Search found 2616 matches

by Dale_G
Fri Apr 29, 2016 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Core Bond Fund Corporate Holdings
Replies: 2
Views: 74

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: 50
Views: 5933

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: 854

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: 370

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: 438

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: 840

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: 2391

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: 1586

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: 249

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: 249

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: 1805

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: 4631

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 ...
by Dale_G
Tue Apr 05, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Thought I was on the right track, but apparently not
Replies: 60
Views: 4631

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. Very few people spend anything like 85% of gross pre-retirement wages after retirement. Lots of expenses disappear or are sharply redu...
by Dale_G
Thu Mar 31, 2016 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2932

Re: pulling the trigger

John, this is not tax loss harvesting. It is selling both winning and losing stocks and investing the proceeds in a broad market fund. No capital gains tax will be due if the losses are equal to or greater than the gains. It is a very simple procedure. No deep thought is required. Dale Dale, have y...
by Dale_G
Thu Mar 31, 2016 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2932

Re: pulling the trigger

John, this is not tax loss harvesting. It is selling both winning and losing stocks and investing the proceeds in a broad market fund. No capital gains tax will be due if the losses are equal to or greater than the gains. It is a very simple procedure. No deep thought is required. Dale Dale, have y...
by Dale_G
Thu Mar 31, 2016 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2932

Re: pulling the trigger

John, this is not tax loss harvesting. It is selling both winning and losing stocks and investing the proceeds in a broad market fund. No capital gains tax will be due if the losses are equal to or greater than the gains. It is a very simple procedure. No deep thought is required.

Dale
by Dale_G
Thu Mar 31, 2016 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2932

Re: pulling the trigger

Mitch, you give no indication of the size of these positions. That's okay, but you have to do a little homework. Determine the cost basis of each of your holdings, then sell all of the losers - and then sell at least portions of the gainers to the extent you are willing to realized net capital gains...
by Dale_G
Wed Mar 30, 2016 11:17 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Investors’ Message to Hedge Funds: We Are Replacing You With Clones
Replies: 8
Views: 1388

Re: WSJ: Investors’ Message to Hedge Funds: We Are Replacing You With Clones

... snip ...i said that it was very very obvious you may have wanted to load up commodity/energy/em market stocks in early-mid 2000's and that you may have wanted to absolutely load up on biotech stocks this last 5-6 years. again, very very obvious stuff (not that it would work for sure or anything...
by Dale_G
Wed Mar 30, 2016 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: What is your current Cash to Investment ratio?
Replies: 112
Views: 5582

Re: What is your current Cash to Investment ratio?

My cash assets consist of checking and money market accounts. I don't hold any other cash investments. At the moment I am a little high at 0.81% of assets (excluding home, etc.). The only reason I hold more than 0.2% cash is that it eliminates any need to check the bank balance more frequently than ...
by Dale_G
Fri Mar 25, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: 2 Buckets or 3 Buckets in Retirement??
Replies: 65
Views: 6068

Re: 2 Buckets or 3 Buckets in Retirement??

No buckets per se. Cash is a bit high at 0.6% of the portfolio. The bonds portion of the portfolio should last longer than I do, but if I need to withdraw funds it will not automatically be from bonds. It will be in a manner that maintains my asset allocation. The problem with using spending "b...
by Dale_G
Fri Mar 25, 2016 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Total newbie, late starter, freaking out a little ...
Replies: 13
Views: 1749

Re: Total newbie, late starter, freaking out a little ...

... snip... I have a rollover from a previous job – It is with Axa. Retirement Cornerstone Series 11.0 B (traditional IRA) Axa's website is inscrutable so I don't know the ticker or expense ratio. I have around $14,449.42 just sitting and collecting dividends/interest. I’m really worried about our ...
by Dale_G
Thu Mar 24, 2016 10:32 pm
Forum: Investing - Theory, News & General
Topic: Article by Michael Kitces makes the case that gov. bonds are a better diversifier than corporates (against the S&P500)
Replies: 34
Views: 2948

Re: Article by Michael Kitces makes the case that gov. bonds are a better diversifier than corporates (against the S&P50

There is little doubt that treasuries are a better diversifier than corporates if the objective to to reduce portfolio volatility in times of equity market stress. The reduction in volatility with treasuries comes with a cost in terms of lower returns however. For those who do not care about volatil...
by Dale_G
Tue Mar 22, 2016 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidate nest egg at Vanguard?
Replies: 29
Views: 2378

Re: Consolidate nest egg at Vanguard?

