Search found 73 matches

by Tony-S
Sun Dec 01, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Why do you hold bonds in your portfolio?
Replies: 77
Views: 5411

Re: Why do you hold bonds in your portfolio?

Recently I’ve learned some don’t rebalance or rarely rebalance. So for those only letting the funds grow, and never rebalance, why invest in bonds? While there’s no guarantee stocks will put perform bonds, haven’t they historically out performed better? So, unless it’s close to someone’s retirement...
by Tony-S
Mon Nov 25, 2019 12:53 pm
Forum: Personal Investments
Topic: 403b Mutual of America vs T Rowe Price
Replies: 26
Views: 1256

Re: 403b Mutual of America vs T Rowe Price

Yes, past performance is not guarantee of future results. I also looked at the tenure of the manager. A good example is their New Horizons fund https://www.troweprice.com/personal-investing/tools/fund-research/PRNHX. It had very good performance, but the manager just left. The new manager only work...
by Tony-S
Sun Aug 04, 2019 8:05 am
Forum: Personal Investments
Topic: Tax question on MF exchange
Replies: 7
Views: 431

Re: Tax question on MF exchange

That said, making a bunch of assumptions, if the mutual fund is something like Vanguard total stock, your federal income tax would be about $500. Great, thanks much - that helps tremendously. So, even though I invested $18,000, withdrawal of this same amount won't be tax-free. Wishful thinking on m...
by Tony-S
Sat Aug 03, 2019 4:48 pm
Forum: Personal Investments
Topic: Tax question on MF exchange
Replies: 7
Views: 431

Re: Tax question on MF exchange

Yes US citizen. Currently in the 22% federal tax bracket. If you need more specific info I will provide it. Thanks!
by Tony-S
Sat Aug 03, 2019 4:40 pm
Forum: Personal Investments
Topic: Tax question on MF exchange
Replies: 7
Views: 431

Tax question on MF exchange

If I have contributed $18,000 to a mutual fund more than a year ago and it’s now worth $22,000, what would the tax burden be if I exchanged $18,000 for cash?
by Tony-S
Thu Aug 01, 2019 5:08 pm
Forum: Personal Investments
Topic: "How active management survives"
Replies: 26
Views: 3876

Re: "How active management survives"

MarkRLV wrote:
Wed Jul 31, 2019 7:25 pm
I would even like to find one that outperformed the market in total for 10 years compared to the market performance.
T Rowe Price’s New Horizons and Blue Chip fund managers to name two.
by Tony-S
Thu Jun 27, 2019 4:42 pm
Forum: Personal Investments
Topic: Is .7 too high of an admin fee in a 457b?
Replies: 20
Views: 1323

Re: Is .7 too high of an admin fee in a 457b?

It's probably worthwhile for you to have a pleasant, non-accusatory conversation with the folks at HR to see if another, lower cost custodian for the 457b plan could be secured. I agree with Will. My SO has Nationwide and I think they’re a poor choice for such accounts. We’ve tried to get details o...
by Tony-S
Thu Jun 27, 2019 4:37 pm
Forum: Personal Investments
Topic: Criticize my TIAA-CREF decumulation plan
Replies: 5
Views: 578

Re: Criticize my TIAA-CREF decumulation plan

When I was done with my previous employer the first thing I did was move my TIAA retirement funds to T Rowe Price. There are others including Fidelity and Vanguard that are better than TIAA in my opinion. Have you considered a rollover as another option?
by Tony-S
Tue Jun 25, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Experience with Better Mortgage
Replies: 21
Views: 2031

Re: Experience with Better Mortgage

They did fine. Closed on time with no issues. The loan servicing was transferred to another company within 30 days. That's great to hear. I checked bankrate.com and they were the second best rate that came up. The best is a company called "Go" and I am having trouble finding anything about it. Ther...
by Tony-S
Tue Jun 25, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Experience with Better Mortgage
Replies: 21
Views: 2031

