Search found 8648 matches

by grok87
Wed Apr 17, 2019 4:32 pm
Forum: Personal Investments
Topic: Fidelity T Bill Auto-roll,please critique
Replies: 25
Views: 2015

Re: Fidelity T Bill Auto-roll,please critique

Why can't Fidelity give you an easy means of cancelling/modifying your autoroll online? Seems very archaic to have to call to cancel/modify, or am I missing something? 2-3 business days prior to maturing under "Orders" there is a pending order to roll, with a cancel button you can click to cancel i...
by grok87
Wed Apr 17, 2019 9:28 am
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 6350

Re: Treasury Floating Rate Note-Has its Time Arrived?

I'm not an expert either, but Vanguard lists the top FRN in your list as: United States Treas Frn2.53977157% due 1/31/2021 Floating/Variable Coupon - Daily Reset,13WK TBILL + 11.5BP - And the Treasury only lists the spread here, not the HDM: https://www.treasurydirect.gov/instit/annceresult/anncere...
by grok87
Wed Apr 17, 2019 6:32 am
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 6350

Re: Treasury Floating Rate Note-Has its Time Arrived?

thanks for the update. re "irrelevant for the time being"- can you amplify your line of thought? this page shows they last issued with 18bps of extra yield (over the 3 month tbill) https://www.treasurydirect.gov/instit/annceresult/annceresult.htm that seems attractive and is higher than its been fo...
by grok87
Tue Apr 16, 2019 3:23 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 6350

Re: Treasury Floating Rate Note-Has its Time Arrived?

I've tried to sell 5 times in the past few months. The first two times I didn't even get a quote. The last three times I did and submitted a sell order, but it never executed. I finally manage to sell the other day on the 6th attempt. Perseverance pay off! Because there's not really a market for th...
by grok87
Tue Apr 16, 2019 3:15 pm
Forum: Personal Investments
Topic: Fidelity T Bill Auto-roll,please critique
Replies: 25
Views: 2015

Re: Fidelity T Bill Auto-roll,please critique

just be aware you need to call to cancel. I have found that it is just easier to sell the T-bill than to call in advance and cancel. Of course what you do can depend on how rates have changed since you purchased it but T-bills are bought/sold easily. Settlement on T-bills is T+1 so cash is availabl...
by grok87
Tue Apr 09, 2019 4:12 pm
Forum: Investing - Theory, News & General
Topic: REITs vs. Actual Real Estate Returns, 1904-2015
Replies: 18
Views: 1637

Re: REITs vs. Actual Real Estate Returns, 1904-2015

I would have thought reit returns in us to be higher due to their use of leverage.
They almost got wiped out in 08/09 though
by grok87
Sat Apr 06, 2019 7:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 133
Views: 9819

Re: Vanguard Announces Plans to Launch Commodities Fund

Interesting. For those interested here is a link to the monthly bloomberg reports on the commodity index Vanguard will be benchmarking against https://data.bloomberglp.com/promo/sites/12/438594_BCOM-April2019Outlook.pdf from page 18 commodities are still in contango of -3.6% and that has gotten wors...
by grok87
Fri Apr 05, 2019 2:42 pm
Forum: Personal Investments
Topic: Has anyone had any experience with TD Essential and Selective Portfolios?
Replies: 12
Views: 293

Re: Has anyone had any experience with TD Essential and Selective Portfolios?

Just like the title says, I was curious if anyone has experience with this portfolios? After losing my parent a few years ago, I was left a bene IRA around 30k, and I was immediately appointed a advisor when I rolled it over to TD. He suggested since I was a less risky conservative to put it all in...
by grok87
Thu Apr 04, 2019 3:53 pm
Forum: Personal Investments
Topic: 2019 TIPS Auction Schedule Changes
Replies: 5
Views: 395

Re: 2019 TIPS Auction Schedule Changes

It’s interesting. I find it all rather annoying. Not only are they reducing the frequency of 30 year tips auctions but they are moving the reopening one to August when everyone is on vacation! Going out on a limb with a prediction. I expect the August auction to be weak or to “tail” - ie auction yie...
by grok87
Mon Apr 01, 2019 7:10 am
Forum: Investing - Theory, News & General
Topic: Good resources for liability matching
Replies: 21
Views: 1578

