Search found 3076 matches

by kenner
Thu Jan 19, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 85
Views: 11588

Re: Fed Rate [may go] to 3% - [investing consequences?]

If the FFR goes up to 3% (meaning banks have to pay 3% to borrow from each other on overnight loans), I expect the government is going to have to pay A LOT more than that to borrow from the public for 10 years. I think people are understimating how bad things could get for bonds over the next 4-8 y...
by kenner
Thu Jan 19, 2017 9:22 pm
Forum: Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 3547

Re: Please help me [Transfer IRA]

Family is always the priority.

Well be here to help any time we can.
by kenner
Thu Jan 19, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 85
Views: 11588

Re: Fed Rate [may go] to 3% - [investing consequences?]

Pick one: 1) Fed increases short rates, longer rates move up in sync due cascading effects of the higher short rates. 2) Fed increases short rates, which slows economy, longer rates decline due to anticipation of the effects of a slower economy. +1. It is often asserted (even on this forum) that wh...
by kenner
Thu Jan 19, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 85
Views: 11588

Re: Fed Rate [may go] to 3% - [investing consequences?]

am i reading this right? she wants to increase it from the current 0.75% to 3.0% by 2019? is that a dramatic increase (seems so to me), and is it common to hike it so much in a relatively short time period? Seems she is signalling to the markets that she is willing to do whatever is deemed necessar...
by kenner
Thu Jan 19, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 85
Views: 11588

Re: Fed Rate [may go] to 3% - [investing consequences?]

btenny wrote: ... duration is not necessarily the best criteria for selecting bonds in a raising rate environment.
Agreed. It is not at all clear that a .25% rise in the overnight interest rate (the Federal Funds Rate) affects all bond market segments equally and proportionately.
by kenner
Thu Jan 19, 2017 12:37 pm
Forum: Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 3547

Re: Please help me [Transfer IRA]

Thanks so much. Also....one reason I have lagged in getting this done is because I was angry that E.J. would charge me 135 bucks to close it. That is infuriating to me and at the time, all holdings were doing well/ok. It will take me over 3 years to recoop my $135 in annual fees I will be saving fr...
by kenner
Wed Jan 18, 2017 3:11 pm
Forum: Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 3547

Re: Please help me [Transfer IRA]

Thank you all. I will be posting all my info soon and thanks in advance for your help and guidance. This site and your responses gives me the boost I need. Is this thread where I should post it? Or where it links and asks for this info on homepage? Thank you again Hi Deb19, I'm not sure if there is...
by kenner
Tue Jan 17, 2017 10:43 pm
Forum: Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 3547

Re: Please help me [Transfer IRA]

Vanguard Wellington?? I actually have my current Roth in this... Wellington has been a very good investment for decades. But without an analysis of your total investment portfolio of stocks and bonds (including total costs), it is extremely difficult to determine an appropriate asset allocation. Fr...
by kenner
Tue Jan 17, 2017 8:35 pm
Forum: Personal Investments
Topic: Please help me [Transfer IRA]
Replies: 38
Views: 3547

Re: Please help me

Deb19,

If you take the time to post your financial details in this format:

viewtopic.php?f=1&t=6212

you will receive investment advice that will enhance your financial life for decades to come.
by kenner
Mon Jan 16, 2017 12:30 pm
Forum: Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 4018

Re: Which Bond Fund

If your investment horizon is 30-35 years, why bother with 10% bonds? Especially in the current low interest rate environment I don't really see the use for it. Good point. I tend to agree with "ignition", provided you are certain that you can withstand a 2008-2009 type stock market meltd...
by kenner
Mon Jan 16, 2017 9:22 am
Forum: Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 4018

Re: Which Bond Fund

Very personal decision. With a 30 - 35 year investment time horizon, I'd choose the Vanguard short term bond fund in order to add ballast to a stock-heavy overall portfolio. I believe Dr. William Bernstein (financial author and Boglehead contributor) takes this approach. If you wish to seek income/g...
by kenner
Sun Jan 15, 2017 8:12 pm
Forum: Personal Investments
Topic: VPAS
Replies: 4
Views: 398

