Search found 1375 matches

by BigJohn
Mon Oct 16, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Convert: To the max of your likely future bracket or the one just below?
Replies: 5
Views: 714

Re: Roth Convert: To the max of your likely future bracket or the one just below?

All good advice above and consistent with my plans to convert at about the same tax rate. However, there are a lot of unknowns and your heirs tax rate can be as or more important than yours. It can also be less than obvious what your marginal tax rate really is with all the phase-in, phase-out break...
by BigJohn
Mon Oct 16, 2017 6:00 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1823

Re: Bonds v. bond funds

I understand what Inam reading but can’t get past the Ihebhundreds of time I read that Funds carry different risk than individual bonds. The latter, diversification risk and the former, the risk that bonds aren’t held to maturity. I suppose the latter risk is meaningless if due to redemptions and o...
by BigJohn
Sat Oct 14, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Innovis and ChexSystems freeze confirmation letters
Replies: 40
Views: 5394

Re: Innovis and ChexSystems freeze confirmation letters

Requested both on 9/16. Letter from Innovis took about 2.5 weeks. Letter from Chexsystems arrived today, so 4 weeks.
by BigJohn
Wed Oct 11, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Formulaic employee stock option selloff
Replies: 2
Views: 214

Re: Formulaic employee stock option selloff

How much of your net worth is tied up in these options? If it's more than 10%, I'd personally shy away from price targets. You could end up holding all the way down if things don't go well. At one point I had a significant portion of my net worth in company stock and decide to get it below 10% by se...
by BigJohn
Wed Oct 11, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Do I lose NUA if I quit my job?
Replies: 7
Views: 746

Re: Do I lose NUA if I quit my job?

Here are the IRS requirements for using NUA from this source https://www.fidelity.com/viewpoints/personal-finance/company-stock You must meet all four of the following criteria to take advantage of the NUA rules: 1) You must distribute your entire vested balance in your plan within one tax year (tho...
by BigJohn
Sun Oct 08, 2017 7:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 6916

Re: Vanguard's long-term outlook for TIPS

With respect to my portfolio and beyond, I view my role as being a risk manager, not a return maximizer. Along these lines, I view TIPS as insurance against an inflation surprise. Like all insurance, you usually hope you'll never need it and there is always a cost. Only you can decide if the cost o...
by BigJohn
Sun Oct 08, 2017 6:47 am
Forum: Investing - Theory, News & General
Topic: What is a “bond bubble”?
Replies: 35
Views: 3178

Re: What is a “bond bubble”?

Stormbringer wrote:
Sun Oct 08, 2017 5:37 am
That makes me think then that a ladder of individual bonds might be superior for capital preservation than a bond fund.
Not necessarily
https://www.bogleheads.org/wiki/Individ ... _bond_fund
by BigJohn
Sat Oct 07, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 25054

Re: Is a security freeze at Innovis really needed?

Received PIN from Innovis on Wednesday, right at 2 weeks since I did the freeze. Still waiting for PIN from ChexSystems.
by BigJohn
Mon Oct 02, 2017 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Balancing liquidation of company stock (post-NUA) with Roth conversions
Replies: 6
Views: 376

Re: Balancing liquidation of company stock (post-NUA) with Roth conversions

I'm in a very similar situation. My Roth conversion economics worked out to show that I really had to choose between conversion and any substantial sale of NUA stock. As you said, it's a good problem to have but the LTCG component of the NUA stock is so large (~85% of the value) that any sale essent...
by BigJohn
Wed Sep 27, 2017 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Wm. Bernstein's Latest Portfolio?
Replies: 4
Views: 1170

Re: Wm. Bernstein's Latest Portfolio?

I'm with Dandy in implementing what Dr Bernstein calls a Liability Matching Portfolio (LMP). I retired three years ago and am currently age 61. My plan going into retirement was to hold 60/40 forever but.... after reading Dr Bernstein's "The Ages of the Investor" and "Deep Risk" I decided to make a ...
by BigJohn
Mon Sep 25, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1757

Re: How do I retain check writing on bond fund?

I had the same issue today. Sent VG and email describing the problem and will post the answer back here if someone else has not done so before. Heard back from VG. Email apologized for the issue with incorrect link and indicated that they had recorded my desire to keep check writing with no further...
by BigJohn
Sat Sep 23, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1757

Re: How do I retain check writing on bond fund?

