Search found 54 matches

by fx24
Fri May 02, 2014 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Buffer note
Replies: 10
Views: 1283

Re: Buffer note

24.6% total return, not annualized.
by fx24
Fri May 02, 2014 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Buffer note
Replies: 10
Views: 1283

Re: Buffer note

Returned 24.6% at two-year maturity.
by fx24
Sun Jan 26, 2014 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to drop advisor from Schwab acct?
Replies: 11
Views: 1414

Re: How to drop advisor from Schwab acct?

You will likely have to open new accounts. The existing accounts have access rights and duplicate statement reporting. You will not want statements or access being continued after your advisor. The existing account may also have encoding as "managed accounts". Pretty certain you will need ...
by fx24
Sat Jan 25, 2014 1:49 am
Forum: Investing - Help with Personal Investments
Topic: How can one obtain cash when using a brokerage account?
Replies: 14
Views: 2195

How can one obtain cash when using a brokerage account?

I use a brokerage account (Fido) instead of a bank for all my finances. One drawback is that I do not know how to obtain large amounts of cash, say $5000 or more, should I need it (for example to buy a used car for example). My brokerage can issue me a bank check anytime, but where can I convert it ...
by fx24
Wed Mar 20, 2013 9:30 pm
Forum: Investing - Theory, News & General
Topic: munis look relatively cheap
Replies: 37
Views: 3387

Re: munis look relatively cheap

I post this same thing 4 days ago and got no support. Tough crowd. :?

viewtopic.php?f=1&t=113107&newpost=1645909
by fx24
Wed Mar 20, 2013 2:08 am
Forum: Investing - Help with Personal Investments
Topic: Some decent Muni's around if you look
Replies: 6
Views: 1238

Re: Some decent Muni's around if you look

Actually 3.2% is the Yield-to-Worse, and it is call protected. The cusip is 45471ADL3. I intend to hold to maturity but agree about interest rate risks. Overall, my intent was only attempting to offer help to those who desire individual muni's.
by fx24
Tue Mar 19, 2013 1:04 am
Forum: Investing - Help with Personal Investments
Topic: Some decent Muni's around if you look
Replies: 6
Views: 1238

Some decent Muni's around if you look

Muni's have been depressed YTD and seemingly out of favor. I notice apparently some people selling some decent bonds and wanted to share that it might not be a bad time to look around. For example, I picked up an Indiana hospital Rev bond due 2020, S&P A rated, yielding 3.2% tax free (orig coupo...
by fx24
Tue Mar 19, 2013 12:44 am
Forum: Personal Finance (Not Investing)
Topic: How big is your tax return ?
Replies: 39
Views: 4474

Re: How big is your tax return ?

Form 1040 – Schedule A, B, D, E and attached statements – 41 pages Form 1116 – Foreign Tax (4 x 2pgs) – 8 pages: Passive dividends, Passive dividends –AMT, 2 for General (K-1’s) Form 4797 – Sale of Biz Property – 1 page (K-1) Form 6521 – Alternative Minimum Tax – 2 pages Form 4952 – Investment Inter...
by fx24
Sun Mar 17, 2013 2:56 pm
Forum: Personal Consumer Issues
Topic: Buying a car through Costco
Replies: 34
Views: 11884

Re: Buying a car through Costco

Just bought a new vehicle via USAA. I had throughly shopped and the best deal I found was $7k below MSRP. The USAA price was just under $10k below MSRP. I was very surprised and had trouble finding a dealer who would accept the USAA price. I did buy from one dealer who agreed on $500 above the USAA ...
by fx24
Sat Jan 05, 2013 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Payoff
Replies: 13
Views: 1481

Re: Student Loan Payoff

[Link to an article and inappropriate comments removed by admin LadyGeek]
by fx24
Wed Dec 19, 2012 2:59 am
Forum: Personal Consumer Issues
Topic: Can't think of x-mas gift to give wife...
Replies: 44
Views: 4472

Re: Can't think of x-mas gift to give wife...

Order a music box with her favorite song
by fx24
Sun Dec 16, 2012 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: RANT - 2013 Florida Home Insurance Rate Increase
Replies: 40
Views: 7792

Re: RANT - 2013 Florida Home Insurance Rate Increase

TELL ME MORE - what is the rejecting the building ordiance? I've already raised my Hurricane Deductable to 10%, and last year did everything else to lower the premium. From everything I've heard, USAA is an excellent company, and not the cheapest so $5K for $1M sounds great. USAA has periods where ...
by fx24
Sun Dec 16, 2012 2:20 am
Forum: Personal Finance (Not Investing)
Topic: RANT - 2013 Florida Home Insurance Rate Increase
Replies: 40
Views: 7792

