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Post by Deleted on Dec 29, 2021 20:41:17 GMT
Great site – brings back memories of the old M*. I never posted there but am a longtime lurker (20+ years). I’m an academic, about 5 years from retirement. I will have a pension; the promised amount exceeds my current annual spending. My portfolio is pretty conservative: 40% equities, 30% TIAA traditional, and 30% bonds and cash (including a fair bit of stable value). The conservative stance is more a reflection of my belief that the market’s overvalued, than of my risk preferences. If the market crashed, I’d happily move to 100% equities. I always buy on dips, but usually take profits when I believe the market’s getting frothy. I look forward to lurking on this site.
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vl
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Post by vl on Jan 20, 2022 4:50:10 GMT
chang, Hi I am new to this site. I am 68. I used to read morning star. I am retired, worked in the medical field, stayed at home raising kids. Now I have 4 grandkids.. Want to learn about investing. Played very safe with money saving in money market. Few funds. Want to learn more about investing.
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Post by chang on Jan 20, 2022 10:22:31 GMT
Welcome @skip and vl, glad to have you here. Feel free to lurk, but feel free to jump in, too.
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Post by retiredat48 on Jan 20, 2022 17:57:09 GMT
To recent new members here...WELCOME.
I had not viewed this thread in awhile. Interesting to see former Morningstar lurkers/posters.
R48
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vl
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Post by vl on Jan 21, 2022 2:28:53 GMT
Yes I used to visit morning star discussion group. But I was disappointed when their format changed. Now glad to be here.
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Post by 12five on Feb 4, 2022 14:08:21 GMT
Happy Friday all! I can’t wait to read more threads! I’m so thankful for this forum. I am 1.5 years from my hopeful retirement. I’ve been working in high tech for my whole career. I’m getting burned out and need to get out. I am not sure what life after working looks like, but I think winters in Florida and summers on Cape Cod look good, for as long as I can stay financially fit and healthy. Reading your intros and posts is great, look forward to learning more.
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Post by richardsok on Feb 4, 2022 15:27:43 GMT
Happy Friday all! I can’t wait to read more threads! I’m so thankful for this forum. I am 1.5 years from my hopeful retirement. I’ve been working in high tech for my whole career. I’m getting burned out and need to get out. I am not sure what life after working looks like, but I think winters in Florida and summers on Cape Cod look good, for as long as I can stay financially fit and healthy. Reading your intros and posts is great, look forward to learning more. Delighted to see you on board, 12five. Hope the forum is useful and enjoyable for you.
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Post by chang on Feb 12, 2022 23:10:19 GMT
Welcome new members dgc496, 12five, greyhound91114. Feel free to introduce yourselves here. @dgc - love the perfect number (https://www.britannica.com/science/perfect-number).
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vl
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Post by vl on Mar 8, 2022 1:16:54 GMT
Hi I am over 65 . Just started to invest in index funds. Been very very conservative in the past .CD's , MM, savings. I have some money to invest and let it grow for me or my kids
These are the funds. I need your advise Are these good to hold for the next 15 years VFIAX / 30,000
VWITX/ 5000 VBIRX/ 4000 VTSAX/ 5000 VTI/ 3800
Appreciate any input '
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Post by fishingrod on Mar 8, 2022 1:38:41 GMT
Welcome vl There is a lot of overlap in your choices. VFIAX is an SP500 index fund. VTSAX is a Total market index fund, VTI is another share class of same Total market index fund. These both hold every stock in VFIAX SP500 fund, plus a whole lot more mid and small cap stocks. You in essence could use just one- VTI or VTSAX or (VFIAX if you didn't want any mid and small cap exposure).
Is this all in one taxable account?
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Post by Chahta on Mar 8, 2022 2:37:36 GMT
Hello vl. I would suggest investing it in chunks, also known as dollar cost averaging, into the equity fund(s). Things are just a little too crazy right now to invest lump sum. Hopefully bond funds have seen the worst of rising rates.
