Search found 1428 matches

by jimkinny
Mon Oct 19, 2020 10:39 am
Forum: Personal Investments
Topic: Cash for mid-term goals
Replies: 8
Views: 462

Re: Cash for mid-term goals

I never kept a short term account for things that were 1-2 years away and never had an emergency fund. I just sold some bonds. Maybe in a different long term interest rate environment I would have done differently. Interests rates have trended down over most if not all of my investing life.
by jimkinny
Mon Oct 19, 2020 7:38 am
Forum: Personal Investments
Topic: Take Pension Now or Defer and Continue Roth Conversions for 5 years
Replies: 9
Views: 760

Re: Take Pension Now or Defer and Continue Roth Conversions for 5 years

I delayed taking my pension by several years I am happy I did but maybe that is to be expected. I converted some TIRA to a Roth and did some cap gains harvesting during those years. You could delay one year and reconsider next year. A 4% yearly gain in this low return period is not wonderful but I w...
by jimkinny
Sun Oct 18, 2020 4:29 pm
Forum: Personal Investments
Topic: Is small cap necessary for retirees?
Replies: 26
Views: 1412

Re: Is small cap necessary for retirees?

Depending on what other funds you have, the small cap fund you have may make your portfolio approximate a fund like Vanguard's Total Stock Market index fund. So maybe hang onto it for that reason. I would not pay significant capital gains taxes just to get rid of the small cap. I do not think small ...
by jimkinny
Sat Oct 17, 2020 6:59 am
Forum: Personal Investments
Topic: New Investor - are bonds just a higher yielding savings account?
Replies: 19
Views: 1719

Re: New Investor - are bonds just a higher yielding savings account?

The answer is in this: your need, ability and willingness to take risk.

Here is the Boglehead wiki explanation https://www.bogleheads.org/wiki/Risk_tolerance
by jimkinny
Sat Oct 17, 2020 4:56 am
Forum: Investing - Theory, News & General
Topic: Student Loans vs. Retirement Accounts.
Replies: 27
Views: 1422

Re: Student Loans vs. Retirement Accounts.

You are not taking into account risk with your assumptions about return. You can pay off debt without risk. You can not get a 7 % return on investments without a lot more risk. A ten year Treasury has an interest rate of about 0.7%.
by jimkinny
Wed Oct 14, 2020 6:49 am
Forum: Personal Investments
Topic: Vanguard Personal Advisor Service - New Advisor
Replies: 8
Views: 867

Re: Vanguard Personal Advisor Service - New Advisor

I would likely feel the same.

The question I would have is the one you have: what is the PAS doing that warrants the fee?

Read the Boglehead Guide to Investing if haven't already read it. I would very likely drop the service now or whenever I felt confident that I could handle it.
by jimkinny
Tue Oct 13, 2020 1:06 pm
Forum: Personal Investments
Topic: New member - 47 Year Old with 2mil to Invest. Suggestions?
Replies: 24
Views: 2792

Re: New member - 47 Year Old with 2mil to Invest. Suggestions?

Figure out your financial goals, develop a plan to meet those goals keeping in mind your ability to tolerate risk, ability to take risk and willingness to take risk. If you have already met your financial goals there is no need to take risk. Quit playing if you have won. At the top of this personal ...
by jimkinny
Tue Oct 13, 2020 9:56 am
Forum: Personal Investments
Topic: Anything else I should be doing?
Replies: 14
Views: 1294

Re: Anything else I should be doing?

Looks good to me. The one thing I wish I had known or cared about is the huge advantage for those who invest early. The more you save and invest early, the less overall you have to save in the long term to meet your goals. Good luck Hi Jim, Thanks for your input. You're totally right I wish I had k...
by jimkinny
Tue Oct 13, 2020 6:34 am
Forum: Personal Investments
Topic: Anything else I should be doing?
Replies: 14
Views: 1294

Re: Anything else I should be doing?

