Search found 597 matches

by not4me
Mon Nov 26, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Contributing MLP to DAF .. any special considerations?
Replies: 1
Views: 179

Re: Contributing MLP to DAF .. any special considerations?

I briefly tried to find an IRS reference on this to see if my mind is recalling correctly -- but didn't find one easily. I think in this case the deduction is limited to how much the MLP would sell for today less original amount invested. For example, say you invested $10k at some point in the past ...
by not4me
Mon Nov 26, 2018 4:40 pm
Forum: Personal Investments
Topic: Inheritance and Financial Advisor (Advice Please!)
Replies: 16
Views: 2101

Re: Inheritance and Financial Advisor (Advice Please!)

~610k in nonqualified annuity thru Jeff Nat. 540k is the cost-basis so roughly 70K in gains. Average expense ratio of my funds in Jeff Nat is 85 basis points. This is on-top of 75 basis points to advisor. I believe only other fee for annuity is flat $240 Jeff Nat fee but I could be wrong on this. S...
by not4me
Mon Nov 26, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Private mortgage and estate planning
Replies: 9
Views: 696

Re: Private mortgage and estate planning

I've handled a number of estates where a beneficiary was in debt to the decedent and was always successful in distributing the note to the obligor/beneficiary as part of the beneficiary's share . It would avoid potential problems if this was specified in the will. Gill I think this & other post sho...
by not4me
Mon Nov 26, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 33
Views: 2413

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

Some miscellaneous thoughts...much harder to generalize & give concrete suggestions to cover all possibilities. Some things are state dependent or based on type of investment, etc. If beneficiary is a spouse, differs from non-spouse. Transfer on death is different than "just" beneficiary. Are there ...
by not4me
Sat Nov 24, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance questions.
Replies: 17
Views: 2159

Re: Inheritance questions.

]Yes,I am also the executor of the estate. I do have copies of both death certificates. Has the court named you executor? or are you saying this because the will nominates you as executor? Lawyer should help you understand the process. You mentioned contacting your lawyer -- have you also checked w...
by not4me
Fri Nov 23, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Helping elderly Mom with finances
Replies: 45
Views: 3640

Re: Helping elderly Mom with finances

OP, 1st of all, sounds to me that you've got a good grip on this & I know it is a difficult situation that won't be quickly resolved. 2nd, I'll readily admit I didn't read everything & apologize if already touched on. It really gets to how much of their financial lives are joint. I saw where an elde...
by not4me
Fri Nov 23, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Is this considered capital gains or income?
Replies: 27
Views: 2274

Re: Is this considered capital gains or income?

In addition to much of what has already been said, however it is handled needs to be consistent between you & the business. That is, brother's books need to reflect the same approach. Would be interested to know if he plans to issue a 1099, K1, etc....

& congrats!!
by not4me
Fri Nov 23, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 168264

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Anyone have any thoughts as to using the new BAR ETF for their gold position within the Permanent Portfolio? The expense ratio looks cheap. Not as big as GLD and IAU, but cheaper. Is there a reason not to use BAR over GLD or IAU? The reason not to use BAR would likely be due to the liquidity of BAR...
by not4me
Fri Nov 23, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Inherited Tax Loss
Replies: 10
Views: 1019

Re: Inherited Tax Loss

I'm neither a lawyer nor cpa & so take this advisedly.... I'm not so sure that it being a private reit is as key to understanding this as that it sounds as if you are "inheriting" via a trust. The private reit aspect may help explain the delay. I believe that if there a cap losses remaining after la...
by not4me
Wed Nov 21, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: % cash allocation for real-estate
Replies: 6
Views: 530

Re: % cash allocation for real-estate

I think when people hear "real estate" then they think different things. Many, if not most, on the forum think of either publicly traded REITs or being a landlord for a single family house. If you are including "loans to flippers", that might be part (albeit a very risky part) of your "bond" allocat...
by not4me
Wed Nov 21, 2018 2:24 pm
Forum: Personal Investments
Topic: Alternative/Clean Energy Investing
Replies: 13
Views: 1135

