Search found 3844 matches

by iceport
Wed Aug 15, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation across 401k/taxable/Roth ira
Replies: 3
Views: 193

Re: Asset allocation across 401k/taxable/Roth ira

There's a lot that's missing from this picture. Are there any added fees in the 401k, or do you just pay the expense ratio of the funds you use? Do you already have, separately, an adequate emergency fund? What are your tax brackets? Yes, you have it right that once you have a new account with all s...
by iceport
Wed Aug 15, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Sidewalk repair - price in line?
Replies: 32
Views: 1826

Re: Sidewalk repair - price in line?

I am missing something here. Who owns this sidewalk? Where we are (northeast), the municipality owns sidewalks that run parallel to the street. I guess that it’s different in southern Florida. It might not be different in FL. In CT sidewalks are practically always located in the public ROW. That me...
by iceport
Tue Aug 14, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Sidewalk repair - price in line?
Replies: 32
Views: 1826

Re: Sidewalk repair - price in line?

The quoted price does not seem too far out of whack to me. I do agree that you should seek more quotes. Also, try to aggregate as much work as possible with your neighbors to benefit from the economy of scale. A small, isolated batch of Portland cement concrete could be inconvenient for many contrac...
by iceport
Tue Aug 14, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX, rebalancing...market crash question
Replies: 14
Views: 1739

Re: VTSAX, rebalancing...market crash question

At the risk of monopolizing the responses, I'll chime in again... What are some of your most recommended investment books/blogs? One of the very best introductory pieces — and this one's geared specifically towards younger investors — is Bill Bernstein's If You Can, available for free PDF download h...
by iceport
Tue Aug 14, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX, rebalancing...market crash question
Replies: 14
Views: 1739

Re: VTSAX, rebalancing...market crash question

I could put 20% into bonds. :thumbsup But I do have a question on that. Would the plan be to have the 20% there for when the inevitable downturn happens and then reallocate to equities after the dip (how can you call that?) or just leave it there and re-evaluate at some point down the line? The way...
by iceport
Tue Aug 14, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: SCZ
Replies: 8
Views: 1740

Re: SCZ

10 years in, SCV (Intl Developed Markets Small-Cap) has beaten both in absolute terms and on a risk-adjusted basis: VSS (Developed & EM Small Cap) EFA (Developed Markets Large and Mid Cap) VTIAX (Developed & EM All Cap) All this despite a high (0.4) ER. I’m gonna make this one 50% of my internation...
by iceport
Tue Aug 14, 2018 3:00 am
Forum: Investing - Help with Personal Investments
Topic: Question about tax loss harvesing
Replies: 4
Views: 284

Re: Question about tax loss harvesing

Hi, currently I have about 10,000 in unrealized short term loss with VTIAX in my brokerage account. I plan to exchange it with VFWAX in that account to harvest the loss. Would this be the right fund to substitute it with? Also in my Fidelity 401k account, I am currently contributing to FTIPX, will ...
by iceport
Tue Aug 14, 2018 1:43 am
Forum: Investing - Theory, News & General
Topic: TLH partner for IXUS
Replies: 5
Views: 409

Re: TLH partner for IXUS

It looks like VXUS is an ideal TLH replacement for IXUS. They are both all-cap international funds that include both developed and emerging markets. But while IXUS tracks the MSCI ACWI ex USA IMI Index, VXUS tracks the FTSE Global All Cap ex US Index; that plus a few thousand more stocks in VXUS sho...
by iceport
Mon Aug 13, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 110
Views: 6914

Re: [New Vanguard website layout starting Saturday, August 11]

My "Account overview" page is now showing up to the minute values, whereas I used to have to go to "balances and holdings" page to get the most recent value. YES! I just noticed this too. This was obviously more than a cosmetic change. After 6 PM ET on days the market was open, the top "Account ove...
by iceport
Mon Aug 13, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VTSMX
Replies: 10
Views: 770

Re: VTI vs VTSMX

I understand that VTI is an ETF and VTSMX is a index fund and their performance is identical. My question is then, why would you not choose VTI with the lower fees? Because I would hope to be eligible for VTSAX soon. If I owned VTI, instead of automatically being converted to VTSAX, I'd be stuck in...
by iceport
Mon Aug 13, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

I still say that's the wrong answer.

