Search found 76 matches

Return to advanced search

[please delete]

[deleted]
by windfall900
Wed Apr 03, 2013 4:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: [please delete]
Replies: 1
Views: 168

Long-term muni fund is just 1 year longer duration for .6%?

Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX) SEC Yield: 1.6% Average Duration: 5 years Vanguard California Long-Term Tax-Exempt Fund Admiral Shares (VCLAX) SEC Yield: 2.27% Average Duration: 6.3 years How does one make the decision that intermediate term is better her...
by windfall900
Sat Mar 09, 2013 10:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Long-term muni fund is just 1 year longer duration for .6%?
Replies: 1
Views: 289

Should I pay off my mortgage?

I have a $1M mortgage and I'm trying to understand the optimal *financial* decision to make as far as whether to pay it down. I am young, risk tolerant and have a very large portfolio (many multiples the mortgage), so I am not concerned about the emotional aspect of it. This is more of an educationa...
by windfall900
Sat Mar 09, 2013 8:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I pay off my mortgage?
Replies: 2
Views: 422

Re: "Buying the distribution" -- Is this right?

So to be clear, if a fund has a dividend "record date" of 12/23 , a "reinvest date" of 12/27 and a "payable date" of 12/28, you shouldn't invest until the 28th?
by windfall900
Tue Dec 18, 2012 5:00 am
 
Forum: Investing - Help with Personal Investments
Topic: "Buying the distribution" -- Is this right?
Replies: 9
Views: 882

"Buying the distribution" -- Is this right?

I'm going to buy making some large investments soon but want to avoid "buying the distribution". Could you help me parse Vanguard's table of year-end distributions ? Is it correct that only the final 3 columns matter? For instance, 500 Index and most of the other funds on there do not have...
by windfall900
Wed Dec 12, 2012 2:18 am
 
Forum: Investing - Help with Personal Investments
Topic: "Buying the distribution" -- Is this right?
Replies: 9
Views: 882

Re: Bonds in a taxable account - use a variable annuity

Transitioning to JefNat would cut my fees by a few hundred dollars -- which is attractive but not compelling to me, especially given the (perhaps only "apparent") risk of switching to a lesser-known company. Why is this a risk given DDB's point above about company quality not mattering fo...
by windfall900
Sun Dec 09, 2012 2:05 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds in a taxable account - use a variable annuity
Replies: 18
Views: 2625

Re: Any experience with Jefferson National Monument Annuity?

Even if you traded 4 dozen times a year, it still beats Vanguard on my fund (Vanguard High-Yield Bond)...!
by windfall900
Sat Dec 08, 2012 7:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: Any experience with Jefferson National Monument Annuity?

Yup, everything in the prospectus points to yes. Very exciting to see others beating Vanguard on fees! Yes, if you make a single deposit of $1 million and never make another deposit or change your asset allocation. Now what if you deposit $50,000 a year for 20 years, put it into two funds, and make...
by windfall900
Sat Dec 08, 2012 7:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: Any experience with Jefferson National Monument Annuity?

livesoft wrote:^But that doesn't speak to question at hand: Are the fees really miniscule and lower than Vanguard fees? What are the real fees?


Yup, everything in the prospectus points to yes. Very exciting to see others beating Vanguard on fees!
by windfall900
Sat Dec 08, 2012 6:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: Any experience with Jefferson National Monument Annuity?

I've been there for awhile now. I love the annuity and the fee structure. It's about the same cost as owning an IRA. Lots of funds to chose from, even hedge funds, etc. Website works great. Highly recommended. I am just a contract owner and am not tied in any way to the company. Thanks EnlightenMe!...
by windfall900
Sat Dec 08, 2012 6:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: Any experience with Jefferson National Monument Annuity?

Sam I Am wrote:It looks as though the poster EnlightenMe hasn't visited since May, 2011.

You might send a PM to see if you get a response.

Sam I Am


Thanks, just did.
by windfall900
Sat Dec 08, 2012 6:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: What am I missing?

BTW, I updated the original post with a link to the prospectus (pdf).
by windfall900
Sat Dec 08, 2012 12:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: What am I missing?
Replies: 6
Views: 917

Re:

Thanks Mel, the funds being "walled off" confirms what others have told me, including Jefferson National, removing me from default risk of the insurer. Based on that, I think the risk should be pretty low in moving my VA's there. I really like their plain vanilla, low cost, multiple fund ...
by windfall900
Sat Dec 08, 2012 12:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any experience with Jefferson National Monument Annuity?
Replies: 23
Views: 2451

Re: What am I missing?

