Search found 3365 matches

by goingup
Mon Jan 14, 2019 11:56 am
Forum: Investing - Help with Personal Investments
Topic: VWIAX [Vanguard Wellesley Income Fund]
Replies: 9
Views: 1003

Re: VWIAX [Vanguard Wellesley Income Fund]

8000 shares of VWIAX at $60/share would be closer to $480K. Dividends last year were $2/share. The cap gains distribution was large last year but it isn't wise to count on that. In 2017 it was smaller. Better to estimate income by the published current yield-- which is 3.64%. So that's $17,400. Disc...
by goingup
Sun Jan 13, 2019 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 38
Views: 3237

Re: Does anyone have entire 401K in bonds?

Many of the responses here are posted by retirees, or near retirees. I'm a little doubtful they had 100% bonds in their 401Ks in their 30's. More likely they had big equity allocations for 20-30 years. Now as they face RMDs (required minimum distributions) it makes sense to have slow growth assets l...
by goingup
Sun Jan 13, 2019 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 38
Views: 3237

Re: Does anyone have entire 401K in bonds?

You have 25 years until you'll start withdrawals from that 401K, so no, I would not relegate it all to slow growth assets. The advice to put all bonds in your 401K is not something I could ever endorse for a young person. How about putting some bonds in your 401K and holding some munis in your taxab...
by goingup
Fri Jan 11, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 53
Views: 4194

Re: Should I get umbrella liability insurance?

I'm less enthusiastic about insurance than others apparently. I only buy insure to protect myself from liability I can't afford to pay. Renter's insurance? Why? Umbrella Insurance at your level of exposed net worth? No. What you need is excellent car insurance with high coverage amounts. We have $1M...
by goingup
Fri Jan 11, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Help me understand Portfolio Visualizer / Why hold cash at all?
Replies: 6
Views: 608

Re: Help me understand Portfolio Visualizer / Why hold cash at all?

There are frequent trading policy restrictions on VBMFX. https://personal.vanguard.com/us/whatwe ... tionpolicy. If you want the liquidity of a checking account you'll need a ST bond fund or MM fund or to use ETFs.
by goingup
Fri Jan 11, 2019 9:50 am
Forum: Investing - Help with Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2114

Re: American Funds (No Loads) vs Vanguard Index Funds

You seem to be a young/new investor, presumably with a small portfolio. Right now you may not think 1.35%AUM and .45ER is very much. Imagine taking nearly 2% out of a $100,000 or $1,000,000 portfolio. Ouch. American Funds are excellent managed funds, but the EJ advisor that is attached to them is to...
by goingup
Fri Jan 11, 2019 9:37 am
Forum: Investing - Theory, News & General
Topic: Salary, Portfolio size, and Asset Allocation
Replies: 33
Views: 2718

Re: Salary, Portfolio size, and Asset Allocation

My question stands though. If two people with that same "stock"-ish job, same age, same risk tolerance, but person A earns twice as much, then shouldn't person A invest less in stocks than B does? Again, all factors the same. Exact opposite, in my experience. The more you earn and save, the more eq...
by goingup
Wed Jan 09, 2019 9:35 am
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 51
Views: 6818

Re: It was a dip. Did you notice? The December drop is over.

Mid and late December turned out to be a good time for all dividends to auto-reinvest.
by goingup
Tue Jan 08, 2019 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Escaping capital gains on second home ideas?
Replies: 22
Views: 1546

Re: Escaping capital gains on second home ideas?

Gill wrote:
Tue Jan 08, 2019 3:42 pm
bighatnohorse wrote:
Tue Jan 08, 2019 3:36 pm
If the gain comes first, could subsequent loss(es) be taken against the gain later on?
Yes, as long as the losses were in the same year.
Gill
Gill, are you saying stockpiled carryover losses cannot be used to offset capital gains from real estate sale?
by goingup
Tue Jan 08, 2019 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: High Fee 401K or taxable account?
Replies: 2
Views: 146

Re: High Fee 401K or taxable account?

You got good answers when you asked the same question in June. :D
viewtopic.php?f=1&t=251577&p=3970223#p3970223
by goingup
Tue Jan 08, 2019 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-invest MF or hand-roll ETF?
Replies: 9
Views: 518

Re: Auto-invest MF or hand-roll ETF?

If you must have it go to taxable I would go with the mutual fund and automatic investing. I think you will regret the decision to change it to taxable though due to the eventual headache of so many purchase lots. But if you like to play with numbers that method can certainly keep you busy down the...
by goingup
Tue Jan 08, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: January "Bogleheads on Investing" podcast with Gus Sauter now available
Replies: 32
Views: 2236

Re: January "Bogleheads on Investing" podcast with Gus Sauter now available

That was such an interesting interview. Hired at Vanguard in 1987 (after interviewing with Jack Bogle who hired Gus despite the fact he showed up for the interview in basketball shoes--funny story), Gus was very involved in building out the index fund lineup beyond just the 500 Index. Interesting, t...
by goingup
Tue Jan 08, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: Paying "cash" for auto - possibly w regular credit card?
Replies: 51
Views: 3571

Re: Paying "cash" for auto - possibly w regular credit card?

