Search found 3624 matches

by triceratop
Mon Feb 19, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Adjusting a Taxable Account
Replies: 18
Views: 781

Re: Tax Adjusting a Taxable Account

beth26: Welcome to the Bogleheads forum! I have never bothered to "tax-adjust" between our taxable and tax-advantaged accounts (IRAs, 401ks, etc.). I'm now 94 and haven't missed "tax-adjustment" at all. Strive for simplicity; not complexity. Please read my " Simplicity " link below. Warren Buffett:...
by triceratop
Mon Feb 19, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Taxing First-in-First-out
Replies: 7
Views: 343

Re: Taxing First-in-First-out

FYI :happy https://www.fool.com/taxes/2017/12/16/what-fifo-is-and-why-congress-just-killed-it.aspx Holy batman, that is a misleading headline. No, FIFO is not gone (yet). To be sure I understand: Would a headline referencing “mandatory FIFO” being dead for now also have warranted an oath involving ...
by triceratop
Mon Feb 19, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Interactive Brokers fee structure for passive investors
Replies: 16
Views: 932

Re: Interactive Brokers fee structure for passive investors

IB is definitely geared towards active investors, especially those who want to trade 'exotic' instruments. Not suitable for buy-and-holders at all. This includes a pretty sizeable leap of logic; The same argument has been made about Merrill Edge and their free trades, and it is poor reasoning IMO.
by triceratop
Mon Feb 19, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Taxing First-in-First-out
Replies: 7
Views: 343

Re: Taxing First-in-First-out

Holy batman, that is a misleading headline.

No, FIFO is not gone (yet).
by triceratop
Mon Feb 19, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 2
Views: 227

Re: 2017 Relative Tax Efficiency

livesoft wrote:
Mon Feb 19, 2018 4:14 pm
Happy Birthday! Thx.
I didn't state it was my birthday (I also did not state it was not). It is, however, the Bogleheads forum's birthday.
by triceratop
Mon Feb 19, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Adjusting a Taxable Account
Replies: 18
Views: 781

Re: Tax Adjusting a Taxable Account

i suggest you re-read that huge warning message at the top of that article. And then just don't do it. Personally we have never worried about this, as there are too many moving pieces. I'm not even sure if it's mathematically sound. Tax adjusting IS important is when you start looking at withdrawal...
by triceratop
Mon Feb 19, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: 529 plan use in 2018 - Homeschooling
Replies: 7
Views: 623

Re: 529 plan use in 2018 - Homeschooling

By the way. our experience is, if you go with a quality curriculum, K-8 is sufficient to allow your children to enter college. Generally they will require a proficiency test, but our children were able to do collegiate work at age 14 and graduated in STEM 4.0/4.0. I point this out as you might want...
by triceratop
Mon Feb 19, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 2
Views: 227

2017 Relative Tax Efficiency

My birthday gift to the Bogleheads:

This is Pt. III of (2015) Relative tax efficiency including Foreign Tax Credit (VSS, VWO, VBR, etc.) and 2016 Relative Tax Efficiency, with numbers for the 2017 tax year. The google spreadsheet link is here.

Enjoy!
by triceratop
Mon Feb 19, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: what is marginal tax rate?
Replies: 23
Views: 1666

Re: what is marginal tax rate?

whodidntante wrote:
Fri Feb 16, 2018 7:42 pm
It's the tax rate you paid on the last dollar earned.
Not earned, taxed. According to the IRS I earned $0 last year and yet my federal marginal tax rate was 15%.
by triceratop
Mon Feb 19, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Taxable fund placement
Replies: 7
Views: 436

Re: Taxable fund placement

Oak&Elm wrote:
Mon Feb 19, 2018 2:18 pm
Thanks to all of you for the quick education. I plan to underweight my international equities in my taxable account going forward.
Have you looked at the spreadsheet to decide the tax cost? My suspicion is that doing so is the more expensive choice.
by triceratop
Mon Feb 19, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: For munis: state specific or non-state specific funds best?
Replies: 6
Views: 467

Re: For munis: state specific or non-state specific funds best?

