Search found 5230 matches

by SpringMan
Sun Jun 25, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: ETFs or Mutual Funds for an inexperienced investor
Replies: 32
Views: 1559

Re: ETFs or Mutual Funds for an inexperienced investor

I strongly prefer mutual funds. Not because I am an inexperienced investor but for other reasons. One being you can't buy an exact dollar amount of an ETF, you must buy an integer amount. Another is mutual funds with dividends reinvested show up the following day, T+1, and ETFs don't T+3. I own VSS...
by SpringMan
Sun Jun 25, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: ETFs or Mutual Funds for an inexperienced investor
Replies: 32
Views: 1559

Re: ETFs or Mutual Funds for an inexperienced investor

I strongly prefer mutual funds. Not because I am an inexperienced investor but for other reasons. One being you can't buy an exact dollar amount of an ETF, you must buy an integer amount. Another is mutual funds with dividends reinvested show up the following day, T+1, and ETFs don't T+3. I own VSS ...
by SpringMan
Sun Jun 25, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 5546

Re: Your Favorite Vanguard Fund

Many good Vanguard funds are available but to name some not mentioned already, any managed by PRIMECAP (VHCOX, VPMCX, VPCCX). These are still open to Flagship clients but VHCOX and VPMCX are limited to $25k per year which make it harder to get admiral shares. VPCCX has no admiral shares and no $25k ...
by SpringMan
Fri Jun 09, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Why You Still Can’t Trust Your Financial Adviser
Replies: 54
Views: 5629

Re: Why You Still Can’t Trust Your Financial Adviser

Many financial advisors paid by assets under management will not recommend taking a pension vs a cash buyout. They want to manage the cash buyout, they can't make any money from your pension. Assets under management advisors usually don't recommend paying off a mortgage for similar reasons. These po...
by SpringMan
Sun Jun 04, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Please explain how Medicare Billing works?
Replies: 62
Views: 4031

Re: Please explain how Medicare Billing works?

Higher income means higher rates for medicare. Currently the cutoff is $170,000 for filing joint and $85,000 otherwise. If an EOB is wrong call your doctor's office.
https://www.ssa.gov/pubs/EN-05-10536.pdf
by SpringMan
Sat Jun 03, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: VHT vs VGHCX in taxable account
Replies: 21
Views: 3627

Re: VHT vs VGHCX in taxable account

Index funds are generally more tax efficient than actively managed funds. Another difference is the actively managed fund has some international, the ETF is US companies only. I also agree with posters that say no sector fund is necessary. Of the two choices, maybe VHT.
by SpringMan
Sat Jun 03, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4154

Re: Time to Move Away from 3-Fund Portfolio?

If you have a joint taxable account, if one spouse passes, be sure the survivor re-adjusts the cost basis for a step up based on the value of each holding at the time of death. 50% of each position would get a cost basis step up. I don't know of brokerages do this automatically, they should. It com...
by SpringMan
Sat Jun 03, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4154

Re: Time to Move Away from 3-Fund Portfolio?

If you have a joint taxable account, if one spouse passes, be sure the survivor re-adjusts the cost basis for a step up based on the value of each holding at the time of death. 50% of each position would get a cost basis step up. I don't know of brokerages do this automatically, they should. It comp...
by SpringMan
Sat Jun 03, 2017 7:59 am
Forum: Investing - Help with Personal Investments
Topic: DODGX - sell or keep [Dodge & Cox Stock Fund]
Replies: 33
Views: 4319

Re: DODGX - sell or keep [Dodge & Cox Stock Fund]

I thought I would add that VBS gives one access to PIMCO institutional funds which normally require $1,000,000 minimums for a much lower $25,000 minimum. They are not NTF (no transaction fee) but Flagship clients can use one of their free trades. I am a fan of PIMIX, Pimco Income Institutional. Sinc...
by SpringMan
Wed May 31, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Capital - Phone Discussion
Replies: 29
Views: 2693

Re: Personal Capital - Phone Discussion

Any Boglehead that wants alternative investments can have them with DBC (commodities) and VNQ (REITs). I asked them what they used for alternatives. Save your .89% IMO.
by SpringMan
Tue May 30, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: old Canadian money
Replies: 13
Views: 1238

Re: old Canadian money

They are worth more than face value because I believe they are 80% silver. Maybe some have numismatic value as well.
by SpringMan
Mon May 29, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's similar to Fidelity Puritan
Replies: 4
Views: 441

