Search found 639 matches

by gasman
Mon Nov 21, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 525

Re: Tax loss BMBIX

pshonore wrote:These kinds of questions can be answered by looking at the Prospectus:

http://content.rwbaird.com/BairdFunds/P ... pectus.pdf (page 104)

Sorryy, couldn't copy and paste.



Thank you. Not the answer I wanted. Will have to wait till early 2017.
by gasman
Mon Nov 21, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 525

Re: Tax loss BMBIX

When selling for a loss, you have a wash sale if you acquired replacement shares in the wash sale window 30 days before and 30 days after the sale. I don't think it matters whether the fund accrues dividends daily or not. If you did not reinvest in the wash sale window you're good. If the fund decl...
by gasman
Mon Nov 21, 2016 2:18 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 525

Tax loss BMBIX

Would like to tax loss harvest BMBIX. Last purchase was less than six months ago. Does anyone know if they declare their dividends daily so part of the loss won't be disallowed? Can't find the info in the fund documents?
by gasman
Mon Oct 31, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: Rationale for doctors' offices not booking >6 months ahead?
Replies: 26
Views: 2670

Re: Rationale for doctors' offices not booking >6 months ahead?

calendar software limitations. Doctors who go to multiple offices not knowing their work schedule that far out. Doctors not knowing their vacation schedule that far out.
by gasman
Mon Oct 31, 2016 5:42 am
Forum: Personal Finance (Not Investing)
Topic: person not following through after scraping my car
Replies: 19
Views: 2699

Re: person not following through after scraping my car

Had the same thing happen to me. His insurance company told me to pound sand. Had to go through my own. Of course the high deductible made it not worth it.
by gasman
Sun Oct 23, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medical practice (Neurology) buy-in
Replies: 28
Views: 1878

Re: Medical practice (Neurology) buy-in

Agree with stay the course and others who feel that this is likely a ripoff. If you do consider buying in, do it as a salary reduction over five years or so.
by gasman
Wed Oct 12, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: Why aren't international stocks cheaper?
Replies: 29
Views: 2920

Re: Why aren't international stocks cheaper?

Because people (wrongly) believe that they will grow faster then the US in the next 20 years. On the surface, I believe this to be a key point. No one has any idea which will provide a higher return. Low valuations indicate higher expected but not guaranteed returns. High valuations indicate lower ...
by gasman
Mon Oct 10, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 109
Views: 13409

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

I have noted that many people place a huge value on how others spend their money. Those who spend as they do affirm their choices. Those that spend differently is an implied criticism. Big house and fancy cars vs. small house practical cars. Public school vs. Private school. Clothes, Jewelry, etc., ...
by gasman
Mon Oct 10, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: Where do you keep your kids' money?
Replies: 54
Views: 7282

Re: Where do you keep your kids' money?

Earned income- Roth IRA

unearned income: 1. UGMA Account @ Vanguard. Opened when infants. Invested in Vanguard Intermediate term Corporate to make use of the tax benefit every year. Used the account during high school years to pay for private school tuition. 2. 529.
by gasman
Wed Oct 05, 2016 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Which one to do first, a Refinance or Remodel?
Replies: 10
Views: 758

Re: Which one to do first, a Refinance or Remodel?

Both at the same time. Refinance and set up a home equity line of credit as part of the same process that you tap to remodel.
by gasman
Sat Oct 01, 2016 8:05 am
Forum: Investing - Theory, News & General
Topic: Municipal bonds, determinants of returns, don't forget liquidity
Replies: 18
Views: 1396

Re: Municipal bonds, determinants of returns, don't forget liquidity

Larry, How do you deal with high bracket investors who have most of their assets in taxable accounts who want the after tax benefits of munis and who want to keep some "dry powder" in a taxable account for buying stocks when prices drop? In the financial crisis munis became relatively illi...
by gasman
Sun Sep 25, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much is free lifetime healthcare worth?
Replies: 2
Views: 594

Re: How much is free lifetime healthcare worth?

