Search found 38 matches

by sschoe2
Sun Apr 30, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 82
Views: 4504

Re: Microsoft, I want my computer back!

I gave up on MS software and went to Linux Mint on my desktops. One of my computers has Win 10 on a separate partition that I go into very seldom usually to use ODIN to update bootloaders/TWRP on my tablet ( I use custom ROMs). The constant aggressive update jacking was a top reason but I find MS so...
by sschoe2
Fri Apr 28, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Somebody hit my car in a parking lot
Replies: 26
Views: 3511

Re: Somebody hit my car in a parking lot

My father then I had a 1995 Saturn. He previously had a Toyota that rusted so he wanted the Saturn. Instead the panels didn't rust but the frame, undercarriage, and exhaust rusted to heck, it was burning oil by 60k miles, having transmission flares, and by 90k miles I gave up on it. Crapbox and mone...
by sschoe2
Fri Apr 28, 2017 6:02 am
Forum: Personal Consumer Issues
Topic: Home Warranty
Replies: 11
Views: 792

Re: Home Warranty

Ignore the invoice. These warranties are totally worthless with so many restrictions. Agreed plus they give bonuses to contractors to find reasons to deny you. I had a refrigerator die and the repair person tried to put down we should have opened it up and cleaned the circuitry with duster (it was ...
by sschoe2
Thu Apr 27, 2017 7:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 5406

Re: Vanguard New Lower ER .04%

I logged in today and my mutual fund version VTSAX is also down to 0.04% and my tax managed small cap index VTMSX is down to 0.09% from 0.11% I believe.
by sschoe2
Wed Apr 26, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8485

Re: Why is Real-Estate so Bad?

There was a caller on Bob Brinker last Sunday who had a $1.5E6 property that was netting him about a 2.5% return. He was asking if he should sell. For me that would be a no-brainer. You could do better in bonds.
by sschoe2
Wed Apr 26, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm
Replies: 10
Views: 1651

Re: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm

I like it. I keep my emergency fund in it. I keep it $50k in VFSUX and have $10k in a credit union account as my primary emergency fund.
by sschoe2
Tue Apr 25, 2017 8:13 am
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 4833

Re: New job and offer - recruiter sent a wrong $$

If by recruiter you mean company HR it is very possible they bleeped up and are to arrogant to admit it. I have had enough experience with HR people that I have no respect for most of them and have come to expect scatterbrained, rudeness, arrogance, and unprofessionalism from most of them. It is als...
by sschoe2
Fri Apr 21, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: How inefficient is it to hold Total Bond Index in a taxable account?
Replies: 34
Views: 4185

Re: How inefficient is it to hold Total Bond Index in a taxable account?

I am in the 25% bracket. I currently hold only short term bonds as my emergency fund and until interest rates stabilize.

corporate VFSUX=2.02%
Muni VMLUX=1.40%

0.75*2.02=1.515 VFSUX wins
by sschoe2
Thu Apr 20, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Re: Moving my mother's obscure funds to Vanguard

I'm aware though I have access to her RBC website account and some of the stuff shows the cost basis and some says N/A and has none. However some of the funds she has have huge losses so I can dump them along with ones with big gains. However, most of her stuff is dividend stocks and funds so it doe...
by sschoe2
Thu Apr 20, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Re: Moving my mother's obscure funds to Vanguard

I checked Vanguard's site. It states there is a $25 per fund administration charge for Vanguard mutual funds in a Simple Ira unless she is Voyager. Voyager is $50k Her Ira is only $45k but her taxable is $75k. Will that qualify her for Voyager if she transfers both? What about nonvanguard funds and ...
by sschoe2
Wed Apr 19, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Re: Moving my mother's obscure funds to Vanguard

Why leave the Verizon? I don't like that she has 6% of her taxable portfolio in one stock even if it is a large company that pays good dividends.
by sschoe2
Wed Apr 19, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Re: Moving my mother's obscure funds to Vanguard

Yea I have no idea how she ended up with so much REIT everywhere. I jokingly told her she was going to be a real-estate mogul like Trump. Though she took some major losses with the AWP and JPS but she made a good amount on the HCP. Still I am 36 think that is risky for her especially with the house ...
by sschoe2
Wed Apr 19, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Re: Moving my mother's obscure funds to Vanguard

The current adviser won't do anything for free. There was $14k sitting there in the IRA for months (actually not sure how long) in cash and he just finally called and sold her the VNQ and charged a $879 2.4% commission. I suspect a lot of the stuff in there was a result of commissions being offered ...
by sschoe2
Wed Apr 19, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1381

Moving my mother's obscure funds to Vanguard

I am looking to move my mother's accounts from RBC to Vanguard to simplify and reduce her risk. She has a vastly over complicated and under-performing portfolio with way too many fees. She is 73 and doesn't understand to much about investing other than she likes dividend checks. She rarely touches a...
by sschoe2
Fri Apr 07, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: VG has any funds for Frontier Markets??
Replies: 23
Views: 1765

Re: VG has any funds for Frontier Markets??

