Search found 185 matches

by delrinson
Sat Aug 18, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 22
Views: 1825

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

Extremely thoughtful and helpful response...thanks so much! I can relate to your thought process. I've got three very old policies and have done the same exercise yearly since my mid 50's (62 now). Based on my policies (2 small whole life, 1 mid-sized universal life) and my needs, I've been doing yo...
by delrinson
Sat Aug 18, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 22
Views: 1825

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

Yes, I was struck by the wisdom of DetroitRick's advice...and to his I would add yours and perhaps a couple of others. Thank you. Our NML policies have been wonderfully flexible tools over the years and I have no doubt that they will continue to be such. I would listen to DetroitRick's advice if I w...
by delrinson
Thu Aug 16, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 22
Views: 1825

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

David Jay wrote:
Thu Aug 16, 2018 8:26 am
Hard to give useful advice because "permanent" covers a lot of ground these days. What specifically do you hold? Are both policies traditional whole life? Or are they some other variant?
One is whole life, a Northwestern Select 100 policy; the other is Northwestern variable policy.
by delrinson
Thu Aug 16, 2018 7:03 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 22
Views: 1825

How Best to Utilize Permanent Life Insurance Upon Retirement

In my mid 50's, hoping to be able to retire at 65. Part of my portfolio consists of two permanent life insurance policies. For the purposes of asset allocation, I regard them as fixed income (as that's how the underlying assets are invested). As a round number, their combined cash value will be abou...
by delrinson
Fri Jul 13, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1369

Re: Treasury Bond Yielding 9%

When settling my father's estate a while back, one of his holdings caught my eye: a treasury bond paying 9%. It matured in 2020 I think...not sure when the inception date was. The most recently issued Treasury Bond with an interest rate of at least 9.00% was issued 11/22/1988 and matures 11/15/2018...
by delrinson
Fri Jul 13, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1369

Treasury Bond Yielding 9%

When settling my father's estate a while back, one of his holdings caught my eye: a treasury bond paying 9%. It matured in 2020 I think...not sure when the inception date was. But it got me thinking...what must an investment environment be like for one to do anything other than putting ALL of one's ...
by delrinson
Wed Jun 27, 2018 4:35 am
Forum: Investing - Help with Personal Investments
Topic: CD rates--what to do?
Replies: 45
Views: 6725

Re: CD rates--what to do?

aadwen wrote:
Tue Jun 26, 2018 11:28 pm
i found a 2.7 @ 13 months
Where?
by delrinson
Sat Jun 16, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Should fixed income allocation necessarily change over the years?
Replies: 11
Views: 799

Re: Should fixed income allocation necessarily change over the years?

cherijoh wrote:
Sat Jun 16, 2018 10:32 am
How many years of living expenses do you currently have in fixed income?
About five years.
by delrinson
Sat Jun 16, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Should fixed income allocation necessarily change over the years?
Replies: 11
Views: 799

Should fixed income allocation necessarily change over the years?

I'm in my late 50s and hope to retire, or at least be able to retire, when I'm 65. After a couple of years of reading and reflecting and fiddling, I arrived at an asset allocation with which I'm perfectly comfortable: 30% Fixed Income 35% US Equity 15% International Equity 10% US REIT 10% Berkshire ...
by delrinson
Thu Jun 14, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: 25 month CD at 3%
Replies: 5
Views: 2208

Re: 25 month CD at 3%

EvelynTroy wrote:
Thu Jun 14, 2018 5:29 pm
Membership to purchase CD's is restricted -
Membership is open to those who live or work in Rhode Island, or in nearby communities in Massachusetts or Connecticut.

Evelyn
Good catch. Where do you see that on the web site? I'm having trouble finding it.
by delrinson
Thu Jun 14, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: 25 month CD at 3%
Replies: 5
Views: 2208

25 month CD at 3%

Pawtucket Credit Union (pcu.org) is offering a 25 month CD at 3%. Best I've seen, thought I'd pass it on.
by delrinson
Thu May 31, 2018 6:59 am
Forum: Investing - Help with Personal Investments
Topic: Relationship between Living Off of Dividends and Maximizing Yield
Replies: 13
Views: 1115

Re: Relationship between Living Off of Dividends and Maximizing Yield

People do many things from a behavioral standpoint or in other words they play mental games. It just the way humans are. It seems that you would not care if your corporate bond fund had a drop in NAV at all as long as the monthly dividend didn't drop. That's basically what you wrote. In other words...
by delrinson
Thu May 31, 2018 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Relationship between Living Off of Dividends and Maximizing Yield
Replies: 13
Views: 1115

