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Re: How do you get "IN"
Old 10-10-2006, 07:28 AM   #21
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Re: How do you get "IN"

Quote:
Originally Posted by JohnEyles
I only see 2.7% yield. Do you mean somethign besides ticker symbol MFA ?
This is the security I had in mind: http://finance.yahoo.com/q/bc?s=MFA-PA
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Re: How do you get "IN"
Old 10-10-2006, 07:32 AM   #22
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Re: How do you get "IN"

Quote:
Originally Posted by modhatter
Well, I'm guessing the combined income with everything to be in the neighborhood of between 70 to 82,000 with only $7,500 of that in dividends. (Total invested $1,100,000)

Soc Sec. $19,000
$250,000 CD's (5.25%) $13,125
$350,000 Bonds, Reits etc (6%) $21,000
$500,000 stocks (1/50% divs) 7,500
Rents (always expenses on these) 21,000
_______
$81,625

So if that comes true, than wouldn't my tax bite considering nothing is in a IRA etc be around $16,000 + Am I wrong in my estimation?
The only way to get anything like a real answer is to do a pro forma tax return, painful as it might be. Don't forget personal exemptions, standard deduction, other deductions and the fact that the 15% bracket goes pretty far up.
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Re: How do you get "IN"
Old 10-10-2006, 01:09 PM   #23
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Re: How do you get "IN"

Thank you all so much. Especially you Brewer, with all your input. I appreciate all. I am trying to come up with a game plan now.
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Re: How do you get "IN"
Old 10-11-2006, 10:12 AM   #24
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Re: How do you get "IN"

Here is a link to a comment about "Bob's Ponies" made on the FundAlarm Discussion Forum. I have no clue as to the ID of Rono, but he is a long-time poster there. His comment is a better statement of the use/not -use of that tool:

http://www.fundalarm.com/wwwboard/messages/155428.html
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Re: How do you get "IN"
Old 10-11-2006, 12:33 PM   #25
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Re: How do you get "IN"

The free chapter of a book called "Wealth Logic" by Moshe Milevsky (a financial whiz that has been mentioned here by Nords and at5sg) is all about DCA. You can find it here:
http://www.captus.com/Information/im...pleChapter.pdf

Have bought the book but it's arriving surface mail from the States so it will be a couple months before I read the rest of it. His DCA argument made sense to me: invest what you have, when you have it.
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Re: How do you get "IN"
Old 10-11-2006, 12:43 PM   #26
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Re: How do you get "IN"

You need to read two books:

1. "The Boglehead's guide to investing" by John C. Bogle.

2. "The only guide to a winning investment strategy you'll ever need" by Larry Swedroe.
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Re: How do you get "IN"
Old 10-11-2006, 01:30 PM   #27
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Re: How do you get "IN"

Quote:
Originally Posted by JustCurious
You need to read two books:

1. "The Boglehead's guide to investing" by John C. Bogle.

2. "The only guide to a winning investment strategy you'll ever need" by Larry Swedroe.
The Boglehead book was written by 3 of the posters on the Die hards board. Not by Mr. Bogle.
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Re: How do you get "IN"
Old 10-11-2006, 01:57 PM   #28
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Re: How do you get "IN"

Quote:
Originally Posted by brewer12345
The only way to get anything like a real answer is to do a pro forma tax return, painful as it might be.
Speaking of which, when a fresh RE has no W2 income to speak of and starts
to think about filling up the low tax brackets with IRA conversions and cap-gain
harvesting ... it's helpful to know what your dividends and cap-gain distributions
are gonna be, but very hard to predict, since so many of them occur in December,
if not late December. Is there a good way around that one ? Since conversions
and cap-gaining must be done by December 31, the timing is a little tight !
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Re: How do you get "IN"
Old 10-11-2006, 02:05 PM   #29
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Re: How do you get "IN"

Quote:
Originally Posted by JohnEyles
Speaking of which, when a fresh RE has no W2 income to speak of and starts
to think about filling up the low tax brackets with IRA conversions and cap-gain
harvesting ... it's helpful to know what your dividends and cap-gain distributions
are gonna be, but very hard to predict, since so many of them occur in December,
if not late December. Is there a good way around that one ? Since conversions
and cap-gaining must be done by December 31, the timing is a little tight !
Hmm, well, if most of your taxable investments are index funds or individual stocks and bonds, it should be pretty easy to figure out. If you are heavily invested in managed funds in a taxable account, you might get some advance notice by calling the fund company near the end of the year and asking.
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Re: How do you get "IN"
Old 10-11-2006, 02:12 PM   #30
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Re: How do you get "IN"

I would not worry much about getting in. They will always accept your money. It's when you want to get out that you could have a problem.

Ha
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Re: How do you get "IN"
Old 10-11-2006, 02:15 PM   #31
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Re: How do you get "IN"

Quote:
Originally Posted by Brat
I have no clue as to the ID of Rono, but he is a long-time poster there.
Rono's a good guy. He's been posting since Usenet had acoustic couplers for telephone handsets.

He's a Vietnam vet (Marine sergeant) who's still working for a few more years. Judging from their tax-deferred account either he or his spouse is a teacher but I don't know the details. He's been having circulation problems in one of his feet so he spends many many hours a day in front of the computer reading about investments. He's also a lifelong numismatist and he has a lot of experience/tolerance in precious metals. He's one of the very few posters in the world who can be enthusiastic about precious metals without sounding like a gold bug. He's quite pragmatic about the sector and he readily warns people that it's a wild ride.

His trading style tends to be toward the "hyperactive bunny" end of the scale, but he's quite conservative with their core retirement portfolio and he only trades a small portion of it in a tax-deferred account. Even so he racks up 400-500 trades/year in mutual funds, ETFs, & individual stocks. He was an expert in datelining until mutual funds started clamping down on the practice. He's strictly a momentum trader who scales into his winners and rides them until they drop-- the perfect customer for Pony Express Bob.

Aside from Gary Smith ("How I Trade For A Living"), Rono is the only other guy I know who is actively trading himself to ER and who discusses his losses as well as his gains. He knows a lot and is happy to teach it to people, but his style is only for a small fraction of the trading population.
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