Search found 304 matches

by sandramjet
Sun Mar 03, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 1524
Views: 126777

Re: My trend following strategy and experience

The UK stock market's over 80 per cent real drop 1973 to 1975 was an impressive demonstration of how bad things can get. I'm not at all convinced that I could hold on to equities through an 88% drawdown (I believe that was the max drawdown in the Great Depression). Frankly, I'm really not sure how ...
by sandramjet
Thu Feb 28, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Does great grandma need the great grandkid's SSN?
Replies: 22
Views: 2569

Re: Does great grandma need the great grandkid's SSN

Perhaps she wants to set up an account like a 529? I had to get my grandchildren's SSN to establish a 529 for them. As for the protection, just ask her to be sure to destroy it when done... In reality, I doubt most people have their SSN number stolen by having it written on a slip of paper in Grandm...
by sandramjet
Thu Feb 21, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: rebalancing during decumulation phase
Replies: 61
Views: 5122

Re: rebalancing during decumulation phase

Yes, sorry for the wrong attribution...

I agree that the optimization objective may not be what one might think, and that can certainly lead to unexpected results. As I suggested, this is one of the "dangers" of using optimizers.
by sandramjet
Thu Feb 21, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: rebalancing during decumulation phase
Replies: 61
Views: 5122

Re: rebalancing during decumulation phase

I don't think this is really a matter of optimization as much as it is a quirk in how i-ORP works. You have only equities in taxable. Tax-deferred is in tIRA. You also most likely gave i-ORP (or used their defaults) expected returns that are higher for equities than it is for fixed income. i-ORP lo...
by sandramjet
Tue Feb 19, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2224

Re: Effective tax rate

IMO this is way to much work for a number that really doesn't mean much. If you are going to include all taxes you paid, did you include all the gas tax you may have paid? Or excise taxes on alcohol purchases (in some areas...), hotel taxes when you traveled, or maybe VAT taxes in some countries, et...
by sandramjet
Thu Feb 07, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Is Long Term Care Insurance worth it?
Replies: 318
Views: 14646

Re: Is Long Term Care Insurance worth it?

MJC: Do you sell LTC insurance or underwrite it? WOW: I've written a book on the topic. Perhaps I'm dense, but that does not seem like an answer to the question. Any chance you can answer, yes or no, to the questions? Nobody asked if you wrote a book. Why is it so hard to answer questions directly?...
by sandramjet
Thu Feb 07, 2019 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Is Long Term Care Insurance worth it?
Replies: 318
Views: 14646

Re: Is Long Term Care Insurance worth it?

MJC: Do you sell LTC insurance or underwrite it? WOW: I've written a book on the topic. Perhaps I'm dense, but that does not seem like an answer to the question. Any chance you can answer, yes or no, to the questions? Nobody asked if you wrote a book. Why is it so hard to answer questions directly?...
by sandramjet
Sun Feb 03, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1054
Views: 331517

Re: Retiree Portfolio Model

I seem to have entered what I know, where it should go ...... but, it is interesting if I enter $55,000 for expenses my models goes "negative" in 3 years. However, if I enter $50,000 it will last for 40 years ......... somehow that doesn't seem that it could be accurate ? or perhaps I've ...
by sandramjet
Sat Feb 02, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Just did my taxes.
Replies: 38
Views: 2901

Re: Just did my taxes.

And I can say, the new law was not kind to me. Not kind to us as well. We got hit with an 80% increase in income taxes despite having about the same income. Considering some of your past posts on paying essentially no taxes on relatively high income, does this mean your taxes went from $1.00 to 1.8...
by sandramjet
Thu Jan 31, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Deductibility on Vacation home in LLC
Replies: 4
Views: 483

Interest Deductibility on Vacation home in LLC

My 3 siblings and I may be inheriting from our parent a vacation home that is owned by an LLC. There is no rental income, the house is for personal family use only. The only "income" would be the money we all contribute to cover the expenses (maintenance and taxes, etc). My question is whe...
by sandramjet
Thu Jan 31, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 12408

Re: Were you 100% debt free at retirement

snackdog wrote: Thu Jan 31, 2019 1:22 pm I have no intention of ever being debt free. I am too happy using other people's money as my own! And just because one retires doesn't mean one needs to stop using money and debt intelligently to preserve and continue to build wealth.
+1
by sandramjet
Tue Jan 29, 2019 12:43 am
Forum: Investing - Theory, News & General
Topic: An emergency fund cautionary tale
Replies: 89
Views: 12474

Re: An emergency fund cautionary tale

The article has a link to the study https://www.federalreserve.gov/2015-report-economic-well-being-us-households-201605.pdf And I found it interesting in reading the report they found 68 percent of all respondents report that they would be prepared for a three-month financial disruption. which was ...
by sandramjet
Mon Jan 28, 2019 12:02 pm
Forum: Personal Investments
Topic: College 529 Plan - Change from Moderate to Conservative?
Replies: 16
Views: 1036

Re: College 529 Plan - Change from Moderate to Conservative?

