Search found 5350 matches

by Phineas J. Whoopee
Sun Dec 04, 2016 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to define "Retirement?"
Replies: 38
Views: 2125

Re: How to define "Retirement?"

If we're going to converse we, unfortunately, have to use words.
PJW
by Phineas J. Whoopee
Sun Dec 04, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to define "Retirement?"
Replies: 38
Views: 2125

Re: How to define "Retirement?"

rob wrote:I think retired is easy.... not earning salary. Not something to over-think IMO.

By that rubric unemployment is retirement. I don't buy it.
PJW
by Phineas J. Whoopee
Sun Dec 04, 2016 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Given EE bonds - what to do?
Replies: 11
Views: 991

Re: Given EE bonds - what to do?

Hi iwrotecode, and welcome to the forum! Those are some high rates, on those EE bonds. Nowhere else today can you get 4% on a completely safe and liquid investment. ... I'd like to use the bonds for debt / house down-payment, but I'm not sure if I should just let them sit and continue to accrue inte...
by Phineas J. Whoopee
Sun Dec 04, 2016 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable VS Non-Taxable Accounts
Replies: 11
Views: 704

Re: Taxable VS Non-Taxable Accounts

Hi CH, and welcome to the forum!

You may want to begin by reading our wiki article Tax-efficient fund placement.

PJW
by Phineas J. Whoopee
Sun Dec 04, 2016 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: FYI .... I Bond Variable Return Now ....
Replies: 1
Views: 480

Re: FYI .... I Bond Variable Return Now ....

That's the case for I Bonds purchased during this six month period (November through April). Many, but not all, older I Bonds, those that have a non-zero real rate, pay more, although they'll rotate in to the current inflation-based rate depending on the month they were originally bought. It's also ...
by Phineas J. Whoopee
Sat Dec 03, 2016 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: comments on this 2 funds
Replies: 21
Views: 1117

Re: comments on this 2 funds

jafcorrea wrote:...
okay, so every time i ask a question I need to show what i have in my portfolio :beer

If you've already started a portfolio review thread, you can add to it, or refer to it.

If you already did so, I apologize for not looking up whether you did.

PJW
by Phineas J. Whoopee
Sat Dec 03, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Consider Dividends As Income?
Replies: 65
Views: 3766

Re: Do You Consider Dividends As Income?

One Ping wrote:...
When I start SS at age 70, and no longer need them to support living expenses, they will once again be reinvested and become of the portfolio total return.

Doesn't the standard definition of the term total return included dividends not reinvested?
PJW
by Phineas J. Whoopee
Sat Dec 03, 2016 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: comments on this 2 funds
Replies: 21
Views: 1117

Re: comments on this 2 funds

... Thanks for the info, sorry but I am new here, and I do understand why to I need to show/tell what do i have in my portfolio every time I have a question? :confused The reason we ask is because it's best to consider all of one's holdings as a single portfolio. For your question, whether you shou...
by Phineas J. Whoopee
Sat Dec 03, 2016 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: comments on this 2 funds
Replies: 21
Views: 1117

Re: comments on this 2 funds

If you put 80% into S&P 500, and 20% into Extended Market, your asset allocation will be approximately the same as Total Stock. Your first option emphasizes small- and mid-cap, but also non-S&P 500 large-cap, companies more. If that's what you want, after careful consideration, it's a perfe...
by Phineas J. Whoopee
Sat Dec 03, 2016 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Consider Dividends As Income?
Replies: 65
Views: 3766

Re: Do You Consider Dividends As Income?

This is another question which, like whether a house is an investment, may be one of word definition, not math or finance. I get dividends inside tax-advantaged accounts, including a Roth IRA. The do I have to pay income tax question doesn't apply to them, does it? Any other investment return inside...
by Phineas J. Whoopee
Sat Dec 03, 2016 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Installment loan to boost credit score.
Replies: 20
Views: 989

Re: Installment loan to boost credit score.

