Search found 10645 matches
- Mon Mar 18, 2024 6:01 pm
- Forum: Personal Finance (Not Investing)
- Topic: Buying a Home: Am I Required to retain Escrow Services?
- Replies: 14
- Views: 808
Re: Buying a Home: Am I Required to retain Escrow Services?
A couple of houses back I asked if I could skip having an escrow account and was told "Sure, no problem" only to be surprised at the closing with a hefty "no escrow" fee! It was simplest to pay it to get through the closing in a timely fashion. If I remember correctly, that fee was rolled into the amount of the mortgage. Even so, it was cheaper than making the monthly escrow payments.
- Sat Mar 16, 2024 11:37 am
- Forum: Personal Consumer Issues
- Topic: Mobile finance apps - do you use them?
- Replies: 52
- Views: 3988
Re: Mobile finance apps - do you use them?
All my accounts have ID and password but I never use those on the phone. I only use my fingerprint, so there is no data to capture, at least not easily. I don't consider myself to warrant extraordinary effort.lthenderson wrote: ↑Mon Nov 11, 2019 2:41 pm ... data loggers to get the information you use to log into your accounts.
- Sat Mar 16, 2024 11:21 am
- Forum: Personal Consumer Issues
- Topic: "22 of the funniest novels since Catch-22" (acc. to the NYT)
- Replies: 29
- Views: 2901
Re: "22 of the funniest novels since Catch-22" (acc. to the NYT)
Never heard of any of them.
I have found that much comedy has a short shelf life -- not re-readable. I suppose if you must list 20, there will be more brass than gold. Here are a few I like and have read more than once:
I have found that much comedy has a short shelf life -- not re-readable. I suppose if you must list 20, there will be more brass than gold. Here are a few I like and have read more than once:
- Anything by P. G. Woodhouse. I've mostly read the "Jeeves" books. But also found The Clicking of Cuthbert pretty good. ("Clicking" is golf and I don't even like golf but the writing is hilarious.)
- Three Men on a Boat by Jerome K. Jerome.
- A Confederacy of Dunces by John Kennedy Toole. There is more than humor in this one.
- Various Damon Runyon stories. He is unique.
- Sat Mar 16, 2024 4:12 am
- Forum: Personal Consumer Issues
- Topic: Are white, red, blue and other bright colors safer [for cars] than other colors???
- Replies: 45
- Views: 3873
- Thu Mar 14, 2024 4:57 pm
- Forum: Personal Investments
- Topic: Retiring at 77 - Annuity vs. investment income
- Replies: 17
- Views: 2629
Re: Retiring at 77 - Annuity vs. investment income
That's why you have other investments which can be used to "top up" the annuity payments on an as-needed basis.ScubaHogg wrote: ↑Thu Mar 14, 2024 2:39 amA non-inflation adjusted SPIA doesn’t protect against longevity risk.Arlington2019 wrote: ↑Wed Mar 13, 2024 12:03 pm I think a SPIA would… protect against longevity risk.
Once you have an annuity, any shortfall will be small potatoes compared to the annuity's current payout so it is entirely reasonable (after a few years) to have enough in investments to make up this relatively small shortfall -- especially because the annuity payments mean one did not need to dig into the investments, which are free to grow/compound.
- Mon Mar 11, 2024 2:48 pm
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
The portfolio they created for me is not complex. It is pretty close to my original portfolio:
Minor change 1: Instead of changing my S&P500 to Total Stock, a completion fund was added. This is he sane way to do it.
Minor change 2: Added a "spending" money market fund. It has a purpose in giving me a way to add or subtract dollars from their management.
Minor change 3: Added international bonds. It's not something I would do on my own, but I see their point of view.
- Mon Mar 11, 2024 1:49 pm
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
Recently, as I’ve tried to write a set of instructions for my wife to follow in the event of my demise, I’m finding that the what (names of financial institutions, account numbers, phone numbers, etc.) is pretty simple. But the how and why (Roth conversions, rebalancing, QCDs, sequencing of key financial events, etc.) is a lot more complicated and results in increasingly complex explanations that she may have trouble following. I did write a set of instructions with the things you mention. Beside the how and why , I included the how not and why not . Overall, it covered a lot of ground and I realized all the points I made would not survive so I added a section near the front recommending she sign up with PAS. Shortly I came to the same con...
