Search found 1328 matches

by Tyler Aspect
Mon Aug 19, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 8
Views: 375

Re: Vanguard vs. Fidelity??

Fidelity has a better web site, better donor advised fund. Local offices are situated in many cities.

Vanguard has better money market funds and balanced funds. Fund selection is more complete.
by Tyler Aspect
Mon Aug 19, 2019 1:02 am
Forum: Non-US Investing
Topic: [Wiki] NEW explanatory page on Simple Portfolios for non-US investors
Replies: 10
Views: 408

Re: [Wiki] NEW explanatory page on Simple Portfolios for non-US investors

I wonder if you can explain if the effect of trading spread will have an impact of using a two fund global stock / global bond approach. It might be the case that a S&P 500 ETF and Euro Stoxx 50 ETF can get better trading spreads.
by Tyler Aspect
Sun Aug 18, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Past Performance
Replies: 61
Views: 2916

Re: Past Performance

I can appreciate what Taylor wrote about not depending solely on past performance to decide how we invest. Just because someone was able to get an outsized gain using some strategy X, it does not mean that you should do the same. One time out-performance might reverse and become our one time under-p...
by Tyler Aspect
Sun Aug 18, 2019 12:54 pm
Forum: Personal Investments
Topic: Getting Married - Portfolio Optimization Questions
Replies: 7
Views: 694

Re: Getting Married - Portfolio Optimization Questions

What I did when I married was to keep 3 taxable accounts: my taxable account, her taxable account, and our taxable account. Pre-marital assets remains in my taxable account and her taxable account. Inheritance money also goes to the specific accounts. Nice idea, thanks. Income after marriage are po...
by Tyler Aspect
Sun Aug 18, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?
Replies: 58
Views: 2791

Re: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?

The measure of picking a best annual return and subtracting a worst annual return depends on the timing of the peak and valley. If a peak return is in June then its effect is centered in that year and its effect fully felt. However if a peak return is in January then its effect might be spread in tw...
by Tyler Aspect
Sun Aug 18, 2019 1:25 am
Forum: Personal Investments
Topic: Getting Married - Portfolio Optimization Questions
Replies: 7
Views: 694

Re: Getting Married - Portfolio Optimization Questions

What I did when I married was to keep 3 taxable accounts: my taxable account, her taxable account, and our taxable account. Pre-marital assets remains in my taxable account and her taxable account. Inheritance money also goes to the specific accounts. Income after marriage are pooled into the joint ...
by Tyler Aspect
Sat Aug 17, 2019 9:59 pm
Forum: Personal Investments
Topic: Received a 1 million windfall and what to do with it
Replies: 16
Views: 3364

Re: Received a 1 million windfall and what to do with it

Hi, I received a 1 million windfall. I'm 30, married, have a steady job, well paid, I'm ready maxing out my 401k and my IRA, saving rate is high. We do not plan to buy a house in the next 5 years, we do not have children and do not plan to have some in the next five years. I like simplicity. All my...
by Tyler Aspect
Sat Aug 17, 2019 11:59 am
Forum: Personal Investments
Topic: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?
Replies: 7
Views: 708

Re: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?

I think this recipe gets close to what you want:

50% VGIT (US Treasury)
30% USIG (Corporate)
20% VMBS (Mortgage backed)
by Tyler Aspect
Sat Aug 17, 2019 2:05 am
Forum: Non-US Investing
Topic: VWRA Volume Very Low
Replies: 10
Views: 601

Re: VWRA Volume Very Low

I have access to North America quotes, but not much visibility to European security price quotations. I think for each candidate ETF you want to see which exchange has the best bid-ask spread. You can screen ETFs at justetf.com. Sort using the "TER" field and look for candidate ETFs with market cap ...
by Tyler Aspect
Fri Aug 16, 2019 8:31 pm
Forum: Personal Investments
Topic: asset allocation review for newbie
Replies: 6
Views: 485

Re: asset allocation review for newbie

After a terrible experience with a financial advisor, we are suddenly managing our own funds for the first time and on a big learning curve. We currently hold a lot of cash in money markets, but it feels like a precarious time to buy into the market right now. Welcome to Bogleheads. My husband is 6...
by Tyler Aspect
Fri Aug 16, 2019 2:10 pm
Forum: Personal Investments
Topic: Recommended Bond Funds at TDA
Replies: 8
Views: 597

