Search found 2764 matches

by goingup
Mon Nov 20, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?
Replies: 8
Views: 828

Re: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?

Nice job retiring with such a robust 401K balance. When I hear young people wanting to forego their 401Ks because of less than rock-bottom costs, I think it's the wrong decision. This 1.6M is just a 1/3 of your portfolio? I'd consider how to allocate the whole 5M. You'd likely want the tIRA to be bo...
by goingup
Mon Nov 20, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 17
Views: 647

Re: New car buyers...you should consider financing

I'm a "pay with cash, hate any debt" guy. That said, I took a new car loan at 5.9%, and I will explain why. I think my story is common. When I offered to pay cash, the dealer said he could offer a loan at 0.9% (some say 0%), and I said fine, knowing I am making 1.35% in an internet bank account. Th...
by goingup
Mon Nov 20, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Refinance 30yr to 15yr mortgage?
Replies: 27
Views: 2125

Re: Refinance 30yr to 15yr mortgage?

We've been "accidental" landlords with 2 homes due to company relocations. The rent has always covered PITI with more to spare which is good because a home requires upkeep and needs repairs. In your position I'd sell the house, probably next Spring. You have a losing proposition, and costs and repai...
by goingup
Sun Nov 19, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Insurance claim - what is my obligation?
Replies: 11
Views: 909

Re: Insurance claim - what is my obligation?

It is strange. Why would a moving company want a 3 yr old damaged mattress? Seems worthless. We have settled with moving companies for damages during 2 moves. Neither time did we replace the damaged furniture or have to return the item. I'd take a look at what you signed as you received the claim ch...
by goingup
Fri Nov 17, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 23
Views: 1100

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

You do not have to sell uncovered shares first. Or ever. Only the covered shares will change when you select SPEC ID--those purchased after 2012. What you say makes sense, but when I called Vanguard, they said I would have to sell the uncovered shares first, no matter what. Have you actually confir...
by goingup
Fri Nov 17, 2017 8:40 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 94
Views: 3755

Re: Where did you first learn about investing?

My co-worker retired at 55yr old. I had never seen this before, I thought that was young to retire and then I was interested to do the same! I asked him for advice and he told me about Jack Bogle, Vanguard, index funds, and S&P 500. I read Jack Bogle's Common Sense to Mutual Funds, then Random Walk...
by goingup
Thu Nov 16, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 94
Views: 3755

Re: Where did you first learn about investing?

I learned a bit from my Dad, co-workers, and in Business school. Then I read Bogleheads Guide, books by Jack Bogle, Bill Bernstein, and Rick Ferri and learned what was important. Almost every day I read some bit of wisdom on this forum that adds to my understanding.
by goingup
Thu Nov 16, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: RE sale: long close vs. bird-in-hand
Replies: 28
Views: 1880

Re: RE sale: long close vs. bird-in-hand

I'm a Seattle area homeowner and can't imagine taking Option A. They want to buy a year from now, live in it 6 months, sell their current home first. The only reason to consider such terms would be in a horrible market, with a undesirable home. And you're looking to hedge this bad deal with options...
by goingup
Thu Nov 16, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 23
Views: 1100

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

This is what I've done and I can't guarantee it's the best way, but it works for me. *All shares before 2012 are uncovered. They'll sell at Average Cost, when I sell them *All shares after 2012 I set to SPEC ID. I can choose which tax lots to sell, when I sell them. Go into your account, to Cost Ba...
by goingup
Thu Nov 16, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 23
Views: 1100

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

This is what I've done and I can't guarantee it's the best way, but it works for me. *All shares before 2012 are uncovered. They'll sell at Average Cost, when I sell them *All shares after 2012 I set to SPEC ID. I can choose which tax lots to sell, when I sell them. Go into your account, to Cost Bas...
by goingup
Thu Nov 16, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: RE sale: long close vs. bird-in-hand
Replies: 28
Views: 1880

Re: RE sale: long close vs. bird-in-hand

I'm a Seattle area homeowner and can't imagine taking Option A. They want to buy a year from now, live in it 6 months, sell their current home first. The only reason to consider such terms would be in a horrible market, with a undesirable home. And you're looking to hedge this bad deal with options?...
by goingup
Wed Nov 15, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7745

Re: Rebalancing in a taxable account isn't so simple

When you say "add muni bond funds, cash, CDs", that's new money and/or dividends, right? If your taxable equities have price appreciation that exceeds the new money and/or dividends for long enough to reach a rebalancing threshold, then you have the situation I'm talking about. Yes, but you just ke...
by goingup
Wed Nov 15, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7745

Re: Rebalancing in a taxable account isn't so simple

lairdb- In your scenarios why doesn't said windfall recipient buy muni bond funds? This is a very easy solution. We've been mostly taxable for 15-20 years. Not a problem--add muni bond funds, cash, CDs to maintain 60/40-ish balance. Haven't sold anything in taxable except for home downpayment and to...
by goingup
Wed Nov 15, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7745

Re: Rebalancing in a taxable account isn't so simple

I realize this is something of a necro-post, and probably no-one will see it, but this thread has annoyed me a bit (and I'm waiting for my code to compile ). If you find this too much work you could consider going with a robo advisor (Wealthfront, Betterment, etc.). They will handle all the tax eff...
by goingup
Tue Nov 14, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 85
Views: 4573

Re: Tipping in living wage state. Redux.

