Search found 87 matches

by HappyJack
Fri Nov 08, 2019 10:11 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 34
Views: 2065

Re: Talk Me Off the Active Investing Ledge!

Reminds me of this quote (from livesoft) I saw on the forum regarding fund managers (which may or may not apply) “We turn your money and our experience into our money and your experience”
by HappyJack
Mon Nov 04, 2019 8:25 am
Forum: Personal Investments
Topic: Cash to Intermediate Treasuries Now?
Replies: 7
Views: 905

Re: Cash to Intermediate Treasuries Now?

sorry VFIUX.
by HappyJack
Mon Nov 04, 2019 8:25 am
Forum: Personal Investments
Topic: Cash to Intermediate Treasuries Now?
Replies: 7
Views: 905

Cash to Intermediate Treasuries Now?

Rebalancing calls for a 2% move from Cash ally 1.8% to my VF our UX intermediate treasuries fund in tax deferred. It’s not a big move. Does anyone see any problem with this rebalancing. I would be able to pull the funds out of my tax deferred if necessary. Thanks.
by HappyJack
Wed Oct 23, 2019 11:37 am
Forum: Personal Investments
Topic: Short Term VFIUX or CD?
Replies: 3
Views: 411

Re: Short Term VFIUX or CD?

Thank you.
by HappyJack
Wed Oct 23, 2019 7:33 am
Forum: Personal Investments
Topic: Short Term VFIUX or CD?
Replies: 3
Views: 411

Short Term VFIUX or CD?

66. Retirement could come this year. Trying to get used to reducing my cash positions bc I can draw from my tax deferred. Currently in balance 50/50. Need to rebalance within FI to add to VFIUX and reduce cash (Ally) somewhat (2%). If I might need to draw from my FI within 12 months should I go CD o...
by HappyJack
Mon Oct 14, 2019 10:31 pm
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3373

Re: Withdrawal Plan. McClung or Allocation Bands?

OP here
My plan has been to rebalance often in retirement using tolerance bands in each asset class (fund or etf). I read a Vanguard paper by Daryanani that seemed to make sense. Is this a good approach in retirement/de-accumulation if coupled with VPW withdrawal system. Thoughts?
by HappyJack
Mon Oct 14, 2019 10:30 pm
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3373

Re: Withdrawal Plan. McClung or Allocation Bands?

OP here
My plan has been to rebalance often in retirement using tolerance bands in each asset class (fund or etf). I read a Vanguard paper by Daryanani that seemed to make sense. Is this a good approach in retirement/de-accumulation if coupled with VPW withdrawal system. Thoughts?
by HappyJack
Sat Oct 12, 2019 8:48 am
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3373

Withdrawal Plan. McClung or Allocation Bands?

My original de-accumulation plan was to continually re-balance to keep my asset allocation within tolerance bands. I recently read Mr. Mcclung’s book. His idea is to sell only from bonds until the stock allocation is up 20% from the initial starting point. I would really like to know some peoples th...
by HappyJack
Fri Oct 11, 2019 8:30 am
Forum: Personal Investments
Topic: Bond Allocation Choices at Retirement
Replies: 10
Views: 1746

Re: Bond Allocation Choices at Retirement

Thanks dbr. I greatly value your thoughts and read your posts daily. Yes. All bonds are in 401k space. I wanted to keep it simple. If there is a pitfall here please let me know. And thanks again.
by HappyJack
Fri Oct 11, 2019 7:24 am
Forum: Personal Investments
Topic: Bond Allocation Choices at Retirement
Replies: 10
Views: 1746

Re: Bond Allocation Choices at Retirement

Thought that treasuries were pretty safe so that is why I have them. Didn't want to complicate with bond or CD ladders or treasury direct purchases unless there was a compelling argument. Thank you for your response.
by HappyJack
Fri Oct 11, 2019 6:01 am
Forum: Personal Investments
Topic: Bond Allocation Choices at Retirement
Replies: 10
Views: 1746

Bond Allocation Choices at Retirement

Retiring in December. Approx 2M. 50-50 allocation of stocks and bonds. Bonds are split 50-50 between intermediate term treasury ETF and BAGIX total bond fund. I have read a lot about I bonds and cd ladders on the forum. Is my current allocation OK at this point?
by HappyJack
Mon Oct 07, 2019 7:32 am
Forum: Personal Investments
Topic: Expense ratio Question
Replies: 4
Views: 471

