Search found 13495 matches

by tibbitts
Mon May 10, 2021 5:22 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

Therefore, if retirees want to get anything remotely close to the same return as they would have gotten through much of the last 40 years, they have virtually no other choice than to increase their stock allocation. 'Age in bonds' made more sense when bonds were yielding 8% than it does today when ...
by tibbitts
Mon May 10, 2021 1:58 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 18
Views: 750

Re: sony a7c full frame camera

Well, I will opine that if you have the budget and if you don't mind carrying big lenses, then you should go with a full frame sensor, as you can just get results that are past the abilities of crop sensors. Shallow depth of field is one thing, and will really make your photos look like "not c...
by tibbitts
Mon May 10, 2021 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 52
Views: 2497

Re: What prompted you to pull the plug and retire?

I hardly ever see this mentioned on Bogleheads, but I retired when I did because I wasn't good enough at my job any longer and wasn't being as productive or contributing as much as I wanted to. I wasn't told that and could have kept working. I did hold out maybe a few months more than I would have f...
by tibbitts
Mon May 10, 2021 12:43 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 18
Views: 750

Re: sony a7c full frame camera

Why full-frame? And why new? Good idea about considering used. Whether new or used do test any new acquisition carefully, and be sure you can return the item without any arguments at no or minimal cost to you. Honestly I've had zero problems with new or used bodies, although obviously some luck is ...
by tibbitts
Mon May 10, 2021 11:09 am
Forum: Personal Investments
Topic: How much is enough for a single man to retire?
Replies: 51
Views: 4071

Re: How much is enough for a single man to retire?

newyorker wrote: Mon May 10, 2021 10:37 am
One of my assistant girl used to work at a nursing home and told me how these old men and women are treated. Pretty sad way to die.
What is an "assistant girl"? I can see where your budget might depend on the answer to that.
by tibbitts
Mon May 10, 2021 10:58 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 55
Views: 4110

Re: What does your bond portfolio look like in this low interest world?

I’ve moved a good part of my fixed income portfolio to multi year guaranteed annuities (MYGAs). Better yield than bond funds, no market value fluctuations if held to maturity. I will decide whether to go back into bonds as the MYGAs mature. A great move in my opinion. In this rate environment, I’m ...
by tibbitts
Mon May 10, 2021 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Annual return
Replies: 4
Views: 444

Re: Annual return

I've averaged a 5% return on my investments over the last four years with a basic 50/50 portfolio. Three Vanguard index funds and one non-index. We are retired. I don't worry about the markets but notice daily movements. A recent conversation with a friend and he has long invested in QQQ and made (...
by tibbitts
Mon May 10, 2021 10:46 am
Forum: Personal Consumer Issues
Topic: Comparing HVAC replacement quotes
Replies: 14
Views: 1402

Re: Comparing HVAC replacement quotes

As long as i keep the temp consistent in the house (counter intuitive) it costs almost nothing to run. If I run a schedule, it tends to kick up to 60-100% to bring the temp back down and you can definitely see the energy usage above 80%. Time will tell how long its lasts and how expensive it is to ...
by tibbitts
Mon May 10, 2021 10:33 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 18
Views: 750

Re: sony a7c full frame camera

Yes, third party lens availability is a big deal to me as well. I bought a Nikon d7500 a couple of years ago because I wanted a decent camera for wildlife/action shooting AND the ability to get quality 3rd party lenses. I really liked the Fuji mirrorless cameras but .... I'd have spent a LOT more m...
by tibbitts
Mon May 10, 2021 10:21 am
Forum: Personal Investments
Topic: How much is enough for a single man to retire?
Replies: 51
Views: 4071

Re: How much is enough for a single man to retire?

