Search found 1359 matches

by 1210sda
Tue Jun 19, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 798

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

As to income from VTMBX, were they pretty consistent in the amount of tax exempt and the amount of taxable dividends from year to year? That's a good question. I don't have my mother's statements but glancing at her tax returns it seems that they don't vary more than about 10% from year to year (wh...
by 1210sda
Tue Jun 19, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 798

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

Reading some of the data on the fund, it almost seems too good to be true. Hope not. What is it about the fund that almost seems too good to be true? I have never owned shares of the fund, but I have investigated it. It looks as if recently about 60% of its distributions are federally tax-exempt, w...
by 1210sda
Tue Jun 19, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 742

Re: Arrangements for spouse to manage investments on death

I have our financial house in order and hope to retire in 3 years @ 55. Have a 401k, 2 Roths and a taxable account all invested in index funds. The taxable account will be the hardest to deal with. You'll have to balance tax in-efficiency against simplicity. 1210 And I can't do it due to unrealized...
by 1210sda
Tue Jun 19, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 742

Re: Arrangements for spouse to manage investments on death

corn18 wrote:
Tue Jun 19, 2018 11:34 am
I have our financial house in order and hope to retire in 3 years @ 55. Have a 401k, 2 Roths and a taxable account all invested in index funds.
The taxable account will be the hardest to deal with. You'll have to balance tax in-efficiency against simplicity.

1210
by 1210sda
Tue Jun 19, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 798

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

My mother holds a small amount of this fund. She would actually be upset if she knew that it partially invests in stocks but what she doesn't know won't hurt her. She will never sell it or buy more because she wants to keep everything the way my father left it. I talked my father into buying it abo...
by 1210sda
Tue Jun 19, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 798

Re: Seeking input from folks invested in Van. Tax Managed Balanced Fund

Thank you David. I'm aware of your views from previous posts. One of my suppositions is that the principal would not be touched except by my heirs. We've made the decision to have a balanced fund in taxable for a variety of reasons. What I'm doing is comparing the differences between three of them.....
by 1210sda
Mon Jun 18, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Seeking input from folks invested in Van. Tax Managed Balanced Fund
Replies: 10
Views: 798

Seeking input from folks invested in Van. Tax Managed Balanced Fund

Anyone who is invested in VTMFX, can you tell me your experiences with it?

In particular the income from the fund and the tax-ability of that income.

Reading some of the data on the fund, it almost seems too good to be true. Hope not.

Thanks

1210
by 1210sda
Mon Jun 18, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 1884

Re: Vanguard Balanced Index Fund Admiral Shares (VBIAX)

Is Vanguard Balanced Index Fund Admiral Shares (VBIAX) a horrible choice for a taxable account? For me,"it depends". In principle, fixed income belongs in tax advantaged. I agree with that. But, I have special circumstances which may apply to you as well. Currently we use the 3 fund portfolio with ...
by 1210sda
Sat Jun 16, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9733

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Except that the American Funds that he recommends have done quite well even after paying the loads. Once again, "When" he made the recommendation is critical. 1,Did he recommend them many,many years ago when their performance history was not great and then they became great? 2. Or, is he recommendi...
by 1210sda
Fri Jun 15, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 36
Views: 3347

Re: Are Bogleheads smarter than the bond market?

Is that what your Investment Policy Statement says, ....switch to shorter maturity/duration bonds when interest rates are going up??

Mine says.....stay the course.

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by 1210sda
Fri Jun 15, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9733

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Apparently, DR doesn't understand the role of fixed income investments in a portfolio.

OTOH, they seem to be ok in a balanced fund!

Go figure.

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by 1210sda
Thu Jun 14, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Will Vanguard/Fidelity automatically deduct QCD from RMD?
Replies: 27
Views: 2385

Re: Will Vanguard/Fidelity automatically deduct QCD from RMD?

Not too long agom making a QCD required calling Vanguard and having the rep create it. Now, (not sue when it started), I can do it online. In the "2. Where is the money going?" section, click on "Send me a check" and a box appears asking if this is a QCD. When you click on that, you are able to type...
by 1210sda
Mon Jun 11, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9733

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

i have no doubt that certain funds have beat the market over the years. Picking them after the fact is quite easy. I'm just asking if dr can show that he actually made these investments back then, as opposed to laying claim to them only today.
1210
by 1210sda
Mon Jun 11, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9733

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

are his boasts all anecdotal, or has he ever provided audited statements ??

