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Re: Unwanted distribution from Roth

Vanguard fixed the issue in relatively short order once I got home and called them. I didn't call immediately because I was on the road and wanted the paperwork in front of me when I called.

Thanks for the help.
by dharrythomas
Wed Apr 08, 2015 8:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Unwanted distribution from Roth
Replies: 23
Views: 2009

Re: Unwanted distribution from Roth

Thank you for the comments and recommendations.
by dharrythomas
Thu Apr 02, 2015 10:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Unwanted distribution from Roth
Replies: 23
Views: 2009

Re: Unwanted distribution from Roth

Vanguard is the custodian.
by dharrythomas
Tue Mar 31, 2015 9:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Unwanted distribution from Roth
Replies: 23
Views: 2009

Unwanted distribution from Roth

Anyone else had this issue? If so was there a good resolution? I received a dividend cash distribution check from one of the funds in my Roth IRA today. Since I'm in my 50s and have everything on automatic reinvestment, and am pushing money into Roth accounts each year, I'm upset on a number of leve...
by dharrythomas
Tue Mar 31, 2015 9:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Unwanted distribution from Roth
Replies: 23
Views: 2009

Re: "Financial Simplicity: What is Your Time Worth?"

Taylor, Thanks. In addition to the time, I also find that once you start to slice and dice, there is no logical stopping place Emerging markets Value Small Cap Value REITs Mid Cap Value? International Real Estate? International Small Cap? International Small Cap Value? Frankly, I've also found (much...
by dharrythomas
Sun Mar 22, 2015 1:10 pm
 
Forum: Investing - Theory, News & General
Topic: "Financial Simplicity: What is Your Time Worth?"
Replies: 27
Views: 3668

Re: What is the BH consensus on international bonds?

The old GM no longer exists. The stockholders were zeroed out (as we should have been). There were assets available to pay some creditors. The secured bond holders had a higher claim under the law on the remaining assets than the unions and unsecured bond holders. The bankruptcy court decided to red...
by dharrythomas
Fri Feb 20, 2015 7:42 pm
 
Forum: Investing - Theory, News & General
Topic: What is the BH consensus on international bonds?
Replies: 54
Views: 4175

Re: Will LS Fund Take Big Hit if Interst Rate Rise

Fixed income yields stink. Jack Bogle says that that best way to estimate a bonds yield over the next decade is by its current yield. Basically what you lose in the price of the bond, you'll make up in interest and reinvesting at the higher rates which will leave you at zero or a little lower after ...
by dharrythomas
Wed Feb 18, 2015 8:41 pm
 
Forum: Investing - Theory, News & General
Topic: Will LS Fund Take Big Hit if Interst Rate Rise
Replies: 13
Views: 1118

Re: Social security strategy with wide age gap between spous

We are in a similar situation with the lower earning/less time in the system spouse being older. Our plan is for the older spouse to wait until full retirement to draw SS. Then draw off of their smaller benefit until the younger spouse turns 62. Depending on circumstances, the younger spouse can eit...
by dharrythomas
Wed Feb 18, 2015 8:25 pm
 
Forum: Investing - Theory, News & General
Topic: Social security strategy with wide age gap between spouses?
Replies: 18
Views: 1672

Re: What is the BH consensus on international bonds?

Blevine,

When thinking about the rule of law and US bonds, don't forget the GM bankruptcy and the decision to zero out secured bond and give the proceeds to pay unsecured obligations to the UAW. US is better than many countries but far from perfect.
by dharrythomas
Sat Feb 14, 2015 8:54 pm
 
Forum: Investing - Theory, News & General
Topic: What is the BH consensus on international bonds?
Replies: 54
Views: 4175

Re: Federal TSP Investment Allocations

I recommend use of one of the LifeCycle Funds.
by dharrythomas
Mon Feb 02, 2015 8:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Federal TSP Investment Allocations
Replies: 16
Views: 4683

Re: Walmart 401 K plan...Best options

Looks like index fund with reasonable expenses. I think you can put it in the 2035 fund. I'd also do a direct roll over of the old 401(k) plan to Vanguard and put it in TR 2035. This is probably not the optimal solution (you'll only know that when the time period is over), but it is close enough, lo...
by dharrythomas
Sun Feb 01, 2015 1:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Walmart 401 K plan...Best options
Replies: 12
Views: 1880

