Search found 122 matches

Return to advanced search

Re: Schwab Intelligent Portfolios

I'm very interested in this new program, which is now launched I see. As I was perusing the SIP website this morning, lo and behold I got a call from a Schwab rep asking me if I had any questions about the program. I have more to learn, but what I learned so far sounds like it will be a good solutio...
by Don46
Tue Mar 10, 2015 10:26 am
 
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 345
Views: 27138

Retiring, buying new home, mortgage query?

My wife and I are getting ready to retire on the SC coast probably in summer or fall 2016. We found a house we really like and are thinking we will go ahead and buy it, maybe rent it out for a year, and then make the move say 15 months from now. I will be 70 when we retire. Interest rates are so low...
by Don46
Wed Mar 04, 2015 4:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Retiring, buying new home, mortgage query?
Replies: 2
Views: 389

Re: Fire Wife's Advisor and Incur Tax Hit or Stay The Course

I pulled out of a managed account that had over 300k in capital gains more than a year ago. I sold some off, took some losses on others, and will sell others off in due time. No one really likes paying taxes, but capital gains taxes are still low and now you have a stepped up tax basis for the next ...
by Don46
Mon Jan 19, 2015 5:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fire Wife's Advisor and Incur Tax Hit or Stay The Course?
Replies: 19
Views: 1940

Re: Quicken 2015 for Windows - Any reviews?

I mean we all have a choice as to how we manage our finances and if we're that upset with what Intuit is offering wouldnt it just be easier to choose a different product? ... Some here are content with Mint, but for those of us that want more detail I just don't believe there is another product out...
by Don46
Mon Jan 19, 2015 4:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quicken 2015 for Windows - Any reviews?
Replies: 109
Views: 19850

Re: Portfolio Review help re to dropping advisor

It seems you are paying a low, flat fee that amounts to somewhere under .2 percent of the total (2k/ <1m). You are not tied into an investment manager who is taking 1 percent each year off the top, and that is good. Keep in mind that those fees, at least in the taxable account should be deductible. ...
by Don46
Thu Jan 08, 2015 3:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review help re to dropping advisor
Replies: 17
Views: 1936

Re: Financial Planning Review Query

Don, I am glad to hear you are aware of fees. This is what made me think you may be spending unnecessarily in Expense ratios or fees simply to hold your money there. "my wife and I have about 4m in investments, the bulk in Schwab taxable and IRA accounts, other employee tax deferred plans scat...
by Don46
Sun Jan 04, 2015 1:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Financial Planning Review Query
Replies: 5
Views: 1045

Re: Financial Planning Review Query

Don46, It is great that you are so close to retirement and have built up such a large nest egg. I may be biased, but I think the best "plan" and review you can get is to present all of your holdings in this format here :) http://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 The pr...
by Don46
Sat Jan 03, 2015 1:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Financial Planning Review Query
Replies: 5
Views: 1045

Re: ESPlanner renewal

The version of ESPlanner I bought in 2011 works fine. The $50 renewal fee is for updates and access to the forum, and I'm not sure either is essential to my needs. I'm just asking about the renewal, not the program itself, though I'm interested in the evaluation of users, of course. For myself, I ca...
by Don46
Sat Jan 03, 2015 1:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: ESPlanner renewal
Replies: 5
Views: 1007

Re: ESPlanner renewal

Any of you familiar with ESPlanner and the upgrade/renewal program who want to offer a view on this? I see now that for $50 one gets the ESPlanner Plus with the Monte Carlo scenarios. That was not something I felt I needed at the time I bought the original. This is only a $50 decision, I'm not sweat...
by Don46
Fri Jan 02, 2015 10:11 am
 
Forum: Personal Finance (Not Investing)
Topic: ESPlanner renewal
Replies: 5
Views: 1007

