Search found 90 matches

by FIby45
Mon Nov 30, 2020 9:23 am
Forum: Investing - Theory, News & General
Topic: How does the stock market return 7%?
Replies: 62
Views: 6323

Re: How does the stock market return 7%?

Revenue growth has components - inflation, productivity efficiencies, innovation (new products = new demand). Do these actually add up to 7% yoy growth in profits? how much can productivity improve, it looks like we are almost at the end point there, and innovation? there is a limit there as well c...
by FIby45
Mon Nov 30, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Doesn't Work
Replies: 7
Views: 934

Re: Personal Capital Doesn't Work

It's unfortunate. It could be such a valuable tool. Perhaps they are more focus on just getting people to sign up so they can offer them their advisory services
by FIby45
Sat Nov 28, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Doesn't Work
Replies: 7
Views: 934

Personal Capital Doesn't Work

Long time personal capital user. Here are just a few issues I have uncovered: 1. Cash flow and income- Mobile deposits to vanguard are not shown as income or cashflow. I often make mobile deposits of checks directly into Vanguard. You cannot fix this- even if you change the "type" even if ...
by FIby45
Tue Nov 17, 2020 9:26 am
Forum: Investing - Theory, News & General
Topic: Any long term (+1 years) personal capital users?
Replies: 18
Views: 1737

Re: Any long term (+1 years) personal capital users?

2+ years. Major issue- if you make a mobile check deposit to Vanguard (which I do often) it incorrectly files it as "transfer" and you can't fix it even through reclassification I have spoken w personal capital about this a number of times. That breaks lots of things- cash flow, and perfor...
by FIby45
Fri Nov 13, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 113
Views: 39655

Re: Rules of Thumb: Max House Value as % of Net Worth?

I don't think there can be a rule-of-thumb without considering location, location, location. For instance, look at homeowners in Texas and California. Many Californians use their home as a 401(k) because otherwise they would not be able to afford a home. OTOH, homes of the same size in Texas could ...
by FIby45
Fri Nov 13, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 177
Views: 27098

Re: first million [in your retirement portfolio]

k1982 wrote: Tue Oct 27, 2020 5:48 pm 1) what age did you hit your first million in your retirement portfolio?
What is a "retirement portfolio" compared to just a portfolio? Tax advantaged accounts?
by FIby45
Mon Nov 09, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 12160
Views: 939862

Re: U.S. stocks continue to soar!

Keenobserver wrote: Mon Nov 09, 2020 8:49 am
lostdog wrote: Mon Nov 09, 2020 8:43 am
Vtsax100 wrote: Mon Nov 09, 2020 8:42 am Im really worried about Forester. :(
Same...:(
lol i was thinking the same. Poor Forestor. Maybe he was hoping.we would all sell.so.he can buy? I wonder. Thank you fellow Boogleheads for teaching me to ignore the noise and stick with fundamentals.
Who is "Forester?"
by FIby45
Sun Nov 08, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: Syndicated real estate taxation
Replies: 6
Views: 552

Re: Syndicated real estate taxation

As a limited partner in a real estate investment, your income or loss from that activity is "passive". Passive losses are generally not deductible except to the extent of other passive income, so any losses not currently allowed will be carried forward. In future years, any prior year una...
by FIby45
Sat Nov 07, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: Syndicated real estate taxation
Replies: 6
Views: 552

Re: Syndicated real estate taxation

annu wrote: Sat Nov 07, 2020 1:23 pm What syndication are you going with, is it online forum like crowdstreet?

Private placement.
by FIby45
Sat Nov 07, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Syndicated real estate taxation
Replies: 6
Views: 552

Re: Syndicated real estate taxation

Also... As I understand it k1 losses from syndicated cannot offset k1 from another business in which you may be an owner but can for other real estate businesses (properties) in which you are invested as an lp. That doesn't make sense to me as they are both just businesses in essence. Does the diffe...
by FIby45
Sat Nov 07, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Syndicated real estate taxation
Replies: 6
Views: 552

Syndicated real estate taxation

I want to make sure I have this right. As a limited partner in a syndicated real estate deal I get a k1 each year. That k1 may show a profit or a loss (I understand the depreciation aspect.) Let's say k1 year one shows a -$25k loss. Although this is not the "meat" of my question, I think c...
by FIby45
Wed Oct 14, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Seriously, what is going on with international?
Replies: 277
Views: 26122

Re: Seriously, what is going on with international?

