Search found 221 matches

by John Laurens
Fri Oct 20, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: Does Dave Ramsey have a clue?
Replies: 29
Views: 1922

Re: Does Dave Ramsey have a clue?

Assuming there is no company match 401k for this “kid” the first dollar invested should be in a ROTH IRA. The advice was sound. My own children (whom have earned income) have ROTH iras.

Regards,
John
by John Laurens
Fri Oct 20, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4436

Re: I have to fire someone that I care about personally

Cass Elliot, Ann Wilson, etc. I would tell the agency off. Your looks, guitar playing, stage presence, and singing must not be good enough to overcome the “deficiencies” you and the collective others see in your band partner. Regards, John Ahh the know it all judgemental guy. Thanks for chiming in....
by John Laurens
Fri Oct 20, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4436

Re: I have to fire someone that I care about personally

Cass Elliot, Ann Wilson, etc. I would tell the agency off. Your looks, guitar playing, stage presence, and singing must not be good enough to overcome the “deficiencies” you and the collective others see in your band partner.

Regards,
John
by John Laurens
Thu Oct 19, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

“Broad based direct replacements”. What total market index will the spdr funds be tracking? Regards, John https://us.spdrs.com/en/strategies/spdr-portfolio-low-cost-etfs/view-all-spdr-portfolio-etfs With respect to SPTM: The SPDR Portfolio Total Stock Market ETF seeks to provide investment results ...
by John Laurens
Thu Oct 19, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

“Broad based direct replacements”. What total market index will the spdr funds be tracking? Regards, John https://us.spdrs.com/en/strategies/spdr-portfolio-low-cost-etfs/view-all-spdr-portfolio-etfs With respect to SPTM: The SPDR Portfolio Total Stock Market ETF seeks to provide investment results ...
by John Laurens
Thu Oct 19, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Am I the only one that thinks this is kind of insidiously bad? No, you're not! The old commission-free ETF list followed a central philosophy, that TDA delineated as follows: “A better way to invest in ETFs” “100+ commission-free ETFs from leading providers with Morningstar research and ratings and...
by John Laurens
Thu Oct 19, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Am I the only one that thinks this is kind of insidiously bad? I assume many folks migrated from Vanguard to TDA with their Vanguard ETFs to collect a bonus, and because it was free to buy/sell Vanguard ETFs there anyways. Now that's changed. You'll have to pay fees to buy/sell Vanguard ETFs, so ma...
by John Laurens
Thu Oct 19, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 19
Views: 1487

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

Plus if you use TDA , instead of commission free Vanguard VTI you can now use the new commission free SPDR Gender Diversity ETF.

Regards,
John
by John Laurens
Wed Oct 18, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

John, in the same boat as you (solo 401k, multiple purchases per month) but not sure if I'm leaving TD yet. May I ask, why Fidelity? Is it their MFs (if they allow "premium" ones for solo 401k, unlike VG) or the better iShares section? The main reason for Fidelity. I was originally a Fidelity custo...
by John Laurens
Wed Oct 18, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Yes I will be leaving. I’ll be taking my brokerage, 2 solo 401ks, and 2 Roth IRAs to Fidelity. I will leave my HSA there (my HSA custodian uses them for brokerage). I’ll will make one trade of BND per year and pay the commission. The overwhelming reason why I chose to do business with TDA was commi...
by John Laurens
Wed Oct 18, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Yes I will be leaving. I’ll be taking my brokerage, 2 solo 401ks, and 2 Roth IRAs to Fidelity. I will leave my HSA there (my HSA custodian uses them for brokerage). I’ll will make one trade of BND per year and pay the commission. The overwhelming reason why I chose to do business with TDA was commi...
by John Laurens
Wed Oct 18, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Anyone planning to leave TD Ameritrade because of this? If you are planning to leave where will you be going? I am annoyed as a VTI, VEU, and BND holder at TD, but I don't want to jump to any conclusions about my possibility of leaving before I think it through. I have been very happy with the serv...
by John Laurens
Tue Oct 17, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Lot of discussion about alternative SPDR portfolio ETFs as substitutes. Not really a fair substitute. The SPDR funds are not only changing their tickers. They are CHANGING their tracking index to their OWN proprietary SSGA index. This is very troubling to me and I won’t use them for that reason alo...
by John Laurens
Tue Oct 17, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Lot of discussion about alternative SPDR portfolio ETFs as substitutes. Not really a fair substitute. The SPDR funds are not only changing their tickers. They are CHANGING their tracking index to their OWN proprietary SSGA index. This is very troubling to me and I won’t use them for that reason alon...
by John Laurens
Tue Oct 17, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

