Search found 3021 matches

by hoops777
Sun May 24, 2020 8:07 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 69
Views: 4029

Re: Thinking of selling some SP 500 to buy more Wells Fargo

retired@50 wrote:
Sun May 24, 2020 7:45 pm
hoops777 wrote:
Sun May 24, 2020 5:57 pm

Listened to an hour long podcast a couple weeks ago or so and the head of a 50 year old fund that has beaten the SP 500 the last 50 years mentioned banks.
Who is the person?

What is the fund?

Regards,
Chris Davis from NY Capital Venture on Morningstar the Long View podcast.
by hoops777
Sun May 24, 2020 5:57 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 69
Views: 4029

Re: Thinking of selling some SP 500 to buy more Wells Fargo

All the big banks have been hit hard.They will return in time. Buying some WF with some FUN money is not a bad idea. Listened to an hour long podcast a couple weeks ago or so and the head of a 50 year old fund that has beaten the SP 500 the last 50 years mentioned banks. The question was is there an...
by hoops777
Sat May 23, 2020 9:52 pm
Forum: Personal Consumer Issues
Topic: Great iPad games for kids
Replies: 2
Views: 218

Re: Great iPad games for kids

code.org has some good stuff. I'm pretty old school when it comes to games for my kids - I'd much rather have physical games than play behind a screen. I know it's not what you asked but Thinkfun has some great physical logic games - https://www.thinkfun.com/our-products/ I agree but if there is sc...
by hoops777
Sat May 23, 2020 9:12 pm
Forum: Personal Consumer Issues
Topic: Great iPad games for kids
Replies: 2
Views: 218

Great iPad games for kids

About 6 months ago I discovered Monument Valley which is a beautiful logic puzzle game mostly for teens and adults. I started playing it with my 5 year old grandson and the little guy was able to figure out about 70 pct of it.We finished MV 1 and 2.Highly recommend it. A week ago I discovered the th...
by hoops777
Sat May 23, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 222
Views: 43279

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Well excuse me for skimming,but life does go on ,right? No harm,no foul. One thing I do know is what “simple” actually is. TakIng the word simple out of the title would be a much better description in my simple opinion. Fair enough and to each his own. In my opinion, updating one cell in a spreadsh...
by hoops777
Sat May 23, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 222
Views: 43279

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Simple? Simple is SS plus your RMD if the amounts work for expenses. Excess RMD’s reinvested for a rainy day or whatever you want. The retiree will get $2,032/month Social Security payments in 5 years . That's $24,384/year. The percentage for a 5-year withdrawal schedule with a 60/40 stocks/bonds i...
by hoops777
Sat May 23, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 222
Views: 43279

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Simple?
Simple is SS plus your RMD if the amounts work for expenses. Excess RMD’s reinvested for a rainy day or whatever you want.
by hoops777
Fri May 22, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 162
Views: 14614

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better terms is c...
by hoops777
Fri May 22, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 162
Views: 14614

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better terms is c...
by hoops777
Tue May 19, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: My idea for a 3-fund portfolio
Replies: 13
Views: 834

Re: My idea for a 3-fund portfolio

The consensus here is that large cap US stocks and Treasury Bonds can do no wrong. Both are overvalued. Treasury Bonds in in a bubble. And it doesn't even have the hollow promise of a jackpot like other bubbles. On the other hand, international stocks are undervalued, ESPECIALLY Japan and emerging ...
by hoops777
Mon May 18, 2020 10:42 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

OP here. Sorry to start the usual #^*%%% about dividends, Anyway,with my stock allocation , I have decided to go 25 pct SCHD and 25 pct VEIPX and not reinvest the dividends. The other 50 pct will go in the total stock market. I will put the dividend funds in my Roth and IRA.Total market in my taxabl...
by hoops777
Mon May 18, 2020 10:46 am
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

