Search found 9634 matches

by sport
Fri Dec 05, 2008 12:27 am
Forum: Personal Finance (Not Investing)
Topic: TLH Midcap Funds
Replies: 4
Views: 1346

Re: Options

Vanguard Options: The Large Cap Index Fund tracks the Prime Market 750 Index consisting of large and mid cap companies. The Value Index Fund tracks the MSCI index for large cap and mid-cap value companies. These 2 options might work depending your desired AA and exposure to large caps in other hold...
by sport
Thu Dec 04, 2008 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Loss Carryover
Replies: 17
Views: 4432

Intriquing question. I checked and found quite a bit of discussion about this scenario, with some disagreement. But from what I can tell, and this is by no means certain, if the individual(s) live in a community property state and the assets generating the losses were community property, then 50% o...
by sport
Thu Dec 04, 2008 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Loss Carryover
Replies: 17
Views: 4432

chaz wrote:Visit irs.gov and look at Publication 17.
chaz,
I took your advice and consulted Publication 17. This area of tax code is discussed on page 114. I could not find any answers to my questions. Do you have any other suggestions?

Jeff
by sport
Thu Dec 04, 2008 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Loss Carryover
Replies: 17
Views: 4432

Capital Loss Carryover

I have a question related to the carryover of capital losses as filed on Schedule D of a joint return. I understand that the capital loss carryover can continue indefintely until it is either used up, or the individual dies. However, if there is a joint return, and both parties have capital loss car...
by sport
Thu Dec 04, 2008 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: TLH Midcap Funds
Replies: 4
Views: 1346

TLH Midcap Funds

I have taxable holdings in both the Vanguard Midcap Index Fund and the Vanguard Midcap Value Index Fund. I would like to tax loss harvest these funds, but I want to keep the investments in midcap stocks. What would be the best Vanguard funds to use as permanent alternatives if I need to keep them? I...
by sport
Tue Dec 02, 2008 7:05 pm
Forum: Personal Investments
Topic: Carry capital loss over indefinitely?
Replies: 21
Views: 5532

Although you must use $3000 a year, you can carry over excess net loss indefinitely. However, if you should die before you use up all your losses, the losses will go to heaven with you. What about the case where a couple files taxes jointly, and one of them has long term losses. If that person dies...
by sport
Sat Nov 29, 2008 11:32 pm
Forum: Investing - Theory, News & General
Topic: To late to TLH (near end of year)?
Replies: 22
Views: 4723

Re: To late to TLH (near end of year)?

If you are purchasing a replacement fund for the 30 day period required to avoid a wash sale, or later go back to purchase the original fund, it is usually better to buy after the dividend date but before year-end. Taylor, I understand why you would want to buy after the dividend date, but why the ...
by sport
Sat Nov 29, 2008 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Spending
Replies: 12
Views: 2643

Well whatever the percentage is that she is going to use, it will be good for her. Hopefully she does something for herself. We only have one life and I take it she has paid her dues in life and it is time for her to do something fun and relaxing for herself. I would take 10% out. I figure, when we...
by sport
Fri Nov 28, 2008 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Spending
Replies: 12
Views: 2643

I've read that it's prudent for retirees to have 2 to 5 years worth in a cash bucket (or money market fund) for near-term needs. During the 5 years, wait for good selling opportunities (stock fund gains) to replenish the cash bucket. I agree with this idea. You need a cushion of a few years in cash...
by sport
Fri Nov 28, 2008 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Spending
Replies: 12
Views: 2643

Re: Needs

Jeff, There is no need to withdraw money that is not needed until required for RMD purposes. In this situation I would withdraw only $30k and leave the other $10k alone. If something comes up and she needs the money she can get it at that time. If she wants to build up a small cushion have her take...
by sport
Fri Nov 28, 2008 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Spending
Replies: 12
Views: 2643

Retirement Spending

I would like to get some opinions on spending money from a retirement portfolio. Consider a retiree who has decided to spend a fixed percentage from her portfolio, recalculated each year, say 4%. If she starts her retirement with a 1 million portfolio, she figures she can spend 40k the first year, a...
by sport
Wed Nov 26, 2008 6:48 pm
Forum: Investing - Theory, News & General
Topic: Insanity of the 4% safe withdrawal rule
Replies: 123
Views: 19482

The actual life table for white males in the United States for 2003 shows 2.1% surviving to age 100, and for white females 2.4%. If these are the percentages of all individuals that reach these ages, the percentage of retirees at, say 65, that reach these ages would be higher. The percentages of al...
by sport
Wed Nov 26, 2008 3:52 pm
Forum: Investing - Theory, News & General
Topic: Insanity of the 4% safe withdrawal rule
Replies: 123
Views: 19482