Re: RANT - 2013 Florida Home Insurance Rate Increase

This week I worked with USAA to substantially reduce my FL homeowners. I saved thousands raising the hurricane deductible and rejecting building ordiance. My rate is around $5k with 7-digit home insured value.
by fx24
Tue Nov 27, 2012 5:31 pm
Forum: Personal Consumer Issues
Topic: Online Retailer makes major price mistake
Replies: 14
Views: 3159

Re: Online Retailer makes major price mistake

Two years ago, Fidelity mispriced a GM holding of mine at +$215,000,000.00. On the second day with no alarm, I called and brought attention to the issue. I seemed odd how routinely it was addressed and how it didn't otherwise escalate. I guess after all, they are just digits. Overall, it was fun whi...
by fx24
Thu Oct 18, 2012 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Personal financial account aggregation software
Replies: 27
Views: 7697

Re: Personal financial account aggregation software

Fidelity Fullview does aggregrate outside holdings and is free. We have it linked to our College 529 plan (UESP), Healthcare Savings Account (UMB), local bank account, and home equity. When asset-allocation analysis is done, it does a good job of interpreting the outside holdings. It auto-updates pe...
by fx24
Wed Oct 17, 2012 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Muni tax-exempt status
Replies: 6
Views: 736

Re: Muni tax-exempt status

What percentage are you scaling back? I'm thinking to liquidate and re-enter once the smoke clears. (PS: I did email Baird BMBIX and will share any useful reply.)
by fx24
Wed Oct 17, 2012 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Muni tax-exempt status
Replies: 6
Views: 736

Muni tax-exempt status

I wish to know if members are taking substantial action with their Muni allocations? I am not being too specific so as to not violate board rules prohibiting debate of "proposed" changes. I have a 14% allocation to Muni's. I am thinking to contact Baird (BMBIX) to ask their opinion.
by fx24
Sun Oct 07, 2012 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Any regrets moving from a active manager to passive indexing
Replies: 52
Views: 5642

Re: Any regrets moving from a active manager to passive inde

One regret: I overlooked my Advisor traded "advisor class" holdings, which have loads-waived and/or lower E/Rs. I overlooked this until I went to add to a position and was reminded I couldn't add or exchange-between "advisor class shares". I also could not add to "DFA" ...
by fx24
Sun Oct 07, 2012 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Federal Estate Planning prior to 2013
Replies: 12
Views: 1561

Re: Federal Estate Planning prior to 2013

I've just had a comprehensive briefing with an expert attorney regarding this. I'm told Romney supports elimination of the estate tax and Obama supports a 3M exemption. The legal industry believes that "some" estate tax will remain. And it should IMO. Pardon this tangent... Consider Bill G...
by fx24
Tue Oct 02, 2012 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: [POLL] - Do you maintain separate portfolios for taxable and
Replies: 25
Views: 2061

Re: [POLL] - Do you maintain separate portfolios for taxable

Separate... It makes it so easy/obvious to see your own performance relative to a benchmark. I keep 3 accounts: equities, fixed-income, tax-exempt. I used to have exempt holdings mixed/comingled within my fixed-income account but the muni's dragged down the accounts return versus the Barclays Bond I...
by fx24
Wed Sep 12, 2012 12:12 am
Forum: Personal Consumer Issues
Topic: advice re cancelling cable, WiFi option
Replies: 20
Views: 2606

Re: advice re cancelling cable, WiFi option

Regarding Internet access via WiFi. I -was- very happy with a Verizon "mifi" hotspot which provided wireless internet via my cell provider. However, it worked well with the 3G "mifi".... and aburtly became terrible when I "upgraded" to 4G. 4G introduced two problems. Fi...
by fx24
Sat Jul 28, 2012 3:11 pm
Forum: Investing - Theory, News & General
Topic: Market aggregation (total stock market) explained
Replies: 2
Views: 576

Market aggregation (total stock market) explained

I am putting together a family document about our finances (dad's investing wisdom) with some explainations of the rationale behind our investments. I came up with the following explanation about aggregation and thought it might be worthy of sharing here. The idea of market aggregation is the belief...
by fx24
Thu Jul 12, 2012 10:03 pm
Forum: Investing - Theory, News & General
Topic: How to fire your adviser
Replies: 46
Views: 7635

Re: How to fire your adviser

Today I left my Advisor of 9 years. The fee seemed small, a mere 0.7%. However, over the 9 years, the cumulative fee paid equalled 40% of my total return (pre tax). For me, the most important realization was understanding how I had all the investment risk and uncertainity while the Advisor earned a ...
by fx24
Wed Apr 25, 2012 11:56 pm
Forum: Investing - Theory, News & General
Topic: Improved Net Worth by Age [and plot]
Replies: 250
Views: 44890