One question and I do not want to start the usual back and forth about this. Please clearly explain this one thing that bothers me to no end. You have 100,000 to invest. I have 100,000 to invest. You invest it in the total mkt and take out 300 dollars per month selling shares. I invest it in a qual...
by hoops777
Mon May 18, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

hoops- Why not just buy the SCHD fund which you have been eyeing for months? In April you wrote: "I HEREBY DECREE BY THE POWER INVESTED IN ME BY MY OWN DELUSIONS TO MAKE THIS THE LAST DIVIDEND THREAD EVER RECORDED ON THIS SITE. THANK YOU. I have seen both viewpoints over and over and over and over ...
by hoops777
Mon May 18, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

mega317 wrote:
Mon May 18, 2020 8:32 am
hoops777 wrote:
Sun May 17, 2020 3:48 pm
One question and I do not want to start the usual back and forth about this.
Considering we are now on tax timing and 50% stock crashes, neither having anything to do with your question , I'd say this was a fail. Nice try though!
:D I guess I should have asked the question more clearly.
by hoops777
Mon May 18, 2020 9:35 am
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

But it will not be a zero tax rate in most states or if you get an ACA tax credit. But even if you don’t use individual insurance and live in a state without income tax, you still miss the tax loss harvesting of the mutual fund withdrawals made when the market was down in the example if harvesting ...
by hoops777
Sun May 17, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Nate79 wrote:
Sun May 17, 2020 9:37 pm
Has it been a week already since the last dividend vs total return thread? It's always the same discussion

Deleted
by hoops777
Sun May 17, 2020 9:38 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

All things equal, total return/selling your own shares wins (dividends lose you more money because they are taxed more). Would the answer be different if the dividend stocks were in a Roth account. No taxes on the dividends. Yes. When taxes are not a factor (retirement accounts), the two situations...
by hoops777
Sun May 17, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Since you used the term "quality", most "quality" dividend funds are actually dividend growth funds, and don't yield 3.6%. SCHD,VEIPX have both been there recently,or very close. SCHD definitely even higher. I don't know about the others but VEIPX is not considered to have a "quality" weighting. Va...
by hoops777
Sun May 17, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

I changed the question to owning one stock,ATT ,a few posts back to eliminate the confusion of owning different things.I really am interested in the answer if someone has one. Thanks Your ATT hypothetical is nonsense. One investor gets 7% in dividends. The other gets the same 7% in dividends and se...
by hoops777
Sun May 17, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

I changed the question to owning one stock,ATT ,a few posts back to eliminate the confusion of owning different things.I really am interested in the answer if someone has one. Thanks
by hoops777
Sun May 17, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

I just want to here the reasoning for my peace of mind. This is rather hard to demonstrate in a way that will satisfy anyone who doesn't already agree. But over a long period of time, if two funds have different dividends but equal total return, then the one who isn't selling shares has more shares...
by hoops777
Sun May 17, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

One question and I do not want to start the usual back and forth about this. Please clearly explain this one thing that bothers me to no end. You have 100,000 to invest. I have 100,000 to invest. You invest it in the total mkt and take out 300 dollars per month selling shares. I invest it in a qual...
by hoops777
Sun May 17, 2020 5:52 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Ok. My main question is does the fact that you sold shares every month for 5 years and I did not matter at all? I'm wondering what the person who is selling shares every month is doing with the dividends received? Reinvesting? Spending.Income. Ok. So then that person is ALSO taking dividends and se...
by hoops777
Sun May 17, 2020 5:51 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

I just want to here the reasoning for my peace of mind. This is rather hard to demonstrate in a way that will satisfy anyone who doesn't already agree. But over a long period of time, if two funds have different dividends but equal total return, then the one who isn't selling shares has more shares...
by hoops777
Sun May 17, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

