Search found 21462 matches

by dbr
Tue Apr 25, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 33
Views: 2792

Re: Investing $1M

I would add that like the $1M investment not being viewed in isolation from everything else you have, the $30K income should not be viewed in isolation from the rest of your financial situation. Isolating both of those into a separate discussion results in some irrelevant concerns. It is all about ...
by dbr
Tue Apr 25, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 33
Views: 2792

Re: Investing $1M

I've recently come into some money (a little over $1M) and have retired in my mid-30s. I want this money to produce $30k/yr after-tax income for me and my family for life. I totally subscribe to buying and holding low-cost index funds and withdrawing for income. However, now just does not seem to b...
by dbr
Tue Apr 25, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 33
Views: 2792

Re: Investing $1M

People can only respond to what is posted. It makes a great deal of difference if the $30K suggested is an amount that the investor has no ability to risk compared to the case of an investor who has a great deal of ability to tolerate and manage an uncertain outcome.

Further answers in another post.
by dbr
Tue Apr 25, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 92
Views: 5994

Re: Why is Real-Estate so Bad?

I just want to know IF we ignore the work and time involved, plus ignore the risks involved (obviously it is apparent that you would be much less diversified owning a rental than stocks). Lets also ignore the appreciation of either because as I see it both could go up or down. Which will yield more...
by dbr
Tue Apr 25, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Doctor fees - Insured vs uninsured patients
Replies: 27
Views: 2521

Re: Doctor fees - Insured vs uninsured patients

I have Aetna ( HDHP). I have access to a service called Wellmatchhealth.com and I looked up prices for my visit among various providers. When i look up my Ophthalmologist, I see this: Regular price without Aetna $204 Aetna member rate $90 Your savings $114 Plan Pays $0 Amount towards deductible $90...
by dbr
Tue Apr 25, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 92
Views: 5994

Re: Why is Real-Estate so Bad?

. . . What I like about real estate is that you are not far removed from understanding the whys or how's of your revenue stream, . . . That also says that if you don't understand the whys or hows of your income stream, then you are probably in deep trouble with this sort of venture. I agree with yo...
by dbr
Tue Apr 25, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 33
Views: 2792

Re: Investing $1M

I think the biggest question to ask is how far you are going to get on $30k income for the rest of your lives including raising and educating children etc. Of course you haven't said this is your only source of income, and nothing precludes going out and earning money at any point in time. The risk ...
by dbr
Tue Apr 25, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Car troubles?
Replies: 18
Views: 912

Re: Car troubles?

In my opinion this is probably all reasonable and the cost is probably not excessive. As said, you can check another garage for an estimate. Note the reply to check timing belt vs timing chain is a big deal. I also agree none of these is a must do today. Broken fan belts (serpentine belt) are a real...
by dbr
Tue Apr 25, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 92
Views: 5994

Re: Why is Real-Estate so Bad?

Just from crunching some numbers, my parents say you can expect around 3,000$ from monthly rental income for every 500K invested in RE. Is this leveraged or unleveraged? How long have your parents been RE investors? Did they start investing before or after the RE crash of 2008? Ignoring appreciatio...
by dbr
Tue Apr 25, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Single Premium Immediate Annuity
Replies: 16
Views: 1095

Re: Single Premium Immediate Annuity

My thoughts on SPIAs are that in this low interest rate environment the returns aren't that appealing. I took a look at what you get per 100k of investing and didn't get all that excited. That is a consideration, but return is not a term that is applicable to comparing an insurance proposition to a...
by dbr
Tue Apr 25, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Car sharing with neighbors and liability
Replies: 13
Views: 965

Re: Car sharing with neighbors and liability

My first stop would be my auto insurance company. If you have asked about insuring an LLC, what have they said otherwise about how this could work. My second thought is to ask how all the problems that could develop are worth doing this. It would seem the potential for sleepless nights has already m...
by dbr
Tue Apr 25, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 92
Views: 5994

Re: Why is Real-Estate so Bad?

