Search found 198 matches

by TinkerPDX
Tue Sep 19, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 16
Views: 1271

Getting father-in-law off of UBS & its 1.5% AUM fee

I have seen lots of good suggestions here about helping some family member or another see the light of focusing on lower fees and diversification. My father-in-law is a classic case of paying for poor performance; his UBS advisor charges him 1.5% (even though his portfolio is 7 figures), and has him...
by TinkerPDX
Mon Aug 21, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1017

Re: Optimizing Roth/Traditional in mixed account

I apologize if this is implied in your response, but it should be clarified that it's not worth 25% less if you are in the 25% bracket, but rather worth less based on an individual's EFFECTIVE tax rate which should be much less for most investors. So $1 in traditional may be worth 88cents in a roth...
by TinkerPDX
Sun Aug 20, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1017

Re: Optimizing Roth/Traditional in mixed account

If you will retire in a 25% tax bracket, then $4000 in a traditional account and $3000 in a Roth account will have the same after-tax value when invested the same way, so there is no advantage to holding bonds or stocks in one or the other. $3500 in an account which is half Roth would also be equiv...
by TinkerPDX
Sat Aug 19, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 15799

Re: Jobs that pay over $100,000

Rather than trying to pick a field with high salaries, he should avoid college majors and fields that are known to offer low salaries and poor prospects for advancement. Agree - not about picking a career now, but about maximizing chances for a lucrative career later, i.e., avoiding factors that wi...
by TinkerPDX
Sat Aug 19, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1017

Re: Optimizing Roth/Traditional in mixed account

If you will retire in a 25% tax bracket, then $4000 in a traditional account and $3000 in a Roth account will have the same after-tax value when invested the same way, so there is no advantage to holding bonds or stocks in one or the other. $3500 in an account which is half Roth would also be equiv...
by TinkerPDX
Thu Aug 17, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1017

Optimizing Roth/Traditional in mixed account

Assuming there's an optimization benefit of having lower expected growth investments in traditional and higher expected growth investments in Roth (which makes sense to me), what is one to do about mixed accounts? My employer 401k is at Schwab (which is generally great - I can do personally-directed...
by TinkerPDX
Tue Aug 15, 2017 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 1649

Re: How much coverage should I buy in an umbrella liability policy

Imho you want a policy with limits high enough that a settlement offer at policy limits will end a lawsuit, thus protecting your assets. $2mm (plus any applicable auto, homeowners, etc) is going to do that in almost all cases. Exception is high-value damages (high earner death, extreme pain and suff...
by TinkerPDX
Tue Aug 15, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 1649

Re: How much coverage should I buy in an umbrella liability policy

You want a policy with limits high enough that a settlement offer at policy limits will end a lawsuit, this protecting your assets. $2mm (plus any applicable auto, homeowners, etc) is going to do that in almost all cases. Exception is high-value damages (high earner death, extreme pain and suffering...
by TinkerPDX
Mon Aug 14, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can we slow down then retire?
Replies: 25
Views: 4135

Re: Can we slow down then retire?

Long time lurker and We have been waiting to post this as our financial situation has recently changed considerably. Due to somewhat unfortunate circumstances we have inherited about $300k that made our assets jump considerably and I now wonder if we can retire sooner than later. Our numbers are as...
by TinkerPDX
Thu Aug 03, 2017 12:13 am
Forum: Personal Consumer Issues
Topic: Best "investment tip" I have gotten from Bogleheads
Replies: 47
Views: 7166

Re: Best "investment tip" I have gotten from Bogleheads

Commuter bike > parking, 2nd car, gym membership (and, of course, rush hour traffic)

Iron > sending shirts to cleaner (usually do it while watching a show, so negligible time cost)
by TinkerPDX
Wed Jul 26, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]
Replies: 29
Views: 4497

Re: Stocks just got cheaper... per Vanguard

I wouldn't worry about VG being very prompt and good about fund analytics projections. They only do backward looking earnings, do a fairly conservative handling of 0 and negative earnings and are not very prompt at updating the numbers. There are other sources which specialize in this stuff. The on...
by TinkerPDX
Tue Jul 25, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: Time, not material goods, 'raises happiness'
Replies: 38
Views: 4249

Re: Time, not material goods, 'raises happiness'

