Search found 21485 matches

by dbr
Fri Apr 28, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: A Game of "Whose responsible"
Replies: 21
Views: 581

Re: A Game of "Whose responsible"

The plumber turned off the water to install faucet while the other plumber installed the toilet. You are making this confusing by saying that there are two plumbers and not being very clear on which one needed the water off. It doesn't matter who actually turned it off. Sorry for that. Plumber #1 w...
by dbr
Fri Apr 28, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Replacing the Failure Rate in evaluation of retirement strategies
Replies: 13
Views: 403

Re: Replacing the Failure Rate in evaluation of retirement strategies

Haven't read the article yet, but in general this kind of thing makes sense. The analysis also becomes more complex and difficult to parse. As for lifespan vs fixed year, there are people who look at that, Milevsky for example, in one paper I recall. Again the result becomes more difficult to parse...
by dbr
Fri Apr 28, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: tax efficiency
Replies: 3
Views: 157

Re: tax efficiency

On the other hand the greatest tax efficiency could come from putting everyting in tax exempt bonds. There are a lot of "it depends."
by dbr
Fri Apr 28, 2017 11:18 am
Forum: Investing - Theory, News & General
Topic: Replacing the Failure Rate in evaluation of retirement strategies
Replies: 13
Views: 403

Re: Replacing the Failure Rate in evaluation of retirement strategies

Haven't read the article yet, but in general this kind of thing makes sense. The analysis also becomes more complex and difficult to parse. As for lifespan vs fixed year, there are people who look at that, Milevsky for example, in one paper I recall. Again the result becomes more difficult to parse ...
by dbr
Fri Apr 28, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 3500

Re: Becoming a homeowner/landlord in a college town?

In my community there is significant (positive) pressure on landlords of student rentals from both the student affairs people and the district attorney to be proactive in student behavior issues. This is a good thing when done right, as it appears to be here. Neither bad property owners nor bad rent...
by dbr
Fri Apr 28, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Is not Tax Harvesting usually a wasted opportunity?
Replies: 17
Views: 1571

Re: Is not Tax Harvesting usually a wasted opportunity?

When you get a big downturn like 2009 it is likely easy to know to tax loss harvest and to get a significant benefit from it. In my opinion tax loss harvesting is a minor issue most of the time. It is also true that people often sit on large enough unrealized gains that THL simply doesn't arise.
by dbr
Fri Apr 28, 2017 7:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 26
Views: 1556

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

It does make more sense to me to attempt to estimate what will actually be spent than to apply some arbitrary fraction of income. Looking at individual circumstances is much better than assuming some average outcome. My experience is that there have been unexpected expenses in retirement but they ha...
by dbr
Fri Apr 28, 2017 7:47 am
Forum: Personal Consumer Issues
Topic: Help with Medicaid Questions
Replies: 4
Views: 537

Re: Help with Medicaid Questions

I have a couple of questions pertaining to Medicaid that I hope can be addressed. 1) First, what care accommodations are covered by Medicaid? I ask because my sister has found an assisted living facility (non-profit) that is telling her that they have a certain number of studio apartments that are ...
by dbr
Thu Apr 27, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Thrivent Financial
Replies: 12
Views: 715

Re: Thrivent Financial

Never, ever, tangle your financial affairs with friends, relatives (except parents, spouses, and children), or members of your church or club.

I doubt Thrivent would be a good choice for investments, generally.
by dbr
Thu Apr 27, 2017 8:34 am
Forum: Investing - Theory, News & General
Topic: Have anyone thought ER/fees comes from gains but not total balance?
Replies: 9
Views: 784

Re: Have anyone thought ER/fees comes from gains but not total balance?

I've seen advisors/salespeople in informal conversation strongly intimate this was the case, saying things for AUM like "I only make money when you make money." Nice to know they give it back in down years. Actually their thought is sort of correct. They make more money if your assets inv...
by dbr
Thu Apr 27, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: How should I factor my pension into my AA in retirement
Replies: 8
Views: 900

Re: How should I factor my pension into my AA in retirement

I agree with Silk as well. The income you need to generate from your portfolio is now lower. What this means in practical terms is that the range of AA options is now wider. You could go more conservative because you need to take less risk. You could go more aggressive because you can afford to tak...
by dbr
Thu Apr 27, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

Was thinking about this thread and I find it somewhat paradoxical that a group of people that by and large forecast very conservative returns long term on their portfolios (propose 5% real and you come off as a crazy optimist) yet this same group largely dismisses owning physical real estate as an ...
by dbr
Thu Apr 27, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Retirement income for 50+ years?
Replies: 118
Views: 7755

Re: Retirement income for 50+ years?

