Search found 2112 matches

by Munir
Mon Sep 26, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: Christine's article today on RMD's...a question to bogleheads
Replies: 22
Views: 2101

Re: Longevity annuities

My question is, have any bogleheads done the longevity annuity at 70 1/2 for reasons similar to mine? Birdsong: When my wife and I were about 80, we purchased two Single Premium Immediate Annuities (SPIAS) for several reasons: * They pay about 10%/year income for life (using-up principal). * No mor...
by Munir
Sun Sep 25, 2016 8:56 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 123
Views: 16932

Re: [Vanguard Core Bond Fund opens to investors]

Lady Geek: I see two inflation bonds in the Vanguard URL you posted. They are #1 and #10 in the top 10. Their total is 5.79%.

Have we solved the riddle of the discrepancy in the numbers? Is it all timing (date of record) and/or market value vs. total share classification?
by Munir
Sun Sep 25, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 123
Views: 16932

Re: [Vanguard Core Bond Fund opens to investors]

When in doubt, go to the source. Vanguard doesn't put this level of detail in the personal investor site, you need to use the "financial advisor" site. Vanguard: Core Bond Fund Admiral Shares (VCOBX) --> Composition --> Holding details Morningstar is here: Vanguard Core Bond Fund Admiral ...
by Munir
Sat Sep 24, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 123
Views: 16932

Re: [Vanguard Core Bond Fund opens to investors]

M* says that only 0.79% of the Core Bond Fund's holdings are TIPS (under portfolio). What am I missing?
by Munir
Sat Sep 24, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 123
Views: 16932

Re: Vanguard Core Bond Fund

Total Bond--the Vanguard Total Bond Market Index Fund, VBMFX and other share classes--does not include municipal bonds. People gripe about the fund's name. However, the fund tracks the Barclay's U.S. Aggregate Float-Adjusted Index, which in turn is based on the U.S. Aggregate Index, which Barclay's...
by Munir
Sun Sep 18, 2016 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: My bond portfolio - Comments
Replies: 21
Views: 2231

Re: My bond portfolio - Comments

I admire your independent thinking and agree with your general philosophy. It has become dogma on our BH site to repeat the TSM, TBM, and Total International combination as the ideal portfolio for all. Another mantra is take your risk in stocks and therefore avoid corporate bonds. The dissenting vo...
by Munir
Sat Sep 17, 2016 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: My bond portfolio - Comments
Replies: 21
Views: 2231

Re: My bond portfolio - Comments

I admire your independent thinking and agree with your general philosophy. It has become dogma on our BH site to repeat the TSM, TBM, and Total International combination as the ideal portfolio for all. Another mantra is take your risk in stocks and therefore avoid corporate bonds. The dissenting voi...
by Munir
Fri Sep 09, 2016 3:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3145
Views: 736957

Re: U.S. stocks in freefall

It's interesting that only sellers of stocks (or those who have been waiting in the wings for a buying opportunity) in the last two weeks are posting today. Who was buying stocks in the last two weeks- if anyone? :confused
by Munir
Mon Sep 05, 2016 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Re: Vanguard Core Bond Fund

One area that has not been discussed is performance. While acknowledging the caveat that past performance does not predict future performance, it still remains a factor in decision making for me. Otherwise, why publish performance numbers at all. The Intermediate Investment Grade (VFIDX) and the Int...
by Munir
Sun Sep 04, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Re: Vanguard Core Bond Fund

In conclusion, is the Core Fund more risky than the Intermediate Investment Grade (VFIDX) and the Intermediate Bond Index (VBILX)? We know that VBILX has more interest rate risk according to M* (but not Vanguard) probably because of its longer duration, but is the credit risk for all three funds the...
by Munir
Sat Sep 03, 2016 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Re: Index vs. Managed Bond Funds?

Do you consider the Vanguard Intermediate Investment Grade fund (VFIDX) a managed fund? Do you think this core fund's style of management is similar to it? Hi Munir, My understanding is this fund is a managed fund (i.e. active management) and not an index fund. In terms of the fund's management sty...
by Munir
Sat Sep 03, 2016 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Re: Vanguard Core Bond Fund

Appreciate all the comments. What hasn't been touched on is that if one is 30/70 equities/bonds, a slight increase in the total return of the bonds is much more significant and worthwhile than if the bond segment was lower. Moreover, an increased risk in equities can have disastrous results that don...
by Munir
Fri Sep 02, 2016 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Re: Index vs. Managed Bond Funds?