- Mon Mar 11, 2024 12:17 pm
- Forum: Personal Consumer Issues
- Topic: Need better sound for music enjoyment
- Replies: 20
- Views: 2894
Re: Need better sound for music enjoyment
See if you have a store near you that specializes in audio. You will probably want bookshelf speakers and a subwoofer.
- Mon Mar 11, 2024 11:42 am
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
Here is what the advisor will do to my portfolio: Change my AA from 67/33 to 70/30. My income (SS, pension, annuity) to expense ratio is about 1, even ignoring investment income, so that risk level is appropriate. Add a completion index fund to pick up small- and mid-cap because the bulk of my equity allocation is in S&P500. Add international bonds, because that's the Vanguard way. Add a money market fund in addition to the settlement fund for our use in drawing cash from the portfolio. I forget why this is better than the settlement fund . Money in here does NOT count towards the 30 basis point commission. More on that extra fund: It is called the "spending fund." PAS says ... Your spending fund is used to contribute to and ...
- Sun Mar 10, 2024 6:23 pm
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
My advisor-to-be did not offer or even mention these PAS-only funds. Maybe I got a good one!boomer543 wrote: ↑Sun Mar 10, 2024 6:13 pm OP here: one commenter remarked that Vanguard may be “timing the market” with its extensive research on markets and then making occasional broad adjustments to clients’ PAS portfolios. That is not market timing. On the other hand, Vanguard offers 5 actively managed funds only for PAS clients as part of its services. We have a small position of about 2% of our overall portfolio in Vanguard Capital Opportunity Fund.
- Sun Mar 10, 2024 12:46 pm
- Forum: Personal Investments
- Topic: IRA allocation with RMDs not needed for living expenses
- Replies: 8
- Views: 855
Re: IRA allocation with RMDs not needed for living expenses
These topics covers asset allocation with limited resources. https://www.bogleheads.org/forum/viewtopic.php?t=361429 and https://www.bogleheads.org/forum/viewtopic.php?t=406769 What about the opposite situation where withdrawal rates is not an issue? For BHs of RMD age, how do you allocate assets in an tIRA when the RMDs are not needed for living expenses, nursing care and just "wild" money? This assumes that only the RMD is withdrawn each year. With a relatively long time frame (10 years) it seems 100% VOO (SP500) is an option to maximize the final value for heirs or charity. One can convert tIRA to a Roth but for a large IRA balance, Roth conversion takes time unless you want to move way up in the tax/IRMAA bracket. The questio...
- Sun Mar 10, 2024 12:17 pm
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
I believe you are right about that! I removed my misguided comment from my post.PersonalFinanceJam wrote: ↑Sun Mar 10, 2024 11:58 amI suspect it has more to do with Vanguard officially creating tiers within the personal advisor service and selectively changing the marketing. You now have to have a minimum of 500k under advisement to get a dedicated advisor. Under that you get a team member and not guaranteed to get the same person for your consultations. Per the Vanguard website the higher tier is now officially known as personal advisor select.
- Sun Mar 10, 2024 11:45 am
- Forum: Personal Investments
- Topic: Sharing why we went with Vanguard PAS
- Replies: 69
- Views: 6696
Re: Sharing why we went with Vanguard PAS
I just yesterday clicked the "Accept" link on my PAS signup so I am a novice at this, but I can tell you why I signed up: I was worried what would happen if/when I die before my wife. I wrote a multi-page document to educate her on ... basic Boglehead principles, the mechanics of things, a list of all our income, expenses, holdings, and and all our important contacts (attorney, banks, insurance, Vanguard, etc.) She read and claimed to have understood it, but a few weeks ago came to me with received wisdom on some investing idea she heard about on a radio talk show (perhaps commodities?) and that scared me. So now I am a PAS participant. Here is what the advisor will do to my portfolio: Change my AA from 67/33 to 70/30. My income (...
- Sun Mar 10, 2024 6:33 am
- Forum: Personal Investments
- Topic: Should one invest in gold? If so, how and how much?
- Replies: 205
- Views: 21915
Re: Should one invest in gold? If so, how and how much?
That was when gold was a de facto store of value. It was not a way to generate wealth, but a way to store wealth. Business (producing a return) was how one created wealth. Land was also a store of value but was not spendable nor portable. If you wanted to move its value around you needed to first sell it (i.e. convert it to gold).
- Sun Mar 10, 2024 6:16 am
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066837
Re: What Movie Have You Recently Watched?
The music itself is famous.
