Search found 2089 matches

by retiringwhen
Sat Apr 10, 2021 7:42 am
Forum: Personal Investments
Topic: Help deciphering a friend's quarterly statement?
Replies: 2
Views: 263

Re: Help deciphering a friend's quarterly statement?

First piece of advice. She should work with the Brokerage to ensure the ownership of those accounts are setup in her name alone and no longer references her parents in any way. There are tax and estate consequences for joint accounts that grow up from custodial UGMA/Trust accounts. Second, depending...
by retiringwhen
Fri Apr 09, 2021 7:58 am
Forum: Investing - Theory, News & General
Topic: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?
Replies: 105
Views: 10626

Re: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?

And Edison was more than a bit of a grandstander in his day too. So was Nikola Tesla for that matter. The story of how and why Edison invented the Electric Chair is more shocking and ridiculous than anything Musk has done. BTW, I agree Musk is a truly a once in a century kind of guy and I also expe...
by retiringwhen
Thu Apr 08, 2021 7:14 pm
Forum: Personal Investments
Topic: New Vanguard Ultra Short Bond ETF (VUSB)
Replies: 17
Views: 1968

Re: New Vanguard Ultra Short Bond ETF (VUSB)

Seems to me like a good application for i-bonds instead (for $10K or $20K of this), unless there is a >0% chance you would buy in less than 11 months, 3 weeks. You have much better liquidity with VUSB than i-bonds with their 1 year holding period and somewhat cumbersome redemption process... i-bond...
by retiringwhen
Thu Apr 08, 2021 7:13 pm
Forum: Personal Investments
Topic: New Vanguard Ultra Short Bond ETF (VUSB)
Replies: 17
Views: 1968

Re: New Vanguard Ultra Short Bond ETF (VUSB)

This fund is a real viable alternative for someone wanting to keep cash or near cash in their brokerage account, but they don't have viable alternatives provided by the brokerage. When rates to start to rise again, this funds will really begin to display the difference. Question, but have investors...
by retiringwhen
Thu Apr 08, 2021 1:41 pm
Forum: Investing - Theory, News & General
Topic: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?
Replies: 105
Views: 10626

Re: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?

My point is I agree with @mdchemist that I believe the index fund will need to purchase more shares, unlike what others have said. At least that is how I see it. Most indices only reconstitute (aka rebalance/adjust the size of each stock percentage held within the index) once a quarter (or less) an...
by retiringwhen
Thu Apr 08, 2021 10:39 am
Forum: Personal Investments
Topic: New Vanguard Ultra Short Bond ETF (VUSB)
Replies: 17
Views: 1968

Re: New Vanguard Ultra Short Bond ETF (VUSB)

Seems to me like a good application for i-bonds instead (for $10K or $20K of this), unless there is a >0% chance you would buy in less than 11 months, 3 weeks. You have much better liquidity with VUSB than i-bonds with their 1 year holding period and somewhat cumbersome redemption process... i-bond...
by retiringwhen
Thu Apr 08, 2021 10:15 am
Forum: Personal Investments
Topic: New Vanguard Ultra Short Bond ETF (VUSB)
Replies: 17
Views: 1968

Re: New Vanguard Ultra Short Bond ETF (VUSB)

I believe this is Vanguard's first Active ETF. What about the (well-hidden) Factor ETFs like VFMF, VFVA, etc.? The factor funds are technically Index ETFs as they provide composition files driven (PCF) in near real-time, see: https://investor.vanguard.com/etf/profile/portfolio/VFMF/pcf But! VUSB pr...
by retiringwhen
Thu Apr 08, 2021 8:56 am
Forum: Personal Investments
Topic: New Vanguard Ultra Short Bond ETF (VUSB)
Replies: 17
Views: 1968

Re: New Vanguard Ultra Short Bond ETF (VUSB)

I wonder why Vanguard did not make the new ETF a share class of the existing mutual fund. Could this be a glimpse of where Vanguard hopes to go in the future with other funds? I believe the primary driver is that this ETF and the original ultra-short mutual fund are actively managed. I am guessing ...
by retiringwhen
Wed Apr 07, 2021 8:42 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 380
Views: 92541

