Search found 146 matches

by Hogan773
Mon Aug 07, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Any reason NOT to convert my Mom's account to the single Vanguard Brokerage account?
Replies: 1
Views: 371

Any reason NOT to convert my Mom's account to the single Vanguard Brokerage account?

Like the title says, she still has the separate fund account and brokerage account for her IRA. Any reason not to just click to consolidate? At this point are you giving up anything? I know at the margin it would be simpler to have one account and one set of tax forms etc. Just wondering if there is...
by Hogan773
Wed Jul 26, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 6227

Re: Can real estate investing (actual properties) be relatively "hands off"?

I could see myself, perhaps if my job situation changed or I was entering retirement, branching out to buy individual rental properties knowing that the management of same can give me some hobby outlet. But right now, with a job and lots of other family obligations, it doesn't feel right to saddle ...
by Hogan773
Wed Jul 26, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 6227

Re: Can real estate investing (actual properties) be relatively "hands off"?

^^^^ I couldn't agree more, I love tangible income-producing assets. For the rents vs. market value, I personally barely made any income my first two years of owning my rental property. After some time, rents naturally increase and I can even refinance to lower my mortgage and generate more free ca...
by Hogan773
Wed Jul 26, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: Crowdfunding real estate?
Replies: 26
Views: 2974

Re: Crowdfunding real estate?

Small amounts wouldn't move the needle on your total return. So why bother? I keep coming back to this thought too. What's the point of messing around with 5 or 10 or 15K in one of these high-expense and low-transparency vehicles? I would never think for one moment to invest $1,000,000 into one of ...
by Hogan773
Tue Jul 25, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 6227

Re: Can real estate investing (actual properties) be relatively "hands off"?

Let me give you my personal experience as owner of both, real estate and stocks. In 2013, I bought a town home with a down payment of roughly $32,XXX. Today that investment has grown into roughly $75-80K (talking about equity, excluding any RE fees and taxes if I sold it right now). Not a bad retur...
by Hogan773
Tue Jul 25, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 6227

Re: Can real estate investing (actual properties) be relatively "hands off"?

I own several properties directly. The properties I own are self managed. The work needed is minimal for the most part, but more when there is tenant turnover. I enjoy following the ups and downs of the real estate market, looking for good cash flowing deals. Most months I simply track the electron...
by Hogan773
Fri Jul 14, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tony Robbins new book Unshakeable
Replies: 21
Views: 2664

Re: Tony Robbins new book Unshakeable

This guy never accomplished anything other than telling others to accomplish things. All he does is stand in front of people and tell them to be awesome. What has he done before public speaking that made him the go to expert on how to be great? Its a scam. Its great he gives people confidence but o...
by Hogan773
Fri Jul 14, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tony Robbins new book Unshakeable
Replies: 21
Views: 2664

Re: Tony Robbins new book Unshakeable

The ultimate late night infomercial expert was Tom Vu. Nobody can touch him, in my opinion. His infomercials had it all....rags to riches, make your money in real estate, don't let your loser friends stand in the way of your dreams, make it happen for yourself. Just attend my free seminar to begin c...
by Hogan773
Wed Jul 12, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

... The guy was apparently floating various annuities and long term care and probably whole life policies to create "wealth that can be passed to your heirs tax-free" ... Annuities, long-term care insurance and life insurance on average won't save any estate taxes except to the extent that the pres...
by Hogan773
Fri Jul 07, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

Or your mom might live to be 100 and spend it all on long term care. Or re-marry and leave it all to her new husband. Or have a car accident and lose it all to a lawsuit. Or donate it to a new favorite charity. Or spend it sending all her grandkids to college. Or something else. If it were $10 mill...
by Hogan773
Fri Jul 07, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 11047

Re: Last 80 minutes of my career

Enjoy next Monday!

