Search found 271 matches

by muddlehead
Sun Jan 10, 2010 12:56 pm
Forum: Personal Investments
Topic: $700,000 to last a lifetime: what do you do with it?
Replies: 47
Views: 8629

to op. haven't read other posts. cd's for the next 10-15 yrs. live on interest. at currently doable 4%, that's 28k per yr minus a bit for taxes. see you in 15 yrs.
by muddlehead
Fri Jan 08, 2010 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate brokerage fee
Replies: 23
Views: 3701

to op, doesn't matter. price your house to sell or take it off market to stop wasting everyone's time.
by muddlehead
Sat Dec 19, 2009 1:04 pm
Forum: Personal Investments
Topic: What are the arguments NOT to convert to Roth?
Replies: 60
Views: 9396

good discussion. i agree with one of the early posters here who says why pay taxes now when you can postpone 'em. but, since, imho, the major benefit of converting to a roth falls to the heirs, and the op is an heir, well, that decision is made already.
by muddlehead
Wed Jul 08, 2009 8:37 pm
Forum: Investing - Theory, News & General
Topic: Financial Advice from Strangers on the Internet
Replies: 23
Views: 2772

one should always consider free advice from a stranger more earnestly than "advice" from a commissioned, conflict of interest financial planner or broker.
by muddlehead
Fri May 15, 2009 10:45 am
Forum: Personal Investments
Topic: Annuity within an IRA
Replies: 8
Views: 1954

to the original poster's question: are you asking because you can perhaps get a higher yield from an annuity than a cd at the current time?
by muddlehead
Mon May 11, 2009 10:15 am
Forum: Personal Investments
Topic: safety of investment advisor
Replies: 6
Views: 1578

save the planner's fee, especially if the inclination is to go with index funds. this can done without paying anyone anything.
by muddlehead
Tue Apr 28, 2009 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Iy 8% per year
Replies: 28
Views: 4962

the easiest financial "so-called decision" one will make in his/her life is to take social security at the first possible second. if you don't need it, save it monthly till you do.
by muddlehead
Sat Apr 25, 2009 11:10 am
Forum: Investing - Theory, News & General
Topic: Fortune: How Bernie Madoff Did It
Replies: 10
Views: 2493

awesome thanks
by muddlehead
Sun Mar 08, 2009 12:27 pm
Forum: Personal Investments
Topic: Wife wants cash in the mattress: Help.
Replies: 52
Views: 10231

i suppose you could make a little compartment beneath her tin foil hat.
by muddlehead
Sat Mar 07, 2009 11:55 am
Forum: Personal Investments
Topic: Dazed and confused
Replies: 6
Views: 1948

not sure 450k (100 cash 350 403b) even considering soc sec is enough to retire. save every penny from next few years of work.
by muddlehead
Sun Feb 22, 2009 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's Grandfather is Considering a Reverse Mortgage
Replies: 18
Views: 3678

good grief. a commission based "financial adviser" is not someone i would choose to listen to - about freaking anything!
by muddlehead
Sun Feb 08, 2009 6:14 pm
Forum: Investing - Theory, News & General
Topic: Bob Brinker's radio program?
Replies: 78
Views: 15102

i'm a fan. recommend listening. use his opinion as you would anyone's. at this point, he doesn't predict market movements on the radio. some think that's a good thing.
by muddlehead
Mon Jan 26, 2009 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is never having a credit card an option?
Replies: 46
Views: 6932

i'd have at least one - use it every six months - pay it off obviously - i'd probably choose american express - cause it use to have the most cache...
by muddlehead
Sat Jan 24, 2009 1:08 pm
Forum: Personal Investments
Topic: Seeking opinions about using 72T or not
Replies: 23
Views: 4967

testtubes i stand before you humbled and with correction in hand. spent yesterday back and forth on on a site 72t.net . go to discussion forum. you'll see the one i started. i'm bloodied... proof you can teach an old dog new tricks. my ignorance is blamed on when i was 72t planning 9 years ago to co...
by muddlehead
Thu Jan 22, 2009 2:32 pm
Forum: Personal Investments
Topic: Seeking opinions about using 72T or not
Replies: 23
Views: 4967

