Search found 24798 matches

by dbr
Sat Jan 20, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and rebalancing
Replies: 7
Views: 369

Re: Asset allocation and rebalancing

what I don't understand is that there is advice everywhere to buy and hold, not sell when the market goes lower... however when the market goes lower different asset classes will go down at different rates. Say Bonds drop 10%, Stocks drop 20%.. now do you sell Bonds at a 10% loss and direct the mon...
by dbr
Sat Jan 20, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 44
Views: 7266

Re: Met with a CFP, not too impressed.

We went to a Garrett Financial Network planner. I think we paid $2,300 but I could be wrong. We went back for a second meeting to go over the plan. The next weekend I sat down with the plan and a calculator. Our Social Security payments were off by $10k, our pension amounts were wrong, she had mixe...
by dbr
Sat Jan 20, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Income in retirement questions
Replies: 10
Views: 769

Re: Income in retirement questions

Thanks for the info. What about High Yield Corporate Bonds VWEHX? It has a nice consistent yield. I thought if it would yield 4.5% consistently that would reduce the amount of stocks needed to sell for income. It is a mistake to confuse the dividends and interest paid out by various investments wit...
by dbr
Sat Jan 20, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy Growth and Total Stock market -Roth
Replies: 10
Views: 639

Re: Lifestrategy Growth and Total Stock market -Roth

I think he needs to take control of his investments and put some effort into settling on an asset allocation. If he already has, he should share it with you. One should not invest based on what has performed well recently. Invest according to one’s IPS. I second this. Wow. Rudest and most unhelpful...
by dbr
Sat Jan 20, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: When do you sell shares?
Replies: 1
Views: 171

Re: When do you sell shares?

The general advice is to not hold any shares in your employer stock and that you should sell any ESOP or RSU shares as soon as you can.
by dbr
Sat Jan 20, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Income in retirement questions
Replies: 10
Views: 769

Re: Income in retirement questions

I am nearing retirement and would like some advice. I am 61, my wife 60. No debts. Investing through Vanguard, how would be the best way to withdraw money from my account in retirement. Taking the dividends from my portfolio and my Social Security will leave me around $24,000 short per year. Any su...
by dbr
Sat Jan 20, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and rebalancing
Replies: 7
Views: 369

Re: Asset allocation and rebalancing

Do you guys balance your portfolio based on the original cost basis and not on the current market? I am assuming it should be on the cost basis because you don't want to buy/sell assets based on market swings? Or do you use some other strategy such as waiting for your allocation to deviate past a c...
by dbr
Sat Jan 20, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 76
Views: 4621

Re: Lost money through Bitconnect scam - learned my lesson

i'm sorry you didn't read my post from December 17, 2017 before putting money into bitconnect: https://www.bogleheads.org/forum/viewtopic.php?t=234790 If you had read my post, would you have stayed away or not? The answer to that tells you if you will overlook things that are too good to be true fo...
by dbr
Sat Jan 20, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: What "efficient market" does and doesn't mean
Replies: 18
Views: 758

Re: What "efficient market" does and doesn't mean

I don't think controlling the risk of a portfolio by blending bonds with stocks requires an assessment as to whether or not the market is efficient. How risky the market is comes from a empirical observation rather than from theory. I don't think most Bogleheads concern themselves with what efficien...
by dbr
Sat Jan 20, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Are Retirement Accounts Protected from Lawsuits in Virginia?
Replies: 3
Views: 289

Re: Are Retirement Accounts Protected from Lawsuits in Virginia?

Maybe this thread is helpful: https://www.bogleheads.org/forum/viewtopic.php?t=134808 I do know the issue in general is lack of exemption from liability not in bankruptcy for IRAs. It is difficult to find data that is specific to those two conditions (IRA, not bankruptcy). Generally in bankruptcy re...
by dbr
Sat Jan 20, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 76
Views: 4621

Re: Lost money through Bitconnect scam - learned my lesson

i'm sorry you didn't read my post from December 17, 2017 before putting money into bitconnect: https://www.bogleheads.org/forum/viewtopic.php?t=234790 If you had read my post, would you have stayed away or not? The answer to that tells you if you will overlook things that are too good to be true fo...
by dbr
Sat Jan 20, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Investment Options (Friend)
Replies: 7
Views: 274

Re: Investment Options (Friend)

I agree some 401k to which he has access is a good choice as well, or better, than an IRA.
by dbr
Sat Jan 20, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: Buying overseas?
Replies: 1
Views: 219

Re: Buying overseas?

