Search found 2888 matches

by alec
Wed Jul 11, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5274

Re: Anyone take naps at work?

We have several wellness rooms with recliners in the basement of our building. I used t take naps during lunch after my kids were born.
by alec
Mon Jun 11, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Balance Plan- Should I participate
Replies: 8
Views: 682

Re: Cash Balance Plan- Should I participate

oldcomputerguy wrote:
Mon Jun 11, 2018 11:28 am
Forgive my ignorance, but what is a “cash balance plan”? I’m not familiar with the term.
Cash Balance Pension Plans
by alec
Wed May 16, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 6937

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

Here's Zvi Bodie earlier this month talking about retirement planning. While he doesn't explicitly mention the separation property, it is definitely the framework he is using in planning for retirement. For the surrogate for the risk-free asset he discusses duration matching with ST & LT TIPS funds...
by alec
Thu May 03, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 6937

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

Question for BobK. Does the risky asset have to be equity? No, but typically the mix of risky assets is mainly equity. Stated differently, could my portfolio choice be risky = total bond, and risk free = TBills? It could be, but that would be unusual. That's true both on the risky asset side and th...
by alec
Fri Apr 27, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on SPACs? [Special Purpose Acquisition Company]
Replies: 5
Views: 547

Re: Thoughts on SPACs?

csm14 wrote:
Wed Apr 25, 2018 9:49 pm
Any thoughts on this as an investment?

http://www.socialcapitalhedosophiaholdi ... index.html
Nope. But u can read the latest 10-k.
by alec
Wed Apr 25, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on SPACs? [Special Purpose Acquisition Company]
Replies: 5
Views: 547

Re: Thoughts on SPACs?

Once the SPACs start trading on an exchange, secondary market, u can buy shares through your broker.
by alec
Sat Apr 21, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help evaluate portfolio & retirement plan
Replies: 5
Views: 736

Re: Help evaluate portfolio & retirement plan

In addition, Blackrock US LC Eqty (0.01) Blackrock US SC Eqty (0.04) Blackrock Non-US Eqty (0.08) Blackrock US Bond (0.04) Hard to beat these four funds in the 401k. If you can (at your tax bracket), you may want to hold as much bonds as possible in the 401(K)'s. You should consider selling the bon...
by alec
Mon Apr 09, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3432

Re: Anyone tried a sunrise alarm clock?

SimonJester wrote:
Mon Apr 09, 2018 12:48 pm
Will it get my teen aged son out of bed in the mornings earlier then 5 minutes before he has to goto school :?:
LOL! I open my teenage son’s door and let the cats jump on him. That and I make him go to bed by 9 pm.
by alec
Wed Apr 04, 2018 5:57 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 13
Views: 1504

Re: Maryland 529 College Investment Plans

dcr1984 wrote:
Tue Apr 03, 2018 8:14 pm

(Followup question - is there a dedicated section on the Forum where I can ask regional-specific questions such as this?)

Thanks!
There’s no regional specific forum, but Generally, if you put the state or county in the title of your post, people will see that.
by alec
Mon Apr 02, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 42
Views: 3835

Re: Cleaning up new house before move in—getting rid of “cat smell”

The people before us in our house had two dogs, to which I'm pretty allergic. We: 1. Repainted - wall and ceilings - used the Kilz primer too. 2. Replaced all the carpet (and pads) in the house. 3. Duct cleaning. ... in that order, so really didn't use drop clothes because we were going to replace t...
by alec
Sat Mar 31, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 4150

Re: Why does it seem there are so many bad/poor 401K plans?

Maybe the people in charge, the owners of the company, make most of their money from things besides the 401k plan. Hence, they don’t really care about 18k per year, when they’re making tens or hundreds of thousands per year.
by alec
Thu Mar 29, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds and WSJ article.
Replies: 12
Views: 1619

Re: Muni bonds and WSJ article.

