Search found 7447 matches

by jeffyscott
Thu Dec 20, 2007 11:17 am
Forum: Investing - Theory, News & General
Topic: Marketwatch: Generational 'fight of the century' looms
Replies: 67
Views: 12298

bettega wrote:I have a large amount of contempt for how the baby boomers lived their lives, then and now.
Wow, so you have this contempt for anyone in their mid 40s to erly 60s, without knowing anything about how they have lived their indivudual lives, etc., simply because of when they were born.
by jeffyscott
Thu Dec 20, 2007 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Fuel standards
Replies: 13
Views: 2571

What GM et. al. need to do is sell a different mix of vehicles. GM and every other vehicle manufacturer can only sell what the public buys. Let's not blame the manufacturers for the choices that American consumers have made. The American consumer told GM, etc. something like: "I'll pay enough for t...
by jeffyscott
Wed Dec 19, 2007 11:20 am
Forum: Investing - Theory, News & General
Topic: Marketwatch: Generational 'fight of the century' looms
Replies: 67
Views: 12298

Re: Just me

I have always believed that deficit spending except in times of war or national emergency is wrong. I think it depends on what the spending is for. Since the US, unlike the state and local government, does not separate capital projects, some "deficit spending" is reasonable for these puirposes. For...
by jeffyscott
Tue Dec 18, 2007 2:13 pm
Forum: Investing - Theory, News & General
Topic: Marketwatch: Generational 'fight of the century' looms
Replies: 67
Views: 12298

I think the danger is more in Americans taking on the "hedonistic" nature of many Europeans: DINKs who enjoy life more, work less, war less. Some can have this attitude, but not everyone. China will regret their population control measures, and the US will flourish because of illegals. Human capita...
by jeffyscott
Tue Dec 18, 2007 11:44 am
Forum: Personal Finance (Not Investing)
Topic: [poll] how did you find this forum?
Replies: 20
Views: 5059

I found diehards through indexfunds.com website circa 2000, (when it was a discussion forum). followed some of the conversations to M* and the rest is history. Me too...but was in late 90s. I am not sure, but I think my path started at some other m* forums rather than indexfunds (Frank Armstrong's ...
by jeffyscott
Tue Dec 18, 2007 11:27 am
Forum: Investing - Theory, News & General
Topic: Choosing a Fixed Income Vehicle in Today's Market
Replies: 3
Views: 1248

I've started buying 90 day CDs as alternative to money market. Getting about 5% and FDIC insurance.
by jeffyscott
Tue Dec 18, 2007 11:21 am
Forum: Investing - Theory, News & General
Topic: Marketwatch: Generational 'fight of the century' looms
Replies: 67
Views: 12298

In this corner, wearing flashy red-white-blue sequenced leather trunks, big paunches and straddling Harleys and Bentleys, America's old' fogies sponsored by Corporate America and Wall Street lobbyists, the elite "Boomer" class that's selfishly amassing great wealth and McMansions for personal retir...
by jeffyscott
Tue Dec 18, 2007 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Fuel standards
Replies: 13
Views: 2571

To add to the above, I did the actual calculations for the 4 cyl altima with CVT. Note that this is not a hybrid, just a conventional mid size car...with a somewhat unconventional transmission. The 2007 rating was 26 city, 34 hwy. This means with the 90% and 78% fudge factors that were in effect las...
by jeffyscott
Tue Dec 18, 2007 10:21 am
Forum: Personal Finance (Not Investing)
Topic: automobile insurance woes....
Replies: 19
Views: 4435

Re: more info...

i figure as long as they are students, i will help them out as much as possible... and they are very aware that any accidents/tickets cause rate increases, and that someday soon they will be purchasing their own vehicles and insurance policies. My policy on that, for my sons that are living at home...
by jeffyscott
Tue Dec 18, 2007 9:36 am
Forum: Investing - Theory, News & General
Topic: Is Indexing the Best for REITs?
Replies: 25
Views: 5994

Be careful there are REITs that by riskier projects and should have higher returns, though not higher risk adjusted returns. Not sure if this is the relevant measure of risk, but the SD of TRREX is virtually identical to that of VGSIX. Another risk comparison: TRREX has had a larger loss this year,...
by jeffyscott
Mon Dec 17, 2007 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fuel standards
Replies: 13
Views: 2571

The better way to do this would be what europe has done...a hefty gasoline tax. Note that 35 mpg does not rally mean the average car will say 35 mpg on the sticker. Prior to the most recent change, the actual tested values were reduced to 78% of what the test measures for highway mpg and 90% for cit...
by jeffyscott
Mon Dec 17, 2007 12:27 pm
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

