Search found 385 matches

by kiddoc
Wed Apr 26, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Equity crowdfunding/investing in tech startups
Replies: 7
Views: 765

Re: Equity crowdfunding/investing in tech startups

Would this be best placed in a taxable account, such as a money market account? Let's put it this way: I would not want to risk any serious/ tax protected money on individual stocks/ lottery tickets like you have mentioned. Moreover, a taxable account will allow you to deduct losses at tax time. Si...
by kiddoc
Tue Apr 25, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Equity crowdfunding/investing in tech startups
Replies: 7
Views: 765

Re: Equity crowdfunding/investing in tech startups

You are basically hoping for a small growth company to hit it out of the park. As an asset class, diversified small growth portfolios have not done very well in the past according to most academic studies. Taken individually, they are basically lottery tickets. If you have a strong desire to dabble ...
by kiddoc
Tue Apr 25, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 9381

Re: Why is Real-Estate so Bad?

Real estate is not "BAD" per se. It can be a very tax-efficient investment, much more efficient than stocks/ bonds in high marginal tax brackets. You can also diversify over time and decide how much time and effort you want to put in: just add costs of property management and repairs when ...
by kiddoc
Tue Apr 25, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Recent transfers to Vanguard, cost-basis success?
Replies: 17
Views: 1206

Re: Recent transfers to Vanguard, cost-basis success?

Vanguard's brokerage accounting competence is at the level of a high school computer lab, at best, sometimes much worse. In the past year, they have made 2 costly cost-basis errors in my accounts. I agree with livesoft. Use TDA self managed window and buy Vanguard ETFs there. They allow for dividend...
by kiddoc
Thu Apr 20, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 37524

Re: Larry Swedroe says "Goodby."

Many thanks to Larry for his invaluable advice over the years
I will miss his insight and deeply academic analysis of complex investment decisions; yet his brevity and ability to make it all understandable.
:beer
by kiddoc
Thu Apr 20, 2017 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Which small-cap value index is better?
Replies: 7
Views: 1060

Re: Which small-cap value index is better?

ZenInvestor wrote:Wisdom tree seems to be a good pair. 60-month 5 factor regression:


Interesting. I had never heard of the WisdomTree Dividend Index they claim to follow. Looks like it was established in 2006. I will have to read more about this index I guess.
by kiddoc
Tue Apr 18, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Which small-cap value index is better?
Replies: 7
Views: 1060

Re: Which small-cap value index is better?

VBR has 40% mid-cap, so it misses on point (1). VTWV has about 90% small-cap, and a lower ER than you're currently paying (0.20% vs 0.25%), but buying it at Fidelity will incur Fidelity's normal trading fees. You might consider JKL, iShares Morningstar Small-Cap Value ETF. It's not commission-free ...
by kiddoc
Tue Apr 18, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Which small-cap value index is better?
Replies: 7
Views: 1060

Re: Which small-cap value index is better?

--the other alternatives are notably less tax efficient Thanks, I didn't know that --the return variations (positive or negative) from changing indexes will overwhelm the impact of the TLH. Thanks for making me look for this. The differences in returns since inception (although only a few years) be...
by kiddoc
Tue Apr 18, 2017 1:22 am
Forum: Investing - Help with Personal Investments
Topic: Which small-cap value index is better?
Replies: 7
Views: 1060

Which small-cap value index is better?

For US investments tilted to small-cap value, I mainly use IJS (S&P small-cap 600 value index) because it invests in somewhat small and value stocks and is "good enough" for a DIY investor who doesn't have access to DFA funds and cares about cost/ tax-efficiency. Which index would be a...
by kiddoc
Sun Apr 09, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Account Weirdness
Replies: 1
Views: 387

Re: Vanguard Account Weirdness

I am a little confused: does "rollover IRA" mean a previous 401 k you "rolled over" into a traditional IRA? Or does it mean a non-deductible IRA? If they are all traditional IRAs, you can certainly combine them as the cost basis is zero. I would not recommend combining a non-dedu...
by kiddoc
Sun Apr 09, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: "We're changing how we report costs. You still benefit."
Replies: 14
Views: 2508

Re: "We're changing how we report costs. You still benefit."

