Search found 232 matches

by Copernicus
Wed Dec 28, 2016 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 608

Re: Wrong focus

So, focusing on total return , the question is which option. I had thought that for bonds, there might be a way to model the two options assuming certain rate change schedule. Copernicus: Two thoughts: 1. Bonds are not for "total return." Add more stocks for "total return." Bond...
by Copernicus
Tue Dec 27, 2016 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 608

Re: Buy Fixed Income - Buy All in One Step or Gradually??

Copernicus: Don't overthink this. I doubt if you even know your best bond allocation within 10%. I don't. The sooner you get to your desired asset allocation the better. In other words, do it now. *Exception: If you are selling stocks with capital gains in a taxable account, wait until January to p...
by Copernicus
Tue Dec 27, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 608

Buy Fixed Income - Buy All in One Step or Gradually??

This is a subtopic from another post (ref. below). According to my IPS, it is time for me to raise my fixed income allocation by 10%. I have freed up the funds needed for the AA shift. This is a big move for me. For investing in stocks, there are two schools of thought: go all in or DCA. But what ab...
by Copernicus
Tue Dec 27, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 859

Re: Asset Allocation Shift and Asset Relocation

brad.clarkston wrote:VSS has always confused me. It's listed as a small-cap that's really a mid-cap verses something like VBR that's a true small-cap.

Ya. My guess is, that is about the best VG can do reaching down to perhaps lower volume small cap in the international market.
by Copernicus
Tue Dec 27, 2016 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 859

Re: Asset Allocation Shift and Asset Relocation

My 2 cents, feel free to disregard if I missed something. - I am going to put all index ETFs needed for future rebalancing in IRA, including bonds; but large portion of bond holdings in taxable. This will reduce tax impact when rebalancing. Bit confused here - this seems counterintuitive - ETFs are...
by Copernicus
Mon Dec 26, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 8363

Re: How to get rid of your belly........

I think that having extra weight makes exercising a bit difficult, and the focus stays on having extra weight, instead of having a positive state of mind. People think of aggressive dieting/exercising as a sign of positive mindset, but I think its just ego, which will always defeat us. I suggest a s...
by Copernicus
Mon Dec 26, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 859

Asset Allocation Shift and Asset Relocation

Goals: - According to my IPS, I am now shifting my AA from 60:40 to 50:50 (combined both spouses). - Incoming new money will not be sufficient for substantial rebalancing. Additionally, the current asset locations are clumsy, and potential tax impact makes rebalanicng impossible. Hence, asset reloca...
by Copernicus
Sat Dec 17, 2016 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 11469

Re: Good News For Bonds!

Hi Copernicus. I enjoyed your book . At this spot, but only this one, I'm going to quote you out of sequence: ... Correct? I think you grasp the basic dynamics, but I'd like to state them more precisely. I'll quote you bit by bit, not leaving anything out, and I'm not arguing with you. I'm just emb...
by Copernicus
Thu Dec 15, 2016 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 23
Views: 1243

Re: VG ETFs vs SCHWAB ETFs

If I had an account at Schwab and I did not have an account at Vanguard, and if SCHB were available at zero commission and VTI cost me something, I'd do a quick reality check on the growth charts to verify what I assume--that the two are basically interchangeable--let's go look. I have to plot a mu...
by Copernicus
Thu Dec 15, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 11469

Re: Bonds are for Safety

Bogleheads: We tend to concentrate on bond returns . This is not what bonds are for. Bonds are primarily to reduce the loss in our portfolio when stocks plunge. Use stocks for higher expected returns. Best wishes and Happy Holiday! Taylor Taylor, Thank you. I have read your reminder of this fact in...
by Copernicus
Thu Dec 15, 2016 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 11469

Re: Good News For Bonds!

... As I understand it, if you hold your bond fund longer than the fund's duration, you should actually start to see a benefit from the higher rates. That's true in a simplified world, because it only refers to one yield change at one point in time, but it's good as a conceptual guide. In reality y...
by Copernicus
Tue Dec 13, 2016 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 23
Views: 1243

Re: VG ETFs vs SCHWAB ETFs

All replies are very helpful!
nisiprius and livesoft, Thanks for sharing the step-wise, logical thought process!
by Copernicus
Tue Dec 13, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 23
Views: 1243

VG ETFs vs SCHWAB ETFs

I have both VG and Schwab accounts. I find that Schwab ETFs are comparable to, and much less expensive than VG ETFs. I plan to use Schwab ETFs in my Schwab account. Am I missing anything? Examples: VOO = SCHX ...............NO OF HOLDINGS 514, 744.................EXP 0.05%, .0.03%..........YIELD ..2...
by Copernicus
Fri Dec 09, 2016 12:30 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 8776

Re: Explain why Rebalancing isn't Market Timing?

