Search found 395 matches

by not4me
Sat Aug 18, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Hedging the Brazilian Real (or an alternative?)
Replies: 8
Views: 352

Re: Hedging the Brazilian Real (or an alternative?)

So, the other option would be to invest that money here in the U.S. However, because her expenses are in R$, I would like to mitigate the currency risk of the R$ rising in value against USD and was wondering if anyone has an idea on how to do this. Also, if there are any other suggestions on how to...
by not4me
Sat Aug 18, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: funds from inheritance [how is it taxed?]
Replies: 9
Views: 813

Re: funds from inheritance [how is it taxed?]

A word of caution as there are different kinds of assets (such as annuities, etc) that might not fit some of these posts. OP, when you say property are you referring to "real estate" specifically? In talking about 'probate proceedings', wills are probated, not assets. I assume you mean you are inher...
by not4me
Sat Aug 18, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts
Replies: 12
Views: 1373

Re: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts

Thought this might be a more readable way to address previous posts & will go out of order.... I know you've got lots of decisions driven by many factors & I wouldn't want to pressure any of those. If you knew you were going to take, for example, the calendar year 2019 off, that might affect your ap...
by not4me
Sat Aug 18, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3228

Re: Help with inheritance choice

In other words, the RMDs are ordinary income no matter the investments. Are you saying investment choices in an inherited IRA affect the income tax consequences beyond their effect on account value? My position is "no, they shouldn't" if investments is the only variable. Please help me understand i...
by not4me
Fri Aug 17, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3228

Re: Help with inheritance choice

On the initial question of whether to pick an inherited retirement plan or CD, and ignoring effect on parent and parent's estate, I am not convinced that the CD is the right answer 100% of the time for everyone, although it seems like the right answer in this case. I wonder, if the beneficiary is y...
by not4me
Fri Aug 17, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 38
Views: 3228

Re: Help with inheritance choice

I’m surprised that someone went for the inherited IRA Well, now that I look at my original answer and reconsider it based on the various other inputs, so am I. The surprise that one experiences when what you thought was a good answer turns out not to be all that good is part of the learning process...
by not4me
Fri Aug 17, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts
Replies: 12
Views: 1373

Re: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts

1st, sorry for the loss that lead to the inheritance. 2nd, I applaud you for thinking of your mother & your approach to thinking this thru. My approach would be along the lines you started & as others have suggested. First, see which funds have losses and/or minimal gains. 2nd, get specific about th...
by not4me
Fri Aug 17, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Deferred annuity inheritance
Replies: 6
Views: 338

Re: Deferred annuity inheritance

So, I ask you fellow Bogleheads, are there any ways to lessen the income tax burden on the settlement of this deferred annuity? Should I take the least amount over the longest period of time possible? Should I take a five-year, or 10 year, or 20 year guaranteed payout? 1st, sorry for your loss. Spe...
by not4me
Wed Aug 15, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Why are 1yr Treauries paying more than 1yr brokered CDs?
Replies: 13
Views: 1160

Re: Why are 1yr Treauries paying more than 1yr brokered CDs?

Even though I have mixed feelings about this myself, I'll throw it out. My initial impulse as I started to read the thread was that the difference had to do with banks being for-profit. I know that sounds sarcastic, but... are there times when banks are unsure enough about the yield curve they'd pre...
by not4me
Wed Aug 15, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Anyone see any benifit to CEFs (close end funds)?
Replies: 17
Views: 853

Re: Anyone see any benifit to CEFs (close end funds)?

The biggest worry I have is global warming's impact. OK pensions too but flooding, fires, storms could add up. Then again, maybe that might be political cover to ask for additional revenue. Just to clarify...I assume your worry is associated with investing in muni -- regardless of whether thru clos...
by not4me
Mon Aug 13, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inherited Variable Annuity
Replies: 3
Views: 341

Re: Help with Inherited Variable Annuity

Sorry for your loss I would suggest reading the document in previous poster's post & then call to talk with them. The fact that it was in a trust is important & may be the reason you can't annuitize (instead of a limitation of the company. I'm not sure as I've never inherited one from a trust). You ...
by not4me
Mon Aug 13, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for owner of commercial real estate company
Replies: 3
Views: 365

Re: Asset allocation for owner of commercial real estate company

Some things you didn't mention that I think might be important. I may be in too big a hurry, but I only got 95% when I added it up.... Do you have financial targets you are considering such as wanting to exit your real estate? You didn't mention tax deferred accounts (IRAs, etc), so will any/all of ...
by not4me
Thu Aug 09, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Illiquidiity scenarios for Mutual Funds/ETFs
Replies: 21
Views: 1166

