Search found 813 matches

by Vig Oren
Tue Sep 09, 2008 12:46 pm
Forum: Personal Investments
Topic: Using "Tar-retirement inc. fund" for retirement ca
Replies: 7
Views: 1890

allow aunt to prosper

My approach would be to go with Wellesley Income fund and DO take REAL 4% withdrawals annually. Why not allow your aunt to prosper?
by Vig Oren
Tue Sep 09, 2008 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Two Small Will Planning Question
Replies: 6
Views: 1943

could "controling from the grave" be avoided?

InvestingMom: Is this what you had in mind, or is it more fees to lawyers? Decision Making Mechanisms While some creators of trusts value the control they can exert from the grave, an excellent means by which to provide for flexible control is to permit trustees to make “appropriate” distributions t...
by Vig Oren
Tue Sep 09, 2008 8:44 am
Forum: Personal Investments
Topic: TIPS in a taxable account?
Replies: 14
Views: 3679

Going into TIPS now for Curtis

Curtis, please check posts here by Larry S on TIPS and see if it is for you to go into it now: http://www.bogleheads.org/forum/viewtopic.php?t=22876&postdays=0&postorder=asc&start=50 BTW Curtis, how would you reply to a family member who emailed you this: We have only saved $15K for college. I have ...
by Vig Oren
Tue Sep 09, 2008 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 32
Views: 6608

Tip #2

Tip #2: The job of dental insurance underwriters is to press hard on dentists who can't fill their chairs with patients and thus get them to give in and share the revenue with the insurer's shareholders. Not the insured patients!
by Vig Oren
Mon Sep 08, 2008 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 32
Views: 6608

a tip on teeth implants

Tip: for teeth implants go overseas and save more than 50%. In my town here in the US, you pay the oral surgeon $3K for an implant ($800 overseas). The crown that you get later at a dentist costs $2K. If you're toothless then you pay the oral surgeon $12K per jaw for 4 to 6 implants and a wax prosth...
by Vig Oren
Mon Sep 08, 2008 9:16 pm
Forum: Personal Investments
Topic: TIPS in a taxable account?
Replies: 14
Views: 3679

College savings for Curtis Lowe

My daughter is just basically a newborn....I'm funding a 529 w/ $100,000, but plan to stick another $200,000 for her education in a taxable account, in case she wants to go to a private school...So the taxable portfolio is long term..Would a TIPS ETF be ok? Thx for the help. It seems that you are n...
by Vig Oren
Mon Sep 08, 2008 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Two Small Will Planning Question
Replies: 6
Views: 1943

Reaching out from inside the grave

Does anyone have suggestions for ways to leave instructions in your will for the Trustee of a trust for minor children to invest the estate according to general Boglehead principles? Has anyone done this in writing in the will? Would this be too "restrictive" on the person and provide legal problem...
by Vig Oren
Mon Sep 08, 2008 2:09 pm
Forum: Personal Investments
Topic: Help starting an investment program at age 59
Replies: 6
Views: 1796

59 who has nothing started

Hi, please explain this: I'm age 59 and have nothing started at all.

Can you provide your financial situation (money risk taking, etc) and GOALS? :roll:
by Vig Oren
Mon Sep 08, 2008 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 32
Views: 6608

Dental Insurance

From a maven in the field: Self-insuring {I don't like this wording. How about sel-funding?} usually wins. May want to try an individual DHMO since these don't usually have an annual maximum benefit. Indemnity and DPPO plans usually have an annual maximum of $1,000-$1,500. {not enough even for one j...
by Vig Oren
Mon Sep 08, 2008 1:50 pm
Forum: Personal Investments
Topic: A 529 question
Replies: 7
Views: 2031

Cody's 529

Cody, usually grandparents can hold a 529 and it is also preferable since this way it does not effect much financial aid. If your income is hi but not too hi (phaseout), you then might benefit by this: A Roth IRA is a good place for college savings IF: 1) You would withdraw only your contributions a...
by Vig Oren
Mon Sep 08, 2008 12:09 pm
Forum: Investing - Theory, News & General
Topic: TIPS and equities
Replies: 106
Views: 19781

