Search found 6339 matches

by cherijoh
Wed Aug 01, 2007 5:47 pm
Forum: Personal Investments
Topic: How am I doing for my age?
Replies: 30
Views: 9947

As you switch gears...

If you decide to cut back on your retirement savings to begin funding the new house piggy bank, keep in mind these things: Does your company match your 401k? If so, you may want to continue to fund up to matching limit. Are you eligible for a Roth IRA? You may want to fund this as well. Since Roth h...
by cherijoh
Tue Jul 24, 2007 1:57 pm
Forum: Personal Investments
Topic: Pension Plans? and a 403B issue
Replies: 10
Views: 2928

Welcome to the Diehards...

I worked at a company that provided a defined benefit (DB) pension and a 401k plan. Here's how I looked at it: I didn't include the pension as part of my asset allocation, since I couldn't sell off the pension to buy more stocks when they were down. But it did allow me to be more aggressive than I w...
by cherijoh
Tue Jul 24, 2007 1:50 pm
Forum: Personal Investments
Topic: Pension Plans? and a 403B issue
Replies: 10
Views: 2928

Welcome to the Diehards...

I worked at a company that provided a defined benefit (DB) pension and a 401k plan. Here's how I looked at it: I didn't include the pension as part of my asset allocation, since I couldn't sell off the pension to buy more stocks when they were down. But it did allow me to be more aggressive than I w...
by cherijoh
Mon Jul 23, 2007 12:54 pm
Forum: Investing - Theory, News & General
Topic: Roth 5-Year Holding Period??
Replies: 3
Views: 1738

I'm not a tax expert, but...

I believe the clock starts from when you first open a Roth IRA. I think there is a seperate 5-year clock for Roth conversions though.

You make want to check out the following website http://fairmark.com/rothira/ - they have been referenced here previously as a good sourse of info on Roth IRAs.
by cherijoh
Fri Jul 13, 2007 12:12 pm
Forum: Personal Investments
Topic: Income Tax Penalty - Adjust withholding or not?
Replies: 4
Views: 1349

Another Option

You can maintain your current withholding and if your cap gains distributions in Dec bump you up into penalty territory, you have until Jan 15th to pay estimated taxes for the 4th quarter. You can pay just enough to avoid penalties then pay remainder on Apr 15th.

C
by cherijoh
Wed Jul 11, 2007 4:45 pm
Forum: Investing - Theory, News & General
Topic: FTSE All-World ex-US EFT Att:Rick & Larry
Replies: 15
Views: 4527

OP talking about VEU

I find Total International to be a better choice than the FTSE All-World product. Why? There are a million threads on it here, so I'd just refer you to looking around and don't really want to get into a debate or anything. The reasons why I like it over FTSE are: lower expense ratio, no "purchase f...
by cherijoh
Mon Jun 25, 2007 7:52 pm
Forum: Personal Investments
Topic: Student Loans VS Keep Contributing
Replies: 16
Views: 4487

Similar to early mortgage payoff

AS one of the other poster's noted, this is similar to paying off a mortgage early. Within the last few months someone posted an academic study on the mortgage question either here or the Morningstar board. IIRC, the study found that a rather large percentage (40%?) of people who accellerated paying...
by cherijoh
Sat Jun 23, 2007 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Moving and Finding a Job ...
Replies: 10
Views: 3800

Some suggestions

1) Check with your local library. They will probably have a handbook of the big executive recruiting firms and which agencies deal with your line of work. These guys are usually paid by the company and aren't scams like some of the internet stuff. 2) Are there any professional societies in your spec...
by cherijoh
Wed Jun 20, 2007 6:02 pm
Forum: Investing - Theory, News & General
Topic: Scary Figures - American Savings Report
Replies: 86
Views: 31338

Re: Savings

I checked out Mel's later link to the study and it mentions that DB pensions and home equity are not included in these figures. So it looks like IRAs, 401k plans and the like, and after tax savings ARE included. So the numbers are either pitiful or sobering, depending on your perspective. Maybe bot...
by cherijoh
Wed Jun 20, 2007 3:14 pm
Forum: Investing - Theory, News & General
Topic: Scary Figures - American Savings Report
Replies: 86
Views: 31338