I wonder how the BH community feels about the relatively new Vanguard Core Bond Fund (VCOBX) that was launched in late March 2016. Munir: I can't speak for the "BH community." However, I've learned that whenever I'm undecided about similar funds, it has been worthwhile to go with an index...
by Munir
Fri Sep 02, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 51
Views: 4659

Vanguard Core Bond Fund

I wonder how the BH community feels about the relatively new Vanguard Core Bond Fund (VCOBX) that was launched in late March 2016. It is an intermediate bond fund managed by three Vanguard veteran managers, has a duration of 5.6 years, an SEC yield of 1.83%, a M* Credit Quality/Interest Rate Sensiti...
by Munir
Mon Aug 29, 2016 5:24 am
Forum: Investing - Help with Personal Investments
Topic: Timing Of Roth Conversion
Replies: 7
Views: 780

Re: Timing Of Roth Conversion

Thank you for the responses.
by Munir
Fri Aug 26, 2016 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Timing Of Roth Conversion
Replies: 7
Views: 780

Timing Of Roth Conversion

What factors should I, a 79 year old retiree, keep in mind in deciding whether to make a conversion of some funds from my TIRA to my Roth assuming that my tax bracket remains the same and that tax rates remain unchanged or higher in the forseeable future? I am planning to rebalance from my equity fu...
by Munir
Sun Aug 14, 2016 3:22 pm
Forum: Personal Consumer Issues
Topic: Request for recommendations: English Mystery TV series
Replies: 74
Views: 4258

Re: Request for recommendations: English Mystery TV series

Scott & Bailey

Vera

Wallander (the Swedish versions)
by Munir
Wed Aug 03, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6660

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Thank you for the explanation. I don't consider CU a "political" organization- scare quotation marks intended :happy . http://consumersunion.org/ Have a look. Then rethink. They are indeed an openly political organization. Political is not evil, but you should recognize it for what it is ...
by Munir
Tue Aug 02, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6660

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content. Pushing a political agenda at the expense of objective reporting...
by Munir
Tue Aug 02, 2016 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6660

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content. Pushing a political agenda at the expense of objective reporting...
by Munir
Tue Aug 02, 2016 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6660

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content.
by Munir
Sun Jul 31, 2016 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6660

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

This thread is sounding like a lynch mob. I don't get the Consumer Reports in print anymore but I subscribe to their online version and have found it very helpful. I consult it before making any significant purchases. I don't find that it covers some areas I'm interested in, but generally the ones i...
by Munir
Sat Jul 23, 2016 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Core Bond Fund Corporate Holdings:Update 5/5
Replies: 11
Views: 1372

Re: Core Bond Fund Corporate Holdings:Update 5/5

The M* Sector Weightings are as of 3/31/16. and the Credit Quality is as of 4/30/16. I wonder why they are not updated yet.

Vanguard has this fund in the middle of the M* x-ray diagram while M* has it in the lower tier and as a BB bond quality. Whom should we believe?
by Munir
Sun Jul 17, 2016 10:14 am
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 209
Views: 13223

Re: Another look at corporate bonds

As a 78 year old retiree with most of my 35/65 equity/fixed Income portfolio in my TIRA, I see no wisdom nor do I have the desire to "take my risks in equities". A mix of Vanguard Intermediate Bond funds (VBILX, VFIDX, & VBTLX) with a moderate cash position is far more secure and produ...
by Munir
Thu Jul 14, 2016 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just using one Balanced Fund for Retirement Income
Replies: 13
Views: 1281

Re: Just using one Balanced Fund for Retirement Income

When you reach 70 1/2 years old, you are obligated to withdraw funds from your TIRA- it's called the RMD (Required Minimum Distribution). If you have only one fund, you will not have the flexibility to choose to withdraw from the one that has appreciated most during the previous year.
by Munir
Thu Jul 14, 2016 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from Roth for short term "loan"
Replies: 10
Views: 705

