Search found 4448 matches

by Noobvestor
Tue Nov 21, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Tax gain harvesting for students; how important is it to move away from AcgCost? Can SpecID be reverse-engineered?
Replies: 9
Views: 559

Re: Tax gain harvesting for students; how important is it to move away from AcgCost? Can SpecID be reverse-engineered?

I would sell all pre-2012 and restart, assuming it doesn't cost a ton in taxes. I was in a position to do that in 2012 with minimal gains, didn't, and regret now having some old costs that Vangaurd only keeps track of the average for. Everything newer they have nicely tracked out. As for how much yo...
by Noobvestor
Mon Nov 20, 2017 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is a solo-401k worth it?
Replies: 11
Views: 899

Re: Is a solo-401k worth it?

Couldn't you roll the Solo 401K into an SEP IRA after some period? What about skipping the backdoor for a year? Not an expert, but since this was unanswered figured I'd take a shot. I don't know ... to me, it doesn't seem worth it, but it's all relative. I haven't set up an HSA despite nice tax adva...
by Noobvestor
Mon Nov 20, 2017 11:33 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

While not directly addressing the "how to value" question, here's another way to look at EE Bonds. It's a Forbes column I did some time ago about building your own annuity with EE Bonds. https://www.forbes.com/sites/thebogleheadsview/2013/03/01/build-your-own-annuity/#1bd4c0047ba3 Hi Mel! Thanks fo...
by Noobvestor
Mon Nov 20, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

So those investing in EE bonds are betting that the next 20 years of stock returns will be worse than every prior 20 year period in the historic record save one. I don't have that much confidence in my crystal ball. Since this is largely covered in the other thread, I won't go too far down this rab...
by Noobvestor
Mon Nov 20, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 322
Views: 23258

Re: I don't understand the case for EE bonds

People on this board keep trying to compare EE bonds to stocks and other investments. They should only be compared to long term bonds. .... If Larry were here, he might say to think about each within the context of the whole portfolio, not in isolation. It's obvious to me that both positions are ri...
by Noobvestor
Mon Nov 20, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

I agree with willthrill. An EE-bond within a portfolio should be valued as what it is presently worth. For an EE-bond prior to maturity, this would be the face value plus the 0.1% interest accrued thus far. The 3.53% rate is simply a mental accounting for what the 20yr holding period returns; not a...
by Noobvestor
Sun Nov 19, 2017 11:02 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

I'm not trying to cast this as a bonds vs. stocks debate. My point, rather, is that EE bonds are so different from other bonds that they should be treated as qualitatively distinct. Perhaps so, but again I'm coming at this from a portfolio construction perspective - they may not act like bonds, cas...
by Noobvestor
Sun Nov 19, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

Seems reasonable, as long as you have sufficient other bonds and/or emergency fund (cash) to cover a long period of a down market. I have some cash and I Bonds in taxable as well as a lot of stocks - I could spend down most of my portfolio without touching EE bonds. If you wish to base the value of...
by Noobvestor
Sun Nov 19, 2017 5:08 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9277

Re: Valuation of EE Savings Bonds

I was thinking about this again and I'm revising my answer from four years ago: on my spreadsheets, I have started adding 5% each year (over initial value). For instance, a $10,000 EE bond bought 5 years ago would be marked $1,250 on the spreadsheet. Why? Because these are the last things I would se...
by Noobvestor
Thu Nov 16, 2017 11:46 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 4502

Re: Where did you first learn about investing?

Surprised this isn't a more common answer, but: right here. All I knew before Bogleheads was 'diversify' (so I bought expensive, active and overlapping funds without much strategy) and 'don't sell during a crash' (so I hung in for 07/08 though didn't have much on the line).
by Noobvestor
Wed Nov 15, 2017 1:36 am
Forum: Investing - Theory, News & General
Topic: Is treating all accounts as one bucket really simpler
Replies: 21
Views: 2683

Re: Is treating all accounts as one bucket really simpler

It allows you to have fewer total holdings. It lets you optimize for taxation purposes, which is particularly handy (I'd say essential, really) if you have any money in taxable accounts. Ideally, you'll have one account you can rebalance within. For instance, taxable might be 100% Total Stock, Roth ...
by Noobvestor
Wed Nov 08, 2017 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Top tax bracket in CA - Bonds all muni?
Replies: 11
Views: 1032

Re: Top tax bracket in CA - Bonds all muni?

