Search found 8021 matches

Return to advanced search

Re: Deciphering true expenses of GMO/Wells Fargo fund of fun

WABIX is an absolute return fund. Doesn't seem to be anything like GBMFX.

Paul
by pkcrafter
Mon Sep 01, 2014 8:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Deciphering true expenses of GMO/Wells Fargo fund of funds
Replies: 2
Views: 166

Re: An inefficient market creating drag on index returns

D. Edelstein, the cost problem may not be as big as you think, but let's look at your alternative strategy. Are you proposing a 100% stock portfolio now now until you retire? If not, what would be the asset allocation? How many stocks from the S&P500 would you own to insure diversification? What...
by pkcrafter
Mon Sep 01, 2014 5:33 pm
 
Forum: Investing - Theory, News & General
Topic: An inefficient market creating drag on index returns
Replies: 25
Views: 1224

Re: Should I bite the bullet and pay 50k in fees?

I agree, you need to find out some things, but I wouldn't put much trust in this advisor. I specifically remember my financial advisor saying something along the lines of "you will have to pay a large amount in taxes, but that means your investment did well and you made a lot of money." Th...
by pkcrafter
Mon Sep 01, 2014 3:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and pay 50k in fees?
Replies: 37
Views: 3341

Re: An inefficient market creating drag on index returns

Welcome, You are right about cost, but can you explain how this works-- The only way to avoid these losses is to deal with the market as little as possible (on initial investment and final withdraw). Are you saying you will invest in some number of individual stocks instead of index funds and hold t...
by pkcrafter
Mon Sep 01, 2014 2:42 pm
 
Forum: Investing - Theory, News & General
Topic: An inefficient market creating drag on index returns
Replies: 25
Views: 1224

Re: Advisor says managed retirement plan, I'm not so sure.

jg, Menel has updated his OP with the funds in the TR fund. I don't think you can find a Blackrock TR fund with an ER as low as the one offered that isn't index based.

Here's Blackrock index TR fund info.

http://www.blackrock.com/investing/products/227850/

Paul
by pkcrafter
Mon Sep 01, 2014 1:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advisor says managed retirement plan, I'm not so sure.
Replies: 13
Views: 1174

Re: Should I bite the bullet and pay 50k in fees?

It may help when you talk to the advisor, but for now it sounds like this advisor really did a number on you. Can't be sure yet, but it does sound like he cashed out your original annuity that contained tax-deferred growth and then he sold you a new one. If that's true, file a complaint with the SEC...
by pkcrafter
Mon Sep 01, 2014 1:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and pay 50k in fees?
Replies: 37
Views: 3341

Re: 2 Piece Retirement Portfolio

John and Bertilak, I agree that this plan contains a floor and an upside strategy that aims for maximum returns. Starbux has the ability to take that much risk, but he doesn't have the need, which is always the case for those who have ability. If the plan flops he may miss out on doing things he'd l...
by pkcrafter
Mon Sep 01, 2014 12:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: 2 Piece Retirement Portfolio
Replies: 18
Views: 1033

Re: Advisor says managed retirement plan, I'm not so sure.

Managed index funds? Blackrock offers TR funds in both active and index. Are the Blackrock target retirement (TR) funds using index funds? What is the expense ratio? Looking at the BlackRock LifePath site, the actively managed ones are called "LifePath 20XX" and the index ones are called ...
by pkcrafter
Mon Sep 01, 2014 12:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advisor says managed retirement plan, I'm not so sure.
Replies: 13
Views: 1174

Re: 2 Piece Retirement Portfolio

I'm tending to support dbr's comments for another reason--I don't understand going 70-80% stock for money desired in 10 years. I realize this money actually isn't needed, but it is desired for pleasure, so why take the risk of not having it when you want it.


Paul
by pkcrafter
Mon Sep 01, 2014 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: 2 Piece Retirement Portfolio
Replies: 18
Views: 1033

Re: "Absolute Return" Using Index Funds?

