Search found 730 matches

by Austintatious
Thu Oct 16, 2014 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: New Here- Retirement Portfolio Review
Replies: 15
Views: 1683

Re: New Here- Retirement Portfolio Review

Thank you both (for the advice, the explanation, and the promise of a better tomorrow...). Sorry. I couldn't help it. I just worked with my daughter who's dealing with a real stinker of a 401(k). Downright depressing. Then I see yours with those Spartan funds, and my heart just soared. Kidding asid...
by Austintatious
Thu Oct 16, 2014 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: New Here- Retirement Portfolio Review
Replies: 15
Views: 1683

Re: New Here- Retirement Portfolio Review

Because they are the lowest expense ratios right? ieee488 has it right, IMO. Yes, it's the low expense ratios, but wait, there's more. They also afford you excellent diversification with a simple 3 fund portfolio, so you get very broad diversification at very low costs. Oh, life's gonna be so much ...
by Austintatious
Thu Oct 16, 2014 10:34 am
Forum: Personal Consumer Issues
Topic: Airline carry on limits
Replies: 59
Views: 5745

Re: Airline carry on limits

The airlines don't stop anyone from bringing any size baggage on. It's ridiculous and causes significant delays in boarding and offloading. So, my point is, you won't have any issue bringing it on. I tend to agree. I have flown a couple times in the last three months. I sometimes wonder if the whol...
by Austintatious
Wed Oct 15, 2014 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: -11.33% YTD, asking for some guidance
Replies: 57
Views: 5063

Re: -11.33% YTD, asking for some guidance

forty two, you need to obtain a copy of the Plan Summary for your 401(k), as part of your "due diligence" in understanding the terms of the plan. It'll tell you a number of important things that you need to know to make good decisions about the plan and your investing, such as how the vesting works....
by Austintatious
Wed Oct 15, 2014 11:10 am
Forum: Investing - Theory, News & General
Topic: Headed for a 300+ point loss today?
Replies: 464
Views: 51464

Re: Headed for a 300+ point loss today?

The problem is not that the market has lost a few percentage points in the past couple weeks. The problem is that the market is dropping fast, which may trigger short selling and a strong downward momentum. Even people with a conservative allocation can't watch it easily--just as people get mesmeri...
by Austintatious
Tue Oct 14, 2014 1:03 pm
Forum: Personal Consumer Issues
Topic: Airline carry on limits
Replies: 59
Views: 5745

Re: Airline carry on limits

I usually avoid the issue by taking just a soft backback from Land's End and a purse which could be emptied and stuffed into the backpack along with contents if needed. If there is room in the overhead compartment I put the backpack up there, otherwise it stuffs under the seat in front of me. On th...
by Austintatious
Tue Oct 14, 2014 9:52 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe on the 4% SWR rule (he thinks it's silly)
Replies: 51
Views: 6258

Re: Bill Sharpe on the 4% SWR rule (he thinks it's silly)

People like to spin the 4% rule by commenting that it's not a "rule" -- it's a suggestion. But it is almost universally called the "4% Rule". To set the record straight, Bengen very clearly outlines a process ... This was never intended to be a "rule" and Bengen in other writings has made that clea...
by Austintatious
Tue Oct 14, 2014 9:47 am
Forum: Personal Consumer Issues
Topic: Airline carry on limits
Replies: 59
Views: 5745

Re: Airline carry on limits

DW and I just recently traveled to Pacific NW from Texas, and back, on American 737-800s. There was no measuring of carry-on bag dimensions on either trip and our carry-ons fit in the overhead bins with room to spare. DW's bag is similar to yours, in that the wheels exceed the dimensions a bit. I ex...
by Austintatious
Mon Oct 13, 2014 9:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1551001

Re: U.S. stocks in freefall

Trader Joe wrote:Expect the stock market drop to continue.

