Search found 203 matches

by Kookaburra
Fri Aug 07, 2020 6:32 pm
Forum: Personal Investments
Topic: deciding when to sell to implement allocation change?
Replies: 7
Views: 354

Re: deciding when to sell to implement allocation change?

We are near ATHs. If you have just decided that your AA is too aggressive and want to make a sudden, significant shift to more bonds, consider yourself a winner relative to those who slowly glided towards more bonds over the last several years. Going forward, I would recommend trying to stay at your...
by Kookaburra
Fri Aug 07, 2020 5:09 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value vs Mega Cap Growth
Replies: 23
Views: 806

Re: Small Cap Value vs Mega Cap Growth

https://imgur.com/T25C4YT.png nisiprius: Thank you for sharing this very good advice (in red) from Vanguard. Investing in a simple, low-cost, highly diversified total market index fund solves the problem. Best wishes. Taylor Jack Bogle's Words of Wisdom : "The beauty of owning the market is that yo...
by Kookaburra
Thu Aug 06, 2020 9:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7459
Views: 606558

Re: U.S. stocks continue to soar!

Y’all are jinxing it. Futures are down. I don’t think the market likes the news that Congress isn’t even close to a compromise deal.
by Kookaburra
Thu Aug 06, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: Is the Stock Market "too big to fail"?
Replies: 27
Views: 2791

Re: Is the Stock Market "too big to fail"?

drk wrote:
Tue Aug 04, 2020 10:54 pm
Kookaburra wrote:
Tue Aug 04, 2020 5:46 pm
Over the past decade, the Fed seems to be operating with propping up stocks as its third, albeit unspoken, mandate.
The last decade? You must be unfamiliar with Alan Greenspan.
Nope, but my grandpa told me about him.
by Kookaburra
Thu Aug 06, 2020 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Congratulations, You’ve won a million dollars ....
Replies: 20
Views: 4870

Re: Congratulations You’ve won a million dollars ....

How does one determine an appropriate discount rate?
by Kookaburra
Tue Aug 04, 2020 5:46 pm
Forum: Investing - Theory, News & General
Topic: Is the Stock Market "too big to fail"?
Replies: 27
Views: 2791

Re: Is the Stock Market "too big to fail"?

Over the past decade, the Fed seems to be operating with propping up stocks as its third, albeit unspoken, mandate.
by Kookaburra
Sun Aug 02, 2020 4:31 pm
Forum: Personal Investments
Topic: VWIUX or VTEAX?
Replies: 8
Views: 547

Re: VWIUX or VTEAX?

hudson wrote:
Sun Aug 02, 2020 3:31 pm
Kookaburra wrote:
Sun Aug 02, 2020 12:18 pm
Hi Bogleheads

On the surface, these 2 funds seem very similar. Is there a compelling reason to select one over the other?
VWIUX works better if you ever tax loss harvest because it does daily accrual. VTEAX/VTEB do not.
Thanks. What would be a good TLH partner for it?
by Kookaburra
Sun Aug 02, 2020 12:18 pm
Forum: Personal Investments
Topic: VWIUX or VTEAX?
Replies: 8
Views: 547

VWIUX or VTEAX?

Hi Bogleheads On the surface, these 2 funds seem very similar. Is there a compelling reason to select one over the other? VWIUX = Intermediate-Term Tax-Exempt Admiral SEC Yield= 1.16% 91% A or better Avg Duration 4.7 years VTEAX = Tax-Exempt Bond Index Admiral SEC Yield = 1.23% 93% A or better Avg D...
by Kookaburra
Sat Aug 01, 2020 7:59 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity charge transfer fees?
Replies: 2
Views: 416

Does Fidelity charge transfer fees?

Hi Bogleheads Looking to transfer my brokerage account from Fidelity to Schwab. The account only has 2 ETFs (VTI and IXUS), and I plan to transfer them in-kind. Does anyone know if Fidelity charges any sort of fee for this, be it called a transfer fee, ACATS fee, account closure fee, etc.? Thank you.
by Kookaburra
Fri Jul 31, 2020 11:41 pm
Forum: Personal Consumer Issues
Topic: Does a couple really "need" an SUV?
Replies: 222
Views: 11065

Re: Does a couple really "need" an SUV?

