Search found 2596 matches
- Mon Jan 04, 2021 6:15 pm
- Forum: Personal Investments
- Topic: Double-checking: Can I re-use existing Roth IRA for Megabackdoor?
- Replies: 3
- Views: 250
Re: Double-checking: Can I re-use existing Roth IRA for Megabackdoor?
As has already been stated, yep, it just goes into your normal, existing Roth. I do this at Vanguard 3x per year.
- Wed Dec 23, 2020 10:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: Employer contribution from solo 401k -- why does it depend on other normal income?
- Replies: 2
- Views: 255
Re: Employer contribution from solo 401k -- why does it depend on other normal income?
Fantastic, thanks, nolesrule. That's exactly what I was looking for.
- Wed Dec 23, 2020 7:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Employer contribution from solo 401k -- why does it depend on other normal income?
- Replies: 2
- Views: 255
Employer contribution from solo 401k -- why does it depend on other normal income?
So I'm using Oblivious Investor's calculator here https://obliviousinvestor.com/solo-401k-contribution-calculator/ to compute how much employer contribution I can add to my solo 401k. My sole proprietorship income is about $70000. If I make $100000 in normal W2 earnings as well, my employer contribu...
- Tue Dec 22, 2020 11:00 am
- Forum: Personal Finance (Not Investing)
- Topic: Solo 401k for side hussle when already near max of W2 401k
- Replies: 2
- Views: 216
Solo 401k for side hussle when already near max of W2 401k
I have a normal 401k with my W2 employer. There I contribute the maximum personal amounts, have some pre-tax matching from my employer, and also contribute after-tax (which I then roll over to a Roth in a "mega backdoor" fashion). This year I've also started up a side consulting business t...
- Sun May 24, 2020 12:54 pm
- Forum: Personal Investments
- Topic: Buying foreign ADRs on the OTC using Vanguard/Fidelity
- Replies: 15
- Views: 973
Re: Buying foreign ADRs on the OTC using Vanguard/Fidelity
I would gently nudge the OP towards Level 1 & 2 ADRs, which means that they are sponsored. The foreign company is participating in the ADR, has put itself under SEC supervision, and has to issue English american-standard reporting, like annual reporting. They can not be spontaneously delisted. ...
- Sun May 24, 2020 12:29 pm
- Forum: Personal Investments
- Topic: Buying foreign ADRs on the OTC using Vanguard/Fidelity
- Replies: 15
- Views: 973
Re: Buying foreign ADRs on the OTC using Vanguard/Fidelity
Thank you both very much, for both the traditional and expected Boglehead warnings, but also for the additional information you have provided. While I won't go into the details of why I want to establish this position, I understand the concerns you bring up and would be sizing my holdings appropriat...
- Sat May 23, 2020 1:12 pm
- Forum: Personal Investments
- Topic: Buying foreign ADRs on the OTC using Vanguard/Fidelity
- Replies: 15
- Views: 973
Buying foreign ADRs on the OTC using Vanguard/Fidelity
Almost all of my investments are indexed (either cap-weighted or fundamental) to broad market indices. However, I'm interested in establishing a small (~5%) portion of my AA for discretionary purchases. For a long time I've been interested in clean energy related stocks, of the type you might find i...
- Thu Apr 09, 2020 11:38 am
- Forum: Investing - Theory, News & General
- Topic: Does history have any lessons for what the long term effects of the Fed keeping things from failing?
- Replies: 10
- Views: 985
Re: Does history have any lessons for what the long term effects of the Fed keeping things from failing?
I am interested in the same question, and do not know if there are any closely-related historical analogues with which to compare. If you put a gun to my head and asked me to guess, my guess would be that in the short- and medium- term stocks are essentially without risk. The Fed can continue to pri...
- Wed Feb 27, 2019 11:11 pm
- Forum: Personal Investments
- Topic: $500 small balance withdrawal from 403b - just pay penalty?
- Replies: 10
- Views: 783
Re: $500 small balance withdrawal from 403b - just pay penalty?
Is it possible to create a second solo 401k, possibly at another broker, and rollover the funds to that new account? I doubt it. I believe a solo 401k is something that's more associated with the company/sole-proprietorship and not something you set up at multiple custodians. You can switch custodi...
