Search found 1229 matches

by HIinvestor
Mon Apr 28, 2014 9:07 pm
Forum: Investing - Theory, News & General
Topic: Poll: Would you EVER recommend 100% equity?
Replies: 136
Views: 33283

Re: Poll: Would you EVER recommend 100% equity?

Just talked to a young 26 year old male who is 100% in stocks and doesn't understand why his folks aren't. Told him we like sleeping well at night and he says he wants his funds to grow as fast as possible and feels the C fund in the TSP is probably the best place for it. He doesn't plan to touch an...
by HIinvestor
Sun Apr 27, 2014 3:34 am
Forum: Investing - Theory, News & General
Topic: Collective thoughts [investing mini-reference]
Replies: 54
Views: 163965

Re: Collective thoughts [investing mini-reference]

Thanks SO MUCH, Robert! This is such a treasure trove of organized information! It would be great if it could be stickied, so it doesn't fall to the bottom of the thread. It is a great place for newbie investors and even not so new investors who are tried to be more informed about the issues (and co...
by HIinvestor
Sun Apr 27, 2014 12:46 am
Forum: Investing - Theory, News & General
Topic: muni bond funds and amt
Replies: 3
Views: 1289

Re: muni bond funds and amt

Shortly after we had our first child, we invested $15k in zero coupon munis @ 9% interest. They were set to mature in time to help us fund our kids' college educations. That worked very well for us. No state taxes were due. It was all the bonds we held in our portfolio. Our state is talking about is...
by HIinvestor
Sun Apr 27, 2014 12:42 am
Forum: Investing - Theory, News & General
Topic: POLL: the WORST financial advice you've given/received?
Replies: 61
Views: 16985

Re: POLL: the WORST financial advice you've given/received?

Our former Schwab broker kept trying to get us to have an active manager and/or use Windhaven, which underperformed but supposedly is safer during turbulent times like now. The new Schwab broker is trying to get us to buy actively managed funds with high ERs, despite our repeated interest in index f...
by HIinvestor
Sat Apr 26, 2014 9:48 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 554
Views: 211680

Re: TV show recommendations?

Sleepy Hollow and Grimm are the two favorites in this household. Sadly, not enough episodes are shot of either and there are so many breaks between episodes!
by HIinvestor
Sat Apr 26, 2014 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners insurance Increases
Replies: 13
Views: 1790

Re: Homeowners insurance Increases

We have an insurance agent whom we pay a service fee of $100 per policy. She helps us keep our premiums decent with good companies. Believe our premiums DROPPED enough for us to double our umbrella policy from $1mm coverage to $2mm in coverage at no extra cost. If rates seem high, she shops around. ...
by HIinvestor
Sat Apr 26, 2014 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Social Security Decision
Replies: 25
Views: 2932

Re: Help with Social Security Decision

Read this paper on SS to think about whether some of these suggestions could benefit your situation. It's very thorough and has lots of useful data.

http://siepr.stanford.edu/system/files/ ... _2013b.pdf
by HIinvestor
Sat Apr 26, 2014 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: When should Mom collect social security?
Replies: 8
Views: 1277

Re: When should Mom collect social security?

Here's one of the threads on spousal benefits.

viewtopic.php?f=2&t=130266

Here's a very thorough paper with good data on SS.

http://siepr.stanford.edu/system/files/ ... _2013b.pdf
by HIinvestor
Sat Apr 26, 2014 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: When should Mom collect social security?
Replies: 8
Views: 1277

Re: When should Mom collect social security?

See if she can already be collecting SS spousal benefits from your dad's SS. After he dies, she should be able to get survivor SS from your dad. Have her call SS.
by HIinvestor
Sat Apr 26, 2014 3:19 am
Forum: Investing - Help with Personal Investments
Topic: Pensions as pert of bond allocation
Replies: 5
Views: 1022

Re: Pensions as pert of bond allocation

That's a good point. If your entire portfolio is "play money," to be used for legacy or extras, it's one scenario. If the funds will be part of the money you will need for near term spending in retirement, it's important to consider less volatility. I agree that it's important to consider ...
by HIinvestor
Fri Apr 25, 2014 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed income % at retirement
Replies: 41
Views: 10398

Re: Fixed income % at retirement

Even though we only hold 10% in bond funds, we also hold 25% of investable assets in cash, plus our emergency fund. 100% of our cash expenses are funded through DB pension with COLA; pension is guaranteed for life with 55% survivor benefit. We also have constant stream of rental income in addition t...
by HIinvestor
Fri Apr 25, 2014 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Open a Brokerage Account with Inherited IRA?
Replies: 15
Views: 1575

Re: Can I Open a Brokerage Account with Inherited IRA?