A common recommendation by forum member grabiner is to split the difference, and in a smart way if you're targeting Intermediate-term duration. Since the benefit is more for higher yielding funds, you can construct an intermediate-term bond portfolio with Long-term state-specific and limited-term na...
by triceratop
Mon Feb 19, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Taxable fund placement
Replies: 7
Views: 436

Re: Taxable fund placement

I currently hold both VTSAX total US market and VTIAX total International Market in my taxable account. I'm getting ready to re-balance as per my IPS. I have the flexibility to shift all my international to tax advantage accounts and just hold VTSAX in taxable and stay within my current AA. Given t...
by triceratop
Mon Feb 19, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Adjusting a Taxable Account
Replies: 18
Views: 781

Re: Tax Adjusting a Taxable Account

beth26: Welcome to the Bogleheads forum! I have never bothered to "tax-adjust" between our taxable and tax-advantaged accounts (IRAs, 401ks, etc.). I'm now 94 and haven't missed "tax-adjustment" at all. Strive for simplicity; not complexity. Please read my " Simplicity " link below. Warren Buffett:...
by triceratop
Sun Feb 18, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 125
Views: 6742

Re: Do you wear a wedding band?

Mainly geared towards men, but applicable to women too...
Mainly geared towards married men.

As I am unmarried, no I do not wear one. I hope this helps.
by triceratop
Sun Feb 18, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 36
Views: 3154

Re: I reduced my exposure to US stocks before the correction.

It is estimated that 80% of global growth will take place in EM over the next 10 years, hence my 20% on EM. Even if accurate, this doesn't necessarily mean EM stocks will outperform non-EM stocks by such a large margin, or at all. For instance, US and developed ex-US companies do a lot of business ...
by triceratop
Sun Feb 18, 2018 6:20 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6549

Re: I think US interest rates could drop.

I thought interest rates primarily depend on inflation??? The problem is that "US interest rates" is too vague a term and can mean both nominal and real rates. In fact in the past few weeks we have seen a substantial rise in real (i.e. after inflation) rates. For concreteness, using 10-year nominal...
by triceratop
Fri Feb 16, 2018 1:42 am
Forum: Investing - Theory, News & General
Topic: U.S. bonds in freefall
Replies: 33
Views: 5357

Re: U.S. bonds in freefall

No dry powder, eh? I understand investors using bonds as a means to limit volatility in their portfolios and or as a means to store value (not a bitcoin joke promise) on money they can't afford to lose. That being said, I've known many who use the terms "dry powder" or "reserves" to take advantage ...
by triceratop
Fri Feb 16, 2018 12:19 am
Forum: Investing - Theory, News & General
Topic: Best Treasury Bond Fund/ETF for Taxable Accounts
Replies: 17
Views: 1954

Re: Best Treasury Bond Fund/ETF for Taxable Accounts

I accidentally started a knock down drag out thread about this after forgetting how to use morningstar. It ended up being a better discussion than it should have. Anyhow, the conclusion was that SCHR is the intermediate treasury bond champion. Are you referring to this thread ? I don't see the cons...
by triceratop
Fri Feb 16, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4410

Re: What is the evidence against slice and dice?

hdas: The Three-Fund Portfolio currently leads the pack at Dow MarketWatch. MarketWatch Returns for 8 Lazy Portfolios Portfolio ................................. 1-yr ........ 3-yrs ...... 5-yrs ...... 10-yrs Aronson Family Taxable .............12.75%..... 6.62%.....7.72%..... 6.27% Fundadvice Ulti...
by triceratop
Thu Feb 15, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4410

Re: What is the evidence against slice and dice?

Slice and dice makes the assumption that a slice will beat the total. Jack Bogle recently talked about this and small cap value, which has been very trendy over the last few years. What he talked about was that the investing community figures out that some slice outperforms, hypes it and it becomes...
by triceratop
Thu Feb 15, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4410

Re: What is the evidence against slice and dice?

Slice and dice makes the assumption that a slice will beat the total. Jack Bogle recently talked about this and small cap value, which has been very trendy over the last few years. What he talked about was that the investing community figures out that some slice outperforms, hypes it and it becomes...
by triceratop
Thu Feb 15, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4873

Re: I didn't tax-loss harvest this month, did you?