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vl
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Post by vl on Mar 15, 2022 6:25:06 GMT
Thank you so much for your input.
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vl
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Post by vl on Mar 17, 2022 17:18:15 GMT
Hi I am a bit tech challenged so I hope this is the place to ask questions. Which is better to sign up for beginners while using morning star: basic or premium
Are robo advisers good for seniors who just want to invest in a 2 fund portfolio
also if I start 3 funds in my name and my adult children, who will pay taxes on it? please answer these questions thanks
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Post by mnfish on Apr 24, 2022 11:37:11 GMT
Been lurking a while but never posted. Post at ArmChair occasionally and used to hang at MStar also. 63yo, quit full time work in 2014, been self-investing since 2006.
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Post by chang on Aug 13, 2022 11:49:38 GMT
Reminder - lots of new members in the last few months, but no introductions lately. Feel free to post here … most people are interested to know something about one another’s background, experience, etc.
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Post by retiredat48 on Aug 13, 2022 17:18:46 GMT
Hi vl......who posted: I am a bit tech challenged so I hope this is the place to ask questions. Which is better to sign up for beginners while using morning star: basic or premium R48 in bold: basic...no need for premium if you are a beginner.Are robo advisers good for seniors who just want to invest in a 2 fund portfolio Not needed. You must have in mind the two types of funds...let's say an all everything stock fund and bond fund. So, buy Vanguards entries here...lowest costs, and safest. Vanguard will provide a rep to hold your hand/guidance while doing this.also if I start 3 funds in my name and my adult children, who will pay taxes on it? please answer these questions Interesting...perhaps Yogi can chime in...but I think you both are responsible for taxes.
The key question is why do this? Lot's of pitfalls. Suggest you buy the stock funds in your name, using the POD title. Means "Payable on death." Yes, you can designate which children get what on such funds in taxable accounts, when you die. This way, the kids get a step-up cost basis upon your death.
R48 in bold.
thanks
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Post by yogibearbull on Aug 13, 2022 18:30:45 GMT
vl , retiredat48 , M* Basic and M* Premium are going away later in 2022 and will be replaced by M* Investor (BAD as of now but post-release fixes continue - a terrible way to do business). Very little at M* will be free. For an alternative, consider Stock Rover (not free) and there is a thread on it. big-bang-investors.proboards.com/thread/1659/stock-rover?page=1&scrollTo=22928 For joint a/c with adult children, tax responsibility will be split. If you open a/c in your name with POD/TOD beneficiaries, only you will have the tax liability. You can also gift up to $16K/yr/person outright (without any taxes and without the complicated Gift Form 709), that money will be out of your estate, and from then on, the beneficiary will be responsible for taxes.
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Post by newtecher on Oct 22, 2022 13:57:04 GMT
Professor of physics/engineering in mid-40s. Typically looking for absolute values in all asset classes. Investing since 2004. Was a lurker and occasional poster on M* forums.
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Post by retiredat48 on Oct 22, 2022 14:08:52 GMT
Hi newtecher...welcome.
R48
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Post by Chahta on Oct 22, 2022 14:49:27 GMT
Welcome newtecher . I was an engineering student in the 70s. Several students and at least another professor here.
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Post by chang on Oct 23, 2022 9:55:35 GMT
Professor of physics/engineering in mid-40s. Typically looking for absolute values in all asset classes. Investing since 2004. Was a lurker and occasional poster on M* forums. Hoorah, a third physicist on this site!