Re: ETF's similar to Fidelity Puritan

If you look at Vanguard's lineup, as far as I know none of their actively managed funds have ETF counterparts--there is no Wellington ETF, no Windsor ETF, no GNMA ETF. Vanguard Mortgage-Backed Securities ETF (VMBS) has GNMA and US agency backed securities but you are right, not actively managed
by SpringMan
Fri May 26, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: New car doc fees
Replies: 42
Views: 2814

Re: New car doc fees

For what it is worth, 2017 Dodge Journey is the vehicle in question.
by SpringMan
Fri May 26, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: New car doc fees
Replies: 42
Views: 2814

Re: New car doc fees

Salesman had agreed to eat half the doc fee but insists the whole 210 is reflected in the paper work.
by SpringMan
Fri May 26, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: New car doc fees
Replies: 42
Views: 2814

Re: New car doc fees

Thanks for the replies. The model I was looking at had incentives, 4000 for cash, 6000 if financed. I could finance as little as 6000 and still be eligible for the 6000. The rate was 4.9% and I was told after 90 days I could pay off the loan with no prepayment penalties. Seems worth it but I have sa...
by SpringMan
Fri May 26, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: New car doc fees
Replies: 42
Views: 2814

New car doc fees

Please educate me. I am in the process of buying a new car. Price is cut and dry with an employee discount through son. Dealership sales person said the doc fee was $210 in MI. He said it is mandated by the state and non negotiable because it goes to the state much like sales tax. I googled this and...
by SpringMan
Fri May 19, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Int'l Investing as % of Total Equity Side
Replies: 7
Views: 842

Re: Int'l Investing as % of Total Equity Side

I think you are following Jack Bogle's recommendation. He prefaces his statement with "if you must have international" and 0% is less than 20%. I see no reason to change. Keep in mind VGSLX is tax inefficient and is best held in a tax advantaged account, ditto for VBILX.
by SpringMan
Fri May 19, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: REITs: Count as Stocks or Bonds?
Replies: 49
Views: 3142

Re: REITs: Count as Stocks or Bonds?

One of the issues I have with Personal Capital is their classification of REITs as alternatives. They lump REITs along with commodities as alternatives. It messes up my stock / bond ratio. I don't invest in commodities or a REIT specific fund. Of course REITs are included in index funds.
by SpringMan
Fri May 19, 2017 5:30 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 7853

Re: Milestone and not peeking. . .

Congrats. For the record though I am not a fan of the no peeking guideline. If Vanguard or whomever screws up, well bad news does not get better with age so I want to know about it ASAP.
by SpringMan
Thu May 18, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: RMD start
Replies: 7
Views: 900

Re: RMD start

I don't think Vanguard will allow RMD setup until December of the year before. My spouse has to make a 2017 distribution and I (authorized) was not able to set it up until Dec 2016. My RMD starts in 2018 and plan on contacting Vanguard in December 2017. We will be taking the RMD all in December. Our...
by SpringMan
Sat May 13, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's safest all-equity fund
Replies: 59
Views: 5239

Re: Vanguard's safest all-equity fund

VMNVX, Vanguard's Global Minimum Volatility fund gets my vote. Its about 60% US, 40% foreign with goal of minimum volatility.
by SpringMan
Wed May 10, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Account
Replies: 9
Views: 1301

Re: Vanguard Brokerage Account

My understanding is Vanguard is gradually switching all their clients to brokerage accounts. I have mine switched over a while back. One advantage is availability of Vanguard ETFs which are free to trade. Another is the availability of Non Vanguard funds, some free to trade some not. One glitch was ...
by SpringMan
Sun May 07, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: sump pump issue
Replies: 13
Views: 1378

Re: sump pump issue

Just wanted to recommend to those with city water that a water driven backup pump may be a better solution than a battery backup. No battery to go dead.
by SpringMan
Mon May 01, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 32
Views: 4815

Re: Schwab Vs. Vanguard?

The Vanguard Institutional Total Stock Market (VITNX) has an expense ratio of 0.04% https://personal.vanguard.com/us/funds/snapshot?FundId=0870&FundIntExt=INT Your link also shows that VITNX has a $100,000,000 minimum. Perhaps some have access through a company specific 401k but few Bogleheads ...
by SpringMan
Mon May 01, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: does vanguard give a transfer bonus
Replies: 12
Views: 1748

Re: does vanguard give a transfer bonus

If you want a bonus and a waiver for account closing fees, try Fidelity. Vanguard does not do either of those to my knowledge. What is a "waiver for account closing fees"? Vanguard does not access account closing fees, no waiver needed. Vanguard won't reimburse closing fees another firm c...
by SpringMan
Sat Apr 29, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 23
Views: 2166

