Search found 6640 matches

by tibbitts
Wed Jul 26, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 11
Views: 1155

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Are those funds will replace existing or they are addition? Not clear why create 2 new funds with more international exposure, why not add more international to existing? You've been reading this forum and ask that? The "never international" contingent would have have something to say abo...
by tibbitts
Wed Jul 26, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: GF Picking a college major
Replies: 44
Views: 1136

Re: GF Picking a college major

What's a useless major? I know people with BAs in anthropology, English, history, and sociology who work for McKinsey, investment banks, big world-transforming foundations, and more. I am certain you mean well but I read this as someone who is trying to put his girlfriend into a well-defined box ra...
by tibbitts
Wed Jul 26, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: The argument for international funds?
Replies: 7
Views: 297

Re: The argument for international funds?

Not to shoot down your question but in your own question you state: "I've read many articles on this and other research and have heard the range of opinions all over the board From a 50/50 international AA to an opinion that international markets are adequately covered in a total market index ...
by tibbitts
Wed Jul 26, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: GF Picking a college major
Replies: 44
Views: 1136

Re: GF Picking a college major

Geez, you guys make it seem like everybody should know what they want to do for the rest of their life before they enter college. She's just a college sophomore. I'd encourage her to take a variety of courses to see what she enjoys and then take it from there. I went to a top school and hardly anyb...
by tibbitts
Sun Jul 23, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 807

Re: Any contractors who get benefits?

Is it possible to have a SEP IRA, along with an individual IRA and a Roth? Yes. The 401k may give you higher contribution limits vs. SEP in exchange for potentially somewhat more complexity. You can also look at different tax treatments for you business that also could potentially reduce or at leas...
by tibbitts
Sun Jul 23, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Any way to avoid capital gains tax (from K-1) using married filing separately?
Replies: 21
Views: 1048

Re: Any way to avoid capital gains tax (from K-1) using married filing separately?

I'm very impressed by the sophistication of replies in this thread, but more impressed by the need to keep finances simple so as to not pass on a mess.
by tibbitts
Sun Jul 23, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: 4-6% a year
Replies: 26
Views: 4756

Re: 4-6% a year

They should consider a single premium annuity (SPIA). Almost certainly a better option than a high risk bond fund. https://www.bogleheads.org/wiki/Immediate_fixed_annuity That's an excellent idea - possibly an inflation-adjusted one - but obviously involves giving up the money, if the parents are o...
by tibbitts
Sun Jul 23, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: VCIT Year to Date growth? Exactly how is it calculated
Replies: 12
Views: 436

Re: VCIT Year to Date growth? Exactly how is it calculated

Sorry if this dumb question but when I look up VCIT on morningstar I see that it says the NAV is up 3.49% Year to date. When I look at the closing price on Dec 30 2016 I see a value of 85.7 $/share.. and the closing price on Friday July 20th was 88.02. When I divide those two values I get 1.0270711...
by tibbitts
Sun Jul 23, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: How much electricity are you using and how expensive it is?
Replies: 93
Views: 3954

Re: How much electricity are you using and how expensive it is?

I am currently paying about $400 a month for electricity in Pennsylvania. No natural gas is available at my location so heating/cooling is included. I am currently using about 3300 kWh per month which is three times the national average. Average price is $0.106 per kwh. Our furnace/ac system is bra...
by tibbitts
Sun Jul 23, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Would you chase down this possible hit and run lead?
Replies: 31
Views: 2735

Re: Would you chase down this possible hit and run lead?

Let your insurance deal with it, and if you are subject to a deductable that is higher than the damage, then deal with it out of pocket. +1 Isn't that why you have an insurance company? They are more efficient at pursuing this possible claim than you are. I don't believe the insurance company would...
by tibbitts
Sun Jul 23, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 4-6% a year
Replies: 26
Views: 4756

Re: 4-6% a year

Hello, My parents are about to sell their house and downsize. The remaining cash - anything between 50-150K they would like to invest in a separate rental property to achieve the above ROI. They are honestly just looking for an additional 500-1000 USD a month if possible. Isn't there any REIT ETF o...
by tibbitts
Sat Jul 22, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 807

Re: Any contractors who get benefits?

I am wondering if anyone here works contract, who also receives some benefits from the employer they contract with? I do some contract work for a business for over 2 years now and wonder if it would be possible to enroll in any 401K program they have, even though I do contract work. I'd rather find...
by tibbitts
Sat Jul 22, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: if spreadsheet with account balances goes to hackers?
Replies: 11
Views: 1012

Re: if spreadsheet with account balances goes to hackers?