Looks good to me. The one thing I wish I had known or cared about is the huge advantage for those who invest early. The more you save and invest early, the less overall you have to save in the long term to meet your goals.

Good luck
by jimkinny
Tue Oct 13, 2020 6:34 am
Forum: Personal Investments
Topic: Anything else I should be doing?
Replies: 14
Views: 1294

Re: Anything else I should be doing?

Looks good to me. The one thing I wish I had known or cared about is the huge advantage for those who invest early. The more you save and invest early, the less overall you have to save in the long term to meet your goals.

Good luck
by jimkinny
Mon Oct 12, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Securities Income Program from Ally, any Good?
Replies: 8
Views: 1027

Re: Securities Income Program from Ally, any Good?

Doesn't Vanguard do this and Vanguard investors get lower expense ratios in return?
by jimkinny
Mon Oct 12, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: Inflation protection has never been so cheap
Replies: 16
Views: 2886

Re: Inflation protection has never been so cheap

I would not make a bet against the Federal Reserve Bank when their stated long term goal is an average 2% inflation rate. I am not saying that I would rule out a short term rise above 2% since they have already said that they would accept that.
by jimkinny
Mon Oct 12, 2020 6:14 am
Forum: Personal Investments
Topic: Ally bank vs. Vanguard money market fund
Replies: 22
Views: 2802

Re: Ally bank vs. Vanguard money market fund

plus Vanguard will charge 0.1% or so for a MM fund. Some of Vanguard's MM funds use federal notes, others use corporate notes so the safety of an FDIC insured savings account and a Vanguard MM are not necessarily equivalent.
by jimkinny
Sat Oct 10, 2020 8:04 am
Forum: Investing - Theory, News & General
Topic: "Bonds as a way to generate cash if the stock market is in the toilet"
Replies: 93
Views: 5259

Re: "Bonds as a way to generate cash if the stock market is in the toilet"

I am wondering whether BH in the US have now come to agree with Mr Clements that the idea of bonds as a diversifer is no longer applicable in practice. Lauretta: You initial post asked a question about whether US investors have now come to agree with Mr Clements. You've gotten a lot of answers, and...
by jimkinny
Sat Oct 10, 2020 7:55 am
Forum: Investing - Theory, News & General
Topic: "Bonds as a way to generate cash if the stock market is in the toilet"
Replies: 93
Views: 5259

Re: "Bonds as a way to generate cash if the stock market is in the toilet"

If you can only buy $10,000 that's really not a significant amount for many investors! I don't buy these, but I imagine that they are part of a long term strategy. If you buy $10K/year over 40 years, that is a significant amount. They are not for those that want to jump in and out of investments ba...
by jimkinny
Fri Oct 09, 2020 9:50 am
Forum: Personal Investments
Topic: How to exit my betterment tilts?
Replies: 7
Views: 591

Re: How to exit my betterment tilts?

If you know what your income will be when you retire you can figure out your capital gains rate a few years from now. Maybe you will be in a tax bracket level that your capital gains % will be less. You could also consider doing whatever you can to purposely lower your income (delay SS) when reachi...
by jimkinny
Fri Oct 09, 2020 9:41 am
Forum: Personal Investments
Topic: How/Where to prioritize when just starting out
Replies: 19
Views: 1518

Re: How/Where to prioritize when just starting out

If you want to be financially independent either make a lot of money or invest a lot of money, the earlier the better in order to reap the huge benefits of compounding. The earlier you invest, the less you have to save.
by jimkinny
Thu Oct 08, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: TIPS for moderately higher inflation
Replies: 30
Views: 1476

Re: TIPS for moderately higher inflation

What will interest rates be over the same time period. If interest rates go up (the expected fed response would be to raise rates at 2.5-5%). If you have longer term bonds, you might not like the result.
by jimkinny
Wed Oct 07, 2020 7:18 am
Forum: Personal Investments
Topic: CD Maturing- what are my options?
Replies: 23
Views: 2717

Re: CD Maturing- what are my options?

