Search found 117 matches
- Fri Apr 08, 2011 12:38 pm
- Forum: Investing - Theory, News & General
- Topic: Average amount saved for retirement by age
- Replies: 148
- Views: 40583
I would just judge it based on where you are at vs where you want to be. Say we set a target income level? 50k after taxes. Multiply by x to determine a safe balance to withdraw that 50k from. If you believe a safe withdrawal will be 4% then x = 25. Somewhere in the 25-35 range should be a good approximation. 50k * 30 = 1.5 mil after tax balance with a 3.33% withdrawal rate. If the balance doubles roughly every 10 years and you do the max contribution available to most of us through 401k and ira type accounts (16.5k + 5k = 21.5k). I will estimate it at about 17k after tax. So with contributions you might get: Today's balance = 100k 10 Years = 200k + 170k = 370k 20 Years = 740k + 170k = 910k 30 Years = 1.82 mil + 170k = 1.99mil If you have 1...
- Sat Feb 12, 2011 9:42 pm
- Forum: Investing - Theory, News & General
- Topic: VERSX or VEIEX -- question
- Replies: 3
- Views: 1237
- Sat Jan 22, 2011 8:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Good laptop to recommend?
- Replies: 54
- Views: 7178
I second this, the dell outlet is fantastic. Deep discounts on fine machines with as long a warranty as you want (comes with 1 yr standard). I got a studio XPS 16 for ~$900 a couple years ago (retail ~$1500). The 16 is probably a little overkill for what you would do, so maybe look at the new 15? or 14 i haven't been following it closely.PatentLawyer32 wrote:Try the Dell Scratch and Dent program. Great discount on good laptops.
The dell business lines are durable and available in the outlet as well.
I like the XPS line for the HDMI output, so it is easy to hookup to a tv or a/v receiver. The inspiron line i believe also has this on some machines. Not likely to find this in the business lines.
http://outlet.dell.com
- Sat Mar 27, 2010 10:53 am
- Forum: Investing - Theory, News & General
- Topic: Who's website/blog is this? [allocationofassets.info]
- Replies: 8
- Views: 1709
- Tue Mar 23, 2010 5:23 pm
- Forum: Investing - Theory, News & General
- Topic: Portfolio managment side work?
- Replies: 60
- Views: 9025
Admittedly bored at work.... cruising around the net on this topic. If you are managing less than 25 million then you can file with your state securities regulator office as a RIA. For most states it looks like you can be a RIA with a couple hundred in registration/licensing fees and document filing. Then recurring annual fees after that ~$150. The minimum expertise needed in my state to register as a RIA: Series 65 exam (or the Series 7 and 66). Other ways to meet this requirement are to hold one of several professional designations (CFP, CFA, CIC, ChFC, CIMC, CIMA, or PFS) Not sure how much the certs cost the first time or annually, but Series 65 was $120 on the site i looked at and seems like its good for life once passed. Errors and omi...
- Tue Mar 23, 2010 1:07 pm
- Forum: Investing - Theory, News & General
- Topic: Portfolio managment side work?
- Replies: 60
- Views: 9025
Edward Jones model would be good for wannabe advisors... if you could use Vanguard or low cost funds for your clients (don't think you can). Their model is to have a lot of small advisor offices around the country. I am not too familiar with how they operate, but seems to be a local office of about 3 people. Something like one main Investment Advisor and 1-2 advisors in training (salesmen?) that build the client list of the main guy for a few years to get the opportunity to be the main guy at a new location. I think you are graded on pushing funds the company gets kickbacks for (think that made the news a few years back). You probably can't set your fees or the fees Edward Jones itself charges your client, but you would be the advisor and t...
- Mon Mar 22, 2010 11:30 pm
- Forum: Investing - Theory, News & General
- Topic: Portfolio managment side work?
- Replies: 60
- Views: 9025
There are some tools coming online. You might start with Fidelity RIA site:
https://fiws.fidelity.com/advisor/porta ... HTML&pos=T
You might Google 'Rick Ferri' before you take his advice lightly. What he was getting at is the hurdle to managing other people money is pretty high due to all the rules and regulations. You need a lot of fish to get to break even.
https://fiws.fidelity.com/advisor/porta ... HTML&pos=T
You might Google 'Rick Ferri' before you take his advice lightly. What he was getting at is the hurdle to managing other people money is pretty high due to all the rules and regulations. You need a lot of fish to get to break even.
