Search found 4966 matches

by UpperNwGuy
Thu Apr 15, 2021 2:20 pm
Forum: Investing - Theory, News & General
Topic: When can you put bonds in a taxable account?
Replies: 10
Views: 1131

Re: When can you put bonds in a taxable account?

Like your mother, I have only taxable accounts, no retirement accounts, and I hold bonds in those accounts. It's not the end of the world. As long as she is in the 20% tax bracket, she's fine with her present holdings. If she somehow ends up in the 24% tax bracket, she may want to consider municipa...
by UpperNwGuy
Thu Apr 15, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do tax preparer add value for 7 figure W2 income
Replies: 32
Views: 1758

Re: Do tax preparer add value for 7 figure W2 income

I've never used a tax preparer, only TurboTax. I just bite the bullet and pay my taxes.
by UpperNwGuy
Thu Apr 15, 2021 12:52 pm
Forum: Investing - Theory, News & General
Topic: Value strategies
Replies: 12
Views: 520

Re: Value strategies

I'm back with the standard screed. 1. Asset values are completely ridiculous. Returns have been dragged forward to the detriment of early accumulators. If you think these values are remotely reasonable you are completely blind. https://www.multpl.com/s-p-500-pe-ratio 2. What are your best strategie...
by UpperNwGuy
Thu Apr 15, 2021 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7043

Re: How close to retirement age would you start to coast instead of grinding it out?

I worked for 40 years and slightly eased up on the accelerator during my final nine months. During those months I worked mostly 8 hour days instead of my usual 10 hour days, stopped coming to work on weekends, and only took one business trip instead of my usual 10-12. On the other hand, I was in th...
by UpperNwGuy
Thu Apr 15, 2021 12:42 pm
Forum: Investing - Theory, News & General
Topic: When can you put bonds in a taxable account?
Replies: 10
Views: 1131

Re: When can you put bonds in a taxable account?

Like your mother, I have only taxable accounts, no retirement accounts, and I hold bonds in those accounts. It's not the end of the world. As long as she is in the 20% tax bracket, she's fine with her present holdings. If she somehow ends up in the 24% tax bracket, she may want to consider municipa...
by UpperNwGuy
Thu Apr 15, 2021 7:41 am
Forum: Personal Finance (Not Investing)
Topic: IC to Manager
Replies: 7
Views: 582

Re: IC to Manager

Learn to delegate. Even delegate those tasks that fall into your personal area of expertise. Even delegate those tasks that your boss asks you to do personally. Use your admin support. Let them keep your calendar and make your appointments and your travel arrangements. Stop doing that stuff yourself...
by UpperNwGuy
Thu Apr 15, 2021 7:26 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 81
Views: 4552

Re: What’s the problem with dividends?

For me, the problem with dividends can be summarized in one word: taxes.
by UpperNwGuy
Thu Apr 15, 2021 7:24 am
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7043

Re: How close to retirement age would you start to coast instead of grinding it out?

I worked for 40 years and slightly eased up on the accelerator during my final nine months. During those months I worked mostly 8 hour days instead of my usual 10 hour days, stopped coming to work on weekends, and only took one business trip instead of my usual 10-12. On the other hand, I was in th...
by UpperNwGuy
Wed Apr 14, 2021 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?
Replies: 62
Views: 5036

Re: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?

Why are you folk so reluctant to let the dealer do a hard pull? Because if I am not borrowing money from the dealer or its affiliates, then the private information in my credit file is none of their business? Because it's none of my creditors' business (who monitor and review your report for new in...
by UpperNwGuy
Wed Apr 14, 2021 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 236
Views: 13395

Re: "Nobody's ever regretted paying off the mortgage."

burritoLover wrote: Wed Apr 14, 2021 4:02 pm Has there ever been any 30-year period you DCA'd into the S&P 500 that returned less than 3%?
Nope.
by UpperNwGuy
Wed Apr 14, 2021 3:58 pm
Forum: Personal Investments
Topic: thinking about adding some REIT
Replies: 77
Views: 3377

Re: thinking about adding some REIT

Obviously office REIT's are depressed still and does not look like a good buy for awhile. That's exactly why it is a good time for a long term investor to buy. And what if commercial office real estate never comes back? What if working from home becomes the permanent new normal. Office buildings wi...
by UpperNwGuy
Wed Apr 14, 2021 3:54 pm
Forum: Personal Investments
Topic: thinking about adding some REIT
Replies: 77
Views: 3377

Re: thinking about adding some REIT

Obviously office REIT's are depressed still and does not look like a good buy for awhile. That's exactly why it is a good time for a long term investor to buy. And what if commercial office real estate never comes back? What if working from home becomes the permanent new normal. Office buildings wi...
by UpperNwGuy
Wed Apr 14, 2021 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 236
Views: 13395

Re: "Nobody's ever regretted paying off the mortgage."

