Search found 3036 matches

by Dale_G
Sun Jul 22, 2018 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help with tax-loss harvesting muni bonds
Replies: 8
Views: 526

Re: Help with tax-loss harvesting muni bonds

I plan on making this transaction on August 1 which will be 34 days since my last transaction with VWIUX
If you sell all shares there is no need to wait until August 1. There will be no possibility of a wash sale.

Dale
by Dale_G
Fri Jul 20, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: SSAFX a good Bond Fund? [State Street Aggregate Bond Index]
Replies: 5
Views: 315

Re: SSAFX a good Bond Fund?

This fund follows the same index as Vanguard's Total Bond fund. State Street is a very reputable company. Hopefully the expense ratio is in the order of 0.6% or less.

Dale
by Dale_G
Fri Jul 20, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: An unwanted Boat
Replies: 16
Views: 1606

Re: An unwanted Boat

Apply for a new title :oops:
by Dale_G
Tue Jul 17, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager
Replies: 10
Views: 1001

Re: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager

Okay, QGARP appears to be "Quality Growth at a Reasonable Price (QGARP) portfolio". This is likely not a fund, otherwise Morningstar would have known about it.

Dale
by Dale_G
Sun Jul 15, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing 85% of 401k contribution going to bonds
Replies: 21
Views: 2500

Re: Realizing 85% of 401k contribution going to bonds

Sometime in the distant future when you are subject to RMDs, you will be very glad that your equities were in taxable, Roth and HSA rather than in the 401k. The 401k is the right place to keep your bond allocation, so just grin and bear it.

My IRA is 100% bonds, ditto for #1 son.

Dale
by Dale_G
Fri Jul 13, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2618

Re: Larry Swedroe: Know Your Investor Personality

I guess we all have to give up and hire an FA. Does anyone know of a FA who doesn't have his/her own biases?

Dale
by Dale_G
Wed Jul 11, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 49
Views: 8606

Re: Vanguard - You'll need to sign up for security codes soon

According to my Vanguard rep required 2FA is being rolled out to 500,000 Vanguard clients now, but they expect to require all clients to use 2FA by the end of the year. It won't work well for son #2 stationed at a US military facility (a remote island east of Africa - south of India). There is no ce...
by Dale_G
Sun Jul 08, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: Spending Patterns in Retirement: Retirees are Slow to Exhaust their Assets
Replies: 16
Views: 3553

Re: Spending Patterns in Retirement: Retirees are Slow to Exhaust their Assets

I am now of a certain age where spending seems to involve some kind of work. We are finished with the travel thing after visiting 86 countries. House, car, furniture, clothes shopping is no fun. Fine dining requires a drive - and probably a collared shirt. Spending less requires no work at all. Afte...
by Dale_G
Tue Jul 03, 2018 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes for those drawing income
Replies: 9
Views: 889

Re: Taxes for those drawing income

My federal tax rate is lower in retirement than during my years as a working stiff. Nonetheless, my current taxes are greater than my gross Social Security benefit. I guess I could let SS withhold 100% of my net SS, but I prefer to pay the tax with -my year end RMD. I have done small Roth conversion...
by Dale_G
Tue Jul 03, 2018 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Affording a $1.8-2M house
Replies: 54
Views: 9142

Re: Affording a $1.8-2M house

I hate to mention the word "bubble", but both wages and housing cost are more than suspicious.

Dale
by Dale_G
Mon Jul 02, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 124
Views: 9409

1800 Commission-Free ETFs

[Thread merged into here, see below. --admin LadyGeek] From Vanguard: What you can look forward to In August, you’ll have access to almost all ETFs—from Vanguard and more than a hundred other companies—commission-free when you invest online. We’re excluding inverse and leveraged ETFs because their ...
by Dale_G
Wed Jun 27, 2018 1:19 am
Forum: Personal Finance (Not Investing)
Topic: anyone working overseas? pros-cons?
Replies: 22
Views: 2390

Re: anyone working overseas? pros-cons?

Son #2 has been doing contract work for a while now. Seven months in the Antarctic (Pole & McMurdo), an "Undisclosed Location in South West Asia" (look it up), Djibouti, Kuwait and for the last year, another not identified location east of Africa. Company paid accommodations varied from a dorm room ...
by Dale_G
Sun Jun 24, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3142

Re: Compliments for Vanguard?

