Search found 3810 matches

by JBTX
Wed Sep 19, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: any opinions of this fund? Vanguard Dividend Growth (VDIGX)
Replies: 13
Views: 656

Re: any opinions of this fund? Vanguard Dividend Growth (VDIGX)

...It's important to note that the Dividend Growth strategy didn't begin until some time in the early 2000's. This was the Vanguard Utilities Fund before that... :oops: Oops. Effective December 6, 2002, the fund changed its investment objective and concentration policy. Prior to making these modifi...
by JBTX
Tue Sep 18, 2018 10:16 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller interview: "Market could get a lot higher"
Replies: 13
Views: 2389

Re: Robert Shiller interview: "Market could get a lot higher"

I actually view this as a negative. The biggest danger is when EVERYBODY thinks it will go up. Now you have people like Shiller say it could go higher, and for a while Jeremy Grantham has said he expects a "meltup" before in goes down. So even the people who think it is overvalued think it is going ...
by JBTX
Tue Sep 18, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: New York Times--NYTimes: Freezing Credit Will Now Be Free. Here’s Why You Should Go for It.
Replies: 23
Views: 3509

Re: New York Times--NYTimes: Freezing Credit Will Now Be Free. Here’s Why You Should Go for It.

How easy is it to unfreeze it? I like to play the new credit card game to get bonus miles Unfreezing is simple. Probably too simple as GCD alluded to. When you freeze (which can often be done online, but not always) you receive a PIN for unfreezing. Obviously keep the PIN safe. When you need to unf...
by JBTX
Tue Sep 18, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bank is the Devil
Replies: 35
Views: 4189

Re: Chase Bank is the Devil

We own a small business and have the Chase Ink Business Preferred Visa card. We import our CC transactions into QuickBooks twice a week with the QB Direct Connect feature. Early last week, the import transactions feature stopped working. We called Chase today (a week later) and expressed our concer...
by JBTX
Tue Sep 18, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bank is the Devil
Replies: 35
Views: 4189

Re: Chase Bank is the Devil

We own a small business and have the Chase Ink Business Preferred Visa card. We import our CC transactions into QuickBooks twice a week with the QB Direct Connect feature. Early last week, the import transactions feature stopped working. We called Chase today (a week later) and expressed our concer...
by JBTX
Tue Sep 18, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Nytimes.com subscription price testing?
Replies: 9
Views: 748

Re: Nytimes.com subscription price testing?

You can gain access to nytimes articles simply by clearing your browsing history after about 5 articles, or using a privacy mode on browser. It is a bit of a pain.
by JBTX
Tue Sep 18, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6586

Re: How real is cyber risk?

One of those conveniences being banking by phone. It's really quick and easy to do many things this way but the biggest for me is depositing checks. Check depositing via mobile is not necessarily a bad thing however. I would just ensure if using your mobile fancy thinking device for banking, you en...
by JBTX
Tue Sep 18, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6586

Re: How real is cyber risk?

I have read only about half of this thread, so I apologize if someone has already mentioned this. With regard to Vanguard's implementation of Yubikey as a second factor, I agree that the use of an SMS text message as a backup is a poor decision on their part. The National Institute of Standards and...
by JBTX
Tue Sep 18, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: small group health insurance?
Replies: 2
Views: 210

Re: small group health insurance?

Has anyone had experience choosing and setting up a small group health insurance policy? I am looking into doing that for my 5-employee business and would appreciate any insight. You typically would go through a broker who specializes in such things. http://guides.wsj.com/small-business/hiring-and-...
by JBTX
Tue Sep 18, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6586

Re: How real is cyber risk?

The other day I received an email with a Bank of America logo, saying account will be locked because of missing or incorrect information, and I should contact customer service, or click onto a link in the email and sign in. It was really well designed, and I am sure others will probably fall for it.
by JBTX
Tue Sep 18, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 4
Views: 288

Re: Coverdell ESA Asset Allocation

What choices are available? Are there any "target date" glide path style funds?
by JBTX
Mon Sep 17, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Whole Life vs Universal Life Insurance
Replies: 24
Views: 939

Re: Whole Life vs Universal Life Insurance

Kudos for deciding not too. I recently looked at some whole and universal life products quoted to a friend and the real returns were awful. Something like 2.5-3.5%. And your cash value takes years before it starts to accumulate - primary because that accumulation is going towards payment of sales co...
by JBTX
Sun Sep 16, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 42
Views: 5361

Re: Thinking of Retiring at 52, Please Critique Plan

Overall mathematically early retirement is very achievable for you. But I'm kind of conservative about throwing the towel in too early because the future is very uncertain. If the market dropped 50% would you still be comfortable with your situation? If he really hates his job you have the flexibili...
by JBTX
Sun Sep 16, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5300

Re: Employer won't Match 401k. Why?

