Search found 1729 matches

by Electron
Fri Jun 15, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 139
Views: 13681

Re: Vanguard Municipal Money Market VMSXX 1.39%

More basic question: are the securities in Vang muni mm mostly short term paper from issuance, or are they longer bonds at or near maturity? The complete portfolio listings are available in the Annual Reports. A large percentage of the holdings are VRDOs. https://investor.vanguard.com/mutual-funds/...
by Electron
Fri Jun 15, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 139
Views: 13681

Re: Vanguard Municipal Money Market VMSXX 1.39%

In regards to the yield variations, the Municipal Bond Market is considered much less liquid than the Treasury Market and that should extend to the very short term securities as well. Part of the problem may be the very high number of different individual issues which translates to lower trading vol...
by Electron
Thu Jun 14, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 139
Views: 13681

Re: Vangaurd Municipal Money Market VMSXX 1.39%

The taxable Money Market funds at Vanguard are maintaining longer average maturities compared with the Municipal Money Market fund. That difference may be a factor in the after-tax yield comparisons. Treasury - Average Maturity 56 days - SEC Yield 1.79% Federal - Average Maturity 54 days - SEC Yield...
by Electron
Wed Jun 13, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 139
Views: 13681

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Why is there so much fluctuation in muni money market yields? I believe one factor is variation in the supply of new paper. Increased supply may increase yields while decreased supply may drive down yields. I've also seen a similar effect in longer term municipal securities near the end of the year...
by Electron
Tue Jun 12, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard Small Cap Index really small cap?
Replies: 32
Views: 1807

Re: Is Vanguard Small Cap Index really small cap?

You can also see the differences in the Median Market Cap reported in the Vanguard Annual Reports.

Vanguard Small-Cap Index Fund: Median Market Cap = $4.1B

Vanguard Tax-Managed Small-Cap Fund (S&P 600 Index): Median Market Cap = $1.8B
by Electron
Wed May 23, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2632

Re: Asset Class Forecasts

aburntoutcase wrote:
Tue May 22, 2018 3:48 pm
At this point, trailing 15-year total returns on the Vanguard Total Stock Market fund are 10.2% annualized, 10-year returns are 9.5% annualized.
The nine year return for VTSAX going back to May 23, 2009 is currently 15.86%.
by Electron
Tue May 22, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?
Replies: 26
Views: 1862

Re: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?

Morningstar shows Wellesley Income outperforming PONAX over 1, 3, and 5 years.

You can make the comparison on either the Chart tab or the Performance tab. I first brought up the information page for PONAX and then added VWIAX for the comparison.
by Electron
Mon May 21, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless, Unlocked Phones, Advantages, SIM Size
Replies: 10
Views: 773

Re: Cricket Wireless, Unlocked Phones, Advantages, SIM Size

Cricket phones do not have much bloatware that I've seen. Thanks once again. I currently have the Alcatel Idol 3 which has been updated from Android 5 Lollipop to Android 6 Marshmallow via the Cricket update. I agree on the minimal bloatware although last year a new file manager seemed to install w...
by Electron
Mon May 21, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless, Unlocked Phones, Advantages, SIM Size
Replies: 10
Views: 773

Re: Cricket Wireless, Unlocked Phones, Advantages, SIM Size

Just change your SIM from Micro to Nano. They might charge you $9.99 for the new SIM. The new SIM kits are all nano with adapters for micro and full sized SIM. Thanks very much for the reply. There is a local store here and I'll plan to stop in. I assume that the phone number remains the same and t...
by Electron
Mon May 21, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless, Unlocked Phones, Advantages, SIM Size
Replies: 10
Views: 773

Cricket Wireless, Unlocked Phones, Advantages, SIM Size

I'm currently using Cricket Wireless and wondering if there are advantages or issues moving to an unlocked phone. New phones with a SIM slot seem to have moved to the smaller Nano SIM. My phone uses a Micro SIM so it looks like the choice in unlocked phones will be limited. Any suggestions on an unl...
by Electron
Wed May 16, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: Roof TV Antenna Recommendation Needed
Replies: 23
Views: 1614

Re: Roof TV Antenna Recommendation Needed

There is a wide selection available from Channel Master.

https://www.channelmaster.com/Outdoor_Antennas_s/20.htm
by Electron
Fri May 11, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: Bond Fund Point of Indifference vs. Principle Recovery
Replies: 57
Views: 4926

Re: Bond Fund Point of Indifference vs. Principle Recovery

Here’s what I’ve been doing with VWALX, duration 6.8 years, turn over rate of 21%, risk factor of 3. It looks like the management of this “High-yield” bond fund is not nearly as risky as most “junk bond” funds. My time in this fund is to our deaths, perhaps 20-30 years, with no particular thought t...
by Electron
Mon May 07, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Bond Fund Point of Indifference vs. Principle Recovery
Replies: 57
Views: 4926

Re: Bond Fund Point of Indifference vs. Principle Recovery

The Wiki has a detailed explanation on the Point of Indifference under Bonds - Advanced Topics.