Foreign economies won't get bailed out by US Fed?

Just a guess.
by FIby45
Sat Oct 10, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 186
Views: 20502

Re: How long after starting investing, did you start to be happy about the power of compounding?

Download a compound interest calculator to your phone which has an output table. Enter your current invested amount, and how much you plan to invest monthly, and the expected return (I use 4-6%.). Put investment time as how long you plan to live. Run the calc. Look at the table. Figure out what numb...
by FIby45
Tue Sep 22, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Re: Vanguard Account Upgrade and Dividend Reinvestment

Yes- I agree vti to itot is not a wash.
by FIby45
Mon Sep 21, 2020 8:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Re: Vanguard Account Upgrade and Dividend Reinvestment

These were all tax advantages accounts (my taxable was opened as a brokerage) so no spec ID offered. Makes it worse because I will lose basis if I TLH in those accounts . If these are tax-advantaged accounts, the basis is irrelevant because the transactions inside the account are not taxable events...
by FIby45
Mon Sep 21, 2020 8:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Re: Vanguard Account Upgrade and Dividend Reinvestment

These were all tax advantages accounts (my taxable was opened as a brokerage) so no spec ID offered. Makes it worse because I will lose basis if I TLH in those accounts . If these are tax-advantaged accounts, the basis is irrelevant because the transactions inside the account are not taxable events...
by FIby45
Mon Sep 21, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Doesn't it still make sense to hold bonds in tax advantaged?
Replies: 37
Views: 2782

Re: Doesn't it still make sense to hold bonds in tax advantaged?

Last I heard, the yield on the ten-year Treasury was 0.68%. So if you're in the highest of all possible tax brackets, and you have a $1m Treasury portfolio, you will save about $2500 by putting your bonds in an IRA, which is less than most people spend on ice cream in a year. My point--at 0.68% exp...
by FIby45
Mon Sep 21, 2020 10:57 am
Forum: Investing - Theory, News & General
Topic: Doesn't it still make sense to hold bonds in tax advantaged?
Replies: 37
Views: 2782

Re: Doesn't it still make sense to hold bonds in tax advantaged?

You can TLH bonds too. They just need to be the right kind of bonds. https://www.bogleheads.org/forum/viewtopic.php?t=322058 I will check out the link, but unless it is an ultra risky bond, the type that I typically do not invest in, I wouldn't think the opportunity for tax loss harvesting could be...
by FIby45
Mon Sep 21, 2020 9:48 am
Forum: Investing - Theory, News & General
Topic: Doesn't it still make sense to hold bonds in tax advantaged?
Replies: 37
Views: 2782

Doesn't it still make sense to hold bonds in tax advantaged?

I have seen some comments on the forum that this perhaps is no longer the case due to extremely low interest rates and yields on stocks being more than bonds. Does this consider TLH? Do the TLH opportunities of keeping stocks in taxable accounts and bonds in tax advantaged outweigh the tax advantage...
by FIby45
Mon Sep 21, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Re: Vanguard Account Upgrade and Dividend Reinvestment

These were all tax advantages accounts (my taxable was opened as a brokerage) so no spec ID offered. Makes it worse because I will lose basis if I TLH in those accounts. If these are tax-advantaged accounts, the basis is irrelevant because the transactions inside the account are not taxable events....
by FIby45
Mon Sep 21, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Re: Vanguard Account Upgrade and Dividend Reinvestment

stan1 wrote: Mon Sep 21, 2020 9:10 am Also make sure the cost basis method didn't change when the accounts were converted.
Good call. Thanks.

These were all tax advantages accounts (my taxable was opened as a brokerage) so no spec ID offered. Makes it worse because I will lose basis if I TLH in those accounts.
by FIby45
Mon Sep 21, 2020 9:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1787

Vanguard Account Upgrade and Dividend Reinvestment

I recently upgraded my Vanguard accounts to brokerage. In the old accounts I had reinvestment of dividends/capital gains turned off. This morning, when prepping for a tax loss harvesting, I noted activity from last Friday. DIVIDEND REINVESTMENT!! Apparently when I switched they reinstated dividend r...
by FIby45
Mon Sep 21, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9908

Re: [Professor Jeremy Siegel says 75/25 in retirement]

Interesting discussion given time period.

