Search found 87 matches

by Money Market
Wed Jul 04, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Live Oak Bank still competing with the big boys
Replies: 4
Views: 675

Re: Live Oak Bank still competing with the big boys

You can buy brokered CDs for better rates. e.g., a 3% (after commission) for a 3 year CD.
by Money Market
Tue Jun 19, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Universal life insurance within ones Asset Allocation Model
Replies: 15
Views: 1335

Re: Universal life insurance within ones Asset Allocation Model

I have had other universal life policies for business purposes, and they always collapsed to the guarantee and so "blew up" after a decade or two. So IMHO one should expect the returns on any universal life policy to collapse to the guarantee. Interesting, I know banks buy loads of life insurance o...
by Money Market
Sun May 13, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Moving Assets into an Irrevocable Trust
Replies: 5
Views: 578

Re: Moving Assets into an Irrevocable Trust

Gifting an IT the proceeds to purchase life insurance for the trust to purchase life insurance and to pay it's premiums prevents the death benefit from being counted in am estate during the grantor's decedence. This is called an Irrevocable Life Insurance Trust.
by Money Market
Wed May 02, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA non-resident
Replies: 9
Views: 836

Re: Inherited IRA non-resident

For any expatriates redirected here from Google, it IS NEVER a good idea to willfully disclose to a brokerage that you're living out of the country for these sort of reasons. Account lock outs, service denial, assets frozen, etc.
by Money Market
Sun Apr 08, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited a testamentary trust - cost basis seems wrong
Replies: 9
Views: 1168

Re: Inherited a testamentary trust - cost basis seems wrong

After long delay - closing the story on this post in case anyone was still following it. Turns out bsteiner was spot-on with the advice to have the basis re-set. Working with the lawyer who set up the trust, and the accountant who prepared my parents taxes it took until January of 2018 to have the ...
by Money Market
Mon Apr 02, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 5236

Re: Customer Service with Vanguard

I'm glad for those folks who have not experienced these problems; I wish I could be part of that group. :beer My thoughts exactly. The non-profit status and Jack Bogle philosophy sound great. The low expense ratio and no sales pressure seem amazing. The people complaining on forums seem like isolat...
by Money Market
Sun Apr 01, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 5236

Re: Customer Service with Vanguard

All 3 siblings were identified as beneficiaries on this IRA, and so one would think it would be easy to divide into thirds. It wasn't. Here's what happened: Back to the division of the IRA.... about a month after the second set of forms was submitted, I was able to see that my inherited IRA had bee...
by Money Market
Sun Apr 01, 2018 5:21 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 5236

Re: Customer Service with Vanguard

I think you'll find many posts on this forum addressing this issue. Some people have experienced problems, some not. I've used Vanguard for ~20 years and never had a problem until I had to settle my mother's estate. Then, the problems began. ... and to balance out your experience, I've been with VG...
by Money Market
Sun Apr 01, 2018 5:20 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 5236

Re: Customer Service with Vanguard

I've used Vanguard for ~20 years and never had a problem until I had to settle my mother's estate. Then, the problems began. Vanguard reps made patently incorrect statements and sometimes contradictory statements. They sent incorrect forms, multiple times. Vanguard screwed up the division of one ac...
by Money Market
Sat Mar 31, 2018 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Fees
Replies: 10
Views: 865

Re: Vanguard Advisor Fees

what are the reasons you initially signed up for PAS, and are they still valid now?
by Money Market
Thu Mar 29, 2018 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Investing 150k of law school tuition
Replies: 7
Views: 892

Re: Investing 150k of law school tuition

Why not put it into a 529 for the tax deduction (if your state allows it)?
by Money Market
Thu Mar 29, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 6569

Re: Max-funding an Index Universal Life policy to the IRS limit??

I believe the FA tried to setup an infinite banking policy via an IUL. Whitecoatinvestor's website has many well-written articles explaining why it's a terrible idea in the long-term.
by Money Market
Mon Mar 26, 2018 2:13 am
Forum: Investing - Theory, News & General
Topic: What if you DCA'd down and reinvested dividends at Japan's all-time high?
Replies: 14
Views: 1808

Re: What if you DCA'd down and reinvested dividends at Japan's all-time high?

