Search found 118 matches

by golfallday
Sun Feb 13, 2011 11:26 am
Forum: Personal Investments
Topic: 3 Fund Retirement Portfolio
Replies: 33
Views: 5308

Read Dr William Bernstein's, "The 4 Pillars of Investing". Your portfolio is his recommendation for any Regular Joe looking for the right mix. In Dr Bernstein's words, "Looks too simple? Get over it!" Well done. _________________________ Amateurs built Noah's Ark....experts built...
by golfallday
Fri Feb 11, 2011 9:03 am
Forum: Personal Investments
Topic: Opinions on my Asset Allocation
Replies: 7
Views: 1549

At first I was wondering why you weren't maxing your TSP. Now I see. The TSP I-Fund's bogey is the MSCI EAFE Index--international developed country mega-caps. You are using the Roth to complete your overall portfolio. I don't think you need VBR in the Roth. You can cover small caps adequately with t...
by golfallday
Fri Feb 11, 2011 8:36 am
Forum: Personal Investments
Topic: What was your first fund that you brought
Replies: 92
Views: 9273

The Putnam Voyager Fund at my first job in 1989. What a race car!! What a car crash!! 70% of the portfolio was in dot.com stocks in 1999 when it returned 57%. They wandered a bit from the prospectus. Of course the next 3 years were a disaster for the fund and the firm with the stock selection and in...
by golfallday
Thu Feb 10, 2011 7:03 pm
Forum: Investing - Theory, News & General
Topic: EGPT -- Egyptian ETF
Replies: 2
Views: 725

EGPT -- Egyptian ETF

Was watching Fast Money on CNBC this evening. They mentioned that this is, normally, a very lightly traded ETF with net assets of $25m. They also said one needs to be very cautious with EGPT because although the ETF is still trading, the Egyptian markets have been closed for a week. In the panel's w...
by golfallday
Fri Feb 04, 2011 6:57 am
Forum: Investing - Theory, News & General
Topic: Bogle, Bernstein, Schultheis, and 60/40
Replies: 58
Views: 10828

Bogle, Bernstein, Schultheis, and 60/40

Dr William Bernstein and Bill "The Coffeehouse Portfolio" Schultheis both feel a 60%/40% stocks/bonds ratio is the ideal mix. Mr Bogle, in his book, "Don't Count On It!" writes that an investor should buy Vanguard's Balanced Index and be done with it. Mr Bogle also states quite o...
by golfallday
Thu Feb 03, 2011 9:39 am
Forum: Personal Investments
Topic: T Rowe Price Roth funds finally sent to VG...Now what?
Replies: 2
Views: 1587

Thank you for the input.
by golfallday
Thu Feb 03, 2011 5:00 am
Forum: Personal Investments
Topic: New to Vanguard and have a couple of questions
Replies: 2
Views: 879

You are young enough where a conversion to a Roth for the $21k makes sense. 40-50 years (hopefully) of tax-free growth = WOW!! After all, you have funds in taxble acct to pay the tax hit. VWELX is indeed an outstanding fund that has proven itself thru the test of time...82 years! All depends on the ...
by golfallday
Thu Feb 03, 2011 4:40 am
Forum: Personal Investments
Topic: T Rowe Price Roth funds finally sent to VG...Now what?
Replies: 2
Views: 1587

T Rowe Price Roth funds finally sent to VG...Now what?