Is buying overseas the best idea? Here's an interesting article, https://money.usnews.com/money/blogs/on-retirement/2014/02/18/12-reasons-to-buy-real-estate-overseas I guess the article would be more helpful if it also listed 12 reasons not to buy overseas. Personally I have no idea, but my assumpt...
by dbr
Sat Jan 20, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Investment Options (Friend)
Replies: 7
Views: 274

Re: Investment Options (Friend)

All of those ERs are too high. They aren't really ERs but rather fund costs with fees added in for the plan he is in.

If he is no longer employed by this company he should roll over the assets to an IRA or Roth IRA at a reasonable broker and buy reasonable funds with the money.
by dbr
Sat Jan 20, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy Growth and Total Stock market -Roth
Replies: 10
Views: 639

Re: Lifestrategy Growth and Total Stock market -Roth

kerplunk wrote:
Sat Jan 20, 2018 10:02 am
I think he needs to take control of his investments and put some effort into settling on an asset allocation. If he already has, he should share it with you.

One should not invest based on what has performed well recently. Invest according to one’s IPS.
I second this.
by dbr
Sat Jan 20, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Job offer - no 401k offered
Replies: 20
Views: 2083

Re: Job offer - no 401k offered

I am considering a job offer - like everything about the job except the employer does not offer 401k at all. As DH is also working, what are our options in lieu of 401k to save on taxes ? We understand IRA may be an option but it has a limit of $5500 vs the $18500 limit of 401k. Any suggestions ple...
by dbr
Sat Jan 20, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 10
Views: 466

Re: Inherited Stocks, Dividends, and Taxes

Thanks again for all replies. I see the distinction between the dividend being treated as short term capital gains, not ordinary income. I think in our scenario it will end up being taxed at ordinary income rates, but must be filled out on the Schedule D and Qualified Dividends and Capital Gain Wor...
by dbr
Sat Jan 20, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 168
Views: 10554

Re: Stats on When People Take Social Security

This too is our situation where my wife was a stay home mom so she has earned only a small amount towards her own SS, but I was under the impression that she would need to wait until FRA to ensure should would receive a whole 50% of my SS once I reach FRA. Note she is 2.5 years older so my plan was...
by dbr
Sat Jan 20, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Why can you only send dividends/capital gains from vanguard funds to your bank account at vanguard?
Replies: 8
Views: 719

Re: Why can you only send dividends/capital gains from vanguard funds to your bank account at vanguard?

Just as a comparison, all the dividends paid at any of my brokers (there are three) just go into sweep accounts and I manually move the money where I want or need it at any point in time. I really haven't bothered to investigate setting up anything else. Among all the possible places cash can reside...
by dbr
Fri Jan 19, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Quesiton about Bond Funds
Replies: 4
Views: 463

Re: Quesiton about Bond Funds

Example here is VBTLX as an example. I see the SEC Yield is 2.62% which exactly matches the current value of the 10 Year Treasury yield. However, I know that VBTLX holdings are not strictly 10 year but rather a mix of 64% Treasuries of varying lengths (2Y, 5Y, 10Y) and other types of bonds as well....
by dbr
Fri Jan 19, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance with parents retirement strategy
Replies: 4
Views: 491

Re: Assistance with parents retirement strategy

Questions:[/u][/b] 1. The 2015 and 2016 withdrawals were high due to one-time expenses (e.g., refurbishing a bathroom and other household expenses). Any recommendations on how to handle one-time expenses? Do you just try to lower your expenses in subsequent years to offset the high withdrawals? Sor...
by dbr
Fri Jan 19, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Forrester
Replies: 34
Views: 1724

Re: Alternatives to Subaru Forrester

Back to the topic of alternatives the Outback is quieter and better riding than the Forrester. For some people that would sway a decision. The Forrester is just marginally easier to enter and exit and see out of.
by dbr
Fri Jan 19, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Brokerage Tax Forms
Replies: 6
Views: 879

