Search found 63890 matches

by livesoft
Sat Dec 15, 2007 7:11 pm
Forum: Investing - Theory, News & General
Topic: Timing CD Renewal
Replies: 8
Views: 2191

Isn't that counting your chickens before they hatch? What if rates go up to 8% next year?
by livesoft
Sat Dec 15, 2007 6:56 pm
Forum: Investing - Theory, News & General
Topic: Publications almost always mess this up...
Replies: 33
Views: 6333

The reason they fail to take into account the standard deduction is that reporters/journalists live in either NY or CA which both have extremely high state income taxes. NY has high property taxes as well. When we lived in NY we always itemized even though we never had a mortgage. If we had a mortga...
by livesoft
Sat Dec 15, 2007 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: New User - General allocation advice/First Post
Replies: 19
Views: 3426

Well, what do you really want to accomplish? You could "start over" and shift to all index funds. What percentage fixed income (bonds) do you want to have? What percentage of foreign do you want to have? What percentage of small cap beyond a total market weight do you want to have? Why not sell ever...
by livesoft
Sat Dec 15, 2007 3:05 pm
Forum: Investing - Theory, News & General
Topic: Stuck in old funds? What would you do different now?
Replies: 2
Views: 948

I'm happy to oblige your request with a mistake I made. Years ago, I was enlightened to the fact that I did not have any small cap international in my portfolio. So I went looking for this asset class. I looked at load funds and no-load funds. The best funds were closed to new investors. I even inte...
by livesoft
Sat Dec 15, 2007 1:44 pm
Forum: Investing - Theory, News & General
Topic: withdrawal strategies DURING retirement
Replies: 31
Views: 7151

Browsing the 'reference library' thread, one finds: http://www.diehards.org/forum/viewtopic.php?t=143
by livesoft
Sat Dec 15, 2007 8:18 am
Forum: Investing - Theory, News & General
Topic: Why Roth vs 401k?
Replies: 17
Views: 3941

One thing people forget about when they retire is they won't have many of the Deductions and Tax Breaks in Retirement they .... While folks with no mortgage will not have mortgage interest deduction and folks with no earned income will not have reductions due to 401(k) contributions, they will also...
by livesoft
Sat Dec 15, 2007 7:57 am
Forum: Investing - Theory, News & General
Topic: Oakmark - Some investors facing big tax hit
Replies: 12
Views: 3247

So it pays out a big dividend which causes the NAV to drop 20%. If you bought this year, you would have a great tax-loss-harvesting opportunity that also solves the problem of being in an actively managed fund. Just be sure to take the distribution in cash, so you don't complicate things by buying s...
by livesoft
Fri Dec 14, 2007 4:54 pm
Forum: Investing - Theory, News & General
Topic: "overweighting" REITS, Small Cap - Larry, Rick, Ot
Replies: 30
Views: 5247

Can you point to a link or two? Thanks, Rod Paul Merriman updated his buy-and-hold article to mention REITs and a study he did. It is not a peer-reviewed study and the details are not published, but you may nevertheless wish to read: http://www.fundadvice.com/articles/buy-hold/the-ultimate-buy-and-...
by livesoft
Fri Dec 14, 2007 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Problem with Broker
Replies: 26
Views: 4109

Let me change my post. A "high-5-figure" ... suggests that you can try to report this broker for unsuitable investments and recover some of your losses. Although you will go to arbitrator, maybe you should?
by livesoft
Fri Dec 14, 2007 4:32 pm
Forum: Investing - Theory, News & General
Topic: Oppenheimer Funds
Replies: 5
Views: 2820

My oppenheimer funds within my 401(k) (loads waived) have done really well. One could do worse. I would not purchase them ever if not forced to by 401(k).
by livesoft
Fri Dec 14, 2007 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Problem with Broker
Replies: 26
Views: 4109

I would not communicate with the broker anymore. Simply fill out a transfer form at TDAmeritrade and have them suck the money/funds out. Don't waste your time writing a letter. Don't waste your parents time with chastising them. You can ask them to move, but do it the same way: ACAT transfer without...
by livesoft
Fri Dec 14, 2007 10:23 am
Forum: Investing - Theory, News & General
Topic: Is "core and explore" still a valid method for inv
Replies: 23
Views: 4052

I picked some index funds for my large and midcap holdings and then picked 2 actively managed funds for small cap and emerging markets.I've done alright with that method so far, but I'm wondering if that plan is still valid?I would appreciate this forum's comments. Perhaps you are in the best posit...
by livesoft
Fri Dec 14, 2007 9:12 am
Forum: Investing - Theory, News & General
Topic: Why Roth vs 401k?
Replies: 17
Views: 3941

