Search found 606 matches

by drk
Sun Jul 15, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to buy a north los altos house (SF Bay Area)?
Replies: 2
Views: 162

Re: Strategy to buy a north los altos house (SF Bay Area)?

I have these startup RSUs and I heard it’s gonna IPO in 2019 too. Sometimes these plans don't work out. Until the company can legally tell you that it's going to IPO, don't count your chickens. The bank quoted us afford 3.3million house if we sell our current one and use that as down pay. Plan 1: S...
by drk
Sun Jul 15, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 15
Views: 346

Re: Portfolio Analysis + 125K Cash to Invest

1. As background, yes, biglaw. I apparently miscalculated my tax rate, so I believe you on that (a $15,000 bonus, if I reach my hours) would get me up pretty close to 35%, no?) Ah, sure, that bonus might get you close, but you should be able to stay in the 32% bracket. Since you're young, depending...
by drk
Sun Jul 15, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: Tell me what's wrong with my strategy
Replies: 38
Views: 1822

Re: Tell me what's wrong with my strategy

I have the time to monitor the individual stocks and the appetite to learn. Also I think owning the individual stocks will give me the ability to kind of play my own momentum game with them (I think?). FWIW, this is where the plan has the potential to go off the rails. If you think these companies ...
by drk
Sun Jul 15, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 15
Views: 346

Re: Portfolio Analysis + 125K Cash to Invest

Salary: ~ $190,000, will increase every year. Tax Filing Status: Single Tax Rate: 35% Federal, 4.95% State How is that your marginal tax rate? With a $190k income, minus the standard deduction ($12k) and max 401k contribution ($18.5k), you're around $160k in taxable income. That's good for the 32% ...
by drk
Sun Jul 15, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 8
Views: 574

Re: BlackRock Lifepath Fund?

Ok, so should I trust this fund as I would LIHIX? Makes me just a bit nervous to drop $250k into it when it seems different but sounds like it’s pretty much the same. Speaking of LIHIX, seems it only holds 96% securities and 4% bonds which seems pretty aggressive for the average investor? I tend to...
by drk
Sun Jul 15, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Recurring investments in taxable account
Replies: 26
Views: 1807

Re: Recurring investments in taxable account

Is there a Comission free ETF at TDA that meets my needs or should I open a new account at vanguard if I want to use their fund? I know there is no free lunch, just looking for a cost effective lunch :happy Somebody mentioned SPTM in this thread, but for future reference the wiki has details on Bog...
by drk
Sat Jul 14, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 8
Views: 574

Re: BlackRock Lifepath Fund?

It's a collective investment trust version of LIHIX . That looks like a great one-fund option. Here's a bit from the policy statement that explains the top holding you noted: When deemed appropriate by BTC, the Fund may invest in futures contracts, for the purpose of acting as a temporary substitute...
by drk
Sat Jul 14, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: are you able to find what you are looking for in the wiki?
Replies: 10
Views: 256

Re: are you able to find what you are looking for in the wiki?

Another strategy in case one is really smitten with using full sentences to search: use a regular search engine and insert "site:https://www.bogleheads.org/wiki" before your query, e.g., "site:https://www.bogleheads.org/wiki when do i have to take my rmd's".
by drk
Sat Jul 14, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: are you able to find what you are looking for in the wiki?
Replies: 10
Views: 256

Re: are you able to find what you are looking for in the wiki?

Mediawiki search is keyword based, and it found no good matches for your query. If you instead searched for "RMD", you would have been taken directly to the article on RMDs. If you use keywords like that, you'll also benefit from some autosuggest in the wiki search input.
by drk
Sat Jul 14, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Rollover
Replies: 6
Views: 318

Re: IRA Rollover

Alternatively, you could ask Vanguard to transfer your assets using ACATS. Then you would not have to take possession of any money or be out of the market during the move.

Also, this is not a rollover. It's an account transfer.
by drk
Sat Jul 14, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 71
Views: 8551

Re: Six stocks make up 98% of S&P 500 gains in 2018

Indexers need to be grateful that there are investors who believe Amazon is worth 228X P/E. Interesting, however, that Walmart, one of the all-time great contributors in capital growth and dividends to the 500, never sold at anything like a valuation that high as best as I recall. I don't believe W...
by drk
Sat Jul 14, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 8
Views: 574

Re: BlackRock Lifepath Fund?