because?
by Austintatious
Mon Oct 13, 2014 9:14 pm
Forum: Personal Consumer Issues
Topic: How is Consumer Cellular
Replies: 39
Views: 12708

Re: How is Consumer Cellular

DW and I have used CC for 3 years or so and we've found that the basic package works very well for us, at about 40% of the costs of similar service from AT&T. I'd expect these phones to work in any area where AT&T is functional. We have the basic Motorala unit and the fee is $20 per phone per month....
by Austintatious
Mon Oct 13, 2014 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Regular Transfering to own IRA
Replies: 10
Views: 1153

Re: Regular Transfering to own IRA

I think plans typically require that one be age 59.5 years before an in-service transfer may be effected. I don't know if that's a legal requirement or if it's optional. The law only covers employee deferrals or Roth contributions not employee after tax or employer contributions. thanks, placeholder
by Austintatious
Mon Oct 13, 2014 5:44 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe on the 4% SWR rule (he thinks it's silly)
Replies: 51
Views: 6258

Re: Bill Sharpe on the 4% SWR rule (he thinks it's silly)

text deleted because it was presented out of context and wasn't worthy of your consideration
by Austintatious
Mon Oct 13, 2014 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Regular Transfering to own IRA
Replies: 10
Views: 1153

Re: Regular Transfering to own IRA

Your plan administrator will have a Plan Summary. It's supposed to do just what the name implies - summarize the terms of the plan for the plan beneficiaries. You really do need to obtain a copy, since it will include other important details like how and when the employer match vests. It should tell...
by Austintatious
Sun Oct 12, 2014 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your Emergency Fund would you lock up in CDs?
Replies: 37
Views: 4079

Re: How much of your Emergency Fund would you lock up in CDs

Kevin, looks like you're preparing for another PenFed holiday special. I hope you'll sound the alarm, should they come through.
by Austintatious
Sun Oct 12, 2014 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement Funds for Roth IRA
Replies: 3
Views: 1184

Re: Vanguard Target Retirement Funds for Roth IRA

JU88, fyi, mid and small cap stocks are represented in Vanguard's Total Stock Market fund, proportionate to their share of market cap. See Morningstar's breakdown of the numbers for the details. I'm assuming that you can find the breakdown there for Total International, as well. Some advocate for ha...
by Austintatious
Sun Oct 12, 2014 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Losing money, please advise
Replies: 36
Views: 6655

Re: Losing money, please advise

varshakgan, it's clear that ups and downs of this nature are a relatively common occurrence and that, as a long term investor, you must be prepared to live with them. This forum is an excellent resource to help you deal with the questions that naturally present themselves when the market turns negat...
by Austintatious
Sun Oct 12, 2014 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Problem with 401K rollover
Replies: 20
Views: 1516

Re: Problem with 401K rollover

This is very frustrating to me. I hated working for that company and glad I left because they [took advantage of me --admin LadyGeek] in other ways. now even after im long gone they are still [messing with me --admin LadyGeek] Michael, we don't know the details but, assuming the "problem" turns out...
by Austintatious
Sun Oct 12, 2014 9:35 am
Forum: Investing - Theory, News & General
Topic: Why choose a LifeStrategy Fund?
Replies: 41
Views: 6508

Re: Why choose a LifeStrategy Fund?

Can somebody please explain to me why anyone would purchase a LifeStrategy Fund. The reason I don't understand why someone one is because it keeps a constant asset allocation. I mean the vast majority of investors are going to want to become more conservative as they get older. Well the minimum is ...
by Austintatious
Sun Oct 12, 2014 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Problem with 401K rollover
Replies: 20
Views: 1516

Re: Problem with 401K rollover

The circumstances, here, are a very good example of how important it is to know all the details of one's workplace retirement plan. Having recently helped my older daughter try to effect a 401(k) rollover, I've learned just how varied the possible classes of employer contributions can be, and how th...
by Austintatious
Sat Oct 11, 2014 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your Emergency Fund would you lock up in CDs?
Replies: 37
Views: 4079

