Search found 1446 matches

by tj
Wed Jul 01, 2015 12:15 am
Forum: Investing - Theory, News & General
Topic: Let’s Celebrate the Independent Adviser
Replies: 10
Views: 1316

Re: Let’s Celebrate the Independent Adviser

Robo advisors use only ETFs because their software can only handle exchange listed securities. They have difficulty incorporating mutual funds and ETF in the same portfolio because of differences in settlement. So, these firms exclude all mutual funds. Is this what a fiduciary would do? I'll let yo...
by tj
Tue Jun 30, 2015 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Too high Intra-Portfolio Correlation (IPC)?
Replies: 26
Views: 869

Re: Too high Intra-Portfolio Correlation (IPC)?

Usually heavy stock portfolios would have Long Term Treasuries rather than Long Term Corporates.
by tj
Tue Jun 30, 2015 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

Its a solid fund with a track record that no one can really touch. Drift concern is an over statement. Might want to consider one of the Lifestrategy funds like moderate growth that would come very close to this in style. I think those are completely different styles. A lot more international stock...
by tj
Tue Jun 30, 2015 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

[quote="tj] If it's not a concern, why would they limit new investors?[/quote] What limit are you referring to? The fund is not closed to new investors.[/quote] It's closed to new institutional investors (not available in 401k plans) and was closed to new individual investors not too long ago....
by tj
Tue Jun 30, 2015 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

How can you be concerned? What is the market cap of the Large Cap Value and upper Mid Cap Value stock indices? What is the total debt outstanding of corporate intermediate term bonds? You'll find that 90 billion is a drop in the bucket compared to the value of those indices that are it's benchmark....
by tj
Tue Jun 30, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt...
by tj
Tue Jun 30, 2015 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt...
by tj
Mon Jun 29, 2015 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 2890

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt ...
by tj
Mon Jun 29, 2015 7:00 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1130
Views: 534333

Re: The Three Fund Portfolio

Personal decision. We can't tell you what to do.
by tj
Sat Jun 27, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3126

Re: SS bennies

prudent wrote:
Lafder wrote:Why would it even be worth correcting a mistake in income from so many years ago?


Income from the mid-1980's would be multiplied around 2.6x to adjust for inflation.



And the OP later stated that the missing year is from the mid 70s, which is quite higher than 2.6x
by tj
Sat Jun 27, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3126

Re: SS bennies

Why would it even be worth correcting a mistake in income from so many years ago? I believe I also have a zero income year listed from the 80s that I feel is a mistake, but my income in the past decade is so much more I do not see how it would make a difference to change that zero from so long ago....
by tj
Wed Jun 24, 2015 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Leased Car Totaled - What Do I Owe?
Replies: 16
Views: 3284

Re: Leased Car Totaled - What Do I Owe?

In case anyone else ever had a similar issue - I wanted to post how it was resolved. I spoke with Hyundai directly, and after about 30 minutes of frustration, the representative said that I would be getting a check from them after my insurance company sends them the full fmv. It seems like it was j...
by tj
Tue Jun 23, 2015 10:16 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 390
Views: 45437

Re: Schwab Intelligent Portfolios [now live]

Oddly, I've already had a TLH event with Betterment. I opened the account in mid April, and Emerging Markets TLHed on 6/1 and Developed Markets on 6/8. I still have a bit more time before the fee kicks in to decide if I want to keep the account there.
by tj
Sun Jun 21, 2015 6:03 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 390
Views: 45437

Re: Schwab Intelligent Portfolios [now live]

The performance view was updated this week to show a benchmark. They also made a new blog post describing the "blended benchmark": With Schwab Intelligent Portfolios, your portfolio is broadly diversified across up to 20 asset classes, with allocations to stocks, fixed income, commodities...
by tj
Sun Jun 21, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16569

Re: Is it worth aspiring to get more?

