Search found 3392 matches

by triceratop
Fri Jan 19, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Chevron
Replies: 7
Views: 243

Re: Qualified Dividends Chevron

All qualified dividends are ordinary dividends. Not all ordinary dividends are qualified dividends.
by triceratop
Fri Jan 19, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Which tax software for 2017?
Replies: 9
Views: 581

Re: Which tax software for 2017?

I plan to use IRS documents to prepare my taxes, in a similar situation. I think you could easily do the same.
by triceratop
Fri Jan 19, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1151

Re: Increasing Small Cap Value Tilt

iShares small cap blend ETF IJR already makes up 8% of my portfolio, however in the Morningstar style box my portfolio numbers show up like this: 22, 22, 22 6, 6, 5 4, 5, 5 So doesn't look like there's much of an effect iShares IJR ETF adds in terms of SCV. Domestic to international is ~ 67:33 (ITO...
by triceratop
Fri Jan 19, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1151

Re: Increasing Small Cap Value Tilt

iShares small cap blend ETF IJR already makes up 8% of my portfolio, however in the Morningstar style box my portfolio numbers show up like this: 22, 22, 22 6, 6, 5 4, 5, 5 So doesn't look like there's much of an effect iShares IJR ETF adds in terms of SCV. Domestic to international is ~ 67:33 (ITO...
by triceratop
Fri Jan 19, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The G Fund is one of the only "free lunches" around. Unlike the F Fund, the G Fund has no credit risk, no duration risk, and is subject only to upward volatility. It's essentially cash with the yield of an intermediate term bond fund. Investors may hold "less" of the G Fund to achieve the same leve...
by triceratop
Fri Jan 19, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

I'm saying that 90/10 makes more sense with the F fund than the G fund. It actually makes more sense with a Treasury ETF like VGIT than either, but that's not available in the TSP. Actually I would need to go back and look at how the F fund performed in recent equity crises to be 100% sure about this.
by triceratop
Fri Jan 19, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The G Fund is one of the only "free lunches" around. Unlike the F Fund, the G Fund has no credit risk, no duration risk, and is subject only to upward volatility. It's essentially cash with the yield of an intermediate term bond fund. Investors may hold "less" of the G Fund to achieve the same leve...
by triceratop
Fri Jan 19, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 193
Views: 20838

Re: Case study Broker trade executions

I was selling a small amount of a fairly high volume ETF (around $10,000) at Etrade today, and I had set a limit order for (say) 20.50 over an hour ago. I jsut checked right now, and the ticker shows the last trade executed at (say) 20.52, but my order was not. I can understand that a limit order p...
by triceratop
Fri Jan 19, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3304

Re: Considering PhD...but so much to consider...

There are books for people considering a PhD program. Read them ASAP. Getting What You Came For: The Smart Student's Guide to Earning an M.A. or a Ph.D. is one. Here is a list of other such books... http://www.onlinephdprograms.com/14-books-you-need-to-read-before-pursuing-a-phd/ There's a movie, t...
by triceratop
Thu Jan 18, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 26
Views: 1945

Re: Are ETFs Really That Safe?

I'm not sure how everyone has this much confidence in ETFs but I think the real answer is, we don't know. EFT's haven't been tested in extreme market volatility. It's right there in the prospectus next to the flag. So until a major crash happens and some of the "Creation Unit" banks go bankrupt, we...
by triceratop
Thu Jan 18, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 396
Views: 78379

Re: Bank of America/Merrill Edge - Preferred Rewards

Unfortunately it's been a while since I went through this. I do recall being confused about the 90-day average. There are two main features Bogleheads would be interested in using, free trades and credit-card rewards. The former isn't a problem because you get 90 days of trades as a bonus with Merr...
by triceratop
Thu Jan 18, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The G fund is unique. Being unique doesn't, by itself, say anything about its value. G has a rate that's pretty middle-of-the-road compared to corporate stable-value funds. For instance, its current rate is 2.375%, which is a smidge less than Megacorp's 2.55%. So how does anyone value the increased...
by triceratop
Thu Jan 18, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends vs Capital Gains on Total Stock Market not reinvested
Replies: 4
Views: 385

Re: Dividends vs Capital Gains on Total Stock Market not reinvested

Since this is a personally actionable question I have moved it to the Personal Investments section.
by triceratop
Thu Jan 18, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

