Search found 2653 matches

by Dale_G
Fri Jul 22, 2016 2:44 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 63
Views: 3697

Re: Declining or Rising equity allocation in retirement?

Over the past 5 years I have permitted my equity allocation to increase, while only occasionally rebalancing to an increasing target. At 79 YO, equities are presently 69.3% of the portfolio. My forced withdrawals from our Traditional IRA and annuities amount to 2.2% of the portfolio. Of that amount,...
by Dale_G
Thu Jul 21, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Potential Rental Property
Replies: 21
Views: 1430

Re: Potential Rental Property

Kite, the fact that you live in the same complex is a big plus. Use care in choosing tenants and you should be good to go. If it works out well over the next couple of years, you might end up owning more units.

Dale
by Dale_G
Sun Jul 17, 2016 7:39 pm
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 169
Views: 9427

Re: Another look at corporate bonds

... snip ...I ran a 10 year comparison of Vanguard Intermediate-Term Treasury against funds that I actually own. This is real life. The best performer was the Diversified Bond Fund that I own. The growth of $10,000 for the most recent 10 year period was $16,635.29. Second was Vanguard Intermediate-...
by Dale_G
Sun Jul 17, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Loan Interest Rate
Replies: 10
Views: 824

Re: Personal Loan Interest Rate

I think 4% is just fine for both of you because it is a business purpose loan. For a strictly personal loan (car or home down payment for example), I would be inclined to charge a current CD rate.

Dale
by Dale_G
Thu Jul 14, 2016 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: NO bonds in my taxable account, really?
Replies: 38
Views: 3427

Re: NO bonds in my taxable account, really?

For the record, I have muni bonds in taxable, but only because my Traditional IRA is already 100% bonds. I am so glad I kept equities out of my 401k (now in an IRA anyway) and Traditional IRA to the extent possible given my target allocation. The reason - taxes. If I had loaded my Traditional IRA wi...
by Dale_G
Sun Jul 10, 2016 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Bonds in Taxable Account
Replies: 26
Views: 1751

Re: Investing in Bonds in Taxable Account

I don't expect to spend anything from the taxable account. My heirs will appreciate the fact that I keep all equities there - and in the Roth. Most of my bonds are in my traditional IRA. If equities have better returns than bonds in the future my heirs will benefit from a stepped up basis of the equ...
by Dale_G
Sun Jul 10, 2016 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Going to consolidate to these two funds - thoughts please
Replies: 11
Views: 915

Re: Going to consolidate to these two funds - thoughts please

Simple is better. Some here would not use the dividend fund, but if it makes you happy, keep it. I didn't check the math to see if the combination of the two funds adds to 50/50, but assuming it does - you are good to go.

Dale
by Dale_G
Sat Jul 09, 2016 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: how much is enough? [in cash]
Replies: 16
Views: 2839

Re: how much is enough? [in cash]

I just checked my cash position. It is way high at 0.78% of the portfolio - and my target is 0.4%, those darn dividends have been accumulating :D Seriously though, my cash flow from SS and a tiny pension take care of my normal expenditures. If I need a new roof and a new car and the air conditioner ...
by Dale_G
Sat Jul 09, 2016 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: wait for the drop?
Replies: 75
Views: 6502

Re: wait for the drop?

namrac, if some mysterious force converted 1.3mm of my portfolio to cash on Friday, I wouldn't be happy, but you can be assured that it would be reinvested before 4 pm on Monday. I wouldn't be waiting for a correction or even less likely a crash to reinvest. Think about it. All of those who are pres...
by Dale_G
Fri Jul 08, 2016 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - [Using Edward Jones, how to simplify?]
Replies: 20
Views: 1669

Re: Portfolio Review - [Using Edward Jones, how to simplify?]

61 funds or thereabouts is a new high - even for Ed Jones. A junk bond fund in a taxable account for high earners? - totally ridiculous. LIZZY, you have a lot of work to do to unwind this mess, but it will probably be the most useful work you have ever done. My advice is to continue to learn and the...
by Dale_G
Fri Jul 08, 2016 8:45 pm
Forum: Investing - Theory, News & General
Topic: You like stocks and bonds, but how much?
Replies: 12
Views: 1055

Re: You like stocks and bonds, but how much?

