Search found 2564 matches

by pingo
Fri Nov 03, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3155

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

I have not read the 10th anniversary edition, but the original may be the finest book I've ever read on investing. It is usually the first book I think of when making a recommendation about investing. John Bogle's seminal work Common Sense on Mutual Funds was an industry shaker, but his Little Book ...
by pingo
Wed Aug 02, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Please!
Replies: 36
Views: 3599

Re: Portfolio Help Please!

Sorry I'm so late to the party, but I wanted to add that MFS International Value is a great fund, especially at that price. You could do far worse. Fact is, Vanguard International Growth is another one of those really great actively-managed international funds at a good price--one that is lower than...
by pingo
Wed Jul 05, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: 401k- What to do with high expense funds?
Replies: 22
Views: 1198

Re: 401k- What to do with high expense funds?

Wait a second...we don't actually know what funds are available in your 401k other than what you listed in the portfolio Prudential suggested.

What other funds are available?
by pingo
Wed Jul 05, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k- What to do with high expense funds?
Replies: 22
Views: 1198

Re: 401k- What to do with high expense funds?

I'd also consider Dodge & Cox International, if you're unable to obtain your international allocation for the whole portfolio in an account with lower cost options. I'm also in favor of ditching the high cost growth and value funds. They have to beat the S&P 500 index fund by 0.58% to 0.90% -ish eve...
by pingo
Wed Jun 21, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Help with %s | Traditional vs. Roth 401k
Replies: 45
Views: 2699

Re: Asset Allocation - Help with %s | Traditional vs. Roth 401k

Please clarify: are the i401ks Roth-only? Or, are they a Traditional and Roth? I can't find whether you specify it or not. I only see that your current contributions are to Roth i401k accounts. Please edit your initial post to indicate what percent of your portfolio is in Roth i401ks and what percen...
by pingo
Mon Jun 19, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking 401k rollover advice
Replies: 5
Views: 458

Re: Seeking 401k rollover advice

Rolling to the new 401k is fine. If you provide the information the others are requesting (best if it's all the recommended information (link) , we can help you know what advantage, if any, may be in one choice over the other. Please add that information into your initial post in this thread. I agre...
by pingo
Fri Jun 16, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: 401k Choices
Replies: 2
Views: 406

Re: 401k Choices

BlackRock LifePath Index Funds are great. I usually have no problem recommending them, but why did you leave out your plan's ER's for the Vanguard Target Funds and for the incoming LifePath funds? Judging by the high expenses of the asset class index funds in your plan, I'll assume that your 401k is...
by pingo
Tue Jun 06, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Help
Replies: 30
Views: 3099

Re: Allocation Help

Great questions. Kudos to you for taking a closer look. Retiredjg is right. It is a fuzzy issue. I wanted to keep things simple and advise conservatively since it can be hard for anyone to hold Emerging Markets in a separate fund. They are * v O l a T i L e ! * To put me somewhere in the ballpark, I...
by pingo
Fri Jun 02, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

Sorry for the delay. I somehow missed the notification. "29.75% marginal" comes from adding your federal and state brackets together. 401k pre-tax contributions defer taxes at your highest marginal rate. (Unlike retirement, where spending down the 401k starts off at your lowest marginal rate and pro...
by pingo
Fri May 26, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Help with asset allocation across multiple accounts
Replies: 19
Views: 1894

Re: Help with asset allocation across multiple accounts

67/33 is a great asset allocation and you appear to have given it the thought it deserves. Is there a reason you recommend the BlackRock Large Cap Index fund over the Principal LargeCap S&P 500 Index fund? BlackRock's has a higher expense ratio of 0.35%, while Principal's has a lower expense ratio o...
by pingo
Thu May 25, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

You could increase your 401k savings somewhat by taking advantage of pre-tax Traditional 401k contributions and putting the 29.75% marginal tax savings to work in the After-tax 401k...to the tune of up to $5,355 per year without shrinking your paycheck. Also, my back of the envelope math tells me th...
by pingo
Thu May 25, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Is The Vanguard Balanced Index Fund All One Needs?
Replies: 52
Views: 11591

Re: Is The Vanguard Balanced Index Fund All One Needs?