Of course, age is not the only factor. Wealth, expenses, and general risk tolerance will all matter. My point exactly. The comment was that assuming one has "just about enough to live on". Regardless of age, if you have just enough to live on, you can't "spread the loss" -- and ...
by sandramjet
Mon Jan 28, 2019 11:30 am
Forum: Personal Investments
Topic: College 529 Plan - Change from Moderate to Conservative?
Replies: 16
Views: 1036

Re: College 529 Plan - Change from Moderate to Conservative?

An old person who has just about enough to live on can't take on risk. Seems like this is "mental accounting" with respect to something other than money. What does age have to do with this? Whether you can take risk depends on your financial situation and future situation, not your age.
by sandramjet
Fri Jan 18, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1054
Views: 331517

Re: Retiree Portfolio Model

A couple of notes... 1) yes, the spreadsheet can have a steep learning curve, because it does have lots of options. But I found I learned a lot by trying out things and looking to see what it was doing. So I encourage you to keep trying, and coming back for help if needed, just for the education fac...
by sandramjet
Tue Jan 15, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: End of an era - Boeing 727
Replies: 35
Views: 2738

Re: End of an era - Boeing 727

And got off the ground really quick on takeoff? I thought it was the 707 that basically went vertical immediately after takeoff??? It seemed that way at the time, but in reality, the current big twins (777, 787) can really climb much faster than these planes. The engines on the twins are powerful e...
by sandramjet
Sun Jan 13, 2019 8:46 pm
Forum: Personal Consumer Issues
Topic: [Peter Jackson’s “They shall not grow old” - streaming on HBO]
Replies: 94
Views: 13724

Re: Encore performance Jan. 21: Peter Jackson’s “They shall not grow old”

I've been trying for 2 hours to get a response from website... it won't let me pay online?? Anyone else having these issues?
by sandramjet
Fri Jan 11, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 36
Views: 3604

Re: Roth conversion

I was planning on doing this but if I do, it would push me over the limit for getting the AOTC benefits... I can't justify the impact of giving up that credit.
by sandramjet
Fri Jan 04, 2019 8:18 pm
Forum: Personal Consumer Issues
Topic: master suite features for addition
Replies: 66
Views: 4259

Re: master suite features for addition

Heated floors in the shower/bath area. Way better than stepping onto cold floors!
by sandramjet
Wed Jan 02, 2019 1:31 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Uniform Returns -- December 2018
Replies: 7
Views: 3429

Re: Bogleheads Uniform Returns -- December 2018

I guess I'm confused about what the point of this is? Why do I care what other people's portfolio returns might be? Portfolio's are uniquely personal, IMHO.
by sandramjet
Thu Dec 27, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1054
Views: 331517

Re: Retiree Portfolio Model

Just wondering if you have any thoughts on the best way to model some of the less common tax events... in my case specifically, looking at how to model the impact of the American Opportunity Tax Credit, which provides a credit of up to $2500 if you have appropriate college expenses of $4000 or more,...
by sandramjet
Thu Dec 27, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Another take on international vs S&P 500
Replies: 17
Views: 1558

Re: Another take on international vs S&P 500

First of all, welcome to the forum. I apologize and will not post again Please don't feel you can't post again. This site has a wealth of information, and despite the fact that some folks tend to "bite the newcomers" I encourage you to continue to try to use the information and collective ...
by sandramjet
Wed Dec 26, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: 96 percent of stocks are no better then TBills
Replies: 51
Views: 8873

Re: Hendrik Bessembinder paper, active over passive?

Hindsight is 20/20. The trick is finding out which stocks will perform like that over the next lifetime to match those returns...
by sandramjet
Thu Dec 06, 2018 6:07 pm
Forum: Personal Investments
Topic: Am I calculating the marginal tax rate correctly here?
Replies: 5
Views: 986

Re: Am I calculating the marginal tax rate correctly here?

