Search found 6062 matches

by tibbitts
Tue Apr 26, 2016 8:14 pm
Forum: Investing - Theory, News & General
Topic: "For bondholders, rising interest rates can have an upside"
Replies: 25
Views: 2692

Re: "For bondholders, rising interest rates can have an upside"

Good timing for me. I spoke with a financial advisor and he said absolutely do not put money into bonds right now with the interest rates so low. He said it would be better (assuming i was willing to risk it) to put it all in index funds for the time being and wait until bonds are better; he also s...
by tibbitts
Sun Apr 24, 2016 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for post retirement career
Replies: 53
Views: 2572

Re: Advice for post retirement career

Agree more details needed. Why is the pension modest after 30 years? This is bogleheads, where people wonder if they'll ever be able to retire when they're only saving $150k/yr from their $350k/yr salary. Most people here have a... different... idea of modest. My pension will be about $9k-12k/yr de...
by tibbitts
Sat Apr 16, 2016 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! HR Doesn't Believe in Index Funds for 401k
Replies: 64
Views: 5074

Re: HELP! HR Doesn't Believe in Index Funds for 401k

Well, if you have no other fees and you can get an index fund for .35%, that's a pretty good option. WB fans will be along any minute now to tell you that that and a cash-equivalent are all you need, and while not Vanguard-like, you have to remember that some of us pay separate fees for our employer...
by tibbitts
Sat Apr 16, 2016 10:29 am
Forum: Investing - Theory, News & General
Topic: Everyone Worries Too Much About 'Black Swans'
Replies: 39
Views: 3730

Re: Everyone Worries Too Much About 'Black Swans'

Quark, I'm a young guy who is 100% invested in the stock market. (I'm 22 years old with a 70/80 year time horizon) & have run numerous back test's on this. In my case it is better for me to be 100% invested in the stock market & use any black swans as a opportunity to buy more stocks that a...
by tibbitts
Fri Apr 15, 2016 7:25 pm
Forum: Investing - Theory, News & General
Topic: Whats with the hedge fund hating?
Replies: 60
Views: 4104

Re: Whats with the hedge fund hating?

Some funds and managers have found the secret sauce. Some get lucky. Some let their egos in the way. Bottom line, some funds print money others do not. Find the good ones and I don't see a problem. I'd rather pay the 2/20 management fee on 20% returns than .05% on 6% or lover. I've been around the ...
by tibbitts
Mon Apr 04, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "Your 2014 1099-DIV has been amended"
Replies: 13
Views: 1759

Re: Vanguard "Your 2014 1099-DIV has been amended"

Were these errors regarding VG investments (funds, etfs) held in VG brokerage accounts, or some other types of investments?
by tibbitts
Mon Apr 04, 2016 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Couple needs some good advice from Bogleheads
Replies: 30
Views: 2794

Re: Couple needs some good advice from Bogleheads

HelmholtzMond3 wrote:I've been hesitant to invest in equities over the last couple of years given where we are in the economic cycle.

I stopped reading at that point. You have no idea where we are in terms of economic cycle. None of the rest of us do either.
by tibbitts
Sun Apr 03, 2016 4:58 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2108

Re: T. Rowe Price Active Management Betters Benchmarks

Dodge and Cox appears to be #4, is that right? I have also used them. Some time ago, I kind of settled on restricting ourselves to considering funds only from Vanguard, T. Rowe, and Dodge and Cox. We actually originally started with T. Rowe Price on our own long before my wife had the job with the ...
by tibbitts
Sun Apr 03, 2016 4:56 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2108

Re: T. Rowe Price Active Management Betters Benchmarks

My husband has a rollover IRA with T.Rowe Price and has their Capital Appreciation Fund [PRWCX], Blue Chip Growth [TRBCX] and Health Sciences [PRHSX]. They give him wonderful customer service (he is - by his own definition - a "happily clueless investor"). T.Rowe does odd things with thei...
by tibbitts
Sun Apr 03, 2016 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: I buy $275 of stock 2x / week. Is such frequent buying bad?
Replies: 18
Views: 1824

Re: I buy $275 of stock 2x / week. Is such frequent buying bad?

