Search found 17758 matches

by dbr
Sat Feb 13, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: I have a question when taking SS at 70
Replies: 12
Views: 675

Re: I have a question when taking SS at 70

Social Security is not directly related to Required Minimum Distributions, which generally start April 1 of the year following the calendar year in which you reach age 70½ ( IRS Retirement Topics - Required Minimum Distributions ). But it would give you more time at lower income for a Roth conversi...
by dbr
Sat Feb 13, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: I have a question when taking SS at 70
Replies: 12
Views: 675

Re: I have a question when taking SS at 70

randomguy wrote:What do you mean by relief?


I suspect a possibility there might be something like a Roth rollover when having the advantage of low taxable income before SS and RMDs kick in.
by dbr
Sat Feb 13, 2016 7:08 pm
Forum: Investing - Theory, News & General
Topic: Using CD's instead of bonds
Replies: 12
Views: 952

Re: Using CD's instead of bonds

Many postings here on this forum have mentioned, suggested, or outright recommended the use of CDs for fixed income. There are many discussions of details including ladders, bank CDs, brokered CD's, finding the best deals on CDs, issues about early redemption of CDs, etc. Some browsing would find ma...
by dbr
Sat Feb 13, 2016 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand back-end fees
Replies: 7
Views: 387

Re: Trying to understand back-end fees

See here: http://www.morningstar.com/funds/XNAS/FUNCX/quote.html The "fees" you are trying to understand are that expense ratio of 1.79% that I estimated just about on the button. For some help you can read here: https://www.bogleheads.org/wiki/Expense_ratios The good news is that fund doe...
by dbr
Sat Feb 13, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is a Will required?
Replies: 10
Views: 597

Re: Is a Will required?

Yes, it was also my understanding that all joint accounts would not require a will. I will contact my friend in New Jersey again to see if I understood him correctly. He did say that the will was required to get one half of the assets unfrozen and that is was a joint account. I will also contact my...
by dbr
Sat Feb 13, 2016 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand back-end fees
Replies: 7
Views: 387

Re: Trying to understand back-end fees

Usually the fee is a % of purchase price per share, where you may sell some or all of the shares. But why on earth are you even considering an investment that has fees of that magnitude? If this is an investment you have already made, you probably should just get out as soon as you can. The more ty...
by dbr
Sat Feb 13, 2016 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: help please, burden of sister-in-law threatens happy marriage
Replies: 30
Views: 2607

Re: help please, burden of sister-in-law threatens happy marriage

Have you considered that she might be bi-polar? If she is and if she will take meds (some won't), this situation might be much easier to work with. The doctor, if you have contact with him, might have an idea. Or alcohol or drugs might be the problem. Often, people will eventually chose to address ...
by dbr
Sat Feb 13, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is a Will required?
Replies: 10
Views: 597

Re: Is a Will required?

I am not a lawyer, but isn't it true that all JTWROS, POD/TOD, beneficiary listings on IRAs etc. are outside probate and not affected by the terms of any will or absence of will. I am not clear why a will would have to be shown in such cases. The death certificate would be needed. It is also true th...
by dbr
Sat Feb 13, 2016 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand back-end fees
Replies: 7
Views: 387

Re: Trying to understand back-end fees

Usually the fee is a % of purchase price per share, where you may sell some or all of the shares. But why on earth are you even considering an investment that has fees of that magnitude? If this is an investment you have already made, you probably should just get out as soon as you can. The more typ...
by dbr
Sat Feb 13, 2016 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: help please, burden of sister-in-law threatens happy marriage
Replies: 30
Views: 2607

Re: help please, burden of sister-in-law threatens happy marriage

1) she will spend every penny of available cash 2) she will utilize all credit 3) she understands we won't let her live on the street and will allow herself to get into financial trouble knowing we'll bail her out 4) every conversation with her is extremely painful. At times she is incapable of log...
by dbr
Sat Feb 13, 2016 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Very short term investment with Betterment
Replies: 5
Views: 259

Re: Very short term investment with Betterment

It makes no sense to mess around with bonds in a case like this, especially not by trying to go to some investment company.
by dbr
Sat Feb 13, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: I am leaving too much $ on the table by retiring 1 year early?
Replies: 26
Views: 1860

Re: I am leaving too much $ on the table by retiring 1 year early?

