Search found 467 matches

by jay22
Sat Jul 11, 2015 11:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sacramento, CA Area Chapter - Master Thread
Replies: 15
Views: 2937

Re: Sacramento, CA Area Chapter - Master Thread

Great meeting today! Enjoyed the discussions, and the company of everyone who came. Looking forward to the next one already!
by jay22
Thu Jul 09, 2015 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage - 30 year or 15 year?
Replies: 56
Views: 4891

Re: Mortgage - 30 year or 15 year?

You can make higher payments on a 30 year at your discretion and they will reduce the length of time you need to pay. If you make lower payments on a 15 year the bank will get very testy. If you want flexibility go for the longer term. +1 We stuck with the 30 year products which gave us piece of mi...
by jay22
Wed Jun 24, 2015 8:07 am
Forum: Investing - Theory, News & General
Topic: Small Cap Index - What % of equities?
Replies: 74
Views: 7444

Re: Small Cap Index - What % of equities?

I say go big or go home if you're going to tilt make it worthwhile. Also consider tilting to value and/or small value 25% VTI 25% VXUS 25% VBR 25% VSS - - - Value Blend Growth Large - -13 - 13 -12 Medium 13 - 11 - 9 Small -- 14 - 10 - 5 http://portfolio.morningstar.com/Rtport/Free/InstantXRayDEntry...
by jay22
Tue Jun 23, 2015 10:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Market Index Fund (VTSAX)
Replies: 16
Views: 4491

Re: Vanguard Total Stock Market Index Fund (VTSAX)

For consideration... Retirement expert Paul Merriman does not believe Total Stock Market Fund (VTSAX) is the best fund in the Vanguard's fleet. In this article, Merriman explains what VTSAX is lacking... "To add a meaningful boost to the S&P 500, an index needs value stocks. The best data ...
by jay22
Tue Jun 23, 2015 3:31 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Index - What % of equities?
Replies: 74
Views: 7444

Re: Small Cap Index - What % of equities?

Sometimes we do things because "theory" tells us how things should work in the long run, e.g., with respect to the risk premium for smallcap. Sometimes we do things because "experience" tells us how things have tended to work, e.g., with respect to the outperformance of smallcap...
by jay22
Tue Jun 23, 2015 1:34 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 23828

Re: What was the 2008 crash like in real time?

I cannot thank people who have posted their experiences on this forum about how they behaved in 2008 enough. It has been an education for me, hopefully I will be able to stay the course when the next crash (my 1st!) arrives.
by jay22
Tue Jun 23, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: Small Cap Index - What % of equities?
Replies: 74
Views: 7444

Re: Small Cap Index - What % of equities?

I think if you do it, it has to be at least 20-40% to see substantial benefits. Anything less than that won't matter much in a long term period, and would not be worth it to invest your time and effort in it.
by jay22
Tue Jun 16, 2015 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 50225

Re: Share your networth progression

2007 (age 30) - 12k (salary- 42k) 2010 (age 33) 20k (salary bumped to 190k) 2015 (age 38) 700k (salary ~ 190k) Married. Single income. 2 kids, one in preschool and the other in private school (approx 14k/yr for both). Renting. No debt except for auto loan Over the past 5 years, we have saved ~ 90k/...
by jay22
Mon Jun 15, 2015 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bear Market strategies, if any
Replies: 61
Views: 6886

Re: Bear Market strategies, if any

Taylor, thanks for posting this. Your post is quite enlightening for someone like me who has never been in a bear market and can only imagine as to how I'd react when I face one. I am sure it will test my resolve. Hopefully, I'll be able to stay the course and pray hard that it will all work out in ...
by jay22
Mon Jun 15, 2015 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Bear Market strategies, if any
Replies: 61
Views: 6886

Re: Stay the Course

Bear Market strategies, if any? canbonbon: I have lived through 11 bear markets (a 20% decline in the stock market). My "Bear Market" strategy is the same as my "Bull Market" strategy -- Stay the Course. " Stay the Course . No matter what happens, stick to your program. I'v...
by jay22
Wed Jun 03, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: why do some people like Fidelity?
Replies: 92
Views: 11392

Re: why do some people like Fidelity?

When I started investing in 2012, I looked at both VG and Fidelity to open an account. Fidelity website is way better than VG, but has a LOT of unwanted information which can be a distraction from what you are trying to do. I knew I am not going to own 10+ funds, so this research does not help me in...
by jay22
Sat May 30, 2015 5:03 pm
Forum: Investing - Theory, News & General
Topic: "Are You Devoting Too Much Time (and Money) to Niche Asset Classes?"
Replies: 61
Views: 5708

Re: "Are You Devoting Too Much Time (and Money) to Niche Asset Classes?"