Re: Good resources for liability matching

TheTimeLord wrote:
Mon Apr 01, 2019 7:06 am
What are some good resources for liability matching?
What did you want to know?
by grok87
Sat Mar 30, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: 10 Year/3 Month Treasuries Inversion
Replies: 100
Views: 8257

Re: 10 Year/3 Month Treasuries Inversion

as others have pointed out, the NY fed has a model to predict recessions based on the 10 yr treasury - 3 month tbill spread. https://www.newyorkfed.org/medialibrary/media/research/capital_markets/Prob_Rec.pdf it currently shows a 25% probability of a recession 12 months ahead- i.e. in feb 2020. it w...
by grok87
Sat Mar 30, 2019 3:29 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 259
Views: 21549

Re: "The best and worst U.S. states for retirement"

here's a link to the actual study. https://wallethub.com/edu/best-and-worst-states-to-retire/18592/ I think this is useful because you can see the subrankings for affordability, quality of life and healthcare. for example Minnesota is in the bottom quintile for affordability but is ranked #1 for qua...
by grok87
Sat Mar 30, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Net Investment Income Tax and SALT deduction cap
Replies: 39
Views: 3745

Re: Net Investment Income Tax and SALT deduction cap

The latest TT update says it Fixed - Form 8960 line 9b worksheet disregards SALT limitation https://ttlc.intuit.com/questions/3169946-turbotax-2018-release-notes-for-windows-personal-tax-software thanks so i found turbotax's post a little confusing. i think they are saying that previously in their ...
by grok87
Fri Mar 29, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Net Investment Income Tax and SALT deduction cap
Replies: 39
Views: 3745

Re: Net Investment Income Tax and SALT deduction cap

libralibra wrote:
Thu Mar 28, 2019 6:25 pm
The latest TT update says it
  • Fixed - Form 8960 line 9b worksheet disregards SALT limitation
https://ttlc.intuit.com/questions/31699 ... x-software
thanks
by grok87
Mon Mar 25, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: Effect of new QBI deduction on REITs' tax-efficiency?
Replies: 3
Views: 254

Re: Effect of new QBI deduction on REITs' tax-efficiency?

I think it’s tricky. I’ve moved my reits to taxable. It may not be the right thing to do. Reits distributions include long term capital gains as well as return of capital as well as the regular dividends so it’s tricky
by grok87
Mon Mar 18, 2019 10:23 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4393
Views: 1145354

Re: What Movie Have You Recently Watched?

Transit

In german and French with English subtitles

Thought provoking. With watching.
Like a post modern casablanca
by grok87
Sat Mar 16, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Net Investment Income Tax and SALT deduction cap
Replies: 39
Views: 3745

Re: Net Investment Income Tax and SALT deduction cap

... I can allocate all of my state income tax between investment income and other income. ^This. See p. 14 of form 8960: Include state, local, and foreign income taxes you paid for the tax year that are attributable to net investment income. See also https://www.law.cornell.edu/cfr/text/26/1.1411-4...
by grok87
Sat Mar 16, 2019 2:18 pm
Forum: Personal Investments
Topic: Is it agood idea to pick some KMI - MLP in portfolios?
Replies: 7
Views: 469

Re: Is it agood idea to pick some KMI - MLP in portfolios?

If it’s a Mlp it may make your taxes more complicated
by grok87
Sat Mar 16, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: SALT Limitation: Better to claim state sales tax deduction instead of income tax deduction if above the 10k Limit?
Replies: 19
Views: 3138

Re: SALT Limitation: Better to claim state sales tax deduction instead of income tax deduction if above the 10k Limit?

interesting thread. i'm thinking about claiming the sales tax deduction for clarity's sake (i am already well capped out on SALT due to property taxes). one issue that comes up for me is that my taxes actually go up slightly when i claim the sales tax. It makes no sense but that's what turbotax say...
by grok87
Sat Mar 16, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Net Investment Income Tax and SALT deduction cap
Replies: 39
Views: 3745

