Search found 43 matches

by Money Market
Tue Dec 05, 2017 6:36 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11991

Re: Bonds Are Riskier Than People Think

Its interesting to compare comments from this thread "What have you learned from the lost decade" from 2011 and this thread from 2017 "Bonds are Riskier than People Think" https://www.bogleheads.org/forum/viewtopic.php?t=76356 From the thread in 2011, you see a lot of comments regarding the importa...
by Money Market
Mon Nov 13, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: "A Case Against Over Weighting International Equity"
Replies: 11
Views: 1495

Re: "A Case Against Over Weighting International Equity"

I'm a bit confused here. I thought this forum promotes buy and hold as opposed to market timing. I'm seeing a lot of threads and comments from members here this year stating that they modified their asset allocation to hold more international equities due to high P/E's in the US market. I wonder if ...
by Money Market
Sun Nov 12, 2017 2:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1361

Re: Vanguard Reduces 529 Fees

... Then the dirty little secret, "As described in State Annual Payment, Vanguard and Ascensus College Savings provide an annual payment to the state of Nevada Treasurer’s Office for oversight of Nevada’s 529 Plans." Yup, the State of Nevada has their grubby little hands in the 529 cookie jar. Pret...
by Money Market
Wed Nov 01, 2017 4:37 am
Forum: Investing - Theory, News & General
Topic: Why can US citizen expats not invest w/Vanguard?
Replies: 72
Views: 37818

Re: Why can US citizen expats not invest w/Vanguard?

I wonder if Vanguard detects accounts opened through foreign IP addresses now? That employment question definitely wasn't there when I opened my accounts with them.
by Money Market
Mon Oct 23, 2017 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18345

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Thank you everyone for the responses. It is reassuring to know there are others that feel the same. I feel that my portfolio is simple enough, and will remain in the identical funds I've chosen whether I have $10k or $1mil.
by Money Market
Fri Oct 20, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18345

Does anyone here with net worths north of $1 mil use financial advisors?

According to this guy on reddit (he's in the industry and is pretty vocal there), he claims that for a guy with $1.5 mil of assets, he needs an fiduciary FA for tax-efficient investing. https://www.reddit.com/r/investing/comments/77nvjy/if_etfs_are_so_powerful_and_cheaper_why_doesnt/dongtig/ My thou...
by Money Market
Wed Sep 20, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Custody Question
Replies: 9
Views: 1142

Re: Vanguard Custody Question

I do trust them. With JPM as custodian and PwC auditing the actual assets, everything adds up to me. If you read their annual reports, you can see the auditor's statements.
by Money Market
Tue Sep 19, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Custody Question
Replies: 9
Views: 1142

Re: Vanguard Custody Question

I stumbled on this thread while searching the same question as OP. 1. I was reading this article: https://www.advisorperspectives.com/articles/2017/06/05/the-bernie-madoff-fraud-five-lessons-for-investors-from-the-wizard-of-lies I noticed that Vanguard wasn't mentioned: "Some respected custody hold...
by Money Market
Thu Aug 24, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: State taxes on Vanguard's Tax-Exempt Bond Index Fund
Replies: 8
Views: 791

Re: State taxes on Vanguard's Tax-Exempt Bond Index Fund

You're right. I just searched and it's on page 3

https://www.ftb.ca.gov/forms/2016/16_1001.pdf

What a draconian tax state. And their definition of tax resident is terrible compared to other states. I may reconsider my residency in the near future.
by Money Market
Thu Aug 24, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: State taxes on Vanguard's Tax-Exempt Bond Index Fund
Replies: 8
Views: 791

Re: State taxes on Vanguard's Tax-Exempt Bond Index Fund

Wonderful! Thanks for the info guys. I was under the assumption that they didn't do this for you and you had to literally calculate the proportion of CA munis that make up the fund and multiply that by the annual interest. Luckily the expense ratios we pay covers this administrative task :)
by Money Market
Thu Aug 24, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: State taxes on Vanguard's Tax-Exempt Bond Index Fund
Replies: 8
Views: 791