A local bank needs to raise deposits, and offers you the following deal.


I am assuming this is a hypothetical question. No bank make a stipulation that 90% of an IRA would have to be invested.

If not hypothetical - what is the name of the bank? Are they open on Saturday?

Dale
by Dale_G
Fri Jul 08, 2016 8:42 pm
Forum: Investing - Theory, News & General
Topic: You like stocks and bonds, but how much?
Replies: 12
Views: 1055

Re: You like stocks and bonds, but how much?

basically you're asking would we accept an FDIC guaranteed 5% nominal on a completely illiquid investment for 10 years for 90% of our portfolio? That is not quite the question the OP asked, but absent tax ramifications**, I would be happy to move 90% of my entire portfolio to an illiquid 5% CD for ...
by Dale_G
Fri Jul 08, 2016 6:04 pm
Forum: Investing - Theory, News & General
Topic: You like stocks and bonds, but how much?
Replies: 12
Views: 1055

Re: You like stocks and bonds, but how much?

I would jump on this. My IRA is 100% in bonds - yielding about 3.8%, but with considerable risk given the possibility of rate rises sometime in the future. Since SS and a very modest pension cover my living expenses (neglecting taxes), I would be happy to have a guaranteed 5% nominal return over the...
by Dale_G
Fri Jul 08, 2016 12:06 am
Forum: Investing - Theory, News & General
Topic: International Bonds - Update
Replies: 55
Views: 3999

Re: International Bonds - Update

I have owned PCY (PowerShares Emerging Market Bond ETF) since 2011 and VWOB (Vanguard's Emerging Market Bond ETF (VGAVX Admiral shares)) since 2013. With bumps along the way, both funds have outperformed emerging market equities and Total Bond Market. I count the EM bonds as part of my 25% allocatio...
by Dale_G
Tue Jul 05, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Upside/downside of a more complex portfolio
Replies: 14
Views: 1030

Re: Upside/downside of a more complex portfolio

In terms of comparing backtested returns for our current allocation across 11 funds, and a three fund portfolio, I assume that Portfolio Visualizer takes into account each fund's ER, but not management fees. As noted in my initial post, the more complex portfolio appeared to modestly outperform a t...
by Dale_G
Wed Jun 29, 2016 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Automated investment
Replies: 9
Views: 770

Re: Automated investment

Vanguard lets you make scheduled investments with a fixed dollar amount on specified dates. I don't see any mechanism to apportion a % of of a random dollar amount to various funds.

Dale
by Dale_G
Mon Jun 20, 2016 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house and IRS question
Replies: 19
Views: 1087

Re: Buying a house and IRS question

And how did the bank come up with the information?

Dale
by Dale_G
Sun Jun 19, 2016 12:09 am
Forum: Personal Finance (Not Investing)
Topic: High Credit Card Debt- Need Help
Replies: 107
Views: 7654

Re: High Credit Card Debt- Need Help

Sunniside, come clean with your husband. Twenty-five years ago I opened the mail and came across a bill for my wife's "undisclosed" credit card account in the amount of about $8,000. Not as large as your debt even after inflation, but a surprise none-the-less. She was making minimum paymen...
by Dale_G
Thu Jun 16, 2016 9:09 pm
Forum: Investing - Theory, News & General
Topic: "Where Vanguard’s CEO Sees The Fund Industry Going"
Replies: 4
Views: 1018

Re: "Where Vanguard’s CEO Sees The Fund Industry Going"

Thus, the company has built its own automated solution, called Vanguard Personal Advisor Services. The price for that product is 0.30% per year for the minimum investment of $50,000, scaling down as assets grow. What is this scaling down business? I might get interested at something less than .01% ...
by Dale_G
Wed Jun 15, 2016 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Riversource Variable Annuity - can I get out?
Replies: 9
Views: 859

Re: Riversource Variable Annuity - can I get out?

