Search found 610 matches

by ps56k
Sat Apr 30, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: Whom do you purchase a SPIA from?
Replies: 10
Views: 1516

Re: Whom do you purchase a SPIA from?

just stumbled across this thread on SPIA - and my basic question is .... why ? What situations or scenarios would suggest I look into a SPIA ? wife will have teacher pension, I will have SSA, and we have our Fidelity IRAs and Vanguard index mutual fund accounts, along with lots of stocks at Schwab -
by ps56k
Fri Apr 15, 2016 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to draw down accts in retirement
Replies: 9
Views: 1417

Re: How to draw down accts in retirement

Winthorpe wrote:There is a new book just released on exactly this topic.
It's "How to make your money last" by Jane Bryant Quinn..

FYI - http://www.amazon.com/gp/product/B00P434BTE/

Thanks - I'll take a look -
by ps56k
Fri Apr 15, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to draw down accts in retirement
Replies: 9
Views: 1417

Re: How to draw down accts in retirement

I guess my Q&A is more related to what types of assets to sell - and the when and why - behind that decision. It's not just the simple bonds vs stocks - but I think more complicated and granular. For example - some stocks, like Apple, have grown and appreciated and therefore will incur huge cap ...
by ps56k
Thu Apr 14, 2016 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: How to draw down accts in retirement
Replies: 9
Views: 1417

Re: How to draw down accts in retirement

tnx for the local Wiki links -
I'll PDF print off the Wiki articles, and add them to my tablet reading..
by ps56k
Thu Apr 14, 2016 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: How to draw down accts in retirement
Replies: 9
Views: 1417

How to draw down accts in retirement

Was wondering what the suggested method to draw down on a portfolio when entering retirement. Wife is teacher - retiring soon - has full pension, a small 403b, and a small TIRA. I will be retiring soon - only have Social Security and TIRA. Portfolio - accumulated over the years - a sizable taxable a...
by ps56k
Fri Apr 01, 2016 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Ally CD ladder vs MM vs Vang VBMFX
Replies: 5
Views: 1537

Re: Ally CD ladder vs MM vs Vang VBMFX

As I mentioned... this money is newly acquired from a payout from a parents trust, and don't really need it for anything - so just want to protect from my equity stock investment keyboard typing hands. Therefore, any return above zero would be the perfect buffer or insurance from the equity side of ...
by ps56k
Fri Apr 01, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal income inequality, pay off mortgage or invest?
Replies: 44
Views: 5454

Re: Spousal income inequality, pay off mortgage or invest?

I happen to notice my wife's sister has a large overhanging mortgage. She and her husband remodeled their home about 7 years ago to add an entire 2nd story to their ranch style home, and had a $370k construction mortgage several years ago. Then - he was killed in a car accident a couple of years ago...
by ps56k
Thu Mar 17, 2016 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA basis
Replies: 18
Views: 1216

Re: Roth IRA basis

I've never taken a distribution, but I've used TurboTax every year to do my taxes. Every year it asks me if I contributed to a Roth IRA, and updates my Roth basis. Otherwise, I'd have no idea what my Roth basis is either. Just sayin'. I just looked at my TT - and yes, the Basis info is calculated f...
by ps56k
Thu Mar 17, 2016 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: bond funds
Replies: 16
Views: 1627

Re: bond funds

I'm sure someone more knowledgeable will come along, but in the meantime I found this thread: https://www.bogleheads.org/forum/viewtopic.php?t=121062 In general the Spartan line is Fidelity's lineup of lower cost Index funds and as such follow a more passively managed set of guidelines to match a s...
by ps56k
Thu Mar 17, 2016 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Ally CD ladder vs MM vs Vang VBMFX
Replies: 5
Views: 1537

Re: Ally CD ladder vs MM vs Vang VBMFX

The money is just extra cash that is not needed for any specific purpose or emergency - it's being distributed from parent's Trust. SO - I have all my Schwab stock funds, all my Vanguard, TRowe, & Fidelity mutual funds, and all my Vanguard bond funds - along with a few CD's maturing at ALLY. BTW...
by ps56k
Thu Mar 17, 2016 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA basis
Replies: 18
Views: 1216

Re: Roth IRA basis

That comment was in error. You file an 8606 for Roth distributions, not for Roth contributions. You have not missed anything. ok - I guess I'll have to go read up on this... SO - when our son finally takes out any funds from his Roth IRA - he has to file a Form 8606 for that tax year ? What entries...
by ps56k
Thu Mar 17, 2016 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: bond funds
Replies: 16
Views: 1627