...I have and that's great. If I increase spending to $400k to have $300k after-tax (which is what I'd like) then I'm down to 95% success rate which tells me I need to be flexible in spending rate. You should not incur $100K in income tax on your portfolio unless you invest it in a horribly tax ine...
by dbr
Wed Apr 26, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: How should I factor my pension into my AA in retirement
Replies: 8
Views: 900

Re: How should I factor my pension into my AA in retirement

The pension should not be considered within your AA. It should be considered a floor of income that reduces the funds you need from your retirement savings in order to meet your needs. Set your AA only for those assets that you can rebalance. I agree. If you use the Larry Swedroe approach of need/a...
by dbr
Wed Apr 26, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: Colorado trip - w visit to Red Rocks
Replies: 19
Views: 1004

Re: Colorado trip - w visit to Red Rocks

Still lots of options close to 2 hours from Denver airport. Here is an idea: From red rocks, drive up mount Evans. Then drive over Loveland pass. The views are spectacular and highly likely you will see bighorn sheep and mountain goats up on Evans. Stay in Frisco or Breckenridge for a bit. Then hea...
by dbr
Wed Apr 26, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 3500

Re: Becoming a homeowner/landlord in a college town?

I've read all of the responses and the points are well-taken. The good news for me is that I have a lot of flexibility in what I ultimately decide to do. Nevertheless, I am scratching my head a bit. Based on the responses, I have to wonder who all these angels are around the US, everywhere, thousan...
by dbr
Wed Apr 26, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Colorado trip - w visit to Red Rocks
Replies: 19
Views: 1004

Re: Colorado trip - w visit to Red Rocks

Thanks! I don't want to spend all the time in a car. Say, one night near Red Rocks, then a pretty drive to x, where we spend 1-2 nights, then drive to y, where we spend 1-2 nights, then we drive to airport to catch flight. Would rather the driving days be less than 2 hours, including drive back to ...
by dbr
Wed Apr 26, 2017 6:43 pm
Forum: Personal Consumer Issues
Topic: Colorado trip - w visit to Red Rocks
Replies: 19
Views: 1004

Re: Colorado trip - w visit to Red Rocks

I'm not even going to start a list because you will shortly receive so many suggestions you can hardly not have a good time. Maybe a some pieces of advice however. 1. If you like driving you can devise all kinds of loop trips around a set of destinations, but Colorado is a big place and it takes a l...
by dbr
Wed Apr 26, 2017 6:21 pm
Forum: Investing - Theory, News & General
Topic: Have anyone thought ER/fees comes from gains but not total balance?
Replies: 9
Views: 784

Re: Have anyone thought ER/fees comes from gains but not total balance?

That conclusion could easily be made. Given the variety of fees and their nature nothing would surprise me. I wonder if there are any funds out there that have a separate fee on the gains and a separate fee on the dividends. Not a fee but income tax works like that. Of course in that case the gains...
by dbr
Wed Apr 26, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Advice Urgently Needed: Insurance Retroactively Terminated. Retiree Medical Medicare and COBRA involved
Replies: 6
Views: 1118

Re: Advice Urgently Needed: Insurance Retroactively Terminated. Retiree Medical Medicare and COBRA involved

I hate to be one of those "see an attorney" types, but seriously in a case like this you really need a qualified professional advocate operating in your interest. For one reason this is because no one here can really understand the facts of your situation from postings on a forum compared ...
by dbr
Wed Apr 26, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

2. Stocks and bonds also produce interest and dividends, passive income. But real estate imposes expenses, usually substantial ones. Unless you are very foolish stocks can be held nearly free of cost. To be fair, those stocks (companies) had a LOT of expenses before they paid out their excess cash ...
by dbr
Wed Apr 26, 2017 8:08 am
Forum: Investing - Help with Personal Investments
Topic: I'm jumping into taxable brokerage account not knowing what I'm doing, advise please!
Replies: 7
Views: 685

Re: I'm jumping into taxable brokerage account not knowing what I'm doing, advise please!

So I have a little extra money I'd like to put into a taxable account and I opened a TD Ameritrade account, chose 2 stocks that have me even so far but I've read other Bogelhead posts about ETFs. I have $15k with this account and I'm not sure what is most cost effective if I've maxed my 401k, Roth ...
by dbr
Wed Apr 26, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Retirement income for 50+ years?
Replies: 118
Views: 7755

Re: Retirement income for 50+ years?