There is one other factor in retirement planning that no one has mentioned. Even if you believe the 4% SWR rule is the correct way to plan your retirement spending, the rule is predicated on the portfolio surving for 30 years. However, there is generally no guarantee that you will not live for more ...
by sport
Mon Nov 24, 2008 8:38 pm
Forum: Personal Investments
Topic: What to do with a lousy 403(b)
Replies: 9
Views: 2481

Vinny, If you have a good 401k plan and are not making the maximum contribution allowed, perhaps it would be better to make larger contributions to your plan instead of contributing to your spouse's plan. Since she has no matching money for her plan, you could make non-matched contributions to your ...
by sport
Sun Nov 23, 2008 5:44 pm
Forum: Personal Consumer Issues
Topic: The myths of car use and maintenance
Replies: 48
Views: 10330

" "No need for snow tires, all-seasons do a fine job." Use chains when it snows. Even on your 4X, a nice QUIET and STURDY set of radials is all you need. (Giant NOISY treads are only good when the mud gets deep and when you just have to have that look.) That's my take, Tet Very bad r...
by sport
Sun Nov 23, 2008 5:17 pm
Forum: Personal Consumer Issues
Topic: The myths of car use and maintenance
Replies: 48
Views: 10330

I have heard that using the parking brake every time the car parked saves wear on the transmission rather than just putting the trans in the park position. I don't see how when parked on level ground but maybe it could when parked on a hill. Using the parking break regularly also keeps the break me...
by sport
Sat Nov 22, 2008 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Managing condo reserves
Replies: 13
Views: 3065

Ray,
The first place to check is your association bylaws. Our homeowners association specifies that reserves are to be invested in a bank account at a local bank.

Jeff
by sport
Sat Nov 22, 2008 2:29 am
Forum: Personal Finance (Not Investing)
Topic: SS Service Center
Replies: 21
Views: 3196

Jeff, Keep putting those payments into a savings account that you create for this purpose. What has the office suggested that you do to correct the situation? Best, Tom, They told her to file forms withdrawing her claim. She has done that twice. There is nothing more for her to do. "The ball i...
by sport
Sat Nov 22, 2008 2:26 am
Forum: Personal Finance (Not Investing)
Topic: SS Service Center
Replies: 21
Views: 3196

Re: SS Service Center

My wife went to our local office with an appointment. She was given bad information and advice. She was advised to apply for benefits that she was not entitled to receive. After we figured this out, she tried to withdraw her application. So far, she has received benefits for two months she is not e...
by sport
Sat Nov 22, 2008 12:09 am
Forum: Personal Finance (Not Investing)
Topic: SS Service Center
Replies: 21
Views: 3196

Re: SS Service Center

SSA uses one phone number for the entire USA. A good thing. We have a local SS office in our area. However, they usually will not even answer the telephone. In our experience, this office is mostly disfunctional. It is very frustrating to deal with them. Jeff My wife went to our local office with a...
by sport
Thu Nov 20, 2008 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: SS Service Center
Replies: 21
Views: 3196

Re: SS Service Center

chaz wrote:
SSA uses one phone number for the entire USA. A good thing.
We have a local SS office in our area. However, they usually will not even answer the telephone. In our experience, this office is mostly disfunctional. It is very frustrating to deal with them.

Jeff
by sport
Sun Nov 16, 2008 9:54 pm
Forum: Personal Consumer Issues
Topic: Any Mensans Here?
Replies: 140
Views: 26384

I was a member back in the 1960's. I did not like the local group and decided it was not worthwhile, so I let my membership lapse. However, many years later, that past membership helped my to get a job I really wanted.

Jeff
by sport
Sun Nov 16, 2008 5:15 pm
Forum: Personal Investments
Topic: Where to buy a CD and why not through Vanguard?
Replies: 10
Views: 2793

I believe there are other differences as well. 1. A brokered CD cannot be cashed in prior to maturity. It has to be sold on the open market, with an associated brokerage commission. The sale may be at a higher or lower price than the purchase price. A direct CD can be redeemed early, with the paymen...
by sport
Sat Nov 15, 2008 12:50 am
Forum: Investing - Theory, News & General
Topic: Suspend RMD from an IRA for 2008?
Replies: 27
Views: 5405

Re: Delay on RMD

What most people seem to be missing is besides the value of your IRA being down from 30% to 50%, taking the RMD when the value is down also means that there was a corresponding reduction in the NAV of these accounts. So, if your RMD for 2008 was 10,000 and your account is down by 50%, you must now ...
by sport
Thu Nov 13, 2008 7:57 pm
Forum: Personal Consumer Issues
Topic: English pronunciation improvement
Replies: 58
Views: 11148

Victoria,
If you want to get professional help, look for a Speech Therapist, or Speech Pathologist that specializes in "accent reduction". They are the specialists in this area.

