Search found 860 matches

by Cody
Tue Apr 03, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Primerica - a formative experience on the way to being a Boglehead
Replies: 8
Views: 2510

Re: Primerica - a formative experience on the way to being a Boglehead

How typical is this story. Is it common practice at many corporations or just a few?

Thanks for the story.

Cody
by Cody
Sat Mar 31, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Re: Explain one more time how balance funds work

My explaining is subpar for sure - which leads to confusion by the reader. It shows I too am confused. Let say you have two portfolios - 1. A Balanced Fund (BF) of 60-40 and 2. A 3 Fund Portfolio (3FP) of 60-40 which is currently at exactly 60-40 (no rebalncing needed) RMD comes along and you must t...
by Cody
Fri Mar 30, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Re: Explain one more time how balance funds work

cody, does the issue with balanced funds you are trying to explain pertain to withdrawals when stocks are down, and with a balanced fund you must also withdraw from equity whereas with individual funds you would not withdraw equity? Paul That is correct Paul. In a down equitiy market (with a BF) yo...
by Cody
Thu Mar 29, 2018 9:20 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20833

Re: A lot of heavy hitters this morning

On my lunchtime walk yesterday, I found a dime in the parking lot. When I got home, I showed my wife and told her all about it. It's why we'll be able to retire with 50X spending. :D I had read somewhere that more backs are thrown out pick up coins than any other cause of back issues. So, speaking ...
by Cody
Thu Mar 29, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Re: Explain one more time how balance funds work

OP here. I'm not sure if those who currently have a balanced fund of some sort have concluded anything about "rebalancing" their own portfolio vs letting the the fund itself do it. But is it safe to assume that on "average balance" funds at Vanguard (Target, Lifestyle, etc) generally do as well as i...
by Cody
Wed Mar 28, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 143
Views: 23902

Re: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios

Reviving this 2015 post. So this is 2018. And the discussion is still germaine. Would like more 2018 thoughts if you like. Then I tried to find what a Single Premium Annuity would cost today at age 80 with say $200,000 if portfolio money to invest. But got to many offers to buy. Could someone tell m...
by Cody
Tue Mar 27, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Re: Explain one more time how balance funds work

I am beginning to make sense of this (I think). I have almost no taxable funds (sold them some time back to pay for a Social Security delay until I'm 70 (next year). Also used some of it to pay taxes on large Roth conversions over the last several years. My general conclusion is that balanced funds ...
by Cody
Tue Mar 27, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Re: Explain one more time how balance funds work

I may not be making myself clear.

Say bonds hold at 0% return and equity drops by 25%.

Normally at RMD you would probably sell bonds.

With balanced funds you have not choice which to sell (which may be part of the beauty of a BF but not as efficient).

Is it a big deal?

Cody
by Cody
Tue Mar 27, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Explain one more time how balance funds work
Replies: 37
Views: 3411

Explain one more time how balance funds work

Suppose you have a balanced fund of some sort with a 60% stock and a 40% bond allocation. And either the stock or bond market drops fairly significantly. Normally you would sell you better performing holding (I know some argue this is not necessarily best). But with this balanced fund you are "force...
by Cody
Mon Mar 19, 2018 3:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 42
Views: 6354

Re: San Antonio Local Chapter Established

Congrats on this project from someone who belongs to the Minnesota Chapter. (MNBH) One of the really cool things that has happened here is that we have two additional "coffee" groups that meet as well. They are adjuncts to the big group. The main group meets 4 times a year and the coffe groups (much...
by Cody
Fri Mar 09, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions now less meaningful?
Replies: 6
Views: 1463

Re: Roth conversions now less meaningful?

rts58: interestingly I put the Roth conversion into a separate Roth account at Vanguard in case I would have to recharacterise (thanks Peter). I just checked it and it has gone up $2500 since the conversion. So I will not be recharacterising. At least not unless it drops substantially.

Cody
by Cody
Wed Mar 07, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions now less meaningful?
Replies: 6
Views: 1463

Roth conversions now less meaningful?

I have had the opportunity to do substantial Roth Conversions in the old 15% tax bracket. Of course I paid the taxes (Federal and State) on those Roths conversions at 15% and 7.5%. So have I been "had" by the system. 1) I could have waited until this year (my last year of conversions for me and woul...
by Cody
Tue Feb 06, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Free standing gas stove vent is hot!
Replies: 7
Views: 886

Free standing gas stove vent is hot!

