Search found 2896 matches

by Wiggums
Tue Apr 21, 2020 5:40 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1083

Re: FDGRX - Growth Fund vs. SP500

It is a large cap growth fund that is overweight in IT and consumer discretionary with ER of 0.83%. It could outperform since the crisis or not. That ER is way too high for my taste.
by Wiggums
Tue Apr 21, 2020 5:26 pm
Forum: Personal Investments
Topic: RDS.A vs. RDS.B – quickie question, please help!
Replies: 6
Views: 472

Re: RDS.A vs. RDS.B – quickie question, please help!

RDS.A is Royal Dutch Shell plc ADR Class A
RDS.B is Royal Dutch Shell plc ADR Class B

The “A” shares have a Dutch source for tax purposes and are subject to Dutch dividend withholding tax (15%), whereas the “B” shares have a UK source for tax purposes and are not subject to any withholding tax.
by Wiggums
Tue Apr 21, 2020 4:57 pm
Forum: Personal Investments
Topic: Accidentally bought put at higher price
Replies: 24
Views: 1871

Re: Accidentally bought put at higher price

I guess I’m less interested in knowing how to end this. What I’m really interested in is the underlying reason why this is possible so I can understand options better. I thought puts means I’m betting the market will go down so how could I purchase a put saying the market will go up? https://www.in...
by Wiggums
Thu Apr 16, 2020 10:20 am
Forum: Personal Investments
Topic: Holding individual stocks is stressing me out
Replies: 18
Views: 1530

Re: Holding individual stocks is stressing me out

If you sell stocks and buy other stocks, your decision is unrelated to what the market does. If the stock market falls, it will take down your old stocks just as much as it takes down the new stocks. There is also a tax reason to sell now. If the market rises and then you want to switch stocks, you...
by Wiggums
Thu Apr 16, 2020 10:15 am
Forum: Personal Investments
Topic: Switched employers--what do I do with retirement accounts?
Replies: 17
Views: 967

Re: Switched employers--what do I do with retirement accounts?

This information has exceeded my expectations! Thank you all very much for your time and assistance. This information has made me think about several variables I was not previously considering. I feel like I understand the variables better, too. Thank you all! The annual administrative fees are ess...
by Wiggums
Thu Apr 16, 2020 10:12 am
Forum: Personal Investments
Topic: Switched employers--what do I do with retirement accounts?
Replies: 17
Views: 967

Re: Switched employers--what do I do with retirement accounts?

+1 to terran’s post. Fidelity as a custodian is miles ahead of Principal in almost all facets: web site ease, costs, customer service, breadth of offerings, etc. You also said the previous employer has a governmental 457 plan, I wouldn’t be so quick to exit it. Non governmental 457 plans are really...
by Wiggums
Thu Apr 16, 2020 10:11 am
Forum: Personal Investments
Topic: I'm 20 and started a job, questions about savings
Replies: 9
Views: 821

Re: I'm 20 and started a job, questions about savings

I am a retired software developer. In this field it would be good to be prepared to be able to retire early even if you plan to work until you are a ripe old age. The problem is that as you get older it will be harder to keep up with the current skills and it is much harder to get new jobs as you g...
by Wiggums
Tue Apr 14, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: What in the world is propping up this market?
Replies: 206
Views: 20748

Re: Is this a market bubble?

The relief rally seems very normal after the big drop that we had. I don’t pay attention when people say that the bad news is priced in. Was it priced when we were down -37 from the highs or is tech priced right up 28% from the lows?? I have no answer for you, so I just buy weekly and ignore the noi...
by Wiggums
Sun Apr 12, 2020 6:45 pm
Forum: Personal Investments
Topic: How should I proceed?
Replies: 13
Views: 1139

Re: How should I proceed?

I remember all those in 1999 and early 2000 who were pronouncing their early retirement filled with beautiful evening sunsets and a pleasant life on the beaches thanks to their prolific Qualcomm, Dell, Cisco, and JDSU stock portfolios. :shock: CyclingDuo I remember those days as well. Never buying ...
by Wiggums
Sun Apr 12, 2020 3:37 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 9964

Re: What single individual stock would you buy?

