Search found 110 matches

by StrangePenguin
Wed Dec 11, 2019 5:08 pm
Forum: Personal Investments
Topic: How is tax assessed on Treasury or Muni Bond Index Funds?
Replies: 4
Views: 467

Re: How is tax assessed on Treasury or Muni Bond Index Funds?

One finer point about owning funds that contain Federal debt (that includes a Treasury fund but also any fund that owns Treasuries like a Total Bond Fund) -- you have to manually enter the amount of the distributions from the fund that comes from "[Federal] Government sources". Those distributions a...
by StrangePenguin
Wed Dec 11, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1587
Views: 172643

Re: [What TV Show Have You Recently Watched?]

We have been enjoying "A French Village", which is a French-language show about the travails of a small town in France living under the Nazi occupation during WW2. (Season 1 is available on Amazon Prime. Annoyingly Prime only has some of the seasons, not all of them.) The town is situated in the occ...
by StrangePenguin
Tue Dec 10, 2019 2:22 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting at Vanguard
Replies: 29
Views: 1479

Re: Tax Gain Harvesting at Vanguard

^Note that December 24th, the market closes early, so if you do this, make sure you place order before the market closes early. Also an update on my experiment: It seems I screwed up the auto invest date by one day. So I am selling today and buying tomorrow. I'll have to repeat the experiment in a ...
by StrangePenguin
Mon Dec 09, 2019 2:49 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting at Vanguard
Replies: 29
Views: 1479

Re: Tax Gain Harvesting at Vanguard

With mutual funds, you will want to exchange into another mutual fund. VFIAX (S&P500) would be a good choice. You will be out of the market for literally no time. I suspect Vanguard will not let you re-buy VTSAX for 30 days. This has nothing to do with taxes -- it is just Vanguard's rules against fr...
by StrangePenguin
Tue Dec 03, 2019 2:07 pm
Forum: Personal Investments
Topic: SPY vs. VOO
Replies: 12
Views: 586

Re: SPY vs. VOO

Investing my first 6k into a roth and trying to decide which ETF to choose in order to most successfully track the S&P 500. From what I have read the only major difference is SPY's trading volume (I'm planning to hold this for the VERY long-term). VOO has a slightly lower expense ratio and has perf...
by StrangePenguin
Sat Nov 30, 2019 3:24 pm
Forum: Personal Investments
Topic: Fidelity value(FLCOX) vs vanguard value (VVIAX)
Replies: 15
Views: 629

Re: Fidelity value(FLCOX) vs vanguard value (VVIAX)

I'm looking to add a value component to my 401k at Fidelity What funds are offered in your employer's 401k plan? Is the Fidelity BrokerageLink available in your employer's 401k plan? Are there restrictions on what you can purchase using that feature? I have access to pretty much any fund though cer...
by StrangePenguin
Fri Nov 22, 2019 1:52 pm
Forum: Personal Investments
Topic: Effect of 27 Paychecks in 2020 to TSP
Replies: 30
Views: 2677

Re: Effect of 27 Paychecks in 2020 to TSP

Interesting. My pay is on the same schedule (first check Jan 2) and I hadn't noticed until seeing this post that next year is likely to be a "27 paycheck year". Might make some things like HSA contributions a bit weird. Thanks for pointing this out!
by StrangePenguin
Wed Nov 20, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Warning about Uber Pool billing
Replies: 24
Views: 2721

Re: Warning about Uber Pool billing

Do you mind if I ask what city? Just curious. Also, was this the "you may have to walk a few minutes" variant of Uber Pool, or the "pick you up at your exact location" version?
by StrangePenguin
Tue Nov 19, 2019 5:54 pm
Forum: Personal Investments
Topic: Am I diverse or my funds too similar?
Replies: 21
Views: 1226

Re: Am I diverse or my funds too similar?

Welcome to the forum! All of the funds you currently own are fine except for the mid-cap fund -- as you noted, the expenses are too high. Don't buy any more of it, and consider selling it. For a $4k investment, the gains probably aren't too big, and if you have owned the shares for over 1 year then ...
by StrangePenguin
Tue Nov 19, 2019 5:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2175
Views: 227476

Re: U.S. stocks continue to soar!

