Search found 70 matches

by Kennyt7
Wed Oct 10, 2018 5:13 pm
Forum: Personal Investments
Topic: using IRA distributions to buy munis
Replies: 17
Views: 1330

Re: using IRA distributions to buy munis

nothing better than tax free income-have held them for 40yrs-long term A rated or better
by Kennyt7
Wed Oct 10, 2018 5:12 pm
Forum: Personal Investments
Topic: using IRA distributions to buy munis
Replies: 17
Views: 1330

Re: using IRA distributions to buy munis

250k income=16.8 effective tax rate
that's what counts rather than marginal bracket
florida resident
by Kennyt7
Tue Oct 09, 2018 5:00 pm
Forum: Personal Investments
Topic: using IRA distributions to buy munis
Replies: 17
Views: 1330

Re: using IRA distributions to buy munis

BTW-my effective tax rate on 240k or so is around 17%
WHAT ABOUT CASHING OUT MY ROTH IRA, 140K as its at its high and BUYING TAX FREE MUNIS???
About 3% of my portfolio all in Vanguard total stock fund
by Kennyt7
Wed Oct 03, 2018 5:10 pm
Forum: Personal Investments
Topic: Simplifying Portfolio as I head into retirement?
Replies: 7
Views: 1482

Re: Simplifying Portfolio as I head into retirement?

simplify with 5-7 vanguard stock and bond funds and reits
by Kennyt7
Wed Oct 03, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 150
Views: 22216

Re: Larry Swedroe: Be Prepared For Losses

look at the last crisis and so many could not retire
IF a 50% loss does not affect your lifestyle, FINE, but for most it would be devastating
Look up MARGINAL UTILITY OF WEALTH, then make your decision when you near retirement
by Kennyt7
Wed Oct 03, 2018 4:48 pm
Forum: Personal Investments
Topic: Turning 70 1/2 next year 73% in US stocks in Portfolio
Replies: 25
Views: 3000

Re: Turning 70 1/2 next year 73% in US stocks in Portfolio

if you can afford a 50% EQUITY LOSS and maintain lifestyle, that's fine
MOST CANNOT
LIGHTEN UP on stocks
by Kennyt7
Wed Oct 03, 2018 11:47 am
Forum: Investing - Theory, News & General
Topic: Flattening yield curve
Replies: 55
Views: 5699

Flattening yield curve

Anyone feel this is leading to RECESSION?
by Kennyt7
Mon Oct 01, 2018 9:04 am
Forum: Personal Investments
Topic: using IRA distributions to buy munis
Replies: 17
Views: 1330

Re: using IRA distributions to buy munis

[OT comment removed by admin LadyGeek]
we will never see tax rates this low
on 234k income my federal taxes are around 38k, no state income tax
doing roth conversions or taking greater distributions to buy munis both seem prudent
the only drawback is higher medicare part b premiums
by Kennyt7
Sun Sep 30, 2018 4:01 pm
Forum: Personal Investments
Topic: using IRA distributions to buy munis
Replies: 17
Views: 1330

using IRA distributions to buy munis

with tax rates very low and I have no state tax(thank you FLA), I am considering taking larger distributions from my 4.3 million ira to buy munis
with our MASSIVE debt taxes have to INCREASE in due time
what say you?
by Kennyt7
Sun Sep 30, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 70
Views: 15299

Re: Moneytalk with Bob Brinker coming to an end

did he believe in market timing which is nonsensical
according to james lange roth conversions are universally a good thing
by Kennyt7
Thu Jun 07, 2018 7:34 pm
Forum: Personal Investments
Topic: Retiring in 1.5 years and have questions
Replies: 5
Views: 1863

Re: Retiring in 1.5 years and have questions

do some roth conversions
why 185k in cash
by Kennyt7
Fri May 11, 2018 7:11 am
Forum: Personal Investments
Topic: LT Muni Bonds: buy and sell anytime? Rookie.
Replies: 11
Views: 1167

Re: LT Muni Bonds: buy and sell anytime? Rookie.

build a ladder of individual muni bonds from your state
great source of tax free income lifetime
by Kennyt7
Thu May 10, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3212
Views: 1991297

Re: The Three-Fund Portfolio

you should include small caps and or small cap and large cap value along with reits
small caps historically have done 2% better yearly
by Kennyt7
Wed May 09, 2018 8:16 am
Forum: Personal Investments
Topic: purchasing cd's
Replies: 18
Views: 2713

Re: purchasing cd's

at vanguard go to investing and then view current cd rates or call them to have them walk you through the process
quite easy
by Kennyt7
Sat May 05, 2018 3:14 pm
Forum: Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 9306

Re: Berkshire Hathaway B

buffett and munger are long in age
what happens after their demise
stick to total us stock index fund
by Kennyt7
Thu May 03, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Bogle on Tactical Asset Allocation
Replies: 62
Views: 14807

Re: Bogle on Tactical Asset Allocation

10th yr of POSSIBLE BULL MKT- might be time to lighten up if you are heavily invested in equities
by Kennyt7
Mon Apr 30, 2018 7:13 pm
Forum: Personal Investments
Topic: $750,000 in Cash at 30
Replies: 14
Views: 4837

