Search found 12994 matches

by pkcrafter
Fri Oct 19, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 38
Views: 2414

Re: What if your risk tolerance is lower than what's best for your portfolio?

I'd love to be at 20/80, but then I'd have to pay cap gains, so the lowest I can go without tax penalty is 30/70. How would a change in the asset allocation trigger a different tax? Our long-term savings have not yet entered into taxable (all IRA/401K) so I know less about that. I would like to und...
by pkcrafter
Fri Oct 19, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 38
Views: 2414

Re: What if your risk tolerance is lower than what's best for your portfolio?

Hi, Bogleheads. My AA is 37/63 now, after this slight correction. I lost more than a year's expenses in one week. I just hate losing money, even if it's only paper losses, especially now that I'm semi-retired. (I've lived through bears and recessions and don't panic sell. But my mood goes south.) H...
by pkcrafter
Thu Oct 18, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 49
Views: 4441

Re: Spoke with a CFP...underwhelming!

I have a family friend who is a CFP in the local area, and I've always been curious to talk to him, as I've only learned from reading, forums, blogs, etc. I was always eager to hear his take on where I stand, and his thoughts. I finally spoke with him yesterday afternoon, and it was a bit underwhel...
by pkcrafter
Fri Oct 12, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Scared to Jump
Replies: 11
Views: 1423

Re: Scared to Jump

Welcome, I have never seen a tax-efficient taxable account created by an advisor, so it might be good to post your current holdings so we can suggest an order of selling. What is your tax bracket? Here is another link for tax information from our Wiki https://www.bogleheads.org/w/index.php?search=ta...
by pkcrafter
Thu Oct 11, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Philosophy
Replies: 11
Views: 965

Re: Investing Philosophy

Peter, what you have written is an investment policy statement. https://www.bogleheads.org/wiki/Investment_policy_statement These can be difficult to write because the investor must get all the facts together and write up an organized plan. There are strong benefits in writing an IPS: It provides a ...
by pkcrafter
Wed Oct 10, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Comparing my performance against S&P 500
Replies: 20
Views: 1261

Re: Comparing my performance against S&P 500

Boba, I'm not sure the S&P 500 is the appropriate index. Maybe you are holding lots of tech stocks or mid and small cap, so you have to find a benchmark that is similar to your holdings, and you also need to know the amount of risk you are taking. You also have to track trading costs and taxes if in...
by pkcrafter
Wed Oct 10, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4873

Re: You know you’re a Boglehead when. . .

This is a "family-friendly" environment - things you can say in front of the little ones. I removed a post which used an "adult language" phrase for a certain type of money (having enough money so you don't need to work for a living). I also removed a reply which linked to a website (and subsequent...
by pkcrafter
Tue Oct 09, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Index vs. actively managed funds....is there a good tool to compare?
Replies: 24
Views: 1848

Re: Index vs. actively managed funds....is there a good tool to compare?

Cody, here are the persistence scoreboards from S&P. Take a look at first link, March 2018. https://us.spindices.com/resource-center/thought-leadership/spiva/ Active vs Passive. Download "Latest Reports, SPIVA® U.S. Year-End 2017," then look at page 6 to see performance data over multiple years. htt...
by pkcrafter
Tue Oct 09, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: How to get over paper loss?
Replies: 43
Views: 3837

Re: How to get over paper loss?

I feel your pain. I have some losses pre-boglehead days of individual stocks in my Roth IRA. I just can't bring myself to sell them knowing how valuable Roth space is. I understand the opportunity cost of keeping them as opposed to buying vti or vxus but I keep hoping for them to go up. (This is no...
by pkcrafter
Sun Oct 07, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Rate of return in negative
Replies: 16
Views: 1898

Re: Rate of return in negative

New to investing & started my 401k around month & half ago. I am investing $1500/month to Vanguard Instl Trgt Retire 2050 Instl. I know rate of return fluctuates but it's currently at (-1.50%). Rate of return is in negative. Is this normal & expected. Whoops, stop and reread what your wrote, "I kno...
by pkcrafter
Sun Oct 07, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding management fees and expense ratio
Replies: 9
Views: 423

Re: Understanding management fees and expense ratio

The fund you listed has a net ER (expense ratio) of 0.89%. That is the total cost. However, if your dad has a managed account there will be an additional and separate account management fee charged by the advisor. 1% is the norm, but it could be higher.