Re: Recommended Bond Funds at TDA

The US aggregate bond ETFs include BND, AGG, and SPAB. SPAB is commission free at TD Ameritrade but watch out for wide bid-ask spread. BND and AGG have narrow bid-ask spread, but not commission free at TD Ameritrade.
by Tyler Aspect
Fri Aug 16, 2019 12:21 pm
Forum: Non-US Investing
Topic: VWRA Volume Very Low
Replies: 10
Views: 601

Re: VWRA Volume Very Low

SPDR MSCI World UCITS ETF, expense ratio 0.12%, market cap 276m Euro, ticker symbol SWRD, London exchange, US$ demonination
by Tyler Aspect
Fri Aug 16, 2019 12:02 pm
Forum: Personal Investments
Topic: Where to *invest* additional funds?
Replies: 12
Views: 1134

Re: Where to spend additional funds?

Paying off the 6% loan has the best return.
by Tyler Aspect
Fri Aug 16, 2019 1:31 am
Forum: Personal Investments
Topic: Vanguard Energy ETF (VDE) - Good Time to Jump In?
Replies: 13
Views: 1561

Re: Vanguard Energy ETF (VDE) - Good Time to Jump In?

Sector funds are very volatile. Stay with broadly diversified stock and bond index funds. It is never a good time to jump into a sector fund.
by Tyler Aspect
Fri Aug 16, 2019 1:27 am
Forum: Personal Investments
Topic: Where to *invest* additional funds?
Replies: 12
Views: 1134

Re: Where to spend additional funds?

One possibility is to sell off rental #1 so that you can pay off the primary home mortgage. Then you would be only left with $200k commercial mortgage. Then any excess cash can be split half into a taxable fund, half paying off the remaining commercial mortgage.
by Tyler Aspect
Thu Aug 15, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 403
Views: 12240

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Does historical sharp ratio predict future risk? We can calculate proposed portfolio's sharp ratio and risk adjusted return, but these are historical based figures. We know what the histories are; the future is what we are interested in. Is the future merely a continuation of the past where histori...
by Tyler Aspect
Thu Aug 15, 2019 5:19 pm
Forum: Personal Investments
Topic: Beginner 4 fund etf portfolio
Replies: 6
Views: 499

Re: Beginner 4 fund etf portfolio

Does dividend from a stock fund provide a buffer against loss? You can think dividend from a stock fund as a withdrawal that the fund makes by itself. There is obviously no magical protection deriving from withdrawals. If you take the money out of the fund then it is gone; if you reinvest it the si...
by Tyler Aspect
Thu Aug 15, 2019 4:33 pm
Forum: Personal Investments
Topic: Did I do a smart or dumb thing
Replies: 20
Views: 3184

Re: Did I do a smart or dumb thing

Most retired investor's asset allocation are within the range of 60% stock / 40% bond and 40% stock / 60% bond. Sample LifeStrategy Funds Graph at 80% stock, 60% stock, 40% stock http://drive.google.com/uc?export=download&id=1OVG8sVEvKx0cZCDZcp5Vjq-NC7Uyd0Kt (Chart hosted by PortfolioVisualizer.com)
by Tyler Aspect
Thu Aug 15, 2019 1:53 pm
Forum: Personal Investments
Topic: AA on real estate for overall portfolio?
Replies: 20
Views: 1151

Re: AA on real estate for overall portfolio?

From what I know commercial real-estate generates similar return to stocks, but with less tax efficiency and diversification. I have no commercial rental properties, but my wife's sister is all commercial rental properties. Try to pay down commercial real-estate mortgages to avoid the problem of ove...
by Tyler Aspect
Wed Aug 14, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 403
Views: 12240

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

If I knew we were going into a recession I wouldn’t have any UPRO. Does this mean that you plan to implement some sort of risk management into this strategy? I know it isn't very bogle-like but I think it would be smart to include some sort of risk management in this scheme. I know this forum is no...
by Tyler Aspect
Wed Aug 14, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Way behind and want to make sure we're on right track
Replies: 16
Views: 1303

Re: Way behind and want to make sure we're on right track

Greetings Bogleheads! Welcome to Bogleheads. My wife and I are both 36. We (but mostly me) lived stupid and beyond our means for years, going into debt and saving very little. Last year we had a baby and it was a wake up call. I am tying to get on track to ensure comfort and security for my family ...
by Tyler Aspect
Wed Aug 14, 2019 12:29 pm
Forum: Personal Investments
Topic: Interest rates low: leverage up?
Replies: 63
Views: 4416

Re: Interest rates low: leverage up?

