Search found 8368 matches

by grok87
Sat Aug 04, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with Mom’s Retirement Income
Replies: 34
Views: 3850

Re: Need Help with Mom’s Retirement Income

Someone else should weigh in on this, but I am thinking that it might make sense to roll over an amount to an IndividualRetirementAnnuity SPIA with your IRA money rather than selling and paying tax on the taxable account to buy a SPIA. The SPIA amount would be taken out of the RMD calculation and t...
by grok87
Sat Aug 04, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Bloomberg commodities index still in contango
Replies: 88
Views: 8104

Re: Bloomberg commodities index still in contango

still not time to invest in commodities. https://data.bloomberglp.com/promo/sites/12/242616_BCOM-August2018Outlook.pdf see page 15. broad commodities index is in contango of -3.6% which is 1.4% points worse than where it was last month. that being said i still think the situation is worth monitoring...
by grok87
Sat Aug 04, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Costco auto buying service is USELESS!
Replies: 43
Views: 27352

Re: Costco auto buying service is USELESS!

:confused I asked CostCo if this was just a referral service where the dealers kick back a fee to CostCo and the person I was talking to told me that they do not know how it works. I called the official dealer told me that they take $2,500 off of the official sticker price for CostCo members. But t...
by grok87
Fri Aug 03, 2018 4:39 am
Forum: Investing - Theory, News & General
Topic: Respect the Magical Power of Mean Reversion
Replies: 20
Views: 2207

Re: Respect the Magical Power of Mean Reversion

tell that to the japanese investors from 1990 Getting back to the subject of investment reutrns, Japanese who had a global portfolio did OK since 1989. The blog post that seemed to inspire the thread title was based on the idea of getting global exposure and not being overly-concentrated in one nat...
by grok87
Fri Aug 03, 2018 4:29 am
Forum: Investing - Help with Personal Investments
Topic: Payoff rental property or invest in the market
Replies: 15
Views: 1503

Re: Payoff rental property or invest in the market

for a lot of people though is suspect mortgage interest may not really be deductible anymore. with the standard mfj deduction at $24 k and state and local taxes capped at $10k, you need $14k of interest to get over the standard deduction. at a 4% interest rate that is a $350k mortgage. Not applicab...
by grok87
Thu Aug 02, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff rental property or invest in the market
Replies: 15
Views: 1503

Re: Payoff rental property or invest in the market

for a lot of people though is suspect mortgage interest may not really be deductible anymore. with the standard mfj deduction at $24 k and state and local taxes capped at $10k, you need $14k of interest to get over the standard deduction. at a 4% interest rate that is a $350k mortgage.
by grok87
Thu Aug 02, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: Respect the Magical Power of Mean Reversion
Replies: 20
Views: 2207

Re: Respect the Magical Power of Mean Reversion

tell that to the japanese investors from 1990 https://en.wikipedia.org/wiki/Lost_Decade_(Japan) The Lost Decade or the Lost 10 Years (失われた十年 Ushinawareta Jūnen) is a period of economic stagnation in Japan following the Japanese asset price bubble's collapse in late 1991 and early 1992. The term orig...
by grok87
Wed Aug 01, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22851

Re: Vanguard to offer non-Vanguard ETFs commission-free

stlutz wrote:
Wed Aug 01, 2018 7:13 pm
In related news, Fidelity has dramatically expanded their list of free iShares ETFs to 240.

https://www.fidelity.com/bin-public/060 ... e-ETFs.pdf
i'm guessing many of the fidelity etfs and some of the ishares ones are actively managed.
by grok87
Tue Jul 31, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: What is meaning of identical yield on 5yr and 10yr TIPS ?
Replies: 13
Views: 1416

Re: What is meaning of identical yield on 5yr and 10yr TIPS ?

well the inverted (real) yield curve is here. 5 year tips yield 0.84% and 10 year tips 0.83%

https://www.bloomberg.com/markets/rates ... t-bonds/us
by grok87
Mon Jul 30, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: Vgd alt strategies fund (vasfx) open to retail investors?
Replies: 23
Views: 2003

Re: Vgd alt strategies fund (vasfx) open to retail investors?

