Search found 43 matches

by sonowwhat?
Fri Mar 20, 2020 9:23 pm
Forum: Personal Investments
Topic: Adjusting IPS and Rebalance Approach to Sleep better
Replies: 5
Views: 321

Re: Adjusting IPS and Rebalance Approach to Sleep better

I mean I have 6% in cash but and I'm retired so my investment income is all my cash flow. I mean this is essentially a hedge against dooms day. As an exaggeration lets say stocks go down as far as April 2009 levels which would be an 80% drop from its January high. This would mean dropping an additio...
by sonowwhat?
Fri Mar 20, 2020 5:32 pm
Forum: Personal Investments
Topic: Adjusting IPS and Rebalance Approach to Sleep better
Replies: 5
Views: 321

Re: Adjusting IPS and Rebalance Approach to Sleep better

Hello to the Boglehead Brain-Trust Universe: I currently as of today have the following: 6 % cash 31% equities (29% FSKAX Fidelity® Total Market Index Fund , 2% FSPSX Fidelity® International Index Fund) 63% bonds (25% VBTLX Vanguard Total Bond Market Index Fund Admi, 38% VFIDX Vanguard Intermediate-...
by sonowwhat?
Fri Mar 20, 2020 5:31 pm
Forum: Personal Investments
Topic: Adjusting IPS and Rebalance Approach to Sleep better
Replies: 5
Views: 321

Adjusting IPS and Rebalance Approach to Sleep better

Hello to the Boglehead Brain-Trust Universe: I currently as of today have the following: 6 % cash 31% equities (29% FSKAX Fidelity® Total Market Index Fund , 2% FSPSX Fidelity® International Index Fund) 63% bonds (25% VBTLX Vanguard Total Bond Market Index Fund Admi, 38% VFIDX Vanguard Intermediate-...
by sonowwhat?
Thu Mar 19, 2020 10:58 am
Forum: Personal Investments
Topic: Why are my safety bond funds going down?
Replies: 14
Views: 695

Re: Why are my safety bond funds going down?

So the losses are small now relative to stocks so would going to cash in these Bonds be crazy now? Its effecting my sleep factor!
by sonowwhat?
Thu Mar 19, 2020 10:52 am
Forum: Personal Investments
Topic: Why are my safety bond funds going down?
Replies: 14
Views: 695

Why are my safety bond funds going down?

I have 60% of my investments in Bonds Specifically with following losses overnight and YTD: VFIDX Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares => -1.93% YTD => -3.25% VBTLX Vanguard Total Bond Market Index Fund Admiral Shares => - 1.62% YTD => -0.4% Makes my nervous seeing an over...
by sonowwhat?
Mon Mar 16, 2020 12:36 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 27208

Re: Who is staying course and how are you dealing with net worth going down?

I already posted earlier in the thread what I was doing. Updated today: I am buying $1,000 dollars worth of stock (mutual fund so adding to position) . Not because it will make a difference one way or another in my net worth, but it makes me feel good and I want to be able to tell my kids I believe...
by sonowwhat?
Mon Mar 16, 2020 9:15 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 27208

Re: Who is staying course and how are you dealing with net worth going down?

You guys posting doom and gloom are on the wrong forum and obviously are missing the point of the Boglehead strategy. I appreciate you though as if it were not for you I would not make near the amount of money I would otherwise. You see we have been through crisises before and we will again. I need ...
by sonowwhat?
Mon Mar 09, 2020 3:33 pm
Forum: Personal Investments
Topic: Rebalancing early in fearful times
Replies: 17
Views: 1211

Re: Rebalancing early in fearful times

Yeah that’s my fear! Let’s hope we don’t have a repeat of 2008! Problem I’ve got is historically I rebalance about every 2 months buy selling stocks which keeps my ratio in check and use the money to live. I guess I just flip that during correction and sell bonds. Just curious what are the time peri...
by sonowwhat?
Mon Mar 09, 2020 3:21 pm
Forum: Personal Investments
Topic: Rebalancing early in fearful times
Replies: 17
Views: 1211

Rebalancing early in fearful times

Would rebalancing sooner than your normal time period such as right now in a full blown panic be trying to time the market! I want to be a purist in terms of passive boglehead investing but was thinking that rebalancing now might make some sense!
by sonowwhat?
Thu Jan 16, 2020 9:11 am
Forum: Personal Investments
Topic: Help with Portfolio Allocation and Investing Excess Cash
Replies: 5
Views: 414

