Search found 66 matches

by tman9940
Sun Aug 06, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: VTSAX-International?
Replies: 8
Views: 883

Re: VTSAX-International?

https://finance.yahoo.com/news/youll-ba ... 34837.html

"A U.S. portfolio is an international portfolio, no matter what anyone else says"-Jack Bogle.
by tman9940
Sun Aug 06, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: VTSAX-International?
Replies: 8
Views: 883

VTSAX-International?

I have been reading JLCollins stock series. In it, he makes the argument that VTSAX is indirectly international because most of its top holding do business around the world. I tend to agree with him. What are some arguments that go against this idea?
by tman9940
Sun Aug 06, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Another fund for Roth?
Replies: 8
Views: 729

Re: Another fund for Roth?

Currently, I only have VTSAX in my Roth IRA. I currently DCA 458.33/month. For 2018, I am thinking about doing a lump sum contribution and adding a new fund. I am thinking about either a Mid cap or Small Cap index fund. I am fine with the risk this brings. I am 31 and have 30+years until retirement...
by tman9940
Sat Aug 05, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Another fund for Roth?
Replies: 8
Views: 729

Re: Another fund for Roth?

Currently, I only have VTSAX in my Roth IRA. I currently DCA 458.33/month. For 2018, I am thinking about doing a lump sum contribution and adding a new fund. I am thinking about either a Mid cap or Small Cap index fund. I am fine with the risk this brings. I am 31 and have 30+years until retirement...
by tman9940
Sat Aug 05, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Another fund for Roth?
Replies: 8
Views: 729

Re: Another fund for Roth?

It'll have mostly the same returns while making rebalancing more complicated to reason through. OTOH, you've currently got a very simple AA - 100% equities in a total stock market index - so you can afford to make things a little more complicated. Do you have other investment accounts as well? I al...
by tman9940
Sat Aug 05, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Another fund for Roth?
Replies: 8
Views: 729

Another fund for Roth?

Currently, I only have VTSAX in my Roth IRA. I currently DCA 458.33/month. For 2018, I am thinking about doing a lump sum contribution and adding a new fund. I am thinking about either a Mid cap or Small Cap index fund. I am fine with the risk this brings. I am 31 and have 30+years until retirement....
by tman9940
Mon Jul 17, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Help
Replies: 5
Views: 581

Re: Roth Conversion Help

Thanks everyone for the replies and advice. Sounds a lot more confusing than I was hoping. I will have to research the topic some more and hopefully get it taken care of.
by tman9940
Sun Jul 16, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Help
Replies: 5
Views: 581

Roth Conversion Help

I am thinking about converting my traditional IRA to my Roth. I've never done this before. Trying to figure out if it is worth it. I am currently 31. If I read correctly, there is no 10% penalty for an "early withdrawal" since the traditional will be converted? When and how do you pay the tax on the...
by tman9940
Sun Jul 09, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund in Roth/Taxable
Replies: 13
Views: 1484

Re: One Fund in Roth/Taxable

forget bonds. keep cash in a bigh yield savings account ... ready to pounce at the next buying opportunity. the key is actually looking at the next correction/"free fall"/crash as a buying opportunity and not to panic. I only invest money I know I don't "need" for the foreseeable future ... it help...
by tman9940
Sun Jul 09, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: One Fund in Roth/Taxable
Replies: 13
Views: 1484

Re: One Fund in Roth/Taxable

There is nothing wrong with staying domestic, Mr Bogle himself says it is fine. Once you get a feeling the risk is too high, adding a bond fund gives a perfectly reasonable 2 fund portfolio. Warren Buffet has advocated a similar portfolio using the S&P 500. In fact, a financial blogger (JC Collins)...
by tman9940
Sun Jul 09, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: One Fund in Roth/Taxable
Replies: 13
Views: 1484

Re: One Fund in Roth/Taxable

Have u been thru 2008/9 market? U should really recheck yo self to be certain u don't sell nothin if your portfolio drops 50% and stays down awhile while all the news outlets proclaim cash is king again. Cuz if u do sell prepare for some major permanent losses. I was not in the market in 08/09... b...
by tman9940
Sat Jul 08, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund in Roth/Taxable
Replies: 13
Views: 1484

One Fund in Roth/Taxable

I currently hold VTSAX in my Roth and taxable. This is the only fund I own. I am totally comfortable with the risk...and am not interested in bonds at this point as I am only 31. My question: Is it feasible to have only this fund? I've read people make the argument that this fund doesn't need intern...
by tman9940
Tue Jun 06, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: "What Vanguard Fund Has Beaten Its Category Average 16 Years In A Row?
Replies: 14
Views: 2429

Re: "What Vanguard Fund Has Beaten Its Category Average 16 Years In A Row?

