Search found 13276 matches

by abuss368
Tue Feb 19, 2019 10:09 pm
Forum: Personal Investments
Topic: GLD (SPDR Gold Shares) and Taxes
Replies: 37
Views: 12009

Re: GLD (SPDR Gold Shares) and Taxes

A long time ago when we traded individual stocks we invested in GLD and SLV. It was then that I learned they were considered "collectables" and not stocks as they are held in trust. ** I assumed that wash sale rules were in effect as they are considered a security and not the sale of physical coins....
by abuss368
Tue Feb 19, 2019 9:57 pm
Forum: Investing - Theory, News & General
Topic: Will Vanguard Factor Funds Survive?
Replies: 22
Views: 1773

Re: Will Vanguard Factor Funds Survive?

I never understood why Vanguard entered this market and was surprised when it was announced. Based on the low amount of assets to date it appears these funds are not popular. Perhaps it was more of a business decision.
by abuss368
Tue Feb 19, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 9790

Re: Were you 100% debt free at retirement

I think you are debt free even if you have a mortgage. Technically its not but I could sell my house and rent and then claim to be debt free which I don't think is any better than someone with a mortgage. I understand this point but would not agree with the conclusion reached. Debt on your personal...
by abuss368
Sun Feb 17, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: NO Gift Tax on Gifts >$15k in a Year
Replies: 20
Views: 1838

Re: NO Gift Tax on Gifts >$15k in a Year

You are correct. Form 709 is not difficult.
by abuss368
Sun Feb 17, 2019 8:25 pm
Forum: Investing - Theory, News & General
Topic: Will wife’s social security affect my Roth conversions.
Replies: 34
Views: 2851

Re: Will wife’s social security affect my Roth conversions.

Your wife taking social security should not matter in terms of Roth conversions. The only aspect will be how much of her social security is taxed (up to a maximum of 85%).
by abuss368
Sun Feb 17, 2019 8:22 pm
Forum: Personal Consumer Issues
Topic: First thing(s) you'd do when you achieve financial independence?
Replies: 71
Views: 5250

Re: First thing(s) you'd do when you achieve financial independence?

Watch a movie, read a paper! Maybe go out to dinner!
by abuss368
Sun Feb 17, 2019 8:16 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 125
Views: 11523

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

Vanguard investment experts have recommended 40% of equity and 30% of bonds to international for a while.

Total International Stock and Total International Bond are the recommended funds.

I only expect the recommended allocations to continue to increase over time.
by abuss368
Sun Feb 17, 2019 8:04 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7524

Re: Girlfriend's Financial Advisor Recommendations...

I wanted to add: Buy Mr. Bogle’s book “The Little Book of Common Sense Investing”
by abuss368
Sun Feb 17, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: Advisability of Using a Personal Trainer at the Gym
Replies: 52
Views: 3677

Re: Advisability of Using a Personal Trainer at the Gym

I trained and competed for over 25 years mostly with an extensive home gym. I learned a long time ago that the key to success is finding your inner motivation. No one can rely on another. Stay hungry!
by abuss368
Sun Feb 17, 2019 7:05 pm
Forum: Investing - Theory, News & General
Topic: Split the Equity allocation 50% US / 50% International
Replies: 55
Views: 7619

Re: Split the Equity allocation 50% US / 50% International

I have 30% int'l, all factor-tilted; but if I were starting over, I would simply go with TSM or Large Cap Index, and maybe some large and small value. I'd exclude int'l because of the high correlation between domestic and foreign. They may be correlated but there is a wide dispersion of results. Th...
by abuss368
Sun Feb 17, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Stolen check, what should I do?
Replies: 18
Views: 1454

Re: Stolen check, what should I do?

My landscaper just had his car broken into, and belongings were stolen including the check I wrote him. I cancelled the check. Do I also need to change the account number since the check contains our account and routing number? Or is that step unnecessary? Thank you in advance! I would consider con...
by abuss368
Sun Feb 17, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12487

Re: Mega Downsize....

