Search found 11830 matches

by abuss368
Mon Dec 11, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 67
Views: 7205

Re: Just not getting it

Let me think (images of Lucent, America On Line, Pets.com, Enron, Worldcom, Global Crossing, America Home Mortgage, Lehman Brothers, Bear Sterns, Washington Mutual, Merrill Lynch, Countrywide Home Mortgage.....coming to mind)......hmmmmm. This is one of the ubiquitous warnings that gets touted the ...
by abuss368
Mon Dec 11, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

My 23 YO daughter started new job. Company offered a nice 403b match of 6% (100%!) thru Fidelity Netbenefits. I was estatic about the match & also that the provider was Fidelity. Since my wife's 403b with Fidelity has well over 100 funds available, predominatley Fidelity I assumed they'd be similar...
by abuss368
Mon Dec 11, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 59
Views: 5809

Re: CPA: The best profession if you want to make the most money + keep the most money?

I'm a CPA that has worked in public practice (tax) and now am in Commercial Real Estate development. The key to making money as a CPA is using the knowledge the CPA provides to leverage that into industry - at least that has been my experience. If you are going to become CPA because you think you'r...
by abuss368
Sun Dec 10, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Four Fund Portfolio
Replies: 131
Views: 25162

Re: Vanguard - Four Fund Portfolio

sambb wrote:
Sat Dec 09, 2017 9:41 pm
i agree with four funds over 3 fund portfolio, and i think that the overall vanguard weigthings are fine
Thanks.
by abuss368
Sun Dec 10, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 87
Views: 6028

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

1. Life is 20 percent doing smart things and 80 percent not doing dumb things. 2. The best lives, careers, families, retirements, etc. are planned. Good luck happens when opportunity meets preparation. 3. Whoever said that money is the root of all-evil was either a fool or a con artist. Lack of mon...
by abuss368
Sun Dec 10, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard economic and market outlook for 2018
Replies: 27
Views: 2384

Re: Vanguard's 2018 Outlook has extremely low expected returns

I thought some people might be interested in Vanguard's 2018 investment outlook. It has very muted return expectations. Additionally, portfolio tilting isn't expected to help much. You can read the report here: https://advisors.vanguard.com/VGApp/iip/site/advisor/researchcommentary/article/IWE_InvR...
by abuss368
Sun Dec 10, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 10079

Re: Prepayment of SALT Taxes? [State and Local]

I read the link in the second post by LadyGeek from TurboTax. That says prepaying the state tax is deductible in the current year. However, what I did not see (or missed), in this thread is what happens if the state income tax becomes non-deducible (for whatever reason) in the following year. It se...
by abuss368
Sun Dec 10, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 67
Views: 7205

Re: Just not getting it

I posted most of this in another post but I suspect that thread is not being looked at much at this point so I'd like to post it again because it is for me a foundational question re the BH approach to investing that I can't come to terms with. I've read several of the core BH investing books and u...
by abuss368
Sun Dec 10, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds? Thanks, Jim Jim: The money I cannot afford to lose is in diversified, reasonably safe, Vanguard Total Bond Market Index Fund and cash in the bank. My exa...
by abuss368
Sun Dec 10, 2017 3:04 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6027

Re: Any thoughts on The Aurora Report? [Arora Report]

In Jack Bogle's "The Little Book of Common Sense Investing", Jack recommends that for the investors who are so inclined to trade in individual stocks, to create a "funny money" account and allocate no more than 5% of your investment portfolio for these purposes. This will serve two purposes: 1) sat...
by abuss368
Sun Dec 10, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 353

Re: Which version of tax software?

pshonore wrote:
Sun Dec 10, 2017 10:40 am
All versions of Turbo Tax will handle this assuming you get the CD or download file. No guarantees if you use the online version
I used Turbo Tax for years and recommend the product.
by abuss368
Sun Dec 10, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 353

Re: Which version of tax software?

