Search found 597 matches

by not4me
Fri Jul 12, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income ETF Liquidity questioned in Bloomberg Article
Replies: 9
Views: 777

Re: Fixed Income ETF Liquidity questioned in Bloomberg Article

https://finance.yahoo.com/news/panic-sales-rekindle-debate-over-090023104.html I see a few old threads on the topic of ETF liquidity but nothing recent. In my mind, the dilemma this poses isn’t bond Mutual Fund vs. ETF, but individual bonds vs bond funds. If a bond ETF were to fail, what advantage ...
by not4me
Wed Jul 10, 2019 2:11 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 2993

Re: VOO vs bonds

I assume that A or AA rated bonds are going to be okay. Not sure if I am correct. I am not an expert on bonds. I am assuming that AA rated bonds at 4% with 5 year maturity rate are much safer than VOO. If I am wrong please let me know because I bought a about $20,000 of them. can you clarify that i...
by not4me
Wed Jul 10, 2019 1:43 pm
Forum: Personal Investments
Topic: TLH With Gold?
Replies: 3
Views: 291

Re: TLH With Gold?

mainly giving this a bump...Gold would be considered a collectible & so if a gain, it is taxed differently. I'm not confident enough to give a blanket answer, but maybe someone that holds/has sold gold will see this. The loss COULD affect some other off-the-wall areas I'm not versed in
by not4me
Wed Jul 10, 2019 1:40 pm
Forum: Personal Investments
Topic: How to best unload shares?
Replies: 21
Views: 1037

Re: How to best unload shares?

The P& G website will have an investor relations page that will have the historical prices, splits, dividends amounts. As someone else posted, P& G may be able to just tell you. Else, I'm assuming that for these years the holder has been getting a 1099 to pay the tax on the dividend & if they still ...
by not4me
Wed Jul 10, 2019 1:35 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 2993

Re: VOO vs bonds

Sure. There are a bunch of 4%. There are even 7 and 8%. My broker friend said never take anything over 5% because the market is accounting for risk that the bond agencies are not. 983024AF7 WYETH LLC coupon rate 6.5% Rated AA 478160AF1 JOHNSON & JOHNSON Coupon Rate 6.7% Rated AAA 373298CF3 GEORGIA-...
by not4me
Wed Jul 10, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: unknown purchase price
Replies: 6
Views: 788

Re: unknown purchase price

If it turns out that these were dividend payers that re-invested dividends, remember to include that. By taking the number of shares now, you may be able to work back in time using stock split info to narrow the time frame when bought. Once upon a time, shares were usually bought in lots of 100 shar...
by not4me
Wed Jul 10, 2019 10:13 am
Forum: Personal Investments
Topic: DIY for UHNW
Replies: 55
Views: 6035

Re: DIY for UHNW

I can understand why very wealthy families would prefer the relative stability of an actively managed fund, even if it means losing about 2% of returns per year. Thanks for the update! In some cases, they may have used the portfolio as collateral for a loan...not that they need a loan, but it lever...
by not4me
Wed Jul 10, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: In-Laws are estate/Medicaid planning - need help
Replies: 24
Views: 2191

Re: In Laws are estate/Medicaid planning - need help

I agree with much of what has already been posted; sadly, this isn’t a unique situation. Having seen others make similar decisions, I can say that it isn’t always decided based on finances. I’ll throw out some considerations, but there’s really too much to untangle & too little info. To a degree, th...
by not4me
Sat Jun 29, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Siblings and Inherited Property
Replies: 53
Views: 6491

Re: Siblings and Inherited Property

Update on property: In the winter, two appraisals were completed, both came in at the same price $200,000. Both appraisals stated that they are making assumptions the septic and roof (snow covered at the time) are in fair condition. In early spring, a home inspection was completed. It showed that a...
by not4me
Sat Jun 29, 2019 9:19 am
Forum: Personal Investments
Topic: DIY for UHNW
Replies: 55
Views: 6035

Re: DIY for UHNW

Quick update in case anyone’s interested: I asked to see the actual returns of the family office I discussed with and the results are a lot less rosy than what they initially told me... I backtested a few Boglehead-like portfolios to compare the returns and, as crazy as it sounds, they outperformed...
by not4me
Sat Jun 29, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: Why do so many stocks in defensive sectors increase in value despite little to no improvements in fundamentals?
Replies: 25
Views: 2068

Re: Why do so many stocks in defensive sectors increase in value despite little to no improvements in fundamentals?

