Search found 7349 matches

by aristotelian
Thu Jun 04, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1533
Views: 124431

Re: Small Cap Value heads Rejoice !!!

If you observe here: https://finance.yahoo.com/chart/SLYV, SLYV has had major volume 3 days in a row. Approx. 1.8 million shares per day for the past 3 days which hasn't happened since some of the early covid swing days. What's up? Is this algorithmic trading? I don't mind the bump in portfolio gro...
by aristotelian
Thu Jun 04, 2020 3:00 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1533
Views: 124431

Re: Small Cap Value heads Rejoice !!!

% change from 52 week low:

SLYV +49%
VXF +60%
S&P500 +41.8%

SLYV still down 22% from 52-week high and below 200-day ma, however.
by aristotelian
Thu Jun 04, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 361
Views: 96016

Re: Vanguard's Wellesley Income fund is incredible

I wonder what will be the maximum drawdown of Wellesley Income Fund during this recession. I think in 2008-2009 it was 18%. Appears to have bottomed out at about -9%. Bonds held up nicely this time. That's looking at monthly data. Looking at daily data, the drawdown was -17.4%. Ah, good catch. The ...
by aristotelian
Thu Jun 04, 2020 1:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 361
Views: 96016

Re: Vanguard's Wellesley Income fund is incredible

Blue456 wrote:
Fri Mar 13, 2020 6:37 am
I wonder what will be the maximum drawdown of Wellesley Income Fund during this recession. I think in 2008-2009 it was 18%.
Appears to have bottomed out at about -9%. Bonds held up nicely this time.
by aristotelian
Thu Jun 04, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 84
Views: 5538

Re: Selling wife's 1-year old car?

Am I understanding this correctly? You’ve got a *pregnant* wife, are house hunting, make decent money, and you’re thinking about suggesting to your *pregnant* wife that you sell her car and replace it with something cheaper? Don’t do it. Focus on the baby and house. The rest will work itself out. D...
by aristotelian
Thu Jun 04, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: What is M1 Brokerage?
Replies: 6
Views: 647

Re: What is M1 Brokerage?

A few lines below TOD fees you may have quoted - “Direct Account Transfers” Guessing this is what you have to look for Outgoing transfer fees of $100 . This ain’t necessarily cheap either !! (But half the $200 as mentioned$ https://www.m1finance.com/legal/disclosures/misc-fees/ It looks like for an...
by aristotelian
Thu Jun 04, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: What is M1 Brokerage?
Replies: 6
Views: 647

Re: What is M1 Brokerage?

They do have a pretty high transfer-out fee should you have second thoughts after trying out the platform.
by aristotelian
Wed Jun 03, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: Does NTSX makes sense if interest rates go up?
Replies: 4
Views: 575

Re: Does NTSX makes sense if interest rates go up?

NTSX makes about as much sense as a 60/40 balanced fund but leveraged 1.5X. It should perform well in a variety of circumstances. If interest rates rise, the bond portion would be expected to go down, but you would hope that rising rates would reflect a strengthening economy which would be good for ...
by aristotelian
Wed Jun 03, 2020 4:03 pm
Forum: Investing - Theory, News & General
Topic: Looking for a similar site to Bogleheads for TIAA
Replies: 15
Views: 1065

Re: Looking for a similar site to Bogleheads for TIAA

There are plenty of Bogleheads that are familiar with TIAA through their employer plans. No need to go to a second forum. I think a Vanguard Target Date fund is an excellent choice for a core position. TIAA Traditional Annuity is also an excellent option for fixed income that is highly regarded by T...
by aristotelian
Wed Jun 03, 2020 2:46 pm
Forum: Personal Investments
Topic: Any reason to use MMFs now?
Replies: 13
Views: 1646

Re: Any reason to use MMFs now?

I don't see any reason. Free lunches in investing are rare. Might as well take them when the opportunity is there. For those saying "simplicity," do you really mean "inertia"?
by aristotelian
Wed Jun 03, 2020 9:34 am
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 41
Views: 3915

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

Well, I'm revivng this thread to confess that I'm buying the 2020 maximum for EE bonds in 2020. I'm including this as part of my bond allocation and have reduced my bond holding accordingly in my tax-advantage account, so I've expanded my tax-advantaged space. The rate just got too attractive to ig...
by aristotelian
Wed Jun 03, 2020 6:18 am
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 49
Views: 2787

Re: What cellphone plan do you recommend?

