Search found 61594 matches

by livesoft
Sun Jun 10, 2007 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Sweep Accounts for VG Rollover IRA
Replies: 9
Views: 2587

Are you making a qualified withdrawal? Or are you just transferring to another fund in the same IRA? Or are you switching custodians?
by livesoft
Sun Jun 10, 2007 7:16 pm
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

Re: It's easy!

OUJohnNasr wrote: ....The point of my originally example was to point out that you don't need that much to retire at 45, so long as you don't have kids or a wife, or if you have a frugal wife.
Or a wife that works! :D
by livesoft
Sun Jun 10, 2007 5:50 pm
Forum: Investing - Theory, News & General
Topic: safe withdrawal rate question
Replies: 2
Views: 1053

by livesoft
Sun Jun 10, 2007 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Relatives using Whole Life for retirement...
Replies: 18
Views: 6183

It won't matter one iota what you tell them. You have to provide something in hardcopy for them to believe. Get thee to the book store and start browsing.
by livesoft
Sun Jun 10, 2007 12:47 pm
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

So i am behind IFA65 by 1-1.5%? Their fee is 1%? So i am down 0-.5? If i look at their allocation more closly it has 75/25 stock to bond. While i am pretty close at 72.5/27.5 it could make up some portion of that 0-.5 to have less bonds. I am a little surprised how close my portfolio comes to the I...
by livesoft
Sun Jun 10, 2007 12:38 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri's new book on ETF's
Replies: 15
Views: 4798

OTOH, I don't think it is a bad way to go for someone who does not want to read any books or web sites on investing. I think the alternative would be much worse. One could be in variable annuities, front-end load funds, actively-managed funds with high expense ratios, etc. Oh, yeah, we started out t...
by livesoft
Sun Jun 10, 2007 12:33 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri's new book on ETF's
Replies: 15
Views: 4798

Here is a link to some Amerivest portfolios. This suggests Amerivest has been around for 4 years. Also there is plenty of info available so that one can reverse-engineer the portfolios and save the 0.35%.

Trading costs would be $0 at WellsFargo.
by livesoft
Sun Jun 10, 2007 12:28 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri's new book on ETF's
Replies: 15
Views: 4798

I'm pretty sure that Amerivest at TDAmeritrade is more than a year old. I could not figure out why one would pay 35 basis points for something that one could do themselves.
by livesoft
Sun Jun 10, 2007 11:12 am
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

Re: Kids

It seems that many people who retire in their 40s either don't have children or had children at an early age. If you have teenagers in the house, retirement is out of the question. They are very expensive. However, I would rather have kids than be retired. My experience is different. We had our chi...
by livesoft
Sun Jun 10, 2007 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Sweep Accounts for VG Rollover IRA
Replies: 9
Views: 2587

kenn3d wrote:\Oh... and yes WE each have individual IRAs of course. But after 37 years together, everything we have is OURS. ;)

Kenn
I was thinking from the number of "we"s that you had to be married at least 40 years. Congratulations!
by livesoft
Sun Jun 10, 2007 10:59 am
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

I don't know that i would base your allocation on morning star's result, but if you want a similar style box in a few minutes of tinkering i got this: Well of course not on the style box alone. But one could look at the style box combined with percentages in foreign, emerging markets, REITs and als...
by livesoft
Sun Jun 10, 2007 10:51 am
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

Is it trailing before or after IFA fees? What is morning star using to project portfolio performance? IFA fees are not considered. I just looked at what M* reported as the 1-, 3-, and 5-year total return numbers for portfolios of the funds. Your 4-fund hypothesis does a good job of matching the sty...
by livesoft
Sun Jun 10, 2007 9:50 am
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

Based on what is available in my 401k here is what i think i have decided on for my fine tuned asset allocation. 22 20 14 13 11 8 5 4 4 Your style-box is deja vu for me as mine currently looks like this: 21 19 15 10 11 9 5 5 4 The M* tools suggest that this asset allocation trails the DFA one I pos...
by livesoft
Sun Jun 10, 2007 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Sweep Accounts for VG Rollover IRA
Replies: 9
Views: 2587

