Search found 765 matches

by retiringwhen
Thu Jan 24, 2019 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Appropriate allocation of Church funds
Replies: 14
Views: 939

Re: Appropriate allocation of Church funds

I would ask two questions to help answer your concern (I have been a finance Deacon and finance committee member/leader for most of the past 20 years). 1.) what is your role in the church? Leader/Deacon/Elder (or similarly named / elected / appointed role?), Member, regular attender? 2.) What is the...
by retiringwhen
Tue Jan 22, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Article of John Bogle
Replies: 10
Views: 932

Re: Article of John Bogle

Good article and Ira Stoll addresses one of my complaints about a lot of the discussion about Vanguard's history. The path chosen is integral to why Vanguard is so successful. It it is far form clear that a path to Jack Bogle being a Billionaire would have happened if the twin approach of mutual own...
by retiringwhen
Tue Jan 22, 2019 7:21 am
Forum: Investing - Help with Personal Investments
Topic: best way to send money to Vanguard?
Replies: 5
Views: 994

Re: best way to send moeny to Vanguard?

If it is a taxable inherited account you are liquidating and need to transfer to Vanguard, depending on the source, a paper check is not actually all that hard. We have several small life insurance checks that frankly it was more work to deposit and transfer than just do an online deposit request vi...
by retiringwhen
Tue Jan 22, 2019 7:09 am
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 85
Views: 4122

Re: Is it ever worth purchasing an extended warranty for a vehicle?

I bought one extended warranty, for a 1998 Windstar.... The reviews were horrible on reliability for the car (and i had just gone through a mess with a Mercury Sable with similar drive train.) Well I wanted a Honda Odyssey, but they were 6 mos. back-ordered and Ford was selling the Windstar for $8,0...
by retiringwhen
Mon Jan 21, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: xkcd Webcomic Weighs in on Technical Analysis
Replies: 15
Views: 1401

Re: xkcd Webcomic Weighs in on Technical Analysis

Thanks for posting this cartoon, I looked around for a good TA thread to pop this into this morning, but got a bit distracted by other shiny objects!

XKCD is one of the best at distilling the absurdity of so many things, especially human whimsey.
by retiringwhen
Sat Jan 19, 2019 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

^If waiting increases the chance of growth, then waiting would mean higher taxes on the withdrawal. Taking it out early would mean less taxes. The growth with still happen in the taxable account, but tax-efficiently and at a lower tax rate. Show me the math. :) Okay so I did the math (useful setup ...
by retiringwhen
Sat Jan 19, 2019 11:06 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3586

Re: How much money does one need to setup a private S&P 500 fund?

Will hit it on the head. The fund is free in the sense that most logical people use the meaning and arguing otherwise is just plain silly. In the sense of the Zero funds being free in isolation, I totally agree. And if you are a penny pinching Boglehead who is also sign-on bonus chaser who moves mo...
by retiringwhen
Sat Jan 19, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3586

Re: How much money does one need to setup a private S&P 500 fund?

Besides that, it's already been shown that securities lending revenue is likely adequate to cover the costs of running the fund, so it's very possible that the ZERO funds are not even loss leaders. Can you show me a non-Institutional Shares type fund that actually tracks its index with no lag by co...
by retiringwhen
Sat Jan 19, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3586

Re: How much money does one need to setup a private S&P 500 fund?

Besides that, it's already been shown that securities lending revenue is likely adequate to cover the costs of running the fund, so it's very possible that the ZERO funds are not even loss leaders. Can you show me a non-Institutional Shares type fund that actually tracks its index with no lag by co...
by retiringwhen
Sat Jan 19, 2019 6:45 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3586

Re: How much money does one need to setup a private S&P 500 fund?

Please clarify. If I am paying nothing to hold a fund, no fees, no expense ratio, nothing, how exactly is that not free? Read the prospectus for each of the Zero Funds. They on average assume their actual costs are approximately 0.045% and they willingly are waiving those fees. That means somewhere...
by retiringwhen
Sat Jan 19, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3586

Re: How much money does one need to setup a private S&P 500 fund?

Please clarify. If I am paying nothing to hold a fund, no fees, no expense ratio, nothing, how exactly is that not free? Read the prospectus for each of the Zero Funds. They on average assume their actual costs are approximately 0.045% and they willingly are waiving those fees. That means somewhere...
by retiringwhen
Sat Jan 19, 2019 5:37 pm
Forum: Investing - Theory, News & General
Topic: Why don't Standard and Poor come up with their own index funds?
Replies: 4
Views: 423

Re: Why don't Standard and Poor come up with their own index funds?

To the OP, S&P/Dow Jones is a media/research and analysis company. They don't run any financial services. Your question is akin to asking why doesn't the New York Times run for President. If S&P created a mutual fund company to sell their indices, then they would essentially destroy their role as a ...
by retiringwhen
Sat Jan 19, 2019 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Any downsides to repeatedly switching between varioud money market funds?
Replies: 7
Views: 608

Re: Any downsides to repeatedly switching between varioud money market funds?