Re: $750,000 in Cash at 30

start buying long term nj munis and build a ladder
individual better than funds imho
by Kennyt7
Mon Apr 30, 2018 5:22 pm
Forum: Personal Investments
Topic: Progress report, and looking to optimize bonds
Replies: 7
Views: 1905

Re: Progress report, and looking to optimize bonds

use inter med term and long term corp bond as well as hi yield with vanguard and gnmae bond fund OR just put all bonds in total bond in ira accounts
by Kennyt7
Wed Apr 11, 2018 8:21 am
Forum: Personal Investments
Topic: Any aggressive index funds in your portfolio?
Replies: 35
Views: 6494

Re: Any aggressive index funds in your portfolio?

you should have small cap or small cap value
small caps have outperformed long term by 2%
by Kennyt7
Wed Apr 04, 2018 7:44 pm
Forum: Personal Investments
Topic: Estimated taxes for 2018
Replies: 18
Views: 2546

Re: Estimated taxes for 2018

use the trump tax calculator
pretty simple as most will use the standard deduction
by Kennyt7
Wed Apr 04, 2018 7:43 pm
Forum: Personal Investments
Topic: Please help to simplify portfolio
Replies: 24
Views: 2179

Re: Please help to simplify portfolio

and too much work for your cpa and for you to keep track of
shoot the advisor
by Kennyt7
Wed Apr 04, 2018 7:40 pm
Forum: Personal Investments
Topic: Please help to simplify portfolio
Replies: 24
Views: 2179

Re: Please help to simplify portfolio

THAT IS THE CRAZIEST PORTFOLIO!!! All you need is a max of 10 vanguard etfs and or index funds Total Stock Total Intl EM, Reits, Total Bond small cap, small cap value hi yield corp, inter term corporate KISS-KEEP IT SIMPLE YOUR PRESENT portfolio needs a genius to rebalance your advisor is a FIDUCIAR...
by Kennyt7
Mon Apr 02, 2018 7:58 pm
Forum: Personal Investments
Topic: Advice with Vanguard Investments Personal Advisor Services
Replies: 20
Views: 2742

Re: Advice with Vanguard Investments Personal Advisor Services

just do it yourself determine your AA and use 7-10 index funds covering the basic asset classes as any of their advisors will do total us stock total us bond reits em total intl small cap sma;ll cap value hi yield corporate interm term corp bond, etc why pay 3k on every million they will only use va...
by Kennyt7
Wed Mar 21, 2018 2:18 pm
Forum: Personal Investments
Topic: Immediate annuity bridge to Social Security
Replies: 10
Views: 1330

Re: Immediate annuity bridge to Social Security

no reason to buy an annuity at age 65 as you say you are finasncially healthy
the payounts are small as we are in a very low interest rate environment
most buy annuities SPIA at age 70 or a bit later
by Kennyt7
Mon Mar 19, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 7002

Re: Retirement will cost the average American $828,000

200k/yr less taxes= 168k
two residences nj and fla
by Kennyt7
Thu Mar 15, 2018 11:46 am
Forum: Personal Investments
Topic: 3 fund portfolio vs. total world stock + bond fund
Replies: 20
Views: 4637

Re: 3 fund portfolio vs. total world stock + bond fund

bogle believes 20% of equity allocation to intl
from 1996 to 2016 sp500 did twice as well as intl
bogle was against intl frim day 1 changed a bit now
by Kennyt7
Mon Mar 12, 2018 8:28 am
Forum: Personal Investments
Topic: Alternative to bond funds?
Replies: 32
Views: 7044

Re: Alternative to bond funds?

ladder TAX FREE MUNIS
Malkiel suggests hi dividend paying stocks-fund for a fixed income substitute
by Kennyt7
Sat Mar 10, 2018 7:50 am
Forum: Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 186
Views: 38022

Re: Torn between Vanguard, Fidelity and Schwab

vanguard has no shareholders we own the company
by Kennyt7
Mon Mar 05, 2018 8:31 pm
Forum: Personal Investments
Topic: advice on my retirement
Replies: 11
Views: 2730

Re: advice on my retirement

EVERYONE NEW TO INVESTING PLEASE GOOGLE AND READ "IF YOU CAN< HOW MILLENNIALS CAN GET RICH SLOWLY" and thank me later
by Kennyt7
Mon Mar 05, 2018 8:28 pm
Forum: Personal Investments
Topic: Retirement Questions - Vanguard Personal Advisor Services
Replies: 11
Views: 1297

Re: Retirement Questions - Vanguard Personal Advisor Services

do it yourself its fifth grade stuff
by Kennyt7
Sun Feb 18, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 4012

Re: Which book for an 18 year old who is asking about investing?

RANDOM WALK DOWN WALL STREET IS A MUST READ FOR EVERY INVESTOR, THEN BOGLE'S BOOKS ON MUTUAL FUNDS!
by Kennyt7
Sun Jan 07, 2018 3:34 pm
Forum: Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 3504

Re: Do we have too much in bonds?

