Search found 289 matches

by Third Son
Mon Mar 02, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 12032
Views: 931911

Re: U.S. stocks continue to soar!

OK so that was unexpected. Glad I didn't do anything :dollar
by Third Son
Mon Mar 02, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21936

Re: Okay, now when you do buy back in?

I did nothing 'cuz I'm retired and don't bother about such things 🐃or🐻
by Third Son
Mon Mar 02, 2020 9:10 am
Forum: Personal Investments
Topic: Cash out of Whole Life???
Replies: 7
Views: 490

Re: Cash out of Whole Life???

by Third Son
Sun Mar 01, 2020 4:39 pm
Forum: Personal Investments
Topic: Markets In Turmoil - Boring Responses
Replies: 65
Views: 5779

Re: Markets In Turmoil - Boring Responses

I was planning on rebalancing down from 45/55 to 40/60.. The market has done that for me... Yawn.
by Third Son
Sun Mar 01, 2020 1:26 pm
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7273

Re: New retiree perspective during Corona Crash

Good sentiments in this thread, but before you feel too good about this, put this "Crash" into perspective. I'd hesitate to call the current market event a "crash." We've had a correction that has (so far) lasted about a week. The financial crisis crash (and that was a *real* cr...
by Third Son
Sun Mar 01, 2020 11:04 am
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7273

Re: New retiree perspective during Corona Crash

Retired yesterday. Two years of cash to live off of. Took a hit last week as did everyone. Am I worried? A bit, but I have been here before. Currently at 40/60 but that was a consequence of the hit on equities. I will leave it there and see how it goes. Still trying to get over the fact that I don't...
by Third Son
Sun Mar 01, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: What does the 10 year Treasury have to do with my FXNAX Bond fund?
Replies: 15
Views: 1181

Re: What does the 10 year Treasury have to do with my FXNAX Bond fund?

I'm still getting 2% yield so far YTD. Will the 10 year Treasury affect my FXNAX bond fund? Why would anyone invest in a 10 year Treasury note for 1~% when they can invest in a bond fund like the Fidelity FNBGX Long Term bond fund that YTD has gotten 7.50%? I was invested in FNBGX before I schooled...
by Third Son
Sun Mar 01, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16663

Re: The Dark Side of "Stay the Course"

I started investing in 2010. I never have been tested in a significant, concerning market cycle like the tech bubble or the Great Recession. However, I did my homework and internalized the buy and hold long term investor should expect harrowing times. you should have stopped here Odds are if you tu...
by Third Son
Sun Mar 01, 2020 7:31 am
Forum: Investing - Theory, News & General
Topic: If you have won the game, how much risk do you take?
Replies: 78
Views: 7171

Re: If you have won the game, how much risk do you take?

Not exactly sure what qualifies as winning the game but as I become eligible for SS later this year, it feels like I have. So then the question becomes, what is that level of more risk than is needed that it would be unwise to take? You don't know what winning is, but you think you have? How would ...
by Third Son
Sat Feb 29, 2020 6:24 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 49996

Re: The Calm Post - Stay the course thread.

Well today is my official retirement day. I feel pretty good about our situation since we have two years of cash saved and will be receiving a lump sum pension in about six weeks. My 401k/IRA has taken a hit (as has everyone's) over the past week but I am at 45/55 so it hasn't been too harrowing. W...
by Third Son
Sat Feb 29, 2020 4:36 pm
Forum: Investing - Theory, News & General
Topic: Millionaire Next Door compared to Dave Ramsey research
Replies: 31
Views: 4349

Re: Millionaire Next Door compared to Dave Ramsey research

Being a "Millionaire" isn't what it used to be. So true. We could almost say “Billionaire” is the new “Millionaire” in how it used to be perceived. It takes a 1,000 millions to make one billion, so I don't know if I would say a "Billionaire" is the new "Millionaire", b...
by Third Son
Sat Feb 29, 2020 3:32 pm
Forum: Personal Investments
Topic: Sell now and start buying back in 3 months
Replies: 80
Views: 6534

Re: Sell now and start buying back in 3 months

Why are there so many of these threads in a forum based upon sound principles and historical data?
by Third Son
Fri Feb 28, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: Ok guys, this is a good test for me and I'm learning!
Replies: 22
Views: 1316

Re: Ok guys, this is a good test for me and I'm learning!

You won't be successful at this unless you leave your money alone. Playing with it constantly will only end in defeat. Maybe you should put all of your money in a money market and leave it at that. Investing seems too stressful for you.
by Third Son
Fri Feb 28, 2020 6:57 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 19273

Re: who is worried and feels like selling stocks?

