Search found 2750 matches

by neurosphere
Thu Apr 26, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Target-Date funds?
Replies: 18
Views: 541

Re: Thoughts on Target-Date funds?

The target date fund you have looks expensive (0.75% ER). I suggest you look for lower cost investments. SWYJX has a similar composition is a much lower fee, 0.08%. Both Schwab and Fidelity have high-fee TD funds, and lower fee "index" TD funds. At one point I thought that the Fidelity funds were r...
by neurosphere
Thu Apr 26, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Target-Date funds?
Replies: 18
Views: 541

Re: Thoughts on Target-Date funds?

Hello Bogleheads, What are your thoughts on target-date funds? They are supposed to be aggressive in the initial stages and slowly become conservative over their age. I invested in a Target 2055 fund but not seeing aggressive results (either up or down). It has been pretty dead. Fund ticker SWORX. ...
by neurosphere
Thu Apr 26, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Cannot buy State-Specific Funds Unless you live in that State?
Replies: 10
Views: 407

Re: Cannot buy State-Specific Funds Unless you live in that State?

Hogan773 wrote:
Thu Apr 26, 2018 3:52 pm
Now I will use a combo of Limited Term and Long Term and get a similar weighted duration.
Good idea if keeping a similar duration is the most important to you, which I understand.
by neurosphere
Thu Apr 26, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Cannot buy State-Specific Funds Unless you live in that State?
Replies: 10
Views: 407

Re: Cannot buy State-Specific Funds Unless you live in that State?

So I was all set to do a tax loss swap from my Intermediate Tax Exempt to the California Intermediate Tax Exempt. Seems like a great pair. I know this isn't part of your question, but I'm wondering why you think the CA fund is the best TLH partner for you? Presumably you'd only plan to stay in a TL...
by neurosphere
Thu Apr 26, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Humble, respectful advice seeker for my Portfolio Questions
Replies: 19
Views: 1605

Re: Humble, respectful advice seeker for my Portfolio Questions

One small observation about the co-signed loan, to give perspective and play devil's advocate, in a way. If the borrower stops making payments tomorrow, and your spouse is on the hook and loses $20,000, will that change the "arc of your life" as I like to say? If you and your spouse make it to age 9...
by neurosphere
Wed Apr 25, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 550

Re: Graph of various Vanguard fund SEC Yields for the past year

What about the fact that the taxable bond funds receive state-tax exempt interest from US Treasuries; is that handled? Prompted by your question, I just checked, and the long-term bond index has 40% in Treasury/Agency bonds. I hadn't realized there might be such a high proportion of treasuries in t...
by neurosphere
Wed Apr 25, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 550

Re: Graph of various Vanguard fund SEC Yields for the past year

The second graph is the same set of funds, but with assuming a 41% federal marginal rate and an 11% NY/NYC rate, which roughly correspond to the highest brackets +/- NIIT and extra medicare. What about the fact that the taxable bond funds receive state-tax exempt interest from US Treasuries; is tha...
by neurosphere
Wed Apr 25, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 550

Graph of various Vanguard fund SEC Yields for the past year

Hi all, there have been several threads about municipal money market yields recently which has sparked lively discussion about such things aa quarter-end spikes in MM funds, changes in spreads of various maturities, yield curve inversions, etc. So I was playing around with some numbers and created a...
by neurosphere
Tue Apr 24, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 1905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

mikebee wrote:
Tue Apr 24, 2018 4:03 pm
Did the survey.
Got a reward code from Ipsos.
Cashed it in with an Amazon purchase.
No problem.
Interesting. I got no reward code. Just "verify your email" and we'll send you a gift card.
by neurosphere
Tue Apr 24, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 2747

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

It did even better than a three fund that holds Total International. So what you are saying is, perhaps there is no need to hold international stocks? Adding international caused minimal difference overall? Now you can search the forum for threads debating the best allocation to foreign stocks. The...
by neurosphere
Tue Apr 24, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Re-financing (SoFi, others?) for friend
Replies: 6
Views: 580

Re: Student Loan Re-financing (SoFi, others?) for friend

At it's simplest, the best solution is to refinance to lower interest loans and pay them off as soon as possible. Whether to pay less towards loans in order to take advantage of retirement accounts might be a question left for another day. It doesn't sound that's what they want to do. Ok. A few obse...
by neurosphere
Tue Apr 24, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 8360

