Search found 35416 matches

by dbr
Thu May 06, 2021 7:34 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 109
Views: 5103

Re: Anyone hate where they live primarily because of the weather?

No, east coast, west coast, mountain west, or upper midwest I have never lived somewhere that I couldn't stand due to the weather. It helps to be fine with a cold winter.

I think I would not do well with most of the real south east though, but you never know.
by dbr
Thu May 06, 2021 3:26 pm
Forum: Personal Investments
Topic: Retirees: Distributions in down markets
Replies: 43
Views: 2993

Re: Retirees: Distributions in down markets

You guys realize the linked example is contrived, right? Try it with "You need $50 cash" instead of $10 and you should see it, hopefully. In your example though that means you'd need HALF of your entire portfolio in a single draw. If that's the case, there are probably bigger issues. :sho...
by dbr
Thu May 06, 2021 3:14 pm
Forum: Personal Investments
Topic: Trying to determine the value of long term care insurance for my situation
Replies: 3
Views: 305

Re: Trying to determine the value of long term care insurance for my situation

It seems that with LTC insurance the situation is that those who can afford it won't need it and vice versa. For us the possible payback if we use the policy will be large compared to the cost of premiums accumulated over time. On the other hand we probably don't really need it. I would rather be wh...
by dbr
Thu May 06, 2021 3:09 pm
Forum: Personal Investments
Topic: Can someone explain interest rates vs bonds price?
Replies: 3
Views: 421

Re: Can someone explain interest rates vs bonds price?

See this article in the Wiki: https://www.bogleheads.org/wiki/Bonds:_advanced_topics#Duration https://www.bogleheads.org/wiki/Duration_-_math_definitions The topic can get a little complicated. I would be wary of one sentence characterizations. For example the statement you quoted is technically cor...
by dbr
Thu May 06, 2021 2:17 pm
Forum: Investing - Theory, News & General
Topic: [Question About Fund Tickers]
Replies: 7
Views: 401

Re: Dum Question

There is a degree of acronym involved, imperfectly. Vanguard funds begin with V, Fidelity with F, I guess. It should not be a surprise that VIPSX is inflation protected securities, or that L is likely long bonds and S short bonds, and VBIAX is the balanced index. Etc. I'm not sure why they all end i...
by dbr
Thu May 06, 2021 1:27 pm
Forum: Personal Investments
Topic: 401k wellington fund
Replies: 9
Views: 617

Re: 401k wellington fund

thank you all for your replies The other bond funds available in my 401k are Fidelity intermed bond FTHRX Vanguard intermed bond invest grade adm VFIDX Vanguard short term bond index adm VUSFX Vanguard ultra short term adm VUDFX We have very little debt only an 1100.00 dollar house payment and live...
by dbr
Thu May 06, 2021 12:25 pm
Forum: Personal Investments
Topic: Is it acceptable for 30 year old with $2 million to have 100% all in diversified total world stock index funds?
Replies: 35
Views: 3126

Re: Is it acceptable for 30 year old with $2 million to have 100% all in diversified total world stock index funds?

As above. The investor has to understand the consequences and evaluate if it is reckless or not. It depends on what the investor needs or wants the money for and what is at risk for that investor given the volatility of such an investment of that size for that investor. Can you tell us more about th...
by dbr
Thu May 06, 2021 11:42 am
Forum: Personal Finance (Not Investing)
Topic: How to Use Power of Attorney for Checking Account
Replies: 17
Views: 1060

Re: How to Use Power of Attorney for Checking Account

I have power of attorney on a relative's checking account. To obtain this it was necessary for the two of us to sit down at a desk at a bank branch and fill a copy of the durable power of attorney form for our state with the POA limited to only that specific checking account. The form was then signe...
by dbr
Thu May 06, 2021 11:29 am
Forum: Personal Consumer Issues
Topic: TSA PreCheck question
Replies: 18
Views: 1492

Re: TSA PreCheck question

dukeblue219 wrote: Thu May 06, 2021 11:24 am
plasticofantastico wrote: Thu May 06, 2021 10:56 am If you travel at all internationally, pay the extra $20 and get Global Entry instead of TSA pre-check. Makes clearing immigration and customs much easier.
Very good point, especially if a CC is covering it anyway.
Also agree with that.
by dbr
Thu May 06, 2021 11:27 am
Forum: Personal Consumer Issues
Topic: Mineral-based sunscreen without looking like a ghost?
Replies: 35
Views: 3283

Re: Mineral-based sunscreen without looking like a ghost?