To summarize article in today’WSJ, more and more of city and state budgets are consumed by medicaid and pension obligations. States such as Illinois is bordering on bankruptcy and cities are receiving less funding from states in order to balance their budgets. Does this raise any concern by Bogelhe...
by alec
Tue Mar 27, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 9960

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

Serious question. Is there, in fact, any real body of real-life data on the actual experiences of real retirees who have actually closely followed one or another retirement plan? My preconception is that no, I doubt that there is. Before the 401(k) became really popular, which probably means some t...
by alec
Tue Mar 27, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't max out 457
Replies: 21
Views: 1770

Re: Employer won't max out 457

Did the OP get the plan document for the 457 plan? That should have any restrictions in it.
by alec
Thu Mar 15, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 14926

Re: Large life style creep that was completely worth it

Car with leather heated seats.
by alec
Wed Mar 07, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 53
Views: 3779

Re: Colorado Summer Vacation - what to see and where to stay

Thanks for all the great responses. We've decided to stay a few days in Estes Park and mostly in Keystone/Breck area. Cover RMNP with Estes Park as the base; Summit County, Glenwood Springs and Colorado Springs area keeping the Keystone/Breck area as the base. Maybe spend some time in Denver either...
by alec
Fri Mar 02, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Fails In Fixed Income
Replies: 25
Views: 2997

Re: Larry Swedroe: Active Fails In Fixed Income

Hmmm. Vanguard's Tax-Exempt bond funds are actively managed and low cost. Do we really want to index (presumably by random sampling from the very large universe) muni bond investments? Reminds me of a doctor friend who bought individual munis, including some linked to a hospital in New Orleans. Whe...
by alec
Fri Feb 16, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Summer Camps in Maine
Replies: 6
Views: 711

Re: Summer Camps in Maine

I went to a sleep away summer camp in NH for two weeks for 7 summers. It was great, but took a little getting used to for this introvert.
by alec
Mon Feb 12, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: Deferred Income Annuity
Replies: 10
Views: 1198

Re: Deferred Income Annuity

jumppilot wrote:
Mon Feb 12, 2018 6:24 pm

Edit to add: When I'm retired I plan on having an annuity covering my expenses. I want that protection.
Then why not invest the money in your 401(k) in bonds and buy a life annuity when you retire with some of the money from the 401(k)/IRA?
by alec
Mon Feb 12, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: New Career with benefits.
Replies: 7
Views: 906

Re: New Career with benefits.

Ive talked to people who say that the target date fund is the best to do, but I also know that index funds tend to do really well with lower fees. I would love some input from everyone! Thanks in advance. Well, the target date funds you have access to are pretty low fee, but not as low as the other...
by alec
Sun Feb 11, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 14
Views: 1238

Re: officiate a marriage

State laws differ on who can officiate at a marriage. In Florida a notary public is authorized to do so. Gill +1. Check with NY state and the local county. My wife's friend officiated our wedding in VA. All it took was one form to fill out and a small deposit, but ours wasn't affiliated with any re...
by alec
Fri Feb 02, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Another help with AA
Replies: 14
Views: 1000

Re: Another help with AA

How much of the ESPP is capital gains?
by alec
Wed Jan 31, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 6
Views: 665

Re: Portfolio advice

Well, a really simple hands off approach would be to rollover old employer 401 and 403b to vanguard IRAs, and the use either the target retirement income or life strategy income funds for all IRAs and Roths, depending on what stock/bond percentage you want.

-Alec
by alec
Tue Jan 30, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Which retirement income option should I choose (partial annuitization or not)?
Replies: 2
Views: 382

Re: Which retirement income option should I choose (partial annuitization or not)?

Option 2 seems reasonable, but what happens is you live past 97? Is this the only income streams you'd have, other than social security?

Have you looked at annuitizing both accounts now? Perhaps using the graded method first?
by alec
Tue Jan 30, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on 403b options - Guaranteed interest or bonds?
Replies: 5
Views: 422

Re: Advice on 403b options - Guaranteed interest or bonds?

