Search found 226 matches

by Vanguard Fan 1367
Fri Apr 28, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle: It's Easier to Serve One Master Than Two."
Replies: 4
Views: 907

Re: "Jack Bogle: It's Easier to Serve One Master Than Two."

I am grateful for Jack. I knew nothing about investing. I had major stock market phobia. I paid for advice to go to Morningstar and buy their 5 star rated mutual funds. My first investments were 3 percent load funds. Isn't the magic of index investing great. I appreciate Vanguard letting me get what...
by Vanguard Fan 1367
Fri Apr 28, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: Sell in May and go away - not this year?
Replies: 14
Views: 1923

Re: Sell in May and go away - not this year?

Twas sweet relief to buy and read John Bogle's books. Buy the market and hang on for the ride. Don't even peek at the statements till it is time to retire rebalance. You are right. I think that he made the do not peek statement because it is extremely common for folks to sell when things are going ...
by Vanguard Fan 1367
Fri Apr 28, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Just switched to Vanguard and TOTALLY overwhelmed
Replies: 17
Views: 1363

Re: Just switched to Vanguard and TOTALLY overwhelmed

I agree with others that you made a great choice. I had a Franklin Gold Stock Fund and somehow managed to get probably the cash transferred to Vanguard. I don't remember how I did it but it happened and I survived ok other than when I bought Vanguard's precious metals fund it did not do well. I now ...
by Vanguard Fan 1367
Fri Apr 28, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 32
Views: 2203

Re: Looking For Advice - Move NY -> Tampa?

I agree with those who say that the area you are in Tampa sure makes a difference in the crime. I understand Chicago is that way too, and I wouldn't be surprised if NYC has areas that maybe one should avoid. This isn't current information, but at one time if you didn't like crime Rochester, Minnesot...
by Vanguard Fan 1367
Fri Apr 28, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: Spring Break Trip to Disney World
Replies: 68
Views: 4294

Re: Spring Break Trip to Disney World

2cents2 wrote:I wonder how it all worked out for scienceguy ..


Yes, me too. My family sure enjoys Disney, probably his did too.
by Vanguard Fan 1367
Fri Apr 28, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Expenses Question
Replies: 14
Views: 958

Re: Expenses Question

Just move your 401(k) to a better, less expensive financial institution. Also, you did not state your age and whether your 401(k) plan allows for in-service rollovers. I am 64. I will plan to look at the fine print and see if it allows that. Since this is pretty much the only way that the company m...
by Vanguard Fan 1367
Fri Apr 28, 2017 12:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Jack Bogle Warns Smart Beta May Be Over-Promising
Replies: 2
Views: 642

Re: Vanguard's Jack Bogle Warns Smart Beta May Be Over-Promising

Whatever smart beta is this article sounds like classic Jack. I am glad that I discovered his books 3 years ago. Go ahead and buy the market with low fee index funds and avoid other strategies.
by Vanguard Fan 1367
Fri Apr 28, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: Stay Out Of REITs?
Replies: 31
Views: 2826

Re: Stay Out Of REITs?

Before reading Bogle's books I used to listen to my mother in law, listen to an article in Money magazine, etc. Somewhere I got the advice to buy REITS. The Vanguard REIT has done well. The wife isn't excited about selling it. I am not reinvesting the dividends and would sort of like to ease out of ...
by Vanguard Fan 1367
Thu Apr 27, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Sell in May and go away - not this year?
Replies: 14
Views: 1923

Re: Sell in May and go away - not this year?