Re: Savings

I assume this includes all forms or savings, such as 401ks adn IRAs but probbaly not home equity. The methodology is important, because when we hear every month that Americans have a negative savings rate, this doesn't seem to include retirement accounts as savings. I tend to think that Diehards ar...
by cherijoh
Sat Jun 16, 2007 8:15 pm
Forum: Investing - Theory, News & General
Topic: Index Research Paper Now Available
Replies: 20
Views: 5852

Re: Improved Edition

. Thanks Mel, I really hope we are beyond the "book seller greed" thing. Many people received this report a DH IV. For those downloading it here, I wish to thank Mike O'Regan for this improved edition. Rick Ferri Hi Rick, So is this linked file identical to what was passed out at Diehards? Your com...
by cherijoh
Sat Jun 16, 2007 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Are we just a small niche group?
Replies: 76
Views: 35566

In today morning’s train commute, I was chatting with these fellow pessengers (my train friends). They were all talking about this XYZ company’s stock. How it had gone up by 50% in past 1 week. They were all talking about the price they had bought that stock. From what I could understand is that re...
by cherijoh
Wed Jun 06, 2007 10:24 pm
Forum: Investing - Theory, News & General
Topic: Bad Brokers Strike Again-Buyer Beware
Replies: 10
Views: 2532

Hmmm

I live in Charlotte and actually know several people who retired from Bellsouth during that time frame!

C
by cherijoh
Mon Jun 04, 2007 9:07 pm
Forum: Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8702

Thank you all for your valuable input which has been extremely helpful! I would like to respond to some specific comments. Livesoft and laura both suggested a Roth IRA to reduce my heavy tax load. I checked with my accountant this morning and it is her position that I cannot qualify for a Roth IRA ...
by cherijoh
Sun Jun 03, 2007 11:23 pm
Forum: Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8702

Please explain your statement

I will also likely make maximum SEP and IRA contributions this year and, perhaps, next. I am not adding any additional funds to my retirement account, but am withdrawing funds to assist one of my sons (+/- $2,500/month) and to cover taxes resulting from my inheritance. You total confused me with th...
by cherijoh
Sat Jun 02, 2007 7:39 pm
Forum: Personal Investments
Topic: 401(k) Advice
Replies: 8
Views: 2090

You may want to consider a Bond Fund

You may want to look at your choices in bond funds. They often have lower expenses than stock funds and definitely should be in a tax advantaged account since they are tax inefficient. Also, it is easier to figure out your AA for the rest of your portfolio if you stay away from fund of funds (which ...
by cherijoh
Thu May 31, 2007 9:01 pm
Forum: Personal Investments
Topic: [poll] 800 lb gorilla in room: how much will you inherit?
Replies: 36
Views: 15004

Re: Inheritance figures

I jsut read that according to an AARP survey, the median inheritance was about $48K in 2002. C some additional googled facts... http://www.banking.com/ABA/feature2_1296.htm - 64,200,000 adults in America are 50 and older. - People 50 and older spend $1 trillion annually on goods and services. - Mat...
by cherijoh
Sun May 27, 2007 11:41 am
Forum: Personal Investments
Topic: [poll] 800 lb gorilla in room: how much will you inherit?
Replies: 36
Views: 15004

After all, i would be hapier if my parents would be less pesimisitc ans spend a bit more . My grandparents were very much like this. Basically anyone who grew up in the 30's and 40's and experienced the great depression and world war II has a much different perspective on life and money issues. Our...
by cherijoh
Sat May 26, 2007 4:46 pm
Forum: Personal Investments
Topic: [poll] 800 lb gorilla in room: how much will you inherit?
Replies: 36
Views: 15004

Inheritance figures

I jsut read that according to an AARP survey, the median inheritance was about $48K in 2002.