There is very little attractive about the yield on fixed income right now. I would bide my time and hope for better days. I would also stick with CDs in the the shorter range because you can't get much extra yield for the extra term risk of a 5 year CD.
by jimkinny
Sat Oct 03, 2020 8:16 am
Forum: Personal Investments
Topic: Are financial advisors worth it?
Replies: 47
Views: 4195

Re: Are financial advisors worth it?

I would pay Vanguard's PAS fee of 0.3% for the transition then drop the service. I would do this only if your concerns are great enough to warrant the cost and you don't trust yourself or don't want to spend the time to learn how to handle the transition on your own. You might want to buy a Boglehea...
by jimkinny
Sat Oct 03, 2020 8:10 am
Forum: Personal Investments
Topic: "Take action to transition your account"
Replies: 6
Views: 1198

Re: "Take action to transition your account"

It was not eventful when I changed over several years ago. If you have anything other than an average cost basis consider printing or downloading your cost basis prior to the change.
by jimkinny
Tue Sep 29, 2020 11:13 am
Forum: Personal Investments
Topic: How to exit my betterment tilts?
Replies: 7
Views: 591

Re: How to exit my betterment tilts?

If you know what your income will be when you retire you can figure out your capital gains rate a few years from now. Maybe you will be in a tax bracket level that your capital gains % will be less. You could also consider doing whatever you can to purposely lower your income (delay SS) when reachin...
by jimkinny
Mon Sep 28, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: Why invest in CDs instead of target retirement funds?
Replies: 43
Views: 3478

Re: Why invest in CDs instead of target retirement funds?

I would keep some money in CDs when the difference between the interest rate on a CD and an equivalent term Treasury is worth the effort. The amount I would keep would be the % of bonds in the target date fund.
by jimkinny
Mon Sep 28, 2020 7:13 am
Forum: Personal Investments
Topic: Are US REITs undervalued relative to other asset classes?
Replies: 8
Views: 681

Re: Are US REITs undervalued relative to other asset classes?

Maybe there is a good reason it may be relatively lower in value to other assets classes when compared to a pre-pandemic value.

Why not ask the same question of an oil based ETF?
by jimkinny
Sat Sep 26, 2020 8:09 am
Forum: Personal Investments
Topic: 403b options- equally-weighted fund
Replies: 4
Views: 291

Re: 403b options- equally-weighted fund

I too would choose the SP 500 index fund. The equal weight has more risk and while it is true it may potentially underperform the 500 index, with its higher risk it has the potential to have higher returns over the long term. The higher the risk, the higher the potential returns. Look into rolling t...
by jimkinny
Fri Sep 25, 2020 11:07 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Re: Two 401k accounts: Previous and Current Employer

Consider rolling the previous employer's 401 to a TIRA at Vanguard or anywhere else that has very low ER/fees
by jimkinny
Fri Sep 25, 2020 7:49 am
Forum: Personal Investments
Topic: Dollar cost averaging question
Replies: 7
Views: 678

Re: Dollar cost averaging question

I don't think it will make any significant difference. At one time felt a need to download all of my financial and investment records. I used a commercially available product. It was a hobby but I did learn a bit. I haven't done that for about 10 years. I then just downloaded the monthly PDF stateme...
by jimkinny
Thu Sep 24, 2020 9:14 am
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2575

Re: Pay more on 2.49% car loan or invest in taxable?

I would pay off the loan and if you have any bonds funds, reduce any money going to bonds by an equivalent amount and instead have the money going into equity funds.
by jimkinny
Wed Sep 23, 2020 1:00 pm
Forum: Personal Investments
Topic: Taking the plunge into personal investing - advice requested.
Replies: 4
Views: 545

Re: Taking the plunge into personal investing - advice requested.