Re: Expense ratio Question

Oops. Decimal point DO make a difference. 🥴 :oops: Many thanks
by HappyJack
Mon Oct 07, 2019 6:34 am
Forum: Personal Investments
Topic: Expense ratio Question
Replies: 4
Views: 471

Expense ratio Question

I currently own IJR and the VXF in the amount of 112,000 and expense ratios of .07 each. If I sold them and put everything in VTI at .03, would I pick up 4,480 in savings each year off of expenses? .07-.03= .04 x112,000 = 4480 ? I recognize VTI is a totally different fund, and I have holdings in the...
by HappyJack
Fri Sep 27, 2019 12:43 pm
Forum: Personal Investments
Topic: Vxf or vfiux in taxable
Replies: 4
Views: 375

Re: Vxf or vfiux in taxable

Thank you both.
by HappyJack
Thu Sep 26, 2019 8:05 pm
Forum: Personal Investments
Topic: Vxf or vfiux in taxable
Replies: 4
Views: 375

Re-Post: VXF or VFIUX in taxable?

I need to rebalance into my tolerance bands. Have run out of room in tax advantaged. Should I add to VXF (mid cap/small cap) or buy VFIUX (VG inter med treasuries) in taxable? Tax bracket 24 fed, 6 state. Thanks.
by HappyJack
Wed Sep 25, 2019 6:22 am
Forum: Personal Investments
Topic: Vxf or vfiux in taxable
Replies: 4
Views: 375

Vxf or vfiux in taxable

I need to rebalance into my tolerance bands. Have run out of room in tax advantaged. Should I add to VXF (mid cap/small cap) or buy VFIUX (VG inter med treasuries) in taxable? Tax bracket 24 fed, 6 state. Thanks.
by HappyJack
Sat Sep 21, 2019 7:42 pm
Forum: Personal Investments
Topic: Insurance Co 4.05% Cash Value
Replies: 8
Views: 773

Re: Insurance Co 4.05% Cash Value

Thx frcabot
by HappyJack
Fri Sep 20, 2019 9:11 pm
Forum: Personal Investments
Topic: Insurance Co 4.05% Cash Value
Replies: 8
Views: 773

Re: Insurance Co 4.05% Cash Value

Thank you all
by HappyJack
Fri Sep 20, 2019 7:10 am
Forum: Personal Investments
Topic: Insurance Co 4.05% Cash Value
Replies: 8
Views: 773

Insurance Co 4.05% Cash Value

Years ago I Purchased a whole life policy and dutifully paid the premiums thinking that it covered only the policy amount. Turns out it was also building cash value ( and no doubt a healthy comission for my salesperson). The good news is I have a substantial balance now that the company says is earn...
by HappyJack
Sat Aug 31, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Social security now or latet
Replies: 19
Views: 1737

Re: Social security now or latet

Thank you all. Much new information.
by HappyJack
Thu Aug 29, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social security now or latet
Replies: 19
Views: 1737

Re: Social security now or latet

Op here. I’m 66 wife is 65 and is taking benefits now. The uncertainty I was citing regards the potential solvency issue of SS.
by HappyJack
Thu Aug 29, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Social security now or latet
Replies: 19
Views: 1737

Social security now or latet

With all the uncertainty regarding the solvency and the politics surrounding Social Security I am wondering if I would be better to grab mine at 66 rather than the traditional advice to wait until 70. Thoughts? Concerns? Thanks
by HappyJack
Sat Aug 10, 2019 8:04 pm
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Re: Wash Sale ?

Yes. Thanks for your guidance.
by HappyJack
Sat Aug 10, 2019 4:38 pm
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Re: Wash Sale ?

Should I categorize my REIT (schwab ETF SCHH) as an equity holding or something else- other?
by HappyJack
Sat Aug 10, 2019 12:59 pm
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Re: Wash Sale ?

Thank you. Great stuff.
by HappyJack
Sat Aug 10, 2019 12:28 pm
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Re: Wash Sale ?

Livesoft. I might even consider prime numbers! :)
by HappyJack
Sat Aug 10, 2019 12:25 pm
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Re: Wash Sale ?

Thanks. Only considered a close match to stay asset allocated close to the VOO. Vanguard would be the family so the options you gave would work. Livesoft, I have read your posts extensively and I value your thoughts and experience. If you don’t mind my asking - One question I did have was approximat...
by HappyJack
Sat Aug 10, 2019 11:55 am
Forum: Personal Investments
Topic: Wash Sale ?
Replies: 10
Views: 618

Wash Sale ?

