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Post by Freeborn on Aug 9, 2019 8:45:49 GMT -6
Bob and I are mimicking nature by spreading out and encasing our poops in carbon, thus preventing it from accumulating and getting into the water supply. In an effort to conserve my funding.....I am considering going to solar power and geo-thermal HVAC. I've already put a solar charger 12 volt battery system on my boat hoist.....and I am moving to a state with Community Property Laws which offer a stepped up basis on jointly held assets. (MO are you listening?). Are you having to completely redo your estate planning because of this or are you modifying your current plan?
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Post by Foggy on Aug 9, 2019 8:48:31 GMT -6
In an effort to conserve my funding.....I am considering going to solar power and geo-thermal HVAC. I've already put a solar charger 12 volt battery system on my boat hoist.....and I am moving to a state with Community Property Laws which offer a stepped up basis on jointly held assets. (MO are you listening?). Are you having to completely redo your estate planning because of this or are you modifying your current plan? I'm not sure. Meeting with an attorney in OZ to determine same. I don't think it is too difficult to re-write a trust document?
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Post by kabic on Aug 9, 2019 12:56:13 GMT -6
So I have been slacking at looking at my current 401K plan, in one of the targeted date plans and have seen 6.82% return this year...seems low to me. Thinking I should start contributing to a different choice anybody have anything to good to say about these TransAmerica Choices? Short Bonds/Stable/MMkt Prudential Stable Value Fund Interm./Long-Term Bonds Lord Abbett Total Return R3 Vanguard Total Bond Market Index Adm Large-Cap Stocks ClearBridge Large Cap Value I Vanguard Institutional Index I Wells Fargo Growth Admin Small/Mid-Cap Stocks JPMorgan Interpid Mid Cap R6 Vanguard Mid Cap Index Adm PGIM Jennison Mid-Cap Growth A Invesco SmallCapValue A Gabelli Small Cap Growth A Vanguard Small Cap Index Adm T. Rowe Price New Horizons International Stocks Causeway International Value Inv How many years to retirement and what is the expense ratio of your current target date fund? and what is the current mix? 6.87 isn't bad considering the downs we have had the last week I turn 45 this year, so got a good 20 years before retirement. I am currently in the 2040 targeted date fund. Not sure what the difference between gross and net means in the context of funds Gross Expense Ratio: 0.55% Net Expense Ratio*: 0.44% Top Five Holdings as of 05/31/2019 TIAA-CREF Growth & Income W 12.1% TIAA-CREF Large-Cap Growth W 10.9% TIAA-CREF Large-Cap Value W 10.5% TIAA-CREF Quant Large-Cap Growth W 9.5% TIAA-CREF Quant Large-Cap Value W 9.2% Portfolio Profile as of 05/31/2019 Net Assets $MM 3559.00 Cash (%) 2.03 US Stocks (%) 55.33 Bonds (%) 12.03 Non-US Stocks (%) 25.74 Other (%) 4.87 Turnover Ratio (%) 14.00 Edit: Reading is essential : *The net expense ratio reflects the expense ratio of the fund after any applicable expense waivers or reimbursements. This waiver or reimbursement is contractual and is currently in effect through 09/30/2019.
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Post by leexrayshady on Aug 9, 2019 15:21:28 GMT -6
How many years to retirement and what is the expense ratio of your current target date fund? and what is the current mix? 6.87 isn't bad considering the downs we have had the last week I turn 45 this year, so got a good 20 years before retirement. I am currently in the 2040 targeted date fund. Not sure what the difference between gross and net means in the context of funds Gross Expense Ratio: 0.55% Net Expense Ratio*: 0.44% Top Five Holdings as of 05/31/2019 TIAA-CREF Growth & Income W 12.1% TIAA-CREF Large-Cap Growth W 10.9% TIAA-CREF Large-Cap Value W 10.5% TIAA-CREF Quant Large-Cap Growth W 9.5% TIAA-CREF Quant Large-Cap Value W 9.2% Portfolio Profile as of 05/31/2019 Net Assets $MM 3559.00 Cash (%) 2.03 US Stocks (%) 55.33 Bonds (%) 12.03 Non-US Stocks (%) 25.74 Other (%) 4.87 Turnover Ratio (%) 14.00 Edit: Reading is essential : *The net expense ratio reflects the expense ratio of the fund after any applicable expense waivers or reimbursements. This waiver or reimbursement is contractual and is currently in effect through 09/30/2019. Your way to young for bonds in my opinion. especially with a 20year time horizon. and your target date has 12% in them. .44% expense ratio is pretty good but you can do better. of the ones you listed I would do these. I would do this and not change it until your 5-7 years out from retirement. 90% into Vanguard Institutional Index I expense ratio is amazing at .035% 10% into Vanguard Small Cap Index Adm Expense ratio is .05% That's the mix I have, You can not beat those fees avg of .04 vs. the .44% your paying now. You will save thousands that will stay with you and help your nest egg grow even bigger. Definitely switch out of the target date fund with all those bonds. Don't chase returns, Time in the market always beats timing the market and keep fees as low as possible.
