Search found 759 matches

by Whakamole
Mon Nov 19, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe Federal + State $29.95
Replies: 114
Views: 9392

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

neilpilot wrote:
Mon Nov 19, 2018 12:31 pm
Pixafari wrote:
Mon Nov 19, 2018 8:05 am
FYI: Deluxe Federal only on CD is $17.50 on Amazon now. No state needed for FL so I just jumped.
Ordered this earlier today after I read your post. Just checked now and it's back up to $25.50.
Showing as $31.50 for me.
by Whakamole
Mon Nov 19, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 165
Views: 8904

Re: Vanguard lowering Admiral level to $3,000?

It sounds like Vanguard may have determined that it is just as cheap, perhaps cheaper, to run one share of fund for consumers. Different ticker symbols, having the UI/phone support/back office operations to handle conversion of Investor shares to Admiral/ETF shares, etc.
by Whakamole
Mon Nov 19, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 165
Views: 8904

Re: Vanguard lowering Admiral level to $3,000?

https://www.wsj.com/articles/vanguard-ratchets-up-index-fund-price-battle-1542636000 For those not behind the paywall. Starting Monday, the firm is lowering the minimums for admiral shares—a share class that costs less than regular investor classes—to $3,000 from $10,000 for 38 index mutual funds. ...
by Whakamole
Sun Nov 18, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: State Municipal Bonds verse Total Bond Index
Replies: 10
Views: 682

Re: State Municipal Bonds verse Total Bond Index

How does the risk of Vanguard State Tax Exempt Municipal bond fund compare to Vanguard Total Bond Index Fund? Highlandbeach: Welcome to the Bogleheads Forum! I like the analysis by stlutz. This is Vanguard's analysis: Vanguard New Jersey Long-Term Tax-Exempt Bond Fund (VNJVX) has a "Risk Potential"...
by Whakamole
Mon Nov 12, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1332

Re: Vanguard 2018 Preliminary capital gains estimates.

Assuming the rate is the same for non-institutional, 2.11% for Total Market seems high.
by Whakamole
Thu Nov 08, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Things You See During Every Market Correction
Replies: 5
Views: 1482

Re: Things You See During Every Market Correction

"Buy the dip" is pretty common.
by Whakamole
Thu Nov 08, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Good explanation of how bond funds don't get crushed in rising rate environment
Replies: 64
Views: 6196

Re: Good explanation of how bond funds don't get crushed in rising rate environment

Current YTD returns for some Vanguard bond funds (and a money market fund thrown in for good measure), as of 11/7:

VMFXX (Federal MM): 1.60%
VSBSX (Short-Term Treasury Admiral): 0.19%
VBTLX (Total Bond Admiral): -2.55%

That's a spread of 4.15% between money market and Total Bond.
by Whakamole
Mon Nov 05, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7369

Re: Do people calculate savings rate on gross income?

Just because net makes zero sense doesn't mean that gross is any better.:) You need a lot more context to know anything. As someone pointed out this is mainly just an internet bragging number. Do whatever makes you feel good. r Want to know when you can retire? Put the numbers into a calculator and...
by Whakamole
Mon Nov 05, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7369

Re: Do people calculate savings rate on gross income?

Talking about net makes zero sense to me. Compare these two people a) 100k income, saves 25k pretax, pays 25k in taxes Savings rate of 25/50 = 50% b) 100k income saves 25k post tax, pays 25k in taxes savings rate of 25/75 = 33% I don't think that's net. Net would have them be exactly the same. 100K...
by Whakamole
Mon Nov 05, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7369

Re: Do people calculate savings rate on gross income?

Talking about net makes zero sense to me. Compare these two people a) 100k income, saves 25k pretax, pays 25k in taxes Savings rate of 25/50 = 50% b) 100k income saves 25k post tax, pays 25k in taxes savings rate of 25/75 = 33% I don't think that's net. Net would have them be exactly the same. 100K...
by Whakamole
Mon Nov 05, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7369

Re: Do people calculate savings rate on gross income?