Let's not forget that if op ends up with long-term gains in this tax-exempt fund that they'll have to pay those to sell. Meanwhile, from another thread (TL;DR I use national muni funds): https://www.bogleheads.org/forum/viewtopic.php?f=1&t=230543&p=3601487#p3601487 I can't figure out who would want ...
by Noobvestor
Wed Nov 08, 2017 12:31 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12730

Re: How old are you and how much do you save for retirement a year

Late 30s and I save less than nothing each year currently. I sold some businesses in my early 30s and am counting on the resulting portfolio to grow (it has a lot so far, knock on wood), and use that large nest egg to justify living a bit below my technical means (in terms of income). I work on stuf...
by Noobvestor
Wed Nov 08, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8723

Re: "I took all my money out of the stock market and it feels amazing"

I would feel amazing too, until inevitably at some point stocks doubled while bonds remained flat (see: last 5 years) and then I'd feel less than amazing. But hey, if you have an annuity covering all your expenses, power to you and don't look back.
by Noobvestor
Wed Nov 08, 2017 12:28 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets - Returns Lower than Claimed?
Replies: 19
Views: 1916

Re: Emerging Markets - Returns Lower than Claimed?

Time period selection makes a big difference. From 2000 to 2010 emerging markets went up by a whopping 170% while US was basically flat (slightly down if you adjust for inflation). Whether or not you tilt toward EM, international diversification is worthwhile IMHO.
by Noobvestor
Tue Nov 07, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9345

Re: "$1 Million is Closer Than You Think"

'Apply the Vanguard Difference' and 'How do you prefer to invest' both changed things by only a few percent, which I found disappointing from the perspective of this being a tool to get more people to see the light (i.e. as someone who wants Vanguard marketing to work).
by Noobvestor
Mon Nov 06, 2017 9:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3310

Re: U.S. & International Allocation

I don't think I'll ever recover what I lost by going 30% international. I shouldn't have listened to people who think they're smarter than John Bogle. Now go back in time and imagine you started investing in the year 2000. Ten years later, you find yourself lamenting the fact that the US stock mark...
by Noobvestor
Sun Nov 05, 2017 1:54 am
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3310

Re: U.S. & International Allocation

Total World is a great fund in theory, and if it became a core fund in TD and LS funds I assume that would justify lowering its expense ratio and adding cheaper admiral shares, which would further bolster its popularity (I, for one, would recommend it to everyone!). And yes, I do think it's the natu...
by Noobvestor
Sun Nov 05, 2017 1:47 am
Forum: Investing - Theory, News & General
Topic: I-bond inflation irony?
Replies: 35
Views: 3579

Re: I-bond inflation irony?

Yes, the purchase limits do make them very difficult to match liabilities. Due to Inflation, $10k today doesn't pay for as much as it did a few years ago. My cynical side says that by not raising purchase limits, the treasury is trying to slowly phase out IBonds I assume this to be the case. As I u...
by Noobvestor
Sun Nov 05, 2017 1:41 am
Forum: Investing - Help with Personal Investments
Topic: I came up with a Bond plan.....Good or Bad...you decide
Replies: 19
Views: 1748

Re: I came up with a Bond plan.....Good or Bad...you decide

Assuming this is a tax-advantaged account, Vanguard Total Bond is a good option (why pay way more for Fido's version?). If you're in a taxable account, I recommend Vanguard Intermediate-Term Tax Exempt. If you want inflation protection, you could mix in some TIPS. If you want to go ultra-safe, you ...
by Noobvestor
Sun Nov 05, 2017 1:34 am
Forum: Investing - Theory, News & General
Topic: Dr. Shiller's Portfolio is Tilted Toward Europe and Emerging Markets
Replies: 19
Views: 2407

