Search found 157 matches

by simplecd
Thu May 03, 2012 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Individual health insurance for 65 year old
Replies: 0
Views: 288

Individual health insurance for 65 year old

I started looking for my mother health insurance policy (she is green card holder from abroad) and does not work. Anyways, I was looking at the quotes from the www.ehealthinsurance.com after googling the web for the first time today regarding this matter. Do you guys have any recommendations/suggest...
by simplecd
Tue Mar 27, 2012 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Interest (foreign pension) from abroad and IRS reporting
Replies: 0
Views: 262

Interest (foreign pension) from abroad and IRS reporting

I wonder how is it done right. Say, you are getting an interest on your CD's somewhere in Europe, in euro's. Every month you get an interest payment. How do you report it to IRS in US dollars? what are the rules for the conversion. the same question regarding the foreign pension or Social Security t...
by simplecd
Tue Mar 13, 2012 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

Well there are other benefits for me. Tax-free growth is overrated in my opinion. There lots of other way to do better but I maxed them out. Estate planning is another reason. In my portfolio (the cash value) should be about 10 max 15 percent. Another good feature is the protection from creditors be...
by simplecd
Tue Mar 13, 2012 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

You haven't given any reason why you need a permanent death benefit. Your post also seems yo imply that your main focus is an investment. Without either a need or a strong desire to have a permanent death benefit knowing this means less cash for yourself, permanent insurance is always a money loser...
by simplecd
Tue Mar 13, 2012 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

I treat WL as insurance with flexibility and fixed income component. You mean lack of flexibility, right? You are locked into many more conditions than you are with a term policy. Also, WL is not really a fixed income investment. It is totally flexible to my situation and the DB I am planning on. Y...
by simplecd
Tue Mar 13, 2012 11:57 am
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

Te funny thing is... Are you guys trying to "trash" the topic. No need to be judgemental. I am not here to defend my questions.... And my position on that... Without full knowledge of my situation it's unwise to say that I am doing something wrong or right. Again... Read carefully and if you have st...
by simplecd
Tue Mar 13, 2012 10:39 am
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

If you read my post I already have term policy. I started this topic with specific questions. The discussion of term life plus invest the rest is irrelevant here. I treat WL as insurance with flexibility and fixed income component.
by simplecd
Tue Mar 13, 2012 1:13 am
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

Re: whole life insurance questions

Hello simplecd, You have two life insurance threads going here simultaneously and what you posted in the earlier thread seems inconsistent with what you are saying in your more recent thread. Suggest you go with one thread only. That said, your best bet might be to hire a good agent who is a CLU wh...
by simplecd
Tue Mar 13, 2012 12:05 am
Forum: Personal Finance (Not Investing)
Topic: whole life insurance questions
Replies: 19
Views: 1415

whole life insurance questions

I am looking for low cost WL (whole life) policy from one of the best companies. My research narrowed things down to the following: NYLife, Guardian, Northwestern Mutual, Mass Mutual. TIAA-CREF is out because they have only universal life policies, although they are very good and low cost. But I am ...
by simplecd
Mon Mar 12, 2012 11:26 pm
Forum: Investing - Theory, News & General
Topic: The cost of whole life insurance (actual and hidden)
Replies: 9
Views: 2131

Re: The cost of whole life insurance (actual and hidden)

no problem. i dont work for the industry by the way. i made the unfortunate mistake of trusting a financial advisor who really was just an insurance agent. Thus im fairly aware of the limitations and misrepresentation of whole life. I have a 2 million guardian whole policy and wouldnt have one if i...
by simplecd
Mon Feb 27, 2012 2:15 pm
Forum: Non-US Investing
Topic: Banking with European banks
Replies: 11
Views: 872

Re: Banking with European banks

That's sad that the regulation takes over the freedom of banking/investment choices. I read about Swiss bank troubles (uBS, Credit Suisse) but wasn't aware that lots of European countries close the doors for American customers.... Too sad
by simplecd
Mon Feb 27, 2012 10:42 am
Forum: Non-US Investing
Topic: Banking with European banks
Replies: 11
Views: 872