Re: Relationship between Living Off of Dividends and Maximizing Yield

Of course I'm happy to have a bit of a corporate tilt anyway...in agreement with Mr. Bogle.
by delrinson
Thu May 31, 2018 5:59 am
Forum: Investing - Help with Personal Investments
Topic: Relationship between Living Off of Dividends and Maximizing Yield
Replies: 13
Views: 1115

Relationship between Living Off of Dividends and Maximizing Yield

I wonder if you fellow Bogleheads could help clarify something for me... I understand that, for any investment, the main consideration is TOTAL RETURN. I further understand that there's nothing magical or even inherently desirable about dividends...whether earnings are entirely retained or to some d...
by delrinson
Sat Apr 14, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: How volatile could REITs be going forward?
Replies: 7
Views: 1062

How volatile could REITs be going forward?

My AA is 15% REIT; my position is VNQ (Vanguard Domestic REIT index). Comfortable with that based on everything I've read (thought it may be a bit too high). I understand that, while REITs have bond-like qualities, they need to be considered equity even though the consensus seems to be that they are...
by delrinson
Sat Apr 07, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 4146

Re: How do you estimate your home's market value?

My thought is that, since our home is roughly 25-30% of our net worth, it's a good idea to have a rough sense of its current market value. I'm happy to replace the word "need" with "desire." As our home is a marketable asset which will eventually be sold, I need to assign some sort of value to it. I...
by delrinson
Sat Apr 07, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 4146

Re: How do you estimate your home's market value?

As our home is a marketable asset which will eventually be sold, ... to fund the next house? Honestly I always plan to own a home so I have never cared what my home's value is unless I am using it to pay for the next one. It might be a concern for my children someday. Yes. When we sell the current ...
by delrinson
Sat Apr 07, 2018 6:02 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 4146

How do you estimate your home's market value?

As our home is a marketable asset which will eventually be sold, I need to assign some sort of value to it. I had been working off the bank appraisal that was done for our HELOC two years ago....until I learned that, the financial crisis notwithstanding, such appraisals are still very unreliable (in...
by delrinson
Sat Mar 31, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: The Dilemma Posed by High Expenses in 403(b) Plan
Replies: 5
Views: 491

Re: The Dilemma Posed by High Expenses in 403(b) Plan

How much do you have in the account? If 0.72 ER corresponds to a high amount over 3 years, then I would stick with S&P 500; otherwise, I would stick with the desired AA. About $100,000 and contributing $1500 a month. If I assume 5% rate of return, that's about $165,000 in three years. So let's call...
by delrinson
Sat Mar 31, 2018 6:37 am
Forum: Investing - Help with Personal Investments
Topic: The Dilemma Posed by High Expenses in 403(b) Plan
Replies: 5
Views: 491

Re: The Dilemma Posed by High Expenses in 403(b) Plan

How much do you have in the account? If 0.72 ER corresponds to a high amount over 3 years, then I would stick with S&P 500; otherwise, I would stick with the desired AA. About $100,000 and contributing $1500 a month. If I assume 5% rate of return, that's about $165,000 in three years. So let's call...
by delrinson
Sat Mar 31, 2018 6:24 am
Forum: Investing - Help with Personal Investments
Topic: The Dilemma Posed by High Expenses in 403(b) Plan
Replies: 5
Views: 491

The Dilemma Posed by High Expenses in 403(b) Plan

Having become something of a low expense fanatic, I am irked by the high expenses of the investment options in my 403b plan. The only way for me currently to achieve my desired AA is to have the 403b invested entirely in international equities. But it's a fund of managed funds, with a total expense ...
by delrinson
Thu Mar 29, 2018 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?
Replies: 14
Views: 1485

Re: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?

Just re-read the bond basics wiki...amazing how divergent the advice is, all from well-respected folks...."the predominance of highly respected and conflicting advice" is the language employed. At the very least, I probably need to give more attention to government bonds, as unenthusiastic as I am a...
by delrinson
Thu Mar 29, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?
Replies: 14
Views: 1485

Re: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?

Marketman wrote:
Thu Mar 29, 2018 11:50 am
Just remember when you own corporate bonds you are lending to the same companies you own.
What is the significance of that?
by delrinson
Thu Mar 29, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?
Replies: 14
Views: 1485

Other than simplicity/convenience, what's the case to be made for a total bond portfolio?

For my fixed income allocation, I have some in a total bond portfolio. But I find that, as I add to it (which I'm doing to move toward my desired AA), I'm more inclined toward more targeted instruments...specifically short and intermediate term corporate bond ETFs. If I can have money at Ally making...
by delrinson
Thu Mar 29, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Savings Account Options for Non-Profit Organization
Replies: 4
Views: 899

Savings Account Options for Non-Profit Organization

What are the best savings account choices for a 501(c)3 organization? Apparently Ally, for example, which currently pays 1.45%, won't open accounts for businesses. Best I've been able to find so far is Capital One Spark, which is 1.5% for a year but then goes to 0.4%.

