Search found 270 matches

by retiringwhen
Sun Jul 08, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17890

Re: Morningstar: prepare for a lost decade for U.S. stocks

snip Indeed, Mr. Bogle is very intelligent and makes considered arguments. I submit to the jury that there may be a slight logical disconnect between his statements on the current valuations of stocks and bonds, as well as his opinions on holding foreign equities and "Don't look for the needle, jus...
by retiringwhen
Sat Jul 07, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17890

Re: Morningstar: prepare for a lost decade for U.S. stocks

foo.c wrote:
Sat Jul 07, 2018 5:32 pm
Ok, but how? I think it's more likely to sell off 50% and then rise 100% than just be flat for 10 years.
why?
by retiringwhen
Fri Jul 06, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Bogle method with 300K (1 string attached)
Replies: 14
Views: 2026

Re: Starting Bogle method with 300K (1 string attached)

As to the Money Market. Since you are in a high tax bracket (I assume you live in a state with an income tax too), a good alternative for overall return is Vanguard Treasury Money Market - VUSXX. At my lowe tax rates, it is nearly tax equivalent to the Prime Money Market net taxes: https://investor....
by retiringwhen
Fri Jul 06, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

Not sure if this has been discussed but in the fine print it says: “When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.” Does this mean Vanguard will only accept market orders for non Vanguard commission free ETFs? If so t...
by retiringwhen
Fri Jul 06, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: What are these Bank & Credit Union Fees?
Replies: 16
Views: 1435

Re: What are these Bank & Credit Union Fees?

Bank fees maybe, but I doubt any credit union charges these fees. In the past, you are probebly correct. HOWEVER, today many credit unions charge such fees :( My credit union (i have been a member for 32 years) has all of these fees these days, but since I use on-line banking and paperless statemen...
by retiringwhen
Fri Jul 06, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: W-4 allowances: why not withhold the minimum to avoid penalty?
Replies: 17
Views: 1292

Re: W-4 allowances: why not withhold the minimum to avoid penalty?

I will throw some cold-water on the idea of significant under-withholding. Basically, you are creating debt with some pretty serious penalties if you can't pay when it is due (and in some cases when it is due regardless). It seems to me that staying close to the target due amount is the most prudent...
by retiringwhen
Thu Jul 05, 2018 10:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Avoid Private Real Estate Assets
Replies: 9
Views: 1649

Re: Larry Swedroe: Avoid Private Real Estate Assets

The problem is... there are no commissions paid to the “advisor” when you purchase VNQ I think VNQ qualifies as a publicly traded REIT fund by Larry's definition. My comment was tongue in cheek. Non-liquid, private REITs pay commissions to the sellers. Therefore sellers would rather sell you privat...
by retiringwhen
Thu Jul 05, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Avoid Private Real Estate Assets
Replies: 9
Views: 1649

Re: Larry Swedroe: Avoid Private Real Estate Assets

David Jay wrote:
Thu Jul 05, 2018 8:17 pm
The problem is... there are no commissions paid to the “advisor” when you purchase VNQ
I think VNQ qualifies as a publicly traded REIT fund by Larry's definition.
by retiringwhen
Thu Jul 05, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

This move does show that Vanguard is in fact not a pure "at-cost" provider. It does cost something to execute trades, especially when you don't accept payment for order flow (as VG does not, to their credit). As such, these free ETF trades will be funded by something else. Perhaps it will be by kee...
by retiringwhen
Thu Jul 05, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17890

Re: Morningstar: prepare for a lost decade for U.S. stocks

Well in portfolio, the international index stock funds have been dropping like a rock since the 1st quarter (down on share price by between 10 and 20%, US stocks have been essentially flat), I am basically rebalancing into them just go keep my desired 20% allocation in international. discipline, dis...
by retiringwhen
Wed Jul 04, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

0% ER funds next, let's see if Vanguard can bring a date to that party. A desired endgame for the investor. But I wonder where they would make up the difference. I worry less with Vanguard but it’s still a concern. In a recent thread, there was discussion of stock loans revenue and how it offsets E...
by retiringwhen
Tue Jul 03, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

There is a followup interview and video from Vanguard on this change: https://investornews.vanguard/why-were-lowering-the-cost-of-investing-in-etfs/ "interview" :D :happy I'm as excited about this change as the next, but an interview is not what that is. It's a clever PR video dressed up as a dispa...
by retiringwhen
Tue Jul 03, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 2989

Re: Asset Allocation once you reach your target

What do you mean by using glide slope? A better term is glidepath. There is lot of discussion on this in the early retirement community, but my favorite discussion is by a guy who goes by the pseudonym ERN or Early Retirement Now. Here is a link to one of his studies related to a glidepath: https:/...
by retiringwhen
Tue Jul 03, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 2989

Re: Asset Allocation once you reach your target

I'm there and I like 60/40 for the rest of breathing days. I too am there but still working, more out of not knowing how/where to retire and some fuzzy status with off-spring. I am at 65/35, but considering moving towards a 50/50 AA at time of actual stop working retirement and using the glide slop...
by retiringwhen
Tue Jul 03, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12641

Re: What are your property taxes?

