Search found 487 matches

by mesaverde
Thu Sep 27, 2007 5:18 pm
Forum: Personal Investments
Topic: OT Joint checking accounts for living expenses
Replies: 24
Views: 5753

OT Joint checking accounts for living expenses

Hi diehards, Suze Orman strongly suggests that couples hold a joint checking account to pay for daily living expenses such as rent/mortgage, utilities, groceries, etc. She says that each person should contribute according to their salary, NOT 50/50. For example, if monthly living expenses are $1500 ...
by mesaverde
Mon Sep 24, 2007 7:43 pm
Forum: Personal Investments
Topic: Are Prenuptial Agreements Important and Necessary?
Replies: 44
Views: 11890

[/quote] Or how about because you don't want your child to one day look up the word "bastard" in the dictionary in the library at elementary school and realize the word applies to him.[/quote] Yikes. I don't think I will ask my English as a Second Language students to look that word up tom...
by mesaverde
Sun Sep 23, 2007 6:26 pm
Forum: Personal Investments
Topic: Are Prenuptial Agreements Important and Necessary?
Replies: 44
Views: 11890

Re: Are Prenuptial Agreements Important and Necessary?

Do you think that prenuptial agreements are an important and necessary part of a good financial plan - especially for someone with considerable net worth ($1M+)??? Yes, cause the divorce has already begun. Exactly. The only reason I think a couple could get a prenup could be when one of the two com...
by mesaverde
Sat Sep 22, 2007 7:18 am
Forum: Personal Investments
Topic: Extended Market Index overweighting
Replies: 16
Views: 8396

I would like to overweight the extended market past its current 22% of U.S. market capitalization, perhaps with a 50/50 ratio between the S&P 500 and Extended Market Index. What's the rationale for the overweighting? I'm having difficulty finding long term historical return data on the extended...
by mesaverde
Fri Sep 21, 2007 8:50 pm
Forum: Personal Investments
Topic: Extended Market Index overweighting
Replies: 16
Views: 8396

Extended Market Index overweighting

Within a 403b plan I contribute to there are only two decent index funds, an S&P 500 Index fund (ER .19%) and an extended market index fund (ER .50%). I would like to overweight the extended market past its current 22% of U.S. market capitalization, perhaps with a 50/50 ratio between the S&P...
by mesaverde
Wed Sep 19, 2007 8:19 pm
Forum: Investing - Theory, News & General
Topic: Extended Market vs. Small Value
Replies: 21
Views: 5962

I may be incorrect, but hasn't mid and small cap averaged close to 15% returns over the past 35 years, approximately 3% more than TSM? Of course what happened in the past may not happen in the future, but one might reasonably expect this trend to continue over the long term. And if that is the case,...
by mesaverde
Wed Sep 19, 2007 11:06 am
Forum: Investing - Theory, News & General
Topic: Extended Market vs. Small Value
Replies: 21
Views: 5962

I hold a large percentage of my investments in TSM and am asking myself the same question too- whether to use small value or the extended market index to further diversify. I have read the same as Dude2, that the small value premium in the past has occured over long time periods, so that might be wh...
by mesaverde
Mon Sep 17, 2007 4:29 pm
Forum: Personal Investments
Topic: Thoughts on opening a Roth with USAA?
Replies: 26
Views: 8765

Hi Louis, I invest both with Vanguard and USAA. For obvious reasons I prefer Vanguard too but USAA is not bad compared to most investment companies. To be honest, the only reason I invest with USAA is because my employer has them on their list of 403b providers. You're right, most of their funds are...
by mesaverde
Fri Sep 14, 2007 10:32 am
Forum: Personal Investments
Topic: Invest with Merrill Lynch??
Replies: 28
Views: 8635

I'm a little confused. Is your wife an employee of the company? If so, she technically can't elect to put any money in the SEP-IRA (other than an annual traditional IRA contribution). An EMPLOYER funds a SEP-IRA accounts on behalf of each employee; i.e. it's not a discretionary choice by the employ...
by mesaverde
Thu Sep 13, 2007 9:47 pm
Forum: Personal Investments
Topic: Invest with Merrill Lynch??
Replies: 28
Views: 8635

