Search found 62345 matches

by livesoft
Sun May 27, 2007 3:28 pm
Forum: Investing - Theory, News & General
Topic: Best Online Brokerage?
Replies: 47
Views: 24147

But I have to wonder about their execution ability. Schwab, Fidelity, E*Trade, etc, have all invested years and millions building trading platforms that are supposed to be able to execute rapidly even under congested market conditions (which they don't always do). I have to wonder if the big retail...
by livesoft
Sun May 27, 2007 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing, looking to open Roth IRA. HELP!
Replies: 9
Views: 2381

Re: New to investing, looking to open Roth IRA. HELP!

tcalgaard wrote:...Roth IRA. ... $3000 ... index fund ... U.S stocks, small growth, international, and real estate (REITs)....
It reads like starting with a target retirement fund is just the ticket for you. When that is bulked up you can exchange into other things.
by livesoft
Sat May 26, 2007 6:40 pm
Forum: Investing - Theory, News & General
Topic: DLS: From Premium to Discount
Replies: 5
Views: 1780

Double check your info. At least this sitesuggests the premium is 0.66%
by livesoft
Sat May 26, 2007 5:23 pm
Forum: Investing - Theory, News & General
Topic: Best Online Brokerage?
Replies: 47
Views: 24147

The WF checking account that goes with the PMA is outstanding. It's almost worth it by itself. Free everything. If you go below the PMA limit, the $25 fee is "monthly". The fees are well-described in the WF online literature. The cash sweep at WF that I use is WFLXX which is paying above 4.6% nowada...
by livesoft
Sat May 26, 2007 4:27 pm
Forum: Investing - Theory, News & General
Topic: Best Online Brokerage?
Replies: 47
Views: 24147

A big plus for me with WellsFargo are the FREE trades for mutual funds even if NOT in their NTF network. For example, buy/sell DODFX without any commission. To my knowledge, no other discount broker let's you do that.
by livesoft
Sat May 26, 2007 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7870

Sorry, can't remember ... I left NY many moons ago.
by livesoft
Sat May 26, 2007 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7870

Switch now. No need to wait.
by livesoft
Sat May 26, 2007 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7870

And it applies for the entire year 2007, not just those months you are married.
by livesoft
Sat May 26, 2007 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7870

Of course your tax bracket will be affected by your marriage. You will be married filing jointly for your 2007 taxes. You can figure out NOW what your taxes will be like. Get out your copy of TurboTax that you used for your 2006 taxes and plug in your numbers for 2007. You may be surprised at how mu...
by livesoft
Fri May 25, 2007 4:42 pm
Forum: Investing - Theory, News & General
Topic: Which ETFs compare to DFA/FamaFrench portfolios?
Replies: 31
Views: 13062

Don't Paul Merriman and his colleagues publish all this for you over at his web site www.fundadvice.com?
by livesoft
Fri May 25, 2007 3:35 pm
Forum: Investing - Theory, News & General
Topic: Not Your Father's Pay: Why Wages Today Are Weaker
Replies: 30
Views: 10217

Uh, oh, we've become French.
Not that there's anything wrong with that. I certainly don't work as hard as I used to.
by livesoft
Fri May 25, 2007 3:06 pm
Forum: Investing - Theory, News & General
Topic: Not Your Father's Pay: Why Wages Today Are Weaker
Replies: 30
Views: 10217

Re: Not Your Father's Pay: Why Wages Today Are Weaker

http://online.wsj.com/public/article/SB118005313993514160-ffyvlR98p8u9Sorpc2R_TwOs50w_20070601.html?mod=blogs Ms. Sawhill said she isn't sure why men's wages have stagnated. "It seems there's been some slowdown in economic growth, it's possible that the movement of women into the labor force has af...
by livesoft
Fri May 25, 2007 2:34 pm
Forum: Investing - Theory, News & General
Topic: Not Your Father's Pay: Why Wages Today Are Weaker
Replies: 30
Views: 10217

Isn't this just proof that the younger generation has more slackers in it?
by livesoft
Fri May 25, 2007 1:32 pm
Forum: Investing - Theory, News & General
Topic: Voyager status
Replies: 14
Views: 5567