Re: Net Investment Income Tax and SALT deduction cap

On Form 8960 for the Net Investment Income Tax, line 9b, you can deduct the part of state and income tax allocable to your investment income. Suppose my state income tax for 2018 is more than $10,000, but I can only deduct $10,000 of it on Schedule A itemized deductions in 2018 due to the SALT dedu...
by grok87
Fri Mar 15, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Very interesting discussion. My understanding is that LTCI turned out to be much less profitable/viable/sustainable than insurers originally thought. A number of LTCI carriers have totally left the industry and others have raised their prices significantly. The original pricing was based on a numbe...
by grok87
Fri Mar 15, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

I expect that Allstate is well within their policy rights to increase premiums. Most products like this are "guaranteed renewable"; that is, the insurance company can't unilaterally cancel, but can change premiums going forward with actuarial justification. In most states, the state insurance depar...
by grok87
Fri Mar 15, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Hi, I am sure the answer is "yes they can" but it certainly seems crazy what I am about to write and I would like any advice about anything I can do. Here is the situation: My parents are 90 (mom) and 89 (Dad). They have been paying on an Allstate "Nursing Home" policy since 1986. Last year my Dad ...
by grok87
Fri Mar 15, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: SALT Limitation: Better to claim state sales tax deduction instead of income tax deduction if above the 10k Limit?
Replies: 19
Views: 3138

Re: SALT Limitation: Better to claim state sales tax deduction instead of income tax deduction if above the 10k Limit?

interesting thread. i'm thinking about claiming the sales tax deduction for clarity's sake (i am already well capped out on SALT due to property taxes). one issue that comes up for me is that my taxes actually go up slightly when i claim the sales tax. It makes no sense but that's what turbotax says...
by grok87
Fri Mar 15, 2019 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Hi, I am sure the answer is "yes they can" but it certainly seems crazy what I am about to write and I would like any advice about anything I can do. Here is the situation: My parents are 90 (mom) and 89 (Dad). They have been paying on an Allstate "Nursing Home" policy since 1986. Last year my Dad ...
by grok87
Fri Mar 15, 2019 5:05 am
Forum: Personal Finance (Not Investing)
Topic: Helping my mother choose an annuity
Replies: 10
Views: 1050

Re: Helping my mother choose an annuity

There are some real experts on here but have you checked with Vanguard about a SPIA? It might make sense to do a 1035 exchange. They claim to be the lowest price and no surrender charges if you leave early. They really push VA but i believe you can also get SPIA from them. you can. but they just ho...
by grok87
Thu Mar 14, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Helping my mother choose an annuity
Replies: 10
Views: 1050

Re: Helping my mother choose an annuity

cashmoney wrote:
Thu Mar 14, 2019 4:16 pm
I wouldn't split it between 2 companies because you are doubling the admin cost.Look in to 1035 exchange if available for this transaction.
+1
by grok87
Wed Mar 13, 2019 8:17 am
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 39
Views: 3597

Re: Thoughts on VNQ?

Most retirees are not in the 30% + bracket. Listen: with or w/o the QBI, REITS are tax inefficient investments, in the same way that any high-dividend stock or stock fund is a tax inefficient investment. Bhs strive for tax efficiency (take a look at the billion or so threads on holding bonds in a t...
by grok87
Tue Mar 12, 2019 6:26 pm
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 39
Views: 3597

Re: Thoughts on VNQ?

I ditched VNQ since it was solely responsible -- every year -- for a corrected 1099 and subsequent amended returns. "Return of Capital" was always corrected, and cost basis of the occasional sale was often corrected. I know that one one shouldn't let the tax tail wag the asset allocation dog, but e...
by grok87
Tue Mar 12, 2019 6:14 pm
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 39
Views: 3597

Re: Thoughts on VNQ? [Vanguard Real Estate ETF]

+1 ^^^ on not a good idea to hold in taxable :thumbsup Under the new tax rules, doesn't it qualify for the 20% deduction under qualified business rule? If so, wouldn't you want to hold it in a table account and get 20% of the income as (potentially) tax free? I was under the impression only directl...
by grok87
Tue Mar 12, 2019 4:17 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 518
Views: 66264

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Assuming a retirement age of 65, about 7% of retirees will survive longer than 30 years. If the retirement age is 60 we are talking of survival in excess of 30 years for around 20%. the 7% is for male retirees https://www.ssa.gov/oact/STATS/table4c6.html for women retiring at age 65, 14% are expect...
by grok87
Tue Mar 12, 2019 4:15 pm
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 39
Views: 3597

Re: Thoughts on VNQ?