A quick look at http://www.immediateannuities.com says that $1,000 a month at your age is worth $200,000. I'd suck it up and stay the extra year. Edit: I just noticed it's a COLAed pension. That's worth a lot more, maybe $300k? L. These decisions are easy when it is a one-time increment for meeting...
by dbr
Sat Feb 13, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Noob question about Reinvesting Dividends
Replies: 4
Views: 358

Re: Noob question about Reinvesting Dividends

Yes, or maybe .. . The act of reinvesting does not create realized capital gains. Those are already created when distributed. On that count the two methods are equal, or more accurately, irrelevant. The maybe comes from the fact that you will be slowly altering the relative amounts invested in the t...
by dbr
Sat Feb 13, 2016 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Should I shift from taxable to tax advantaged?
Replies: 5
Views: 453

Re: Should I shift from taxable to tax advantaged?

This doesn't sound like an issue about tax advantaged investing. It is an issue about what constitutes an acceptable emergency fund. You are effectively saying that you want to be prepared for things being so bad that after a year of living with no income you still expect to have less income than yo...
by dbr
Sat Feb 13, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Bizarre lease problem
Replies: 29
Views: 1884

Re: Bizarre lease problem

I'd like to help my friends, but I don't even know where to start. They have an attorney, the lesees have court appointed representation. . . It doesn't seem right that all work and expenses fall on the lessors. Where do you find the laws on this situation and are they any options for friends? Ther...
by dbr
Sat Feb 13, 2016 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 5
Views: 760

Re: Bonds

I dom't think my post was clear. I'm interested in hearing a discussion about whether I should be concerned about the risk of default that exists with the intermediate term investment grade bond fund, given the uncertainty of today's economic climate. I think exchanging this fund for the total bond...
by dbr
Sat Feb 13, 2016 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing my Vanguard Portfolio (dump Kiplinger funds?)
Replies: 6
Views: 590

Re: Optimizing my Vanguard Portfolio (dump Kiplinger funds?)

Hatred arises when people see an investor having their money taken away through high costs in the expense ratio, in trading costs inside high turnover funds, and due to tax losses for holding inefficient funds in taxable accounts. It also arises when investors are deceived into thinking they can &qu...
by dbr
Sat Feb 13, 2016 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Help with buying back in after broker transition to Vanguard
Replies: 12
Views: 805

Re: Help with buying back in after broker transition to Vanguard

As others have said you should be thinking of investing as realizing a diversified, low cost, tax efficient portfolio. You appear to be picking funds without a rationale for what the plan as a whole should be. It might not hurt to spend some time in the getting started section of the Wiki and after ...
by dbr
Fri Feb 12, 2016 10:01 am
Forum: Investing - Theory, News & General
Topic: Why Aren't Long Term Treasuries Recommended Instead of Total Bond Market?
Replies: 53
Views: 4359

Re: Why Aren't Long Term Treasuries Recommended Instead of Total Bond Market?

> The attack i might take towards a lower duration fund like a total bond market fund, would be that one is breaking the general rule of thumb to match your duration with your investment horizon. If it has a 5-6yr duration, but you have every intention of investing 15+ years in a retirement account...
by dbr
Wed Feb 10, 2016 9:47 pm
Forum: Investing - Theory, News & General
Topic: How to calculate annual standard deviation from monthly returns
Replies: 46
Views: 1749

Re: How to calculate annual standard deviation from monthly returns

Kevin, From what I've gathered, in this thread, statistical measures, like standard deviation, are mostly used to make projections into the future. That would be contrary to my objectives; so, I will not add it into the returns spreadsheet. I would say it is far more important than that. The essenc...
by dbr
Wed Feb 10, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Personal Advisor Service
Replies: 21
Views: 2435

Re: Opinion on Vanguard Personal Advisor Service

It just seems odd to recommend muni bonds when you have a tax deferred account that could hold your bonds.
by dbr
Wed Feb 10, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 47
Views: 3682

Re: -24% Return over 2 years

So when using the xirr function, my first value is to be negative, but what would that value be if I never invested any money up front? My starting value was 0 and then I have made biweekly contributions since inception. What value do I start with to find the true return from February 2014 to Febru...
by dbr
Wed Feb 10, 2016 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 47
Views: 3682

Re: -24% Return over 2 years

EDIT: I think the above posters just said this while I was typing: If they're listing a personal return for you, it could also be factoring in when you, in particular, put money into funds (bi weekly from your paychecks) and how that money, in particular, are doing. For example, if I look at the pe...
by dbr
Wed Feb 10, 2016 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 47
Views: 3682

Re: -24% Return over 2 years

Why not run an XIRR calc in Excel using the monthly contributions? then we'll what the number represents and what to compare it with. That is correct. We and you need to know what the returns were when different amounts of money were actually exposed to the market. That is the difference between wh...
by dbr
Wed Feb 10, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Move 401k to stable value and lose no more principal
Replies: 14
Views: 1191

