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by jimkinny
Tue May 05, 2015 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: First Time Poster - Planning to Open Vanguard Account - Please Critique/Advise! Thanks!
Replies: 7
Views: 773

Re: First Time Poster - Planning to Open Vanguard Account - Please Critique/Advise! Thanks!

Take a few minutes to read the top post, "investment Planning" under this Index of "Help with ....." Then go to index and find Theory, news etc... and read the thread about the three fund portfilio, if not already familiar. This may be in the Wiki also. I would not invest money n...
by jimkinny
Mon May 04, 2015 10:24 am
Forum: Investing - Help with Personal Investments
Topic: CD ladder at Ally - multiple durations or just one
Replies: 18
Views: 1937

Re: CD ladder at Ally - multiple durations or just one

I have never sold a CD via brokerage account. I intend to hold to maturity. Buying the CDs is very easy. I suspect selling is also. I have never seen any indication of what the cost to sell is(other than looking at bid/ask spread) although I have read repeatedly that one pays a premium. I suspect th...
by jimkinny
Mon May 04, 2015 9:01 am
Forum: Investing - Help with Personal Investments
Topic: CD ladder at Ally - multiple durations or just one
Replies: 18
Views: 1937

Re: CD ladder at Ally - multiple durations or just one

Option 2 is very close to what I did when I first started the change from bond funds to CDs. I have read that the option to bump a rate CD is seldom exercised. I have not used it. If you think about it, a bond fund has multiple maturities for the bonds it holds. The maturity date or duration of an i...
by jimkinny
Fri May 01, 2015 10:34 am
Forum: Investing - Help with Personal Investments
Topic: There's a monster under my bed... [CDs instead of bonds?]
Replies: 30
Views: 3295

Re: There's a monster under my bed...

Any "growth" that you have missed in bonds is likely more than being made for with your higher interest's rates. That idea is very misleading unless you are trying to time things. I am glad I made the switch to CDs over the course of the last 2-4 years. For higher interest rates and conven...
by jimkinny
Fri May 01, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Too late for career change/worth it?
Replies: 41
Views: 4598

Re: Too late for career change/worth it?

We have this life to live, no guarantees how long.

Jim
by jimkinny
Fri May 01, 2015 9:25 am
Forum: Investing - Theory, News & General
Topic: Holding long-term bond to increase rebalancing bouns?
Replies: 11
Views: 682

Re: Holding long-term bond to increase rebalancing bouns?

my guess is the greatest risk is staying the course. Is this a plan you can stick with for 30-40 years?
by jimkinny
Thu Apr 30, 2015 8:10 am
Forum: Investing - Theory, News & General
Topic: Guide to Investing's international allocation confusion
Replies: 6
Views: 676

Re: Guide to Investing's international allocation confusion

I tend to lean towards the camp that thinks a market cap weighting to international is likely the best approach but I do not do that myself. I am near 35% now and will likely let that % percentage drift upwards ( I hope that is the drift direction) without any rebalancing. The historical data tends ...
by jimkinny
Thu Apr 30, 2015 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Financial Plan Under the New [ 0.3% ] Fee
Replies: 18
Views: 2612

Re: Vanguard Financial Plan Under the New .03% Fee

I like the simplicity of Vanguard's proposal.

You have been a member of this forum since 2007 and presumably a reader/member of Morningstar's Diehard forum.

I am curious about what you think?

Jim
by jimkinny
Tue Apr 28, 2015 10:44 am
Forum: Investing - Theory, News & General
Topic: RE Social security being taxed--new chart by Scott Burns
Replies: 41
Views: 4598

Re: RE Social security being taxed--new chart by Scott Burns

Thanks fr the link. I read a bit about SS and taxes when trying to determine if I should take some cap gains (retired, no income yet) at zero tax rate or do a TIRA conversion to Roth. The Wiki has some examples of SS taxation also and explains how SS is taxed. I discovered in my reading that the inc...
by jimkinny
Mon Apr 27, 2015 10:59 am
Forum: Personal Consumer Issues
Topic: Thinking about a new desktop PC.
Replies: 55
Views: 3660

Re: Thinking about a new desktop PC.

I have had a Windows. 8.1 for about 6 months. At start up it goes to traditional desktop. Pretty much the same look as prior Windows. I have read security is better. I just use Defender which is replacement for Windows Security essentials and have read good reviews of 8.1 cloud integration. 8.1 is a...
by jimkinny
Thu Apr 23, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Manually Manage Quicken?
Replies: 46
Views: 2122

Re: Anyone Manually Manage Quicken?

