Search found 920 matches

by Prokofiev
Tue Jan 09, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1965

Worth it for us

We had our new (1916) home inspected after our offer was accepted by the seller here in New Orleans. Best $295 we ever spent. 2 men spent 3 hours documenting with digital photos 95 problems with the property. Most were rather minor, but at least 12 or more were significant and some of those we would...
by Prokofiev
Sun Oct 08, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 7913

Re: Vanguard's long-term outlook for TIPS

At 1% real or less, TIPS are a terrible way to GET rich. But an excellent way to STAY rich. If I was a young investor today, I would not think of owning TIPS in my portfolio. I would be 90% equities. But having taken advantage of the bull market of 1981-2000 (I averaged 15% real), I can easily get b...
by Prokofiev
Sun Oct 08, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 7913

Re: Vanguard's long-term outlook for TIPS

Those "stodgy" old I Bonds with REAL rates of 3.0, 3.3, 3.4 and 3.6% are looking mighty good compared to TIPS right now. Because I backed up the truck over the years (and recommended that others do the same), they provide all the inflation protection I need, so I no longer have any reason to own TI...
by Prokofiev
Thu Feb 02, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TIPS pricing incorrect
Replies: 8
Views: 897

Re: Vanguard TIPS pricing incorrect

I know VG is a low cost player, but the value of my account and trading at correct prices is about as basic as it gets. Is Vanguard trading at incorrect prices? Being able to buy at 3-20% below the true price sounds like an opportunity. Yes, I asked them that! Instead of selling my TIPS cheap, can ...
by Prokofiev
Thu Feb 02, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TIPS pricing incorrect
Replies: 8
Views: 897

Re: Vanguard TIPS pricing incorrect

I was under the impression that Vanguard uses Tradeweb's platform for all of their online bond trading. Isn't this Tradeweb's glitch? And wouldn't some other brokers also be impacted? I'm going to bet "No" on that one. Because no bank or brokerage would ever allow incorrect pricing for days, weeks ...
by Prokofiev
Thu Feb 02, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TIPS pricing incorrect
Replies: 8
Views: 897

Vanguard TIPS pricing incorrect

A heads-up for those of you with individual TIPS bonds at VG. I just got off the phone with the VG bond desk. TIPS prices have been wrong for the past 3 days and you must do all buy/sell by calling the bond desk. It seems as if the inflation factor is being dropped again, which results in showing TI...
by Prokofiev
Thu Jan 19, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1812

Re: Building a TIPs Ladder

"Interesting, thanks for all the replies. I am concerned that I may be at a price disadvantage in the secondary market (reason why I prefer new issues), but, do you think the stronger inflation protection by building the ladder all at once using secondary market more than offsets that concern?" Yes,...
by Prokofiev
Sun Jan 15, 2017 1:27 am
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 91
Views: 9699

Re: Flafship Reps

I wont miss my Flagship rep. But I will miss the free TurboTax I have received for the past 10(?) years. The only real perk of Flagship.
by Prokofiev
Sat Oct 22, 2016 11:54 am
Forum: Personal Consumer Issues
Topic: Cheapskate for not flying business class?
Replies: 81
Views: 8132

Re: Cheapskate for not flying business class?

We have just returned from Australia on Qantas business class. In May we flew to Istanbul, Turkish Air business class. Both were well worth the investment. International business class is the new First class for most airlines and the service was incredible. Most important was the 180 degree flat sea...
by Prokofiev
Thu Sep 01, 2016 4:52 pm
Forum: Investing - Theory, News & General
Topic: RBD fans, Dan Wiener has news! [Really Bad Day]
Replies: 40
Views: 6063

Re: RBD fans, Dan Wiener has news! [Really Bad Day]

If it's so apparent, why share the new found secret wisdom with everyone in a yahoo article. If it was foolproof, the guy wouldn't need to be writing articles anymore. This seems to be the answer to every claim about how you can invest more effectively. "Obviously, if this guy could reliably get 0....
by Prokofiev
Sat Sep 12, 2015 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to show how taxable SS benefits will affect you
Replies: 112
Views: 20144

Re: Spreadsheet to show how the taxable SS benefits will affect you

"You must have read something wrong. 15% of your benefit remains non-taxable income, but 85% can become taxable as your basis continues to grow."