Re: NYT article: Everyone should hire a financial planner

Instead of stating that "everyone should hire a financial planner," New York Times should have stated that "everyone should use the Bogleheads Forum" in the following order: 1. Taylor's 3-fund portfolio... Perhaps a question for another thread, but why not a Target Date fund rather than the 3-fund ...
by neurosphere
Tue Apr 24, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: 1098T [IRS Form 1098-T, Tuition Statement]
Replies: 10
Views: 479

Re: 1098T [IRS Form 1098-T, Tuition Statement]

You're welcome to report what was paid to the schools in 2017 that you feel meets the IRS definition of qualified tuition payments, regardless of what the 1098-T says. I agree with this. If you have proof that you paid the school in 2017 (and not in 2018 for a bill received in 2017), and you can al...
by neurosphere
Tue Apr 24, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

Ok, I must be an idiot. What am I doing wrong? I used your link and then downloaded the benefit estimator, but I am unable to enter any data in the pink sections. I am on an iMac and using Safari. Please advise. Thanks, Bmac I don't use mac so I'm not sure about that. I doubt the browser type would...
by neurosphere
Tue Apr 24, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

Ah,, my bad. The manual changes in the CPI-W and AWI affect future earnings only. Seeing all my earnings are in the past (64 and retired), it does not affect my PIA. Also the BOLD indexed earnings now works AOK. Exactly. Your benefit will increase based on CPI. But I'm presenting all the data in Se...
by neurosphere
Tue Apr 24, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

I put in my earnings and was within a couple of dollars of the official social security estimate. This is particularly helpful for me, since ANYPIA does not work with newer MACs. Thanks! It should be exact (except that I do not show decimals in my spreadsheet, e.g. for the PIA), not off by a couple...
by neurosphere
Tue Apr 24, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

When I change a value in the Peach Box (CPI-W or AWI) it changes the green values below the peach box but it does nothing to the benefits box (above the graph) nor to the graph itself. Is anything "Protected" in the spreadsheet that may prevent the changes from occurring? I can't reproduce your pro...
by neurosphere
Tue Apr 24, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

It does bold the top 35 earning years but when using the index inflation factor that SS provides (using the inflation factors from the year when you were eligible for SS at age 62) these bold numbers are not the top 35 years. For example, I have a wage in 1975 that has an index inflation factor of ...
by neurosphere
Tue Apr 24, 2018 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 29
Views: 2849

Re: Downloadable Social Security Benefit Estimator (repost)

Excellent spreadsheet! Saved me so much time. One thing I would like to see is to somehow indicate which 35 years of income were used to calculate SS benefits. In most cases, I can see that would be the last 35 years (after turning 21, I believe). But, in other cases, there may be a few gaps of inc...
by neurosphere
Mon Apr 23, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 1905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

Ok, I emailed Gfk. Survey is legit. It was asking my experiences with Vanguard compared to other firms I may have experience with, including the website, investor materials, fact/data about investments, the look and feel of the site and literature, ease of use, appearance and "professionalism". Etc....
by neurosphere
Mon Apr 23, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 1905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

sport wrote:
Mon Apr 23, 2018 3:05 pm
It must be spam. You know that Vanguard would never spend $50 to get your answer to a survey.
I thought the same thing. $50 is way too much! :D

Now, if they were offering me a Vanguard mug, I'd be tempted to take a chance. 8-)
by neurosphere
Mon Apr 23, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 1905

Emailed Vanguard Survey from "GfK". Possible spam or phishing?

[Thread merged into here, see below. --admin LadyGeek] I was emailed a survey today. I suspect it's not legitimate, but I'm not sure. Anyone else get one recently? Text is below. You’re invited! We want your opinion. Hello XXX, Your feedback is important. Vanguard has commissioned GfK, an independe...
by neurosphere
Mon Apr 23, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: How Investors Undermine Returns
Replies: 8
Views: 1653

Re: Larry Swedroe: How Investors Undermine Returns

Everyone should realize that the data set is old: "The raw data include trading activity for 78,000 households with 158,000 accounts between January 1991 and November 1996." And it only looks at common stocks in the data set (i.e. not mutual funds as far as I can tell). I wonder how relevant data fr...
by neurosphere
Mon Apr 23, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: AA for HSA used for medical expenses
Replies: 7
Views: 451

Re: AA for HSA used for medical expenses

One simply strategy would be to include the HSA in your overall asset allocation, but to have the HSA hold bonds so that the value doesn't fluctuate as much. Then when/if you spend the HSA money for health care, you can probably adjust the rest of the portfolio to keep your desired asset allocation....
by neurosphere
Sun Apr 22, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 1894

