Search found 196 matches

by Ethelred
Tue Aug 08, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Regarding BrokerageLink (Fidelity) and ORP plan Texas
Replies: 4
Views: 249

Re: Advice Regarding BrokerageLink (Fidelity) and ORP plan Texas

I have brokeragelink in my 401k, though my company are in the process of withdrawing it, and contributions are now frozen. It's been a year or so since I set it up, but I believe you can set up automatic investments, though it's a bit complicated. I believe you don't have to pay any additional fees,...
by Ethelred
Sat Aug 05, 2017 12:04 am
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 102
Views: 6709

Re: Backtesting some robo-advisers asset allocations

Avo wrote:More MCV and SCV, and a big does of Health Care.
Sorry, you misunderstand. I was asking Siamond about the portfolios he tested earlier.
by Ethelred
Fri Aug 04, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 102
Views: 6709

Re: Backtesting some robo-advisers asset allocations

Overall, the Betterment choices seem quite reasonable, and displayed a very decent track record in the period of time we studied (1985-2016). The portfolio definition is also fairly straightforward and reasonably easy to understand (certainly easier than SIP). The thing that puzzles me the most is ...
by Ethelred
Fri Aug 04, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 135
Views: 13504

Re: What we know about robo advisors

I get that. Think of mainstream robos as replacing a pretty good but not great financial advisor who tend to put all their clients in pretty similar asset allocations. Like Vanguard's FA. Ultimately you can't just treat this as a static asset allocation because you can't rebalance between taxable a...
by Ethelred
Fri Aug 04, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: Short vs. Intermediate bond backtest
Replies: 40
Views: 2508

Re: Short vs. Intermediate bond backtest

^^^^^^^^^^ This kind of discussion can provide a healthy 'take it with a grain of salt' context around the backtesting numbers, so please don't hesitate to add more colors. Longinvest, the short write-up from Dr. Bernstein that you pointed to is a fascinating read, thanks for sharing. It is an inte...
by Ethelred
Fri Aug 04, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 135
Views: 13504

Re: What we know about robo advisors

So, I went onto the Schwab SIP to investigate. More for interest than anything else. A few things I found interesting: - One significant disadvantage I see is that you only open one type of account, meaning that they cannot help with asset location (taxable vs. traditional IRA/401k vs Roth). I'm no...
by Ethelred
Fri Aug 04, 2017 9:00 am
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 135
Views: 13504

Re: What we know about robo advisors

So, I went onto the Schwab SIP to investigate. More for interest than anything else. A few things I found interesting: - One significant disadvantage I see is that you only open one type of account, meaning that they cannot help with asset location (taxable vs. traditional IRA/401k vs Roth). Without...
by Ethelred
Wed Aug 02, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 102
Views: 6709

Re: Backtesting some robo-advisers asset allocations

That sounds reasonable, though I'm not sure how that REITs are that popular for tilting these days. The SCV funds are used to capture the small and value factors, and some Bogleheads will also tilt to momentum and other factors, though these are more expensive to access. However, real estate is not...
by Ethelred
Wed Aug 02, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 102
Views: 6709

Re: Backtesting some robo-advisers asset allocations

Let's consider your statement as a universal truth. Let's see what mathematical reasoning tells us about it. Hypothesis: An asset allocation containing large growth is always a bad asset allocation. Consequence: Investors, being rational, avoid this asset subclass in their asset allocation. In doin...
by Ethelred
Wed Aug 02, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 102
Views: 6709

Re: Backtesting some robo-advisers asset allocations

This is interesting, and great analysis, thanks Siamond. I don't quite agree. To build Tilt1, I just took some % out of TSM and sprinkled it to overload SCV and REITs (and same for Int'l). This is truly how Bogleheads tilters do it, as far as I understand. Tilt2 is more aggressive for sure, and less...
by Ethelred
Mon Jul 31, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Say Bye Bye To Wells Fargo Advisors?
Replies: 30
Views: 3068

Re: Say Bye Bye To Wells Fargo Advisors?

I think you should obviously leave Wells Fargo, given the information you've provided. However, you haven't said why you chose to use them two years ago. If the reason you made that choice still exists, then you should probably stay. I'm guessing you're now older and wiser, but you haven't explained.
by Ethelred
Mon Jul 31, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Preparing for change = personal financial planning implications
Replies: 10
Views: 957

Re: Preparing for change = personal financial planning implications

Grt2bOutdoors wrote:How is this actionable?
If you believe the article, there's a lot of actionable investment information there. It claims some of the predicted changes are already in motion.
by Ethelred
Mon Jul 31, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: Preparing for change = personal financial planning implications
Replies: 10
Views: 957

