Search found 629 matches

by drk
Sun Jul 22, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Parking $$ for future tax payment
Replies: 11
Views: 599

Re: Parking $$ for future tax payment

With T bills, you don't have to worry about FDIC insurance because it's all backed by the same full-faith-and-credit. The last 26-week auction ended with a rate of 2.193%. There's another one happening on Monday for bills maturing January 24.
by drk
Sat Jul 21, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 13
Views: 767

Re: HSA Investment Portfolio - am I doing right?

Alright. I'll try and post my full details, likely on a new thread. As much as everyone here says its easy, every time I sit down and and deal with this I wish there was set-it-and-forget-it option. Sorry. :D Now, that said, I will go back to your original post and answer your question: Am I doing ...
by drk
Sat Jul 21, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 13
Views: 767

Re: HSA Investment Portfolio - am I doing right?

What does this mean for you? Perhaps the easiest way is to increase your bonds in your deferred accounts and hold two stock funds in your HSA: total domestic and total international. That should keep rebalancing a little easier for now. Which funds are those? SPDW (international) and SPDR (domestic...
by drk
Sat Jul 21, 2018 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Hedging Tech Salaries titled heavily in stocks
Replies: 9
Views: 641

Re: Hedging Tech Salaries titled heavily in stocks

Our companies discourage directly dealing with individual options in equity market to hedge the risk. I would study your companies' insider trading policies because I strongly doubt that it would be legal for you to hold puts outside of pre-approved trading windows. Even within those windows, ownin...
by drk
Sat Jul 21, 2018 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 13
Views: 767

Re: HSA Investment Portfolio - am I doing right?

One reason I had/have it split between different asset classes in of itself, is that its easier to set & forget. My money is otherwise split among (banks, vanguard, robo-investors). Resolving that situation will make it easier to view as a holistic part of my portfolio. Figuring out that step is ne...
by drk
Wed Jul 18, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2614

Re: Larry Swedroe: Know Your Investor Personality

JPH wrote:
Sat Jul 14, 2018 10:17 am
I'm pretty skeptical of this. How do we know that they can validly classify people into those four categories?
I share your skepticism. Much like the zodiac, I can see myself in each of these categories.
by drk
Sun Jul 15, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

Bonds I'm challenged. Willing to take riskier bond investments, but unsure where to go, and also with respect to the tax questions. The ER is high, but PIMCO Total Return ( PTTAX ) in your 401k is a good fund. Aside from that, as the refrain goes around here, take your risk on the equity side. You ...
by drk
Sun Jul 15, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

Yes, that's a completely fine approach. Glad we made it back there. As for which funds, look at the chart above and don't overthink it. Just don't put taxable bonds in a taxable account, and you'll be fine. Focus on doing well as an associate.
by drk
Sun Jul 15, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

Ok. So I’ve learned this so far (thank you, by the way): tax efficient investing is always better than not. And how you allocate assets among accounts matters. And I have lots of options to consider. Overall, my portfolio is doi alright. Now the question arises: I should always prioritize total ret...
by drk
Sun Jul 15, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

What's the disadvantage to investing in high-performing mutual funds on a short-term basis within my Roth IRA? If I can avoid fees, is it better to "actively" manage the Roth IRA (by actively, I mean on a minimum 3-month investment length basis) than simply make long-term investments? Well, around ...
by drk
Sun Jul 15, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Brokers sell ETF order flow used to trade against clients
Replies: 24
Views: 1607

Re: Brokers sell ETF order flow used to trade against clients

MOC (and the corresponding MOL limit orders) only trade on the primary exchange (on which the stock is listed), which is either NYSE or NASDAQ. This may change since CBOE has applied for permission to compete with the primary exchanges and offer MOC (but NOT MOL) orders : If approved, CBOE trading ...
by drk
Sun Jul 15, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

The tax ratios don't matter if invested in an IRA, correct? If so PTTAX is better performing. Correct. Costs still matter, but tax cost doesn't. Also, I assume you used "IRA" to refer to your 401k, but just in case: as a young person, you generally don't want to buy bonds in a Roth. A traditional 4...
by drk
Sun Jul 15, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Brokers sell ETF order flow used to trade against clients
Replies: 24
Views: 1607

