Search found 3023 matches

by Dale_G
Mon Feb 26, 2018 2:19 am
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9801

Re: Blasphemy... DO PEEK!

I update my portfolio spreadsheet most days of the week (Lotus 123 Millennium Edition circa 1999) - and my Lotus files go back to 1982. Various computer crashes eliminate any records before that. Too bad, I like to know what I have done and why. Pre-1982, I can only guess. I am an octogenarian Engin...
by Dale_G
Sun Feb 25, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Moving Fla to PA Before Filing Income Tax
Replies: 9
Views: 546

Re: Moving Fla to PA Before Filing Income Tax

Use the new current FL address. PA won't care about the address change because your friends are going to file taxes in PA for the full 2017 tax year. Next year the friends will file a "part year" (or whatever PA calls it) income tax return in PA. It is unlikely, but PA may then care about whether or...
by Dale_G
Sat Feb 24, 2018 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited stocks, what would you do?
Replies: 20
Views: 1883

Re: Inherited stocks, what would you do?

I probably would long forget the capital loss for tax purposes before I would be able to take advantage of that. Do know that a tax loss of up to $3,000 per year can be deducted from income each year? If you pay taxes, you only have to remember until tax time in 2019. And your broker will send you ...
by Dale_G
Mon Feb 19, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: How big is the 'Madoff risk' -- All of your money at one advisor?
Replies: 21
Views: 2665

Re: How big is the 'Madoff risk' -- All of your money at one advisor?

I see no worry as long as you can verify the amounts in your account at Schwab on the Schwab website.

Dale
by Dale_G
Thu Feb 15, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: How Inflation Works (NYT)
Replies: 21
Views: 2511

Re: How Inflation Works (NYT)

It is not only unexpected inflation that is damaging to retirees, but plain old expected inflation - including planned or hoped for inflation by the FRB. I retired at the end of 2001 with a small pension. Call it $1,000 per month. Inflation has averaged almost exactly 2% per year since then. My buyi...
by Dale_G
Tue Feb 13, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett explains how to invest in stocks when inflation hits markets"
Replies: 9
Views: 3639

Re: "Warren Buffett explains how to invest in stocks when inflation hits markets"

As an inflation hater, I couldn't resist: inflation acts as a gigantic corporate consumer tapeworm. That tapeworm preemptively consumes its requisite daily diet of investment dollars regardless of the health of the host organism. Whatever the level of reported profits income (even if nil) , more dol...
by Dale_G
Sun Feb 11, 2018 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12955

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 80: I have age -51 in bonds = 71% equities, >28% bonds, <1% cash. A few years ago I capped bonds at a very comfortable number, well in excess of my anticipated needs. So the percentage of equities vs bonds moved up significantly over the past several years. I admit that I did exceed the bond cap...
by Dale_G
Fri Feb 09, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Stock Conundrum
Replies: 9
Views: 825

Re: Stock Conundrum

You have some good funds in the 401k. I would move money in the Verizon "fund?" to one or more of the other suitable funds in the 401k if the fund expense ratios in the 401k are lower than say 0.3%. If your favored Vanguard fund in the 401k has additional expenses tacked on by the plan, I would simp...
by Dale_G
Fri Feb 09, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Exchange question exchanged 10k from one fund to another but in the mean time the market dropped causing my account to
Replies: 1
Views: 408

Re: Exchange question exchanged 10k from one fund to another but in the mean time the market dropped causing my account

If you exchanged "all shares" the exchange will surely go through. If you exchanged $10,000 based on yesterday's 10,000 value of the fund and your shares in the fund are worth only $9.000 now, then I expect the exchange will fail.

Tomorrow is another day.
by Dale_G
Fri Feb 09, 2018 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Fair Market Value of Annuity
Replies: 11
Views: 1077

Re: Fair Market Value of Annuity

And my annuities are for a fixed term/period - and can be sold. I wouldn't take any haircut because the actual embedded interest rate is well above the present market.
by Dale_G
Thu Feb 08, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Expat income and 401(k)
Replies: 10
Views: 747

Re: Expat income and 401(k)

But it is the case for 401k contributions?
by Dale_G
Thu Feb 08, 2018 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Expat income and 401(k)
Replies: 10
Views: 747

Re: Expat income and 401(k)

Hello. Situation: An expat is working abroad for a us-based company that offers a 401K plan. Is any income above the FEIC exclusion of $105,000 eligible for tax deferred 401k contribution? Thank you. Yes, my recent experience was that all of my salary income was “eligible” for 401k contributions. Y...
by Dale_G
Mon Feb 05, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 16427

Re: Vanguard site is crashed now?

no need to log on, still well away from my rebalancing bands. And those who were concerned about the high CAPE numbers should rest slightly easier today.

