Search found 490 matches

by jdilla1107
Sun Apr 17, 2016 9:22 pm
Forum: Personal Consumer Issues
Topic: Better than amazon??
Replies: 65
Views: 9283

Re: Better than amazon??

So I decided to do little shopping comparison using items that I thought people might commonly shop for online. I didn't cherry pic items or discard anything that didn't fit my preconceptions. I didn't include shipping cost, as all of these vendors offer some sort of free shipping deal, although Wa...
by jdilla1107
Fri Apr 15, 2016 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Planning for 2016
Replies: 8
Views: 1706

Re: Tax Planning for 2016

Are you an employee or own your own business? Some suggestions: - Look into donor advised funds. You can essentially prepay your charitable giving and get an immediate tax break. This is a great strategy for tax arbitrage, if you don't expect your income to remain this high for a long time. - Use mu...
by jdilla1107
Tue Apr 05, 2016 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest HSA with Wells Fargo?
Replies: 8
Views: 884

Re: How to invest HSA with Wells Fargo?

I invest in wells fargo hsa. WFIOX (an sp500 index fund) is the only fund i invest in because all of the other options have significantly higher fees. This fund is currently .25%, which is pretty good.
by jdilla1107
Wed Mar 30, 2016 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate License for your own personal RE
Replies: 15
Views: 1506

Re: Real Estate License for your own personal RE

My opinion is that a selling agent adds real value and a buying agent adds almost none. The selling agent has a national network of potential buyers to market your house to. Doing this with a sign in your yard will be less effective than what they can do. Also, note that if you put your house in the...
by jdilla1107
Wed Mar 30, 2016 6:21 pm
Forum: Investing - Theory, News & General
Topic: What if your money in Vanguard disappeared one day??
Replies: 44
Views: 6344

Re: What if your money in Vanguard disappeared one day??

There is a similar government organization called SIPC that insures securities:

http://www.sipc.org/for-investors/what-sipc-protects
by jdilla1107
Sun Mar 20, 2016 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Buying a new car
Replies: 56
Views: 6794

Re: Buying a new car

I do everything by email. - Decide on the exact car you want. - Research the invoice price. - Email a dealer outside of your town and say that you will pay cash, have no trade-in (these are both important to their profit) and you would like to pay 100-500 over invoice. Pick one of those number depen...
by jdilla1107
Fri Mar 18, 2016 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: No idea how much to save in a 529
Replies: 37
Views: 3389

Re: No idea how much to save in a 529

At least put enough to get the state tax deduction. In NY for married, it looks like you can deduct up to $10,000 a year from state taxes. That's free money for a high income person.
by jdilla1107
Thu Feb 11, 2016 8:09 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 7123

Re: Yellen: "We're taking a look at negative interest rates."

Let me weight in here: Despite negative interest rates in Europe and Japan, No bank has ever charged negative rates to customers holding cash deposits as of now. Most banks do not even have the ability from a technology perspective to charge negative rates. Charging someone $5 a month for a checkin...
by jdilla1107
Fri Sep 25, 2015 9:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 124738

Re: Vanguard sued for charging too little

Let's say that Exxon Mobil decided instead of paying a cash dividend to its shareholders, they would instead offer a "fee discount" on gasoline. Each Exxon Mobil shareholder gets a certain amount of free gasoline based on how many shares they hold. Then Exxon Mobil says that the free gaso...
by jdilla1107
Fri Sep 25, 2015 7:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 124738

Re: Vanguard sued for charging too little

Well, I'll leave this for the lawyers to opine on. Still makes no sense as there's no profit being hidden from taxation anywhere from a common sense perspective, only hypothetical profit. Let's say that Exxon Mobil decided instead of paying a cash dividend to its shareholders, they would instead of...
by jdilla1107
Thu Sep 17, 2015 8:56 pm
Forum: Investing - Theory, News & General
Topic: Decided to try timing the market. 100% short on 9/17/15
Replies: 334
Views: 41986

Re: Decided to try timing the market. 100% short on 9/17/15

You just "sold the dividend". Ex-div is tomorrow on SPY.
by jdilla1107
Mon Aug 24, 2015 7:20 pm
Forum: Investing - Theory, News & General
Topic: Does initial buy-in cost have significance impact on long term return?
Replies: 14
Views: 687

Re: Does initial buying cost have significance impact on long term return?