- Sat Sep 05, 2009 7:07 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard Commercials and costs
- Replies: 27
- Views: 4387
I have seen a couple during the NFL pre-season. I think it was CBS, or on NFL network re-broadcast. I can't imagine pre-season spots are very expensive.
It was simple and short ad as I recall.
Will be interesting to see if they carry on into the regular season.
Brand recognition can be a critical component for consumers. I know most people i meet in real life have never heard of Vanguard, so a little brand awareness can probably go a long way.
It was simple and short ad as I recall.
Will be interesting to see if they carry on into the regular season.
Brand recognition can be a critical component for consumers. I know most people i meet in real life have never heard of Vanguard, so a little brand awareness can probably go a long way.
- Sat Aug 29, 2009 8:43 am
- Forum: Investing - Theory, News & General
- Topic: NY Times Article - Active vs Passive Investing
- Replies: 21
- Views: 3470
One can always look backwards and find a winner. I was thinking about this last night, so I decided to look at the details for each and every active fund in my portfolio vs. their benchmark and here's what I've found (using details from Morningstar albeit over the last 7 years of readily available information): PRWCX beat it's index 6 of the last 8 years (including YTD) RPMGX beat it's index 6 of the last 8 years (including YTD) PRSVX beat it's index 6 of the last 8 years (including under performance YTD) PRGFX split with it's index (4 to 4 including YTD) PRCIX beat it's index 5 of the last 8 (including YTD) So maybe I should get out of these active funds while they are ahead? :) You may want to dig into what index is being claimed as its ...
- Wed Aug 26, 2009 9:59 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard's Website
- Replies: 14
- Views: 2719
- Sun Aug 23, 2009 11:10 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard is owned by its investors. What does that mean?
- Replies: 36
- Views: 7204
Someone can probably explain these better than me... but this is how i reason it out: One thing to note is Vanguard has a unique structure in the mutual fund business (out of the top fund families). The fund family is structured to seek the lowest cost for investors. Each mutual fund is owned by its investors. Part of the expenses of each fund pays into an overhead pool that runs the 'Vanguard' brand that we interact with at the top level. Fidelity, as mentioned earlier, is owned by the Johnson Family. It is the largest fund family by assets under management. I believe it started owned by just one guy, and ownership shares have been inherited by his children/family members etc. In some areas Fidelity offers lower cost funds than Vanguard, b...
- Sun Aug 23, 2009 12:41 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard is owned by its investors. What does that mean?
- Replies: 36
- Views: 7204
Some details of the plan would be nice, but taking guess at it: For the 'partnership plan' to gain X bonus dollars they have to save the company (which is the collection of vanguard funds) some amount greater than X. Net benefit to investors is a lower cost. Benefit to employees is increased pay. Benefit to investors is lower cost. It will always be true that the bonus/incentive program will cost investors, and without it vanguard could run lower expense ratios... that is until all the employees leave for greener pastures. I imagine running the funds, infrastructure, etc of the company requires some people. Without the people running Vanguard everyone loses access to the lowest cost fund family. From the article describing the program it so...
- Sun Aug 23, 2009 12:26 am
- Forum: Investing - Theory, News & General
- Topic: How does average US consumer spend his paycheck Chart
- Replies: 25
- Views: 6449
My budget comes out pretty similar... 2 people 2 dogs.
Taxes and Pre-tax Retirement comes out to just about 33% of gross pay.
About 75% of net pay goes to expenses. 25% left for Roth/fun.
Interesting to see how much money goes through our hands vs how much sticks.... happy to not be 'average' with no savings rate.
Taxes and Pre-tax Retirement comes out to just about 33% of gross pay.
About 75% of net pay goes to expenses. 25% left for Roth/fun.
Interesting to see how much money goes through our hands vs how much sticks.... happy to not be 'average' with no savings rate.
