Search found 2242 matches

by goingup
Mon Apr 24, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 311
Views: 28695

Re: Larry Swedroe says "Goodby."

I'm grateful for all the years of posts by Larry. Back in the day, Larry and Rick had spirited debates which were great fun to watch. I had to stretch to understand Larry's scholarly posts and books but as a result know more about bonds, fat tails, risk and strategy than I would have otherwise. Prol...
by goingup
Mon Apr 24, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: If you are financially independent, how much monywould you bother to make?
Replies: 28
Views: 2669

Re: If you are financially independent, how much monywould you bother to make?

I don't chase CC, bank or broker offers. I don't want our personal info at any more institutions than is necessary and value the simplicity of dealing with just a few financial entities.
by goingup
Wed Apr 19, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Selling Mutual Fund shares - watch ETF prices at 3:45pm?
Replies: 19
Views: 1773

Re: Selling Mutual Fund shares - watch ETF prices at 3:45pm?

I think this forum has failed you if you are already selling your funds. From prior posts, you are a brand-new investor and have held nearly 100% cash/cds since the Tech Bust in 2000s.

The idea is to purchase equity funds and hold them for a really long time. Longer than 2 days. :shock:
by goingup
Wed Apr 19, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Should I tilt to Country of Birth in asset allocation?
Replies: 11
Views: 1015

Re: Should I tilt to Country of Birth in asset allocation?

Can't imagine it would be anything more than a sentimental choice. Mixing sentiment with investing hasn't worked for me. I had the hardest time unloading individual stocks from my home country--Michigan. I owned GM and Detroit Edison. :wink: I especially wouldn't want to own a fund with a .85 ER. Th...
by goingup
Wed Apr 19, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Why invest in International Index Fund?
Replies: 38
Views: 3100

Re: Why invest in International Index Fund?

OP-
It's good, I suppose, that you have adjusted your AA to something you can stick to. It seems you sold the TR2055 and bought the individual components in your 401K. It does seem like an odd moment in time to cut your international exposure in half.
by goingup
Tue Apr 18, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: everywhere we are encouraged to trade and to our detriment
Replies: 25
Views: 2149

Re: everywhere we are encouraged to trade and to our detriment

TheTimeLord wrote:
harvestbook wrote:A lot of us spend a lot of time actively visiting and reading this forum to remind us to not spend any time thinking about investing!


Definition of irony?

I thought of Yogi Berra when I read that post!
by goingup
Tue Apr 18, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $80,000?
Replies: 8
Views: 1512

Re: Where to park $80,000?

We really don't segregate money in our portfolio for specific purposes. There is one AA that's 60/40 ish. The 40% includes cash, CD and muni bond funds that are liquid. I'd encourage you to treat that $80K as part of your portfolio since the expense is not immediate. I've found we can cash-flow most...
by goingup
Tue Apr 18, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Wife's Money - 50K - Her Advisor vs My DIY - Help
Replies: 67
Views: 5380

Re: Wife's Money - 50K - Her Advisor vs My DIY - Help

confusedinvestor-
It would be advisable to slow down. The advisor's advice is poor. Your proposed portfolio is excessively complex.

Suggest you regroup and rethink your decisions.
by goingup
Tue Apr 18, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment or DCA?
Replies: 25
Views: 1262

Re: Lump sum investment or DCA?

I like the rule of thumb that Rick Ferri once wrote about. If the amount is 20% or less of your total portfolio just lump it in. If it's more than 20% DCA. I'd also add that if the money was invested before then you should get back to being fully invested. If it's "new" money, use the heur...
by goingup
Mon Apr 17, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: New car...finance or not?
Replies: 17
Views: 1353

Re: New car...finance or not?

I wouldn't finance. Being financially independent to me means not having to pay monthly installments. Being financially independent to me means you have options that other people don't have, like being able to take advantage of a low interest car loan if it works in your favor. The OP doesn't "...
by goingup
Sun Apr 16, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: New car...finance or not?
Replies: 17
Views: 1353

Re: New car...finance or not?

I wouldn't finance. Being financially independent to me means not having to pay monthly installments.

I'd figure out where to pull funds that presented the least tax liability. For me that would me MM or muni bond fund. Pull $22K from somewhere that presents the smallest tax bill. :beer
by goingup
Sat Apr 15, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 11319

Re: Do you have an umbrella policy?