Re: Dr. Shiller's Portfolio is Tilted Toward Europe and Emerging Markets

I don't know when he started tilting EU/EM, but if it was at the start of this year, he's doing pretty well for himself! http://quotes.morningstar.com/chart/fund/chart.action?t=VTSAX®ion=usa&culture=en-US&dataParams=%7B%22zoomKey%22%3A5%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defau...
by Noobvestor
Sat Nov 04, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: my plan for portfolio
Replies: 9
Views: 818

Re: my plan for portfolio

60% VTSAX, 10% VBTLX, 20% VCSAX 10% PONDX = 60% Vanguard Total Stock - good 10% Vanguard Total Bond - good 20% Vanguard Consumer Staples - no need to bet on sectors 10% PIMCO Income Fund Class D - no need to pay .9% ER for a bond fund Ditch the last two, add Vanguard Total International. Assuming sa...
by Noobvestor
Sat Nov 04, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: I came up with a Bond plan.....Good or Bad...you decide
Replies: 19
Views: 1748

Re: I came up with a Bond plan.....Good or Bad...you decide

I think you're overthinking things. 1) There is no reason to pay high ERs for bond funds, especially in a low-yield environment. Expenses will eat up way too much return. Those funds that maybe did slightly better in the past, like PIMCO, did it by taking on more risk, and having more wiggle room du...
by Noobvestor
Sat Nov 04, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) or Roth 401(k)?
Replies: 21
Views: 1904

Re: 401(k) or Roth 401(k)?

I would opt for traditional in your situation. I dug into this for myself (also CA with similar taxes, hi!) a year or so ago, and with help from this forum decided Trad was the way to go. Among other things, the downsides of being 'wrong' aren't too great if you go this route - if you're in a higher...
by Noobvestor
Sat Nov 04, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 228
Views: 44769

Re: How much international stock? A suggestion.

I just use a shortcut (VT ETF) if I'm curious as to weights: https://personal.vanguard.com/us/funds/ ... =INT#tab=2

I'm 50/50 US/international. Tempted to tilt more international right now, but I'll stay the course.
by Noobvestor
Sat Nov 04, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Replacing 0% I-bond... or not?
Replies: 3
Views: 367

Re: Replacing 0% I-bond... or not?

Over a full thirty years, that .1% is going to amount to around $300 more (nominal, not real) dollars on a $10,000 I Bond. Not much in my book. Also: what if rates go up more in a year or so, and now you have to sell with a penalty to trade up? Also: have you done the tax math on cashing out? If you...
by Noobvestor
Fri Nov 03, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3119

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

However, Bogle admits that “perhaps the relative advantage achieved in the U.S. stock market over the past quarter-century has now been arbitraged away” and that international stocks may be relative bargains. Fascinating. Lots of respect for Jack, but he thought there was a free lunch in US investi...
by Noobvestor
Fri Nov 03, 2017 1:45 am
Forum: Investing - Help with Personal Investments
Topic: Bond Options
Replies: 9
Views: 1215

Re: Bond Options

I can't figure out who would want CA tax-exempt over regular tax-exempt. I've considered it but rejected it personally. Consider these four funds and their yields (I'm using Vanguard's SEC yields): CA intermediate yield: 1.67% National intermediate yield: 1.74% CA long yield: 2.14% National long yie...
by Noobvestor
Wed Nov 01, 2017 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Spec ID at VG - BH wiki out of date? [Need help with cost basis]
Replies: 6
Views: 506

Re: Spec ID at VG - BH wiki out of date? [Need help with cost basis]

Wow, OK, good to know. I have non-covered shares too and just figured if I sold them they'd do it at the 'average cost' level - is that not the case? In my (possibly unusual) instance they're all from around the same time (2010ish?), so if I ever sell them it'd be all together ... probably? Or I'd j...
by Noobvestor
Wed Nov 01, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Spec ID at VG - BH wiki out of date? [Need help with cost basis]
Replies: 6
Views: 506

