Search found 592 matches

by aj76er
Thu Nov 15, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: 2 Fund Ports: Everything You NEED?
Replies: 13
Views: 1183

Re: 2 Fund Ports: Everything You NEED?

BND or BNDW is too much duration for a retiree. As a retiree, I like 100% ST TIPS right now, but more generally: IT TIPS/ST corporate or IT TIPS/ST Treasuries. (Even as a worker, I wouldn't own a fund over five years maturity unless it had inflation protection.) It sounds like what you're saying is...
by aj76er
Thu Nov 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 224
Views: 13929

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

This looks like a really great HSA option. I followed the "do it yourself" link from https://www.fidelity.com/go/hsa/investing-your-hsa, and it appears one can invest in any bond, ETF, or mutual fund available to the normal brokerage account. As such, this is the only account type I know of that has...
by aj76er
Mon Nov 12, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8063

Re: What's everyone currently in?

Stocks / Bonds: 75 / 25 World Stocks / US Stocks : 67 / 33 The stock split was influenced by the following research: https://finpage.blog/2017/03/18/investing-in-the-world-part-1 https://finpage.blog/2017/03/25/investing-in-the-world-part-2 https://finpage.blog/2017/03/25/investing-in-the-world-part...
by aj76er
Fri Nov 09, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7068

Re: Paul Merriman 2 Funds for Life

SCV has an impressive back tested record. The likely-hood of outperformance of SCV over long time periods is shown to be pretty similar to that of market beta relative to bonds. The one thing I question is that if you go back even 20 years or so, buying a SCV was a radically different thing than it ...
by aj76er
Fri Nov 09, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7068

Re: Paul Merriman 2 Funds for Life

Total World is the way to go--or better yet, use the two Vanguard US and int'l total market funds: cheaper and more stocks. You can use the two index fact sheets to determine the last quarter ending market values and then go to Yahoo Historical Data to get the adjusted closing prices for the curren...
by aj76er
Thu Nov 08, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 131
Views: 9691

Re: Favorite "free stuff"?

Free air

Much much further down on the priority list:
* CC points and cash back,
* Free local music at venues around town,
* Free info on internet (especially Bogelheads!)
by aj76er
Wed Oct 31, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting from ETF to Mutual Fund
Replies: 18
Views: 1260

Re: Tax Loss Harvesting from ETF to Mutual Fund

You also have a settlement timing issue to consider, since the ETF sale settles T+2 and the MF purchase may settle T+1 (depending on fund and brokerage platform). Options are to use other cash (eg Emergency Fund) to float yourself a 1-day bridge loan, buy a fund that also settles T+2, be out of the...
by aj76er
Thu Oct 25, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8593

Re: What's Your Fixed Income Strategy?

Years to retirement or already in retirement?(how many years in?) - 5 to 10 years away from a (hopefully) early retirement. Fixed income allocation as part of total allocation (Equity/Fixed Income) - 75/25 stock/bond Allocation within the the fixed income allocation (Bond funds, CDs, Money Market, e...
by aj76er
Wed Oct 24, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9367

Re: When do you stop withdrawing from stocks in a downturn?

Continue taking stock dividends as cash, and if your stock allocation is below your desired percentage then take the remaining withdrawal from bonds as needed. Additionally, you could re-balance into stocks from bonds to bring your asset allocation back to desired percentages. If you are uneasy doin...
by aj76er
Fri Oct 19, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105858

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I just looked at the price charge for VEU (Total International Vanguard ETF) and in August 2008 before the Financial Crisis kicked in, the ETF traded in the low 48s. Price today: 48.28. That's more than 10 years of earning nothing other than the dividend. Incredible. And the 48 back in 2008 was alr...
by aj76er
Thu Oct 18, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Tilting One More Step Beyond USA vs non-USA
Replies: 14
Views: 1247

Re: Tilting One More Step Beyond USA vs non-USA

I think a US investor tilting a little bit to BRK in a taxable account could make sense in order to reduce the portfolios overall tax cost. But I would not recommend going all in. Not enough diversification. Up to 10% of port seems okay to me, but not more than that. Just my 2cents
by aj76er
Wed Oct 17, 2018 1:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 354
Views: 38842

Re: U.S. stocks continue to soar!

whodidntante wrote:
Tue Oct 16, 2018 11:55 pm
What... is the air-speed velocity of an unladen swallow?
What do you mean, an African or a European swallow?
by aj76er
Sun Oct 14, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3147

Re: Better to invest in taxable and not deferred?