Re: How much of your Emergency Fund would you lock up in CDs

Does anyone know of instances where a bank or CU has acted on that "fine print" warning that they might not allow early redemption of a CD?... They have been very rare. They have occurred. I think banks are understandably are concerned about customers' reaction to the idea that they can't get their...
by Austintatious
Sat Oct 11, 2014 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your Emergency Fund would you lock up in CDs?
Replies: 37
Views: 4079

Re: How much of your Emergency Fund would you lock up in CDs

Does anyone know of instances where a bank or CU has acted on that "fine print" warning that they might not allow early redemption of a CD? Do we have an idea of just how likely it is to occur? For example, do we know if it occurred during our most recent financial crisis and, if so, do we know the ...
by Austintatious
Sat Oct 11, 2014 12:50 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 127
Views: 33374

Re: Cast Iron Skillet Cooking

This is so exciting had to share news. For first time was able to make great cast iron skillet cornbread. Used motodoc42 recipe. Was going to use Abe's but no bacon grease. But they are very similar. And such simple recipes (power of simplicity?). Off and on over years had tried much more complicat...
by Austintatious
Tue Oct 07, 2014 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Nursing School: Student loans or retirement
Replies: 28
Views: 3812

Re: Nursing School: Student loans or retirement

Oh goodness, I couldn't help replying to the post that suggested the OP consider whether staying in the military was worth it. She has 8 years to go if she doesn't do anything and remains enlisted after which time she will be getting a nice cost of living adjusted pension and retired veteran benefi...
by Austintatious
Tue Oct 07, 2014 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Nursing School: Student loans or retirement
Replies: 28
Views: 3812

Re: Nursing School: Student loans or retirement

My situation is I have 8 years to go til retirement as an enlisted. If I retire and assuming I make another rank I would retire with a pension of about 2150. Assuming I finish this nursing program in 2 years it is highly probable I could commission. I would then have to do another 10 years and reti...
by Austintatious
Mon Oct 06, 2014 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Nursing School: Student loans or retirement
Replies: 28
Views: 3812

Re: Nursing School: Student loans or retirement

You haven't provided detail re the anticipated salary, retirement and benefits as an officer, compared to those for you as an enlistee, but I've got to assume that the increases in compensation and benefits would be sufficient to justify your efforts and expenses in getting that nursing degree. With...
by Austintatious
Sat Sep 27, 2014 12:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank you Alex Frakt and Larry Auton!!
Replies: 11
Views: 1756

Re: Thank you Alex Frakt and Larry Auton!!

Yes, thank you, gentlemen, for a wonderful service, valuable in so many ways.
by Austintatious
Wed Sep 24, 2014 11:00 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle's still "on the job"
Replies: 2
Views: 788

Jack Bogle's still "on the job"

Well, he's at it again, thank goodness. Mr. Bogle has been telling Congress how they can improve the chances of average Americans actually having a decent retirement. You need to see this MarketWatch article, which I don't think has been discussed so far. http://blogs.marketwatch.com/encore/2014/09/...
by Austintatious
Tue Sep 23, 2014 6:54 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

rapporteur, That's a great first post, eh. Interesting stuff. At some point annuities DOMINATE any and all other investment choices My paraphrase: At some point everyone should have a pension. I might note that Jim Otar is also Canadian. And, an engineer to boot. L. Thank goodness that FDR felt the...
by Austintatious
Mon Sep 22, 2014 7:59 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3343
Views: 1004051

Re: What Book Are You Currently Reading? Part VI

Just finished Night Soldiers by Alan Furst. Very good spy novel about a young Bulgarian recruited by the Russian NKVD to gather intelligence in Spain during the civil war. Inevitably, the Russians turn on him and he spends the next ten years hiding out from them while aiding the French resistance (...
by Austintatious
Mon Sep 22, 2014 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Planning a self pension/annuity. Mid 30s.
Replies: 13
Views: 1725

Re: Planning a self pension/annuity. Mid 30s.

