Search found 1090 matches

by Geologist
Sat Oct 14, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump VHDYX or VTMFX?
Replies: 4
Views: 551

Re: Should I dump VHDYX or VTMFX?

Why did you buy these funds in the first place? How do they fit in your overall asset allocation? How much do you have invested in each fund? These are the questions that you should be addressing in deciding whether to own them. How they have performed YTD is not really important. Why do you need to...
by Geologist
Wed Oct 04, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund vs ETF prices
Replies: 15
Views: 1171

Re: Mutual fund vs ETF prices

Yes, because you have a volume measurement system (gallons, quarts, pints, cups, ounces...) for milk. But, as I said above, there is no established volume measurement for Mutual Funds and ETFs. So every price is based on a arbitrary volume of holdings. That is why you can't get what you want. Why i...
by Geologist
Tue Oct 03, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: VFIJX GNMA Admiral Dividend Came up short?
Replies: 10
Views: 554

Re: VFIJX GNMA Admiral Dividend Came up short?

livesoft is correct. The GNMA fund declares dividends daily, so you are only entitled to dividends for the days you owned the fund. This means you are not owed the total dividend shown on the summary page. This also means that when you sell, even in the middle of the month, you will be be paid divid...
by Geologist
Sun Sep 17, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard - taxable acct v taxable brokerage
Replies: 4
Views: 344

Re: Vanguard - taxable acct v taxable brokerage

Well, you might have different options, but I think that "upgrading" means the shift to the brokerage platform period. You would be well advised to call Vanguard to find out exactly what this means for you before you even contemplate what you think is a partial shift.
by Geologist
Sun Sep 17, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: What money to store outside for disaster?
Replies: 63
Views: 4878

Re: What money to store outside for disaster?

Is cash even particularly useful to people in TX or FL right now? If you didn't have what you needed before the disaster can you even buy it now? At least in Harris County, TX and surroundings where only about 15% of homes flooded which means that about 85% of homes and businesses did not flood and...
by Geologist
Sun Sep 17, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Bond return negative. CD or money market alternative.
Replies: 30
Views: 3206

Re: Bond return negative. CD or money market alternative.

I'm not sure why you would use return over the last 9 months as your benchmark for deciding what to do about bonds. Why not 6 months, 3 months, or last week? There is no guarantee that bond returns will be positive. You should have a reason for investing in bonds and not pay any attention to short-t...
by Geologist
Sun Sep 17, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard - taxable acct v taxable brokerage
Replies: 4
Views: 344

Re: Vanguard - taxable acct v taxable brokerage

There have been many threads on this transtion. Some people like it, others don't. I don't find the way transactions are listed as easy to follow as in the old mutual fund system. I don't think you can just move "some" mutual funds; it will be none or all at the moment. In the long run, you won't ha...
by Geologist
Wed Sep 06, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth. Is it listed on 1040 as IRA Distribution?
Replies: 51
Views: 2132

Re: Backdoor Roth. Is it listed on 1040 as IRA Distribution?

Regardless of what you or he says, you still are not eligible to contribute to the Roth IRA . As long as you keep saying that, you will have problems. What are you talking about? He is eligible if he's using the 2 step, back door Roth method. But this is not a Roth contribution. It is a contributio...
by Geologist
Wed Sep 06, 2017 6:43 pm
Forum: Investing - Theory, News & General
Topic: Funds missing from Proxy voting forms
Replies: 8
Views: 753

Re: Funds missing from Proxy voting forms

Is it possible that the brokerage mutual funds proxy was issued to you/received by you electronically? I saw in Vanguard materials that some people received their proxy materials this way. You could look under secure messages when you log into your Vanguard account.
by Geologist
Wed Aug 30, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Net Unrealized Appreciation (NUA) of company stock in 401k
Replies: 5
Views: 272

Re: Net Unrealized Appreciation (NUA) of company stock in 401k

It would have helped if you had numbered your questions to avoid ambiguity in answers (you could edit your response to do so; I number my answers to match the order of your points below). There is a poster named Alan S. who is an expert on these matters and will probably be along. First, (a point yo...
by Geologist
Fri Aug 25, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to do a pension cashout/rollover before retirement age - common?
Replies: 7
Views: 875

Re: Unable to do a pension cashout/rollover before retirement age - common?

