Search found 25 matches

by ljford7
Fri Aug 18, 2017 7:35 am
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23684

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7 is a horrible proposal for a company like Vanguard. It is way to broad and comes with to many ramifications regarding interpretation. If they rewrote it to contain specific companies/countries, then it could, possibly, gain some traction. As it is written now, it seems like a political ag...
by ljford7
Sat Jul 01, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: would you take a new mortgage to invest in stock market?
Replies: 30
Views: 3094

Re: would you take a new mortgage to invest in stock market?

No way!

How soon everyone forgets what happened during the great recession.
by ljford7
Sat Jun 24, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Losing admiration for Warren Buffett
Replies: 9
Views: 1839

Re: Losing admiration for Warren Buffett

I think you have unrealistic expectations for him. At the end of the day he is only human.

Write a list of every successful business person you know of and you can find fault with every one of them.
by ljford7
Sun Jun 18, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Why do we need an emergency fund?
Replies: 70
Views: 5167

Re: Why do we need an emergency fund?

Not everyone "needs" an emergency fund. If you have access to sizable credit accounts and/or easily accessible taxable accounts, the need to keep a bunch of cash on hand is minimized.

Like most personal finance topics, it depends on your situation, comfort level and net worth.
by ljford7
Fri Apr 07, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 159
Views: 19516

Re: Social Security for Millennials

I am not worried about it not being there when I retire. It is one of the biggest (if not the biggest) entitlement program the federal government has. People really like and and it is political suicide for anyone to suggest cutting benefits. It will get a bailout just like the banks/auto manufacture...
by ljford7
Fri Mar 31, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: Execution Specifics of Making Backdoor Roth Contributions at Vanguard
Replies: 5
Views: 545

Re: Execution Specifics of Making Backdoor Roth Contributions at Vanguard

Do not do this without further educating yourself (see link below). You will trigger a taxable event at your marginal tax rate and will potentially end up owing a lot of taxes (depends on much your Traditional IRA/Rollover 401ks have in them). https://www.bogleheads.org/wiki/Backdoor_Roth_IRA
by ljford7
Mon Mar 27, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: What inflation rate do you use for your planning?
Replies: 105
Views: 8981

Re: What inflation rate do you use for your planning?

KlangFool That is a very good point that you raised (BTW we have right at a $1,000,000 portfolio). I was running numbers to see if we are on track retirement wise (would like to have the opportunity to retire at 55) and trying to figure out how much we need to save (and make, return wise, in the fu...
by ljford7
Fri Mar 24, 2017 5:44 pm
Forum: Investing - Theory, News & General
Topic: What inflation rate do you use for your planning?
Replies: 105
Views: 8981

Re: What inflation rate do you use for your planning?

The Boskin Commission, formally called the "Advisory Commission to Study the Consumer Price Index", was appointed by the United States Senate in 1995 to study possible bias in the computation of the Consumer Price Index (CPI), which is used to measure inflation in the United States. Its f...
by ljford7
Thu Oct 06, 2016 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: 30 yr mortgage, but pay like a 15 yr?
Replies: 55
Views: 6879

Re: 30 yr mortgage, but pay like a 15 yr?

If the rate is truly only .25% difference between the 15 year and 30 year, it would be very wise to take the 30-year just for the flexibility in the event something happens (and something will happen - ask Murphy).
by ljford7
Mon Oct 03, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at same company for years and years….bad idea?
Replies: 41
Views: 5311

Re: Staying at same company for years and years….bad idea?

My replacement came in at quite a good bump in earnings compared to what I was making. To get the same skill set, the company had to pay more than it was paying me. This is the loyalty problem that employers have. Employers want their employees to be loyal, but then take advantage of them when they...
by ljford7
Sun Oct 02, 2016 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Good funds for Emergency Fund?
Replies: 21
Views: 2844

Re: Good funds for Emergency Fund?

We use VWUIX - Vanguard Intermediate-Term Tax-Exempt Fund Admiral for the majority of our emergency fund. We have check writing capabilities with it so it is a breeze to use (if needed). We also keep about 1 month in a savings account (Capital One 360) just for the easier access. VWUIX tends to retu...
by ljford7
Sat Oct 01, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at same company for years and years….bad idea?
Replies: 41
Views: 5311

Re: Staying at same company for years and years….bad idea?

The grass is always greener….yep, that is my fear. Do not let this or fear deter you from a different job. Companies will always use the unknown (grass is always greener) against you in order to get you to stay longer. Look around at other people that have left, did they come back? That will answer...
by ljford7
Sun Sep 18, 2016 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take a loan for a car
Replies: 58
Views: 5811

Re: Why not take a loan for a car

I would take the loan purely based on having access to cash on hand versus tying it up in a vehicle. I recently bought a car - dealer offered a .9% on 5-year loan. I have the money in the bank to pay outright for cash, but when I can use their money for it at such a low rate, why not? It is going to...
by ljford7
Thu Dec 18, 2014 8:05 pm
Forum: Investing - Theory, News & General
Topic: Lockheed Martin Case Puts 401(k) Plans On Trial
Replies: 6
Views: 1728

Re: Lockheed Martin Case Puts 401(k) Plans On Trial

Have any of these cases been decided?