Taylor: What are your thoughts about owning only VTSAX (in Roth and Taxable)--I don't want bonds at my age (31) and have read most companies in VTSAX are international since they do business around the globe. I am trying to keep things as simple as possible--hence only owning VTSAX. Thanks for any t...
by tman9940
Tue May 30, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Re: Cost Basis Question

Yes, I am with Vanguard. Cost Basis only really comes into play at the time of a sale, is that correct? On Vanguards site, they say you can change your basis option at anytime before a sale of a mutual fund. That is mostly correct. I don't believe the "anytime" applies. That is, I don't t...
by tman9940
Tue May 30, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Re: Cost Basis Question

OK, your shares are all covered, which means that your financial institution (Vanguard?) should be keeping track of your cost basis for you. Do you believe that your financial institution has accurately tracked your Cost Basis for you? Personally, I would use a Cost Basis Method of Specific Identif...
by tman9940
Tue May 30, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Re: Cost Basis Question

kaneohe wrote:when did you acquire shares?


September, 2015 to the present day...I still buy shares on a weekly basis.
by tman9940
Tue May 30, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Re: Cost Basis Question

As far as I know, yes, all shares are covered. Hmmm, how do you know that? I guess your response does not seem very confident from this side of the internet. I just looked--it says on Vanguard that all shares bought after Jan 1, 2012, are covered shares. All of my shares have been bought after that...
by tman9940
Tue May 30, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Re: Cost Basis Question

Explanations will be better understood if you have read and understood IRS Publication 551 first: m and IRS Publication 550: m I think you should be concerned with knowing the Cost Basis of your taxable investments at ALL times. We see on the forum folks who did not track their cost basis and are a...
by tman9940
Tue May 30, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 13
Views: 639

Cost Basis Question

Currently I mainly have all my investments in VTSAX--which I am comfortable with. I still struggle to understand cost basis. I use Average Cost for my taxable account. I don't plan on selling out of my fund for 20-30 years. Is Cost Basis something I should be concerned with at this time? Does it onl...
by tman9940
Fri May 12, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 2036

Re: Yellowstone Itinerary

I would spend at least a day in Lamar Valley---When we went we only drove through Lamar Valley--something I regret. The huge rolling pastures with little specks, which are buffalo, is impressive. Hopefully you'll see some bears and wolves out there as well. Yellowstone is an amazing place. And Grand...
by tman9940
Fri May 12, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Always looking to learn.
Replies: 6
Views: 683

Re: Always looking to learn.

I would not try to time the market hoping it goes down to buy more since know one knows which direction it will go. I would try dollar cost averaging a certain amount every month regardless of the direction of the market. If you did this consistently through the course of 30 vears it likely you wil...
by tman9940
Fri May 12, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Always looking to learn.
Replies: 6
Views: 683

Re: Always looking to learn.

Well, it is hard to diversify in stocks more than VTSAX, but you are not diversified in other asset classes. The big question you need to ask yourself is: What would I do if the market loses 50% of its value, which is possible. I would not want to hold 100% in any one asset class, but that's just m...
by tman9940
Fri May 12, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Always looking to learn.
Replies: 6
Views: 683

Always looking to learn.

I keep coming back to this forum to pick the brains of some very smart people on here. Currently, I hold VTSAX in my Roth and Taxable accounts, and VSGIX in a Traditional IRA that I don't contribute to because I max my Roth IRA out. I am fine with holding 100% stocks right now, as I still have 30 or...
by tman9940
Wed May 10, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1052

Re: Bicycling Delaware Maryland Pennsylvania

We are doing the Tour de Shore July 30th---65 miles from Philly to AC....think there are still spots open. This is my first ever ride longer than 10 miles...so I need to train!
by tman9940
Wed May 10, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Service
Replies: 7
Views: 1123

Re: Vanguard Personal Advisor Service

I recently spoke with a Vanguard advisor about the personal advisor service. They had me fill out a risk tolerance survey (~25 years to retirement, high risk tolerance). Based on the results they said I could shift my AA to 95% stock and 5% bond (from the current 90% stock and 10% bond). So there's...
by tman9940
Wed May 10, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Service
Replies: 7
Views: 1123

