Search found 151 matches

by poppa23
Sat Sep 26, 2020 9:40 am
Forum: Personal Investments
Topic: Is a Trust really needed today?
Replies: 18
Views: 1973

Re: Is a Trust really needed today?

There are no legal fees associated with a trust once its created. Legal fees are associated with probate if needed. A trust allows the decedent to direct money or assets or keepsakes to particular individuals. I want my son jimmy to get my stamp collection or I want my daughter sally to get my weddi...
by poppa23
Mon Aug 31, 2020 11:06 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 466
Views: 38714

What is your age and asset allocation ?

im currently looking at my AA. Going over this past year and reviewing my reactions to the ups and downs. Im prob way to conservative for my 60 years of age. Im currently 68% Fixed, 20% Equity and 12% cash. I dont mind being somewhat conservative in that financially im well off and I know its an ind...
by poppa23
Fri Jul 31, 2020 9:20 am
Forum: Personal Investments
Topic: High net worth, volatility phobic investor seeking help
Replies: 84
Views: 5972

Re: High net worth, volatility phobic investor seeking help

You said she was single...you got a phone number :)
by poppa23
Wed Jul 29, 2020 10:42 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 153
Views: 15237

Re: Poor service at Vanguard making me re-think my decision

Just went through this.. I had an assigned rep and that was removed. When I called and asked some questions about investments they said "cant answer this anymore we need to manage your account to answer your questions" I moved all my money "multi m portfolio" to schwab. I got a c...
by poppa23
Tue Jul 14, 2020 9:14 pm
Forum: Personal Investments
Topic: Schwab/Fidelity one or two brokerages
Replies: 7
Views: 749

Schwab/Fidelity one or two brokerages

Is there a reason to have more than one brokerage...Safety ? Convenience isnt a factor.. Both are close to my home...
by poppa23
Thu Jul 09, 2020 6:17 pm
Forum: Personal Investments
Topic: Fidelity Tax Managed Index Equity Fund
Replies: 5
Views: 761

Re: Fidelity Tax Managed Index Equity Fund

no your right..thanks for the heads up
by poppa23
Thu Jul 09, 2020 6:00 pm
Forum: Personal Investments
Topic: Fidelity Tax Managed Index Equity Fund
Replies: 5
Views: 761

Fidelity Tax Managed Index Equity Fund

I just moved some monies to Fidelity. The advisor who was to put together ideas on investment came back with this fund. He explained that this fund is good when the market is topsy turvey like now. This fund constantly is trading the individual stocks its has in the fund (mirrors the 500 index ) but...
by poppa23
Wed Jun 10, 2020 10:20 pm
Forum: Personal Investments
Topic: Fixed Income in Pension Account
Replies: 8
Views: 721

Re: Fixed Income in Pension Account

Is this for an IRA account? Or for a 401(k) that has an extensive selection of fixed income choices? On first review, I’m not sure what you’re trying to accomplish by having four bond funds. Three of them are corporate bond funds, and two of them have a very similar duration. I’m also not sure why ...
by poppa23
Wed Jun 10, 2020 4:13 pm
Forum: Personal Investments
Topic: Fixed Income in Pension Account
Replies: 8
Views: 721

Fixed Income in Pension Account

Please let me know what are your thoughts on this grouping of bond funds. I kind of wanted to create a bit of a ladder of funds.. Is there too much overlap. Are the durations to close to each other..Should I narrow it down to 3 funds only . Your thoughts please. This is going in my pension account s...
by poppa23
Sat May 30, 2020 11:36 pm
Forum: Personal Investments
Topic: TIPS--Explain please...
Replies: 6
Views: 880

Re: TIPS--Explain please...

TIPS (Treasury Inflation Protected Securities) have 2 components. One is the interest rate they pay, which is fixed when it is issued. The other is the inflation adjustment, made every year (I think), on the bonds face amount. Over time, the value of the bond will go up (or down) with inflation. As...
by poppa23
Sat May 30, 2020 10:52 pm
Forum: Personal Investments
Topic: TIPS--Explain please...
Replies: 6
Views: 880

TIPS--Explain please...

