Search found 24102 matches

by dbr
Thu Dec 14, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 31
Views: 2407

Re: Where to save cash over 5 years.

get_g0ing wrote:
Thu Dec 14, 2017 11:12 am


I find myself agreeing with you.

Just for curiosity, when you said:
"You would use a longer term tax exempt fund if you will accept the volatility and are in a high tax situation"
What Vanguard fund would that be?
Maybe intermediate term tax exempt VWIUX.
by dbr
Thu Dec 14, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 31
Views: 2407

Re: Where to save cash over 5 years.

That's a good explanation, thank you. I'm not selecting between these. VMLUX, VWSUX, along with FBIDX (Fidelity U.S. Bond Index Fund) were recommended in response to my original post (post #1). When I researched FBIDX, it looked similar to VBMFX. So I wanted to know what was the difference between ...
by dbr
Thu Dec 14, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 21
Views: 1445

Re: Ameriprise :(

At this time I'm only inquiring about their life insurance. We've been told before that we don't need the life insurance but it seems odd not to have it after all these years, what with us being closer to death than ever before, lol. You do or don't need life insurance depending on what situation t...
by dbr
Thu Dec 14, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Investment Account for yearly vacations
Replies: 16
Views: 895

Re: Investment Account for yearly vacations

I can't see any reason for a separate account. Spending on vacations is not different from all other categories of spending. We finance spending by collecting SS and pensions and withdrawing from a portfolio of stocks and bonds. There are no buckets or special accounts. That could be different if on...
by dbr
Thu Dec 14, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 31
Views: 2407

Re: Where to save cash over 5 years.

Can someone explain the difference between VBMFX and the other two funds mentioned above, VMLUX and VWSUX. When would you use each of these? (In searching online, I see that the other fund mentioned FBIDX, is same as VBMFX). Tell me what those funds are and I could try. VBMFX = Vanguard Total Bond ...
by dbr
Thu Dec 14, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?
Replies: 15
Views: 1849

Re: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?

The real question is why would this suggestion be preferred over several other possible ideas? The other question is what reasons might there be that this idea is not as good as several other ideas. So far I have seen three reasons (maybe four) mentioned why this idea might not be as good as certain...
by dbr
Thu Dec 14, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 31
Views: 2407

Re: Where to save cash over 5 years.

get_g0ing wrote:
Thu Dec 14, 2017 9:54 am
Can someone explain the difference between VBMFX and the other two funds mentioned above, VMLUX and VWSUX.
When would you use each of these?

(In searching online, I see that the other fund mentioned FBIDX, is same as VBMFX).
Tell me what those funds are and I could try.
by dbr
Thu Dec 14, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Roofing Question Ice Build Up
Replies: 22
Views: 1143

Re: Roofing Question Ice Build Up

Variable weather conditions leading to a one-off result could happen. If this has never been a problem before and repeats now, then detective work is in order.
by dbr
Thu Dec 14, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: How easy is it to minimize tax liability yourself without a CPA/accountant?
Replies: 26
Views: 2367

Re: How easy is it to minimize tax liability yourself without a CPA/accountant?

Is the question about planning your business operations in a way that minimizes tax liability, or about calculating the tax liability of the business as it exists? Most of the answers have been about the second option, not about the first. Actually, you should want to maximize after-tax income rath...
by dbr
Thu Dec 14, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 42
Views: 3843

Re: Reached 50X annual spending. Now what?

If it is really true that your spending has been estimated with contingencies for things that might happen and the number is 1/50 of your assets, then your asset allocation doesn't matter. More exactly your asset allocation will affect how much uncertainty there will be in your future wealth and how...
by dbr
Thu Dec 14, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?
Replies: 15
Views: 1849

Re: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?

It is a plausible idea. I don't think it rises to the level of a good idea due to lack of diversification and due to manager risk.

The correct asset allocation is what meets your need/ability/willingness to take risk. You should think that through before thinking about picking funds.
by dbr
Thu Dec 14, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 23
Views: 991

Re: Can rental home generate small income?