Aside from tax rates pre and post retirement, one must consider the time value of money, in which a dollar of tax savings today is worth more than a dollar of tax savings in the future. The reason for this is two-fold: inflation continually erodes the purchase power of a dollar, and long-term compo...
by aj76er
Sun Oct 14, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3147

Re: Better to invest in taxable and not deferred?

Aside from tax rates pre and post retirement, one must consider the time value of money, in which a dollar of tax savings today is worth more than a dollar of tax savings in the future. The reason for this is two-fold: inflation continually erodes the purchase power of a dollar, and long-term compou...
by aj76er
Fri Oct 12, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in a taxable brokerage account
Replies: 3
Views: 468

Re: Bonds in a taxable brokerage account

Based on your tax bracket, you should look into selling the two bond funds and rolling them into Vanguard intermediate-term Municipal Bond Fund, vwiux. I believe if you have these in a Vanguard Brokerage you can simply do an Exchange on them and into vwiux (look for a button near the buy sell button...
by aj76er
Tue Oct 09, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105858

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Is there something I am missing here ? If so, what is it ? For one thing, there is no objective definition for what is "closely" correlated and what is not. You might say a correlation of 0.66 is "close" and someone else might say "not close". For a second thing, Global Ex-US isn't the only interna...
by aj76er
Fri Oct 05, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is the BOMB!
Replies: 32
Views: 5299

Re: Mr. Money Mustache is the BOMB!

livesoft wrote:
Fri Oct 05, 2018 3:19 pm
It's probably better to have a Stealth Mustache.
+1
by aj76er
Fri Sep 28, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4581

Re: Warren Buffet Portfolio Critique

The 90/10 stock/bond is an AA that most target retirement funds start out as these days. However, they tend to be more globally diversified. For those with 50x or greater portfolios, I think it's a fine allocation. For those retiring with smaller portfolios, having more bonds can actually improve th...
by aj76er
Thu Sep 27, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 96
Views: 25533

Re: Tracking progress to $1M portfolio and no mortgage by 40

This is a very motivating thread, can people in tech sales tell me how do you get into that kinda job? I have had a late start in my career and right now looks like the only way to have that kinda portfolio is by having a high paying job, which will allow you to have a substantial savings each year...
by aj76er
Wed Sep 19, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 11889

Re: Age in Bonds - Still Recommended?

HEDGEFUNDIE and nasrullah: I think it is dangerous to maintain a 100% stock allocation right up to the day you retire. What happens if we have a bad bear market the year before retiring? Answer: There goes your retirement. :( It is no accident that ALL target funds decrease their stock allocations ...
by aj76er
Wed Sep 12, 2018 12:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Portland, Oregon
Replies: 141
Views: 45733

Re: Master Thread for Portland, Oregon

Thanks to all who attended last night for the interesting discussion :). As promised, here are the links to a study done by forum member Saimond that examines U.S./International stock split. It was greatly influential in determining my own asset allocation. https://finpage.blog/2017/03/18/investing-...
by aj76er
Sun Sep 09, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 75501

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Perhaps this was mentioned up-thread, but is there a good metric for when to get into these funds? For example, is now an okay time, or would you wait until AUM reached a minimum threshold (eg $1B). Perhaps wait and see how they track against comparable benchmarks? Anyway, just curious what others a...
by aj76er
Fri Sep 07, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: hold US or Int'l index fund in taxable account?
Replies: 9
Views: 1630

Re: hold US or Int'l index fund in taxable account?

I faced this decision a number of years ago and bought roughly equal amounts of Total Stock Market and Total International Stock Market in my taxable account. I kept things balanced by adding new money in taxable and rebalancing US and International in my retirement accounts. I would recommend my 2...
by aj76er
Sun Sep 02, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105858

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Has anyone studied the long-term impact of foreign tax costs with international equities? To make the analysis uniform, one could just consider tax sheltered investments. I know that in recent years, the foreign tax as a percentage of dividends is something like 6%. Assuming ~3% dividend rate, this ...
by aj76er
Wed Aug 29, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13776

