Search found 393 matches

by David Scubadiver
Mon Oct 16, 2017 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1738

Re: Bonds v. bond funds

I understand what Inam reading but can’t get past the Ihebhundreds of time I read that Funds carry different risk than individual bonds. The latter, diversification risk and the former, the risk that bonds aren’t held to maturity. I suppose the latter risk is meaningless if due to redemptions and on...
by David Scubadiver
Sun Oct 15, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1738

Re: Bonds v. bond funds

I think I'm still missing something, or something wasn't explained. I have two baskets of bonds. Basket A held in a fund and Basket B held in my brokerage account. The bond market craters 50% on Black Monday. My fellow fund owners all scream SELL MORTIMER SELL, and the bond manager liquidates to pay...
by David Scubadiver
Sun Oct 15, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1738

Re: Bonds v. bond funds

I suppose I will never be comfortable with the idea that a bond fund is a safe substiture for a diversified individual bond holding. Obviously a basket of individual bonds is similar owning a fund. But more obvious to me is the fact that a portfolio manager can be forced to sell at a discount to pa...
by David Scubadiver
Sun Oct 15, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Help me optimize my portfolio
Replies: 5
Views: 335

Re: Help me optimize my portfolio

Edit that to include what those funds are and you will get more responses.
by David Scubadiver
Sat Oct 14, 2017 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Do any apps or tools do this in place of spreadsheets?
Replies: 13
Views: 1175

Re: Do any apps or tools do this in place of spreadsheets?

Maybe Morningstar.com. You can create portfolios and add buy dates and sell dates.
by David Scubadiver
Sat Oct 14, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 56
Views: 2807

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

Besides having your terminology confused, your hypothetical makes no sense since there is no circumstance in which one could possibly be so limited. We've seen worse 401k options many times on this very forum. That is funny. But even the worst 401(k) that offered only two choices, would still allow...
by David Scubadiver
Sat Oct 14, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13545

Re: What's your asset allocation and why?

I like to keep things simple, so I am allocated as follows: Cash 2.52% Guaranteed Return 5.65% (TRS fund) Intl Bonds 1.19% U.S. Bonds 11.51% Intl Stocks 31.72% U.S. Stocks 42.42% Alternatives 4.98% Believe me when I tell you, that you do not want to look behind this curtain.
by David Scubadiver
Sat Oct 14, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11587

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by David Scubadiver
Sat Oct 14, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: 10 year anniversary of the beginning of the Great Recession
Replies: 45
Views: 4136

Re: 10 year anniversary of the beginning of the Great Recession

My present self is thankful to my younger self for strictly following my investment plan, including rebalancing all the way down and all the way back up. No good result, however, was sure to happen. PJW My present self thanks my younger self for keeping things simple and having no need to rebalance...
by David Scubadiver
Sat Oct 14, 2017 6:06 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 56
Views: 2807

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

Besides having your terminology confused, your hypothetical makes no sense since there is no circumstance in which one could possibly be so limited.
by David Scubadiver
Sat Oct 14, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing - Invest now or wait?
Replies: 14
Views: 987

Re: First time investing - Invest now or wait?

Here is what I can tell you from my investing history. From the 90s to the 2000's my 401(k) balance essentially stayed flat. At least, that is my perception and recollection. But, I knew full well that the more money I had invested in the market, the better off I would be. Eventually. Sure, the more...
by David Scubadiver
Sat Oct 14, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing - Invest now or wait?
Replies: 14
Views: 987

Re: First time investing - Invest now or wait?

It is hard to put myself back in time to when I was 30 something. But, I am sure the market was at an all time high then as well. You know why? Because the market have been going up from its inception. Yeah, there have been dips, recessions and deprrsssions but if you don’t believe makets will rose ...
by David Scubadiver
Sat Oct 14, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1738

Re: Bonds v. bond funds

I suppose I will never be comfortable with the idea that a bond fund is a safe substiture for a diversified individual bond holding. Obviously a basket of individual bonds is similar owning a fund. But more obvious to me is the fact that a portfolio manager can be forced to sell at a discount to par...
by David Scubadiver
Fri Oct 13, 2017 7:04 am
Forum: Investing - Theory, News & General
Topic: Improving the Dalio/Robbins All-Seasons Portfolio
Replies: 68
Views: 12979

Re: Improving the Dalio/Robbins All-Seasons Portfolio

If you work your way up to 31 funds, then you can call it the Baskins/Robbins All-Flavors Portfolio. 8-) Jokes aside, I bet we're no more than 5-10 years away from being able to "construct" our own custom portfolio with infinite amounts of very small allocations (fractional shares) to many asset cl...
by David Scubadiver
Fri Oct 13, 2017 4:39 am
Forum: Investing - Theory, News & General
Topic: M1 Finance-anybody looked into it?
Replies: 3
Views: 784

Re: M1 Finance-anybody looked into it?