Reminds me of a story: I was on the beach fishing when a man approached me and asked why I was only using one line. Why would I use more, I asked. Told me if I used two or three, I might catch enough fish that I could sell them and buy a boat. Why would I want a boat, I asked. Told me with a boat, I...
by TinkerPDX
Wed Jul 19, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]
Replies: 29
Views: 4497

Re: Stocks just got cheaper... per Vanguard

I wouldn't worry about VG being very prompt and good about fund analytics projections. They only do backward looking earnings, do a fairly conservative handling of 0 and negative earnings and are not very prompt at updating the numbers. There are other sources which specialize in this stuff. The on...
by TinkerPDX
Sun Jul 16, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: gaming the mortgage interest deduction
Replies: 18
Views: 2417

Re: gaming the mortgage interest deduction

Your parents would have to be OK paying income tax on the higher level of interest income from the higher interest rate. This one's an obvious answer I didn't realize I was looking for, as even if we could pass muster with a different rate than we'd otherwise use, our marginal tax rates won't be di...
by TinkerPDX
Sun Jul 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: gaming the mortgage interest deduction
Replies: 18
Views: 2417

gaming the mortgage interest deduction

We are preparing to purchase a home from my in-laws, and they will owner-finance. It occurred to me that the payments to them over the term of the mortgage could be identical for different combinations of purchase price and interest rate -- i.e., we could purchase it for X at Y%, or at some price<X,...
by TinkerPDX
Sun Jul 09, 2017 11:27 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 77
Views: 6342

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

The way you are posing the question is backwards (IMO) The logical starting position for investors is to start with market cap weighted stocks. That is called the world stock index. Then you tilt (if desired) in favor of or away from certain sectors (energy, technology, financial whatever) or facto...
by TinkerPDX
Wed Jul 05, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Landlording....
Replies: 12
Views: 1616

Re: Landlording....

There is probably an organization in your jurisdiction that offers forms updated for current law on notice and eviction that you can buy for a few bucks. Worth making sure you do it right, as the law generally favors tenants.
by TinkerPDX
Sun May 21, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?
Replies: 52
Views: 5107

Re: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?

Reinvestment =Compounding growth of investment. I latched on and never looked back. Via reinvestment,Compounding will do the heavy lifting of the portfolio. I do now aren't you concerned automatically reinvesting dividends/income in Taxable could mess up Tax Loss Harvesting when/if needed?? All in ...
by TinkerPDX
Sun May 21, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 8277

Re: Lawyers charging for asking about fees

There are plenty of wonderful lawyers in this world. But, broadly, lawyers have earned their reputation. No sense in arguing. One strategy: "Of course, I'm happy to pay your bill, in full and on time. As soon as I receive it, I'll leave a review for you online." Best site for advice about...
by TinkerPDX
Sun May 21, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 8277

Re: Lawyers charging for asking about fees

I bill for time spent solving client problems/advancing client objectives at a client's request. Whether this lawyer was doing that can't be said from the limited information you provided.
by TinkerPDX
Sat Apr 29, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Benefits and methods for Gradual Rebalancing
Replies: 57
Views: 4630

Re: Benefits and methods for Gradual Rebalancing

We do smaller transactions and as such pay less percentage based transaction costs. Some possible disadvantages: Sounds to me like more transaction costs. If you're paying a %, there's no benefit to more transactions. If you're paying a per-trade fee, more transactions = less fees. Best to have all...
by TinkerPDX
Thu Apr 27, 2017 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating commercial lease- advice
Replies: 12
Views: 1105

Re: Negotiating commercial lease- advice

Everything is negotiable.

Likely worth engaging a broker and/or attorney.
by TinkerPDX
Fri Apr 14, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: The Fool Price
Replies: 8
Views: 1690

Re: The Fool Price

DW and I go back and forth on this. I think that price is an important factor in whether to make any purchase, and sales/discounts change the price, so should therefore impact the decision. DW doesn't think you should ever buy anything because it's on sale/discounted--which to me means you shouldn't...
by TinkerPDX
Wed Apr 05, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 91434

Re: High Earners - What's Your Profession?

Lawyer in a mid-size firm (middle-market city equivalent to big law).
by TinkerPDX
Tue Apr 04, 2017 12:23 am
Forum: Personal Consumer Issues
Topic: Law school-most cost efficient, yet quality, way to get Real Estate law degree?
Replies: 37
Views: 3007

Re: Law school-most cost efficient, yet quality, way to get Real Estate law degree?

