Search found 1160 matches

by 1210sda
Tue Aug 15, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6764

Re: Dave Ramsey spends two segments on his investing advice

Using Portfolio Analyzer , since January 1987 through July 2017, the CAGR for VFINX was 10.20% and the CAGR for the DR portfolio was 10.65%. I am not sure whether this factors in the front-end load or not. DR had a slight edge in Sharpe and Sortino Ratio. Looking briefly at the annual returns bar g...
by 1210sda
Mon Aug 14, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6764

Re: Dave Ramsey spends two segments on his investing advice

Larry Swedroe has a wonderful little book (less than 100 pages) called "The Incredible Shrinking Alpha".

If reading that book doesn't convince you that active management beating passive investing is very difficult, then nothing will.

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by 1210sda
Mon Aug 14, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6764

Re: Dave Ramsey spends two segments on his investing advice

Vanguard's 500 fund has a minimal tracking error. (over 99% of the index since inception). Therefore, one can have a high degree of confidence that the fund will approximately match the market return in the future. One can't say that for an American Fund (of comparable risk). The examples being cite...
by 1210sda
Mon Aug 14, 2017 4:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 21
Views: 1818

Re: San Antonio Local Chapter Established

Email link doesn't work for me......
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by 1210sda
Fri Aug 11, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Will vs Living Trust
Replies: 59
Views: 5341

Re: Will vs Living Trust

One benefit mentioned for the trust is privacy of the finances by total avoidance of probate This is a routine pitch used to sell trusts. Probably written by the same guy who wrote the script brokers use on Bogleheads, "You don't really want just average results, do you?" Yep. Under a Will, only th...
by 1210sda
Thu Aug 10, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8115

Re: 4% Rule has changed.....not

I guess the Phd/CFP forgot to mention that many retirees have several years of expenses in "cash" and would not have had to sell any (or very little) equities during those 3 or 4 minus 20% years.

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by 1210sda
Wed Aug 09, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to title residence in a community property state (Texas)
Replies: 0
Views: 173

How to title residence in a community property state (Texas)

Because of the $500,000 capital gains exclusion on a primary residence, does it matter if it's titled as JTWROS or CPWROS?(state of Texas).??

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by 1210sda
Tue Aug 08, 2017 2:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: Celebrating 30 years with Vanguard!
Replies: 25
Views: 1993

Re: Celebrating 30 years with Vanguard!

Ah, such memories. I'm looking at my statement right now. On July 9, 1986 (31 years and almost a month ago) I invested $2,000 In the Vanguard Index Trust 500 Portfolio. Share price was $26.48, so I received 75.529 shares. Yes, the logo was indeed "The Vanguard Group of Investment Companies". This wa...
by 1210sda
Sun Aug 06, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2129

Re: Credit Card company email "Do you recognize this purchase?"

How did they manage to make a charge on a closed account? That would make me think that the account is not closed. If not, why not? Do you want it open? If so it seems that you will be exposed to other potential fraud. I'd ask some more questions. Where did you see "closed"? The OP said that it had...
by 1210sda
Sun Aug 06, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 39
Views: 3327

Re: What criteria warrants a need for Living Revocable Trust?

it's interesting how prior to ATRA 2012, one of the primary reasons for creating a trust was for estate tax purposes (By pass; credit shelter, etc.). Everything else was secondary. (Asset protection, privacy, speed, investment management, etc......). Now, with the $5.5 M exemption and with portabili...
by 1210sda
Sun Aug 06, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2129

Re: Credit Card company email "Do you recognize this purchase?"

Thank you everyone. It is resolved. I went digging through old records and found a statement from Dec 2010 (this was the last time we used the card). The last 4 digits matched the ones on the email. I called the 800# on the statement and they were able to remove the fraudulent charge. Btw, it was a ...
by 1210sda
Sun Aug 06, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2129

Credit Card company email "Do you recognize this purchase?"