Thank you so much for the replies and stories, they speak volumes. I found out my wife can buy ishares ETFs in the Merrill Lynch account. Going to the ishares website, I found the following funds with expense ratios, which is much better than the load funds the ML "advisor" showed her when...
by mesaverde
Thu Sep 13, 2007 7:23 pm
Forum: Personal Investments
Topic: Invest with Merrill Lynch??
Replies: 28
Views: 8635

Invest with Merrill Lynch??

Hello, My wife and I hold all of our investments with Vanguard. My wife can now contribute up to $45,000 a year in a SEP IRA through her boss, but her boss only uses Merrill Lynch. She wants to put the maximum amount each year. What do those who have experience with Merrill Lynch think of the compan...
by mesaverde
Tue Sep 11, 2007 8:42 pm
Forum: Personal Investments
Topic: transfer from 457b while still employed with employer?
Replies: 3
Views: 1840

transfer from 457b while still employed with employer?

I have been doing some reading and haven't found an answer about this: I can contribute to a 457b with my employer, but only to high cost variable annuity products. Is it possible to do a transfer to, say, a Trad. IRA with another company such as Vanguard? This would be while still employed with the...
by mesaverde
Thu Sep 06, 2007 9:32 pm
Forum: Personal Investments
Topic: 403b investment options
Replies: 6
Views: 1494

Re: accounts

Sorry, I just wanted to make sure. What you said was: I have all other retirement accounts with Vanguard, in Target Retirement 2035 Since you used the plural "accounts," I thought there might be other stuff. OK, but we still need to know what % of total assets are in this TR fund. The 403...
by mesaverde
Thu Sep 06, 2007 8:06 pm
Forum: Personal Investments
Topic: 403b investment options
Replies: 6
Views: 1494

Re: More information

You should not look at the 403b in isolation. What other accounts with VG do you have. Please list all funds (%) in all accounts so the total equals 100% of everything. Getting the top down view will enable readers to provide better suggestions. Paul The only other fund I have (100%) is with Vangua...
by mesaverde
Thu Sep 06, 2007 6:07 pm
Forum: Personal Investments
Topic: 403b investment options
Replies: 6
Views: 1494

403b investment options

Hi, I am working for a school district that has USAA listed as a 403b provider-it is the lowest cost option (no Vanguard or Fidelity). I have all other retirement accounts with Vanguard, in Target Retirement 2035 (Currently at 11% bonds). Here's a list of the lowest cost investment options with USAA...
by mesaverde
Sat Jul 28, 2007 7:42 pm
Forum: Investing - Theory, News & General
Topic: do people think you're nuts for living modestly?
Replies: 152
Views: 64923

I live a fairly different lifestyle compared to many people I know. I'm 34 and have traveled outside the US 28 times (sometimes months away at a time). I have a 1995 Nissan pickup truck with 220,000 miles on it and expect to continue driving it for many years. I save close to 50% of my gross income ...
by mesaverde
Thu Jul 26, 2007 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Teachers, unions, and arguments
Replies: 67
Views: 26269

I am 34 and just finished my 8th year teaching. My wife is a dentist and occasionaly I have thought of leaving my job for something that pays more. As referred to above, teachers are in most cases paid as professionals, according to the days/hours they work. Sure, it may not pay quite as much as oth...
by mesaverde
Sun Jul 22, 2007 7:52 pm
Forum: Investing - Theory, News & General
Topic: Compound interest overrated?
Replies: 20
Views: 6092

My favorite tool to see the effects of compounding is Fidelity's Growth Calculator, play with the numbers:

http://personal.fidelity.com/toolbox/gr ... owth.shtml
by mesaverde
Sat Jul 21, 2007 6:41 am
Forum: Investing - Theory, News & General
Topic: VWO or VEIEX
Replies: 34
Views: 11215