So the fee is much lower now (assuming it was correctly stated above). The fee is free for the first 1,000 .25% for on the rest up to 100,000; or .15% for the rest on $100,000 and above. Portfolio of 125,000 costs 124000x0.15% Pretty neat concept. You can have your 3 fund portfolio aid ETFs and buy ...
by David Scubadiver
Thu Oct 12, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5714

Re: How young is too young to retire.

I went to school with a girl who earns 12 million a year. She is still working. If you are thinking of retirement at 40 consider changing careers to something you enjoy more.
by David Scubadiver
Thu Oct 12, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 41
Views: 3026

Re: Simplifying portfolio

Go over to personalcapital.com, link your schwab and tiaa-cref accounts and take a look at how it shows your asset allocation; you can review your tax advantaged accounts and your non-tax advantaged accounts separately and make notes of how their asset allocations compare to one another. That's a st...
by David Scubadiver
Thu Oct 12, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Need help investing $1M in today's market
Replies: 24
Views: 3694

Re: Need help investing $1M in today's market

So, the conventional wisdom is that lump sum investing sooner rather than later, will beat out dollar cost averaging most of the time. On the other hand, few people are interested in "maximizing" their returns because otherwise they would be 100% invested in equities (or maybe 80/20 if that leads to...
by David Scubadiver
Thu Oct 12, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

The simplest thing I found was to deposit my paycheck into my schwab checking account. Every payday, I take the balance of what was in just prior to paycheck deposit, and invest it. But, that's a personal preference. I like living from paycheck to paycheck rather than figuring out what 2 months of ...
by David Scubadiver
Thu Oct 12, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

I have 2 months of expenses in a checking account and the rest invested. I think that kind of set up is what most people mean when they say "100%" invested. The simplest thing I found was to deposit my paycheck into my schwab checking account. Every payday, I take the balance of what was in just pr...
by David Scubadiver
Thu Oct 12, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

Back in my youth, I was 100% invested and in the literal sense. My checking account was the strong ulra short term municipal bond fund and that is where I kept my cash. And not just MY cash, but credit card advances at 0%! That was before I realized I would have to report a taxable transaction every...
by David Scubadiver
Thu Oct 12, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1549

Re: $5.5K to invest - best strategy

There are literally thousands of investments you can not make and feel terrible about having failed to make 10 years down the road. Cryptocurrency is only one of many roads not taken. If you have a strong rational basis for believing that cryptocurrency is undervalued right now (i.e., all the people...
by David Scubadiver
Thu Oct 12, 2017 5:05 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

The key to faster growth is to amp up the risk. Even if the slider only goes to 10, tell them you want it at 11! I also recommend buying and selling options without understanding what you are doing. That is the riskiest way to invest and will therefore lead to the greatest potential returns. Not nec...
by David Scubadiver
Wed Oct 11, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $200K cash to stock funds
Replies: 8
Views: 619

Re: Invest $200K cash to stock funds

I never heard of a fund requiring a $100,000 minimum investment. They must have a class of shares that has lower minimums, no? Anyway, sector investing may not be market timing but it is equally suspect given that you have no special knowledge that one sector will outperform another on a risk-adjust...
by David Scubadiver
Wed Oct 11, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - alternative
Replies: 18
Views: 1454

Re: Merrill Edge - alternative

Which is to say, their promotion terms are confusing. You don't need any cash at all to be a preferred rewards member. If you don't have 50,000 in securities and/or cash, you won't qualify anymore. But if you have the $50,000 you qualify. Consider moving your IRA over to them if it is not already th...
by David Scubadiver
Wed Oct 11, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3836

Re: Protecting against the possibility of a correction?