Frontier markets are very small markets. Looking at the total market cap of the MSCI indexes (from https://www.msci.com/documents/10199/4211cc4b-453d-4b0a-a6a7-51d36472a703 and https://www.msci.com/documents/10199/8920d079-db03-4998-af26-24de9d5e9a0d), developed and emerging markets add up to $46.2...
by sschoe2
Thu Apr 06, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cost basis of nontaxable distributions
Replies: 1
Views: 267

Cost basis of nontaxable distributions

Hi all I am trying to do my mother's taxes on Taxact resulting from her Chinese menu of obscure closed end mutual funds. Anyways I am stuck with nontaxable distributions. Taxact is asking me for "Adjusted basis of stock before reduction for nondividend distributions" and check if zero. I a...
by sschoe2
Sat Apr 01, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: RBC IRA to Vanguard
Replies: 7
Views: 303

Re: RBC IRA to Vanguard

She doesn't really have a relationship with her adviser or anything. My father handled investments and stuff she pretty much just kept it and didn't do much since he passed away 15 years ago. I've been taking care of her and taking care of more and more stuff for her like tax forms and such so she i...
by sschoe2
Sat Apr 01, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: RBC IRA to Vanguard
Replies: 7
Views: 303

Re: RBC IRA to Vanguard

I showed her the 10 year CAGR for each of the Gabelli funds compared to the corresponding Vanguard index fund. They each under performed the corresponding Vanguard index fund by 1-2% except for the equity which was only ~0.3% probably due to the high expense ratios.
by sschoe2
Sat Apr 01, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: RBC IRA to Vanguard
Replies: 7
Views: 303

Re: RBC IRA to Vanguard

No she is not. I have no idea how she got into RBC. She lives in the USA and has never been to Canada. I think she was with someone else and there were a series of mergers and acquisitions over the years with the holding company. Her adviser who is associated with RBC has offices in Oakbrook, IL.
by sschoe2
Sat Apr 01, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: RBC IRA to Vanguard
Replies: 7
Views: 303

RBC IRA to Vanguard

Hi all I just took a look at my mother's IRA and think she is being taken. She is with RBC and is in 3 Gabelli trust mutual funds Gabelli utility, healthcare and wellness, and equity trust all ~1.25-1.5% expense (and I really had to dig to get the expense ratio). I want to move her to Vanguard and p...
by sschoe2
Thu Mar 30, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Short term munis vs. CDs for extra cash on hand?
Replies: 7
Views: 905

Re: Short term munis vs. CDs for extra cash on hand?

I do short term corporate and just eat the tax. Short term muni yield less than my savings account 1% last I checked.
by sschoe2
Wed Mar 29, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: Toyota vs. Honda
Replies: 58
Views: 4457

Re: Toyota vs. Honda

I drive a 2009 Honda Fit and have had very few maintenance issues in the time I've owned it 92k miles. Transmission pressure sensor ($40), normal fluids and consumables. The transmission got noticeably smoother when Honda switched from ATF Z to DW-1 fluid. I had the Takata recall done on both the D...
by sschoe2
Tue Mar 28, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for late 20s couple with 100k cash
Replies: 14
Views: 1190

Re: Strategy for late 20s couple with 100k cash

I'm in a similar situation though 36. Bonds suck for the same reason cd's savings accounts and most other fixed income products suck. Interest rates are at historic lows. Normally bonds at least get 4% or so. I have fixed $50k in Vanguard short term investment grade fund. Due to rising interest rate...
by sschoe2
Mon Mar 27, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Toyota vs. Honda
Replies: 58
Views: 4457

Re: Toyota vs. Honda

I drive a 2009 Honda Fit and have had very few maintenance issues in the time I've owned it 92k miles. Transmission pressure sensor ($40), normal fluids and consumables. The transmission got noticeably smoother when Honda switched from ATF Z to DW-1 fluid. I had the Takata recall done on both the Dr...
by sschoe2
Sun Mar 26, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Help with Bond AA in Taxable
Replies: 4
Views: 416