Hmmm, good to know. I wasn't aware that you had to have a separate account to buy stocks and couldn't just buy them in the same portfolio you hold your index/mutual funds in. Good to know, as we DO have some individual stocks among the holdings we will be transferring to Vanguard.
by HIinvestor
Fri Apr 25, 2014 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Pensions as pert of bond allocation
Replies: 5
Views: 1022

Re: Pensions as pert of bond allocation

Here's the most recent thread on the subject. We also have a significant pension that will more than pay for all our expenses now and after either of us dies. It does seem to give you more latitude on how you want to divide things up. One issue is that you will still have the RMDs if you have tax-de...
by HIinvestor
Fri Apr 25, 2014 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: How long to pay off your mortgage?
Replies: 66
Views: 16668

Re: How long to pay off your mortgage?

We prepaid an extra $500 many months so it would be fully paid by the time H retired. It worked and feels great! Managed to come up with the extra $500 even while paying for both kids in college! :D
by HIinvestor
Fri Apr 25, 2014 1:39 am
Forum: Investing - Theory, News & General
Topic: Roth or regular 457 - concerned about future tax policy
Replies: 10
Views: 906

Re: Roth or regular 457 - concerned about future tax policy

It is indeed hard to accurately forecast our income in retirement, or at least it was for us. We had thought it would be lower than it was when H was working, but oddly, many things happened that have made our income for federal tax purposes higher than we expected. For state income taxes, it's cons...
by HIinvestor
Fri Apr 25, 2014 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Go-Go, Slow Go, No Go theory
Replies: 14
Views: 3567

Re: Go-Go, Slow Go, No Go theory

So much depends on the individuals involved. My folks started their globe trotting when we were in college and grad school. Fortunately, they were able to do so at very low cost. They were traveling quite a lot until their early to mid 80s. They still spend a fair amount at the golf course and dinin...
by HIinvestor
Thu Apr 24, 2014 3:44 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance advice?
Replies: 14
Views: 4139

Re: Auto Insurance advice?

If you have an umbrella policy, see what policy limits they require you to have on your auto policy. It's often cheaper to have the umbrella kick in and pay for losses above the auto policy limits than buying higher auto policy limits. We used an insurance agent--her few was lower than the savings w...
by HIinvestor
Thu Apr 24, 2014 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Issues
Replies: 15
Views: 2422

Re: Estate Planning Issues

Even if she leaves them a trust or an annuity, they could go to a place like Peachtree or similar to get a cash advance based on the current value of the asset once it is in sisters names, I believe. If the attorney can think of a way to minimize this, that would be helpful as well.
by HIinvestor
Thu Apr 24, 2014 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: TSP access after leaving the feds?
Replies: 6
Views: 2095

Re: TSP access after leaving the feds?

You can also roll traditional IRAs and other investments into the TSP. One caveat, you can only take ONE withdrawal--it has to be total (other than RMDs when the person is 70.5). We are happy with TSP because of it's very low ERs and no management fee. The options are limited but have performed well...
by HIinvestor
Thu Apr 24, 2014 4:19 am
Forum: Personal Finance (Not Investing)
Topic: Some sense of having enough
Replies: 13
Views: 2880

Re: Some sense of having enough

It does feel very comforting to finally realize that if H or I died tomorrow, the survivor would be very comfortable financially. We haven't really adjusted our spending much, but it does make us less concerned about the specter of dying broke and more concerned about how we would like to help our k...
by HIinvestor
Thu Apr 24, 2014 4:15 am
Forum: Personal Finance (Not Investing)
Topic: High Umbrella Limits - A waste
Replies: 77
Views: 9706