Re: Experience with Better Mortgage

Nate79 wrote:
Wed Apr 24, 2019 12:52 pm
They say it takes 10-15 days to transfer servicing and we just completed 5 days ago.
https://better.com/faq/loan-servicing
Were you happy with the final outcome?
by Tony-S
Wed Jun 12, 2019 7:47 am
Forum: Personal Investments
Topic: Same fund, different expenses
Replies: 2
Views: 268

Re: Same fund, different expenses

OK, thanks for the clarification. Nationwide seems to be a terrible company for retirement plans. They have other selections but with similar fees and their S&P 500 Index fund also has high fees (and not very good performance).
by Tony-S
Tue Jun 11, 2019 7:18 pm
Forum: Personal Investments
Topic: Same fund, different expenses
Replies: 2
Views: 268

Same fund, different expenses

My SO has T Rowe Price's Midcap Value fund in her work retirement managed by Nationwide. Its symbol is RRMVX. The prospectus also lists the retail investor class of this fund, TRMCX. But the fees are quite different: TRMCX Management = 0.64% 12b-1 = 0.00% Other = 0.14% Total 0.78% RRMVX Management =...
by Tony-S
Sun May 05, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 167
Views: 16665

Re: Should we discourage the bond tent?

Considering how the Fed is principally focused on keeping inflation in check, would it be wise to simply put 8 to 10 years or so of retirement spending funds in bonds/MM/etc., regardless of a potential market decline? This may or may not result in a bond tent but it would substantially increase the ...
by Tony-S
Sat May 04, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 30540

Re: 20 countries where 200K in retirement savings will last you decades

Here's another list of 20 countries (supposedly on $150k in retirement savings), including many of the usual suspects, but also additional information on what it takes to get residency in the countries. https://www.msn.com/en-us/money/retirement/20-countries-where-you-can-retire-comfortably-on-dolla...
by Tony-S
Sat May 04, 2019 8:28 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 167
Views: 16665

Re: Should we discourage the bond tent?

When I was in my early 50’s, I planned to hold 60/40 through out retirement. Some reading about the potential for sequence of return risk convinced me that I should start retirement at closer to 40/60. Was this decision based upon statistical probability of a 40/60 success, or was it because 40% ga...
by Tony-S
Mon Apr 29, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 30540

Re: 20 countries where 200K in retirement savings will last you decades

Here's a different list, based upon specific categories: https://www.liveandinvestoverseas.com/best-places-to-retire/ Cost of Living Health Care Residency Options Entertainment Recreation English Spoken Expat Community Taxes Real Estate Affordability Real Estate Restrictions Infrastructures Environm...
by Tony-S
Mon Apr 29, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"
Replies: 76
Views: 11254

Re: The counterargument [Index investing is not a good strategy for most]

Regarding the specific fund that was referenced (The T. Rowe Price New Horizons Fund PRNHX), I'll be looking at how the fund has performed over the last 20-30 years as this is a more realistic time horizon for many people. I would also like to take the ER and AUM fee into account and then see how t...
by Tony-S
Thu Apr 25, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 30540

Re: 20 countries where 200K in retirement savings will last you decades

AlohaJoe wrote:
Fri Oct 05, 2018 7:26 pm
  • Slovenia
Heading to Slovenia next month for some hiking in the Julian Alps.
by Tony-S
Tue Apr 23, 2019 9:16 pm
Forum: Personal Investments
Topic: Three fund Portfolio in two accounts
Replies: 17
Views: 2762

Re: Three fund Portfolio in two accounts

Should I keep TRBCX? (blue chip fund) or sell it and put those proceeds towards the bond fund and the total market fund? I think you should keep it. I've had it for more than 20 years and it's beat the S&P 500/Total Market by more than 1% per year during that time. Keep in mind, though, that it hol...
by Tony-S
Tue Apr 23, 2019 10:28 am
Forum: Personal Investments
Topic: Three fund Portfolio in two accounts
Replies: 17
Views: 2762