I am responsible for the 401K plan at a 50ish employee company. When I came onboard, we had a 401K with high fees but "no cost" to the employer. A few years ago, we switched to a 401K plan using Vanguard (actually Ascensus, which is also a hassle. Employers with less than $20M in assets can't work ...
by JBTX
Sun Sep 16, 2018 12:53 am
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5300

Re: Employer won't Match 401k. Why?

As to post tax, it is an additional administrative burden, requires additional testing and may throw your plan out of balance if only highly compensated employees participate. Can you tell me more about what you mean here? What additional testing? What do you mean "out of balance?" And why does it ...
by JBTX
Sat Sep 15, 2018 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Am I saving enough in kids 529 plan?
Replies: 10
Views: 1234

Re: Am I saving enough in kids 529 plan?

I'd make sure all retirement opportunities are fully funded first, plus enough assets in taxable accounts to cover an emergency fund and a reasonable amount of liquidity. Only after that would I aggressively fund a 529. I shot for funding about 50% of my kids college educational in 529s and ESAs. It...
by JBTX
Sat Sep 15, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8065

Re: Considering Quitting Job - Seeking Advice. Would you do it?

When I started reading your post, my thought was walking away from those benefits with 2 kids with various issues is a heavy price to pay for a hankering to work for a small company, which you ultimately may not like. However when I read you are basically working all waking hours, that is something ...
by JBTX
Sat Sep 15, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3826

Re: The Boglehead is anti-entrepreneur?

I would say it is more likely the opposite is true - an entrepreneur has no patience of piddling and plodding for 30+ years and then living a frugal lifestyle by spending 3-4% of your savings and then you die. That seems utterly ridiculous to some of them. Very few entrepreneurs are looking to get ...
by JBTX
Sat Sep 15, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5300

Re: Employer won't Match 401k. Why?

A 401K can legally have up to $55.5K put into it per year. That's $18.5K pretax from the employee, up to 100% pretax match from employer, and additional 18.5K post tax from employee "if your plan allows." First, please correct me if I got any part of that wrong. Second, who decides and how is it de...
by JBTX
Sat Sep 15, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3826

Re: The Boglehead is anti-entrepreneur?

I would say it is more likely the opposite is true - an entrepreneur has no patience of piddling and plodding for 30+ years and then living a frugal lifestyle by spending 3-4% of your savings and then you die. That seems utterly ridiculous to some of them.
by JBTX
Sat Sep 15, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on American Funds
Replies: 28
Views: 1821

Re: Opinions on American Funds

American funds have very good very long term track records and tended to outperform their competitors. However if you look at the last 10 years and 15 years they have tracked very close to index funds and have lagged comparable index funds slightly. They have generally beat most comparable active fu...
by JBTX
Sat Sep 15, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 38
Views: 4810

Re: 401k money missing

Any updates on this? I got the reports of my 401k for all my years with the company. Over $10,000 is missing. About $1,500 from previous years and $8,500 from 2018. I’ve changed my contributions to $0 and will forgoe the employer match that I’m not getting in the first place. I have a Solo 401k in ...
by JBTX
Fri Sep 14, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Take your canes out in Emerging Markets
Replies: 33
Views: 5404

Re: Take your canes out in Emerging Markets

The valuations are reaching stupidly low levels again for EM value, but 1, I have large capital gains in them so I’m not going to sell and 2, I’m not going to catch a falling knife needlessly to buy more beyond the current auto 401k purchases The Economist "The contrarian case for emerging markets"...
by JBTX
Fri Sep 14, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3696

Re: Is home alarm monitoring worth it?

There is some potential value there but not enough to stop me from canceling the service decades ago. You may get a small homeowner insurance break.

Something like 95% are false alarms.

I do think a monitored fire alarm may be worthwhile.
by JBTX
Fri Sep 14, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6450

Re: Lower Return Decade Says Jack: Thoughts?