What kind of hit would be reasonable to expect on your monthly rental income from these holding expenses? An argument against holding real estate, and this is not meant to be snarky, is that if you are asking questions like this here, you probably should not be investing in real estate. If you are ...
by dbr
Mon Apr 24, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: A few questions about International... VXUS, VEA, VWO... low returns
Replies: 24
Views: 1503

Re: A few questions about International... VXUS, VEA, VWO... low returns

That's what Vanguard quotes for the fund's performance since inception (2007) for VEA. Maybe someday the SEC will make it illegal to quote data like that. dbr, May I ask why you feel that way? If someone went in 10 years ago with one lump sum, no dollar cost averaging(which is my current situation ...
by dbr
Mon Apr 24, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 32
Views: 2508

Re: Becoming a homeowner/landlord in a college town?

You might have second thoughts about living part of the year in parts of town where student rentals are concentrated. Also, "students gone in the summer" needs to be verified depending on the town and the college. A better bet might be parts of town where faculty and staff tend to live. Al...
by dbr
Mon Apr 24, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 92
Views: 5994

Re: Why is Real-Estate so Bad?

There are some general considerations to keep in mind. 1. What is the prospect for return relative to the chances that return will not develop. Real estate is not immune to loss of value, sometimes substantial. The value of real estate goes up and down and is not "real" until you sell it. ...
by dbr
Mon Apr 24, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 52
Views: 3119

Re: Is $20K I-Bonds considered cash or bond?

In the spirit of the last couple of replies and some other comments, I think the point here is that trying to identify cash as an asset class separate from low risk assets relative to stocks usually ends up more confusing than helpful. From an AA point of view we sometimes use the word "bonds&q...
by dbr
Sun Apr 23, 2017 9:35 pm
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

Whatever it is that is going on in that specific case can hardly be generalized to your conclusion about all pensions.

What it is that is going on would appear to take some explaining for sure.
by dbr
Sun Apr 23, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1091

Re: Just left my company and exercised my options [invest now or DCA?]

I think the best answer about how people feel is to ask them. Of course this is not simple if we mean to speak in general as we would have to collect a very large sample. Maybe the first question we should ask of any particular poster on the question of DCA is "How are you feeling about this an...
by dbr
Sun Apr 23, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 52
Views: 3119

Re: Is $20K I-Bonds considered cash or bond?

I don't know how people come up with their own definition of cash. To me cash is liquid, does not have a holding period, does not result in a change in value with the market (other than inflation). If I go to Best Buy to buy a computer I cannot hand them an I-Bond, E-Bond, or CDs. I can give them p...
by dbr
Sun Apr 23, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 52
Views: 3119

Re: Is $20K I-Bonds considered cash or bond?

I don't know how people come up with their own definition of cash. To me cash is liquid, does not have a holding period, does not result in a change in value with the market (other than inflation). If I go to Best Buy to buy a computer I cannot hand them an I-Bond, E-Bond, or CDs. I can give them p...
by dbr
Sun Apr 23, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1091

Re: Just left my company and exercised my options [invest now or DCA?]

The underlying assumption on my part here is that the OP is considering the possibility of short term remorse if the OP has unlucky timing: if a single lump sum is invested and the market crashes within the DCA period. Your underlying assertion seems to be that it would be wrong to feel such remors...
by dbr
Sun Apr 23, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 575

Re: Truly appreciate your suggestions on my investments

What do you guys think of this plan? Thanks again I think the outline makes a lot of sense. I don't get the miniscule bits and pieces in the odd fund, especially things like tiny allocations to TIPS or healthcare. TIPS might make sense for a lot of money rather than a little. I don't think most peo...
by dbr
Sun Apr 23, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 52
Views: 3119

Re: Is $20K I-Bonds considered cash or bond?

In questions like this there is no "is considered" but anyone can certainly themselves consider I bonds to be either depending on what the distinction means to you. Most often in the context of a forum like this the issue would be whether or not the asset is marketable and has a fluctuati...
by dbr
Sun Apr 23, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

That was not my comment. But they may have meant that employees who left the company before accruing enough years to vest the pension benefit (or who died before collecting the pension benefit) receive nothing and their contributions help pay for the benefits paid to those who stay with the company...
by dbr
Sun Apr 23, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

Even the Federal Government TSP subsidizes its operating costs with money left behind by short term participants. This is not the windfall alleged by the OP,however.
by dbr
Sun Apr 23, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 575

Re: Truly appreciate your suggestions on my investments

Taxable - $70K 20% cash 14K (5.5K is for 2017 Roth IRA contribution) 16% Fidelity® 500 Index Fund - Premium Class fund FUSVX $11K ER- .045% net and gross same 16% Fidelity® Total Market Index Fund - Premium Class FSTVX $11K ER-.045% net and gross same 32% Vanguard 500 Index Fund Admiral Class VFIAX...
by dbr
Sun Apr 23, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 52
Views: 3119

Re: Is $20K I-Bonds considered cash or bond?

