Search found 61948 matches

by livesoft
Sat Sep 22, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to fund education for grandchildren: various strategies? Help?
Replies: 4
Views: 211

Re: How to fund education for grandchildren: various strategies? Help?

Yes, ask the parents. You can tell them that you heard that 529 plans funded by grandparents and owned by grandparents is great because no tax interference with their own tax returns nor the child's tax returns. UTMA/UGMA have tax return consequences. Also warn them of overfunding in case others get...
by livesoft
Sat Sep 22, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Question
Replies: 8
Views: 523

Re: Bond Fund Question

I would be putting money into Total Bond now rather than Short-term Investment Grade (STIG) simply because the blue line is below the orange line. When the orange line goes below the blue line, then I would put money into STIG. When they are close together, then it really doesn't matter what one doe...
by livesoft
Sat Sep 22, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: New job. Need help adding funds to my new 401k
Replies: 8
Views: 406

Re: New job. Need help adding funds to my new 401k

jbuenoo wrote:
Sat Sep 22, 2018 8:59 am
I was also thinking of the 2060 Multi-Index fund. Here is what it holds: https://imgur.com/a/JgIxWoN
LOL! That wasn't too helpful. What is in that first fund? Also what's the other 10% of the fund? Talk about obfuscation!
by livesoft
Sat Sep 22, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: New job. Need help adding funds to my new 401k
Replies: 8
Views: 406

Re: New job. Need help adding funds to my new 401k

Why did responders miss all the index funds that are offered? Hint: Fund names have "multi-index" in them. I'd pick one of them and just call this done. But why not tell us what one of them has in it please? A 2060 Multi-Index fund is going to be aggressive growth. A 2020 Multi-Index fund is going t...
by livesoft
Sat Sep 22, 2018 5:55 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Question
Replies: 8
Views: 523

Re: Bond Fund Question

My question is..... would I benefit from transferring some of the money in my Total Bond Fund to the Short Term Investment Grade Bond Fund? Below is a chart I made at Morningstar.com comparing the Growth Of $10,000 in VBTLX (total bond) and VFSUX (short-term investment grade) over the past 3 years:...
by livesoft
Fri Sep 21, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1852

Re: New car - 0% loan or $500 rebate

If you have the cash, buy the car with a credit card like the Fidelity 2%. Get $434 cash back, and pay off card right away. Get the lower price, no loan and free $434. You might encounter slight difficulties finding a dealer who will eat that fee and the risk of a chargeback. I just bought a car wi...
by livesoft
Fri Sep 21, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Timing vs planning -- what would you do?
Replies: 8
Views: 595

Re: Timing vs planning -- what would you do?

Nope, I'm doing nothing of the sort. I'm not even reading such articles because they are a waste of time and I have better things to do.

We are the same age, my spouse is working and I am retired. Living the dream, so no need to speculate about junk articles like the one you described.
by livesoft
Fri Sep 21, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 45
Views: 2956

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

@FrankLUSMC, tells us what your bond funds in your asset allocation are doing while you are thinking about your equities and cash please.
by livesoft
Fri Sep 21, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: One thing I dislike about TDFs
Replies: 20
Views: 809

Re: One thing I dislike about TDFs

I thought the bogleheads rule of thumb was 50% in international equities because that's about the market weight.
by livesoft
Fri Sep 21, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1916

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

My bank is WellsFargo. For some reason, I've never paid a fee to them, so they have not cost me a dime. They have free accounts and even free accounts for your teenagers. What financial literacy was actually taught? Full disclosure: I consider all banks and credit unions to be "a pack of crooks." We...
by livesoft
Thu Sep 20, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Would Stop Orders with ETFs protect against a downturn?
Replies: 21
Views: 1218

Re: Would Stop Orders with ETFs protect against a downturn?