A lot of people have that much in retirement accounts and could switch to this fund with no tax implications. Cannot imagine I would want an alt strategy fund and sure I would not pay 0.79% expense ratio for any fund. Maybe if there is someday an alt index fund with a single digit expense ratio... ...
by grok87
Sun Jul 29, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: Help With Bonds.
Replies: 2
Views: 389

Re: Help With Bonds.

I'm currently new to investing and I have a question about bonds. So, I know that if market interest rates go down the value of the bond goes up same for the opposite but what would happen if the value of the bond is below par value at the date of maturity or is higher than the par value because do...
by grok87
Sun Jul 29, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4530

Re: Is the 4% rule/ index funds flawed?

What wrong with 1990? A great year to retire for 4% rule. You get the run up of the 90's ( of which 2000 was a correction) and only a "little" blip in 2008. Iraq invaded Kuwait in July 1990, causing oil prices to increase. The Dow dropped 18% in three months, from 2,911.63 on July 3 to 2,381.99 on ...
by grok87
Sun Jul 29, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 4020

Re: REITs - 20% Qualified Income Deduction

The IRS is supposed to issue guidance on pass-through business income this summer. I hope the guidance addresses REITS as well as business income. Hi jebmke - I am curious is the additional guidance from the IRS will address whether the 20% pass through deduction will apply to individual REITs and ...
by grok87
Sun Jul 29, 2018 7:53 am
Forum: Investing - Theory, News & General
Topic: Vgd alt strategies fund (vasfx) open to retail investors?
Replies: 23
Views: 2003

Re: Vgd alt strategies fund (vasfx) open to retail investors?

Doesn't seem available - tried to Add another Vanguard mutual fund to my Roth and VASFX didn't show. When Select from a list of our funds / Fund minimum $25,000 and up , only VUSXX, VPGDX, and VMNFX did. Interesting. Try calling. My experience in buying vmnfx some years ago was that I needed to cAl...
by grok87
Sat Jul 28, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Zvi Bodie interview (dc dimensions)
Replies: 8
Views: 1080

Re: Zvi Bodie interview (dc dimensions)

I really like a lot of Bodie's ideas. I'm always scanning or getting a pulse for recommended portfolios by age by investment professionals such as CFAs. Very typical is for a 30 or 40 something to have 70-80% equities. My thought is that while that may make sense mathematically, I think the average...
by grok87
Sat Jul 28, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vgd alt strategies fund (vasfx) open to retail investors?
Replies: 23
Views: 2003

Re: Vgd alt strategies fund (vasfx) open to retail investors?

AQR seems to utilize much higher leverage than this fancy Vanguard fund. they need to get over their higher fee hurdle. higher leverage = higher returns but also higher risk. usually the increase in risk is more than the increase in return. Like your risk doubles but your expected return goes up ma...
by grok87
Sat Jul 28, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Plumbing emergency: Guillens for parts? Has anybody used?
Replies: 14
Views: 1030

Re: Plumbing emergency: Guillens for parts? Has anybody used?

Hi Bogleheads, I need a discontinued plumbing part (shower) quickly and the only site i can find that claims to have it is Guillens.com http://www.guillens.com/ Has anybody used them? The reviews are a bit mixed. Apparently they are in Miami Florida and have some sort of showroom/store physical pre...
by grok87
Sat Jul 28, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Plumbing emergency: Guillens for parts? Has anybody used?
Replies: 14
Views: 1030

Re: Plumbing emergency: Guillens for parts? Has anybody used?

Do you have an old fashion "supply house" near by? I've one about 11 minutes away... http://www.finkles.com/ A visit is a trip back in time. It has wooden floors and when you walk in the door you take a reusable number (not a piece of paper). Someone has to help you as everything is shelved floor t...
by grok87
Sat Jul 28, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Plumbing emergency: Guillens for parts? Has anybody used?
Replies: 14
Views: 1030

Re: Plumbing emergency: Guillens for parts? Has anybody used?

runner3081 wrote:
Sat Jul 28, 2018 10:37 am
Can you wait a few days? Maybe eBay?
good idea. i did try ebay and no luck.

is your idea that ebay would be safer to purchase from?
by grok87
Sat Jul 28, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Vgd alt strategies fund (vasfx) open to retail investors?
Replies: 23
Views: 2003

Re: Vgd alt strategies fund (vasfx) open to retail investors?