My first comment is that part of the issue here is that google storage encryption is absolutely too clunky and complicated. Ugh. But I don't think the information would be particularly valuable to anyone. We have to remember that not long ago we were all getting this (along with account numbers!) se...
by tibbitts
Sat Jul 22, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: should my 22 yr old son have my power of attorney
Replies: 13
Views: 1456

Re: should my 22 yr old son have my power of attorney

Nobody can answer this because relationships with siblings - and children - can be all over the map so nothing we say without truly understanding that would matter.
by tibbitts
Sat Jul 22, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: Fraud???
Replies: 15
Views: 2546

Re: Fraud???

I don't think I'd worry about it too much, but yes I absolutely agree VG and other financial businesses should have a staff specifically able to address fraud 24/7/365. Even for another .001% expenses or whatever.
by tibbitts
Sat Jul 22, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: When doing retirement planning, do you count your spouse's savings?
Replies: 28
Views: 2230

Re: When doing retirement planning, do you count your spouse's savings?

Here's a newbie question.... When doing retirement income planning (I'm 37) , do I also add my wife's retirement savings to my calculations ? Do I plan retirement in terms of a couple or a single person ? In other words, right now I make 150k/yr but I think my wife and I can live off of 60-70% of t...
by tibbitts
Sat Jul 22, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 7546

Re: Can anyone convince me I need international stock in my portfolio?

The thing that bothers me about ex-US is the poor performance this century. It hasn't returned much since 2000. Lots of volatility for not much return over such a long period of time. Still, P/E is high which makes me skeptical that returns will suddenly increase radically and compensate for this l...
by tibbitts
Sat Jul 22, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard VTINX [Target Retirement Income Fund]
Replies: 8
Views: 787

Re: Vanguard VTINX

My target retirement 2010 fund recently reached end of life and was exchanged into VTINX (target retirement income fund). Has anyone gone thru this with an older target date fund? If yes, what has your experience been with the income fund? There isn't that much difference between what was the 2010 ...
by tibbitts
Sat Jul 22, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard VTINX [Target Retirement Income Fund]
Replies: 8
Views: 787

Re: Vanguard VTINX

I would think that you made it to retirement. Now time to live off the income you get from the Vanguard Fund. I believe it it uses the 4% rule. I think that is the goal. If you don't need the imcome then you can change into another Target Fund for when you do need the income. I would think dependin...
by tibbitts
Sat Jul 22, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone set portfolio goals and rewards?
Replies: 35
Views: 2074

Re: Does anyone set portfolio goals and rewards?

I'd never heard the term powered paragliding, but I think that's more something people would do when their portfolio tanks and they want to try to kill themselves. Kind of the modern version of jumping out a window, but with some possibility of survival.
by tibbitts
Fri Jul 21, 2017 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Minimum amount for closed Vanguard Admiral funds?
Replies: 10
Views: 1089

Re: Minimum amount for closed Vanguard Admiral funds?

Well as of May Vanguard said: You qualify for Admiral Shares if you invest: $10,000 or more in a Vanguard index fund that offers Admiral Shares (the minimum for certain sector index funds and tax-managed funds is $100,000). $50,000 or more in a Vanguard actively managed fund that offers Admiral Sha...
by tibbitts
Fri Jul 21, 2017 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Minimum amount for closed Vanguard Admiral funds?
Replies: 10
Views: 1089

Re: Minimum amount for closed Vanguard Admiral funds?

Well as of May Vanguard said: You qualify for Admiral Shares if you invest: $10,000 or more in a Vanguard index fund that offers Admiral Shares (the minimum for certain sector index funds and tax-managed funds is $100,000). $50,000 or more in a Vanguard actively managed fund that offers Admiral Shar...
by tibbitts
Fri Jul 21, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Minimum amount for closed Vanguard Admiral funds?
Replies: 10
Views: 1089

Re: Minimum amount for closed Vanguard Admiral funds?

There are some funds such as Capital Opportunity (VHCOX; VHCAX) that are closed, but have both Investor and Admiral shares. I've been trying to find the minimum needed for the Admiral share class, but everywhere I've looked, it shows "N/A", presumably because it's "closed". But ...
by tibbitts
Fri Jul 21, 2017 7:48 am
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 38
Views: 3244

Re: Can real estate investing be relatively "hands off"?

abuss368 wrote:David Swensen presented a very strong option for real estate in an investment portfolio in his excellent book "Unconventional Success".

And that option was...??? In terms of options for the retail investor, obviously, not a pension fund.
by tibbitts
Tue Jul 18, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5630

Re: Investment advice for $4 million - can I do all stocks?