Not quite sure how TIPS works in with the fixed income part of a portfolio. Ive never had TIPS before and Im looking at my fixed income part. I have intermed term invest grade, short term invest grade and total bond along with some individual munis.. how do I determine if I need tips and if so what ...
by poppa23
Sat May 02, 2020 8:13 pm
Forum: Personal Investments
Topic: How to get back in ..
Replies: 4
Views: 649

How to get back in ..

So i panicked and sold a large portion of my portfolio when I felt the sky was falling.. Prior to the downturn I was very conservative with about 19% equities. That being said when the market went down everything went down including the bond funds which exacerbated my fears and thats why I sold. ( I...
by poppa23
Wed Apr 08, 2020 9:53 pm
Forum: Personal Investments
Topic: Any high bracket investors dumping munis?
Replies: 127
Views: 9769

Re: Any high bracket investors dumping munis?

My Fixed portfolio is made up of individual Ca Muni GO Bonds double A or better...im very comfortable with that. 25% of them will be called next year then sporadic calls over 5-7 years...When they are called I will prob put a portion in treasuries and or Fed munis...I sold my Total Bond Fund and Int...
by poppa23
Thu Mar 26, 2020 12:54 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 366
Views: 32999

Re: How much you lost/gain since Feb 20,2020 ?

down 1.3 M on a very conservative AA.. prior to Feb was 20eq /70 fx /10 csh....not staying the course sold some for wealth preservation and to sleep at night..prob have to help family that was laid off and prepare for tenants who cant pay their rent...going to be a tough 6 months but will be fine......
by poppa23
Sat Mar 21, 2020 9:44 pm
Forum: Personal Investments
Topic: This time it's different
Replies: 32
Views: 4423

Re: This time its different

This time is different in that im 12 years older than in 2008. And with that Im 12 years closer to retirement..I have sold a great deal of my equities and I am now down to 14% equity, 49% Fixed and 36% cash. For me this is a move for wealth preservation. I dont mind saying I was scared and at this p...
by poppa23
Tue Nov 05, 2019 10:48 pm
Forum: Personal Investments
Topic: What's the Best Investment in Your Opinion?
Replies: 23
Views: 2703

Re: What's the Best Investment in Your Opinion?

Education...plain and simple....whether it be college ,or trade school to teach you how to make a living, or educate yourself on investing, or educate yourself on personal relationships...Its education.
by poppa23
Tue Nov 05, 2019 3:05 pm
Forum: Personal Investments
Topic: Your Opinion Please [Asset Allocation]
Replies: 14
Views: 1421

Re: Your Opinion Please [Asset Allocation]

ok i get it sometimes you can think a bit too much...... sometimes you need to check yourself..
by poppa23
Mon Nov 04, 2019 11:50 pm
Forum: Personal Investments
Topic: Your Opinion Please [Asset Allocation]
Replies: 14
Views: 1421

Re: Your Opinion Please

yes i have been on the forum for years and dont need to take the risk but there are plenty of people who have been on this forum for long periods of time who are going to take a look and still make sure that what your doing works well for you...this is why i ask the question as im reading quite a bi...
by poppa23
Mon Nov 04, 2019 11:22 pm
Forum: Personal Investments
Topic: Your Opinion Please [Asset Allocation]
Replies: 14
Views: 1421

Re: Your Opinion Please

im 60 and my allocation is very conservative as ive done well so im not taking much in the way of risk. im more in a cap preservation mode with clipping coupons being my excitement..but for the equities im posing the question...
by poppa23
Mon Nov 04, 2019 11:13 pm
Forum: Personal Investments
Topic: Your Opinion Please [Asset Allocation]
Replies: 14
Views: 1421

Your Opinion Please [Asset Allocation]

im too much in fixed income. Im shifting more to equities but still majority in fixed. my equities are majority total stock with 1/3 vanguard div growth.a financial buddy of mine suggested that i should fill in equity allocation with mid cap, small and foreign breaking it down to 58 lg cap 22 mid ca...
by poppa23
Sun Jul 07, 2019 12:26 am
Forum: Personal Investments
Topic: Under age 50 and have a stock allocation less than 50%?
Replies: 25
Views: 3049

Re: Under age 50 and have a stock allocation less than 50%?