1210
by 1210sda
Fri Jun 08, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 66
Views: 8903

Re: The Psychology of Money - A Blog Post

For me, this one stood out .....

"Wealth, in fact, is what you don’t see. It’s the cars not purchased. The diamonds not bought. The renovations postponed, the clothes forgone and the first-class upgrade declined. It’s assets in the bank that haven’t yet been converted into the stuff you see."

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by 1210sda
Tue Jun 05, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17907

Re: Don’t cheat yourself with the 4% rule

Just for reference,...

Amortizing $1,000,000.

PV: $1,000,000
N: 30 years
Pmt: -$40,000
FV: zero
Int: 1.31% real

it takes just 1.31% real return

Of course there's sequence of return, wild inflation, yada, yada,

1210
by 1210sda
Sun Jun 03, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

We are currently in the 3 fund portfolio. If I predecease my spouse, she will exchange all ( taxable and tax advantaged) into Lifestrategy. 1210, In a perfect world, I would like to leave a similar plan in place for my spouse to execute after my demise. But I can't get past reducing what's left for...
by 1210sda
Sun Jun 03, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Asset Location Gets REALLY Complex [Tax-ajusted asset allocation]
Replies: 21
Views: 2165

Re: Asset Location Gets REALLY Complex

So i really doesn't matter that much..... so glad to hear that. Thanks Longinvest !! I'm even more motivated to have my wife (if I predecease her) move every thing to a LS fund (or similar) in both Taxable and Tax advantaged accounts. The simplicity of not having to re balance or having to decide wh...
by 1210sda
Sun Jun 03, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Difference between Tradional and Rollover IRA
Replies: 14
Views: 1164

Re: Difference between Tradional and Rollover IRA

What are the advantages of moving your rollover IRA from Vanguard to a new employer's plan ? If you have a Vanguard IRA, I'm not aware of any administrative fees, the fund's expense ratio are very low and you have access to all Vanguard funds. Moving to a new employer's plan might have admin fees a...
by 1210sda
Sat Jun 02, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Difference between Tradional and Rollover IRA
Replies: 14
Views: 1164

Re: Difference between Tradional and Rollover IRA

What are the advantages of moving your rollover IRA from Vanguard to a new employer's plan ? If you have a Vanguard IRA, I'm not aware of any administrative fees, the fund's expense ratio are very low and you have access to all Vanguard funds. Moving to a new employer's plan might have admin fees an...
by 1210sda
Sat Jun 02, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

We are currently in the 3 fund portfolio. If I predecease my spouse, she will exchange all (taxable and tax advantaged) into Lifestrategy. As we determine our future tax brackets (as best we can), due to RMD and single filing status for the survivor, we may change to the Tax Managed Balanced fund fo...
by 1210sda
Fri Jun 01, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Best comprehensive Larry Swedroe book?
Replies: 23
Views: 1294

Re: Best comprehensive Larry Swedroe book?

Larry, glad to see you posting again. Do you have an idea as to when your new book will be available for us? Looking forward to it. Agree with Livesoft that "The Only Guide You'll Ever Need for the Right Financial Plan" is one of my favorite Swedroe books. However, my number 1 favorite is "The Incre...
by 1210sda
Thu May 31, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

One thing that I have not seen mentioned is that even if you are able to manage a complex portfolio well now and it works well for you, you cannot count on always being able to do that. One of the early signs of dementia, can even less severe normal cognitive decline as you age, can be having a har...
by 1210sda
Wed May 30, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

1210sda, Thank You, it's good to hear... Meet some Millennial's (that I read, excellent info). Let's math this up... Early Retirement Now, Dr. ERN PHD. Economics. Actuary On Fire, MS Actuary. Four Pillar Freedom, BS Statistics. Millennial Revolution, BS Engineering. (me) SJ. BS Finance. Our generat...
by 1210sda
Wed May 30, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

In my case, it's simplicity for my heirs, not just for me. Excellent point ! I do it for the same exact reason. Even to the extent of accepting the small tax inefficiencies of having a Lifestrategy Fund or the Balanced Index fund in a taxable account. I believe the simplicity benefits for them (of ...
by 1210sda
Wed May 30, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11601

Re: To be or not to be complex, that is the question

I went through this website. It's really good. I was "shocked" to learn that the creator "Zach" is only 24 years old.

