Search found 341 matches

by MrJones
Sat Aug 17, 2019 6:41 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 72
Views: 6730

Re: The One-Fund Portfolio as a default suggestion

One common approach to estimating in the face of uncertainty is to analyze a couple of likely outcomes. Another is to determine the range. It's hard to take any proposal seriously if a basic analysis is refused on the basis of uncertainty. The thing is this: mathematics tell us that a mirrored allo...
by MrJones
Sat Aug 17, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 72
Views: 6730

Re: The One-Fund Portfolio as a default suggestion

Interesting. What is the cost of mirroring, which is a necessary component of the strategy? I.e. the cost of not doing https://www.bogleheads.org/wiki/Tax-efficient_fund_placement ? I'd be curious to see an analysis. The future is uncertain . Investor circumstances change. Tax laws change. Etc. Do ...
by MrJones
Sat Aug 17, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 72
Views: 6730

Re: The One-Fund Portfolio as a default suggestion

Interesting. What is the cost of mirroring, which is a necessary component of the strategy? I.e. the cost of not doing
https://www.bogleheads.org/wiki/Tax-eff ... _placement ? I'd be curious to see an analysis.
by MrJones
Tue Aug 06, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: Need a Printer!
Replies: 21
Views: 1215

Re: Need a Printer!

https://www.usa.canon.com/internet/port ... kjet/mx922

Bonus: very inexpensive aftermarket cartridges.
by MrJones
Mon Jul 29, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: VOIP - what do you use?
Replies: 55
Views: 3677

Re: VOIP - what do you use?

I'd hesitate to call it "totally free." When a product appears so, it's usually because you are the product, as the saying goes. If personal data privacy is something you value now or might in the future, that one reason to consider switching. Another reason is to get high quality codecs, which I fi...
by MrJones
Fri Jul 26, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Long commute: how to manage?
Replies: 110
Views: 6979

Re: Long commute: how to manage?

I'd ask: What's the *net* pay cut? After taxes and after commute costs (new car, fuel, etc.) How much do you value individual and family happiness? I'd also think harder about alternatives: how can you define a career path to quickly reach your desired seniority in a job that's very close to where y...
by MrJones
Thu Jul 25, 2019 2:26 pm
Forum: Non-US Investing
Topic: [EU] My portfolio manager passed away and I could really use advice how to proceed with my portfolio management
Replies: 44
Views: 2298

Re: [EU] My portfolio manager passed away and I could really use advice how to proceed with my portfolio management

Ok, since you quoted statistics I believe you now. This might explain a lot. Why not look up statistics yourself on the advice you're getting from the collective wisdom here, instead of rejecting it like you initially rejected the statement about planes being safer? You might end up better informed...
by MrJones
Thu Jul 25, 2019 12:14 pm
Forum: Personal Consumer Issues
Topic: Does your bank charge fees for personal ACH transfers to other banks?
Replies: 32
Views: 1643

Re: Does your bank charge fees for personal ACH transfers to other banks?

DaftInvestor wrote:
Thu Jul 25, 2019 11:32 am
Not for me. You should switch banks.
+1. Pick a bank that doesn't have a nickel-and-diming philosophy. ACHs cost a bank *way* less than paper checks, FYI. Ally is a good option.
by MrJones
Tue Jul 23, 2019 2:18 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house - bay area
Replies: 102
Views: 6029

Re: Buying a house - bay area

Goal33 wrote:
Tue Jul 23, 2019 12:24 am
snackdog wrote:
Mon Jul 22, 2019 9:17 pm
Pick three -
1. large home
2. Modern fancy design
3. Best location for work and school
4. Financially safe
OP is in the SF Bay Area -- so it's more like "Pick one" :moneybag :(
Hahah. This would be a lot funnier if it weren't true.
by MrJones
Mon Jul 22, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house - bay area
Replies: 102
Views: 6029