Also, it has Robert Shaw. He is a master at playing the heavy. See him in From Russia with Love (my favorite Bond movie) and in Jaws.
- Sat Mar 09, 2024 5:32 pm
- Forum: Personal Consumer Issues
- Topic: Electrical Outlet Covers
- Replies: 48
- Views: 3698
Re: Electrical Outlet Covers
I guess I misunderstood. Reading your comment above about "cover the outlet itself" I thought that's what you wanted.SVariance1 wrote: ↑Sat Mar 09, 2024 5:28 pmYou can’t use the outlet with thesebertilak wrote: ↑Sat Mar 09, 2024 5:23 pm Try https://www.google.com/search?q=decorat ... wall+plate
Google will also get you plenty of decorative outlet covers that don't block the business part of the outlet.
- Sat Mar 09, 2024 5:23 pm
- Forum: Personal Consumer Issues
- Topic: Electrical Outlet Covers
- Replies: 48
- Views: 3698
- Sat Mar 09, 2024 4:55 pm
- Forum: Personal Investments
- Topic: Should one invest in gold? If so, how and how much?
- Replies: 205
- Views: 21915
Re: Should one invest in gold? If so, how and how much?
I would say it is impossible, by definition, to invest in anything that does not produce a return. It's like going to a casino's roulette wheel and "investing" in black. You can't invest (even if that terminology is used by some) but you can gamble on black, or other on spins.
- Fri Mar 08, 2024 1:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: What would you have done differently if you could go back and restart your financial journey?
- Replies: 68
- Views: 5599
Re: What would you have done differently if you could go back and restart your financial journey?
Start earlier. I was oblivious.
"Bogle" from the beginning. I even dabbled in options!
"Bogle" from the beginning. I even dabbled in options!
- Fri Mar 08, 2024 1:06 pm
- Forum: Personal Investments
- Topic: 16 yr old - how can I best take on high risk?
- Replies: 65
- Views: 5236
Re: 16 yr old - how can I best take on high risk?
I like that one!retired@50 wrote: ↑Fri Mar 08, 2024 1:00 pm I'm reminded of user HomerJ's signature line."The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Note that you are using shovels in any case (like 60/40) and all those little scalpel cuts (SCV) are swamped by the shovelfuls.
- Fri Mar 08, 2024 12:56 pm
- Forum: Personal Finance (Not Investing)
- Topic: Retiree Portfolio Model
- Replies: 1807
- Views: 544110
Re: Retiree Portfolio Model
I am in the process of loading my data in the model, things are going smoothly but I have a question on how to record one of my accounts: I have a non- qualified Fidelity Personal Retirement Annuity that has not been annuitized yet and can’t decided where it makes the most sense to record it in the model. This account has about 60% of its value in its cost basis, it throws off no taxable income, and is invested 100% in a S&P index fund. Thanks for any advice you would give. Cheers! I too have an annuity, a Deferred Income Annuity (DIA), that is not yet making any payments. I do not consider it part of my investment portfolio. It does come into play when considering how much income my investment portfolio needs to produce (it lowers thi...
- Fri Mar 08, 2024 12:24 pm
- Forum: Personal Finance (Not Investing)
- Topic: Your Original Medicare OR Advantage Experience: Nightmare or Sublime?
- Replies: 156
- Views: 9924
Re: Your Original Medicare Experience: Nightmare or Sublime?
Good experience for me.
I have supplemental Plan F. I think Plan G is the close equivalent for new sign-ups.
The advantage plans are best for those who can't afford the supplemental plans. They can be cheaper at the cost of flexibility (lack thereof).
I have supplemental Plan F. I think Plan G is the close equivalent for new sign-ups.
The advantage plans are best for those who can't afford the supplemental plans. They can be cheaper at the cost of flexibility (lack thereof).
- Fri Mar 08, 2024 12:05 pm
- Forum: Personal Investments
- Topic: 16 yr old - how can I best take on high risk?
- Replies: 65
- Views: 5236
Re: 16 yr old - how can I best take on high risk?
Highly recommend reading https://www.etf.com/docs/IfYouCan.pdf After that, tune out the noise, follow its timeless advice. I quote this to be sure you don't hear about it only once. Yes, follow that advice. About extra risk: You don't want just any risk, but only compensated risk. This means no gambling (individual stocks) nor leverage. Total Stock Market gets you compensated risk, lots of it. Adding international is like icing on the cake but, just like icing, it can be overdone. Someday you will want to tone down the risk. A bond fund will do that. That may be 10 years from now. Yes, you do have many years of investing to accumulate compound returns but those many years also leave you open to some big negative events. It is not unknown f...