Re: Improved Net Worth by Age [and plot]

Is a gmail account req'd to see results? I can access the form, but got a google signup when attempting to see results.
by fx24
Tue Apr 24, 2012 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Buffer note
Replies: 10
Views: 1283

Re: Buffer note

thank you all for the comments. much appreciated.
by fx24
Mon Apr 23, 2012 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Buffer note
Replies: 10
Views: 1283

Buffer note

I've had a decent experience investing at times in fixed-term index-based "absolute barrier notes". For those familiar, I now see a better product coined a "buffer note"... The best I found so far is a two-year no-fee note from Goldman Sachs based on S&P 500 market performanc...
by fx24
Mon Apr 16, 2012 9:08 pm
Forum: Personal Consumer Issues
Topic: Need Input: Windows - Marvin vs Andersen 400 Series...
Replies: 10
Views: 13029

Re: Need Input: Windows - Marvin vs Andersen 400 Series...

Marvin doors great... windows not so much. I just paid $10,000 to have several Marvin windows replaced. They were installed in late '98.... 14 years old. I experienced several rotted sashes and water inflitration. I have pics of the severe damage. I was very disappointed. I recalling paying up for M...
by fx24
Mon Mar 26, 2012 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why does anyone use American Express?
Replies: 146
Views: 281846

Re: Why does anyone use American Express?

Companies I avoid: AMEX, Merrill Lynch, BofA, Comcast, General Motors. With all of these companies, I have personally experienced fee gouging or terrible customer service. The thing is... we all get to vote with our dollars. I deliberately avoid contact with these firms because of my own experience....
by fx24
Tue Mar 20, 2012 9:42 am
Forum: Investing - Theory, News & General
Topic: outlook for stock returns
Replies: 7
Views: 941

Re: outlook for stock returns

Economist and statisical-wiz John Hussman each week reports his 10 year projected average return for stocks at hussman.com. Every Sunday night I read his weekly newsletter. John Hussman uncommonly well documents his methods and his conclusions. Unfortnately, his funds are doing very poorly within th...
by fx24
Tue Mar 06, 2012 1:52 am
Forum: Investing - Theory, News & General
Topic: Is the S&P 500 Index a Total Return Index?
Replies: 13
Views: 1779

Re: Is the S&P 500 Index a Total Return Index?

ycharts.com will show total-return or NAV. Below is a chart showing both, meaning both with and without dividends, for Vanguard BND.

Image
by fx24
Sat Mar 03, 2012 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: DBLTX Doubleline Total Return vs other bond funds
Replies: 10
Views: 4347

Re: DBLTX Doubleline Total Return vs other bond funds

I too am invested in Double-line (DBLTX) and also RiverNorth-Doubleline (RNSIX)... but not unreasonably so. Much of the investment industry lacks moral, ethical and sensible management. This is obvious everyday... today for example... with the ISDA continuing to "determine" that no "c...
by fx24
Mon Feb 27, 2012 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Learning Excel for personal finance
Replies: 28
Views: 3886

Re: Learning Excel for personal finance

Worth discussion is what constitues proper tracking... For investment tracking; I track accounts quarterly. I compute account gain/loss in dollars and % using quarterly balance changes and after adjusting for deposits, withdrawals and 401k employer-matching. Every four quarters sum yearly totals. I'...
by fx24
Mon Feb 20, 2012 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Age-based College Savings Portfolio
Replies: 5
Views: 628

Re: Age-based College Savings Portfolio

Consider this problem with my age-based 529 college plan. Six years ago, I invested in the South Dakota plan, as it was well ranked at that time. I invested in their "Age-based portfolio" which has a 1.93% total annual fee (Collegeaccess529 Class C units). Per the plan summary, the fee ave...
by fx24
Sat Feb 11, 2012 6:18 pm
Forum: Investing - Theory, News & General
Topic: Rehypothecation and Vanguard VBS
Replies: 10
Views: 2159

Re: Rehypothecation and Vanguard VBS

Thanks Frank but no proposed solutions. What do you think about stock certificates to deny financial firms the re-use of client money?
by fx24
Sat Feb 11, 2012 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Two simple questions
Replies: 12
Views: 1200

Re: Two simple questions

Chart of Total-return vs. NAV. Free at ycharts.com


Image

Uploaded with ImageShack.us
by fx24
Sat Feb 11, 2012 5:09 pm
Forum: Investing - Theory, News & General
Topic: Rehypothecation and Vanguard VBS
Replies: 10
Views: 2159