JediMisty wrote:
Sun May 17, 2020 4:58 pm
hoops777 wrote:
Sun May 17, 2020 4:43 pm
Ok.
My main question is does the fact that you sold shares every month for 5 years and I did not matter at all?
I'm wondering what the person who is selling shares every month is doing with the dividends received? Reinvesting?
Spending.Income.
by hoops777
Sun May 17, 2020 4:56 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Many years ago I was exposed to a lot of dividend investing rhetoric and one of the big points was you never have to sell shares when the market is down.
I think this has been debunked here in terms of having any effect on your total investment, I just want to here the reasoning for my peace of mind.
by hoops777
Sun May 17, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

One question and I do not want to start the usual back and forth about this. Please clearly explain this one thing that bothers me to no end. You have 100,000 to invest. I have 100,000 to invest. You invest it in the total mkt and take out 300 dollars per month selling shares. I invest it in a qual...
by hoops777
Sun May 17, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Ok.
My main question is does the fact that you sold shares every month for 5 years and I did not matter at all?
by hoops777
Sun May 17, 2020 3:48 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Dividend vs Total Return question

One question and I do not want to start the usual back and forth about this. Please clearly explain this one thing that bothers me to no end. You have 100,000 to invest. I have 100,000 to invest. You invest it in the total mkt and take out 300 dollars per month selling shares. I invest it in a quali...
by hoops777
Sat May 16, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

Very true. We all make our own choices and everyone has their own needs,desires and risk tolerance. To each their own.
by hoops777
Sat May 16, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

If someone has been successful enough and smart enough to think about retiring very early, they should know the figure they need to be certain they do not have to find a job when they are 63 or whatever. If you are leaving that open as a possibility you are creating stress whether you know it or not.
by hoops777
Fri May 15, 2020 9:16 pm
Forum: Personal Investments
Topic: Size of Roth conversion
Replies: 15
Views: 1211

Re: Size of Roth conversion

Great suggestions and info. Thank you.
I was considering going about 50 K into the 22 pct bracket but it is a tough call for me. I think I may do it if the market retraces back close to the lows in March.
by hoops777
Thu May 14, 2020 9:08 pm
Forum: Personal Investments
Topic: Size of Roth conversion
Replies: 15
Views: 1211

Re: Size of Roth conversion

Thank you.
by hoops777
Thu May 14, 2020 6:18 pm
Forum: Personal Investments
Topic: Size of Roth conversion
Replies: 15
Views: 1211

Re: Size of Roth conversion

At first glance, yes, you should be doing Roth conversions. But of course there are more questions to answer before a recommendation could be made. Your total income is currently $30k? After the standard deduction for a joint filing, you’re in the 10% bracket, not twelve You can convert ~$70k per y...
by hoops777
Thu May 14, 2020 6:12 pm
Forum: Personal Investments
Topic: Size of Roth conversion
Replies: 15
Views: 1211

Re: Size of Roth conversion

rkhusky wrote:
Thu May 14, 2020 5:26 pm
How much do you need to live on? That is, how much more beyond RMD’s will you need to withdraw? And will that be from taxable or Traditional IRA/401k?
When we start taking RMDs all of our spending will be covered by those and SS.
Any additional would come from taxable.
by hoops777
Thu May 14, 2020 5:13 pm
Forum: Personal Investments
Topic: Size of Roth conversion
Replies: 15
Views: 1211

Size of Roth conversion

Looking for advice on our Roth conversion amount. I am 68 and wife is 70,both retired. We are in the 12 pct tax bracket. Our combined SS now is almost 30K and I am on spousal benefits. When I turn 70 our combined SS will be 60K. When I turn 72 our combined RMDs will be about 32,000. Should I go into...
by hoops777
Thu May 14, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

"But all of those people aren't employed. We have totally new jobs that simply didn't exist before. Heck, many of today's jobs didn't exist just 20 years ago." I agree - the problem is that many people will not adapt to new jobs/skills/careers and that will leave them out of luck. Not a day goes by...
by hoops777
Thu May 14, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