Man, leave it to Bogleheads to make even tipping a massively complicated issue... :happy Some Seattle restaurants have a no tip 'rule'. Go to those places. This has been around a fair amount of time now, at least in Seattle. Have folks, OP, not adjusted yet? I guess I'm not familiar with the "no ti...
by goingup
Tue Nov 14, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options (high fees!)
Replies: 26
Views: 1250

Re: Wife's 401k investment options (high fees!)

My wife also works at a small firm. She brought up the fact that their 401k had high fees to her boss. About a month later he cancelled the company's plan altogether. No more free money via a company match... Interesting. Having an expensive plan can be a liability (in terms of lawsuits) to an empl...
by goingup
Tue Nov 14, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Where to take more risk: 401k or Roth?
Replies: 32
Views: 2840

Re: Where to take more risk: 401k or Roth?

And by the way, the ER on the 2055 target date fund in her 401k is 0.07. Looks great on the surface, but that "fund" actually holds five Blackrock funds. And the ERs on those funds range from 0.13 and up. So is she really paying two ERs totaling somewhere north of 0.20% You are incorrect. The ER of...
by goingup
Tue Nov 14, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options (high fees!)
Replies: 26
Views: 1250

Re: Wife's 401k investment options (high fees!)

Your wife's options aren't great, but they aren't awful either. We certainly have seen worse options posted here. Participating in a 401K is easy and automatic so I wouldn't forego participating. It is the easiest way to build retirement wealth, IMO. Depending on how much you and your wife plan to c...
by goingup
Tue Nov 14, 2017 9:24 am
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 85
Views: 4573

Re: Tipping in living wage state. Redux.

Should I continue to tip 15% (or 20%) in these situations, or is the acceptable tip now something different (ie, lower)? Please discuss your rationale. I tip 15-20% because it is customary. I live in greater Seattle and realize many servers make now or will make $15/hour hourly wage. It is quite ex...
by goingup
Mon Nov 13, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2619

Re: What might you ask In-laws' FA?

I would ask your in-laws what they hope to achieve by you attending the meeting. My dad wanted me to meet "his guy" at Merrill Lynch just to have the connection for when he passed. He didn't want me to ask questions. If I knew then what I know now I would have wanted to understand what stocks he own...
by goingup
Mon Nov 13, 2017 10:11 am
Forum: Personal Consumer Issues
Topic: Did you want to set up a payment plan for that?
Replies: 19
Views: 2337

Re: Did you want to set up a payment plan for that?

No, I pay cash for a car, but finance the phone. :D The difference is I get a monthly bill from Verizon anyways so folding in the cost of the phone (at zero interest) makes no difference to me. When I pay cash for car I do it so I won't get a monthly bill.
by goingup
Sun Nov 12, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 2893

Re: Paying off Home mortgage, partner doubts?

OP-
You know the answer to this question.
by goingup
Sun Nov 12, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2956

Re: Fidelity 10X Retirement Rule - - Valid???

AlohaJoe wrote:
Sun Nov 12, 2017 8:09 am
The vast majority of Americans can use "10x final salary" as a target an be totally fine.
I agree. If you are 25,35,45 and not an investing hobbyist, as most of us are, this is a nice easy target to shoot for. When you get closer to retirement, you may want to put a finer point on this.
by goingup
Sat Nov 11, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: How much does diligent rebalancing add to a portfolio?
Replies: 35
Views: 2274

Re: How much does diligent rebalancing add to a portfolio?