I used Quicken and prior to that Microsoft's financial software. Maybe 5-7 years worth of playing around. I automated as much as possible by downloading but it seems there were frequent downloads that did not work quite right. Eventually it just became a pain and pretty much useless. I guess I learn...
by jimkinny
Thu Apr 23, 2015 3:46 pm
Forum: Investing - Theory, News & General
Topic: Do you Bogleheads really follow the 3-4% SWR rule?
Replies: 48
Views: 4485

Re: Do you Bogleheads really follow the 3-4% SWR rule?

No. I am more aligned with the above re Taylor's approach but acknowledge retiring in 1982 might have been just lucky circumstances in that the great returns of equities in the 1990s were ahead as well as the stunning returns of Treasuries for the next 30 years. I think a 3-4% withdrawal rate is a g...
by jimkinny
Sun Apr 19, 2015 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Coming to terms with low risk tolerance
Replies: 46
Views: 3497

Re: A real bear market -- What it is like.

That’s why Mr. Bernstein recommends that young investors start with a portfolio that’s roughly 50% stocks (split evenly between foreign and domestic) and 50% U.S. bonds until they experience their first bear market. “Then you see how you respond and you learn what your actual risk tolerance is,” he...
by jimkinny
Sat Apr 18, 2015 9:07 am
Forum: Investing - Help with Personal Investments
Topic: long term capital gain tax vs. roth conversions
Replies: 41
Views: 2367

Re: long term capital gain tax vs. roth conversions

I retired several years ago and spent a lot of time trying to determine which would be most advantageous: TIRA to Roth conversions (no state tax) or cap gains harvesting with no federal tax and some state tax. last year I decided the Roth conversion was more beneficial in the long term (no state inc...
by jimkinny
Thu Apr 16, 2015 3:25 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard White Paper: "Factor-based investing" (Apr '15)
Replies: 21
Views: 3192

Re: New Vanguard White Paper: "Factor-based investing" (Apr

I've not seen the paper. There's no free lunch. So-call smart-beta is always more expensive to impliment, there are decades when it doesn't work, and today it has become so popular the odds of it not working in the near future may have increased. Only do this if you know what you're getting into an...
by jimkinny
Sat Mar 28, 2015 9:20 am
Forum: Investing - Theory, News & General
Topic: Retirement calculation lies? [Geometric vs. arithmetic mean]
Replies: 49
Views: 5513

Re: Retirement calculation lies?

sawhorse, I would not get involved enough in this type of stuff to call it lies. Sure, there are a lot of things that can not be predicted, can not be relied on but the key is to know the variables and then treat these calculators as tools to gain an understanding of the "what ifs". So, pl...
by jimkinny
Thu Mar 26, 2015 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Capital preservation in retirement
Replies: 23
Views: 2702

Re: Capital preservation in retirement

I am also retired. I am now about 35%/65. The 65% fixed income is mostly insured CDs. I started getting CDs about 4 years ago, initially bought 2,3,4,and 5 year CDs from a local credit union. 1-2 year latter bought CDs from Ally. These were all in an IRA, originally at Vanguard. I then started buyin...
by jimkinny
Sat Mar 14, 2015 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Should tilters recommend tilting to beginners?
Replies: 49
Views: 2945

Re: Should tilters recommend tilting to beginners?

I am going to make a guess that most people on this forum who "truly believe" that a small value tilt has a greater risk adjusted return can not quantify that return, do not know how long of a holding period may be required before any theoretical greater return is captured nor even what fu...
by jimkinny
Sat Mar 07, 2015 5:45 am
Forum: Investing - Help with Personal Investments
Topic: At age 27, how much should I have saved up for retirement?
Replies: 30
Views: 3644

Re: At age 27, how much should I have saved up for retiremen

2 thoughts and I will leave it up to you to find the information on the Boglehead Wiki 1- locate the retirement calculators. These are tools in which you input various parameters and the output is the income in retirement. This will lead you to thinking a lot of about rate of returns, inflation, pen...
by jimkinny
Thu Feb 26, 2015 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Retirement planning - Too soon for TIPS?
Replies: 25
Views: 2487

Re: Retirement planning - Too soon for TIPS?