I'd like your opinion on what you think causes my free standing stove, in the basement, to "invert" the venting.. This means that the hot gas (supposed to vent up the middle of the vent pipe) is venting on the "outerside" of the vent. Thus the vent gets very hot, and is very dangerous. And even smel...
by Cody
Tue Feb 06, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 69
Views: 6770

Re: Washer/Dryer longevity ?

I just tried to replace a sensor on our clothes dryer but the wiring (from the last repair guy) was done incorrectly. So I felt I had to call a differnet repair guy in the get the wiring correct. Anyway, it turned out the real problem was the heating coil. He charged me $150 for the service call and...
by Cody
Fri Jan 12, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: In this case is fliexibilty better that efficiency? A question about fund placement.
Replies: 1
Views: 255

In this case is fliexibilty better that efficiency? A question about fund placement.

Subject should read "better than". So I have all our equity in Roths and all bonds in our Rollover IRAs (with no taxable $). That is seems to be quite efficient. Does it make any difference which of the below options I choose at RMD. Let's say next year the stock market does well - so I want to take...
by Cody
Wed Jan 10, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Noise in my attic
Replies: 307
Views: 79943

Re: Noise in my attic

OP here. OMG - I was so surprised to see that this post still has legs. If you check other later cody posts you will see I resolved the problem. It was an eletro magnetic short in a stereo that was throwing the sound off the ceiling (every one thought it was a noise from the attic). So we were ready...
by Cody
Wed Jan 10, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 84
Views: 12195

Re: New mattress

Sleep EZ orgainic latex mattress! We love it. My wife is a "hot momma" and never complains about heat retention in the bed. I never think about the bed being too warm (doesn't enter my mind). Great customer service. Best latex prices we could fine.

Cody
by Cody
Tue Jan 02, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 14065

Re: Embarrassment Preventing Retirement Work: A factor for you?

As a former, now retired, teacher I felt pressure to get out of Dodge and ride into the sun set. "Why would anyone keep working when you can retire" was the mantra. Then latter as a substitue teacher I felt that some people wondered quietly "Doesn't this guy have a life"

Best
Cody
by Cody
Sun Dec 24, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Boxed myself in a corner with IRA and Roths?
Replies: 2
Views: 738

Boxed myself in a corner with IRA and Roths?

As I journey down the path of Boglehead wisedom I may have boxed myself in a bit of a corner. I am about to take one of my first 3.3% withdrawals but would like to take it from Vanguard Total Stock Market but all of our equity is in our Roth IRA's (for efficiency.) All off our Bonds are in our Rollo...
by Cody
Mon Dec 18, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3182

Re: Do you have bonds in Roths as a retiree?

So it looks like the consensus is not bonds in Roths. (though some do have bonds in Roths). Again we have about 50% of our funds in Roths (currently almost all equity) (due to some major Roth Converversions). So then, if I want to exchange all 4 funds we own and purchase LS40 (Life Stragey 40 with 6...
by Cody
Sun Dec 17, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3182

Do you have bonds in Roths as a retiree?

I would appear, due to my the ratio between my personal tax deferred account and my Roths, that I will have to place some bonds into those Roths. This will be done either with a 4 fund portfolio or more likely with a balanced fund of some kind (probably Life Strategy 40). This of course will mean ha...
by Cody
Sun Dec 17, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Spousal SS benefits
Replies: 32
Views: 2523

Re: Spousal SS benefits

If you are talking about a "restricted application" then you are no longer able to do that. The law was changed about a year ago to cut out that "loophole". I am one of the lucky ones who go in under the wire. But be sure of the correct title of the Social Security move you are thinking about so tha...
by Cody
Wed Dec 06, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: Understanding Accredited Investment Fiduciary (AIF)
Replies: 3
Views: 581

Understanding Accredited Investment Fiduciary (AIF)

Could you tell me if someone with Accredited Investment Fiduciary (AIF) is adequate accrediation to give people financial advice. I am trying to vet the accreditation for myself and others.

Thanks,
Cody
by Cody
Tue Nov 28, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Do you still libility match if you use a target date fund?
Replies: 1
Views: 325

Do you still libility match if you use a target date fund?

If you use either Target Date funds or Lifestrategy funds do you 1) have separate accounts (maybe money market or short term bonds) for various forseen expenses (think car) or 2) simple take your safe withdrawal and pay for things like forseen expenses from the fund itself. In the name of simplicity...
by Cody
Sun Nov 05, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: International Bonds - Are they needed?
Replies: 11
Views: 1332

International Bonds - Are they needed?