I need bogleheads opinion on what would be the FI number for a single person. I know it depends very heavily on the location of retirement but I am thinking 3M in VOO should set me up nicely + the cost of residence (whether it be a house or condo) 3M in VOO will grow along with inflation thus infla...
by tibbitts
Mon May 10, 2021 10:10 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 18
Views: 750

Re: sony a7c full frame camera

Usability and ergonomics promote use. They trump technical capabilities -- which in 2021 for all cameras farrr and away exceed the requirements and capabilities of most users. My personal opinion after multiple Sonys, Fuji, and Olympus, is that the latter 2 are much better designed and more fun to ...
by tibbitts
Mon May 10, 2021 9:48 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 18
Views: 750

Re: sony a7c full frame camera

I'm contemplating about buying Sony a7c which is smallest full frame. It looks like ideal for travelling. I'm not a pro by any means. Reasons for buying it: 1. my current Sony nex 5t (mirrorless) is broken. 2. My 2nd son who will leave for college for two years wants to learn photography. I thought...
by tibbitts
Mon May 10, 2021 9:27 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 55
Views: 4110

Re: What does your bond portfolio look like in this low interest world?

To answer the original question, I moved all the traditional bond funds I had (some GNMA, mostly short/intermediate corporate) to 3% TIAA. However I still have non-Boglehead-approved High Yield Corporate, EM, and Floating Rate bond funds. All of that is in deferred accounts. In taxable, I'm spending...
by tibbitts
Mon May 10, 2021 9:14 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 55
Views: 4110

Re: What does your bond portfolio look like in this low interest world?

I’ve moved a good part of my fixed income portfolio to multi year guaranteed annuities (MYGAs). Better yield than bond funds, no market value fluctuations if held to maturity. I will decide whether to go back into bonds as the MYGAs mature. A great move in my opinion. In this rate environment, I’m ...
by tibbitts
Sun May 09, 2021 10:09 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

Vanguard Fan 1367 wrote: Sun May 09, 2021 7:42 pm I thought I might be better off with VYM, Vanguard’s High dividend yield ETF in early May last year. So far that is working out ok as compared to total bond ETFs.
Possibly an example of confusing strategy with outcome?
by tibbitts
Sun May 09, 2021 8:57 pm
Forum: Personal Investments
Topic: Two Roth conversion questions
Replies: 7
Views: 749

Re: Two Roth conversion questions

1) Look into the safe harbor rules. While you are correct that taxes are a "pay as you go" system, if you are paying the funds out of cash then you either need estimated payments or the safe harbor payment. However (my favorite method...) if you are withdrawing from your IRA anyway to rep...
by tibbitts
Sun May 09, 2021 6:47 pm
Forum: Personal Consumer Issues
Topic: Windows 10 + Chrome = Slow and Sluggish
Replies: 37
Views: 1227

Re: Windows 10 + Chrome = Slow and Sluggish

Add more memory. Add chrome extensions such as AdBlock and such, to reduce how much junk it is running in the background. Or try the opposite approach - if you already have a bunch of extensions, install just Chrome from scratch, with no extensions, and see if that matters. Although I have an SSD (...
by tibbitts
Sun May 09, 2021 6:36 pm
Forum: Investing - Theory, News & General
Topic: 10-20% Bonds? What’s the point?
Replies: 161
Views: 8776

Re: 10-20% Bonds? What’s the point?

What’s the point of having a small allocation to bonds of 10%? Kinda seems like wearing a leather jacket instead of a bullet proof vest. Sure it helps a little but not enough to matter. If the market drops, are you going to care if your portfolio drops 32% instead of 35%? Seems like bonds don’t rea...
by tibbitts
Sun May 09, 2021 5:50 pm
Forum: Personal Investments
Topic: Buying Vanguard Funds through Fidelity?
Replies: 20
Views: 1444

Re: Buying Vanguard Funds through Fidelity?