BroIceCream wrote:
Sat Apr 11, 2020 12:21 pm
Marriott, MAR
MAR was a great price at $46 a share.

The problem right now is, once you miss a vacation, you don’t take two the following year. They furloughed their folks for 90 days.
by Wiggums
Sun Apr 12, 2020 3:22 pm
Forum: Personal Investments
Topic: Early Pension is tempting me...
Replies: 28
Views: 3315

Re: Early Pension is tempting me...

I didn’t have the option of a lump sum. Our company was acquired and they did not fund the pension trust fund at 100% like the previous employer. That was surprising to me and somewhat scary to me. I personally would rather have the cash and run. Especially if i wanted to leave s legacy. The monthly...
by Wiggums
Sun Apr 12, 2020 2:52 pm
Forum: Personal Investments
Topic: Fidelity In Kind Rollover Issue
Replies: 28
Views: 1371

Re: Fidelity In Kind Rollover Issue

Last week I helped my wife rollover her old Fidelity 401k into a Fidelity IRA. Due to high market volatility, I confirmed multiple times that the transfer would be done in kind and received a yes. Today I noticed a large amount of cash in her IRA rather than the mutual funds owned in the 401k. Afte...
by Wiggums
Sun Apr 12, 2020 2:45 pm
Forum: Personal Investments
Topic: How much cash is too much cash?
Replies: 73
Views: 8946

Re: How much cash is too much cash?

Uncertain times ahead. Thus. . . Cash. . . lot's of cash. . . . And, concurrently, pay down debt. j :happy This is my thought as well. We just lost two incomes and are having a hard time finding unemployment because our state has broken the system. Cash, Cash, Cash. If you aren't impacted by the cu...
by Wiggums
Sun Apr 12, 2020 1:55 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17342

Re: Ponzi Scheme?

I’d be interested in knowing what you decide to do. Hope this story has a happy ending.

Good luck to you...
by Wiggums
Thu Apr 09, 2020 8:28 am
Forum: Personal Investments
Topic: TDA vs Schwab platforms given upcoming merger
Replies: 4
Views: 297

Re: TDA vs Schwab platforms given upcoming merger

I don't know the answer, but I don’t see them converting the TDA accounts and eliminating the website. There will be changes, for sure. For example, procedures, policies, fees, rates, etc.
by Wiggums
Thu Apr 09, 2020 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Is saving $19k/yr worth having roommates? (California Bay Area)
Replies: 71
Views: 5644

Re: How much rent can I afford (California Bay Area)

You could afford rent of $2700 monthly on your income. The primary issue is do you really want to have a place all by yourself? Lots of young professionals thrive on the built-in social circle that roommates provide. Are you a social person or are you an introvert? Do you socialize with people from...
by Wiggums
Thu Apr 09, 2020 5:16 am
Forum: Personal Investments
Topic: [Panicked and moved to cash. What to do next?]
Replies: 106
Views: 12513

Re: I am a Massive Loser

As Bruce Williams used to say, if you've learned something from this then it was worth it. Hope everything works out for you; it will in the long run. Ha ha, 'been a long time since I've heard Bruce Williams cited. Good one. I used to listen to him all the time. Thanks. (I doubt if many out there k...
by Wiggums
Thu Apr 09, 2020 4:51 am
Forum: Personal Investments
Topic: Investment advice for 5-year timeframe
Replies: 14
Views: 809

Re: Investment advice for 5-year timeframe

I would not put money in the stock market with a five year timeframe and with your requirement not to lose any of the principal.
by Wiggums
Wed Apr 08, 2020 2:51 pm
Forum: Personal Investments
Topic: Is this a good time to invest in 529 plan?
Replies: 21
Views: 1385

Re: Is this a good time to invest in 529 plan?