So would guys consider this initial Buy-in cost to be one of, if not, the most important factor that all new investors should be looking at before jumping in? Thanks People lose A LOT more than 15% by making behavioral and other investing mistakes. You can lose far more than this by just picking ex...
by jdilla1107
Wed Aug 19, 2015 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest? If so, how?
Replies: 11
Views: 1546

Re: Tax loss harvest? If so, how?

I think one can have some confidence that things will be dramatic. You are consistently careful with the language of your predictions almost like a CNBC talking head. What does "some confidence" mean? What does dramatic mean? If you mean better than 50-50 odds on volatility above what the...
by jdilla1107
Mon Aug 17, 2015 8:32 pm
Forum: Investing - Theory, News & General
Topic: Theoretic borrowing and arbitrage question
Replies: 6
Views: 590

Re: Theoretic borrowing and arbitrage question

Keep in mind that the Tbill interest may be taxable (if it's in a taxable account) your loan may not be tax deductible. You need to take this into account to make sure your arb isn't actually losing money when taxes are taken into account.
by jdilla1107
Thu Aug 06, 2015 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares
Replies: 13
Views: 2271

Re: Vanguard Admiral Shares

I'm under the impression that you cannot buy Admiral shares at Wells Fargo. Am I having a brain burp? He's buying admiral shares at Vanguard with money from his Wells Fargo bank account. No, this is at Wells Fargo brokerage. I hold several other vanguard admiral shares there as well. But, all are n...
by jdilla1107
Thu Aug 06, 2015 6:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares
Replies: 13
Views: 2271

Vanguard Admiral Shares

I wanted to buy the Vanguard Intermediate-Term Tax-Exempt Fund. From Wells Fargo, I put in an order for $25,000 for this: Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) However, the vanguard webpage says "Minimum investment $50,000". The order went through, I got a trade...
by jdilla1107
Sat Jul 18, 2015 6:51 am
Forum: Investing - Theory, News & General
Topic: Any reason to hold short-term bonds with a long-term horizon?
Replies: 29
Views: 2891

Re: Any reason to hold short-term bonds with a long-term horizon?

When thinking about risk, some investors care about issues other than volatility. There are many investors, such as pension plans, that have fixed long-term obligations. Insurance companies are another good example of investors who have relatively well defined long-term obligations. In order to cre...
by jdilla1107
Sun Jun 21, 2015 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Would you pay an ER of 0.92% for a Life Strategy Fund in a 401k?
Replies: 13
Views: 1678

Re: Would you pay an ER of 0.92% for a Life Strategy Fund in a 401k?

If not, why not put your "401K" money into a personal tIRA after max-ing out your ROTH. You are not allowed to max out both a Roth and T-IRA. Your total contributions have to fall under the limit. ($5500) To the OP, while .92% is high, remember that the difference of .92% and .20% on a ba...
by jdilla1107
Mon May 25, 2015 6:12 pm
Forum: Investing - Theory, News & General
Topic: Are Bond ETFs a bad idea?
Replies: 43
Views: 4302

Re: Are Bond ETFs a bad idea?

They're available to me through TD Ameritrade. Aren't the expense ratios pretty much the same if you're buying Admiral shares? For example, Vanguard LT Corporate Bond are both .09%. Last I checked you couldn't get admiral shares of index funds if you didn't have your brokerage at vanguard. Do the f...
by jdilla1107
Mon May 25, 2015 11:18 am
Forum: Investing - Theory, News & General
Topic: Are Bond ETFs a bad idea?
Replies: 43
Views: 4302

Re: Are Bond ETFs a bad idea?

Hank Moody wrote:Aren't the expense ratios pretty much the same if you're buying Admiral shares? For example, Vanguard LT Corporate Bond are both .09%.


Last I checked you couldn't get admiral shares of index funds if you didn't have your brokerage at vanguard.
by jdilla1107
Mon May 25, 2015 8:25 am
Forum: Investing - Theory, News & General
Topic: Are Bond ETFs a bad idea?
Replies: 43
Views: 4302

Re: Are Bond ETFs a bad idea?

