Search found 18484 matches

by dbr
Fri May 27, 2016 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Consider Taxes When Evaluating Asset Allocation?
Replies: 9
Views: 224

Re: Do You Consider Taxes When Evaluating Asset Allocation?

Okay, with a closer look, that's a very interesting discussion (in the link) and one I'll follow, but what I think I'm really asking is, if I wanted a simple 80/20 stock/bond split, and some of that goes in a 401(k) and the rest in taxable, do I need to discount the 401(k) value by my anticipated f...
by dbr
Fri May 27, 2016 11:28 am
Forum: Personal Finance (Not Investing)
Topic: RMD paid after a death to the incorrect person through a savings account with a different named beneficiary
Replies: 8
Views: 762

Re: RMD paid after a death to the incorrect person through a savings account with a different named beneficiary

Regarding the last two replies, that is probably the essence of it. If the estranged wife is not willing to return the money to you in the light of what amounts to an error, then you probably should consult an attorney regarding how you might proceed either through the executor or against the wife. ...
by dbr
Fri May 27, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: New Book: Living off Your Money (Michael McClung)
Replies: 33
Views: 3188

Re: New Book: Living off Your Money (Michael McClung)

3. The author himself describes this book as “a 75-page how-to book wrapped in a much larger why-it’s-so book.” To reach a wider audience, one suggestion might be to make the 75-page how-to book available via a PDF download or Kindle version at a reduced price. If more wonkish retirees then want to...
by dbr
Fri May 27, 2016 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Transferring from Ed Jones without being Taxed
Replies: 15
Views: 466

Re: Transferring from Ed Jones without being Taxed

The information that you have to actually sell to incur taxes is correct. That assumes you mean investments in a taxable account. The problem is that you probably should sell anything EJ might have sold you, but that would have to be determined. It is also possible that some investments can't be tra...
by dbr
Fri May 27, 2016 8:48 am
Forum: Personal Consumer Issues
Topic: Advice on Mom's Fence / Neighbor
Replies: 43
Views: 2197

Re: Advice on Mom's Fence / Neighbor

Start with a survey. It is not optional. Re: cost, it should not be much. Before extending a fence, we contacted the surveyor whose name was printed on the survey we received with the closing documents, and asked him to mark the pins for the corners of the property. Cost: $100. Well worth it. It co...
by dbr
Fri May 27, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 86
Views: 4059

Re: Painting House Interior - How easy to do it yourself?

I don't think that the consumer's unwillingness to pay that is the reason for the business being "filled with hacks." Painting is an very easy and low investment business to get into. This results in a lot of competitors including many business amateurs which results in little to no prici...
by dbr
Fri May 27, 2016 8:31 am
Forum: Investing - Theory, News & General
Topic: Tax considerations: Only an Asset Location decision??
Replies: 11
Views: 386

Re: Tax considerations: Only an Asset Location decision??

Taxes are not a question of philosophy but a highly complex and technical practical question. I don't think I am aware of a general analysis. This is actually a pretty good question that is going to take some thought. The two Wiki articles I know of on this are: https://www.bogleheads.org/wiki/Tax-e...
by dbr
Thu May 26, 2016 10:25 pm
Forum: Investing - Theory, News & General
Topic: What is evidence based investing?
Replies: 12
Views: 694

Re: What is evidence based investing?

I would suggest it means absolutely nothing and instead look at what is actually presented instead of going by a label.
by dbr
Thu May 26, 2016 10:23 pm
Forum: Investing - Theory, News & General
Topic: New Book: Living off Your Money (Michael McClung)
Replies: 33
Views: 3188

Re: New Book: Living off Your Money (Michael McClung)

PS. I was sold after reading that the author perceives risk (for retirees) as loss of income (over the entire retirement period) instead of loss of value (of one's portfolio at one point in time). Loss of income vs loss of value. There is so much wisdom (and factual truth) to this simple statement....
by dbr
Thu May 26, 2016 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 36
Views: 2432

Re: The Three-Fund Portfolio

(capital-gain taxes are cancelled at death). I did not know that. I thought they would be paid by the estate when the final year's income taxes were filed after death and then the cost basis rest for whoever receives the stock. I think the statement means to refer to the basis reset. If the decease...
by dbr
Thu May 26, 2016 8:45 am
Forum: Personal Consumer Issues
Topic: Comfortable Vehicle Front Seats
Replies: 62
Views: 9513

Re: Comfortable Vehicle Front Seats

I am actually thinking of getting an Outback. I did a quick test drive and liked the seats overall but I also didn't mind the seats in my car when I first test drove it so that doesn't really say much. Those with Subarus that don't like your seats - what trim level do you have and what don't you li...
by dbr
Wed May 25, 2016 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Fund as a retirement bucket?
Replies: 9
Views: 653

Re: Stable Value Fund as a retirement bucket?