If after two years you sell the entire holding you have 208 separate tax lots to report on your tax return. After ten years you have 1,040 tax lots. You're creating a record keeping nightmare. Also, you're adding to the expenses of the fund for the rest of us. :( Gill Can't you just do "variou...
by tibbitts
Sun Apr 03, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: I buy $275 of stock 2x / week. Is such frequent buying bad?
Replies: 18
Views: 1824

Re: I buy $275 of stock 2x / week. Is such frequent buying bad?

On Monday and Wednesday of each week, I purchase $275 of an 80/20 Vanguard index fund (VASGX) in my taxable account (EF, IRA, 401k already maxed). Is there any downside to this frequent investment strategy vs. doing an equivalent lump sum once a month or once a year? I admit that the main reason I ...
by tibbitts
Sun Apr 03, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2108

Re: T. Rowe Price Active Management Betters Benchmarks

Dodge and Cox appears to be #4, is that right? I have also used them. Some time ago, I kind of settled on restricting ourselves to considering funds only from Vanguard, T. Rowe, and Dodge and Cox. We actually originally started with T. Rowe Price on our own long before my wife had the job with the ...
by tibbitts
Sun Apr 03, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Auto collision, best way to claim
Replies: 25
Views: 1310

Re: Auto collinsion, best way to claim

I'd be really concerned about the diminished value. No reputable car dealer will touch a car with frame damage, especially if it shows on a carfax, unless they are getting it for absolutely dirt cheap and can send it straight to the auction and turn a profit. It will end up on a "buy here pay ...
by tibbitts
Sat Apr 02, 2016 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 1828

Re: Changing careers (becoming real estate agent)

I haven't been involved in RE at all, but I have been involved in a position where you might get a handful of opportunities to make money in a year. Your scheduling is theoretically flexible, but actually not at all. Writing and music is fine but those activities will have to fit around RE. So if yo...
by tibbitts
Sat Apr 02, 2016 4:41 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 1828

Re: Changing careers (becoming real estate agent)

You have to be the one with the flexible schedule. If you're planning dinner in 20 minutes and your client calls and wants to put an offer in now, you either take care of the client and work towards that commission or you eat your dinner and put it off.....potentially leaving the client to call som...
by tibbitts
Fri Apr 01, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: pulling the trigger
Replies: 28
Views: 2934

Re: pulling the trigger

Thanks to all who replied. The one answer I sort-of expected to see, but did not, is: "If you have good companies that pay a dividend, and your yield is high because you bought them and have held them for many years, just hang on to them". While it is true that even Dow stocks could go ou...
by tibbitts
Thu Mar 31, 2016 8:26 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price Active Management Betters Benchmarks
Replies: 24
Views: 2108

Re: T. Rowe Price Active Management Betters Benchmarks

Interesting 20-year retrospective published here: T. Rowe Price Approach to Active Management It seems T Rowe's moderate ERs are worth it, or is there more to this? The page contains links to the highlights, and the full report. Around 2000, maybe the late 1990s, I worked for a short time where I h...
by tibbitts
Thu Mar 31, 2016 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Photography business early stage, tax and other
Replies: 16
Views: 951

Re: Photography business early stage, tax and other

Wife loves event photography and wondering if it makes sense to start business around that. Initially there will be negligible income but majority of expenses like supplies, software , lences etc. till she establishes the business SO I have few questions around that. 1. We do married filing jointly...
by tibbitts
Sun Mar 27, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons for =>80% stocks at =>40 y/o
Replies: 56
Views: 4359

Re: Reasons for =>80% stocks at =>40 y/o

I am early 40s with about 70-75% stocks but would like to drift to about 80%. I have no debt, fairly stable career MD at 33% bracket, large emergency fund, max all tax deferred accounts, back door roths, 529s. I don't like bonds right now for their low returns. I think I have a pretty good risk tol...
by tibbitts
Sat Mar 26, 2016 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 17
Views: 2099

Re: Dividends

These should get you the most income and avoid capital loss in a "financial crisis" or at least continue income payments during such. VCIT Interm-Term Corporate Bond ETF VYM High Div Yield Index ETF VPU Utilities ETF VNQ REIT ETF An allocation to TSM or the 500 will allow qualified divide...
by tibbitts
Sat Mar 26, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How do billionaires invest?
Replies: 50
Views: 6309

Re: How do billionaires invest?

