Search found 7463 matches

by tadamsmar
Tue Sep 12, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 17311

Re: Bitcoin in 3-fund indexed portfolio?

There is some question as to whether the feds are really treating bitcoin as a commodity.

https://klasing-associates.com/virtual- ... -position/

Indicates it's not clear if you can use a 1031 exchange if you trade between cryptocurrencies.
by tadamsmar
Fri Sep 08, 2017 6:45 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 14262

Re: Florida Hurricanes: When and where to go?

I am amazed at how many people are still in Florida, including many that can easily afford to leave. Roosevelt. Last I checked, less than 5% of Floridians are under a mandatory or voluntary evacuation order. And even those don't need to leave the state to conform to the order. Might exceed 5% with ...
by tadamsmar
Thu Sep 07, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Critique this TSP allocation
Replies: 28
Views: 2308

Re: Critique this TSP allocation

The closest L (lifestyle) fund is the L income fund, all the target funds default to the L income at their target date. L income has predominantly G fund, with 6% F fund, and I think about 11% C (SP500) fund, and a bit of S (small cap) and I (international). Last night I went to 100 percent G fund ...
by tadamsmar
Thu Sep 07, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 14262

Re: Florida Hurricanes: When and where to go?

OP should have left on Monday when it was clear what was coming. Having lived through 5 hurricanes it is often the case that you're not really sure where it is going or the strength. This one is pretty clear and has been for a while. Now there are gas stations out of fuel and if he/she has gas, the...
by tadamsmar
Thu Sep 07, 2017 5:47 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 14262

Re: Florida Hurricanes: When and where to go?

Thought this was an interesting article on the variations in building codes in Florida: http://www.miamiherald.com/news/special-reports/hurricane-andrew/article1940341.html Food for thought if you are looking for a safe place to hide from the wind. I was watching the Weather Channel. Bettes was aski...
by tadamsmar
Thu Sep 07, 2017 5:30 am
Forum: Investing - Help with Personal Investments
Topic: Critique this TSP allocation
Replies: 28
Views: 2308

Re: Critique this TSP allocation

I was going to split the bond allocation into 50% G, 50% F, but when I looked at TSP 's target funds, they keep most of the bonds in the G, and stay with only 6% in the F fund. Does that make any sense? Outside of TSP, people who do two or three fund, etc., may hold Total Bond or Intermediate. In b...
by tadamsmar
Wed Sep 06, 2017 4:57 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 14262

Re: Florida Hurricanes: When and where to go?

We are new to Southeast Florida and hurricane season is upon us. Besides preparing and knowing where the hurricane shelters are, I have 2 specific questions. 1. What is the optimal time frame to leave the area? Leaving too early each time is cumbersome and leaving too late is too risky. Hurricanes ...
by tadamsmar
Wed Sep 06, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 14262

Re: Florida Hurricanes: When and where to go?

I noticed on the Weather Channel they recommended the motto: "Run from the water, hide from the wind" The idea is that the storm surge is deadly. But you can hunker down in a safe structure to hide from the wind (usually). Wilma hit FL as a cat 3 and had winds of 110 all across the state, assuming I...
by tadamsmar
Wed Sep 06, 2017 3:04 am
Forum: Investing - Help with Personal Investments
Topic: Critique this TSP allocation
Replies: 28
Views: 2308

Re: Critique this TSP allocation

Please critique this TSP allocation: G: 10% F: 0% I: 40% S: 40% C: 10% A poster on here posited earlier than the C-fund is basically a terrible S&P 500 fund.. and that something similar to the above would be a good allocation with a heavier international tilt. I do have $50K VTSAX in a taxable acco...
by tadamsmar
Tue Sep 05, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 28
Views: 2503

Re: Book Recommendations: Nutrition / Psychology

stoptothink wrote:
Tue Sep 05, 2017 8:29 pm
PoppyA wrote:
Mon Sep 04, 2017 6:38 pm
The China study for nutrition.
I think even T. Colin Campbell has given up trying to support it as legit science.
Could you give a citation for that claim. I can't find one.
by tadamsmar
Mon Sep 04, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4788

Re: Estate Administration Question

"The court may appoint a public administrator to manage the estate if no relatives step forward after the creditor files a petition." http://info.legalzoom.com/happens-one-moves-settle-estate-20982.html I think that means the taxpayers pay the cost of administration if no one else is willing. Thank...
by tadamsmar
Mon Sep 04, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4788

