Search found 135 matches

by viz
Thu Nov 15, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6900

Re: Are you all staying the course?

goblue100 wrote:
Thu Nov 15, 2018 12:14 pm
viz wrote:
Wed Nov 14, 2018 10:25 pm
80% equity, 5% bonds, 20% real estate
Staying the course, still in accumulation phase so a little dip in stock price is much appreciated
I guess you really give that extra 5% in all you do. Or perhaps you are using a little leverage?
Ha ha.. typo fixed now :)
by viz
Wed Nov 14, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6900

Re: Are you all staying the course?

75% equity, 5% bonds, 20% real estate
Staying the course, still in accumulation phase so a little dip in stock price is much appreciated
by viz
Wed Nov 14, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Small Cap Value options for fidelity brokerage link (mutual fund only)
Replies: 11
Views: 1169

Re: Small Cap Value options for fidelity brokerage link (mutual fund only)

A couple of questions: 1. Why not ETF? You can probably get something like IJS commission free. 2. If you want MF and the 75$ fee is only one time (initial investment) then why wait? Yes, it is a large percentage of your current investment but gets you to your preferred investment faster and cost is...
by viz
Sun Nov 04, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Is Cloud-Based YNAB Worth It?
Replies: 51
Views: 2862

Re: Is Cloud-Based YNAB Worth It?

For us it is worth it. We spend within our means and ynab allows us to 1. Keep track of all expenses 2. Take out savings money before anything else 3. Get a big picture of our cash flow As I said, we were always spending less than we earn but didn't have a good sense of what we were spending on. YNA...
by viz
Tue Oct 30, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: Luxury Sedans for around $25k used with lower miles? AWD?
Replies: 38
Views: 2657

Re: Luxury Sedans for around $25k used with lower miles? AWD?

Lexus/Acura are just Toyota/Honda with makeup. It's like going for a one night stand and waking up next to a pig in lipstick. I respectfully disagree. I have had a Toyota, Lexus and Acura. Even with all the upgrades for Toyota, you can't get to the quality and driving experience of a Lexus. Of cour...
by viz
Thu Oct 25, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: When is moonlighting not moonlighting?
Replies: 22
Views: 1779

Re: When is moonlighting not moonlighting?

If you are 100% commission as an sales rep is your income from the company reported by them on a W-2 or a 1099? If they're reporting you solely as a 1099 "employee" you can moonlight to your heart's content. If they pay all your compensation reporting it as W-2 then you may be bound more closely to...
by viz
Tue Oct 23, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investment help, please
Replies: 9
Views: 916

Re: Investment help, please

We are both 61 years old. Our original plan was not to retire this early but due to health reasons retired early. Currently I am getting 3% annual raise on my pension but fear this is short lived as the state wants to stop that. At this point no withdraws from our savings. Our Merrill Lynch account...
by viz
Tue Oct 23, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP purchase doesn't add up
Replies: 12
Views: 879

Re: ESPP purchase doesn't add up

Hi guys, I just made my first ESPP purchase. Basically, it's a very mediocre one with 5% discount, but still better than nothing. But I just saw my first transaction and something doesn't add up. Date FMV Purchase Amount Purchase Price Shares Purchased 15 Oct 2018 PURCHASE 141.2000 359.83 134.1400 ...
by viz
Mon Oct 22, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Do I need to buy laptop software?
Replies: 32
Views: 2690

Re: Do I need laptop software?

What exactly do you do with these workstations? Write letters in ms word, internal email with ms outlook on the workstations and ms exchange, which holds the mail on the server, a man'f application, some excel and old paradox databases. What usually happens is the server dies and the vender comes i...
by viz
Sat Oct 20, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3614

Re: Put more than 20% down on a house?

We are looking to buy a house that is around 695,000. about 3800 sqft in a semi high cost of living town. the price of the house is about 2x our income. Option A would be If i were to put 20% down that would be 139,000. the break down would be as follows. 1. P&I 2817. 2. Property tax 667 3. HOI wou...
by viz
Wed Oct 17, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 33
Views: 2042

Re: Finally ready to start investing in RothIRA (23yrs old)

Hello from another graduate research assistant. Sounds like you're set for earned income for 2018. For 2019, your stipend may represent earned income, especially if it is W-2 income. However if you have a fellowship of any kind things can get complicated (still worth having the fellowship, of cours...
by viz
Wed Oct 17, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Re: Too good to be true; what am I missing?

One time 5k payment against mortgage saves little over 5K in interest over the period of loan And over this same time you will pay interest to M1 at 4% to borrow the money. Yes, crowd sourcing to look for errors in the math :happy The error in the math is that you are borrowing money at 4% to pay b...
by viz
Wed Oct 17, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Re: Too good to be true; what am I missing?