Does this means that 10-20% tilt to REITs/SCVs does not work, and now we can finally end that debate on this forum? ;)
by jay22
Thu May 28, 2015 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA to Roth conversion
Replies: 5
Views: 543

Re: Traditional IRA to Roth conversion

jebmke, I did file the form 8606 with my returns, so I am good on that. If the IRS treats all contributions as one account, can I do conversion only for a certain dollar amount every year? Would that be a better way to do it, then? Thanks. Yes, you can do it in parts. Whether that is optimal depend...
by jay22
Thu May 28, 2015 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA to Roth conversion
Replies: 5
Views: 543

Re: Traditional IRA to Roth conversion

jebmke, I did file the form 8606 with my returns, so I am good on that.

If the IRS treats all contributions as one account, can I do conversion only for a certain dollar amount every year? Would that be a better way to do it, then? Thanks.
by jay22
Thu May 28, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA to Roth conversion
Replies: 5
Views: 543

Traditional IRA to Roth conversion

This is something that I have been procrastinating for long this year and wanted to get it done. Please advise on how to approach the following: Last year, I contributed to a Traditional IRA account since I did not have a 401(k) at my last job. Then, in August, I changed jobs and started contributin...
by jay22
Mon May 25, 2015 12:16 pm
Forum: Investing - Theory, News & General
Topic: "Does Your Fund Manager Consistently Beat the Stock Market?"
Replies: 42
Views: 3762

Re: "Does Your Fund Manager Consistently Beat the Stock Market?"

Of course there is another way of looking at this.... Someone who invested $10k in 1975 would have today (I chose 1975 since that person would probably retire about now): FMAGX = $4.80M S&P 500 = $1.04M So despite the lackluster performance lately, over the long run it still looks pretty good. ...
by jay22
Fri May 22, 2015 1:15 pm
Forum: Investing - Theory, News & General
Topic: Too late to invest in Health Care Fund?
Replies: 56
Views: 5206

Re: Too late to invest in Health Care Fund?

You might want to look into IBB as well - maybe split it between VG HC Fund, and IBB?
by jay22
Sun May 17, 2015 9:53 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 56
Views: 4849

Re: Emerging Markets: Yes or No?

Gale wrote:Burton G. Malkiel view on Emerging Markets:

https://blog.wealthfront.com/emerging-markets/

Thanks for posting this. I think this blog post clears up a lot of misconceptions.

Is Malkiel related to Wealthfront in any way?
by jay22
Sun May 17, 2015 10:22 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 56
Views: 4849

Re: Emerging Markets: Yes or No?

Interesting discussion. My 30% International allocation is divided as: FSIVX (35%) and VGTSX (65%). So I am clearly under-weighted on EMs. I guess I will just start allocating future money to EM Index to get it up to market cap. Let's' do the math. 1. VGTSX is not underweighted in EM at all, so it ...
by jay22
Sun May 17, 2015 9:48 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 56
Views: 4849

Re: Emerging Markets: Yes or No?

Interesting discussion. My 30% International allocation is divided as: FSIVX (35%) and VGTSX (65%). So I am clearly under-weighted on EMs. I guess I will just start allocating future money to EM Index to get it up to market cap.
by jay22
Sat May 16, 2015 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Differences among Vanguard International funds?
Replies: 10
Views: 3355

Re: Differences among Vanguard International funds?

Livesoft, thanks for posting this. Right now, all my international allocation is in VG TISM and FSIVX. So, I have really small emerging market exposure. I would want to divide it into Developed & Emerging now. Do you think 50% developed and 50% emerging the right approach to take? No, I think t...
by jay22
Sat May 16, 2015 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Differences among Vanguard International funds?
Replies: 10
Views: 3355

Re: Differences among Vanguard International funds?

Livesoft, thanks for posting this. Right now, all my international allocation is in VG TISM and FSIVX. So, I have really small emerging market exposure. I would want to divide it into Developed & Emerging now. Do you think 50% developed and 50% emerging the right approach to take?
by jay22
Sat May 16, 2015 9:07 am
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 2210

Re: International Small Cap

Right now, all my international allocation is in FSIVX and VGTSX, but I want to further divide it into Emerging & Developed as well. Not sure how I feel about the tilt/allocation to small, though. Which funds would you recommend to divide VGTSX into Emerging+Developed? The chart in this thread ...
by jay22
Fri May 15, 2015 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 2210

Re: International Small Cap

Interesting discussion. Does it make more sense to divide your international allocation as Developed+Emerging markets, or Foreign Large+Foreign Small? Good question. I look at Emerging Markets as a separate entity from Large vs Small . The bulk of my international allocation in FSIVX, Fidelity's lo...
by jay22
Fri May 15, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 2210

Re: International Small Cap

One thing to consider is that international small cap is the one type of fund where active beats index slightly more than half the time over 1, 3, and 5 year periods even though international small caps tend to have some of the highest costs. See page 11 here: http://www.spindices.com/documents/spi...
by jay22
Fri May 15, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 2210

Re: International Small Cap

Interesting discussion.

