Search found 426 matches

by kiddoc
Sat Dec 30, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.
Replies: 39
Views: 6561

Re: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.

CNBC being typically naive in terms of "predictions". Jack Bogle makes long term predictions based on actual earnings yield + speculative yield based on P/E ratios. He typically qualifies this as a long term prediction (decades) and says he could be wrong. This is not a 2018 prediction. This kind of...
by kiddoc
Sat Dec 30, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Index funds
Replies: 5
Views: 742

Re: Investing in Index funds

So I am new to mutual funds and I learnt that index funds are a good place to start. I looked into returns of few different index funds from Vanguard and it seems that there is not much difference in returns over a 10-year period for a midcap or large cap fund. Does it make sense to take more risk ...
by kiddoc
Sat Dec 30, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: tax efficiency Fidelity funds
Replies: 10
Views: 1235

Re: tax efficiency Fidelity funds

Utilizing Fidelity, I would recommend using their ETFs rather than mutual funds for tax efficiency. This will be true at least until Vanguard's patent on ETFs as a share class of the Mutual Fund expires in the 2020s. Then other companies can look at making mutual funds more tax efficient. From time ...
by kiddoc
Sat Dec 30, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 556

Re: Time for my annual portfolio review

so you market time. Yes, I made it clear in the post above. I decided to market time with 10% of my portfolio. It helps me sleep at night. I am in good company when I say I am uneasy with the current valuations in the stock market. Our mentor, Jack Bogle, Bill Bernstein, Larry Swedroe have all expr...
by kiddoc
Sat Dec 30, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 556

Re: Time for my annual portfolio review

So you moved 15% to FI. Is this permanent or what's your next move and why? The 5% move to bonds is permanent due to age. 10% move to cash is dependent on the stock market's CAPE ratio and will be dollar cost averaged back to stocks as valuations improve. I read all about CAPE's limitations and the...
by kiddoc
Sat Dec 30, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: which vanguard funds for roth IRA
Replies: 7
Views: 689

Re: which vanguard funds for roth IRA

total bond. put it in your 401k leave the roth for total us or total intl. once per year is fine. +1 That is my strategy as well. High growth funds in Roth. Tax inefficient lower growth in tax deferred. What is your goal for the bond fund? I hold bonds to help re-balance and to cushion the blow of ...
by kiddoc
Sat Dec 30, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 556

Time for my annual portfolio review

Every year, I post whatever happened to my portfolio here. This helps to keep me honest and usually provides me significant pearls. It also helps me own up to mistakes and stick to my IPS. Last year's post: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=206846&p=3171341#p3171341 This year, I m...
by kiddoc
Sun Sep 10, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 970

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

#Cruncher wrote: When an I Bond matures one pays tax only on the gain, not on the total value.
:oops: I thought I was making some major error somewhere as I had read something between 3-4% as the break even point in the past. Thanks.
by kiddoc
Sun Sep 10, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 970

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

iBonds work very well in an emergency fund after they're a year old. When cashed, they don't trigger state or local taxes and if your income works and you titled them correctly when buying, they can be used federal tax free for college costs. I've never considered tips so can't comment on compariso...
by kiddoc
Sun Sep 10, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 970

Do I-bonds (vs TIPS) make any long term sense in taxable space?

Edit- I made an error in I-bond calculations as pointed out by #cruncher below. Removing my I-bond calculations for now. Please refer to #cruncher's post below. Let's assume the decision to invest in inflation protected bonds makes sense from a financial situation standpoint and there is no space f...
by kiddoc
Tue Sep 05, 2017 7:13 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 6117

Re: IBonds - now or wait?

OP, sorry to deviate but what are you looking to accomplish with I-bonds? I used to buy I-bonds regularly for long term inflation protection. Recently, I have reconsidered. I am not sure I-bonds are a good long term proposition unless the fixed rate goes up substantially or inflation runs amok. I ra...
by kiddoc
Fri Jul 28, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 718

Re: Penn National for insurance?

I would look at a more objective rating than just online reviews. Thank you so much for this. It made me think there must be more resources available. Further searches led me to PA insurance complaints tool and introduced me to something called "complaint index". That was helpful in my decision: wi...
by kiddoc
Fri Jul 28, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 718

Re: Penn National for insurance?

Yelp reviews in their headquarter city, Harrisburg, PA, are not encouraging: 1 star average over 9 reviews, https://www.yelp.ca/biz/penn-national-insurance-harrisburg Exactly! That's what makes me nervous. However, by their very nature, online reviews trend towards overly negative. I have my issues...
by kiddoc
Fri Jul 28, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 718

Penn National for insurance?

I had never heard of this company: Penn National. An independent agent sent me their quotes for auto, renter's and umbrella insurance which are better than the closest competitor (State Farm) by around $450/yr. I am seriously considering using them for my insurance needs. However, almost all reviews...
by kiddoc
Thu Jul 27, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6450

Re: State Farm vs Penn National- auto, renters, umbrella?

