Search found 254 matches

by ascenzm
Tue Dec 09, 2008 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: how do you keep track of your AA?
Replies: 50
Views: 8804

Jason, I understand that this process worked for you, but I have just tried again to get access though registering via T Rowe Price and was told my request could not be processed at this time. Last time I got to this point it was business hours and I called the phone number they listed for assistan...
by ascenzm
Tue Dec 09, 2008 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Mkts: devoid of common sense to invest now?
Replies: 27
Views: 4658

My equity AA is: 50% TSM 10% Tax-Managed Small Cap 30% Tax-Managed International 10% EM After 1-2 years of making no investments in EM due to relatively good performance, my next equity investment will be into EM, since that's the fund that my Excel spreadsheet tells me is now the most below my tar...
by ascenzm
Tue Dec 09, 2008 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Switch from Turbo Tax to Tax Cut
Replies: 10
Views: 2883

Re: Switch from Turbo Tax to Tax Cut

Hello, As a long time user of Turbo tax product I am considering switching to Tax Cut this year(less expensive,no fees for extra printing). Has anyone made this conversion and if so what are your thoughts with Tax Cut product?Thanks Until last year, I never used tax software to help prepare my tax ...
by ascenzm
Tue Dec 09, 2008 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Any experience with excess 401k contributions?
Replies: 14
Views: 2602

Excess 401K contributions are not a problem for me since my employer caps my maximum 401K contributions to 11% of my gross salary. I'd to get one heck of a raise in order to bump up against the $15.5K 401K limits. :(

Mike
by ascenzm
Tue Dec 09, 2008 8:30 am
Forum: Investing - Help with Personal Investments
Topic: how do you keep track of your AA?
Replies: 50
Views: 8804

Re: TRowe Price morningstar

I just tried to register for the Morningstar feature, twice and was unable to. Perhaps it's not free anymore to non T. Rowe Price people. It doesn't say anything like that but I suspect it might be a reason. Interesting. Did you register at Morningstar or at TRowePrice? You don't "register" for the...
by ascenzm
Tue Dec 09, 2008 8:27 am
Forum: Investing - Help with Personal Investments
Topic: how do you keep track of your AA?
Replies: 50
Views: 8804

Re: TRowe Price morningstar

LuckyDog wrote:I just tried to register for the Morningstar feature, twice and was unable to.

Perhaps it's not free anymore to non T. Rowe Price people.
It doesn't say anything like that but I suspect it might be a reason.
I had the same results as you with the T. Rowe Price site.

Mike
by ascenzm
Sat Dec 06, 2008 11:17 pm
Forum: Investing - Theory, News & General
Topic: Business Week Article - The Unretired
Replies: 33
Views: 6861

Re: Business Week Article - The Unretired

BW specializes in sad stories - mostly of people who made less than wise decisions. Consider their primary example in this week's issue who retired at 61 from his engineering job at Raytheon. He had $500,000 in his retirement accounts when he retired in 2002. He and his wife moved from LA to Tuscon...
by ascenzm
Wed Dec 03, 2008 7:49 am
Forum: Investing - Theory, News & General
Topic: Starting to think that No One knows anything about investing
Replies: 61
Views: 9253

I think it's data and opinion overload. If you look at many different financial/market websites, you'll see all sorts of opinions on the past and future. Some say the Dow will go to 5000, we're in a depression, etc. Other sites say a 25-50% rally will happen starting on Dec 15 ! Basically, none of ...
by ascenzm
Tue Dec 02, 2008 1:14 pm
Forum: Personal Consumer Issues
Topic: Zip and unzip files with what?
Replies: 15
Views: 3502

Are you using Windows XP? How about just using it's built-in zip/unzip capability? Windows XP Home edition does not have built-in zip/unzip (Professional Ed. does have it). My home PC's Window's XP Home Edition OS does have a built-in file compression (ZIP) feature and I use it regularly (compatibl...
by ascenzm
Mon Dec 01, 2008 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What is your debt/income ratio?
Replies: 70
Views: 13351

Wow, I was really impressed with the high percentage (60%) who carry no debt, including mortgages.... Cosmo I find it hard to believe that there are that many people here who don't use credit cards. I use two credit cards to pay for most of my expenses (love the Discover Card rebates) and I pay the...
by ascenzm
Mon Dec 01, 2008 10:10 am
Forum: Personal Consumer Issues
Topic: What is the ultimate Boglehead's new car?
Replies: 181
Views: 43124

