Search found 5328 matches

by SpringMan
Mon Jul 02, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 9119

Re: 1800 Commission-Free ETFs

Good deal. Now Vanguard should sweeten the deal for Flagship clients. 25 free trades, which I used only a few trades, now is not as much value. My vote would be bring back free TurboTax.
by SpringMan
Sat Jun 16, 2018 3:32 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11896

Re: Which boglehead rule do you break--and are ok with

Is "don't peek" a rule? If so, I've been a huge violator. I've always believed that for some of us, it is character building and educational to stare directly into the beast of a bear market. I was 100% equities throughout my accumulation phase (probably another "rule violation") and I survived bot...
by SpringMan
Wed May 16, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35766

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

We were in a lower bracket when we retired but once RMDs kicked in at age 70.5 that was no longer the case. I consider this a good problem to have.
by SpringMan
Wed May 16, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley on May 16th [Incorrect price quote]
Replies: 16
Views: 1753

Re: Wellesley off 3% today

Vanguard said it was incorrect and will be corrected later tonight.
by SpringMan
Wed May 16, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley on May 16th [Incorrect price quote]
Replies: 16
Views: 1753

Re: Wellington and Wellesley on May 16th

Vanguard says it is incorrect and will be updated later tonight.
by SpringMan
Wed May 16, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley on May 16th [Incorrect price quote]
Replies: 16
Views: 1753

Re: Wellesley off 3% today

My worse performing fund today VWIAX. VWENX was my second worse performing fund. No distribution is due until June.
by SpringMan
Wed May 16, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley on May 16th [Incorrect price quote]
Replies: 16
Views: 1753

Wellington and Wellesley on May 16th

My first thought was a dividend was paid but that does not appear to be the case. Wellesley is down almost 3% today. Wellington is down over 1.5%. Any explanations?
by SpringMan
Sun May 06, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Too much overlap: VTSAX, VIMAX, VSMAX
Replies: 9
Views: 1235

Re: Too much overlap: VTSAX, VIMAX, VSMAX

Small caps have historically done better so why not overweight them? I believe It is cheaper and more tax efficient to use cap weighted index funds to do so rather than buying an equal weighted fund. I stick to blend and don't overweight value though. The chart of VSMAX (small cap) and VSIAX (small ...
by SpringMan
Sun May 06, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 45
Views: 3595

Re: Long term care insurance

We don't have LTC insurance, and our plan was to die quickly after maybe a few days in the hospital. Didn't work out that way. DW had a massive stroke 13 months ago. I had the foolish notion I'd take her home and care for her myself after a few weeks in rehab. That didn't work out that way eiter. N...
by SpringMan
Tue Apr 10, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5973

Re: Retirees: Who's increasing their equities as they age?

Our 40/60 portfolio has gradually been shifting towards 50/50 because we take RMDs from bonds and invest it in Tax Managed Small Cap fund in our taxable account.
by SpringMan
Tue Apr 03, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Index Admiral Shares or ETF's??
Replies: 20
Views: 1230

Re: Index Admiral Shares or ETF's??

Generally I prefer mutual funds but there are good reasons for ETFs. Many Vanguard sector specific index funds have 100K minimums for admiral shares, their ETF shares can be purchased in any integer share amount. REITs are the exception with 10K minimums for admiral class. Perhaps another case for u...
by SpringMan
Tue Apr 03, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Microsoft tech support scam - how to recover?
Replies: 39
Views: 5047

Re: Microsoft tech support scam - how to recover?

Of course these scammers are not really Microsoft, they usually say they are with Windows technical support implying Microsoft. I tell them how strange this is since I am using a Mac at which time they hangup. They often direct users to the event manager which normally has some errors. They often ca...
by SpringMan
Tue Mar 27, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6823

Re: Concerns with Vanguard

What was the computer glitch this morning? I had a Vanguard computer glitch this morning too, 3/27/2018. Maybe the OP's was different. Yesterday I bought a fund in our joint taxable account with what was in our settlement. The money in the settlement account was from an RMD that showed up from a sa...
by SpringMan
Tue Mar 27, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell Wellington Fund Today?
Replies: 30
Views: 4205

Re: Should I sell Wellington Fund Today?

Also Wellington fund admiral just raised their expense ratio by a whopping one basis point from .16% to .17% :o .
by SpringMan
Sun Mar 11, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Take MY RMD Now Or Wait Until Later In The Year?
Replies: 20
Views: 1775

Re: Should I Take MY RMD Now Or Wait Until Later In The Year?

