Search found 416 matches

by not4me
Wed Oct 17, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3019

Re: Better to invest in taxable and not deferred?

This sounds clever? but something tells me it isn't, what is the flaw in this line of thinking. I don't think this is a flaw in SOME cases. If the co-worker is saying this is always the best, I think they are as incorrect as saying it never is. I skimmed other posts & think most points at least tou...
by not4me
Wed Oct 17, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: What to do with variable annuity at retirement age?
Replies: 8
Views: 459

Re: What to do with variable annuity at retirement age?

Agree with bsteiner, but would elaborate a bit more. Once she's considered possible ROTH conversion, I'd get out as soon as possible based on room in tax bracket. I'm assuming she's past surrender fees. I wasn't clear if it is currently at Vanguard, but I'd suggest if it isn't there already, call ei...
by not4me
Thu Oct 11, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 19
Views: 2777

Re: Timber as an alternative - didn't work so well...

Swensen invested some of the Yale endowment fund in timber; anyone know how that's done? I don't, but would be interested in hearing as well. I did a quick search to see what the "current" state is comparing "timber" to stocks. I use quotes because different sources use different methods as to what...
by not4me
Thu Oct 11, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 19
Views: 2777

Re: Timber as an alternative - didn't work so well...

To me, this mainly illustrates not "investing" in what you don't understand. There's a lot of misunderstanding in regard to this area. Untold number of stories where it didn't work out....untold number where it did. I didn't read this article (due to paywall, but have seen several like it). Close pr...
by not4me
Sat Oct 06, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Should I, and how, act on changes in managing diet and health?
Replies: 65
Views: 4478

Re: Should I, and how, act on changes in managing diet and health?

So, do you think that the effects will be felt in a substantial way by companies? How would I invest if I thought that the effects will be actionable? Am I tripping in thinking that this will be anything more than a trickle of people changing how they live? Taking these in order...(1) substantial e...
by not4me
Sat Oct 06, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Complicated inherited IRA situation
Replies: 8
Views: 1014

Re: Complicated inherited IRA situation

I assume the account was re-titled to me as a benificiary in 2005 with the wrong ssn. The ssn issue is being resolved in the next week. I would not assume if I were you. I honestly don't know if it will matter if you do indeed cash it out totally, but it might. From what I've gathered so far, it wo...
by not4me
Sat Oct 06, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuities - Already Commited, Now What?!?!
Replies: 5
Views: 724

Re: Variable Annuities - Already Commited, Now What?!?!

1st, bluedemon67 gave sound advice that I'd encourage you to follow. These products often have some unique features & obviously can't speak to those. I'd be surprised if they offer anything that can't be handled as well in other ways & likely less expensive. That said, here's what I'd do. For those ...
by not4me
Fri Oct 05, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Complicated inherited IRA situation
Replies: 8
Views: 1014

Re: Complicated inherited IRA situation

OP, just to clarify....is the IRA still titled in the name of the deceased? If so, that coupled with the incorrect ssn likely explains why the IRS hasn't come knocking...yet. If not, is it titled correctly now? And are you the sole beneficiary of this account? It would be much messier otherwise.
by not4me
Fri Oct 05, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: How much effort to close an estate and is it worth it?
Replies: 13
Views: 1424

Re: How much effort to close an estate and is it worth it?

There are way more questions with info available thus far than I want to type. I assume the language used indicates unfamiliarity more than anything.It isn't clear to me if there was a will or not, if probate was opened so far or not, etc. Are the siblings the only beneficiaries? Is the $40K estimat...
by not4me
Thu Oct 04, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2555

Re: Why TIPS only for unexpected inflation?

I'm totally confused by the whole "only unexpected inflation" thing. I've found this quote to be confusing at times myself. I didn't read all the posts, but in skimming through I saw lots of good info & some not so good. I'll give my simple take on this. 1st, in my limited experience, I usually see...
by not4me
Thu Oct 04, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial land for sale, agent and seller are one
Replies: 6
Views: 384

Re: Commercial land for sale, agent and seller are one

Did the "offer" have an expiration date? In my opinion it should always have one. Even then, the seller doesn't HAVE to reply. But if no expiration date, they can wait as long as they want. I'm not a lawyer & can't say how enforceable it might be later. I'd try & restart the process by sending anoth...
by not4me
Thu Oct 04, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Converting minor bonds
Replies: 1
Views: 146

Re: Converting minor bonds

I haven't had direct experience with this, but the treasury direct web site has some details on how to do this. Whether there are problems with the execution I can't speak to. One suggestion might be to edit the thread a bit. I'd suggest a different title, such as 'converting paper saving bond for c...
by not4me
Thu Oct 04, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation question: How to include farm rental income in my model?
Replies: 4
Views: 289

Re: Asset allocation question: How to include farm rental income in my model?