Re: Move 401k to stable value and lose no more principal

thanks all for the input; yield on stable value fund for past 12 months is +2.03 whereas TDF 2020 lost .31 and I don't see why with only 5 years until retirement my wife should see her 401k tank. She contributes the max plus catch-up and employer has a generous match. Maybe I am feeling a bit timid...
by dbr
Wed Feb 10, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Personal Advisor Service
Replies: 21
Views: 2435

Re: Opinion on Vanguard Personal Advisor Service

**Update** After speaking with Vanguard this is the plan they came up with. Any thoughts? Goal analysis: Retirement Holdings by asset class Asset class Current Recommended U.S. large-cap stock Vanguard Total Stock Market Index Fund Admiral Shares $0 $90,720 $0 0% $90,720 38% U.S. mid/small-cap stoc...
by dbr
Wed Feb 10, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Looking for reassurance with 401k portfolio performance
Replies: 4
Views: 203

Re: Looking for reassurance with 401k portfolio performance

You could look here: http://portfoliosolutions.com/latest-learnings/blog/portfolio-solutions-30-year-market-forecast-2015 and notice from the standard deviations of returns estimated there that roughly speaking as much as one third of the time stocks can have returns in excess of 20% up or 20% down ...
by dbr
Wed Feb 10, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: delicate conversation with grandparents
Replies: 42
Views: 3617

Re: delicate conversation with grandparents

The easiest and most practical course is to proceed as if this money will never materialize. If you are asking people like me who don't know you and your family, that would probably be the obvious advice. I also wonder, even if this plan is locked solid in place, if planning on a windfall to cover c...
by dbr
Wed Feb 10, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Help--protecting mother's joint assets from father with dementia?
Replies: 15
Views: 1353

Re: Help--protecting mother's joint assets from father with dementia?

You can take your mother to see an elder care attorney. Maybe she can move assets to shield them from your father? I agree. I have seen a similar situation at near first hand. Going to court for a legal order of custody or guardianship seems to be a necessary step. That worked out very well in our ...
by dbr
Wed Feb 10, 2016 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard Investment Advisory Service worth it?
Replies: 14
Views: 1301

Re: Is Vanguard Investment Advisory Service worth it?

Snaber: I agree with most of the other posters. There is a place for the Vanguard Advisory Services if a person knows nothing about investing (I have recommended it to my spouse in my "Dear Darlene" letter), it is much better than getting caught in variable annuities or 1.5% AUM fees. Tha...
by dbr
Wed Feb 10, 2016 9:17 am
Forum: Investing - Help with Personal Investments
Topic: helping someone start a business (under my name)
Replies: 3
Views: 166

Re: helping someone start a business (under my name)

I think you need to seek local legal advice from a qualified attorney in the country and jurisdiction where you want to attempt this, assuming you are in a country where civil law even works that way.
by dbr
Tue Feb 09, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $30k from a trust in a mutual fund?
Replies: 7
Views: 465

Re: Would you invest $30k from a trust in a mutual fund?

The title pretty much says it all. I am the trustee of a supplemental needs trust for my 70 year old aunt. The total assets of the trust will be about $38k after I prepay her funeral. I plan to keep 5-8k in a local savings account for immediate needs. She is currently on medicaid and I have spoken ...
by dbr
Tue Feb 09, 2016 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance into bonds during a falling market?
Replies: 8
Views: 682

Re: Rebalance into bonds during a falling market?

Due to benign neglect over a number of years, my asset allocation in my 401K has drifted to be much more aggressive than I would prefer for my age. (53 years old, per my plan I should be around 68% equities, but I'm at about 78%.) I'm now *slowly* adjusting my AA, both by contributing a larger perc...
by dbr
Tue Feb 09, 2016 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 47
Views: 3682

Re: -24% Return over 2 years

rrioux wrote:Sorry for the privacy violation...



The concern is for your privacy. It is probably a good idea not to place too much specific information about yourself on an internet forum.
by dbr
Tue Feb 09, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 47
Views: 3682

Re: -24% Return over 2 years

I would suspect some sort of misunderstanding or a miscalculation.
by dbr
Tue Feb 09, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1206

Re: High school curriculum: Is filling out tax forms part of it?

I have never heard of any school around here doing such a thing. I have in fact thought of doing exactly that on an occasion or two, but I don't actually teach in the classroom. I agree it should be taught. It ought to be in civics if not in math if not in "things you need to know to live in so...
by dbr
Mon Feb 08, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Move 1M from 401k at 59 ½ ?
Replies: 17
Views: 2151

Re: Move 1M from 401k at 59 ½ ?

