Search found 2869 matches

by alec
Fri Feb 16, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Summer Camps in Maine
Replies: 6
Views: 610

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: 985

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: 771

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: 1082

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: 825

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: 603

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: 332

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: 303

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: 303

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: 552

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: 1314

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: 386

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: 794

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: 8816

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: 214
Views: 22864

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: 214
Views: 22864

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: 214
Views: 22864

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: 1648

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: 7693

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: 214
Views: 22864

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: 1648

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: 3280

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: 1392

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: 1275

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: 2324

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: 1275

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: 2324

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: 6307

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: 1260

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: 960

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?
by alec
Sun Dec 31, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: How do companies offering to buy securities get shareholder information?
Replies: 2
Views: 336

Re: How do companies offering to buy securities get shareholder information?

While this is appears to be a comment on a rule filing (or something) with the SEC, it may provide some good background. Maybe others can comment on the accuracy of it. https://www.sec.gov/comments/s7-14-10/s71410-22.pdf Focus on the parts that talk about the "non-objecting beneficial owners" or NOB...
by alec
Tue Dec 26, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: E*Trade no longer offering free real time quotes
Replies: 9
Views: 1118

Re: E*Trade no longer offering free real time quotes

Do they give u delayed quotes at the time you’re entering an order with a limit price?
by alec
Fri Dec 22, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Exempt for Social Security
Replies: 16
Views: 1093

Re: Exempt for Social Security

Are you sure you are not covered by SS? You still have to pay the 1.45% for Medicare. Looks like the OP is covered by SS: http://www.state.nj.us/health/hr/documents/benefits.pdf SOCIAL SECURITY COVERAGE All employees have social security coverage. Permanent employees (and some temporary employees) ...
by alec
Fri Dec 22, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard tax-exempt bond funds -- Are they worth it?
Replies: 16
Views: 2641

Re: Vanguard tax-exempt bond funds -- Are they worth it?

Generally, money you may need in the short term (<5 years, for example) for a specific purpose should probably go into guaranteed (FDIC) account of some sort - perhaps CDs. If you are willing to accept that the $20k you put in a bond fund is only worth $18k (plus whatever interest it paid you along...
by alec
Wed Dec 20, 2017 7:02 pm
Forum: Investing - Theory, News & General
Topic: Large difference between VTI and VTSAX
Replies: 13
Views: 1687

Re: Large difference between VTI and VTSAX

fantasytensai wrote:
Wed Dec 20, 2017 6:37 pm
Oh my god. Totally forgot. I can't believe I asked such a noob question!
Time to have a drink, relax, and stop looking at investments every day. :beer :sharebeer
by alec
Mon Dec 18, 2017 10:11 pm
Forum: Investing - Theory, News & General
Topic: DB vs. Variable Benefit Pension
Replies: 1
Views: 322

Re: DB vs. Variable Benefit Pension

If you google Variable Benefit/Pension Plan the first coupe links explain it pretty well. Looks to be similar to a DB pension plan except the participant (you) take the investment risk, not the employer. So, your benefit depends on the performance of the pension fund.
by alec
Sun Dec 17, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Buying a new sofa with two young kids?
Replies: 36
Views: 2450

Re: Buying a new sofa with two young kids?

My kids are 15 and 12, and they can’t drink anything but water in the living room. They still drop stuff EVERYWHERE.
by alec
Sat Dec 16, 2017 12:47 pm
Forum: Investing - Theory, News & General
Topic: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?
Replies: 42
Views: 1896

Re: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?

As a future early retiree I have been spending far too much time and effort trying to figure out an AA while balancing income needs for the years before FRA with those after once we start receiving SS and small pensions. So I think I am settling on something like 120 months (10 years) of full expen...
by alec
Fri Dec 15, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Active vs. index funds in a recession:
Replies: 11
Views: 982

Re: Active vs. index funds in a recession:

Ask and ye shall receive. From Vanguard: The Active-Passive Debate: Bear Market Performance Executive summary. We often hear of the benefits active equity management can provide during periods of market stress. One familiar point is that an active manager can alter a portfolio’s makeup to invest in ...
by alec
Thu Dec 14, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 2277

Re: any sense in purchasing an annuity before retirement?

