Search found 419 matches

by MrPotatoHead
Mon Jun 25, 2018 1:47 am
Forum: Investing - Help with Personal Investments
Topic: paid financial advisors
Replies: 6
Views: 913

Re: paid financial advisors

You did not indicate how much money you are talking about. I am assuming your total nut is upwards of 2 million. In that case what you want is a fee only financial planner. In your case in particular I would lean to someone from the American College with a CHFC vs a CFP. A CPA with a CHFC would actu...
by MrPotatoHead
Mon Jun 25, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 9720

Re: Stocks vs. rental property

Dear experts, I was wondering if you think investing (say 1 million dollars for example) in rental property may be better than stocks and bonds? Because rental property would provide appreciation as well as monthly incoming though there is always the pain of not being able to find tenants? Or shoul...
by MrPotatoHead
Sun Jun 24, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: To sell or not sell individual stocks
Replies: 6
Views: 608

Re: To sell or not sell individual stocks

You do not indicate if you have children AND if so, do you intend for them to inherit? If so, I would attempt to hold them indefinitely and allow them to inherit the stepped up cost basis unless you can sell it off in a zero % tax bracket now. However I would go to library and look at determine if V...
by MrPotatoHead
Sun Jun 24, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is this all investing is?
Replies: 38
Views: 3771

Re: Is this all investing is?

Get serious about yourself---your real self, you as a person. What can you achieve in a lifetime besides early retirement. Is this all investing is? Yes, that is all it is----it is only the first step to gain security and make other, more important things possible. Investing is not the meaning of l...
by MrPotatoHead
Sat Jun 23, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to help my teen (14) grow their savings faster?
Replies: 18
Views: 1666

Re: How to help my teen (14) grow their savings faster?

Okay I’ll be the odd man out. First I’ll hit you with a harsh reality I know only too well. You can die at anytime. That means your parenting, which amounts to the healthful and helpful transition guidance from a child, to an adolescent, to a person able to take on, evaluate and thrive with adult re...
by MrPotatoHead
Sat Jun 23, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 19
Views: 3441

Re: Fidelity Money Market Funds for everyday expenses

This is exactly what I want to do, get out of Ally and consolidate more to Fido. This is for short term savings (vacation in 6 months, escrow for property taxes, etc.) What are the restrictions for buying and selling these funds? Is there a minimum holding period? It seems like I can just swap out ...
by MrPotatoHead
Sat Jun 23, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 73
Views: 8253

Re: Do you invest in Real Estate ? Why ?

Folks, 1. Do you invest in Real Estate ? 2. If yes, Why do you invest ? Cash Flow vs 3-Fund-Portfolio ? 3. If not, Why not ? I'll appreciate if you please share any real experiences; My Financial Advisor advised me to consider Real Estate investments for Cash Flow diversification. 1. Yes 2. Because...
by MrPotatoHead
Sat Jun 23, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is this all investing is?
Replies: 38
Views: 3771

Re: Is this all investing is?

I get retiring early but... Exactly what is the point of living at such a frugal level that you feel an emptiness inside you? Do you intend to greatly increase your spend when you retire? Otherwise doesn't retirement essentially means you will continue to live at the same level and simply feel empti...
by MrPotatoHead
Fri Jun 22, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 65
Views: 5599

Re: [100% stock, uncomfortable with international]

I had bought the academic argument on this one since the 1980s. My view has since changed. As I have begun to travel internationally and attempt to conduct business in other countries I experienced the difference between what I consider academic theory and reality. Though other countries may be nice...
by MrPotatoHead
Fri Jun 22, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: Factor Investing Makes Someone Money, But Maybe Not You
Replies: 126
Views: 9072

Re: Factor Investing Makes Someone Money, But Maybe Not You

Factor investing is discussed ad nauseam on this forum. Lately, it has reached the point were investors who shouldn’t do factor investing become confused to the point of believing they should or they’ll miss out on something. Let’s correct that. Factor investing is complex and the “optimal” way to ...
by MrPotatoHead
Fri Jun 22, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Hire financial advisor?
Replies: 25
Views: 1671

Re: Hire financial advisor?

I am nearly 70 years old, and I've been fortunate enough not to have had to draw from my retirement accounts during the first 5 years of my retirement. I will be taking RMDs in 2019, and I think it's time to simplify my investments. Although I've always managed my own accounts, I'm trying to decide...
by MrPotatoHead
Fri Jun 22, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Income Annuities
Replies: 20
Views: 1148

Re: Income Annuities

Recently met with my Fidelity advisor... ...suggested income annunities to fund essential expenses... ...Other income comes from social security If I understood you post correctly as long as the equation is as follows: Annual expenses - SS = deficit to be made up for by SPIA then I think it is a so...
by MrPotatoHead
Fri Jun 22, 2018 1:58 am
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3406

Re: is Ed Jones always bad news?