If the question really under discussion is whether or not a person in this situation should stay in "cash" until the market crashes or not, then maybe some thoughts would be these: 1. For the intended withdrawal rates and time span asset allocation matters a little but not a lot. It is not...
by dbr
Tue Apr 25, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 55
Views: 4869

Re: Investing $1M

I would add that like the $1M investment not being viewed in isolation from everything else you have, the $30K income should not be viewed in isolation from the rest of your financial situation. Isolating both of those into a separate discussion results in some irrelevant concerns. It is all about ...
by dbr
Tue Apr 25, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 55
Views: 4869

Re: Investing $1M

I've recently come into some money (a little over $1M) and have retired in my mid-30s. I want this money to produce $30k/yr after-tax income for me and my family for life. I totally subscribe to buying and holding low-cost index funds and withdrawing for income. However, now just does not seem to b...
by dbr
Tue Apr 25, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 55
Views: 4869

Re: Investing $1M

People can only respond to what is posted. It makes a great deal of difference if the $30K suggested is an amount that the investor has no ability to risk compared to the case of an investor who has a great deal of ability to tolerate and manage an uncertain outcome.

Further answers in another post.
by dbr
Tue Apr 25, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

I just want to know IF we ignore the work and time involved, plus ignore the risks involved (obviously it is apparent that you would be much less diversified owning a rental than stocks). Lets also ignore the appreciation of either because as I see it both could go up or down. Which will yield more...
by dbr
Tue Apr 25, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Doctor fees - Insured vs uninsured patients
Replies: 27
Views: 2634

Re: Doctor fees - Insured vs uninsured patients

I have Aetna ( HDHP). I have access to a service called Wellmatchhealth.com and I looked up prices for my visit among various providers. When i look up my Ophthalmologist, I see this: Regular price without Aetna $204 Aetna member rate $90 Your savings $114 Plan Pays $0 Amount towards deductible $90...
by dbr
Tue Apr 25, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

. . . What I like about real estate is that you are not far removed from understanding the whys or how's of your revenue stream, . . . That also says that if you don't understand the whys or hows of your income stream, then you are probably in deep trouble with this sort of venture. I agree with yo...
by dbr
Tue Apr 25, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing $1M
Replies: 55
Views: 4869

Re: Investing $1M

I think the biggest question to ask is how far you are going to get on $30k income for the rest of your lives including raising and educating children etc. Of course you haven't said this is your only source of income, and nothing precludes going out and earning money at any point in time. The risk ...
by dbr
Tue Apr 25, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Car troubles?
Replies: 18
Views: 1054

Re: Car troubles?

In my opinion this is probably all reasonable and the cost is probably not excessive. As said, you can check another garage for an estimate. Note the reply to check timing belt vs timing chain is a big deal. I also agree none of these is a must do today. Broken fan belts (serpentine belt) are a real...
by dbr
Tue Apr 25, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

Just from crunching some numbers, my parents say you can expect around 3,000$ from monthly rental income for every 500K invested in RE. Is this leveraged or unleveraged? How long have your parents been RE investors? Did they start investing before or after the RE crash of 2008? Ignoring appreciatio...
by dbr
Tue Apr 25, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Single Premium Immediate Annuity
Replies: 16
Views: 1296

Re: Single Premium Immediate Annuity

My thoughts on SPIAs are that in this low interest rate environment the returns aren't that appealing. I took a look at what you get per 100k of investing and didn't get all that excited. That is a consideration, but return is not a term that is applicable to comparing an insurance proposition to a...
by dbr
Tue Apr 25, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Car sharing with neighbors and liability
Replies: 15
Views: 1415

Re: Car sharing with neighbors and liability

My first stop would be my auto insurance company. If you have asked about insuring an LLC, what have they said otherwise about how this could work. My second thought is to ask how all the problems that could develop are worth doing this. It would seem the potential for sleepless nights has already m...
by dbr
Tue Apr 25, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

What kind of hit would be reasonable to expect on your monthly rental income from these holding expenses? An argument against holding real estate, and this is not meant to be snarky, is that if you are asking questions like this here, you probably should not be investing in real estate. If you are ...
by dbr
Mon Apr 24, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: A few questions about International... VXUS, VEA, VWO... low returns
Replies: 24
Views: 1547

Re: A few questions about International... VXUS, VEA, VWO... low returns

That's what Vanguard quotes for the fund's performance since inception (2007) for VEA. Maybe someday the SEC will make it illegal to quote data like that. dbr, May I ask why you feel that way? If someone went in 10 years ago with one lump sum, no dollar cost averaging(which is my current situation ...
by dbr
Mon Apr 24, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 3500

Re: Becoming a homeowner/landlord in a college town?