Banking with European banks

Planning to start banking in Europe and am wondering which banks to consider. Would appreciate your feedback. Most of my banking will be done in england, some in central Europe. Looking for a reliable, conservative, maintaining good privacy policy bank.
Thanks.
by simplecd
Wed Jan 11, 2012 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Checking account with best security features
Replies: 0
Views: 288

Checking account with best security features

It's a wild wild worrld. the internet is taking over and the threat of hackers is everywhere. How to improve the personal security from identity thiefs and cetera is the question of my day... it's very debatable topic but it would be nice to know the opinions and personal experience. Something makes...
by simplecd
Sun Jan 08, 2012 10:27 pm
Forum: Personal Investments
Topic: where are the Vanguard 529 funds distributions?
Replies: 6
Views: 821

Re: where are the Vanguard 529 funds distributions?

hmmm.... now i am questioning my choice... I got Vanguard Nevada Plan... is it a pretty good one? or Utah's is better? What's the most significant differences? would appreciate opinions... (while doing my new homework assignment... :)
by simplecd
Sat Jan 07, 2012 8:44 pm
Forum: Personal Investments
Topic: where are the Vanguard 529 funds distributions?
Replies: 6
Views: 821

Re: where are the Vanguard 529 funds distributions?

I kept digging yesterday and all I found was annual return data... It's my first year investing in Nevada vanguard 529 funds but I find really unpleasant the lack of Transperancy about distributions...
by simplecd
Fri Jan 06, 2012 11:47 pm
Forum: Personal Investments
Topic: where are the Vanguard 529 funds distributions?
Replies: 6
Views: 821

where are the Vanguard 529 funds distributions?

Looking through the website and having troubles to find the distribution data. F.e. Vanguard 529 Income Portfolio...??
by simplecd
Thu Jan 05, 2012 9:17 pm
Forum: Personal Investments
Topic: IBond as part of Bond Asset Allocation?
Replies: 12
Views: 1760

Re: IBond as part of Bond Asset Allocation?

my I-Bonds (high tax brackets) inflation-protected cash
my little girl I-Bonds (2 yo) IT TIPS (with free put option...!!!)

enjoy investing and continous learning!
by simplecd
Tue Jan 03, 2012 4:40 pm
Forum: Investing - Theory, News & General
Topic: Need Help to Test the investment system / portfolios
Replies: 1
Views: 301

Need Help to Test the investment system / portfolios

I'd like to test certain portfolios and would appreciate the guidance of some excel literate bogleheads. i just don't know how to program/calculate in excel other than just calculating manually. I ' d appreciate some guidance on how to make the proces more automatic. And if we could come up with a n...
by simplecd
Fri Dec 30, 2011 2:37 pm
Forum: Investing - Theory, News & General
Topic: Front Load your 529 with 65,000
Replies: 30
Views: 3750

Re: Front Load your 529 with 65,000

Just finished talking to fidelity 529 rep and the tax guideline is the 31st of December.
by simplecd
Fri Dec 30, 2011 11:32 am
Forum: Investing - Theory, News & General
Topic: Front Load your 529 with 65,000
Replies: 30
Views: 3750

Re: Front Load your 529 with 65,000

Thanks. Btw, what is 529 contribution deadline. From gift tax standpoint? December 31 or April 15?
by simplecd
Thu Dec 29, 2011 9:49 pm
Forum: Investing - Theory, News & General
Topic: Front Load your 529 with 65,000
Replies: 30
Views: 3750

Front Load your 529 with 65,000

I learnt something interesting today... you can front load your college 529 with 65,000 (5 years front load) and avoid gift taxes. I wonder if somebody's done that? I like the idea a lot and am going to do that this year. The question is the following. I have 2 accounts for the same beneficiary (Van...
by simplecd
Wed Dec 28, 2011 8:44 pm
Forum: Personal Consumer Issues
Topic: Skiing in Colorado - where to go?
Replies: 26
Views: 1612

Re: Skiing in Colorado - where to go?