I received an email supposedly from Capital One asking "Do you recognize this purchase?" It had two boxes to click on, "Everything's OK", or "Something's Wrong". It gives me the last 4 digits of a CC number. We had a Capitol One CC a long time ago. I don't recall the number on the card and I have no...
by 1210sda
Sat Aug 05, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 5849

Re: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up

I found it. From their website. "Advisory fees can range from 1%-2% of your assets. But with Schwab Intelligent Advisory, you’ll pay just 0.28% of the assets in your account, excluding cash. Get started with as little as $25,000. Larger portfolios benefit from our fee cap – that means a typical inve...
by 1210sda
Sat Aug 05, 2017 8:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Puts Rivals on Notice: Fee Wars Will Only Heat Up
Replies: 62
Views: 5849

Re: "Vanguard Puts Rival Firms On Notice: Fee Wars Will Only Heat Up"

DippityDoo wrote:I wonder if "every product" includes PAS.
I believe that Schwab (or is it Fidelity??) has a cap on how much they'll charge. Somewhere around $3,000.

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by 1210sda
Wed Aug 02, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21135

Re: A poll: How much money do you need to retire?

Where you plan to retire is very important. The cost of living index for New York city is 245. The cost of living in Tucson is 122.

Source: Expatistan

So, if you feel you need $4,000,000 in New York, you'll only need $2,000,000 in Tucson.

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by 1210sda
Wed Aug 02, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3011

Re: Will my older self thank me?

Thanks for starting this thread.

It is great food for thought. Reading all the responses gives me great info to dispense to my offspring (kids, grand kids)as they progress through their young life.

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by 1210sda
Sun Jul 30, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3605

Re: How do you decide if you can afford something?

I guess "afford" means different things to different folks. Boy, ain't that the truth. I can imagine what the brain goes through in making this decision. My "governor" in this decision is my gut. I've learned in my almost 75 years that I can afford anything that my gut lets me s...
by 1210sda
Fri Jul 28, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"
Replies: 42
Views: 5023

Re: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"

aspiringlawyer wrote:Risk in the market vs. risk of starting three businesses

I'll take the first.

+1
I wonder what the failure rate of small businesses is?

As a CFP, he must/should be aware that at 0.16% return, he is losing to inflation.

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by 1210sda
Wed Jul 26, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4214

Re: Grandson just got married. Wants to add wife's name to accts

When I inherited from my parents,I considered, as some recommend here,to keep it separate property.......then I realizedafter 30 yrs of putting up w/ me , DW was more than fully vested so put in the joint pot. This too was a concern. Whether to keep inheritance 1)separate, or 2)in a trust. But you ...
by 1210sda
Tue Jul 25, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4214

Re: Grandson just got married. Wants to add wife's name to accts

Regarding the commingling issues the other posters raised, my advice is to stay out of it unless you are asked for your opinion. If your new granddaughter thinks you have doubts about their relationship and it sours your relationship with her, it may backfire and result in limited future access to ...
by 1210sda
Tue Jul 25, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4214

Re: Grandson just got married. Wants to add wife's name to accts

No tax consequences, but this will likely result in "commingling" of separate (pre-marital) property and marital property. In many states, separate property is not subject to division in a divorce. Once you commingle, it's assumed to be marital property and the spouse gets a share of it i...
by 1210sda
Tue Jul 25, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4214

Re: Grandson just got married. Wants to add wife's name to accts

Meg77 wrote:No, there are no tax consequences to adding a spouse to any type of property, assuming they plan to file taxes Married Filing Jointly.


No gift tax consequences either?

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by 1210sda
Tue Jul 25, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4214

Grandson just got married. Wants to add wife's name to accts

Grandson recently got married.

If he adds his new wife's name to his taxable account at Vanguard, are there any tax consequences?

What about if he adds her name to the title of his home?

Thanks in advance
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by 1210sda
Tue Jul 18, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 4295

Re: Good Service for Flagship Investors

1210, I do about 8 QCDs each year. My flagship rep has been very helpful in completing these. I make an online appointment for him to call me. A couple of days ahead of the call I send him an email with a list with the name of the charitable organizations and their QCD amount and the name and fund ...
by 1210sda
Tue Jul 18, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 4295

Re: Good Service for Flagship Investors

I've had several Qualified Charitable Distributions (QCD) this year. No problems at all. Courteous and efficient.

Only issue I have is that QCD's cannot be handled online. You have to talk to a rep.

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by 1210sda
Sat Jul 15, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: Can American Funds be worth the load?
Replies: 15
Views: 1589

Re: Can American Funds be worth the load?