Paul
by pkcrafter
Sun Oct 07, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Management fees
Replies: 5
Views: 466

Re: Management fees

But the problem is that once I leave, she'll charge my husband with a 2.5% fee. This needs some explanation since it is highly unusual. Is it because when you leave your husband will be under the minimum required to get the 1%. 1% is bad enough, and your husband is nuts to stay with an advisor who ...
by pkcrafter
Sat Oct 06, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Based on all history to date, the only question I have is why one would want either one. Very well, QSPIX (yellow) beat the category average (orange), and VASFX (blue) beat QSPIX--but neither of them beat Morningstar's "moderate target risk" benchmark (green). To my eyeball it doesn't look as if ei...
by pkcrafter
Sat Oct 06, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5859

Re: 7 Investing Truths That Aren't

I don't get the knock on the eight year old comment. It simply comes down to investing can, and for most, should be very simple. We explain it that way to unknowledgeable adults every day. :happy

Paul
by pkcrafter
Sat Oct 06, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for help investing 140k savings
Replies: 15
Views: 1962

Re: Looking for help investing 140k savings

I set up a free consultation with another advisor later in October and will present them with a version of this plan. I will reply with more detail as I get closer to putting a plan in to action. Thank you all! Was the first advisor EJ? Who is the second advisor? The second advisor will most likely...
by pkcrafter
Sat Oct 06, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2812

Re: The Psychological Dimension Of The Transition To Retirement

For those of you who are retired, how did you become comfortable with moving from a lifetime of accumulating assets to a de-accumulation mindset? I will retire in another week, a few months before my 62nd birthday, and I am finding the prospect of the transition to be somewhat daunting. No problem,...
by pkcrafter
Fri Oct 05, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Combating Analysis Paralysis
Replies: 17
Views: 1859

Re: Combating Analysis Paralysis

Short story - plans to retire early at 60, just less than 4 years away with pension and SS and planning to take between 3.5% and 4% of a not yet $1million portfolio each year. Hmmmm. The 80/20 idea appears to be for after retirement. I don't know what the current portfolio has. If the initial withd...
by pkcrafter
Fri Oct 05, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Learned some lessons... back for fresh approach
Replies: 17
Views: 2131

Re: Learned some lessons... back for fresh approach

If you start buying individual bonds through a broker you have to be careful of potential 5% commish on each bond.

Paul
by pkcrafter
Fri Oct 05, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Differences between Index Funds
Replies: 20
Views: 1930

Re: Differences between Index Funds

Hello, I'm new to investing. I opened an account with Charles-Schwab and started investing with them. Vanguard always seems to be the index funds people praise but I invested with Charles-Schwab index funds since they had no commission. Is there a major difference between the two that could make up...
by pkcrafter
Thu Oct 04, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the Market
Replies: 16
Views: 1817

Re: Timing the Market

Welcome, They say it is impossible to time the market. I am very conservative, so I've been saving to have 1-years worth of fully liquid living expenses (mostly all in high-yield checking or MM accounts). I recently reached that 1-year expenses goal, so I decided to start doing some investing in a t...
by pkcrafter
Thu Oct 04, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Self-employee investments
Replies: 5
Views: 400

Re: Self-employee investments

Here is some information on small business options from Schwab. Vanguard also has information on these plans.

https://www.schwab.com/public/schwab/in ... retirement


Paul
by pkcrafter
Thu Oct 04, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 42
Views: 3258

Re: Opinion's: Best time to withdraw RMD's when required to do so.

Is anyone taking the RMD and then requesting a certain amount be withheld for taxes?

Paul
by pkcrafter
Thu Oct 04, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Learned some lessons... back for fresh approach
Replies: 17
Views: 2131

Re: Learned some lessons... back for fresh approach

Background: $2.4M taxable portfolio (invested with a traditional broker) If your broker is typical of almost all we see here, then your taxable portfolio contains tax-inefficient funds. Please list the holdings $400k IRA (invested in simple three fund portfolio) :thumbsup $400k private investments ...
by pkcrafter
Tue Oct 02, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7338

Re: Bonds... Why do people bother with them. ?

Desired Asset allocation: Idk point of post ??% stocks / ??% bonds Desired International allocation: 00% of stocks (Prognosis for geopolitics looks bad) From the replies or other information, did you come up with an asset allocation you can hold? Interesting that someone who wants 100% stock does n...
by pkcrafter
Tue Oct 02, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7338

Re: Bonds... Why do people bother with them. ?

Re: Bonds... Why do people bother with them. ? Anyone who would ask this does not understand risk nor investors. Risk Some people do have a risk-taking gene, and you probably qualify. Fine, but let's not compare to 2008, let's look at 1929. Here is Taylor Larimore's account of the '29 crash Our fam...
by pkcrafter
Tue Oct 02, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Feeling wobbly
Replies: 14
Views: 1444

Re: Feeling wobbly

Jeresoph, are you now withdrawing from retirement accounts? When you stop part time work, what will your withdrawal rate be? The only way to go 70% stock is if you have/will have a low withdrawal rate, which gives you more ability to take risk. There is not much wrong with the advisor's recommendati...
by pkcrafter
Mon Oct 01, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about portfoilo: VBIAX and VTSAX
Replies: 15
Views: 1183

Re: Questions about portfoilo: VBIAX and VTSAX

Duckie wrote:
Mon Oct 01, 2018 5:48 pm
catescape wrote:I'm in my mid-30s, teaching at a state university which doesn't offer 401k but a pension.
I've never heard of a state university that doesn't have some kind of optional retirement plan like a 403b or 457b. Check again.
+1. My question also.