Re: Travel Insurance

After visiting my mother-in-law at Christmas, and seeing her so frail, I decided to go ahead and get some travel insurance. I did contact Steve at TripInsuranceStore.com and spoke with him, twice. He is very helpful, knowledgeable, and helped me get what i needed. An annual policy did not work for m...
by Don46
Fri Jan 02, 2015 9:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 30
Views: 3096

Financial Planning Review Query

I'm about to turn 69 and am planning to retire sometime in 2016. Together my wife and I have about 4m in investments, the bulk in Schwab taxable and IRA accounts, other employee tax deferred plans scattered in two different (for each of us) employer determined accounts. I have been working with the ...
by Don46
Fri Jan 02, 2015 8:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Financial Planning Review Query
Replies: 5
Views: 1045

Re: Travel Insurance

This is very helpful to hear from people who have lots of experience. I was asking in particular about getting an annual policy. It costs more but if one is going on several trips, including domestic, it seems like it would be good value and give one more bang for the buck. I'm going to call and ask...
by Don46
Sun Dec 21, 2014 9:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 30
Views: 3096

Re: Travel Insurance

I'm to figure how the 94 yo mother fits in here. She's not going with you on the month long trip, but if she passes away while you're over there, you will want to return home early? Is that the main concern? ...and, if so, is that a risk normally covered by travel insurance? Gill There are differen...
by Don46
Sun Dec 21, 2014 9:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 30
Views: 3096

Re: Travel Insurance

I'm to figure how the 94 yo mother fits in here. She's not going with you on the month long trip, but if she passes away while you're over there, you will want to return home early? Is that the main concern? Or falls ill or whatever one of a dozen things can go wrong with a 94 year old. Yes, that i...
by Don46
Sun Dec 21, 2014 9:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 30
Views: 3096

Travel Insurance

My wife and I are going to Europe for a month in July 2015. She has a 94 year old mother whose health is frail, and this led me to look into travel/trip insurance. It is not cheap, not when considered as a percent of the money at risk. I figure that our plane tickets, about $6400 (business class ove...
by Don46
Sun Dec 21, 2014 9:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 30
Views: 3096

Re: Question about Tax Deferred / Taxable Acct Allocations

I'm returning to this question and have still not acted on it. Let me give some more information about my situation. I'm 68, planning to retire in another two years. I'll be ready for RMD at about the same time, and will be drawing down on approximately 1.8 mil from my tax deferred accounts. I will ...
by Don46
Sun Dec 21, 2014 8:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Question about Tax Deferred / Taxable Acct Allocations
Replies: 5
Views: 827

Re: What "actively" manged funds do you own?

VDIGX Vanguard Dividend Growth Fund Investor Shares; it has a proven record of outperforming the SP 500 and has only a slightly higher expense ratio of .31 I have some in my tax deferred account.
by Don46
Sat Dec 20, 2014 6:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: What "actively" managed funds do you own?
Replies: 82
Views: 5042

Question about Tax Deferred / Taxable Acct Allocations

Is it always best to use tax deferred accounts for bonds and taxable accounts for stocks? Here is my situation. I have roughly equal amounts (over $1.5 million each) in a Schwab Taxable account and the rest in tax deferred accounts (mainly a Schwab IRA rollover plus other employer linked accounts wi...
by Don46
Mon Nov 17, 2014 10:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about Tax Deferred / Taxable Acct Allocations
Replies: 5
Views: 827

ESPlanner renewal

I've bought ESPlanner in 2011. I found the program helpful and as I approach retirement, now about 2 years out, I go back and plug in new numbers and see what it comes up with. Some of the terminology is a little confusing, and the calculations of my taxes and Medicare B seem high to me, but I like ...
by Don46
Mon Nov 10, 2014 7:21 am
 
Forum: Personal Finance (Not Investing)
Topic: ESPlanner renewal
Replies: 5
Views: 1007

Q&A WITH JACK BOGLE ...

