Search found 710 matches

by gwrvmd
Wed Jul 19, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 25
Views: 2496

Re: The Death of Buy and Hold

What does a 5 star book on Amazon mean?..........Gordon
by gwrvmd
Tue Jul 18, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 65
Views: 2990

Re: Expense Ratios, how high is too high

It is amazing what has happened to the cost of investing in the past 30 years. 30 years ago anything over 1.85% was considered high (and it usually had a front end load) 20 years ago anything over 1.5% was considered high 10 years ago anything over 1.0% was considered high Today anything over 0.5% i...
by gwrvmd
Mon Jul 17, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3115

Re: Thinking out loud

Friar1610 You asked if "Investing at Level 3" was the same if you had guaranteed sources of income such as pension, SS, etc I'll answer it this way: Another way to look at Investing at level 3 is never touching the stock portion of your portfolio when the market is down If you feel you nee...
by gwrvmd
Sun Jul 16, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3115

Re: Thinking out loud

Its interesting you have those doubts, this is a very conservative group When you invest in bonds you are increasing the risk of losing your long term purchasing power, bond don't pay well nor respond to inflation. The recent book 'Investing at Level 3" by Dr James Cloonan, founder of AAII (Ame...
by gwrvmd
Sun Jul 16, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 675

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

Don't be afraid of the "equal weight approach" The Guggenheims S&P 500 Equal Wt ETF (RSP) is a commonly used investment. Generally it means that midcaps will have a greater effect on the asset than if it was capitalization weighed in which case large capitalization stocks would have a ...
by gwrvmd
Sat Jul 15, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 390

Re: need help evaluating new 401k fees

You said "DWs new 401k has a quarterly asset based fee of .2825. I hope that is a quarterly fee based on an annual fee of .2825. That's not great but if you have Vanguard funds its ok. If it is a quarterly fee, that's 1.2% a year, that's not good........Gordon
by gwrvmd
Sat Jul 15, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Can American Funds be worth the load?
Replies: 15
Views: 1455

Re: Can American Funds be worth the load?

Yes, American Funds and American Century are two different companies American Funds are being hurt badly by the decreased expenses of index funds,ETFs, and regular mutual funds They are coming out with T shares (2.5% load and no 12(b)1 fees) and "clean shares " no load at all I believe Sch...
by gwrvmd
Wed Jul 12, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1511

Re: New Commodities ETFs

Some of these new commodities ETFs are like buying options in the commodities market
Options in the commodities markets are true gambling
Remember they are just using a Bloomberg Commodities Index, it is not Bloomberg that designed the ETF or is advocating it .......Gordon
by gwrvmd
Sun Jul 09, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Setting Up a New 403(b)
Replies: 12
Views: 593

Re: Advice on Setting Up a New 403(b)

This post could be an interesting learning exercise Many of us use Vanguard funds and know what the Expense Ratios (ER) are of the Vanguard Funds you have listed. Your 403(b) administrator is an insurance company, Lincoln Financial Group. You are being offered Vanguard funds through an insurance com...
by gwrvmd
Sun Jul 09, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 65
Views: 3948

Re: Coyote control

If you give them a drink, and then something to eat, they will definitely stay around...... Coyotes? Oh, I thought you were talking about Cougars.......Gordon
by gwrvmd
Sat Jul 08, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in FEMA flood zone X
Replies: 30
Views: 1680

Re: Buying a house in FEMA flood zone X

Talk to the neighbors, if there has been any problems they will tell you (complain to you)
If they are new, ask them who has lived in the area the longest, ask them
You will learn more from them then any municipal or FEMA map......Gordon
by gwrvmd
Mon Jun 26, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 8220

Re: Where to find a financially like-minded significant other?

I don't think a dating group would help. I have been involved with AAII (Am Assn of Individual Investors) chapters for 25+ years. North Jersey Chapter for 15 years and now Coastal Carolina Chapter for 12 years. I could count the number of people under 40 on one hand, under 50 on 2 hands. The Coastal...
by gwrvmd
Mon Jun 19, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 3846

Re: Need to find Loaded Index Funds

Good show shorvath! It had me stumped, you are a more creative thinker than I........Gordon
by gwrvmd
Mon Jun 19, 2017 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Credit for Retirees
Replies: 16
Views: 1724

Re: Credit for Retirees

Salary is not a factor in the calculation of credit score . Amount of credit used and payment history are the two most important factors. Common question on financial literacy tests......Gordon
by gwrvmd
Sun Jun 18, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Change Auto & Umbrella Insurance after 52 years?
Replies: 21
Views: 1916

Re: Change Auto & Umbrella Insurance after 52 years?