Re: Buying a house - bay area

Where in the bay area is $2.5 million the cost of a 3 bedroom starter home? Are you looking in old Palo Alto? Everywhere. Here's one, 1987 sqft, with questionable wallpaper in south bay. $2.6M: https://www.zillow.com/homedetails/20233-Glasgow-Dr-Saratoga-CA-95070/19655647_zpid/ Palo Alto is more ex...
by MrJones
Mon Jul 22, 2019 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house - bay area
Replies: 102
Views: 6029

Re: Buying a house - bay area

Where in the bay area is $2.5 million the cost of a 3 bedroom starter home? Are you looking in old Palo Alto? Everywhere. Here's one, 1987 sqft, with questionable wallpaper in south bay. $2.6M: https://www.zillow.com/homedetails/20233-Glasgow-Dr-Saratoga-CA-95070/19655647_zpid/ Palo Alto is more ex...
by MrJones
Sat Jul 20, 2019 5:15 pm
Forum: Personal Investments
Topic: A little discouraged with earnings, is it really this slow?
Replies: 66
Views: 9445

Re: A little discouraged with earnings, is it really this slow?

1. Congrats on getting started early! 2. Numbers don't lie. Compute your IRR, and project your savings and growth into the future to get a feel for compounding. 3. You invest to ensure your money doesn't get eaten by inflation, not to become wealthy. You become wealthy by saving. Which leads to... 4...
by MrJones
Fri Jul 19, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 222
Views: 14728

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

However, in a LCOL area I have witnessed wealth and wealth accumulation beyond my wildest dreams. Several with high 9 and 10-Figure wealth. Invited (me) to sitting President luncheon fundraiser at their house wealth. Hard to believe, given that most *entire states* have 5 or less billionaires. http...
by MrJones
Fri Jul 19, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3211

Re: Vanguard says VTI is more tax-efficient than VTSAX

I just had a call with a Vanguard Flagship representative who told me the Total Stock Market mutual fund’s distributions could be higher than the ETF’s, making the ETF more tax-efficient despite Vanguard's dual-share fund structure. It’s literally the first time I hear this. I was convinced the tax...
by MrJones
Sun Jul 14, 2019 5:41 pm
Forum: Personal Investments
Topic: Advice on what cost basis to use to sell VTSAX
Replies: 10
Views: 1197

Re: Advice on what cost basis to use to sell VTSAX

It would be easier to do FIFO, but then I will be taxed on all those short-term gains from reinvesting the dividend? You're probably confusing a few things here. Dividend reinvestment has no relevance to this issue that I can see. FIFO weillsell your oldest shares first, which is unlikely to use yo...
by MrJones
Sat Jul 13, 2019 11:11 pm
Forum: Personal Investments
Topic: Accessing funds across Vanguard accounts before settlement date
Replies: 8
Views: 665

Re: Accessing funds across Vanguard accounts before settlement date

You are trying to buy securities in a cash account that has no money. That's the definition of free riding. https://en.m.wikipedia.org/wiki/Free_riding In a cash account, a free riding violation occurs when the investor sells a stock that was purchased with unsettled funds. There is no sale here. I...
by MrJones
Sat Jul 13, 2019 5:26 pm
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 3441

Re: Would you exchange VTSAX to VTI ??

Rajsx wrote:
Sat Jul 13, 2019 5:22 pm
I appreciate the replies, keep them coming.
What else do you need to know? You know you might save between $25 and $227 a year. What's stopping you from making a decision as to whether the trouble is worth that much?
by MrJones
Sat Jul 13, 2019 2:51 pm
Forum: Personal Investments
Topic: Accessing funds across Vanguard accounts before settlement date
Replies: 8
Views: 665

Re: Accessing funds across Vanguard accounts before settlement date

The unsettled funds cannot leave the account, even if it’s to another account belonging to the same owner at the same brokerage. It doesn’t matter to Account A whether the funds were sent to your checking account or to Account B. Only if they stayed within Account A can you use them for new purchas...
by MrJones
Sat Jul 13, 2019 2:49 pm
Forum: Personal Investments
Topic: Accessing funds across Vanguard accounts before settlement date
Replies: 8
Views: 665

Re: Accessing funds across Vanguard accounts before settlement date

stlutz wrote:
Sat Jul 13, 2019 12:32 pm
You can't move money that you don't have out of an account.