Re: Preparing for change = personal financial planning implications

I just read all of that linked article. It's written by someone who really does believe the hype. There are some good facts there, but whenever he draws his own conclusions, he quickly goes wrong. There are plenty of non sequiturs, but the most obvious is this: "Electric cars will become mainstream...
by Ethelred
Mon Jul 31, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: Preparing for change = personal financial planning implications
Replies: 10
Views: 957

Re: Preparing for change = personal financial planning implications

I just read all of that linked article. It's written by someone who really does believe the hype. There are some good facts there, but whenever he draws his own conclusions, he quickly goes wrong. There are plenty of non sequiturs, but the most obvious is this: "Electric cars will become mainstream ...
by Ethelred
Mon Jun 26, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Travel to Ireland and, hopefully, to Cambridge, England
Replies: 15
Views: 1021

Re: Travel to Ireland and, hopefully, to Cambridge, England

Cambridge doesn't have its own international airport, and it's not a particularly big city. Getting from Dublin to Cambridge is not going to be particularly convenient, especially considering you're only planning to go for a few days. I had a look at what's available from Dublin, and the nearest air...
by Ethelred
Thu Jun 15, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 5529

Re: Curious to odd estate question

chinto wrote:Thank you for any assistance you care to afford.


Why do you find it surprising that most here are unwilling to offer help to someone who has chosen to never help others and is going out of their way to ensure they never do so even after death?
by Ethelred
Mon Jun 12, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Poll: Do Bogleheads own Stocks?
Replies: 77
Views: 7640

Re: Poll: Stock Ownership

I agree that the question about employer stock needed an "only" choice. The only individual stock my wife and I own is in our employers. And we usually sell that as soon as it vests. I recognize the point you'd like to make. Full disclosure: The only stock I've ever owned was my employer'...
by Ethelred
Mon Jun 12, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Poll: Do Bogleheads own Stocks?
Replies: 77
Views: 7640

Re: Poll: Stock Ownership

I agree that the question about employer stock needed an "only" choice. The only individual stock my wife and I own is in our employers. And we usually sell that as soon as it vests.
by Ethelred
Sat Jun 10, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: "Paying" a minor for otherwise uncompensated work
Replies: 37
Views: 3045

Re: "Paying" a minor for otherwise uncompensated work

Spirit Rider wrote:^ Huh???

Indeed. It doesn't even fit the original facts, since getting a W2 requires him to be a paid by the employer as an actual employee, and the OP said in the first post that even if it was possible, it would take too long to arrange.
by Ethelred
Wed Jun 07, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: "Paying" a minor for otherwise uncompensated work
Replies: 37
Views: 3045

Re: "Paying" a minor for otherwise uncompensated work

I don't see any way your father as an individual can pay you on a W-2 for work performed for a third party, especially a government agency. Except for household help, W-2 employment requires a legitimate business/employer to pay Fair Market Wages (FMV) wages for work performed for that business/emp...
by Ethelred
Wed Jun 07, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Resident Alien Expatriating / 401k & VG taxable account - UK/US
Replies: 33
Views: 2247

Re: Resident Alien Expatriating / 401k & VG taxable account

The eight year (or six year and two days) thing only applies to green card 'expatriates'. It is what defines 'long term' when the exit tax talks about "long term permanent residents" (LTPRs). If you take out citizenship and then renounce you are 'in scope' for the exit tax, even if you ha...
by Ethelred
Mon Jun 05, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 378
Views: 66700

Re: Bank of America/Merrill Edge - Preferred Rewards

So just got off the phone with a Preferred Rewards rep. I asked about when I'd be eligible to enroll in the program. I opened a checking account and a Merrill Edge account with enough to be eligible for Platinum Honors on 4/29. Based on reading others' datapoints in this thread, I thought that I mi...
by Ethelred
Wed May 31, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Personal capital flight to non-US$, NOT Political!
Replies: 15
Views: 1660

Re: Personal capital flight to non-US$, NOT Political!

It would be helpful if you gave a link to Brett Arends' column so we can see what he actually says. I can't find the specific column you're referring to. Whether or not you're intending to be political, some of his recent "ROI" columns seem to me to be overtly political. That surprises me...
by Ethelred
Mon May 01, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: buying dining table is hard
Replies: 55
Views: 3683

Re: buying dining table is hard

There are furniture stores in Houston that cover pretty much any furniture style you might want, except perhaps if you want high-end ultra-modern. Try these websites, then visit the places you like: - Ethan Allen - Crate and Barrel - West Elm - Pottery Barn - Star Furniture - Bassett Furniture - Res...
by Ethelred
Fri Apr 28, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 378
Views: 66700

Re: Bank of America/Merrill Edge - Preferred Rewards

This is great, thanks to all three of you for the useful replies. I had similar dates to you. My preferred rewards was activated about a week or two ago. I am fairly sure that the CSR is incorrect about the requirement for the checking account being open for 90 days. Read the contract, I don't belie...
by Ethelred
Fri Apr 28, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 378
Views: 66700

Re: Bank of America/Merrill Edge - Preferred Rewards

Since my sign-up bonus posted a few days ago, I figured I'd update my experience with BoA/ME. This is with the lower amount, since I missed the $1000 offer by a matter of hours. Some dates: 31 Dec ME account application. I am a US permanent resident, so application info says I need to send copy of m...
by Ethelred
Fri Apr 28, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Is everyone getting notices on Vanguard webcasts?
Replies: 3
Views: 435

Re: Is everyone getting notices on Vanguard webcasts?