Re: Rehypothecation and Vanguard VBS

I'm surprised how little discussion (and frankly outrage) is given about industry (re)hypothecation which, in other words, is the ability of financial firms (including Vanguard) to repledge client assets for capital for their own use. (See Vanguard quote below). Little known is that pledged client a...
by fx24
Fri Jan 27, 2012 1:39 am
Forum: Investing - Help with Personal Investments
Topic: Charts that report 'total return'
Replies: 10
Views: 12151

Re: Charts that report 'total return'

Bloomberg's chart is primative. Very cool is a chart like this showing a single securities growth spread (NAV vs. Total Return). You can really visualize the importance of income. Made this on ycharts but, again unfortunately, it does not chart mutual funds. http://img72.imageshack.us/img72/6214/ych...
by fx24
Thu Jan 26, 2012 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Charts that report 'total return'
Replies: 10
Views: 12151

Re: Charts that report 'total return'

For example, a 5yr chart of VG total bond (BND) and Barclays total bond (AGG) shows a gain just above 10%.
This is very misleading, the gain is around 34%. Thats the problem.
by fx24
Thu Jan 26, 2012 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Charts that report 'total return'
Replies: 10
Views: 12151

Charts that report 'total return'

How do you get a chart comparing the performance of holdings where reinvestments are presumed... in other words comparing 'total return' ? The problem I see is that most stock charts (yahoo, google, msn, etc) only track NAV-based performance.... which is very misleading for high-income holdings wher...
by fx24
Wed Jan 25, 2012 12:28 am
Forum: Investing - Help with Personal Investments
Topic: 529 questions
Replies: 17
Views: 1968

Re: 529 questions

A one-time "catch-up contribution" is also a feature of 529 plans whereby you and your wife could put aside over $100,000 into a 529 without tax. This is great way to transfer wealth.
by fx24
Wed Jan 25, 2012 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Help me invest 12mm
Replies: 54
Views: 6186

Re: Help me invest 12mm

I know this situation. 12mm is NOT a lot of money and it can disappear quickly. I agree you need a $5M Umbrella liability policy. I recommend you pay a few dollars more and add a "sexual harassment and claims" rider. At your age, you could easily become targeted. See a good attorney for so...
by fx24
Tue Jan 24, 2012 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: IRA restructure to concentrate earned income
Replies: 4
Views: 416

Re: IRA restructure to concentrate earned income

DBR, Thank you, I didn't see the confusion. My assets are 80% taxable, 20% sheltered. Currently, they are not organized for tax efficiency. For example, my largest taxable holding is Loomis-Sayles Bond (LSBDX) even though it would have fit in my sheltered account. Similarily, my sheltered account he...
by fx24
Mon Jan 23, 2012 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: About to stop using DFA/Dropping Advisor
Replies: 29
Views: 5545

Re: About to stop using DFA/Dropping Advisor

I invested with DFA in 2006 and also had made few adjustments. I was particularily disappointed in 2008 when DFA offered little and simply followed the market lower. I say that because I was originally sold on DFA on the belief that they were less correlated. Of 12 DFA holdings, 4 are positive since...
by fx24
Mon Jan 23, 2012 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: IRA restructure to concentrate earned income
Replies: 4
Views: 416

IRA restructure to concentrate earned income

Hello all, In Dec I posted that I was moving away from my 70bps financial advisor and have begun that. I've taken my retirement accounts and propose DCA restructuring into the following holdings to simplify and concentrates my income production within non-taxed accounts. I'm mid-50s, retired, no deb...
by fx24
Sun Jan 01, 2012 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Longterm cap preservation
Replies: 26
Views: 2020

Re: Longterm cap preservation

BB, if it means anything. It's that worry, or the need to mange, never stops. Yes, I too thought i was 'made' but that's a myth. You must remain vigilant and watch out for losses.
by fx24
Sat Dec 31, 2011 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Longterm cap preservation
Replies: 26
Views: 2020

Re: Longterm cap preservation

I've read the wiki and many posts. The books, no. However, I'll start. In my 20s, I read lots on financial planning. It got away from me with my work and its a good task for me to get back to. Thx.
by fx24
Sat Dec 31, 2011 1:25 am
Forum: Investing - Help with Personal Investments
Topic: Longterm cap preservation
Replies: 26
Views: 2020

Re: Longterm cap preservation

Thanks Calijim. I am seeing that fees are like peeling an onion.... theres layers of 'em. I read here repeatedly the need to get ahold of these. The growth tilt is something I hope to address... I see many here advocate index funds and I am thinking that the predominant use of index funds is a new c...
by fx24
Sat Dec 31, 2011 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Longterm cap preservation
Replies: 26
Views: 2020

Re: Longterm cap preservation

point accepted. It makes me wonder about an even more conservative approach. But this raises worry of dissolution due to inflation. Is it naive to believe its reasonable to seek inflation plus 3% (after tax) as an objective? In these times anyways.