Unlike many bogleheads, I like mortgages. I think they're a good way to buy a house without hindering the growth of your investment portfolio. For me, housing is an expense, not an investment.
by UpperNwGuy
Wed Apr 14, 2021 3:47 pm
Forum: Personal Investments
Topic: thinking about adding some REIT
Replies: 77
Views: 3377

Re: thinking about adding some REIT

I have all the REIT I need in VTSAX — market weight — so I will never have to add any REIT. I also don't have an advisor, so I don't have to deal with this kind of suggestion.
by UpperNwGuy
Wed Apr 14, 2021 8:02 am
Forum: Personal Investments
Topic: Alternative to Total Bond?
Replies: 46
Views: 4385

Re: Alternative to Total Bond?

calliecake47 wrote: Tue Apr 13, 2021 9:24 pm Now that we are recently retired we are more sensitive to the accounts going down in value.
Are your accounts going down in value, or just this one fund? You should be managing your portfolio as a whole, not each fund separately.
by UpperNwGuy
Wed Apr 14, 2021 7:54 am
Forum: Investing - Theory, News & General
Topic: Rebalance time for retiree- If I buy VBTLX now what do I get?
Replies: 18
Views: 1814

Re: Rebalance time for retiree- If I buy VBTLX now what do I get?

mrpotatoheadsays wrote: Tue Apr 13, 2021 12:09 pm - with YTD total return of -3.12%. - Morningstar
and a five year average annual return of 3.07%.
by UpperNwGuy
Wed Apr 14, 2021 7:03 am
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7043

Re: How close to retirement age would you start to coast instead of grinding it out?

If you dont mind sharing: how was the transition from working to retirement for you going from the usual brisk clip on the final day to then being retired the very next day with all the time on your hands? You didn't ask me, but in my case it was wonderful. Suddenly I could do all my weekly errands...
by UpperNwGuy
Wed Apr 14, 2021 6:48 am
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7043

Re: How close to retirement age would you start to coast instead of grinding it out?

I worked for 40 years and slightly eased up on the accelerator during my final nine months. During those months I worked mostly 8 hour days instead of my usual 10 hour days, stopped coming to work on weekends, and only took one business trip instead of my usual 10-12. On the other hand, I was in the...
by UpperNwGuy
Tue Apr 13, 2021 5:53 pm
Forum: Investing - Theory, News & General
Topic: When can you put bonds in a taxable account?
Replies: 10
Views: 1131

Re: When can you put bonds in a taxable account?

Like your mother, I have only taxable accounts, no retirement accounts, and I hold bonds in those accounts. It's not the end of the world. As long as she is in the 20% tax bracket, she's fine with her present holdings. If she somehow ends up in the 24% tax bracket, she may want to consider municipal...
by UpperNwGuy
Tue Apr 13, 2021 5:02 pm
Forum: Investing - Theory, News & General
Topic: Watch out for inflation numbers
Replies: 49
Views: 4937

Re: Watch out for inflation numbers

Why should this be important to me? My IPS says to stay the course, not only through market crashes, high valuations, low interest rates, but also through changes to the rate of inflation.
by UpperNwGuy
Tue Apr 13, 2021 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: events that require unfreezing credit
Replies: 21
Views: 863

Re: events that require unfreezing credit

When you submit the paperwork for the background investigation leading to a government security clearance, they ask you to give them permission to check your credit reports.
by UpperNwGuy
Tue Apr 13, 2021 4:55 pm
Forum: Personal Investments
Topic: What to do with 10K?
Replies: 6
Views: 583

Re: What to do with 10K?

hi_there wrote: Tue Apr 13, 2021 4:54 pm I would just throw it into the taxable account based on your current asset allocation. This $10k is 1% of your wealth.
+1
by UpperNwGuy
Tue Apr 13, 2021 2:28 pm
Forum: Personal Investments
Topic: Alternative to Total Bond?
Replies: 46
Views: 4385

Re: Alternative to Total Bond?