After logging into my HSA account at TDA, I saw a link to a PDF for the list of free ETFs as of 10/17/17. Also posted on the public site: https://www.tdameritrade.com/investment-products/etfs.page I only use VTI here and it is still an option. There are a total of 30 Vanguard ETFs available. I beli...
by John Laurens
Mon Oct 16, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: TD Ameritrade Drops Vanguard From Revamped Commission-Free ETF Lineup TD Ameritrade will nearly triple its overall c

Not necessarily true. Vanguard will not give you etfs or admiral shares in all accounts. I have 7 figure solo 401k. They will not let me purchase a million dollars of VTSAX or even one share of VTI. Raising the question, "why do you stay?" That is why I am not a customer of Vanguard. I have my acco...
by John Laurens
Mon Oct 16, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: TD Ameritrade Drops Vanguard From Revamped Commission-Free ETF Lineup TD Ameritrade will nearly triple its overall c

(Shrug) I don't know what goes on behind the scenes to make ETFs commission-free or mutual funds "no transaction fee" at a brokerage. For mutual funds, I think the fund company pays the brokerage a kickback fee of some kind. I doubt that Vanguard is willing to do this. Anyway, commission-free ETFs ...
by John Laurens
Mon Oct 16, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

It looks like I'll be transferring assets in-kind out of TDAmeritrade. They have one ETF on the list that has an Average Daily Volume of 57. That's not 5700, it is fifty-seven shares. LOL. I knew it wouldn’t be good. I could call and get them to give me enough free trades to cover me. But I’m a man...
by John Laurens
Sat Oct 14, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

Called and spoke to second rep (one yesterday, one today). He confirmed that November 21 a new commission free etf list would become active. He said notices of list would go out soon. He did confirm that Vanguard ETFs would NOT be included. I asked if he could email me the list. He said that all the...
by John Laurens
Sat Oct 14, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

Grt2bOutdoors wrote:
Sat Oct 14, 2017 4:16 pm
No problemo, use Vanguard brokerage, Vanguard ETF's galore! :D
No can do. Have 7plus figure solo 401k. No etfs, admiral shares in Vanguard’s solo 401k.

Regards,
John
by John Laurens
Sat Oct 14, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

jlgrandam wrote:
Sat Oct 14, 2017 4:10 pm
That is bad news as I use TDA to hold Vanguard ETFs . Where did you first hear about this?
There is an HSA Lively thread. They use TDA as brokerage window. Another BH user mentioned it.

Regards,
John
by John Laurens
Sat Oct 14, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Re: Fellow TDA bogleheads

I had not received any notice from them. I asked rep only because someone else mentioned it in a BH HSA thread. He didn’t comment on which ones would be removed from list. Only that most would be rotated out. Besides cash at Ally, my entire portfolio is at TDA. He mentioned that if it was a big deal...
by John Laurens
Sat Oct 14, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 314
Views: 16017

Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I am a TDA customer. (HSA, taxable,2 solo 401ks, 2 Roth IRAs). I made a large deposit to my taxable account earlier in the week. When I do this my rep usually calls me, he did. I asked him specifically about rumors of them dropping Vanguard ETF’s commission free. He confirmed that “most of them woul...
by John Laurens
Sat Oct 14, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 91
Views: 7800

Re: New HSA provider Lively offers investments for $30/yr fee

I am a TDA customer. (HSA, taxable,2 solo 401ks, 2 Roth IRAs). I made a large deposit to my taxable account earlier in the week. When I do this my rep usually calls me, he did. I asked him specifically about rumors of them dropping Vanguard ETF’s commission free. He confirmed that “most of them woul...
by John Laurens
Fri Oct 13, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 2823

Re: Why would anyone buy long term bonds?