See the Paragraph on Duration.

https://www.bogleheads.org/wiki/Bonds:_advanced_topics
by Electron
Sat May 05, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: One space or two ...
Replies: 18
Views: 1496

Re: One space or two ...

Here is a good article on the subject. http://www.businessinsider.com/why-you-should-never-add-two-spaces-after-a-period-2015-5 I took a typing class back in the 1960s and we were taught to use two spaces. In the last month or so I became aware of this issue and have been trying to make the switch t...
by Electron
Thu May 03, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4278

Re: Vanguard High Yield Corporate - Another New Low in Dividend

I see an approx. avg. last couple years of a reduction in that month (Jan. or Feb.) of 12.5% of the dividend. The fund paid capital gains distributions of $0.0084 in March 2015, $0.021 in December 2015, and $0.002 in December 2016. It's possible those distributions were a factor. If reinvested, one...
by Electron
Thu May 03, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4278

Re: Vanguard High Yield Corporate - Another New Low in Dividend

It has that downward blip every year in either Jan. or Feb. Bond funds accrue income daily so the monthly payout depends on the number of days in the month. See my post above on February 5. If you have an account with Vanguard you should be able to see your accrued dividends every day. In my case, ...
by Electron
Wed May 02, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4278

Re: Vanguard High Yield Corporate - Another New Low in Dividend

Here is an updated chart on Vanguard High Yield Corporate showing the NAV and Dividend. The monthly dividend has rebounded from the low January payout. This does fit with my thoughts that losses in derivatives were a factor in the lower dividend. Note also that the NAV has continued its relatively s...
by Electron
Tue May 01, 2018 1:00 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 230
Views: 186270

Re: Please Try Out Test Posts Here

FiveK wrote:
Tue May 01, 2018 12:54 pm
Don't know any details, but did find . . .
Thanks once again. Here is some additional info.

http://forums.watchuseek.com/f530/posti ... 84343.html

"postimage.org recently was cited by the Internet's registrar for a domain definition problem and had to change to postimag.cc"
by Electron
Tue May 01, 2018 12:40 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 230
Views: 186270

Re: Please Try Out Test Posts Here

FiveK wrote:
Tue May 01, 2018 12:33 pm
Try changing ".org" to ".cc"
Thank you! I assume I need to edit previous posts. Any idea why that change is required?
by Electron
Tue May 01, 2018 12:26 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 230
Views: 186270

Re: Please Try Out Test Posts Here

Images that I uploaded to postimages.org in recent months have not been working for several days. Here is one example in the very first post. Only the word "Image" displays. If you start a reply by clicking on quote you can see the actual image link. https://www.bogleheads.org/forum/viewtopic.php?f=...
by Electron
Sun Apr 29, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Do Balanced Funds Capture Returns of Volatile Market?
Replies: 13
Views: 1145

Re: Do Balanced Funds Capture Returns of Volatile Market?

Keep in mind that Vanguard Wellington Fund has a 10% range for the stock and bond allocations, and Vanguard Wellesley Income and Tax-Managed Balanced have 5% ranges. Balanced Funds are meant as long term investments. The funds would generally not respond to short term volatility in the markets. Reba...
by Electron
Sat Apr 28, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Do Balanced Funds Capture Returns of Volatile Market?
Replies: 13
Views: 1145

Re: Do Balanced Funds Capture Returns of Volatile Market?

I looked through the Prospectus on the Vanguard Balanced Index Fund and couldn't find any information on rebalancing thresholds. They only mention that approximately 60% of assets are allocated to stocks and approximately 40% of assets are allocated to bonds. To minimize transaction costs and also a...
by Electron
Fri Apr 27, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds Capturing Large Percentage of Stock Market Return
Replies: 15
Views: 1756

Re: Balanced Funds Capturing Large Percentage of Stock Market Return

Here is an update on the original post which did not include the ten year bond market return. All returns are effective as of 4-24-18. Ten year Total Stock Market Fund return (VTSAX) was 9.20% Ten year Total Bond Market Fund return (VBTLX) was 3.55% The ten year returns of the Balanced Funds as a pe...
by Electron
Wed Apr 25, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds Capturing Large Percentage of Stock Market Return
Replies: 15
Views: 1756