:sharebeer
livesoft wrote:
Sun Dec 10, 2017 10:08 am
abuss368 wrote:
Sun Dec 10, 2017 10:05 am
For $800 of income? Yes, I would be inclined to not worry too much.
I wouldn't worry at all.
by abuss368
Sun Dec 10, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard - Four Fund Portfolio
Replies: 131
Views: 25162

Re: Vanguard - Four Fund Portfolio

What is the probability that at some point in the future, Vanguard recommends a U.S. and International stock allocation that is 50%/50%? This would be more aligned with world weight.

Is may certainly be the easiest in terms of tracking and rebalancing.
by abuss368
Sun Dec 10, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 353

Re: Which version of tax software?

noco-hawkeye wrote:
Sun Dec 10, 2017 10:04 am
Also, I'm not a tax expert. :D
Is anyone? :mrgreen:
by abuss368
Sun Dec 10, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 353

Re: Which version of tax software?

livesoft wrote:
Sun Dec 10, 2017 10:03 am
Risk is minimal? One has to report it on Schedule C and the risk is zero.
For $800 of income? Yes, I would be inclined to not worry too much.
by abuss368
Sun Dec 10, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 10079

Re: Prepayment of SALT Taxes? [State and Local]

If one pays and deducts the 2018 estimated tax in 2017 and the deduction is subsequently disallowed, how would this affect the ability to deduct it in 2018? Normally the requirements for a deduction are that the tax must be paid in the tax year when the deduction is taken. In my opinion this would ...
by abuss368
Sun Dec 10, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 353

Re: Which version of tax software?

You would be fine with either H&R Black or Turbo Tax. For a YTD income amount of $800, I would not worry too much. You can report on a Schedule C (along with expenses ordinary and necessary, if any) and pay self employment taxes on the income. The other alternative that I have seen, is simply report...
by abuss368
Sun Dec 10, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 10079

Re: Prepayment of SALT Taxes? [State and Local]

I've been playing with Turbotax. The very short answer that seems to be the case for me, is that if you are subject to AMT solely because of SALT deductions, I'm not sure that prepaying 2018 taxes (assuming it can be done) helps much. FWIW, I am I have an AGI of ~$400,000 and deductible SALT taxes ...
by abuss368
Sun Dec 10, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

Thank you for your response. What is your definition on the market portfolio? Rowan Oak - In my opinion a market portfolio is a few total market funds, or the individual funds, which cover the world's investable assets. The individual allocations between stocks and bonds, as well as any sub allocat...
by abuss368
Sun Dec 10, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

My 23 YO daughter started new job. Company offered a nice 403b match of 6% (100%!) thru Fidelity Netbenefits. I was estatic about the match & also that the provider was Fidelity. Since my wife's 403b with Fidelity has well over 100 funds available, predominatley Fidelity I assumed they'd be similar...
by abuss368
Sun Dec 10, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

You either choose the simple 3-fund (or ETF) portfolio of Total Stock Market, Total International, and Total Bond Market, properly allocated OR you try to beat the market by tilting/factors/market timing. Is this too simplistic? Is this not what it all boils down to? The three-fund portfolio discus...
by abuss368
Sun Dec 10, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1923
Views: 1180022

Re: The Three-Fund Portfolio

After years of reading on Bogleheads trying to understand the fundamental principles of many different investment strategies discussed here it always seems to come back to the same inescapable conclusion: You either choose the simple 3-fund (or ETF) portfolio of Total Stock Market, Total Internatio...
by abuss368
Sat Dec 09, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Four Fund Portfolio
Replies: 131
Views: 25162

Re: Vanguard - Four Fund Portfolio

Bogleheads - Predictions for the coming year related to the Vanguard Four Fund Portfolio? Will Vanguard investment experts be changing any allocations? Presently Vanguard recommends a stock allocation that is 60% Total Stock Index and 40% Total International Stock Index. The bond allocation recommen...
by abuss368
Sat Dec 09, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3123
Views: 917870

Re: What Movie Have You Recently Watched?

