Search found 276 matches

by jmk
Tue Oct 17, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 12
Views: 1083

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

Are there any quantitative resources to support the strategy of bonds -> tax advantaged accounts (or vice versa?)? I found the analysis and spreadsheets at http://www.retailinvestor.org/RRSPmodel.html very helpful in trying to figure out the nuances. I draw your attention especially to "RRSP Decisi...
by jmk
Sat Oct 14, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 7478

Re: Alternative to Google Finance?

Use the tools bar and look for instant X-ray on the drop down. You should not have to have a free trial for the instant x-ray. You just have to enter your tickers and add how many dollars on each fund. It will give you the complete x-ray after you enter the info. thank you! i was trying to do xray;...
by jmk
Fri Oct 13, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 7478

Re: Alternative to Google Finance?

Is there any free service that is similar to the Morningstar "portfolio x-ray" feature? The x-ray service at Morningstar has a free mode. You just have to hand enter your portfolio each time to get the X-Ray from one of the drop down categories. If you are tracking a portfolio there, just use the d...
by jmk
Fri Oct 13, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 7478

Re: Alternative to Google Finance?

dwickenh wrote:
Tue Sep 26, 2017 5:27 pm
Agree that without a subscription it can be aggravating. I do not subscribe as I think the price is too high for the product.
Is there any free service that is similar to the Morningstar "portfolio x-ray" feature?
by jmk
Mon Oct 09, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: US I-bonds to 529 plan/ Tax question
Replies: 6
Views: 570

Re: US I-bonds to 529 plan/ Tax question

Oddly the 8815 form doesn't mention 529s. Does the 529 rollover need to happen the same year you spend on the educational expenses just as if you're using the bonds directly for education expenses? As an aside, is the rollover a way around the restriction on Treasuries for tuition only (no room and ...
by jmk
Mon Oct 02, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: Is a Roth conversion a good idea if you are in the 15% tax bracket?
Replies: 39
Views: 3738

Re: Is a Roth conversion a good idea if you are in the 15% tax bracket?

You should know what your pension & SS would be if you were 65 next week based on today's wages. And you know what your RMD would be also be based on the IRA balance today. Decide on that basis if you would do a ROTH conversion this December. Next year do the calculation again based on the newer da...
by jmk
Mon Oct 02, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: Is a Roth conversion a good idea if you are in the 15% tax bracket?
Replies: 39
Views: 3738

Re: Is a Roth conversion a good idea if you are in the 15% tax bracket?

Under current law you will probably not be in the 15% marginal tax rate when you start taking social security because up to 85% of you SS becomes taxable for each dollar of other income you have - like RMD's. So in the 15% bracket you marginal rate may be 27.75% not 15%. And you qual divs and LTCG ...
by jmk
Thu Sep 28, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4665

Re: Research Affiliated Model Portfolios: ZERO % US stocks

Their results are a bit unexpected given the fairly wide range around their predicted value of US equity large; but I suppose the low end of EAFE is still above the high range of US Large. From their web site: Valuation based model (CAPE) (real) -3.3 to 4.4% (0.5% avg) Yield & Growth model (Gordon) ...
by jmk
Fri Sep 22, 2017 3:50 am
Forum: Investing - Help with Personal Investments
Topic: Having First Child a little later in life, Debt just paid, Help Us Check In
Replies: 14
Views: 1696

Re: Having First Child a little later in life, Debt just paid, Help Us Check In

adam61 wrote:
Thu Sep 21, 2017 11:07 am
I’ve never wanted to deal with the tax considerations and other terms that come with taxable accounts outside CD/SAV/I-bonds which are just simple interest.
Mental block aside, you could also use savings bonds to pay college tuition tax free.
by jmk
Wed Sep 20, 2017 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help me solve: Not allowed access to savings at Canadian bank
Replies: 13
Views: 1853

Re: Help me solve: Not allowed access to savings at Canadian bank

If I were you, plan a trip up to anywhere close to you in Canada to appear in a branch, and document yourself to them That's what they said: "the Edmonton fair is wonderful." , Why keep the account if you are never going to visit Canada ?... plus you have foreign bank reporting requirements (FBAR, ...
by jmk
Wed Sep 20, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Are quality exterior doors worth it?
Replies: 17
Views: 2112

Re: Are quality exterior doors worth it?

It's nice they stand by their work, but warranties are an actuarial bet and the chances of anyone calling in that warranty in decades are essentially zero. I agree. I've seen a lot of doors in houses that are decades old and still in good shape. In fact, I can't think I've ever seen a door fail oth...
by jmk
Wed Sep 20, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Does bid-ask spread matter with automatic reinvestment?
Replies: 14
Views: 705

Re: Does bid-ask spread matter with automatic reinvestment?