Re: Estate Administration Question

This is a weird hypothesis in the first place why would someone name someone as executor and part of the estate but a minor position and not name them as beneficiary elsewhere while at the same time having no direct heirs. Yes, if I was the designated beneficiary in this case, I would decline and s...
by tadamsmar
Mon Sep 04, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3963

Re: Why can't the future of stocks be predicted

Why can't the future of stocks be predicted, considering the fact that stocks should follow the laws of economy which you would think are based on rational actions They can be predicted to some extent. We invest in stocks because we give credence to the prediction that stocks are more likely to inc...
by tadamsmar
Thu Aug 31, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4788

Re: Estate Administration Question

If it is in Joe's interest to make a loan and he has the money, then he could make a personal loan to the estate. It is in his interest if and only if the estate is good for the loan and he is a significant enough heir to the estate that he will likely lose inheritance if the insurance and/or utilit...
by tadamsmar
Wed Aug 30, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4788

Re: Estate Administration Question

There is a house worth presumable a reasonable amount of money it just needs to be dealt with. Of course a lot of homes just fall apart after the death of their elderly occupant bec upkeep has been poor anyway for a while and now it is worse and as stated elsewhere there is fighting over who is goi...
by tadamsmar
Wed Aug 30, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4788

Re: Estate Administration Question

Sell the car....pay bills with proceeds....then sell the house....pay the rest....distribute. Joe just discovered that there is an outstanding loan of $9000 on the car which has a low book value of $11,000. Looks like he can try to sell the car and pay $2000 to his lawyer to get things started. Now...
by tadamsmar
Wed Aug 30, 2017 12:58 am
Forum: Personal Consumer Issues
Topic: Best lubricant for exterior door locks
Replies: 27
Views: 3130

Re: Best lubricant for exterior door locks

You can sometimes improve the deadbolt action by tightening the hinge screws at the top and very slightly loosening the screws at the bottom. You can put a shim behind the hinge screws at the bottom. Also pulling or pushing the door while you turn the key might work. I have to pull a bit on my door ...
by tadamsmar
Wed Aug 23, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: How to add a Roth Option to an Vg Individual 401K?
Replies: 1
Views: 227

Re: How to add a Roth Option to an Vg Individual 401K?

Turns out you have to use the Indivdual 401K New Account Form. PS: When you initially create an Individual 401K, it's perhaps a good idea to set up at least one tax-deferred account and at least one Roth account. You have to specify a fund for each account. Prime Money Market (fund # 30) for instanc...
by tadamsmar
Mon Aug 21, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 228
Views: 47818

Re: How much international stock? A suggestion.

As for Taylor the taxes did make a big difference for him to do what he did by giving up the undervalued international asset class. I personally wouldn`t have done that but that`s me. If I have the facts right, Taylor is 93 and a widower. Drawing down the taxable asset with the lowest cap gains may...
by tadamsmar
Mon Aug 21, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: How to add a Roth Option to an Vg Individual 401K?
Replies: 1
Views: 227

How to add a Roth Option to an Vg Individual 401K?

Does anyone know how to do this?

It is a Vanguard Individual 401K that is funded in a traditional account. Need to know how to add a Roth account and add or convert funds to the Roth account.

I cannot find an online option to do this.
by tadamsmar
Mon Aug 21, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: How do cap. gains affect Roth conversions?
Replies: 3
Views: 402

Re: How do cap. gains affect Roth conversions?

I want to stay in the 25% tax bracket and not exceed the $170,000 income limit that would increase my Medicare Part B premiums. I have some cap gains this year. How to they influence the Roth decision? I think they are included in the calculations for the income limit for Part B. But, I don't think...
by tadamsmar
Mon Aug 21, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: How do cap. gains affect Roth conversions?
Replies: 3
Views: 402

How do cap. gains affect Roth conversions?

