Search found 831 matches

by teacher
Tue Aug 25, 2015 7:30 am
Forum: Investing - Theory, News & General
Topic: Who's selling now?
Replies: 63
Views: 6444

Re: Who's selling now?

I sold equities in the tIRA and bought equities in the ROTH. I will do the same on the fixed side when we have another downturn. Too chicken to do it all at once.
by teacher
Mon Aug 24, 2015 10:27 am
Forum: Investing - Theory, News & General
Topic: Market timing, but......
Replies: 4
Views: 551

Re: Market timing, but......

Thank, everyone. Now I can make the conversion with a sense of impunity. :happy
by teacher
Mon Aug 24, 2015 10:01 am
Forum: Investing - Theory, News & General
Topic: Market timing, but......
Replies: 4
Views: 551

Market timing, but......

For the past few years, we have been converting our tIRAs to ROTHs. My question is, is there a better time to convert, funds being identical? Logic tells me, now, when the market is in the downward direction, would be a better time, since there would be less tax consequence on the sale of the tIRA. ...
by teacher
Thu Aug 06, 2015 11:53 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate Question
Replies: 17
Views: 1593

Re: Safe Withdrawal Rate Question

The article quote below uses " rea l growth", so I assumed the mentioned 4.4 percent would be expected real return. In any case, it seems this would be a worse case scenario and one we can only hope is an ultra-conservative expectation. “The expected return of bonds is equal to the beginni...
by teacher
Wed Aug 05, 2015 11:09 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate Question
Replies: 17
Views: 1593

Re: Safe Withdrawal Rate Question

The answer to this question is unclear to me because the wiki SWR phrase says, "not lead to portfolio failure; failure being defined as a 95% probability of depletion to zero at any time within the specified period." which to me means, the initial investment when withdrawals begin will mos...
by teacher
Wed Aug 05, 2015 9:34 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate Question
Replies: 17
Views: 1593

Safe Withdrawal Rate Question

The answer to this question is for my son who is just starting investing. He thinks his portfolio could continue to grow and leave an inheritance for his children if he withdraws a small percentage (under 4% adjusted for inflation) during 30 years of retirement. I used some assumptions taken from th...
by teacher
Wed Aug 05, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Very helpful advice, mephistophles (and thanks for the title, BL). Before this insurance issue surfaced, I was thinking along those lines. You have given me specific options to consider. Also, I have decided I need to encourage my sons to familiarize themselves with investing. I think that is the ke...
by teacher
Sat Aug 01, 2015 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Ralph asked; Is it likely that when they turn 65, you will be in a position to make this purchase for them? That would be a 30 year wait for my oldest. I would be 97. :? I think I would rather suggest they take out an Immediate Annuity with a portion of their inheritance if they wish to have some gu...
by teacher
Sat Aug 01, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Using simple logic, that is what I thought, nisiprius, but I wasn't sure insurance companies would acknowledge the payout would be shorter so they could afford to pay out higher annuities. From the beginning, (and I told the agent this) I was considering Immediate Annuities, primarily because Taylor...
by teacher
Sat Aug 01, 2015 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Ralph, Interesting. A payout of $1,449/mo benefit starting at age 65 for $100,000 today, would be much better than the SWR the death benefit would generate on the Indexed Universal Life product. I was thinking of an Immediate Annuity purchased just before they retire because I think the payout would...
by teacher
Sat Aug 01, 2015 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Very interesting take on the situation, dhodson. I hadn't thought of things from that angle. I will certainly take it under consideration. And we do intend to start gifting this year. It will give us a chance to see how the boys do with investments. I still haven't given up on the SPIA idea, though....
by teacher
Sat Aug 01, 2015 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

You make a good point, Novine: Otherwise, you leave the agent the opening to explain why product X isn't like those other products you've read about or how perhaps you misunderstood the product or the 100 reasons why your concerns are unfounded. It may be my attempt to explain why the product is not...
by teacher
Sat Aug 01, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Excellent! Thanks once again, nisiprius. This should provide the background information I need to respectfully decline the product. I know I seem too worried about the agent's feelings, but he truly deserves every consideration. The issue he resolved would have gone to the insurance commissioner or ...
by teacher
Sat Aug 01, 2015 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

THANK YOU, nisiprius. While I don't think this scenario would allow the policy to lapse since it is paid off in three years, I appreciate knowing this should my sons get a visit from an insurance agent. But you make a salient point regarding dividends. You have clearly explained how the S&P 500 ...
by teacher
Sat Aug 01, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

TNL said:
You are not obligated to purchase a product that you do not want or need.