Shares I held at TRP in Roth IRA successfully transferred to my Roth Brokerage Acct at Vanguard. Do I have to sell those TRP fund shares myself or will sale automatically occur and fund the Roth Money Market "sweep acct" I was required to open at VG? Sorry for the bother, I'm sure this iss...
by golfallday
Thu Feb 03, 2011 4:26 am
Forum: Personal Investments
Topic: Complement to Target Retirement 2035 Fund?
Replies: 13
Views: 4290

I like to use VEXMX for small and mid cap exposure.
by golfallday
Wed Feb 02, 2011 2:16 pm
Forum: Personal Investments
Topic: Switching Jobs What to do with 401k?
Replies: 22
Views: 2971

Congratulations on the new job! I guess it depends what's offered by your new employer's DC plan; also, of course, if they'll allow you to transfer assets to the plan. I changed jobs 3 years ago. I previously had VASGX with my old job; my new job offered VIIIX (.02 ER) and VBTIX (.07 ER). No way I c...
by golfallday
Wed Feb 02, 2011 2:02 pm
Forum: Personal Investments
Topic: Where to invest $100-$400 a month?
Replies: 41
Views: 6958

Max 401(k) first; then devote as much as you can to Roth.
by golfallday
Wed Feb 02, 2011 1:50 pm
Forum: Personal Consumer Issues
Topic: Best Cookbook for Single Guy?
Replies: 62
Views: 12391

"The Best 30 Minute Recipe" cookbook from America's Test Kitchen/Cook's Illustrated.
by golfallday
Sun Jan 30, 2011 9:58 am
Forum: Personal Investments
Topic: Is the Vanguard STAR fund a good temporary holding place?
Replies: 22
Views: 5445

Autopilot Eric, Your plan using STAR is fine. I can't contribute to a Roth IRA; I contribute $2.5k to STAR in a Traditional IRA then convert that to the Roth where I hold VGSIX. (The other $2.5k goes to a Traditional IRA at Fidelity (FPURX) which is converted to a Roth there where I hold FSEMX.) Cou...
by golfallday
Sat Jan 29, 2011 6:10 pm
Forum: Personal Investments
Topic: Regarding rebalancing
Replies: 8
Views: 1142

Taxable accounts? Sure, don't throw $ in automatically every month into an asset class if your AA is becoming out-of-whack to the point you need to sell assets in taxable accounts. Tax sheltered? I could care less; I rebalance once at the end of the year. My monthly contributions to 457 and IRA are ...
by golfallday
Sat Jan 29, 2011 5:10 pm
Forum: Personal Investments
Topic: First Time in the Market! Would love Roth IRA AA feedback
Replies: 17
Views: 1938

sugarland,

Welcome to the forum! Also, congratulations on an excellent AA for your age. You don't need any bonds for 10 years or so...just my thoughts. Max your Roth every year, then switch out to a target date in 8-10 years.

Good luck, and good investing.
by golfallday
Sat Jan 29, 2011 12:08 pm
Forum: Personal Investments
Topic: Target Date Retirement funds: Features or Flaws?
Replies: 16
Views: 2558

TRP's retirement line up is extremely aggressive. I also think expensive. The hyper-diversification TRP employs in these funds basically lands you in what you would get in a Global Index Fund. I never understood why TRP's Retirement Funds 2020-2035 had around 20% allocations to their Growth Fund as ...
by golfallday
Thu Jan 27, 2011 1:14 pm
Forum: Investing - Theory, News & General
Topic: Are 457 plans really "the worst"?
Replies: 28
Views: 22091

Thanks for the input everybody. Very helpful.
by golfallday
Thu Jan 27, 2011 10:00 am
Forum: Investing - Theory, News & General
Topic: Are 457 plans really "the worst"?
Replies: 28
Views: 22091

Are 457 plans really "the worst"?

In the preface (p. xvi) to "The Investor's Manifesto", Dr William Bernstein writes that 457 plans are the worst amongst the various deferred comp plans in the Tax Code.
What makes 457s so bad?
by golfallday
Fri Jan 21, 2011 11:27 am
Forum: Investing - Theory, News & General
Topic: International % ?
Replies: 31
Views: 5124

Been reading everything I can about Mr Bogle. Also, reading wonderfully crafted thoughts on investing in this forum. I am absolutely convinced that the SP500 Index or Total US Stock Index gives any Regular Joe all the international equity exposure needed in a portfolio...with less expense. 40% VIIIX...
by golfallday
Thu Jan 20, 2011 7:37 am
Forum: Personal Investments
Topic: FSEMX minimums
Replies: 1
Views: 793