Twas sweet relief to buy and read John Bogle's books. Buy the market and hang on for the ride. Don't even peek at the statements till it is time to retire.
by Vanguard Fan 1367
Wed Apr 26, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 53
Views: 4733

Re: Unwinding all positions and buy back after French Elections

Every time that I have been convinced of a big negative impact on the markets, i.e. Brexit, Trump election, etc., I have been wrong. My crystal ball is very cloudy, and in fact, often wrong on these matters. So I will stay the course. Also, the markets will not be flat until the event occurs. So ev...
by Vanguard Fan 1367
Tue Apr 25, 2017 9:19 pm
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 53
Views: 4733

Re: Unwinding all positions and buy back after French Elections

I love Jack Bogle, "don't do something, just stand there." :happy Indeed the hardest part about investing is not doing anything! Epic quote! Is it from a book? The wife and I like to listen to Jack Bogle on YouTube when we travel by car. I am pretty sure that is from one of his talks that...
by Vanguard Fan 1367
Tue Apr 25, 2017 1:41 pm
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 53
Views: 4733

Re: Unwinding all positions and buy back after French Elections

I love Jack Bogle, "don't do something, just stand there." :happy
by Vanguard Fan 1367
Tue Apr 25, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Expenses Question
Replies: 14
Views: 958

Re: Expenses Question

Just move your 401(k) to a better, less expensive financial institution. Also, you did not state your age and whether your 401(k) plan allows for in-service rollovers. I am 64. I will plan to look at the fine print and see if it allows that. Since this is pretty much the only way that the company m...
by Vanguard Fan 1367
Tue Apr 25, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Expenses Question
Replies: 14
Views: 958

Re: Expenses Question

I would pay about 16 thousand more in income taxes but wonder if by the time I pay Social Security and Medicare Taxes it might be close to a wash? Not sure I understand this point. Don't you already pay FICA on your 401k contributions? Seems to me you'd pay that tax regardless. You are right, that ...
by Vanguard Fan 1367
Tue Apr 25, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Expenses Question
Replies: 14
Views: 958

Re: Expenses Question

Would it be better to dissolve the 401k, move it to an IRA at Vanguard where I figure I would save about 7 K a year in fund expenses. (.05 versus .86). No, probably not. Tax deferral is a good thing. You should keep contributing, but maybe you can improve the costs by changing what you are using in...
by Vanguard Fan 1367
Tue Apr 25, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Expenses Question
Replies: 14
Views: 958

Expenses Question

Question: 878000 in assets 401K Expense Ratio .86 % for S & P 500 Index Fund Contribution 48,000 per year. Self employed so the social security 12.4% and medicare 2.9 % taxes get paid on the 48 thousand in contributions. 33 percent Tax Bracket. Would it be better to dissolve the 401k, move it to...
by Vanguard Fan 1367
Tue Apr 25, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 32
Views: 2203

Re: Looking For Advice - Move NY -> Tampa?

My dad moved to Florida from Michigan and never looked back. He moved in 1941 and points out that air conditioning has really opened up Florida. When he moved here air conditioning wasn't common. Your numbers look to me like you will be better off financially here in Florida than New York. I know so...
by Vanguard Fan 1367
Tue Apr 25, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Single Premium Immediate Annuity
Replies: 16
Views: 1298

Re: Single Premium Immediate Annuity

My thoughts on SPIAs are that in this low interest rate environment the returns aren't that appealing. I took a look at what you get per 100k of investing and didn't get all that excited. I remember reading the story of a boxer who blew all his money except for an 800k annuity a number of years ago....
by Vanguard Fan 1367
Tue Apr 25, 2017 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund
Replies: 24
Views: 1348

Re: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund

My best investment for 2016 was FSTVX. I agree, they are doing that basically for free and it has really rocked!
by Vanguard Fan 1367
Mon Apr 24, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 53
Views: 4733

Re: Unwinding all positions and buy back after French Elections

I have been hurt badly trying to time the market. Buy and hold index investing has rewarded me greatly.
by Vanguard Fan 1367
Mon Apr 24, 2017 8:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard Long Term Corporate Bond ETF Question
Replies: 1
Views: 291

Vanguard Long Term Corporate Bond ETF Question

Another thread talked about the cost of trading ETFs. The bid on VCLT is 89.7 ask is 91.42. 90.99 is the "market price" as of this morning, 4/24/17. NAV is 90.88. Is this fund ok to buy as an ETF or would someone be better off buying the equivalent mutual fund and paying the 1 percent fee ...
by Vanguard Fan 1367
Sun Apr 23, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Time savers - life on automation
Replies: 39
Views: 4268

Re: Time savers - life on automation

I used to take the investment advice to have a 5 to 10 stock basket and keep an eye on them.