- Fri Mar 08, 2024 11:28 am
- Forum: Personal Consumer Issues
- Topic: Are white, red, blue and other bright colors safer [for cars] than other colors???
- Replies: 45
- Views: 3873
Re: Are white, red, blue and other bright colors safer [for cars] than other colors???
I would not rely on car color, but on prominent daytime lighting.
There are some people who will drive on, unlighted, into the dusk or snow or rain. In such weather I not only look carefully, but give myself a few moments to detect any obscured motion.
There are some people who will drive on, unlighted, into the dusk or snow or rain. In such weather I not only look carefully, but give myself a few moments to detect any obscured motion.
- Fri Mar 08, 2024 11:25 am
- Forum: Personal Consumer Issues
- Topic: Best < $100 purchase?
- Replies: 299
- Views: 55809
Re: Best < $100 purchase?
I instead moved to a one-level house!
That was 17 years ago, back when I could take the stairs two steps at a time. I decided I didn't want to even though I could and, thinking ahead, I planned on being in the new house for many years. I'm glad I did (think ahead) otherwise I'd be moving again.
- Wed Mar 06, 2024 12:31 pm
- Forum: Personal Investments
- Topic: Are factors dead?
- Replies: 84
- Views: 10773
Re: Are factors dead?
I never say I am tilted towards anything. I do have an asset allocation that is heavier in stocks than bonds. What is the purpose of tilting? Is it the same as having an AA? If so, then almost everyone tilts, rendering the term less than useful.GammaPoint wrote: ↑Wed Mar 06, 2024 12:26 pmDo you hold market weight between stocks and bonds and then say you're tilted towards market beta in the same way?
- Wed Mar 06, 2024 10:38 am
- Forum: Personal Investments
- Topic: Are factors dead?
- Replies: 84
- Views: 10773
Re: Are factors dead?
... I have considered buying AVGE for my Roth but after hearing how some people seem to think factors are useless now, I have looked into going into VT. I strictly only use one-fund solutions and was torn between these 2. Thoughts? My vote is for VT. If the Value factor is not completely dead, then VT will own every Value stock. On the other hand, if the Growth factor remains ascendant over the next few decades, then VT will own all those Growth stocks, too. Win - Win! Hold them all is my Win - Win - Win - etc. strategy. If you hold all the stocks then you hold all the factors. I was told that is not true because it is only a factor if there is a tilt. Well it is just a matter of bookkeeping to say half of one's portfolio tilts one way and...
- Tue Mar 05, 2024 8:34 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Announces CEO Retirement and Appointment of President
- Replies: 371
- Views: 34763
Re: Vanguard Announces CEO Retirement and Appointment of President
My hope, and even belief, is that there is enough of Bogle still ingrained into Vanguard to make that ship righting work.
I love the ship logo and, as mentioned by others, it would be great to see it come back. It would be a visible signal that Vanguard is back on track. Perhaps a petition.
- Tue Mar 05, 2024 5:58 am
- Forum: Personal Investments
- Topic: Good or bad time to invest in S&P 500 for Roth IRA?
- Replies: 30
- Views: 3807
Re: Good or bad time to invest in S&P 500 for Roth IRA?
Yes. Better than "buy low, sell high" is "buy and hold."newinvestor345 wrote: ↑Tue Mar 05, 2024 2:53 am I guess, I was thinking of the old "buy low, sell high" stock strategy, but from the answers here, I guess I should just go ahead and add to the funds now.
"Buy and hold" is something you can actually implement. "Buy low, sell high" assumes you can predict market movements. If you could do that, you wouldn't need anyone's advice.
- Mon Mar 04, 2024 5:15 pm
- Forum: Personal Consumer Issues
- Topic: A person shouldn't go through life without...
- Replies: 6
- Views: 1264
Re: A person shouldn't go through life without...
