Search found 16319 matches

by dbr
Sat Aug 01, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: gift for children 1 1/2 years old and 3 years old
Replies: 10
Views: 603

Re: gift for children 1 1/2 years old and 3 years old

ripetide, you say you have $1,000 in the Vanguard Total Stock Market Index for each of your children in your first post. I thought there was a $3,000 minimum to open an account in the Total Stock Market Index. Is there a lower minimum for children? Wait, then 12 minutes later you say you have them ...
by dbr
Sat Aug 01, 2015 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Best use of early retirement (low income) years?
Replies: 15
Views: 1468

Re: Best use of early retirement (low income) years?

EE and I bonds could be an issue.

Actually getting the pension may get in the way. The pension start date may not be optional.

Expiring management stock options in the money can also be a source of income the timing of which was/couldn't be controlled.
by dbr
Sat Aug 01, 2015 9:52 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 135
Views: 7623

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

$1000/month on food is not through the roof. There are people who spend much less. I don't know how doable it is to spend less in any particular market in any particular family.

One question is what is the overall budget and where does this fall in the scheme of things?
by dbr
Sat Aug 01, 2015 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 7
Views: 559

Re: Portfolio Advice

I think it is very common for folks to have different AA in taxable vs retirement accounts. Our taxable is (almost) 100% stock except for a small Life Strategy Moderate Growth fund that is a gift for my kids and I will match it if it has dropped before they are getting it. However, I think it is im...
by dbr
Sat Aug 01, 2015 9:45 am
Forum: Investing - Theory, News & General
Topic: Factors or Fundamentals?
Replies: 38
Views: 1543

Re: Factors or Fundamentals?

It looks to me like large caps are actually tilted, holding 12x as many assets as small cap value. Tilted means that a portfolio has non-zero loadings on whatever factor universe you have chosen to deal in. If you are using F-F definitions then the total market is supposed to have zero factor loadi...
by dbr
Sat Aug 01, 2015 9:30 am
Forum: Investing - Theory, News & General
Topic: "Do You Know How Much You're Paying?"
Replies: 49
Views: 7919

Re: "Do You Know How Much You're Paying?"

radiowave wrote: This is a very naive question, and I'm not a tax attorney or CPA, but isn't this a capital loss that is reportable on your taxes and shouldn't the broker provide the necessary documentation? It isn't a capital loss, it's an opportunity loss--an investing inefficiency. :( But wait, ...
by dbr
Sat Aug 01, 2015 9:21 am
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 33
Views: 2386

Re: Financial Advisor v. Bogle Approach?

s! Ask them for an example statement for the last year for one of their clients they think is similar to you. Research each of the investments to find their expense ratio, front and back end loads, 12b-1 fees, etc. Ask the advisor directly: "How do you get paid?" Usually you will find the...
by dbr
Sat Aug 01, 2015 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Sell or Rent Out House? [Bay Area]
Replies: 35
Views: 1919

Re: Sell or Rent Out House? [Bay Area]

I think the deciding condition would be the likelihood that you would return to that house. Managing a rental cross country would sure not be something I would want to do. Do/would you have someone hired to do the actual management and maintenance on site? Would the tenants be someone who could take...
by dbr
Sat Aug 01, 2015 8:41 am
Forum: Investing - Theory, News & General
Topic: Anyone hold Long Term Bonds?
Replies: 45
Views: 2995

Re: Anyone hold Long Term Bonds?

^ the above. So why isn't the question does anyone hold long term TIPS? One answer is that the enthusiasts for TIPS ladders do in fact do so, current discussions available on the forum. I wonder if anyone holds long term TIPS outside a generic TIPS fund but not as an LMP approach? I would add that w...
by dbr
Sat Aug 01, 2015 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Best Way to Approach Move to Index Funds in Complex Portfolio
Replies: 13
Views: 1147

Re: Best Way to Approach Move to Index Funds in Complex Portfolio

Holding that many individual stocks, if that is what it is, is not so bad simply because there are so many. Individual stock holdings are at least cost free relative to mutual funds. As time goes on these holding will decline in importance in your portfolio but remember, being stocks, these holding ...
by dbr
Sat Aug 01, 2015 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5057

Re: Wait... What?

