Search found 432 matches

by gerntz
Fri Jan 20, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 32
Views: 3518

Re: What's a bearish investor to do?

So the problem with gold is when to get in (when will it go lower?) and when to get out (when will the next crisis really be over?). That's market timing. The long term return of gold has not been good so your money there could be wasted (not growing as you expect). If you own an ounce of gold now,...
by gerntz
Wed Jan 18, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 32
Views: 3518

Re: What's a bearish investor to do?

So the problem with gold is when to get in (when will it go lower?) and when to get out (when will the next crisis really be over?). That's market timing. The long term return of gold has not been good so your money there could be wasted (not growing as you expect). If you own an ounce of gold now,...
by gerntz
Mon Jan 16, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6150

Re: Cardinal Sin - went to cash the day before 2016 election

Don't see a reason to be upset over what's happened in these 2.5 months. Heck, I'm down about 1.5% since election due to gold & bonds. Just decide where you want to be & stick with it. An advisor once asked me how big an assets loss I could stomach. I said 40%. He said that in a black swan e...
by gerntz
Mon Dec 12, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Age to Take Social Security: The Ideal and the Reality
Replies: 86
Views: 12017

Re: Age to Take Social Security: The Ideal and the Reality

I honestly don't fully understand the "wait" decision from a financial standpoint. You are taking a lot of risk by not taking the money. And the payback timeline for a breakeven analysis for most people is in their early 80s, which is at roughly the current mortality age for men/women. Th...
by gerntz
Mon Dec 12, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Age to Take Social Security: The Ideal and the Reality
Replies: 86
Views: 12017

Re: Age to Take Social Security: The Ideal and the Reality

I think it is naïve to think that most people have the option of waiting till 70 to collect SS. You either have to be in a profession that will allow you to work till 70 or you will need to have saved enough to cover the gap from the time you retire to age 70. Most on this board are lucky enough to...
by gerntz
Mon Dec 12, 2016 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Playing with some tax numbers
Replies: 13
Views: 997

Re: Playing with some tax numbers

Buy a tax prep program & plug in the numbers.
by gerntz
Sun Dec 11, 2016 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Long-Term Gains and taxes (early retirement strategy)
Replies: 16
Views: 1819

Re: Long-Term Gains and taxes (early retirement strategy)

You can use that appreciated stock for gifting & deduct the current value while the cap gains tax goes away if gifted to charity. That's actually my current strategy; monthly I buy more VTSAX shares with what I would've contributed to a couple of charities and then once a year I donate shares i...
by gerntz
Sun Dec 11, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Federal Taxes underwithheld
Replies: 37
Views: 2652

Re: 2016 Federal Taxes underwithheld

Another way to add extra to get the total withholding needed would be to withdraw the necessary amount from a tax-deferred account and arrange that ALL of it be "withheld". If you are old enough (you are in retirement), there would be no penalty. Any rules about quarterly requirements wou...
by gerntz
Sun Dec 11, 2016 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Long-Term Gains and taxes (early retirement strategy)
Replies: 16
Views: 1819

Re: Long-Term Gains and taxes (early retirement strategy)

If the growth is mostly from dividend reinvestment, then your capital gains may a good deal less than you might be guessing they are. Do you know what your cost basis is for your various lots? JW yeah - I finally went through and calculated (to the best of my knowledge) my cost basis for all the sh...
by gerntz
Fri Dec 09, 2016 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Where does Gold fit in passive investing
Replies: 18
Views: 1557

Re: Where does Gold fit in passive investing

I hold gold ETF's to the tune of 6-7% of assets. I see them as a cash reserve as easily accessible as a CD. It can only be devalued by those that don't see it as having value & not by governments. That alone is a significant reason to hold for me. I don't get the commodity view of gold at all. I...
by gerntz
Sun Nov 13, 2016 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: REITs, Gold & Commodities
Replies: 23
Views: 2405