SueG5123....There is a major, not well publicized discount that comes at 40+ years at USAA. It is worth about 30% of my insurance cost. Don't leave USAA until you investigate that......Gordon
by gwrvmd
Fri Jun 16, 2017 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Permanent job (finally), curious 403b match; thoughts?
Replies: 6
Views: 699

Re: Permanent job (finally), curious 403b match; thoughts?

Most organizations with 403(b) retirement plans are government (police, teachers) or non profits (hospital, charities) and have low or no matches. 25% unlimited is unheard of. Take all you can get! I agree with CFM 300, I would not use tax deferred space to buy a bond fund with a .51 ER. You are you...
by gwrvmd
Thu Jun 15, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Federal Employee First Alliance - Annuities ?
Replies: 16
Views: 819

Re: Federal Employee First Alliance - Annuities ?

If you are military, don't get out of the TSP for anything from First Command If you are federal civilian don't get out of the TSP for anything from First Alliance Don't ever get totally out of the TSP, once you leave the Fed Gov you can't get back in I am sure you will get more responses from peopl...
by gwrvmd
Mon Jun 05, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: How to find best but the cheapest red wine for better health?
Replies: 14
Views: 961

Re: How to find best but the cheapest red wine for better health?

I went down to my local liquor store. There were 2 winos sitting on the curb. I asked them about resveratiol. One looked in his bottle and said " I don't see nothin reversin in there". The other said "Bring me out a bottle and I'll check it for you" They didn't look very healthy ...
by gwrvmd
Sun May 21, 2017 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: NY vs Utah 529?? Can't decide!
Replies: 23
Views: 2010

Re: NY vs Utah 529?? Can't decide!

Wow! Have never been called "a wise person" before

Both NY and Utah are good

If you are not familiar check these websites:
SavingForCollege.com
Collegesavings.org
Both compare 529s from all states........Gordon
by gwrvmd
Sun May 21, 2017 4:28 am
Forum: Investing - Help with Personal Investments
Topic: please evaluate my portfolio, is it too risky
Replies: 13
Views: 1466

Re: please evaluate my portfolio, is it too risky

Robertlans This post is from a retired National Guard Officer 20 years into retirement I assume you are a senior NCO in a reserve component Your portfolio is NOT too risky. Having SS, military retirement, Medicare and Tricare takes almost all of the risk out of retirement You have proved you can han...
by gwrvmd
Thu May 18, 2017 9:25 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 13175

Re: For those with $500k-$1m in investments...

Interesting thread....5 -6 years ago on this forum if you had over 50% in tax deferred you were an outlier, but as you can see that is not true today. Philosophy tended to be " Don't go into retirement owing all that money" I am 90% tax deferred, retired 12 years. Was 80% tax deferred when...
by gwrvmd
Sun Apr 23, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage at 75 ?
Replies: 15
Views: 2203

Re: Mortgage at 75 ?

I retired at 70 from up north. Bought a $280,000 house down south with a $240,000 mortgage at 5% Refinanced several times, now 80 with a $100,000 mortgage at 3.5% (now 5 yr left on a 15). Wife wants to pay it off which we could easily do. Conventional wisdom says never go into retirement with a mort...
by gwrvmd
Sun Apr 23, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 4189

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

Some student groups who rent a house keep it over the summer. Some find a summer job in the area, some return early for football camp, some go to summer school and if only one goes to summer school, they often recruit other summer students to live there to share the cost. The point is I wouldn't ass...
by gwrvmd
Fri Apr 21, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 85
Views: 7758

Re: Removing a tree - expensive!!!

You people must all live in the city. I see mention of trucks, booms, Cherry Pickers etc. Down south "Climbers" take them down from the bottom up then the trunk on their way back down. The man or men on the ground run the chipper. By the time the Climber is back down on the ground the grou...
by gwrvmd
Tue Feb 28, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Annuity Reference
Replies: 11
Views: 815

Re: Annuity Reference

Two references you can try:
1) Immediateannuities.com
2) Annuityreview.com......charges a fee Gordon
by gwrvmd
Sun Feb 26, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendations?
Replies: 33
Views: 4510

Re: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendation

I believe Vanguard has taken diversification too far I believe in diversification in size, value vs growth, among industries, service vs industrial etc, etc However, I do not agree with extending diversification to countries When you diversify internationally you introduce 1) Currency risk 2) Politi...
by gwrvmd
Fri Feb 24, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 5162

Re: Talking with parents' financial advisor

People are unlikely to take financial advise from someone whose bottom they have powdered
Gordon
by gwrvmd
Thu Feb 23, 2017 1:46 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 5856

Re: Does anyone else have (possibly too much) fun dealing with finances?

