Search found 4306 matches

by CyclingDuo
Sun Jul 25, 2021 1:42 pm
Forum: Investing - Theory, News & General
Topic: The Covid Bear Market in Historical Perspective
Replies: 26
Views: 3491

Re: The Covid Bear Market in Historical Perspective

Well, I don’t advocate panic selling but my point, without delving too deeply into pandemics, is that a repeat of the 1920 Spanish Flu would have resulted in a much larger economic impact than Covid or SARS or other more recent examples in the chart. Now you could argue that the Spanish Flu also sh...
by CyclingDuo
Sun Jul 25, 2021 9:03 am
Forum: Personal Finance (Not Investing)
Topic: What is the average savings rates for bogleheads?
Replies: 225
Views: 14438

Re: What is the average savings rates for bogleheads?

So lots of different ways of calculating this I am sure but just to keep it consistent would like to hear what people's savings rates are as a percentage of net pay after taxes. Mine averages about 25%-35% depending on bonuses and expenses. Would like to collect some rough data from the group but p...
by CyclingDuo
Sat Jul 24, 2021 9:58 pm
Forum: Investing - Theory, News & General
Topic: The Covid Bear Market in Historical Perspective
Replies: 26
Views: 3491

Re: The Covid Bear Market in Historical Perspective

Going into it back in February of 2020, I found this graphic at least somewhat calming to justify riding it out and weathering the storm... Thank you. I just wished I'd seen and absorbed the lesson of that graphic in March 2020, when the market was losing 24% of its value in just two weeks of tradi...
by CyclingDuo
Fri Jul 23, 2021 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4083

Re: Apple Pay: value vs. chip credit card

I’ll rephrase. For me, I can complete the transaction faster than I can even get the card out of my wallet. (And I’m super close to stop carrying a wallet all together. As soon as I can put my drivers license in my phone…..) But I always have my phone in my hand, and that’s not the case for everybo...
by CyclingDuo
Fri Jul 23, 2021 8:19 am
Forum: Investing - Theory, News & General
Topic: The Covid Bear Market in Historical Perspective
Replies: 26
Views: 3491

Re: The Covid Bear Market in Historical Perspective

Looking through Goldman Sach's list in the OP of the 27 U.S. bear markets since 1835, it's apparent that none of the other event-driven bear markets in history were triggered by a virus or disease outbreak. So, in this respect, those of us invested during the 2020 Covid bear market were living thro...
by CyclingDuo
Thu Jul 22, 2021 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks
Replies: 36
Views: 5237

Re: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks

MrCheapo wrote: Thu Jul 22, 2021 6:22 pmHow are others mitigating the risk that their savings may not last as long if we relive 1960-1980?
We'll be too busy going to Beatles, Rolling Stones, Bob Dylan, and Elvis concerts to worry much about anything else.

:sharebeer
by CyclingDuo
Thu Jul 22, 2021 7:10 am
Forum: Personal Investments
Topic: Investing advice for a 19 year old
Replies: 28
Views: 2178

Re: Investing advice for a 19 year old

I am 19 years old and have about 25k to invest in one way or another I know very little about investing I don't have a emergency fund I have no debt I'm single I have been maxing out my Roth IRA at Vanguard I'm not sure how to go about investing it and any help would be appreciated thanks. I highly...
by CyclingDuo
Wed Jul 21, 2021 8:29 am
Forum: Personal Investments
Topic: Advice on Expanding Portfolio For Guy Who Used to Live in Car
Replies: 15
Views: 1794

Re: Advice on Expanding Portfolio For Guy Who Used to Live in Car

I used to live out of my car 2.5 years ago having moved across the country twice to follow a girl (guess how that turned out). I landed an excellent job, that allowed me to build up my savings during lockdown and covid. Emergency funds : 20.5k. 7 months expenses. Little too much but still have that...
by CyclingDuo
Tue Jul 20, 2021 10:13 am
Forum: Investing - Theory, News & General
Topic: 10% drop of dividend income
Replies: 14
Views: 2423

Re: 10% drop of dividend income

Here's some historical data on the S&P 500, so you can see what's happened in the past to dividends over time. It's important to note the discussion above regarding interest income received in bond mutual funds being called dividends when its paid out. It's a source of confusion, I believe, bas...
by CyclingDuo
Sun Jul 18, 2021 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Learned A New Term Today - Coast Fire
Replies: 33
Views: 4069