Given that you DCA invest on an annual basis into the Nikkei 255 at the top and reinvest dividends, what would be your average annual returns up to today on both a nominal and real basis? A lot depends on your exact assumptions. Say you invest $10,000 a year in January 1 of every year from January ...
by Money Market
Sun Mar 25, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: What if you DCA'd down and reinvested dividends at Japan's all-time high?
Replies: 14
Views: 1808

What if you DCA'd down and reinvested dividends at Japan's all-time high?

A lot of people here love to claim that you would still be down if you had invested in Japan at the top of the bubble because even today, the Nikkei 255 hasn't touched its all-time high yet. This doesn't make sense to me because it assumes that an investor lump sums all the money s/he will ever inve...
by Money Market
Sun Mar 25, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Vulture Investing - Liens
Replies: 3
Views: 1007

Vulture Investing - Liens

I've been reading about alternative investments and bumped into the concept of "Lien funds" or outright buying the liens at auction. The concept is quite interesting, although only 1% of the liens end up in a lottery payout (foreclosure). It's not my cup of tea, but I'd love to hear about the experi...
by Money Market
Mon Mar 19, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11598

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

The obvious answer is yes (lol I know that will get quoted) but I'm just wondering, as much as BHs are "anti market time" A lot of BH are market timers. Just look at the sudden influx of supporters of nternational investing after it's 2017 outperformance over domestic stocks. Another example would ...
by Money Market
Tue Mar 06, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard National Trust Company performance returns
Replies: 1
Views: 323

Vanguard National Trust Company performance returns

I was wondering for those whom use VNTC what the specific funds they put your assets in and what the returns are. I'm considering using them as a backup trustee. Ideally, I'd just want them to be a directed trustee wherein they just handle the administrative trustee duties and leave the investment d...
by Money Market
Tue Mar 06, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Why are MLPs taxed in IRAs as UBTI but not REITs since both are pass-through entities?
Replies: 2
Views: 418

Why are MLPs taxed in IRAs as UBTI but not REITs since both are pass-through entities?

IRAs owning Master Limited Partnerships (MLP) are liable to Unrelated business taxable income because they're a pass-through entity. Since REITs are also similar in its tax structure, why did the IRS decide to tax MLPs in IRAs but not REITs? I won't ever own any MLPs for the same reason I don't own ...
by Money Market
Thu Feb 15, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5795

Re: Living abroad. Retirement savings options?

That my friend would be a lot of money moving around. haha I would just want enough to max out the Roth IRA, but I appreciate your opinion. But I am interested in your foreign tax credit idea, I was thinking on this and thought my new found art talent would be easier, but looking into this topic mo...
by Money Market
Thu Feb 15, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5795

Re: Living abroad. Retirement savings options?

Oh ok, so sort of in the same vain of logic as CFM300. What do you think though, would I be better off financially by putting that extra $5500.00 into an ETF or mutual fund (which would have capital gains tax) that I will create on the side, or if I go with the above plan and deal with FICA/self-em...
by Money Market
Thu Feb 15, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6117

Re: Choosing muni bond funds

VTEB is an index fund whereas VWITX is actively managed as far as I can see from the description and returns on VG's site
by Money Market
Wed Feb 14, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5795

Re: Living abroad. Retirement savings options?

Could you clarify your 2nd point please? I'd have to net $11,000.00 to max out my Roth? And I would prefer the Roth because I will most likely have an ETF and I don't want to pay capital gains on the 401 (k). Your IRA contributions are limited to $5,500 or your mAGI, whichever is lower. In the AGI ...
by Money Market
Fri Feb 09, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 54
Views: 9315

Re: Vanguard alert [Unclaimed property notice]

I'm bringing this up to ask an important question - if you opt for electronic statements only, what else could trigger escheatment?
by Money Market
Tue Feb 06, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5795

Re: Living abroad. Retirement savings options?

Can someone point me to the IRS reference that states you may not take a partial exclusion when claiming FEIE? In scouring Pub 54 for just such a reference, all I have come across is one mention in one of the examples stating that you cannot choose to exclude more than the amount you earned oversea...
by Money Market
Thu Jan 18, 2018 12:45 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 5104

Re: Vanguard Advisor Bullied Me

The OP's story has big holes in it. You don't get assigned to advisors without you requesting or approving an advisor. I thought you get one advisor and not many. I never heard of monthly goals. Advisors cannot "close" funds for your use. With due respect, I think you have not educated yourself abo...
by Money Market
Tue Jan 16, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall (no country bias) [Non-US]
Replies: 22
Views: 1926

Re: Investing Windfall (no country bias)

Whats your goal?