Re: Vanguard Personal Advisor Service

They will recommend a 4 fund portfolio consisting of: Total US Stocks Total International Stocks Total US Bond Total International Bond Your answers to the risk profile will get you a higher percentage of stocks. I do not think you could answer where you would not have some bond component. If you a...
by tman9940
Wed May 10, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Service
Replies: 7
Views: 1123

Vanguard Personal Advisor Service

I currently hold 100% stocks...primarily in VTSAX across my accounts, with a small portion of my money in Small Cap Growth (VISGX). I am totally comfortable with this allocation, as I have 30 + years until I will need to access the money. I am considering joining the Vanguard Personal Advisor Servic...
by tman9940
Mon Apr 17, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Re: Sitting on Cash

simplesimon wrote:What about buying your dad's house and cashing him out?


I am still in the house I grew up in. Although I love it, and it's the only home I've ever know, our area, unfortunately, is slowly going down hill. So I wouldn't want to buy it.
by tman9940
Mon Apr 17, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Re: Sitting on Cash

In your situation I would suggest saving for retirement. You don't want to lose out too much on the use-or-lose tax advantaged space that you can get with retirement savings. 50% is an excellent amount of down payment on a house. So long as you get a reasonable interest rate on your mortgage, I don...
by tman9940
Mon Apr 17, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Re: Sitting on Cash

In your situation I would suggest saving for retirement. You don't want to lose out too much on the use-or-lose tax advantaged space that you can get with retirement savings. 50% is an excellent amount of down payment on a house. So long as you get a reasonable interest rate on your mortgage, I don...
by tman9940
Mon Apr 17, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Re: Sitting on Cash

My current situation: Around 50k Income...minimal bills...so majority of that is able to be saved. I live with my father, who charges me next to nothing in rent. He enjoys having me around (otherwise he would be alone, so I think it is beneficial for both of us). I have a pension through work, but o...
by tman9940
Sun Apr 16, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Re: Sitting on Cash

Thank you all for your advice and your spin on my situation. I am going to stay the course and keep investing while building up that money for a house. Who knows, maybe I'll have enough to buy a house outright oneday.
by tman9940
Sun Apr 16, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3804

Sitting on Cash

I am currently sitting on a substantial amount of cash...which I plan on using to buy my first house. Right now, I have enough for a 50% down payment, plus a good amount for an emergency fund. Currently, I am under no pressure to buy my first house. I also have roughly 50k set aside for retirement, ...
by tman9940
Thu Dec 15, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Any New 3% CD offerings other than Andrews FCU??
Replies: 7
Views: 2103

Re: Any New 3% CD offerings other than Andrews FCU??

Navy Federal always has good rates on CDs...
by tman9940
Thu Dec 15, 2016 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Funds in a Traditional IRA
Replies: 2
Views: 308

Re: Changing Funds in a Traditional IRA

There are no tax consequences for exchanging funds in tax advantaged accounts like 401k, 403b, 457b, IRAs. What are you holding in other accounts? You mentioned Roth IRA and taxable accounts. Do you have an employer plan like 401k, 403b, 457b, SIMPLE-IRA, SEP-IRA, Solo 401k? I have a pension throug...
by tman9940
Thu Dec 15, 2016 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Funds in a Traditional IRA
Replies: 2
Views: 308

Changing Funds in a Traditional IRA

I hold VTSAX in a ROTH and a taxable account. I hold VLACX in a Traditional IRA (Large Cap Index)... Since VTSAX has over 15% of its top holdings as Large caps--would it make sense to put a small-cap fund in my Traditional IRA? Essentially switching funds from Large to Small cap. Are there any taxes...
by tman9940
Tue Aug 23, 2016 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wait to Buy House?
Replies: 17
Views: 2128

Re: Wait to Buy House?

Congratulations on your savings thus far! Living at home is fine as long as you are reimbursing Mom and Dad what it actually costs them to keep you. You might ask them what they reckon it costs to have you living at home. The answer might surprise you. You don't mention it, but be sure you are savi...
by tman9940
Mon Aug 22, 2016 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Wait to Buy House?
Replies: 17
Views: 2128

Re: Wait to Buy House?