How do you know you aren't getting yourself into an endless loop? That is, you work for 2 years, and 2 years later you are faced w/ the same problem? The "one more year" syndrome. There will always be a bigger house/nicer car to afford. Exactly right. And so one works another 2 years, and...
by tj
Sun Jun 21, 2015 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16569

Re: Is it worth aspiring to get more?

. have found myself in a fortunate and interesting position. Between SS, small pension and my portfolio I will most certainly live the rest of my life in a style that would be considered very comfortable to the vast majority of Americans. But I am still in my mid-50s ....... Well, no one else has s...
by tj
Sat Jun 20, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

Another robo-advisor article in the NYTimes, somewhat different from previous ones: http://www.nytimes.com/2015/06/20/your-money/the-computer-as-a-financial-planner.html And another about Fidelity vs Vanguard in the robo wars: http://www.investmentnews.com/article/20150619/FREE/150619891/its-vangua...
by tj
Fri Jun 19, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

The calculations were scary - it would be hundreds of thousands of dollars difference at the end. I eventually closed my account and moved everything to Vanguard. Hmm...0.15% of a $1,000,000 portfolio would be $1500 annually... You're not thinking long term. My average expense ratio at Vanguard is ...
by tj
Fri Jun 19, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup
Replies: 123
Views: 10417

Re: Prenup

Crimsontide wrote:
hoopy wrote:As such, I think they strengthen marriages.


Quote of the day. Nothing strengthens a marriage like planning a divorce :oops:


Except that it's not - it's making sure your on the same page about $$.

The ones who never talk about it are often the ones that get hosed.
by tj
Fri Jun 19, 2015 6:01 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

The calculations were scary - it would be hundreds of thousands of dollars difference at the end. I eventually closed my account and moved everything to Vanguard. Hmm...0.15% of a $1,000,000 portfolio would be $1500 annually... You're not thinking long term. My average expense ratio at Vanguard is ...
by tj
Fri Jun 19, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup
Replies: 123
Views: 10417

Re: Prenup

signed a contract to dictate what would happen to the equity if the relationship ended while we still owned the house.


Can you reveal the gist of it?
by tj
Fri Jun 19, 2015 1:02 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

I tend to think folks in suits and ties are super pretentious, but it's not going to stop me from investing in Vanguard. The fact that Betterment does nto use suits and ties is not going to inspire me to invest with them either.
by tj
Thu Jun 18, 2015 7:38 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

Betterment has pre-set portfolios. You can choose the stock/bond ratio, but that's it. You can't change the allocation of the subcategories.
by tj
Thu Jun 18, 2015 5:07 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

I guess I don't get the point of tax loss harvesting (TLH). Seems to me, it sentences you to a lifetime of paperwork. I understand tax-efficient investing. But TLH? So, maybe I invested $25 in Pier 1 (PIR) in 2013 (I didn't) and sold it today for $12. And, I have 300 other lots of PIR I have bought...
by tj
Thu Jun 18, 2015 10:19 am
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 79
Views: 6494

Re: Betterment Review

Mel Lindauer wrote:Vanguard's new Personal Advisory Service is much cheaper. Have you looked at that?



Um...no its not. vanguard pAS is 30 bps. Betterment is 25bps, or 15bps if you have more assets there. Not saying that Betterment is superior, but it's not more expensive than Vanguard PAS.
by tj
Wed Jun 17, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup
Replies: 123
Views: 10417

Re: Prenup

If they both have debt and no assets, I don't understand why a prenum would be helpful. Let me help you with that. Let's say they are both working and making similar incomes and one of the spouses decides to stop working soon after getting married. Fast forward 10 - 20 years and he or she decides t...
by tj
Wed Jun 17, 2015 1:54 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 13522

Re: Gifting Money at Parties

Many guests not only want to attend a wedding, but also want to give a gift. For folks who state "No gifts", I think you should help your guests feel better and let them give gifts. Even if a late-model couple have everything they need, guests may still want to gift a symbol of their frie...
by tj
Wed Jun 17, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 13522

Re: Gifting Money at Parties

While I agree that throwing a wedding to solicit gifts is nauseating, expecting to mooch off the wedding couple, have a great night at their expense, and not throw them back a small percentage of that in return is equally nauseating as to the state of etiquette in this country What are you talking ...
by tj
Wed Jun 17, 2015 12:31 pm
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 7657

Re: Retirement areas, not Florida

t's very warm today and the AC is on at home (not an all-the-time occurrence at 3,000 ft) but I just cycled back up the hill from downtown and - while sweaty - did not expire.