My dealer actually offered that I could pay $3,000 with a CC to get miles when I purchased my new SUV in September. It was after the price had been negotiated.
by goingup
Tue Jan 08, 2019 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Escaping capital gains on second home ideas?
Replies: 22
Views: 1546

Re: Escaping capital gains on second home ideas?

bighatnohorse wrote:
Mon Jan 07, 2019 10:07 pm
As some have mentioned, it might be easier to simply pay the cap gains.
I plan to used some harvested stock market losses to offset gains in a 2nd home we'll eventually sell. If you have a taxable account with losses think about taking them.
by goingup
Mon Jan 07, 2019 1:21 pm
Forum: Personal Consumer Issues
Topic: Kitchen Sink Gurgles (sometimes with water) with washing machine running
Replies: 12
Views: 1053

Re: Kitchen Sink Gurgles (sometimes with water) with washing machine running

The plumber explained the venting process of drains by comparing it to pouring Coke from a 2 liter bottle. If you punched a hole in the bottom of the bottle allowing the air to escape, it pours out faster. Made sense to me! :D
by goingup
Mon Jan 07, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Kitchen Sink Gurgles (sometimes with water) with washing machine running
Replies: 12
Views: 1053

Re: Kitchen Sink Gurgles (sometimes with water) with washing machine running

Yes, venting problem. Our plumber went outside, climbed a ladder to roof where the drain vents are. (Who knew?!) I guess he augered them out. Took minutes and the bill was small (less than $200).
by goingup
Mon Jan 07, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: Avoid rebalancing between risky assets. Let bulls run.
Replies: 33
Views: 2742

Re: Avoid rebalancing between risky assets. Let bulls run.

There is good behavioral case to be made for rare rebalancing. It's called the "don't tinker with your portfolio" philosophy. Bill Bernstein has said that a portfolio is like a bar of soap--the less you handle it, the more there is! I let our portfolio drift, but add new money to shore up the down d...
by goingup
Mon Jan 07, 2019 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice (New Member)
Replies: 13
Views: 773

Re: Portfolio Advice (New Member)

OP - you hold bonds as a means of lowering volatility in your portfolio and to rebalance your account periodically when there is a "sale" in equities, like now for instance. Few people have a tolerance to hold a 100% equity only portfolio. Thanks @Grt2bOutdoors. We have some savings outside of the ...
by goingup
Mon Jan 07, 2019 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice (New Member)
Replies: 13
Views: 773

Re: Portfolio Advice (New Member)

One source to determine a AA for your age is to look at Target Date funds composition.
Vanguard 2035 is 80/20
Vanguard 2040 is 85/15

My opinion is that Bogleheads tend to be conservative in their suggested asset allocations.
by goingup
Sun Jan 06, 2019 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding Separately Managed Accounts
Replies: 12
Views: 819

Re: Unwinding Separately Managed Accounts

I now have to sift through approximately 120 different stocks across 900 tax lots to determine which stocks to keep and which to sell… :shock: You might consider contacting Vanguard's Portfolio Advisory Service and have them talk through a plan for you. Some investors who migrate from full service ...
by goingup
Sun Jan 06, 2019 8:53 am
Forum: Investing - Help with Personal Investments
Topic: End of the year portfolio checkup! Happy New Year!
Replies: 8
Views: 965

Re: End of the year portfolio checkup! Happy New Year!

You're in a good financial position. The only comment I would make is that you have a very large emergency fund. It may be time to open a taxable brokerage account and hold additional equity there. In my mind, you're not really 90/10 when you have 1 1/2 years of cash in reserve. Some people have a h...
by goingup
Sat Jan 05, 2019 5:34 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 69
Views: 5050

Re: Strategies to combat or justify lifestyle creep

Frankly, lifestyle creep has been the great pleasure of having more money. My SO and I started out 30 years ago eating Hamburger Helper and tuna noodle casserole every week. Our only vacations were tent camping. New tires were a hardship. We weren't poor, but definitely had very little extra. The st...
by goingup
Sat Jan 05, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: Carryon for 7-day FL vacation?
Replies: 63
Views: 2545

Re: Carryon for 7-day FL vacation?

Easily. I took a 7 day cruise followed by 3 days in FL using a carry-on. Took additional backpack for books, ear phones, iPad, etc. The trick is clothes that don't wrinkle and match well with each other. Minimal shoes. One jacket. No bulky sweaters or sweat-shirts.
by goingup
Sat Jan 05, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8226

Re: What Do You Spend The Most On Annually?