Re: bond funds

I suggest that you just use Fidelity Spartan U.S. Bond Index Fund. It's the most broadly diversified of the Spartan bond index funds, has a low expense ratio, it's intermediate-term with AA average credit quality. FBDIX @ Morningstar . Is there anything special about the Fidelity "Spartan"...
by ps56k
Thu Mar 17, 2016 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA basis
Replies: 18
Views: 1216

Re: Roth IRA basis

The form 8606 that you file with the IRS each year has your Roth IRA basis on line 22. just wondering if I missed something... I created a Roth IRA for our son back in 2014, and usually use TurboTax for creating the tax returns. I don't see a Form 8606 - for him and his Roth IRA - since he already ...
by ps56k
Fri Mar 11, 2016 1:46 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds - comparing YTD vs Yield
Replies: 3
Views: 470

Bond Funds - comparing YTD vs Yield

Just comparing some bond funds - and was wondering how you might interpret the listed YTD Return vs the listed Yield ---------------------------- YTD ----- Yield --- SCHZ Schwab Bond ...... 2.6% - 2.0% SCHR Schwab TR ........ 3.0% - 1.5% VBMFX Vanguard Bond ... 2.1% - 2.3% FTBFX Fidelity Bond ..... ...
by ps56k
Tue Mar 08, 2016 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Ally CD ladder vs MM vs Vang VBMFX
Replies: 5
Views: 1537

Ally CD ladder vs MM vs Vang VBMFX

I currently have my "hands off" money distributed between my ALLY CD ladder, MM account, along with Vanguard VBMFX. There is a lot of safety cash sitting in these accounts - the CD ladder has $25k each in 6/June, 9/Sept yearly renewal dates, (1.25%) and the Ally MM has another $100k (0.85%...
by ps56k
Wed Mar 02, 2016 7:01 pm
Forum: Investing - Theory, News & General
Topic: Where Are the Customer Yachts ? - two books ?
Replies: 13
Views: 1590

Re: Where Are the Customer Yachts ? - two books ?

ahhh.... now I see why I was looking at getting the 2nd later version - it is offered in the Kindle format, and the original, being older, is not avail in any eBook format.... I have purchased very few real print paper books lately, and I guess I will have to get the older version in paper for my so...
by ps56k
Wed Mar 02, 2016 12:54 pm
Forum: Investing - Theory, News & General
Topic: Where Are the Customer Yachts ? - two books ?
Replies: 13
Views: 1590

Where Are the Customer Yachts ? - two books ?

What's the difference between these two versions of the classic book ? Which one should I get to send to my son ? http://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0471770892 http://ecx.images-amazon.com/images/I/51ZlYpRnp2L._AA160_.jpg vs http://www.amazon.com/Fred-Schweds-Where-Customers-...
by ps56k
Thu Feb 25, 2016 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Grad student W2 - no SS and no Medicare
Replies: 7
Views: 633

Re: Grad student W2 - no SS and no Medicare

hyla wrote:Agree, and also a really great time to take advantage of the saver's credit....

I'll have to do a search on this Savers Credit - currently using Turbotax, and it flags all the req boxes for the various credits/deductions for edu..
by ps56k
Thu Feb 25, 2016 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Grad student W2 - no SS and no Medicare
Replies: 7
Views: 633

Grad student W2 - no SS and no Medicare

Our son is a Grad Student - and receives a salary/stipend for his research work. I just noticed on his W2 - that there is the normal Wages + Fed/State taxes, but there is no SS and no Medicare. I can possibly understand the lack of SS withholding - as our wife, a teacher, also has no SS, and instead...
by ps56k
Fri Nov 13, 2015 7:25 pm
Forum: Personal Consumer Issues
Topic: Donating a car - 2001 Jeep + 2004 Impala
Replies: 5
Views: 666

Donating a car - 2001 Jeep + 2004 Impala

We have a couple of cars leftover from our son's days in school.... UW/Madison - Now he's out in California with a 2007 Mazda 3 hatchback. Have a 2004 Chevy Impala LS - leather, 6cyl, - but it's had several GM failure issues - and now has a windshielf/roof line water leak. Have a 2001 Jeep Grand Che...
by ps56k
Fri Nov 13, 2015 7:18 pm
Forum: Personal Consumer Issues
Topic: Concrete Driveway Sealers
Replies: 14
Views: 1758

Re: Concrete Driveway Sealers

To answer your question: acrylics can be slippery as they form a film on top. I've decided to go with the very best which is a deep penetrating siloxane type. Mfg says it is good for 7 to 10 years; guess I'm the lazy type and don't ever plan on doing it again (Doc says I only have 10 years to live)...
by ps56k
Mon Sep 14, 2015 4:52 pm
Forum: Investing - Theory, News & General
Topic: What is the benefit of a CD ladder today?
Replies: 21
Views: 3191

Re: What is the benefit of a CD ladder today?

