Search found 95 matches

by lassevirensghost
Thu Nov 14, 2019 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

The new culture in jobs, is "you can't ask me to do that", not " yes, sir". Adjust for the travel and either suck it up or look elsewhere. My SIL travels to multiple cities 2-4 days a week, almost every week. He has made VP in 4 yrs with a major company. My Daughter works fulltime, and they have a ...
by lassevirensghost
Thu Nov 14, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

Thanks, you two. I am so glad to hear perspectives on the kind of pay increase that would be realistic. It gives a real sense of what kind of life-change I am looking at. and 8foot7, that is a very good point. This is the opposite of what I want.
by lassevirensghost
Thu Nov 14, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

Thank you everyone; this has given me a range of possible reactions to expect from management and given me a sense of what to expect, as well as what my options are. As I see it from the collective group: 1. I can duck my head or be let go. 2. I can negotiate knowing I could easily be let go. 3. I c...
by lassevirensghost
Wed Nov 13, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

You are a fundraiser. They want you to raise more money, and they think the way to do it is with more face time with potential donors. If you can raise more money without traveling I am sure they will be happy. But keep in mind that higher education has an infinite thirst for more money. I suspect ...
by lassevirensghost
Wed Nov 13, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

ponyboy wrote:
Wed Nov 13, 2019 2:49 pm
Traveling for work is soul sucking. I dont care how much you make...not worth your life. If you enjoy traveling for work, this doesnt apply.
Indeed it is.
by lassevirensghost
Wed Nov 13, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

You can certainly try to negotiate something more favorable, but unless you are willing to quit (or be fired) I don't see how you have much leverage. Employers change job responsibilities all the time, and you either adapt or move on. Touche. I am at a point where financially I may be able to be a ...
by lassevirensghost
Wed Nov 13, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Re: Employer requesting increased travel

As stated, you need to make a decision. Going from 25 to 50% travel is a 100% increase. I might want to figure out why one needs to travel, can you have the same impact with a video call for example? Or traveling only as needed to close a contributor? I think many people, including the director of ...
by lassevirensghost
Wed Nov 13, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 36
Views: 2962

Employer requesting increased travel

Hi all, have a question about a change my employer wants to make in my role at work. I am a fundraiser at a liberal arts college. I used to be on faculty at a different university but left academia for a variety of reasons. My particular pocket of the university has very ambitious plans to expand wh...
by lassevirensghost
Mon Oct 28, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?
Replies: 91
Views: 5324

Re: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?

I am beyond confused now. Your point in this post and many others is that these portfolios can and will wipe themselves out (or have an 80% decline). What you've have shown me here is that they can actually be a very effective way to gain leveraged equity exposure, enabling someone to hold some unc...
by lassevirensghost
Tue Oct 22, 2019 6:45 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 342
Views: 40096

Re: Small Cap Value heads Rejoice !!!

QVAL rocked it today. I am trying to figure out which holding of the 40 or so it was.
by lassevirensghost
Fri Oct 18, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 108
Views: 9566

Re: Composition and safety of TIAA traditional annuity

So should I stop putting fixes income contributions in Trad? Almost the entirety of that portion of my (smallish) portfolio is in Trad.
by lassevirensghost
Fri Oct 11, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 342
Views: 40096

Re: Small Cap Value heads Rejoice !!!

Whatever the case, I am perfectly happy with an equity allocation of VT (50%), QVAL (25%), and IVAL (25%).
by lassevirensghost
Thu Oct 10, 2019 12:52 pm
Forum: Personal Investments
Topic: $0 commissions; so what's the best bond ETF? and why?
Replies: 20
Views: 1846

Re: $0 commissions; so what's the best bond ETF? and why?

How do you figure? Someone DCAing each paycheck could have been buying shares costing hundreds of dollars of commissions. I have never paid any trading commissions on Vanguard ETFs. In this scenario, it does not seem prudent to use a brokerage which is any more expensive. Right. And now the playing...
by lassevirensghost
Thu Oct 10, 2019 12:33 pm
Forum: Personal Investments
Topic: $0 commissions; so what's the best bond ETF? and why?
Replies: 20
Views: 1846

Re: $0 commissions; so what's the best bond ETF? and why?

longleaf wrote:
Thu Oct 10, 2019 12:14 pm
Why does this change in commissions matter for a passive portfolio? There shouldn't be enough trading activity to warrant any change in strategy.
How do you figure? Someone DCAing each paycheck could have been buying shares costing hundreds of dollars of commissions.
by lassevirensghost
Tue Oct 08, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 16048

Re: How many are switching from Fidelity?

