Search found 104 matches

by not4me
Thu Aug 17, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 50
Views: 1211

Re: Is it worth it?

To me, this is hard to generalize as there are lots of variables. I would say that for most the perspective changes once the kids are in school. Parenting is 'new' to you & the kids are in a high developmental stage where things change quickly. At this point, you don't know how involved they want to...
by not4me
Wed Aug 16, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 22
Views: 2246

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

It would have to be a huge drop in investor demand. If the stock sells at a price that gives a 10% vs an 8% return, it doesn't mean the company is paying out 2% extra, it just means it raised a little less in that round. The real problem is that if it absolutely has to raise capital by selling stoc...
by not4me
Wed Aug 16, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Bond - Should I sell?
Replies: 12
Views: 996

Re: Inherited Bond - Should I sell?

Reading the original post, it sounds as if OP doesn't need convincing to dispose of it -- it's more a question of what is 'reasonable'. I'll throw out a couple of different perspectives. I assume it was inherited from someone who has died somewhat recently, making it a long term capital item with a ...
by not4me
Wed Aug 16, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 22
Views: 2246

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7— A shareholder proposal to institute transparent procedures to avoid holding investments in companies that, in management’s judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. While I certainly don't condone genocide,...
by not4me
Wed Aug 16, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: Postal Service -- "informed delivery"
Replies: 84
Views: 4222

Re: Postal Service -- "informed delivery"

avalpert wrote:
Wed Aug 16, 2017 10:23 am
am thankful someone else is willing to pay
Admittedly, I haven't read all of all the posts, but this touches on about the 2nd or 3rd thing I wondered about when I first heard of it & haven't seen it addressed. Who is the benefactor?
by not4me
Tue Aug 15, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 23
Views: 1774

Re: Accountant liable for penalties?

How can you hold the accountant liable? He already told you last February that he wouldn't have time to look at it for several months. Now that he's looked at it and run the numbers, there is more money due. We were fine with him filing the extension, where the problem is is that he did not tell us...
by not4me
Tue Aug 15, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: Free Reading
Replies: 65
Views: 5699

Re: Free Reading

!st, I'm on the "pro" library side, but don't think I could improve on what has previously been said. I do have a question regarding the law cited (my underline added)....I honestly don't know what jurisdiction that is...Local? State? etc. I would be interested in hearing more. I note you say 'prot...
by not4me
Tue Aug 15, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 4892

Re: Plan for making child pay for part of college

OP, haven't had time to read all this, so it may be redundant....I'd recommend some flexibility until the school is selected (or at least a short list of candidates). I think others have brought up the 'side items', some of this will definitely depend on which school. This is particularly true for t...
by not4me
Sat Aug 12, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Options as a Tax Loss Harvesting Tool
Replies: 16
Views: 1207

Re: Options as a Tax Loss Harvesting Tool

In any case, it seems these intentionally generated wash sales would have to be self-reported, since brokerages aren't required to report the wash sale unless it involves the identical security as opposed to the option. I hadn't really thought about what the broker would be reporting to the IRS unt...
by not4me
Sat Aug 12, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Options as a Tax Loss Harvesting Tool
Replies: 16
Views: 1207

Re: Options as a Tax Loss Harvesting Tool

If my mistake isn't easy to explain, don't bother. But I am curious as to where I got off track I don't think you made a mistake. Selling 100 shares of GM at a loss and buying an option to buy 100 shares of GM within 30 produces a wash sale. Selling 100 shares of SPY at a loss and buying the 100 sh...
by not4me
Sat Aug 12, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Options as a Tax Loss Harvesting Tool
Replies: 16
Views: 1207

Re: Options as a Tax Loss Harvesting Tool

I don't think the ETF is treated differently in the option scenario it just hasn't been clarified if two funds following the same index are substantially identical. I started by saying I'm not an accountant & then proceeded to prove such. But for further clarification on my part, I quickly looked u...
by not4me
Sat Aug 12, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Options as a Tax Loss Harvesting Tool
Replies: 16
Views: 1207

Re: Options as a Tax Loss Harvesting Tool

Putting some numbers on this, if you had a loss on SPY today I'm kind of hoping an accountant clicks on this thread and can educate me :wink: 1st, I'm not an accountant. But I think this is an area where you'll have to be very, very specific in the scenario. Your example was for SPY. I believe that...
by not4me
Sat Aug 12, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Bonds and Interest rates increase
Replies: 34
Views: 2501