"Don’t gamble"; take all your savings and buy some good REIT, and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.
by iceport
Mon Aug 13, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX, rebalancing...market crash question
Replies: 14
Views: 1739

Re: VTSAX, rebalancing...market crash question

I don't have the ability to contribute to a workplace plan right now. The company I work for is very small. So if I've maxed out my IRA, which is only 5.5k, is it not smart to just pump money into a brokerage account with VTSAX since the tax liability isn't severe? Yup, that's OK. That's a great fu...
by iceport
Mon Aug 13, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX, rebalancing...market crash question
Replies: 14
Views: 1739

Re: VTSAX, rebalancing...market crash question

Welcome to the forum, eriister! You came to the right place. I'll start things off... Am I making sound decisions here? Well, from just what you posted, your commitment to saving and investing is excellent. I have a few comments and questions, which I’ll throw out in no particular order. Your choice...
by iceport
Mon Aug 13, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

First, I recommend studying the arguments in Bernstein's essay Do Your Asset Classes Care Where They Are? I could be wrong, but I don't think the question of whether to adjust asset allocation based on asset location has anything to do with the OP's question, and a foray into that discussion will l...
by iceport
Mon Aug 13, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Cleaning gas grill
Replies: 40
Views: 3143

Re: Cleaning gas grill

Pre-heat and burn-off after. Long-handled brass-wire brush after the pre-heat, right before you put the food on. That's it for decades, assuming your grill gets hot enough to burn off the grease and debris. Same here. When the grill is still hot after the last of the food comes off, I crank up the ...
by iceport
Mon Aug 13, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Clarification ref Governmental 457b distributions
Replies: 11
Views: 664

Re: Clarification ref Governmental 457b distributions

Unlike a Roth IRA where there are ordering rules allowing contributions and 5+ year conversions to come out tax-free. Non-qualified withdrawals from a Roth employer plan are made pro-rata with the pro-rated earnings subject to ordinary income tax. Interesting, Spirit Rider, thanks for the info. I n...
by iceport
Mon Aug 13, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: much better ytd return than the vg s&p 500
Replies: 7
Views: 828

Re: much better ytd return than the vg s&p 500

Just wondering what is your thought as for the YTD return. I can't imagine selecting an equity fund based on the performance of the fund over the last 7+ months. I can't even imagine selecting an equity index fund based on performance of the fund at all . Once you know what market exposure you want...
by iceport
Sun Aug 12, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Does Wash sale extension of holding period apply to gains?
Replies: 6
Views: 338

Re: Does Wash sale extension of holding period apply to gains?

It’s a shame that this do-over is not allowed if the shares you sold just happened to have gains. Well, there is a silver lining (if you're really a shiny happy sort of person). Folks sometimes lose sight of the fact that tax-loss harvesting is (or is often, barring careful plans otherwise) just an...
by iceport
Sun Aug 12, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Does Wash sale extension of holding period apply to gains?
Replies: 6
Views: 338

Re: Does Wash sale extension of holding period apply to gains?

Thanks, that’s what I figured. But there does seem to be an asymmetry here. Certainly one rationale for the wash sale rule is to prevent gaming the tax system. But the existence of 3b makes me think another rationale could be to provide a “do-over” for people who sold shares by mistake, to enable t...
by iceport
Sun Aug 12, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Does Wash sale extension of holding period apply to gains?
Replies: 6
Views: 338

Re: Does Wash sale extension of holding period apply to gains?

Here is my understanding of what happens during a wash sale: 1. You sell an existing taxable holding (let’s call it IJR) for a loss 2. Within 30 days you buy a “substantially similar” holding (let’s say VIOO) 3a. You are no longer allowed to count the sale of IJR as a taxable loss 3b. Your holding ...
by iceport
Sun Aug 12, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

To what cost basis issues are you referring? I think my cost basis concern might be misplaced. I just did a quick search of some of the marathon threads on the topic of the upgrade, and it seems that if there were any cost basis accounting issues they were isolated events, which probably means they...
by iceport
Sun Aug 12, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Please comment on our retirement allocation
Replies: 9
Views: 998

Re: Please comment on our retirement allocation

I agree with LeeMKE, it looks fine. The counterargument, of course, is that a low (or flexible) withdrawal rate gives you the flexibility to take on a little more risk, particularly if there are any legacy objectives. I'd say at 40% equity you are on the lower end of an ideal range (40% to 60%) of e...
by iceport
Sun Aug 12, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

Does that make sense? That makes sense. But it seems like many folks think that one can make a decision of where to put something and then they can never change the location ever again I think one can change things around when other things have changed. You're so right! That's one of the many splen...
by iceport
Sun Aug 12, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