Savings
Taxes
.
.
Everything else
by goingup
Fri Jan 04, 2019 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Wealth Manager
Replies: 19
Views: 1272

Re: Question regarding Wealth Manager

Welcome here! I lurked here for years before registering. Nice to make that first step! At our age, would it be prudent to have an advisor who invests our money in possibly more rewarding bets? ^ If folks here thought wealth advisors could net them more returns we'd likely all have wealth advisors! ...
by goingup
Fri Jan 04, 2019 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Timing
Replies: 11
Views: 883

Re: Vanguard Timing

Today is the 4th. Can't you look at your account and see what happened?
by goingup
Fri Jan 04, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Wife spends too much money on housewares / decorating stuff.
Replies: 39
Views: 1537

Re: Wife spends too much money on housewares / decorating stuff.

Since we're just spit-balling here, I'll give some ideas. :happy You might enjoy reading The Power of Habit which discusses how to replace less desirable behaviors with better ones. It's easy to get into a habit of overspending, but if you can find another activity that you can substitute, you can b...
by goingup
Fri Jan 04, 2019 9:57 am
Forum: Investing - Theory, News & General
Topic: Total Investing Risk
Replies: 18
Views: 1440

Re: Total Investing Risk

restingonmylaurels- I understand that you're trying to quantify investing risk more completely, but admit I don't understand the metrics. I will say that when I think about our own total assets (not just investing portfolio) and future streams of income (SS, etc), I find the 20% drop less worrisome....
by goingup
Thu Jan 03, 2019 8:36 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9190

Re: Which Compact SUV Should I Buy?

Meg77 wrote:
Thu Jan 03, 2019 4:52 pm
My Volvo is a 2011 but it only has 56,000 miles and is in great shape. I know I could drive it for another decade easily. *sigh* Maybe that should be my plan. :beer
Splurge to get your car detailed. Get a nice set of new tires. Keep it for a couple more years, then revisit the decision. :beer
by goingup
Thu Jan 03, 2019 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

Tax loss partners are funds that are similar, but not substantially identical (the IRS verbiage). As mentioned, VTIAX and VFWAX are common partners. Vanguard Total Stock Market fund (VTSMX) and 500 Index Fund (VFINX) are too. Tax loss harvesting is a tax tool. You can sell fund shares that have loss...
by goingup
Wed Jan 02, 2019 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

I understand now. You've got legacy holdings with cap gains. My thought would be to try to sell them and buy Total International (VTIAX). Do you have any losses in your taxable account to harvest? You can offset capital gains with capital losses. At least I wouldn't be adding to my position in those...
by goingup
Wed Jan 02, 2019 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

Sure, your reasons for selling STAR seem solid. I wouldn't want to own it in a taxable account. However, why buy International Growth and International Value? Both are expensive and recently distributed both LT and ST Capital Gains. Not great for a taxable account. The more standard choices for inte...
by goingup
Wed Jan 02, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawing Roth for Down Payment
Replies: 14
Views: 955

Re: Withdrawing Roth for Down Payment

Use your cash for the DP. Looks like you have plenty there.

Early withdrawals of earnings in your Roth require you follow special rules. https://www.rothira.com/taking-early-wi ... r-roth-ira. I can't imagine why you'd want to pull from your Roth when you have better options.
by goingup
Wed Jan 02, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2270
Views: 398009

Re: What are you up YTD? [Year To Date]

Down 4.9% with a 60/40ish portfolio. Worse than the benchmarks of Wellington, Balanced Index, Lifestrategy Mod Growth. This due to 20% international but mostly due to moving into ST bonds/cash after TLHing intermediate term muni bond fund. Dumb. :oops:
by goingup
Mon Dec 31, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend question
Replies: 5
Views: 615

Re: Dividend question

You've probably done yourself a big favor by not messing with your portfolio. Keep in mind that this forum is full of financial enthusiasts and hobbyists. The main reason people don't reinvest the dividends is to A) Spend them or B) Collect them elsewhere to use for rebalancing. If you're not intere...
by goingup
Mon Dec 31, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Total return YTD for S&P 500, VTIAX and Total Bond Market
Replies: 9
Views: 1756

Re: Total return YTD for S&P 500, VTIAX and Total Bond Market

The YTD return for VTIAX and VBTLX is easily found at Vanguard.com. :happy
by goingup
Sat Dec 29, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4419

Re: What do you do with dividends?