I really like the idea of this kind of savings bond annuity. You may have already seen this post by Mel Lindauer discussing that EE bond v. I bond thing addressed just above. Be sure to read Mel's OP in that thread, and see his linked article. http://www.bogleheads.org/forum/viewtopic.php?f=10&t=111...
by Austintatious
Sun Sep 21, 2014 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Total bond index or 5 yr CD?
Replies: 36
Views: 3864

Re: Total bond index or 5 yr CD?

Why would you not get the CD? Because there is a chance that the bond fund will have a better outcome, i.e. more money, after 5 years than the CD. But it could also have a worse outcome. That's the risk. True. I don't think there will be much difference whether a person buys all Total bond, all 5yr...
by Austintatious
Sun Sep 21, 2014 6:53 am
Forum: Personal Finance (Not Investing)
Topic: San Juan Islands
Replies: 21
Views: 3977

Re: San Juan Islands

Made the trip to the islands (with a visit to Victoria, B.C. on the front end). Both places very beautiful. All the help/advice was appreciated. We stayed on San Juan Island with a day trip to Orcas Island. We stayed at a very nice bed and breakfast (The Trumpeter Inn). You can see those two island...
by Austintatious
Fri Sep 19, 2014 4:28 pm
Forum: Investing - Theory, News & General
Topic: AliBaba
Replies: 171
Views: 20923

Re: AliBaba

a flow chart that may be helpful to "regular people" thinking about buying "shares" of Alibaba

http://www.huffingtonpost.com/2014/09/1 ... f=business
by Austintatious
Fri Sep 19, 2014 12:09 pm
Forum: Investing - Theory, News & General
Topic: Immediate payable annuity is a bad investment?
Replies: 61
Views: 6604

Re: Immediate payable annuity is a bad investment?

Oh dear! :oops: I have to think and research. :twisted: It seemed good till I read this. Buy an annuity and forget it. I'm amused that I cannot invest in Tax Advantaged Deferred Annuities or IRAs - I'm too old at 71 and still working :D I likely don't need an annuity when I plan to retire at 75. My...
by Austintatious
Fri Sep 19, 2014 11:22 am
Forum: Investing - Theory, News & General
Topic: AliBaba
Replies: 171
Views: 20923

Re: AliBaba

Do you buy a company's stock just because you believe that it will go up in a short time period, or because you believe fundamentally that the company is good? Mostly the latter (if I read "good" as "financially fundamentally promising"). I rarely sell anything and the majority of our (public) dome...
by Austintatious
Fri Sep 19, 2014 10:24 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

It is a significant MISNOMER to call any sort of do it yourself scheme an "annuity". This is because you cannot get any MORTALITY CREDITS which come from pooling risk over a few thousand people of the same age... While I agree that most would first think of the insurance industry product when they ...
by Austintatious
Thu Sep 18, 2014 4:14 pm
Forum: Personal Consumer Issues
Topic: wine recommendations for this meal?
Replies: 22
Views: 2307

Re: wine recommendations for this meal?

per my chef daughter: fresh burrata with peaches - Torrontes (Argentina) spicy grilled quail - Riesling, Mosel or spakling rose ricotta alta gnocchi with swiss chard - White Sancere or Santa Barbara Pinot Noir grilled akaushi bone-in ribeye - Red Bordeaux blend milk chocolate cremoso - Late Harvest ...
by Austintatious
Thu Sep 18, 2014 2:07 pm
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

Has anyone done the math on combing a bond ladder with longevity insurance. For example if and your wife are 70 you will get ~6% from a joint annuity and a 3% bond ladder will last about 25 years. What happens if you take 20% of that money (i.e. you consume the bond ladder just before 90) and buy 2...
by Austintatious
Thu Sep 18, 2014 2:02 pm
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