I use net. I don't have much control over taxes; I do have a lot of control over personal spending and (to a lesser extent) income.
by Whakamole
Sat Nov 03, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8471

Re: WSJ FIRE

There are many options available to the kind of intelligent, disciplined and resourceful people that the FIRE movement attracts. You don't have to be flipping burgers or bagging groceries. Though you could. You could put in a few hours on the weekends via Uber/Lyft and help partying young people ge...
by Whakamole
Fri Nov 02, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7639

Re: I Bond fixed rate = 0.5%

I've already bought $10K in my trust for 2018, tempted to buy another $10K in my personal account. I consider it part of my bond holdings.
by Whakamole
Tue Oct 30, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Is the growing national debt a reason to diversify with international?
Replies: 33
Views: 3403

Re: Is the growing national debt a reason to diversify with international?

I suspect that the path of least resistance politically is going to be financial repression. Cutting spending or raising taxes to pay off debt is unpopular. A sneakier way to deal with the problem is to hold interest rates lower than the rate of inflation for a period of time, causing the real valu...
by Whakamole
Sat Oct 27, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: For those that think the current selloff is normal
Replies: 25
Views: 5858

Re: For those that think the current selloff is normal

First, let us notice that 20 out of the last 26 trading days have been down (looking at sp500). This behavior is atypical.... October 2000 Feb 1984 June 1982 March 1980 Sep 1974 Dec 1973 May 1970 Dec 1969 May 1962 Unfortunately this type of stuff is not predictive of forward returns. Stay the cours...
by Whakamole
Sat Oct 27, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10634

Re: Tesla Model 3 Owners: Your experience so far

ebotrd wrote:
Sat Oct 27, 2018 12:44 pm
Nice!
As a Tesla fan I congratulate you.
As a shareholder I thank you ;)

Actually, you make me think. $72k isn't that much more than $45k....
60% more sounds like a lot more to me... :|
by Whakamole
Sat Oct 27, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: RealEstate slowdown and Stocks Declining....
Replies: 9
Views: 1991

Re: RealEstate slowdown and Stocks Declining....

SALT doesn't impact me because I rent. The overall change in tax law is reducing my taxes. That gives me more money to invest. Works for me.
by Whakamole
Fri Oct 26, 2018 4:52 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19164

Re: Talk me out of buying a Tesla Model 3

But physicians are experts on cars. They take a class on that in medical school, between podiatry and how to buy class A mutual fund shares.
by Whakamole
Wed Oct 24, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7883
Views: 1614380

Re: U.S. stocks in freefall

It's funny because 80/20 (my target allocation) felt perfect in the bull market and now 60/40 looks so much nicer and so much more enticing. lol A few weeks ago, someone said that in a bull market, it's age-20 in bonds, but in a bear market, it's age in bonds. Maybe we should just meet in the middl...
by Whakamole
Wed Oct 24, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7883
Views: 1614380

Re: U.S. stocks in freefall

It's funny because 80/20 (my target allocation) felt perfect in the bull market and now 60/40 looks so much nicer and so much more enticing. lol A few weeks ago, someone said that in a bull market, it's age-20 in bonds, but in a bear market, it's age in bonds. Maybe we should just meet in the middl...
by Whakamole
Wed Oct 24, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7883
Views: 1614380

Re: U.S. stocks in freefall

gilgamesh wrote:
Thu Oct 11, 2018 6:19 pm
Today was not as entertaining as I was hoping...didn’t even hit a 3% loss today...bummer!!!...I’m holding hope for tomorrow...
I hereby blame gilgamesh for today's drop.
by Whakamole
Mon Oct 22, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8662

Re: Quitting w/o notice

I just remembered him as the guy that suddenly quit without reason. I've seen the guys resume at 3 different jobs I've worked at since and blocked him from being hired at all three. At one of the jobs he tried to get in 3 times over 5 years - all three times I had him blocked (actually explained th...
by Whakamole
Sun Oct 21, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8662

Re: Quitting w/o notice

I have worked for employers where, if you said that you were going to work for certain competitors, they would walk you out the door that day, regardless of how much notice you wanted to give.
by Whakamole
Sun Oct 21, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 672
Views: 99210

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

No symptoms. Just an incidental finding along with the diluted oil. The rear main seal keeps oil sealed inside the rear of the engine, where the crankshaft connects with the transmission. So I wonder if oil that is severely diluted with fuel might have a detrimental effect on the seal and bring abo...
by Whakamole
Sun Oct 21, 2018 9:43 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: 106011

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I have to chuckle at all this analysis. Total US is out-performing Intl because 12.7% of its assets are in: Apple, Microsoft, Amazon, Alphabet (Google), and Facebook. If those 5 continue their run, Total US will outperform Intl ... if they don't, it won't. This is false. US value funds have also dr...
by Whakamole
Sat Oct 20, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Fidelity and Blackrock employees sue over 401k plans
Replies: 10
Views: 1811

Re: Fidelity and Blackrock employees sue over 401k plans

Sounds like some investors were chasing performance, got burnt, and are blaming Fidelity for offering those funds at all.