A lot of people have that much in retirement accounts and could switch to this fund with no tax implications. Cannot imagine I would want an alt strategy fund and sure I would not pay 0.79% expense ratio for any fund. Maybe if there is someday an alt index fund with a single digit expense ratio... ...
by grok87
Sat Jul 28, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Plumbing emergency: Guillens for parts? Has anybody used?
Replies: 14
Views: 1030

Re: Plumbing parts: Guillens? Has anybody used?

I've never used them but google maps certainly does show a physical store. I have been in a similar situations using the web and finding outlets I've never heard of or have questionable reviews. I've sometimes have had to call to verify the model/part numbers and have had no issues by doing so and ...
by grok87
Sat Jul 28, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: Plumbing emergency: Guillens for parts? Has anybody used?
Replies: 14
Views: 1030

Plumbing emergency: Guillens for parts? Has anybody used?

Hi Bogleheads, I need a discontinued plumbing part (shower) quickly and the only site i can find that claims to have it is Guillens.com http://www.guillens.com/ Has anybody used them? The reviews are a bit mixed. Apparently they are in Miami Florida and have some sort of showroom/store physical pres...
by grok87
Sat Jul 28, 2018 7:52 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 209
Views: 32516

Re: My Favorite Alternative Funds

Your post is why I asked, grok - I'm pretty interested. got it. currently i own the vanguard market neutral fund (vmnfx) in taxable. VASFX is a higher hurdle for me as i would want to hold in a tax sheltered account. I have very little space available in tax sheltered as that is where i put my long...
by grok87
Sat Jul 28, 2018 6:39 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 209
Views: 32516

Re: My Favorite Alternative Funds

james22 wrote:
Sat Jul 28, 2018 6:15 am
james22 wrote:
Tue Sep 12, 2017 3:50 am
How attractive would you find VASFX if made available, grap?

Sure would like to think they'll offer it as they do VMNFX soon.
grap?
vasfx is apparently open to retail investors now
viewtopic.php?t=255026
anybody diving in?
by grok87
Sat Jul 28, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: impact of risk - not what I thought!
Replies: 4
Views: 700

Re: impact of risk - not what I thought!

I'm trying to understand the impact of risk. I'm using the Flexible Retirement Planner that allows one to run a multitude of scenarios with various input. One input being allocation to S/B and with different risks or return rates along with standard deviations. I'm 47 looking to retire at 57 to 60i...
by grok87
Sat Jul 28, 2018 5:11 am
Forum: Investing - Help with Personal Investments
Topic: impact of risk - not what I thought!
Replies: 4
Views: 700

Re: impact of risk - not what I thought!

I'm trying to understand the impact of risk. I'm using the Flexible Retirement Planner that allows one to run a multitude of scenarios with various input. One input being allocation to S/B/I and with different risks or return rates along with standard deviations. I'm 47 looking to retire at 57 to 6...
by grok87
Fri Jul 27, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Zvi Bodie interview (dc dimensions)
Replies: 8
Views: 1080

Re: Zvi Bodie interview (dc dimensions)

I really like a lot of Bodie's ideas. I'm always scanning or getting a pulse for recommended portfolios by age by investment professionals such as CFAs. Very typical is for a 30 or 40 something to have 70-80% equities. My thought is that while that may make sense mathematically, I think the average...
by grok87
Fri Jul 27, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: Zvi Bodie interview (dc dimensions)
Replies: 8
Views: 1080

Re: Zvi Bodie interview (dc dimensions)

Grt2bOutdoors wrote:
Fri Jul 27, 2018 8:20 am
When is he publishing the new book?
all i know is what he said in the first quote
by grok87
Fri Jul 27, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1669

Re: Pension-Lump Sum or Monthly Payments?