Re: Bonds and Interest rates increase

Expectations are priced in, but expectations are not certainties. What gets priced in early are the 50 to 90% odds that the rates will change. On a Fed announcement, or other move, the odds become 100% and prices move the rest of the way. Thanks for making an important point that is often forgotten...
by not4me
Fri Aug 11, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: Free Reading
Replies: 65
Views: 5699

Re: Free Reading

Hello, library board trustee here. In my opinion, ABSOLUTELY YES. There is no other institution that is required by law to protect free access to information , no questions asked. Many people don't realize that public libraries and their lobbyists are on the front lines of the fight for freedom of ...
by not4me
Tue Aug 08, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 5859

Re: What is an appropriate lower risk asset allocation once one has "won the game"

given a goal of asset protection to keep up with inflation? We may need to start spending and gifting a bit more from income. I'd start by sharpening your goals. While I understand the sense of having "won the game", it seems to me that you still see yourself in the game. When the game ends, where ...
by not4me
Fri Aug 04, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Beach condo investing
Replies: 32
Views: 4299

Re: Beach condo investing

I know & have known quite a few that own condos in that area; that doesn't make me an expert. But I've have heard it discussed a fair amount. Since you live near there, you already know which areas are prone to attract which types of visitors. Wide difference between SanDestin, PCB, Ft Morgan, e...
by not4me
Fri Aug 04, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

I will agree that the opening price of a stock does not necessarily fall exactly in line with the dividend when the stock goes ex-dividend . The major exchanges automatically reduce the bids by the amount of the dividend (unless the bidder explicitly states otherwise in his order). There are other ...
by not4me
Thu Aug 03, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Please do me the honor of stating what you disagree with. I really hate to do this. After 250+ posts & counting, the young pups who might learn have quit reading leaving just those already entrenched. Plus, it will interrupt a discussion on closed end funds (that I haven't read). But I feel a c...
by not4me
Wed Aug 02, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant/Planner fees during estate transfer
Replies: 18
Views: 1073

Re: Accountant/Planner fees during estate transfer

Working with family to ensure everything is in place for a smooth transition for an estate between family members (Grandparents to children and grandchildren) upon death of grandparents, and wondering if there are any customary fees that we might expect to pay to the accountant or planner/advisor i...
by not4me
Wed Aug 02, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Their share-price relative to their intrinsic value varies. I realized sometime back that this is not understood & that some hold the view that stock price works the same as NAV for a open-end mutual fund & that it moves in lock step to book value. When the dividend is paid, the cash in han...
by not4me
Wed Aug 02, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Their share-price relative to their intrinsic value varies. I realized sometime back that this is not understood & that some hold the view that stock price works the same as NAV for a open-end mutual fund & that it moves in lock step to book value. When the dividend is paid, the cash in han...
by not4me
Wed Aug 02, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Timber Investing: My articles on ETFs and REITs
Replies: 23
Views: 6678

Re: Timber Investing: My articles on ETFs and REITs

When I last checked, timber REITs did not closely track the NCREIF Timberland Property Index. They exhibited much greater volatility and a higher correlation with stock returns. I’m interested, but I respect your time and won’t ask you to elaborate if you choose not to. Instead, is there a resource...
by not4me
Wed Aug 02, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Their share-price relative to their intrinsic value varies. I realized sometime back that this is not understood & that some hold the view that stock price works the same as NAV for a open-end mutual fund & that it moves in lock step to book value. When the dividend is paid, the cash in han...
by not4me
Wed Aug 02, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: Timber Investing: My articles on ETFs and REITs
Replies: 23
Views: 6678

Re: Timber Investing: My articles on ETFs and REITs

Are there any new opportunities for retail investors to directly invest in timberland? I haven't read the articles, but have looked into this before. When you say "directly invest", do you include REITs? Much of the research I've seen in the past does not. I for one see a real distinction...
by not4me
Wed Aug 02, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Is This Always True Regarding Umbrella Policies?
Replies: 15
Views: 1978

Re: Is This Always True Regarding Umbrella Policies?

