Search found 818 matches

Return to advanced search

Auto and HO ins "Agency Fee" ????

After going through all the gyrations to get a competitive quote from an independent insurance agent, I got an "Oh by the way there's the agency fee also". Is this standard? Do they ever waive it? I'm feeling a bit of a betrayal, but if "everybody" does it, perhaps I'm being too ...
by 1210sda
Thu Jan 29, 2015 7:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Auto and HO ins "Agency Fee" ????
Replies: 2
Views: 303

Re: What about this withdrawl strategy?

I'm wondering if you have read about some other methods. Here is one: https://www.kitces.com/blog/managing-sequence-of-return-risk-with-bucket-strategies-vs-a-total-return-rebalancing-approach/ which is related to: https://www.kitces.com/blog/are-retirement-bucket-strategies-an-asset-allocation-mir...
by 1210sda
Sat Jan 24, 2015 1:35 pm
 
Forum: Investing - Theory, News & General
Topic: What about this withdrawl strategy?
Replies: 23
Views: 2066

Re: Likelihood of Admiral shares for the Target Retirement F

While it is suboptimal it is hardly a "bad mistake" compared to truly bad mistakes many people make with their finances (e.g. high advisor fees, high expense ratio funds, etc.). If the worst "mistake" you make in your investing career is using target retirement/lifecycle funds i...
by 1210sda
Thu Jan 22, 2015 2:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Likelihood of Admiral shares for the Target Retirement Funds
Replies: 20
Views: 2213

Re: Likelihood of Admiral shares for the Target Retirement F

While it is suboptimal it is hardly a "bad mistake" compared to truly bad mistakes many people make with their finances (e.g. high advisor fees, high expense ratio funds, etc.). If the worst "mistake" you make in your investing career is using target retirement/lifecycle funds i...
by 1210sda
Thu Jan 22, 2015 1:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Likelihood of Admiral shares for the Target Retirement Funds
Replies: 20
Views: 2213

Re: "When you've won the game, stop playing"

The 42-point-ahead person is a special case, which I define as someone who will survive all but a generalized societal meltdown: someone with a burn rate of *much* less than 2%--ie, who can live on stock dividends, even if those decline by 50% (which is what happend for a while during the Great Dep...
by 1210sda
Wed Jan 21, 2015 11:57 am
 
Forum: Investing - Theory, News & General
Topic: "When you've won the game, stop playing"
Replies: 83
Views: 8361

Re: "When you've won the game, stop playing"

This piece was not aimed at the early retiree, who has to worry about inflation a whole lot more, nor the person who can survive on a 1.5% burn rate ("42 points ahead with 2 minutes left.") Dr. Bill, What is the approach for this individual? Does the AA matter that much for this retiree? ...
by 1210sda
Wed Jan 21, 2015 8:42 am
 
Forum: Investing - Theory, News & General
Topic: "When you've won the game, stop playing"
Replies: 83
Views: 8361

Re: Be careful: Turbo Tax and Foreign Tax Credit

If you own Vanguard Total International Stock Index Fund (VTIAX or VGTSX) and are going to use Turbo Tax for your taxes, be very careful. There are a lot of questions from TurboTax (in the step by step mode) and I went through them fairly quickly. I only received partial tax credit. I decided to an...
by 1210sda
Mon Jan 19, 2015 5:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Be careful: Turbo Tax and Foreign Tax Credit
Replies: 13
Views: 1557

Re: Be careful: Turbo Tax and Foreign Tax Credit

You should be able to verify the calculations by following line by line on Form 1116. This is an example of why I really think that interview mode in tax software is bad. A good interview should get to the same (correct) answer every time given a set of facts. IMO interview mode is a crutch and a p...
by 1210sda
Mon Jan 19, 2015 11:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Be careful: Turbo Tax and Foreign Tax Credit
Replies: 13
Views: 1557

Be careful: Turbo Tax and Foreign Tax Credit

If you own Vanguard Total International Stock Index Fund (VTIAX or VGTSX) and are going to use Turbo Tax for your taxes, be very careful. There are a lot of questions from TurboTax (in the step by step mode) and I went through them fairly quickly. I only received partial tax credit. I decided to ans...
by 1210sda
Mon Jan 19, 2015 11:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Be careful: Turbo Tax and Foreign Tax Credit
Replies: 13
Views: 1557

Re: Does 3-funds offer higher returns or lower risk?