Spec ID at VG - BH wiki out of date? [Need help with cost basis]

I noticed this line in the Wiki regarding specific identification of shares at Vanguard: "If you sell shares online, send a secure Email on the same day with this information." "This information" refers to a bunch of personal info -- more here: https://www.bogleheads.org/wiki/Specific_identification...
by Noobvestor
Thu Oct 26, 2017 12:14 am
Forum: Investing - Theory, News & General
Topic: 5-year T-note yield rising, compare to Ally CD
Replies: 5
Views: 1380

Re: 5-year T-note yield rising, compare to Ally CD

I would just point out that comparing rates/yields is one thing, but behavior in a portfolio matters. I prefer bond funds to CDs because in market downturns safe bonds often go up (not always) from flight-to-safety effects. So I don't think it's really about comparing small differences in rate/yield...
by Noobvestor
Mon Oct 23, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 242
Views: 68460

Re: I can't believe I am thinking this

For the second time in the lat few years, I went back to the beginning and read this whole thread. Such amazing insights all around. :beer
by Noobvestor
Mon Oct 23, 2017 12:13 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 42
Views: 2563

Re: Currency risk?

...It's probably not a big error for a US investor to have zero weight in global equities... Now, that is the key point, I think. John C. Bogle has written that "Successful investing involves doing just a few things right and avoiding serious mistakes." Nobody has ever been able to convince me that...
by Noobvestor
Sat Oct 21, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6811

Re: Has your "risk tolerance" been tested?

I just looked back at the 2015/2016 mini-crash and see that true to form, on August 24, 2017 when the market dropped 1,000 points, I purchased 50 SPY. I continued to buy throughout September. In January, I exchange my SPY for VTI and harvested a big tax loss and have been holding my VTI ever since ...
by Noobvestor
Sun Oct 15, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 74
Views: 7384

Re: Larry Swedroe: Non-US Valuations Look Attractive

I'll never understand this kind of argument. You don't use that logic for individual stocks or sectors, so why countries? We don't say 'well healthcare has done well and utilities poorly over the last 50 or 100 years so you should tilt toward one over the other.' Makes no sense for a passive invest...
by Noobvestor
Sun Oct 15, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: EE/Ibonds & Tax Advantaged Space
Replies: 25
Views: 1620

Re: EE/Ibonds & Tax Advantaged Space

I love my EE and I Bonds. 10K per type per year (more if you use the tax refund strategy for I Bonds). Between them, you've got inflation and deflation protection, tax-deferred, state tax exempt, etc.... The yields are pretty good considering what comparable bonds offer (e.g. individual TIPS or 20-y...
by Noobvestor
Fri Oct 13, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 74
Views: 7384

Re: Larry Swedroe: Non-US Valuations Look Attractive

Ex-US indexing hasn't worked well in the past - under-performance over long periods of time as mentioned above in this thread. It's possible to argue about the reasons and whether the next century will be like the last century, but the reality so far is what it is, and it's a huge red flag. So shou...
by Noobvestor
Tue Oct 03, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: Shooting for the moon as a young investor
Replies: 19
Views: 2079

Re: Shooting for the moon as a young investor

The earlier your invest wisely the more it compounds. The idea that if you're young you can afford to lose money is, in my opinion, entirely backward - you have more time to let compounding earn for you. You don't have to gamble on long shots that almost certainly will fail. If you want to gamble (a...
by Noobvestor
Tue Oct 03, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with private investment opportunity
Replies: 47
Views: 2636

Re: Help with private investment opportunity

The earlier your invest wisely the more it compounds. The idea that you're young and can afford to lose money is, in my opinion, entirely backward - you're young and can let compounding earn for you. You don't have to gamble on long shots that almost certainly will fail.
by Noobvestor
Sat Sep 30, 2017 12:55 am
Forum: Investing - Theory, News & General
Topic: 4% rule and timing
Replies: 16
Views: 2384

Re: 4% rule and timing

Oh nice - thanks for the links Mike and dbr!
by Noobvestor
Sat Sep 30, 2017 12:22 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7273