One of our kids is settling down within an hour of us and the other probably will too. So we will be staying in the area (except maybe in the winter :? ). I was just discussing the idea of zero income tax = FL with my wife. I said, hey, you love beaches and sunny weather (we always seem to vacation...
by retiringwhen
Tue Jul 03, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12641

Re: What are your property taxes?

tesuzuki2002 wrote:
Tue Jul 03, 2018 5:05 pm
It could be helpful to someone looking into geo-arbitrage!
I am looking for reasonably valid coordinates for my emergency escape pod.
by retiringwhen
Tue Jul 03, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12641

Re: What are your property taxes?

We were originally looking to move from NJ to SE PA, but our children and grandchildren are on LI. To me, family is a reason to stay. Property taxes come with the whole package. I understand the pull of family. My parents moved away (AZ and we hardly see them due to distance and logistics and it is...
by retiringwhen
Tue Jul 03, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

Hmm... I wonder if the list of non-Vanguard ETFs will include the popular iShares ETFs that people now buy through Fidelity. If so, I can see Fidelity losing a lot more business to Vanguard. Unless Fidelity will allow Vanguard ETFs to be traded free or charge . . . That would be interesting! Althou...
by retiringwhen
Tue Jul 03, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12641

Re: What are your property taxes?

NJ $11,310 for 1400sqft on 1/4 acre. People who pay significantly less, do you have local professional police/fire? Also curious if you have things like 2x weekly garbage and recycling pickup that’s included. I live in NJ w/ $13,000 property taxes on a half million $ house in a semi-rural area. I d...
by retiringwhen
Mon Jul 02, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8928

Re: Vanguard to offer non-Vanguard ETFs commission-free

But of a surprise. All the others will have to do the same I think this is part of the approach to push costs lower on all fronts... This is particularly interesting as it probably will cost Vanguard very little to implement (as they don't really attract the brokerage / trader customer first and fo...
by retiringwhen
Sat Jun 30, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Transaction Types
Replies: 10
Views: 752

Re: Vanguard Transaction Types

I guess I should have been more clear. If you go transaction history in your Vanguard account and click on the transaction type, does it show "Sell" as being different from "Withdrawal"? I have been a long term Etrade user and am unfamiliar with the way it is supposed to work with VBS. Here is the ...
by retiringwhen
Sat Jun 23, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3601

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

Securities lending does appear to be more lucrative in Small Caps. Have you checked VSS (Vanguard FTSE All-World ex-US Small-Cap ETF)? Last I heard anything about that fund, the securities lending revenue more than offset the 0.13% expense ratio. It's nice getting paid to hold International Small C...
by retiringwhen
Sat Jun 23, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3601

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

My baseless prediction: Fees will go to zero and then we will be paid to invest. My son asked me to take a look at his 401k at Fidelity where his first paycheck made a contribution. The S&P fund there is 0.01283%. Yes....less than half of what SCHB charges. I'm sure the company pays some fees. But ...
by retiringwhen
Sat Jun 23, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 1044

Re: My first attempt at TLH

Another question... Will the loss show on my year end tax statement? Or do I need to keep track of my numbers? I realize these are probably really rookie questions, but my taxable account is comparatively small and a lot of this is new to me. Look under cost basis and the tab called realized gains ...
by retiringwhen
Sat Jun 23, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 1044

Re: My first attempt at TLH

I agree, doing a MF to MF exchange keeps you "in the market" with no parking time / lag in the settlement fund as compared to switching between MF and ETF share classes when using the Vanguard brokerage. One of the reasons I prefer trying to stay all one share class. I want to squash this myth abou...
by retiringwhen
Sat Jun 23, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 1044

Re: My first attempt at TLH

I exchanged VTIAX for VFWAX on Thursday for a $3K loss. Making the exchange does it in one step, instead of selling then buying. I agree, doing a MF to MF exchange keeps you "in the market" with no parking time / lag in the settlement fund as compared to switching between MF and ETF share classes w...
by retiringwhen
Fri Jun 22, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3601