I am curious about what net worth point people should invest differently than "standard Boglehead" investing. $1Million? $5Million? $10Million $25Million? $100Million? $500Million? Sooner than later. A mindset rather than a dollar amount. Put the 5th piece in place at less that $1mil reti...
by tibbitts
Sat Mar 26, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 17
Views: 2099

Re: Dividends

I'm recently retired and have a mixed bag of ETFs; all over the board. I'm interested in concentrating more into dividend paying ETFs or mutual funds and/or go into a "lazy" portfolio of Vanguard 3 or 4 funds. Middle of the road risk level OK. Comments appreciated. You came to the wrong p...
by tibbitts
Fri Mar 25, 2016 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: When to take time off to travel
Replies: 28
Views: 2290

Re: When to take time off to travel

I decided to retire in July because that meant that the 18 months of Cobra health insurance would cover me for the rest of that year and all of the next year. It would also end in December so that I would have the open ACA enrollment period to get insurance that started that January. The end of Cob...
by tibbitts
Wed Mar 23, 2016 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Completely new to investing. I have no accounts
Replies: 26
Views: 2178

Re: How to open my first account

Give Vanguard a Call :happy https://personal.vanguard.com/us/openaccount?CompLocation=GlobalHeader&Component=OpenAccount Vanguard will not be helpful regarding a question like this unless the OP pays for advisory services. It's way beyond what the phone reps are able to deal with. They can help...
by tibbitts
Fri Mar 18, 2016 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: VGHAX (Vanguard Health)....whats up with that?
Replies: 16
Views: 2371

Re: VGHAX (Vanguard Health)....whats up with that?

Healthcare stocks in general have done really well the last 5+ years so having a sector go down 20% is not a big deal. The fund is still in the top quartile, according to M*. So is not a "Vanguard" problem. Maybe you can't take the volatile of a sector fund? Of course I can 'take it' but ...
by tibbitts
Thu Mar 17, 2016 7:51 am
Forum: Personal Consumer Issues
Topic: Should I have my kids participate in school fundraisers?
Replies: 78
Views: 4978

Re: Should I have my kids participate in school fundraisers?

When I was in school, we had bake sales. Parents and kids make cookies and donated them, and they were sold and the money went to field trips and such. I don't have a problem with that, or car washes, or something where the money actually goes to benefit the kids. It even worked that way when I was...
by tibbitts
Sun Mar 13, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: How can I help my little kids earn a little money?
Replies: 11
Views: 1283

Re: How can I help my little kids earn a little money?

The extra chores are things I would otherwise do such as wash my car or vacuum the main living area etc. The key for our house is having things they must do first for being part of the family and then there are earning opportunities after that. +1. Also, when our kids were that age, we had a garage...
by tibbitts
Sat Mar 12, 2016 8:37 am
Forum: Investing - Theory, News & General
Topic: Is a 25% price decline for US stocks possible?
Replies: 25
Views: 3891

Re: Is a 25% price decline for US stocks possible?

I am just curious on why would you think price stays down in Japan but not in the US? I am just curious on your trend of thoughts behind that. Thanks Japan is much more crowded than the US, limiting growth overall. Also the population is considerably older than the US, with the active workforce dec...
by tibbitts
Fri Mar 11, 2016 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer IRA from T. Rowe Price to tiaa-cref?
Replies: 7
Views: 603

Re: Transfer IRA from T. Rowe Price to tiaa-cref?