That's certainly true if you had a choice. When the 401K plan I belonged to was started in the early 70's. There were three investment choices; a GIC (essentially a savings account with a fixed rate); one mutual fund, and company stock. The match was in company stock as well. The match had to stay ...
by dbr
Sat Aug 01, 2015 8:12 am
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 33
Views: 2386

Re: Financial Advisor v. Bogle Approach?

I think it is not that the advisor/sales rep will select better investments than an index mutual fund that you could invest in yourself. I think it that the advisor/sales rep/roboadvisor believe they can overcome the bad behaviors of investors who many places claim continually hurt themselves by no...
by dbr
Sat Aug 01, 2015 8:05 am
Forum: Investing - Help with Personal Investments
Topic: 85 Year Old with $150K to invest
Replies: 12
Views: 1328

Re: 85 Year Old with $150K to invest

It is also conceivable that if she will never use the principal and doesn't want taxation that the money could be given away to whatever worthy recipients she might imagine being deserving of a gift, whether individuals or organizations. In fact as tax deductible contributions, she might reduce her ...
by dbr
Fri Jul 31, 2015 11:09 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 33
Views: 2386

Re: Financial Advisor v. Bogle Approach?

There are several clear things here: 1. It is as simple as Mr. Bogle states. 2. They want to and will take away 1.5% of your money every year. Actually they will take away a good deal more than that because you will not only pay the 1.5%, you will pay higher costs for the investments they sell you. ...
by dbr
Fri Jul 31, 2015 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5057

Re: Wait... What?

I am more concerned about RMDs for tax deferred accounts. You are aware of those correct? I was under the impression that a lot of people convert Roth to avoid RMDs. Some people are able to convert some of the tax deferred assets to a Roth at a not prohibitive tax cost and reduce RMDs. It would be ...
by dbr
Fri Jul 31, 2015 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: 85 Year Old with $150K to invest
Replies: 12
Views: 1328

Re: 85 Year Old with $150K to invest

Absolutely not in the annuity until it is understood what kind of annuity and exactly why. It could be in certain circumstances that would make sense, but chances are 99 out of 100 that suggestion is intended to line the pockets of the advisor. This fact also raises other issues regarding that advis...
by dbr
Fri Jul 31, 2015 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Selling employee stock options
Replies: 8
Views: 759

Re: Selling employee stock options

@inbox788 and @DBR. How does one take time value into account? Do you have to use black-scholes? The cost basis for my early grants are very low indeed, but the more recent ones could be underwater if the speculation subsides. Under such circumstances, how should I pick the lots to sell? Ignoring t...
by dbr
Fri Jul 31, 2015 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Projecting returns
Replies: 15
Views: 889

Re: Projecting returns

I don't get the idea of calculators where the investor is asked to enter returns estimates. Not only that, you also need estimates of the variability. The above mentioned Rick Ferri lists both in his thirty year forecast. An alternative is to use tools that postulate retirements across actual histor...
by dbr
Fri Jul 31, 2015 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from TIPs fund to TIPs ladder???
Replies: 49
Views: 2811

Re: Moving from TIPs fund to TIPs ladder???

