Search found 601 matches

by aj76er
Sun Dec 09, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]
Replies: 16
Views: 1289

Re: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]

According to triceratop's spreadsheet, there is a big tax efficiency difference is between the total international stock market funds, IXUS and VXUS. In a taxable account, I think it makes sense to go with IXUS. From what I can tell, VTI and ITOT are nearly identical in terms of tax efficiency and a...
by aj76er
Sat Dec 08, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Guitar Players -CAGED system
Replies: 22
Views: 2169

Re: Guitar Players -CAGED system

The CAGED system is great for visualization of the fret board. I mostly use it as a reference (or framework) for playing solos anywhere on the guitar neck. For example, it gives you good "landing spots". Also, it's good for 2 and 3 note chords up and down the neck. For example, the G/B/E strings of ...
by aj76er
Fri Dec 07, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Understanding TIPS
Replies: 36
Views: 3373

Re: Larry Swedroe: Understanding TIPS

I think the liquidity risk of TIPS goes understated (refer to 2008, when it showed up at exactly the wrong time). Of course, there is a premium to be payed for the liquidity of nominal treasuries (as Swedroe points out). I think finding a balance between nominals and inflation-linked bonds is a pers...
by aj76er
Thu Dec 06, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12606

Re: Who else is getting excited? [about the market]

I did a lot of TLH today and rebalanced my portfolio. Not only will it give me a tax break, but my portfolio also got a lot simpler. At the end of it all, I admit to being a little excited.
by aj76er
Thu Dec 06, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8614
Views: 1680080

Re: U.S. stocks in freefall

Well, I've been waffling about doing TLH this year (and just leaving things alone), but today Mr. Market made an offer too good to refuse :) I was able to exchange my entire VXUS position for IXUS (Total International Market). Furthermore, I TLH'd an entire year of VTI (Total US Market) contribution...
by aj76er
Mon Dec 03, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17980

Re: Bogle Sounds a Warning on Index Funds

This could be solved by having every owner of an index fund take a questionnaire that would train an algorithm to vote how the investor prefers. Then voting preferences could be applied per each investor automatically. Every year the questionnaire could be retaken to capture improvements in both tec...
by aj76er
Tue Nov 27, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 119
Views: 7082

Re: What is your allocation to U.S. and International?

The problem with 50/50 is the same problem as 60/40 and 70/30. They all depend on reversion to some sort of mean. Look at the US proportion from 1900. It was around 15% of the world markets. If you then decided then 15:85 was the "correct" long term ratio and rebalanced it back to that each year, y...
by aj76er
Thu Nov 22, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8614
Views: 1680080

Re: U.S. stocks in freefall

For most of us, if you don't have to play the risk game we're better off to minimize what we invest in stocks. But we humans like the risk game and the prospect of winning, don't we? Casinos and lotteries shouldn't exist if we were rational, but we see that they take in untold billions. If you want...
by aj76er
Tue Nov 20, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5880

Re: The psychology of withdrawing from your portfolio

I'm still working and in accumulation phase, but in order to mentally prepare for eventual retirement, I have 100% of my (post-tax) paycheck deposited directly into my taxable brokerage account. About once per month, I log-in to my brokerage account and manually move enough money into a checking acc...
by aj76er
Thu Nov 15, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: 2 Fund Ports: Everything You NEED?
Replies: 32
Views: 3797

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: 684
Views: 48502

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: 8233

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: 7349

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: 7349

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: 137
Views: 10900

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: 1284

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: 8786

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: 9446

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: 107059

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: 1259

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: 411
Views: 46934

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: 3157

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: 3157

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: 483

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: 107059

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: 5363

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: 4616

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: 25747

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: 12070

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: 142
Views: 46884

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: 762
Views: 78723

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: 1636

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: 107059

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: 79
Views: 13831

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: 3037

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: 7101

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: 1289

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: 107059

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: 20235

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: 1190

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: 22572

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: 762
Views: 78723

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: 6864

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: 6864

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: 805

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: 1938

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: 1054

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: 2809

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: 16186

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...