My 30/70 PF was *DOWN* .02% today!! :shock: OMG! OMG! What to do? :confused Well, nuts. S&P closed down just a touch today. 3,120 ain't bad, though. Bluce, I hope that your {massive} losses from yesterday didn't compound today. :moneybag Since this is the "soar" thread, I'll point out that this was...
by StrangePenguin
Sun Nov 17, 2019 5:53 pm
Forum: Investing - Theory, News & General
Topic: Help me understand iShares FLOT
Replies: 18
Views: 1193

Re: Help me understand iShares FLOT

Interesting that it is yielding slightly better than ICSH at the moment. I have some of my emergency fund parked in that.
by StrangePenguin
Sun Nov 17, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2548
Views: 473209

Re: What are you up YTD? [Year To Date]

My 30/70 PF has gained exactly 12.00% YTD. Beardstown: +12.89% YTD. BT math doesn't move the needle much anymore. Ah, to be young again and have very few assets! :sharebeer I am in a mode where I am saving more than ever before but I have only been saving a lot for a few years, so my savings each y...
by StrangePenguin
Sun Nov 17, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2175
Views: 227476

Re: U.S. stocks continue to soar!

but we can't create inflation despite all the effort? I would say the effort is to NOT "create inflation" but rather keep it in check. I think that the Fed wants some inflation because they want to avoid deflation at all costs. If they could be very confident that deflation wouldn't occur, I think ...
by StrangePenguin
Tue Nov 12, 2019 5:10 pm
Forum: Investing - Theory, News & General
Topic: Dow closing
Replies: 13
Views: 2283

Re: Dow closing

Yahoo's historical Dow Jones series only goes back to 1985. So I can't look through all of history but it has happened 17 other times since 1985 :D
by StrangePenguin
Mon Nov 11, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's active bond ratings article
Replies: 18
Views: 1480

Re: Academics accuse Morningstar of misclassifying bond funds

The FT article title is "Academics accuse Morningstar of misclassifying bond funds," but I'm not sure how much blame to assign to Morningstar and how much to the funds. Yes, to me it seems that the emphasis in the title is a bit misplaced -- it should be "bond funds are misreporting their holdings ...
by StrangePenguin
Wed Nov 06, 2019 7:42 am
Forum: Investing - Theory, News & General
Topic: Robinhood, Heading for a Trainwreck?
Replies: 41
Views: 5505

Re: Robinhood, Heading for a Trainwreck?

I have a RH account (I owned a couple hundred dollars of an ETF for a while; my only position now is $0.01 in the settlement account). Overnight, I got an email about a new account statement being ready. Note the second paragraph: Your latest account statement is now available on Robinhood. You can ...
by StrangePenguin
Mon Nov 04, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2175
Views: 227476

Re: U.S. stocks continue to soar!

Dang, I can't live without bacon. Imma headin' to the store tomorrow and stock up. Actually, there is a glut of bacon on the market. Classic by-product problem. China doesn't consume much bacon so when they import pork from the US there is a lot of surplus bacon. I don't believe this is correct. Po...
by StrangePenguin
Mon Nov 04, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2175
Views: 227476

Re: U.S. stocks continue to soar!

In the end savings rate is what matters. And taking risks. Volatility while regularly investing is an amazing thing. Buy the dips. Where are the panic sellers of a year ago? That was a sweet dip just before the Roth IRA all in for 2019. http://magaimg.net/img/9grl.jpg If only the "Christmas 2018" d...
by StrangePenguin
Sun Nov 03, 2019 10:14 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1587
Views: 172643

Re: [What TV Show Have You Recently Watched?]

I don't think Bojack Horseman has been mentioned on this thread. It is not for everyone but it wrestles in a humorous way with difficult issues like depression and substance abuse. It's now in its final season on Netflix. [of course, for it to make sense, you need to start watching from the beginnin...
by StrangePenguin
Sat Nov 02, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: 25yo financial check-in
Replies: 15
Views: 1683

Re: 25yo financial check-in

It sounds like you are doing enviably well at living below your means and saving impressive amounts of money at a young age. One thing that got my attention -- your 401k is all stocks, while you are keeping bonds in your taxable portfolio. Bond distributions are treated as income for tax purposes wh...
by StrangePenguin
Fri Nov 01, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HSA
Replies: 4
Views: 451

Re: PPO or HSA

Those are some generous plans, or at least makes what my employer offers look pretty expensive. I'm jealous. Anyway, the factor that makes the calculation complicated is that HDHPs treat all expenses equally while traditional PPO plans have office visits, prescriptions, and some other services in th...
by StrangePenguin
Thu Oct 31, 2019 4:51 pm
Forum: Investing - Theory, News & General
Topic: Mel's Unloved Mid-Caps Finally Getting Some Respect
Replies: 79
Views: 12697

