Search found 1195 matches

by sometimesinvestor
Sun Sep 16, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Alternative investments - Art, memorabilia, artifacts, antiques
Replies: 17
Views: 1125

Re: Alternative investments - Art, memorabilia, artifacts, antiques

As is clear from some of the comments ,you have to know what you are doing its .much easier to make money in the stock market (the boglehead process of diversification, buy and hold and watch expenses works quite well and requires limited knowledge)As a minor example I was involved in stamps , which...
by sometimesinvestor
Sat Sep 15, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 106
Views: 7251

Re: Delaying Social Security Until 70

If you are single the calculations are simple :all that matters is how long you willlive My father died at 55 my mom at 75.I understood I would have to live till 78 to come out ahead if I waited till 70 so I didn't take it at 62 but took it when I retired. ifI am wrong won't go broke and taking it w...
by sometimesinvestor
Thu Jul 26, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Investors Defy Evidence (why they continue to use active management)]
Replies: 4
Views: 986

[Larry Swedroe: Investors Defy Evidence (why they continue to use active management)]

http://www.etf.com/sections/index-investor-corner/swedroe-doing-nothing-best-option?nopaging=1 I was really surprised That Larry indicated that Larry had not. taught his daughter about finance even though in his words "she knows next to nothing" You and I might be concerned that in our ignorance we ...
by sometimesinvestor
Wed Jul 25, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and order of deaths
Replies: 49
Views: 3046

Re: Inheritance and order of deaths

As pointed out its your money(A's). I do not think Lawyers charge that much for an additional paragraph. So forget about simple formulas like per stipes or per capita. If you do not like how the money is distributed in a particular scenario Describe how you want the money distributed if that combina...
by sometimesinvestor
Sun Jul 22, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: "4 Reasons Why We Overcomplicate Investing"
Replies: 30
Views: 5155

Re: "4 Reasons Why We Overcomplicate Investing"

Do you believe interest rates will be higher a year from now? I do and I even believe Taylor does . Therefore put your bond investment in a money market fund now(tax exempt if it produces a better after tax return) and decide in a year if bonds are a better choice.
by sometimesinvestor
Sun Jul 22, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: 28yo Needs Help with 401K and Personal Investments
Replies: 19
Views: 1887

Re: 28yo Needs Help with 401K and Personal Investments

Most experts don't think the market will do much better than 8% in the next year or two . OF course they might be wrong but a bird in the hand makes me agree with flyer about the student loan. Follow others advice take 25K out of the emergency fund and pay off the loan and move trhe rest to the Vang...
by sometimesinvestor
Sat Jul 14, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Getting antsy with indexing? Reporter doing story.
Replies: 12
Views: 2986

Re: Getting antsy with indexing? Reporter doing story.

VaR wrote:
Sat Jul 14, 2018 1:48 pm
I'm fascinated with the idea that people actually getting antsy with indexing. Can't wait to read the article.
Indexing is fine Cap weighting aftera 9 year bull market is scary. Full disclosure::: I am uncertain that is the reason why they are antsy .It is however why I am.
by sometimesinvestor
Fri Jul 13, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: what is the historical real return of total bond?
Replies: 15
Views: 1430

Re: what is the historical real return of total bond?

good time to invest in i bonds/ a real return0f 3/10% , state tax free and tax deferred. nOt good for current income but good as diversifier and risk reducer
by sometimesinvestor
Tue Jul 10, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA strategy
Replies: 18
Views: 1583

Re: Roth IRA strategy

I have little idea what markets are going to look like in 15 years but suggest that about that time you consider a bond position. of perhaps 10-20%
by sometimesinvestor
Sun Jul 08, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: I did not know about the Lifestyle funds. [Vanguard LifeStrategy]
Replies: 13
Views: 2469

Re: I did not know about the Lifestyle funds. [Vanguard LifeStrategy]

Based on posts at mutual fund observers the funds only differ in stock bond allocation. In particular the share of us equities to foreign equities is the same for all funds so if you want fewer foreign stocks (or more) than Vanguard thinks you should have you will need to own at least on additional...
by sometimesinvestor
Sun Jul 08, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with my 401k allocation at my second job
Replies: 12
Views: 923

Re: Please help with my 401k allocation at my second job

Here are the top positions in the Fidelity growth fund(about 35% of the funds assets) Except for Lulu and Adidas they are all large cap tech. This accounts in large part for outperformance. If you are comfortable with these investment you can continue with this fund but I suggest you limit it to 10%...
by sometimesinvestor
Sun Jul 08, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: I did not know about the Lifestyle funds. [Vanguard LifeStrategy]
Replies: 13
Views: 2469

