Search found 169 matches

by Ethelred
Thu Apr 27, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Capital One (on-line) vs Vanguard MM?
Replies: 2
Views: 128

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. https://www.capitalone.com/online-money-market-account/ There are other online savings accounts around currently paying 1.05%, and a...
by Ethelred
Fri Apr 21, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Excel Solver for Portfolio Rebalancing across Multiple Accounts
Replies: 13
Views: 1495

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: 13
Views: 1495

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: 518

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: 293
Views: 47533

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: 1662

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: 398

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: 2464

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: 5496

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: 5496

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: 609

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: 609

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: 186
Views: 24633

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: 943

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: 576

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: 576

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: 576

Re: Best business checking and credit card for sole proprietorship

Really? What do you get at this link: https://www.capitalone.com/small-business-bank/ When I then click on to checking accounts, I get this, exactly as I said https://www.capitalone.com/small-business-bank/checking-accounts/ Monthly Service Fee: $15 monthly service fee $15 monthly fee waived: with ...
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: 576

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: 576

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: 889

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: 889

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-profits/charitable-organizations/charitable-contribution-deductions That link will also explain how to deduct for non-cash contributio...
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: 576

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: 20
Views: 2028

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.
by Ethelred
Sat Mar 25, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard etf`s for small cap value asset class internationally
Replies: 3
Views: 348

Re: Vanguard etf`s for small cap value asset class internationally

Do a search for "international small cap value" in the box at the top right. Here are some links: https://www.bogleheads.org/forum/viewtopic.php?t=206852 https://www.bogleheads.org/forum/viewtopic.php?t=208707 There are no choices that actually fill that requirement with low expense ratios...
by Ethelred
Fri Mar 24, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: HSA questions
Replies: 4
Views: 314

Re: HSA questions

sgadlin wrote:We are expecting our first child in a month or so.

I am hopeful after a few years our medical expences will be minimal and we can really save more.


I have three children. They may be mostly healthy, but these two statements do not belong in the same post.
by Ethelred
Fri Mar 24, 2017 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Need Newbie Advice for Large Sum - US or Europe?
Replies: 17
Views: 1613

Re: Need Newbie Advice for Large Sum - US or Europe?

If I was not already resident in the US, there is no way I'd subject myself to taxation by the most complex tax system in the World by investing there. So yes, even if you choose to invest in US indices, do so using ETFs or mutual funds located in Europe. Something similar may be available in Canada...
by Ethelred
Thu Mar 23, 2017 6:28 am
Forum: Personal Finance (Not Investing)
Topic: S corp - 401K plan - profit sharing
Replies: 130
Views: 4096

Re: S corp - 401K plan - profit sharing

1. Agree on the $15k if they have $50m under management at 0.03% AUM. HOWEVER, their website states "No AUM Fees." 2. Websites states $8/m per employee, $40/m min per company, so even companies with fewer than 5 employees pay the $40/m. Even if they only have 1,000 companies, that works o...
by Ethelred
Tue Mar 21, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Guidance
Replies: 7
Views: 775

Re: HSA Investment Guidance

Remember your asset allocation can be spread across all your accounts. Use the TD brokerage to buy one ETF that's part of your allocation, and then just buy correspondingly less of that asset in your other accounts.
by Ethelred
Tue Mar 21, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plans in a New Small Business
Replies: 6
Views: 406

Re: Retirement Plans in a New Small Business

Having looked into this a bit recently, on threads on this forum and elsewhere, there are several options for solo 401ks. None of these options offer everything you might want, but unless you want every option you'll probably find something to fit your needs. The main low-cost providers are: - Vangu...
by Ethelred
Tue Mar 21, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: S corp - 401K plan - profit sharing
Replies: 130
Views: 4096

Re: S corp - 401K plan - profit sharing

As an extra reply - I just checked the TRP website. Their Individual 401k says "No annual employer fees or set-up cost." , while their Small Business 401k says "Small Business 401(k) fees vary by plan". If you (or you and your spouse) are the only employee, there are several supp...
by Ethelred
Tue Mar 21, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: S corp - 401K plan - profit sharing
Replies: 130
Views: 4096

