Search found 263 matches

by winterescape
Mon Oct 01, 2007 8:34 am
Forum: Personal Investments
Topic: defined benefit plan
Replies: 6
Views: 1780

A lot of folks like to factor a defined benefit plan into there asset allocation plan using “phantom assets.” The generally accepted method for doing this is to take your income stream, calculate the fixed asset required to generate it, and move that asset into your asset allocation calculation. Let...
by winterescape
Sun Sep 30, 2007 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: OT: High Definition TV
Replies: 44
Views: 14191

HDTV

Plasmas--Consumer Reports Panasonic at the top in all sizes. The magazine earlier refers to Panasonic as producing "Top plasmas, great LCDs." We purchased a Panasonic plasma 42" and are very pleased with it. We considered LCD but liked the picture on the Panasonic plasma better. Also, after having ...
by winterescape
Fri Sep 28, 2007 8:42 pm
Forum: Investing - Theory, News & General
Topic: A Message from Mr. Bogle
Replies: 20
Views: 7130

BUMP remember to set the VCR...
Just moving this post near the top as a reminder...
by winterescape
Thu Sep 27, 2007 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Trip insurance for a cruise--good idea?
Replies: 18
Views: 5841

Some years back my parents planed a vacation and purchased trip insurance. My mother became ill and they did not travel. The insurance company argued about the fact that my father could have traveled so no reimbursement for him, and my mother was only reimbursed for what was forfeited as a deposit m...
by winterescape
Wed Sep 26, 2007 9:19 pm
Forum: Personal Investments
Topic: Portfolio Asset Allocation for New Boglehead
Replies: 8
Views: 2455

Rob,
Thanks for serving our country. It sounds like you are on a great path financially and have learned fairly early in your investing life about avoiding high cost funds. Tim gave you great advice.
by winterescape
Wed Sep 19, 2007 11:21 am
Forum: Investing - Theory, News & General
Topic: Red flags for Registered Investment Advisors ?
Replies: 89
Views: 23452

That 1% number gets thrown around a lot and easily overlooked by many because it sounds so low. Heck I pay 8% sales tax or I tip waitress 20% so 1% sounds like a real bargain! But as others point to if the advisor was to say “I will take 20% of you real return” (8% return from a balanced investment ...
by winterescape
Wed Sep 19, 2007 11:01 am
Forum: Investing - Theory, News & General
Topic: Index Funds Vs. Index ETFs
Replies: 7
Views: 2086

I would also recommend you consider VTI or a total market fund. VTI has extremely low ER and extremely low cap gains distributions. All dividend distributions are qualified dividends. It is a very good choice for equity holdings in a taxable account.
by winterescape
Tue Sep 18, 2007 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: where to vacation in a warm climate this winter break
Replies: 24
Views: 8562

I am surprised no one has yet suggested a cruise. Lots of adventure or lots of relaxation, take your pick. A different port to explore every day. Check out a RCCI western or eastern Caribbean cruise..
by winterescape
Sat Sep 15, 2007 5:06 pm
Forum: Personal Investments
Topic: Work overtime and ignore the Roth?
Replies: 18
Views: 6124

It is great you are earning that much and that you are considering the ROTH. You have received some outstanding advice so far. I would mention one other thing, which I have not seen here yet. You can always contribute to a ROTH up till tax day. So work the hours, do your taxes, and see if you qualif...
by winterescape
Mon Sep 10, 2007 1:25 pm
Forum: Personal Investments
Topic: AA question for 40 year old.
Replies: 14
Views: 3178

Re: Why exchange tax-efficient funds?

Make no more contributions and do not reinvest dividends. Simply open a new TSM fund with your new contributions. One way to start to shift things is to take the dividends and distributions paid out from the funds on your after-tax accounts and put them into the new funds. You are taxed on these ea...
by winterescape
Sun Sep 09, 2007 7:21 pm
Forum: Personal Investments
Topic: Roth Contribution when ineligible for Roth?
Replies: 5
Views: 2014

If you are above the income limits for the ROTH you can pull the money back out. Not a big deal, just extra paperwork at tax time. You will owe tax on the profit made on the contribution you were not eligible to make. Remember to review your income adjustments. If you contribute more to your 401K yo...
by winterescape
Fri Aug 24, 2007 9:56 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses online
Replies: 32
Views: 14011

I will also recommend Zenni. We have ordered from them and been very pleased with the product as well as the price.

