Search found 119 matches

by Chip Shot
Sun Mar 14, 2021 7:34 am
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20015

Re: Hitting your numbers. How to estimate when you have enough.

How do you determine your X times expenses? You do subtract Social Security, correct? I am planning for a 38 yr retirement. I will be funding my retirement 100% from my portfolio for the first 5 yrs. After that, SS kicks in and my withdrawal rate goes way down. I totaled up the amount that I would n...
by Chip Shot
Sat Mar 13, 2021 6:33 am
Forum: Investing - Theory, News & General
Topic: Rising yields and Total Bond pricing
Replies: 4
Views: 773

Rising yields and Total Bond pricing

So with yields rising, Total bond is down 3.5% this year. I understand the reasoning for this. My question is when do the higher yields start influencing Total Bond positively? Should'nt the higher yields make Total Bond more appealing at some point?
I don't know why I find bonds to be so confusing...
by Chip Shot
Fri Mar 12, 2021 4:12 pm
Forum: Personal Investments
Topic: Bond Index Fund Tracking
Replies: 2
Views: 258

Re: Bond Index Fund Tracking

Just curious, Is there a place where you can track a bond index fund like Total Bond during the day? I can go online and see what the S&P or the CRSPTM are doing, but I know of no way to track movement of the bond index You can do so via the ETF (BND) on your preferred investing app (the native...
by Chip Shot
Fri Mar 12, 2021 4:03 pm
Forum: Personal Investments
Topic: Bond Index Fund Tracking
Replies: 2
Views: 258

Bond Index Fund Tracking

Just curious, Is there a place where you can track a bond index fund like Total Bond during the day?
I can go online and see what the S&P or the CRSPTM are doing, but I know of no way to track movement of the bond index
by Chip Shot
Wed Feb 24, 2021 7:08 pm
Forum: Personal Investments
Topic: Advice on retirement strategy- 3 yrs out.
Replies: 6
Views: 1001

Re: Advice on retirement strategy- 3 yrs out.

benderbr wrote: Wed Feb 24, 2021 6:57 pm How old are you? Roth conversions may make sense if you're under 59.
62
by Chip Shot
Wed Feb 24, 2021 6:50 pm
Forum: Personal Investments
Topic: Advice on retirement strategy- 3 yrs out.
Replies: 6
Views: 1001

Re: Advice on retirement strategy- 3 yrs out.

need more info. depends upon what tax rate you do the conversion at vs what tax rate you'd pay on withdrawals later. Age is not really the relevant factor. Income might. It's generally better to do it when tax bracket is low, so if you're still working and/or in a higher tax bracket it might be too...
by Chip Shot
Wed Feb 24, 2021 4:40 pm
Forum: Personal Investments
Topic: Advice on retirement strategy- 3 yrs out.
Replies: 6
Views: 1001

Advice on retirement strategy- 3 yrs out.

I am 2-3 yrs out from retirement and I am in a position where I can add 50K to my taxable account after fully funding my 401K and Roth. My question is should I invest that 50K in my taxable account or keep it in cash to pay taxes on Roth conversions? I admit that I do not feel that I understand Roth...
by Chip Shot
Wed Feb 24, 2021 4:27 pm
Forum: Investing - Theory, News & General
Topic: What do you think about CGM Focus Fund
Replies: 46
Views: 6806

Re: Re:

I would submit that you are probably better off looking for a fund that has been beaten up for the last 10 yrs. I hope that’s not the primary lesson that you take from this thread. Perhaps see Stinky’s comment above. Learned my lesson long ago. My point was that the OP would be better off investing...
by Chip Shot
Tue Feb 16, 2021 8:03 am
Forum: Investing - Theory, News & General
Topic: What do you think about CGM Focus Fund
Replies: 46
Views: 6806

Re:

Thanks for the reply . So I dont understand whats so bad about performance chasing so long as the chasing is reviewing a portfolio of 10 years or more. Here's how I see it, I'm eager to learn what I maybe thinking wrong. When you review a person to hire for work, if they have 10 good solid years of...
by Chip Shot
Tue Feb 09, 2021 7:35 pm
Forum: Investing - Theory, News & General
Topic: How do you calculate (X times spending)?
Replies: 11
Views: 1201

How do you calculate (X times spending)?