Re: REITs, Gold & Commodities

Richard, sometimes asset classes like Gold and Commodities will help a portfolio and sometimes they wont. Gold over very, very long periods of time have about a zero percent return over inflation. Stocks will help a portfolio & sometimes they won't. I take by "very, very long periods of ti...
by gerntz
Sun Nov 13, 2016 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Investing and Taxes
Replies: 4
Views: 474

Re: Investing and Taxes

Since Tuesday, I get the idea that tax rates & deductions are all going to change for 2018 anyway. Net, hard to make long-term decisions based on taxes now.
by gerntz
Sun Nov 13, 2016 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5176

Re: Age 92 Dad Wants to Boost stocks

David Jay wrote:If it is money he doesn't need, there is a legitimate argument for assuming more risk to (likely) increase the value of the estate.
Exactly.
by gerntz
Sun Nov 13, 2016 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5176

Re: Age 92 Dad Wants to Boost stocks

My father, 92 years young, told me today that he wants to raise his allocation from 30% stocks to 50%. After talking to him again about the dangers of market timing, he's willing to moderate his stance a bit. For someone his age and with an adequate portfolio to meet his needs, do you think 50-50 i...
by gerntz
Tue Nov 08, 2016 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Dollar cost averaging on the All weather portfolio
Replies: 9
Views: 693

Re: Dollar cost averaging on the All weather portfolio

dbr wrote:
mimes wrote: Some areas, such as gold, have gone down a lot over the last three years.
Actually, till yesterday, gold was even in US$ over last three years. No dividends though.
by gerntz
Wed Nov 02, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Question for the Retired
Replies: 27
Views: 3507

Re: Personal Finance Question for the Retired

Depends on what you expect. Would you expectations include allowing for unexpected, uncontrollable events? Four+ years ago I didn't plan on our remodeling most of the main floor of our house. But we did this year - so spending more than I expected.
by gerntz
Wed Nov 02, 2016 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fee-Only Financial Advisor
Replies: 11
Views: 869

Re: Fee-Only Financial Advisor

retire57 wrote:My sis-in-law (who has most of her investments at V-guard) is looking for a fee-only financial advisor. Any advice how to go about finding one?

Thanks!
Fee-only can be any of percent of assets, fixed $ amount/yr, or hourly.
by gerntz
Tue Oct 25, 2016 7:07 am
Forum: Investing - Theory, News & General
Topic: Are Passive Funds That Vote Shares...
Replies: 2
Views: 319

Are Passive Funds That Vote Shares...

of companies they own actually passive? Those funds voting are influencing how the companies are managed which impacts their profitability. That's active to me. Article on such voting in WSJ today.
by gerntz
Sat Oct 22, 2016 11:11 am
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard in a Nationwide 401K
Replies: 10
Views: 644

Re: DFA vs Vanguard in a Nationwide 401K

When transferring funds out of 401K you cannot transfer the securities in kind - the funds will be liquidated and the cash will be handed over to the trustee of the qualified account you are transferring to (401k, 403b, IRA etc.). Perhaps I'm wrong, but I believe an exception to this rule are share...
by gerntz
Thu Oct 20, 2016 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: How do you track your portfolio's performance?
Replies: 40
Views: 2841

Re: How do you track your portfolio's performance?

My advisor does it. It's why I pay him 2% of AUM.
by gerntz
Tue Oct 18, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 28
Views: 9355

Re: IRS says we owe over $2 million -- when to round amounts?

harikaried wrote: I believe the IRS thinks we gave a gift of $10,000,000 instead of a gift of $10,000.000.
I've never seen anyone report anything to the IRS as precise as to the nearest mill, 0.000, vs. to the nearest cent, 0.00 .
by gerntz
Tue Oct 18, 2016 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Nurse Anesthesia
Replies: 15
Views: 2981

Re: Nurse Anesthesia

Thanks to everyone who gave their advice! I ended up getting into a school in Houston, and thus our finances will now be different. If I feel more input is needed, Ill start a separate post. Regardless, I think you're making a great career move. NDN is NA for local children's hospital & makes a...
by gerntz
Mon Oct 17, 2016 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Rmd [Required Minimum Distribution - how often taken?]
Replies: 12
Views: 1167

