Search found 37 matches

by Robert C F
Sun Jan 31, 2016 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is a Will or Trust necessary for a single person with no kids?
Replies: 21
Views: 5161

Re: Is a Will or Trust necessary for a single person with no kids?

An attorney can advise you on whether a will or a trust will work best for you. Depends on your assets and how they will be passed on. The first time I saw a attorney, she advised that a simple will would work. When my assets grew, I needed a trust. Death isn't the only bad thing that can happen -- ...
by Robert C F
Sun Jan 03, 2016 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: More Edward Jones questions...
Replies: 13
Views: 1579

Re: More Edward Jones questions...

They already did the damage with their upfront fee which was pure profit for the this disreputable brokerage house. From a quick review of the information on this fund on Morningstar, I don't see any fee to sell. For full information read prospectus which you can access on Morningstar. Or, just call...
by Robert C F
Sat Apr 05, 2014 1:43 am
Forum: Investing - Help with Personal Investments
Topic: Reaching $1M in Total Assets
Replies: 35
Views: 6770

Re: Reaching $1M in Total Assets

The large percentage of your assets in your company's stock is risky. If your company goes South, not only is your job at risk but a substantial share of your savings. If you can suggest you sell this and buy a Total US stock index.
by Robert C F
Mon Nov 18, 2013 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation and Municipal Bonds
Replies: 6
Views: 1442

Re: Bond Allocation and Municipal Bonds

Thanks for the feedback. I'll look into IT Treasury.
by Robert C F
Sat Nov 16, 2013 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation and Municipal Bonds
Replies: 6
Views: 1442

Bond Allocation and Municipal Bonds

The bond portion of our portfolio is 50%. The tax-sheltered portion of my portfolio is 30% of assets, which I mainly use for REIT indexes and non-municipal bonds. Since not all of my bond allocations can fit in the tax-sheltered portfolio, I'm up to 22% of my portfolio in mutual fund bond index fund...
by Robert C F
Mon Aug 05, 2013 2:44 pm
Forum: Investing - Theory, News & General
Topic: High advisor fees with questionable results
Replies: 84
Views: 8609

Re: High advisor fees with questionable results

The DFA funds are liked by a number of authors like Ferri and Bernstein. The problem is that you need an investor to get into them. Ferri's fees are much lower and he uses DFA. Expect you could make a switch to a lower fee advisor that uses DFA. 2007 was a rough year to invest, with the crash follow...
by Robert C F
Sun Jul 28, 2013 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: PLEASE help-complicated estate probate question
Replies: 12
Views: 1125

Re: PLEASE help-complicated estate probate question

See an attorney specializing in estate planning (wills and trusts). Bad behavior with estates is unfortunately common.
by Robert C F
Sun Jun 16, 2013 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, fiduciary hourly advisor
Replies: 139
Views: 8905

Re: Help with portfolio, fiduciary hourly advisor

A couple of posts have mentioned Fidelity advisors. They don't charge, but from my experience they are there to sell not to advise. When my assets were big enough to attract a call I met with one, he did his best to direct me away from the Fidelity index funds (some of which are good and low cost), ...
by Robert C F
Sun Jun 16, 2013 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, fiduciary hourly advisor
Replies: 139
Views: 8905

Re: Help with portfolio, fiduciary hourly advisor

Welcome to the forum. The detail on your holdings is fine, but if reading it is difficult, managing it is even more so. Suggest for future posts, condense the history (how you got there), you're where you are regardless of the history. Vanguard provides financial advisors to their customers by phone...
by Robert C F
Wed Jun 12, 2013 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I hire my uncle for tax advice?
Replies: 16
Views: 1902

Re: Should I hire my uncle for tax advice?

Hire? In many families the job description of uncle comes with a fair amount of general advice regardless of field. He may be pleased to have informal chats with you regarding financial planning and taxes. I wouldn't push him for a detailed analysis or doing your tax returns, for the reason you ment...
by Robert C F
Fri Jun 07, 2013 3:35 pm
Forum: Personal Consumer Issues
Topic: Computer Hacked
Replies: 12
Views: 2802

Re: Computer Hacked

Your friend may have malware on his computer. Essentially a virus that turns his computer into a spam generating 'zombie' utilizing his address book. Recommend to him to research a good virus/malware protection program. Make sure you have one yourself. If you/he uses Windows, install all the updates...
by Robert C F
Tue Jun 04, 2013 2:19 pm
Forum: Personal Consumer Issues
Topic: The Boglehead Car -- What is It?
Replies: 150
Views: 15161

Re: The Boglehead Car -- What is It?

