Search found 155 matches

by GMan82
Sun Jul 22, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Union Bank 18-month CD @ 2.75% APY
Replies: 33
Views: 3418

Re: Union Bank 18-month CD @ 2.75% APY

Interesting. I hadn’t noticed that VMSXX dropped so much. I’ve been calculating my TEY of VMSXX to be 0.96 / (1-0.35-0.038). I figured the net investment tax didn’t come into play with munis and state tax is charged regardless so I didn’t subtract that. So yes, TEY is about 1.56%. I don’t have much ...
by GMan82
Sun Jul 22, 2018 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Union Bank 18-month CD @ 2.75% APY
Replies: 33
Views: 3418

Re: Union Bank 18-month CD @ 2.75% APY

The Andrews deal seems good, but probably still not good enough for me. I’m at 35% federal bracket and 6% GA bracket. Factor in extra medicare taxes, net investment tax for those of us making >$200k, and I think VMSXX (Vgd Muni MMF) is still a better yielding, safe bet after taxes are concerned. At ...
by GMan82
Mon Jul 02, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 23943

Re: More commission free ETFs coming to Vanguard

That’s interesting. I wonder if IJS (Sp 600 SCV) will be on that list.

Are there good ETFs out there that aren’t vanguard based but still good for the index investor? I can’t imagine there’s that much unless you invest in active funds.
by GMan82
Fri Jun 29, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7984
Views: 1621082

Re: U.S. stocks in freefall

But does it really make a difference in the long run to be out for 31 days? I could have sworn I’ve seen Taylor post about it not having that much of an impact. Yes, it can definitely make a difference. One sells at a loss when the market is down which is exactly the time to be buying. If one only ...
by GMan82
Wed Jun 27, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7984
Views: 1621082

Re: U.S. stocks in freefall

But does it really make a difference in the long run to be out for 31 days? I could have sworn I’ve seen Taylor post about it not having that much of an impact.

I do see your points though.
by GMan82
Mon Jun 25, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7984
Views: 1621082

Re: U.S. stocks in freefall

Ooh this is the first time I’m going to attempt TLH. Estimating about $1000 in short term losses in VTIAX (Total Intl). 35% federal bracket, so I’m happy. Vanguard warned that July 25 is 30 days as part of their frequent trading policy, so that means I have to wait until July 26 to reinvest right? ...
by GMan82
Mon Jun 25, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7984
Views: 1621082

Re: U.S. stocks in freefall

Ooh this is the first time I’m going to attempt TLH. Estimating about $1000 in short term losses in VTIAX (Total Intl). 35% federal bracket, so I’m happy. Vanguard warned that July 25 is 30 days as part of their frequent trading policy, so that means I have to wait until July 26 to reinvest right? I...
by GMan82
Thu Jun 14, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Bidding for airline flight class upgrade
Replies: 9
Views: 1516

Re: Bidding for airline flight class upgrade

I’ve done it on Virgin Australia (Econ—>Business) domestically and on Singapore Air (Econ—>Business, no PE Class in this aircraft) from Perth to Singapore. I thought it was worth it because they were lie flat seats on flights > 4 hours. I paid about $650 for the international flight (5.5 hours) and ...
by GMan82
Sat Jun 02, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 293
Views: 49615

Re: TLH for absolute dummies [Tax Loss Harvesting]

Thanks as usual, @Livesoft! Yup, I keep a copy of my tax returns in my Dropbox, so I guess I would be tracking it. I had no idea the tax returns kept track of your TLH carryover! Now I really feel like I’ve been missing out! I plan on adding Intl Small Cap (VSS) to my Taxable. I’m not sure of a TLH ...
by GMan82
Sat Jun 02, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 293
Views: 49615

Re: TLH for absolute dummies [Tax Loss Harvesting]

Quick question, after having gone through this whole thread. I have no opportunities to TLH yet as all my shares in taxable (VTSAX and VTIAX) all have some gain, and this goes back to Sept 2015. In any case, I'm pretty sure an opportunity will eventually present itself. How are losses that can be ca...
by GMan82
Wed Dec 27, 2017 10:59 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 27811

Re: Muni Money Market funds starting to look good!

