Search found 11999 matches

by abuss368
Fri Jan 19, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Careers
Replies: 6
Views: 565

Re: CPA Careers

There is always public accounting which encompasses alot of different things but the two largest is tax and auditing services. I would say starting salaries vary by location and size of firm but I would guess mid $50k for someone out of college going to a large firm in most areas. I started at $52k...
by abuss368
Wed Jan 17, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Book Suggestions
Replies: 14
Views: 923

Re: Book Suggestions

The Bogleheads Guide to Investing and The Bogleheads Guide to Retirement are also two more excellent choices.
by abuss368
Wed Jan 17, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Fund Reports, SAI, & Prospectus
Replies: 6
Views: 424

Re: Vanguard - Fund Reports, SAI, & Prospectus

I am planning to delete from my computer.
by abuss368
Tue Jan 16, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: In this case, put bonds in taxable?
Replies: 10
Views: 724

Re: In this case, put bonds in taxable?

I would do what I am actually doing now: 1. 100% equities in taxable account. 2. All bonds go in tax-deferred. 3. Conversions to Roth IRA happening. 4. Taxes on qualified dividends and realized long-term capital gains taxed at 0% because I keep taxable income low. 5. Did I say this: Zero bonds in t...
by abuss368
Tue Jan 16, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Book Suggestions
Replies: 14
Views: 923

Re: Book Suggestions

Two of my favorites:

* Jack Bogle "Enough" - This is about money, business, and life!

* Jack Bogle "The Little Book of Common Sense Investing".
by abuss368
Tue Jan 16, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett is a Boglehead
Replies: 52
Views: 5753

Re: Warren Buffett is a Boglehead

I myself spend a heck of a lot more than 6-8 hrs/wk on investments, but that is because I really enjoy reading all this stuff. Don Hi Don - One of the benefits of investing in low cost and diversified index funds is there is minimal time if any required. Six - eight hours a week sounds excessive. I...
by abuss368
Mon Jan 15, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?
Replies: 9
Views: 1224

Re: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?

I believe Benjamin Graham, mentor to Warren Buffett recommended that all investment portfolios have at least 25% to bonds.
by abuss368
Mon Jan 15, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 87
Views: 8799

Re: Besides Bogleheads, What Are Your Favorite Forums?

Is the Bogle Financial Markets Research Center website no longer updated? Many of the speeches and books appear to be from prior years.

http://www.vanguard.com/bogle_site/bogle_home.html
by abuss368
Mon Jan 15, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?
Replies: 9
Views: 1224

Re: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?

Investors should expect a 50% decline (or more) in stocks during a bear market. One benefit of bonds in an investment portfolio is having a pool of funds available to rebalance into stocks. This was invaluable during the financial crisis. If there are no bonds available, one must rely on contributio...
by abuss368
Mon Jan 15, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?
Replies: 9
Views: 1224

Re: Changing Vanguard 3 Fund Portfolio to 2 fund portfolio?

bg5 wrote:
Mon Jan 15, 2018 11:18 am
"..........a small amount in a taxable IRA. Our risk tolerance is extremely high...."
What is a taxable IRA? Is this a Traditional IRA?
by abuss368
Mon Jan 15, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 87
Views: 8799

Re: Besides Bogleheads, What Are Your Favorite Forums?

For investing, I like the Bogleheads as the best!

I do click on the Morningstar Bogleheads Unite and Morningstar Vanguard Funds. However, both of those forums have barely any activity or posts. I am curious if Morningstar will continue to host both of these forums.
by abuss368
Sat Jan 13, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Vanguard merchandise
Replies: 4
Views: 468

Re: Vanguard merchandise

Yes, I ordered a coffee mug and received it in two days. I emailed and called Connie and everything was very easy.
by abuss368
Fri Jan 12, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1631

Re: mlp's Master Limited Partnerships

Anyone ever look at the sample Form K-1 for Blackstone on their website. Nightmare would be a big understatement.
by abuss368
Fri Jan 12, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 85
Views: 7696

