Search found 27500 matches

by dbr
Fri Jan 18, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Gold ETF "Guarantee"
Replies: 39
Views: 2406

Re: Gold ETF "Guarantee"

It seems to me that if the premise is that gold is held in event of an undefined, unprecedented crisis then no assumptions are safe including the assumption that gold would have any value at all. If the anticipated crisis can be described more explicitly then it is possible to conclude what might or...
by dbr
Fri Jan 18, 2019 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Long-term Investment Advice Needed
Replies: 2
Views: 335

Re: Long-term Investment Advice Needed

1. Been looking at investing the cash and considering Betterment or Vanguard (since I apparently qualify for the Admiral level ETF fees, if putting the $50k in). Vanguard is slightly higher cost (.3 vs .25) but comes w/ the personal advice from team of investors if desired. It puts me off that I’d ...
by dbr
Fri Jan 18, 2019 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Just retired, advice on bonds and real estate
Replies: 7
Views: 413

Re: Just retired, advice on bonds and real estate

My 50,000 foot view of your whole situation. If you like doing real estate stuff for fun, then play on. If you consider it a chore, hassle, work or limit on other things, you have way more than enough to do absolutely nothing but fly around the world and vacation for the rest of your life if you si...
by dbr
Fri Jan 18, 2019 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Just retired, advice on bonds and real estate
Replies: 7
Views: 413

Re: Just retired, advice on bonds and real estate

I can't address real estate, but your numbers seem to say the income you want from your investments is a withdrawal rate of less than 2%. There would be no worry there. Someone else will have to analyze how secure and even what it means to say you can spend $64k a year raised from running a real est...
by dbr
Fri Jan 18, 2019 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Sanity check on investments
Replies: 4
Views: 463

Re: Sanity check on investments

Check the expense ratios on those funds to be sure they are the lowest cost Fidelity funds of those types. I don't know that information off the back of my hand.
by dbr
Thu Jan 17, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement
Replies: 3
Views: 313

Re: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement

When you start talking about what the Fed is going to do, that would be market timing. Anyway the Fed only sets certain short term rates and not the interest rates on the bonds in VBTLX. I would suggest that for long term investment purposes a diversified low cost intermediate term bond fund is a pe...
by dbr
Thu Jan 17, 2019 7:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Learning Module for Schools
Replies: 3
Views: 434

Re: Vanguard Learning Module for Schools

Very interesting question. I am sorry I am not familiar with this, but I would say a financial literacy program from Vanguard would be fabulous compared to a sales pitch disguised as education from some brokerage firm or even worse a pitch for stock picking.
by dbr
Thu Jan 17, 2019 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Good idea? Rent out current home after paid off
Replies: 20
Views: 988

Re: Good idea? Rent out current home after paid off

Rental real estate much discussed. My view is that if you are all in on running this side business then go for it. Otherwise I think you are going to end up buying a passle of problems you don't want.
by dbr
Thu Jan 17, 2019 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Investment Allocations in Brokerage vs. Retirement Accounts
Replies: 8
Views: 655

Re: Investment Allocations in Brokerage vs. Retirement Accounts

ETFs and mutual funds are the same thing, so your question is obscure. In general investment selection should follow these two steps: 1. Investment allocation meaning how much in stocks and how much in bonds wherever the funds are held. 2. Investment location meaning what location is most tax effici...
by dbr
Thu Jan 17, 2019 10:22 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 60
Views: 4823

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I am very happy with it. It's a bit more elaborate than the typical home shredder but it has worked out very well for me. I've used all of it's functions including shredding CD...
by dbr
Thu Jan 17, 2019 10:19 am
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 236
Views: 40437

Re: What to do when a parent's money runs out?

My mother is 93 and in fairly good health, and lives in an assisted living facility that costs about $8,000 per month. She has about $15k in annual pensions. She has about 4 years worth of money left. I manage all her finances and pretty well everything else relating to her life. She is grateful fo...
by dbr
Thu Jan 17, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 18
Views: 2113

Re: My Withdrawal Strategy - Poke holes in it

If you really mean to take sometimes more and sometimes less but never more than 4% of initial portfolio value and not adjusted for inflation, then that is probably as good a starting point as any. Over time things always happen that change what we decide to do. One concern is that I think you are ...
by dbr
Thu Jan 17, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: Difference between holding fixed income in bondETFs or banks
Replies: 11
Views: 1636

Re: Difference between holding fixed income in bondETFs or banks

The yield of a bond fund is after expenses so the formulation is a little off. On the other hand if there are transaction fees, a front end load, an advisory fee, a 401 plan fee, or trading costs in the fund, then that does have to be taken into account.
by dbr
Thu Jan 17, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Book on withdrawal strategies / retirement income?
Replies: 19
Views: 1861

Re: Book on withdrawal strategies / retirement income?

