Search found 605 matches

by antiqueman
Wed Aug 12, 2020 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Finding out PIA if taking Spousal Benefits
Replies: 13
Views: 926

Re: Finding out PIA if taking Spousal Benefits

Can a spouse who has reached FRA , draw on the other spouses SS if the other spouse took their SS at 62? I will be 66 in October and t my FRA, My wife is 62. She took reduced benefits in Feb. of this year. Am I allowed to draw on her benefits once I reach FRA in October? ( I didn't think this was al...
by antiqueman
Fri Aug 07, 2020 6:04 pm
Forum: Personal Investments
Topic: Social Security as my Bond Fund?
Replies: 70
Views: 3328

Re: Social Security as my Bond Fund?

I think this is what the OP is saying. At the present time he is 100% stock. When he reached 62 yoa he can draw SS if he wants. I do not how much that amount per month is so we can say what percentage of his SS income is to his total investment assets. Lets say he gets 3k a month whenever he takes S...
by antiqueman
Sat Aug 01, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: Sell a CD early buy a fixed annuity
Replies: 62
Views: 2907

Re: Sell a CD early buy a fixed annuity

hoops777, I don't think I can give you any solid advice on your question, because I have a similar question and cannot make a decision on what to do.

Do you mind informing me from what company you obtain the 4 year 3.05 CD?

Thank you.
by antiqueman
Mon Jul 27, 2020 2:13 pm
Forum: Investing - Theory, News & General
Topic: Increasing TSP Fund Expense Ratios
Replies: 54
Views: 3291

Re: Increasing TSP Fund Expense Ratios

So with the increased fees how much would total fees be on $500k?

I get confused dealing in basis points.

Thanks
by antiqueman
Sat Jul 25, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: Need Wheel Chair Ramp Portable
Replies: 7
Views: 552

Re: Need Wheel Chair Ramp Portable

Thank you for your reply. I am looking for a wheel chair ramp.
by antiqueman
Sat Jul 25, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: Need Wheel Chair Ramp Portable
Replies: 7
Views: 552

Need Wheel Chair Ramp Portable

I need a portable wheel chair ramp to transport my mother into my house . She is 85 years old and does not weigh more than 150 lbs. I will need to move her up four steps from the bottom landing to the top landing on the porch. I estimate the length needs to be at least 6 feet. I reviewed Amazon's wh...
by antiqueman
Wed Jul 22, 2020 11:57 am
Forum: Personal Investments
Topic: MYGA with Midland Life Insurance Company.
Replies: 4
Views: 348

Re: MYGA with Midland Life Insurance Company.

Thank you Stinky.

I live in Mississippi.
by antiqueman
Wed Jul 22, 2020 11:50 am
Forum: Personal Investments
Topic: MYGA with Midland Life Insurance Company.
Replies: 4
Views: 348

MYGA with Midland Life Insurance Company.

I am considering purchasing a 7 year MYGA through Midland National Insurance Company. Midland is rated A+ by A M Best and Fitch. The MYGA'S terms are 7 years, can withdraw interest monthly. You cannot access more than the monthly interest without significant penalties.( not a problem for me . I will...
by antiqueman
Mon Jul 20, 2020 10:43 am
Forum: Personal Investments
Topic: UPCOMING 10 year Tips and 20 years Tips auction
Replies: 8
Views: 912

Re: UPCOMING 10 year Tips and 20 years Tips auction

Thank you # cruncher for your response. In your opinion, what amount of negative yield is so negative on a 20 year tips that you would not consider purchasing it? Also , am I correct that in evaluating whether to purchase a tips with a negative yield, one subtracts the negative yield from the inflat...
by antiqueman
Mon Jul 20, 2020 12:53 am
Forum: Personal Investments
Topic: UPCOMING 10 year Tips and 20 years Tips auction
Replies: 8
Views: 912

UPCOMING 10 year Tips and 20 years Tips auction

This coming Wednesday there is a 20 year tips auction. This coming Thursday there is a 10 year tips auction. I assume the yield for both auctions will be negative. At what point do you consider the negative yield so bad that you would not purchase a tips with that negative yield? Would that be -0.25...
by antiqueman
Wed Jul 15, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116842

Re: Vanguard's Wellesley Income fund is incredible

To me, any equities is too much risk, so Wellesley is out from the start.

