Search found 58961 matches

by livesoft
Sun Aug 26, 2007 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: REITs and TR funds
Replies: 11
Views: 3016

AllianceBernstein already has TR funds with an allocation to REITs.
by livesoft
Sun Aug 26, 2007 6:36 pm
Forum: Investing - Theory, News & General
Topic: Catastrophic Risk
Replies: 4
Views: 1625

Oh, thanks for putting a link in your post rather than quoting the whole article :)
by livesoft
Sun Aug 26, 2007 6:11 pm
Forum: Investing - Theory, News & General
Topic: Catastrophic Risk
Replies: 4
Views: 1625

They should turn New Orleans into an American Pompei.
by livesoft
Sun Aug 26, 2007 5:56 pm
Forum: Investing - Theory, News & General
Topic: DCA, Value Averaging, or Tactical Asset Allocation
Replies: 38
Views: 12061

Is this question not deja vu? Did you ask this last month? Anyways, I wrote previously that I alway buy near the end of the day on days that there is a big dip in the stock market. That's tactical asset allocation. The reason is that my cash that gets invested on those days has missed one of the N w...
by livesoft
Sun Aug 26, 2007 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking some assett alocation advice....please
Replies: 8
Views: 1944

traditional IRA contributions for folks eligible for 401k's and 403b's are only deductible if income is really low. That's why Roth IRAs are usually used by folks with retirement plans at work. On the microcap question: experts suggest that microcaps are not the same as small cap, but for me I would...
by livesoft
Sun Aug 26, 2007 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Pros and cons of paying off current home mortgage?
Replies: 18
Views: 5269

My 76-year old mom still has a mortgage. I am in no hurry to pay off my sub-5% fixed rate mortgage. But YOUR situation is different. If you pay off your mortgage, you will reduce your annual expenses. If you reduce your annual expenses, then you can withdraw less from retirement accounts and that wi...
by livesoft
Sun Aug 26, 2007 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Paying a mortgage back with cheaper dollars
Replies: 11
Views: 3269

First, let's review inflation. If inflation is running 3% a year, then 24 years from now a dollar will buy only half of what it will today. Or if you like, you will need $2 to buy what you can buy with $1 today. Your house value goes up/down regardless of how much mortgage your have left or how much...
by livesoft
Sun Aug 26, 2007 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Yet another AA question
Replies: 8
Views: 2028

Here's my opinions. 1. slice-and-dice does better than total stock market at the expense of a trivial amount of complexity. 2. Don't worry about Admiral shares at all. If you get them, you get them. If you don't, it won't matter. 3. Not applicable because you stopped worrying about Admiral shares al...
by livesoft
Sun Aug 26, 2007 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Seeking some assett alocation advice....please
Replies: 8
Views: 1944

Your percentage of fixed income is going to be a personal choice arrived at by reading some books, living through some market losses, and getting old. I was comfortably at 90-95% equities until I was about 48 years old. Two years later I am comfortably at 75% equities because I am contemplating reti...
by livesoft
Sun Aug 26, 2007 10:07 am
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

I read the article and I also came away non-plussed. Countrywide sells money. They buy money at wholesale and sell it at retail. They could've been selling groceries, cars, healthcare, a restaurant meal, plumbing services, ..., whatever.

Caveat emptor.
by livesoft
Sat Aug 25, 2007 9:59 pm
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

Re: Pacific

I've never noticed a copyright or "all rights reserved" clause in a newspaper. I certainly don't consider it "stolen property" given the fact you made clear the source and author. It's not like this article could be sold a week later for profit. Anyone could find a copy in the nearest trash bin the...
by livesoft
Sat Aug 25, 2007 9:45 pm
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

Uh, you did not read it on the google news site. GoogleNews simply linked the article. You read it on the NYTimes site. You cut and pasted it from the NYTimes site.
by livesoft
Sat Aug 25, 2007 9:30 pm
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

livesoft, please answer my inquiry. Why is this "stolen property"? I read it on Google News. I attributed the article to being authored by Gretchen Morganson and stated that it appeared in today's NY Times. Is this improper because I used the entire article rather than parts of it? What are the gui...
by livesoft
Sat Aug 25, 2007 8:59 pm
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