I’m not sure I agree with you a hundred percent on your police work, there, Lou.... if you have a mill in cd's (just as an example) at 4% you can take out 60k taxable as ordinary income for next 5 years. irs's role in this is to make sure 1. that what you take out is taxed 2. to kinda sorta make sur...
by muddlehead
Thu Jan 22, 2009 1:52 pm
Forum: Personal Investments
Topic: Retirment Investing Advice
Replies: 33
Views: 5030

as their son, the best gift you can give them is to never let them contemplate investing with an insurance salesperson / annuities. with 1.5 mill coming in, check my many previous posts regarding cd's. no growth, of course, but, safety might outweigh that. at any rate, cd's are a good starting point...
by muddlehead
Thu Jan 22, 2009 1:45 pm
Forum: Personal Investments
Topic: Seeking opinions about using 72T or not
Replies: 23
Views: 4967

interesting twist on 72t scenarios. a topic i know all too well. if i understand options correctly: pay the 10% early withdrawal penalty for 2 years to avoid being locked in to a payment sched for 5 years. if i can guess an amount, let's say 25k w/d from ira prematurely for 2 years would result in 2...
by muddlehead
Fri Jan 09, 2009 12:52 pm
Forum: Investing - Theory, News & General
Topic: Stop Limit trading
Replies: 7
Views: 1698

learn the difference between stop loss and stop limit. will save you a lot of heartache. stop loss when triggered becomes market order. stop limit when triggered becomes limit order. very very different. in another lifetime i proposed to my employer to eliminate the option for customers to place sto...
by muddlehead
Tue Jan 06, 2009 1:01 pm
Forum: Personal Investments
Topic: Retirement choices
Replies: 31
Views: 5119

how about rolling entire lump sum into self directed ira at any discount broker. $1,350,000 invested in cd's at current approximate rates of 4% (250k per cd fdic insured in an ira) equals 54k annual taxable income when taken out of the ira acct annually via 72t transaction until you are 59 1/2.
by muddlehead
Tue Jan 06, 2009 12:52 pm
Forum: Personal Investments
Topic: 25 Yrs For The Dow To Recover From The Great Depression
Replies: 55
Views: 9128

think more or less 20 year increments for bull and bear markets.
by muddlehead
Mon Jan 05, 2009 11:52 am
Forum: Investing - Theory, News & General
Topic: Disadvantages of margin account?
Replies: 17
Views: 7465

former risk/margin/options analyst at a firm you all know. zero downside/risk to having a margin acct, unless it tempts you to buy on margin. never ever use the margin capability. never borrow money to buy securities.
by muddlehead
Sun Dec 28, 2008 2:28 pm
Forum: Personal Investments
Topic: CD investment -- now or wait until 2009?
Replies: 7
Views: 2145

ayup. i see it. looks to be fdic insured. curious bankrate.com does not list it. personally, i would pass, as i like to err on side of caution, especially with cd's.
by muddlehead
Sun Dec 28, 2008 1:08 pm
Forum: Personal Investments
Topic: CD investment -- now or wait until 2009?
Replies: 7
Views: 2145

where exactly are you seeing a 4% gmac cd for one year? an astoundingly high rate. my guess is not a new cd offering, but a secondary market, and, you'll pay a premium. ((are you a terrier fan?))
by muddlehead
Fri Dec 19, 2008 11:30 am
Forum: Personal Investments
Topic: Investment Advice for IRA
Replies: 7
Views: 1946

"""At age 75 and not needing additional income""" that's a good thing. i recommend cd's instead of corporate and muni bonds because: if you don't have to take municipality going bankrupt risk (munis), and/or specific company risk (corps), don't. interest rates all time low currently. bonds funds wou...
by muddlehead
Thu Dec 18, 2008 12:15 pm
Forum: Personal Investments
Topic: Investment Advice for IRA
Replies: 7
Views: 1946

mind if i ask why, at 75, an equity percentage increase is not only being contemplated, but desired?
by muddlehead
Tue Dec 16, 2008 12:49 pm
Forum: Personal Investments
Topic: Qs re: mom's purchase of an annuity
Replies: 11
Views: 2990

