Search found 13541 matches

by pkcrafter
Wed Nov 20, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 14
Views: 921

Re: Rebalancing

Yes what I meant to say is most of my equities is in S&P and international 80/20. My equity to bond ratio is 80/20. For example if I have total $100,000 in my portfolio, $64,000 in S&P $16,000 in international $20,000 in bonds Now suppose the S&P goes up 5%, for the sake of argument, the internatio...
by pkcrafter
Wed Nov 20, 2019 2:01 pm
Forum: Investing - Theory, News & General
Topic: Investing in a taxable account
Replies: 4
Views: 559

Re: Investing in a taxable account

We are in our 80's with one taxable joint account and have more cash to invest than normal as we sold our home. We will not have a tax on the sale but the cash will be in our account. We are not adverse to risk as long as it's conservative so I have considered using both bond and equities. I have a...
by pkcrafter
Wed Nov 20, 2019 10:17 am
Forum: Personal Investments
Topic: Investment Ideas
Replies: 82
Views: 5141

Re: Investment Ideas

That is what I told him to do. To put that money on Money Market Account and start pouring slowly from there. And yes it would take about 4 years for his and his wife. Meanwhile he would get some percentage yield from money market account and he would decrease their annual taxable account, which wo...
by pkcrafter
Tue Nov 19, 2019 1:31 pm
Forum: Personal Investments
Topic: Newbie: Transfer Traditional IRA from American Century to Fidelity to lower expense ratio and have more choices?
Replies: 6
Views: 236

Re: Newbie: Transfer Traditional IRA from American Century to Fidelity to lower expense ratio and have more choices?

Ellen, make sure you do a custodian to custodian direct transfer that is initiated at Fidelity. If a check is sent to you taxes will be withheld and you will have to replace it.


Paul
by pkcrafter
Tue Nov 19, 2019 11:32 am
Forum: Personal Investments
Topic: Portfolio help - pre-retirement questions
Replies: 9
Views: 719

Re: Portfolio help - pre-retirement questions

Bogleheads I've been a little hesistant (actually very hesitant :-) to ask for help Why? You have found Bogleheads and you should embrace our philosophy. Right now your portfolio is a high cost mess. but the more I think about it and pray about it, I'm realizing that asking for help is definitely t...
by pkcrafter
Tue Nov 19, 2019 9:41 am
Forum: Personal Investments
Topic: My 401k /457b Removing Most Index Funds
Replies: 4
Views: 338

Re: My 401k /457b Removing Most Index Funds

Spectre, that move by your plan provider is simply incredible in a world where most plans are adding index options. :twisted:

Paul
by pkcrafter
Mon Nov 18, 2019 11:11 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 97
Views: 6003

Re: Why do you have to "beat the market"?

I think what I'm having trouble understanding is Why do you HAVE to beat something (the market for example). Why can you not just make good returns on your investment(s)? Why does it matter that I would want to "beat" something else? For example, an index? Maybe I just need more time understanding ...
by pkcrafter
Mon Nov 18, 2019 10:54 am
Forum: Personal Investments
Topic: A discussioin on Indexing for new members
Replies: 1
Views: 309

A discussioin on Indexing for new members

Here is a discussion on indexing featuring some of the top people in research including Jack Bogle (2017). It’s hard enough to save for a house, tuition, or retirement. So why are we willing to pay big fees for subpar investment returns? Enter the low-cost index fund. The revolution will not be mone...
by pkcrafter
Sat Nov 16, 2019 10:45 am
Forum: Personal Investments
Topic: Why am I taking so much risk?
Replies: 44
Views: 4874

Re: Why am I taking so much risk?

Do stocks protect against inflation? If you don't have any portfolio growth, then inflation can shrink your spending power by half in about 25 years. In other words, $1000 you have today will only buy half in 25 years of what the S1000 will buy today. Holding stocks is one of the only ways you can ...
by pkcrafter
Sat Nov 16, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: What happened to FXNAX during 2008?
Replies: 24
Views: 1097

Re: What happened to FXNAX during 2008?

Blue456 wrote:
Sat Nov 16, 2019 8:28 am
Does anybody have data/info what happened to US Bond Index Fund in 2008?
Don't have data of Fidelity TB index performance, but Vanguard's fund, VBMFX, was up 5% in 2008.