Thanks Snarly for providing the link.

1210
by 1210sda
Tue May 29, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Cruise ships for multi-generational family
Replies: 61
Views: 3169

Re: Cruise ships for multi-generational family

Also, be prepared for the "joy" of dis-embarking. Even if everything goes right, it's still a hassle. If there are any glitches (arriving late at the port, shortage of customs agents, etc.) it can be shall we say..difficult. Ships have a procedure meant to promote an orderly departure. But, it's not...
by 1210sda
Thu May 24, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Retirement Calculator
Replies: 14
Views: 1637

Re: Dave Ramsey Retirement Calculator

BTW, who the heck is Chris Hogan? What's his claim to fame? Is he one of Dave's ELP's?

1210
by 1210sda
Thu May 24, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Retirement Calculator
Replies: 14
Views: 1637

Re: Dave Ramsey Retirement Calculator

I can't figure it out. I used 30 yrs, 1,000 per month, 12% return and zero present value. The Future Value per Dave's calculator is $3,243,511. I input the same info into my HP 12c financial calculator and got the following results: 1. End of period contributions (i.e.end of month) had a FV of $3,49...
by 1210sda
Wed May 23, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Buying a Woman's Tag Heuer On-line
Replies: 41
Views: 2349

Re: Buying a Woman's Tag Heuer On-line

How do you pronounce "heuer"???? :?
1210
by 1210sda
Mon May 21, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Basics
Replies: 23
Views: 2159

Re: Estate Planning Basics

bsteiner wrote:
Fri May 18, 2018 10:48 am
You could include a disclaimer trust for the surviving spouse in case the surviving spouse waives anything passing to him or her upon the first spouse's death.
Bruce, are you saying that a surviving spouse can't disclaim unless they have a disclaimer trust??

1210
by 1210sda
Mon May 21, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Basics
Replies: 23
Views: 2159

Re: Estate Planning Basics

Read: Books on Wills, Trusts, and Estates Beyond the Grave: The Right Way and the Wrong Way of Leaving Money to Your Children (And Others) https://www.amazon.com/gp/product/0887307035/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 Thanks for the book recommendation, I just ordered it. Be aware of the p...
by 1210sda
Sun May 20, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Wow! Just discovered "Portfolio Visualizer".
Replies: 6
Views: 2487

Wow! Just discovered "Portfolio Visualizer".

I'm kind of late on this, but I just discovered PV. Just so many tools. It's hard to know where to begin. Out of curiosity, I first tried the "Historical Efficient Frontier". I used both the Boglehead's 3 fund portfolio and Stocks/Bonds 60/40 (essentially the Vanguard Balanced Index Fund). Wanted to...
by 1210sda
Thu May 17, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1317

Re: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??

Nisi,

Thanks so much. :D I always look forward to your responses. You must have been a school teacher in a past life.

1210
by 1210sda
Thu May 17, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1317

Re: Is Vanguard's Tax Managed Balanced Fund (VTMBF) truly passive/Index??

pkcrafter wrote:
Thu May 17, 2018 10:00 am
VTMFX is the ticker, and no, it is not a passive, index fund.
Paul
Thanks Paul, I corrected the ticker.

1. Would you say that it's "almost" an index fund?
2. For those of us who believe in the passive philosophy, do you consider this a major "no no"?

1210
by 1210sda
Thu May 17, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??
Replies: 16
Views: 1317

Is Vanguard's Tax Managed Balanced Fund (VTMFX) truly passive/Index??

Based on it's investment strategy, is VTMBF truly an Index/Passive fund?? Investment strategy The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 7 and 12 years. At least 75% of the municipal bonds p...
by 1210sda
Tue May 15, 2018 10:12 am
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 2921

Re: How did you fall in love with investing?

My involvement with personal finance and investing began in the mid-seventies. 1. Even though it may be considered irrelevant today, back then Money magazine was one of the few places to learn about investing. Because of Money, I made my first index fund investment...Vanguard Index Trust, 500 Portfo...
by 1210sda
Tue May 15, 2018 9:55 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9855

Re: Yes, I'm 89 all right!