I have been following this thread with great interest. I'm curious why, with Vanguard, one would prefer the bond ETF over the equivalent MF. If the ETF investor has to deal with bid/ask spreads and MF investor doesn't, wouldn't the MF typically be the better choice? With Vanguard, doesn't the ETF i...
by jdilla1107
Sun May 24, 2015 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage - Extended Rate Lock
Replies: 19
Views: 2249

Re: Mortgage - Extended Rate Lock

Just ignore all of this and find the best rate when you are actually ready to buy. These rate locks are a racket to generate more bank fees. The mortgage interest rate market is just as hard to predict as the stock market, so don't kid yourself that you see something the banks (and rest of the world...
by jdilla1107
Sat May 09, 2015 1:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard investors: be thankful for ETFs!*
Replies: 24
Views: 4151

Re: Vanguard investors: be thankful for ETFs!*

I wonder if the fact that Vanguard does this leads to the ETFs being inferior compared to other ETFs from a tax efficiency perspective because the ETF holders are forced to share tax efficiency with the mutual fund class.
by jdilla1107
Sat May 09, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: NYT: 2% rebate credit cards; will they last?
Replies: 30
Views: 4160

Re: NYT: 2% rebate credit cards; will they last?

vitaflo wrote:All people are doing is getting 2% back on products that cost 2% more.


This would only be true if everyone used 2% cash back cards. If I instead use a card that pays 0%, then I'll pay 2% more for products and get 0% back.

A lot of people don't use rewards cards.
by jdilla1107
Wed May 06, 2015 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Long term Capital Gains vs Tax loss harvesting
Replies: 13
Views: 1179

Re: Long term Capital Gains vs Tax loss harvesting

I may be missing something...*but* Why defer it? At some point you will pay, and the rate you pay is the same? 15%...whether is now or in 30 years. Matt You are forgetting inflation. Would you rather pay $5,000 in taxes now or in 30 years? In 30 years, $5,000 will be worth a lot less than it is now...
by jdilla1107
Sun Apr 26, 2015 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Is the 1% Cost of Managing Money Worth It?
Replies: 53
Views: 5883

Re: Is the 1% Cost of Managing Money Worth It?

Some people are projecting 2-3% real returns over the next decade. That means that a small sounding number of 1% is actually 33%-50% of your investment returns.

How does it sound when you phrase it as "you 'll get half and they'll get half"?
by jdilla1107
Sat Apr 25, 2015 11:50 am
Forum: Investing - Theory, News & General
Topic: Someone please explain why ibonds are so great?
Replies: 16
Views: 3661

Re: Someone please explain why ibonds are so great?

also what about ee bonds? Other than the doubling after 20yrs what is the appeal of these right now? The current 20 yr treasury rate is 2.36%. EE bonds pay 3.53% if held for 20 years. That's a big difference. But, even better is that EE interest is tax deferred. So, if in 20 years you will be in a ...
by jdilla1107
Sat Apr 25, 2015 11:43 am
Forum: Investing - Theory, News & General
Topic: I-Bonds/TIPs:When interest rate rises, inflation is lowered?
Replies: 5
Views: 1068

Re: I-Bonds/TIPs:When interest rate rises, inflation is lowe

Predicting the bond market is just as hard as predicting the stock market. The bond market also anticipates future events, just like the stock market. Your proposed plan is like saying, "So, I'll just buy stocks when consumers spend more." Too simplistic.
by jdilla1107
Sun Apr 12, 2015 8:47 am
Forum: Investing - Help with Personal Investments
Topic: I-Bonds vs EE Bonds vs TIPS vs Treasuries - 20 years
Replies: 22
Views: 2804

Re: I-Bonds vs EE Bonds vs TIPS vs Treasuries - 20 years

EE bonds are the best deal if you are certain you won't sell them for 20 years. This means you need other bonds available for rebalancing and EE bonds should probably be kept at less than 1/4 of your bond portfolio. Their illiquidity is a real concern you need to be mindful of. Also, note that if yo...
by jdilla1107
Thu Apr 09, 2015 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up a Trust...
Replies: 13
Views: 2023

Re: Setting up a Trust...

Why are you interested in a trust? In the old days, a primary reason was to avoid estate taxes, but today you can pass 5.4m without paying estate taxes and that amount is indexed to inflation. Also, note that you can specify that trust be created in your will. So, your will can say something like &q...
by jdilla1107
Sun Apr 05, 2015 9:37 pm
Forum: Investing - Theory, News & General
Topic: Why are Bonds expensive?
Replies: 24
Views: 2720

Re: Why are Bonds expensive?