On Tuesday, apply to become an Uber driver so you can avoid being bored and make some extra money on the side :wink:
by Hogan773
Thu Jul 06, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

One of the biggest advantages of getting the inheritance in trust rather than outright is asset protection. Given the frequency of divorce, one would want to protect these assets from an ex spouse. I hope it is within the forum rules to point out that Congressional committees have passed major chan...
by Hogan773
Wed Jul 05, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

No federal estate tax issues with $1 m gross estate. No federal GST tax issues with $1m gross estate even if give it all to grandchild. Potential federal income tax issues with Traditional IRA especially if trust is beneficiary - taxed at ordinary income and trusts reach highest tax brackets quickl...
by Hogan773
Wed Jul 05, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

It does sound like your mom will seek out an adviser if you get hit by a truck. Therefore, perhaps at least make a suggestion that she turn to Vanguard PAS should something happen to you. This would be someone whom she could talk to about various financial subjects without you worrying that she wou...
by Hogan773
Wed Jul 05, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

... As to the above from BSteiner, I will have to check her will (she had a new one updated a couple years ago after Dad died) and see what it does. So you are saying rather than just leaving the money 50/50 to my sibling and me, it should create two trusts, one for each of the siblings, and then w...
by Hogan773
Wed Jul 05, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

Another potential reason not to switch title. Real estate taxes are often discounted (homestead, elderly, retired or what not designation). May well lose such a discount with a title change. My sisters and I are just finishing the sale of a small collection of house and empty lots after our father ...
by Hogan773
Wed Jul 05, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Re: Quick gut-check on Estate Planning/Protection for Mom

... My Mom attended a "seminar" at her local community center where the presenter was proposing ways to "minimize estate taxes" and similar such items. ... She has just a bit over 1 mil in assets, basically all in IRA. She also owns a house worth probably 250K and a car. What I immediately told her...
by Hogan773
Wed Jul 05, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Quick gut-check on Estate Planning/Protection for Mom
Replies: 24
Views: 1949

Quick gut-check on Estate Planning/Protection for Mom

Hi all - My Mom attended a "seminar" at her local community center where the presenter was proposing ways to "minimize estate taxes" and similar such items. Currently I help my Mom with her investments after my Dad passed. We moved her out of the financial planner model and over to Vanguard where we...
by Hogan773
Thu Jun 22, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 4828

Re: Is VG Total Stock Market Index too concentrated?

The hatred for individual stocks is strong. Now people are hating the index funds holding a "high" percentage of certain stocks. Isn't the reality that the index fund will shuffle these stocks as performance of each goes up or down? Losers are replaced with winners. First world complaint? yes, when...
by Hogan773
Thu Jun 22, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 4828

Re: Is VG Total Stock Market Index too concentrated?

...and freaking FACEBOOK are the "economic engines" of this country, doesn't make me feel great about it. Let's just put it this way, I probably would never go out and just buy tens of thousands of dollars of Facebook stock. If you did this at FB IPO you'd be sitting pretty happy right now... Haha ...
by Hogan773
Thu Jun 22, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 4828

Re: Is VG Total Stock Market Index too concentrated?

You're still pretty well diversified so I wouldn't worry too much. But, you're right. By buying TSM or S&P 500 you're directly investing more in large cap stocks, and also in tech & financials. It seems arbitrary to say that large cap stocks will perform better, and that tech & financial stocks wil...
by Hogan773
Thu Jun 22, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 4828

Re: Is VG Total Stock Market Index too concentrated?

yeah guys like I said "I get it" that indexing is indexing....not suggesting that I am trying to pick stocks. And I do diversify...by having 25-30% bonds in my portfolio, and within my stock allocation I have 20% international stocks. I also tilt with some mid-cap and small-cap index holdings. I als...
by Hogan773
Thu Jun 22, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 4828

Is VG Total Stock Market Index too concentrated?

I have been making some major shifts today to sell stocks in my tax deferred accounts and replace with bonds, and replace bonds with stocks at the same time in my taxable account As I am rebuying the stocks and just having another look to compare Total Stock Market Index vs a few other stock holding...
by Hogan773
Wed Jun 21, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

How should I think about the choice between a Stable Value Fund and the Vanguard Total Bond Market Index fund? Both are 0.03% expense ratio Returns are as follows: 1 yr: Stable 2.07% vs VG 1.49% 3yr: Stable 2.10% vs VG 2.49% 5yr: Stable 2.19% vs VG 2.16% The plan information about the Stable Value F...
by Hogan773
Wed Jun 21, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

I re-read the Boglehead Wiki on tax placement, and it is not at all simple to understand. One thing that it mentions is because short bonds have such low yields, the income tax impact of having them in taxable isn't even that big a deal. The idea is that *if* short bonds are going to be part of you...
by Hogan773
Tue Jun 20, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