HomerJ wrote:Reacting to what has already happened is rebalancing.

Market-timing is making changes based on what you THINK will happen in the future.



+ 1
by Copernicus
Tue Dec 06, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Dilemma
Replies: 30
Views: 3881

Re: RMD Dilemma

Bogle0048, I read your post with interest as I am also considering these things myself. Perhaps, it is not possible for you to explain this but Sorry, somehow, the numbers did not make sense to me because of these statements: My wife and I are in a similar circumstance, though not with as much as th...
by Copernicus
Fri Dec 02, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Life-changing event just happened. Seeking portfolio review and guidance
Replies: 35
Views: 2759

Re: Life-changing event just happened. Seeking portfolio review and guidance

Sorry to read about the situation. Excellent suggestions related to finances have already been given. I would suggest paying off the credit card balance as soon as practical. Using average longevity in years, it is usually easy to compare scenarios for lump sum vs each annuity option and spousal ben...
by Copernicus
Thu Dec 01, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What level of wealth will get the attention of an estate attorney?
Replies: 39
Views: 5948

Re: What level of wealth will get the attention of an estate attorney?

Guorami, I do not understand why net worth is of any consequence in drafting a document, which has no mention of the size of the estate. It may be of consequence when implementing the directions of the document, i.e., after the estate is inherited. In California, you can have trust written by an att...
by Copernicus
Thu Dec 01, 2016 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Move all equities to taxable?
Replies: 5
Views: 770

Re: Move all equities to taxable?

65k in taxable versus 100k in tax deferred gives you about the same weighting. In that case stocks in tax deferred will tend to outperform (no tax drag is more important than TLH benefits) Do you actually adjust the asset allocation weights in portfolio to account for tax impact when a position wou...
by Copernicus
Sat Nov 26, 2016 8:56 am
Forum: Investing - Help with Personal Investments
Topic: High yield corporate (VWEAX) vs REIT (VNQ)
Replies: 6
Views: 937

Re: High yield corporate (VWEAX) vs REIT (VNQ)

I don't think it makes any sense to invest in a REIT fund unless one is going to sell some shares after it exceeds one's upper range rebalancing trigger point and also buy some shares after it drops below one's lower range rebalancing trigger point. Also, I really don't care about accumulating divi...
by Copernicus
Sat Nov 26, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 66
Views: 7418

Re: Rebalancing bands revisited, a proposal

With all else equal, your ability to take risk is less when older, .... I would assert that one's ability to take risk is at a minimum plus-or-minus a few years around their retirement day. Others have suggested something similar. As one gets older, the number of years that a portfolio needs to las...
by Copernicus
Fri Nov 25, 2016 12:38 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 66
Views: 7418

Re: Rebalancing bands revisited, a proposal

I went through almost all the posts. Excellent information. However, I would say that people should not, perhaps naively, apply a fixed guideline like 5/25 to different size portfolios. It makes sense that whether one has a total portfolio of $ 10000 or $ 10 million, 5% is 5%. But actually, it is no...
by Copernicus
Thu Nov 24, 2016 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: High yield corporate (VWEAX) vs REIT (VNQ)
Replies: 6
Views: 937

High yield corporate (VWEAX) vs REIT (VNQ)

http://quotes.morningstar.com/chart/fund/chart.action?t=VWEAX&region=usa&culture=en-US http://quotes.morningstar.com/chart/etf/chart.action?t=VNQ&region=usa&culture=en-US&productcode=COM VWEAX has much lower volatility than VNQ. Yields: VWEAX 5.71%, VNQ: 3.72% I have some money ...
by Copernicus
Wed Nov 23, 2016 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Joint accounts with kids
Replies: 34
Views: 2765

Re: Joint accounts with kids

BTW, what does it men when this appears below the reply: " This signature message sponsored by sscritic: Learn to fish."? Refers to a well respected, missed and extremely knowledgable former forum poster, one motto was "learn to fish". Instead of relying on others to do for you,...
by Copernicus
Wed Nov 23, 2016 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Joint accounts with kids
Replies: 34
Views: 2765

Re: Joint accounts with kids

delamer wrote:Copernicus -- What about an IRA invested in a Target Retirement fund? That way you aren't a joint holder on the account, but are getting them started on the Boglehead path.


delamer, that is a good idea. I do not know the answer to this: Can I transfer money into an IRA account in my kid's name?
by Copernicus
Tue Nov 22, 2016 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Joint accounts with kids
Replies: 34
Views: 2765