Sorry - bit new to actually picking stocks and using the system to do it etc... Almost nobody here picks stocks or uses a "system" to do it. For the type of investing most Bogleheads do, there are minimal or in some cases no practical differences between ETF and mutual fund share classes....
by tibbitts
Sun May 09, 2021 2:11 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

I still do "age in fixed." In my TIAA accounts it is in TIAA Traditional paying 4%+. In other accounts bond funds. For me it is easy to follow and has prevented mischief that could have cost me $$. Right, that's a special case you are fortunate to have but most people do not have access t...
by tibbitts
Sun May 09, 2021 2:03 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3313

Re: Does anyone hold Vanguard Windsor II or Wellington?

I think Wellington is a good choice for a 60/40 fund with a slight value tilt. I own some. Windsor is a large cap value bet with very rocky ride. IMO, on a risk-adjusted basis I would take Wellington over Windsor without much thought. But they don't compete with each other, and you'd expect all-equ...
by tibbitts
Sun May 09, 2021 1:35 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3313

Re: Does anyone hold Vanguard Windsor II or Wellington?

Metsfan91 wrote: Sun May 09, 2021 1:28 pm I have wellington fund in taxable. It is actively managed fund, and it has a long history of doing well. I first acquired in mid 2000's.
It would have taken a lot of determination to hold on through its wild ride in the '60s and early '70s. I'm pretty sure I would have bailed.
by tibbitts
Sun May 09, 2021 1:17 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

Almost if not all Bogleheads support dividend investing to the extent it's already included in broad market index funds like Total Stock Market. Quite a few might somewhat tilt toward it indirectly or otherwise in tax advantaged accounts, if only as a sometimes-byproduct of value for example. A few ...
by tibbitts
Sun May 09, 2021 11:23 am
Forum: Investing - Theory, News & General
Topic: I’m writing a really basic investor’s guide for my [adult children] - input welcome
Replies: 55
Views: 3660

Re: I’m writing a really basic investor’s guide for my kids - input welcome

I think it would be helpfull for you to steer her to some kind of balanced fund. This way, she doesn't have to make decisions she might not be capable of handling correctly if she has no interest in educating herself on these matters. I could hold their hand and show them how to just put their mone...
by tibbitts
Sun May 09, 2021 10:30 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

True. If GE is a large part of or all of the dividend allocation. Plenty of MF's owned GE all the way down as well. Although I'd like to give myself credit for not owning GE quite all the way down, the truth is that was mostly because at the time I rolled over my GE employer plan, I didn't have a b...
by tibbitts
Sun May 09, 2021 10:02 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

If you disagree with dividend investing, that is perfectly fine. But non-sequitur / strawman arguments are a waste of time. I have modest tilts to small, value, (high) dividend, and dividend appreciation. Honestly I might not choose that path again, but I'm maintaining it. Less than .5% of my inves...
by tibbitts
Sun May 09, 2021 9:52 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

bertilak wrote: Sun May 09, 2021 9:33 am You said "it is a real example" so asking what "it" refers to is a legitimate question.
Each person can decide for themselves if it's a legitimate question or a stupid question. My opinion won't be changing and I'm sure everyone else's won't either.
by tibbitts
Sun May 09, 2021 9:17 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

So GE is the real example? No. It's not conceivable that you could have read my response and asked that question. Well, I ready your post and still don't know what your real example is. You did mention GE but in a way that was hard to interpret. Therefore I think the question was justified. I had t...
by tibbitts
Sun May 09, 2021 8:39 am
Forum: Investing - Theory, News & General
Topic: I’m writing a really basic investor’s guide for my [adult children] - input welcome
Replies: 55
Views: 3660

Re: I’m writing a really basic investor’s guide for my kids - input welcome

How old are your daughters? There's a big difference in what you should include if they're 12 or 25. Ordinarily I'd assume more like 25 given an early-60s parent, but this is Bogleheads, so that's definitely not a safe assumption. Reading-age with sufficient comprehension... well, again it's Bogleh...
by tibbitts
Sun May 09, 2021 8:10 am
Forum: Personal Investments
Topic: When to take some profit and how much
Replies: 14
Views: 1975