- Thu Aug 13, 2009 6:38 pm
- Forum: Investing - Theory, News & General
- Topic: Totally Recovered From Losses
- Replies: 51
- Views: 7850
Balances at all time high, passed breakeven a while back... but like Emergdoc my contributions made up for all/most of the recovery. The current run up has brought the new 'net worth' highs. My 401k only lets me calculate a return up to 24 months, so today to august 2007 the account which includes company matching is ~15% away from recovering all investment loses. I have a second 401k account that doesn't receive company matching funds, which is about ~10% from recovery all loses over the same period. If i could move company funds weekly i guess both accounts would be at this 10% down mark. My Roth was hit the hardest, but only had 2 years of contributions in it, so its at a high for the account with this year's contribution, but still has ...
- Wed Aug 12, 2009 10:47 pm
- Forum: Investing - Theory, News & General
- Topic: Retire at 38: Fantasy vs. Reality
- Replies: 42
- Views: 7293
Retire At Age 35 (or 45 or 55) Without Being A Millionaire Paul Terhorst was a successful CPA for an international accounting firm. At 33, he was making about $125,000 a year. When he gave it up, he was able to retire at age 35. He realized he could live a better life than ever before -- without making a salary. He traveled around the world, writing, playing the saxophone, and enjoying the best the world has to offer. http://www.geocities.com/CapitolHill/9022/death.html#retire 27 year old INTP here... Interesting article... incidentally 400k in 1980 is pretty close to 1 mil today (inflation adjusted). If i eliminate house and cars my annual expenses are about 20k, so i can see how 750k-1mil could go a long way. All things being equal i thi...
- Fri Aug 07, 2009 4:39 pm
- Forum: Investing - Theory, News & General
- Topic: Get ready for Commodity Crash II
- Replies: 32
- Views: 5190
After writing that post, I just sold 2000 barrels of oil for October delivery and bought 2000 barrels of oil for September delivery, picking up a credit of $2.13/bbl. Going to close the trade within two weeks. Will be interesting to see what happens to contango between now and then. Can you run through the logic for me on how this works to your advantage with low risk or whatever the risk is? I am not a sophisticated trader and am only curious. You buy current month contracts You sell an equal amount of the next months contracts. The spread between the two is some amount, say $2.00 Buying current and selling future isolates you from oil price fluctuations? Then as USO enters the market to do their monthly roll from current to next month th...
- Fri Jun 19, 2009 10:48 am
- Forum: Investing - Theory, News & General
- Topic: co-worker arguing for actively managed funds
- Replies: 13
- Views: 2279
- Sun Jun 07, 2009 6:43 pm
- Forum: Investing - Theory, News & General
- Topic: Do Bogleheads Budget?
- Replies: 113
- Views: 18598
Same as a lot of you we don't have a budget just track the month to month expenses and make sure things are accounted for. Initially it was a budget to make sure our projected expenses where below our income once that was established we went about living.
As the checking account accumulates we move it around to savings and eventually investment accounts. And every year or so we might talk about a vacation to take the place of the next savings -> investment move.
As the checking account accumulates we move it around to savings and eventually investment accounts. And every year or so we might talk about a vacation to take the place of the next savings -> investment move.
- Thu Mar 26, 2009 11:56 am
- Forum: Investing - Theory, News & General
- Topic: How to get leveraged 30x ?
- Replies: 19
- Views: 3703
I don't know what rules the 'investment' banks had to operate under, but other US banks use fractional reserve system which appears to be an easy 10:1 leverage. If they buy any leveraged assets with that money then the effective leverage skyrockets.
http://en.wikipedia.org/wiki/Fractional-reserve_banking
http://en.wikipedia.org/wiki/Fractional-reserve_banking
- Thu Nov 13, 2008 11:28 am
- Forum: Investing - Theory, News & General
- Topic: Boglehead Sunny Sarkar in the news
- Replies: 30
- Views: 9916
Not sure if Sunny is using the FDIC insured account or just a brokerage account. I'm 26, so have been paperless banking from almost the start. Once i found the fidelity my smart cash account I was happy with my banking needs and finally stopped switching banks. Also find Yodlee invaluable for organizing/tracking accounts (free as well). I found out about the fidelity MySmart Cash account from the fatwallet finance forum, which has many similar minded folks to the bogleheads just focused on a different aspect of our financial lives. 0% credit card arbitrage and squeezing every nickle out of your cash are the major topics over there. I use a very basic setup for the account with just that account open at fidelity. I keep a couple months livin...
- Thu Nov 06, 2008 4:14 pm
- Forum: Investing - Theory, News & General
- Topic: Current S&P 500 P/E ?