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

Paywall. I found this other article: The Limits of Theory. Steven D. Bleiberg. April 2018 Does this present the same ideas? From the introduction/summary of your link, which I bet shares the same general ideas as the barron's article: And the idea that a market index is an optimal portfolio, rather...
by neurosphere
Sun Apr 22, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 1894

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

More and more, in addition to the index tracking the market, the market (or at least: its participants) tracks the index. What’s more, the use of indexing has had unintended consequences on the behavior of asset owners and asset managers; it changes the focus of both away from “which businesses are...
by neurosphere
Fri Apr 20, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 8360

Re: NYT article: Everyone should hire a financial planner

There may be times when you need a financial planner and times when you don't need a financial planner. But if you don't know whether you need a financial planner, you need a financial planner. 1210 I am neither disagreeing nor agreeing with this opinion. But it's certainly not one that's heard on ...
by neurosphere
Fri Apr 20, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 8360

Re: NYT article: Everyone should hire a financial planner

+1. And unlike WebMD, you can learn about financial planning online and be better than your "advisor" in a remarkably short time. I had to explain to one well-compensated advisor what tax loss harvesting was and why it was a priority. Agreed. And similar but different, I've had to explain to someon...
by neurosphere
Fri Apr 20, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for medical school or Roth conversion
Replies: 15
Views: 806

Re: Pay for medical school or backdoor Roth

Important question I didn't see answered yet was whether you'd have any income during medical school? If not, you could convert some amount of that IRA to a Roth tax free, and/or "capital gain harvest" existing taxable investments. Also, your post is confusing because I think you are using imprecise...
by neurosphere
Fri Apr 20, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 8360

Re: NYT article: Everyone should hire a financial planner

If I'm reading the article correctly, it's saying that financial planners are saying everyone should hire a financial planner. Is this an article or a paid advertisement masquerading as a news article? That's what it sounded like to me, one giant advertisement, with quotes only from financial plann...
by neurosphere
Fri Apr 20, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Where to find call dates for bonds in Vanguard Bond Funds
Replies: 19
Views: 812

Re: Where to find call dates for bonds in Vanguard Bond Funds

Macaulay Duration is the duration that mutual funds post. It is the average cash flows in years. Mutual funds use this because it is simple and has no subjective components to it. Effective duration measures interest rate sensitivity. It is much more complex and has subjective components to it. The...
by neurosphere
Fri Apr 20, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Where to find call dates for bonds in Vanguard Bond Funds
Replies: 19
Views: 812

Re: Where to find call dates for bonds in Vanguard Bond Funds

You can tell something: bonds showed as prerefunded or escrowed to maturity have "maturity dates" that are generally the call date, not the original maturity. Edit: On reflection, it is probably only prerefunded that show the call date as escrowed to maturity would mean the original maturity date. ...
by neurosphere
Fri Apr 20, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: Where to find call dates for bonds in Vanguard Bond Funds
Replies: 19
Views: 812

Where to find call dates for bonds in Vanguard Bond Funds

I'm doing some self education about bond funds, such as working my way through the various formulas used to calculate effective duration for bond funds. Along the way, I (re) realized how big a difference there is between the average maturity and the effective duration in some of Vanguards long term...
by neurosphere
Thu Apr 19, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 3552

Re: Lack of FDIC Insurance a big deal?

That was an intrinsically risky situation and to protect the system, among other regulations, "regulation Q" put a cap on how much interest banks could pay. At one point, IIRC, the cap was 5-1/2% for commercial banks, 5-3/4% for S&L's, and 6% for credit unions. Unable to compete on interest rates, ...
by neurosphere
Thu Apr 19, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 120
Views: 20306

Re: Muni Money Market funds starting to look good!

Voltron wrote:
Thu Apr 19, 2018 12:51 pm
I always see posters create nice graphs. What resource do use to create the graph? Visualization is helpful.

What I want to do is create a graph for example a California resident in different federal tax brackets. It might help me decide my goals.
I used excel 2016.
by neurosphere
Thu Apr 19, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 120
Views: 20306

Re: Muni Money Market funds starting to look good!

Just for fun, I plotted the SEC yields for the Vanguard NY Municipal bond fund vs those for the Limited and Short Term Tax Exempt bond funds. I converted the yields into taxable equivalent yields for the highest tax brackets for IRS and NYS/NYC (I used 37% federal and 12% NYS/NYC). I did not take in...
by neurosphere
Wed Apr 18, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: How do I properly calculate taxable yield for Vanguard Municipal Money Market?
Replies: 9
Views: 595

Re: How do I properly calculate taxable yield for Vanguard Municipal Money Market?