I'm told my lack of ever having an installment loan is hurting my credit score. What would be an easy and quick way to take out an installment loan without getting involved buying over priced Fingerhut items? The first question is whether your present credit score is hurting you in any practical wa...
by Phineas J. Whoopee
Fri Dec 02, 2016 11:36 pm
Forum: Investing - Theory, News & General
Topic: TIPS in the accumulation phase
Replies: 3
Views: 421

Re: TIPS in the accumulation phase

Close be it to me to disagree with Mr. Ferri, but I don't see how 20% of some other %, meaning what, 10% of a 50/50 portfolio, in TIPS would make any important difference at all, in any phase. TIPS are useful if one would be hurt by unexpectedly high inflation and holds significant fixed income. If ...
by Phineas J. Whoopee
Fri Dec 02, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Annual "Free" Physical
Replies: 6
Views: 1243

Re: ACA Annual "Free" Physical

And, if I may, before somebody else does, I'll point out that it isn't "free." It's included in the premium, and has no copay nor coinsurance. Some actuarially-significant proportion of those covered will choose not to get one.
PJW
by Phineas J. Whoopee
Fri Dec 02, 2016 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or Traditional IRA??? New Investor
Replies: 17
Views: 644

Re: Roth IRA or Traditional IRA??? New Investor

... OK, then we do agree! Good. the decision involves your top marginal tax bracket today...vs. your effective tax rate later.... Bad. You're referring to one IRA contribution vs. one distribution, as does the wiki article, correctly. That's not what I'm talking about in the quote you gave, and I b...
by Phineas J. Whoopee
Fri Dec 02, 2016 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or Traditional IRA??? New Investor
Replies: 17
Views: 644

Re: Roth IRA or Traditional IRA??? New Investor

... Unfortunately these comments about traditional are not true. As noted by David Jay, see http://www.bogleheads.org/wiki/Traditional_versus_Roth. If that write-up is too dry, see Fundamental Difference in Roth and Traditional 401k - Bogleheads.org and read down to the "OMG I get it!" pa...
by Phineas J. Whoopee
Fri Dec 02, 2016 3:05 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 114
Views: 4499

Re: What percentage of international do you hold?

My model is 40% of equities. However, at my relatively low allocation of 40%, that would mean 16% of portfolio international, 24% US. Such tiny differences mean nothing, expectantly, plus it strains my brain, so I call it 15%/25% of portfolio, which means really the target is 37.5%. My rebalance ban...
by Phineas J. Whoopee
Fri Dec 02, 2016 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or Traditional IRA??? New Investor
Replies: 17
Views: 644

Re: Roth IRA or Traditional IRA??? New Investor

I prefer Traditional because I get the immediate tax benefit at marginal tax rates I contribute. Then, when I rollover or take the money out during retirement, I will first fill up lowest take rates (0%, 10%, etc...). What you write about traditional is true, important, and recognized less often th...
by Phineas J. Whoopee
Fri Dec 02, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or Traditional IRA??? New Investor
Replies: 17
Views: 644

Re: Roth IRA or Traditional IRA??? New Investor

is it true that you can withdraw principal without penalty, just not interest earned? I usually don't complain about that particular usage of terms, but I worry this time it may be revealing a misunderstanding. Unless you intend to put the Roth IRA funds into a savings account, or perhaps a CD, or ...
by Phineas J. Whoopee
Thu Dec 01, 2016 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: At 10x, how long before I reach 25x?
Replies: 18
Views: 3562

Re: At 10x, how long before I reach 25x?

I got there primarily by reducing x.
PJW
by Phineas J. Whoopee
Wed Nov 30, 2016 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

White Coat Investor wrote:...
I'm sure more very reasonable exceptions could be found, particularly among Bogleheads. But I think you agree with my main point. Teach me never to say never or always.

Sure:

Hardly ever say never.