If you plan to hold your portfolio forever, then it won't always be small, so you should start with a good outfit that has been around a long time AND that charges no commissions, no fees for the things that you want to buy. That pretty much restricts your choices in the USA to Fidelity, Schwab, Van...
by livesoft
Thu Sep 20, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Would Stop Orders with ETFs protect against a downturn?
Replies: 21
Views: 1218

Re: Would Stop Orders with ETFs protect against a downturn?

So 1/2 in bonds. Any certain group of bonds? Rest in stocks. Any certain ETF or fund? Or an ETF that is already 1/2 and 1/2? You are ready to read about the 3-fund portfolio: https://www.bogleheads.org/wiki/Three-fund_portfolio But you can also use a Target Date fund from the vendor of your choice.
by livesoft
Thu Sep 20, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Bad Investments Within Foundation
Replies: 5
Views: 278

Re: Bad Investments Within Foundation

Hard to know. If the investment committee is donating lots of money to the foundation or doing development work by getting clients to donate, then maybe they pay for their keep and the funds they chose.
by livesoft
Thu Sep 20, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13315

Re: What is your single most expensive mistake?

Majoring in Chemistry/Biochemistry. Every time I hang up on a recruiter wanting to pay me $15 an hour (with an MSc and 10 years experience) with no or crap benefits reinforces that. Hmmm. Majoring in Biochemistry was my single biggest win! As for mistakes, I have made a lot of not so expensive mist...
by livesoft
Thu Sep 20, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2101

Re: What is a reasonable fee charged by financial planners?

Don't forget that a financial planner is not the same as a financial advisor nor an investment manager nor a salesrep. Those latter folks can sometimes call themselves a financial planner without doing any work of financial planning. In particular, I haven't seen evidence that Vanguard provides a fi...
by livesoft
Thu Sep 20, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Would Stop Orders with ETFs protect against a downturn?
Replies: 21
Views: 1218

Re: Would Stop Orders with ETFs protect against a downturn?

I would be buying things that dropped enough to trigger your stop orders. In other words, I think you are thinking about doing it backwards and will not have as many gains as I will have.
by livesoft
Thu Sep 20, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 34
Views: 2599

Re: Buying VWIUX Today

For more market timing fun please note that the FOMC will meet next week and raise the FFR. Everybody knows that, but what they don't know is which adjectives and adverbs will change in the FOMC summary statement released on Wednesday.
by livesoft
Thu Sep 20, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Watching for Dividend Ex-Date - any tips?
Replies: 13
Views: 783

Re: Watching for Dividend Ex-Date - any tips?

Google the ticker and the word "dividend" as in: DGS dividend then select the FUND SPONSOR web site to look for declaration date, ex-dividend date, payout date, etc. One can look to see what dates were used in 2017. Hint: For WisdomTree, there will be a Press Release with the information as in: http...
by livesoft
Thu Sep 20, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 96
Views: 4807

Re: Physical Banking - Any benefits anymore?

I've banked by e-mail or internet since the early 1970s when I first started depositing my paychecks. I would mail in my endorsed paycheck along with my passbook and get it back about a week later with an entry neatly typed in by hand. Nowadays, my internet bank is also a brick and mortar bank. The ...
by livesoft
Thu Sep 20, 2018 2:50 am
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 58
Views: 5337

Re: I see now why Rollovers can take FOREVER ....

But tuningfork isn't suggesting an in service rollover. He's saying just withdraw it and pay the taxes. Surely that is allowed by someone over 59.5 regardless of whether they are still employed or not? I got that. Nope, it is not "Surely", but depends on the specific plan. For instance, my spouse's...
by livesoft
Wed Sep 19, 2018 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX/VTIAX vs FSTVX/FTIPX in Roth IRA
Replies: 2
Views: 337

Re: VTSAX/VTIAX vs FSTVX/FTIPX in Roth IRA

I think that when expense ratios are this low and taxes are of no consequence, then you gotta think about things like "Does this fund follow its index better than the other one?" and "Will following this index instead of that index lead to what kind of better performance?" I think the answers to tho...
by livesoft
Wed Sep 19, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2101

Re: What is a reasonable fee charged by financial planners?