I had the same issue today. Sent VG and email describing the problem and will post the answer back here if someone else has not done so before.
by BigJohn
Thu Sep 21, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 25054

Re: Is a security freeze at Innovis really needed?

Caduceus wrote:
Thu Sep 21, 2017 4:18 am
I can't seem to freeze my Innovis and the call wait times exceed 30 mins the last two times I've tried. Has anyone had the same problem?
Did mine with Innovis on-line this past weekend, very quick and easy. Waiting for PIN via snail mail.
by BigJohn
Sun Sep 17, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 25054

Re: Is a security freeze at Innovis really needed?

patricia, I had a similar question about SageStream and ARS which I asked here. https://www.bogleheads.org/forum/viewtopic.php?p=3535228#p3535228 About the only place I've seen these smaller companies mentioned is on the Doctor of Credit website. Innovis is a mixed bag but more frequently mentioned....
by BigJohn
Sat Sep 16, 2017 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki article - Credit freeze
Replies: 49
Views: 6401

Re: Wiki article - Credit freeze

need403bhelp, thanks for perspective on Doctor of Credit, sounds like a credible source. The details in the CFPB link and your experience with LexisNexis report are a bit disturbing but I guess not too surprising. At least for right now, the point of diminishing returns for me seems to be to freeze ...
by BigJohn
Sat Sep 16, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 25054

Re: Is a security freeze at Innovis really needed?

It seems that all of systems of the 3 majors are overwhelmed, and some users are reporting very different experiences. Just so everyone realizes that PIN generation, as indicated above, may not be what you experience just because someone else has. My experience: Experian - I choose my own PIN, as d...
by BigJohn
Sat Sep 16, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 25054

Re: Is a security freeze at Innovis really needed?

Both Innovis and ChexSystem told me that the unlock PIN code will come via US snail mail. Equifax gave me .pdf file for the 10 digit unlock PIN code. How do Experian and TU handle giving the unlock code after successful freeze? I did a freeze on-line at all five this morning. Here's a summary of ho...
by BigJohn
Sat Sep 16, 2017 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki article - Credit freeze
Replies: 49
Views: 6401

Re: Wiki article - Credit freeze

Lady Geek, great initiative. I just completed this freeze on-line at Equifax, Experion, Transunion, Innovis and ChexSystem. Not sure how detailed you want to get nor how often these details might change but here is a summary of my on-line experience for you to use as you see fit. Equifax - system ge...
by BigJohn
Tue Sep 05, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: If I died today, what would my spouse do?
Replies: 69
Views: 14006

Re: If I died today, what would my spouse do?

I think some of the comments here are mixing two different problems. The first and most pressing Is how does my family replace the real time management of accounts, bills, taxes, etc. if you are the spouse that is solely responsible for this, I view it as irresponsible to not make plans for the "hit...
by BigJohn
Mon Aug 14, 2017 5:48 pm
Forum: Investing - Theory, News & General
Topic: What a Low Return Outlook Means for Your Retirement?
Replies: 42
Views: 5380

Re: What a Low Return Outlook Means for Your Retirement?

All of these discussions seem to lead to the same idea, that we should be thinking about SWR as the sum of two components: spending required to maintain absolute minimum desired standard of living, and then additional spending to cover luxuries and other non-necessities. Perhaps it's 3% + 1% = 4%. ...
by BigJohn
Mon Aug 14, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Unitized ESOP Fund in Company 401k Eligible for NUA?
Replies: 6
Views: 497

Re: Unitized ESOP Fund in Company 401k Eligible for NUA?

Here are the requirements for using NUA from this source https://www.fidelity.com/viewpoints/personal-finance/company-stock You must meet all four of the following criteria to take advantage of the NUA rules: 1) You must distribute your entire vested balance in your plan within one tax year (though ...
by BigJohn
Mon Aug 07, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversions
Replies: 7
Views: 826

Re: Roth conversions

Each year's Roth conversion has a separate five-year clock, so separate, empty accounts makes this easier to track. Not sure how old the OP is but the separate five-year clocks disappear at age 59.5. See this post for more details https://www.bogleheads.org/forum/viewtopic.php?p=2626277#p2626277 Ev...
by BigJohn
Wed Jul 12, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 156
Views: 25060

Re: $400,000 Roth Conversions Between Ages 66-69?