No. It seems I didn't understand how SS is taxed . . .

So the maximum taxable is 85%
by Prokofiev
Sat Sep 12, 2015 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to show how taxable SS benefits will affect you
Replies: 112
Views: 20144

Re: Spreadsheet to show how the taxable SS benefits will affect you

Why is there a hump that lasts for about $8,000 in the single case? The extra tax can only exist for 15% of the total SS amount.
15% of $28,200 is $4230. What am I missing?
by Prokofiev
Tue Jul 21, 2015 12:17 am
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 129
Views: 22381

Re: What to do with VGPMX (Vanguard Precious Metals and Mini

May 16, 2008: $39.75/share Jan 8, 2015: $9.45/share Jul 20, 2015: $7.32/share (6.87% drop today) How low will it go? Not sure, but that was a major drop today. Not only do I have a position in VGPMX, but I somehow mysteriously acquired Vanguard Energy ETF - down 30% this past year, along with PCRIX...
by Prokofiev
Wed May 13, 2015 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Share the life lessons that you learned in your 30's.
Replies: 27
Views: 3695

Re: Share the life lessons that you learned in your 30's.

I played Volleyball in my 30's and learned it becomes progressively harder to compete with those in their 20's.
by Prokofiev
Fri Apr 24, 2015 1:28 am
Forum: Investing - Theory, News & General
Topic: Is tax loss harvesting that powerful ?
Replies: 44
Views: 5342

Re: Is tax loss harvesting that powerful ?

Here was a recent and specific benefit to me: I sold some shares of VLCAX this week for a short-term gain. Yes, I bought these shares back in January. I needed money to pay my monthly credit card bill. Since these shares were only up by about 3%, it made the most sense to sell them to raise cash. S...
by Prokofiev
Fri Apr 24, 2015 12:39 am
Forum: Investing - Theory, News & General
Topic: Is tax loss harvesting that powerful ?
Replies: 44
Views: 5342

Re: Is tax loss harvesting that powerful ?

With only the ability to write off $3000 a year it doesn't seem like this is a tool that the rich and powerful investors would care too much about. As an example of a much bigger benefit, I had to sell a lot of stock to make my home down payment in 2013. I had capital gains on all of my stock, but ...
by Prokofiev
Sun Apr 19, 2015 5:25 pm
Forum: Investing - Theory, News & General
Topic: Pay taxes for parent to convert to Roth?
Replies: 4
Views: 787

Re: Pay taxes for parent to convert to Roth?

What if they could get the majority of the trad IRA out at 0%? Then the 25% tax payment + possible state taxes would look pretty stupid. This same situation occurred with my parents 6-7 years ago. After my parents became ill and needed paid nursing/nursing home, they dropped into the 0% bracket for ...
by Prokofiev
Fri Mar 20, 2015 11:38 am
Forum: Investing - Theory, News & General
Topic: Where is Larry Swedroe
Replies: 18
Views: 5252

Re: Where is Larry Swedroe

larryswedroe wrote: note Andy is a Ph.D. in psychics . . .

Extremely useful for market predictions!
by Prokofiev
Mon Dec 15, 2014 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion tax question
Replies: 23
Views: 1784

Re: Roth conversion tax question

I think the confusion concerns what age you are at the time of withdrawal. Although each Roth conversion triggers a new 5-yr rule, being over 59.5 exempts you from any penalty or tax. However, those under 59.5 cannot withdraw conversions penalty-free if they have been converted less than 5 years, ev...
by Prokofiev
Fri Dec 05, 2014 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: My Rate of Return on my 401K was 9.83%. Is that Good?
Replies: 30
Views: 3714

Re: My Rate of Return on my 401K was 9.83%. Is that Good?