Maybe he can refer you to someone who does that kind of work and/or suggest what one should pay for that?
by livesoft
Wed Sep 19, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 44
Views: 3303

Re: Should I bother meeting with a Chase Private Client Rep

Are some of these reps private subcontractors to Chase? That is, they work for themselves, but camp out in the bank building, but are not paid by Chase.

BTW, the JPMorganChase employee 401(k) is outstanding with passively-managed low-expense ratio index funds.
by livesoft
Wed Sep 19, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Matter/scatter, part 9. Small-cap value and the "ten-fund portfolio."
Replies: 10
Views: 1017

Re: Matter/scatter, part 9. Small-cap value and the "ten-fund portfolio."

^Thanks for the response. I had forgotten about the Sharpe ratio. So a take away might be that 2 portfolios with same standard deviation, the one with the higher Sharpe ratio has less risk. I'l go out on a limb and say maybe that just means the data is tainted? :)
by livesoft
Wed Sep 19, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: Why are there so few long-term investors?
Replies: 18
Views: 2674

Re: Why are there so few long-term investors?

Why are there so few long-term investors? Most funds and ETFs have such great turnover. After Warren Buffett you would be hard pressed to think of the next big long term investor. If 99% of shareholders are long-term, but the other 1% trade insanely multiple times a day/week/month/year, would not t...
by livesoft
Wed Sep 19, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Unrealized losses in a bond fund
Replies: 12
Views: 856

Re: Unrealized losses in a bond fund

We don't know what will happen to bond fund NAVs in the near term, but I will make a prediction anyways: Bond fund NAVs have dropped about 1% in the past month despite the known FFR hike that will be announced September 26, I expect a "relief rally" that afternoon when the shoe actually drops. So an...
by livesoft
Wed Sep 19, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: It seems simplke bot of course not! Benchmarking ...
Replies: 14
Views: 676

Re: It seems simplke bot of course not! Benchmarking ...

In order to know what benchmark to use, I think you have to know what asset allocation is that your portfolio has been following. Fidelity has an Analysis tool to tell you the asset allocation of your portfolio. I have described it in this post: https://www.bogleheads.org/forum/viewtopic.php?p=22488...
by livesoft
Wed Sep 19, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Unrealized losses in a bond fund
Replies: 12
Views: 856

Re: Unrealized losses in a bond fund

It appears you may be using average cost for the basis. Selling all shares could allow you to use specific identification for the cost basis method when you restart a position from scratch in a month or so. Using a short-term muni in the meantime is a good idea.
by livesoft
Wed Sep 19, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3932

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

Thank you for that random story that has no relevance to this thread It's nice when it seems that an elderly relative makes a rational selection for someone to manage their portfolio. It doesn't always happen. At work, I'm sure that people around you can pick up the slack if you become prematurely ...
by livesoft
Wed Sep 19, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Unrealized losses in a bond fund
Replies: 12
Views: 856

Re: Unrealized losses in a bond fund

I don't think you are going to hurt yourself by popping into interm-term for 31 days. Besides you probably have to TLH some of your interm-term at that point anyways.
by livesoft
Wed Sep 19, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3932

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I heard of a gentleman with an MBA from the Booth School of Business. His deceased mom made sure that his inheritance was administered in trust with his two other brothers (who had no particular financial education qualifications) as trustees. I guess his mom didn't like the University of Chicago.
by livesoft
Wed Sep 19, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

^Same story for us shifted by 20 years. Back then. Except we did live well below our means (a euphemism for "like poor people"?) until long afterwards since we've been alive.
by livesoft
Wed Sep 19, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2101

Re: What is a reasonable fee charged by financial planners?