Re: High Umbrella Limits - A waste

In our state, the BEST attorneys in the lawsuit are often those hired by the umbrella insurance firms. I want them defending me and being sure that the injured person gets the money and care they deserve. The cost of umbrella liability policies are quite reasonable for the peace of mind they provide...
by HIinvestor
Thu Apr 24, 2014 1:32 am
Forum: Investing - Help with Personal Investments
Topic: Schwab--Retirement Plan & Chat with Advisor
Replies: 6
Views: 1173

Re: Schwab--Retirement Plan & Chat with Advisor

Yes, we did get a little handout about how they are compensated. They are salaried and get some money for assets under management. We will likely take most of our assets out of our accounts there and transfer to Vanguard. We will likely keep a smallish taxable account there, just because it IS conve...
by HIinvestor
Wed Apr 23, 2014 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab--Retirement Plan & Chat with Advisor
Replies: 6
Views: 1173

Schwab--Retirement Plan & Chat with Advisor

Had a 2-hour consultation yesterday with a new Schwab advisor. The prior one kept encouraging us to buy Windhaven and have an actively managed account. We weren't interested. The new advisor tried to encourage us toward mutual funds (away from "simple" index funds). She also tried to encou...
by HIinvestor
Wed Apr 23, 2014 12:41 am
Forum: Personal Consumer Issues
Topic: Where would you retire, if $ were no object?
Replies: 89
Views: 21604

Re: Where would you retire, if $ were no object?

I would live where I am living, Honolulu, HI, near family and friends. We have great weather and my kids hopefully will come back and settle down here when they start their families. All my sibs and my folks live here; we have lived here nearly all my life and our kids grew up here. I think living n...
by HIinvestor
Tue Apr 22, 2014 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Secured or Unsecured?
Replies: 9
Views: 1093

Re: Secured or Unsecured?

How quickly are you able to repay? We got a 0% interest on CC and charged part of a new vehicle on it. Paid minimum monthlys and then balloon payment in full before interest and finance charges would start. Worked great for us. :)
by HIinvestor
Tue Apr 22, 2014 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare and FEHB
Replies: 16
Views: 2150

Re: Medicare and FEHB

Part of our decision making is guided by H's folks who had a lot of medical treatment in the last five plus years of their respective lives. Because they had both BCBS PPO insurance from FEHB and Medicare B, they basically paid only Rx co pays out of pocket and none of the otherwise huge medical bil...
by HIinvestor
Tue Apr 22, 2014 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Need help figuring out the optimum financial instrument
Replies: 4
Views: 543

Re: Need help figuring out the optimum financial instrument

If you're not sure how she will handle finances, I'd send her a monthly check to start and see how she does. If she is responsible with it, you can start stretching it out so you only send her a larger every two months and then a check every quarter. We also gave our kids a CC that was joint with us...
by HIinvestor
Mon Apr 21, 2014 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Need living expenses w/o withdrawing from 401k. Advice?
Replies: 6
Views: 961

Re: Need living expenses w/o withdrawing from 401k. Advice?

One way to cut expenses is to "couch surf," if you have a willing friend or family member (but this can get old for you and them fast). You could offer to do chores for rent for a family member or friend to help cut costs or housesit or petsit. Agree that DRAMATICALLY cutting expenses woul...
by HIinvestor
Mon Apr 21, 2014 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Typical fees for an account with Morgan Stanley ?
Replies: 20
Views: 6892

Re: Typical fees for an account with Morgan Stanley ?

We had most of our assets with M/S for many, many years (H's friend was our broker). We ended up with a net loss when we took our money out after having it with them for about 15 years! S was incredulous, considering how well the stock market did over that time period. We are now at Schwab and consi...
by HIinvestor
Mon Apr 21, 2014 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Medicare and FEHB
Replies: 16
Views: 2150

Re: Medicare and FEHB

Thanks for discussing this topic. It periodically resurfaces among H and his fellow retires from federal govt. H has opted for Medicare B and FEHB; I plan to as well once I am eligible. Many of the retirees he has spoken with have opted NOT to get Medicare B. It gives us additional peace of mind.
by HIinvestor
Sun Apr 20, 2014 4:07 am
Forum: Personal Finance (Not Investing)
Topic: paydown strategy for mortgage
Replies: 43
Views: 5544