I guess it depends on how easy it was to access that healthcare. My understanding of the Canadian system is that unless you know somebody, there is a significant queue for many medical services.
by gasman
Fri Sep 23, 2016 1:08 pm
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 2263

Re: Cancun, Grand Cayman or Other Caribbean Islands

have also stayed at intercontinental cozumel. Lovely property and service. Cozumel is pretty quiet and relaxed. Would definitely do the fly direct thing to cozumel as opposed to cancun/ferry option.
by gasman
Fri Sep 23, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 2263

Re: Cancun, Grand Cayman or Other Caribbean Islands

Depends what your priorities are: January can be a little spotty in grand cayman weather wise. More reliable pool/beach weather in Cancun. Grand Cayman is more expensive than Cancun. If you are into the ocean beach swimming as opposed to pool. Lots of the properties on Cancun have rough surf and mar...
by gasman
Wed Sep 14, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Denied Term Life Insurance/A Reminder to Get Your House in Order
Replies: 40
Views: 4255

Re: Denied Term Life Insurance/A Reminder to Get Your House in Order

You didn't share your medical condition. Many medical conditions are more likely to result in moderate to long term disability as opposed to sudden death. Maximizing disability benefits at minimal costs given your situation may be something that you should consider.
by gasman
Mon Sep 12, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Suggestions for locations for post-Christmas vacation in Carribbean?
Replies: 13
Views: 1175

Re: Suggestions for locations for post-Christmas vacation in Carribbean?

The two weeks around christmas new years are brutally expensive for accommodations and airfare. Missing some school for early primary grades won't be that big a deal if that's your concern for choosing those dates. If you do book those dates BOOK EARLY. Kid friendly at that age to us meant a good sa...
by gasman
Wed Aug 24, 2016 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard discouraging investing with Prime MM
Replies: 10
Views: 2116

Vanguard discouraging investing with Prime MM

Everyone is aware of the move by Vanguard to use the Federal Money market as the settlement account for VBS transactions. In the last 90 days I have had my HSA and my 401k (which have different custodians managing) replace the Vanguard Prime money market option with something else. It seems that Van...
by gasman
Tue Aug 23, 2016 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hidden Wealth of the Silent Generation
Replies: 9
Views: 1481

Re: Hidden Wealth of the Silent Generation

If he was in the Army in Korea, he experienced WW2 as an adolescent and maybe the great depression was part of his memories. In addition to the deprivations that those who served overseas experienced, for those that were home due to youth or gender - meat, gasoline, butter, and sugar were rationed. ...
by gasman
Mon Aug 15, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Think Oregon 529 is *clearly* better than Roth - what am I missing?
Replies: 13
Views: 1323

Re: Think Oregon 529 is *clearly* better than Roth - what am I missing?

You are not missing anything. But I would add the caveat if and only if you plan to use the 529 monies for eligible higher education expenses.
by gasman
Thu Jul 28, 2016 9:19 am
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 98
Views: 8823

Re: What makes people succeed?

Some combination of talent, drive, and luck.
by gasman
Wed Jul 06, 2016 2:57 pm
Forum: Investing - Theory, News & General
Topic: Credit Risk Premium
Replies: 17
Views: 1229

Re: Credit Risk Premium

Larry,

Given the downsides of corporate bonds, what do you think is the role of a fund like DFEQX is in a portfolio I believe that you have recommended it in the past.
by gasman
Thu Jun 30, 2016 4:01 am
Forum: Investing - Theory, News & General
Topic: What is the Bogleheads position on Long-term successful daytraders?
Replies: 88
Views: 5504

Re: What is the Bogleheads position on Long-term successful daytraders?

They probably do exist. Probably slightly less prevalent than successful gamblers.
However, I personally never have met anyone who admits to going to Las Vegas and losing.
by gasman
Fri Jun 24, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: don't deal in GBP pound sterling today (June 23 2016)
Replies: 46
Views: 4037

Re: don't deal in GBP pound sterling today (June 23 2016)

As luck would have it I am traveling to London tomorrow. Suggestions for changing cash? Airport? Hotel? Bank on Monday?
by gasman
Fri Jun 24, 2016 4:47 am
Forum: Investing - Theory, News & General
Topic: Buying international ETFs today
Replies: 2
Views: 757

Buying international ETFs today

Planning to add to my international position today. Given that this is likely to be an unusual day in the markets, is there a way to discern whether or not an international ETF from whatever provider is trading a significant discount (or premium)?on a real time basis? Looking to pick up an extra per...
by gasman
Thu Jun 09, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: 10 Year Treasury low yield
Replies: 45
Views: 4255

Re: 10 Year Treasury low yield

Anybody shortening durations given near record low yields and a pretty flat yield curve? Even at the cost of harvesting capital gains?