When people use as an example (25X spending as a goal for retirement), how is that number calculated? Is it calculated in today's dollars? Lets say that I plan to spend 90K per year in retirement. That would be approx.120K pre-tax. For the first 5 yrs I need to pull 120K out of my investments (In to...
by Chip Shot
Mon Jan 18, 2021 2:38 pm
Forum: Personal Investments
Topic: Investment Position in Taxable Account
Replies: 10
Views: 903

Re: Investment Position in Taxable Account

Federal Marginal tax rate - Very top of the 22% bracket, borderline 24%
State Tax Rate 4.25%
by Chip Shot
Mon Jan 18, 2021 1:59 pm
Forum: Personal Investments
Topic: Investment Position in Taxable Account
Replies: 10
Views: 903

Re: Investment Position in Taxable Account

Or would the tax credit be worth biting the bullet now and making the change? It might not be the best move for you, even with new (or other zero-tax-cost) money. Your state tax bracket didn't emerge in your topic on International fund placement from last year; but, especially in a high-taxing stat...
by Chip Shot
Mon Jan 18, 2021 1:55 pm
Forum: Personal Investments
Topic: Investment Position in Taxable Account
Replies: 10
Views: 903

Re: Investment Position in Taxable Account

Hector wrote: Mon Jan 18, 2021 12:59 pm I would
  • Not sell existing position and pay long-term capital gain tax.
  • Stock dividend reinvestment.
  • Buy international in taxable from now on.
Question on item #2. Would you reinvest dividends or pull them to invest in international?
by Chip Shot
Mon Jan 18, 2021 10:23 am
Forum: Personal Investments
Topic: Investment Position in Taxable Account
Replies: 10
Views: 903

Investment Position in Taxable Account

I think I made a mistake with my investment selection for my taxable account. My taxable Account now consists of S&P 500 (VFIAX) and Total Stock(VTSAX). The only reason that I am holding S&P in that account is because I harvested a tax loss in March. I sold Total Stock and bought S&P. In...
by Chip Shot
Mon Jan 11, 2021 7:13 am
Forum: Personal Investments
Topic: Help me understand taxes on brokerage accounts
Replies: 8
Views: 1262

Re: Help me understand taxes on brokerage accounts

First, you can make your life simple by using tax software (e.g. Turbotax) then downloading all your tax info from your brokerage house. This automatically puts the tax info in the right places. Second, any income you receive in your taxable brokerage account, whether dividends, capital gains or in...
by Chip Shot
Wed Jan 06, 2021 12:24 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 153
Views: 15457

Re: Poor service at Vanguard making me re-think my decision

"ETFs have mostly rendered mutual funds pointless" Please explain this to me. What does your ETF do for a buy and hold investor that my Mutual Fund doesn't? Not all funds at Vanguard have ETF equivalents. For those sticking to the 3 fund portfolio strictly, then yes no reason to deal with...
by Chip Shot
Tue Jan 05, 2021 7:02 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 153
Views: 15457

Re: Poor service at Vanguard making me re-think my decision

"ETFs have mostly rendered mutual funds pointless"

Please explain this to me. What does your ETF do for a buy and hold investor that my Mutual Fund doesn't?
by Chip Shot
Thu Dec 31, 2020 8:59 pm
Forum: Investing - Theory, News & General
Topic: Holding both VTSAX and VFIAX
Replies: 17
Views: 1132

Re: Holding both VTSAX and VFIAX

anon_investor wrote: Thu Dec 31, 2020 8:41 pm
Chip Shot wrote: Thu Dec 31, 2020 8:35 pm The difference is not slight this year. I tax loss harvested from Total Stock to S&P on March 19th. That move cost me 4.46%
So not "substantially identical"? :twisted:
Nope. Not this year
by Chip Shot
Thu Dec 31, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: Holding both VTSAX and VFIAX
Replies: 17
Views: 1132

Re: Holding both VTSAX and VFIAX

The difference is not slight this year. I tax loss harvested from Total Stock to S&P on March 19th. That move cost me 4.46%
by Chip Shot
Sun Dec 27, 2020 10:43 am
Forum: Personal Investments
Topic: Am I missing something? Roth conversions
Replies: 5
Views: 763

Am I missing something? Roth conversions

I see many posts about Roth conversions and back door Roths, and I admit that I know nothing about this. I am concerned that I may be missing out on something important. I am approx. 3 yrs from retirement. My portfolio looks like this Tax deferred 69% Tax Free (Roths) 5% Taxable 26% Should I be doin...
by Chip Shot
Thu Dec 24, 2020 9:07 pm
Forum: Personal Investments
Topic: Vanguard Portfolio YTD return
Replies: 5
Views: 1001