The Vanguard municipal fund seems like a good spot to park savings for things like a new car or other large purchase expected within a year. That’s what I use it for. Only now, being in the new “35%” bracket (formerly 33%) bracket, it seems almost like a no-brainer to use that fund, even moreso than...
by GMan82
Wed Oct 18, 2017 3:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 129
Views: 36300

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Hmm. This is an interesting prospect. I currently manage my mother's small taxable account for her. $40k basis worth about $47k now. Acct opened around Christmas 2015. It is invested 60/40 with 25% of stocks international and 10% stocks as REITS in 3-fund + REITS. She has no income to declare so the...
by GMan82
Mon Oct 16, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: Barclays Increase APY to 1.30%
Replies: 9
Views: 1099

Re: Barclays Increase APY to 1.30%

My Ally account shows 1.2% at the moment
by GMan82
Tue Aug 01, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: 100K milestone - Thank you BH!
Replies: 15
Views: 2447

Re: 100K milestone - Thank you BH!

Congratulations! It's certainly an achievement. I'm 34 at the moment and passed $100k net worth 2 months ago. It's a nice feeling and took some work to get finances in order, thanks in no part to the members here and others (like the white coat investor).

Cheers! :sharebeer
by GMan82
Tue Jul 25, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: First-time home buying: New Construction Condo in Atlanta
Replies: 12
Views: 1658

Re: First-time home buying: New Construction Condo in Atlanta

Thanks for the advice. I'll talk to my realtor. I'm starting my 3rd year out of fellowship training and probably still have time to let things settle out before I commit to a big purchase. Plus I spoke to my family and once I said I was re-thinking things, all of a sudden their opinions changed and ...
by GMan82
Mon Jul 24, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: First-time home buying: New Construction Condo in Atlanta
Replies: 12
Views: 1658

Re: First-time home buying: New Construction Condo in Atlanta

Hmm. All food for thought. Thanks for all the insight. I have some time still before I need to give them my final say.
by GMan82
Sun Jul 23, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: First-time home buying: New Construction Condo in Atlanta
Replies: 12
Views: 1658

Re: First-time home buying: New Construction Condo in Atlanta

They've mostly been building apartments because the condo/townhouse market got hit HARD in 2008. We're talking $900k townhomes selling for under $200k a year later. Hence, there's a short-term shortage of condo inventory. But since they are so easy to build, now that prices are appreciating again t...
by GMan82
Sun Jul 23, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: 6 Index Funds That Are Cheaper than Vanguard
Replies: 13
Views: 3478

Re: 6 Index Funds That Are Cheaper than Vanguard

What about tax efficiency? They're all index funds, but Vanguard has the advantage of ETF share classes, so that 0.01% ER is made up for by having no capital gains distributions. Right?
by GMan82
Sun Jul 23, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: First-time home buying: New Construction Condo in Atlanta
Replies: 12
Views: 1658

Re: First-time home buying: New Construction Condo in Atlanta

Just a warning, there had been EXTREME overbuilding of condos in Atlanta going back to 2000 and prices have barely budged over that period even in desirable parts of town like midtown and vahi. Don't expect to see much if any appreciation over even long periods of time with a condo. That said, the ...
by GMan82
Sun Jul 23, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: First-time home buying: New Construction Condo in Atlanta
Replies: 12
Views: 1658

First-time home buying: New Construction Condo in Atlanta

Hi everyone, I'm in the process of considering purchasing my first home and leaving the renter's life behind. However, I've decided to do this by buying a condo in the area of town that I've lived in for about 2 years now as a renter, and I figure, if I'm going to go condo, I'll go with the one that...
by GMan82
Sat Jul 01, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Ally raised their savings account rate to 1.15%
Replies: 19
Views: 4275

Re: Ally raised their savings account rate to 1.15%

Nuts. And I just moved my EF from Ally HYS to Vanguard's Municipal Money Market Fund (VMSXX) with SEC yield 0.78%. At 33%, the tax-equivalent yield is 1.16%. I would have just kept it at Ally if they made the change a day earlier!

