Search found 256 matches

by brianplycatu
Thu Dec 15, 2016 2:06 pm
Forum: Investing - Theory, News & General
Topic: Will TIPS really protect you if inflation takes off?
Replies: 62
Views: 7707

Re: Will TIPS really protect you if inflation takes off?

I think I remember that Larry Swedroe in one of his books a long time ago mentioned that when the yield on TIPs reaches a low level that short term nominal bonds would offer a better protection against inflation. Is my memory faulty?
by brianplycatu
Tue Sep 22, 2015 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: "TIPS a headache a outside of sheltered accounts"
Replies: 15
Views: 1699

Re: "TIPS a headache a outside of sheltered accounts"

Cruncher, I am officially confused. ... I have the same question as dbr. If Tips fund is replaced by any bond fund with the same yield is not the tax the same? "Officially confused" -- I like that! I often confuse people; but this is the first time someone said I'd officially confused the...
by brianplycatu
Mon Sep 21, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Whoops. Edit I meant to say 70/30 portfolio not 70/40 Just to let you know you can edit your own post by clicking the thing that looks like a pencil in the upper right corner of your post. I just took a look at the Petsmart charities site. It appears that they have help for a number of options and ...
by brianplycatu
Mon Sep 21, 2015 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Gill wrote:You can't negotiate for lower than 5%. That's an IRS requirement.
Gill
Wow! Thanks Gill. I wish the original VG rep had told me that. That is very important and completely changes my plan.
by brianplycatu
Mon Sep 21, 2015 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Remember the charities want your donation, but ultimately they want to be able to spend money on programs. Letting the money grow while taking out little or nothing for programs would lead eventually to a large fund. But even if that were permitted what good would it do? The charity would have a hu...
by brianplycatu
Mon Sep 21, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

You certainly can have your name to something - you just need to decide what that is - The Brian Center for pet care (although it probably costs more than $4m to build a building) - The Brian scholarship fund for those studying pet care - The Brian endowed chair for professors researching pet care ...
by brianplycatu
Mon Sep 21, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Another difference between Marmot's case and that of the OP is that Marmot's trust is not for charitable purposes, but that is what the OP wants. Others have already suggested that the charities themselves have endowments or foundations that could take the funds as a bequest. I will make a somewhat...
by brianplycatu
Mon Sep 21, 2015 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: "TIPS a headache a outside of sheltered accounts"
Replies: 15
Views: 1699

Re: "TIPS a headache a outside of sheltered accounts"

Is there anything in that list [see here ] that would not also apply to any individual bond? Yes, items 1, 2, and 5 would not apply to non-CPI-indexed coupon bonds since they don't have OID. And even items 3 & 4 are more complicated with TIPS because the amortization must be separated from the ...
by brianplycatu
Sat Sep 19, 2015 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Whoops. Edit I meant to say 70/30 portfolio not 70/40
by brianplycatu
Sat Sep 19, 2015 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Northern Trust will manage it and it will invest in Vanguard funds we have specified. I find this puzzling. The major appeal of Vanguard is low cost. But Northern Trust is hardly a low cost trustee. If you want Vanguard funds, why not have Vanguard as the trustee? To the OP, it seems that you have ...
by brianplycatu
Sat Sep 19, 2015 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

There have been some suggestions that at the OP's $4 mil level, a foundation is more efficient than a DAF. I don't understand how that could be possible. - Who runs the foundation? What is to prevent the administrators of the foundation from lining their pockets by giving themselves high salaries, ...
by brianplycatu
Sun Aug 30, 2015 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

One advantage of using a DAF vs. private foundation (at least as best I understand) is that foundations are required to distribute 5% of their assets each year to charities. While Donor Advised Funds have the same (or similar) requirement, that 5% is for the entire fund - not individual participant...
by brianplycatu
Sun Aug 30, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Brian - I have similar issues -- how to donate my taxable account. I looked at Vanguard Charitable and it seems reasonable except for the fees. They are not large compared to assets, but the annual fee to handle $1m would be around $4000 -- it was not stated clearly enough for me to be sure -- ever...
by brianplycatu
Sun Aug 30, 2015 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charitable trust after death