Make sure both of your quotes include discounts for getting all the policies with the same company. If you price policies individually, the costs may be substantially higher. Yes, both quotes include multi policy discounts. What worries me now is that almost every experience I can find online for p...
by kiddoc
Wed Jul 26, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6450

Re: State Farm vs Penn National- auto, renters, umbrella?

OK here we go: Final options are in: State Farm Auto: Good liability coverage, but slightly less bells and whistles: 900/6 mths Renters: Good liability and replacement options: 163/yr Umbrella for 2M: 313/yr Independent agent recommends- Penn National Auto: Good liability coverage with lots of bells...
by kiddoc
Sat Jul 22, 2017 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to use a non-government 457b?
Replies: 2
Views: 336

How to use a non-government 457b?

I will be joining a large organization as an employed physician soon. So far, I have been with a small private practice; decided to abandon the partnership track as the finances/income stream security terms were not making sense. DW and I are in mid-30s, good savers, have negligible debt but have no...
by kiddoc
Sat Jul 22, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6450

Re: Why does State Farm have poor reviews?

Thanks everyone. I will give a serious look to State Farm and consider insuring with them once the independent agent gets back to me.
by kiddoc
Fri Jul 21, 2017 12:43 am
Forum: Investing - Help with Personal Investments
Topic: ibond purchases on treasurydirect
Replies: 11
Views: 1572

Re: ibond purchases on treasurydirect

I would convert the paper bonds into electronic bonds right away for ease of accounting/ keeping track of things:

Convert Your Paper Savings Bonds Using SmartExchange
by kiddoc
Thu Jul 20, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6450

State Farm vs Penn National- auto, renters, umbrella?

***********Updated question********* Final options are in: State Farm Auto: Good liability coverage, but slightly less bells and whistles: 900/6 mths Renters: Good liability and replacement options: 163/yr Umbrella for 2M: 313/yr Independent agent recommends- Penn National Auto: Good liability cover...
by kiddoc
Wed Jul 19, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 52
Views: 5017

Re: Physician Compensation and Subspecialties

1- How much does the 7 days on/ 7 days off schedule for full time pay matter to you? Very few subspecialists have that kind of a schedule. Subspecialists' schedules are typically more stressed and can involve driving to multiple locations/ shuttling between clinic and hospital. 2- Especially if you ...
by kiddoc
Tue Jul 18, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 4791

Re: Good Service for Flagship Investors

kiddoc, am curious to know how recently the mistakes you enumerated were made. I'm trying to overcome my bad impression of Vg from attempts to transfer an IRA there a few months ago. 5 errors in the last 3 years. To be fair to them, they haven't messed up anything in my IRA after the initial mis-re...
by kiddoc
Tue Jul 18, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 4791

Re: Good Service for Flagship Investors

My poor experiences comprise the following: 1) Taxable account- SpecID sell orders for TLH processed as FIFO generating taxable gains (covered shares). 2) Taxable account- Generated wash sale by re-investing dividends going against clear instructions from me on their website. 3) Taxable account: Re...
by kiddoc
Tue Jul 18, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 4791

Re: Good Service for Flagship Investors

I am glad people are posting good experiences to put things in context. I think Vanguard has the best investment products. Unfortunately, my experiences with brokerage and record keeping in Voyager Select have not been great so I am probably not going to reach Flagship level. For now, I am keeping s...
by kiddoc
Sat Jul 15, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Inconsistent Vanguard requirements for gifting stock
Replies: 3
Views: 344

Re: Inconsistent Vanguard requirements for gifting stock

Sounds pretty par for the course for Vanguard going by my experiences. I go there expecting incompetence and inconsistencies as a way of life at Vanguard. My advice: Call them once but if they mention referring you to their resolutions department, you will probably be better off jumping through the ...
by kiddoc
Thu Jul 13, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2812

Re: The CAPEable Portfolio!

I use something similar but less dramatic. My cash/bond deviation from goal caps out at 15-20%. I am sure if you do a long term analysis where the market eventually recovers, a buy and hold strategy would be much more successful than this. Larry Swedroe analyzed an interesting article from Estrada e...
by kiddoc
Thu Jul 13, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Re: Moving a car cross country

Thanks for the offers guys. It's a move from the South to a Mid-atlantic state. For now, DW and I have decided to make a road trip of it. If she changes her mind, will let you know.
by kiddoc
Thu Jul 13, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 4678

Re: Hotel tipping: how much to leave?

Single night stay- arrive in evening, leave in morning: usually don't tip.

