Search found 148 matches

by not4me
Mon Oct 16, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: First Post (gulp) - Request for Advice on selling inherited home
Replies: 20
Views: 1538

Re: First Post (gulp) - Request for Advice on selling inherited home

As with many things real estate related, the answer is "it depends". Several good ideas have been thrown out here & they'll all work in certain cases & likely not in others. What works in a "hot" area of a larger city won't in a "dying" area in a small town, etc. Since you've got a ballpark idea for...
by not4me
Tue Oct 10, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: Longterm Investing Renewable ETFs
Replies: 14
Views: 650

Re: Longterm Investing Renewable ETFs

OP, you seem to have some question about ETFs separate and apart from whether a sector bet is a good idea. I'll chime in on that part some. You mentioned: doesn't an ETF manager buy up promising start ups and jettison subpar performing companies? The ETF manager will track an index & should make cha...
by not4me
Mon Oct 09, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: what to research on possible "too good to be true" ETF
Replies: 10
Views: 617

Re: what to research on possible "too good to be true" ETF

thanks!, great info! so let's see if I understand this correctly.. So, as long as investors, think more than 50% of the time, that the market will not be too volatile in the short term then this ETF will continue to increase? Whether or not the market IS actually very volatile or not..as long as mo...
by not4me
Mon Oct 09, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: what to research on possible "too good to be true" ETF
Replies: 10
Views: 617

Re: what to research on possible "too good to be true" ETF

A quick glance only at the etf, but it looks to me that it basically is shorting (betting the opposite direction) of the shortest term "fear index" or Vix. Not exclusively, but mostly larger, professional investors will use options as insurance against possible moves in the index. Those collectively...
by not4me
Fri Oct 06, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: individual stock taxable account emotions
Replies: 17
Views: 1815

Re: individual stock taxable account emotions

I agree with toons...you'll know. I'll throw out a couple of ideas that may help you decide, but they won't work for everyone. I can't say definitively but I think most who buy individual stocks will tell you that the "sell" decision is harder than the "buy". If it were me, a lot of the decision wou...
by not4me
Fri Oct 06, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: Selling burial plots in Alabama
Replies: 14
Views: 1079

Re: Selling burial plots in Alabama

I agree the sites may not be worth much, but it really depends. Many cemeteries are struggling now because labor costs have exceeded projections. So, may explain why they won't lay out cash to buy back. And it may depend on how much the family wants to divest itself of it. In some families, there ca...
by not4me
Thu Oct 05, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Why are international bond yields so low? Or put another way, why are US bond yields so high?
Replies: 6
Views: 516

Re: Why are international bond yields so low? Or put another way, why are US bond yields so high?

I'm far from being the most knowledgeable on this & I'm not aware of the "Law" you cited. It is an economic theory which requires markets to be frictionless. It is almost never true but it is useful in figuring out where inefficiencies lie. A fun example is The Economist Big Mac index. Also read up...
by not4me
Thu Oct 05, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Why are international bond yields so low? Or put another way, why are US bond yields so high?
Replies: 6
Views: 516

Re: Why are international bond yields so low? Or put another way, why are US bond yields so high?

Assuming some overarching "law of one price" governing the cost of debt, why is there such a disparity- and in particular, am I wrong in interpreting this disparity as suggesting that the market views US aggregate debt as significantly riskier , on average, than international debt? I'm far from bei...
by not4me
Wed Oct 04, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Transfer from Family Estate
Replies: 4
Views: 301

Re: Bond Fund Transfer from Family Estate

I would suggest that if you decide to sell the bonds that you should consider the timing of that (depending upon how much latitude the executor has). Grabiner pointed out that the cost basis is the price as of date of death, but I didn't know when that was. It might have been May since that was the ...
by not4me
Tue Oct 03, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Sharecropping & Roth IRA & Social Security
Replies: 7
Views: 497

Re: Sharecropping & Roth IRA & Social Security

A quick answer may be that he can file as a self-employed farmer. But that will place certain requirements on him. Of note would be that he'd have to pay social security tax. What is wrong with paying more social security tax? That could increase his SS benefit. If he doesn't yet have 35 years of a...
by not4me
Tue Oct 03, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Sharecropping & Roth IRA & Social Security
Replies: 7
Views: 497

Re: Sharecropping & Roth IRA & Social Security

I don't expect to be able to ultimately answer to your question & hope you'll get an expert to come along soon. I think they'll need some clarification though. Does your father work the land himself OR rent? If rent, is it crop shares or cash? Also, is he already getting social security? A quick ans...
by not4me
Thu Sep 28, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4678

Re: Share buybacks vs Dividends

This thread has gotten off track as is always the case with dividend threads. But to get back to the OP's original question, Grabiner explained it perfectly. A comment before this goes the way most do & really for the benefit of those who read later with the intention of understanding...I pulled th...
by not4me
Thu Sep 28, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4678