Re: Withdrawing from Roth for short term "loan"

I knew TIRA can be used for such "loans" but was not aware Roth IRAs can also be used in this fashion.
by Munir
Mon Jul 11, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Selling A Car that Needs A Paint Job
Replies: 13
Views: 917

Re: Selling A Car that Needs A Paint Job

Thank you for all these suggestions. It has been very educational for me. I think the scratches are not too deep but I'm ignorant about such matters. On talking with my car insurance rep, she said that a repair would change my rating if I file a claim and it would be under collision which is a $500 ...
by Munir
Mon Jul 11, 2016 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Selling A Car that Needs A Paint Job
Replies: 13
Views: 917

Selling A Car that Needs A Paint Job

I want to sell my second car but it has extensive scratches on the side from scraping against a concrete column. Should I get it painted before selling to a car dealer (not interested in haggling with private parties) or sell as is? It is a 2013 Subaru Impreza sedan with only 3500 miles.
by Munir
Thu Jun 30, 2016 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Getting rid of international funds
Replies: 83
Views: 6852

Re: Getting rid of international funds

I sold my international equities and bonds about two months ago because I became convinced that they were not needed (agree with Jack Bogle). No TIPS or REITs either. I have a 33% equity position (79 year old retiree). Sleep well at night.
by Munir
Tue Jun 28, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5565

Re: Why is everyone up in arms about Costco's credit transition?

unclescrooge wrote:
miamivice wrote:Or is this just media hype?


This is the media making moutains out of molehills because we're a nation of Kardashian-watching morons and don't really care about real news anymore.


+1.
by Munir
Thu Jun 23, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: Why are mid-caps doing so well for now?
Replies: 7
Views: 822

Re: Why are mid-caps doing so well for now?

golfallday wrote:Mega-caps (SPY) are +3.09% YTD...Small-caps (IWM) are +3.45% YTD...while Mid-caps (MDY) are +8.26% YTD. Any thoughts on why mid-caps are currently doing so well? I'm quite pleased as the Mid-Cap 400 is part of my equity allocation in my 457 plan, but I can't figure it out.


Ask Mel :happy
by Munir
Wed Jun 22, 2016 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?
Replies: 24
Views: 1572

Re: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?

I re-read the M* article with the interview of Jack on corporate bonds dated October 2015 earlier this morning but it is unavailable now. He said he had used the Intermediate Bond Index and the Intermediate Corporate Bond Fund (0.25% purchase fee). He also said if one wants to keep a fund like Total...
by Munir
Wed Jun 22, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?
Replies: 24
Views: 1572

Re: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?

My question is I note that the VCIT (Vanguard Intermediate Corp bond fund) recommended by Mr Bogle as an alternative to the Total Bond fund that he believes is over invested in US Treasuries is up nearly 6% for last 12 months, and Year to date. No idea why corporate bonds are doing so well right no...
by Munir
Mon Jun 20, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX almost dead -- balance paid early?
Replies: 34
Views: 3027

Re: Costco AMEX almost dead -- balance paid early?

2% for both online and in store purchases. Thank you. I just found the same information on the costco.com web site. I conclude that I would get the same 2% whether I charge it to the new Citi Costco Visa or to the Citi Double Cash MasterCard. The only difference is that the Costco Visa will not cre...
by Munir
Mon Jun 20, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX almost dead -- balance paid early?
Replies: 34
Views: 3027

Re: Costco AMEX almost dead -- balance paid early?

If I use the new Costco Citi Visa card for a purchase from costco.com online, do I get the same 2% award as does a purchase from a Costco store? Or is costco.com considered a department store and I will get only 1%?
by Munir
Fri Jun 17, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1491

Re: VBILX or VBTLX?

What is the downside of MBS? Look up the history of Countrywide. Or just go watch the movie "The Big Short." However, this isn't relevant to the mortgage-backed bonds in Total Bond Market Index; they are GNMAs, guaranteed by the Treasury. The downside they have is that the actual duration...
by Munir
Fri Jun 17, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1491

Re: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]

Is the convexity issue a theoretical drawback or has it been documented to be a drawback to funds that own MSBs? If it's a real proven drawback, why would anyone still invest in Total Market Bond Fund?
by Munir
Fri Jun 17, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: 60:40 is dead: Charles Sizemore
Replies: 51
Views: 6237

Re: 60:40 is dead: Charles Sizemore

Yes, 60/40 is dead. Long live 40/60 (for retirees anyway)- maybe even 30/70.
by Munir
Thu Jun 16, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1491

Re: VBILX or VBTLX?