I'm in favor of Roth IRAs, but a retirement fund is a 20 or thirty or more year deal. We cannot possibly know what tax policies and other policies will be in place (e.g., Medicare) over time. Seems to me diversifying future tax risk would include some balance of pre- and post-tax funds. Yet the pre...
by BigJohn
Thu Jun 29, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: A TIPS is maturing in Fidelity. What to do?
Replies: 44
Views: 2817

Re: A TIPS is maturing in Fidelity. What to do?

And I don't have a clear notion of how much time I want to spend on managing my money. On one hand, I have better things to do with my time than watching CD and TIPS rates. On the other hand, once I start looking into something I want to bring it to a closure. Putting the money into a short-term TI...
by BigJohn
Thu Jun 29, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Effect of bankruptcy on ira
Replies: 23
Views: 2145

Re: Effect of bankruptcy on ira

Some pertinent details here https://www.irahelp.com/slottreport/your-ira-protected-creditors-you-may-be-surprised http://www.thetaxadviser.com/content/dam/tta/issues/2014/jan/stateirachart.pdf Not an expert but my read is that federal bankruptcy laws provide some protection but that state laws gover...
by BigJohn
Thu Jun 29, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 21134

Re: Vanguard upgraded my accounts - angry

Thanks GreyingDuke and EngCapt, my discussions with VG on this are a 2 - 3 years old and they said that capability was coming. I guess it has arrived and I was unaware.
by BigJohn
Thu Jun 29, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 21134

Re: Vanguard upgraded my accounts - angry

One disadvantage for the new platform is that you cannot direct dividends to your bank. In the new platform, dividends have to go to the MM settlement account and then manually transferred elsewhere. This is why all my accounts are new platform except my taxable account. I'm sure at some point VG mi...
by BigJohn
Mon Jun 12, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should equals take SS at FRA or Early to preserve portfolio?
Replies: 30
Views: 2966

Re: Should equals take SS at FRA or Early to preserve portfolio?

But anything additional we save in taxable will help make Roth conversions easier. TimeLord, not sure how old you guys are but amount in taxable is just one potential constraint. The other major constraint is having enough years before RMDs and SS kick-in at age 70. After that the lower tax bracket...
by BigJohn
Sun Jun 11, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Should equals take SS at FRA or Early to preserve portfolio?
Replies: 30
Views: 2966

Re: Should equals take SS at FRA or Early to preserve portfolio?

and hopefully end up with only a small portion remaining in tax deferred. Why are you hoping and not calculating? While there are too many variables to be exact, run a few scenarios with your expected retirement expenses coming from various sources between now and age 70. Based on prior posts my se...
by BigJohn
Fri Jun 02, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Drowning in debt
Replies: 52
Views: 5453

Re: Drowning in debt

Chan_va wrote:Sell the asset and pay off the HELOC. You are arbitraging a potential gain of 5% vs. a certain loss of 4%. Sure you get a tax deduction now on the 4%, but you will also pay taxes on the other end on the gain.
This is what I would do in your shoes.
by BigJohn
Wed May 31, 2017 5:21 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 5799

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

Age 60/59, retired two years with a target allocation of 35/65 and planning on deferring SS until age 70. I got to this target using Bill Bernstein's LMP approach to help manage sequence of return risk. It also helps that I have an SWR below 3% and therefore have no pressing need to take more risk. ...
by BigJohn
Sun May 28, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

OK Bob, I'll quite asking you then, thanks
by BigJohn
Sat May 27, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

bobcat, thanks again for all your help/advice but I think we have different definition of what "handle the risk" means. I did not mean to imply that my approach was immune to the risk but I'm confident that I can survive without undue hardship. With a normal SWR below 3% and the possibility to go cl...
by BigJohn
Sat May 27, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

BobK, thanks for the answer and example. I understand the concept of interest rate risk and the fact that it's the same for TIPS and nominal bond. I've put together a 3 fund portfolio that I'm comfortable with handling interest rate risks using an IT nominal bond fund. I understand there are pros/co...
by BigJohn
Sat May 27, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

For safe income over retirement there is little difference between holding an intermediate nominal bond fund and an intermediate TIPS fund. Neither provides a retiree with safe income. You are only kidding yourself, if you think otherwise. Well, I'm really not sure I understand this statement and i...
by BigJohn
Sat May 27, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7558

Re: Avoiding Taxes with RMD

Ged wrote:That is either 90% of the previous year's taxes owed or 100% of the current year's.
Be sure to read special rules for higher AGI and that can trigger a 110% requirement.
by BigJohn
Sat May 27, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

