Search found 1406 matches

by 1210sda
Sat Dec 15, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Law school without practicing law
Replies: 54
Views: 3038

Re: Law school without practicing law

Very interesting and informative thread

OP, thanks for posting. Hope you find your answer among all the input you have received.

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by 1210sda
Sun Dec 09, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, Estates and Trusts
Replies: 28
Views: 2565

Re: Wills, Estates and Trusts

Bruce you stated: "Of course in order for the revocable trust to work for this purpose, the other person has to be a currently acting trustee, not merely a successor trustee. What should one do in the following scenario: 1.Husband and Wife are co-trustees. 2. Daughter is the successor trustee 3.Husb...
by 1210sda
Sun Dec 09, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, Estates and Trusts
Replies: 28
Views: 2565

Re: Wills, Estates and Trusts

A major advantage of a living trust comes while you are alive. It can be far easier for the trustee of your trust to manage your affairs if you become incapacitated than for someone to do it under a durable power of attorney. Once you are dead avoiding probate is simply a nice bonus. It can be a bi...
by 1210sda
Mon Dec 03, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral
Replies: 5
Views: 430

Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral

I have approximately $150,000 in VFSUX with about a $3,000 loss,i.e. a current cost basis of $153,000 . (Yielding 3.44%) 1. Which Vanguard fund should I use as the substitute fund for the next 30 days to avoid having a wash sale? The best yield that I can find is VSGDX (Vanguard Short Term Federal F...
by 1210sda
Sun Nov 25, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1214

Re: Not Itemizing. Can I use Turbotax Basic? or Why not?

Turbotax Basic doesn't include a 1 state return in case you need it. Don't need state. Just asking if Basic is adequate for non itemizers. (therefore, don't need "it's deductible"). Maybe I'm missing something, but it would seem with the new standard deduction, a lot of taxpayers could get by with ...
by 1210sda
Sat Nov 24, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1214

Re: Not Itemizing. Can I use Turbotax Basic? or Why not?

Thank you.

Was this just a recommendation?

Was this true of the CD or the download also?

Was Basic not able to generate the appropriate form(s)?

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by 1210sda
Sat Nov 24, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Not Itemizing. Can I use Turbotax Basic? or Why not?
Replies: 11
Views: 1214

Not Itemizing. Can I use Turbotax Basic? or Why not?

Due to the larger standard deduction, I will not be itemizing for the first time in quite a while. I would like to use Turbo Tax Basic 2018 this year.

What circumstances would make this a bad (or at least non-optimal) choice?

Thanks

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by 1210sda
Sat Nov 10, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 85
Views: 9882

Re: Amazon says TurboTax 2018 will be released November 12

I use H&R Block's software on a Mac, and the 2018 version was available and I downloaded it last night. I think all the forms I need are there. I'm sure Intuit won't be far behind. Does the H&R B software include a "what if" worksheet? Turbo Tax includes it and it's great for doing many what if sce...
by 1210sda
Fri Nov 09, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Which Turbo Tax (for 2018) under the Tax Cut and Jobs Act
Replies: 2
Views: 607

Which Turbo Tax (for 2018) under the Tax Cut and Jobs Act

I, along with many, will not be itemizing for 2018. I will not have any capital gains (except for mutual fund distributions) although I am subject to taking RMD's. For this year, will Turbo Tax Basic be adequate? Does Basic include a "What if" worksheet. This is very important to me. Thanks, as usua...
by 1210sda
Sat Aug 25, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 14043

Re: 2000-2018 retirement - sequence of returns

Homer J,

Have you considered adding "cash" to the portfolio ?

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by 1210sda
Fri Aug 24, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107052

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Incredible thread. 660 posts in 10 days and going strong. Reading this is like reading a text book. At a time when international is underperforming, it's a great reminder why I shouldn't cut and run. I'm glad I have an Investing Policy Statement. Just need to stay strong enough to follow it. Thanks ...
by 1210sda
Mon Jul 16, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3572

Re: Balanced Funds and Sequence of Return Risk

If you rebalance, then, there is no difference between the 3FP and the balanced fund. KlangFool With the 3FP, if stocks are down, you can w/d bonds. With the Balanced Index fund,for example, every w/d is 60% equities and 40% fixed income. You can't choose which asset class to withdraw from. 1210 Th...
by 1210sda
Mon Jul 16, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3572

Re: Balanced Funds and Sequence of Return Risk

If you rebalance, then, there is no difference between the 3FP and the balanced fund. KlangFool With the 3FP, if stocks are down, you can w/d bonds. With the Balanced Index fund,for example, every w/d is 60% equities and 40% fixed income. You can't choose which asset class to withdraw from. 1210
by 1210sda
Mon Jul 16, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3572

Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also help...
by 1210sda
Mon Jul 16, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10151

Re: What rate of return are you using for retirement projections?

Didn't Bengen's 4% SWR take into account SoR?

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by 1210sda
Sun Jul 15, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10151

Re: What rate of return are you using for retirement projections?