Does Voyager status get you a better PortfolioWatch than without Voyager status?
by livesoft
Fri May 25, 2007 12:53 pm
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Risk of using a single investement account
Replies: 12
Views: 3870

livesoft, A little OT, Full disclosure: We have accounts at Vanguard, TDAmeritrade, WellsFargo. TIAA-CREF, three different 401(k) providers. For some of these, we look at statements once every couple of years. Do you open the envelope and file it away without peeking? With electronic statements, I ...
by livesoft
Fri May 25, 2007 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody Transferred from Firstrade to Wells Fargo?
Replies: 2
Views: 1207

I did not transfer from Firstrade, but I did transfer some investments from TDAmeritrade to WF. 1. WF took care completely of the transfer and I did not have to contact TDAM before hand. 2. TDAM charged me no fees whatsoever. 3. It took 2 weeks from the day I mailed in the forms. When one fund did n...
by livesoft
Fri May 25, 2007 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Exchanges between funds, is this a taxable event? Fees?
Replies: 5
Views: 1443

Is this an IRA account?
by livesoft
Fri May 25, 2007 9:50 am
Forum: Investing - Theory, News & General
Topic: Jubak's Picks
Replies: 16
Views: 5769

Re: Jubak's Picks

I'm considering investing a significant part of my portfolio using his recommendations. Do what you must, but may I suggest that you devote an insignificant part of your portfolio first and see how it does before you go to a "significant part." It's one thing to invest $100K with Jubak and another ...
by livesoft
Fri May 25, 2007 9:41 am
Forum: Investing - Theory, News & General
Topic: Jubak's Picks
Replies: 16
Views: 5769

I really enjoyed reading Jubak's articles in the late 1990's and when he was writing for Worth magazine. He gave reasons for what he was buying and selling. He also was using real money and bought/sold 3 days after his column appeared online. He did not do so well in the 2000-2002 meltdown. But you ...
by livesoft
Thu May 24, 2007 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Small value in a taxable account
Replies: 14
Views: 7189

Here's my take: The yield on the small value etf VBR is reported to be 2.05%. The yield on the total stock market etf VTI is reported to be 1.7%

So if small value isn't terribly tax efficient, then neither is total stock market.
by livesoft
Thu May 24, 2007 3:52 pm
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Risk of using a single investement account
Replies: 12
Views: 3870

What is so onerous about having multiple accounts? And what is this about "significant other"? It reads like your SO is an idiot and could figure out how to pay the electricity bill, but not the water bill. In this day and age of ACH transfers, there is little reason to have a single account. If reb...
by livesoft
Thu May 24, 2007 9:36 am
Forum: Investing - Help with Personal Investments
Topic: 529 questions for our niece
Replies: 17
Views: 4327

I was leaning toward the Utah plan until I saw that Administrative Maintenance fee for non-Utah residents ($5 per $1000 = .5%); wow. That made Ohio's plan look a lot better. I'm not sure the easy tracking is worth the extra .5%. ... I think I've become too much of a Boglehead to want to pay the ext...
by livesoft
Wed May 23, 2007 11:15 am
Forum: Investing - Help with Personal Investments
Topic: What will/did you do in the 2-3 years before retirement?
Replies: 17
Views: 6304

I forgot to add hernia repair as well. Y'all might want to take a poll. I would bet that more than 20% of folks who are older than 50 have had a colonoscopy, a heart scan, hernia repair (25% of males), and joint surgery. None of these are extra-ordinary treatments. I'll admit that a liver transplant...
by livesoft
Wed May 23, 2007 11:01 am
Forum: Investing - Help with Personal Investments
Topic: 529 questions for our niece
Replies: 17
Views: 4327

You should be aware the the Vanguard 529 plan is not the least expensive 529 plan that uses Vanguard index funds. For that reason, we chose not to open a 529 plan with Vanguard, but instead used very similar (but less expensive) plans from Utah and Ohio which both use Vanguard funds. I like the Utah...
by livesoft
Wed May 23, 2007 9:10 am
Forum: Investing - Help with Personal Investments
Topic: What will/did you do in the 2-3 years before retirement?
Replies: 17
Views: 6304

Gotta get that colonoscopy, heart scan, liver transplant, knee replacement and other health odds and ends out of way.
by livesoft
Tue May 22, 2007 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plans as part of overall asset allocation?
Replies: 8
Views: 2511

I would treat it as separate. What percentage of your total savings are we talking about here? Less than 10%. For a number of years, we have used the Utah diversified stock option for our two 529 plans. The idea was that we wanted to gain the mostest. But now I see that we could use bond funds in t...
by livesoft
Tue May 22, 2007 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plans as part of overall asset allocation?
Replies: 8
Views: 2511

529 plans as part of overall asset allocation?