I would add that in none of these duration matching strategies, and that includes TIPS bond ladders, are we going to achieve perfect immunization against changes in interest rates. We are aiming for a relative safe retirement income stream, not perfect protection against interest rate movements It ...
by BigJohn
Fri May 26, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

TIPS are not needed. Stay with the Three Fund Portfolio. abuss, you started one of the longest discussions ever on TIPS ( https://www.bogleheads.org/forum/viewtopic.php?p=2540230 ). Interested in why you say TIPS are not needed. Is there more to it than just your frustration at no/low dividend paym...
by BigJohn
Fri May 26, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

Most of these bonds are a combination of ST & LT TIPS bond funds whose combined duration is matched dynamically thru time with the duration of the investor's remaining life span. This is one of the many ways that the DFA TDFs are consistent with the principles of life-cycle economics. bobcat, w...
by BigJohn
Thu May 25, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 2237

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Dave, in this case I completely agree with your assessment of where the line is. Others, here and at VG/BR, obviously don't and think this is a good idea. So it's grey not because of what you or I think but because 100 people will have 101 opinions on where the line should be drawn.
by BigJohn
Thu May 25, 2017 7:38 pm
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 2237

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

This is an edit. I responded to the OP but after seeing more I realize my original response was due to misunderstanding. I am for robust oversight of corporations to protect shareholder interests regarding their investments. It seems reasonable that if Exxon has assessed risk to specific pending re...
by BigJohn
Thu May 25, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 2237

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

While you might or might not think this is particular issue is valid, the potential precedent worries me. Sure, if you agree with doing this it sounds great but how will you feel next time when you disagree with what they support? There are all sorts of grey areas between compliance (or may be more ...
by BigJohn
Thu May 25, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7558

Re: Avoiding Taxes with RMD

Then "levelize" your AGI by doing Roth conversions each year. Goal for some of us is to have AGI increase maybe 3% or 5% each year prior to age 70 with not "too" big a jump at 70.5 when SS and RMDs start. FWIW, this is my plan for the next 10 years before RMDs and SS both kick-in.
by BigJohn
Wed May 24, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

I just wanted to be sure you recognize that the same goal could be accomplished by adding Vanguard's ST TIPS fund to your LTPZ holdings. Angst, is there any benefit to this vs the VG IT TIPS fund if average duration is about the same? I like simplicity and am comfortable with the risk-return trade-...
by BigJohn
Wed May 24, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Case against long-term TIPS
Replies: 47
Views: 8019

Re: Case against long-term TIPS

Choosing which to buy, like everything else, depends on the individual's circumstances and goals. garlandwhizzer, I recent read this VG paper as I'm trying to decide what, if any, TIPS fund to use. I was intrigued by this comment in their summary Our results imply that a short-term TIPS portfolio m...
by BigJohn
Wed May 24, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

....how much of those "below 3%" annual withdrawals have been comprised of just dividends and interest payments? Interesting point Angst, never thought about that impact. In my case, more than half of my assets are in tIRAs and I'm 10 years from RMDs so until then half or less of my SWR i...
by BigJohn
Mon May 22, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

Vanguard issued a paper.... Thanks dbr, I went looking for and found the paper. Here is their summary Our results imply that a short-term TIPS portfolio may be a more appropriate inflation-sensitive investment than the broad TIPS market for risk-averse investors who want their total portfolio to mo...
by BigJohn
Mon May 22, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

grok, thanks for taking the time to add the details. I understand your points and that may well be a very appropriate approach for some. I decided some time back that building an individual TIPS ladder isn't something I was willing to consider as one of the objectives for my retirement portfolio is ...
by BigJohn
Sat May 20, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Missing my Microsoft Money - any equivalents?
Replies: 34
Views: 4922

Re: Missing my Microsoft Money - any equivalents?

I would suggest downloading the free Microsoft Money Sunset edition. I bought a new computer a few months back and was anxious about what would happen to my old MS Money program and files. I downloaded the Sunset edition and found it was a very easy transition. It loaded without issue and opened my...
by BigJohn
Sat May 20, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4673

Re: Intermediate vs Short Term TIPS Fund

Intermediate-term TIPS are protected against inflation as much as short-term TIPS, but the trade-off is the same as for any other bonds Thanks PJW. One of my key questions was whether the above statement was true. I thought it was but seeing VG choose IT nominal bonds but then ST TIPS for their tar...