Search found 6556 matches

by baw703916
Wed Nov 22, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Re: Minimizing capital gains assuming FIFO basis

You could quickly complete your non-FIFO tax loss harvesting now, before you have to make that "assumption". Folks should complete their tax-loss harvesting each year anyways. Indeed, with prices where they are today, there should be no tax-loss harvesting opportunities at the present time. That is...
by baw703916
Wed Nov 22, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Re: Minimizing capital gains assuming FIFO basis

Thanks for the link Doc. And thanks to everyone for the thoughts given so far.
by baw703916
Tue Nov 21, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Re: Minimizing capital gains assuming FIFO basis

For DCA during an investors accumulation phase, what would be your fund rotation strategy? I could envision things like the following: Option #1: rotate between different similar funds for each scheduled purchase Option #2: stick to one fund for a period if time (e.g for a year), then start using t...
by baw703916
Tue Nov 21, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Re: Minimizing capital gains assuming FIFO basis

One is using FIFO, not average cost. :) To me First-In, First-out identifies the shares sold and NOT the Cost Basis Method. For mutual fund (but not stocks and not ETFs), the First-In shares could have a cost basis method of Average Cost or Actual Cost. Stocks and ETFs must use Actual Cost no matte...
by baw703916
Tue Nov 21, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Re: Minimizing capital gains assuming FIFO basis

livesoft wrote:
Tue Nov 21, 2017 9:36 pm
If one is using Average Cost and has purchased shares recently at a higher price than the First In shares, then that will help minimize capital gains. Otherwise, sell fewer shares which will also minimize capital gains.
One is using FIFO, not average cost. :)
by baw703916
Tue Nov 21, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 137
Views: 7725

Re: Help DW gets fired, but then next day her boss offers her job back

I'd say offer to come back but no reduction in pay.

If they can't accommodate that, too bad! :twisted:

Look for another job in any event.
by baw703916
Tue Nov 21, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 24
Views: 1414

Minimizing capital gains assuming FIFO basis

If one is using FIFO cost basis, what is the best way to minimize capital gains in taxable accounts (e.g. if rebalancing)? Please don't ask why the question assumes FIFO. Just assume it does. It seems to me that one would want to own several similar funds (e.g. Vanguard 500 index, Vanguard Large Cap...
by baw703916
Tue Nov 21, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 49
Views: 8943

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

VictoriaF wrote:
Tue Nov 21, 2017 9:01 pm
I like the picture of retired people in the beginning of the article!

Victoria
Will $1 million buy you a Wayback Machine to the 1950s? :D
by baw703916
Mon Nov 20, 2017 11:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 85
Views: 5029

Re: Larry Swedroe: Managing Risk With Factors

I think the statement that factor investing is expensive is a red herring. Like everything, it depends how it's implemented. TSM has an expense ratio of 0.04% Small Value index has an ER of 0.07% Total International has an ER of 0.11%. FTSE Smallcap has an ER of 0.13% So the difference is all of 2-3...
by baw703916
Tue Nov 14, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Uh-oh, small passive won't work
Replies: 4
Views: 1070

Re: Uh-oh, small passive won't work

If a company isn't publicly traded then active funds can't buy it either.

Now maybe that could be an argument for investing in private equity...but that's beyond the scope of this thread.
by baw703916
Sun Nov 12, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 3125

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

Valuethinker wrote:
Sun Nov 12, 2017 5:13 pm
The time to buy this was *not* when, on the London Tube, you see adds for Contracts for Different (CFDs) on cybercurrencies.
But it worked so well for dotcoms in 1999 and CDOs in 2007! :P
by baw703916
Mon Nov 06, 2017 11:36 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9350

Re: "$1 Million is Closer Than You Think"

I liked the descriptions of the various probabilities of getting to $1 million!

"Those are the odds that a celebrity marriage will last a lifetime" really does motivate you to boost your savings rate!

:)
by baw703916
Sat Nov 04, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: Dividends better than buybacks in retirement accounts
Replies: 32
Views: 2359

Re: Dividends better than buybacks in retirement accounts

If Dell hadn't done the buybacks, they might have gone private at $8 a share! :)
by baw703916
Sat Nov 04, 2017 11:15 pm
Forum: Investing - Theory, News & General
Topic: "What's Your Uncertainty/Humility Score?"
Replies: 17
Views: 2464

Re: "What's Your Uncertainty/Humility Score?"