A spouse
A child (or 2 or more)
A pet
A child (or 2 or more)
A pet
- Mon Mar 04, 2024 1:38 pm
- Forum: Personal Consumer Issues
- Topic: Cloud based backup options for sensitive files
- Replies: 92
- Views: 7401
Re: Cloud based backup options for sensitive files
What ae your reasons for using OneDrive Vault? Perhaps those reasons would apply to me. The bitlocker encryption on Personal Vault indeed seems like no big deal if your Windows system already encrypts files automatically. However, the Personal Vault has an explicit unlocking process that requires Microsoft acct two-step verification. So nobody can walk up to your logged-in Windows system and get into the Vault unless they go through the two-step verification process first. And the Vault can be set to lock automatically from 20 min to about 4 hours (user selected). Microsoft also notes that Personal Vault files are not cached in the browser (if you optionally access the Vault this way) and the files can't be shared accidentally or otherwise...
- Mon Mar 04, 2024 1:13 pm
- Forum: Personal Consumer Issues
- Topic: Cloud based backup options for sensitive files
- Replies: 92
- Views: 7401
Re: Cloud based backup options for sensitive files
Are there any viable cloud based storage options that would be safe for backups of sensitive documents? I use Microsoft's OneDrive Vault to store sensitive documents online. Actually, I store the originals in the Vault (e.g., tax stuff) and back up the entire Vault folder to an offline SSD regularly (at least monthly) and soon after I make significant changes. At any time, I have at least a year's worth of Vault backups on the SSD. I use OneDrive. I do not use their vault, but only because I am too lazy to look into it. A quick look at Microsoft's description, looks like arm waving. OneDrive is already encrypted but they list this as a feature of the vault. I also use Crashplan to Backup to their cloud, and Backup to an SSD attached to my ...
- Mon Mar 04, 2024 12:45 pm
- Forum: Personal Investments
- Topic: 401k rollover deposit to IRA being refused since it bring me over $7,000 yearly limit.
- Replies: 16
- Views: 1951
Re: 401k rollover deposit to IRA being refused since it bring me over $7,000 yearly limit.
Call Vanguard and ask for help.
- Mon Mar 04, 2024 6:37 am
- Forum: Personal Investments
- Topic: Good or bad time to invest in S&P 500 for Roth IRA?
- Replies: 30
- Views: 3807
Re: Good or bad time to invest in S&P 500 for Roth IRA?
Once you make this realization, things get much easier!
- Sun Mar 03, 2024 2:13 pm
- Forum: Personal Investments
- Topic: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
- Replies: 17
- Views: 1793
Re: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
I see. Perhaps you need to look into how institutions invest for very long-term goals.hcs77135 wrote: ↑Sun Mar 03, 2024 12:03 pmThank you. Unfortunately annuitizing doesn’t meet our particular goal (if you read the full post you will understand - we aren’t just looking at our lifetimes) unless I am missing something. All best
Googling for "institutional investing for very long-term goals" turned up some interesting links.
- Sun Mar 03, 2024 11:46 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Announces CEO Retirement and Appointment of President
- Replies: 371
- Views: 34763
Re: Vanguard Announces CEO Retirement and Appointment of President
And still hangs for me!nisiprius wrote: ↑Sun Mar 03, 2024 11:39 amThank you, works for me with Microsoft Edge under Mac OS 14.1.Broken Man 1999 wrote: ↑Sun Mar 03, 2024 11:36 amI tried the link right after posting above, no delay, connected as usual. Windows 11 with Microsoft Edge.bertilak wrote: ↑Sun Mar 03, 2024 11:30 amSame for me. I use MS Edge, which is essentially the same as Chrome. It does time out and say it can't connect:nisiprius wrote: ↑Sun Mar 03, 2024 11:25 amFor some reason, none of these archive.today article ever open for me. Safari's loading progress bar stalls on a blank screen and never progresses. With Firefox and Chrome, too. I'd be mildly interested in knowing why.Cocoa Beach Bum wrote: ↑Sun Mar 03, 2024 10:41 am I think you can read an archived version of the entire Bloomberg article here.
- Hmmm… can't reach this page
archive.today took too long to respond
Broken Man 1999
- Sun Mar 03, 2024 11:42 am
- Forum: Investing - Theory, News & General
- Topic: Why is 60/40 the benchmark?
- Replies: 25
- Views: 3365
Re: Why is 60/40 the benchmark?
50/50 has been suggested by many including Benjamin Graham as the "agnostic" view in investing while moving to 60/40 is a tilt toward a higher expectation from stocks. 60/40 may not be the optimal portfolio but it is far from being the worst. It seems more like a seat of the pants rule but then all of the published discussions around it gives many comparisons for an investor to mimic and may increase their confidence. I was at 50/50 for quite some time then it occurred to me that my pension and Socisl Security meant I wasn't 100% reliant on my investments so I could afford to be a bit more aggressive. For lack of a better idea I went to 60/40, which drifted to 65/35. Next I decided to buy an annuity to cover future inflation. Fun...