I should have been clearer. For non-Fidelity or iShares ETFs, is there a charge on both sides—buying and selling? That's all I wondered because I have only ever bought, not sold.
by lassevirensghost
Tue Oct 08, 2019 7:54 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 16048

Re: How many are switching from Fidelity?

Does Fidelity charge a commission fee for the sale of ETFs? I have Fidelity accounts and own some ETFs they charge me to buy but I haven't ever sold anything.
by lassevirensghost
Tue Oct 01, 2019 5:11 am
Forum: Investing - Theory, News & General
Topic: Vanguards push for PAS
Replies: 18
Views: 2900

Re: Vanguards push for PAS

Depending on bracket, the tax drag of LifeStrategy funds in taxable is less than 20 basis points.
by lassevirensghost
Tue Sep 24, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Global Wellington and Wellesley and fund size
Replies: 6
Views: 1015

Re: Global Ws and fund size

columbia wrote:
Mon Sep 23, 2019 7:05 pm
Nimble would imply a fair amount of trading, which isn’t necessarily the approach of these funds.
Yes, imprecise language on my part. I am thinking I need imagery more along the lines of a small child or animal that can wiggle themselves into small spaces when regular size adults cannot.
by lassevirensghost
Tue Sep 24, 2019 7:58 am
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 108
Views: 15431

Re: A low-cost 5 fund Boglehead portfolio

Vineviz, If you had to reduce this to three funds what would those three funds be? I don't think the 5 fund portfolios mentioned in the original post could be easily reduced to a 3-fund portfolio without sacrificing the superior diversification relative to traditional 3- fund portfolios that I was ...
by lassevirensghost
Tue Sep 24, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 108
Views: 15431

Re: A low-cost 5 fund Boglehead portfolio

My 5 fund portfolio looks like this: (no tickers it's all weird EU ETFs) 40% total developed world large and mid cap 15% total developed world small cap 15% emerging markets stocks 10% emerging markets USD government bonds 20% long term government bonds 5 funds - all backed by research and boglehea...
by lassevirensghost
Mon Sep 23, 2019 10:11 pm
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 108
Views: 15431

Re: A low-cost 5 fund Boglehead portfolio

Vineviz,

If you had to reduce this to three funds what would those three funds be?
by lassevirensghost
Mon Sep 23, 2019 8:08 pm
Forum: Investing - Theory, News & General
Topic: Global Wellington and Wellesley and fund size
Replies: 6
Views: 1015

Re: Global Ws and fund size

Even in the Bogleheads forum, "Ws" doesn't convey much to me. Oh, that's funny. I guess I have seen those two funds referred to as such enough around here that I thought it was commonplace. Sorry, I will edit for clarity, though it looks like subsequent posts have more or less answered the question...
by lassevirensghost
Mon Sep 23, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Global Wellington and Wellesley and fund size
Replies: 6
Views: 1015

Global Wellington and Wellesley and fund size

Hi all. A question about the relatively new Global Wellington and Wellesley funds: it’s often argued that active funds run into problem as they accumulate money to invest and managers become limited in their options. Other arguments against active funds aside, wouldn’t this suggest that the global W...
by lassevirensghost
Tue Aug 13, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: There And Back Again: My 180 Back To Simplicity
Replies: 15
Views: 4029

Re: There And Back Again: My 180 Back To Simplicity

Maybe just me, but my human capital feels much more equity-like than bond-like! :shock:
by lassevirensghost
Fri Aug 09, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: Is anyone running 50/50 stock bond who is younger?
Replies: 45
Views: 4626

Re: Is anyone running 50/50 stock bond who is younger?

I find it interesting that since the inception of the Total Bond Market fund in 1987, that a portfolio split between global stocks 50/50 us/intl and bonds only lagged an all equity portfolio by about .67% per year. Yes that is a lot over time, but it had double the volatility of a stock/bond portfo...
by lassevirensghost
Wed Jul 24, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Where should I open my HSA? Fidelity?
Replies: 20
Views: 1072

Re: Where should I open my HSA? Fidelity?