If they did need an SUV, how did they survive before SUVs even existed?
by Kookaburra
Fri Jul 31, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Trying to Understand ETF Buy/Sell
Replies: 8
Views: 344

Trying to Understand ETF Buy/Sell

Hi Bogleheads I like to understand my investments. If I can't understand or explain how something works, then I don't invest in it. In that light... While I would like to invest in ETFs for their lower ERs and better portability, I am struggling to understand the mechanics for buying and selling. I'...
by Kookaburra
Thu Jul 30, 2020 6:58 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 7998

Re: Poor service at Vanguard making me re-think my decision

Ever notice how Fidelity’s interface is green (whereas Vanguard’s is red). Coincidence?
by Kookaburra
Thu Jul 30, 2020 12:02 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2249
Views: 385998

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I’m confused on how the bonus gets treated for different types of accounts. The above discussion says that if you transfer a Roth IRA, that the bonus gets put into the Roth space and is treated as growth, i.e., it doesn’t get taxed, and it doesn’t count against your contribution limit. But if one we...
by Kookaburra
Wed Jul 29, 2020 11:45 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2249
Views: 385998

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I'd like to offer one pointer. When you have a choice, it's best to get your transfer bonuses added into Roth accounts. The bonuses are added to those Roth accounts as Roth assets and you'll not receive a Form 1099 requiring you to pay taxes on those bonuses. When the bonuses are put into tradition...
by Kookaburra
Wed Jul 29, 2020 9:12 pm
Forum: Personal Investments
Topic: Converting mutual fund to ETF at Vanguard
Replies: 16
Views: 721

Re: Converting mutual fund to ETF at Vanguard

Is it preferable to transact in the middle of the day, or right near the close? Doesn't matter. You get the closing NAV -- not the market price -- of the ETF on the day in question. Only the day matters, not the time you submit the request. Is it better to do this on a day when the market is relati...
by Kookaburra
Wed Jul 29, 2020 8:19 pm
Forum: Personal Investments
Topic: Converting mutual fund to ETF at Vanguard
Replies: 16
Views: 721

Converting mutual fund to ETF at Vanguard

Hi Bogleheads I’m interested in converting a mutual fund to ETF in my Vanguard account. Specifically, I’d like to convert Total Int’l (VTIAX to VXUS). I understand the differences in these two products, so this post isn’t about that. Rather, I’d like to understand how to best conduct this conversion...
by Kookaburra
Wed Jul 29, 2020 7:00 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2249
Views: 385998

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I'd like to offer one pointer. When you have a choice, it's best to get your transfer bonuses added into Roth accounts. The bonuses are added to those Roth accounts as Roth assets and you'll not receive a Form 1099 requiring you to pay taxes on those bonuses. When the bonuses are put into tradition...
by Kookaburra
Wed Jul 29, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: My First Brokerage Transfer: Please Review My Plan
Replies: 1
Views: 240

My First Brokerage Transfer: Please Review My Plan

I am contemplating playing the brokerage transfer bonus game. As this is my first time with this, I’d appreciate if folks could critique my plan and offer any additional advice on do/don’ts. I have some ETFs (VTI, IXUS) in a Fidelity brokerage that will serve as the source of the funds, and I’d like...
by Kookaburra
Wed Jul 29, 2020 5:52 pm
Forum: Personal Investments
Topic: Fidelity reimburse transfer fees from other brokers?
Replies: 5
Views: 4307

Re: Fidelity reimburse transfer fees from other brokers?