Multi-night stay: $5/night

Exceeds expectations: Extra $10
by kiddoc
Thu Jul 13, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Tipping packers/ movers for long haul move
Replies: 2
Views: 455

Tipping packers/ movers for long haul move

In the past, whenever I have moved, the same team has packed/ moved my relatively small sized home. They come in the morning, pack everything, load it up and leave. I usually tip every team member $20 once they have loaded everything. Then, I tip the unloading staff $20 each when they deliver/ unloa...
by kiddoc
Tue Jul 11, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Re: Moving a car cross country

Thank you all. Great pieces of advice! Some pearls that really stuck with me: Crosscountry driver.com or other websites- Asked for quotes: Ballpark $1.5/mile (trip is ~1200 miles). None of these companies insure their drivers. They basically said: your car, your insurance, your liability if our driv...
by kiddoc
Mon Jul 10, 2017 11:10 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Re: Moving a car cross country

Goal33 wrote:Can the outback tow the accord?
i would hate to tow a car that far. For one, it may not be safe as we have never towed a car before. Moreover, in my mind, towing just increases the engine wear and tear exponentially. I am hoping to keep the Subaru for at least a decade.
by kiddoc
Mon Jul 10, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Re: Moving a car cross country

Shaving a day's travel, splitting 18 hours of driving time with spouse, and spending about half of that time relaxing in the passenger's seat, and all of it in the vehicle with my spouse rather than alone, would have significant value to me. OP's nick suggests a relatively lucrative career. I'd lea...
by kiddoc
Mon Jul 10, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Re: Moving a car cross country

123 got it before I had a chance to respond. There are a lot of areas with spotty cell phone coverage. We have missed rest stop exits in the past when we couldn't communicate. Moreover, phones are a little hassle to use while driving. They make mistakes with voice commands when connect to the cars u...
by kiddoc
Mon Jul 10, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: Need to switch from Cricket to Tmobile, how?
Replies: 2
Views: 425

Re: Need to switch from Cricket to Tmobile, how?

Wow, I am looking to make the exact opposite switch! :shock: I think Cricket works on the AT&T network so has much better coverage in most places when compared to T mobile. One of my friends uses At&T and we have taken several trips together. I have never been in an area where we have T mobile cover...
by kiddoc
Mon Jul 10, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 53
Views: 6982

Re: Fidelity, Vanguard or Schwab? I need to choose.

Fidelity works best for me as I have a donor-advised fund there and Vanguard keeps messing up transfers. Fidelity credit card has 2% cash back on everything. Schwab credit cards don't have foreign transaction fees. Fidelity seems to have better mutual fund options and tax-loss harvesting partners fo...
by kiddoc
Mon Jul 10, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3305

Moving a car cross country

We are moving over the next month. We have 2 cars and the drive is around 18 hours. We were hoping to drive our Honda Accord and ship the Subaru Outback. This way, DW and I can take turns driving. We have made several long trips like this. I have looked at a few previous threads about shipping vehic...
by kiddoc
Mon Jul 10, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Schwab mutual funds: Capital gains distribution chances?
Replies: 9
Views: 940

Fidelity or Schwab mutual funds: Capital gains distribution chances?

This applies to taxable accounts: I know Vanguard has a model where large withdrawals of money from index mutual funds do not lead to capital gains distributions to investors who are not selling. As someone moving to Fidelity/ Schwab for better customer service and accounting accuracy, I am interest...
by kiddoc
Tue Jul 04, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: More Vanguard woes: who decides cost basis when donating to donor-advised fund?
Replies: 5
Views: 798

Re: More Vanguard woes: who decides cost basis when donating to donor-advised fund?

I don't know whether Vanguard gets this correct with covered shares. I wouldn't expect them to. All my shares were covered shares with specific identification. What really makes me angry at Vanguard is: 1- It took them 4 months to acknowledge they had made a mistake. 2- Even after 3 different reps ...
by kiddoc
Sun Jul 02, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or TIPS?
Replies: 46
Views: 4701

Re: Bonds or TIPS?

TIPS are not a great instrument to chase yield. Their primary use in a portfolio is protection against unexpected inflation. As someone has written above, the long term REAL-yield is expected to be almost the same as treasuries. If you are not happy with low yields on treasuries, the only comparable...
by kiddoc
Sun Jul 02, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: More Vanguard woes: who decides cost basis when donating to donor-advised fund?
Replies: 5
Views: 798

Re: More Vanguard woes: who decides cost basis when donating to donor-advised fund?

1) When donating shares the broker does not report the cost basis to anyone as far as my experience goes, so I don't see why you need to worry. You are responsible for reporting. 2) N/A. Phew! that's a relief. Thanks. I'll just report these donations at Fidelity's fair market value and claim all ca...
by kiddoc
Sun Jul 02, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: More Vanguard woes: who decides cost basis when donating to donor-advised fund?
Replies: 5
Views: 798

More Vanguard woes: who decides cost basis when donating to donor-advised fund?

I am slowly winding down my large Vanguard taxable account with transfers to other brokerages where feasible and charitable donations to my Fidelity DAF. As usual, Vanguard is utterly incompetent in their accounting. Here's the scenario: 1) Index fund acquired: August 2015. Converted to Admiral shar...
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: 941

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: 941

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: 11393

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 you calcul...
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: 1601

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: 45148

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: 1269

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: 1269

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: 1269

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: 1269

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 good tax-loss...