Search found 1939 matches

by Munir
Fri Jul 31, 2015 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Costco for hearing aids
Replies: 9
Views: 406

Re: Costco for hearing aids

Costco has been great.
by Munir
Wed Jul 29, 2015 10:21 am
Forum: Personal Finance (Not Investing)
Topic: 2015 RMD
Replies: 15
Views: 1503

Re: 2015 RMD

Thanks for sharing, Don. When we start Roth conversions we'll only have about 10-12K in taxable income. I never thought about "over-holding on pension income". I was going to pay the taxes out of another account. However, having the taxes come out of our pension would reduce our taxable i...
by Munir
Tue Jul 28, 2015 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 RMD
Replies: 15
Views: 1503

Re: 2015 RMD

Why should you need a time interval between the RMD withdrawal and the conversion? Both can be done in the same week or month. Actually, I do my RMD on the first business day of the year by transferring a stock index fund from an IRA to a taxable account in the same equity index fund. Then I do a R...
by Munir
Tue Jul 28, 2015 9:54 am
Forum: Personal Finance (Not Investing)
Topic: 2015 RMD
Replies: 15
Views: 1503

Re: 2015 RMD

Why should you need a time interval between the RMD withdrawal and the conversion? Both can be done in the same week or month.
by Munir
Mon Jul 27, 2015 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 RMD
Replies: 15
Views: 1503

Re: 2015 RMD

I am in a somewhat similar situation and will wait till December to decide if my RMD will come from my recently purchased Total Stock Market Fund or from my balanced fund (66% bond). I usually take my RMD in December anyway. I don't have the option of waiting until December. I am doing Roth convers...
by Munir
Mon Jul 27, 2015 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 RMD
Replies: 15
Views: 1503

Re: 2015 RMD

I am in a somewhat similar situation and will wait till December to decide if my RMD will come from my recently purchased Total Stock Market Fund or from my balanced fund (66% bond). I usually take my RMD in December anyway.
by Munir
Sun Jul 26, 2015 3:53 pm
Forum: Personal Consumer Issues
Topic: Vanguard Account Hacked
Replies: 22
Views: 2670

Re: Vanguard Account Hacked

I can understand the distress caused by having your account hacked and empathize with you. But if you cannot, or will not, provide any details on what actually happened, then I respectfully question the value of your post to the Forum members .
by Munir
Sat Jul 25, 2015 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Lesson learned about RBD [Really Bad Day]
Replies: 29
Views: 2533

Re: Lesson learned about RBD

Yes, it was livesoft. Here is a recent post on the subject: https://www.bogleheads.org/forum/viewtopic.php?p=2303630#p2303630 But I don't expect folks to read it because they already have pre-conceived notions of what the RBD strategy is. livesoft from above link: " After many years of practic...
by Munir
Sat Jul 25, 2015 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Lesson learned about RBD [Really Bad Day]
Replies: 29
Views: 2533

Re: Lesson learned about RBD

Lynette wrote:Does anyone know who invented the acronym RBD?


Wasn't it livesoft?
by Munir
Thu Jul 23, 2015 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Today's Vanguard Webinar On Bonds
Replies: 10
Views: 1530

Re: Today's Vanguard Webinar On Bonds

Did you submit your questions at the same time you registered? If so, I think there's a better chance that some of those got asked as opposed to those sent in during the broadcast. Good point. I submitted my questions during the broadcast.They did specify that 2-3 questions they answered were "...
by Munir
Thu Jul 23, 2015 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Today's Vanguard Webinar On Bonds
Replies: 10
Views: 1530

Re: Today's Vanguard Webinar On Bonds

I viewed the Webinar and as usual it was well done. I was disappointed that not a single question was included about retirees and the problems they face or how their bond holdings might differ from investors in the accumulation phase I submitted a couple of Qs along those lines but neither was addr...
by Munir
Thu Jul 23, 2015 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Today's Vanguard Webinar On Bonds
Replies: 10
Views: 1530

Today's Vanguard Webinar On Bonds

I just finished watching (and trying to participate in ) Vanguard's Webinar on the current status of bonds and bond funds. I was disappointed that not a single question was included about retirees and the problems they face or how their bond holdings might differ from investors in the accumulation p...
by Munir
Mon Jul 20, 2015 1:21 pm
Forum: Investing - Theory, News & General
Topic: VBILX vs VBTLX for 3 fund portfolio
Replies: 14
Views: 1214