Investing in a New World

sidetracked
by Vig Oren
Mon Sep 08, 2008 11:12 am
Forum: Personal Investments
Topic: 403b - Vanguard Frustration
Replies: 5
Views: 1836

Roth IRA for college savings

Drummer: I'm going to open 529's for my childrens education. A Roth IRA is a good place for college savings IF: 1) You would withdraw only your conributions and not the earnings 2) Your childern will NOT need financial aid, i.e. you're affluent. 3) You don't plan to pay student loans with the money ...
by Vig Oren
Mon Sep 08, 2008 8:45 am
Forum: Personal Investments
Topic: Bonds and non-resident alien
Replies: 4
Views: 4109

1040NR

I was reading about taxation of non-resident aliens and it says: # No tax on capital gains. This means that a brokerage or a mutual fund should withhold nothing when selling shares. With respect to mutual funds, long-term capital gain distributions are exempt as well. # No tax on bank interest. Thi...
by Vig Oren
Sun Sep 07, 2008 10:49 pm
Forum: Personal Investments
Topic: Bonds and non-resident alien
Replies: 4
Views: 4109

Nonresident Aliens Tax

See here what capital gains are taxed: http://www.irs.gov/businesses/small/international/article/0,,id=129253,00.html Excerpt: It all has to do with the source of the CG and your status The Taxation of Capital Gains of Nonresident Alien Students, Scholars and Employees of Foreign Governments The cap...
by Vig Oren
Sun Sep 07, 2008 10:01 pm
Forum: Personal Investments
Topic: TIPS in a taxable account?
Replies: 14
Views: 3679

TIPS in a taxable account

Curtis, here is an excerpt from Larry Swedroe's recent post: TIPS are superior to nominal bonds as diversifiers of equity risks. While nominal bonds have low correlation to equity risks (though the longer the maturity the higher the correlation), TIPS are one of just two asset classes that have nega...
by Vig Oren
Sun Sep 07, 2008 9:03 pm
Forum: Investing - Theory, News & General
Topic: 403B choices
Replies: 9
Views: 2220

Vanguard Signal Shares

I am wondering if USAA, MetLife, or Safeco have a Vanguard Signal Shares arrangements for 403(b)?
by Vig Oren
Sun Sep 07, 2008 7:07 pm
Forum: Investing - Theory, News & General
Topic: TIPS and equities
Replies: 106
Views: 19781

Dyslexia

Larry S: Now when you correct for my dyslexia Larry, if it's correct then my 41 yrs old son is dyslexic (and ADHD too). I have found him to shine in very specific and important fields. Fixing computers, resolving technical bugs, compassionately helping people in needs and being a nice person are amo...
by Vig Oren
Sun Sep 07, 2008 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: recommendation or personal finance software
Replies: 5
Views: 2064

Financial planning software

I agree with TFB about Quicken. As to doing X-Ray, the only choices are from M*. Financial planning software are doing most (except the X-Ray) but cost good money. One of them named irebel costs $50K. So only a group of financial planners would purchase it. See also here: http://www.financial-planni...
by Vig Oren
Sun Sep 07, 2008 3:50 pm
Forum: Investing - Theory, News & General
Topic: 403B choices
Replies: 9
Views: 2220

ING 403(b) with Vanguard Signal Shares

My ING 403b offers these Vanguard (Signal Shares) funds: S&P 500 Index Fund (ER .07%) Mid-Cap Index Fund (ER .10%) Small-Cap Index Fund (ER .10%) They also offer Dodge & Cox International (A fund I have always liked) Re-edit: I missed the OP saying that Vanguard is no longer an option. But I leave ...
by Vig Oren
Sun Sep 07, 2008 2:00 pm
Forum: Personal Investments
Topic: Need advice for dealing with a prodigal father
Replies: 43
Views: 8122