FSEMX minimums

Rather embarassed to post this. Time breeds complacency. I have just over $40k in PEXMX in a Roth IRA at T Rowe Price. I am going to move it to Fidelity's FSEMX fund. I understand FSEMX has a $10k initial minimum investment. Are subsequent investments also subject to this $10k minimum? Hoping some F...
by golfallday
Sun Jan 16, 2011 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Tax Deductible?
Replies: 1
Views: 1206

Tax Deductible?

Are annual membership dues paid to the United States Golf Association (USGA) tax deductible?
by golfallday
Sat Jan 08, 2011 9:00 pm
Forum: Investing - Theory, News & General
Topic: The Motley Fool...What's happened?!?
Replies: 12
Views: 6397

The Motley Fool...What's happened?!?

I remember when The Fool's mantra was, "Don't waste your time trying to beat the market; buy index funds...it's the Foolish way to invest." The Motley Fool was a very entertaining and informative resource...I felt. Today? You can't enter the website without teasers on the hottest sector YO...
by golfallday
Thu Jan 06, 2011 4:30 pm
Forum: Investing - Theory, News & General
Topic: 2010 results for Kynikos hedge fund?
Replies: 1
Views: 533

2010 results for Kynikos hedge fund?

Indexing worked brilliantly in 2010. My star was VEXMX...WOW! Anyway, I still like to watch CNBC and Bloomberg, and I recall Jim Chanos being extremely bearish and short on China and Ford Motor Co throughout the year. Any info how his Kynikos fund did in 2010? There's no website.
by golfallday
Thu Oct 28, 2010 10:18 am
Forum: Personal Investments
Topic: IRS Announces 2011 401(k) limits
Replies: 4
Views: 3069

IRS Announces 2011 401(k) limits

2011 max contribution 401(k) 403(b) 457(b) and Gov't THRIFT remains at $16.5k. Catch-up limit remains at $5.5k as well.

No word on IRA limits yet.
by golfallday
Sun Oct 24, 2010 10:15 am
Forum: Personal Investments
Topic: 2011 IRAs and 401(k)s
Replies: 5
Views: 1120

2011 IRAs and 401(k)s

Does anyone know when the IRS will announce what the contribution limits will be for 2011?

Social Security recipients recently did not get a COLA due to some metric associated with inflation rates. Does this mean an increase in contribution limits is unlikely for IRAs and 401(k)s?
by golfallday
Sat Oct 23, 2010 11:46 am
Forum: Personal Investments
Topic: Diversification
Replies: 9
Views: 1833

This year, so far, you are seeing the benefits of diversification and non-correlation of different asset classes. Large-Cap US Equity SPY: +6% YTD US Mid-Cap Equity MDY : +12% YTD US Small-Cap IWM: +11% YTD Int'l Large-Cap Developed ex-N.A. EFA: +3% YTD Emerging Market Equity VWO: +14% YTD US Total ...
by golfallday
Sat Jun 12, 2010 7:52 pm
Forum: Personal Investments
Topic: New Job; 457 offerings
Replies: 2
Views: 1975

Thank you jcompton. Yes, I can transfer from my previous job; and I will do that. These ERs are a great deal.
by golfallday
Sat Jun 12, 2010 9:17 am
Forum: Personal Investments
Topic: New Job; 457 offerings
Replies: 2
Views: 1975

New Job; 457 offerings

New job that should have a very good pension down the road. The 457 plan is administered by T Rowe Price. All of TRPs Retirement Funds are offered. Only 2 index funds are offered: VIIIX and VBTIX. Not pleased with the other managed choices. The mid/small choices are CAAPX and NOSGX. Both are expensi...
by golfallday
Thu Feb 25, 2010 1:06 pm
Forum: Personal Investments
Topic: Can we give my mom some advice?
Replies: 22
Views: 3520