VG site shows a total return of 8.27% YTD for the Target 2050 fund. Perhaps you are also counting your contributions. Or the monthly contributions were luckily timed to gain an additional 1.55%. Possible for a low-balance account. But either number is good in this low-inflation environment, especial...
by Prokofiev
Thu Dec 04, 2014 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Oil wells
Replies: 12
Views: 1489

Re: Oil wells

Ticker, This is a terrible idea. It's not impossible to make money this way, but almost. There are many different "drilling programs" offered to investors - rank wildcat, exploitation, single well deals, etc. If ANY of them had decent economics, you would not be offered that opportunity. I spent a l...
by Prokofiev
Tue Aug 26, 2014 1:11 am
Forum: Investing - Theory, News & General
Topic: Catastrophe Brewing - Longevity
Replies: 12
Views: 3070

Re: Catastrophe Brewing - Longevity

Interesting, in-depth article.

Good find. Thanks
by Prokofiev
Sun Aug 24, 2014 4:36 pm
Forum: Investing - Theory, News & General
Topic: 100% stock AA-> At what age to add bonds?
Replies: 58
Views: 5742

Re: 100% stock AA-> At what age to add bonds?

If you have no Bond allocation in your Portfolio, it makes it impossible to re-balance. I think you need at least 20% Bonds. This is incorrect. If you have 100% stocks it is easy to rebalance since it's not necessary. You will always have 100% stock no matter what. And if you receive any dividends ...
by Prokofiev
Tue May 20, 2014 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help with determining past performace of a stock portfolio
Replies: 6
Views: 529

Re: Help with determining past performace of a stock portfol

Science Guy, Why would you compare a 100% US equity portfolio to a 80/20 VG portfolio? Was 20% international? And just entering the portfolio and seeing what happened over the past 20 years is relatively easy. But are you saying the portfolio was unchanged for 20 years? If so, why pay .6%/yr for man...
by Prokofiev
Fri May 02, 2014 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing Medicare Part B costs
Replies: 1
Views: 488

Reducing Medicare Part B costs

I have a question regarding the cost of Medicare Part B. My girlfriends father is now in a retirement/nursing home at the age of 94. In 2013 his total income was under $85k, yet he still pays about $273/mo for Part B due to his fed tax return of 2011 which was about $170k. His 2012 income (AGI) was ...
by Prokofiev
Wed Apr 23, 2014 2:58 pm
Forum: Personal Consumer Issues
Topic: Where would you retire, if $ were no object?
Replies: 89
Views: 21752

Re: Where would you retire, if $ were no object?

USA: New York City

Non-US: Barcelona, Spain
by Prokofiev
Tue Feb 11, 2014 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: dividend check
Replies: 8
Views: 1628

Re: dividend check

The OP didn't say it was Vanguard, but I did the same thing with VG bond funds late last year and received 2 dividend checks. Everything appeared to be going to my Prime MM settlement fund per the website. I double-checked this after the 1st check arrived. After the 2nd, I called VG and was told it ...
by Prokofiev
Fri Feb 07, 2014 4:32 pm
Forum: Personal Consumer Issues
Topic: I'm feeling old today
Replies: 97
Views: 9424

Re: I'm feeling old today

Nah you are not old unless you can remember . . . Lawrence Welk and his Champagne music. I cannot forget Lawrence Welk because he is still on TV here in New Orleans every Saturday night. And on the local PBS station! Since when is/was Lawrence Welk an educational program? And in a majority African-...
by Prokofiev
Mon Feb 03, 2014 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Talk Some Sense into me?
Replies: 19
Views: 2431

Re: Talk Some Sense into me?

"Someone make me realize my errors." I see two obvious errors in your logic. #1 " Returned about the same as the S&P 500 last year. Have not really put in the effort to precisely see if I beat or lost. ( maybe I don't want to know)" If you can't put in the effort to calculate your ROR and benchmark ...
by Prokofiev
Thu Dec 26, 2013 11:50 am
Forum: Investing - Theory, News & General
Topic: Morningstar Instant X-Ray - "Other" Quirk?
Replies: 10
Views: 1225

Re: Morningstar Instant X-Ray - "Other" Quirk?

I just noticed that TR Price has finally fixed their Portfolio X-Ray. It now works perfectly - for the first time in several months.
by Prokofiev
Wed Dec 25, 2013 2:01 am
Forum: Investing - Theory, News & General
Topic: Another CAPE milestone breached - 26
Replies: 46
Views: 3567

Re: Another CAPE milestone breached - 26

Ged wrote:Why this particular fascination with integers? Is it some sort of cognitive or cultural bias that integers should be considered more important than other numbers?