Re: Share buybacks vs Dividends

Everywhere I look, share buybacks and dividends are viewed as roughly the same thing but I don't understand how that is. With share buybacks, the company buys its own shares and therefore there are less shares outstanding. The EPS rise and therefore the stock prices rise. With dividends, when the c...
by not4me
Wed Sep 27, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: REITs as "pseudo diversification"
Replies: 44
Views: 3643

Re: REITs as "pseudo diversification"

To me, this is a somewhat broad, general question & the relevance of answers will reflect that. I would suggest a more targeted view when it comes to really putting this into action. I think most on this forum will interpret "individual property ownership" as being a rental -- house, vacation place,...
by not4me
Fri Sep 22, 2017 4:13 pm
Forum: Investing - Theory, News & General
Topic: Oil - Price & Supply/Demand Conundrum
Replies: 62
Views: 3863

Re: Oil - Price & Supply/Demand Conundrum

: Should we overweight or underweight the energy sector of our portfolios? I may have missed something subtle here, but couldn't this same question be asked about every sector every day? For example, hit a couple of financial headlines & question whether the financial sector should be over/under? N...
by not4me
Fri Sep 22, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Oil - Price & Supply/Demand Conundrum
Replies: 62
Views: 3863

Re: Oil - Price & Supply/Demand Conundrum

: Should we overweight or underweight the energy sector of our portfolios? I may have missed something subtle here, but couldn't this same question be asked about every sector every day? For example, hit a couple of financial headlines & question whether the financial sector should be over/under? N...
by not4me
Fri Sep 22, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12479

Re: Any "average Joe" here actually make out well with individual stocks?

I suspect my system will fail in bear market. You may be pleasantly surprised though. Having the discipline to sell may be your best idea. Early on, I decided that when I bought a stock, I would not sell it in the first year. Not just to have tax on gain be long term. I wanted to be sure my mindset...
by not4me
Thu Sep 21, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: How an asset with a NEGATIVE return can INCREASE your portfolio's return
Replies: 31
Views: 3138

Re: How an asset with a NEGATIVE return can INCREASE your portfolio's return

if the zero-return asset is volatile and uncorrelated and you're regularly rebalancing. So please remember this every time you hear that a zero-return asset can only hamper portfolio performance. These 2 sentences are the key points to me -- & I'd emphasize the word "only" in the 2nd sentence. I do...
by not4me
Wed Sep 20, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: Income from Uncorrelated Commodities
Replies: 26
Views: 1066

Re: Income from Uncorrelated Commodities

I only skimmed the post from nisprius, but I think my thoughts are along the same line. Starting with there not being any "true commodity ETFs" & OP mentioned looking at GLD & SLV...so whether they are ETFs or not (they aren't!), they also are not broad commodity focused. They really don't encompass...
by not4me
Wed Sep 20, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: Income from Uncorrelated Commodities
Replies: 26
Views: 1066

Re: Income from Uncorrelated Commodities

Commodities covers a wide range. Do you have specific ETFs in mind? That to me will have a big bearing or whether it is reasonable, although I expect most reaction you'll get will not be dependent upon that....
by not4me
Tue Sep 19, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2218

Re: Donor Advised Fund: Am I thinking about this correctly?

Pease kicks in at $309,900 for married filed jointly in 2017, and in the example, OP used $800k and said he's in the highest bracket, so I'm assuming he'll be subject to it either way. I pointed it out because I've seen high-income people use the Pease provision as an excuse not to donate, and I do...
by not4me
Tue Sep 19, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2218

Re: Donor Advised Fund: Am I thinking about this correctly?

The Pease provision applies, but that's really just a surtax on high earners disguised as a limit on deductions, so I wouldn't worry about it. Whether it is a surtax or a limit on deductions, are you saying that there is no chance he could avoid it (or at least some) by deferring some until another...
by not4me
Tue Sep 19, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2218

Re: Donor Advised Fund: Am I thinking about this correctly?

Whether you do it yourself or get a cpa to run some numbers, I'd recommend you pursue that. I don't know how close your example is to reality, but beware that there are some limitations that you might encounter. I'm pretty sure there are limits on how much you can deduct if you go over certain perce...
by not4me
Sat Sep 16, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA has 16 Corp Bonds in it
Replies: 16
Views: 1106

Re: Inherited IRA has 16 Corp Bonds in it

I was entering in a post & got knocked off before it was submitted. It was largely along the lines of what trueblueky said, but I'll try & expand a bit & recall what I had started to say... I assume you are considering these 16 as part of your bond portfolio which is otherwise in Total Bond. Is it r...
by not4me
Mon Sep 11, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Sell deceased's "wrong-state" muni bonds?
Replies: 27
Views: 1893

Re: Sell deceased's "wrong-state" muni bonds?

