Search found 311 matches

by pop77
Wed Jul 12, 2017 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Roth Vs Backdoor Roth
Replies: 9
Views: 1007

Re: Roth Vs Backdoor Roth

The only constraint that applies is you can each only contribute a total of $5500 to your Roth + tIRA combined. The conversion step has no dollar limit at all. But it is critical that you practice filling out an IRS 8606 tax form to see how documenting the backdoor works. Be aware that in line 6 a ...
by pop77
Wed Jul 12, 2017 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Roth Vs Backdoor Roth
Replies: 9
Views: 1007

Re: Roth Vs Backdoor Roth

Duckie wrote:
pop77 wrote:I want to confirm that I can contribute to Roth directly ($1500 I already did) and indirectly (through backdoor for the remaining 9500) in same year.

As long as the contributions are for $5500 total to your account and $5500 total to your spouse's account, you're fine.


Thanks!
by pop77
Tue Jul 11, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Roth Vs Backdoor Roth
Replies: 9
Views: 1007

Re: Roth Vs Backdoor Roth

After three months of struggle, I think I will finally be able to roll over my traditional IRA to my 401k!. I want to confirm that I can contribute to Roth directly ($1500 I already did) and indirectly (through backdoor for the remaining 9500) in same year. I just want to go through backdoor roth fo...
by pop77
Sat Jun 17, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for the Experts Panel at the Bogleheads Conference?
Replies: 25
Views: 5395

Re: Got a Question for the Experts Panel at the Bogleheads Conference?

Is market cap based index investing amplifying the FAANG stock bubble?
What are the downsides of fundamental indexes?

Each provide an example of one financial concept that you believed strongly in which you have changed your position
by pop77
Wed Jun 14, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Pay Mortgage vs. Buy Bonds
Replies: 61
Views: 5298

Re: Pay Mortgage vs. Buy Bonds

I have been struggling with this question for a while. But it dawned on me that I should look at this more from a 'cost of capital' perspective. If I have a properly asset allocated portfolio based on my risk profile and have enough in dividends/fixed income to cover 10 years expenses to protect aga...
by pop77
Sun May 28, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: The Best Account for International Equities
Replies: 42
Views: 4187

Re: The Best Account for International Equities

Here is an interesting case study of how the spreadsheet proves your typical logical reasoning might be wrong. I have access to Vanguard Small Cap Institutional Plus (VSCPX) , Fidelity International Institutional (FSPNX) and Fidelity Emerging Markets Index (FPMIX) Institutional through 401k. The exp...
by pop77
Sun May 28, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: The Best Account for International Equities
Replies: 42
Views: 4187

Re: The Best Account for International Equities

Sure! In fact I don't have to change anything at all. With my personal tax situation (15% federal, 6% state), the tax efficiency spreadsheet shows that VBR [Vanguard Small Cap Value] has a tax cost of 0.21% and VXUS [Vanguard Total International] has a tax efficiency of 0.12%. So I should prefer VB...
by pop77
Tue May 23, 2017 8:38 am
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 64
Views: 16308

Re: The Second Time Around

I am a cancer survivor having battled four types of cancer. My first cancer in 2005 took away my natural voice (I now use an electronic voice). Taffy founded a medical school and is helping me with any medical problems. Taffy is also my talented crew during sailing regattas. Taylor Taylor, wow so b...
by pop77
Thu May 11, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: International REIT
Replies: 31
Views: 2805

Re: International REIT

Interesting that VTSMX has a 0.75 correlation with VNQ when it has negative correlation with LC Value, LC growth, LC Blend , Small Cap and Mid cap individually...
by pop77
Wed May 10, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: International REIT
Replies: 31
Views: 2805

Re: International REIT

I was surprised at this. I ran correlations among all the asset classes I own and found that VNQI has higher correlations with all of them except total bond market. VNQ has negative correlations with Vanguard LC Value, LC Blend, Small Cap Index and FTSE Index and surprisingly VNQI has positive corre...
by pop77
Tue May 09, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Easiest way to identify the Asset Sub Class for an Individual Stock
Replies: 3
Views: 269

Easiest way to identify the Asset Sub Class for an Individual Stock

What would be the easiest way to find out which asset class/sub class an individual stock falls under? I own a bunch of individual stocks and would like to know whether they are LCV, LCG, LCB, MCV etc...