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Post by retiredat48 on Oct 23, 2022 15:24:04 GMT
Professor of physics/engineering in mid-40s. Typically looking for absolute values in all asset classes. Investing since 2004. Was a lurker and occasional poster on M* forums. Hoorah, a third physicist on this site! Yikes!...then why did a physicist, newtecher, state: "looking for absolute values in all asset classes.". There are no absolute values in investing!! Unless we're talking about FD's positive, risk-adjusted historical returns. R48
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Post by chang on Oct 23, 2022 16:26:52 GMT
Hoorah, a third physicist on this site! Yikes!...then why did a physicist, newtecher, state: "looking for absolute values in all asset classes.". There are no absolute values in investing!! Unless we're talking about FD's positive, risk-adjusted historical returns. R48 A physicist can be forgiven for any faults in mathematics. Even today, quantum field theory - the most successful theory in the history of physics - has no solid mathematical foundation. Einstein wasn't great at math (it was Minkowski who realized that relativity belonged in a geometrical setting).
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Post by newtecher on Oct 23, 2022 17:57:46 GMT
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Post by retiredat48 on Oct 24, 2022 14:43:10 GMT
Yes. I recently made a post stating that if one compares value with growth stocks (relative value) over last decade, then value performance is perceived as poor; if one compares value on an absolute basis, as a stand-alone investment, it has served retirees OK the last decade. BTW on a relative value basis...caution re the new available yields in Treasury Bonds. 4+%, risk-free, is very competitive with value stocks going forward. So put treasuries and corporate bond alternatives in the absolute and relative value equations. Good day. R48
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Post by racqueteer on Oct 24, 2022 15:29:50 GMT
A physicist can be forgiven for any faults in mathematics. Even today, quantum field theory - the most successful theory in the history of physics - has no solid mathematical foundation. Einstein wasn't great at math (it was Minkowski who realized that relativity belonged in a geometrical setting). Well, I know that I only tolerated math in order to do physics; so there's at least some anecdotal evidence for this! I have cold-sweat memories of a math course which started off by 'proving' that 1+1=3. Dropped it the next day... Even differential equations was problematic; given that I never got the hang of power series solutions. You, otoh, probably LOVED math in all its incarnations!
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Post by newtecher on Oct 25, 2022 0:02:16 GMT
BTW on a relative value basis...caution re the new available yields in Treasury Bonds. 4+%, risk-free, is very competitive with value stocks going forward. So put treasuries and corporate bond alternatives in the absolute and relative value equations. Good day. R48 Value stocks do not look terrible in terms of valuations, especially dividend appreciation portfolios. However, I was talking about long-term treasuries as a hedge for TIPs in case of deflation. I do not think value stocks can serve that purpose.
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Post by FD1000 on Oct 31, 2022 23:16:29 GMT
Math + physics yikes. I was pretty good at math but never wanted to work in it and why I graduated in Computer Science + Economic/finance. There was only one university that offered that, the rest of them you had to take math as a major.
Value, over value, absolute value and many more are just words. If you want to make money, disregard them and concentrate on what markets tell you LATELY. This basic concept is mostly right and can't be wrong too long. It leads you to the best relative categories.
But, if you want to have an absolute performance, that's my specialty since retirement: I want to make enough money till death and keep our standard of living with the lowest volatility, never lose more than 5%(actually only 3%, so far less than 1%) from any last top, beat VWIAX (or 40/60), and be positive annually. So far I achieved it easily.
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Post by Deleted on Nov 7, 2022 1:26:56 GMT
I was a lurker and occasional poster on M* forums for almost 15+ years. I have a BS in Computer science and Masters in Math. Worked for one of the large Health Insurance Company for 35 year in a Management role. Retired in 2019 at the age of 58. I reside half time in Green Bay, Wisconsin and half time in Leesburg Florida (Winters). I am kind of aggressive buy and hold investor, because I am not smart enough to know when to get out and when to get back in the market. This methodology has worked well for me over the years not changing now! I recently found this group, not sure how I missed it when everybody left morning star 2-3 years ago. Glad to be here.
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Post by chang on Nov 7, 2022 1:57:27 GMT
@jovan Welcome, always good to have a fellow mathematician here. What was your username on M*?
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