59 years old 20 stock 70 bond (individ muni and bond funds) 10 cash...was the same 10 years ago..already won the game. can retire now if i wanted. working 25 hours a week. no need to take on more risk than needed in my opinion just to leave more for my children..
by poppa23
Tue Jun 11, 2019 11:24 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 5020

Re: $1 million Where to Park?

Wells Fargo has a cd 2.7 for 11 mos 250 k fdic ins per acct holder and beneficiary so you and wife can open one
by poppa23
Sun May 19, 2019 10:09 am
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 102
Views: 13890

Re: If you are already wealthy, what keeps you motivated?

I personally have a great deal of wealth. Well over 15M. I have launched my children. They all have advanced degrees and are working in well paying jobs. When I was in my late 30's my motivation was providing for my kids. College. Family,,Taking family vacations which we did to build and foster the ...
by poppa23
Fri Jul 06, 2018 11:17 pm
Forum: Personal Investments
Topic: Right decision ?
Replies: 20
Views: 2867

Re: Right decision ?

Thank you all for your response and will try to remember about being more explicit in my question title...however...rest assured it was not in any way intended to be impolite....
by poppa23
Thu Jul 05, 2018 12:32 am
Forum: Personal Investments
Topic: Right decision ?
Replies: 20
Views: 2867

Right decision ?

i think i made the right decision..just want your opinion. i had some cash in the bank. Im looking around to see where to put it to work. I wanted fixed income..secure.. Im looking at 1 year cd 2.4-2.7$ return then thought about a credit line i had where i was paying 3.75 on the money.. I could have...
by poppa23
Mon Nov 20, 2017 11:14 pm
Forum: Personal Investments
Topic: Slice and Dice
Replies: 40
Views: 4661

Slice and Dice

i have seen members list there portfolios some of there are significantly sliced and diced with 7 8 9 different funds ie small cap value small cap blend etc..my question is how much can that really add to a portfolio over what a 3 fund portfolio. I ask because at some point its just not worth managi...
by poppa23
Sun Nov 05, 2017 11:03 pm
Forum: Personal Investments
Topic: Trying to keep it simple-your thoughts.
Replies: 4
Views: 884

Trying to keep it simple-your thoughts.

My Tax Advantaged : Total Bond, Total Stock, 500,Total International, and Wellsley Funds, My Taxable : Total Stock New money coming into taxable to my fixed income allocation. Im assuming intermediate term tax exempt over total bond (highest tax bracket here) New money coming into taxable equity wil...
by poppa23
Fri Feb 17, 2017 5:56 pm
Forum: Personal Investments
Topic: re:Tax advantaged space
Replies: 1
Views: 316

re:Tax advantaged space

for tax advantaged space i need to fill in some fixed income investment for my AA...so im looking at total bond or vanguard intermed term bond fund vbilx. i think its like splitting hairs no real wrong decision....my other fixed income is muni bonds with average duration of prob 9-10 years...your th...
by poppa23
Wed Dec 21, 2016 5:27 pm
Forum: Personal Investments
Topic: A little help please..
Replies: 6
Views: 1093

Re: A little help please..

What im saying about AA is that the amount isnt going to affect my AA more than half of a percent so I dont want to not pick a fund based upon affect ofAA... I have an AA Im within 2 percent of it..this decision doesnt matter regarding it so im not factoring it in to decision.. Im just wondering whi...
by poppa23
Wed Dec 21, 2016 12:45 pm
Forum: Personal Investments
Topic: A little help please..
Replies: 6
Views: 1093

A little help please..