Stanchion wrote: Yes, I agree that trying to time the market is a lesson in futility. I personally wouldn't try such a strategy with my money. I was more interested in this as sort of an intellectual exercise. That is, if it's possible to use historical data from 2008-09 to construct an index fund p...
by pkcrafter
Sun Aug 31, 2014 10:25 pm
 
Forum: Investing - Theory, News & General
Topic: "Absolute Return" Using Index Funds?
Replies: 18
Views: 1782

Re: Market Corrections — Befriending the Beast

LadyGeek, I think what is useful and different in the charts posted by simplegift is the intra-year declines and the corresponding year returns. Almost every year has a negative drop, but in most years the return is positive. The charts are another way of showing the normal occurrence of volatility....
by pkcrafter
Sun Aug 31, 2014 10:05 pm
 
Forum: Investing - Theory, News & General
Topic: Market Corrections — Befriending the Beast
Replies: 18
Views: 2739

Re: Market Corrections — Befriending the Beast

Thanks for the drawdown charts, SG. They are Wiki-Worthy.

Paul
by pkcrafter
Sun Aug 31, 2014 8:40 pm
 
Forum: Investing - Theory, News & General
Topic: Market Corrections — Befriending the Beast
Replies: 18
Views: 2739

Re: No advantage of Slice and Dice vs 3Fund?

baw703916 wrote:
livesoft wrote:Can you rebalance into SCV after it trails for a few years? Nowadays, it might be, can you buy foreign equities or emerging markets equities even though they have trailed US equities for some time?


That's why this approach works, because most people can't follow it. :)


Precisely!

Paul
by pkcrafter
Sun Aug 31, 2014 8:33 pm
 
Forum: Investing - Theory, News & General
Topic: No advantage of Slice and Dice vs 3Fund?
Replies: 41
Views: 2491

Re: Advisor says managed retirement plan, I'm not so sure.

Then 2 years ago, work clamped down and restricted fund options, locked us down to a handful of Blackrock managed index funds. Managed index funds? Blackrock offers TR funds in both active and index. Are the Blackrock target retirement (TR) funds using index funds? What is the expense ratio? I'm no...
by pkcrafter
Sun Aug 31, 2014 3:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advisor says managed retirement plan, I'm not so sure.
Replies: 13
Views: 1174

Re: 2M trust.. Interviewing Advisor.. Advice?

If we weren't planning on spending some of the money on regular tuition payments I would just put into vanguard funds and forget about it until retirement, but will need advice on how to best handle tuition withdrawals. I think readers are still not understanding the problem here. I'll suggest you ...
by pkcrafter
Sun Aug 31, 2014 12:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: 2M trust.. Interviewing Advisor.. Advice?
Replies: 11
Views: 1285

Re: POLL: Breaking up with advisor

Well, 45 posts now, but there must be 50 ways to leave your advisor. :happy

Paul
by pkcrafter
Sat Aug 30, 2014 11:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Breaking up with advisor
Replies: 47
Views: 2857

Re: Can I give financial advice without being certified?

Don't provide advice; provide information.

Paul
by pkcrafter
Sat Aug 30, 2014 10:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Can I give financial advice without being certified?
Replies: 6
Views: 801

Re: Why is my 401k and taxable considered "One Portfolio"?

Theoretical question: Each account has different investment goals (retirement vs. 15yr wealth accumulation).... Shouldn't they thus have different AA's? Yes, they should. These are separate accounts with separate goals. Practical question: My 401k and taxable has equal balances ($200k each). If I t...
by pkcrafter
Sat Aug 30, 2014 3:38 pm
 
Forum: Investing - Theory, News & General
Topic: Why is my 401k and taxable considered "One Portfolio"?
Replies: 13
Views: 1014

Re: Does your employer still offer pensions to new hires?

Both my wife and I are considering eventually leaving our employers but are right now limiting our options to employers that still offer a defined pension program. Whether a company had a pension plan or not would not be a top priority for me. There are certainly more important considerations than ...
by pkcrafter
Sat Aug 30, 2014 12:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does your employer still offer pensions to new hires?
Replies: 54
Views: 3541

Re: 2M turst.. Interviewing Advisor.. Advice?

We will be adding 500K into that in the next few years. My husband really wants us to use his parents' FA to handle the trust. Be careful here. From the linked chapter on advisors: Independence Do not hire anyone you cannot fire without personal repercussions—friends, family, members of church or s...
by pkcrafter
Sat Aug 30, 2014 12:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: 2M trust.. Interviewing Advisor.. Advice?
Replies: 11
Views: 1285

Re: Financial Planners, DFA, and your opinions please!

