Search found 69 matches

by fipt2030
Wed Mar 14, 2018 3:34 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8697

Re: simplifying my financial life -- should i get rid of treasury direct?

anoop wrote:
Wed Mar 14, 2018 3:32 pm
Darth Xanadu wrote:
Wed Mar 14, 2018 3:22 pm
Doesn't that hassle exist for every single portfolio account one owns?
From what I have read here in the past, it is a much bigger hassle with TD because their customer support is poor.
The person handling it need access to that persons email id , number and password
by fipt2030
Wed Mar 14, 2018 3:17 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8697

Re: simplifying my financial life -- should i get rid of treasury direct?

Wow, is that such a big hassle dealing with TD I am 20 yrs (hopefully) from retirement and just started buying both Saving bonds for both of us, to diversify our bond holdings. In 20 years they could be 20% of our portfolio, and happy with their place to meet our needs in 20 years What am I missing...
by fipt2030
Wed Mar 14, 2018 3:03 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8697

Re: simplifying my financial life -- should i get rid of treasury direct?

Wow, is that such a big hassle dealing with TD
I am 20 yrs (hopefully) from retirement and just started buying both Saving bonds for both of us, to diversify our bond holdings.
In 20 years they could be 20% of our portfolio, and happy with their place to meet our needs in 20 years

What am I missing
by fipt2030
Mon Feb 19, 2018 2:32 pm
Forum: Personal Investments
Topic: Question regarding tax rate in retirement
Replies: 11
Views: 1762

Re: Question regarding tax rate in retirement

My question: it would seem to me that my tax rate in the 'early' retirement years would be low, given I would expect to either not be working or working in a much reduced capacity. And that the money I'd be using to live off of would already have been subject to taxation, so not treated as income l...
by fipt2030
Thu Feb 15, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 11479

Re: Can someone help me explain to my wife...?

aristotelian wrote:
Thu Feb 15, 2018 10:04 am
dziuniek wrote:
Wed Feb 14, 2018 10:29 pm
Sell her half.

Keep your half.

Compare in 40 years.

Enjoy the 'I told you so' :)
+1. Her risk tolerance is valid. So is yours. Generally men explaining stuff to women doesn't end well.
👍
by fipt2030
Sat Feb 10, 2018 4:49 pm
Forum: Personal Investments
Topic: No DFA Forums?
Replies: 8
Views: 1216

Re: No DFA Forums?

White Coat Investor wrote:
Sat Feb 10, 2018 4:41 pm
Why would DFA fund holders need to talk to anyone? Why wouldn't they just talk to their advisor? :)
To compare our DFA fund returns and if they are doing any better and debate the “access fees”

So far my experience has been meh

Not too inspired at this point, will see by year end
by fipt2030
Fri Feb 09, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 15960

Re: "The stock market is officially in a correction... here's what usually happens next"

Okay, I'll admit it. I'm a market timer now. It started in 2009 when I went from 70/30 to 100% equities because they were cheap IMO. Stayed 100/0 until Oct 2017- went to 30/70 because equities are overpriced IMO. When my FB friends were posting their 401k statements online, I went to 20/80. I'll ge...
by fipt2030
Fri Feb 02, 2018 12:17 pm
Forum: Personal Investments
Topic: I BONDS Maturing in 2030
Replies: 42
Views: 3765

Re: I BONDS Maturing in 2030

We are in early 40’s, made some risky RE and other private stock investments which decreased our market risk appetite. Hoping to meet our expenses from age 60 with maturing EE/I Bonds plus SS from 70 and finally Muni bond portfolio ( present portfolio should reach 2M by age 60 at 2.5-3% PA) income. ...
by fipt2030
Tue Jan 30, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2124357

Re: U.S. stocks in freefall

Why would increasing bond yields be a factor? Economists who are nerds looking at stuff I don’t want to comprehend and who don’t follow day to day gyrations of the market ( my advisor happened to be one) are less bullish than us. He did send us the quarterly letter last week saying , no reason for ...
by fipt2030
Sat Jan 27, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 67
Views: 9877

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

I was talking to a couple of ladies a few days ago about putting in a new heat and air system in a house. I mentioned that I could get a new H&A system installed in the house for around $4k. They said, "who's got four thousand dollars". Where I live, there are a lot of people in that boat. I think ...
by fipt2030
Fri Jan 26, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 67
Views: 9877