My comments would largely follow those of RadAudit with some expansion. You'll find a lack on consensus on approach and, within an approach, the detail implementation. To me, the key to answering the question comes down to how YOU will use the answer. It sounds as if you've been using 60/40 & not fa...
by not4me
Tue Oct 02, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7334

Re: Bonds... Why do people bother with them. ?

Age: 30 I'm all in on stocks ...is there a way to structure the move so taxes are lower or should I just pick a total bond fund I like and tell vanguard "do it tomorrow"? I am asking because I've never 'got' bonds except as a hedge against the market falling the day after you retire and even then i...
by not4me
Sat Sep 29, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stock in a private company - howto sell
Replies: 13
Views: 1191

Re: Stock in a private company - howto sell

Since Op's MIL was executor for grandfather's estate, it sounds to me that the most likely situation is that the company needed to contact the grandfather & couldn't find him & so turned it over to state. Obviously, there is a wide variation in private companies & so with so little info, speculation...
by not4me
Sat Sep 29, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Future funds
Replies: 11
Views: 1027

Re: Managed Future funds

Won’t claim to have more knowledge, but had a few points for you to consider. It sounded to me that you are more comfortable understanding the strategy – whodidntante covered that well, but I’ll be a bit more explicit – than you are comfortable with recent implementations thru ETFs. You didn’t speci...
by not4me
Tue Sep 25, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: FIL bought land with 6 other people, and one passed away
Replies: 8
Views: 1648

Re: FIL bought land with 6 other people, and one passed away

I think there may be multiple missing pieces of info; but I'm also unclear as to what the problem is. Was the surviving spouse on the deed prior to the death or as a result of the death? Has the estate been closed in Colorado? The title of the thread says they bought land -- is it unimproved, raw la...
by not4me
Thu Aug 23, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity- Alternative Investments
Replies: 11
Views: 691

Re: Variable Annuity- Alternative Investments

You would want to look up "private placement life insurance". Like self-directed IRAs, but not as flexible. If you are US based, all the big life insurance companies offer it. You will find a lot of "alternate investments" within a PPLI structure ... even Vanguard annuity portfolios! That being sai...
by not4me
Thu Aug 23, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to give land lots to parents?
Replies: 6
Views: 756

Re: Best way to give land lots to parents?

1st, thank you Gill for correcting me again (I'm pretty sure you've cleaned up my mistakes before!). Not as an excuse, but to drive home the point....I started out to say something that didn't come across. That is, there is no way to beat the tax man here. 2nd, as for quit claim vs warranty....A cou...
by not4me
Thu Aug 23, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity- Alternative Investments
Replies: 11
Views: 691

Re: Variable Annuity- Alternative Investments

stefanaccio wrote:
Wed Aug 22, 2018 9:06 pm
best be described as a "self directed annuity" for investments of this magnitude.
Can you describe this a bit more? For example, how does it differ from Vanguard's "Managed Payout Fund" (VPGDX)? Must haves characteristics etc
by not4me
Thu Aug 23, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Best way to give land lots to parents?
Replies: 6
Views: 756

Re: Best way to give land lots to parents?

We would like to give these lots to my parents, who live in TN, so that they can sell the lots. I feel as if I'm missing something as I don't see how this helps the property sell. It sounds like an unnecessary, added expense step. I'll speak to some of your questions though & maybe you can fill in ...
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: 405

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: 928

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: 15
Views: 1826

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: 3533

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: 3533

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: 3533

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: 15
Views: 1826

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: 414

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: 1312

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: 1007

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: 375

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: 6
Views: 680

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: 1243

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: 1243

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: 1765

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: 1765

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: 1765

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: 1738

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: 659

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: 5660

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: 5660

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: 1814

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: 1926

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: 873

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: 2093

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: 505

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: 13771

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: 2093

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: 506

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...