Re: Learned A New Term Today - Coast Fire

I learned this term a few months ago, and it's been a thorn in my (proverbial) side ever since. Coast Fire my derrier - it's hogwash IMHO. Feels like a product of these times - great returns for stocks this last decade has made all the pseudo-fires crawl out of the woodwork. All the five main types...
by CyclingDuo
Sat Jul 17, 2021 5:08 pm
Forum: Investing - Theory, News & General
Topic: "Invest Like the Best" by Chris Belchamber
Replies: 17
Views: 2836

Re: "Invest Like the Best" by Chris Belchamber

Anyone read this book? It makes a strong case for active management, low volatility investing, and the use of software to do things like low covariance analysis. And he says investing in gold is underrated and underused. The book is well written and succinct. There are no reviews on Amazon that ref...
by CyclingDuo
Sat Jul 17, 2021 10:28 am
Forum: Personal Finance (Not Investing)
Topic: What to do if robbed overseas?
Replies: 53
Views: 3995

Re: What to do if robed overseas?

If one of the cards was an American Express - even better as they have offices throughout global locations that can get you a replacement quickly. CyclingDuo When I was in Asia and called AMEX, I was told quickly now means FedEx, no different from many other credit card providers. Seems the service...
by CyclingDuo
Sat Jul 17, 2021 9:35 am
Forum: Personal Finance (Not Investing)
Topic: What to do if robbed overseas?
Replies: 53
Views: 3995

Re: What to do if robed overseas?

How do you protect yourself if you are traveling in a foreign country and you get robed and lose all credit cards and cash? What would you do? Jokes aside about robed vs. robbed: immediately contact all CC companies. Forget about your loss of cash. That's gone and nothing you can do about it. Most ...
by CyclingDuo
Sat Jul 17, 2021 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Kids Summer Job - Employer incompetent & taking advantage
Replies: 67
Views: 6340

Re: Kids Summer Job - Employer incompetent & taking advantage

So, my 19 year old son got a summer job in between his spring/fall semesters at a small family owned cafe that just opened. For the past couple weeks, he has been coming to my wife and I full of questions about some things that "just don't seem right". Some of his friends that also work a...
by CyclingDuo
Fri Jul 16, 2021 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 103
Views: 17839

Re: Teachers: what are your best personal finance tips?

There's a 403(b) but no 457. An HSA is available, but I prefer at this point to stick to the Kaiser Health plan (Short discussion here: viewtopic.php?f=2&t=322159 ). In the 403(b), there's only a 1% match for the first 3 years :( , but after that it increases each year by 1% until it reaches a ...
by CyclingDuo
Fri Jul 16, 2021 8:26 am
Forum: Personal Investments
Topic: Large taxable account for the first time (in retirement)?
Replies: 4
Views: 1496

Re: Large taxable account for the first time (in retirement)?

DW and I planned our retirement savings conservatively. As expected, we’ve been consuming our limited cash reserves since retirement and will take Social Security around 70. We’re currently at 26x with 84% in traditional IRAs, 10% in Roth IRAs, and 6% in after-tax assets. We’ve planned to consume o...
by CyclingDuo
Thu Jul 15, 2021 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 726
Views: 117194

Re: Losing a job in your 50's...

Folks, I am back to work after someone made me an offer that I cannot refuse. Please join my thread if you want to know more details: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=353587 <<Working after Financial Independence>> KlangFool Congrats, KlangFool! This will take some financial...
by CyclingDuo
Tue Jul 13, 2021 11:03 pm
Forum: Personal Investments
Topic: How to simulate 3 fund portfolio on my 403b
Replies: 3
Views: 392

Re: How to simulate 3 fund portfolio on my 403b

I just enrolled 403b in my company. There is no Vanguard Total Stock Market Index Fund (VTSAX), Vanguard Total International Stock Index Fund (VTIAX). this is the list of: Domestic Vanguard Explorer Fund Admiral VEXRX Vanguard FTSE Social Index Inst VFTNX Vanguard Ist Tt St Mk Idx Ist Plus VITPX Va...
by CyclingDuo
Tue Jul 13, 2021 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 726
Views: 117194

Re: Losing a job in your 50's...

Been laid off at 58. It was hard to find a job in high tech at this age but I was able to. Took me almost 2 months. Not the dream one but allow to limp toward retirement with decent pay and benefits. Already limping 4 years :( After lay-off I was scared - not enough money to retire, house not paid ...
by CyclingDuo
Mon Jul 12, 2021 8:35 am
Forum: Investing - Theory, News & General
Topic: No Pension COLA: What to Do?
Replies: 108
Views: 10508

Re: No Pension COLA: What to Do?