Re: REIT or No REIT

What a coincidence it is near a 52 week low and most want to get rid of them. Here's a different opinion when they were booming: https://www.bogleheads.org/forum/viewtopic.php?t=52866 Stay the course, folks. If they were good back then they are still good now. I am rebalancing in since that's what ...
by abuss368
Thu Jan 11, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Buffett on bonds
Replies: 34
Views: 4951

Re: Buffett on bonds

I think the story of Warren Buffett is amazing. That said, his advice is very general to the ordinary investor. I find myself following Jack Bogle's advice more. That said I would not sleep well with no bonds with 90% in stocks and 10% in cash. Best. I thought Buffett advocated 90% stocks and 10% g...
by abuss368
Thu Jan 11, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Buffett on bonds
Replies: 34
Views: 4951

Re: Buffett on bonds

I think the story of Warren Buffett is amazing. That said, his advice is very general to the ordinary investor. I find myself following Jack Bogle's advice more. That said I would not sleep well with no bonds with 90% in stocks and 10% in cash.

Best.
by abuss368
Wed Jan 10, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225504

Re: The Three-Fund Portfolio vs Schwab Robo Advisor Portfolio

Thank you Mister Taylor, I found this interesting (from Mister Alan's article), it is related to your signature. "I’ve long since learned that complexity, expenses and emotions are the enemies of the investor. So far, Schwab remains part of a very large group of investors that seek to outsmart simp...
by abuss368
Wed Jan 10, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1775

Re: Personal Finance Magazine

Many years ago I had a trial subscription to Business Week. I never signed up for the regular subscription.
by abuss368
Wed Jan 10, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1775

Re: Personal Finance Magazine

While not a traditional magazine per se, I have slowly eliminated the volume of magazine and investment porn that I used to read. I am still reading REIT Magazine (which is free) but it is more along the lines of company specific information and of little or no value to a stay the course mutual fund...
by abuss368
Tue Jan 09, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225504

Re: The Three Fund Portfolio tops 8 Professionally designed Lazy Portfolios

Bogleheads: The Bogleheads Three-Fund Portfolio, the same as Allan Roth's Second Grader Starter Portfolio , continues to beat seven other professionally designed Market-Watch Lazy Portfolios over the past 1-yr; 3-yrs; 5-yrs. and 10-years (the 10-year period contains both a bad bear market and a lon...
by abuss368
Sun Jan 07, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17139

Re: Why Buy Bonds If You Have A Mortgage?

Suppose you have a too heavy stock allocation ... (my own situation given the last couple of years without rebalancing). I also have a mortgage at 2.625 %. I could/should rebalance by selling some stock and purchasing bonds/cds but my question is more what should I do with future/present extra inco...
by abuss368
Sun Jan 07, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17139

Re: Why Buy Bonds If You Have A Mortgage?

In my opinion over time one builds their Balance Sheet. That is by increasing assets and decreasing liabilities. Specifically, bonds and your mortgage serve two different purposes. On one hand your bonds provide safety to an investment portfolio as well as offering future rebalancing when the next s...
by abuss368
Sun Jan 07, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2009
Views: 1225504

Re: "Three-Fund Portfolio 2017 Update"

Taylor, Thank you for continuing to share this information and encouragement. Over the past couple of years I have converted all of my retirement assets over to the three-fund portfolio and have never felt more comfortable about my portfolio! Best regards, FrugalYankee Hi FrugalYankee - You have a ...
by abuss368
Sat Jan 06, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Fund Reports, SAI, & Prospectus
Replies: 6
Views: 424

Re: Vanguard - Fund Reports, SAI, & Prospectus

Sometimes lack of responses help and are informative. I surmise that many Bogleheads do not bother.
by abuss368
Sat Jan 06, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard - Fund Reports, SAI, & Prospectus
Replies: 6
Views: 424