Paul
by pkcrafter
Sat Nov 16, 2019 9:46 am
Forum: Personal Investments
Topic: Why am I taking so much risk?
Replies: 44
Views: 4874

Re: Why am I taking so much risk?

I am hoping to get a broad range of thoughts on the issue of risk, as it relates to my personal situation and risk tolerance. I am 56 years old, and my asset allocation is approximately 50/50. I am ten years from retirement. The closer I get to retirement, and the more I accumulate, the more anxiou...
by pkcrafter
Sat Nov 16, 2019 12:05 am
Forum: Personal Investments
Topic: 50/50 to 45/55
Replies: 38
Views: 3067

Re: 50/50 to 45/55

Homer, you might consider going to 40/60 now and holding that AA from now on. Paul I thought about it as a smart move to lock in a lot of gains, and also thought about sticking with 50/50 in case the market kept going up, but went with 45/55 as a compromise since I couldn't decide :) I've never rig...
by pkcrafter
Fri Nov 15, 2019 9:05 pm
Forum: Personal Investments
Topic: 50/50 to 45/55
Replies: 38
Views: 3067

Re: 50/50 to 45/55

Homer, you might consider going to 40/60 now and holding that AA from now on.

Paul
by pkcrafter
Fri Nov 15, 2019 4:46 pm
Forum: Personal Investments
Topic: New to Forum. Vanguard funds from Fidelity account?
Replies: 10
Views: 733

Re: New to Forum. Vanguard funds from Fidelity account?

Hi. Welcome, Am I better served by setting up my accounts w/Fidelity and investing in Vanguard funds that way? My intention is to take some money from the sale of my father's house (he passed 3 years ago) and invest in both taxable and Roth accounts. To be simple I figure to go straight to a total ...
by pkcrafter
Fri Nov 15, 2019 10:51 am
Forum: Personal Investments
Topic: New to investing, starting a roth ira at 46
Replies: 26
Views: 1974

Re: New to investing, starting a roth ira at 46

Welcome to the forum, Hi, Regrettably, at 46 I have just begun to start a Roth Ira at Fidelity. I plan on working at least another 20 years, and maybe never retiring really as I don't think I can afford to. I don't make a lot of money and I'm single and have no kids. Is it too late to start a Roth?...
by pkcrafter
Thu Nov 14, 2019 11:45 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 21798

Re: Holding bonds vs 100% equities

“The market can stay irrational longer than you can stay solvent.” John Maynard Keynes. It seems very inappropriate to suggest 100% stocks to investors we don't know, which includes those that don't yet know their own tolerance. Some investors can go 100% stock, but I don't think they represent the ...
by pkcrafter
Wed Nov 13, 2019 12:01 pm
Forum: Personal Investments
Topic: New financial responsibilities - a young couple seeking advice
Replies: 19
Views: 1505

Re: New financial responsibilities - a young couple seeking advice

Baxxter, you are receiving good advice, so I just have one comment... Current retirement assets His 401k: $14k – company match is ~4%, fully vested in a couple of years 40% Vanguard Target Retirement 2055 25% Vanguard Mid Cap Index 20% Vanguard 500 Index 15% Vanguard Small-Cap Index Her 403b: $10k (...
by pkcrafter
Tue Nov 12, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: The End Is Near....Isn't It ?
Replies: 27
Views: 2134

Re: The End Is Near....Isn't It ?

So, am I the only one who feels uncomfortable with what the economy has in store for us in 2020 ? No, you're not the only one. I am a lifelong boglehead....index funds, proper asset allocation, stay the course, ignore the noise, think long term...yep. All have served me well....BUT...I'm a little o...
by pkcrafter
Tue Nov 12, 2019 4:37 pm
Forum: Personal Investments
Topic: Dad is looking to move money out of Fisher Investments...need advice
Replies: 16
Views: 3113

Re: Dad is looking to move money out of Fisher Investments...need advice

My dad has a fair amount of his and my mom's retirement money at Fisher Investments. I recommended to him that he read "The Little Book of Common Sense Investing", and I think he's starting to catch on. He asked that I give him some proposed asset allocations in the event he decides to move some or...
by pkcrafter
Mon Nov 11, 2019 3:18 pm
Forum: Personal Investments
Topic: 5 fund portfolio
Replies: 10
Views: 1359

Re: 5 fund portfolio

Welcome,

How much do you hold, or want, in bonds? This decision sets the primary asset allocation. Most recommendations for REITS are 10-15% of equity. International is usually suggested between 15-40% of equity. Most are holding 25-30% in int. No recommendation for gold.