Allowing you to trade with unsettled funds is a courtesy extended to you by your broker. They don't have to let you do so.
Looking at it that way makes sense on both those counts, thanks.
by MrJones
Sat Jul 13, 2019 12:21 pm
Forum: Personal Investments
Topic: Accessing funds across Vanguard accounts before settlement date
Replies: 8
Views: 665

Re: Accessing funds across Vanguard accounts before settlement date

Who does it make no sense? Seems like a clear cut violation of the SEC rule on free riding for a cash account. Not correct. This has nothing to do with freeriding. A violation only occurs if the newly bought ETFs are sold before the earlier sale settles. That's not the case here. Clearly, Vanguard ...
by MrJones
Sat Jul 13, 2019 3:32 am
Forum: Personal Investments
Topic: Accessing funds across Vanguard accounts before settlement date
Replies: 8
Views: 665

Accessing funds across Vanguard accounts before settlement date

Case 1: Day 0: Vanguard account A has $0 in cash, and some ETFs Day 1: I sell ETFs in Vanguard account A Day 1: I buy ETFs in Vanguard account A using the unsettled amount from the sale This case above works fine. Case 2: Day 1: I sell ETFs in Vanguard account A Day 1: I buy ETFs in Vanguard account...
by MrJones
Wed Jul 10, 2019 11:27 pm
Forum: Investing - Theory, News & General
Topic: Teleport into Roth IRA using offsetting leveraged positions?
Replies: 17
Views: 1098

Re: Teleport into Roth IRA using offsetting leveraged positions?

Interesting idea. Have you done an analysis on the benefits? IOW, how much are the potential tax savings across N years for a given base amount? How does this compare to the risk of losing tax-free space?
by MrJones
Wed Jul 03, 2019 3:30 pm
Forum: Personal Investments
Topic: Morgan Stanley's ridiculous fees, and transferring out
Replies: 7
Views: 1109

Re: Morgan Stanley's ridiculous fees, and transferring out

For ESPP accounts, anyone know if a DTC transfer from Morgan Stanley to Vanguard via DTC will include cost basis, FMV, grant date, and other such tax-related information for the transferred shares? Thank you.
by MrJones
Mon Jul 01, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Question of integrity
Replies: 40
Views: 3917

Re: Question of integrity

As someone earlier posted, the culture at your current company determines a part of how this is seen. You have control over the other part of how this is seen: the way you present your case for why you're leaving. Practice this conversation with a friend. Let them know you do feel concerned about le...
by MrJones
Mon Jul 01, 2019 10:35 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6132

Re: Are you a serious DIYer?

I'm a very reluctant DIYer. In the perfect world, I'd rather either be a 0, where someone else does a perfect job each time for a very reasonable price; or be a 10, where I'm extremely handy and love fixing things. But even when you outsource, you benefit from knowing HOW to do something so you can ...
by MrJones
Mon Jul 01, 2019 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Question of integrity
Replies: 40
Views: 3917

Re: Question of integrity

Piqued, not peaked.
by MrJones
Sat Jun 29, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Underpaid in bay area, seeking advice negotiating salary
Replies: 30
Views: 3589

Re: Underpaid in bay area, seeking advice negotiating salary

I recommend a 3rd option - turn down the current offer and keep looking. If you were able to secure an offer just 2.5 weeks into your job search, I feel you can find another offer where you get a similar increase, interesting and fulfilling. +1. Especially since this is your first job, I'd say this...
by MrJones
Sat Jun 22, 2019 4:35 pm
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 3920

Re: Getting caught up in minutia of investing-How to make things simple

Everyday I spend multiple hours reading on this forum. I thoroughly enjoy it, but then I wonder what is more important at the end of the day the fact that you put money away consistently or whether it was Roth or tax deferred. Which debt to tackle first vs just making strides to get something paid ...
by MrJones
Sat Jun 22, 2019 4:29 pm
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 3920