Far and away my solution for sun protection is to cover up. This can also make sense from a cooling point of view in many environments. I am not a swimmer or beach goer, however. My dermatologist agrees and can confirm that what I do is working. The main weak spots that need something applied are no...
by dbr
Thu May 06, 2021 11:20 am
Forum: Personal Consumer Issues
Topic: TSA PreCheck question
Replies: 18
Views: 1492

Re: TSA PreCheck question

My wife is very happy to have kept her maiden name with all sorts of simplification and advantages. Keeping straight that she really is the natural mother of children who don't have her last name has been a non-issue. We would never have taken the hyphenation route. I know families where the childre...
by dbr
Thu May 06, 2021 11:16 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1644

Re: "Cooling" Materials

For heavy duty comfortable cooling "phase change" cooling vests are the ultimate. Some MS patients use them as do people working in oppressive heat situations. Supposedly even disneyworld characters when wearing their costumes in the Florida summer. You "freeze" them then they &...
by dbr
Thu May 06, 2021 11:10 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1644

Re: "Cooling" Materials

Fabric and weaves with lots of surface area are good for evaporative cooling. Technical fabric with "grids" that keep a good-size area close, but not in direct contact with skin are good. Many of these synthetic "cooling" fabrics have these features as do microfiber cloths. A fl...
by dbr
Thu May 06, 2021 11:05 am
Forum: Personal Investments
Topic: When you state your asset allocation are you including everything or just invested assets?
Replies: 43
Views: 2330

Re: When you state your asset allocation are you including everything or just invested assets?

The biggest distinction that might actually matter is whether or not to include investment real estate, farm and timber land, oil and gas trusts, private REITS, partnerships in closely held businesses, being beneficiary to a large trust and so on. I think the best answer to that is that a person who...
by dbr
Thu May 06, 2021 10:58 am
Forum: Investing - Theory, News & General
Topic: Lawsuits and taxable accounts
Replies: 30
Views: 2364

Re: Lawsuits and taxable accounts

I forget all my trust law from barbrip, but maybe husband makes a trust with wife as beneficiary and vice versa. Ample umbrella insurance is likely the easiest option (that is what I do). SLATS could work (depends on the state and how it treats the term grantor), but half the assets are still up fo...
by dbr
Thu May 06, 2021 10:50 am
Forum: Personal Investments
Topic: When you state your asset allocation are you including everything or just invested assets?
Replies: 43
Views: 2330

Re: When you state your asset allocation are you including everything or just invested assets?

I include all investments and all bank accounts (including my checking account). I have it all in a spreadsheet I update monthly. My spreadsheet has categories by account type (Retirement or Taxable) and a separate category for "Cash". For the asset allocation calculation I count the &quo...
by dbr
Thu May 06, 2021 9:42 am
Forum: Personal Investments
Topic: 401k wellington fund
Replies: 9
Views: 617

Re: 401k wellington fund

You should certainly evaluate your need, ability, and willingness to take risk and adjust accordingly with an appropriate allocation to bonds.* It is not unreasonable to retire at 50/50 to 70/30 depending on how you answer the above analysis. There is no special reason to select Wellington and it i...
by dbr
Thu May 06, 2021 9:38 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1644

Re: "Cooling" Materials

In my humid climate I find cotton much more comfortable than synthetic except when riding a bicycle with airflow helping evaporation. Friends of mine say the opposite. I think it is probably a YMMV thing. Agree. For biking the one is true. For just moving around on a hot day a cotton tee shirt and ...
by dbr
Thu May 06, 2021 9:32 am
Forum: Personal Investments
Topic: 401k wellington fund
Replies: 9
Views: 617

Re: 401k wellington fund

You should certainly evaluate your need, ability, and willingness to take risk and adjust accordingly with an appropriate allocation to bonds.* It is not unreasonable to retire at 50/50 to 70/30 depending on how you answer the above analysis. There is no special reason to select Wellington and it is...
by dbr
Thu May 06, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1644

Re: "Cooling" Materials

Hot day outside working or on a tractor. Long sleeve thicker cotton shirt or overalls. 1 gallon jug of water. Thick wide brim hat. Pour the water over one's head and neck and soak the clothing. Repeat as needed. (it can get very very cold). In lieu of a gallon jug of water, spouse can use a water h...
by dbr
Thu May 06, 2021 9:15 am
Forum: Personal Investments
Topic: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?
Replies: 41
Views: 5584

Re: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?