Really there are not very many of them compared to the other numbers.
There are just as many integers as fractions.
by Prokofiev
Tue Dec 24, 2013 10:43 am
Forum: Investing - Theory, News & General
Topic: Morningstar Instant X-Ray - "Other" Quirk?
Replies: 10
Views: 1225

Re: Morningstar Instant X-Ray - "Other" Quirk?

Instant X-Ray is still down on the TR Price site where most cheap BogleHeads get it for free. So we can't look to see what changes were made.
by Prokofiev
Sat Dec 21, 2013 11:24 am
Forum: Personal Consumer Issues
Topic: Gas mileage quiz
Replies: 57
Views: 4154

Re: Gas mileage quiz

This is not a physics question.

But I would replace the truck. Or better just sell the truck and drive a car.
by Prokofiev
Mon Dec 02, 2013 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: VGPMX: anyone contrarian enough to buy it?
Replies: 79
Views: 13581

Re: VGPMX: anyone contrarian enough to buy it?

I don't see the relationship of the VG Mining/PMetals fund to the VG Energy fund that is graphed above. I hold both as possible inflation hedges along with some PCRIX. I regard the trio as "insurance". VGPMX has lost almost 65% over the past 2.5 years, which is more than "a little pink" especially c...
by Prokofiev
Sat Nov 23, 2013 8:31 pm
Forum: Personal Consumer Issues
Topic: Am I the only scifi fanatic who thinks that Gravity is lame?
Replies: 102
Views: 6959

Re: Am I the only scifi fanatic who thinks that Gravity is l

The only part of the movie I found slightly unrealistic is when George Clooney finds his way to the Russian craft after being lost in space, just to drink vodka.

But the rest was spot on.
by Prokofiev
Sun Oct 20, 2013 11:50 am
Forum: Investing - Theory, News & General
Topic: More University Endowment Data
Replies: 8
Views: 1605

Re: More University Endowment Data

Rick Ferri wrote: Elite institutions did outperform all other colleges but only because they put a higher allocation to illiquid alternative investments such as hedge funds and private equity
So it seems the take-away here is to invest in hedge funds and private equity???
by Prokofiev
Tue Oct 15, 2013 6:53 pm
Forum: Investing - Theory, News & General
Topic: The cult of PE10 - so what?
Replies: 99
Views: 9444

Re: The cult of PE10 - so what?

I have been reading quite a bit here recently. I notice a rather odd paradox, and I would like to solicit thoughts. Why then the interest in debating PE10? What is actionable as a result of this calculation, whilst also considering the prove points of Market Timing? - Jason You cannot accuse the Bo...
by Prokofiev
Thu Oct 03, 2013 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: How much do you spend annually on commissions?
Replies: 34
Views: 2761

Re: How much do you spend annually on commissions?

I receive 100 free trades from Vanguard and free bond and VG ETF trades. As of this July, I had exceeded my limit and have been paying $2/trade. I'm now about $80 out of pocket. I must be bored if I'm trading this much . . . Need to find a new hobby.
by Prokofiev
Wed Oct 02, 2013 11:09 am
Forum: Personal Finance (Not Investing)
Topic: ROTH conversions, long post...sorry
Replies: 3
Views: 560

Re: ROTH conversions, long post...sorry

Yes, you can always do a partial Roth conversion in any amount. For most people, filling up your 15% bracket is a no-brainer. 25% conversions will work for most well-heeled individuals. I would always leave some in a TIRA for tax diversification, since it acts as a 0% emergency fund. Should you need...
by Prokofiev
Tue Oct 01, 2013 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Difference between 60/40 and 40/60
Replies: 14
Views: 2126

Re: Difference between 60/40 and 40/60

Please bear in mind the the 60/40 v 40/60 and the corresponding 0.9% difference in past returns wasn't really the question. OK. But you decided to call the initial post "Difference between 60/40 and 40/60" and noted, then discussed the difference - concluding there wasn't much difference. That is w...
by Prokofiev
Tue Oct 01, 2013 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Difference between 60/40 and 40/60
Replies: 14
Views: 2126

Re: Difference between 60/40 and 40/60

If the difference between 60/40 and 40/60 is "only" 0.9%, then it probably won't matter much what kind of tilts you might have within a 60/40 AA? Why do you think .9% is "only .9%" and very small? Think of it this way . . . Over the past 35 years the CPI has averaged 3.6%. So the real RORs are 5.1%...
by Prokofiev
Mon Sep 23, 2013 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Poll: Did low-cost investing not work for you?
Replies: 25
Views: 3977

Re: Poll: Did low-cost investing not work for you?