I like 50% in 529 and the rest in taxable. If you put it all in taxable, you get maximum flexibility, but you will it will get partially taxed st the parents rate as the child gets older. Whatever you decide, put your contribution on auto pilot so that the contributions just happen without you. igno...
by Wiggums
Wed Apr 08, 2020 2:34 pm
Forum: Personal Investments
Topic: Wash sale - two different accounts
Replies: 6
Views: 373

Re: Wash sale - two different accounts

livesoft wrote:
Wed Apr 08, 2020 9:57 am
That is a wash sale as explicitly defined in IRS Publication 550. If he buys in an IRA (including a Roth IRA), then part or all of the loss realized in his taxable account is permanently disallowed and would give him no tax benefit.
I agree.
by Wiggums
Wed Apr 08, 2020 2:26 pm
Forum: Personal Investments
Topic: What do I do with cash??
Replies: 30
Views: 2453

Re: What do I do with cash??

The rates will be low for awhile. It was nice to get 3+% CDs whike it lasted.
by Wiggums
Wed Apr 08, 2020 9:38 am
Forum: Personal Investments
Topic: How often do you add money to stock market?
Replies: 48
Views: 3352

Re: How often do you add money to stock market?

Hey all, I have entered into the stock market for first time this year because of inheritance. I am 30 and still working with no debts. My question is, how often is it advised to put more money from work into the market? Do you guys try to put an amount in like the first of every month? Once a year...
by Wiggums
Wed Apr 08, 2020 9:36 am
Forum: Personal Investments
Topic: What time of the day is good to buy ETF / Index funds ?
Replies: 22
Views: 1801

Re: What time of the day is good to buy ETF / Index funds ?

The problem is that you don't know which way the market is going to to move. If the market rises Wednesday, it is better to buy on Tuesday than on Wednesday. But if the market falls Wednesday, you want to buy on Tuesday. Since the market rises slightly more than it falls (that is why it goes up in ...
by Wiggums
Wed Apr 08, 2020 9:11 am
Forum: Personal Investments
Topic: Follow Bernstein or Bogle
Replies: 99
Views: 7356

Re: Follow Bernstein or Bogle

I’m 64 and retired, my husband is a dentist hoping to work another 5 years but his office is closed indefinitely due to the pandemic. We have 95k in cash which is probably 4-6 months of expenses. We have no debt and own our home. We have a 500 k HELOC we can dig into for more cash if needed. We pan...
by Wiggums
Wed Apr 08, 2020 9:01 am
Forum: Personal Investments
Topic: dry powder increasing
Replies: 52
Views: 4639

Re: dry powder increasing

I continue to buy weekly, but earnings are not clear snd they fo matter. Hard to know what has been priced into the markets. People and businesses are still waiting for the stimulus. Medical supplies are still being made. As part of GEICO's ongoing efforts to assist customers during this unprecedent...
by Wiggums
Wed Apr 08, 2020 8:49 am
Forum: Personal Investments
Topic: Another Lump Sum vs Monthly Pension Question
Replies: 26
Views: 1413

Re: Another Lump Sum vs Monthly Pension Question

Life time income is a very nice thing to have. The 100% survived benefit is even more appealing. Certainly consider all the excellent advice you are receiving, but I would have as your default to take the pension and become convinced otherwise. It is certainly nice to have base income for you and y...
by Wiggums
Mon Apr 06, 2020 9:27 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11012

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

Bogleheads, As a maturing Boglehead, i'm not panicking but I am concerned with a loss of about 8% total in my portfolio due to current conditions. I have a great emergency fund so I'm stable. No job impacts (still working, differently), although my stock grants are now likely to be sold at a loss. ...
by Wiggums
Mon Apr 06, 2020 9:26 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11012

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

CardioMD wrote:
Sat Apr 04, 2020 6:10 pm
Working my butt off and going all in on FXAIX. As much as I can spare. In my late 30s so my time horizon is still long.
FXAIX - Fidelity® 500 Index Fund
by Wiggums
Mon Apr 06, 2020 9:06 am
Forum: Personal Investments
Topic: Noticed small discrepancy with VTSAX purchase and share count
Replies: 5
Views: 536

Re: Noticed small discrepancy with VTSAX purchase and share count

saver1 wrote:
Mon Apr 06, 2020 1:13 am
Is this something to be concerned about? Is it better to switch to ETF or is the bid/ask spread of the ETF a comparable drawback?
It’s nothing to be concerned about.
by Wiggums
Mon Apr 06, 2020 9:00 am
Forum: Personal Investments
Topic: Benefits/novelty of single share of BRK.B?
Replies: 21
Views: 1702

Re: Benefits/novelty of single share of BRK.B?