If you are interested in diversifying on the bond front (likely in tax-deferred), Vanguard has a variety of low cost bond funds. Most bond funds at Fido are considerably more expensive than the comparable Vanguard funds. I have no beef with Fido. From 1987 to 2001 my 401k was at Fido. When the time ...
by Dale_G
Sun Mar 20, 2016 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Bond Funds
Replies: 5
Views: 989

Re: Vanguard Bond Funds

The new bond fund will not perform like an IPO where prices are determined by supply and demand for an individual stock. The price on the first day the fund goes live could be a few cents more or less than the $20 subscription price depending on what Vanguard has to pay for the bonds during the day ...
by Dale_G
Sat Mar 19, 2016 11:21 pm
Forum: Investing - Theory, News & General
Topic: "You Are Thinking About Risk All Wrong"
Replies: 26
Views: 3138

Re: "You Are Thinking About Risk All Wrong"

I think rolling 20 or XX year returns are more relevant to most investors than some number of "independent periods". I began seriously investing in 1982 (a good year to start, but the funds available for investment were small) and I retired in 2001 - in theory I am now deccumulating. At pr...
by Dale_G
Tue Mar 15, 2016 12:07 am
Forum: Investing - Theory, News & General
Topic: VTSMX vs VTI
Replies: 3
Views: 657

Re: VTSMX vs VTI

I noticed today that VTI (Vanguard Total Market Index ETF) lost .12 and 12% from yesterday's price. Yet VTSMX (Vanguard Total Stock Market Index Fund) was down 62% from yesterday's price. Since the ETF and Fund usually mirror each other's returns, do you know why today's close had a markedly differ...
by Dale_G
Sun Mar 13, 2016 9:57 pm
Forum: Investing - Theory, News & General
Topic: Difference in Equity sector diversification on Vanguard site
Replies: 11
Views: 650

Re: Difference in Equity sector diversification on Vanguard site

Surely you know that was a running joke. The actual process when requesting test data from the QC lab is that they would always ask "What number do you want?" Sorry about that! In my biz, QC/QA was not a joking matter. I confess however to sometimes taking a 2nd BP measurement if I don't ...
by Dale_G
Sun Mar 13, 2016 9:33 pm
Forum: Investing - Theory, News & General
Topic: Difference in Equity sector diversification on Vanguard site
Replies: 11
Views: 650

Re: Difference in Equity sector diversification on Vanguard site

I don't have a serious answer to your question, but whenever I had anything to do with quality control testing we always followed the rule of taking three data points in order to determine which of the first two was correct . I wonder what you get from Morningstar or some other online source. That ...
by Dale_G
Sun Mar 13, 2016 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account help
Replies: 12
Views: 792

Re: Taxable account help

OK, I get it, I can accept some risk to principal, my main goal is to generate income. Maybe Vanguards VWAHX would be a good choice, fed tax free and should have limited risk. You didn't provide enough information for folks to make any specific suggestions. Muni's might be reasonable if you are in ...
by Dale_G
Sat Mar 12, 2016 6:20 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 107
Views: 12868

Re: [Vanguard Core Bond Fund opens to investors]

I agree that the new Core Bond fund is not likely to outperform Total Bond market by more than a few basis points on a risk adjusted basis - particularly if it reaches a large size. The Fixed Income Group uses "sampling" in Total Bond to replicate the Barclay's index, so there is already a...
by Dale_G
Fri Mar 11, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 107
Views: 12868

Re: [Vanguard Core Bond Fund opens to investors]

I think I will bite and move a little TBM to the Admiral shares (VCOBX). I am at least 51% confident that the managers can overcome the 8 bp increase in er. Only time will tell whether the managed fund has higher risk. We can revisit this 5 or 10 or 15 years down the line. I won't buy during the sub...
by Dale_G
Thu Mar 10, 2016 11:48 pm
Forum: Investing - Theory, News & General
Topic: where is the fee hiding?
Replies: 16
Views: 1805

Re: where is the fee hiding?