If you have a less than ideal one that your employer uses, put the money into that to get the employer contributions and tax benefits, then once a year roll it over into the vendor of your choice.
by lassevirensghost
Fri Jul 19, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 61
Views: 7157

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

Three questions please: 2. Small Cap Value currently has the worst performance of all Morningstar style categories. What is your current favorite factor fund? Thank you, Howard I would imagine Larry would say SCV or global SCV. The more important question is actually for Howard Donnelly: what do yo...
by lassevirensghost
Thu Jul 11, 2019 4:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 10124

Re: Fidelity Expands Their Index Fund Lineup

They've taken the funds off the website now.
by lassevirensghost
Wed Jul 10, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 10124

Re: Fidelity Expands Their Index Fund Lineup

Does the prospectus say when these offerings will be available? I would guess with the fund information already being on Fido's website the date is imminent, but I can't seem to find it.
by lassevirensghost
Wed Jun 12, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan REFI
Replies: 6
Views: 501

Re: Student Loan REFI

I just refinanced with Laurel Road and am very happy with the result. My average rate before that was just north of 6% (on about $87k) and they got it down to 4.33% for a 10 year fixed. Payment went down noticeably and just feels good to have that much more going to principal instead of interest. I ...
by lassevirensghost
Sat Jun 08, 2019 3:25 pm
Forum: Personal Investments
Topic: Suitability of multifactor in taxable
Replies: 12
Views: 830

Suitability of multifactor in taxable

How does the new Vanguard multifactor ETF compare in taxable with something like VTI? I am intrigued and considering making a core holding.
by lassevirensghost
Fri Jun 07, 2019 11:09 pm
Forum: Personal Investments
Topic: Multifactor ETFs
Replies: 4
Views: 1156

Re: Multifactor ETFs

My opinion is that the best core multifactor ETF right now is Vanguard US Multifactor ETF (VFMF). It so far has exhibited pretty strong factor exposure and a very low ER for this kind of fund. I like the bottoms-up approach it takes, which makes more sense to me theoretically than the sleeve-based ...
by lassevirensghost
Mon Apr 01, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4787

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

We lived in Jackson Heights and loved it. Not bad getting into Midtown. But not for everyone; sounds like it might not mix with your desires.
by lassevirensghost
Fri Mar 29, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: Anyone else concerned about future tinkering of LS Funds?
Replies: 21
Views: 1966

Re: Anyone else concerned about future tinkering of LS Funds?

columbia wrote:
Fri Mar 29, 2019 8:47 pm
Any further changes would involve moving to full market cap for equities and 40-50% international bonds. If that’s a concern, then one shouldn’t own the VG target date and life strategy funds.
Full market cap would be welcome.
by lassevirensghost
Wed Mar 27, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: Anyone else concerned about future tinkering of LS Funds?
Replies: 21
Views: 1966

Re: Anyone else concerned about future tinkering of LS Funds?

That's a good point. I probably just need to live with the imperfections of a balanced fund if that is what I want! :D
by lassevirensghost
Wed Mar 27, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Anyone else concerned about future tinkering of LS Funds?
Replies: 21
Views: 1966

Anyone else concerned about future tinkering of LS Funds?

In my situation, I have rapidly over the past few months gotten some debts taken care of (referenced in previous posts) and am looking to start contributing more to investments. I have a small amount already in an IRA that I will augment and may add some to taxable (my main concern). As my signature...
by lassevirensghost
Thu Mar 21, 2019 10:14 pm
Forum: Personal Investments
Topic: Vanguard - dissappointed
Replies: 44
Views: 6164

Re: Vanguard - dissappointed

Opening the account takes a bit for some things to be checked but I had none of those issues.
by lassevirensghost
Thu Mar 14, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 2018’s Active Vs. Index Scorecard
Replies: 49
Views: 3938

Re: Larry Swedroe: 2018’s Active Vs. Index Scorecard

My T Rowe Price New Horizons and Blue Chip Growth funds have outperformed S&P 500 and Total Market index funds over the last 20+ years. I have no intention to change my holdings (although I do have Fidelity's Total Market in my current work plan). If 80% of funds fail to beat the index funds, that ...
by lassevirensghost
Thu Mar 07, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: Is the market smarter than Vanguard Target funds?
Replies: 9
Views: 1703

Re: Is the market smarter than Vanguard Target funds?