Been thinking of doing just that. Have a good amount of unrealized gains in Vanguard intermediate term tax empt and my state specific fund.
by gasman
Wed Jun 01, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Need tips: interviewing for private practice GI job
Replies: 4
Views: 535

Re: Need tips: interviewing for private practice GI job

Are all partners equal? Founding partners with enhanced voting rights? Seniority based perks? Are any family members employees of the practice? Or do any family members sell goods and services e.g. brother of doc is corporate accountant or runs retirement plan? Does the practice have any sweet heart...
by gasman
Tue May 31, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: Would you pay 6x face value to see Hamilton on Broadway?
Replies: 139
Views: 9611

Re: Would you pay 6x face value to see Hamilton on Broadway?

vectorizer wrote:
gasman wrote: I did in fact pay up to see Hamilton six month ago on a trip to NY. only paid about $450 per ticket on a Tuesday night.

In retrospect, was it worth it?


For the happiness that it brought my wife and daughter it was. For me...Nope.
by gasman
Tue May 31, 2016 2:37 pm
Forum: Personal Consumer Issues
Topic: Would you pay 6x face value to see Hamilton on Broadway?
Replies: 139
Views: 9611

Re: Would you pay 6x face value to see Hamilton on Broadway?

It's Ok to do something completely frivolous once in awhile. I did in fact pay up to see Hamilton six month ago on a trip to NY. only paid about $450 per ticket on a Tuesday night.
by gasman
Mon May 30, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Private school? Any regrets?
Replies: 92
Views: 7074

Re: Private school? Any regrets?

Sent both kids to private school all the way through. They turned out well. Both went to competitive private colleges. No regrets even though it was serious money.
by gasman
Mon May 16, 2016 9:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard's bond desk shows no 7 nor 10 year brokered CDs
Replies: 10
Views: 1250

Re: Vanguard's bond desk shows no 7 nor 10 year brokered CDs

There are choices available in the 7-10 year range on the secondary market @ VBS.
by gasman
Sun May 08, 2016 9:46 am
Forum: Investing - Theory, News & General
Topic: public pension plan unfunded liabilities
Replies: 75
Views: 9341

Re: public pension plan unfunded liabilities

Re political, no one needs to discuss the politics of the situation, just focus on the investment implications of the underfunding. That's safe ground. It has implication certainly if you are an employee of one of the plan sponsors, and it has implications even if not--your state could suffer first...
by gasman
Wed May 04, 2016 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting too early? Firecalc comments
Replies: 21
Views: 3885

Re: Quitting too early? Firecalc comments

"life happens" - evolving values, changes at work with possibly lower income in the future, maybe dropping my FTE status, health problems - and as a result I am looking at saving 'only' 20% of our gross income going forward. Up until now, we have saved 40%ish of gross. If I plug the follo...
by gasman
Tue May 03, 2016 7:05 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 69
Views: 11719

Re: I Bond rates for May 1 announced

I suspect that the amount of I bonds and EE bonds issued as a percentage of public debt is tiny. It wouldn't surprise me if the savings bond program (with current limits) is more of a PR move to benefit small savers as opposed to a serious way of financing the public debt.
by gasman
Mon May 02, 2016 4:50 pm
Forum: Investing - Theory, News & General
Topic: Minimizing equities until a bear market if you already have enough
Replies: 22
Views: 2313

Re: Minimizing equities until a bear market if you already have enough

To quote Dr. Bernstein, "why keep playing when you have won the game?' To quote Warren Buffet on LTCM, "To make the money they didn’t have and they didn’t need, they risked what they did have and did need–that’s foolish, that’s just plain foolish". It also applies to a soon to be reti...
by gasman
Mon Apr 25, 2016 6:49 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth on why bond funds are better than individual bonds
Replies: 63
Views: 6050

Re: Allan Roth on why bond funds are better than individual bonds

Does anybody on this board use VBS to manage a portfolio of individual municipal bonds?
by gasman
Tue Mar 22, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) Deferred Compensation distributions pain
Replies: 7
Views: 788

Re: 457(b) Deferred Compensation distributions pain

Maybe stop contributing?
Review distribution options
by gasman
Sun Mar 13, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Are CDs Becoming A Worse Investment?
Replies: 40
Views: 5026

Re: Are CDs Becoming A Worse Investment?