I think there should be an asterisk when it comes to getting money through windfall. Then it depends if you "earned it", i.e. selling a business or just had money fall in your lap, i.e. lottery, inheritance, life insurance policy, divorce, etc... I think there is a difference. In either s...
by tibbitts
Tue Jul 18, 2017 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Do you guys accept first Job offer or negotiate?
Replies: 26
Views: 1806

Re: Do you guys accept first Job offer or negotiate?

Remember that you're seeing survivorship bias at its best on Bogleheads. The people who asked for more and had that offer pulled, then spent the rest of their careers flipping burgers, aren't here to tell you about it. I'm not saying don't try to negotiate, just telling you that you're not getting r...
by tibbitts
Tue Jul 18, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Question on When to Take Social Security
Replies: 14
Views: 1256

Re: Question on When to Take Social Security

In keeping with the Boglehead theme of not speculating on future changes in the law, it seems to me taht calculations should be based on current law and best estimates, which means a benefit reduction when the trust fund runs out. All the calculators should give users a choice of applying the best e...
by tibbitts
Mon Jul 17, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

Cash have a chance worth even remotely considering of outperforming stocks over a longer period than an investor's lifetime? You lost me there. Yes, I believe it's entirely possible that cash or bonds or real estate or any number of other assets will outperform equities over an investor's lifetime....
by tibbitts
Sun Jul 16, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

More important than asset allocation was lifelong living below my means. I certainly agree that living below one's means is the absolute most important factor. If a person does not live below their means, then AA is totally irrelevant as there is no "extra" money to invest. That said, for...
by tibbitts
Sun Jul 16, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

I'm pretty sure Bogle is wealthy, too. Better ignore his advice as well. Poor people know more about managing money than the wealthy? :shock: That seems to be the consensus, no? I see a lot of people in this thread saying "Buffet's wife can stand to lose her 90% in stocks. If you can't, don't ...
by tibbitts
Sun Jul 16, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Cheap source for basic will
Replies: 34
Views: 2157

Re: Cheap source for basic will

I hear what you guys are saying regarding going with a professional, but so often it's hard to find good people. I could see paying ten or a hundred times as much for an estate attorney only to get essentially the same product, or a different product but with just as many inadequacies. If you want ...
by tibbitts
Sun Jul 16, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Is the Total US Stock Market too concentrated?
Replies: 51
Views: 3752

Re: Is the Total US Stock Market too concentrated?

This might leave an investor who invests in 100% US stocks exposed to certain sectors and not adequately diversified. Could you explain this a bit more? What sectors do you think are being under weighted? Here is my take. For the past 20 to 30 years the market has undergone a structural change. It ...
by tibbitts
Sun Jul 16, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

I'm pretty sure Bogle is wealthy, too. Better ignore his advice as well. Poor people know more about managing money than the wealthy? :shock: Well, it's not about "poor" people, but wasn't Buffett's advice very specifically directed at his wife's account, which would mean it was not only ...
by tibbitts
Sun Jul 16, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Taxes Due When Converting International to US Stock Fund?
Replies: 13
Views: 873

Re: Taxes Due When Converting International to US Stock Fund?

Don't forget state income tax if any, which may not have any special considerations for capital gains vs. ordinary income.
by tibbitts
Sat Jul 15, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from TRP healthcare to Vanguard healthcare we
Replies: 6
Views: 448

Re: Moving from TRP healthcare to Vanguard healthcare we

I don't' follow the TRP fund any longer but at least at one time it contained much different securities than the Vanguard fund. You really have to look beyond the name of (especially) a managed fund to compare it to another one. Not saying one fund is or will be superior to the other, just that you ...
by tibbitts
Sat Jul 15, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Cheap source for basic will
Replies: 34
Views: 2157

Re: Cheap source for basic will

I second recommend Nolo. I used their online Willmaker software to make a credible, legal, perfectly sufficient will to define guardianship, choose an executor, and make a simple disposition of assets. I am constantly surprised that a website chock full of DIY investors that manage their own thousa...
by tibbitts
Sat Jul 15, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Upcoming Marriott Stay
Replies: 13
Views: 1559

Re: Upcoming Marriott Stay

To be fair, $200/night in a nice hotel in a downtown metropolitan area seems like a pretty good rate. Plus, as a gold member I would think you should have access to whatever "executive" room they have that probably includes free breakfast and other snacks during the day which can be a pre...
by tibbitts
Sat Jul 15, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: What am I missing here? [I'm a bachelor]
Replies: 51
Views: 3180

