Search found 63 matches

by m_j_paquette
Sat Sep 13, 2008 11:04 pm
Forum: Investing - Theory, News & General
Topic: Your Personal Inflation Rate in Retirement
Replies: 15
Views: 3012

OK, so if the canonical Safe Withdrawal Rate is 4%, but Medicare premiums are increasing at 4.6% over the rate of inflation... :shock: Clearly that can't happen forever...but as the saying goes, it may very well continue "longer than you can stay solvent" And if the actual cost of health care grows...
by m_j_paquette
Fri Sep 12, 2008 12:23 pm
Forum: Personal Investments
Topic: TLH and Index Funds?
Replies: 8
Views: 2193

So you are saying Tax Loss Harvesting can benefit a Index Fund Investor? Oh, yes. I retired earlier this year. I had a portfolio that I've been building using Financial Engines guidance for many years now that has done pretty well for me, but FE is pretty much an accumulation phase advisor, and doe...
by m_j_paquette
Tue Sep 09, 2008 10:53 am
Forum: Investing - Theory, News & General
Topic: Adviser: Get Out of Index Investing
Replies: 49
Views: 8708

Interesting that the spread is tighter than Gaussian. Closet indexers perhaps more often than not? Certainly, as an actively managed fund grows it's going to start resembling a broader index more and more as it has to find new places to put all that cash to work. What I find interesting is that the...
by m_j_paquette
Mon Aug 25, 2008 11:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website changes-Communicate dissatisfaction!
Replies: 61
Views: 13776

...some of the text overlaps with other text...

For what it's worth, the overlap error where the copyright and selections for "Terms & Conditions | Security Center | Obtain Prospectus | Enhanced Support" appear in the middle of the display is an HTML programming error. Specifically, the Vanguard generated web pages try to use a <style> directive ...
by m_j_paquette
Sun Aug 24, 2008 7:03 pm
Forum: Personal Investments
Topic: Suggestions for exercising my Nonqualified Stock Options
Replies: 7
Views: 1727

I wound up doing something like this last year and early this year. I exercised equal size option lots over several months, with about half going in 2007 and half in 2008. That happened to move more of the sales into lower brackets, which was handy. I did do something a bit risky, setting a threshol...
by m_j_paquette
Sun Aug 24, 2008 10:54 am
Forum: Investing - Theory, News & General
Topic: What finance magazines do Bogleheads read?
Replies: 46
Views: 10439

The Economist for world news and economics, BusinessWeek (The People Magazine of business), and, as I have always enjoyed science fiction and fantasy, Barron's. I'll probably drop Barrons and BusinessWeek when the subscriptions run out. These were freebies, and I don't think I'd want to actually pay...
by m_j_paquette
Sat Aug 23, 2008 1:49 pm
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

I'm going to re-run the numbers once I can get some detailed data on distributions for VISVX. Bah. Spreadsheet bugs. (Good thing I don't do programming any more, eh?) :oops: I re-ran the numbers with better data and fixed the spreadsheet. Putting VISVX or VBR (small cap value) in taxable and VBILX ...
by m_j_paquette
Fri Aug 22, 2008 6:22 pm
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

If you haven't already done so, I suggest you look carefully at the sensitivity of your CA tax rate to relatively small changes in income. The brackets are pretty small and it doesn't take much of a jump in income to top out at 9.3%. You will probably have some "interesting" tax planning opportunit...
by m_j_paquette
Fri Aug 22, 2008 3:36 pm
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

Hopefully someone else will comment, but I wonder if putting your bonds in taxable and VISVX in tax-deferred is the right move. Most of your return from VISVX is going to be from capital gains, which have nearly always had favorable tax treatment vs. bond interest. Unless you put them in an IRA, wh...
by m_j_paquette
Fri Aug 22, 2008 12:09 pm
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

Wow. Thanks, everyone. This is a board that never sleeps! grok's idea of using both CA tax exempt and bond index funds in taxable is interesting. If I find myself in the situation of having too darn much bond income I could easily shift the mix to use more tax exempt funds, buying the CA intermediat...
by m_j_paquette
Fri Aug 22, 2008 12:05 am
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

Re: Complete portfolio do-over (care of losses offsetting ga

Hi m_j and welcome to the forum, I guess I would lean toward the simpler portfolio as I personally don't think small cap and value funds are the best fit for taxable. I also think you should consider ca tax exempt funds instead of the total bond market index fund in taxable- or maybe split these tw...
by m_j_paquette
Thu Aug 21, 2008 9:16 pm
Forum: Personal Investments
Topic: Complete portfolio do-over (care of losses offsetting gains)
Replies: 20
Views: 3365

Complete portfolio do-over (care of losses offsetting gains)

Well, when life hands you lemons, it's time to make lemonade. I have a portfolio built over time from Financial Engines, aimed at a moderate risk level. Add to that recent large sums from exercising options, invested over a range of instruments last year, retirement, and a significant market downtur...
by m_j_paquette
Fri Apr 25, 2008 7:21 pm
Forum: Personal Investments
Topic: Why VG intermediate muni bond fund had a big drop?
Replies: 3
Views: 1700

Those were bond hedges coming apart at the seams

A hedge play of being short Treasuries and long munis came apart at the seams in late February, with the Treasuries becoming a desirable issue. Some truly insane quantities of muni bonds were being sold off. I grabbed a pretty large chunk of CA intermediate term munis (VCADX) Feb 29 after seeing the...