If you reinvest dividends in a mutual fund, the fund has to purchase the underlying assets, and there will be a spread there, too. I don't think there's much of a difference. One you see very plainly, the other you don't. I may ignorant but aren't mutual funds ought and sold at a single price at en...
by jmk
Wed Sep 20, 2017 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: is AQR long-short really less risky than TSM?
Replies: 11
Views: 780

Re: is AQR long-short really less risky than TSM?

Well, M* says that the minimum investment is $5 million. I guess I will take a pass on this opportunity. There are some brokerages where you can buy N shares for around $3K minimums in IRAs, like Fidelity. Some have access to institutional shares through advisers as well. For the record I have only...
by jmk
Wed Sep 20, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: is AQR long-short really less risky than TSM?
Replies: 11
Views: 780

Re: is AQR long-short really less risky than TSM?

Well, M* says that the minimum investment is $5 million. I guess I will take a pass on this opportunity. There are some brokerages where you can buy N shares for around $3K minimums in IRAs, like Fidelity. Some have access to institutional shares through advisers as well. For the record I have $280...
by jmk
Wed Sep 20, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Does bid-ask spread matter with automatic reinvestment?
Replies: 14
Views: 705

Re: Does bid-ask spread matter with automatic reinvestment?

There is NO bid/ask spread at the opening cross when Vanguard executes the order for dividend reinvestment, so the bid/ask spread does not come into play when Vanguard is one's broker: "Rounding error" isn't the same as bid-ask spread, and looks miniscule. Ok, so if all that's true then I am probab...
by jmk
Wed Sep 20, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: is AQR long-short really less risky than TSM?
Replies: 11
Views: 780

Re: is AQR long-short really less risky than TSM?

Just a simple statement of what I found. ... By all the measures shown by PortfolioVisualizer, it's been better in every way. This much I know. Of course we don't know how the fund would react in a crash. And more importantly, since it's "safety" is from balancing shorting and leverage, we don't kn...
by jmk
Wed Sep 20, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Does bid-ask spread matter with automatic reinvestment?
Replies: 14
Views: 705

Does bid-ask spread matter with automatic reinvestment?

Please forgive the noob question, but does bid-ask spread matter with automatic reinvestments of ETFs? I ask because I try to avoid rebalancing VSS since it has a fairly large spread. Yet I have it set for automatic reinvest rather than sending money to my MM account where I could re-invest it in un...
by jmk
Wed Sep 20, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: is AQR long-short really less risky than TSM?
Replies: 11
Views: 780

is AQR long-short really less risky than TSM?

AQR Long-Short fund (QLEIX) varies its beta between 0.3 and 0.7, "intending on average a beta of 0.5". It's benchmark is 0.5 treasuries + 0.5 msci world. On paper this is a conservative fund. But is this type of fund really less risky (by half) than a vanilla total world market fund? In a 50% crash ...
by jmk
Tue Sep 19, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Are quality exterior doors worth it?
Replies: 17
Views: 2112

Are quality exterior doors worth it?

We need to replace a simple rear exterior door. A salesman offered one for $3000 installed that was "dense foam" and came with a lifetime warrantee that carries over to next owner (for all but exterior paint). Is there any real difference between this $3000 door and one I can get at Home Depot or lo...
by jmk
Sat Sep 16, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help me solve: Not allowed access to savings at Canadian bank
Replies: 13
Views: 1853

Help me solve: Not allowed access to savings at Canadian bank

My parents listed me as joint owner of a savings account at the CIBC (Canadian Imperial Bank of Commerce) in Alberta Canada, and after they passed I became the sole owner. I live in USA many thousands of miles away. I get statements each year and report the tiny income on my taxes but am repeatedly ...
by jmk
Sat Sep 16, 2017 6:28 pm
Forum: Investing - Theory, News & General
Topic: International Bonds - Update
Replies: 58
Views: 6723

Re: International Bonds - Update

The "diversification" benefit, if it exists at all, is pretty darned small--probably because a high quality bond is a high quality bond regardless of what country the issuer is from, and because what with transborder money flow it seems unlikely that national interest rates could diverge by very mu...
by jmk
Tue Sep 12, 2017 10:32 pm
Forum: Investing - Theory, News & General
Topic: Long-run Sharpe Ratios in an ideal world
Replies: 43
Views: 4701

Re: Long-run Sharpe Ratios in an ideal world

EMH equalizing sharpe ratio assumes all that matters to the market is getting the most return per volatility. While that matters, others things matter too. So the fact the different sharpe ratios have persisted so long implies there are other trade offs at work.
by jmk
Tue Sep 12, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 vs Capital One Money Market
Replies: 6
Views: 928

Re: Capital One 360 vs Capital One Money Market

Thinking about moving from 360 to the Money Market acct. Only difference I can tell is 0.75% vs 1.2% APY in favor of Money Market, and needing $10k minimum for the Money Market Has anyone here made this switch before? Anything to look out for? This is for my regular savings account Also, any reason...
by jmk
Mon Sep 11, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: first time CD through V Brokerage: any cautions?
Replies: 9
Views: 1228

Re: first time secondary CD through V Brokerage: any cautions?