Re: Should I stay in TSP L2030 ROTH or move to L2040 or L205

You do not have to move everything at once. There is a tool where you can set a new allocation between funds. The requirement is that whatever changes you make to current allocation or future contributions applies to both Traditional and Roth portions of the account. There is currently no method of ...
by dharrythomas
Sun Feb 01, 2015 7:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Should I stay in TSP L2030 ROTH or move to L2040 or L2050
Replies: 7
Views: 599

Re: Advice on current plan and purchasing of second home

I like living in a paid off house. It decreases risk in all the ways that borrowing money for a second house increases risk.

It also lowers your fixed expenses and cash flow requirements each month. When we paid off the house, we split the additional cash flow between saving/investing and spending.
by dharrythomas
Sun Feb 01, 2015 7:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice on current plan and purchasing of second home
Replies: 9
Views: 1232

Re: Vesting and Normal Retirement Age

Most of the time these companies have a tiered vesting schedule similar to the example.
by dharrythomas
Sat Jan 31, 2015 11:07 pm
 
Forum: Investing - Theory, News & General
Topic: Vesting and Normal Retirement Age
Replies: 12
Views: 1073

Re: The missing value premium- a 10 year global lookback

The real bottom line is that your results are time period dependent, you only know the results for a particular time period after it is over, and for an individual you have only so much control /influence over when your time period begins and ends. I tilt and have some sector bets, over an indefinit...
by dharrythomas
Sat Jan 31, 2015 11:01 pm
 
Forum: Investing - Theory, News & General
Topic: The missing value premium- a 10 year global lookback
Replies: 57
Views: 3417

Re: Market Timing to Set Retirement Date

Sounds to me like you are happy doing what you're doing and you've got enough. I don't think the market should play any part in your decision. When you start to feel that you don't have the time to do what you want to do or it's not worth the trouble anymore retire. If you want to continue to contri...
by dharrythomas
Sat Jan 31, 2015 10:49 pm
 
Forum: Investing - Theory, News & General
Topic: Market Timing to Set Retirement Date
Replies: 16
Views: 1534

Re: What mutual fund companies do you use?

Vanguard and TSP. We don't plan to change that unless I get another job with a 401(k). First move when I retire will be to roll the Roth TSP funds to the Vanguard Roth IRA. In the past had 401(k) funds at Fidelity and Oppenheimer (both no load and reasonable but not great fees) and taxable and IRA f...
by dharrythomas
Sat Jan 31, 2015 10:31 pm
 
Forum: Investing - Theory, News & General
Topic: What mutual fund companies do you use?
Replies: 63
Views: 3372

Re: TSP contribution limits clarification

Wishing I had this problem. DW is already not happy with what we save and we're well short of maxing. Thankfully, we started early and have a reasonable balances in TSP and IRAs.
by dharrythomas
Sat Jan 31, 2015 9:55 pm
 
Forum: Investing - Theory, News & General
Topic: TSP contribution limits clarification
Replies: 10
Views: 751

Re: What if everyone was a Boglehead saver?

Before you decide at least read the Austrian arguments about "The Parodox of Thrift". Investment (as the term is used in economics not on this forum) should increase the efficiency of the enterprise allowing it to profit with better products at a lower price (computers, TV). The equations ...
by dharrythomas
Sat Jan 31, 2015 9:47 pm
 
Forum: Investing - Theory, News & General
Topic: What if everyone was a Boglehead saver?
Replies: 18
Views: 2450

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

Thanks Taylor! The reader comments insulting Bill Bernstein make me smile. I can remember thinking that I was as smart as some of the readers do. I don't know more, I've just got a better understanding of how little I actually know. My father told me years ago that when I had enough saved to quit. I...
by dharrythomas
Tue Jan 20, 2015 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: "When you've won the game, stop playing"
Replies: 83
Views: 8816

Re: Please rate/advise my 40+yr investment portfolio

Ben Graham recommended in "The Intelligent Investor", that the default asset allocation should be 50/50 with all investors somewhere between 75/25 and 25/75.

You pay your money, you take your chances.