Variability of return - A statistical measure of how much your return varies over the period of time. See the wiki: Variation of returns Sequence of return risk - Over the long term, the market return will rise over time. However, it doesn't do that in a straight line. Over a short period of time, ...
by 1210sda
Sun Jul 15, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3785

Re: Like Lifestrategy Funds but???

Speaking of the 3 fund portfolio (to compare returns). It would seem, and my research might be a bit faulty but, the 10 year returns for LS 40 are 5.97% and a 40-60 3FP (3 fund portfolio) has a return of 6.39. Does that surprise anyone? Does anyone have better data for comparison? Disclaimer: past ...
by 1210sda
Sun Jul 15, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10151

Re: What rate of return are you using for retirement projections?

SQRT wrote:
Sun Jul 15, 2018 12:29 pm
How do your models deal with variability of return and sequence of return risk?
What's the difference between them?

1210
by 1210sda
Sat Jul 14, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14975

Re: Early retirement

I retired the first time at age 49 from Megacorp. I remember two experiences in particular. First, my young son was telling his friend's mother that I had retired early. She looked at me with a wink and told my son...of course he did. She assumed that I had been laid off, but she would keep my secre...
by 1210sda
Sat Jul 14, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 7207

Re: Dave Ramsey made me laugh today

Since stocks will return 12% every year like clockwork, who needs bonds? Dave also says an 8% withdrawal rate is safe. Future Value of various returns (using $100,000 as the PV and a 30year term) >>>12% each and every year: 100,000 x 12% x 30 years = $2,995,992 >>>If he meant 10.5% CAGR: 100,000 x ...
by 1210sda
Fri Jul 13, 2018 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3785

Re: Like Lifestrategy Funds but???

"and it requires just a few minutes each year to rebalance." Reminds me of this old Archie Bunker episode: Archie has a TV repairman come by to fix his TV. When he's done, he presents Archie with a $50.00 repair bill (obviously a long time ago). Archie objected saying "$50 ?, all you did was connec...
by 1210sda
Thu Jul 12, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?
Replies: 17
Views: 1277

Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?

What are the factors you consider in deciding whether to file a claim for some bodywork or to pay it out of pocket. How can one determine if next year's premium will increase by more than what the insurance company pays for the claim? When does the premium increase drop ? Does it make a difference w...
by 1210sda
Sat Jul 07, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 10151

Re: What rate of return are you using for retirement projections?

Using broad market ultra-low cost index funds, I would use the following nominal expected 30 year returns for planning: 2.0% inflation 2.5% cash and cash-like 4.0% intermediate-term bonds 7.0% global equities 5.5% balanced 60/40 with some cash Rick Ferri Just making sure.....global equities include...
by 1210sda
Fri Jul 06, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Active Management Justification
Replies: 33
Views: 2163

Re: Active Management Justification

I’d fire my broker. You can always find a chart or fund that looks better than an index. The thing is, you can only find it for sure in hindsight. JT Using a chart of historical performance is quite lame. Apparently this broker views his clients as naive. Thank you Jack, Taylor, Rick, Larry, Dr. Bi...
by 1210sda
Thu Jul 05, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2006

Re: "Wall Street Physician reviews The Bogleheads' Guide to the Three-Fund Portfolio"

Good info. From the review it sounds like anyone already reading this forum would have little to no benefit from the book. Yep, nothing really new, just a re-affirmation. I like it because the principles behind a three fund portfolio are all presented very concisely in one place. What I've done is ...
by 1210sda
Wed Jul 04, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2006

Re: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]

Mel Lindauer wrote:
Wed Jul 04, 2018 1:48 pm
I like John's recommendation for Vanguard to turn the three-fund portfolio into a one-fund portfolio, holding Taylor's three funds in market cap weighting in a single fund. Talk about the ultimate in simplification.
There would still be objection(by some) to this fund in a taxable account.

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by 1210sda
Tue Jul 03, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Fed survey: 40% of adults cannot cover a $400 emergency expense
Replies: 48
Views: 5338

Re: Fed survey: 40% of adults cannot cover a $400 emergency expense

SQRT wrote:
Tue Jul 03, 2018 7:36 am
Why are Bogleheads so fascinated by stories like this? Get over it. Just be happy and thankful we are so smart/lucky/disciplined.
My interest in stories like this is because it allows me to show my kids what can happen in life.

1210
by 1210sda
Mon Jul 02, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 3034

Re: Retirees- How hard is it to dial spending down/up?

OP(Poultryman); You've gotten some pretty good advice from the BH posters. I would only add....if you intend to cut back because of a negative market, when do you cut back? In January because the market was down 4% . In July when you start to think it's going to be a bad year, or in November when y...
by 1210sda
Mon Jul 02, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 3034

Re: Retirees- How hard is it to dial spending down/up?