I'm speechless in return. Please provide your definition of "too much risk" using data. Just because it's too risky for you (and me, by the way!) shouldn't invalidate someone else's risk profile. You can search for the best risk-adjusted return of a potential portfolio using historical return figur...
by Tyler Aspect
Tue Aug 13, 2019 7:41 pm
Forum: Personal Investments
Topic: Interest rates low: leverage up?
Replies: 63
Views: 4416

Re: Interest rates low: leverage up?

More than 100% of your assets in stocks is "too much risk" by any Boglehead definition. With 30 years to go to retirement? Presuming the person doesn’t freak out when the market plummets 40%, why would 100% equity be any risk at all if you aren’t touching your money for 30 years, even from a Bogleh...
by Tyler Aspect
Tue Aug 13, 2019 3:57 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 43
Views: 3235

Re: Ray Dalio bullish on China (China market cap to overtake US in 2030?)

We don't need to worry too much about this issue. If China does well economically it will eventually be incorporated in the developed market index funds. No way to tell when that event should occur. China already has the fourth largest equity market and is bigger than several DMs. How much bigger d...
by Tyler Aspect
Tue Aug 13, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 43
Views: 3235

Re: Ray Dalio bullish on China (China market cap to overtake US in 2030?)

We don't need to worry too much about this issue. If China does well economically it will eventually be incorporated in the developed market index funds. No way to tell when that event should occur.
by Tyler Aspect
Tue Aug 13, 2019 1:05 pm
Forum: Personal Investments
Topic: Interest rates low: leverage up?
Replies: 63
Views: 4416

Re: Interest rates low: leverage up?

Interest rates are very low. That makes bonds less attractive to buy (although the ones I've held for a while have obviously made me a ton of money). It also makes it cheaper to borrow money to buy stocks. I have around 30 years until retirement, so am thinking of following market timer, hedgefundi...
by Tyler Aspect
Mon Aug 12, 2019 5:54 pm
Forum: Personal Investments
Topic: Should Bonds be removed from Asset Allocation
Replies: 49
Views: 3353

Re: Should Bonds be removed from Asset Allocation

With what is going on right now with interest rates should the entire idea of Bonds as a % of your asset allocation be changed in favor of Cash? For example if you are normally 80/20 Asset Allocation change that to 80% Stocks 20% Cash? Are Intermediate Bonds less of a concern right now vs. short te...
by Tyler Aspect
Mon Aug 12, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Bond fund diversification
Replies: 9
Views: 1055

Re: Bond fund diversification

I read somewhere that during one of the corrections (I believe 2008) that bonds went up 5% as stocks went down. If this is the case, then wouldn’t this be a major advantage of bond funds over individual bonds in that they automatically go up when stocks go down? Bond funds are more diversified comp...
by Tyler Aspect
Mon Aug 12, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: What would investors ever choose arbitrary allocation of US/nonUS stocks?
Replies: 55
Views: 2849

Re: What would investors ever choose arbitrary allocation of US/nonUS stocks?

I quite like the combination of VTI coupled to VT. Unfortunately not many 401k programs have access to a global stock index.
by Tyler Aspect
Sun Aug 11, 2019 8:35 pm
Forum: Personal Investments
Topic: Income stream for 10 years
Replies: 32
Views: 3418

Re: Income stream for 10 years

Interest Only Strips can produce an income stream that ends with no values left. Not sure if your in-law is going to be happy about it though.
by Tyler Aspect
Sun Aug 11, 2019 7:42 pm
Forum: Personal Investments
Topic: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?
Replies: 67
Views: 6177

Re: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?