As of today a 50 year old male can buy a $100,000 SPIA and get $424/month every month for the rest of his life. At age 60 you can get $482/mo. If that meets your objective why would you try to own a property with all the risk, hazards, and headaches? If you are younger there probably is no investmen...
by dbr
Wed Dec 13, 2017 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4298

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

I wish had someone to follow me around and straight up slap me if I ever think of doing this again. Wasted a day. You do. It is the person wearing your pants and standing in your shoes. (Or wearing your pants, skirt, dress or whatever if are female or a male wearing a dress, your whatever it is you...
by dbr
Wed Dec 13, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Some General Investing Questions
Replies: 8
Views: 425

Re: Some General Investing Questions

Guys, I know this is basic and I have been reading as much as I can on the search, but I just want to get clear answers on my case specific questions. I even called Vanguard and got 2 different answers on some of these... 1) I own a Total Stock Index Fund, and Total Bond Market fund, and both are i...
by dbr
Wed Dec 13, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2775

Re: WHO IS RIGHT ME or SPOUSE

Can one be miffed if ones does not get a gift? So no right or wrong answers here. This isn't a right or wrong question. It is he wants/she wants question. A really good way to resolve such things is let the other person have what they want. If you have to translate this back into right/wrong, your ...
by dbr
Wed Dec 13, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Expenses, cash flow in retirement
Replies: 11
Views: 1137

Re: Expenses, cash flow in retirement

Ok, you have cash coming in and cash going out. In the recent past, your cash flow was negative $2k per month which you were making up with withdrawals from a 401k. In the near future, you will switch to a positive cash flow of $2k per month. This is a net change of plus $4k per month. This is good...
by dbr
Tue Dec 12, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 63
Views: 4301

Re: What did you do with your first RMD withdrawal money?

I guess a person could ask how the size of the RMD in dollars compares to the size of withdrawals in a year. For me the answer is that in some years the RMD amount has exceeded total withdrawals and in other years it has been less. Please explain the underlined section. Sometimes you withdraw less ...
by dbr
Tue Dec 12, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Where do I put 50k I don't need?
Replies: 24
Views: 2390

Re: Where do I put 50k I don't need?

Personally, I'd put it in some mix of TSM and international TSM in my taxable account. If a crash happens, then TLH it to a similar fund. I wouldn't use a balanced fund in taxable for two reasons: bond dividends get taxed as ordinary income; and if stock market crash happens, TLHing is not as clean...
by dbr
Tue Dec 12, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Where do I put 50k I don't need?
Replies: 24
Views: 2390

Re: Where do I put 50k I don't need?

If you want more than the minimal risk of cash and less than the minimal risk of 100% stocks and there is no more information than that, then you have answered your own question. What is it that you think remains to be discussed?
by dbr
Tue Dec 12, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Quantity of places to hold assets
Replies: 11
Views: 863

Re: Quantity of places to hold assets

I don't think I would ever hold all my financial resources at one company. This is not because there is a serious chance of losing the money but because there is a serious chance of a glitch in accessing money due to an IT issue, some sort of hacking, or some other temporary discontinuity. In realit...
by dbr
Tue Dec 12, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 48
Views: 2270

Re: Play money individual stocks, which ones?

I would say BH are not buying individual stocks, or rather a few do. I don't know how much a fair number is. If you would like an enthusiast site for stock picking I recommend this one: http://socialize.morningstar.com/NewSocialize/asp/AllConv.asp?forumId=F100000005 Given the number of play money t...
by dbr
Tue Dec 12, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: 401k Asset Allocations
Replies: 13
Views: 732

Re: 401k Asset Allocations

The thought is WHY?

You can invest that way if you want but commenting needs some input about what you are trying to do.
by dbr
Tue Dec 12, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 179
Views: 10368

Re: Do people still use AAA?

Whatever people want to say I have found AAA a very useful roadside service which for me is easily worth the price. If anyone prefers an alternative or nothing at all, that is certainly up to them.
by dbr
Tue Dec 12, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 48
Views: 2270

Re: Play money individual stocks, which ones?

I would say BH are not buying individual stocks, or rather a few do. I don't know how much a fair number is.