Let me churn a million dollars worth of load funds a year for your friend, and I'll be happy to use a couple of ETFs.

Dale
by Dale_G
Mon Mar 07, 2016 2:19 am
Forum: Investing - Theory, News & General
Topic: Asset location strategies for taxes are OK; but not great
Replies: 75
Views: 8085

Re: Asset location strategies for taxes are OK; but not great

snip... Correct me if I'm wrong, but isn't there an advantage to having bonds in Roth over traditional due to tax free withdraw if you anticipate high income in retirement? Conversely you would want equities in traditional due to LTCG likely taxed at 15%? Obviously if your retirement income is going...
by Dale_G
Sat Mar 05, 2016 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Give Your Friends Investment Advice?
Replies: 58
Views: 4106

Re: Do You Give Your Friends Investment Advice?

I give advice to relatives who ask, but not to "friends". The relatives have so far been smart enough to follow the advice. Goodbye EFJ, Ameriprise and Merrill. Good riddance. I know some are hesitant to provide advice because they are concerned about being blamed if the market turns south...
by Dale_G
Sat Mar 05, 2016 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: [In need of advice.... Day trading - What am I missing?]
Replies: 20
Views: 1504

Re: [In need of advice.... Day trading - What am I missing?]

Congratulations bullintrading on your 2.9% daily returns. At this rate you will increase your initial investment by a factor of 22 over the next year - and even better a factor of 484 over the next two years - or maybe not. If you buy and sell equities on a purely random basis (throwing darts at the...
by Dale_G
Sat Mar 05, 2016 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) age 50 or better Alternative?
Replies: 13
Views: 810

Re: 401(k) age 50 or better Alternative?

I've been a landlord - and didn't do badly. But I sure wished I would have had a low cost 401k available in those days. Rental property can be okay, but it is often better on paper than it is in practice. I began investing in a 401k in 1982 and retired in 2001. In the ensuing 19 years I saved/made a...
by Dale_G
Sat Mar 05, 2016 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: liquidate Vanguard total international stock index?
Replies: 16
Views: 1799

Re: liquidate Vanguard total international stock index?

I keep International at 25% of equity. Total International (with dividends reinvested) is about the same today as it was in November 2006. So about 9-1/2 years of wandering around without increasing in value. My solution: rebalance into International as required - and maintain my asset allocation. I...
by Dale_G
Fri Mar 04, 2016 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Moving stocks into VG
Replies: 17
Views: 960

Re: Moving stocks into VG

paulag, you were not well served by your advisor. The market hasn't been especially kind over the past two years, but my Boglehead style portfolio (roughly 65% equities and 35% bonds with 25% of equities in international) is up 2.5% since March 2014 - and this is with withdrawals for gifts and signi...
by Dale_G
Thu Mar 03, 2016 11:15 pm
Forum: Investing - Theory, News & General
Topic: Just lost 4.08% on Forever stamps.
Replies: 63
Views: 6862

Re: Just lost 4.08% on Forever stamps.

I am glad I diversified by storing toilet paper, razor blades and toothpaste. But I will hang tight with the forever stamps. Even at the depressed current price, I expect them to outpace inflation by a reasonable margin.

Dale
by Dale_G
Tue Mar 01, 2016 2:00 am
Forum: Investing - Help with Personal Investments
Topic: Will I incur any capital gains tax if I sell today?
Replies: 19
Views: 1543

Re: Is this the right time to switch to 2-fund portfolio?

Where does this 3K figure come from? I'm unfamiliar with what you mentioned (putting 3K against income plus carryover for next year). Can you expand on this a little more? Capital losses up to $3,000 can be deducted against income on your federal tax return. Losses in excess of $3,000 can be carrie...
by Dale_G
Tue Mar 01, 2016 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Will I incur any capital gains tax if I sell today?
Replies: 19
Views: 1543

Re: Is this the right time to switch to 2-fund portfolio?