Yes, I keep getting them. It seems the only way to unsubscribe from them is to email Vanguard manually, rather than click a link to unsubscribe, which is pretty poor service in 2017.
by Ethelred
Thu Apr 27, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Capital One (on-line) vs Vanguard MM?
Replies: 3
Views: 483

Re: Capital One (on-line) vs Vanguard MM?

Nothing against Vanguard, but if you want to compare apples with apples, the Capital One 360 Money Market account currently pays 1.0% interest on amounts over $10,000. m There are other online savings accounts around currently paying 1.05%, and a few paying up to 1.25% (though these are more likely ...
by Ethelred
Fri Apr 21, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Excel Solver for Portfolio Rebalancing across Multiple Accounts
Replies: 24
Views: 3043

Re: Excel Solver for Portfolio Rebalancing across Multiple Accounts

Adding $5500 to your Roth is unlikely to trigger your rebalancing bands in most cases. It's just not that important. Agreed. But in most cases the real question is what type of assets to invest these $5500 into in this Roth account. Good rebalancing spreasheet shows you what assets are below the ch...
by Ethelred
Fri Apr 21, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Excel Solver for Portfolio Rebalancing across Multiple Accounts
Replies: 24
Views: 3043

Re: Excel Solver for Portfolio Rebalancing across Multiple Accounts

I can see why you might think along these lines, but personally I think it's a waste of time. And that's speaking as someone who manually tracks all our investments on a complicated Google Sheets spreadsheet once a month. I have comments on a few different aspects of this. Firstly, rebalancing is no...
by Ethelred
Sun Apr 16, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 401K at Fidelity - International SCV and EM Funds/ETF
Replies: 7
Views: 617

Re: 401K at Fidelity - International SCV and EM Funds/ETF

We use FPMAX for emerging markets in my Fidelity 401k, since it's available to trade free of fees. With ER at 0.14%, with a minimum of $10,000, it's the lowest ER EM fund at Fidelity, unless you have $5M plus to afford an institutional fund. Fidelity don't have their own SCV funds, which seems stran...
by Ethelred
Mon Apr 10, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 378
Views: 66700

Re: Bank of America/Merrill Edge - Preferred Rewards

ETFs that invest in international funds? If so, which ones specifically do you mean? VG International ETFs below that have higher expense ratios at ME vs VG. vxus & vwo are only small variances; can look those up yourself. vxus vss <--- the largest difference .17 vs .13 vwo Interesting though v...
by Ethelred
Fri Apr 07, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: HDHP's - Does your employer offer them?
Replies: 47
Views: 2035

Re: HDHP's - Does your employer offer them?

There's some psychology here and most people unfortunately aren't Bogleheads (we can't change that). An HDHP with an HSA sounds great to a middle to high income Boglehead who is already saving 30% or more of income but to the rest of the population people hear "high deductible" and "...
by Ethelred
Thu Apr 06, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Account ready for investing.
Replies: 5
Views: 489

Re: Account ready for investing.

The US has the most complex tax system in the world. I strongly recommend that if you don't live in the US or have US citizenship, you don't invest in mutual funds or ETFs based in the US.
by Ethelred
Thu Apr 06, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Best way of transferring wealth to kids?
Replies: 27
Views: 2771

Re: Best way of transferring wealth to kids?

From a 529 standpoint, you can deposit $14000 per child a year or $28000 a year if you are married. If you want to, you can front load that for 5 years so that is up to $140,000. That's not an actual limit. It's just that contributions above that level start to eat into the lifetime gift tax exclus...
by Ethelred
Thu Apr 06, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How many financial secrets?
Replies: 58
Views: 6044

Re: How many financial secrets?

Maybe but some of the replies are about the spouse (usually the wife) who doesn't want to know, is happy to be ignorant and lets the other spouse do whatever he/she likes - and possibly bankrupt the family. You've made my point for me. These are not secrets. There are several recent threads discuss...
by Ethelred
Thu Apr 06, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: How many financial secrets?
Replies: 58
Views: 6044

Re: How many financial secrets?

