Search found 46 matches

by keanoz
Fri Aug 09, 2019 4:48 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 295210

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Just jumped into ntsx because I only have a taxable. Thanks for the info Why can't you do upro/tmf 40/60? I am doing the same I'm taxable in M1...? Why is ntsx better than upro/tmf? I was going to do that but most people seem to agree that the tax burden to re balance quarterly would be a burden. T...
by keanoz
Fri Aug 09, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 295210

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Just jumped into ntsx because I only have a taxable. Thanks for the info
by keanoz
Sun Feb 10, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: Upgrade from Bose 301
Replies: 44
Views: 2790

Re: Upgrade from Bose 301

Take that money burning a hole in your pocket and put it in a CD or something. The 301s are fine. I'll keep mine till I die. Very good advice I’ll probably wind up following. I did rerun my Sony’s calibration and it did set my speakers somewhat appropriately. I had to make a few tweaks. With my new...
by keanoz
Fri Feb 08, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Upgrade from Bose 301
Replies: 44
Views: 2790

Re: Upgrade from Bose 301

Elacs would be the best for that price
by keanoz
Sun Jul 09, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Special Needs Trust - what should a trustee not do?
Replies: 20
Views: 2235

Re: Special Needs Trust - what should a trustee not do?

While I had an irrevocable trust, I was eligible to get benefits. So I am guessing that is what you are looking for. Just know, after terminating the trust, I had to pay some amount back (for therapy the government payed for and some months my account went over the limit for how much cash I could ho...
by keanoz
Fri Jun 30, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 91
Views: 27372

Re: Switching to Fidelity's new Total International Index (includes small cap!)

It's definitely worth discussing. It's pretty important to know what transactions can be made, and which will be stopped (especially if you are making exchanges in multiple accounts, and need all exchanges to execute to maintain asset allocation). We know that the $100k figure has some significance...
by keanoz
Sat Jun 24, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 9091

Re: Bay Area housing

It's a lateral move, so what's the issue? You'll pay more for re taxes. I would think the California real estate bubble will have to pop sooner or later. Everyone is saying it's different this time....lol. Funny how so many people here seem to be split on whether we are in a bubble or not. To me, t...
by keanoz
Wed Jan 25, 2017 11:11 am
Forum: US Chapters
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 16466

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy birthday!
by keanoz
Sun Oct 30, 2016 7:07 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

First, sorry for not posting back sooner, but I have been very busy with school. Also, while I know international stock provides diversification, what is the point? The return looks bad and they seem to be riskier? Also, I understand what your saying about risk tolerance. I will just try to keep to...
by keanoz
Fri Oct 28, 2016 10:17 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Your allocation is fine. 90% stocks is a good allocation for a young person. I recommend 20% to 50% of your stocks to be International. As a young investor, I was very risk averse. In October 1987, the stock market crashed and I suffered losses of hundreds of dollars. Emotionally, it may as well ha...
by keanoz
Mon Oct 24, 2016 10:28 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Whoops! Do you know what your capital gains tax bill will be? I would get that figured out before just liquidating funds. Total account said 94k in gains so 14K ish I think? Okay, just so you know what you are paying in capital gains taxes. My current IPs Investment Philosophy:Buy and hold for the ...
by keanoz
Mon Oct 24, 2016 3:34 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Will do! Ill be back once the funds are liquidated (just sent a letter to tell the bank to do so). Also, where should I get a advisor? I heard napfa is good? Whoops! Do you know what your capital gains tax bill will be? I would get that figured out before just liquidating funds. Total account said ...
by keanoz
Fri Oct 21, 2016 5:31 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Hello Keanoz, I've much enjoyed reading through this thread. I'm not learned, but my take is that a few of these folks helping you are most knowledgeable. Maybe even a fiduciary's fiduciary. Have you thought about sharing this thread with your Dad? And congratulations on your youthful wisdom seekin...
by keanoz
Thu Oct 20, 2016 12:09 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Will do! Ill be back once the funds are liquidated (just sent a letter to tell the bank to do so). Also, where should I get a advisor? I heard napfa is good? Whoops! Do you know what your capital gains tax bill will be? I would get that figured out before just liquidating funds. Maybe Im being naiv...
by keanoz
Thu Oct 20, 2016 12:07 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Will do! Ill be back once the funds are liquidated (just sent a letter to tell the bank to do so). Also, where should I get a advisor? I heard napfa is good? Whoops! Do you know what your capital gains tax bill will be? I would get that figured out before just liquidating funds. Total account said ...
by keanoz
Wed Oct 19, 2016 7:37 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