One of my most favorite and most economical car was an Mazda RX-7 (2nd major model revision) I bought from my physician. Two years used, great price, as I avoided the heavy depreciation years. Fun to drive, very few repairs, and drove it for over 200K miles.
by Robert C F
Tue Jun 04, 2013 2:14 pm
Forum: Personal Consumer Issues
Topic: Items stolen from baggage
Replies: 19
Views: 2867

Re: Items stolen from baggage

My spouse had better experience with getting a reimbursement closer to replacement value. He documented each item and replacement value for his claim. Good luck.
by Robert C F
Tue Jun 04, 2013 2:11 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1495269

Re: What Book Are You Currently Reading? Part V

Listening to audio of Doris Kearns Goodwin's biography of Lincoln and his cabinet, Team of Rivals, while I do my gym workouts.

Also, Solin's Smartest Portfolio You'll Ever Own.
by Robert C F
Wed May 22, 2013 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should I just fire this Advisor?
Replies: 35
Views: 3766

Re: Should I just fire this Advisor?

Without balances for accounts can only ballpark your expense ratio, looks like you are paying at least 1% and likely more in expense ratios. You can set up an index portfolio for around 0.2%, which is likely to perform as well and maybe better. Which means you are paying this "nice guy" and his empl...
by Robert C F
Fri May 17, 2013 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: What were the little things that led you to index investing?
Replies: 60
Views: 5121

What were the little things that led you to index investing?

One image that stuck in my mind and helped me realize something was wrong with where my "financial advisor" at Fidelity was leading me was his Rolex watch. Started wondering why this 30 something guy would spend so much on an overpriced watch and presume to give me financial advice. I was 20+ years ...
by Robert C F
Fri May 17, 2013 3:09 pm
Forum: Investing - Theory, News & General
Topic: Is this actionable information about a fund?
Replies: 17
Views: 1359

Re: Is this actionable information about a fund?

Currently, I don't own any actively managed funds and don't ever plan to ever again. How much exactly I lost to fees before I fully understood the index approach is hard to figure. Manager investment makes as one criteria makes some sense to me, but I'm never going back down the road of actively man...
by Robert C F
Fri May 17, 2013 2:19 pm
Forum: Investing - Theory, News & General
Topic: Is this actionable information about a fund?
Replies: 17
Views: 1359

Re: Is this actionable information about a fund?

If an active manager isn't willing to put their skin in the game, why isn't that significant? The fund is sold on beating the market hype. An active manager that isn't willing to risk a significant portion of their assets on their own fund, makes me believe they don't believe their own strategy is ...
by Robert C F
Fri May 17, 2013 12:45 am
Forum: Investing - Theory, News & General
Topic: Is this actionable information about a fund?
Replies: 17
Views: 1359

Re: Is this actionable information about a fund?

If an active manager isn't willing to put their skin in the game, why isn't that significant? The fund is sold on beating the market hype. An active manager that isn't willing to risk a significant portion of their assets on their own fund, makes me believe they don't believe their own strategy is g...
by Robert C F
Thu May 16, 2013 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree poll: When did you retire?
Replies: 36
Views: 4016

Re: Retiree poll: When did you retire?

I retired 2010 at age 52 with no regrets. The time to pursue my interests is wonderful, when I travel I can spend the time to stay for a decent period of time. The time to read Bogle, Ferri, and Bernstein invaluable to my future financial security. Fortunate to have a pension plan and a 457 plan. St...
by Robert C F
Thu May 16, 2013 9:54 pm
Forum: Investing - Theory, News & General
Topic: Is this actionable information about a fund?
Replies: 17
Views: 1359

Re: Is this actionable information about a fund?

I do think this is a time to do a re-evaluation. This fund has 15.5 Billion in assets, bringing in to T Rowe 110 Million gross per year. Manager is making crazy stupid money, his current commitment is likely a negligible part of his assets. I am puzzled as to what I would benchmark it against it as ...
by Robert C F
Wed May 15, 2013 11:30 pm
Forum: Investing - Theory, News & General
Topic: Another look at Jim Cramer's stock picks
Replies: 29
Views: 4773

Re: Another look at Jim Cramer's stock picks

Here are the links to one of my favorite John Stewart interview of Cramer on the Daily Show (in three parts): http://www.thedailyshow.com/watch/thu-march-12-2009/jim-cramer-extended-interview-pt--1 http://www.thedailyshow.com/watch/thu-march-12-2009/jim-cramer-extended-interview-pt--2 http://www.the...
by Robert C F
Tue May 14, 2013 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Vanguard?
Replies: 22
Views: 3006

Re: Edward Jones to Vanguard?