You might have second thoughts about living part of the year in parts of town where student rentals are concentrated. Also, "students gone in the summer" needs to be verified depending on the town and the college. A better bet might be parts of town where faculty and staff tend to live. Al...
by dbr
Mon Apr 24, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8368

Re: Why is Real-Estate so Bad?

There are some general considerations to keep in mind. 1. What is the prospect for return relative to the chances that return will not develop. Real estate is not immune to loss of value, sometimes substantial. The value of real estate goes up and down and is not "real" until you sell it. ...
by dbr
Mon Apr 24, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4094

Re: Is $20K I-Bonds considered cash or bond?

In the spirit of the last couple of replies and some other comments, I think the point here is that trying to identify cash as an asset class separate from low risk assets relative to stocks usually ends up more confusing than helpful. From an AA point of view we sometimes use the word "bonds&q...
by dbr
Sun Apr 23, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9131

Re: Why are pensions revered, but annuities reviled?

Whatever it is that is going on in that specific case can hardly be generalized to your conclusion about all pensions.

What it is that is going on would appear to take some explaining for sure.
by dbr
Sun Apr 23, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1114

Re: Just left my company and exercised my options [invest now or DCA?]

I think the best answer about how people feel is to ask them. Of course this is not simple if we mean to speak in general as we would have to collect a very large sample. Maybe the first question we should ask of any particular poster on the question of DCA is "How are you feeling about this an...
by dbr
Sun Apr 23, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4094

Re: Is $20K I-Bonds considered cash or bond?

I don't know how people come up with their own definition of cash. To me cash is liquid, does not have a holding period, does not result in a change in value with the market (other than inflation). If I go to Best Buy to buy a computer I cannot hand them an I-Bond, E-Bond, or CDs. I can give them p...
by dbr
Sun Apr 23, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4094

Re: Is $20K I-Bonds considered cash or bond?

I don't know how people come up with their own definition of cash. To me cash is liquid, does not have a holding period, does not result in a change in value with the market (other than inflation). If I go to Best Buy to buy a computer I cannot hand them an I-Bond, E-Bond, or CDs. I can give them p...
by dbr
Sun Apr 23, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Just left my company and exercised my options [invest now or DCA?]
Replies: 18
Views: 1114

Re: Just left my company and exercised my options [invest now or DCA?]

The underlying assumption on my part here is that the OP is considering the possibility of short term remorse if the OP has unlucky timing: if a single lump sum is invested and the market crashes within the DCA period. Your underlying assertion seems to be that it would be wrong to feel such remors...
by dbr
Sun Apr 23, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 603

Re: Truly appreciate your suggestions on my investments

What do you guys think of this plan? Thanks again I think the outline makes a lot of sense. I don't get the miniscule bits and pieces in the odd fund, especially things like tiny allocations to TIPS or healthcare. TIPS might make sense for a lot of money rather than a little. I don't think most peo...
by dbr
Sun Apr 23, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4094

Re: Is $20K I-Bonds considered cash or bond?

In questions like this there is no "is considered" but anyone can certainly themselves consider I bonds to be either depending on what the distinction means to you. Most often in the context of a forum like this the issue would be whether or not the asset is marketable and has a fluctuati...
by dbr
Sun Apr 23, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9131

Re: Why are pensions revered, but annuities reviled?

That was not my comment. But they may have meant that employees who left the company before accruing enough years to vest the pension benefit (or who died before collecting the pension benefit) receive nothing and their contributions help pay for the benefits paid to those who stay with the company...
by dbr
Sun Apr 23, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9131

Re: Why are pensions revered, but annuities reviled?

Even the Federal Government TSP subsidizes its operating costs with money left behind by short term participants. This is not the windfall alleged by the OP,however.
by dbr
Sun Apr 23, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 603

Re: Truly appreciate your suggestions on my investments

Taxable - $70K 20% cash 14K (5.5K is for 2017 Roth IRA contribution) 16% Fidelity® 500 Index Fund - Premium Class fund FUSVX $11K ER- .045% net and gross same 16% Fidelity® Total Market Index Fund - Premium Class FSTVX $11K ER-.045% net and gross same 32% Vanguard 500 Index Fund Admiral Class VFIAX...
by dbr
Sun Apr 23, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4094

Re: Is $20K I-Bonds considered cash or bond?

In questions like this there is no "is considered" but anyone can certainly themselves consider I bonds to be either depending on what the distinction means to you. Most often in the context of a forum like this the issue would be whether or not the asset is marketable and has a fluctuatin...

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