I've been with Vanguard since 1982. There was a minor glitch more than 20 years ago that was quickly resolved. I've also provided informal "advice" to six other account holders for up to 30 years without any issues. We are pretty low maintenance folks however.

Dale
by Dale_G
Thu Jun 21, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5031

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

My capital gain on equities in the taxable account is 56% of the portfolio - and I am going to do my level best to work off a 6 figure capital loss at 3K per year against ordinary income. I am only going to have to live another 35 years. But really, I don't see a problem here. If I needed to spend s...
by Dale_G
Sun Jun 17, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: Basic Inflation Questions
Replies: 21
Views: 1177

Re: Basic Inflation Questions

And it is not just that the basket of goods that cost $40,000 this year will cost (on average) $41,120 next year. The one million dollar portfolio that backs the withdrawal just lost $28,000 in buying power.

Dale
by Dale_G
Fri Jun 15, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: How confident are you with this scenerio?
Replies: 11
Views: 1544

Re: How confident are you with this scenerio?

Very confident. Your expenses are well aligned with your assets.

I don't think I would rent the home for 2K net/mo. That looks like a 2.4% return on a big hunk of capital - before taxes.

Dale
by Dale_G
Thu Jun 07, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Guidance About New Spouse's IRS Issues
Replies: 61
Views: 5548

Re: Guidance About New Spouse's IRS Issues

Thank you for the update - and I am glad the matter is resolve. Good luck going forward.

Dale
by Dale_G
Tue Jun 05, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a deferred / variable annuity?
Replies: 41
Views: 2102

Re: Annuitizing a deferred / variable annuity?

The OP should check the "guaranteed" rate on annuitization. Interest rates were much higher 20 years ago, and the guaranteed rate could be in excess of 4%. Five years ago I annuitized a couple of Vanguard annuities. One for a fixed period of 10 years and and the other for 23 years. The guaranteed ra...
by Dale_G
Sun Jun 03, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: Taxable Investing if Not Worried About Capital Gains
Replies: 9
Views: 1514

Re: Taxable Investing if Not Worried About Capital Gains

I also have a 6 figure tax loss carry-forward left over from 2008/2009. The index funds in taxable have zippo capital gains distributions, and at 81 YO, it is most unlikely that I will every use up the loss carry-forward against ordinary income at $3,000 per year. So I feel comfortable with holding ...
by Dale_G
Wed May 30, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: 15% rate of return in last 15 years can I expect the same in next 16 years
Replies: 39
Views: 4140

Re: 15% rate of return in last 15 years can I expect the same in next 16 years

Note: The OP is talking about an increase in "net worth", not investment return. With a family income of 500K and a total net worth of 4 million, 15% per annum isn't a big surprise over the past 15 years.

Dale
by Dale_G
Sun May 27, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 24
Views: 2249

Re: What was your experience inheriting assets held at Vanguard?

The individual funds do not get liquidated. The fund shares in each account get divided and are moved "in kind" to accounts properly set up accounts of the beneficiaries.

Dale
by Dale_G
Sat May 26, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 24
Views: 2249

What was your experience inheriting assets held at Vanguard?

I am not doing the inheriting, but if there is anything leftover after I am gone, my heirs will have the experience. My question is: How did it go?

Dale
by Dale_G
Thu May 24, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Exiting a variable annuity
Replies: 12
Views: 1170

Re: Exiting a variable annuity

sergeant wrote:
Thu May 24, 2018 3:42 pm
I doubt it. Show your numbers AFTER you (or IRA provider) receive the check.
Since this is a variable annuity purchased 1-1/2 years ago, it could well have appreciated more than the 5% exit fee.

Dale+-
by Dale_G
Thu May 24, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Exiting a variable annuity
Replies: 12
Views: 1170

Re: Exiting a variable annuity

I agree Frank, bite the bullet. Lesson learned, get on with life.

Dale
by Dale_G
Fri May 18, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Moving taxable investments...tax-free?
Replies: 17
Views: 2121

Re: Moving taxable investments...tax-free?