Re: VBILX vs VBTLX for 3 fund portfolio

According to M*, VBILX has a higher return but has slightly more risk and longer duration. Is the risk and duration difference worth the higher return is in the eyes of the beholder. PS: If you belong to the school that wants only safety and a ballast from the bond funds, then VBTLX might be best. I...
by Munir
Mon Jul 20, 2015 11:36 am
Forum: Investing - Theory, News & General
Topic: VBILX vs VBTLX for 3 fund portfolio
Replies: 14
Views: 1214

Re: VBILX vs VBTLX for 3 fund portfolio

Which is more sensitive to rising interest rates: quality corporate bonds or US treasuries & government -backed issues? Would such a difference be more or less significant than a difference in duration in the current environment of rising rates?
by Munir
Fri Jul 17, 2015 6:55 am
Forum: Investing - Help with Personal Investments
Topic: VBTLX vs VBILX
Replies: 10
Views: 1902

Re: VBTLX vs VBILX

Hi I am holding the Intermediate Bond Index with some 5-10 year outlook money, basically I just have the total market index and Intermediate Bond Index at 80/20 allocation Should i buy the total bond index ? or should I just stay with the Intermediate Bond Index, with interest rates going up at som...
by Munir
Tue Jul 14, 2015 11:40 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 79
Views: 8049

Re: Jack Bogle in this Month's Money Magazine

Isn't it dangerous to "fall in love" with a mutual fund? :happy
by Munir
Tue Jul 14, 2015 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bond duration question
Replies: 19
Views: 827

Re: Bond duration question

Apologize if this was asked before Lets say I have $100,000 in bond fund with 2 percent yield and 5 year duration Interest rates go from 2 percent to 5 percent, so my principal goes down $15,000 ( 3 percent times 5 yeR duration) My $15,000 loss is offset by increase of interest 3 percent of $85,000...
by Munir
Thu Jul 09, 2015 11:19 am
Forum: Investing - Theory, News & General
Topic: Total Bond and Intermediate Term Investment Grade
Replies: 18
Views: 1918

Re: Total Bond and Intermediate Term Investment Grade

The vanguard intermediate term investment grade is an actively managed fund that is mostly corporate issues. There is also the intermediate index which tracks the 5-10 gov/credit which is maybe what you are talking about, I am not sure which one jack bogle owns. I own both the intermediate index an...
by Munir
Wed Jul 08, 2015 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Distribution question. Can this forum provide better customer service than Vangard!?
Replies: 25
Views: 1795

Re: Distribution question. Can this forum provide better customer service than Vangard!?

My interpretation of what the OP said is that he received a distribution(s) of $285 which reduced his $40,000 purchase to a $39,715 value. For some reason, this has puzzled him since his expectations were different.
by Munir
Fri Jul 03, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

DSInvestor,

Does the reverse situation to what you described in your last post also apply? i.e. a drop in the NAV of the bond funds which worries me more than a drop in equities.
by Munir
Fri Jul 03, 2015 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

I assume that the Target Retirement 2010 fund VTENX matches your desired asset allocation. If so, you can be assured that every purchase or redemption will be handled in a manner that maintains the fund's (and your) asset allocation. That's one of the benefits of holding these types of funds. Thank...
by Munir
Thu Jul 02, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate Term Bond Funds Index vs. Investment-Grade
Replies: 13
Views: 1662

Re: Intermediate Term Bond Funds Index vs. Investment-Grade

In evaluating and comparing bond funds, one needs to look at the yield, duration, credit risk, consistence of performance, and how the fund behaved in previous environments such as a rising interest rate environment. Different people will have different expectations from their bond funds depending o...
by Munir
Wed Jul 01, 2015 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Pick One of Three! Vanguard Balanced Funds
Replies: 23
Views: 3656

Re: Pick One of Three! Vanguard Balanced Funds

How about knowing how each has behaved in the past in a rising interest rate environment and what its duration and credit risks are before deciding on '"liking" or "disliking" a fund?
by Munir
Mon Jun 29, 2015 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate Term Bond Funds Index vs. Investment-Grade
Replies: 13
Views: 1662

Re: Intermediate Term Bond Funds Index vs. Investment-Grade

The Bond Index fund has a longer duration (6.5 years) than the Investment Grade fund (5.5 years), and therefore, more risk if /when rates rise.
by Munir
Sun Jun 28, 2015 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

[quote="ResearchMed" By the way, this "exchange" - simply selling a fund in the IRA and buying the same fund in the taxable account - does not in itself help with the RMD. One must add a third step - then or later - of actually withdrawing the necessary RMD (or more) from the IRA...
by Munir
Sun Jun 28, 2015 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