Winter Park. Lots of locals like it there.
by simplecd
Mon Dec 26, 2011 5:50 pm
Forum: Investing - Theory, News & General
Topic: The cost of whole life insurance (actual and hidden)
Replies: 9
Views: 2131

Re: The cost of whole life insurance (actual and hidden)

you will never fully crack this nut one of the reasons is that different companies do it differently and another is bc it is intentionally a black box id read this if you havent already. its by a person who owns a whole life policy and is happy with it. its very hard to get good information that is...
by simplecd
Mon Dec 26, 2011 1:56 pm
Forum: Investing - Theory, News & General
Topic: The cost of whole life insurance (actual and hidden)
Replies: 9
Views: 2131

The cost of whole life insurance (actual and hidden)

This subject really bugs me. I don't understand the whole life very well yet and would like to figure out its real cost. lets say i get 4 percent guaranteed yield on the cash value. Lets say I'll consider my investment in whole life as a fixed income (bond) investment. Lets consider 1 mln policy. Wh...
by simplecd
Mon Dec 19, 2011 11:21 pm
Forum: Personal Investments
Topic: Need comments on proposed asset allocation
Replies: 13
Views: 1582

Re: Need comments on proposed asset allocation

I misspoke. Thanks grok.
by simplecd
Sat Dec 17, 2011 3:11 pm
Forum: Personal Investments
Topic: Need comments on proposed asset allocation
Replies: 13
Views: 1582

Re: Need comments on proposed asset allocation

Hiker, congratulations on the ability to stay the course. I consider myself entering intermediate level of investment experience. I may not b e of much help. At this point I also trying to control what I can - the cost of the funds (ER), taxes management, investment discipline and my contributions t...
by simplecd
Fri Dec 16, 2011 12:16 pm
Forum: Personal Investments
Topic: Need comments on proposed asset allocation
Replies: 13
Views: 1582

Re: Need comments on proposed asset allocation

Hiker, what asset allocation did you have in 2007, 2008, and 2009? How did you react to last bear market? I was aggressive too. But the last bear slowed me down...
by simplecd
Sat Dec 10, 2011 1:18 pm
Forum: Investing - Theory, News & General
Topic: Grandmother and Coverdell
Replies: 2
Views: 383

Grandmother and Coverdell

My mom wants to contribute to my kid elementary/secondary education. She is retired/doesnt work. Her income is very limited. Is Coverdell account an option? I am doing 529 myself but its for higher education plus I am not eligible for Coverdell becase of my high income level. I thought ESA would be ...
by simplecd
Thu Dec 08, 2011 12:07 am
Forum: Personal Finance (Not Investing)
Topic: how much does the life insurance agent make after i sign??
Replies: 13
Views: 1824

Re: how much does the life insurance agent make after i sign

thank you guys. it was very helpful. at this point it's a dark horse still. I got the idea on how much the insurance agents make but there are so much more other expenses. my guess it's comparable with load high expense ratio mutual funds... looks like you break even (premiums paid/cash value) aroun...
by simplecd
Tue Dec 06, 2011 10:29 am
Forum: Personal Finance (Not Investing)
Topic: whole life insurance and asset protection
Replies: 7
Views: 1300

Re: whole life insurance and asset protection

I was trying to find some previous discussions but not much came up. I'll try more.
What I really like about WLI is the protection from creditors. Yes I look at it as a fixed income part of my portfolio.
Plus ability to take money out earlier than 59 is a good option.
by simplecd
Tue Dec 06, 2011 12:04 am
Forum: Personal Finance (Not Investing)
Topic: how much does the life insurance agent make after i sign??
Replies: 13
Views: 1824

how much does the life insurance agent make after i sign??