- Replies: 18
- Views: 5175
Not sure how often this is updated, but Vanguard lists it for its S&P 500 fund, under portfolio & management:
https://personal.vanguard.com/us/JSP/Fu ... ist::tab=2
https://personal.vanguard.com/us/JSP/Fu ... ist::tab=2
- Thu Nov 06, 2008 11:44 am
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
I went to imageshack to upload the image:
http://imageshack.us/
Once it uploads they give you a link to the image.
Use the Img button on the post to start the image tag, enter the URL you got from imageshack, then close the image tag by clicking the button again.
You should end up with something like this:
(img)http://img386.imageshack.us/img386/9639 ... .gif(/img)
With brackets instead of parenthesis.
http://imageshack.us/
Once it uploads they give you a link to the image.
Use the Img button on the post to start the image tag, enter the URL you got from imageshack, then close the image tag by clicking the button again.
You should end up with something like this:
(img)http://img386.imageshack.us/img386/9639 ... .gif(/img)
With brackets instead of parenthesis.
- Wed Nov 05, 2008 2:01 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
'Investing - Theory, News & General'
MT has an investment theory. The theory has been applied by him and he discovered some implementation errors and we all learned from it. It has been more risky than the typical accumulators path, but that is not the question.
Why should we ban talk of an ideas? The specific section is supposed to be about discussing theories/ideas...
MT has an investment theory. The theory has been applied by him and he discovered some implementation errors and we all learned from it. It has been more risky than the typical accumulators path, but that is not the question.
Why should we ban talk of an ideas? The specific section is supposed to be about discussing theories/ideas...
- Tue Nov 04, 2008 9:43 pm
- Forum: Investing - Theory, News & General
- Topic: Automatic value averaging?
- Replies: 6
- Views: 1821
That would be very nice to have, but I think most places reserve that for their Asset Management service. I don't think anyone offers automatic portfolio management to a target allocation. I would think it could be done with a web application, but no one has taken the time to do it. The closest existing thing is automatic contributions of fixed amounts, which will slowly get away from your target allocation as asset performance varies. If you don't want to pay for asset management, and you don't want to control the flow of funds manually or rebalance yourself then I think a fund of funds is the closest to those. You just have to live with the target allocation the fund of funds has set. It would be cool if vanguard made fund of funds compos...
- Tue Nov 04, 2008 9:13 pm
- Forum: Investing - Theory, News & General
- Topic: Automatic value averaging?
- Replies: 6
- Views: 1821
Some balanced funds or target retirement funds might fit your goal.
I believe vanguard's target retirement funds use new funds for daily balancing.
I don't think you will find one fund or fund of funds that has the specific allocation you are after. 70/30 equity split/bond isn't too common and a 30% international weight is high for a traditional investor.
I believe vanguard's target retirement funds use new funds for daily balancing.
I don't think you will find one fund or fund of funds that has the specific allocation you are after. 70/30 equity split/bond isn't too common and a 30% international weight is high for a traditional investor.
- Tue Nov 04, 2008 4:44 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
- Sun Nov 02, 2008 7:32 am
- Forum: Investing - Theory, News & General
- Topic: Mythbusters: You Need Large Equity Allocation in Retirement
- Replies: 39
- Views: 8434
Re: Mythbusters: You Need Large Equity Allocation in Retirem
Gray: The 4% SWR typically leads to a large positive portfolio balance at the end of 30 years. Your example consumes all assets entirely. What happens if you live past 30 years? Not only that, but there's a much easier way to accomplish your task. A 60-year old male can buy an immediate annuity with a 3% COLA, with first payment of $40K on 02/15/2009, for around $700,000 (got quote for $705,466 from a highly-rated company just now). Not only is this less expensive than your option, but also removes longevity risk. For the person with $1 million for retirement, this still leaves $300K to set aside for unplanned or one-time expenditures. You may say that the annuity option carries the risk of early death and losing all principal. True, but y...
- Fri Oct 31, 2008 3:15 pm
- Forum: Investing - Theory, News & General
- Topic: When do you jump back in?
- Replies: 53
- Views: 11327
You have given to little information for any real advice.
What types of accounts are your current funds in? Tax differed? Taxable? Roth?
How much money do you need for your expenses?
How much will you get from Pension and Social Security?