PJW
by Phineas J. Whoopee
Wed Nov 30, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

... It's my opinion that if you've ever carried a balance on a credit card, you shouldn't be using a credit card at all. They're really not for credit, but rather for convenience. I'm not arguing with your general point, but I am willing to stand up and be counted. When I successfully defended my t...
by Phineas J. Whoopee
Wed Nov 30, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed with Identity theft
Replies: 7
Views: 539

Re: Help needed with Identity theft

Sorry to hear that. Just a possibility: my bank, and the different provider of one of my credit cards, and my homeowner's insurance policy all offer identity theft help. The latter includes a limited reimbursement amount, including for unpaid time away from work. Maybe somebody you already do busine...
by Phineas J. Whoopee
Wed Nov 30, 2016 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Short question on no. of funds in portfolio
Replies: 7
Views: 712

Re: Short question on no. of funds in portfolio

... - What is the argument for 3 fund portfolio as suppose to the 1 fund? greater diversification perhaps? ... The argument isn't so much for three literal funds, as it is for simply choosing total market stock funds for US and international markets, which should be good enough, and a total (but so...
by Phineas J. Whoopee
Tue Nov 29, 2016 11:33 pm
Forum: Investing - Theory, News & General
Topic: "Radical Fix for 401(k)s"
Replies: 6
Views: 829

Re: "Radical Fix for 401(k)s"

So you're saying he's saying what I'm saying he's saying: down with fiduciary duty?
PJW
by Phineas J. Whoopee
Tue Nov 29, 2016 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Improve The Three-Fund Portfolio?
Replies: 8
Views: 703

Re: Improve The Three-Fund Portfolio?

rattlenap wrote:... What other funds can you add to improve it? Personally, I can only think of three funds at most to add and the reasons are below.
...

What are you attempting to achieve? Without that information any suggestions for improvement run the risk of harming it instead.

I am not being facetious.

PJW
by Phineas J. Whoopee
Tue Nov 29, 2016 11:08 pm
Forum: Investing - Theory, News & General
Topic: "Radical Fix for 401(k)s"
Replies: 6
Views: 829

Re: "Radical Fix for 401(k)s"

Down with fiduciary duty?
PJW
by Phineas J. Whoopee
Tue Nov 29, 2016 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard fund
Replies: 9
Views: 925

Re: Question on Vanguard fund

I agree with lack_ey, and would like to add that Vanguard can't, even if it wanted to, publish after-tax returns based on your personal tax situation, because they don't know and have no way to find out what it is.
PJW
by Phineas J. Whoopee
Tue Nov 29, 2016 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help me sell our TIPS
Replies: 11
Views: 968

Re: Help me sell our TIPS

My opinion, which some well-respected posters disagree with, is if after careful thought and for good reason you've concluded your present portfolio is not appropriate for you, and a different one is clearly better, the rational course of action is to make the change immediately, or at least as imme...
by Phineas J. Whoopee
Tue Nov 29, 2016 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

... The snowball method makes little sense to me but I agree that it is better than nothing . Same with a book from someone like like Suze Orman. Some of the advice is not the best, but as a whole it is better than nothing and it is very easy to understand and inspiring. Almost everyone uses money ...
by Phineas J. Whoopee
Tue Nov 29, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Unable to sell shares I "own" ??
Replies: 7
Views: 1332

Re: Unable to sell shares I "own" ??