Oh well. MMFs seem to be on the rise pretty fast anyway.
by GMan82
Tue Jun 27, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Settlement fund and MM fund
Replies: 7
Views: 1291

Re: Settlement fund and MM fund

If you want to buy a fund using your settlement fund (VMMXX), I think you just specify that the funds are coming from your settlement fund.

If it's a separate MMF in your account, then I believe it's an exchange from one fund to another.
by GMan82
Thu Jun 15, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Buy on Ex-Div Date or Just Afterwards?
Replies: 24
Views: 3514

Re: Buy on Ex-Div Date or Just Afterwards?

Here is something people concerned about this can do: Research the past. Here is the June 2016 pre-announcement: https://personal.vanguard.com/us/insights/article/june-dividends-062016 Compare what is in that link to the actual June 2016 distribution for VTSAX: https://personal.vanguard.com/us/fund...
by GMan82
Thu Jun 15, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Buy on Ex-Div Date or Just Afterwards?
Replies: 24
Views: 3514

Re: Buy on Ex-Div Date or Just Afterwards?

Besides checking the website every day, is there a way to tell when the reinvest date is happening? An email service or some other kind of alert? Things are announced in advance, so when the amount of the dividend is announced (not paid, not ex-dividend, but simply announced), the other dates are a...
by GMan82
Sun Jun 11, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 219855

Re: Share your net worth progression

Anesthesiologist and Intensive Care physician here, now approaching 2 years out of training. Sept 2015 = NEGATIVE $185,000 was my ENW June 2017 = Just hit the POSITIVE $100k ENW ... kinda proud. Liability is still student loans, but I've been maxing the backdoor Roth, 403B plan, saving for an eventu...
by GMan82
Wed May 17, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 9954

Re: Article: "Our emergency fund is exactly $0.00"

I have about 5 months of an EF currently because at age 34 I'm only 2 years into my first real physician job. My net worth is growing but it's still not high. I crossed the Zero mark last December. Though I feel like I have excellent job security, you never really know. So while I'm being aggressive...
by GMan82
Sun May 14, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Opportunity Cost: pay off student loan 3% or save for down payment 4%+ mortgage
Replies: 9
Views: 1403

Re: Opportunity Cost: pay off student loan 3% or save for down payment 4%+ mortgage

I started my first Attending physician job in Sept 2015 and I had 180K in student loans. I currently have about 130K and have ramped up my student loan payments to try and get rid of them. I re-financed them again last month into a 5 year plan to lock in an interest rate of roughly 2.8% (of which I ...
by GMan82
Sat Apr 29, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market Fund (VMMXX)
Replies: 24
Views: 5310

Re: Vanguard Prime Money Market Fund (VMMXX)

Why not use a tax exempt money market fund? For that to make sense though you'd need to check your tax-equivalent yield.

I wonder if these funds can be chosen for your settlement fund. That would make buying more VTI (Vgd Total Stock Mkt) easy.
by GMan82
Tue Apr 18, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: TSP: G Fund in lieu of the F Fund
Replies: 17
Views: 3178

Re: TSP: G Fund in lieu of the F Fund

The "riskless" aspect of the G fund is the reason that I slightly altered my asset allocation from 80/20 to 85/15 stocks to bonds. It's not much of a difference, but because I opt to take my risks on the equities side, having 5% extra equities with the G fund cushion may help reduce overall volatili...
by GMan82
Sun Apr 16, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: TSP: G Fund in lieu of the F Fund
Replies: 17
Views: 3178

Re: TSP: G Fund in lieu of the F Fund

I see no reason not to put everything in the G Fund for your bond allocation. It historically beats inflation and is pretty much guaranteed to never lose value, yet its yields are actually quite nice. Yes, you can get a higher yield with F fund, but you could also lose money there. I've just gained ...
by GMan82
Tue Apr 04, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Alliant savings now 1.05%
Replies: 8
Views: 2103

Re: Alliant savings now 1.05%

Roughly 2/3 of my EF is in Ally 1% savings account, with 1/3 in I-Bonds. This year I'll transition some more to I-bonds. For my short-term savings which I can use for big payments within 2-4 years, I second @informal guide and use Vanguard's Ltd-Term Tax Exempt bond fund for extra yield that is also...
by GMan82
Mon Apr 03, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio checkup and Fine-Tuning
Replies: 2
Views: 471

Re: Portfolio checkup and Fine-Tuning

Thanks, @Livesoft!