I appreciate the Bogle advice to buy the market. It saves me time and worry about what might happen to any individual stock.

I enjoy the Roomba 850. The cheaper older Roomba wasn't as nice.
by Vanguard Fan 1367
Sun Apr 23, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1946

Re: Rght Bond fund/s when interest rates rise?

Since we have a Fed that is keeping interest rate increases small I am thinking that for the long term that Vanguard's Long Term Corporate Bond Fund could work out well. Obviously if the Fed cranked interest rates to 13 percent or so that Fund would be a disaster. I am not seeing the Fed doing that.
by Vanguard Fan 1367
Sun Apr 23, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: [Should I get an advisor?]
Replies: 14
Views: 1002

Re: [Should I get an advisor?]

I am glad that you are posting here before getting an advisor. Vanguard has a special kind of magic in my opinion. I have the majority of my savings in Vanguard, but my 401K is not. When I retire I plan to move the 401K to Vanguard and convert it to an IRA. I hope that if you do get an advisor that ...
by Vanguard Fan 1367
Sun Apr 23, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Water Filters -- OEM or Generic?
Replies: 23
Views: 13296

Re: Refrigerator Water Filters -- OEM or Generic?

I bought a three pack of Chinese made water filters for my GE Refrigerator despite reviews talking about the funny taste. The water did taste funny so I use the filter for ice and go to the unfiltered sink for water to drink. As a Boglehead I wasn't too excited about what I remember as about 60 buck...
by Vanguard Fan 1367
Fri Apr 21, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Dividend Loving Widow
Replies: 13
Views: 1867

Re: Help for Dividend Loving Widow

I looked briefly at a website for Baird Investments. You are right to inquire about the fees. It is pretty common for companies to charge 1 percent for Assets Under Management plus have mutual funds with fees of 1 percent or so. I like Vanguard's Wellesley income fund also. If you could talk Mom int...
by Vanguard Fan 1367
Fri Apr 21, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: The Skinny on Dividends
Replies: 11
Views: 2343

Re: The Skinny on Dividends

I like reinvesting. If you decide that you don't want any more of whatever you invest in then it is time to not reinvest and maybe look for some way to change the investment to something else.
by Vanguard Fan 1367
Thu Apr 20, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Best Short Term, Liquid Investments
Replies: 19
Views: 1469

Re: Best Short Term, Liquid Investments

Really appreciate all the feedback. I have looked at VCSH in the past, but it just doesn't seem to offer enough of a premium to what I am getting for the risk involved. Looking back, I obviously wish I had kept everything invested in equities, but at the time, and many times since then, we have put...
by Vanguard Fan 1367
Thu Apr 20, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Fidelity card 2% but NOT as statement credit
Replies: 27
Views: 2531

Re: Fidelity card 2% but NOT as statement credit

I like the Fidelity Visa card so much that I have two. One for business and one for home. In another thread we discuss that you may only be getting 1.5 percent on your deposit and it seems like one of the credit cards give me a 1.5 percent deposit into my Fidelity account and the other one does 2 p...
by Vanguard Fan 1367
Thu Apr 20, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Best surface for garage, epoxy, polished concrete, something else?
Replies: 24
Views: 2554

Re: Best surface for garage, epoxy, polished concrete, something else?