- Wed Feb 27, 2019 8:02 pm
- Forum: Personal Investments
- Topic: $500 small balance withdrawal from 403b - just pay penalty?
- Replies: 10
- Views: 783
Re: $500 small balance withdrawal from 403b - just pay penalty?
Actually, it seems that Vanguard will let me put it in a traditional IRA, then roll it over to a Roth, despite it not being enough money to put it into any funds. It can just sit in cash before it gets transferred. So that's what we're doing now. Thanks everyone!
- Wed Feb 27, 2019 5:24 pm
- Forum: Personal Investments
- Topic: $500 small balance withdrawal from 403b - just pay penalty?
- Replies: 10
- Views: 783
Re: $500 small balance withdrawal from 403b - just pay penalty?
Seconding the above; it appears Ally Bank Online Savings IRA does not have a minimum balance Then, you could immediately convert it to a Roth IRA? You would still owe regular income tax, but I think that would get you out of the 10% penalty if rolled over within 60 days. That's an interesting optio...
- Wed Feb 27, 2019 3:40 pm
- Forum: Personal Investments
- Topic: $500 small balance withdrawal from 403b - just pay penalty?
- Replies: 10
- Views: 783
$500 small balance withdrawal from 403b - just pay penalty?
My wife had a small 403b balance from a previous employer. It's a measly $500 (the rest of her contributions were in a different account there). Vanguard (the custodian) auto-withdrew that money from the account, withheld taxes, and sent us a check. Presumably this happened because of a small balanc...
- Mon Jan 21, 2019 12:02 pm
- Forum: Personal Consumer Issues
- Topic: Paying thousands per ticket to attend the NFL Super Bowl?
- Replies: 138
- Views: 7995
Re: Paying thousands per ticket to attend the NFL Super Bowl?
Nope. I have a hard enough time making sure I have enough time for myself to work out. Definitely don't need to pay a bunch of money to watch other people do it.
- Sat Oct 27, 2018 3:25 pm
- Forum: Personal Investments
- Topic: For those waiting for a 'correction' ...
- Replies: 109
- Views: 1237399
Re: For those waiting for a 'correction' ...
For those waiting for a 'correction' ... Are you done waiting? Why or why not? Still waiting. Two things go into stock prices, the fundamentals and behavioral issues. It's hard to really gauge fundamentals (who knows what earnings are going to be going forward?), but I think behaviorally there are ...
- Fri Oct 19, 2018 9:12 am
- Forum: Investing - Theory, News & General
- Topic: Are bonds the Maginot Line of Modern Investing?
- Replies: 43
- Views: 4447
Re: Are bonds the Maginot Line of Modern Investing?
Nonetheless, I believe most investors (US) should have up to half their bond weighting in TIPS bonds. And that USians should generally buy the maximum number of ibonds they are allowed, every year (assuming other investing priorities are met). I personally own no Series I bonds. I'm not sure if tha...
- Wed Oct 17, 2018 3:23 pm
- Forum: Investing - Theory, News & General
- Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
- Replies: 315
- Views: 21125
Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
I think there are various good reasons why a US investor would be US-only for their investments (e.g., lower costs being reasonable). I personally do not find those reasons sufficient, and so I ideally hold closer to market weight (though I'm overweight international at the moment because I think th...
- Fri Oct 12, 2018 10:10 pm
- Forum: Investing - Theory, News & General
- Topic: Public companies as proxies for capitalism as a system
- Replies: 9
- Views: 968
Public companies as proxies for capitalism as a system
I feel like one of the comforts often brandied about when markets are dropping is the assumption that things will recover because they think the problems are not so serious that capitalism as a system will fail. And if we assume that capitalism will not fail, then the logic goes that owning the comp...
- Fri Oct 12, 2018 12:50 pm
- Forum: Investing - Theory, News & General
- Topic: Larry Swedroe: How A Multi-factor Portfolio Is Constructed Matters
- Replies: 5
- Views: 938
Re: Larry Swedroe: How A Multi-factor Portfolio Is Constructed Matters
I also got the impression that most multi-factor funds would do this, and it was in contrast to an investor holding separate holdings of value, momentum, quality, etc. factors.HEDGEFUNDIE wrote: ↑Fri Oct 12, 2018 12:27 pm So which of the commonly mentioned multi factor funds use the “bottoms up” approach?