Re: Help with Portfolio Allocation and Investing Excess Cash

That some really great advice Jack!!!!!
by sonowwhat?
Thu Jan 16, 2020 8:48 am
Forum: Personal Investments
Topic: Help with Portfolio Allocation and Investing Excess Cash
Replies: 5
Views: 414

Re: Help with Portfolio Allocation and Investing Excess Cash

Thanks! And yes, the 6% is part of the new cash!
by sonowwhat?
Wed Jan 15, 2020 2:25 pm
Forum: Personal Investments
Topic: Help with Portfolio Allocation and Investing Excess Cash
Replies: 5
Views: 414

Help with Portfolio Allocation and Investing Excess Cash

Happy New Year everyone. It’s my 10 year anniversary as a Boglehead and I have never once regretted it! So, in Laura’s format (our close to it) here you go: Background Employment Status: Retired since Dec 2007 Age: 56 Married w/ 3 Children: Ages 26, 23, 22 Home: (Paid for) Income: Only source of inc...
by sonowwhat?
Thu Dec 27, 2012 9:00 am
Forum: Personal Investments
Topic: Capital gains (What to do?)
Replies: 11
Views: 905

Re: Capital gains (What to do?)

This is not correct, as livesoft points out. Fill out a fake Schedule D today assuming you sell everything. What do you get? round numbers: gain 10 + 250 + 150 = 410 loss 200 + 50 + 300 = 550 Which is bigger? Now all you have to do is figure out what lines of Schedule D and Form 8949 to use. Sorry ...
by sonowwhat?
Thu Dec 27, 2012 8:53 am
Forum: Personal Investments
Topic: Capital gains (What to do?)
Replies: 11
Views: 905

Re: Capital gains (What to do?)

If I needed to sell some things in order to pay expenses in 2013, I would sell things with the highest cost basis that would use up the least amount of carryover losses. What is the reason for this. I am unclear on why utilizing the carry-forwards or stockpiling them is preferable one way or the ot...
by sonowwhat?
Thu Dec 27, 2012 8:47 am
Forum: Personal Investments
Topic: Capital gains (What to do?)
Replies: 11
Views: 905

Re: Capital gains (What to do?)

livesoft wrote:3) Don't sell and don't worry.

I don't understand why you need to realize gains at all.

is there no merit in selling enough to eat up the LTcarry-forwards (no taxes) so I can reinvest and hopefully get ST gains to utilize the ST carry-forward?
by sonowwhat?
Thu Dec 27, 2012 8:38 am
Forum: Personal Investments
Topic: Capital gains (What to do?)
Replies: 11
Views: 905

Capital gains (What to do?)

Not sure what to do here. I have sizable tax loss carry-forwards and unfortunately they do not match up well in terms of long/short unrealized gains. Short-term Loss Carryforward to 2012 - $198,000 Unrealized Stock Capital Gains - $7,000 Unrealized Bond Capital Gains - $2,500 Long-term Loss Carryfor...
by sonowwhat?
Fri Nov 30, 2012 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

Consider buying term on your spouse, accomplishes the same thing, assuming taxes are being paid at the second to die. Now thats good thinking!!!!!! Matter a fact, might be the best idea yet given I can use an AB trust (Credit Shelter Trust) to utilize whatever the unified credit is at the time then...
by sonowwhat?
Fri Nov 30, 2012 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

Term Life a good idea, unfortunately I have some medical issues that pretty much make the any new life insurance cost prohibitive. Good idea though. One I had not thought of and for someone with the same estate concerns as I have would be a great solution. Again, this is the type of feedback I am lo...
by sonowwhat?
Fri Nov 30, 2012 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

There have been a large number of threads recently ostensibly about future tax rates, especially marginal rates. Given the current situation - that this is an area of current debate, the outcome of which cannot be foretold - such posts amount to nothing more than speculating over proposed legislati...
by sonowwhat?
Thu Nov 29, 2012 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

Make sure you have wills taking full advantage of the marital deduction and the exemption equivalent for each of you and then forget it. I certainly wouldn't make any substantial lifetime transfers to children at age 49. John I have a "Credit Shelter Trust" or "Bypass Trust" pro...
by sonowwhat?
Thu Nov 29, 2012 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