People often forget that if the market drops 50%, it needs to go up 100% to recover. Is it true that the market need to apply a greater force for a 100% recovery than a 50% drop? Consider the case of a doubling versus halving. Doubling can be considered as multiplying by 2, while halving can be con...
by Tyler Aspect
Sun Aug 11, 2019 4:40 pm
Forum: Personal Investments
Topic: HSBC money management service
Replies: 2
Views: 202

Re: HSBC money management service

Advice-only advisors are a better value proposition. 1% asset under management fee could take away 20% of your annual performance year after year.
by Tyler Aspect
Sun Aug 11, 2019 11:20 am
Forum: Personal Investments
Topic: Converting some investments to an annuity to preserve group health insurance
Replies: 8
Views: 646

Re: Converting some investments to an annuity to preserve group health insurance

You can check if the annuity payout for your state is competitive with immediateannuities.com. The payout might be reduced to pay the health insurance.
by Tyler Aspect
Sun Aug 11, 2019 1:23 am
Forum: Investing - Theory, News & General
Topic: Small Value Tilting Increases Exposure To Unknown Risks?
Replies: 7
Views: 738

Re: Small Value Tilting Increases Exposure To Unknown Risks?

Pepper11 wrote:
Sat Aug 10, 2019 11:17 pm
I was tilting small value and it was a terrible drag on the portfolio. Switched the tilt to large growth and things are much nicer.
Be careful about chasing returns. You never know when these style trends will shift in and out of favor.
by Tyler Aspect
Sun Aug 11, 2019 1:15 am
Forum: Personal Investments
Topic: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?
Replies: 67
Views: 6177

Re: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?

It might be a good decision and it might not work out. If you are nervous about the market reduce your risk.You will sleep better and it might make it easier to stay the course. The only thing puzzling is to make the move in a taxable account and generate capital gains. Why not do it in an IRA, 401...
by Tyler Aspect
Sat Aug 10, 2019 7:53 pm
Forum: Personal Investments
Topic: Bene IRA & 401k- New to Investing
Replies: 5
Views: 235

Re: Bene IRA & 401k- New to Investing

A sample portfolio for young investor

60% US Stock (ticker symbol VTI, VTSAX, ITOT, FXAIX, FSKAX)
20% International Stock (ticker symbol VXUS, VEA, IEFA, IXUS, FTIHX)
20% US Bond (ticker symbol BND, AGG, FXNAX)
by Tyler Aspect
Sat Aug 10, 2019 1:39 am
Forum: Investing - Theory, News & General
Topic: Small Value Tilting Increases Exposure To Unknown Risks?
Replies: 7
Views: 738

Re: Small Value Tilting Increases Exposure To Unknown Risks?

Each individual stock has its own known and unknown risks. Stocks with similar attributes might share similar risks. Stocks with below average expectations sometimes do produce below average results. However, stocks with high expectations could fail to produce as well. It all depends on the current ...
by Tyler Aspect
Fri Aug 09, 2019 10:47 am
Forum: Personal Investments
Topic: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?
Replies: 57
Views: 4135

Re: LMP: Is it OK to use mutual funds instead of treasuries/TIPS/CDs?

I disagree. The TIPs' principle is inflation adjusted, but you get a lower yield as a trade-off. All safe investments have low returns. The interesting thing about TIPS is that it's not clear that it has a lower yield. Some estimates of inflation give it a higher yield than the expected yield of no...
by Tyler Aspect
Fri Aug 09, 2019 10:11 am
Forum: Personal Investments
Topic: How much TIPS
Replies: 22
Views: 1592

Re: How much TIPS

In an overview article published by Nuveen (October 2018) I saw they describe the market capitalization of TIPs as 1.3 trillion dollars, while the US Treasury as 13.6 trillion dollars. This means the TIPs is 1/10 the size of the Treasuries. The US Treasury makes up 41.5% of the Bloomberg Barclays U....
by Tyler Aspect
Thu Aug 08, 2019 3:44 pm
Forum: Personal Investments
Topic: DFA (Dimensional) Portfolio Keep or Jettison?
Replies: 22
Views: 1509

Re: DFA (Dimensional) Portfolio Keep or Jettison?

Age 39, married, live in CO, 35% bracket. Liked and respected advisors, thought they were fiduciary, but felt I could do better without the AUM fee dragging the portfolio down. Tough to figure returns when the alpha seemed to go to them. The amounts do add up to 100% in the taxable account, I just ...
by Tyler Aspect
Thu Aug 08, 2019 12:07 pm
Forum: Personal Investments
Topic: DFA (Dimensional) Portfolio Keep or Jettison?
Replies: 22
Views: 1509

Re: DFA (Dimensional) Portfolio Keep or Jettison?