- Wed Oct 10, 2018 10:08 pm
- Forum: Investing - Theory, News & General
- Topic: When will you backup the truck on stocks
- Replies: 102
- Views: 10627
Re: When will you backup the truck on stocks
VTI around 100 would probably cause me to do something irregular, or maybe VXUS around 35. VWO at 32-34 or so would make me a little jittery to buy a lot more too. Today's drop was nothing though. I can easily remember, say, VTI up at 125 and buying it then thinking it was a little frothy. Until VTI...
- Wed Oct 10, 2018 10:29 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 22390
- Views: 2963450
Re: Stocks tumbling?
Then 10 year is up .01% today. It does seem odd to see such a big drop in the absence of anything else. Stock prices don't respond to only the days events. The events prior to today weigh on investor's minds and then they take action, sometimes after a delay and after having discussed the issue wit...
- Wed Oct 10, 2018 9:42 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 22390
- Views: 2963450
Re: Stocks tumbling?
Anyone know what could potentially be causing this drop? There does not appear to be any significant recent events that could cause investors to be concerned. Bond yields going up. Also, the stock prices went up for a long, long time in absence of any positive recent events to justify those moves. ...
- Mon Oct 08, 2018 11:41 am
- Forum: Investing - Theory, News & General
- Topic: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
- Replies: 42
- Views: 3089
Re: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
Euphoria before a crash is typically the thing you see, but that's because euphoria is associated with dangerous risk taking. However, because of the artificially low interest rates we've had the past decade, people have been forced to take dangerous risks to get a decent return. Howard Marks calls ...
- Fri Oct 05, 2018 7:30 pm
- Forum: Investing - Theory, News & General
- Topic: Where is that value premium?
- Replies: 57
- Views: 4832
Re: Where is that value premium?
I expect to harvest the value premium when value index funds underperform the total market funds, so that I can buy more of the value index fund shares, then wait until they catch up and outperform the total market funds, then rebalance a bit out of the value index funds. Rinse and repeat ad nausea...
- Fri Oct 05, 2018 4:57 pm
- Forum: Investing - Theory, News & General
- Topic: Where is that value premium?
- Replies: 57
- Views: 4832
Re: Where is that value premium?
I think there are no premiums for folks who buy once and hold forever or hold for 20 years. I know you've mentioned this elsewhere before, but I've forgotten. How do you expect to harvest the value premium that you have in your portfolio (IIRC, you do have at least SV in your portfolio)? Or do you ...
- Fri Oct 05, 2018 10:55 am
- Forum: Investing - Theory, News & General
- Topic: Key differences between investing philosophies: Swedroe vs. Bogle
- Replies: 144
- Views: 9429
Re: Key differences between investing philosophies: Swedroe vs. Bogle
I think his signature says it all: "The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embraces simplicity." To describe education and learning as a path on which you've already reached the final destination is not a viewpoint I...
- Thu Oct 04, 2018 3:34 pm
- Forum: Investing - Theory, News & General
- Topic: Key differences between investing philosophies: Swedroe vs. Bogle
- Replies: 144
- Views: 9429
Re: Key differences between investing philosophies: Swedroe vs. Bogle
Unless I've been grossly misled, the breaking down of equity returns into exposures to various factors is a real phenomenon. Those factors may have a risk explanation, a behavioral explanation, or both. They may persist in the future or they may not. For me, I'm willing to believe they are real enou...
- Sat Sep 29, 2018 11:19 am
- Forum: Investing - Theory, News & General
- Topic: Should we stay in Crazytown because there's no where to run?
- Replies: 148
- Views: 20222
Re: Should we stay in Crazytown because there's no where to run?
Should we really just hold our noses and wait? This is a highly personal question. It depends on your risk tolerance, your willingness to accept tracking error, your judgement, and a host of other personal financial and psychological factors. The average investor, in past historical situations, was...