Only in Bogleheads dreamland is the alternative to Edward Jones a self managed low cost index fund portfolio. Dream on. The alternative is going to be single stock picking, bitcoin, Whole life (and its ugly cousins), and screening for mutual funds that had the highest performance. That's what norma...
by MrPotatoHead
Thu Jun 21, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Steep rise in "Old Age Dependency Ratio"
Replies: 15
Views: 2019

Re: Steep rise in "Old Age Dependency Ratio"

VictoriaF wrote:
Thu Jun 21, 2018 5:12 pm
I am waiting for service jobs to be outsourced to robots.

From what I've seen, in Japan they have robots taking care of the elderly. I'd be more comfortable with a robot than many human caregivers. I'll call him Bob.

Victoria
This.
by MrPotatoHead
Thu Jun 21, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing Ally/Synchrony CDs through Fidelity
Replies: 5
Views: 923

Re: Purchasing Ally/Synchrony CDs through Fidelity

Thank you for the info. Appreciate it. You are very welcome. As an FYI, I think Fidelity has the best fixed income help desk in the industry. It is a separate phone number with dedicated specialist but I found them even more helpful than Schwab(which surprised me) and certainly far above Vanguard w...
by MrPotatoHead
Thu Jun 21, 2018 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3406

Re: is Ed Jones always bad news?

This is likely a rhetorical question I am guessing, but -- does EJ offer any low-cost index funds? My father recently offered up the fact that he was putting the proceeds of his annuities, into an EJ account. I facepalmed twice for that statement. I tried to steer the conversation towards index fun...
by MrPotatoHead
Thu Jun 21, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 3311

Re: Is technology the reason for low inflation?

For all the talk about it, outsourcing in India is not a huge employer. I am guessing 1 million people - a drop in their bucket. And say each outsourced job saves the employer $30k, then that's only $30bn pa - double numbers and double savings to $60k and that's only $120 billion. It is just starti...
by MrPotatoHead
Thu Jun 21, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Steep rise in "Old Age Dependency Ratio"
Replies: 15
Views: 2019

Re: Steep rise in "Old Age Dependency Ratio"

Great post, thx1138, thanks for posting. A sobering note for those who believe future US and DM equity returns are going to be at long term levels of real return. Demography plus debt does not equal destiny but they certainly influence it. This is exactly why I am building assets for my adult child...
by MrPotatoHead
Thu Jun 21, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5015

Re: How much of your taxable holdings is unrealized capital gains?

I am 25 and have about 7% of unrealized capital gains in my taxable account. I take advantage of tax gain harvesting since I am in the lower tax brackets and pay 0% on LTCG. As someone has mentioned already about the tax deferred retirement fund like 401k and the gains adding up and hen being taxed...
by MrPotatoHead
Wed Jun 20, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 32
Views: 2324

Re: Is individual Bonds better than Bond Fund?

One thing that has changed of late is many municipal bond issues are now coming forward with only a single rating agency, meaning more due diligence is needed.

re:
http://www.governing.com/topics/finance ... trend.html
by MrPotatoHead
Wed Jun 20, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5015

Re: How much of your taxable holdings is unrealized capital gains?

I am not sure how much of a problem it is at all as long as you don't need to sell your taxable assets if you have mutual funds or etfs. Individual stocks except maybe Berkshire are a bit more problematic. I have significant unrealized capital gains but my plan always was to just collect the dividen...
by MrPotatoHead
Wed Jun 20, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 3311

Re: Is technology the reason for low inflation?

Medical inflation. Tuition inflation. You'd think these areas would be ripe for technology driven deflation. Correct me if I'm wrong, but we haven't seen it in tuition and health insurance premiums. I agree, but it's coming. Both have protectionist barriers to entry. I tried for year to get virtual...
by MrPotatoHead
Wed Jun 20, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 3311

Re: Is technology the reason for low inflation?