This sounds more like the Lifepath Retirement Fund. Can you share the prospectus that has details on its top holdings?
by drk
Sat Jul 14, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 856

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

KlangFool wrote:
Sat Jul 14, 2018 2:54 pm
The obvious answer is no debit card. Why debit card is necessary when a person has a credit card?
That's reasonable, too. I'm conflating debit and ATM cards, but I do need one for fee-free cash access when traveling abroad.
by drk
Sat Jul 14, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 856

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

Maybe I underestimate the convenience factor, but it seems like the obvious solution is not to use debit cards that have access to any line of credit, be it overdraft protection or a margin account.
by drk
Sat Jul 14, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1439

Re: many differences in small cap indexes

Wait. S&P 600 is not algorithm in the way that Russell 2000 is. The S&P 600 has GUIDELINES based on math, like market cap and earnings, but it 100% comes down to a group of humans sitting on a committee to decide when and how to reconstitute the index. You're right that it's a different algorithm t...
by drk
Sat Jul 14, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 197
Views: 25817

Re: How Much in Your Emergency Fund And Is It Used?

For the people with $0 emergency funds and large taxable savings, how do you handle emergency/lumpy expenses? Do you really sell taxable investments and pay capital gains every time one of them comes down the line? Or do you keep other cash accounts that are earmarked for those lumpy expenses? I ha...
by drk
Sat Jul 14, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Parking CASH & Raising interest rate?
Replies: 7
Views: 483

Re: Portfolio Alignment Guidance

Here's a more accurate version. The SPDR Portfolio funds changed indices last October in coordination with the commission-free change at TDA.
by drk
Sat Jul 14, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Rollover
Replies: 6
Views: 318

Re: IRA Rollover

Where are you rolling the money from? What type of account, and which custodian?
by drk
Sat Jul 14, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1439

Re: many differences in small cap indexes

letsgobobby wrote:
Sat Jul 14, 2018 11:39 am
Since it’s actively managed, how does it compare to a pure index of comparable size companies, if there is such a thing?
All indexes apply rules. That's not the same as active management. An algorithm is still an algorithm whether it's applied by a human or by a computer.
by drk
Sat Jul 14, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: US:International allocation ratio
Replies: 18
Views: 1422

Re: US:International allocation ratio

The article below seems to suggest that the current market weight is 36% to 38 % US... https://seekingalpha.com/article/4058359-u-s-quickly-losing-share-world-market-cap If that is true, the vast majority of AAs in the US are home biased then... (?) I don't have access to a Bloomberg Terminal, so I...
by drk
Sat Jul 14, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1036
Views: 183302

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Just to follow-up, after the transfer completed, I gave Etrade a call. Fortuitously encountered a very helpful rep who credited my account with the transfer out fee immediately, without even requesting the Schwab statement documenting it. I'll have to give them a call. I tried via live chat while m...
by drk
Fri Jul 13, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: The value of international stocks, in pictures
Replies: 62
Views: 6985

Re: The value of international stocks, in pictures

So lets say I want to get to say 20ish percent, and I'm about 11% now. I auto invest a bunch every month as I said at 75/25 for VTSAX/VTIAX I'm always preaching nobody has a freaking clue what the market is going to do and I know this BUT considering how the US maybe a little high, certainly due fo...
by drk
Thu Jul 12, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: E*TRADE International Stock Index Funds
Replies: 4
Views: 209

Re: E*TRADE International Stock Index Funds

Are you holding this in a taxable account? If so, yes, you should consider the tax costs. IXUS is very tax-efficient. As a mutual fund, SWISX is likely to do worse in that regard. There's also the difference in index coverage. SWISX does not hold small-caps or emerging markets , whereas IXUS does. T...
by drk
Thu Jul 12, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: The value of international stocks, in pictures
Replies: 62
Views: 6985

Re: The value of international stocks, in pictures

jeffh19 wrote:
Wed Jul 11, 2018 11:36 pm
So what do all of you recommend for AA for US/international? 80/20?
This is a topic that has been endlessly discussed on the forum.
by drk
Tue Jul 10, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to Automatically Determine the US/xUS Global Market Weight of Equities?
Replies: 5
Views: 358

Re: How to Automatically Determine the US/xUS Global Market Weight of Equities?

I think the easiest solution would be to approximate the ratio using the GoogleFinance functions in Google sheets, taking advantage of the YTD total return attribute for the components of VTI (i.e. VTSAX and VTWSX) This is a clever solution. I like it. I do something similar for tracking my 401k's ...
by drk
Tue Jul 10, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: How to Automatically Determine the US/xUS Global Market Weight of Equities?
Replies: 5
Views: 358

Re: How to Automatically Determine the US/xUS Global Market Weight of Equities?

