Search found 118 matches

by golfallday
Wed Jul 15, 2009 2:57 pm
Forum: Personal Investments
Topic: Help for a novice investor (and future Boglehead?)
Replies: 7
Views: 1582

You are young enough to be 100% in equities. For now, put it all in the S&P500 Index. You could put a chunk in the EAFE Index; however, many contributors to this website have convinced me that the S&P500 Index has a substantial international footprint. The default investment bond allocation ...
by golfallday
Wed Jul 15, 2009 2:41 pm
Forum: Personal Investments
Topic: What should I invest in?
Replies: 12
Views: 2905

Payoff the $2k school debt!!
by golfallday
Fri Jul 03, 2009 9:35 am
Forum: Personal Investments
Topic: Motley Fool's new mutual fund
Replies: 38
Views: 11004

Wow, 1.35% ER?!?

Fool's website re Mutual Funds recognizes indexing is "the foolish" way to invest.

Absolute hypocrisy.
by golfallday
Fri Jul 03, 2009 9:29 am
Forum: Personal Investments
Topic: Young investor in need of guidance
Replies: 12
Views: 2177

Apple, I need to correct something. If you choose to rollover your 401k to an IRA, you need to rollover to a Traditional IRA and then convert to a Roth. It involves a sale of assets which will have a tax consequence. You cannot directly rollover to a Roth. Mutual fund companies have specialists in t...
by golfallday
Wed Jul 01, 2009 1:50 pm
Forum: Personal Investments
Topic: Young investor in need of guidance
Replies: 12
Views: 2177

Very sorry to hear of your misfortune at work. I hope you land a job soon. Cash out your taxable brokerage account. You'll need that cash until you find a job. I would not cash out any retirement accounts until I was literally backed into a corner. Those accounts will grow to astonishing sums in the...
by golfallday
Wed Jul 01, 2009 1:11 pm
Forum: Personal Investments
Topic: Schwabb lowest fee index-can I still be boglehead
Replies: 16
Views: 3151

I was investing in Schwab's Markettrack All Equity fund (SWEGX) in a taxable account. I transferred those funds to the Schwab Total Market Index fund. Much lower ER. Only .09. Beware of Schwab's Small Cap Index fund. It has a turnover >60%!! Quite ridiculous for an index fund. They really need to re...
by golfallday
Fri Jun 05, 2009 2:08 pm
Forum: Personal Investments
Topic: Schwab Gets It! ....I think.
Replies: 3
Views: 1277

Schwab Gets It! ....I think.

Charles Schwab has reduced the expense ratios on its equity index funds. S&P500 Index and Total Market Index have .09% ERs; moreover, Schwab's Small Cap Index and International Index now have .19% ERs. This sounds great. Unfortunately, I'm skeptical. Why the sudden generosity? Am I missing somet...
by golfallday
Thu Feb 26, 2009 4:29 pm
Forum: Personal Investments
Topic: Glass half-full or naive
Replies: 35
Views: 6466

The glass is half full!!! The SP500 is comprised of brilliantly run companies. Companies that are dedicated to serving the needs of consumers as well as the common good of humanity. Think about it. Microsoft will always try to build a better mousetrap. That sense of industry and imagination and duty...
by golfallday
Thu Feb 26, 2009 4:09 pm
Forum: Personal Investments
Topic: 401k Lifecycle
Replies: 16
Views: 3833

Where retirement is only a year away, I'm thinking 40% Total US Stock Index; 10% Total Int'l Stock Index; 50% Total Bond Index.
by golfallday
Fri Feb 20, 2009 1:50 pm
Forum: Personal Investments
Topic: End of my rope
Replies: 65
Views: 12306

Jeez, if it's causing you health problems, rebalance immediately to a comfort zone. I have 20+ years to retirement; as such: Roth and Traditional IRAs=TRP 2035 Target Date 457 plan: 40% Vanguard Insitutional Index 20% Columbia Acorn Growth 20% Janus Advisor International Growth 20% Vanguard Total Bo...
by golfallday
Thu Feb 19, 2009 9:41 am
Forum: Investing - Theory, News & General
Topic: why s&p in not falling below 700
Replies: 33
Views: 7963

The S&P500 could very well fall below 700 soon. Several mega hedge funds, including Citadel, have suspended redemptions until the Spring. Unless they've made a pile of cash in the last 3 months, they will be selling positions to satisfy unhappy investors who want their iron back. When the hedgie...
by golfallday
Wed Feb 18, 2009 4:38 pm
Forum: Investing - Theory, News & General
Topic: Why Didn't Diversification Work In 2008?
Replies: 24
Views: 4601

Why Didn't Diversification Work In 2008?

In preparing my taxes, I looked at my IRA balances. I'm invested in TRP Target 2035 funds. Diversification--in TRP's case, hyper-diversification--did little to soften the blow. I understand that this is not a guarantee against loss; but, traditionally non-correlative asset classes got crushed across...
by golfallday
Wed Feb 18, 2009 10:54 am
Forum: Personal Investments
Topic: Anyone dollar cost averaging in this market?
Replies: 59
Views: 10435

I DCA in my IRA, and my taxable account. Of course, I DCA into my 457. With regard to the taxable account, a retired trader gave me this simple advice: after maxing your retirement accounts, throw 10% of your take home pay into an SP500 Index or a Total U.S. Market Index fund. The exception is when ...
by golfallday
Tue Feb 17, 2009 11:24 am
Forum: Personal Investments
Topic: TRP's Target Date Funds
Replies: 3
Views: 1568

TRP's Target Date Funds

I have a T Rowe Price Target date fund for my Roth and Traditional IRA. I noticed that the 3 largest weighting are approx 20% TRP Growth Fund, then just under 20% Value Fund, then they throw 15% S&P 500 into the mix. Why the overlap? I mean, the hyper-diversification of these funds comes with a ...
by golfallday
Mon Feb 16, 2009 10:09 am
Forum: Personal Investments
Topic: Taxes on IRA Conversion To Roth IRA In 2010
Replies: 4
Views: 1591

Taxes on IRA Conversion To Roth IRA In 2010

I understand the Tax Code is a very fluid instrument. I'm sure Rep Pelosi and Sen Reid have all sorts of surprises for us. As of now, what are the tax consequences of the conversion from a Traditional to a Roth in 2010? Is the distribution of assets before the conversion a taxable event? I suspect i...
by golfallday
Sun Feb 15, 2009 10:13 am
Forum: Personal Investments
Topic: SWEGX??
Replies: 4
Views: 1674

Thanks for the input everyone. SWEGX's .80 expense ratio does seem very steep when you consider it's just 3 index funds. I might go with Vanguard's World Index. We'll see. Thanks again.
by golfallday
Sun Feb 15, 2009 8:46 am
Forum: Personal Investments
Topic: SWEGX??
Replies: 4
Views: 1674

SWEGX??

I max out my 457 and IRA, and I'm blessed to have a few hundred around at month's end to put in my taxable account at Schwab. I throw it into SWEGX (a fund of funds: 45% S&P 500, 30% EAFE Index, and 25% Small/Mid Index). It has a .80 expense ratio. Any thoughts on this fund? Would I be better of...
by golfallday
Sat Feb 14, 2009 4:01 am
Forum: Investing - Theory, News & General
Topic: Cramer's book, "Mad For Life"
Replies: 23
Views: 4291

Cramer's book, "Mad For Life"

I just finished Cramer's book "Mad for Life". He makes mutual fund recommendations to be used in 401(k)s based on managers he considers great stock pickers. He loathes Target Date retirement funds. Many plans won't have the funds he likes. Cramer says if that's the case, you only need 2 fu...