Paul
by pkcrafter
Sun Nov 10, 2019 6:56 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 21798

Re: Holding bonds vs 100% equities

The views of risk-takes and risk averse investors continues on in this thread with no agreement and each saying the other is wrong. It's only right or wrong for the individual investor, so it's a good idea to NOT TELL an investor you don't know that he should or should not be 100% stocks. I like thi...
by pkcrafter
Sun Nov 10, 2019 10:29 am
Forum: Personal Investments
Topic: Ira allocation
Replies: 4
Views: 206

Re: Ira allocation

Have approx 1.5 million in nest egg, 74 yrs old, half ira, half taxable. Allocation percentage for all is 40 percent. Index funds and st bonds in both ira and taxable Ira is 30 percent While taxable is 50 percent allocation I receive enough in rmd, dividends, and ss to live fine. My question since ...
by pkcrafter
Fri Nov 08, 2019 1:46 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 21798

Re: Holding bonds vs 100% equities

Wow, this thread is a classic and fascinating example of how AA recommendations can differ depending on if the responding poster is a risk seeker or risk averse . Once again, It's very clear that these two types of investors CANNOT understand or even see the other side. What is clear is 100% stocks ...
by pkcrafter
Thu Nov 07, 2019 3:07 pm
Forum: Personal Investments
Topic: Financial Advisor
Replies: 21
Views: 2279

Re: Financial Advisor

Update... We moved our Roth IRAs to Fidelity and are self-managing. Very pleased with the transfer process. Everything transferred over in the same funds, then we sold everything and made our purchases. Best move ever! Very good. Now, do you still have investments through the bank? Getting a deferr...
by pkcrafter
Thu Nov 07, 2019 10:06 am
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2626

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

Investor behavior and performance, O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..." They were the accounts of people who forgot they had an account at Fidelity." https://www.businessinsider.com/forgetful-investors-performed-bes...
by pkcrafter
Wed Nov 06, 2019 3:28 pm
Forum: Personal Investments
Topic: How to optimize $2k bonus for Chase private banking
Replies: 7
Views: 1220

Re: How to optimize $2k bonus for Chase private banking

Welcome to the forum. I don't have an answer to your question except to say don't invest with Chase, so I'll bump your question up for additional comments.

Paul
by pkcrafter
Tue Nov 05, 2019 10:40 am
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 4625

Re: Stock market at its peak

Hi everyone, I have a large sum of money and would like to invest in Total stock market or S&P 500. Unfortunately these two stocks are now are at all-time high and I am just wondering if there is a better strategy of investing when the market is at its peak. Thank you! Welcome, snap-rp. I believe t...
by pkcrafter
Sun Nov 03, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: How do you reconcile these two opposing views
Replies: 42
Views: 3681

Re: How do you reconcile these two opposing views

From 2017-- Bernstein's bond choice.

viewtopic.php?t=230930

What have we learned?

Paul
by pkcrafter
Sat Nov 02, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: How do you explain individual stock risk (idiosyncratic) vs. stock market risk (systematic) in a simple, intuitive way?
Replies: 21
Views: 1209

Re: How do you explain individual stock risk (idiosyncratic) vs. stock market risk (systematic) in a simple, intuitive w

"Why don't you own individual stocks?", and I tell them "Because stock-specific risk is not systematic, it's unnecessary risk that can be diversified away, and this improves risk-adjusted performance", they might give me a blank look and not understand the essence of what I'm saying. Technically, w...
by pkcrafter
Sat Nov 02, 2019 11:58 am
Forum: Personal Investments
Topic: New to investing.. Inheritances. We are already retired 65y & 72 yrs old
Replies: 23
Views: 2486

Re: New to investing.. Inheritances. We are already retired 65y & 72 yrs old

Taxable VBILX Vanguard Intermediate-Term Bond Index Fund Admiral Shares VWIAX Vanguard Wellesley Income Fund Admiral Shares VWENX Vanguard Wellington Fund Admiral Shares These funds are not tax-efficient and should not be in a taxable account. https://www.bogleheads.org/wiki/Tax-efficient_fund_plac...
by pkcrafter
Wed Oct 30, 2019 9:19 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5138

Re: Afraid to take the leap

stef, your AA at 100% stock is higher than your personal risk tolerance, so you have to reduce it so it’s in your comfort zone. Perhaps somewhere between 50 and 75% stock?