The size of the gap between expenses vs your expected income will decide how to allocate your savings.
Do you need to just cover the time between now and when you can start taking social security?
If you are risk adverse an immediate annuity to cover the remainder of your expenses may be good and use the rest for the long term, unplanned, or large expenses.
What types of accounts are your current funds in? Tax differed? Taxable? Roth?
How much money do you need for your expenses?
How much will you get from Pension and Social Security?
The size of the gap between expenses vs your expected income will decide how to allocate your savings.
Do you need to just cover the time between now and when you can start taking social security?
If you are risk adverse an immediate annuity to cover the remainder of your expenses may be good and use the rest for the long term, unplanned, or large expenses.
- Fri Oct 31, 2008 1:39 pm
- Forum: Investing - Theory, News & General
- Topic: When do you jump back in?
- Replies: 53
- Views: 11327
No one knows where we will be, so now is as good as tomorrow.
You might start with the sticky in the 'Help with Personal Investments' forum. Investment planning: http://www.bogleheads.org/forum/viewtopic.php?t=6211
Working through those steps should help you define what kind of portfolio you need and what risks you can take. You can also post portfolio questions in that forum and get excellent feedback and advice.
You might start with the sticky in the 'Help with Personal Investments' forum. Investment planning: http://www.bogleheads.org/forum/viewtopic.php?t=6211
Working through those steps should help you define what kind of portfolio you need and what risks you can take. You can also post portfolio questions in that forum and get excellent feedback and advice.
- Fri Oct 31, 2008 1:09 pm
- Forum: Investing - Theory, News & General
- Topic: How to calculate asset allocation in tax deferred accounts
- Replies: 26
- Views: 4361
Peppe, Are you applying the "Taxable = .85" to the whole balance or only to the cap gains? If the latter then it's pretty much what I do. I just ened up adding like three columns to my AA spreadsheet: basis, tax rate, and after-tax balance. Too simple to patent, but easy enough to use. Some here have argued for use of average tax rate, rather than marginal, for IRA assets. And others place a higher penalty than cap gains onto the taxable location, arguing that years of taxable dividends await. Again, mine I see as a relative weight today approach. There are indeed some finance journal papers on this, and I believe what I do is sufficiently consistent with those papers that I can follow. My taxable is only about 1% of my total, so...
- Fri Oct 31, 2008 12:20 pm
- Forum: Investing - Theory, News & General
- Topic: How to calculate asset allocation in tax deferred accounts
- Replies: 26
- Views: 4361
- Tue Oct 28, 2008 3:01 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
I think he was liquidated yesterday, so he missed today's rally.market timer wrote:...
The funny thing I realized today, after the liquidations overnight, was that I felt less anxious and was laughing more. All the stress of being near the barrier had gone away. How I Learned to Stop Worrying and Love the Margin Call. My utility increases on both sides of the barrier. Maybe that's what the end of life is like.
- Sun Oct 26, 2008 12:16 am
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
Can someone do a quick summary on what's the big deal with markettimer? from my glance at this posts, seems like this permabull unwisely tried buying the dip fallacy and got heavily burned, not once, not twice but multiple times. I don't really care about his loss of money. What i'm interested in is his supposed barrier options? Are there such options listed? As far as I know, these exotic options are privy to institutions only and OTC. He has been buying S&P e-mini futures. There is a lot of content on the web about futures and the (S&P e-mini /ES). I haven't traded futures so take the rest of this post as my rough understanding.... One ES contract is 50 times the S&P index, but you don't have to have the full amount to buy a ...
- Fri Oct 24, 2008 7:32 am
- Forum: Investing - Theory, News & General
- Topic: Equity Futures markets suspended
- Replies: 14
- Views: 3714
CNBC just said the same thing and didn't quote you, so i would assume you are correct.Lostime wrote:Limit Down... you can still trade but not at any lower price until the market opens.
This is what I understand will happen when the market opens.... the limit will be 10% down. If it hits this trading will be suspended for 2 minutes.
Then it will reopen with a limit of 20% down. If it hits this it will again be suspended for 2 minutes. It will then reopen with a limit of 30% down.
If Im mistaken Im sure someone will correct me....
Hang on its going to be a wild ride!