Bob B wrote:
seanmerron wrote:
mongstradamus wrote:Another issue i would take into account with Vanguard Intermediate term bond vs total bond fund is if you want MBS in your bond fund or not. At least thats what i was looking at when i was looking at bond funds.


MBS?


Mortgage Backed Securities


What is the downside of MBS?
by Munir
Mon Jun 13, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1859
Views: 453922

Re: What Book Are You Currently Reading? Part VI

A Rage For Order by Robert Worth is a 2016 book discussing the current political conditions in the Middle East by a former N.Y. Times reporter. He describes the conditions that lead to the Arab Spring uprisings and their aftermath. I found him knowledgeable and easy to read.
by Munir
Sat Jun 11, 2016 4:24 pm
Forum: Investing - Theory, News & General
Topic: "The Folly of Predicting the Direction of Interest Rates (and Almost Anything Else)"
Replies: 5
Views: 1141

Re: "The Folly of Predicting the Direction of Interest Rates (and Almost Anything Else)"

After admitting erroneous advice, what do we learn from that on where to go from here?
by Munir
Fri Jun 10, 2016 11:48 am
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 123
Views: 7872

Re: Your shopping strategy for new tires?

Should I get an alignment when I buy a new set of tires? Costco does not do alignments.
by Munir
Thu Jun 09, 2016 12:54 pm
Forum: Personal Consumer Issues
Topic: CostCo Citi card arrived. But we didn't apply for it.
Replies: 31
Views: 3202

Re: CostCo Citi card arrived. But we didn't apply for it.

Will the credit limit on the old Amex Costco card be automatically transferred to the new Citi Visa Costco card or will Citi create a new credit limit? If the latter, how will they decide that since they did not ask for financial info from the Costco customers?
by Munir
Tue Jun 07, 2016 3:30 pm
Forum: Personal Consumer Issues
Topic: CostCo Citi card arrived. But we didn't apply for it.
Replies: 31
Views: 3202

Re: CostCo Citi card arrived. But we didn't apply for it.

The Costco Citi card is actually pretty good. 4% on Gas, 3% on Restaurant and Travel, 2% on Costco, and 1% on everything else. It does come in the form of reward at Costco once per year, so if you want it more often or dislike that as a reward, then it's not great...but otherwise, really pretty goo...
by Munir
Fri Jun 03, 2016 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Which 529 plan are you using?
Replies: 61
Views: 6066

Re: Which 529 plan are you using?

I use the Oregon 529 College Savings Plan because of the state tax credit. Would not recommend it for out-of-state people because of its fees and mediocre performance. For owners of 529s who are grandparents, I strongly recommend this recent article by Kitces: https://www.kitces.com/blog/grandparent...
by Munir
Fri Jun 03, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Advice - Challenge CFP Recommended Allocation?
Replies: 19
Views: 1430

Re: Asset Allocation Advice - Challenge CFP Recommended Allocation?

We had determined an overall allocation of 75/25 (ages 38, 39) across all our accounts (401K, 457b, 2x Roth IRAs, Taxable Account at Vanguard), and were aiming for the following allocation with our current funds: 26% BND/Total Bond Market 51% VTSAX 23% VTIAX trystero: In my opinion, your Three-Fund...
by Munir
Mon May 30, 2016 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Strategy
Replies: 8
Views: 906

Re: Asset Allocation Strategy

Start at 80:20 in one's youth and end at 30:70 when over ?75- and stay there. These numbers are averages/guidelines that can be adjusted for individual circumstances.
by Munir
Mon May 30, 2016 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 2365

Re: Vanguard Core Bond Fund

From the March 31 semiannual report: Credit-quality ratings are obtained from Moody's and S&P, and the higher rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. Not rated securities include a fund's investment in Vanguard Ma...

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