Re: A Returns Spreadsheet for Bogleheads

I remember an error about using the last calculated value for formulas with errors, but I would have thought now that I have valid formulas it should "just work." Excel has a setting called Calculation Options with choices of Automatic , Automatic except for Data Tables and Manual . I am ...
by retiringwhen
Fri Apr 02, 2021 7:47 am
Forum: Investing - Theory, News & General
Topic: Traditional to Roth
Replies: 18
Views: 1336

Re: Traditional to Roth

Sorry for the dim question. My wife, for whatever reason, opened a Traditional IRA at Vanguard. She put some funds into it, but hasn’t bought anything yet. How do we transfer that into a Roth? She didn’t listen to her husband when he told her to open a Roth. Open a Roth account and do a conversion ...
by retiringwhen
Thu Apr 01, 2021 8:49 am
Forum: Investing - Theory, News & General
Topic: Market crashes. Who causes them?
Replies: 42
Views: 3772

Re: Market crashes. Who causes them?

If you have significant allocation in bonds this year, it has been a very rough year! CD will get you about 0.2%, perhaps up to ~2% for a long term commitment of years, less penalties if you early withdrawal. Not at all, I don't care, I have matched my bond duration with the expected need for their...
by retiringwhen
Wed Mar 31, 2021 9:49 pm
Forum: Investing - Theory, News & General
Topic: Market crashes. Who causes them?
Replies: 42
Views: 3772

Re: Market crashes. Who causes them?

Stay invested....until when? At some point you may need your money to buy a house, for tuition, to buy your SS Boglehead yacht, to satisfy the RMD rules, pay your long term care bill, to pay a healthcare provider, to build a business. The long term is a nice and ideal goal, but in the long term, yo...
by retiringwhen
Wed Mar 31, 2021 8:34 pm
Forum: Investing - Theory, News & General
Topic: Market crashes. Who causes them?
Replies: 42
Views: 3772

Re: Market crashes. Who causes them?

Idiots who don't know how to perform basic risk management and loose $40B in 4 days under the guise of a "Family Office" thus creating a cascading set of losses and failures of trust in several large investment banks. The lost of trust then turns into a panic and fuels a 50% market sell c...
by retiringwhen
Mon Mar 29, 2021 9:04 pm
Forum: Investing - Theory, News & General
Topic: Market crashes. Who causes them?
Replies: 42
Views: 3772

Re: Market crashes. Who causes them?

Idiots who don't know how to perform basic risk management and loose $40B in 4 days under the guise of a "Family Office" thus creating a cascading set of losses and failures of trust in several large investment banks. The lost of trust then turns into a panic and fuels a 50% market sell ca...
by retiringwhen
Sun Mar 28, 2021 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8126

Re: Retire vs resign - Is there a difference?

diabelli wrote: Sun Mar 28, 2021 8:57 pm I think you get the farewell party if you retire
:beer
In the days of COVID, who's coming to my house? :annoyed
by retiringwhen
Sun Mar 28, 2021 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8126

Re: Retire vs resign - Is there a difference?

Where I work (whatever $16B tech brings me), if I leave the company in any way, all unvested RSUs go to zero. Doesn't matter if I retire, quit or just stop showing up for work. Sounds a bit unreasonable. I can't imagine they don't have a way for 70 year old employees to leave with benefits as part ...
by retiringwhen
Sat Mar 27, 2021 8:01 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 209
Views: 32321

Re: Google sheets not pulling stock prices

Hydromod wrote: Sat Mar 27, 2021 7:58 am That's a big improvement.

After I posted, I was having issues with the number of digits fluctuating and did a regexprep to extract just the number part, but your solution is much cleaner.
Nothing like peer reviews for code quality :sharebeer
by retiringwhen
Sat Mar 27, 2021 6:58 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 209
Views: 32321

Re: Google sheets not pulling stock prices

Sorry for the delay, here it is: Tickers Share Price Sample | GoogleSheets See the "Read Me" tab for explanations. What makes this spreadsheet interesting is that it pulls prices from three different services, and takes what it can get. I find that my sheet almost always works now because...
by retiringwhen
Sat Mar 27, 2021 6:33 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 209
Views: 32321

Re: Google sheets not pulling stock prices

I like the bigcharts scrape, because I pull TIAA tickers that are hard to get and this updates soon after posting. The example below has the ticker name in cell A1. The 6 gives two decimal places, which works for most tickers. Some TIAA tickers have 4 places, and it needs an 8 instead. =VALUE(Right...
by retiringwhen
Thu Mar 25, 2021 3:04 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227724

Re: [GameStop GME trading mega-thread]

elderwise wrote: Thu Mar 25, 2021 3:02 pm GME is a penny stock? I thought Penny stocks usually have a range of 0.01 to 5 to 10$.

