Search found 2897 matches

by Dale_G
Wed Aug 16, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy for all taxable
Replies: 8
Views: 615

Re: LifeStrategy for all taxable

The yield of the LifeStrategy Moderate Growth fund is just a bit more than 2%. That translates into a current income of about $12,000. If this is your only income, you will not have any tax obligation now - and probably not well into the future.

Have fun,

Dale
by Dale_G
Wed Aug 16, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Do you manage your asset allocation like a Target Fund?
Replies: 20
Views: 1387

Re: Do you manage your asset allocation like a Target Fund?

No downward glide path here. Five years ago I modified my IPS to allow our equity allocation to rise - with only partial re-balancing along the way. A bit more than a year ago, I further modified the IPS to cap bonds at a maximum dollar amount - an amount that is far beyond what I ever expect to use...
by Dale_G
Tue Aug 15, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Active vs. Passive Bond Fund
Replies: 8
Views: 655

Re: Active vs. Passive Bond Fund

I don't have a problem with l ow cost actively managed bond funds. Only about 20% of my bonds are indexed: Total Bond Market (VBTLX) + emerging market bonds (VWOB and PCY). The 80% consists of: Short Term Investment Grade (VFSUX), High Yield (VWEAX), Core Bond (VCOBX), and Intermediate and Long Term...
by Dale_G
Fri Aug 11, 2017 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: AA, IPS. Tinkering trap?
Replies: 11
Views: 865

Re: AA, IPS. Tinkering trap?

So after two months, the cold hard reality of what you have written is sinking in :D . I think a revision is perfectly okay. You need to be comfortable with your IPS, and it is very reasonable to make minor tweaks until you really believe it is something you can live with. But after a few tweaks, yo...
by Dale_G
Wed Aug 09, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Did I mess up? Transferred some of bro's trust money into his Roth IRA
Replies: 4
Views: 781

Re: Did I mess up? Transferred some of bro's trust money into his Roth IRA

In this case, "transfers" = "distributions". The money has been moved out of the trust.
by Dale_G
Fri Aug 04, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: switching to vanguard from a financial advisor
Replies: 6
Views: 521

Re: switching to vanguard from a financial advisor

To reinforce the point: livesoft is correct. Your relatives can transfer the DFA funds "in kind" to Vanguard and keep them. They just can't buy any more. The easy solution, keep the DFA funds and no tax ramifications. Use new money to buy Vanguard funds or ETFs.

Dale
by Dale_G
Mon Jul 24, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Rich kid want to transfer stock to parents, good or bad idea ?
Replies: 25
Views: 3439

Re: Rich kid want to transfer stock to parents, good or bad idea ?

I think it is a perfectly good idea for your son to make gifts to you. Likely lower family taxes on investment returns in the short term. And anything left over in a taxable account after you pass can be returned to him with a stepped up basis.

Dale
by Dale_G
Sat Jul 22, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: Fraud???
Replies: 15
Views: 2640

Re: Fraud???

Did you look at your profile to see if anything changed?

Log in - hover over "my accounts" - select "account maintenance" and then check each of your profile items.

Dale
by Dale_G
Wed Jul 19, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Most Americans don't trust financial advisers
Replies: 64
Views: 6306

Re: Most Americans don't trust financial advisers

A couple years back, I had a session with a Vanguard financial advisor to setup a plan for me. He recommended that I sell all individual stocks and invest instead with Vanguard mutual funds. Made me wonder. Was this truly a better financial plan, or was he trying to move assets from ones that don't...
by Dale_G
Wed Jul 19, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Ameriprise Variable Annuity - Sell now or wait?
Replies: 3
Views: 361

Re: Ameriprise Variable Annuity - Sell now or wait?

All in, your annuity fees probably exceed 2% per year. If you "move" the proceeds of the annuity to a Vanguard IRA, it will cost you 1% in surrender charges, but you will save 1% in fees for the balance of the year. Pretty much a wash. So do it now and get it over with. In the long term yo...
by Dale_G
Mon Jul 10, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Looking ahead on my RMD in Nov. or Dec. 2017
Replies: 9
Views: 1105

Re: Looking ahead on my RMD in Nov. or Dec. 2017

Makes total sense tuffy. When I retired in 2001 my IRA was about twice the size of my taxable account. The taxable account was all equities - the IRA was about a 50/50 split equities/bonds. I didn't need to spend the RMDs when they started, so I took the RMDs from equity - and after taxes withheld, ...
by Dale_G
Sat Jul 08, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity Strategies from Annuity Owners.....
Replies: 6
Views: 1090

Re: Annuity Strategies from Annuity Owners.....