I did not know about the Lifestyle funds. [Vanguard LifeStrategy]

Based on posts at mutual fund observers the funds only differ in stock bond allocation. In particular the share of us equities to foreign equities is the same for all funds so if you want fewer foreign stocks (or more) than Vanguard thinks you should have you will need to own at least on additional ...
by sometimesinvestor
Sun Jun 24, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fixing My Cost Basis [on inherited stocks]
Replies: 13
Views: 906

Re: Fixing My Cost Basis [on inherited stocks]

When I was the executor of my Mom's estate I provided a letter to my siblings the cost basis for each of the securities they inherited. I would ask the executor for such a letter
by sometimesinvestor
Sun Jun 24, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 10
Views: 2015

Re: What should I do with my taxable account?

While the investment in international bond in the taxable account could work out it seems obvious to take the money you would have put into that and the total bond fund and put it all into a California tax free fund . Why pay taxes at the 47% rate on the interest return rather than the zero % rate. ...
by sometimesinvestor
Sun Jun 24, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Am I talking about market timing or dollar cost averaging (or both?)
Replies: 11
Views: 1064

Re: Am I talking about market timing or dollar cost averaging (or both?)

I think your plan is fine and has outperformed all fixed income in bonds over the last year but possibly not over longer periods. Who cares whether it is market timing or dollar cost averaging. Follow your heart and just do it. Worse case you do a little bit worse than a move today . Best case you d...
by sometimesinvestor
Sun Jun 17, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Take Advantage of Stable Value Fund?
Replies: 22
Views: 1450

Re: Take Advantage of Stable Value Fund?

[I think the comments about a long term horizon are irrelevant as no one should suggest a 30 year investment in a stable value fund. However with interest rates apparently expected to rise over the next year or two the stable income seems like a good choice now.I am uncertain when you should switch ...
by sometimesinvestor
Sun Jun 17, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9146

Re: Which Supermarket are you?

Can I picka less expensive choice or are the two named the only ones under consideration.I agree with livesoft though I attend supermarkets not yet named and don't mind using the freezer . i.e location is the key factor
by sometimesinvestor
Sun Mar 04, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: California Tax Exempt GO Bonds - March 6th Offering
Replies: 2
Views: 568

Re: California Tax Exempt GO Bonds - March 6th Offering

State GO bonds are relatively safe((little credit risk)outside of Ill.I don't know how much you are planning to spend but purchasing a 5 year 10 year and 15 year bond should work out fairly well.If you will have need for the money in a few years you may want to adjust these dates. Trading bonds is e...
by sometimesinvestor
Mon Feb 26, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any Ideas on How to Reduce Our Adjusted Gross Income?
Replies: 16
Views: 2056

Re: Any Ideas on How to Reduce Our Adjusted Gross Income?

+ 1 .If the abbreviation is too cryptic its a charity donation where you send all or part of your required distribution to charity/ You don't get a deduction for this but the distribution that goes to charity is not counted as income hence lowers your adjusted gross income. Note its your IRA that se...
by sometimesinvestor
Sun Feb 11, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401k pre-tax, Roth, or a blend?
Replies: 18
Views: 1486

Re: 401k pre-tax, Roth, or a blend?

Eventually you should have both kinds of IRA and at times 100% traditional but at your current age and income 100% ROth seems right. When eitherage or income changes significantly you can come back to this site for additional and perhaps different advice.
by sometimesinvestor
Tue Feb 06, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: 100K to invest - Need help/opinions.
Replies: 6
Views: 952

Re: 100K to invest - Need help/opinions.

The state you live in is not irrelevant unless you reject the idea of a 529(college savings plan) Fidelity may permit you to invest in one for your state if they don't offer one Also since it appears you are opening a taxable account a muni bond fund for your state may be best.Finally for the total ...
by sometimesinvestor
Mon Jan 29, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: Warning: 2017 HR Block program miscalculates federal tax (windows)
Replies: 16
Views: 2033

Re: Warning: 2017 HR Block program miscalculates federal tax (windows)

I don't see that it matters much. The IRS program will surely check the tax on the taxable income and find the error. If you overpay you will geta refund and IF you underpay I am sure Block will pay any penalty. For most of us I am sure Block is still doing updates and will make any needed correctio...
by sometimesinvestor
Mon Jan 29, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: WSJ: Wall Street to Vanguard: We’re Not Your Doormat [Fidelity charging some plans to hold Vanguard funds]
Replies: 63
Views: 11342

vanguard attacked by other firms

[merged into existing topic - moderator prudent]

there will be an impact on vanguard funds/etfs held with other firms

https://www.wsj.com/articles/wall-stree ... 1517157915
by sometimesinvestor
Thu Jan 11, 2018 4:59 am
Forum: Personal Finance (Not Investing)
Topic: Forget Customer Service--Vanguard has lousy Computers
Replies: 22
Views: 3444