You don't need an alternative to Total Bond. Rather you need to better understand how Total Bond will help you over the course of its duration.
by UpperNwGuy
Tue Apr 13, 2021 2:18 pm
Forum: Personal Investments
Topic: Multiple years of expenses in cash when starting retirement
Replies: 82
Views: 4876

Re: Multiple years of expenses in cash when starting retirement

I retired with six months of cash, and I really didn't need most of that. I don't know why anyone would want multiple years of cash at retirement. In reading some of the responses to your questions, I think some folk are simply expressing a preference for going heavy on cash in the fixed income side...
by UpperNwGuy
Tue Apr 13, 2021 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard cash reserve check writing
Replies: 31
Views: 2181

Re: Vanguard cash reserve check writing

sport wrote: Tue Apr 13, 2021 1:09 pm The solution is to transfer your Admiral Federal Cash Reserve Fund to the Federal MM fund or Treasury MM fund. These funds allow check writing.
This sound like an easy solution to me. What's all the fuss about?
by UpperNwGuy
Tue Apr 13, 2021 10:54 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 172
Views: 16953

Re: Did you move for better weather? Did you regret it?

I was born, raised, studied, worked, and retired in DC, VA, NC, and MD. I suspect I'll live the rest of my life in one of those four states. I'm not fond of the hot, humid summers, and the winters sometimes get rough, but not so much in recent years. The springs and falls are lovely.
by UpperNwGuy
Mon Apr 12, 2021 8:14 pm
Forum: Personal Investments
Topic: Buying a 1.5M house in Austin. Should I pull it?
Replies: 51
Views: 5324

Re: Buying a 1.5M house in Austin. Should I pull it?

Rules of thumb are often helpful to real estate investors. Also, someone with an $800,000 pretax income and only half a million invested in their portfolio is abyssal. OP, can you speak to why your retirement accounts seem to be low relative to your income? OP is probably younger and probably came ...
by UpperNwGuy
Mon Apr 12, 2021 8:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14553
Views: 1116498

Re: U.S. stocks continue to soar!

watchnerd wrote: Mon Apr 12, 2021 8:04 pm
UpperNwGuy wrote: Mon Apr 12, 2021 7:53 pm
watchnerd wrote: Mon Apr 12, 2021 3:06 pm Bah, I couldn't get my full limit order filled.

Even though I was offering the closing price.
Why didn't you use a market order?
See upthread
Because it would take the fun out of it?
by UpperNwGuy
Mon Apr 12, 2021 7:54 pm
Forum: Personal Consumer Issues
Topic: blue Sapphire jewelry
Replies: 9
Views: 908

Re: blue Sapphire jewelry

I would always go to my local jeweler.
by UpperNwGuy
Mon Apr 12, 2021 7:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14553
Views: 1116498

Re: U.S. stocks continue to soar!

watchnerd wrote: Mon Apr 12, 2021 3:06 pm Bah, I couldn't get my full limit order filled.

Even though I was offering the closing price.
Why didn't you use a market order?
by UpperNwGuy
Mon Apr 12, 2021 2:53 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7842

Re: Mixing Bogle and Ramsey to build my portfolio

Conventional wisdom does have you shift assets into bonds at a higher proportion as you get older. I was 100% equities at your age and am now comfortable at 30% in bonds. I still have difficulty with moving towards a lower stock allocation. Therefore, I frequently review Jack Bogle’s “Common Sense ...
by UpperNwGuy
Sun Apr 11, 2021 10:33 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7842

Re: Mixing Bogle and Ramsey to build my portfolio

Conventional wisdom does have you shift assets into bonds at a higher proportion as you get older. I was 100% equities at your age and am now comfortable at 30% in bonds. I still have difficulty with moving towards a lower stock allocation. Therefore, I frequently review Jack Bogle’s “Common Sense ...
by UpperNwGuy
Sun Apr 11, 2021 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do budgets work?
Replies: 122
Views: 4834

Re: Do budgets work?

This morning, I read a Tweet I found depressing: "In 13 years as a financial advisor, I've never seen anyone actually turn their life around with a budget. They either earn their way out of their spending habits, or they are in debt forever." Do you agree? I was deeply in debt for many ye...
by UpperNwGuy
Sun Apr 11, 2021 1:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Portfolio Watch has a new look
Replies: 98
Views: 7755

Re: Vanguard website revamp

I discovered I am holding quite a bit of International bonds! I did not realize Total Bond and Intermediate-term Bond funds have a significant share of Internat'l Bonds. I feel like they forcing me into investing in the Interna'tl. Total Bond has 3.1% foreign, and Intermediate Bond has 3.6% foreign...
by UpperNwGuy
Sat Apr 10, 2021 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 7013

Re: Theory: The Only Four Situations Justifying Debt

I'm fine with car loans. If you don't have a home mortgage, it provides a boost to your credit score. I think putting $10,000 or more down on the car and borrowing the rest can be good for credit scores without the problems caused by depreciation. That’s what they want you to think. Pay your bills ...
by UpperNwGuy
Sat Apr 10, 2021 8:24 pm
Forum: Investing - Theory, News & General
Topic: An alternative to bonds
Replies: 10
Views: 1792

Re: An alternative to bonds

Has anyone heard of HNDL? It's an EDF of EDFs and pays a distribution (not dividend) every month. Right now its paying 7% while the investment has gone unchanged. Here's an article that explains it. https://www.investopedia.com/investing/etf-designed-retirees/?utm_campaign=quote-yahoo&utm_sourc...
by UpperNwGuy
Sat Apr 10, 2021 8:20 pm
Forum: Investing - Theory, News & General
Topic: Question on International Funds...
Replies: 7
Views: 437

Re: Question on International Funds...