The guy who buys and sells the bonds -- well, the advisor who works with the bond buyer -- used data from the account's gain/loss report for the CG exposure. I can inquire about the source for the underlying data. Something about this is bugging me. 1st let me say that I'm not an accountant by any ...
by not4me
Sat Sep 09, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Sell deceased's "wrong-state" muni bonds?
Replies: 27
Views: 1893

Re: Sell deceased's "wrong-state" muni bonds?

OP, 1st I applaud your diligence in trying to be a good executor for the deceased. I appreciate your desire/need for privacy as well. I'll ask a few questions that might help spur ideas, possibly just be thought provoking for you should you decide to treat them as rhetorical. I didn't detect the tax...
by not4me
Thu Sep 07, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Check Received: What to do?
Replies: 22
Views: 2189

Re: Check Received: What to do?

Endorse her name as drawn then have your wife endorse it and deposit it to her account. Gill Gill, I'm good with this being the best/right way to handle, but am hoping you can elaborate on some of the parameters. I (likely) could have used this in the past, but wasn't aware. Since the estate "has l...
by not4me
Thu Sep 07, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Check Received: What to do?
Replies: 22
Views: 2189

Re: Check Received: What to do?

Endorse her name as drawn then have your wife endorse it and deposit it to her account. Gill Gill, I'm good with this being the best/right way to handle, but am hoping you can elaborate on some of the parameters. I (likely) could have used this in the past, but wasn't aware. Since the estate "has l...
by not4me
Thu Aug 31, 2017 8:25 am
Forum: Personal Finance (Not Investing)
Topic: How to buy raw (unimproved) land?
Replies: 34
Views: 3679

Re: How to buy raw (unimproved) land?

I didn't see any mention of who the current owner is, but is there any chance of seller finance? How did you find the property? Is it currently on the market? If so, there may be a broker involved from the seller side that might give advice to expedite the sale I also didn't see mention of whether t...
by not4me
Wed Aug 30, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Sale situation - Input Needed
Replies: 11
Views: 775

Re: Real Estate Sale situation - Input Needed

Is your uncle's estate still open &/or have a lawyer? The lawyer may have experience in this ass well. Unless it was 'overlooked', I would think the estate would have to resolve as well. As other poster mentioned, if/how it was handled in a will (if there is one found) may be a consideration. It was...
by not4me
Wed Aug 30, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: IRA Beneficiary Options for Grandfather
Replies: 6
Views: 310

Re: IRA Beneficiary Options for Grandfather

I'm curious about how this would be affected by Generation Skipping Tax. In this specific, it is well below the threshold for it to be a problem (I think), but more generally I'm not sure how it MIGHT affect. I'm thinking there may even be a component that affects adults with high income. Even if no...
by not4me
Wed Aug 30, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: DODFX - Dodge & Cox International
Replies: 20
Views: 2184

Re: DODFX - Dodge & Cox International

Most dividends, assuming they are 'qualified" are taxed at lower rates comparable to capital gains. What am I missing here? I guess there could be a small portion of prior year reinvested dividends/cap gains that could be considered ordinary income, but I wouldn't think it would be much. I may be t...
by not4me
Wed Aug 30, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Quitclaim deed for land
Replies: 13
Views: 1097

Re: Quitclaim deed for land

I would agree that there are ways to structure this so that no one actually pays gift tax. However, I believe if the $14k annual bogey is exceeded, there is some IRS paperwork that must be filed even though no tax due. I'll also add a point that I'd probably think screwy if I hadn't seen it work in ...
by not4me
Wed Aug 30, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: DODFX - Dodge & Cox International
Replies: 20
Views: 2184

Re: DODFX - Dodge & Cox International

You raised several questions & I'll try & touch on many of them. 1st, 'would it be best to leave it in...'? To me, that depends on whether you intend to have an allocation to international stock or not. It is actively managed, but lower cost than many. Over a long haul, I don't know you'll appreciab...
by not4me
Tue Aug 29, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Help me help my grandmother (nursing home negotiation and best way to clear out a home for sale)
Replies: 29
Views: 2359

Re: Help me help my grandmother (nursing home negotiation and best way to clear out a home for sale)

First, your family has a lot of work to do, decisions to make & in a likely stressful situation; so I wish the best. I wonder if the area you are talking about is a small town & not a big city. Some solutions that will work in major cities just aren't viable in smaller towns. These situations are ch...
by not4me
Sat Aug 26, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: Effect of duration rate on bond funds
Replies: 21
Views: 2091

Re: Effect of duration rate on bond funds

There are useful math estimates of the impact on bonds and bond funds when interest rates change. There is also an emotional factor that might come into play. Bonds and bond funds are often trickier than people realize. There are many bond fund investors that may misjudge how "safe" their bond fund...
by not4me
Fri Aug 25, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans To Launch Total Corporate Bond ETF
Replies: 41
Views: 6305