Why don't you look up what Vanguard does with some of their target retirement funds. I know they have the short term TIPS fund in some of their funds but I would only be guessing at how much of an allocation they have. I do know that the target date funds have more TIPS the shorter the time to reti...
by jimkinny
Wed Feb 25, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning - Too soon for TIPS?
Replies: 25
Views: 2487

Re: Retirement planning - Too soon for TIPS?

Why don't you look up what Vanguard does with some of their target retirement funds. I know they have the short term TIPS fund in some of their funds but I would only be guessing at how much of an allocation they have. I do know that the target date funds have more TIPS the shorter the time to retir...
by jimkinny
Thu Feb 19, 2015 10:21 am
Forum: Investing - Theory, News & General
Topic: 3-1/3% SWR = you can manage it by intuitive household budget
Replies: 40
Views: 3760

Re: 3-1/3% SWR = you can manage it by intuitive household bu

Thanks for the link. I do not know if I read Taylor's post at the time but I do remember him posting that this draw-down stuff can be done on the back of an envelope. This made an impression on me and I started viewing a lot of the SWR stuff as mostly based on shifting sand. Seems like I have read 2...
by jimkinny
Mon Feb 16, 2015 5:03 am
Forum: Investing - Theory, News & General
Topic: What is a Value Premium?
Replies: 5
Views: 483

Re: What is a Value Premium?

Keep in my the value premium has attributes akin to the vapors that used to cause some diseases.

Jim
by jimkinny
Tue Feb 10, 2015 5:29 am
Forum: Investing - Theory, News & General
Topic: Wiki comments requested: The importance of asset allocation
Replies: 208
Views: 10979

Re: Wiki comments requested: The importance of asset allocat

Rick Ferri posted a link to his article about the 60/40 portfolio several days ago and when it is not the best allocation. Seems rather appropriate as it relates to the topic heading of this article. Vanguard used to have some advice on their website also. Vanguard used to advise that the most impor...
by jimkinny
Tue Feb 10, 2015 5:16 am
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 127
Views: 13942

Re: When 60/40 just isn't appropriate

Rick Ferri: thanks for the link to your article. I found the two charts of rolling 5 years risk/returns charts particularly informative. The charts put some numbers on the lesson I learned in the great recession and from reading about the years 1930 to 1940. I agree that 30/70 is a good place to sta...
by jimkinny
Sun Jan 25, 2015 6:30 am
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 7
Views: 2427

Re: What Experts Say About "Simplicity"

Thanks Taylor,

It took me awhile, but with your persistence, I finally came around and learned enough to keep things simple.

Jim
by jimkinny
Mon Jan 19, 2015 7:52 am
Forum: Investing - Help with Personal Investments
Topic: taxable account investment options
Replies: 4
Views: 537

Re: taxable account investment options

The standard has been to put bonds in a tax protected account. I think I would know 2 things: how much is it going to cost me in taxes by having a target date fund in taxable. Is the tax worth it to you for the simplicity. The tax on bond income is taxed at your marginal rate. You could also take a ...
by jimkinny
Mon Jan 19, 2015 7:24 am
Forum: Investing - Theory, News & General
Topic: IRA CD experiences or precautions?
Replies: 8
Views: 1024

Re: IRA CD experiences or precautions?

Is a CD from State Farm insured?

The delays, phones calls and forms is why I quit buying CDs inside an IRA from any source other than Vanguard brokerage.

jim
by jimkinny
Sun Jan 18, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: How Long Do You Keep Tax Records?
Replies: 28
Views: 2524

Re: How Long Do You Keep Tax Records?

I scanned all of my financial records several years ago. I keep every thing backed up on several devices. Maybe I will add "Cloud" in the future but security is an issue for me. I do not delete these files. I think I have stuff going back to 2004 or so. Since I do not have to have space fo...
by jimkinny
Sun Jan 18, 2015 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Medigap
Replies: 9
Views: 836

Re: Medigap

I went through this several years ago. The first decision is between Medicare Advantage vs Medigap. I chose Medigap because I expected to move. Many like the advantage plans that bundle a drug package vs with Medigap having to get a separate drug plan insurance if you want drug coverage. The state i...
by jimkinny
Fri Jan 16, 2015 10:10 am
Forum: Investing - Theory, News & General
Topic: Time to protect against rising inflation?
Replies: 31
Views: 2749

Re: Time to protect against rising inflation?

