Search found 381 matches

by S_Track
Sat Jan 23, 2021 8:23 am
Forum: Investing - Theory, News & General
Topic: short term cap gain vs dividend
Replies: 2
Views: 303

Re: short term cap gain vs dividend

I don't think the Distribution Yield column matters for ST and LT Cap gains. It may as well be N/A. Here's what comes up when you click on the Distribution Yield underlined text at the top of the column: The fund's current monthly income dividend per share , annualized by dividing by the number of ...
by S_Track
Fri Jan 22, 2021 11:00 pm
Forum: Investing - Theory, News & General
Topic: short term cap gain vs dividend
Replies: 2
Views: 303

short term cap gain vs dividend

If you take a look at the following which is the distribution tab for intermediate term treasury fund. You will find distributions for short/long term capital gains along with dividends https://investor.vanguard.com/mutual-funds/profile/distributions/vfitx 1) how can the distribution yield be the sa...
by S_Track
Thu Jan 14, 2021 4:21 pm
Forum: Personal Investments
Topic: Index fund portfolio to "bookend" Wellesley
Replies: 18
Views: 1932

Re: Index fund portfolio to "bookend" Wellesley

I know that Wellesley is used by many as an all-in-one complete conservative portfolio but I'm interested in "bookending" a ~50% allocation to it with a simple (either fund-of-funds or 3-6 individual fund) portfolio that offsets Wellesley's concentrated all-U.S., value (equities) and inte...
by S_Track
Thu Jan 14, 2021 2:54 am
Forum: Personal Investments
Topic: Index fund portfolio to "bookend" Wellesley
Replies: 18
Views: 1932

Re: Index fund portfolio to "bookend" Wellesley

I know that Wellesley is used by many as an all-in-one complete conservative portfolio but I'm interested in "bookending" a ~50% allocation to it with a simple (either fund-of-funds or 3-6 individual fund) portfolio that offsets Wellesley's concentrated all-U.S., value (equities) and inte...
by S_Track
Sun Dec 27, 2020 10:24 am
Forum: Personal Investments
Topic: Swapping out VFIUX to avoid cap gains ?
Replies: 16
Views: 1121

Re: Swapping out VFIUX to avoid cap gains ?

A long term capital gains distribution is a distribution and it is taxable income taxed at LT rates. It is money in your pocket exactly the same as if you had sold some shares of your holding but with a zero cost basis so that the entire sale was a capital gain (long term by assumption). It is a lo...
by S_Track
Sat Dec 26, 2020 10:58 pm
Forum: Personal Investments
Topic: Swapping out VFIUX to avoid cap gains ?
Replies: 16
Views: 1121

Re: Swapping out VFIUX to avoid cap gains ?

I am confused here. Although you will have to pay taxes on the cap gain isn't the cap gain still a distribution? Thus money in your pocket? Can it be considered an extra dividend but taxed at LT rates? A long term capital gains distribution is a distribution and it is taxable income taxed at LT rat...
by S_Track
Sat Dec 26, 2020 10:05 am
Forum: Personal Investments
Topic: Swapping out VFIUX to avoid cap gains ?
Replies: 16
Views: 1121

Re: Swapping out VFIUX to avoid cap gains ?

Unfortunately, my tax rate is a lot more than 15% for this gain, which means I will pay a lot more in tax than in dividends, especially since this was held since mid year. This was in taxable to reduce this risk of a a lot of muni bonds. Looks like money market for a few months - easy to do, and wi...
by S_Track
Wed Dec 23, 2020 11:44 am
Forum: Personal Consumer Issues
Topic: Regret Concept 2 Model D purchase
Replies: 25
Views: 3116

Re: Regret Concept 2 Model D purchase

I have been lookin at a Concept 2 vs the water rower. Question for those that have the concept 2, how much air does the flywheel throw? My concern is if we have it in a dusty cellar is it going to throw dirt around evetime we use it? For those that have the water rower, if its used by multiple peopl...
by S_Track
Wed Nov 25, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: Website problem: Cannot perform transactions
Replies: 36
Views: 2059