At this point I'm calculating the tax burden of selling everything and going back to cash versus staying in and going through a drop of 20%+. For me, as a new investor, it's safer to pull out now and get everything back to cash. I'm limiting my upside for the next couple weeks, but based on how thi...
by Third Son
Fri Feb 28, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21206
Views: 2877133

Re: U.S. stocks in free fall

Friends, I indulged in some market-timing-lite today. I put in my entire Roth contribution for 2019 today based on the state of the market. (To be fair, I did not really have a plan for when to put in the order, but this put a fire under me.) Impossible to know if this was a good move or a bad move...
by Third Son
Fri Feb 28, 2020 10:38 am
Forum: Personal Investments
Topic: Should we use the coronavirus drop to do Roth conversion?
Replies: 39
Views: 3319

Re: Tax payments?

OK I will ask this question since I already did a search and nothing I was useful to my specific case. My income for the first two months is $40K. I want to make a conversion up to the 12% bracket which is $103,500 or so ( i know it changed slightly..MFJ). Can I make a $60K conversion and just pay ...
by Third Son
Fri Feb 28, 2020 9:23 am
Forum: Personal Investments
Topic: Should we use the coronavirus drop to do Roth conversion?
Replies: 39
Views: 3319

Tax payments?

OK I will ask this question since I already did a search and nothing I was useful to my specific case. My income for the first two months is $40K. I want to make a conversion up to the 12% bracket which is $103,500 or so ( i know it changed slightly..MFJ). Can I make a $60K conversion and just pay t...
by Third Son
Fri Feb 28, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: Roth conversions in a downturn
Replies: 2
Views: 261

Re: Roth conversions in a downturn

Silk McCue wrote: Fri Feb 28, 2020 8:16 am Take a look at this current thread on the subject.

Should we use the coronavirus drop to do Roth conversion?

Cheers
Thanks....I actually looked for a recent thread and couldn't find one. Appreciate the reply....
by Third Son
Fri Feb 28, 2020 7:46 am
Forum: Investing - Theory, News & General
Topic: Roth conversions in a downturn
Replies: 2
Views: 261

Roth conversions in a downturn

Bogleheads : is anyone considering accelerated Roth conversions now that the market is a bit lower? This would give a discounted tax implication for monies wandering over from an IRA.
by Third Son
Fri Feb 28, 2020 7:03 am
Forum: Personal Investments
Topic: Yuck... RSU's vested today. So much for the grand spending plans. But the taxes seem astronomic.
Replies: 17
Views: 1876

Re: Yuck... RSU's vested today. So much for the grand spending plans. But the taxes seem astronomic.

Wife had some RSUs vest today, unfortunately we really wanted to use some of it immediately. They're going to be sold to buy into our AA now and we're putting the original plans on hold. That said, we netted approximately 58.7% of the granted shares after the tax withholding which is controlled by ...
by Third Son
Fri Feb 28, 2020 6:53 am
Forum: Investing - Theory, News & General
Topic: 8 days [From new S&P 500 high to 12% correction]
Replies: 64
Views: 6375

Re: 8 days [From new S&P 500 high to 12% correction]

The Coronavirus hype is being over blown by the media with their non-stop fear . I'm not saying there shouldn't be concern but really the bunker mentally is getting overplayed. I would guess that the whole Coronavirus FEAR hype bunker mentally will get played for another couple of weeks and when al...
by Third Son
Fri Feb 28, 2020 6:45 am
Forum: Investing - Theory, News & General
Topic: 8 days [From new S&P 500 high to 12% correction]
Replies: 64
Views: 6375

Re: 8 days [From new S&P 500 high to 12% correction]

Risk showing up very fast after such a nice stretch. Stocks are real risky. Bonds yields are anemic and stocks are tanking. Would hate to be a retiree right now. No where to hide. Are we just getting started into a terrible bear or will this blow over by summer as if nothing happened? In either cas...
by Third Son
Fri Feb 28, 2020 6:41 am
Forum: Investing - Theory, News & General
Topic: Why Not Buy the Dip?
Replies: 11
Views: 1568

Re: Why Not Buy the Dip?

Adding with new money is usually preferable. That is more Bogle- heady.
by Third Son
Fri Feb 28, 2020 6:35 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 49996

Re: The Calm Post - Stay the course thread.