I ditched VNQ since it was solely responsible -- every year -- for a corrected 1099 and subsequent amended returns. "Return of Capital" was always corrected, and cost basis of the occasional sale was often corrected. I know that one one shouldn't let the tax tail wag the asset allocation dog, but e...
by grok87
Sun Mar 10, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: Recaptcha strategies and tactics
Replies: 20
Views: 1427

Re: Recaptcha strategies and tactics

I've got to admit that I am questioning my humaness :oops: I keep failing the recaptcha tests that are becoming ubiquitous. My latest is being denied paying my taxes by pay1040.com So how about a thread on tactics that (sometimes) work? For example, are you in the if in doubt click it or the only c...
by grok87
Sun Mar 10, 2019 7:18 am
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 39
Views: 3597

Re: Thoughts on VNQ?

I ditched VNQ since it was solely responsible -- every year -- for a corrected 1099 and subsequent amended returns. "Return of Capital" was always corrected, and cost basis of the occasional sale was often corrected. I know that one one shouldn't let the tax tail wag the asset allocation dog, but e...
by grok87
Sun Mar 10, 2019 7:11 am
Forum: Investing - Theory, News & General
Topic: After ten years, most of the record of the crash is gone
Replies: 41
Views: 5667

Re: Bonds are for safety

The other thing that kind of jumps out is that Total Bond Index seems like kind of a dog. Not sure what the deal there is - maybe the exposure to government bonds as compared to other bond funds? KenKat: Bonds are for safety--not higher return. Increase your stock allocation for higher expected ret...
by grok87
Sat Mar 09, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: Does The 4% Rule Work Around The World?
Replies: 23
Views: 1484

Re: Does The 4% Rule Work Around The World?

4% didn't pan out for the 1940 Japanese retiree nor for the 1914 German. Nor did 3% or 2% (or 1% for Japan). Shocking! And yet, even including some horrible sequences for obvious reasons, 5% SWR worked out most of the time for 30-year retirees in those two countries. Bottom line there is no truly "...
by grok87
Sat Mar 09, 2019 5:47 pm
Forum: Investing - Theory, News & General
Topic: Does The 4% Rule Work Around The World?
Replies: 23
Views: 1484

Re: Does The 4% Rule Work Around The World?

i read an article once that said for a global portfolio the safe withdrawal rate was 3.5%. will try to find the link or maybe someone else has it. Long run real USD return of non US markets is 5.2 per cent. Geometric. UK 10 year indexed linked gilt is yielding -1.7 per cent. If Germany issued such ...
by grok87
Sat Mar 09, 2019 5:28 pm
Forum: Investing - Theory, News & General
Topic: Does The 4% Rule Work Around The World?
Replies: 23
Views: 1484

Re: Does The 4% Rule Work Around The World?

I think most Bogleheads have implemented at least a somewhat globally-diversified portfolio, and put the 4% rule for 30+ years to bed a while ago. Now were' arguing over 2-something and 3-something. I certainly hope not. Just going from a 4% to a 3% will probably add 5-10 years to your accumulation...
by grok87
Sat Mar 09, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: Does The 4% Rule Work Around The World?
Replies: 23
Views: 1484

Re: Does The 4% Rule Work Around The World?

i read an article once that said for a global portfolio the safe withdrawal rate was 3.5%. will try to find the link or maybe someone else has it. That is the number form this article. Note that the SWR for a global portfolio depends on where you live(and invest your bonds). In the end debating if ...
by grok87
Sat Mar 09, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: Does The 4% Rule Work Around The World?
Replies: 23
Views: 1484