I am taking my RMDs in quarterly installments and having tax withholding deducted from each. I was surprised by the way VBS handles state of MI. withholding. I put in 3% in the field and executed the transaction. They took out 4.5%. Why doesn't VBS validate the field upon data entry if it is not acc...
by SpringMan
Sun Mar 11, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block vs TurboTax (spoiler: HRB is awful)
Replies: 70
Views: 7016

Re: H&R Block vs TurboTax (spoiler: HRB is awful)

Speaking of playing little games, TurboTax is guilty of that too in my opinion. I got fooled a few years ago. Here is what to watch out for with the TT Deluxe package. When filing the state using efile, don't let them pay for the efile with money from your refund. There is an extra fee for this on t...
by SpringMan
Sun Mar 04, 2018 5:00 am
Forum: Investing - Help with Personal Investments
Topic: Finally get it, Step 2 - Get rid of FA at Fidelity?
Replies: 65
Views: 4888

Re: Finally get it, Step 2 - Get rid of FA at Fidelity?

Financial advisors paid according to assets under management, AUM, may not give objective advise. Bad advise may benefit them. Questions on taking a pension or a lump sum settlement when the lump sum goes to AUM. Similarly true for any lump sum windfall. If asked should I pay down a mortgage or inve...
by SpringMan
Thu Mar 01, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: How can two mutual funds have the same symbol?
Replies: 1
Views: 410

How can two mutual funds have the same symbol?

I noticed yahoo finance recognizes VEGBX, Vanguard Emerging Markets Bond fund admiral, as Van Kampen Equity Growth B. with same symbol? By the way, Morningstar finally has added VEGBX to its database as the Vanguard Emerging Markets Bond fund.
by SpringMan
Mon Feb 19, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Understanding an ETF by it's Name
Replies: 24
Views: 976

Re: Understanding an ETF by it's Name

How about the Wellington and Wellesely funds? Those names don't seem to mean much at all. (Disclaimer: haven't invested in them.) They are not ETFs. Those are fine - as you said they don't mean anything. If you want to know what it means you need to crack open the prospectus. The SEC is more worrie...
by SpringMan
Mon Feb 19, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Downloading VG Brokerage to TT
Replies: 6
Views: 377

Re: Downloading VG Brokerage to TT

I had this problem shortly after VBS posted the 1099 form on the web. I just assumed I was too early and entered the information manually. Warning, I imported my Fidelity by downloading into TT. It was successful but had me as the sole owner of a joint account. This was easy to fix manually.
by SpringMan
Mon Feb 19, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: Understanding an ETF by it's Name
Replies: 24
Views: 976

Re: Understanding an ETF by it's Name

randomizer wrote:
Mon Feb 19, 2018 3:36 pm
How about the Wellington and Wellesely funds? Those names don't seem to mean much at all. (Disclaimer: haven't invested in them.)
They are not ETFs.
by SpringMan
Mon Feb 19, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Best Investment Options with Zero Earned Income
Replies: 16
Views: 1145

Re: Best Investment Options with Zero Earned Income

Any chance you have a working spouse? If so that opens up IRA possibilities for a spousal IRA contribution for yourself. This could be a Roth or traditional your choice.
by SpringMan
Sun Feb 18, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10562

Re: Do you wear a wedding band?

Not currently, my fingers out grew my 1970 era wedding band. Ditto for my college ring which I bought in 1969. Ditto for my wife too. She had hers made bigger but due to arthritis in her knuckles she can't wear them. We are both okay with no rings, been married over 47 years.
by SpringMan
Thu Feb 08, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Converting Vanguard ETFs to Admiral Shares Workaround
Replies: 15
Views: 1236

Re: Converting Vanguard ETFs to Admiral Shares Workaround

There is not anyway to avoid a taxable event going from ETFs to mutual funds assuming the holdings are in a taxable account. There is no such thing as an ETF to mutual fund conversion. Going the other direction for many Vanguard index funds (but not all) a conversion is possible and it is not a taxa...
by SpringMan
Fri Feb 02, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 23
Views: 3383

Re: Emerging Market Bond Fund Choice

My VEGBX dividend just showed up too.
by SpringMan
Thu Feb 01, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 23
Views: 3383