1) if you pay a premium over par, then that premium is not FDIC insured. This is just what I needed, thanks. So this is why they have higher yields. Just to be sure I get it, sample from today: Goldman Sachs CD maturing 4/16/2024: price bid/ask 102.24, 103.410. So FDIC only covers 96.59%? (Is the F...
by jmk
Sun Sep 10, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: first time CD through V Brokerage: any cautions?
Replies: 9
Views: 1228

first time CD through V Brokerage: any cautions?

I've always bought retails CDs but since I'm not considering redeeming before maturity I am considering getting non-callable 7 year CDs on the secondary market through Vanguard. It looks very straightforward but I have little experience with brokerage accounts or secondary markets. Is there anything...
by jmk
Wed Sep 06, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8708

Re: When calculating net worth, how do you value your house?

For what it's worth, I take zillow estimate and multiply by a factor. The factor reflects the actual Assessor's estimate when I bought the house and when I refinanced. For instance, last time I refinanced Zillow said house was worth $180,290 but was appraised on loan at $164,000. Now Zillow says hou...
by jmk
Sun Sep 03, 2017 2:54 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17025

Re: [Are the Bogleheads] getting less interesting?

I agree, and it's due to the big names. But on the other hand, the wiki is much more robust than the old days, and much of the wisdom of the old guys has been memorialized there.
by jmk
Sat Aug 26, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Next Steps: How to manage investing with various goals
Replies: 20
Views: 1815

Re: Help with Next Steps: How to manage investing with various goals

I am thinking to keep the 70/30 allocation in my tax advantage accounts, which are purely long term for retirement, and I don't care if they drop significantly at this point (would actually be helpful if they did). Then I would take my taxable account and treat it with a different asset allocation,...
by jmk
Sat Aug 26, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 19186

Proxy Issues 2 3 for Index Funds?

I was curious about folks feelings about the "manager of manager" arrangement as it applied to index funds. I noticed some of my index funds were affected, and can't figure out why they would need this: 2Approve a manager of managers arrangement with third-party investment advisors. 3Approve a manag...
by jmk
Mon Aug 07, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: times change
Replies: 0
Views: 473

times change

Happened to see this in the forum from 2008: Rick Ferri said: Perhaps someday Vanguard will launch an international real estate index fund that charges reasonable fees. I'm sure that will be around the same time they launch a passive international small cap and emerging small cap funds/ETF's. :wink:...
by jmk
Tue Aug 01, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Help with Next Steps: How to manage investing with various goals
Replies: 20
Views: 1815

Re: Help with Next Steps: How to manage investing with various goals

I did some analysis with PortfolioVisualizer, and during market downturns the 40/60 stocks/bonds did better than 50/50 (not too surprising), and yet 50/50 didn't seem to return that much higher during market booms (over 3-5 year periods). Admittedly, this wasn't an exhaustive analysis of all 3-5 ye...
by jmk
Mon Jul 31, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Next Steps: How to manage investing with various goals
Replies: 20
Views: 1815

Re: Help with Next Steps: How to manage investing with various goals

I did some analysis with PortfolioVisualizer, and during market downturns the 40/60 stocks/bonds did better than 50/50 (not too surprising), and yet 50/50 didn't seem to return that much higher during market booms (over 3-5 year periods). Admittedly, this wasn't an exhaustive analysis of all 3-5 ye...
by jmk
Mon Jul 31, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Help with Next Steps: How to manage investing with various goals
Replies: 20
Views: 1815

Re: Help with Next Steps: How to manage investing with various goals

Thanks to all for the helpful advice. I've been off thinking about this a lot, and making some of the easier decisions. I've paid off the two small loans and have adjusted my payroll deductions to fully max out my and my wife's 401k. We will contribute the max to both IRAs each year as well. My cur...
by jmk
Sun Jul 30, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 5242

Re: Philosophy major and future law student

It turns out Philosophy has a very high salary compared to many other majors: higher than undergrad business even. Most philosophers do not go into academia but other professions, where they use their thinking skills taught in philosophy. Nothing stops him getting a double major in philosophy and co...
by jmk
Mon Jul 24, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Scooter for local commute - Honda PCX 150, etc...
Replies: 44
Views: 2596

Re: Scooter for local commute - Honda PCX 150, etc...

As a scooter commuter, 150cc isn't overkill. For safety you want to have the ability to accelerate out of problems when necessary. You also want to be able to ride in traffic at speed, again for safety. (Going slow on side or riding slower than traffic is dangerous.) Having the power doesn't mean yo...
by jmk
Sun Jul 23, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Re: Alternative Investments best use of expensive 401k?