Welcome abc550, If you would like to use an advisor, that's fine; however, your expectations on the precision an advisor can provide on the best decisions about the future are not possible. The best reason to hire an advisor is to eliminate behavioral mistakes, but it doesn't sound like you would be...
by pkcrafter
Sat Aug 30, 2014 11:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Planners, DFA, and your opinions please!
Replies: 25
Views: 1069

Re: 2M turst.. Interviewing Advisor.. Advice?

Here's a link for information on choosing an advisor. Just scroll down to the the section, Choosing an Advisor.

http://investingroadmap.wordpress.com/2011/02/22/chapter-10-on-your-own-or-hire-an-advisor/

Vanguard is working on a new advisory service that will charge 0.3%.


Paul
by pkcrafter
Sat Aug 30, 2014 10:14 am
 
Forum: Investing - Help with Personal Investments
Topic: 2M trust.. Interviewing Advisor.. Advice?
Replies: 11
Views: 1285

Re: Resetting Equity Target -a.k.a Portfolio Allocation

Appreciate your thoughtful replies and I have reviewed the link and I'll certainly save it for future reference. -Other assets include the home and possessions- $600K or so. - No huge expenses on the horizon - We're 59 and 61 (me) and SS at will be $65-70K - Expenses: $100K/year - Our adviser uses ...
by pkcrafter
Sat Aug 30, 2014 10:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Resetting Equity Target -a.k.a Portfolio Allocation
Replies: 19
Views: 1132

Re: How low can Vanguard Fees Go?

Won't go any lower, and may even rise slightly.

Paul
by pkcrafter
Fri Aug 29, 2014 11:24 pm
 
Forum: Investing - Theory, News & General
Topic: How low can Vanguard Fees Go?
Replies: 32
Views: 2175

Re: Vanguard Fund w/ Tax-Efficiency

Is this your money, or money the relative has asked you to manage? If it's the relative's money, how old is he/she and what is his/her risk tolerance? Will t his money actually be needed at a certain time?

Paul
by pkcrafter
Fri Aug 29, 2014 9:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund w/ Tax-Efficiency
Replies: 8
Views: 659

Re: Lobbying for After-Tax 401(k) & In-service Withdrawal

The 401(k) is a safe harbor plan. I would like to add the options to contribute to After-tax subaccounts and in-service withdrawals, or at least conversion to the existing Roth 401(k). As you know, some plans do have Roth contribution, after-tax contribution, and 401k loans, but not withdrawals. Th...
by pkcrafter
Fri Aug 29, 2014 9:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lobbying for After-Tax 401(k) & In-service Withdrawal
Replies: 2
Views: 240

Re: AA of 60/40 for your Lifetime?

Toons wrote:In my observation 60/40 is a comfortable sweet spot for investing.Not too hot ,not too cold,,during bull or bear. :happy


Yes, the Goldilocks Allocation. :happy


Paul
by pkcrafter
Thu Aug 28, 2014 9:51 am
 
Forum: Investing - Help with Personal Investments
Topic: AA of 60/40 for your Lifetime?
Replies: 27
Views: 2307

Re: Change broker for sign up bonus

Paul: Why would you not go to Merrill? I would never become a member of an organization that would want me as a member. :D They have no standards! Besides, Merrill is a high cost firm. The offer is pure bait. Merrill wants to extract your money from you. And take a look at this Google page. https:/...
by pkcrafter
Wed Aug 27, 2014 9:50 pm
 
Forum: Investing - Theory, News & General
Topic: Change broker for sign up bonus
Replies: 11
Views: 906

Re: Change broker for sign up bonus

I wouldn't go to Merrill even if they paid me. :happy


Paul
by pkcrafter
Wed Aug 27, 2014 7:26 pm
 
Forum: Investing - Theory, News & General
Topic: Change broker for sign up bonus
Replies: 11
Views: 906

Re: Really dumb question from a newbie. passive investing

camptalcott, it's not a dumb question at all. There is some confusion because the definition varies, but the generally accepted definition of "passive" simply means using index funds. Here's an article where the author, Cullen Roache, tries to explain "passive" investing as he se...
by pkcrafter
Wed Aug 27, 2014 3:32 pm
 
Forum: Investing - Theory, News & General
Topic: Really dumb question from a newbie. passive investing
Replies: 6
Views: 774

Re: Catastrophe Brewing - Longevity

Another clue: U.S. population and age distribution. This could mean problems for longevity insurance and even SPIAs if the insuring companies don't get it right. U.S. Population and Age Distribution 1900 and projected to 2060 http://www.calculatedriskblog.com/2014/02/by-request-repeat-us-population-...
by pkcrafter
Wed Aug 27, 2014 11:11 am
 
Forum: Investing - Theory, News & General
Topic: Catastrophe Brewing - Longevity
Replies: 12
Views: 2485

Re: Newbie Seeking Portfolio Guidance

"Members of the uniformed services: The penalty tax
does not apply to any portion of a TSP distribution
(including a loan) which represents tax-exempt contributions
from pay earned in a combat zone."