Do you want to take risk on the bond side or only on the stock side? If you are willing to take a little bit more risk on the bond side to get a little bit more return then I think the OP's idea is good, especially in accumulation phase. This is no different than why is TBM recommended in the 3 fun...
by triceratop
Thu Jan 18, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4615

Re: Vanguard Advisor Bullied Me

Locked: topic exhausted
by triceratop
Thu Jan 18, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6800

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Well, the actual subject material seems to be how to create your own financial plan. The "Fire your Financial Advisor" is just the hook. I'm reading the material correctly, this course does not include any direct human interaction; it's basically a book with online interactive worksheets and tests....
by triceratop
Thu Jan 18, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2055

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

As others have mentioned, the F fund invests in corporate bonds (in addition to treasuries) so you are exposed to default risk and to term risk. First default risk: this is extra yield you demand for the possibility that a corporation will go bankrupt and be unable to honor the obligations of the co...
by triceratop
Thu Jan 18, 2018 3:08 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6800

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

"A strange game. The only winning move is not to play. How about a nice game of chess?" --AI in WarGames (1983) :D I want to emphasize that our wiki is very much not 'paid'. It is a volunteer effort and all information is provided freely (gratis). The same goes for all assistance on the forum. And a...
by triceratop
Thu Jan 18, 2018 2:54 am
Forum: Investing - Help with Personal Investments
Topic: FSTVX - Fidelity Total Stock Index - Tax Implications
Replies: 22
Views: 1333

Re: FSTVX - Fidelity Total Stock Index - Tax Implications

It's only an issue if your priority is maximizing post-tax wealth. If your goal is to satisfy a preference for mutual funds, more power to you: but it's an inefficiency to the typical goal above. It's also amusing to make this point on a thread explicitly about tax implications. I wonder if the vari...
by triceratop
Wed Jan 17, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA vs Taxable account international funds
Replies: 2
Views: 179

Re: Roth IRA vs Taxable account international funds

See: viewtopic.php?t=208818

The 2017 update will be available in the next few weeks.
by triceratop
Wed Jan 17, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX - Fidelity Total Stock Index - Tax Implications
Replies: 22
Views: 1333

Re: FSTVX - Fidelity Total Stock Index - Tax Implications

If I ultimately die before selling the FSTVX, then yes, the taxes paid on capital gains distributions is all an additional cost. OTOH, if I outlive my FSTVX shares, then I look at it more as a pay me now or pay me later situation. As others have suggested, not a big deal in the grand scheme of thin...
by triceratop
Wed Jan 17, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX - Fidelity Total Stock Index - Tax Implications
Replies: 22
Views: 1333

Re: FSTVX - Fidelity Total Stock Index - Tax Implications

If I ultimately die before selling the FSTVX, then yes, the taxes paid on capital gains distributions is all an additional cost. OTOH, if I outlive my FSTVX shares, then I look at it more as a pay me now or pay me later situation. As others have suggested, not a big deal in the grand scheme of thin...
by triceratop
Wed Jan 17, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell Ishares and invest in index funds?
Replies: 5
Views: 434

Re: Should I sell Ishares and invest in index funds?

Why do you use the word Ishares (really: iShares) in your post and title if your problem is about individual stocks and bonds? I am confused reading your OP. Please clarify.
by triceratop
Wed Jan 17, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX - Fidelity Total Stock Index - Tax Implications
Replies: 22
Views: 1333

Re: FSTVX - Fidelity Total Stock Index - Tax Implications

I posted this about LTCG distributions in a different thread on FSTVX's tax efficiency: "[FSTVX distributed] about $0.50 per share for a fund that averaged around $70 in share price over the course of the year. Is this worth worrying about in a taxable account? My preference is for mutual funds ove...
by triceratop
Wed Jan 17, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 193
Views: 20838

Re: Case study Broker trade executions

1) Is the opening cross useful in tax loss harvesting when you are trying to avoid wash sales by using not substantially-identical ETF's? 2) Is it useful for buying Foreign ETF's when at least the European markets are open if not Asia? 1) I don't see why it would be useful for that. Maybe a little ...
by triceratop
Wed Jan 17, 2018 1:34 am
Forum: Investing - Help with Personal Investments
Topic: Help with tax efficient asset allocation for taxable account
Replies: 16
Views: 1293

Re: Help with tax efficient asset allocation for taxable account

Just to clarify: isn't having both limited-term and long-term funds redundant? I mean if minimizing risk and federal tax exemption is goal I can go with Intermediate-Term Tax-Exempt Fund, right? The idea is to use Limited-Term Tax-Exempt and NY Long-Term Tax-Exempt, so that you can get an intermedi...
by triceratop
Tue Jan 16, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2411