I recently retired with a very nice pension which is no longer offered to new hires. One catch: the pension is a life annuity and does not have a COLA escalator. I have divided my finances into two components: income and growth. Income is the pension and soc sec and is for recurring expenses such a...
by CyclingDuo
Sun Jul 11, 2021 9:16 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 113
Views: 19188

Re: What is your one favorite Fidelity Fund??

As I am not a pure BH, I've held Fidelity Select Software & IT Services for a number of years. https://fundresearch.fidelity.com/mutual-funds/summary/316390822 ^^ We've held that Fidelity Fund since 1991, although I think it was just called Select Software way back then. No complaints on the pe...
by CyclingDuo
Sun Jul 11, 2021 12:14 pm
Forum: Investing - Theory, News & General
Topic: The first time in my investing life I'm "fearful"
Replies: 130
Views: 18604

Re: The first time in my investing life I'm "fearful"

If you want to read about fear, here are some threads from late 2008 and early 2009. Some pulled out. I find it interesting how many people were considering Plan B - pulling out of the market. Obviously no one really knew how long the drop would continue and to what extent. There was fear for some ...
by CyclingDuo
Sun Jul 11, 2021 11:12 am
Forum: Investing - Theory, News & General
Topic: No Pension COLA: What to Do?
Replies: 108
Views: 10508

Re: No Pension COLA: What to Do?

Thanks for pointing out the part about "how much do you need to save in an IRA?'' as I didn't catch that! I was just thinking portfolio in general including Roth, Taxable, and all other tax-deferred vehicles. At least if it already takes taxes into consideration I don't need to bump up the val...
by CyclingDuo
Sat Jul 10, 2021 5:46 am
Forum: Personal Investments
Topic: Asset Mix Question: Bogle Vs. Merriman
Replies: 31
Views: 2436

Re: Asset Mix Question: Bogle Vs. Merriman

Vanguard has a managed portfolio program too, which recommends fewer holdings than Schwab. After researching a number of approaches to asset mix, I have narrowed my approach down to two. The two are: 1. Vanguard Recommendation: Total Stock Market: VTI 48% Total International Market: VXUS 12% Total ...
by CyclingDuo
Sat Jul 10, 2021 4:28 am
Forum: Investing - Theory, News & General
Topic: No Pension COLA: What to Do?
Replies: 108
Views: 10508

Re: No Pension COLA: What to Do?

I recently retired with a very nice pension which is no longer offered to new hires. One catch: the pension is a life annuity and does not have a COLA escalator. I have divided my finances into two components: income and growth. Income is the pension and soc sec and is for recurring expenses such a...
by CyclingDuo
Fri Jul 09, 2021 10:51 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

Garco wrote: Fri Jul 09, 2021 10:28 am While you're at it, figure out how to reach $3 million 30 years from now. In "real" terms (inflation adjusted) that might be a million in today's dollars.
A video just for you courtesy of NerdWallet...

https://www.cnbc.com/2019/10/10/how-to- ... llion.html

:sharebeer
by CyclingDuo
Fri Jul 09, 2021 10:34 am
Forum: Investing - Theory, News & General
Topic: Do you use taxable gains/dividends to cover expenses?
Replies: 25
Views: 2980

Re: Do you use taxable gains/dividends to cover expenses?

Just curious if there are those who are using the taxable distributions to pay for everyday items. For example, let's say cash flow will cover 90% of your monthly bills and then your taxable generates the remaining 10% and some excess. They'll use the $ from the taxable to cover the 10% and then re...
by CyclingDuo
Fri Jul 09, 2021 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 103
Views: 17839

Re: Teachers: what are your best personal finance tips?

After seeing this thread/article, viewtopic.php?f=10&t=353048 , I searched the forum for threads concerning school teachers. I found this thread and wanted to bump it to see if there are any new voices or advice. I'm a new teacher (started at 32) at a private school with no pension, so always l...
by CyclingDuo
Thu Jul 08, 2021 11:11 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

averagedude wrote: Wed Jul 07, 2021 8:29 pm I love charts like these and I remember seeing similar charts like this when I was 20 years old and it inspired me to take action. Starting early is the theme of these charts.
Or learning what size of shovel one needs if starting later. :beer
by CyclingDuo
Thu Jul 08, 2021 8:39 am
Forum: Investing - Theory, News & General
Topic: Stock Picking
Replies: 151
Views: 10610

Re: Stock Picking

Are there any rebels on here that go against the conventional Boglehead wisdom and do stock picking with a significant portion of their investments? I know this may not be a comfortable thing to admit, on this forum. Also, I know getting rich and staying rich are two different things. I imagine the...
by CyclingDuo
Wed Jul 07, 2021 7:26 pm
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