Reinvest all dividends because it's automatic and easy. Because of TLHing, some taxable dividends are directed to other funds.
by goingup
Sat Dec 29, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 232557

Re: What is your Year 2018 networth change?

revhappy wrote:
Sat Dec 29, 2018 12:20 am
I am closing my books for the month and the year.
I don't track net worth, but do tally investable assets at year-end. I'll wait until the morning of Jan. 2nd to account for bond and MM fund interest posting. Besides, the market is open the full day on December 31st. Why close the books early?
by goingup
Fri Dec 28, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13494

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

I don't see any inconsistency with what Jack has been saying for awhile. Maybe I just give my gurus wider latitude. :D
by goingup
Fri Dec 28, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Setting band for investing dividends and cap gains
Replies: 6
Views: 239

Re: Setting band for investing dividends and cap gains

I've always auto-reinvested all divs and capital gains distributions. I like that it's...automatic :D and the money stays invested. No decisions, dithering, or delays. When TLHing, I turn off auto-reinvest for a quarter. Frankly, most of my investing years have had few TLH opportunities, but dividen...
by goingup
Thu Dec 27, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 44
Views: 1921

Re: What are some disadvantages to TLH?

I don't like to TLH. I do it because the losses are valuable, but usually wait until losses are 5K or more. The things I dislike about this are: *Having to monitor our portfolio for losses *Turning off auto-reinvestments *Turning off auto-fund purchases *Owning multiple similar funds when I value si...
by goingup
Wed Dec 26, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: 12/26/2018 is why you don't want to TLH to cash
Replies: 14
Views: 1442

Re: 12/26/2018 is why you don't want to TLH to cash

It's tempting to TLH and go to cash for those of us who value simplicity and dislike owning multiple funds. :| But another good reason to exchange immediately to a similar fund is behavioral. If you're sitting on the sidelines in cash you may not have the nerve to get back into the market. Thirty-on...
by goingup
Mon Dec 24, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11627

Re: Now is the time to REJOICE!

I hope investors in the accumulation stages are taking every advantage of this pullback. Dr. Bill Bernstein has said (I paraphrase) that young investors should get down on their knees and pray for a bear market. Well, prayers have been answered. Personally, are on the cusp of retirement. It's not fu...
by goingup
Mon Dec 24, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking easy, automated solution
Replies: 16
Views: 920

Re: Seeking easy, automated solution

Welcome here- Yes, the Vanguard Prime Money Market is a good place to hold an emergency fund. Some feel more secure with Federal MM but it's not a concern for me. Thank you. I basically agree with you, but I bought Federal MM @ 10k because it was available to me. The TR2050 is a good fund for a Rot...
by goingup
Mon Dec 24, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: I believe I underestimated my risk tolerance
Replies: 35
Views: 4709

Re: I believe I underestimated my risk tolerance

mbasherp- I'd interpret your feelings right now as one data point. Personally, I wouldn't make any changes to an AA. It could be early in this bear market. If and when things drone on for weeks and months you may feel differently. Maybe not. :wink: I don't listen to pundits on CNBC or read the WSJ. ...
by goingup
Mon Dec 24, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Seeking easy, automated solution
Replies: 16
Views: 920

Re: Seeking easy, automated solution

Welcome here- Yes, the Vanguard Prime Money Market is a good place to hold an emergency fund. Some feel more secure with Federal MM but it's not a concern for me. The TR2050 is a good fund for a Roth. Automating contributions is perfect. The Total Stock fund is recommended for taxable accounts. Auto...
by goingup
Mon Dec 24, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11627

Re: Now is the time to REJOICE!

Makes me think of that old proverb: "Tis an ill wind that blows no good." From phrases.org/uk Centuries ago naval battles involving great warships under sail were common. During a battle these massive sailing ships would maneuver for best position. It could be a slow process and wind direction not o...
by goingup
Sun Dec 23, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Preparing for the bounce
Replies: 60
Views: 8947

Re: Preparing for the bounce

If history is any guide, you have plenty of time to prepare for a bounce. :| Here's a very timely blog post from Ben Carlson on A Wealth of Common Sense. https://awealthofcommonsense.com/2018/12/buying-when-stocks-are-down-big/. From the article referring to SP500 performance: "You can see the ensu...
by goingup
Sun Dec 23, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Preparing for the bounce
Replies: 60
Views: 8947

Re: Preparing for the bounce

If history is any guide, you have plenty of time to prepare for a bounce. :| Here's a very timely blog post from Ben Carlson on A Wealth of Common Sense. https://awealthofcommonsense.com/2018/12/buying-when-stocks-are-down-big/. From the article referring to SP500 performance: "You can see the ensui...
by goingup
Sun Dec 23, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: suggest 50/50 portfolio
Replies: 21
Views: 2449

Re: suggest 50/50 portfolio

I like your simple portfolio. If you want to take a little more risk with the hope of more return you could swap Wellesley for Wellington fund. It's not a bad time to buy that fund--really off the highs.