Stable value funds generally are good options for fixed income. The downside is that they can be opaque, making it difficult to confirm the actual risks. The risk overall should be comparable to a high quality bond fund, but probably trading off some term risk for some credit risk (i.e. taking on t...
by dbr
Wed May 25, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Fund as a retirement bucket?
Replies: 9
Views: 653

Re: Stable Value Fund as a retirement bucket?

Stable value funds are within the class of bond funds, more or less, and make perfect sense as a conservative or "bond" asset in a portfolio. In my opinion there is no point to a specific cash bucket in a retirement portfolio. Presumably you are not otherwise proposing a 100% stocks portfo...
by dbr
Wed May 25, 2016 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Cashing in $50K of assets - best place to pull from?
Replies: 20
Views: 1579

Re: Cashing in $50K of assets - best place to pull from?

A first answer is that things that have losses should be sold anyway to harvest tax losses. Whether they want to do that or give them to someone else to take the losses is up to them. After that I would sell for minimal gains and/or to keep assets in balance. You can't give away losses. The donee o...
by dbr
Wed May 25, 2016 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4691

Re: Need Moral Support for FA Breakup!

[ The way to move on efficiently is to call your new custodian (Vanguard, Fidelity, Schwab, etc) and have them get the ball rolling. Absolutely When you ask to "take control of the account", I'm not sure anyone knows what that means. You've got to get the new custodian involved, especiall...
by dbr
Wed May 25, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Short term bond funds?
Replies: 7
Views: 917

Re: Short term bond funds?

Why would you shorten your bond duration in a holding aimed at a 12+ year time frame? As they say, bonds should be more stable, less price movement and corporate bond funds have more price movement than say government bonds. Also, if your argument was that my timeframe doesn't need any short term b...
by dbr
Wed May 25, 2016 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Cashing in $50K of assets - best place to pull from?
Replies: 20
Views: 1579

Re: Cashing in $50K of assets - best place to pull from?

A first answer is that things that have losses should be sold anyway to harvest tax losses. Whether they want to do that or give them to someone else to take the losses is up to them. After that I would sell for minimal gains and/or to keep assets in balance.
by dbr
Wed May 25, 2016 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Short term bond funds?
Replies: 7
Views: 917

Re: Short term bond funds?

Why would you shorten your bond duration in a holding aimed at a 12+ year time frame?
by dbr
Tue May 24, 2016 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Planning my RMD
Replies: 12
Views: 1114

Re: Planning my RMD

I need to take an RMD this year. At this time, I have taken only a very small amount of it. I have both stock funds and bond funds in my IRA account. My allocation to stocks is above my target. Accordingly, I plan to take my RMD from stock funds. The market is somewhat high at present. Is it a good...
by dbr
Tue May 24, 2016 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Financial Engines 401k management
Replies: 26
Views: 1686

Re: Financial Engines 401k management

As I recall FE does financial planning based on the assumption the investor will put the entire portfolio into an SPIA at retirement... True to this day. Which is why I stopped using FE even though it was offered free through my employer's plan while I was working and before I retired. I feel like ...
by dbr
Mon May 23, 2016 5:47 pm
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2444

Re: Ineffective/Dangerous Sunscreens

So not only do We have to worry about whether sunscreens actually provide the stated protection, but now we have to worry about trading one risk for another. What's the common sense Bogleheads non-medical but good-consumer answer here? Avoid sunscreens and cover up instead. There is quite a variety...
by dbr
Mon May 23, 2016 5:33 pm
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 86
Views: 4059

Re: Painting House Interior - How easy to do it yourself?

The biggest problem that continues to haunt the house we have lived in for thirty three years is the continued removing and correcting of the paint jobs people who thought they could paint and couldn't have applied to the place. I think I am a pretty good painter and I also use professionals for som...
by dbr
Mon May 23, 2016 5:22 pm
Forum: Investing - Theory, News & General
Topic: irreverent??? [Bogleheads' Guide to Investing]
Replies: 19
Views: 2305

Re: irreverent???