Re: Vanguard Tax Forms Now Online

Just got my 1099. Qualified dividends for Total Stock, Mid Cap and Small Cap are 94.78%, 87.18%, 65.72%, respectively. This compares to Vanguard's estimates of 94%, 89%, 71%, respectively. Wow. If they had gotten qualified dividends to 95%, they could've reported them as 100%. Big loss. The informa...
by triceratop
Tue Jan 16, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: Amount of Treasury Bonds to Double -- Does Supply/Demand Apply Here?
Replies: 4
Views: 687

Re: Amount of Treasury Bonds to Double -- Does Supply/Demand Apply Here?

I would have to assume that demand has a huge impact on price, but I wonder, why would demand increase just because our government is spending much, much more money than it takes in? One of the more interesting stories from last week was that the most recent treasury auction was still highly oversu...
by triceratop
Tue Jan 16, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Is lump sum or dollar cost averaging more in line with boglehead values?
Replies: 22
Views: 1476

Re: Is lump sum or dollar cost averaging more in line with boglehead values?

RRAAYY3 wrote:
Tue Jan 16, 2018 3:37 pm
we're all dollar cost averaging unless you literally lump sum every dollar ever invested at once and wait it out - which i highly doubt ever happens

do whatever keeps you investing
Periodically lump-summing newly available cash is different from DCA.
by triceratop
Tue Jan 16, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4244
Views: 1144793

Re: U.S. stocks in freefall

Whakamole wrote:
Tue Jan 16, 2018 2:53 pm
Is it time to panic yet?
:) Have to love the new sense of market 'volatility' when people are panicking on a day when a new all-time high is set.
by triceratop
Tue Jan 16, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3304

Re: Considering PhD...but so much to consider...

Perhaps your field is different, but in STEM you don't plan on walking out with your newly minted PhD and getting a $100k job. Typically the only options are PostDoc positions that pay ~$40k. This can last 3-6 years. I have many colleagues who are 5+ years out of the STEM PhD still making well belo...
by triceratop
Tue Jan 16, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3304

Re: Considering PhD...but so much to consider...

This whole situation is complicated by my current earnings. If I were to stay where I was vs. the PhD, it would take me about 18 years before I have made more with the PhD since I'm effectively making nothing for the 5 years I'm doing it. It might not be this bad. Don't compare your total current e...
by triceratop
Tue Jan 16, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 30
Views: 3064

Re: “Better Buy” Total US or International ?

How about the tax efficiency on the VWO (emerging market index)? Genefl: Morningstar ranks VWO somewhat less tax-efficient than Vanguard Total International (VGTSX). Personally I would not bother with VWO inasmuch as Total International already holds emerging market stocks. Strive for simplicity--n...
by triceratop
Tue Jan 16, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: “Future US Equity Returns: A Best-Case Upper Limit”
Replies: 20
Views: 1632

Re: “Future US Equity Returns: A Best-Case Upper Limit”

The 2nd figure shows that pension fund allocation to equities has been high since 1998, yet we had two great crashes after 1998. These are not incongruous in the context of the post, from my reading. There is not an attempt to explain pension fund asset allocation as the driver of multiple expansio...
by triceratop
Tue Jan 16, 2018 3:50 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 91
Views: 7685

Re: Paul Merriman and Small Cap Value

IJS is probably the best way to get exposure to small value. While it’s expense ratio is higher than others, they do enough share lending to make up for it. It also has the most liquidity. STAY AWAY from the Russell indices as they underperform significantly. About 95% of my domestic equity allocat...
by triceratop
Mon Jan 15, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 87
Views: 8771

Re: Besides Bogleheads, What Are Your Favorite Forums?

Here are two suggestions: For Health, fitness, and bodybuilding: http://scoobysworkshop.com Lots of videos and interactive stuff. All n/c. Although I don’t spend much time there anymore (because I now have at least 10 correspondents around the world), I also like: http://www.fountainpennetwork.com/...
by triceratop
Mon Jan 15, 2018 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3304

Re: Considering PhD...but so much to consider...

BolderBoy wrote:
Mon Jan 15, 2018 9:35 pm
Would the PhD be about the money or would the PhD be about personal fulfillment?

I'm lukewarm about seeing you do it for the money.