I've shared in the past that my two oldest investments, both from American Funds, outperformed Vanguard's 500 index from 1991-2016, the relevant time period for me. They've also returned double what the 500 has so far this year. When I figured that up before, I ran the numbers with the highest sale...
by 1210sda
Sat Jul 15, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Can American Funds be worth the load?
Replies: 15
Views: 1589

Re: Can American Funds be worth the load?

I've shared in the past that my two oldest investments, both from American Funds, outperformed Vanguard's 500 index from 1991-2016, the relevant time period for me. They've also returned double what the 500 has so far this year. When I figured that up before, I ran the numbers with the highest sale...
by 1210sda
Sat Jul 15, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Tips and advice from those who had their homes built
Replies: 13
Views: 1241

Re: Tips and advice from those who had their homes built

Hire an inspector. Ours was worth his weight in gold.

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by 1210sda
Wed Jul 12, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 12384

Re: How did you handle the costs of your child's wedding?

What a coincidence that the average wedding costs $35,000 and the average college loan debt upon graduation is $35,000. I guess it's a matter of value judgments.
(assumptions made) :happy

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by 1210sda
Tue Jul 11, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Self insuring LTC
Replies: 15
Views: 1389

Re: Self insuring LTC

Keep in mind too, that if you are single (never married, surviving spouse, etc.) the equity in your house can be used for ltc expenses.

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by 1210sda
Mon Jul 10, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 4607

Re: Dave Ramsey's advice on investing?

Here's a Ramsey rant I found on youtube (that I found when I did a search on this forum). Dave says its just "math nerds" who get caught up in the issue with fees. He gets quite upset when discussing this. m Thanks for the link. I watched the video (all 9min and 35 seconds of it). These p...
by 1210sda
Mon Jul 10, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: $10k House (hypothetical) at 3.75% rate, you pay $6,672.16 in interest after 30 years?
Replies: 49
Views: 4729

Re: $10k House (hypothetical) at 3.75% rate, you pay $6,672.16 in interest after 30 years?

This is a great educational thread. Only problem is that I'm going to have to read all the posts (at least most of them) several times for the logic to sink in. Which smart guy should I believe?


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by 1210sda
Sun Jul 09, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: Bill Bernstein "If You Can"
Replies: 22
Views: 5940

Re: Bill Bernstein "If You Can"

Grt2bOutdoors wrote:While Dr. Bernstein's booklet was directed at Millenials, the advice is truly universal.


Yes it is !!!

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by 1210sda
Wed Jul 05, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 225
Views: 32821

Re: What's the ideal safe retirement net worth target?

If someone is 33 yrs old, earns 300,000, wants $10,000,000 by age 63 and can generate a 7% cagr, they would need to invest about 25% of their income every year ($75,000, Beg of Yr in the first year) assuming a 3% salary increase every year. Their taxes would be about $75,000 per year in the first ye...
by 1210sda
Thu Jun 29, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 12384

Re: How did you handle the costs of your child's wedding?

taguscove wrote: It makes me mildly ill to think that the wedding will cost 6 figures.


I agree, except that it makes me VERY ill.

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by 1210sda
Mon Jun 19, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Trying to save money on prescription drug
Replies: 28
Views: 1544

Re: Trying to save money on prescription drug

BruDude wrote:I have ordered from Northwest Pharmacy and had a good experience with it, received actual brand name meds at a heavily discounted price vs US cost. https://www.northwestpharmacy.com/


Thanks for the link.

How long have you been using this source?

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by 1210sda
Sun Jun 18, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 5416

Re: Best Financial Advice from Dad (in honor of father's day)

My best financial advice from my Dad was not spoken, but conveyed by means of his lifestyle.

He taught me, by example, frugality and sensibility in spending.

Has served me well throughout my life.

Thanks Dad!

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by 1210sda
Sat Jun 17, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Roth 401k to Roth IRA: Earnings can't be rolled over ???
Replies: 12
Views: 957

Re: Roth 401k to Roth IRA: Earnings can't be rolled over ???

I found a blog (20SomethingFinance, G.E. Miller) with the following comment. "When you open a Roth 401k, your employer will open a separate traditional 401k. All matching funds that go into that traditional 401k are pre-taxed, meaning that you are not taxed now, but you are taxed on withdrawals...
by 1210sda
Fri Jun 16, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Roth 401k to Roth IRA: Earnings can't be rolled over ???
Replies: 12
Views: 957

Re: Roth 401k to Roth IRA: Earnings can't be rolled over ???

