Bogleheads.org

bugaloo

My first bit of advice is to skip the individual stocks. If you ignore my first bit of advice, then my second bit of advice is you should buy them inside your Roth IRA. If you ignore my first and second bits of advice, at some point I predict that you'll be on the forum asking how to avoid capital ...

bugaloo

... I am thinking of making my lazy portfolio VTI, VIG, VOO. Does this make sense to you seasoned investors? VTI -- Vanguard Total Stock Market Index ETF VIG -- Vanguard Dividend Appreciations ETF VOO -- Vanguard S&P 500 ETF VV -- Vanguard Large Cap ETF VUG -- Vanguard Growth ETF bugaloo, You'r...

bugaloo

VIG (for the dividends) VIG (Vanguard Dividend Appreciation Index ETF) uses, as the name suggests, a dividend growth strategy, not a high dividend yield strategy. The dividend yield on VIG is 2.2%, comparable to VTI (Total Stock Market) and VOO (S&P 500 Index). If you want high dividend yield i...

bugaloo

Sandtrap wrote: ↑Mon Apr 13, 2020 9:11 am Can you please edit your post using the pencil icon into the portfolio review format
Please list the funds names.

Thank you
j

DONE

bugaloo

Due to some job uncertainty, I wasn't able to dive into the market at the 18K mark for the Dow few weeks back. But now that I have more clarity on my job situation, I am frustrated I missed what could have been the bottom (but who knows right?). I dabble in individual blue chip stocks and also in va...

bugaloo

But I guess I don't understand why VTI is priced at ~$151/share and VTSAX is priced at $73/share. When you go to the grocery store, do you wonder why a gallon of milk costs $2.74 and a half gallon costs $1.37? They are both milk, but in different size containers. The same goes for VTI and VTSAX. Th...

bugaloo

The main advantage of VTSAX in this case would be the ability to set up an automatic investment plan for a set amount every month or whatever schedule you choose. This is possible because with the traditional mutual fund you can buy fractional shares. With VTI you can't do that, so you have to plac...

bugaloo

I pay $2.95 to trade VTI at Schwab and think this its dirt cheap. [...] Also, there are other non-Vanguard ETFs I also like to own besides total market. The juxtaposition of these two views is really rare. Usually people who are diehard about Vanguard funds (e.g., preferring to pay $2.95 than to bu...

bugaloo

Tamarind wrote: ↑Sun Jul 07, 2019 7:01 am For TDAmeritrade, I also recommend SPTM. Substantially similar to both VTI and VTSAX, with no commission.

If you wanted to hold only Vanguard products in your account, I would recommend moving the account to Vanguard.

Thank you - I will look into this!

bugaloo

I just think in the scheme of things, my brokerage fees are trivial and will pay it for better service. It's like a couple dinners out a year to manage a 7 figure portfolio. Don’t get me wrong: there was no judgment, just a comment on the rarity of that combination. I’m also a Schwab customer and h...

bugaloo

Make no mistake: The Flash Crash of 2010 was a fantastic buying opportunity for folks who use ETFs. Mutual fund share owners had no chance to make extra money that day. And yes, shortly thereafter NAVs of the ETF and mutual fund shares re-aligned. So if you are in the accumulation phase, you should...

bugaloo

you can read some of the differences here: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds https://www.bogleheads.org/wiki/Outline_of_ETFs_and_mutual_funds with ETFs you can buy intra day, meaning the price at a particular time in the day. with mutual funds provided you purchase before 4 p.m. ...

bugaloo

But doesn't that mean that eventually at market close, the VTSAX mutual fund would still reflect the changes of the day during the 2010 flash crash?

bugaloo

VTI vs VTSAX I am starting to do monthly purchase of VTI or VTSAX on top of my usual retirement accounts, etc. I tried to do it on my TDAmeritrade account, but I am confused. VTI - it lets me buy like I am buying shares. I can dictate how many shares I want and it is trading at ~$152/share. I know t...

bugaloo

In my opinion if you're going to be aggressive, you should be aggressive. 100% TSM fits the bill. For my own 529 I'm going to be 100% stocks until the kids reach middle school. That's 12 years of market growth. Wouldn't Index Equity Portfolio fit the bill as well? It is actually 57% TSM, 36% total ...