It looks like the new holdings pages are built using Angular (Ajax for templates, JSONP data to render them), so I doubt that Google Sheets would even be able to parse the content. Of course, even if it can, there isn't much in the way of a hook: <td data-ng-repeat="col in item.data track by $index"...
by drk
Mon Jul 09, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation %’s across pre-tax, roth, and taxable
Replies: 4
Views: 357

Re: Allocation %’s across pre-tax, roth, and taxable

Sorry I’m not very familiar with that Morningstar graph. Does it take into account fees too? It looks like they are all at the same spot in 2018? In other words it doesn’t look like akrex is ahead or behind they look tied Yes, that's total return, and they are all basically tied. That is, the high ...
by drk
Mon Jul 09, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation %’s across pre-tax, roth, and taxable
Replies: 4
Views: 357

Re: Allocation %’s across pre-tax, roth, and taxable

Have you seen "Asset allocation in multiple accounts" in the wiki? That works through the pros/cons of different approaches to allocating. Probably the most common advice, though, is to think of everything as one allocation and place funds in a tax-efficient manner. Also, by my count, you've got 85%...
by drk
Mon Jul 09, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Safe place to park $250k for me?
Replies: 5
Views: 1092

Re: Safe place to park $250k for me?

Your post is too unstructured for me to spend time trying to parse it. This isn't the place for prose. That said, you need to get this a tax free annual yield of 3-ish% out of your vocabulary. The goal is total return, i.e. after-tax yield. You likely pay very little in income taxes, so you would be...
by drk
Mon Jul 09, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Should I exchange total bond market for stable value fund
Replies: 13
Views: 1069

Re: Should I exchange total bond market for stable value fund

The time to move from Total Bond to stable value was last September to December, before the Fed reaffirmed its rate hike path. Now the bond market knows what to expect and has adjusted to reflect the Fed's plans.
by drk
Sun Jul 08, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Target Date Fund in Taxable Account. Thoughts?
Replies: 7
Views: 664

Re: Schwab Target Date Fund in Taxable Account. Thoughts?

Currently in 24%. It looks like you've got the right direction from Taylor above. If you're sticking with Schwab for the account, I suggest going with their ETFs (SCHB and SCHF) rather than mutual funds to avoid capital gains distributions. You might also consider adding 5% SCHE for exposure to eme...
by drk
Sun Jul 08, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Target Date Fund in Taxable Account. Thoughts?
Replies: 7
Views: 664

Re: Schwab Target Date Fund in Taxable Account. Thoughts?

What's your tax rate? The target-date fund and Schwab's mutual funds are going to be inefficient in a taxable account if you're in a higher bracket.
by drk
Sun Jul 08, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Great investment books that are less well known?
Replies: 15
Views: 1272

Re: Great investment books that are less well known?

I don't think it's necessarily less well-known because it's in the wiki , but I just finished Jason Zweig's Your Money & Your Brain. It's about behavioral finance, billing itself as a book about neuro-economics. I thought it was excellent. Now I'm reading Peter Bernstein's Against the Gods: The Rema...
by drk
Sun Jul 08, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Switch to active management from buy and hold
Replies: 8
Views: 551

Re: Switch to active management from buy and hold

That's a salesman, not an "advisor". You're right to be skeptical.
by drk
Sun Jul 08, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Socially Responsible Funds (I want to be socially irresponsible)
Replies: 34
Views: 1800

Re: Socially Responsible Funds (I want to be socially irresponsible)

I think you're sweating irrelevant details, e.g., the name of the fund. Have you even looked at VFTSX's holdings? It could be a stand in for iShares's QUAL or MTUM.
by drk
Sun Jul 08, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to hit grand slam with small % portfolio?
Replies: 49
Views: 3187

Re: Trying to hit grand slam with small % portfolio?

I don’t see why people here object to say 10-20k allowance (from low 7 figure portfolio in mid 40s) to some speculative high risk high reward investments like individual stocks, small cap biotech funds, cryptos, etc. The 10-20k would hardly be noticed if lost, but the upside could pay for a nice va...
by drk
Sat Jul 07, 2018 8:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 58
Views: 6192

Re: Vanguard factor funds slow to catch on

nisiprius wrote:
Sat Jul 07, 2018 7:51 pm
And here's another observation. Unless I'm missing something, these ETFS are literally hidden from view on the "investor" website. Can anyone find a combination of filters that shows them in their Vanguard ETF list?
I cheated and went to a different search function, but I found them.
by drk
Sat Jul 07, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: In what order should I sell tax lots during rebalancing?
Replies: 6
Views: 782

Re: In what order should I sell tax lots during rebalancing?

