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sschullo

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  1. Some posters on teachandretirerich and Friends of Vanguard FB groups shared their 12 month return instead of YTD. Not sure why. My 12 month returned 10.4%. The equity allocation creeped up to 40%/60% is one reason my return was double digit. I sold my home last July and I inserted the cash in VG MM, and its going to sit there until I decide to DCA into my current AA. Now my stock bond split is back to about 31%/69%.
  2. Next quarter at the end of the year, we will have this same conversation. LOLs!
  3. Thanks for the fix. I been told that many times but my math phobia seeps in. 6.4/100 is my cost. For calculating the dollar amount would be .00064? or .0064? as I indicated in the footnotes, not sure how the Treasury collects fees or even if they have any. Tiaa fees are the spread as I understand it.
  4. Thanks Scott, I did not of the reposting. Ill see if Martin might be interested if I can connect with him on my twitter feed. Steve
  5. Hi all, That time of the year to post your AA and portfolio return. Despite the selloff in the last couple of weeks, I still have a 4.3% gain for the year. That may not be a huge return to brag at parties, but as a retiree, with mostly bonds and cash, I am a happy camper, and I will brag if we can attend parties soon safely. Doesn't my portfolio look beautiful? It is a story of my 25 years of investing experience. It does what it is designed to do, keep costs extremely low costs, 6.5 basis points, and get reasonable returns from my balance between bonds, cash, and stocks. Happy returns, Steve
  6. Finally getting around to reading (listen on audio) Roger Lowenstein's massive tome about Buffett. I am about half way through. Buffett has the right balance on not just money but life. He focuses on capital but also one character, never expecting more from others than he would of himself. He focuses on the company balances sheets but also has a keen sense of management and their character. He focuses on investments but has superb management skills that would put most major CEOs to shame. When he takes his work seriously, he is not serious. His homespun philosophy, small town country values and sense of humor, is why people respond to well to him because they believe him. He is genuinely authentic and organic, makes decision relying on the data directly from the companies, not statistics or math from academia or anybody else. Finally, he is transparent in everything he does, thinks long term, treats the companies that he manages or owns like a marriage, for the long term. Obviously, with all of this in mind he thoroughly rejets just about everything that happens on Wall Street--especially the trading mania and short term outlook. https://www.amazon.com/Buffett-American-Capitalist-Roger-Lowenstein/dp/0812979273/ref=sr_1_1?crid=2BCL1OU23LZIJ&dchild=1&keywords=roger+lowenstein+buffett&qid=1621350262&sprefix=roger+low%2Caps%2C210&sr=8-1
  7. After successive DOW and S&P record highs this year, my portfolio is up 3.3% after close of markets Friday May 7, 2021. 38/64 stock to bonds. Time to rebalance, again, to my original 30/70 AA plan. I keep taking money out of stocks and it keeps growing back!
  8. Never had the time nor the interest. Bogle is plenty enough for this ordinary investor. I love and respect what he is doing with his money in the Gates foundation.
  9. Hi Tony, I have been reading the huge gains in the last year. Its cherry picking the would of, could of, should of gotten in the market at the EXACT bottom of a major crash a year ago to record highs now. Useless information. I am quite happy with my 9.34% 2020 return and with the .87% return Q1.
  10. Hi, Way late for this Q1 report which concludes March 31st. Less than 1.0% return for the first quarter, 2021. Enjoy, Steve
  11. Hey Matt, Good to see you here. This site is the oldest forum for enlightening teachers on the hazards of the 403b. These days, most people are joining the FB page and tuning in on Scott and Dan's Zoom meetings. I enjoyed your information about Aspire as you were a guest one of their Zoom meetings a few months ago. Aren't those Zoom meetings terrific? Sometimes over a hundred teachers from all over the country listen in and ask questions. This week, I will be on a panel with three other people. We are all retired. Two are teachers, one a brilliant school district custodian who just retired at 55, and one a 36 year old author. She is part of the FIRE movement. I just adore both the FI and FIRE movements. Heck I didn't start saving for retirement until I was 37! These young people are the future and they are making us older folks rethink this thing called "RETIREMENT." Again good to see you.
  12. Are any of these companies good choices? NO! None. As you already know, "they all suck."
  13. sschullo

    Lisa

    I have used TIAA for years and currently have money in their traditional annuity paying 3.0%. I am a retiree also. I can take it out at any time with no surrender fees. Like the others I have never heard of TIAA keeping your money to pay for health premiums! The most common complaint about TIAA is people sign up for the higher interest product and don't know that TIAA has either a 7 year or a 10 year surrender period on those higher paying products. As krow36 said, there have a product that pays more interest than I get but it is frozen. But the health premium connection makes no sense. We're here to help answer your employer plan and IRA questions. CHAT WITH US We're currently unavailable. Please try us again soon. CHAT WITH US REQUEST A CALL We're currently unavailable. Please try us again soon. REQUEST A CALL CALL US 800-842-2252 WEEKDAYS 8 AM - 10 PM (ET) Our busiest time is 12 - 2 p.m. on Mondays. For personalized advice: Schedule a session now
  14. Hi Magatuck, Also known as a Single Premium Immediate Annuity (SPIA). This is the only time when an annuity is appropriate. You are helping you mom purchase a pension, a private pension to get a guaranteed payout for the rest of her life. These products may have riders such a inflation protection and pay out to a descendant upon her death. But with each rider, it costs in the monthly benefit. May sure you and your mom understand what you are getting into. The sales people are very good at taking care of their interests, and not your moms. We are teachers here on this forum and we have been sold terrible annuity products during our working years, which is a big problem with public K12 teachers. Whyme suggested bogleheads and there are tons of discussion threads already available. Here is the Boglehead wiki: https://www.bogleheads.org/wiki/Immediate_fixed_annuity Do not purchase a variable annuity! or any other annuities. ONLY A SPIA from a low cost company such as TIAA. Others may have suggestions for other low cost companies. good luck, Steve
  15. This will be interesting! Talking to a salesperson about fees is like talking to a salesperson about fees! This is another one of those creative topics for T-shirt slogans. Any ideas? Sorry Warsad, for going off your topic. We will wait for your update.
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