Addressing the question raised about adjustment, they fit fine when they arrived, but any mall store that sells glasses or wal-mart will adjust them for you..

http://zennioptical.com
by winterescape
Thu Aug 23, 2007 10:08 pm
Forum: Investing - Theory, News & General
Topic: Flagship Status
Replies: 11
Views: 4013

Re: Note to Springman

Note to Springman, I spoke to a Flagship advisor today , about my in-laws. He said, as you eluded to, that the family members must be " under the same roof ". best Doug I think if you search the boards you will find many examples of Flagship being granted to siblings, parents, and adult children li...
by winterescape
Thu Aug 23, 2007 9:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard, will it be around long term?
Replies: 38
Views: 10811

" Your interests are the only interests we serve Most investment firms are either publicly traded or privately owned. Vanguard is different: We’re client-owned. Helping our investors achieve their goals is literally our sole reason for existence. With no other parties to answer to and therefore no c...
by winterescape
Wed Aug 01, 2007 10:15 am
Forum: Personal Investments
Topic: hidden fees in my 401(k)?
Replies: 4
Views: 1874

I have a similar problem with my current employer. Our 401K is administered by a large insurance company and is an annuity. Our quarterly updates have two return tables with each investment option available in the plan listed in each. The one table is labeled “non standardized fund level returns, do...
by winterescape
Thu Jul 26, 2007 10:10 am
Forum: Personal Investments
Topic: Term Life Insurance - How much?
Replies: 22
Views: 5738

I have decided that zero times my annual salary is the appropriate level. First, my employer provides about 2 times my salary as a benefit. Second, my wife has a secure job and she earns roughly 1/3 of the family income. Third, we live well below our means and spend roughly 1/2 of what we earn and ...
by winterescape
Thu Jul 26, 2007 9:28 am
Forum: Personal Investments
Topic: Money Market Funds
Replies: 3
Views: 1535

I think you want to compare NY tax exempt with PRIME using this calculator...

http://www.tiaa-cref.org/performance/mu ... index.html
by winterescape
Wed Jul 25, 2007 3:24 pm
Forum: Personal Investments
Topic: Term Life Insurance - How much?
Replies: 22
Views: 5738

When considering term insurance amounts consider the following Employer insurance (sounds like you have) Social security (grab the green and black print out they send you every year) Also, Insurance payments are tax free So… Why are you purchasing insurance? In your case it sounds like it is to rais...
by winterescape
Tue Jul 24, 2007 9:37 am
Forum: Personal Investments
Topic: asset allocation evaluation
Replies: 8
Views: 2413

Re: asset allocation evaluation

I like the tr 2030 but can I do better? You will only know the answer to this question in 25 years or so. You have thought this through and have presented four excellent options all of which should outperform the majority of other investors. The TR2030 will shift the asset allocation on its own, ho...
by winterescape
Tue Jul 24, 2007 8:38 am
Forum: Personal Investments
Topic: Vang TR vs. DIY TR fund
Replies: 4
Views: 1340

From your note I think you have considered the advantages and disadvantages of each option. With the TR funds you get diversification, low costs, and auto asset allocation adjustments all in one fund. With the “do it yourself” approach you can get even lower costs, select the target asset allocation...
by winterescape
Mon Jul 23, 2007 9:18 am
Forum: Personal Investments
Topic: Long Term Care Insurance
Replies: 6
Views: 2225

I can’t directly answer your question but have you read the Consumer reports article on long-term care policies? http://www.consumerreports.org/cro/personal-finance/longterm-care-insurance-1103/overview/index.htm Or the WSJ article by J. Clements? WSJ.com - How Much Insurance Is Needed To Help Cover...
by winterescape
Sun Jul 22, 2007 12:01 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Index vs GNMA
Replies: 19
Views: 5236