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

I closed an e*trade account and at the time there was a $60 account closing fee. Fidelity reimbursed the fee but talk to them first to verify. Be careful not to create an unplanned taxable event. Stocks should transfer in-kind. Fidelity will undoubtedly offer some free trades but Fidelity has recent...
by SpringMan
Thu Apr 27, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: VTI vs VTSAX (ETF vs Mutual Fund)
Replies: 6
Views: 871

Re: VTI vs VTSAX (ETF vs Mutual Fund)

I would keep what you have. You can't convert an ETF to a mutual fund. You could convert VTSAX to VTI but that is not what you asked. To sell one and buy the other could trigger a taxable event. The expense ratio is the same for both.
by SpringMan
Tue Apr 25, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Do you have a Billiards Table?
Replies: 5
Views: 908

Re: Do you have a Billiards Table?

We had a 8 foot Gandy pool table in our basement for years when my kids where growing up. It got lots of use for several years. Eventually the kids moved out and got married. I gave the pool table and accessories to my oldest son and he set it up in his basement. He had girls and they were not inter...
by SpringMan
Fri Apr 21, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 37729

Re: Larry Swedroe says "Goodby."

You will be missed, as is Rick Ferri.
by SpringMan
Sun Apr 16, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best fund for international bonds
Replies: 4
Views: 566

Re: Best fund for international bonds

For good active management on the bond side give PIMCO a look. Vanguard brokerage has PIMCO institutional funds available with 25K minimums. Vanguard has no multi-sector bond funds. I own PIMIX which is multi-sector and has an expense ratio of .45%. Flagship clients can use one of their free trades ...
by SpringMan
Fri Apr 14, 2017 4:57 pm
Forum: Personal Consumer Issues
Topic: What do you do with your coins?
Replies: 76
Views: 4645

Re: What do you do with your coins?

I use a gallon sized antique bottle embossed Wegener & Sons Detroit Michigan. It has a removable cork so I can pour out change or drop change into it. Neck of bottle easily accepts quarters, probably nothing bigger.
by SpringMan
Fri Mar 31, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard Portfolio tool accurate?
Replies: 16
Views: 1592

Re: Is Vanguard Portfolio tool accurate?

One should also consider that Vanguard and Morningstar have different definitions of small, mid, and large caps.
by SpringMan
Thu Mar 30, 2017 7:55 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 193
Views: 28744

Re: John Bogle on international

Our international is 22% of equities and Vanguard flags this with a "consider 30% to 50% international" alert in their portfolio watch tool. I think the amount of international one holds falls into two of Taylor's quotes. 1. There are many roads to Dublin. 2. When experts disagree, it like...
by SpringMan
Wed Mar 29, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: opinions on VNQ? [Vanguard REIT Index]
Replies: 11
Views: 1118

Re: opinions on VNQ?

VNQ is inexpensive and is a good fund. I think shopping malls might be a drag on the REIT index. People don't go to malls like they used to. Rising interest rates may also be a head wind.
by SpringMan
Fri Mar 24, 2017 4:44 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 49
Views: 1682

Re: Vanguard's website is down (for me anyway)

I see this is a duplicate post, user chipperd and others have the same problem..
by SpringMan
Fri Mar 24, 2017 4:36 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 49
Views: 1682

Vanguard's website is down (for me anyway)

Strange behavior this morning on Vanguard. Logged in but can't display balances or even logoff. Reminds me of the Eagles song Hotel California. Hope this is not a sign of things to come. By the way, the time stamp on the main Bogleheads board is off by 1 hour, not on daylight saving time. When post ...
by SpringMan
Thu Mar 23, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Flagship access to closed funds?
Replies: 8
Views: 1147

Re: Flagship access to closed funds?

I tried out some scenarios on Vanguard's website. Dividend Growth is indeed closed to Flagship and comes up grayed out. PRIMECAPs are open to Flagship, but Cap Opp and PRIMECAP are limited to 25K per year. Looks like there is no max limit on PRIMECAP Core.
by SpringMan
Thu Mar 23, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Flagship access to closed funds?
Replies: 8
Views: 1147

Flagship access to closed funds?