I don't feel obligated at all. I just want to give the agent the courtesy of telling him why it is not a good fit, but I need to understand the product to do that.
by teacher
Sat Aug 01, 2015 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Are they incapable of handling money? Couldn't you just give them the money now or will it at your death? Perhaps a trust of some kind would make sense. Neither son is in debt and they both budget well. One has invested with my help; the other just started investing in a Target Date fund and has a ...
by teacher
Sat Aug 01, 2015 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Re: Is Indexed Universal Life Insurance Best Legacy?

Pensions and social security are at risk. It would be a comfort to know they have guaranteed income to supplement what they save on their own. (An annuity would only be a small portion of their legacy.)
by teacher
Sat Aug 01, 2015 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 1891

Is Indexed Universal Life Insurance Best Legacy?

First, I want to preface this with the fact that my parents died “insurance poor”. They could not pay premiums in their later years so the policies lapsed. In their day, people did not invest in the stock market as much as buy life insurance. My father was intelligent, but information about investin...
by teacher
Tue Jul 07, 2015 9:58 am
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

That explains why the pieces seem identical. Maybe they just go through a broker as you indicated DTSC. I have no doubt the furniture is actually made by the Amish. I would love to visit their factory. Their outfit is in OH, just over two hours from my sister in PA. That's a little more than going f...
by teacher
Tue Jul 07, 2015 9:01 am
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

Yesterday afternoon, stain samples I had ordered from "Online Amish Furniture" came in the mail, and one matches our new cabinets perfectly. Last night, I checked out all of the Amish furniture company suggestions on this thread. Some have identical tables and chairs which makes me think t...
by teacher
Mon Jul 06, 2015 4:30 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

Very helpful, cadreamer. That gives me a ballpark of what to expect in cost.

I love living in California, and in spite of all it's warts, I have decided to stay put for the duration. I hope your dream comes true.
by teacher
Mon Jul 06, 2015 12:20 pm
Forum: Personal Consumer Issues
Topic: Vanguard's Security image going away?
Replies: 81
Views: 8328

Re: Vanguard's Security image going away?

I clicked on what appeared to be login link for Vanguard, and noticed there was no security image so I backed out and typed in vanguard.com instead. Not sure if that was necessary, but I like the image because it seems to identify whether the site is indeed, Vanguard.
by teacher
Mon Jul 06, 2015 11:31 am
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

Thanks, cadreamer. "Amish Tables" has the table and chairs I have found on "Amish Furniture Online". I'll compare prices. Since your screen name is cadreamer, does that elude to "California Dreamer"? If so, was the shipping cost to California crazy money? I really appre...
by teacher
Mon Jul 06, 2015 9:06 am
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

This week I will call "Center of the World" mentioned by GlobalViewer, "Homestead Furniture" mentioned by Ketewa and "Gish's" mentioned by canderson. If these, or "Online Amish Furniture" mentioned by DTSC don't pan out, I will try to visit an outlet next time...
by teacher
Sun Jul 05, 2015 11:11 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

Thanks, Ketawa. Just checked and Homestead Furniture has 36" tables. I will look into that company as well. Much appreciated.
by teacher
Sun Jul 05, 2015 10:29 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Re: Amish furniture maker recommendation

DTSC wrote: We bought a bedroom set from this company 12 years ago. It was the largest purchase I ever made without looking at the product in a showroom but we were not disappointed. The prices are fair. The quality is much higher than what you'd get at a chain furniture retailer for the same price....
by teacher
Sun Jul 05, 2015 4:23 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 2041

Amish furniture maker recommendation

We need a small, round, cherry-wood dining table (36"–38") and four chairs to match our new cherry kitchen cabinets. They will need to fit in a 7'6" square area. After an extensive search in brick-and-mortar stores and online, I have come to the conclusion our best bet is to order onl...
by teacher
Sun Jul 05, 2015 10:22 am
Forum: Personal Consumer Issues
Topic: MacBook Air - power issues
Replies: 16
Views: 2185

Re: MacBook Air - power issues

Mudpuppy wrote:
Since Apple Care is essentially an extended warranty, it would not fall under the same provision.