Re: Brokers sell ETF order flow used to trade against clients

Fortunately mutual funds have figured out a way to avoid the HFT's, that can be used by anyone : Place all buy-sell orders as Market-On-Close orders on the primary exchange. All buy and sell orders placed as Market-On-Close orders will be traded at the close in a single auction (so all the buys and...
by drk
Sun Jul 15, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

And if I want to reallocate to 80/20, I'd have to do so in a tax efficient way with respect to my current taxable investments. Do you see that as possible? Yes, that's possible. The cash you're holding gives you a lot of flexibility. You can use it to invest, of course, but you can also use it for ...
by drk
Sun Jul 15, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Brokers sell ETF order flow used to trade against clients
Replies: 24
Views: 1607

Re: Brokers sell ETF order flow used to trade against clients

Using mutual funds instead of ETFs bypasses all of this. You buy and sell at NAV at the end of the day. Everyone gets the same price. No middlemen. Not completely. You avoid middlemen on the ETF transaction, but the mutual fund's managers still work with brokers to execute trades. From the Vanguard...
by drk
Sun Jul 15, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1410

Re: How to determine weights within portfolio

Thanks. Not sure about your reference to link, but here is a spreadsheet showing the requested info: https://drive.google.com/uc?export=download&id=1UhOVG_6IDJ4QV0H5BY_1Ihxuy2bbnWhw I see your image just fine. Maybe it's an ad-blocker issue. Note that VEA and IEMG are not complementary funds becaus...
by drk
Sun Jul 15, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

With my salary, selling would push be into the next marginal tax bracket certainly...but not nearly close enough to get to the 20% capital gains rate (not even close to $400k+)? That seems correct. Now, I should echo nasrullah's call to decide on your desired asset allocation. Don't rush to make a ...
by drk
Sun Jul 15, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1410

Re: How to determine weights within portfolio

Thanks. US is now at 43% of world (so 50% is a bit over-weighted) according to this interesting article: https://www.nasdaq.com/article/us-stock-market-is-biggest-most-expensive-in-world-but-us-economy-is-not-the-most-productive-cm942558 The allocations for Vanguard Total World Stock Market (based ...
by drk
Sun Jul 15, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Seeking advice about "defective" computer
Replies: 20
Views: 1162

Re: Seeking advice about "defective" computer

I would have Dell replace the machine. As for your concern about a second defective computer, did you make the purchase with a credit card? If so, what kind of purchase protection are you entitled to?
by drk
Sun Jul 15, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1410

Re: How to determine weights within portfolio

As you can see US and World (Ex US) are 50:50. I'm guessing that's OK. It does appear the Emerging Market at 15% is quite high? There's nothing wrong with 50/50. Plenty of Bogleheads are there. EM at 15% is a little high (a 50% tilt relative to current market cap), but it's reasonable if you intend...
by drk
Sun Jul 15, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 37
Views: 3865

Re: All-In VTSAX

Hawaiishrimp wrote:
Sun Jul 15, 2018 2:20 pm
IEMG and VEA
Starchild wrote:
Sun Jul 15, 2018 2:44 pm
IEMG and VEA
You two realize that holding IEMG and VEA doubles your exposure to South Korea, right? If you're going to slice up international funds, be sure to get complementary ones.
Starchild wrote:
Sun Jul 15, 2018 2:44 pm
just to switch to VGTSX instead.
This is a good plan and will resolve the issue.
by drk
Sun Jul 15, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

Can you delve into this further? I have had some of the index fund shares for around 2 decades. My marginal rate isn't going to be lower for many many years (if at all). What is the advantage of holding the Schwab index funds in perpetuity if I will be taxed on them regardless, when I can find more...
by drk
Sun Jul 15, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to buy a north los altos house (SF Bay Area)?
Replies: 18
Views: 1810

Re: Strategy to buy a north los altos house (SF Bay Area)?

I have these startup RSUs and I heard it’s gonna IPO in 2019 too. Sometimes these plans don't work out. Until the company can legally tell you that it's going to IPO, don't count your chickens. The bank quoted us afford 3.3million house if we sell our current one and use that as down pay. Plan 1: S...
by drk
Sun Jul 15, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

1. As background, yes, biglaw. I apparently miscalculated my tax rate, so I believe you on that (a $15,000 bonus, if I reach my hours) would get me up pretty close to 35%, no?) Ah, sure, that bonus might get you close, but you should be able to stay in the 32% bracket. Since you're young, depending...
by drk
Sun Jul 15, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 77
Views: 5244