Camry or Accord. practical, efficient, reliable, sensible, safe, quality, comfortable, attractive, cost-effective - and no gimmicks. The Corollo (sp?) is a little smaller than a Camry but gets better gas mileage. I believe you mean Corolla. My 2006 Toyota Corolla is my first non-American vehicle an...
by ascenzm
Wed Nov 26, 2008 8:31 am
Forum: Investing - Theory, News & General
Topic: What's your Dow Prediction for December 31, 2008?
Replies: 79
Views: 15361

9329

Mike
by ascenzm
Mon Nov 24, 2008 12:21 pm
Forum: Investing - Theory, News & General
Topic: What is your current Age and Asset Allocation?
Replies: 106
Views: 19287

I checked my Excel allocation spreadsheets and my 12-31-07 version showed my 12-31-2007 portfolio allocation as 57.3% equities (Vanguard equity index funds, Vanguard's REIT index fund and a small amount of my employer's stock in my 401K and 42.7% fixed income (Vanguard municipal bond index funds, Va...
by ascenzm
Mon Nov 24, 2008 11:59 am
Forum: Investing - Theory, News & General
Topic: What is your current Age and Asset Allocation?
Replies: 106
Views: 19287

Re: Rick's 70/30

Looking at all the responses, people are more conservative than i expected. The Crowd appears wiser than me with my 85% equity. I notice though that at 50 years old, Rick's AA is one of the more aggressive for a given age. Curious to hear his thoughts. I think Rick once wrote that anything more agg...
by ascenzm
Fri Nov 21, 2008 7:24 am
Forum: Investing - Theory, News & General
Topic: The Mother of all GLOOM and DOOM posts
Replies: 413
Views: 77768

Who was that guy on M* that claimed stocks were way overvalued and was waiting for a P/E 10 or something? Oh, yeah, that was hocus (Rob Bennett). I guess a broken clock is right twice a day... We members of the TMF Retire Early Campfire (fomerly known as the Retire Early Homepage) message board are...
by ascenzm
Fri Nov 21, 2008 7:21 am
Forum: Investing - Theory, News & General
Topic: The Mother of all GLOOM and DOOM posts
Replies: 413
Views: 77768

Re: gloom/doom

In January I posted that I reduced my equity AA to an all time low of 50/50%, partly based on Larimore and Swedroe books, among other considerations. I further stated that stocks could go to zero, and I could still stay retired. A comforting thought at the time. I didn't expect to test the hypothes...
by ascenzm
Sat Nov 15, 2008 8:49 pm
Forum: Personal Consumer Issues
Topic: The Electric Car is here
Replies: 15
Views: 3018

I drove the EV-1 for a couple of weeks, on a test basis. It could get about 100 miles per charge. How did you like it? Would you have considered buying one and how much would you have paid for it? Did it have heating and A/C up to expectations? Was the ride OK? Was the battery charge indicator accu...
by ascenzm
Thu Nov 13, 2008 8:06 am
Forum: Investing - Theory, News & General
Topic: My friend's Suggestion To Me During These Down Times
Replies: 26
Views: 5073

A virtually guaranteed way to buy high and sell low. Why didn't I ever think of that? My Roth IRA is 100% Windsor II :( From 1998 to 2006, I contributed the maximum I could to my Windsor II Roth IRA. I'm way underwater now, but I have no plans to switch from Windsor II to a MM fund because I'd neve...
by ascenzm
Fri Nov 07, 2008 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Saving too much? Probably.
Replies: 34
Views: 8389

I save as much as I can (currently 62.5% of my net salary) because retiring early will benefit me in many ways, and I get very little satisfaction out of consumption for its own sake. Financial independence and peace of mind are the greatest gifts one can "buy". It just costs a bit more than all th...
by ascenzm
Wed Nov 05, 2008 7:45 am
Forum: Investing - Theory, News & General
Topic: Surviving Inflation In Muni Funds
Replies: 12
Views: 3010

There are some muni bond funds from JP Morgan or Morgan Stanley with TIPS swaps attached, but they are 0.6% ER for $3 million minimum. Anything *we* can afford is loaded and probably costs 1.5% ER a year. Paul I don't understand this product. ??? If so, you probably should not consider making an in...
by ascenzm
Sat Nov 01, 2008 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Do losses in your Roth hurt much more psychologically?
Replies: 20
Views: 3936

Re: Do losses in your Roth hurt much more psychologically?