I was advised upon retirement to spend bonds in down years and stocks in up years. Seems a combined fund would disallow this strategy... I suppose that a balanced fund will sell stocks when they're up and sell bonds when stocks are down. It would be necessary in order to maintain it's set asset all...
by pingo
Thu May 25, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

If you already setup the 401k with those funds, don't touch it for at least 3 months in order to avoid any 1-3 month short-term trading fees they'd probably impose. When you start a new thread to discuss taxable portfolio and budgeting, you should also probably update and include all the information...
by pingo
Wed May 24, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

I think you're fund selection in the above post is great. I cannot argue with your choices. Well done! Please consider 2 reasons I personally think you'll be better served by using one target fund in each account before moving on: 1. You seem to need to reduce as many distractions in your financial ...
by pingo
Wed May 24, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

In the meantime, there’s a really big chunk of money sitting in cash ($420K) . Where is this $420k? I don't see it placed anywhere in your financial summary. Is it part of the money you have already marked for parent care, new care and mortgage pay-off? Also, you list one 401k account, but doesn't ...
by pingo
Wed May 24, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: American Funds beat out Vanguard Index over lifetime?
Replies: 63
Views: 8762

Re: American Funds beat out Vanguard Index over lifetime?

American Funds' forte is growth and (I was surprised to find out from Morningstar a few years back) momentum. I'd actually be surprised to see American Funds' growth funds being trounced by value when value does well, but I supposed I could take a little time to see what the past tells us. In fact, ...
by pingo
Mon May 22, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset allocation across multiple accounts
Replies: 19
Views: 1894

Re: Help with asset allocation across multiple accounts

I suddenly had some time I may not have for a while, so I thought I'd work something out the best I can. Hopefully it is helpful. You can always ask for adjustments to my suggestions. The hardest part is over. Tax Rate: 25% Federal, 0% State Age: His: 45, Hers: 35 Desired Asset allocation: 67% stock...
by pingo
Fri May 19, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset allocation across multiple accounts
Replies: 19
Views: 1894

Re: Help with asset allocation across multiple accounts

I realize you may have wanted to abbreviate the process and choose only the winners we'd choose based on costs, but we should have all the information. In fact, I've been studying your portfolio and realized I cannot proceed without knowing if I have all the 401k information. 1. Have you listed all ...
by pingo
Thu May 18, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: American Funds beat out Vanguard Index over lifetime?
Replies: 63
Views: 8762

Re: American Funds beat out Vanguard Index over lifetime?

There's a point where our passion to argue for low cost, passive investing morphs into vituperation against active management. Index funds are great because of diversification of holdings and because they typically (not always) have low costs. Preferential tax treatment may also become a part of a f...
by pingo
Sat May 13, 2017 11:09 pm
Forum: Investing - Theory, News & General
Topic: American Funds beat out Vanguard Index over lifetime?
Replies: 63
Views: 8762

Re: American Funds beat out Vanguard Index over lifetime?

American funds are well-managed and their managers eat their own cooking. I actually like them... ...but I really hate the fact that there are several iterations of each fund and most of them have loads or higher expense ratios than I like. Even if I knew for a fact that going forward an American Fu...
by pingo
Wed May 10, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor- Need guidance- High Income Investment Options
Replies: 10
Views: 1346

Re: New Investor- Need guidance- High Income Investment Options

Chances are you should both be maxing your 401ks, but you need to give us plan information (funds, tickers and expense ratios) so we can confirm. Even with lemons, we can usually help you make delicious lemonade. Before saving any more money outside of the 401ks and (backdoor) Roths, you should look...
by pingo
Tue May 02, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is target date fund the best way to go?
Replies: 19
Views: 2985

Re: Is target date fund the best way to go?

If we narrow the topic back to OP's Vanguard account, Vanguard's target funds are simple, index fund-based portfolios that indicate the all in costs, except transaction costs and bid/ask stuff, etc, which is minimal and can be found in the Statement of Additional Information (SAI), not that most peo...
by pingo
Tue May 02, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

Thank you for your response. I appreciate your patience as I may require further correction if I have misunderstood your posts. Please review the following table. If there are any errors, please make corrections onto the table and re-post it. It'll be a big help on my end to have it for easy referen...
by pingo
Mon May 01, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

I realize that you may need a little more orientation, which we're happy to give. In order to do so, please answer to following questions so that I can be sure I understand your earlier posts with clarity: 1. Are you contributing to a Traditional (pre-tax) or Roth 401k (post-tax)? 2. Are you contrib...
by pingo
Mon May 01, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

Nothing inherently wrong with the ETF. Nothing inherently wrong with using either or both funds to fill your desired U.S. stock allocation.

