Search found 14 matches

by Gustav
Sat May 23, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2060

Re: REITs in a world of WFH + social distancing

I‘ve considered many of the same factors and also the fact that historically REITS have trailed the direction of equities by several months. At the beginning of the year REITS were approximately 7% of my holdings. Two months ago I moved that money to a guaranteed investment (TIAA SRA with no withdra...
by Gustav
Sat May 23, 2020 12:53 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 75
Views: 5457

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

Here’s a different take on analysis of a Wells Fargo investment… I do not support the way they run their business, and it’s more than just the fiasco a couple of years ago with the fake accounts, so for that reason alone I would not make a investment in WFC .... by way of further example, I would n...
by Gustav
Mon Apr 27, 2020 6:29 pm
Forum: Personal Investments
Topic: To REIT or not to REIT?
Replies: 28
Views: 2461

Re: To REIT or not to REIT?

Was happy to see this thread and to read others’ opinions. I had been considering moving out of my TIAA Real Estate holding since early March. Though it has been a good investment for a number of years, I believe there may be difficult times ahead for commercial real estate due to the coronavirus. H...
by Gustav
Thu Apr 25, 2019 4:21 pm
Forum: Personal Investments
Topic: Wellington in IRA or non IRA ?
Replies: 4
Views: 740

Re: Wellington in IRA or non IRA ?

For a relatively conservative option in a taxable account, you might consider Vanguard Tax-Managed Balanced Fund (VTMFX). It's a 50/50 (equity/municipal bond) fund. The bond interest is federally tax exempt, and they strive to minimize taxable dividends from equities. An added plus for a conservativ...
by Gustav
Fri Mar 08, 2019 5:07 pm
Forum: Personal Investments
Topic: WRS Additional Contributions
Replies: 31
Views: 1368

Re: WRS Additional Contributions

One more piece of info: WRS allows these additional contributions to be annuitized in a date-certain fashion. Thus, I considered using this vehicle to provide a bridge to SS. For me, this was "cheaper" than, say, buying a TIPS ladder. However, we decided not to pursue the idea, favoring keeping mor...
by Gustav
Thu Mar 07, 2019 10:51 pm
Forum: Personal Investments
Topic: WRS Additional Contributions
Replies: 31
Views: 1368

Re: WRS Additional Contributions

I'm also covered by the WRS and will be retiring in the next six months. I did consider the additional contributions option but decided against it. When I did my calculations I don't believe that the interest rate for the additional contributions was as high as that being discussed on this thread. T...
by Gustav
Mon Jun 26, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Anyone else getting priced out of Volvo market?
Replies: 19
Views: 3014

Re: Anyone else getting priced out of Volvo market?

I think I'm officially priced out of the Volvo market. Subaru Outbacks are apparently more my speed these days. Any other loyal Volvo owners out there had the same reaction? Absolutely. I've owned a V70XC, an S40 and presently drive an 11-year-old V50 AWD. I've enjoyed owning and driving these cars...
by Gustav
Tue May 23, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 16679

Re: Zacks says sell Wellesley!?

We have my wife's Roth invested 50/50 in Wellington and Wellesly. We rebalance once each year. She's in her 60s and will retire next year and this has been a good low-volatility allocation for us. I supppose we could save expenses with a more boglehead-like two fund portfolio, but we're content with...
by Gustav
Sun May 15, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 1335

Re: Decision time - supplement pension, or not?

Will the $50k payment come from a TIRA transfer? Or will it be post tax dollars? If post tax dollars will a portion of the pension be not taxed? If so, is all of the post tax paid out in the first year or two or over the life of the pension? These considerations make it a little different than the ...
by Gustav
Sun May 15, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 1335

Re: Decision time - supplement pension, or not?

You are dealing with two, very different options here. The first of them depends on how long you live. If you live for 30 years, the "years of service" option will return $120,000 total. That's actually close to a 6.9% rate of return since you'd be getting most of the money long before the 30 years...
by Gustav
Sun May 15, 2016 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 1335

Re: Decision time - supplement pension, or not?

I'd consider whether the existing pension, plus SS, will cover your expenses. If so, I'd be less inclined to supplement. Another factor is how big a dent the $50,000 will put in your liquid assets (and whether obtaining the $50K will require you to pay capital gains or other taxes). If $50K is half...
by Gustav
Sun May 15, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 1335

Re: Decision time - supplement pension, or not?

My view is always safety first. So the extra $4k, given it also covers your survivor (100%?) to death looks like really good value to me. Is it CPI indexed? Thanks for your thoughts. Yes, the pension continues 100% to the survivor. No, the pension is not CPI indexed. However they do credit accounts...
by Gustav
Sun May 15, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 1335

Decision time - supplement pension, or not?

I plan to retire from a teaching position next year at the age of 63. I'm fortunate to have a state pension and I'm trying to decide whether to "invest" $50K to supplement the pension with one of two options that they provide, or to invest that money on my own hoping to do better than the pension op...
by Gustav
Wed Dec 23, 2015 1:35 pm
Forum: Personal Investments
Topic: wellesley investor shares
Replies: 10
Views: 1773

Re: wellesley investor shares

Interestingly, both Wellesley Income and Wellington seem to perform about the same over the long term, despite their differing asset allocations. My wifes's Roth contains both funds and all purchases (quarterly) have been 50/50 over more than ten years. Presently, the current value of each is nearly...