There is nothing inherently wrong with positioning yourself against a possible decline. However, because there is a 100% certainty that there will be a decline and a fairly good chance you will not accurately predict when it will come, the best way to protect yourself is to have an asset allocation ...
by David Scubadiver
Wed Oct 11, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

I decided to make the Wisebanyan account 90/10 which is the most aggressive it permits. The reason being that I don't need to own bonds in a taxable account and have plenty of space in my tax deferred accounts to keep may allocation where I wish it to be. I'll probably do the same thing over at Schw...
by David Scubadiver
Wed Oct 11, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Personal Capital advisor service
Replies: 4
Views: 412

Re: Personal Capital advisor service

Personal Capital's fee is rather high and it will eat into your performance. It is a slick interface. You can check out Wisebanyan (they charge nothing to rebalance your portfolio automatically and a small fee if you want them to engage in tax loss harvesting in your taxable account). However, I bel...
by David Scubadiver
Wed Oct 11, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Canceling Fidelity Portfolio Advisory Service
Replies: 27
Views: 1922

Re: Advice on Canceling Fidelity Portfolio Advisory Service

What you can expect is that they will try to have you use a less expensive portfolio management tool, such as their robadvisor. If you don't wish to do that they will just give you the paperwork needed to open an brokerage account. Some of your funds may have back end loads/fees for selling. You sho...
by David Scubadiver
Tue Oct 10, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

My second "wealthfront" account with a risk level of 7.0 looks like this: VTI: 35%(US) VEA: 20% (Foreign) VWO: 15% (Emerging Market) VIG: 7% (Dividend US) XLE: 5% (Natural Resources - Energy Select Sector) VTEB: 18% (Municipal bonds). I have to say that I actually like this allocation and I like how...
by David Scubadiver
Tue Oct 10, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

Just a side note -- Wisebanyan batches its trading so that "withdrawal" requests made before 1:30 are funded by a trade made at 2pm same day. Requests made after 1:30 are funded by trading done at 2pm the following day. That is a drawback that likely exists at Schwab as well (having less control ove...
by David Scubadiver
Tue Oct 10, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in taxable accounts?
Replies: 8
Views: 803

Re: Bonds in taxable accounts?

Why must the windfall be investedin a taxable account only? You could open up an IRA and invest some of it there; you can roll your 401(k) over into an IRA and jigger the investments there to better match your bond allocation.
by David Scubadiver
Tue Oct 10, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Wisebanyan vs Vanguard Brokerage for ETF's?
Replies: 15
Views: 1690

Re: Wisebanyan vs Vanguard Brokerage for ETF's?

Let me ask this about Wisebanyan: Can one submit limit orders for individual ETFs? Can one buy/sell at any time they want to? Or are orders not in your control such as they are aggregated and transacted once a day at prices of Wisebanyan's choosing? A cursory look at the wisebanyan web site only sh...
by David Scubadiver
Tue Oct 10, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 97
Views: 5102

Re: Has your "risk tolerance" been tested?

I just looked back at the 2015/2016 mini-crash and see that true to form, on August 24, 2017 when the market dropped 1,000 points, I purchased 50 SPY. I continued to buy throughout September. In January, I exchange my SPY for VTI and harvested a big tax loss and have been holding my VTI ever since (...
by David Scubadiver
Tue Oct 10, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Personal advice
Replies: 13
Views: 1776

Re: Personal advice

Yes, I will be consulting a CPA. Any advice on how to choose an appropriate/reputable CPA? I am a medical resident physician who will be graduating residency and taking over a single person practice that is contracted with a hospital system for the professional component (thus it is technically con...
by David Scubadiver
Tue Oct 10, 2017 12:50 am
Forum: Personal Finance (Not Investing)
Topic: Personal advice
Replies: 13
Views: 1776

Re: Personal advice

Generally, I would not suggest referring to salary by using quotes like that. Second, are you sure you want such a high salary versus distributions given the plan to tax pass through entities more lightly? Your Tax Loss harverst statement confused me. Why would you not benefit from deducting $3,000 ...
by David Scubadiver
Mon Oct 09, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

With brokerages allowing you to import 1099 data into Schedule D, I find that the amount of trading doesn't really have a lot if impact on filing my taxes. Though, certainly the more entries there are, the more room for error that exists. My experiment this year is to try Wisebanyan, Schwab and Weal...
by David Scubadiver
Mon Oct 09, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

What firm charges a flat annual fee of less than .25% that rebalances your portfolio and tax loss harvests for you? Only one I know of is Wisebanyan (flat fee up to 96,000 then free) and Schwab Intelligent Portfolio (0%). Automated Tax Loss harvesting is incredibly overrated. If you have a large po...
by David Scubadiver
Mon Oct 09, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 9978