If you would like an enthusiast site for stock picking I recommend this one: http://socialize.morningstar.com/NewSoc ... F100000005
by dbr
Tue Dec 12, 2017 9:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3855

Re: Vanguard Investment Advice

Why the obfuscation is the question on this thread. We don't know why. This is the second thread I can remember recently involving the same issue.
by dbr
Mon Dec 11, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Choose IRA Rollover Provider - investment options
Replies: 5
Views: 286

Re: Choose IRA Rollover Provider - investment options

Why not decide on an investment strategy such as holding a three fund portfolio, total stock market, that kind of thing and check what funds are available at different shops that meet your strategy at lowest cost. That is a better idea than trying to compare fund performance. Also if you are dealing...
by dbr
Mon Dec 11, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: using capital gains to offset capital losses
Replies: 5
Views: 427

Re: using capital gains to offset capital losses

Capital losses, short and long term, offset their corresponding gains first. Any excess losses are then used to offset any other residual gains. Finally, if you still have net losses they are applied to your total income for the year, up to 3k and the rest carried over to the following year, as sho...
by dbr
Mon Dec 11, 2017 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Cap gains - when?
Replies: 8
Views: 725

Re: Cap gains - when?

Let’s say someone regularly buys S&P 500 in a taxable brokerage account... holds it for 20-30 years and doesn’t sell a share until retirement. Would capital gains taxes only be applied when you sell? Any other fees being taken out every year that take away from compounding? Ways money can be remove...
by dbr
Mon Dec 11, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3855

Re: Vanguard Investment Advice

Looks like Vanguard PAS is just like other companies that sell AUM, give a cookie cutter portfolio that appears to be too complex for someone to do on their own. I guess they figure if this type of thing helps sales and other firms, Vanguard may as well profit using the same technique. As a person ...
by dbr
Mon Dec 11, 2017 10:10 am
Forum: Investing - Theory, News & General
Topic: TSM vs High Dividend Yield if I never choose to sell?
Replies: 36
Views: 2279

Re: TSM vs High Dividend Yield if I never choose to sell?

I am in my late 20's and have 2,000,000 to invest. I have a relatively safe government job that will supply me with a pension when I am older. With that time horizon and a pension, I would be inclined to put it all in a Warren Buffett 90/10 portfolio so long as you promise to rarely look at your st...
by dbr
Mon Dec 11, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2477

Re: What mix of intermediate and short term bonds?

TIPS are also pretty low right now. VIPSX has a 0.2% SEC yield. FWIW, in the FI portion of my portfolio I have 50% intermediate bonds (IG IT, using VFIDX). The other 50% is less inflation sensitive: short term investment grade (VFSUX) and older iBonds keepers. Total average duration = 3.7 years. Wh...
by dbr
Mon Dec 11, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Tax Consequences of Un-Jointing a Joint Account
Replies: 19
Views: 900

Re: Tax Consequences of Un-Jointing a Joint Account

Are the owners related and who furnished the original consideration? Gill Yes, husband and wife. Husband (me) established the account years ago. We're exploring the idea of keeping our finances separate and this one account is the only issue. It would have to be divided in half with each half havin...
by dbr
Mon Dec 11, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: How easy is it to minimize tax liability yourself without a CPA/accountant?
Replies: 26
Views: 2367

Re: How easy is it to minimize tax liability yourself without a CPA/accountant?

The observation that applies here is that what you are able to do is easy and what you are not able to do is hard. I personally find individual taxes "easy" but would hardly just dive in on business taxes. I guess I would consider that "hard." But the real question is not with or without a CPA but r...
by dbr
Mon Dec 11, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: VTI-Is this truly the total us stock market?
Replies: 6
Views: 1094

Re: VTI-Is this truly the total us stock market?

I do not consider any of the "lazy" portfolios to be well regarded as they are cooking school recipe books instead of a serious efforts at a good asset allocation. But whatever you think about that, don't confuse recommendations to tilt to asset classes or follow a factor investing approach with hol...
by dbr
Mon Dec 11, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Tax Consequences of Un-Jointing a Joint Account
Replies: 19
Views: 900

Re: Tax Consequences of Un-Jointing a Joint Account

Yes, you can split the account without selling things and paying capital gains taxes or creating a gift, as far as I know. Of course there are now other tax consequences if people change from joint to separate filing and so on.
by dbr
Mon Dec 11, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 10
Views: 997

Re: How to Achieve CAGR of 6% in non-taxable Acct?