Re: Illquidiity scenarios for Mutual Funds/ETFs

Fund sponsors have certainly been willing to let closed end funds trade at discounts to NAV -- could ETF sponsors decide to do the same ? Many of the counter-arguments mentioned here about reputational risk to the sponsors are quite convincing, so I'm probably just being excessively nervous. I unde...
by not4me
Thu Aug 09, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Illiquidiity scenarios for Mutual Funds/ETFs
Replies: 21
Views: 1166

Re: Illquidiity scenarios for Mutual Funds/ETFs

I am more concerned about a scenario where NAV diverges significantly from market value and there is no way to sell at NAV for months, even years. The ETF becomes more like a closed end fund then. The question is whether there is some advantage to being in an MF in such a situation, or would the MF...
by not4me
Thu Aug 09, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1647

Re: Arbitrage on collecting dividend

I know arbitrage is difficult if not impossible. What I can think of is someone will buy my call before the day of the ex dividend date and I end up not owning the stock, hence no dividend. Assuming that the cost of the call has dividend priced into it, I still own the stock (if not exercised) and ...
by not4me
Thu Aug 09, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1647

Re: Arbitrage on collecting dividend

didn't understand how the kind of order matters. Assume I bought the stock during the day at $109.49. If I own the stock before ex-dividend date, I should get the dividend. Ok, I thought you were talking about "on" the ex-div date instead of before. In that case, I think what you've executed is the...
by not4me
Thu Aug 09, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1647

Re: Arbitrage on collecting dividend

I am trying to understand if there could be a arbitrage(almost) to buy a stock near ex-dividend date and selling a well in the money call. e.g. MSFT ex dividend is 8/15; Today closing price is 109.49 buy the stock, sell 8/17 100 call for $9.50, you make nothing upfront, but get the dividend and cal...
by not4me
Tue Aug 07, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: How are muni rates determined?
Replies: 25
Views: 1653

Re: How are muni rates determined?

My question: how might one figure out why the maximum rate is so much higher this time? Is it harder to sell bonds for affordable housing than for infrastructure projects? Would the unfunded liability problem have affected our credit rating? Where would I look to verify that? I think the parts that...
by not4me
Tue Aug 07, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice related to Limited Partnership Commodities ETF with K-1 reporting
Replies: 12
Views: 603

Re: Seeking Advice related to Limited Partnership Commodities ETF with K-1 reporting

Understanding I’m stuck with the LP this year, I could sell and reinvest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) to have same objectives with 1099 reporting in future years. No doubt you’ll have opinions about this. Feel free to unleash, you won’t hurt my feelings....
by not4me
Fri Aug 03, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Need help to sell family farm.
Replies: 41
Views: 5553

Re: Need help to sell family farm.

Interesting comment, chedv. From what I’ve seen, farmland has been selling at reasonably good prices lately in our region, so it looks like a good time to sell. Market timing, including commodity markets, is way beyond my pay grade! Thought I'd chime in on the timing. There is at least one big reas...
by not4me
Fri Aug 03, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Need help to sell family farm.
Replies: 41
Views: 5553

Re: Need help to sell family farm.

I am an immigrant whose family is in agriculture in our Home land. I would love to own some farm land for emotional reasons but cant think of the 100 plus acres lots. In general, what would be the annual income of the OPs land (200 acres near Minneapolis) from the farmer/business that is growing cr...
by not4me
Thu Aug 02, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Land Purchase Possible or Forget About It?
Replies: 20
Views: 1732

Re: Land Purchase Possible or Forget About It?

It sounds to me that you are “guessing” on a couple of pieces that might be valuable to know. You should be able to find the tax appraisal info…many states have that online & as public info. That is NOT an appraisal, but gives a good starting point for determining how much it might be worth. I wasn’...
by not4me
Thu Aug 02, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Which offer to accept on vacant land?
Replies: 17
Views: 1870

Re: Which offer to accept on vacant land?

I won’t take the time to go thru everything I’m thinking, so feel free to ask for more if you think it helpful. There are multiple fronts of this & lots of detail that you have that might give clarity. There’s bound to be some non-financial considerations when siblings are in a joint real estate ven...
by not4me
Sat Jul 21, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Morningstar ratings please!
Replies: 14
Views: 824

Re: Help me understand Morningstar ratings please!

Welcome to the forum -- I'm posting to give a brief guess & bump to the thread in hopes someone will see it that knows Morningstar better than I. I would recommend looking on Morningstar web site as they have some pdfs which explain their methodology. It may be more than you want to read! I don't re...
by not4me
Fri Jul 20, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 24
Views: 2028

Re: How to treat annuity?

