Search found 95 matches

by maniminto
Sun Apr 01, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 120
Views: 20893

Re: Reached 4M target. Taking money off table. Advice?

Congratulations on your financial success at a relatively young age.
Perhaps you can share with the forum how you did it?
What is the split between your taxable & qualified assets?
by maniminto
Fri Mar 30, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: taxes: e-file vs. paper
Replies: 51
Views: 3589

Re: taxes: e-file vs. paper

I use TurboTax, but do not efile.
Primary reason: I have no idea which worksheets and information is being sent with efile.
If I could review the forms that were being transmitted and they were not editable, I would opt for efiling.
by maniminto
Sun Feb 04, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Question about DCA back into Equities
Replies: 2
Views: 258

Re: Question about DCA back into Equities

mhalley wrote:
Sat Feb 03, 2018 7:45 pm
Probably doesn’t matter, but if you dca into equites in Taxable first, then further days like Friday might give you the opportunity to tax loss harvest.
Thank you mhalley
by maniminto
Sat Feb 03, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Question about DCA back into Equities
Replies: 2
Views: 258

Question about DCA back into Equities

I have been primarily in cash for about 2 years and have started to DCA back into the market to get back to my planned AA. my investable assets are split about equal between taxable and tax deferred money. I started to DCA at the end of last year and it will take me 6 months to a year to get back to...
by maniminto
Mon Jan 08, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Help go from cash to 50/50 AA
Replies: 16
Views: 1452

Re: Help go from cash to 50/50 AA

Thank you for your advice & thoughts Bfwolf, cfs & Chevca.
by maniminto
Mon Jan 08, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Help go from cash to 50/50 AA
Replies: 16
Views: 1452

Re: Help go from cash to 50/50 AA

My thoughts about the tax law changes are such the US economy might have been shifted from a slow growth model to a "boom and bust" cycle. Because you were easily spooked in 2016, I would not recommend a 50% stock / 50% bond portfolio. You might want to try the rising asset allocation model - one t...
by maniminto
Sun Jan 07, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help go from cash to 50/50 AA
Replies: 16
Views: 1452

Re: Help go from cash to 50/50 AA

If I were you before I'd do anything I'd carefully consider what your reaction would be if once you are back to 50/50 and the market drops 50% what would you do? I'd suggest reading up on behavioral finance and how to decide on a proper asset allocation. There are plenty of suggestions in the wiki ...
by maniminto
Sun Jan 07, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help go from cash to 50/50 AA
Replies: 16
Views: 1452

Re: Help go from cash to 50/50 AA

Based on what you wrote, I don't know if you are a good candidate for a 50/50 portfolio. It has a moderate amount of risk for your age. Why do you think future word headlines about the economy, politics etc will not cause you to make extreme changes to your portfolio like they did in 2016? I think ...
by maniminto
Sun Jan 07, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help go from cash to 50/50 AA
Replies: 16
Views: 1452

Help go from cash to 50/50 AA

I would greatly appreciate this forums advise on moving about $4M from FI/ cash to 50/50 AA. Some background: I'm 62 have about $4M in investable assets; $2.5M taxable and $1.5M tax deferred/qualified. I'm employed, earn about $200-$250K per year and have a $200K mortgage against a house valued arou...
by maniminto
Sat Dec 16, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?
Replies: 42
Views: 2083

Re: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?

Where would you invest 120 months of expenses in FI? How many months of expenses would the 100/0 or 80/20 AA constitute?
by maniminto
Sat Sep 02, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3785

Re: OSWAN: Optimum Sleep Well At Night retirement plan

OP-What does #2 imply for you?
Most conservative AA I imagine would be completely in cash/MM/short term bonds or such instruments
by maniminto
Mon Aug 28, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting on the sidelines...for now
Replies: 32
Views: 4391

Re: Sitting on the sidelines...for now

I recently transferred all of my previous work 401K's to a Vanguard MM IRA....so, sitting on the sidelines as I believe things are a bit dicey at this time and don't want to "buy high and sell low Are you completely out of the market with your taxable and tax deferred investments and in MM funds or...
by maniminto
Mon Aug 28, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: We are well set but........the Asset Allocation ??
Replies: 16
Views: 2233

Re: We are well set but........the Asset Allocation ??