Under what conditions it the loan callable /are your investments forcably sold? What are the additional fees on your M1 investment vs a low cost provider? If purpose of your investment with M1 is to access the margin loan, these fees (on the total balance) should be thought of as an additional cost...
by viz
Wed Oct 17, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Re: Too good to be true; what am I missing?

I suspect some significant math errors. Unless your mortgage is >4% this is a losing move. Also how do you take out $5K loans annually on a $15K account? There is no logic in paying it back only to take another loan immediately. Yes, crowd sourcing to look for errors in the math :happy The idea is ...
by viz
Wed Oct 17, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Re: Too good to be true; what am I missing?

I don't think you gave enough details to get a straight answer. What are your loan parameters (principal, rate, term)? How old are you, and why do you want to tie up so much money in a non-liquid investment? @Nate79 is right; there's no magic hidden in amortization tables. Higher rates are always w...
by viz
Wed Oct 17, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Re: Too good to be true; what am I missing?

The rate of return for making additional principal payments on a loan, including mortgages is simply the interest rate of the loan. So you would not borrow money at a higher interest rate to pay off a loan with a lower interest rate. I agree with you 100%. However, in my example, the effective rate...
by viz
Wed Oct 17, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3092

Too good to be true; what am I missing?

Okay, I got an email for M1 that they would give a loan up to 1/3 of my M1 investment account at 4% rate of interest. https://www.m1finance.com/how-it-works/borrow/ It got me thinking and I got a crazy idea. I will lay it out here and then you tell me what did I miss. I am sure I missed something. A...
by viz
Tue Oct 16, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer – bonus details provided after acceptance
Replies: 26
Views: 1865

Re: Job Offer – bonus details provided after acceptance

Based on the details, I would decline unless you want to leave the current job or are truly excited about the work at the new one. I would ask for the following: 1. Bonus details on paper 2. First year bonus upfront. It can be contingent to you being in the company for a year I can guarantee that th...
by viz
Tue Oct 16, 2018 8:11 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5900

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

A $3k initial minimum investment for almost all funds at Vanguard is a significant hurdle for the median U.S. household or individual. As noted above, the TR funds have a $1000 minimum, which is what beginners should start with anyway. Why wait till 1k? If I only have 500$ to put in my Roth IRA at ...
by viz
Mon Oct 15, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5900

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

A $3k initial minimum investment for almost all funds at Vanguard is a significant hurdle for the median U.S. household or individual. As noted above, the TR funds have a $1000 minimum, which is what beginners should start with anyway. Why wait till 1k? If I only have 500$ to put in my Roth IRA at ...
by viz
Mon Oct 15, 2018 11:24 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5900

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

In my opinion the most important advantage to Fidelity (and Schwab as well) is the zero initial minimum investment for traditional mutual funds. This will be very important to the young or new investor, or any investor with a moderate income. A $3k initial minimum investment for almost all funds at...
by viz
Mon Oct 15, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard changing my Admiral shares to Investor Shares
Replies: 26
Views: 4662

Re: Vanguard changing my Admiral shares to Investor Shares

Petty and foolish on the part of Vanguard - while they have the right to do it, it would be interesting to know whether they change ALL of their customer accounts to investor shares if the account balance drops below the admiral thresholds. It seems like they will be causing lots of waves and only ...
by viz
Mon Oct 15, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can't immediately exchange ETF for another? (Merrill Edge)
Replies: 10
Views: 544

Re: Can't immediately exchange ETF for another? (Merrill Edge)

About 2 weeks ago, I bought IXUS with cash. When I called Merrill Edge today to do a trade (sell IXUS, buy IEFA), he said I had to wait for the sale of IXUS to settle to cash. Then in 2 business days I can buy IEFA. I thought I read somewhere I could exchange an ETF for another ETF immediately. Can...
by viz
Mon Oct 15, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 3149

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

My take, if she is the one then get married asap and have a small reception. She gets health insurance through you, you probably will pay less taxes and save most of the 25k that you have for the wedding. Sorry, this is a ruthless financial advice. On personal did, you and/or her might have plans fo...
by viz
Mon Oct 15, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Any downside to small brokerage buys?
Replies: 5
Views: 901

Re: Any downside to small brokerage buys?

Any decent brokerage would keep track of cost basis so when you sell, you should be okay. To overcome commission, you can use platforms like M1 or Robinhood if you want to buy ETF. Or use fidelity which has zero minimum on lots of MF now and you can buy them commission free. You can buy ETF commiss...
by viz
Sun Oct 14, 2018 1:52 am
Forum: Investing - Help with Personal Investments
Topic: Any downside to small brokerage buys?
Replies: 5
Views: 901

Re: Any downside to small brokerage buys?