Just based on the numbers. Ie the yearly pension payout vs what you could buy as an insurance company annuity with the lump sum, it is almost always better to stick with the pension. Another issue is that the pension will be federally guaranteed up to pbgc limits. The annuity would have a state guar...
by grok87
Fri Jul 27, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity- Lincoln Level Advantage Indexed variable annuity
Replies: 17
Views: 1392

Re: Annuity- Lincoln Level Advantage Indexed variable annuity

Thanks for all the responses. I am trying to be a DIY Investor and was looking for better safe Investments for the $500k + Cash I have a accumulated. I was looking at Annuities mainly because of the capital protection since I am 60 now. I then started looking in to making my own Structured Investme...
by grok87
Fri Jul 27, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4530

Re: Is the 4% rule/ index funds flawed?

The US wasn't the best market to invest in (Sweden, Australia, and South Africa all beat it out, if I remember). But it was certainly in the top performers. Looking at other markets during the 20th century is a hard thing to interpret. ... My sense is that, for the cases/countries where something l...
by grok87
Fri Jul 27, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Zvi Bodie interview (dc dimensions)
Replies: 8
Views: 1080

Re: Zvi Bodie interview (dc dimensions)

I like his adjective “essential” in the last paragragh.
That’s why I’m my 3 legged stool approach I target 50% of pre-retirement income.


viewtopic.php?f=10&t=245377

Cheers
Grok
by grok87
Fri Jul 27, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Why does VGSLX hold Van R.E. Index II Fund
Replies: 4
Views: 463

Re: Why does VGSLX hold Van R.E. Index II Fund

I do a major check of my holdings twice per year (usually 6/30 and 12/31). I noticed that VGSLX Vanguard Real Estate Index Fund (Admiral) and VNQ their ETF both hold the Vanguard Real Estate II Index Fund as 10% of their holdings. The top 10 holdings of each overlap heavily (though there are slight...
by grok87
Fri Jul 27, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 30
Views: 3103

Re: Vanguard Managed Payout Fund

Based on the 6/30 holdings the vanguard managed payout fund is currently allocated 55/20/25 stocks/bonds/alternatives

Stocks
Us: 21.5%
Intl 33.5%

Bonds
Us bonds 14%
Intl bonds 6%

Alts
Vang alt strategies 12.5%
Commodities 7.5%
Mkt neutral 5%

Cheers
Grok
by grok87
Fri Jul 27, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group
Replies: 45
Views: 7615

Re: Fidelity Private Client Group

My relationship manager has been very useful in helping me to connect with the specialists within Fidelity when I wanted information or assistance. He helped set up some processes that were pretty unique to my situation. When I ask him for free trades, he throws me some bones. I suspect that when I...
by grok87
Thu Jul 26, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Zvi Bodie interview (dc dimensions)
Replies: 8
Views: 1080

Zvi Bodie interview (dc dimensions)

Thought folks might be interested in some quotes. Couldn’t find an online version of the article. On publishing a revised edition of worry-free investing: “The risks facing retirement plan savers and thus the private retirement system have not changed much since 2008. In the revised edition I plan t...
by grok87
Thu Jul 26, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Service that reviews CCRC financials? [Continuing Care Retirement Community]
Replies: 12
Views: 1211

Re: Service that reviews CCRC financials?

BolderBoy wrote:
Thu Jul 26, 2018 1:36 pm
CCRC?
Continuing care retirement community
by grok87
Thu Jul 26, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 15736

Re: Why is leveraging property good but leveraging stocks bad?

Some would say that "madness" is forgoing the opportunity to diversify away an identifiable source of risk, and I happen to agree with them. Leverage is just a financial tool, like any other tool we have. It comes with pros and cons, and is right for some jobs and not for others. A circular saw mak...
by grok87
Thu Jul 26, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Service that reviews CCRC financials? [Continuing Care Retirement Community]
Replies: 12
Views: 1211

Re: Service that reviews CCRC financials?