It's very easy for organizations to write long documents, and even print them in tiny little light gray type. I'm not blaming OP for the situation. I'm asking OP: did you fully understand the terms of the share grants at the time you started to receive them? If not, in what way was the clause you ci...
by Phineas J. Whoopee
Tue Nov 29, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How your future SS benefit depends on assumptions for national average wage growth and CPI/inflation changes
Replies: 4
Views: 396

Re: How your future SS benefit depends on assumptions for national average wage growth and CPI/inflation changes

Good info, thanks neurosphere. In the help file for the anypia estimation tool, the detailed calculator that's fully flexible, the Social Security Administration suggests assuming zero wage growth and ignoring inflation if projecting one's own benefit. I agree that's the most reasonable. Choose the ...
by Phineas J. Whoopee
Tue Nov 29, 2016 3:28 pm
Forum: Investing - Theory, News & General
Topic: "Sequence of returns risk"
Replies: 42
Views: 2750

Re: "Sequence of returns risk"

You have one $. It goes up 50%. You now have $1.50 Your $1.50 now goes down 50%. You now have $0.75 !! :confused You have $1.00. It goes up by $0.50. You now have $1.50. You have $1.50. It goes down by $0.50. You now have $1.00. $0.50 is 50% of $1.00, and 33% of $1.50. $0.75 is 75% of $1.00, and 50...
by Phineas J. Whoopee
Mon Nov 28, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Percentage break down on the 3 fund Portfolio
Replies: 9
Views: 758

Re: Question on Percentage break down on the 3 fund Portfolio

... But what you are saying, you can invest but just adjust as needed . On the off chance there has been any misunderstanding, the idea is one chooses an allocation between stocks and fixed income, like bonds, such as for example yours of 70% stocks and 30% bonds. Over time, because US stocks, fore...
by Phineas J. Whoopee
Mon Nov 28, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

... If not for the purpose of insinuating I am a liar, why else would you say "I'm not gonna call your a liar etc.."? ... Because disagreeing with you was not meant to imply you were intentionally saying something wrong. Sometimes when I disagree I'm accused of such insinuations. I tried ...
by Phineas J. Whoopee
Mon Nov 28, 2016 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

... I saw a study that found that paying off lower works better. Obviously there will be exceptional people but on average it works better. ... I'm not gonna call you a liar and say you didn't see a study. I'm sure you did, even without a link to it. I am going to say that on average applies to gro...
by Phineas J. Whoopee
Mon Nov 28, 2016 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help sister?
Replies: 71
Views: 5853

Re: Best way to help sister?

... My mother can’t take her anymore and has asked her to move out. My sister asked me to buy her a house. Her plan is to rent out a room to cover taxes, insurance and utilities. ... Usually I read but don't respond to these sorts of threads, out of fear of moralizing, and out of its being too clos...
by Phineas J. Whoopee
Mon Nov 28, 2016 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2598

Re: "behavioral" not financial approach to paying down/off credit cards?

... From a purely "logical" and financial point of view, paying extra on the highest rate cards makes sense, B UT what approach is most likely to keep him "on track"? Some folks suggest that attacking the LOWEST balance accounts first is more lilely to "motivate" the p...
by Phineas J. Whoopee
Sat Nov 26, 2016 8:48 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3189

Re: What is your personal rate of inflation?

Inflation is a monetary phenomenon that affects everybody with the same currency. If somebody tells me they had 5% "personal inflation" last year and I had 0% "personal inflation", I've yet to meet anybody who would trade me $105 of their dollars for $100 of mine. People's perso...
by Phineas J. Whoopee
Sat Nov 26, 2016 7:01 pm
Forum: Investing - Theory, News & General
Topic: Composition of US National Debt
Replies: 28
Views: 2777

Re: Composition of US National Debt

... In terms of actionable steps, have any of you considered the size of the US national debt in making your investment decisions? If so, what was the thought process behind it? The short answer is I know about it, but it doesn't change my investing choices. The long answer is if the federal govern...
by Phineas J. Whoopee
Sat Nov 26, 2016 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need Money Market Fund or similar recommendations
Replies: 4
Views: 488

Re: Need Money Market Fund or similar recommendations

The sort of account you need is often called online savings or high yield savings. depositaccounts.com is a good resource: Compare Savings Account Rates . ... Money market accounts , from FDIC-insured banks, are often competitive with high yield savings accounts. Different depository institutions c...
by Phineas J. Whoopee
Sat Nov 26, 2016 1:19 pm
Forum: Investing - Theory, News & General
Topic: Composition of US National Debt
Replies: 28
Views: 2777

