Search found 11 matches

by Mike11
Wed Sep 04, 2019 9:10 am
Forum: Investing - Theory, News & General
Topic: Very bad day
Replies: 39
Views: 6337

Very bad day

I've seen some mention of keeping cash available to purchase funds following a "very bad day." I'm looking for opinions on the idea and specifics of what constitutes a "very bad day." Also a couple basic questions, if you place a buy order on Vanguard the night after a very bad day, when does the bu...
by Mike11
Tue Aug 20, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: Parking money
Replies: 12
Views: 1622

Re: Parking money

Thanks for all the advice. As FYI: as long as my quarterly income tax payments this year total 110% of last years tax, I will have no penalty. My state tax rate is 5% so equivalent yield is not significantly higher for the Treasury MM but it is absolutely worth considering for the safety factor. My ...
by Mike11
Tue Aug 20, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Parking money
Replies: 12
Views: 1622

Parking money

I sold my business and my CPA says I can wait to pay the lump sum taxes until April. Looking for opinions on where to park 600,000 until April? I must admit to being a bit confused by the SEC yield listed on my Vanguard Prime Money market which is listed at 2.1% vs Vanguard's YTD reported rate of 1....
by Mike11
Thu Aug 01, 2019 10:53 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 372
Views: 64748

Re: Bonds - Throw it all on the table!!!

Re: few having taxable monies in Total Bond. If the vast majority of your investments are in a taxable account what other bond funds would be recommended. Please correct me if I am mistaken, by my figures muni funds do not have higher total returns until you get in a tax bracket above 24% which corr...
by Mike11
Sun Jun 16, 2019 3:54 pm
Forum: Personal Investments
Topic: Selling my business
Replies: 2
Views: 685

Re: Selling my business

Thank you. I began my portfolio testing with TSM, it is likely more diversified and at the end of the day I may very well opt for all 40% of my equity AA there. Using the short term historical data available (since 2004) shows a 3% smaller max drawdown from 2008 with the consumer staples added. Othe...
by Mike11
Sat Jun 15, 2019 9:53 pm
Forum: Personal Investments
Topic: Selling my business
Replies: 2
Views: 685

Selling my business

My retirement situation is fairly lengthy so I thought I would pose a simplified scenario. I am 60 years old. Plan to begin SSA at 70 years age. 3700 monthly. I will be selling my business in a couple months and will be receiving an after tax lump sum of 1,800,000. Because I will have other income f...
by Mike11
Tue May 21, 2019 10:23 pm
Forum: Personal Investments
Topic: Vanguard Tax Managed Fund
Replies: 8
Views: 1395

Re: Vanguard Tax Managed Fund

Thanks. All good info. And yes, I could easily see the reportable income from either rebalancing or taxable index monies pushing me from a 24% bracket to a 32% bracket. As a small business owner I have never had access to a 401K but I will for the next 7 years so perhaps I could put any income above...
by Mike11
Mon May 20, 2019 8:23 pm
Forum: Personal Investments
Topic: Vanguard Tax Managed Fund
Replies: 8
Views: 1395

Re: Vanguard Tax Managed Fund

Good to know about tax loss harvesting. Thanks. Looks like another subject for me to research. As part of my business sale proceeds I will purchase a delayed SPIA that starts in 7 years and will produce income of 3000 per month. The after tax sale proceeds will also produce just under 7 figures to i...
by Mike11
Mon May 20, 2019 6:54 pm
Forum: Personal Investments
Topic: Vanguard Tax Managed Fund
Replies: 8
Views: 1395

Vanguard Tax Managed Fund

Question about Vanguard Tax Managed Balanced Fund Admiral VTMFX. I am still in the learning curve for investing. Early learning curve. I am 60 years old and will close on the sale of 80% of my business soon. I will be placing business sale proceeds into a Vanguard Equity:Bond mix of some sort. For t...
by Mike11
Mon May 13, 2019 5:46 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4574

Re: Email to my Edward Jones Rep

Thank you all for your responses. 29 consistent replies. I will certainly follow the advice and transfer existing funds tomorrow then let him know it's been done. I'm impressed. If I ask my staff if the sky is blue I would get 25 yes and 4 maybe/other. Plus, 29 responses and only 1 bordering on unne...
by Mike11
Mon May 13, 2019 1:05 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4574

Email to my Edward Jones Rep

First posting here. Thanks to the wealth of info here, I have been diligently learning the basics of investing. I've read 4-5 books referred by this site and have lurked in the forums and wiki and soon I hope to be well enough informed to ask for input on my future plans. I thoroughly understand the...