Here's just some basic education in tax-equivalent yields for any lurkers, and then some more info related to your specific question. Suppose you are contemplating putting $1000 away for one year. And your choices are a taxable savings account and a tax-free municipal money market. The taxable accou...
by neurosphere
Tue Apr 17, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 6617

Re: Help me explain why pre-tax investing can help when retiring in same bracket

I have found myself in two social situations in as many weeks where I have needed to explain why having 100% of your assets in Roth is not the optimal asset location mix in the hypothetical case where one's withdrawal marginal rate equals one's working marginal rate (because you skim off the top wh...
by neurosphere
Mon Apr 16, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: $4,400 in AMT? sanity check, please?
Replies: 11
Views: 1487

Re: $4,400 in AMT? sanity check, please?

Also, not this this really matters once the dust settles, but we both claim 1 withholding allowance and we owe $10k this year. with a nice $93 penalty. last year we owed $1k, same withholding. again I know withholding is arbitrary and does not equate to taxes paid, but it sticks out as a red flag ....
by neurosphere
Sun Apr 15, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Recommend airline luggage fitting in overhead bin?
Replies: 23
Views: 1912

Re: Recommend airline luggage fitting in overhead bin?

Doesn't it depend on the plane? I fly about 80 segments a year. On some flights, my bookbag barely fits into the overhead and most passengers gate-check their bags. So you should clarify the question and specify whether you just need the bag to get you through security and: 1) risk being required to...
by neurosphere
Sun Apr 15, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: 52 oz, the new orange juice size?
Replies: 21
Views: 1571

Re: 52 oz, the new orange juice size?

bob60014 wrote:
Sun Apr 15, 2018 2:54 pm
It goes along with the 5.2 Oz yogurts, less product, same or higher cost.

Now if I go to the pub and ask for a pint and they come back with a 12 Oz glass, look out!!
At least one local bar I go to gives 13oz pours. At least they don't call it a "pint". But cans = 12 oz and a draft beer is 13oz?
by neurosphere
Sat Apr 14, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: AMT can negate effect of state income & real estate deduction
Replies: 9
Views: 776

Re: State income taxes paid makes no difference for FY2017 Fed Liability

Last year I had also seen how with judicious choice of income, somebody could have close to 6 figures of spending money with shockingly low federal taxes by entering all other information in the tax software program before entering W2 data. Can you elaborate on this? Are you implying a bug, glitch,...
by neurosphere
Fri Apr 13, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: University 1098-T shows zero amount?
Replies: 7
Views: 486

Re: University 1098-T shows zero amount?

This is a common issue, an incorrect 1098-T. At least for medical schools, what I think is happening is that tuition is billed in December for the Jan-Jun semester which follows. For students who pay with loans or scholarships, these checks come right to the university and get cashed in December. Bu...
by neurosphere
Fri Apr 13, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 120
Views: 20306

Re: Muni Money Market funds starting to look good!

So will it run up at the end of every quarter? I did see it run up at the end of the year and into early January and then run down throughout January. Just curious why the Muni Money Market does this and the Prime does not. This came up in another thread and I made a graph. Below is a graph of SEC ...
by neurosphere
Thu Apr 12, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRAs and Backdoor Roths
Replies: 10
Views: 335

Re: Inherited IRAs and Backdoor Roths

My understanding is that an inherited IRA, if properly titled, is not YOUR IRA at all, and is not included in the pro-rata type rules on the 8606. In fact, the 8606 instructions state that if you have a distribution from an inherited IRA that has a basis (i.e. previously taxed monies) you'll need mo...
by neurosphere
Wed Apr 11, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Medical Records
Replies: 21
Views: 1290

Re: Medical Records

mega317 wrote:
Wed Apr 11, 2018 5:22 pm
123 wrote:
Wed Apr 11, 2018 1:57 pm
I don't think a current physician really spends much time looking at medical records from a prior physician.
This is wrong. Get your records.
Depends on the situation, but yes. Get your records.
by neurosphere
Wed Apr 11, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Repayment Plan
Replies: 41
Views: 1521

Re: Student Loan Repayment Plan

Spouses refusing to show income doesn't sound like "cannot reasonably access my spouse's income information" to me. I think that sentence is meant for people who are married but separated or something of the sort. Nope, there is a different option if one is legally separated from their spouse. Sepa...