In my IPS, if I bump into a windfall, it's 70/30 TSM/TBM until age 45 and then 60/40 for life. My main goal is to live on dividends and to make a bequest to future generations via a dynasty trust.
by Money Market
Mon Jan 15, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Super simple portfolios
Replies: 4
Views: 1170

Re: Super simple portfolios

Yes. We also keep it simple with just two funds, Total Stock Market Index (VTSAX) and Intermediate Term Bond Index (VBILX). I don't think international adds much diversity for the extra risk you take on. Even after a good international year I will not change my mind. I also really like the simplici...
by Money Market
Mon Jan 15, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Do Preferred securities let you sleep well at night?
Replies: 13
Views: 1169

Re: Do Preferred securities let you sleep well at night?

That's price return, not really fair given the high yield of preferreds. lack_ey, do you know of a way to compute the chart with dividends reinvested? My only guess is to create a portfolio within Morningstar with $10k in the beginning year and manually click "CONFIRM TRANSACTION" for all the divid...
by Money Market
Mon Jan 15, 2018 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Super simple portfolios
Replies: 4
Views: 1170

Super simple portfolios

My portfolio is kept very simple using Total Stock Market and Total Bond Market. I am sticking to TSM for reasons already mentioned everywhere else in the forum. Due to lack of tax-advantaged space, I opt keep some of the TBM in my taxable (cost-benefit muni's are identical) to reduce the LTCG taxes...
by Money Market
Thu Jan 11, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 5107

Re: Help me stop my addiction to stock market peeping!

I used to check everyday until I just got sick of going to morningstar.com. It started off with curiosity and ended up as tedious work. So now, I generally do it once a week on Fridays at 4 PM, sometimes once every two weeks just to see what's been going on. I'm totally into finance and investing, s...
by Money Market
Wed Jan 03, 2018 5:37 am
Forum: Investing - Theory, News & General
Topic: When married, whose contribution should you prioritize?
Replies: 30
Views: 3091

Re: When married, whose contribution should you prioritize?

Are you in a separate property state? If so, put it into your own. If not, put it in yours anyway so it's safer either way in an unexpected event.
by Money Market
Sun Dec 31, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond Index avoiding Very Long Bonds?
Replies: 14
Views: 1816

Re: Vanguard Total Bond Index avoiding Very Long Bonds?

From the article:
Specifically, the prospectus for the bond index permits the management team to choose a duration between 5 and 15 years of length.
I googled and downloaded the prospectus for VBMFX/VBTLX and I don't see that anywhere.
by Money Market
Sat Dec 30, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: BOA Savings Acct vs Amex High Yield Personal Savings Acct
Replies: 13
Views: 1557

Re: BOA Savings Acct vs Amex High Yield Personal Savings Acct

I would have never placed money in BofA savings/cds because of the insulting rate, unless you had a need to qualify for preferred rewards status (which lasts 12 months after you enroll). And even if I wanted to keep my money there, I'd just place the $30k in their Merill Edge CMA account and buy $BI...
by Money Market
Sat Dec 30, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: How did you guys do in 1966 - 1980?
Replies: 34
Views: 3678

Re: How did you guys do in 1966 - 1980?

This would be for the age 76+ crowd (that is, if one was age 25 or older in 1966 and even investing in stocks/bonds at that point.) Most at that time were covered under company pension plans, so probably were not investing outside of that in the stock market. Ben Carson tackles the 1966 - 1982 peri...
by Money Market
Sat Dec 30, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: How did you guys do in 1966 - 1980?
Replies: 34
Views: 3678

How did you guys do in 1966 - 1980?

I was reading another thread and someone mentioned that period of underperformance (negative real-returns) during that year. Since we have some older BHs on the forum, I'd like to know how you guys dealt with it and possibly your asset allocation at the time? I'm just thinking that 15 years of an un...
by Money Market
Wed Dec 27, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to take out Roth IRA money for house down payment.
Replies: 66
Views: 5340

Re: Looking to take out Roth IRA money for house down payment.