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

They don't have to drop it because they are giving you better return from securities lending which costs a little bit of money. :twisted: So would you rather have an expense ratio of 0.03% and no extra return, or an expense ratio of 0.04% and 0.1% extra return? What is the best way to see the boost...
by retiringwhen
Fri Jun 22, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3601

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

They don't have to drop it because they are giving you better return from securities lending which costs a little bit of money. :twisted: So would you rather have an expense ratio of 0.03% and no extra return, or an expense ratio of 0.04% and 0.1% extra return? What is the best way to see the boost...
by retiringwhen
Fri Jun 22, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3601

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

Vanguard offers VIIIX to my company 401K participants at 1.3 basis points. I figure if they can make that offering work at this expense ratio, they will be able to offer VTI at 3 basis points soon... so stay tuned... :sharebeer 401(k) plans have other sources of revenue for Vanguard. in my MegaCorp...
by retiringwhen
Fri Jun 22, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: State tax on 401k contributions - what happens if you move?
Replies: 15
Views: 828

Re: State tax on 401k contributions - what happens if you move?

Here is one for over all taxes: https://taxfoundation.org/publications/state-local-tax-burden-rankings/ and one focused on impact to retirees: https://www.retirementliving.com/taxes-by-state The Retirement Living site is excellent, although I notice they are at least 2 years out of date on NJ estat...
by retiringwhen
Fri Jun 22, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: State tax on 401k contributions - what happens if you move?
Replies: 15
Views: 828

Re: State tax on 401k contributions - what happens if you move?

This is a form of "geographic arbitrage". It can make a big difference. Some states have no state income tax (like Florida). Some have generous state exemptions on retirement-type income (like Georgia.) Some states have estate taxes levied on fairly small estates. Mr. Google can readily supply a lo...
by retiringwhen
Fri Jun 22, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Help a 'Three Funder' Allocate Inherited IRA
Replies: 10
Views: 963

Re: Help a 'Three Funder' Allocate Inherited IRA

How about LifeStrategy Growth (80/20). One fund. Inside is Total US, Total International, Total US Bond and Total International Bond. No re-balancing. Keeps your asset allocation in place (doesn't deviate). Send dividends to the settlement account to go toward the next RMD. Sell some shares to comp...
by retiringwhen
Mon Jun 18, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 68
Views: 4804

Re: "distilled" water for wife's CPAP machine

FlyingMoose wrote:
Mon Jun 18, 2018 3:40 pm
Oh I read it as condensed from a humidifier, oops. I wouldn’t use water from a dehumidifier, it’s nasty, all kinds of dirt and bacteria from the air.
Mine regularly grows mold if not careful. Seems like the opposite of a pure water. more likely to cause new respiratory issues...
by retiringwhen
Sun Jun 17, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 13895

Re: Oh my! Cardone says we need $10m net worth

In the early 1990s, I was in my late 20s making about $80K/year as a computer scientist. Our company switched to Vanguard as the 401(K) provider at the time from some high fee bank provider. The company provided a paper(!) worksheet for you to calculate your target retirement needs as a step towards...
by retiringwhen
Thu Jun 07, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Trust: Execute "at death"
Replies: 6
Views: 690

Re: Trust: Execute "at death"

The book you mentioned is interesting, but it's geared to community property states, mainly California where the author is. It also focuses on the two end points (providing for children outright or in trusts that the children don't control), whereas most people opt for a middle ground (providing fo...
by retiringwhen
Thu Jun 07, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Trust: Execute "at death"
Replies: 6
Views: 690

Re: Trust: Execute "at death"

Did you get a clear understanding of what "execute at death" even means? Do your friends know what they are saying? My first thought was "death at execution." :shock: Your attorney can probably clarify if he is recommending a revocable trust, most likely, or an irrevocable trust, but I would be cle...
by retiringwhen
Wed Jun 06, 2018 6:15 am
Forum: Investing - Theory, News & General
Topic: iShares fee cuts
Replies: 10
Views: 2084

Re: iShares fee cuts

That's great news; VG is having an impact with VTEB. However, I clicked on the footnote on the Ishares MUB fact sheet and it says it's a fee waiver until 2023. The age old trick of temporary fee waivers.... I remember T. Row Price doing that back in the 90s to encourage more inflows. They quietly r...
by retiringwhen
Sun Jun 03, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring a UTMA for my 18 yr old after custodian death
Replies: 9
Views: 717

Re: Transferring a UTMA for my 18 yr old after custodian death

The UTMA laws define minor according to the age the funds must be released and the conservator (guardian) of the minor automatically becomes custodian if the minor (14+) doesn't nominate someone else in 60 days and it has been half a year now. Son turned 18 forty days after his grandmother died. So...
by retiringwhen
Sat Jun 02, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