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

My plan is to have $1 million in hi quality bonds. This represents over 10 yrs in life expenses. The rest is in stocks irrespective of the % stock to bond allocation. I continue to work and am 2-5 yrs from retirement and continue to save 50% bonds and 50% stocks. The 50% bonds savings is primarily ...
by fipt2030
Thu Jan 25, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 9478

Re: How do you decide how wealthy you really are?

czeckers wrote:
Thu Jan 25, 2018 11:57 am
Wealthy = having more wealth than your wife's friends. :twisted:
Cracked me up
by fipt2030
Wed Jan 17, 2018 5:21 pm
Forum: Personal Investments
Topic: Bond investing for a very long retirement?
Replies: 35
Views: 3145

Re: Bond investing for a very long retirement?

I am looking for some advice in regard to my bond allocation given that I am looking at a potentially 60 year retirement that I plan to start in 2018. Age: 41 Tax bracket now 33%/0% STATE, in retirement it could be 0% fed rate, 12% or 22% depending on what I do with my bonds Annual expenses 40K Por...
by fipt2030
Thu Jan 04, 2018 12:29 pm
Forum: Personal Investments
Topic: Grandad gifted FAGIX in UTMA account
Replies: 17
Views: 2135

Re: Grandad gifted FAGIX in UTMA account

Great info on UTMA
by fipt2030
Mon Jan 01, 2018 12:48 pm
Forum: Personal Investments
Topic: Pay off mortgage due to new tax law
Replies: 39
Views: 8337

Re: Pay off mortgage due to new tax law

Doesn’t AMT negate any tax benefits of SALT and Mortgage interest Mortgage interest is still deductible under the AMT. State and local taxes are not deductible under the AMT, but under the new tax law, they are a fixed $10K deduction for most taxpayers who do pay AMT, so the AMT is not relevant the...
by fipt2030
Mon Jan 01, 2018 11:28 am
Forum: Personal Investments
Topic: Pay off mortgage due to new tax law
Replies: 39
Views: 8337

Re: Pay off mortgage due to new tax law

Doesn’t AMT negate any tax benefits of SALT and Mortgage interest
by fipt2030
Tue Dec 19, 2017 10:02 pm
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

I'm glad that you are more comfortable with your portfolio. I would not have added to the private REIT, actually I would not have gone into it for the first 250k, but as long as your good. The REIT isn’t just a stock purchase, we own percentage of physical assets. If things go as planned ( the earl...
by fipt2030
Tue Dec 19, 2017 10:00 pm
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

Double post
by fipt2030
Tue Dec 19, 2017 7:50 pm
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

Thanks for all the input, getting needed financial education nudged me to implement the same plan suggested before which gave me cold feet. We divided the total portfolio into tax deferred with better risk tolerance and taxable. Moved all tax deferred worth 600K into equities, 55% US and 45% Interna...
by fipt2030
Tue Dec 19, 2017 6:32 pm
Forum: Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 6772

Re: When to move into bonds

I am 61 and at 50/50. I don't want to lose a lot if stocks go down and stay down. And this year at 50/50. I have still done avout 13% return. My portfolio still has enough stocks to grow. Last thing -'don't be greedy - realize you are at a point in life where you need to preserve too. +1 I could no...
by fipt2030
Sun Dec 10, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 32
Views: 2850

Re: Do DFA Funds have lower trading costs than Index Funds?

I recently attended a DFA foundations conference in which they described their factor based investment strategy One thing mentioned at the conference which really stood out to me was that they stated the overall trading costs of their funds was lower than both active and index fund counterparts. In...
by fipt2030
Tue Dec 05, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 6578

Re: Mortgage is About To Be Paid - I'm Scared!

Grt2bOutdoors wrote:
Mon Dec 04, 2017 8:08 pm
When you pay off your mortgage, redirect the old payment amount to a taxable account that is equity heavy. Then, you can worry about the value declining every day because .... fill in the blank. Worries never really go away, they just change from one thing to the next.
Amen to that
by fipt2030
Sat Nov 18, 2017 5:35 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 162
Views: 23205

Re: Is holding bonds now dangerous?