I disagree with most of you. Since 1991 to 2020; US market returns have been over 10.7% over 30 years. 10.9% over past 50 years. Run a simulation in excel using exact returns of S&P 500 from 1990 to 2020, and take out 15% taxes starting with $1M and initial withdrawal rate of 5% or 50k. Increas...
by dbr
Thu May 06, 2021 8:57 am
Forum: Personal Investments
Topic: Retirees: Monthly vs Quarterly vs Annual Distributions
Replies: 25
Views: 1548

Re: Retirees: Monthly vs Quarterly vs Annual Distributions

For maximum return the strategy is to have as much invested as possible as long as possible at as high a risk as possible. If you are worried about holding too much in cash then just divert to a little higher allocation to stocks otherwise to compensate. Very few retirees are all stocks and also wor...
by dbr
Thu May 06, 2021 8:44 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1644

Re: "Cooling" Materials

I know the most effective means of cooling when bicycling is to not stop. An average 15mph breeze performs miracles. The next most effective thing is to get out of the sun. Naturally sufficient hydration is assumed. I'm not sure a cold compared to a lukewarm drink makes much difference. As a last re...
by dbr
Thu May 06, 2021 8:34 am
Forum: Investing - Theory, News & General
Topic: “Take risk on equity side”
Replies: 62
Views: 5575

Re: “Take risk on equity side”

Investment advice by mantra is meaningless and should be ignored. A person can consult a considered discussion of choices in bonds when making a decision. Ironically it turns out most of the choices don't make much difference. Also, bonds are risky, depending on what the risk is.* *Risk does not mea...
by dbr
Thu May 06, 2021 8:27 am
Forum: Personal Investments
Topic: 70K in Managed Funds Next Best Steps
Replies: 2
Views: 177

Re: 70K in Managed Funds Next Best Steps

I think the best advice is to start reading from some of the books listed in the Wiki which can be explored from this point: https://www.bogleheads.org/wiki/Main_Page https://www.bogleheads.org/wiki/Getting_started You can also make a habit of reading discussion here on the forum. (When I started at...
by dbr
Thu May 06, 2021 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Inherited trust question
Replies: 20
Views: 1301

Re: Inherited trust question

It sounds like the consensus here is that (a) we don't have a real ability to influence the trustee/financial advisor, (b) we should perhaps have a chat about a recommended investment approach (but they have no requirement to listen to us, other than to maintain goodwill), and (c) keep the trust in...
by dbr
Wed May 05, 2021 1:31 pm
Forum: Personal Investments
Topic: Allocation/Importance of bonds during wealth accumulation phase?
Replies: 14
Views: 833

Re: Allocation/Importance of bonds during wealth accumulation phase?

The function of bonds in a portfolio of stocks and bonds is to reduce the uncertainty of future outcome at the price of reducing the overall range of possible wealth gained. That includes both random variation and also the impact of some drastic but unlikely failing in stocks. When and how far you ...
by dbr
Wed May 05, 2021 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited trust question
Replies: 20
Views: 1301

Re: Inherited trust question

My inclination would be to consult my own attorney for an opinion on what might be done to get the trust distributed or terminated. I would not do this with an adversarial attitude, but it is a point that the trustee operates in the interests of the trust as written and not in your interest beyond t...
by dbr
Wed May 05, 2021 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house as part of estate planning
Replies: 28
Views: 1659

Re: Selling house as part of estate planning

Thanks for the replies. I should clarify that I wasn't thinking of selling my house simply to make life easier for my kids. Maybe a better question, and one that's valid whether kids are involved or not, is whether you downsized by selling your house and then renting instead of buying. Then you hav...
by dbr
Wed May 05, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house as part of estate planning
Replies: 28
Views: 1659

Re: Selling house as part of estate planning

If I wasn't so nice to our daughters I would leave everything of ours in the home to be disposed of, much like the daughters left some of their stuff for years when they left the nest. :D We'll clean out our stuff after they have cleaned out their stuff that is still here. Why are my daughter's col...
by dbr
Wed May 05, 2021 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Selling house as part of estate planning
Replies: 28
Views: 1659

Re: Selling house as part of estate planning

I know lots of people who sell, downsize, and clean out because it benefits them. I haven't heard of someone doing that against their actual preferences in order to relieve their children or other heirs of a burden. I do know plenty of people who have been sadly forced to give up their residence and...
by dbr
Wed May 05, 2021 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to claim SS. Is this always best?
Replies: 67
Views: 4679

Re: Wait until 70 to claim SS. Is this always best?