Jeff
by sport
Tue Nov 11, 2008 5:49 pm
Forum: Personal Investments
Topic: min admiral fund enforcement details?
Replies: 17
Views: 3598

If you TLH...

If you have an admiral status fund that has dropped below the admiral minimum, it may still retain its admiral status. However, if you tax loss harvest and exchange that fund for another fund, you will not keep the admiral status for the new fund unless the new fund meets the minumum amount required...
by sport
Sun Nov 09, 2008 3:54 pm
Forum: Investing - Theory, News & General
Topic: Seeking Safe Retirement Income -- Compare Two Options
Replies: 7
Views: 2111

Another possibility that you did not mention is a CD ladder directly through a bank, S&L, or credit union. There are some advantages over brokered CDs. In general, they are not callable. There is flexibility on whether you want the interest paid out or reinvested ( this can also be changed at an...
by sport
Sun Nov 09, 2008 3:39 pm
Forum: Investing - Theory, News & General
Topic: Quinn's comments on "cash" for 5 years expenses
Replies: 12
Views: 3506

It seems that this type of advice (number of years worth of spending) ignores the interest and dividends generated by a portfolio every year. Consider a 40/60 portfolio for a retiree. If the 60% bonds yield 5% interest, that provides 3% of the portfolio in cash. If the 40% equity part of the portfol...
by sport
Sat Nov 08, 2008 4:32 pm
Forum: Personal Investments
Topic: Advice or suggestions -just been laid off
Replies: 12
Views: 2995

Here are some suggestions: 1. Dh now has a new job. That job is the job search itself. He should plan on spending at least 8 hours/weekday and 40 hours per week in the job search activity. 2. If he is a college grad, contact his college placement office for information on job openings. This info is ...
by sport
Wed Nov 05, 2008 2:57 am
Forum: Investing - Theory, News & General
Topic: Mental Accounting?
Replies: 20
Views: 2862

Betel, The way I have dealt with this is to keep investment money and spending money scrupulously separate. Money that is earmarked for investing does not get spent. I also realize that my investments will have their ups and downs. However, these fluctuations have nothing to do with the amount I hav...
by sport
Sun Nov 02, 2008 5:04 pm
Forum: Investing - Theory, News & General
Topic: Phantom income with TIPS Mutual Funds?
Replies: 26
Views: 4421

Re: Phantom income with TIPS Mutual Funds?

Yes, it's the same issue with a CD with reinvested interest. Why don't people call that "phantom" income? :) Prior to this year I've never owned CDs and was under the impression that with a a CD of less than 1 year, the interest in taxable when received. Publ. 550 says: "If you buy a...
by sport
Sat Nov 01, 2008 12:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Grade Bonds
Replies: 15
Views: 3057

Meph, Certainly that is true. However, every person who buys a mutual fund cannot be expected to be able to rate the creditworthiness of every issuer. Vanguard shows the ratings of the bonds in the funds, and the fund buyer depends on those ratings to determine the level of risk he/she wishes to tak...
by sport
Fri Oct 31, 2008 10:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Grade Bonds
Replies: 15
Views: 3057

Vanguard Investment Grade Bonds

If this has already been discussed, I apologize for the duplicate post. However, this is a question I have not seen addressed. Vanguard has three managed bond funds that invest in "investment grade bonds". These are corporate bonds that are supposed to be very safe when compared to other c...
by sport
Wed Oct 29, 2008 11:18 pm
Forum: Investing - Theory, News & General
Topic: Financial viability of Vanguard going forward
Replies: 21
Views: 4920

JD, Insolvency is not really a consideration with mutual funds. The fund is simply a collection of holdings, in your case shares of stock. The fund calculates the value of all of its holdings, and divides by the number of shares in the fund. This gives the net asset value (NAV) per share. That value...
by sport
Wed Oct 29, 2008 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Family cash flow management / Personal Budgets question
Replies: 15
Views: 3774

Here is a simple system that has worked for us for a long time. I calculate the sum of all the large irregular bills (those due once or twice per year), such as real estate taxes, insurance premiums, etc. I divide that amount by the number of pay periods in the year and put that amount into a money ...
by sport
Wed Oct 29, 2008 10:33 pm
Forum: Investing - Theory, News & General
Topic: Financial viability of Vanguard going forward
Replies: 21
Views: 4920

Vanguard is limited to being a manager and administrator of mutual funds. They also provide investment advice. There is no reason to think that Vanguard itself is at risk. In addition, the Vanguard funds are all individual entities. If Vanguard should somehow disappear, the funds would just have to ...
by sport
Sun Oct 26, 2008 2:31 am
Forum: Personal Finance (Not Investing)
Topic: VG sPrime Money Market Fund to external bank via ACH
Replies: 5
Views: 1742

From the Vanguard web site, you can ACH transfer to an outside bank, or from an outside bank. It works in either direction.

