Search found 1631 matches

by Random Poster
Wed Apr 21, 2010 2:07 pm
Forum: Personal Consumer Issues
Topic: boglehead opinion please: manual reel mower for small lawn
Replies: 43
Views: 4952

If John Deere doesn't make it, I don't want it.
by Random Poster
Wed Apr 21, 2010 9:13 am
Forum: Personal Consumer Issues
Topic: A State With Plenty of Jobs but Few Places to Live
Replies: 11
Views: 2897

Valuethinker wrote:The trailers/ manufactured housing sector is a logical solution.
Provided that the local community is in favor of allowing such types of housing development.
by Random Poster
Wed Apr 21, 2010 8:23 am
Forum: Personal Consumer Issues
Topic: A State With Plenty of Jobs but Few Places to Live
Replies: 11
Views: 2897

It is a problem with no clear answers on how to fix it. If oil prices fall, then the job market will as well, and thus alleviate the need for new housing. If oil prices stay steady or rise, then perhaps it makes sense to build new housing. But who wants to build a block of apartments without knowing...
by Random Poster
Tue Apr 20, 2010 2:18 pm
Forum: Personal Consumer Issues
Topic: Vancouver, BC must-see suggestions?
Replies: 33
Views: 3962

Re: Day trip to to Victoria.

Valuethinker wrote:It's not twee-- all glass and steel condos along the waterfront, very Asian in orientation, maybe 1/4 the people you see there have some ethnic connection to Asia (although many are in fact 5th generation Japanese-Canadians).
The city is often referred to as Hong-couver for a reason. :wink:
by Random Poster
Tue Apr 20, 2010 10:19 am
Forum: Investing - Theory, News & General
Topic: UK Inflation surge means savers are losing money
Replies: 15
Views: 2385

You've described me! I've been pondering that question for 10 years, and I still don't have an answer. 100% munis isn't the answer because of term (interest rate) risk. 100% short-term bonds works, but only if inflation cools back down - you lose purchasing power on the front end, then make it back...
by Random Poster
Tue Apr 20, 2010 8:48 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6179

Ziggy75 wrote:You need something other than the Bogleheads forum???
Too much reading on the computer screen hurts my eyes.
by Random Poster
Tue Apr 20, 2010 8:47 am
Forum: Investing - Theory, News & General
Topic: UK Inflation surge means savers are losing money
Replies: 15
Views: 2385

So let's say that inflation hits hard in the US. What should someone who has sizeable cash holdings, and who is unwilling to take the risk of losing more than, say, 2% to 5% of their cash due to a downturn in the markets, do? 100% short term bonds? 100% municipals? Buy some acreage and learn animal ...
by Random Poster
Tue Apr 20, 2010 8:42 am
Forum: Personal Consumer Issues
Topic: Vancouver, BC must-see suggestions?
Replies: 33
Views: 3962

The Aquarium is decent enough (in Stanley Park). Try to avoid all the school groups if you can--go early in the morning when it is still reasonably quiet.

Personally, I found Vancouver to be incredibly overrated.
by Random Poster
Mon Apr 19, 2010 3:24 pm
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6179

Sometimes they run special offers of $99. You may wish to look into this web site.. http://www.subscription.com/financial-times/?path=sus-ftdt-gls-101a1a That's odd...the link states (or at least implies) that the pricing for FT is for 5-day-a-week delivery (Monday - Friday). But FT's own website i...
by Random Poster
Mon Apr 19, 2010 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Grudge Match Over Your 401(k)
Replies: 21
Views: 4056

Didn't have a problem with my prior employers, but I think that Fidelty did everything it could to make the process difficult and aggravating.

I particularly enjoyed being told by the Fidelity rep that my vested 401k balance was "not my money."
by Random Poster
Mon Apr 19, 2010 8:17 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6179

Wall Street Journal or Financial Times?

Which is the "better" broad-based business newspaper: The Wall Street Journal or the Financial Times? I think that FT is around $300 a year for a subscription, while the WSJ can be had for free (or nearly free) via airline miles, but it seems to me that the WSJ has been dumbed down of late and isn't...
by Random Poster
Thu Apr 15, 2010 7:10 am
Forum: Personal Consumer Issues
Topic: Constitutional Law Book
Replies: 12
Views: 2090

Also, if you are looking for a "streamlined" primer, consider getting "Constitutional Law in a Nutshell." Perhaps this is a bit harsh, but I found the Nutshell series of books good for law students who didn't really belong in law school. http://www.amazon.com/Constitutional-Law-Nutshell-Jerome-Barro...
by Random Poster
Wed Apr 14, 2010 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7157