Re: Third time in my 32 year career I have been laid off

I tried that wealthometer calculator and guessed that I was in the 97th percentile. Turns out, I am in the 95th. I wonder how that would play out if they factored in age? In any event, as far as how we relate to one another, I think that most folks who are wealthier than ourselves have expenses whic...
by David Scubadiver
Mon Oct 09, 2017 6:12 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 9978

Re: Third time in my 32 year career I have been laid off

200k each? I’ve got 200k for the two of them, with 186k in 529 plans and 50k in I-bonds. I can drop my term life about now, have nearly 300,000 mortgage to pay off and would have to pick up medical for a family of 4. It all seems so daunting. Fortunately, I love my work. I can be lid off at any time...
by David Scubadiver
Mon Oct 09, 2017 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

randomizer wrote:
Mon Oct 09, 2017 1:02 am
Three fund portfolio it.
My simplest 3 fund portfolio is:
50% VTI
25% vxus
25% BND

It is easy to rebalance in my head.
Divide total in half, buy VTI with that.
Split remaining half between VXUS and BND.
by David Scubadiver
Mon Oct 09, 2017 1:26 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

What firm charges a flat annual fee of less than .25% that rebalances your portfolio and tax loss harvests for you? Only one I know of is Wisebanyan (flat fee up to 96,000 then free) and Schwab Intelligent Portfolio (0%). Automated Tax Loss harvesting is incredibly overrated. If you have a large po...
by David Scubadiver
Sun Oct 08, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

What firm charges a flat annual fee of less than .25% that rebalances your portfolio and tax loss harvests for you?
Only one I know of is Wisebanyan (flat fee up to 96,000 then free) and Schwab Intelligent Portfolio (0%).
by David Scubadiver
Sun Oct 08, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 9978

Re: Third time in my 32 year career I have been laid off

I see that as one bear market away from losing $500,000. But, I am trapped by two young ones to raise, so 2.6 million doesn’t give me the comfort I need to retire.
by David Scubadiver
Sun Oct 08, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 9978

Re: Third time in my 32 year career I have been laid off

OP, You are in great shape financially. You do not need to work. So, stop settling for less. Somebody will have to pay you a lot more than 120K for you to work full-time. If your current employer offers you a part-time, do not settle for less than what you get for a full-time position. In fact, you...
by David Scubadiver
Sun Oct 08, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

Of course you can do it yourself for less. That is pretty much the case with everything in life. Some people pay a fee for convenience. In this case, it is to have your assets allocated regularly and to engage in tax loss harvesting on a regular basis to help minimize capital gains. Interestingly en...
by David Scubadiver
Sun Oct 08, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 44
Views: 4408

Re: Betterment, $500k in cash, no taxable events to transfer?

Betterment is a slick interface. Wisebanyan will charge you $240 a year to tax loss harvest your account of $500,000 or $5,000,000. It may not offer all of the bells and whistles, but it'll set you up with a nice set of vanguard ETFs, rebalance them for you and let you set up multiple goals with dif...
by David Scubadiver
Sun Oct 08, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6758

Re: How big a portfolio should I have before retiring?

I wish I knew the answer to that question for myself, much less do I feel comfortable telling you how big a portfolio you should have before retiring. Though my colleagues enjoy their work enough that they continue to work with a $6 million portfolio AND a pension of over $200,000 a year. So, I thin...
by David Scubadiver
Sun Oct 08, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

And for kicks and giggles, Wealthfront came in at 0.08%. My risk profile there was at 9.5: VTI 35% (US Stocks) VEA 26% (Foreign Stocks) VWO 22% (Emerging Markets) VIG 7% (Dividend Growth) VTEB 5% (Municipal Bonds) XLE 5% (Natural Resources) I like this portfolio for its simplicity, though one has to...
by David Scubadiver
Sun Oct 08, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios vs. WiseBanyan
Replies: 31
Views: 2110

Re: Schwab Intelligent Portfolios vs. WiseBanyan

The WiseBanyan portfolio (68/32 stocks/bonds) came in at an expense ratio of 0.09 according to Morningstar. That is a lot more like it. The portfolio looks like this:

VTI 40.5%
VEA 21.9%
VWO 5.1%

LQD 8.5%
VCSH 3.2%
SJNK 3.1%
VGIT 7.6%
TIP 6.1%
VNQ 3%