Does it make more sense to divide your international allocation as Developed+Emerging markets, or Foreign Large+Foreign Small?
by jay22
Fri May 15, 2015 1:20 pm
Forum: Investing - Theory, News & General
Topic: Too late to invest in Health Care Fund?
Replies: 56
Views: 5206

Re: Too late to invest in Health Care Fund?

I'm considering buying the Health Care Fund ( VGHCX ) to diversify a bit, but after looking at the trend, it's sky high right now and I feel like it's very unstable right now, the bubble is about to burst soon. But at the same time, I don't want to be accused of being a market timer. Health care is...
by jay22
Fri May 15, 2015 11:14 am
Forum: Investing - Theory, News & General
Topic: Too late to invest in Health Care Fund?
Replies: 56
Views: 5206

Re: Too late to invest in Health Care Fund?

I'm considering buying the Health Care Fund ( VGHCX ) to diversify a bit, but after looking at the trend, it's sky high right now and I feel like it's very unstable right now, the bubble is about to burst soon. But at the same time, I don't want to be accused of being a market timer. Health care is...
by jay22
Fri May 15, 2015 10:41 am
Forum: Investing - Theory, News & General
Topic: Too late to invest in Health Care Fund?
Replies: 56
Views: 5206

Re: Too late to invest in Health Care Fund?

I decided to put 5% of my portfolio in this fund last month for a long term horizon. I am not sure why you'd say it is too late to invest in this fund. I do not know whether this move will pay off or not, but I am willing to make a bet on this fund based on the excellent management, superior returns...
by jay22
Mon May 11, 2015 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 50225

Re: Share your networth progression

I've only tracked since 1/2007. I can guess a starting number of $0 in 1993 when I was one year out of college and just drained my savings to pay off student loans. January 1993 $0 ... 2007 $250,538 2008 $315,649 2009 $351,306 2010 $585,688 2011 $670,171 2012 $781,338 2013 $1,031,978 2014 $1,307,84...
by jay22
Thu May 07, 2015 3:57 pm
Forum: Investing - Theory, News & General
Topic: A Yale Portfolio Slice 'n Dice Question
Replies: 34
Views: 2339

Re: A Yale Portfolio Slice 'n Dice Question

Thanks for posting this. So they have only 5% bonds and 13% International Equity? That seems pretty low to me.
by jay22
Thu May 07, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: A Yale Portfolio Slice 'n Dice Question
Replies: 34
Views: 2339

Re: A Yale Portfolio Slice 'n Dice Question

Just to be clear, the portfolio being discussed is not the Yale Endowment portfolio--it's what David Swensen (who manages Yale's portfolio) recommended for "regular" investors in his 2005 book Unconventional Success . Yale's actual portfolio looks nothing like this. Yep, this text from th...
by jay22
Tue May 05, 2015 5:38 pm
Forum: Investing - Theory, News & General
Topic: Best Time of Year to Rebalance Portfolio?
Replies: 54
Views: 4614

Re: Best Time of Year to Rebalance Portfolio?

I re-balance when I add new money to my portfolio. I also have a benchmark to re-balance it when it goes +/- 5% of the desired allocation. Since I started investing, I haven't had a need to use the 2nd method, so I only do when I make monthly/bi-monthly contributions.
by jay22
Sun May 03, 2015 1:48 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1158
Views: 552729

Re: Why International ?

Taylor, do you agree with Mr. Bogle when he says that most investors need not diversify to international equities? In other words, do you personally think that a Two Fund Portfolio (TSM + TBM) is better than Three Fund Portfolio (TSM + TISM + TBM)? Jay: I added Total International to The Three Fund...
by jay22
Sun May 03, 2015 1:45 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1158
Views: 552729

Re: The Three Fund Portfolio

Hi jay22, You may be interested to read the thread I recently started asking almost that exact same question. It was very enlightening thanks to the help of fellow Bogleheads: How important is an international allocation? If you are specifically interested in Taylor's thoughts on the matter, I'd en...
by jay22
Sun May 03, 2015 11:51 am
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1158
Views: 552729

Re: The Three Fund Portfolio

Taylor, do you agree with Mr. Bogle when he says that most investors need not diversify to international equities? In other words, do you personally think that a Two Fund Portfolio (TSM + TBM) is better than Three Fund Portfolio (TSM + TISM + TBM)?
by jay22
Sun May 03, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 100
Views: 16529

Re: A Returns Spreadsheet for Bogleheads

Best spreadsheet ever. I maintain a couple of spreadsheets for investment purposes, but they are no where near as sophisticated as this one. Cannot thank you enough for putting the effort and creating this. :sharebeer
by jay22
Mon Apr 27, 2015 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: How do you do it in practice?
Replies: 40
Views: 2997

Re: Tax Loss Harvesting: How do you do it in practice?

