Search found 380 matches

by BogleAlltheWay
Tue May 19, 2020 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Non State Resident Tax
Replies: 11
Views: 662

Re: Non State Resident Tax

I was surprised to find out that over the last few years I have only paid about $500 more in taxes being in NYC as opposed to NJ. My taxable income in NY was about 10k less due to NY having a higher standard deduction and HSA not being tax deductible in NJ. Does that make sense? I don't think it ma...
by BogleAlltheWay
Tue May 19, 2020 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Non State Resident Tax
Replies: 11
Views: 662

Re: Non State Resident Tax

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...
by BogleAlltheWay
Tue May 19, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Non State Resident Tax
Replies: 11
Views: 662

Re: Non State Resident Tax

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...
by BogleAlltheWay
Tue May 19, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Non State Resident Tax
Replies: 11
Views: 662

Re: Non State Resident Tax

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...
by BogleAlltheWay
Tue May 19, 2020 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Non State Resident Tax
Replies: 11
Views: 662

Non State Resident Tax

Hi All,
I currently live in NYC and work in NJ .
Are the state taxes on my NJ nonresident tax form what I would pay if I lived in NJ?
by BogleAlltheWay
Wed May 06, 2020 12:52 pm
Forum: Personal Investments
Topic: Is now a bad time to front load my 401k?
Replies: 12
Views: 1061

Re: Is now a bad time to front load my 401k?

I would check your 401k matching policy. Some companies only match a max per paycheck. So if you you hit your 401K limit in August you will miss out of the company match for the rest of the year.
by BogleAlltheWay
Wed May 06, 2020 12:48 pm
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 60
Views: 8048

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

While I don't agree with all the points and a lot of them are minor, I still think it is informative. It really doesn't say not to use 401k.
by BogleAlltheWay
Tue May 05, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11787

Re: All my friends are outperforming index funds

I keep trying to convince my friends about the value of low-cost index investing. For the most part they are not really financially savvy and rarely even invest at all. But what little investing they have done the past 3 months has outperformed the market. This from people who know almost nothing a...
by BogleAlltheWay
Sun Apr 19, 2020 10:30 pm
Forum: Personal Consumer Issues
Topic: Should I give blood now?
Replies: 23
Views: 1557

Re: Should I give blood now?

I normally give blood but due to the fact that I live with high risk people and in NY I have not since this started.
by BogleAlltheWay
Fri Apr 17, 2020 11:16 am
Forum: Investing - Theory, News & General
Topic: Why do markets crash / bottom quickly and rise slowly / steadily
Replies: 12
Views: 843

Re: Why do markets crash / bottom quickly and rise slowly / steadily

Bad things have a better shot at affecting the whole market in a big way and happen suddenly . The financial crisis and this one, hurt a ton of companies . There isn't much good news that can come out that will affected a lot of companies in a big way. Often the time the good news follows the bad. i...
by BogleAlltheWay
Sun Apr 12, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 33287

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

IMO It Is a dead cat bounce. A vaccine is a year away at best and it is uncertain how effective it will be. There will be some pent up demand but I think this will change consumer behavior. The government has thrown a lot of money at the issue but will it be enough to keep companies afloat.
by BogleAlltheWay
Wed Apr 08, 2020 8:05 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 33287

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

With everyone predicting a downturn I am going to guess it is not happening.
by BogleAlltheWay
Sat Apr 04, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?
Replies: 97
Views: 4472

Re: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?

watchnerd wrote: Sat Apr 04, 2020 9:52 pm
BogleAlltheWay wrote: Sat Apr 04, 2020 9:11 pm If I could go back I would buy the 3 fund portfolio of Apple, Amazon, and GE stock. I don't want to be too greedy
GE?

Is that just to have a total dog to make up for the others?