Money to invest...which fund to choose..Vanguard Balanced Fund, Wellsley Fund or 500 Index fund. Background: 70/30 bond /stock AA. Mid 50's conservative... financially set dont need more liberal AA... I like to sleep at night ..money to invest in pension acct. dont care how it affects my AA so lets ...
by poppa23
Sun May 29, 2016 3:32 pm
Forum: Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 3501

Re: Vanguard Core Bond Fund

Thanks Taylor...
by poppa23
Sun May 29, 2016 11:00 am
Forum: Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 3501

Vanguard Core Bond Fund

So I see Vanguard Core Bond is new...im looking for a bond fund to put into my tax advantage space. I see one difference between Total Bond and Core Bond that being the amount of Bonds and hence diversification and Total Bond a bit better yield..any other differences im missing. Is the point of Core...
by poppa23
Fri May 20, 2016 11:56 pm
Forum: Personal Investments
Topic: Questions about Bond Funds at Vanguard
Replies: 4
Views: 989

Questions about Bond Funds at Vanguard

Somewhat confused. Background ...California resident with a large amount of individual Cal Muni Bonds. I have cash which needs to be invested in fixed income to conform with my AA and I dont want more individ Cal muni bonds. Im looking to split my current monetary investment to two different Vanguar...
by poppa23
Thu Dec 24, 2015 1:58 am
Forum: Personal Investments
Topic: Age in Bonds
Replies: 108
Views: 11760

Re: Age in Bonds

70/30 bonds/stocks age 55 semi retired dont need to take the risk as was said earlier..already won the game for me and my children i dont even blink when the market takes a dump now..Thats what I want..to sleep and not even think about it...Happy and Healthy Holidays to all...
by poppa23
Tue Sep 29, 2015 10:02 pm
Forum: Personal Investments
Topic: Wellington Fund Question
Replies: 3
Views: 845

Wellington Fund Question

I have some money in a tax advantaged account to invest. Stocks on sale now so I want to put it to work...Is Wellington Fund ok to purchase in this account or would I be better off with that fund in a taxable account and purchase SP 500 in the tax advantaged. I understand Wellington is both Stock an...
by poppa23
Tue Sep 29, 2015 9:31 pm
Forum: Personal Investments
Topic: convince me on bonds.
Replies: 44
Views: 4965

Re: convince me on bonds.

Im currently 70/30 Bonds/Stocks...feeling a bit more comfortable than if it were the other way around right about now...
by poppa23
Thu Mar 12, 2015 12:09 am
Forum: Personal Investments
Topic: How to create a 3% return portfolio?
Replies: 52
Views: 7726

Re: How to create a 3% return portfolio?

Given today's economic climate and portfolio return expectations/prognostications, I'm less optimistic than the numbers revealed on Vanguard's return chart. Going forward, I'm assuming a return of 6-7% for equities and 1.5-2% for bonds over then next decade or two, instead of 10.2% for equities and...
by poppa23
Thu Mar 12, 2015 12:00 am
Forum: Personal Investments
Topic: How to create a 3% return portfolio?
Replies: 52
Views: 7726

Re: How to create a 3% return portfolio?

Use 1/4 to 1/2 of the bond money to buy a rental property. You will need a trusted agent to get you the right place. You should be able to boost your overall portfolio returns quite comfortably assuming you will be paying cash (no mortgage). Hire a management company (also recommended by the agent)...
by poppa23
Tue Mar 10, 2015 12:01 am
Forum: Personal Investments
Topic: How to create a 3% return portfolio?
Replies: 52
Views: 7726

Re: How to create a 3% return portfolio?

Use 1/4 to 1/2 of the bond money to buy a rental property. You will need a trusted agent to get you the right place. You should be able to boost your overall portfolio returns quite comfortably assuming you will be paying cash (no mortgage). Hire a management company (also recommended by the agent)...
by poppa23
Tue Feb 24, 2015 11:07 am
Forum: Personal Investments
Topic: International Bonds
Replies: 13
Views: 1716

Re: International Bonds

Im trying to get an understanding of how Bogleheads feel about International Bonds. If its supposed to be about 10% for diversification purposes does it really make a difference. Im heavy into Intermed Term California Muni Bonds 88% of fixed income. I have a 12% allocation to Short Term Fed Tax Exe...
by poppa23
Tue Feb 24, 2015 1:02 am
Forum: Personal Investments
Topic: International Bonds
Replies: 13
Views: 1716