Re: Vanguard Brokerage Tax Forms

I went and looked at my TurboTax prepared tax returns and dividends and interest are reported by payer, where payer is an institution and not a fund. That is, the tax return totaled all the payments from all the funds held at that broker. There are separate reports for my wife and for me as we do no...
by dbr
Fri Jan 19, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Case For/Against Financial Advisor + Portfolio
Replies: 8
Views: 495

Re: Case For/Against Financial Advisor + Portfolio

Expected return on a portfolio is determined by what assets are held less costs. By assets one means stocks vs bonds and within stocks the distribution over factors such as US/International, size, value, etc. and for bonds duration and credit risk, etc. When you vary those factors you also vary the ...
by dbr
Fri Jan 19, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 10
Views: 466

Re: Inherited Stocks, Dividends, and Taxes

Thanks for the replies. Hypothetical calculation below, does this look correct? 1000 shares of ABC at a value of $9/share on date of death for total value of $9k. Date of Death was November 1st, 2016. Dividend pays on December 1st, 2016, for $90 total, buying 9 shares at $10 each. Other dividends p...
by dbr
Fri Jan 19, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 10
Views: 466

Re: Inherited Stocks, Dividends, and Taxes

Follow-up question, I am assuming the brokerage would send me the tax form with the numbers for taxes owed sometime during the January to March time frame after the stocks are sold. Is that correct? I am not too worried about the fine accounting, just if my general understanding is correct. I would...
by dbr
Fri Jan 19, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Stocks, Dividends, and Taxes
Replies: 10
Views: 466

Re: Inherited Stocks, Dividends, and Taxes

The dividend reinvestments are new purchases of stock that have their own basis if you sell then using specific lot identification. They will have their own gains and losses which would be short term if held less than a year. The amount of money involved is probably too small to bother doing any fin...
by dbr
Fri Jan 19, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 14
Views: 719

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

It makes no sense to look at those kinds of comments. If you know how your portfolio is distributed across size and value dimensions and read about what those mean, then you can decide for yourself what you want to do. The Vanguard description of your portfolio is baloney. In reality TSM holds growt...
by dbr
Fri Jan 19, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 4531

Re: 10 years expenses in FI

Thoughts? People should quantitatively evaluate whether or not there is actually a financial benefit to all this "engineering" before they decide to take comfort in it. Sleep factor is an over-rated, even meaningless, criterion for devising a retirement plan. There are much better routes to mental ...
by dbr
Fri Jan 19, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 86
Views: 3950

Re: What can I do to fight this ridiculous medical bill?

I would say go back to your insurance company to see if they can/will do anything and after that see if you can negotiate a reduction from the hospital.
by dbr
Fri Jan 19, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Invest or keep in cash
Replies: 1
Views: 427

Re: Invest or keep in cash

Savings for a house in two or three years should just be in cash. It is your (our) bad luck that interest rates are low right now. That also means the cost of borrowing money for a house is low right now. You should probably be thankful for that.
by dbr
Fri Jan 19, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 25
Views: 3744

Re: Someone Needs To Pay For What They Did (Advice sought)

I wouldn't approach the landlord to pay for it but instead would advise her, with backup, that it was done by her vendor while you were not at home. I'd let her know that I expect the maintenance company to pay the bill and ask if she wanted me to contact them or will she contact them on her own. I...
by dbr
Fri Jan 19, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 29
Views: 1450

Re: High Dividend Stocks as bond substitute?

Stocks are not bonds. Allocation should be set by need, ability, and willingness to take risk. Sometimes there are no cherries, only pits, in the bowl.
by dbr
Fri Jan 19, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 940

Re: How to step in?

DCA is a cover up for not knowing what you want your investment plan to be. The best fix for that is to read and learn and come up with a good plan that you understand. In the meantime it does make sense not to be hasty and to make the mistake of being too cautious rather than the mistake of being f...
by dbr
Fri Jan 19, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 4531

Re: 10 years expenses in FI

In a previous post that I cannot now find :oops: , the poster said he didn't have a true asset allocation. Rather, he kept ten years of living expenses in bonds, and the remainder of the portfolio in equity. I think he said this worked out to 80/20 for him. Another BH said this sounded like a good ...
by dbr
Fri Jan 19, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 4531

Re: 10 years expenses in FI

In a previous post that I cannot now find :oops: , the poster said he didn't have a true asset allocation. Rather, he kept ten years of living expenses in bonds, and the remainder of the portfolio in equity. I think he said this worked out to 80/20 for him. Another BH said this sounded like a good ...
by dbr
Thu Jan 18, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 168
Views: 10554