10 commandments


gweinstn: My larger financial risk is supporting him
[religious remark and link removed by Mod]
by Vig Oren
Sun Sep 07, 2008 1:53 pm
Forum: Investing - Theory, News & General
Topic: 529 plan comparison on Google Spreadsheet
Replies: 6
Views: 2740

529 spread sheet on Google

Hi, and thanks. Here is a copy of my post from: http://www.bogleheads.org/foru....mp;start=0 I and my son (from GA) have decided on the UTHA 529's Aggressive approach, and holding it till 3 to 5 years before college. Then switching to their Conservative. Otherwise, the return curve starts decreasing...
by Vig Oren
Sun Sep 07, 2008 1:29 pm
Forum: Investing - Theory, News & General
Topic: 403B choices
Replies: 9
Views: 2220

some one else 403(b)

Hi, my daughter in law is in the same boat. So I started the followings: 1) Check these: http://www.irs.gov/pub/irs-pdf/p571.pdf And also this: http://www.irs.gov/pub/irs-tege/pub4546.pdf 2) Find out from each vendor the type of funds (expense ratios?) it offers for 403(b) custodial mutual funds. Al...
by Vig Oren
Sun Sep 07, 2008 11:19 am
Forum: Personal Investments
Topic: Need advice for dealing with a prodigal father
Replies: 43
Views: 8122

dr. gweinstein

gweinstn, do I see it clear that after your dad helped you go to med school this is your payback? Why don't you help dad enjoy life and be thankful that he is still alive? :roll:
by Vig Oren
Sun Sep 07, 2008 11:01 am
Forum: Personal Investments
Topic: Estimating how much to save for retirement
Replies: 4
Views: 1700

Money needed for retirement?

No calculator but check this article: http:{take this space out and copy to the address bar}//spwfe.fpanet.org:10005/public/Unclassified%20Records/FPA%20Journal%20April%202007%20-%20National%20Savings%20Rate%20Guidelines%20for%20Individuals.pdf More thoughts: If I was to retire again, I would follow...
by Vig Oren
Sun Sep 07, 2008 8:56 am
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

Gov employees got the best of it

Sidetracked
by Vig Oren
Sat Sep 06, 2008 10:38 pm
Forum: Investing - Theory, News & General
Topic: CCF impact on overall portfolio returns
Replies: 26
Views: 5782

JEALOUSY AMONGST AUTHORS INCREASES WISDOM

Thank you Mel. I sure get tired of the squabbling.
Without any harm or bad feeling intended, in the Hebrew Talmud there is a proverb saying:

JEALOUSY AMONGST WRITERS INCREASES WISDOM :lol:
by Vig Oren
Sat Sep 06, 2008 9:05 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

Old investors

Taylor: older investors often have most of their investments in taxable securities which they are holding for heirs who can receive them free of capital gains and income taxes. Taylor: most investors who have retired before 1975 don't have IRAs b/c it was not available then. See history of IRA: http...
by Vig Oren
Sat Sep 06, 2008 8:39 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

Craig Israelsen's 7Twelve portfolio allocation

Landy YDNAL: On the other hand, I didn't see it as jetpilot wanting to consolidate the portfolio, but rather considering Wellington for new contributions going forward. Having 3 funds (total) is fairly simple even when you need to rebalance and TLH. Perhaps jetpilot can add further information to e...
by Vig Oren
Sat Sep 06, 2008 1:22 pm
Forum: Personal Investments
Topic: Rolling a 403b to an IRA
Replies: 13
Views: 3611

IRS about 403(b) rollovers

Don't forget to check these also:


IRS Pub. 571


http://www.irs.gov/pub/irs-pdf/p571.pdf

And also this:

http://www.irs.gov/pub/irs-tege/pub4546.pdf
by Vig Oren
Sat Sep 06, 2008 10:58 am
Forum: Investing - Theory, News & General
Topic: CCF impact on overall portfolio returns
Replies: 26
Views: 5782