Re: Three fund Portfolio in two accounts

Thank you very much, I really appreciate that! Investing can seemingly be daunting, and easy to compare yourself to others in terms of portfolio and feel like you aren't on the right track. This forum has taught me to keep it simple! Personally, I wouldn't have anything in bonds at your age. I was ...
by Tony-S
Tue Apr 23, 2019 10:26 am
Forum: Personal Investments
Topic: T. Rowe Price Claims they consistently beat Indexing
Replies: 39
Views: 7795

Re: T. Rowe Price Claims they consistently beat Indexing

5. If you are counting on the historical performance of index funds to achieve your financial goals, but then badmouthing active funds with 30+ years of great performance, you are clearly just being logically inconsistent. This is what's really ironic about (seemingly) most responses here. I've had...
by Tony-S
Tue Apr 23, 2019 8:48 am
Forum: Personal Investments
Topic: Three fund Portfolio in two accounts
Replies: 17
Views: 2762

Re: Three fund Portfolio in two accounts

Mtangler25 wrote:
Mon Apr 22, 2019 9:43 pm
In my Roth I have roughly $7,200
You're off to a great start. Keep contributing as you can and you'll have a comfortable retirement.
by Tony-S
Thu Apr 11, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Active vs Passive Fund management
Replies: 18
Views: 1566

Re: Active vs Passive Fund management

I just wanted some guidance on how to decipher the information in this article/study. Is this good information to go on, or did the author cherry-pick the data to prove a point about actively-managed funds? On average , passive index funds outperform active funds. However, some active funds outperf...
by Tony-S
Tue Apr 09, 2019 7:49 pm
Forum: Personal Investments
Topic: Best time to contribute money to Roth IRA?
Replies: 17
Views: 1502

Re: Best time to contribute money to Roth IRA?

Yup, mine all goes in January 2.
by Tony-S
Wed Mar 13, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 2018’s Active Vs. Index Scorecard
Replies: 49
Views: 3958

Re: Larry Swedroe: 2018’s Active Vs. Index Scorecard

I was relying on Google's charts. Not sure what to make of PV data - perhaps PRNHX pays more in dividends. New Horizons doesn't pay dividends, only capital gains. Regardless, my main point was that you are confusing strategy and outcome ( a common mistake ). Even if your particular lottery ticket h...
by Tony-S
Wed Mar 13, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 2018’s Active Vs. Index Scorecard
Replies: 49
Views: 3958

Re: Larry Swedroe: 2018’s Active Vs. Index Scorecard

Incidentally, over the last 5 years S&P 500 returned 47% vs T. Rowe Price New Horizons Fund 16% That is a threefold underperformance I'm not getting into an argument with you about your cherry-picked data because I have better things to do. But you should double check your numbers because according...
by Tony-S
Wed Mar 13, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 2018’s Active Vs. Index Scorecard
Replies: 49
Views: 3958

Re: Larry Swedroe: 2018’s Active Vs. Index Scorecard

Vulcan wrote:
Wed Mar 13, 2019 1:41 pm
(snip irrelevant imge)
Your cartoon jab is completely wrong. Had I been in index funds for those 20 year instead of my TRP funds, I'd have about $80k less than what I do now. That's a fact.
by Tony-S
Wed Mar 13, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 2018’s Active Vs. Index Scorecard
Replies: 49
Views: 3958

Re: Larry Swedroe: 2018’s Active Vs. Index Scorecard

Anyone who reads these figures (from the most reliable source available (SPIVA), and still buys a managed fund, is not a rational person. My T Rowe Price New Horizons and Blue Chip Growth funds have outperformed S&P 500 and Total Market index funds over the last 20+ years. I have no intention to ch...
by Tony-S
Tue Mar 12, 2019 9:07 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 7559

Re: Time to buy Boeing?