This downturn has not made me reconsider my risk tolerance or made me reduce my equity allocation for my overall portfolio. However, I have realized that I am far more risk averse in regards to my Roth account than I am with my taxable account or Traditional IRA. The fact that i can't TLH, and that...
by ascenzm
Fri Oct 24, 2008 5:32 pm
Forum: Investing - Theory, News & General
Topic: using the 72(t) exception: has anyone used this for IRAs?
Replies: 4
Views: 1158

Jeff,

Check out this website. A number of early retires over at the Motley Fool site have employed the 72(t) rule successfully.

Mike

http://www.retireearlyhomepage.com/wdraw59.html
by ascenzm
Sat Oct 18, 2008 7:09 pm
Forum: Investing - Theory, News & General
Topic: What % of your stock allocation is international, and why?
Replies: 90
Views: 17024

My IPS calls for my portfolio equity portion to be 70% domestic (USA) and 30% international (non-USA). Right now my portfolio domestic/international split is 73%/27% due to the drubbing that international stocks have taken recently. I hold international equities in my Total International Index and m...
by ascenzm
Sat Oct 18, 2008 9:28 am
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 291
Views: 47087

I've always considered my house an investment that will roughly keep up with inflation over a long period of time. The key is that I get to live in it while I own it and reap those benefits. Ken I agree with you. Owning one's home provides stability and you don't have to worry about dealing with a ...
by ascenzm
Fri Oct 17, 2008 12:45 pm
Forum: Personal Consumer Issues
Topic: Take a break
Replies: 7
Views: 1561

You mean if some of you asset classes drop 20% tomorrow, you're not going to rebalance or buy anything? Honestly? Jason That's why investors need a written IPS. Trust me, it was hard to not pull the trigger and buy additional shares of Vanguard's Value Index and Total International Fund this month....
by ascenzm
Fri Oct 17, 2008 10:57 am
Forum: Investing - Theory, News & General
Topic: Stabilizing housing prices
Replies: 56
Views: 9265

Re: Stabilizing housing prices

After watching the debates last night, and reading various articles about our current economic plight, it looks as though everyone seems to agree that we need to stop the decline in housing prices. And that would certainly ease or resolve a lot of problems. But how will this happen? Why will the go...
by ascenzm
Thu Oct 09, 2008 11:25 am
Forum: Investing - Theory, News & General
Topic: Congress mulls major 401(k) changes
Replies: 57
Views: 10268

I was under the impression that rich people can't invest in a 401k anyway because they make too much money. So, all this will really do is screw over the smart and productive members of the middle class. If something like this passes I will never be foolish enough to save for myself again. I will g...
by ascenzm
Thu Oct 09, 2008 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Just Took the Rebalancing Plunge
Replies: 10
Views: 2890

Re: Just Took the Rebalancing Plunge

For better or worse, I just rebalanced by moving 5% of my total portfolio from fixed income (intermediate bonds and a TIPS fund) to equities within my TIAA 403b. Like many people, I was reluctant to take this step, but I am reading Bernstein's Four Pillars (a superb book, by the way) and he inspire...
by ascenzm
Wed Oct 08, 2008 9:21 am
Forum: Investing - Theory, News & General
Topic: What would be the fair way to help out bad mortgage holders?
Replies: 35
Views: 3961

Did not debtor's prisons exist in the past? If these institutions existed today, I doubt that the mortgage crisis would be as severe as it is. It seems to me that people are bailing out on their mortgage obligations with no apparent penalty. This is not fair to prudent people who took on mortgages t...
by ascenzm
Tue Oct 07, 2008 7:49 am
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 5
Views: 1432

Rebalancing

My IPS's rebalance plan calls for me to check my portfolio every January to determine if rebalancing is required. I'm using Larry Swedroe's 5/25 Percent Rule to determine if rebalancing is required in January. All new money added to my portfolio during the year is directed to money market funds or t...
by ascenzm
Mon Oct 06, 2008 9:45 am
Forum: Personal Consumer Issues
Topic: Bitter taste of coffee and beer
Replies: 52
Views: 11361