Re: Composition of US National Debt

Can someone please educate me on the composition of US National Debt of close to $20 Trillion? ... See p. 25 of the 2016 Bureau of the Fiscal Service audit for debt held by the public. Intragovernmental debt is on p. 27. I don't think the process for deciding how much to issue in varying maturities...
by Phineas J. Whoopee
Sat Nov 26, 2016 1:08 am
Forum: Investing - Help with Personal Investments
Topic: TLT and individual treasury bond TLH pair or wash sale?
Replies: 6
Views: 264

Re: TLT and individual treasury bond TLH pair or wash sale?

DSInvestor wrote:You can probably sell TLT for a loss and buy Vanguard Long Term Treasury Admiral VUSUX er=0.10% as a replacement holding.
...

Good idea. I personally would be completely comfortable doing that, too. For TLH purposes.
PJW
by Phineas J. Whoopee
Sat Nov 26, 2016 12:57 am
Forum: Investing - Theory, News & General
Topic: Market cycle and return to historical average.
Replies: 23
Views: 1435

Re: Market cycle and return to historical average.

pkcrafter wrote:You can get 12% if you listen to Dave Ramsey. :happy
Paul

Yeah? In that case I'll gladly spend hours and hours listening to him. Where do I sign? :D
PJW
by Phineas J. Whoopee
Sat Nov 26, 2016 12:45 am
Forum: Investing - Help with Personal Investments
Topic: TLT and individual treasury bond TLH pair or wash sale?
Replies: 6
Views: 264

Re: TLT and individual treasury bond TLH pair or wash sale?

... If I sell depreciated shares in iShares 20+ Year Treasury Bond ETF (TLT) and buy individual long term individual treasury bonds from Vanguard's bond desk in my taxable account, will this count as a wash sale? Are they "significantly different" ? I would buy bonds with 20-30 years to m...
by Phineas J. Whoopee
Fri Nov 25, 2016 11:23 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3189

Re: What is your personal rate of inflation?

... That is to say, I can't answer the question as asked because I don't have the data . Phineas J. Whoopee, I live in the same general area for about 10 years. My annual expense stays about the same. Effectively, my personal inflation rate is about zero percent for the last 10 years. KlangFool I m...
by Phineas J. Whoopee
Fri Nov 25, 2016 11:12 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3189

Re: What is your personal rate of inflation?

KlangFool wrote:...
We do this all the time. We may spend less on something and spend more on something else.
...

What you write is true, but isn't the mainstream economic definition of the term inflation.
PJW
by Phineas J. Whoopee
Fri Nov 25, 2016 10:54 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3189

Re: What is your personal rate of inflation?

And, pursuant to my reply to KlangFool just above, I can read from my long Microsoft Money history how much I spent each year, but not enough detail about what specifically I bought to work out inflation as it applied to me. I know I spent more after I finished paying off school debts and before I q...
by Phineas J. Whoopee
Fri Nov 25, 2016 10:48 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3189

Re: What is your personal rate of inflation?

randomguy, Why won't it be the same at an individual level? KlangFool I'm not randomguy, but one's own spending depends on what they buy. If I celebrated with beer and peanuts for Thanksgiving last year, and champagne and caviar this, my spending would have gone up but not because of inflation. PJW
by Phineas J. Whoopee
Fri Nov 25, 2016 10:21 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds when Rates Rise?
Replies: 16
Views: 2355

Re: Bond Funds when Rates Rise?

If (a big if) the Fed starts to slowly raise rates quarterly, will the VG Total Bond Fund necessarily continue to decline ? ... Presumably you're asking about the Net Asset Value , NAV. According to Vanguard's website today, the Total Bond Market Index Fund , VBMFX, NAV dropped by one cent, from $1...

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