We have been at this level of cape10 3 times in the past, give or take. All 3 times the next 10 years were either negative or very low single digits. It took a long time to recover after 1929. 10 years after 2000 crash was probably negative. 10 years after 2006/2007 was probably about flat. 18 year...
by JBTX
Fri Sep 14, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3058

Re: Pay off 3.125% 152k mortgage early?

I would not pay off a 3.125% mortgage. We have a 3.25% mortgage and prefer to have the additional liquidity and invest part of it. Keep the rest in ibonds, cds, money markets etc.

If you really have the urge to pay it off perhaps pay off so thing like $250 additional per month.
by JBTX
Fri Sep 14, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 42
Views: 4208

Re: Commodities have never been cheaper - time to buy?

Seems to me that commodities would be best looked at as an inflation hedge vs a growth investment (and a volatile and imperfect hedge). The spot price is simply a price of a material, and one would expect that all else equal, they are subject to the same inflation as other goods. Of course, technolo...
by JBTX
Fri Sep 14, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6450

Re: Lower Return Decade Says Jack: Thoughts?

We have been at this level of cape10 3 times in the past, give or take. All 3 times the next 10 years were either negative or very low single digits. It took a long time to recover after 1929. 10 years after 2000 crash was probably negative. 10 years after 2006/2007 was probably about flat. 18 year...
by JBTX
Thu Sep 13, 2018 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6450

Re: Lower Return Decade Says Jack: Thoughts?

We have been at this level of cape10 3 times in the past, give or take. All 3 times the next 10 years were either negative or very low single digits. It took a long time to recover after 1929. 10 years after 2000 crash was probably negative. 10 years after 2006/2007 was probably about flat. 18 years...
by JBTX
Thu Sep 13, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Need retirement/investment advice existing + future
Replies: 1
Views: 192

Re: Need retirement/investment advice existing + future

Initial disclaimer: I am an expat from the US working in the UK until June 2020. I have been based in the UK since January 2016. And disclaimer from me, I have no knowledgeable of any tax or regulatory impacts of investing as an expat. Emergency funds: Yes, at least 6 month Debt: student loans - $2...
by JBTX
Thu Sep 13, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 42
Views: 4208

Re: Commodities have never been cheaper - time to buy?

I have about 20% of my portfolio in funds invested in the stocks of commodities producers. I was persuaded by the writings of Bill Bernstein and GMO regarding commodities that if I was going to invest in commodities to avoid commodities futures a nd stick with c ommodity producing companies , as ba...
by JBTX
Thu Sep 13, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 111
Views: 7229

Re: Argument for taking social security before 70. Comments?

For most Bogleheads, their life expectancy (at age 50) is likely significantly longer than the median. The top 10% lives about 4-5 years longer than the median wealth, and almost 15 years longer than the poorest. https://www.nytimes.com/2016/02/13/health/disparity-in-life-spans-of-the-rich-and-the-p...
by JBTX
Thu Sep 13, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 52
Views: 4684

Re: Ray Dalio’s latest fearmongering round

I largely agree with azanon. Dalio is a really bright guy and has a keen understanding of macro economics. I think the issues he articulates are real risks. That doesn't mean I think it necessarily will play out like he describes, but it might, and one should be prepared for such scenarios. Understa...
by JBTX
Thu Sep 13, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 10790

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

Having some liquidity and decent retirement savings and approaching FI has definitely reduced my motivation or desire to climb the corporate ladder.
by JBTX
Thu Sep 13, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2143

Re: How to stay the course when you “think” you can outsmart the market

- while I've really never acted on them, occasionally I'll have these hunches, and over the years typically they don't play out like one would have thought. - In terms of modest speculative changes in asset allocation, my success has been mixed. Some good calls, some not so good. I can't say I am be...
by JBTX
Thu Sep 13, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions when we will be in 22% bracket for indefinite future
Replies: 16
Views: 1789

Re: Roth conversions when we will be in 22% bracket for indefinite future

Once you start drawing social security your marginal rate can increase as a major portion of social security becomes taxable. Plus looking down the road there is always the possibility that tax rates will revert to prior levels, as they are scheduled to do by law in 2026.
by JBTX
Wed Sep 12, 2018 1:11 am
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5035

Re: Advice on how to deal with barking dogs

I've had a couple of neighbors with barking dogs. I've found this pretty effective. Take a large plastic container, maybe a liquor or juice container. Put about a dozen pennies in it. When dogs are barking go outside and loudly shake it. This will probably agitate the dogs further. Keep doing it, th...
by JBTX
Tue Sep 11, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 1099 (Schedule C) taxes
Replies: 4
Views: 413