LCV- Large Cap Value..
by pop77
Sun Apr 30, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 57
Views: 4903

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

It depends on what type of cash flow you want to have and what you want to do with your retirement. If you want to travel the world nicely while you can 80% may not be enough. If you plan too high you can always find a worthwhile charity, too low and retirement can be a groaner. Yet another good re...
by pop77
Sun Apr 30, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 57
Views: 4903

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

It depends on what type of cash flow you want to have and what you want to do with your retirement. If you want to travel the world nicely while you can 80% may not be enough. If you plan too high you can always find a worthwhile charity, too low and retirement can be a groaner. Yet another good re...
by pop77
Thu Apr 27, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 6087

Re: Vanguard New Lower ER .04%

There is an across the board decrease, I see decreases in Institutional Plus Shares. VBMPX is at 0.03% now. VSCPX and VMCPX are down as well. ETFs fees are decreased as well.

Is this now in a positive cycle that more reductions result in more fund flows that result in more reductions??
by pop77
Mon Apr 24, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 21436

Re: Any regrets living a frugal life for high income/high networth individuals?

I think it is "whatever floats your boat". Some enjoy buying nicer shirts, some enjoy bigger houses, some enjoy first class tickets to Asia. The major question is whether any of this can bring you lasting happiness. Money is a means but not the end. Do we really need a stimulus (internal o...
by pop77
Sun Apr 23, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: "Commodities in Your Portfolio? 'Hogwash...'"
Replies: 21
Views: 2919

Re: "Commodities in Your Porfolio? 'Hogwash...'"

Gee, it has only been a decade or so of under-performance. You have to give these things time - maybe a couple of generations, but think of the tail risks you avoid. You have to ignore the actual return of commodities and consider the risk adjusted return of the portfolio. Dale I remember the epic ...
by pop77
Sun Apr 23, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: Ben Carlson Drawdown Chart
Replies: 18
Views: 4193

Re: Ben Carlson Drawdown Chart

Thank you so much. More reinforcement of "Time In the Market" vs. "Market Timing" J I saw no charts relevant to that? The best in days and best out days would have been a good addition because a heck of lot of people like you falsely believe the self-serving Wall Street propagan...
by pop77
Wed Apr 19, 2017 8:15 am
Forum: Investing - Theory, News & General
Topic: "Commodities in Your Portfolio? 'Hogwash...'"
Replies: 21
Views: 2919

Re: "Commodities in Your Porfolio? 'Hogwash...'"

Gee, it has only been a decade or so of under-performance. You have to give these things time - maybe a couple of generations, but think of the tail risks you avoid. You have to ignore the actual return of commodities and consider the risk adjusted return of the portfolio. Dale I remember the epic ...
by pop77
Tue Apr 18, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Proxies for IBond and Cash in Portfolio Visualizer
Replies: 4
Views: 374

Re: Proxies for IBond and Cash in Portfolio Visualizer

Thanks Kevin. I will use Vanguard short term tips fund as a proxy for Ibond. Good to know about CASHX.
by pop77
Tue Apr 18, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Proxies for IBond and Cash in Portfolio Visualizer
Replies: 4
Views: 374

Proxies for IBond and Cash in Portfolio Visualizer

I am trying to use portfolio visualizer for my portfolio. What is the proxy ticker symbols to use for Ibond holdings and cash (in Savings accounts and Cash in brokerages)?
by pop77
Tue Apr 11, 2017 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Roth Vs Backdoor Roth
Replies: 9
Views: 1007

Re: Roth Vs Backdoor Roth

If your concern is being out of the market, but you are not sure if you will qualify to make a Roth contribution, how about putting the money into a taxable account and once you've completed your taxes for 2017, if you qualify, sell the taxable and put the money into a Roth. If not, leave it in tax...
by pop77
Tue Apr 11, 2017 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Roth Vs Backdoor Roth
Replies: 9
Views: 1007

Roth Vs Backdoor Roth

I am trying to plan ahead regarding my retirement accounts. If things do not change much I will be eligible for Roth IRA contributions. But if I happen to switch jobs for a better salary or get a much larger bonus by end of this year, I may not be eligible for Roth. As I start contributing for my Ro...
by pop77
Sun Apr 09, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: State Taxes and itemized deductions
Replies: 5
Views: 484

Re: State Taxes and itemized deductions

your tax software (assuming you're using the same package) picked up the refund, and it also gives you credit for this years itemized deductions for the taxes you paid to the second state as balance due during 2016. It's showing the refund you got from state 1, and if you go thru the menus or go in...
by pop77
Sun Apr 09, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: State Taxes and itemized deductions
Replies: 5
Views: 484

State Taxes and itemized deductions

I thought this will be a simple question but I cannot seem to find answer to this easily by Googling.. Last year I had to file taxes for two states and I also itemized the deductions. For one state I got a refund and for another I had to pay extra. This year, my tax software adds just the refund to ...
by pop77
Wed Mar 15, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Financial Independence: How many years of living expenses saved?
Replies: 23
Views: 3921

Re: Financial Independence: How many years of living expenses saved?

