 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Unknown phone calls
Replies: 67
Views: 9103

Re: Unknown phone calls

livesoft wrote:I occasionally pick up a call if I am walking by the phone as it rings. Lately, it has been political robo-callers. [OT comment removed by admin LadyGeek]
wow - the moderators must be on a smoke break! :D
by BlackStrat
Tue Jun 23, 2015 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Best Advice [Best single piece of advice to give a new investor]
Replies: 56
Views: 6428

Re: Best Advice [Best single piece of advice to give a new investor]

Don't try to keep up with the Joneses.

Max out on 401k.

If you drink coffee (especially with sugar), rinse your mouth out afterwards (a dentist once told me he makes a living from that sugar sitting on the teeth for the morning)

Contribute to a Roth if you can.

Be a Boglehead from a young age.
by BlackStrat
Tue Jun 23, 2015 9:03 am
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

Re: The "4% Rule" revisited

@If the first year of your withdrawals is based on an initial accumulation of $1MM, and thus you take $40,000 withdrawal, but the total accumulation increases to, say $1.2MM at the end of that year, you would NOT take $48,000 the second year. Instead you would take $40,000 plus the amount needed to...
by BlackStrat
Fri Jun 19, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash
Replies: 26
Views: 5947

Re: What to do with cash

whoa - is the prepaid card savings account a one-time thing or can you sign up for it every year?
by BlackStrat
Fri Jun 19, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 98
Views: 19603

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

Anyway, good on you all!
Management respectfully asks that you please abstain from positive sentiments during the hand-wringing sessions!
by BlackStrat
Fri Jun 19, 2015 12:07 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

Re: The "4% Rule" revisited

CMartel wrote:After extensive analyses, I determined that SWR should be 3.241%. Even 1/1000 of a percent deviation either way will spell ruin. :D
10,000 comedians out of work.....

:D
by BlackStrat
Fri Jun 19, 2015 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash
Replies: 26
Views: 5947

Re: What to do with cash

since it's going to be a relatively active account (you don't want to lock into a CD), Ally bank currently has a .99 savings rate.
by BlackStrat
Thu Jun 18, 2015 9:01 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 98
Views: 19603

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

Well I'm certainly not deliberately trying to ruffle any feathers by asking the same old questions that you all have been obviously discussing for years. I'm relatively new on this site and have enjoyed learning a lot in my short time here. For me it's a brand new (and frightening) sensation - facin...
by BlackStrat
Thu Jun 18, 2015 6:24 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 98
Views: 19603

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

so let me get this straight:

the majority of you have hundreds or thousands of posts on a retirement forum, and yet you confess how self-assured you were at retirement time with regards to a withdrawal rate and whether or not you'd have enough for retirement.

call me skeptical :P
by BlackStrat
Thu Jun 18, 2015 4:15 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

Re: The "4% Rule" revisited

I would feel quite comfortable advising someone nearing retirement age to use the 4% rule verbatim, in practice, with a 60/40 portfolio, and not worry about making any changes unless we hit a recession so severe that their portfolio drops down to 2/3 the value of their initial balance Not to beat a...
by BlackStrat
Thu Jun 18, 2015 1:37 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

Re: The "4% Rule" revisited

Leesbro63 wrote:How many of these threads have there been in the last few years?
Sorry to add to the never-ending discussion Leesbro, but depending on where you are in life it could be a critical decision. :beer
by BlackStrat
Thu Jun 18, 2015 12:04 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

Re: The "4% Rule" revisited

Thanks Taylor - I've really enjoyed reading all these discussions as I'm considering a potential early (forced) retirement. While I can understand there will be many different views on the Trinity Study, what I love about it is that it gives relatively novice investors like me a starting point as to...
by BlackStrat
Thu Jun 18, 2015 10:43 am
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 19923

The "4% Rule" revisited

"The original 4% rule was simply based on whatever initial withdrawal rate would have worked in the worst-case scenario in (U.S.) history. Over the years, the sustainable initial withdrawal rate for a 60/40 portfolio has been as high as 10%, and had a median of almost 6.5%. However, in a few especi...
by BlackStrat
Wed Jun 17, 2015 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Do we have enough to retire?
Replies: 108
Views: 22396

Re: Do we have enough to retire?

Just bumping this thread - not sure how I came across it but I found it very entertaining (and informative).