I don't understand why anyone would consider any bond fund (including GNMA) given that you can get a similar or higher yield by simply putting your money into the Vanguard Prime Money Market fund. I realize that this hasn't always been the situation. But, why deal with fluctuating NAV if you don't ...
by winterescape
Sun Jul 22, 2007 10:32 am
Forum: Investing - Theory, News & General
Topic: Guess who wrote me :Mr J, Bogle!
Replies: 5
Views: 2039

I was fortunate enough to see John speak last fall. He is an amazing speaker! An audience member commented to him afterwards that he had written him and was pleasantly surprised to get a personal response, not a form letter or such. He responded that he always responds to mail and the day when you d...
by winterescape
Sun Jul 22, 2007 10:23 am
Forum: Investing - Theory, News & General
Topic: Total Bond Index vs GNMA
Replies: 19
Views: 5236

Total Bond market or GNMA's? The Total Bond market would give you mortgage-backed*, corporate and treasury bonds. Why limit yourself to only GNMA's? Bob *ignoring for the moment the whole negative convexity argument against MBS in general Many prefer the Vanguard GNMA fund to the total bond index f...
by winterescape
Sun Jul 22, 2007 10:14 am
Forum: Personal Investments
Topic: Target Fund 100%?
Replies: 11
Views: 3841

Winterscape, TRowe Pice doesn't add fees on top of their target retirement funds. Gort Good find, I just checked the prospectus and you are correct the underlying funds pay the Target funds expenses. However, the expense ratio of the T.Rowe product is more than 3X higher than the same target date f...
by winterescape
Sat Jul 21, 2007 10:40 pm
Forum: Personal Investments
Topic: Target Fund 100%?
Replies: 11
Views: 3841

I like the target retirement funds. The quirk in the ER reporting, at Yahoo and other sites, is due to the fact that the TR funds do have a 0% ER they only pass through the underling expenses of the holdings, as some have pointed out this works out to be about 0.2%. If you check VG STAR, VGTSX, it s...
by winterescape
Fri Jul 20, 2007 3:48 pm
Forum: Personal Investments
Topic: Stable Value Funds ?
Replies: 9
Views: 2711

Re: 50/50 Stable Value/PIMCO fund is the least worst option

Adrian Nenu wrote:you lose the ability to use the stable value fund to rebalance
I use my stable fund for rebalancing. Not sure if you are implying trading restrictions or the lack of NAV appreciation when interest rates fall.
by winterescape
Fri Jul 20, 2007 3:22 pm
Forum: Personal Investments
Topic: Stable Value Funds ?
Replies: 9
Views: 2711

Re: Stable Value Funds ?

My 401k offers a stable value fund at low cost. The bonds it invests in seem to be suitably highly rated. Would it make sense to invest some of my bond allocation in this fund? I am currently splitting the bond allocation 50/50 between intermediated Treasuries and a TIPS fund. I'm not sure how to e...
by winterescape
Thu Jul 19, 2007 1:29 pm
Forum: Investing - Theory, News & General
Topic: Indexed Universal Life Insurance as Investment
Replies: 22
Views: 11201

Re: Indexed Universal Life Insurance as Investment

The only reason an investor has to ponder his future tax rates is in deciding whether to use a tax-deferred account (think 401k) or a tax-free account (such as a Roth.) EmergDoc, Great post and very detailed response, thanks for spending the time to debunk the expensive mistake of Life insurance as...
by winterescape
Mon Jul 09, 2007 5:03 pm
Forum: Investing - Theory, News & General
Topic: Those Dang Minimums
Replies: 20
Views: 5030

Re: Those Dang Minimums

ryan wrote:Do you think it is better to funnel money into the MM and wait until we get the minimums for the TR accounts? Or should we start a roth in VG STAR account ($1000 minimum) and then transfer over to the TR account when we get the required minimum?
I vote to start with STAR
by winterescape
Sun Jul 08, 2007 10:00 am
Forum: Investing - Theory, News & General
Topic: . Investment adviser ARTICLES required
Replies: 9
Views: 3746