Over the years we have focused on streamlining and simplicity. It is paying off and honestly never ending. The key to to reduce or stop unnecessary spending and waste on items that are simply not needed. Overall life is much easier and much more simple. I am focusing on the garage and will reduce mu...
by abuss368
Sun Feb 17, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4167
Views: 1112661

Re: What Movie Have You Recently Watched?

“The Angel” on Netflix.
by abuss368
Sat Feb 16, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4167
Views: 1112661

Re: What Movie Have You Recently Watched?

Traitor on Netflix.
by abuss368
Sat Feb 16, 2019 6:47 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1117
Views: 113830

Re: [What TV Show Have You Recently Watched?]

Finished final season of House of Cards.
by abuss368
Sat Feb 16, 2019 12:53 am
Forum: Personal Investments
Topic: Why international?
Replies: 144
Views: 9580

Re: Why international?

I looked at VGTSX (Vanguard Total International) vs VFINX (Vanguard S&P500) using the Backtest Portfolio tool and could not find any time period 5 years or longer where International performance exceeded domestic. In fact, International performance was outright lousy (relative to domestic) in all t...
by abuss368
Fri Feb 15, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5251

Re: Indiv. REITs in taxable because of new tax law? Aargh!

Does that mean I should move REITs into taxable? Or that I should feel ok moving it into taxable if I run out of tax advantaged space. Blue Man I would like to know this as well. I think the math is not completely clear. I have moved some of my reits to taxable. It is important to understand that n...
by abuss368
Fri Feb 15, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri on the Rational Reminder Podcast
Replies: 17
Views: 1870

Re: Rick Ferri on the Rational Reminder Podcast

Embarrassingly accurate summary of my own investing journey. Not embarrassing! Most Bogleheads are still working things out. Just read the posts on the Board. So many are hooked on finding perfection, "Should I have 14% in emerging markets or 13%?" Rick Ferri Very true. This is one of the reasons (...
by abuss368
Fri Feb 15, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5251

Re: REITs - 20% Qualified Income Deduction

great news! just read in the nytimes that the final regs will let reit mutual fund shareholders who hold in taxable accounts get the deduction. awesome news! see page 6 of this link https://www.irs.gov/pub/irs-drop/reg-134652-18.pdf i think RIC = mutual fund According to page 9 of the proposed regu...
by abuss368
Fri Feb 15, 2019 4:16 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 651
Views: 65736

Re: What frugal thing did you do today?

Dimmed the lights in the house.
by abuss368
Fri Feb 15, 2019 4:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Boglehead Books
Replies: 2
Views: 351

Re: Vanguard & Boglehead Books

Bogleheads - Is anyone aware if any more books from the Bogleheads or the story of Vanguard are in the works to be written? No matter how many times the story of Vanguard has been told it is an amazing read and inspirational. Thank you Mr. Bogle! abuss368: I can't imagine anyone writing "the story ...
by abuss368
Fri Feb 15, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 651
Views: 65736

Re: What frugal thing did you do today?

Did not push the gas pedal down as hard!
by abuss368
Fri Feb 15, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 9790

Re: Were you 100% debt free at retirement

As a follow up we increased our mortgage payment again!
by abuss368
Fri Feb 15, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 9790

Re: Were you 100% debt free at retirement

In my opinion this was a very good thread with a lot of sharing of personal circumstances.

Thank you Bogleheads!
by abuss368
Fri Feb 15, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: Why I Own a Total Market Index Fund
Replies: 43
Views: 5637

Re: Why I Own a Total Market Index Fund

Bogleheads: In 1989, my wife and I purchased a two-bedroom apartment in a Miami condominium. Our balconies overlook Biscayne Bay and the City of Miami. Standing on our "city side" 35th floor balcony, I can see hundreds of successful corporations where thousands of employees are working 40+ hours a ...
by abuss368
Fri Feb 15, 2019 1:30 pm
Forum: Personal Investments
Topic: Why international?
Replies: 144
Views: 9580

Re: Why international?

Diversification is the only free lunch in investing.
by abuss368
Fri Feb 15, 2019 1:28 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article-"Can Vanguard Remain Alone?"
Replies: 10
Views: 1998

Re: "Can Vanguard Remain Alone?"

