Search found 390 matches

by retiringwhen
Thu Sep 20, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar cost average funds being transferred to new retirement account?
Replies: 24
Views: 1394

Re: Dollar cost average funds being transferred to new retirement account?

I don't think it ever makes sense to DCA a lump sum. Earl, can you expand on why you don't think it's a good idea? Here is why, we have 6 digit lump sum to put in the market but have some logistical hurdles ( account transfer) and I am watching the market make big moves every day. I don’t want to w...
by retiringwhen
Tue Sep 18, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax question with treasuries ..
Replies: 7
Views: 476

Re: CA tax question with treasuries ..

I'm voting w/ Thesaints . CA return starts w/Fed AGI . It then makes adjustments on Sch CA where the treasury interest gets subtracted out leading to the CA AGI w/ only the other income to be taxed at the lower brackets. I must be glazing over something. Why are there Calif Tax Exempt bond funds if...
by retiringwhen
Tue Sep 18, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 257
Views: 24344

Re: U.S. stocks continue to soar!

After yesterday's 'buying opportunity', stocks are right back up. The S&P 500 index is up 0.61% so far today :D . I admit it. I posted in the "freefall" thread yesterday because I wanted the markets to go up so that I could rebalance. A few folks responded and by golly the market was up strongly to...
by retiringwhen
Tue Sep 18, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: $4900.00 INHERITED IRA
Replies: 9
Views: 862

Re: $4900.00 INHERITED IRA

livesoft wrote:
Tue Sep 18, 2018 12:18 pm
I have such an inherited IRA. I didn't cash it out. It is actually trivially simple to have the custodian figure out and send one the RMD every year. My RMD is even less than $200, but I have it sent to me on on the birthday of my mother and we use the money to go out to a nice dinner.
+1
by retiringwhen
Fri Sep 14, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3528

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

My experience is that they are putting up an effort to not come across as clamouring for assets and new clients at any rate. I recently had a call with a rep at Fidelity about opening a Solo 401(k) and moving my current plan with Vanguard. They had me talk to a retirement specialist, who tried to u...
by retiringwhen
Fri Sep 14, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: What can you homegrown financial management spreadsheet do?
Replies: 21
Views: 1215

Re: What can you homegrown financial management spreadsheet do?

Gosh, I have about 10 spreadsheets. The problem is I find them a good source of amusement/distraction and don't always have a plan for them, they are more investigative. One tracks my AA vs. plan and analyzes how to make those adjustments while minimizing consequences (mostly taxes), this is as clos...
by retiringwhen
Thu Sep 13, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Bad Bogle Advice?
Replies: 14
Views: 1412

Re: Bad Bogle Advice?

I am not sure what is going on with that quote about value and growth stocks. I understand Bogle to recommend "buying the market" and holding on, ideally never selling until you need to in retirement. He also recommends staying in United States equities. He also recommends finding some sort of perc...
by retiringwhen
Thu Sep 13, 2018 6:12 am
Forum: Investing - Theory, News & General
Topic: Bad Bogle Advice?
Replies: 14
Views: 1412

Re: Bad Bogle Advice?

My idea at that time was if you accumulated money in growth, you have a higher percentage of your return without taxes; and a lower percentage of your return in income, which is highly taxed. Then, when you got to retirement, you’d move over to value where you’d have less volatility, and a higher i...
by retiringwhen
Wed Sep 12, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6458

Re: Why do we expect TSM to keep growing?

What makes the portion of economy represented by stocks grow? Portion of the Chinese economy represented by the stock market in 1990: 0%. In 2018: ~65% (https://fred.stlouisfed.org/series/DDDM01CNA156NWDB), for example. A company going public makes the portion increase, when it goes private makes i...
by retiringwhen
Wed Sep 12, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6458

Re: Why do we expect TSM to keep growing?

I don't think productivity has to keep increasing for the stock market to continue providing positive returns (in the long run, it goes without saying). There is a well know formula that breaks future returns in terms of: dividend payout, earnings growth, changes in valuation. If we assume that cha...
by retiringwhen
Wed Sep 12, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 978

Re: 2005 honda accord door problems

Your car sounds a bit like my 2002 Honda CR-V. A couple of years ago the key fob quit working - actually sort of quit working. If the driver's door is locked, pressing lock on the key fob will lock the other doors. If the driver's door is unlocked, pressing the key fob will unlock the other doors. ...
by retiringwhen
Wed Sep 12, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 978

Re: 2005 honda accord door problems

the right rear door of my 2005 Accord can only be opened from the outside. i asked a mechanic for a quote to repair. he told me he wouldn't know how much the repair cost would be until he takes it apart. ( i vaguely remember he would charge $100-$150 to takes apart the door). that was almost a year...
by retiringwhen
Wed Sep 12, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 978