Need guidlines from Larry S

oops, it's getting too hot
by Vig Oren
Sat Sep 06, 2008 9:25 am
Forum: Investing - Theory, News & General
Topic: CCF impact on overall portfolio returns
Replies: 26
Views: 5782

Larry about CCF

Hi Larry, I see right away that adding small amounts of CCF to a portfolio not only boosted its returns but prevented it from loosing. During the last 12 months the 6% in PIMCO PCRDX (in my low- correlation allocations portfolio) rose some 17% and the 6% in Hussman Strategic HSTRX rose some 12%, and...
by Vig Oren
Sat Sep 06, 2008 8:23 am
Forum: Personal Investments
Topic: Tax Efficiency in Roth IRA vs Traditional IRA
Replies: 15
Views: 5486

asset location sequence

It really depends on your taxrate. The idea is that 1) First take advantage of those that are matched by employer matches for 401(k) & 304(b) & 457 2) Next put most tax IN efficients in your Roth if you got the money to pay the tax (also on conversions), including Roth IRA, Roth 401(k) and Roth 304(...
by Vig Oren
Sat Sep 06, 2008 7:34 am
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

jetpilot wants SIMPLICITY

OP: I just turned 55 and I REALLY want to make my life simple. and This money is not needed for my wife and I to live. I plan on leaving it all to ST Jude Children's Hospital so I'd like it to grow greatly yet safely. (There is no reply yet about donor-advised fund) I see three options so far for ho...
by Vig Oren
Fri Sep 05, 2008 10:00 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

is jetpilot gone?

where is jetpilot from GA? :roll:
by Vig Oren
Fri Sep 05, 2008 5:03 pm
Forum: Personal Investments
Topic: Allocation for 89 year old?
Replies: 10
Views: 2568

Good Samaritans

Pam, it would be nice if Good Samaritans would be protected in rendering financial advice as helping in other activities.
by Vig Oren
Fri Sep 05, 2008 2:54 pm
Forum: Personal Investments
Topic: Allocation for 89 year old?
Replies: 10
Views: 2568

89 year old

Pam wrote: Two of those relatives are now in their 50's, and two are in their 20's. She plans to claim the IRA's her son left her, i.e., not to pass them directly through to the relatives. These are the likely suiters who could go after you. But a certified & licensed fee- only CFP with more than 10...
by Vig Oren
Fri Sep 05, 2008 2:16 pm
Forum: Personal Investments
Topic: Allocation for 89 year old?
Replies: 10
Views: 2568

seek a CFP

Sorry, but if you're not a certified financial advisor you could cause more damage than good (besides going into lawsuits).
by Vig Oren
Fri Sep 05, 2008 2:08 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

JetPilot

JetPilot, your choice: Past returns (%): Fund..........2003......2004.....2005.....2006.....2007.......2008.....SD.....Beta 3 funds.......26..........14..........8.........14..........11.......(-11).......9.7.....1.2 Wellington...21..........11..........7.........15...........8.......( -8 ).......6....
by Vig Oren
Fri Sep 05, 2008 12:38 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

VTSMX vs. VWELX

Taylor wrote: * Wellington is very tax-INefficient compared with Total Stock Market. The figures below reflect Vanguard fund returns on December 1999 from "The Independent Adviser for Vanguard Investors" ( Total International was too young to have 5-year returns): WELL.----TSM 102.5%--212.4%------ 5...
by Vig Oren
Fri Sep 05, 2008 11:01 am
Forum: Personal Investments
Topic: Converting IRA to Roth for older person
Replies: 5
Views: 1846

To Roth or not to Roth?