I did mine for the personal fulfillment and the money just happened to be a secondary (BIG) side effect.
There is a lot of truth and wisdom here.
by triceratop
Mon Jan 15, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 87
Views: 8771

Re: Besides Bogleheads, What Are Your Favorite Forums?

Ironically the best forums are ones where eternal September has not occurred, and the members know better than to loudly sing the forum's praises. Therefore, I will not share any of the groups that I frequent, for you should view with suspicion any such suggestion you receive.
by triceratop
Sun Jan 14, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 45
Views: 3871

Re: Energy sector time to turn around?

^ A department chair is more of a curse to one's research program than a position of recognition or nobility in the department. ValueThinker may also be thinking of Distinguished professor. Wikipedia doesn't cite any sources, but may be useful anyway? Professor
by triceratop
Sat Jan 13, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4491

Re: Merrill Edge best choice for higher net worth accounts?

No problem if you only need Vanguard ETFs. Some low-cost funds (munis) are offered only as mutual funds.
by triceratop
Sat Jan 13, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5338

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

You can outperform Vanguard Intermediate-term Treasury ETF by 0.63% as of the close on Friday. For a treasury fund that's even better given the lower yield!
by triceratop
Sat Jan 13, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2427

Re: Skating where the puck was; e.g., commodities. Factors next?

You know if you stay in place eventually the puck comes back.:) Skating where the puck was isn't that bad as long as you stop when you get there (i.e. don't switch from value to momentum to quality as each posts nice 3 year returns) I have to admit it's amusing to see people talking so confidently ...
by triceratop
Sat Jan 13, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 17
Views: 1597

Re: Merrill Edge - Platinum Honors

It looks like a rational call on a credit- and term-adjusted basis would be NEAR for funds held less than about 6 months and ICSH for funds held more than about 6 months, due to the differences in spreads and expense ratios. Have you tried to estimate how much of the spread you are paying? I’ve bee...
by triceratop
Fri Jan 12, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 17
Views: 1597

Re: Merrill Edge - Platinum Honors

stlutz wrote:
Fri Jan 12, 2018 7:36 pm
Actually the safest almost-money-market ETF would be SHV (ishares Treasury < 1 year). Currently yields 1.24%.
Correct, in that a money market is not 'safe'.

Edit: as lack_ey notes, just use T-bills then.
by triceratop
Fri Jan 12, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Resource on good financial practices for a graduate student?
Replies: 17
Views: 537

Re: Resource on good financial practices for a graduate student?

As I read this I thought about oft-asked topics: Is my stipend taxable? And do I have to pay FICA/medicare taxes myself if they are not taken out? Does my stipend allow me to contribute to an IRA, that is, Is my stipend compensation or earned income? I've been in a few university bookstores. A few ...
by triceratop
Fri Jan 12, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: loads and fees Vanguard mutual fund and ETF
Replies: 8
Views: 451

Re: loads and fees Vanguard mutual fund and ETF

Generally there is no difference between the Vanguard mutual fund and ETF vehicles for tax purposes if investing in the same fund (the funds are structured as a single pool of money with share classes, so mutual funds and ETFs are just two vehicles). If buying Vanguard mutual funds and ETFs at Vang...
by triceratop
Fri Jan 12, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: loads and fees Vanguard mutual fund and ETF
Replies: 8
Views: 451

Re: loads and fees Vanguard mutual fund and ETF

Generally there is no difference between the Vanguard mutual fund and ETF vehicles for tax purposes if investing in the same fund (the funds are structured as a single pool of money with share classes, so mutual funds and ETFs are just two vehicles). If buying Vanguard mutual funds and ETFs at Vangu...
by triceratop
Fri Jan 12, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Resource on good financial practices for a graduate student?
Replies: 17
Views: 537

Re: Resource on good financial practices for a graduate student?

This may not be beneficial for you given you have just one year left in grad school (congratulations), but for future readers: Look in to opening a 529 plan for yourself. We were able to contribute to our state's 529 plan for the tax deduction, then withdraw the funds to pay qualified education exp...
by triceratop
Fri Jan 12, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Resource on good financial practices for a graduate student?
Replies: 17
Views: 537

Re: Resource on good financial practices for a graduate student?

Personal Finance for Dummies by Eric Tyson is great, whether or not you're a graduate student. Beyond that (and this is a bit esoteric), realize that your debt is part of a deal you willingly made. You could have just worked somewhere without a graduate degree, saved up a bunch of money, then paid ...