Sorry if this is a "detour" but I have a question about how to correctly calculate marginal rates as well. In particular, for the case where you will qualify for the American Opportunity Tax Credit (assume up to the full amount of credit ... 2500), it seems like having this is equivalent t...
by sandramjet
Fri Nov 02, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: The biggest rallies in stocks have happened during the worst times to be invested
Replies: 15
Views: 2504

Re: The biggest rallies in stocks have happened during the worst times to be invested

Funny, I don't think these are the worst times to be invested ... I was buying like mad in 2007/2008 ... it has worked out pretty well so far.
by sandramjet
Fri Nov 02, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2667

Re: Model 3 Mid-Range or Volt

For a 65 miles commute, I would recommend a Chevrolet Bolt rather than a Volt. We also have one in our household. I prefer it to the Volt. My husband drives it. I agree with this. I have a Bolt, and it routinely gets between 190-220 miles on a single charge, depending on weather, drive conditions, ...
by sandramjet
Wed Oct 17, 2018 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 10737

Re: Long-term Care Insurance

The last time I priced one was for a woman in her early 80's and her life expectancy was 8 years. The total payouts over the 8 year period were LESS THAN the single premium deposit. That was NOT a typo. The total payments over 8 years was LESS than the single premium deposit. (That is why I said th...
by sandramjet
Tue Oct 09, 2018 10:28 pm
Forum: Investing - Theory, News & General
Topic: Does the Boglehead ever see a unique opportunity for investment?
Replies: 17
Views: 1937

Re: Does the Boglehead ever see a unique opportunity for investment?

Just wondering if any dedicated BH types have actually placed a big bet with a bigger potential payoff. Not really a "big" bet ... I did invest in a private placement in my brother's internet company. Was small enough that I could afford to lose all of it, but fortunately, it won enough t...
by sandramjet
Wed Oct 03, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Flattening yield curve
Replies: 55
Views: 5687

Re: FLATTENING YIELD CURVE

I'm sure this is leading to a recession... problem is, I have no idea when or for how long or how bad...
by sandramjet
Wed Oct 03, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: not married in community property state
Replies: 9
Views: 1113

Re: not married in community property state

They lived in NY state. This summer Dee up and moved her and her children to California a community property state. I am a cynic and my mind automatically jumps to financial reasons for her to want to do this? Maybe she just likes the weather better there. Not everyone does things just for financia...
by sandramjet
Mon Oct 01, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 7412

Re: Why is Home Part of NW [Net Worth]

Jags4186 wrote: Mon Oct 01, 2018 10:28 am
Net worth just isn't that useful of a number other than for estate planning purposes.
+1

I compute my net worth including house etc because it potentially impacts my estate planning. I ignore it for everything else.
by sandramjet
Wed Sep 26, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Do I really need a CPA to do taxes for LLC?
Replies: 13
Views: 1509

Re: Do I really need a CPA to do taxes for LLC?

Thanks for the advice and insights. With a regard to the comments about trusts... 3. As somebody else noted before, a trust would probably be better, since this seems more like personal property and there is no profit motive. Though personally, I would use a trust for this. Can you elaborate more on...
by sandramjet
Tue Sep 25, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: What do folks use for long-term forecasting of their personal finances?
Replies: 24
Views: 2726

Re: What do folks use for long-term forecasting of their personal finances?

I have used the Retiree Portfolio Model spreadsheet posted by BigFoot48. I think it's pretty comprehensive and flexible. You can use it to do “what if” scenarios. I also like the fact that, in addition to the Results information, it provides worksheets with the detailed information that allows me t...
by sandramjet
Tue Sep 25, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a CPA to do taxes for LLC?
Replies: 13
Views: 1509

Re: Do I really need a CPA to do taxes for LLC?

My wife and I have always done our own taxes, even when she had businesses. However, she is now part of an LLC with siblings and they hire a CPA. She prepares all the information, but the CPA does the taxes. Partly this is because she is the youngest (at almost 60), but also because some in-laws ma...
by sandramjet
Tue Sep 25, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a CPA to do taxes for LLC?
Replies: 13
Views: 1509

Re: Do I really need a CPA to do taxes for LLC?

Bumping this in hopes someone will offer some advice/insight.
by sandramjet
Sun Sep 23, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a CPA to do taxes for LLC?
Replies: 13
Views: 1509

Do I really need a CPA to do taxes for LLC?