Re: What am I missing here? [I'm a bachelor]

at the end of 30 years you have a large asset. also you control the cost of your "rent" those are the missed factors, but there are benefits to renting. Like no yard maintenance :D In my neighborhood most renters are responsible for the yard maintenance - no difference from owning the home.
by tibbitts
Sat Jul 15, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: What am I missing here? [I'm a bachelor]
Replies: 51
Views: 3180

Re: What am I missing here? [I'm a bachelor]

Looked at a house today, $240,000 with a 30 year fixed at 3.75% APR I will pay $270,000 in interest/$510,000 total principle+interest at the end of the 30 years. Add in all the home maintenance, and the taxes. This is why I rent. I have no kids, no wife. Don't need it. The white picket fence Americ...
by tibbitts
Sat Jul 15, 2017 8:41 am
Forum: Investing - Theory, News & General
Topic: Is now time to move into international stocks?
Replies: 47
Views: 4637

Re: Is now time to move into international stocks?

Well if it's time now, it was a better time a while back before international had a big run and everybody else noticed. Whether it will continue, nobody knows.
by tibbitts
Sat Jul 15, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1626

Re: Best way to build wealth

Nobody knows what a $30k budget means - is that gross income, net expenditures, available for investing, etc?

But in general the best way to build wealth is some combination of skill, hard work, and luck.
by tibbitts
Sat Jul 15, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: If i turn off central AC will it damage drywalls?
Replies: 38
Views: 3296

Re: If i turn off central AC will it damage drywalls?

My central air is never set above 74 degrees (F). Normally it's at 72. I don't like to sweat. Nah, don't be cheap and turn if off when you're away. I would never abuse my house like that. I leave my condo in FL at 77 when I'm gone, and here in OK at 78 during the day. But 78 at the thermostat here ...
by tibbitts
Sat Jul 15, 2017 12:06 am
Forum: Personal Consumer Issues
Topic: If i turn off central AC will it damage drywalls?
Replies: 38
Views: 3296

Re: If i turn off central AC will it damage drywalls?

My central air is never set above 74 degrees (F). Normally it's at 72. I don't like to sweat. Nah, don't be cheap and turn if off when you're away. I would never abuse my house like that. I leave my condo in FL at 77 when I'm gone, and here in OK at 78 during the day. But 78 at the thermostat here ...
by tibbitts
Fri Jul 14, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?
Replies: 14
Views: 928

Re: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?

Generally, the decision should be between a sole proprietorship and an S-Corp. An LLC for someone providing professional services is seldom the best choice. This should be amended to read an LLC that has not elected to be taxed as a corporation. An LLC can choose to be taxed as a C-corporation or S...
by tibbitts
Fri Jul 14, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

Here's my Buffett answer. Warren is one of the most successful investors of all time and 2nd richest man on the planet. If you believe in him, commit to his plan. :D Yes but you have to commit to the entire plan. First, earn billions of dollars. Then, invest at 90/10. If I'd accomplished part one, ...
by tibbitts
Fri Jul 14, 2017 7:51 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 156
Views: 15361

Re: How are folks handling the unprecedented rise in the market ?

Unprecedented in the sense that the political environment is so volatile

As opposed to oh, say, during the civil war ?
by tibbitts
Fri Jul 14, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: Upcoming Marriott Stay
Replies: 13
Views: 1559

Re: Upcoming Marriott Stay

There's a Marriott I'd like to stay at in downtown Pittsburgh for an upcoming event - according to the site, it's about $200 per night and I am woefully short on the necessary Marriott points to book a rewards stay. Any other programs I could transfer from - or - any suggestions for getting better ...
by tibbitts
Fri Jul 14, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Cheap source for basic will
Replies: 34
Views: 2157

Re: Cheap source for basic will

My husband and I need basic wills to establish guardians for our minor children and transfer our assets to them. We have no unusual family situations and were hoping to buy something standard online, a fill-in-the-blank type will. Does anyone have experience with the web sites selling wills? Are th...
by tibbitts
Fri Jul 14, 2017 6:38 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 156
Views: 15361

Re: How are folks handling the unprecedented rise in the market ?

I like many others am a skeptic of this market, given the volatile political situation and lack of any real improvements such as tax reform or infrastructure bills. But the fact is that the market still keeps going up. I am still in the market but What is everybody else doing ? Keeping the faith or...
by tibbitts
Thu Jul 13, 2017 11:40 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6686

Re: 90:10 AA - what don't you believe about it?

What I don't believe is that anybody (well, almost) was talking about 90/10 in the depths of the 2008/2009 downturn.

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