I was interested in the questions and comments in this post and wanted to know if there is a way to view the responses online?
thanks
Don
by Don46
Fri Oct 17, 2014 3:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Q&A WITH JACK BOGLE ...
Replies: 1
Views: 421

Re: Rewards credit card advice

I wonder if any of you have calculated the value of airline miles earned and redeemed versus a cash back reward? I feel like I can rarely use my miles unless I pay more of them or change the days I fly., which affects net cost of leisure travel. If I spend about 50k a year on a two percent cash back...
by Don46
Thu Sep 04, 2014 12:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Rewards credit card advice
Replies: 66
Views: 90304

Re: last min international flights

I use Kayak.com and find it equally efficient at identifying cheap flights. You can use a matrix search that brackets +/- 3 days and shows you the lowest fares for each of nine combinations. It also provides flight alerts so you can be notified of fare drops and you don't have to start over each tim...
by Don46
Wed Apr 30, 2014 11:20 am
 
Forum: Personal Finance (Not Investing)
Topic: last min international flights
Replies: 8
Views: 1119

Advice on Tax Sale ETF

I've taken a loss in my international stock ETF, SCHF, about 8k down over the last couple of months. I've been transitioning toward a passive index portfolio and I'm good with the stay the course philosophy ... but: My wife and I are exposed to a lot of taxes in 2014 and already this year I've incur...
by Don46
Wed Jan 29, 2014 8:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Tax Sale ETF
Replies: 5
Views: 275

Re: How to drop advisor from Schwab acct?

I went through this recently after considerable thought and a lot of reading on this website. I spoke with people at the nearest Schwab office first, told them what I planned to do, then wrote an email to my adviser. He took it well and I moved on. All the accounts stayed where they were but the sta...
by Don46
Mon Jan 27, 2014 8:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to drop advisor from Schwab acct?
Replies: 11
Views: 1155

Re: Advice on Fixed Income/Bond Investments

Allow me to run this option by the group. My Schwab broker sent me flyers on two MUNI fund managed account options, one of which is the PIMCO MUNI Bond Ladder Program with an annual ER of .35 for accounts below $1mil and goes down to .20 for those with $5million. There is some language that says the...
by Don46
Thu Dec 12, 2013 8:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

Don, I'd recommend familiarizing yourself with "bondspeak" in order to compare bonds. There's a difference between the coupon rate and the yield to maturity. You'll need to also be very familiar with "yield to call" and "sinking bonds" so you don't make mistakes in com...
by Don46
Thu Dec 12, 2013 8:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

Aloha Don, I like SC and have been every year for the past 35 yrs since my parents retired there...I might end up there too. You never mentioned if your pensions and SS income streams essentially cover your expenses...meet your "floor" as some say. Is your future RMD essential to meeting ...
by Don46
Wed Dec 11, 2013 5:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

The OP is in SC. SC GO bonds are rated quite high and in order to get a YTM of 4% or more, he'd have to go pretty far out on maturity, I'm estimating 25 years approximately. I don't think it's worth exposing yourself to that kind of risk, and for what it's worth, he would be in his 90s at the matur...
by Don46
Tue Dec 10, 2013 10:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

I had a good conversation with the bond specialist at Schwab today and feel like I'm moving in the right direction. He persuaded me to park my tax advantaged money in VBISX, the Vanguard Short Term fund, for now and see how things feel in two years or so. For the taxable account, he sent me a long l...
by Don46
Mon Dec 09, 2013 11:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Question about International Stock Allocation

I'm transitioning from a managed account that had no international exposure. I am 67, moving (slowly) toward retirement in the next two or three years, and in good shape financially. I am impressed by the case for international diversification, but I'm also not yet comfortable with how to deploy ass...
by Don46
Mon Dec 09, 2013 10:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about International Stock Allocation
Replies: 2
Views: 387