Hi as I understand it the current conversion phaseouts have to do with your adjusted gross income and not with the IRA size. In 2010 these phaseouts limits suppose to be deleted for 2 years. About your other question see this: Excerpt: ---- Abstract ----- Do regular 401(k) and IRA accounts offer gre...
by Vig Oren
Fri Sep 05, 2008 10:52 am
Forum: Personal Investments
Topic: Good Fidelity fund that surpasses Vanguard's?
Replies: 9
Views: 3378

Fidelty vs. Vanguard

Fidelity family M* score (5 is top) Asset classes...........score....% of Assets Domestic Stock.........4.0........... 55.48 International Stock...3.5............ 12.76 Municipal Bond..........4.4..............2.30 Taxable Bond............3.7............11.46 Average Expense Ratio % Domestic Stock....
by Vig Oren
Fri Sep 05, 2008 9:02 am
Forum: Investing - Theory, News & General
Topic: W-8BEN form for Non-US investors - can anybody help?
Replies: 16
Views: 7531

Tax guide for Aliens

.Yes, I bank in one of these tax haven countries .But on W8-BEN form they ask for 'Country of Residence' which is Vietnam. Also I checked on IRS website, even Hong Kong doesn't have Tax treaty with US. I am puzzled. MT Not all countries have a tax treaty with the US. The 35% that you mentioned seem...
by Vig Oren
Thu Sep 04, 2008 10:56 pm
Forum: Personal Investments
Topic: Why not just buy Wellington?
Replies: 39
Views: 10400

Adding funds to Wellington backfires

Adding funds to Wellington backfires, so just leave Wellington alone as is! I have no tax deferred accounts. :cry: But if my Fed taxrate was below 25% I would hold this super fund in my taxable account and go play golf instead of correct locationing, rebalancing, tax loss harvesting and endless mass...
by Vig Oren
Thu Sep 04, 2008 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does new car purchase make sense?
Replies: 34
Views: 8159

Auto safety

Sometimes these fancy new "safety features" are just cover ups. Innovative advances will soon make driving safer than ever Electronic stability control (ESC), which selectively applies brakes to one or more wheels when a vehicle is about to slide out of control, is the most important safety advance...
by Vig Oren
Thu Sep 04, 2008 6:56 pm
Forum: Investing - Theory, News & General
Topic: Do the Bogleheads have a vision statement???
Replies: 9
Views: 2497

Bogleheads mission statement

The Bogleheads MISSION STATEMENT as written by Jack Bogle himself: => CHOOSE A SOUND FINANCIAL LIFESTYLE => START EARLY AND INVEST REGULARLY => KNOW WHAT YOU'RE BUYING => PRESERVE YOUR BUYING POWER => KEEP COSTS AND TAXES LOW => DIVERSIFY YOUR STOCK PORTFOLIO [and diversify your stock risk with a bo...
by Vig Oren
Thu Sep 04, 2008 6:49 pm
Forum: Personal Investments
Topic: large inheritance - Advice needed on Asset Allocation
Replies: 23
Views: 6498

Become a client of Larry Swedroe

Hi, I would become a client of Larry Swedroe. :P Read here about Larry:

http://www.indexfunds.com/PFarticles/20 ... int_ST.htm
by Vig Oren
Thu Sep 04, 2008 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Does new car purchase make sense?
Replies: 34
Views: 8159

Sell the car yourself and donate

I've changed my mind: Time to give it to a high school student to drive and buy a new car. If you "give" you then take liability :idea: If you donate to the school, then there are only a few middlemen in your area who specialize in such auctions. So the school will refer you to these outfits. You t...
by Vig Oren
Thu Sep 04, 2008 6:18 pm
Forum: Investing - Theory, News & General
Topic: Poll 2. How many actively managed funds are you in?
Replies: 22
Views: 4574

I am in 100% acitve stock funds

Hi, it's me with the 100% "managed" stock funds but NOT bond funds. The problem with me is that I have retired before the index funds arrived. So I am locked in active stock funds, in my taxable accounts, with LOW tax costs basis, i.e. hi unrealized capital gains. However, my family members are abou...