Search found 332 matches

by Scorpion
Wed Oct 02, 2019 3:47 pm
Forum: Personal Investments
Topic: FXNAX - a no-brainer in Flagship Vanguard IRAs?
Replies: 10
Views: 1118

Re: FXNAX - a no-brainer in Flagship Vanguard IRAs?

Fidelity US Bond Index (FXNAX) has an expense ratio of 0.025%. According to the Boglehead wiki on Fidelity (https://www.bogleheads.org/wiki/Fidelity), FXNAX is the Fidelity equivalent of the Vanguard Total Bond Index Fund, which has an expense ratio of 0.05%, or twice as much. Look at the absolute ...
by Scorpion
Wed Oct 02, 2019 3:30 pm
Forum: Personal Investments
Topic: FXNAX - a no-brainer in Flagship Vanguard IRAs?
Replies: 10
Views: 1118

Re: FXNAX - a no-brainer in Flagship Vanguard IRAs?

thanks - edited to add the zeros appropriately.
by Scorpion
Wed Oct 02, 2019 3:22 pm
Forum: Personal Investments
Topic: FXNAX - a no-brainer in Flagship Vanguard IRAs?
Replies: 10
Views: 1118

FXNAX - a no-brainer in Flagship Vanguard IRAs?

Fidelity US Bond Index (FXNAX) has an expense ratio of 0.025%. According to the Boglehead wiki on Fidelity (https://www.bogleheads.org/wiki/Fidelity), FXNAX is the Fidelity equivalent of the Vanguard Total Bond Index Fund, which has an expense ratio of 0.05%, or twice as much. Even the Vanguard ETF ...
by Scorpion
Wed Oct 02, 2019 11:34 am
Forum: Personal Investments
Topic: ETF vs. Fund fee differentials - what does it mean for me?
Replies: 5
Views: 315

Re: ETF vs. Fund fee differentials - what does it mean for me?

A few updates: 1. A quick scan of https://www.bogleheads.org/wiki/Fidelity seems to show that Fidelity is no better than Vanguard on fees in most categories, especially for taxable, based on this: "Fidelity mutual funds do not share the same structure that allows Vanguard mutual funds to avoid distr...
by Scorpion
Wed Oct 02, 2019 10:28 am
Forum: Personal Investments
Topic: ETF vs. Fund fee differentials - what does it mean for me?
Replies: 5
Views: 315

ETF vs. Fund fee differentials - what does it mean for me?

So I retired in 2017, and as a result I haven't frequented Bogleheads as often as I once did. I'm still investing more than I am taking out (spouse is still working), and most distributions I receive go back in. But I got a surprise today when I happened to notice that a Vanguard ETF had a lower ER ...
by Scorpion
Sat Apr 27, 2019 3:56 pm
Forum: Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 13
Views: 965

Re: How to handle Real Estate in AA, esp w/r/t international

I probably shouldn't necro this thread, but I wanted to say thanks for the additional responses, including the article linked to by CRTR. My original question wasn't so much about the right private equity real estate percentage, but since I sometimes wonder if I am being too aggressive at 25%, I app...
by Scorpion
Mon Dec 31, 2018 10:18 am
Forum: Personal Investments
Topic: Tax loss harvesting - how much ETF $ sales moves market?
Replies: 16
Views: 729

Re: Tax loss harvesting - how much ETF $ sales moves market?

thanks everyone! I think I was definitely "fretting" overmuch. Things worked out OK. So far I've lost about $100 just in the time that it took me to sell the $150K slug and then move the cash to a different ETF. (Both ETFs were moving up - I should have had the guts to put the orders in near simulta...
by Scorpion
Sun Dec 30, 2018 6:08 pm
Forum: Personal Investments
Topic: Tax loss harvesting - how much ETF $ sales moves market?
Replies: 16
Views: 729

Re: Tax loss harvesting - how much ETF $ sales moves market?

Yes, unfortunately have huge CGs of uncertain amount because of real estate partnership sales. Also have huge passive losses related to depreciation of uncertain amount. I have estimated both based on past years' history, but unfortunately they are only estimates. So yes, I would be able to use the ...
by Scorpion
Sun Dec 30, 2018 5:14 pm
Forum: Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 13
Views: 965

Re: How to handle Real Estate in AA, esp w/r/t international

Thank you both for your thoughts, which basically constitute one vote for each option, but I still appreciate the feedback! :D
by Scorpion
Sun Dec 30, 2018 5:11 pm
Forum: Personal Investments
Topic: Tax loss harvesting - how much ETF $ sales moves market?
Replies: 16
Views: 729

Tax loss harvesting - how much ETF $ sales moves market?