"We have another around $ 500k in CDs & cash, our annual expenses are $160k which are met with present annual income of $180 k, we have no debt of any kind"

Are both of you retired? I did not follow the $180K annual income part. What is the source of this income?
by maniminto
Sun Jun 04, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Higher salary, but lower employer 401k match...still OK?
Replies: 34
Views: 3173

Re: Higher salary, but lower employer 401k match...still OK?

You'll come out ahead. However, beware of vesting schedule. Most employers nowadays have a cliff vesting of 3-4 years. Meaning if you leave the company before the vesting period, you forfeit the employer match.
by maniminto
Sun Jun 04, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 11089

Re: Everything keeps going up, this feels too easy?

I reduced risk as my need to take risk decreased , and a couple of years after I first posted my plan I answered some questions about it . I made my asset allocation a function of adequate funding, not age. I'm not saying others should do so. As I indicated, I didn't design it for the purpose of wr...
by maniminto
Sun Jun 04, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Going from cash to equities now?
Replies: 47
Views: 5638

Re: Going from cash to equities now?

How much money are we talking about? and what percentage of your investable assets does it constitute
by maniminto
Sun Jun 04, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Does someone 60+ need more than 10 years expenses in FI?
Replies: 39
Views: 4910

Re: Does someone 60+ need more than 10 years expenses in FI?

I was referring to the conventional wisdom to have 30-40X of your expenses if you retire in the normal retirement band of 60-66 age. So, if your expected yearly expenses are $80K and you'll get $30K from SS + pension, the yearly amount you'll need will be $50K. The recommended retirement pool would ...
by maniminto
Sun Jun 04, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Does someone 60+ need more than 10 years expenses in FI?
Replies: 39
Views: 4910

Re: Does someone 60+ need more than 10 years expenses in FI?

Would you be retiring with 30-40X of your yearly expenses? Would you maintain a 50/50 or 60/40 AA during retirement? 10X in fixed income seems low to me, but then your pension +SS may be significant to warrant that. Based on 50/50 or 60/40 AA, I would think your fixed income should be in the 15-20X ...
by maniminto
Thu May 25, 2017 8:30 am
Forum: Investing - Theory, News & General
Topic: Thoughts on (fear of?) investing: money won vs. money earned
Replies: 27
Views: 2531

Re: Thoughts on (fear of?) investing: money won vs. money earned

To the extent that you have no obvious debts to pay off or could really use the money to spend it on something, and excluding tax-deferred retirement accounts, would you treat money won differently than money earned for medium to long-term goals? Why? In my mind there is a distinct difference in ha...
by maniminto
Sat May 20, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Structuring- REVISED- Please review
Replies: 8
Views: 956

Re: Portfolio Structuring- REVISED- Please review

What is the split between taxable and tax deferred investments for the $4M assets?
by maniminto
Sat May 20, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 6759

Re: What are your priorities for retirement?

As I was droning on in another thread I eventually ended up where I always do. I have certain priorities for my retirement, many of which are time sensitive, so it is important for me to match up resources to time frames. Here are some of my priorities for retirement, I would enjoy hearing some fro...
by maniminto
Fri Apr 28, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Pension Choices and AA
Replies: 11
Views: 1164

Re: Pension Choices and AA

kishinev wrote:Total Investment Portfolio $3.6M

For your $3.6M investment holdings what is the split between taxable and qualified investments?
by maniminto
Wed Apr 26, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Choices and AA
Replies: 11
Views: 1164

Re: Pension Choices and AA

The breakdown is $24K pre-tax, $27K after-tax and $9K employer match for a total of $60K which the maximum IRS allows for someone over 50. I am contributing after-tax so I can do a "mega backdoor ROTH conversion" later this year; about 15% of my 401k are after-tax contributions.[/quote] Thanks. I ha...
by maniminto
Wed Apr 26, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Choices and AA
Replies: 11
Views: 1164