I re-read the Boglehead Wiki on tax placement, and it is not at all simple to understand. One thing that it mentions is because short bonds have such low yields, the income tax impact of having them in taxable isn't even that big a deal. The idea is that *if* short bonds are going to be part of you...
by Hogan773
Tue Jun 20, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

Maybe I should actually hold all my bond exposure in those accounts, and thus put stock exposure in the 401K and pension for now as those can be rolled into an IRA? Sounds good to me. I will face capital gains in the bond positions that I am selling in the taxable. Sounds like a hypothetical. Have ...
by Hogan773
Tue Jun 20, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

Next, about 50% of my overall "tax deferred" money is in some non-401K accounts that have grown over time. They are basically deferred comp accounts. I see these as different than a pension account and 401K account as I cannot roll them over. So at retirement or separation from my employer (if befo...
by Hogan773
Tue Jun 20, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

If all of my bonds are in 401K and everything in taxable is stocks, then if stocks fall and I want to buy more stocks, where do I do it? Buy some stocks in my 401K with some of my bond money? There would be no extra money in my taxable account to move into stocks. That's what I would do and it is a...
by Hogan773
Tue Jun 20, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

I think some others just repeat the mantra assuming "you don't want to get taxed on the monthly distributions from a bond fund, ergo you must put all bond funds in a tax deferred account" and it never rang true to me, since I can earn monthly returns from muni funds that are not taxed. Hogan773, A ...
by Hogan773
Fri Jun 16, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

If your 401(k) and IRA are 30% of your assets, why on earth do you need to have any bond funds in your taxable account? If I am in the top tax bracket and the muni funds income distribution yield is higher than the regular bond funds on a tax-adjusted basis then why is it so bad to have some bonds ...
by Hogan773
Fri Jun 16, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds To Use in Taxable Portfolio
Replies: 29
Views: 4143

Re: Bond Funds To Use in Taxable Portfolio

If your 401(k) and IRA are 30% of your assets, why on earth do you need to have any bond funds in your taxable account? If I am in the top tax bracket and the muni funds income distribution yield is higher than the regular bond funds on a tax-adjusted basis then why is it so bad to have some bonds ...
by Hogan773
Thu Jun 15, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 4868

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

Hi All My mother is interested in Vanguard High-Yield Corporate Fund Investor Shares VWEHX. She wanted me to ask the forum members for their thoughts regarding the viability of this fund. Best Wishes, Hef Saf It's a good fund of its kind. It is somewhere in between bond funds and stock funds in ter...
by Hogan773
Thu Jun 15, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Opening 529's for my kids. Am I missing anything?
Replies: 13
Views: 2468

Re: Opening 529's for my kids. Am I missing anything?

You don't need to have 4 separate accounts. There is a lot of flex to transfer between accounts later, or create new accounts later, or retitle an account from one child to another. If you are paying any significant cost on a PER ACCOUNT basis (like periodic maintenance fees) then I would consider n...
by Hogan773
Thu Jun 15, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Disability Ins- Resident physician
Replies: 5
Views: 632

Re: Disability Ins- Resident physician

I would talk with someone who knows these policies. There are a few people who advertise over on White Coat Investor. We used one, LK, who was knowledgeable and helpful. Maybe you will get lucky here and someone will know. I found that it was much harder to shop for physicians disability insurance f...
by Hogan773
Fri Jun 09, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 4490

Re: How Much for 529 Plan

Hogan773, Are you going to adjust your AA based on the changes at Bright Start? I have an account (no children yet) with, what looks like, a similar AA as you. The new funds look like a good change. Thoughts? Not sure - haven't looked closely. It does appear that they are going to offer a new capab...
by Hogan773
Fri Jun 09, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Internaational [VXUS] & All World ex-US [VEU]: Twins separated at birth?
Replies: 14
Views: 1283

Re: Vanguard Total Internaational [VXUS] & All World ex-US [VEU]: Twins separated at birth?