Re: VBMFX Duration

Here is a chart of the rates of Inflation, Bond Index, and Fed Rates, 1976 to 2012, which is based on the data posted earlier by antiqueman. I didn't run any statistical correlation tests, but the graph lines seem to indicate bonds have a mind of their own from year to year. http://i40.tinypic.com/6...
by Don46
Mon Dec 09, 2013 9:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: VBMFX Duration
Replies: 21
Views: 2139

Re: VBMFX Duration

I was able to put Salty1's data into an excel graph, after some manipulation, but I don't know how to post a graph on this site. Any suggestions?
by Don46
Mon Dec 09, 2013 4:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: VBMFX Duration
Replies: 21
Views: 2139

Re: Advice on Fixed Income/Bond Investments

A follow up question: which funds or ETFs are people recommending for taxable and tax deferred fixed income/bond allocations? I see VBMFX Vanguard Total Bond Fund as the all time favorite of many on this board. I am advised, by a fellow at the Schwab bond desk, that I should consider VBISX, the Vang...
by Don46
Mon Dec 09, 2013 10:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

... With the size of your nest egg, I would consider accomplishing the above goal by using your taxable money to buy a ladder of high grade, AA or better municipal bonds. Since the interest income wouldn't be included in your AGI, there's no risk that it will push you into an even higher tax bracke...
by Don46
Sun Dec 08, 2013 9:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

Don, what do you expect your income tax bracket to be in retirement and what state do/will you live in? With that nest egg and RMD's, I'd guess you may still be in the 25% bracket or higher? I'm in SC and expect my RMD to run about 75k after I turn 70.5 in 2016. My SS is about 30k, 25.5k taxable. T...
by Don46
Sun Dec 08, 2013 7:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Vanguard Research

Hi Don: I can't blame you for being worried after reading all the scare stories in the media. It is what sells. Vanguard's Research Group published a lengthy report on this topic last July: This is a part of their Conclusion: We continue to encourage investors to view bonds as a diversifier for the...
by Don46
Sun Dec 08, 2013 6:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Advice on Fixed Income/Bond Investments

Does your employer sponsored plan offer a guaranteed fund? I just moved a portion of my fixed income/bond allocation to the guaranteed fund. I know that the guarantee is only as good as the company guaranteeing it, but I believe that there is a greater chance of interest rates raising than the comp...
by Don46
Sun Dec 08, 2013 4:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Advice on Fixed Income/Bond Investments

I am making the transition from a managed account that includes an IRA and a taxable account with Schwab. I have about 3.2 million all together, and another .5 million in employer sponsored retirement accounts. I'm 67, and therefore about 3-4 years out from the point where the Minimum Required Distr...
by Don46
Sun Dec 08, 2013 3:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Fixed Income/Bond Investments
Replies: 27
Views: 3095

Re: Bond myth.

I know that if interest rates rise 1 percent then the investment will decline about 5%. Antiqueman: This often repeated statement is simply untrue. There are many periods in which inflation (and interest rates) went up and bond returns also went up. Listed below are the historical U.S. inflation ra...
by Don46
Fri Dec 06, 2013 10:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: VBMFX Duration
Replies: 21
Views: 2139

Re: Questions about Charitable Trust or Gift Annunity

This has all be very helpful. I just set up the account on Schwab. I did not realize until I got into the process that I would have to decide on which stocks to transfer into the account before it could be set up. I started with about $30k of some shares that had an 88 pct LTCG. If I have this figur...
by Don46
Fri Dec 06, 2013 9:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Questions about Charitable Trust or Gift Annunity
Replies: 8
Views: 574

Re: Questions about Charitable Trust or Gift Annunity

You should understand that YOUR deductible donation is made to the Donor Advised Fund. Once you make that donation the money (or assets) belong to the DAF. You don't control the sale of donated stock. You can direct donations to your chosen charities under the terms of the DAF. That's the "don...
by Don46
Wed Dec 04, 2013 11:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Questions about Charitable Trust or Gift Annunity
Replies: 8
Views: 574

