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I have had VG STB fund as part of my cash reserves for many years. I have never had to take any principle cash out, so all I do is reap the monthly distributions.

I have person in the financial services industry constantly bringing up the subject of long term care insurance. That's the job (requirement) of a salesman. If you do not buy, his family can not eat. As indicated previously, we have had many discussions and polls on LTCi in the past and will probab...

Thanks for the link to the story. If, instead of trying to pick a fund that will beat the market, and pick times to be in the market, you just buy and hold a low-cost index fund, you will be guaranteed to beat 90% of funds over the long haul. We have seem a number of these kind of stories over the p...

I have been viewing a number of threads, here and elsewhere, that include many contributors wringing their hands about bonds and quoting Buffet and other gurus about the advisability of dumping bonds "at this time." I have been tempted to horn in on the conversation and mention staying the...

We met with a CFP (recommended by a knowledgeable friend) who wants to manage our funds for 1% a year of the money invested (any trading fees included in the 1%). He seems to be legit (I did some checking) and it would be a fiduciary relationship . Q for OP~Unless the CPF is a Registered Investment...

My position was eliminated @ age 58. I scoped out the local jobs available, realized that my skills and income requirements were not attractive to the locals so I sucked up all of the workers comp that I could, evaluated my retirement stash and realised that we had plenty of retirement assets stashe...

I DVR the program occasionally. It seems to sum up what happened that day on WS. I'm not an enthusiast but if I take time to DVR it, I watch it and FF thru some portions of the offering.

Were it not for this thread, I doubt that I would even have given it a try.

Can I ask a stupid question? Is the policy in the OP's name? How can the OP be contractually bound by something like this insurance policy if it was created for him and in his name as a minor? I asked a simular Q about who actually owned the LI policy, but have yet to receive a response. Only the p...

Questions let me know...

Who is the current owner of this policy?

How much actual life insurance are we talking about? That important fact seems to be missing from the discussion.

It does seem that there are fewer really ugly plans than when I started watching a few years ago. I'm optimistic that future plans will improve as more people learn what we know here. Employees (plan participants) need to ask hard Qs from their employer and TPA. Employees need to understand that th...

(Previously I mentioned no sales tax. Yeah - that was a mistake. I meant state income tax.) Yea, I assumed that was what you meant. Texas will beat you up with 8-9% sales tax. Just don't buy anything and you can avoid that one. I can not defend TxDot repairing IH-35 as needed. Doesn't that happen o...

Have you driven I-35 between Dallas and San Antonio? I've seen much better highways in third-world countries. I have driven that stretch. My comparison of crappy roads is from my years of driving the highways of NY, NJ, PA, DE, and MD. Those states have roads that are torn up annually by freezing w...

No state sales tax in Texas is great. But then I hop on I-35 to visit my sister in Dallas and realize that I'm actually "paying" that tax in the form of dealing with crumbling infrastructure. I still like it here though. Other than Jerry Jones, what crumbling infrastructure in Dallas are ...

California has big real estate tax, big sales taxes, big income taxes, taxes cap gains at the same rate as earned income, except no tax at all on social security income. One saving grace.

Don't worry, they will get around to that one ASAP.

... and a wicked property tax. My prop taxes are much less than they would be for the same size home in NY. The Texas rate may be higher than in other states, but since prop values can be a fraction of those in other states, the actual taxes may be less. You make an excellent point livesoft. State ...

In my crazy years I was about 95/05 and really got beat up a number of time because of this aggressive AA. I saw a number of peaks and valleys in that time, but it taught me a very valuable lesson that I shall never forget~ The stock market ALWAYS comes back better than it was before and it was all...

will simply exclude the fund for your portfolio, on the basis of its expense ratio.assumer

My IPS does not address this as an aspect of my decision making process when it comes to my investments. ER is simply a part of the whole relative to other choices.

In my crazy years I was about 95/05 and really got beat up a number of time because of this aggressive AA. I saw a number of peaks and valleys in that time, but it taught me a very valuable lesson that I shall never forget~ The stock market ALWAYS comes back better than it was before and it was all ...

I read OP twice and I'm still not clear as to what you are asking. Others have responded (must get it) but I'm OTF (out there flappin) and still not comprehending...

Texas does not tax income. As big a fan of the state of Texas as I am, it is true that all personal income taxes are not due/payable in our state, however there is an 8-9% sales tax (depending on county) and a wicked property tax (unless you can qualify for an ag exemption, or 65 exemption, or disa...

In the near future I will be obliged to begin removing funds from my IRA. I will probably not need all of those funds to live on. My plan is to add any additional money that I have not needed to my current taxable TSM account. I receive quarterly distributions from the account so I will, in effect, ...

Come on folks ease off. Don't want to make LG unhappy...

When it became evident that I was indeed retired and not just unemployed I began to keep detailed records on expenses/income and then looked at the future, making predictions as to how much we needed to make it until 100. I was way too conservative and have not spent as much as I had planned for so ...

I did not expect our expenses to fluctuate too much after retirement and so far I have been correct. We have more to spend and more time to spend it but still it keeps pretty steady even w/o inflation factored in. We just spend it on different items.

Hey I thought that Mike sent that email on bonds for me only...Awsome Mike.

My first Bogle book. Can't recall which one, but since that time I have read every other one.

Happy BD Mr. JB.