Re: Help with Bond AA in Taxable

Given how low the yield is for short term muni's <2% I don't see the point of not just doing CD's instead. Anything long term is likely to take a hit in NAV over the next few years as interest rates rise.
by sschoe2
Sun Mar 26, 2017 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Helping parents convert savings to assets
Replies: 8
Views: 1072

Re: Helping parents convert savings to assets

Given their risk appetite the only thing I could recommend would be short term investment grade bonds like VFSTX. Yield is about 2%. I don't think it sounds like they have the tolerance even for 20-40% equities.
by sschoe2
Sat Mar 25, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Bond AA in Taxable
Replies: 4
Views: 416

Re: Help with Bond AA in Taxable

At 15% tax bracket I'd just do corporate. Due to the rising interest rate environment I only have Vanguard short term investment grade VSFTX. I am in the 25% federal bracket the higher yield of VSFTX over VWSTX, VMLTX justifies eating the tax.
by sschoe2
Thu Mar 23, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Data request: % of 401K dollars in Target Date Funds
Replies: 7
Views: 826

Re: Data request: % of 401K dollars in Target Date Funds

It's a good option. It has reasonable expenses (0,16%) A nice balance, low maintenance. I have mine in 2045. It is a great option for people who are investing laymen.
by sschoe2
Tue Mar 21, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Failing to understand taxable acct strat
Replies: 16
Views: 1833

Re: Failing to understand taxable acct strat

Taxable accounts should contain stocks and tax exempt bonds ie munie bonds if you are in the 25% or greater tax bracket. Reit's precious metals, corporate bonds and other investment vehicles that are fully taxed should be put in a 401k or IRA. My taxable portfolio is 60% Total stock index 20% tax ma...
by sschoe2
Tue Mar 21, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Horrible 401K Fund Choices--Direct transfer to IRA questions
Replies: 7
Views: 434

Re: Horrible 401K Fund Choices--Direct transfer to IRA questions

Best bet would probably be not to roll over the 401k from his previous company, invest in one of the index fund just enough to get the match, and start his own IRA and taxable account. Otherwise find out who is on the new employer's 401k board and start lobbying them to switch.
by sschoe2
Mon Mar 20, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 1673

Re: bad 401k options at new job

I agree with everyone else. Put the minimum in to get the match using the 500 index fund. Then setup your own IRA. I'd also strongly lobby your employer to find a different provider.
by sschoe2
Fri Mar 17, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: suggestions for short term bond fund
Replies: 4
Views: 473

Re: suggestions for short term bond fund

VBIRX is yielding ~1.5%. For that little you might as well do CD's. I get 1% on my savings account.
by sschoe2
Thu Mar 16, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market vs S&P 500 and Small-Cap Funds?
Replies: 12
Views: 1428

Re: Total Stock Market vs S&P 500 and Small-Cap Funds?

That is kind of what I am doing in taxable (age 36). My 401k is in Target 2045 because it is managed by Well's Fargo and I don't have as many options for individual funds. I just started a taxable this year and the allocations are 60% VTSAX Total Stock Market 20% VTIAX Total International (I am begr...
by sschoe2
Mon Mar 13, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Investing when market is peaking
Replies: 49
Views: 5483

Re: Investing when market is peaking

Dave Ramsey although his investing advice is rather controversial to say the least made a good point. Even if you put all your money into the market at the worst possible time like right before the 2008 crash and right before the previous one you'd still have had very good overall returns if you hel...
by sschoe2
Fri Mar 10, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: When/if municipal bonds will default, do municipalities try to delay as long as possible?
Replies: 4
Views: 460

Re: When/if municipal bonds default, do municipalities try to hide it as long as possible?

I think it just happens all of the sudden you hear about them going through the process on the news. I think this is a very real possibility with many municipalities in Illinois especially Chicago Public Schools. I have no idea what the state govt is going to do since technically they aren't allowed...
by sschoe2
Thu Mar 09, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my Taxable porfolio
Replies: 3
Views: 337

Re: Critique my Taxable porfolio

That's why I pick VWIUX it is tax exempt and Illinois is only 3.75% flat though that might be going up. VWLTX is long term tax exempt. Aren't long term bonds even more vulnerable to rising interest?
by sschoe2
Thu Mar 09, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my Taxable porfolio
Replies: 3
Views: 337

Critique my Taxable porfolio

Situation. I am in the process of building a taxable portfolio at Vanguard. I recently opened an account at Vanguard and put in $38k. I have $200k in savings at 1%. I am 36 years old. $82k salary so 25% bracket. 401k managed by Well's Fargo 15%+4% match traditional I have it in Vanguard Target 2045 ...

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