Good Luck.
by dharrythomas
Sat Jan 17, 2015 9:21 am
 
Forum: Investing - Help with Personal Investments
Topic: Rate/advise my 40+ year stock portfolio
Replies: 9
Views: 608

Re: Does it matter which Roth to fund?

It depends. 1) what are you going to use the account for? The answer might be different depending on whether this will contribute to your retirement expenses or whether you want to leave it to heirs. 2) health/life expectancy of the two partners. If you've named each other as beneficiaries of the tw...
by dharrythomas
Sun Jan 11, 2015 8:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does it matter which Roth to fund?
Replies: 1
Views: 408

Re: Alternatives to Target or LifeStrategy in Taxable Accoun

Either A or B is a reasonable option, you'll need to do different things with the LifeStrategy funds. I think C may put too much of the bond portion in municipal bonds.
by dharrythomas
Sun Jan 11, 2015 2:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Alternatives to Target or LifeStrategy in Taxable Accounts?
Replies: 13
Views: 1232

Re: Changing asset allocation

Ben Graham thought the default allocation should be 50/50 and that everyone should be somewhere between 75/25 and 25/75.

One old saying "bulls make money, bears make money, pigs get slaughtered"

Good luck with whatever you decide.

Harry
by dharrythomas
Sun Jan 11, 2015 2:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Changing asset allocation
Replies: 13
Views: 760

Re: Medallion Signature Guarantee? T.Rowe Price to Vanguard

Check with T Rowe Price. I've dealt with several companies on various accounts and had to get a medallion guarantee once. It will be a company policy.
by dharrythomas
Sun Jan 11, 2015 1:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Medallion Signature Guarantee? T.Rowe Price to Vanguard Xfer
Replies: 8
Views: 983

Re: Performance of fundamental indexes

I don't use it but, there is nothing wrong with fundamental indexing and it is a low expense reasonable option to get a value tilt. You don't get the same value factor load you would with a value fund but you'll be ahead when growth beats value. It is more expensive than what many of us do here whic...
by dharrythomas
Sat Jan 10, 2015 8:40 pm
 
Forum: Investing - Theory, News & General
Topic: Performance of fundamental indexes
Replies: 21
Views: 1916

Re: Young dentist, No debt, Investing strategy

You are far to young with too many unknowns before you to take an inheritance into consideration.

Spend what you need to, save what you can, and don't forget to enjoy life as you go.

Good luck.
by dharrythomas
Sat Jan 10, 2015 8:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young dentist, No debt, Investing strategy
Replies: 10
Views: 1189

Re: Do you use lifestrategy/ asset allocation funds?

We've got 5 Tax deferred accounts. TSP in LifeCycle fund, 2xIRA in Target Retirement, 1xRoth in Wellington. Part of the other Roth is in Balanced Index.

I believe in balanced funds. I'd be better off if I'd kept the other Roth completely in balanced fund also.
by dharrythomas
Fri Jan 09, 2015 7:00 pm
 
Forum: Investing - Theory, News & General
Topic: Do you use lifestrategy/ asset allocation funds?
Replies: 36
Views: 3214

Re: Poll: Gain of total portfolio value from investing

I don't think the question is worded exactly right and I don't know the answer as i haven't tracked that close for all investments and withdrawals since 1984 when I made my first IRA contribution. If I could answer the question, it wouldn't tell you anything other than that that we've been investing...
by dharrythomas
Sun Dec 28, 2014 8:07 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Gain of total portfolio value from investing
Replies: 37
Views: 3447

Re: Doctor with multiple retirement plans

I use mostly the bond index funds. Either Vanguard or Fidelity are OK. I prefer to put bonds in the Traditional accounts, though we've got some in our Roth accounts also. I don't currently own any municipal bonds, but may soon as I have to decide how to handle an inheritance and I'm considering dump...
by dharrythomas
Sun Dec 21, 2014 8:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Doctor with multiple retirement plans
Replies: 13
Views: 2179

Re: Doctor with multiple retirement plans

Laura's suggestion is fine. Other than adding some bonds and getting out of debt, I have nothing to add. With $800K invested and $88K a year in annual savings at age 32, you just need to stay the course. Rough numbers, you've got $1M at 35, $3M at 45, $7M at 55, and $15M at 65 if you just keep doing...
by dharrythomas
Sun Dec 21, 2014 2:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Doctor with multiple retirement plans
Replies: 13
Views: 2179

Re: Trust set up for older sibling

I don't know anything about you wife's family dynamics, what her parents asked/expected her, what kind of obligation she feels to take care of her sibling, soI won't comment on whether she should set up a trust or not. I would caution you to be very careful about trying to talk her out of it. It may...
by dharrythomas
Sun Dec 21, 2014 7:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Trust set up for older sibling
Replies: 14
Views: 2134

Re: Does Mr. Bogle ALWAYS suggest Bonds?