What is a "teacher retirement IRA" and how are you getting a "special ER" in an IRA at TIAA?
by tibbitts
Thu Mar 10, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Advice
Replies: 41
Views: 4488

Re: Layoff Advice

My advice is to not start thinking about it until it happens. You really don't know yet whether there will be layoffs, and if there are, that you'll be affected. This presumes no personal information on your employer's computers and phones. If one had mixed any personal and business stuff, then I w...
by tibbitts
Thu Mar 10, 2016 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Layoff Advice
Replies: 41
Views: 4488

Re: Layoff Advice

My advice is to not start thinking about it until it happens. You really don't know yet whether there will be layoffs, and if there are, that you'll be affected. This presumes no personal information on your employer's computers and phones. If one had mixed any personal and business stuff, then I w...
by tibbitts
Wed Mar 09, 2016 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Advice
Replies: 41
Views: 4488

Re: Layoff Advice

My advice is to not start thinking about it until it happens. You really don't know yet whether there will be layoffs, and if there are, that you'll be affected.
by tibbitts
Wed Mar 09, 2016 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Mom needs long term care - assets into trust?
Replies: 22
Views: 2185

Re: Mom needs long term care - assets into trust?

To critics of Medicaid planning: Should one be drained of lifetime of savings merely for BAD LUCK? LTC is not an option and is very expensive. It's not a Florida vacation at the taxpayer's expense. Why is LTCI not an option (generally, not in this case)? Is it reasonable to say that someone who's l...
by tibbitts
Wed Mar 09, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you find retirement forecasting confusing?
Replies: 51
Views: 4573

Re: Confusing, you bet. This is 'Murica.

It is confusing. If you are married and both of you have good earnings, then Social Security will provide $70K annually. All the numbers I see for someone with what most people (at least outside of Bogleheads) would consider "good earnings" over a full 35-year career suggest more like $20...
by tibbitts
Tue Mar 08, 2016 9:21 pm
Forum: Personal Consumer Issues
Topic: thinking of buying a car-Taylor
Replies: 7
Views: 1112

Re: thinking of buying a car-Taylor

Didn't the 318 go away a long, long time ago? Both the A and LA versions? But on a more general note, I don't think most people would buy a truck for comfort. I've owned a relatively modern-generation GM truck, and although it had optional "captains chairs" that were nice, there was no com...
by tibbitts
Tue Mar 08, 2016 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do you find retirement forecasting confusing?
Replies: 51
Views: 4573

Re: Confusing, you bet. This is 'Murica.

It is confusing. If you are married and both of you have good earnings, then Social Security will provide $70K annually. All the numbers I see for someone with what most people (at least outside of Bogleheads) would consider "good earnings" over a full 35-year career suggest more like $20...
by tibbitts
Sat Mar 05, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Cash back credit cards
Replies: 10
Views: 866

Re: Cash back credit cards

Why not just get the citi 2% doublecash card?
by tibbitts
Fri Mar 04, 2016 7:45 pm
Forum: Personal Consumer Issues
Topic: housing: am I just being too picky?
Replies: 60
Views: 6359

Re: housing: am I just being too picky?

That would be a really tough find in Miami and of the better neighborhoods that would support residences with 4 bedrooms + an office and pool + yard space and 3000 sq feet + most generally don't allow an RV outside. I've seen a couple of RV or large boat garages built into homes but it's really jus...
by tibbitts
Tue Mar 01, 2016 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Buy A Rental Condo for Mother In Law ?
Replies: 31
Views: 2513

Re: Buy A Rental Condo for Mother In Law ?

Not crazy but consider her health and whether she is likely to be able to continue living independently for the foreseeable future. Of course there is no certain answer to that but what's the plan for when she can't get by on her own? I was very fortunate with my mother in that she was at least fair...
by tibbitts
Mon Feb 29, 2016 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's Vanguard Annuity expired - Big Taxes
Replies: 24
Views: 2981

Re: Mom's Vanguard Annuity expired - Big Taxes

I've had a Vanguard Variable Annuity for many years and I've never heard of it "expiring". Did your mom reached the age at which she had to annuitize or choose another option and she chose to cash it in? In my annuity that age is 92. Could that be what you mean? If so perhaps you might be...
by tibbitts
Sun Feb 28, 2016 7:36 pm
Forum: Investing - Theory, News & General
Topic: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?
Replies: 10
Views: 698

Re: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?