Why should we care? As long as you use Fidelity, Vanguard, Schwab, or hold one of their low cost index options at Merrill Edge or TD Ameritrade, does it really matter whether it is 0.17% or 0.12%? Geez, I saved 0.05% in my $100,000 fund this year: That's $50 saved in a full year. I would much rather...
by kiddoc
Sun Apr 09, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Death of retail/malls to affect REITs?
Replies: 69
Views: 6866

Re: Death of retail/malls to affect REITs?

Undoubtedly, but if you and I are talking about it on a message board, it has probably already been priced in. I've come to the conclusion that since I don't spend all day every day on this stuff that by the time I figure it out, it is not actionable. :annoyed There have been store closings and vac...
by kiddoc
Sun Apr 09, 2017 8:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Taking-In $2 Billion a Day in New Cash
Replies: 30
Views: 5180

Re: Vanguard Taking-In $2 Billion a Day in New Cash

<sigh> So that's why they haven't had time to fix their major errors in my cost-basis accounting for 2 months now. :oops: Are you still going to transfer your accounts? I believe you were pretty unhappy with VG. I am considering doing a complete transfer of our 3 VG accounts to Schwab. Don See here...
by kiddoc
Sat Apr 08, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Taking-In $2 Billion a Day in New Cash
Replies: 30
Views: 5180

Re: Vanguard Taking-In $2 Billion a Day in New Cash

<sigh> So that's why they haven't had time to fix their major errors in my cost-basis accounting for 2 months now. :oops:
by kiddoc
Fri Apr 07, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: What are "safe bonds"?
Replies: 16
Views: 1162

Re: What are "safe bonds"?

"safe bonds", taken literally would mean a bond with reasonable yields and no credit risk, inflation risk or duration risk. To my knowledge, such an instrument does not exist once taxes are accounted for. The closest would be the early issues of I-bonds with fixed rates >5%. In general use...
by kiddoc
Tue Mar 28, 2017 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Where can I buy Vanguard Funds w/o Fees ?
Replies: 37
Views: 3175

Re: Where can I buy Vanguard Funds w/o Fees ?

If you are looking to open a taxable account, I would recommend staying far away from Vanguard. In my experience, they have simply been incompetent and made me waste precious time and money. However, some agree with me while some report different experiences. I will put in a quote from my previous p...
by kiddoc
Tue Mar 28, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 42
Views: 3513

Re: Geico insurance rate increase: 26.24% APY?

It pays to shop around. My GEICO policy recently went up to $805.00 per 6 months for my car and truck. When I asked for a better price, they said there was no way they could do it for any less. I checked around and received a quote for $650ish for the same coverage with another company. When I call...
by kiddoc
Tue Mar 28, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Does this constitute a wash sale?
Replies: 8
Views: 692

Re: Does this constitute a wash sale?

While common sense may dictate that the re-invested dividends in the other account were not "replacement shares bought within 30 days", this is ambiguous at best. I remember researching a similar situation in the past. Someone had linked to a description of an IRS ruling on margin accounts...
by kiddoc
Thu Mar 23, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Reimburse Medical Expenses in "Arrears" with HSA?
Replies: 25
Views: 1318

Re: Reimburse Medical Expenses in "Arrears" with HSA?

mhalley wrote:Rather than trying to contribute the exact amount that you spent in medical expenses, you would be better off maximizing the hsa contributions. Many here plan to NOT reimburse their yearly expenses until retirement, turning the hsa into a "stealth Ira".