To make a link, cut and paste the URL.
by livesoft
Sat Aug 25, 2007 8:50 pm
Forum: Investing - Theory, News & General
Topic: Inside the Countrywide Spending Spree
Replies: 28
Views: 6216

The moderators should remove the above post since it is stolen property from the NYTimes. Link it if you must, but don't steal it.
OP has been edited. The rules for not copying google news content are clearly posted on the google news site and the NYTimes site.
by livesoft
Sat Aug 25, 2007 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs taxable accounts
Replies: 8
Views: 2275

I would also max out the 401(k) by using withdrawals from taxable. The money withdrawn from taxable would probably be a mix of return of capital (i.e. tax-free) and gains (hopefully taxed at lower rate than marginal income tax rate). In this hypothetical situation, the investor would be in a very lo...
by livesoft
Sat Aug 25, 2007 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Cash reserves in retirement? How much, and WHY?
Replies: 46
Views: 14102

Looks like too much overanalyzing to me. If one has a safe withdrawal rate of about 4%, that means you retire with 25 times your annual expenses. 3 years of cash and cash-equivalents (let's say short term bond fund) would be only 12% of your portfolio. Toss that 12% in with the fixed income allocati...
by livesoft
Fri Aug 24, 2007 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Getting a good price on large ETF purchases
Replies: 6
Views: 2464

I recently purchased half of today's trading volume of GWX, but I did it on a day with more volume. I don't think I did as well as I wanted to, but here's what I did: I used TDAmeritrade account to watch the order flow of GWX in real time. You are buying from computer programs with these low trading...
by livesoft
Fri Aug 24, 2007 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Is it best to take money out up front or a % from a windfall
Replies: 4
Views: 1084

It is not so easy to find "a GOOD financial advisor." Maybe less than 2% of the ones you interview will be good. Pete W, I would probably not want to choose between either of those two options that you gave us. It's best to have a good plan for the future instead. Get educated on this or get ripped ...
by livesoft
Thu Aug 23, 2007 6:28 pm
Forum: Investing - Theory, News & General
Topic: Bill Gross and the Bailout of the American Homeowner
Replies: 37
Views: 7937

If bailing out causes my holding to go up 10% and not bailing out causes them to drop, which way should I vote?
by livesoft
Thu Aug 23, 2007 2:12 pm
Forum: Investing - Theory, News & General
Topic: TIAA/CREF vs Vanguard
Replies: 15
Views: 12227

I have had a 403(b) at TIAA-CREF for more than 20 years. While they have an excellent reputation, they have also higher fees than Vanguard, a clunkier web site, are a little bit pickier about filling out forms correctly. I would not put any new money with them. I have not used their advisors, but re...
by livesoft
Thu Aug 23, 2007 1:48 pm
Forum: Investing - Theory, News & General
Topic: Flagship Status
Replies: 11
Views: 3872

Please let us know when you get to "double-secret Flagship" status. This coveted class of Vanguard status is reserved for only special customers. Vanguard does not announce the criteria publicly, but your mailman will know when you get there.
by livesoft
Thu Aug 23, 2007 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Privacy and mail from Vanguard or other brokers
Replies: 11
Views: 1834

Are you also paranoid that if you receive alot of umarked brown envelopes that the mailman will think you get alot of porn mailed to you?
by livesoft
Thu Aug 23, 2007 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Privacy and mail from Vanguard or other brokers
Replies: 11
Views: 1834

My incoming mail goes to a locked box that only my family can open. I guess the mailman can see this stuff, but so what? A dishonest mail carrier can simply steal all your mail regardless what was written on the outside.

Yes, you are too paranoid.
by livesoft
Thu Aug 23, 2007 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with parents retirement
Replies: 4
Views: 1115

There is no way to properly answer this question. Since they have other assets that will keep them going for 8-10 years it would seem to me that one would want to still develop an overall asset allocation plan that included ALL their assets and not just this retirement settlement. Also their tax sit...
by livesoft
Thu Aug 23, 2007 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Placement of Funds
Replies: 4
Views: 1469

I will speak from the same experience. We had PRIMECAP admiral shares in an IRA also held more than 10 years. It's a behavioral finance trap to hold on to those shares. There is nothing particular special about primecap. It's an actively managed large growth fund as well, but I recall it's numbers b...
by livesoft
Wed Aug 22, 2007 12:45 pm
Forum: Investing - Theory, News & General
Topic: Possible TD Ameritrade / E*Trade Merger
Replies: 24
Views: 5471