The books mentioned look interesting. but a book can only provide principles and guidelines and cannot give advice tailored to an individual. What software, either desktop or online, helps investors formulate a spending and investment plan in retirement, estimating life expectancy and incorporating...
by dbr
Thu Jan 17, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13550

Re: Around 43K in dividends last year - feel good about it ?

JustinR wrote:
Thu Jan 17, 2019 2:45 am

Go read the first post again. The OP asked if he should feel great for receiving dividends, and if it offset his losses. We have given him an answer: No.
Thank you. That really is all there is to see here.
by dbr
Wed Jan 16, 2019 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation
Replies: 15
Views: 1302

Re: Bond Allocation

In general messing around with which bonds you hold is less useful than adjusting the stock/bond allocation to control overall risk and return of the portfolio. This is especially true when what you are messing around with is only 20% of your portfolio. It is even more especially true when the bond ...
by dbr
Wed Jan 16, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 5759

Re: Any thoughts on the role of Gold in your portfolio?

To fully answer the OP, the catastrophe gold buyers are preparing for is the possibility of the federal reserve dropping interest rates to 0 again if the US has another big recession like 2008. In that case the gold holding would have to be a major part of the portfolio. 5% in gold is not going to ...
by dbr
Wed Jan 16, 2019 10:05 am
Forum: Investing - Help with Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 82
Views: 7939

Re: 100% in VTSAX - Is it crazy???

A scheme to think through that problem is need, ability, and willingness to take risk. The concept is discussed in some of Larry Swedroe's books. In the end it is a matter of applying judgement and preference to what you want to do. In your case your plan is not necessarily crazy. You just have to l...
by dbr
Wed Jan 16, 2019 12:45 am
Forum: Investing - Theory, News & General
Topic: When/why have you needed customer service from Fido, VG, Schwab etc.?
Replies: 30
Views: 1510

Re: When/why have you needed customer service from Fido, VG, Schwab etc.?

I can never ever remember having to go to an office to have an interaction with a fund company since on-line investment came to exist. I do remember old days when you might walk through the door of a brokers office after going to your safe deposit box at the bank to retrieve paper shares which you w...
by dbr
Tue Jan 15, 2019 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds, Bond Ladders, and Interest-Only Retirement
Replies: 5
Views: 681

Re: Bond Funds, Bond Ladders, and Interest-Only Retirement

Interest rate risk does not mean the same thing for an indefinite holding as it does for a holding that is intended to be liquidated at some time. If a person is going to need to liquidate the bond fund holding at a specific time they could find themselves cashing in when the price is somewhat depre...
by dbr
Tue Jan 15, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2755

Re: School staff threatened to call social worker

We are planning a trip back to China that would require 9 days of absence from my daughter’s school ( kindergarten ). I emailed to school to ask for permission and found out that school can only approve 6 days of excused absence . We plan to use 3 days of unexcused days and therefore will use up 5 ...
by dbr
Tue Jan 15, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 18
Views: 2113

Re: My Withdrawal Strategy - Poke holes in it

If you really mean to take sometimes more and sometimes less but never more than 4% of initial portfolio value and not adjusted for inflation, then that is probably as good a starting point as any. Over time things always happen that change what we decide to do. One concern is that I think you are u...
by dbr
Tue Jan 15, 2019 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds, Bond Ladders, and Interest-Only Retirement
Replies: 5
Views: 681

Re: Bond Funds, Bond Ladders, and Interest-Only Retirement

The crux of the issue is how important is it to them to maintain the value of their holdings? As it stands no matter what nuances of bond investments they engage in a 50/50 allocation of stocks and bonds will fluctuate considerably in value under any algorithm for determining what relatively low rat...
by dbr
Tue Jan 15, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2755

Re: School staff threatened to call social worker

Here is more detail from my local district. Essentially it is a legal process with possible court appearance. The Social Work issue has to do with child neglect, involvement of child protection, and possible removal of the child from the home. I am still trying to find information on how to establis...
by dbr
Tue Jan 15, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2755