What is your career goal here and how did you decide on it? I had a rental property and really enjoyed going over the contracts involved. Sales contracts, rental contracts, etc. I love rules and laws. The order of them makes chaos into manageable bits. I would like to help people with contracts and...
by TinkerPDX
Sat Apr 01, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 11811

Re: Not opting for 529... anyone else?

Key questions for me: 1) are you maxing other tax-advantaged space, which is more flexible; 2) does your state offer any kind of tax incentive. For us, that means when 1) is yes, since 2) is also, it's worth maxing the deductible portion.
by TinkerPDX
Fri Mar 31, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 80
Views: 12191

Re: Currently have $700,000 at 26 years old get $100,000 a year

You are set.

Focus on what you can do to help those who are less lucky.
by TinkerPDX
Thu Mar 30, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?
Replies: 9
Views: 1231

Re: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?

Great question! I'd never thought of it since we put our Fidelity cash-back into the brokerage account, not directly into the Roth. Seems like it must be reported as a contribution to the Roth by Fidelity, so you've got to report it on your return, and therefore have to pay taxes on it as income, ri...
by TinkerPDX
Wed Mar 29, 2017 7:13 pm
Forum: Investing - Theory, News & General
Topic: anyone factor in future inheritance?
Replies: 78
Views: 5510

Re: anyone factor in future inheritance?

I do not. DW's folks will likely leave her something, maybe even six figures. But it's not a certainty, and I'd rather have it "surprise on the upside" then incorporate it into our plans and not have it materialize. On top of that, on my side, my guess is it's more likely we'll be supporti...
by TinkerPDX
Mon Mar 27, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 7417

Re: Weathering sell-off days like today

1) Try to get better at not looking; it doesn't do any good.

2) If you must, look at anything that's up and think "great, it's up," and look at anything that's down and think "great, I can't wait to buy more next [regular investment period, rebalancing date/threshold/etc.]!"
by TinkerPDX
Sun Mar 26, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on my investing strategy
Replies: 32
Views: 3094

Re: Opinions on my investing strategy

AA and plans for saving are great.

Skeptical you can retire in 10-15 years with this plan without exceptionally frugal living - but if you can do it, great!
by TinkerPDX
Sun Mar 26, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Justification for Adding REITs
Replies: 78
Views: 7886

Re: Justification for Adding REITs

I can't get my head around what the numerical equivalent would be between rebalancing at band X% and twice-monthly purchases of Y% of total assets. You'll be more likely to get it into your head when you are withdrawing not accumulating. Sure; I suppose the point is that this will involve selling (...
by TinkerPDX
Sun Mar 26, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: Justification for Adding REITs
Replies: 78
Views: 7886

Re: Justification for Adding REITs

I can't get my head around what the numerical equivalent would be between rebalancing at band X% and twice-monthly purchases of Y% of total assets. You'll be more likely to get it into your head when you are withdrawing not accumulating. Sure; I suppose the point is that this will involve selling (...
by TinkerPDX
Sun Mar 26, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Does your asset allocation derate tax-deferred holdings to account for future tax liability?
Replies: 163
Views: 9259

Re: Does your asset allocation derate tax-deferred holdings to account for future tax liability?

Bogleheads, Does your asset allocation derate tax-deferred holdings to account for future tax liability? What are your arguments for or against doing so? I think I recently saw it written that of course nobody would do something like that because it's too complex, but I have it built in to my asset...
by TinkerPDX
Sun Mar 26, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: How Would Factor Investing Have Done In Japan
Replies: 10
Views: 1237

Re: How Would Factor Investing Have Done In Japan

just to add that if you have strong value premium, as is the case in Japan, then should expect weak MOM premium because they are negatively correlated. And that's why they are good diversifiers of each other. Those with heavy value exposure should add MOM and vice versa Isn't the market MOM-heavy a...
by TinkerPDX
Sun Mar 26, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Justification for Adding REITs
Replies: 78
Views: 7886

Re: Justification for Adding REITs

I think the justification is that REITs are less correlated to TSM than some other things, so that REITs can be up or down whether they are found in TSM or not. That means, one can rebalance into them when they are low and rebalance out of them when they are high. Either way, one can make some mone...
by TinkerPDX
Wed Mar 22, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 7077