If I sell the VOO in taxable for a loss and buy VIIIX in tax deferred would that trigger a wash sale? If so, which fund would be closest match to buy to balance out? Thanks.
by HappyJack
Mon Jul 15, 2019 9:17 pm
Forum: Personal Investments
Topic: Portfolio Allocation accross accounts
Replies: 20
Views: 1576

Re: Portfolio Allocation accross accounts

Thank you. Yeah. I thought so but hoped not.
by HappyJack
Mon Jul 15, 2019 7:54 pm
Forum: Personal Investments
Topic: Portfolio Allocation accross accounts
Replies: 20
Views: 1576

Re: Portfolio Allocation accross accounts

Does anyone know if VOO etf (VG 500 etf) and VIIIX (Vanguard institutional 500 mutual fund) in a sell/buy transaction trigger a wash.
by HappyJack
Fri Jul 05, 2019 5:42 pm
Forum: Personal Investments
Topic: Monte Carlo Simulation
Replies: 47
Views: 4448

Re: Monte Carlo Simulation

Yes. Sorry. When I plug in my asset allocation, time horizon etc. what is a generally used bootstrap scenario for (worst 1 year first, worst 5 years first, etc). I recognize that there is not a standard answer for this but I wanted to know some opinions on what people would be plugging in for this t...
by HappyJack
Fri Jul 05, 2019 4:27 pm
Forum: Personal Investments
Topic: Monte Carlo Simulation
Replies: 47
Views: 4448

Re: Monte Carlo Simulation

Thanks for all these responses. One question I would have is what would be an appropriate bootstrap model for the simulation. Would it be worst first year, or worst five year, or what? For my Situation it makes a tremendous difference. What is a reasonable expectation or is there such a thing?
by HappyJack
Mon Jun 17, 2019 9:40 pm
Forum: Personal Investments
Topic: Annualized vs Cumulative Return
Replies: 8
Views: 632

Re: Annualized vs Cumulative Return

Thank you everyone. This sheds some light on it for me. With all the published data out there I wanted how to get an accurate picture of what my portfolio return was. Annualized and cumulative info is readily available and I wanted to determine the performance.
by HappyJack
Mon Jun 17, 2019 7:11 am
Forum: Personal Investments
Topic: Annualized vs Cumulative Return
Replies: 8
Views: 632

Annualized vs Cumulative Return

Need help. If I want to get a measure of how my portfolio is doing, should I measure it with annualized returns or cumulative returns. Thanks.
by HappyJack
Tue Jun 11, 2019 7:36 pm
Forum: Personal Investments
Topic: Monte Carlo Simulation
Replies: 47
Views: 4448

Re: Monte Carlo Simulation

Thanks to everyone for taking the time and effort to post these comprehensive replies. Any further thoughts - please keep them coming.
by HappyJack
Sat Jun 08, 2019 3:14 pm
Forum: Personal Investments
Topic: Monte Carlo Simulation
Replies: 47
Views: 4448

Monte Carlo Simulation

I recognize that a Monte Carlo simulation looks backward, and that can be no guarantee of future results. However, if I have entered in all the correct information regarding my assets and my intended withdrawals, is this a reasonably accurate tool to use for planning. Any other vehicles that people ...
by HappyJack
Tue Apr 02, 2019 5:36 pm
Forum: Personal Investments
Topic: The tactics of Withdrawal -McClung model
Replies: 14
Views: 1581

Re: The tactics of Withdrawal -McClung model

Thank you. That process would accomplish the withdrawal objective (per Mr McClung) and help me avoid higher taxes. Further - if the equities portion does accellerate above 1.2 x over the original allocation it would just be a straight sale on that side. Thanks again BHers.
by HappyJack
Tue Apr 02, 2019 8:33 am
Forum: Personal Investments
Topic: The tactics of Withdrawal -McClung model
Replies: 14
Views: 1581

The tactics of Withdrawal -McClung model

Age:66 Allocation: 50/50 All bonds in traditional IRA I read Michael McClung‘s book, and I think I have this correct. He advocates withdrawing only from bond funds until the initial stock allocation rises above 1.2 times the initial mark. All my bonds are in tax-deferred. I guess this means I take t...
by HappyJack
Thu Mar 21, 2019 1:19 pm
Forum: Personal Investments
Topic: REIT Tax documents 2018
Replies: 0
Views: 273