[Thread merged into here, see below. --admin LadyGeek] Bogleheads: John Rekenthaler, a columnist for Morningstar.com and a member of Morningstar's investment research department, has written a thought-provoking article about the future of the Vanguard company. These are excerpts: What counts are co...
by abuss368
Fri Feb 15, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Boglehead Books
Replies: 2
Views: 351

Vanguard & Boglehead Books

Bogleheads -

Is anyone aware if any more books from the Bogleheads or the story of Vanguard are in the works to be written? No matter how many times the story of Vanguard has been told it is an amazing read and inspirational.

Thank you Mr. Bogle!
by abuss368
Fri Feb 15, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri on the Rational Reminder Podcast
Replies: 17
Views: 1870

Re: Rick Ferri on the Rational Reminder Podcast

The Education of an Index Investor Born in darkness Attracted by shiny objects. Does what others do. Not familiar with benchmarking. No clue about fees. Don't really know what index funds are. Thinks the Dow Jones Industrial Average is the market. Finds indexing enlightenment Discovers what indices...
by abuss368
Fri Feb 15, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5251

Re: Indiv. REITs in taxable because of new tax law? Aargh!

This was a helpful thread. In another thread I recently asked the same question (unaware of this thread at the time). I suspect it will be determined once final regulations are provided. I merged abuss368's thread into grok87's question. Both threads (and the post quoted) are from 2018. grok87 bump...
by abuss368
Fri Feb 15, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5251

Re: Indiv. REITs in taxable because of new tax law? Aargh!

This was a helpful thread. In another thread I recently asked the same question (unaware of this thread at the time). I suspect it will be determined once final regulations are provided. Thanks. Maybe somebody like a mod could link or merge these threads together. Also my understanding is that the ...
by abuss368
Fri Feb 15, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: visiting Baltimore
Replies: 55
Views: 5148

Re: visiting Baltimore

cherijoh wrote:
Fri Feb 15, 2019 11:32 am
I would recommend trying Maryland Crab cakes at Phillip's Seafood. Yummy! It is part of the Inner Harbor retail space.
They even have them in our local store!
by abuss368
Thu Feb 14, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5251

Re: Indiv. REITs in taxable because of new tax law? Aargh!

This was a helpful thread. In another thread I recently asked the same question (unaware of this thread at the time). I suspect it will be determined once final regulations are provided. Thanks. Maybe somebody like a mod could link or merge these threads together. Also my understanding is that the ...
by abuss368
Tue Feb 12, 2019 10:47 pm
Forum: Investing - Theory, News & General
Topic: International bonds
Replies: 60
Views: 4635

Re: International bonds

saintsfan342000 wrote:
Tue Feb 12, 2019 10:36 pm
abuss368 wrote:
Tue Feb 12, 2019 3:54 pm
It appears as if Bogleheads have warmed to International Bonds or perhaps a Global Bond Fund a little more than a few years ago.
Just wait for when they make an Admiral share class for BNDW.
I believe there already is an Admiral share class available.
by abuss368
Tue Feb 12, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: International bonds
Replies: 60
Views: 4635

Re: International bonds

It appears as if Bogleheads have warmed to International Bonds or perhaps a Global Bond Fund a little more than a few years ago.
by abuss368
Tue Feb 12, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Gas / Electric Fireplace only produces a low flame
Replies: 13
Views: 1042

Re: Gas / Electric Fireplace only produces a low flame

There are several things that could be causing this problem. Most likely the valve is not operating as it should. Several years ago I sold Heat -N-Glo fireplaces so I am somewhat familiar with them. If the general cleaning did not work I would recommend calling a professional to check it out. Pleas...
by abuss368
Tue Feb 12, 2019 3:50 pm
Forum: Personal Investments
Topic: Investing in gold
Replies: 33
Views: 2114

Re: Investing in gold

Many investment experts who I hold in high regard, such as Jack Bogle, David Swensen, and Warren Buffett, recommend to avoid speculating in gold. Remember that Bogle recommended a 5% allocation to gold. Interesting. I checked the portfolio examples in "Bogle on Mutual Funds" but did not see that. D...
by abuss368
Tue Feb 12, 2019 2:10 pm
Forum: Personal Investments
Topic: Investing in gold
Replies: 33
Views: 2114