+1
by kiddoc
Thu Mar 23, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard cost basis during transfers: lessons learned
Replies: 2
Views: 774

Re: Vanguard cost basis during transfers: lessons learned

I'm also sorry to hear that your headaches are "taxable". :D :D The headaches created due to Vanguard's incompetence are. The tax cost so far has ranged from $16 to $540. Hopefully, Vanguard will be able to fix their errors so that I don't have to actually pay these at tax time. It's a di...
by kiddoc
Wed Mar 22, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard cost basis during transfers: lessons learned
Replies: 2
Views: 774

Vanguard cost basis during transfers: lessons learned

I am slowly transferring out taxable assets from Vanguard due to multiple errors in their record keeping I have reported previously. I may end up keeping retirement accounts and a few taxable assets there until I find suitable replacements elsewhere. Some assets are going to other brokerages and som...
by kiddoc
Tue Mar 21, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Schwab vs Vanguard vs Fidelity - ER fees
Replies: 18
Views: 2300

Re: Schwab vs Vanguard vs Fidelity - ER fees

It is an interesting question - if the large index funds are all basically the same, would the ER be the deciding factor... if even by a tiny margin ? No, a difference of 0.01% means you will pay $100 more or less in a year on a 1 million dollar portfolio. In a taxable account, I will gladly pay $1...
by kiddoc
Thu Mar 16, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Bought my first individual TIPS, now I am in love!
Replies: 34
Views: 4264

Re: Bought my first individual TIPS, now I am in love!

Taxable account? I have been thinking about a TIPS ladder but haven't implemented it as I don't have the space in my tax-protected accounts. I have been using I-bonds.
by kiddoc
Thu Mar 16, 2017 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 5043

Re: Fidelity vs. Vangard?

Tax protected account? It's probably a wash, with fidelity being a little more customer friendly and with lower cost ETFs. Taxable account. No contest in my experience. Vanguard is simply incompetent and unfit to run a brokerage for taxable accounts. The sheer number of complaints about SpecID order...
by kiddoc
Wed Mar 15, 2017 12:41 am
Forum: Personal Finance (Not Investing)
Topic: Question for Docs/Surgeons/ARNPs
Replies: 23
Views: 3038

Re: Question for Docs/Surgeons/ARNPs

+1 for looking up MGMA compensation through a society/ university library. A big transition from RN to ARNP, especially if she is looking at joining a private practice, will be a move from hour-based compensation to productivity/ collection based compensation. So, the calls will not be paid for sepa...
by kiddoc
Sat Mar 11, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Are we in the clear with brokerage tax forms?
Replies: 5
Views: 564

Re: Are we in the clear with brokerage tax forms?

Thanks for the replies and useful advice.
by kiddoc
Sat Mar 11, 2017 3:57 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard taxable - changes?
Replies: 3
Views: 742

Re: Vanguard taxable - changes?

About the most complicated thing I think I would do in taxable is TLH using SpecID cost basis. These obviously all would be covered shares. Has anyone experienced issues with Vanguard reporting related to that limited scenario? Yes, 3 times in 3 years. Their system seems to mess up and keeps proces...
by kiddoc
Sat Mar 11, 2017 3:52 am
Forum: Investing - Help with Personal Investments
Topic: Are we in the clear with brokerage tax forms?
Replies: 5
Views: 564

Are we in the clear with brokerage tax forms?

I try to file my taxes in mid-March because I think if there are any amendments to qualified dividends/brokerage tax forms, they would have arrived by then. No amendments so far from Vanguard or Fidelity this year. Should I expect any or just file? I am expecting a negligible refund.
by kiddoc
Sat Mar 11, 2017 3:43 am
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 24154

Re: How to Die

Kind of weird that they required paperwork to be signed though. Sounds like something from hospital risk management. Some states have weird rules for supposedly "life sustaining treatments" including nutrition, dialysis, etc. I used to practice in Oklahoma where law says family can basica...
by kiddoc
Sat Mar 11, 2017 3:17 am
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 24154

Re: How to Die

The reason an advance directive by the patient may not always be honored is that there are always some questions: was this a well-informed decision? Was it made after appropriate discussion with a physician? Did the patient change their mind subsequently? Also, many questions like dialysis, temporar...
by kiddoc
Wed Mar 08, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3110