What's your basis for saying it's not on the "efficient frontier"? Plugging in a 3-fund portfolio into the tool at PersonalCapital.com and seeing if it is on the efficient frontier. It is not. Can you tell me where on the Personal Capital website you found the efficient frontier ? I can't...
by 1210sda
Sun Jan 18, 2015 10:47 pm
 
Forum: Investing - Theory, News & General
Topic: Does 3-funds offer higher returns or lower risk?
Replies: 30
Views: 2625

Re: Home Owners insurance pricing ???

August wrote:All of the above assumes that no co-insurance penalty is taken on the settlement, which can greatly reduce what the insurance company will pay.


Thank You. Could you please describe the "co-insurance penalty" ?
1210
by 1210sda
Sun Jan 18, 2015 8:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Home Owners insurance pricing ???
Replies: 14
Views: 1542

Re: Home Owners insurance pricing ???

If someone has a replacement value coverage on their dwelling, and then it's completely destroyed but they choose not to re-build, how much does the insurance company pay them ?

1210
by 1210sda
Fri Jan 16, 2015 9:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Home Owners insurance pricing ???
Replies: 14
Views: 1542

Re: Home Owners insurance pricing ???

The Hartford explanation is likely a grossly oversimplified statement for a problem that has a combination of causes. In recent years insurers have realized that hurricane damages can extend much farther inland that the prior models indicated. Likewise, the price for insurance that the companies th...
by 1210sda
Fri Jan 16, 2015 10:05 am
 
Forum: Personal Finance (Not Investing)
Topic: Home Owners insurance pricing ???
Replies: 14
Views: 1542

Home Owners insurance pricing ???

Hopefully there are a number of BH with a property and casualty insurance background. Recently I received my HO policy premium notice. It was 35% greater than last year. I called the insurer (The Hartford) to ask what the reason was, and was told that the premium reflected their company's experience...
by 1210sda
Thu Jan 15, 2015 7:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Home Owners insurance pricing ???
Replies: 14
Views: 1542

Re: We miss Larry Swedroe

Mel Lindauer wrote:Larry just completed his latest book and Rick is tied up with his business. They're both fine and will show up again when they get some spare time.


Mel do you know the title of Larry's latest book?

1210
by 1210sda
Mon Jan 12, 2015 11:01 am
 
Forum: Investing - Theory, News & General
Topic: We miss Larry Swedroe
Replies: 28
Views: 7438

Re: Yet another study on why not to buy long term care insur

Browser wrote: if you have adequate financial resources, what's wrong with "self-insuring" by setting aside the same amount that represents the max payout of an LTCi policy?


This is the approach that we are taking....

1210
by 1210sda
Mon Jan 05, 2015 8:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Yet another study on why not to buy long term care insurance
Replies: 61
Views: 4483

Re: Edward Jones rep trying to pull me away from lazy 3 fund

If you can read both of these exposes on Edward Jones and still hand over your money to them, then you're hopeless. If you feel the need to give away your money, stick with Vanguard and give 2% of it each year to a deserved charity -- a far better use of the money you earned. 2% a year is what you'...
by 1210sda
Wed Dec 24, 2014 11:56 am
 
Forum: Investing - Help with Personal Investments
Topic: delete [Edward Jones rep trying to pull me away from lazy 3]
Replies: 37
Views: 4094

Re: Vanguard is simplifying it's account structure ??

Thank you Sidney and runner
1210
by 1210sda
Fri Dec 19, 2014 9:28 am
 
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 300
Views: 30327

Vanguard is simplifying it's account structure ??