Re: When to take some profit and how much

If you have variable income from year to year sufficient to change your capital gains tax rate, you might consider that in terms of "when." You have to decide for yourself if potential capital gains tax policy changes in the future should affect your decision.
by tibbitts
Sat May 08, 2021 10:39 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

I have been looking at this strategy as well and on lookout for high-dividend yield fund. However, these funds have yields of < 2%. So, they do not offer any significant dividend advantage over say, S&P500. e.g. SCHD yield is 1.52% VIG is 1.32% Individual Stocks on the other hand have significa...
by tibbitts
Sat May 08, 2021 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts About Blue Cross Blue Shield Settlement - Class Action Antitrust Lawsuit
Replies: 51
Views: 15226

Re: Thoughts About Blue Cross Blue Shield Settlement - Class Action Antitrust Lawsuit

I had a BCBS policy for my small business, through the local chamber of commerce. Two of us were LLC members and for part of the time both of us had BCBS coverage. Later in the period only one of us was covered. The business no longer exists - so no checking account, etc. The notice postcard was add...
by tibbitts
Sat May 08, 2021 9:27 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 185
Views: 18133

Re: Willing to share your Taxable Portfolio?

Due mostly to tax-loss-harvesting issues, I have Total Stock Market, 500 Index, and Extended Market. At various times I've also used a couple of other funds like Tax Managed Cap App and Tax Managed Small Cap. Again the reason for the multiple funds is mostly a result of loss harvesting and then bein...
by tibbitts
Sat May 08, 2021 8:39 pm
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3781

Re: Tips to convince my Dad about Index Funds?

I like to remind anyone who downplays the 1% AUM fee during their accumulation phase how significant that 1% fee becomes during their withdrawal phase. If you're living off 4% of your savings, a 1% AUM fee is 25% of your annual spending amount. That's just too much money for me to give away. Althou...
by tibbitts
Sat May 08, 2021 7:18 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

Even if you want to assume the dividend payout is safe and won't be cut (a big assumption) the underlying price of the stock can definitely go down. All sorts of "invincible" blue chip stocks have gone through this, from Exxon Mobil, General Electric, IBM, etc. Clinging to the dividend wh...
by tibbitts
Sat May 08, 2021 6:37 pm
Forum: Personal Investments
Topic: Best use of $3,000 that is saved for a class in March 2022
Replies: 13
Views: 1117

Re: Best use of $3,000 that is saved for a class in March 2022

Maybe pay for the class today. Tomorrow the cost will probably go up to $4000.
by tibbitts
Sat May 08, 2021 6:13 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

Even if you want to assume the dividend payout is safe and won't be cut (a big assumption) the underlying price of the stock can definitely go down. All sorts of "invincible" blue chip stocks have gone through this, from Exxon Mobil, General Electric, IBM, etc. Clinging to the dividend wh...
by tibbitts
Sat May 08, 2021 5:22 pm
Forum: Personal Investments
Topic: Total Bond Fund & BND
Replies: 6
Views: 622

Re: Total Bond Fund & BND

That's what I don't understand. They both own essentially the same bonds. Why is one priced at 8 times the other? R2 While probably somewhat simplistic, the initial offering price for a share class is arbitrary. Changes to the price in terms of percentage, as the securities included change in value...
by tibbitts
Sat May 08, 2021 5:11 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3921

Re: Critique my dividend stock strategy

69, retired, married. With my CD's now maturing, and interest rates virtually zero for CDs or bond funds, I've been buying stocks of companies that pay healthy dividends in the 2% to 5% range, in most cases increasing dividends year to year. They are in my Roth and tIRAs. Plan on never selling them...
by tibbitts
Sat May 08, 2021 4:52 pm
Forum: Personal Investments
Topic: Total Bond Fund & BND
Replies: 6
Views: 622

Re: Total Bond Fund & BND

The Vanguard Total Bond Fund Index Admiral is around $11. The BND, which is the stock market version of the bond fund, is $85. If both are essentially the same fund, how did the prices get to be so different? R2 Different share classes were often created at different times and with different initia...
by tibbitts
Sat May 08, 2021 3:52 pm
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3781

Re: Tips to convince my Dad about Index Funds?