When people recommend allocating a certain % of a portfolio into international fuds; let's say 10%. Id this 10% of the ENTIRE portfolio, or of stock allocation? SO if my portfolio is 90% stocks, 10% would be International and 80% (of the total stock allocation) would be domestic, is this correct? I...
by UpperNwGuy
Sat Apr 10, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 7013

Re: Theory: The Only Four Situations Justifying Debt

grabiner wrote: Sat Apr 10, 2021 3:59 pm The important personal finance issue is that too many people take out a loan or a lease in order to buy more expensive cars than they should.
No danger of that happening to me. I've always owned low-end cars.
by UpperNwGuy
Sat Apr 10, 2021 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 7013

Re: Theory: The Only Four Situations Justifying Debt

I'm fine with car loans. If you don't have a home mortgage, it provides a boost to your credit score. I think putting $10,000 or more down on the car and borrowing the rest can be good for credit scores without the problems caused by depreciation. But if you have no mortgage and can buy a car in ca...
by UpperNwGuy
Sat Apr 10, 2021 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 7013

Re: Theory: The Only Four Situations Justifying Debt

I'm fine with car loans. If you don't have a home mortgage, it provides a boost to your credit score. I think putting $10,000 or more down on the car and borrowing the rest can be good for credit scores without the problems caused by depreciation.
by UpperNwGuy
Sat Apr 10, 2021 3:38 pm
Forum: Investing - Theory, News & General
Topic: Rebalance frequency
Replies: 39
Views: 2817

Re: Rebalance frequency

I've never understood people who have 3-4 or more accounts scattered all over the place, and they don't really know what their overall AA is without doing a lot of math. With spreadsheets you only have to do the math once — to create the spreadsheet formulas. After that, the spreadsheet takes over....
by UpperNwGuy
Sat Apr 10, 2021 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4754

Re: Anyone contemplating OLY (One Less Year)?

Most responses in this thread have to do with hitting numbers. My experience was different. When I turned 50, I ran some numbers and decided I could retire at age 64. By my late 50s I realized that job stress was affecting my health/stamina, and I was losing patience with the games people play in la...
by UpperNwGuy
Sat Apr 10, 2021 6:42 am
Forum: Investing - Theory, News & General
Topic: Rebalance frequency
Replies: 39
Views: 2817

Re: Rebalance frequency

livesoft wrote: Sat Apr 10, 2021 6:06 am Are you saying then that on average one has a higher allocation to equities than one wants as stated in one's Asset Allocation plan?
I have found your statement to be true in my own investing life.
by UpperNwGuy
Fri Apr 09, 2021 5:33 pm
Forum: Personal Investments
Topic: No Bonds
Replies: 40
Views: 2488

Re: No Bonds

My entire portfolio is in VSMGX (Vanguard LifeStrategy Moderate Growth). If I switch to 70% VT (Vanguard Total World Stock) and 30% Cash the expected return and risk are similar. Since I am planning to retire early next year, I am also protected against SOR with a hefty cash amount. Anything wrong ...
by UpperNwGuy
Thu Apr 08, 2021 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20688

Re: How much do you spend annually in retirement?

I know that there are alot of variables such as cost of living but I am curious what people spend annually in retirement. My gut tells me that $50,000 annually would be living "high on the hog" assuming all debts are paid off. That's crazy talk! $50,000 is nothing in a high cost of living...
by UpperNwGuy
Thu Apr 08, 2021 3:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Website
Replies: 76
Views: 6226

Re: Vanguard Website

Vanguard has no idea when you last logged on. I've never found their "last logged in" info to be correct.
by UpperNwGuy
Thu Apr 08, 2021 1:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Website
Replies: 76
Views: 6226

Re: Vanguard Website

Yes, Fidelity has a better website, but Vanguard has better funds. Which do you consider to be more important?
by UpperNwGuy
Thu Apr 08, 2021 8:21 am
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

The current value with the 60 day penalty is $5,022. I have had 5 CDs mature over the past 9 weeks and all those monies went to the Intermediate-Term Tax-Exempt Fund. This is not a lot of money, it is that I think the money can be in a better place vs staying where it is for 7 1/2 months. You have ...