With 6 retirement income streams and an IRA/Roth stash that I have yet to touch, I have no current or future need for an annuity. I do however, beleive that a low cost annuity (VG version) can be an awsome part of the right portfolio.

I had my saving in a fund which was not performing well (active). But now I am a strong believer of passive mgt. Best, Welcome here. Just curious, what turned the tide for you toward passive investing? (I was going to remark about your market timing statement, but thought it would be too much pilin...

I don't recall ever asking a restaurant for a special order as I can always find something on the menu that sounds good to me. But, in these shaky economic times, I am surprised that any eating establishment would not be happy to oblige a customer (guest?) in this simple way. After all, these places...

(A little background: I'm 23, discovered Bogleheads about 6 months ago and it's been transformative for me - so thank you all.)

AllySK... Nice Plan~easy to understand and easy to follow. You will be a wealthy Boglehead in the future. Don't ever forget that final line in your plan.

I'm leaning more toward a one-time fee only advisor and then some vanguard funds. Please share your thoughts. Thank you. VPvpotus Posts: 1 Joined: 4 May 2013 Private messageTop -------------------------------------------------------------------------------- Welcome here VP. If you feel that you nee...

Thanks for that ThePrune. I watched the one on retirement income and it was informative though I could read between the lines and see how the 3 guys were inching toward recommending an annuity. What would you expect, it was a New York Life produced video?

Still worth watching.

Thanks for that Dale. Sad story. Those teaching/guiding students @ Harvard don't get it either. Prof. Choi later ran a similar experiment using Harvard University staff. They also failed to pick the cheapest fund, and in a survey after the experiment listed fees as the fifth most important factor in...

3) Lastly should I decide to change my allocation of Stocks, Bonds and/or Cash how is this handled (with the IPS) so as to minimize emotional reactions to current events? I suppose, one could have it written in that should I decide to reallocate percentages - I will consider it on the date I review...

If teachers are having a difficult time with their own retirement plans and finances, would you really want those who don't have a clue doing the teaching? ..) Here in Texas it replaces social security . Not always. Only SOME school districts have opted out of SS while others continue to pay SS and...

If by investment plan you mean an IPS with an AA. Yes. I wrote it during a 6 month period making copious changes during that window less than 10 years ago. I have made no changes since it's completion and implementation. It has guided me quite well over that last decade. I expect it will continue to...

I am wondering if it is time for me to change the policy to remove *collision coverage. FWIW when I buy a new car I always include collision and comp. After about 3 years I delete collision but retain the comp. After about 3-5 more year the comp is deleted. Also I always have at least a $500 deduct...

While not a problem, being a career student is not always the best way to fund your retirement. Hiltonsmith is now a TV star and an "eminent authority" on retirement fees and mutual funds in general. Does anyone doubt that he will not be able to wrangle another "grant" so he can...

are Merrill Lynch, Smith Barney, etc. playing on the fears and ignorance of my friends and making a profit from it?

Of course they are. That is what successful salesman do.

The author seems to believe that indexing could actually be a factor in active fund underperformance. It's an interesting theory. Up until now potential negatives from indexing were mostly academic observations. NYU professor Jeffrey Wurgler’s 2010 paper “On the Economic Consequences of Index-Linked...

[quote="Khanmots it's charity...

That said, I was leaning towards feeling that somewhere around a 3-5% return over the course of the 30 days would be fair to both of us.[/quote]


Sounds like you already have an answer to your Q. After all, it's short term money anyway.

How often do you use 'past performance' data when buying a fund?

Did not respond to the poll.

My AA decides what I invest in. I took a lot of time to develop it and it has produced as I expected. If past performance is part of the decision-making process, so be it.

and I'm perfectly willing to accept the loss of the amount if things go bad. He provided me some help at risk of loss a decade back, least I can do is return the favor. If I lose the investment entirely it won't affect my retirement contributions or my emergency fund. I believe that this is the way...

To OP. Here is a recent LTC survey on actual costs state-by-state. Personally I am not a fan of LTCi as I believe it to be too costly and easy to alter future Insurance company premiums. Hope it helps in your search. https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/130568_032213_Cost...

We currently have an emergency fund valued at $61,695, which is more than 12 months of savings if we stripped out the amount we're putting towards savings and the day care/pre-school. The reason why we have the $61,695 number is if everything went wrong with our current situation (both lost jobs at...

Bloomberg just announced something similar called Bloomberg Black. Talk to a computer for only $100 per month.

But, I'm not black.

Nor is my computer.

My checking account is still evaluating the opportunity to release ONLY $100 to a computer to speak to.

^^^ The answer is somewhere in here: Engineering Thermodynamics :shock: Let's get back to easier turf - financial literacy. Thermodynamics is the study of the relationships between HEAT (thermos) and WORK (dynamics). Thus, it deals with energy interactions in physical systems. Classical thermodynam...

I am too much of a simpleton to understand the gold/silver/platinum markets. If I can not understand it in a plainly written paragraph, I must move on. Not sarcastic: can you really claim to understand stocks or bonds in a plainly-written paragraph? I'm going to attempt all three asset classes just...

My TSM taxable account sends the QY distributions to my checking account. I can spend it or invest it.

My taxable STB fund reinvests the distributions as I consider this part of my cash reserves and don't want or need the monthly distributions.

I makes sense to me. What works for you?