Re: Alternative/Clean Energy Investing

Greetings everyone, This is a great forum and I have found lots of success and helpful investment advice here. I have learned that when picking mutual/index funds it is better to pick broad market as opposed to sector specific. That being said, I have been very interested in clean energy and there ...
by not4me
Wed Nov 21, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: GE bonds
Replies: 19
Views: 1890

Re: GE bonds

I inherited a $50,000 GE bond 5 years ago. At the time, it was trading at around $55,000 and paid 5%, or $2,500/year and had a 2023 maturity date. I'd never owned a bond (only bond funds) and held on to it--I thought: wow, this is pretty cool! Today its value is $43,937. In hindsight, I guess I sho...
by not4me
Wed Nov 21, 2018 2:04 pm
Forum: Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13466

Re: Can someone explain what's going on [with the stock market]?

There may be a way to see it (trade flow) but I believe you have to pay for the data. The stock exchanges regularly sell this data, but you have to pay to see it. So as to be a bit more exact, this may be getting too exact! I think you are right that you have to pay to see ALL, but to illustrate th...
by not4me
Wed Nov 21, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 168264

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Anyone have any thoughts as to using the new BAR ETF for their gold position within the Permanent Portfolio? The expense ratio looks cheap. Not as big as GLD and IAU, but cheaper. Is there a reason not to use BAR over GLD or IAU? The reason not to use BAR would likely be due to the liquidity of BAR...
by not4me
Wed Nov 21, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 27
Views: 2837

Re: Inflation

I see rates rising, talk about inflation but where is inflation really going to come from? When you say "rates" are rising, are you talking about the Fed actions? If so, those are short term interest rates -- not to be confused with long term interest rates or inflation rates...or am I missing your...
by not4me
Wed Nov 21, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: Alternative Categories in the Portfolio theory model, REITs, Commods, ETC?
Replies: 7
Views: 789

Re: Alternative Categories in the Portfolio theory model, REITs, Commods, ETC?

I think all of these have some advocates. Commodities is a broader term that you might search for that at times includes gold, oil, etc. Look for threads on Permanent Portfolio and/or Golden Butterfly as well. These can give broader understanding as to why some feel them necessary.
by not4me
Wed Nov 21, 2018 1:29 pm
Forum: Personal Investments
Topic: Ownership in family business
Replies: 13
Views: 1572

Re: Ownership in family business

As others recommend, I'd get a trusted adviser that can be taken into confidence & also bring some fresh, objective ideas after knowing more detail. Be sure that all perspectives are considered. You didn't mention some things such as whether you have a spouse that buys in, if this is a major or mino...
by not4me
Wed Nov 14, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help or Advice on Land Purchase
Replies: 8
Views: 808

Re: Help or Advice on Land Purchase

I'd like to see a little more info before suggesting too much. You mentioned being the "only child interested " -- I take that to mean that you have siblings. They may not be interested in the land, but not overly happy with these terms. How this affects your parents overall estate may be important....
by not4me
Wed Nov 14, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Annuities
Replies: 26
Views: 3207

Re: Annuities

I’d look at this in two parts. One part is whether to use an SPIA as part of your retirement strategy. Assuming that is a option you choose, then the second part is when & how. Without getting overly complicated or trying to time the market, you may want to consider taking the IRA option now. I’d be...
by not4me
Mon Nov 12, 2018 2:48 pm
Forum: Personal Investments
Topic: Asset allocation question: How to include farm rental income in my model?
Replies: 9
Views: 635

Re: Asset allocation question: How to include farm rental income in my model?

I've always considered the farm to have a low correlation with returns on both stocks and (to a lesser degree) fixed income, and that strikes me as a good thing. So as to be clear upfront, I would recommend advice Radaudit gave upthread. But to clarify why I say that…I see problems with focusing to...
by not4me
Thu Nov 08, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Stock Delisted, what now?
Replies: 10
Views: 1999

Re: Stock Delisted, what now?