Mint for 15/month. I buy cheap unlocked phones so no worries about phone protection. It is true the network coverage is not 100%. It is about 99% and that is good enough for me.
by aristotelian
Tue Jun 02, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax to save Tax files
Replies: 16
Views: 1044

Re: Turbo Tax to save Tax files

Saving the file is a good idea in case you need to carry over prior year info such as tax losses etc. I just keep everything, paper, PDF, and TT file.
by aristotelian
Tue Jun 02, 2020 2:28 pm
Forum: Investing - Theory, News & General
Topic: Is Buying Fractional Shares a Great Thing??
Replies: 31
Views: 2559

Re: Is Buying Fractional Shares a Great Thing??

Northern Flicker wrote:
Tue Jun 02, 2020 2:16 pm
Mutual funds allow fractional share purchases. The ETF providers want to minimize the number of reasons someone might choose a mutual fund over an ETF.
Or rather, the fintech brokers want to take advantage of the existence of ETF's to disrupt the mutual fund model and make it obsolete.
by aristotelian
Tue Jun 02, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: HSABank changing terms about account minimums?
Replies: 28
Views: 1515

Re: HSABank changing terms about account minimums?

Why do you say it is a change in terms? From what I understand, HSA Bank has had a threshold for the investment account. It is possible that your employer used to subsidize that cost and that is what changed.

I bypass my employer HSA and go straight to Fidelity with no fees and no minimum.
by aristotelian
Tue Jun 02, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: DR recommending i stay home from work for entire 3ed trimester of Pregnant Fiancé
Replies: 45
Views: 3545

Re: DR recommending i stay home from work for entire 3ed trimester of Pregnant Fiancé

I am not a doctor, but CDC says the pregnancy is not an additional risk factor. I am surprised they are advising to avoid work unless you are in some kind of high risk profession like nursing home or health care. Ironically, the doctor who told you that is still going to the office. If you decide to...
by aristotelian
Tue Jun 02, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: Is Buying Fractional Shares a Great Thing??
Replies: 31
Views: 2559

Re: Is Buying Fractional Shares a Great Thing??

It is a big deal for new investors who otherwise couldn't afford full shares of popular stocks like AMZN or GOOG, or even VTI.
by aristotelian
Tue Jun 02, 2020 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Daughter started working [max contribute to 401k this year or next?]
Replies: 57
Views: 2290

Re: Daughter started working

She should definitely max if she can because she gets the credit whether Roth or Traditional. I think I would do traditional up to employer match and then as much as she can in Roth IRA/401k for the rest. At the most she will be in the 12% tax bracket, might as well lock in that rate. Especially fo...
by aristotelian
Tue Jun 02, 2020 11:28 am
Forum: Investing - Theory, News & General
Topic: Managing a foundation portfolio
Replies: 8
Views: 327

Re: Managing a foundation portfolio

No, it is the opposite. In order to sustain spending and stay ahead of inflation, the foundation *has* to take risk and invest with a long timeframe. No risk, no return. The higher their spending requirement, the more risk they need to take. The problem arises if their spending is *fixed*. Most fou...
by aristotelian
Tue Jun 02, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Late husband's life insurance from childhood
Replies: 21
Views: 2483

Re: Late husband's life insurance from childhood

A lot of people have the attitude "my kids are my retirement plan." If that is the case, taking out insurance on your kids makes sense. Sorry for your loss.
by aristotelian
Tue Jun 02, 2020 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Daughter started working [max contribute to 401k this year or next?]
Replies: 57
Views: 2290

Re: Daughter started working

She should definitely max if she can because she gets the credit whether Roth or Traditional. I think I would do traditional up to employer match and then as much as she can in Roth IRA/401k for the rest. At the most she will be in the 12% tax bracket, might as well lock in that rate. Especially for...
by aristotelian
Tue Jun 02, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Managing a foundation portfolio
Replies: 8
Views: 327

Re: Managing a foundation portfolio

On point #1, no. Critically, I will point out that #2 contradicts itself. If the foundation requires a high disbursement it probably can’t afford to take much in the way of risks. No, it is the opposite. In order to sustain spending and stay ahead of inflation, the foundation *has* to take risk and...
by aristotelian
Tue Jun 02, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Managing a foundation portfolio
Replies: 8
Views: 327

Re: Managing a foundation portfolio

Should this be done similarly to a retirement portfolio? Are there different principles? The primary differences I can think of are: 1. Extremely low capital gains taxes, but no 0 tax options 2. High risk preference and higher disbursement rate Not sure what you mean by 1. Nonprofit foundations are...
by aristotelian
Sun May 31, 2020 9:36 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 56
Views: 10474

Re: advice on retirement portfolio for a $20m windfall

No different than 20K or $2M, just more zeroes. Just figure out your risk tolerance and set up your portfolio accordingly. I would err on the conservative side with less need to take risk.
by aristotelian
Sun May 31, 2020 7:11 am
Forum: Personal Investments
Topic: M1 or SoFi Customer Service
Replies: 28
Views: 918

Re: M1 or SoFi Customer Service

My recommendation is to simply avoid these toy brokerages and use a real brokerage. If that means once a month clicking to buy ETF shares, then so be it. BTW, many of the toy brokerages are very good at getting your money, but not so good at transferring your shares and money away from them. I woul...
by aristotelian
Sun May 31, 2020 6:30 am
Forum: Investing - Theory, News & General
Topic: Should I pull out of TIAA Real Estate...?
Replies: 33
Views: 1809

Re: Should I pull out of TIAA Real Estate...?

