Search found 290 matches

by ERMD
Thu Jan 01, 2015 8:58 pm
Forum: Personal Investments
Topic: Talk me back from the edge
Replies: 37
Views: 4837

Re: Talk me back from the edge

Unless you have a strong need to add advisor risk and cost in an attempt to do better than the market, I'd suggest riding the horse of index funds, rather than hoping that some zebra will get you there faster. as an aside, are you a physician as well? for some reason, the healthcare field loves to ...
by ERMD
Thu Jan 01, 2015 8:52 pm
Forum: Personal Investments
Topic: Taxable account versus 457b
Replies: 14
Views: 2556

Re: Taxable account versus 457b

i've been grappling with this issue myself lately. though i consider myself to be working for an employer that has a >99% chance of still being around when i retire, i suspect enron employees thought the same thing in 2000 (when it was one of the largest energy companies on the planet). ditto for mc...
by ERMD
Thu Jan 01, 2015 5:18 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Calculation
Replies: 25
Views: 2742

Re: Rebalancing Calculation

OK - this may sound stupid, but I want to make sure I am doing this correctly. I have a little spreadsheet set up that has share values, total values and compares it to my desired allocation. For instance, my S&P400 Mid-Cap Index is presently at 21.44% of total, and the desired allocation is 20%. T...
by ERMD
Thu Jan 01, 2015 11:12 am
Forum: Personal Investments
Topic: 2015 Investment Resolutions
Replies: 9
Views: 1216

Re: 2015 Investment Resolutions

cfs wrote:Duplicate

Already discussed on this conversation ====> http://www.bogleheads.org/forum/viewtop ... 6#p2314356
not quite. that's under personal finance --> not investing.
by ERMD
Thu Jan 01, 2015 9:25 am
Forum: Personal Investments
Topic: 2015 Investment Resolutions
Replies: 9
Views: 1216

2015 Investment Resolutions

1. reconsider the non-gov 457 in our IPS
2. start taking advantage of dependent/healthcare FSA
3. fluent in swahili by january 2nd
by ERMD
Sun Dec 28, 2014 10:56 am
Forum: Personal Investments
Topic: Another 457b question..
Replies: 3
Views: 623

Re: Another 457b question..

EDIT: after reading through the wiki again, the answer to #1 and 2 appears to be that a non-gov 457 can only be rolled into another non-gov 457, so rolling it into an IRA doesn't even seem to be an option.
by ERMD
Sun Dec 28, 2014 10:50 am
Forum: Personal Investments
Topic: Another 457b question..
Replies: 3
Views: 623

Another 457b question..

Let's suppose you have access to a non-governmental 457b with excellent fund selection and a near zero chance of company bankruptcy (I know this might be a contentious point in and of itself, but assume the real possibility of bankruptcy in your investment timeline is <1%.) Let's suppose you work 5 ...
by ERMD
Thu Jun 19, 2014 8:12 pm
Forum: Personal Investments
Topic: How do you -gamble- your "fun money"? (if you do)
Replies: 28
Views: 2206

Re: How do you spend your "fun money"?

I should clarify, this is for those who put some aside specifically to gamble.
by ERMD
Thu Jun 19, 2014 7:58 pm
Forum: Personal Investments
Topic: How do you -gamble- your "fun money"? (if you do)
Replies: 28
Views: 2206

How do you -gamble- your "fun money"? (if you do)

Just curious where everyone sees dollar signs. I feel I have a better shot at real returns wagering on pro football versus day trading.
by ERMD
Sat May 03, 2014 7:31 am
Forum: Personal Finance (Not Investing)
Topic: An easy way to save money: Avoid the $300,000 car.
Replies: 152
Views: 26453

Re: An easy way to save money: Avoid the $300,000 car.

It's not very Bogleheaded to keep a car only five years. It's also not very Bogleheaded to pay interest on a car loan. So I think a more appropriate comparison would be the 10 year cost of ownership, assuming you pay cash. Granted, there is the opportunity cost in that the cash could have been inve...
by ERMD
Wed Apr 23, 2014 9:30 am
Forum: Investing - Theory, News & General
Topic: Is 1800s stock market data even relevant?
Replies: 63
Views: 6810

Re: Is 1800s stock market data even relevant?