In the context it is intended as praise.
by dbr
Mon May 23, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4691

Re: Need Moral Support for FA Breakup!

People sometimes comment about being able to get up in morning and look themselves in the mirror. In this case the question is how do you look this guy in face during all the years to come that he is managing your parents estate and taking their (and your) money. I don't have an answer to that but w...
by dbr
Mon May 23, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: The Perils of Historical Asset Returns
Replies: 19
Views: 1791

Re: The Perils of Historical Asset Returns

http://i.imgur.com/NlMVf9f.jpg Historical population and GDP growth from McKinsey Global Institute Future population growth from United Nations Population Division It is going to take some serious thinking to understand how to interpret a time series in which some data is lumped over a millennium, ...
by dbr
Sun May 22, 2016 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis problem with Vanguard re inherited assets
Replies: 16
Views: 1293

Re: Cost basis problem with Vanguard re inherited assets

Can somebody clarify that Vanguard has nothing to do with this? The trustee notifies the beneficiary of the cost basis and that should be the end of it? How would Vanguard obtain any information other than also from the trustee? This would all be from a legal perspective. However, if Vanguard has lo...
by dbr
Sun May 22, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: What to do with individual stock
Replies: 6
Views: 675

Re: What to do with individual stock

I think it is always acceptable to list the basis as zero and pay up the tax cost. Whether or not that is a better idea than giving the stock away I am not sure, but it does seem income less taxes is better than nothing.
by dbr
Sun May 22, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Understanding How Financial Advisors Are Compensated, by Wade Pfau
Replies: 16
Views: 1958

Re: Understanding How Financial Advisors Are Compensated by Wade Pfau

In general investors cannot afford to pay what advisors require to stay in business. That is pretty much the whole story right there. Disclaimer: I will admit to cases where an investor should pay the cost, but for pure advising distinct from the services of an attorney or a tax accountant, these ca...
by dbr
Sun May 22, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Why am I paying 36% tax on W2 salary ???
Replies: 12
Views: 2363

Re: Why am I paying 36% tax on W2 salary ???

If your problem is having NY taxes withheld when it should be NJ, then you should talk to your employer to see what is what.
by dbr
Sun May 22, 2016 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Understanding How Financial Advisors Are Compensated, by Wade Pfau
Replies: 16
Views: 1958

Re: Understanding How Financial Advisors Are Compensated by Wade Pfau

I would not even remotely attempt to question people's personal financial process unless asked directly, and that has never happened, excepting my own children and managing the affairs of one elderly parent. Even then I would be very circumspect. I agree in principle. I would like to find a way tho...
by dbr
Sun May 22, 2016 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Still double checking bank checkbook math?
Replies: 46
Views: 2335

Re: Still double checking bank checkbook math?

I keep my checkbook on an Excel spreadsheet and generally double check. The bank does not seem to make mistakes though from time to time I do (forgetting to enter data).
by dbr
Sun May 22, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Why am I paying 36% tax on W2 salary ???
Replies: 12
Views: 2363

Re: Why am I paying 36% tax on W2 salary ???

Possible taxes are Federal, NY State, NY City(?), Social Security, and Medicare. With a minimal number of exemptions I would think total of withholding and FICA paid could easily be that. You are clear on the difference between income tax withholding and actual taxes paid after refunds or tax due on...
by dbr
Sun May 22, 2016 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plans - One Year to Go
Replies: 25
Views: 2620

Re: Retirement Plans - One Year to Go

By Roth benefits, I am interested in the conversion costs and benefits relative to leaving the traditional IRA in place.... It's all about taxes. Conversion means paying taxes now on the amount converted in order for all withdrawals in the future to be tax free. To put numbers on that you will have...
by dbr
Sat May 21, 2016 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with individual stock
Replies: 6
Views: 675

Re: What to do with individual stock

If you sell the stock capital gains would be based on the value paid by your family member. If these are at a loss, then now is a good time to liquidate this stock. The problem comes when there are taxable gains. Adding to your emergency fund or the Roth account are both reasonable possibilities for...
by dbr
Sat May 21, 2016 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

I went through fifteen years of tracking net worth and found in that period the largest monthly increase in net worth was +5.75% and the largest monthly loss in net worth was -7.44%. If that were related to $100,000 in value that would be up about $6,000 or down $7,500 in a single month, at the extr...
by dbr
Sat May 21, 2016 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can not access my vanguard account!
Replies: 11
Views: 788

Re: Can not access my vanguard account!