I read this 2014 post on the forum with great interest. https://www.bogleheads.org/forum/viewtopic.php?t=139939 Has anything changed in the general thinking of international bonds especially as embedded in balanced funds like Life Strategy and Target Date funds at Vanguard. Can I assume that they ad...
by Cody
Wed Oct 25, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Definiing "liquidity"
Replies: 13
Views: 1267

Re: Definiing "liquidity"

I'm trying to figure out how much after-tax cash (a money market say) is reasonable for us. My fear is too much in after-tax liquid assests will harm portfolio performance. Too little may force us to "sell" tax deferred funds, and send us into the 25% tax bracket. I have two years until I collect So...
by Cody
Mon Oct 23, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Definiing "liquidity"
Replies: 13
Views: 1267

Re: Definiing "liquidity"

How do you personally veiw the role of liquidity in your retirement or near retiemrent portfolio. I am very near that point but can not decide how much is "enough" liquify. If i take $25,000 and stick it in an after tax account Money Market I feel good and secure. But I may never use it and the make...
by Cody
Sun Oct 22, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Definiing "liquidity"
Replies: 13
Views: 1267

Definiing "liquidity"

Does "liquidity", when speaking of cash, money market and CD's, always mean that the liquid asset is held in an after tax account so you could get at it quickly? Are liquid assets generally held in after tax accounts.

Thanks,
Cody
by Cody
Mon Sep 04, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Do you use lifestrategy/ asset allocation funds?
Replies: 77
Views: 15491

Re: Do you use lifestrategy/ asset allocation funds?

For those who are choosing Lifestrategy of some form: What is your thinking about withdrawals in a down stock market? Normally one would try to figure out where to take the withdrawal (equity or fixed) but with not choice how does that fit with your thinking. Will it bother you not to have options a...
by Cody
Mon Sep 04, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: Do you use lifestrategy/ asset allocation funds?
Replies: 77
Views: 15491

Re: Do you use lifestrategy/ asset allocation funds?

For those who are choosing Lifestrategy of some form: What is your thinking about withdrawals in a down stock market? Normally one would try to figure out where to take the withdrawal (equity or fixed) but with not choice how does that fit with your thinking. Will it bother you not to have options a...
by Cody
Sat Jul 29, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 8
Views: 896

Re: Does Lifestrategy make sense in Roth IRA's

PS - I have not taxable (most went to paying to fund my Social Security.)
cody
by Cody
Sat Jul 29, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 8
Views: 896

Re: Does Lifestrategy make sense in Roth IRA's

Good catch on the "taxable" - Roths are not in "taxable". Yes I am retired, am "paying" for my own Social Security delay (rather than take SS I'm taking money from our portfolio). As far as taking money from various funds during down, or up, markets I'm not sure how effective people are at even doin...
by Cody
Sat Jul 29, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 8
Views: 896

Does Lifestrategy make sense in Roth IRA's

As I age I am considering moving to a Lifestratey fund (for a number of reasons.) But currently almost all of our Equity is placed in our Roths and almost all of our bond funds are placed in Tax deferred. Does it make sense to consider moving to a Lifestratey fund with a 40/60 AA in my situation? So...
by Cody
Wed Jun 28, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Distributions
Replies: 9
Views: 2181

Re: Roth IRA Distributions

And so what record keeping does one need to "prove" that a Roth is 5 years old? What if you don't have the original docs? Would the investment company (Vanguard in my case) have sufficient docs?

thanks,
cody
by Cody
Sun Jun 18, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Any alternatives to Tempur-Pedic for memory foam???
Replies: 12
Views: 2140

Re: Any alternatives to Tempur-Pedic for memory foam???

We are very happy with our new mattress and adjustable bed from EZSleep . Got a $200 discount for buying both mattress and adjustable bed (Revere) there. White glove delievery (set up adjustable bed). Great customer service. And saved us lots of money from others. We went with 100% organic latex foa...
by Cody
Tue May 23, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 510

Re: Should I way some bonds in my Roth for this situation

Yup! I did say the backward didn't I. Thanks.

Just curious why you don't tax adjust?

Thanks
cody
by Cody
Tue May 23, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 510

Re: Should I way some bonds in my Roth for this situation

I think that will work. If I want to keep it dollar for dollar I could adjust for taxes value.