Exchange AKREX, VSMAX and VWWAX today (Feb 1) to get to your desired allocation. This isn't market timing. You will still be in the market with a more efficient and less costly portfolio. You will save $450 on your 2016 taxes and any excess loss will be carried forward to 2017 or beyond.

Dale
by Dale_G
Tue Mar 01, 2016 1:40 am
Forum: Investing - Help with Personal Investments
Topic: Mom's Vanguard Annuity expired - Big Taxes
Replies: 24
Views: 2981

Re: Mom's Vanguard Annuity expired - Big Taxes

It is too late for the OP - what is done is done. The OP's problem was one of not understanding the options available. But Bogle_Feet's diatribe post sheds no light and in fact simply muddies the waters. 1. The taxation of Variable Annuities is exactly the same as traditional IRAs and 401ks. Capital...
by Dale_G
Sun Feb 28, 2016 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Ease fears and help with AA
Replies: 6
Views: 468

Re: Ease fears and help with AA

Egads - there are a lot of moving parts here. You have a big problem, so I suggest break things down in to several smaller problems and tackle them one at a time. The taxable inheritance account might be a place to start. Are you aware of the fact that the cost basis of the funds you inherited have ...
by Dale_G
Sun Feb 28, 2016 5:00 pm
Forum: Investing - Theory, News & General
Topic: Betterment Explanation on Investment Returns
Replies: 14
Views: 2019

Re: Betterment Explanation on Investment Returns

TheRoosy28 wrote:Forgive my ignorance. I'm still having a hard time understanding this. Explain why my return figures are different when I have only made one deposit and zero withdraws?


If there was any rebalancing, it is likely that the returns would be different.

Dale
by Dale_G
Fri Feb 26, 2016 6:48 pm
Forum: Investing - Theory, News & General
Topic: How not to 'Buy the Distribution' for someone who dollar cost averages?
Replies: 31
Views: 2522

Re: How not to 'Buy the Distribution' for someone who dollar cost averages?

^ You would be ABLE to put up with the tax bite. But would you WANT to? Better to take friends out for a nice meal! :beer I am in Florida, so no state income taxes - and qualified dividends are federally taxed at 15%. The quarterly tax on Total Stock Market dividends for the $250,000 investment wou...
by Dale_G
Fri Feb 26, 2016 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a Vanguard Deferred Variable Annuity?
Replies: 12
Views: 1451

Re: Should I buy a Vanguard Deferred Variable Annuity?

I began investing in a variable annuity in 1987 - and deferred taxes (often at a rate exceeding 40%) on the income for 25 years. The first investments were made in low cost annuities from Phoenix and Guardian and later Fidelity. When Vanguard finally began offering annuities, everything was moved th...
by Dale_G
Thu Feb 25, 2016 11:01 pm
Forum: Investing - Theory, News & General
Topic: How not to 'Buy the Distribution' for someone who dollar cost averages?
Replies: 31
Views: 2522

Re: How not to 'Buy the Distribution' for someone who dollar cost averages?

"Buying the dividend" with a monthly investment in an index fund is pretty much a non-event. The Total Stock Market fund pays a dividend of a bit over 2% per year - or approximately 0.5% per quarter. If the monthly investment is $500, the investment immediately before the ex-dividend date...
by Dale_G
Thu Feb 25, 2016 6:07 pm
Forum: Investing - Theory, News & General
Topic: How not to 'Buy the Distribution' for someone who dollar cost averages?
Replies: 31
Views: 2522

Re: How not to 'Buy the Distribution' for someone who dollar cost averages?

"Buying the dividend" with a monthly investment in an index fund is pretty much a non-event. The Total Stock Market fund pays a dividend of a bit over 2% per year - or approximately 0.5% per quarter. If the monthly investment is $500, the investment immediately before the ex-dividend date ...
by Dale_G
Mon Feb 22, 2016 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: 27. $10k. Is this the most Optimal Portfolio Strategy?
Replies: 27
Views: 2404

Re: 27. $10k. Is this the most Optimal Portfolio Strategy?

I haven't contributed anything to IRA since i haven't opened it yet. I only have taxable Schwab account. Dont think I'd be able to put in all 10k into VTSAX since max contribution for 2015 is half of that, so until april, when I can add another 5500k , my money would have to be somewhere else... an...

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