Re: Vanguard Portfolio YTD return

Normchad wrote: Thu Dec 24, 2020 8:47 pm I don’t think they give you YTD numbers. Sigh. Best you can do is 1 year return.....
Actually, that works. I didn't realize that it gave me 1 yr rate of return. That is close enough. I just like to record my ROR annually.
Thanks
by Chip Shot
Thu Dec 24, 2020 9:04 pm
Forum: Personal Investments
Topic: Vanguard Portfolio YTD return
Replies: 5
Views: 1001

Re: Vanguard Portfolio YTD return

Ridiculous.....
by Chip Shot
Thu Dec 24, 2020 8:45 pm
Forum: Personal Investments
Topic: Vanguard Portfolio YTD return
Replies: 5
Views: 1001

Vanguard Portfolio YTD return

Am I missing something? Looking for my portfolio YTD rate of return on the Website. Under Personal Performance it shows my cumulative rate of return since inception only. If I switch to YTD results the rate of return disappears. Seems that this would certainly be available on the website
by Chip Shot
Sun Dec 06, 2020 1:13 pm
Forum: Personal Investments
Topic: Total Bond vs Guaranteed 3% Account
Replies: 17
Views: 1893

Re: Total Bond vs Guaranteed 3% Account

Thanks for the replies, everybody. This confirms my thinking. I will keep the money in the Stable Value fund.
by Chip Shot
Sun Dec 06, 2020 9:46 am
Forum: Personal Investments
Topic: Total Bond vs Guaranteed 3% Account
Replies: 17
Views: 1893

Total Bond vs Guaranteed 3% Account

Due to a change in my employment situation, I have the opportunity to move my money out of a 401K into my IRA at Vanguard. My 401K has a guaranteed 3% account and 100% of my 401K money is in this account. Here is my overall portfolio allocation: Stocks - 41.5% Bonds - 27% Secure - (CD's, Cash, Guara...
by Chip Shot
Mon Nov 16, 2020 12:14 pm
Forum: Personal Investments
Topic: Not sure TLH was worth it
Replies: 49
Views: 6458

Re: Not sure TLH was worth it

The part that really has me confused is that if I would have kept VTSAX, I would have had $11,500 in capital gains for 2020. Since I did the tax loss harvesting, I now have $40,000 in capital gains.... Doesn't this washout any potential tax savings from TLH? I am not sure that I understand this corr...
by Chip Shot
Mon Nov 16, 2020 11:35 am
Forum: Personal Investments
Topic: Not sure TLH was worth it
Replies: 49
Views: 6458

Re: Not sure TLH was worth it

Near the bottom of the Covid free fall, I decided to TLH from VTSAX to VFIAX. It was about a 21K loss, so I am looking at claiming 3k per yr for the next 7 yrs as a loss. The problem for this year is that VTSAX has risen by more than the 3K over VFIAX. That wipes out my 3K tax advantage. Also, I no...
by Chip Shot
Fri Nov 13, 2020 6:27 pm
Forum: Personal Investments
Topic: Not sure TLH was worth it
Replies: 49
Views: 6458

Not sure TLH was worth it

Near the bottom of the Covid free fall, I decided to TLH from VTSAX to VFIAX. It was about a 21K loss, so I am looking at claiming 3k per yr for the next 7 yrs as a loss. The problem for this year is that VTSAX has risen by more than the 3K over VFIAX. That wipes out my 3K tax advantage. Also, I now...
by Chip Shot
Thu Jun 18, 2020 3:58 pm
Forum: Personal Investments
Topic: VBTLX or Guaranteed Stable Value fund 3%
Replies: 10
Views: 1058

Re: VBTLX or Guaranteed Stable Value fund 3%

I should also mention that my desired allocation in 40/60, However, my actual allocation is 40% stock, 31% Bond, and 29 % secure (Guaranteed account, CD's and cash). Pretty conservative.
by Chip Shot
Thu Jun 18, 2020 3:28 pm
Forum: Personal Investments
Topic: VBTLX or Guaranteed Stable Value fund 3%
Replies: 10
Views: 1058