OK, I've already made up my mind, but .... My spouse insists that we pay for our children's college expenses. That means that it won't matter if the money comes from a 529 plan, our checking account or our investments. If we take money out of the 529s to pay for college, then we will just rebalance ...
by livesoft
Tue May 22, 2007 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique portfolio
Replies: 6
Views: 2023

Do you avoid international small cap on purpose?
by livesoft
Mon May 21, 2007 9:13 pm
Forum: Investing - Theory, News & General
Topic: Reaching the $5 Million Club Takes an Open Mind
Replies: 191
Views: 80322

References to Alpo and cat food are so 1960's!

Nowadays one can visit just about any grocery store or Costco and fill up on all those healthy free samples. That's even cheaper than cat food.

So I propose that instead of "eating cat food", we change the phrase to "grazing at Costco".
by livesoft
Mon May 21, 2007 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Am I investing--and diversifying--properly?
Replies: 16
Views: 5127

I would do it differently. I would put $1000 this month into VG STAR fund. Then the same next month. Then in the 3rd month, I might have $3000 to meet the minimum on another VG fund in the VG list of fundadvice. At that point, I would exchange $2000 plus add $1000 to enter that fund. I would add to ...
by livesoft
Mon May 21, 2007 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Who offers complete money management services? Who's best?
Replies: 5
Views: 1615

Putting everything on one statement is not the advantage that you might think it is. That written, my WellsFargo statement shows my checking, my brokerage, my IRA, & my mortgage all on one statement. That does not mean the statement is not confusing, so be careful what you wish for. To get all this ...
by livesoft
Sun May 20, 2007 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Grandma may be getting cheated, but should I do something?
Replies: 22
Views: 7535

I think you should turn over all your investments to Grandma to manage for you. What? You don't agree with that? Hmmm .....
by livesoft
Sun May 20, 2007 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Authority for Wills
Replies: 4
Views: 1997

I don't see a problem with your younger brother being executor. He can get help from your lawyer. After all, how many people have extensive experience being executors? Our wills do not specify any direction with respect to investments if we die with minor children. The designated guardians (and the ...
by livesoft
Sun May 20, 2007 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Placement of funds in ROTH vs Traditional IRA vs. 403b7
Replies: 33
Views: 12135

livesoft, I just plucked the 30% number. I wanted to choose something pretty large for illustrative purposes. I have no clue what future tax rates will be. Best wishes, Ken Furthermore, my retired 65-year old couple can make about $19,000 before they start paying any income tax. That is, if they ha...
by livesoft
Sun May 20, 2007 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Placement of funds in ROTH vs Traditional IRA vs. 403b7
Replies: 33
Views: 12135

.... You anticipate that when you withdraw funds from your TIRA, you will be in a 30% combined Federal & State tax bracket. Just for fun, can you please tell me how much income you would have to have to be in the 30% combined tax bracket? For my state, it would be north of $150K (includes $20K qual...
by livesoft
Sun May 20, 2007 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Placement of funds in ROTH vs Traditional IRA vs. 403b7
Replies: 33
Views: 12135

More questions: Are you gonna rollover your 403b to an IRA? Are you going to convert some of your tIRA to a Roth each year? Are you collecting SS benefits now? Etc.
by livesoft
Sun May 20, 2007 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Placement of funds in ROTH vs Traditional IRA vs. 403b7
Replies: 33
Views: 12135

As a recent retiree, where does your money for expenses come from and how is it taxed? Do not forget that you can have lots of income and pay no taxes.

Thus without knowing more about your income needs and where you get your income, your tax situation, who can give you any advice?
by livesoft
Sun May 20, 2007 1:02 pm
Forum: Investing - Theory, News & General
Topic: Diehardish Article on 529 Fees
Replies: 17
Views: 5467

I saw no reason to transfer. I just started more plans. Is the Ohio plan really that much cheaper? I did not find that to be the case for the amounts and asset allocations that we have in the Utah plan. Here's another way I use the Utah plan: It serves as my benchmark for what I wish to achieve with...
by livesoft
Sun May 20, 2007 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: if I die: my preliminary financial plan, comment encouraged
Replies: 36
Views: 14993