This is not meant to be snarky, however unless you know you are going to leave this planet shortly, why are you thinking about it? Enjoy your life including time spent with those you care about most and spend it now. You are 49, not 85 (no disrespect intended to those forum members who are, but you...
by sonowwhat?
Thu Nov 29, 2012 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

If I gift say $3 mil and keep $2 mil then when I die the whole $2 mil will be taxed. They will look back and see that I used up to and in this case over the $2 mil when I gifted the $3 mil in 2012. That is I essentially used up the entire credit this year so unless I gift the whole thing now while t...
by sonowwhat?
Thu Nov 29, 2012 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

Agree with not going broke but just looking avoiding giving it away in taxes going broke may be the best answer (55% tax rate on $2 million is a lot of money!)
by sonowwhat?
Thu Nov 29, 2012 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Re: Estate Tax Changes

Problem is if gifting is the answer, you have to do it before year end. Hmmmm what to do.
by sonowwhat?
Thu Nov 29, 2012 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax Changes
Replies: 46
Views: 3640

Estate Tax Changes

Our families Net Worth is approximately $6 million, I am retired, 49 years old, married with three kids (19, 16, 15). The majority (80%) of the net worth is in stocks and bonds and the rest real estate (Home and one rental) and IRAs. Most of our net worth is held in a family limited liability compan...
by sonowwhat?
Sun Aug 07, 2011 5:46 pm
Forum: Personal Investments
Topic: Equity/Bond allocation using ABILITY, WILLINGNESS & NEED
Replies: 13
Views: 1545

Maybe Another Option Then

dbr I really appreciate your feedback. It is almost over my head but in a nutshell I think you feel that backing into the lowest equity allocation using Firecalc with fixed assumptions to still achieve a 100% success rate is not quite as conservative as one would think. Given that I am early retired...
by sonowwhat?
Sun Aug 07, 2011 11:22 am
Forum: Personal Investments
Topic: Equity/Bond allocation using ABILITY, WILLINGNESS & NEED
Replies: 13
Views: 1545

I am not sure if individual holdings make much of a difference in this discussion of choosing an overall mix, but here are my investment allocations. Cash & Equivalents 2.4% Equites 37.95% Bonds 59.66% Total 100% TAXABLE Bond Funds (37%) 19% Vanguard Intermediate-Term Investment-Grade Fund Admir...
by sonowwhat?
Sat Aug 06, 2011 6:35 pm
Forum: Personal Investments
Topic: Equity/Bond allocation using ABILITY, WILLINGNESS & NEED
Replies: 13
Views: 1545

pkcrafter wrote: Later in your post you say you will begin 4% withdrawals and do that until 55 (for 7 years or 10 years?). The 4% rate is based on 30 years, but since you will reduce it substantially in 7 years you might be OK, but there is some risk. Is the withdrawal method you are going to use be...
by sonowwhat?
Sat Aug 06, 2011 6:47 am
Forum: Personal Investments
Topic: Can't stay the course
Replies: 94
Views: 15472

A Lack of Faith

I would suggest not selling and use this opportunity to build your "faith" so to speak in the Boglehead principals. Your worried that whats going to happen is that we are going to go through some permanent correction or something. Trust me as a lot older person. These things recover. As fa...
by sonowwhat?
Fri Aug 05, 2011 9:10 pm
Forum: Personal Investments
Topic: Equity/Bond allocation using ABILITY, WILLINGNESS & NEED
Replies: 13
Views: 1545

Equity/Bond allocation using ABILITY, WILLINGNESS & NEED

I am reading The Only Guide to a Winning Investment Strategy You'll Ever Need by Larry Swedroe and it appears to bring clarity on how one should make an asset allocation. In the current tumultuous market, it may not be the right time to revaluate one’s allocation, but then again it may be the best t...
by sonowwhat?
Fri Jul 22, 2011 5:02 pm
Forum: Personal Investments
Topic: Please Help me Update my Financial Plan!
Replies: 13
Views: 1581

Mid 7 Figures

Yes, I was referring to the around 5 million dollar range give or take. I guess with all the deducts I do feel I am in the 25% marginal range but just over the edge so that is why I said the effective was 15%. Some years and the way interest rates have been trending, I might be back in the 15% margi...
by sonowwhat?
Fri Jul 22, 2011 3:33 pm
Forum: Personal Investments
Topic: Please Help me Update my Financial Plan!
Replies: 13
Views: 1581