To those of you who are really into it: I am in my 70s and retired, was never in the financial services industry Have always been interested in the financial services industry and been a an active Boglehead for 6 years Decided to get a credential or certification just for personal satisfaction/achie...
by gwrvmd
Fri Feb 17, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Teaching Teenagers to Invest - any ideas?
Replies: 5
Views: 461

Re: Teaching Teenagers to Invest - any ideas?

"Would they be able to handle losing their 12 - 15 yr of savings in case the market does down"
If you let them sell they will learn to be afraid of the market.
If you don't let them sell....Then they will learn something.......Gordon
by gwrvmd
Wed Feb 15, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 11402

Re: Bogleheads not the norm?

Being a Boglehead is a philosophy, it does not mean an amount of money. You learn that investing is very simple and logical.....you don't need to pay a "guy" to do it Some day you will be at the Yacht Club and you will meet your neighbors "guy". You will be there for discounted d...
by gwrvmd
Sun Feb 05, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Utilization
Replies: 7
Views: 595

Re: Credit Utilization

You are in good shape. Anything above about 775 gets the lowest interest rate. My utilization is about the same as yours at about 3% and my credit score has been 820 plus for over a year. If you go into a bank with a credit score over 800, they will break a leg trying to give you a mortgage. Credit ...
by gwrvmd
Mon Jan 30, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help with 25 Year Old Daughter-In-Law.
Replies: 36
Views: 6171

Re: Please Help with 25 Year Old Daughter-In-Law.

A 529 for the kids has been mentioned. If you can support and encourage her such as getting more education, you could change the beneficiary of one of the policies to her and use it for her education. After she doesn't need it switch it back to the child and try to make up the difference. No one can...
by gwrvmd
Mon Jan 30, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Beneficiary: 1 person vs. 5 for tax reasons?
Replies: 16
Views: 1176

Re: IRA Beneficiary: 1 person vs. 5 for tax reasons?

As beneficiaries you can list each person separately as 20% beneficiary. That keeps the IRA out of probate and each person inherits at a stepped up basis (the date of the owners death) so none will owe taxes on the inheritance.......Gordon ETA: IRAs do not have go through probate if they have TOD (T...
by gwrvmd
Thu Jan 26, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard still gets 1099-B basis wrong for non-covered mutual fund
Replies: 17
Views: 1882

Re: Vanguard still gets 1099-B basis wrong for non-covered mutual fund

Vanguard has a problem with historical data. I have been 2 years trying to upgrade my Windsor account to Admiral. They refuse until I turn in my Windsor stock certificates. I first bought in 1978 and there were at that time Mutual Fund Certificates which most people have never seen. Vanguard require...
by gwrvmd
Tue Jan 24, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: How much mid-cap in my taxable portfolio?
Replies: 8
Views: 1120

Re: How much mid-cap in my taxable portfolio?

DCinvestor. Yes, you are right. At least for Vanguard, ETF or fund doesn't make any difference. Actually another mistake I made is that my two midcaps I have in mind are active managed midcap funds not midcap index funds. In a good year, both index funds and ETFs have an advantage over active manage...
by gwrvmd
Mon Jan 23, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: How much mid-cap in my taxable portfolio?
Replies: 8
Views: 1120

Re: How much mid-cap in my taxable portfolio?

I feel the same as you and have high percentage of midcaps. Midcaps had a great year in 2016 Consider using ETFs. I am getting my 1099s and some have some big capital gains. Not complaining but for assets like Midcaps and Small caps index funds that tend to trade more, in a good year you may wish yo...
by gwrvmd
Mon Jan 09, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 18213

Re: Best Financial Moves You've Made

Pick a solid portfolio asset allocation and keep adding to it. Otherwise do NOTHING.......Gordon
by gwrvmd
Sat Jan 07, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Disadvantage of Tax loss harvesting
Replies: 65
Views: 4114

Re: Disadvantage of Tax loss harvesting

If I had accumulated $150k tax loss credits, I would undertake a very critical analysis of my purchasing criteria.........Gordon
by gwrvmd
Fri Jan 06, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on a Bogle quote
Replies: 29
Views: 2832

Re: Thoughts on a Bogle quote

I personally I agree with Bogle With International and esp Emerging Market investing you are adding: Political Risk Currency Risk Accounting Risk....Questionable foreign accounting standards Legal Risk.....Questionable legal rights of foreign investors I think Vanguard has gone overboard when expand...
by gwrvmd
Tue Jan 03, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard weighs in: Is active mutual fund management dead?
Replies: 10
Views: 1452

Re: Vanguard weighs in: Is active mutual fund management dead?