I am genuinely wondering.
yes, penny stocks are generally under $5, but GME is acting like one for sure.
by retiringwhen
Thu Mar 25, 2021 2:56 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227724

Re: [GameStop GME trading mega-thread]

anyone else notice that this stock is sort of mercurial? I didn't get what you meant, but it is most certainly very very entertaining and to be part of this squeeze cycle. I was thinking of bumping this thread, its up almost 50% for the day whilst every other stock & etf is mostly taking a crap...
by retiringwhen
Thu Mar 25, 2021 2:12 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227724

Re: [GameStop GME trading mega-thread]

For anyone interested in plush toys, Gamestop is selling a squeezable cat in a banana from some outer space anime series. GameStop is going to sell Beanie Babies? :D Oddly enough, my son who worked at GME for about 4 years part time said that the plush toy exclusives drove a significant portion of ...
by retiringwhen
Thu Mar 25, 2021 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10440

Re: JTWRS Nightmare - what are my options?

So I think AMG is unlike any other mutual fund for what a person can do with their online portal. I have a similar account (but on purpose and serving the desired need) at Vanguard and it has all of the same limitations, your situation is not unique to AMG. These limitations are designed to protect...
by retiringwhen
Tue Mar 23, 2021 10:48 am
Forum: Personal Consumer Issues
Topic: One time water issue in basement
Replies: 49
Views: 3501

Re: One time water issue in basement

Me again.....:).....Massive amount of snow melt this winter in the northeast. Bone dry. Last week over an inch of rain following the snow melt. Bone dry. During the snow melt and the rain I noticed one of my re-adjusted downspouts is letting a huge amount of water out. Before my readjustment this w...
by retiringwhen
Thu Mar 18, 2021 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement math/taxes - am I thinking about this correctly?
Replies: 35
Views: 4100

Re: Early retirement math/taxes - am I thinking about this correctly?

Other posters are correct that you want to balance the global picture. You can't just let your pre-tax accounts balloon because then you will be hit with RMD bombs. I second this point. I couldn't put money in Roth for many years, but after 2010 was able to, but I was living my life and not trackin...
by retiringwhen
Wed Mar 17, 2021 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Here is a case I worked on some time ago. Family patriarch starts a successful business in the 1960's. The business grows into a national manufacturer that employs a couple of hundred people. He leaves the business to the son who took over running it. The daughter, who had no day to day connection ...
by retiringwhen
Wed Mar 17, 2021 5:14 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I consider this incredibly shabby behavior (shrugging off legitimate debts of the deceased.) I would be appalled to think that my heirs would do this. That is an interesting perspective. I feel the opposite way. The idea of paying off debts that aren’t mine seems bizarre and foreign to me. They are...
by retiringwhen
Mon Mar 15, 2021 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

But one response was to get a good estate attorney. But I’d say you have no idea until you are long gone if the lawyer was any good. If the minimum score on the bar exam wasn’t good enough it wouldn’t be the minimum standard.... A commendable thing I see regularly on BH is posters doing their due d...
by retiringwhen
Mon Mar 15, 2021 7:23 am
Forum: Personal Finance (Not Investing)
Topic: How do you tell if you should be making charitable contributions to reduce taxes?
Replies: 33
Views: 3327

Re: How do you tell if you should be making charitable contributions to reduce taxes?

This concept must be tied with "should I refuse a pay raise that will put me in a high bracket" for most commonly misunderstood part of taxes. In NJ, if you are retired and take just $1 over $100,000 in total income from any source, that $1 can easily cost you $2,000 in taxes. This is bec...
by retiringwhen
Sun Mar 14, 2021 9:29 pm
Forum: Personal Investments
Topic: So ... Can Someone Talk Me Out of a (Possibly) Bad Rebalancing Plan?
Replies: 20
Views: 2276

Re: So ... Can Someone Talk Me Out of a (Possibly) Bad Rebalancing Plan?