Re: VPAS

Also, do you get a dedicated advisor or just a team and whoever answers? You will have a dedicated advisor who meets regularly with the overall team of Vanguard Certified Financial Planners in order to keep you abreast of changes in the financial outlook. You will have telephonic and video-conferen...
by kenner
Sun Jan 15, 2017 8:06 pm
Forum: Personal Investments
Topic: VPAS
Replies: 4
Views: 398

Re: VPAS

How does vanguard personal advisor services collect the fee? Can you pay it separately or do they take it right from the assets already invested (a la Betterment)? I believe it is deducted from account assets pursuant to the terms of agreement. Also, are you paying essentially for portfolio constru...
by kenner
Sun Jan 15, 2017 7:44 pm
Forum: Investing - Theory, News & General
Topic: Who understands REITS?
Replies: 10
Views: 1770

Re: Who understands REITS?

But is there a Boglehead so granite-hearted as to not to question, say, whether new money should be dumped in all at once or DCA'd? I'd venture to say that the vast majority of Bogleheads have asked this question at one time or another. And, by a slight majority, most agree with the concept that, h...
by kenner
Sun Jan 15, 2017 5:47 pm
Forum: Personal Investments
Topic: Choice of bond fund
Replies: 5
Views: 709

Re: Choice of bond fund

My understanding so far is that in tax advantaged, total bond is good choice. If I place any bonds in taxable, then intermediate term tax exempt is a good choice. I'd say it depends on your marginal income tax rate(s), not necessarily the amount of your income. There are taxpayers who earn nearly $...
by kenner
Fri Jan 13, 2017 12:28 pm
Forum: Personal Investments
Topic: Bond Index Fund Recommendation
Replies: 3
Views: 601

Re: Bond Index Fund Recommendation

sjjsjr wrote:
I know AGG, BND and similar are oh so easy....am not sure they achieve my goal other than being risk averse.

Many thanks for your thoughts
What is your goal? Maximum income, diversification, safety?
by kenner
Thu Jan 12, 2017 5:08 pm
Forum: Personal Investments
Topic: Advice - What to buy
Replies: 8
Views: 1079

Re: Advice - What to buy

I know that lump sum has a higher expected return...but I have been buying on down days (or two in a row) of where I get a discount of at least 1%. Meaning if the total market index drops 1% I buy that day say 10K worth. So history tells us that buying 40K right now will have an higher expected ret...
by kenner
Thu Jan 12, 2017 3:07 pm
Forum: Personal Investments
Topic: Advice - What to buy
Replies: 8
Views: 1079

Re: Advice - What to buy

Just wondering since I've always tried to get some type of discount but with most all being up it's hard to find that right now. Stay tuned. It is a virtual guarantee that at some point in the future stock prices will provide your "discount". How will you determine the discount that will ...
by kenner
Sun Jan 08, 2017 5:43 pm
Forum: Personal Investments
Topic: Should I leave Ameriprise?
Replies: 58
Views: 7942

Re: Should I leave Ameriprise?

If I were in your position, I would ask myself only one question: "What's more important, my family's future wealth or my Ameriprise advisor's future wealth?"

Many of us would find the answer to such a question to be quite obvious.
by kenner
Mon Jan 02, 2017 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 249
Views: 72305

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

I've practiced law since the 1970's, specializing in complex litigation. I have read your post with great interest and certainly understand your concern for your family. But your brother-in-law's actions, especially his evasiveness about financial matters that affect your sister and mother, lead me ...
by kenner
Sun Jan 01, 2017 2:01 pm
Forum: Personal Investments
Topic: Couple questions regarding Vanguard investments (ETF-Index Funds-Admiral Shares)
Replies: 2
Views: 320

Re: Couple questions regarding Vanguard investments (ETF-Index Funds-Admiral Shares)