I think Fidelity is a good choice. Check into their Fidelity Go service, where the all-in fees of management fees plus fund expense ratios will likely be cheaper than Vanguard. As I understand it, it is a combination of humans and robots and the service uses index funds. If I turned over my retirem...
by keanoz
Mon Oct 17, 2016 10:00 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

In terms of getting a trust, I figured it would be good to have one in case. Anyway, I went to fidelity and spoke with a adviser and honestly, she didn't say much, but I opened a account because I need a place to put the funds and I think fidelity will better suit me. As I mentioned prior, talking ...
by keanoz
Sun Oct 16, 2016 11:15 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

In terms of getting a trust, I figured it would be good to have one in case. Anyway, I went to fidelity and spoke with a adviser and honestly, she didn't say much, but I opened a account because I need a place to put the funds and I think fidelity will better suit me. As I mentioned prior, talking o...
by keanoz
Thu Oct 13, 2016 10:20 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Thanks guys. My dad actually liked this guy because both of my lawyers said he is trustworthy. However, after I pointed out these things, my dad agreed with me. Anyway, is there anything specific I should ask the vanguard and fidelity advisers. I figured I would ask what their overall plan for me wo...
by keanoz
Thu Oct 13, 2016 5:50 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Hey guys. So I just met with the adviser that my lawyer suggested and he left a sour taste in my mouth. First of all, I acknowledge I hay have been a little too critical so let me know what you guys think. Anyway here are the things that irked me. 1. I obviously asked for if he would sign a fiduciar...
by keanoz
Wed Oct 12, 2016 6:26 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Keanoz, I have been thinking about this a lot and this is the rare situation that the more I hear, the better I feel about the situation. Below are reasons that I have good feelings about what your parents, your attorney, and your financial advisor did. First, everything was structured so that you ...
by keanoz
Wed Oct 12, 2016 6:24 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Keanoz, I have been thinking about this a lot and this is the rare situation that the more I hear, the better I feel about the situation. Below are reasons that I have good feelings about what your parents, your attorney, and your financial advisor did. First, everything was structured so that you ...
by keanoz
Tue Oct 11, 2016 11:59 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

OP: Why dont you just call up Continental Assurance Company and ask what you have? Is it a structure settlement or a fixed annuity? Personally, I would want to know what I have and how stable it is going forward. You could ask about fee structure, moving it, etc. You do not have to do anything, but...
by keanoz
Tue Oct 11, 2016 11:52 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Thank you for all your help and your patience in trying to understand all of this. The 100k is part of the 550K. Also, just to be clear, you suggest going with vanguard insteasd of this advisor I am meeting on thursday. So shoould I just tell him I changed my mind? It just makes me uncomfortable to...
by keanoz
Tue Oct 11, 2016 11:50 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Off topic but: Have you considered that liability insurance is very important for you, because you could be the target for being sued (and all kinds of scams)? If you have a car, I would get the very highest liability available. I don't even know if an umbrella liability policy is available but wou...
by keanoz
Tue Oct 11, 2016 11:42 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Thank you for all your help and your patience in trying to understand all of this. The 100k is part of the 550K. Also, just to be clear, you suggest going with vanguard insteasd of this advisor I am meeting on thursday. So shoould I just tell him I changed my mind? It just makes me uncomfortable to...
by keanoz
Tue Oct 11, 2016 10:20 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

keanoz, "we" have made great progress in understanding your current position. Much is due to Ned and what he said. :happy After reading the entire discussion, it appears your original thoughts and plan are your best option. Now, on to your intended new portfolio. You said a company?? put your money...
by keanoz
Tue Oct 11, 2016 9:44 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Also, I should I was curious about the bonds my money is in and if I should wait for them mature or it it does not matter when I should sell them? It is generally better to wait until bonds mature, because they are probably higher interest than anything you can buy now, and because you would take a...
by keanoz
Tue Oct 11, 2016 12:07 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

It does sound like you had a SPIA (single premium immediate annuity) and a SPDA (single premium deferred annuity) which have served you well, both for safety and at a better guaranteed price than one could get now. The money has been converted to the annuity payments, so that is done and probably c...
by keanoz
Mon Oct 10, 2016 10:28 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Keanoz, I believe you have a structured settlement which is a type of fixed annuity that is common with personal injury claims. The insurance company who issued the policy would underwrite the applicant and could potentially rate them as being older than their actual age due to their injury, theref...
by keanoz
Mon Oct 10, 2016 9:20 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