I inquired with Fidelity online about moving some accounts from Edward Jones to Fidelity. I asked them if I would incur charges from Edward Jones for transferring my accounts. They told me to call the Investment Solutions team to find out if I can be reimbursed? Is this something they normally do? ...
by Kookaburra
Wed Jul 29, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2249
Views: 385998

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I have some questions re: brokerage transfers: 1. Does anyone get nervous transferring the large $ amounts needed to get the bonuses? Anyone have horror stories of transfers that have gone awry? 2. What are the implications to one’s credit score for opening new brokerage accounts? 3. Are there trans...
by Kookaburra
Wed Jul 29, 2020 4:24 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 7998

Re: Poor service at Vanguard making me re-think my decision

I moved to E*TRADE after thirty (30) years with Vanguard, also due to a decline in the quality of service, several failures/missteps by Vanguard on what should have been routine matters, and the discontinuation of the VanguardAdvantage service and all Flagship benefits. It has been a great experien...
by Kookaburra
Mon Jul 27, 2020 8:28 pm
Forum: Personal Investments
Topic: Any Brokerage Account Bonus Offer with No Minimum (or very low) Deposit?
Replies: 4
Views: 424

Re: Any Brokerage Account Bonus Offer with No Minimum (or very low) Deposit?

There are several. https://www.doctorofcredit.com/best-brokerage-bonuses-earn-up-to-3500/ But, buy VTI or a similar ETF instead of any mutual fund. That's because mutual funds have weird vendor lock-in issues, with weird restrictions on availability and sometimes with much higher transaction costs....
by Kookaburra
Thu Jul 23, 2020 3:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Updates 10y expected Returns
Replies: 17
Views: 2603

Re: Vanguard Updates 10y expected Returns

Meh- these predictions aren’t worth the bytes used for the font.
by Kookaburra
Thu Jul 23, 2020 3:24 pm
Forum: Personal Investments
Topic: Solo 401k logistics
Replies: 10
Views: 644

Re: Solo 401k logistics

In my discussion with Fidelity regarding their solo 401(k), they said an EIN is only needed when you are preparing to take money out of the plan. They advised getting one for this future purpose, but didn’t say it was needed to set up or contribute. To your second question, you don’t need to earn in...
by Kookaburra
Tue Jul 21, 2020 4:50 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 17483

Re: [Average return for 100/0, 70/30 asset allocation]

Why is the debate 100/0 vs 70/30? Why not start at 100/0+EF in one’s 20s, glide down to 70/30 in one’s 40s, and glide further down near retirement as desired to reduce sequence of returns risk?
by Kookaburra
Tue Jul 21, 2020 12:53 pm
Forum: Personal Consumer Issues
Topic: Smartphone security
Replies: 14
Views: 963

Smartphone security

Hi Bogleheads I saw a piece on the news about scammers gaining access to other people’s smartphones by “porting out” the phone number to another device and then using that to access the apps, emails, etc. The advice given to prevent this was to contact your cell carrier and ask to have your phone nu...
by Kookaburra
Tue Jul 21, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance: Who Should Hold the Policy?
Replies: 4
Views: 290

Life Insurance: Who Should Hold the Policy?

Hi Bogleheads

Looking to purchase term life insurance for DH. We have the details figured out, except for one...

Should he purchase the policy, or should I purchase/hold the policy in his name?

I don’t understand the pros/cons of each option. Hoping for some advice here.

Thank you.
by Kookaburra
Sun Jul 19, 2020 12:52 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 196
Views: 13537

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

Rick Ferri wrote:
Sat Jul 18, 2020 5:39 pm
Here is where things are, folks.

The Vanguard Short-Term Treasury Fund Investor Shares (VFISX) had a 30-day SEC yield of 0.00% as of 7/16/20.
Well, on the plus side, this makes it extremely tax-efficient and suitable for holding in a taxable account. :D
by Kookaburra
Wed Jul 15, 2020 9:57 am
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 82
Views: 5763

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

Taylor Larimore wrote:
Wed Jul 15, 2020 9:48 am
9. A loyal customer is appreciated and usually treated better.
10. Less chance of errors.
In theory, this should be the case. But unfortunately...
by Kookaburra
Tue Jul 14, 2020 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 17
Views: 1747