I'm trying to get an idea of how complicated it is to do taxes, etc for an LLC. Background: The family is in the process of putting a vacation home into an LLC as part of estate planning purposes. This is a home that will be used by family and friends only, and have no rental income. The LLC will pr...
by sandramjet
Sat Sep 22, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have experience using LLC for family 2nd home?
Replies: 4
Views: 1569

Re: Anyone have experience using LLC for family 2nd home?

I realize this is an old thread... but I've discovered that doing this sort of thing doesn't move quickly if all family members aren't really motivated one way or another :annoyed In any case, I think we have decided to go ahead and do this, and so far we've drafted an initial operating agreement, l...
by sandramjet
Wed Sep 19, 2018 1:17 pm
Forum: Personal Investments
Topic: any opinions of this fund? Vanguard Dividend Growth (VDIGX)
Replies: 15
Views: 4736

Re: any opinions of this fund? Vanguard Dividend Growth (VDIGX)

...It's important to note that the Dividend Growth strategy didn't begin until some time in the early 2000's. This was the Vanguard Utilities Fund before that... :oops: Oops. Effective December 6, 2002, the fund changed its investment objective and concentration policy. Prior to making these modifi...
by sandramjet
Fri Sep 07, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 7436

Re: 100% Bonds to boost returns?

JBTX wrote: Fri Sep 07, 2018 1:44 pm Ultimately, a 10 year period is an arbitrary time frame.
+1 .... Even after retirement, my time frame I hope is a lot longer than 10 years!
by sandramjet
Tue Aug 21, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 7106

Re: Co-habitation agreement - ??

Maybe ask Sheldon and Leonard for a copy of their roommate agreement? :D
by sandramjet
Fri Jul 13, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Bucket Portfolio article by Christine Benz
Replies: 85
Views: 8497

Re: Bucket Portfolio article by Christine Benz

It simply shifts the risk profile. If the bear market recovers in 5 years or less you are better off using buckets, but in the really bad case of a bear market lasting 9 years or more, the bucket approach makes a very bad situation worse. If you want less risk, you have to do some form of liability...
by sandramjet
Mon Jun 18, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 19273

Re: Should I take possession of a certified mail?

He asked us that question, we gave our comments, and we should get a final reply. So I guess I don't understand why anyone on an anonymous internet forum thinks they can impose deadlines on people to do things, or making fun about them for not responding as soon as everyone else believes is possibl...
by sandramjet
Mon Jun 11, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 47
Views: 6056

Re: Light Camping Trailer

We have an a-frame popup camper. They are great; hard sided, yet small/easy to put up, easy to pull. We have an indoor kitchen/refrigerator/sink, but no toilet/shower. There are a few different makers - A-Liner, Chalet, Rockwood. Some of the larger ones are too big for the Subaru but the smaller one...
by sandramjet
Sun Jun 10, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: long term care insurance
Replies: 124
Views: 8987

Re: long term care insurance

WoW2012 wrote: Sat Jun 09, 2018 2:35 pm Quick question, do you sell this product?
I may have missed it, but I didn't see an answer to this question... From your answers, it sounds like you either sell such products or represent companies that do. Can you confirm whether that is true?
by sandramjet
Sat Jun 02, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 7074

Re: Investment money is "Fungible"

Second, all of the examples that you can actually be quantified. Even the unknowns unkowns. You just set really wide confidence bands. I don't understand this point. Could you explain how wide you set a confidence band for an unknown which is by definition not known. So how do you know how wide to ...
by sandramjet
Sun May 20, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!
Replies: 22
Views: 2516

Re: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!

How about let the college going kid earn sufficient summer/part-time income so that he/she can file tax-returns on their own. Assuming decent 10K/15K income, I wish that were true ... our kids get roughly 10-12 weeks of time off during summer, and at about $11/hour full time, there's no way to make...
by sandramjet
Fri May 04, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: Online resource for current Boglehead 3 fund portfolio
Replies: 10
Views: 1427

Re: Online resource for current Boglehead 3 fund portfolio

How about the Simba backtesting spreadsheet from this site?
by sandramjet
Sun Apr 29, 2018 8:36 pm
Forum: Personal Investments
Topic: Relatively stable 1 year investment that doesn't involve interest?
Replies: 37
Views: 3279

Re: Relatively stable 1 year investment that doesn't involve interest?

Stargazer79 wrote: Sun Apr 29, 2018 5:10 pm I am looking to buy a house in about a year and hopefully it should grow to about 120K by then.
You are looking (hoping?) for a 20% return in one year? That takes this out of the area of stable, IMHO