If you want to self manage then buy both the Boglehead Guide to Investing and the Guide to Retirement available at Amazon. These books are not complicated and shouldn't take more than 2-4 hours to read. If you want to pay someone, consider Vanguard's Personal Advisory service, I think the charge is ...
by jimkinny
Mon Sep 21, 2020 3:03 pm
Forum: Personal Investments
Topic: IRA Withdrawl question
Replies: 6
Views: 613

Re: IRA Withdrawl question

After she retires consider rolling over the 401 into a self managed TIRA. The advantage of a Roth IRA is that after one pays tax on the income it will not be taxed in the future unless Congress changes the law. But, you pay taxes on the amount going into the Roth. I think I would put future retireme...
by jimkinny
Sun Sep 20, 2020 9:32 am
Forum: Personal Investments
Topic: 403(b) Fidelity to Vanguard
Replies: 26
Views: 1084

Re: 403(b) Fidelity to Vanguard

Call Vanguard.
Rollover to an IRA?
by jimkinny
Wed Sep 16, 2020 2:18 pm
Forum: Personal Investments
Topic: I need help in selecting a bond fund
Replies: 20
Views: 2074

Re: vanguard total bond market index.... VBTLX

Check out this which is about investment planning.

viewtopic.php?f=1&t=6211

Read at least one Boglehead Guide book: the guide to investing which you will find mentioned in the investment planning topic.
by jimkinny
Wed Sep 16, 2020 5:35 am
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 7984

Re: Throwing In The Towel on Portfolio Management

Target Funds are a good choice. I would likely do better if I owned one.
by jimkinny
Wed Sep 16, 2020 5:32 am
Forum: Personal Investments
Topic: investing advice
Replies: 2
Views: 308

Re: investing advice

Reading this Investing Planning piece

viewtopic.php?f=1&t=6211

read a Boglehead book on Investing or the Three fund portfolio
by jimkinny
Tue Sep 15, 2020 4:11 pm
Forum: Personal Investments
Topic: Allocation at RMD
Replies: 17
Views: 1328

Re: Allocation at RMD

I think having equities in an TIRA is okay as is bonds. It depends on taxes. Long term cap gains have a different tax rate than regular interest rate income (unless you manage to have a marginal tax rate the same as your capital gains tax rate. Look up both. Also consider that heirs are allowed a st...
by jimkinny
Tue Sep 15, 2020 1:03 pm
Forum: Personal Investments
Topic: Vanguard funds in retirement
Replies: 15
Views: 1632

Re: Vanguard funds in retirement

This is a very good place to start. It is a post and thread that has become very long about the Three Fund Portfolio. You could buy the book. Taylor wrote the book 1-2 years ago. I am guessing it is called the Boglehead Guide to the three fund portfolio. I would imagine the book would be easier to r...
by jimkinny
Tue Sep 15, 2020 10:52 am
Forum: Personal Investments
Topic: EE bonds soon?
Replies: 15
Views: 1096

Re: EE bonds soon?

Seems like a good idea if you are willing to take the inflation risk. I have no idea what inflation will be 3 or 20 years from now. The best guess is the markets guess. I haven't looked for a long time but a good estimate for this would be the difference in yields between nominal and inflation prote...
by jimkinny
Sun Sep 13, 2020 3:15 pm
Forum: Personal Investments
Topic: question for the bond fund experts out there
Replies: 12
Views: 1039

Re: question for the bond fund experts out there

If you are young it likely doesn't make any difference depending on the % in equities you have. If you want to avoid a decrease in NAV due to an interest rate increase then the two funds you listed will accomplish that. CDs at a on line bank such as Ally would guarantee you a fixed interest rate as ...
by jimkinny
Sat Sep 12, 2020 2:42 pm
Forum: Personal Investments
Topic: Buy SPIA with IRA money or Taxable Acct Money?
Replies: 14
Views: 1076

Re: Buy SPIA with IRA money or Taxable Acct Money?