You must have a lot of money or withdraw small percentage of your portfolio if you can live on today's pitiful interest and bond rates.
by antiqueman
Sat Jul 11, 2020 6:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116842

Re: Vanguard's Wellesley Income fund is incredible

I own Wellesley. In retirement. My view is that if I am wrong in owning it, I cant see how it could be much worse than owning 35/65 of index funds, or owning life strategy conservative fund. Does anyone who argues against Wellesley REALLY believe that those who hold it, face more risk than those who...
by antiqueman
Wed Jul 08, 2020 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 190
Views: 13015

Re: Delaying Social Security: is the wisdom still relevant

To many unknowns when 2034 rolls around. I plan to take SS at FRA. Bird in hand etc. Otherwise you are betting on status quo. Rules concerning file and suspended have recently been changed to restrict its availability. Who know what will happen in 2034.
by antiqueman
Wed Jul 08, 2020 8:46 am
Forum: Personal Investments
Topic: Help Needed on Understanding Negative Tips Yield
Replies: 12
Views: 721

Re: Help Needed on Understanding Negative Tips Yield

Thank you Grabiner.

So if one is primarily concerned about needing xxx inflation adjusted dollars in 20 years he could purchase the bond with the negative 0.026 yield but still be significantly protected from inflation on that money over the 20 years? Am I correct?
by antiqueman
Tue Jul 07, 2020 1:21 pm
Forum: Personal Investments
Topic: Help Needed on Understanding Negative Tips Yield
Replies: 12
Views: 721

Help Needed on Understanding Negative Tips Yield

Since I am about to retire I am reviewing some TIPS. ALL are negative. One example is the 02/15/2046. It YTM is -0.206. Does the negative rate mean I would loss 0.026 each year for next 26 years. ( I am sure that is not the case) Or does it mean that if I bought 50k of that TIP today, I will have a ...
by antiqueman
Fri Jul 03, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Time Value Money Calculator
Replies: 3
Views: 328

Time Value Money Calculator

I frequently see posters stating they calculate how much they can withdraw from their retirement portfolio using the Time Value of Money calculation. From recall , it seems that willthrill is one of the primary users of the formula. I have read the threads with the time value of money formula. For s...
by antiqueman
Sat Jun 27, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: DFA Entering ETF space
Replies: 34
Views: 2978

Re: DFA Entering ETF space

I don't see any expense ratios.
by antiqueman
Thu Jun 25, 2020 7:18 pm
Forum: Personal Investments
Topic: Dividends = Forced Stock Sale
Replies: 13
Views: 1068

Re: Dividends = Forced Stock Sale

There is no tax drag if the shares are in a Roth and their are no tax consequences.

For that reason you cant just say it is a taxable event.
by antiqueman
Tue Jun 02, 2020 3:02 pm
Forum: Personal Investments
Topic: Actual "hit" on Negative Tip yield
Replies: 2
Views: 436

Actual "hit" on Negative Tip yield

There is a 7/15/2050 TIP, coupon 0.025 with a price that indicates a negative yield of 0.056. I am very poor in math. Would some one tell me what actual amount of loss one would sustain assuming they bought 10k dollars of that TIP today and it has negative yield to maturity of 0.056? Also is this lo...
by antiqueman
Tue May 26, 2020 7:37 pm
Forum: Personal Investments
Topic: What Funds-no more than 3- would you use in retirement.
Replies: 11
Views: 1191

Re: What Funds-no more than 3- would you use in retirement.

[quote=BruinBones post_id=5276299 time=1590533880 user_id=133893]
I am actually considering option 1 when I am in their situation (but all are reasonable options).


Thank you for your response. Why do you consider option 1 over others>
by antiqueman
Tue May 26, 2020 5:29 pm
Forum: Personal Investments
Topic: What Funds-no more than 3- would you use in retirement.
Replies: 11
Views: 1191

Re: What Funds-no more than 3- would you use in retirement.

[quote=buhlaxtus post_id=5276119 time=1590528996 user_id=108808] Those options are all extremely similar, the main distinction being the stock/bond ratio - so what stock/bond ratio do you want? Active vs. passive is a secondary question (Wellesley vs. the others). We would prefer to have no more sto...
by antiqueman
Tue May 26, 2020 4:31 pm
Forum: Personal Investments
Topic: What Funds-no more than 3- would you use in retirement.
Replies: 11
Views: 1191

What Funds-no more than 3- would you use in retirement.

Assume one had established a Liability Matching Portfolio for 30 years. Most of this portfolio is in TIPS. Assume there is a retired couple with male 66 yoa and female 63 yoa. Establishing the liability matching portfolio consumed 58% of the couples investing assets. The couple is now looking at the...
by antiqueman
Sun May 24, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 3062

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

One could use the 4 fund with X amount of your their money. Then take Y amount of their money and buy VTI or SP fund. That would reduce the percentage of international. Doubt the "Y" fund would be hard to rebalance with the 4 fund.
by antiqueman
Sun May 17, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2946

Re: Dividend vs Total Return question

All things equal, total return/selling your own shares wins (dividends lose you more money because they are taxed more).
[/quote]

Would the answer be different if the dividend stocks were in a Roth account. No taxes on the dividends.
by antiqueman
Sat May 16, 2020 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7627

Re: Does Delaying Social Security Deliver an 8% Return?