Marginal Tax Rate

With approximately 60% of my taxable portfolio in Bonds and CDs, I get a 1099INT for these that are taxed at Ordinary rates. The starting level for the 25% tax bracket for married filing jointly begins at $69,000. My portfolio of interest bearing instruments is sufficient to trigger this as my margi...
by sonowwhat?
Fri Jul 22, 2011 10:26 am
Forum: Personal Investments
Topic: Please Help me Update my Financial Plan!
Replies: 13
Views: 1581

Clarification

"Bob's not my name" - Tax Rate.....I would not give much consideration to my background as I have not practiced in the tax field in many years. I was not trying to define marginal tax rate but I have always understood it to mean that it is what your next dollars would be taxed at in compar...
by sonowwhat?
Thu Jul 21, 2011 3:18 pm
Forum: Personal Investments
Topic: Please Help me Update my Financial Plan!
Replies: 13
Views: 1581

Please Help me Update my Financial Plan!

Back in early 2010 I fired my broker with UBS and have moved all my assets to self directed accounts (Fidelity, Vanguard and banks). I am a now a full fledged Boglehead and other than a boring financial life I have time to actually spend time with the kids instead of watching the financial shows. I ...
by sonowwhat?
Thu Feb 18, 2010 12:18 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

Its been a while but wanted to get any final thoughts as I finalize my allocation and invest between now and Monday. I went through the Vanguard Financial Planning Process as suggested in this forum. I learned a whole lot about estate planning in that process too. Cannot say enough about the Vanguar...
by sonowwhat?
Fri Jan 08, 2010 5:53 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

A bit of an update. Still trying to put this puzzle together whiel trying to avoid "analysis paralysis"! Since my last posts I think the majors issues I need to get comfotable with before putting together an asset model are as follows: 1) The need for tax efficiency: I have looked carefull...
by sonowwhat?
Wed Jan 06, 2010 9:45 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

Thanks for REIT insite, let me think about that one. For now I wanted to answer your earlier question: I think this is a very good possibility. It is possible that education and experience is the key to the courage to stay the course in hard times. Has someone mentioned our book list yet? One book n...
by sonowwhat?
Wed Jan 06, 2010 9:05 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

OK, so after mulling it over reading tons of post and your replies, here is what I am thinking in terms of a restructured portfolio: http://i50.tinypic.com/28a5bmq.jpg If I go with this structure, the allocations both before and after between asset types will be as follows: http://i50.tinypic.com/2v...
by sonowwhat?
Wed Jan 06, 2010 8:52 pm
Forum: Personal Consumer Issues
Topic: Which Netbook - ASUS or Toshiba or ?
Replies: 58
Views: 9059

I bought the toshiba for my son at Christmas. 9 Hour battery life and cool exterior with Windows 7 starter sold me
by sonowwhat?
Tue Jan 05, 2010 11:37 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

retiredjg wrote: So, how much are you willing to change? I'll give it a stab to get things started. What to sell? Almost everything. 100% if that is what makes sense! Curoious why several of you recommended TIPS in the IRAs. Is it because that in addition to paying tax annually on the interest you r...
by sonowwhat?
Tue Jan 05, 2010 8:44 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

With 3 teenagers, one should consider if 529 plans make sense as a tax-sheltered place for your bonds. One can pre-load those plans with 5-years of contributions ($65K from you, $65K from your spouse or $130K combined). Such large amounts may not be wise because college doesn't cost that much and y...
by sonowwhat?
Tue Jan 05, 2010 3:46 pm
Forum: Personal Investments
Topic: Please Help me with Revamping my Portfolio!
Replies: 34
Views: 5962

Please Help me with Revamping my Portfolio!

Happy New Year everyone. I have recently fired my broker with UBS and have moved all my assets to a self directed Fidelity account. I am a Boglehead wanna be and am almost finished with the "Investors Manifesto". In the meantime, I need to sort through the mess I have made over the years w...
by sonowwhat?
Mon Jan 04, 2010 5:54 pm
Forum: Personal Investments
Topic: The "Investors Manifesto" and a few questions
Replies: 4
Views: 1263

The "Investors Manifesto" and a few questions

I am currently reading the Investors Manifesto (new book by William Bernstein in preparation for joining the passive low expense world of investing (i.e. I fired my broker). It is a great introduction to this approach but in putting together my portfolio I have a few questions I hope some of you cou...