Re: Website problem: Cannot perform transactions

Well it is a new day and low and behold there is a new Vanguard web site problem. When I attempt to sell shares in my money market fund I get the following message: "Your request can't be completed at this time." "Please try again later or contact us at 877-662-7447." When I cal...
by S_Track
Fri Oct 30, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: Where is the money going
Replies: 17
Views: 3417

Re: Where is the money going

Valuations have changed based on what the market thinks they are worth. Money does not have to change hands. Interesting, I thought trades would have to occur before the value could really change? But thinking about this, I could lower the price on a car I would like to sell but still not sell the ...
by S_Track
Fri Oct 30, 2020 6:02 pm
Forum: Investing - Theory, News & General
Topic: Where is the money going
Replies: 17
Views: 3417

Re: Where is the money going

One day you buy a car for 10,000. A few years later it sells again for $3,000. Where did the money go? The value of the car changes over time but it isn't storing money within itself. It feels almost like quantum physics but you have to bring something to market to know what price it will fetch on ...
by S_Track
Fri Oct 30, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: Where is the money going
Replies: 17
Views: 3417

Where is the money going

On a day like today where there is a large drop in the S&P, generally I see a drop in the 10 yr. Today the 10yr is rising, so does that mean money is moving out of stocks and bonds? If that is the case, where is it going, cash? Thanks
by S_Track
Fri Oct 16, 2020 5:10 pm
Forum: Investing - Theory, News & General
Topic: Simplicity on Bond Funds
Replies: 181
Views: 14062

Re: Simplicity on Bond Funds

Ok so any back test of two portfolios, one with corporates and the other treasuries, that have the same AA, we can expect the Corporate one to have the higher expected return since it has greater risk? This does seem to be the case when I try different back tests with Portfolio visualizer. Now in N...
by S_Track
Thu Oct 15, 2020 4:59 pm
Forum: Investing - Theory, News & General
Topic: Simplicity on Bond Funds
Replies: 181
Views: 14062

Re: Simplicity on Bond Funds

Max drawdowns of two portfolios over 26 years, including 2 retreats from euphoria: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&...
by S_Track
Thu Oct 15, 2020 7:16 am
Forum: Investing - Theory, News & General
Topic: Simplicity on Bond Funds
Replies: 181
Views: 14062

Re: Simplicity on Bond Funds

Max drawdowns of two portfolios over 26 years, including 2 retreats from euphoria: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&...
by S_Track
Thu Oct 08, 2020 7:53 am
Forum: Investing - Theory, News & General
Topic: U.S 10 year Treasury (Annual rate)
Replies: 6
Views: 469

U.S 10 year Treasury (Annual rate)

When I look this morning I see the U.S 10 year ~.75%. How should I interpret that, is that the current annual yield that a 10 year note is expected to pay? Ihanks
by S_Track
Sun Oct 04, 2020 8:54 am
Forum: Personal Investments
Topic: removed
Replies: 17
Views: 1654

Re: Should I buy TIPS in Roth if I think stocks and bonds are overpriced?

With VTIP if you hold for duration are you expecting a 0%+- real return if there are no inflation surprise numbers? For example SEC 30 day is -1.32% FRED Data 5 year breakeven 9/29 1.49% Is it 1.49-1.32% = .17% real return right now? No. The SEC yield Vanguard reports for VTIP is a real return. If ...
by S_Track
Wed Sep 23, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 604
Views: 127428

Re: Vanguard's Wellesley Income fund is incredible

Hello All, Morningstar's The Long View Podcast talked with Two of Wellesley's fund managers in their recent episode. "Two Wellington Management portfolio managers discuss how they manage risk at Vanguard Wellesley Income, why they’ve taken a liking to busted growth stocks, and where they’re fin...
by S_Track
Sun Sep 20, 2020 5:41 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 371
Views: 67335

Re: The One-Fund Portfolio as a default suggestion

A possible scenario would be for VG to drop Total Stock and Total international in favor of Total World. I don't think that Vanguard is likely to drop home bias down to zero. But... If that were to happen, could it bring a large unexpected tax consequences for investors? Thinking the fund would nee...
by S_Track
Sun Sep 20, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 371
Views: 67335

Re: The One-Fund Portfolio as a default suggestion

I'm confident that global (free-float) stock and bond weightings will remain balanced (e.g. closer to 50% than to 100% for both assets) and, as a consequence, that a 60/40 stock/bond target allocation will remain close enough *. As for Vanguard, it has historically improved its LifeStrategy funds (...
by S_Track
Sat Sep 12, 2020 7:40 am
Forum: Personal Investments
Topic: Betterment, Vanguard LifeStrategy, or Vanguard DIY?
Replies: 13
Views: 1426

Re: Betterment, Vanguard LifeStrategy, or Vanguard DIY?