My question for you: what is it about ETFs that you prefer over equivalent traditional index funds?
by pingo
Mon May 01, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: My 401K Plan Offers Vanguard!! Three Fund Portfolio Approach

Questions: 1) Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) and Fidelity Total Market Index Fund (FSTVX) comparable? Yes. Fido Total Stock (FSTVX) = 80% VG Instl Idx (VIIIX) + 20% Fido Ext Mkt (FSEVX). VIIIX and FSTVX are broad market indexes, but FSTVX is technically more com...
by pingo
Thu Apr 27, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

That's right. There are those that will prefer to manage their portfolio to cut out any basis points they can. The argument—it's a good one—is that $600 is $600 and it is something over which we have control. When it comes to investing, costs and asset allocation are two of the few areas where we ca...
by pingo
Thu Apr 27, 2017 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3189

Re: Portfolio Questions and Review

I don't visit this site as much as I used to, but this thread caught my eye and I figured I'd try to add my $0.02 if it didn't resolve quickly. One Fund? Really? Do Bogleheads put $1M in a single fund like the FXIFX Fidelity Freedom® Index 2030 Fund - Investor Class ER=0.15 ? Yes. In reality, the Fi...
by pingo
Mon Apr 17, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: First Full-Time Job: Need Help Picking Funds
Replies: 21
Views: 1601

Re: First Full-Time Job: Need Help Picking Funds

Max out 457b and Roth IRA before thinking about a taxable account. Your good options look to be: [*]Vanguard Total Bond Market Index Fund (VBMPX/0.05) [*]Vanguard Institutional Index Fund – Plus Shares (VIIIX/0.02) [*]Vanguard Mid Cap Index - Institutional Plus (VMCPX/0.06) [*]Vanguard Small Cap Ind...
by pingo
Wed Apr 05, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Advice
Replies: 18
Views: 1842

Re: Allocation Advice

OP, does your 401k have an after-tax 401k feature with the ability to take distributions from the after-tax 401k at least once per year? Be advised that I'm not referring to your 401k Roth option. I'm referring to an After-tax 401k option. It can be a way to get loads of extra savings from your a 40...
by pingo
Fri Mar 24, 2017 12:24 am
Forum: Investing - Help with Personal Investments
Topic: 401K Advice
Replies: 20
Views: 1613

Re: 401K Advice

Patience, young grasshopper. Yes, those are the quintessential funds. It is arguable you need nothing else. (I am partial to Vanguard Target Funds, but in my mind it's a question of six of one, half dozen of the other.) But, DON'T change your funds around until we see how the big picture shakes out....
by pingo
Wed Mar 22, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Advice
Replies: 20
Views: 1613

Re: 401K Advice

Please look at your 401k Plan Document to see if your 401k allows both of the following: 1. After-tax contributions (a.k.a. After-Tax 401k ) above and beyond your personal pre-tax contributions. (NOT the same as Roth contributions.) 2. In-service distributions of after-tax amounts at least once per ...
by pingo
Wed Mar 22, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Advice
Replies: 20
Views: 1613

Re: 401K Advice

Thank you for the updates. Please update your initial post to provide the expense ratios for each fund in the 401k. Also, please provide information about how much you contribute/will contribute to the 401k, Roth and "taxable" account each year for the forseeable future. Please give us the contribut...
by pingo
Wed Mar 08, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley or Balanced index?
Replies: 26
Views: 2344

Re: Wellesley or Balanced index?

It factors in a bit, but Morningstar rates the risk for both as below avg, and the Vanguard website rates them both as 3/5 risk factor, so if it's a better fund, the risk level doesn't seem too wide between the two [though I know having more stock AA will present more risk] Not trying to derail you...
by pingo
Wed Mar 08, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley or Balanced index?
Replies: 26
Views: 2344

Re: Wellesley or Balanced index?

Balanced Index Fund is nearly twice as risky as Wellesley due to it's higher stock allocation. Does that factor into your decision?
by pingo
Wed Jan 25, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: T. Rowe Price Claims they consistently beat Indexing
Replies: 24
Views: 3423

Re: T. Rowe Price Claims they consistently beat Indexing

I like the T. Rowe Price Target funds. I don't own any, but I like them and would have used one without hesitation had they been offered in my employer plan. They are a great option in employer plans. Speaking anecdotally, it is common fir the expense ratios for those plans are within 10 basis poin...
by pingo
Wed Jan 25, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement 2045 Fund (VTIVX) Question
Replies: 16
Views: 2296

Re: Vanguard Target Retirement 2045 Fund (VTIVX) Question

And nothing says you should move out of a target fund later on as long as you still find it's asset allocation to be appropriate. Mrs. Pingo and I have our money in a Vanguard Target Retirement Fund in our IRAs and they are an excellent all-in-one solution. You're not likely to do much better, but ...
by pingo
Tue Jan 24, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: T. Rowe Price Claims they consistently beat Indexing
Replies: 24
Views: 3423