VBTLX or Guaranteed Stable Value fund 3%

Doing a 50K rebalance out of VTSAX. Will go into VBTLX and/or Guaranteed 3% fund.
Looking for opinions. I guess I am looking for a bond market prediction for next couple of years.
Might split between both choices
by Chip Shot
Sun May 10, 2020 8:37 am
Forum: Personal Investments
Topic: Help with Fixed Income portion of portfolio
Replies: 7
Views: 620

Re: Help with Fixed Income portion of portfolio

What are the yields on your Cash and CDs portion? Guessing 1-2% if you happen to have some CDs bought before the drop in yields. There are some high-yield savings accounts yielding around 1.5%, at least for now. What are the yields on the Bonds portion? Current SEC yield on Total Bond is about 1.6%...
by Chip Shot
Sun May 10, 2020 8:33 am
Forum: Personal Investments
Topic: Help with Fixed Income portion of portfolio
Replies: 7
Views: 620

Re: Help with Fixed Income portion of portfolio

Hi all, We are 3 yrs away from planned retirement. We need our portfolio to grow by about 15% total to hit our number. This is on top of the new money going into the portfolio. We fund our401Ks and Roths to the limit each year. Portfolio: Cash and CDs - 29% Bonds - 29% Stocks - 42% The Cash and Bon...
by Chip Shot
Sun May 10, 2020 7:26 am
Forum: Personal Investments
Topic: Help with Fixed Income portion of portfolio
Replies: 7
Views: 620

Help with Fixed Income portion of portfolio

Hi all, We are 3 yrs away from planned retirement. We need our portfolio to grow by about 15% total to hit our number. This is on top of the new money going into the portfolio. We fund our401Ks and Roths to the limit each year. Portfolio: Cash and CDs - 29% Bonds - 29% Stocks - 42% The Cash and Bond...
by Chip Shot
Tue Apr 28, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: SS as part of Asset Allocation?
Replies: 41
Views: 2242

Re: SS as part of Asset Allocation?

Does anyone consider Social Security to be part of their asset allocation? I ran my numbers through a calculator that suggested that I should be 100% stock. It considered our SS to be an inflation proof fixed income investment of over 1.6M. Meaning that I would have to have 1.6M in stocks to have a...
by Chip Shot
Tue Apr 28, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: SS as part of Asset Allocation?
Replies: 41
Views: 2242

SS as part of Asset Allocation?

Does anyone consider Social Security to be part of their asset allocation? I ran my numbers through a calculator that suggested that I should be 100% stock. It considered our SS to be an inflation proof fixed income investment of over 1.6M. Meaning that I would have to have 1.6M in stocks to have a ...
by Chip Shot
Fri Apr 03, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: Why don't all investors go 100% stocks
Replies: 72
Views: 5390

Re: Why don't all investors go 100% stocks

All investors? You are kidding right?
Now, if you said all investors under age 35 with secure jobs, I would tend to agree with you.
by Chip Shot
Tue Mar 31, 2020 12:50 pm
Forum: Personal Investments
Topic: SP500 Index fund will outperform total stock market?
Replies: 51
Views: 6044

Re: SP500 Index fund will outperform total stock market?

I can tell you that the S&P has not out performed Total Market since March 16. That is when I did TLH from total Market to S&P. It has already cost me 0.62%
by Chip Shot
Tue Mar 24, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation in the Most Painful Month
Replies: 8
Views: 890

Re: Asset Allocation in the Most Painful Month

The question for me is, how do the Permanent Portfolio and Larry Portfolio do in rising markets? (History shows that markets rise more often then they fall). If they under perform (my guess), isn't it pretty much a wash? (Although with lower volatility, which could be desirable) To take full advanta...
by Chip Shot
Tue Mar 24, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Total Bond (VBTLX) Strategy
Replies: 8
Views: 746

Re: Total Bond (VBTLX) Strategy

Here is something that I don't understand about bond funds though, Lets say that I did this move and was sitting in cash for the recovery. During that time, the interest rates rise from zero percent to 2%. Conventional wisdom would say that bond fund prices would fall dramatically, but wouldn't the...
by Chip Shot
Tue Mar 24, 2020 8:25 am
Forum: Investing - Theory, News & General
Topic: Total Bond (VBTLX) Strategy
Replies: 8
Views: 746

Re: Total Bond (VBTLX) Strategy

There is massive institutional money invested in all of these markets. Total Bond Market is something like 60-70% US Government bonds. Individual investors will be dwarfed by institutional investors operating in this market - including foreign governments holding US debt instruments. I would expect...
by Chip Shot
Tue Mar 24, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: Total Bond (VBTLX) Strategy
Replies: 8
Views: 746