The way many brokerages are set up now after MM reform, including VG, the clearing fund yields about 2% less than the prime MM fund. VFMXX (Vanguard Federal MM aka the Settlement Fund) is has a SEC Yield of 2.31% pre-tax and VMMXX (Vanguard Prime MM) is yielding 2.53% as of 1/18/19 for an improveme...
by retiringwhen
Fri Jan 18, 2019 6:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 78
Views: 7567

Re: Bogle "5% Gold"

midareff wrote:
Fri Jan 18, 2019 6:10 pm
My wife holds some gold. Since she purchased it eight years ago it has paid no dividends, makes no product, and has declined in value near 30%. You like gold, go for it.
Can she wear it out to dinner or a show? Then it could be considered providing functional service :wink:
by retiringwhen
Fri Jan 18, 2019 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

Any other assumptions? 5) In the "take it early" scenario any losses will be used for tax loss harvesting in December. For simplicity, I am going to assume the investment is not sold in taxable. I am not sure how to model the TLH scenario otherwise. you'd start to have to take in account other inco...
by retiringwhen
Fri Jan 18, 2019 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

Any other assumptions? 5) In the "take it early" scenario any losses will be used for tax loss harvesting in December. For simplicity, I am going to assume the investment is not sold in taxable. I am not sure how to model the TLH scenario otherwise. you'd start to have to take in account other inco...
by retiringwhen
Fri Jan 18, 2019 6:03 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 78
Views: 7567

Re: Bogle "5% Gold"

That requires that the person who wants it knows that it's there. To paraphrase Tyler Durden, the first rule of owning gold is that you don't own any gold. A local resident didn't follow this rule, and when he went back years later to trade some Gold stashed in his house, he found it had been swapp...
by retiringwhen
Fri Jan 18, 2019 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

All things being equal (like market returns), waiting until the end of the year is better as it allows tax-deferred growth longer. We take them around Thanksgiving and re-invest in a taxable account (after DEC dividends That gets tricky. Most people have lower long term capital gains rates than the...
by retiringwhen
Fri Jan 18, 2019 4:35 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 78
Views: 7567

Re: Bogle "5% Gold"

That requires that the person who wants it knows that it's there. To paraphrase Tyler Durden, the first rule of owning gold is that you don't own any gold. A local resident didn't follow this rule, and when he went back years later to trade some Gold stashed in his house, he found it had been swapp...
by retiringwhen
Fri Jan 18, 2019 4:02 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 78
Views: 7567

Re: Bogle "5% Gold"

That requires that the person who wants it knows that it's there. To paraphrase Tyler Durden, the first rule of owning gold is that you don't own any gold. A local resident didn't follow this rule, and when he went back years later to trade some Gold stashed in his house, he found it had been swapp...
by retiringwhen
Fri Jan 18, 2019 3:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Hedge Funds A Bad Buy
Replies: 7
Views: 514

Re: Larry Swedroe: Hedge Funds A Bad Buy

You would think that with leverage and shorting that hedge fund managers could boost returns and better capture factors. Some probably do but whatever alpha generated is probably eaten up by the fees. Another indication that markets are pretty darned efficient. 2 plus 20 is a very high hurdle...
by retiringwhen
Fri Jan 18, 2019 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

^If waiting increases the chance of growth, then waiting would mean higher taxes on the withdrawal. Taking it out early would mean less taxes. The growth with still happen in the taxable account, but tax-efficiently and at a lower tax rate. Show me the math. :) Your withdrawal for THIS year does no...
by retiringwhen
Fri Jan 18, 2019 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1375

Re: Inherited IRA - RMD

Hi all, I inherited an IRA, and need to begin taking RMDs this year. Is there a strong case to take this RMD early in the year or later in the year? I plan on simply re-investing this money in my traditional brokerage account. Thanks in advance! RJ All things being equal (like market returns), wait...
by retiringwhen
Fri Jan 18, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2637

Re: NJ EZ-Pass Why a monthly service fee?

I'll just add this to my list of reasons to move out of NJ someday when I retire. NJ seems to want to make it harder to retire there. Highest property taxes, no traditional IRA deduction, and no HSA deduction. Tell me about it, if I could just convince my wife to leave now, we could retire yesterda...
by retiringwhen
Fri Jan 18, 2019 9:23 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) vs Taxable on a low income
Replies: 16
Views: 1199

Re: 401(k) vs Taxable on a low income

In a situation where you can’t know the answer before hand with a high degree of confidence, i would punt and go 50/50. I am in a similar place regarding using Roth IRA/401(K) vs pre-tax. I decided to hedge my bets a bit and essentially go 75/25 pre-tax / Roth, but I have a much lower ER and a 100% ...
by retiringwhen
Fri Jan 18, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2637

Re: NJ EZ-Pass Why a monthly service fee?