Well today is my official retirement day. I feel pretty good about our situation since we have two years of cash saved and will be receiving a lump sum pension in about six weeks. My 401k/IRA has taken a hit (as has everyone's) over the past week but I am at 45/55 so it hasn't been too harrowing. Wh...
by Third Son
Thu Feb 27, 2020 3:22 pm
Forum: Personal Investments
Topic: Thinking about (temporarily) moving all *retirement* stock to bonds - please help
Replies: 292
Views: 25727

Re: Thinking about (temporarily) moving all *retirement* stock to bonds - please help

I have a Fidelity 401k. You can move funds within the brokerage free of charge. If you decide then to move it back within 30 days, you will be flagged for a round trip transaction. They will limit your ability to do future trades by having you wait longer times between transactions.
by Third Son
Thu Feb 27, 2020 7:16 am
Forum: Investing - Theory, News & General
Topic: Bonds cushion but also drag down your earnings?
Replies: 20
Views: 1345

Re: Bonds cushion but also drag down your earnings?

I think I am realizing that having a high percentage of bonds is good for when there are down turns, BUT they also drag down your appreciation during good times. So being 100% equity would mean that you would "lose" more during severe down turns but you'd also MAKE more during upturns? Is...
by Third Son
Thu Feb 27, 2020 6:57 am
Forum: Personal Investments
Topic: Thinking about (temporarily) moving all *retirement* stock to bonds - please help
Replies: 292
Views: 25727

Re: Thinking about (temporarily) moving all *retirement* stock to bonds - please help

It sounds like the OP is spooked about the uncertainties of a possible pandemic. He wants to preserve his 401K the best he knows how. In his case, he is more concerned with preservation rather than missing out on potential future gains. Say he had 1.075M in his 401k that went to 1.0M in three days ...
by Third Son
Thu Feb 27, 2020 6:45 am
Forum: Personal Investments
Topic: Thinking about (temporarily) moving all *retirement* stock to bonds - please help
Replies: 292
Views: 25727

Re: Thinking about (temporarily) moving all *retirement* stock to bonds - please help

Bonds yields have plummeted. Unless you’re buying on the really short end of the curve and holding to maturity, you are risking principal should bond yields go back up. Basically, you’re buying at a high for duration treasuries. High yield should follow stocks down. I might sell off my Internationa...
by Third Son
Wed Feb 26, 2020 12:21 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 49996

Re: The Calm Post - Stay the course thread.

vipertom1970 wrote: Wed Feb 26, 2020 10:19 am For me the best way to prepare for big market drop is not AA, it’s having no mortgage, no debt, low expenses and having at least two years of EF. My portfolio dropped close to 200k last couple days but I din’t even break a sweat or panic at all.
^^^This
by Third Son
Wed Feb 26, 2020 6:46 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 49996

Re: The Calm Post - Stay the course thread.

A good idea for a thread :beer I have recently retired (1 month ago) so no longer accumulate any funds (just spending the money 8-) ), so I am watching all this turmoil with interest as it is a "first" for me. However I have no intention of changing my AA (currently 43/57) as this will ev...
by Third Son
Wed Feb 26, 2020 6:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21206
Views: 2877133

Re: U.S. stocks in free fall

I think this may be good news for poor folks like myself in accumulation phase with only $42k invested. If we get down to S&P 1000 points and everything is good again I can buy cheap until I retire in 20 years! YES!!! That's true. Also a great test of discipline. Better to experience the first ...
by Third Son
Tue Feb 25, 2020 5:59 pm
Forum: Personal Investments
Topic: 38 yr old having 2nd thoughts...
Replies: 93
Views: 10951

Re: 38 yr old having 2nd thoughts...

mentos wrote: Tue Feb 25, 2020 5:25 pm I feel like this is the only forum on the internet that recommends any amount of bonds at our age. I'm 36 and 100% stocks. I had bonds from 2009-2019 and missed out on a LOT of gains while my peers made hundreds of thousands.
Isn't back-testing fun? :confused
by Third Son
Tue Feb 25, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: Should I buy into Fidelity Select Gold?
Replies: 13
Views: 1034

Re: Should I buy into Fidelity Select Gold?

I've got an extra $3400 in cash in Fidelity (I know chump change for most of you!) . Should I put it into Fidelity Select Gold mutual fund or just buy $3400 of Total Market? Or just buy some GLD shares? Thanks Don't ever think that your investments are chump change. They all contribute something me...
by Third Son
Tue Feb 25, 2020 9:18 am
Forum: Investing - Theory, News & General
Topic: Are Reits better than FXNAX Total Bond Index?
Replies: 12
Views: 929

Re: Are Reits better than FXNAX Total Bond Index?

I heard somewhere that REITs are now a good investment compared to Bonds. Is that true or should I just stick with my FXNAX Bond fund? I heard somewhere that they were a good alternative to bond funds because bonds weren't doing so good nowadays. I have both FXNAX and REITS in my portfolio.. I am g...
by Third Son
Tue Feb 25, 2020 8:16 am
Forum: Investing - Theory, News & General
Topic: Bond Yield vs. Money Market Yield
Replies: 19
Views: 2118

Re: Bond Yield vs. Money Market Yield

This post should be titled "six of one, half a dozen of the other." Aren't we splitting hairs?
by Third Son
Mon Feb 24, 2020 7:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21206
Views: 2877133

Re: U.S. stocks in free fall

I retired last week. Maybe I should un-retire?...