Re: Emerging Market Bond Fund Choice

I bought VEGBX last week in a Roth. Our stock/bond target needed to be rebalanced due to the recent equity run up. Morningstar does not recognize VEGBX (admiral shares) but does recognize VEMBX (investor shares). They have been notified, in the meantime I use VEMBX for portfolio xray purposes. Spri...
by SpringMan
Sat Jan 27, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: VSMGX compared to VBIAX
Replies: 3
Views: 784

Re: VSMGX compared to VBIAX

I like VBIAX slightly better of the two but Wellington fund is my personal choice for a Vanguard moderate balanced fund. These funds are best held in a tax advantaged account or if in a low tax bracket, otherwise there is a Tax Managed Balanced fund that is very good.
by SpringMan
Wed Jan 24, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 111
Views: 9421

Re: Post Your Morningstar Box Style

In retirement since 2004.

39% Stocks (28% international, 72% domestic)
21 20 24
8 9 9
3 3 2

61% Bonds (primarily domestic VBTLX, with some emerging markets, VEGBX, and some PIMIX, PIMCO Income)
0 35 0
0 22 0
12 0 0
by SpringMan
Tue Jan 23, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 69
Views: 6312

Re: What did you do with your first RMD withdrawal money?

After being fully retired for several years I decided to take a part time job with a food catering company to keep myself occupied. That qualifies me for a Roth IRA so part of my RMD pays state and federal taxes, part into a Roth and the rest into Vanguard personal account . Not your situation but ...
by SpringMan
Tue Jan 23, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Recommendation
Replies: 9
Views: 905

Re: Vanguard Advisor Recommendation

If you go with a single fund solution, consider you may not need VPAS anymore.
by SpringMan
Sun Jan 21, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 2365

Re: Medical Appointment Cancellation Policies/Fees

I had an appointment with my primary care doctor and found out at the last minute my wife had accidentally taken off with my car keys as well as her own. I called his office, explained the situation and rescheduled. There was no charge even though there is a sign displayed in his office about fees f...
by SpringMan
Sun Jan 21, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs CD/download
Replies: 11
Views: 1661

Re: Turbotax Online vs CD/download

I bought the TT Deluxe CD with one state form for $40. My CD reader on my old desktop stopped working so I looked at the download version. The CD version was $40 and the download version was $50 on Amazon which makes no sense to me. I bought a $20 external USB optical drive and the TT disk loaded fi...
by SpringMan
Sat Jan 13, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?
Replies: 7
Views: 644

Re: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?

Nothing wrong with this fund but cheaper Vanguard equivalents are available. I am a Michigan resident and have considered FMHTX, Fidelity Michigan Municipal Income fund, with ER of .49% because Vanguard does not offer a Michigan state specific fund. Have not pulled the trigger yet.
by SpringMan
Fri Jan 12, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Looking for Best Alternatives for VTMFX
Replies: 7
Views: 921

Re: Looking for Best Alternatives for VTMFX

No but maybe by doing so you could hold all your bond allocation in your IRAs and not bother with tax exempts in you taxable account.
by SpringMan
Fri Jan 12, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Looking for Best Alternatives for VTMFX
Replies: 7
Views: 921

Re: Looking for Best Alternatives for VTMFX

The alternative is two funds instead of one with 50% in each. If Emerald City is in a state with an income tax, consider a state specific municipal bond fund for that state. Stock fund could be total stock market. Doing two funds may give you more tax loss harvesting possibilities. Also consider an ...
by SpringMan
Sun Jan 07, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 23
Views: 3383

Re: Emerging Market Bond Fund Choice

I bought VEGBX last week in a Roth. Our stock/bond target needed to be rebalanced due to the recent equity run up. Morningstar does not recognize VEGBX (admiral shares) but does recognize VEMBX (investor shares). They have been notified, in the meantime I use VEMBX for portfolio xray purposes.
by SpringMan
Thu Dec 28, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: S&P500 Indexing stay away? - does article make valid points?
Replies: 18
Views: 3083

Re: S&P500 Indexing stay away? - does article make valid points?

They are talking about ETFs which they say are untested. I do remember the "flash crash" which miss-priced many ETFs. I owned VG Large Cap index fund, VLACX, which has ETF share class VV. VV went nuts during the trading day but the mutual fund VLCAX was fine at the end of the day. Regarding FAANG st...
by SpringMan
Wed Dec 20, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Milestone
Replies: 5
Views: 597

Re: Milestone

If you have been investing for a long time it certainly is possible to make seven figures in earnings. The rule of 72 says divide the rate of return into 72 and that is how long it takes money to double.
by SpringMan
Wed Dec 20, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Milestone
Replies: 5
Views: 597

Re: Milestone

Congrats but my guess is you don't mean total gains of $1M but rather account value which includes original cost basis plus gains/losses.
by SpringMan
Tue Dec 19, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: adding mid cap and REIT to VTSAX - wise ?
Replies: 5
Views: 663

Re: adding mid cap and REIT to VTSAX - wise ?