I recently took a bit of a pay cut in moving to a new position. I can still fill up all my available tax-advantaged options (Roth, work 401k, etc...), but am left with only a small additional amount past that that is not allocated for a budget. If I can only do buys twice a month into a brokerage t...
by viz
Sat Oct 13, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2819

Re: Does Timing Matter? 3 Fund Portfolio

Age 31 I was in the process of restructuring my portfolio that I rolled over from my previous employer. My plan was to put 30% in total bond fund, 55% in Total Market Index Fund and 15% in Total International Index. However, the stock market has exploded the last few days so I am hesitant to make a...
by viz
Fri Oct 12, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: rollover or transfer from Fidelity 401k?
Replies: 14
Views: 966

Re: rollover or transfer from Fidelity 401k?

So here's some questions. I've got $176k sitting in two different 401k accounts both inside Fidelity, from former employers. Are these able to be transferred to Vanguard so all my stuff is one place? I'm trying to consolidate and streamline all my accounts as best as I can. Can this type of account...
by viz
Thu Oct 11, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity announces simplified index fund structure]
Replies: 20
Views: 2625

Re: [Fidelity announces simplified index fund structure]

The zero minimum amount may be as important as the zero expense ratios. Beginning investors will find the zero minimum a good reason to invest a few bucks. It's not a big deal to me now, but it would have been a really big deal 50 years ago. I'm happy to see Fidelity put out the welcome mat for new...
by viz
Thu Oct 11, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Contributions 401k/roth 401k/ Vanguard IRA confused
Replies: 10
Views: 528

Re: Employer Contributions 401k/roth 401k/ Vanguard IRA confused

My understanding is that a employer match is always traditionally (its an IRS requirement?) . I would be very surprised if your plan really works as you describe. I suspect that you have a choice between all three options (and any combo you want but the match is just on the first 8% and what type t...
by viz
Wed Oct 10, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs others
Replies: 27
Views: 1955

Re: Vanguard vs others

With Fidelity: 1) Your deal flow is sold to high speed traders so you may wind up paying more when you place a trade for the ETF (only Vanguard and Interactive Brokers do not sell your deal flow). I always thought that high frequency traders make money by making a fraction of a cent per stock and i...
by viz
Tue Oct 09, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance - Starting a 3 Fund Portfolio
Replies: 10
Views: 1186

Re: M1 Finance - Starting a 3 Fund Portfolio

After almost a year of studying personal finance, I feel ready to start a 3/4 fund portfolio. I currently have a taxable account with Schwab Intelligent Portfolios, and my goal is to build a portfolio outside of Schwab with a similar mix while maintaining the Schwab account. Any thoughts on doing t...
by viz
Sat Oct 06, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Margin account for TLH
Replies: 9
Views: 739

Re: Margin account for TLH

I have a Merrill Edge account where I have used unsettled funds from an ETF sale to buy another ETF during a recent TLH. I don't think the funds from the sale showed up immediately as "available to trade," but definitely within a couple of minutes. Thanks headwest! I assume you don't have a margin ...
by viz
Fri Oct 05, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Margin account for TLH
Replies: 9
Views: 739

Re: Margin account for TLH

I have a margin account. But even without margin, you should be able to sell one ETF, and immediately turn around to buy another ETF. Beware to read up on freeriding violations if you are selling unsettled purchases. But if your holding is "settled", then there should be no issues. On the other han...
by viz
Fri Oct 05, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Margin account for TLH
Replies: 9
Views: 739

Re: Margin account for TLH

I have a margin account. But even without margin, you should be able to sell one ETF, and immediately turn around to buy another ETF. Beware to read up on freeriding violations if you are selling unsettled purchases. But if your holding is "settled", then there should be no issues. On the other han...
by viz
Fri Oct 05, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Margin account for TLH
Replies: 9
Views: 739

Margin account for TLH

Hi, My investment are split between tax-deffered (401k), tax free (roth) and taxable account. I would say that 60% of funds in tax sheltered and 40% of funds in taxable. I am looking into tax loss harvesting and one thing which I am wondering is how to do it without a margin account. I can easily ad...
by viz
Fri Oct 05, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5229

Re: can i start a private investment firm?

I am not a financial analyst but been thinking of starting a private investment firm where i manage very limited number of people's funds. Is it possible to do this legally? Thanks you are talking about something like an investment club and you need to register with SEC https://www.sec.gov/reportsp...
by viz
Thu Sep 27, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1430

Re: Am I the only one...