No Linus, almost without exception , you can move the funds from one brokerage to another "in kind" without needing to sell. But it is probably a good idea to "tax harvest" while you are in zero capital gains tax status. If you have proprietary funds from the likes of ED Jones, you may not be able t...
by Dale_G
Thu May 17, 2018 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about self-managing my account
Replies: 25
Views: 1539

Re: Thinking about self-managing my account

At a 28% tax rate I think you will want to stick with munis - and forget Total Bond Market in the taxable account. And I would be pretty sure your planned early expenditures are what brought the limited term muni into play. No harm done, but if you want to consolidate the bond funds, it might be pre...
by Dale_G
Wed May 16, 2018 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about self-managing my account
Replies: 25
Views: 1539

Re: Thinking about self-managing my account

I am also a little mystified about the 3 muni funds unless you indicated that you might want to withdraw money from the portfolio a few years down the line. That would make the limited term fund a reasonable choice, and combined with the long term you pretty much match the duration of the intermedia...
by Dale_G
Wed May 16, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing & ignoring some asset classes I already have investments in?
Replies: 2
Views: 238

Re: Rebalancing & ignoring some asset classes I already have investments in?

yurtdweller - I haven't done exactly the same thing, but your plan is perfectly reasonable. Certainly stop reinvesting any dividends in the funds you want to "edge out of", and invest the dividends in the funds you want to keep.

Dale
by Dale_G
Sun May 13, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4929

Re: Anything wrong with too many lots?

Does it matter at all if you prefer for simplicity sake to use average cost? It sure can. In my case simplicity could be very expensive. The "average cost" of my Total Stock Market shares (VTSAX) is $20.45, most purchased near the lows of 2008/2008. The closing price on Friday 5/11/18 was 68.43. Se...
by Dale_G
Sat May 12, 2018 11:25 pm
Forum: Investing - Theory, News & General
Topic: Tax-Loss Harvesting a Muni Bond Fund: BMBIX
Replies: 2
Views: 450

Re: Tax-Loss Harvesting a Muni Bond Fund: BMBIX

BMBIX declares dividends monthly (page 107 of the Statuary Prospectus), so the 6 month rule applies. Selling the 7 month old shares in order to to TLH works - and all dividends will remain tax fed tax free.

Dale
by Dale_G
Wed May 09, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: ETF's vs. Mutual Funds in Market Panics
Replies: 21
Views: 1786

Re: ETF's vs. Mutual Funds in Market Panics

I think this is a little "scare piece" to discourage clients from moving to ETFs - and keep clients within the preferred DFA funds. But, flash crashes and pricing anomalies have occurred. Rule 1. Never sell anything during a market panic Rule 2. Never set a standing set a "stop loss" order Otherwis...
by Dale_G
Wed May 09, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: ETF's vs. Mutual Funds in Market Panics
Replies: 21
Views: 1786

Re: ETF's vs. Mutual Funds in Market Panics

I think this is a little "scare piece" to discourage clients away from ETFs to keep clients within the preferred DFA funds. But, flash crashes and pricing anomalies have occurred. Rule 1. Never sell anything during a market panic Rule 2. Never set a standing set a "stop loss" order Otherwise, ETFs w...
by Dale_G
Tue May 08, 2018 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Question on safety of ETFs
Replies: 32
Views: 2198

Re: Question on safety of ETFs

triceratop wrote:
Tue May 08, 2018 8:43 pm
I would remove VSS. I have a great deal of fear when trading VSS.
And what is your source of paranoia with VSS?

Dale
by Dale_G
Fri May 04, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

I learned something today. In the "old" days annuity beneficiaries were not permitted to do a 1031 exchange. In 2013 the IRS issued a Private Letter Ruling PLR 201330016 that did permit such exchanges. See Kitces at https://www.kitces.com/blog/irs-opens-door-in-plr-201330016-for-1035-exchange-by-ben...
by Dale_G
Fri May 04, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I save or would be available for health care in retirement?
Replies: 43
Views: 4423

Re: How much should I save or would be available for health care in retirement?

Oops - I see that I have been making duplicate posts. I hope that doesn't mean that I need a brain transplant That could be very pricey. :annoyed BruceM's number are about right for most people. Once you hit IRMAA (Income Related Monthly adjustment Amount) the premiums can rise pretty quickly - and ...
by Dale_G
Fri May 04, 2018 12:58 am
Forum: Personal Finance (Not Investing)
Topic: How much should I save or would be available for health care in retirement?
Replies: 43
Views: 4423

Re: How much should I save or would be available for health care in retirement?