Hang in there all,

Dale
by Dale_G
Mon Feb 05, 2018 1:14 am
Forum: Investing - Theory, News & General
Topic: Bonds in taxable for TLH purposes
Replies: 11
Views: 1126

Re: Bonds in taxable for TLH purposes

when I first bought VWUIX - Intermediate Term TE on 01/24/11 @13.09 and VWLUX - Long Term TE on 12/27/12 @ 10.80, I fully expected to tax loss in the future. The current NAVs are 13.90 and 11.42 respectively, so not much action. I do have some tax lots at higher than current NAVs, but the losses onl...
by Dale_G
Sat Feb 03, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 78
Views: 10931

Re: Replacement for Google Finance price quote function

Thank you for the heads up 529. I would have had no prayer of figuring this out by myself.

For some reason I get an error if the price of the fund is less than $10.00, so in that case I use BH13's technique for Vanguard funds.

Dale
by Dale_G
Fri Feb 02, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6651
Views: 1436624

Re: U.S. stocks in freefall

So the S&P500 is down 60 at this point today, but still 1% higher than the beginning of January 2018 and 20% higher than a year ago. I don't get excited about puny 2% down days after the market has been ballistic on the upside. I rebalanced out of equities in the 3rd quarter of 2017 and January of 2...
by Dale_G
Wed Jan 31, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Why do many bogleheads feel they can time the housing market but can't time the stock market?
Replies: 63
Views: 5143

Re: Why do many bogleheads feel they can time the housing market but can't time the stock market?

I wish I could time the housing market. I purchased my present home in 2003 for about as much as I wished to pay. Three years later the price had doubled. I knew the market was stupid - with people sitting in lawn chairs overnight to participate in a lottery that would let them make an offer on a ho...
by Dale_G
Wed Jan 24, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: Extended hours trading pricing anomalies
Replies: 2
Views: 603

Re: Extended hours trading pricing anomalies

Sure it is exploitable. The guy who sold at about $50.70 did exploit it, the buyer didn't do so well. Maybe the buyer was just anxious, or he/she placed a buy order at the market without looking at the book. Extended hours markets can be pretty thin, so there can be opportunities.

Dale
by Dale_G
Tue Jan 23, 2018 12:27 am
Forum: Investing - Help with Personal Investments
Topic: How good or bad is this portfolio?
Replies: 31
Views: 2077

Re: How good or bad is this portfolio?

It certainly is a hodgepodge designed to look like it was created by a brilliant strategist. The question is: How do you simplify matters and get on the straight path. The answers to a few questions will help get meaningful answers: When did you get started with this advisor? What type of account ar...
by Dale_G
Thu Jan 11, 2018 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Mandatory IRA distributions. The IRS will take my money away!!
Replies: 29
Views: 2154

Re: Help with Mandatory IRA distributions. The IRS will take my money away!!

And this is exactly why most people who have (or expect to have) larger portfolios should keep equities in taxable or Roth and bonds in traditional IRAs and 40XX accounts.

Dale
by Dale_G
Wed Jan 10, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Accelerated Bookbuild - who's informed and when? And what are the consequences?
Replies: 21
Views: 1279

Re: Accelerated Bookbuild - who's informed and when? And what are the consequences?

This process doesn't seem very ethical to me since only institutional investors are apparently informed and the price usually drops very significantly afterwards. It seems to me that if an investor who already owns the stock is informed in advance that an Accelerated Bookbuild will take place, they...
by Dale_G
Wed Jan 03, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Returns To Value Strategies WhenValuation Spreads Are Wide (Deep Value)
Replies: 8
Views: 1421

Re: Larry Swedroe: The Returns To Value Strategies WhenValuation Spreads Are Wide (Deep Value)

https://alphaarchitect.com/2017/12/21/the-returns-to-value-strategies-when-valuation-spreads-are-wide/ One can not effectively time factors, but when the spreads between value and growth are largest is when the returns to value are greatest. “Long-short value portfolios have average market betas cl...
by Dale_G
Sat Dec 30, 2017 12:22 am
Forum: Investing - Help with Personal Investments
Topic: VTI and VXUS dividends
Replies: 5
Views: 885

Re: VTI and VXUS dividends

Check a few hours after midnight - or better - after 9am tomorrow morning. VXUS should settle at the same time as VTI, but it takes at least some time for your brokerage/provider to crank the numbers.
by Dale_G
Fri Dec 29, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Concern that somebody else can open a new fund for me without permission?
Replies: 23
Views: 2235

Re: Vanguard security: Somebody else can open an account for me without my knowledge

JW - Vanguard has similar transfer forms that can be mailed. I take a simpler route. I use my Vanguard MM checks to deposit funds into the sons' accounts. It costs some postage, but no gas :D

Maybe the OP will enlighten us.

