Search found 573 matches

by aj76er
Wed Sep 19, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 10137

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: 44654

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: 737
Views: 70127

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: 1590

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: 1051
Views: 82225

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: 13568

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: 2937

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: 6639

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: 1241

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: 1051
Views: 82225

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: 19907

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: 1155

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: 188
Views: 19947

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: 737
Views: 70127

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: 6644

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: 6644

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: 748

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: 1865

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: 991

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: 2707

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: 15542

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: 15542

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: 3308

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: 9250

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: 415

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: 16112

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: 7180

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: 8357

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: 34811

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...
by aj76er
Fri Jun 22, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 69
Views: 11298

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I closed my Ally no penalty CDs a few weeks ago and bought 3mo T-bills at auction. For me, the state tax benefit made it worth it. Hi, could you please explain what the procedure is for doing this? I am newb to this. Thanks. The procedure for closing your no-penalty Ally CD or the procedure for pur...
by aj76er
Thu Jun 21, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: US Small Cap Value Funds
Replies: 14
Views: 1407

Re: US Small Cap Value Funds

I view VBR as more of a valuey extension index because it has a lot of mid-caps. I think it better compliments an S&P 500 fund than a total US market fund.
by aj76er
Wed Jun 20, 2018 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Short-term Treasury ETF vs just buying Treasuries
Replies: 41
Views: 3212

Re: Short-term Treasury ETF vs just buying Treasuries

Hello, The iShares Short Treasury ETF (SHV) has an SEC yield of 1.84% and a duration of 0.39 yr. But apparently I can get a 3-month Treasury with an SEC yield of 1.97%. If I wanted to match the duration of the iShares ETF I could make a ladder of 9-month treasuries and that would give me an SEC yie...
by aj76er
Wed Jun 20, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 69
Views: 11298

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I closed my Ally no penalty CDs a few weeks ago and bought 3mo T-bills at auction.

For me, the state tax benefit made it worth it.
by aj76er
Tue Jun 19, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: New Capital One 360 ACH limits
Replies: 63
Views: 13643

Re: New Capital One 360 ACH limits

I too have been a customer since the ING days (~2005), but lately have noticed a slow deterioration in the website and support. I only use the checking account now as a 'hub' account to pay a few bills. However, I'm considering moving everything over to Ally as the website and support seems much bet...
by aj76er
Mon Jun 11, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Multi-Asset vs. Simple Portfolio, 1970-2017
Replies: 37
Views: 3255

Re: Multi-Asset vs. Simple Portfolio, 1970-2017

While the portfolio comparison data was in a spreadsheet, it seemed worthwhile to calculate the Sharpe ratios of the two portfolios for each of the 5 decades: https://i.imgur.com/kBRZSjq.jpg Note: The 2010s includes the eight-years from 2010-2017. The Sharpe ratio of the multi-asset portfolio was a...
by aj76er
Mon Jun 04, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 89
Views: 8029

Re: What is your Take Home Pay / Gross Pay ratio?

Does this mean you have to pay estimated taxes? I had to do that once at the state level (due to a sale of a rental property) so I'm always hesitant to withhold all taxes from paycheck.
by aj76er
Mon Jun 04, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 89
Views: 8029

Re: What is your Take Home Pay / Gross Pay ratio?

~45%

Max 401k, max HSA, and other typical mega Corp expenses (medical insurance premiums, LT disability premiums, etc)

Also a little extra withholding for taxes (historically to make up for ESPP sales), but I'm thinking of stopping this, which would bump the percentage closer to 50%
by aj76er
Mon Jun 04, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 57
Views: 11058

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

I was wanting to buy a 13-week T-bill at the next auction on 6/11. If I wanted to buy at Fidelity, would I do this at: Investment Products->Fixed Income->Individual Bonds->Find Bonds->New Issues->Treasury Currently it shows "0" are available, So I'm just wondering if bonds show up here just before t...
by aj76er
Mon Jun 04, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10584

Re: What are you doing with cash?

When you guys use Vanguard Money Market, do you write checks and use this account as a regular bank account? Isn't this a bit more dangerous because the routing/account number is more exposed and mutual fund money market doesn't have a bank protection? Enlighten me. I think you have a good and ofte...
by aj76er
Mon Jun 04, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Getting started with Non-retirement account
Replies: 15
Views: 1168

Re: Getting started with Non-retirement account

Unless saving for something else besides retirement, I would max out wife's 401k before opening a taxable account. When it is time to open a taxable account, I would open it as a joint account and not 2 separate ones. Munis come into play at about the 28% bracket. You could start with ETFs if you w...
by aj76er
Sat Jun 02, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9336

Re: Really bad days (RBDs) and porfolio performance

I always have money to buy equities since I have about 30% of my portfolio normally (not always, because I have a range!) in fixed income funds. Perhaps a bit of off-topic from the thread, but I would like to know your strategy for adjusting your stock/bond ratio. Does it depend on valuations (e.g ...
by aj76er
Sat Jun 02, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3384

Re: HSA as retirement vehicle

When using your HSA to pay for current medical expenses, one trick you can do is to first charge everything on a points credit card, and then reimburse yourself out of the HSA to pay off the credit card.
by aj76er
Thu May 31, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 100
Views: 14597

Re: Have $3m at 33, "approach to career" advice needed

There's a whole community of financially independent early retired folks with kids. You may want to check out some blogs or get on some of those discussion boards to get some ideas and perspective. The MMM forum is pretty active. Thank you. Do you have any specific ones that you recommend? I've rea...
by aj76er
Thu May 31, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4391

Re: steel cut oats in bulk

I buy Bob's Red Mill Organic Steel Cut Oats 7lbs bag at Costco. It is typically stocked where I live (around Portland, OR). However, my parents have informed me that they cannot get it at their Costco (in Memphis, TN). So, it's dependent on location.
by aj76er
Wed May 30, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 100
Views: 14597

Re: Have $3m at 33, "approach to career" advice needed

There's a whole community of financially independent early retired folks with kids. You may want to check out some blogs or get on some of those discussion boards to get some ideas and perspective. The MMM forum is pretty active.
by aj76er
Wed May 30, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: ITOT versus VTSAX
Replies: 25
Views: 2210

Re: ITOT versus VTSAX

drk wrote:
Tue May 29, 2018 11:02 pm
vineviz wrote:
Tue May 29, 2018 10:15 pm
ITOT Expense Ratio: 0.03%
VTSAX Expense Ratio: 0.04%

That's 25% cheaper! :wink:
Ah, but BlackRock only gives you 71% of the securities lending revenue.
This. And VTI has larger AUM with smaller bid/ask.
by aj76er
Tue May 29, 2018 2:26 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 11347

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

folks should pick an asset allocation, quit thinking they can predict these things and stay the course. When I eventually get back into the bond fund, I will try to remember to post here regarding whether I was able to avoid any losses by temporarily going to the MMF. After contemplating my situati...
by aj76er
Mon May 28, 2018 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 4178

Re: When and how often do you rebalance

My IPS says to rebalance both annually and according to 5/25 bands. However I'm considering just doing down to annually (and ignoring bands). If you backtest in www.portfoliovisualizer.com, you'll see that annual rebalancing was optimal. That is, it produced better results than more frequent rebala...