Thank you for all the thoughtful responses which generally are in agreement with each other. My conclusions are: 1. I have to take a RMD and I have to pay taxes on that distribution/withdrawal. 2. I can take the RMD in cash by selling shares from my WTENX or I can transfer (or sell & buy) shares...
by Munir
Sat Jun 27, 2015 6:09 pm
Forum: Investing - Theory, News & General
Topic: RMDs as "Transfer In Kind"
Replies: 7
Views: 879

Re: RMDs as "Transfer In Kind"

If the fund being "transferred" from the IRA is a high dividend fund (i.e. a bond or a balanced fund), does one really want it in a taxable account? Maybe this transfer process applies more to equity funds only. BTW, I checked with Vanguard and they do allow such a transfer even if one doe...
by Munir
Sat Jun 27, 2015 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

An in kind distribution to satisfy an RMD prevents having to sell the shares and/or repurchasing them in taxable, however it does eliminate the strategy of using withholding from the IRA distribution in lieu of paying quarterly estimates. Correct. What you describe is what I had been doing every De...
by Munir
Sat Jun 27, 2015 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

Lafder wrote:Does that mean you pay the income tax due when the transfer is made on the entire amount you transfer, since it is a distribution, and the value at that time is the new cost basis in the taxable account? Does this solve the problem you were trying to solve ?

lafder


Yes & yes.
by Munir
Sat Jun 27, 2015 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

RM, Just called Vanguard and they said it's no problem to transfer the shares from my IRA to my personal account with Vanguard. This will satisfy the RMD, and I can pay the taxes on the value of the shares transferred with the emergency fund assets thus not having to liquidate any VTENX shares at th...
by Munir
Sat Jun 27, 2015 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

Research Med (RM):

Great suggestion. I will check with Vanguard and see if I can transfer VTENX shares from my IRA to my personal account without selling them. I will report back. Thanks.
by Munir
Sat Jun 27, 2015 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

I appreciate all the responses, and will deliberate over them. My problem is that the RMD is used as my spending money i.e for living expenses. I have an emergency fund in after-tax funds that I hate to tap into. I need to re-think the arrangement so that I can avoid using the RMD from VTENX for sp...
by Munir
Sat Jun 27, 2015 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Re: Risks of RMD Withdrawal From A Single Fund IRA

I appreciate all the responses, and will deliberate over them. My problem is that the RMD is used as my spending money i.e for living expenses. I have an emergency fund in after-tax funds that I hate to tap into. I need to re-think the arrangement so that I can avoid using the RMD from VTENX for spe...
by Munir
Sat Jun 27, 2015 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6303

Risks of RMD Withdrawal From A Single Fund IRA

I am in a RMD withdrawal stage from my single fund IRA (2010 Target Retirement Fund VTENX). I find myself having to sell shares of this fund to satisfy the RMD (required minimum distribution) requirements when its share value is down for a period equal to the fund's duration (5.2 years) because of t...
by Munir
Fri Jun 26, 2015 12:02 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 278
Views: 27858

Re: What ratio are you stocks/bonds and how old are you?

77 years old

30% equities

Fixed income in bond funds, SPIAs, and cash.
by Munir
Thu Jun 25, 2015 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: VASGX vs VSCGX vs cash AND bond risk
Replies: 5
Views: 583

Re: VASGX vs VSCGX vs cash AND bond risk

lextoy, your post shows that you are using emotions as your investment guide and they are conflicting as well, and that is not a good thing to do. So, what you need to do now is get grounded, come up with a reasonable plan, and write and investment policy statement (a contract). http://www.boglehea...
by Munir
Sat Jun 13, 2015 9:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard: "The long and short of finding bond balance."
Replies: 9
Views: 2312

Re: Vanguard: "The long and short of finding bond balance."

A balanced approach which includes short-, intermediate- and long-term bonds is a prudent strategy so investors can be prepared for a variety of economic circumstances. And despite their lower relative returns, bonds still play an important role in a diversified portfolio—particularly when it comes...
by Munir
Tue Jun 09, 2015 9:17 am
Forum: Investing - Help with Personal Investments
Topic: VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)
Replies: 5
Views: 828

Re: VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)

Being a novice, I did not understand your second paragraph about duration. Are you saying that the difference in duration between the two funds (5.1 vs. 7.4) would not be significant over 10 years for performance? I know that a bond fund will recapture its initial NAV over a number of years (?durat...
by Munir
Mon Jun 08, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: What If Creeping Dementia Impairs Your Financial Judgment?
Replies: 25
Views: 3542

Re: What If Creeping Dementia Impairs Your Financial Judgment?