3 people I listen to are not diligent rebalancers. Jack Bogle has said he doesn't subscribe to "slavish" rebalancing. Bill Bernstein has said rebalancing every several years suffices. Taylor Larimore uses 10% bands in his portfolio. The message I have taken away is don't tinker. It's OK to let your ...
by goingup
Fri Nov 10, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 67
Views: 4259

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

No. I also don't keep monuments of other bad decisions around like: ex-wife bad friends wrecked cars broken dishes I try to learn from my mistakes and not repeat them. I don't need momentoes to remember my mistakes. I :D This gave me a big laugh this morning! I share this sentiment. Cull the losers...
by goingup
Thu Nov 09, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleizing Widowed Mom's Portfolio (tax considerations)
Replies: 25
Views: 1689

Re: Bogleizing Widowed Mom's Portfolio (tax considerations)

Wow. That's a lot of positions. I don't know "best" thing to do, but like you, I'd try to consolidate these holdings. Here's the order in which I might approach it: Sell anything with a loss Sell high cost ETFs and put proceeds into Schwab index funds Sell any stocks make up less than 1% of portfoli...
by goingup
Thu Nov 09, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Cable switching thought exercise
Replies: 15
Views: 879

Re: Cable switching thought exercise

Yes, we've done the switch but have different last names. Comcast customers. The other thing to do is go into the store and negotiate in person. I've gotten really good deals in person. I haven't been successful with Comcast over the phone recently. I resent the song-and-dance we have to do every 2...
by goingup
Wed Nov 08, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Cable switching thought exercise
Replies: 15
Views: 879

Re: Cable switching thought exercise

Yes, we've done the switch but have different last names. Comcast customers. The other thing to do is go into the store and negotiate in person. I've gotten really good deals in person. I haven't been successful with Comcast over the phone recently. I resent the song-and-dance we have to do every 2 ...
by goingup
Wed Nov 08, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12682

Re: How old are you and how much do you save for retirement a year

Context is everything. What % of gross income are you saving?

I read once on this forum and liked:
Save 10% and you'll be fine
Save 20% and you'll thrive
Save 30% and you'll be wealthy

(Of course it helps to start young, progressively make more money, and live modestly! :beer )
by goingup
Wed Nov 08, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Annuity Alternative
Replies: 54
Views: 2278

Re: Annuity Alternative

One big risk is that the relative will want to pay off early. Not many people want to be tethered to a personal loan for 25 years.

The only reason to lend to a relative is because of familial duty or magnanimity, not to generate a tidy long-term income stream.
by goingup
Tue Nov 07, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8702

Re: "I took all my money out of the stock market and it feels amazing"

Hmmm....I'm skeptical of something and wonder if someone can help me out. She says: Back in the early 1980s, I inherited $50,000. At the time, that was so much more money than I’d ever had before that I decided I’d better educate myself about financial matters. After much research, I put that money...
by goingup
Tue Nov 07, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck between rock and hard place
Replies: 16
Views: 2334

Re: Stuck between rock and hard place

Suggestions-
Donate shares to charity
Gift shares away
Don't reinvest dividends or capital gains distributions
Have specific ID set up so you can sell shares with least appreciation
Harvest losses in other funds to off-set gains if you want to sell some shares
by goingup
Tue Nov 07, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12957

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

dbr wrote:
Mon Nov 06, 2017 5:35 pm
Larry has been slaughtering dividends seemingly forever and also seemingly to no effect judging from the persistence of the discussion.
This was my thought too. That cow is not going quietly! :D
by goingup
Tue Nov 07, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9333

Re: "$1 Million is Closer Than You Think"

Terrific message from Vanguard --in essence: *You can accrue wealth by long-term planning instead of chasing short-term fads *Use investing principles to set goals. *Make small changes to increase contributions. *Pay attention to costs. *Stay the course and don't react with emotion. *Stay focused on...
by goingup
Mon Nov 06, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Growth Amount
Replies: 5
Views: 496

Re: Mutual Fund Growth Amount

Hi, Does anybody know of a website where I can see how much VFAIX (Vanguard S&P 500) and VTSAX (Vanguard Total Stockmarket) has appreciated with dividend reinvestments and minus expense. For example, I would like to see how much $10,000 invested in VFAIX on 1/1/2008 is worth on 9/30/2017. Thanks It...
by goingup
Sun Nov 05, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3474

Re: Should one use REITs

You can take a look at how REIT has performed compared to other asset classes in this table created by Ben Carlson as posted on his blog. The table is like the Callan Table, except shows asset classes. http://awealthofcommonsense.com/wp-content/uploads/2017/03/Screen-Shot-2017-03-18-at-8.37.15-PM.png
by goingup
Sun Nov 05, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3474

Re: Should one use REITs

Several portfolios as shown in the forum Wiki have a REIT allocation. The slice is usually 5-15%. There hasn't been much talk about REITs lately because the YTD performance is lagging. If you want them, hold them in a tax-advantaged account.
https://www.bogleheads.org/wiki/Lazy_portfolios
by goingup
Thu Nov 02, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: How consistent will VNQ dividend be?
Replies: 65
Views: 3561

Re: How consistent will VNQ dividend be?