bugaloo

We have been aggressively contributing to our kids' 529 places since birth. They are 3 and 19 months. We live in IL and have been taking advantage of their tax break and thus put in 20K each year for my son since 2015 and tapered off this year. Our overall principal for the 3 yrs old is around $61K ...

bugaloo

So it seems overall like this is a positive change? I was also wondering whether I should be worried and happy. Lower fees is always a good thing, but always a little nervous with these changes.

bugaloo

Here's additional information for those that are using the Illinois 529 plan. It's nice that they're offering a Rewards Card now. It looks like the blackout period is July 12 - 17. https://www.brightstarttransition.com/account-owners/ Oh! A rewards card - I didn't know about that. Will have to look...

bugaloo

DFA is like a cult....of specialized value investors. Like Bogleheads, we have disciples of Graham and DFA'ers. Guess I have more to learn then! This is why I was leaning towards NY anyways. However, I probably should learn a bit more about DFA since our IL 529 plan is also going to start offering ...

bugaloo

I posted earlier this month about Utah vs NY 529 plans and the fact that I can't decide. I spoke to reps at both today and the NY one seems more straightforward w/ EP ratio of .16% no matter which funds I pick or how I allocate. Our baby is not even a year, so I want to pick the Stock Portfolios an...

bugaloo

I posted earlier this month about Utah vs NY 529 plans and the fact that I can't decide. I spoke to reps at both today and the NY one seems more straightforward w/ EP ratio of .16% no matter which funds I pick or how I allocate. Our baby is not even a year, so I want to pick the Stock Portfolios an...

bugaloo

I posted earlier this month about Utah vs NY 529 plans and the fact that I can't decide. I spoke to reps at both today and the NY one seems more straightforward w/ EP ratio of .16% no matter which funds I pick or how I allocate. Our baby is not even a year, so I want to pick the Stock Portfolios and...

bugaloo

Most of the participants in this forum prefer index funds over mutual funds and adhere to a philosophy of avoiding market timing. I think there are other places where people could answer your question. I think you'll find plenty of people who will tell you it is overvalued. Others will tell you it ...

bugaloo

If you want to own an individual stock and believe it will be a strong producer in the long term then you should buy it today. Buying individual stocks as you know is not how this group rolls so the answer for me personally would be to never buy an individual stock unless I wanted to treat it like ...

bugaloo

When is a good time to take a position with this stock. I have clearly missed the boat on this company, but there seems to be a slight pullback this week. Also, wondering if any of you can explain to me the difference to the individual investor when a company 'splits' stocks vs creates different cla...

bugaloo

^ The original poster is young and has decades before retirement. Statistically, it would be unlikely to hold onto the house all the way until retirement although it could happen. He could reasonably argue that investment performance over decades would likely surpass the interest paid on the mortga...

bugaloo

If I came into some cash recently, should I put down more into my mortgage or use to invest? Assuming retirement accounts are maxed and 529's adequately funded. Our mortgage is 3.375% 30 yr fixed into a jumbo loan. We are 6 months in. This will not be our forever home. We had only put down 15%. My ...

bugaloo

If I came into some cash recently, should I put down more into my mortgage or use to invest? Assuming retirement accounts are maxed and 529's adequately funded. Our mortgage is 3.375% 30 yr fixed into a jumbo loan. We are 6 months in. This will not be our forever home. We had only put down 15%. My ...

bugaloo

If you would itemize even with no mortgage, any money you are prepaying the mortgage with is locking in an after tax return of 3.375%*(1- Your Marginal Tax Rate). In the 25% tax bracket that's about 2.5%. In the highest tax bracket that's a hair over 2% flat. If you were paying off the property and...

bugaloo

Traditionally, rates have been higher if one finances more than 80% of the property value. Often, it's in the form of PMI or a secondary loan--and that's what might be valuable to avoid. If your loan doesn't have those extra costs, there's really no advantage to arbitrarily go from 15 to 20% equity...

bugaloo

^ The original poster is young and has decades before retirement. Statistically, it would be unlikely to hold onto the house all the way until retirement although it could happen. He could reasonably argue that investment performance over decades would likely surpass the interest paid on the mortga...