Vanguard Lifestrategy Income fund? T Rowe Price's Spectrum Income fund? The TRP fund allows check writing for the account.
by golfallday
Tue Feb 23, 2010 4:02 pm
Forum: Personal Investments
Topic: What's safer - CD or Treasury Bond?
Replies: 87
Views: 11521

There is no law that has bestowed Full Faith and Credit to deposits FDIC insurance cannot pay. Ms Bair has been beating the FF&C drum for over a year beacause she needed lots and lots of cash in a distressed banking system. Ms Bair has unilaterally given FF&C to FDIC deposits by way of the F...
by golfallday
Tue Feb 23, 2010 3:13 pm
Forum: Personal Investments
Topic: What's safer - CD or Treasury Bond?
Replies: 87
Views: 11521

US Treasuries are backed by The Full Faith and Credit of the US Government. CD's are not; you're relying in large part on the balance sheet of the bank you bought the instrument from. With smaller banks tanking every weekend, that's far from a sure bet.
by golfallday
Tue Feb 23, 2010 2:58 pm
Forum: Personal Investments
Topic: Young investor- investing roth IRA?
Replies: 6
Views: 2284

Careful with Sharebuilder. They charge transaction fees on all purchases of individual stock; make sure they don't stick you with the $4 charge every time you buy into your fund. TRP has an Automatic Asset Builder program that allows you to make mutual fund purchases for $50/month. Of course, they a...
by golfallday
Tue Feb 23, 2010 2:48 pm
Forum: Personal Investments
Topic: Virgin Boglehead Here - Portfolio Questions???
Replies: 6
Views: 1647

As long as you are confident that pension will be there I don't see a problem with a hyper-aggressive stock portfolio for the next 5 years or so.
by golfallday
Tue Feb 23, 2010 12:59 pm
Forum: Personal Investments
Topic: How Much Cash to Have Available?
Replies: 33
Views: 5864

One year gross salary.
by golfallday
Tue Feb 23, 2010 10:03 am
Forum: Personal Investments
Topic: Am I missing something here?
Replies: 18
Views: 3546

Charles Schwab believes 3-4 index funds is all any investor will ever need. I read an article in MSN Money where an article touted a 2 fund strategy--Total World Index and Total Bond Index. Wall Street noise makes people chase. Today, if you don't have a commodity fund, an energy fund, a gold fund, ...
by golfallday
Mon Feb 22, 2010 10:13 am
Forum: Personal Investments
Topic: Seeking a little portfolio advice
Replies: 6
Views: 1347

Sounds like this money will be going into a taxable account. You'll want to put in in tax-efficient vehicles that don't spit out dividends or other taxable events. Most likely you'll be looking at index mutual funds; of course, this would be contrary to your risk tolerance. In addition to this $400k...
by golfallday
Mon Feb 22, 2010 10:02 am
Forum: Personal Investments
Topic: Want to leave Star Fund. Need advice.
Replies: 16
Views: 3196

You could do MUCH worse than VGSTX. It's balanced, diversified, set-it-and-forget-it investing. Leave it alone. If you want to add emerging markets go ahead; just have an asset allocation in mind.
by golfallday
Fri Feb 19, 2010 12:55 pm
Forum: Personal Investments
Topic: Another portfolio advice request - 29yo
Replies: 11
Views: 2445

You need a new financial advisor. The funds in your taxable account have very high turnover rates which translate to taxable eevnts for you. Also, you have funds that spit out income and a bond fund in a taxable account. Income generating funds should only be in tax advantaged accounts. CFACX rates ...
by golfallday
Thu Feb 18, 2010 1:01 pm
Forum: Personal Investments
Topic: 8% CD!
Replies: 18
Views: 5474

If it sounds too good to be true.....it's probably illegal.
by golfallday
Wed Feb 17, 2010 10:02 am
Forum: Personal Investments
Topic: tax consequences of DCAing?
Replies: 7
Views: 1333