Personally, I like the idea of not having absolutely everything tied up at one firm. It could be inconvenient if/when there is an IT glitch or some reason the account gets frozen by overzealous fraud detectors or some other disconnect. There are some state dependent differences in liability protecti...
by dbr
Mon Feb 08, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 55
Views: 2850

Re: Planning a High-Value Wedding Regardless of Cost

Further PS We did not serve alcohol at all at our wedding. That is not because we are teetotalers (ask me about single malts) but because it is unnecessary and there are lots of beverages that are as good or better. That especially means not trying to hire a bartender and bar service at some club or...
by dbr
Mon Feb 08, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 55
Views: 2850

Re: Planning a High-Value Wedding Regardless of Cost

We got married at home and had a pot-luck reception with friends supplying decoration, food, music etc. I guess the whole thing was a few hundred bucks for the wedding and maybe 70 or 80 people at the reception. Biggest wedding costs were for the minister, flowers, and probably the most for family ...
by dbr
Mon Feb 08, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 55
Views: 2850

Re: Planning a High-Value Wedding Regardless of Cost

We got married at home and had a pot-luck reception with friends supplying decoration, food, music etc. I guess the whole thing was a few hundred bucks for the wedding and maybe 70 or 80 people at the reception. Biggest wedding costs were for the minister, flowers, and probably the most for family d...
by dbr
Mon Feb 08, 2016 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation Homes
Replies: 59
Views: 5747

Re: Vacation Homes

I don't agree with you. This is not a Boglehead decision but a personal one. It depends on circumstances and desires. Like most decisions to buy homes, vacation or otherwise, this is a lifestyle decision more than a financial decision. I know lots of people who are very happy owning vacation homes. ...
by dbr
Mon Feb 08, 2016 9:54 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6073

Re: Sibling's destination wedding?

Did we ever get a definition of "destination wedding" by the op? Also, 10% of take home for a major family event? Yep, definitely would do it, particularly if I knew further in advance. No, and I'm sorry for choosing to be a little vague. It's hard to know if family (or friends of family)...
by dbr
Mon Feb 08, 2016 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Is 20 years long enough
Replies: 6
Views: 1658

Re: Is 20 years long enough

Four things: 1. The market is always volatile. It is not more volatile now than before in general. 2. Your investments should be balanced between stocks and bonds. Half in a total market stock fund and half in a total market bond fund would be an example. This tempers risk while also allowing for so...
by dbr
Mon Feb 08, 2016 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 10
Views: 1351

Re: Moms $

It might be helpful to broaden the view on what you want to accomplish. If the general idea is to help her with some income for the indefinite future an example of a completely different idea is to buy her an SPIA (single premium immediate annuity). That would give up the $50,000 forever in exchange...
by dbr
Mon Feb 08, 2016 9:04 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6073

Re: Sibling's destination wedding?

Scotttheking wrote:Did we ever get a definition of "destination wedding" by the op?

Also, 10% of take home for a major family event? Yep, definitely would do it, particularly if I knew further in advance.
by dbr
Sun Feb 07, 2016 4:15 pm
Forum: Personal Consumer Issues
Topic: The Coming Boglehead Zombie Apocalypse (LED bulbs)
Replies: 94
Views: 7136

Re: The Coming Boglehead Zombie Apocalypse (LED bulbs)

..... Also less likely to break (plastic instead of glass), last a long time, no mercury, etc. Okay, now I AM confused. The LED bulbs I bought I thought were made of glass. They sure felt like glass. Are there 2 kinds of LED bulbs - glass and plastic? :? See for example: http://www.geek.com/news/cr...
by dbr
Sun Feb 07, 2016 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Enhancing Yield with adjustments to the Total Bond Index
Replies: 21
Views: 1108

Re: Enhancing Yield with adjustments to the Total Bond Index

saltycaper wrote:"Enhancing yield" of a bond fund is just a euphemism for taking more risk. There's no secret formula here.


Which also repeats lack_ey's point that it is just about whether you want that risk added in credit risk or in the equity risk of the portfolio or in some other risk.
by dbr
Sun Feb 07, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: How to calculate annual standard deviation from monthly returns
Replies: 46
Views: 1749

Re: How to calculate annual standard deviation from monthly returns

What I don't understand is how to get "Mm" which is defined as the expected value of monthly returns . Why should I care about some "expected value" when dealing with historical data? "Expected" doesn't mean expected. It is stat-speak for average value of monthly retur...
by dbr
Sun Feb 07, 2016 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: would like to increase ss payment
Replies: 10
Views: 1246

Re: would like to increase ss payment

There is this: http://www.marketwatch.com/story/took-s ... 2012-11-30

I don't know if the file and suspend was not changed recently.

Why not call SS and ask?

Go to advanced search