I'm no genius on these matters, but you aren't fully funding your 401(k) for starters. How so? He said he invests $15,000 / year in his 401(k). That's the max for his age, is it not? As of this year: If you are 49 years old or younger, the max is $16,500. If you are 50 years old or older, the max i...
by Random Poster
Wed Apr 14, 2010 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7157

I'm no genius on these matters, but you aren't fully funding your 401(k) for starters.
by Random Poster
Wed Apr 14, 2010 4:30 pm
Forum: Personal Consumer Issues
Topic: Constitutional Law Book
Replies: 12
Views: 2090

Do you want a case book or a horn book? ETA: If you want a case book, the one by Sullivan and Gunther is, I suspect, the most widely used in law schools. On Amazon, it lists for $107. http://www.amazon.com/Constitutional-University-Casebook-Kathleen-Sullivan/dp/1587787768 If you want a horn book, I'...
by Random Poster
Wed Apr 14, 2010 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Effective Tax Rate - I continue to be amazed
Replies: 85
Views: 10966

All I can say is that I feel like I'm paying quite a bit in taxes.

Federal Tax divided by AGI = 22.37%. Single, renter, no dependents, no itemized deductions, with a healthy income. I pay more in taxes than it costs for me to live for a year.
by Random Poster
Wed Apr 14, 2010 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Where to find free historical AA growth charts?
Replies: 0
Views: 464

Where to find free historical AA growth charts?

Does anyone know where to find (preferably on the internet) free historical growth charts for various asset allocations? Specifically, for asset allocations that you, as the user, create yourself (and, thus, are not necessarily offered in a single-fund format?)

Thank you.
by Random Poster
Tue Apr 13, 2010 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Tax Exempt Fund Comparable to Vanguard Total Bond Mkt Fund?
Replies: 7
Views: 1772

Does anyone know why Vanguard does not offer a one-fund tax-exempt bond fund equivalent to their taxable Total Bond Market Index fund?

How difficult would it be to request that Vanguard create such a fund (and, more importantly, for Vanguard to actually follow through with the request)?
by Random Poster
Mon Apr 12, 2010 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Central AC vs Wall Units
Replies: 24
Views: 5605

Go with central air. As wall units get older they will produce water and moisture that will drip down walls and ruin paint and cause mold. I have seen it first hand when I lived in Bahrain, which is incredibly humid and hot. Also as wall units get older they get louder, and it is hard to sleep with...
by Random Poster
Mon Apr 12, 2010 9:42 am
Forum: Investing - Theory, News & General
Topic: Help Me Understand Bond Index Returns and Interest Rates
Replies: 7
Views: 1527

Now add in the wrinkle of a bond fund instead of a individual bond. You cannot hold to maturity and realize the face value of the security because the fund never matures, so (a) is not available to fund owners. The fund is regularly turning over positions, putting you in the (b) position. The yield...
by Random Poster
Mon Apr 12, 2010 8:41 am
Forum: Investing - Theory, News & General
Topic: Help Me Understand Bond Index Returns and Interest Rates
Replies: 7
Views: 1527

Help Me Understand Bond Index Returns and Interest Rates

I admit that I'm less than knowledgeable when it comes to bonds. However, am I correct in stating that, as a general rule, when interest rates rise, a bond's price falls. At the same time, am I correct in stating that, when interest rates rise, the yield on newly issued bonds rise as well? If so, as...
by Random Poster
Fri Apr 09, 2010 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Is a 50% Bond, 50% Equity Portfolio a "Growth" Por
Replies: 16
Views: 2676

As other posters are pointing out, your criterion about avoiding significant losses needs more examination before you leap. An intermediate bond fund with a five year duration would lose 10% of its value (NAV) if interest rates for the applicable maturity increased by 2%, and so on. Compared to pos...
by Random Poster
Fri Apr 09, 2010 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Is a 50% Bond, 50% Equity Portfolio a "Growth" Por
Replies: 16
Views: 2676

I appreciate all of the comments. The chart embedded above by nisiprius , and after fiddling around with it on the Morningstar site, makes me wonder why I don't simply change my retirement allocation to 50/50. Something to think about... I'm really surprised that an all or predominately-all bond all...
by Random Poster
Fri Apr 09, 2010 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Is a 50% Bond, 50% Equity Portfolio a "Growth" Por
Replies: 16
Views: 2676

Is a 50% Bond, 50% Equity Portfolio a "Growth" Por

I am considering opening up a "slush fund" with $25K, to which I would contribute $1K a month. The slush fund would be separate and apart from my retirement portfolio/accounts, nor would it comprise any part of my emergency fund. I'm not sure what goals I have for the money, other than to (i) earn a...
by Random Poster
Fri Apr 09, 2010 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