One of the questions I'm pondering now is whether there is any downside to converting my Vanguard Total Stock (US) and Total Stock (International) Admiral shares to ETFs now on the chance that I might move them later. If there were a risk that Vanguard would, in the future, not allow such conversio...
by iceport
Sun Aug 12, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

You caught an oversight! I think the wiki article should say "tax-advantaged" instead of "tax-deferred." And now it does - good catch! Nice! Now that's service, FiveK. If I owned a REIT fund that was going to lose money, then I would want to own it in my tax-deferred accounts. If the OP owned a REI...
by iceport
Sun Aug 12, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

Yes, I have read it. Thank you for your help. Vp Does it make sense, or do you still have questions? I wasn't trying to be dismissive. Following through the example you can see that, given a constant tax rate (I know, big assumption) the traditional account gives you exactly the same result as the ...
by iceport
Sun Aug 12, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

Thank you. Here are my thoughts: If I diversify with a REIT in Roth, this means I pay taxes upfront. Money grows untaxed. I keep all the gains when withdrawing. That sounds great. In contrast, REIT placed in a 403b7 (I teach) = Money grows tax-free but I get taxed on the gains when I withdraw. Is i...
by iceport
Sun Aug 12, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: REIT placement... Why not a Roth? Why tax-deferred?
Replies: 25
Views: 1536

Re: REIT placement... Why not a Roth? Why tax-deferred?

Hi and thank you. I've been doing a lot a reading at the wiki and as well as within many books. I recently read that one should place a REIT within a Tax-deferred account. https://www.bogleheads.org/wiki/Real_estate_investment_trust Wouldn't one be better suited placing a REIT in a Roth IRA where t...
by iceport
Sun Aug 12, 2018 1:08 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

It’s funny that this forum is now supporting factor weighted investing, after lampooning Merriman on small cap value for years, now that it is the only fund that Fidelity doesn’t beat Vanguard on, after years of saying simplicity with a 3 fund portfolio (which Fidelity has better ER on now) is best...
by iceport
Sun Aug 12, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: Query IRA/ROTH IRA/401K conversion related
Replies: 4
Views: 363

Re: Query IRA/ROTH IRA/401K conversion related

I have a 401k plan with current employer to which I am contributing 100% pre-tax income. If I quit job on 31st dec and convert all of the money in that 401K to IRA and do not have much income next year, will I be able to convert (at least) considerable portion of the IRA to ROTH without paying taxe...
by iceport
Sat Aug 11, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

Are you telling me I could move everything to Fidelity with in-kind transfers? And thus I could completely eliminate any time out of the market? As others have noted it may depend on what you own. My move was one (non-admiral) Vanguard mutual fund. The fund was also available at the new brokerage b...
by iceport
Sat Aug 11, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 28
Views: 1997

Re: Buy back service time on pension

Good Listener: Regarding the possibility of an underfunded pension, I'm not excessively worried about it. Yes, it's a risk, no doubt about it. But while private companies that offer underfunded pensions go bankrupt, disappear, and don't necessarily make good on the pension, I think public employers...
by iceport
Sat Aug 11, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: “Safe” investment approaching retirement
Replies: 17
Views: 1655

Re: “Safe” investment approaching retirement

I was attracted by the yield (currently 3.37%) and short average duration (2.8 yrs.) to Vanguard Short-Term Corporate Bond Index Fund (VSCSX). There is some interest rate sensitivity, but it is limited. It's investment grade, not US bonds, and it wasn't around in 2008/2009, but you can see how it wo...
by iceport
Sat Aug 11, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 28
Views: 1997

Re: Buy back service time on pension

Good Listener: Regarding the possibility of an underfunded pension, I'm not excessively worried about it. Yes, it's a risk, no doubt about it. But while private companies that offer underfunded pensions go bankrupt, disappear, and don't necessarily make good on the pension, I think public employers...
by iceport
Sat Aug 11, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Query IRA/ROTH IRA/401K conversion related
Replies: 4
Views: 363

Re: Query IRA/ROTH IRA/401K conversion related

It depends on how you define "considerable." Using the standard deductions from 2018, the first $12k isn't taxed if single, or $24k if MFJ. With larger itemized deductions, more income would be tax-free. But even one of the lower brackets (10% or 12%) could still be well below your working tax rate....
by iceport
Sat Aug 11, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 9486

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

A decent article, though if this is the columnist I think he is, I'm not generally a fan. This was my favorite line: And they suggest that the current good times may amount to a reprieve: an opportunity to make sure that you are prepared for a storm. It is true that now would be a more opportune tim...
by iceport
Sat Aug 11, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