Re: Vanguard - Fund Reports, SAI, & Prospectus

I typically read the Fund annual reports and semiannual report. I have not been reading the prospectus and sai updates.
by abuss368
Fri Jan 05, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Fund Reports, SAI, & Prospectus
Replies: 6
Views: 424

Vanguard - Fund Reports, SAI, & Prospectus

Bogleheads -

I am curious how many of us read from Vanguard (or any fund company):

* Annual Reports
* Semi-Annual Reports
* Statement of Additional Information (SAI)
* Prospectus


If you read this, do you save and retain the information? Thoughts and perspectives appreciated.
by abuss368
Fri Jan 05, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: "In The Vanguard" Newsletter
Replies: 1
Views: 338

"In The Vanguard" Newsletter

Bogleheads -

Does anyone receive or read this quarterly newsletter from Vanguard?

I believe it may not be published any longer as it is no longer appearing on the Vanguard website.
by abuss368
Fri Jan 05, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 285
Views: 32762

Re: Netflix, Your Current Favorite Show

"Narcos" Season 3.
by abuss368
Fri Jan 05, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3315

Re: REITs In Taxable - New Tax Law

livesoft wrote:
Fri Jan 05, 2018 9:16 am
At least you can tax-loss harvest your REIT shares held in a taxable account. :twisted:
That is true indeed. Do you have REITs (or have you) in taxable accounts?
by abuss368
Fri Jan 05, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3315

Re: REITs In Taxable - New Tax Law

The case against putting REITs in taxable is that they issue a lot of non-qualified dividends. Does anything in the new law affect that? Hi telemark - Historically that has been the case: the dividends from REITs included a high percentage on non-qualified dividends. This income was taxed at an Ind...
by abuss368
Fri Jan 05, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3315

Re: REITs In Taxable - New Tax Law

deltaneutral83 wrote:
Fri Jan 05, 2018 9:54 am
I haven't been keeping up, by why have REITs been getting their teeth kicked in the last month?
Interest rate sensitivity.
by abuss368
Thu Jan 04, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3315

REITs In Taxable - New Tax Law

With the details of the new tax law starting to emerge and specifically the new Qualified Business Income deduction, there may be a case for REITs in taxable. The new law definitely warrants a look. I have read a few articles where it appears the strategies may be changing. I have noted a couple of ...
by abuss368
Wed Jan 03, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Non Public-traded REIT nightmare continues
Replies: 16
Views: 1994

Re: Non Public-traded REIT nightmare continues

An unfortunate experience and thank you for sharing.

We have invested in REITs for a long time. Previously with individual REITs and now simply the Vanguard U.S. REIT Index Fund and the Vanguard International REIT/RE Index Fund.
by abuss368
Tue Jan 02, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7776

Re: What the experts say about Bitcoins?

Maybe I should start a low cost bitcoin index fund!
by abuss368
Tue Jan 02, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7776

Re: What the experts say about Bitcoins?

I still do not completely understand cyber currency but have learned a few points. I can not imagine how this ends well however.
by abuss368
Tue Jan 02, 2018 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5734

Re: Keeping a checkbook register

We stopped using Quicken 10 years ago (after using it for the previous 10 years). Much more time for other matters that we felt were more important.

We also stopped printing bank statements. They are available online for 7 years. The cloud has changed everything.
by abuss368
Mon Jan 01, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 222
Views: 37328

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

Long story short version 401k fund changes The bond fund in my 401k will no longer be available in 2018. The new bond fund will be a "Fund of Funds", 5 to be exact. Breakdown/ % of fund Pimco Total Return 25.51 Western Asset Core Plus Bond I 25.49 BlackRock US Debt Index Fund E 23.16 BlackRock Core...
by abuss368
Mon Jan 01, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 109
Views: 8276

Re: TaxAct and alternatives

After a rude awakening at TaxAct's price increase, I'm jumping ship to H&R Block. Got a great deal on H&R Block tax software by reading this post: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=234099 Thanks! I updated the thread with the latest price info from Amazon and H&R Block. I used H&...
by abuss368
Mon Jan 01, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Real Estate
Replies: 30
Views: 2308