Re: Withdrawals at retirement from 50/50 portfolio

I’ve often wondered this question too and am confused because of the following... My understanding is a common recommendation during retirement is to keep ~10 years of expenses in fixed income. For example, if upon starting retirement one has a portfolio of 25x expenses, a 60/40 AA would put 10x in...
by Kookaburra
Tue Jul 14, 2020 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 17
Views: 1747

Re: Withdrawals at retirement from 50/50 portfolio

I’ve often wondered this question too and am confused because of the following... My understanding is a common recommendation during retirement is to keep ~10 years of expenses in fixed income. For example, if upon starting retirement one has a portfolio of 25x expenses, a 60/40 AA would put 10x in...
by Kookaburra
Tue Jul 14, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Getting rid of a bat!!!
Replies: 25
Views: 1519

Re: Getting rid of a bat!!!

Whatever you do, don’t kill it and make bat soup out of it. We have had enough of dealing with that already.
by Kookaburra
Mon Jul 13, 2020 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 17
Views: 1747

Re: Withdrawals at retirement from 50/50 portfolio

I’ve often wondered this question too and am confused because of the following... My understanding is a common recommendation during retirement is to keep ~10 years of expenses in fixed income. For example, if upon starting retirement one has a portfolio of 25x expenses, a 60/40 AA would put 10x in ...
by Kookaburra
Sun Jul 12, 2020 3:59 pm
Forum: Personal Consumer Issues
Topic: Invisalign / Adult Orthodontia Costs
Replies: 18
Views: 1393

Re: Invisalign / Adult Orthodontia Costs

I got Invisalign about 15 years ago, when I was in my early 50's. I had worn braces as a teen but teeth had shifted so wanted to straighten them again. IIRC, the cost was in the $5-6,000 range. I wore them for just over two years to complete the correction, and still wear the retainer at night. A c...
by Kookaburra
Sun Jul 12, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: Invisalign / Adult Orthodontia Costs
Replies: 18
Views: 1393

Re: Invisalign / Adult Orthodontia Costs

Recently, friends have been quoted between $3,000 and $5,000 depending on how many invisalign molds or sets have to be made along the way and how long the treatment it. I know someone who actually got quotes from 3 places since it didn't cost anything to have someone poke around in your mouth. They...
by Kookaburra
Sun Jul 12, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Invisalign / Adult Orthodontia Costs
Replies: 18
Views: 1393

Invisalign / Adult Orthodontia Costs

Hi Bogleheads My dentist has recommended that I consult an orthodontist to see if they can adjust an off-bite that is long term detrimental to my teeth. They suggested that Invisalign might be adequate (as opposed to braces). For folks in here with experience with Invisalign, can you share with me b...
by Kookaburra
Sun Jul 12, 2020 3:20 pm
Forum: Personal Investments
Topic: Investment strategy at 35
Replies: 30
Views: 2686

Re: Investment strategy at 35

Funny... I’m trying to go the other way. I’d like to minimize dividends (in my taxable account) because they amount to a (tax) drag.
by Kookaburra
Wed Jul 08, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to Establish Medical Directive and POA?
Replies: 19
Views: 1032

How to Establish Medical Directive and POA?

Hi Bogleheads I would like to get advance medical directive (AMD) and health care power-of-attorney (POA) in-place for my spouse and I. How do I do this? I don’t even know where to get started. Are there good templates out there? If possible, I’d like to do as much as I can before reviewing/formaliz...
by Kookaburra
Tue Jul 07, 2020 8:39 pm
Forum: Personal Investments
Topic: Asset allocation for very early retirement?
Replies: 20
Views: 2035

Re: Asset allocation for very early retirement?

Regarding the AA part of your question, perhaps 70/30 is where you should be but you need to stop checking your account balances. The only date that matters is the date you sell. But to address a related matter, what will you do once you “pull the plug”? I don’t blame you one bit for wanting to esca...
by Kookaburra
Tue Jul 07, 2020 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Moving out of California: is a tax attorney worth it?
Replies: 18
Views: 2046

Re: Moving out of California: is a tax attorney worth it?