MotoTrojan wrote:
Fri Mar 01, 2019 7:40 pm
Bond returns are also expected to be worse.
The author is quite aware, taking time to respond to that objection and basically saying that the investor would just need to not rely on an equity-like return and would have to save more.
by lassevirensghost
Wed Mar 06, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Best account for early retirement funds
Replies: 11
Views: 1806

Re: Best account for early retirement funds

For age 55, look into the IRS "Rule of 55." When you leave your last employer between the ages of 55 and 59.5, you can use that final employer's specific 401k plan. Some people roll other accounts, even IRAs, into that work account if they plan to have 5 years from it at age 55.
by lassevirensghost
Fri Feb 22, 2019 9:35 am
Forum: Personal Investments
Topic: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]
Replies: 30
Views: 5269

Re: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]

I keep seeing "it is bad for taxable" and understand the argument, but exactly how bad is bad? How much drag would it actually produce? I'll take a shot (with numbers I've arbitrarily picked...folks can use their own.) Let's assume $100,000 invested, and the 40% of the fund that is fixed income yie...
by lassevirensghost
Thu Feb 21, 2019 7:48 pm
Forum: Personal Investments
Topic: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]
Replies: 30
Views: 5269

Re: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]

I keep seeing "it is bad for taxable" and understand the argument, but exactly how bad is bad? How much drag would it actually produce?
by lassevirensghost
Thu Feb 21, 2019 11:14 am
Forum: Personal Investments
Topic: Should I keep money in TSP long term?
Replies: 66
Views: 3253

Re: Should I keep money in TSP long term?

I envy the TSP, which has some of the best fund options in the country for a retirement plan.
by lassevirensghost
Wed Feb 20, 2019 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of tIRA disbursement offset with contributions
Replies: 7
Views: 201

Re: Tax implications of tIRA disbursement offset with contributions

I know there is a rule about the 60 day window meant for rollovers that would allow a tax free use of tIRA funds. Assuming the disbursement is qualified (hence no 10% penalty; home down payment), what is the point of the 60 day window if you contribute back the amount disbursed before the end of th...
by lassevirensghost
Wed Feb 20, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of tIRA disbursement offset with contributions
Replies: 7
Views: 201

Re: Tax implications of tIRA disbursement offset with contributions

I know there is a rule about the 60 day window meant for rollovers that would allow a tax free use of tIRA funds. Assuming the disbursement is qualified (hence no 10% penalty; home down payment), what is the point of the 60 day window if you contribute back the amount disbursed before the end of th...
by lassevirensghost
Wed Feb 20, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of tIRA disbursement offset with contributions
Replies: 7
Views: 201

Tax implications of tIRA disbursement offset with contributions

I know there is a rule about the 60 day window meant for rollovers that would allow a tax free use of tIRA funds. Assuming the disbursement is qualified (hence no 10% penalty; home down payment), what is the point of the 60 day window if you contribute back the amount disbursed before the end of the...
by lassevirensghost
Mon Feb 18, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy in Taxable - Percentage Less Tax Efficient
Replies: 11
Views: 1107

Re: LifeStrategy in Taxable - Percentage Less Tax Efficient

My take is that it isn't that much of a difference. You will pay taxes a little bit sooner, whereas they will be deferred and paid later if bonds are in tax deferred, but in most scenarios the final result is pretty close. I come to that conclusion based upon various scenarios I have run using a sp...
by lassevirensghost
Mon Feb 18, 2019 4:54 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 10309

Re: How many bogleheads do you know in real life?

I don't know a single one, and I am one now but the old me wasn't. The only exception is my spouse, who is amazing. Not into investing but so LBYM that all else simply follows from that.
by lassevirensghost
Tue Feb 12, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off cc balance with HSA funds?
Replies: 22
Views: 911

Re: Pay off cc balance with HSA funds?

So to maybe focus this back on the original question. If you use the HSA, you would be giving up taxes on the growth of the $2,500. If you figure 7% growth on a mixed portfolio over 20 years the 2500 grows to about 9,650 and it is all tax free. If you were to pull $2500 out of the HSA tax free due ...
by lassevirensghost
Tue Feb 12, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off cc balance with HSA funds?
Replies: 22
Views: 911

Re: Pay off cc balance with HSA funds?

I have seen people with 20k or 30k cc debt on here getting less flack than I am for a small cc balance. To be fair. Those folks with high accumulated high interest debt weren't asking if they should pay off a $2500 debt with an HSA account. Regardless of your intent it appeared that you were in dir...