Re: Multiple job offers

I was in a similar situation but had not accepted an offer. I waited till employer B sent me a formal offer and then politely said no to employer A's offer. If you have already accepted an offer, depending on what you signed, there may/ may not be repercussions. Then there is the whole ethics/ reput...
by kiddoc
Mon Mar 06, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: "Social Security Made Simple"
Replies: 5
Views: 1226

Re: "Social Security Made Simple"

As I am in my 30s, I haven't done much except very cursory reading on social security. Who knows what rules will be in place by the time I retire? At what age do most people start reading this? I was thinking in their 50s or 60s.
by kiddoc
Mon Mar 06, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2664

Re: Vanguard corrected 1099B is now incorrect

Do you have any email confirmations/ statements from that time showing the method of accounting you chose? I have found Vanguard reps realize their system's stupidity better if you make them read out their own confirmation and then show how the system actually did something else. In the long run, if...
by kiddoc
Sat Mar 04, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from Vanguard brokerage: Options?
Replies: 22
Views: 2975

Re: Moving away from Vanguard brokerage: Options?

I have accounts at both Vanguard and Fidelity. I was planning to consolidate those accounts this year and bring everything over to Vanguard. I have to say, this thread is definitely making me re-think that plan... If it is a tax advantaged account, sure. Just make sure Vanguard designates it as a r...
by kiddoc
Sat Mar 04, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from Vanguard brokerage: Options?
Replies: 22
Views: 2975

Re: Moving away from Vanguard brokerage: Options?

Many thanks to everyone who replied. This thread, and stlutz's and lack_ey's reply, best symbolize why I have remained with Vanguard for so long. There's no clear good single alternative to accomplish what I want to accomplish in taxable accounts. It sounds like my best option for now would be to do...
by kiddoc
Sat Mar 04, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6624

Re: Vanguard Lousy Customer Service

Ok, credit where credit is due. 4 days after my call, they have corrected the error. The rep had promised me that they will call me back when they do it but true to Vanguard form, they didn't. This is the quickest resolution I have had with Vanguard. I am glad I had to waste only an hour of my time ...
by kiddoc
Wed Mar 01, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Moving away from Vanguard brokerage: Options?
Replies: 22
Views: 2975

Moving away from Vanguard brokerage: Options?

Hello, Fed up with the poor service and multiple errors from Vanguard brokerage services (see my previous posts), I am contemplating moving my taxable account to a different brokerage. Trouble is, I think Vanguard's funds and ETFs are top notch and would like to invest in them outside the Vanguard b...
by kiddoc
Wed Mar 01, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6624

Re: Vanguard Lousy Customer Service

Thanks for all the replies. I am opening a separate thread for alternative brokerages to Vanguard which can hold Vanguard funds.
by kiddoc
Wed Mar 01, 2017 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6624

Re: More problems with Vanguard: Stay away

If anyone significant from Vanguard is reading this, please, I beg you to raise my expense ratios by 0.01% (or defer the next decrease) and try to invest in eliminating these stupid errors. I idolize Jack Bogle and the philosophy Vanguard was founded on. Your index funds are the best I have seen so ...
by kiddoc
Wed Mar 01, 2017 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6624

More problems with Vanguard: Stay away

Okay, Now I am getting really frustrated. Vanguard is averaging 1 major error every 3 months in my taxable account. Over the past 2 years, they have used the wrong cost basis, created an erroneous wash sale due to unauthorized transaction, sent wrong information and tax forms for a 401k rollover gen...
by kiddoc
Sun Feb 26, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: House as Temporary Pseudo-Proxy for Bonds
Replies: 37
Views: 1844

Re: House as Temporary Pseudo-Proxy for Bonds

Say there is a market crash and you have to re-balance into stocks. How will you do that if your house is a substitute for bonds? I am not a big fan of borrowing on a HELOC to re-balance into a bear market which may not recover for several years/ deep risk may show up.
by kiddoc
Sun Feb 26, 2017 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Donating Vanguard Admiral shares to Fidelity Charitable
Replies: 11
Views: 947