Re: Investing in gold

Many investment experts who I hold in high regard, such as Jack Bogle, David Swensen, and Warren Buffett, recommend to avoid speculating in gold. Remember that Bogle recommended a 5% allocation to gold. Interesting. I checked the portfolio examples in "Bogle on Mutual Funds" but did not see that. D...
by abuss368
Tue Feb 12, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Benefits of Fidelity vs Vanguard
Replies: 48
Views: 4839

Re: Benefits of Fidelity vs Vanguard

BogleMelon wrote:
Tue Feb 12, 2019 11:34 am
abuss368 wrote:
Tue Feb 12, 2019 11:32 am


Moving our portfolio to Vanguard was the best financial decision we ever made.
Mind me asking where it was before? Was it at Fidelity?
Many years ago we traded individual stocks and had accounts at Brown Co (JP Morgan firm I believe acquired) and then eTrade.
by abuss368
Tue Feb 12, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Benefits of Fidelity vs Vanguard
Replies: 48
Views: 4839

Re: Benefits of Fidelity vs Vanguard

Hi all, this is a newbie question... I am transferring funds in a few days to Vanguard. My son-in-law works for Fidelity (not in the brokerage arm). I have a taxable account with stocks in Fidelity. He suggested I look at the different options that each firm has to offer. He said I could own Funds ...
by abuss368
Tue Feb 12, 2019 11:29 am
Forum: Personal Investments
Topic: Investing in gold
Replies: 33
Views: 2114

Re: Investing in gold

I'm a novice investor and so far have just been investing in Vanguard total stock and bond funds. What are people's thoughts about investing a small percentage of my investments in gold? Where and how would I go about doing this? Thanks in advance. Welcome to the Bogleheads! I do not invest in gold...
by abuss368
Tue Feb 12, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 2642

Re: What Is Your Favorite Bogle Quote?

This is a nice thread but a difficult one for me to post to as there are so many quotes from Mr. Bogle over the years that have had impact! That said I have always liked "Simplicity is the master key to financial success." Thank you so much Mr. Bogle for always fighting for the little guy to earn th...
by abuss368
Tue Feb 12, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: Gas / Electric Fireplace only produces a low flame
Replies: 13
Views: 1042

Re: Gas / Electric Fireplace only produces a low flame

My gas fireplace would not light up last year (although it worked fine the year before). I called a service guy and for $140, he cleaned it out and it worked all last year and all this year every time I turned it on. I would call a service and not mess around with gas. Dave We experienced this as w...
by abuss368
Sun Feb 10, 2019 8:40 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1117
Views: 113830

Re: [What TV Show Have You Recently Watched?]

Starting “House of Cards” final season.
by abuss368
Sun Feb 10, 2019 8:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4167
Views: 1112661

Re: What Movie Have You Recently Watched?

Miami Vice the movie. You know the movie was not bad at all. What doomed it was the name and thus comparison to the awesome television show.
by abuss368
Sun Feb 10, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 153
Views: 14942

Re: "John Bogle. RIP"

nedsaid wrote:
Sat Feb 09, 2019 10:40 pm
There can't be enough tributes to John C. Bogle, or Jack as he liked to be called. He was a fine human being and will be very much missed. Sad that I didn't ever get to meet him.
Well said. :beer
by abuss368
Sun Feb 10, 2019 4:12 pm
Forum: Personal Investments
Topic: Which fixed income ? Total Bond, Treasury, Inflation Protected
Replies: 32
Views: 2381

Re: Which fixed income ? Total Bond, Treasury, Inflation Protected

Dandy wrote:
Sat Feb 09, 2019 9:48 pm
Total Bond Index includes a large allocation to Treasury bonds.
I know it is about 43% last time I looked. All the better. :happy
Agreed. I believe if agency bonds and GNMA are included Total Bond is 60%+.
by abuss368
Sun Feb 10, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 63
Views: 4242

Re: Recommendation for home gym (limited space)

Quite impressive you engaged in hard core competition for 25 years. It does take a special form of determination and drive in that sport or any other. One of the best side effects is the type of person it turns you in to. It's no wonder you accomplished your goals. Thanks! You are correct and over ...