My suggestion for a charitable trust would be to name it the Brian Ply Catu Fund to live well in the Golden Years. While alive donate a sizeable amount of the money to organization such as Bogleheads for the advancement of financial literacy. The sizeable amount would be used to set up a framework ...
by brianplycatu
Sun Aug 30, 2015 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

I'd look for something like the organization linked below, near me. I don't know much about it, just happen to know of them. Work through the "Give" dropdown for an explanation of their role. They are for one local area, obviously, but I believe it is a common model. I'd make sure it's a ...
by brianplycatu
Sun Aug 30, 2015 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

As I pointed out above, you can accomplish every objective you've mentioned with a donor advised fund. Talk with them about it. Gill Thanks Gill I guess I will need to do more homework. I did not understand when you mentioned it before but it might be exactly what I want. The attorney didn't mentio...
by brianplycatu
Sun Aug 30, 2015 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

As I pointed out above, you can accomplish every objective you've mentioned with a donor advised fund. Talk with them about it. Gill Vanguardcharitable.org or fidelitycharitable.org Gill Absolutely - sounds like a fit for a Donor Advised Fund! Depending on the circumstances, you could set this up n...
by brianplycatu
Sun Aug 30, 2015 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

As I pointed out above, you can accomplish every objective you've mentioned with a donor advised fund. Talk with them about it. Gill Vanguardcharitable.org or fidelitycharitable.org Gill Absolutely - sounds like a fit for a Donor Advised Fund! Depending on the circumstances, you could set this up n...
by brianplycatu
Sun Aug 30, 2015 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

This is more of a question rather than a suggestion, but, can one put a contingency in a will or trust that says something to the effect that money is bequeathed if the organization will use it for funding of a rescue shelter to be named Brian's Shepard Shelter? CABob, I hope I can and this is stil...
by brianplycatu
Sat Aug 29, 2015 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

What you're describing is a foundation. While foundations aren't practical for small amounts, $5 or $6 million is more than enough for a foundation. While there are some expenses in running a foundation, such as annual tax returns, at that level the costs are far less than the costs of a donor advi...
by brianplycatu
Sat Aug 29, 2015 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Maybe I am not following, but I would think you could appoint the target charity as the trustee. There would then be no conflict between the trustee and the beneficiary. This assumes your charity is big enough to be set up to do this. I don't know how it would work if you wanted one trust with more...
by brianplycatu
Sat Aug 29, 2015 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Do you currently know who the beneficiary or beneficiaries would be? Have you talked to them about their preferences? They may prefer to receive the inheritance as a lump sum to set up their own internal fund for some purpose. This may not fit with your desire for the Brian's Memorial Scholarships,...
by brianplycatu
Sat Aug 29, 2015 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

As I pointed out above, you can accomplish every objective you've mentioned with a donor advised fund. Talk with them about it. Gill Thanks Gill I guess I will need to do more homework. I did not understand when you mentioned it before but it might be exactly what I want. The attorney didn't mentio...
by brianplycatu
Sat Aug 29, 2015 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

How much money are we talking about? At one time 4,340,000 plus 200k for the house. Now 4,176,000 plus the house. 36/64 stocks bonds. Withdrawl one percent. My goal is to live ten more years and leave 6,000,000. If I had a huge pot like the giant foundations I could afford a team of employees but I...
by brianplycatu
Sat Aug 29, 2015 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

Perhaps you could set up an endowment fund at a specific charity, such as a university or hospital. That fund could have stipulations on how the money could be spent. Thanks. I will investigate that possibility. I am embarrassed to say that I wanted my name on a charitable trust but I am not a Gate...
by brianplycatu
Sat Aug 29, 2015 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

I guess I need to restate the query as two problems. One) Seeking an honest executor ( honest fox that will not rob the hen house ) Two) Co trustee ( power of attorney ) over a Vanguard Trust Fund after death. A beneficiary account would defeat both these obstacles.
by brianplycatu
Sat Aug 29, 2015 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Re: Charatable trust after death

First of all, get an attorney who knows this field of law. An executor's role is normally not to steal from the estate. Consider a donor advised fund with Vanguard or Fidelity. By using an endowed plan upon your death this can continue on for charity. Gill The sign under the attorney's name indicat...
by brianplycatu
Sat Aug 29, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3465