I am enjoying my garage floor in my latest home of epoxy. My other garages have been just regular unpolished concrete.
by Vanguard Fan 1367
Thu Apr 20, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: Evaluating my lack of jitters
Replies: 26
Views: 1648

Re: Evaluating my lack of jitters

I have trouble getting excited about 3 percent bonds when I can invest in Vanguard's High Dividend Index Fund for almost nothing in expense ratio and it has a 3 percent APR. So I have about 12 percent of my portfolio in bonds. In addition to that 12 percent I have another 25 percent in some things t...
by Vanguard Fan 1367
Thu Apr 20, 2017 2:55 pm
Forum: Personal Consumer Issues
Topic: Fidelity card 2% but NOT as statement credit
Replies: 27
Views: 2531

Re: Fidelity card 2% but NOT as statement credit

I like the Fidelity Visa card so much that I have two. One for business and one for home. In another thread we discuss that you may only be getting 1.5 percent on your deposit and it seems like one of the credit cards give me a 1.5 percent deposit into my Fidelity account and the other one does 2 pe...
by Vanguard Fan 1367
Thu Apr 20, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 54
Views: 4801

Re: Visualizing the devastating impact of fees

I believe that John Bogle said that he is looking for returns to be in the 4 percent range going ahead. If the advisor takes 2 percent of that then you are looking at half of the increase lost and with compounding that really adds up over the .03 to .05 percent available with some of today's index f...
by Vanguard Fan 1367
Thu Apr 20, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Tax preparer charging for past tax PDF's copies
Replies: 49
Views: 3407

Re: Tax preparer charging for past tax PDF's copies

To be fair, strictly in terms of time, the amendment probably cost $300. But sometimes in business, I think it's important to consider the implications of something so minor. See the forest for the trees and all that. If you are going to nickel & dime me to death, you better make sure you are t...
by Vanguard Fan 1367
Thu Apr 20, 2017 5:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 332
Views: 33937

Re: Larry Swedroe says "Goodby."

I remember back when I first started posting on internet forums getting deeply hurt by some comment. I appreciate the moderators trying to keep the attacks "moderated." I am sorry to see Larry go, but I can understand wanting to "get a life" and stop spending time giving free adv...
by Vanguard Fan 1367
Thu Apr 20, 2017 5:47 am
Forum: Investing - Theory, News & General
Topic: Bond fund Maturity vs Duration
Replies: 32
Views: 2187

Re: Bond fund Maturity vs Duration

While thinking about this I figured I'd look at another TBM fund beside VBTLX so I checked out Fidelity's (FTBFX). Morningstar doesn't even quote an average maturity for FTBFX. Its duration (5.63) shorter than VBTLX's (5.99). I was therefore surprised by a comparison chart between the two. FTBFX to...
by Vanguard Fan 1367
Thu Apr 20, 2017 5:44 am
Forum: Investing - Theory, News & General
Topic: Bond fund Maturity vs Duration
Replies: 32
Views: 2187

Re: Bond fund Maturity vs Duration

Textbook definition of duration :" A measure of the average life of a bond, defined as the weighted average of the times until each payment is made, with the weights proportional to the present value of the payment." ( Investments, Bodie Kane Marcus, ninth edition.) You could call it the a...
by Vanguard Fan 1367
Tue Apr 18, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: RMD Question
Replies: 6
Views: 685

RMD Question

In another thread someone says that if you are like me and have an IRA at Fidelity and Vanguard that the RMD free service from Vanguard wouldn't be helpful. I am wondering if I do the RMD service at Vanguard and I am guessing Fidelity does one too would that not work? Or do I need to move my Fidelit...
by Vanguard Fan 1367
Tue Apr 18, 2017 7:02 am
Forum: Investing - Theory, News & General
Topic: "Yield surge: Remember the real role of bonds"
Replies: 14
Views: 1873

Re: "Yield surge: Remember the real role of bonds"

I am thinking that if I look at the long term performance of the Vanguard Long Term Corporate Index ETF it is better than the intermediate term. Am I correct in thinking that if I am in it for the long term that there is a chance that I will do ok investing in that ETF? I think you have to start wi...
by Vanguard Fan 1367
Mon Apr 17, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4667

Re: If a doctor takes your insurance, must they accept the negotiated rate?