That's what I am doing. My financial institution is my retirement portfolio.

David Jay, would explain in more detail what you are doing?

Thanks.
by antiqueman
Tue May 05, 2020 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Trying To Determine Monthly SS Increase After FRA
Replies: 6
Views: 619

Trying To Determine Monthly SS Increase After FRA

Assume ones PIA is 2900.00 a month on December 31 of 2020. The person turned 66 and reached his FRA, on November 30 2020. I know that if one defers social security till 70 they receive approximately an 8% increase per year. But how is the increase calculated each month of the 48 months between 66 an...
by antiqueman
Sun Apr 19, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: Negative interest rates and Present Value
Replies: 19
Views: 991

Re: Negative interest rates and Present Value

[quote=drummerboy post_id=5195323 time=1587241739 user_id=108825] Does this make annuities (SPIA or Deferred) more attractive given the low rate environment? Since your bonds aren’t earning anything, they can still serve as ballast to the portfolio, but not income. [/quote] This is a good question. ...
by antiqueman
Thu Apr 16, 2020 6:41 pm
Forum: Personal Investments
Topic: Five Year TIPS auction next week.
Replies: 6
Views: 1096

Five Year TIPS auction next week.

There is an initial offering next Thursday on a 5 year TIPS.

For those of you who are building a LMP or otherwise follow TIPS, do you think the TIPS will have a positive yield. I am concerned it will not.
by antiqueman
Tue Apr 07, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Receipt of PPP loan funds
Replies: 26
Views: 1824

Re: Receipt of PPP loan funds

My employer's application was approved today.

Through a small regional bank.
by antiqueman
Sat Mar 28, 2020 4:53 pm
Forum: Personal Consumer Issues
Topic: Any ex-lawyers here?
Replies: 44
Views: 3871

Re: Any ex-lawyers here?

Been practicing law 36 years. Have never liked it. But money was good. Other than that I don’t have much positive to say about it .
.
by antiqueman
Sun Mar 22, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 264
Views: 20815

Re: Are we better off now than Dec 2018?

I too would like to know the evidence that a base is forming,
by antiqueman
Fri Mar 20, 2020 6:43 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38352

Re: Anybody want to guess the bottom of this "dip"?

I think bog419's point is that if you got our today or Monday, that the odds are extremely in your favor that you can a least buy back in a one penny less than you got out of your position. Give we are in the early stages of all of this , seems like a rational position.
by antiqueman
Fri Mar 20, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38352

Re: Anybody want to guess the bottom of this "dip"?

Some national guards are being activated. There will be announcements probably within 72hrs of states and feds shutting down areas.

I think odds are SP will break 2k.
by antiqueman
Thu Mar 19, 2020 8:37 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6760

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

[quote=SevenBridgesRoad post_id=5114013 time=1584667862 user_id=136479] [quote=bpg1234 post_id=5113133 time=1584650741 user_id=27813] Curious when you and other posters here are thanking Bill Bernstein and others, whether you had completely gotten 100% out of stocks or just significantly reduced you...
by antiqueman
Thu Mar 19, 2020 8:36 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6760

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

That is basically what I have done. I plan to draw no more than 2.5 a year. Less when I can. I do not want to rely on the stock market for my retirement. I think everyone knows why. I understand I MIGHT could make a lot more money if I invested in stocks in a larger percentage, but I might not. Why ...
by antiqueman
Thu Mar 19, 2020 8:16 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6760

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

[quote=bpg1234 post_id=5113803 time=1584663632 user_id=27813] [quote=antiqueman post_id=5113621 time=1584660519 user_id=12852] I am not totally out of stocks. But I have a small percentage. Thus my percentage hit is low ( although painful dollar amount) [/quote] I had about 16% of our overall portfo...
by antiqueman
Thu Mar 19, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6760

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

I am not totally out of stocks. But I have a small percentage. Thus my percentage hit is low ( although painful dollar amount)
by antiqueman
Wed Mar 18, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6760

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

I too am thankful for Dr. Bernstein's advice. After I read his articles and writing on the LMP theory and won the game comment, I shifted to 30 years of safe assets. These were TIPS and CD's and TSP G fund. I had very low returns after I did this, but it is now paying off. I am unnerved like everyon...
by antiqueman
Wed Mar 18, 2020 8:48 pm
Forum: Investing - Theory, News & General
Topic: End of corporate stock buybacks??
Replies: 75
Views: 4603

Re: End of corporate stock buybacks??