Lifestrategy funds use international and international bonds - both not good. I’m not going to reopen that debate, but just point out the difference between the forum’s underlying philosophies and individual beliefs to a newcomer. OP, since you’re new to investing and new to this forum, I’ll state ...
by S_Track
Sun Aug 30, 2020 9:01 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19859

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

"Because of Vanguard’s client-owned structure it cannot simply waive fees and cover them, the industry’s traditional method of protecting investors from low interest rates." "Instead, as yields fall below expenses on the Vanguard Pennsylvania Municipal Money Market Fund, expenses of ...
by S_Track
Fri Aug 28, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19859

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

Federal MM needs to meet the liquidity requirements of a settlement fund, but Cash Reserves will not need to. Cash Reserves will still be a cash fund managed for a stable share price. Would you explain what this means in further detail. Does it mean during a crisis (large withdrawals) the cash rese...
by S_Track
Fri Aug 28, 2020 3:41 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19859

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

Looking at the total net assets for the three MM accounts, shows most investors prefer the Federal. This is what's on VG's site as of today. Is there a way to see this over time, I would be curious to the amounts pre-March? Federal (Settlement account): Fund total net assets $196.4 billion Prime: Fu...
by S_Track
Fri Aug 28, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19859

Re: Vanguard shifting prime money market fund to safer U.S.-backed investments

Does anyone know if "Liquidity fees and gates" have been used with Money Market funds in the past by VG or other brokers? Good question I would like to know as well. Also do the Liquidity fees and gates make the fund safer by giving VG tools during a crisis? So comparing the settlement fu...
by S_Track
Mon Aug 17, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: Should I purchase a whole house generator?
Replies: 321
Views: 16463

Re: Should I purchase a whole house generator?

Dontridetheindexdown wrote: Mon Aug 17, 2020 8:41 am Using a transformer to feed your manual transfer switch requires at least a similar level of expertise as operating an automobile.
I am confused here, why even suggest a transformer when you can find a 240V portable generator at a reasonable price compared to a 120V generators? Thanks
by S_Track
Mon Aug 17, 2020 7:37 am
Forum: Personal Consumer Issues
Topic: Should I purchase a whole house generator?
Replies: 321
Views: 16463

Re: Should I purchase a whole house generator?

What I did was use the manual 240v transfer switch linked below. This switch selects a feed either from your main panel or the generator. It feeds a standard sub panel where you move those circuits you intend to run on the generator. In my case I have my well, Fridge, furnace, Disposal and some ligh...
by S_Track
Sun Aug 02, 2020 1:58 am
Forum: Investing - Theory, News & General
Topic: How banks create money, not from deposits
Replies: 135
Views: 14993

Re: How banks create money, not from deposits

Ben Felix explains how banks create money on this weeks rational reminder podcast. Good summary for this thread. Starts around 20 min mark,

https://rationalreminder.ca/podcast/109
by S_Track
Fri Jul 31, 2020 10:42 pm
Forum: Personal Consumer Issues
Topic: Do any Bogleheads have a finance YouTube Channel or watch any???
Replies: 7
Views: 1069

Re: Do any Bogleheads have a finance YouTube Channel or watch any???

tommy85 wrote: Fri Jul 31, 2020 10:21 pm
Triple digit golfer wrote: Fri Jul 31, 2020 1:26 pm Ben Felix. You won't find a better investing channel.
1+
2+
by S_Track
Wed Jul 29, 2020 10:28 pm
Forum: Personal Investments
Topic: Best bond fund advice for home down payment?
Replies: 11
Views: 1213

Re: Best bond fund advice for home down payment?