Dale
by Dale_G
Fri Dec 29, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Concern that somebody else can open a new fund for me without permission?
Replies: 23
Views: 2235

Re: Vanguard security: Somebody else can open an account for me without my knowledge

The question is: What gyrations did your relative have to perform to move money or fund directly from their account to yours. A check certainly works, but my understanding is that money/funds cannot be moved between accounts that do not share the same ssn, tin/ein. I just tried to move $1 from my ac...
by Dale_G
Tue Dec 19, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement Yearly Contribution Limit?
Replies: 14
Views: 1103

Re: Vanguard Target Retirement Yearly Contribution Limit?

In a taxable account there is typically no limit on the amount that you can contribute to a fund. Occasionally there are funds that are closed to new investors, and current investors may have limits on new annual investments. In the old days (very early 1980's) Vanguard did request notification by 1...
by Dale_G
Mon Dec 18, 2017 12:09 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 47
Views: 7676

Re: For those retired at least 10 years, what about the money?

I have well more than enough. I make only minimal gifts to the heirs. They have enough of their own, are in the same tax bracket and wouldn't spend additional gifts anyway. From the family wealth perspective it is better that they get it later with a stepped up basis. But overall, it requires time a...
by Dale_G
Sun Dec 17, 2017 11:08 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 23
Views: 3330

Re: Emerging Market Bond Fund Choice

Thanks jhfenton for providing the true scoop. I missed the earlier threads about the fund - so yup, this fund was totally below my radar. Back in the very early 80's (when Vanguard was about 1/5000th of its present size I owned a bit more than 1% of one of their funds. It felt like I was a meaningfu...
by Dale_G
Sun Dec 17, 2017 12:19 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 23
Views: 3330

Re: Emerging Market Bond Fund Choice

Wow, this is a surprise. I own VWOB, the ETF class of Vanguard Emerging Markets Bond Index Fund, but VEMBX Investor and VEGBX Admiral Vanguard Emerging Markets Bond Fund) slipped in under my radar. The Investor shares show 32.4 million of assets as of 11/30/17 and the Admiral shares show dashes for ...
by Dale_G
Mon Dec 11, 2017 12:54 am
Forum: Investing - Theory, News & General
Topic: Is Santa Claus Coming To Town?
Replies: 9
Views: 1802

Re: Is Santa Claus Coming To Town?

I'd say Santa has already been here this year.

But: I don't personally know Santa - and I am always wary of strangers bearing gifts.
On the other hand: I never look a gift horse in the mouth.

Cheers,

Dale
by Dale_G
Sun Dec 10, 2017 12:24 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 47
Views: 7676

Re: For those retired at least 10 years, what about the money?

Looks like no one can be sure to have won the game until the last day. Well put. I retired in October 2001. Today the invested assets are 2.5 times what they were on the date of retirement (1.8 times inflation adjusted). I think the other thing these comments show is that spending habits become ing...
by Dale_G
Fri Dec 08, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: investing in taxable accounts
Replies: 10
Views: 1842

Re: investing in taxable accounts

Since my traditional IRA is 100% bonds, the balance of the RMD after taxes normally goes to a bond fund in taxable. If I held any equities in the traditional IRA, the RMD in excess of taxes would go to either Total Stock Market or Total International as required to keep my asset allocation within th...
by Dale_G
Thu Dec 07, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 69
Views: 6286

Re: What did you do with your first RMD withdrawal money?

The IRS gets paid first, the remainder goes to the taxable account. The IRS gets more than half :D

Dale
by Dale_G
Wed Dec 06, 2017 6:21 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6673

Re: "Financial Shock" wealth

White Coat Investor wrote:
Wed Dec 06, 2017 5:27 pm
These articles make me feel so wealthy.
That is because it is very likely that you are wealthy :D
by Dale_G
Sat Dec 02, 2017 11:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 7658

Re: Vanguard customer service reps need some training

If the OP had told the rep to move X, Y and Z number of share to fund A, B and C, it would probably would have happened.

While I agree that Vanguard should have been able to handle a percentage sale, I always put instructions in the easiest possible terms.

Dale
by Dale_G
Tue Nov 28, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 19072

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

I'll take a pass, but if I were tempted at all I would buy an equal weight in each of the single factor funds and rebalance in a year and a day. I began investing with Vanguard in 1982. According to a June 18, 1982 article in the Christian Science Monitor , Vanguard had 21 funds and a total of 4 bil...
by Dale_G
Sun Nov 19, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why doesn't my 401k statement match the value for the fund?
Replies: 2
Views: 472

Re: Why doesn't my 401k statement match the value for the fund?