I wish I had said this earlier, but if you find yourself reaching the deductible and OOP max quickly in the year, it is possible that an HDHP is not the best fit for your family. I would examine this carefully since CA is already an unfriendly tax state for HSAs. It is possible the savings from swi...
by retiringwhen
Sat Jun 02, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

Just thinking out loud here and from reading the good wiki section on HSA (https://www.bogleheads.org/wiki/Health_savings_account) Suppose you invest in your HSA and don't use it year-to-year for expenses. It grows tax-deferred in whatever investments you have. Let's say you have 20 years of saving...
by retiringwhen
Sat Jun 02, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

We use our HSA for medical expenses but they have been so trivial (just smaller co-pays for the most part and the occasional prescription) that it doesn't put a dent into the HSA accumulation. Honestly I don't keep any records because we have a Kaiser HSA, a Kaiser HSA VISA card and all the charges...
by retiringwhen
Sat Jun 02, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

aj76er wrote:
Sat Jun 02, 2018 10:46 am
When using your HSA to pay for current medical expenses, one trick you can do is to first charge everything on a points credit card, and then reimburse yourself out of the HSA to pay off the credit card.
+1, one of the reasons I don't use too many paper checks anymore 8-)
by retiringwhen
Sat Jun 02, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

The paperwork is a pain, sometimes I yearn for the HMO plan at work because there is no paperwork (Kaiser California is a book-keeping dream). What I do is I scan in all my paperwork and just save everything digitally. I figure with everything going paperless anyway, digital copies have to be accep...
by retiringwhen
Sat Jun 02, 2018 5:59 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3181

Re: HSA as retirement vehicle

Because we normally have current year expenses in excess of the HSA/FSA totals and I find the paperwork saving requirement for future HSA withdrawals a headache that I just don’t want, I cash flow my HSA to get the current year (sometimes the expense spread across maybe one year). I hate the paperwo...
by retiringwhen
Fri Jun 01, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Pimco total return (PTTRX) ??
Replies: 19
Views: 1633

Re: Thoughts on Pimco total return (PTTRX) ??

Forgive me, but you keep on saying it; however, and I repeat, the ETF version has done better than BND since its inception in 2013,all post Gross. In my humble view, the Pimco team has done very decently. I guess this points out that your forum handle is a bit misleading :wink: BND and PTTRX are no...
by retiringwhen
Fri Jun 01, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Pimco total return (PTTRX) ??
Replies: 19
Views: 1633

Re: Thoughts on Pimco total return (PTTRX) ??

Forgive me, but you keep on saying it; however, and I repeat, the ETF version has done better than BND since its inception in 2013,all post Gross. In my humble view, the Pimco team has done very decently. I guess this points out that your forum handle is a bit misleading :wink: BND and PTTRX are no...
by retiringwhen
Fri Jun 01, 2018 6:09 am
Forum: Investing - Theory, News & General
Topic: Vanguard from a consumer standpoint. Question [as a personal investor]
Replies: 16
Views: 1520

Re: Vanguard from a consumer standpoint. Question [as a personal investor]

To answer inquiries: I am speaking of times when I "push" funds into prime MM from my bank (external transfer to Vanguard). Second inquiry: my account will say "unavailable funds" and list the date these funds will be "available" however Vanguard defines these two terms. 10 days is how long it will...
by retiringwhen
Thu May 31, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard from a consumer standpoint. Question [as a personal investor]
Replies: 16
Views: 1520

Re: Vanguard from a consumer standpoint. Question

chipperd wrote:
Thu May 31, 2018 6:38 pm
So, my original point was funds transferred IN TO Vanguard ie: from my bank to prime for example. Now takes over a week for those funds to be available. Used to take a day or two. Why the change?
I haven’t done one this month but I did last month and it was only about 3 days.
by retiringwhen
Thu May 31, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Issues redeeming Vanguard Prime Money Market Fund
Replies: 35
Views: 2145

Re: Issues redeeming Vanguard Prime Money Market Fund

Why don't the bank accounts have the same procedures then?! Money in a joint bank account can be moved electronically by any of the owners, no matter which owner deposited the funds! It is not the bank account, it is the user login trying to access the bank account. Vanguard is taking a very conser...
by retiringwhen
Thu May 31, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Issues redeeming Vanguard Prime Money Market Fund
Replies: 35
Views: 2145

Re: Issues redeeming Vanguard Prime Money Market Fund

Thanks everyone. I gave Vanguard a call, explained it to them, they said, my wife could only start redeeming the funds with her login after 2 months! :shock: Or she could call them anytime before the months and they would help. Just doesn't make sense for me, but it is what it is.. I will leave it ...