As I read the thread title, then opening post, then subsequent posts, it seems to me there are multiple questions getting twisted together. Not sure I get the real question/point, but had a thought or two that might re-frame the question. In the short-term, stock price is a function of demand/supply...
by not4me
Fri Jun 28, 2019 10:44 am
Forum: Personal Investments
Topic: Do municipal bond funds have different interest rate response than other bonds?
Replies: 2
Views: 447

Re: Do municipal bond funds have different interest rate response than other bonds?

I’ve been monitoring and comparing NAV changes in VGs intermediate term bond index (VBILX) and intermediate term tax-exempt (VWITX) over the past month as rates have fallen. It has been perplexing to me why, despite having similar average durations (and presumably similar interest rate risk ), the ...
by not4me
Thu Jun 27, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred compensation, thoughts?
Replies: 22
Views: 1758

Re: Deferred compensation, thoughts?

From what I know, these plans vary a good bit in ways that affect their usefulness. I recalled an anecdote from a few years back. I attended a social function & 3 friends/former co-workers told their experience. They had all left the same company/plan within the previous year or so. One, was glad th...
by not4me
Thu Jun 27, 2019 12:50 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

by Leif » Wed Jun 26, 2019 10:50 am Sandtrap wrote: ↑Wed Jun 26, 2019 12:24 am Why do correlations move closer to 1 in market downturns? I think the reason is that investors want to move to "safe" assets from "risk" assets. That generally means from stocks to bonds. That can effect most stocks at o...
by not4me
Thu Jun 27, 2019 12:31 pm
Forum: Personal Investments
Topic: I Inherited a Trust, Please Help Me Find A Trustee
Replies: 12
Views: 1682

Re: I Inherited a Trust, Please Help Me Find A Trustee

Several scattered thoughts, but 1st sorry for your loss & I appreciate you preferring your Dad over the trust. Find a credit union near one of the units & call them. Some credit unions have affiliations that can aggregate small customers into bigger. Ask for their ideas. Offer business if possible (...
by not4me
Wed Jun 26, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: Preferred Stocks?
Replies: 11
Views: 1387

Re: Preferred Stocks?

I have never invested in Preferred Stocks myself, had a (now deceased) friend who had Preferreds in a managed account. His comment was the yield was great but the price kept going down. This is a good caution regarding high yielding investments, part of that "yield" might be return of principal. On...
by not4me
Wed Jun 26, 2019 1:23 pm
Forum: Personal Investments
Topic: Are REIT Tax Penalties Worth The Benefits?
Replies: 3
Views: 756

Re: Are REIT Tax Penalties Worth The Benefits?

Hi, I have 10% of my portfolio in VNQ (Vanguard Real Estate ETF) as an alternative investment. I like the fact that real estate does not move in sync with the general market so it may offer some counter-balance to market cycles. The problem is I am holding VNQ in a taxable account. My understanding...
by not4me
Fri Jun 21, 2019 3:39 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

DW wants to run a test to see how the dividends match up to CAP rate if the equiv funds had been invested in another rental unit or more. So this is an interesting experiment we are doing. That should be an interesting experiment & certainly wise to not let the tax tail wag the dog. Before you get ...
by not4me
Thu Jun 20, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Estate help - multi states involved
Replies: 21
Views: 1280

Re: Estate help - multi states involved

What if executor of her estate liquidates the stock rather than transfers it in kind? Does "short" time between deaths affect the answer? No, all assets included in the estate have long term status. Gill Just to be clear, as I see I wasn't clear clear before....I'm not distinguishing between short ...
by not4me
Thu Jun 20, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Estate help - multi states involved
Replies: 21
Views: 1280

Re: Estate help - multi states involved

With a few exceptions such as IRAs, whatever she owned will get a basis step-up at her death, and whatever he owned will get a basis step-up at his death. Did her parents provide for her in a trust that's not included in her estate? Her parents might have done that to keep her inheritance out of he...
by not4me
Thu Jun 20, 2019 3:03 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

This is a good summary of the 3 streams, but at the risk of muddying the water I thought I'd add some detail. I really don't know if the percentages in the quoted post are valid & willing to assume they are. I do know these can vary a lot between individual reits & years as business dictates. To il...
by not4me
Wed Jun 19, 2019 1:01 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

Right now, I have about 10% of my total portfolio valuation in Vanguard REIT Admiral. That REIT value is similar to what I would have normally put into a smaller physical R/E income property such as a duplex or fourplex. I understand that Vanguard Total Stock also has a market weight in REIT's. So,...
by not4me
Mon Jun 17, 2019 5:56 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Mon Jun 17, 2019 4:52 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Mon Jun 17, 2019 3:11 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 15153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Fri Jun 14, 2019 2:48 pm
Forum: Personal Investments
Topic: DIY for UHNW
Replies: 55
Views: 6035