Re: Investing in Real Estate

There are many investors on the forum that can share their experiences regarding direct real estate investment. One of my favorites is "Dave55" who has a wealth of direct investment experience in commercial (unsure of residential). Dave55 moved to Vanguard REITs if I recall. Taylor Larimore has has ...
by abuss368
Mon Jan 01, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Real Estate
Replies: 30
Views: 2308

Re: Investing in Real Estate

Real estate has always interested me. However, I have never invested directly. We have however invested in REITs for a long time and this has worked very well. First individual REIT stocks (we read about REITs all the time and the industry in general) and now we simply invest in: Vanguard U.S. REIT...
by abuss368
Mon Jan 01, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 75
Views: 6806

Re: So, how was the year ? Gains made and Lessons learnt ?

Bogleheads: I can relate to the final scene in Saving Private Ryan , when the old paratrooper veteran went to the Normandy graveside of his wartime buddy and said: "I tried to be a good man." I tried but sometimes failed. Best wishes Taylor An amazing story and movie. +1 My deepest respect to you T...
by abuss368
Mon Jan 01, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Real Estate
Replies: 30
Views: 2308

Re: Investing in Real Estate

Real estate has always interested me. However, I have never invested directly. We have however invested in REITs for a long time and this has worked very well. First individual REIT stocks (we read about REITs all the time and the industry in general) and now we simply invest in: Vanguard U.S. REIT ...
by abuss368
Mon Jan 01, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Request update on YouTube TV
Replies: 11
Views: 615

Re: Request update on YouTube TV

We are in the process of switching our cable provider which has resulted in us asking the hard questions to regarding the home phone number and cable in general. The home phone will in all likelihood be cut sooner rather than later.

Cable - We are using Netflix and Apple TV now more than ever.
by abuss368
Mon Jan 01, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond Index avoiding Very Long Bonds?
Replies: 14
Views: 1564

Re: Vanguard Total Bond Index avoiding Very Long Bonds?

We have invested in Vanguard Total Bond Index for a long time and it has done the job of providing both safety and income to an investment portfolio. For good reason it is now the largest bond fund on the planet.

Keep investing simple.
by abuss368
Mon Jan 01, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5734

Re: Keeping a checkbook register

So how many Bogleheads actually reconcile their checkbooks? I don't know how many, but I do every month. One thing we did do over the years was really simplify banking and cash management. We no longer have savings account(s), and all transactions essentially hit the credit card where possible with...
by abuss368
Mon Jan 01, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5734

Re: Keeping a checkbook register

Sheepdog wrote:
Mon Jan 01, 2018 1:41 pm
abuss368 wrote:
Mon Jan 01, 2018 1:30 pm
So how many Bogleheads actually reconcile their checkbooks?
I don't know how many, but I do every month.
We have for many years. We also stopped using Quicken 10 years ago. It takes mere minutes to reconcile and know how much cash is available.
by abuss368
Mon Jan 01, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Book Recs for Helping Mother with Finances
Replies: 11
Views: 726

Re: Book Recs for Helping Mother with Finances

Talking about money with family can get tricky, even when they're explicitly asking for your help. Does anyone have any book recommendations on strategies for helping your parents manage their finances? I'm 30 and my mother is in her early 60s. She's started asking for my help in managing her finan...
by abuss368
Mon Jan 01, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond Index avoiding Very Long Bonds?
Replies: 14
Views: 1564

Re: Vanguard Total Bond Index avoiding Very Long Bonds?

Here's the fact sheet for the Bloomberg Barclays US Aggregate Index. Rules for inclusion are on pp. 1 - 2. The float-adjusted variant is on p. 5. If a person doesn't like the index Vanguard chose, one could look for another fund, lobby Vanguard to change, or become wealthy by filling an unmet inves...