;)
It's only fair
by BogleAlltheWay
Sat Apr 04, 2020 5:18 pm
Forum: Personal Investments
Topic: Investing on margin
Replies: 13
Views: 1026

Investing on margin

Assuming the has another big market drop and rates so low, would it be a good idea to invest on margin? If things went further south, I could sell some of my taxable investments to cover it. I currently have no debt, but will likely buy a house in 2-5 years. That money is separate from my investments.
by BogleAlltheWay
Thu Apr 02, 2020 9:44 am
Forum: Investing - Theory, News & General
Topic: ETF
Replies: 5
Views: 235

Re: ETF

On the Vanguard page for Vanguard Total International Stock ETF (VXUS) Sorry - I misread VXUS instead of VTI. I would think that would be tied to stale dated pricing. VTI has to set it price on the close of the foreign exchange, which is hours old. ETF prices can incorporate new information and pri...
by BogleAlltheWay
Thu Apr 02, 2020 9:13 am
Forum: Investing - Theory, News & General
Topic: ETF
Replies: 5
Views: 235

Re: ETF

On the Vanguard page for Vanguard Total International Stock ETF (VXUS)
by BogleAlltheWay
Thu Apr 02, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: ETF
Replies: 5
Views: 235

ETF

With many ETF's trading at a discount i.e. Vanguard Total International Stock ETF (VXUS), is it a big enough advantage that I should I be buying the ETF as opposed to the mutual fund version?
by BogleAlltheWay
Thu Mar 26, 2020 8:14 am
Forum: Personal Investments
Topic: Default Risk of New York Munis
Replies: 3
Views: 308

Default Risk of New York Munis

Are NY Munis more risky because of all the lost revenue for the state? I current hold the Vangaurd NY Muni fund.
If so should I switch to some other bonds?
by BogleAlltheWay
Mon Mar 23, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund vs ETF Expense Ratio
Replies: 6
Views: 408

Re: Mutual fund vs ETF Expense Ratio

Thanks for all the info. I am looking at Vanguard. One of the ones I was looking at was FTSE Emerging Markets(VWO) with an ER of .1% vs the mutual fund version with an ER of .14. Does that matter much? $10K that gets 6% per year for 25 years becomes about $43K. If you get 5.96% per year (b/c of an ...
by BogleAlltheWay
Mon Mar 23, 2020 3:10 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund vs ETF Expense Ratio
Replies: 6
Views: 408

Re: Mutual fund vs ETF Expense Ratio

I think ETF share and mutual funds share expense ratios are so close that it's essentially a non-issue. VTI ETF er=0.03% vs VTSAX Admiral er=0.04%. Mutual fund shares offer the convenience of automatic transactions, frictionless fund exchange (handy right now for TLH without any time out market), r...
by BogleAlltheWay
Mon Mar 23, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: Mutual fund vs ETF Expense Ratio
Replies: 6
Views: 408

Mutual fund vs ETF Expense Ratio

Assuming all else is equal, how many basis points difference becomes significant when deciding between the ETF vs the mutual fund?
by BogleAlltheWay
Sun Mar 22, 2020 11:24 pm
Forum: Investing - Theory, News & General
Topic: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?
Replies: 31
Views: 2880

Re: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?

The problem is when do you buy back in? Let's say you decide will buy when the indices are down 50%. If they don't go down that far then you miss out. When 50% comes they don't to buy because it might go down 60% etc.
by BogleAlltheWay
Wed Mar 18, 2020 12:00 pm
Forum: Personal Investments
Topic: Where to place bonds and what bonds to get?
Replies: 9
Views: 692

Re: Where to place bonds and what bonds to get?

No problem.
Close I am in NY.
Thanks for your help.
by BogleAlltheWay
Wed Mar 18, 2020 9:54 am
Forum: Personal Investments
Topic: Where to place bonds and what bonds to get?
Replies: 9
Views: 692

Re: Where to place bonds and what bonds to get?