Paul
by pkcrafter
Sun Sep 30, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Domestic-International Equity Ratio at Retirement
Replies: 12
Views: 693

Re: Domestic-International Equity Ratio at Retirement

40% is Vanguard's recommendation, but I believe posters here would suggest anything from 20% minimum to 40% maximum international.

Paul
by pkcrafter
Sun Sep 30, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Desperate for FInancial Help
Replies: 11
Views: 1233

Re: Desperate for FInancial Help

Pahumbug, here is a link to posting information - https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Your feelings about retirement are pretty normal. It can be emotionally difficult to go from years of regular income to no income. I've compared it to suddenly finding yourself on a tightrope ...
by pkcrafter
Fri Sep 28, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help selecting funds for 403 b account
Replies: 6
Views: 418

Re: Help selecting funds for 403 b account

I am just wondering what is closest to the VTSMX option. I read that VINIX isn't equivalent to a total stock market option. I imagine the bonds can be covered by VBTIX and the internal stocks by VTSNX. As DA200 shows, you can approximate total stock market with VINIX and VIEIX. VIEIX is the institu...
by pkcrafter
Fri Sep 28, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: First time investor
Replies: 14
Views: 1156

Re: First time investor

Welcome, Yes, it would help with better replies if you could post information as shown in the link by PFInterest. Here is some information of using taxable accounts. https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Also, be sure to look at all retirement accounts as one portfolio. That w...
by pkcrafter
Fri Sep 28, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Overly diversified - consolidate ?
Replies: 7
Views: 744

Re: Overly diversified - consolidate ?

The first thing that jumps out at me is tax-inefficiency--bond funds, and W & W are also not tax-efficient. No tax-deferred accounts?
V- we have also been migrating from the Tot Bond fund to the Muni fund.
Yes, that's exactly what you should be doing.

Paul
by pkcrafter
Fri Sep 28, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Using Equity (VTSAX) Dividends to Buy Bond Fund (VBTLX)
Replies: 8
Views: 821

Re: Using Equity (VTSAX) Dividends to Buy Bond Fund (VBTLX)

Rather than automatically reinvest in more equity shares (VTSAX) is it sound to use those dividends to buy additional shares of bond fund (VBTLX)? This process would help rebalance my AA as it's a bit over 5% now in my TIRA. My bond fund (VBTLX) is down about .50/share from where I invested initial...
by pkcrafter
Thu Sep 27, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup (Part II)
Replies: 4
Views: 565

Re: Financial Checkup (Part II)

Your grade for this term is "A"



Paul
by pkcrafter
Thu Sep 27, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Moving investment from high cost mutual fund to vanguard
Replies: 3
Views: 386

Re: Moving investment from high cost mutual fund to vanguard

Hello- First post here. The advice here is incredible. I have dollar cost averaged into a real estate fund over 12 years in a taxable account. The performance was good for a little while but has now lagged most indexes. Inertia is the only reason I did not get out earlier but now the amount is sign...
by pkcrafter
Thu Sep 27, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: FSBAX for saving future house down payment (Fidelity® Short-Term Treasury Bond Index Fund - Premium Class
Replies: 5
Views: 354

Re: FSBAX for saving future house down payment (Fidelity® Short-Term Treasury Bond Index Fund - Premium Class

corn18 wrote:
Thu Sep 27, 2018 7:37 am
FSBAX Fidelity® Short-Term Treasury Bond Index Fund - Premium Class

I am saving for a house purchase in 3-5 years. Would FSBAX be an acceptable place to park the funds until needed?
Yes.
by pkcrafter
Wed Sep 26, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: "Freedom, Freedom Index, or Freedom Blend: Understanding Fidelity’s Confusing Lineup Of Target-Date Funds"
Replies: 6
Views: 889

Re: "Freedom, Freedom Index, or Freedom Blend: Understanding Fidelity’s Confusing Lineup Of Target-Date Funds"

Thanks for the heads up. I see it this way... new investor: "I've heard that index funds are good, does Fidelity Freedom blend use those." Fidelity rep: "Yes, yes, they have index funds, but our finest analysts have enhanced these funds with exclusively selected active funds, so you get the best of ...
by pkcrafter
Wed Sep 26, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: New, and trying to learn about 3 fund portfolio and more retirement issues
Replies: 35
Views: 2000