Was just reviewing my CD bonds over at Ally Bank - and the concept of keeping my fingers off the cash... http://www.ally.com/bank/cd-ladder/#local=step-by-step OR - I could just keep adding into my Vanguard Total Bond Fund or my Vanguard Wellesley Income Fund.. Basically - just some way to keep my f...
by ps56k
Mon Sep 14, 2015 4:13 pm
Forum: Investing - Theory, News & General
Topic: The 3 Bucket Portfolio - for retirement
Replies: 24
Views: 2289

The 3 Bucket Portfolio - for retirement

Happen to see this article - another interesting approach to balancing retirement portfolios... An Aggressive Retirement Portfolio in 3 Buckets - - Bucket 1: years 1 -2 - Cash - Bucket 2: years 3 - 10 - Bonds, with a sprinkle of equity and TIPs - Bucket 3: years 11+ : Equity http://news.morningstar....
by ps56k
Mon Aug 31, 2015 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Bene + SSN
Replies: 0
Views: 160

Life Insurance Bene + SSN

This is a Q concerning setting up Life Insurance Bene vs a Will vs a Trust - Wife's sister (50) lost her husband in a car crash last year, and is having a struggle trying to decide how to handle her own finances with respect to her Life Insurance and other financial accounts. She wants to divide her...
by ps56k
Thu Aug 20, 2015 4:48 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 439
Views: 68381

Re: Schwab Intelligent Portfolios [now live]

It will be interesting to see how SIP responds to the past couple of down markets - like today's drop of 350 -
May not show now - but maybe a chart in a week or so -
by ps56k
Tue Jul 14, 2015 3:52 pm
Forum: Investing - Theory, News & General
Topic: International bonds - VTIBX - bubble, short, stay
Replies: 28
Views: 2791

Re: International bonds - VTIBX - bubble, short, stay

I went back to my posting - and added the country percentages for -
- Vanguard International Bond
- Dodge & Cox Global Bond
- Pimco Global Bond
by ps56k
Tue Jul 14, 2015 3:40 pm
Forum: Investing - Theory, News & General
Topic: International bonds - VTIBX - bubble, short, stay
Replies: 28
Views: 2791

Re: International bonds - VTIBX - bubble, short, stay

I wonder why so much toward Japan ? Vanguard International Bond fund - Country diversification - just a couple top slices... Japan 22.6% France 11.6% Germany 9.7% Italy 8.4% United Kingdom 8.4% Here is the Dodge & Cox Global Bond Fund - totally different alloc - including adding 48% USA - to an ...
by ps56k
Tue Jul 14, 2015 3:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Four Fund Portfolio
Replies: 127
Views: 18595

Re: Vanguard - Four Fund Portfolio

as per the orig posting - the 4 funds - * Total Stock Market (U.S.) Index * Total International Stock Market Index * Total Bond (U.S.) Market Index * Total International Bond Market Index The toss-up question in 3 pages of this thread is the - Intl Bond Index - is it worth it ? VTIBX - I put some mo...
by ps56k
Tue Jul 14, 2015 3:14 pm
Forum: Investing - Theory, News & General
Topic: International bonds - VTIBX - bubble, short, stay
Replies: 28
Views: 2791

Re: International bonds - VTIBX - bubble, short, stay

I wonder how all the Intl Bond funds will react to short term news and longer term QE type solutions that are unfolding in the EU - July 2015 - I've put some into VTIBX, and was on the fence about adding more, again as a 4th leg to diversify out bond/CD holdings, but like mentioned above - maybe my ...
by ps56k
Sun Jun 14, 2015 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: IRA contribution question
Replies: 3
Views: 504