Thanks, Dan. I didn't know that.

Paul
by pkcrafter
Sat Aug 23, 2014 7:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie Seeking Portfolio Guidance
Replies: 12
Views: 1299

Re: Thanks from a long time lurker

Nice first post. Welcome, you are already paying it forward for the benefit of other new posters.

Paul
by pkcrafter
Sat Aug 23, 2014 2:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Thanks from a long time lurker
Replies: 5
Views: 701

Re: Spouse not ready to cut ties with financial advisers

Miakis wrote: The 12b-1 fees are only charged on our taxable accounts. I'm trying to figure out what this means. A 12-b1 fee is embedded in the expense ratio, and it's extracted before total return is posted. In the case of your funds, they all have a12-b1 fee of 0.25%, which is pretty normal. In so...
by pkcrafter
Sat Aug 23, 2014 2:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Spouse not ready to cut ties with financial advisers
Replies: 112
Views: 8733

Re: Help please with revised plan for living in retirement

If you put 132k into Wellesley and keep 175k in cash, you have an effective asset allocation of 17% stock, 25% bond, 58% cash. I don't think that's a good idea for a 10 year time frame. And actually, your time frame is much more than 10 years. What your plan does is start now with a very low allocat...
by pkcrafter
Sat Aug 23, 2014 1:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help please with revised plan for living in retirement
Replies: 15
Views: 2776

Re: Financial Advisor Compensation

I have one account with a full-service brokerage firm. I am a buy-and-hold investor and right now I do no trading (at most once a year rebalance a few ETFs). I do not have any wrap fees and all my assets are ETFs. My advisor is very keen on keeping my business but I don’t see how I benefit him fina...
by pkcrafter
Fri Aug 22, 2014 10:20 pm
 
Forum: Investing - Theory, News & General
Topic: Financial Advisor Compensation
Replies: 36
Views: 2855

Re: Why don't utilities get any praise

Maybe they are like Mel's unloved midcaps--they get no respect. :happy Utilities are riskier than they used to be, but still an option for the conservative investor. I would only hold them in a diversified portfolio though. Compare to consumer staples, VDC.

Paul
by pkcrafter
Fri Aug 22, 2014 9:24 pm
 
Forum: Investing - Theory, News & General
Topic: Why don't utilities get any praise
Replies: 39
Views: 3693

Re: New guy with questions about IRA, Roth, 401k

dd, investor1 has a good point about IRA eligibility. Phase out is between 60 and 70k. For Roth, it's 114k, so if you can't do the TIRA you can probably do a direct Roth contribution. Don't forget, your 401k contributions lowers your income for IRA purposes. You can also see that investor1 has menti...
by pkcrafter
Fri Aug 22, 2014 12:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: New guy with questions about IRA, Roth, 401k
Replies: 9
Views: 1041

Re: New guy with questions about IRA, Roth, 401k

Welcome dd, Here's a couple of points for your overall plan. No. 1, you are going to start at the bottom of the learning curve, so don't make any changes until you have the basics down and you have developed a plan. No. 2. The Bogleheads have a lot of resources in the Wiki and a great assortment of ...
by pkcrafter
Fri Aug 22, 2014 11:17 am
 
Forum: Investing - Help with Personal Investments
Topic: New guy with questions about IRA, Roth, 401k
Replies: 9
Views: 1041

Re: "including the possible loss of the money you invest"

technovelist wrote:What other kinds of risk are there? :confused

Has to be s-p-e-l-l-e-d out. There are some investors, even on this forum, who do not understand "possible loss of the money you invest" :happy

Paul
by pkcrafter
Thu Aug 21, 2014 10:33 pm
 
Forum: Investing - Theory, News & General
Topic: "including the possible loss of the money you invest"
Replies: 4
Views: 953