Re: Getting caught up in minutia of investing-How to make things simple

Fantastic question. Just asking the question indicates you're halfway there to simplification. The phrasing of your question makes me confident the answers are within you already. Let me ask you: what do you think is the path forward for you with respect to simplification. What would your ideal sta...
by MrJones
Sat Jun 22, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 16576

Re: what was your worst major purchase? mine is a 2019 mazda3

A lighthouse! No kidding :oops: Story, please! I was the winning bidder of the Fairport Harbor West Breakwater Lighthouse in Lake County, Ohio. Holy $#@#$&, that definitely is the coolest story in this thread by far! To even think of trying to buy a lighthouse is cool, hats off to you, bubbadog. An...
by MrJones
Sat Jun 22, 2019 11:54 am
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 3920

Re: Getting caught up in minutia of investing-How to make things simple

Fantastic question. Just asking the question indicates you're halfway there to simplification. The phrasing of your question makes me confident the answers are within you already. Let me ask you: what do you think is the path forward for you with respect to simplification. What would your ideal stat...
by MrJones
Mon Jun 17, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Software
Replies: 27
Views: 2696

Re: Personal Capital Software

Let’s assume that your Vanguard login info from PC (or any other aggregator) has been hacked. What can the hacker possibly do with that info if you have all possible protections set up, such as: - 2FA - email notifications of every requested transaction - voice recognition I invite all realistic sc...
by MrJones
Sat Jun 15, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Compound interest for 10% interest rate?
Replies: 29
Views: 3825

Re: Compound interest for 10% interest rate?

Daily rate is 10/365
Per period growth is ((10/365 * 32) / 100 ) + 1. Call this G.
Annualized growth is G ^ (365 / 32) = 1.10469

So approximately 10.469%

Edit: fyre4ce beat me to it.
by MrJones
Sat Jun 15, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency destroyed my credit report
Replies: 20
Views: 3484

Re: Collection agency destroyed my credit report

looking wrote:
Thu Jun 13, 2019 4:43 pm
Collection agency destroyed my credit report

Anyone experience how to dispute it with the collection agency

thank you
More details please, if you want help.
by MrJones
Fri Jun 14, 2019 1:11 pm
Forum: Personal Investments
Topic: Why are my Vanguard returns suddenly so low?
Replies: 40
Views: 6448

Re: Why are my Vanguard returns suddenly so low?

Jesteroftheswamp wrote:
Fri Jun 14, 2019 12:24 pm
It feels like I suddenly lost a huge amount of money, 3% return is TERRIBLE!
You didn't, as long as you didn't sell.

All investments involve risk. Not investing involves risks too. You'll have to determine which side of that risk equation works best for you.
by MrJones
Thu Jun 06, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Software
Replies: 27
Views: 2696

Re: Personal Capital Software

MittensMoney wrote:
Thu Jun 06, 2019 12:39 pm
Personal Capital uses a read-only API connection which is the safest way to link your accounts to anything.
The real risk is not Personal Capital's API, but that the servers on which they store your password might get compromised by a malevolent third party.
by MrJones
Wed Jun 05, 2019 10:20 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8228

Re: What flagship (even used) item is better than a budget new item?

I get manufacturer-refurbished ($2000-new) business laptops for $300. Even 3 years older, they are much quicker overall than a new budget ($400-500) computer (quad core i7s, dedicated graphics, SSD), they have an HD screen, and of course they are built like tanks, rather than out of flimsy plastic....
by MrJones
Wed Jun 05, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8228

Re: What flagship (even used) item is better than a budget new item?