Has anyone done the math on combing a bond ladder with longevity insurance. For example if and your wife are 70 you will get ~6% from a joint annuity and a 3% bond ladder will last about 25 years. What happens if you take 20% of that money (i.e. you consume the bond ladder just before 90) and buy 2...
by Austintatious
Thu Sep 18, 2014 1:02 pm
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

How do you do the DIY approach in a IRA? Thanks CWRadio, I'm anything but an expert, here, so consider my comments accordingly. The method I've seen most frequently suggested for a diy annuity is the one championed by senior Boglehead Mel Lindauer, which is built with serial purchases of EE savings...
by Austintatious
Thu Sep 18, 2014 12:13 pm
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

While building ones own annuity with treasuries, savings bonds, cd's, whatever,.........may feel/be more "safe". It appears you don't get the return one does when purchasing an SPIA within a large pool of annuitants, where the annuitants who die young continue to fund the ones who don't. While agre...
by Austintatious
Thu Sep 18, 2014 8:06 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

AIG's insurance subsidiaries, which were responsible for paying out on the annuities and life insurance policies, were not endangered. Only the parent company needed to be bailed out. AIG's insurance subsidiaries most certainly would have been in danger had AIG gone under. During the AIG bailout he...
by Austintatious
Wed Sep 17, 2014 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Roth help
Replies: 14
Views: 865

Re: Roth help

twees52, the importance of minimizing the costs of investing simply cannot be emphasized enough. One way a mutual fund investor pays costs is a fund's expense ratio, and paying inordinately high expense ratios is something to avoid if practical. Another way investors can get tagged with unnecessary ...
by Austintatious
Wed Sep 17, 2014 10:08 am
Forum: Investing - Help with Personal Investments
Topic: How to best adjust asset allocation as years pass
Replies: 21
Views: 3000

Re: How to best adjust asset allocation as years pass

I don't think asset allocation has to do with age. It has more to do with the stage of life you are in. Some people retire at 40 while others keep working well past 70. Personally I think, at retirement, a person should be between 20-40% equities and gradually increase as time passes. You avoid the...
by Austintatious
Tue Sep 16, 2014 9:29 pm
Forum: Personal Consumer Issues
Topic: wine recommendations for this meal?
Replies: 22
Views: 2307

Re: wine recommendations for this meal?

Hayden wrote:A meal like that deserves a different wine with each course!
truly
by Austintatious
Tue Sep 16, 2014 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I step in to help my in law pay off credit card debt
Replies: 31
Views: 3355

Re: Should I step in to help my in law pay off credit card d

Pay it and move on, assuming that it's economically feasible for you. A discussion with the vet, explaining that you're considering paying the bill might result in a discounted balance due, or at least a schedule of periodic payments if that would be more convenient for you. But just knowing that yo...
by Austintatious
Tue Sep 16, 2014 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: How to best adjust asset allocation as years pass
Replies: 21
Views: 3000

Re: How to best adjust asset allocation as years pass

Here's a current thread discussing Boglehead rebalancing practices that may help.

http://www.bogleheads.org/forum/viewtop ... st=2193675
by Austintatious
Tue Sep 16, 2014 11:48 am
Forum: Investing - Theory, News & General
Topic: How much you need to save as multiple of salary
Replies: 56
Views: 11947

Re: How much you need to save as multiple of salary

TIME article quotes a Fidelity study which says: Here are the guideposts: At age 35, you should have saved an amount equal to your annual salary. At age 45, you should have saved three times your annual salary. At 55, you should have five times your salary. I see a problem right here. The recommend...
by Austintatious
Tue Sep 16, 2014 11:21 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 10254

Re: The Annuity Puzzlement

Most of the studies that claim an SPIA increases portfolio survival and income have the non SPIA portion of the portfolio in 100% stocks, which can be a behavioral challenge for many even with the regular income from the SPIA. Still, if one can get by that challenge, SPIAs at a relatively young age...