So you understated the difference. I read your OP as comparing 0.02% to 0.29%, a difference of 0.27%. Your updated comparison, using total ER, is 0.31% to 0.59%, a difference of 0.28%. That extra 0.01% savings makes a difference. :) My OP was just comparing the management overhead ("added annu...
by windfall900
Sat Dec 08, 2012 12:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: What am I missing?
Replies: 6
Views: 917

Re:

I saw this before, when I was looking for VA info and I was wondering if it was legit. This would be a no-brainer for rolling over my current VA. But I know nothing of the company and their prospects... Company-quality shouldn't matter too much. There's no surrender charges, and the assets are held...
by windfall900
Sat Dec 08, 2012 12:01 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds in a taxable account - use a variable annuity
Replies: 18
Views: 2625

Re: What am I missing?

That isn't an expense on top of all funds as far as I can tell. It's just saying that each investment portfolio comes with its own expense ratio, and those expenses range from 0.17% to 4.89% depending on which fund you choose. Here is their list of funds , and indeed that minimum/maximum lines up. T...
by windfall900
Sat Dec 08, 2012 11:39 am
 
Forum: Investing - Help with Personal Investments
Topic: What am I missing?
Replies: 6
Views: 917

What am I missing?

As you may know if you've followed my recent posts, I have decided to put a substantial amount of money (low 7 figures) into a variable annuity. I was planning to use a Vanguard Variable Annuity since it seemed to have the lowest cost. However, I recently discovered Jefferson National's Monument Adv...
by windfall900
Sat Dec 08, 2012 3:19 am
 
Forum: Investing - Help with Personal Investments
Topic: What am I missing?
Replies: 6
Views: 917

Re: Variable Annuity versus Charitable Remainder Trust

Windfall - Are the assets which are considering contributing to the CRT real estate or securities? If real estate, is it income or non-income producing real estate? Regardless as to whether it is real estate or securities, are the assets appreciated? Kiana Just plain old unappreciated securities/cash
by windfall900
Fri Dec 07, 2012 5:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity versus Charitable Remainder Trust
Replies: 19
Views: 1183

Re: Variable Annuity versus Charitable Remainder Trust

Windfall - If you are 29 I would absolutely not consider it unless you were thinking about a CRT that was for a term of years which cannot exceed 20 years. Most folks who consider CRTs providing lifetime income are generally 65+. There are exceptions, but that is a more typical age. In fact, a CRT ...
by windfall900
Fri Dec 07, 2012 5:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity versus Charitable Remainder Trust
Replies: 19
Views: 1183

Re: Possible to avoid Wells IRA transfer fee?

Wow, that's nuts. I had no idea that was possible. Too bad I already initiated a standard transfer.

When you do something like this, how do you manage to get the money back into the Roth on the receiving end without that brokerage thinking you're making some huge new contribution?
by windfall900
Fri Dec 07, 2012 1:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Variable Annuity versus Charitable Remainder Trust

Thanks kiana. Any thoughts on the role of age in a CRT? I'm 29 right now. Is a CRT effective/efficient at this age?
by windfall900
Fri Dec 07, 2012 1:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity versus Charitable Remainder Trust
Replies: 19
Views: 1183

Re: Possible to avoid Wells IRA transfer fee?

Two months ago I transferred out of Wells Trade to Vanguard and paid the $95 transfer fee. I had a Wells Trade taxable account and wish I had liquidated my ETF's before hand and just had the money transfered to Vanguard. Then a couple of weeks later I could have closed the account without a fee. I ...
by windfall900
Fri Dec 07, 2012 12:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Possible to avoid Wells IRA transfer fee?

If it's a Roth IRA, you can just liquidate and transfer the cash to VBS yourself (see the IRS publication for details). Let WF eat the fee. Using this method, I've never paid a transfer/closing fee for any brokerage, even when they have advertised one. It actually is a Roth IRA. Which IRS publicati...
by windfall900
Fri Dec 07, 2012 11:38 am
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Help me grow a huge windfall for charity

Paying down your 2.6% five-year ARM is equivalent to buying a five-year taxable bond (since the interest is deductible and you will be forced to buy a new "bond" in five years), with a 1.47% after-tax rate. Admiral shares of CA Intermediate-Term Tax-Exempt earn 1.48% tax-free and have a f...
by windfall900
Thu Dec 06, 2012 11:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me grow a huge windfall for charity
Replies: 58
Views: 3842

Re: Large portfolio -- Grateful for your advice

What makes EE bonds good is that they are guaranteed to double in value if you hold them for 20 years, even though the current interest rate is very low. If you buy $10,000 in EE bonds and sell then in 20 years in a 35% tax bracket, you will pay $3500 federal tax on the $10,000 gain and have $16,50...
by windfall900
Thu Dec 06, 2012 9:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Large portfolio -- Grateful for your advice

Dude. With all due respect to everyone on this thread, you are out of their league. This is not a 250k IRA. This is at least 10,000,000 dollars (before taxes I assume). You need to seek professional financial advice. Professional advice to legally lower your tax liability. You are already at the hi...
by windfall900
Thu Dec 06, 2012 9:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Large portfolio -- Grateful for your advice

ResNullius wrote:The minimum investment for Total Market Instituional Share is $100MM, which is more than 8 figures. Just saying.