But for me, the big wrench in the smooth running gears of this liability matching stuff is the behavior of equities. Suppose that equities do extremely well in a period when a bunch of your ladder is maturing. You're in equity-selling mode (to maintain a low risk profile) and you will pretty much n...
by dbr
Fri Jul 31, 2015 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Selling employee stock options
Replies: 8
Views: 759

Re: Selling employee stock options

When options (ISO/NQ) are exercised and sold at the same time there is no capital gains issue. Very few people would exercise options and keep the stock. Ordinary income tax is due on the gain from grant to strike price as soon as exercised. Is there some confusion here between expiration date and v...
by dbr
Fri Jul 31, 2015 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs. Fidelity vs. Vanguard for Advisor Custodian Account
Replies: 15
Views: 855

Re: Schwab vs. Fidelity vs. Vanguard for Advisor Custodian Account

any specific advantages to Schwab account vs. one at fidelity? Not in general, but one or the other might be better for the specific investments you intend to hold. That would mean specifically mutual funds of either company vs something else. What does your advisor say about why Schwab? It may be ...
by dbr
Fri Jul 31, 2015 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Chip and pin credit cards?
Replies: 15
Views: 1166

Re: Chip and pin credit cards?

If you want information and a discussion here is a Wiki and an 845 page thread on the subject:

http://www.flyertalk.com/forum/credit-c ... e-845.html
by dbr
Fri Jul 31, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: Factors or Fundamentals?
Replies: 38
Views: 1543

Re: Factors or Fundamentals?

I used to be a stock picker before discovering bogleheadism. I would pore over SEC 10-Q forms to try to find bargains. I believe that was called "investing through fundamental analysis". Then Burton Malkiel showed me how that whole thing is flawed, that you just cannot beat the market wit...
by dbr
Fri Jul 31, 2015 10:51 am
Forum: Investing - Theory, News & General
Topic: Another look at dividend paying stocks
Replies: 57
Views: 5318

Re: Another look at dividend paying stocks

Nothing, repeat nothing, in financial theory says dividends matter. In fact the theory is they don't. The data shows the same thing as does the simple logic. They are neither good nor bad. They just don't matter. Nothing more to add. Larry I am not a "factor" investor so I really have no ...
by dbr
Fri Jul 31, 2015 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Is there any benefit to holding Mid and Small Caps in retirement?
Replies: 5
Views: 512

Re: Is there any benefit to holding Mid and Small Caps in retirement?

Almost 100 percent of my portfolio is in two funds (Vanguard Wellington and T. Rowe Price Capital Appreciation fund). Both are moderate allocation balanced funds. I'm looking add more money and am wondering if I should just DCA into an S&P 500 index, Total US Market index, Extended Market index...
by dbr
Fri Jul 31, 2015 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Advisor Self Interest?
Replies: 15
Views: 919

Re: Advisor Self Interest?

Every fidelity fund should have the words spartan and advantage. Every response to a fidelity rep should have the words "no thanks" in it. I have two commas at fidelity. I take no advice from them and do not allow them to manage anything. They have good index funds and very good online to...
by dbr
Fri Jul 31, 2015 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5057

Re: Wait... What?

There are different situations if you buy your companies stock inside a 401k, other than that... not much to clarify. Can you elaborate on this? I own my own companies stock(ESOP) through bonuses as well as straight purchases within my 401k. It's all vested. Does this have any different tax treatme...
by dbr
Fri Jul 31, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part A
Replies: 1
Views: 205

Re: Medicare Part A

When I turned 65 I signed up for this. I work full time and have medical insurance at work like any other employee. AETNA made Medicare secondary insurer. My doctor prescribed a costly drug for me. The drug manufacturer provides a "cost reduction" card (a subsidy) to eligible persons. The...
by dbr
Fri Jul 31, 2015 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Social security
Replies: 7
Views: 635

Re: Social security

If I retire at 66, my full retirement age, and want to delay taking social security until 70, can i just wait until I'm 70 and then file; or must I convey my desire to wait (to the Social security administration)? The link below seems to imply that the government can force me to take the benefit be...
by dbr
Fri Jul 31, 2015 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Frustrated with low raise
Replies: 67
Views: 4738

Re: Frustrated with low raise

I spent the last 15 years of my career as a manager and manager of managers at a Fortune 500 company. Raises were a continuous problem as there was no way to make everybody happy. In my experience, companies will define a salary range for a particular job description. In my company, each job descri...
by dbr
Fri Jul 31, 2015 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Advisor Self Interest?
Replies: 15
Views: 919

Re: Advisor Self Interest?