[duplicate thread, merged to main topic - admin alex] A relative of mine received an email from Vanguard requesting that he "upgrade" to a VBS account? Has anyone else gotten this request? Is it primarily a marketing move? Aren't most folks perfectly happy with their current account? 1210
by 1210sda
Fri Dec 19, 2014 8:40 am
 
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 300
Views: 30327

Re: Vanguard Wish List

I wish that Vanguard would put out LifeStrategy Funds with a tax exempt fixed income element in addition to Total Bond Market. 1210 Hi: Regulations require that a mutual fund must hold at least 50% of a portfolio in tax-exempt bonds in order for the fund to pass through the tax-exemption of dividen...
by 1210sda
Thu Dec 11, 2014 8:13 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard Wish List
Replies: 44
Views: 3106

Re: Vanguard Wish List

I wish that Vanguard would put out LifeStrategy Funds with a tax exempt fixed income element in addition to Total Bond Market.

1210
by 1210sda
Wed Dec 10, 2014 8:04 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Wish List
Replies: 44
Views: 3106

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

On that same page with the red "COMING SOON" message is a red TURBOTAX logo. I clicked right on that logo and it took me to the page to purchase/download it. Well I tried this, and ALL I can see is the online version, not the download version, and I see no where to get the download. If I ...
by 1210sda
Wed Dec 10, 2014 7:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 203
Views: 28107

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

Leesbro63 wrote:Turbotax appears to be ready via Vanguard. I just downloaded Premier for $9.99,


I just checked and I still get "TurboTax for tax year 2014 will be available soon".

Did you call your Flagship rep, or what?

1210
by 1210sda
Wed Dec 10, 2014 2:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 203
Views: 28107

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

So can I now download Turbotax 2014 at the Vanguard customer price? Or is that still "coming soon"? FYI: "Coming soon: TurboTax for tax year 2014 will be available soon. Please return to this page at that time to take advantage of great discounts. The pricing information below is not...
by 1210sda
Tue Dec 09, 2014 3:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 203
Views: 28107

Re: Transferring files onto a new computer

Sorry if this sounds dumb....

I suppose program files need to be re installed...is this correct?

1210
by 1210sda
Mon Dec 08, 2014 10:25 am
 
Forum: Personal Consumer Issues
Topic: Transferring files onto a new computer
Replies: 32
Views: 2647

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

Springman, Are you sure about this? That doesn't seem to align with the macaroon's post above that includes the quote from Intuit themselves. It says if you do Sched D you have to use the forms mode and the interview mode is only place you can e-file from. Have you tried it, or did you get differen...
by 1210sda
Sat Dec 06, 2014 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 203
Views: 28107

Re: Why is Dave Ramsey wrong?

Wow lawlord, that is some post......Thank you.

1210
by 1210sda
Fri Dec 05, 2014 11:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Why is Dave Ramsey wrong?
Replies: 73
Views: 10117

Re: Merriman's Perspective on VG TSM

Interesting that he did not take a total portfolio view.....adding international stocks and bonds. He talks about the increased returns but not the increased risk.

1210
by 1210sda
Thu Dec 04, 2014 8:42 am
 
Forum: Investing - Theory, News & General
Topic: 10 Reasons why Merriman dislikes Total Stock Mkt
Replies: 155
Views: 29538

Re: Why is Dave Ramsey wrong?

The longer you are a Boglehead, the less likely you will need his guidance.
1210
by 1210sda
Tue Dec 02, 2014 7:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why is Dave Ramsey wrong?
Replies: 73
Views: 10117

Re: How do you "un-fund" a revocable trust?

Afan , Dale _G and bsteiner: As I stated in the OP, I haven't made the move yet, I'm just considering doing so. My question was simply that If I decide to un fund my current revocable living trust, would there be any tax consequences ? As usual BH's, with their wonderful collective wisdom, are provi...
by 1210sda
Sun Nov 23, 2014 8:55 am
 
Forum: Personal Finance (Not Investing)
Topic: How do you "un-fund" a revocable trust?
Replies: 10
Views: 1307

Re: How do you "un-fund" a revocable trust?

It's not clear what you mean by "revocable bypass trust". Do you mean "Revocable Living Trust"? Generally, my non-legal understanding is that once a bypass trust gets funded, it's done as part of settling an estate and is not revocable. Sorry for not being clear. It is a revocab...
by 1210sda
Sat Nov 22, 2014 7:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: How do you "un-fund" a revocable trust?
Replies: 10
Views: 1307

How do you "un-fund" a revocable trust?