Re: Rmd

Not quite yet
by gerntz
Mon Oct 17, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

The diamond market is manipulated-- it has little inherent value. So you say. Oh indeed, you are betting that somehow it won't all collapse. But it is the portability (and concealability) of diamonds that makes them so very useful. Isn't one betting against a market collapse for any asset she holds...
by gerntz
Mon Oct 17, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

We aren't comparing gold to stuffing cash in a mattress. I think everyone agrees that doing so is a bad idea. We are comparing gold to other potential investment vehicles a retirement investor could put their money into. Well I am comparing it to cash put in a 0.01% savings account or even a 0.75% ...
by gerntz
Mon Oct 17, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Is Buffett's 90/10 Asset Allocation Sound?
Replies: 61
Views: 7624

Re: Is Buffett's 90/10 Asset Allocation Sound?

If you believe you have more than enough secure income for your lifestyle, why not take more risk? In the long run, whether you live to enjoy it or not, you should have more wealth. We're slowly moving to higher stock percent as we take fixed income IRA distributions & spend those while maintai...
by gerntz
Mon Oct 17, 2016 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Safety in gold ?
Replies: 37
Views: 2712

Re: Safety in gold ?

I still want to go back and find out what the original issue is with safety. When someone asks about gold what comes to mind are Armageddon scenarios such as political instability, bank crashes, massive devaluation of currency (or hyperinflation), default on the public debt, etc. Or, it could be th...
by gerntz
Mon Oct 17, 2016 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Safety in gold ?
Replies: 37
Views: 2712

Re: Safety in gold ?

I think what makes shiny metal seem safe is just that it is physical and so does not depend on the honestly or good will of those on Wall Street or in Washington. .... A gold ETF is nothing but another "investment" industry trojan horse, created to suck money out of your pocket and into t...
by gerntz
Mon Oct 17, 2016 7:30 am
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

Valuethinker wrote:
The diamond market is manipulated-- it has little inherent value.
So you say.
by gerntz
Mon Oct 17, 2016 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Is Buffett's 90/10 Asset Allocation Sound?
Replies: 61
Views: 7624

Re: Is Buffett's 90/10 Asset Allocation Sound?

If you believe you have more than enough secure income for your lifestyle, why not take more risk? In the long run, whether you live to enjoy it or not, you should have more wealth. We're slowly moving to higher stock percent as we take fixed income IRA distributions & spend those while maintain...
by gerntz
Sun Oct 16, 2016 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Safety in gold ?
Replies: 37
Views: 2712

Re: Safety in gold ?

I still want to go back and find out what the original issue is with safety. When someone asks about gold what comes to mind are Armageddon scenarios such as political instability, bank crashes, massive devaluation of currency (or hyperinflation), default on the public debt, etc. Or, it could be th...
by gerntz
Sun Oct 16, 2016 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

boglerdude wrote:Image

gld v stocks last 10yrs
Does that include reinvested dividends?
by gerntz
Sun Oct 16, 2016 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

Incredible. 0.8% real is nothing. Less than a house you could actually USE. Much less than stocks or bonds. Gold is for suckers. Or people who think when Armageddon comes, everyone will want a yellow metal to make jewelry. As for commodities, you don't have to actually PHYSICALLY STORE them for goo...
by gerntz
Sun Oct 16, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

We aren't comparing gold to stuffing cash in a mattress. I think everyone agrees that doing so is a bad idea. We are comparing gold to other potential investment vehicles a retirement investor could put their money into. Well I am comparing it to cash put in a 0.01% savings account or even a 0.75% ...
by gerntz
Sun Oct 16, 2016 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

It's not a commodity as it's not consumed; i.e., it's about 99.99% recycled. As I pointed out earlier, this is misleading. Gold is "consumed" from an investment standpoint when it turned into a form that is not easily recycled. Gold-plated jewelry and gold used in manufacturing (such as w...
by gerntz
Thu Oct 13, 2016 8:15 am
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