Re: Vanguard Announces Plans To Launch Total Corporate Bond ETF

I've read minimally on this outside this forum & it seems as if at least some see this as Vanguard offering a product expected to compete against ishares LQD etf & a Goldman Sachs etf GIGB. I don't think I understand yet which index the new Vanguard etf would track & how, if at all, it differs from ...
by not4me
Thu Aug 24, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bond ETF
Replies: 13
Views: 955

Re: Bond ETF

Earl Lemongrab is on point. Let me add another one. Let us say there is a liquidity event. Panic selling, frozen markets, etc. You want to liquidate. Lets look at this from a mutual fund perspective. You could put in a sell order to your mutual fund. At this point all you have done is punted the ba...
by not4me
Thu Aug 24, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bond ETF
Replies: 13
Views: 955

Re: Bond ETF

Let's say I have some money in the Vanguard Total Bond Fund & also in the ETF BND. I hear there is panic selling & I decide to bail out completely. With the fund, I "issue my order" & get out using last nights NAV as the price. For the ETF, I issue a 'sell' order -- but you can tell me how that ord...
by not4me
Thu Aug 24, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bond ETF
Replies: 13
Views: 955

Re: Bond ETF

I guess one difference I see between the mutual fund & the ETF is that in the case of the mutual fund, you can get out pretty much any time the market is open at NAV. For an ETF, you must find someone willing to buy & they MAY demand a discount to NAV. A ETF can liquidate shares exactly the same wa...
by not4me
Thu Aug 24, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 18943

Re: Vanguard Vote By Proxy

So I voted on these measures and voted against everything. Am I wrong to think that this is a legal, backdoor way on the part of Vanguard Management to take the Index out of Index Funds and incorporate active management into them? Not trying to be paranoid here. It just seems this is what's going, ...
by not4me
Thu Aug 24, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Bond ETF
Replies: 13
Views: 955

Re: Bond ETF

I guess one difference I see between the mutual fund & the ETF is that in the case of the mutual fund, you can get out pretty much any time the market is open at NAV. For an ETF, you must find someone willing to buy & they MAY demand a discount to NAV. You should be able to look at your specific ETF...
by not4me
Thu Aug 24, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with series EE savings bonds?
Replies: 28
Views: 2901

Re: What to do with series EE savings bonds?

Would be worth your time to review the treasurydirect.gov web site & read about EE bonds issued for your specific case and how the variable rate gets reset every November 1 & May 1. For the poster who had EE bonds from 1996, they are slightly different than those for 1998. I believe they both will e...
by not4me
Thu Aug 17, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Question about LTCG on inherited property
Replies: 7
Views: 496

Re: Question about LTCG on inherited property

To give him an accurate answer, you need to know how he inherited it. If it was held in trust under a will of someone who died in 1990, and now just distributed to him because the trust terminated, it might have a basis based on the FMV in 1990. It is a common mistake on this forum to assume proper...
by not4me
Thu Aug 17, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12264

Re: Is it worth it?

To me, this is hard to generalize as there are lots of variables. I would say that for most the perspective changes once the kids are in school. Parenting is 'new' to you & the kids are in a high developmental stage where things change quickly. At this point, you don't know how involved they want to...
by not4me
Wed Aug 16, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 18943

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

It would have to be a huge drop in investor demand. If the stock sells at a price that gives a 10% vs an 8% return, it doesn't mean the company is paying out 2% extra, it just means it raised a little less in that round. The real problem is that if it absolutely has to raise capital by selling stoc...
by not4me
Wed Aug 16, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Bond - Should I sell?
Replies: 13
Views: 1251

Re: Inherited Bond - Should I sell?

Reading the original post, it sounds as if OP doesn't need convincing to dispose of it -- it's more a question of what is 'reasonable'. I'll throw out a couple of different perspectives. I assume it was inherited from someone who has died somewhat recently, making it a long term capital item with a ...
by not4me
Wed Aug 16, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 18943

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7— A shareholder proposal to institute transparent procedures to avoid holding investments in companies that, in management’s judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. While I certainly don't condone genocide,...
by not4me
Wed Aug 16, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 179
Views: 11273

Re: Postal Service -- "informed delivery"

avalpert wrote:
Wed Aug 16, 2017 10:23 am
am thankful someone else is willing to pay
Admittedly, I haven't read all of all the posts, but this touches on about the 2nd or 3rd thing I wondered about when I first heard of it & haven't seen it addressed. Who is the benefactor?
by not4me
Tue Aug 15, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 33
Views: 3427

Re: Accountant liable for penalties?

How can you hold the accountant liable? He already told you last February that he wouldn't have time to look at it for several months. Now that he's looked at it and run the numbers, there is more money due. We were fine with him filing the extension, where the problem is is that he did not tell us...