State taxes on Vanguard's Tax-Exempt Bond Index Fund

The fund in question (VTEBX) was offered in 2015 and is basically an index fund of nation-wide municipal bonds. I noticed that a good chunk of the first several pages of the holdings are California munis. If an investor holding it is a California tax resident, how do taxes on the interest work out? ...
by Money Market
Sun Jul 30, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: What was the expense ratio of Vanguard's S&P 500 fund in 1976
Replies: 17
Views: 2540

Re: What was the expense ratio of Vanguard's S&P 500 fund in 1976

I just took a look through the SEC website. This is for VFINX (investor shares) and refers to the total ER

2008 - 0.15%
2009 - 0.18%
2010 - 0.18%
by Money Market
Sun Jul 30, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: What was the expense ratio of Vanguard's S&P 500 fund in 1976
Replies: 17
Views: 2540

Re: What was the expense ratio of Vanguard's S&P 500 fund in 1976

Thanks! It sure came a long way down! I looked at the thread and saw that their SEC filings indicated they raised their ER during 2008/2009. Interesting.
by Money Market
Sun Jul 30, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: What was the expense ratio of Vanguard's S&P 500 fund in 1976
Replies: 17
Views: 2540

What was the expense ratio of Vanguard's S&P 500 fund in 1976

I can't seem to find the fund's historical expense ratios on Google. I'm curious about the expenses, front/back load fees, and 12b-1's.
by Money Market
Sun Jul 23, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard backdoor ROTH - Exchange vs Convert to Roth options
Replies: 18
Views: 2594

Re: Vanguard backdoor ROTH - Exchange vs Convert to Roth options

And another suggestion is to always convert into a new (empty) Roth. This is so recharacterizations can be done simply should the stock market take a dive later in the year. If you put the money into a Roth that already holds assets, all the money will be considered co-mingled and a recharacterizat...
by Money Market
Sun Jul 23, 2017 4:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard backdoor ROTH - Exchange vs Convert to Roth options
Replies: 18
Views: 2594

Re: Vanguard backdoor ROTH - Exchange vs Convert to Roth options

I did one of each this year- exchanged one and "converted to Roth" the other. Both worked fine. Hey WCI, If I open a new tIRA and contribute $5,500, and then select "convert to Roth" next week the entire $5,500, does the tIRA still exist in my Vanguard account with a $0 balance? Or do I have to ope...
by Money Market
Tue Jun 27, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: TIPS or no TIPS again
Replies: 47
Views: 3805

Re: TIPS or no TIPS again

I used to consider 20% of my bond allocation for TIPS after retirement, but then decided to stick to a 50/50 stock/nominal bond allocation after age 60 until forever. I feel the slight extra in the stock allocation will be sufficient to guard me against inflation over the long-term as well as to all...
by Money Market
Fri Jun 23, 2017 5:34 am
Forum: Investing - Theory, News & General
Topic: Why bonds when one's investment horizon is long?
Replies: 59
Views: 4989

Re: Why bonds when one's investment horizon is long?

I'm curious for the veteran members of this board/the previous morningstar group. This board existed when the 2008/9 crisis hit. How many people were making threads or asking a lot of questions regarding their 100% stock portfolio plummeting? I'm wondering because after an 8 year bull-run, it seems ...
by Money Market
Wed Jun 21, 2017 4:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard risk tolerance survey blunder.
Replies: 41
Views: 4886

Re: Vanguard risk tolerance survey blunder.