Re: Mel's Unloved Mid-Caps Finally Getting Some Respect

Has anyone seen SPDR's recent marketing touting midcaps? https://us.spdrs.com/en/investment-ideas/uncover-opportunities-in-mid-caps?WT.mc_id=social__MDY_us_twtr_polaris_sep19. I remember seeing ads for MDY on the elevator video ads in the building I used to work in. I worked there until a little ov...
by StrangePenguin
Tue Oct 29, 2019 6:26 pm
Forum: Personal Investments
Topic: What to do with bond ETFs
Replies: 11
Views: 1162

Re: What to do with bond ETFs

I am a newbie in investing trying to start small. last year I invested 30k in ETFs mainly Canadian and US ETFs that invest in bonds. lately, I started reading about liquidity in bond ETFs. I started to realize that many of the bond ETFs I acquired were hard to trade. I have many questions for you i...
by StrangePenguin
Sun Oct 27, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: SHV/BIL Good for State/Fed Tax Exempt Short Term Cash Equiv?
Replies: 1
Views: 240

Re: SHV/BIL Good for State/Fed Tax Exempt Short Term Cash Equiv?

SHV pays a dividend monthly that keeps the NAV at an approximately constant value over the long haul. You can check the behavior at your favorite website e.g. https://finance.yahoo.com/quote/SHV?p=SHV (click 1yr or 5yr view). My completely amateur opinion is that the document like this from ishares ...
by StrangePenguin
Sat Oct 26, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: 2.1% processing fee at California DMV
Replies: 31
Views: 1849

Re: 2.1% processing fee at California DMV

The credit card surcharge in Illinois when renewing my license was even higher than that (3.5% IIRC). I anticipated it and brought cash. 2.1% would be almost break-even for me, since I get 2% back from my Fidelity Visa.
by StrangePenguin
Sat Oct 05, 2019 3:42 pm
Forum: Personal Consumer Issues
Topic: Hospital wants me to prepay for procedure. Normal?
Replies: 67
Views: 19734

Re: Hospital wants me to prepay for procedure. Normal?

OP (of the revived discussion) here -- thanks for relating your experiences. It sounds like multiple people have had similar experiences and did, eventually, get their money back from the hospital. This is reassuring. Fortunately we are in a position where we have plenty of cash handy to handle thin...
by StrangePenguin
Fri Oct 04, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Hospital wants me to prepay for procedure. Normal?
Replies: 67
Views: 19734

Re: Hospital wants me to prepay for procedure. Normal?

[ Why won't your insurance pay for the other charges, if you've met your OOP max, and these are valid charges? RM The issue is the sequencing. Usually a medical expense is billed as follows (at least under a high-deductible health plan framework): Date of procedure X: no payment Some time later the...
by StrangePenguin
Fri Oct 04, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: Hospital wants me to prepay for procedure. Normal?
Replies: 67
Views: 19734

Re: Hospital wants me to prepay for procedure. Normal?

I'm reviving this old thread to see if anybody has any personal experience with this. I guess it is becoming more and more common ( https://www.vox.com/policy-and-politics/2018/1/23/16920768/medical-billing-prepay-surgery ). My SO recently had surgery (not elective). The day before the surgery (whic...
by StrangePenguin
Wed Mar 20, 2019 2:54 pm
Forum: Personal Investments
Topic: Any reason I shouldn't shorten duration on my treasury bonds?
Replies: 20
Views: 1404

Re: Any reason I shouldn't shorten duration on my treasury bonds?

I thought the same thing about a year ago, because it looked like rising interest rates were "inevitable" and so why not shorten duration for a while and then swap back to Intermediate Term when rates had risen and the Intermediate Term was at a lower price. (In other words, why not do some mild mar...
by StrangePenguin
Tue Mar 19, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: Are the Vanguard Factor ETFs tax managed?
Replies: 7
Views: 683

Re: Are the Vanguard Factor ETFs tax managed?