REIT Tax documents 2018

Has the tax reporting documentation for REITS come out yet for 2018? Particularly Starwood and Realty Inc? If I missed it, how would I locate it?
by HappyJack
Tue Mar 19, 2019 10:46 am
Forum: Personal Investments
Topic: Locked into BAGIX need balance
Replies: 3
Views: 406

Re: Locked into BAGIX need balance

Thanks. I honestly don’t have other options without putting fixed income over on my taxable side so I am kinda stuck. Your thoughts on BAGIX are reassuring.
by HappyJack
Mon Mar 18, 2019 9:22 pm
Forum: Personal Investments
Topic: Locked into BAGIX need balance
Replies: 3
Views: 406

Locked into BAGIX need balance

Original plan for my fixed income side was 50/50 TBM and Inter Treasury fund. However, I learned that the Choices on the bond of my 401k are only BAGIX and a Stable value fund. I can balance some outside of the plan in taxable. Any thoughts on BAGIX in general and on funds to compliment this choice ...
by HappyJack
Thu Mar 14, 2019 9:44 am
Forum: Personal Investments
Topic: IT Treasuries and TBM in downturns
Replies: 3
Views: 431

IT Treasuries and TBM in downturns

Does anyone have information on how intermediate term treasury and TBM funds did during some of the more dramatic market downturns in the past. Thanks.
by HappyJack
Tue Mar 12, 2019 7:37 am
Forum: Personal Investments
Topic: Guidance: Bond Choices for Retiree Portfolio
Replies: 14
Views: 1569

Guidance: Bond Choices for Retiree Portfolio

50/50 AA, retire in 1-2 years. I have read many threads on bond portfolio allocation., And they all have valid points. Considering TBM, TIPS, Int Treasuries, ST Treasuries. Would appreciate any thoughts on the preferred mix. Considering 100% TBM but didnt know if I need Other diversifcation into mor...
by HappyJack
Thu Mar 07, 2019 11:23 pm
Forum: Personal Investments
Topic: BH guidance on McClung Portfolio Allocation
Replies: 6
Views: 839

Re: BH guidance on McClung Portfolio Allocation

Thank you AlohaJoe. I have seen your post on similar subjects. Will do.
by HappyJack
Thu Mar 07, 2019 3:20 pm
Forum: Personal Investments
Topic: BH guidance on McClung Portfolio Allocation
Replies: 6
Views: 839

Re: BH guidance on McClung Portfolio Allocation

John Z Thank you very much for such a comprehensive reply. You are very good to take that amount of time. I really couldn’t find any responses about his theories, other than just comments about the book. I’m just not sure at this point whether I would want to add the emerging markets and internation...
by HappyJack
Thu Mar 07, 2019 7:34 am
Forum: Personal Investments
Topic: BH guidance on McClung Portfolio Allocation
Replies: 6
Views: 839

BH guidance on McClung Portfolio Allocation

I am currently 66 and retirement 1-4 years off. Current AA is 50/50 22% LC VOO, VIIIX 11% SC/MC VXF, IJR 11% International. VXUS 6% REIT. VNQ Bonds. TIPs, ST Treasuries, VBTLX I read Michael McClung’s book and though it was a little advanced for me I found his withdrawl procedures compelling. Transi...
by HappyJack
Tue Feb 26, 2019 8:03 am
Forum: Personal Investments
Topic: How to count my mortgage in my AA
Replies: 9
Views: 879

Re: How to count my mortgage in my AA

Thanks. Those threads are great.
by HappyJack
Tue Feb 26, 2019 7:19 am
Forum: Personal Investments
Topic: How to count my mortgage in my AA
Replies: 9
Views: 879

How to count my mortgage in my AA

What is the BH philosophy with regard to factoring your mortgage into your asset allocation. If I pay off my mortgage, would that count as a long-term bond in my allocation? Also, If I just continue to hold my mortgage, does the difference between the mortgage and the home value factorvin as a bond ...
by HappyJack
Sat Feb 23, 2019 3:45 pm
Forum: Personal Investments
Topic: ST Cash Instrument - ICHS?
Replies: 10
Views: 1024

Re: ST Cash Instrument - ICHS?

Thanks.