Technology enabled the internet which enabled the off shoring of knowledge jobs leading to a greater number of jobs to suffer from wage stagnation and thus curbing wage induced inflation to a great extent.
by MrPotatoHead
Tue Jun 19, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Engines Financial Advisor Question
Replies: 7
Views: 802

Re: Financial Engines Financial Advisor Question

You go the advice you need. Thank him for his time and stay on your own. You may wish to get a second opinion again in about 10 years. My real life observation is you need to review investments when there is a major life change and other then that once very 10 years or so suffices.
by MrPotatoHead
Tue Jun 19, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing Ally/Synchrony CDs through Fidelity
Replies: 5
Views: 923

Re: Purchasing Ally/Synchrony CDs through Fidelity

As long as you are under the FDIC limit you principle is secure. Be aware the FDIC does not (or at least did not; it been along time since I was in banking) cover the interest you earned so it may become relevant on a large denomination CD that compounds for many years. Also any acquiring bank can a...
by MrPotatoHead
Sun Jun 17, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: "Money Talk" Radio Program with Bob Brinker
Replies: 15
Views: 1805

Re: "Money Talk" Radio Program with Bob Brinker

Oh yeah, Brinker is the market timing wizard who went from 100% equities before Black Monday (Oct 19th 1987), to 0% equities after the crash (Jan 1988) and a 9.5% recovery, then never got back to being fully invested until July of 1990. Of course the market was up roughly 40% from his (Jan 1988) sel...
by MrPotatoHead
Sat Jun 16, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4822

Re: Flaw in Logic? CD ladder instead of bond funds

Tycoon wrote:
Fri Jun 15, 2018 3:09 pm
Hey! Wait a minute! This guy has 10 million and he didn't go to an Ivy? What? How did that happen?

Oops! Wrong Thread. :?
LOL! Much appreciated.
by MrPotatoHead
Sat Jun 16, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 61
Views: 5014

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "c...
by MrPotatoHead
Sat Jun 16, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 61
Views: 5014

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "c...
by MrPotatoHead
Sat Jun 16, 2018 2:06 am
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 61
Views: 5014

Re: Chipmunk problem

Try mixing peanut butter with plaster of paris and making them delicious little homemade peanut snacks.

I was told this would not work as advertised but I got rid of passel of ground squirrels and tree squirrels and this is what I attribute it to.
by MrPotatoHead
Sat Jun 16, 2018 1:42 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11894

Re: Which boglehead rule do you break--and are ok with

zaboomafoozarg wrote:
Fri Jun 15, 2018 3:00 pm
Unlike other Bogleheads, I don't have a $5,000 wristwatch. :D
Huh...I don't think I have had a wrist watch in over 40 years...
by MrPotatoHead
Sat Jun 16, 2018 1:33 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11894

Re: Which boglehead rule do you break--and are ok with

Like John Bogle I have no issue with holding a portfolio of individual stocks where as it seems most Bogleheads are adverse to it despite their namesake's approval. In summary costs do matter and these days you can buy for free at many institutions.
by MrPotatoHead
Fri Jun 15, 2018 1:26 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 29
Views: 2511

Re: Vanguard Managed Payout Fund

Something you might want to be aware of is in the past Vanguard has had to cut the monthly income payouts. For example on January 15th of 2010 Vanguard cut the monthly income payouts by more than 9%. At that point in time (Jan 2010) the payouts on its funds were down between 23 and 25.5% since incep...
by MrPotatoHead
Fri Jun 15, 2018 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Charles Schwab account
Replies: 25
Views: 2825

Re: Vanguard or Charles Schwab account

You are aware that Fidelity has extremely low cost index funds, or even better commission free etfs - right? For example ishares ITOT (total stock market) with a .03% ER. I am not sure why you would want to leave a brokerage with first tier customer service like Fidelity for a firm with customer ser...
by MrPotatoHead
Thu Jun 14, 2018 12:02 am
Forum: Investing - Theory, News & General
Topic: When did you start teaching your kids about investing ?
Replies: 6
Views: 668

Re: When did you start teaching your kids about investing ?

Starting at age 4. It was part of their homeschooling. They all learned how to calculate compound interest for CDs. The also got an allowance that came as a pretend pay check, complete with federal, state, and SS deductions. And they were instructed to save a bit for their retirement, which they did...
by MrPotatoHead
Wed Jun 13, 2018 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8939

Re: Getting killed on taxes - any ideas?

You are getting absolutely destroyed by people here, but I will say, I understand your point of view. With a high income, seeing the raw numbers come out somehow hurts worse than if you figure the actual tax rate which actually isn't that terrible, but to folks not making this sort of cash, its rea...
by MrPotatoHead
Wed Jun 13, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8939

Re: Getting killed on taxes - any ideas?

I think it was your use of the phrase “killed on taxes” that triggered many of the responses. While it may feel like you are paying a lot of taxes - probably more than you ever have in your life - you’re only paying your fair share of your very high income. Could not delete my post, so I removed my...
by MrPotatoHead
Wed Jun 13, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 73
Views: 7741

Re: Taking $1M+ Long Term Capital Gains

Sounds like you have a handful of concentrated individual stock positions with large capital gains, that you plan to sell, and immediately reinvest into a broad market index (ie, S&P500)? If so, I'd highly recommend you look into an exchange fund. This is a private placement fund that takes advanta...
by MrPotatoHead
Wed Jun 13, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8939

Re: Getting killed on taxes - any ideas?