Any other options?
by delrinson
Wed Mar 21, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: My plan to focus on short and intermediate corporate bonds
Replies: 8
Views: 634

Re: My plan to focus on short and intermediate corporate bonds

Another factor....when we sell the house, we will almost certainly buy another for a significantly lower price (due to size and region of country). So, we will have a bunch of leftover cash from the sale of the house and will be able to "fine tune" our fixed income investments at that time.
by delrinson
Wed Mar 21, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: My plan to focus on short and intermediate corporate bonds
Replies: 8
Views: 634

Re: My plan to focus on short and intermediate corporate bonds

Triceratop, those return comparisons are illuminating...thanks!
by delrinson
Wed Mar 21, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: My plan to focus on short and intermediate corporate bonds
Replies: 8
Views: 634

Re: My plan to focus on short and intermediate corporate bonds

Yes, I realize that there is a sense in which floors and ceilings are at odds with the concept of an AA. But I have trouble being dissuaded from the idea that some sort of a safe floor is prudent. My $500k number is currently a very rough estimate. There will be much greater clarity when we retire, ...
by delrinson
Wed Mar 21, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: My plan to focus on short and intermediate corporate bonds
Replies: 8
Views: 634

My plan to focus on short and intermediate corporate bonds

I am eight years away from retirement and underallocated in fixed income. Currently 19% of assets, I would like fixed income to be at 25% ASAP, maybe 30% when I retire. Between new investments and rebalancing, I should be in good shape. Along with the AA goal, I would like to have a floor in terms o...
by delrinson
Fri Mar 16, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: What to make of different SEC yields between VCIT and SPIB
Replies: 2
Views: 246

Re: What to make of different SEC yields between VCIT and SPIB

Both of them track indexes...but perhaps the indexes are different? Or the ETFs sample differently? In any event, it looks like the average maturity of VCIT is (6.5 vs. 5)s higher so that would account for the higher yield. So in that sense I guess they are different products. As I look more closely...
by delrinson
Fri Mar 16, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: What to make of different SEC yields between VCIT and SPIB
Replies: 2
Views: 246

What to make of different SEC yields between VCIT and SPIB

I'm carving out some space in my portfolio for intermediate corporate bonds. I'm most attracted to: VCIT Vanguard Intermediate-Term Corporate Bond ETF But, at Ameritrade, I get charged a commission, so I'd only want to do large blocks. Also of interest is: SPIB SPDR Portfolio Intermediate Term Corpo...
by delrinson
Tue Mar 13, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for an 8 Year Horizon
Replies: 5
Views: 805

Re: Investing for an 8 Year Horizon

Although, as I think about it, maybe intermediate bonds would be a good choice if they were earmarked more for later in that period of early retirement.
by delrinson
Tue Mar 13, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for an 8 Year Horizon
Replies: 5
Views: 805

Re: Investing for an 8 Year Horizon

My current AA consists of: Cash/Bonds 20% Domestic Equity 40% Int'l Equity 15% Domestic REIT 15% Berkshire Hathaway 10% As I say, I'm perfectly comfortable with that AA. But, hopefully in a way not inconsistent with a commitment to my AA, I would like significantly to augment cash and cash equivalen...
by delrinson
Tue Mar 13, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for an 8 Year Horizon
Replies: 5
Views: 805

Investing for an 8 Year Horizon

I have an asset allocation model that I'm content with. But in addition to my AA, I would like to have a certain amount in cash and fixed income securities eight years from now. At or around that time, we will sell our house, relocate and buy another one without a mortgage, and would like to have en...
by delrinson
Sat Feb 24, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Firecalc Start Date
Replies: 2
Views: 500

Firecalc Start Date

Like many Bogleheads, I enjoy playing around with Firecalc from time to time. It's helped confirm my suspicion that we should be in pretty good shape. One question: is it prudent to leave the start date at 1871 to capture all data sets? Or has enough changed in financial markets over the last 147 ye...
by delrinson
Thu Feb 22, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Minimum Holding Period for Short Term Corporate Bond ETF
Replies: 4
Views: 361

Re: Minimum Holding Period for Short Term Corporate Bond ETF

As to what it's for, it's just a slightly riskier bucket than the savings account. There's a very low likelihood that I will ever need to touch it...yet possible, so glad to have it as a backstop of sorts.
by delrinson
Thu Feb 22, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Minimum Holding Period for Short Term Corporate Bond ETF
Replies: 4
Views: 361