Naw that's nuts! 😝
by Third Son
Sat Feb 22, 2020 9:18 am
Forum: Investing - Theory, News & General
Topic: "The "Everything Rally" Continues - Will this end badly?
Replies: 144
Views: 13535

Re: "The "Everything Rally" Continues - Will this end badly?

YTD, the U.S. stock market is up by 5.2%, Long Treasuries up by 7.6%, and Gold by 6.2%. These assets are normally negatively correlated, but they are all flying up together. Seems crazy. Is it time to step aside? I am staying put because any movement would be irrational. My holdings seem to be pret...
by Third Son
Fri Feb 21, 2020 3:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21206
Views: 2877133

Re: U.S. stocks in free fall

thelateinvestor43 wrote: Fri Feb 21, 2020 12:31 pm
Bluce wrote: Fri Feb 21, 2020 10:08 am Treasuries are way up!! :sharebeer :moneybag
Does that mean my FXNAX fund will do good today?!
10 year treasuries up 0.5%
by Third Son
Fri Feb 21, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

OP, I guess you are talking about me. A) 40% 3-funds B) 40% Wellington Fund C) 20% Mini-Larry -> 10% SCV and 10% Intermediate-Term Treasury. I do not like the 3-funds strategy. It is overly complicated and rebalancing is required. I am forced into 3-funds because 45% of my portfolio is in the taxab...
by Third Son
Fri Feb 21, 2020 7:51 am
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

Third Son, There are only 2 companies that I trust in active management: A) Wellington fund and Wellesley fund B) BRK.A and BRK.B -> Warren Buffett's company. KlangFool Has Wellington been worth the expense ratio they charge? Granted it isn't exorbitant but 0.25% is higher than I would like to pay....
by Third Son
Thu Feb 20, 2020 7:16 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

OP, I guess you are talking about me. A) 40% 3-funds B) 40% Wellington Fund C) 20% Mini-Larry -> 10% SCV and 10% Intermediate-Term Treasury. I do not like the 3-funds strategy. It is overly complicated and rebalancing is required. I am forced into 3-funds because 45% of my portfolio is in the taxab...
by Third Son
Thu Feb 20, 2020 6:22 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

OP, I guess you are talking about me. A) 40% 3-funds B) 40% Wellington Fund C) 20% Mini-Larry -> 10% SCV and 10% Intermediate-Term Treasury. I do not like the 3-funds strategy. It is overly complicated and rebalancing is required. I am forced into 3-funds because 45% of my portfolio is in the taxab...
by Third Son
Thu Feb 20, 2020 6:10 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

OP, I guess you are talking about me. A) 40% 3-funds B) 40% Wellington Fund C) 20% Mini-Larry -> 10% SCV and 10% Intermediate-Term Treasury. I do not like the 3-funds strategy. It is overly complicated and rebalancing is required. I am forced into 3-funds because 45% of my portfolio is in the taxab...
by Third Son
Thu Feb 20, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11870

Re: If you used multiple investment strategies, which would you use and why?

OP, I guess you are talking about me. A) 40% 3-funds B) 40% Wellington Fund C) 20% Mini-Larry -> 10% SCV and 10% Intermediate-Term Treasury. I do not like the 3-funds strategy. It is overly complicated and rebalancing is required. I am forced into 3-funds because 45% of my portfolio is in the taxab...
by Third Son
Wed Feb 19, 2020 12:39 pm
Forum: Investing - Theory, News & General
Topic: When people set "bonds" as part of their AA, what does that mean
Replies: 23
Views: 1854

Re: When people set "bonds" as part of their AA, what does that mean

Are most people actually buying Treasuries or other types of bonds on the market (meaning they own the bonds), or are they just investing in a general bond fund/ETF, such as BND or VBMFX or FXNAX or MUB (muni bond fund)? If a Bond fund, how do those work, are the bond fund managers constantly buyin...
by Third Son
Sun Feb 16, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: [Should I make my 2019 Roth contribution now or wait?]
Replies: 11
Views: 921

Re: [Should I make my 2019 Roth contribution now or wait?]

Absolutely do it now. A couple of months won't matter. It will be there compounding for a while before you need it.
by Third Son
Sun Feb 16, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: At what age did you begin adding bonds?
Replies: 138
Views: 7657

Re: At what age did you begin adding bonds?

Around age 30 with 10% bonds. Now retired at 60, I am at 50/50.