Thanks, Mudpuppy. You saved me a birdwalk to nowhere.
by teacher
Sat Jul 04, 2015 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Elder planning
Replies: 6
Views: 947

Re: Elder planning

It's a personal preference, so if you haven't already, you might want to talk to your mom about what her preference is. How about in-home care, or a Golden-Girls arrangement instead of a nursing home? We plan to avoid a nursing home at all costs after having seen three of them when my mom was in two...
by teacher
Sat Jul 04, 2015 11:57 am
Forum: Personal Consumer Issues
Topic: can you recommend comfortable walking shoes?
Replies: 48
Views: 4943

Re: can you recommend comfortable walking shoes?

Merrell shoes got me through three days at Disneyland. Our contractor told me about them just before our trip. So, I bought a pair at the outlet store hoping they would work for me. I could walk the two parks from dawn to dark and stand in line for hours just like everyone else. My family was amazed...
by teacher
Sat Jul 04, 2015 11:47 am
Forum: Personal Consumer Issues
Topic: MacBook Air - power issues
Replies: 16
Views: 2185

Re: MacBook Air - power issues

SteveM said:'
Or bought it with a credit card that doubles the warranty.


Which credit cards double the Apple Care warranty?
by teacher
Fri Jun 19, 2015 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Utah ESP to Vanguard 529 Plan?
Replies: 3
Views: 541

Re: Rollover Utah ESP to Vanguard 529 Plan?

I was searching for pros and cons for 529 plans, and alternative ideas for college savings and found this orphan post. So Bump!
by teacher
Sun May 17, 2015 11:04 am
Forum: Investing - Theory, News & General
Topic: The upside of living longer
Replies: 11
Views: 2450

Re: The upside of living longer

I was playing around with Fidelity's Minimum Required Distribution Calculator a while back to see what our projected account balances would be each year after RMDs if we made no additional withdrawals. I was shocked to find the portfolio will grow until age 98, then it will shrink to 9.7% of the ori...
by teacher
Wed Apr 29, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Help Choosing Survivor Pension Option (50% vs 100%)
Replies: 25
Views: 2081

Re: Help Choosing Survivor Pension Option (50% vs 100%)

I choose 100% for DH purely on emotional basis. My thinking was, if I pass before him, the last thing I want is for him to have to deal with reduced guaranteed income, even though the portfolio would easily make up the difference.
by teacher
Thu Apr 16, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

SkierScott wrote: Hey Teacher, just curious what you ended up doing? Funny you should ask today. A couple hours ago, I signed the papers to sell. It was on the market seven days. Many were interested in the property, there was a very active open house, and my agent expected multiple listings. Since ...
by teacher
Sat Feb 07, 2015 9:46 am
Forum: Investing - Theory, News & General
Topic: Surviving the Tax Bite of RMD Withdrawals in Retirement
Replies: 79
Views: 7709

Re: Surviving the Tax Bite of RMD Withdrawals in Retirement

randomguy wrote: I am curious were the tax brackets adjusted for inflation? I don't see how you turn 250k into 8 million without assuming high return (10% nominal is possible. 10% real is really optimistic) and long time period (35+ years). In 35 years at 3% inflation (historical normal) you are tal...
by teacher
Tue Feb 03, 2015 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Questions about Pension and Retirement Investing
Replies: 6
Views: 1081

Re: Questions about Pension and Retirement Investing

When do you plan to retire? Most here plan for a 30 year retirement. We did not consider my defined pension during our accumulation years because we were not sure what we would need during retirement. We saved as much as we could, living a frugal lifestyle with no debt, an emergency fund and with fi...
by teacher
Fri Jan 23, 2015 12:04 pm
Forum: Investing - Theory, News & General
Topic: Surviving the Tax Bite of RMD Withdrawals in Retirement
Replies: 79
Views: 7709

Re: Surviving the Tax Bite of RMD Withdrawals in Retirement

To access the article in a backdoor kind of way, go to:
http://www.bullfax.com/?q=node-survivin ... retirement

Then go to the right top corner and click where it says, "Original article".
by teacher
Mon Jan 19, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: A quick poll--pension annuity vs. lump sum
Replies: 62
Views: 4740

Re: A quick poll--pension annuity vs. lump sum

BigJohn wrote: Bill M, no argument with the point that many aspects of this are a risk management decision but I don't think it's as simple as saying the annuity is the lower risk option. If your annuity does not have a COLA then you can't ignore the risk of inflation that comes with that choice. I ...
by teacher
Fri Jan 16, 2015 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: How do I retire?
Replies: 53
Views: 5359

Re: How do I retire?