I don't believe there is any excuse NOT to carry an umbrella policy if you are relatively young and have exposed assets and future wages to protect. It's too cheap not to. I'm not sure age has anything to do with it. I'm relatively old with assets to protect. We have $1m umbrella which will combine...
by goingup
Sat Apr 15, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Merrill Lynch advisory fees
Replies: 22
Views: 1720

Re: Merrill Lynch advisory fees

OP is rethinking his decision, apparently. :mrgreen: To think about those fees, however, is incredible. For 1 mil portfolio the fee would be 2.2% plus the "Style Manager Fee" of say .40% plus any fund fees. The monthly bill would be $2,166 (not including fund ERs). No wonder this forum get...
by goingup
Sat Apr 15, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 10657

Re: My kids don't care about saving

The easiest way for anyone to save is in a 401K. The automated payroll contributions are relatively painless. I'd just encourage them to contribute 15% of pay.
by goingup
Fri Apr 14, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Merrill Lynch advisory fees
Replies: 22
Views: 1720

Re: Merrill Lynch advisory fees

I am going to open a $1 myn IRA at Merrill Lynch; what advisory fee will I have to pay. Thanks It's going to be about 1.4% of the total holdings. That will be $14000/yr. Every year. Remember too, they get their cut first, regardless of whether it makes money or not. If that sounds like a good deal,...
by goingup
Fri Apr 14, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: How often should I contribute to my taxable account?
Replies: 23
Views: 2678

Re: How often should I contribute to my taxable account?

susleni wrote:I've read that contributing monthly can lead to a major headache when filing tax returns in the future when taking distributions.

Not true. Your broker/custodian tracks your transactions. Is the goal to accumulate wealth? If so, monthly contributions to a taxable account work great!
by goingup
Thu Apr 13, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ameriprise fee to transfer account out
Replies: 10
Views: 1222

Re: Ameriprise fee to transfer account out

I am also looking to get out of AMP as the $4k fees per year (wrap and advisor) on a $350k account seem a bit excessive...and this is with the advisor's "relative" discount. I figure I can do just as well with Fidelity or Vanguard. I realize that this is an old thread, but it was never de...
by goingup
Thu Apr 13, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Paying down HELOC
Replies: 9
Views: 788

Re: Paying down HELOC

...I could possibly liquidate my taxable investment account for funds. Is this different than your $30K emergency fund? If so I'd think about cashing out (provided the cap gains aren't daunting) and paying off that 5.5% HELOC. To me it makes no sense to have a taxable investment account while servi...
by goingup
Thu Apr 13, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Help with moms annuity account (>$1M)
Replies: 30
Views: 2491

Re: Help with moms annuity account (>$1M)

People have reasons for choosing an annuity. They want a sure thing--an income stream they won't outlive. Perhaps they feel it is important to lock the money away from themselves or from others. If purchasing an annuity gives your mom a sense of security and the income stream meets her future needs ...
by goingup
Wed Apr 12, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Out of market during rolling over a 401(k) into an IRA
Replies: 5
Views: 358

Re: Out of market during rolling over a 401(k) into an IRA

Hector- I'll give another idea. Go to cash before you initiate the transfer. If you have been 100% stocks you obviously have had excellent gains over these preceding years. You will effectively lock in those gains. The transfer could take 2 weeks at which you'll be out of the market. When the check ...
by goingup
Wed Apr 12, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Aggressive mortgage banker at Citibank - what's the point
Replies: 14
Views: 1470

Re: Aggressive mortgage banker at Citibank - what's the point

I don't understand the aggressiveness and unwillingness to just give me a rate quote without a hard pull. Chase & TD didn't even attempt to do a hard pull and just asked if I knew my credit score. It is strange given that the other 2 lenders did not insist on a hard pull. When bankers behave st...
by goingup
Wed Apr 12, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Northwestern Mutual (65 Life) Whole Life Insurance Question
Replies: 13
Views: 674

Re: Northwestern Mutual (65 Life) Whole Life Insurance Question

OP- Cancel immediately. You don't need a whole life policy, or even term insurance right now. I bet a majority of Bogleheads got duped with a whole life policy when they were younger. We certainly did. Bought it through our friendly local Farmer's Insurance agent. I forget the premium amount but we ...
by goingup
Wed Apr 12, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: A Wealth Of Common Sense
Replies: 17
Views: 3436

Re: A Wealth Of Common Sense

Thanks for this post. Somehow I have missed reading this author. Just ordered his book from our library and look forward to reading.
by goingup
Tue Apr 11, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: Financial Advisers
Replies: 12
Views: 1910

Re: Financial Advisers

Thank you all for the comments! So I have a few key takeaways now: 1. Fee-based is different than Fee-only. 2. Advisors can be full-time or part-time fiduciaries. 3. From a practical standpoint, it's very difficult to find a fee-only full-time fiduciary; and even if you can find one, their hourly p...
by goingup
Tue Apr 11, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Question (buying a new home before selling current one)
Replies: 21
Views: 1641

Re: Mortgage Question (buying a new home before selling current one)

In a hot market contingencies don't work when there are bidding wars.