Agree with posters above. I suspect that one of the prime reasons for keeping it, rather than mere inertia, is that it is darn convenient for tax loss harvesting in a taxable account. Don't know if that is their reason but I agree - keep them both around - I like having "different" funds to pair of...
by Hogan773
Thu Jun 08, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2781

Re: Buy car in cash ... or invest / lease

Hogan773 has good advice ..... we purchased the last day of the month (as dealers get incentives from manufacturer based on volume, so are generally more motivated at the end of the month/quarter) ... started two days earlier with 10 dealers via internet only (no in person no telephone conversation...
by Hogan773
Thu Jun 08, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2781

Re: Buy car in cash ... or invest / lease

Thank you all There's s dealership nearby I may pop in for a chat / test drive. Again, no need for the car til December so I'd rather "shop" with no pressure. Thanks again! (How are they in snow? I went from Audi to Jeep Grand Cherokee ... I hope I'm not taking my AWD for granted) Good idea to go e...
by Hogan773
Thu Jun 08, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 4490

Re: How Much for 529 Plan

Gamma Ray wrote:What is the AA for the younger kids' fund?
Both of them are on 100% Equity Index right now. (12yr old and 9yr old)
by Hogan773
Wed Jun 07, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: [News about changes to the Illinois 529 plan]
Replies: 10
Views: 2427

Re: A Letter From the Illinois State Treasurer

I was happy to see this email. Illinois' fund expenses were already low-ish to begin with (for the Index options at least) but lower is better, I always say! I see they changed away from Oppenheimer too. That is a good move and will make some people happy who remember when Oppenheimer screwed the po...
by Hogan773
Wed Jun 07, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 4490

Re: How Much for 529 Plan

As a follow up here, I ended up creating a second account for Child #2. It is conveniently shown all together with my original account on the website. I will fund that #2 account now going forward. To answer some of the other issues discussed here, in my 529 at least, I verified that I can move mone...
by Hogan773
Wed Jun 07, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2781

Re: Buy car in cash ... or invest / lease

wondering if they'd lower the price if I offered to pay in full ... never really considered doing this, but now in a position to do so (helps being over the whole "luxury car" thing) again, I have til December was just trying to get the boglehead consensus. thinking larger down payment / smaller mo...
by Hogan773
Tue Jun 06, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10719

Re: P2P Lending - Anyone try it?

I'm not scared that I am going to LOSE all the money, although I guess that could theoretically be possible if we are really just holding claims to Lending Club. However that would mean that Lending Club would have to have some level of fraud or huge amount of hidden debt that is senior to our clai...
by Hogan773
Mon Jun 05, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10719

Re: P2P Lending - Anyone try it?

I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25% Where do you see the IRR on the site? I have not been able to find it. My bad - it is not listed as IRR. I went to the site and it is very prominent on the front page when you log into your a...
by Hogan773
Mon Jun 05, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: TLH or not? [Tax Loss Harvesting]
Replies: 15
Views: 1196

Re: TLH or not?

Let me clarify, I have $100,000 in G & L that I've realized. Far more gains and some losses that are still to be harvested if & when appropriate. Hope this helps. I'm glad you brought up YTD performance. I'm somewhat embarrassed to admit that I haven't checked until now. Only knew in the most gener...
by Hogan773
Mon Jun 05, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10719

Re: P2P Lending - Anyone try it?

I continue to sell off my tiny LC account. I'm invested opposite everyone I've ever seen. Mostly A loans with some B and more C. No write offs, 1 late payment over 2 years, well over 10% return. I note guys like MMM do much riskier notes and then are surprised with all the write offs. I've kept tra...
by Hogan773
Mon Jun 05, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10719

Re: P2P Lending - Anyone try it?

I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25% Where do you see the IRR on the site? I have not been able to find it. My bad - it is not listed as IRR. I went to the site and it is very prominent on the front page when you log into your a...
by Hogan773
Fri Jun 02, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10719

Re: P2P Lending - Anyone try it?

Resurrecting - I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25% Agree that interest income is taxable at marginal rates. I have found the tax reporting to be quite simple re: capital losses....they provide a total for each of the capital gai...
by Hogan773
Fri Jun 02, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Timing the market? :Bonds in rising interest rate environment
Replies: 22
Views: 2495

Re: Timing the market? :Bonds in rising interest rate environment

I only know that everybody is talking about a rising rate market...as they've done for the last 10 years. Haha indeed! I have been "positioned" for rising rates for many years now, hunkering down in very short term stuff like Short Term Tax Exempt and Limited Term Tax Exempt. Yes we got a nice pop ...