invest in the 5 or 10 year cd. eliminate word annuity from you and your mom's memory.
by muddlehead
Thu Dec 11, 2008 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Book/Course suggestions on being an Executor
Replies: 9
Views: 2143

been an executor for my mom and father in law. easy as pie. a simple step by step process. first get all investments in one brokerage firm if they are spread out. second have just one checking acct. third line up her life insurance if she has any. in other words, consolidate as much as you can now t...
by muddlehead
Wed Dec 10, 2008 12:12 pm
Forum: Personal Investments
Topic: why are Vanguard/Schwab brokered CDs not competitive?
Replies: 19
Views: 5246

"""have noticed that brokered offerings at Schwab and Vanguard appear to be a full point or more lower than what one can find using bankrate.com, etc.""" huh? looking at schwab site now. 5 yr highest cd bankrate 5.02%. jumbo 100k bankrate 4.93%. 5 yr rate schwab site 4.75%. full point not exactly.
by muddlehead
Thu Dec 04, 2008 1:32 pm
Forum: Personal Investments
Topic: inherited IRA and 401(k)
Replies: 7
Views: 1582

70k total. if you elect life expectancy, i think you have to take out between 1 and 2k per year (life expectancy about 80 minus 38 divided by 75k...). not enough to want to hassle with it annually, imho. i would think about doing this. you have to take a full distribution of the inheritance by the e...
by muddlehead
Sat Nov 29, 2008 6:50 pm
Forum: Investing - Theory, News & General
Topic: CDs. More return, less risk than bond funds?
Replies: 38
Views: 6615

"""Where are you buying CDs? I am using my Schwab IRA for tax exempt, and ING for taxable."""
schwab. i worked there for many, many years. but, i believe all discount brokers offer real close, if not exactly, the same variation of cd's. no more threads like this, please. secrecy is our gain.
by muddlehead
Sat Nov 29, 2008 12:30 pm
Forum: Investing - Theory, News & General
Topic: CDs. More return, less risk than bond funds?
Replies: 38
Views: 6615

you are missing nothing. i'm a satisfied cd buyer for fixed income portion of assets. often the simplest answer is the best answer. i think if you click on my signon you'll see all the posts i've made trying to educate readers on cd's past few months. whatever.
by muddlehead
Sat Nov 29, 2008 12:23 pm
Forum: Personal Investments
Topic: The Case For Not Maxing Out the 401k
Replies: 18
Views: 3587

there is no case...unless you think every investment possibility offered in the 401k will lose money over time.
by muddlehead
Mon Nov 24, 2008 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: IRA'S a Risky One
Replies: 12
Views: 2253

ok janet i am feeling your pain. what is your e/m address in nigeria and i'll wire you some money forthwith.
by muddlehead
Sun Nov 23, 2008 11:43 am
Forum: Investing - Theory, News & General
Topic: CD's, why not CD's instead of Treasuries?
Replies: 33
Views: 5400

2 days ago i bought a 5yr cd yielding 5%. the current 5 yr treasury yld is about 2%.
by muddlehead
Thu Nov 20, 2008 12:51 pm
Forum: Personal Investments
Topic: Newbie 401k Help Needed
Replies: 7
Views: 1679

my vote is the s&p500 index fund, despite the .70 fee. if you have many years left till retirement, and, are willing to accept stock market/equity risk, max out the 401k.
by muddlehead
Thu Nov 13, 2008 12:27 pm
Forum: Personal Investments
Topic: What would you do???? with $200k.........
Replies: 15
Views: 3214

50% in equities now. mortgage 4.5% would not prepay. 200k in 5% cd would grow roughly 10k per year x 8 minus taxes = 65k approx. 265k x 5% in cd's in 6 yrs would yield 13k a year. just an idea.
by muddlehead
Wed Nov 12, 2008 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is whole life insurance right for me?
Replies: 33
Views: 5535

the only humans who recommend any other form of life insurance beside term are insurance salespersons. does that tell you anything? as an responsible adult, you will never make an easier decision than term life insurance over "alternatives". by the way, stay away from annuities also.
by muddlehead
Wed Nov 12, 2008 1:10 pm
Forum: Investing - Theory, News & General
Topic: Is Now the Time to Buy Stocks?
Replies: 9
Views: 2152