I'm guessing that the answer is "no," but other than simply making more purchases in the "underweighted" portion of one's account, is there any way to properly effect a rebalancing between the taxable and tax-advantaged accounts without causing a taxable event in the taxable account?
by Random Poster
Fri Apr 09, 2010 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Unified Portfolio as it Relates to New Medicare Tax
Replies: 1
Views: 596

Unified Portfolio as it Relates to New Medicare Tax

Thanks to the comments and advice given in the Wondering if I'm off-track thread , and after crunching a lot of numbers, I think that I have become an adherent of the unified portfolio concept, inasmuch as it relates to placing bonds in tax-advantaged/deferred accounts and equities in taxable accoun...
by Random Poster
Wed Apr 07, 2010 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

I used to, but I am not particularly fond of their allocation between stocks and bonds and their international stock : total stock market allocation. :?: It is exactly what you said you wanted....68% stock, 32% bonds, 20% of stocks in international. I guess I missed something! I don't believe that ...
by Random Poster
Wed Apr 07, 2010 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

So, just out of curiosity, why not use the Vanguard Target Retirement accounts for your other 2 IRAs? I used to, but I am not particularly fond of their allocation between stocks and bonds and their international stock : total stock market allocation. I use the Target Retirement fund in my Traditio...
by Random Poster
Wed Apr 07, 2010 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Your question makes me wonder if you are considering a different type of portfolio. If so, you might want to post the things available in your 401 and we could help you figure out how to best put it all together. I don't think that I'm considering a different type of portfolio. The more simpler tha...
by Random Poster
Wed Apr 07, 2010 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

The Roth IRA - under current law - provides tax- free growth. As such, this should normally hold the asset class(es) with the most projected (not guaranteed) growth. If you look at my original suggestion, I included Foreign stocks there. Obviously, since your Taxable contributions are much, much gr...
by Random Poster
Wed Apr 07, 2010 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

One more question if I may: Does it matter the order in which I "fill up" the various tax-advantaged accounts with bonds? Which is to say, should I fill up the Roth IRA first with bonds, then the Rollover IRA, and then the Traditional IRA? Or should I do it in a different order? Or does it even matt...
by Random Poster
Tue Apr 06, 2010 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

Re: No cost basis on 1099

sscritic wrote:
Random Poster wrote: My records are complete and, if I may so, impeccably maintained.
Perhaps you aren't as meticulous as you claim. Please note the missing word from the above sentence. What does "if I may so" mean to you? :)
That I'm an idiot. :D
by Random Poster
Tue Apr 06, 2010 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

Re: No cost basis on 1099

You are responsible for reporting your cost basis. My records are complete and, if I may so, impeccably maintained. I have no qualms in using my (and, until yesterday, Vanguard's) calculation of my total cost. ps. Have you looks at the transaction history for the fund today. I'll bet you see a smal...
by Random Poster
Tue Apr 06, 2010 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Random Poster, you are one interesting individual! Thanks. I've been called worse. :wink: Here are the things I think you could do to improve your portfolio. Much has already been pointed out by others. * * * 2) The balanced fund in your taxable account. This has generated a good deal of discussion...
by Random Poster
Tue Apr 06, 2010 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

HueyLD wrote:If you sold the entire holding of a fund and did not buy it back within 30 days, you don't have a wash sale. Just ignore Vanguard's number and use your own.
Thank you. That is what I'm planning on doing.

Vanguard's chat representative was less than helpful in explaining what happened.
by Random Poster
Tue Apr 06, 2010 11:16 am
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

I'm chatting with Vanguard at the moment: They are claiming that the $17.33 is due to a wash sale, due to the average cost per share method of accounting, even though on a straight-foward FIFO basis of accounting, there would not be a wash sale.
by Random Poster
Tue Apr 06, 2010 10:19 am
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

JimHalpert wrote:I bet the first (lower) number didn't include the quarter end distribution.
I accounted for all dividends, including that which was most recently issued on March 29th. Is it possible that the Fund issued a subsequent distribution?
by Random Poster
Tue Apr 06, 2010 10:04 am
Forum: Investing - Help with Personal Investments
Topic: "Total Cost" and Gain/Loss Discrepancy on Vanguard
Replies: 16
Views: 2486

"Total Cost" and Gain/Loss Discrepancy on Vanguard

I sold all of my taxable holdings in Vanguard's Balanced Index fund yesterday. Immediately prior to the sale, Vanguard's "Cost Basis" link showed that my total cost in the Fund was $44,292.14. This number matches what my own independent records show as my cost in the Fund. However, this morning (and...
by Random Poster
Mon Apr 05, 2010 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: DCA to Avoid a Wash Sale? [Probably Inaccurate Title]
Replies: 8
Views: 1037