Sorry, I don't think your reasoning is sound. I think you should use the Total STock and the Total Bond. Why? On the Total Bond Fund with yield of 2.4, I'd lose a third right off the top! Well, do you have other accounts to hold all your bonds? There could be other solutions, but we have not seen t...
by jmk
Sun Jul 23, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Re: Alternative Investments best use of expensive 401k?

ralph124cf wrote:I like the DFA Emerging Market and Small Cap Value.
Since you prefer DFA, why is DFA emerging value better than Vanguard's? (And what is the difference between: DFA Emrg Mkt Cor Eq Inst; DFA Emrg Mkt; and DFA Emrg Mkt SocCorEq Inst?) Is DFA's global real estate any better than Vanguards?
by jmk
Sun Jul 23, 2017 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Re: Alternative Investments best use of expensive 401k?

I might be tempted by the DFA international small value option but otherwise no, I'd stick with what's cheaper. Likewise, but the real value of a fund like that comes from a very long holding period. Would that be realistic, or do you see yourself leaving in 5-10 years and transferring this to a lo...
by jmk
Sun Jul 23, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Re: Alternative Investments best use of expensive 401k?

Your 401k is extremely expensive. I would complain unless it is a very small company. 300 employees. It would seem that at least some of your investments are not adding 0.89 to the ER. Vanguard Market Neutral appears to be adding 2.24 to the ER. AQR long-short equity is adding 1.68 to the ER. Are y...
by jmk
Sun Jul 23, 2017 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Re: Alternative Investments best use of expensive 401k?

Sorry, I don't think your reasoning is sound. I think you should use the Total STock and the Total Bond. Why? On the Total Bond Fund with yield of 2.4, I'd lose a third right off the top! I could keep the money in my savings account and make the same amount! I also think you might have a good argum...
by jmk
Sun Jul 23, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative Investments best use of expensive 401k?
Replies: 12
Views: 607

Alternative Investments best use of expensive 401k?

Background: I need to max my 401k for tax bracket purposes. Since I'm in the 15% bracket I tend to utilize tax-protected space for the bond portion of my AA. Unfortunately, my 401k funds have an extra 49 basis point Nationwide surcharge plus the Advisors adds on a 40 basis point charge on total ass...
by jmk
Sat Jul 22, 2017 11:28 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 202
Views: 24255

Re: Netflix, Your Current Favorite Show

The 100 is excellent post-apocalypse series with different story arcs each season.
by jmk
Thu Jul 20, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 109
Views: 8625

Re: US and International Bond Fund Allocation

Doesn't international diversify rate change risk--the main danger with an investment grade bonds?
by jmk
Mon Jul 10, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5578

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

It's easy to eat healthy at subway:
-
  • load up on vegetables
  • avoid the mayonnaise and oils
  • get healthier proteins, like Veggie Patty, Turkey or Roast Chicken etc, avoiding sauce-laden options like teriaki chicken
by jmk
Wed Jul 05, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Yield-return correlation higher with shorter duration?
Replies: 2
Views: 249

Yield-return correlation higher with shorter duration?

With bond funds there is a loose correlation between the 30-day SEC yield and expected returns. Am I correct in my assumption that the shorter the duration, the more likely the yield will equal short-term returns? My thinking is that the yield represents more of the return compared to price fluctuat...
by jmk
Sun Jun 25, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: How riskier are Aaa corporate bonds?
Replies: 14
Views: 1631

Re: How riskier are Aaa corporate bonds?

I'd also say in most instances, a retail investor shouldn't have any need to purchase individual corporate bonds. For the vast majority, a bond fund will do just fine. Cd's are also a fine choice. If you insist on individual securities, I think treasuries would work just fine. If you are buying ind...
by jmk
Mon Jun 19, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for HSA
Replies: 8
Views: 1488

Re: Asset Allocation for HSA

Since you are using both your HSA and your IRA for retirement savings, treat the HSA as part of your IRA for investment purposes. Follow up question: assuming I'm maximizing my IRAs, and am in relatively good health now, would one ever not want to lump the HSA into my IRA /Roth bucket when deciding...
by jmk
Mon Jun 19, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Fermenting Vegetables
Replies: 45
Views: 3893

Re: Fermenting Vegetables

Try radishes-- brine turns beautiful pink
by jmk
Mon Jun 19, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 150
Views: 10433

Re: Any BHs Had Experience With the Honda Fit?

Pros: -I am 5'11" and have plenty of room. -TONS of storage space with the seats folded down. "Most in class." e.g. Ikea queens size bed. Main reason I bought it-- I call it my mini-truck. Cons: - Poorer build quality than Toyota Corolla IMO -loud tire noise, especially highway - stiff ride, can fee...