I would think that if they agreed to take the negotiated rate that they should do that. I wonder if you can find anyone to talk to with a customer service orientation at that office?
by Vanguard Fan 1367
Mon Apr 17, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: "Yield surge: Remember the real role of bonds"
Replies: 14
Views: 1873

Re: "Yield surge: Remember the real role of bonds"

I am thinking that if I look at the long term performance of the Vanguard Long Term Corporate Index ETF it is better than the intermediate term. Am I correct in thinking that if I am in it for the long term that there is a chance that I will do ok investing in that ETF?
by Vanguard Fan 1367
Mon Apr 17, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: How to Avoid Tax Refund Being Seized
Replies: 37
Views: 4355

Re: How to Avoid Tax Refund Being Seized

I am finding this thread interesting. If you have say 200k of student loan debt, which some folks have, and it is compounding at say 6 percent a year and you make 15 bucks an hour you need to find some way to survive. No one is going to jail for student loan debt, but if you have some sort of a tax ...
by Vanguard Fan 1367
Mon Apr 17, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: "Vanguard's free RMD Service: Sign up before you turn 70½"
Replies: 23
Views: 2536

Re: "Vanguard's free RMD Service: Sign up before you turn 70½"

My parents had to pay some penalty because of not doing the RMD. It is a nasty penalty, so consider signing up for the service.
by Vanguard Fan 1367
Mon Apr 17, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9126

Re: Why would anyone want to buy bond funds?

Probably at some point in the past, you would have looked at climate data and concluded that "inevitably" the "long term" trend was up - right before an ice age surprisingly and suddenly showed up. These things happen, and much of what we do is based on observations of only a ti...
by Vanguard Fan 1367
Sun Apr 16, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9126

Re: Why would anyone want to buy bond funds?

If you happened to have a million lying around and wanted 44k a year income it might be something to consider to invest in Vanguard's VCLT, the Long Term Corporate Bond Index ETF paying right now 4.39 percent. Too bad you cannot get 4 or 5 percent easily from the old fashioned Savings and Loan Passb...
by Vanguard Fan 1367
Fri Apr 14, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Transferred Assets from Financial Advisor to Vanguard- Now what??
Replies: 4
Views: 520

Re: Transferred Assets from Financial Advisor to Vanguard- Now what??

I decided to go in the Boglehead direction almost 3 years ago. I am still in the process of dealing with my stocks that had a positive capital gain situation. I do some charitable giving and that has helped me dispose of 2 of my stocks. I like Vanguard Charitable and if you give the stock to them yo...
by Vanguard Fan 1367
Fri Apr 14, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 6924

Re: Physician using Turbotax, owing 30K so far already...

I am thinking that the penalty isn't so bad. Am I incorrect?
by Vanguard Fan 1367
Fri Apr 14, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 81
Views: 11004

Re: What constitutes "a lot" of money?

Do (or should) the daily dollar gyrations of your portfolio affect your view of how much money is "a lot." For example, if you had a million dollar 50/50 portfolio that on any given day could be up or down by, say, $5,000, would you view $5,000 as a dollar amount you'd be comfortable spen...
by Vanguard Fan 1367
Thu Apr 13, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Must file late 5500-Ez - is this DIY?
Replies: 13
Views: 928

Re: Must file late 5500-Ez - is this DIY?

I was late on a 5500 filing and felt better having the enrolled agent file it for me. Because I was a customer for income tax filings he did it for no additional charge. I worried about a penalty but the IRS didn't assess me one.
by Vanguard Fan 1367
Thu Apr 13, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tax preparer charging for past tax PDF's copies
Replies: 49
Views: 3407

Re: Tax preparer charging for past tax PDF's copies

I don't think there is a right/wrong answer here. Having said that, if any of my vendors starts nickel & diming me, it does give me pause to consider there are other vendors out there. My accountant merged with another firm a few months ago, and it's obvious that tracking time down to the minut...

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