In general the expected return is function of increasing risk beginning with a savings account at the lowest risk and return and ending with certain subclasses of stocks with the most risk and return. This set of estimates might give you a general idea: https://portfoliosolutions.com/latest-learning...
by dbr
Mon Dec 11, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 253
Views: 44072

Re: USAA 2.5% Cash Back Credit Card

All credit card websites have their quirks and some are more user friendly than others. Also they frequently update the appearance and function as an "enhancement." I have found you just have to learn to work with what is there on the five or six bank websites I have had occasion to use. Actual fail...
by dbr
Mon Dec 11, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: What to do when emergency fund runs out? (IPS)
Replies: 8
Views: 1072

Re: What to do when emergency fund runs out? (IPS)

Obviously you need an emergency-emergency fund. What you do might depend a lot on what the emergency is. The answer could range from just selling some taxable long term investments to selling the house and moving to pulling your kids out of college to sending you or your spouse back to work or to wo...
by dbr
Mon Dec 11, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Dividends ETF
Replies: 7
Views: 577

Re: Dividends ETF

Ha. But I think he meant ETFs with the word "dividend" in the name. But wait, the yield on VDADX is less than the yield on VFIAX and not much more than the yield on VTSAX. (Yeah, I'm not telling anyone what those tickers are, either.) Joke's on you—the DA in VDADX is probably dividend appreciation,...
by dbr
Sun Dec 10, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2477

Re: What mix of intermediate and short term bonds?

In a rising rate environment, even the slowly rising rate structure which is anticipated, short term bonds are attractive IMO. This is especially so now when interest rate spreads between short and intermediate term bonds have narrowed considerably. You get paid very little these days to take on du...
by dbr
Sun Dec 10, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Estimated Taxes
Replies: 7
Views: 739

Re: Pay Estimated Taxes

There is no such thing as quarterly tax filing. As livesoft pointed out you can make payments to the IRS at any time. You just want to make sure you don't fall behind relative to your rate of earning. This can be accomplished by withholding from any account that allows it. Withholding when done appl...
by dbr
Sun Dec 10, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2477

Re: What mix of intermediate and short term bonds?

I think you should hold IT and not try to predict interest rates. Why? Is it that we should just assume the term premium will always be there (on average) for us? Also, what about the somewhat flat yield curve? We know rates are very low as compared to the last 70 years. I totally agree that there ...
by dbr
Sun Dec 10, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2477

Re: What mix of intermediate and short term bonds?

I don't know the answer to your question, but I think it is important for people to realize that an intermediate term bond FUND may contain individual bonds of all terms - short, intermediate, and long term. Like total bond market - all those bonds are not intermediate term. It contains bonds of al...
by dbr
Sun Dec 10, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 42
Views: 3323

Re: Portfolio advice: Total market vs Larry Portfolio

There is the question of how much difference it makes that really matters. You say you like the principle for a couple of reasonable reasons, but does uncertainty about what will really happen combined with additional complexity really amount to a good enough reason to go the LP route -- I mean in t...
by dbr
Sun Dec 10, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2477

Re: What mix of intermediate and short term bonds?

I think you should hold IT and not try to predict interest rates.
by dbr
Sun Dec 10, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 10
Views: 997

Re: How to Achieve CAGR of 6% in non-taxable Acct?

I am not sure that calculator is the tool you want to use. Does it take into account the distribution of annual returns (volatility) as well as the average? I would try a run in FireCalc. Note that asset allocation has a weak effect on how long a portfolio lasts compared to withdrawal rate and luck ...
by dbr
Sun Dec 10, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendation Best fund for retirees in taxable
Replies: 20
Views: 758

Re: Recommendation Best fund for retirees in taxable

This money would be in a brokerage account so I am not sure how easy it would be to place cds. Yes, maybe split bond allocation between int. Muni and total bond so tax hit is smaller and more diversification. I’ll probably have to tell them about this change of plan as I educated them about the van...
by dbr
Sun Dec 10, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 944

Re: How should I look at SS and pensions when developing my post-FRA AA?

I would use a DCF method to estimate a value for the pension, or any other stream of future payments, and count that in the bonds component of my AA. This to avoid all those absurdities that usually pop out when one uses extravagant accounting procedures. Incorporating virtual assets when trying to...
by dbr
Sun Dec 10, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 944

Re: How should I look at SS and pensions when developing my post-FRA AA?

flyingaway wrote:
Sun Dec 10, 2017 11:49 am
I don't have a pension. I do not count social security in my retirement portfolio. I just consider it as one of my safety nets or financial cushions.
Which then affects how you manage our portfolio without social security being turned into a virtual portfolio asset.