Also, for NJ, combine transponders into single accounts as much as possible as the $1 fee is per account not transponder.
by retiringwhen
Fri Jan 18, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2637

Re: NJ EZ-Pass Why a monthly service fee?

I regularly drive the turnpike and bridges south to MD. There is a very attractive toll program for MD, so I signed up for the MD Ezpass and if I generate a toll in MD at least 3 times a month, their $1 fee is waived.

There are definitely ways to save money based upon your personal travel patterns.
by retiringwhen
Fri Jan 18, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2637

Re: NJ EZ-Pass Why a monthly service fee?

Long story short, when EZ Pass was instituted in NJ, the agencies had a business plan that said that they would make enough revenue from fines and late fees by a low compliance rate (basically they assumed 15% of the drivers would try to toll cheat.) to pay for operations and the construction bonds....
by retiringwhen
Tue Jan 15, 2019 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1060

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

I am not a fan of the Balanced Index Fund in that if one is not satisfied with either the fixed or equity side, the investor must sell the fund affecting either the fixed or equity which he might prefer not to. I am in favor of a fund that is either fixed or equity and not a blend. In Roth account ...
by retiringwhen
Tue Jan 15, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4368

Re: Amazon Rewards Visa -- predatory lending?

Morale of the story is to never carry a balance - ever. And certainly don't think about using the credit card for things like taking cash out. This got me a few years ago. I made a transaction that I did not know was considered a cash advance (via money transfer service.) I didn't find out until th...
by retiringwhen
Tue Jan 15, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 70
Views: 7283

Re: Vanguard Brokerage Accounts

That's one possible explanation, Doc. However, IMO, they should punish traders who exceed a certain number and not punish all of the rest of us by taking away a valuable resource we previously had (one real YTD statement for each year). Nice idea but I don't think a broker is "allowed" to make that...
by retiringwhen
Mon Jan 14, 2019 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: I'm the noobiest noob
Replies: 16
Views: 1394

Re: I'm the noobiest noob

I will also say, you are off to good start. You learned something last year, the market is not a one trip to the top, it has detours. Realize you survived last year and you will survive the next bad one too. Second, as noted above the market NOT at all time highs, so you are buying a discount (hopef...
by retiringwhen
Mon Jan 14, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's The Planner and the Geek Podcast Opinions?
Replies: 4
Views: 434

Re: Vanguard's The Planner and the Geek Podcast Opinions?

alec wrote:
Mon Jan 14, 2019 8:00 pm
IMO, It’s a lot of basic info that u can pick up here.
For newer or less inclined investors it may be good, but like their videos, I find them longer than I desire. Content is good quality, just not for me.
by retiringwhen
Sat Jan 12, 2019 10:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 70
Views: 7283

Re: Vanguard Brokerage Accounts

Now, under the new system, you have to keep the entire year's worth of statements if you want a true YTD of all transactions. No you don't. You can get all the transactions downloaded in several formats and print it if you want. But those formats do not include the "year to date statement". I just ...
by retiringwhen
Fri Jan 11, 2019 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 921

Re: state income tax on VMMXX interest

The legal case is from 1997, so I don't expect any changes at this late date, realize that the 80% defines rule for being specified as a QIF, not deductibility of a regular mutual fund. That was where I tripped up too. If you have 20% Fed. Obligations, you can deduct 20% of the interest on any mutu...
by retiringwhen
Fri Jan 11, 2019 7:02 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13579

Re: Around 43K in dividends last year - feel good about it ?

Also, nobody has yet answered my question of non or low dividend ETFs or MFs. Has the return of such investments proved to be superior in the medium or long term to say a VIG or VYM ? You can look this up at Morningstar.com for yourself, but to get you going: https://i.imgur.com/xJkDYyz.png Note th...
by retiringwhen
Fri Jan 11, 2019 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 921

Re: state income tax on VMMXX interest

Also on page 21, a little further down from that quote is the restriction: "A New Jersey Qualified Investment Fund is a regulated investment company in which at least 80% of the fund’s investments (other than cash or receivables) are obligations issued either directly by the federal government or t...
by retiringwhen
Fri Jan 11, 2019 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 921

Re: state income tax on VMMXX interest

In 2017, 20.4% of VMMX dividends were derived from US Treasuries. Whether or not that is deductible on your state income taxes is subject to the laws of your state of residence. I was recently happily corrected by other forum members and learned that I can reduce my VMMXX dividends by that amount i...
by retiringwhen
Fri Jan 11, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13579

Re: Around 43K in dividends last year - feel good about it ?