It depends on when you purchased lots C and D. If you bought lot D in the last 30 days, you'll have to sell it if you want to avoid a wash sale when selling C for a loss. Actually, I really value tax losses, so I would probably sell lot D before lot C regardless.
by drk
Sat Jul 07, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-friendlier alternatives to Vanguard Extended Market?
Replies: 22
Views: 1988

Re: Tax-friendlier alternatives to Vanguard Extended Market?

Thanks, your advisory to not buy anything in taxable that you wouldn't plan to hold for decades is weighing on my mind. I'm somewhat regretting having bought Extended Market for taxable, but too late now unless a downturn wipes out the now-significant capital gains. Chalking it up to live and learn...
by drk
Sat Jul 07, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Cap One/E-Trade fraction share sell off. what should I do?
Replies: 5
Views: 565

Re: Cap One/E-Trade fraction share sell off. what should I do?

For what it's worth, I've really liked E*Trade since opening an account there for a bonus. The platform is excellent and feels very polished. Its account transfer process is the smoothest I've seen. They also just added a bunch of commission-free Vanguard ETFs. Unless you're intent on moving elsewhe...
by drk
Sat Jul 07, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Since ETFs will be free to trade at VG - any better choices for small/value besides VBR/VSS?
Replies: 7
Views: 608

Re: Since ETFs will be free to trade at VG - any better choices for small/value besides VBR/VSS?

Check out FNDC, Schwab's fundamental developed markets small-cap fund. It's not a perfect replacement for VSS because it doesn't contain emerging markets, but it moves you in the value direction.
by drk
Wed Jul 04, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put international?
Replies: 35
Views: 3435

Re: Where to put international?

For help on the tax-drag issues jalbert noted, take a look at triceratop's post on relative tax-efficiency. This is very much a YMMV situation. In my case, it's more tax-efficient to hold international stocks in tax-advantaged accounts, so I do that.
by drk
Wed Jul 04, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping Portfolio at Global Market Cap
Replies: 8
Views: 762

Re: Keeping Portfolio at Global Market Cap

Tamalak wrote:
Wed Jul 04, 2018 9:29 pm
It would seem that new IPOs would also change the weight without changing the price. That is if there's a new IPO in the United States, that would increase the market cap of the USA
Why do you think this would be the case?
by drk
Wed Jul 04, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 7633

Re: Tipping at non sit down places

I tip 15% (as opposed to 20%+ for table service because I'm not using the facilities). Granted, I go to the same ten or so local establishments and see the same crew there every time. I do it because I appreciate them.
by drk
Wed Jul 04, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000
Replies: 48
Views: 6543

Re: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000

jacoavlu wrote:
Wed Jul 04, 2018 6:56 pm
7% bonds lol
Right. Currently we've got, what, 3% and 2% for 10-year Treasury and S&P 500 dividend yields, respectively?
by drk
Wed Jul 04, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I hold $250K?
Replies: 11
Views: 1815

Re: Where do I hold $250K?

Take a look at Vanguard's Limited-Term Tax-Exempt fund. With that much cash, you could buy the Admiral version . Its average duration is about two years, currently yielding 1.99% (~2.93% taxable equivalent yield in the 32% bracket). Maybe 80% that and 20% in Total World Stock for a little extra oomp...
by drk
Wed Jul 04, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin Futures?
Replies: 18
Views: 1262

Re: Bitcoin Futures?

No it's not a joke at all. I passively invest already. But I'm exploring other investment methods- I don't know why that would be a joke and I don't appreciate your snarky comment. What you're describing isn't investing. It's speculation on par with gambling. This forum stakes a position explicitly...
by drk
Wed Jul 04, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: If you tilt toward Small Cap Value, how much do you tilt?
Replies: 38
Views: 2563

Re: If you tilt toward Small Cap Value, how much do you tilt?

If you don't have a well-established reason to tilt, just don't do it. It is possible to have a well-established reason to tilt and not be certain of how much you want to tilt by. I can easily give you a minimum and a maximum that I am comfortable with. Fair enough! What are your min and max levels?
by drk
Wed Jul 04, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Short term vs Long term gains tax when selling stocks
Replies: 2
Views: 244

Re: Short term vs Long term gains tax when selling stocks

For example's sake, I bought 10 stocks of a company 2 years ago and bought another 5 this year. If I were to sell 5 of them now, how will the gains be taxed? I've held some stock long enough to qualify for long term gains tax, while some don't. Thank you for your insight on this. When you sell, you...