In recent years, Buffett has been very clear that investors should not expect the same results going forward. In his 2014 annual letter to shareholders, Buffett said that "Berkshire's long-term gains ... cannot be dramatic and will not come close to those of the past 50 years." The problem is that B...
by Wiggums
Mon Apr 06, 2020 8:55 am
Forum: Personal Investments
Topic: TLH - Exchanging individual stocks for VTI?
Replies: 5
Views: 203

Re: TLH - Exchanging individual stocks for VTI?

livesoft wrote:
Mon Apr 06, 2020 8:49 am
Yes, you can sell individual stocks at a loss and buy VTI without triggering a wash sale from those actions.
+1
by Wiggums
Mon Apr 06, 2020 7:40 am
Forum: Personal Investments
Topic: talk me out of reducing equity exposure
Replies: 35
Views: 2285

Re: talk me out of reducing equity exposure

I’m 58, retired and I have no desire to sell. In fact, I am buying more stock. I would expect the second quarter numbers to be worse, but any slowing of the virus or scientific break through will send the markets higher. I’d encourage you to think big picture i stead of the immediate issue before up...
by Wiggums
Sun Apr 05, 2020 6:27 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 35
Views: 2953

Re: 100% cash in this unprecidented time?

I like that you have 20% stock. Seems very reasonable for your situation. I wouldn’t sell the stock, if your intent is to get back in. Yes, the virus is very contagious, but generally, people are staying home. I would be more worried if we open up too soon and then need to stsy home a second time.
by Wiggums
Sun Apr 05, 2020 9:57 am
Forum: Personal Investments
Topic: For Retirees Without Pensions .... Fixed Portion?
Replies: 32
Views: 3204

Re: For Retirees Without Pensions .... Fixed Portion?

It feels too complex for me. I want a simple portfolio, I would hold a couple of years in Money Market for peace of mind and the rest in Total Bond. But you can do anything you want. At 35x and 50/50, you have enough assets to put your fixed allocation under the mattress in $100 bills and still hav...
by Wiggums
Sun Apr 05, 2020 9:25 am
Forum: Personal Investments
Topic: Fed Backing All Money Market Funds
Replies: 17
Views: 1753

Re: Fed Backing All Money Market Funds

the Fed's Board of Governors said the Federal Reserve Bank of Boston would administer a new Money Market Mutual Fund Liquidity Facility (MMLF) to "make loans available to eligible financial institutions secured by high-quality assets purchased by the financial institution from money market mutual fu...
by Wiggums
Sun Apr 05, 2020 9:20 am
Forum: Personal Investments
Topic: Portfolio Advice - Mid-Term and Long-Term Goals. Best way to achieve both?
Replies: 5
Views: 431

Re: Please Review My Portfolio

Homeownership is a good thing, but not at any cost. Renting does have its advantages when the housing costs are astronomical. It also makes more sense to rent when you cannot protect your investment against natural disasters such as flood, earthquake, volcanic activity, forest fires, etc. Good luck ...
by Wiggums
Sun Apr 05, 2020 9:07 am
Forum: Personal Investments
Topic: Using Vanguard Personal Advisor Services
Replies: 30
Views: 1013

Re: Using Vanguard Personal Advisor Services

I use mutual funds because I can automate the purchases. Also, it stops me from tinkering. Vanguard pulls the money from my bank and buys the funds. Allows me to do other fun things!
by Wiggums
Sun Apr 05, 2020 8:59 am
Forum: Personal Investments
Topic: Where to park a house fund?
Replies: 21
Views: 1945

Re: Where to park a house fund?

My first choice would be a no penalty CD. Who knows when you will find the right house.
by Wiggums
Sat Apr 04, 2020 8:06 pm
Forum: Personal Investments
Topic: Why Do So Many Recommend 70% - 100% Stocks?
Replies: 167
Views: 9513

Re: Why Do So Many Recommend 70% - 100% Stocks?