My feeling is that the surveys tend to overestimate an individual's risk tolerance, thus the recommendations will inevitably lead to a more aggressive investment portfolio than the client might be comfortable with. In my own experience, I took the risk survey at my favorite mutual fund company. The...
by Money Market
Sun Jun 18, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Bond type composition of the entire US bond market
Replies: 8
Views: 1186

Bond type composition of the entire US bond market

The index that Vanguard Total Bond Index Fund (VBTLX) tracks an index that includes only treasuries, government agencies, and other investment-grade bonds, but excludes TIPS and junk bonds. I am wondering if there's a nice chart and index available that shows the actual total US bond market composit...
by Money Market
Sat Jun 17, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Questions regarding TIPS funds
Replies: 5
Views: 794

Re: Questions regarding TIPS funds

Your stock allocation and rental income would protect you just fine. Those are two very good assets that have historically beat inflation.
by Money Market
Sat Jun 17, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 8552

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Thanks for the info. But, those all look like they only pay those rates for the first $10k/15/5k, respectively. The rates then drop off quite dramatically. I am looking to park quite a bit more than that, the blended rate would be significantly less than Ally rate. I suppose i could split into mult...
by Money Market
Sat Jun 17, 2017 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 8552

Re: Ally Bank No penalty CD for parking cash, is there a catch?

I personally use Northpointe bank (5% on $10,000), Lake Michigan Credit Union (3% on $15,000), and Insight prepaid card (5% on $5000) as parking for my emergency​ funds. NP and LMCU are rewards checking accounts so you have to satisfy 10-15 debit card purchases and direct deposit requirements. If yo...
by Money Market
Wed Jun 14, 2017 3:02 am
Forum: Investing - Theory, News & General
Topic: How does the fiduciary rule affect Vanguard?
Replies: 4
Views: 1241

Re: How does the fiduciary rule affect Vanguard?

Their product mix is unlikely to cause any breach of fiduciary duty so I think they're safe in that department. However as a broker the implementation of the rule (additional paperwork, training, and compliance) won't be friendly to their margins which are already razor thin. Bummer.. right after t...
by Money Market
Mon Jun 12, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: How does the fiduciary rule affect Vanguard?
Replies: 4
Views: 1241

How does the fiduciary rule affect Vanguard?

For retirement accounts and Vanguard Advisory Services, I'd imagine there is some impact, but I can't find any discussion on the matter other than VG wanting to delay its implementation. While I'm assuming this new rule won't make a difference to VG customers due to their corporate structure (owners...
by Money Market
Sun May 28, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Custody Question
Replies: 9
Views: 1142

Re: Vanguard Custody Question

Thanks for the help. Yeah, I did take a good look at the content and the Wiki on this site, but I was just thrown off a bit from the Vanguard account protection page. Your explanation clarified it.
by Money Market
Sun May 28, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Custody Question
Replies: 9
Views: 1142

Re: Vanguard Custody Question

I see. I think I understand now. The brokerage actually owns the assets in your name (hence SIPC protection), whereas I own the shares which represent ownership of the mutual fund. So my assets (the shares) are held by the custodian, VBS.
by Money Market
Sun May 28, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Custody Question
Replies: 9
Views: 1142

Vanguard Custody Question

I know from reading several prospectuses that mutual fund assets are held by a separate custodian as required by law (JPMorgan Chase in Vanguard's case). But reading this link https://investor.vanguard.com/investing/account-protection and seeing Securities in your brokerage account are held in custo...
by Money Market
Wed May 17, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: How to construct an index from a set of stocks?
Replies: 3
Views: 481

Re: How to construct an index from a set of stocks?

Thanks, I'll follow the second method you suggested. Now the trick is the outstanding shares per day. Do you know where I can get that information? Or is it based on volume?
by Money Market
Wed May 17, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: How to construct an index from a set of stocks?
Replies: 3
Views: 481

How to construct an index from a set of stocks?

There's about 20 stocks in the real estate sector for a developing market that I'd like to create an index for. There is no REIT index for that country, and there are few enough REITs that I could handle the data. I am sourcing historical prices from Yahoo Finance. My plan is to create a market-cap ...
by Money Market
Mon May 01, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is NOW an okay time?
Replies: 15
Views: 2602

Re: Is NOW an okay time?