If your SPIA offers a an effect safe 5% (inflation adjusted) return based on your initial surrender of capital, then it seems like a good deal, compared to a potentially risky 4% return from a stock/bond portfolio. For some people, being able to sleep at night is part of the benefit of an investmen...
by alec
Mon Dec 11, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 2992

Re: Early Retirement - Lump Sum vs. Annuity

I retired about 4.5 years ago, with much the same situation and choices as the OP: Age 55 (DW also 55), with just under 33 years at the same company. Had the option of taking a lump sum of similar size or all of the same non-COLA annuity choices the OP has. I decided to take the lump sum for a coup...
by alec
Sun Dec 10, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 32
Views: 1735

Re: Do DFA Funds have lower trading costs than Index Funds?

They stated that index funds in general rebalance once every year when the index they track rebalances. When this occurs the index funds need to shift their allocations accordingly and quickly to minimize tracking error. This leads to non flexibility in regards to time (since it needs to occur quic...
by alec
Mon Nov 20, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Lynch wants personal info--How to deal
Replies: 33
Views: 3560

Re: Merrill Lynch wants personal info--How to deal

BTW, I just read the link that alec provided (thank you!). It said that they can ASK for the information, but customers are not required to provide it. It's for the company to make investment recommendations--we don't want any recommendations from ML anyway. Yeah, I'd just tell them to go stick it,...
by alec
Mon Nov 20, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Lynch wants personal info--How to deal
Replies: 33
Views: 3560

Re: Merrill Lynch wants personal info--How to deal

Merrill is probably gathering info to comply with the know your customer/suitability rules. http://www.finra.org/investors/suitability-what-investors-need-know I’d read “to better serve you” to mean “so I can try to sell you our high fee financial products.” :D Did your MIl have a full service broke...
by alec
Tue Nov 14, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: "No Transaction Fee" (NTF) hidden fees; TDAmeritrade
Replies: 8
Views: 1294

Re: "No Transaction Fee" (NTF) hidden fees; TDAmeritrade

I agree completely with the article, of course. There's a reason why you don't see any dirt cheap mutual funds in the now old-fashioned NTF fund platforms. Those funds almost universally have 12b-1 fees that have you paying for the NTF platform. And I am positive that "platform payments" from fund ...
by alec
Wed Nov 08, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Ran out of space for bonds in tax-deferred accounts. Now what?
Replies: 17
Views: 2126

Re: Ran out of space for bonds in tax-deferred accounts. Now what?

Depending on your tax bracket, you may want a low cost muni bond fund.
by alec
Wed Nov 08, 2017 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 1025

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Op, I think bonds are an area where Active investing often outperforms passive investing, even with higher ER expenses. I hold some PIMCO (PONPX) in the Portfolio along with VCSH and BIV. :beer Eh, it's been a few years, but all of the studies I read concluded that, once you choose the type of bond...
by alec
Tue Nov 07, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Corporate Bond ETF listing announced
Replies: 8
Views: 1310

Re: Vanguard Total Corporate Bond ETF listing announced

How is it truly a "Total" Corporate Bond ETF if it is only investment-grade bonds? Would you need high-yield exposure, or at the very least an ETF like iShares Fallen Angels USD Bond ETF (FALN) ? I don't know the answer myself, but it seems strange to call it a "Total" bond fund. Is it simply becau...
by alec
Thu Nov 02, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Future Fed: Autism, Insurance, and the cost of ABA Therapy
Replies: 25
Views: 2487

Re: Future Fed: Autism, Insurance, and the cost of ABA Therapy

Used to get ABA and OT for my son though I'm not a federal employee so our insurance was different. What's you maximum out of pocket? Those co-pays certainly add up but they should count towards your deductable and maximum out of pocket for the year. We crunched the cost of the insurance premiums c...