I worked for a large (Fortune 50) company. If you aren't old enough to retire (55 years old with at least 15 years of service; lesser years of service apply if you are older), you can't take your defined benefit pension as a lump sum ever (assuming you are vested). You can take the pension reduced a...
by Geologist
Mon Aug 21, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 6056

Re: Mike Piper and CDs

A couple of years ago in this thread (https://www.bogleheads.org/forum/viewtopic.php?t=176932), I ran a backtesting using the Simba spreadsheet from 1972-2014 and found that when comparing a 60/40 portfolio with annual rebalancing, using a Treasury bond fund and CDs were equivalent provided that th...
by Geologist
Mon Aug 21, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Rental car booted for prior unpaid parking tickets
Replies: 31
Views: 3568

Re: Rental car booted for prior unpaid parking tickets

For what its worth, I rented from Hertz on an East Coast road trip late last year. We apparently did not pay a toll somewhere along the way and a ticket/fine was sent to Hertz. To their credit (and my chagrin) they were right on it and told us they would be adding $28 to the associated cc bill unle...
by Geologist
Mon Aug 21, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Returns [equity vs bond]
Replies: 9
Views: 1379

Re: Vanguard Wellington Returns [equity vs bond]

You could try looking in the "Statement of Additional Information" (SAI) that is a supplement to the prospectus. If there is nothing in there (and there might well not be), then you may not find anything. The nature of this actively managed fund is that you are buying the whole portfolio as a packag...
by Geologist
Sun Aug 13, 2017 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: possible capital gains thrown off on VTI from VTSMX / VTSAX
Replies: 3
Views: 585

Re: possible capital gains thrown off on VTI from VTSMX / VTSAX

The net assets of the Total Stock Market Fund not counting the ETF shares are no longer 12 times the ETF, but only about 5 times the ETF. If the idea is that the ETF is more vulnerable because so much smaller, that is no longer the case. There are all sorts of potential capital gains risks. If share...
by Geologist
Sun Aug 13, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds with the highest minimum investment
Replies: 15
Views: 2255

Re: Vanguard funds with the highest minimum investment

I'm not sure what you mean by "top funds." Many Vanguard funds have different share classes with different minimum investments, so there isn't a single answer in many cases. For individual investors, most index funds have a share class with a minimum of $3000 and another with a minimum of $10,000 wi...
by Geologist
Sun Aug 13, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep IRA records?
Replies: 54
Views: 3511

Re: How long to keep IRA records?

It would probably be a good idea to keep all the Form 5498's that custodians sent you. My guess is that other records from them are superfluous.
by Geologist
Sun Aug 13, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiaries vs wills
Replies: 9
Views: 1292

Re: Beneficiaries vs wills

You need to be precise about terminology. Naming beneficiaries on accounts may allow those assets to bypass probate (as some who replied earlier stated), but the assets are still part of your estate. Someone (your executor/trustee of a trust if you have one) may need to account for all these account...
by Geologist
Sat Aug 12, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: E-delivery of transaction confirmations
Replies: 12
Views: 953

Re: E-delivery of transaction confirmations

A Fidelity rep told me that there was a recent Dept. of Labor ruling that made transaction confirmations for CD's and some other items not eligible for e-delivery. Can anyone confirm this? And why the Dept. of Labor? The Dept. of Labor handles regulations under ERISA for pension and similar retirem...
by Geologist
Sat Aug 12, 2017 3:44 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 60171

Re: Forum software upgrade bug reports and change requests

I don't see the number of notifications listed on the top toolbar anymore. Is that simply hidden when the number is zero, now, or is the number permanently hidden? In addition, there also used to be a link to mark all notifications as read to dismiss them at the top of the list. Now you apparently ...
by Geologist
Sat Aug 12, 2017 11:15 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 60171

Re: Forum software upgrade bug reports and change requests

The forum software has been updated to phpBB 3.2.1. See: Software Updated to phpBB 3.2.1 I don't see the number of notifications listed on the top toolbar anymore. Is that simply hidden when the number is zero, now, or is the number permanently hidden? In addition, there also used to be a link to m...
by Geologist
Sat Aug 12, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 2026

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

I'm the OP. I'm a first time equity investor this year; I had a large bond called last year and moved into six digit investment of TSM and six digits of international. I'm set for 2017 taxes since I'm in the safe harbor. But December 2018 will (probably) see large distributions. I know distribution...
by Geologist
Sat Aug 12, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 2026

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

Theoretically, redemptions of shares could force holdings in the fund to be sold that would realize capital gains... My impression in that case is that CGs are passed directly to the redeemer, no? But on reflection, if I redeem $50,000 of VTSAX, they are not going to sell small amounts of all 3000 ...
by Geologist
Sat Aug 12, 2017 10:32 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 60171

Re: Forum software upgrade bug reports and change requests

The forum software has been updated to phpBB 3.2.1. See: Software Updated to phpBB 3.2.1 I don't see the number of notifications listed on the top toolbar anymore. Is that simply hidden when the number is zero, now, or is the number permanently hidden? In addition, there also used to be a link to m...
by Geologist
Sat Aug 12, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 2026

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

However, Vanguard has a patented method to treat an ETF as a share class of the mutual fund. This allows them to tax gain/loss harvest more efficiently on the ETF transactions to minimize/eliminate capital gains distributions for the other classes of the mutual fund. A couple of years ago Vanguard ...
by Geologist
Sat Aug 12, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 2026

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

First of all, a total stock market index(?) fund shouldn't be paying any capital gains distributions. Vanguard's certainly doesn't You can't really say a TSM index fund shouldn't be making any capital gains distributions. SEC regulations require all mutual funds to distribute net capital gains as d...
by Geologist
Fri Aug 11, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Tracking VG Muni Fund-indices intraday?
Replies: 4
Views: 331

Re: Tracking VG Muni Fund-indices intraday?