Charatable trust after death

I recently visited an attorney regarding my idea to form a trust devoted to charity after my death. My thought is that a portfolio inside a trust lasting fifty years would grow and produce a greater affect than a one time lump sum donation after death. The attorney's words were sobering. He indicate...
by brianplycatu
Sat Aug 29, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs
Replies: 22
Views: 2374

Re: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs

Many years ago John Templeton advised an investor to buy the market segment that is out of favor. I over weighted VDE at $114 and then at $101 before I surrendered. I am underweight health. I am overweight emerging markets. I keep catching falling knives but my portfolio is a legacy one and my manag...
by brianplycatu
Sat Aug 29, 2015 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs
Replies: 22
Views: 2374

Re: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs

Sadly, I am a recovering slice and dicer. I favored small value over small growth and we know the success of that strategy. I believed in low PE's and low PB's. I believed regression to the mean would eventually favor Japanese stocks.............still waiting waiting waiting. I am sick of it all. A...
by brianplycatu
Sat Aug 29, 2015 3:10 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't the 3 fund portfolio have TIPS?
Replies: 38
Views: 3751

Re: Why doesn't the 3 fund portfolio have TIPS?

I think I remember that Larry Swedroe had mentioned a long time ago that when the yield on an intermediate to long term Tips bond descends lower than 3% a short term treasury bond would offer inflation protection and be a better choice. He did not say this but if one chooses a short term bond for a ...
by brianplycatu
Sat Aug 29, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 20136

Re: Bogle: retirees should focus on dividends

I like dividends so much that I purchased EWA ( Australia ). The SEC yield is 4% and a low PE ratio. However the ETF price dropped about ten percent immediately after I purchased shares. So now I will pay income tax on the dividend after the asset loss. If I desired a dividend I think I would either...
by brianplycatu
Sat Aug 29, 2015 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs
Replies: 22
Views: 2374

Re: slice 'n dice- achieving low correlation /w Vanguard equity/REIT ETFs

Sadly, I am a recovering slice and dicer. I favored small value over small growth and we know the success of that strategy. I believed in low PE's and low PB's. I believed regression to the mean would eventually favor Japanese stocks.............still waiting waiting waiting. I am sick of it all. Al...
by brianplycatu
Tue Dec 10, 2013 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: limit order price
Replies: 2
Views: 305

Re: limit order price

That can happen on a sell order, but not on a buy order. My limit orders generally are good only for the day I place them, but you can certainly choose "good until cancelled" if you wish. Thanks pshonore. I have always placed orders during trading hours but cannot be home tomorrow so I wi...
by brianplycatu
Tue Dec 10, 2013 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: limit order price
Replies: 2
Views: 305

limit order price

If I place a limit order for $39 after the market has closed Tuesday and the market opens on Wednesday at $40 will my trade be executed at $40? My understanding is it wouldn't but I thought a boglehead said earlier that he/she somehow received an executed price higher than limit order. I don't under...
by brianplycatu
Mon Jul 08, 2013 1:54 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on adding Vanguard Precious Metals and Mining Fund
Replies: 44
Views: 11166

Re: Thoughts on adding Vanguard Precious Metals and Mining F

This fund is wonderful. I use it for tax loss harvesting and so far I have offset a good chunk of this year's realized stock gains and hope to extend into 2014. I sell it then buy GTX which is down 30% from when I purchased it. Traders should pay me as a reverse barometer.
by brianplycatu
Mon Jul 08, 2013 1:09 pm
Forum: Investing - Theory, News & General
Topic: My Take on Gold
Replies: 213
Views: 24719

Re: My Take on Gold

HardKnocker wrote:Diamonds are more easily carried when you flee the Nazis to Switzerland. Gold is darn heavy.


ha ha or a Nazi fleeing to South America. Laurence Oliver 9X, "Is it safe?" Dustin Hoffman, "Yeooooooow!"
by brianplycatu
Mon Jul 08, 2013 12:55 pm
Forum: Investing - Theory, News & General
Topic: Invest like a chicken
Replies: 16
Views: 2377

Re: Invest like a chicken

As Napoleon Dynamite would ask, do the chickens have large talons? Sorry Rick I could not resist, that's the first thing that came to my mind! Good article, thanks for sharing. Jay That is a very funny quote Jay. Thanks. I remember the response uttered by the repulsive farmer was something like, &q...
by brianplycatu
Tue Jun 18, 2013 12:14 am
Forum: Investing - Theory, News & General
Topic: Bond Funds Tanking
Replies: 99
Views: 9551