Savings rates are kind of pointless later in life, but they can provide a good short-term goal for early in your career. I would disagree. As a dual income household, once we hit the empty nest years we have used the extra cash flow from lower expenses, and with a house paid off, to really boost th...
by CyclingDuo
Wed Jul 07, 2021 7:23 pm
Forum: Personal Investments
Topic: RMD required from an inherited IRA
Replies: 19
Views: 1374

Re: RMD required from an inherited IRA

My accountant has not answered yet, but maybe someone can. I was notified by Schwab that i will have to take an RMD from my Dad's IRA that I inherited and is now in my name as an inherited traditional IRA. I am 62. Is this correct? Yes. OP when did you inherit it? Sounds like it was before 1/1/20 i...
by CyclingDuo
Wed Jul 07, 2021 2:44 pm
Forum: Personal Investments
Topic: RMD required from an inherited IRA
Replies: 19
Views: 1374

Re: RMD required from an inherited IRA

My accountant has not answered yet, but maybe someone can. I was notified by Schwab that i will have to take an RMD from my Dad's IRA that I inherited and is now in my name as an inherited traditional IRA. I am 62. Is this correct? Yes. OP when did you inherit it? Sounds like it was before 1/1/20 i...
by CyclingDuo
Wed Jul 07, 2021 10:00 am
Forum: Investing - Theory, News & General
Topic: No Pension COLA: What to Do?
Replies: 108
Views: 10508

Re: No Pension COLA: What to Do?

I recently retired with a very nice pension which is no longer offered to new hires. One catch: the pension is a life annuity and does not have a COLA escalator. I have divided my finances into two components: income and growth. Income is the pension and soc sec and is for recurring expenses such a...
by CyclingDuo
Wed Jul 07, 2021 9:35 am
Forum: Investing - Theory, News & General
Topic: How to prepare for a forced early retirement?
Replies: 86
Views: 7298

Re: How to prepare for a forced early retirement?

A lot of related material and thoughts regarding preparing for an event in your 50's which could include involuntary retirement, layoff, etc.... was covered here: https://www.bogleheads.org/forum/viewtopic.php?t=273092 [...] I can only speak from experience that when the event happened for me three...
by CyclingDuo
Tue Jul 06, 2021 11:07 am
Forum: Investing - Theory, News & General
Topic: Social Security as bonds (fixed income) for the average-jane-investor.
Replies: 59
Views: 3368

Re: Social Security as bonds (fixed income) for the average-jane-investor.

Just to throw in a reference to an article Michael Kitces wrote on the subject that I found interesting... Valuing Social Security Benefits As An Asset On The Household Balance Sheet As the years go by, the remaining value of the Social Security asset depletes (as it self-liquidates with payments),...
by CyclingDuo
Tue Jul 06, 2021 9:58 am
Forum: Investing - Theory, News & General
Topic: Social Security as bonds (fixed income) for the average-jane-investor.
Replies: 59
Views: 3368

Re: Social Security as bonds (fixed income) for the average-jane-investor.

I have never saw a benefit of considering SS as a holding in bonds. I absolutely believe SS benefits SHOULD be considered an income stream that will reduce the needed income needed in retirement. That is it. And that's enough. Agreed. +1 Also, if you can't use SS for rebalancing then it shouldn't b...
by CyclingDuo
Mon Jul 05, 2021 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 726
Views: 117194

Re: Losing a job in your 50's...

This is a great, but sobering, thread. Or instead of sobering, maybe it is a liberating thread. The Bogleheads generally, and this forum specifically, have helped a lot of folks, including myself. Yes, I guess in a way when one gets beyond the sobering part of the subject - it indeed can be liberat...
by CyclingDuo
Mon Jul 05, 2021 10:10 am
Forum: Investing - Theory, News & General
Topic: How to prepare for a forced early retirement?
Replies: 86
Views: 7298

Re: How to prepare for a forced early retirement?

The strategy behind the "glide path" used in target date funds seems based primarily on a certain retirement date. This also applies to a variety of strategies based on deducting your age from a certain number to determine your AA. How does one deal with the possible scenario of an undesi...
by CyclingDuo
Sat Jul 03, 2021 9:02 am
Forum: Personal Investments
Topic: Can a teacher with a defined benefit pension also max out a 403b?
Replies: 17
Views: 1299

Re: Can a teacher with a defined benefit pension also max out a 403b?