You never mentioned, just how far out of whack are you and has it really hit a solid rebalance band? I am underweight EM right now too as last year developed markets rebounded more and faster after my March 2020 TLH. I am riding it and only fixing it with dividends, etc. IOW, if it is not a huge amo...
by retiringwhen
Sun Mar 14, 2021 9:16 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix on the Failure of the Endowment Model
Replies: 34
Views: 3980

Re: Ben Felix on the Failure of the Endowment Model

Swensen's portfolio for individuals is an asset allocation that can be implemented fully using index funds. It tilts US equities to REITs and tilts non-US equities to EM equities. It uses a bond portfolio that is a 50-50 mix of intermediate treasuries and intermediate TIPS. Swensen's allocation bet...
by retiringwhen
Sun Mar 14, 2021 6:40 am
Forum: Investing - Theory, News & General
Topic: VIGAX
Replies: 16
Views: 1394

Re: VIGAX

I am a virtual three-fund investor (I maintain a market-cap portfolio but using more funds, see below.) As part of a tax loss harvesting opportunity in late 2018, I sold all my Total Stock Market (VTSAX) in taxable and then replace it with VIGAX and VSMAX in market cap quantities and then swapped my...
by retiringwhen
Fri Mar 12, 2021 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I'm going to research this, but I was thinking more along the ideas of a the Person giving beneficiaries a % share in a LLC or Partnership which had pre-written rules on how to buy each other out, etc. Instead of saying, I bequeath my farmland to my two heirs, 50/50, what if it was, I bequeath a co...
by retiringwhen
Fri Mar 12, 2021 10:42 am
Forum: Personal Investments
Topic: Solo 401k Contribution not tax-deductible in New Jersey ?
Replies: 10
Views: 604

Re: Solo 401k Contribution not tax-deductible in New Jersey ?

Don’t know anything about NJ tax software, but in CA the starting point is the Federal income, which in your case is after deducting the 401k contribution. No further adjustments would be needed if the State treats it the same as Federal. To be clear, unlike many states, NJ taxes are calculated com...
by retiringwhen
Fri Mar 12, 2021 10:32 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 209
Views: 32321

Re: Google sheets not pulling stock prices

I am using the fact that googlefinance is down to detox from ticker watching today :beer
by retiringwhen
Thu Mar 11, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: 2021 Distributions ... When ?
Replies: 12
Views: 1343

Re: 2021 Distributions ... When ?

I have been disappointed for some time about Vanguard's failure to provide dividend declaration dates well in advance. It doesn't make any difference for those who only look at or transact on their accounts once every year or so, but some of us do care. Dale The experience of the last two years see...
by retiringwhen
Thu Mar 11, 2021 12:53 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing: adaptive bands (a new approach)
Replies: 32
Views: 9098

Re: Rebalancing: adaptive bands (a new approach)

Doc wrote: Thu Mar 11, 2021 12:49 pm Am I completely misunderstand the point of this thread?
Read the third post by siamond on this thread. the Adaptive model is a neat mathematical insight that makes the relative band approach more balanced when looking at an AA with a wide range of components from let's say 1% to 75%
by retiringwhen
Thu Mar 11, 2021 12:52 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing: adaptive bands (a new approach)
Replies: 32
Views: 9098

Re: Rebalancing: adaptive bands (a new approach)

GeraniumLover wrote: Thu Mar 11, 2021 12:34 pm Sorry to bring back this old post, but do you also rebalance annually, or only when the high/low bands are breached?
I personally use the breached policy, not annual, but of course as I DCA and or take out funds, I use those ocassions to move towards my target AA to the extent reasonable.
by retiringwhen
Thu Mar 11, 2021 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I have a friend who grew up dirt poor in a large family. His siblings experienced a wide range of success. When his dad died, the entire estate consisted of a 10 year old Buick and a pile of medical bills (the end was slow and drawn out sadly). It messed up the family bad as one son felt entitled t...
by retiringwhen
Thu Mar 11, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Yeah, that's one advantage of growing up poor - there is no threat of money dividing the family. You learn as a kid that your job is to move out, earn a living, and don't expect any financial help from your parents. When the time comes, it's also your job to take care of your aging parents, togethe...
by retiringwhen
Thu Mar 11, 2021 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Hanover vs NJM Homeowners Insurance
Replies: 4
Views: 354

