Search found 179 matches

by software
Mon Dec 30, 2019 3:35 pm
Forum: Personal Investments
Topic: Bad idea to hold vnqi, vxus and bndx in 401k?( foreign tax credit)
Replies: 9
Views: 795

Re: Bad idea to hold vnqi, vxus and bndx in 401k?( foreign tax credit)

The foreign tax credit is a credit for US taxes that duplicate the foreign taxes that you paid. So if you aren't paying US taxes because the investment is in a Roth IRA, then you have no need to get a tax credit for taxes not paid. You aren't getting a credit for foreign taxes that you paid. Got th...
by software
Sat Dec 14, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 906
Views: 123620

Re: That's enough for me in 2019

market timer wrote:
Sat Mar 16, 2019 7:41 am
This is my top-calling post. Feel free to bump as we make new highs.
market timer, is your name Bob by chance? :) You seem equally as bad at market timing, yet have somehow ended up with a decently sized portfolio. Your savings rate must be incredible...
by software
Sat Dec 14, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Give out IRA acct. No.?
Replies: 19
Views: 1153

Re: Give out IRA acct. No.?

I have a friend who is buying a new home. He's retired, so no regular income, but he does have an IRA and the underwriter who is creating the loan wanted a confirmation that friend would make monthly withdrawals of $2500 from his IRA to make the loan payments. Friend agreed to this because as soon ...
by software
Mon Dec 09, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: Merrill Edge is Going Commission-Free
Replies: 20
Views: 2345

Re: Merrill Edge is Going Commission-Free

People say that RobinHood was the one that started it and it is true, but the industry was going that route eventually. Commissions used to be $49 down to $19.99 to $14.95 to $9.99 to $4.95 and now free. Extrapolating from past performance I predict that in a few years most brokers will pay you for...
by software
Fri Nov 29, 2019 2:38 pm
Forum: Personal Investments
Topic: Isn't it a bad idea to have everything in equity I thought?
Replies: 58
Views: 5337

Re: Isn't it a bad idea to have everything in equity I thought?

I'm currently 100% invested in equities (full portfolio holdings documented here https://investwemust.com/portfolio/detail ). This isn't the right allocation for everyone (or even most people) and has more to do with your investing temperment and time until retirement than it does with the amount yo...
by software
Sat Nov 16, 2019 11:47 pm
Forum: Personal Investments
Topic: 50/50 to 45/55
Replies: 38
Views: 3366

Re: 50/50 to 45/55

An insight: 50/50 contains 45/55 as a subset so, with 50/50, you alread y have a 45/55 (or any other finely-tuned) AA. The 45/55 subset by itself is 95% of the whole. Is that big enough for you? If so, those extra bonds can't hurt. They are just a bit of a bonus income. I don't understand this - pl...
by software
Thu Oct 24, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4912
Views: 424794

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

Question for OP and others who (believe to) have a good understanding. Can we summarize and state the primary assumptions that would make this strategy work - i.e. what needs to happen over the next years to make this strategy a big hit? And also, what would need to happen to make this a big flop? ...
by software
Mon Oct 21, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 60
Views: 7899

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

16 reasons I don’t use Yahoo for my news...you won’t believe number 5!
by software
Fri Sep 27, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27964

Re: IT compensation comparison

Amazon has corporate offices all over the country, most of these offices employing SDEs in varying numbers. I work for one of these remote offices.

Some remote offices are in HCOL areas but many others are not.

https://amazon.jobs/en/locations/?&cont ... rica&cache
by software
Fri Sep 27, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27964

Re: IT compensation comparison

As someone who works for Amazon (similar in compensation to Microsoft) I can confirm that the numbers are accurate. At 6 years in I make about 350k in total comp, and I also do not live in a VHCOL area.