When I bought VTSAX at $49.81, it was an all-time high. Same for VBTLX, VBILX. My last purchase of VTSAX was at $58.94, about 1.98% below the 52-week high. I didn't want to think or care about timing the market. I did fine, and these were all lump-sum purchases. Dollar-cost average in if you're fear...
by Money Market
Wed Apr 19, 2017 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Planning for Retirement while Claiming Foreign Earned Income Exclusion
Replies: 11
Views: 1113

Re: Planning for Retirement while Claiming Foreign Earned Income Exclusion

I am in my late twenties and currently working abroad, claiming the Foreign Earned Income Exclusion on my federal taxes. This means that I am not eligible to contribute to an IRA. There is also no 401k plan or matching contribution scheme from my employer. Essentially, it is all up to me. Generally...
by Money Market
Sat Apr 15, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: [Humor] I attended an REIT picking seminar today
Replies: 4
Views: 1055

Re: [Humor] I attended an REIT picking seminar today

Hahaha! Maybe that's why he got so annoyed.

By the way, I absolutely loved your book, Taylor. Great stuff!
by Money Market
Sat Apr 15, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: [Humor] I attended an REIT picking seminar today
Replies: 4
Views: 1055

[Humor] I attended an REIT picking seminar today

Today I attended an investment seminar on valuating REITs. The speaker was a fund manager for some real estate company and he was teaching us how to determine what REITs were worth investing. I didn't learn anything though because he said a lot of obvious things and told us to calculate a bunch of f...
by Money Market
Sat Apr 15, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Where to park Emergency Fund?
Replies: 32
Views: 3364

Re: Where to park Emergency Fund?

Counter to what some people believe here, I've been looking at low risk bonds to keep some emergency funds in a taxable account. Haven't settled on most optimal risk/return, but looking at short term corporate vs intermediate term corporate/bnd vs municipal tax-exempt (federal vs state specific als...
by Money Market
Fri Apr 14, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Where to park Emergency Fund?
Replies: 32
Views: 3364

Re: Where to park Emergency Fund?

We have $30,000 parked at Lake Michigan Credit Union in their 3% Max Checking account. It requires some hoops for the 3% rate that I set on autopilot: 10 debits per month (refill amazon gift card); ACH deposit ($10 transfer set up with our other bank); 4 account log ins (checking YNAB or Personal C...
by Money Market
Thu Apr 06, 2017 3:29 am
Forum: Investing - Help with Personal Investments
Topic: When should one start including TIPS in their bond allocation?
Replies: 7
Views: 968

Re: When should one start including TIPS in their bond allocation?

I'm 28 at the moment, but my goal at the moment is to maximize returns through stocks. I'm at 85% stocks/15% bonds VTSAX/VBILX/VBTLX. Since during retirement I'm more concerned about preserving capital, I am more concerned about inflation then, but I was also wondering if I should start preservation...
by Money Market
Thu Apr 06, 2017 2:10 am
Forum: Investing - Help with Personal Investments
Topic: When should one start including TIPS in their bond allocation?
Replies: 7
Views: 968

When should one start including TIPS in their bond allocation?

I am planning to have 20% of my bond allocation in TIPS for safety purposes in retirement (age 67). However, the decision to buy them at age 67 is arbitrary. I am wondering what would an appropriate age to start implementing the 20% TIPS allocation to my bonds? This is what I intend to have at age 6...
by Money Market
Fri Mar 17, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Expat Wanting to Invest in US Mutual Funds
Replies: 17
Views: 2285

Re: Expat Wanting to Invest in US Mutual Funds

So, I could probably log into Vanguard now, type in my family's American address and pay them with my American account and la di da, unless they didn't like me logging in from abroad. Do keep in mind that, if you do that, you'll technically be committing fraud. It's something that I think many brok...
by Money Market
Thu Mar 16, 2017 10:39 am
Forum: Investing - Theory, News & General
Topic: Expat Wanting to Invest in US Mutual Funds
Replies: 17
Views: 2285

Re: Expat Wanting to Invest in US Mutual Funds

However, I have no idea what the potential ramifications are if I am found out. By filling in my family's American address as my residence, am I lying? I do 'live' there when I visit and I use it for all of my US-based needs, after all, but I don't go to sleep and wake up there every day. Could Van...