C
by cherijoh
Wed May 23, 2007 8:41 pm
Forum: Investing - Theory, News & General
Topic: Your Questions for the Experts
Replies: 44
Views: 20659

Questions for Rick Ferri

1) What characteristics (besides low cost) should one look for when considering an ETF? What characteristics to avoid? (When is your EFT book due out?) 2) When setting up a multiple asset class portfolio, when should you consider skipping an asset class? At some point, adding another sub-class may n...
by cherijoh
Sun May 20, 2007 4:04 pm
Forum: Investing - Theory, News & General
Topic: Subprime Bailout & Gov't Subsidy of Home Ownership
Replies: 44
Views: 17974

Beazer's a bit more than a local home builder. When I was initially looking at information for possible move to the DC Metro area discovered they've got scores of developments in WV, VA, MD, DE, PA. If memory serves correctly they're in 20 or 23 states, including the one I'm relocating to in less t...
by cherijoh
Sun May 20, 2007 12:57 pm
Forum: Personal Investments
Topic: 100% equity works if you only live off dividends?
Replies: 77
Views: 30407

Are you sure that's true? Can you explain his reasoning or copy some of his calculations? Or just copy a passage? Historically 100/0 portfolios have outperformed 85/15 portfolios. Anything that says otherwise is plain wrong. It's not possible to increase returns just by adding an asset allocation w...
by cherijoh
Sat May 19, 2007 8:45 pm
Forum: Investing - Theory, News & General
Topic: Foreign Exchange Risk
Replies: 24
Views: 7642

Hedged funds

Can anyone provide a list of total international stock market funds are available that are hedged? The only fund that I can think of is Tweedy Browne Global Value. It is fully hedged against currency risk. However, it isn't strictly a foreign fund since can invest in the US. The last several years ...
by cherijoh
Fri May 18, 2007 5:51 pm
Forum: Investing - Theory, News & General
Topic: Subprime Bailout & Gov't Subsidy of Home Ownership
Replies: 44
Views: 17974

Re: Subprime Bailout & Gov't Subsidy of Home Ownership

http://biz.yahoo.com/brn/070430/21762.html?.v=1&.pf=personal-finance This is a good article on the sub prime (and possibly soon to be adjustable rate mortgage) mess. If the government subsidizes the risk takers, it will encourage more of the same in the future. I’m not for letting people starve in ...
by cherijoh
Sun May 13, 2007 12:01 pm
Forum: Personal Investments
Topic: Cost basis of fractional shares?
Replies: 16
Views: 7032

For stock, I would not use average cost basis. Every time you purchased stock you have a separate cost basis. When you sell your stock, just identify from which lot it came from and you can readily calculate the cost basis. Keep good records. Livesoft, I thought you had to identify which shares you...
by cherijoh
Sun May 13, 2007 11:43 am
Forum: Personal Investments
Topic: Cost basis of fractional shares?
Replies: 16
Views: 7032

Yes, that looks right

Hi Pam!

Yes, your logic and math look fine.

C
by cherijoh
Fri May 04, 2007 5:46 pm
Forum: Personal Consumer Issues
Topic: Bogleheads Personality Type
Replies: 176
Views: 52716

I was skeptical of the Myers Briggs until...

we did it as a work group exercise. One of my coworkers pegged out one extreme on each of the the 4 categories. (I think this is highly unusual). When we read the description it was eerie how good a personality match it was. I think it is much harder to recognize the type for those who fall closer t...
by cherijoh
Fri May 04, 2007 4:28 pm
Forum: Personal Investments
Topic: I'm helping a friend's widowed mother
Replies: 16
Views: 4821

All the assets should probably get a stepped-up cost basis, so selling now should have little tax consequences. Consult the estate attorney and the tax preparer of the estate for more details. That is going to depend on how the assets were owned. If they were owned jointly then she is only eligible...
by cherijoh
Mon Apr 30, 2007 9:20 pm
Forum: Investing - Theory, News & General
Topic: R-squared, eh?
Replies: 27
Views: 9598

I think funds tend to quote R-squared for a reason--it's numerically smaller. Brad, I hate to burst your bubble, but the use of R-sq is not a conspiracy of the fund companies! :lol: R-sq is the more frequently used statistical term since variances (standard deviation squared) are additive and stand...
by cherijoh
Wed Apr 25, 2007 4:40 pm
Forum: Investing - Theory, News & General
Topic: 401K: Max out early or spread out evenly all year?
Replies: 29
Views: 12621