I will reply just to say that it's an interesting question, since the non-quantitative rubric would be not to hold "Value" funds in taxable. But as has been reported in the Tax Efficiency thread (search for it), some of the Small Value funds like IJS are surprisingly tax efficient. (I guess the bott...
by StrangePenguin
Mon Mar 18, 2019 8:02 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 849
Views: 108950

Re: That's enough for me in 2019

But as an individual investor, you can invest in a lot of smaller things that indexers and hedge funds won't touch without having to market time. To give an example: There's a 100 million-dollar (by market cap) company now. It has a book value of 160 million, and yet all of its assets and liabiliti...
by StrangePenguin
Fri Mar 15, 2019 10:38 pm
Forum: Personal Investments
Topic: Today's 10 year Treasury movement
Replies: 18
Views: 2382

Re: Today's 10 year Treasury movement

Anybody know what might be up with this? (Yield Down over 1%) oops, Corrected title from bond to Treasury I see 5 bps (0.05%) change in the 10 yr treasury yield. Can you provide a link to whatever shows the treasury yield down 100 bps (1.00%)? My source is Barons: http://www.barrons.com/data?mod=BO...
by StrangePenguin
Sat Mar 09, 2019 9:37 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 308801

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

First post in this thread but I've been watching it with interest. Seems like we've now got results for 2 contrasting eras: First is the long, slow runup in long-term interest rates from the 50s until early 80s, and the results aren't pretty. Then in the subsequent period from the early 80s till now...
by StrangePenguin
Sat Mar 09, 2019 12:08 pm
Forum: Personal Investments
Topic: State Street S&P Index Vs VFIAX [Vanguard 500 Index]
Replies: 4
Views: 384

Re: State Street S&P Index Vs VFIAX [Vanguard 500 Index]

I put State Street S&P 500 Index Fund Class K into Google. I found 2 charts for this fund -- at fidelity ( https://nb.fidelity.com/public/workplacefunds/summary/OZO8?fundId=OZO8&planId=86694 ) and morningstar ( https://quotes.morningstar.com/chart/fund/chart.action?t=SSSYX®ion=usa&culture=en-US )...
by StrangePenguin
Fri Mar 08, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: VDGIX vs. VTSAX in down or flat market [Vanguard Dividend Growth vs. Total Stock]
Replies: 8
Views: 1629

Re: VDGIX vs. VTSAX in down or flat market [Vanguard Dividend Growth vs. Total Stock]

I own some VDIGX. I started buying it 8 or 9 years ago with the thought that it was "a bit less risky" than the overall stock market. (I didn't buy it exclusively, but rather used it as a supplementary part of my portfolio. At the time I thought I was going to keep it only for a few years, but circu...
by StrangePenguin
Wed Feb 27, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating net worth ["Brand value"]
Replies: 10
Views: 1037

Re: Calculating net worth

I’ve always struggled with what to include in my net worth statement...deferred tax liabilities, pensions, furniture, jewelry, etc. But today I discovered a new asset - “brand value” Do bogelheads include their “brand value” when calculating net worth? I’m kind of a big deal so I was thinking about...
by StrangePenguin
Sun Feb 24, 2019 11:22 am
Forum: Personal Investments
Topic: Is last December`s drop a bear market?
Replies: 26
Views: 2138

Re: Is last December`s drop a bear market?

Personally I was a bit annoyed that the drop wasn't slightly more extreme in magnitude and also slightly longer in duration, because then people would stop having semantic arguments about whether we were in a bear market. :D (Also I get my bonuses in February and March, so I'd be happy to be buying ...
by StrangePenguin
Tue Feb 19, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Darn Tough Socks....Boxers???
Replies: 18
Views: 2273

Re: Darn Tough Socks....Boxers???

Read a thread on here about socks and Darn Tough Socks came highly recommended. 12 pairs later I agree! Is there a “Darn Tought Socks” of the boxers world? Trying to complete my undergarment game! I heard on “wait wait don’t tell me” in passing that undergarments need to be discarded every 6 months...
by StrangePenguin
Mon Feb 18, 2019 10:05 pm
Forum: Personal Investments
Topic: Cash position in VSS
Replies: 12
Views: 1658

Re: Cash position in VSS

I revisited this in more detail tonight by looking at the annual report https://www.vanguard.com/funds/reports/q7700.pdf The fraction of assets invested in common stocks is listed as 99.3% The fraction of assets invested in cash reserved is listed as 7.1% In the footnotes, this is explained: "The fu...
by StrangePenguin
Mon Feb 18, 2019 6:17 pm
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 111
Views: 12062

Re: Wife filled our gas engine car with diesel fuel

I've also heard that in Europe, there are diesel pumps with markings that include the letters "GAS". Is this correct? RM When we last drove in France in March 2017, the pumps were marked “Unleaded” and “Diesel”. However, there was supposed to be a change last fall: https://www.thelocal.fr/20181011/...
by StrangePenguin
Mon Feb 18, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3865

Re: Why is higher deficit not leading to higher interest rates?