It'd be nice to hear the OP's decision and, if retired, any findings from their first couple of years.
by BlackStrat
Tue Jun 16, 2015 1:54 pm
Forum: Investing - Theory, News & General
Topic: Doom and Gloom from Marketwatch
Replies: 26
Views: 6208

Re: Doom and Gloom from Marketwatch

Just bumping this after going to MarketWatch and reading (another) of Paul Ferrell's ridiculous articles. I searched his name here and found out I'm not alone in being agitated every time I see the title to one of his ridiculous, rambling, politically-biased-to-the-nth-degree so-called articles. Was...
by BlackStrat
Sun Jun 14, 2015 8:46 am
Forum: Investing - Theory, News & General
Topic: Why High Equity Allocation in Retirement
Replies: 86
Views: 14888

Re: Why High Equity Allocation in Retirement

Image

Does anyone know if there's a version of these Trinity Study tables that go to 40 (or more) years for those considering early retirement?
by BlackStrat
Sat Jun 13, 2015 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Employer Company Stock Purchase Programs
Replies: 14
Views: 1701

Re: Employer Company Stock Purchase Programs

great article skjoldur.

Unfortunately I've held onto the stock from the last 3 distribution cycles (1st one has gone up nearly 50%). I guess I'll wait out the period between short term and long-term Capital Gains but plan on selling any future lots instantly.
by BlackStrat
Sat Jun 13, 2015 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Brand New - Need Help! Which book???
Replies: 28
Views: 3365

Re: Brand New - Need Help! Which book???

You're in great shape with the fact that you're interested in investing and still have plenty of time (I didn't start until I was 30 and had no idea what I was doing for years but luckily discovered Bogle and the concept of an index fund). I recently read Bogleheads Guide to Investing and would thin...
by BlackStrat
Sat Jun 13, 2015 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Employer Company Stock Purchase Programs
Replies: 14
Views: 1701

Employer Company Stock Purchase Programs

I was curious as to what the Bogleheads think of participating in a company stock purchase program where the stock is offered at a discount price. I was with my recent employer for over a couple of decades. They offered company stock on a 6-month cycle; deductions would be made from my paycheck and ...
by BlackStrat
Fri Jun 12, 2015 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Company Stock / Cost Basis / Diversification / Vanguard Brokerage
Replies: 2
Views: 451

Re: Company Stock / Cost Basis / Diversification / Vanguard Brokerage

Thanks HurdyGurdy. I didn't really frame the original questions well, but I did contact the existing broker (offshore help desk - hard to understand) and then Vanguard. Just another example of Vanguards awesome customer service. Their analyst told me they have a 'cost basis' group that could walk me...
by BlackStrat
Wed Jun 10, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Company Stock / Cost Basis / Diversification / Vanguard Brokerage
Replies: 2
Views: 451

Company Stock / Cost Basis / Diversification / Vanguard Brokerage

I have a substantial amount of company stock purchased in the 90's and early 2000's with several splits, company offshoots, and constant dividend reinvestments. The stock is held in a brokerage account where I can get a lot of the transaction history, etc. It makes up a larger % of my portfolio than...
by BlackStrat
Sun May 31, 2015 2:19 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott 'infomercial' on MPT [Maryland Public TV]
Replies: 21
Views: 2782

Re: Ed Slott 'infomercial' on MPT

"This commentary may be a little harsh" I don't mean to rag on the guy. The presentation was slick and it did keep my attention for awhile. I just have a hard time convincing myself that the powers-to-be (our gov't) won't change the rules down the road on the Roth IRA laws and pull the rug out from ...
by BlackStrat
Sun May 31, 2015 2:08 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott 'infomercial' on MPT [Maryland Public TV]
Replies: 21
Views: 2782

Re: Ed Slott 'infomercial' on MPT

What I'd like to know is where does he get the people in the studio audience?

They all nod emphatically (together) and resemble stepford wives the way they appear to be buying what he's selling hook, line, and sinker.
by BlackStrat
Sun May 31, 2015 1:40 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott 'infomercial' on MPT [Maryland Public TV]
Replies: 21
Views: 2782

Ed Slott 'infomercial' on MPT [Maryland Public TV]

I caught a little of this today - just wondering what the bogleheads think. From what I gather, Slott is primarily focused on sheltering retirement earnings from taxes. He recommends converting all appropriate traditional IRA's into Roth IRA's (no matter the current tax ramifications). He also menti...
by BlackStrat
Fri May 29, 2015 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Intuit Quicken Question
Replies: 9
Views: 1710

Re: Intuit Quicken Question

thanks for the replies. I was replacing an old computer and wanted to upgrade anyway (I went with Deluxe).