With all due respect to Ms. Benz and the other Bogleheads who have posted on this thread, I think the wording of "uncertainty/humility score" kind of misframes the question. There are some things I don't know, and that I'm 100% certain I don't know: -what the return of stock and bonds will be over t...
by baw703916
Thu Nov 02, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Warning Buffet Indicator?!?
Replies: 31
Views: 2515

Re: Warning Buffet Indicator?!?

livesoft wrote:
Wed Nov 01, 2017 9:28 am
I know of cafeterias, Indian, Middle-eastern, Mexican, Chinese, and barbecue buffet places.
It looks like U.S. Buffets get at least 50% of their menu options from other countries. So I'm thinking I don't need international diversification in my culinary portfolio...
by baw703916
Tue Oct 31, 2017 11:31 pm
Forum: Investing - Theory, News & General
Topic: Buffett "Key Indicator" near dangerous all-time high...
Replies: 73
Views: 8928

Re: Buffet "Key Indicator" near dangerous all-time high...

We keep hearing that we don't need no stinkin' foreign stocks because the S&P 500 companies get half of their revenue from international operations. So why not just divide by two and then the valuation is 67% of US GDP, and a bargain! :D Yeah. Exactly this. I tried to say the same (sorta) thing, bu...
by baw703916
Tue Oct 31, 2017 5:35 pm
Forum: Investing - Theory, News & General
Topic: Buffett "Key Indicator" near dangerous all-time high...
Replies: 73
Views: 8928

Re: Buffet "Key Indicator" near dangerous all-time high...

We keep hearing that we don't need no stinkin' foreign stocks because the S&P 500 companies get half of their revenue from international operations. So why not just divide by two and then the valuation is 67% of US GDP, and a bargain! :D
by baw703916
Sun Oct 22, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: TSP advice sought
Replies: 20
Views: 1721

Re: TSP advice sought

Please transmit my thanks to your son for his service. I served from 2007 to 2014 as a Navy Surface Warfare Officer, so I'm familiar with the struggle. I agree with those above saying to go Roth for both TSP and IRA. Better to be taxed on the initial contribution than what's taken out, especially a...
by baw703916
Sat Oct 14, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5896

Re: Help me understand what happens with the new law and ACA subsidies

I searched high and low and every media outlet is saying everyone in ACA is screwed. Seems the real news is right here at Bogleheads.org... Nobody is saying we would get a better deal with the subsidies based on Silver Plans going up, not even the politicians grasp the facts I read in the post pape...
by baw703916
Fri Oct 13, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5896

Re: Help me understand what happen with the new law and ACA subsidies

Actionable items: Get a job with group insurance Marry someone with group insurance Houston, we may have a problem. (1) I may be too old to get a job, but too young to be on Medicare. (2) I can't find someone with group insurance to marry. Actionable alternative three: If you are too young for Medi...
by baw703916
Sat Oct 07, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Our most important decision in one minute
Replies: 4
Views: 1428

Re: Our most important decision in one minute

Hi Taylor,

It looks like you may have accidentally started two threads with (almost) identical title. :)

Best wishes,
Brad
by baw703916
Sat Oct 07, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's long-term outlook for TIPS
Replies: 92
Views: 7279

Re: Vanguard's long-term outlook for TIPS

TIPS are less risky than nominal Treasuries of the same duration: specifically, they avoid inflation risk. So according to MPT, the market should price them to have a lower expected return in the long run. So investing in TIPS, all else being equal, is likely to decrease your portfolio value down th...
by baw703916
Sat Sep 23, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Just Need Encouragement to Stick with TSP G Fund over F Fund
Replies: 14
Views: 1171

Re: Just Need Encouragement to Stick with TSP G Fund over F Fund

The reason that Bogleheads like the TBM fund is that most of them don't have TSP accounts and they can't invest in the G Fund. :) More seriously, the reason the F fund/TBM has better performance in backtesting is that interest rates have been generally falling for many years. That benefits the F fun...
by baw703916
Sat Sep 23, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 2008

Re: Is it a good time to buy Apple Stock on 9/23?

9/23 isn't a good time to buy. For one thing, the market's closed.

But if you buy TSM, you will have made a bigger investment in Apple than in any other company...
by baw703916
Sat Sep 23, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Executor died, as beneficiary can I become executor?
Replies: 9
Views: 1169

Re: Executor died, as beneficiary can I become executor?