Re: Help with 1099 (Schedule C) taxes

Hi all, I'm a physician who has always had W2 income. This year, I'm going to have a little bit of side income as a self proprietor. I know I'm supposed to pay quarterly estimated taxes on this income, but I'm a little bit confused on how to do so and I have a couple questions. A little about me: T...
by JBTX
Tue Sep 11, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Best bonds securities for Taxable account
Replies: 14
Views: 1838

Re: Best bonds securities for Taxable account

Currently, I have following allocation in my Taxable account: 90% - Vanguard Total Stock Market Index Fund (Admiral Shares) 10% - Vanguard Total Bond Market ETF Tax bracket:22% Plan to keep this money invested for 15-20 years Basically, my questions are: 1. Should I change my allocation? 2. Is Vang...
by JBTX
Tue Sep 11, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2561

Re: Mr.No - another should I pay off my mortgage, post

No. Absolutely not. Especially if you can itemize. Paying off a 2% after tax mortgage would be nothing short of.....silly.
by JBTX
Tue Sep 11, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on Mega BackDoor Roth IRA
Replies: 14
Views: 1013

Re: Questions on Mega BackDoor Roth IRA

Does this mean that if you have a plan that allows after tax contributions, but also has pre tax and Roth options, that you can roll the after tax contribution directly into the Roth 401k? I've always assumed it has to roll/convert to an external Roth. Yes, that is what the IRR feature allows. Then...
by JBTX
Tue Sep 11, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing vs Market Weighting
Replies: 4
Views: 288

Re: Rebalancing vs Market Weighting

This is a frequently debated question in this forum. It is surprisingly complicated, and endlessly debated. You say "I've read, via Kitces and others, that among asset classes with similar returns that aren't exactly correlated, that frequent rebalancing tends to have a small positive return effect...
by JBTX
Tue Sep 11, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing vs Market Weighting
Replies: 4
Views: 288

Rebalancing vs Market Weighting

Help me work through an apparent contradiction here. I am probably missing something. I've read, via Kitces and others, that among asset classes with similar returns that aren't exactly correlated, that frequent rebalancing tends to have a small positive return effect, by effectively buying low and ...
by JBTX
Tue Sep 11, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: A case for holding international bonds
Replies: 14
Views: 1117

Re: A case for holding international bonds

I don't know how international bonds have done recently, or how Treasuries rates compare to other AAA government bonds, but looking at SEC yield is very misleading for hedged international bonds. It leaves out the hedge return. The SEC yield is calculated in the yield of the local currency, but aft...
by JBTX
Tue Sep 11, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 70
Views: 5119

Re: Amazon Prime - Value?

When it exceeds $100 it passes a mental price barrier that makes it seem expensive. Objectively, we'd pay at least $50 for free shipping, $50 for prime video and $50 for the 5% card so it still easily passes the value test for us.
by JBTX
Tue Sep 11, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 93
Views: 8421

Re: Side Hustle Options/Suggestions.

You can actually advertise small business services, such as cpas, on Thumbtack.
by JBTX
Tue Sep 11, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 20
Views: 3657

Re: I found this informative about the next possible crisis

The negativity is a little surprising. I too felt it was informative. Its helpful to know that the system is not rock solid. For an even better and more thought out presentation here is this article in the newyorker: https://www.newyorker.com/magazine/2018/09/17/the-real-cost-of-the-2008-financial-...
by JBTX
Tue Sep 11, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 20
Views: 3657

Re: I found this informative about the next possible crisis

This is actually a very reasonable and measured item in the financial press. Frankly, I was shocked by how much smaller the big banks are post Dodd-Frank and how they’ve shifted in a depository direction. That’s good information right there. The cautions of CLOs and the interactions between this ki...
by JBTX
Tue Sep 11, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: 401k Contribution Limits
Replies: 3
Views: 511

Re: 401k Contribution Limits

Yes employer contribution is included in 55k
by JBTX
Tue Sep 11, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Moved to 100% FDIC Insured Cash today (college money needed in 3 years)
Replies: 26
Views: 2189

Re: Moved to 100% FDIC Insured Cash today (college money needed in 3 years)

We just kept ours in the 529 75/25 growth fund (which used a 3-fund Vanguard fund approach) the whole time. Money is fungible and we had other funds in other accounts we could have used for college costs so we weren't worried about managing various accounts with their own asset allocations. Overall...