Gene
- Wed Oct 22, 2008 12:42 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
One other interesting change, entirely consistent with finance theory, is my tolerance for higher interest rates. Let's assume a 5% equity risk premium and 4% interest rates. At 2x leverage, my expected return is 14%. Now, at 10x leverage, my expected return is 54%. Suddenly, I'm making minimum monthly payments on credit cards thinking 14.99% isn't that bad for noncallable debt. And the hole grows deeper and deeper. Unfortunately, I can't go back in time, read this text, and bewilderedly ask, "What the hell are you doing?" These actions would have been as incomprehensible to me back then as if someone would have told me S&P futures would be trading at 885 in a year. High interest rate debt doesn't appear to be a concern to MT...
- Mon Oct 06, 2008 9:07 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
I'm confused you implied a few posts ago you will be averaging 300k a year for the first 5 years?
You should write a book about this cause it has been a compelling thread, very interesting to watch... it could at least be chapter one leading into how you used the rest of your human capital.
Is it PhD in Economics, graduated? Starting first job in 'finance' soon?
What sort of finance gig pays that well?
You should write a book about this cause it has been a compelling thread, very interesting to watch... it could at least be chapter one leading into how you used the rest of your human capital.
Is it PhD in Economics, graduated? Starting first job in 'finance' soon?
What sort of finance gig pays that well?
- Mon Oct 06, 2008 3:21 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
Rally at close help you or will it die after hours? I started a paper account at ToS(thinkorswim) today on my lunch hour and bought the deepest in the money LEAPs on some ETFs: Target: 15% SPY Large Cap Index 15% MDY MidCap Index 15% IWM Small Cap Index 15% IWN Small Cap Value Index 20% EFA EAFE Index 20% TLT Long Term Treasuries 100k at Close: OPRA DESCRIPTION CONTRACTS PRICE MKT VALUE CYULM SPY 100 DEC 10 65 CALL 4 $42.45 $16,980.00 WCQAI IWN 100 JAN 10 35 CALL 6 $25.30 $15,180.00 LDEAG MDY 100 JAN 10 85 CALL 4 $36.75 $14,700.00 LXLAN EFA 100 JAN 10 40 CALL 16 $12.30 $19,680.00 WOIAD IWM 100 JAN 10 50 CALL 10 $14.40 $14,400.00 YLIAH TLT 100 JAN 10 60 CALL 5 $39.20 $19,600.00 TOTAL P/L YTD: $2,490.00 Just an experiment to see what happens ...
- Mon Oct 06, 2008 1:08 pm
- Forum: Investing - Theory, News & General
- Topic: Don't forget: Big rally October 7th, 2008
- Replies: 84
- Views: 17290
Don Quixote is on Gutengburg.org, http://www.gutenberg.org/etext/996
- Mon Oct 06, 2008 12:28 pm
- Forum: Investing - Theory, News & General
- Topic: Don't forget: Big rally October 7th, 2008
- Replies: 84
- Views: 17290
- Sun Oct 05, 2008 1:31 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
- Fri Oct 03, 2008 11:30 am
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
- Mon Sep 29, 2008 10:59 pm
- Forum: Investing - Theory, News & General
- Topic: A different approach to asset allocation
- Replies: 1539
- Views: 863244
- Wed Sep 24, 2008 9:19 pm
- Forum: Investing - Theory, News & General
- Topic: TIPs went down lots why??
- Replies: 21
- Views: 4884
- Tue Sep 23, 2008 8:31 am
- Forum: Investing - Theory, News & General
- Topic: Cramer: Sell everything..buy gold
- Replies: 99
- Views: 22631
Re: Cramer: Sell everything..buy gold
He only said sell 20% to buy gold. He might have used the phrase sell everything you can till you have 20% reserve and buy gold.
Still not great advice, but better than sell everything....
Mad Mondey, Best comedy show on television since Seinfeld.
- Sun Sep 21, 2008 10:13 pm
- Forum: Investing - Theory, News & General
- Topic: Is there a bit of "disconnect" here?
- Replies: 20
- Views: 4620
Oz, You might find this old thread interesting, What factors have the greatest impact on portfolio size?: http://www.bogleheads.org/forum/viewtopic.php?t=2954 This board can cause information overload leading to analysis paralysis. I have learned a lot from this forum and for a while it was a fun hobby to spend an hour or two a day on. I haven't checked this forum much in the last few months. In the end i got busy with life and just set things on auto pilot and rebalanced each quarter. I had a small pot, so i just tossed it in without too much worry and without baggage from past experience to influence me (only 26). Assuming you have an asset allocation set, with a lump sum ready to invest i would probably just come up with a reasonable sch...