The spread from CDs to treasuries has shrunk over the last several months. Within the past year there was about a 90 bp spread between 10 year treasurys and 10 year CDs. maybe 70bp on 5 year treasuries to CDs. Those spreads have come down. My understanding that this was on the high side of historica...
by gasman
Wed Mar 09, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 5535

Re: Advice for physician asking for a raise

A key question is how replaceable are you? What is the supply of your specialty in your area?
by gasman
Thu Jan 21, 2016 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Are college costs really expected to go up in the future?
Replies: 19
Views: 1389

Re: Are college costs really expected to go up in the future?

I think that the "sticker price" of tuition will continue to increase. I also think that an ever shrinking percentage of students will pay full sticker.
by gasman
Sat Jan 09, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Spread for odd lots - rebalancing
Replies: 8
Views: 783

Re: Muni Spread for odd lots - rebalancing

No idea with regards to your original question, as you are obviously aware spreads on odd lot munis can be bad for individual investors, particularly during crises. It MIGHT be worthwhile to consider tapping a home equity credit line or a margin loan for the 12-24 months depending on the bid-ask. If...
by gasman
Sat Jan 02, 2016 12:10 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Bond Barbell - why not more popular?
Replies: 26
Views: 4787

Re: Boglehead Bond Barbell - why not more popular?

Bond barbells tend to be popular when long-term rates are high - not in a period like we are experiencing. WARNING THIS IS RESTARTING AN OLD THREAD As something of a less than perfectly informed investor in bonds, have slowly realised that our present holdings have accidentally become what could be...
by gasman
Sun Dec 27, 2015 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: 5%&up return and 0 risk tolerance, are there options?
Replies: 65
Views: 4034

Re: 5%&up return and 0 risk tolerance, are there options?

30 year treasures if held to maturity get you to 3% or so. Of course their is inflation risk.
by gasman
Sat Nov 21, 2015 1:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 153
Views: 24744

Re: Vanguard Partnering with Yodlee

Can't seem to add treasury direct accounts. Anyone else having the same problem or have a solution?
by gasman
Mon Nov 16, 2015 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?
Replies: 19
Views: 2314

Re: Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?

"Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?" No reason at all. I have done the same with about 25% of my fixed income. Agree with the above posters. Don't consider this money for rebalancing or cashing out for any other purpose. Your are being p...
by gasman
Wed Nov 11, 2015 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 3291

Re: Question regarding helping son with graduate school loan debt

good behavior should be rewarded. It sounds like your son is now making good choices. If you can afford to, I would help him out. Let him know that your help is a response to his current good behavior. Agree that you should be mentally prepared to consider this a "gift" if he becomes unabl...
by gasman
Sat Nov 07, 2015 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Savings Bond Rates
Replies: 3
Views: 547

Re: New Savings Bond Rates

It is very possible that holding the ee bonds till you hit the doubling point is likely to provide a better return. Even deploying new money today today, a compelling case can be made that ee bonds will outperform ibonds if you can hold a full twenty years
by gasman
Mon Nov 02, 2015 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Dimensional Fund Advisors
Replies: 9
Views: 1158

Re: Dimensional Fund Advisors

The OP described his nest egg in British Pounds. It is certainly possible that UK residents have fewer decent options for low cost investing due to local regulations and marketplace issues.
by gasman
Mon Nov 02, 2015 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: I-Savings Bonds
Replies: 53
Views: 7904

Re: I-Savings Bonds

If you purchase I bonds with your tax refund, do you get the rate for the day they issue the refund, which might be months later and is outside your control, or do you get the rate for the day you filed? The day they issue the refund. Mine were of course issued after May 1, despite filling in early...
by gasman
Wed Oct 14, 2015 9:17 am
Forum: Investing - Theory, News & General
Topic: Safe Investment Options
Replies: 50
Views: 5442

Re: Safe Investment Options

What do you recommend, though? We know there's no such thing as perfection and perfect elimination of all risk, so it's about what's the best available option(s). How do you feel about 20% in physical gold the way "legendary paper stock" guru Cramer does, for instance? (See this thread: h...
by gasman
Tue Oct 06, 2015 12:05 pm
Forum: Investing - Theory, News & General
Topic: Safe Investment Options
Replies: 50
Views: 5442

Re: Safe Investment Options

The price of safety is extremely high these days. None of those safe options protects you from unanticipated inflation.

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