- Mon Sep 24, 2018 12:38 pm
- Forum: Investing - Theory, News & General
- Topic: Larry Swedroe: Factors Persist In Emerging Markets
- Replies: 31
- Views: 2702
Re: Larry Swedroe: Factors Persist In Emerging Markets
This is incorrect: "Factors Persist In Emerging Markets" This is correct: "Factors Have Persisted In Emerging Markets" This seems excessively pedantic, as the authors are clearly talking about what has happened up to now, and the title can be interpreted that way. We can only me...
- Mon Sep 24, 2018 11:22 am
- Forum: Investing - Theory, News & General
- Topic: Larry Swedroe: Factors Persist In Emerging Markets
- Replies: 31
- Views: 2702
Re: Larry Swedroe: Factors Persist In Emerging Markets
I'm glad to see this work. I assumed that the factors would persist in EM, but glad to see that research in that space continues to back this up. As for expenses, I've also been a little more lenient on ERs if I can get factor exposure for a good price. This was part of my decision for picking up so...
- Thu Sep 20, 2018 3:26 pm
- Forum: Personal Consumer Issues
- Topic: Need iPhone case recommendations
- Replies: 19
- Views: 1443
Re: Need iPhone case recommendations
I've always used Spigen Tough Armor and they have worked well. Can't say the other brands aren't better though.
- Thu Sep 20, 2018 12:11 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard MultiFactor fund vs ETF after tax return
- Replies: 6
- Views: 789
Re: Vanguard MultiFactor fund vs ETF after tax return
Rob, there was some discussion on this in another thread you might find interesting:
viewtopic.php?t=256790
viewtopic.php?t=256790
- Thu Sep 20, 2018 11:54 am
- Forum: Investing - Theory, News & General
- Topic: Momentum strategies and implementation costs
- Replies: 1
- Views: 326
Momentum strategies and implementation costs
Historically I haven't had any allocation to the momentum factor, though I am considering a small portion of my US equity exposure (~5%) to be put into Vanguard's new multi-factor ETF VFMF, which targets the factors of value, quality, and momentum. I already have lots of value exposure elsewhere in ...
- Fri Sep 14, 2018 7:43 pm
- Forum: Personal Investments
- Topic: Small cap tilt
- Replies: 87
- Views: 9030
Re: Small cap tilt
I overweight emerging markets because they are less correlated with the rest of my portfolio. They happen to be riskier as well, which increases my portfolio risk for a given stock allocation, but I can set my stock allocation freely to get a desired risk level. I would split my foreign stock 50/50...
- Fri Sep 14, 2018 12:10 pm
- Forum: Personal Investments
- Topic: Small cap tilt
- Replies: 87
- Views: 9030
Re: Small cap tilt
I have some tilt to small cap, both domestically and internationally (VB and VSS, as well as VBR). I have overweighted small cap, value, and emerging markets for years. Grabiner, how much do you overweight EM and with what justification? I overweight EM too actually but was curious about your % and ...
- Thu Sep 13, 2018 11:39 am
- Forum: Personal Consumer Issues
- Topic: Ready to buy iPhone 8 now, but..
- Replies: 39
- Views: 3839
Re: Ready to buy iPhone 8 now, but..
If the 8 isn't going to get a free storage upgrade anytime soon, then I figure I might as well upgrade now. My 5c is pretty much on its death bed.
- Wed Sep 12, 2018 3:17 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
I am very curious about the reason to be bullish about EM economies. I lived 25 years in an EM country and I visited a lot more. In my opinion is absolutely no reason to be bullish about them, at least not in my time horizon of several decades. The only reason I own some is speculative and hedging ...
- Wed Sep 12, 2018 11:51 am
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
So why not decide on 60% and move it all now? Well, long-term I'd probably like something like 40-50% international. Being based in the US, I'm okay with a little home country bias (both for relative wealth concerns, but mostly for the fact that it's cheaper for me to invest here and a lot cheaper ...
- Wed Sep 12, 2018 9:03 am
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
I have invested similar to you, but think EM in particular may be in for a bumpy ride. And if EM currencies go into distress, I think the IMF has revised it's opinion on currency controls and may not strive to protect investors as it had done in the past. I see nothing wrong with being 100% US whic...
- Wed Sep 12, 2018 8:27 am
- Forum: Personal Consumer Issues
- Topic: Ready to buy iPhone 8 now, but..