For the same reason someone would give you a 30 year mortgage at 2.8%. And you are a lot riskier than the federal government.

Regards,
John
by John Laurens
Thu Oct 12, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4099

Re: Offensive Valuations

OP, seems reasonable. May I ask a question? Were you pouring money into the S&P 500 in 2010? Were you borrowing on margin and hocking everything to purchase shares in 2010? If not, you were either WRONG then or are WRONG now. Which is it? I didn’t proclaim that the S&P was undervalued then and I don...
by John Laurens
Wed Oct 11, 2017 4:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds
Replies: 3
Views: 574

Re: Vanguard Target Retirement Funds

Yes. On a risk adjusted basis. However, each person and their circumstances determine an individual’s ability and need to take risk.

Regards,
John
by John Laurens
Mon Oct 09, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Vanguard help invest $50,000
Replies: 24
Views: 1888

Re: Taxable Vanguard help invest $50,000

To answer your question, 100% VT. If I were you based off the info you gave, I would pay off any debt including the condo before taxable investing.

Regards,
John
by John Laurens
Sun Oct 08, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 45
Views: 3508

Re: Windfall and advice

If you don’t want to do any rebalancing, I would do 100% tax managed balanced in taxable and 100% life strategy growth in tax advantaged.

Regards,
John
by John Laurens
Fri Oct 06, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8086

Re: I'm thinking about cashing completely out of equites....

Are you correct that the market is “overdue a correction”? If so, you should sell all equities and take a short position in equities with your cash. I realize I could be wrong about anything so I just maintain my AA according to my IPS.

Regards,
John
by John Laurens
Fri Oct 06, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: How best to incorporate lump sum into asset allocation
Replies: 4
Views: 392

Re: How best to incorporate lump sum into asset allocation

I would take the 320k cash and 78k cash emergency fund and apply towards your mortgages. I would be completely debt free in a few months.

Regards,
John
by John Laurens
Thu Oct 05, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side
Replies: 10
Views: 641

Re: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side

SEP IRA’s are very good for small business owners with employees. You just have to decide how generous you want to be. I think an employer contribution approaching 20% for the owner and employees would attract and retain top talent.

Regards,
John
by John Laurens
Wed Oct 04, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Harvested, but to a higher expense ratio
Replies: 3
Views: 261

Re: Harvested, but to a higher expense ratio

I keep my tlh partner indefinitely if the lots have cap gains.

What do you mean by skyrocketed?

Regards,
John
by John Laurens
Tue Oct 03, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: FA Offering Financial Instrument--Turn $90K into $360K
Replies: 18
Views: 1799

Re: FA Offering Financial Instrument--Turn $90K into $360K

He should keep doing exactly what he has been doing. Assuming he loves what he does, “gambling, not having a regular job”, he is far above the average American with a 400 thousand nest egg.

Regards,
John
by John Laurens
Tue Oct 03, 2017 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3693

Re: Chickened out... Now unsure where to start.

My fears which led to the liquidation were mostly around that I wasn't sure that that level of market performance was real/sustainable, concern about world events, and bailed in a moment of weakness. Definitely not looking to repeat that mistake, or at least to make a better decision next time. Why ...
by John Laurens
Mon Oct 02, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6037

Re: Are credit cards rewards worth it?

I know for a fact I spend more when using plastic that I pay off at the end of each month than with a debit card that instantly zaps my checking account. This is true for many people. You can find studies online. You can make your own judgments whether those findings apply to you.

Regards,
John
by John Laurens
Mon Oct 02, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: TD ameritrade to lazy portfolio
Replies: 6
Views: 672

Re: TD ameritrade to lazy portfolio

I have all my accounts at TDA. (VTI, VEA, VWO, BND). All commission free.

Why not just pay cash for a $300k house and be completely debt free? That’s what I would do.

Regards,
John
by John Laurens
Sun Oct 01, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay down some credit card debt?
Replies: 19
Views: 1151

Re: Should I pay down some credit card debt?