It depends on state law, and getting an attorney to help you through the process is something I'd recommend. I ended up being the administrator of my grandmother's estate (administrator meaning I wasn't named as executor in the will). The first person named as executor predeceased my grandmother, an...
by baw703916
Sun Sep 17, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals
Replies: 55
Views: 3710

Re: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals

Why would you get a colonoscopy at a hospital? That makes it more expensive than it needs to be, so the patient should pay those excessive charges. We get colonoscopies at the clinic part of our medical group. We are in and out in about 2 hours and it doesn't cost us anything. Medicare pays for all...
by baw703916
Sat Sep 16, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 12467

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

After expense performance is all that matters - I'd give my whole portfolio over to Renaissance Technologies and pay their 5% management and 44% performance fees if I could. However, you can only do so IRL if you work for them. And then, both your employment and your portfolio returns depend on RT ...
by baw703916
Fri Sep 15, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 12467

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

Hedge funds might have a place in a portfolio if you could find a good one whose manager charged five basis points. Seides is right that a large factor in his loss is that the E/R's are just too darn high!
by baw703916
Thu Sep 07, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 50471

Re: Equifax customer information leak

VictoriaF wrote:
Thu Sep 07, 2017 6:29 pm
One of Brian's commenters has posted a link to a Bloomberg article Three Equifax Managers Sold Stock Before Cyber Hack Was Revealed. This can get really ugly.

Victoria
Yeah, I noticed that article. (sigh)
by baw703916
Wed Sep 06, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 52
Views: 6132

Re: The Emerging Markets "lost decade" is over

Well good, because I have been waiting... EM was a great diversifier in the early to mid-2000's and really help cushion the blow of the tech crash. And it's been a great diversifier this decade as well. Just think, if you'd been 100% invested in U.S. stocks, your portfolio value might be so inflate...
by baw703916
Sat Sep 02, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "75 Must-Know Statistics About Long-Term Care"
Replies: 24
Views: 3876

Re: Christine Benz: "75 Must-Know Statistics About Long-Term Care"

In thinking about it a little more, I'm wondering if the median assets of $0 after 6 years is partly a consequence of the Medicaid planning industry--since the lookback period is 5 years.
by baw703916
Fri Sep 01, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "75 Must-Know Statistics About Long-Term Care"
Replies: 24
Views: 3876

Re: Christine Benz: "75 Must-Know Statistics About Long-Term Care"

With statistics like this, why do so many Bogleheads frown on LTC insurance? The problem is most policies being sold today don't cover the tail risk. They only cover 5 years of LTC or so. A good Boglehead should be able to afford 5 years, if that's the worst outcome. The article says that the media...
by baw703916
Fri Aug 25, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2219

Re: IRS CP2000 Tax Bill Letter - Please Help

So hypothetically, if you did have taxes withheld on the original amount when converting to a Roth, wouldn't you owe an early withdrawal penalty because you didn't roll all of it over into the Roth account (unless you were 59.5 years old)?
by baw703916
Wed Aug 09, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can you switch to Obama care in the middle of cobra period
Replies: 11
Views: 1384

Re: Can you switch to Obama care in the middle of cobra period

I'm a little confused. The qualifying event test only applies for enrolling in an ACA plan outside of the open enrollment period. During an open enrollment period, you can sign up for an ACA plan regardless of whether a qualifying event has occurred. Exhausting one's COBRA eligibility (at the end of...
by baw703916
Mon Aug 07, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 91
Views: 17578

Re: Switching to Fidelity's new Total International Index (includes small cap!)

I just decided to check how the Fidelity fund has been performing compared to Vanguard's Total International. Over the last 6 and 12 months, the two are extremely similar. One wouldn't expect them to be identical as they track different indices. While Vanguard's fund has generally done better, you c...
by baw703916
Sat Aug 05, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 225
Views: 35518

Re: What's the ideal safe retirement net worth target?

Vallejo is definitely on my radar, though most of the people I know in the Bay live much closer in and interact more because of that. What's weird is that I think everyone (friends who rent and myself as well) knows this is a temporary game - eventually, we/they will have to move out if we/they don...
by baw703916
Sat Aug 05, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can you switch to Obama care in the middle of cobra period
Replies: 11
Views: 1384

Re: Can you swith to Obama care in the middle of cobra period

Yes, I did it. It's probably more straightforward to enroll in an ACA plan during the open enrollment period anyway. Obviously that won't necessarily coincide with the end of the 18 months of COBRA. I would advise waiting until you've heard that the ACA enrollment has been processed and received an ...
by baw703916
Fri Aug 04, 2017 1:00 am
Forum: Investing - Theory, News & General
Topic: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’
Replies: 24
Views: 2984

Paul Singer Says Passive Investing Is ‘Devouring Capitalism’

Another hedge fund manager complaining about how passive investing is about to destroy everything he holds dear (his fee structure!) https://www.bloomberg.com/news/articles/2017-08-03/singer-s-elliott-hedge-fund-returns-3-5-in-the-first-half What may have been a clever idea in its infancy has grown ...
by baw703916
Sat Jul 29, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: How do you reinvest dividends in a mutual fund at E*Trade?
Replies: 13
Views: 1174

Re: How do you reinvest dividends in a mutual fund at E*Trade?