Rodc wrote:I think the degree of market manipulation back then was far greater than today.
two words: li and bor.
by ERMD
Tue Apr 15, 2014 8:33 pm
Forum: Investing - Theory, News & General
Topic: Why are total bond market funds so often recommended?
Replies: 52
Views: 6859

Re: Why are total bond market funds so often recommended?

intermediate treasuries are intermediate treasures. TBM is the total bond market, and pretty much as diversified as your bonds can get in a single fund.
by ERMD
Tue Apr 15, 2014 8:14 pm
Forum: Personal Investments
Topic: Portfolio generating 7% return?
Replies: 10
Views: 2255

Re: Portfolio generating 7% return?

that portfolio has 5 individual stocks comprising almost 20% of the total portfolio allocation. that is quite risky. imagine if that ~9% AT&T stake was Enron circa 2000. too big to fail, until it did, and then you've lost almost a tenth of your portfolio overnight.
by ERMD
Sun Apr 13, 2014 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: the President's savings rate
Replies: 19
Views: 3051

the President's savings rate

interesting note from a cnn article here: http://money.cnn.com/2014/04/11/pf/taxes/obama-tax-return-2013/index.html?hpt=hp_t3 scroll down for the following quote: Unlike a lot of Americans, the Obamas put aside a lot for their retirement, saving $20,681 in tax-advantaged retirement plans. 20,681 of ...
by ERMD
Sun Apr 13, 2014 8:21 am
Forum: Personal Investments
Topic: can you TLH a 529?
Replies: 4
Views: 792

Re: can you TLH a 529?

livesoft wrote:
ERMD wrote:so all losses (include 529) would have to exceed 2% in order to get the tax break?
I do not quite understand your question because you wrote "all losses (include 529)" <-- what does that mean?
nevermind - read the thread that you referenced and it answered my question. thanks!
by ERMD
Sun Apr 13, 2014 8:12 am
Forum: Personal Investments
Topic: can you TLH a 529?
Replies: 4
Views: 792

Re: can you TLH a 529?

Yes, you can TLH a 529. I have written about it and done it: http://www.bogleheads.org/forum/viewtopic.php?p=1675056#p1675056 and other threads. It takes special circumstances and big losses since one must withdraw the ENTIRE 529 plan, close it, AND one MUST itemized on Schedule A and have miscella...
by ERMD
Sun Apr 13, 2014 8:00 am
Forum: Personal Investments
Topic: can you TLH a 529?
Replies: 4
Views: 792

can you TLH a 529?

happened to look at my 529 the other day, and my earnings are actual negative at the moment (marginally so.) i know that i'm holding this account for the long term, but supposed in a year, the negative earnings become significant relative to the principle. since you can withdraw 529 principal penalt...
by ERMD
Sat Apr 12, 2014 7:40 am
Forum: Personal Finance (Not Investing)
Topic: deferred comp plans
Replies: 20
Views: 2721

Re: deferred comp plans

It is sometimes hard to grasp (I know it took me a while to get my head around it), but gains in either an after tax then tax free (think Roth) or pretax then taxed account (think 401(k) or Deferred comp plan) are not taxed at all assuming equal tax rates at time of contribution and withdrawal. can...
by ERMD
Wed Apr 02, 2014 6:46 pm
Forum: Personal Investments
Topic: Bailing On Pimco Bond?
Replies: 19
Views: 3063

Re: Bailing On Pimco Bond?

i have PTTRX and VBMPX as the only bond options in my 403b. i briefly considered PTTRX to chase yield but it seems silly. VBMPX's ER is 1/4 of PTTRX.
by ERMD
Mon Mar 31, 2014 4:06 pm
Forum: Personal Investments
Topic: Is a 457 plan in addition to 403b a good option?
Replies: 12
Views: 1044

Re: Is a 457 plan in addition to 403b a good option?

ah, okay. well in that specific instance, it makes sense. otherwise, it seems like a wash.

critical care fellowship, or going back to residency?
by ERMD
Mon Mar 31, 2014 3:43 pm
Forum: Personal Investments
Topic: Is a 457 plan in addition to 403b a good option?
Replies: 12
Views: 1044

Re: Is a 457 plan in addition to 403b a good option?