Re: DIY for UHNW

I think I would look into a "multi-family office" (MFO) to see if maybe that is a good solution. I researched the topic a little bit and it seems like https://www.northerntrust.com and https://www.bessemertrust.com have a great reputation. I’ll give them a call and see how I feel about it. This may...
by not4me
Thu Jun 06, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: REIT yields and real estate cap rates
Replies: 16
Views: 894

Re: REIT yields and real estate cap rates

I wonder why REIT yields are not higher. Vanguard's site says the dividend yield of VNQ is 3.64%. At CBRE I see cap rates for different kinds of real estate as follows: 6.34% Industrial 7.50% Retail 5.26% Multifamily 7.97% Hotel 6.71% Office If a typical cap rate on real estate is 6% why can't the ...
by not4me
Wed Jun 05, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 51
Views: 4653

Re: Being given charity that I don't need

I only skimmed other posts & didn't see this specific & hope not a duplicate. perhaps next time tell the owner that since they've been so generous with you that you'd like to pay for a few other customers meals. Give an amount you'd feel comfortable with & let the owner select who the lucky recipien...
by not4me
Tue Jun 04, 2019 3:04 pm
Forum: Personal Investments
Topic: Buying farmland shares through AcreTrader
Replies: 11
Views: 1361

Re: Buying farmland shares through AcreTrader

OP, I don't have any direct experience with this company, but did take a quick look at it. I didn't answer all my own questions as I found more than enough for me to pass it by. 1st, since this wasn't mentioned, it is currently only opened to accredited investors. That is usually a strong hint that ...
by not4me
Tue Jun 04, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: Using beta to prioritize stock sales?
Replies: 12
Views: 613

Re: Using beta to prioritize stock sales?

I multiplied the stock correlation by its standard deviation. How does this metric relate to beta? Thanks for the help Dave G. What is interesting (to me, anyway) is that the beta of the portfolio of stocks is 0.7. I would expect it's historical return to be lower than the market. Yet it's much hig...
by not4me
Tue Jun 04, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Is FEMA's flood coverage enough?
Replies: 7
Views: 716

Re: Is FEMA's flood coverage enough?

You might try looking at: https://www.insurance.com/buying-flood-insurance Also, there is a difference between flood & "Sewer backup". Lots of nuances in terms & coverages & so be sure you get what you think you are getting. Even if you buy flood insurance from a private company, I think it is subsi...
by not4me
Sat Jun 01, 2019 6:58 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1376

Re: Why is Tangible Book Value Dropping for US Stocks?

I think some are losing sight of the "net". I looked briefly at the 1st 2 in OP's list -- Microsoft & Apple. He said he used yahoo finance & it only shows the years he mentioned. But it isn't a matter of fewer tangible assets....because the debt is increasing more, the "net" is lower. In Apple's cas...
by not4me
Sat Jun 01, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1376

Re: Why is Tangible Book Value Dropping for US Stocks?

I could obviously go on and on down the list but roughly half the companies in the top 30 holdings (which makes up a huge percentage of the total market) have been LOSING tangible book value over the last four years . What is going on? OP, would you mind sharing your source? Also, did you see a cha...
by not4me
Sat Jun 01, 2019 3:21 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1376

Re: Why is Tangible Book Value Dropping for US Stocks?

I could obviously go on and on down the list but roughly half the companies in the top 30 holdings (which makes up a huge percentage of the total market) have been LOSING tangible book value over the last four years . What is going on? OP, would you mind sharing your source? Also, did you see a cha...
by not4me
Thu May 30, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Private Equity - Separate asset class?
Replies: 7
Views: 863

Re: Private Equity - Separate asset class?

Upfront confession -- I didn't read the article nor review the list of ETFs -- so maybe about to say something misleading. I have wondered before about what opportunities there are & know the terminology can be also misleading. 1st, private companies are generally not owned by mutual funds or etfs. ...
by not4me
Wed May 29, 2019 3:50 pm
Forum: Personal Investments
Topic: How to evaluate the value of your property?
Replies: 12
Views: 952

Re: How to evaluate the value of your property?

Curious as to how you valued property a year ago when you bought it? Can you not use same/similar approach to see what you'd pay today?
by not4me
Wed May 29, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Using beta to prioritize stock sales?
Replies: 12
Views: 613

Re: Using beta to prioritize stock sales?