Put your five grand in a Roth, and you'll have $23,305 tax-free after 20 years. If you put your five grand in the traditional IRA instead, it will grow to the same sum, but you'll owe $5,826 in taxes when you withdraw the money, reducing your account to $17,479. ... Either way $5000 of pretax incom...
by livesoft
Fri Dec 14, 2007 8:22 am
Forum: Investing - Help with Personal Investments
Topic: you are now retired
Replies: 11
Views: 2831

livesoft, Thanks for the link...I posed my questions there, but so far no helpful replies. I'll resubmit this topic to this site again, posing the issue a bit differently to see if I can get more "bites". hs Did you mention "buckets" in your post title? :) Note that in the case of (2) with a 50% dr...
by livesoft
Fri Dec 14, 2007 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund dividend help
Replies: 7
Views: 1923

Very clear - I love this site ~ the funds are in a 401k account through Prudential ahh - further investigation of the prudential site shows that funds were reinvested, but not all ended up with more shares - they reallocated across five different funds - I guess that's the fund manager's perogative...
by livesoft
Thu Dec 13, 2007 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing in retirement accounts - What's your strategy?
Replies: 17
Views: 4711

Peter, here what I would do with your hypothetical. First, I restate your asset allocation along with ranges. You wanted international to be 28% of equity. So the +-5% band would be 23% to 33% of equity. You wanted equites to be 70% of the portfolio. So the +-5% band would be 65% to 75% of the total...
by livesoft
Thu Dec 13, 2007 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Is this market timing?
Replies: 5
Views: 1337

As I have described before I buy on the dips. I believe it is a lucrative strategy. First, our 401(k)'s are on autopilot and go in with every paycheck until max is reached in March each year. Second, we now have money to invest each month into taxable. The rule is that a certain sum must be invested...
by livesoft
Thu Dec 13, 2007 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Guilty of market timing?
Replies: 8
Views: 1996

So what if you are guilty of market timing? If it makes you a lot of money, you should be happy. I've never worried about how others judge me, so my advice: "You should not worry about how others judge you."
by livesoft
Thu Dec 13, 2007 7:41 pm
Forum: Investing - Theory, News & General
Topic: How to invest 1 million dollars?
Replies: 12
Views: 4017

A million is nothing special. You invest a million the same way you would invest $100K or $50K or $10K. You get some lower expenses by purchasing exchange-traded funds (ETFs), but you would have to deal with dividend reinvestment or take dividends in cash and invest those as part of your ongoing reb...
by livesoft
Thu Dec 13, 2007 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: you are now retired
Replies: 11
Views: 2831

I am about 50% in taxable and 50% in tax-advantaged now. I am on the cusp of retiring. 1. I am not sold on the withdraw from taxable first idea if one is over 59 1/2. There are a couple of reasons which we can explore. First, my taxable is quite efficient, so I expect it to grow tax-free just like t...
by livesoft
Thu Dec 13, 2007 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: you are now retired
Replies: 11
Views: 2831

First thing is that I take fund distributions in cash. So those stock index funds in your taxable account are giving you 2% in dividends. That covers half your annual income needs. The other 2% is in the noise. If equities go way up over the year, I sell some of them to rebalance and/or use for expe...
by livesoft
Thu Dec 13, 2007 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Family trajedy-need some direction
Replies: 7
Views: 2071

I'm sorry for your loss. Your mom may qualify for SS survivor's benefits, so check that out. When my spouse's father died, her family received significant SS survivor's benefits.
by livesoft
Thu Dec 13, 2007 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing in retirement accounts - What's your strategy?
Replies: 17
Views: 4711

I was hoping there would be more discussion on this thread. I do not believe in rebalancing based on a calendar. I do believe in tracking one's portfolio and rebalancing as needed, but not too often. I think another popular method of rebalancing is Larry Swedroe's 25/5 (or is it 5/25? ) rule. If an ...
by livesoft
Wed Dec 12, 2007 10:29 pm
Forum: Investing - Theory, News & General
Topic: [poll] mortgage vs bonds: what's your tipping point rate?
Replies: 3
Views: 1175

When I refinanced to a 4.875% fixed rate the prevailing rates on money market funds were about 1% and places like ING were paying 3%. Folks would say, "Why have a 5% mortgage when you can only earn 3% risk-free?" Then 18 months later, MM funds are paying 5% to 5.25% (they have dropped now). And then...
by livesoft
Wed Dec 12, 2007 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington in Taxable - Should I be Shot?
Replies: 5
Views: 1762