Re: Tell me what's wrong with my strategy

I have the time to monitor the individual stocks and the appetite to learn. Also I think owning the individual stocks will give me the ability to kind of play my own momentum game with them (I think?). FWIW, this is where the plan has the potential to go off the rails. If you think these companies ...
by drk
Sun Jul 15, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1488

Re: Portfolio Analysis + 125K Cash to Invest

Salary: ~ $190,000, will increase every year. Tax Filing Status: Single Tax Rate: 35% Federal, 4.95% State How is that your marginal tax rate? With a $190k income, minus the standard deduction ($12k) and max 401k contribution ($18.5k), you're around $160k in taxable income. That's good for the 32% ...
by drk
Sun Jul 15, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 10
Views: 857

Re: BlackRock Lifepath Fund?

Ok, so should I trust this fund as I would LIHIX? Makes me just a bit nervous to drop $250k into it when it seems different but sounds like it’s pretty much the same. Speaking of LIHIX, seems it only holds 96% securities and 4% bonds which seems pretty aggressive for the average investor? I tend to...
by drk
Sun Jul 15, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Recurring investments in taxable account
Replies: 26
Views: 1892

Re: Recurring investments in taxable account

Is there a Comission free ETF at TDA that meets my needs or should I open a new account at vanguard if I want to use their fund? I know there is no free lunch, just looking for a cost effective lunch :happy Somebody mentioned SPTM in this thread, but for future reference the wiki has details on Bog...
by drk
Sat Jul 14, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 10
Views: 857

Re: BlackRock Lifepath Fund?

It's a collective investment trust version of LIHIX . That looks like a great one-fund option. Here's a bit from the policy statement that explains the top holding you noted: When deemed appropriate by BTC, the Fund may invest in futures contracts, for the purpose of acting as a temporary substitute...
by drk
Sat Jul 14, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: are you able to find what you are looking for in the wiki?
Replies: 10
Views: 293

Re: are you able to find what you are looking for in the wiki?

Another strategy in case one is really smitten with using full sentences to search: use a regular search engine and insert "site:https://www.bogleheads.org/wiki" before your query, e.g., "site:https://www.bogleheads.org/wiki when do i have to take my rmd's".
by drk
Sat Jul 14, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: are you able to find what you are looking for in the wiki?
Replies: 10
Views: 293

Re: are you able to find what you are looking for in the wiki?

Mediawiki search is keyword based, and it found no good matches for your query. If you instead searched for "RMD", you would have been taken directly to the article on RMDs. If you use keywords like that, you'll also benefit from some autosuggest in the wiki search input.
by drk
Sat Jul 14, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Rollover
Replies: 6
Views: 342

Re: IRA Rollover

Alternatively, you could ask Vanguard to transfer your assets using ACATS. Then you would not have to take possession of any money or be out of the market during the move.

Also, this is not a rollover. It's an account transfer.
by drk
Sat Jul 14, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 76
Views: 10059

Re: Six stocks make up 98% of S&P 500 gains in 2018

Indexers need to be grateful that there are investors who believe Amazon is worth 228X P/E. Interesting, however, that Walmart, one of the all-time great contributors in capital growth and dividends to the 500, never sold at anything like a valuation that high as best as I recall. I don't believe W...
by drk
Sat Jul 14, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: BlackRock Lifepath Fund?
Replies: 10
Views: 857

Re: BlackRock Lifepath Fund?

This sounds more like the Lifepath Retirement Fund. Can you share the prospectus that has details on its top holdings?
by drk
Sat Jul 14, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 889

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

KlangFool wrote:
Sat Jul 14, 2018 2:54 pm
The obvious answer is no debit card. Why debit card is necessary when a person has a credit card?
That's reasonable, too. I'm conflating debit and ATM cards, but I do need one for fee-free cash access when traveling abroad.
by drk
Sat Jul 14, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 889

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

Maybe I underestimate the convenience factor, but it seems like the obvious solution is not to use debit cards that have access to any line of credit, be it overdraft protection or a margin account.
by drk
Sat Jul 14, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1495

Re: many differences in small cap indexes

Wait. S&P 600 is not algorithm in the way that Russell 2000 is. The S&P 600 has GUIDELINES based on math, like market cap and earnings, but it 100% comes down to a group of humans sitting on a committee to decide when and how to reconstitute the index. You're right that it's a different algorithm t...
by drk
Sat Jul 14, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 197
Views: 26102

Re: How Much in Your Emergency Fund And Is It Used?