That's incorrect. The minimum is $5M. You're talking about Institutional Plus.
by windfall900
Thu Dec 06, 2012 7:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Variable Annuity versus Charitable Remainder Trust

As I discussed in an earlier thread , I have a very large taxable portfolio and charitable inclinations. One idea pitched in that thread was setting up a variable annuity to hold certain high risk / high growth assets that I'd like to include in my portfolio. Lately, however, I've been learning abou...
by windfall900
Thu Dec 06, 2012 7:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity versus Charitable Remainder Trust
Replies: 19
Views: 1183

Re: Large portfolio -- Grateful for your advice

Not at all. Not from a tax planning standpoint, but rather asset protection only. Would the LLC issue a Form K-1 and pass through all investment income, gains, and losses? Thinking out loud for a moment. Hopefully some other Bogleheads weigh in. Hmm I haven't heard anything about that. I do have um...
by windfall900
Thu Dec 06, 2012 6:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Large portfolio -- Grateful for your advice

Just as a general comment, I think you need to get most of this money out of your personal finances. I don't know anything about how to do that, but it just seems like a good idea. On the other hand, as long as you want to pay taxes at this rate, you are helping reduce our federal deficit and your ...
by windfall900
Thu Dec 06, 2012 5:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Possible to avoid Wells IRA transfer fee?

This could be a point of confusion. Unlike other companies, Vanguard is split into Vanguard Brokerage Service (VBS - where you buy ETFs and stuff from companies other than Vanguard) and the mutual fund side of the house where you buy Vanguard mutual funds. People rarely complain about the mutual fu...
by windfall900
Thu Dec 06, 2012 5:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Large portfolio -- Grateful for your advice

You are the last person on the planet who should be using Roth 401k. Wait, what? Really? I thought Roth was what I was supposed to do. I will presumably be in the highest tax bracket my whole life from dividends alone, and I have a long time horizon. Don't I want the investments growing tax-free fo...
by windfall900
Thu Dec 06, 2012 5:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Possible to avoid Wells IRA transfer fee?

If by portfolio analyzer you mean Portfolio Watch, then you need to be aware that it has problems as discussed on the forum. But one can tell Portfolio Watch about holdings that are not held at Vanguard. So Portfolio Watch is not a reason to have everything at Vanguard. By "portfolio analyzer&...
by windfall900
Thu Dec 06, 2012 5:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Help me grow a huge windfall for charity

The question of tax-managed international has come up a few times and I did not see any comments about why not to use it. I would not use it because it only covers part of the market - only the developed country stocks and only large and maybe some mid caps. So you would be missing two important po...
by windfall900
Thu Dec 06, 2012 5:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me grow a huge windfall for charity
Replies: 58
Views: 3842

Re: Possible to avoid Wells IRA transfer fee?

There's no way to avoid it that I know. Someone in another thread suggested that you could do a 'partial' transfer of everything but one cent...? If I were going to change brokerages, I would not go to VBS. Hmm, so that's two people recommending against VBS. What are the reasons? I figured I just n...
by windfall900
Thu Dec 06, 2012 4:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re:

Since partial transfer seem to be free, there is obviously an easy way to make a full transfer out free. I would assume that the last "partial" transfer would be viewed as an account close out and would therefore trigger the $95 fee. You could leave exactly $95 in there (which you would l...
by windfall900
Thu Dec 06, 2012 4:51 pm
 
Forum: Investing - Theory, News & General
Topic: WellsTrade Account Close Out Fee Increased
Replies: 44
Views: 6753

Re: Possible to avoid Wells IRA transfer fee?

I would recommend highly that you do not do this. I tried VBS for a while, but removed all assets from that account because VBS is rather pathetic and annoying as a brokerage ... especially compared to WellsTrade. At least think twice about this. If you are going to Vanguard mutual funds, that is d...
by windfall900
Thu Dec 06, 2012 4:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Large portfolio -- Grateful for your advice

Thanks for the the detailed insight, abuss. Are there any particular changes you would recommend for the portfolio proposal above? It sounds like you're saying that it may not be worth holding just 5% in real estate, and that to the extent that I do hold real estate, I should hold REITs rather than ...
by windfall900
Thu Dec 06, 2012 4:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Possible to avoid Wells IRA transfer fee?