1. click "customer service" (upper right hand corner of screen). 2. on customer service screen, click on "self service" tab, second from left. 3. scroll down to "reinvest your dividends" (DRIP), and click. 4. it will prompt you for which account and holding you want to reinvest/stop reinvesting divi...
by baw703916
Thu Jul 27, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?
Replies: 29
Views: 3316

Re: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?

I'd favor restricting the comparison to the period beginning in April 2009, when Small FTSE had live returns (and VINEX was a Vanguard fund and had a similar management approach to what it does today).
by baw703916
Tue Jul 25, 2017 11:27 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35007

Re: John Bogle Has Been Right About Investing In International Stocks

JoMoney wrote:
tadamsmar wrote:Should you confuse strategy with outcome?
What is the objective of the strategy?
To achieve confirmation bias? 8-)
by baw703916
Mon Jul 24, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35007

Re: John Bogle Has Been Right About Investing In International Stocks

... https://s17.postimg.org/6bbblojcf/1491581046651.jpg ... Without taking a position here, let me just say that that's a very nice chart. (Is anybody kidding themselves yet that they see a predictable cycle in it? :twisted: ) I see not exactly a predictable cycle, but a few general tendencies: 1) ...
by baw703916
Sat Jul 22, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Drives Municipal Bond Yields
Replies: 42
Views: 3740

Re: Larry Swedroe: What Drives Municipal Bond Yields

Nice article by Larry, and it makes a point that I've been arguing on this board for quite a while: that for about a decade now, yields on high grade munis have been comparable (and often higher) than Treasuries of equal maturity. So why does the conventional dogma about bonds in tax-advantaged stil...
by baw703916
Fri Jul 14, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Making the Leap to Self-Employment
Replies: 16
Views: 1892

Re: Making the Leap to Self-Employment

It may be worth asking how the OP intends to handle health insurance, especially given the landscape may change in an unpredictable way in the relatively near future.
by baw703916
Wed Jul 12, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: SIMPLE-IRA: all contributions (including match) immediately vested?
Replies: 5
Views: 426

Re: SIMPLE-IRA: all contributions (including match) immediately vested?

One wrinkle with a SIMPLE IRA is the employer match works a little differently. It's a % of salary over the whole year, not for each pay period. And the employer can wait until the end of the year to put in their portion of the match.
by baw703916
Sun Jul 09, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein on Meb Faber's podcast
Replies: 54
Views: 7508

Re: William Bernstein on Meb Faber's podcast

Thanks for giving your thoughts, Bill! I also, though, can't help but wonder how recent high equity returns have flavored this thread. Had it taken place in 2009, far fewer folks would have taken umbrage at holding a large amount of fixed income assets. As I remember it, in 2009 there were a lot of ...
by baw703916
Thu Jul 06, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein on Meb Faber's podcast
Replies: 54
Views: 7508

Re: William Bernstein on Meb Faber's podcast

OTOH, the "U.S. Market in Freefall" thread now seems to be pretty close to the longest on the site. I think real estate in my neck of the woods is much more likely to be in a bubble than the stock market (unless you believe there can't be a real estate bubble in Seattle because it's still cheaper th...
by baw703916
Thu Jul 06, 2017 12:35 am
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 225
Views: 35518

Re: What's the ideal safe retirement net worth target?

Setting aside the two *additional* properties, I would love to know where in the Bay you can have a 2500 SF home on a quarter acre with a view of the Bay and the city for less than, say, 1MM (I'm assuming the other 1MM is tied up in the other two properties and liquid spending needs). I'm casting m...
by baw703916
Mon Jul 03, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Why Isn't a Taxable Account Considered Part of an Emergency Fund?
Replies: 24
Views: 2185

Re: Why Isn't a Taxable Account Considered Part of an Emergency Fund?

I think it makes sense to have one's emergency fund be layered. An "emergency" isn't a one size fits all thing, in amount of money needed, reason for the need, duration, correlation with economic conditions... So in order of priority, emergency fund layers might look something like this 1. bank chec...