Search found 186 matches

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: 28
Views: 3933

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: 2269

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: 2269

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: 74
Views: 5000

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: 1531

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: 4906

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: 7817

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." 8-) Best site for advice a...
by TinkerPDX
Sun May 21, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7817

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: 4387

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: 1044

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: 1648

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: 89292

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: 2855

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: 11073

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: 11775

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: 8
Views: 832

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: 5252

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: 7084

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: 2943

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: 77
Views: 6863

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: 77
Views: 6863

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: 8503

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: 1133

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: 77
Views: 6863

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: 6376

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: 3885

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: 4418

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: 4394

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: 4394

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: 5908

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: 4200

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: 17450

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: 3079

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: 16997

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: 2426

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...
by TinkerPDX
Fri Feb 24, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing -> Market Crash and rebalancing
Replies: 42
Views: 2426

Re: Rebalancing -> Market Crash and rebalancing

My IPS does not have a limit on rebalancing, though the idea of setting a minimum value of "safe" assets seems worth considering. As for why, I'm early in the accumulation phase, and the difference between having x or 2x or 3x in safe assets now is not nearly as relevant to what my ability...
by TinkerPDX
Fri Feb 24, 2017 1:02 am
Forum: Investing - Help with Personal Investments
Topic: S&P at 22 times multiple
Replies: 40
Views: 5094

Re: S&P at 22 times multiple

Price = Earnings*(1+g) / (k-g) where g is the growth rate and k is the required rate of return. So P/E is (1+g) /(k-g) You'll note that in a zero growth company, P/E is simply 1/k . So, if we make some assumption that the required rate of return on an equity security today is, say, double the 10 ye...
by TinkerPDX
Thu Feb 23, 2017 1:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Portland, Oregon
Replies: 118
Views: 33052

Re: Master Thread for Portland, Oregon

CynthiaCPdx wrote:Yes, my husband and I have volunteered to coordinate this year and are hoping to provide a speaker. See you in March.


Thanks for taking it on Cynthia. Hoping I can make it to one of these gatherings soon!
by TinkerPDX
Thu Feb 23, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5620

Re: Credit card: Cash versus Flight Miles

I recently got the travel bug and I've read some threads on how to use/churn cads but I don't think that I've ever seen anyone ask the question about whether, dollar for dollar, is someone better off using a cash back card (like AMEX Blue Preferred) and then using the cash to fly or whether using a...
by TinkerPDX
Wed Feb 22, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: What are they trying to sell me here?
Replies: 27
Views: 3082

Re: What are they trying to sell me here?

Thank you all for the insightful responses. I figured something was fishy and the wording does make it sound like some type of whole life policy. No thanks. I'm going to continue to stay the course. Nisiprius's comment is making me feel like I should just avoid the event all together. Glad I can tr...
by TinkerPDX
Wed Feb 22, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiate lowball offer? (new job)
Replies: 47
Views: 4339

Re: Negotiate lowball offer? (new job)

I wouldn't utter a peep about wanting/deserving a raise until you've confirmed what you could get elsewhere. Your assertion that you could make 50% more doesn't square with your choice to take $42k at the temp gig to begin with. If you really want to negotiate a higher salary, you need to prove you ...
by TinkerPDX
Wed Feb 22, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: "High conviction investing"
Replies: 26
Views: 1759

Re: "High conviction investing"

More broadly I would say standard Boglehead 3-fund portfolio kind of allocation can be said to be relatively high conviction on broad stock and bond performance (market beta, term risk, etc.), relatively low conviction or outright skepticism on relative stockpicking, discretionary active, maybe oth...
by TinkerPDX
Tue Feb 21, 2017 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 69
Views: 7283

Re: Is 60/40 too conservative for 31 year old?

Have you played with any Monte Carlo simulations to see what the historical differences of your AA changes would be? Might be a useful exercise to see how they would have worked out in the past. Agreed. OP, in my experience, what you'll find is that the biggest impact on the portfolio "success...
by TinkerPDX
Tue Feb 21, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 22963

Re: Extreme Valuations, and why you should reconsider

dcarste, it seems as though it is definitely right for you to take more "off the table" by reducing your exposure to equities, since articles like this one give you pause. for me, and I think for bogleheads generally, the approach is to have an AA that is right for us regardless of what th...
by TinkerPDX
Sun Feb 19, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Good strategy? [Roth IRA fund selection]
Replies: 21
Views: 1171

Re: Good strategy?

Two questions. 1. I have a roth with the following. ISHARES CORE S&P U.S. GROWTH ETF (IUSG) ISHARES MSCI EMERGING MARKETS ETF (EEM) ISHARES RUSSELL MID-CAP GROWTH ETF (IWP) ISHARES RUSSELL 1000 GROWTH ETF (IWF) ISHARES RUSSELL 1000 VALUE ETF (IWD) ISHARES RUSSELL 2000 GROWTH ETF (IWO) SPDR S&am...
by TinkerPDX
Sun Feb 19, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Student Debt
Replies: 26
Views: 2981

Re: Student Debt

For those going into BigLaw, I'd recommend a year emergency fund. Depending on your practice, you can find yourself on the outside looking in for a very long time if you lose your job, the firm goes under, or the partner you work for leaves. And the government isn't hiring. BigLaw is big money but ...

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