Your answers are always appreciated! After this season's taxes, I'm thinking I need to start taking advantage of TLH and doing so with a SCV fund sounds like a good way to do so. I'll probably move SCV out of my 403b and when out of Roth Space, will move it into my Taxable.
by GMan82
Sun Apr 02, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio checkup and Fine-Tuning
Replies: 2
Views: 471

Portfolio checkup and Fine-Tuning

Hi everyone, I’m just checking-in for some assistance in fine-tuning my portfolio and financial circumstances with regards to taxes. New for me as of March 2017 is a new 1/8 commitment to the VA as one of their physicians, and therefore access to the Thrift Savings Plan and the G Fund! About me : I’...
by GMan82
Sat Mar 18, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 94
Views: 23899

Re: Best place to get eyeglasses / no vision insurance

An eye exam is considered routine and preventative. Your regular health insurance will likely cover that plus an eye dilating exam, too, free of charge. Mine did. I don't have separate vision insurance. They will also provide discounts on frames/lenses. I like Warby Parker. You can get a trial of 5 ...
by GMan82
Sat Mar 18, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 178
Views: 27593

Re: "Millionaire Next Door" Net Worth Formula

It's a handy rule of thumb, that's for sure. I think it's been revised in The Millionaire Mind , though to: ENW = Age x 0.112 x Gross Income. A PAW (prodigious accumulator) is expected to have twice that value, while an under accumulator (UAW) would have half. The White Coat Investor on his website ...
by GMan82
Sun Jan 29, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Question: Fidelity 401k - Brokerage Link
Replies: 29
Views: 4970

Re: Question: Fidelity 401k - Brokerage Link

Do you know if record keeping fees are generally applied towards brokeragelink? Seems like the 401k funds in my plan are charged while brokerage link has not? If there are fees for both, and you held etfs in brokerage link only, seems like it would be a lot of trouble to extract the fees out? I thi...
by GMan82
Sun Jan 29, 2017 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Question: Fidelity 401k - Brokerage Link
Replies: 29
Views: 4970

Re: Question: Fidelity 401k - Brokerage Link

I have BrokerageLink through my Fidelity 403b at work and I use it to direct funds into FTIPX (Their total international) because FSIVX (their developed international) is all that's actually available. I use my 403b to house all my positions, because that's where I plan to rebalance if needed. Anywa...
by GMan82
Thu Jan 05, 2017 3:53 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

If you call Ally and explain they may allow you to buy into the 1.25% CD.

I ended up opening a second Vanguard Brokerage account and moved my short-term savings into Vanguard Limited Term Tax-Exempt bond fund. The after-tax yield at the 33% bracket just makes these CDs not worth it to me.
by GMan82
Sat Dec 24, 2016 9:00 pm
Forum: Investing - Theory, News & General
Topic: What is a "standard" Small Cap tilt portfolio
Replies: 46
Views: 10259

Re: What is a "standard" Small Cap tilt portfolio

Yup, 403b limitation. I have Fidelity for my 403b, but access to Vanguard funds. Unfortunately, I don't have access to Vanguard Admiral funds and the Fidelity SCV fund is too expensive. IJS was a possibility, but they don't allow me to do ETFs in my BrokerageLink account, something that I'm complain...
by GMan82
Sat Dec 24, 2016 12:13 am
Forum: Investing - Help with Personal Investments
Topic: fidelity brokeragelink vs IRA And backdoor Roth IRA
Replies: 17
Views: 1865

Re: fidelity brokeragelink vs IRA And backdoor Roth IRA

I have a good 403b with Fidelity, but use the BrokerageLink to take advantage of the new Fidelity total Intl index fund, which isn't offered in my list of 403b funds. My employer offers the BL for free, but I have heard that other employers may charge a fee. I'd double check and see if that fee exis...
by GMan82
Sat Dec 24, 2016 12:05 am
Forum: Investing - Theory, News & General
Topic: When rebalancing, is it better to sell existed holdings or buy new ones?
Replies: 4
Views: 953

Re: When rebalancing, is it better to sell existed holdings or buy new ones?