Re: paydown strategy for mortgage

Love having the mortgage finally fully paid off. It feels wonderful! Sounds like you & your spouse can make this happen since you both value it. I do wonder about your emergency fund, in case "stuff happens." I like having 6-12 months of our expenses in cash (or similar), "just in...
by HIinvestor
Sun Apr 20, 2014 2:10 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA from Merrill Lynch
Replies: 8
Views: 1836

Re: Inherited IRA from Merrill Lynch

Sorry for your loss. Yes, for our inherited IRAs, the original firm made an Inh IRA (or regular DOD) account--depending on original acct-- for each beneficiary. Each beneficiary then figured out whether to leave it or worked with target firm to transfer account. The firms are good about working with...
by HIinvestor
Sun Apr 20, 2014 1:35 am
Forum: Personal Finance (Not Investing)
Topic: You can lead a horse to water... [Giving financial advice]
Replies: 50
Views: 6895

Re: You can lead a horse to water... [Giving financial advic

Wow, nice update! Hope things are improving for your friends, OP. I'm sure they appreciated your help with the heating oil money. Here's hoping things keep getting better.
by HIinvestor
Sun Apr 20, 2014 1:03 am
Forum: Personal Finance (Not Investing)
Topic: POLL: If Eligible For Social Security .....
Replies: 71
Views: 6191

Re: POLL: If Eligible For Social Security .....

I am too young to eligible and plan to defer until I am 70. Spouse has federal pension that exceeds the minuscule portion he would have qualified for, as it's totally offset by windfall elimination provision. We are comfortable on the pension. The SS should help replace one of his inherited tIRAs th...
by HIinvestor
Sat Apr 19, 2014 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: AA accross multiple accounts
Replies: 25
Views: 2419

Re: AA accross multiple accounts

Have read a few articles on the topic so far. For us, we are likely to go with asset allocation among classes--tax deferred, Roth, and taxable (tho no REIT in taxable and only tax exempt bond fund in taxable). We are already having to get RMDs from H's tax deferred accounts, so I like having it bala...
by HIinvestor
Sat Apr 19, 2014 1:15 am
Forum: Investing - Help with Personal Investments
Topic: AA accross multiple accounts
Replies: 25
Views: 2419

Re: AA accross multiple accounts

We also have many accounts. H and I each have an employer 457 plan. We each have 2 Roth IRAs. We also each have a tIRA. H has an inherited IRA. H has an inherited investment account at a different brokerage that we have not yet consolidated. We also have several joint accounts--only one is an invest...
by HIinvestor
Fri Apr 18, 2014 3:29 am
Forum: Personal Finance (Not Investing)
Topic: Resort Property as Primary Residence
Replies: 16
Views: 1894

Re: RESORT PROPERTY AS PRIMARY RESIDENCE

Some thoughts about homes on or very near golf courses have a few rarely considered problems--stray golf balls can end up in your home or yard many times--every day. Pesticides used on courses to keep fairways and greens lovely can drift and cause health problems. These are some of the issues homeow...
by HIinvestor
Thu Apr 17, 2014 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein retirement plan
Replies: 41
Views: 8748

Re: Bernstein retirement plan

Yes, it's good to have a strong safety net and then "play" at your comfort level with anything beyond that. I don't see why you should jeopardize living comfortably in retirement, since most of us have cloudy crystal balls and statistics are cold comfort when you see your retirement invest...
by HIinvestor
Thu Apr 17, 2014 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard index funds through Schwab
Replies: 18
Views: 8942

Re: Vanguard index funds through Schwab

I don't think anyone was lying. The shares I bought from Schwab were the regular Vanguard Index Mutual Funds, NOT Admiral ones, even though the amounts I purchased were over $10,000 per fund. (The Schwab manager was able to waive the $76 fee but NOT convert it into the lower expense ratio Admiral sh...
by HIinvestor
Thu Apr 17, 2014 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard index funds through Schwab
Replies: 18
Views: 8942