Often in this type of plan, reinvested dividends result in an increase in the N et A sset V alue (NAV) of your fund rather than an increase in the number of shares as would be the case in the in the underlying fund. I am sure the JH value of $17,000 is correct rather than the $15,000 you might calcu...
by Dale_G
Sun Nov 12, 2017 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: What have VTSAX December Capital Gains % distributions been last few years?
Replies: 2
Views: 548

Re: What have VTSAX December Capital Gains % distributions been last few years?

The Total Stock Market fund has not had any capital gains distributions. Among other reasons, the flood of new contributions to the fund has eliminated any need to sell anything to meet redemptions - and any gains from equities leaving the index have been used to offset the expense of running the fu...
by Dale_G
Fri Nov 10, 2017 12:08 am
Forum: Investing - Help with Personal Investments
Topic: How old are you and what size is your portfolio?
Replies: 33
Views: 4871

Re: How old are you and what size is your portfolio?

I am 80 and have a large portfolio. Is there anyone young with a small portfolio out there that would like to swap both with me?

Dale
by Dale_G
Wed Nov 08, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: RMDs – Best time to take during the year?
Replies: 12
Views: 1797

Re: RMDs – Best time to take during the year?

Ditto. I take the RMD in the third week of December after dividends are declared by the funds in my taxable account. I can then closely calculate my annual tax bill. I have taxes withheld - and the balance goes to the taxable account.
by Dale_G
Sun Nov 05, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral vs Institutional Plus shares
Replies: 5
Views: 1009

Re: Admiral vs Institutional Plus shares

Colorado Guy said, One of my concerns is the 401k management fees. There will be a negligible difference between the performance of the Institutional Plus class funds and the Admiral class funds. The only difference will be the few hundredth of 1% difference in the expense ratios. But, what about th...
by Dale_G
Thu Oct 26, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include the capitalized value of Social Security in your asset allocation?
Replies: 32
Views: 2532

Re: Do you include the capitalized value of Social Security in your asset allocation?

Yes. Absolutely. I also have a secure defined benefit and capitalize that as well. peace Sure you can capitalize it, but unless you know your actual life span, you are just guessing at the capitalized value. SS, like a pension or life annuity provides an income stream while you live . It is okay to...
by Dale_G
Mon Oct 23, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35096

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Yes, north of 1mm for more than 20 years. I figure I had/have three broad options: 1. I could hand my money over to a FA and spend somewhat less than 1% of AUM and get a screwball set of funds that might match market returns before fees. I have to hope that he doesn't sell my existing index funds wi...
by Dale_G
Sun Oct 22, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6659

Re: Commission only fiduciary planner

Pdub, the first meetings will indeed be free, but that doesn't mean that they won't eventually cost you dearly. I suspect the Advisors will deflect any conversation about fees until the 3rd meeting. And if you push back at that time, the advisor will pointedly ask, "You do love your wife, don't you"...
by Dale_G
Wed Oct 18, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Small Business Admin. on the ball with disaster fraud
Replies: 0
Views: 233

Small Business Admin. on the ball with disaster fraud

A letter arrived yesterday addressed to one of my sons (a contractor on a tiny island east of Africa) from SBA. It was addressed to firstname B. lastname at our address. The middle initial was wrong, but no matter. The letter said, "You recently registered with FEMA for assistance with your disaster...
by Dale_G
Mon Oct 16, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: State Street Debuts Low Cost ETFs [mostly rebranding old ones and cutting ERs]
Replies: 2
Views: 474

Re: State Street Debuts Low Cost ETFs [mostly rebranding old ones and cutting ERs]

Robust competition is good. Now even more investors can benefit from the Vanguard effect. Thank you John Bogle. I don't really need Vanguard to grow a lot more, so the competition is welcome. I haven't looked at the underlying indices, but maybe we have some new low cost tax loss harvesting partners...
by Dale_G
Tue Oct 10, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Questions
Replies: 23
Views: 3358

Re: Estate Questions

It is unlikely that you will make any serious mistake with a 3 fund portfolio at a low cost provider. It's likely the bonds will be in munis, but you could add some short term treasuries for peace of mind. The serious mistakes are only likely if someone persuades you that "complicated" is better" or...
by Dale_G
Sun Oct 08, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 9759

Re: Pension Freeze - What did you do?

My company froze the pension plan four years before I retired. They compensated by making additional contributions to the 401k that immediately vested. I was actually pleased because I would "own" the assets rather than the (additional) stream of pension income over an uncertain life span. The 401k ...