Re: Balanced Funds Capturing Large Percentage of Stock Market Return

Thanks all for the replies. The data I presented was effective 4-24-18 and from the Performance Tab on Morningstar. Under Trailing Total Returns you can select Daily, Monthly, or Quarterly which can result in different effective dates. Tax adjusted returns were not addressed which would be fine for ...
by Electron
Wed Apr 25, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds Capturing Large Percentage of Stock Market Return
Replies: 15
Views: 1756

Balanced Funds Capturing Large Percentage of Stock Market Return

I just compared the ten year returns on Morningstar for Vanguard Total Stock Market, Vanguard Balanced Index, Vanguard Wellington, Vanguard Wellesley, and Vanguard Tax-Managed Balanced. The balanced funds have captured large percentages of the ten year stock market return as represented by VTSAX (9....
by Electron
Sun Apr 22, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Wellesley January Price Drop? Why?
Replies: 27
Views: 3660

Re: Wellesley January Price Drop? Why?

I think this is an excellent example of why the Morningstar Star ratings are such a bad way to select funds. Look how broad that category is: 30-50% equity. No distinction between total market vs size tilts, no distinction between growth oriented and value oriented, no distinction between US and In...
by Electron
Fri Apr 20, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 13643

Re: Divs and Cap Gains are killing me

--STCG from internal fund operation are reported on 1099DIV box 2a. The box 2a (STCG) total flows to Sch D line 13 (for me last year), or the QDI & CG Tax Worksheet line 3 (for me this year). Box 2a on the 1099-DIV reports Long Term Capital Gains distributions which will be taxed at capital gains t...
by Electron
Thu Apr 19, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Wellesley January Price Drop? Why?
Replies: 27
Views: 3660

Re: Wellesley January Price Drop? Why?

To see it doing so poorly relative to it's category so far this year is...disheartening...and I do wonder if it has something to do with the management changes in 2017. It looks like the portfolio manager on the equity side has been with the fund for over ten years. Two credit specialists were prom...
by Electron
Sat Apr 14, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 13643

Re: Divs and Cap Gains are killing me

Thanks all - Guess I will, over the next coming years, since the Trailing Returns seem to match the S&P anyway, migrate some of my higher CG generating mutual funds into my Vanguard index stock funds. That sounds like a good approach. I did the same thing with a number of high turnover funds and wr...
by Electron
Fri Apr 13, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 13643

Re: Divs and Cap Gains are killing me

I just looked up my Cost Basis vs Mkt Value for the biggest ones... which I have held for a very long time - Not too bad overall. Make sure that the cost basis calculations include all reinvestments. You may want to do some tax planning. If your income exceeds a certain threshold you could be impac...
by Electron
Fri Apr 13, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 13643

Re: Divs and Cap Gains are killing me

Wonder if selling the funds, and buying their ETF twins would reduce/eliminate the CG in my taxable portfolio. Comparable ETFs may not be available for all the funds listed. I would suggest moving over time to only stock index funds which should eliminate the capital gains distributions in most cas...
by Electron
Fri Apr 06, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Any limit on IRA to ROTH in 60 day rules ?
Replies: 2
Views: 230

Re: Any limit on IRA to ROTH in 60 day rules ?

Here are the rules as posted by the IRS:

https://www.irs.gov/retirement-plans/ir ... -year-rule

If you are talking about Roth Conversions from Traditional IRA to Roth IRA, there are no limitations.
by Electron
Thu Mar 29, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Receive dividends from Index funds?
Replies: 23
Views: 2021

Re: Receive dividends from Index funds?

Taking the dividends from a taxable account is fine as there is no additional tax impact. Another option might be selling any shares you hold that are at a capital loss. See the article referenced below on Tax Loss Harvesting. Also review the section on Wash Sales. https://www.bogleheads.org/wiki/Ta...
by Electron
Mon Mar 19, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments
Replies: 19
Views: 2542

Re: ETFs that Mimic VG Wellesley's & VG Wellington's Equity Investments

You might also explore the Dividend ETF offerings from WisdomTree.

https://www.wisdomtree.com/-/media/us-m ... .pdf?la=en

As already mentioned, Wellesley and Wellington are actively managed funds while most ETFs track an index.
by Electron
Thu Mar 15, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Is the investment-grade vs. junk bonds divide arbitrary?
Replies: 16
Views: 1754

Re: Is the investment-grade vs. junk bonds divide arbitrary?

Is there any academic support for the dividing line between investment grade and junk being set where it is? Wikipedia has an excellent summary on Bond Credit Ratings with a lot of detailed information. The dividing line that you mention is between Lower Medium Grade and Non-Investment Grade Specul...
by Electron
Thu Mar 15, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: Is the investment-grade vs. junk bonds divide arbitrary?
Replies: 16
Views: 1754

Re: Is the investment-grade vs. junk bonds divide arbitrary?