25x of the income requirements not covered by annuitized incomes you will be receiving. For example if you need $5000/mo and social security is paying you $2000, you need 25x of $36000. If you retire early you only need to bridge the gap before SS, pensions, etc. kick in. So say you retire at 56 an...
by pop77
Tue Mar 14, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Independence: How many years of living expenses saved?
Replies: 23
Views: 3921

Re: Financial Independence: How many years of living expenses saved?

25x of the income requirements not covered by annuitized incomes you will be receiving. For example if you need $5000/mo and social security is paying you $2000, you need 25x of $36000. If you retire early you only need to bridge the gap before SS, pensions, etc. kick in. So say you retire at 56 an...
by pop77
Mon Feb 20, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 7931

Re: 20% bonds: why bother at 48?

I'm 48 and spouse is 52. I know that bonds reduce overall volatility. However, if I'm not concerned about a bumpy road during the next 10 years or so, why bother having any? If here's a global meltdown, 20% won't be enough to be meaningful. I am on board that within 5 years of retirement, I need to...
by pop77
Tue Feb 14, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Foreign Exposure in Vanguard Bond funds
Replies: 19
Views: 1513

Re: Foreign Exposure in Vanguard Bond funds

The characteristic of the asset class! New way to look at it. Makes sense. Thanks!
by pop77
Mon Feb 13, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Exposure in Vanguard Bond funds
Replies: 19
Views: 1513

Re: Foreign Exposure in Vanguard Bond funds

So how do you categorize the 10% non us bonds in Vanguard total bond market? Domestic Bonds or International Bonds. As Vanguard Total Bond Market is my main (99%) fund for my bond allocation, even 10% can add up.
by pop77
Sun Feb 12, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: The Ned Said Effect strikes again
Replies: 52
Views: 4522

Re: The Ned Said Effect strikes again

I have quite often posted about the so-called Nedsaid effect which occurs when the investment you sell does better than what you bought to replace it. Recently I trimmed my position in Applied Materials selling shares at $31.79 a share. With the proceeds and cash left over from dividends, I added t...
by pop77
Mon Feb 06, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2855
Views: 840984

Re: What Movie Have You Recently Watched?

I stumbled upon a movie called 'Room' in Amazon Prime. Very well made..
by pop77
Mon Feb 06, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 1017

Re: Diversification Benefit of a specific asset class

I wonder whether there are any counter points from those who have multiple slices in their portfolio..
by pop77
Sun Feb 05, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 1017

Re: Diversification Benefit of a specific asset class

Good point. I think % Bonds is the key decision and provides most of the diversification, other slicing and dicing is all gravy..
by pop77
Sat Feb 04, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 1017

Diversification Benefit of a specific asset class

I am trying to simplify my overall portfolio, trying to assess whether the asset class I own provides any specific benefit or whether I should get rid of it and add the proceeds to another one. Is there a specific way to find diversification benefit of a specific asset class? For example, I own 3% i...
by pop77
Thu Jan 19, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: ok to pull plug and retire?
Replies: 52
Views: 8177

Re: ok to pull plug and retire?