I'm thinking of selling like $100,000 to $150,000 tomorrow to tax loss harvest between $17,000 and $25,000 in losses. Normally I wouldn't bother right now and might wait til losses are larger, but I am retired and expect to have low income next year where I might not be able to use the losses, so ne...
by Scorpion
Fri Dec 28, 2018 12:34 pm
Forum: Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 13
Views: 965

How to handle Real Estate in AA, esp w/r/t international

I have significant real estate investments held through direct partnerships in US real estate assets (large apartment projects) I have invested in (i.e., not a mutual fund, REIT, etc., nor do I personally operate them). My asset allocation, generally, is 30% bonds, 25% real estate, 45% stocks. My qu...
by Scorpion
Wed Nov 28, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 229
Views: 19958

Re: Quicken 2019 and forward

This discussion has convinced me I need to buy the new version, so I bought it last night before the "Cyber Monday" sale expired. I'm somewhat regretting it, though, since the license starts immediately (which I didn't realize), and I would have waited until April 2019 otherwise. I could choose to r...
by Scorpion
Tue Nov 27, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 229
Views: 19958

Quicken 2019 and forward

I have been a loyal Quicken user since 2006, despite its ups and downs. I last bought in 2016, so I haven't had to go to the subscription model yet. I can't remember for sure, but I assume next year around Spring it will shut down my ability to do downloads unless I buy newest version. They have als...
by Scorpion
Thu Nov 08, 2018 9:21 am
Forum: Personal Investments
Topic: Prime Money Market vs. Bonds/CDs
Replies: 6
Views: 1527

Re: Prime Money Market vs. Bonds/CDs

Thanks for the responses. The more I analyze this, the more I think that there is not much upside to going short, so why bother. I might move a little from VMMXX to the ultra short bond fund, in fact. For those of us who have never market timed before, going to money market with bond cash seems too ...
by Scorpion
Wed Nov 07, 2018 7:50 am
Forum: Personal Investments
Topic: Prime Money Market vs. Bonds/CDs
Replies: 6
Views: 1527

Prime Money Market vs. Bonds/CDs

I’ve been doing a lot of reading on bonds and fixed income lately. I’m starting to wonder why I don’t move a substantial portion of my fixed income assets to the Vanguard Prime Money Market and wait for the Fed to stop raising rates. That would have been a better outcome than any bond approach for t...
by Scorpion
Thu Apr 20, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Decision on Reallocating Kids 529s
Replies: 2
Views: 522

Decision on Reallocating Kids 529s

So I have 529 funds for my kids located in two states' plans: Wisconsin (where we reside) and West Virginia (to take advantage of DFA funds availability, which seemed like a good idea in 2006 or so). We have been depositing only in WI for a number of years now (taking advantage of tax deduction), bu...
by Scorpion
Thu Mar 02, 2017 9:19 am
Forum: Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 21667

Re: Possibly Financially Independent and Feeling Miserable

Random Poster, If you read other recent posts I have made, you will see that we are in highly similar situations. I think the very next thing you need to do is order this book and read it, and do the thinking exercises in it as necessary. Unlike you, I do have a lot of hobbies, but I was still worri...
by Scorpion
Tue Feb 28, 2017 4:56 pm
Forum: Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 2200

Re: New Target Asset Allocation for Early Retirement (long)

I am not sure you should consider your real estate holdings when calculating your aa. See this previous thread, particularly Rick Ferri's reply. https://www.bogleheads.org/forum/viewtopic.php?t=88865 Thanks for the point to that thread. Owning interests in particular real estate projects (apartment...
by Scorpion
Tue Feb 28, 2017 4:27 pm
Forum: Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 2200

Re: New Target Asset Allocation for Early Retirement (long)

Providing a bump for a well thought out post (probably too well thought out so there's nothing obvious for folks to point out). The annual limits will prevent it from having an immediate impact on your portfolio in terms of proportionality, but since you're inclined to invest in TIPS and you're lac...
by Scorpion
Tue Feb 28, 2017 2:02 pm
Forum: Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 2200

Re: New Target Asset Allocation for Early Retirement (long)

I'll throw some comments your way. I get the impression that you like playing around with your investments and that it's fun for you. That's great....I like doing that myself. I'm sure you'll see others suggesting that it's overly complicated and that you could go to a 3 fund portfolio and see very...
by Scorpion
Tue Feb 28, 2017 8:50 am
Forum: Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 2200

Re: New Target Asset Allocation for Early Retirement (long)

(bump) Hey guys, any thoughts on this? It took me a long time to draft up my post - would love any thoughts! If you think I am on the right track, even that would be helpful.
by Scorpion
Mon Feb 27, 2017 2:43 pm
Forum: Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 2200

New Target Asset Allocation for Early Retirement (long)