Below is a list of bond funds available with Vanguard that I pulled from their website after speaking with a representative on the phone. I only listed the treasury/agency funds and I skipped the investment-grade , below-investment-grade , and tax-exempt options as those don’t seem suitable for my ...
by S_Track
Fri Jul 24, 2020 4:08 pm
Forum: Personal Investments
Topic: Vanguard Target Date Fund or 3 Fund Portfolio
Replies: 19
Views: 1723

Re: Vanguard Target Date Fund or 3 Fund Portfolio

If one is in retirement and taking RMD's as primary source of income, would you not want to have a few years in s t bonds to draw down. If it is all target date, you could be drawing down in a big down equity market, and could also be drawing down on bond losses if interest rates really took off. I...
by S_Track
Mon Jul 20, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: CLOs vs bond fund
Replies: 13
Views: 740

Re: CLOs vs bond fund

Thanks everyone for the comments.
by S_Track
Mon Jul 20, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: CLOs vs bond fund
Replies: 13
Views: 740

Re: CLOs vs bond fund

Norinchukin, a Japanese agricultural bank, owns 10% of all CLOs and 17% of the AAA tranches. An extraordinary concentration of risk. Reminiscent of the way some German financial institutions held American CDOs in the run up to 2008. Mutual funds can invest in tranches of CLOs. This would be credit ...
by S_Track
Mon Jul 20, 2020 6:06 am
Forum: Investing - Theory, News & General
Topic: CLOs vs bond fund
Replies: 13
Views: 740

Re: CLOs vs bond fund

How would a clo differ from a bond fund that included bonds of different grades? I understand you can invest in the tranche of the CLO is that the key? And what is meant by the equity portion of the clo? Thanks Frank Partnoy has a good, simple introduction to CLOs in The Atlantic for July August. E...
by S_Track
Sun Jul 19, 2020 8:35 am
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 203
Views: 16499

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

Good discussion. I moved my bond allocation to this fund for safety back at the start of the COVID crisis (much of it was in the Short-Term Investment Grade fund) and not too worried about it yet. It's about 17% of my portfolio. Why did you choose the active fund? Why not Vanguard Short-Term Treasu...
by S_Track
Sun Jul 19, 2020 12:08 am
Forum: Investing - Theory, News & General
Topic: CLOs vs bond fund
Replies: 13
Views: 740

CLOs vs bond fund

How would a clo differ from a bond fund that included bonds of different grades? I understand you can invest in the tranche of the CLO is that the key? And what is meant by the equity portion of the clo? Thanks
by S_Track
Sun Jun 28, 2020 9:28 pm
Forum: Investing - Theory, News & General
Topic: New wiki videos explain Bogleheads investment philosophy
Replies: 10
Views: 1043

Re: New wiki videos explain Bogleheads investment philosophy

I have substantially updated the first three of the ten videos in the wiki that explain the Bogleheads® investment philosophy to beginner investors. Comments welcome in this thread. My heart sank in March 2020 when I witnessed people panic-sell after being seduced into stocks by the long bull marke...
by S_Track
Sat Jun 27, 2020 9:47 am
Forum: Investing - Theory, News & General
Topic: Mutual fund, effect on stock prices
Replies: 5
Views: 397

Mutual fund, effect on stock prices

I understand that Mutual fund purchases and redemption happen once a day after the market closes and the Nav is determined. But when do the mutual funds themselves make the actual trade in the Market? If this is delayed, is it possible that a large inflow into a mutual fund would not have an effect ...
by S_Track
Tue Jun 23, 2020 9:22 pm
Forum: Investing - Theory, News & General
Topic: US Treasury bond funds doing great.
Replies: 14
Views: 2024

Re: US Treasury bond funds doing great.

If interest rates stay the same, as bonds held by OP's fund mature and are replaced by newer bonds at lower rates, the fund's price should fall, right? Great question, would like to know the answer as well. What you say makes sense but I bet the fund price would remain the same. My guess and I am p...
by S_Track
Tue Jun 23, 2020 2:43 pm
Forum: Investing - Theory, News & General
Topic: US Treasury bond funds doing great.
Replies: 14
Views: 2024

Re: US Treasury bond funds doing great.