Re: Newbie Seeking Portfolio Guidance

Hi Dan, Duckie has provided a nice recommendation, so I just wanted to add a few additional comments. 1. Another consideration is that this account is exempt from any penalties (including the 10% early withdrawal), so would this money be better used elsewhere? I'm pretty sure you cannot withdraw fro...
by pkcrafter
Thu Aug 21, 2014 9:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie Seeking Portfolio Guidance
Replies: 12
Views: 1299

Re: portfolio turnover

Why does Vanguard Total Bond Market Index Fund (VBMFX) have such a high turnover (74%) and is this a red flag? Do bond indexes traditionally have such high turnover? How does affect tax on returns? Thanks Similar bond funds have over 200% turnover, Fidelity and PIMCO to name two. These bond funds a...
by pkcrafter
Wed Aug 20, 2014 10:18 pm
 
Forum: Investing - Theory, News & General
Topic: portfolio turnover
Replies: 9
Views: 939

Re: Newbie - Please evalute my allocation

Welcome, sorry to answer your question with questions, but.... You wanted an AA of 70/30, but the TR 2040-45 funds are 90% stock and your individual Roth is 70%. What's the max you can put into the individual 401k? In the 25% tax bracket, I wonder of it's wise to ignore the tax savings of using trad...
by pkcrafter
Wed Aug 20, 2014 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie - Please evalute my allocation
Replies: 6
Views: 387

Re: Retirement Planning

What % of assets will you be withdrawing first year of retirement? What % of assets will you be withdrawing after starting SS? What tax bracket will you be in? I'm asking because I'm having a hard time justifying converting to Roths while in the 25% tax bracket.

Paul
by pkcrafter
Wed Aug 20, 2014 1:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning, Conversions, SS, RMDs
Replies: 4
Views: 528

Re: Do we plunder our retirement to pay off student debt?

Part of deciding on the best overall plan is posting what you are now holding in the 401k and what low cost options you have. I would not use a 401k loan as an option in any pay-off strategy. Do you have an emergency fund? I'm mentioning these things because there is a big opportunity cost when usin...
by pkcrafter
Wed Aug 20, 2014 1:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do we plunder our retirement to pay off student debt?
Replies: 30
Views: 2606

Re: Vanguard as Very Long Term Stock Broker?

This strikes me as a very unusual thread. When I read the OP, I thought the replies would be about the folly of buying individual stocks and being on the wrong forum. Instead, all replies were on what is the best for trading stocks. When did we change? I'm confused. :confused

Paul
by pkcrafter
Tue Aug 19, 2014 12:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard as Very Long Term Stock Broker?
Replies: 18
Views: 1577

Re: Convincing fears on investing for now?

Ki_poorrichard, take a look at this article on market volatility. It should be clear that there is always something on the radar that will upset the apple cart. Dealing with this stuff is part of investing--the market is volatile and unpredictable. The best you can do is simply accept the buffeting ...
by pkcrafter
Tue Aug 19, 2014 12:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Convincing fears on investing for now?
Replies: 33
Views: 3325

Re: An Honest Stock Market Update

Thanks, brrrrillaint market report.

Paul
by pkcrafter
Mon Aug 18, 2014 5:33 pm
 
Forum: Investing - Theory, News & General
Topic: An Honest Stock Market Update - A good laugh
Replies: 17
Views: 2898

Re: Is the small cap value premium real?

William Sharpe's view, 1998, Revisiting the Capital Asset Pricing Model. Interview with Johnathan Burton. Maybe in an efficient market, small stocks would do better because they're illiquid, and people demand a premium for illiquidity That gets to be less compelling if you start thinking about mutua...
by pkcrafter
Mon Aug 18, 2014 12:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is the small cap value premium real?
Replies: 23
Views: 2872

Mutual Fund Expenses and Fees

Report from Investment Company Fact Book 2014 -- Trends in Mutual Fund Expenses

http://www.icifactbook.org/fb_ch5.html

Be sure to look at Ch 2, Recent Mutual Fund Trends. Links on left side of page.



Paul
by pkcrafter
Mon Aug 18, 2014 12:55 am
 
Forum: Investing - Theory, News & General
Topic: Mutual Fund Expenses and Fees
Replies: 1
Views: 431
Next

Return to advanced search