Re: IRA contribution question

You might also mention if you are working - and if you are covered by a retirement plan at work... and contribute - IRA's can only be funded from "earned income" and spouses can be funded from the working partner. You can usually contribute to an IRA - the "deduction" gets nipped...
by ps56k
Sun Jun 14, 2015 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Time Has Gone Quickly, 3 Months Till Retirement
Replies: 32
Views: 4859

Re: Time Has Gone Quickly, 3 Months Till Retirement

What you may be missing is that your portfolio will be providing a significant amount of dividends and capital gains and other distributions every year, and fairly reliably. These may approach a significant portion of your yearly needs (about 80% of ours), thus reducing the need to have a significa...
by ps56k
Sun Jun 14, 2015 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bear Market strategies, if any
Replies: 61
Views: 7629

Re: Bear Market strategies, if any

For the - Winter Is Coming - strategy, I setup a $100k CD ladder with ALLY Bank, and also started exchanging some money to more moderate Vanguard mutual funds. I exchanged some into Vanguard Wellesley - VWINX - Now, I'm wondering if maybe the Vanguard Balanced Index Fund - VBINX - might be a better ...
by ps56k
Fri Jun 12, 2015 7:52 pm
Forum: Investing - Theory, News & General
Topic: 9 Funds for a Rainy Day
Replies: 16
Views: 2879

Re: 9 Funds for a Rainy Day

I wanted something to "save for a rainy day" - or more like a 2008 downpour - SO - put $25k each into four ladder CD's at ALLY Bank, and also moved some cash into Vanguard Wellesley - which is 60% bond and 40% stock - as a good counter balance safety net to my other Vanguard funds. Since W...
by ps56k
Fri Jun 12, 2015 4:47 pm
Forum: Investing - Theory, News & General
Topic: 9 Funds for a Rainy Day
Replies: 16
Views: 2879

Re: 9 Funds for a Rainy Day

Was just reading the Kiplinger article at the library this afternoon -

So - how does the Vanguard Balanced index fund (VBINX)
compare to say the Wellington (VWELX) and Wellesley (VWINX) funds ?

Looks like it splits the middle between the Wellington stock-oriented and Wellesley bond-oriented funds.
by ps56k
Fri Jun 12, 2015 11:54 am
Forum: Investing - Help with Personal Investments
Topic: 403b/teachers pension plan rollover questions
Replies: 9
Views: 1314

Re: 403b/teachers pension plan rollover questions

here is some info from another thread of mine - same basic questions - ------------- wife has 403b at Fidelity and a T-IRA account at Fidelity with about $60k in basis... Convert T-IRA to Roth - in Tax steps ? Post by DSInvestor » Sun Dec 14, 2014 12:54 am If your wife is still working and has acces...
by ps56k
Fri Jun 12, 2015 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Investing for my 19 yr old son
Replies: 23
Views: 2625

Re: Investing for my 19 yr old son

I setup a Vanguard Roth IRA for our son. Used the TD fund for 2050. One nit - which should not be a problem for you - is that IRAs can only be funded from "earned income". So your son has to earn at least $5,500 a year to fully fund the IRA. Ours was only working during the summer, so it w...
by ps56k
Fri May 08, 2015 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps? PhD student w/ almost no tax-advantaged space
Replies: 19
Views: 2123

Re: Next steps? PhD student w/ almost no tax-advantaged space

bcjb wrote:I can certainly empathize, and I agree that stipends should be treated as regular earned income.

Our son received a W-2 for his PhD income via TA + Research -
by ps56k
Fri May 08, 2015 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps? PhD student w/ almost no tax-advantaged space
Replies: 19
Views: 2123

Re: Next steps? PhD student w/ almost no tax-advantaged space

#1 - I seem to recall the qual for using the QTIP was that he had to be at least a 1/2 time student... hmmmmm.... maybe the qual is for getting the "deduction" - I'm just interested in getting the money out of the 529. He has a couple of classes, but no tuition costs - no billing statement...
by ps56k
Fri May 08, 2015 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps? PhD student w/ almost no tax-advantaged space
Replies: 19
Views: 2123

Re: Next steps? PhD student w/ almost no tax-advantaged space

Our son is following the PhD path and is receiving about $30k for TA + Research. Our problem is that I still have about $30k left in his Illinois BrightStart 529 plan. Since he's not really a student anymore, I'm currently stuck with the $30k... SO - will have to just sit on it... no other siblings....
by ps56k
Sun May 03, 2015 11:38 pm
Forum: Investing - Theory, News & General
Topic: Fiduciary Standard - Now open for public comments
Replies: 29
Views: 3029