Broken - it is late at night for me but I wanted to provide a short response to your post. I am quite familiar with older Vanguard VAs and have annuitized two. Before doing anything, carefully read your contract in the "annuitization" section. Since yours is an older VA, you may find that ...
by Dale_G
Sat Jul 08, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Closing Credit Cards - Advice on Oldest
Replies: 7
Views: 781

Re: Closing Credit Cards - Advice on Oldest

Sometimes not much happens. A few years ago I closed an old AMEX Gold card and opened a AMEX Blue card as a replacement. I liked the 6% rebate for groceries (and drugs at the grocery store). Both TransUnion and Equifax show the Blue Card account as dating from October 1971 - the old Gold card start ...
by Dale_G
Sat Jul 08, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: How does fixed pension affect your target net worth?
Replies: 8
Views: 1142

Re: How does fixed pension affect your target net worth?

If you can sell your pension at its net present value, you can include it in your net worth. If you can't sell it, it is simply an income stream that lasts as long as you do. That said, an assured income stream may allow you to be somewhat more aggressive with the equity portion of the portfolio. Dale
by Dale_G
Fri Jul 07, 2017 10:14 pm
Forum: Investing - Theory, News & General
Topic: Retirement is Risky Business
Replies: 41
Views: 6984

Re: Retirement is Risky Business

Risk 20: Being taken to the cleaners by your Retirement Income Certified Professional risk

Dale
by Dale_G
Fri Jul 07, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard Posts on Investment Process
Replies: 2
Views: 540

Re: Vanguard Posts on Investment Process

Annual client engagements: More than 1,400


A bit cryptic Paul, but I don't think it refers to individual investor "clients". Modern corporate newspeak in action.

Dale
by Dale_G
Wed Jun 28, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Taxes on I Series Bonds negate purchasing power protection?
Replies: 12
Views: 1677

Re: Taxes on I Series Bonds negate purchasing power protection?

Since the I Bond composite rate can never go below 0%, you'd outstrip inflation after taxes if you experienced a prolonged period of DEflation. The greater the deflation rate and longer the deflation period, the higher the after-tax REAL return would be on the I Bonds. And, as was mentioned above, ...
by Dale_G
Sun Jun 25, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3153

Re: Is Vanguard Website Down

allwin wrote:Clearing cookies fixed it for me.


It also worked for me - thanks for posting the instructions.

Dale
by Dale_G
Sat Jun 24, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3153

Re: Is Vanguard Website Down

Yeah - weird. I got the 404 error with Chrome, but Microsoft Edge worked. I expect Vanguard has some IT guys working on the weekend and they will fix it.

Dale
by Dale_G
Fri Jun 23, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Good Article on Bubbles and Staying the Course
Replies: 27
Views: 3319

Re: Good Article on Bubbles and Staying the Course

I enjoyed the article - a little different perspective on the formation of bubbles.

Dale
by Dale_G
Mon Jun 19, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a quarterly dividend in June."
Replies: 32
Views: 4485

Re: "Find out if your fund is declaring a quarterly dividend in June."

Since many funds share the same board of directors, the directors must be very busy figuring out the dividends from say 11:30 pm to a few seconds before midnight. :D

Dale
by Dale_G
Sat Jun 17, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 4080

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

How much money would you have to put in VWEHX to supply $400/month, indexed to inflation, for an indefinite period? Would this be uniquely less than the investment required using any variety of other investments? How many investments might be suggested that most likely could produce that result wit...
by Dale_G
Tue Jun 13, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: Discrepancy in Reported Fund Price - What to Do?
Replies: 13
Views: 1146

Re: Discrepancy in Reported Fund Price - What to Do?

Not just one month. My accounts are fine, but for one Total Bond Market (Admiral) account I informally "advise", the reinvest price was $11.01 for each month from 06/30/16 through 04/28/17. Edit 06/14/17: Actually, all of the reinvested dividends purchased shares at the correct price on th...
by Dale_G
Sat Jun 10, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Joint bank account w/parent or not?
Replies: 28
Views: 2282

Re: Joint bank account w/parent or not?

sport is correct - a Pay On Death or Transfer On Death designation on the account takes care of the succession issue. That said, one of my sons is a joint holder on a checking account maintained by my wife and I. The objective is for him to easily move money around for mom if I give up the ghost. So...
by Dale_G
Thu Jun 08, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 934

Re: Changing IRA to 3 fund - do I just do it all tonight?

Moving money from one fund (or stock) to another in an IRA is not a taxable event.