I believe The Eagles said it best about the hotel California: you can check out anytime you like, but you can never leave.
by Kookaburra
Tue Jul 07, 2020 5:25 pm
Forum: Personal Investments
Topic: Do you ever feel you've missed out due to the 3-fund portfolio?
Replies: 125
Views: 9563

Re: Do you ever feel you've missed out due to the 3-fund portfolio?

I’d like to see a corollary thread: do you feel like you’ve ever missed out due to not having the 3-fund portfolio? I’m sure many started their investing journey “in the dark”, stock picking, relying on a financial advisor, actively managed funds, etc. I know I did. I sure wish I know about the thre...
by Kookaburra
Mon Jul 06, 2020 10:19 pm
Forum: Personal Investments
Topic: Portfolio Simplification - REIT question
Replies: 1
Views: 264

Re: Portfolio Simplification - REIT question

In a similar situation as you, but for different reasons. I sliced-and-diced before I understood what I was really doing. If it’s less than 5% of your overall portfolio, and if you no longer feel it’s a necessary or worthwhile tilt, I believe most will say to consolidate it into TSM. As for me, sinc...
by Kookaburra
Mon Jul 06, 2020 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1675
Views: 422608

Re: Share your networth progression

abuss368 wrote:
Mon Jul 06, 2020 6:47 pm
I enjoyed the book and learned much. I am not so sure I would put a lot of stock into the multiple choice question above however.
Yes but, would you put a lot of bond into the multiple choice question?
by Kookaburra
Sun Jul 05, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Based on neighborhood fireworks how is your local economy doing?
Replies: 55
Views: 4088

Re: Based on neighborhood fireworks how is your local economy doing?

I don’t understand the appeal of buying and setting off fireworks. It’s quite literally setting your cash on fire.
by Kookaburra
Sun Jul 05, 2020 1:46 pm
Forum: Personal Consumer Issues
Topic: Buying house without realtors
Replies: 84
Views: 5022

Re: Buying house without realtors

For those who bought without an agent and were able to negotiate ~3% off the purchase price (b/c of the avoided commission), how would this work for new construction in a community where the builder wouldn’t want to reduce the sales price because that would set a lower sales comp for other new homes...
by Kookaburra
Sun Jul 05, 2020 12:59 pm
Forum: Investing - Theory, News & General
Topic: Won’t 2020-2030 Stock Returns Look Like 2009-2019?
Replies: 35
Views: 3092

Re: Won’t 2020-2030 Stock Returns Look Like 2009-2019?

The latest unemployment projections point to it taking ~10 years to get back to pre-Covid numbers. Why would you think that a short-term employment trend would continue unchanged for a decade? That's like saying "Stocks have gone up 20% over the last month, which points to stocks returning 20% ever...
by Kookaburra
Sat Jul 04, 2020 6:12 pm
Forum: Investing - Theory, News & General
Topic: Won’t 2020-2030 Stock Returns Look Like 2009-2019?
Replies: 35
Views: 3092

Re: Won’t 2020-2030 Stock Returns Look Like 2009-2019?

The latest unemployment projections point to it taking ~10 years to get back to pre-Covid numbers. Why would you think that a short-term employment trend would continue unchanged for a decade? That's like saying "Stocks have gone up 20% over the last month, which points to stocks returning 20% ever...
by Kookaburra
Sat Jul 04, 2020 6:07 pm
Forum: Investing - Theory, News & General
Topic: Won’t 2020-2030 Stock Returns Look Like 2009-2019?
Replies: 35
Views: 3092

Re: Won’t 2020-2030 Stock Returns Look Like 2009-2019?

I’m try to sort out this dichotomy. Thoughts? Why? Why not just invest in a reasonable way, accept what the market gives you, and adjust your lifestyle and savings rate to accommodate those returns? Seems a lot easier than trying to predict the future. What makes you think that I’m not doing this? ...