delrinson- I can give you a data point using a very small Roth I have holding only VGSLX: Nov. 1st 2012 Balance: $10,431 Nov. 2nd 2017 Balance: $16,589 5 year Market gains: $3,310 5 year Income returns: $2,848 It looks like the income has been about 5% per year. I would think $260K would produce clo...
by goingup
Thu Nov 02, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Break My Love Affair With Fidelity Low Priced Stock
Replies: 76
Views: 5982

Re: Help Me Break My Love Affair With Fidelity Low Priced Stock

I would keep it, but I'm rather loyal to people, products, and institutions that I feel have done right by me. You own an investment that has outperformed since the early 90's. That's amazing. It's proven it's worth and shows no signs of breaking faith. Next decision? What's for dinner?
by goingup
Thu Nov 02, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: DRIP in Taxable Account?
Replies: 7
Views: 712

Re: DRIP in Taxable Account?

I have always reinvested dividends because it's easiest and the money gets invested immediately. I don't care about tax lots because my broker keeps track of them.
by goingup
Thu Nov 02, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice/liquidation of equities
Replies: 13
Views: 822

Re: Portfolio advice/liquidation of equities

I think you're not understanding the tax implications of selling the Franklin funds in your taxable account. You want to know the "cost basis" totals for each fund. You should be able to see this information on-line in your account. If these funds are worth $60K today, you likely have a good-sized ...
by goingup
Thu Nov 02, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Help me get back into the market
Replies: 31
Views: 5042

Re: Help me get back into the market

Just wanted to close the loop and thank everybody for the helpful advice. I also wanted to share a link to an article by Larry Swedroe a couple of weeks back that may help anybody else who refers to this thread in the future. http://www.etf.com/sections/index-investor-corner/swedroe-better-face-cor...
by goingup
Thu Nov 02, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 2923

Re: Do you Mow your own Lawn?

Yes. Always. There was a funny thread here years ago from someone who asked if anyone else (besides him) mowed barefoot. EmergDoc (now known as WhiteCoatInvestor) said he only wished people would wear shoes on their hands, as well as their feet when mowing! I wear long pants, shoes, safety goggles, ...
by goingup
Thu Nov 02, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice/liquidation of equities
Replies: 13
Views: 822

Re: Portfolio advice/liquidation of equities

I think you're not understanding the tax implications of selling the Franklin funds in your taxable account. You want to know the "cost basis" totals for each fund. You should be able to see this information on-line in your account. If these funds are worth $60K today, you likely have a good-sized a...
by goingup
Thu Nov 02, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Another my 401(k) options are bad, please help posts
Replies: 7
Views: 593

Re: Another my 401(k) options are bad, please help posts

Those options are quite good. Is there a Target Fund available? That would be my recommendation if it has a reasonable ER. Your bond allocation is heavy for a young person. Vanguard Target funds 2045 and 2055 each have about a 10% bond allocation. I think it's fine to be aggressive in your 401K beca...
by goingup
Thu Nov 02, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: 3 Admiral funds vs 1 Target fund?
Replies: 10
Views: 840

Re: 3 Admiral funds vs 1 Target fund?

I like Target Funds, especially from a behavioral aspect. There is no thinking, mulling, delaying about which asset class to add to when it's time to contribute to your IRA. You'll just buy more TR fund and be done. One thing that hurts investors is overthinking rather than just getting invested app...
by goingup
Wed Nov 01, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds vs. benchmark on American Funds website?
Replies: 25
Views: 1265

Re: American Funds vs. benchmark on American Funds website?

American Funds are really well-managed funds. The problem is paying the load. There are now share classes (available through advisors) that are no-load and have relatively low expense ratios. We've owned American Funds Balanced (R6) ER.29 in a 401K for 10 years. Has similar performance to Vanguard W...
by goingup
Wed Nov 01, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Moving to Oahu, HI -- best way to find an apt
Replies: 7
Views: 942

Re: Moving to Oahu, HI -- best way to find an apt

My sis and BIL moved to Oahu for a 3-yr stint with the Fed gov't. They were able to take the lease from someone in the dept who was moving back to the mainland. You might start your search by contacting your hiring agency for suggestions.
by goingup
Wed Nov 01, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: 2-fund vs. 3-fund
Replies: 26
Views: 2508

Re: 2-fund vs. 3-fund

Why even post your question if you already had a firm conviction? You have posted before on this forum that you're a US-centric investor. Go for it! Many of us feel holding between 20-50% international makes the most sense going forward, so you're not convincing anyone with backtesting. I value you...
by goingup
Wed Nov 01, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Pay off boat or invest the money?
Replies: 4
Views: 475

Re: Pay off boat or invest the money?

Pay it off. Boats are more enjoyable when they are paid for. The rule in our house is all toys (boats, sea-doos, etc.) must be paid for in cash. If you pay cash for something, chances are you have really thought hard about the purchase and really, really want it!