I am lucky that my employer has a good low cost 401K (uses Vanguard funds), but am curious what the courts decided.
by ljford7
Sat Dec 06, 2014 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Emergency Funds?
Replies: 12
Views: 1674

Re: Investing Emergency Funds?

The thread below has some good discussion.

http://www.bogleheads.org/forum/viewtopic.php?f=1&t=150947

I am moving mine to a couple of bond funds (VWITX and VMLTX). I am tired of seeing a large sum of money just sit there and make minimal returns.
by ljford7
Sat Dec 06, 2014 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Implications of Municipal Bond Investing
Replies: 5
Views: 895

Re: Tax Implications of Municipal Bond Investing

Thank you for your responses (I was concerned with buying a distribution)!
by ljford7
Sat Dec 06, 2014 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Tax Implications of Municipal Bond Investing
Replies: 5
Views: 895

Tax Implications of Municipal Bond Investing

Hi,

Quick question. I am going to invest $40,000 in VWITX and $25,000 in VMLTX. Would it be better to wait until the first of the year? I am concerned about any tax implications (I would have to pay state taxes).

Thanks!
by ljford7
Wed Jan 11, 2012 9:41 pm
Forum: Investing - Theory, News & General
Topic: 2011 Returns Thread
Replies: 137
Views: 12748

Re: 2011 Returns Thread

starboard Vanguard appears to be using the IRR function. In excel use the same data set that you used for =XIRR and use the =IRR function instead (use different guesses if you get an error - I had to try a bunch to get it to work). You should get the same return Vanguard does. The below link has a ...
by ljford7
Fri Apr 22, 2011 6:10 pm
Forum: Investing - Theory, News & General
Topic: S&P Stock Guide whereabouts?
Replies: 2
Views: 4391

Have you tried Google Books? I tend to receive good results finding older books there.
by ljford7
Fri Apr 22, 2011 6:00 pm
Forum: Investing - Theory, News & General
Topic: Avoiding the Noise
Replies: 23
Views: 3250

Thank you for all of the thoughtful responses. Just to be clear, I haven't tried it and won't try it, but was intrigued by the concept. The authors of both of those books made it seem very easy, which I know isn't the case (if was easy, then why are they writing books about it instead of doing it an...
by ljford7
Fri Apr 22, 2011 9:49 am
Forum: Investing - Theory, News & General
Topic: Avoiding the Noise
Replies: 23
Views: 3250

Avoiding the Noise

I am a young investor, 28, and have been educating myself in investing and so far feel like I am on the right track. I have been trying to commit to the B&H investment philosophy (I am 100% committed to using low-cost index funds for my investing - would like to further my knowledge about ETFs t...
by ljford7
Thu Jul 08, 2010 2:01 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Advice for Under 30 Couple
Replies: 10
Views: 2069

[quote="FoolishJumper"][/quote] Thank you for your's and everyone else's very helpful advice. I have made an IPS based on a plan in the link you provided and I feel considerably more comfortable with the portfolio after putting the IPS together. One more question for you (if you don't mind...
by ljford7
Wed Jul 07, 2010 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Advice for Under 30 Couple
Replies: 10
Views: 2069

If I was in your case (and unable to sell the company stock), then I'd at least double my fixed income. Based on this, I'd recommend the following allocation: His/Her 401k 100% PIMCO Total Return (PTTRX) His/Her Roth IRA 100% Vanguard Total Stock Market (VTSMX) I am glad that I posted here, because...
by ljford7
Wed Jul 07, 2010 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Advice for Under 30 Couple
Replies: 10
Views: 2069

To whatever extent possible, you should try to reduce your company stock to no more than 5-10% of your total retirement portfolio. You probably need more in bonds. What industry is your company in? The company we work for is a large construction company that has been in business for over 150 years ...
by ljford7
Tue Jul 06, 2010 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Advice for Under 30 Couple
Replies: 10
Views: 2069

Retirement Portfolio Advice for Under 30 Couple

Emergency Fund: 6 months of expenses Debt: Mortage $208,000 @ 5.75% (Paying on a 15 year schedule) Student Loan $13,000 @ 2.625% (Will be paid off in approx 1 year) Tax Filing Status: Married filing Jointly Tax Rate: 25% Federal 4% State (Arizona) Age: 28, Wife 26 Desired Asset allocation: 90/10 or...