Did not work well for me in 2002 or 2008.
by Prokofiev
Sun Sep 15, 2013 2:36 pm
Forum: Investing - Theory, News & General
Topic: [T. Rowe Price] TR Price X-Ray Tool
Replies: 17
Views: 2497

Re: [T. Rowe Price] TR Price X-Ray Tool

After giving up on modifying my existing portfolios, I reentered all the updated numbers. But now, certain funds or stocks cannot retrieve the proper price. Right now VXUS shows up in one portfolio with a price of $1 and in another with the proper price. I have deleted and added VXUS several times t...
by Prokofiev
Sat Sep 14, 2013 11:00 am
Forum: Investing - Theory, News & General
Topic: Are your RMDs sinking your retirement portfolio?
Replies: 14
Views: 1293

Re: Are your RMDs sinking your retirement portfolio?

This seems to be a silly article. Who cares if RMDs are more than your yield? Over the past 4 years my yield has been less than 2% but my ROR is well over 10%. My portfolio keeps growing since I only spend 3%. Later he writes, "Yes, there is an alternative. You can pay income taxes on the principal ...
by Prokofiev
Fri Sep 06, 2013 9:39 am
Forum: Investing - Theory, News & General
Topic: [T. Rowe Price] TR Price X-Ray Tool
Replies: 17
Views: 2497

Re: TR Price X-Ray Tool

Yes, I can get to and click the blue "Edit" button. But I then get a new dialog box that doesn't seem to allow any editing! Only an "add security" line. Can you actually Edit from this screen?
by Prokofiev
Fri Sep 06, 2013 1:11 am
Forum: Investing - Theory, News & General
Topic: [T. Rowe Price] TR Price X-Ray Tool
Replies: 17
Views: 2497

[T. Rowe Price] TR Price X-Ray Tool

I have noticed that TR Price has "updated" their Portfolio X-Ray tool with new screens, input methods and X-ray info. But I cannot figure out how to edit my portfolio. There is an Edit tool, by hovering over your holding that you want to change, but it doesn't seem to work. Anyone able to do this? P...
by Prokofiev
Mon Sep 02, 2013 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5333

Re: Conversion to Roth In Retirement @ 25%

Except that RMDs can only be reinvested in taxable. Once you realize you're up against the wall like this, the decision is easier... Wiz, I am not sure I follow this. I was thinking that I could take my RMD and invest it into my wife's IRA. Are you saying this would not be permitted ? I thought the...
by Prokofiev
Mon Sep 02, 2013 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5333

Re: Conversion to Roth In Retirement @ 25%

If you're in the 15% income tax bracket & have LTCG available, why wouldn't you take the cap gains at 0% tax till you reach the 25% income bracket - where LTCG rate becomes 15% - over withdrawing from an IRA at 15% income tax? 0% seems better than 15% to me. That is an interesting question that mad...
by Prokofiev
Sun Sep 01, 2013 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5333

Re: Conversion to Roth In Retirement @ 25%

Despite all that has been written here about getting IRA money out at 0-15%, one has to think about exactly how this could happen in your particular case. Where exactly will the deductions come from? How will future taxable income be reduced? In my example, the deductions were for nursing home, dent...
by Prokofiev
Sun Sep 01, 2013 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5333

Re: Conversion to Roth In Retirement @ 25%

I decided to keep a portion of my IRA so the RMD amounts could be used for medical tax deductions in the future. Tax = 0 :D jerry not sure I understand how this works.......could you elaborate? Thanks. Well, in my case I was going to convert my parents $250k IRA to a Roth over several years at 25% ...