Re: Does The 4% Rule Work Around The World?

i read an article once that said for a global portfolio the safe withdrawal rate was 3.5%. will try to find the link or maybe someone else has it.
by grok87
Thu Mar 07, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 114
Views: 11658

Re: Bogle "5% Gold"

Jack said that the 5% allocation to gold would be "a hedge against some kind of catastrophe." 5% seems low for the purposes of doing much good, but OTOH, it's unlikely to do much harm if the catastrophe never manifests itself either. This makes me feel a little better about our physical gold holdin...
by grok87
Mon Mar 04, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pension buyout, has this happened to anyone?
Replies: 15
Views: 2064

Re: Pension buyout, has this happened to anyone?

I don’t understand the reference to $95.00. 95 dollars x 10 years per month I'd get. I was curious what kind of buyout a company would offer. I'd like to hear stories of people who had this offer and if it worked or didnt. I would go to immediateannuities.com and put in your current age, your pensi...
by grok87
Sun Mar 03, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: Retirement bonds, aka SeLFIES
Replies: 90
Views: 11664

Re: Retirement bonds

The "hard" part is how to think about a employer pension in nominal dollars and what SWR i want to assume for various time horizons. Wouldn't you just discount future payments by expected inflation? 2% seems like a reasonable assumption given that it's the Fed target. sounds like the right approach
by grok87
Sun Mar 03, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: Current treasury yield curve inversion and CD rates
Replies: 5
Views: 701

Re: Current treasury yield curve inversion and CD rates

No way to know. Yield curve inversion is not a consistent predictor of recession - and right now the yield curve is essentially flat. I would stay the course regardless. agree. the NY Fed's model to predict recessions looks at the 10 yr treasury yield - 3 month treasury yield. As of last month that...
by grok87
Sun Mar 03, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Retirement bonds, aka SeLFIES
Replies: 90
Views: 11664

Re: Retirement bonds

You are incorrectly calculating the value of your SS benefits. NPV comes into play in deciding when to take SS benefits, not the value of the benefit. I've been thinking and reading a lot about NPV and applications for it in personal finance and recalled this thread and post in particular. Siamond,...
by grok87
Sun Mar 03, 2019 7:06 am
Forum: Personal Investments
Topic: Immediate Annuity with transamerica?
Replies: 13
Views: 922

Re: Immediate Annuity with transamerica?

I also annuitized a Vanguard Annuity contract and the monthly payments are from Transamerica. No issues and tax reporting agrees to my records of tax basis. This was done to provide an income bridge until delayed social security commenced at age 70 for both of us (spouse is currently receiving spou...
by grok87
Sat Mar 02, 2019 12:23 pm
Forum: Personal Investments
Topic: Immediate Annuity with transamerica?
Replies: 13
Views: 922

Re: Immediate Annuity with transamerica?

Why would you limit yourself to one company? You can get quotes from dozens of insurance companies through Vanguard, immediateannuities.com or blueprintincome.com. Gill thanks Gill. I probably should have added that she is 86 years old. We did try to use Vanguard but they only deal with folks 85 an...
by grok87
Sat Mar 02, 2019 12:12 pm
Forum: Personal Investments
Topic: Immediate Annuity with transamerica?
Replies: 13
Views: 922

Re: Immediate Annuity with transamerica?

Why would you limit yourself to one company? You can get quotes from dozens of insurance companies through Vanguard, immediateannuities.com or blueprintincome.com. Gill thanks Gill. I probably should have added that she is 86 years old. We did try to use Vanguard but they only deal with folks 85 an...
by grok87
Sat Mar 02, 2019 12:09 pm
Forum: Personal Investments
Topic: Immediate Annuity with transamerica?
Replies: 13
Views: 922

Re: Immediate Annuity with transamerica?

I have a simple immediate 10-year certain annuity with Transamerica purchased through Vanguard in 2016. This was an annuitization of a Vanguard variable (investment) annuity. No issues. Perhaps you should get on the phone either with Vanguard or Transamerica. The latter almost certainly would prefe...