In questions like this there is no "is considered" but anyone can certainly themselves consider I bonds to be either depending on what the distinction means to you. Most often in the context of a forum like this the issue would be whether or not the asset is marketable and has a fluctuatin...
by dbr
Sun Apr 23, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

Part of the calculation has to do with how much increased a person's compensation might have been had some employees at some employer not had a pension. Included is that other employees don't have a pension at that employer. At one point in time Megacorp terminated their pension plan for new hires. ...
by dbr
Sun Apr 23, 2017 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1091

Re: Just left my company and exercised my options [invest now or DCA?]

If the results favored lump sum investing 90% of the time, or even 80% of the time, I think that would be "overwhelming" odds. But two thirds of the time? That's a likely outcome, but the alternative one third of the time a lump sum under-performs is no small minority. This misunderstands...
by dbr
Sun Apr 23, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

When I started working for my employer 33 years ago and one would comment about the defined benefit plan pension I thought yada yada ya...Four years from retirement, now I think what a "beautiful" thing. A defined benefit plan along with all other assets and savings equal a beautiful reti...
by dbr
Sun Apr 23, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

When I started working for my employer 33 years ago and one would comment about the defined benefit plan pension I thought yada yada ya...Four years from retirement, now I think what a "beautiful" thing. A defined benefit plan along with all other assets and savings equal a beautiful reti...
by dbr
Sun Apr 23, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Why are pensions revered, but annuities reviled?
Replies: 110
Views: 8128

Re: Why are pensions revered, but annuities reviled?

Can anyone point me to decent research papers comparing the merits of SPIAs with self-managed alternatives (using bonds, etc.)? Wade Pfau has done a lot of work on this subject. Here is a nice supplement he provided to an article he wrote which walked through different assumptions and scenarios and...
by dbr
Sun Apr 23, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1091

Re: Just left my company and exercised my options [invest now or DCA?]

Asking about DCA is a symptom that you are not comfortable with your proposed asset allocation. You should do nothing with the money, meaning keep it as cash, until you are sure what your investing plan should be. It could be that with a meaningful change in wealth your need, ability, and willingnes...
by dbr
Sun Apr 23, 2017 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Investing a windfall
Replies: 7
Views: 1108

Re: Investing a windfall

You are wasting your time and will be making bad decisions trying to project future prospects from your assessment of assets being "overvalued," whatever that means. A better plan would be to assess your appropriate asset allocation in light of changed circumstances, namely being wealthier...
by dbr
Sun Apr 23, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Buying weekend home: suburbs or rural? (yard privacy important)
Replies: 24
Views: 2010

Re: Buying weekend home: suburbs or rural? (yard privacy important)

One can only respond to what you have written. What you have written is that a suburban home will not work for you. It is not isolated enough or private enough. Based on my experience your assessment is probably accurate both as to benefits and drawback of rural vs suburban living. If you want to be...
by dbr
Sun Apr 23, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% unlimited Cash back Card - Weird...
Replies: 17
Views: 1777

Re: USAA 2.5% unlimited Cash back Card - Weird...

It is also true that credit card companies consider total credit extended, number of credit cards, number of recently opened credit cards, etc.
by dbr
Sun Apr 23, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: VG Advisory Services
Replies: 6
Views: 575

Re: VG Advisory Services

At VG's recommendation some time ago, I did follow their advice and bought a small amount of International Bond Fund. Since then, it has out-performed their Total Bond Fund. So, while not necessary in a portfolio, I have been satisfied with its performance. A consideration for you. Good luck & ...
by dbr
Sun Apr 23, 2017 7:27 am
Forum: Personal Consumer Issues
Topic: 2017 Mazda CX-5 vs. 2017 Honda CRV
Replies: 17
Views: 2015

Re: 2017 Mazda CX-5 vs. 2017 Honda CRV

Yes, polarized sun glasses are a problem for many displays. Sometimes I make the mistake of trying to buy gas and not taking off my sunglasses. Then I wonder why the gas pump display is broken :oops:
by dbr
Sun Apr 23, 2017 7:05 am
Forum: Investing - Help with Personal Investments
Topic: VG Advisory Services
Replies: 6
Views: 575

Re: VG Advisory Services

I agree with retiredjg.