- Sun Mar 03, 2024 11:30 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Announces CEO Retirement and Appointment of President
- Replies: 371
- Views: 34763
Re: Vanguard Announces CEO Retirement and Appointment of President
Same for me. I use MS Edge, which is essentially the same as Chrome. It does time out and say it can't connect:nisiprius wrote: ↑Sun Mar 03, 2024 11:25 amFor some reason, none of these archive.today article ever open for me. Safari's loading progress bar stalls on a blank screen and never progresses. With Firefox and Chrome, too. I'd be mildly interested in knowing why.Cocoa Beach Bum wrote: ↑Sun Mar 03, 2024 10:41 am I think you can read an archived version of the entire Bloomberg article here.
- Hmmm… can't reach this page
archive.today took too long to respond
- Sun Mar 03, 2024 11:24 am
- Forum: Personal Investments
- Topic: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
- Replies: 17
- Views: 1793
Re: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
Thus my point about annuitizing. It can get you to the point where 2% is a reasonable target. If social security is enough annuitizing, then all the better.
- Sun Mar 03, 2024 11:04 am
- Forum: Personal Investments
- Topic: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
- Replies: 17
- Views: 1793
Re: Retirement Withdrawal Strategy for Preserving Principal and Growing It for Inflation
The "secret" is, save until you have more than enough. Then the intricacies of various investment strategies (above and beyond simple low-cost indexing) don't matter much.hcs77135 wrote: ↑Sun Mar 03, 2024 10:43 am My question - if you would rather not read this lengthy post -- is whether there is a theory or strategy of retirement withdrawal that not only preserves principal but grows it for inflation during one's lifetime, or how one would go about setting that up without spending endless amounts of time (or professional fees) on it.
Oh yeah, another secret: Try to annuitize as much as possible to meet basic expenses. Social Security gives you a leg up on this.
- Sun Mar 03, 2024 9:53 am
- Forum: Personal Investments
- Topic: Selling underperforming funds for tax loss harvesting
- Replies: 27
- Views: 1588
Re: Selling underperforming funds for tax loss harvesting
You expressed your opinion and I expressed mine. Both opinions are now out there for anyone to assess for themselves.LeslieSmiley wrote: ↑Sun Mar 03, 2024 9:47 am I think it's condescending and presumptuous of you to patronize OP and other people that they are too ignorant and stupid to assess information, think for themselves and make their own informed decisions.
- Sun Mar 03, 2024 9:42 am
- Forum: Personal Investments
- Topic: Selling underperforming funds for tax loss harvesting
- Replies: 27
- Views: 1588
Re: Selling underperforming funds for tax loss harvesting
If you want to keep things simple and get out of non index funds with high expenses ratio, then selling them is an option. As long as you are prepared to cope with the prospect of these funds bouncing back and going up after you sell them. There is no guarantee that they will stay down. If they do bounce back, whatever they were replaced with (presumably a market index fund) will also go up so there will be no regret to cope with. Not if the funds turn out to be something like the 10 funds that beat the index by over 20% in 2023. https://fundselectorasia.com/10-funds-that-beat-the-sp-500-by-over-20-in-2023/ More than 20% could certainly trigger some form of regret in my opinion. Sure, you could gamble on that, but this is an investing ques...
- Sun Mar 03, 2024 8:56 am
- Forum: Personal Investments
- Topic: Selling underperforming funds for tax loss harvesting
- Replies: 27
- Views: 1588
Re: Selling underperforming funds for tax loss harvesting
If you want to keep things simple and get out of non index funds with high expenses ratio, then selling them is an option. As long as you are prepared to cope with the prospect of these funds bouncing back and going up after you sell them. There is no guarantee that they will stay down. If they do bounce back, whatever they were replaced with (presumably a market index fund) will also go up so there will be no regret to cope with. Not if the funds turn out to be something like the 10 funds that beat the index by over 20% in 2023. https://fundselectorasia.com/10-funds-that-beat-the-sp-500-by-over-20-in-2023/ More than 20% could certainly trigger some form of regret in my opinion. Sure, you could gamble on that, but this is an investing ques...