Moving is easy, Vanguard will walk you through it (their Concierge Department). Read the WIKI on asset allocations, decide what you want your allocation to be. Also read about tax efficiency, those things that are less tax efficient belong in your IRA (REIT index, bond index). Number of shares doesn...
by Robert C F
Mon May 13, 2013 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Active versus Passive
Replies: 29
Views: 2704

Re: Active versus Passive

There is another drag on the actively managed fund, taxes (unless held in a tax-protected account). VTSAX turns over 3%, OAKMX 27%. There is significantly more drag on the OAKMX (run the tax tab on Morningstar for both).
by Robert C F
Sat May 11, 2013 2:46 pm
Forum: Investing - Theory, News & General
Topic: Past Performance
Replies: 60
Views: 3902

Re: Past Performance

I see it as a difference between short and long term performance. Overall I know the equity market will move up (with periods of scary drops and stagnation). What the overall equity market will do in the short term or which segments of this market will do in the short term, nobody knows. For example...
by Robert C F
Thu May 09, 2013 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Convert SIMPLE to Roth? Advisor: Stay with American Funds
Replies: 14
Views: 7399

Re: Convert SIMPLE to Roth? Advisor: Stay with American Fund

I moved my 401 to Vanguard IRA a couple of years ago and am happy I did. Lower fees, extremely better choices, and they have a "concierge" department that will walk you through the process. I looked up your two funds on Morningstar, one is a large cap value and one is a large cap growth. So your ass...
by Robert C F
Fri May 03, 2013 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: After a passive portfolio is set up - what more to do?
Replies: 36
Views: 3190

Re: After a passive portfolio is set up - what more to do?

While I don't use a financial advisor. If their fees are reasonable, they may well be worth it, believe some others have handled this well. One of the hardest things I have done is in down markets trade some of the nice safe bond funds and buy the recently hammered sock funds to keep to my asset all...
by Robert C F
Mon Apr 29, 2013 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie.. Need Help
Replies: 32
Views: 7534

Re: Newbie.. Need Help [Physician]

As follow-up to my comments above. Alternative 1 20% PIMCO Total Return (medium duration bond) 25% MFS International Value (mid cap balanced international) Other international funds are large growth. This looks balanced to me from Morningstar not value. 55% ING US Stock Index Portfolio (Large cap, b...
by Robert C F
Mon Apr 29, 2013 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is Quicken Worth it?
Replies: 58
Views: 13415

Re: Is Quicken Worth it?

I have used Quicken for at least ten years. Pros Ability to run add hoc reports at tax time. As long as you categorize your expenses, very useful. I like also to have the level of category and tag. Track payments is easy. If a favorite charity sends an appeal, I can quickly see when I last sent them...
by Robert C F
Sun Apr 28, 2013 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie.. Need Help
Replies: 32
Views: 7534

Re: Newbie.. Need Help [Physician]

Well you have a pretty good start. Couple of suggestions. 1) Make yourself a table of investment choices. In addition to expense ratio's include tax efficiency (from Morningstar), type international/domestic, cap (large, mid, small, micro), type (growth, value, or balanced) and note whether index or...
by Robert C F
Tue Apr 23, 2013 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: [stopping] Telemarketers
Replies: 29
Views: 2255

Re: Telemarketers

I usually start by asking them why they are calling a number on the "do not call registry," then I ask them their company name so I can make a complaint. They usually hang up somewhere in this process. I do file a complaint on each call, have the site bookmarked. I seem to be getting less calls.
by Robert C F
Mon Apr 15, 2013 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Emerging Markets Options
Replies: 5
Views: 1137

Re: Emerging Markets Options

Thanks for the comments.

I hadn't picked up IEMG in my searches yet. This looks like a contender, diversified and ER is .18%.

As for VMMSX, I'm a excellent Vanguard customer, but only as to their index funds. VMMSX is actively managed, with a turn over rate of 90%.
by Robert C F
Sun Apr 14, 2013 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Markets Options
Replies: 5
Views: 1137

Emerging Markets Options

I held 3% in emerging markets VEMAX. Would appreciate suggestions for similar emerging market index based funds or ETFs. Sold VEMAX for tax loss harvesting purposes to cancel out some of my capital gains for this year. I could go back into the ETF version of this VEMAX (VWO) in a month or back into ...
by Robert C F
Sun Apr 14, 2013 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Why Emerging Markets doing poorly so far in 2013?
Replies: 14
Views: 3084

Re: Why Emerging Markets doing poorly so far in 2013?

One reason could be that this is an actively managed fund rather than an index. LZOEX trumpeted their returns for 2012, but they have the same problems of all actively managed funds, can they continue to outperform an index (most don't) and higher cost. I don't know what your overall international p...
by Robert C F
Thu Apr 11, 2013 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, this is my plan?
Replies: 11
Views: 1668

Re: New Job, this is my plan?

I would suggest the following priorities. 1) set up a cash reserve. You don't want to disrupt your savings or take on debt due to an emergency. You'll feel more secure also. 2) Read the either of the Boggleheads books. Decide on how you want to allocate your investments. There is information in the ...
by Robert C F
Wed May 11, 2011 11:15 pm
Forum: Investing - Theory, News & General
Topic: They're making the reasons up
Replies: 26
Views: 3025

They're making the reasons up

Today's (5/11/11) quote from the AP trying to explain about a 1% drop in the overall market: Tumbling demand for commodities and a drop in the euro led to a broad stock sell-off Wednesday that pulled the Dow Jones industrial average down 130 points. Demand for gasoline in the U.S. fell by the larges...