This is a formula VG has arrived at that hardly reflects a necessary investment selection.
by dbr
Sat Apr 22, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Relatively "Safe" Place to Earn 2.5%-4%
Replies: 24
Views: 3125

Re: Relatively "Safe" Place to Earn 2.5%-4%

I agree you need the advice of a lawyer rather than a discussion forum on investing. Nevertheless it would be interesting for discussion if you told us exactly what the wording of the bylaws is. Unfortunately both "risky" and "safe" as applied to investments are not words that ha...
by dbr
Sat Apr 22, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: A few questions about International... VXUS, VEA, VWO... low returns
Replies: 24
Views: 1503

Re: A few questions about International... VXUS, VEA, VWO... low returns

AlohaJoe wrote:
That's what Vanguard quotes for the fund's performance since inception (2007) for VEA.


Maybe someday the SEC will make it illegal to quote data like that.
by dbr
Sat Apr 22, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: My Doctor says I am "unusual" (declining some blood tests)
Replies: 50
Views: 6148

Re: My Doctor says I am "unusual" (declining some blood tests)

I have found that as a patient or friend or relative of a patient you need to be prepared to advise any doctor you visit of the existence of data. Yesterday I was with a relative at a neurologist. He had a recent CAT scan up and made some comment about how an MRI would be helpful. I was able to poin...
by dbr
Sat Apr 22, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: A few questions about International... VXUS, VEA, VWO... low returns
Replies: 24
Views: 1503

Re: A few questions about International... VXUS, VEA, VWO... low returns

Christian NY wrote:I don't like International (0.56% annual return for Developed Markets???)


That is not an estimate of the expected return from international developed markets. Where did you get that number?
by dbr
Sat Apr 22, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Hardest invest Q of all [when to retire]
Replies: 14
Views: 1629

Re: Hardest invest Q of all [when to retire]

You retire when you are done with working and are ready to live on whatever resources you have available. I know it is common here to fix a "number" based on when one has saved enough, but one can also decide that one is prepared to retire on what one has. Have you looked at any of the ret...
by dbr
Sat Apr 22, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: VPAS Investment Plan Check
Replies: 10
Views: 620

Re: VPAS Investment Plan Check

I can't understand your multiple lists of fund opportunities, which are existing investments, and which are proposed investments. What is the recommendation from VPAS that you are asking about? It appears you have multiple taxable accounts but are getting rid of one, a retirement account with the Fe...
by dbr
Sat Apr 22, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Help with Personal Rate of Return from Vanguard.com
Replies: 2
Views: 570

Re: Help with Personal Rate of Return from Vanguard.com

The correct calculation for return in the presence of contributions or withdrawals is internal rate of return. You can calculate that using the XIRR function in Excel. The calculation takes account of what you contribute and when. You can Google for the details or read the description in Excel Help....
by dbr
Fri Apr 21, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Hedging against divorce
Replies: 17
Views: 4331

Re: Hedging against divorce

gasdoc wrote:What if the mutual funds, in non-retirement accounts, are owned jointly? Can one name simply be removed, or is that considered a "transfer?"

gasdoc


I am pretty sure the broker creates a new account and transfers the assets. I could be mistaken.
by dbr
Fri Apr 21, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Moving from 10 to 2 funds - capital gains?
Replies: 12
Views: 1434

Re: Moving from 10 to 2 funds - capital gains?

Two things that are tricks are: 1. Look through the holdings by tax lot and see of some positions can be sold that have no gain or unrealized losses. This does not really help if completely eliminating the position for simplicity is the goal. 2. Charitable donations may be an option. If you are alre...
by dbr
Fri Apr 21, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: CPA or TurboTax
Replies: 18
Views: 1406

Re: CPA or TurboTax

A person can always use a CPA once to find out if one is missing something one should have known.

I agree most people don't have enough going on that the interview format in TT wouldn't catch everything.
by dbr
Fri Apr 21, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard "Personal Performance"; those with accounts >10 years
Replies: 6
Views: 689

Re: Vanguard "Personal Performance"; those with accounts >10 years

AllenSmith wrote:That seems lame -- its not that much more data to keep on hand, is it?


Seemingly. They even publish fund data "from inception."

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