I have two metrics: ⋅ If it's making the news that the markets are crashing, look to see if it's worth it. ⋅ Never close the tax year with a down position -- no matter how small, sell anything that's a loss in the last week of December. Could you eloborate on the 2nd point? If i...
by jay22
Sun Apr 26, 2015 9:40 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 880
Views: 157358

Re: What Book Are You Currently Reading? Part VI

I just finished All the Light We Cannot See , which is the best fiction book I have read in years. I can 2nd this. Really a good one. I know two other people who have read it and agree it is one of the best books they have ever read. This book is a masterpiece. Great story and well-written. Just fi...
by jay22
Sun Apr 26, 2015 9:03 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 351
Views: 151620

Re: TV show recommendations?

abuss368 wrote:I am thinking about watching The West Wing on Netflix. Anyone recommend?

You'd love it if you liked House of Cards.
by jay22
Sun Apr 26, 2015 9:01 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 351
Views: 151620

Re: TV show recommendations?

Watching The Wire again these days.

Unarguably the greatest TV series ever to be produced. Top class stuff.
by jay22
Thu Apr 23, 2015 8:19 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 410
Views: 67523

Re: Rick Ferri looking to internationalize his portfolio

Rick Ferri wrote:
jay22 wrote:
abuss368 wrote:Total International is outperforming Total Stock this year!

That would explain Rick's strategy above. ;-)


Ha! I published my thoughts on January 1, 2015. So there! :D

Rick Ferri

I guess I should call you a market predictor, rather than a market timer then. :D
by jay22
Wed Apr 22, 2015 6:08 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 410
Views: 67523

Re: Rick Ferri looking to internationalize his portfolio

abuss368 wrote:Total International is outperforming Total Stock this year!

That would explain Rick's strategy above. ;-)
by jay22
Wed Apr 22, 2015 11:32 am
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 410
Views: 67523

Re: Rick Ferri looking to internationalize his portfolio

he predicts all this amazing stuff about international equities in the blog (none of which has come true so far), It hasn't? International is not outperforming this year? I must have missed something. Please fill me in. FWIW, as I stated in the blog, I plan to increase my allocation to internationa...
by jay22
Tue Apr 21, 2015 11:46 am
Forum: Investing - Theory, News & General
Topic: Great little interview with John Bogle
Replies: 23
Views: 2396

Re: Great little interview with John Bogle

On one hand Bogle says we do not need any international funds. On the other hand, VG is increasing its International allocation in the TR funds.

I wonder why there is such a disconnect between the two.
by jay22
Sat Apr 18, 2015 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Help Evaluating Federal Job Offer
Replies: 28
Views: 3032

Re: Help Evaluating Federal Job Offer

OP, you're getting a 15% increase working for the Feds and you are debating whether to take it or not? Take it before they hire someone else!! I tried to find a state job in IT when I moved to CA, most state jobs here do not pay well though. Even with the amazing benefits, I'd take a 25% pay cut if ...
by jay22
Sat Apr 18, 2015 4:44 pm
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 25
Views: 3260

Re: NY Times Article - Active Mutual Funds

For me, the difference between active fund investing and passive investing is not that active funds often or half-the-time do worse than some benchmark, it is picking the right fund. There have been some great active funds (such as Fidelity's Contra fund), but it is still far easier to pick an inde...
by jay22
Fri Apr 17, 2015 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio is a mess. Please help me sort it out.
Replies: 20
Views: 2342

Re: My Portfolio is a mess. Please help me sort it out.

I do not understand why you would want to do and 2.4% and 10.4% bonds per Personal Capital. Those seem pretty odd %ages to me.
by jay22
Fri Apr 17, 2015 4:36 pm
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 25
Views: 3260

Re: NY Times Article - Active Mutual Funds

If you want to pick active funds, at least pick something at Vanguard where they are low cost and have a history of great performance with managers who have proven track records. Except that U.S. Growth, the high flyer in the 90's, became a real dog. RM Yeah, not every active fund VG starts is goin...
by jay22
Fri Apr 17, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 25
Views: 3260

Re: NY Times Article - Active Mutual Funds

If you want to pick active funds, at least pick something at Vanguard where they are low cost and have a history of great performance with managers who have proven track records.

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