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

Over the "long-term" (which is you in this case only being 28 you may have 60 years of investing left) bonds are the riskier asset class not stocks. If you want to be ultra conservative go 80/20 stocks:bonds -- 90/10 would be my preferred AA if I wanted bonds for some reason. This, and all the simi...
by aj76er
Tue Aug 28, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: International investing and currency risk - why do it?
Replies: 43
Views: 3007

Re: International investing and currency risk - why do it?

a) Currency risk is bad, but it is not all that bad and it more than offset by other things that are good. b) Currency risk is not bad, because it doesn't lower return. c) Currency risk is good, because the random fluctuations around zero return magically add valuable diversification. d) Currency r...
by aj76er
Tue Aug 28, 2018 10:37 pm
Forum: Investing - Theory, News & General
Topic: Playing with Callan's periodic tables of investment returns
Replies: 81
Views: 6894

Re: Playing with Callan's periodic tables of investment returns

Why not take a look to stocks in other countries? Let's come back to the past 20 years, and compare some of the largest stock markets. Annual returns are nominal, expressed in the local currency. Data source: MSCI . http://i.imgur.com/ptasxa4h.jpg Very nice work! Would it be possible to also includ...
by aj76er
Fri Aug 17, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: What is the settlement time for T-bills held in a brokerage account?
Replies: 19
Views: 1279

Re: What is the settlement time for T-bills held in a brokerage account?

I've recently sold T-bills on the secondary market at Fidelity and the value of the sale was instantly available to trade.
by aj76er
Thu Aug 16, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105858

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

A while back someone posted research of safe withdrawal rates of different countries (invested 100% in said country). Then compared it to world cap-weighted portfolio. https://finpage.blog/2017/03/18/investing-in-the-world-part-1/ https://finpage.blog/2017/03/25/investing-in-the-world-part-2/ https...
by aj76er
Sat Aug 11, 2018 1:38 am
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 151
Views: 20111

Re: International stocks in free fall

I started a taxable account at the end of last year. Up to now it's been entirely fusvx. Today I plunked down my first buy of ftpix in that account. It's been growing in size and messing up my us vs international asset allocation and I've been wanting to move more to a 3 fund in taxable. Good day t...
by aj76er
Thu Aug 09, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Which bond asset class best protects against stock market crash?
Replies: 9
Views: 1179

Re: Which bond asset class best protects against stock market crash?

Paul Merriman suggests the following for one's bond allocation: 50% intermediate term treasuries 30% short term treasuries 20% TIPS Alternatively, you could explore the use of international bond funds, but the currency hedging tends to make them behave similar to a domestic bond fund. A total market...
by aj76er
Mon Aug 06, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 195
Views: 22012

Re: Treasury Bonds are the Only Bonds You Need

Concerning the subject of this thread, the following may be a worthwhile read: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=2409 Within that thread, the OP's own conclusion is as follows: The answer seems to be closer to intermediate treasuries than to long-term treasuries. At one stage I s...
by aj76er
Wed Aug 01, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 75501

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I merged several duplicate topics into this first one by jhfenton (the system orders by time). (Me personally I would still not use the funds; for tax reasons and because I'm not receiving the full rewards of the risks they take with my money in securities lending) Would you elaborate? Thanks Sure....
by aj76er
Sun Jul 29, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6832

Re: Retirees: how much cash?

But were you really selling stock in a down market? if you had bonds you were likely selling stock in your taxable account and then rebalancing into stock from bonds in your tax-sheltered accounts. Government and investment-grade bonds held their own during the 2008-2009 crisis, and even had positi...
by aj76er
Sat Jul 28, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6832

Re: Retirees: how much cash?

2008-09 taught me, a 20 year retired person living off of savings and SS only, to keep 3 to 5 years of normal withdrawals in safety (cash, checking, money market, CDs. fixed term immediate annuities and short term bond funds) so that I won't have to sell and draw from stock containing investments i...
by aj76er
Thu Jul 26, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: $25k cash to invest - lump sum into Taxable or monthly into 401k?
Replies: 11
Views: 795

Re: $25k cash to invest - lump sum into Taxable or monthly into 401k?