Re: Fiduciary Standard - Now open for public comments

As I read it, this only applies to retirement accounts, maybe. What about those with regular taxable investment accounts? IMO, that's where the real problem is. The Labor Department has no jurisdiction over regular accounts -- that's SEC, and possibly Treasury. Labor has jurisdiction over retiremen...
by ps56k
Wed Apr 22, 2015 11:30 pm
Forum: Investing - Theory, News & General
Topic: TRowe article - Stretching an Inherited IRA
Replies: 0
Views: 413

TRowe article - Stretching an Inherited IRA

Happen to have a couple of mutual funds at TRowe, and receive their INSIGHT publication. There was an article on a topic I had not previously run across, and just wanted to share... "Stretching" an Inherited IRA offers your heirs the potential for decades of tax–advantaged growth. http://i...
by ps56k
Tue Apr 21, 2015 12:08 pm
Forum: Investing - Theory, News & General
Topic: International bonds - VTIBX - bubble, short, stay
Replies: 28
Views: 2791

International bonds - VTIBX - bubble, short, stay

Have a little of the Vanguard International Bond index fund - VTIBX - https://personal.vanguard.com/us/funds/snapshot?FundId=1231&FundIntExt=INT and just saw this Bill Gross article about concern over Germany bunds... http://finance.yahoo.com/news/bill-gross-short-lifetime-144103525.html Do his ...
by ps56k
Sun Apr 19, 2015 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: 401k + retirement + bene + family
Replies: 4
Views: 581

401k + retirement + bene + family

My wife's sister's husband (50) was killed in a car accident 2 years ago.... He had a 401k - only $10k in it - and the bene was his father... that's ok. The 401k info was given to the father, who has been retired for years. It appears that the father rolled over the son's 401k into his own 401k - Ju...
by ps56k
Sun Apr 12, 2015 10:39 pm
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 75
Views: 13977

Re: Consistent Yield & Duration to Help Choose TIPS Fund

tnx for the info -
so much to absorb... at the high levels, and then drilling down to the sub-topics - and then layers under that :)
by ps56k
Thu Apr 09, 2015 5:27 pm
Forum: Investing - Theory, News & General
Topic: Int'l Hedged Bond Funds
Replies: 10
Views: 1303

Re: Int'l Hedged Bond Funds

If I were to summarize this data from an US investors perspective in terms of risk/reward it would be as follows: -> Canada, Israel: Similar real yields to the US but with currency risk. NO THANKS. -> Brazil, Chile, Mexico, S. Africa: Higher real yields are tempting. But which one of these will be ...
by ps56k
Thu Apr 09, 2015 4:02 pm
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 75
Views: 13977

Re: Consistent Yield & Duration to Help Choose TIPS Fund

If I were to summarize this data from an US investors perspective in terms of risk/reward it would be as follows: Canada, Israel: Similar real yields to the US but with currency risk. NO THANKS. Brazil, Chile, Mexico, S. Africa: Higher real yields are tempting. But which one of these will be the ne...
by ps56k
Sat Apr 04, 2015 10:10 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 439
Views: 68381

Re: Schwab Intelligent Portfolios [now live]

tj wrote:TurboTax import.

Yeah - I've been doing that for awhile now.... just wondering how convoluted all the SIP tracking will become..
by ps56k
Sat Apr 04, 2015 9:46 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 439
Views: 68381

Re: Schwab Intelligent Portfolios [now live]

I wonder what the resulting 1099 line item entries will look like next tax season ?
Will you be seeing potentially 12 different line items for divs, cap gains, etc - ???
that you will then have to transcribe onto your 1040.
by ps56k
Tue Mar 31, 2015 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired investment advice needed
Replies: 12
Views: 1461

Re: Newly retired investment advice needed

Julieta wrote:He funded $6,500 into his 2014 IRA and his income was less than $6,500

Was this the first time he didn't have enough "earned income" to fund the total $6,500 contrib to the IRA ?
What about previous years ?
by ps56k
Tue Mar 31, 2015 5:24 pm
Forum: Investing - Theory, News & General
Topic: Is it time to give-up on TIPS?
Replies: 137
Views: 21436

Re: Is it time to give-up on TIPS?

Doc wrote:I use a 0-10 ladder..... Now that there is a 1-10 fund/etf available that may be a viable alternative.

What does your 0-10 ladder look like ?
and what is the 1-10 fund/etf you mention ?

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