at any moment in time stock market investing is a 50-50 proposition. if you think u.s. is not going out of business, yes. and, in that case this might be the best time in your life to buy stocks. if you think u.s. has begun it's slow, long, descent, maybe not.
by muddlehead
Sat Nov 08, 2008 9:49 pm
Forum: Investing - Theory, News & General
Topic: Seeking Safe Retirement Income -- Compare Two Options
Replies: 7
Views: 2104

option 1. no brainer. cd's.
by muddlehead
Fri Nov 07, 2008 11:53 am
Forum: Personal Investments
Topic: If you had to recommend just one good book...
Replies: 25
Views: 6214

it's a book i wrote. quite short. goes like this. spend less than you make. invest the rest.
by muddlehead
Tue Nov 04, 2008 12:32 pm
Forum: Investing - Theory, News & General
Topic: Mish perspective on direction of S&P 500
Replies: 26
Views: 3655

i'd be much more nervous if mish was bullish.
by muddlehead
Fri Oct 31, 2008 12:48 pm
Forum: Investing - Theory, News & General
Topic: New issue CDs at Vanguard, why not always get highest rate?
Replies: 35
Views: 7521

why not pick the highest yield? you might be maxed out to fdic limit with particular institution. all cd's sold by schwab, and i'll assume vanguard and fidelity are fdic insured. stay under fdic limit and you'll get your money back plus interest. i've had i'll guess 4 or so go under in 8 yrs without...
by muddlehead
Thu Oct 30, 2008 8:33 pm
Forum: Investing - Theory, News & General
Topic: Performance of advisors recommended on Bogleheads
Replies: 32
Views: 5468

be your own advisor.
by muddlehead
Thu Oct 30, 2008 8:25 pm
Forum: Personal Investments
Topic: 35 year old, 80/20 401k allocation
Replies: 10
Views: 2356

aware i'm always in the minority with the following answer on this board. at 35 in a 401k i'd be be 100% vtsmx.
by muddlehead
Thu Oct 30, 2008 8:13 pm
Forum: Personal Investments
Topic: Which funds for taxable? Which funds for annuities?
Replies: 7
Views: 2075

uber conservative and risk and worry free. been down this road recently. my mom is 80 and has been 100% cd's for 10 years, maybe more. father-in-law passed 3 years ago at 86 and i had him in cd's also. at that age, if your dad, like my mom and father-in-law can live happily off the interest... game ...
by muddlehead
Thu Oct 30, 2008 12:25 pm
Forum: Personal Investments
Topic: Which funds for taxable? Which funds for annuities?
Replies: 7
Views: 2075

i would keep all funds liquid in 1-5 yr cd's or money markets. you say he has 250k in annuities. does that mean he gets interest payments till he passes, and then, the 250k is not his estate's - but pffft, goes to the insurance company? he can gift up to 12k per year to anyone he likes for any purpo...
by muddlehead
Thu Oct 30, 2008 12:16 pm
Forum: Personal Investments
Topic: Limited Index Availability in 401K
Replies: 13
Views: 2114

s & p 500 index fund is perfectly suited for a 401k in which a young'n wants an equity position for the long term.
by muddlehead
Wed Oct 29, 2008 4:24 pm
Forum: Personal Investments
Topic: College kid: Income tax, EE bonds, Roth?
Replies: 7
Views: 1412

just one man's opinion, of course. use her earned money to offset college expenses, or, for her expenses, whatever they might be. i would only open a roth for a child, which us an awesome idea, if it can be funded by a relative. if she makes 3k, 3k can go into a roth from any source.
by muddlehead
Tue Oct 28, 2008 11:37 am
Forum: Personal Investments
Topic: Retirement all bond portfolio ???
Replies: 41
Views: 10740

in your shoes. i ladder cd's. perhaps a tad less yield. tons less worry.
by muddlehead
Thu Oct 23, 2008 10:58 am
Forum: Personal Investments
Topic: Age 26, 200k in cash...
Replies: 14
Views: 3649

the best way to not get your future wife's family money is to expect it.