Re: Forget Customer Service--Vanguard has lousy Computers

In my opinion,and this may reflect a lack of skill /confidence on my part , if something goes wrong with an online transaction, I make an effort to speak to a human.
by sometimesinvestor
Tue Jan 02, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: RMD First-Timer needs help
Replies: 33
Views: 2845

Re: RMD First-Timer needs help

Fidelity can certainly tell you how much has to be taken out for RMd. I imagine they will send you a check or make a direct deposit at your preference.No, they don't know your tax situation but that does not affect the size of the RMD.Your accountant can tell you the amount early in 2019 but could p...
by sometimesinvestor
Fri Dec 29, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Did I just make rookie mistake?
Replies: 19
Views: 3581

Re: Did I just make rookie mistake?

If you still have trouble understanding just follow the rule: Don't buy mutual funds in December ina taxable account. OF course you now know
1. You made a rookie mistake
2 Its not that big a deal and all of us have and will make bigger mistakes.
by sometimesinvestor
Wed Dec 27, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3777

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

For reasons having to do with the minimum check you can write I would go with Fidelity rather than Vanguard. This would not be true if you don't make donations smaller than $500. Next year the standard deduction for married filing joint will be around 25K and and you will be able to use up to 10k in...
by sometimesinvestor
Tue Dec 26, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3094

Re: Where to save/invest $4.7k per month for next 10 years

I would be bolder given the long time period, Invest one year (12 x4.7k)in 40% s+p 500 + 60% in california tax free for the next 6- 8 years. If the market seems high then sell out and buy individual tax free bonds and CDs as appropriate maturing when you need the money. If the market does not seem r...
by sometimesinvestor
Tue Dec 26, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 8044

Re: Can I afford a $600-650k house?

I would wait a year and see what the impact of the new tax law is on property values in the DC area. Obviously waiting could be good or bad but you can use the year to build up retirement accounts, research the housing market and have more money fora down payment.
by sometimesinvestor
Tue Dec 26, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I preserve parents’ risky portfolio? Or “disobey” them?
Replies: 74
Views: 5846

Re: Should I preserve parents’ risky portfolio? Or “disobey” them?

Still not clear to me what disobey means. I would not touch the taxable accounts To me 100s of stocks sounds like a diversified portfolio to me. I suggest you look at the sectors of the stocks and see to what extent they overweight risky sectors, I would look at the 10 largest stock positions in the...
by sometimesinvestor
Tue Dec 26, 2017 9:56 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 15626

Re: Will you take this Fidelity bait ?

It's A good idea to keep an eye on the situation I would not do it now but better offers are likely to be available at some point in the future
by sometimesinvestor
Tue Dec 26, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: New tax plan-62 year old convert to Roth before RMD?
Replies: 31
Views: 2944

Re: New tax plan-62 year old convert to Roth before RMD?

I agree with Grabiner . Basically do it over a period of years (you have 8)If your IRA/401k is large enough you will still have money in it at the time you reach 70+ but that's ok
by sometimesinvestor
Sun Dec 17, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with H&R Block Tax Software Download
Replies: 10
Views: 893

Re: Problem with H&R Block Tax Software Download

A year ago I had a problem with the software. When I called H+R block I was sent a link and that worked fine so basically I am sure the problem will be resolved to your satisfaction but less sure someone on this site can help
by sometimesinvestor
Sun Dec 17, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Leveraged Company Stock (FLVCX)
Replies: 3
Views: 441

Re: Fidelity Leveraged Company Stock (FLVCX)

It worked very well from 2002 -early in 2008. Since then not as well.If energy comes back it may do well
by sometimesinvestor
Fri Dec 15, 2017 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 tax help
Replies: 20
Views: 2146

Re: 2017 tax help

whether Roth conversions at the 28% level is worth it probably depends on how big your tax deferred accounts are or to put it another way what will your RMD be be in 6 years assuming a modest return 5-7% annually
by sometimesinvestor
Fri Dec 15, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 4170

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

yes especially if you are in a state with significant state taxes as federal securities are not taxed by states.Also you have excellent liquidity after 5 years (no penalty for selling ) and decent liquidity after one year3 months interest penalty
by sometimesinvestor
Fri Dec 08, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: At what age did your net worth increase more than your gross income?
Replies: 2
Views: 802

Re: At what age did your net worth increase more than your gross income?