Re: Joint accounts with kids

I would NOT do this. I always dreaded that my spouse was named on some unknown joint account with her mother. Maybe her mom didn't pay taxes on the dividends or something. Either person on the joint account exposes the other person to collections and liabilities. For instance, if my spouse went ban...
by Copernicus
Tue Nov 22, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Joint accounts with kids
Replies: 34
Views: 2765

Joint accounts with kids

I have tried to expose our grown up kids to the Bogleheads philosophy, but the inducement has not worked well. Considering whether it is ok to open a separate joint account with each kid. What things to consider? - Kids are not extravagant, and I trust that they will use money only when really neede...
by Copernicus
Mon Nov 21, 2016 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: TLH CA Bond Funds?
Replies: 38
Views: 2440

Re: TLH CA Bond Funds?

As a general rule, I believe that the NAV adjusts in proportion, so in theory, it does not impact my total proceeds. So, I do not consider that. If I sell on a 'bad day', or on a 'good day' for the trade, I may get different amounts for the trade............ I hope others comment on this with helpfu...
by Copernicus
Mon Nov 21, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: TLH CA Bond Funds?
Replies: 38
Views: 2440

Re: TLH CA Bond Funds?

I am considering doing the same thing. I will move the money into short term bond fund BSV or short term treasuries fund, and reinvest in the same funds next year in 3-4 portions to accommodate potential rate increases.
by Copernicus
Mon Nov 21, 2016 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: House Proceeds
Replies: 4
Views: 557

Re: House Proceeds

If you have taken a big mortgage, and are relatively young, seems to me that you would not be looking to take money out of the market any time soon, not for 5-10 years. In that case, I would suggest investing it all in 75/25 AA. If you are uncomfortable putting it all in in one go, put in four equal...
by Copernicus
Wed Nov 09, 2016 5:55 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Index
Replies: 15
Views: 2782

Re: Total Bond Index

We don't. We have a large holding of of VCADX (CA Muni's) in the taxable account. Works for us. Our tax rate is too high and too much of our portfolio is taxable - (happy problems to have) - to hold taxable bonds in taxable accounts. I am also using state and national muni bond funds in my taxable ...
by Copernicus
Mon Oct 31, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 3921

Re: which engineering major for renewables

An addition to my previous reply: I joined my kid ten years ago to visit several top engineering schools in UC California system. I heard an interesting comment more than once from the engineering students in those schools: "For engineering jobs, MS is now what BS used to be!" That was lon...
by Copernicus
Sun Oct 30, 2016 3:18 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 3921

Re: which engineering major for renewables

I am not an engineer, but I went through the same process as a parent of a child entering engineering school, who later found out that was not the right branch of engineering, and the campus was too large with no personal attention, too large classes, and too many distracting activities like big spo...
by Copernicus
Sat Oct 29, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Family Trust: Is A/B Trust OK?
Replies: 4
Views: 772

Re: Family Trust: Is A/B Trust OK?

Your terminology is confusing. A is most commonly an archaic reference to a marital or QTIP trust, and B is most commonly an archaic reference to a credit shelter or bypass trust. But we can tell from the context that you're asking whether the first spouse to die should leave his/her estate to the ...
by Copernicus
Thu Oct 27, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Visa foreign transaction fee
Replies: 37
Views: 3883

Re: Costco Visa foreign transaction fee

copernicus wrote: Citi does not have this notification feature for the new Costco Visa card. Check into that again. Costco Anywhere Visa Card notifies via text or email within seconds. We chose a $1.00 transaction amount cutoff for notification. We set up notification online. I know they have a not...
by Copernicus
Wed Oct 26, 2016 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Family Trust: Is A/B Trust OK?
Replies: 4
Views: 772

Family Trust: Is A/B Trust OK?

I am asking as help for a relative, who has a family trust of the A/B type, written several years ago. Details: Married couple, Total equity in trust including house, cars, brokerage accounts 4.0 Mil + IRAs of each 0.5 and 1.0 Mil = Total 5.5 Mil. Beneficiaries: If one spouse dies, the surviving spo...
by Copernicus
Fri Oct 21, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Visa foreign transaction fee
Replies: 37
Views: 3883

Re: Costco Visa foreign transaction fee

OK, I do not have a comment on the OP's question, but my big concern in using that card abroad (or online) is: I would never know quickly whether someone made an unauthorized charge using the number in the absence of the card. With the earlier Costco AmEx card, if someone posted a charge using my c...
by Copernicus
Wed Oct 19, 2016 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Advice
Replies: 6
Views: 816