A well written answer from Ben Bernake: Part 1: http://www.brookings.edu/blogs/ben-bernanke/posts/2015/03/30-why-interest-rates-so-low Part 2: http://www.brookings.edu/blogs/ben-bernanke/posts/2015/03/31-why-interest-rates-low-secular-stagnation Part 3: http://www.brookings.edu/blogs/ben-bernanke/po...
by jdilla1107
Sun Mar 29, 2015 5:23 pm
Forum: Investing - Theory, News & General
Topic: Using my HSA as a ROTH IRA vehicle
Replies: 6
Views: 1027

Re: Using my HSA as a ROTH IRA vehicle

Yes, many do this:

See "Paying current expenses out of pocket" here:

http://www.bogleheads.org/wiki/Health_savings_account
by jdilla1107
Sun Mar 29, 2015 8:42 am
Forum: Investing - Theory, News & General
Topic: Saving for a Car - investing in ST Muni bond mutual fund
Replies: 19
Views: 1235

Re: Saving for a Car - investing in ST Muni bond mutual fund

The SEC Yield on this fund is reported as NEGATIVE .13%. http://www.morningstar.com/funds/XNAS/ATFCX/quote.html This is because the fees (1.38%) are higher than what the bonds actually return. This fund is quite literally a joke, in my opinion. Is your tax bracket high enough to benefit from muni fu...
by jdilla1107
Sat Feb 28, 2015 8:50 pm
Forum: Investing - Theory, News & General
Topic: Illiquid Assets
Replies: 51
Views: 6391

Re: Illiquid Assets

EE bonds are illiquid if used correctly and pay a nice premium over treasuries. If held for exactly 20 years they pay 3.53% where a 20yr treasury only pays 2.39% right now.
by jdilla1107
Sat Feb 28, 2015 4:49 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds vs Individual Bonds
Replies: 11
Views: 997

Re: Bond Funds vs Individual Bonds

Bonds held in a fund act the same way as bonds held not in a fund when interest rates change. People that say otherwise have a fundamental lack of understanding of money and interest rates.
by jdilla1107
Mon Feb 23, 2015 8:59 pm
Forum: Investing - Theory, News & General
Topic: My review of the Wells Fargo HSA
Replies: 11
Views: 2880

Re: My review of the Wells Fargo HSA

mikep wrote:I think Saturna is the cheapest .. you could buy a VG ETF for $14.95 per trade per year and invest the entire account. I use them and are happy with them.


Interesting. Didnt look at that one.
by jdilla1107
Mon Feb 23, 2015 8:48 pm
Forum: Investing - Theory, News & General
Topic: My review of the Wells Fargo HSA
Replies: 11
Views: 2880

Re: My review of the Wells Fargo HSA

I believe Wells Fargo has the cheapest HSA out there if you are willing to put it all in their SP500 fund. I spent awhile looking at the different options and found this to be the case.
by jdilla1107
Mon Feb 16, 2015 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Bond investors...is there a crash on the horizon..!!
Replies: 43
Views: 3860

Re: Bond investors...is there a crash on the horizon..!!

alex_686 wrote:Investing in bonds is as risky as investing in stocks. The risk factors are different, but the absolute level of risk is the same. Bonds are offering very thin returns for the risks offered and could blow up any time.


No. You could not be more wrong by any reasonable definition of the word risk.
by jdilla1107
Thu Feb 12, 2015 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: National muni tax-exempt funds
Replies: 10
Views: 1391

Re: National muni tax-exempt funds

The .47% ER on the fidelity fund is too high for me. Note that on a $50,000 investment the difference between .47% and .17% will be $150 a year, so the one time $75 fee might not be so bad.

You also might want to consider transferring to a different brokerage. $75 is very high in today's market.
by jdilla1107
Thu Feb 12, 2015 8:52 pm
Forum: Investing - Theory, News & General
Topic: buy gold in euro terms
Replies: 27
Views: 1642

Re: buy gold in euro terms

"Invest in gold in Euro terms" is a nonsensical idea. Agreed. But it sounds good. That's the kind of phrase that will help land you on CNBC. It's not. The trick is to think of an investment that would match the performance gold in euro terms. And that investment is a dual position in long...
by jdilla1107
Thu Feb 12, 2015 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: National muni tax-exempt funds
Replies: 10
Views: 1391