You should be good to go. Just curious, do you like your job or cannot wait to get out. What is your line of work? If you have accumulated a good chunk in such young age, you should be loving what you are doing..
by pop77
Fri Jan 06, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 27150

Re: Annual Vacation Budget

Thanks everyone. There is a lot of useful information here. I agree with many here that spending money on vacation is more worthwhile than spending on things. The basis for my question was even for vacations, you might soon reach a point of diminishing returns. I want to get a gauge on what the aver...
by pop77
Fri Jan 06, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 27150

Annual Vacation Budget

What is your average annual budget/spending for vacations (Family of 2-4)?
I am trying to step up a little bit on my vacation spending (live a little!) but do want to spend too much. Currently I am thinking 8-10k for three people.
by pop77
Wed Jan 04, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 6165

Re: Picking Individual Stocks Is Dangerous

Nedsaid,

Good luck. My portfolio is structured the same way though I have a higher proportion than you in individual stocks. For Emerging Markets, Small Cap, Bonds and Real Estate I rely on Index funds.
by pop77
Sun Jan 01, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 6165

Re: Picking Individual Stocks Is Dangerous

The point is that an individual could make truly disastrous stock picks if they had no idea of what they were doing. For example, a tech heavy portfolio chosen in early 2000 could have been pretty disastrous. My guess is that losses could have been 70% to 90% compared to about 50% for the index dep...
by pop77
Sun Jan 01, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 6165

Re: Picking Individual Stocks Is Dangerous

Bogleheads: I saved the January 2016 issue of Kiplinger magazine because it has a two page article featuring the Bogleheads. The magazine cover recommends " 8 Stocks to Buy Now ." I thought it would be interesting to see how these 8 carefully selected stocks have performed year-to-date (1...
by pop77
Fri Dec 23, 2016 7:37 am
Forum: Investing - Theory, News & General
Topic: Interesting Contrarian View - Buy Bonds - Wealthtrack
Replies: 12
Views: 2764

Re: Interesting Contrarian View - Buy Bonds - Wealthtrack

Yeah most say get out of Bonds, Utilities and FMCG but his advice was different so I thought I would share.
by pop77
Sat Nov 26, 2016 8:46 am
Forum: Investing - Theory, News & General
Topic: TIPS vs. I-Bonds: any reason to prefer TIPS?
Replies: 20
Views: 3612

Re: TIPS vs. I-Bonds: any reason to prefer TIPS?

Looks like this [reinvestment of TIPS coupon interest] will be a disadvantage [for I Bonds] in the current environment. By "current environment" I assume you mean, pop77, that real interest rates are more likely to rise after purchase than to fall as they did in the example from my post a...
by pop77
Thu Nov 24, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: TIPS vs. I-Bonds: any reason to prefer TIPS?
Replies: 20
Views: 3612

Re: TIPS vs. I-Bonds: any reason to prefer TIPS?

One possible advantage of I Bonds over TIPS that I haven't seen discussed much is that interest earned on I Bonds is automatically reinvested at the fixed rate. This isn't the case with TIPS. If not spent, coupon interest received must be reinvested at real rates prevailing at the time. This is a c...
by pop77
Sat Nov 19, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Adding to Small Cap
Replies: 12
Views: 1733

Re: Adding to Small Cap

Do you blindly invest in an asset class if it hits a rebalancing band? If an asset class hits a rebalance band, that means another in your AA must have also hit that band. How is that blindly investing in one, if it's your plan to do so when rebalance bands are hit? Seems like that would be a plann...
by pop77
Sat Nov 19, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Adding to Small Cap
Replies: 12
Views: 1733

Adding to Small Cap

I have watched Small cap go from strength to strength creating new highs. I typically look at the P/E ratios and P/B of the indexes I invest and the values for (VSCPX for example) were pretty high a year ago. Do you blindly invest in an asset class if it hits a rebalancing band? Do you pay attention...
by pop77
Wed Nov 09, 2016 9:31 am
Forum: Investing - Theory, News & General
Topic: Just don't panic
Replies: 61
Views: 9760

Re: Just don't panic

Would it make sense to use the cash reserved for IBonds in Nov for equity? Looks like the new administration will be more inclined to increase interest rates and that would possibly mean better fixed rates.
by pop77
Sat Aug 06, 2016 2:16 pm
Forum: Personal Consumer Issues
Topic: Unauthorized Cable Charges
Replies: 8
Views: 1220

Unauthorized Cable Charges

I recently switched cable providers and when I switched my new cable provider told be that he would give me three months of free premium cable (HBO, Showtime etc), to my dismay when I got my first bill I saw I have been charged for those premium channels. I called promptly and talked to them, the re...
by pop77
Fri Jul 15, 2016 11:38 am
Forum: Personal Finance (Not Investing)
Topic: How badly did I get ripped off? [Auto lease]
Replies: 21
Views: 3468

Re: How badly did I get ripped off?

What! Bogleheads talking about lease???
You had me at lease.. why would anyone lease a car unless there are some tax advantages (like running a business)?