Re: Vanguard index funds through Schwab

Just got off the phone with a supervisor who waived the $76 transaction fee I was charged for buying Vanguard Index funds in my Schwab account. Will be meeting with a Schwab person to talk about an investment plan and whether they have any good index funds that can match or beat the low earnings rat...
by HIinvestor
Wed Apr 16, 2014 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: New inheritance
Replies: 4
Views: 1221

Re: New inheritance

My relatives are a similar age to you and are polar opposites. The H likes day trading, truly. He's a gambler at heart and loves the wins so much he forgets the losses. His partner is very conservative and nearly all in bonds. Between themselves, I guess it balances out. Agree that you need to figur...
by HIinvestor
Wed Apr 16, 2014 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: making your own will or trust
Replies: 29
Views: 3118

Re: making your own will or trust

Much may depend on the size of the assets and estate. Recently, a relative died of cancer. Literally the last weekend of her life, she had an estate attorney come to her home to understand her wishes and draw up a will and estate docs. There were a lot of assets and property involved and NOT using a...
by HIinvestor
Wed Apr 16, 2014 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax 401K Question
Replies: 7
Views: 967

Re: After Tax 401K Question

To the best of my knowledge, you don't get to deduct any losses you incur in tax advantaged accounts, 401Ks, Roths, tIRAs.
by HIinvestor
Wed Apr 16, 2014 2:17 pm
Forum: Investing - Theory, News & General
Topic: IRA Required Withdrawal and Tax Inefficiency
Replies: 9
Views: 1152

Re: IRA Required Withdrawal and Tax Inefficiency

Some accounts (like 457s) may not allow you to pick and choose where the RMD comes from and draws pro rate from each of your holdings in your 457 account. That's what the Federal Government's Thrift Savings Plan does for it's clients; they send monthly checks and then a check in December for any add...
by HIinvestor
Wed Apr 16, 2014 1:43 pm
Forum: Investing - Theory, News & General
Topic: What is your net worth
Replies: 37
Views: 6797

Re: What is your net worth

Yea, if it is for each person in a couple, I'd do much worse than H, because he has most of our retirement assets, plus he inherited a significant amount from his relatives. Doesn't seem quite right that the net worth of couples is treated the same as the net worth of a single--maybe cut the net wor...
by HIinvestor
Wed Apr 16, 2014 3:16 am
Forum: Investing - Theory, News & General
Topic: Jack on Bloomberg Today...
Replies: 12
Views: 1974

Re: Jack on Bloomberg Today...

Jack just makes so much sense. It's comforting to me that it doesn't take a genius to understand his perspective and make an informed decision that what he says is logical. Am sorry he was cut off, as what he was saying was very interesting to me.
by HIinvestor
Wed Apr 16, 2014 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Child's Roth
Replies: 27
Views: 1840

Re: Child's Roth

Just curious--did the short term TIPS drop out after 2020, because there are only 4 % numbers after 2015. I'm trying to understand the chart you posted. Thanks. Interesting to see how they calculate these things.
by HIinvestor
Wed Apr 16, 2014 1:04 am
Forum: Investing - Help with Personal Investments
Topic: Best funds for kids
Replies: 6
Views: 940

Re: Best funds for kids

Have heard that folks who believe they MAY qualify for Financial Aid would benefit from NOT having the funds in the kids' names (plus that way the kids can't touch it & use it for purposes the parents don't approve of). We bought zero coupon bonds offered by our state at 9% interest rates when o...
by HIinvestor
Tue Apr 15, 2014 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Lawyer
Replies: 8
Views: 1704

Re: Estate Planning Lawyer

Our "personal banker" offered to refer us to an estate attorney that would put together our estate plan for $1,000. We opted to follow the recommendation of my brother, who works for a different bank. He referred us to an estate attorney whose dad was the former probate court judge (recent...
by HIinvestor
Tue Apr 15, 2014 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: When to let go of financial matters
Replies: 9
Views: 2183

Re: When to let go of financial matters

We have not found that there is much to "managing" investments if they are in index funds and just rebalanced periodically and/or you invest any additional funds that you acquire. I should have stopped paying the broker to watch our investments and could have saved us a lot of money. If yo...