OP, In summary, my guess was correct. You have little to no emergency fund. You are 100% invested. Hence, you need to withdraw from your Roth IRA for the house down payment. The scary part is you have no idea why this is dangerous. You assume that you will be so lucky that everything will work out ...
by Money Market
Wed Dec 27, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: How to setup a crypto-currency "index fund" (Bitcoin, etc.)
Replies: 77
Views: 7244

Re: How to setup a crypto-currency "index fund" (Bitcoin, etc.)

There are several indexes available, but I found the Smith+Crown index to be the best because their criteria is the strictest. It's sort of like a DJIA for crypto commodities. Personality, I buy cryptos for the same reason people buy lottery tickets. I like the technology and the potential, and it's...
by Money Market
Mon Dec 25, 2017 11:39 pm
Forum: Investing - Theory, News & General
Topic: Inflation can cream bonds VBTLX vs VSCSX
Replies: 42
Views: 4281

Re: Inflation can cream bonds VBTLX vs VSCSX

If you want to hold bonds but you are concerned about inflation, surely the obvious suggestion is a TIPS fund, like Vanguard's VIPSX (VAIPX for Admiral shares). Do you have a reason for rejecting that alternative? The SEC yield for VIPSX is 0.34%. I am not sure I am doing any better than keeping up...
by Money Market
Sat Dec 23, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 8192

Re: Saving for the crash

KlangFool wrote:
Fri Dec 22, 2017 9:39 pm
investmentjeff,

My investment portfolio is designed to handle a market crash plus unemployment lasting 5 years. How about you?

KlangFool
If you return to Malaysia during the period, it'll last 20 years!
by Money Market
Sat Dec 16, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard TSM prospectus says up to 80% of the assets in the index need to be bought only
Replies: 6
Views: 971

Re: Vanguard TSM prospectus says up to 80% of the assets in the index need to be bought only

Thanks for the replies, everyone. The SEC link and nisiprius's explanations make sense now. I usually use M* to see the overall fund composition.

I just want to add - I'm loving the BH forums. It is the best financial advisor ever, for the price of free!
by Money Market
Sat Dec 16, 2017 11:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard TSM prospectus says up to 80% of the assets in the index need to be bought only
Replies: 6
Views: 971

Vanguard TSM prospectus says up to 80% of the assets in the index need to be bought only

From the most recent prospectus: The Funds’ board of trustees, which oversees each Fund’s management, may change investment strategies or policies in the interest of shareholders without a shareholder vote, unless those strategies or policies are designated as fundamental. Under normal circumstances...
by Money Market
Tue Dec 05, 2017 6:36 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 142
Views: 15208

Re: Bonds Are Riskier Than People Think

Its interesting to compare comments from this thread "What have you learned from the lost decade" from 2011 and this thread from 2017 "Bonds are Riskier than People Think" https://www.bogleheads.org/forum/viewtopic.php?t=76356 From the thread in 2011, you see a lot of comments regarding the importa...
by Money Market
Mon Nov 13, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: "A Case Against Over Weighting International Equity"
Replies: 11
Views: 1705

Re: "A Case Against Over Weighting International Equity"

I'm a bit confused here. I thought this forum promotes buy and hold as opposed to market timing. I'm seeing a lot of threads and comments from members here this year stating that they modified their asset allocation to hold more international equities due to high P/E's in the US market. I wonder if ...
by Money Market
Sun Nov 12, 2017 2:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1652

Re: Vanguard Reduces 529 Fees

... Then the dirty little secret, "As described in State Annual Payment, Vanguard and Ascensus College Savings provide an annual payment to the state of Nevada Treasurer’s Office for oversight of Nevada’s 529 Plans." Yup, the State of Nevada has their grubby little hands in the 529 cookie jar. Pret...
by Money Market
Wed Nov 01, 2017 4:37 am
Forum: Investing - Theory, News & General
Topic: Why can US citizen expats not invest w/Vanguard?
Replies: 72
Views: 42238

Re: Why can US citizen expats not invest w/Vanguard?

I wonder if Vanguard detects accounts opened through foreign IP addresses now? That employment question definitely wasn't there when I opened my accounts with them.
by Money Market
Mon Oct 23, 2017 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35949

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Thank you everyone for the responses. It is reassuring to know there are others that feel the same. I feel that my portfolio is simple enough, and will remain in the identical funds I've chosen whether I have $10k or $1mil.