I'm helping a friend look for a CCRC and I want to move into a CCRC sometime in the future. Do you know of a good service that can evaluate a CCRC's finances so we can be better assured there is enough capital so a CCRC is highly unlikely to go out of business when we really need it later? Thanks f...
by grok87
Thu Jul 26, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group
Replies: 45
Views: 7615

Re: Fidelity Private Client Group

My relationship manager has been very useful in helping me to connect with the specialists within Fidelity when I wanted information or assistance. He helped set up some processes that were pretty unique to my situation. When I ask him for free trades, he throws me some bones. I suspect that when I...
by grok87
Thu Jul 26, 2018 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Low Cost Commodities Investments?
Replies: 7
Views: 633

Re: Low Cost Commodities Investments?

I am wanting invest in commodities long term, and would preferably like to do it with an index fund like vanguard with low fees that I could set and forget, any recommendations? Specifically I am wanting to invest in agriculture, mainly coffee, possibly wheat and sugar possibly others. See this thr...
by grok87
Thu Jul 26, 2018 6:35 am
Forum: Investing - Theory, News & General
Topic: Bloomberg commodities index still in contango
Replies: 88
Views: 8104

Re: Bloomberg commodities index still in contango

July report is out https://data.bloomberglp.com/professional/sites/10/Bloomberg-Commodity-Outlook-July1.pdf See page 18 for backwardation/contango Broad index still in contango at -2.3% Ie still not time to invest in commodities yet. But energy in backwardation at 6% Livestock also at +4.1% Rest in ...
by grok87
Thu Jul 26, 2018 5:30 am
Forum: Personal Consumer Issues
Topic: How early to get to an airport (JFK specifically) for domestic flight
Replies: 21
Views: 1697

Re: How early to get to an airport (JFK specifically) for domestic flight

Leave home at departure time - 45 min - (avg travel time to airport)+n*(standard deviation) - (avg security wait time)+n*(standard deviation) n > 0 is a number chosen according to your tolerance for drama. If you feel lucky use n < 0. I had to hand my laptop to my GF to read these 2 posts hahahaha ...
by grok87
Wed Jul 25, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 4020

Re: REITs - 20% Qualified Income Deduction

This article makes it easier for me to think through and I agree that the income limits only appear to apply in particular situations related to certain trades and businesses and not to REIT dividends. http://publications.ruchelaw.com/news/2018-02/TCJA-Entity-Selection-QBI.pdf THanks Pajamas, that'...
by grok87
Wed Jul 25, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: How early to get to an airport (JFK specifically) for domestic flight
Replies: 21
Views: 1697

Re: How early to get to an airport (JFK specifically) for domestic flight

Leave home at departure time - 45 min - (avg travel time to airport)+n*(standard deviation) - (avg security wait time)+n*(standard deviation) n > 0 is a number chosen according to your tolerance for drama. If you feel lucky use n < 0. your formula is interesting. mine would be slightly different: d...
by grok87
Wed Jul 25, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 4020

Re: REITs - 20% Qualified Income Deduction

A relevant part of the law is COMBINED QUALIFIED BUSINESS INCOME AMOUNT. —For purposes of this section— (1) IN GENERAL.—The term ‘combined qualified business income amount’ means, with respect to any taxable year, an amount equal to— (A) the sum of the amounts determined under paragraph (2) for eac...
by grok87
Wed Jul 25, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 4020

Re: REITs - 20% Qualified Income Deduction

I also am not completely sure.

:beer

But having reread the article I thought that reits and ptps were special and not subject to the phaseout
by grok87
Wed Jul 25, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: How early to get to an airport (JFK specifically) for domestic flight
Replies: 21
Views: 1697

Re: How early to get to an airport (JFK specifically) for domestic flight

In reality, how early do I need to arrive for a domestic flight? It's at 3:15 PM, I believe boarding starts at 2:30. We'll check-in online, and only have carry-on. Thanks! The problem is security is unpredictable. The airlines tell you arrive 2 hours before your flight. My rule is to arrive 1 hour ...