Sell $10K in Roth equity. In tax deferred exchange maybe $12K equity to 12K bonds. Could do the exact math at the time.

Seem right?

cody
by Cody
Tue May 23, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 510

Should I way some bonds in my Roth for this situation

I have tried to put most or all of my equity in my Roth's. But have a "what if question." The market drops substantially. RmD puts me at the top of the 15% tax bracket and I need $10,000 for a medical procedure (just hypothetical). So I take if from the Roth side so as to not breach the tax bracket....
by Cody
Tue May 23, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 5656

Re: Anyone else track the value of their investments by discounting the value of equities?

Once could/should then discount any holding by your tax rate if held in a tax deferred account. If you have all your equity in Roth's no problem - $1 = $1 but if some is in an IRA, $1 of equity in a Roth does not equal $1 of equity in an IRA.

So which number to use?

Best,
coy
by Cody
Thu May 11, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: LVP flooring installation DIY - your experience?
Replies: 10
Views: 1325

Re: LVP flooring installation DIY - your experience?

I forgot to mention this is "click" style LVF.
cody
by Cody
Thu May 11, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: LVP flooring installation DIY - your experience?
Replies: 10
Views: 1325

Re: LVP flooring installation DIY - your experience?

Not sure what you mean by "smell?" Literal or figurative?

Thanks,
cody
by Cody
Thu May 11, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: LVP flooring installation DIY - your experience?
Replies: 10
Views: 1325

LVP flooring installation DIY - your experience?

I have installed three rooms of subflooring and laminent flooring. So I have some experience with the general concept. But I'm wondering if Luxury Vinal Flooring from Lumber Liquidators is about the same difficulty to install. The cost of the flooring is $450 and installation is $2.00 a square foot ...
by Cody
Sat Mar 04, 2017 6:40 pm
Forum: Investing - Theory, News & General
Topic: Would like comments on this Roth Conversion quote.
Replies: 30
Views: 3375

Re: Would like comments on this Roth Conversion quote.

So to do a roth conversion to pay for a new car in 4 years or help pay for a grand daughters college in 6 seems ok with you. The quote would say no (I think).

Thanks,
Phil
by Cody
Fri Mar 03, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Would like comments on this Roth Conversion quote.
Replies: 30
Views: 3375

Re: Would like comments on this Roth Conversion quote.

The "after 60" part gets me a bit confused. Is because you may not live that 15-20 years longer to make it worth it? (Of course I know I will :happy )
Cody
by Cody
Fri Mar 03, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Would like comments on this Roth Conversion quote.
Replies: 30
Views: 3375

Would like comments on this Roth Conversion quote.

There are many factors involved with Roth conversions. Every situation is different for sure. Roth converting is not so straight forward as it might seem. Assuming taxes are paid with cash on hand, possibly jumping for the 15% to 25% tab bracket down the road etc. etc. etc. What do you think of this...
by Cody
Sat Feb 18, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 6513

Re: Bonds Are Riskier Than You Think? Article implications for today?

When you say "heafty amount of tips" what do you mean? I see Target 2015 has about 10% in the Short Term Inflation fund.

Best,
Cody
by Cody
Wed Feb 08, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: Does Micheal Kitces Rising Retirement Glidepath Still have legs
Replies: 47
Views: 5291

Does Micheal Kitces Rising Retirement Glidepath Still have legs

Edited: The article was authored by Wade D. Pfau, Ph.D., CFA; and Michael E. Kitces In my quest to decide between Target Funds and Lifestragy funds (both Vanguard) I am wondering if the article by Kitches (Should Equity Exposure Decrease In Retirement, Or Is A Rising Equity Glidepath Actually Better...
by Cody
Sat Feb 04, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: For Target date fund owners in retirement
Replies: 7
Views: 1250

Re: For Target date fund owners in retirement

Two portfolios $100,000 in each: 1. target date let's say allocation is 50/50 ($100,000 in one fund) vs. 2. 50% stocks 50% bonds ($50,000 in one stock fund, $50,000 in one bond fund) Overall it's the same whether they're in one fund or separated into two funds. Say the stock part goes down by 50% a...
by Cody
Sat Jan 21, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: For Target date fund owners in retirement
Replies: 7
Views: 1250

Re: For Target date fund owners in retirement

I think that the statement about normally selling from the fixed part of your portfolio is incorrect. If you have multiple funds then when you needed to sell you would first sell whichever asset class is above your desired asset allocation. I was just saying if stocks fell in a 50-50 portfolio to 4...