The State of North Carolina has made a defined benefit commitment to its employees. To maintain that defined benefit commitment it will need to make up any shortfall from the pension plan with additional taxation. So moving to a more efficient pension plan means that taxes can be cut, taxes will ri...
by tibbitts
Sun Feb 28, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?
Replies: 10
Views: 698

Re: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?

Give individuals a choice. Managed or Index :happy That is happening in some states, but it also means losing the defined benefit plan in return for a defined contribution plan. I don't think most individuals who'd be personally affected would prefer having that choice, because it wouldn't be "...
by tibbitts
Sun Feb 28, 2016 9:16 am
Forum: Investing - Theory, News & General
Topic: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?
Replies: 10
Views: 698

Re: Should the Equities in the North Carolina State Employees’ Pension Fund be Indexed or Actively Managed?

Here is an assessment of whether there would be gains from replacing the equity investment strategy of the North Carolina state employees pension fund with Vanguard index funds. This came out of a talk to the local research triangle Bogleheads group by an advocate of indexing the pension fund. I wa...
by tibbitts
Sun Feb 28, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Should I convert Non-Deductible Trad. IRA balance to a Roth?
Replies: 5
Views: 348

Re: Should I convert Non-Deductible Trad. IRA balance to a Roth?

I view this as a "pay taxes now/pay taxes later" question. I view is more as a huge opportunity to reduce the hassle of having non-deductible contributions hanging over your head. Something like 1% of all my IRAs are non-deductible contributions, and there's no way I'm ever getting out fr...
by tibbitts
Sun Feb 28, 2016 8:06 am
Forum: Personal Consumer Issues
Topic: Is Working from Home the New Normal?
Replies: 57
Views: 5447

Re: Is Working from Home the New Normal?

OK, I was a bit of a dinosaur. Get up in the morning, shower, shave, get dressed, and commute. End of the day, grab a cocktail, commute, eat dinner. All those years, I wondered how much time we wasted. Is working from home not only the "new normal" but also a productivity boost? My wife w...
by tibbitts
Sat Feb 27, 2016 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: 300 dollars for Chase savings offer
Replies: 35
Views: 4255

Re: 300 dollars for Chase savings offer

Now they are offering 300 dollars for opening a savings account and keeping 15k in the account for 90 days. Bonus deposited within 10 days. This is tempting for .5 hour of work for me. Would be less if I could avoid visiting the branch. Is there a fee for closing the account after 90'days? Do you h...
by tibbitts
Sat Feb 27, 2016 8:38 am
Forum: Personal Consumer Issues
Topic: Time To Quit My Job?
Replies: 53
Views: 4701

Re: Time To Quit My Job?

At 24, I wouldn't pass up this kind of income for this much work. Imagine if you were working only 40 hours a week and working on a Master's or Doctorate, too. It would be much more than what you're working now. Have you tried to ask the company you work for to reduce some of your travel time? How ...
by tibbitts
Fri Feb 26, 2016 8:23 am
Forum: Personal Consumer Issues
Topic: Winter Tire Tips
Replies: 30
Views: 1952

Re: Winter Tire Tips

Do you do them or do you have a shop do them? If you do them, invest in a cordless impact gun. It is a real gift from the heavens for changing wheels. I haven't ever used winter tires, all seasons have always been fine in negotiating the snow with the wife's AWD vehicle as a backup. But if I were t...
by tibbitts
Fri Feb 26, 2016 8:18 am
Forum: Personal Finance (Not Investing)
Topic: 300 dollars for Chase savings offer
Replies: 35
Views: 4255

Re: 300 dollars for Chase savings offer

Now they are offering 300 dollars for opening a savings account and keeping 15k in the account for 90 days. Bonus deposited within 10 days. This is tempting for .5 hour of work for me. Would be less if I could avoid visiting the branch. Is there a fee for closing the account after 90'days? Do you h...

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