I got him to test the waters by investing approx $60K with Vanguard Advisor Services. They set him up with a 60/40 portfolio of Stocks (VTI) & Bonds (BND). Instead of investing more with them, he keeps wanting to go back to working with a Portfolio Advisor who would charge him 1.1 to 1.4% of hi...
by tibbitts
Sat May 08, 2021 2:19 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

It wasn't all that long ago that "your age in bonds" was a widely-followed rule of thumb for knowledgeable investors. I just pick an anticipated date of retirement and target date fund for such date. I just checked. For a 40 year old my TDF has 28% bonds and 72% stocks. Pretty close to ag...
by tibbitts
Sat May 08, 2021 2:18 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

Shouldn't one also consider the nature of the equity allocation? Stocks with higher expected returns would allow for a larger bond allocation. That would seem to have always been the theory - more SCV should be accompanied by more bonds. Although I'm not sure most people actually follow that in the...
by tibbitts
Sat May 08, 2021 1:42 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

Are there more substantive reasons for the decline of "your age in bonds" or should we be revisiting this mantra? 120 - age is another mantra. Not really. We started with age-in-bonds which lasted seemingly forever, then flipped though 110-age, 120-age, and now we've arrived at "why ...
by tibbitts
Sat May 08, 2021 12:24 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 89
Views: 6022

Re: What Ever Happened to "Your Age In Bonds"?

Are there more substantive reasons for the decline of "your age in bonds" or should we be revisiting this mantra? 120 - age is another mantra. Not really. We started with age-in-bonds which lasted seemingly forever, then flipped though 110-age, 120-age, and now we've arrived at "why ...
by tibbitts
Sat May 08, 2021 11:48 am
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3781

Re: Tips to convince my Dad about Index Funds?

hudat2021, you made your case to your dad. It sounds as if you not only introduced him to the concept, but even got him to try it out. At this point, I think you should just relax and say it's his life and his money. It's as if he were buying a new car at a dealer he's used for years, and you think...
by tibbitts
Sat May 08, 2021 11:31 am
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3781

Re: Tips to convince my Dad about Index Funds?

hudat2021 wrote: Sat May 08, 2021 11:26 am
Enolacs wrote: Sat May 08, 2021 8:22 am ABCs of advice

A: Never give ADVICE
B: Unless its part of a BUSINESS
C: For which you receive COMPENSATION
:D Yup. My advice is worth $0
And, even if you consider it to be part of your job, don't give advice if giving it may prevent you from receiving future compensation.
by tibbitts
Sat May 08, 2021 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Can't wrap head around not having cash
Replies: 90
Views: 9053

Re: Can't wrap head around not having cash

Im trying real hard to figure out what emergency would cost 140k aside from a ransom if someone kidnapped your kid or wife Okay: tomorrow some tiny local savings bank suddenly offers a special one-day deal: 5% 1yr CD on up to $140k. That would constitute a Boglehead emergency. And those kidnappers ...
by tibbitts
Sat May 08, 2021 9:54 am
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3781

Re: Tips to convince my Dad about Index Funds?

I got him to test the waters by investing approx $60K with Vanguard Advisor Services. They set him up with a 60/40 portfolio of Stocks (VTI) & Bonds (BND). Instead of investing more with them, he keeps wanting to go back to working with a Portfolio Advisor who would charge him 1.1 to 1.4% of hi...
by tibbitts
Sat May 08, 2021 7:55 am
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 84
Views: 3126

Re: Do you still read the print newspaper?

So I decided funding an editorial board that promotes political positions I disagree with was a lesser concern than risking the loss of local reporting. So far that's my position as well, although by far the greatest political bias in my local newspaper content I find is in the national stories wri...