Okay, so your view of risk centers around "total dollars at risk", rather than "percentage of portfolio at risk". This is certainly an unusual viewpoint... Hang on you might decide my views are even odder than that post exposed them to be :) . So you're saying that if you have two portfolios - Port...
by jeffyscott
Mon Dec 17, 2007 11:29 am
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

jeffyscott wrote: What is wrong with having, say, 2-3 years of expenses in cash (maybe 10-15%) and an additional 6-7 years (maybe 25-35%) in intermediate bonds at retirement? So you start with a portfolio of 40-60% stocks and the remainder in cash and bonds. If the stock market tanks, you can then ...
by jeffyscott
Mon Dec 17, 2007 11:15 am
Forum: Investing - Theory, News & General
Topic: How are you doing?- Link to CBO Report on Taxes and Income
Replies: 20
Views: 3113

I don't think we should give up hope, but we can't expect CBO to come up with useful answers from statistical surveys. Okay, but I also don't think we should expect biased solutions to the issues...such as: the burden of all corporate income taxes are really born by the shareholders. I guess if I w...
by jeffyscott
Sun Dec 16, 2007 7:38 pm
Forum: Investing - Theory, News & General
Topic: How are you doing?- Link to CBO Report on Taxes and Income
Replies: 20
Views: 3113

MWCA wrote: I think it goes much deeper than some "tax cuts"
Clearly, since pre-tax increase in income went by similar percentages. 20% at the top and nearly nothing for the bottom 80%.

In addition we are looking at 2004-2005 change. AFAIK, there were no significant tax changes between those two years.
by jeffyscott
Sun Dec 16, 2007 6:52 pm
Forum: Investing - Theory, News & General
Topic: How are you doing?- Link to CBO Report on Taxes and Income
Replies: 20
Views: 3113

Seems inconsistent to claim corporate income taxes fall on shareholders while excise taxes fall on the customers. If these taxes were eliminated, it is difficult to know what the effect would be. Would the current entitiy that actually remits the taxes lower prices, increase wages, or have an increa...
by jeffyscott
Sun Dec 16, 2007 6:13 pm
Forum: Investing - Theory, News & General
Topic: Is Indexing the Best for REITs?
Replies: 25
Views: 5994

We have invested in T. Rowe's real Estate fund. This is because they are her 403b provider and expenses are reasonable. I did not think "thank goodness I have a managed REIT fund option" or "this could be a big mistake...it's not an index fund, oh my". I advised my sister to use the vanguard index f...
by jeffyscott
Sun Dec 16, 2007 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: What to invest in? It's all over-valued?
Replies: 39
Views: 9876

larryswedroe wrote:from what I have been reading REITs now trading at 20% discount to NAV and you don't see any issuance of IPO REITS (so that is saying they look undervalued now if anything).
I hope so, our REIT allocation just dropped enough to cause me to start buying.
by jeffyscott
Sun Dec 16, 2007 5:16 pm
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

Re: Constant Dollar Method

But there are some who can use the constant dollar method if they have, for example, a pension providing 60-65%, and Soc Sec providing 20-25%, of your anticipated monthly needs... and both are adjusted upward each year following the CPI. I will probably use the constant % method...or the constant %...
by jeffyscott
Sun Dec 16, 2007 5:00 pm
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

Because a house is part of your portfolio, so of course you care what happens to it. At some point in your life, you or your heirs will sell your house. Its value will matter (especially if you are in negative equity, but hopefully not). Yes, so I care, but not a whole lot. Suppose I am retired, if...
by jeffyscott
Sun Dec 16, 2007 12:56 pm
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

28% over 5 years means my money would have more than tripled in my natural resources fund. I think you are nitpicking on the housing issues. To simplify this let's go back to the assumption that I have no intention of moving or taking out home equity loans. I have paid for my house. Now why do I car...
by jeffyscott
Sun Dec 16, 2007 12:17 pm
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

Valuethinker - My impression has been that my natural resources fund has done very well with the increased oil prices...hold on, let me verify that. Yep, 28%+ over the last 5 years, that is hardly similar to the overall stock market returns for that period (11.6%). Healthcare stocks are down probabl...
by jeffyscott
Sun Dec 16, 2007 8:22 am
Forum: Investing - Theory, News & General
Topic: How are you doing?- Link to CBO Report on Taxes and Income
Replies: 20
Views: 3113

This also shows almost no increase in after tax income for the bottom 80%.