Agreed, since the OP is past any likely surrender period the OP should do a 1035 exchange to a Vanguard annuity - or if the annuity is in an Ira simply move to a Vanguard IRA. The OP should call Vanguard and ask for an annuity specialist. The process will be simple and will save the OP a bunch of do...
by Dale_G
Sat Jun 04, 2016 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trusts
Replies: 30
Views: 2149

Re: Living Trusts

There are lots of things that I see far more often in this forum than in practice. No surprise, it is mostly the bad stuff that makes the news. I suspect many clients are well served, but those aggrieved are more vocal. That said, it appears that to the unwashed proletariat that legal fees bear lit...
by Dale_G
Sat Jun 04, 2016 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting income to CC company
Replies: 30
Views: 3279

Re: Reporting income to CC company

So has anybody reported a lower income than previously, for example a retiree? Did your credit limit get lowered? ... A couple of years ago I made an on-line application for a Chase Visa card to go along with my Amex card (first issued in 1971). One of the last questions was something like, "W...
by Dale_G
Thu Jun 02, 2016 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Risk free way to increase life style ?
Replies: 33
Views: 3372

Re: Risk free way to increase life style ?

I think the OP's plan is being misinterpreted. His monthly spending budget will be equal to 4%/12 * the portfolio value. The spending comes from his paycheck. Apparently after the spending and taxes there is an additional $5,000 from the paycheck available to add to the investment portfolio. Because...
by Dale_G
Sun May 29, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 2222

Re: Vanguard Core Bond Fund

From the March 31 semiannual report: Credit-quality ratings are obtained from Moody's and S&P, and the higher rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. Not rated securities include a fund's investment in Vanguard Mar...
by Dale_G
Sun May 29, 2016 1:13 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3298

Re: Does the $5.45M exemption from estate taxes change your estate planning

After the advent of increased exclusion and portability, I unfunded our bypass trusts and removed the pour-over element of our wills. The trust was no longer required from the estate tax perspective. Ours is a simple situation, with the bulk of the assets (except for a jointly owned home) in account...
by Dale_G
Thu May 26, 2016 10:14 pm
Forum: Investing - Theory, News & General
Topic: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?
Replies: 33
Views: 3526

Re: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?

I retired in October 2001, just after 9/11. It didn't seem like an auspicious time to retire. In the ensuing years inflation has reduced the buying power of my minimalist pension by 25%, SS has kept even, but the portfolio has grown by 56% in real terms. So much for the lost years. I have confidence...
by Dale_G
Tue May 24, 2016 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: how to utilize my annuity in portfolio allocation
Replies: 22
Views: 1484

Re: how to utilize my annuity in portfolio allocation

[OT comment removed by admin LadyGeek] The second thing you should do is to look at your contract and the various annuitizing options available to you. You can let the contract ride - or annuitize for life, joint life (with or without a term certain), for a specific number of payments, or other opt...
by Dale_G
Sat May 21, 2016 8:05 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on this? [Why advisors don't like target funds]
Replies: 29
Views: 4226

Re: Any thoughts on this? [Why advisors don't like target funds]

Probably the stupidest article I've read in a long time. Advisors would be hard pressed to make any money suggesting a single target date fund with an added 1% aum. Better to suggest a hodgepodge collection of 20 or 30 yesteryear's better performers - and then hope the client doesn't wise up. That i...
by Dale_G
Sat May 21, 2016 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Rollover - silly concern
Replies: 27
Views: 1957

Re: Rollover - silly concern

In nearly 70 years of using the USPS no mail has ever been lost - except rent checks from tenants who later turned out to be deadbeats. I believe most roll-overs are done by check. I think it actually provides an additional level of security. The check will be made out to Vanguard for benefit of &qu...
by Dale_G
Fri May 20, 2016 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you put emerging market bonds?
Replies: 1
Views: 208

Re: Where do you put emerging market bonds?