FWIW, when TDAmeritrade finally switched "platforms" for former TDWaterhouse clients in May, they allowed these clients to move to other brokerages and close their accounts for free. Furthermore transfers are free for TDAM apex level customers. Also, though the cash sweep pays a poor rate, one can p...
by livesoft
Wed Aug 22, 2007 8:48 am
Forum: Investing - Help with Personal Investments
Topic: 401K help?!
Replies: 8
Views: 2314

doesn't the effieicent market theory hold that your oversized returns will eventually reverse and the ER will eventually be the true difference in return? So what? In the meantime I enjoy better returns than the index until that happens. Also don't forget the fund I use takes on more risk to get th...
by livesoft
Wed Aug 22, 2007 8:14 am
Forum: Investing - Help with Personal Investments
Topic: 401K help?!
Replies: 8
Views: 2314

You've been hanging around this too long. I would not pick a fund simply on its expense ratio. An example I have used before is that my 401k has an intermediate term bond fund with an er of 1.2%. Yet it has significantly exceeded the return of the intermediate term bond index fund for the last 3, 5,...
by livesoft
Tue Aug 21, 2007 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Second-guessing my first-time bond investment. Advice?
Replies: 6
Views: 1680

Option 2. Do it.
by livesoft
Tue Aug 21, 2007 7:18 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns advocates Taiwan Semiconductor!
Replies: 1
Views: 913

Scott Burns advocates Taiwan Semiconductor!

In a column this week on ETFs Scott Burns says to buy TSM. I had expected at least the online column to be corrected by now.
by livesoft
Tue Aug 21, 2007 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Estimated Tax Question
Replies: 8
Views: 2345

If your AGI exceeds a certain level, one safe harbor is 110% of the previous year's withholding. I use the Thanksgiving holiday to run the numbers with a newly purchased TurboTax with my actuals along with the estimates for December distributions posted by my funds. Then I plan accordingly. Part of ...
by livesoft
Tue Aug 21, 2007 4:58 pm
Forum: Investing - Theory, News & General
Topic: How do companies compensate third party 401k advisors
Replies: 9
Views: 4909

You can ask these advisors the following: Suppose we have only Fideltiy Spartan plans available in our 401k with expense ratios of just 0.1%, would you still be paid by Fidelity? I think generally these folks can be paid out of 12b-1 fees. If your plan has a total of $10 million in assets and the ex...
by livesoft
Tue Aug 21, 2007 4:22 pm
Forum: Investing - Theory, News & General
Topic: How do companies compensate third party 401k advisors
Replies: 9
Views: 4909

My spouse's plan run by Hartford Life charges an additional 1.25% over the mutual fund expense ratios for mortality and administration expenses. In addition, a portion of the mutual fund e.r.'s is also paid to Hartford. I have seen quoted something like $5,000 a year plus $20 an employee, but I beli...
by livesoft
Tue Aug 21, 2007 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: GWX traded at $250!!
Replies: 13
Views: 2747

I think the $250 trade, if it was real, would've been rescinded anyways.

What about today and an apparent trade at $36.50 this afternoon? Is that also a typo and should be $33.50?
by livesoft
Tue Aug 21, 2007 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: GWX traded at $250!!
Replies: 13
Views: 2747

More GWX shenanigans today. For those (was it ddb?) that don't believe limit orders are important with these low trading volume ETFs, care to comment?
by livesoft
Tue Aug 21, 2007 12:43 pm
Forum: Investing - Theory, News & General
Topic: Dodge and Cox, and/or others for international value?
Replies: 4
Views: 1399

If you equate dividends with a value tilt, maybe look at PID?