I believe Vanguard created this mutual fund https://personal.vanguard.com/us/funds/snapshot?FundId=0056&FundIntExt=INT#tab=0 for situations similar to yours. The minimum investment is $1,000. The fund invests in US stocks and bonds, as well as international stocks. Investing in this fund allows ...
by kenner
Sun Jan 01, 2017 1:07 pm
Forum: Personal Investments
Topic: NY muni bond fund
Replies: 16
Views: 2676

Re: NY muni bond fund

Hmmmm...so i'm getting different info regarding the NYS tax exemption (not concerned about the city taxes) with the national tax exempt fund :confused All muni bond funds are designed to generate income that is exempt from US federal income taxes. State-specific bond funds, such as Vanguard's NY of...
by kenner
Sun Jan 01, 2017 12:16 pm
Forum: Personal Investments
Topic: NY muni bond fund
Replies: 16
Views: 2676

Re: NY muni bond fund

Is it just exempt from federal tax?

It pays dividends that are exempt from both federal and New York state income taxes.
by kenner
Mon Dec 26, 2016 10:14 pm
Forum: Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 3585

Re: Help me understand if/why I should buy bonds in this environment

Assume I am 3 decades from retirement and have the following allocation: U.S. Stocks 60% Intl Stocks 20% U.S. Bonds 12% Intl Bonds 0% Cash/Need to Invest: 8% With a 30-year investment time horizon, the overwhelming likelihood is that you will be fine in a high-quality intermediate term bond fund su...
by kenner
Mon Dec 26, 2016 7:25 pm
Forum: Personal Investments
Topic: Vanguard Variable Annuity - Need advice
Replies: 14
Views: 3068

Re: Vanguard Variable Annuity - Need advice

I guess I'm starting to lose it.

Welcome to the club. It's one of many reasons I'm grateful we have so many friends on this forum. :happy
by kenner
Mon Dec 26, 2016 2:24 pm
Forum: Personal Investments
Topic: Vanguard Variable Annuity - Need advice
Replies: 14
Views: 3068

Re: Vanguard Variable Annuity - Need advice

Yes, you can just withdraw from a VVA, but you'll be withdrawing gain first and paying capitol gains tax on the entire withdrawal until you deplete Are you sure about this? I've read elsewhere on this forum that the tax code can impose ordinary income tax rates on some capital gains (even long term ...
by kenner
Mon Dec 26, 2016 10:01 am
Forum: Personal Investments
Topic: Vanguard Variable Annuity - Need advice
Replies: 14
Views: 3068

Re: Vanguard Variable Annuity - Need advice

Where an annuity wins is if you need additional space for tax inefficient investments like REITs and high yield bonds. Another possible benefit of a variable annuity is that your gains grow tax-deferred in the account and, at withdrawal years later ( perhaps after retirement ), you may be in a lowe...
by kenner
Sun Dec 25, 2016 1:18 pm
Forum: Personal Investments
Topic: [Should I get an annuity?]
Replies: 19
Views: 2345

Re: [Should I get an annuity?]

I think you need to see an attorney who is expert in elder law. The question of asset protection is beyond the expertise of most posters here. Let's see if an attorney will respond. I agree with Nedsaid. Though I don't practice asset protection law or elder law, I went through a similar experience ...
by kenner
Sat Dec 24, 2016 9:18 am
Forum: Personal Investments
Topic: 17 years wasted. Want to do it myself now. Advice, please.
Replies: 60
Views: 13430

Re: 17 years wasted. Want to do it myself now. Advice, please.

A 3-fund portfolio will work well anywhere, except for possibly bonds in taxable.

Even when the investor's income tax bracket is relatively high, municipal bond funds can still work well in taxable accounts when an asset allocation calls for bonds.
by kenner
Fri Dec 23, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents in good hands with this adviser?
Replies: 88
Views: 9460

Re: Are my parents in good hands with this adviser?

