Search found 719 matches

by Midpack
Thu Mar 20, 2008 12:59 pm
Forum: Investing - Theory, News & General
Topic: Share Your Withdrawal Strategy
Replies: 28
Views: 6751

Me too.

I was about to ask the same question. I have seen all the autopilot (4% SWR adjusted for inflation) and some semi-autopilot approaches, but I was hoping for an approach that seeks to balance annual income smoothing (as much as possible since I'd rather avoid a +20% or -20% change YOY) with something...
by Midpack
Wed Mar 19, 2008 5:06 pm
Forum: Investing - Theory, News & General
Topic: Are tax managed index funds obsolete?
Replies: 17
Views: 4872

Re: TM funds

Gregory wrote:I'm going to stick with my TM Small Cap and TM Int'l. These VG funds have served me well, and I see no need (at this point) to move.
I've owned (and will continue to own) both funds too. So there's at least two of us...
by Midpack
Sat Mar 15, 2008 12:59 pm
Forum: Investing - Theory, News & General
Topic: The 4 Pillars of Financial Planning
Replies: 39
Views: 11731

I've been hammering away for months why the 4% rule is really a bad idea, but I think these few paragraphs show the foolishness of that approach quite succintly. I'm a newbie here and I've read this whole thread with great interest --- is what you're recommending detailed in another post/string som...
by Midpack
Sat Mar 15, 2008 11:32 am
Forum: Investing - Theory, News & General
Topic: leasing or buying car, new or used
Replies: 20
Views: 4666

Internet services are excellent for buying new, really makes it much easier to get to that lower price, but not of much value when buying used. Is there an internet service you can recommend? I've used autobytel or edmunds. But choose one, not several - all the dealers are there so you're not casti...
by Midpack
Sat Mar 15, 2008 10:33 am
Forum: Personal Investments
Topic: Critique My Portfolio
Replies: 11
Views: 1530

In your taxable account, I would direct dividends and capital gains from Van Gro & Inc Adm (Lg Blend) Dodge & Cox Stock (Lg Val) to Van Tot Stk Market Adm (Lg Blend) or Van Tax Mgd Cap Appreciation (Lg Blend) to improve tax efficiency. Fascinating, I didn't realize I could do that, I will l...
by Midpack
Sat Mar 15, 2008 10:20 am
Forum: Investing - Theory, News & General
Topic: leasing or buying car, new or used
Replies: 20
Views: 4666

I would just add that the lease vs. sale question cannot be definitively answered without an indication of how long you plan to own the car. Once you run the math you'll generally see that the shorter the length of ownership, the better leasing looks, and of course vice versa. As long as you unders...
by Midpack
Sat Mar 15, 2008 10:14 am
Forum: Personal Consumer Issues
Topic: what's been your favorite and least favorite cars?
Replies: 59
Views: 18987

Worst: Tied between 1975 Corvette (nothing good about it, sold it after 9 months) and 1996 Volvo 850GT wagon (had a horrible AC warranty issue). Best: 1984 Honda Prelude (had it for 164,000 miles, ran like a top the whole time) Favorite: 1973 Vega, only because it was my first car. It was a POS and ...
by Midpack
Sat Mar 15, 2008 10:05 am
Forum: Personal Investments
Topic: Critique My Portfolio
Replies: 11
Views: 1530

Why do you think small cap value is too tax inefficient for a taxable account? Have you really checked it out yourself? It is not much more tax-inefficient than your VTSAX. Yes, tax efficiency is one of the things I do track (from Morningstar). The 3 year numbers are VTMSX 0.13, VTSAX 0.27 and VTSV...
by Midpack
Sat Mar 15, 2008 9:04 am
Forum: Personal Investments
Topic: Critique My Portfolio
Replies: 11
Views: 1530

Other than some slight overlap in your large cap funds (possibly adding to expense ratios), which Piper and Livesoft have addressed, it looks like you have a portfolio Dr. Bernstein would be proud of. Other minor considerations include perhaps adding a tad more REIT (if it fits your comfort level) ...
by Midpack
Sat Mar 15, 2008 8:33 am
Forum: Personal Investments
Topic: Critique My Portfolio
Replies: 11
Views: 1530