I created a wash sale today in my bond fund since I bought shares of VGIT on Feb 2 and those shares showed a gain today, and sold some shares today to buy stocks. Thanks to bogleheads.org I am not afraid of wash sales . It's great not to be afraid of wash sales. As livesoft is fond of repeating, th...
by triceratop
Thu Feb 15, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Are ETFs Safe?
Replies: 11
Views: 834

Re: Are ETFs Safe?

Yes they are safe.

No it is not a cogent argument against ETFs. It's not even an argument per se, more of a rant and a conspiracy theory.
by triceratop
Thu Feb 15, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

whodidntante wrote:
Wed Feb 14, 2018 11:49 pm
finite_difference wrote:
Wed Feb 14, 2018 11:26 pm
Jack FFR1846 wrote:
Wed Feb 14, 2018 1:55 pm
There's a reason why BoA's nick name is "the Evil Empire".

(cue Darth Vader music)
I thought Wells Fargo took over that role :twisted:
WF has been limited to one Death Star.
Given recent news, that is hilarious. Don't worry, some people got your joke.
by triceratop
Wed Feb 14, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 124
Views: 6610

Re: philosophicaleconomics predicts 4% real equity returns

It's possible skimming is not the best way to obtain a clear, complete idea of what an author is attempting to convey. But I'll oblige, this is the central question: Rather than assume that they will revert back to some past average, let’s start by granting the very bullish assumption that they will...
by triceratop
Wed Feb 14, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 124
Views: 6610

Re: philosophicaleconomics predicts 4% real equity returns

Future U.S. Equity Returns: A Best-Case Upper Limit Posted on January 15, 2018 by philosophicalecon@gmail.com http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/ I find this article highly fascinating. It confirms a hunch I've had all along that inflated...
by triceratop
Wed Feb 14, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: The S&P and the Ten
Replies: 7
Views: 832

Re: The S&P and the Ten

Are percentage changes in yields really meaningful? Isn't it the absolute (what is the proper math term?) change that matters. It's a ten. Don't forget to multiply the yield increase by 10 to get the dollars. But that's not the point as far as I'm concerned. I think of market corrections as often l...
by triceratop
Wed Feb 14, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

RRAAYY3 wrote:
Wed Feb 14, 2018 4:34 pm
livesoft wrote:
Wed Feb 14, 2018 4:30 pm
And how about bond funds? What are they up YTD? :twisted:
Not sure - pretty much down over the last 5 years
That's a curious statement.



Image



inb4 someone talks about share price not total return: no, why would you look at price return on a bond fund?
by triceratop
Wed Feb 14, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

Maybe the poster was trying to introduce volatility into people's understanding of the concept (targeted at non-native speakers? ...is that what volatility-targeting is? joking!) ?

In any case, let's try to keep the conversation on-topic.
by triceratop
Wed Feb 14, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4041

Re: Vanguard US Multifactor Fund

Bogleheads: I was intrigued by the above list of twelve factor funds so I checked with Morningstar to read their 1-yr; 3-yr; 5-yr and 10-yr history. Here's what I found: The bottom four funds (OMFL; MFUS; USMF; GMFL) are not listed by Morningstar. Of the eight remaining (none have been in business ...
by triceratop
Tue Feb 13, 2018 9:00 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

The same goes for the CRSPTM1 - CRSP US Total Market Index. VIX is an index , not a bet . I am with Jack on this one, Triceratops. While it is a high quality index it is not an index that I would recommend anybody investing in. In the end it is a derivative so it is a zero sum game. I don't follow....
by triceratop
Tue Feb 13, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

Can I just make a brief reminder that this is the theory section? Explaining what something is in response to a question about what something is, is not advocating any particular strategy or bet based on that explanation.
by triceratop
Tue Feb 13, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

The same goes for the CRSPTM1 - CRSP US Total Market Index. VIX is an index , not a bet . I am with Jack on this one, Triceratops. While it is a high quality index it is not an index that I would recommend anybody investing in. In the end it is a derivative so it is a zero sum game. I don't follow....
by triceratop
Tue Feb 13, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

Is volility different from volatility? That's where I am confused.
This might help. I see that a financial services firm offers their talents in that particular area. Enquiring minds should perhaps ask them about this unique skillset.
by triceratop
Tue Feb 13, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

Jack FFR1846 wrote:
Tue Feb 13, 2018 7:16 pm
VIX is simply a gambling device. Like Bitcoin, it has nothing produced from it, no dividends, no real redeeming qualities whatsoever.
The same goes for the CRSPTM1 - CRSP US Total Market Index.

