Search found 27 matches

by DecumulatorDoc
Sat Feb 16, 2019 3:11 pm
Forum: Investing - Theory, News & General
Topic: "College Endowments Badly Trail The Market"
Replies: 28
Views: 3048

Re: "College Endowments Badly Trail The Market"

I just don't see anything in this article of value to the average investor. We're taught to use benchmarks that are appropriate for our allocation. What do we know about the non-profits' risk profile, income needs, asset allocation? Why is a 60/40 (equity/treasury bond) benchmark appropriate for use...
by DecumulatorDoc
Sat Feb 16, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 7170

Re: Did you get spooked by the December 2018 fall and gave up on passive?

Experienced just minor heartburn in December which tells me my allocation is about right. No changes here.
by DecumulatorDoc
Thu Feb 14, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri on the Rational Reminder Podcast
Replies: 17
Views: 1777

Re: Rick Ferri on the Rational Reminder Podcast

Enjoyed it as well. Love thinking back over my investment career and without a doubt I have gone through each of Rick's 4 stages of investing. About 25 years of darkness, then enlightenment thanks particularly to the Bogleheads website and books like All About Asset Allocation and Little Book of Com...
by DecumulatorDoc
Thu Feb 14, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge Tax Delay - 1099's Delayed two weeks
Replies: 15
Views: 645

Re: Merrill Edge Tax Delay - 1099's Delayed two weeks

Cant help other than to add that E*Trade does the same thing. I get their 1099 in mid or late February every year. I just wait... usually I owe a little so I'm in no rush to file. My E*Trade tax forms were available this week on Feb 11. I'm good with that. Personally I am usually not in a hurry, si...
by DecumulatorDoc
Thu Feb 14, 2019 11:11 am
Forum: Investing - Theory, News & General
Topic: Rick Ferri on the Rational Reminder Podcast
Replies: 17
Views: 1777

Re: Rick Ferri on the Rational Reminder Podcast

Thanks Rick. Listening now. Had better luck with this link than the itunes link:
https://www.pwlcapital.com/the-rational ... -investor/
by DecumulatorDoc
Thu Feb 14, 2019 8:12 am
Forum: Personal Investments
Topic: Good time to invest in emerging markets?
Replies: 22
Views: 2561

Re: Good time to invest in emerging markets?

I ignore the noise out there and, according to my IPS, keep 4% in EM through thick and thin, rebalancing annually.
by DecumulatorDoc
Thu Feb 14, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block tax software (PC download) - more import issues
Replies: 15
Views: 1024

Re: H&R Block tax software (PC download) - more import issues

Using the online version it imported my qualified dividends from E*Trade but left zero for total dividends :oops:
by DecumulatorDoc
Tue Feb 12, 2019 1:20 pm
Forum: Personal Investments
Topic: Will this cause an audit ?
Replies: 28
Views: 3110

Re: Will this cause an audit ?

I agree that the fear of audit is overblown by many honest taxpayers. I am assuming that this generous donation didn't go over the allowed threshold of 50% of your 2018 adjusted gross income (60% for cash donations now).
by DecumulatorDoc
Tue Feb 12, 2019 12:58 pm
Forum: Personal Investments
Topic: Portfolio Check Up: fund placement and tax efficiency
Replies: 49
Views: 2298

Re: Portfolio Check Up

6. My biggest priority would be Roth-converting the IRA. Consider delaying SS to 70 and withdraw as much as you can. You only have 12 years to liquidate $600K. That will be tricky with ACA subsidy in play. Is it a necessary goal to completely convert an IRA to Roth? One of the joys in retirement is...
by DecumulatorDoc
Sun Feb 10, 2019 4:52 pm
Forum: Personal Investments
Topic: Rick Ferri hourly advice firm
Replies: 4
Views: 1389

Re: Rick Ferri hourly advice firm

I'll bet there will be quite a few advisors around the country nervously waiting to hear about this pricing model...go get 'em Rick.
by DecumulatorDoc
Wed Feb 06, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7609

Re: If you are old, why bother with rebalancing!!?

If I just let stocks keep growing, just in the past 8 years I'd probably be at 70/30 at this point, and the recent 20% drop would have been more painful and scary (Although I'd technically have more money from not rebalancing the past 8 years , but hindsight is 20/20). It is wise, in my opinion, th...
by DecumulatorDoc
Wed Feb 06, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7609

Re: If you are old, why bother with rebalancing!!?

Most have an Investment Policy Statement with a desired asset allocation. I have never technically "rebalanced" by selling the over weighted asset and directly buying the undervalued one. But most of us with discipline, throughout our life, have actively stayed in balance. The first 30 or 40 years i...
by DecumulatorDoc
Sat Feb 02, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 29
Views: 3735

Re: Small-Cap Value Funds: Then And Now

Taylor is enthusiastic for the three fund portfolio, apparently to a fault. For those that chose a different road to Dublin, be encouraged by Rick Ferri's quote from 2014 about staying the course if your IPS directs an exposure to small cap value: "Behavior is another issue. A tilted portfolio can u...
by DecumulatorDoc
Fri Feb 01, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 29
Views: 3735

Re: Small-Cap Value Funds: Then And Now

Taylor, a small cap value tilt was heavily promoted on this website, not just by the "financial industry." Those of us that chose this course, realized that small cap value would not outperform over every period, something I guess the OP has forgotten. If the post is not a joke, it sure is disappoin...
by DecumulatorDoc
Thu Jan 31, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: "Money Savage" podcast with guest Rick Ferri
Replies: 19
Views: 2389