Wow, a case at a time!!! It is sold in 4-packs here in ATL for $10.50 per 4 beers, catchy price point isn't it? Wonder where they got the name Tenfidy??? :wink: It would take me a looonnngggg time to work through a case of it, it is a one-and-done for me. PS - cans supposedly protect beer quality m...
by ascenzm
Mon Oct 06, 2008 9:26 am
Forum: Personal Consumer Issues
Topic: Bitter taste of coffee and beer
Replies: 52
Views: 11361

I believe taste perception changes over time and can come back full circle as well. My wife says my love of hot spicy food has killed my taste buds and lessened potential appreciation for more subtle flavors, but I digress. The vast majority of Americans drink lager beers indicating a preference fo...
by ascenzm
Sat Oct 04, 2008 1:48 pm
Forum: Investing - Theory, News & General
Topic: How Much Are You Down NOW?
Replies: 108
Views: 23352

Mike, I didn't realize you are here, too (also on MOTLEY FOOL). Good to see you here. Mot Fool has pretty much degenerated into just political drivel. This board, IMHO, is the premier investment board on the internet. Anyway, our results are similar for 2008. And it's my worst drawndown so far sinc...
by ascenzm
Sat Oct 04, 2008 1:08 pm
Forum: Investing - Theory, News & General
Topic: How Much Are You Down NOW?
Replies: 108
Views: 23352

Re: How Much Are You Down NOW?

My 60/40 is now 53/47 and I am down 13.27% year to date. It's ALOT of money, but in percent I guess it's within what can be expected for a 60/40 portfolio. I don't like this stress one bit...but looking at it in percentage terms does help. For reference, the DOW melted down 90%is after 1929 but was...
by ascenzm
Mon Sep 29, 2008 12:11 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets = Worst Case Scenario
Replies: 14
Views: 2773

Re: Emerging Markets = Worst Case Scenario

According to Google Finance, when Vanguard's Emerging Markets ETF hit 33.05 this morning it was down 43.9% from the 52-week high. It's interesting to note that the lowest 1-year return the S&P 500 has had since 1928 was a loss of 43.8%. (It happened in 1931.) So, by the standard of the US stock mar...
by ascenzm
Wed Sep 24, 2008 7:13 am
Forum: Investing - Theory, News & General
Topic: A Real Boglehead Moment - What are you doing?
Replies: 113
Views: 21419

What am I doing?

With regards to my investments, nothing. I am checking out this message board more regularly than normal and I'm following the Vanguard Tax Exempt MM Fund SEC yield issue. Every pay period, I make a contribution to either my Vanguard Prime MM Fund or to my Vanguard Tax Exempt MM Fund. My IPS says to...
by ascenzm
Fri May 02, 2008 9:35 am
Forum: Personal Finance (Not Investing)
Topic: 120 mile/day commute, Honda/Toyota vs the rest - what to buy
Replies: 44
Views: 12404

Long Commute

Move. Many Americans change jobs frequently, so if the poster moves to be close to his current job, in the future he might take a new job that requires a long commute. My daily work commute is a 31 mile round-trip. I'm using a 2006 Toyota Corolla to drive to/from work and I am quite satisfied with ...
by ascenzm
Mon Mar 17, 2008 8:46 am
Forum: Investing - Theory, News & General
Topic: When will the Prime Money Market Fund Interest Rate rise?
Replies: 12
Views: 3265

I am a newbee to the investing game and I have 10k in the fund for a month now and every day the interest rate is dropping like a fly. When is this rate going to go back up, it seems like its going to down to 0. Is their a better interest rate return on your money with a low risk than this? If you ...
by ascenzm
Mon Feb 18, 2008 10:46 am
Forum: Investing - Theory, News & General
Topic: I-Bonds from 1999
Replies: 19
Views: 3498

I-Bonds

By the time I realized Mel Lindauer was on to something with his I bonds, it was 2001 and the I bond fixed rate had dropped to 3%. I quickly scooped up $30,000 worth of 3% I bonds and would have bought more if not for the $30,000 annual limit. I did use my Discover card to buy the I bonds so I got a...
by ascenzm
Wed Oct 31, 2007 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: How will you contribute to your 2008 Roth IRA?
Replies: 53
Views: 14790