I'm currently at the 33% rate so if I invest 1000 $ in a taxable it will be 1333$ pretax (i simplified the thing). Let say i decide to put the 1333$ pretax in a 457 plan and then i get the distribution when i'm at the 25% rate ( I could even be 15% after deductions). Wouldn't that be better? I dont...
by ERMD
Mon Mar 31, 2014 2:45 pm
Forum: Personal Investments
Topic: Is a 457 plan in addition to 403b a good option?
Replies: 12
Views: 1044

Re: Is a 457 plan in addition to 403b a good option?

just to "show my work", so to speak: scenario 1: i invest 1000, after tax at the highest marginal tax rate, which is $604. my investment horizon is 10 years. i put that money in index funds and don't touch it; after 10 years, at 5%, that's 983.85. scenario 2: i invest 1000 in my non-gov 457b, pre-ta...
by ERMD
Mon Mar 31, 2014 2:23 pm
Forum: Personal Investments
Topic: Is a 457 plan in addition to 403b a good option?
Replies: 12
Views: 1044

Re: Is a 457 plan in addition to 403b a good option?

if you leave the non-gov 457 employer, and are forced to take distributions, are they taxed as ordinary income? i'm basically trying to figure out the following: if you expect to leave your employer within the next 5 years, and have already maxed out your 403b, does it make more sense to a) invest i...
by ERMD
Mon Mar 31, 2014 11:00 am
Forum: Personal Finance (Not Investing)
Topic: [New 8th Circuit Ruling Striking Down High 401K Fees]
Replies: 44
Views: 3676

Re: [New 8th Circuit Ruling Striking Down High 401K Fees]

that's quite insightful manwithnoname, thank you. though i wonder, if the fudiciary chose not to retain an advisor (and thus, not collect those fees from the employee), could anyone call them imprudent for offering, say, a few broad index funds and a few target retirement funds? (although as i write...
by ERMD
Sun Mar 30, 2014 9:22 pm
Forum: Investing - Theory, News & General
Topic: The Coming Financial Crisis-Another Guru Has Spoken
Replies: 5
Views: 1316

Re: The Coming Financial Crisis-Another Guru Has Spoken

"I''ve been predicting the next financial crash ever since the last one.
how incredibly meaningless. i'll do him one better - i predict that eventually, after the next crash, there'll be another bull market. and then another crash. how do you like them tea leaves?
by ERMD
Sun Mar 30, 2014 10:00 am
Forum: Personal Finance (Not Investing)
Topic: [New 8th Circuit Ruling Striking Down High 401K Fees]
Replies: 44
Views: 3676

Re: 401k fee lawsuits

i haven't relied on anyone's opinion to decide anything. i posted a link to an interesting article on a subject that comes up frequently. for all the discussion of unreasonable 401k investment options, i haven't heard much (anything?) on pending litigation at a rather high level of judicial involvem...
by ERMD
Sun Mar 30, 2014 7:49 am
Forum: Personal Finance (Not Investing)
Topic: [New 8th Circuit Ruling Striking Down High 401K Fees]
Replies: 44
Views: 3676

Re: 401k fee lawsuits

not entirely sure i understand your point. can you clarify? Sure. I have always told my clients that I don't know anything unless I know everything. I don't want any secrets, I don't want any surprises. This philosophy has served my clients, and me, very well over the years. It seems to me that the...
by ERMD
Sun Mar 30, 2014 7:26 am
Forum: Personal Finance (Not Investing)
Topic: [New 8th Circuit Ruling Striking Down High 401K Fees]
Replies: 44
Views: 3676

Re: 401k fee lawsuits

not entirely sure i understand your point. can you clarify?
by ERMD
Sun Mar 30, 2014 6:56 am
Forum: Personal Finance (Not Investing)
Topic: [New 8th Circuit Ruling Striking Down High 401K Fees]
Replies: 44
Views: 3676

[New 8th Circuit Ruling Striking Down High 401K Fees]

[Thread title was "401k fee lawsuits". Change is due to thread merge, discussed below. --admin LadyGeek] so, this is pretty interesting. didn't see this posted elsewhere. http://www.nytimes.com/2014/03/30/business/a-lone-ranger-of-the-401-k-s.html Last Monday, the Supreme Court signaled its interes...
by ERMD
Sat Mar 29, 2014 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Rank These 401(k) Providers
Replies: 43
Views: 8261

Re: Rank These 401(k) Providers

my 403b is with transamerica. institutional share vanguard index funds, ERs mostly <0.1.

no complaints.
by ERMD
Sat Mar 29, 2014 9:04 pm
Forum: Investing - Theory, News & General
Topic: Watching The Market Is Not Investing
Replies: 12
Views: 2003