OP(Poultryman); You've gotten some pretty good advice from the BH posters. I would only add....if you intend to cut back because of a negative market, when do you cut back? In January because the market was down 4% . In July when you start to think it's going to be a bad year, or in November when yo...
by 1210sda
Mon Jul 02, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: Robert Merton on NewRetirement Podcast
Replies: 46
Views: 5346

Re: Robert Merton on NewRetirement Podcast

The NewRetirement podcast is relatively new, but Steve Chen has had an all-star lineup thus far - Bill Bernstein, Jonathan Clements, Allan Roth, Big ERN, Morgan Housel, and Chris Mamula Continuing the trend, Robert Merton is the guest on today's episode. I got about half way through it on my drive ...
by 1210sda
Wed Jun 27, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7930

Re: Are we just way over complicating this?

My wife however would have a very difficult time even rebalancing the classic 3 fund portfolio. investing and math just isn’t her thing and she has absolutely no desire to be involved. how quickly adverse things can happen in life and how quickly I may be out of the picture. For me, this is the mos...
by 1210sda
Wed Jun 27, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2342
Views: 1472491

Re: The Three-Fund Portfolio

Leesbro63: VTEBX/VTEAX (Tax-Exempt Bond Index) charges a 0.25% load on non-ETF shares. I'd probably go for VWITX (Intermediate-Term Tax-Exempt) or possibly a State Tax-Exempt Fund. We're dancing on the head of a pin. Best wishes. Taylor Is there anything wrong with using the ETF on this? 1210
by 1210sda
Tue Jun 26, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: The cost of reducing portfolio volatility
Replies: 25
Views: 2707

Re: The cost of reducing portfolio volatility

Interesting analysis. Thanks for posting. Thus. . . a middle ground approach: Outstanding write up on the 64/40 allocation by Bernstein. http://web.archive.org/web/20061214061904/http:/dfmadvisors.com/pdf/Bernstein6040.pdf R. Ferri on Bernstein's 60/40 http://www.etf.com/sections/index-investor-cor...
by 1210sda
Sat Jun 23, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2940

Re: Taxes from dividends getting high.. how to handle?

OP, Lots of good suggestions from fellow BH's. If you still need more ideas, try the Vanguard Tax Managed Balanced Fund. (dependent on how high your tax bracket is, that you have at least $10,000 to invest, and can accept the~50/50 asset allocation). Div yield is a little over 2%.....>than 1% in QDI...
by 1210sda
Fri Jun 22, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3527

Re: Why Active can never beat Passive

But aren't the "scared out passive investors" really active investors? They may be reluctant market timers? Doesn't passive mean passive all the time? 1210 The most common definition I’ve seen sums up the money in “passive” vehicles which I agree can be traded actively. For your strict definition o...
by 1210sda
Fri Jun 22, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3527

Re: Why Active can never beat Passive

But aren't the "scared out passive investors" really active investors? They may be reluctant market timers?

Doesn't passive mean passive all the time?

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by 1210sda
Fri Jun 22, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 227
Views: 39687

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

It's all crazy and across the board. I placed my order on June 1, 2018 and my estimated delivery is between Jul 2 and July 9.

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by 1210sda
Fri Jun 22, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3527

Re: Why Active can never beat Passive

There are plenty of unsophisticated individual investors holding tilted portfolios, and the alpha of actively managed funds could potentially come from preying on them. Larry Swedroe says that a skilled asset manager can generate a small amount of alpha on a gross return basis, but only by exploiti...
by 1210sda
Fri Jun 22, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3527

Re: Why Active can never beat Passive

To me, alpha is additional return "without" additional risk. As Larry Swedroe points out in his book "The Incredible Shrinking Alpha", alpha is becoming increasingly difficult to attain. Larry says that a skilled asset manager can generate a small amount of alpha on a gross return basis , but only b...
by 1210sda
Fri Jun 22, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 22143

Re: Can you retire on $2M?

Is $2m total net worth or retirement portfolio value? Do you own or rent (renters are subject to greater inflation risk than home owners?) Portfolio value. Not including retirement accounts. Hypothetical. This is interesting, " not including retirement accounts". Many folks have the bulk of their n...
by 1210sda
Thu Jun 21, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Fund
Replies: 16
Views: 2159

Re: Vanguard Total International Fund

yousha wrote:
Thu Jun 21, 2018 4:37 pm
I am disappointed at its performance over the years (5). Interestingly, many financial "experts" continue to recommend it. Why?
If all your investments are doing well at the same time, you aren't properly diversified.

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by 1210sda
Thu Jun 21, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3642

Re: is Ed Jones always bad news?

I've seen mostly reasonable portfolios posted here from EJ. Lots of American Funds. The problem for us DIY'ers is the advisory fees, fund fees and loads. This could add up to 2%. When you've planned to take 4% (or less) of your portfolio as a safe withdrawal rate in retirement, giving 2% to EJ seem...
by 1210sda
Wed Jun 20, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 14770

Re: Oh my! Cardone says we need $10m net worth

Where did this Cardone guy come from? Prior to the OP's post, I had never heard of him.

Surely not one of the "giants" in the industry.

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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: 1050

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: 1050

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: 1011

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...