Fellow Bogleheads, I have announced my early retirement at my company, and I’m working with them to establish a last day of work. Thanks for all your help over the years in terms of saving and investment advice! I have been putting in a lot of work trying to figure out my post-retirement asset alloc...
by Scorpion
Wed Feb 08, 2017 6:01 pm
Forum: Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 3021

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those o...
by Scorpion
Wed Feb 08, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Historical Portfolio Returns Calculator
Replies: 7
Views: 1819

Re: Historical Portfolio Returns Calculator

Thanks everybody. These were exactly what I was looking for. Definitely understand past performance is no prediction of future results, but I really need to lock in on an asset allocation for pending retirement so that I can stay the course as I have for the last 17+ years. I find that, as I have st...
by Scorpion
Wed Feb 08, 2017 4:27 pm
Forum: Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 3021

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those o...
by Scorpion
Wed Feb 08, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: Historical Portfolio Returns Calculator
Replies: 7
Views: 1819

Historical Portfolio Returns Calculator

Is there a tool on the web somewhere that would let me put in a hypothetical asset allocation across the 9 style boxes plus bonds and it would produce the historical return of that AA over a specified time period? I am sure there must be such a calculator, but I have never stumbled across it. Though...
by Scorpion
Wed Feb 08, 2017 12:43 pm
Forum: Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 3021

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those ot...
by Scorpion
Wed Feb 08, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 152
Views: 55021

Re: WSJ Digital Subscription - a bargain!

I just subscribed to the digital version of the WSJ through an agency, Daily Subscription Agency (http://dailysubscription.com/). I paid $139.99 for two years, an absolute bargain. Since I was very fearful that it may be a fraud, I used my PayPal, which supposedly protects me. About 12 hours later ...
by Scorpion
Tue Jan 24, 2017 2:35 pm
Forum: Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 4339

Re: minimum necessary to retire at defined expense level

These are helpful responses that indicate I have more than enough. Thank you. Still a little worried about the sequence of returns risk, but I shouldn't be, I guess, since I make it to the end even if the sequence goes horrendously against me. If you have more than enough you've "won the game" but ...
by Scorpion
Tue Jan 24, 2017 11:30 am
Forum: Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 4339

Re: minimum necessary to retire at defined expense level

Thanks for all the thoughts so far. I shouldn't have even put in my musings on dividends - I knew it was probably wrong, but I checked a couple of stocks quickly to see what they did in the downturn, saw they didn't decrease their dividends, and decided to see what people thought. A quick search a f...
by Scorpion
Mon Jan 23, 2017 5:34 pm
Forum: Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 4339

Re: minimum necessary to retire at defined expense level

These are helpful responses that indicate I have more than enough. Thank you. Still a little worried about the sequence of returns risk, but I shouldn't be, I guess, since I make it to the end even if the sequence goes horrendously against me. Quick somewhat related question that I can post in a new...
by Scorpion
Mon Jan 23, 2017 3:41 pm
Forum: Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 3532

Re: Imminent Early Retirement - Asset Allocation?

Nedsaid, Not sure how likely you are to read this a couple weeks out from last post date, but I thought I would respond a little bit to your last thoughts and pose a question or two. 1. I do have umbrella liability insurance. 2. Making a giant shift to bonds as you mention scares me. If I move all r...
by Scorpion
Mon Jan 23, 2017 3:31 pm
Forum: Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 4339

minimum necessary to retire at defined expense level

So I'm reluctant to post my exact asset dollar figures, but I thought I would go at the question another way. I'm getting very close to early retirement, and I just want to make sure I have enough (getting a little more nervous the closer it gets = 1 month away from announcing to my company). I post...
by Scorpion
Thu Jan 12, 2017 12:43 pm
Forum: Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 3532

Re: Imminent Early Retirement - Asset Allocation?

Buy some low cost 20 year term life insurance for each of you and your wife. At your age it should be very cheap. I bet you can get $200K or more in insurance for less than $1K total per year. Then if something should happen to one or both of you your kids have more $$ safety and you have more $$ f...
by Scorpion
Thu Jan 12, 2017 12:35 pm
Forum: Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 3532

Re: Imminent Early Retirement - Asset Allocation?

I think a 60% stock/40% bonds portfolio, the traditional balanced portfolio, is a good one for most investors and the maximum that I would recommend for retirees. My standard portfolio advice for recent retirees would be 60/40 if you have pension income, 50/50 is a good retiree portfolio, and perha...
by Scorpion
Thu Jan 12, 2017 12:27 pm
Forum: Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 3532

Re: Imminent Early Retirement - Asset Allocation?