Re: Retirement Advice

- I would not sell the very small % of individual stocks.
- If you retire at such an early age, would you get bored with too much free time? Have you planned engrossing social activities or do you have long-lasting hobbies?
by Copernicus
Wed Oct 19, 2016 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Visa foreign transaction fee
Replies: 37
Views: 3883

Re: Costco Visa foreign transaction fee

OK, I do not have a comment on the OP's question, but my big concern in using that card abroad (or online) is: I would never know quickly whether someone made an unauthorized charge using the number in the absence of the card. With the earlier Costco AmEx card, if someone posted a charge using my ca...
by Copernicus
Thu Oct 06, 2016 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: temporarily cashing out ?
Replies: 55
Views: 5005

Re: temporarily cashing out ?

gd wrote:Make sure your gut is not mixing politics and finances. It's the season for that. It generally doesn't work well.


Very important comment!!
by Copernicus
Thu Oct 06, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Securities litigation notice
Replies: 14
Views: 1671

Re: Securities litigation notice

Faith20879 wrote: Apology to OP, didn't mean to derail your discussion.


Please don't apologize. I usually learn a lot more useful things from the free discussions on these boards than what I came in looking for!
by Copernicus
Thu Oct 06, 2016 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy coverage
Replies: 4
Views: 803

Re: Umbrella policy coverage

For example, is an asset like primary residence or personal IRA 'immune' from liability, hence umbrella insurance amount need not consider it? You can do a Google search on this issue. If I remember, California does not protect IRAs to any significant extent (unless they changed their laws). Looks ...
by Copernicus
Tue Oct 04, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: temporarily cashing out ?
Replies: 55
Views: 5005

Re: temporarily cashing out ?

+1 for all the above comments. Underline the effect of taxes. Increasing the bonds % is a better idea. IF you must sell, you should consider doing it in small portions, like 10% at a time, once every month for 2-3 months. I imagine that you might start feeling differently after a month or two. In th...
by Copernicus
Tue Oct 04, 2016 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy coverage
Replies: 4
Views: 803

Umbrella policy coverage

State - California. Assets: House, cars, brokerage accounts, retirement accounts. Have an umbrella policy (Geico), thinking of raising coverage amount. The premium amounts are tiered for increasing coverage, and become progressively more expensive for each additional million. . Are there assets that...
by Copernicus
Tue Oct 04, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Securities litigation notice
Replies: 14
Views: 1671

Re: Securities litigation notice

The Notice is most likely legitimate, but I cannot determine that from what you posted. If you provide the case caption (names of the parties, the case number, and the court where the case is pending--all of which will be on the first page), I can give you a definitive answer. I am wondering whethe...
by Copernicus
Mon Oct 03, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Securities litigation notice
Replies: 14
Views: 1671

Re: Securities litigation notice

Thanks, LadyGeek. You are correct; mine is a different notice/class action.
by Copernicus
Mon Oct 03, 2016 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Securities litigation notice
Replies: 14
Views: 1671

Securities litigation notice

Received a mailing stating that I should fill out a form to qualify. Can anyone comment on how to assess authenticity of mailing, and whether it is a good idea to send information in the form? Thanks.
Details: Pfizer securities litigation settlement c/o Garden city group, LLC in Dublin, OH
by Copernicus
Sun Oct 02, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: REIT Funds "Duration"
Replies: 2
Views: 589

REIT Funds "Duration"

Do REIT funds report 'average duration of the leases' in their portfolio, which might be some sort of a measure of their potential sensitivity to interest rates? (Old leases end, replaced by higher or lower income new leases.)
by Copernicus
Fri Sep 30, 2016 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: High yield corporate bond fund VWEAX vs. REIT fund VGSLX
Replies: 7
Views: 453

Re: High yield corporate bond fund VWEAX vs. REIT fund VGSLX

In a taxable account, one may want to limit income, but in a tax-advantaged account, income should not matter. Total return is all that matters. I would not allow income to factor into my decision on whether or not to hold an asset. Clear, ...... but was not the point. The point was: HY Corp bond f...
by Copernicus
Fri Sep 30, 2016 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: High yield corporate bond fund VWEAX vs. REIT fund VGSLX
Replies: 7
Views: 453

High yield corporate bond fund VWEAX vs. REIT fund VGSLX

High yield corporate bond funds have higher risks than diversified bond funds. However, over last 10 years, HY Corporate bond funds look a lot less volatile than real estate funds, but REIT funds seem to be more readily accepted in portfolios. If one has to boost income in tax advantaged account, VW...

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