OP- using a HELOC on your current home is probably the best option.
by goingup
Tue Apr 11, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: mutual fund vs etf
Replies: 7
Views: 477

Re: mutual fund vs etf

Mutual funds are better for regular automated investing. Do you have a Vanguard brokerage account? If so, there are no transaction fees to buy or sell Vanguard mutual funds or ETFs. Other brokerages might charge fees. You should always try to avoid transaction fees if possible. Minimum investment a...
by goingup
Mon Apr 10, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Require Access to School Records?
Replies: 100
Views: 4015

Re: Require Access to School Records?

When I talked to DD last night, I reinforced that I am letting her be as much an adult and as independent as she can be for someone that still has no recognizable way to make a living. gasdoc- Obviously you have raised a smart capable daughter. Your language, though, connotes a parent who is strugg...
by goingup
Mon Apr 10, 2017 2:02 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisers
Replies: 12
Views: 1910

Re: Financial Advisers

But what about a purely fee-based (charge-by-the-hour) fiduciary adviser? Yes, these types are good. So hard to find, though. It's not a robust business model for most advisors, compared the AUM perpetual fee stream. It's incumbent upon the investor to find the right kind of advisor. As BHs say, by...
by goingup
Mon Apr 10, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Try to decide 401K or IRA.
Replies: 11
Views: 774

Re: Try to decide 401K or IRA.

I have been contributed max amount allowed by IRA to my 401K at work and not contribute to IRA. After reading the posts, this is what I think I need to do from now on: 1. Contribute to get max match from the employer. 2. Contribute max to either traditional or Roth IRA 3. Contribute whatever left t...
by goingup
Mon Apr 10, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Pulling Ripcord from FA, Advice on Portfolio
Replies: 8
Views: 1099

Re: Pulling Ripcord from FA, Advice on Portfolio

Your portfolio is a little too complicated for my tastes. Here are a few sample portfolios to consider. Many use Vanguard funds, but you can find equivalents at Schwab. https://www.bogleheads.org/wiki/Lazy_portfolios The big consideration when leaving your current broker with a six figure taxable ac...
by goingup
Mon Apr 10, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

We had been planning for 20% down, but in the case that the appraisal comes in low , or if it makes sense to just put additional down, what sources should we get that money from? For some background, we max our retirement accounts (401ks and IRAs) and are at the edge of 25%/28% the tax brackets. Th...
by goingup
Sun Apr 09, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: How to TLH in Real LIfe
Replies: 38
Views: 2645

Re: How to TLH in Real LIfe

It makes more sense to wait until the Market dips and see which of your funds has a loss. Meantime, you should have the cost basis set to SPEC ID.
by goingup
Sat Apr 08, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard account - total capital gain in %
Replies: 21
Views: 1097

Re: Vanguard account - total capital gain in %

Celia-
That Personal Performance is your return, not the fund's return. You can adjust the date parameters and also which accounts and holdings you wish to view. (I'm on the old platform too.)
by goingup
Sat Apr 08, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable Account (High Tax Bracket)?
Replies: 23
Views: 2177

Re: Bonds in Taxable Account (High Tax Bracket)?

Menlo- what about the Vanguard Tax Exempt muni ETF VTEB? I wouldn't open an account at Vanguard to hold just one fund.
by goingup
Sat Apr 08, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Free FICO score?
Replies: 16
Views: 1030

Re: Free FICO score?

It's kind of surprising how many companies we deal with now offer free FICO. This has all come about in the last 1-2 years. I think Discover may have started it.
by goingup
Sat Apr 08, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard account - total capital gain in %
Replies: 21
Views: 1097

Re: Vanguard account - total capital gain in %

^Yes, Vanguard calculates your Internal Rate of Return. It can be shown for YTD, 1,3,5,10 year periods.
by goingup
Sat Apr 08, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Front-end loads
Replies: 21
Views: 1771

Re: Front-end loads

A front-end load is a commission or sales charge applied at the time of the initial purchase for an investment, usually with mutual funds and insurance policy purchases. It is deducted from the investment amount and, as a result, lowers the size of the investment. I agree that it's misleading. Ever...
by goingup
Fri Apr 07, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Friend sell stocks move $ to Vanguard Need Advice!!
Replies: 7
Views: 681

Re: Helping Friend sell stocks move $ to Vanguard Need Advice!!

Bogleheads is a rarified environment. I'd like to say your friend is doing better than the majority of Americans. She is working and plans to delay SS till 70. She has saved nearly $200K for retirement. All good. I don't think Roths are especially important at this stage in her tax situation. Is she...
by goingup
Fri Apr 07, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Which 500 Fund to Invest in.
Replies: 25
Views: 2658

Re: Which 500 Fund to Invest in.