Since I already have state munis, should I be adding more munis?
by BogleAlltheWay
Wed Mar 18, 2020 9:37 am
Forum: Personal Investments
Topic: New to Taxable Accounts and Worried About Rookie Mistakes
Replies: 9
Views: 722

Re: New to Taxable Accounts and Worried About Rookie Mistakes

Here is a link to the ETF vs mutual funds: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds At Vanguard, the ETF version is usually the same price or possibly a few basis points cheaper. If you are not using Vanguard I would go ETF. IMO if you use Vanguard I think the ETF vs MF decision comes do...
by BogleAlltheWay
Wed Mar 18, 2020 8:25 am
Forum: Personal Investments
Topic: Where to place bonds and what bonds to get?
Replies: 9
Views: 692

Re: Where to place bonds and what bonds to get?

Hi all, Due to the fact that the bond fund in my 401K ER is .40% vs .10% for S&P500 index fund, I have kept my bond funds outside of it. I have some tax deferred space and some tax free space outside of my 401k. I do hold tax-free state munis in my taxable as part of my bonds. If I put the bond...
by BogleAlltheWay
Tue Mar 17, 2020 6:39 pm
Forum: Personal Investments
Topic: Where to place bonds and what bonds to get?
Replies: 9
Views: 692

Re: Where to place bonds and what bonds to get?

Maybe the Wiki will help? https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Thanks. It has but I am unsure what to do as this is what the page says: "Some investors see bonds or bond funds as tax-inefficient because almost all of the return comes from the dividend yield, which is fu...
by BogleAlltheWay
Tue Mar 17, 2020 9:30 am
Forum: Personal Investments
Topic: Where to place bonds and what bonds to get?
Replies: 9
Views: 692

Where to place bonds and what bonds to get?

Hi all, Due to the fact that the bond fund in my 401K ER is .40% vs .10% for S&P500 index fund, I have kept my bond funds outside of it. I have some tax deferred space and some tax free space outside of my 401k. I do hold tax-free state munis in my taxable as part of my bonds. If I put the bonds...
by BogleAlltheWay
Mon Mar 16, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Buying and selling on daily swings
Replies: 9
Views: 973

Re: Buying and selling on daily swings

Don't know for sure; but, I think that's what's happening with LifeStrategy funds that maintain a constant AA. Could be wrong. They buy and sell everyday? They rebalance daily in order to maintain the asset allocation. A bit different than attempting to time the direction and magnitude of the swing...
by BogleAlltheWay
Mon Mar 16, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: Buying and selling on daily swings
Replies: 9
Views: 973

Re: Buying and selling on daily swings

RadAudit wrote: Mon Mar 16, 2020 9:33 am Don't know for sure; but, I think that's what's happening with LifeStrategy funds that maintain a constant AA. Could be wrong.
They buy and sell everyday?
by BogleAlltheWay
Mon Mar 16, 2020 8:58 am
Forum: Investing - Theory, News & General
Topic: Buying and selling on daily swings
Replies: 9
Views: 973

Buying and selling on daily swings

The way the market is going up and down each day, why don't people buy when its down and sell when it is up for the day?
by BogleAlltheWay
Fri May 24, 2019 1:44 pm
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Re: Looking to buy ETFs for the 1st time

I much prefer mutual funds but the ETFs are cheaper on TD Ameritrade.
I just noticed that the Vanguard ETF and Admiral funds are no longer the same expense ratio.
by BogleAlltheWay
Fri May 24, 2019 9:28 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Re: Looking to buy ETFs for the 1st time

Thanks @SweetAeromotion for the links. The only reason I was thinking of trading off hours is that I have work during normal trading hours. The goal is not to make a mistake, but it can happen. It is good to hear that putting on a high price won't hurt me. It appears that buying more shares is more...
by BogleAlltheWay
Fri May 24, 2019 9:21 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Re: Looking to buy ETFs for the 1st time

I would think they would at least have an warning if the price was way off.