Small caps over time returned a couple percent more than large caps albeit with more risk. Mid caps over time return somewhere in between. I would not say tilting is wise but nothing wrong with it. Personal preference as nothing wrong with simple either. Only use a tax advantaged account for REITs i...
by SpringMan
Tue Dec 19, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Second Opinions on my Current Allocation 21y.o.
Replies: 10
Views: 1531

Re: Second Opinions on my Current Allocation 21M

Suggestion would be that the OP edit the title of their post if they really don't have an allocation of 21 M. I was a bit curious how a child of poor alcoholic parents inherited 21 million.
by SpringMan
Sun Dec 17, 2017 8:25 pm
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3168

Re: Do you have bonds in Roths as a retiree?

Our tax deferred accounts are all bond funds. Our taxable accounts are all index stock funds both domestic and foreign. Our Roths contain some bonds too, Wellesley income for example. Overall we are 60/40, bonds to stocks (age-10 in bonds).
by SpringMan
Wed Dec 13, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: Is Nationwide a good company?
Replies: 10
Views: 1584

Re: Is Nationwide a good company?

Nationwide is on your side. Was there ever a better sign that a company is not, if fact "on your side"? https://www.aol.com/article/news/2017/11/21/elderly-couple-suing-police-nationwide-insurance-after-hibiscus-gets-mistaken-for-marijuana-growing-operation/23284583/ Nationwide was not on their side.
by SpringMan
Sun Dec 10, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15563

Re: Why is Vanguard switching all accounts to brokerage accounts?

Seems like converting an IRA to a Roth now requires using the MM settlement account rather than in-kind conversion at VBS. Try to verify this. I just tested an exchange of shares in a Vg fund from taxable to ROTH and it appeared it was allowed. (I didn't actually submit the trade request.) I verifi...
by SpringMan
Sun Dec 10, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Recommendation Best fund for retirees in taxable
Replies: 20
Views: 971

Re: Recommendation Best fund for retirees in taxable

Vanguard's Tax Managed Balanced fund, VTMFX, is 50% US stocks and 50% tax exempt bonds might fit. The down side of not holding pure stock funds or pure TE bond funds in a taxable account is you may lose tax loss harvesting possibilities and more difficulty rebalancing.
by SpringMan
Sun Dec 10, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Dividends ETF
Replies: 7
Views: 783

Re: Dividends ETF

Almost all ETFs pay dividends, so if you mean the dividend-paying Total US Stock Market index ETF like VTI or ITOT or the Total International Stock Market Index ETF like VXUS or ACWX, then Yes! It is very wise to have such ETFs in your taxable account if they will not fit into your Roth IRA or your...
by SpringMan
Sun Dec 10, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15563

Re: Why is Vanguard switching all accounts to brokerage accounts?

You lose some options when going to a VG Brokerage account but you gain some too. I never cared for the multiple accounts web presentation when you hold ETFs (even Vanguard's free to trade ones). I always preferred Fidelity's presentation. I was happy to convert to VG Brokerage. In doing the convers...
by SpringMan
Sat Dec 09, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 69
Views: 6312

Re: What did you do with your first RMD withdrawal money?

After being fully retired for several years I decided to take a part time job with a food catering company to keep myself occupied. That qualifies me for a Roth IRA so part of my RMD pays state and federal taxes, part into a Roth and the rest into Vanguard personal account . Not your situation but ...
by SpringMan
Fri Dec 08, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 69
Views: 6312

Re: What did you do with your first RMD withdrawal money?

Our first RMD was this year. It was my spouse's. Next year we both have RMDs. Mine is almost 4 times hers. Federal taxes were withheld and the remainder reinvested in a joint taxable account. Coincidentally we made an equal contribution to our grandkids college plans
by SpringMan
Sat Nov 11, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 10886

Re: Retirees: I got this!!

I don't feel comfortable if long term care is in our future. Do not have LTC insurance because of negatives I have heard. There is risk associated with self insuring. I think this is a concern for those even with insurance. Mad Money's host Jim Cramer claimed it cost him more in lawyer's fees than t...