Due to the new portability available with ATRA 2012, I'm considering "un funding" my revocable, by-pass trust. Is there an income, gift or other tax consequence in doing so?

1210
by 1210sda
Sat Nov 22, 2014 4:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: How do you "un-fund" a revocable trust?
Replies: 10
Views: 1307

Re: If your networth is over $3 million, how did you do it?

1.Worked for a large corp for 27 years. Maxed out retirement plans; saved more outside of plans 2. Started my own business and worked at it for 10 years. Large contributions to SEP-IRA's 3. Sold my business at the end of the 10 yrs 4. DW worked in the early years of marriage; became a full time mom ...
by 1210sda
Thu Nov 13, 2014 2:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: If your networth is over $3 million, how did you do it?
Replies: 301
Views: 46260

Re: Index Fund Return Assumptions

When you run retirement age projections, what kind of return do you assume if you are investing in various index funds? For bonds , the current yield is a good predictor of future returns. Today, Vanguard's Total Bond Index is yielding about 2.5% nominal — less projected inflation of 2% (the curren...
by 1210sda
Thu Nov 06, 2014 4:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Index Fund Return Assumptions
Replies: 7
Views: 518

Re: So you think you're a Risk-taker?

Thanks for the link. Here is another that provided me the article without a sbuscription: http://blogs.wsj.com/moneybeat/2014/10/24/so-you-think-youre-a-risk-taker/ still asked for a log-in. funny thing is that when I went thru the same link via google, the article appeared w/o need of log-in. Than...
by 1210sda
Mon Oct 27, 2014 11:12 am
 
Forum: Investing - Theory, News & General
Topic: So you think you're a Risk-taker?
Replies: 36
Views: 5285

Re: The danger of putting all your eggs in the wrong basket

Phineas J. Whoopee wrote:We are wisely admonished not to confuse strategy with outcome.


+1 (This is one of Larry Swedroe's "mistakes even smart people make". Thanks Larry)

1210

PS: It's a harsh reality to realize that not all investors/speculators are BH's.
by 1210sda
Wed Oct 08, 2014 7:52 am
 
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 233
Views: 30605

Re: how to prevent medical expense catastrophe?

Would it have made a difference if the patient in the NY Times article was on Medicare ??

What about Medicare Advantage?

1210
by 1210sda
Tue Sep 23, 2014 1:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: how to prevent medical expense catastrophe?
Replies: 174
Views: 8590

Re: You may want to rethink the odds of ever needing LTCi

I handled my bachelor Uncle's finances for the last 9 years while he was in a nursing home sans LTC insurance.....he passed in April of this year....how does 425k in expenses over a 9 year period sound. Do my wife and I have a policy......what do you think? That's less than $50k per year. How much ...
by 1210sda
Mon Sep 22, 2014 4:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: You may want to rethink the odds of ever needing LTCi
Replies: 89
Views: 9656

Re: how to prevent medical expense catastrophe?

Thanks for bringing up this topic. I don't know whether I'm more frightened or angered.
1210
by 1210sda
Mon Sep 22, 2014 2:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: how to prevent medical expense catastrophe?
Replies: 174
Views: 8590

Re: Safe Withdrawl Rate

I won't adjust the withdraw rate for inflation every year,..... By 12-31-14 I'll be 61 and my wife will be 60. WR Your $4,385,000 at 3.5% = approx. $154,000. If you don't adjust for inflation, in 25yrs (your age 61), assuming 3% increase per year, your purchasing power will be cut in half....$77,00...
by 1210sda
Tue Sep 16, 2014 1:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Safe Withdrawl Rate
Replies: 25
Views: 2478

Re: You may want to rethink the odds of ever needing LTCi

You also need to consider the difference in long term care costs and what your normal retirement budget is since many(but not all) of your other expense will be reduced if you go into a nursing home. If you end up having to pay $70,000 a year for nursing home (or whatever it cost in your area) but ...
by 1210sda
Sun Sep 14, 2014 12:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: You may want to rethink the odds of ever needing LTCi
Replies: 89
Views: 9656

Re: Why don't the LifeStrategy funds have Admiral Status??