If interest rates stay the same, as bonds held by OP's fund mature and are replaced by newer bonds at lower rates, the fund's price should fall, right? Great question, would like to know the answer as well. What you say makes sense but I bet the fund price would remain the same. My guess and I am p...
by S_Track
Sun Jun 14, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 407
Views: 39842

Re: The axe falls and I am prepared. What's next?

KlangFool wrote: Sun May 31, 2020 4:03 pm
X528 wrote: Sun May 31, 2020 3:21 pm "E) 1.35 to 1.4 million 60/40 portfolio"

Is the 60%stock/40%bond a permanent, fixed portfolio allocation, even in retirement?
Yes.

KlangFool
Curious how long you have held the 60/40? Have you given any recent thought on changing this given your current circumstances. thanks
by S_Track
Thu Jun 04, 2020 12:44 pm
Forum: Personal Investments
Topic: Wellesley, LifeStrategy Conservative Growth and/or Target Retirement Income Funds for Risk-averse retiree
Replies: 17
Views: 1974

Re: Wellesley, LifeStrategy Conservative Growth and/or Target Retirement Income Funds for Risk-averse retiree

I'm thinking that a 50:50 mix of Wellesley and LifeStrategy Conservative Growth or Target Retirement Income might be a decent approach. Like many others here I'm an indexer at heart but I find Wellesley's decades of out-performance hard to argue with and do tend to believe that if there's alpha to ...
by S_Track
Fri May 22, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 407
Views: 39842

Re: The axe falls and I am prepared. What's next?

GoldenFinch wrote: Fri May 22, 2020 9:07 pm Klangfool I have always enjoyed your posts! I’m sorry that this layoff has happened. You were well prepared for this possibility and I wish you well in figuring out whether to retire or not. Best of luck and I look forward to your future posts.
+1
by S_Track
Thu May 21, 2020 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: investmenting books
Replies: 28
Views: 1727

Re: investmenting books

I commonly recommend Mike Piper's 100 page book, Investing Made Simple, to any new investor. +1 + 2 Mike Piper's Investing Made Simple, It's a quick read and if they learn from examples that is the book for them. Then move to Bill Bernstein's "If You Can" as others suggested. https://www....
by S_Track
Thu May 21, 2020 4:44 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6369

Re: I freaked out…now what?

I’ve never sold on fear in my life and know better, but on 3/13 I sold 100% of my investments. I was down like 8% for year. I am curious, when you decided to sell, did you consider just adjusting your AA rather than going all to cash? I remember and interview with Bogle where he said, if you are ge...
by S_Track
Wed May 13, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 9137

Re: Vanguard Mutual Fund Platform EOL

MadHungarian wrote: Wed May 13, 2020 7:32 pm I'm using both of them, the old one for me and the new one for my dad.
I definitely like the old one better. But i suppose i'll survive.
I have only used the new one, but curious, what do you like about the old one?
by S_Track
Fri May 08, 2020 4:53 pm
Forum: Personal Investments
Topic: Vanguard Check policy changing in July
Replies: 22
Views: 2133

Re: Vanguard Check policy changing in July

As a senior citizen I always send a personal check to Vanguard to deposit in my different accounts. They just informed me no longer taking stand-alone checks after July. Want me to link to bank account or get their mobile app (forget the app. I don't understand that stuff). I will do the link to my...
by S_Track
Sun May 03, 2020 11:38 pm
Forum: Personal Investments
Topic: Should I abandon VFIUX in favor of VSIGX (Vanguard Intermediate-Term Treasury funds)?
Replies: 7
Views: 1208

Re: Should I abandon VFIUX in favor of VSIGX (Vanguard Intermediate-Term Treasury funds)?

megaroth wrote: Sun Apr 26, 2020 9:02 pm Thanks to everyone for the thoughts. It's all in tax-deferred, so no concerns on that front.
VFIUX does have TIPS at least according to its description. Do you think that could be a difference moving forward should we have unexpected inflation?
by S_Track
Wed Apr 29, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Help me understand Quantitative Easing
Replies: 22
Views: 2211

Re: Help me understand Quantitative Easing

I am curious why you changed the example to me as an individual rather than the bank? I assume the same would apply to a company or a bank who held a bond? Yes, anyone can sell a bond. Remember our discussion of bank-created money? https://www.bogleheads.org/forum/viewtopic.php?t=243889 I used S_Tr...