Dale
by Dale_G
Thu Jun 08, 2017 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing cash reserve
Replies: 16
Views: 1906

Re: Investing cash reserve

I am with willthrill. My last "emergency" was about 1965. I am glad I did not keep my EF in a very low yielding but "safe" place for the past 52 years.

Dale
by Dale_G
Thu Jun 08, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Best reinvestment timing for liquidated assets from a rollover?
Replies: 5
Views: 337

Re: Best reinvestment timing for liquidated assets from a rollover?

You were in the market - and temporarily out. There is no reason at all not to immediately go back to your original asset allocation - except market timing.

Dale
by Dale_G
Sun Jun 04, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Adding beneficiaries to a non-retirement account
Replies: 14
Views: 1121

Re: Adding beneficiaries to a non-retirement account

TheJoker wrote:My approach was to set up a trust. My non-retirement assets are in a trust and I can change the trust at any time. Also the trust avoids probate (a high cost in California, as everything else.)

The Joker


Accounts with designated beneficiaries are also not subject to probate.

Dale
by Dale_G
Sun May 28, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: tax exempt bond funds
Replies: 25
Views: 2310

Re: tax exempt bond funds

So, the questions are: How much are the gains - and are they short or long term - and what is the tax damage? I agree with others that the durations of the Limited Term and Intermediate Term are significantly different enough so that you should match the duration (and hoped for return) to your needs...
by Dale_G
Sat May 27, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Why are capital gains taxed lower than div/interest?
Replies: 20
Views: 1673

Re: Why are capital gains taxed lower than div/interest?

So I bought $1,000 of ZYX stock in May of 1960. Yesterday I decided to sell it. It never paid dividends but the $1,000 investment had grown to $8,289. Wowee. Well, not wowee. The entire gain of $7,289 was due to inflation. A crappy investment with no real return, but the taxman wants their due. At a...
by Dale_G
Mon May 22, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Do you keep extra money available for investing
Replies: 37
Views: 3685

Re: Do you keep extra money available for investing

My really dry powder (cash equivalents) amounts to 0.5% of the portfolio. But I keep that only so I don't have to bother reconciling the checking account or pay any attention to credit card purchases. Otherwise I am fully invested. In the event that equities decline about 16% from here (and lower th...
by Dale_G
Sun May 21, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Barclays Online Savings account increases their interest rates
Replies: 6
Views: 1265

Re: Barclays Online Savings account increases their interest rates

We are excited to let you know .... I am glad to know that someone is excited - but it isn't me. A big $5.00 annual increase for a $10,000 investment. Oops, make that about $3.20 after taxes. Not bad, only losing about 1.3% due to inflation. Actually, watching a mosquito learn to fly is a lot more ...
by Dale_G
Sun May 21, 2017 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Need help deciding between 401k Intl fund or 401k brokerage Intl Fund
Replies: 4
Views: 392

Re: Need help deciding between 401k Intl fund or 401k brokerage Intl Fund

There is no need to keep both funds. The BlackRock fund includes emerging markets while the Vanguard Developed Markets fund does not. Stick with the BlackRock fund, there is no need to pay a fee to purchase VDIVX . The dividend issue is really a non-issue. In your regular 401k, the BlackRock accumul...
by Dale_G
Mon May 08, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: Profit from country's collapse (ordinary investor)
Replies: 18
Views: 1926

Re: Profit from country's collapse (ordinary investor)

I own (indirectly) Venezuelan bonds through VWOB and PCY Emerging Market Debt ETFs - to the tune of a small domestic automobile. As of the 10/31/2016 annual reports, VWOB held 2.4% and PCY held 3.7% of their portfolios in Venezuela. The prospect of a gain or loss in a particular country is a drop in...
by Dale_G
Mon May 08, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: TSP Investment Options questioned
Replies: 10
Views: 1135

Re: TSP Investment Options questioned

I think the idea is to take something simple and easy to understand - then add a bunch of stuff to it to make it complex and difficult to understand.

Drum roll! Time for a couple million federal workers to hire a financial advisor.

Dale
by Dale_G
Tue May 02, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 4003

Re: Car Warranty Lies

Did you "review" the warranty - or actually read the terms and conditions. The answer will be in the contract. I hope you weren't misled, but the time to read the contract is before you sign it regardless of what a salesman tells you.

Dale
by Dale_G
Mon May 01, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is NOW an okay time?
Replies: 15
Views: 2435

Re: Is NOW an okay time?

goblue100 - a very nice presentation. No telling what the future brings, but it should provide some confidence for those worried about investing at "all time highs".