Yes, you should be shot. I sold ALL my Dodge&Cox Balanced that I had in taxable. I replaced the bond portion by moving some 401(k) equities to a bond fund. I bought some index ETFs in taxable. I lowered my taxes by several thousand dollars a year. You are lucky to catch this now because to do it lat...
by livesoft
Wed Dec 12, 2007 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: buying your first home with 100% down...
Replies: 20
Views: 3971

We were renters for several years while investing. We had a great deal on the rental, so we were not in a hurry to purchase a home. Then we moved across the country and bought a home. When we purchased the home, we had about 3 times its value in investments. We only put 20% down and left the investm...
by livesoft
Wed Dec 12, 2007 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Comments on tentative portfolio?
Replies: 10
Views: 2243

Let me expound a little bit: VFINX + NAESX = VTSMX or close enough. VGTSX is old hat. You want VFWIX which includes emerging markets and allows the foreign tax credit as well. REITs are found in the small cap value index. Could you use ETFs? A portfolio of VTI, VTV, VEU, VBR would be more tax effici...
by livesoft
Wed Dec 12, 2007 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Comments on tentative portfolio?
Replies: 10
Views: 2243

It's not clear to me if this is a portfolio while in retirement or while in the accumulation phase. On the face of it, it appears to more tax inefficient than it needs to be. But what is your marginal income tax bracket now? Are you Canadian?
by livesoft
Wed Dec 12, 2007 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation
Replies: 24
Views: 5310

Sounds like you are retiring at age 48 and using taxable accounts to pay for expenses until age 60 to 65. During those 10 to 15 years, I would be converting traditional IRA to Roth IRA while in a low tax bracket, so add that to the mix.
by livesoft
Wed Dec 12, 2007 6:39 pm
Forum: Investing - Theory, News & General
Topic: Why Roth vs 401k?
Replies: 17
Views: 3941

There was quite a discussion when that order of the world was posted in a sticky. Let's see if I can find the controversy by searching ... Ah, here it is: http://www.diehards.org/forum/viewtopic.php?t=6345 The fallback is that the phrase "general rule of thumb" leaves mucho room for exceptions. And ...
by livesoft
Wed Dec 12, 2007 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: What is your Net Worth ?
Replies: 81
Views: 25605

Ted Valentine wrote:When I voted 60% are >$700k. WOW...there are some wealthy people on this site.
I inferred that the many folks who are still working cannot easily answer the poll during work hours. And that those who are not working probably have a higher net worth and more time during the day :)
by livesoft
Wed Dec 12, 2007 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Can I get a second opinion on my portfolio mix?
Replies: 20
Views: 3064

shmoo100 wrote:Wouldn't that be too much international? (50%)
No. Every Fama & French slice-and-dice portfolio I have seen advocated by DFA-trained advisors uses 50:50 which is close to the market weights. I know others will disagree, but that's the facts.
by livesoft
Wed Dec 12, 2007 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can I get a second opinion on my portfolio mix?
Replies: 20
Views: 3064

I've invested for more than 25 years without a REIT or CCF fund, so not having those are no big deal to me. So what's wrong with using SPARTUN IS EQ INDEX (fusex) for your US total stock market core and then a couple of international funds along with a small cap to overweight small cap? FUSEX 40% PS...
by livesoft
Wed Dec 12, 2007 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Can I get a second opinion on my portfolio mix?
Replies: 20
Views: 3064

You impugned, but did not state directly that this is for a 401(k) and there are no outside 401(k) investments. Is that correct?
by livesoft
Wed Dec 12, 2007 3:31 pm
Forum: Investing - Theory, News & General
Topic: Told you so
Replies: 22
Views: 4191

Not "all" the posts perhaps. :wink:
by livesoft
Wed Dec 12, 2007 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Withdrawal and Allocation Strategies
Replies: 3
Views: 1125

What fraction of the 75% would be in the new tax-managed retirement withdrawal fund?
by livesoft
Wed Dec 12, 2007 12:32 pm
Forum: Investing - Theory, News & General
Topic: Told you so
Replies: 22
Views: 4191

But wait, if I could just get the trades right, I could have made a bundle!!! :lol: Ray Didn't you read the thread about buying on the dips? Yesterday was a classic. Just purchase your selected ETF(s) within 15 minutes of the market close. And rebalance this morning. Instant 4% return. Did you do t...
by livesoft
Wed Dec 12, 2007 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k
Replies: 8
Views: 2039