Re: Watching The Market Is Not Investing

JoMoney wrote: Someone is going to win the gold medal in any event, chance certainly plays a role, but competition is fierce and someone without skill is at a serious disadvantage.
except that an 8 year old can't win the boston marathon, no matter how lucky they get. picking winners, on the other hand..
by ERMD
Sat Mar 29, 2014 1:44 pm
Forum: Personal Investments
Topic: Bob Brinker portfolio
Replies: 50
Views: 20597

Re: Bob Brinker portfolio

this is an often-asked question and is highly subjective. some people go into a 50/50 total equities/total bonds fund allocation and stick with it through retirement, some get out of equities almost entirely, get a SPIA, focus on TIPS, etc. there are a dozen different answers.
by ERMD
Sat Mar 29, 2014 6:31 am
Forum: Personal Investments
Topic: Bob Brinker portfolio
Replies: 50
Views: 20597

Re: Bob Brinker portfolio

yikes.. -- all equities 10 years from retirement is pretty risky -- akre focus ER 1.36. what the hell is that doing amidst those lovely vanguard funds? -- international is a bit under weighted but that's more personal preference -- also, i might be wrong, but i think there's some domestic equity ove...
by ERMD
Sat Mar 22, 2014 8:47 pm
Forum: Investing - Theory, News & General
Topic: FutureAdvisor reducing exposure to US equities
Replies: 10
Views: 2039

Re: FutureAdvisor reducing exposure to US equities

there's only so many ways you can tell people to "pick an allocation and stay the course." if you want to churn out books, blog posts and newsletters, you have to have something new and interesting to talk about, ad nauseam.
by ERMD
Sat Mar 22, 2014 7:41 pm
Forum: Personal Investments
Topic: 20 year old need help with international exposure
Replies: 9
Views: 777

Re: 20 year old need help with international exposure

you'll only get 5.5k max per year in your roth. the way you divvy your international funds in such a small pool doesn't make as much of a difference.

i'd probably just stick with vxus out of those choices. in my own portfolio, all of my international funds are in one place (VFWSX).
by ERMD
Thu Mar 20, 2014 8:50 pm
Forum: Investing - Theory, News & General
Topic: Higher Returns at Lower Risk - please comment
Replies: 59
Views: 8825

Re: Higher Returns at Lower Risk - please comment

Garland, Professional investors have known the existence of the small value stock premium for many decades, although many seem to be in denial or try to downplay it. Vanguard doesn't want to talk about it, certainly not to me. John Bogle avoids to talk about it in his Common Sense on Mutual Funds. ...
by ERMD
Thu Mar 20, 2014 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: Do you have a financial advisor?
Replies: 37
Views: 3762

Re: POLL: Do you have a financial advisor?

my financial advisor is john "muggsy" boges.
by ERMD
Wed Mar 19, 2014 3:15 pm
Forum: Investing - Theory, News & General
Topic: Tilters: how much would you pay for a tilt?
Replies: 21
Views: 3336

Re: Tilters: how much would you pay for a tilt?

in order to tilt, i split domestic equities 50/50 between viiix (s&p index, ER 0.02(!!!) and vieix (ER 0.12). believe it or not, i never gave this discrepancy a lot of thought, since 0.02 is so ridiculously low i feel like i should be paying a few BP more for it anyway. but now i wonder if 10 BP ove...
by ERMD
Tue Mar 18, 2014 1:32 pm
Forum: Investing - Theory, News & General
Topic: Crash Alert System and the Secret Wall Street Calendar
Replies: 2
Views: 2352

Crash Alert System and the Secret Wall Street Calendar

sometimes, the noise is comedic: http://www.moneynews.com/MKTNews/Stock-market-recession-alert/2014/02/03/id/550641/ i know, it's pretty hard for most of us to take this seriously. but i happened upon this as a legitimate looking link from a CNN-Money article on safe withdrawal rates. my favorite qu...
by ERMD
Mon Mar 17, 2014 8:17 pm
Forum: Investing - Theory, News & General
Topic: The Intelligent Investor
Replies: 27
Views: 4920

Re: The Intelligent Investor

shifting your AA by 50% (absolute) back and forth based on developing market conditions guarantees you are buying stocks on the way up and selling them on the way down. i wondered about this very issue recently, although with less dramatic shifts in my AA; i was wrong then, and this is wrong now.
by ERMD
Sun Mar 16, 2014 4:39 pm
Forum: Investing - Theory, News & General
Topic: Population Decline and International Exposure
Replies: 19
Views: 2301