I may have a little different take, but would really want more info. 1st, it sounds to me that you’re already clued in to approaches like tax loss harvesting, donating appreciated shares, etc & are past those & ready to decide how (not if) to sell. 2nd, I would layout what the real objectives are in...
by not4me
Tue May 28, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: Closed End Funds
Replies: 12
Views: 1235

Re: Closed End Funds

To expand a bit on CEF vs ETF...while some similarities, there are key differences. Not to be picky, but also want to watch the distinction between ETFs & ETNs. Broadly speaking, the CEF is almost expected to have leverage while the ETF won't. That amplifies gains AND losses. The "active manager" of...
by not4me
Tue May 28, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: "Soft" question on student loans
Replies: 72
Views: 3105

Re: "Soft" question on student loans

So my question to the BH community is this: Am I 100% wrong on this ? It seems that so many people want to "snowplow parent" their kid through college. I just don't think that's a good idea. Or are there a lot of parents like me? I just don't notice them because the subject never comes up? And plea...
by not4me
Tue May 28, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Home sale (Estate)
Replies: 34
Views: 1603

Re: Home sale (Estate)

Agree with all who say not enough info, executor decides, etc. But, in case OP is asking for perspective, I'd say realize a couple of things. Depending upon the condition of the entry steps (for example), "someone" may have to spend some $. I don't recall right off hearing of any house sale where th...
by not4me
Tue May 28, 2019 11:47 am
Forum: Personal Investments
Topic: CD - EF Strategy
Replies: 13
Views: 739

Re: CD - EF Strategy

I would suggest that you not base your decision on projected $ difference. Ladder strategies are fine, but perform differently when rates are rising, stable, coming down. The $240 difference is based on a snapshot that may change the next day. It is also pre-tax. Have you considered doing something ...
by not4me
Mon May 20, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Recycling Different Plastics
Replies: 76
Views: 4435

Re: Recycling Different Plastics

This AP story has appeared in several places, but in case some missed it I thought I'd share the link as it gives one view on some of the discussion in this thread:
https://www.apnews.com/3d3d86a09b9647b795295e77355877db
by not4me
Fri May 17, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Land Appraisal
Replies: 20
Views: 1340

Re: Cost of Land Appraisal

1st & most obvious question: if you are only wanting a cost basis, have you checked with executor of estate? Many cases they have to do one & you’d likely be well served to match that. You said “recently” inherited – the appraiser should be able to give you something back to date of death & is part...
by not4me
Thu May 16, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Stock Options?
Replies: 11
Views: 714

Re: Stock Options?

I’ll approach a bit differently. 1st, consider the job. Is it what the applicant wants? Settling for? This will come across to some as idealistic, but best choice is to find a “job” that you’d do for free. People/place you like; job content challenging & well prepare you for advancing in your field?...
by not4me
Thu May 16, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Land Appraisal
Replies: 20
Views: 1340

Re: Cost of Land Appraisal

Sounds high to me also, but lots of unknowns that could affect. As others mentioned, wait until you hear from the others you sent it to. 1st & most obvious question: if you are only wanting a cost basis, have you checked with executor of estate? Many cases they have to do one & you’d likely be well ...
by not4me
Tue May 14, 2019 7:33 am
Forum: Personal Investments
Topic: refusing inheritance
Replies: 45
Views: 5074

Re: refusing inheritance

This will come down to the state law of the deceased & how the assets are passed. It sounds as if they have a will, but the will may be silent on certain assets for which they've named him beneficiary. For example, IRA? Maybe a Transfer-on-death? Life insurance? Real estate out of state? Lots of pos...
by not4me
Tue May 14, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7988

Re: Inherited ranch

Wow, thanks for all the responses. The family split thing? You can pick your friends,but you're stuck with family. Yep, it's the brokest part of the family that wants it, yes they're relying on sentimentality, yes they feel entitled, no its not a ranch I was using one word to describe 400 acres of ...
by not4me
Mon May 13, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know of anyone who has used this tax saving strategy?
Replies: 28
Views: 3588

Re: Do you know of anyone who has used this tax saving strategy?

That is correct that a year must pass after the transfer. There are certain risks such as attachment of the transferred assets by creditors or the property not being devised back to you for some reason. Gill Gill, no beef with your assessment, but am curious as to how this gets handled if the year ...
by not4me
Mon May 13, 2019 2:19 pm
Forum: Personal Investments
Topic: why not high yield and closed end muni funds?
Replies: 16
Views: 1418

Re: why not high yield and closed end muni funds?

I think I lost sight of the question if there is one. Admittedly, I haven’t read every post, but unsure what a specific point is. Much of what I saw was general to investing in bonds. I’d have an easier time trying to compare a specific option. There are differences brought on by closed end funds, a...
by not4me
Mon May 13, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7988

Re: Inherited ranch

This is the 2nd mention I’ve seen of this in this thread. I’m also curious about the tradition. I have heard of situations that might seem similar. For example, 3 kids – 2 have moved away &/or don’t “farm” (ranch, whatever) & the other stays behind & gradually takes over. When time comes, the farmin...