Last post was Feb 10- I think 9 days before market started to tank w COVID.

Curioua, how many of the 75-100% equities posters held the course? (Yes, I am aware it has all recovered.)
by FIby45
Sun Sep 20, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 380
Views: 31597

Re: Is anyone waiting until after the election?

Is anyone? Sure. Am I? Nope.
by FIby45
Sat Sep 19, 2020 6:14 pm
Forum: Personal Investments
Topic: Mortgage as a negative Bond
Replies: 48
Views: 9244

Re: Mortgage as a negative Bond

Another question. Let's say I want to maintain a 75/25 equity/fixed.

If I want to take out a $1MM mortgage- does this mean I need to have $2mm in bonds, $3mm in equities to maintain that allocation?
by FIby45
Sat Sep 19, 2020 6:04 pm
Forum: Personal Investments
Topic: Mortgage as a negative Bond
Replies: 48
Views: 9244

Re: Mortgage as a negative Bond

Resurrect. I understand the reasoning behind paying down debt with higher interest (mortgage) rather than loaning at lower interest (bond.) In this thread it says "if risk free return on bonds is lower, pay down mortgage." Isn't the risk free return when mortgages are written ALWAYS lower ...
by FIby45
Thu Sep 17, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1095

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

I have an inherited ira that requires rmd at this time. Is that were I should place my bonds first?
by FIby45
Thu Sep 17, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1095

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

So what is the point of muni bonds for high income earner then?

Basically you would buy them if your tax advantaged accounts do not have space to hold your necessary allocation of bonds?
by FIby45
Thu Sep 17, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1095

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

The "flaw" is thinking your retirement accounts are untouchable when you just need to rebalance as needed to keep your funds tax efficient. As you get closer to qualified age, that "untouchability" becomes more and more meaningless. It is always your money. For example if I need...
by FIby45
Thu Sep 17, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1095

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

The "flaw" is thinking your retirement accounts are untouchable when you just need to rebalance as needed to keep your funds tax efficient. As you get closer to qualified age, that "untouchability" becomes more and more meaningless. It is always your money. For example if I need...
by FIby45
Thu Sep 17, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1095

Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

There are many topics covering AA- but I don't see many discussing taxable/non-taxable except "bonds generate income so you want it in non-taxable." I think there are other factors that matter. Namely: age and ability to access the money in the accounts. I am late 30's. I max out retiremen...
by FIby45
Tue Sep 15, 2020 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Is This a Good or Bad Time to Buy a House?
Replies: 21
Views: 3033

Re: Is This a Good or Bad Time to Buy a House?

Interesting responses. No one asked- what's the rental market like in your area? Have you done a rent vs buy calculator? I like the nyt one. Google it. I rent and could easily buy. Why? Rents where I live are super cheap compared to home prices. I'm of the minority opinion that buying is not all it'...
by FIby45
Mon Sep 14, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4098

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

P/Es are only relevant when adjusted for underlying interest rates. For all we know 30x may well be the "norm" for decades..... if interest rates are going to stay sub-1%. This is super important, but it seems like it’s not a very popular topic of conversation. To the OPs question, I don’...
by FIby45
Mon Sep 14, 2020 1:40 pm
Forum: Investing - Theory, News & General
Topic: "Converting Vanguard Mutual Funds To ETFs"
Replies: 53
Views: 7093

Re: "Converting Vanguard Mutual Funds To ETFs"

Just ran across this concept over on the Quicken forum - didn't even know about the conversion feature. My overall question would be - WHY - Beside the ER, what about Cap Gains - I'd have to look at the 1099 to see if the Vanguard MF had any CG reported. If not for the ER or the potential CG - Why ...
by FIby45
Mon Sep 14, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 149
Views: 16758

Re: Vanguard Advertising Mutual Fund to ETF Conversion

More options for converting to similiar exposures during TLH.