I have VWOB, the Vanguard Emerging Markets Bond Fund ETF in my traditional IRA. Since you have limited space for REITS and EMB it probably doesn't make a whole lot of difference where you hold either of them as long as it is not in a taxable account. Since REITS are likely to have a higher return th...
by Dale_G
Fri May 20, 2016 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis problem with Vanguard re inherited assets
Replies: 16
Views: 1454

Re: Cost basis problem with Vanguard re inherited assets

Reguarding VNQ: I didn't look earlier in 2014, but from the December 2014 dividend payout through December of 2015 (five dividends) VNQ paid out $1.32 in dividends characterized as "return of capital". When capital is returned it reduces the cost basis. The trustee may not have considered ...
by Dale_G
Thu May 19, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: Tax Efficient Allocations in Taxable and Tax Deferred Accounts
Replies: 3
Views: 426

Re: Tax Efficient Allocations in Taxable and Tax Deferred Accounts

When I retired nearly 15 years ago my assets were 1/3rd in a taxable account and 2/3rds in a traditional IRA - with a very small Roth. Today, the taxable account amounts to 2/3rds and the deferred accounts is 1/3rd. To the extent possible, I always held equities in the taxable account and bonds in t...
by Dale_G
Wed May 18, 2016 6:55 pm
Forum: Investing - Theory, News & General
Topic: Is anyone here currently getting an annuity payout?
Replies: 19
Views: 2290

Re: Is anyone here currently getting an annuity payout?

My annuity payments arrive in my Prime MM account like clockwork 1 or 2 days before they are due. Sometimes 3 days early if the pay date is on a weekend.

Dale
by Dale_G
Sun May 15, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: VG Transaction Email Alerts - show too much?
Replies: 5
Views: 599

Re: VG Transaction Email Alerts - show too much?

Mutual fund: The following money movement request was submitted on 01/15/2016 at 2:59 PM, Eastern time: From:Vanguard Total Bond Market Index Fund Admiral Shares in account ending in 6175 in the amount of $10,000.00 To:Vanguard Total Stock Market Index Fund Admiral Shares in account ending in 6175 B...
by Dale_G
Sat May 14, 2016 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: VG Transaction Email Alerts - show too much?
Replies: 5
Views: 599

Re: VG Transaction Email Alerts - show too much?

I prefer to see the details. It assures me that I didn't do anything dumb.

Dale
by Dale_G
Fri May 06, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment of Benefits Riches
Replies: 9
Views: 3183

Re: Embarrassment of Benefits Riches

Mingus wrote:
celia wrote:Mingus, I doubt that medical and dental insurances would coordinate benefits with each other. Sounds like you have an unusual combination.


I have no idea. But it works out for me. And apparently my dentist as well.


I think that is called fraud - on the part of the dentist.

Dale
by Dale_G
Thu May 05, 2016 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment of Benefits Riches
Replies: 9
Views: 3183

Re: Embarrassment of Benefits Riches

anonenigma wrote: .... but if she had a few thousand in bills, we'd benefit from double coverage.


Maybe I misunderstand your thinking, but you will not be able to collect from both policies for the same incident/procedure.

Dale
by Dale_G
Sun May 01, 2016 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a Tax Sheltered Annuity
Replies: 5
Views: 640

Re: Annuitizing a Tax Sheltered Annuity

If the actuaries have done their job properly all of the payout options are "fair" based on the average life expectancy of the annuity owners. The annuitant gets to pick and choose depending on how he views his own chances of passing into the great beyond sooner or later. From the economic...
by Dale_G
Fri Apr 29, 2016 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Core Bond Fund Corporate Holdings:Update 5/5
Replies: 11
Views: 1306

Re: Core Bond Fund Corporate Holdings

So 211 bonds - seems like the answer reflected the number of bonds in the portfolio rather then the percent of assets held in corporates.

Dale
by Dale_G
Wed Apr 27, 2016 7:49 pm
Forum: Investing - Theory, News & General
Topic: "Save $52,000 on Financial Advice" Forbes
Replies: 103
Views: 12629

Re: "Save $52,000 on Financial Advice" Forbes

Back to the original topic. I began investing at Vanguard 34 years ago after I had two nickels to rub together, so I caught on to low cost investing early in the game. I never paid a dime for "professional" advice. My records only go back 26 years but I decided to determine what things mig...
by Dale_G
Tue Apr 26, 2016 12:50 am
Forum: Investing - Help with Personal Investments
Topic: Investment/financial advisor help
Replies: 14
Views: 1172