As Laura wrote, selecting VMMXX is the proper way to do this. In reality, you can have your new VMMXX account as a sweep account as well: set the distributions of your other funds in the IRA to go to the VMMXX account instead of having them reinvested. Side note: I was amused by the use of "we" ever...
by livesoft
Sun Jun 10, 2007 9:13 am
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

... I would not go above a 3% withdrawal rate, and I would recommend 2% to be conservative, especially for a long time frame like this. Even if the market halved, and stayed there for many years, your 2% rate would still only be a 4% rate. One of the take-home messages I get from the early retireme...
by livesoft
Sun Jun 10, 2007 9:05 am
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

All the arguments about bogus backtesting and perhaps erroneous numbers and marketing notwithstanding, I'd like to know the following: It seems that DFA portfolios have quite a small cap tilt and quite a value tilt. For example, here is the style-box for an IFA65 (any errors are mine): 19 18 11 10 8...
by livesoft
Sun Jun 10, 2007 8:44 am
Forum: Investing - Theory, News & General
Topic: Switching 403b After Retirement?
Replies: 9
Views: 2831

I have a TIAA-CREF 403(b) from a previous employer that I have kept for years. According to some posts on this forum, the TIAA-traditional and the TIAA-real estate account may have some advantages not found in other investments such as Vanguard mutual funds. So you may wish to explore those and not ...
by livesoft
Sat Jun 09, 2007 8:12 pm
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

If you are married, have significant qualified dividends (say $45K), you would pay less $7000 in taxes. One savings is no 7+% FICA. So on 45K you're not out ~$3400. Paul I wasn't clear that $45K would be qualifed dividends and the other $45K would be ordinary income, so on that $90K you'd still pay...
by livesoft
Sat Jun 09, 2007 8:01 pm
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

goosecat wrote:At 3 million dollars, 3% would equal 90k per year. Minus about 15% in taxes but potentially more, that goes down to $76.5k.
If you are married, have significant qualified dividends (say $45K), you would pay less $7000 in taxes.
by livesoft
Sat Jun 09, 2007 6:43 pm
Forum: Investing - Theory, News & General
Topic: Has anyone here retired in their 40's or aspires to?
Replies: 90
Views: 39806

Lots of early retirees hang out at the early retirement forum . A 4% safe withrawal rate is well documented and many early retirees are living that. How to do it? One way is to save and invest half your income which can be easy to do. For example, my spouse is an engineer. We live off her income and...
by livesoft
Sat Jun 09, 2007 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market Joint Account
Replies: 7
Views: 3844

Re: Presentation Improvements

...In the evening, long after the closing NAV is known, these funds still have the previous days information. A Refresh click will refresh Stocks and ETFs but not the funds. Funds are not updated until the next morning. For me, the outside funds appear to be updated around 7 pm eastern, but I have ...
by livesoft
Sat Jun 09, 2007 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: What portion of Vang. Int'l Indx funds is mid & small ca
Replies: 4
Views: 1586

To get that better understanding, you have to learn to use the Morningstar X-ray tool

You also need ticker symbol which can be found in many places including the Vanguard web site. So for VGTSX, the small cap holdings are shown to be 0%.
by livesoft
Fri Jun 08, 2007 1:28 pm
Forum: Investing - Theory, News & General
Topic: Has Your Portfolio Beat DFA?
Replies: 49
Views: 22056

Thanks to folks here, I am using the free M* tools available through TRowePrice. I like to compare whatever I do to benchmarks, so I have plugged in two publicly available portfolios as benchmarks. I have 75% equities and 25% fixed income. So for the benchmarks, I have selected Paul Merriman's Vangu...
by livesoft
Fri Jun 08, 2007 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing in Retirement Worthless?
Replies: 12
Views: 3824