Re: School staff threatened to call social worker

Schools are often paid from government funding that is based on the number of students each day in attendance, so they don't get paid as much if students don't show up. Thus, they are incentivized to get kids into the schools and make sure they show up. I went to college early, taking an informal a...
by dbr
Tue Jan 15, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Stocks
Replies: 3
Views: 572

Re: Small Cap Stocks

You should establish an asset allocation that matches your need, willingness and ability to take risk for your given time horizon and ignore investing advice that is dependent upon current market conditions forecasters. That is called market timing. Some people choose to have a tilt to small cap st...
by dbr
Tue Jan 15, 2019 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Custodial Account
Replies: 1
Views: 156

Re: Investing in Custodial Account

If you want the money later this year a savings account is exactly where it should be. An all stock investment such as SCHB could lose half its value over the course of a year. Certainly losses of 10%-20% are common. Now if such an outcome does not matter to you against an average chance of gaining ...
by dbr
Tue Jan 15, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2755

Re: School staff threatened to call social worker

I believe the issue in this case is not educational policy but legal. Every state has truancy laws and every district is involved in following the law. I don't understand the social worker reference as the relevant authority in cases of truancy is the Office of the District Attorney using the police...
by dbr
Tue Jan 15, 2019 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds vs. CDs
Replies: 31
Views: 1896

Re: Bonds vs. CDs

It is entirely possible for any variety of bond funds to deliver a 1, 2, 5 or whatever year return of more than 2.8%. Some bond funds have done that sort of thing many times in the past. I don't know what math you think could be found that says that is not possible. The difference, of course, is tha...
by dbr
Tue Jan 15, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: rebalancing questions
Replies: 6
Views: 547

Re: rebalancing questions

rkhusky, this is a taxable account and I watch my portfolio every day as well as the market, my only concern is rick management and making money. Im in the lowest tax bracket with this account being around $100,000. I have other money to add to this account so I would not have to sell the winners j...
by dbr
Tue Jan 15, 2019 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 56
Views: 5532

Re: Does anyone have entire 401K in bonds?

You need to consider your cash as part of your bond AA. In which case you don’t need more bonds. Is there a scenario where you do not? I have a few other life/family situations, where I feel a larger emergency fund is needed to allow me to sleep. For example, someone who may need high medical expen...
by dbr
Mon Jan 14, 2019 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1406

Re: Retirement portfolio

I often wonder, and this is no criticism of you, that if the prospect of watching over an already simple mutual fund portfolio appears daunting, how a person will manage all the rest of one's financial affairs including all sources of income, bank accounts, credit cards, taxes, health care issues (f...
by dbr
Sun Jan 13, 2019 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Personal Choice Retirement Account
Replies: 14
Views: 738

Re: Advice on Personal Choice Retirement Account

PCRA will be variable in cost depending on plan, as mentioned. At my company there is a $10 monthly fee to have the PCRA and there is a transaction cost to buy funds, maybe $7.95. Years ago my 401k charged an administrative fee on assets, but assets moved to the PCRA escaped that. These days the com...
by dbr
Sat Jan 12, 2019 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Real estate as part of overall investment plan
Replies: 37
Views: 2613

Re: Real estate as part of overall investment plan

Real estate is not for everyone and on this site it’s not for anyone. I own commercial real estate (people tend to take care of their property when their business is dependent on it). Current allocation is 36% real estate (not including residents) 34% stocks and 28% bonds 2% cash. That’s the alloca...
by dbr
Sat Jan 12, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 5759

Re: Any thoughts on the role of Gold in your portfolio?

Seems like semantics to call it insurance rather than an investment. Precious metals share elements of both. For an unknown event like Venezuela, the amount of precious metals required would make-up a meaningful portion of a portfolio thus worth tracking. A person who is really serious about the sa...
by dbr
Sat Jan 12, 2019 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless About Personal Finance At Age 30: Grew Up Poor, Now Make $400K+. Have No Clue What To Do With Money.
Replies: 29
Views: 5521

Re: Clueless About Personal Finance At Age 30: Grew Up Poor, Now Make $400K+. Have No Clue What To Do With Money.

You seem extremely concerned (rightfully so) about tax efficiency. There is a very good summary in the wiki termed "Tax efficient fund placement" or something along those lines. i think it's mostly because it's a topic i know nothing about and a close friend of mine with a similar background sold a...
by dbr
Sat Jan 12, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 5759

Re: Any thoughts on the role of Gold in your portfolio?