It is the norm for someone 3 years in to be making 180k or more in total comp.
by software
Tue Apr 30, 2019 9:33 pm
Forum: Personal Investments
Topic: Initial retirement investing in a record high stock market
Replies: 105
Views: 9348

Re: Initial retirement investing in a record high stock market

Where is the money that you are gradually moving into this allocation being held right now?
by software
Fri Apr 19, 2019 10:59 pm
Forum: Investing - Theory, News & General
Topic: Market timers thread
Replies: 296
Views: 23004

Re: Market timers thread

OP -- I just noticed your topic and am chuckling over the predictable responses. As you are finding, there are about a half dozen or so self appointed "guardians" of this board that absolutely refuse to believe that its possible to time the market. And more importantly, they seem to feel it is thei...
by software
Sun Apr 14, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: For those who were wondering what really happened...
Replies: 19
Views: 8932

Re: For those who were wondering what really happened...

“A client with $2 million paying 0.9% of AUM annually is told that half the fee is for planning and half is for investment management, but continues to pay $9,000 every single year for a financial plan that’s already done, explains Ferri.” Not to nitpick but 0.9% AUM of $2M is $18k. And half of 18k...
by software
Tue Mar 12, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: Is buying only assets with "tickers" a good Boglehead "rule"?
Replies: 23
Views: 1748

Re: Is buying only assets with "tickers" a good Boglehead "rule"?

Would it be fair to say that many/most people at least check the ticker or check for a ticker as a starting point for investing when you are not limited to a 401k (or deferred choices you have at work)? So I want to see what's in a given fund the very first thing I do is check the ticker. If there ...
by software
Tue Mar 12, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 18145

Re: Are Vanguard Mutual Funds dying?

It seems Vanguard is going to keep reducing ETFs fees (because they are cheaper to mantain) https://www.etf.com/sections/index-investor-corner/vanguard-etfs-or-mutual-funds So I wonder if in a matter of years MFs will disapear completely Purchase $200 worth of VTI at the opening bell today and let ...
by software
Tue Mar 12, 2019 9:54 am
Forum: Personal Investments
Topic: Thoughts on this all Fidelity index portfolio. Thank you
Replies: 27
Views: 2308

Re: Thoughts on this all Fidelity index portfolio. Thank you

Hi everyone been following this board for quite some time, finally decided to join and be in a community with people sharing the same passion as mines. But unlike most of you here I'm a little late to the party, looking to learn a lot from each and every one of you. Here's my question, I'm thinking...
by software
Tue Mar 12, 2019 9:15 am
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 18903

Re: Can't see retiring without 15x-30x fixed income

...The last third (I know...hopefully a third!) is about doing what I want to do everyday without the time commitment and responsibility of a paid job. I've been in this last phase (retirement) for less than a year, but I have to say it's pretty cool. The feeling of freedom is unbelievable. And wha...
by software
Sun Mar 10, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: Brexit / VXUS
Replies: 24
Views: 2434

Re: Brexit / VXUS

I know I'm market timing/ thinking too much about this, I guess I just need to talk to a good much of experts here. I recently moved a sizable investment in VXUS and I'm worried that Brexit may sink it. I know I should stop thinking this, but any thoughts on how best to avoid these jitters? -J In J...
by software
Sat Mar 09, 2019 4:02 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384758

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

So with this new data, I think the bottom line for the strategy is this: If you believe we will ever return to the Federal Reserve interest rate regime of pre-1982, then you should probably not pursue this. If, however, you believe that the Fed post-Volcker is a fundamentally different place, relia...
by software
Sat Mar 09, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8413

Re: My name is _____, & I am a MARKET TIMER.

RickBoglehead wrote:
Sat Mar 09, 2019 1:22 pm
How is this thread actionable? :shock:
How many of your posts are questioning a threads’ action-ability? How about you leave the armchair policing to the mods and post when you actually have something useful to say.
by software
Sat Mar 09, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8413

Re: My name is _____, & I am a MARKET TIMER.