If you expired, I don't think you would be able to tell us about it. ;-)
by tj
Wed Jun 17, 2015 11:40 am
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 13522

Re: Gifting Money at Parties

The question in this thread is what the general populace "expects" or thinks is appropriate. Which, I think is different from my own personal opinion, and the opinion of many on this board. I think that the majority of the weddings I go to have the expectation of something along the lines...
by tj
Tue Jun 16, 2015 10:27 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 13522

Re: Gifting Money at Parties

I've never been to a wedding as an adult, but it's uneblievable to me that those getting married would expect the guests to subsidize their wedding. I always assume that if I'm invited somewhere, it's because they want me to be there, not os that I can throw some cash their way. Almost every party I...
by tj
Tue Jun 16, 2015 7:09 pm
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 7657

Re: Retirement areas, not Florida

Maybe I'm spoiled as a lifelong California resident, but when I've gone to Florida for spring trianing in March, I thought the heat and humidity was brutal. I can't imagine summer there....
by tj
Tue Jun 16, 2015 5:24 pm
Forum: Personal Consumer Issues
Topic: [Purchasing a] hearing aid
Replies: 32
Views: 4345

Re: hearing aid

Here's a sort of fun/sort of depressing frequency hearing test ... http://www.audiocheck.net/audiotests_frequencycheckhigh.php (press play on the "test file") I'm down to 13k @ 57yo which I think is not too bad judging from peers. That sounds pretty good to me. I'm somewhere between 17k a...
by tj
Mon Jun 15, 2015 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Transfer of wealth to kids
Replies: 87
Views: 10338

Re: Transfer of wealth to kids

It's $5M per person, right? So my wife and I could give each of our 3 sons $5M each for a total of $30M? If they were married, could we give each of their spouses the same for a total of $60M? if you have this kind of money, i don't think you should be asking on Bogleheads. What a truly ignorant co...
by tj
Sun Jun 14, 2015 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Chase bonus. Why?
Replies: 21
Views: 3211

Re: Chase bonus. Why?

Aren't those higher "value" credit card opening bonuses usually in the form of frequent flyer miles. I fly very rarely, and I have never managed to redeem any frequent flyer miles for anything of value even once in my entire life. Frequent flyer miles are as useful as Zimbabwe dollars to ...
by tj
Sun Jun 14, 2015 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase bonus. Why?
Replies: 21
Views: 3211

Re: Chase bonus. Why?

You could get up to $2,500 from Fidelity if you opened an account with them right now. I frequently rotate money from place to place to get the bonus. Apparently this is if you move a $1M account, so you get a 0.25% boost to your balance. But this is another one to ask, "what's in it for them&...
by tj
Sun Jun 14, 2015 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Use of Vanguard Wellington
Replies: 7
Views: 1288

Re: Use of Vanguard Wellington

If it's in an IRA, it's a great choice. In a taxabale account, it probably depends on your marginal tax bracket. It has a bit of tax drag. Maybe that doesn't matter to you, but it seems like you'd come ahead with a mix of index funds in that scenario. I use Wellington in my iRA and a combination of ...
by tj
Sat Jun 13, 2015 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Chase bonus. Why?
Replies: 21
Views: 3211

Re: Chase bonus. Why?