It would be great if you could post the additional information the advisor promised to send you after he returns from his vacation. In the meantime, I recommend that you and your parents check out Vanguard Personal Advisor Service (comprehensive advice provided exclusively by Certified Financial Pla...
by kenner
Mon Dec 19, 2016 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is Personal Injury Protection Necessary?
Replies: 7
Views: 2063

Re: Is Personal Injury Protection Necessary?

FelixTheCat wrote:Is PIP the same as Medical Payments?
No. MedPay pays only medical expenses. PIP coverage generally pays for additional losses, such as lost wages.
by kenner
Mon Dec 19, 2016 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Is Personal Injury Protection Necessary?
Replies: 7
Views: 2063

Re: Is Personal Injury Protection Necessary?

If you go to the WalletHub website and search "PIP insurance coverage by state", you can obtain some valuable information. Some states require car owners to carry PIP coverage. But even if it is not legally required in your state, the site explains why PIP coverage can be a very good type ...
by kenner
Sun Dec 18, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Branch from our tree fell on neighbor's house ??
Replies: 60
Views: 8124

Re: Branch from our tree fell on neighbor's house ??

You're under the misapprehension that satisfying your legal obligations is sufficient to be a good guy. And you're confusing an accepted social convention with an incident where the OP had little to no control over. . Trees choose, locate, and plant themselves. Sometimes, actual human beings choose...
by kenner
Sun Dec 18, 2016 6:44 am
Forum: Personal Investments
Topic: Anyone read Vanguard's commentary on rising interest rates?
Replies: 14
Views: 3146

Re: Anyone read Vanguard's commentary on rising interest rates?

... anyone read Vanguard's commentary/informational e-mail that the Fed plans to raise interest rates ... Yes. ... does this concern anyone who invests in tax exempt intermediate term municipal bond fund or total bond market index fund? No, not for those who have an appropriate overall asset allocat...
by kenner
Sun Dec 18, 2016 4:27 am
Forum: Personal Finance (Not Investing)
Topic: Branch from our tree fell on neighbor's house ??
Replies: 60
Views: 8124

Re: Branch from our tree fell on neighbor's house ??

We have two older Silver Maple trees on our property right next to neighbor's line and about 15 feet from their house. Earler today (according to my wife) a branch from our tree was blown off and did some damage to the neighbor's roof/house/ Not sure of the extent. According to my wife, the neighbo...
by kenner
Fri Dec 16, 2016 7:43 pm
Forum: Personal Investments
Topic: interest rates, bond funds….question
Replies: 13
Views: 2167

Re: interest rates, bond funds….question

If it isn't asking too much (and not the wrong place to do so), I'd welcome thoughts on my PF ... Ideally I would not anticipate needing to start drawing portfolio income for say, 6 or more years ... Here' s a breakdown of my assets followed by specific holdings. Yes, a lot of small positions. It i...
by kenner
Thu Dec 15, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Advisor promotes active management
Replies: 3
Views: 908

Re: Vanguard Advisor promotes active management

Sounds more like ideas to guide current financial advisors as to how to approach their future business than it is an outright endorsement or recommendation for active management.
by kenner
Wed Dec 14, 2016 10:54 pm
Forum: Investing - Theory, News & General
Topic: is deflation really bad for stocks?
Replies: 18
Views: 2349

Re: is deflation really bad for stocks?

I have to check the 60 million number because if you throw in the Chinese 1937-45 that alone might be 30 million dead (I'd really have to check). WW2 arguably began in Spain in the West or (less arguable) in Asia it began in China in 1937, with Britain, US etc. only joining the war on the Chinese s...
by kenner
Wed Dec 14, 2016 10:16 pm
Forum: Personal Investments
Topic: interest rates, bond funds….question
Replies: 13
Views: 2167

Re: interest rates, bond funds….question

I am 58, self-employed, and consult occasionally - 1-3 times a year - with an FA who just helps me keep my allocation in line and offers perspective, on an hourly basis. For our year-end review, in considering holdings on the FI side, within my conservative/moderate-conservative PF, which has been ...
by kenner
Wed Dec 14, 2016 3:15 pm
Forum: Investing - Theory, News & General
Topic: FED Raises Rates - Sky Falls! Bond Prices are UP!
Replies: 34
Views: 8199

Re: FED Raises Rates - Sky Falls! Bond Prices are UP!