I want to stay in the 25% tax bracket and not exceed the $170,000 income limit that would increase my Medicare Part B premiums. I have some cap gains this year. How to they influence the Roth decision? I think they are included in the calculations for the income limit for Part B. But, I don't think ...
by tadamsmar
Sat Aug 19, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: 1000+ Crypocurrencies and growing
Replies: 3
Views: 737

1000+ Crypocurrencies and growing

Here's a list: https://coinmarketcap.com/all/views/all/ This article say that 22 were created the week between 8/10 and 8/17: http://us.blastingnews.com/tech/2017/08/the-number-of-crypto-currencies-is-rising-001936063.html Some are created by Initial Coin Offerings (ICOs): http://www.coinpad.io/ico/...
by tadamsmar
Sat Aug 19, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Gauss44

Gauss44 show me step by step how to buy and sell the bitcoins i want to buy Bitcoin now and im new I set up an account at Coinbase.com and tried to do a credit card transfer to the account. The first card I tried rejected it. The second (Wells Fargo) sent me a phone alert to confirm the transaction...
by tadamsmar
Fri Aug 18, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: The Phillips Curve is not working!
Replies: 26
Views: 3156

Re: The Phillips Curve is not working!

There is some historical data backing up the theory.

Image
by tadamsmar
Thu Aug 17, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

What's wrong with insider trading, if you know something that other bidders do not know, then it's a sin not to use it. "Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the SEC has treated the detection and prosecution of insider tradi...
by tadamsmar
Thu Aug 17, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

That definition refers to a stock exchange , and not a currency exchange. There's no such thing as "insider" information in a currency exchange. More proof: https://i.imgur.com/9DheIo3.png You are misreading the article. The article is merely claiming that insider trading in FX is a not a crime. Th...
by tadamsmar
Wed Aug 16, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

The market is open 24 hours, and anyone can buy/sell as they choose. This is akin to how insider trading can't exist in currency markets. Two Aussies were convicted of insider trading in the currency markets: http://www.financemagnates.com/forex/analysis/australian-insider-trading-duo-gets-jail-tim...
by tadamsmar
Wed Aug 16, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

I just checked and I made about $30 on Bitcoin. I made a Bitcoin transaction and had a bit left in my account, kind of like Euros in the sock drawer after trip to Europe. I converted a bit more than I needed rather than try to figure out the exact fee and exchange rates for the buy and sell transact...
by tadamsmar
Wed Aug 16, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

Calling bitcoin speculation gambling is just pointless name calling. Currency speculation has been around a long time, perhaps longer that stocks. If currency speculation was gambling then the FTC would declare it so and it would be illegal. I don't see that currency speculation has any role in reti...
by tadamsmar
Tue Aug 15, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

People that do understand it are incredibly passionate about it. I''m so passionate about my investments that I have literally bet the farm on them. I am basically all in except for my house. I have a feeling that you don't mean that they are that passionate about bitcoin as an investment. This is ...
by tadamsmar
Tue Aug 15, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

It seems like the only thing that makes people call it a speculation is it's not a traditional asset class and that it has high returns (and insane volatility). It is a traditional vehicle for speculation. It's a currency. This has nothing to to with tradition. Bogleheads own lot of non-traditional...
by tadamsmar
Tue Aug 15, 2017 7:02 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 84
Views: 16916

Re: Bill Sharpe's preferred portfolio

Interesting I have half a mind to try his approach. Would this approach be appropriate inside an tIRA vs. rIRA? Does it make any difference? I think of a tIRA as just a rIRA with a haircut based on your retirement/consumption tax rate. There might be some details to the extent that the tax rate mig...
by tadamsmar
Mon Aug 14, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

I've come to settle on these definitions: gambling - a game of chance where the expected return is <= 1. investing - a game of chance where the expected return is > 1. Poker is a game of skill, where the professionals are investing their time with good returns, and everyone else is gambling. IMO, c...
by tadamsmar
Mon Aug 14, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

For some, there might not be a distinction between gambling and investing. For me the distinction is that my gambling is done for emotional reasons. I enjoy the entertainment that comes from the high risk, high reward payouts. Investing is buying something of value that is expected to increase in v...
by tadamsmar
Mon Aug 14, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12663

Re: Bitcoin

What do you think about Bitcoin and Cryptocurrencies? Investing or gambling? I personally think investing is gambling. The distinction is wrong-headed. The FTC makes the distinction based on whether the activity provides some service to the legal economy. That's why speculation of pork belly future...
by tadamsmar
Sun Aug 13, 2017 4:39 am
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15978

Re: The Mathematics of Retirement Investing

financialengines.com, a Monte Carlo analysis available for free to Vanguard clients, includes mean reversion. A few MC simulations do include mean reversion, but this is a relatively new development. Most MC simulations, such as those typically used by financial advisers, do not include this import...
by tadamsmar
Sat Aug 12, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15978