I've done the Chase checking account bonus for like the past five years straight. Easy $. They don't care. They can see all your old accounts when you open up the new one. The banker who opened my account probably got an incentive for opening it up. The terms of hte offer are to keep it open for six...
by tj
Sat Jun 13, 2015 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's car is having issues and under water :-/
Replies: 98
Views: 10460

Re: Wife's car is having issues and under water :-/

)Just to say a word about VW's. Having owned one until I crashed it plus looking at family experience and friends. IF you keep up with the maintenance (and that's more than just regular oil changes), Please elaborate. my sister just bought a Passat. I can't imagine she's expecting to need to do any...
by tj
Fri Jun 12, 2015 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6118

Re: Long term care insurance - Less than meets the eye

In most cases, sadly it gives only the illusion of reducing financial uncertainty in your life. After looking closely at the very narrow window of breaking even on one of these policies when purchased at 50, the numbers simply didn't at all add up. Too many exclusions, low daily rates, and low caps...
by tj
Fri Jun 12, 2015 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2012

Re: Salary Help (Customer Service Lead)

I think you are optimistic if you thnik i would be more than $60k. Especially if you are currently working in a completely different industry.
by tj
Thu Jun 11, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move out of my family's home?
Replies: 55
Views: 5156

Re: Should I move out of my family's home?

If my parents would have let me stay at home longer, then I certainly would have. I don't understand the social stigma that some people have with it. Why waste away $$$ on rent if your parents do not plan on downsizing and keep paying for the extra space anyway? The lack of multigenerational living ...
by tj
Tue Jun 09, 2015 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 26
Views: 2445

Re: Sell my condo or rent it out?

tj wrote:
Carefreeap wrote:I'm still waiting to hear from my CPA source.

They seem to all go on vacation after 4/15. :wink:



Looking forward to the information.


No luck?
by tj
Tue Jun 09, 2015 3:47 pm
Forum: Personal Consumer Issues
Topic: Toyota care plus prepaid maintenance
Replies: 10
Views: 1094

Re: Toyota care plus prepaid maintenance

That doesn't sound like much savings at all - even at dealer prices.
by tj
Tue Jun 09, 2015 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Index vs. Tax-Managed International
Replies: 10
Views: 1890

Re: Vanguard International Index vs. Tax-Managed International

The information is also outdated in that fund-of-funds are eligible for the foreign tax credit.


You can invest in the Target Retirement Date or LifeStrategy funds and still get the foreign tax credit.
by tj
Mon Jun 08, 2015 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: close friend found out how much I have - bad outcome
Replies: 92
Views: 9385

Re: close friend found out how much I have - bad outcome

How do these people just 'not work' and get social services? Don't they have to at least attempt to find work? This bothers me. Could I just quit my job and get these services? Just wondering how this all works. :shock: State-specific, but a lot have asset tests. You can't just quit and get freebie...
by tj
Mon Jun 08, 2015 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Wife's car is having issues and under water :-/
Replies: 98
Views: 10460

Re: Wife's car is having issues and under water :-/

Is it no longer under warranty? 2010 is a pretty recent car...
by tj
Sun Jun 07, 2015 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: What Percent Of Your Annual Expenses Are Property Taxes?
Replies: 101
Views: 6111

Re: What Percent Of Your Annual Expenses Are Property Taxes?

0% - I rent my primary residence.
by tj
Sun Jun 07, 2015 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer of wealth to kids
Replies: 87
Views: 10338

Re: Transfer of wealth to kids

It's $5M per person, right? So my wife and I could give each of our 3 sons $5M each for a total of $30M? If they were married, could we give each of their spouses the same for a total of $60M? if you have this kind of money, i don't think you should be asking on Bogleheads. What a truly ignorant co...
by tj
Sun Jun 07, 2015 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Economic Outpatient Care for a Boglehead
Replies: 70
Views: 4594

Re: Inheritance and Economic Outpatient Care for a Boglehead

I am curious to understand approximately how big or small are the components of inheritance and economic outpatient care for a Boglehead. Please do the following for me: 1. Add all your inheritance money you have received throughout your life (inheritance) 2. Add all your economic outpatient care (...

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