i wonder how much money does the insurance agent/ insurance company make after i sign the contract for, say, 1 million death benefit for WHOLE life insurance? assume i am 35 years old vs 45.
I know they make money and it's profitable business for them... but how much!?
by simplecd
Mon Dec 05, 2011 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance and asset protection
Replies: 7
Views: 1300

whole life insurance and asset protection

it seems to be an interesting option for protecting your hard-earned money. I am wondering if there were any extensive threads on this. it seems to be quite expensive product though. and also a bit complex for my understanding. when I pay for the term it's simple... but the benefit is gone at say 65...
by simplecd
Fri Dec 02, 2011 12:56 pm
Forum: Investing - Theory, News & General
Topic: US Saving Bonds ownership and legal/creditors risks
Replies: 14
Views: 1591

Re: US Saving Bonds ownership and legal/creditors risks

ok. Thanks. Great if i could use the bonds in her interest until 18. But the important part of my question if the creditors are after my assets (bancrupcy, major litigation, whatever) her US saving bonds would be untouchable by creditors, right???
by simplecd
Fri Dec 02, 2011 12:38 pm
Forum: Investing - Theory, News & General
Topic: US Saving Bonds ownership and legal/creditors risks
Replies: 14
Views: 1591

US Saving Bonds ownership and legal/creditors risks

Hi there, i am looking at Us Saving bonds (specifically I bonds) and the way to own them from the angle of the asset protection. I'd like to buy some for my little one (who is 3) and am thinking about not to loose the control of those bonds. My intentions to use the money for the baby - and maybe ke...
by simplecd
Fri Nov 25, 2011 12:20 am
Forum: Investing - Theory, News & General
Topic: could my kid use 529 College for study abroad
Replies: 2
Views: 406

could my kid use 529 College for study abroad

This question just striked me... i know the knowledge is relative... :) would appreciate your responds. So, my kid is going to Oxford in 15 years... :) could we use his college 529 fund and defer school expenses??? or is it only for USA?
by simplecd
Sat Nov 19, 2011 12:10 am
Forum: Investing - Theory, News & General
Topic: Bought 7,000 of I Saving Bonds by mistake online
Replies: 6
Views: 1793

Bought 7,000 of I Saving Bonds by mistake online

My understanding that i have a limit of 5,000. I got a notification by email that I exceeded the limit.... although the securities were issued... did anybody have the same issue? how has it resolved?
by simplecd
Fri Nov 04, 2011 5:37 pm
Forum: Personal Investments
Topic: tax-deferred contribution limit for 35% fed brackets
Replies: 5
Views: 560

Re: tax-deferred contribution limit for 35% fed brackets

opened deductable traditional IRA with Fidelity ($5000) and plan to convert it to Roth IRA in 24-48 hrs... it was worth it digging... :) a financial advisor tried to convince me into variable annuities... honestly i need more research on that - as an asset protection tool... maybe... but at this poi...
by simplecd
Fri Nov 04, 2011 4:45 pm
Forum: Personal Investments
Topic: tax-deferred contribution limit for 35% fed brackets
Replies: 5
Views: 560

tax-deferred contribution limit for 35% fed brackets

i am still confused about this. well, i am trying to find the ways to put more mone in my tax-deferred account. at work i maked my PSP (49K) for this year... put some money in college fund... what else could I do?
any suggestions... (I am not interested in annuities and whole life yet)
by simplecd
Fri Nov 04, 2011 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: 529s as asset protection tool?
Replies: 40
Views: 3433

Re: 529s as asset protection tool?

1. Does anybody know about Arizona 529's? are they protected from creditors? 2. If I live in Arizona but opened Vanguard 529 that is governed by Nevada if i am not mistaken... are there any potential problems here? Thanks the other thing.... while updating my succecor on the 529 account i had to sig...
by simplecd
Tue Nov 01, 2011 10:56 pm
Forum: Personal Investments
Topic: Rebalancing of diversified portfolio
Replies: 6
Views: 925

Re: Rebalancing of diversified portfolio

the_one_smiley wrote:It shouldn't be difficult at all: just rebalance during contributions (or withdrawals). Try out my rebalancing calculator. I think it does exactly what you want, including not having to sell anything.
Is there a version of your calculator in excel? it looks quite interesting
by simplecd
Sat Oct 29, 2011 10:19 pm
Forum: Personal Investments
Topic: Rebalancing of diversified portfolio
Replies: 6
Views: 925