Re: The Mathematics of Retirement Investing

financialengines.com, a Monte Carlo analysis available for free to Vanguard clients, includes mean reversion. A few MC simulations do include mean reversion, but this is a relatively new development. Most MC simulations, such as those typically used by financial advisers, do not include this import...
by tadamsmar
Sat Aug 12, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15978

Re: The Mathematics of Retirement Investing

financialengines.com, a Monte Carlo analysis available for free to Vanguard clients, includes mean reversion.
by tadamsmar
Sat Aug 12, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15978

Re: The Mathematics of Retirement Investing

Researchers I've read - including Professors Jeremy Siegel and Michael Kitces - have pointed out that random walk assumptions in most Monte Carlo simulations are not consistent with bond and market returns. Specifically, they showed that most such simulations do not adjust for mean reversion for eq...
by tadamsmar
Sat Aug 12, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 3223

Re: TSP Allocation Strategy for the AGRESSIVE Investor

nvthedoc wrote:
Sat Aug 12, 2017 2:38 pm
I forgot to indicate that he contributes to a vanguard L2040 fund.
It would be quite appropriate for you to use the TSP L2040 Fund.
by tadamsmar
Sat Aug 12, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 3223

Re: TSP Allocation Strategy for the AGRESSIVE Investor

I think it is best to come up with an overall asset allocation that includes both you and your husband's retirment savings. That is what my wife and I have always done. If you are both federal employees with little or no other retirement investments, the the TSP L Funds would be a good choice for bo...
by tadamsmar
Sat Aug 12, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15978

Re: The Mathematics of Retirement Investing

It does not matter if bonds (or any other component) of your nest egg is riskier.

Because the risk of a component don't necessarily add risk to your nest egg. It might subtract risk.

You have to focus on the overall risk.
by tadamsmar
Wed Aug 09, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2190

Re: Do I need to file a gift tax return?

My problem is when is gift is a gift vs when it is given with reciprocity understanding. A gift given with a reciprocity understanding is not a gift, it is a loan and subject to applicable federal rates (AFR) whether paid or imputed. That's sorta true. If you tell the IRS that there is a reciprocit...
by tadamsmar
Wed Aug 09, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2190

Re: Do I need to file a gift tax return?

If one couple is giving to another couple, that can be treated as 4 gifts. There is a 14K filing exclusion for each gift.

At least, I think that is how it can work.
by tadamsmar
Wed Aug 09, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2190

Re: Do I need to file a gift tax return?

goingup wrote:No tax expert here, but why would the IRS care? Gifting has to do with lifetime limits of estate inheritance.
They care because the gift tax return is the documentation of how much of the lifetime limit you have used. But you have an exclusion if your gift during a year is small enough.
by tadamsmar
Wed Aug 09, 2017 2:16 am
Forum: Investing - Help with Personal Investments
Topic: Never Needing to Withdraw Capital?
Replies: 8
Views: 1462

Re: Never Needing to Withdraw Capital?

You can do that assuming the dividends and/or interest are enough to keep you alive.

For a given consumption rate, you need to save at least twice as much as the typical Boglehead would need.
by tadamsmar
Tue Aug 08, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Question on 3-4% drawdown for retirement
Replies: 47
Views: 3456

Re: Question on 3-4% drawdown for retirement

Investible assets count. Cash, rental real estate. A house is where you live, you don't count it. If you sell the house the money doesn't show up magically in your portfolio, it was there all along. That house pays you its rent equivalent each year. That rent equivalent is part of your spending. If...
by tadamsmar
Tue Aug 08, 2017 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Question on 3-4% drawdown for retirement
Replies: 47
Views: 3456

Re: Question on 3-4% drawdown for retirement

The big flaw I see in your logic is you aren't computing your portfolio properly. For the 3-4% figure everything counts. Your real estate investments count at their current value, they aren't side money. Your home counts. Social security counts as an an inflation adjusted annuity. A pension counts....
by tadamsmar
Tue Aug 08, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Question on 3-4% drawdown for retirement
Replies: 47
Views: 3456

Re: Question on 3-4% drawdown for retirement

I wanted to add a clarification too because it's not obvious that it's understood. The 3-4% numbers that are bandied about are worst case numbers. If you use those rates and usually adjusted for inflation then in the worst case you will either never run out of money or it will be only after 30 year...