I've always wondered the same thing, too. However, since I'm paid monthly, what I end up doing is seeing what my % in each asset class is at the start of the month, and then I adjust next month's 403b contribution percentage from my end-of-month paycheck. I suppose I could just set a % and leave it,...
by GMan82
Fri Dec 23, 2016 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 2054

Re: Tax loss harvesting - some or all?

I do use SpecID and I don't automatically re-invest in this account. My only other international fund is FTIPX (Fidelity Total Intl index) in my 403b. But I just bought some of VTIAX 2 days ago and before that on 11/21. I just checked the account and the total amount of losses is about $150. That wo...
by GMan82
Fri Dec 23, 2016 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 2054

Re: Tax loss harvesting - some or all?

So when do you usually decide to tax loss harvest? I've only had a taxable account since April, and it contains only 2 funds: Vgd Total Stock and Total Intl Stock (VTSAX and VTIAX). VTSAX is in the black, but VTIAX is slightly in the red: about $100 or so for me. Is that even worth selling and TLHin...
by GMan82
Thu Dec 22, 2016 1:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?
Replies: 14
Views: 3429

Re: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?

I'm thinking Short-Term Tax Exempt (VWSTX) is probably a bit safer for a tiered EFund. It's SEC Yield is now 1.03%. In 33% + 6% (state) brackets, I would need a 1.68% account to make up for it. That exists in higher term CDs whereas this fund has an average duration of roughly 1 year. It did still l...
by GMan82
Mon Dec 19, 2016 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

I'm talking about using these tax-exempt funds in lieu of an Ally HYS or no-penalty CD in a tiered Emergency Fund or for short-term savings. That fund has a duration of about 5 years so you'd need to be able to tolerate some interest rate risk or mix it with a short-term fund to lower the duration. ...
by GMan82
Mon Dec 19, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

So I signed up for 1.25%. I moved the money from a savings account at Ally bank with a 1% rate. The process went okay. It occurs to me though that for every $10,000 someone switches over, when they go from 1% to 1.25% they make about 22 dollars more after 11months. Arguably this isn't worth the add...
by GMan82
Mon Dec 19, 2016 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

so if you pick the first option and pull out early, you get nothing? It's a paltry difference...1.2429 going 12 months, vs 1.2442 going quarterly - so go monthly. If you break the CD early, and had chosen for the interest to be paid at maturity, it makes sense to me that the already accrued interes...
by GMan82
Mon Dec 19, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

This information is already priced into bonds today. Good to know. I guess fluctuations in the coming months will just be the usual short-term fluctuations. If not, then I suppose a TLH opportunity would show up. A portion of our portfolio is dedicated to short-term fixed income. The time horizon f...
by GMan82
Sun Dec 18, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Karma to offer free online filing of federal and state tax returns
Replies: 17
Views: 3576

Re: Credit Karma to offer free online filing of federal and state tax returns

I don't see form 1116 on their list of supported forms (https://help.creditkarma.com/hc/en-us/articles/217378726-Forms-supported-by-Credit-Karma-Tax). I think I'll go with HR Block again then, even though with an $11k investment in VTIAX (total intl index fund) in taxable, I doubt I'll have >$300 in...
by GMan82
Sun Dec 18, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 37685

Re: Ally Bank 1.25% 11 month with no EWP

This seems like a great deal and a great move by Ally. If the Fed raises rates three to four times next year like they said they might and Ally raises rates on CD's again, then break the CD and put the money in the new CD. Vanguard's Limited Term Tax Exempt Bond fund (VMLTX) has a current SEC yield...