Jeff
by sport
Wed Oct 22, 2008 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Telephone Savings?
Replies: 18
Views: 4412

I use Pioneer Telephone for long distance. It costs about 3 cents per minute, both in-state and out-of-state. There are no minimums. It is more convenient than a pre-paid card. I just make the calls and the monthly bill shows up on my credit card. For someone who makes few calls, the charges are ver...
by sport
Tue Oct 21, 2008 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: I-Bond Inflation Rate
Replies: 3
Views: 1306

Sheepdog wrote:This was reported here a few days ago. 4.92%. Read U.S. Savings Bonds Advisor http://www.savings-bond-advisor.com/sav ... alert-033/
Jim
Thanks Jim. I missed the earlier report.

Jeff
by sport
Tue Oct 21, 2008 1:00 am
Forum: Personal Finance (Not Investing)
Topic: I-Bond Inflation Rate
Replies: 3
Views: 1306

I-Bond Inflation Rate

Do we know the inflation component for I-Bonds starting November 1? If not, when will that information be available?

Thanks,
Jeff
by sport
Sun Oct 19, 2008 2:22 pm
Forum: Personal Consumer Issues
Topic: JACK BOGLE'S NEW BOOK GIVEAWAY
Replies: 163
Views: 32691

Enter me in the drawing.
by sport
Sun Oct 19, 2008 1:41 pm
Forum: Personal Investments
Topic: Best place to start Roth with $100/month, no initial deposit
Replies: 12
Views: 2302

Sunny, Does the student have an emergency fund? If not, I would contribute to that and build up a cash reserve before venturing into the stock market in any form. If the emergency fund is in place, an easy place to build up a $1000 Roth account would be at a bank or S&L. Once the $1000 is accumu...
by sport
Thu Oct 16, 2008 7:15 pm
Forum: Investing - Theory, News & General
Topic: Managing Brokered CD portfolio - question
Replies: 3
Views: 987

I would think you would want to sell the CDs with the lower interest rates first. That would preserve the higher yielding CDs to provide more future interest.

Jeff
by sport
Fri Sep 26, 2008 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: A Unique way of saving on healthcare costs
Replies: 5
Views: 1698

Back in the early 1980's, I worked for a company that had a similar plan. It might have been even better. The company's health provider pre-negotiated major surgical procedure prices with top-notch providers of such services. The employees were not required to use those providers with the pre-negoti...
by sport
Sat Sep 20, 2008 11:00 pm
Forum: Investing - Theory, News & General
Topic: Employer matching in 401ks
Replies: 6
Views: 1504

salem,

Companies have 401k plans to attract and retain good employees.

Jeff
by sport
Fri Sep 19, 2008 11:27 pm
Forum: Personal Investments
Topic: Can I stop monthly contributions to STAR fund?
Replies: 11
Views: 2448

Also, if you don't have any income for a particular year, can you still contribute to an Roth IRA? Oops! No, I don't think so. Contributions to an IRA either traditional or Roth cannot exceed your earned income. Bob Bob, One exception to this is if the investor has a spouse with earned income. The ...
by sport
Thu Sep 18, 2008 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security question- spousal benefit/offset
Replies: 7
Views: 2002

ualdriver, My wife is a retired teacher, and the same as your relative, her pension offsets all of her spousal ss benefit. However, she also has qualified SS benefits of her own. There is a separate and different offset of her own SS benefits. She is still entitled to SS benefits. However, the amoun...
by sport
Sat Sep 13, 2008 12:57 am
Forum: Personal Finance (Not Investing)
Topic: How to make "cash offer" on a house?
Replies: 12
Views: 4007

charley, For the situation you describe, a good real estate attorney is absolutely essential IMO. The attorney, in addition to looking out for your interests, will answer all of these questions for you. Yes, you will have to pay the attorney for his/her services. However, it could be MUCH more expen...
by sport
Tue Aug 26, 2008 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Strange Collection Notice
Replies: 7
Views: 2421

Strange Collection Notice

Recently, I received a first class letter addressed to someone I never heard of, at my address. Since I could not tell if it was the name or address that was wrong, I opened the envelope. It turned out to be a collection notice for $93. Why this was sent to my address is a complete mystery. We bough...
by sport
Mon Aug 25, 2008 4:53 pm
Forum: Personal Investments
Topic: Determining from which fund to take RMD's
Replies: 22
Views: 4649

You should have a plan that specifies your desired allocation. Then you should make your withdrawals from the fund(s) that exceed your desired allocation for those funds.

Jeff