Re: Pension Choices and AA

New annual Contributions
$60K 401k ($9K employer matching contributions)

May I ask you how you are able to contribute $51K to the 401k plan with the present limit of $24K including catch-up contribution?
by maniminto
Sun Apr 09, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds for emergency cash
Replies: 14
Views: 2389

Re: Vanguard funds for emergency cash

Vanguard Municipal Money Market Fund (VMSXX) is completely liquid, exempt from federal tax and yielding 0.76%. For a high wage earner, the tax equivalent would be over 1%. Would this not be a better option than a CD where the money is tied-up for a year and yields 1% that is taxable?
by maniminto
Sun Apr 09, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds for emergency cash
Replies: 14
Views: 2389

Re: Vanguard funds for emergency cash

Vanguard federal tax exempt (MUNI) money market is yielding 0.76%.
This seems like an optimum option for taxable short term parking.
by maniminto
Tue Mar 21, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1567

Pre-Retirement Income & Post Retirement Expenses

Can Retirees please provide information about what their pre-retirement income was and what their annual post retirement expenses are?

This is to gauge the commonly accepted principal that retirees need 70% of their pre-retirement income during retirement.

Many thanks in advance.
by maniminto
Mon Mar 20, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Yearly Income needed in Retirement (Speculation)
Replies: 194
Views: 24405

Re: Gross Yearly Income needed in Retirement (Speculation)

By & large the consensus seems to be around $100K. How much money does an average Boglehead make?
by maniminto
Thu Mar 02, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: long term divi investment portfolio feedback
Replies: 11
Views: 1064

Re: long term divi investment portfolio feedback

I'd suggest to go with NVS rather than AZN
by maniminto
Mon Feb 27, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should we wait before buying in?
Replies: 52
Views: 5958

Re: Should we wait before buying in?

Obviously the Boglehead crowd is not a proponent of market timing. I myself think that there is nothing wrong with going or being on the sidelines if it is warranted. You should examine the facts and make an educated decision based on substance: This market has gone up on pure speculation since late...
by maniminto
Tue Feb 21, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Monte Carlo Simulation in Portfolio Visualizer
Replies: 0
Views: 381

Monte Carlo Simulation in Portfolio Visualizer

Can you please provide some guidance on Monte Carlo simulator that is available in Portfolio Visualizer? What options should one be using for simulation period and simulation model? I would like to assess what the portfolio balance would be statistically if it's divided in various asset classes and ...
by maniminto
Thu Feb 16, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Getting back into market after sitting on sidelines
Replies: 11
Views: 1563

Re: Getting back into market after sitting on sidelines

"Just for the record, I calculated that the current sum of my IRA would be equal to the sum of compounding my contributions since 1974 in only one fund. Wellesley Income. " What are you saying here? Had you made all the contributions you've made to your IRA since 1974 to Wellesley, you'd have the sa...
by maniminto
Mon Feb 13, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments
Replies: 19
Views: 2500

Re: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments

Thank you.
They seem to be equivalent to Wellesley & Wellington mathematically in performance, but the mid cap ETF holdings are completely different than Wellesley's or Wellington's equity investments.
by maniminto
Sun Feb 12, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments
Replies: 19
Views: 2500

Re: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments

Could you please guide me to identify which ETFs have the same consistency as Vanguard Wellesley's and Vanguard Wellington's equity component. I am interested in creating similar asset allocation but with tax exempt/efficient bonds. Many thanks in advance. I think most here would say to use Vanguar...
by maniminto
Sun Feb 12, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments
Replies: 19
Views: 2500

Re: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments

Wellesley's bond/fixed income component is not tax efficient. So, probably not as attractive for taxable investments. I'm assuming the same applies to Wellington.
by maniminto
Sun Feb 12, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments
Replies: 19
Views: 2500

ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments

Could you please guide me to identify which ETFs have the same consistency as Vanguard Wellesley's and Vanguard Wellington's equity component. I am interested in creating similar asset allocation but with tax exempt/efficient bonds.