Re: Bond Funds Tanking

Kevin M. Your ideas and computations are very interesting to me. All bonds are too expensive for me but I am not certain where CA tax exempt and Tips fit in. Would you perform the same comparison as you did with the CD risk/reward if you decided to unload? I am barely in the 15% fed and 9% state so...
by brianplycatu
Mon Jun 17, 2013 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

OP referred to traders on "the floor." I'll take that to mean the floor of exchanges, including those whose floors are virtual, but I'll also comment on unlisted stocks. As noted upthread there are at least two types of floor traders: individuals trading their own accounts; and institutio...
by brianplycatu
Sun Jun 16, 2013 3:30 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's " The Right Financial Plan"--A Gem
Replies: 54
Views: 15729

Re:

But the radiation will kill you before you can cash them in. Exactly. Adrian anenu@tampabay.rr.com I disagree. I think most of the population would commit suicide instead of enduring the painful death of radiation poisoning. If the world stock markets lost 100% of value would viable governments eve...
by brianplycatu
Sat Jun 15, 2013 6:57 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds Tanking
Replies: 99
Views: 9551

Re: Bond Funds Tanking

As an example of forum members participating in these discussions for the first time, I received this in a PM from a member participating in this thread (edited and posted here with permission): Where do you look for your CD's ? bankrate.com any good ? What kind of rates can you find today ? As men...
by brianplycatu
Sat Jun 15, 2013 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: question about barbell
Replies: 8
Views: 1145

Re: question about barbell

I followed a recommendation posted by I think GROK which suggested a barbell approach. Doing research I learned that a combination of short term and long term bonds with the same duration do not perform ( pre-tax ) the same as an intermediate term bond. I did this to save taxes by over weighting LT...
by brianplycatu
Sat Jun 15, 2013 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: question about barbell
Replies: 8
Views: 1145

Re: question about barbell

Yup. Long term can be shorter than you expect. By the way, the extreme barbell play in taxable is EDV (zero coupon Treasuries) but it's not for the faint of heart. Avg duration is 26 years. Ogd, You read my mind. I purchased EDV about a month ago because I perceived that the herd was panicking. I a...
by brianplycatu
Fri Jun 14, 2013 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

The Profitability of Day Traders Author(s): Douglas J. Jordan and J. David Diltz Source: Financial Analysts Journal, Vol. 59, No. 6 (Nov. - Dec., 2003), pp. 85-94 ...On average, traders lost money as measured by either methodology (-$748 in the trade-matching methodology versus -$7,903 in the flat-...
by brianplycatu
Fri Jun 14, 2013 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

Put simply on each trade a winner and loser exist. No? No, its not zero sum. You can sell a stock to me with a profit (for you) and someone can buy it from me with a profit. (for me) (someone can also be short your losing long trade) ...at the end of the day trading is just a math equation. I make ...
by brianplycatu
Thu Jun 13, 2013 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: question about barbell
Replies: 8
Views: 1145

Re: question about barbell

This sounds alright to me. LT bond funds are often less long term than they sound, and in this case they're probably not enough to offset the ST tilt. You can increase the amount until you hit your desired duration. A significant difference in %LT vs total bond market is something you chose to have...
by brianplycatu
Thu Jun 13, 2013 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

You have to have some sort of edge. I made money trading, although I never messed around with day trading, for me it was more like weeks to months on most trades. If you go head to head with the big boys on their territory without some kind of advantage you're going to get killed. I stuck to smalle...
by brianplycatu
Thu Jun 13, 2013 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

Money exchanges hands - from your hand to theirs. That is called the reallocation of your hard-earned savings. Stick with index funds, you spend less money, of course, they aren't too happy about it when their commission gets squeezed. Grt2bOutdoors, Yes I have since 1992. However I confess envy wh...
by brianplycatu
Thu Jun 13, 2013 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do traders make money?
Replies: 37
Views: 3702

Re: How do traders make money?

Are their numbers replenished by new traders? If you meant traders who go bust are replaced by new traders? Yes, most of these locals lease seat on the exchanges on per month basis. So their place is taken by the new traders. There are only fixed number of members on these exchanges, so basically t...