When one plays around with numbers in Vanguard's ETF cost calculator (refered to previously by Simba) it is difficult to calculate a situation where VEIEX is superior to the ETF version. One might conclude, why even bother with VEIEX? Even if someone holds VEIEX shares, why would they not convert to...
by mesaverde
Thu Jul 05, 2007 9:21 pm
Forum: Investing - Theory, News & General
Topic: Placing Funds in Taxable Accounts or Non-Deductible IRAs?
Replies: 10
Views: 3825

I read this article and couldn't help but notice that it didn't mention that starting in 2010 the income limit for converting Trad. IRA's to Roth IRA's will be eliminated. A very important bit of information for those not able to contribute to deductable Trad. IRAs.
by mesaverde
Wed Jun 13, 2007 8:46 am
Forum: Investing - Theory, News & General
Topic: Your worst investing mistake
Replies: 145
Views: 37482

My Top 5 mistakes. 1) High maintenance females -- soaked up way more than all of the above mistakes combined. I think this can be a great mistake and see it all the time. Any person (male or female) who thinks they "deserve" to be continuously pampered can be a terrible investment of both...
by mesaverde
Mon Jun 04, 2007 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs. Fidelity
Replies: 36
Views: 12737

perhaps another thing to consider

I was in the same position several months ago, deciding between Fidelity and Vanguard. While lower expenses generally mean higher returns, one of the main things that pushed me to Vanguard (other than what has been mentioned above) is the additional minimum investment of $1,000 with the Fidelity ind...
by mesaverde
Mon Jun 04, 2007 7:20 am
Forum: Investing - Theory, News & General
Topic: Bond allocation - are Target Retirement Funds too aggressive
Replies: 30
Views: 20983

another thought

Hi Oddibe, I'm 34 and use Target Retirement 2030 in my tax defered accounts. I plan to start drawing from these accounts when I am ~60 years old. According to the way Vanguard has the TR funds allocated now, that would mean that the 2030 fund would hold approximately 55% bonds when I am 60, close to...
by mesaverde
Sat Jun 02, 2007 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Any Good Movies?
Replies: 97
Views: 44054

28 weeks later

If you can put up with a lot of graphic blood and violence and would like to see a movie with a story line you will remember, 28 Weeks Later might be a good one to see, a good sequel to 28 Days Later.
by mesaverde
Sat Jun 02, 2007 8:16 am
Forum: Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7784

At retirement, draw from taxable or tax defered first?

Hello, What is the general consensus on whether investors should draw from taxable accounts or tax defered accounts at retirement? This is assuming that the person would not have to draw from both at the same time. Perhaps drawing from taxable accounts would make the most sense, since those investme...
by mesaverde
Wed May 16, 2007 2:49 pm
Forum: Investing - Theory, News & General
Topic: Foreign Tax credit- how much is this really worth?
Replies: 8
Views: 3673

Foreign Tax credit- how much is this really worth?

To those investing in taxable accounts with funds with which a foreign tax credit can be claimed, how much is this really worth? For example, with Tax Managed International or Emerging Markets?
by mesaverde
Sun May 13, 2007 9:06 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's projected EPS growth- 5 yr. %
Replies: 1
Views: 1671

Morningstar's projected EPS growth- 5 yr. %

Morningstar lists the EPS growth in the instant x-ray tool. I have read about how EPS growth is calculated. Can the projected EPS growth be used as a rough guide to get an idea of the return potential for mutual funds? For example, the projected EPS growth for VG total stock market index is 11.68% ....
by mesaverde
Fri May 11, 2007 3:17 pm
Forum: Personal Investments
Topic: Are you contributing to a non-deductable IRA?
Replies: 14
Views: 4324

Are you contributing to a non-deductable IRA?