Re: Stats on When People Take Social Security

It should not be uncertain what the consequences of such decisions in each individual case are, but each person certainly gets to choose what consequences to sign up for. A lot or the discussion is about making clear the consequences more than telling people what they should do.
by dbr
Thu Jan 18, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends vs Capital Gains on Total Stock Market not reinvested
Replies: 4
Views: 392

Re: Dividends vs Capital Gains on Total Stock Market not reinvested

You want specifically to distinguish between capital gains distributions (note that last word) from a mutual fund and the capital gains (no third word) from you selling investments. Note distributions are always positive but plain gains can also be losses. You just can't be casual about terminology ...
by dbr
Thu Jan 18, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 129
Views: 5715

Re: Short Commute or Nicer House?

The financial cost of the commute. Do not underestimate this. You will probably be able to get by just fine with a single car in the city, and that car will be low mileage. In the suburbs, you’ll have two cars that you’ll be replacing on a regular basis. Also consider tolls and parking, if you’ll h...
by dbr
Thu Jan 18, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6926

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

There is also this as a consideration: https://www.bogleheads.org/support.htm not that I am a paragon of virtue in this department. It is a reminder that almost everything costs someone money.
by dbr
Thu Jan 18, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6926

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I cringe at the harsh tone that we (forum members) sometime use on these thread. Obviously not everybody uses a harsh tone. Perhaps you could identify the specific harsh tones that you have read here. I don't think that the posts here have 1% of the harshness that we generally reserve for insurance...
by dbr
Thu Jan 18, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 129
Views: 5715

Re: Short Commute or Nicer House?

It sounds to me like the short commute is also the nicer house, at least in the sense of neighborhood altogether. But then I abhor the "gated community" environment and really like the older neighborhood, maintenance and all. Then I live in a hundred year old house we really like. There has never be...
by dbr
Thu Jan 18, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2381

Re: Real Estate Versus Stocks

I think this is sort of a question like "is blue faster than red". Well, that depends. Which color is the Ferrari and which color is the Camry? That is a good way of putting it. Owning and managing real estate is not just picking a different mutual fund. That said, investing in real estate is a per...
by dbr
Thu Jan 18, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2381

Re: Real Estate Versus Stocks

Jack FFR1846 wrote:
Thu Jan 18, 2018 10:28 am
I think this is sort of a question like "is blue faster than red". Well, that depends. Which color is the Ferrari and which color is the Camry?
That is a good way of putting it. Owning and managing real estate is not just picking a different mutual fund.
by dbr
Thu Jan 18, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of conservative equity allocations?
Replies: 5
Views: 286

Re: Taking advantage of conservative equity allocations?

Obviously, more bonds provide greater buying opportunities... even if they don't happen often. I'm sure it's been looked at in the past but I can't find any postings. I'm not looking at rebalancing strategies (there's lots of that), just final value of various allocations... preferably real-world c...
by dbr
Thu Jan 18, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of conservative equity allocations?
Replies: 5
Views: 286

Re: Taking advantage of conservative equity allocations?

There are many, many papers written on rebalancing strategies that can be researched.

It is usually the case that portfolio optimization, withdrawal, and other studies assume constantly rebalanced portfolios in theory.
by dbr
Thu Jan 18, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor bequest question
Replies: 2
Views: 431

Re: Neighbor bequest question

None of this means that persons who would otherwise inherit the assets of the neighbor might not attempt to contest the bequest. I am not a lawyer and could not advise if more should or should not be done. I doubt the situation would be any different if the bequest were in a will because wills can b...
by dbr
Thu Jan 18, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1565

Re: London/Paris Trip Questions

I'm personally not a fan of hop on/hop off busses but some travelers are and if you are in London only for a few days that might be an option you want to consider. For a short visit I'd focus on Central London and save day trips like Stonehenge for another trip. Euro Disney is easily accessible by ...
by dbr
Thu Jan 18, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6926

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I am always a strong advocate for going to well written systematic discussion of a topic in addition to or even in preference to asking questions and getting open ended discussion on a forum. Forum discussion by its very nature can be diffuse, esoteric, and sometimes even contradictory. If this cour...