I understand that Medicare has premiums and right now don't have a lot of health issues. I assume I can rely on Medicare, but probably not. ...... I am sure medicare will be around for a long time, but the cost will continue to be based on income. Lower income = lower cost, higher income = be prepa...
by Dale_G
Fri May 04, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: How much should I save or would be available for health care in retirement?
Replies: 43
Views: 4423

Re: How much should I save or would be available for health care in retirement?

I understand that Medicare has premiums and right now don't have a lot of health issues. I assume I can rely on Medicare, but probably not. ...... I am sure medicare will be around for a long time, but the cost will continue to be based on income. Lower income = lower cost, higher income = be prepa...
by Dale_G
Thu May 03, 2018 11:34 pm
Forum: Investing - Theory, News & General
Topic: Morningstar--Manager Exit Triggers Downgrade At Giant Vanguard Fund(Vanguard Short-Term Investment Grade )
Replies: 10
Views: 1603

Re: Morningstar--Manager Exit Triggers Downgrade At Giant Vanguard Fund(Vanguard Short-Term Investment Grade )

I own a small amount of Short Term Corporate and I am unconcerned. As we all know, it is difficult, if not impossible to measure skill. The new guys could be more or less skilled than the predecessor. In any case, the difference in performance shouldn't be more than a few basis points. With bond fun...
by Dale_G
Thu May 03, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

ginrummy, you need to look at the contract in question. If you don't have once NWM will send a copy of the original. 1. What is the "NAME" of the annuity? In other words - what does NWM call it? 2. Is the contract the "front-load" or "back-load" version? 3. What was the date of origination? 4. Is th...
by Dale_G
Tue May 01, 2018 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to simplify LTCG tax lots in taxable?
Replies: 3
Views: 443

Re: How to simplify LTCG tax lots in taxable?

I do keep my own records, but I have never found any discrepancy with Vanguard. With Specific ID, Vanguard makes it very easy to sell any "covered" lots that you wish. I recently sold a couple of large lots and about 40 small lots (reinvested dividends) of two municipal bond funds for tax loss purpo...
by Dale_G
Mon Apr 30, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

Dale_G wrote:
Mon Apr 30, 2018 4:31 pm
always at ordinary income -
Dale

Sorry about any dupes - and inaccurate info above - editing isn't working in my favor.
by Dale_G
Mon Apr 30, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

always at ordinary income -
Dale

Sorry about any dupes
by Dale_G
Mon Apr 30, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

Dale_G wrote:
Mon Apr 30, 2018 4:23 pm
always at ordinary income. Sorry for the dupe - can't delete.
by Dale_G
Mon Apr 30, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

always at ordinary income - no different than a traditional IRA or 401k with after tax contributions.

Dale
by Dale_G
Mon Apr 30, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

This must be a typo Another idea is to split the untaxed portion of the DVA in two. Sell half of this un taxed portion this year and the rest + the basis next year (note you can do this with a DVA as they are required to distribute earnings first). This would likely drop your marginal tax rate, redu...
by Dale_G
Mon Apr 30, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 2464

Re: Is it worth it to dissolve this inherited annuity?

If the OP has any interest in annuitizing and/or doing a 1031 exchange to Vanguard, there is a critical item to be checked. That is: What is the "guaranteed interest rate" on annuitization. Not the BS rate that includes return of capital, but the "guaranteed" rate which is the actual interest rate o...
by Dale_G
Sat Apr 28, 2018 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2628

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

Don't feel too bummed out youngpleb. At my last job as an HCE I was limited to about 1-1/2% of pay - because of a low contribution rate of non-HCEs. When education and propaganda visits from the 401k provider didn't do much to increase participation, one HCE threatened to put non-contributors on a w...
by Dale_G
Wed Apr 18, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Are you keeping more in cash?
Replies: 31
Views: 4763

Re: Are you keeping more in cash?

I am 80 YO and and cash has amounted to about 0.4% of the portfolio for the past 15 years - just enough so I don't have to bother with a check register or pay attention to anything that goes on the credit card. Nothing exciting happens anyway. I certainly don't think that letting cash rise to 5% of ...
by Dale_G
Wed Apr 18, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax day come and gone.....
Replies: 29
Views: 3241

Re: Tax day come and gone.....

an_asker wrote:
Wed Apr 18, 2018 10:21 am
Just curious - are you the same person who was based in Hawaii or NZ (or am I confusing you with someone else)?
Nope, I am located in Central Florida.