Whether both crashes were caused by the MCAS, whether both crashes were caused by something else, or whether neither crash had anything to do with the other, it's asking a lot from your ordinary consumer to understand the fine points, or even the broad strokes of the investigation. Most were willin...
by Tony-S
Mon Mar 11, 2019 7:36 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 7559

Re: Time to buy Boeing?

There's already a lengthy thread about Boeing.
by Tony-S
Wed Mar 06, 2019 9:42 am
Forum: Personal Investments
Topic: Question re strategy for transferring inherited IRA from TRowePrice IRA to Vanguard
Replies: 5
Views: 400

Re: Question re strategy for transferring inherited IRA from TRowePrice IRA to Vanguard

doraemon wrote:
Tue Mar 05, 2019 1:58 pm
Hi. I inherited a TRowePrice IRA from my mother. Total value is $35K divided among five TRowePrice funds.
Just out of curiosity, what are these 5 TRP funds?
by Tony-S
Mon Mar 04, 2019 9:00 am
Forum: Personal Investments
Topic: Best book [to give to young people about investments]
Replies: 14
Views: 1289

Re: Best book

The Bogleheads' Guide to Investing is the one I'd recommend. In terms of student loans, it's simply a fact that college education costs more than it did 30 years ago and one of the principal causes is that states no longer subsidize these students as they did before. Thus, student loans are often re...
by Tony-S
Sat Feb 23, 2019 10:41 pm
Forum: Personal Investments
Topic: First timer - portfolio once over
Replies: 7
Views: 655

Re: First timer - portfolio once over

Current retirement assets Taxable $40000 in domestic stocks Can you specify in what this money is invested in? Could be significant tax consequences depending on the instrument(s). His Roth IRA at Fidelity $40000 Fidelity 500 Index FXAIX His Roth IRA at TRowe Price $30000 TRowe Dividend Growth PRDG...
by Tony-S
Sat Feb 23, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: When taking Social Security @62 could be wise
Replies: 191
Views: 15072

Re: When taking Social Security @62 could be wise

So the reason for this post - I am always amused to remember a very memorable post that I saved from here years ago- I can't attribute it to any author as I neglected to save that information but if anyone recognizes their words please speak up so I can correctly attribute in the future. Seems like...
by Tony-S
Sat Feb 23, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-B or not?
Replies: 2
Views: 330

1099-B or not?

I thought I'd get a 1099-B for Monsanto this year. I sold a small holding (~$300) but I did not receive the 1099-B from ComputerShare. When I looked at their online help, here's what it says: Tax statements such as a 1099-B are typically available online on the Investor Center website after they hav...
by Tony-S
Wed Feb 20, 2019 9:11 am
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 281
Views: 19180

Re: Vanguard Customer Service is Horrible

Also, Fidelity is privately owned and their reps are not necessarily looking out for your best interests. An odd conclusion to draw: private ownership > customer satisfaction. Anyway it doesn't seem that VG reps are necessarily looking out for clients' best interests. (Disclaimer: No dog in this fi...
by Tony-S
Mon Feb 18, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: Bucket strategy fails according to study
Replies: 17
Views: 3228

Re: Bucket strategy fails according to study

2015 wrote:
Mon Feb 18, 2019 2:15 pm
I see the witch doctors are out again. I wouldn't clean my windows with the pages of Barron's.
The Barron's link is just a news report. The actual paper is found here:

https://papers.ssrn.com/sol3/papers.cfm ... id=3274499
by Tony-S
Sun Feb 17, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Bucket strategy fails according to study
Replies: 17
Views: 3228

Bucket strategy fails according to study

https://www.barrons.com/articles/bucket-strategies-for-retirement-saving-51550241230?mod=hp_LATEST Just one study that examined 3 bucket strategies and 11 non-bucket strategies. It suggests the best approach is 60% stocks, 40% T-bills with rebalancing and at 4% withdrawal over 30 years is the best a...
by Tony-S
Tue Feb 12, 2019 8:49 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 29
Views: 3827

Re: T Rowe Price?