Some will chime in and say "If you have won the game, why keep playing?" But if you're looking at the potential for a 50+ year retirement, your best bet is to be heavy in equities. This SWR series from a Ph.D. economist was featured here recently, and it shows the best likelihood of your money last...
by Scorpion
Wed Jan 11, 2017 10:11 am
Forum: Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 516

Re: Quick question on capital gains at low income levels

[/quote] Consider that capital gains are included in deciding what tax bracket to apply to capital gains. The effect is incremental and you are only taxed on gains that put you over the bracket. There is never a cliff in tax bracket arithmetic. I may be explaining that badly, but your fear is not ju...
by Scorpion
Wed Jan 11, 2017 9:56 am
Forum: Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 516

Re: Quick question on capital gains at low income levels

Carrying over losses is not a choice. You have to offset losses and gains from the start. The right strategy is not to have both losses and gains in the same year when you are in that 0% tax bracket. If these are sales that already happened last year I am afraid your losses will be offset to no adv...
by Scorpion
Wed Jan 11, 2017 9:40 am
Forum: Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 516

Quick question on capital gains at low income levels

If you are below the ~$73K taxable income level where LTCG rates are zero, what happens to your capital losses that would otherwise reduce gains? I assume they are lost. For example, let's say I have 40K of gains and 20k of losses, all long-term, and taxable income for MFJ is less than 73K. Do we ne...
by Scorpion
Tue Jan 10, 2017 4:42 pm
Forum: Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 3532

Imminent Early Retirement - Asset Allocation?

So I am on track to announce my early retirement plans in about a month, and I anticipate perhaps a month of "glory run" work before they let me leave... and then I'm gone. I figured maybe it was time to start thinking about how, if at all, to transition my AA in retirement. My wife and I have relig...
by Scorpion
Thu Aug 25, 2016 9:31 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Unless I missed it, no one directly responded to the notion of whether to hold bonds in taxable versus retirement accounts. As I thought about a little bit, the answer seemed obvious - hold them in retirement accounts in all events. Presumably, if I would ever need the money from bonds at all, I wou...
by Scorpion
Thu Aug 25, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

I understand the need to manage risk in bond funds. A way to do that and still participate in decent yields is to choose a fund duration that you can feel comfortable with and provides decent amount of income for the risk. In my opinion, I think intermediate duration bond funds with durations aroun...
by Scorpion
Tue Aug 16, 2016 6:08 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 2565

Re: Question on Inflation

[/quote] I don't understand the above comparison. One is nominal and one is real, so they shouldn't be the same. Are they both supposed to be balances in your account after 10 years, taking into account expenses and increases in value of assets?[/quote] Yes, exactly. I know they are not supposed to ...
by Scorpion
Tue Aug 16, 2016 5:10 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 2565

Re: Question on Inflation

My struggle is that there is a huge difference in the projection depending on 1 or 2. Assume $2M in assets, $100k of expenses and 2% inflation and 8% nominal return on assets (including dividends). Assume no tax effects. After 10 years, you get the following results: Reduce assets by 2% a year: $2,1...
by Scorpion
Tue Aug 16, 2016 2:04 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 2565

Re: Question on Inflation

Thanks for the responses so far. To be clear, I do understand inflation and the fact that it can vary year to year and is not constant (and could be different for me personally). Those small variations will have much less impact than whether I do 1, 2 or 3 above - does everyone agree with sport's an...
by Scorpion
Tue Aug 16, 2016 11:50 am
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 2565

Question on Inflation

So, in connection with preparations to retire, I am working on a chart to track (a) how my investments (along with spouse's salary) will pay my annual expenses and (b) how my investments will continue to grow, given various assumptions. I am a bit confused as to how to factor in inflation though. On...
by Scorpion
Mon Aug 15, 2016 10:53 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

I'm not at all saying I can't be convinced on bonds. It's just hard to stomach 2% yields. Based on a few seconds of research, it would appear that 5 year CDs are yielding the same (2%) as bond funds - not very enticing. What would be great if bond interest rates went up a few percentage points in ju...
by Scorpion
Fri Aug 12, 2016 11:04 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Thanks for these continued thoughts. The "stop playing when you've won" point is definitely some food for thought. I guess there's the vague notion that it would always be nice to have "more," but yeah, no good reason, really. Any thoughts on the tax approach? do the bonds go in tax-preferred accoun...
by Scorpion
Thu Aug 11, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Declines in the price of a bond fund decrease total return in the year they happen, but over time the higher interest rates reward the owner. PJW But if like 1940s or 1950s through 1980s yields do not keep up with inflation and higher interest happens year after year after year and you do not catch...
by Scorpion
Thu Aug 11, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 4173

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Well, I guess it is accurate that I haven't really considered how BIG the downside is on bonds. I have been at my current AA for so many years (rebalancing between equity types) that I never even consider bonds. It's hard for me to get over the fact that the s&P 500 index fund and the Interm-Term Bo...