This doesn't really answer your question, but I was wondering why you cared about fluctuations (or supposed fluctuations, see below) in value of municipal bond funds during the course of the day. The reason I say supposed fluctuations is that most municipal bonds hardly trade, so that only approxima...
by Geologist
Thu Aug 10, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: dividend versus expense ratio impact on mutual fund
Replies: 13
Views: 970

Re: dividend versus expense ratio impact on mutual fund

Word choice counts. Mutual funds do not "pay" dividends. They pass thru dividends that are paid to them by the stocks that they own. This is required by tax law. They must also pass thru any long term and short term capital gains that they have realized from buying and selling stocks. Ralph I think...
by Geologist
Thu Aug 10, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Does VG Compound Interest?
Replies: 12
Views: 1267

Re: Does VG Compound Interest?

You will see if you look at fund reports that the bond funds have investments in institutional money market funds (for liquidity and other purposes), so whatever interest arrives and is part of the daily declaration of dividends is invested in at least a money market fund and thus is earning a form ...
by Geologist
Wed Aug 09, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds and Taxes.
Replies: 24
Views: 1673

Re: Muni Bonds and Taxes.

Also I need to inform you that the muni funds have distributed both LT and ST capital gains distributions for the last several years and although I don't understand why will continue to do so if rates rise even slowly. Already for example the NJ long term fund has 4 cents per share in realized gain...
by Geologist
Sun Aug 06, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Using a donor-advised fund to minimize taxes
Replies: 23
Views: 1464

Re: Using a donor-advised fund to minimize taxes

PS (Yes, there are a few special circumstances where lump summing large contributions to a DAF years in advance can make sense. If one is going from a very high tax bracket, ie 35%+ to a very low tax bracket, ie 15% or less, there is an arbitrage opportunity as you point out. The arbitrage is parti...
by Geologist
Sun Aug 06, 2017 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1570

Re: Why haven't my Series-I Savings Bonds increased in value?

The composite rate for I bonds issued from May 1, 2017, through October 31, 2017, is 1.96% Fixed rate 0.00% Semiannual inflation rate 0.98% Composite rate = [fixed rate + (2 x semiannual inflation rate) + (fixed rate x semiannual inflation rate)] Perhaps it is accrued, but not yet posted? I think t...
by Geologist
Sun Aug 06, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds that don't distribute monthly
Replies: 10
Views: 934

Re: Bond Funds that don't distribute monthly

Plus, they seem to accumulate daily, and therefore wouldn't accomplish what i'm doing either. I'm not 100% sure -- because I've never seen it explicitly stated -- but I think all bond funds are required to work like this. Or, rather, they're required to track accrued interest when the interest gets...
by Geologist
Sat Aug 05, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1570

Re: Why haven't my Series-I Savings Bonds increased in value?

I purchased $10k of Series-I Savings bonds that were issues 5/1/17. They say they have an interest rate of 1.96%, yet my account shows that the value is still precisely $10k. Should they have begun accruing interest yet? https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_irates...
by Geologist
Sat Aug 05, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Treasury Money Market Fund (VUSXX)
Replies: 5
Views: 943

Re: Vanguard Treasury Money Market Fund (VUSXX)

I vaguely remember that this fund always had a higher minimum than the other money market funds, but not (I think) as high as it is now. I think it was raised during the period of extremely low interest rates following the Great Recession. I suppose it is possible the minimum may be reduced in the f...
by Geologist
Sat Aug 05, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1570

Re: Why haven't my Series-I Savings Bonds increased in value?

For the first five years, there is a 3 month interest penalty for cashing them in. Therefore, no interest has accrued yet. When they reach five years old, they will jump in value by 3 months interest to make up.
by Geologist
Sat Aug 05, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard annual fee
Replies: 12
Views: 1669

Re: Vanguard annual fee

Certainly call on Monday. Whether Vanguard is overwhelmed now or not, I have had glitches or errors with them. But then I have had glitches/errors with every financial institution I have ever dealt with ( every one ), so it is just part of the territory. The usual key is recognize it promptly (which...
by Geologist
Sat Aug 05, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard S&P 500 funds
Replies: 19
Views: 1817