Re: 2005 honda accord door problems

the right rear door of my 2005 Accord can only be opened from the outside. i asked a mechanic for a quote to repair. he told me he wouldn't know how much the repair cost would be until he takes it apart. ( i vaguely remember he would charge $100-$150 to takes apart the door). that was almost a year...
by retiringwhen
Wed Sep 12, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

I don't think the skip-a-latte advice is all that great, and I remember at that age finding it somewhat insulting, to be honest. The idea that if anyone has any discretionary money they're an irresponsible slacker who needs to be educated really isn't a fair assumption, and however well intentioned...
by retiringwhen
Wed Sep 12, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

I don't think the skip-a-latte advice is all that great, and I remember at that age finding it somewhat insulting, to be honest. The idea that if anyone has any discretionary money they're an irresponsible slacker who needs to be educated really isn't a fair assumption, and however well intentioned...
by retiringwhen
Wed Sep 12, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

If they abstained from 1 micro-brew visit and 1 Starbucks (located next door to our office) trip per week, they could be well on their way to funding their retirement! I'm frankly tired of these "skip a Starbucks a day and in 30 years you'll be a gazillionaire!" type stories. The AFTER-INFLATION, p...
by retiringwhen
Wed Sep 12, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3528

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

Based on the following article from May, it appears that something I had not considered before may be much more important to Fidelity than stealing inflows from other customers fund providers. It is keeping the money from flowing OUT of Fidelity. They have been bleeding for at least a decade. IF the...
by retiringwhen
Wed Sep 12, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3528

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

$1 billion is all that they've gotten? Vanguard's Total Stock Index and Total International index funds have combined assets of $1.1 trillion . It doesn't seem that investors are leaving Vanguard in droves yet at least. Anyone know where to see current numbers for inflows overall to Vanguard and Fi...
by retiringwhen
Wed Sep 12, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6458

Re: Why do we expect TSM to keep growing?

We could reach a plateau where the NAV doesn't increase and all you are left with are dividends. How? That seems unlikely, I guess we could have zero economic growth, but I doubt that is a tenable status. I would think any extended period with a lack of growth would cause a major drop in NAV due to...
by retiringwhen
Wed Sep 12, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

Maybe you could show a comparison of the value of contributing $5,000/year to the 401k with an average 7% return at various ages & an age 65 retirement: -age 25 (40 years until age 65 retirement) $1,068,048 -age 30 $739,567 -age 40 $338,382 -age 50 $134,440 -age 60 $30,766 I got this from moneychim...
by retiringwhen
Wed Sep 12, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6458

Re: Why do we expect TSM to keep growing?

Another exception could be the fewer companies participate in publicly traded equity markets. That has not happened over a significant time period that I know of when measured by market capitalization.
by retiringwhen
Wed Sep 12, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 63
Views: 6458

Re: Why do we expect TSM to keep growing?

The first principle is that aggregate economic activity and profits have been growing for as long as it can be tracked in Western Market economies. When speculation is removed from the equation, the value of all of the companies participating in public markets must go up to reflect these increases i...
by retiringwhen
Wed Sep 12, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2050

Re: 401k "advice" to my associates

Does your 401K administrator have any materials you can use? I know Vanguard is always sending me video emails, blogs and newsletters via our company for my plan that encourage various aspects of the value of participating. You may ask them. BTW, as mentioned above, the aha moment comes at different...
by retiringwhen
Wed Sep 12, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: I have 401k investments - what about my Roth IRA?
Replies: 8
Views: 425

Re: I have 401k investments - what about my Roth IRA?

I'd invest in a Total Stock Market Index Fund and/or a Total International Index Fund. Easy peasy! easiest way to go may be to buy VT (Total World Stock ETF). Give you some international in your overall AA and give you some diversification in your most valuable tranche from a tax treatment perspect...
by retiringwhen
Wed Sep 12, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2356

Re: Hypothetical Question - Market Timing

There was a correction earlier this year. What did you do when that happened? Nothing. I’ve been in a retirement target fund until I recently rolled my E*TRADE IRA over to vanguard. Now my money is in the money market account. Once I invest I will not be touching my portfolio (only rebalancing). So...
by retiringwhen
Tue Sep 11, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale rules help
Replies: 25
Views: 1060