In a taxable account you certainly will have to keep records of when you purchase a stock or fund as this is your cost basis in the asset. As long as you invest in a fund with super low turnover such as SP500 or Total Market Index you will have little tax consequence year to year. Of course, when/if...
by golfallday
Wed Feb 17, 2010 8:26 am
Forum: Personal Investments
Topic: Does this 4-fund portfolio provide enough diversification?
Replies: 18
Views: 3897

Throw in Exteneded Market Index to get Mid/Small Cap exposure.
by golfallday
Tue Feb 16, 2010 1:58 pm
Forum: Personal Investments
Topic: TurboTax
Replies: 60
Views: 15682

Turbo Tax cannot import from ING Sharebuilder. Sharebuilder's assurance that you can do this while shilling Turbo Tax is just wrong. You always get a prompt to contact a customer service rep at Sharebuilder's clearing house. Very aggravating.
by golfallday
Tue Feb 16, 2010 1:34 pm
Forum: Personal Investments
Topic: ROTH AA for (believe it or not) a 1,1/2 year-old
Replies: 13
Views: 2435

I really like your dividend play idea. Vanguard's VDAIX sounds like it would be right in your wheelhouse. It has all the mega-cap-dividend- payers you mention. Of course, in about 40 years you'll need to rebalance and buy into a bond fund. What a great idea! Congrats.
by golfallday
Mon Jan 11, 2010 1:29 pm
Forum: Personal Investments
Topic: Sorry to be a pest about this – 2010 ROTH advice needed
Replies: 4
Views: 1190

Vanguard Lifestrategy Moderate?
by golfallday
Wed Oct 21, 2009 6:40 am
Forum: Personal Investments
Topic: If you were 25 again...
Replies: 36
Views: 5514

I dumped $10k of Walgreens to add to my $10k investment in Motorola. OUCH!!!!!! It still hurts after 30 years.
by golfallday
Wed Oct 21, 2009 6:35 am
Forum: Personal Investments
Topic: Am I doing the best I can given my 401k plan?
Replies: 8
Views: 1812

Those ERs are high. Surprised they don't offer Fidelity's super low ER SP500 Index. You need to speak to the entity that manages your company's 401(k) about whether you are getting stuck with the front loads. (You get quarterly statements from them).
by golfallday
Tue Oct 20, 2009 3:02 pm
Forum: Personal Investments
Topic: New investor portfolio review request
Replies: 19
Views: 2547

No need for VBMFX in your IRAs. VTIVX is a target date fund that has a bond/fixed income/cash component that will automatically increase as you get older. Target-date funds are one-stop-shopping. No need for another fund if you go the target-date route. Just cash out VBMFX, and fund a Tradtional IRA...
by golfallday
Tue Oct 20, 2009 2:48 pm
Forum: Personal Investments
Topic: 50/50 Stock/Bond vs. Harry Browne Permanent Portfolio?
Replies: 207
Views: 40326

Neither option makes any sense in a taxable account. Way too much turnover with the foreign developed value/small value/foreign small cap allocation for the equity balance. You could see turnovers >100% here. Bond funds have no place in a taxable account. I see only 2 funds for a taxable account. Va...
by golfallday
Tue Oct 20, 2009 2:16 pm
Forum: Personal Investments
Topic: New investor portfolio review request
Replies: 19
Views: 2547

FFFLX has a huge front load. If you are required to pay that in your 401(k), get out of it. You are young enough to be 100% equities in your 401(k). JPM's index is the least expensive option here. Forget PTRRX for 6 years or so, and then maybe 10%. Get rid of the bond fund in your taxable account. B...
by golfallday
Wed Jul 22, 2009 3:25 pm
Forum: Personal Investments
Topic: Converting Vanguard Total Stock Market to Admiral Shares
Replies: 13
Views: 5162

I LOVE Ford!!!!!