Re: 3 stages of Financial Independence

I for sure definitely have goal to hit the 3rd category before declaring true FI (which for me comes to 1.2MM for category 1 and already atained at age 35, 3MM for category 2, and 7MM for category 3!) That's quite the spread. ~1MM or so makes sense for 1 to me, but more like 2MM and 3MM for 2 and 3...
by Noobvestor
Wed Sep 27, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: TLTD - Int'l Developed Small/Value Tilt Fund
Replies: 9
Views: 748

Re: TLTD - Int'l Developed Small/Value Tilt Fund

.39% is far too rich for my tastes. Also, lots of data shows that small/value premiums are relatively independent of location (i.e. you can get your small and value tilts in the US, where's it's cheap and easy, and it won't really matter). And then there are your concerns, like: how well it actually...
by Noobvestor
Wed Sep 27, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: 4% rule and timing
Replies: 16
Views: 2384

Re: 4% rule and timing

I'm equally curious about the reverse - what happens when your 4% (or whatever) SWR doubles you money over an unusually profitable decade (despite spending 4% each year) or similar? At what point do you adjust the SWR upward and make that a new starting point?
by Noobvestor
Wed Sep 27, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2402

Re: Edward Jones (again)

d. there is perceived safety in making purchases or changes to the account through a known person (i.e. not an Internet transaction with questionable security safeguards - looming shades of the Equifax hacking nightmare as well as other scary hacks) Perceived is a critical word here. Adding a layer...
by Noobvestor
Sat Sep 23, 2017 2:42 am
Forum: Investing - Help with Personal Investments
Topic: the tax efficiency conundrum
Replies: 7
Views: 839

Re: the tax efficiency conundrum

That’s a helpful perspective, thanks. I just hate the thought of $50k sitting unproductive earning 1.5% much of which will be paid in taxes. Seems only slightly better than burying it in the back yard. You have to weigh hating that and having a fund that could dip 20-30% in a crash before you need ...
by Noobvestor
Thu Aug 03, 2017 1:41 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 25940

Re: A poll: How much money do you need to retire?

Would like $3,000,000 ideally - very flexible in that situation ($120,000/year SWR - me and a sig other with no income), but probably only need more like 2-2.5 to do most of what I want to do from year to year without any real worry (except maybe a home in a HCOL area). With luck, I'll be there in t...
by Noobvestor
Thu Aug 03, 2017 1:27 am
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 225
Views: 35469

Re: What's the ideal safe retirement net worth target?

Setting aside the two *additional* properties, I would love to know where in the Bay you can have a 2500 SF home on a quarter acre with a view of the Bay and the city for less than, say, 1MM (I'm assuming the other 1MM is tied up in the other two properties and liquid spending needs). I'm casting m...
by Noobvestor
Thu Aug 03, 2017 1:21 am
Forum: Investing - Theory, News & General
Topic: Is now time to move into international stocks?
Replies: 57
Views: 7218

Re: Is now time to move into international stocks?

Nothing changes on my end. I don't own any international stocks or bonds. A simple two fund all U.S. 60/40 portfolio or one fund Vanguard Balanced Index Fund is all you need. Stay the Course and keep it Simple!! Vanguard Total World Stock + Total Bond Market is as simple or simpler. The main reason...
by Noobvestor
Thu Aug 03, 2017 1:19 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33196

Re: Your USER NAME...what does it mean?

Lieutenant.Columbo wrote:
Noobvestor wrote:It means I lack foresight.
maybe, but you're witty
:beer
by Noobvestor
Mon Jul 17, 2017 2:37 am
Forum: Investing - Theory, News & General
Topic: Is now time to move into international stocks?
Replies: 57
Views: 7218

Re: Is now time to move into international stocks?

Many large US companies have significant international operations, so US stock markets are already somewhat international. Emerging markets seem riskier to me, and Europe has Brexit, PIGS, and diversity problems. If I were young or a billionaire, I'd be happy to gamble on international stocks becau...