Nate79 wrote:Are you sure it is a Roth 401k?


Yes, it is a Roth 401k.
It's less than 5 years since it was established. I'm wondering if that factors in.

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by 1210sda
Fri Jun 16, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Roth 401k to Roth IRA: Earnings can't be rolled over ???
Replies: 12
Views: 957

Roth 401k to Roth IRA: Earnings can't be rolled over ???

A young relative of mine switched jobs. When he attempted to rollover(or transfer)his Roth 401k to a Roth IRA at Vanguard, he was informed that only his contributions could be put into the Roth IRA. The earnings and company contributions would have to go to a traditional IRA. Is this correct?? 1210
by 1210sda
Mon Jun 12, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Any advice on buying headstone for a grave?
Replies: 22
Views: 1823

Re: Any advice on buying headstone for a grave?

Hi, this is my business so I think I can be of help. Which gray granite are they using? Elberton (Georgia Gray) or Barre Gray? Both are fine quality btw, the difference being Elberton Gray should be cheaper. I assume the imported is China gray and when it's polished it actually resembles Barre Gray...
by 1210sda
Fri Jun 09, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Jim Rogers predicting "crash of a lifetime" this year or next
Replies: 89
Views: 10760

Re: Jim Rogers predicting "crash of a lifetime" this year or next

I too am very concerned about the coming major crash. That's why I back up my computer on a frequent, regular basis. :happy :happy
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by 1210sda
Thu Jun 08, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 7667

Re: Dave Ramsey Financial Peace University ??? worth it?

My concern with the 12% return "advice" is that it can be misleading. If I'm 35 yrs old and have a goal of reaching $1,000,000 by age 65, and I assume a 12% CAGR, I would need to save $3,700 annually. If my actual return turns out to be 6% or 7%, my portfolio at age 65 would be $310,000 or...
by 1210sda
Sat Jun 03, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard Tax-Managed Balanced Fund (VTMFX)
Replies: 11
Views: 1115

Re: Question on Vanguard Tax-Managed Balanced Fund (VTMFX)

Thank you.
Is the 25% tax bracket considered the break even point in deciding
whether to use taxable or muni bonds??

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by 1210sda
Sat Jun 03, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard Tax-Managed Balanced Fund (VTMFX)
Replies: 11
Views: 1115

Question on Vanguard Tax-Managed Balanced Fund (VTMFX)

Want to be sure that I understand it. The Wiki states that for 2015, the dividend paid was 2.11%. This breaks down as follows: Bond dividend 1.31% and stock dividend .80% which Vanguard said is 100% qualified dividend income. So, this means that a $100,000 investment in VTMFX would generate annually...
by 1210sda
Sat Jun 03, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4352

Re: Time to Move Away from 3-Fund Portfolio?

Even taking some tax hits in less optimal strategies is worth it for my benefactors knowing them. If your wife similarly does not wish to get to the intricacies of the most efficient portfolio, the lifestrategy fund of your choosing likely incurs less "cost" than the PAS fee. Totally agre...
by 1210sda
Thu Jun 01, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Please critique my attorney's suggestions..
Replies: 28
Views: 4520

Re: Please critique my attorney's suggestions..

Not an attorney.

Texas has a new Transfer on Death Deed (TODD) which has only been in effect since November, 2015.

You might want to ask your attorney about it.

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by 1210sda
Wed May 31, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Senility: How do you plan on protecting your money when you lose your mental capacities?
Replies: 72
Views: 6438

Re: Senility and Seductresses: How do you plan on protecting your money when you lose your mental capacities?

This is a very good subject matter for me. I've written a lot of instructions for DW in the event I predecease her. We gone over them at length and even have a Letter of Instructions (LOI)for Vanguard. I feel comfortable that she will be able to manage. She is not as involved as I wish she would be ...
by 1210sda
Wed May 17, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 58
Views: 9932

Re: Is the Vanguard Balanced Index Fund all you need?

Bogleheads - I have wondered how many investors would be better off over the long term with this one fund in all types of accounts (i.e. taxable and tax advantaged) and simply pay any tax due. When I consider the alternative of frequent trading, high expenses, turnover, manager risk, and so forth t...