International Bonds

Im trying to get an understanding of how Bogleheads feel about International Bonds. If its supposed to be about 10% for diversification purposes does it really make a difference. Im heavy into Intermed Term California Muni Bonds 88% of fixed income. I have a 12% allocation to Short Term Fed Tax Exem...
by poppa23
Fri Feb 13, 2015 1:47 am
Forum: Personal Investments
Topic: help me decide please
Replies: 3
Views: 757

help me decide please

looking for fund to put in my tax deferred space. im pretty well diversified with the majority of my portfolio. Dont want fixed income here as thats covered. Its between Vanguard Equity Income Fund (Mimicks the equity portion of Wellington Fund ) or Vanguard Health Care Fund. Your thoughts are appre...
by poppa23
Sun Feb 08, 2015 12:14 am
Forum: Personal Investments
Topic: About to stop using DFA/Dropping Advisor
Replies: 29
Views: 6570

Re: About to stop using DFA/Dropping Advisor

I would move everything to Vanguard if possible. I'll try to find out if this is possible, but think not from what I've read? im in the process of doing it ..moving from advisor who was holding funds at Pershing. Vanguard is moving "in kind". already checked with concierge services. same ...
by poppa23
Mon Jan 12, 2015 1:02 am
Forum: Personal Investments
Topic: Sorry.. another Should I move my portfolio question
Replies: 11
Views: 1143

Re: Sorry.. another Should I move my portfolio question

I don't see how one can use the exact AA using Vanguard funds without a careful analysis. For instance, a Vanguard large-cap value index fund is not the same as a DFA large-cap value fund. Nor is a Vanguard small-cap value fund the same as a DFA small-cap value fund. So I hope you just didn't compa...
by poppa23
Sun Jan 11, 2015 10:17 pm
Forum: Personal Investments
Topic: Sorry.. another Should I move my portfolio question
Replies: 11
Views: 1143

Re: Sorry.. another Should I move my portfolio question

I am fully aware that the difference in the return is because of the AA. He did not need to explain that. However, when I used the exact AA using Vanguard index funds the return was still a pinch better,3.25 as opposed to 3.11 for him. As far as moving the funds to Vanguard I am going to check into ...
by poppa23
Sun Jan 11, 2015 9:22 pm
Forum: Personal Investments
Topic: Sorry.. another Should I move my portfolio question
Replies: 11
Views: 1143

Sorry.. another Should I move my portfolio question

I was trying to figure out how to articulate this question so forgive me if im not clear. I am financially secure. I have a portion of my portfolio with and advisor who has my funds with DFA. I also have a portion of my portfolio with Vanguard as well as individual bonds. The advisor manages about 2...
by poppa23
Mon Jan 05, 2015 11:42 pm
Forum: Personal Investments
Topic: DFA vs DIY
Replies: 10
Views: 2559

Re: DFA vs DIY

Im pondering the same decision at this time. Ive read almost every article and analysis out there and run all the breakdowns for 3,5 and 7 years where I could. I could not find a reason to choose DFA over plain vanilla Vanguard Index Funds. From what I have seen it appears when the market takes a du...
by poppa23
Sat Jan 03, 2015 8:29 pm
Forum: Personal Investments
Topic: DFA Fidelity
Replies: 5
Views: 1170

Re: DFA Fidelity

ok ill check it out thanks..
by poppa23
Sat Jan 03, 2015 12:17 pm
Forum: Personal Investments
Topic: DFA Fidelity
Replies: 5
Views: 1170

DFA Fidelity

Vanguard doesnt accept transfer of DFA funds from my current brokerage. Does Fidelity or Schwab ?
by poppa23
Wed Dec 31, 2014 10:44 am
Forum: Personal Investments
Topic: Quick question on percentages
Replies: 8
Views: 998

Re: Quick question on percentages

Thanks all for taking your time to answer. Happy and most important healthy year to all..