I sold mine a long time ago, more because I don't trust the way the fund is valued. I also don't overweight REIT. If you are convinced of your thesis is there a REIT that is residential only?
by aristotelian
Sat May 30, 2020 9:58 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1166

Re: An NTSX alternative in taxable?

I can't wrap my head around borrowing to buy bonds. Your expected return should be about the same as 80/20. If the point of overweighting bonds is to reduce risk, does the use of leverage accomplish that? Even if margin interest gets you a tax deduction, the extra bond income is taxed at your margi...
by aristotelian
Sat May 30, 2020 9:29 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1166

Re: An NTSX alternative in taxable?

I can't wrap my head around borrowing to buy bonds. Your expected return should be about the same as 80/20. If the point of overweighting bonds is to reduce risk, does the use of leverage accomplish that? Even if margin interest gets you a tax deduction, the extra bond income is taxed at your margin...
by aristotelian
Sat May 30, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Move HSA to Fidelity or Elsewhere?
Replies: 34
Views: 1812

Re: Move HSA to Fidelity or Elsewhere?

I have Fidelity and have my employer direct deposit contributions, bypassing my employer HSA. If your employer will do that for you, you don't need to worry about transfer fees open thresholds. Must my employer do it for me? Can I directly contribute to a Fidelity HSA I personally open, outside of ...
by aristotelian
Sat May 30, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Best One Stop Shop w/ banking & leveraged funds
Replies: 12
Views: 939

Re: Ally vs. M1 (One Stop Shop w/ banking & leveraged funds)

Mutual fund transaction fees would be a deal breaker for me. Seems like if your are interested in PSLDX you should go straight to PIMCO. Great thing about NTSX is that it is an ETF so that opens up a lot of options. I buy NTSX thru Schwab. The major issue with Schwab is their cash yields are low. Ot...
by aristotelian
Sat May 30, 2020 7:12 am
Forum: Personal Finance (Not Investing)
Topic: COVID related charitable contributions
Replies: 6
Views: 312

Re: COVID related charitable contributions

I asked this question when we got our stimulus check and got surprisingly few answers. We donated to Doctors Without Borders, Feeding America, CDC COVID19 fund, local food bank, and our local community foundation COVID19 relief fund.
by aristotelian
Fri May 29, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: 70/30 - Expected Real Return?
Replies: 69
Views: 4933

Re: 70/30 - Expected Real Return?

Portfoliovisualizer Monto Carlo gives the following range of outcomes for 70% US Total Stock/30% US Bond: 10th %ile: 3.6% Real (6.3% Nominal) 25th %ile: 5.1% (7.8%) 50th %ile: 6.6% (9.3%) 75th %ile: 8.1% (10.9%) The numbers are about 1% lower across the board if you include International. Some think...
by aristotelian
Fri May 29, 2020 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Two accountants disagree - Bogleheads for the tiebreaker
Replies: 64
Views: 3757

Re: Two accountants disagree - Bogleheads for the tiebreaker

Are they considering the option to give it all to the wife?
by aristotelian
Fri May 29, 2020 6:24 am
Forum: Personal Investments
Topic: Can I Do This and Is It Optimal? (Multiple Rollovers)
Replies: 3
Views: 269

Re: Can I Do This and Is It Optimal? (Multiple Rollovers)

I agree, would ve simpler to roll the old 401k directly into new 401k. The other advantage is you will have less money out of market for less time. Doing it your way would essentially having the old 401k out of market twice and all of the funds out of market all at once. Going from 401k to 401k, you...
by aristotelian
Thu May 28, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Move HSA to Fidelity or Elsewhere?
Replies: 34
Views: 1812

Re: Move HSA to Fidelity or Elsewhere?

I have Fidelity and have my employer direct deposit contributions, bypassing my employer HSA. If your employer will do that for you, you don't need to worry about transfer fees open thresholds.
by aristotelian
Thu May 28, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k - elective deferral agreement question
Replies: 16
Views: 546

Re: Solo 401k - elective deferral agreement question

I have never been asked for the form, not by the custodian, not by the IRS. IMO the form is basically a vestige of the traditional 401k, which requires an agreement between employer and employee to contribute to the plan. The form makes no sense in a self employment context except to fulfill the leg...
by aristotelian
Thu May 28, 2020 2:20 pm
Forum: Personal Investments
Topic: Roth IRA invested too much?
Replies: 10
Views: 907

Re: Roth IRA invested too much?