The majority of posters on here an previous ones I have read appear to be against after hours trading for good reason.
I like Vangaurd because the main funds have a mutual fund equivalent so I can just buy that.
by BogleAlltheWay
Fri May 24, 2019 8:30 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Re: Looking to buy ETFs for the 1st time

Thanks @SweetAeromotion for the links. The only reason I was thinking of trading off hours is that I have work during normal trading hours. The goal is not to make a mistake, but it can happen. It is good to hear that putting on a high price won't hurt me. It appears that buying more shares is more ...
by BogleAlltheWay
Thu May 23, 2019 8:25 pm
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Re: Looking to buy ETFs for the 1st time

Thanks to all for the advice.
@SweetAeromotion the links are not working.
by BogleAlltheWay
Thu May 23, 2019 10:59 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1732

Looking to buy ETFs for the 1st time

Hi all, I have a few questions about ETFs 1. I have read on here that it is not a good idea to buy ETF after hours especially for low volume ETFs. What about highly traded ones? 2. I was looking to buy SPDR® Portfolio Emerging Markets ETF(SPEM) from TD ameritrade. Since it is an international fund c...
by BogleAlltheWay
Thu Jan 17, 2019 12:02 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63143

Re: John Bogle has died at age 89

RIP. Thank you.
by BogleAlltheWay
Sat Feb 10, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 111
Views: 18060

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

Although 70% is a high number, it makes sense when you take into account that there is a 40% chance of a correction In any year and the current enviorment. As he mentioned stocks are highly value and interest rates are low.
by BogleAlltheWay
Tue Feb 06, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Total International Index funds
Replies: 8
Views: 1529

Re: Total International Index funds

In this case it is probably more due to looking at prices from different times rather than a currency effect. Stock prices (including US-listed foreign stock ETFs) went down in the US late in the trading day yesterday, after foreign markets had closed. The losses seen in foreign markets today are l...
by BogleAlltheWay
Tue Feb 06, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Total International Index funds
Replies: 8
Views: 1529

Total International Index funds

Why are Total International Index funds are up today when the world's markets had a bad day today?
by BogleAlltheWay
Wed Dec 27, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Re: Comparing Housing values

One (certainly oversimplified and therefore wrong, but perhaps still useful) way to compare would be to ask how much money you'd need to have right now to purchase each house outright, and have enough left over to pay the property taxes ~forever. Applying a 4% withdrawal rule for each $10k of annua...
by BogleAlltheWay
Wed Dec 27, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Re: Comparing Housing values

chevca wrote: Wed Dec 27, 2017 1:48 pm These would likely be far apart, right? I don't see taxes being that different in neighboring cities.

Where would you like living better? Personally, I'd look more at that part of it. Saving on taxes, but not liking where you live may be miserable.
NY and NJ :)
by BogleAlltheWay
Wed Dec 27, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Re: Comparing Housing values

Be aware the calculator is programmed to take into account the mortgage-interest tax deduction but has not been updated for the recent change to the tax code. I don't know if this would make a practical difference in the result, could be it would even out and tax result would be the same impact eit...
by BogleAlltheWay
Wed Dec 27, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Re: Comparing Housing values

Put both scenarios through the NYT rent vs buy calculator, note down the total cost to own for each, say over 10 years. I recommend doing this on a computer screen (I can't see that output on mobile) I used the calculator and after 30 years it appears that a 400K in with house (~2% property tax) wa...
by BogleAlltheWay
Tue Dec 26, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Re: Comparing Housing values

Good idea. Thanks.
by BogleAlltheWay
Tue Dec 26, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Housing values
Replies: 9
Views: 1281

Comparing Housing values

Hi all, I am trying to figure out the break even point of comparing houses which vastly different property taxes. For example, say I can buy the same houses in one market for 600K and another market for 500k, each with a 120k down payment. However, my monthly mortgage is the same for both due to hig...
by BogleAlltheWay
Tue Dec 26, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: New Tax Plan and future stock returns
Replies: 18
Views: 1375

Re: New Tax Plan and future stock returns

Hi all, How can the US stock returns be good in the near future(10 years or so) due to their high valuation and the risk that the next or next administration raises the corporate tax ? Here's my take: 1) U.S. stock returns won't be good in the near future if there's not a crash big enough to scare ...