- Fri Apr 11, 2008 1:37 pm
- Forum: Personal Investments
- Topic: Investing long term in a taxable account advice
- Replies: 7
- Views: 1935
You should consider all funds/accounts for retirement as a whole. Each one doesn't need to be diversified within itself, just the collection. Then your collection is hopefully optimized for tax efficiency. To your questions -- there are similar tax managed versions of some of the funds you listed. Total Stock Market is Tax efficient, so it can be held in a taxable account. I believe the FTSE All-World ex-US Index (VFWIX) will be more tax efficient than the total international VGTSX, but we don't have a history on the new FTSE All-World ex-US fund. For small cap and international vanguard has: Tax-Managed Small-Cap VTMSX Tax-Managed International VTMGX I don't think there is a midcap/extended market tax managed, but you might look for more d...
- Wed Apr 09, 2008 9:58 pm
- Forum: Personal Investments
- Topic: portfolio critique for college student
- Replies: 11
- Views: 2613
The portfolio is basically Swenson's yale portfolio with just the equity side, which should be fine while you are young. Taxes will eat up a lot of returns in your current portfolio. Total stock market should be good in taxable, but total international and definitely REIT should be in tax differed. If you have earned income you should read about ROTH IRA and seek to fully fund one. This would be the best place to hold the REIT. If you decide anytime you need some money you can withdraw your contribution tax free (you indicate you might need money in 10 years). 100% stock is probably fine for your age. Your future contributions should have a larger impact than fluctuations of the market. Slice and Dice if you want to it doesn't have a huge i...
- Wed Apr 09, 2008 3:39 pm
- Forum: Personal Investments
- Topic: Move $1m from T bills to Bonds... timing?
- Replies: 6
- Views: 2268
Once you make this exchange and want to use some of your bond holding...
Someone here has described a withdrawal strategy when you have bonds in a tax exempt account and taxable investments.
When you want to draw down some of the bonds you would initiate a series of trades:
Sell stock in taxable equal to the amount you want
Move the proceeds to your bank or wherever they are needed
In the tax differed account:
Sell some bonds equal to the amount of stock you sold
Buy stock in tax differed equal to the amount of bonds sold
In this way you have reduced your bond holding, but maintained your stock exposure and maintained your tax exempt space.
Someone here has described a withdrawal strategy when you have bonds in a tax exempt account and taxable investments.
When you want to draw down some of the bonds you would initiate a series of trades:
Sell stock in taxable equal to the amount you want
Move the proceeds to your bank or wherever they are needed
In the tax differed account:
Sell some bonds equal to the amount of stock you sold
Buy stock in tax differed equal to the amount of bonds sold
In this way you have reduced your bond holding, but maintained your stock exposure and maintained your tax exempt space.
- Wed Apr 09, 2008 9:21 am
- Forum: Personal Investments
- Topic: Vanguard ETF and and Flagship questions
- Replies: 4
- Views: 3678
I believe the answer is no if held at other brokerages and yes if held at vanguard brokerage services (VBS).1. Are Vanguard ETF's considered Vanguard holdings for purposes of calculating flagship status?
The ETF should be the most cost efficient in the scenario you provide.2. Is there any reason not to choose the Emerging Market ETF (VWO) over the Emerging Market Index fund assuming a one time lump sum purchase.
- Mon Mar 24, 2008 5:28 pm
- Forum: Personal Investments
- Topic: Problems with Direct Deposit?
- Replies: 9
- Views: 4488
I DD a portion to vanguard prime MMF each week. Friday is my payday. The MMF is purchased at close Friday and is visible/confirmed Saturday morning.
With the markets closed Friday i would assume the purchase will go today at close, and be visible/confirmed tomorrow.
I send the majority of my DD to a fidelity smart cash account and it is consistently available in the core account ~11am EST Thursday almost a full day early.
With the markets closed Friday i would assume the purchase will go today at close, and be visible/confirmed tomorrow.
I send the majority of my DD to a fidelity smart cash account and it is consistently available in the core account ~11am EST Thursday almost a full day early.