What is your current age? What is your federal and state tax bracket? What is the name of your state? Your percentages do not line up because they add up to 113.1%. Please fix them so that they add up to 100%. From what I see your portfolio has a significant tilt to value, and small cap value. Can y...
by Tyler Aspect
Thu Aug 08, 2019 2:05 am
Forum: Personal Investments
Topic: Choosing an International Fund
Replies: 3
Views: 589

Re: Choosing an International Fund

Among international stock ETFs I would only consider either the developed international stock index, or total international stock index. I do not believe in tilting toward growth or value.

Developed markets : VEA, IEFA

Total international market : VEU, IXUS
by Tyler Aspect
Thu Aug 08, 2019 1:50 am
Forum: Personal Investments
Topic: Vanguard Dividend Growth Fund Vs Picking your Stock Dividend
Replies: 11
Views: 1308

Re: Vanguard Dividend Growth Fund Vs Picking your Stock Dividend

Good Evening, First time posting. What is a better option investing in Vanguard Dividend Growth Fund (VDIGXOR) picking your own Stock Dividends? Note: I am looking to use dividends for monthly expenses. Thank you The dividend generated by a stock fund is similar to a forced sell of the fund. Divide...
by Tyler Aspect
Tue Aug 06, 2019 5:16 pm
Forum: Personal Investments
Topic: 60 yo needs help with jumbled portfolio.
Replies: 13
Views: 1506

Re: 60 yo needs help with jumbled portfolio.

Thank you for the suggestions! Which one is a better option for income and dividends? Dividend Income Outdated for Retirement Investing The emphasis of income producing investment for retirement is mostly not recommended. If pushed to the extreme, the chasing of high yield investments in junk bond ...
by Tyler Aspect
Tue Aug 06, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Books on gaining control of your mind/behavior
Replies: 24
Views: 2031

Re: Books on gaining control of your mind/behavior

Get Out of Your Mind and Into Your Life: The New Acceptance and Commitment Therapy (A New Harbinger Self-Help Workbook)
by Tyler Aspect
Tue Aug 06, 2019 1:11 pm
Forum: Personal Investments
Topic: 60 yo needs help with jumbled portfolio.
Replies: 13
Views: 1506

Re: 60 yo needs help with jumbled portfolio.

My relative has allowed me to revise their portfolio. I've already changed the 401k and Roth IRA, but the IRA needs some help to simplify it. Emergency funds: 6 months of expenses Debt: None. Tax Filing Status: MFJ Tax Rate: 22% Federal, 6% State State of Residence: CA Age: 60 Desired Asset allocat...
by Tyler Aspect
Mon Aug 05, 2019 7:39 pm
Forum: Personal Investments
Topic: Help in choosing my Bond Fund for my asset allocation.
Replies: 18
Views: 1581

Re: Help in choosing my Bond Fund for my asset allocation.

Sometimes you can use a target retirement fund as a stealth bond fund if its expense ratio is reasonable.
by Tyler Aspect
Mon Aug 05, 2019 2:00 am
Forum: Non-US Investing
Topic: So what's the consensus on bond ETFs for EU investor?
Replies: 22
Views: 1560

Re: So what's the consensus on bond ETFs for EU investor?

I mentioned that EUR and US dollar are the standard exchange currencies in that these are the common hedging targets. The whole point is to hedge unstable currencies to stable currencies. In my mind if you have some US bonds, then the denomination currency can stay as US dollar, since it is already ...
by Tyler Aspect
Sun Aug 04, 2019 5:49 pm
Forum: Personal Investments
Topic: *another* Saving for down-payment (5 - 6 year time frame)
Replies: 4
Views: 755

Re: *another* Saving for down-payment (5 - 6 year time frame)

Wellesley cannot delivery you a fixed moving day six years in the future. It seemed you must use fixed maturity bond investments for the majority of your house savings if you want date certainty. Any stock savings can potentially boost your return in 6 years, or hurt.
by Tyler Aspect
Sun Aug 04, 2019 5:42 pm
Forum: Personal Investments
Topic: Vanguard Flagship service [using PAS] vs Fee only advisor
Replies: 11
Views: 976

Re: Vanguard Flagship service vs Fee only advisor

There is a new moniker of advice only advisors. This is to differentiate from some fee only advisors who also charges asset under management fees. The advice only advisors charge only hourly fees. The service of advice only advisors can offer a "second opinion" without permanently binding you to any...