Full disclosure: I own DODFX, VTRIX, PID and just sold DLS for tax-loss harvesting.
by livesoft
Mon Aug 20, 2007 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: When to do tax-loss harvesting?
Replies: 57
Views: 13161

Selling an asset (VTI) in a taxable and buying the exact same asset (VTI) in an IRA will probably be looked upon dimly in a tax audit and the loss disallowed -- at least from everything I've read on the subject. Of course, the chance of an audit is so low that you won't be able to tell us what happe...
by livesoft
Mon Aug 20, 2007 9:32 pm
Forum: Investing - Theory, News & General
Topic: New Voyager
Replies: 34
Views: 10621

FWIW, when we login in, in the upper left the display states "Voyager Investors". Just below the Search button in the upper right, it has "Questions? Contact your Voyager Service team"
by livesoft
Mon Aug 20, 2007 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Feedback - Windfall Assistance
Replies: 6
Views: 2065

My state has no income tax. I am married with one child who will need to go to college in 18 years. I've been reading a lot about asset protection. Does anyone here have any advice on that too? I was going to set up an LP or LLC probably with help from an attorney/CPA. I have an umbrella insurance ...
by livesoft
Mon Aug 20, 2007 4:35 pm
Forum: Investing - Theory, News & General
Topic: By Larry Swedroe: Deja Vu, All Over Again
Replies: 34
Views: 9297

While quants may have seen this summer as a 1 in 10,000 year event, you can see that last year in May-June 2006 stock indices dropped by similar or greater amounts. There was some hysteria last year when this happened, but there seems to be more this year.
by livesoft
Mon Aug 20, 2007 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Average Bonds?
Replies: 10
Views: 2135

Once again, the differences between LS and DCA are small when you have a lump sum to invest. So despite LS being better, it is not significantly better, thus it really doesn't matter what you do. If you believe interest rates are going to go up, then I would DCA into bonds. If you believe that inter...
by livesoft
Mon Aug 20, 2007 4:02 pm
Forum: Investing - Theory, News & General
Topic: New Voyager
Replies: 34
Views: 10621

This is my first post to this forum ... I supposed the lower trading commission will help me a little. I only buy a few shares of Berkshire Hathaway Class B once a year and have been buying it through Scottrade since it only costs $7. I'll probably buy it through the VBS now since it's only $20 and...
by livesoft
Mon Aug 20, 2007 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting
Replies: 17
Views: 3813

Thanks everybody for the info in this and an earlier post. I didn't really understand the importance of TLHing until today. I have two quick questions: 1. It sounds like the maximum amount that a ST or LT loss can offset ordinary income is $3,000 per year, but a larger loss, say $9,000, could be ca...
by livesoft
Mon Aug 20, 2007 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Reallocating my taxable portfolio
Replies: 12
Views: 3864

I recommend buying bond funds right now all at once. They should not move too much in NAV and you would have the cash parked in the somewhat similar MMF anyways.
by livesoft
Mon Aug 20, 2007 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to transfer Roth,Traditional,and 401K to Vanguard?
Replies: 3
Views: 1337

The most efficient way is to not talk to TDAmeritrade at all. Simply get the transfer forms from the Vanguard web site or call them up. Tell VG (on the form) that you want to transfer "in-kind". If you have non-Vanguard funds, then you will need to open a Vanguard brokerage account to hold the non-V...
by livesoft
Mon Aug 20, 2007 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting
Replies: 17
Views: 3813

Alessandro gave an excellent explanation why ST losses are more valuable to me. I just wanted to add that #1 is an important method for me to avoid the behavioral finance trap of loss aversion. It is a mechanical method I use to prevent myself from holding onto to loser positions. You may ask, "Well...
by livesoft
Mon Aug 20, 2007 8:06 am
Forum: Investing - Theory, News & General
Topic: Where is the Vanguard INDEX 500 ETF?
Replies: 6
Views: 1761

There is already a trademarked S&P500 index ETF called SPY, so Vanguard cannot use that space. Either choose SPY itself, IYY or another similar Vanguard ETF such as VV. Search for ETFs using www.etfconnect.com
by livesoft
Sun Aug 19, 2007 6:55 pm
Forum: Investing - Theory, News & General
Topic: New Voyager
Replies: 34
Views: 10621

Monetarily, the benefits of Flagship are almost non-existent, so there is nothing to lament. Everyone realizes by now that WellsFargo (FREE checking and brokerage and walk-in banks if you feel you need that) is a better deal checking and broker-wise, so that's where my money goes.
by livesoft
Sun Aug 19, 2007 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: How to save for a downpayment on a house
Replies: 10
Views: 2970

Presumably when you sold shares with the $8820 loss, you took the loss on your taxes, right? So Uncle Sam helped mitigate the loss. If there was no tax loss, then that means you actually made money! I'm not sure what this "surcharge" is that you are writing about? If you mean taxes, well you'd be pa...