OP, taxes are the biggest differences between these two options, although there are others. But you've told us nothing about your taxable income, age, social security plans, or whether you're working, except you apparently have enough taxable income to be looking at the 15% long-term capital gains ...
by jimkinny
Sat Sep 12, 2020 2:00 pm
Forum: Personal Investments
Topic: Buy SPIA with IRA money or Taxable Acct Money?
Replies: 14
Views: 1076

Re: Buy SPIA with IRA money or Taxable Acct Money?

If you use a taxable account for the SPIA annuity, most of the distributions will be tax free since they are funded by investment in the contract. If fact, due to the record low interest rates now prevailing your payments will be lower than normal and a higher portion of that payment will be a retu...
by jimkinny
Sat Sep 12, 2020 1:29 pm
Forum: Personal Investments
Topic: Buy SPIA with IRA money or Taxable Acct Money?
Replies: 14
Views: 1076

Re: Buy SPIA with IRA money or Taxable Acct Money?

I agonized over this issue also and have purchased annuities from both sources as well as from a Roth. I just settled on what seemed to make the most sense at the time. Purchasing from a traditional IRA can have a small advantage if you delay the payment from the SPIA. For example, if your RMD is 5...
by jimkinny
Sat Sep 12, 2020 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Near number but not at retirement age
Replies: 36
Views: 3135

Re: Near number but not at retirement age

I cut back my hours and worked part time for 5-6 years until I was 3-4 months away from Medicare qualification age. It worked fine for me. I missed out on saving during those years and had a scare in 2008 but thankfully the markets recovered fairly quickly. If needed, I could have returned to full t...
by jimkinny
Sat Sep 12, 2020 9:11 am
Forum: Personal Investments
Topic: Buy SPIA with IRA money or Taxable Acct Money?
Replies: 14
Views: 1076

Buy SPIA with IRA money or Taxable Acct Money?

This is not a post asking if I should buy an immediate annuity. I could use money from an IRA account or money from a regular non tax protected account. I will not be buying an annuity within my existing IRA account but will do a partial transfer of some of the TIRA money to the insurance company wh...
by jimkinny
Fri Sep 11, 2020 12:32 pm
Forum: Personal Investments
Topic: Newbie question: why bother with bond funds now?
Replies: 11
Views: 1310

Re: Newbie question: why bother with bond funds now?

If possible, consider using CDs at on line banks such as Ally in lieu of a bond fund. If your are stuck in a 401 then use a stable value fund if available. Over 10 to 40 years it likely won't matter much especially with high equity allocations.
by jimkinny
Fri Sep 11, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Too much S&P 500 index concentration in FAAMGs?
Replies: 67
Views: 4109

Re: Too much S&P 500 index concentration in FAAMGs?

Thanks a lot Robert T and Nisi for the history lesson. I imagine US tech dominance will wain with time, just as US dominance of the auto industry did. The auto industry was the high technology of the day and it required a huge industrial base to support it as well as an oil. I wonder what type of co...
by jimkinny
Fri Sep 11, 2020 9:23 am
Forum: Personal Investments
Topic: Invest in 1 Vanguard Fund - VIGAX -- Is it wrong ?
Replies: 25
Views: 4194

Re: Invest in 1 Vanguard Fund - VIGAX -- Is it wrong ?

I found the Boglehead Guide books valuable. Search on Amazon under Boglehead Guide and I think you will find 3 books. Inexpensive and easy to understand but also comprehensive. It is not necessary to buy these books because you can pickup everything on the forum gradually and also on the Boglehead W...
by jimkinny
Thu Sep 10, 2020 5:53 pm
Forum: Personal Investments
Topic: Immediate Annuity Satisfaction or Regrets?
Replies: 66
Views: 4502

Re: Immediate Annuity Satisfaction or Regrets?

Very happy with my four staggered SPIAs from different companies. I wish I had bought more but hadn't because of all the advice on this forum to wait for higher interest rates. Trust your own judgment. PS: can barely see my computer screen because of all the smoke. :happy . Good advice. I have been...