TIAA offers free-of-charge wealth managers to help with the decisions that the OP is asking about. So my new question: Did you contact TIAA for help?

viewtopic.php?t=208571
by livesoft
Wed Sep 19, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3932

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

^Don't forget that the aunts/uncles can pre-decease grandmother. Then then cousins will be involved. Time has a way of changing things, too. You will probably be alright, but I would still prepare ahead of time for conflict and get inoculated against that by some more formal agreement along with a w...
by livesoft
Wed Sep 19, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Funds / brokerage / bank fee comparison site
Replies: 2
Views: 205

Re: Funds / brokerage / bank fee comparison site

I don't have a site because generally in the US of A, it is trivial to find places that have no fees, no commissions, and low-expense ratio index funds. However, for European investors, an opportunity exists to create such a site and monetize it through online ads. Frankly, I'm surprised that there ...
by livesoft
Wed Sep 19, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

I, for one, am not wondering where all the poor retirees are. They are everywhere. I see them all the time.
by livesoft
Wed Sep 19, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

So the conclusion is that the majority of retirement-age Americans have something to live on.
by livesoft
Wed Sep 19, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

Please use "retirement-age" the same as Full-Retirement Age (FRA) for Social Security.
by livesoft
Wed Sep 19, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

Is is safe to say that "The majority of retirement-age Americans are retired" ?
by livesoft
Wed Sep 19, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3582

Re: Does this job exist (another want-to-quit-corporate-world thread)?

No, I never had one of these jobs. I spent a week living with seasonal NPS rangers in Yellowstone. During that time they described how they got their jobs, how they had to re-apply every year, how the government hiring freeze was affecting them. Since one of them was a veteran, that person got extra...
by livesoft
Wed Sep 19, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

So where do all these retired people that I see all over the US come from? I suspect people do not tell pollsters the truth about their savings.
by livesoft
Wed Sep 19, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Unrealized losses in a bond fund
Replies: 12
Views: 856

Re: Unrealized losses in a bond fund

I own a couple short-term corporate bond index funds, but not in taxable accounts. I'd sell to realize the losses and not buy ST Corp Index again in taxable if I was in a tax bracket where using intermediate-term munis fund made sense. So some confusion: Limited-term tax exempt and LT tax-exempt mea...
by livesoft
Wed Sep 19, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: Stock market scenarios
Replies: 12
Views: 878

Re: Stock market scenarios

1. TIAA Real Estate Account is in an old 403(b) that I have. It is not a REIT. Search the forum. 2. Taxable account currently has Total US Stock Market Index, US Large-cap Index, Large-cap foreign indexes (VEU, VEA), and a small-cap value index (VBR). No new purchases have been made in taxable in a ...
by livesoft
Wed Sep 19, 2018 7:42 am
Forum: Investing - Theory, News & General
Topic: Matter/scatter, part 9. Small-cap value and the "ten-fund portfolio."
Replies: 10
Views: 1017

Re: Matter/scatter, part 9. Small-cap value and the "ten-fund portfolio."

Perhaps the following question was answered by you in another matter scatter post, but ... It seems that there is no free lunch in that all the portfolios with a higher average performance have a higher standard deviation. If one adjusts the equity:bond asset allocation to get the same standard devi...
by livesoft
Wed Sep 19, 2018 6:38 am
Forum: Personal Consumer Issues
Topic: Patio furniture covers
Replies: 8
Views: 658

Re: Patio furniture covers

Never had covers for our patio furniture. And since your furniture will sit in a screened porch, I don't see the need for covers. I have friends that had covers because they had messy trees which left debris and tannin stains on their outdoor furniture. The covers stiffened and rotted in the sun and...
by livesoft
Wed Sep 19, 2018 5:30 am
Forum: Investing - Help with Personal Investments
Topic: UTMA help.... advice needed for inherited UTMA
Replies: 9
Views: 492

Re: UTMA help.... advice needed for inherited UTMA

However, this would enable you to rollover the balance in the UTMA account to a UTMA 529 account prior to college. If you and the student will be on the bubble of financial aid. UTMA accounts can be very detrimental to the FAFSA calculation. But its not like a student-owned 529 account is not detri...