Is this a taxable account? Right now it would not make up the higher expense ratio, but if the balance hits admiral shares one day, many often suggest the Vanguard funds do better with taxable accounts. If you want a better expense ratio from day one, you could buy the ETF (ticker VOO), Vanguard SP...
by goingup
Thu Apr 06, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Is robo for me?
Replies: 29
Views: 1982

Re: Is robo for me?

I'll speak to this a someone who was in your shoes very recently. Over the past couple of years we moved from everything at Merrill to a combo of Betterment (Roths + taxable) + Vanguard (tax-deferred). I am now moving Roths and arranging an in-kind transfer of my taxable account from Betterment to ...
by goingup
Thu Apr 06, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: How many financial secrets?
Replies: 58
Views: 5440

Re: How many financial secrets?

I'd consider withholding financial information from a spouse a form of financial philandering. Like all cheating, it's a bad idea. (Is this topic actionable?)
by goingup
Thu Apr 06, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Transfer from actively managed investment
Replies: 9
Views: 671

Re: Transfer from actively managed investment

Because he was in so many funds it cost about $1000 in "commission" that could have been avoided if he had just liquidated at the old brokerage :oops: Meanwhile the posts I often see here advising new investors "Don't even tell your adviser you're moving until Vanguard has the transf...
by goingup
Thu Apr 06, 2017 9:33 am
Forum: Investing - Theory, News & General
Topic: Continuing to Invest in Muni Bond Funds
Replies: 13
Views: 1408

Re: Continuing to Invest in Muni Bond Funds

Thanks for the advice. On the note of the munis, I own munis because I'm out of room in my Roth IRA, and at a $300,000/year income, I do not want to further increase my tax burden at that marginal rate. Any room for bonds in a 401K? I like intermediate and limited term muni funds, but also have bon...
by goingup
Thu Apr 06, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Is robo for me?
Replies: 29
Views: 1982

Re: Is robo for me?

I'm considering just using a robo investor. I don't mind using the Boglehead 3 fund approach, however I have little to no interest in doing TLH. How many hours as a complete novice (I'm terrible with number as well, I can't stress this enough) would take to do this per year at a high level? Doing t...
by goingup
Thu Apr 06, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: target retirement fund question
Replies: 6
Views: 376

Re: target retirement fund question

Your reasoning seemed sound when you chose 2050. Of course, your reasoning to choose 2040-45 sounds OK too. My theory, in general, is to stick with a well-reasoned plan and make very few changes. The change you propose is not too consequential at this point, so just make your decision and stick to i...
by goingup
Tue Apr 04, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring to Vanguard funds from other fund companies
Replies: 8
Views: 432

Re: Transferring to Vanguard funds from other fund companies

No, in your scenario you must sell the Fidelity500 fund if you (or relative) want to own the Vanguard500 fund. That would not be advisable. If your relative holds Fidelity funds in a taxable account and wants to escape from Northwestern Mutual, why not move to Fidelity?
by goingup
Tue Apr 04, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Transferring to Vanguard funds from other fund companies
Replies: 8
Views: 432

Re: Transferring to Vanguard funds from other fund companies

Nowizard- Find out the names of all the funds your relative would like to transfer to Vanguard. Some funds Vanguard will accept as transfer-in-kind. Some funds they may not. Best to call and ask. If they don't accept then the relative would have to sell. There is no way to avoid taxes when selling f...
by goingup
Tue Apr 04, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Tax implications for large re-balance
Replies: 17
Views: 845

Re: Tax implications for large re-balance

Nate79 wrote:There is no tax implication to buy and sell funds in tax advantage accounts including IRA's and 401k's.

Clear and concise as usual Nate79!
by goingup
Tue Apr 04, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Another DcA or Lump
Replies: 9
Views: 718

Re: Another DcA or Lump

Fiat lux wrote:I sold off some equities with higher Ers. I have about $18k in cash (about a 1/5th of my total portfolio)).

The answer in your case seems clear to me. You were fully invested before so get back immediately to being fully invested. :beer
by goingup
Tue Apr 04, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard automatic Roth investment stops pennies short of maximum yearly contribution?
Replies: 15
Views: 648

Re: Vanguard automatic Roth investment stops pennies short of maximum yearly contribution?

Any idea why Vanguard doesn't make up the pennies or whatever on the final deposit of the year, so my contributions are maxed? They aren't mind readers. You set up a specific ongoing transaction amount and it was executed. Maybe set up a transfer 2X per year, or quarterly? Pick an interval that div...

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