There really no time that is “safer.” No matter when you enter, risk is there.

Paul
by pkcrafter
Mon Oct 28, 2019 11:29 pm
Forum: Personal Investments
Topic: Purchase Fee on Vanguard Bond Fund
Replies: 11
Views: 1218

Re: Purchase Fee on Vanguard Bond Fund

I'm looking to add a dedicated corporate bond fund to my taxable account. The obvious one that jumps out is VICSX Intermediate Term Corporate Admiral. Of course I'd rather have it in my IRA account, but not possible to put new $$ there since I'm retired. You don't have to put new money into your IR...
by pkcrafter
Fri Oct 25, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: New Investors, here's some interesting data
Replies: 3
Views: 642

New Investors, here's some interesting data

More evidence that it’s really hard to ‘beat the market’ over time, 95% of finance professionals can’t do it https://www.aei.org/carpe-diem/more-evidence-that-its-really-hard-to-beat-the-market-over-time-95-of-finance-professionals-cant-do-it/ The 10-year trailing return for the S&P 500 ranks in th...
by pkcrafter
Wed Oct 23, 2019 1:36 pm
Forum: Investing - Theory, News & General
Topic: "Dogs of the Dow" in a Roth IRA with Zero Commissions
Replies: 52
Views: 3374

Re: "Dogs of the Dow" in a Roth IRA with Zero Commissions

I don't agree with putting all my net worth into total market index funds. This prevents me from having the opportunity to outperform. I don't like to preclude myself of any opportunities to do better than the average. I reach for high performance. Are you saying total stock market indexing produce...
by pkcrafter
Wed Oct 23, 2019 10:10 am
Forum: Personal Investments
Topic: QCDs in first year of RMDs
Replies: 10
Views: 861

Re: QCDs in first year of RMDs

stlrick wrote:
Wed Oct 23, 2019 7:11 am
AlanS:

It appears you found the regulation. Thanks very much.

Rick
Alan S is an expert in this area. :moneybag

Paul
by pkcrafter
Wed Oct 23, 2019 10:03 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2061

Re: How do you get over an investing mistake?

It was not a mistake. The actual mistake was not taking more off the table. What you describe now is greed, not smart investing. No matter how much you researched it, it could have failed.

Paul
by pkcrafter
Tue Oct 22, 2019 6:53 pm
Forum: Personal Investments
Topic: Portfolio Feedback/Advice?
Replies: 14
Views: 756

Re: Portfolio Feedback/Advice?

FAR15 wrote:
Tue Oct 22, 2019 3:51 pm
Greetings. I previously posted about moving funds (mine and my spouse’s) from Ameriprise to Vanguard. Since then, we have done so. Our financial advisor continues to provide advice for a fixed price

You are still using an Ameriprise advisor?? Ongoing at 1%?

Paul
by pkcrafter
Tue Oct 22, 2019 6:14 pm
Forum: Personal Investments
Topic: Emergency Fund - why not VTSAX?
Replies: 52
Views: 4775

Re: Emergency Fund - why not VSTAX?

Hi, I keep reading about emergency fund in a savings account, and I am worrying about getting something wrong...why not keep it in one of the VSTAX or some other fund the like? Why do people insist in having it in savings account? Is it do have it immediately available? Or is it related to transact...
by pkcrafter
Tue Oct 22, 2019 12:52 pm
Forum: Personal Investments
Topic: Investing in equities in EDJ as cheaply as possible
Replies: 21
Views: 1367

Re: Investing in equities in EDJ as cheaply as possible

Welcome Jules, I know you are trying to do the right thing, but your emotions are really tied up. I was trying to be brief, since my post was already long, but apparently I didn't include enough details to overcome a boglehead's hatred for EDJ. I"m with you on high fees. EDJ has particularly high fe...
by pkcrafter
Mon Oct 21, 2019 5:33 pm
Forum: Personal Investments
Topic: Advice for friend - lots of loads and high ER yet good returns
Replies: 37
Views: 2507