Eg. VTI to ITOT
by FIby45
Mon Sep 14, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 434
Views: 284177

Re:

This is NOT a slam at Sheepdog, who did what he had to do. But it should be noted for the historical record (hey, I'm a historian by training) that the next trading day after he sold some of his equity holdings, major stock market benchmarks turned positive: Dow Jones Industrial Average: +11.1 perc...
by FIby45
Mon Sep 14, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 434
Views: 284177

Re: YOUR RESPONSES

Are very interesting. First, my allocation for a long time has been 33% cash (Prime MM, 33% bonds (Intermediate and High Yield Munis ,) and 33% stocks ( Index 500 and Health Care fund) for the most part. I invested in most of these funds about 10 years ago, except for the Index 500 in which I have ...
by FIby45
Mon Sep 14, 2020 12:13 pm
Forum: Forum Issues and Administration
Topic: Email notifications not working?
Replies: 6
Views: 1065

Re: Email notifications not working?

Hmmm. Well I received an email notification for your message. I think I may have found my confusion. It has to do with the way "subscribe" appears at the top of posts. If you are not subscribed it appears as an already checked box (which says "subscribed") and if you are subscrib...
by FIby45
Mon Sep 14, 2020 9:25 am
Forum: Forum Issues and Administration
Topic: Email notifications not working?
Replies: 6
Views: 1065

Re: Email notifications not working?

Same issue.

I am also not getting notifications in the site to subscribed topics.
by FIby45
Mon Sep 14, 2020 9:23 am
Forum: Personal Investments
Topic: Cash vs Bonds
Replies: 11
Views: 3414

Re: Cash vs Bonds

Does equation change for top tax brackets?
by FIby45
Sun Sep 13, 2020 9:47 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation-What have you learned about yourself?
Replies: 51
Views: 3696

Re: Asset Allocation-What have you learned about yourself?

Big "emergency/opportunity fund" to ride out any downturn for several years if need be. Then I'm less concerned about "risk" as I know I won't be tempted to sell much during big downturns.
by FIby45
Sun Sep 13, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 11271

Re: Reasons to invest internationally, or not.

At some point the US was an "emerging market."

I would have hated to miss that buy.
by FIby45
Sun Sep 13, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard mutual to etf conversion considered a "buy/sell" event for tlh?
Replies: 4
Views: 345

Is Vanguard mutual to etf conversion considered a "buy/sell" event for tlh?

I have mutual funds w vanguard. A couple of lots have losses I would like to tlh. I typically swap to fidelity etf's for that purpose (and vice versa.). E.g. vtsax convert to vti, sell, buy itot Is the conversion from mutual to etf a buy event I then need to wait 30 days to convert to avoid wash sale?
by FIby45
Sun Sep 13, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 356
Views: 29560

Re: What is your age and asset allocation ?

One note I am surprised at the number of folks that are note 100% stock in their 30 s and 40 s. If your retirement time horizon is 15 to 20 or 25 years - time is your friend in the market. But everyone’s risk tolerance is different. I'm one of those. Late 30's. 75/25 s/b and trending towards more f...
by FIby45
Sun Sep 13, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 356
Views: 29560

Re: What is your age and asset allocation ?

38.

75/25 equities/fixed. Sizeable EM (multi year)

Equities- 50 us, 25 emerging, 25 developed

Fixed- 50% muni/50% cash (cash probably isn't "fixed" but e low bond yields I don't see the point)
by FIby45
Sat Sep 12, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4098

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

David Jay wrote: Sat Sep 12, 2020 11:52 am
FIby45 wrote: Sat Sep 12, 2020 9:30 amS&P 500 PE Ratio:
Mean: 15.82
Median: 14.83
Did you follow the link I provided and read through the thread?
Yep. Very interesting.
by FIby45
Sat Sep 12, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4098

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

What's the alternative? One alternative is resigning to no growth or very little growth. Bonds paying nothing is an alternative. Cash (even with inflation.). Midwest real estate that is cashflowing is an option. There would be alot of better options if the market drops 50% (which I understand can't...
by FIby45
Sat Sep 12, 2020 9:30 am
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4098

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

Not sure the market is trading at 30X yet (the S&P's at 25ish?) but a good question. No is probably the technically correct answer but easier said than done at times. I think my asset allocation takes care of this. The equity market being "overvalued" is one of the risks I'm reflectin...
by FIby45
Sat Sep 12, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4098

Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

Firstly, I consider myself a boglehead investor. I auto invest monthly in low cost index funds. Mid-30's with a equity/fixed allocation of 75/30. 50% US equities, 25% emerging, 25% developed (that works for me.) Very large emergency fund. I understand the general value of "don't try to time the...