Grt2bOutdoors wrote:Should I sell my bonds? Should I sell my equities? Should I buy more bonds? Should I buy more equities? Better yet, should I pile into commodities? Should I not care? :)
Yes; you should not care, assuming you have a risk-appropriate long-term investment portfolio.
by kenner
Wed Dec 14, 2016 12:04 pm
Forum: Investing - Theory, News & General
Topic: is deflation really bad for stocks?
Replies: 18
Views: 2349

Re: is deflation really bad for stocks?

Thanks, Larry. I do note that the March 2015 study you cited does appear to limit its conclusions to periods of "mild deflation". So it is illuminating that such occurrences should not necessarily be alarming for investors in the stock markets. Not sure, though, how investors would be able...
by kenner
Wed Dec 14, 2016 10:34 am
Forum: Investing - Theory, News & General
Topic: is deflation really bad for stocks?
Replies: 18
Views: 2349

Re: is deflation really bad for stocks?

Although I agree that conventional wisdom is not necessarily always correct, it seems that discarding and ignoring the Great Depression in the analysis of the impact of deflation on stock prices is misguided. Factually, there was deflation in the1930's. Stock prices in the US fell about 90%. You cou...
by kenner
Tue Dec 13, 2016 5:59 pm
Forum: Personal Investments
Topic: Municipal bond allocation
Replies: 7
Views: 1491

Re: Municipal bond allocation

I do not disagree with ogd's analysis; just wanted OP to have the option of deciding for himself.
by kenner
Tue Dec 13, 2016 3:33 pm
Forum: Personal Investments
Topic: Municipal bond allocation
Replies: 7
Views: 1491

Re: Municipal bond allocation

I live in WV so no state specific fund available. It looks like there is a relatively new West Virginia muni fund offered by Fidelity - MWVIX. Don't know anything about it, but might be worth checking out. FIDO is generally a very solid choice. Here's one link: http://money.usnews.com/funds/mutual-...
by kenner
Tue Dec 13, 2016 2:20 pm
Forum: Personal Investments
Topic: Municipal bond allocation
Replies: 7
Views: 1491

Re: Municipal bond allocation

I am 62 and retiring in about 3 years and in highest tax bracket. So assuming I am about 55% stocks and 45% bonds, is there any rule of thumb on which tax free funds to invest. Hate to predict interest rates. Should I just go with an intermediate fund and forget about it or spread it out over diffe...
by kenner
Sun Dec 11, 2016 2:58 pm
Forum: Personal Investments
Topic: Help with taxable account for novice high income investor
Replies: 7
Views: 1299

Re: Help with taxable account for novice high income investor

You have received very good advice.

Best wishes for your continuing financial success.
by kenner
Thu Dec 08, 2016 5:10 pm
Forum: Personal Investments
Topic: New, Uninformed Investing Help
Replies: 4
Views: 553

Re: New, Uninformed Investing Help

I feel I am way behind the 8 ball. I do not have an investment plan, I currently have been putting away roughly 7,000 per year in the TRF for 3 years Where do I go from here. By recognizing this now, you are still ahead of millions of your fellow Americans. You have come to the right place. Self-ed...
by kenner
Thu Dec 08, 2016 1:39 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 14401

Re: Explain why Rebalancing isn't Market Timing?

Seems to me that an investor looking at a current price fluctuation and suddenly deciding to buy or sell securities based on your guess as to what that portends for future prices is distinctively different than than adhering to an intelligently crafted rebalancing plan based on an investor's pre-det...