I'd contribute the maximum allowable amount to my 2008 Roth IRA on January 2, 2008. However, since my 2008 MAGI will most likely be over the level where one has to start reducing their Roth IRA contribution, I plan to delay my 2008 Roth IRA contribution until January 2009. At that time I will know w...
by ascenzm
Fri Oct 26, 2007 9:25 am
Forum: Investing - Theory, News & General
Topic: Finaly made Flagship-Bad experience
Replies: 47
Views: 16619

This is my first post, but I've been reading for a long time. Because the topic interested me, I thought I would register and submit a reply. I didn't start investing at Vanguard because of the frills. If I wanted frills, I could have stayed with a brokerage house, where I would get invited to part...
by ascenzm
Fri Jun 29, 2007 12:29 pm
Forum: Investing - Theory, News & General
Topic: How Much is Enough?
Replies: 73
Views: 31885

There's allot of discussion here, so I'm just gonna share my viewpoint and let it blend in with all you good folk's great ideas and insights. 8) When you get down to the philosophical brass tacks, the answer is $0. You can also say the sky's the limit without any contradiction. Practically though m...
by ascenzm
Fri Jun 29, 2007 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers, unions, and arguments
Replies: 67
Views: 26143

YDNLA wrote: Full disclosure: My wife IS a public school teacher. Your boss' wife and others [not all] in their profession are helping shape the mind of some future CEO in a Fortune 500 company who has a better compensation package for his/her administrative assistant (nothing wrong being the AA). ...
by ascenzm
Fri Jun 29, 2007 8:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market- the last 20 years
Replies: 5
Views: 2473

Vanguard Prime MM

I've owned shares of Vanguard's Prime Money Market fund since December 1980 (my first Vanguard fund). Great fund! IIRC, Vanguard Prime's dividend rate was ~ 17% per year in late 1980.

Mike
by ascenzm
Fri Jun 29, 2007 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Teachers, unions, and arguments
Replies: 67
Views: 26143

Teachers, unions, and arguments

If your son is lucky to have the calling to become a teacher or social worker or any other of the many unfairly-compensated professions in our society, then probably you WILL buy him a new car when he graduates college.:wink: In the Pittsburgh, PA area, IMHO it would be inaccurate to state that pub...
by ascenzm
Fri Jun 29, 2007 8:13 am
Forum: Investing - Theory, News & General
Topic: How Much is Enough?
Replies: 73
Views: 31885

Don't Know

I don't how much of a nest egg I'd need to successfully retire because I can't predict the future. Who knows if my pension or SS will be present as promised. Unforeseen health expenses for me or for elderly parents could cause havoc for my portfolio. Events such as peak oil, high inflation could be ...
by ascenzm
Sat May 19, 2007 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Game plan for those at the edge of Roth limits
Replies: 12
Views: 4353

Re: Game plan for those at the edge of Roth limits

So, for people that are on the edge of Roth eligability, what's the usual Boglehead game plan? Put in the max early in the year, then remove the deposit or shift into a taxable IRA once you run the tax numbers? I've never made any after-deposit adjustments like that, but I also don't want to pay an...
by ascenzm
Fri May 04, 2007 9:50 pm
Forum: Personal Consumer Issues
Topic: Bogleheads Personality Type
Replies: 176
Views: 51751

Another ISTJ here.

Mike
by ascenzm
Mon Mar 19, 2007 11:01 am
Forum: Personal Consumer Issues
Topic: Any Numismatic Diehards out there?
Replies: 106
Views: 51864

Re: Coins

I've been buying the US Mint Uncirculated sets since the State Quarters program started in 1999. Did it because I noticed a bunch of people collecting the circulated quarters and thought, hey, why not get the mint versions. Also started buying the US Mint Proof sets a couple of years ago - those ar...
by ascenzm
Mon Mar 19, 2007 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Foreign tax credit info to fill form 1116 for Vanguard funds
Replies: 13
Views: 7361

Re: Mike

I’m not exactly sure how I became aware that the IRS would accept the wording “Various” for mutual funds. I either saw it in print somewhere or someone at the local IRS tax office told me it was acceptable. At any rate, when using Turbo Tax it clearly states that you may use “Various” for mutual fu...