Am I thinking this through clearly, or m I missing something? You are missing that increased Social Security is a form of longevity risk reduction. In other words the breakeven calculation does not consider the importance increased inflation indexed income might have if you do outlive the breakeven...
by dbr
Wed May 05, 2021 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Spenddown planning
Replies: 37
Views: 2605

Re: Retirement - Spenddown planning

I am not sure what you have in mind for a "template" but there are a number of retirement planning programs available that manage such things as starting Social Security or other income or expenses. iORP does some tax planning. All such programs include a probabilistic assessment of future...
by dbr
Wed May 05, 2021 10:21 am
Forum: Personal Investments
Topic: Allocation/Importance of bonds during wealth accumulation phase?
Replies: 14
Views: 833

Re: Allocation/Importance of bonds during wealth accumulation phase?

The function of bonds in a portfolio of stocks and bonds is to reduce the uncertainty of future outcome at the price of reducing the overall range of possible wealth gained. That includes both random variation and also the impact of some drastic but unlikely failing in stocks. When and how far you g...
by dbr
Wed May 05, 2021 10:01 am
Forum: Personal Investments
Topic: Retirees: Distributions in down markets
Replies: 43
Views: 2993

Re: Retirees: Distributions in down markets

I do wonder what will happen to stocks when bond rates start going materially higher (a 70s-plus scenario). We seem to be in such uncharted territory, at least in our lifetimes, that I tend to get wary of going too far into equities and become more concerned about having enough safe assets for a de...
by dbr
Wed May 05, 2021 9:55 am
Forum: Personal Investments
Topic: LSI vs. DCA, but with a twist [Lump sum vs. Dollar Cost Averaging]
Replies: 20
Views: 766

Re: LSI vs. DCA, but with a twist

Very much so. I don’t know if there is statistically a better outcome, but I think there is additional removal of psychological barriers. You’re not turning cold hard cash into funds, you’re only trading one fund for another. Additionally, after a few rounds you’re well removed from when any of thi...
by dbr
Wed May 05, 2021 9:50 am
Forum: Personal Investments
Topic: Portfolio advice for my wealthy millennial west coast niece
Replies: 12
Views: 2007

Re: Portfolio advice for my wealthy millennial west coast niece

Mixing and matching all those different funds would not be my taste. What thought/desire has generated that? There is such a thing as tilting a portfolio to small cap and value or as completing the S&P 500 to make the total market. Small cap value tilting needs to be a well understood intention,...
by dbr
Wed May 05, 2021 9:45 am
Forum: Personal Investments
Topic: Portfolio advice for my wealthy millennial west coast niece
Replies: 12
Views: 2007

Re: Portfolio advice for my wealthy millennial west coast niece

Here the questions- 2) Recently sold vested IPO stock and has 500K in cash to invest sitting in a bank account. Should the money be deployed right away? It already is deployed -- in cash. If that is the asset allocation wanted, then she is already there. If it isn't the asset allocation wanted, the...
by dbr
Wed May 05, 2021 8:27 am
Forum: Personal Investments
Topic: how to hedge your portfolio against rising interest rates
Replies: 14
Views: 611

Re: how to hedge your portfolio against rising interest rates

Note, by the way, that long term investors should hope that real interest rates do go up so that bonds return some more normal amount compared to now. You would not want to hedge to somehow negate that. Inflation is an issue in the long term. Fixed income can be offset from inflation by holding TIPS...
by dbr
Wed May 05, 2021 8:05 am
Forum: Investing - Theory, News & General
Topic: Lawsuits and taxable accounts
Replies: 30
Views: 2364

Re: Lawsuits and taxable accounts

You can do some reading in a search such as this one: https://www.bing.com/search?q=garnishing%20investment%20account&qs=n&form=QBRE&sp=-1&pq=garnishing%20investment%20account&sc=1-29&sk=&cvid=11E24BD7ACE94834ACBD81EC4CDEC55F If this is a real concern you probably should ...
by dbr
Wed May 05, 2021 7:56 am
Forum: Personal Investments
Topic: how to hedge your portfolio against rising interest rates
Replies: 14
Views: 611