Re: Wash Sale rules help

There is a much simpler way to do this if you are willing to use different Funds. 1.) Our household has several IRAs of different ownership and type (8 to be exact) and 4 taxable brokerage accounts. Plus my 401(k). 2.) My 401(K) only allows synthetic 3-fund configurations, Index 500 (VOO) + Extende...
by retiringwhen
Tue Sep 11, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale rules help
Replies: 25
Views: 1060

Re: Wash Sale rules help

There is a much simpler way to do this if you are willing to use different Funds. 1.) Our household has several IRAs of different ownership and type (8 to be exact) and 4 taxable brokerage accounts. Plus my 401(k). 2.) My 401(K) only allows synthetic 3-fund configurations, Index 500 (VOO) + Extended...
by retiringwhen
Thu Sep 06, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 257
Views: 24344

Re: U.S. stocks continue to soar!

oldzey wrote:
Sat Sep 01, 2018 7:03 pm
Engineer250 wrote:
Sat Sep 01, 2018 4:35 pm
SGM wrote:
Wed Aug 29, 2018 11:06 am

I thought I was overly-bullish in my prediction (2986.42) for the Boglehead Contest 2018, but the S&P 500 Index is currently at 2901.52. :shock: :thumbsup
it is much too early to celebrate. I voted for 3% price appreciation this year @ 2764.24

My number is still within range.
by retiringwhen
Wed Sep 05, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 19
Views: 1894

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

Do you have to worry about wash sales if you go in and out of VUSXX a lot? No, it is a money market that keeps @ $1/share... I buy and sell out of ours regularly, no issues. just need to keep $50K minimum as that is the minimum balance. Isn't the 50K figure just the opening minimum amount on this f...
by retiringwhen
Wed Sep 05, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 19
Views: 1894

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

caliguy1 wrote:
Wed Sep 05, 2018 11:31 am
Do you have to worry about wash sales if you go in and out of VUSXX a lot?
No, it is a money market that keeps @ $1/share...

I buy and sell out of ours regularly, no issues. just need to keep $50K minimum as that is the minimum balance.
by retiringwhen
Wed Sep 05, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3091

Re: re: data collection of transactions

I don't see the value -- for anyone -- to collect these data about me and my transactions. What can they do with such data? There are no ads on websites that I visit. But, I only visit about 50 each day. I mute all commercials on TV. And, am watching more commercial-free shows. And, yes I do unders...
by retiringwhen
Wed Sep 05, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3091

Re: Google's secret deal with MasterCard to buy all your CC transactions

I'm presuming the publication on those media sites was also a legal activity? It your activity was interesting or potentially controversial, well, that's pretty much what media sites do. I did not pursue any detailed legal analysis but it appears that the data collector was not a journalist in a tr...
by retiringwhen
Wed Sep 05, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3091

Re: Google's secret deal with MasterCard to buy all your CC transactions

But, I have first hand experience with consequences of driving a car on a public road while engaged in a 100% legal activity. My car was photographed with license plate exposed and published on media sites by people who disagreed with my decision to engage in a legal activity and to expose the fact...
by retiringwhen
Wed Sep 05, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: HVAC annual contracts vs yearly annual cleaning
Replies: 32
Views: 2203

Re: HVAC annual contracts vs yearly annual cleaning

I view the need for a "tune up" of a modern natural gas furnace & AC system akin to a "tune up" of most any car bought in the past decade. Unless there's an issue, just change the filter and clean the outside unit annually. why do people discuss cleaning the outside unit? how does it get dirty? Nev...
by retiringwhen
Wed Sep 05, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3091

Re: Google's secret deal with MasterCard to buy all your CC transactions

I knowingly give up transaction information to sites like Ebates and RetailMeNot in exchange for money. I'm upset that Google didn't give me my cut. I heard a pithy statement once. If you aren't paying for something, then YOU are the product. eBates, etc. are all pretty honest and up front by payin...
by retiringwhen
Wed Sep 05, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3091

Re: Google's secret deal with MasterCard to buy all your CC transactions

If you care about privacy in the slightest, use cash. And don’t drive a car to the point of sale. Or walk on streets of any municipality over 100 People since your movements are closely tracked via multiple tools including RFID, camera, license plate readers ... Definitely do not carry even a dumb ...
by retiringwhen
Wed Sep 05, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 21
Views: 2230

Re: Why does Vanguard not give percentage for YTD returns?