Re: Rebalancing of diversified portfolio

It shouldn't be difficult at all: just rebalance during contributions (or withdrawals). Try out my rebalancing calculator . I think it does exactly what you want, including not having to sell anything. I tried to open the link but i have the internet explorer... unfortunately. Thanks for you commen...
by simplecd
Fri Oct 28, 2011 10:28 pm
Forum: Personal Investments
Topic: Rebalancing of diversified portfolio
Replies: 6
Views: 925

Rebalancing of diversified portfolio

Hello there, I am still testing my assett allocations and currently am looking at possible management problems with the following portfolio: TAxable account: Vanguard Total Stock Market ETF (VTI) - 25% Vanguard EAFE ETF (VEA) - 7.5 % Vanguard Emerging markets ETF (VWO) - 7.5% Vanguard ex-US small ca...
by simplecd
Fri Oct 14, 2011 11:25 pm
Forum: Investing - Theory, News & General
Topic: How do you calculate your REIT allocation?
Replies: 30
Views: 10379

My question is about how people go about calculating their REIT allocation (this could apply to other things like Emerging Markets or Small Value too). Do they just put 10% in a fund like Vanguard's REIT fund and say that have a 10% REIT allocation. Or do they also consider that U.S. TSM and small ...
by simplecd
Thu Oct 13, 2011 6:12 pm
Forum: Investing - Theory, News & General
Topic: REAL ESTATE diversification
Replies: 4
Views: 704

REAL ESTATE diversification

I am looking for 15%. Currently in VNQ, and recently was intrigued by VNQI (S&P Global ex U.S. Property Index). 7.5% for each? Any supportive data, any critics?
by simplecd
Tue Oct 11, 2011 10:16 pm
Forum: Investing - Theory, News & General
Topic: Whats better VPL + VGK vs just VEA?
Replies: 13
Views: 4786

Whats better VPL + VGK vs just VEA?

Trying to figure out - what is better for long term diversification to keep separate VPL (Pacific Index) and VGK (europe index) vs VEA (EAFE) in Taxable account?
by simplecd
Mon Oct 10, 2011 10:43 pm
Forum: Investing - Theory, News & General
Topic: TLT in taxable account. Is it worh it?
Replies: 11
Views: 2488

In practice, this difference is more important than the advantage of faster growth in the tax-deferred account. any evidence/research I could look at? The numbers keep changing with the tax laws and they depend on your tax bracket. Here's an example: 25% tax bracket, 15% tax on capital gains and qu...
by simplecd
Mon Oct 10, 2011 6:50 pm
Forum: Investing - Theory, News & General
Topic: TLT in taxable account. Is it worh it?
Replies: 11
Views: 2488

grabiner wrote: In practice, this difference is more important than the advantage of faster growth in the tax-deferred account.
any evidence/research I could look at?
by simplecd
Mon Oct 10, 2011 6:25 pm
Forum: Investing - Theory, News & General
Topic: TLT in taxable account. Is it worh it?
Replies: 11
Views: 2488

I'm far too lazy to look up those tickers :( Fund names?! :) here we go.... VTI (Vanguard Total Stock Index ) 25 VEA ( Vanguard EAFE Index) 7.5 VWO (Vanguard Emerging Markets Index) 7.5 VSS (Vanguard ex-US small cap index) 5 VNQ (Vanguard REITIndex) 5 Cash 20 Fidelity Roth 401K VB (Vanguard Small c...
by simplecd
Mon Oct 10, 2011 5:52 pm
Forum: Investing - Theory, News & General
Topic: TLT in taxable account. Is it worh it?
Replies: 11
Views: 2488

VNQ (REIT) is not tax efficient and should not be held in taxable accounts. If you want 12.5% VNQ, hold it in your tax advantaged space. Move VB out to taxable and move VNQ into tax advantaged. Wiki article link: Principles of Tax-Efficient Fund Placement VNQ is still a diversifier in my taxable......