- Sun Mar 03, 2024 8:41 am
- Forum: Personal Investments
- Topic: Selling underperforming funds for tax loss harvesting
- Replies: 27
- Views: 1588
Re: Selling underperforming funds for tax loss harvesting
If they do bounce back, whatever they were replaced with (presumably a market index fund) will also go up so there will be no regret to cope with.LeslieSmiley wrote: ↑Sun Mar 03, 2024 5:43 am If you want to keep things simple and get out of non index funds with high expenses ratio, then selling them is an option.
As long as you are prepared to cope with the prospect of these funds bouncing back and going up after you sell them.
There is no guarantee that they will stay down.
- Sat Mar 02, 2024 5:58 pm
- Forum: Personal Investments
- Topic: Relevance of the Three Fund Portfolio
- Replies: 30
- Views: 3520
Re: Relevance of the Three Fund Portfolio
There are places in the Internet where you can input your list of funds or ETFs and get a report of the actual holdings. You can see how much overlap there is, the total amount of each holding, and probably other statistics. I think Morningstar used to have this but I haven't looked in a long time. If I was holding those 86 ETFs I would be curious enough to take a look!TheRoundHeadedKid wrote: ↑Mon Feb 19, 2024 5:42 pm I am not a fan of the Three Fund Portfolio. It isn't diversified enough. Plus, you have to arbitrary/guess decide how to allocate the three funds. I don't have such issues with my strategy of all 86 Vanguard ETFs equally invested.
- Fri Mar 01, 2024 6:51 pm
- Forum: Forum Issues and Administration
- Topic: Please Try Out Test Posts Here
- Replies: 445
- Views: 375784
- Fri Mar 01, 2024 10:04 am
- Forum: Personal Consumer Issues
- Topic: Best Faucets for Bathroom Sinks?
- Replies: 19
- Views: 1779
Re: Best Faucets for Bathroom Sinks?
Moen's seem to be popular with the trades. It seems like they have a no questions asked policy when it comes to parts replacements. Agree. I've made use of that policy a couple times on 40 year old fixtures. They sent new cartridges without any questions. As does Pfister, what I have. In my experience, fifteen years seems to be their lifespan. The replacement parts are free from Pfister but a plumber is probably required to do the replacement. In my case there was always something that needed special care or special tools. My latest replacement (bathroom faucets) the finish (brushed nickel) didn't quite match the original. Perhaps the original had some "patina!" At least they had matching styles. As to the question of how to iden...
- Thu Feb 29, 2024 10:32 am
- Forum: Personal Investments
- Topic: "Extra" Vanguard Money Market Account?
- Replies: 4
- Views: 1038
Re: "Extra" Vanguard Money Market Account?
Options that I see: 1) Another MM at Vanguard. I talked to a PAS adviser the other day. He proposed just that to me. This was part of an initial discussion prior to him making a formal proposal for my signing up with PAS. That arrangement looks to me, as an ex-treasurer for an HOA, like what we call a reserve fund, as opposed to an operating fund. The operating fund (typically a checking account) is for the normal income and expenses of running an HOA. The reserve fund (typically a savings account) is for two things: expensive emergencies (replace a broken pool pump) and planned future expenses (clubhouse addition). I think that can be equated to an investment portfolio having two different money market funds: a settlement fund for the nor...
- Wed Feb 28, 2024 5:49 pm
- Forum: Personal Investments
- Topic: Best time of year to pull IRA RMD's?
- Replies: 9
- Views: 1251
Re: Best time of year to pull IRA RMD's?
Proceeds from an RMD can be immediately reinvested in a taxable account so no real difference either way.
I prefer early in the year because that's one less loose end left lying around. When you reinvest you can put the money where it best maintains your target AA. You might as well do so with cash you've already incurred taxes on. Doing so as early as possible means less time drifting around with an off-base AA.
I prefer early in the year because that's one less loose end left lying around. When you reinvest you can put the money where it best maintains your target AA. You might as well do so with cash you've already incurred taxes on. Doing so as early as possible means less time drifting around with an off-base AA.
- Wed Feb 28, 2024 2:03 pm
- Forum: Personal Consumer Issues
- Topic: Wired mouse
- Replies: 20
- Views: 3092
Re: Wired mouse
Ditto on that "hate" even though I am not left handed.retiringwhen wrote: ↑Wed Feb 28, 2024 1:41 pm I hate, hate, hate! did I say? I hate touchpads.
I think it is because I am left handed...
Apparently, it takes a skill I have not mastered and have no desire to master.