Search found 24114 matches

by dbr
Fri Dec 15, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 133
Views: 5095

Re: Snow Tires? Worth it?

In spite of any data and analysis on the subject it appears that 75% of cars in snowy regions of the US are not equipped with winter tires in the winter and 50% of cars in Canada. Whether that means gross ignorance or a general perception that everything is really ok can be debated by anyone that wa...
by dbr
Fri Dec 15, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 19
Views: 559

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

But I don't have a non-market allocation. Yes or no, in your opinion, used the way you use the terminology, think it's generally used, and think it should be used... ...do you feel that I, holding only VTSMX (and Total International, VGTSX) am "knowingly or unknowingly exposed to factors such as si...
by dbr
Fri Dec 15, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions on where to put some extra cash
Replies: 5
Views: 504

Re: Suggestions on where to put some extra cash

Decide what you want to do, have a plan for how to allocate your assets to meet your objective, and then put your money into those assets.
by dbr
Fri Dec 15, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Settled Cash in Brokerage Account
Replies: 3
Views: 182

Re: Settled Cash in Brokerage Account

I have cash (core) in my taxable brokerage account. I'm not sure where it came from. Are there tax consequences to moving that to a Roth? Yes, there are definitely tax consequences to moving that to a Roth. It would be considered a Roth contribution, so if you have already made your maximum allowed...
by dbr
Fri Dec 15, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I open a fitness center for extra money?
Replies: 27
Views: 1081

Re: Should I open a fitness center for extra money?

No. It has nothing to do with being "smart" and it is a business venture you don't understand and not an investment.

That does not mean that someone who does understand what they are doing and wants to be in the business should not do it.
by dbr
Fri Dec 15, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: LTC policy increase - keep, reduce coverage or ditch?
Replies: 11
Views: 425

Re: LTC policy increase - keep, reduce coverage or ditch?

Well, I think when people talk about an individual self-insuring something it does just mean accepting the risk and paying when risk turns up. But it does seem that is a miss-use of the term. The actual principle insurance is to pool risk, which requires a population within which the risk materializ...
by dbr
Fri Dec 15, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Settled Cash in Brokerage Account
Replies: 3
Views: 182

Re: Settled Cash in Brokerage Account

I have cash (core) in my taxable brokerage account. I'm not sure where it came from. Are there tax consequences to moving that to a Roth? That cash would be dividends and capital gains distributions from your holdings. You can contribute that money to a Roth the same as any other contribution to a ...
by dbr
Fri Dec 15, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: LTC policy increase - keep, reduce coverage or ditch?
Replies: 11
Views: 425

Re: LTC policy increase - keep, reduce coverage or ditch?

The premium even if increased more and paid for a long time is still relative peanuts compared to the possible benefit and to your spending. On that basis it seems a no brainer to keep insurance like this. On the other hand the benefit may be peanuts compared to your assets, which would make it a no...
by dbr
Fri Dec 15, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: Difference between VG Growth and Income vs Equity Income Funds
Replies: 3
Views: 296

Re: Difference between VG Growth and Income vs Equity Income Funds

I don't know how the two funds differ but my guess about the term "growth" is that they mean the portfolio can both deliver income and also capital growth. This is different from a fund that holds only "growth" stocks as in opposite to "value." Calling a stock fund "equity income" might mean it prod...
by dbr
Fri Dec 15, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 19
Views: 559

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

I'm puzzled by this sentence: Almost all investors are knowingly or unknowingly exposed to factors such as size, value, yield, momentum, and risk. Two questions. First, what on earth is meant by "risk?" Is risk, itself, a factor? Is that a mistake, and did they mean to say "the market factor?" Or h...
by dbr
Fri Dec 15, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 19
Views: 559

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

I think a comment about factor investing is that cap weighting is not diversified across factors as the loading is zero on all the factors except market, unless I don't understand. I think they meant not to make bets on size rather than value rather than x rather than y . . . at any particular time....
by dbr
Fri Dec 15, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 35
Views: 2867

Re: Where to save cash over 5 years.

I think I bonds are great for emergency funds as long as you understand them. I would recommend reading in detail on the treasury direct website lest you get into something you don't understand. Quiz: I bought some I bonds this past May, if I needed them for an emergency tomorrow I'd be in trouble....
by dbr
Thu Dec 14, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 35
Views: 2867

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: 35
Views: 2867

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: 25
Views: 1876

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: 908

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: 35
Views: 2867

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: 1918

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: 35
Views: 2867

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: 1210

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: 2409

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: 56
Views: 5230

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: 1918

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: 30
Views: 1425

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: 4356

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: 426

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: 2815

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: 1155

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: 4312

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: 25
Views: 2674

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: 25
Views: 2674

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: 872

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: 2326

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: 738

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: 181
Views: 10663

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: 2326

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: 3876

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: 292

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: 429

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: 732

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: 3876

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: 2283

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: 2499

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: 2409

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: 1095

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: 1000

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: 44085

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...