Re: Population Decline and International Exposure

there are teams of financiers who sit around desks and computer screens all day thinking about what the world is going to look like, demographically and economically, in the next 25, 50, 100 years. that information, like everything else, is built-in to the price of international equities.
by ERMD
Sun Mar 16, 2014 10:28 am
Forum: Investing - Theory, News & General
Topic: Green Bogleheads discussing Target Stock
Replies: 36
Views: 3680

Re: Green Bogleheads discussing Target Stock

Leeraar wrote: I was very fortunate to actually make some money while learning that I do not have the temperament for individual stocks.
there are two times in a man's life when he should not speculate: when he can't afford it, and when he can. -- mark twain
by ERMD
Sat Mar 15, 2014 10:24 pm
Forum: Investing - Theory, News & General
Topic: Can I beat 2.75% guaranteed via mortgage paydown?
Replies: 73
Views: 7180

Re: Can I beat 2.75% guaranteed via mortgage paydown?

is 2.75 factoring your mortgage interest deduction? if not, your effective mortgage rate may be lower (i.e. our 4.125% mortgage is effectively 2.8%, considering our state and federal tax rates.) if your effective rate is close to 2% (or less), you can really make a case for making the standard requi...
by ERMD
Sat Mar 15, 2014 10:20 pm
Forum: Investing - Theory, News & General
Topic: Reconciling 'Past Performance' Data
Replies: 7
Views: 1204

Re: Reconciling 'Past Performance' Data

yeah.. mostly they're frowning on using historical data from an individual stock or actively managed fund to say, "ah ha! here's where you can beat market returns." as far as the market itself.. past performance has a little more prognostic value.
by ERMD
Sat Mar 15, 2014 11:42 am
Forum: Personal Investments
Topic: 529s and overfunding
Replies: 23
Views: 1962

Re: 529s and overfunding

also, keep in mind that although the "worst case scenario" penalties are steep (10%, plus being taxed as ordinary income), this only applies to earnings. you can pull the principal, at any time, with no penalty. Are you suggesting that one can take a distribution that only includes principal? no, i...
by ERMD
Sat Mar 15, 2014 10:22 am
Forum: Personal Investments
Topic: 529s and overfunding
Replies: 23
Views: 1962

Re: 529s and overfunding

i recently posted about 529 monthly payments for estimated college tuition in 18 years, based on a variety of assumptions. i'll emphasize a few points above: -- the money can be used for graduate education (including law/med/pharmacy school, etc.) -- the money can be transferred to other individuals...
by ERMD
Thu Mar 13, 2014 10:14 pm
Forum: Investing - Theory, News & General
Topic: Green Bogleheads discussing Target Stock
Replies: 36
Views: 3680

Re: Green Bogleheads discussing Target Stock

to summarize the above points: what do you know about Target that the market didn't figure out yesterday? as far as investing goes, forget about it. now, on the other hand, if you have a few sheqels that you're going to throw at the ponies or March Madness anyway, and you want to gamble on Target, g...
by ERMD
Thu Mar 13, 2014 10:05 pm
Forum: Personal Investments
Topic: Large capital gain this year
Replies: 81
Views: 6883

Re: Large capital gain this year

also, i still don't see how picking individual stocks, with the notion that, worst case scenario, you'll harvest the losers to offset your recent LTG, is still preferable to taking the 125k and putting it in VTSMX for the next 25 years.
by ERMD
Thu Mar 13, 2014 9:57 pm
Forum: Personal Investments
Topic: Large capital gain this year
Replies: 81
Views: 6883

Re: Large capital gain this year

Question for ERMD: Where did "correlating at ~30%" come from? you noted that your stocks would be highly correlated to the market, so that underperforming in a down market (the example floated earlier, with ýour stocks down 40% in a market down 30%) wouldn't be a risk. i was merely noting that bein...
by ERMD
Thu Mar 13, 2014 2:58 pm
Forum: Personal Investments
Topic: What's a reasonable composite expense ratio?
Replies: 62
Views: 5898

Re: What's a reasonable composite expense ratio?

0.08, all institutional vanguard funds in my 401k.

VIIIX, VIEIX, VBMPX, VFWSX.