The employer contributions don't count towards the 15K limit, do they? I think I remember reading that only the employee contributions count. Is that correct? You're correct - employer matching doesn't count towards the 15K limit. There is some other limit (I think 40K) that it does count towards. ...
by cherijoh
Tue Apr 24, 2007 1:07 pm
Forum: Personal Investments
Topic: IRA to be converted in 2010: deductible or non-deductible?
Replies: 13
Views: 3939

Re: 2 thoughts

1. You may not be able to convert to a roth in 2010, so you may not have to worry about it. Laws change and this is probably one of the more likely to change. 2. If in doubt, and if you actually have the choice of making deductible contributions (for 2006???), put half your contributions in each ty...
by cherijoh
Sun Apr 22, 2007 7:53 pm
Forum: Investing - Theory, News & General
Topic: Analysis of relative diversification effects
Replies: 18
Views: 12709

3. REITS did not enhance risk return characteristics. Lower volatility of returns (SD) came at the expense of lower return and a lower Sharpe ratio. Wierd. That doesn't make sense to me unless Trev H's table is wrong: 1972-2006 Correlations, CAGR, Volatility Correlation to:.US Market...500 Index......
by cherijoh
Tue Apr 10, 2007 9:10 pm
Forum: Personal Investments
Topic: Newbie---be patient with me...
Replies: 12
Views: 4510

Mel's response

Mel Lindauer wrote:When you do that, you'll probably find that your total cost basis is less than you think.
Mel, did you mean to say capital gains are less than you think? When you include reinvested dividends and cap gains your cost basis increases not decreases...

C
by cherijoh
Sat Apr 07, 2007 7:50 pm
Forum: Forum Issues and Administration
Topic: Quote feature
Replies: 12
Views: 5485

Re: Quote feature

tokyoleone wrote:Can anybody explain how to use the "quote" feature when posting? Can't seem to figure it out. Thanks.
I think you just click on the message you want to reply to and it opens a response and preloads the selected message.
C
by cherijoh
Sat Apr 07, 2007 7:46 pm
Forum: Investing - Theory, News & General
Topic: % assets in retirement vs. non-retirement accounts?
Replies: 34
Views: 7725

I'm 60% tax deferred, 40% taxable. It used to be higher, but I received an inheritance that increased taxable account substantially.

C
by cherijoh
Thu Mar 01, 2007 7:57 pm
Forum: Personal Investments
Topic: New Boglehead with IRA Question
Replies: 20
Views: 9766

Ryan

One thing you need to be aware of. Even if you do not contribute to your 401-k, its very existence will limit your ability to make deductible contributions to a Traditional IRA. I'm guessing that your income will exceed the AGI limits to make a deductible contribution. You can always make non-deduct...
by cherijoh
Tue Feb 27, 2007 4:50 pm
Forum: Personal Investments
Topic: Mortgage prepayment: how much and why?
Replies: 40
Views: 23378

refinanced twice for shorter terms

I bought my current house almost 15 years ago. At the time I was planning to retire in 2013 (21 years later). My condo hadn't sold, so I decided to rent it out for a while. A 15-yr mortgage would have been a stretch if I was without a tenant in the condo for any length of time. So I went with a 30 y...
by cherijoh
Mon Feb 26, 2007 5:50 pm
Forum: Personal Investments
Topic: Any suggestions on my 401k choices?
Replies: 17
Views: 6871

Random Musings - Potential Downside to Rollover

If you are thinking about putting money into a non-deductible IRA then converting to a Roth when the new new tax law goes into effect, you need to be aware of one twist. For the purposes of converting to a ROTH, all IRAs are considered to be coming from the same pool. So compare these two scenarios:...
by cherijoh
Mon Feb 26, 2007 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: IE Browser Spell Checker
Replies: 3
Views: 3176

Spellcheck in IE

Spell check is included in the Google toolbar which is an option with the new version.

C