Meanwhile, there is 7.5% increase for the top 20%, and a 20% increase for the top 1%.
by jeffyscott
Sun Dec 16, 2007 8:08 am
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

Re: Moral Hazard

It's hard to build a portfolio of, say, groceries. It's not necessarily the case that your house keeps up with inflation in price. Most of us don't have a way of storing bunker fuel oil in large volume easily. There's no way of buying healthcare services in advance, easily. I'm not sure how to cove...
by jeffyscott
Sun Dec 16, 2007 7:59 am
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

Rick, I also plan to retire at ~55 and I have a 457 and my wife has a 403b. We also have Roths. I don't expect to have any taxable accounts to speak of. The reason for saving the money was in order to retire early, so I guess I am not understanding why one would hesitate to use it to do just that. I...
by jeffyscott
Sat Dec 15, 2007 6:50 pm
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

Re: important Fed speech on TIPS

Not only fewer auctions, "concentrate TIPS issuance" could also mean eliminating 20 or 10 year TIPS as they did with the 30 year. The statement was made in his conclusion of the article. Of course, if you read the article rather than speculating :wink: , you would see he said exactly the opposite, ...
by jeffyscott
Sat Dec 15, 2007 6:41 pm
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

Jeffy--yes it is possible to withdraw from tax deferred accounts before 59.5 but this is what many (including myself) would hope not to have to do in order to maintain the tax advantaged status. In case you are not aware of what I meant, http://money.cnn.com/magazines/moneymag/money101/lesson23/ sa...
by jeffyscott
Sat Dec 15, 2007 12:08 pm
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

Re: jeffyscott

bobcat2 wrote:Read this:
Link:http://www.treasurydirect.gov/news/pres ... elimit.htm

Bob K
Thanks, I see it is really a $10,000 limit since you can do $5000 paper and $5000 electronic. That part is just goofy :roll: .
by jeffyscott
Sat Dec 15, 2007 11:30 am
Forum: Investing - Theory, News & General
Topic: important Fed speech on TIPS
Replies: 49
Views: 7947

ZZ wrote: *$5k limit on I Bonds
:? Treasury still says $30K:

http://www.treasurydirect.gov/indiv/res ... s_0406.htm
by jeffyscott
Sat Dec 15, 2007 11:13 am
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

Has anyone ever looked at this using actual return records from balanced funds that have been around for a very long time would show?

Wellington goes back to 1929
Dodge and Cox Balanced 1931
T Rowe Price Balanced 1939
Wellesley 1970

I know...survivorship bias, etc., but still...
by jeffyscott
Sat Dec 15, 2007 11:00 am
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

It is not true that you can not withdraw from tax deferred until 59.5. There may be just specific rules you have to follow to do this for some types of accounts...
by jeffyscott
Sat Dec 15, 2007 10:54 am
Forum: Investing - Theory, News & General
Topic: Retiring on Wellesley
Replies: 65
Views: 13348

The original post referenced using Wellesley as a stand-alone for retirement. That might work in a tax-sheltered retirement account; but if a person is in my situation with taxable only, I don't think it would. I will need my holdings to produce income since I'm already retired. If you are retired ...
by jeffyscott
Sat Dec 15, 2007 10:12 am
Forum: Investing - Theory, News & General
Topic: Strategies for transitioning into Retirement
Replies: 52
Views: 12107

What is wrong with having, say, 2-3 years of expenses in cash (maybe 10-15%) and an additional 6-7 years (maybe 25-35%) in intermediate bonds at retirement? So you start with a portfolio of 40-60% stocks and the remainder in cash and bonds. If the stock market tanks, you can then wait it out for up...
by jeffyscott
Sat Dec 15, 2007 7:52 am
Forum: Investing - Theory, News & General
Topic: Retiring on Wellesley
Replies: 65
Views: 13348

Imagine you had a million dollars. ... You just retired For the specific situation the OP described, where someone just retired and needs their nest egg to be a major source of income over the rest of their life, the primary risk/issue is not really the AA (within limits) but rather whether the fir...
by jeffyscott
Sat Dec 15, 2007 7:42 am
Forum: Investing - Theory, News & General
Topic: Retiring on Wellesley
Replies: 65
Views: 13348

Bob, Try selling TR-I or LS-I, with their considerably shorter records, to a retiree when a cheaper alternative with a solid record of delivering what they're looking for is available. Would you buy a KIA instead of a Toyoya Corolla? Eeew, I would not buy either! :P Several recent discussions of th...
by jeffyscott
Fri Dec 14, 2007 2:30 pm
Forum: Investing - Theory, News & General
Topic: High-Yield v. Junk Bonds?
Replies: 30
Views: 4706

Not to knock Vanguard here, because they are to be applauded for their committment to low fees. However, Vanguard hurts a lot of investors in my opinion because they are trying to be all things to all people. Your premise is apparently that no one should invest in high yield bonds, and therefore Va...
by jeffyscott
Fri Dec 14, 2007 11:05 am
Forum: Investing - Theory, News & General
Topic: Bonds good, Bond funds Bad, Suze Orman on CNBC
Replies: 53
Views: 20543