I don't know for sure about Mr Bogle, but Benjamin Graham said that even enterprising investors needed a minimum of 25% bonds.
by dharrythomas
Wed Dec 10, 2014 8:27 pm
 
Forum: Investing - Theory, News & General
Topic: Does Mr. Bogle ALWAYS suggest Bonds?
Replies: 8
Views: 1303

Re: 'Might Vanguard Founder Jack Bogle Be Wrong for a Change

Jack Bogle is right on the facts, it's the application where people disagree. As I think I understand it, the biggest difference in the returns of US and International is currency fluctuation. (That's why for years the only international fund offered by Tweedy Browne was hedged) Depending on timefra...
by dharrythomas
Wed Dec 10, 2014 8:22 pm
 
Forum: Investing - Theory, News & General
Topic: 'Might Jack Bogle Be Wrong for a Change?' [Int'l holdings]
Replies: 49
Views: 4442

Taylor--thank you!!

Thank you for what you've done here for those of us you've helped learn about investing. More particularly, thank you for where you were and what you were doing 70 years ago this month. I truly appreciate your sacrifice and the sacrifice of of those that served with you in every theater. God Bless Y...
by dharrythomas
Tue Dec 09, 2014 9:18 pm
 
Forum: Investing - Theory, News & General
Topic: Taylor--thank you!!
Replies: 9
Views: 1168

Re: What is your opinion about "tilting?"

I tilt to small, value, and REIT. I think the evidence supports it over the long run. Whether it works out for me depends on my start and end dates, but unlike someone cherry picking the data, I Can't use hindsight. It may work or it may not. Any of us could be in the cohort with start/end dates whe...
by dharrythomas
Tue Dec 09, 2014 8:41 pm
 
Forum: Investing - Theory, News & General
Topic: What is your opinion about "tilting?"
Replies: 116
Views: 9642

Re: Convert 401k Target-Date Funds to Lifetime Income

Even where available, people aren't using SPIAs. There appear to be two big issues: 1) people don't want to part with the lump sum it took a lifetime to put together. 2) the current payouts are very low and almost ridiculous if you need an inflation adjustment and survivor benefits. Maybe a good ide...
by dharrythomas
Sun Dec 07, 2014 3:41 pm
 
Forum: Investing - Theory, News & General
Topic: Convert 401k Target-Date Funds to Lifetime Income
Replies: 2
Views: 504

Re: Equal Weight portfolio

Sounds like "The Ultimate Buy and Hold Portfolio". It's another tilting strategy.
by dharrythomas
Mon Nov 24, 2014 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: Equal Weight portfolio
Replies: 19
Views: 2763

Re: Roll Vanguard Roth into TSP Roth

I'll provide the IRA side of the argument.The advantages of a Roth IRA over a Roth TSP account: ( Some may consider a few of the IRA advantages not really valuable) (1) no RMD on the Roth IRA (2) cannot manage traditional and Roth TSP subaccounts separately (3) I Fund is not as diversified as Total ...
by dharrythomas
Mon Nov 10, 2014 11:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roll Vanguard Roth into TSP Roth
Replies: 10
Views: 704

Re: Equal weight or volume weight between world regions

You'll get a number of different allocation recommendations, though not many here will recommend that you go lower than market weight for your home country. The real answer is that no one knows and it depends on your personal preferences. What we do know with relative certainty is that correlations ...
by dharrythomas
Sun Nov 02, 2014 3:00 pm
 
Forum: Investing - Theory, News & General
Topic: Equal weight vs. capitalization weight between world regions
Replies: 18
Views: 1415

EMH is close enough

http://www.bloombergview.com/articles/2014-10-10/the-market-outsmarts-everyone

the financial value of information gets used up


EMH is wrong in details but close enough to be useful in the "real world"!