I'm amazed at how casually other folks can approach moving their funds around. Do you ever check to see if there was an unintended market-timing cost? I use ETFs. I always move my assets in-kind. There is no market-timing. Mutual funds can be moved in kind also. In my experience, moving IRAs always...
by iceport
Sat Aug 11, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 110
Views: 6914

Re: Anyone noticing Vanguard website changes today Saturday August 11

LadyGeek wrote:
Sat Aug 11, 2018 2:06 pm
Paul Romano - You had a duplicate thread. I removed your duplicate post and merged the replies into here.
There's another one over here: New layout of vanguard.com
by iceport
Sat Aug 11, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 110
Views: 6914

Re: Anyone noticing Vanguard website changes today Saturday August 11

Anyone else noticing these changes? I think they should announce when they are making changes to the website. Yes, and I agree. Beyond that, it seems they are still in some sort of transition. If you navigate around enough, you can still land on the old style web pages. Seems a little amateur for s...
by iceport
Sat Aug 11, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me a bigger story than the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. If there is some debate about whether the two ...
by iceport
Sat Aug 11, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Wash sale rules
Replies: 8
Views: 692

Re: Wash sale rules

^^^^You got it!
by iceport
Sat Aug 11, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 22
Views: 1150

Re: Mutual Funds vs. ETF's

Silk McCue wrote:
Sat Aug 11, 2018 9:21 am
I link to the article would be helpful.
Could it be the same one in this thread?? WSJ: When to Pick Mutual Fund over ETF?
by iceport
Sat Aug 11, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: I had a meeting with David Swensen tonight!
Replies: 59
Views: 9428

Re: I had a meeting with David Swensen tonight!

it looks like total world is about 55% US, 10% EM (rounding your figures) and 35% developed international. swensens initial recommendation, which i tend to follow, was for 50% in non-reit stocks with 30% US, 15% Developed International, 5% EM. as a % of the non-reit stocks that would be: 60% US, 30...
by iceport
Fri Aug 10, 2018 10:48 pm
Forum: Investing - Theory, News & General
Topic: Wash sale rules
Replies: 8
Views: 692

Re: Wash sale rules

Thanks, your response makes sense, it's what i suspected was the case, but laws aren't always rationale so i figured best to check. So as long as i sell all shares of the substantially identical security i purchased in the last 30 days and don't repurchase for the next 30 days i'm good to sell and ...
by iceport
Fri Aug 10, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Wash sale rules
Replies: 8
Views: 692

Re: Wash sale rules

Scenario 1 is a wash sale; Scenario 2 is not. The rationale is based on the concept of replacement shares . In Scenario 1 you would clearly hold replacement shares. In Scenario 2 you hold no replacement shares (because you hold no shares at all), so the shares you bought yesterday cannot be replacem...
by iceport
Fri Aug 10, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: I had a meeting with David Swensen tonight!
Replies: 59
Views: 9428

Re: I had a meeting with David Swensen tonight!

just bumping this interesting thread from a few years ago. I guess if one follows Swensen and holds a separate allocation to EM it might be time to rebalance. Hi grok, My portfolio strongly resembles Swensen's model portfolio, and I do have a dedicated allocation to EM with a small tilt. But last t...
by iceport
Fri Aug 10, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: I had a meeting with David Swensen tonight!
Replies: 59
Views: 9428

Re: I had a meeting with David Swensen tonight!

just bumping this interesting thread from a few years ago. I guess if one follows Swensen and holds a separate allocation to EM it might be time to rebalance. Hi grok, My portfolio strongly resembles Swensen's model portfolio, and I do have a dedicated allocation to EM with a small tilt. But last t...
by iceport
Fri Aug 10, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8102

Re: The Bigger Story: Fidelity Expense Ratios

Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. ... If there is some debate about whether the two ZERO funds (and their .04% difference) are worth moving from Vanguard to Fidelity, is the fact that virtually ALL of their index funds are significantly che...
by iceport
Fri Aug 10, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 200
Views: 10404

Re: Larry Swedroe: Valuations Too High?

To help those for whom this seems difficult First, when young and starting out on your investment career, unless lucky to be born to wealth, your AA should be dominated by your ability and willingness to take risk. Valuations won't matter much if at all because you should be saving and investing as...
by iceport
Thu Aug 09, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 200
Views: 10404

Re: Larry Swedroe: Valuations Too High?

To try to be helpful in clearing things up I appreciate Larry's insights; we are fortunate for his contributions. I'd just like to comment on the relative importance of valuations on the "need to take risk." Second, IMO only a total fool could conclude that valuations don't matter as they matter an...