Maybe you should ask on this site how they would invest the $900,000. I think you will like the advice and then you could compare what it would cost you annually to what fidelity offers. I know they will direct you to Vanguard Index Funds that will cost you the least. Cliff In that light one might ...
by dbr
Fri Jul 31, 2015 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Another Single Stock (lack of) Diversification Question
Replies: 2
Views: 259

Re: Another Single Stock (lack of) Diversification Question

bump so someone who really knows can weigh in. I would probably seek the advice of a good tax accountant to do some planning on how to mitigate the tax damage. There are some papers that may or may not be helpful at this site. A couple of the links are broken and may need some google searching: http...
by dbr
Fri Jul 31, 2015 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Advisor Self Interest?
Replies: 15
Views: 919

Re: Advisor Self Interest?

You don't post the ERs but in general the following: 1. Fidelity funds get Fidelity more assets under management and the fees for the cost or more. Index funds are good for you. I'm not so sure about the midcap fund. It is appropriate for an advisor at a fund company to recommend funds from his own ...
by dbr
Thu Jul 30, 2015 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with low raise
Replies: 67
Views: 4738

Re: Frustrated with low raise

I recently had my performance review and received "exceed expectations" on nearly all categories and "meets expectations" on a couple of categories. My boss had no suggestions for improvement. However, I am unhappy that I only received a 3% raise, despite working a substantial n...
by dbr
Thu Jul 30, 2015 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Terrible Index Funds
Replies: 11
Views: 1832

Re: Terrible Index Funds

Why is this even legal in the financial industry? For the same reason various pricing practices are legal across all industries in a capitalist society (E.g. one estimate for my roof might be $3K while another $8K - the $8K roofer has every right to charge what he wants) - buyer beware. :happy Yes,...
by dbr
Thu Jul 30, 2015 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question
Replies: 16
Views: 733

Re: Newbie question

Thank you very much. Also just wondering. Should I have my 401k and Roth IRA as separate 3funds idea, or threat both as portfolio and keep for example in 401k: Spartan 500 Index Spartan International Index Fund in Roth IRA: Vanguard Total Bond Market Fund (VBMFX) so total as 3funds portfolio. ? You...
by dbr
Thu Jul 30, 2015 9:48 am
Forum: Personal Consumer Issues
Topic: [looking] for car suggestions
Replies: 56
Views: 3020

Re: look for car suggestions

How much snow are we talking? 6 inches, pretty much any awd vehicle properly equipped with good snow tires. 24 inches? You need 4 wheels pulling and as much ground clearance as you can stand which means tall tires and a vehicle designed not to drag underneath. I also don't know what kind of snow th...
by dbr
Thu Jul 30, 2015 9:44 am
Forum: Personal Consumer Issues
Topic: [looking] for car suggestions
Replies: 56
Views: 3020

Re: look for car suggestions

We test drove a Subaru Outback, but I haven't got a clue if it was this "3.6" model. What's different about this model? The 3.6R designation is for the six cylinder more powerful engine. There are people who prefer or somehow feel more comfortable with more power. The standard four cylind...
by dbr
Thu Jul 30, 2015 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question
Replies: 16
Views: 733

Re: Newbie question

How could I start with Roth IRA ? if the limit is 5.500. I cant buy separately 3 funds because minimum is 3000 for one. One question I can answer is that this year you buy one fund and later on as you add contributions you buy other funds. You can also move money from one fund to the other in the f...
by dbr
Thu Jul 30, 2015 8:07 am
Forum: Personal Consumer Issues
Topic: [looking] for car suggestions
Replies: 56
Views: 3020

Re: look for car suggestions

On the low end, look at the Subaru Outback 3.6 - I was really impressed with the fit and finish, and safety tech available. Loaded for about 37K On the high end, look at the Merc E63 AMG wagon. A beast. You are looking at the low 100's there. You don't need the 3.6 version of the Outback which is a...
by dbr
Thu Jul 30, 2015 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: Social Security and Expenses
Replies: 61
Views: 3428

Re: Retirees: Social Security and Expenses

Interesting question but too personal. Sorry.
by dbr
Thu Jul 30, 2015 7:43 am
Forum: Investing - Theory, News & General
Topic: Is comparisons between money-weighted vs time-weighted returns fair?
Replies: 16
Views: 900

Re: Is comparisons between money-weighted vs time-weighted returns fair?