This was the laywer that helped set up the trust I HAD (http://www.fagellaw.com), which I got rid due to issues with the trustees. I wish I could tell you the name of the exact annuity But for know I dont have documents with such name. It sounds like the annuities are all set up, one is paying and ...
by keanoz
Mon Oct 10, 2016 8:34 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Thank you. We are getting somewhere. Are these within the annuity? Or are these in a taxable account? Taxable account Okay. It looks to me that the $2K a month you have been getting from the annuity has been put into this taxable account and not spent. Is that right? You have gotten $360,000 or the...
by keanoz
Mon Oct 10, 2016 8:27 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Also the money is currently in- Dodge and cox fund-63k meridian fund #75-18k S&P index fund 79k T rowe growth stock fund FD-20k T rowe price value fund-13.5k Vanguard Equity income fund #65-40k Vanguard 500 index fund-45.5k Harbor international fund #11-12.5k OakMark International Fund Class I-18k ...
by keanoz
Mon Oct 10, 2016 8:23 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

The provider is continental assurance company but there is no name of the specific annuity. They were purchased for 750k and that 750k is gone in place of 2k a month compounded annually Okay. What are the balances of Annuity 1 and Annuity 2? Do these annuities grow at a fixed rate or do you have mu...
by keanoz
Mon Oct 10, 2016 8:21 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Also the money is currently in- Dodge and cox fund-63k meridian fund #75-18k S&P index fund 79k T rowe growth stock fund FD-20k T rowe price value fund-13.5k Vanguard Equity income fund #65-40k Vanguard 500 index fund-45.5k Harbor international fund #11-12.5k OakMark International Fund Class I-18k ...
by keanoz
Mon Oct 10, 2016 8:21 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

The provider is continental assurance company but there is no name of the specific annuity. They were purchased for 750k and that 750k is gone in place of 2k a month compounded annually Okay. What are the balances of Annuity 1 and Annuity 2? Do these annuities grow at a fixed rate or do you have mu...
by keanoz
Mon Oct 10, 2016 8:18 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Boglefeet, we don't even know what the 20 year old original poster owns. We don't know the circumstances of his settlements or any of the reasoning that the attorney and his parents used in making their selections. I suppose the choice of two annuities were not the most optional solution but that i...
by keanoz
Mon Oct 10, 2016 8:12 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Also the money is currently in- Dodge and cox fund-63k meridian fund #75-18k S&P index fund 79k T rowe growth stock fund FD-20k T rowe price value fund-13.5k Vanguard Equity income fund #65-40k Vanguard 500 index fund-45.5k Harbor international fund #11-12.5k OakMark International Fund Class I-18k F...
by keanoz
Mon Oct 10, 2016 8:00 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

[ I think there's a bit of a disconnect b/w you and some posters. It sounds like you have $550K in various investments outside of the annuities, plus two lifetime annuity income streams. Your plan is to keep the annuities, and you're asking about A) how to invest the $550K and the future annuity in...
by keanoz
Mon Oct 10, 2016 7:50 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

ok, I think I will just stick with it because getting an investment to clear 5k a month would be kind of hard. Do you guys have any input on my general plan which is to put the try to put the entire annuity money each month into the three fund portfolio for the next 30ish years (aside from the two ...
by keanoz
Mon Oct 10, 2016 7:46 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

750K out of 850K into annuities??? My God! Just horrific, shameful advice. Obviously these were commission-hungry salesmen who did this. They gave 750K of your money what is now a 40 year prison sentence, while probably pocketing about 75K in commissions! Anyway you're young enough to consider payi...
by keanoz
Mon Oct 10, 2016 2:13 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

received about 850k, in which they used 750k to purchase two annuities (2k a month starting at age 5 and 21, compounded 3% annually ) and left 100k in a bank account. For the last 15 years this account has been controlled by a company. However, this past summer I finally chose to part with said com...
by keanoz
Mon Oct 10, 2016 1:08 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

received about 850k, in which they used 750k to purchase two annuities (2k a month starting at age 5 and 21, compounded 3% annually ) and left 100k in a bank account. For the last 15 years this account has been controlled by a company. However, this past summer I finally chose to part with said com...
by keanoz
Mon Oct 10, 2016 1:02 pm
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Re: Financial advice for a 20 year old

Apologies for not being clear. The 550k was grown over the last 15 years from the first annuity that started when I was 5 years old. The 750k is gone and was used to purchanse the two annuities from continental assurance company. I really don't know much about the financial advisory as he is being r...
by keanoz
Mon Oct 10, 2016 1:07 am
Forum: Personal Investments
Topic: Financial advice for a 20 year old
Replies: 94
Views: 10359

Financial advice for a 20 year old

HI, first time poster here. I am a 20 year old college student living in the bay area. I was born with a physical disability due to not being delivered on time. Tus, they sued the hospital and received about 850k, in which they used 750k to purchase two annuities (2k a month starting at age 5 and 21...