OK The answer is that people do indeed hold gold. Maybe some of them will answer. A serious approach to holding gold as part of a portfolio would be the Permanent Portfolio. https://www.investopedia.com/terms/p/permanent-portfolio.asp You can find lots of discussion of that on this forum as well if ...
by dbr
Sat Jan 12, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13550

Re: Around 43K in dividends last year - feel good about it ?

My portfolio threw around 43K total dividends in 2018 ( was around 36K in 2017). Around 14 k is taxable. This number does not include cap gains distribution by mutual funds. On one hand it feels good to see this stream of income coming in , but on the other I am still down by 90K for 2018 even afte...
by dbr
Sat Jan 12, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Minimizing Current Income in Taxable Portfolio
Replies: 3
Views: 339

Re: Minimizing Current Income in Taxable Portfolio

Not an expert, but an observation is that qualifying for ACA is about all your income and not just your investment income, which is likely a small part of the total. There are lots of people who are in a situation of earning too much money to qualify for one program or another. Maybe the solution is...
by dbr
Fri Jan 11, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: What are the disadvantages of taking all risk on equity side?
Replies: 63
Views: 3598

Re: What are the disadvantages of taking all risk on equity side?

Two disadvantages: 1. Lower returns in the long run 2. Worse diversification of your equity allocation If your time horizon is not the long run, and/or you have a small equity allocation, neither of these points will matter as much. It is not a lower expected return if you hold risk constant. Holdi...
by dbr
Fri Jan 11, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: What is an appropriate retirement gift?
Replies: 23
Views: 1350

Re: What is an appropriate retirement gift?

It isn't appropriate to give retirement gifts. The retiree might give the gift of throwing the bash. As with all events one attends bring a "host gift" of wine, whisk(e)y, or whatever. With close friends any kind of prank would go over well.
by dbr
Fri Jan 11, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13550

Re: Around 43K in dividends last year - feel good about it ?

You should feel terrible about the $14K in taxable dividends. Terrible? Seriously? Sometimes I think some people on this forum live in an alternate universe. You should feel proud. That is an excellent accomplishment. Your total dividends is more than my annual salary. Keep up the good work. Agree ...
by dbr
Fri Jan 11, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: SS/Pension/etc as bond allocation?
Replies: 25
Views: 1649

Re: SS/Pension/etc as bond allocation?

Did you count your salary as a bond? If you want to take more risk -- take it. Having a pension allows you to take a bit more risk if you desire. You don't need to convert an income stream into pseudo bond. Indeed so. Part of the process of need/ability/willingness includes the case of young people...
by dbr
Fri Jan 11, 2019 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Good calculators available?
Replies: 7
Views: 807

Re: Good calculators available?

Oh, boy. Good examples of "be careful what you ask for..." Let me simplify this, in your opinion, which is the best, most accurate calculator out there (that's also simple to use)? I don't think any of the calculators is good enough or accurate enough to be called "the best, most accurate." I tend ...
by dbr
Fri Jan 11, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: SS/Pension/etc as bond allocation?
Replies: 25
Views: 1649

Re: SS/Pension/etc as bond allocation?

Did you count your salary as a bond? If you want to take more risk -- take it. Having a pension allows you to take a bit more risk if you desire. You don't need to convert an income stream into pseudo bond. Indeed so. Part of the process of need/ability/willingness includes the case of young people...
by dbr
Fri Jan 11, 2019 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Preservation of capital at Age 93
Replies: 26
Views: 3156

Re: Preservation of capital at Age 93

My situation is not complicated but I plan to stay the course with the CDs (2.3%+) and the Treasuries (about 2%) and my question is : Is there a better course of action to accomplish my goal of capital preservation and mild appreciation for my heir? There is certainly nothing wrong or to worry abou...
by dbr
Fri Jan 11, 2019 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing with maturing CDs/bonds
Replies: 1
Views: 148

Re: Rebalancing with maturing CDs/bonds

I think it is generally assumed that income/withdrawal, distributions, or investment changes such as you mention can be opportunities to partially rebalance whether or not one is outside bands. The idea is that in these cases one is incurring no additional tax or other costs since the transactions a...
by dbr
Fri Jan 11, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: SS/Pension/etc as bond allocation?
Replies: 25
Views: 1649

Re: SS/Pension/etc as bond allocation?

Idk how realistic a pension can be thought of as a 250kbond here but just wanted to clear the math. Since a pension is not a bond there is no math to clear. There is a process to follow however. That process is to consider the pension to be what it is, which is a lifetime income stream in real or n...