"But all of those people aren't employed. We have totally new jobs that simply didn't exist before. Heck, many of today's jobs didn't exist just 20 years ago." I agree - the problem is that many people will not adapt to new jobs/skills/careers and that will leave them out of luck. Not a day goes by...
by hoops777
Wed May 13, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

I do not share the overconfidence of many about the 4 pct rule in general. 3 months ago we were all living our normal lives. Look at us now. The effects of this pandemic are going to be long term. Just think how many major companies will change permanently on issues like working from home. Jobs tha...
by hoops777
Wed May 13, 2020 9:30 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

I would certainly be conservative and err on the side of caution. The world from 2000 to 2020 is not the world from 2020 to 2040. No one in their right mind would dispute that the markets are going to perform differently in the future than the past. Even when it 'rhymes', no two periods ever look i...
by hoops777
Wed May 13, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

Another good vid from Mr. Felix https://youtu.be/3BScK-QyWIo He didn't touch on 50x annual expense concept that been discussed on here. It's not that complicated for early retirement planning. In my mind, there are 2 basic steps: 1) Pick your SWR. 4% if you can't save that much. 3% if you can save....
by hoops777
Wed May 13, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15392

Re: Ben Felix - How to Retire Early (The 4% Rule)

I do not share the overconfidence of many about the 4 pct rule in general. 3 months ago we were all living our normal lives. Look at us now. The effects of this pandemic are going to be long term. Just think how many major companies will change permanently on issues like working from home. Jobs that...
by hoops777
Sun May 10, 2020 6:56 pm
Forum: Investing - Theory, News & General
Topic: Thoughts currently on VCAIX?
Replies: 5
Views: 372

Re: Thoughts currently on VCAIX?

Who knows what is going to happen with anything now.
by hoops777
Sun May 10, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: Thoughts currently on VCAIX?
Replies: 5
Views: 372

Thoughts currently on VCAIX?

I have been thinking of getting out and this might be a good time since prices have recovered some.
Any guesses on the direction of this fund with all the state expenditures with covid?
by hoops777
Sun May 10, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Technology Fund
Replies: 82
Views: 3401

Re: Vanguard Technology Fund

The only people who would heavily invest in tech funds are those who hasn't learned anything from 1993-1999, IMHO. But in order to learn we don’t need to go thru same experience and suffer the pain, we can just learn from people who got burned out in that mania. At least that is what i am doing. I ...
by hoops777
Sun May 10, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard Technology Fund
Replies: 82
Views: 3401

Re: Vanguard Technology Fund

What about XLG the SP500 largest 50 stocks?
by hoops777
Thu May 07, 2020 3:47 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 222
Views: 12979

Re: Is Disney the most tempting value stock?

Jack Bogle has said that investors should not own individual stocks as the risk is too high. Instead of searching for the needle in the haystack by the haystack. Total Stock Index Fund does just that. https://youtu.be/6fqT1VJScuc 5% fun money is fine...and that’s all we’ve been talking about. Folks...
by hoops777
Thu May 07, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 222
Views: 12979

Re: Is Disney the most tempting value stock?

Hello all, I bought some Disney for my funny money account in early April while it was under $100 per share. I told myself I would consider buying more of it if it crossed under $100 again, and it looks like that might happen this week. I am obviously tempted, and I wanted to reach out to you all, ...
by hoops777
Thu May 07, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 222
Views: 12979

Re: Is Disney the most tempting value stock?

My point is that you learn from the best not that you try to become them. I can study teaching videos from a great athlete to improve my skills. I am not trying to become him. But as usual you twist everything to your belief. My point is many,actually the majority of the greatest investors in the w...
by hoops777
Wed May 06, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 222
Views: 12979

Re: Is Disney the most tempting value stock?

Aside from theme parks and made-in-China merchandise that they own the trademarks to (Mickey Mouse, Star Wars etc.), what value does Disney offer? Anyone can bittorrent their movies for free nowadays once someone rips a dvd or blu-ray disk and uploads it online. Better to buy stocks in a company ma...