Just a caution since the contrarian thesis I put at the end of my post was just an example of how one could spin it. I personally wouldn't stay in it and would try to sell OTC. I don't know anything about the company & will largely echo jminv's thoughts. I just found this to be an interesting situa...
by not4me
Thu Oct 25, 2018 12:17 pm
Forum: Personal Investments
Topic: Dividend Investing vs. Index Funds
Replies: 19
Views: 2531

Re: Dividend Investing vs. Index Funds

I'll add my voice to the chorus. I'll point out that all ETFs have an associated index, but that doesn't really equate to index investing. I'd start by telling them there really aren't any stock funds returning over 5% today because there isn't a market for funds that have that much risk. (That may ...
by not4me
Thu Oct 25, 2018 11:57 am
Forum: Personal Investments
Topic: fund "closed to new investors"
Replies: 3
Views: 654

Re: fund "closed to new investors"

There are different "levels" of closing & those rules are really set by the fund company...in this case T Rowe Price. Sometimes they close to new retail customers, but allow new customers through 401ks, institutional shares etc. Some companies that hold the account might let certain customers access...
by not4me
Thu Oct 25, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Is emerging markets investable?
Replies: 51
Views: 3199

Re: Is emerging markets investable?

Is China the extent of your concern? If so, there are ETFs available that exclude China. I think the broad answer to your question is 'yes, it is investable' Is it a good choice to exclude? Not for most people. But, for you, you are the only one who can determine if whatever has led you to exclude t...
by not4me
Thu Oct 25, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: Effect of Federal Funds Rate on bond yields
Replies: 20
Views: 1583

Re: Effect of Federal Funds Rate on bond yields

I thought that yields on bonds were only caused by changes in prices of a bond (i.e. from the buying and selling of bonds) - not the other way around. Let me try to say this another way. When a bond is initially issued, the coupon payment is set & doesn't change. There is a mathematical relationshi...
by not4me
Thu Oct 25, 2018 6:41 am
Forum: Investing - Theory, News & General
Topic: Stocks, Inflation, and the Strategic Implications
Replies: 25
Views: 2458

Re: Stocks, Inflation, and the Strategic Implications

While very interested in the topic, I doubt whether the 70’s are that relevant to today. Of course stocks suffered then as correct me if I am wrong, but wages generally kept up with inflation didn’t they. This touches on really several parts. 1st, I was hearing OP suggest that commodities were redu...
by not4me
Wed Oct 24, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: VNQI (Global ex-US Real Estate) vs. VNQ (Real Estate)
Replies: 5
Views: 1574

Re: VNQI (Global ex-US Real Estate) vs. VNQ (Real Estate)

These funds would seem basically the same except the first one is foreign, while the second is domestic. Am I missing something here or is foreign a great bargain relative to US real estate? I on't weigh in on whether it is a great bargain or not. Will say they are not basically the same & therefor...
by not4me
Wed Oct 24, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Stocks, Inflation, and the Strategic Implications
Replies: 25
Views: 2458

Re: Stocks, Inflation, and the Strategic Implications

Sorry if I wasn't clear in what I was asking. Basically I'm just wondering why the risk parity community thinks stocks have an inverse relationship with inflation, when it's clear from both basic logic and historical examples such as hyperinflations that they in fact are positively related. Typical...
by not4me
Wed Oct 24, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Effect of Federal Funds Rate on bond yields
Replies: 20
Views: 1583

Re: Effect of Federal Funds Rate on bond yields

I don’t altogether understand why bond yields increase when the Fed raises the Federal Funds Rate (assume that the hike is unexpected). On the surface, it seems to make sense (contagion) but when I break it down I get lost. So, an unexpected raise in the federal funds rate causes a bond selloff (wh...
by not4me
Tue Oct 23, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Hedging tomorrow's tax rates
Replies: 32
Views: 2762

Re: Hedging tomorrow's tax rates

There have been several threads around lately that (to me) get back to the same point & I think different folks have different circumstances. I do think that for some people bringing along taxable accounts makes sense. Is it 50/50? Well, for starters, I'd say look at employer match. That isn't alway...
by not4me
Tue Oct 23, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Stocks, Inflation, and the Strategic Implications
Replies: 25
Views: 2458

Re: Stocks, Inflation, and the Strategic Implications

To me, it sorta seems like stocks belong in the top two boxes and nominal bonds in the bottom two boxes, eliminating the need for things like commodities with zero real return. Perhaps Bridgewater has found some statistical inverse relationship in the short run, but isn't Venezuela evidence to the ...
by not4me
Wed Oct 17, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3337

Re: Better to invest in taxable and not deferred?