Pay off all your debts including your credit cards, today. CC, car loan, student loan, etc.

Regards,
John
by John Laurens
Sat Sep 30, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16253

Re: 3 Comma Club - Still Working and LBYM

26 y/o Silicon Valley “SnapFace” founder here. I feel your pain. Back when I was worth 300 million 6 months ago, Life was so easy. Now after the IPO, the pressures of my peers to keep up with the Ellisons and Zuckerbergs have really got me looking at my budget. It’s tough ya know. Well off to Vegas ...
by John Laurens
Sat Sep 30, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16253

Re: 3 Comma Club - Still Working and LBYM

Russian Oligarch here. Yes still working. My brother Dimitri and I have tried to spend, spend, spend but when you’re in the 3 comma club it’s almost impossible to not LBYM. Now off to bribe a HOS (head of state).

Dasvidaniya,
John
by John Laurens
Sat Sep 30, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16253

Re: 3 Comma Club - Still Working and LBYM

Be patient. Not sure how many billionaires we have on bogleheads.org but they may not check the board frequently.

Regards,
John
by John Laurens
Sat Sep 30, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Non-Retirement funds for a down payment
Replies: 4
Views: 542

Re: Selling Non-Retirement funds for a down payment

I wouldn’t do anything until I no longer had a fiancé. When I had a spouse, we would make financial decisions together. We wouldn’t make any financial decisions that put a strain on our young marriage.

Regards,
John
by John Laurens
Sat Sep 30, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Another Robo Advisor thread
Replies: 31
Views: 2071

Re: Another Robo Advisor thread

If you really want to use Wealthfront, I would use them for your taxable account only and a target date fund across all tax advantages accounts. This combination will avoid wash sale issues. What you have described above sounds like a complete tax nightmare. Regards, John Well the intent is just to...
by John Laurens
Sat Sep 30, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3985

Re: I bought a car without thinking too much about value

The only car you can’t afford is the one that comes with payments.

Regards,
John
by John Laurens
Sat Sep 30, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 22 year old daughter's portfolio?
Replies: 29
Views: 2152

Re: Suggestions for 22 year old daughter's portfolio?

100% Total World. EZPZ. It is what my teens have for their ROTH IRA. (Although I’ve never seen an ER of 0.04 for Total World. The ETF version is 0.11%).

Regards,
John
by John Laurens
Sat Sep 30, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Another Robo Advisor thread
Replies: 31
Views: 2071

Re: Another Robo Advisor thread

If you really want to use Wealthfront, I would use them for your taxable account only and a target date fund across all tax advantages accounts. This combination will avoid wash sale issues. What you have described above sounds like a complete tax nightmare.

Regards,
John
by John Laurens
Fri Sep 29, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Likelihood of a crash and lump sum investing
Replies: 32
Views: 2681

Re: Likelihood of a crash and lump sum investing

I am lump summing every minute of every trading day. With a few mouse clicks I could be 100% cash. Instead I choose to have my “lump sum” invested in my AA as stated by my IPS.

Regards,
John
by John Laurens
Thu Sep 28, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritizing investments - 401(k), HSA, Roth, or Trad IRA?
Replies: 16
Views: 1038

Re: Priotizing investments - 401(k), HSA, Roth, or Trad IRA?

1.401k up to employer match
2. Don’t invest anything else until your car is paid off and no other debt besides mortgage and you have solid emergency fund
3. Max Roth IRA
4. Max HSA
5. Max rest of 401k space
6. Taxable and/or pay extra on mortgage

Those would be my priorities


Regards,
John
by John Laurens
Thu Sep 28, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3792

Re: Tax saving strategies for DINKs

Earn less income, give more to charity, vote for politicians who want significantly lower taxes.

Regards,
John
by John Laurens
Wed Sep 27, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 91
Views: 7800

Re: New HSA provider Lively offers investments for $30/yr fee

Lively is 36 bucks cheaper per year than HSAbank (my current provider) to invest 100% of HSA funds at TDA (which I do). Now to consider if it’s worth the time/money to switch.

Regards,
John