I think it's quite possible that (say) only AA bonds are safe enough to fulfill the bond role. Or on the other hand, it might be that even B- grade bonds would provide enough safety while enhancing return. The answer may be different for a long term investor versus someone with a shorter term time ...
by Electron
Thu Mar 01, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

Another difficulty with Form 1116 is the section on Deductions and Losses in Part I. As seen in this forum, individuals don't always agree on the specific calculations even after studying the Instructions and Publication 514 in detail. The different Tax Software programs also handle some of the dedu...
by Electron
Thu Mar 01, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

The IRS stores tax returns for 7 years, and they store the form 1116 carryover amounts in your Individual Master File. They can check your calculations if they need to. Thanks for all the information on the different points. I didn't know about the Individual Master File at the IRS or the seven yea...
by Electron
Wed Feb 28, 2018 11:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Short-Term Investment Grade Bond Fund - Gamesmanship???
Replies: 27
Views: 2262

Re: Vanguard Short-Term Investment Grade Bond Fund - Gamesmanship???

Another interesting discussion related to this fund is the use of derivatives. The monthly dividends vary more than you might expect even after adjusting for the number of days in the month. I believe that derivatives are a factor. One example was September 2016 when the dividend declined 28% from t...
by Electron
Wed Feb 28, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

Andy - Thanks for the interesting history on your experience with the Foreign Tax Credit. It sounds as though Price Waterhouse did a first-rate job on your tax return. nalor511 - I think the reason that Form 1116 does not calculate a carryforward is that there are several different carryforward amou...
by Electron
Wed Feb 28, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

The thing I don't get about form 1116 is, if you paid (for example) $200 in foreign tax, but due to the ratio/calculation you can only take $100 in credit this year, why isn't there a line listing the amount that gets carried forward to next year? Form 8801 for the AMT credit has a line for carryfo...
by Electron
Tue Feb 27, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes for MRD
Replies: 8
Views: 739

Re: Paying estimated taxes for MRD

I would also calculate the Safe Harbor amount based on last year's tax return. That amount would be paid in four equal quarterly installments. See Form 1040-ES or Form 2210 for the required payment. Form 2210 also allows unequal payments throughout the year using the Annualized Income Installment Me...
by Electron
Tue Feb 27, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

Form 1116 Line 10 is labeled "Carryback or Carryover (attach detailed computation)". That seems to imply that the attached computation would take priority over any information provided in previous filings of Form 1116. It seems unlikely that the IRS would store that information for future use. It's ...
by Electron
Mon Feb 26, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit
Replies: 33
Views: 3134

Re: Tax question: Foreign Tax Credit

I think the question is answered in Publication 514. See Example 2 on Page 23. Year Limit Paid Unused foreign tax (+) or excess limit (-) 2012 $600 $800 +200 2013 $600 $700 +100 2014 $500 $700 +200 2015 $550 $400 −150 2016 $800 $700 −100 2017 $500 $550 + 50 "You cannot carry the $200 of unused forei...
by Electron
Sun Feb 18, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Why not tax-exempt bonds?
Replies: 23
Views: 2787

Re: Why not tax-exempt bonds?

In addition to evaluating the after-tax return for both cases, you may want to consider any secondary effects. Social Security taxation can be impacted by both taxable and tax-exempt income, but note that the tax-exempt income may be less. Tax-exempt income can also impact Medicare Premium Surcharge...
by Electron
Sat Feb 17, 2018 12:35 am
Forum: Investing - Help with Personal Investments
Topic: High earners need help with IRAs
Replies: 9
Views: 1286

Re: High earners need help with IRAs

After contributing to company plans, you may want to consider the Backdoor Roth, the Non-Deductible IRA, and Taxable Accounts. The Non-Deductible IRA is generally considered the least attractive of the various IRA choices. Keep in mind that tax rates may change in the future and there may be a benef...
by Electron
Mon Feb 12, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 taxes and AMT
Replies: 13
Views: 1918

Re: 2018 taxes and AMT

Even though AMT excludes a number of deductions, all may not be lost. It is possible for the additional tax under AMT to be only $1.00. The reason for this is that the AMT Exemption varies over a wide range. As a result, the total income taxed under AMT may be higher, but the AMT Exemption may be hi...
by Electron
Sun Feb 11, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4278

Re: Vanguard High Yield Corporate - Another New Low in Dividend

The 0.3% difference in annualized 10-year return between my 7.2% projected and 6.9% actual was the roll-down in return on income reinvestment over the past five years as interest rates fell. It was not due to greater defaults. Going forward, we may see that reverse as rates rise. Hence, a fair proj...