Personally, I'd have no problem using nothing by the Prudential fixed account in the 403(B) b/c I'm comfortable with the ratings:

http://www.investor.prudential.com/phoe ... ol-ratings

Looks like PICO is one step below TIAA.
by alec
Tue Jan 30, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on 403b options - Guaranteed interest or bonds?
Replies: 5
Views: 422

Re: Advice on 403b options - Guaranteed interest or bonds?

Is the prudential account backed only by Prudential insurance company?
by alec
Tue Jan 30, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Another Cancel Life Insurance Question
Replies: 7
Views: 641

Re: Another Cancel Life Insurance Question

I agree. Doesn’t seem to be a need for life insurance.
by alec
Fri Jan 26, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Active Management? - Vanguard's Wellesley Income / Wellington funds
Replies: 12
Views: 1711

Re: Active Management? - Vanguard's Wellesley Income / Wellington funds

Is the active management within this fund somehow in line with the investment style of Vanguard, overall? IMO, yes. Bogle and Vanguard are all about costs, the lower the better, and consistent investment style. For example, Vanguard's muni bond funds. Both funds are relatively cheap, especially adm...
by alec
Wed Jan 24, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Fixed retirement
Replies: 5
Views: 458

Re: Bond Allocation Fixed retirement

Any advice on my Stock/Bonds allocation at 53 years-old. I am in public sector and have a mandatory retirement in exactly 4 years. ( I may work P/T but assuming I will not). I have roughly 700,000 in accounts. In addition, I will start collecting my 50,000/defined benefit in 4 years, with Cola's to...
by alec
Tue Jan 23, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: Medicare plan G supplement costs?
Replies: 15
Views: 991

Re: Medicare plan G supplement costs?

Whiggish Boffin wrote:
Tue Jan 23, 2018 7:03 pm

The list that's now shown on the Virginia website is for third quarter of 2017. I don't know if other state governments provide such a list.
Here's Maryland - http://insurance.maryland.gov/Consumer/ ... ation.aspx
by alec
Tue Jan 23, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9770

Re: Working in the real world

Has your daughter and her boyfriend actively shopped/networked/applied for more lucrative positions in different locales? Where are they employed or did they come home and find what they could in their hometown? A lot of steady industries are in major growth right now, amazed finance and engineerin...
by alec
Sat Jan 20, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 27971

Re: Case study Broker trade executions

Open market has many more participants than a handful of internalizers typical retail broker brokers exclusively route order to. When I last looked into it, I saw some brokers using just one internalizer or market maker. I don't know how much price competition happen in those scenarios. If you want...
by alec
Sat Jan 20, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 27971

Re: Case study Broker trade executions

There is one trade that really stands out. That is one reason for the screen capture. I had several orders to buy at the 30.42 that were getting no love. Then all of a sudden, they all executed. I surmise that somebody got their broker to sell with a block trade over 100,000 shares for a penny less...
by alec
Fri Jan 19, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 27971

Re: Case study Broker trade executions

I was selling a small amount of a fairly high volume ETF (around $10,000) at Etrade today, and I had set a limit order for (say) 20.50 over an hour ago. I jsut checked right now, and the ticker shows the last trade executed at (say) 20.52, but my order was not. I can understand that a limit order p...
by alec
Thu Jan 18, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 25
Views: 1894

Re: Is a Stable Value fund just a Variable Annuity?

DartThrower wrote:
Thu Jan 18, 2018 2:22 pm
Thanks for your thoughtful reply Alec.
Np. Always a pleasure to help out another Iggles fan. :beer

My brother and sister in higher ed use TIAA traditional.
by alec
Thu Jan 18, 2018 6:02 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 8783

Re: Short Commute or Nicer House?

Will u both have longer commutes in #2?