Re: Vehicles as a percentage of net worth

Tangentially (and since, agreed, this is an expense, not an asset), I think a more interesting number is how much do you spend on transportation (fuel, insurance, car payment if applicable, maintenance, bus fare, bike maintenance -- everything transportation that isn't associated with travel out of ...
by TinkerPDX
Sat Mar 18, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: 15% International Small-Cap vs 30% Total International
Replies: 47
Views: 4151

Re: 15% International Small-Cap vs 30% Total International

thanks Larry Swedroe. I agree, waiting for a intl Vanguard SCV index fund to appear... FNDC, kinda.. higher ER, but if you have a Schwab account, at least there's no transaction fee. Curious what Larry thinks of it (and"fundamental" indexes generally - Schwab has a few funds based on thes...
by TinkerPDX
Sat Mar 18, 2017 7:29 pm
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 4627

Re: Investing in - WATER - thoughts

Just watched the NatGeo special on the California water crisis - http://channel.nationalgeographic.com/water-and-power-a-california-heist/ As a friend pointed out - the wild west has always had its battles around water rights, and now it has been ramped up between the various modern day players. BT...
by TinkerPDX
Mon Mar 13, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: How Do You Share Expenses?
Replies: 52
Views: 4554

Re: How Do You Share Expenses?

We're now a one-income family, so not much splitting. But even before that, most of our accounts were shared. We actually bought our first home in her name only before we were married because of credit issues. We don't budget much, other than making sure we're saving on target, and discussing major...
by TinkerPDX
Sat Mar 11, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: How Do You Share Expenses?
Replies: 52
Views: 4554

Re: How Do You Share Expenses?

We're now a one-income family, so not much splitting. But even before that, most of our accounts were shared. We actually bought our first home in her name only before we were married because of credit issues. We don't budget much, other than making sure we're saving on target, and discussing major ...
by TinkerPDX
Fri Mar 10, 2017 1:08 am
Forum: Investing - Help with Personal Investments
Topic: Investing when market is peaking
Replies: 49
Views: 6156

Re: Investing when market is peaking

Of course you're trying to time. Which would be a good thing if you have knowledge that the market is peaking, rather than it just being at or around a high. Could well be later, much later, not necessarily sooner. Regardless, 30 years from now you're not going to be wondering about that $10,000 to...
by TinkerPDX
Fri Mar 03, 2017 12:33 am
Forum: Investing - Help with Personal Investments
Topic: Keep Financial Advisor or move to 3 Fund Portfolio?
Replies: 48
Views: 4441

Re: Keep Financial Advisor or move to 3 Fund Portfolio?

Ditch the advisor. All those folks who use him and are doing well are most likely doing well because they earn and save a lot of money--enough to do well in spite of the advisor putting them into high-cost funds, not because of it. You're all paying a high price for underperformance. Unless you want...
by TinkerPDX
Wed Mar 01, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 18104

Re: Possibly Financially Independent and Feeling Miserable

There is a middle ground - you don't have to stop earning altogether and commit to 100% retirement; instead, you can start ramping up leisure time and taking more time off of work. (I am assuming if you have saved this much, you are in a profession where you have some control over work volume.) I fi...
by TinkerPDX
Tue Feb 28, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: saving for european vacay in 2055
Replies: 31
Views: 3226

Re: saving for european vacay in 2055

If you're not going to touch it for the next thirty-odd years, then go for the appropriate Target Fund. Personally, I would just invest the $2000 as part of my overall asset allocation, and not have a separate bucket for this. Don't forget to enjoy life "in the here and now" with your wif...
by TinkerPDX
Sat Feb 25, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 206
Views: 17903

Re: What is your overall portfolio weighted expense ratio

0.23%

Includes a 401k (about 1/4 total value)
by TinkerPDX
Fri Feb 24, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing -> Market Crash and rebalancing
Replies: 42
Views: 2582

Re: Rebalancing -> Market Crash and rebalancing

These 50% crash in one days would be spectacular buying opportunities if I was still alive to place an order and if network infrastructure was still working to place orders. Good reminder that a really, really RBD could mean that bonds and stocks are equally worthless... then the well-armed prepper...