Many thanks in advance.
by maniminto
Fri Jan 27, 2017 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

While it certainly wouldn't be a guarantee, I would suggest investing at least 50% of the funds in VWINX, Vanguard's Wellesley Income fund. It's current yield is 2.91%, and it's total return has been consistently in the 6-9% range for over a decade. Yes, you could lose money in this fund, but it's ...
by maniminto
Tue Jan 24, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

A 5 year guaranteed annuity would pay you 3.15% according to immediateannuities.com How much risk are you willing to take to get that last 85 bps? Whatever that risk level is 0-40% put in equities and like livesoft suggests once the blended return hits your 4% number, take the equity chips off the ...
by maniminto
Mon Jan 23, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Thank you all for your input & advice. I had moved most of my investments to cash given the run up of the stock market and the political climate in the country. I intend to work in a structured fashion (as an employee) for another five years and then start consulting and take on projects occasional...
by maniminto
Mon Jan 23, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

You should also look at some version of the Larry Portfolio: 70% in 5 year Treasuries and 30% in the riskiest asset classes: small cap value, international small cap value, and emerging markets value. The maximum historic loss is in the high single digits and over time it's matched the S&P 500. Lar...
by maniminto
Mon Jan 23, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

A 5 year guaranteed annuity would pay you 3.15% according to immediateannuities.com How much risk are you willing to take to get that last 85 bps? Whatever that risk level is 0-40% put in equities and like livesoft suggests once the blended return hits your 4% number, take the equity chips off the ...
by maniminto
Mon Jan 23, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Five years is a relatively short time period for stocks or bonds. I would use a CD ladder with a small amount of stocks and bonds (three fund portfolio). CD rates should rise as interest rates go up. CD's have no downside and are FDIC insured. It sounds like you've already made it, now you just don...
by maniminto
Mon Jan 23, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Can I please get your input & advice on the least risky method to invest $4M to get a 4% return/year for the next 5 years? $2M is taxable and $2M is in qualified accounts. I will not need these funds for the next 5 years and the 4% return I'm looking for would be the blended return between taxable ...
by maniminto
Sun Jan 22, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Thank you all for your input & advice. I had moved most of my investments to cash given the run up of the stock market and the political climate in the country. I intend to work in a structured fashion (as an employee) for another five years and then start consulting and take on projects occasional...
by maniminto
Sun Jan 22, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Thank you all for your input & advice. I had moved most of my investments to cash given the run up of the stock market and the political climate in the country. I intend to work in a structured fashion (as an employee) for another five years and then start consulting and take on projects occasionall...
by maniminto
Sun Jan 22, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

What is the consequences if you don't get 4%? There are no guaranteed 4% returns, especially over such a short time frame. Also, are you considering inflation? The only consequence will be that I'll be farther away from the target amount when I start drawing on the investments. Perhaps more of a me...
by maniminto
Sun Jan 22, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Something like 35% stocks in a Total Stock market and 65% in Total Bond market "should" get you 4% or more per year return and be low risk. But it may not be the lowest risk as no one knows the future. Life happens. And no one knows if this asset allocation will be right for you if the market crash...
by maniminto
Sun Jan 22, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

livesoft wrote:How about investing 100% in Vanguard Total Stock Market Index, then when that investment has returned 22%, switch everything to CDs?
You are being facetious, of course. The proposition was to take the least risk
by maniminto
Sun Jan 22, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Investing $4M to get 4% Return with Least Risk
Replies: 83
Views: 10732

Re: Advice for Investing $4M to get 4% Return with Least Risk

Sheepdog wrote:4% for the NEXT 5 years?.....the next 5 years?.....4%? I wouldn't ..... I couldn't.
Thanks your attempt sheepdog