I managed to get in!! :sharebeer I don't normally check my account often as a good ole boglehead should (last time was prolly 6+ months ago) It was pretty scary when they said they sent the unlock code to my email address and nothing arrived. I managed to get in by entering the incorrect unlock cod...
by dbr
Sat May 21, 2016 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding How Financial Advisors Are Compensated, by Wade Pfau
Replies: 16
Views: 1958

Re: Understanding How Financial Advisors Are Compensated by Wade Pfau

I would not even remotely attempt to question people's personal financial process unless asked directly, and that has never happened, excepting my own children and managing the affairs of one elderly parent. Even then I would be very circumspect.
by dbr
Sat May 21, 2016 11:23 am
Forum: Personal Consumer Issues
Topic: surface street or freeway commute?
Replies: 32
Views: 1510

Re: surface street or freeway commute?

Definitely the freeway. But although you characterize yourself as 'texasdiver' if this is in Texas there can still be adverse weather conditions of freezing rain, sleet, etc. and it would be good to understand what happens to those two routes in bad weather. Where I live urban freeways get first att...
by dbr
Sat May 21, 2016 11:17 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

I should add that as you post that you are married, it could be the analysis should apply to you as a couple. That does not preclude that couples could invest independently for a variety of reasons.
by dbr
Sat May 21, 2016 10:22 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

So critical of everything and your projections are all the same for me that I'm headed for disaster. No, you are not headed for disaster because you are doing good things such as looking to Vanguard for investments and asking questions here. The only thing people are really saying is to take a slow...
by dbr
Sat May 21, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis problem with Vanguard re inherited assets
Replies: 16
Views: 1293

Re: Cost basis problem with Vanguard re inherited assets

Dale G. Yes I think you nailed it on VNQ. Return of capital is the term the Vanguard rep used when trying to explain difference in cost basis. Thank you for that. Note - I've edited original post to simplify it. So the conclusion is that the trustee gave the wrong value. Since the authoritative dat...
by dbr
Sat May 21, 2016 9:21 am
Forum: Investing - Help with Personal Investments
Topic: is it worth it to add REITs to my simple 3 fund portfolio?
Replies: 24
Views: 1167

Re: is it worth it to add REITs to my simple 3 fund portfolio?

Of course it doesn't literally cost anything to add a tilt to REITS in a portfolio. A Vanguard REIT fund is as low cost and efficiently run as most other Vanguard funds. If the investment in not in a taxable account the high, unqualified dividends of REITS will not be a problem. Theoretically there ...
by dbr
Sat May 21, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

shakenbake, I'm going to agree with you, DODIX is not an appropriate bond fund for you. It contains about 45% high quality bonds and also contains about 40% junk bonds, and the overall rating is BBB. The junk bonds are going to increase volatility and that isn't good for a new risk averse investor....
by dbr
Sat May 21, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

All invested money. The dividends were paid cash and some of that was most likely covering my respresentative fees at Metlife. Over your lifetime your investment success will be far more diminished by paying fees to Metlife than it will from any variations in the value of DODIX. Besides, why are yo...
by dbr
Sat May 21, 2016 8:30 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

yeah I didn't like it. I had 16,900.00 invested in it and it kept sliding down. Made me a nervous wreck. You could look here to get an idea how the price of a share moves around over time (bet sure to set the time scale to "max" : http://finance.yahoo.com/echarts?s=DODIX+Interactive#{%22u...
by dbr
Sat May 21, 2016 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Dividends [What funds pay them?]
Replies: 33
Views: 1499

Re: Dividends

The account I'm working with now is an IRA so they shouldn't hurt me right? But yes I have more cash I want to invest so with that account I will need to pay tax on those earnings I am assuming. A specific article on taxes and investing is here: https://www.bogleheads.org/wiki/Tax-efficient_fund_pl...
by dbr
Sat May 21, 2016 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Dividends [What funds pay them?]
Replies: 33
Views: 1499

Re: Dividends

I would suggest going to the getting started section of this forum to systematically learn more about investing. It might be the cheapest and most valuable thing you can do. There probably are classes in finance at local colleges, but the focus will not be on an introduction to investing useful to t...
by dbr
Sat May 21, 2016 8:20 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1728

Re: DODIX

If you are that nervous about the value of investments moving around you should not be invested in either stocks or bonds. However, that is not really a constructive solution. A better idea is to learn more about investments and understand why it makes sense to put money into things that don't stay ...

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