Since you have no children, will retire early, and appear to be an uber-saver, I would recommend using the traditional 401(k) to save 25% of your income tax now on the money. When your retire early, your income before you begin SS benefits will be a mixture of return of capital (tax-free), LT cap ga...
by livesoft
Wed Dec 12, 2007 11:46 am
Forum: Investing - Theory, News & General
Topic: Told you so
Replies: 22
Views: 4191

Raybo wrote:But wait, if I could just get the trades right, I could have made a bundle!!! :lol:

Ray
Didn't you read the thread about buying on the dips? Yesterday was a classic. Just purchase your selected ETF(s) within 15 minutes of the market close. And rebalance this morning. Instant 4% return.
by livesoft
Wed Dec 12, 2007 8:10 am
Forum: Investing - Theory, News & General
Topic: Why Roth vs 401k?
Replies: 17
Views: 3941

Apology accepted! :) Here's my take. If you will be taxed in retirement at a rate less than the marginal income tax rate that you will save by contributing to a 401(k), then the 401(k) is the winner. I think this is true even if your 401(k) has atrocious fees. And almost everyone will be in a lower ...
by livesoft
Tue Dec 11, 2007 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for future house and car downpayments?
Replies: 10
Views: 1930

As mentioned previously, one could change the fund used over time. I see no reason to have the same fund at the start of this endeavor and at the end of it. You could to 100% today and 5 years from now switch to a target retirement fund. Or a target retirement fund with 90% equities now and switch t...
by livesoft
Tue Dec 11, 2007 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo PMA or E*Trade for brokerage account?
Replies: 7
Views: 1857

Some comments about TramperAl's post. I click on the "real-time quote" option at WF and get real-time quote. But I concur that the trading platform is primitive. I use my legacy TDAmeritrade (nee Waterhouse) account to get real-time Level II quotes. I do use the WF checking account as our primary (i...
by livesoft
Tue Dec 11, 2007 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo PMA or E*Trade for brokerage account?
Replies: 7
Views: 1857

Maybe a search of "Wells AND Fargo AND PMA" would be useful to you?
Here is one result:
http://www.diehards.org/forum/viewtopic ... +fargo+pma
by livesoft
Mon Dec 10, 2007 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for future house and car downpayments?
Replies: 10
Views: 1930

When we were in your situation, we put it all in Vanguard Windsor II. It worked out rather well. We made enough not only for the downpayment, but also could've paid cash for the house. We got a low-interest mortgage instead and left most of it invested Consider this: It's only $75,000. The stock mar...
by livesoft
Mon Dec 10, 2007 10:10 pm
Forum: Investing - Theory, News & General
Topic: Did you miss the opportunity to Tax Loss Harvest?
Replies: 18
Views: 2388

As has been alluded to above on this thread, the TLH opportunities this year would probably only apply to positions purchased this year in taxable accounts. In June, the S&P500 was up about 10%, so the drops in August and November left you in the black for anything purchased prior to January (assumi...
by livesoft
Mon Dec 10, 2007 12:35 pm
Forum: Investing - Theory, News & General
Topic: How long is "long term" to you?
Replies: 8
Views: 1850

It can also be helpful to consider your goals. If you are saving for down payment on a house in 5 years time, you likely don't want to take the chance that your money will have declined. So stocks wouldn't be an appropriate investment vehicle. I would argue that a reasonable percentage stocks would...
by livesoft
Mon Dec 10, 2007 10:45 am
Forum: Investing - Theory, News & General
Topic: How long is "long term" to you?
Replies: 8
Views: 1850

To me "long-term" is the minimum time period where a suitably balanced and diversified portfolio has a 90% probability of returning at least the return of a money market fund. I think that would be more than 3 years, but less than 5 years.
by livesoft
Sun Dec 09, 2007 11:04 pm
Forum: Investing - Theory, News & General
Topic: The behaviour of uninformed stock pickers
Replies: 16
Views: 3789

The study was focussed on "stale" limit orders: those that were not filled right away, but maybe after a few days/weeks. These are where one might enter a "sell" if a predesiginated higher price was reached or a "buy" or "sell" if a predesignated lower price was reached. The study was not about thos...
by livesoft
Sun Dec 09, 2007 10:15 pm
Forum: Investing - Theory, News & General
Topic: Article: To Defer or Not to Defer
Replies: 9
Views: 3018

... --the nineties being over and 15%-20% returns no longer being the norm (hence the advantages of nontaxable compounding being subtle rather than dramatic), ... After the nineties came 2000-2007 or 8 years. 5 of those years have had returns of more than 15%. So I would think 15%-20% returns are s...