A nice article on Larry Puglia, who runs TRP's Blue-Chip fund. It's outperformed the S&P 500 index for 20+ years.

https://www.marketwatch.com/story/proof ... 2019-02-11
by Tony-S
Sun Feb 10, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 29
Views: 3827

Re: T Rowe Price?

I also have TRP for most of my retirement, principally spread between New Horizons (closed) and Blue-Chip growth. Both funds were in the positive last year and have outperformed S&P 500 by 2% and 1.4% over the last 20+ years, even accounting for the fees (~0.70%). TRP's customer service and their we...
by Tony-S
Sun Feb 03, 2019 9:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50665

Re: Larry Swedroe: 3% is the new 4%

That's possible. But it could also be that we are getting closer to the upper limit of human beings' lifespans. If we merely extrapolate prior medical advances and the resulting increased lifespans far enough into the future, people would one day be living for thousands of years. Maybe that will ha...
by Tony-S
Sun Feb 03, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50665

Re: Larry Swedroe: 3% is the new 4%

I actually understood life expectancy is declining in the US: For decades, U.S. life expectancy was on the upswing, rising a few months nearly every year. Now it's trending the other way: It fell in 2015, stayed level in 2016, and declined again last year, the CDC said. The nation is in the longest...
by Tony-S
Tue Jan 29, 2019 6:44 pm
Forum: Personal Investments
Topic: Good reasons for selling an S&P 500 index fund
Replies: 12
Views: 1753

Re: Good reasons for selling an S&P 500 index fund

That does not mean that you are guaranteed to make money if you hold for ten years. However, from 1926-2014, over 80 overlapping 10-year holding periods, the S&P 500 (and predecessor indexes) made money 76 times out of 80, and only lost money 4 times out of 80. From 1926-2014, portfolios of 70% sto...
by Tony-S
Mon Jan 21, 2019 5:19 pm
Forum: Personal Investments
Topic: 55yrs old 50/50 or 60/40 in this environment
Replies: 19
Views: 2747

Re: 55yrs old 50/50 or 60/40 in this environment

I'm about your age and am 80/20 with plans to retire at 67 to 70 (love my job). I think 60/40 is too conservative but it's really a decision for you to make. Do you expect to have a decent amount of SS or other income during retirement? Do you have a Roth established?
by Tony-S
Sat Jan 19, 2019 9:26 am
Forum: Personal Investments
Topic: PRHSX (T. Rowe Price Health Sciences Fund) vs VHT (Vanguard Health Care ETF)
Replies: 12
Views: 1389

Re: PRHSX vs VHT

T. Rowe Price Health Sciences Fund (PRHSX) https://www3.troweprice.com/fb2/fbkweb/snapshot.do?cusip=741480107 Vanguard Health Care ETF (VHT) https://investor.vanguard.com/etf/profile/VHT As I said, I appreciate your feedback. I am trying to learn from people who are more experienced than myself. Ev...
by Tony-S
Sat Jan 12, 2019 11:59 am
Forum: Personal Investments
Topic: Tax software for filing state returns
Replies: 12
Views: 637

Re: Tax software for filing state returns

creditkarma is the one that offers free state filling. They're the one that also offers free credit scores. Too many bad things associated with credit karma. I never signed up for them and I routinely get emails stating events have occurred to my credit report, only to find that nothing has occurre...
by Tony-S
Sat Jan 12, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Setting up 501(c)(3) account
Replies: 2
Views: 237

Re: Setting up 501(c)(3) account

Thanks for your reply - yes, a link to an investment policy would be great!

So, in terms of setting it up, do I need to call V or F and ask them to do it, or can it be done online like personal accounts?
by Tony-S
Sat Jan 12, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Setting up 501(c)(3) account
Replies: 2
Views: 237

Setting up 501(c)(3) account

I am an officer of a non-profit 501(c)(3) organization and our funds have been managed by an advisor that charges about 1% fee per year and has underperformed the S&P 500 substantially. I think moving to passive index funds is probably a good move and I am looking for advice on how to go about this ...