Re: _____________________Investment adviser ARTICLES requ

660ky612 wrote:Where can I find more such articles? Any suggestions? 660ky612 from Hong Kong
Have you seen this story about "the study of the decade"?

http://advisor.morningstar.com/articles ... docId=4482
by winterescape
Thu Jul 05, 2007 8:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard Financial Plan Oddity
Replies: 14
Views: 4987

It's important to remember that Vanguard's plans are a tremendous improvement over the thinking of the typical investor. Because the level of financial discourse on this forum is extremely high, we find fault with these plans, but they're really much better than what the average Joe would come up w...
by winterescape
Wed Jul 04, 2007 5:56 pm
Forum: Personal Investments
Topic: Is this a decent bond fund?
Replies: 4
Views: 1588

You might consider instead one of Vanguard's short or intermediate term bond funds, as they're a bit cheaper. I would tend to have stressed a lot cheaper . The Vanguard Expense ratio is less than half at 0.18% for VBIIX. I would only consider the Fidelity offering if my hands were tied for some rea...
by winterescape
Wed Jul 04, 2007 5:24 pm
Forum: Investing - Theory, News & General
Topic: Stable value Funds/ synthetic GIC
Replies: 21
Views: 5100

Re: GIC, Stable Value revisited...

[If someone else can help explain Adrian's information and chime in it would be appreciated. Thank you. I will give it a shot.. dbr, I tend to agree with your interpretation of the information Adrian is providing but I would ask that he personally clarify his message. I do not want anyone to overlo...
by winterescape
Wed Jul 04, 2007 11:34 am
Forum: Investing - Theory, News & General
Topic: Stable value Funds/ synthetic GIC
Replies: 21
Views: 5100

On the topic of safety... I cannot speak to your stable value fund in specific but in general the funds of a 401K cannot be raided for a company bankruptcy. The stable value fund available to me in an old 401K has insurance wrappers around the underling investments, corporate bonds, that guarantees ...
by winterescape
Wed Jul 04, 2007 11:13 am
Forum: Investing - Theory, News & General
Topic: Stable value Funds/ synthetic GIC
Replies: 21
Views: 5100

this thread I posted some time back may be some help to you...

http://www.diehards.org/forum/viewtopic.php?t=2410
by winterescape
Tue Jul 03, 2007 8:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard Financial Plan Oddity
Replies: 14
Views: 4987

I too have used Vanguard financial planning as a tool to get another opinion on my investment strategy. I used the input to make some minor adjustments but find the advice posted on this forum to be much more helpful. After you get your plan they usually schedule a phone call to go over the plan and...
by winterescape
Sat Jun 30, 2007 1:57 pm
Forum: Personal Investments
Topic: Asset Allocation- Please Help
Replies: 10
Views: 2737

The inheritance is a combination of taxable and tax deferred money, i.e. inherited IRA. I tend to agree with you guys and will suggest that they have some exposure to equities and consider a balanced approach 50/50. Vinny, I like the direction you are taking suggesting 50/50. From what you have tol...
by winterescape
Wed Jun 27, 2007 8:45 pm
Forum: Personal Investments
Topic: Suggestions Please
Replies: 16
Views: 4427

Chris,
Laura has provided you with excellent advice. I can add nothing to it except to say that you should be commended for realizing that there is a much better option than paying the high expenses and suffering the poor performance with Ameriprise. You are on a great path…
by winterescape
Tue Jun 26, 2007 1:48 pm
Forum: Personal Investments
Topic: Thoughts on Sharebuilder?
Replies: 16
Views: 4283

Re: zecco

It's hard for me to tell where fees might be additive, though. from the "about us page" " How do you make money then? We make money from the interest on margin balances. It’s a small amount, about 3%, but on a large volume of customers it becomes a tidy sum. Secondly, we do charge commission for pr...
by winterescape
Tue Jun 26, 2007 1:04 pm
Forum: Personal Investments
Topic: Thoughts on Sharebuilder?
Replies: 16
Views: 4283