Briggs and Riley suitcases. You buy them for life. You don't have to worry about them breaking down during a trip.
by MrJones
Wed Jun 05, 2019 11:58 am
Forum: Personal Investments
Topic: Morgan Stanley's ridiculous fees, and transferring out
Replies: 7
Views: 1109

Morgan Stanley's ridiculous fees, and transferring out

My employer deposits RSUs to Morgan Stanley. After years of paying them, I just found out how ridiculous the fees are: $10 for up to 1000 shares, OR, $0.02 per share for transactions involving greater than a thousand shares. This is particularly ridiculous because it costs $10 to sell 1000 shares, b...
by MrJones
Tue Jun 04, 2019 10:11 pm
Forum: Personal Consumer Issues
Topic: This rake is the best tool I've bought this week
Replies: 35
Views: 5526

Re: This rake is the best tool I've bought this week

Conch55 wrote:
Thu May 23, 2019 3:04 pm
"What is a hoe" for 200$ Alex. Sorry but based on the current Jeopardy season I couldn't resist that Ken Jennings gem. Looks like a nice rake.
And on Double Jeopardy today: Great hoes for 200.
by MrJones
Fri May 31, 2019 9:43 pm
Forum: Personal Investments
Topic: Have RSUs. Should I enroll in ESPP too?
Replies: 26
Views: 1525

Re: Have RSUs. Should I enroll in ESPP too?

If you're doing your own taxes, and your expected gain from ESPP is well less than $1000, for some people, the extra money ain't worth the time and frustration dealing w/ the paperwork. Their time is just worth that much to them. That's a fair point in general, but I'm not seeing how it applies her...
by MrJones
Thu May 30, 2019 9:00 pm
Forum: Personal Investments
Topic: Have RSUs. Should I enroll in ESPP too?
Replies: 26
Views: 1525

Re: Have RSUs. Should I enroll in ESPP too?

If you're doing your own taxes, and your expected gain from ESPP is well less than $1000, for some people, the extra money ain't worth the time and frustration dealing w/ the paperwork. Their time is just worth that much to them. That's a fair point in general, but I'm not seeing how it applies her...
by MrJones
Thu May 30, 2019 8:45 pm
Forum: Personal Investments
Topic: Have RSUs. Should I enroll in ESPP too?
Replies: 26
Views: 1525

Re: Have RSUs. Should I enroll in ESPP too?

I've been debating enrolling and selling the ESPP stock too, but I worry about the tax implications. :? Arghh, these decisions are so hard to make. Thanks for weighing in @sailaway. What's your exact worry? Any income gets taxed, so will this. Rejecting income because of a vague fear about tax impl...
by MrJones
Mon May 27, 2019 1:50 pm
Forum: Investing - Theory, News & General
Topic: Rolling over previous HSA to fidelity or vanguard?
Replies: 7
Views: 608

Re: Rolling over previous HSA to fidelity or vanguard?

informal guide wrote:
Sun May 26, 2019 3:21 pm
You will likely have to liquidate at your current custodian and transfer cash.
Liquidating may not be necessary depending on your current bank. Fidelity does in in-kind transfers too.
by MrJones
Thu May 23, 2019 5:14 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 7052

Re: Is Tesla Going To Survive?

Opinion is polarized, and the situation is in such flux that I feel reluctance to gauss weber Tesla will survive Musk's having been oersted as chairman. Ohm my god, I hope the bad press doesn't ampere their recovery. Joule regret if if it does. Please stop. I'm shocked to see such revolting posts h...
by MrJones
Tue May 14, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring out HSA in kind
Replies: 6
Views: 669

Re: Transferring out HSA in kind

danaht wrote:
Sun May 12, 2019 12:44 pm
I transferred all my assets from TD Ameritrade/HSA Bank to Fidelity. I was easily able to move the ETFs in kind. There is another thread that has a lot of posts about this: viewtopic.php?f=10&t=263661
Great thread, thanks for the pointer, danaht!
by MrJones
Tue May 14, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring out HSA in kind
Replies: 6
Views: 669

Re: Transferring out HSA in kind

NYCguy wrote:
Sun May 12, 2019 11:20 am
It took about three weeks to complete and I was uninvested for about 10 days due to feet dragging by my old HSA provider. I’m glad it is done.
I'm looking to do an in-kind transfer where there is no question of being uninvested.