Scratch your market timing itch in a way that won’t devastate your portfolio. There are many degrees to market timing, with the most extreme involving moving completely in and out of the market or even more extreme employing a similar strategy but with leverage. I consider what livesoft does with hi...
by software
Mon Mar 04, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: When does actual Vanguard transaction take place?
Replies: 9
Views: 790

Re: When does actual Vanguard transaction take place?

If you have your money being pulled from Ally bank, does the Vanguard transaction take place on the day it is scheduled to, or about 2-3 days later when the money has actually cleared Ally? If 2-3 days later, what should I keep my money in, at Vanguard, to make it immediate? I'd like to make at lea...
by software
Sun Mar 03, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: SIL needs help. Car totaled, still owes $10k. Any way out?
Replies: 70
Views: 5527

Re: SIL needs help. Car totaled, still owes $10k. Any way out?

The sad thing is she has a good job that she has held for 3+ years and makes a decent salary. She messed her credit up so much that that was the only loan she could get. She should have just saved up enough to buy a cheap dependable car and paid cash. But she thought paying this stupid loan would h...
by software
Fri Feb 22, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Don't Save your pymt info online
Replies: 35
Views: 4094

Re: Don't Save your pymt info online

Sure, but then you are trusting them. My point was you are going through a browser written by Google (or whoever) even if you don't use a password manager. No, because secure socket layer encryption (https) encrypts the data in the form. Google (or your ISP, etc.) would just see gobbledegook beyond...
by software
Wed Feb 20, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: [misleading] "The Greatest Investor You’ve Never Heard Of: An Optometrist Who Beat The Odds To Become A Billionaire"
Replies: 6
Views: 2065

Re: [misleading] "The Greatest Investor You’ve Never Heard Of: An Optometrist Who Beat The Odds To Become A Billionaire"

My favorite part is when the article states “His fortune comes not from some flash of entrepreneurial brilliance” and then goes on to describe his entrepreneurial brilliance in detail.

What a weird article for Forbes...
by software
Sat Feb 16, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Use capital gain (1099B) to offset Mutual fund Capital gains on 1099DIV box 2a??
Replies: 2
Views: 205

Re: Use capital gain (1099B) to offset Mutual fund Capital gains on 1099DIV box 2a??

Losses can offset mutual fund capital gains distributions. They cannot, however, offset dividends (beyond the 3000 of regular income deduction).
by software
Fri Feb 15, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: New and Improved CAPE is Higher!
Replies: 33
Views: 3359

Re: New and Improved CAPE is Higher!

But then had Shiller not come up with his new methodology, you would have expected return of 3% real. (not that this is much of a difference) Yes. (Edit: though I actually get my data from Star Capital web site rather than Shiller, as they give data for all countries. Don't know which method they u...
by software
Fri Feb 15, 2019 2:06 pm
Forum: Personal Investments
Topic: Strategy for Selling Company RSUs
Replies: 17
Views: 1130

Re: Strategy for Selling Company RSUs

I think it is actually quite easy to generalize. All you need to do is answer one question. “If I had extra money to invest, would I buy stock of XYZ with it?” If the answer is yes, you should be holding onto your RSUs. If the answer is no, you should sell immediately and buy whatever it is you woul...
by software
Fri Feb 15, 2019 10:14 am
Forum: Personal Investments
Topic: Strategy for Selling Company RSUs
Replies: 17
Views: 1130

Re: Strategy for Selling Company RSUs

If she likes keeping company stocks, sell the RSUs. Then buy on the open market. This now results in the short/long time becoming 1 year. My understanding (I may be wrong) is that for RSU and ESPP, long is 2 years. She would also have control of her own stocks and even if there is a company blackou...
by software
Fri Feb 15, 2019 9:46 am
Forum: Personal Investments
Topic: Strategy for Selling Company RSUs
Replies: 17
Views: 1130

Re: Strategy for Selling Company RSUs

I have RSUs vesting today and I do the same exact thing every time some vest. In advance, I set the actions to "with hold shares at vest" which sells instantly on vesting, with holding some random amount to pay taxes. It takes maybe 4 business days for the sale to settle, at which time, I ACH the m...
by software
Wed Feb 13, 2019 9:14 pm
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 3214

Re: What Is Your Favorite Bogle Quote?