This thread confuses me. I know how much some Bogleheads love to talk about their spouse's lack of interest in household investments, but surely a secret is a fact that you choose not to tell someone, not a fact that you offer up but they just don't want to know? An actual secret would be not tellin...
by Ethelred
Thu Apr 06, 2017 7:10 am
Forum: Investing - Help with Personal Investments
Topic: UK Inheritance
Replies: 10
Views: 733

Re: UK Inheritance

The main worry with using them is that you have to wire the foreign currency to their account, and they will then wire your home currency on to your local bank account. This adds a slight concern here of what if they go broke while funds are 'in flight', so best use a reputable and well known forex...
by Ethelred
Thu Apr 06, 2017 6:17 am
Forum: Investing - Help with Personal Investments
Topic: UK Inheritance
Replies: 10
Views: 733

Re: UK Inheritance

Ted you are the resident "go to" on this Forum regarding US-UK investing and residence etc. In terms of moving money between the countries, have you used the likes of Caxton FX? Any issues? Advantages? OP had that as a part of OP's question. Elsewhere, I've seen several different companie...
by Ethelred
Fri Mar 31, 2017 7:51 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 213
Views: 36196

Re: How much international stock? A suggestion.

This topic is raised several times a month, and it always goes round and round, mostly based on pre-conceptions which are often dangerously close to 'confirmation bias' or to 'success bias'. Funny, all Bogleheads know to NOT do that with individual stocks or even sectors (past performance... blah),...
by Ethelred
Wed Mar 29, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: opinions on VNQ? [Vanguard REIT Index]
Replies: 11
Views: 1294

Re: opinions on VNQ?

If my job security depended on the commercial real estate market, there is no way I would invest in REITs. A drop in the market could easily see you lose your job and your investments drop in value at the same time.
by Ethelred
Tue Mar 28, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Re: Best business checking and credit card for sole proprietorship

It says no monthly fees - and I do have the account and can confirm it. But now when I go back it is showing me your page (now thinking I am from Texas) so I think you are right that it isn't available there and the first time was a quirk in the system. I guess so. If you already have the account, ...
by Ethelred
Tue Mar 28, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Re: Best business checking and credit card for sole proprietorship

Maryland, but when I use a Texas zip code it still shows me the unlimited checking account. That's just weird. The Unlimited checking account is $35/m, waived with an average balance of $25000 or more. I'm listing the costs for the Basic account. Either you're seeing something like "No fee for...
by Ethelred
Tue Mar 28, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Re: Best business checking and credit card for sole proprietorship

Really? What do you get at this link: m When I then click on to checking accounts, I get this, exactly as I said m Monthly Service Fee: $15 monthly service fee $15 monthly fee waived: with $2,000 minimum 30- or 90-day average balance -or- Two additional, eligible business products Learn more about ...
by Ethelred
Tue Mar 28, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Re: Best business checking and credit card for sole proprietorship

Capital One Spark Business Checking account is now free with no minimum. You can also connect it to a Business Savings account with a 1% yield to reduce the impact of cash drag. Thanks. Maybe it is in your state? For Texas it's still listed as $2000 average balance to avoid the fee, unless you take...
by Ethelred
Tue Mar 28, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Re: Best business checking and credit card for sole proprietorship

I use Chase Total Business, and an Ink Plus Business card (no longer available). I may downgrade this to the Ink Cash card to avoid the annual fee, as we spend nowhere near the limits...but still debating. I find Chase UR points much more valuable than cash back, and I already do my main personal b...
by Ethelred
Mon Mar 27, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable items
Replies: 13
Views: 997

Re: Charitable items

Fake news! Alternative facts! No supporting evidence for the statement made. Thanks for finding it and showing me though. I have seen similar reports elsewhere, though not sure if they were supported either. That said, even if we assume it's true, you have a choice. Either you can give up thousands...
by Ethelred
Mon Mar 27, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable items
Replies: 13
Views: 997

Re: Charitable items

I'm afraid you are confused.

Charitable deductions can be made up to 50% of your adjusted gross income (AGI) for most institutions.
https://www.irs.gov/charities-non-profi ... deductions

That link will also explain how to deduct for non-cash contributions.
by Ethelred
Mon Mar 27, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best business checking and credit card for sole proprietorship
Replies: 13
Views: 781

Best business checking and credit card for sole proprietorship

My wife is in the process of setting up an LLC sole proprietorship run from home, and we want to set up a business checking account and credit card. Do any of you have recommendations for this? We will have something like 50 transactions per month, with most purchases and sales by credit card. We're...
by Ethelred
Sat Mar 25, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about opening an account with Merrill Edge
Replies: 26
Views: 3233

Re: Thinking about opening an account with Merrill Edge

We are aiming to take advantage of Preferred Rewards, but for us it's relatively easy. If I had to move that number of different accounts to Merrill Edge to get it, and I would still only be getting the platinum level, not platinum honors, I really wouldn't bother.