[quote=rasta post_id=5110177 time=1584578491 user_id=137275] a stock without dividends is a Ponzi asset because owners never receive money from the companies they own, they need to keep finding a greater fool to buy, but eventually the last fool buys. follow the money, buffet sure likes to buy divid...
by antiqueman
Tue Mar 17, 2020 3:16 pm
Forum: Personal Investments
Topic: T Bills [higher than par?]
Replies: 5
Views: 451

Re: T Bills

Thank you for your response.
by antiqueman
Tue Mar 17, 2020 11:44 am
Forum: Personal Investments
Topic: T Bills [higher than par?]
Replies: 5
Views: 451

T Bills [higher than par?]

What do you think the current crisis will do to 30 day T BIlls that are auctioned each Thursday? Will bids be higher than par just to have safe assets? I usually keep a rolling number but I am concerned that I may have to pay par or more for upcoming ones --which of course would be a negative yield ...
by antiqueman
Mon Mar 16, 2020 5:44 pm
Forum: Personal Investments
Topic: Anyone worried about thier Certificate of Deposits.
Replies: 19
Views: 1974

Re: Anyone worried about thier Certificate of Deposits.

Thanks to everyone who replied.
by antiqueman
Mon Mar 16, 2020 1:28 pm
Forum: Personal Investments
Topic: Anyone worried about thier Certificate of Deposits.
Replies: 19
Views: 1974

Anyone worried about thier Certificate of Deposits.

I do not understand the problem with bonds and liquidity issues. It appears that many are moving to cash, selling bonds etc to get cash. For those of us who have CD's, what is the forums thoughts on whether when the CD mature, will cash be available to pay the CD? I do not think any major banks will...
by antiqueman
Thu Mar 12, 2020 3:47 pm
Forum: Investing - Theory, News & General
Topic: 25% to 30% Stocks still recommended for 30 yr retirement.
Replies: 2
Views: 348

25% to 30% Stocks still recommended for 30 yr retirement.

Assume one hits their re-balance bands. They re- balance. And do it again. And again.

Should this person continue to re-balance to try and keep 25% to 30% stocks if they are ALREADY in retirement but anticipate living for 25 to 30 years?

Thanks.
by antiqueman
Wed Mar 11, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21716

Re: Okay, now when you do buy back in?

Waiting. To much turmoil and I believe market has another 10 to 20 percent down. Yes its market timing but I don't care. I do not need to buy stocks at all based on my anticipated financial future. I doubt I will buy until it appears there has been true capitulation. That is subjective I understand.
by antiqueman
Sat Mar 07, 2020 9:38 am
Forum: Personal Investments
Topic: Should I sell my 2042 and 2043 TIPS
Replies: 3
Views: 245

Should I sell my 2042 and 2043 TIPS

I am 65 . MY wife is 62. We have set up a ladder of bonds for our retirement. We hold 2042 TIPS and 2043 TIPS. We now have a significant "profit" in them because of free fall in interest rates. Our initial goal was to hold them till the year of maturity and use them in that year if we were still ali...
by antiqueman
Thu Feb 13, 2020 2:39 pm
Forum: Investing - Theory, News & General
Topic: Zero Stocks In Retirement
Replies: 79
Views: 6029

Zero Stocks In Retirement

Does anyone on the forum, who is at least 62 and retired, hold zero of their assets in stock. If you do not hold any stocks what are you invested in? All TIPS? Or you have sufficient pension income and social security ? Are you concerned about running out of money before death or inflation ? Thanks
by antiqueman
Tue Feb 11, 2020 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Should I PAY Bill from I Bonds or Tradational IRA
Replies: 11
Views: 860

Re: Should I PAY Bill from I Bonds or Tradational IRA

The oldest I Bonds are 2010. Very little coupon on all of them. None of the good ones with high interest rates.
by antiqueman
Mon Feb 10, 2020 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I PAY Bill from I Bonds or Tradational IRA
Replies: 11
Views: 860

Re: Should I PAY Bill from I Bonds or Tradational IRA

Mel, I just thought it would be foolish to take the money from Roth since I have 100k in I Bonds


I thought Roth money should be spent last .I certainly would take money from IBonds before I took from Roth because of tax free growth for Roth money.

Thanks
by antiqueman
Mon Feb 10, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I PAY Bill from I Bonds or Tradational IRA
Replies: 11
Views: 860

Re: Should I PAY Bill from I Bonds or Tradational IRA

Yes I thought about equity line of credit I have on my home. I could use that but then u have the interest which is a sunk cost. But I will
give more thought on using it.

Thanks for your input.