As some posters have already suggested, I would do the following: 1. See an estate planning attorney and get the standard package of items....Wills, Health POA, etc. Also name custodians for your children if you both pass away at once. ... 3. It does not appear that you have enough of an estate to ...
by livesoft
Sun May 20, 2007 11:38 am
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth retirement accounts
Replies: 12
Views: 2907

Also I believe that 90% to 95% of retirees will be paying a lower tax rate in retirement than they do while working. Many folks forget that the first tax bracket is 0%. Therefore if some of your retirement income comes from a non-Roth source, some of it will be tax-free anyways. It is important to k...
by livesoft
Sun May 20, 2007 11:34 am
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth retirement accounts
Replies: 12
Views: 2907

There is lots more to this than meets the eye. One kicker is that both traditional IRAs and rollover IRAs can be converted to Roth IRAs. Therefore, one needs to have a plan that incorporates the future conversion possibility. The second kicker is that social security benefits are not taxed if you re...
by livesoft
Sun May 20, 2007 9:41 am
Forum: Investing - Theory, News & General
Topic: Diehardish Article on 529 Fees
Replies: 17
Views: 5467

We started years ago with Utah 529 plans, but recently also opened Ohio 529 plans. The fees are similar in both plans (e.r.s under .0.35% I believe), but the Ohio plan allows you to slice-and-dice with VG funds to your heart's content while the Utah plan has fixed portfolios of VG funds. As with all...
by livesoft
Sun May 20, 2007 7:50 am
Forum: Investing - Help with Personal Investments
Topic: 100% equity works if you only live off dividends?
Replies: 77
Views: 30129

What's the point? You are simply asking: Is there anything wrong with not running out of money if you don't run out of money? Why spend even the dividends? Why not spend nothing? With my $3 million, I am not going to live off a paltry $48K a year. And if I need only $48K a year to live, I am not goi...
by livesoft
Sun May 20, 2007 7:45 am
Forum: Investing - Help with Personal Investments
Topic: if I die: my preliminary financial plan, comment encouraged
Replies: 36
Views: 14993

Re: Daryll40

nick22 wrote:So based on Daryll's thoughts, I think it is only responsible for us to encourage our wives to have good alternate husbands ready to step in in case we go. So if your wife asks to go on a date, encourage it.
Uh, my wife works, so I get alternates as well?
by livesoft
Sun May 20, 2007 7:13 am
Forum: Investing - Help with Personal Investments
Topic: if I die: my preliminary financial plan, comment encouraged
Replies: 36
Views: 14993

Why pay off the house? Is the interest rate so outrageous that it should be paid off? If so, refinance now. Otherwise, the survivors can simply continue to make house payments. If they wish to pay it off, that's OK as well, but there will always be property taxes, maintenence and other housing expen...
by livesoft
Sat May 19, 2007 5:36 pm
Forum: Investing - Theory, News & General
Topic: Reaching the $5 Million Club Takes an Open Mind
Replies: 191
Views: 80322

For an example of how one early retiree's daughter got financial aid at Washington University, see this thread on the early retirement forum. With your assets, you can simply gift your children all they will need for college now. You probably have already done that in the form of 529 plans. You must...
by livesoft
Sat May 19, 2007 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Late accumulation stage strategy
Replies: 9
Views: 2971

Consider the following: 1) Assume that the safe withdrawal rate is 4% of your assets. 2) Assume that you will not retire until your assets cover your 4% SWR. Given that, then 5-7 years of worth of expected expenses will be 20% to 28% of your assets. I would venture that many folks in the near retire...
by livesoft
Sat May 19, 2007 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: which one morning star or bogleheads forum
Replies: 13
Views: 3215

You gotta use the one with the lowest expense ratio. 8)
by livesoft
Fri May 18, 2007 9:48 pm
Forum: Investing - Theory, News & General
Topic: Best Online Brokerage?
Replies: 47
Views: 24147

Did more free transactions in my WellsFargo brokerage account today. No problems, superb executions since opening the account March 2006. Also the checking account is simply outstanding. As I have written before, the web site is a bit clunky for the brokerage, but with only a few trades a year, I ca...
by livesoft
Fri May 18, 2007 2:15 pm
Forum: Investing - Theory, News & General
Topic: Tax changes
Replies: 18
Views: 5372

Since my current marginal income tax rate is well north of 20%, I think I can keep on doing what I am doing. I don't worry about muni bonds because all my bond funds are in tax-deferred accounts. I don't worry about Roths because I don't have one. About the only thing I can do to change the situatio...