Re: Vanguard S&P 500 funds

VFINX was the first, IIRC. VINIX is an institutional fund that is usually obtained through your employer retirement plan (unless you have a spare $5 mill sitting around). I used it with my 403(b) since it is much cheaper than the other non-Vanguard options. It is no more "risky" than the other S&P5...
by Geologist
Thu Aug 03, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Non-match Roth 403b vs matched 403b
Replies: 15
Views: 551

Re: Non-match Roth 403b vs matched 403b

I am assuming you intend to roll your 403b to IRA's because employer plans are subject to RMD's. This includes Roth subaccounts within plans such as 403b's.
by Geologist
Wed Aug 02, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: How can VTMSX be tax efficient with 7% Real Estate
Replies: 8
Views: 913

Re: How can VTMSX be tax efficient with 7% Real Estate

You can also look at the returns before and after tax on just distributions from the Vanguard website: Three years (9.23%; 8.87%); Five years (15.33%, 15.00%); Ten years (8.48%, 8.24%). These calculations assume maximum Federal taxes and no state taxes. What you can say is that this is pretty tax ef...
by Geologist
Wed Aug 02, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: How can VTMSX be tax efficient with 7% Real Estate
Replies: 8
Views: 913

Re: How can VTMSX be tax efficient with 7% Real Estate

Keep in mind that Tax-Managed Small Cap has expenses to pay (even if they are low as a percentage of net assets). The expenses can be paid with non-qualified dividends first so that only qualified dividends are paid out to shareholders.
by Geologist
Sat Jul 29, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Why are there RMDs on ROTH 401ks?
Replies: 19
Views: 2085

Re: Why are there RMDs on ROTH 401ks?

I think your citation challenge is unlikely to be surmountable, unfortunately. As noted, this is something that likely exists because of inaction, not because of action, so you'd have to cite every tax law that didn't add an RMD exemption to Roth 401ks. Hmmm...I am struggling to understand what you...
by Geologist
Sat Jul 29, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - Brokerage & Mutual Fund Accounts
Replies: 9
Views: 841

Re: Vanguard - Brokerage & Mutual Fund Accounts

I could also say that in the past I directed dividends from one mutual fund to another. It has been some years since I have done this, but it isn't possible in the new Brokerage system. Obviously, I can get around this, but it is a minor inconvenience.
by Geologist
Sat Jul 29, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - Brokerage & Mutual Fund Accounts
Replies: 9
Views: 841

Re: Vanguard - Brokerage & Mutual Fund Accounts

How complex is your account setup? People who have trust accounts, or multiple accounts registered differently which are linked to bank accounts which are further titled differently have reported a number of issues. I had a single individual account and the "upgrade" was a complete non-event for me...
by Geologist
Tue Jul 25, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Got a e-mail about Vanguard IRA to Vanguard Brokerage?
Replies: 5
Views: 780

Re: Got a e-mail about Vanguard IRA to Vanguard Brokerage?

In the long run, Vanguard is shifting to this brokerage platform (and will have this one account platform), so like it or not (and I am not enamored of the way transactions are displayed*), you will have to shift. Whether your email is merely an invitation for now or is really a polite way of saying...
by Geologist
Tue Jul 25, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Tax free bonds question
Replies: 8
Views: 686

Re: Tax free bonds question

Keep in mind that for most bond funds (such as the Vanguard muni funds I own or are reported in the same report), the basic total for each state includes not only direct obligations for the state but all bonds from the state. Many (if not most) are issued by non-state entities and would not be affec...
by Geologist
Tue Jul 25, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Stable value fund vs Vanguard Total Bond Market Index
Replies: 27
Views: 3566

Re: Stable value fund vs Vanguard Total Bond Market Index

The problem is not that Savings Bonds are non-marketable, but that they can only be held by individuals. I just checked, 4.7% is in I bonds. So, apparently they can hold I bonds, the how is beyond my ken. This is interesting. An entity, such as a corporation or LLC, can buy I Bonds by opening an en...
by Geologist
Sat Jul 22, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Simple question on Donor Advised Fund at Vanguard
Replies: 7
Views: 651

Re: Simple question on Donor Advised Fund at Vanguard

For my mother's account, it is a separate logon as the Charitable Foundation is a separate corporate structure from Vanguard proper.
by Geologist
Sat Jul 22, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: How leveraged should your US market investments have been?
Replies: 16
Views: 1745

Re: How leveraged should your US market investments have been?

Forum policies discourage posting naked links. Please include an explanation or summary.
by Geologist
Thu Jul 20, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should you tell your employers your age if you look too young?
Replies: 14
Views: 1348

Re: Should you tell your employers your age if you look too young?

With my current employer, we have to complete an I-9. I don't see how you can provide documentation that satisfies that form that doesn't also include your birthdate. In addition, there are fringe benefits that are age-dependent (e.g., you can keep your health insurance with a certain combination of...