Re: Advice for friend - lots of loads and high ER yet good returns

Compoundinterest, you and friend should be aware that class A funds have a front-end load (commission) that is removed before the remainder of the money is invested, so returns do not reflect the entire amount handed over to the advisor, they only reflect what was invested after the advisor grabbed ...
by pkcrafter
Mon Oct 21, 2019 3:50 pm
Forum: Personal Investments
Topic: Portfolio Review-Lazy Not for me
Replies: 28
Views: 1606

Re: Portfolio Review-Lazy Not for me

Years of buying without a Portfolio plan. I found this board and love it. I changed to the Lazy 3 fund Portfolio. After just two weeks i'm pulling out of the Lazy 3 funds. I think it great for some but it's not for me. Here's my new Portfolio. It's more in line with Paul Merriman, it's also more me...
by pkcrafter
Mon Oct 21, 2019 3:04 pm
Forum: Personal Investments
Topic: suggest 50/50 portfolio
Replies: 24
Views: 3822

Re: suggest 50/50 portfolio

Wild Willy, I have looked carefully at minimum withdrawal rate for someone withdrawing ~4%, no pension, only SS. I found that 40% equity does (did) keep up the portfolio value, but 35% was not quite enough. Everyone's situation is a bit different, but without pension, etc, I now suggest 40% minimum ...
by pkcrafter
Sun Oct 20, 2019 6:29 pm
Forum: Personal Investments
Topic: VFIAX vs PDGIX in 457b plan?
Replies: 5
Views: 332

Re: VFIAX vs PDGIX in 457b plan?

Look at Morningstar perfomance chart for PDGIX vs index. It looks like the index has slightly outperformed recently and clearly outperformed over the past several years. Here's a link which will take you to "portfolio." Once there, chick on "performance." https://www.morningstar.com/funds/xnas/pdgix...
by pkcrafter
Sat Oct 19, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 808

Re: H 4 P program

I know one retirement planner mentioned on BH (Wade Pfau, PhD) has done research on using reverse mortgages during retirement. You may find his website useful: https://retirementresearcher.com/using-reverse-mortgages-responsible-retirement-income-plan/ Another article I saw: https://www.forbes.com/...
by pkcrafter
Sat Oct 19, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 808

Re: H 4 P program

I know one retirement planner mentioned on BH (Wade Pfau, PhD) has done research on using reverse mortgages during retirement. You may find his website useful: https://retirementresearcher.com/using-reverse-mortgages-responsible-retirement-income-plan/ Another article I saw: https://www.forbes.com/...
by pkcrafter
Sat Oct 19, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage - H 4 P program
Replies: 12
Views: 808

Reverse Mortgage - H 4 P program

H 4 P is a reverse mortgage program for seniors. A friend is interested and asked me about it. Since it's a reverse mortgage I said no, but now I'm not so sure. Any experience or feedback? One article on H 4 P https://reversemortgagedaily.com/2017/02/28/despite-latest-hud-ruling-h4p-hurdles-remain-c...
by pkcrafter
Fri Oct 18, 2019 12:48 pm
Forum: Personal Investments
Topic: Where To Park My Money While Saving Up For New Fund
Replies: 6
Views: 1013

Re: Where To Park My Money While Saving Up For New Fund

So I'm still new to this. I have only one fund so far: VTSAX. I'm currently saving up for a new fund: VBTLX. Is VTSAX in a tax-deferred account, or in a taxable account? Do you have any tax-advantaged accounts like 401k, IRA or Roth? You should consider all accounts as part of one portfolio, and bo...
by pkcrafter
Fri Oct 18, 2019 11:22 am
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9813

Re: Retiring and Getting Over The Fear of Quitting?

Random Poster, the above replies are very good. I see that you are no stranger to Bogleheads so you should be familiar with safe withdrawal rate and portfolio construction. How much you should have in equities depends on your withdrawal %, but I think about 40% in equity is about the amount needed t...
by pkcrafter
Thu Oct 17, 2019 7:32 pm
Forum: Personal Investments
Topic: Fidelity Target or John Bogle advice?
Replies: 14
Views: 1725

Re: Fidelity Target or John Bogle advice?

So my understanding was that John Bogle recommended investing your age in bonds and reminder in index. Fidelity Target Funds however don't seem to be following this ratio. I am 40 years old and I want to retire in 2035. Mr. Bogle would recommend I have 40% in bonds and 60% in index. But check out F...