Peter Lynch ran Fidelity Magellan before most investors had a computer and Google. The computer changed the investor world and is now changing the Investment Advisor world.......Gordon
by gwrvmd
Sat Dec 31, 2016 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy the next-door lot - and finance?
Replies: 14
Views: 2006

Re: Should I buy the next-door lot - and finance?

I did the same thing 2 years ago but cost was only $30,000. I am retired and don't plan to move If you plan to move in 5 - 10 years, that means having to sell 2 pieces of land or selling your house which is now worth $150,000 more which may be worth it to you but not to some other buyers Don't combi...
by gwrvmd
Thu Dec 29, 2016 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Dreyfus Mid Cap index fund
Replies: 6
Views: 652

Re: Dreyfus Mid Cap index fund

Isn't it nice that it was in a 401(k) tax deferred account. Otherwise you might think differently about this nice big distribution on April 15 2017.......Gordon
by gwrvmd
Sat Dec 24, 2016 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Is there such a thing as a hybrid investor?
Replies: 16
Views: 1325

Re: Is there such a thing as a hybrid investor?

Be careful! Most hybrids are produced by inbreeding...............Gordon
by gwrvmd
Tue Dec 20, 2016 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Opening A New IRA [who does IRAs as a fiduciary]
Replies: 15
Views: 1289

Re: Opening A New IRA [who does IRAs as a fiduciary]

David Jay The DOL Reg will not include IRAs but will have some influence in the following way: It has been relatively common policy for some brokers and insurance companies to entice people to transfer money out of their employee sponsored tax deferred retirement plan (401(k) or 403(b)into an IRA th...
by gwrvmd
Tue Dec 20, 2016 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA fixed annuity
Replies: 8
Views: 696

Re: Roth IRA fixed annuity

The big objection to annuities on this forum is the variable annuities that get sold to younger people. If this is a fixed index annuity and your father is over 65 and retired it may not be a bad option. You have gotten some good advise....Don't reject this out of hand just because it is an annuity ...
by gwrvmd
Mon Dec 19, 2016 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Opening A New IRA [who does IRAs as a fiduciary]
Replies: 15
Views: 1289

Re: Opening A New IRA [who does IRAs as a fiduciary]

Actually David Jays original comment was correct Most IRAs are not covered by the new DOL requiring advise to be fiduciary in nature. It is a Department of Labor regulation. Retirement plans by employers (401(k), and 403(b) ) are considered part of workers payment (employee benefits) so they fall un...
by gwrvmd
Sat Dec 17, 2016 2:09 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: "OK to sin...but sin only a little"
Replies: 51
Views: 6923

Re: Swedroe: "OK to sin...but sin only a little"

Sometimes I read a thread that will lead to Paralysis by Analysis.......This is one of them....Gordon
by gwrvmd
Fri Dec 16, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Grandparent wants to max gift 529, but Im confused.
Replies: 20
Views: 2039

Re: Grandparent wants to max gift 529, but Im confused.

The maximum contribution per person to a 529 is 14k. The grandparent (or anyone)can contribute 5 years worth at one time or 70K. However, that counts as the next 4 years contributions so you cannot contribute again until the 6th year. It averages 14K/year but gives the account a good kick start in t...
by gwrvmd
Wed Dec 14, 2016 1:20 pm
Forum: Investing - Theory, News & General
Topic: Equal Weighted Index
Replies: 22
Views: 1500

Re: Equal Weighted Index

I am not a mathematician. I have trouble accepting an index that compounds over 100,000% in 40 years

I hope Moderator Grabiner, who is a Mathematician, will chime in here........Gordon
by gwrvmd
Wed Dec 14, 2016 12:08 pm
Forum: Investing - Theory, News & General
Topic: Equal Weighted Index
Replies: 22
Views: 1500

Re: Equal Weighted Index

Aloha Joe What you have quoted is correct, equal weighted indexes do outperform cap/market weighted indexes because of the increased effect of small caps and value Since the founding of RSP (Guggenheim's S&P 500 equal weighted index) in 2003 it has outperformed SPY (S&P Market weighted index...

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