Kind of explains the 10 year Treasury yield. Remember all of angst over the QE stuff? I know that we are supposed to pay attention to the core inflation rate but eventually I would think the oil crash would affect the core rate. Maybe not or it is offset by consumer spending, still...... Of course i...
by jimkinny
Fri Jan 16, 2015 9:39 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Here - Advice on 401k Allocation?
Replies: 6
Views: 738

Re: New Boglehead Here - Advice on 401k Allocation?

Check out this long thread on 3 fund portfolio [urlhttp://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005][/url] I am not an expert but Taylor is. Also consider getting 2 books: The Boglehead Guide to Investing and also the Guide to Retirement. The people who wrote those books are experts. I...
by jimkinny
Thu Jan 15, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: My Investment Owner's contract
Replies: 13
Views: 1084

Re: My Investment Owner's contract

Can not go wrong with that book. Think about risk a lot. Rick Ferri wrote an article a year or so ago that recommended investors work up to a higher equity allocation, first learn their risk level need, ability and willingness by starting lower and after a market cycle, make an increase in riskiness...
by jimkinny
Thu Jan 15, 2015 11:10 am
Forum: Investing - Theory, News & General
Topic: 3%, 10-year CD bought today
Replies: 35
Views: 3481

Re: 3%, 10-year CD bought today

Most of my fixed income is in CDs, mostly brokered, just so much more convenient. I have 10 year CDs, 9 year,8 year......the ladder has a dollar weighted years to maturity of 4-5 years, do not remember exactly. Created the ladder over several years. How many bonds do you think the TBM fund has that ...
by jimkinny
Thu Jan 15, 2015 9:26 am
Forum: Investing - Theory, News & General
Topic: My Investment Owner's contract
Replies: 13
Views: 1084

Re: My Investment Owner's contract

Maybe you should take a break, make no decisions and read read these two books: the Boglehead Guide to Investing and Guide to Retirement. Yesterday you had two posts that seem to indicate that you are trying to get to place where this investing stuff is less of drama. If you really pulled out of the...
by jimkinny
Mon Jan 12, 2015 7:32 am
Forum: Investing - Help with Personal Investments
Topic: first time investing
Replies: 3
Views: 392

Re: first time investing

Invest 10-20 bucks in two books, Boglehead Guide to Investing and Guide to Retirement. Amazon.

A lot of people make this stuff out to be complicated and high science. It is not.

Read the books, come back here and post a plan if you want to. Try to remember to keep it simple.

JIm
by jimkinny
Mon Jan 12, 2015 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Treasury funds - combining for duration
Replies: 4
Views: 453

Re: Treasury funds - combining for duration

Why buy a fund, buy from Treasury Direct or buy using a brokerage account. The process seems a bit intimidating at first but really is quite simple. There are a lot of on line "how to" sites. For TD there is no cost, for a brokerage it likely will be very small or nothing. I did not pay an...
by jimkinny
Thu Jan 08, 2015 9:35 am
Forum: Investing - Theory, News & General
Topic: Psychology vs. Fundamentals of investing
Replies: 61
Views: 4694

Re: Psychology vs. Fundamentals of investing

I accept that the markets are efficient enough to rule out that I would have any kind of edge over others. From this I accept that for the most part any difference in returns on a risk adjusted basis is pretty small, or will be so small in the future that again there is no tangible benefit that I ca...
by jimkinny
Thu Jan 08, 2015 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Need help increasing my bond/fixed income portion
Replies: 11
Views: 1359

Re: Need help increasing my bond/fixed income portion

There are calculators on the web and at Vanguard that can give you some guidance in choosing a tax free or taxable bond/cd/fund. I just tried one with a 28% fed tax rate and the taxable rate needed for a bond was 2.78% to achieve a tax free yield of 2%. You could buy a brokered CD and keep all of yo...
by jimkinny
Wed Jan 07, 2015 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Remind me: why am I holding VG's longer-term TIPS fund?
Replies: 31
Views: 3534

Re: Remind me: why am I holding VG's longer-term TIPS fund?