Front page WSJ article today about this topic: https://www.wsj.com/articles/worry-about-debt-not-so-fast-some-economists-say-11550414860?mod=hp_lead_pos2 Short version: as long as economic growth is higher than the interest rate, deficits don't matter. Won't that not be the case very soon, as in th...
by StrangePenguin
Fri Feb 15, 2019 11:57 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1587
Views: 172643

Re: Personal favorite TV/cable series

The first 10 years of The Simpsons were some of the best television ever. (Already mentioned many times -- Seinfeld, The Wire, Breaking Bad...all of them all-time great shows...and from a very different era -- I Love Lucy.) The current show that hasn't been mentioned here is Bojack Horseman. It is a...
by StrangePenguin
Fri Feb 15, 2019 4:59 pm
Forum: Personal Investments
Topic: VSMAX or VTMSX In Roth?
Replies: 12
Views: 1554

Re: VSMAX or VTMSX In Roth?

Comparing the growth chart of VTMSX and IJR in Morningstar, they look almost identical. I guess by reading this thread that they track the same index so that makes sense. IJR does *just slightly* better (over the last 10 years the total difference is about half a percent). If you prefer mutual funds...
by StrangePenguin
Thu Feb 14, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 5358

Re: Vanguard Tax 2018 Forms Now Online

I sent a query via the secure message center to Vanguard three days ago asking if my tax forms were complete and emphasizing the extreme urgency, and that I cannot wait until "end February" as per their email for my tax information. No response. Two full business days have come and gone and I have ...
by StrangePenguin
Wed Feb 13, 2019 10:52 am
Forum: Personal Investments
Topic: Where to Park Emergency Money/Equivalent Yield Question
Replies: 26
Views: 3353

Re: Where to Park Emergency Money/Equivalent Yield Question

My emergency money is currently parked in a money market fund with 7-day yield currently at 2.39%. My federal marginal tax bracket is hovers between 22-24%. My CA state tax bracket is 9.3%. I see lately 6 month Treasury Bills yielding 2.4-2.5%. On those I don't pay state tax, correct? Estimating co...
by StrangePenguin
Thu Jan 31, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10176

Re: How much money does one need to setup a private S&P 500 fund?

What does the lottery have anything to do with owning the SP500 in individual stocks vs ETF or mutual fund??? A reminder this is the theory forum. I have my answer the minimum is about $13 million. At this point in time the only way I will get $13 million investable is to win the lottery. The easie...
by StrangePenguin
Mon Jan 28, 2019 11:41 am
Forum: Personal Investments
Topic: Cash position in VSS
Replies: 12
Views: 1658

Re: Cash position in VSS

Ok, but when I export the portfolio data I get the following description of this position : CMT MARKET LIQUIDITY RATE 8,78% I assume it's a data glitch of some sort. There is no way that VSS, an index fund, is holding nearly 9% cash. You can look at the Portfolio Composition File. You can look at t...
by StrangePenguin
Tue Jan 22, 2019 7:52 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 170373

Re: Boglehead Beer

Lately been on an Amber Ale kick. Any recommendations? Was put on this path by an absolutely INCREDIBLE Gerst Amber Ale from the Nashville area. In Cred I Ble. Could drink it all day every day. Weird warmth to it, but not as filling as a wheat beer. A LOT of flavor and aroma. Amber Ale is an intere...
by StrangePenguin
Thu Jan 17, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 152
Views: 54204

Re: WSJ Digital Subscription - a bargain!

The Washington Post ended their free .gov, .mil, .edu program a few months ago. I'm now on a special for Prime members through Amazon: a free six-month subscription that will renew at $3.99/month after six months. I pay $4.00/month directly to the WSJ on educational pricing. Did the Post end their ...
by StrangePenguin
Wed Jan 16, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 152
Views: 54204

Re: WSJ Digital Subscription - a bargain!

The Washington Post ended their free .gov, .mil, .edu program a few months ago. I'm now on a special for Prime members through Amazon: a free six-month subscription that will renew at $3.99/month after six months. I pay $4.00/month directly to the WSJ on educational pricing. Did the Post end their ...