Re: Donating Vanguard Admiral shares to Fidelity Charitable

Thanks. I have donated ETFs and investor shares from Vanguard to Fidelity charitable multiple times. I wasn't planning to sell anything. My major question: Can fidelity charitable handle Vanguard admiral shares or do I have to convert them to ETF class first (tax-free conversion at Vanguard). The ot...
by kiddoc
Sun Feb 26, 2017 5:50 am
Forum: Investing - Help with Personal Investments
Topic: Donating Vanguard Admiral shares to Fidelity Charitable
Replies: 11
Views: 947

Donating Vanguard Admiral shares to Fidelity Charitable

I am going to donate all my Vanguard admiral shares in one fund (held at Vanguard taxable account) to Fidelity charitable. The shares meet all IRS requirements for donation and have a 25% long-term gain. I am sure people have done this in the past. Do you usually convert the shares to the ETF before...
by kiddoc
Sat Feb 25, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: HSA vs PPO - Sanity Check
Replies: 12
Views: 1431

Re: HSA vs PPO - Sanity Check

Thanks - If I planned to not withdraw money from the HSA (to let it to continue to grow) and paid for medical expenses out of pocket would then make this a non-issue, correct? Eventually, you will want to use the HSA (maybe for medical expenses in retirement?). I meant it would be too large and tre...
by kiddoc
Sat Feb 25, 2017 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review and questions for new BH
Replies: 4
Views: 584

Re: Portfolio review and questions for new BH

Answers in bold: 1. Any advice on what to do with my Betterment account, which now contains over $80K? I opened this account prior to finding Bogleheads. I'm comfortable managing this money myself and realize having the account runs contrary to trying to keep things simple. That said, closing it wil...
by kiddoc
Sat Feb 25, 2017 1:49 am
Forum: Investing - Help with Personal Investments
Topic: HSA vs PPO - Sanity Check
Replies: 12
Views: 1431

Re: HSA vs PPO - Sanity Check

"You can invest your HSA in Treasury bonds or TIPS, so that gains on the HSA will not be taxable in California either. (And TIPS are a particularly good choice for an HSA, as they reduce the risk that the HSA will grow too large to cover your medical expenses and thus become federally taxable ...
by kiddoc
Sat Feb 25, 2017 1:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6624

Re: Vanguard Lousy Customer Service

A lot of people would make excuses for Vanguard's atrocious customer service by saying they are large and low cost. I wonder how this forum would respond to the converse argument: an Edward Jones/ local bank "advisor" who provides good customer service/ advice for a much smaller portfolio ...
by kiddoc
Sat Feb 25, 2017 1:26 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 33
Views: 2423

Re: Has anyone had problems gifting Vanguard shares to an organization?

I highly recommend fidelity charitable. I struggled with vanguard and the red cross for months. Then I opened a fidelity charitable account and my Vanguard appreciated funds shares were donated and gifted in just a few easy weeks (note, don't attempt this between thanksgiving and dec 31. that's whe...
by kiddoc
Thu Feb 23, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting review of my IPS (Doctor)
Replies: 23
Views: 1602

Re: Requesting review of my IPS (Doctor)

The biggest impact on your financial life would be increasing your earning capacity. Are you in combined adult/ pediatric nephrology? Looking for mostly clinical work as opposed to teaching/ research? If not, try to go that way. Then, look for a job in a rural area. I am a young-ish nephrologist mys...
by kiddoc
Thu Feb 23, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: What are they trying to sell me here?
Replies: 27
Views: 2975

Re: What are they trying to sell me here?

2. "Opportunity to make tax-deductible contributions to a retirement plan in addition to your 401K contributions" Wow, I am a little surprised everyone assumed this is a whole life policy. I would go to the event to see if they are offering you a new, possibly low-cost 457 plan. That woul...

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