In addition to what is described above, one can simplify the portfolio to one balanced fund in the pre-tax portion and one appropriate fund for the taxable segment. It also means that one will not tinker with the two funds after making that commitment (which is hard to do for a BH :happy )
by Munir
Mon Jun 08, 2015 9:27 am
Forum: Investing - Help with Personal Investments
Topic: VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)
Replies: 5
Views: 828

Re: VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)

Since the RMD obligates periodic selling shares of the fund and one cannot hold it for the duration, is this enough of a reason to favor the shorter duration fund when otherwise the holdings of the two funds are fairly similar? The RMD doesn't require you to change your allocation. If you have an R...
by Munir
Sun Jun 07, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)
Replies: 5
Views: 828

VTENX (Target Retirement 2010) vs. VSCGX (Life Strategy Cons. Growth)

According to M*, VTENX (Target Retirement 2010) has a duration of 5.1 years while VSCGX (Life Strategy Conservative Growth) has 7.4 years. Is this a concern when one or the other of those funds will be the sole holding in an IRA subject to RMDs for a retiree in the distribution phase? Since the RMD ...
by Munir
Sat Jun 06, 2015 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy funds
Replies: 7
Views: 1130

Re: Lifestrategy funds

Deleted- not relevant to this thread.

Munir
by Munir
Sat May 30, 2015 1:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 76328

Re: Calling all Docs! Physician Chapter/Interest Group

I'm a 30 yo neurologist in California. It just finished fellowship recently. It's funny...when I was making a fraction of my current salary as a resident, I never worried about money or even knew when my paycheck was getting deposited. I would make my student loan payments, and I would roughly brea...
by Munir
Sat May 30, 2015 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Citi double cash card vs. Amex Blue Everyday
Replies: 34
Views: 5096

Re: Citi double cash card vs. Amex Blue Everyday

When I spoke with them yesterday, it's $6000 in the groceries category. Both the preferred and every day have this cap on groceries. http://www.nerdwallet.com/card-details/card-name/American-Express-Blue-Cash-Preferred I just had a chat online with an AMEX rep and he said the cap is on total purcha...
by Munir
Sat May 30, 2015 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Citi double cash card vs. Amex Blue Everyday
Replies: 34
Views: 5096

Re: Citi double cash card vs. Amex Blue Everyday

My lineup: Amex Blue Cash Preferred (6% grocery, 3% gas, $75 fee) Citi Double Cash (2% everything) Chase Freedome (5% rotating) I don't think Amex has a rewards cap for the high categories. Am I mistaken? I know the Chase card caps at $75 bonus rewards per quarter. From AMEX web site for the Blue C...
by Munir
Fri May 29, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Citi double cash card vs. Amex Blue Everyday
Replies: 34
Views: 5096

Re: Citi double cash card vs. Amex Blue Everyday

Wife and I are looking to replace the Costco Amex. Noticed this Citi Double Cash Card at Nerdwallet.com. I think Costco is only going to be taking Visas when the Amex contract ends. Does anyone know is the Citi Double Cash Card a Visa or M/C? Also, want to get people's opinions on the Citi Doubl Ca...
by Munir
Thu May 28, 2015 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Do I really need International equities in my portfolio ?
Replies: 87
Views: 6914

Re: Do I really need International equities in my portfolio ?

gkaplan wrote:It's interesting to me the fervor with which people believe an international allocation is not necessary.


Xenophobia? :happy
by Munir
Mon May 25, 2015 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads plan to utilize Independent Living facilities?
Replies: 61
Views: 4328

Re: Do Bogleheads plan to utilize Independent Living facilities?

$3K/month for a CCRC unit is pretty low. We pay close to $5k/m in Independent Living with an 80% refundable huge entry fee. Maybe it's location, location, location- I dunno.
by Munir
Mon May 25, 2015 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Do I really need International equities in my portfolio ?
Replies: 87
Views: 6914

Re: Do I really need International equities in my portfolio ?

Oblivious Investor has posted a nice little article today on why he adds international stocks to his portfolio - "Does Including International Stocks Really Make You More Diversified" www.obliviousinvestor.com Mike Piper (Oblivious Investor), Vanguard, & Rick Ferri, among others, all ...
by Munir
Thu May 21, 2015 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Should I move IRA funds to VSCGX?
Replies: 15
Views: 1710

Re: Should I move IRA funds to VSCGX?

I'm a 77 year old retiree. A few months ago I moved all my IRA funds (the bulk of of my investments) to the Life Strategy Conservative Growth fund (VSCGX) for simplicity, and because my spouse and heirs have no interest in finance or investments. A one-fund portfolio will be much easier to manage af...

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