Stocks are a much bigger risk for negative real return and with much bigger downside. If you want to time the market, you could hold short term bonds. Or, if you find principal loss to be unacceptable, you could hold individual bonds. Holding individual bonds sounds better Actually the net result o...
by fipt2030
Sat Nov 18, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 162
Views: 23205

Re: Is holding bonds now dangerous?

aristotelian wrote:
Sat Nov 18, 2017 8:47 am
Stocks are a much bigger risk for negative real return and with much bigger downside. If you want to time the market, you could hold short term bonds. Or, if you find principal loss to be unacceptable, you could hold individual bonds.
Holding individual bonds sounds better
by fipt2030
Sat Nov 11, 2017 6:34 pm
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

Thanks for chiming in, we came to this conclusion - Use 1M to build a Muni bond ladder, with AA and above, GO bonds ( Revenue bonds for water utilities and gas pipeline companies are O.K) upto 10 year term and keep them to maturity Why add the complexity of a ladder of individual munis when you cou...
by fipt2030
Sat Nov 11, 2017 7:38 am
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

Thanks for chiming in, we came to this conclusion - Use 1M to build a Muni bond ladder, with AA and above, GO bonds ( Revenue bonds for water utilities and gas pipeline companies are O.K) upto 10 year term and keep them to maturity That’s about 1.6 M in bonds (taxable account)and bond funds (tax def...
by fipt2030
Fri Nov 03, 2017 7:51 am
Forum: Investing - Theory, News & General
Topic: My (general) contacts with Treasury Direct re loss & liability
Replies: 46
Views: 8916

Re: My (general) contacts with Treasury Direct re loss & liability

My wife and I both have Treasury Direct accounts, but it creeps us out, and we have an ongoing debate over whether we should get out, precisely because of such loss liability concerns and the obligation placed on the customer to create a paper trail (for the benefit of heirs or an executor, for exa...
by fipt2030
Mon Oct 30, 2017 8:45 pm
Forum: Personal Investments
Topic: Muni Bond Ladder
Replies: 7
Views: 914

Re: Muni Bond Ladder

Yep, he advises bond ladder if you can invest 1 M
by fipt2030
Mon Oct 30, 2017 3:01 pm
Forum: Personal Investments
Topic: Muni Bond Ladder
Replies: 7
Views: 914

Re: Muni Bond Ladder

Will do, thank you
by fipt2030
Mon Oct 30, 2017 2:53 pm
Forum: Personal Investments
Topic: Muni Bond Ladder
Replies: 7
Views: 914

Re: Muni Bond Ladder

I agree, but if you plan on holding till maturity, it would help downplay the volatility like in a 10 year bond ladder
by fipt2030
Mon Oct 30, 2017 2:42 pm
Forum: Personal Investments
Topic: Muni Bond Ladder
Replies: 7
Views: 914

Muni Bond Ladder

Any thoughts on Bond ladder vs Bond funds ( Muni) I am leaning towards building one diversified as suggested by Larry ( 1 Million taxable) , just don’t care for price volatility of bond funds if Feds do increase rates. I don’t need this money for 20-30 years Anyone tried it with FA/Brokerage help, w...
by fipt2030
Mon Oct 30, 2017 7:07 am
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 6924

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

Stocks are up today and bonds (VBTLX) fall. Stocks were falling yesterday and bonds also fall. Has everyone holding bond funds simply made peace with the fact that bonds are practically useless until there is a 25%+ drop in the market? I can't convince myself to keep holding bonds. I love bonds and...
by fipt2030
Fri Oct 27, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 11037

Re: Can I retire today?

OP, If I have enough money to retire, why would I stressed out with my manager? I just say no to anything that I do not like. The stress would be on my boss. Anyhow, this is just my opinion. KlangFool KlangFool, I agree with your sentiment. It has been difficult to walk away until now because a fam...
by fipt2030
Thu Oct 26, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to a K-1. What do I need to know?
Replies: 15
Views: 2252

Re: Moving to a K-1. What do I need to know?