I have seen favorable mention on these forums of http://www.zecco.com which has $0 cost for stock trades both ways, although I personally use vanguard.
by winterescape
Tue Jun 26, 2007 10:32 am
Forum: Personal Investments
Topic: Keep 8 year old car or trade in for new one?
Replies: 77
Views: 25521

I wish this could be reduced to an algebraic problem with a simple solution. But there are so many factors to consider. Cost, Safety, Need, Emotional factors, Irrational Factors, and if caring for parents long distance, reliability. And all the while marketing is telling us to throw caution to the ...
by winterescape
Tue Jun 26, 2007 9:46 am
Forum: Personal Investments
Topic: Student Loans VS Keep Contributing
Replies: 16
Views: 4492

I see no advantage in paying off a low-rate loan. Plus the interest is tax deductible. I vote to keep investing and pay the loans on time but not in advance. The Math Student loan interest is tax deductible Inflation is running at 2.7% (CPI May 2006-May 2007) So take your 5.35% subtract 2.7% for in...
by winterescape
Tue Jun 26, 2007 9:15 am
Forum: Investing - Theory, News & General
Topic: Ameriprise Financial Advisor or The Garrett Planning Network
Replies: 35
Views: 14841

Another vote to RUN, don’t walk, away from Ameriprise. They are land sharks. See http://www.ameriprisesuck.com/ for more comments

Can’t comment on Garrett…
by winterescape
Fri Jun 22, 2007 1:35 pm
Forum: Investing - Theory, News & General
Topic: Penalty free IRA distributions prior to 59.5
Replies: 13
Views: 3076

Some or all of the money can come out of the 401k and be paid directly to the former spouse. Taxes will be due, but there will not be a 10% penalty. GG Sooo…. I feel my mention of an IRA has confused this issue. The money is part of a 401K. I read the link on QDRO and I understand the purpose of it...
by winterescape
Fri Jun 22, 2007 8:01 am
Forum: Investing - Theory, News & General
Topic: Penalty free IRA distributions prior to 59.5
Replies: 13
Views: 3076

Thanks for the responses.

This seems to confirm what I have read. Except the medical, first time home purchase, or substantially equal periodic payments, 72T options, none of which apply in this case, there is no provision that allows penalty free access to the money due to divorce.
by winterescape
Thu Jun 21, 2007 5:35 pm
Forum: Investing - Theory, News & General
Topic: Penalty free IRA distributions prior to 59.5
Replies: 13
Views: 3076

Penalty free IRA distributions prior to 59.5

A family member is going through a divorce. His former spouse will get portion of 401K, which I assume will be transferred into a TIRA. Anyone aware of a method besides 72T distributions by which the money can come out of the split 401K or TIRA prior to age 59.5 without penalty? A lawyer friend has ...
by winterescape
Wed Jun 20, 2007 1:45 pm
Forum: Personal Investments
Topic: Tax Questions
Replies: 4
Views: 1968

Thanks Mel, So you only pay CG tax on the gains, or do you pay normal income tax also. Lets say I sell 100 shares at $110, 9 months earlier, I paid $100. Am I paying 25% of the $1000 gains only ($250), or am I paying 25% of the gains ($250), and my normal income tax rate ($250)? AF You only pay tax...
by winterescape
Mon Jun 11, 2007 3:24 pm
Forum: Personal Investments
Topic: Student Loans v. Refinancing Home
Replies: 2
Views: 1372

Also, not sure if you have seen bankrate.com
These calculators may help…
http://bankrate.com/brm/rate/calc_home.asp
by winterescape
Mon Jun 11, 2007 3:16 pm
Forum: Personal Investments
Topic: Student Loans v. Refinancing Home
Replies: 2
Views: 1372

I would recommend you consider keeping the below market rate loan you already have and adding a home equity line of credit to be used to pay off the student loans. Usually you can get these at something like prime – 0.25% with no closing costs. In general I do not recommend consolidating lower inter...