Also, make sure your employer will "true up" any matching if you max out your contributions before the end of the year. A call to your plan administrator (eg Fidelity) would be able to clarify this.
by aj76er
Tue Jul 24, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Need help creating an ETF portfolio
Replies: 22
Views: 1921

Re: Need help creating an ETF portfolio

I was also thinking about maybe investing in 25 separate dividend stocks. Look into the ETF VIG, which tracks the dividend achievers index. Designed to hold companies that have consistently raised their dividends over time. It's rather expensive at the moment though (highish P/E). International sto...
by aj76er
Sun Jul 22, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Value Stocks and Margin Loans as Inflation Hedges
Replies: 12
Views: 1046

Re: Value Stocks and Margin Loans as Inflation Hedges

Inflation can be due to a number of things. If it is localized due to money supply issues, then unhedged foreign equities seen like a good hedge. However if inflation is due to a global phenomenon, like an energy crisis or environmental issue, then global equities could all go down together.
by aj76er
Fri Jul 20, 2018 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing 85% of 401k contribution going to bonds
Replies: 21
Views: 2785

Re: Realizing 85% of 401k contribution going to bonds

You could use Ibonds to eke out a bit more tax deferred space. I have the same issue, and I figure my 401k bond % is about 10% less due to Ibond spillover.
by aj76er
Wed Jul 18, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 16079

Re: Why is leveraging property good but leveraging stocks bad?

With a 1031 exchange, I think you will eventually need to pay capital gains tax including the depreciation recapture if the property is ever sold, right? Not if you hold the property until death. Your kids inherit it, and then get a step-up in tax basis, wiping out the capital gain. Plus they get t...
by aj76er
Tue Jul 17, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 206
Views: 16079

Re: Why is leveraging property good but leveraging stocks bad?

I understand the basic concept and mechanic of leverage and how it acts as a double-edged sword, magnifying both gains and losses. What I don’t understand is why leverage is frowned upon for stocks but not for property where leverage is usually 5x. Investment property comes with favorable tax treat...
by aj76er
Thu Jul 12, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: What's your *real* asset allocation?
Replies: 30
Views: 3391

Re: What's your *real* asset allocation?

As part of my rebalancing portfolio spreadsheet, the last sheet tracks overall net worth which is a rough estimate of all of my assets. In this sheet I lump everything into broad asset categories (equities, fixed income, real estate). I do this as more of a curiosity, but I do assign very rough rang...
by aj76er
Wed Jul 11, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9547

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

willthrill81 wrote:
Tue Jul 10, 2018 2:38 pm
Even through these rough periods for bonds, they never dropped in real value as precipitously as stocks have (e.g. -50% in a single year).
Isn't the -50% equity drop in 2008-2009 in nominal terms? Because that was a deflationary recession, wouldn't it have been less of a drop in real terms?
by aj76er
Tue Jul 10, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to Automatically Determine the US/xUS Global Market Weight of Equities?
Replies: 5
Views: 438

How to Automatically Determine the US/xUS Global Market Weight of Equities?

I was thinking that the googlesheet IMPORTXML() function could be used to extract US global market weighting from Vanguard's VT page (https://investor.vanguard.com/etf/profile/portfolio/vt). But I'm not sure how to go about implementing that. Or perhaps there is another way? I realize that it's pret...
by aj76er
Tue Jul 10, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 16414

Re: Retirement Destination - are you happy with your choice?

Ended up buying 40 acres in Southern Oregon and building a home. When the home was finished, we sold the motorhome. We ended up farther north than CurlyDave .... central Oregon, north of Bend Don't the high state income taxes in Oregon give you some concern? I currently live here, and would love to...
by aj76er
Mon Jul 09, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Fidelity cash position
Replies: 55
Views: 7783

Re: Fidelity cash position

Theoretical wrote:
Fri Jul 06, 2018 6:55 pm
I use FCONX, the Conservative Income Fund for cash.
Will Fidelity auto-pull from this fund, or is it just MM funds?
by aj76er
Mon Jul 02, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8678

Re: What % of your equity is int’l?

I start at global market weight, and then tilt to domestic equities for a couple of reasons: * increased correlation to domestic inflation (as my future liabilities are more likely to be correlated to domestic market movements) * Decreased short-term volatility due to foreign currency fluctuations S...
by aj76er
Sun Jun 24, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35811

Re: What is/ was your career and would you recommend it now?

I am in a software engineering position and would not recommend it to anyone; even those with an aptitude for it. It is just too much of a crapshoot as to whether your particular work environment will be enjoyable and/or sustainable. The ideal situation occurs if you can graduate at a time when high...