"still waiting for admiral series of target date fund . here is the response from vanguard . Vanguard cannot offer separate share classes for any of our fund-of-funds per SEC regulations. Investment companies who do offer additional share classes for a fund-of-fund structure are able to do so b...
by 1210sda
Thu Sep 11, 2014 6:01 pm
 
Forum: Investing - Theory, News & General
Topic: Why don't the LifeStrategy funds have Admiral Status??
Replies: 17
Views: 1419

Re: Why don't the LifeStrategy funds have Admiral Status??

It seems the Balanced Index Fund is not a fund of funds. What I'm wondering is why can't Vanguard follow the same approach with the Lifestrategy funds??
1210
by 1210sda
Thu Sep 11, 2014 12:48 pm
 
Forum: Investing - Theory, News & General
Topic: Why don't the LifeStrategy funds have Admiral Status??
Replies: 17
Views: 1419

Re: Why don't the LifeStrategy funds have Admiral Status??

My theory is that because they are funds of funds, $10,000 invested would equal far less than $10,000 invested in each of the constituent funds. So, if for example the smallest component of one of these funds had only a 10% allocation, one would have to hold $100,000 of the overall fund for that sp...
by 1210sda
Thu Sep 11, 2014 12:10 pm
 
Forum: Investing - Theory, News & General
Topic: Why don't the LifeStrategy funds have Admiral Status??
Replies: 17
Views: 1419

Why don't the LifeStrategy funds have Admiral Status??

Does anyone know why?.... Has Vanguard indicated any move towards Admiral status for Life Strategy funds.

1210
by 1210sda
Thu Sep 11, 2014 11:33 am
 
Forum: Investing - Theory, News & General
Topic: Why don't the LifeStrategy funds have Admiral Status??
Replies: 17
Views: 1419

Re: Simplicity vs. Complexity

I guess one has to decide what's most important. For my surviving spouse (whenever she becomes one), there is little interest in managing a portfolio. If I left her a complex portfolio, it would not get rebalanced, she would be confused as to which funds to sell if she needed additional money. It wo...
by 1210sda
Wed Sep 10, 2014 11:58 am
 
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Complexity
Replies: 50
Views: 3483

Re: A Low-Return Future? Are We Prepared?

Huh? What does population growth have to do with anything? I don't see the relation with expected returns... More workers and more consumers, sure, but this comes with a heap of other problems... Please explain? Here's a picture that probably explains it better than I can just using words: http://w...
by 1210sda
Mon Sep 01, 2014 2:11 pm
 
Forum: Investing - Theory, News & General
Topic: A Low-Return Future? Are We Prepared?
Replies: 189
Views: 13285

Re: If you had an extra $100,000

In most cases, it's hard to argue too much against paying off a mortgage. And deferred income annuities (aka "longevity insurance") are an idea I like overall -- though as I've mentioned elsewhere, the lack of protection against inflation makes them significantly less appealing IMO. If it...
by 1210sda
Thu Aug 28, 2014 10:51 am
 
Forum: Personal Finance (Not Investing)
Topic: If you had an extra $100,000
Replies: 68
Views: 7665

Re: What are you up YTD?

Some benchmarks can be found in the madsinger monthly report. But in the meantime: YTD performance ending 8/25/2014 6.0% LifeStrategy Conservative Growth 40/60 6.6% LifeStrategy Moderate Growth 60/40 7.1% LifeStrategy Growth 80/20 5.5% DGSIX DFA Global allocation 60/40 (A good example of a small-ca...
by 1210sda
Wed Aug 27, 2014 7:35 am
 
Forum: Investing - Help with Personal Investments
Topic: What are you up YTD?
Replies: 271
Views: 30087

Re: When did you hear of Bill Miller and Legg Mason Value Tr

In any event, since the fund is nominally a large value fund, the appropriate index comparison should be the Vanguard Value Index Fund. It didn't beat that one for 15 straight years. As for "excitement," I never felt that. I agree. From Bill Sharpe's The Arithmetic of Active Management: &...
by 1210sda
Sat Aug 23, 2014 7:35 am
 
Forum: Investing - Theory, News & General
Topic: When did you hear of Bill Miller and Legg Mason Value Trust?
Replies: 32
Views: 2546
Next

Return to advanced search