Re: Investment/financial advisor help

Go slow here mantooth, you are early in the game and there is much to learn. It isn't clear exactly what you have and where you have it, but moving money into load funds is likely to be a huge mistake - 4.5% of your money will disappear in a blink of your eye. My advice is to do absolutely nothing u...
by Dale_G
Tue Apr 26, 2016 12:20 am
Forum: Investing - Help with Personal Investments
Topic: timing when to make an exchange
Replies: 4
Views: 462

Re: timing when to make an exchange

With Vanguard bond mutual funds the dividends are accrued. If you sell before the dividend date you will receive the dividends you are entitled to. For Vanguard equity mutual funds and both bond and equity ETF funds any dividends are effectively accounted for in the price you pay or receive. Basical...
by Dale_G
Tue Apr 19, 2016 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to take payments from an annuity
Replies: 5
Views: 538

Re: How to take payments from an annuity

Three years ago, I annuitized Vanguard annuities for my wife and I (then aged 78 and 76 respectively) for fixed terms of 23 and 10 years. I had no interest in spending the money, but figured I would make things simpler for the heirs. And the odds are that the heirs will receive the remaining payment...
by Dale_G
Sun Apr 17, 2016 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: tax strategy to sell company stock (or any stock)?
Replies: 11
Views: 996

Re: tax strategy to sell company stock (or any stock)?

My wife has ~$15k CVS stock from her company stock options. We are thinking of selling because it sounds like a bad idea to hold that much in a single company. It'd be long term capital gains rate. My friend said if we sell and buy something else right away then itd be beneficial for taxes (althoug...
by Dale_G
Fri Apr 15, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: Did the brokers just get lucky?
Replies: 16
Views: 2683

Re: Did the brokers just get lucky?

And you don't hear about the other tips that don't turn out well. I don't know that many gamblers, but of the ones I do know, they always come back winners.

Dale
by Dale_G
Tue Apr 12, 2016 10:44 pm
Forum: Investing - Theory, News & General
Topic: Do you use emerging markets bonds? If so, why?
Replies: 18
Views: 1805

Re: Do you use emerging markets bonds? If so, why?

Nisiprius said: EM bonds are wrong for me. It's a bold move that might well appeal to risk-takers and might well pay off, but I don't make bold moves in my bond allocation. I guess I am a risk taker. About 8% of my bond holdings are in Vanguard VWOB and PowerShares PCY. Both are Dollar denominated ...
by Dale_G
Fri Apr 08, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: IRS Identity Protection Pin (lost)
Replies: 3
Views: 286

Re: IRS Identity Protection Pin (lost)

Yep, apparently I need a live person. It took a while to figure out how to reach one. I finally stumbled on it. Now I am waiting - wait time expected to be 30-60 minutes :(

Thanks for encouraging me to try for a live one despite the opacity of the decision tree choices.

Dale
by Dale_G
Fri Apr 08, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: IRS Identity Protection Pin (lost)
Replies: 3
Views: 286

IRS Identity Protection Pin (lost)

Through a series senior moments on my part, I lost my IRS pin. So I went to 800 908-4490 - entered 5 then 2 then 7 to get through the decision tree. I entered SSN, MFJ, DOB and street number - and was issued a five digit number. Great, except that TurboTax is looking for a six digit number. Where di...
by Dale_G
Fri Apr 08, 2016 12:17 am
Forum: Personal Finance (Not Investing)
Topic: How do I report the sale of a really old mutual fund where I have no purchase records?
Replies: 20
Views: 2013

Re: How do I report the sale of a really old mutual fund where I have no purchase records?

... snip ... whereas I believe in being scrupulously honest, so I'm willing to pay Long Term capital gains on the whole amount (approx $14K) , but I'm not willing to pay Short Term, except for whatever fractional shares were acquired by dividend reinvestment last year ) because I can prove it's not...
by Dale_G
Tue Apr 05, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Thought I was on the right track, but apparently not
Replies: 60
Views: 5131

Re: Thought I was on the right track, but apparently not

The 85% of current income is the problem - it is probably much much more than your retirement spending. Subtract your FICA tax and your present savings for starters. Send the kids off to do their own thing. Very few people spend anything like 85% of gross pre-retirement wages after retirement. Lots ...

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