Must you have your vehicle insurance with one carrier in order to obtain umbrella insurance? No m Thanks PVW for the suggestion. RLI worked out. This may mean you're through, but I was going to add that you might want to check quotes. My experience has been that you don't have to have them all in o...
by not4me
Tue Aug 01, 2017 2:45 pm
Forum: Investing - Theory, News & General
Topic: Rising dividends good sign or neutral or bad
Replies: 14
Views: 1263

Re: Rising dividends good sign or neutral or bad

Upon looking at my portfolio dividend history the past few months, I see that the dividend payouts are generally higher for my mutual funds, ETFs and the stocks I own as compared to the previous year. In quite a few cases, the increase is more than inflation. From what I have read here, one should ...
by not4me
Tue Aug 01, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or Mortgage
Replies: 38
Views: 2054

Re: 529 or Mortgage

Funds left in a 529 that aren't used for "qualifying" expenses will also be subject to a penalty (I believe). There are lots of expenses in college years that aren't covered. Can you give some examples of college expenses that aren't considered qualifying for the purpose of a 529 withdraw...
by not4me
Tue Aug 01, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Of course, the business doesn't start with the paying of a dividend...That's a piece glossed over before. I might be willing to send the million dollar dividend, but first my enterprise needs to be capitalized...to the tune of $200 million....& that is understating it....& it'll still be a ...
by not4me
Tue Aug 01, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets, not Emerging Market Indexes
Replies: 21
Views: 1630

Re: Emerging Markets, not Emerging Market Indexes

Simplegift, thanks for the lead. Could you provide tickers for these? I can find the indexes on MSCI's website. I can't find them on BlackRock's site. Perhaps these ETFs haven’t made it off the ground yet. I can find an SEC filing for the U.S.-only fund — but no ticker symbols. I am not an ETF inve...
by not4me
Tue Aug 01, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or Mortgage
Replies: 38
Views: 2054

Re: 529 or Mortgage

I did not want to tie up lot of assets I could not get access to easily and pay a 10% penalty. So wanted to keep as much as liquid as I can and manage. Thats why I put enough to get company match. Understanding better your situation & it is a bit different. I wasn't clear if your "10% pena...
by not4me
Tue Aug 01, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 20923

Re: Living Off Dividends

Why don't you give me a million dollars then? It won't impact your ability to earn more money with your human capital (the core of the patrick013 company). You might be worth more after you give me a million dollars! It's magic! I'll just declare a liquidating dividend per share. Can't price it on ...
by not4me
Mon Jul 31, 2017 4:13 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets, not Emerging Market Indexes
Replies: 21
Views: 1630

Re: Emerging Markets, not Emerging Market Indexes

I have traditionally over weighted Emerging Markets because of a small cap and value story. Does anybody have any ideas on how to get increased exposure to companies that have EM exposure? I am almost tempted to start up a search for a actively manged fund. When you say "increased" exposu...
by not4me
Mon Jul 31, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or Mortgage
Replies: 38
Views: 2054

Re: 529 or Mortgage

OP, without knowing your age, I'm wondering if you have an aversion to debt since you currently don't have any & want to payoff early. I mention that as context for a possible approach. Let's say you stay on track to payoff in 9 years & keep a cap on life style (that is, living expenses) to ...
by not4me
Fri Jul 28, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: 529 asset allocation thoughts
Replies: 5
Views: 390

Re: 529 asset allocation thoughts

I agree there is overlap, but I don't see anything wrong with overlap? Yea, I don't see a problem with overlap -- as long as you understand the overlap. Whether it would be easier to accomplish the same thing another way you'd need to consider your plan on rebalancing & migrating toward end all...
by not4me
Fri Jul 28, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP Specifics help
Replies: 16
Views: 565

Re: ESPP Specifics help

If Op said the plan was to max his contribution, I missed it. But assuming he 'came close' & contributed $18k/year, that would have the company kicking in $2700. Selling monthly would be $240 in commissions & taxes would be at ordinary income rates. Realizing he'd take on some risk, but that...
by not4me
Fri Jul 28, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1042

Re: Awarded stock; sell and diversify?

You can also do a partial liquidation -- sell some/keep some. That may play into your 'emotional' side of this...For example, how would you take to being scoffed at if you sold & it stock did great? You kept & it tanked? How does this fit with your other investments -- concentration of alloc...
by not4me
Thu Jul 27, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 4241

Re: Why are they beating S/P? What am I missing?

Bogleheads may emphasize the luck element. Others may emphasize the skill. I think there is a tendency to ascribe to luck any success that goes against firmly held beliefs, but attribute to skill when those beliefs pan out. Similar to using past performance or not, etc.... My question is: "If ...
by not4me
Wed Jul 26, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: What if a fund like CGM fund closed? Would I lose all my money in there?
Replies: 4
Views: 374

Re: What if a fund like CGM fund closed? Would I lose all my money in there?

This may seem like wordsmithing, but there is an important distinction regarding use of the word "close". Some funds will periodically "close" to new investors, or investments, etc. This may be due to the advisor feeling they are getting more dollars in than can be reasonably inv...
by not4me
Wed Jul 26, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: International bond fund foreign tax?
Replies: 7
Views: 429

Re: International bond fund foreign tax?