Of course I rebalance. I didn't write that I agreed with the article :shock:
by livesoft
Fri Jun 08, 2007 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing in Retirement Worthless?
Replies: 12
Views: 3824

If I retire at 65 and have 60% stocks and 40% fixed income and use a safe withdrawal rate of 4%, then I have 10 years of fixed income that I can use up before I die. I don't have to rebalance or think about it. I don't even have to touch the stocks. Sure, I may live longer than 10 years, but then I ...
by livesoft
Fri Jun 08, 2007 7:25 am
Forum: Investing - Theory, News & General
Topic: Total Intl Index vs FTSE All World ex US
Replies: 11
Views: 4189

If it was me, I would do nothing and hold both funds. I would revisit in December and if any shares had a loss, I would do tax-loss harvesting and buy the other fund with the proceeds. If there was no loss, I would continue to hold both funds... forever.
by livesoft
Wed Jun 06, 2007 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Writing covered calls
Replies: 12
Views: 4035

Use the "search" function and read to your heart's content.
by livesoft
Wed Jun 06, 2007 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Why so many hurdles to gift shares?
Replies: 6
Views: 1643

Another reason to use ETFs in a brokerage account.
by livesoft
Tue Jun 05, 2007 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help me craft a simple AA for first job.
Replies: 11
Views: 2626

BGI == Barclay's Global Investors see for example this.

I would worry alot more about asset allocation than the difference between an ER of 0.1% and 0.2%.
by livesoft
Tue Jun 05, 2007 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market Joint Account
Replies: 7
Views: 3844

joint accounts appear on both our logins.
by livesoft
Tue Jun 05, 2007 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Timing Retirement
Replies: 6
Views: 2785

Here are some things I am considering for my retirement date. 1. Our company gives out bonuses at year-end. So retire after year-end. 2. Our company put the 401k match into your 401k in March. So retire after March. 3. I can contribute 75% of my paycheck to the 401k, so I can reach $20,500 limit in ...
by livesoft
Tue Jun 05, 2007 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Inquiring about Actively Managed Funds
Replies: 12
Views: 2927

Try several other categories as well.
by livesoft
Tue Jun 05, 2007 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Inquiring about Actively Managed Funds
Replies: 12
Views: 2927

DFA is another outstanding fund company. As I have written before try this screen at morningstar.com Find funds in a give asset class with average 3-year return above category average average 5-year return above category average average cost below category average and if you like average 10-year ret...
by livesoft
Tue Jun 05, 2007 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Inquiring about Actively Managed Funds
Replies: 12
Views: 2927

Dodge & Cox is a fund family of actively managed often mentioned on this forum.
by livesoft
Tue Jun 05, 2007 6:11 am
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

Re: Don't encourage performance chasing

Your employees are only given the option of investing in funds which performed well in the past, and are required to sell the funds after they have had below-average performance. This is forcing the employees to chase performance, which is not what they should do in a retirement plan. I believe thi...
by livesoft
Mon Jun 04, 2007 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8633

OK, I see that Roth is not a possibility. Tweaking is not a real possibility. You are going to pay tax on 85% of your SS income no matter what. Etc. Anyways, given that you only need $60K of income to live, I would look to the long term and try to have only $60K of income (or less if SS income is ta...
by livesoft
Mon Jun 04, 2007 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8633

I am confused because I thought earlier on you had stated a portfolio of about 1.1 million. If that was ALL pay 6%, then that would create about $66K of taxable income. With SS and your stated expected earned income, you would be under $140K for 2007. But next you tell us you expect $150K of unearne...
by livesoft
Mon Jun 04, 2007 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8633

[Are you sure your marginal tax bracket is really 28%? It way worse than that. Since SS income is only taxable if your income is high enough, it's possible to be in something like the 45% tax bracket. Since watling is talking to an accountant, I'm surprised there is even a question about this. If t...
by livesoft
Mon Jun 04, 2007 8:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs. Fidelity
Replies: 36
Views: 12533

If you don't go with Vanguard, we'll find out and vote you off this island.
by livesoft
Mon Jun 04, 2007 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8633

Livesoft and laura both suggested a Roth IRA to reduce my heavy tax load. I checked with my accountant this morning and it is her position that I cannot qualify for a Roth IRA in 2007 and likely not in 2008 because my Modified Adjusted Gross Income (MAGI) exceeds the allowable maximum of $110k. May...
by livesoft
Mon Jun 04, 2007 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

Re: prudent investments?