Similar situation here, highest tax bracket and large dividends in taxable. What other choice do we have? VTSAX and VTIAX are tax efficient. The only other option I see is Berkshire stock, which doesn't distribute dividends. I am open to all suggestions on a more efficient tax strategy. Ditto. I so...
by retiringwhen
Fri Jan 11, 2019 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 921

Re: state income tax on VMMXX interest

This page is your friend.... 2017 Government Obligations data for Vanguard funds. (2018 is not out yet) https://personal.vanguard.com/pdf/USGO_022018.pdf Bookmark this page and the 2018 data will show up here once it is published: https://personal.vanguard.com/us/insights/taxcenter/state-specific-ta...
by retiringwhen
Fri Jan 11, 2019 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 921

Re: state income tax on VMMXX interest

In 2017, 20.4% of VMMX dividends were derived from US Treasuries. Whether or not that is deductible on your state income taxes is subject to the laws of your state of residence. I was recently happily corrected by other forum members and learned that I can reduce my VMMXX dividends by that amount in...
by retiringwhen
Fri Jan 11, 2019 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: What are these secret vanguard index trust?
Replies: 11
Views: 1348

Re: What are these secret vanguard index trust?

His 401K funds also do not have dividends or capital gains- I don't really understand the point since we wouldn't be taxed on them anyway. But I guess that's why they don't have to distribute! Not having to distribute dividends and CG is a simplification for the CIT thus lower the administrative co...
by retiringwhen
Fri Jan 11, 2019 10:49 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13579

Re: Around 43K in dividends last year - feel good about it ?

One way to lower dividends is to tilt to growth rather than value or blend. Large growth index VIGAX had dividends of 1.4% for the four quarters of 2018, based on fourth quarter reinvest price. Large value index VVIAX had dividends of 2.8%. And total market index VTSAX had dividends of 2.1%. And VI...
by retiringwhen
Fri Jan 11, 2019 10:43 am
Forum: Investing - Help with Personal Investments
Topic: What are these secret vanguard index trust?
Replies: 11
Views: 1348

Re: What are these secret vanguard index trust?

An advantage is that you should be seeing the absolute minimum expenses in such trusts. In my 401k the S&P 500 trust had an ER of 0.01%, and someone once reported here an ER of 0.00% for that sort of fund. It is really just a case of economy of scale which any large employer doing what they should ...
by retiringwhen
Fri Jan 11, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13579

Re: Around 43K in dividends last year - feel good about it ?

An argument could be made that the fund managers and companies sold stock shares at their lowest prices in order to pay out the December dividends they paid. RE: Fund managers: You raise an interesting point when thinking about dividends and total stock market index funds (e.g., VTSAX, VTIAX, etc.....
by retiringwhen
Thu Jan 10, 2019 9:33 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13579

Re: Around 43K in dividends last year - feel good about it ?

Is there some corresponding ETF for total growth stocks which can be compared to dividend paying ETFs VIG or VYM ? That would be a good test For large-cap US Stocks, there is a split MF pair (and associated ETFs) that split value and growth in a crude way. Together they equal the Large-Cap Index Fu...
by retiringwhen
Wed Jan 09, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 51
Views: 6874

Re: It was a dip. Did you notice? The December drop is over.

livesoft wrote:
Wed Jan 09, 2019 6:24 pm
tennisplyr wrote:
Wed Jan 09, 2019 6:17 pm
Dips and spikes are totally arbitrary...depends on what time periods you're looking at.
This is totally true if you make no transactions in your accounts.
Or tax-loss harvest in a market neutral manner! BTW, my VTV/VUG split between IRA and taxable is now in the green.
by retiringwhen
Wed Jan 09, 2019 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Backdoor ROTH older Non Deductable tIRA
Replies: 12
Views: 559

Re: Can I Backdoor ROTH older Non Deductable tIRA

moving the pre-tax IRA funds to a 401(K) is a great solution to the pro-rata problem. I would look into your 401(k)'s provisions to support this move. I had not done any back-door Roths due to a very large Rollover IRA. After reading about the 401(K) move, I did it and moved all the pre-tax IRA into...
by retiringwhen
Wed Jan 09, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Keeping old statements from closed accounts
Replies: 22
Views: 1908

Re: Keeping old statements from closed accounts

As someone who recently did a forensic dig back to the mid-1980s to correct/identify the after-tax contributions to an IRA, I would suggest that if you have ANY after-tax activities related to the accounts, pull out that information and collect it into one folder per account (including making copie...
by retiringwhen
Wed Jan 09, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions on secular donations & time donations
Replies: 22
Views: 1197

Re: Suggestions on secular donations & time donations

If you have a skill or hobby that is part of a club with 4H, they are a wonderful youth development organization if you want to spend time helping shape youth. Totally dependent upon good skilled adults with whatever skills their clubs need ranging from small animals, horticulture, shooting sports, ...