Very interesting. Thanks, AlohaJoe for detailed thoughts! not4me: this is dividend income; not sure it can be carried forward. Understand & I didn't pick a good example; was probably thinking of how US individuals can offset dividends by carryover losses to a certain extent -- I'm clearly not u...
by not4me
Wed Jul 26, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance Questions
Replies: 22
Views: 3090

Re: Inheritance Questions

Thank you for the replies, it has provided me with some great insight. I received the paperwork today for my mother's CalSTRS retirement. Each beneficiary (3 total) after all is said and done, will receive approximately $20,000-$30,000 total. The paperwork says they'll withhold 20% for federal tax,...
by not4me
Wed Jul 26, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: International bond fund foreign tax?
Replies: 7
Views: 429

Re: International bond fund foreign tax?

At first look, the reference you gave was for one year. If that is the sole basis, I'd be cautious about inferring broader patterns without doing more digging. For example, consider what those 2 funds carried into that year from previous years...did they have losses brought forward that would offset...
by not4me
Tue Jul 25, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Dividend + Buyback Yield
Replies: 13
Views: 888

Re: S&P 500 Dividend + Buyback Yield

I'll join the chorus of those who don't think this is good long term. My initial thoughts are that this is likely to be principally driven by (1) central banks having a ZIRP; & (2) tax policy (in more than one way). I'm not a fan of buybacks, but I do see how they could be used in individual cir...
by not4me
Mon Jul 24, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs buybacks
Replies: 60
Views: 2965

Re: Dividends vs buybacks

But what difference does it make for an index fund investor? I get the impression that supporters of buybacks claim that it makes no difference at all for index fund investors in a tax-deferred account if the companies in the S&P 500 index use only dividends or only buybacks. I don't know how t...
by not4me
Thu Jul 20, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Land purchase / portfolio allocation
Replies: 13
Views: 919

Re: Land purchase / portfolio allocation

First to clarify my mention of cap rate...I wasn't thinking it would sell based on that, but thought perhaps you were targeting a rate you'd get between start & exit of the deal. Maybe said another way, how will you define success for this deal? Is there a point at which you'd bail out & cut...
by not4me
Wed Jul 19, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: What Major Companies are Not Included in Standard Vanguard Index Funds?
Replies: 14
Views: 1648

Re: What Major Companies are Not Included in Standard Vanguard Index Funds?

Does anyone buy these individual stocks at market cap weight to "right" their portfolio? Are there any other stocks that fall into this category due to their holding structures or other reasons? I think it would be quite difficult to accurately determine "the" market cap weight....
by not4me
Wed Jul 19, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: [Need help to review alternative investment portfolio]
Replies: 18
Views: 1146

Re: [Need help to review alternative investment portfolio]

nisiprius wrote:Help me decode this... gobbledegook. From the LENDX Annual Report, 2/28/2017


I'm trying to be sure I didn't miss your point...isn't this "standard gobbledegook"? I may be staring right at the difference, but I'm missing it
by not4me
Wed Jul 19, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Land purchase / portfolio allocation
Replies: 13
Views: 919

Re: Land purchase / portfolio allocation

Psteinx has done a good job & I'd like to think over his comments, but will share an additional 1 or 2 of my own for now. OP, you are at a clear advantage & I for one realize my comments may miss the specific opportunity you face -- again, real estate is local....it does seem you have some t...
by not4me
Wed Jul 19, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Land purchase / portfolio allocation
Replies: 13
Views: 919

Re: Land purchase / portfolio allocation

You covered a lot of ground (no pun intended) & hard to know where to start. Majority on this board do not favor rentals & I'm surprised you haven't heard more regarding needing to have more in retirement accounts, what you referred to as "liquid stocks" (in the form of index funds...
by not4me
Wed Jul 19, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Ideas on what to do with old stock for future house fund
Replies: 5
Views: 383

Re: Ideas on what to do with old stock for future house fund

The IRS does allow one to estimate your cost basis in this case. The simplest, cleanest answer is to sell now. Reinvest in your current AA since your can bear the risk. If charitable giving is part of your budget, give the appreciated stock and direct the cash normally spent on charitable giving to...
by not4me
Wed Jul 19, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 991

Re: cost basis for certificated shares from 1990 - and 3 splits since

My ex was maintaining records at that time, so I will need to talk to Computershare to get history, online statements don't go back that far. But I know the dividends have been in a DRIP program. I think I just need to see that the splits were credited in book form beginning in 2001. Figuring this ...