Livesofts plan is typical of what is wrong with 401k plans. The fiduciaries spend way too much time trying to find "good" funds. When these "good" funds go bad, they find a new fund to replace it that has a much better recent track record. While this may or may not fufill his fiduciary duty, the pa...
by livesoft
Mon Jun 04, 2007 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting second opinion on advisor recommendation
Replies: 38
Views: 10798

Re: "Better" Funds

enviroguy, At the risk of misinterpreting livesoft's intent, I'll venture a guess that he's referring to mutual funds from Dimensional Fund Advisors (DFA) . DFA funds aren't available to do-it-yourself investors, but many advisory firms offer them. In my opinion, they have merit, but I wouldn't nec...
by livesoft
Mon Jun 04, 2007 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

For some reason we have an S&P 500 (ER 0.35), ... You can thank Jack Bogle for that. Almost everyone knows about indexing and most assume that means the S&P500 index. That's why our plan offers the S&P500 and that's why it has the most total assets in our plan. It turns out that it is probably the ...
by livesoft
Mon Jun 04, 2007 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

I wanted to add: In our investment review meeting, we compared each of the funds in our plan to possible alternate funds available in our platform. We had to make an explicit decision to keep the currently selected fund or to switch. We did not always switch to a different fund with a better recent ...
by livesoft
Mon Jun 04, 2007 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

Oh, some questions to ask your advisors. 1. How do the performances of these funds rank versus their peers over a 1, 3, 5, and 10 year period? 2. Do these funds provide all the asset categories that one needs? If not, why not? 3. Do you believe in using sector funds? (I see Health, Utilities, but no...
by livesoft
Mon Jun 04, 2007 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Review Meeting
Replies: 31
Views: 9482

I am on the 401k investment committee of a small company plan that has an 8-figure asset balance. The first you have to have is an "Investment Policy Statement" or IPS. That statement should show how you are going to encourage employees to participate. The laws have changed so that the default is op...
by livesoft
Mon Jun 04, 2007 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting second opinion on advisor recommendation
Replies: 38
Views: 10798

Re: thanks for responses so far!

livesoft wrote: Negotiate .... How did you come up with $3,000? I'm always hesitant to try to negotiate (I know, I'm a sucker), because I find it akin to telling people how to run their business. I usually look at purchases as a choice to pay the quoted price, or decline to buy (with exceptions suc...
by livesoft
Mon Jun 04, 2007 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Requesting second opinion on advisor recommendation
Replies: 38
Views: 10798

Negotiate the fee to $3000 a year not a percentage of assets. The amount of money that you have has little to do with the amount of work he does for you.
by livesoft
Mon Jun 04, 2007 10:19 am
Forum: Investing - Help with Personal Investments
Topic: trying to get info on stock-questions
Replies: 11
Views: 3227

I have a TDAmeritrade brokerage account. Years ago when they were still TDWaterhouse, I walked into the office with a piece of paper that was mailed to me that purported to be a stock certificate. It was not a very flashy piece of paper, but it said I had 10,000 shares in something. They were very h...
by livesoft
Mon Jun 04, 2007 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Help me exercise some self restraint!
Replies: 23
Views: 5928

[One of the best financial :wink: feelings comes the day you are mortgage-free. It totally makes sense because the pressure is OFF and there's freedom at last. Wow, I think if you are under pressure to pay your mortgage, then something is wrong in your financial life. The day we are mortgage-free i...