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Post by kabic on Aug 9, 2019 18:08:28 GMT -6
Thanks for the advice Leexray. Sounds like you are suggesting i move the current funds and not just redirect future contributions. Was going to be lazy and just redirect, but sounds like the difference in fees warrants moving current as well.
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Post by nhmountains on Aug 9, 2019 20:11:23 GMT -6
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Post by Foggy on Aug 9, 2019 23:05:38 GMT -6
^ That is the thing with collectibles.....you have to have a way to liquidate when you want to. The great thing about stocks is that their is a ready market and a price available at any point in time. .....you want to sell 100 shares?.....no problem! 10000 shares....no sweat. Instant LIQUIDITY......and those are good benefits to the holder.....IMO.
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Post by MoBuckChaser on Aug 10, 2019 3:07:58 GMT -6
Bob and I are mimicking nature by spreading out and encasing our poops in carbon, thus preventing it from accumulating and getting into the water supply. In an effort to conserve my funding.....I am considering going to solar power and geo-thermal HVAC. I've already put a solar charger 12 volt battery system on my boat hoist.....and I am moving to a state with Community Property Laws which offer a stepped up basis on jointly held assets. (MO are you listening?). If you are moving to zona, why the solar powered boat hoist?
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Post by Foggy on Aug 10, 2019 7:33:45 GMT -6
In an effort to conserve my funding.....I am considering going to solar power and geo-thermal HVAC. I've already put a solar charger 12 volt battery system on my boat hoist.....and I am moving to a state with Community Property Laws which offer a stepped up basis on jointly held assets. (MO are you listening?). If you are moving to zona, why the solar powered boat hoist? I've had a solar powered boat hoist for several years. It eliminates the need to run a power cord out on the dock.....and powers a hydraulic lifted hoist. I'm just changing my residence from MN to OZ.....and will be there for 185 days each year. The rest of my time will be back here in the high taxed state of MN. .
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Post by sd51555 on Aug 10, 2019 7:59:47 GMT -6
Thanks for the advice Leexray. Sounds like you are suggesting i move the current funds and not just redirect future contributions. Was going to be lazy and just redirect, but sounds like the difference in fees warrants moving current as well. Do it on the right day in the near future, and you could get a nice discount shifting back into stocks. I'm no fortune teller, but I've got a feeling we're in for a bumpy ride until some shit gets figured out. Talking heads were saying the first bounce back we had this week was driven by company treasury departments gobbling up their own stocks on the weakness. But them guys will run out of money quickly in an environment like this.
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Post by Foggy on Aug 10, 2019 8:13:36 GMT -6
Thanks for the advice Leexray. Sounds like you are suggesting i move the current funds and not just redirect future contributions. Was going to be lazy and just redirect, but sounds like the difference in fees warrants moving current as well. Do it on the right day in the near future, and you could get a nice discount shifting back into stocks. I'm no fortune teller, but I've got a feeling we're in for a bumpy ride until some shit gets figured out. Talking heads were saying the first bounce back we had this week was driven by company treasury departments gobbling up their own stocks on the weakness. But them guys will run out of money quickly in an environment like this. One thing I have learned over time.....is that it's almost impossible to time the market and make a buck doing so. You need to make a couple of right decisions (when to get out and when to get back in) to effectively "beat" the market.....and it doesn't seem like many of us are good at doing this. Often you end up chasing the market and missing the gains or getting whipsawed in your timing efforts. Better to change allocations to different segments of the market a bit than to time the general stock market......IMO. Most of the timing models have been proven faulty over time. Hard to get it right.
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Post by Freeborn on Aug 10, 2019 8:22:40 GMT -6
If you are moving to zona, why the solar powered boat hoist? I've had a solar powered boat hoist for several years. It eliminates the need to run a power cord out on the dock.....and powers a hydraulic lifted hoist. I'm just changing my residence from MN to OZ.....and will be there for 185 days each year. The rest of my time will be back here in the high taxed state of MN. . Smart moving out of Minnesota, why pay taxes to a government you don't agree with. Solar powered hoists have gotten very popular the last decade. There are allot of them on Pelican.
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Post by Bwoods11 on Aug 10, 2019 8:24:51 GMT -6
I need a solar powered boat lift!
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Post by Foggy on Aug 10, 2019 8:32:03 GMT -6
I need a solar powered boat lift! I've had one for over ten + years. Man....have they gone up in price! Ours has worked flawlessly......and the deep cycle battery has always had enough charge to lift our boat (first we had a 23 foot runabout and now a 25 foot tritoon w 250 HP). Its got an electric motor powering a hydraulic pump and cylinder to lift 6000 lbs. I am so glad I bought a lift big enough when I bought the run-about so that I did not have to do it again when we traded for the toon.
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