I recall PRIMECAP managed Vanguard funds being available to Flagship clients though they are closed to others. PRIMECAP core fund has no admiral shares, Cap Op, and PRIMECAP do. My recollection is there is a max of 25K per year allowed on the ones with admiral shares. Tried Vanguard's website and al...
by SpringMan
Sun Mar 19, 2017 4:45 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity (probably)
Replies: 51
Views: 5161

Re: Moving from Vanguard to Fidelity (probably)

Be sure to ask Fidelity about moving any taxable account positions in-kind to avoid a taxable event. Vanguard will allow conversion of equity index funds to their corresponding ETFs for free which is not a taxable event. Vanguard ETFs can definitely by transferred in-kind. At Fidelity buying or sell...
by SpringMan
Fri Mar 17, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: VWELX [Vanguard Wellington]
Replies: 40
Views: 3712

Re: VWELX [Vanguard Wellington]

"The Wellington fund is almost immediately dismissed on the board because it is not a true index fund, but I don't think its returns can be so easily dismissed" I agree with respect to returns part, though many Bogleheads give Vanguard's low cost actively managed funds a pass. I own Welles...
by SpringMan
Sat Mar 11, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Why do reviewers love the Dell XPS 13 but users don't?
Replies: 67
Views: 7831

Re: Why do reviewers love the Dell XPS 13 but users don't?

Personally I don't think reviewers do a just job on their reviews. Take Leo Laporte for example, he reviews technology on his TWIT TV podcasts and radio show. He buys almost every high end phone, laptop etc. There is not enough time in his day to adequately and objectively review the products he buy...
by SpringMan
Sat Mar 04, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Do Boglehead DIY or Pay a Professional?
Replies: 95
Views: 8013

Re: Do Boglehead DIY or Pay a Professional?

Glenn Haege, a radio talk host on home improvement, says that the best tool in your tool box is often your checkbook. I mostly agree but not when it comes to investing. You get what you don't pay for when it comes to investing. For some, those that would bail at the bottom of a bear market, an advis...
by SpringMan
Fri Mar 03, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Great Portfolio Analzer
Replies: 16
Views: 1972

Re: Great Portfolio Analzer

Yes, they will try to talk you into letting them manage your assets. They do take no for an answer and you don't lose the free analyzer. I have a Boglehead portfolio of Vanguard index funds and actively managed Wellesley and Intermediate Investment Grade bond fund. I don't hold any foreign bond fund...
by SpringMan
Thu Mar 02, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund or Wellesley for a "set it and forget it" newbie?
Replies: 19
Views: 2032

Re: Balanced index fund or Wellesley for a "set it and forget it" newbie?

A better fund for comparison to Balanced Index fund would be Wellington (65/35) rather than Wellesley (35/65). Wellington has a value tilt to their stock sleeve and Balanced Index has no tilt to theirs. Wellington's bond sleeve has more corporate bonds. There is the active vs passive consideration t...
by SpringMan
Fri Feb 03, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1493

Re: Computer for elder novice

Do realize that e-mail is one of the most productive means for fraudsters to get in touch with grandma. The local "scam squad" receives dozens of complaints from seniors who have suffered financial loss over the computer. The obvious scams and "phishing" that we as frequent user...
by SpringMan
Thu Feb 02, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Wellington (VWELX) at Fidelity
Replies: 5
Views: 1117

Re: Wellington (VWELX) at Fidelity

sport wrote:If the fund is closed to new investors, you cannot buy it at Vanguard or Fidelity. However, Vanguard does not show the fund as being closed.

It is not closed at Vanguard but it is closed to new investors elsewhere unless done in-kind when transferring in.
by SpringMan
Thu Feb 02, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Wellington (VWELX) at Fidelity
Replies: 5
Views: 1117

Re: Wellington (VWELX) at Fidelity

Also admiral shares (VWENX) are not available at Fidelity even if you otherwise qualify. Fidelity will allow in-kind transfer of investor shares (VWELX). I have heard that if you hold admiral shares, Vanguard can demote the shares to investor class for you so you can transfer. My recollection is Fid...
by SpringMan
Wed Feb 01, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: STAR Fund
Replies: 11
Views: 2328

Re: STAR Fund

You can save some costs, assuming you have enough $, by using admiral shares of the underlying funds of Star. Star fund uses investor shares even when admiral shares are available. Unlikely most indexers would want to complicate their holdings with so many active funds.
by SpringMan
Fri Jan 27, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETFs vs. Mutual Funds
Replies: 10
Views: 942

Re: Vanguard ETFs vs. Mutual Funds

Mutual funds can be setup with Vanguard for automatic investment options where you can automatically have $x dollars invested periodically. Vanguard can transfer dollars from your bank at your desired time interval. This can not be done with ETFs. ETFs must be purchased in whole integer amounts. Fra...

Go to advanced search