- Replies: 39
- Views: 3839
Re: Ready to buy iPhone 8 now, but..
Sorry, I got that backwards :oops: When I had an Android phone, that's how it worked and everything was seamless. Both cell phone number and GV number worked through the same app. With iOS, I had to adjust. What I did works for me but I don't recommend it. That is, my cell phone number used to forw...
- Wed Sep 12, 2018 8:11 am
- Forum: Personal Consumer Issues
- Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
- Replies: 1199
- Views: 199764
Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
But I'm curious if the 1.5 non-turbo engine is effected as well? At first I read that the non-Turbo wasn't affected, but then more recently I've seen people saying it is affected but just to a lesser degree. Though I'm not an expert in it since am like you and almost bought a CRV and don't actually...
- Tue Sep 11, 2018 10:40 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
Or, you are just pure market timing and hope to be lucky. You just buy whatever you think is cheap without thinking about whether it is above your ratio. I'm not dictating a general strategy here, so it shouldn't be approached that way. What do you think the default expectation is for US vs ex-US p...
- Tue Sep 11, 2018 6:58 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
The point isn't if your AA is reasonable, that's up to you to decide. The issue is you aren't willing to follow an IPS. That might work out fine, or it might not. What will you do if a bear comes along and starts attacking your portfolio? Wing it? Or follow your IPS? You're not wrong. It'll either ...
- Tue Sep 11, 2018 3:29 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
But when your savings are higher, to stick to your AA, you might only put $X into the most underperforming asset (like international) to bring it up to the proper AA amount, but then you have more savings left over, which "should" then be spread among other assets too (including even the ...
- Tue Sep 11, 2018 1:59 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
This is different than a value tilt. You are not tilting towards what is classified as "value" equities. You are tilting to what you have a hunch is a good value. https://www.investopedia.com/terms/v/valuestock.asp Unless there is good reason to treat international as a "value" ...
- Tue Sep 11, 2018 1:50 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
My other comment is you should know why you want international -other than Speculating the stocks ate cheap or cheaper than X. My reasons for holding 30% international are two fold: 1) More diversity, 2) potentially less correlated with U.S. stocks. My reasons for holding international are the same...
- Tue Sep 11, 2018 1:31 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
Frankly I’m confused. Why is your AA drifting so much? You clearly understand things well enough to adjust your contribution breakdown to stay within say a 5% band. Maybe I didn't explain it well. I could certainly rebalance or alter purchase decisions to get back within my AA. But my savings rate ...
- Tue Sep 11, 2018 1:10 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Re: Going off-track of asset allocation due to high savings rate
You are market timing. It may or may not work. Nobody knows (nothing). I respect you calling it "market timing", and to some degree I agree it is. That said, I think it's also a little extreme of a characterization. I just wanted to be making portfolio purchases that weren't so strongly s...
- Tue Sep 11, 2018 12:41 pm
- Forum: Personal Investments
- Topic: Going off-track of asset allocation due to high savings rate
- Replies: 47
- Views: 3424
Going off-track of asset allocation due to high savings rate
For over 10 years, I had implemented the same asset allocation that I originally set off with years ago. I'd do periodic rebalancing, and I'd commit new purchases to the assets which were under-weighted. Setting an AA and sticking with it is a great way to buy low/sell high, as well as control risk....
- Tue Sep 11, 2018 12:19 pm
- Forum: Personal Consumer Issues
- Topic: Ready to buy iPhone 8 now, but..
- Replies: 39
- Views: 3839
Re: Ready to buy iPhone 8 now, but..
The 5c does support wifi calling. https://support.apple.com/en-us/HT203032 And even if your carrier doesn't support it. You can get a Google Voice number for free and forward your calls so you still use your cell number and have wifi calling. Sure, I was a little loose in what I wrote. The 5c does ...
- Tue Sep 11, 2018 10:55 am
- Forum: Investing - Theory, News & General
- Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
- Replies: 53
- Views: 5440
Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
As has been noted many times on this forum before, Vanguard is also losing the fee battle in the solo 401k space, since they've long prevented individuals from holding admiral or ETFs there. This has caused lots of solo 401ks to go to Fidelity instead. I'm likely to move my wife's solo 401k to Fidel...