Confirmed this interest is taxed just like regular income. Mainly wanted to say that I was flat wrong! Sorry for any confusion, but this is a type of "life insurance annuity" that I'm unfamiliar with. I wonder what makes it an annuity? Anyway, your statement in previous post seemed to clarify how i...
by not4me
Fri Jul 20, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Closed funds
Replies: 2
Views: 486

Re: Closed funds

I think it depends upon the specific fund & closing. Funds sometimes close totally. Some throttle the inflow by placing limits or closing to certain types of investors, etc. By the way, Flagship status is something Vanguard offers. The fund closing is done by the company providing the fund, which ma...
by not4me
Fri Jul 20, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13348

Re: Should I Dump a Pile of Money on Young Son?

A couple of miscellaneous points...OP, this is likely me stating the obvious, but hopefully it is understood that when someone disclaims an inheritance, that person doesn't get to select who does get it. I don't mean to talk down to you or anyone, just making sure that wasn't overlooked. I would con...
by not4me
Thu Jul 19, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 24
Views: 2028

Re: How to treat annuity?

What is it costing you in taxes? Well it earns about $1700/yr from the 6% that I presume is added to my income and is taxable (father-in-law is a CPA and does my taxes). I'm guessing here, but I don't think you presume correctly. I don't think current year taxes is your biggest problem. Another pos...
by not4me
Tue Jul 17, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis of Funds to file Decedent's taxes
Replies: 6
Views: 470

Re: Cost Basis of Funds to file Decedent's taxes

Background. My mother passed late last year and her advisors wrote and had me send to their own company the following regarding her taxable account: As Personal Representative for the Estate of my mother, xxxx. I request that you calculate the Step Up in Cost Basis on the above account and proved m...
by not4me
Tue Jul 17, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using an ETF for TIPS investing
Replies: 22
Views: 1961

Re: Thoughts on using an ETF for TIPS investing

Thanks! I'm looking at SCHP from Schwab which looks similar to iShares TIP. (At the moment they have a bit of an edge in the costs.) While I'm looking to just buy and hold, I'm wondering what the process is when one does sell. Since it's an ETF holding bonds with varying maturities, what sort of pe...
by not4me
Tue Jul 17, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Why is my bond fund going up with interest rates?
Replies: 16
Views: 1601

Re: Why is my bond fund going up with interest rates?

I am invested in municipal bond fund fmotx. In the last few months the Fed has raised interest rates, yet the bond fund is on a slow increase in value. I am prepared for bond funds to drop for a while, and have delayed investing more capital for this reason. I know some of the bonds are corporate, ...
by not4me
Sat Jul 14, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1571

Re: many differences in small cap indexes

I'm not following. But let me try to be clearer myself. I thought the sp600 was more midcap (that is, had higher market caps) than Russell 2000; According to the Morningstar style box ( IWM vs IJR ) the S&P 600 seems to be clearly the smaller one. Maybe clear to you, just eyeball I didn't see the d...
by not4me
Sat Jul 14, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 947

Re: M* vs Fool.com Charts

Thank you Doc, I never noticed that drop down. M* Price chart matches fool.com, no conspiracies going on. not4you, I can't say exactly why the growth doesn't correlate with price from Jan 1997 to Jan 2003 (when DODGX gets its big boost) without a lot more digging. I can just say there are a lot mor...
by not4me
Sat Jul 14, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1571

Re: many differences in small cap indexes

I didn't read the article, but 1st thought was that the sp600 was more midcap (less small & micro) & more concentrated. How much difference that would account for I'm not sure, but I never thought of these as comparable myself Believe you’re confusing it with the CRSP index that Vanguard now uses. ...
by not4me
Sat Jul 14, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 947

Re: M* vs Fool.com Charts

For educational purposes I decided to try something more recent and using VFINX (Vanguard 500 Investor Class) vs DODGX this time since it is a fund instead of an index. I got similar scary results. There has to be some fundamental methodology that we are overlooking. Date Range: 1/1/2010 - 7/13/18 ...
by not4me
Sat Jul 14, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 15067

Re: Why is leveraging property good but leveraging stocks bad?