Re: how to hedge your portfolio against rising interest rates

Positioning a long term investment plan to account for short term investment changes is not generally needed or advised. If your situation really depends on what happens in the market in the short run you should not be in the market, holding either stocks or bonds. Do you have specific near term pla...
by dbr
Wed May 05, 2021 7:50 am
Forum: Personal Investments
Topic: Schwab vs. Vangard Question / Mortgage vs. Bond Question
Replies: 13
Views: 774

Re: Schwab vs. Vangard Question / Mortgage vs. Bond Question

Where you hold and trade assets and what company runs the funds you hold are two different things. Lots of people hold Vanguard funds or ETFs at brokers other than Vanguard. Lots of people hold funds or ETFs that are not Vanguard. It may be less likely that one holds non-Vanguard funds or ETFs at Va...
by dbr
Wed May 05, 2021 7:46 am
Forum: Personal Investments
Topic: IPS: Bond Allocation by Age (31M/29F) and Net Worth
Replies: 6
Views: 447

Re: IPS: Bond Allocation by Age (31M/29F) and Net Worth

Need to take risk depends on how much expected return you need to meet your objectives and ability to take risk depends on how able you are to cope with not getting the expected return. To quantify this requires financial modelling such as in the many available retirement planners. As a practical ma...
by dbr
Wed May 05, 2021 7:25 am
Forum: Personal Finance (Not Investing)
Topic: [Looking for accountant - (non-qualified) stock options in private company]
Replies: 1
Views: 123

Re: [Looking for accountant - (non-qualified) stock options in private company]

You could consider the two books on options and equity compensation at Fairmark: https://fairmark.com/books/ I know of an accounting firm in my neighborhood that has someone on staff who does this kind of work and has, but that is not different from any other medium sized retail accounting firm in a...
by dbr
Wed May 05, 2021 7:16 am
Forum: Investing - Theory, News & General
Topic: Calculating Performance Net of Fees
Replies: 2
Views: 269

Re: Calculating Performance Net of Fees

Fund NAV is net of all income and expenses to the fund, so published returns by definition are after fund fees. That does not offset loads or advisor fees though. Those you would have to calculate for yourself, but such costs are not really fund costs at all, just expenses you have paid on your pers...
by dbr
Wed May 05, 2021 7:10 am
Forum: Personal Investments
Topic: Question for Plan Vision customers (account linking)
Replies: 3
Views: 336

Re: Question for Plan Vision customers (account linking)

Probably this sort of operational issue is best solved by talking to customer service at Plan Vision. If that is not fast and simple it might be an indication Plan Vision is not a good service. This could be a good test.
by dbr
Tue May 04, 2021 10:00 pm
Forum: Investing - Theory, News & General
Topic: Keeping track of my investments?
Replies: 18
Views: 1462

Re: Keeping track of my investments?

I just run my own spreadsheet. There are ways to electronically update the data but I have no problem typing it in when I want to see it. A number of the entries can't be accessed automatically anyway. This includes brokerage accounts, bank accounts, retirement plan accounts, and some miscellaneous ...
by dbr
Tue May 04, 2021 9:55 pm
Forum: Personal Investments
Topic: VFIRX Vanguard Short-Term Treasury questions
Replies: 3
Views: 479

Re: VFIRX Vanguard Short-Term Treasury questions

I bought VFIRX ( Vanguard Short-Term Treasury) a few years ago. I'm a newbie and still new to investing in a taxable account. 1. How come VFIRX gives dividends, shortterm gains, and long term gains? Is that how all bonds behaves? This link shows dividends, short term and long term: https://investor...
by dbr
Tue May 04, 2021 8:02 pm
Forum: Personal Investments
Topic: investment choices
Replies: 18
Views: 889

Re: investment choices

You have around $1M and modest needs such that you live on Social Security. Therefore the question to answer is what you want from that money. With no other information than I just summed up above investing everything in stocks is not necessarily inappropriate, but the lesson is that taking all the ...
by dbr
Tue May 04, 2021 6:07 pm
Forum: Personal Investments
Topic: Safety of vanguard balanced funds with inflation and rising interest rates
Replies: 5
Views: 729

Re: Safety of vanguard balanced funds with inflation and rising interest rates

Have 2 IRAs - one Wellington and one Wellesley. Approaching 70 years old and retired. Not depending on either for income right now. Have 2-3 years living expenses in either savings or short term bond fund. Have someone with investing experience tell me recently that with inflation and likely rising...