With $5.2 million in assets at Vanguard, you qualify for Flagship Status and are allowed a personal representative, a Certified Financial Planner professional for "guidance on particular financial issues as they arise" , and "A Vanguard Financial Plan for long-range planning by a CFP ...
by teacher
Fri Jan 16, 2015 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: A quick poll--pension annuity vs. lump sum
Replies: 62
Views: 4740

Re: A quick poll--pension annuity vs. lump sum

My pension and DH's Social Security meet our basic expenses at the moment. DH had a choice of a pension or a lump sum. He chose the later and invested all of it in a Stable Value fund. SV replaces the bonds allocation in our portfolio. We want the option of passing on an inheritance to our heirs. Bu...
by teacher
Fri Jan 09, 2015 10:14 am
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEAD CONTEST REGISTRATION
Replies: 556
Views: 23297

Re: 2015 BOGLEHEAD CONTEST REGISTRATION

Look how much this contest has grown since it's inception with another day to go: 2014–503 (14 experts) 2013–433 (11 experts) 2012–410 (14 experts) 2011–369 (6 experts) 2010–282 (10 experts) 2009–64 (15 experts) 2008–297 (13 experts) 2007–309 (12 experts) 2006–274 (12 experts) 2005–270 (10 experts) ...
by teacher
Fri Jan 02, 2015 5:45 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

If the return is only 3% on a rental property with no mortgage and with a positive cash flow of approximately $500 a month, and considering 1-2% for maintenance/repairs on approximately $200,000 value, in what scenario would a rental be a positive, preferred asset? How would it have to pencil out to...
by teacher
Thu Jan 01, 2015 2:58 pm
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEAD CONTEST REGISTRATION
Replies: 556
Views: 23297

Re: 2015 BOGLEHEAD CONTEST REGISTRATION

2233.0
fingers crossed
by teacher
Wed Dec 31, 2014 12:44 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

ILike Jack asked: You received an inheritance. It happened to be a house. If it happened to have been cash instead, would you now be looking to invest that cash in a rental property? Actually, I will need to pay one of my siblings cash for his third of the property inheritance. That could amount to ...
by teacher
Tue Dec 30, 2014 4:39 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

I have read one should save between 1% to 2% of the value of rental property for repairs, annually. If that's a good rule of thumb, that would require setting aside $166 – $333 monthly. That plus the other expenses I mentioned leaves maybe $523 – $690 positive cash flow if we could rent it for $1,20...
by teacher
Tue Dec 30, 2014 2:20 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

I did not make it clear, that is $1,200 a MONTH, not a year. Does that change your opinion? This year, property tax is $115 monthly, and property insurance is $40 a month. Both will go up next year. I think we would have to pay garbage and sewer which is $35 a month now. I don't know what a property...
by teacher
Tue Dec 30, 2014 12:22 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

Easily Confused asked: How much is the house worth? How much rent can you get for a similar property in your area? Without knowing those numbers it's hard to give specific advice. The house is small, less than 1,000 square feet on a zero lot line. It has two bedrooms, two baths, a great room with a ...
by teacher
Tue Dec 30, 2014 12:40 am
Forum: Investing - Help with Personal Investments
Topic: 'time in' the market vs 'timing' the market
Replies: 37
Views: 2621

Re: 'time in' the market vs 'timing' the market

Thank you all for responding to a well worn topic. I gleaned a better perspective from your eclectic viewpoints, and I will share them with my son who will make the ultimate decision. The more input, the better educated his decision will be. Midareff makes a good point; "A large part of investi...
by teacher
Mon Dec 29, 2014 11:26 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Pros/Cons
Replies: 53
Views: 6031

Re: Rental Property Pros/Cons

That would have applied when we had our rental in the '90s, but not any more, Watty. We never considered that risk decades ago, and should have.

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