bugaloo

If I came into some cash recently, should I put down more into my mortgage or use to invest? Assuming retirement accounts are maxed and 529's adequately funded. Our mortgage is 3.375% 30 yr fixed into a jumbo loan. We are 6 months in. This will not be our forever home. We had only put down 15%. My ...

bugaloo

If you are able to itemize deductions on your taxes and you have an adequate emergency fund, then either pay down or investing is reasonable. If you don't have an adequate emergency fund, then use the money to fund it. If you don't itemize deductions and your emergency fund is adequate, then pay do...

bugaloo

At least put down the 20% to get rid of PMI. OR Paydown the mortgate or pay it off. What ever interest you are paying on that mortgage will be a guarentee interest on your money. Look at your loan papers to remind you what that house will cost you in 30 yrs of interest. It will make you sick. Once ...

bugaloo

greg24 wrote:Do you pay PMI? Getting rid of PMI would be worth it.

No PMI.

bugaloo

If I came into some cash recently, should I put down more into my mortgage or use to invest? Assuming retirement accounts are maxed and 529's adequately funded. Our mortgage is 3.375% 30 yr fixed into a jumbo loan. We are 6 months in. This will not be our forever home. We had only put down 15%. My i...

bugaloo

I put together a list of links that might behoove the OP and others to review. For those truly interested in the depth of Illinois problems I would suggest reading the actual articles not just skimming the headline. For example one of the links I provide is: https://www.illinoispolicy.org/pension-b...

bugaloo

I know of a number of businesses that had trouble and went bankrupt, carrying spouses inheritance, other money down the drain with them. So without more information on how good an idea it is to invest in a spouse's business I can see why another poster liked 4, 2, and 5. the 'business' is actually ...

bugaloo

-Helpful information for us to have would be as per my signature regarding posting. Specifically, your age, current savings/retirement assets would be helpful. My 2 cents below. I have been fortunate to have recently sold some real estate at a profit and have some cash sitting on hand. I am trying ...

bugaloo

With 100% sincerity I will state you have to be either uninformed or insane to consider buying any real estate in IL, much less Chicago. The property taxes are outlandish and because of the IMRF every municipality will face steady increases in the amount they must pay in...the way the law is writte...

bugaloo

I think investing In Chicago real estate is a fantastic decision, with one caveat. The caveat is impending bankruptcy for Chicago Public Schools, the city itself, nearly every public sector pension program, and even the state of Illinois itself. Altogether, state and local governments have $210 bil...

bugaloo

I think investing In Chicago real estate is a fantastic decision, with one caveat. The caveat is impending bankruptcy for Chicago Public Schools, the city itself, nearly every public sector pension program, and even the state of Illinois itself. Altogether, state and local governments have $210 bil...

bugaloo

ANY real estate when it comes to "investing" is "finicky". The reason is it is really called speculation. No different then collecting comic books and baseball cards and hoping to make money in the future. My advice, if you have to ask on an internet forum if one should invest m...

bugaloo

Anyone here familiar with the Chicago RE market? From a gross perspective, seems like there is a lot of over building going on. I recently sold a condo in a different city and have come into some cash I need to reinvest. Considering Chicago as it is much closer to where I live now, but the market t...

bugaloo

I know of a number of businesses that had trouble and went bankrupt, carrying spouses inheritance, other money down the drain with them. So without more information on how good an idea it is to invest in a spouse's business I can see why another poster liked 4, 2, and 5. the 'business' is actually ...

bugaloo

mortfree wrote:could use more details...

I would do 4, 2, 5..

what details can I provide you with?

bugaloo

radiowave wrote:what was the proceeds from the real estate?

~$740K (my equity into the property was around $240K, so net of $500K)

bugaloo

What details can I provide you with? I know I left it somewhat broad/vague.

bugaloo

I have been fortunate to have recently sold some real estate at a profit and have some cash sitting on hand. I am trying to figure out the different avenues I can funnel this cash into so that it isn't sitting in my account languishing away. Here are my thoughts: 1. do max 529 contributions for both...

bugaloo

Anyone here familiar with the Chicago RE market? From a gross perspective, seems like there is a lot of over building going on. I recently sold a condo in a different city and have come into some cash I need to reinvest. Considering Chicago as it is much closer to where I live now, but the market th...

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