Livesoft--Exactly! I am the last of my friends to move out and get my own place. I really don't mind it, but it just has me thinking. If that means that you are still living with your parents then getting an apartment of your own would be an option to consider. A lot of how long you live with your ...
by tman9940
Mon Aug 22, 2016 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Wait to Buy House?
Replies: 17
Views: 2128

Re: Wait to Buy House?

We didn't buy a house until our late thirties, were married, and had a kid. I wouldn't worry about it myself, but maybe you are being subjected to that ol' peer pressure thing? Livesoft--Exactly! I am the last of my friends to move out and get my own place. I really don't mind it, but it just has m...
by tman9940
Mon Aug 22, 2016 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Wait to Buy House?
Replies: 17
Views: 2128

Wait to Buy House?

I currently live rent free--with no pressure to leave my current situation (30 y/o, single, no kids). I have a substantial amount of cash saved for a down payment... question is, should I keep saving? Should I start looking? Should I invest more money instead of saving for a house? I could probably ...
by tman9940
Fri Jun 17, 2016 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off the mortgage today
Replies: 67
Views: 7417

Re: Paid off the mortgage today

Awesome...I don't know if I'm crazy but I plan on putting a 40-50% down payment on my first house within the next 1-2 years. I'm 30 years old.
by tman9940
Thu Jun 16, 2016 3:47 pm
Forum: Investing - Theory, News & General
Topic: frequent-trading policy guidelines
Replies: 8
Views: 806

Re: frequent-trading policy guidelines

Thanks for the info everyone...I got a panic attack when I saw this! Glad it is normal to see this when exchanging funds! :shock:
by tman9940
Thu Jun 16, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: frequent-trading policy guidelines
Replies: 8
Views: 806

Re: frequent-trading policy guidelines

Is it possible you recently sold some VTSMX? Buying (exchanging) back into that fund before 30 days have passed could have triggered this.[/quote]

Nope-I simply exchanged VFIFX for VTSMX.
by tman9940
Thu Jun 16, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: frequent-trading policy guidelines
Replies: 8
Views: 806

frequent-trading policy guidelines

I just exchanged VFIFX (target retirement 2050) for VTSMX (total stock market index). I received a notice about Frequent Trading policy.. if I understand it correctly, it's basically saying I can't buy VFIFX again for 30 days? (Not that I am going to) ...Anyone familiar with this policy or had a sim...
by tman9940
Wed Jun 15, 2016 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Re: Switching Mutual Funds?

There isn't a 12% federal tax bracket. 10, 15, 25, 28, 33, 35, and 39.6% are the brackets. If you are in the 10 or 15% brackets then you may be able to sell funds in taxable without paying capital gains. Look up tax gain harvesting as well. I understand you don't want to be overweight in large caps...
by tman9940
Wed Jun 15, 2016 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Re: Switching Mutual Funds?

Dear Tman, We are missing information to make a good simulation. Can you give us more info on your accounts? What are the relative sizes of them? what are you currently holding? What is your desired Asset Allcation? Please have a look at this post and consider updating your opening post with the mi...
by tman9940
Wed Jun 15, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Re: Switching Mutual Funds?

Every day you hold the target date fund in taxable it becomes more tax inefficient and the cost (capital gains) to sell it increases. Not a great feedback loop. I don't see any reason to go beyond total stock market and total bond market...unless you're trying to tilt, which is maybe what you're as...
by tman9940
Wed Jun 15, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Re: Switching Mutual Funds?

I've thought about VTSAX for all as well. I would like to take a little more risk (I have 30+ years until retirement).. The only bonds I have are what the Target Retirement 2050 fund offers (currently bonds are about 2% of my total assets) It is hard to beat Total Stock (VTSAX) for total return. If...
by tman9940
Wed Jun 15, 2016 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Re: Switching Mutual Funds?

I've thought about VTSAX for all as well. I would like to take a little more risk (I have 30+ years until retirement).. The only bonds I have are what the Target Retirement 2050 fund offers (currently bonds are about 2% of my total assets)
by tman9940
Wed Jun 15, 2016 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Switching Mutual Funds?
Replies: 15
Views: 921

Switching Mutual Funds?

I am currently thinking about switching mutual funds inside my Traditional IRA. I feel that I am overweighed in Large Cap funds. Here is my situation: Roth IRA-Vanguard Total Stock Market (VTSAX) Traditional IRA- Vanguard Large Cap (VLACX) Taxable- Vanguard Target Retirement 2050 (VFIFX) I currently...