"Age in Bonds" is a pretty sound guideline; you just adjust it every 5 years or so. I have also known risk-averse friends who have done 50/50 their whole lives and have done just fine. "Age in bonds" is a TERRIBLE guideline. It's only approximately right for a short window of time around the tradit...
by Wiggums
Sat Apr 04, 2020 7:23 pm
Forum: Personal Investments
Topic: Investing on margin
Replies: 13
Views: 833

Re: Investing on margin

Assuming the has another big market drop and rates so low, would it be a good idea to invest on margin? If things went further south, I could sell some of my taxable investments to cover it. I currently have no debt, but will likely buy a house in 2-5 years. That money is separate from my investmen...
by Wiggums
Sat Apr 04, 2020 6:00 pm
Forum: Personal Investments
Topic: Opening an Account: Vanguard vs. Fidelity
Replies: 52
Views: 5135

Re: Opening an Account: Vanguard vs. Fidelity

mcraepat9 wrote:
Sun Apr 28, 2019 6:39 pm
Choosing between these two custodians is a rounding error in your overall plan. Just pick one and move on. If you only plan on using Vanguard ETFs then probably choose Vanguard (though maybe consider plain vanilla mutual funds too).
+1
by Wiggums
Sat Apr 04, 2020 5:59 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72329

Re: Has Covid-19 changed you?

Has Covid-19 permanently changed you and the way you and the way you are planning to to approach life and investing? Investing wise it has been for the most tartan affirmation of what I have been doing up to this point. Life wise, it has really helped me focus on what is important to me and the dir...
by Wiggums
Sat Apr 04, 2020 5:46 pm
Forum: Personal Investments
Topic: TLH of 6-figure loss?
Replies: 68
Views: 5019

Re: TLH of 6-figure loss?

Instead of waiting 31 days to re-buy VTIAX, many investors that tax-loss harvest would exchange VTIAX to VFWAX, so that if the stock market went up in that time they would get the benefit of that increase. You may have noticed that the stock market went up more then 15% since the lows in the past f...
by Wiggums
Sat Apr 04, 2020 5:09 pm
Forum: Personal Investments
Topic: Wife's IRA Mutual fund has a 0% return since Oct 2013
Replies: 20
Views: 1103

Re: Wife's IRA Mutual fund has a 0% return since Oct 2013

justsomeguy2018 wrote:
Sat Apr 04, 2020 3:48 pm
Do not invest in high fee funds (I am assuming that must be the bulk of the difference).
That says it all...
by Wiggums
Fri Apr 03, 2020 6:53 pm
Forum: Personal Investments
Topic: Odd 401K Match
Replies: 16
Views: 662

Re: Odd 401K Match

My First plan was only limited by the IRS limit. When we were acquired, the management implemented a similar rule — with a per paycheck cap and match.
by Wiggums
Thu Apr 02, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?
Replies: 30
Views: 2880

Re: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?

My question certainly didn't imply that I was looking to cheat or lie. Is there some way to amend/withdraw a return by stating that a full return will be filed later in accordance with the extension allowances? On a related note, am I right in assuming that I will in fact be penalized for having fi...
by Wiggums
Thu Apr 02, 2020 11:10 am
Forum: Personal Investments
Topic: Merrill Edge Money Market options
Replies: 5
Views: 378

Re: Merrill Edge Money Market options

HappyJack wrote:
Thu Apr 02, 2020 9:13 am
Looking to park some cash in Merrill Edge account. What have folks used as an option there? Thanks
How about a no penalty cd?
by Wiggums
Thu Apr 02, 2020 10:56 am
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9622

Re: Does anyone else just not care/worry?

I work in healthcare and am more worried about potential job impact, more than what my portfolio has done. I would think that healthcare jobs would be the most stable at this time. what factors are causing the worry? Not all healthcare jobs are stable. Hospital system furloughs 500 workers amid fin...
by Wiggums
Thu Apr 02, 2020 10:38 am
Forum: Personal Investments
Topic: cancel Whole Life policy in this situation?
Replies: 22
Views: 1656

Re: cancel Whole Life policy in this situation?

So what should she do? 1. Save all the money she can. 2. Don’t get fixated on “tax free”, her tax bracket will likely be much lower in early retirement. 3. She can look at annuities at retirement time (her age and low interest rate environment says that this is not the time to buy annuities) but si...