This sounds clever? but something tells me it isn't, what is the flaw in this line of thinking. I don't think this is a flaw in SOME cases. If the co-worker is saying this is always the best, I think they are as incorrect as saying it never is. I skimmed other posts & think most points at least tou...
by not4me
Wed Oct 17, 2018 9:48 am
Forum: Personal Investments
Topic: What to do with variable annuity at retirement age?
Replies: 8
Views: 609

Re: What to do with variable annuity at retirement age?

Agree with bsteiner, but would elaborate a bit more. Once she's considered possible ROTH conversion, I'd get out as soon as possible based on room in tax bracket. I'm assuming she's past surrender fees. I wasn't clear if it is currently at Vanguard, but I'd suggest if it isn't there already, call ei...
by not4me
Thu Oct 11, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5732

Re: Timber as an alternative - didn't work so well...

Swensen invested some of the Yale endowment fund in timber; anyone know how that's done? I don't, but would be interested in hearing as well. I did a quick search to see what the "current" state is comparing "timber" to stocks. I use quotes because different sources use different methods as to what...
by not4me
Thu Oct 11, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5732

Re: Timber as an alternative - didn't work so well...

To me, this mainly illustrates not "investing" in what you don't understand. There's a lot of misunderstanding in regard to this area. Untold number of stories where it didn't work out....untold number where it did. I didn't read this article (due to paywall, but have seen several like it). Close pr...
by not4me
Sat Oct 06, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Should I, and how, act on changes in managing diet and health?
Replies: 65
Views: 5005

Re: Should I, and how, act on changes in managing diet and health?

So, do you think that the effects will be felt in a substantial way by companies? How would I invest if I thought that the effects will be actionable? Am I tripping in thinking that this will be anything more than a trickle of people changing how they live? Taking these in order...(1) substantial e...
by not4me
Sat Oct 06, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Complicated inherited IRA situation
Replies: 8
Views: 1139

Re: Complicated inherited IRA situation

I assume the account was re-titled to me as a benificiary in 2005 with the wrong ssn. The ssn issue is being resolved in the next week. I would not assume if I were you. I honestly don't know if it will matter if you do indeed cash it out totally, but it might. From what I've gathered so far, it wo...
by not4me
Sat Oct 06, 2018 7:41 am
Forum: Personal Investments
Topic: Variable Annuities - Already Commited, Now What?!?!
Replies: 5
Views: 815

Re: Variable Annuities - Already Commited, Now What?!?!

1st, bluedemon67 gave sound advice that I'd encourage you to follow. These products often have some unique features & obviously can't speak to those. I'd be surprised if they offer anything that can't be handled as well in other ways & likely less expensive. That said, here's what I'd do. For those ...
by not4me
Fri Oct 05, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Complicated inherited IRA situation
Replies: 8
Views: 1139

Re: Complicated inherited IRA situation

OP, just to clarify....is the IRA still titled in the name of the deceased? If so, that coupled with the incorrect ssn likely explains why the IRS hasn't come knocking...yet. If not, is it titled correctly now? And are you the sole beneficiary of this account? It would be much messier otherwise.
by not4me
Fri Oct 05, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: How much effort to close an estate and is it worth it?
Replies: 13
Views: 1532

Re: How much effort to close an estate and is it worth it?

There are way more questions with info available thus far than I want to type. I assume the language used indicates unfamiliarity more than anything.It isn't clear to me if there was a will or not, if probate was opened so far or not, etc. Are the siblings the only beneficiaries? Is the $40K estimat...
by not4me
Thu Oct 04, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2739

Re: Why TIPS only for unexpected inflation?