Re: Total Bond (VBTLX) Strategy

Your logic makes sense. Of course, this will work if what you think will happen becomes reality. I believe part of this is an emotional response as you said you were close before the crash and now perhaps you feel like you need to "catch up". Question: at what point do you decide to go ba...
by Chip Shot
Tue Mar 24, 2020 7:26 am
Forum: Investing - Theory, News & General
Topic: Total Bond (VBTLX) Strategy
Replies: 8
Views: 746

Total Bond (VBTLX) Strategy

Due to the sell off, my current AA is 38/32/30 My bond holdings consist entirely of Total Bond (75%) and Total International Bond (25%) I believe that we are on the road to recovery. It may take a while, or maybe not. I do not know. But I know that we will get past this and the market will begin to ...
by Chip Shot
Tue Mar 24, 2020 6:25 am
Forum: Personal Investments
Topic: Alternatives to financial advisor and general investment advice
Replies: 16
Views: 1127

Re: Alternatives to financial advisor and general investment advice

Another approach to consider is to start with Vanguard's PAS. After a year or two, when you understand what they are doing, and you are comfortable with it, you can discontinue PAS and do it yourself. While PAS is inexpensive, it is not free. So, use it as long as you feel you need it, and then you...
by Chip Shot
Sun Mar 22, 2020 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting for health care in retirement
Replies: 9
Views: 526

Re: Budgeting for health care in retirement

This is very state and age dependent, but the numbers for your wife look very low unless you are counting on subsidies. I make over the limit for subsidies, and my health insurance is $890/mo for a $5500 deductible plan. What I have budgeted for my wife is not far from where you are. I am at 9K and...
by Chip Shot
Sun Mar 22, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting for health care in retirement
Replies: 9
Views: 526

Re: Budgeting for health care in retirement

This is very state and age dependent, but the numbers for your wife look very low unless you are counting on subsidies. I make over the limit for subsidies, and my health insurance is $890/mo for a $5500 deductible plan. What I have budgeted for my wife is not far from where you are. I am at 9K and...
by Chip Shot
Sun Mar 22, 2020 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting for health care in retirement
Replies: 9
Views: 526

Budgeting for health care in retirement

Hello, planning to retire in 3-4 yrs. I would like to know if my budget for healthcare expenditures is realistic. Would love to get some real world feedback from those who are already retired. I will be eligible for medicare when I retire. My spouse will not be old enough and will have to purchase h...
by Chip Shot
Fri Mar 20, 2020 2:37 pm
Forum: Personal Investments
Topic: VSIGX vs VBTLX
Replies: 1
Views: 710

VSIGX vs VBTLX

I was looking at the Vanguard Intermediate term treasury index fund (VSIGX) and noted that it has a higher standard deviation than VBTLX (Total Bond) I thought that was rather odd considering that it is made up of all treasuries vs the mix of treasuries, corporate, mortgage bonds in VBTLX. I would h...
by Chip Shot
Fri Mar 20, 2020 6:47 am
Forum: Personal Investments
Topic: One simple thing this 50 yo learned...
Replies: 61
Views: 9836

Re: One simple thing this 50 yo learned...

Yup. Don't have an emergency fund per se, but do have 3 yrs expenses in cash and CDs and another 4 yrs expenses in bonds. The thought of using some of that to rebalance into equities is difficult
by Chip Shot
Thu Mar 19, 2020 6:25 pm
Forum: Investing - Theory, News & General
Topic: Why are small and mid-caps up so much today (3/19)?
Replies: 6
Views: 662

Re: Why are small and mid-caps up so much today (3/19)?

Well, because I TLH'd out of VTSAX into VFIAX yesterday! :shock: VTSAX up 1.23% VFIAX up 0.47%
by Chip Shot
Thu Mar 19, 2020 6:20 pm
Forum: Personal Investments
Topic: Time to sell Equities and Buy CD's?
Replies: 12
Views: 1196

Re: Time to sell Equities and Buy CD's?

Tax Loss Harvesting may be beneficial to you. I actually just did that yesterday. I exchanged VTSAX in my taxable account for VFIAX, and booked a 20K loss. I do not have any other capital gains to offset, so I will be able to deduct 3K from my ordinary income per year until the 20K is used up. Read ...