We are watching "Boiler Room".
by abuss368
Sat Dec 09, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 201
Views: 33113

Re: Bonds - Throw it all on the table!!!

Bogleheads - I started this thread almost 4 years ago and it has provided a wealth of information, strategies, and perspective. I am curious, since I started this thread, if thoughts and perspectives have evolved or changed regarding International Bonds as an asset class and the strategy as recommen...
by abuss368
Sat Dec 09, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 201
Views: 33113

Re: Bonds - Throw it all on the table!!!

I am curious in terms of how many Bogleheads hold Treasury bonds in a taxable account.
by abuss368
Sat Dec 09, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 26
Views: 2868

Re: Vanguard year end distributions - updated estimates

I have wonder why, with many indexes including REITs for example, the qualified dividends portion is not lower.

I am always interested in how this works behind the scenes and ultimately arrived at for reporting purposes.
by abuss368
Sat Dec 09, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 26
Views: 2868

Re: Vanguard year end distributions - updated estimates

Actually, it is not strictly determined by the amount of time an investor hold shares although that can be part of it. It "may be" determined by one's personal holding time, but the 1099-DIV won't necessarily show that because one's financial institution usually doesn't track that at first. So I wa...
by abuss368
Sat Dec 09, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1390

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

I'll consider more bonds in tax-deferred. There's a more room if I lighten up on Wellington and American Balanced. In taxable I'll consider Intermediate Treasury fund. Plan to wait until at least January to make any changes. Many investment experts, such as David Swensen Yale University's CIO, reco...
by abuss368
Sat Dec 09, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3704

Re: Does a Boglehead ever time the market?

...this is only the third time in history the stock market has been this overpriced (the other two times ended very badly) "Ended very badly" for whom? Did it really "end very badly" for someone who stayed the course? Are you assuming that those hypothetical investors who jumped in at the peak (at ...
by abuss368
Sat Dec 09, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3704

Re: Does a Boglehead ever time the market?

Hi all, this is my first post… I have just finished The little Book of Common Sense Investing. The reoccurring theme that Mr Bogle reiterates is reversion to the mean. As a beginner investor I am looking at investing in index funds. However the Shiller PE Ratio is 32, this is only the third time in...
by abuss368
Sat Dec 09, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 10079

Re: Prepayment of SALT Taxes? [State and Local]

One may want to consider the prepayment (if not subject to AMT) with the possible pending changes for next year.
by abuss368
Sat Dec 09, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1390

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

A lot of articles and discussion over the years appear to recommend no higher than a 50% of bond allocation to tax exempt bonds . A couple years ago Alan Roth was suggesting no more than 20% munis in a bond allocation. http://blog.aarp.org/2015/07/14/4-reasons-not-to-load-up-on-muni-bonds/ Muni bon...
by abuss368
Sat Dec 09, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 26
Views: 2868

Re: Vanguard year end distributions - updated estimates

I have about 100 REIT (VGSLX) funds in my portfolio. Net income availability says $1.32 but estimated QDI says 0%. Does that mean I am supposed to receive $132 ($1.32 x 100) but there won't be any dividend payout so I get $0 as dividend? All dividends are ordinary dividends (unless from tax-exempt ...
by abuss368
Sat Dec 09, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 146
Views: 7914

Re: Do people still use AAA?

Toons wrote:
Sat Dec 09, 2017 11:58 am
Traveling now,
For maps,directions,,,Google.(ok google find pizza near me :happy )
Geico for roadside if needed.