Minimum Holding Period for Short Term Corporate Bond ETF

We have our short-term money in two places: Ally Savings and two short-term corporate bond ETFs, SPSB (State Street) and VCSH (Vanguard), with monthly dividends reinvested. Altogether it's about $70,000, but I didn't want to have that much earning only 1.45% at Ally, thus the corporate bonds. As a g...
by delrinson
Fri Feb 16, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 34
Views: 4257

Re: Should I sell some of my Berkshire stock

I will add that we bought the bulk of our shares in the Fall of 1999. Annualized return is about 10% over 18 years. S&P 500 over same period, all dividends reinvested, is just under 6.2%. So, yeah, glad to be a Berkshire owner.
by delrinson
Thu Feb 15, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 34
Views: 4257

Re: Should I sell some of my Berkshire stock

Stumbled upon this thread....we are 10% BRK.B (everything else in indices) and our cost basis for our remaining shares (sold a fair amount recently) is about $40...we've been shareholders for about 20 years. If we were to sell, our only tax liability would be at the state level (we're in the 12% fed...
by delrinson
Fri Feb 02, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Factors that Mitigate the Need for Emergency Fund
Replies: 17
Views: 1489

Re: Factors that Mitigate the Need for Emergency Fund

For good or ill, I count all cash and bonds as part of the same segment of my AA and it's 20%....and I'm not terribly precise as to how much is cash, how much diversified bond, and how much short bond.
by delrinson
Fri Feb 02, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Factors that Mitigate the Need for Emergency Fund
Replies: 17
Views: 1489

Factors that Mitigate the Need for Emergency Fund

For many years, we never had an emergency fund of any kind...just hated the idea of cash lying around not doing much of anything. That's changed over the last several years and we now have a mix of cash (Ally savings) and short term bond ETFs totaling about $70,000, about six months worth of expense...
by delrinson
Sun Jan 28, 2018 5:23 am
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1623

Re: Looking for something with slightly higher yield/risk than online savings

I may do a large chunk ($20,000) of VCSH Vanguard short corporate bond ETF and then add to SPSB incrementally.
by delrinson
Sun Jan 28, 2018 5:05 am
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1623

Re: Looking for something with slightly higher yield/risk than online savings

My guess is after taking into account taxes and the chance of loss in a bond fund, the benefit you'll get from doing this isn't worth the time taken to think about it. How much money are we talking about? Treasury Direct. You can buy Tbills, Notes, Bonds, TIPS with zero expenses. Hold to maturity a...
by delrinson
Sun Jan 28, 2018 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1623

Re: Looking for something with slightly higher yield/risk than online savings

As I say, I would do Vanguard but I want to avoid the commissions and I plan to do things incrementally...a little here, a little there. Ameritrade, in their wisdom and beneficence, removed Vanguard ETFs from their commission-free roster. But I could see doing a Vanguard ETF as a large chunk...just...
by delrinson
Sat Jan 27, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1623

Re: Looking for something with slightly higher yield/risk than online savings

As I say, I would do Vanguard but I want to avoid the commissions and I plan to do things incrementally...a little here, a little there. Ameritrade, in their wisdom and beneficence, removed Vanguard ETFs from their commission-free roster. But I could see doing a Vanguard ETF as a large chunk...just ...
by delrinson
Sat Jan 27, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1623

Looking for something with slightly higher yield/risk than online savings

My safest bucket is an online savings account at Ally. I'd like to start filling another bucket to get a bit more yield with a bit more risk, yet still very safe. My broker is Ameritrade, so ideally I'd like it to be one of their commission ETFs so that I can add incrementally without worrying about...
by delrinson
Thu Jan 25, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: How important to maximize tax-advantaged space in my particular case?
Replies: 15
Views: 1118

Re: How important to maximize tax-advantaged space in my particular case?

Good catch...thanks. So $1000 vs. $1160, 5% return over 20 years, would be $2653 vs. $3077. Takes a big bite out of the tax differential...looks like it ends up being close to a wash. Here's what I get: Assume Total Stock Market fund, with 2% annual dividend, of which 95% is qualified. Starting $10...
by delrinson
Thu Jan 25, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Live Oak Bank - anyone have experience?
Replies: 10
Views: 1570

Re: Live Oak Bank - anyone have experience?

One of my coworkers just opened an account. Currently 1.6%...compared to 1.35% at Ally. Looks legit, but no first-hand experience.
by delrinson
Thu Jan 25, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: How important to maximize tax-advantaged space in my particular case?
Replies: 15
Views: 1118

Re: How important to maximize tax-advantaged space in my particular case?

One more factor to consider is diversification of account types. If 90% of your funds are in taxable and 10% are in retirement accounts then more retirement account contributions would give you better diversification. If the numbers are reversed then you would get less diversification. If I were to...