My daughter in law is a Massachusetts teacher with a mandatory defined benefit pension plan wherein she contributes 11% of her pre-tax income. A 403b Plan is also offered. Can she contribute up to the $19,500 max to the 403b plan or do you deduct the amount contributed to the pension plan from her ...
by CyclingDuo
Sat Jul 03, 2021 8:08 am
Forum: Personal Investments
Topic: Can a teacher with a defined benefit pension also max out a 403b?
Replies: 17
Views: 1299

Re: Can a teacher with a defined benefit pension also max out a 403b?

My daughter in law is a Massachusetts teacher with a mandatory defined benefit pension plan wherein she contributes 11% of her pre-tax income. A 403b Plan is also offered. Can she contribute up to the $19,500 max to the 403b plan or do you deduct the amount contributed to the pension plan from her ...
by CyclingDuo
Fri Jul 02, 2021 11:23 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

Savings rates are kind of pointless later in life, but they can provide a good short-term goal for early in your career. I would disagree. As a dual income household, once we hit the empty nest years we have used the extra cash flow from lower expenses, and with a house paid off, to really boost th...
by CyclingDuo
Fri Jul 02, 2021 8:32 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

I just found this article, also by Business Insider and published two years earlier that the one in the original post, that lists daily savings for 3, 5, and 7% returns. Link: https://www.businessinsider.com/money-saved-per-day-to-retire-a-millionaire-2015-10 https://i.insider.com/5627e75469bedd427...
by CyclingDuo
Fri Jul 02, 2021 6:35 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

Column G in the table above shows that even with a low 5% growth rate, over 40 years only 32% of the $1,000,000 comes from contributions. The other 68% comes from growth. (With 10% growth only 9% comes from contributions and the other 91% from growth. NerdWallet has a nice visual of that (although ...
by CyclingDuo
Fri Jul 02, 2021 12:12 am
Forum: Personal Investments
Topic: How much to save to become a millionaire by 65
Replies: 43
Views: 6943

Re: How much to save to become a millionaire by 65

Ollie123 wrote: Thu Jul 01, 2021 1:16 pmI'm not as pessimistic as some here but even to me a 12% annual return seems off-the-charts insane.
S&P 500 has averaged higher than that for the past 11.5 years. :beer

https://www.officialdata.org/us/stocks/s-p-500/2009
by CyclingDuo
Thu Jul 01, 2021 9:17 pm
Forum: Investing - Theory, News & General
Topic: Did dividend stock funds provide "downside protection" in 2020?
Replies: 237
Views: 15689

Re: Did dividend stock funds provide "downside protection" in 2020?

So I'm seeing S&P 500's 2020 dividends being lower than 2019. CyclingDuo, not sure of the discrepancy with your 0.7% increase. Just going with what I read. Despite headwinds caused by the coronavirus pandemic and subsequent lockdowns, companies in the S&P 500 paid out $58.28 per share in di...
by CyclingDuo
Thu Jul 01, 2021 8:51 am
Forum: Investing - Theory, News & General
Topic: Did dividend stock funds provide "downside protection" in 2020?
Replies: 237
Views: 15689

Re: Did dividend stock funds provide "downside protection" in 2020?

So I think to prove your point, the data you should show is how dividend cuts historically compare to market drops. I think this would be a lot more meaningful than showing the price drop of dividend paying stocks at one moment in time. https://live.staticflickr.com/7847/46549131595_7977db9cd7.jpg ...
by CyclingDuo
Tue Jun 29, 2021 12:53 am
Forum: Personal Investments
Topic: Simple Compounding Chart
Replies: 32
Views: 5856

Re: Simple Compounding Chart

One can always up their rate of savings based on their age according to David Bach... The chart you post shows one can accumulate $1,000,000 by age 65 either by investing $736 each year beginning at age 20 or $56,984 each year beginning at age 55. What you don't mention, CyclingDuo, is that the cha...
by CyclingDuo
Mon Jun 28, 2021 12:16 am
Forum: Personal Investments
Topic: Simple Compounding Chart
Replies: 32
Views: 5856

Re: Simple Compounding Chart

Does anyone other than me find this thread to be depressing. It reminds me of my lost decade where I was not a BH and did not invest systematically like this. Despite regular saving and having some haphazard investments, I was getting a fraction of the current returns :oops: One can always up their...
by CyclingDuo
Sat Jun 26, 2021 7:35 pm
Forum: Personal Investments
Topic: Simple Compounding Chart
Replies: 32
Views: 5856

Re: Simple Compounding Chart

I guess you'll see how quick your daughter is. If she understands this start-compounding-early strategy, she might just come back with "Well Father/Mother, why didn't you just invest $5k for me when I was born and once again on my first birthday? With just 2 years saved back then, I'd have way...