"We live in an uncertain world and face not only the risks of the known unknowns but also the unknown unknowns — the ones that we don't know we don't know. Despite these risks, if we are to have any chance for meeting our long-term financial goals, invest we must."
by software
Mon Feb 11, 2019 12:33 am
Forum: Personal Investments
Topic: Switched jobs - over contributed to my 401k - what if I do nothing?
Replies: 5
Views: 866

Re: Switched jobs - over contributed to my 401k - what if I do nothing?

Taken from irs docs: Excess not withdrawn by April 15. If you don't take out the excess deferral by April 15, 2019, the excess, though taxable in 2018, is not included in your cost basis in figuring the taxable amount of any eventual distributions from the plan. In effect, an excess deferral left in...
by software
Sun Feb 10, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384758

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

Maybe I don’t understand how these funds get their leverage, but isn’t there a non-zero (and even high) percentage chance that at some point these funds will end up at zero? To get 3x leverage, for every share of underlying fund owned there needs to be 2 coming from leverage. If the underlying index...
by software
Fri Feb 08, 2019 7:53 pm
Forum: Personal Investments
Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
Replies: 84
Views: 6137

Re: Whats better to hold, Roth dollars or Tax-deferred dollars ?

You are missing the fact that you now have a smaller amount to invest because of having to pay taxes out of it at a high tax rate. If your tax rate is exactly the same at the time of contribution and the time of withdrawal, there is actually zero difference between tax deferred and Roth. You can do ...
by software
Thu Feb 07, 2019 9:22 am
Forum: Investing - Theory, News & General
Topic: Rebalance Timing?
Replies: 17
Views: 1192

Re: Rebalance Timing?

If you put in a mutual fund trade during the trading day, it will execute the same day.

For example, if you put in an exchange at 3:30PM EST then the trade will execute same day. It still gives a half an hour where the market could move wildly, but it makes the chances far less likely.
by software
Mon Feb 04, 2019 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Taxes: how to account for returning sign-on bonus in 2018?
Replies: 3
Views: 431

Re: Taxes: how to account for returning sign-on bonus in 2018?

Bonus income is reported on your w2. I would expect your employer should automatically adjust the reprorted income on your w2 to acccount for the return.
by software
Fri Jan 25, 2019 5:32 pm
Forum: Personal Investments
Topic: Switch from VXUS (VTIAX) to Fidelity No Fee fzilx?
Replies: 10
Views: 1890

Re: Switch from VXUS (VTIAX) to Fidelity No Fee fzilx?

You realize FZIlX is a mutual fund and not an etf, right? Your zero commission likely does not apply to mutual funds although admittedly I don’t know much about the Merrill edge platform.
by software
Thu Jan 24, 2019 8:16 pm
Forum: Personal Investments
Topic: PG&E stock or ETF at Vanguard?
Replies: 26
Views: 2239

Re: PG&E stock of ETF at Vanguard?

I went to a poker game once. First time. Everyone was very eager to teach me how to play. Did pretty well--a certain kind of crazy, you know? You gotta be a little crazy or a little lucky to win at this game. You actually don’t need to be either, you just need to be patient. Something which most pe...
by software
Thu Jan 24, 2019 7:58 pm
Forum: Personal Investments
Topic: PG&E stock or ETF at Vanguard?
Replies: 26
Views: 2239

Re: PG&E stock of ETF at Vanguard?

I went to a poker game once. First time. Everyone was very eager to teach me how to play. Did pretty well--a certain kind of crazy, you know? You gotta be a little crazy or a little lucky to win at this game. You actually don’t need to be either, you just need to be patient. Something which most pe...
by software
Wed Jan 23, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 5428

Re: Too Much Savings for Income Manipulation for ACA Purposes?