I can't really trust the cost basis tracking either, but it's a great tool for putting everything in its place.
by BlackStrat
Fri May 29, 2015 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Just general comments for a 22 y/o on financial position
Replies: 31
Views: 5501

Re: Just general comments for a 22 y/o on financial position

this site is gold. I wish it were around when I was 22.

youth is wasted on the young!
by BlackStrat
Fri May 29, 2015 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can my husband retire yet?
Replies: 112
Views: 18779

Re: Can my husband retire yet?

I believe I also read somewhere that the 4% rule is for 25-30 years of retirement. Retiring at a younger age, I think the percentage is about 3.3% for someone at 54 years of age ($23,100 pre-tax).

(sorry)
by BlackStrat
Fri May 29, 2015 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Intuit Quicken Question
Replies: 9
Views: 1710

Intuit Quicken Question

I see Intuit has a sale on right now: Quicken Deluxe 2015 $44.99 (normally $74.99?) Quicken Premier 2015 $62.99 (normally $104.99?) I'm already a long time Deluxe user and am ready to upgrade from an old version. I can't see getting a much better deal on the deluxe version but is Premier worth it? J...
by BlackStrat
Tue May 19, 2015 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Talk me out of Timing the Market!
Replies: 30
Views: 4602

Re: Talk me out of Timing the Market!

fmzip wrote:Last year about this time I had $500k on the sidelines with the very same question......
I'm at about the same $$ amount and am nervous as all get out....but it's time to pull the trigger!
by BlackStrat
Mon May 18, 2015 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Young And Clueless
Replies: 28
Views: 3635

Re: Young And Clueless

"So, my advice? The minute the pay increase comes thru, go to your HR department and max out your Traditional 401k. Yep, all $18k." I just ran a quick spreadsheet - at age 21, if you put $18,500 into an equity fund averaging 7% for 10 years (until age 30) and then stopped but left it to continue ea...
by BlackStrat
Mon May 18, 2015 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Young And Clueless
Replies: 28
Views: 3635

Re: Young And Clueless

You're 21 years old and looking at what you can do to save for retirement? You're one of the least 'clueless' people I've seen - Congrats. My advice: listen to the bogleheads (buy their books) and start playing with simple spreadsheets that illustrate contributions and compound growth. It's slow at ...
by BlackStrat
Mon May 18, 2015 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Any ContraFund Fans Here?
Replies: 7
Views: 1116

Re: Any ContraFund Fans Here?

Luckily mine is in a tax-advantaged account. Thanks for the input and link - seems like Contrafunds' best days may be behind and it'll be a good time to jump ship. I need to add bonds to my equities-laden portfolio - this may be the time to do it.
by BlackStrat
Mon May 18, 2015 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Any ContraFund Fans Here?
Replies: 7
Views: 1116

Any ContraFund Fans Here?

I'm attempting to simplify my portfolio and perhaps jump to either the 3 or 4-fund portfolio. However I have a Fidelity Contrafund in both my previous and current employer 401k accounts: Fidelity Contrafund (FCNTX) - approx 18% of my entire combined portfolio Fidelity Contrafund (FCNKX) - new employ...
by BlackStrat
Fri May 15, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Talk me out of Timing the Market!
Replies: 30
Views: 4602

Re: Talk me out of Timing the Market!

It wouldn't be worth the time to post my portfolio as I'm in the process of drastically changing it (and I don't want to get publically mocked for my ignorance!). I'm now leaning towards either the 3-fund or 4-fund approach (total & international index funds for both stocks and bonds) and I'll start...
by BlackStrat
Fri May 15, 2015 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Talk me out of Timing the Market!
Replies: 30
Views: 4602

Re: Talk me out of Timing the Market!

yeah - I'm going to go lump sum.

the question now is allocation mix; 3 or 4 fund or using a vanguard target fund.

either way - I'm going to keep it simple.
by BlackStrat
Fri May 15, 2015 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Talk me out of Timing the Market!
Replies: 30
Views: 4602

Talk me out of Timing the Market!

I have a phone appt. with a Vanguard advisor in an hour. I don't have time to post my current portfolio but can give you some details. A recent inheritance and the decision to move cash from non-Vanguard accounts finds me with a relatively large (to me) amount of cash in a vanguard money market acco...