Re: T. Rowe Price Claims they consistently beat Indexing

I like the T. Rowe Price Target funds. I don't own any, but I like them and would have used one without hesitation had they been offered in my employer plan. They are a great option in employer plans. Speaking anecdotally, it is common for the expense ratios for those plans are within 10 basis point...
by pingo
Tue Jan 24, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement 2045 Fund (VTIVX) Question
Replies: 16
Views: 2296

Re: Vanguard Target Retirement 2045 Fund (VTIVX) Question

And nothing says you should move out of a target fund later on as long as you still find it's asset allocation to be appropriate. Mrs. Pingo and I have our money in a Vanguard Target Retirement Fund in our IRAs and they are an excellent all-in-one solution. You're not likely to do much better, but y...
by pingo
Thu Jan 19, 2017 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Beginner ?s 401k and Investing
Replies: 20
Views: 2260

Re: Beginner ?s 401k and Investing

I see a gross expense ratio of 0.12%. Same as net. If there were a risk that the Target Funds might suddenly become expensive, that same risk would also exist in the other low cost SSgA index funds in the plan. All the funds in the plan have dividends and capital gains, but you won't see them. They'...
by pingo
Wed Jan 18, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner ?s 401k and Investing
Replies: 20
Views: 2260

Re: Beginner ?s 401k and Investing

It may take a while to see it from where you're sitting, but selecting funds based on past performance will not help you outperform in the long run moving forward. Your most important decisions are costs and asset allocation: keeping more of your money for yourself (through low costs) to be re-inves...
by pingo
Thu Jan 12, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 4807

Re: Weight machine vs free weight

Freeweight or machine? Dumbbell or barbell? Weightlifting or weight training? I doubt there is any one option that is more advantageous in every category. Machines can be better for some things; freeweights for most things. However, there can be reasons to use a machine over freeweights. More arrows...
by pingo
Thu Jan 12, 2017 2:25 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 4807

Re: Weight machine vs free weight

Hmmmmmm...after relatively little use, the paint on my IM weights was chipping off. Also, with relatively little use, the IM handles rusted through the chrome. In my experience owning both - the powerblocks had a much more durable finish. And, if someone is worried about powerblocks rattling - it's...
by pingo
Wed Jan 11, 2017 6:54 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 4807

Re: Weight machine vs free weight

Re adjustable dumbbells: I was ready to finalize a purchase on Amazon, and then read a review about weights falling off the Soloflex. That frightened me, but a rack of dumbbells of various weights isn't so great either. Has anyone heard of getting injured with an adjustable dumbbell because of weig...
by pingo
Wed Jan 11, 2017 12:55 am
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 4807

Re: Weight machine vs free weight

Re adjustable dumbbells: I was ready to finalize a purchase on Amazon, and then read a review about weights falling off the Soloflex. That frightened me, but a rack of dumbbells of various weights isn't so great either. Has anyone heard of getting injured with an adjustable dumbbell because of weig...
by pingo
Tue Jan 10, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 4807

Re: Weight machine vs free weight

Machines often require more room than might appear and one does have to move around when using them. It seems the smaller/quicker they are, the more limited the machine or the more space they require. I love barbells, too, but they require a lot of space and other equipment to keep clutter to a mini...
by pingo
Wed Jan 04, 2017 1:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date funds - asset alloc
Replies: 10
Views: 1385

Re: Vanguard Target Date funds - asset alloc

This is my understanding, as basic as it may be. Vanguard weighed the historical data with its long-term market forecasts. Forecasts are not the same as market timing. They comprise the legitimate practice of Bogleheads/authors Larry Swedroe, Richard Ferri and William Berstein, as well. Vanguard som...
by pingo
Tue Jan 03, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date funds - asset alloc
Replies: 10
Views: 1385

Re: Vanguard Target Date funds - asset alloc

Yes, Vanguard allocates 40% of stocks to international equities:

90% stocks x 40% international = 36% of the portfolio

Is this an employer sponsored plan? Or is it a Vanguard account where you can exchange into any available Vanguard fund?
by pingo
Sat Dec 24, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Morningstar Advice to Retirees
Replies: 11
Views: 1618

Re: TIPS Morningstar Advice to Retirees

Edits: It looks like you're 50% stocks / 50% bonds. My view: adding TIPS is neither harmful nor essential. If one looks to stocks for growing a portfolio (capital appreciation and inflation protection) while looking to bonds for stability and income (particularly in retirement), then using TIPS red...