I am 68 with 18% of 5.2 million in equities and I sleep like a baby. When you near retirement sequence of returns is critical and you should derisk your portfolio. When you win the game take most of the chips off the table unless you can withstand a yearly loss of 50% or a long period of stagnation ...
by Kennyt7
Mon Nov 27, 2017 4:59 pm
Forum: Personal Investments
Topic: Retirement personal advisor
Replies: 14
Views: 2193

Re: Retirement personal advisor

Vanguard is always a good choice
Robo Advisors like Betterment or Wealthfront are fiduciaries as well and charge .25% of Assets managed
by Kennyt7
Tue Nov 21, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 9
Views: 1743

Re: DISTRIBUTIONS

4.4 in ira 900k in munis ss for both about 40k no debts 68,67
probably can not do enough roths to make much of a difference
my goal is to preserve capital
have taken distributions for almost 10yrs, probably a million dollars
by Kennyt7
Tue Nov 21, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 162
Views: 23975

Re: Is holding bonds now dangerous?

of course you need bonds in your portfolio at any time
there was a recent 30yr period where bonds returned on average about 8.5%
I bought 10yr cds a bunch of yrs ago at 5%. My buddy said then rates gotta go up
DONT LISTEN TO FORECASTERS
by Kennyt7
Tue Nov 21, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 9
Views: 1743

DISTRIBUTIONS

68yr old married with 4.4 million in IRA
Any suggestions on doing some Roth Conversions
by Kennyt7
Mon Sep 04, 2017 3:46 pm
Forum: Personal Investments
Topic: NJ municipal bonds
Replies: 5
Views: 1053

Re: NJ municipal bonds

The default rate on investment grade bonds is miniscule. Buy A rated or better GO bonds if available
by Kennyt7
Mon Sep 04, 2017 3:45 pm
Forum: Personal Investments
Topic: NJ municipal bonds
Replies: 5
Views: 1053

Re: NJ municipal bonds

Have owned NJ Muni bonds for the last 40yrs!!!
by Kennyt7
Sat Aug 12, 2017 11:29 am
Forum: Personal Investments
Topic: Pay down home or increase Retirement Contributions
Replies: 21
Views: 2321

Re: Pay down home or increase Retirement Contributions

Any excess $$$ could be additional principal payments towards mortgage if desired
by Kennyt7
Sat Aug 12, 2017 11:28 am
Forum: Personal Investments
Topic: Pay down home or increase Retirement Contributions
Replies: 21
Views: 2321

Re: Pay down home or increase Retirement Contributions

MAX OUT RET PLAN contributions The mortgage will be paid off
by Kennyt7
Fri Aug 11, 2017 4:07 pm
Forum: Personal Investments
Topic: Near Retirement Portfolio Review
Replies: 9
Views: 2207

Re: Near Retirement Portfolio Review

sell that stock in the most tax efficient manner and keep a small amount if desired
nothing wrong with your portfolio and a 4% withdrawal rate
by Kennyt7
Thu Aug 10, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Advice on picking a dentist
Replies: 19
Views: 2531

Re: Advice on picking a dentist

if you are a pt with a dental hmo, the cheapest plan with the worst payments to dentists, you might be hit with lots of upgrades, surcharges, etc etc they pay us like 6-7 bucks a month per pt to do most procedures we make money when pts do not show up ever but most docs do not take this CRAP! beware...
by Kennyt7
Wed Aug 09, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 15400

Re: I pay $6K in rent. Am I an idiot for not buying?

yes with that income buy something
by Kennyt7
Wed Aug 09, 2017 7:30 pm
Forum: Personal Investments
Topic: Municipal Funds in a Traditional IRA?
Replies: 24
Views: 2154

Re: Municipal Funds in a Traditional IRA?

I actually own a few individual muni bonds in my ira paying around 4%
by Kennyt7
Tue Aug 08, 2017 8:44 am
Forum: Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 8482

Re: What is an appropriate lower risk asset allocation once one has "won the game"

100% equities age 73 is preposterous When you win the game you need to only thibk about capital preservation(marginal utility of wealth) I am 67 and have 18% of a 5.2 million dollar portfolio in fixed income Happy to get 4-5% yearly income plus 40k SS and not touch principal If you cannot afford to ...
by Kennyt7
Mon Aug 07, 2017 8:46 pm
Forum: Personal Investments
Topic: Withdrawal strategies in retirement
Replies: 4
Views: 1221

Re: Withdrawal strategies in retirement

research will tell you a mix of taxable and ira withdrawals during retirement your modified agi will determine your medicare part b premiums so check that out as well most research states a 4% withdrawal rate and a stock portfolio between 30-70% will last forever you probably will see your portfolio...
by Kennyt7
Mon Aug 07, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a New Car?
Replies: 42
Views: 4361

Re: Should I Buy a New Car?

keep the car a no brainer you will get another 100k miles
by Kennyt7
Mon Aug 07, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Time to leave our dentist??
Replies: 54
Views: 8746

Re: Time to leave our dentist??

as a retired gp there is gross overtreatment in dentistry as well as medicine because of greed and the exorbitant tuitions to get your degree adults should not be getting new cavities yearly but fillings do break down not much in dentistry is permanent excessive xrays are also pretty common get a se...