I'm totally confused by the whole "only unexpected inflation" thing. I've found this quote to be confusing at times myself. I didn't read all the posts, but in skimming through I saw lots of good info & some not so good. I'll give my simple take on this. 1st, in my limited experience, I usually see...
by not4me
Thu Oct 04, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial land for sale, agent and seller are one
Replies: 6
Views: 427

Re: Commercial land for sale, agent and seller are one

Did the "offer" have an expiration date? In my opinion it should always have one. Even then, the seller doesn't HAVE to reply. But if no expiration date, they can wait as long as they want. I'm not a lawyer & can't say how enforceable it might be later. I'd try & restart the process by sending anoth...
by not4me
Thu Oct 04, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Converting minor bonds
Replies: 1
Views: 183

Re: Converting minor bonds

I haven't had direct experience with this, but the treasury direct web site has some details on how to do this. Whether there are problems with the execution I can't speak to. One suggestion might be to edit the thread a bit. I'd suggest a different title, such as 'converting paper saving bond for c...
by not4me
Thu Oct 04, 2018 11:11 am
Forum: Personal Investments
Topic: Asset allocation question: How to include farm rental income in my model?
Replies: 9
Views: 635

Re: Asset allocation question: How to include farm rental income in my model?

My comments would largely follow those of RadAudit with some expansion. You'll find a lack on consensus on approach and, within an approach, the detail implementation. To me, the key to answering the question comes down to how YOU will use the answer. It sounds as if you've been using 60/40 & not fa...
by not4me
Tue Oct 02, 2018 8:04 am
Forum: Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7768

Re: Bonds... Why do people bother with them. ?

Age: 30 I'm all in on stocks ...is there a way to structure the move so taxes are lower or should I just pick a total bond fund I like and tell vanguard "do it tomorrow"? I am asking because I've never 'got' bonds except as a hedge against the market falling the day after you retire and even then i...
by not4me
Sat Sep 29, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stock in a private company - howto sell
Replies: 13
Views: 1244

Re: Stock in a private company - howto sell

Since Op's MIL was executor for grandfather's estate, it sounds to me that the most likely situation is that the company needed to contact the grandfather & couldn't find him & so turned it over to state. Obviously, there is a wide variation in private companies & so with so little info, speculation...
by not4me
Sat Sep 29, 2018 1:34 pm
Forum: Personal Investments
Topic: Managed Future funds
Replies: 11
Views: 1176

Re: Managed Future funds

Won’t claim to have more knowledge, but had a few points for you to consider. It sounded to me that you are more comfortable understanding the strategy – whodidntante covered that well, but I’ll be a bit more explicit – than you are comfortable with recent implementations thru ETFs. You didn’t speci...
by not4me
Tue Sep 25, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: FIL bought land with 6 other people, and one passed away
Replies: 8
Views: 1696

Re: FIL bought land with 6 other people, and one passed away

I think there may be multiple missing pieces of info; but I'm also unclear as to what the problem is. Was the surviving spouse on the deed prior to the death or as a result of the death? Has the estate been closed in Colorado? The title of the thread says they bought land -- is it unimproved, raw la...
by not4me
Thu Aug 23, 2018 12:42 pm
Forum: Personal Investments
Topic: Variable Annuity- Alternative Investments
Replies: 11
Views: 720

Re: Variable Annuity- Alternative Investments

You would want to look up "private placement life insurance". Like self-directed IRAs, but not as flexible. If you are US based, all the big life insurance companies offer it. You will find a lot of "alternate investments" within a PPLI structure ... even Vanguard annuity portfolios! That being sai...
by not4me
Thu Aug 23, 2018 12:39 pm
Forum: Personal Investments
Topic: Best way to give land lots to parents?
Replies: 6
Views: 765

Re: Best way to give land lots to parents?

1st, thank you Gill for correcting me again (I'm pretty sure you've cleaned up my mistakes before!). Not as an excuse, but to drive home the point....I started out to say something that didn't come across. That is, there is no way to beat the tax man here. 2nd, as for quit claim vs warranty....A cou...