Vanguard gives percentage rate of return for 1 year, 3 year, etc., but not for YTD return. Is there a way to get YTD return on the Vanguard website? Or do I need to figure it out myself? If I must figure it myself, can someone help with a reliable method? Thanks. I called VG more than a year ago ab...
by retiringwhen
Wed Sep 05, 2018 5:35 am
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 19
Views: 1894

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

The answer probably depends on the tax rate of the state you live in. - VSUXX , being a treasury fund, is only taxable at the federal level. - VMMXX is taxable at both federal and state levels. - VMFXX is more complicated, but in general is partially taxable at only the federal level, and partially...
by retiringwhen
Tue Sep 04, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 19
Views: 1894

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

Just wondering if you need to get highest level of safety, liquidity and reasonable rate of return which investment vehicle is most suitable? $200,000 to invest Personally I would go with VUSXX as it is backed by the same organization as the FDIC insurance (Uncle Sam). you'd get the same level of s...
by retiringwhen
Tue Sep 04, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 21
Views: 2230

Re: Why does Vanguard not give percentage for YTD returns?

I have always assumed that they don't provide a YTD as it would be misleading against full year and multi-year CAGR rates provided for the other time ranges. I know from my own attempts at creating reporting tools that the YTD percentage can be very easily misunderstood and mis-compared. Clearly Va...
by retiringwhen
Tue Sep 04, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 21
Views: 2230

Re: Why does Vanguard not give percentage for YTD returns?

Vanguard gives percentage rate of return for 1 year, 3 year, etc., but not for YTD return. Is there a way to get YTD return on the Vanguard website? Or do I need to figure it out myself? If I must figure it myself, can someone help with a reliable method? Thanks. Other folks are answering the conte...
by retiringwhen
Tue Sep 04, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard free RMD service
Replies: 5
Views: 993

Re: Vanguard free RMD service

From Vanguard item above, note: Are a retired participant of an employer-sponsored plan of which Vanguard is the custodian, except 401(k)s. Enroll online for RMD calculation only. Request distributions separately. Sounds like there are plan specific concerns about 401(K) accounts, I would call them ...
by retiringwhen
Mon Aug 27, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Losses on Equities in Estate Account
Replies: 8
Views: 492

Re: Losses on Equities in Estate Account

I know it’s water under the bridge, but it’s a huge mistake for an executor to hold stocks for two years in an estate without the specific agreement of the beneficiaries to take in kind. You run the risk of personal surcharge and very unhappy beneficiaries. Sell them now and pass the loss out to th...
by retiringwhen
Mon Aug 27, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Losses on Equities in Estate Account
Replies: 8
Views: 492

Re: Losses on Equities in Estate Account

I know it’s water under the bridge, but it’s a huge mistake for an executor to hold stocks for two years in an estate without the specific agreement of the beneficiaries to take in kind. You run the risk of personal surcharge and very unhappy beneficiaries. Sell them now and pass the loss out to th...
by retiringwhen
Mon Aug 27, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Losses on Equities in Estate Account
Replies: 8
Views: 492

Re: Losses on Equities in Estate Account

I see two fundamental choices, but don't know the consequences. Choice 1.) Sell the stocks in the estate account, then distribute the proceeds as cash to the beneficiaries. Choice 2.) Transfer the stocks in-kind to one or more of the beneficiaries as decided by the Executor. I found a bit of Intern...
by retiringwhen
Mon Aug 27, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Losses on Equities in Estate Account
Replies: 8
Views: 492

Re: Losses on Equities in Estate Account

Doesn't the basis reset when the funds are inherited? Seems like either option would be the same as far as the recipients are concerned. Actually basis is reset at the time of death of the decedent, but the values went down after he passed away and before the Executor was in a position to decide on...
by retiringwhen
Mon Aug 27, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Losses on Equities in Estate Account
Replies: 8
Views: 492

Losses on Equities in Estate Account

So, I have a question I don't know how to address. Suppose an Estate, while being probated, retained a number of individual stocks in the Estate investment account for nearly 2 years. During that time, those stocks lost money between the death of the decedent and the final distribution. Also, assume...
by retiringwhen
Mon Aug 27, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1046
Views: 80648

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

However, in cases like China, we can only invest and hope free markets work it out for us. We don't control enough to have influence beyond that. See the post directly above your response. The problem is that many Stock Markets are NOT free markets objectively stated... China's market is one of the...
by retiringwhen
Wed Aug 22, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 69
Views: 4568

Re: You Invest from JP Morgan [free trades offer]

My retired, middle-class, father walked into Chase to deposit a check. Someone from their "private client desk" walk up behind him and before his deposit was complete walked him to his desk. The representative then convinced my father to invest his savings account (rainy day fund) into a "conservat...
by retiringwhen
Tue Aug 21, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1046
Views: 80648

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

4) The chart as presented could lead one to believe that you could exploit a "pattern". For example, as soon as either index takes the lead, buy it quick and hold for 7.3 years because it looks like you never get a bad second year once a new cycle begins....This is very misleading. There are (and h...