If the difference in yield is only 0.12% between the shorter term TIPS and longer term, I would trade that 0.12% for lower term risk. I would still have inflation the inflation protection and that is why I had TIPS at one time. Didn't Vanguard replace the long term fund for the short term in some of...
by jimkinny
Tue Jan 06, 2015 7:44 am
Forum: Investing - Theory, News & General
Topic: Was it a mistake to move into PenFed 5-year CDs a year ago?
Replies: 55
Views: 5151

Re: Was it a mistake to move into PenFed 5-year CDs a year a

I am fairly satisfied with having mostly CDs for fixed income, simply because I have received a greater return than Treasuries, and will continue to do until the maturity date. The day to day, month to month NAV of bonds funds is trivial, unless you can predict when to get in and out, which none of ...
by jimkinny
Thu Jan 01, 2015 4:11 am
Forum: Investing - Help with Personal Investments
Topic: Balanced Fund, Keep My Own Allocation or Simplify?
Replies: 4
Views: 750

Re: Balanced Fund, Keep My Own Allocation or Simplify?

Your most important decision is how much stock vs bonds you have. I would consider jettisoning any allocation under 10%, except for cash, if that is your emergency stash. My guess is that some of the funds you looked at that did better than your personal return did so because of a higher equity allo...
by jimkinny
Tue Dec 30, 2014 5:18 am
Forum: Investing - Help with Personal Investments
Topic: Why Does The 60/40 Work So Well?
Replies: 31
Views: 4900

Re: Why Does The 60/40 Work So Well?

I think there are some assumptions that may not be entirely accurate in the idea that a 60/40 allocation is some sweet spot that works better than others. Perhaps most investors in the age range 50-70 would have been better off investing in LT Treasuries and no stocks. Many people might sell at mark...
by jimkinny
Sun Dec 28, 2014 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Home Ownership in Retirement
Replies: 18
Views: 3146

Re: Home Ownership in Retirement

I would not base a decision on where to live upon property taxes. I have found that some states have high property taxes but the tax may be frozen for retirees or discounted, the income taxes for SS, IRA withdrawals and pensions may be lower than earned income tax rates and that there is a correlati...
by jimkinny
Sun Dec 28, 2014 7:11 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your retirement expenses will be covered
Replies: 34
Views: 3589

Re: What percentage of your retirement expenses will be cove

I am at 100% or so covered by pensions and ss, retired 2 years ago and have not started SS and a pension yet. I have a conservative allocation and I likely will not rebalance any time soon or change that allocation. Perhaps once I start SS I will take on more risk. I think I have the ability but the...
by jimkinny
Thu Dec 25, 2014 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Downloading TurboTax - tips for an easy process
Replies: 20
Views: 4581

Re: Downloading TurboTax - tips for an easy process

Thanks for the post. I am pretty sure I will stop using TurboTax. I have used it for maybe 12 years now. I do not understand why TT, google, MS, apple etc.... want us to use the cloud for storing data and I do understand the appeal but I am confident it is not purely out of benevolence and good will...
by jimkinny
Thu Dec 25, 2014 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Timing to rebalance portfolio
Replies: 16
Views: 2061

Re: Timing to rebalance portfolio

If there is any expert who can actually succeed at market timing, that person will not be found on this forum giving away the secret to making a fortune. 2 good books: Boglehead Guide to Investing and also Guide to Retirement, at amazon. A lot of the stuff in the books can be found on the Boglehead ...
by jimkinny
Thu Dec 25, 2014 8:04 am
Forum: Investing - Help with Personal Investments
Topic: vanguard ira v vanguard brokerage ira
Replies: 1
Views: 401

Re: vanguard ira v vanguard brokerage ira

Vanguard is transitioning to all brokerage accounts. Maybe this is what is going on. Call or email them to find out if this is what is going on.
by jimkinny
Thu Dec 25, 2014 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Choosing between 5 Yr - 7 Yr - 10 Yr CDs
Replies: 52
Views: 5340

Re: Choosing between 5 Yr - 7 Yr - 10 Yr CDs

Well, all of the above is correct but pretty much what was written could apply to any type, term of a fixed income instrument. Bonds, bond funds, cds or whatever else there is out there. Do you think Vanguard's Total bond fund (duration somewhere around 5 years) is composed solely of 5 year bonds? O...
by jimkinny
Wed Dec 24, 2014 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Simplifying by dropping REIT and TRF
Replies: 6
Views: 1209

Re: Simplifying by dropping REIT and TRF

What is your plan? Do you have any idea of what asset allocation you want and how what you own fits that plan? I do not understand what your are doing? You have some of this, some of that, a little here..... You might want to spend some time on the Boglehead Wik reading about plans, allocation etc.....

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