I don't think there is one clear cut answer. Most will defend what they do -- if they don't see it as defensible, they wouldn't do it. Houses we live in become personal...house we rent out less so. As mentioned earlier, margins, futures, etc have their place "in the right hands" -- they aren't (in m...
by not4me
Sat Jul 14, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Inherited retirement account
Replies: 12
Views: 1574

Re: Inherited retirement account

... or to disclaim the inheritance and pass it on to her children and/or grandchildren. David I wasn't sure how intentional you meant this statement. Are you suggesting she would disclaim just the IRA portion or the estate in entirety? Or is that essentially the same thing in this case? As already ...
by not4me
Sat Jul 14, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 363
Views: 16348

Re: Direct Real Estate Returns

Real estate is unique in that it is one of the few businesses where you can use leverage to invest in a potentially appreciating asset. Wildbill, I've appreciated your posts & insight. Would you clarify the above statement? Seems to me that someone could use leverage to invest in stocks also. Howev...
by not4me
Sat Jul 14, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1571

Re: many differences in small cap indexes

I didn't read the article, but 1st thought was that the sp600 was more midcap (less small & micro) & more concentrated. How much difference that would account for I'm not sure, but I never thought of these as comparable myself
by not4me
Sat Jul 14, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 947

Re: M* vs Fool.com Charts

I don't use these charts enough to know how they really work. My 1st thought though was that the mutual fund would be affected by offsetting losses & the index would not. To validate that, you might look at certain time periods in detail, try doing the same thing with a sp500 index fund etc...just a...
by not4me
Fri Jul 13, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2610

Re: Logging out 20 acre lot?

Couple of additional details based on the comments and suggestions (Thank you very much for all the information): 1) Property has a residential loan with a bank in parents name, we are not on the loan. 2) We created a trust, which was signed before their death, and moved the house into the trust be...
by not4me
Fri Jul 13, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2610

Re: Logging out 20 acre lot?

Not sure it matters a lot, but in thinking of options I realize I'm still confused as to the status & how this came about. Whose name is on the loan/deed now? If you, then won't walking away create some issues for your credit, etc? If not, can you really sell timber or land? I'm guessing from your d...
by not4me
Thu Jul 12, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Taxable Account – Limited Documentation for Taxes
Replies: 4
Views: 657

Re: Selling Taxable Account – Limited Documentation for Taxes

2011 was about the time that companies started distinguishing between covered & non-covered. Different types of assets & different type of companies changed at different times & in different ways. I've not dealt directly with "real" custodial accounts nor held any account directly at Janus; so, eith...
by not4me
Tue Jul 10, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA question
Replies: 11
Views: 655

Re: Inherited IRA question

I'll offer a slightly different view that may not be as popular & it's usefulness may depend upon your willingness to crunch some numbers. I assume the main attraction to have a smaller RMD is having a smaller current tax bill. None of us know what the future holds for taxes. But, if it were me, I'd...
by not4me
Tue Jul 10, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Silver ETF [How does it track the spot price?]
Replies: 17
Views: 990

Re: Silver ETF [How does it track the spot price?]

I'm interested in investing in SIVR (an ETF that tracks silvers spot price). My question is how does this particular fund track the spot price? Looking at the price now it's 40 cents lower than spot price. It's backed by actual silver held in vaults by HSBC. I just don't understand how the ETF pric...
by not4me
Tue Jul 10, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Fundrise vs. Vanguard REIT ETF
Replies: 10
Views: 1317

Re: Fundrise vs. Vanguard REIT ETF

Should Fundrise be compared to a REIT and then compare performance? Should fundrise be compared to holding real estate (property ownership-landlord-rental income)? I only skimmed the info, so this may be slightly off, but it struck me as "just another non-traded REIT". As investments tend to be, th...
by not4me
Thu Jul 05, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: What stocks are excluded from VG’s total international funds?
Replies: 6
Views: 690

Re: What stocks are excluded from VG’s total international funds?

I wasn't clear if you were asking the general question or strictly specific to the one you mentioned. I'll speak to the broader issue & let you do leg work on the specific if you choose. You cited the index for the one fund & so I assume you understand that the index definition drives what the fund ...
by not4me
Thu Jul 05, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3784

Re: REITs - 20% Qualified Income Deduction

You are right about the complexity. I do not have the definitive answers nor do I think anyone can at this point. Too early to know. But I have a broad understanding that shapes my thinking & so thought I'd share that & maybe give the thread a bump. I believe what you are referencing is connected to...
by not4me
Fri Jun 29, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: High yield and tax-free munis
Replies: 23
Views: 2482

Re: High yield and tax-free munis

OP, I take it from your post that some of this is unfamiliar to you & so I want to add a note of caution. Buying individual municipals is NOT something I would think wise in most cases -- as has been pointed out, there is less diversification than with a fund, they can be inefficient to trade, etc. ...
by not4me
Thu Jun 28, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends/distribution
Replies: 6
Views: 744

Re: Dividends/distribution

This is the first time I'm experiencing distributions and I'm wondering if that's normal. I'm with Vanguard invested $150in VTSAX and VTIAX. I've noticed that my IRA that had about $115,000 before distribution on 06/21/18 is down to about $112,000. Normally I don't see as "big" of a drop. Is this t...