Keep track of your post, I'm sure you will get a chance to recycle it many times in the future.

Dale
by Dale_G
Mon May 01, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is NOW an okay time?
Replies: 15
Views: 2435

Re: Is NOW an okay time?

Since I began beginning seriously investing in 1982, I wouldn't be surprised if I have seen at least a 1,000 new highs, usually a few S&P500 points above the previous high, but new highs none-the-less. Much of the money I ever invested was at close to "all time highs", but a significan...
by Dale_G
Sun Apr 30, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting Tax Guide - 2017
Replies: 18
Views: 3002

Re: Interesting Tax Guide - 2017

I read the first 34 pages. I noticed a few minor errors, but this looks like a good general investing tax guide - especially for folks new to investing.

Dale
by Dale_G
Fri Apr 28, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 206
Views: 17426

Re: What is your overall portfolio weighted expense ratio

0.075%, but it still equals more than 5% of my annual living expenses - neglecting taxes. Good thing I am not with Ed Jones, Ameriprise, et al.

Keep up the good work Vanguard :D .

Dale
by Dale_G
Sat Apr 22, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: TLH question please. Doing my taxes.
Replies: 10
Views: 997

Re: Re:UPDATE. TLH question please. Doing my taxes.

But about that 2.5K carryover for next year.... -Will I have to remember it exists and to enter it, or will Turbo Tax remember it when I use their software again next year? -Are carryovers first applied toward capital gains again or only ordinary income going forward? Yes, TurboTax will remember th...
by Dale_G
Mon Apr 17, 2017 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 14672

Re: Too much inheritance to handle. Advice needed

pintail07 spoke of this up-thread, but I want to emphasize that if the AXA investment is an annuity, there is a "free look" period during which you can cancel the contract. The free look period may be as short as 10 days depending on your state law. The free look period usually starts on t...
by Dale_G
Mon Apr 17, 2017 10:37 pm
Forum: Investing - Theory, News & General
Topic: "Commodities in Your Portfolio? 'Hogwash...'"
Replies: 21
Views: 2921

Re: "Commodities in Your Porfolio? 'Hogwash...'"

Gee, it has only been a decade or so of under-performance. You have to give these things time - maybe a couple of generations, but think of the tail risks you avoid. You have to ignore the actual return of commodities and consider the risk adjusted return of the portfolio. If the risk adjusted retur...
by Dale_G
Sat Apr 15, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: The great commodities debate
Replies: 39
Views: 6874

Re: The great commodities debate

Welcome back Rick
by Dale_G
Sat Apr 15, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my children's inheritance
Replies: 33
Views: 3061

Re: How to invest my children's inheritance

There is no "one size fits all". Since my invested assets have more than doubled since I retired in 2001, I expect that I am going to leave most behind. I have two sons +/- 50 years old, never married, with good jobs and their own investments. I am 70% equities and 30% bonds. The bonds are...
by Dale_G
Thu Apr 13, 2017 1:12 am
Forum: Investing - Help with Personal Investments
Topic: absolute amount or % to trigger a TLH
Replies: 12
Views: 972

Re: absolute amount or % to trigger a TLH

I am in a similar situation, but with more tax loss carry-forward and more unrealized capital gains. But at 79 YO I don't expect to ever use up the losses against ordinary income and I have no need or desire to recognize the capital gains and offset them with the losses. I'll let my muni bond fund l...
by Dale_G
Mon Apr 10, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Selling my condo with owner financing?
Replies: 24
Views: 1834

Re: Selling my condo with owner financing?

I would be willing to go the seller financed route - with slightly better than conventional interest rate and 20% or more down payment. If the buyer has real skin in the game, you should be pretty well protected.

Looking for a cash buyer if preferable, but maybe not in the cards.

Dale
by Dale_G
Thu Apr 06, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need more fixed income in tax-deferred accounts
Replies: 19
Views: 1402

Re: Need more fixed income in tax-deferred accounts

The State Street fund is an excellent low cost bond index fund that follows the Barclay's Aggregate US bond market. Not to worry that it has no ticker - this fund with it's very low expense ratio is available to 40x plans - and perhaps some institutional investors.

Dale
by Dale_G
Wed Apr 05, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds in a Taxable Account
Replies: 14
Views: 1665

Re: Muni Bonds in a Taxable Account

Hi heanbean. I think it is fine to hold some muni's in taxable as a fairly stable substitute for an emergency fund. I realize that RMD time seems to be w-a-a-a-y in the future for you, but if you expect equities to outperform bonds over that period, you are likely to be in a better tax situation by ...