Gold is a volatile commodity. Assuming that the average investor should invest in commodities (I would argue they shouldn't), investing in only gold makes as much sense as buying only one small volatile sector of the stock market. The dollar may have declined 97% in 100 years, but the total returns...
by gerntz
Wed Oct 12, 2016 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

Gold is like any smaller, illiquid, less efficient market. You deal with shady parties. You deal with counterfeits. You deal with a market small enough to be manipulated. In fact, some of the counterfeits are so good, I wouldn't be surprised if state actors themselves get involved in finding ways t...
by gerntz
Sun Oct 09, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 1664

Re: Liquidating Inherited Municipal Bonds

We've inherited some munis in an account at a large commercial bank and intend to liquidate them since munis are not part of our sliced/diced Boglehead IPS. Will we be substantially better off transferring them to VG and liquidating rather than liquidating via the bank? I am aware of the large spre...
by gerntz
Sun Oct 09, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

Gold has a unique, beautiful, shiny look in strong light. I think that there are quite a few things that humans as a whole (well, very large majority) agree are beautiful. Sunsets, for instance. I'd posit that the look of well polished gold in good lighting is another, and that this along with the ...
by gerntz
Sat Oct 08, 2016 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

I maneuvered in such markets for years before I came to bogleheads. Gold as a market functions as a hybrid between the stock market and those less liquid markets I refer to. In other words in terms of efficiency of market I would rank gold as Stock markets > Gold > Collectibles markets. Your averag...
by gerntz
Sat Oct 08, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

sawhorse wrote: Even during the Civil War, the stock market survived and paper money held value.
That depended on which side you supported.
by gerntz
Fri Oct 07, 2016 11:46 am
Forum: Personal Consumer Issues
Topic: Luxury Cars - Am I missing out on creature comforts by not driving one?
Replies: 92
Views: 7463

Re: Luxury Cars - Am I missing out on creature comforts by not driving one?

Luxury car or not, I find the safety features of near self-driving autos of great comfort as I'm aging. Doubt I buy again w/o blind spot assist, rear back camera, lane correction/drift warning, auto slow down/stop when approaching object.
by gerntz
Fri Oct 07, 2016 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Using the Company "NetBasis" to Calculate Cost Basis
Replies: 2
Views: 203

Re: Using the Company "NetBasis" to Calculate Cost Basis

Has anyone used the company "NetBasis" to calculate the cost basis for shares? I have some old company stock from a former employer I received years ago through an ESOP program that has been sitting in a Computershare account. Thirty years later after dividends and stock splits, the basis...
by gerntz
Fri Oct 07, 2016 11:39 am
Forum: Investing - Theory, News & General
Topic: Precious Metals and the Fed
Replies: 8
Views: 1248

Re: Precious Metals and the Fed

My take, right or wrong, is that inflation of a fiat currency means it's being devalued. Gold is a constant, so when a fiat currency inflates, I'd expect gold to rise in that fiat currency price. Rising interest rates are a counter to rising inflation; i.e., to rising gold prices. At some point, ris...
by gerntz
Thu Oct 06, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Hurricane Matthew: Evacuation advice
Replies: 40
Views: 4315

Re: Hurricane Matthew: Evacuation advise

Buy on the dip.
by gerntz
Tue Oct 04, 2016 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: temporarily cashing out ?
Replies: 55
Views: 5010

Re: temporarily cashing out ?

Need advice & incite. I want to cash out of all our taxable & non taxable investment accounts we have thru Vanguard. Placing the proceeds into MM funds , inside those same accounts. Just to take a breather of sorts. I have a gut feeling that the market is going to take huge dump and am jitt...
by gerntz
Tue Oct 04, 2016 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 9122

Re: If i want to invest in gold (metal), what is the best way?

We have close to 10% of our assets in GLD and/or PHYS. I see gold as a currency that can't be inflated by governments, not as a commodity. Commodities are consumed & very little gold is. True that gold is only worth what someone is willing to pay for it. What tangible asset isn't that way? Peopl...

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