Wow, good ideas already! I personally, would not have 'tax-managed' funds anymore in a portfolio but would use ETFs instead. Any chance you could explain further or tell me where to look for more info? In your taxable account, I would direct dividends and capital gains from Van Gro & Inc Adm (Lg...
by Midpack
Sat Mar 15, 2008 7:42 am
Forum: Personal Investments
Topic: Critique My Portfolio
Replies: 11
Views: 1530

Critique My Portfolio

I'm a newbie here and I've seen some insightful responses to this type of post, so why not? Age 53, fortunately we reached FI a few years ago, about 2-4 years from retirement. Never been afraid or risk, was 100% equities (individual and funds) until just a few years ago. We have maximized our use of...
by Midpack
Fri Mar 14, 2008 7:59 pm
Forum: Personal Investments
Topic: Just Weeks From Retirement - please help me choose
Replies: 21
Views: 4255

churk2008, I stopped looking at monthly ROI on my portfolio when I picked my current asset allocation. I found the temptation to calculate it and ponder if I should make changes frequently was more than I could stand, so I just started looking at my net worth every month. That has helped me stop &q...
by Midpack
Fri Mar 14, 2008 7:41 pm
Forum: Investing - Theory, News & General
Topic: leasing or buying car, new or used
Replies: 20
Views: 4666

Purchase, don't lease, pretty well established above. Don't buy new, buy used but late model vs older luxury brand (much higher maintenace costs, don't do it). Decide how much you want to spend and pick something with high reliability ratings in Consumer Reports, Honda and Toyota typically do well b...
by Midpack
Fri Mar 14, 2008 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest purchase ever?
Replies: 43
Views: 9308

I bought into an IPO for sentimental reasons (a once profitable sailboat company, Pearson, trying to come back to life). Owned the stock for a little over a year, and it went all the way to ZERO. Fortunately I only invested $1,000 --- so I can laugh about it and it makes a good cocktail party story,...
by Midpack
Fri Mar 14, 2008 3:59 pm
Forum: Personal Investments
Topic: Stay at Fidelity vs Move to Vanguard??
Replies: 66
Views: 21364

They are both good places to keep your money. I had all my money with Fido for about 10 years, most of my holdings were individual stocks and some active funds, and I was reasonably happy with them. However, about 5 years ago I moved to Vanguard to convert my holdings primarily to index funds (thank...
by Midpack
Fri Mar 14, 2008 3:45 pm
Forum: Investing - Theory, News & General
Topic: How to predict the short-term direction of gas prices
Replies: 33
Views: 4494

To Midpack: I did use shorthand since I thought everybody would understand what I meant but I guess I should have expected knee-jerk reactions from the "magic of the marketplace" people. I should have said it's obvious that Exxon et al can indeed control the general direction of short-ter...
by Midpack
Fri Mar 14, 2008 11:42 am
Forum: Investing - Theory, News & General
Topic: How to predict the short-term direction of gas prices
Replies: 33
Views: 4494

Re: How to predict the short-term direction of gas prices

Joe S wrote:It's very simple: Obviously, the big oil cartel controls gas prices at the pump.
I don't "see" anger. To their point, I'll just pick one of your many obvious assumptions. So big oil cartels control gas prices at the pump totally independent of demand? That's unique.
by Midpack
Fri Mar 14, 2008 10:54 am
Forum: Personal Investments
Topic: Retirement Tax Planning
Replies: 6
Views: 1586

Retirement Tax Planning

I'm a newbie here, and I did try search first, so go easy on me. I can (and have) develop spreadsheets all day to project spending, investment returns (incl probabilities), etc. factoring in inflation for retirement planning - but I never know how best to project taxes. What do you use to do so, cur...
by Midpack
Fri Mar 14, 2008 10:06 am
Forum: Personal Investments
Topic: My 401k at work sux! What should I pick? Some risk ok
Replies: 16
Views: 4510

Looks like the advice you're getting assumes your entire net worth (or most of it) is in your 401k. If the 401k is only a % of your net worth and you have a substantial % in taxable accounts, the advice should be different (ie, put tax efficient holdings in taxable, and tax inefficient like bonds, c...