The part I don't understand is why I should care about the market value of the bond if I have no intention of selling it prior to maturity. A lot of these explanations I've been seem to me assume that an individual investor has no control at all over his investment policy. Now, on the other side......
by jeffyscott
Fri Dec 14, 2007 10:56 am
Forum: Investing - Theory, News & General
Topic: Bonds good, Bond funds Bad, Suze Orman on CNBC
Replies: 53
Views: 20543

Re: It's the NAV

azxcvbnm321 wrote:One huge difference between bonds and bond funds is that bond funds never mature so when you cash out of a bond fund, you are in effect, selling your bonds at market price.
If you own a bond you also can only sell at the market price. When it matures you also get the market price.
by jeffyscott
Wed Dec 12, 2007 2:47 pm
Forum: Investing - Theory, News & General
Topic: Bonds good, Bond funds Bad, Suze Orman on CNBC
Replies: 53
Views: 20543

Stable value can vary, mine is made up of intermediate bonds and currently yields 5.17%. Over time, I'd expect mine to have similar returns to what it contains, which is intermediate bonds.
by jeffyscott
Wed Dec 12, 2007 2:43 pm
Forum: Forum Issues and Administration
Topic: missing private message
Replies: 4
Views: 1667

Okay, thanks for the info
by jeffyscott
Wed Dec 12, 2007 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 457 plan
Replies: 0
Views: 877

Inherited 457 plan

I am revising and updating instructions for my spouse to follow in the event of my demise. She has no interest in managing investments. I have a 457 plan from my employer that she would inherit. My understanding is she could keep that or do a rollover (for example) to an IRA. If she elects to keep i...
by jeffyscott
Wed Dec 12, 2007 1:35 pm
Forum: Forum Issues and Administration
Topic: missing private message
Replies: 4
Views: 1667

Are you sure? I had read the Dec 3 message when I had gotten a notification of it back around Dec 3. I've never looked for PMs without having gotten a notice. Were there repeat notifications in some cases? I had just PMed Rick Ferri this morning and assumed the notice was for his reply...quite a coi...
by jeffyscott
Wed Dec 12, 2007 1:25 pm
Forum: Investing - Theory, News & General
Topic: High-Yield v. Junk Bonds?
Replies: 30
Views: 4706

ddb wrote:maybe they should change the name to the Vanguard Mid-Yield Bond Fund.
:D

or maybe the vanguard not quite so high yield (but, hey! it's less junky too, ya know) fund
by jeffyscott
Wed Dec 12, 2007 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Choices for "retirement income" funds?
Replies: 31
Views: 10258

Managed Payout Real Growth Fund— capital and payouts grow in real terms (inflation-adjusted) over time. Managed Payout Moderate Growth Fund— maintaining the purchasing power of their future payouts and capital . Sounds to me like moderate growth expects capital to grow at rate of inflation, while re...
by jeffyscott
Wed Dec 12, 2007 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Choices for "retirement income" funds?
Replies: 31
Views: 10258

Thanks for the link. That sounds like it might work for post retirement period as a single fund option...which my wife would like to have, in the event of my demise. I'll have to check into the details, when it actually comes out.
by jeffyscott
Wed Dec 12, 2007 11:55 am
Forum: Forum Issues and Administration
Topic: missing private message
Replies: 4
Views: 1667

missing private message

I recieved an email today indicating I had a new private message, but the new message does not show up in my inbox.
by jeffyscott
Wed Dec 12, 2007 10:15 am
Forum: Investing - Theory, News & General
Topic: Bonds good, Bond funds Bad, Suze Orman on CNBC
Replies: 53
Views: 20543

Re: Bonds good, Bond funds Bad, Suze Orman on CNBC

SpringMan wrote:I watched Suze Orman on CNBC last night.

May I ask why :?: :? :lol:
by jeffyscott
Wed Dec 12, 2007 10:11 am
Forum: Investing - Theory, News & General
Topic: Why Roth vs 401k?
Replies: 17
Views: 3941

Since we max out both Roth and 401K (actually 457 and 403b), we don't have to choose which is preferable. If I were choosing between the two, I'd probably do the 457 and 403b to the point where taxable income dropped to the 15% bracket and Roth for the rest. But this is based on my own expectations ...
by jeffyscott
Wed Dec 12, 2007 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Choices for "retirement income" funds?
Replies: 31
Views: 10258

What is "the new 5% managed payout fund"?
by jeffyscott
Wed Dec 12, 2007 9:39 am
Forum: Investing - Theory, News & General
Topic: High-Yield v. Junk Bonds?
Replies: 30
Views: 4706

Re: High-Yield v. Junk Bonds?

This interested me since mentally I'd always bracketed high-yield with junk bond funds. Can someone parse the difference? Yes, no matter who is doing the talking, the difference is their fund is junk, while ours is high yield. In this case the words are Bogle's so Vanguard's fund is high yield, whi...