For those who make above the cutoff for contributing to a Roth, who here plans to contribute to a non deductable IRA and convert it to a Roth in 2010?
This is not exactly an easy decison to make, as tax laws can always be changed.
by mesaverde
Wed May 09, 2007 5:46 pm
Forum: Investing - Theory, News & General
Topic: VG Tax Managed International vs Fidelity International Index
Replies: 1
Views: 991

VG Tax Managed International vs Fidelity International Index

Hello, I am shopping for an MSCI EAFE international fund to contribute to in a taxable account. I have narrowed my search to these two funds because of their low expenses and tax efficiency. I will most likely never sell the stock for 20-30 years. I will start off with $13,000 and predict I will con...
by mesaverde
Tue May 08, 2007 8:11 pm
Forum: Personal Investments
Topic: Thoughts on my asset allocation
Replies: 1
Views: 901

Thoughts on my asset allocation

Hello, I have a 403b with USAA and am contributing the maximum to it. I'm 34. There are not many low cost index options with USAA, especially for small cap and international. Here is where I am right now, and I plan to start adding bonds in the near future: 33.3% USSPX USAA S&P 500 Index, ER .19...
by mesaverde
Mon May 07, 2007 3:04 pm
Forum: Personal Investments
Topic: Renting vs. home ownership
Replies: 92
Views: 42009

.

In my area (northern Virginia just outside of Washington DC) real estate costs 3-4 times the cost of renting. My wife and I could buy a property, but instead, we make sure we invest the difference. I have used a variety of calculators, and there is no advantage to buying right now.
by mesaverde
Sun May 06, 2007 8:37 am
Forum: Investing - Theory, News & General
Topic: ratio of extended market index to S&P 500 Index
Replies: 3
Views: 1250

ratio of extended market index to S&P 500 Index

Hello, The extended market index and S&P 500 index are the only index choices I have in my retirement plan. According to Vanguard's "key benchmark statistics" dated March 31 2007, the extended market makes up 23% of the US market, and the S&P the remaining 77%. I would like to over...
by mesaverde
Fri May 04, 2007 8:46 am
Forum: Investing - Theory, News & General
Topic: Invest bonds in taxdefered and index stock funds in taxable?
Replies: 7
Views: 2292

Ataloss, thank you for the reference to the spreadsheet. Doing the math speaks for itself. In my situation, it looks like tax-deferred is the best option.
by mesaverde
Thu May 03, 2007 10:20 pm
Forum: Investing - Theory, News & General
Topic: Invest bonds in taxdefered and index stock funds in taxable?
Replies: 7
Views: 2292

Thanks for the reply Taylor. I was just reading Larry Swedroe's Only Guide to a Winning Investment Strategy and in Appendix G, Investment Implications of the Tax Act of 2003 he states that: "to the maximum extent possible, tax efficient equities should be located in taxable accounts, and tax-in...
by mesaverde
Thu May 03, 2007 9:55 pm
Forum: Investing - Theory, News & General
Topic: Invest bonds in taxdefered and index stock funds in taxable?
Replies: 7
Views: 2292

Invest bonds in taxdefered and index stock funds in taxable?

Hello, It is looking like my wife and I (ages 31 and 34) will make too much money to be able to contribute to Roth IRA's or deductable trad. IRA's starting this year and into the future. We both only invest in index funds, mainly tax managed international and total stock market index. I have access ...
by mesaverde
Thu May 03, 2007 7:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard Energy Fund
Replies: 11
Views: 4154

BrianTH, Good point, I don't think I was necesarily speculating that somehow energy stock is somehow undervalued. It seems like this specific sector could easily be changed if the federal government takes a bigger part in energy consumption/regulation/management. Under current laws and regulations, ...
by mesaverde
Wed May 02, 2007 4:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Energy Fund
Replies: 11
Views: 4154

Vanguard Energy Fund

Hello, I am considering moving money into the VG Energy Fund as a big part of my asset allocation (in a tax defered account). This seems to be one of the best energy funds I have seen, especially since it has an ER of .25%. I understand that this fund was closed to investors for a period of time whe...