:mrgreen:
Try Siri from Apple!
by abuss368
Sat Dec 09, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6054

Re: "Financial Shock" wealth

The state of many families finances is very concerning. We must continue to provide assistance and financial education and make a difference one person at a time.
by abuss368
Sat Dec 09, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1390

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

aristotelian wrote:
Sat Dec 09, 2017 11:17 am
Some of it has to do with the tax plan that we are not allowed to discuss and rich people and institutions speculating that the tax advantages of munis are no longer worth the risk.
Interesting.
by abuss368
Sat Dec 09, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6027

Re: Any thoughts on The Aurora Report? [Arora Report]

In Jack Bogle's "The Little Book of Common Sense Investing", Jack recommends that for the investors who are so inclined to trade in individual stocks, to create a "funny money" account and allocate no more than 5% of your investment portfolio for these purposes. This will serve two purposes: 1) sati...
by abuss368
Sat Dec 09, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6027

Re: Any thoughts on The Aurora Report? [Arora Report]

All good answers. Thank you. I've heard them before and they make sense on the surface. But I'm confounded by the following comparison to TSM I've done multiple times with numerous stocks that don't require any analytic skills at all to come up with. I came up with the common list below--and there ...
by abuss368
Sat Dec 09, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6027

Re: Any thoughts on The Aurora Report?

9-5 Suited wrote:
Sun Nov 27, 2016 10:08 pm
"....... or what Jane Bryant Quinn called investment porn........"

- Larry Swedroe
I recall the first day I read this term on the forum. I could not believe my eyes. After a small laugh, it became apparent that this was a very good description.
by abuss368
Sat Dec 09, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6027

Re: Any thoughts on The Aurora Report? [Arora Report]

It is a paid investment newsletter than gives advice re: stocks, bonds, precious metals etc. Any one have any experience or thoughts? Hi petergibbons - Interesting. In my experience most investment newsletters have not delivered on their promises. Many years ago, when we believed we were smarter th...
by abuss368
Sat Dec 09, 2017 11:29 am
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 17
Views: 1489

Re: Holiday thanks to Bogleheads. How have they helped you?

In the spirit of the Holidays and end year period, it might be nice to recognize everyone for the gracious help they've given on the journey to "Bogleheadville" and Financial Independence. QUESTION: 0 Who? 1 How have they helped you? 2 What area of FI or type of advice,etc? Me: :D To name just a fe...
by abuss368
Sat Dec 09, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 59
Views: 5809

Re: CPA: The best profession if you want to make the most money + keep the most money?

I'm a CPA that has worked in public practice (tax) and now am in Commercial Real Estate development. The key to making money as a CPA is using the knowledge the CPA provides to leverage that into industry - at least that has been my experience. If you are going to become CPA because you think you'r...
by abuss368
Sat Dec 09, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 59
Views: 5809

Re: CPA: The best profession if you want to make the most money + keep the most money?

The best profession is to be found by knowing oneself and finding what you love and are passionate about. From that, the money will come, the career satisfaction will be found, and personal fulfillment and growth will be realized. Without those things, all the money in the world will not fill the e...
by abuss368
Sat Dec 09, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1390

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

Thank you to all of you for your insights. They are similar to what I was guessing -- all the unknowns in tax changes,etc. -- and so I feel less like I missed something big. Thank you. As for the question about investing in Total Bond, until now that has not seemed like a good option due to taxes b...
by abuss368
Fri Dec 08, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1390

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

Are you considering Total Bond in taxable instead?
by abuss368
Fri Dec 08, 2017 8:44 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4034

Re: "Think you can time the stock market? Look at this chart first"

We gave up thinking we were smarter than the market years ago. Thank you Jack Bogle for Vanguard and mutual funds.
by abuss368
Fri Dec 08, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 26
Views: 2868

Re: Vanguard year end distributions - updated estimates

Thank you. Great present at year end!
by abuss368
Fri Dec 08, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17641

Re: Where to buy a Vanguard hat? An Update and bad news

I talked with Connie at Vanguard this morning. My coffee mug is on the way!

She also asked if I was a Boglehead and attended the conference.
by abuss368
Fri Dec 08, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6982

Re: Jack Bogle Is Worried About U.S. Pensions

The pension crisis has been below the surface for well over a decade. At some point this is going to bubble up. Pensions are generally funded by portfolios of stocks, bonds and real estate. If you believe in reversion to the mean stocks and bonds are going to have significant headwinds going forwar...