[ There is a fair way to account for this but I don't believe it is readily available anywhere. The investor would have to know what the fund would have returned had the money been invested in the exact same way as the actual 401k investments. When comparing the same fund this would of course retur...
by dbr
Thu Jul 30, 2015 7:37 am
Forum: Investing - Theory, News & General
Topic: How has the 4% rule held up since the tech bubble and the 2008 crisis
Replies: 29
Views: 3990

Re: How has the 4% rule held up since the tech bubble and the 2008 crisis

A good article reminding of some things that were/have been well known all along.
by dbr
Thu Jul 30, 2015 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Help with my mother's AA within confines of her advisor
Replies: 16
Views: 1241

Re: Help with my mother's AA within confines of her advisor

You have a responsibility to cut her investment costs. That obligation far exceeds your obligation to follow her wishes and maintain the accounts, especially since the use of this advisor was a decision made in ignorance. Would you allow her to continue to do other unhealthy things that she would no...
by dbr
Thu Jul 30, 2015 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Tracking Portfolio - What's your XLS, Google Sheet, or whatever look like?
Replies: 25
Views: 1653

Re: Tracking Portfolio - What's your XLS, Google Sheet, or whatever look like?

That is incredible. As a beginner, I'm very impressed by your dedication. Any tips for someone who might want to create a system like that of their own? My tip would be get on a couple of different spreadsheet applications and start trying different things until you become fairly fluent and experie...
by dbr
Wed Jul 29, 2015 2:47 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 182
Views: 11531

Re: Would you look down on a co-worker for driving a beater?

On a slightly different angle, my wife bought a car costing much less than we might have afforded for fear of being a sitting duck late nights in a bad neighborhood where she worked. Other cars in that lots were more desirable to steal/break into and indicated greater wealth than hers.
by dbr
Wed Jul 29, 2015 11:21 am
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 6176

Re: wife got in wreck with Honda CRV - no collison coverage

Perhaps a new Subaru with the "eyesight" gizmo would be an appropriate vehicle. They apparently make it quite difficult to run into the car in front of you. Refresher driving lessons might be helpful but of course some people are just atrocious drivers and shouldn't be doing it for the sa...
by dbr
Wed Jul 29, 2015 11:13 am
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 182
Views: 11531

Re: Would you look down on a co-worker for driving a beater?

My experience in a megacorp, in a neighborhood, and in any social group is that there certainly are people who look down on people who drive beaters, who drive excessively expensive cars*, don't play golf, don't ski,do/don't vacation in Europe,live in the wrong neighborhood, attend/don't attend the ...
by dbr
Wed Jul 29, 2015 10:41 am
Forum: Personal Consumer Issues
Topic: FWD vs AWD (Vehicle)
Replies: 76
Views: 3612

Re: FWD vs AWD (Vehicle)

Good grief. If you really want capability and security you get a good AWD vehicle AND you put snow tires on it for winter conditions. There are, however, winter climates where the local driving conditions are well plowed and clear roads most of the time where snow tires may not be particularly helpf...
by dbr
Wed Jul 22, 2015 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Mom Investment CEO Needs Help!
Replies: 26
Views: 2212

Re: Mom Investment CEO Needs Help!

Most likely the biggest effect on prospects at this time is to work as long as possible (one and/or both of you) and save as much more as possible. If the plan is for your husband to retire within a couple of years, a reasonable desire, then there isn't a lot asset allocation can do. The biggest two...

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