The largest subsidy you might get from ACA is about $12,000 per year. That is less than 0.5 % of your portfolio. I think your daily fluctuations in the value of your taxable would swamp that most days. Are you really concerned about this? Sorry, but this is incorrect information. (unless you are as...
by software
Tue Jan 22, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Fake Passive Investors
Replies: 51
Views: 3146

Re: Fake Passive Investors

I find it interesting the level of offense that people take over something recognized by those same people as meaningless and of no value. The vanguard statement provided by the OP outlines how they categorize whether a FUND is active or passive. This statement does not carry over to individual inve...
by software
Sun Jan 06, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Are we at "Peak FI"?
Replies: 93
Views: 10732

Re: Are we at "Peak FI"?

BeanCity wrote:
Sun Jan 06, 2019 3:30 pm
Has the recent downtick in the stockmarket got you in trouble to the point you have to short sell assets?
I think you are confused on what “short selling assets” means.

It doesn’t mean selling assets when they are down.
by software
Sun Jan 06, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: Avoid rebalancing between risky assets. Let bulls run.
Replies: 33
Views: 3066

Re: Avoid rebalancing between risky assets. Let bulls run.

To the extent that rebalancing makes any difference at all, yearly rebalancing seems harmful, while a very wide rebalancing "band" of 10-15% seems to often increase returns slightly and decrease volatility slightly. In the very long run equities will out outperform fixed income because they are mor...
by software
Mon Dec 31, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Questions for the BH “All Stars”
Replies: 23
Views: 2284

Re: Questions for the BH “All Stars”

^ You do know that it takes longer than 15 minutes for most people to find the bogleheads' wiki, don't you? I wish to add that everyone is very suspicious of anything found on the internet nowadays. I could tell acquaintances that bogleheads.org is the best place on the internet to get unbiased and...
by software
Sun Dec 30, 2018 11:03 pm
Forum: Personal Investments
Topic: 7% guaranteed return fund in 403b
Replies: 23
Views: 3196

Re: 7% guaranteed return fund in 403b

This sounds like an annuity. https://forum.mrmoneymustache.com/share-your-badassity/7-guaranteed-tda-for-nyc-teachers/ It may still be a good deal, but it isn't 7% rate of return, as the amounts presumably dont increase for inflation and there is no terminal value. It’s actually not anything like a...
by software
Sun Dec 30, 2018 9:29 pm
Forum: Personal Investments
Topic: 7% guaranteed return fund in 403b
Replies: 23
Views: 3196

Re: 7% guaranteed return fund 403b?

There is no free lunch. The 7% guaranteed return you are getting is heavily subsidized by NY taxes and should be considered part of your benefit package. I think you would be insane to give that up.

Ride that gravy train as long as you can...
by software
Sun Dec 30, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Tax Loss Harvest FBIOX and avoid Wash Sale?
Replies: 1
Views: 167

Re: Anyone Tax Loss Harvest FBIOX and avoid Wash Sale?

Your brokerage will only mark a wash sale if you buy exactly the same fund. After that, it is up to you to determine whether your new fund is substantially identical. I personally only consider things identical if they track the same index with the same strategy. The funds you listed are not even cl...
by software
Fri Dec 28, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 14912

Re: Vanguard Founder Jack Bogle Says It’s Time to market time

The assumption that everyone has the same course leads to a lot of misunderstandings. Some of us have courses that are dependent on various methods of valuation (which for me go beyond a simple P/E ratio.) I stay on my course by reducing my stock holdings when I am not comfortable with the valuatio...
by software
Fri Dec 28, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 14912

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

Bogle preaches stay the course but has practiced market timing multiple times.

As the old saying goes “Do as I say, not as I do”?

I thank bogle immensely for his work in index funds, but I’m not doing a thing.