I wonder if they'd sue over offering a low-cost International fund because it underperformed domestic stock funds over the past few years. Probably.
by Whakamole
Fri Oct 12, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Puerto Rico all over again
Replies: 6
Views: 1317

Re: Puerto Rico all over again

Also Florida isn't an island and there is no Jones Act to deal with.
by Whakamole
Thu Oct 11, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: tablet or small laptop for general and travel computer?
Replies: 41
Views: 2324

Re: tablet or small laptop for general and travel computer?

I would go to a store - Best Buy, Costco - and look at the different screen sizes and weights. Tablets, even small laptops (10-11") are very portable and light. But they also have smaller screens and form factors. As they get bigger, I think they become more general purpose - movies may look a bit b...
by Whakamole
Thu Oct 11, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7883
Views: 1614380

Re: U.S. stocks in freefall

I just scanned Europe and Asia for the past five days. It looks like we may actually be falling a bit slower than the rest of the world. How's that go again? When the US markets catch a cold...…. :confused VTI (ETF for Total US) is down 2.08%, VXUS (ETF for Total International) is down 1.30%. Down ...
by Whakamole
Thu Oct 11, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: tablet or small laptop for general and travel computer?
Replies: 41
Views: 2324

Re: tablet or small laptop for general and travel computer?

Fun fact! Jack Dorsey runs Twitter and Square — both multi-billion-dollar companies — from his smartphone (doesn’t use a computer, laptop or a tablet). But OP doesn't want to run a billion dollar company, they want to read ebooks, watch movies, etc. I wouldn't want to do either using a phone unless...
by Whakamole
Thu Oct 11, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2563

Re: What would you do with some bulk silver?

You could also take photos and post it to forums - not here, but there's Reddit (Silverbugs), plus a lot of forums primarily for gold fans but who have silver forums as well. You might even get a few offers. Something similar happened to me once, it was a curious "what is this?" and after getting fl...
by Whakamole
Thu Oct 11, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5468

Re: Timber as an alternative - didn't work so well...

Swensen invested some of the Yale endowment fund in timber; anyone know how that's done? I imagine if prices are low, he's not cutting it and is just letting the trees grow. Hopefully there is also some diversity, both geographical and in the type of tree, given the size of the endowment fund. That...
by Whakamole
Thu Oct 11, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tax loss harvesting bond funds?
Replies: 12
Views: 1134

Re: Anyone tax loss harvesting bond funds?

Yes, sold a short-term bond fund. Keeping it in the money market fund right now, since rates are pretty good and this gives me a bit more flexibility to do TLH in my stock funds/ETFs.
by Whakamole
Thu Oct 11, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2563

Re: What would you do with some bulk silver?

You could take it to a local coin store, but chances are they will pay under spot. There are some old bars/coins that are collectors items due to the mint going out of business or no longer producing (Johnson Matthey), or just because older dated coins can have premiums like older American Eagles. T...
by Whakamole
Thu Oct 11, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4850

Re: Vanguard website problems [Transactions won't go through, 500 error...]

The problems started yesterday at 5am EDT (I can attest to that first hand as I tried to to use the app around 0600 and had access issues and it is something I have done regularly in the past). Very unlikely to have been load/traffic caused, more likely traffic worsened... Additionally considering ...
by Whakamole
Thu Oct 11, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4850

Re: Vanguard website problems [Transactions won't go through, 500 error...]