Also, is the fee per account or per customer? I have both a taxable brokerage account and an IRA. I'm considering transferring both.
by windfall900
Thu Dec 06, 2012 3:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Possible to avoid Wells IRA transfer fee?

I have a Wells Fargo PMA package with a linked WellsTrade Roth IRA. I'd like to move the IRA to Vanguard Brokerage. Are there any sneaky ways of avoiding the $95 transfer fee, e.g. by moving the assets but leaving the account open?
by windfall900
Thu Dec 06, 2012 3:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Possible to avoid Wells IRA transfer fee?
Replies: 22
Views: 1096

Re: Large portfolio -- Grateful for your advice

abuss368 wrote:Edit.


What does this mean?
by windfall900
Thu Dec 06, 2012 12:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Should I hold I bonds and EE bonds?

Thank you nisiprius for the detailed explanation. Does your response imply that, if I will never be in a situation where I absolutely need to liquidate bonds before maturity, then there's no need to hold I/EE bonds in addition to munis? (Also, are the concerns around liquidity still as valid if I ho...
by windfall900
Wed Dec 05, 2012 3:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I hold I bonds and EE bonds?
Replies: 28
Views: 1686

Should I hold I bonds and EE bonds?

Forgive my ignorance but I've been reading up a bunch on I bonds and EE bonds and I'm still not quite "getting it." The Bogleheads wiki says they should have a role in my portfolio if I have maxed out my tax-advantaged space and still have more bonds to hold, which I do indeed. However, wh...
by windfall900
Wed Dec 05, 2012 2:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I hold I bonds and EE bonds?
Replies: 28
Views: 1686

Re: Large portfolio -- Grateful for your advice

Given your high tax rate, it seems unlikely taxable bonds will provide more income. Here's how I would look at it. Obviously these funds are not equal and each carries different risk, but looking at the after tax income is relevant for this discussion. Tax Free Federal & CA Vanguard California ...
by windfall900
Wed Dec 05, 2012 2:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Large portfolio -- Grateful for your advice

EE will give you 3.5%, fed tax deferred until redemption in 20 years, and state tax free. Dumb question time... Is that 3.5% guaranteed annually for 20 years? If so, that does sound quite good... I'm not liking the high yield bond funds at all right now. Very tax-inefficient, very low premiums over...
by windfall900
Wed Dec 05, 2012 3:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Help me grow a huge windfall for charity

dragon wrote:#3 - No, sadly, that is not how the tax laws work. Please refer to MarkNYC's excellent comments in this thread: http://www.bogleheads.org/forum/viewtopic.php?t=57182


Whoa, crazy. Thanks for the pointer.
by windfall900
Wed Dec 05, 2012 3:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Help me grow a huge windfall for charity
Replies: 58
Views: 3842

Re: Help me grow a huge windfall for charity

I think rhino is being facetious, since $20k of I and EE bonds is something like 0.02% of your portfolio. Ah. Well, if they are meaningful in terms of absolute return, I don't mind taking the ten minutes a year to purchase them. As I said in the original post, I really don't want to fall into the &...
by windfall900
Wed Dec 05, 2012 2:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Help me grow a huge windfall for charity
Replies: 58
Views: 3842

Re: Large portfolio -- Grateful for your advice

Oh another quick thought - Make sure you are considering what role bonds are playing in your portfolio. Don't add risk (for example by buying High Yield bonds) if the bonds are meant to provide stability. In other words, decide what type of bond you want in your portfolio, and THEN choose the most ...
by windfall900
Wed Dec 05, 2012 2:08 am
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Large portfolio -- Grateful for your advice

As far as living off of your bonds, either munies or taxable, an alternative would be to just sell a little bit of stock holdings each year. Since a very low percentage of that would be capital gains that wouldn't generate a lot of taxes. If bonds otherwise fit into your portfolios for your desired...
by windfall900
Wed Dec 05, 2012 1:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Large portfolio -- Grateful for your advice
Replies: 33
Views: 2682

Re: Help me grow a huge windfall for charity

Easy Rhino wrote:Oh, and don't forget to buy $10k of I-bonds and $10k of EE bonds this year, to increase your tax-deferred holdings. :)


As long as I'm here, though...could you clarify the value of buying these types of bonds over holding tax-exempt state munis?
by windfall900
Wed Dec 05, 2012 1:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Help me grow a huge windfall for charity
Replies: 58
Views: 3842
Next

Return to advanced search