Good Luck.

Harry
by dharrythomas
Sun Oct 12, 2014 1:00 pm
 
Forum: Investing - Theory, News & General
Topic: EMH is close enough
Replies: 1
Views: 342

Re: Best book on Finance I ever read, Ben Graham's Intellige

Stemikger, The Intelligent Investor is not too technical for you. It is the "mass market" version of the Graham and Dodd textbook "Security Analysis". The second book might be more technical and have more math than you want to try. You would have no trouble with the first. It is ...
by dharrythomas
Sun Oct 05, 2014 2:09 pm
 
Forum: Investing - Theory, News & General
Topic: Best book on Finance I ever read, Ben Graham's Intelligent I
Replies: 35
Views: 6988

Re: TSP [CNN Money: Fed Workers... low cost retirement plans

The problem with having Roth money in the TSP is that you cannot manage it separately and all withdrawals are proportional to account balance. I may leave the traditional balance in the TSP but my one partial withdrawal will be to move the Roth balance immediately!
by dharrythomas
Sat Oct 04, 2014 4:40 pm
 
Forum: Investing - Theory, News & General
Topic: TSP [CNN Money: Fed Workers... low cost retirement plans]
Replies: 25
Views: 2905

Re: Buffett Has 100% Equities in his Pensions Funds

1. Bonds vs stocks is a long term losing proposition, the only time in my lifetime that you could expect bonds to beat stocks was the Volker years with 15% plus tax free bond returns! 2. Pensions are different than individuals because of the law of large numbers. They can project expenses much bette...
by dharrythomas
Sat Oct 04, 2014 1:57 pm
 
Forum: Investing - Theory, News & General
Topic: Buffett Has 100% Equities in his Pensions Funds
Replies: 39
Views: 2912

Re: Total world stock index

We use Total World as our only taxable fund. The expense ratio has been dropping consistently as the fund grows. Projecting the current differences in expense ratio forward is misleading and overstates the long term impact. I expect the difference to drop to no more than .05 in about 2.5 years. It m...
by dharrythomas
Fri Oct 03, 2014 8:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Total world stock index
Replies: 19
Views: 2917

Re: Surprise Benefit of Lower Expenses

You got a "raise" because your expenses went down. It was 5% because of the ratio of the decrease in expenses to the yield. My guess is that your yearly yield increased from 2% to 2.1%!
by dharrythomas
Thu Oct 02, 2014 5:32 pm
 
Forum: Investing - Theory, News & General
Topic: Surprise Benefit of Lower Expenses
Replies: 6
Views: 1707

Re: Let's hear your Dave Ramsey success stories

Dave Ramsey is important because he is the one voice taking about the Risk involved with Debt. We're bombarded with lessons on managing debt. You can either live below your means, save, invest, and get on the right side of compounding or you can go into debt, juggle payments, and be on the wrong sid...
by dharrythomas
Wed Sep 24, 2014 9:31 pm
 
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 32
Views: 4677

Re: Individual Stocks

We own stock in 2 community bank start ups. (We'd have spent the funds if we hadn't bought the bank stock) Don't have a listed market value but the dividends are pretty good and increasing. My estimate is less than10% of portfolio (that we're still adding to) and that doesn't count pension income th...
by dharrythomas
Sat Sep 20, 2014 8:18 pm
 
Forum: Investing - Theory, News & General
Topic: Individual Stocks
Replies: 46
Views: 3869

Re: If you won the lottery, does boglehead thinking still wo

The boglehead method would work. Some might need an advisor to keep them from doing something stupid. Many lottery winners are bankrupt a few years after winning. For me this is all theory since I view the lottery as a tax on people who are bad at math, even worse since in education lotteries they t...
by dharrythomas
Sun Sep 07, 2014 7:12 pm
 
Forum: Investing - Theory, News & General
Topic: If you won the lottery, does boglehead thinking still work?
Replies: 39
Views: 3041

Re: Question on Buffet's recent investment advice

Just don't forget that for Mr Buffett's widow, 10% is probably several years of living expense. The asset allocation is appropriate for an individual situation. The rest of the advice is applicable for everyone.
by dharrythomas
Sat Sep 06, 2014 5:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question on Buffet's recent investment advice
Replies: 8
Views: 1843
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