Re: S corp - 401K plan - profit sharing

Id love to know what you find out with T Rowe Price. I've had funds in my IRA with them before and it's an excellent company. If all I need is low cost index funds, they could be a great choice, especially if they are not charging any fees. I'm not sure I'd class their index funds as "low cost...
by Ethelred
Tue Mar 21, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: S corp - 401K plan - profit sharing
Replies: 130
Views: 4096

Re: S corp - 401K plan - profit sharing

"My contact at Guideline.com emailed me the detailed fee https://my.guideline.com/agreements/annual_disclosures#plan-fees-and-expenses-404a-5-disclosure One example only - in this doc provided above look up Vanguard Small cap equity (VSTCX) and compare to the VG site info... https://personal.v...
by Ethelred
Mon Mar 20, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3477

Re: I thought I knew my desired AA

When I went through this process last year, it turned out the biggest question was actually, "What asset allocation is within my wife's comfort level?" As a result, our AA is 70/30 with an emergency / large purchases fund that is probably double what I would have chosen.
by Ethelred
Mon Mar 20, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: S corp - 401K plan - profit sharing
Replies: 130
Views: 4096

Re: S corp - 401K plan - profit sharing

I believe that $50M at 0.0003 is $15,000. $40 X 1,000 = $40,000 You are both business folks - what do you think about this business's profit and future if these are the only fees? Since being in business for myself I have watched for high costs on many places but have learned that too low costs are...
by Ethelred
Mon Mar 20, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Valuing Oil Well (Mineral Rights) Investments
Replies: 9
Views: 769

Re: Valuing Oil Well (Mineral Rights) Investments

I wonder how well some of the suggestions here will work. It would be easy for anyone who knows even the basics of the oil business in the onshore US to see the state and county listed, and get an idea of which basin it's located in. Unfortunately, there are empty spaces on the form in the photo whe...
by Ethelred
Mon Mar 20, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Wife going back to school. What financial steps should I take?
Replies: 23
Views: 1157

Re: Wife going back to school. What financial steps should I take?

Three years is a long time, and PhDs can often end up taking longer than planned. You don't say what job you do. Unless you have a particularly good deal where you are, consider looking for something in, or closer to, the city where she will be studying. On education expenses: I was looking into thi...
by Ethelred
Fri Mar 17, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Lynch- can't change investment direction! Glitch?
Replies: 4
Views: 333

Re: Merrill Lynch- can't change investment direction! Glitch?

Merrill Lynch are still living in the 20th century. Both in terms of technology and investments. My employer's 401k is with Fidelity, and is very good, but the stock and options awards moved from Schwab to Merrill Lynch about three years ago. The user experience with Merrill Lynch is worse in every ...
by Ethelred
Fri Mar 17, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Munis or CDs?
Replies: 9
Views: 975

Re: Munis or CDs?

Your reasoning looks good to me, except you're missing risk. Holding lower rated bonds should mean that VWIUX is higher risk than BMBIX, and, at least at $250k in value and below, a CD is lower risk than either of the bond funds, because of FDIC protection. Personally, though, I don't plan to invest...
by Ethelred
Thu Mar 09, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Another W2 Vs 1099 question
Replies: 11
Views: 591

Re: Another W2 Vs 1099 question

Be sure you are contractually allowed to do this by your current employer. It's very common to be forbidden to work for a competitor. My employer actually requires approval from both HR and senior management before taking on outside work, even if in a completely unrelated sector.
by Ethelred
Wed Mar 08, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Opening Accounts with Vanguard on an F1 Visa
Replies: 2
Views: 176

Re: Opening Accounts with Vanguard on an F1 Visa

It depends on your intention after you graduate. If you return to the UK, you are likely to be holding investments that are not HMRC-reporting funds, which will create a big UK tax reporting headache. Valuethinker and a few others here know more about this than I do, but most people here and US citi...
by Ethelred
Sat Feb 25, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Regarding taxation USA
Replies: 3
Views: 387

Re: Regarding taxation USA

Can I choose to be considered as a resident alien for tax purpose, even if I do not pass the substantial presence test or any other test? Non-resident aliens are taxed at 30% withholding on all dividends. While resident aliens are only taxed at the long term cap gains rate, and also in a progressiv...
by Ethelred
Tue Feb 21, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: The case against small cap value
Replies: 79
Views: 14165