If you haven’t already, look into the availability of more tax deferred savings such as Solo 401K through K1
by fipt2030
Wed Oct 25, 2017 8:43 am
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

Will be converting them to Roth IRA’s and keep building that part of tax deferred part of portfolio
by fipt2030
Wed Oct 25, 2017 5:22 am
Forum: Personal Investments
Topic: 2M savings investment help
Replies: 49
Views: 11176

Re: 2M savings investment help

I am taking the advice given seriously and first note to myself is to educate myself. Haven't done anything with the money yet. Lord Abbott fund is the only thing available in my 401K for bond funds and at 0.94% ER, it's not a great fund.
by fipt2030
Tue Oct 24, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 356
Views: 186020

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

I am sitting on cash and my AA asks for more bond funds in taxable account, with rates supposed to go up in Dec, want to invest only in short term bond funds (prefer Muni, higher tax bracket) to avoid the price volatility. Their yield is comparable to a CD, why not just place that money in 6-9 month...
by fipt2030
Tue Oct 24, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 54634

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Yes, I am sure

I interviewed one other Asset manager using DFA funds, wanted 1% AUM fees, said no thanks
by fipt2030
Fri Oct 20, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 54634

Re: Does anyone here with net worths north of $1 mil use financial advisors?

What if he charges flat fee, comparable to AUM fees of 0.1% and prefers DFA funds Vanguard bond funds and bounce off things Totally new to AA That doesn't sound terrible. DFA funds have pretty much tracked their corresponding indices (See https://www.wsj.com/articles/dfa-funds-are-booming-but-that-...
by fipt2030
Fri Oct 20, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 54634

Re: Does anyone here with net worths north of $1 mil use financial advisors?

What if he charges flat fee, comparable to AUM fees of 0.1% and prefers DFA funds Vanguard bond funds and bounce off things


Totally new to AA
by fipt2030
Mon Oct 16, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: LLC vs Irrevocable Trust vs Dynasty Trust
Replies: 9
Views: 3221

Re: LLC vs Irrevocable Trust vs Dynasty Trust

Have a consult scheduled this Friday
by fipt2030
Sun Oct 15, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: LLC vs Irrevocable Trust vs Dynasty Trust
Replies: 9
Views: 3221

Re: LLC vs Irrevocable Trust vs Dynasty Trust

Any thoughts/ experience in setting up an LLC for a seven figure,Joint taxable account for asset protection/ liability purpose ( already have umbrella insurance too) and keep that LLC in living family trust Estate planning documents are ready to go, money is in brokerage account waiting to be invest...
by fipt2030
Sun Oct 15, 2017 11:59 am
Forum: Personal Investments
Topic: Little as possible for govt
Replies: 9
Views: 1775

Re: Little as possible for govt

You have two weeks to interview and 2 months to figure out with those professionals how to structure the payout, where to keep it and secure it

I wish I did that, paid 7 times yearly expense worth as taxes on a
15 year expense worth payout
by fipt2030
Fri Oct 13, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 120
Views: 21610

Re: Bitcoin: What is it, in Plain English

It's more likely he 10-20M now

How about investing in similar currencies which are cheap to acquire with increasing values and market share like Xplay
by fipt2030
Tue Oct 10, 2017 9:43 pm
Forum: Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 7594

Re: Anesthesiologist Advise [how to save money]

No Sarcasm, I hear you about CPA/Attorney, I did get duped by them My basic knowledge of things saved me, it worked out at the end I honestly don't think anyone here will take advice seriously without verifying themselves You seem to be an intense and thorough at what you do,👍 Can you comment on my ...
by fipt2030
Tue Oct 10, 2017 8:08 pm
Forum: Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 7594

Re: Anesthesiologist Advise [how to save money]

Spirit rider, You are right
I guess I shouldn't have paid my attorney and CPA , shouldn't have filed an S Corp
by fipt2030
Tue Oct 10, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 18545

Re: 100% in bond to wait for market crash?

I admit, I am clueless with investments
by fipt2030
Tue Oct 10, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 18545

Re: 100% in bond to wait for market crash?

inbox788 wrote:
Tue Oct 10, 2017 5:21 pm
fipt2030 wrote:
Tue Oct 10, 2017 5:16 pm
Where do you get 2% in CD's ?
https://ratebrain.com/5-year-cd
Thank you
by fipt2030
Tue Oct 10, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 18545

Re: 100% in bond to wait for market crash?

Where do you get 2% in CD's ?