You can use Google maps traffic function to see how long it would take to drive from one place to another at various times of the day.
by alec
Wed Jan 17, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 27971

Re: Case study Broker trade executions

Interactive Brokers has an order type called split spread which apparently execute at the mid of bid/ask. Anyone tried it? Commercial for it is pretty interesting/comic :? https://www.youtube.com/watch?v=Jw7QWyN_2Zg This link seems a little more informative https://www.interactivebrokers.com/en/ind...
by alec
Wed Jan 17, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 25
Views: 1894

Re: Is a Stable Value fund just a Variable Annuity?

I have the opportunity to purchase TIAA Traditional through work, but have not done so. I'm still trying to make sense of the apparent ability of the product to yield higher than an intermediate bond fund and also maintain a stable value. I'll take a stab at your questions, but others might want to...
by alec
Wed Jan 10, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3549

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

yeah, this seems like S.O.P. for the brokerage industry.
by alec
Tue Jan 09, 2018 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: SS Retirement Benefits for Widow with Minor Children
Replies: 14
Views: 1585

Re: SS Retirement Benefits for Widow with Minor Children

If you were married at least 10 years and are unmarried at age 60, I believe you can claim your husband's SS retirement benefit if it is larger than yours. I also think you can claim your own for early retirement, then switch to his at full-retirement age, again assuming his is larger. (Visa-versa ...
by alec
Sat Jan 06, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401k "Fears"
Replies: 9
Views: 1370

Re: 401k "Fears"

PFInterest wrote:
Sat Jan 06, 2018 8:18 pm
1) incorrect.
2) nothing.
:thumbsup :thumbsup
by alec
Sat Jan 06, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: panicked- how to convince family to get life insurance
Replies: 21
Views: 2510

Re: panicked- helping family pick term insurance

Her medication costs alone lead to 6k a year. life insurance is about 4.8k a year based on a quick check online. SS would definitely cover all of their expenses right now on their combined SS. They just have a home equity which they said was pretty low on their mortgage total current income is 39k ...
by alec
Sat Jan 06, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: 401k "Fears"
Replies: 9
Views: 1370

Re: 401k "Fears"

1. Assume a job change for whatever reason. Ideally, I'd like to roll my 401k over into a simple 3-fund portfolio or a vanguard TDF. However, imagine a case where there's a bear market PLUS simultaneous job loss. I'm young and I've never experienced a roll over before but it seems as though it woul...
by alec
Sat Jan 06, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: panicked- how to convince family to get life insurance
Replies: 21
Views: 2510

Re: panicked- helping family pick term insurance

Given their health, life insurance is probably going to be cost prohibitive. Does the SS cover all their expenses and is the house paid for? If so, even if FIL dies, MIL could either sell the house or do a reverse mortgage to cover rest of expenses. My grandmother lived pretty much on nothing but SS...
by alec
Thu Jan 04, 2018 6:35 am
Forum: Investing - Theory, News & General
Topic: Did everyone in the early 80s have their money in CDs?
Replies: 77
Views: 6777

Re: Did everyone in the early 80s have their money in CDs?

Howdy I graduated and started work in 1977. High double digit CD yields were common. I had my share. Your time and money would have been much better spent buying 30 year treasuries, which I think peaked around 15% yield in 1982. It would have been nice to have that coupon for the next 30 years. Dra...
by alec
Thu Jan 04, 2018 6:32 am
Forum: Investing - Theory, News & General
Topic: How long will Ishares etfs be commission free at Fidelity?
Replies: 11
Views: 1523

Re: How long will Ishares etfs be commission free at Fidelity?

This may be the factor that makes me go with Fidelity in st tofu Vanguard but don't want to be charged commissions for Ishares in the future. So long as ishares pays a platform fee to fidelity. I imagine it could also be the payment for order flow the market makers pay fidelity to get their custome...
by alec
Sun Dec 31, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Where to go now with investments
Replies: 4
Views: 1048

Re: Where to go now with investments

Yeah, using some of the 250k in cash to pay off a mortgage sounds good. Have u considered setting up a retirement plan for your small business?