Re: "Money Savage" podcast with guest Rick Ferri

Thanks Rick, well worth my 20 minutes. Anything you have to say on investing and simplicity adds value for many of us. And thank you for the 20 years of your time in the Marines keeping us safe.
by DecumulatorDoc
Thu Jan 24, 2019 9:15 am
Forum: Personal Investments
Topic: BND vs BIV [Vanguard Intermediate-Term vs. Total Bond]
Replies: 21
Views: 8131

Re: BND vs BIV [Vanguard Intermediate-Term vs. Total Bond]

It seems like those of us that have chosen to hold a small percentage (less than 10%) of a high yield corporate bond fund (like VWEAX 6.24% average return since inception 11/12/2001), that BND may better compliment that. At least that's what my IPS says, so I'm sticking with it. :beer
by DecumulatorDoc
Wed Jan 23, 2019 10:19 pm
Forum: Personal Investments
Topic: wash sale rule - 31 days from trade date or settlement date?
Replies: 1
Views: 307

Re: wash sale rule - 31 days from trade date or settlement date?

For IRS purposes, it is calculated from the trade date, not the settlement date.
by DecumulatorDoc
Thu Dec 13, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Converting to Roth IRA and Standard Deduction
Replies: 16
Views: 1151

Re: Converting to Roth IRA and Standard Deduction

As you can see, there are a lot of moving parts, even for a relatively simple situation. He really only has 2 weeks to "get it right" with his Roth conversion since the new tax laws did away with recharacterization later if he got it wrong. Personally, if this is all new to him, I would pay a tax CP...
by DecumulatorDoc
Thu Dec 13, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Converting to Roth IRA and Standard Deduction
Replies: 16
Views: 1151

Re: Converting to Roth IRA and Standard Deduction

You just introduced a whole new variable I believe...the ACA tax credit. If he converts that much he is likely giving up a significant refundable tax credit (potentially $8-10,000). You may want to consider minimizing Roth conversions right now to take advantage of the healthcare tax credit, then mo...
by DecumulatorDoc
Wed Aug 08, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: "Dollar Tree Store" favorites
Replies: 84
Views: 7001

Re: "Dollar Tree Store" favorites

One of my favorites is the portable charcoal grill for $1. Great for camping or tailgating. Buy the lasagna pans (2 in a pack), top off with cooling rack which fits perfectly (2 in a pack), add charcoal and you're ready to go. Even get grill marks on your steaks, burgers, or dogs. Best part is when ...
by DecumulatorDoc
Tue Jun 26, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3577
Views: 1040744

Re: What Book Are You Currently Reading? Part VI

The Fund, by Wes DeMott. Not widely known, but skilled writer. Excellent read.
https://sites.google.com/site/wesdemott/
by DecumulatorDoc
Tue Jun 26, 2018 12:40 pm
Forum: Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5592

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

I'm 63, retired, with 53% in LTCG in taxable. $20k in carry forward losses. Each year I juggle calculations for Roth Conversions up to my chosen tax bracket cap versus taking LT Gains at 0%. Until I turn 70, the Roth conversions seem to be my best strategy. When I turn 70, hopefully my reduced RMDs ...
by DecumulatorDoc
Mon Jun 11, 2018 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security distribution strategy
Replies: 9
Views: 1166

Re: Social Security distribution strategy

Hypothetical: If I started receiving monthly SS checks at age 66 but decide in a year that I want to go back to work, is it possible to place a hold on the SS money and still receive the 8% increase for the subsequent years that i'm not receiving the money? Thanks in advance. Be careful not to go a...
by DecumulatorDoc
Tue May 22, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Blackrock lowered fees for ESG index ETFs
Replies: 3
Views: 537

Re: Blackrock lowered fees for ESG index ETFs

Now if we can just get them to drop the ER on our beloved iShares S&P Small-Cap 600 Value ETF (IJS) from its "lofty" 0.25%.
by DecumulatorDoc
Mon Mar 12, 2018 12:11 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 148
Views: 14569

Re: What is your favorite reasonably priced bourbon?

ny_knicks wrote:
Sun Mar 11, 2018 10:30 pm
Woodford
Bulleit
Makers Mark

in that order...

oh and Pappy Van Winkle
Pappy....reasonably priced? Love to be able to find it at any price. :moneybag
With my boglehead mentality, I'm drinking Evan Williams at less than $20 for 1.75L. Everything else is a splurge on special occasions. :beer
by DecumulatorDoc
Tue Jan 30, 2018 8:11 am
Forum: Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 6065

Re: Does anyone not rebalance?

I stopped rebalancing after reading that annual rebalancing didn't move returns. It's also a way of capturing the momentum factor imo. Rebalancing is for risk control not for increasing returns? Does the academic literatures support this? It certainly makes sense that if you reduce risk then you re...
by DecumulatorDoc
Sun Jan 28, 2018 8:20 am
Forum: Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 6065

Re: Does anyone not rebalance?

I am about 5-10% above my original stock allocation. But I am having a real hard time selling equities to buy into bonds which have such low expected returns. I have years to invest/accumulate, relatively stable career, and high risk tolerance. I also figure that eventually my portfolio will rebala...