IMO, Balanced index and combination of TSM/VWITX would not trigger a wash sale. Balanced index is 40% taxable bonds. Your new combination would be 40% tax exempt bonds. It's a big change in the composition of your portfolio. You've received some excellent advice in your other thread. Spend some tim...
by Random Poster
Mon Apr 05, 2010 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: DCA to Avoid a Wash Sale? [Probably Inaccurate Title]
Replies: 8
Views: 1037

OPTION 3: Higher tax bracket but tax advantaged already filled with bonds: Consider a tax exempt bond fund to complete the bond allocation in taxable account. In Taxable Account: Exchange 100K Bal Index for 60K TSM and 40K Intermediate Term Tax exempt (VWITX) This is precisely what I am planning on...
by Random Poster
Mon Apr 05, 2010 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: DCA to Avoid a Wash Sale? [Probably Inaccurate Title]
Replies: 8
Views: 1037

3. What is your tax bracket (fed and state)? Likely 33% federal this year. Was 28% federal last year. No state tax. OPTION 2: Higher tax bracket with room in tax advantaged for more bonds In Tax advantaged: exchange 40K stocks for 40K TBM In Taxable account: exchange 100K Balanced Index for 100K TS...
by Random Poster
Mon Apr 05, 2010 10:51 am
Forum: Investing - Help with Personal Investments
Topic: DCA to Avoid a Wash Sale? [Probably Inaccurate Title]
Replies: 8
Views: 1037

DCA to Avoid a Wash Sale? [Probably Inaccurate Title]

Hypo : You sell your entire holdings in Vanguard's Balanced Index Fund at a slight loss, transferring the sale proceeds to a money market account. For simplicity, let's say that the amount is $100K. Two days later, you DCA the stock portion of the previously-held Balanced Fund ($60K) into Vanguard'...
by Random Poster
Mon Apr 05, 2010 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

How do you figure Taxable bonds - taxes > tax-exempt? Well, I took your earlier comment "Yes, absolutely a wiser move," as the answer to my question "Would having my cash in a tax-exempt short-term bond fund be a wiser move?" Sorry if I confused you. This is my complete response. Yes, absolutely a ...
by Random Poster
Mon Apr 05, 2010 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

How do you figure Taxable bonds - taxes > tax-exempt? Well, I took your earlier comment "Yes, absolutely a wiser move," as the answer to my question "Would having my cash in a tax-exempt short-term bond fund be a wiser move?" At the moment, I'm earning 1.6% or better on all of my cash in various mo...
by Random Poster
Sun Apr 04, 2010 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Exempt Bond Fund Questions
Replies: 2
Views: 1039

Tax Exempt Bond Fund Questions

I have two questions regarding tax exempt bond funds:

1) How can I determine if a tax-exempt bond fund (specifically, those offered by Vanguard) invests in private activity bonds?

2) Does the sale of a tax-exempt bond fund trigger a capital gain (or loss)?
by Random Poster
Sun Apr 04, 2010 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

Thanks, everyone for the comments. Yes, absolutely a wiser move. The problem is taxes. Having the same ST Bonds in tax-advantaged and Equities in Taxable, you just increased your overall return and net worth - remember the compounding effect? The tax-exempt vs. taxable Bond decision needs to be comp...
by Random Poster
Fri Apr 02, 2010 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

The $ in this or that account are just mental accounting obstacles to overcome. Having all this cash is costing you money just by the sheet fact that extra earnings are being excluded from compounding. Add some inflation and the cost just escalated. Unless/until you conquer the obstacles you create...
by Random Poster
Fri Apr 02, 2010 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

Re: Wondering if I'm off-track?

I will just make a broad observation - I don't think you've struck an appropriate balance between socking away cash for a rainy day and investing for your long-term future. Why on earth do you need that much cash lying around at age 33 if you don't want to buy a house with it? Especially when you h...
by Random Poster
Fri Apr 02, 2010 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

You like being diversified in all accounts, but the reason we suggest looking at all accounts as one portfolio is it allows you to create the most tax-efficient portfolio. The balanced fund in a taxable account is not efficient, especially for someone in the 33% tax bracket. The concern for tax eff...
by Random Poster
Fri Apr 02, 2010 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Wondering if I'm off-track?
Replies: 45
Views: 5449

So by your response, YDNAL, am I correct in assuming that your answer to my third question in my OP is "yes"?