I try to consolidate too unless I am hunting a bank account reward. I use YNAB to virtually separate the funds for various goals Same thing, do I. Money is fungible and can be in any account. Budget is fungible too, one month you eat out more and buy less grocery & a different month it changes. Whe...
by viz
Wed Sep 26, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Don't Fear the Reaper (RMDs) - White Coat Investor blog post
Replies: 65
Views: 7651

Re: Don't Fear the Reaper (RMDs) - White Coat Investor blog post

JoMoney wrote:
Tue Sep 25, 2018 7:30 am
I hope to have the kind of "problems" that force me to pay taxes on money I don't need.
+1
by viz
Tue Sep 25, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Which type of Primary Care Physician?
Replies: 54
Views: 4239

Re: Which type of Primary Care Physician?

I think I will be soon faced with selecting a new Primary Care Physician with Kaiser. For adults (I am in my early 70's), we can choose Physicians who are Board Certified in Internal Medicine or Family Medicine/Practice. In recent decades, I have chosen Internal Medicine. Other factors being more o...
by viz
Mon Sep 24, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity: REIT funds
Replies: 8
Views: 1151

Re: Fidelity: REIT funds

ok, done with the story. now the question: My 401k is with Fido and I need a REIT MF/ETF. I am leaning towards FRXIX : ER: 0.07% The other alternatives are: FRESX : ER 0.76% VNQ : RE: 0.12% + have to pay trading fees Which one is recommended? Other suggestions welcome. Thanks! Taxable location matt...
by viz
Sun Sep 23, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity: REIT funds
Replies: 8
Views: 1151

Re: Fidelity: REIT funds

jhfenton wrote:
Sun Sep 23, 2018 6:30 pm
It seems like an easy decision to use FRXIX at 7 bp versus VNQ at 12 bp + trading fees. In a 401(k), trading fees could add really add up.
I agree. I am looking for insights into why not. They track different index and FRXIX hasn't existed for very long time.
by viz
Sun Sep 23, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity: REIT funds
Replies: 8
Views: 1151

Re: Fidelity: REIT funds

nedsaid wrote:
Sun Sep 23, 2018 5:51 pm
I own the Fidelity REIT index and the Vanguard REIT Index ETF. Satisfied with both.
Thanks! I assume you are referring to FRXIX for Fidelity. Correct?
by viz
Sun Sep 23, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity: REIT funds
Replies: 8
Views: 1151

Fidelity: REIT funds

Hi, I always wanted about 20% of my investment in real estate. You can blame on my upbringing outside but I believe RE has a valid place in my invesment portfolio. I have looked at buying rental properties, notes, syndications, etc. The first 2 are too much work along with my job. I would rather spe...
by viz
Mon Sep 17, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 66
Views: 7845

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

The Bogleheads on Investing Podcast has been approved by iTunes and will be available in a "search" over the next two days. In the meantime, here is the link: https://itunes.apple.com/us/podcast/bogleheads-on-investing-podcast/id1436401528 I use Podcast Addict and it showed up in the search using '...
by viz
Fri Sep 07, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust - conveyance of assets
Replies: 37
Views: 2746

Re: Living Revocable Trust - conveyance of assets

Earl Lemongrab wrote:
Sat Jul 14, 2018 12:51 pm
For those here who have had a trust, what did you do? If the attorney did most of the work, what was the charge?
Attorney took care of the real estate and charged only the county fee. We had one property only.
The rest we did ourselves
by viz
Thu Sep 06, 2018 11:57 pm
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2551

Re: Certified Pre-Owned Cars (CPO): Is this normal?

I purchased a used Hyundai at a Hyundai dealership. The car was listed as a "certified" car on the website. At closing, I'm told that it costs more to get the certification. I was upset because my assumption is that when a car is described as "certified" online, it means that the certification is i...
by viz
Wed Sep 05, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: MINT Software Or Other For Budgeting/Tracking
Replies: 20
Views: 1471

Re: MINT Software Or Other For Budgeting/Tracking

nolesrule wrote:
Wed Sep 05, 2018 11:42 am
I use YNAB for budgeting.

I use Google Sheets to aggregate my investment data. It does not require frequent updating.
+1
I am doing exactly the same thing.
by viz
Thu Aug 30, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Last Will and testament involving very young children and 7 figure estate. What have you done?
Replies: 15
Views: 2159

Re: Last Will and testament involving very young children and 7 figure estate. What have you done?

Hello Wise bogleheads, Doing a bit of spring cleaning with my finances and need to create a will. (yes, I don't have one. Shame on me.) Wondering when an online generic Will is inappropriate. We have a low 7 figure net worth and everything will go to spouse upon my passing, and visa versa. Easy pea...
by viz
Thu Aug 30, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Fund Manager Software
Replies: 14
Views: 864

Re: Fund Manager Software

ETA: pretty sure they still have a trial version. Interesting that they also have a version for Financial Professionals like CFPs to use to manage their client's portfolios. I use the "personal" (I believe it's called version) and think it cost me somewhere around $99 at the time..haven't looked la...