Re: National muni tax-exempt funds

Not sure what you mean by the transaction fee for vanguard funds. I buy vanguard funds at my non-vanguard brokerage for no transaction fee. I do believe that the vanguard intermediate muni fund is closed to non-vanguard accounts right now though. BMBIX is a decent option in the intermediate muni cat...
by jdilla1107
Mon Feb 09, 2015 9:56 pm
Forum: Investing - Theory, News & General
Topic: buy gold in euro terms
Replies: 27
Views: 1642

Re: buy gold in euro terms

Why are these different, except for trading expenses? Plan A: 1. Buy gold with USD. 2. Sometime later, sell gold for USD. Plan B: 1. Buy Euros using USD. 2. Buy gold with said Euros. 3. Sometime later, sell gold for Euros. 4. Buy USD using said later Euros. Plan B includes currency risk. No, it doe...
by jdilla1107
Mon Feb 09, 2015 9:48 pm
Forum: Investing - Theory, News & General
Topic: buy gold in euro terms
Replies: 27
Views: 1642

Re: buy gold in euro terms

today on CNBC they were saying "buy gold in Euro terms" how do you do this? i thought gold is gold...? You are correct. Gold is gold and gold doesn't remember how you purchased it. When people say this sort of thing for a US investor, they mean holding two positions at the same time, a po...
by jdilla1107
Sat Jan 24, 2015 12:08 pm
Forum: Investing - Theory, News & General
Topic: Asness - The Small-Firm Effect Is Real, and It’s Spectacular
Replies: 62
Views: 8703

Re: Asness - The Small-Firm Effect Is Real, and It’s Spectac

. Since the inception of the Bridgeway fund BRSIX 7/31/1997 - 12/31/2014 - annualized return 11.8% = CRSP10 (Benchmark for BRSIX) 11.5% = Brirdgeway Ultra-small Co. Mkt (BRSIX) 10.0% = DFA US Microcap (DFSCX) 8.6% = Vanguard Small Cap Index (NAESX) 6.4% = Vanguard 500 (VFINX) http://quotes.mornings...
by jdilla1107
Sat Jan 17, 2015 5:33 pm
Forum: Investing - Theory, News & General
Topic: Does strategy even matter?
Replies: 12
Views: 1859

Re: Does strategy even matter?

You are right, it doesn't really matter all the much. However, the discussion serves an important purpose of truly understanding why you are doing something, so that when times get bad you stick to the plan. Defending and explaining your plan helps solidify it. Scrutiny is important for staying the ...
by jdilla1107
Sun Jan 11, 2015 5:53 pm
Forum: Investing - Theory, News & General
Topic: Anti- Market Timers still seem to endorse market-timing??
Replies: 22
Views: 3054

Re: Anti- Market Timers still seem to endorse market-timing?

What if it was 51% of the time heads and 49% of the time tails? The problem is that its very hard to measure "the coin's" probability. There is so much noise mixed in with the signal in the public markets, that it's almost impossible to measure. How many times would you have to flip a coi...
by jdilla1107
Sat Jan 10, 2015 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to protect my downside - considering I/EE bonds, CDs
Replies: 15
Views: 2134

Re: Looking to protect my downside - considering I/EE bonds,

Also remember that EE bonds are tax deferred, which for some (like me) are as good as tax free. A 38% tax bracket means that the CD really yields 38% less than the stated yield. If you can redeem the EE bond in a low income future, you are even better off. Even if you can't retire having a "low...
by jdilla1107
Tue Jan 06, 2015 10:53 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 131
Views: 22055

Re: Vanguard introduces first muni bond index fund and ETF

Strangely, iShares reports MUB's SEC Yield as 1.61%, and a duration of 6.29 years. MUB has $4B in AUM. http://www.ishares.com/us/products/239766/ishares-national-amtfree-muni-bond-etf I have been confused by the MUB SEC yield for awhile. I have always stayed in Vanguard Long-Term Tax-Exempt Fund be...
by jdilla1107
Sun Jan 04, 2015 2:00 pm
Forum: Investing - Theory, News & General
Topic: Boglehead theory on p2p lending?
Replies: 53
Views: 8973

Re: Boglehead theory on p2p lending?

I don't understand what you mean be "it's accounted for". I take on more risk - I have a higher expected return. If that return is achieved, i'd be on the upper end of the return spectrum - above the median. So, I don't understand in what sense that's accounted for - given the logic I've ...

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