Re: Allocation using Schwab ETFs

If you like Schwab, those ETFs are fine. However, given the high dollar amounts involved, you should not make ETF selections based on whether or not you have to pay a $9 brokerage commission. VTI, VXUS, and BND are all marginally better because they hold more securities and thus better represent th...
by Don46
Wed Dec 04, 2013 9:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Allocation using Schwab ETFs
Replies: 2
Views: 245

Re: Questions about Charitable Trust or Gift Annunity

Yes, the gains would be LTCG. It sounds like a DAF is the way for me to go. A $50k DAF this year would save me about $25k in taxes and avoid up to another $4 or $5k in LTCG taxes. And it would give me a generous fund from which to dispense further contributions. What I do not understand yet is how t...
by Don46
Wed Dec 04, 2013 9:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Questions about Charitable Trust or Gift Annunity
Replies: 8
Views: 574

Allocation using Schwab ETFs

I'm making the transition from a managed account to what will be a three fund allocation of 35% US Stocks/ 50% US Bonds/ 15% International Stocks. I have been in a Schwab account for twenty years or more and am inclined to stay with them. I am considering using the following Schwab ETFs: SCHF for in...
by Don46
Wed Dec 04, 2013 8:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Allocation using Schwab ETFs
Replies: 2
Views: 245

Questions about Charitable Trust or Gift Annunity

I am facing huge capital gains this year that throw me into the highest tax bracket. I want to learn more about using charitable contributions to reduce taxes this year. I found some useful information on the Boglehead Wiki: http://www.bogleheads.org/wiki/Donor_advised_fund I see that Schwab has a c...
by Don46
Wed Dec 04, 2013 7:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Questions about Charitable Trust or Gift Annunity
Replies: 8
Views: 574

Re: Advice on PIMCO Total Return

So there. And even if you believe your investment guy to be honest (Schwab is IMHO one of the lesser evils out there), there's still the possibility that he truly holds that belief and he's wrong . After all, very smart and very well respected people, for example two of the recentmost Nobel laureat...
by Don46
Tue Nov 26, 2013 11:48 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice on PIMCO Total Return
Replies: 18
Views: 1811

Re: Advice on PIMCO Total Return

I'm familiar with PIMCO total return mutual fund, but the OP is talking about PIMCO TR Managed Account , and I assume that is not a mutual fund. In looking it up I see that it is supposed to be provided by an advisor, is that true? Does it imply additional costs? What exactly are PIMCO managed acco...
by Don46
Mon Nov 25, 2013 10:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on PIMCO Total Return
Replies: 18
Views: 1811

Advice on PIMCO Total Return

I have an IRA with about 1.25 million and am making the transition from a (badly) managed portfolio of mostly junk bonds to a more stable bond portfolio. My Schwab broker advised that I consider using PIMCO Total return Managed Account, which allows me to own a set of bonds directly. The fee slides ...
by Don46
Mon Nov 25, 2013 2:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on PIMCO Total Return
Replies: 18
Views: 1811

Re: Allocation Across Taxable and Tax Deferred Funds

This makes sense to me. At present my tax deferred account is full of losses from some very bad bets on bonds my investment manager put me into. I wish I could use them in my taxable account! There I have some big gains, which I will want to move out of slowly with an eye on my taxable income over t...
by Don46
Fri Nov 15, 2013 11:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Allocation Across Taxable and Tax Deferred Funds
Replies: 5
Views: 637

Allocation Across Taxable and Tax Deferred Funds

I have my investments more or less evenly divided in taxable and tax deferred accounts, as it happens. I am transitioning from a situation in which an investment manager had my fixed income investments in the tax deferred account and the equity investments in the taxable. I want to arrive at somethi...
by Don46
Fri Nov 15, 2013 7:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Allocation Across Taxable and Tax Deferred Funds
Replies: 5
Views: 637
Next

Return to advanced search