HAPPY BIRTHDAY, JACK!! You have got to be the most selfless person ever. I have the greatest admiration and respect for you. In this world of mutual fund billionaires (the Johnson's, etc.) you could have been the biggest among them. Yet, you chose to give back to all the "little guys". There has got...
by 1210sda
Wed May 09, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis: Average Cost at Vanguard. Can I change to Specific ID
Replies: 2
Views: 448

Cost Basis: Average Cost at Vanguard. Can I change to Specific ID

I have shares of VTSAX (Vanguard Total Stock Market Admiral) in a taxable account. I had selected Average Cost for my cost basis method. I would like to change this method for future purchases and sales to Specific ID. Do I have to do anything at the time of the future purchase, or does this only co...
by 1210sda
Tue May 08, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 104
Views: 12627

Re: Total Bond - SEC yield breaks 3%

Short term Investment Grade Admiral (VFSUX) has an SEC yield of 3.05% and an average duration of 2.6yrs.

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by 1210sda
Tue May 01, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 16213

Re: Trinity Study updated to 2018

First thing to notice is that actual spending varies a lot from year to year. Instead of going up 2% or 3% per year like the CPI model would indicate, actual spending goes down -15%, up +30% etc. Grayfox, What was the reason for such large variances in spending? Is this something that could be plan...
by 1210sda
Tue May 01, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 16213

Re: "Safe Withdrawal Rates? Complexity vs. Simplicity"

If I recall, Taylor's method was the 'common sense' approach; withdraw as much as you need and as you think your portfolio can support. To some this might be a "common sense approach". To others it might be a "seat of the pants approach" While we should not blindly follow a mathematical model of sp...
by 1210sda
Mon Apr 30, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 16213

Re: "Safe Withdrawal Rates? Complexity vs. Simplicity"

So what happened? We simply withdrew what we needed and kept an eye on our portfolio balance. Most years our balance went up and we spent the money on vacations, luxuries and charity. When our balance went down we tightened our belt and economized. Taylor: 1. How did you know that by withdrawing wh...
by 1210sda
Wed Apr 25, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: 401k only up to the match and the rest in IRA's...
Replies: 7
Views: 812

Re: 401k only up to the match and the rest in IRA's...

Thank you Bucky Badger. My thoughts were that there is no additional advantage to the employee to invest in the 401k beyond the "match". By investing any additional desired savings in an IRA (say at Vanguard), you would have the ability to invest in low cost mutual funds and without having to pay a ...
by 1210sda
Wed Apr 25, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401k only up to the match and the rest in IRA's...
Replies: 7
Views: 812

401k only up to the match and the rest in IRA's...

Recently read a recommendation to contribute to your 401k only up to the match and any additional savings to an IRA. The company's 401k program had limited choices and was expensive. Is this a sound recommendation ? If you have a 401k at work, how much more can you contribute to an IRA (either tradi...
by 1210sda
Sun Apr 22, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 32088

Re: KF's simple rules to achieve FI

Folks, As I had said right at the beginning of the thread, the difference between saving at a high level or not comes down to the big purchases: house, car, and college education. This is true for many folks. At my level, it is usually the house. KlangFool Yep! I would add....Private school (K-12),...
by 1210sda
Fri Apr 20, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9516

Re: NYT article: Everyone should hire a financial planner

There may be times when you need a financial planner and times when you don't need a financial planner.

But if you don't know whether you need a financial planner, you need a financial planner.

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by 1210sda
Fri Apr 20, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 5110

Re: Factor in evaluating Physicians

daveydoo wrote:
Fri Apr 20, 2018 3:21 pm
But when you are bought and paid for by a drug (or other) company, you are not objective.
How is the patient suppose to know if his/her physician was "bought and paid for by a drug (or other) company"?

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by 1210sda
Fri Apr 20, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 5110

Re: Factor in evaluating Physicians

Wow! One of my physicians is on the list for big bucks. Mostly "promotional speaking/other" and "consulting". I am concerned about damaging our relationship (which is quite good right now) by questioning him on this. What I will use this information for is to keep a wary eye on any brand name drug r...
by 1210sda
Wed Apr 18, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9075

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

1. SWR takes inflation into account. 2. Based on 4% SWR for 30 years, 2.5% SWR seems acceptable for 50 years. 3. You have no desire to leave an inheritance. (unless your portfolio does better) 4. You'll be getting social security at age 62 to 70. 5. You'll be on medicare at age 65 6. Hopefully you h...