Hello everyone, So here's my situation. My wife and I are in our 30s. We got a late start earning because we both went to graduate school. We still have student loan debt but are aggressively paying that off and it should be done in the next year. We are maxing our 401ks (she is limited to 10K due ...
by MrPotatoHead
Tue Jun 12, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting Social Security analysis
Replies: 16
Views: 2350

Re: Interesting Social Security analysis

I have no idea what a "Flexible Retirement Planner" is, but my understanding form the social security folks is nothing you do is suppose to make a difference in your expected payout. In other words they have an actuarial assumed neutral mandate so your total time value of money payout is theoretical...
by MrPotatoHead
Tue Jun 12, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3330

Re: Vanguard Advisor Services

and if not why not Point one, I believe in personal responsibility and a IPS. Point two, I cannot fathom what value add Vanguard could ever bring beyond the great service they did to all by being dominant in the market place and forcing other companies to offer low cost indexes. IMO, they simply ar...
by MrPotatoHead
Tue Jun 12, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Why don't we index the Nasdaq too?
Replies: 16
Views: 2103

Re: Why don't we index the Nasdaq too?

Blueskies123 wrote:
Tue Jun 12, 2018 4:52 pm
It is called QQQ
The OP needs to reach out to Bob Brinker and discuss the merits of the QQQ index - LOL!!!
by MrPotatoHead
Tue Jun 12, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 73
Views: 7741

Re: Taking $1M+ Long Term Capital Gains

Hmmm...first post a market timing post. That aside... Since these are individual stocks you may want to figure out your optimum capital gains strategy and look at put options in order to protect the remainder of what you cannot sell in a given year. The following url may prove useful if you wish to ...
by MrPotatoHead
Tue Jun 12, 2018 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Left Advisory Portfolio to do it myself and fear I made mess of things
Replies: 35
Views: 2720

Re: Left Advisory Portfolio to do it myself and fear I made mess of things

I think at present the picture is incomplete. First of all, I would not panic, there really is nothing amiss you just got a bit mutual fund and stock crazy. I think in your taxable individual account you need to list the ERs for each fund as well as your cost basis and evaluate how any losses might ...
by MrPotatoHead
Mon Jun 11, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5603

Re: Strategy for a prolonged bear market

It is not in an IPS, but I have a lifestyle alteration/commitment contingency plan that kicks in in the event I cannot refill my expense bucket's via dividend's and interest. Essentially I alter my food consumption pattern which is a large portion of expenses, thus effectively lowering my expenses ...
by MrPotatoHead
Mon Jun 11, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: No Roth 401k - Workaround?
Replies: 9
Views: 816

Re: No Roth 401k - Workaround?

Your friend might want to write up a paper and give it to their manager and HR suggesting change to the 401K plan. I have found employers malleable on the topic.
by MrPotatoHead
Mon Jun 11, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5603

Re: Strategy for a prolonged bear market

It is not in an IPS, but I have a lifestyle alteration/commitment contingency plan that kicks in in the event I cannot refill my expense bucket's via dividend's and interest. Essentially I alter my food consumption pattern which is a large portion of expenses, thus effectively lowering my expenses i...
by MrPotatoHead
Mon Jun 11, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: WSJ-- Next Stop for Mutual-Fund Fees: Zero
Replies: 40
Views: 4315

Re: WSJ-- Next Stop for Mutual-Fund Fees: Zero

I guess it is a mindset. Consider if I have a 3 million dollar equity portfolio. Even if the overall expense ratio is .03% it is a chunk of money to me. I invest to generate a cashflow I can live off of in retirement. So I ultimately expense ratios are an expense against the cashflow/return/yield of...
by MrPotatoHead
Sun Jun 10, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity/Pension subsitutes for portfolio
Replies: 31
Views: 2628

Re: Annuity/Pension subsitutes for portfolio

So i’ll Take a position a little different than retiredjg. :) The problem with annuities is that they are not federally guaranteed. In fact they are not strictly speaking even state guaranteed. They are backed by state guarantee funds that will be funded after the fact by assessments on other insur...
by MrPotatoHead
Sun Jun 10, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity/Pension subsitutes for portfolio
Replies: 31
Views: 2628

Re: Annuity/Pension subsitutes for portfolio

My preferred approach to use the NPV of a CD ladder to buy a ladder and invest the difference. Two posts on the topic...likely others under my username. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=240130&p=3757300&hilit=cd+ladder#p3757300 https://www.bogleheads.org/forum/viewtopic.php?f=1&t...