VIX is an index, not a bet.
by triceratop
Tue Feb 13, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4041

Re: Vanguard US Multifactor Fund

Vanguard Total Stock Market trailed Vanguard Total International Stock Market over the past 12 months. Is investing in the US Stock market a fad?
by triceratop
Tue Feb 13, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7048

Re: Are Password Managers Really Necessary?

That's my entire point. If your google password includes the numeric key, as is the case as described, then compromising the google password compromises one's entire identity. No attacker will fail to realize what you've done. Well, all one's passwords would include the numeric key, right, doesn't ...
by triceratop
Tue Feb 13, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4041

Re: Vanguard US Multifactor Fund

Are these the first Vanguard ETF tickers with more than three letters?

Yikes! Ignore me, I am an idiot, I even own shares in one of the existing ones. :oops:
by triceratop
Tue Feb 13, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7048

Re: Are Password Managers Really Necessary?

Not necessary. I have hundreds of online accounts. Here is how I keep them: 1. Memorize a number that I will never never forget. Let's say it is 142536. 2. Create a Google Sheet with two columns: Account Name and Password. 3. Whenever I create a new online account, I always set up the password in t...
by triceratop
Tue Feb 13, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7048

Re: Are Password Managers Really Necessary?

Not necessary. I have hundreds of online accounts. Here is how I keep them: 1. Memorize a number that I will never never forget. Let's say it is 142536. 2. Create a Google Sheet with two columns: Account Name and Password. 3. Whenever I create a new online account, I always set up the password in t...
by triceratop
Tue Feb 13, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Are ETF's riskier than mutual funds in volatile markets?
Replies: 7
Views: 645

Re: Are ETF's riskier than mutual funds in volatile markets?

No I do not believe that.

In fact I believe the reverse, somewhat stronger statement. If someone views the ability to sell intra-day as somehow impactful on or even tempting of their behavior during market volatility, then they are not a long term investor.
by triceratop
Tue Feb 13, 2018 2:56 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 10934

Re: Did you learn anything from the market correction?

I learned it was not the first correction in the time period you list. In fact corrections are very common. For the asset classes I own, some were even in severe bear markets in the time periods you describe.
by triceratop
Tue Feb 13, 2018 1:10 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 31
Views: 3099

Re: Merrill Edge - Platinum Honors

How do you know that it is Merrill Edge and not Vanguard that messed up? There are many posts on bogleheads.org stating Vanguard screwed up cost basis information. I have not seen one before about a Merrill Edge cost basis error.
by triceratop
Tue Feb 13, 2018 12:15 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7048

Re: Are Password Managers Really Necessary?

My issue with "password managers" is that I've needed online passwords for at least thirty years. I've never had either a gadget or a piece of software that lasted long enough to be a long term solution for anything, and there have in fact been constant problems version skew, companies going out of...
by triceratop
Mon Feb 12, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 56
Views: 6322

Re: U.S. & International Allocation

That's supposedly how Jack Bogle set Vanguard up. I'm still not sold on international. Lots of the people who are selling you a product recommend international. Most people who offer free advice say you don't need international. Makes me wonder is all. :confused This post uses really flimsy "logic"...
by triceratop
Mon Feb 12, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 56
Views: 6322

Re: U.S. & International Allocation

That's supposedly how Jack Bogle set Vanguard up. I'm still not sold on international. Lots of the people who are selling you a product recommend international. Most people who offer free advice say you don't need international. Makes me wonder is all. :confused This post uses really flimsy "logic"...
by triceratop
Mon Feb 12, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 87
Views: 6713

Re: 30 yr tips auction 2/15: 1.0% yield?

Angst wrote:
Mon Feb 12, 2018 6:45 pm
I'm not 100% in agreement here. To me, the problem with this ^ is that "problem" needs to be plural.
Can any of our new posters identify another one?
Similar to what Yukon points out there is no guarantee that future TIPS will be linked to CPI-U.