Search found 5335 matches

by SpringMan
Thu Oct 04, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4623

Re: Vanguard Balanced Index Fund Lovers?

wrongfunds wrote:
Wed Oct 03, 2018 5:25 pm
Is there an equivalent Fidelity fund?
Yes but actively managed, FBALX (Fidelity Balanced) and FPURX (Fidelity Puritan). Vanguard's Wellington is an actively managed Vanguard equivalent.
by SpringMan
Tue Oct 02, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4736

Re: Buying a new Toyota Camry. What extra options if any?

You will have to add sales tax to get drive off prices. The combined sales tax rate for Atlanta, GA is 8.9%. This is the total of state, county and city sales tax rates. The Georgia state sales tax rate is currently 4%. The Cobb County sales tax rate is 3%. Also check out the dealerships "doc fee". ...
by SpringMan
Sun Sep 23, 2018 3:52 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3659

Re: How to get rid of rabbits

There are rodent repellent sprays that are supposed to work. The one I bought to repel chipmunks from nesting under the hood of my pickup smelled like peppermint. Of course these only work for specific spots you spray and maybe they don't work at all.
by SpringMan
Thu Sep 20, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 47
Views: 3920

Re: Equity allocation for Flagship clients?

50/50 here, coming from 40/60. It gives me comfort that Paul Merriman, whom is close in age and of whom I am a fan, is also 50/50.
by SpringMan
Wed Aug 15, 2018 3:48 am
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 5217

Re: How often do you check your brokerage accounts

Hats off to those the don't peek but that does not describe me. Remember that bad news does not get better with age.
by SpringMan
Wed Aug 08, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1386

Re: What (simple) desktop to buy

I recently bought a Dell XPS 8930 directly from Dell. Dell allows more user configuration than most third party sellers like B&H, Bestbuy, Officemax, etc. You can get the OS on a SSD and get a 1 TB or 2 TB secondary spinning drive. Mine had 8GB RAM and an I5 6 core processor, 256 MB M2 SSD and 1 TB ...
by SpringMan
Wed Jul 25, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: BND vs VBTLX vs VBMFX?
Replies: 5
Views: 836

Re: BND vs VBTLX vs VBMFX?

Yes. One reason is that you have anxiety attacks when making trades in BND, but not in VBTLX. Another reason is that you like to have your monthly dividends reinvested on the last trading day of the month and not at the end of the first week of the month. If you don't know which you like, then buy ...
by SpringMan
Mon Jul 02, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22766

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: 12834

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: 38375

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: 1867

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: 1867

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: 1867

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: 1867

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: 1444

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: 3789

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: 6436

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: 1447

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: 5826

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: 7411

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: 4393

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: 1943

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: 7473

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: 5143

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: 432

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: 1034

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: 408

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: 1034

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: 1194

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: 11635

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: 1639

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: 24
Views: 3795

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: 24
Views: 3795

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: 916

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: 10088

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: 71
Views: 7033

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: 1003

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: 2466

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: 1780

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: 700

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: 1152

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: 1152

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: 24
Views: 3795

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: 3200

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: 630

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: 630

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: 714

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: 1594

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: 3283

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: 1757

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.