That is a problem but not a big one. You can call your provider and withdraw the excess, paying tax only on the gains. Usually I believe you need to do this by April 15 but you may be able to do it due to the stimulus bill. Alternatively, you can leave it in and pay a 6% excise tax on the overcontri...
by aristotelian
Wed May 27, 2020 9:32 pm
Forum: Personal Investments
Topic: How to invest lots of maturing CDs in this investment climate
Replies: 55
Views: 20451

Re: How to invest lots of maturing CDs in this investment climate

If you have a long timeframe, EE Bonds are looking good right now. If you are willing to take some risk, something like QLTA ETF (AAA to A rated corporate bonds). If you can't take market risk or duration risk, I would be inclined to stick with HYSA until you see rates creep back up. Could be a long...
by aristotelian
Wed May 27, 2020 12:38 pm
Forum: Personal Investments
Topic: ... and now what? taxable account or Roth?
Replies: 9
Views: 455

Re: ... and now what? taxable account or Roth?

In the 22% tax bracket I would continue to max the 403b, then Roth IRA, then taxable.
by aristotelian
Wed May 27, 2020 6:41 am
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 69
Views: 5280

Re: Anyone screwed up timing the market?

I stayed in but didn't rebalance. I should have done so but I don't like making big trades when things are so volatile. Never had a chance for the market to find a bottom. Missed opportunity for sure but I am OK with it. One thing I have been good at as an investor is never, ever sell when stocks a...
by aristotelian
Tue May 26, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 313
Views: 16464

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

What’s wrong with the public schools? This is going to stray into politics but... they have been massively defunded as well as hyperfocused on standardized testing. Even in so called "good" public schools, kids are no longer challenged and taught to think and write. I volunteered at our local high ...
by aristotelian
Tue May 26, 2020 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 313
Views: 16464

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

What’s wrong with the public schools? This is going to stray into politics but... they have been massively defunded as well as hyperfocused on standardized testing. Even in so called "good" public schools, kids are no longer challenged and taught to think and write. I volunteered at our local high ...
by aristotelian
Tue May 26, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 313
Views: 16464

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

What’s wrong with the public schools? This is going to stray into politics but... they have been massively defunded as well as hyperfocused on standardized testing. Even in so called "good" public schools, kids are no longer challenged and taught to think and write. I volunteered at our local high ...
by aristotelian
Mon May 25, 2020 11:33 pm
Forum: Investing - Theory, News & General
Topic: Taxable Account - a Swiss Army Knife for Savers
Replies: 42
Views: 5692

Re: Taxable Account - a Swiss Army Knife for Savers

As a retiree, my preferences of where I want my money to BE is as follows: BEST: Roth IRA BETTER: Taxable account (not so) GOOD: Traditional IRA Everything in a ROTH is mine , tax free. I only pay taxes on gains in a taxable account. I pay max tax on everything taken out of a traditional IRA. This ...
by aristotelian
Mon May 25, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Fractional Investing
Replies: 22
Views: 1462

Re: Fractional Investing

I just opened an account at Sofi Invest which does fractional shares. They are offering a bonus for $75 of a stock you choose with $1K to open. No ACATS fee to transfer out, so seems like a no brainer. I chose Teladoc. I am also a happy customer of M1 and they are running a bonus now, $100 for $20K ...
by aristotelian
Mon May 25, 2020 2:12 pm
Forum: Personal Investments
Topic: Any suggestions for the homestretch of my retirement plan?
Replies: 21
Views: 1627

Re: Any suggestions for the homestretch of my retirement plan?

Seems fine. I assume you can cut expenses or downsize the house if you hit a negative sequence of returns. Maybe convert that VTSAX in taxable to VTI to neaten things up? Thats all I got for you.
by aristotelian
Mon May 25, 2020 12:49 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 73
Views: 6357

Re: I have no risk tolerance: where am I supposed to keep my money?

What was your thinking that put you at 90/10? I might suggest letting ypur stocks ride while buying bonds and CDs with new money.

100% Traditional IRA is unusual. Are you sure that is optimal?
by aristotelian
Mon May 25, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 69
Views: 5280

Re: Anyone screwed up timing the market?

I re-balanced from bonds to stocks towards the bottom to keep in line with my 70/30 AA (it had drifted to 64/36) , but then the market shot back up so I am not sure it was the right move or not. Since you bought at the bottom I would say it was definitely the right move (at least for now, knock on ...