For the people with $0 emergency funds and large taxable savings, how do you handle emergency/lumpy expenses? Do you really sell taxable investments and pay capital gains every time one of them comes down the line? Or do you keep other cash accounts that are earmarked for those lumpy expenses? I ha...
by drk
Sat Jul 14, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Alignment Guidance
Replies: 8
Views: 688

Re: Portfolio Alignment Guidance

Here's a more accurate version. The SPDR Portfolio funds changed indices last October in coordination with the commission-free change at TDA.
by drk
Sat Jul 14, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Rollover
Replies: 6
Views: 342

Re: IRA Rollover

Where are you rolling the money from? What type of account, and which custodian?
by drk
Sat Jul 14, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1495

Re: many differences in small cap indexes

letsgobobby wrote:
Sat Jul 14, 2018 11:39 am
Since it’s actively managed, how does it compare to a pure index of comparable size companies, if there is such a thing?
All indexes apply rules. That's not the same as active management. An algorithm is still an algorithm whether it's applied by a human or by a computer.
by drk
Sat Jul 14, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: US:International allocation ratio
Replies: 18
Views: 1458

Re: US:International allocation ratio

The article below seems to suggest that the current market weight is 36% to 38 % US... https://seekingalpha.com/article/4058359-u-s-quickly-losing-share-world-market-cap If that is true, the vast majority of AAs in the US are home biased then... (?) I don't have access to a Bloomberg Terminal, so I...
by drk
Sat Jul 14, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1044
Views: 184791

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Just to follow-up, after the transfer completed, I gave Etrade a call. Fortuitously encountered a very helpful rep who credited my account with the transfer out fee immediately, without even requesting the Schwab statement documenting it. I'll have to give them a call. I tried via live chat while m...
by drk
Fri Jul 13, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: The value of international stocks, in pictures
Replies: 62
Views: 7402

Re: The value of international stocks, in pictures

So lets say I want to get to say 20ish percent, and I'm about 11% now. I auto invest a bunch every month as I said at 75/25 for VTSAX/VTIAX I'm always preaching nobody has a freaking clue what the market is going to do and I know this BUT considering how the US maybe a little high, certainly due fo...
by drk
Thu Jul 12, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: E*TRADE International Stock Index Funds
Replies: 4
Views: 216

Re: E*TRADE International Stock Index Funds

Are you holding this in a taxable account? If so, yes, you should consider the tax costs. IXUS is very tax-efficient. As a mutual fund, SWISX is likely to do worse in that regard. There's also the difference in index coverage. SWISX does not hold small-caps or emerging markets , whereas IXUS does. T...
by drk
Thu Jul 12, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: The value of international stocks, in pictures
Replies: 62
Views: 7402

Re: The value of international stocks, in pictures

jeffh19 wrote:
Wed Jul 11, 2018 11:36 pm
So what do all of you recommend for AA for US/international? 80/20?
This is a topic that has been endlessly discussed on the forum.
by drk
Tue Jul 10, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to Automatically Determine the US/xUS Global Market Weight of Equities?
Replies: 5
Views: 375

Re: How to Automatically Determine the US/xUS Global Market Weight of Equities?

I think the easiest solution would be to approximate the ratio using the GoogleFinance functions in Google sheets, taking advantage of the YTD total return attribute for the components of VTI (i.e. VTSAX and VTWSX) This is a clever solution. I like it. I do something similar for tracking my 401k's ...
by drk
Tue Jul 10, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: How to Automatically Determine the US/xUS Global Market Weight of Equities?
Replies: 5
Views: 375

Re: How to Automatically Determine the US/xUS Global Market Weight of Equities?

It looks like the new holdings pages are built using Angular (Ajax for templates, JSONP data to render them), so I doubt that Google Sheets would even be able to parse the content. Of course, even if it can, there isn't much in the way of a hook: <td data-ng-repeat="col in item.data track by $index"...
by drk
Mon Jul 09, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation %’s across pre-tax, roth, and taxable
Replies: 4
Views: 368

Re: Allocation %’s across pre-tax, roth, and taxable

Sorry I’m not very familiar with that Morningstar graph. Does it take into account fees too? It looks like they are all at the same spot in 2018? In other words it doesn’t look like akrex is ahead or behind they look tied Yes, that's total return, and they are all basically tied. That is, the high ...