Re: Hanover vs NJM Homeowners Insurance

I have been a 35 year NJM customer/member/owner (they are mutual) and can heartily recommend them. That is all I can say. They have never given me issues with claims, their rates are stable and very competitive and they finally got a decent website about 2 years ago so much of self-service is doable...
by retiringwhen
Wed Mar 10, 2021 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 405
Views: 46014

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Family story. Uncle took his son out of his will because he had not seen his son or talked to his son for several years. Uncle dies, his daughter is executor of the estate. Son sues estate for 1/2. The case is mired in depositions and court for a few years. Son is awarded 1/2 of estate despite the ...
by retiringwhen
Wed Mar 10, 2021 10:53 am
Forum: Investing - Theory, News & General
Topic: Charlie Munger on Gurus
Replies: 7
Views: 1908

Re: Charlie Munger on Gurus

Action: Save this link and make this video available to anyone you know who ever asks:
Hey have you heard of _______? Do you think their system is worth it?
by retiringwhen
Tue Mar 09, 2021 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing a relative's car for two months
Replies: 49
Views: 3037

Re: Borrowing a relative's car for two months

I just don't see how an insurance company can be that specific on # of days. There is a question on most policy renewal questionnaires about where the car is garaged. If it is garaged somewhere else for any period of time you can run afoul, not saying you will, but you might. See my real-world exam...
by retiringwhen
Tue Mar 09, 2021 1:37 pm
Forum: Personal Consumer Issues
Topic: Becoming a Plumber
Replies: 72
Views: 7127

Re: Becoming a Plumber

... real talent comes into play with new construction with drainage/venting. Once the pipes are in, there's really no reason that anyone with any set of diy skills cant do plumbing on their own. See my post above, the vast majority of the population doesn't even have the basic tools, skills or moti...
by retiringwhen
Tue Mar 09, 2021 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing a relative's car for two months
Replies: 49
Views: 3037

Re: Borrowing a relative's car for two months

The question is how will anyone know that he's had the vehicle for two months? We're talking about borrowing his parent's truck, not some friend or co-worker. If it makes him feel better, he could borrow it for a week or two, and then return it and pick it up a couple of days later (to be legally c...
by retiringwhen
Tue Mar 09, 2021 11:52 am
Forum: Personal Consumer Issues
Topic: Becoming a Plumber
Replies: 72
Views: 7127

Re: Becoming a Plumber

Also when you are a tradesperson, you have to compete with DIYs and handypersons. I don't believe that pilots have that issue. I often hear on this forum that plumbing, carpentry, roofing, electrical work etc. are "easy and anyone can do it." This can be insulting to tradespeople in my op...
by retiringwhen
Mon Mar 08, 2021 8:59 pm
Forum: Personal Consumer Issues
Topic: Becoming a Plumber
Replies: 72
Views: 7127

Re: Becoming a Plumber

I also have a friend who was in the dental lab business that switched to plumbing in his 40s and is really enjoying it, but he is finding it late to get through the hoops to be licensed, so his long-term upside is limited, but it is a profession that won't get outsourced overseas like his previous c...
by retiringwhen
Mon Mar 08, 2021 8:52 pm
Forum: Personal Consumer Issues
Topic: Becoming a Plumber
Replies: 72
Views: 7127

Re: Becoming a Plumber

I should add my goal is to have my own company. I enjoy this type of work and love being hands on, but I would like to have my own shop. Look for a 50 year old plumbing business owner that does not have an up and coming assistant to take over the business and sign on with him to learn the business ...
by retiringwhen
Mon Mar 08, 2021 8:07 pm
Forum: Personal Investments
Topic: Going to fixed investments to plan for equities correction
Replies: 12
Views: 1391

Re: Going to fixed investments to plan for equities correction

One thought is to set your fixed income allocation to match the effective needs for the rest of your life. This would entail taking an estimated life expectancy using the Social security tables along with your spending needs. Based upon that, you can then decide if 80/20 or 75/25 better matches your...