Re: The case against small cap value

Morningstar indicates that all of those funds are right where they are supposed to be in the mid-cap value box. http://www.morningstar.com/funds/XNAS/VMVIX/quote.html http://www.morningstar.com/funds/XNAS/VMVAX/quote.html http://www.morningstar.com/etfs/arcx/voe/quote.html Yes. Bear in mind that th...
by Ethelred
Tue Feb 21, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: The case against small cap value
Replies: 79
Views: 14165

Re: The case against small cap value

While I agree that mid-cap value has had great historic returns, and I still hold some, someone here pointed something out to me last week: Vanguard's MCV fund (VMVIX/VMVAX/VOE) currently has pretty much no value tilt at all, and it hasn't had a consistent tilt to value since early 2011. For the PV ...
by Ethelred
Mon Feb 20, 2017 8:18 am
Forum: Investing - Theory, News & General
Topic: 2016 Relative Tax Efficiency
Replies: 43
Views: 5114

Re: 2016 Relative Tax Efficiency

I consider marginal rate to be the tax paid on the last x dollars of income divided by x. X may be $1 or any other amount you choose like your RMD for example. To get the number use a tax software program. I use TurboTax. Yes, I use TaxAct. Thanks. I'm afraid that wasn't the help I was looking for ...
by Ethelred
Sun Feb 19, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: 2016 Relative Tax Efficiency
Replies: 43
Views: 5114

Re: 2016 Relative Tax Efficiency

So, this thread has made me realize that our effective LTCG / QDI rate is really high, due to AMT, as well as our marginal income tax being really high. I therefore have a question: what, if any, level of income tax and long-term capital gains tax during the accumulation phase would push you to inve...
by Ethelred
Sun Feb 19, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is there ideal Asset LOCATION % as you get closer to retirement?
Replies: 45
Views: 2400

Re: Is there ideal Asset LOCATION % as you get closer to retirement?

ved, In theory, yes. In real world? I am a lifetime 30+% gross income saver. I could not even reach half of that number. I max my Trad. 401K every year for 20+ years with the exception of maybe 5 years in total. <<Let's say, In the first 10 years, they contribute $10k per year.>> Student loan and l...
by Ethelred
Sun Feb 19, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is there ideal Asset LOCATION % as you get closer to retirement?
Replies: 45
Views: 2400

Re: Is there ideal Asset LOCATION % as you get closer to retirement?

I'm afraid several of your assumptions are wrong: A) The only kind of employer that are willing to contribute to the max is the self-employed people. Without going into details, I can guarantee that all of the senior managers and executives at both my company and my wife's company, are at the $54k c...
by Ethelred
Sun Feb 19, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: 2016 Relative Tax Efficiency
Replies: 43
Views: 5114

Re: 2016 Relative Tax Efficiency

It appears to me that the top of the AMT exemption phaseout is intended to coincide (for households without large adjustments beyond the schedule A lines anyway) with a non-LTCG/QDIV income level that marks the beginning of the 39.6% bracket and 20% LTCG/QDIV taxation in the regular scheme. As well...
by Ethelred
Sun Feb 19, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Is there ideal Asset LOCATION % as you get closer to retirement?
Replies: 45
Views: 2400

Re: Is there ideal Asset LOCATION % as you get closer to retirement?

ved, <<When does a tax-deferred amount be too much at retirement? >> <<I would think having all $2.5 mil in tax-deferred is not ideal. >> I am not quite sure that this is possible. There is a limited amount of tax deferred space available (18K for less than 50 years old, 24K for 50 and above) every...
by Ethelred
Fri Feb 17, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have experience with Fidelity BrokerageLink?
Replies: 14
Views: 651

Re: Does anyone have experience with Fidelity BrokerageLink?

Don't want to hijack the thread but which funds are commission free? I have heard ishares funds and etfs and commission free on brokeragelink but would like a comprehensive list so I can see what my options are. I would call your 401k provider and ask for details - I would not assume there is a one...

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