In 2009 like a lot of people Not sure my age at the time is relevant but my asset allocation 75-25 probably ist.
by sometimesinvestor
Tue Dec 05, 2017 9:31 am
Forum: Investing - Theory, News & General
Topic: Swapping funds in taxable account
Replies: 3
Views: 613

Re: Swapping funds in taxable account

I agree with earlier posters. ADjust your asset allocation over time with new purchases not the sale of this position. The reasons given do not seem to justify the tax expenditure
by sometimesinvestor
Thu Nov 30, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Simple 3 fund portfolio in 401k - help?
Replies: 6
Views: 1083

Re: Simple 3 fund portfolio in 401k - help?

As you have suggested it would take many funds to replicate the 3 fund portfolio. If simplicity is a goal go with a target fund. Age in bonds isa conservative allocation but it is important that you are comfortable so if that is most appealing go with it. One can always invest in two different targe...
by sometimesinvestor
Tue Nov 28, 2017 9:35 pm
Forum: Investing - Theory, News & General
Topic: What would trigger the NEXT market meltdown?
Replies: 19
Views: 1915

Re: What would trigger the NEXT market meltdown?

It might not trigger a meltdown but if the ten year treasury has a yield of 3.75% or over stocks would certainly be overpriced and many non buy and holders would get out
by sometimesinvestor
Wed Nov 22, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11891

Re: GE - a good value?

I realize Jim Cramer is not popular on this site but I thought his analysis of GE rently seemed pretty good to me. Basicaly, he said that at current levels GE was probably not a good investment. Its dividend yield (below 3) is comparable to Mcdonalds and P+ G both of which have much better cash flow...
by sometimesinvestor
Fri Nov 17, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: RMD account
Replies: 16
Views: 1669

Re: RMD account

All these funds would be reasonable choices but they vary in risk. I am uncertain whether at $105000(adding $54000 to your income is such that investing in tax free bonds, which is what balanced invests in is appropriate though my guess is that the decision may be close enough to not be important. I...
by sometimesinvestor
Thu Nov 09, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: What is the difference between retiring and resigning from a job?
Replies: 42
Views: 8028

Re: What is the difference between retiring and resigning from a job?

In practice telling your boss you are retiring makes it more likely you could return after a period of time than saying you are retiring so it may increase your flexibility
by sometimesinvestor
Thu Nov 02, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: HR Block Taxcut Pre-sale
Replies: 7
Views: 821

Re: HR Block Taxcut Pre-sale

My experience is that a better price will be available but if you want to explore scenarios before the end of the year this might be a decent deal.I wait to March before doing my taxes but that might not be your preference
by sometimesinvestor
Sun Oct 29, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Ira - Help re: RMD from and ETF
Replies: 5
Views: 568

Re: Inherited Ira - Help re: RMD from and ETF

For reasons having something to do with taxes ( likely lower capital gains taxes next year) the stock market is not likely to go down much from current levels in 2017 though 5-10% is certainly possible.FOr this reason you may want to hold on till the DEc date Still FIdelity knows now(ITs based on De...
by sometimesinvestor
Sun Oct 29, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 11060

Re: Is it ok to have 100% stocks, 15 years+

I agree with most of the comments especially those suggesting 80-20. The problem with 100$ stocks is that you may not be able to buy more equities near the bottom and that fact is a significant reason that 80-20 is just about as good as 100-0 and much easier to sleep with. THat fact you were not inv...
by sometimesinvestor
Tue Oct 24, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: International allocation in 401k
Replies: 9
Views: 692

Re: International allocation in 401k

Don't know if you file single or joint but its probably a good idea to have up to a 100k international in taxable (if single to take advantage of the foreign tax credit Single. What does this mean? The foreign tax credit is easy to take advantage of provided it is less than $300 if you file single ...
by sometimesinvestor
Tue Oct 24, 2017 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: International allocation in 401k
Replies: 9
Views: 692

Re: International allocation in 401k

Don't know if you file single or joint but its probably a good idea to have up to a 100k international in taxable (if single to take advantage of the foreign tax credit
by sometimesinvestor
Sun Sep 24, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Transferring IRA as Beneficiary While Avoiding Financial Adviser
Replies: 37
Views: 3021

Re: Transferring IRA as Beneficiary While Avoiding Financial Adviser

Forget Fidelity advisor but I think you should call Fidelity . THey may be willing to help when Vanguard didn't and they are much more likely to have a local office near where you live. Its only a phone call.
by sometimesinvestor
Fri Sep 22, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: long term care
Replies: 5
Views: 851

Re: long term care

It is my understanding that the best time to buy this insurance is in your late 50s. AS to whether you should depends on many factors(your health amount of assets, your parents history, whether you have kids and whether they live nearby etc. and Iagree the threads may help.