Re: New, and trying to learn about 3 fund portfolio and more retirement issues

Paul, I tried to understand your post. First, wouldn’t vanguard lifestrategy be better for than a target date, since you said to a choose by asset allocation and not the date? Life strategy’s do just that. I do understand I could just pick a different target date, but that would change as I get old...
by pkcrafter
Wed Sep 26, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: New, and trying to learn about 3 fund portfolio and more retirement issues
Replies: 35
Views: 2000

Re: New, and trying to learn about 3 fund portfolio and more retirement issues

Paul, yes it was the drop earlier this year, lol. So, back to my questions, When I do get back in, how should I be invested? I was thinking I should be 100% stocks or at most 80-20. How do I achieve this between the two Roth’s and my tsp, and hopefully we set up a taxable account as well. What fund...
by pkcrafter
Wed Sep 26, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: New, and trying to learn about 3 fund portfolio and more retirement issues
Replies: 35
Views: 2000

Re: New, and trying to learn about 3 fund portfolio and more retirement issues

applejack:
I’m not scared of going 100 % stocks. I always was 100% stocks.
You are not 100% now.

You are not scared of going 100% stocks? :shock: Your behavior strongly says otherwise. Investor, know thyself. :happy

Paul
by pkcrafter
Wed Sep 26, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: New, and trying to learn about 3 fund portfolio and more retirement issues
Replies: 35
Views: 2000

Re: New, and trying to learn about 3 fund portfolio and more retirement issues

applejack, I don't mean to single you out, but you might be the poster boy for market timing. Your story is a vivid example of why market timing doesn't work. When an investor decides to get out, he is then faced with making the call to get back in. It's very difficult because you have no sound data...
by pkcrafter
Tue Sep 25, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6360

Re: Emotional Investor - I'm a mess and need help!

Thank you everyone. I’m rereading everything here. I realize I’m the problem here and that’s why I’ve laid bare my dilemma. Thank you for all your time and advice. This is interesting. Did you know there is such a thing as a risk-taking gene? Just by my observations and the work they do, I believe ...
by pkcrafter
Tue Sep 25, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Asset allocation and management for a newbie!
Replies: 13
Views: 1145

Re: Need help with Asset allocation and management for a newbie!

One thing you need to do is think of all accounts as one portfolio. Doing that decreases overall number of funds and makes the whole portfolio much more efficient. You have these funds in taxable - VEXPX Vanguard Explorer Fund, and VGHCX Vanguard Health Care Fund. These funds are not tax-efficient a...
by pkcrafter
Tue Sep 25, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to create good ETF Portfolio?
Replies: 19
Views: 1570

Re: How to create good ETF Portfolio?

Hi, only about 3k is earned income. Is it still possible to open an IRA or Roth IRA? I thought I need a current income from a job which I don't have atm, in school right now. Those Freedom Index funds look cool, I will look into them. How are these sample portfolios from Fidelity: https://www.fidel...
by pkcrafter
Tue Sep 25, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: How to create good ETF Portfolio?
Replies: 19
Views: 1570

Re: How to create good ETF Portfolio?

Welcome, Is the 5k earned income? If so, you can open an IRA or Roth IRA at Fidelity and buy a Fidelity Freedom Index fund--something like Fidelity Freedom Index 2030, which is very close to 75% equity/25% bond (75/25). I wouldn't go much higher than that in equity when just starting out. The Freedo...
by pkcrafter
Mon Sep 24, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing/modifying a portfolio
Replies: 6
Views: 641

Re: Rebalancing/modifying a portfolio

Greetings everyone, My current portfolio is: 60% Vanguard Total Stock Mkt Idx Adm (VTSAX) 40% Vanguard Total Intl Stock Lx Admiral (VTIAX) I have this portfolio for the last 4 years and now I just want to lower my international exposure to 20%. That means, transferring the 20% from VTIAX to VTSAX. ...
by pkcrafter
Mon Sep 24, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for My First Recession?
Replies: 63
Views: 7254

Re: Preparing for My First Recession?

Yes, you're thinking of market timing. The real problem here is a bad choice on your original asset allocation. Allocation adjustment is OK here, but keep in mind when you do it never go back to 100% stock. Most long time members here will recommend 80% max in equity. Never forget the stock market r...
by pkcrafter
Sun Sep 23, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6360

Re: Emotional Investor - I'm a mess and need help!

Thank you everyone. Your advice is truly priceless. From reading your posts I think I'm probably overthinking things too much. I know this is related to my personality of aiming for perfection and trying to find that strategy that will give me the best end result but the truth is as one of you said...