To ensure the best client experience possible, our IT group has been upgrading our systems to leading versions to improve our infrastructure. It is not uncommon to run into a temporary period of system down time while navigating these upgrades. If this occurs, our IT group will work quickly to addr...
by Whakamole
Wed Oct 10, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7883
Views: 1614380

Re: U.S. stocks in freefall

Have to wonder what is driving this chaos. We haven't seen similar market drops during previous rate hikes, so I'm loathe to attribute it to that. TSLA's glacially-paced implosion is meaningless because the company isn't large enough to drive a drop of this size. Something something animal spirits,...
by Whakamole
Wed Oct 10, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Millennials & Money Data
Replies: 25
Views: 3213

Re: Millennials & Money Data

At a high level, the study found that affluent millennials (1,500 respondents that have above $100k/year income or above $50k in investable assets): - 52% have a six month emergency fund - 45% max out annual 401k contributions - 84% owned a home By only surveying affluent individuals, of course the...
by Whakamole
Wed Oct 10, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4850

Anyone else having problems logging into Vanguard? [Website problems]

[Thread merged into here, see below. --admin LadyGeek] I wanted to do some TLH today. About twenty minutes ago, I started having problems on the website (I couldn't see detailed holdings per account.) The mobile app worked well enough, but now even that is down. Now the website is saying "Your acco...
by Whakamole
Tue Oct 09, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Kirkland (Costco) Razor
Replies: 31
Views: 3186

Re: Kirkland (Costco) Razor

I use a double-edged razor as well - but have been using a single-edged the past few days. The razor is likely an antique but the blades are not, I get a nice shave every time for much less than the cheapest cartridge razor. The main downsides - carrying blades on a plane (they must go in checked lu...
by Whakamole
Tue Oct 09, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Question about how TLH works with ETFs
Replies: 3
Views: 238

Question about how TLH works with ETFs

With international being down a tad, I took advantage of TLH using VTIAX (Vanguard Total International) and VFWAX (Vanguard FTSE All-World.) Now I have unrealized losses in both funds :oops: I'm thinking it's time to think about bringing a non-Vanguard fund into the mix, specifically IXUS. My questi...
by Whakamole
Tue Oct 09, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

That minimum purchase of $5 million for FSKAX is a bitch, tho..... FSKAX has a minimum purchase of $0 already . Please check the link I included in the post. I tried to make it as easy as possible for the non Fidelity folks on here. I also included a link to the appendix with all the index funds wi...
by Whakamole
Mon Oct 08, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

2) When they respond, their response will optimize for the new investor. It will not benefit the existing, loyal Fidelity customer. For the existing Fidelity customer to get the benefit they must do a sale/buy in to the new fund (ie a taxable event). Not really true. Fidelity has quietly reduced ex...
by Whakamole
Sun Oct 07, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

All these let’s-bash-Fidelity threads seem childish to me. I think it’s wonderful that Fidelity has lowered both minimum investments and expense ratios on many existing funds and that they have introduced four new ZERO funds. Competition is good for investors no matter which brokerage they use or w...
by Whakamole
Sun Oct 07, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

watchnerd wrote:
Sun Oct 07, 2018 12:18 pm
Dottie57 wrote:
Sun Oct 07, 2018 12:10 pm
I like the Fidelity web site and am happy with it. I’ll be staying.
I find it nearly unusable with a tablet, let alone an iPhone. It's like it hasn't been updated for the mobile era.
Why not just use the app? The Android app for Fidelity is quite nice.
by Whakamole
Sun Oct 07, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

The case for the Vanguard fund remains strong. I hold some of these Fidelity funds for the reasons you cite. But a mass migration to these new funds? Seems quite silly. I would not be worried if I were Vanguard. If anything I'd be worried about the opposite: What is the next form of innovation we n...
by Whakamole
Sun Oct 07, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7998

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

2) When they respond, their response will optimize for the new investor. It will not benefit the existing, loyal Fidelity customer. For the existing Fidelity customer to get the benefit they must do a sale/buy in to the new fund (ie a taxable event). Multiple things that are being missed here. Firs...
by Whakamole
Sun Oct 07, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11750

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

A few weeks ago, someone jokingly (?) said that the suggested bond allocation during a bear market was your age in bonds; during a bull market, it was age-20 or even "why own bonds at all."

Reviewing your asset allocation to ensure that it meets the "sleep test" is not market timing.
by Whakamole
Sat Oct 06, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9147

Re: 20 countries where 200K in retirement savings will last you decades

Does anyone think the writer of the article has lived in any of these countries, much less for a length of time that would enable them to decide whether it was a good place to live outside of being "cheap"?
by Whakamole
Fri Oct 05, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13785

Re: Correlation between the FIRE movement and one of the greatest bull markets

This board has a wide age range; while it is related to fire (you need to have investments) this is not a Fire forum. Bogleheads are about investing money and living prudently. If you visit Fire forums you will find mostly older folks (typically 50+) who, while conservative do not view Fire with co...