Search found 232 matches

by jasonv
Sat May 02, 2015 9:09 pm
Forum: Investing - Theory, News & General
Topic: Who's Buying I Bonds Now?
Replies: 43
Views: 7500

Re: New I bond rates out - not good news

We still might buy our full I bonds this year (I already bought $5k from my tax refund) because it's not inflation this year I'm worried about: it's inflation in 20 years. And once I don't buy this year's I bonds, I can never buy them again. Am I thinking about this clearly? Also, I don't see how t...
by jasonv
Fri Dec 05, 2014 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to not spend my HSA
Replies: 3
Views: 891

Convince me to not spend my HSA

I have what I now consider to be an "orphaned" HSA, which due to a change in my employment situation has a low probability of seeing any added contributions in the near future. Pushing the issue, the current custodian has also begun charging a $3 monthly maintenance fee. The current balance is just ...
by jasonv
Sun Aug 31, 2014 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: HSA pre-tax contribution rules
Replies: 19
Views: 2606

Re: HSA pre-tax contribution rules

This is a function of the company policies and their payroll processing. You could certainly check with HR, but it might not be possible. Company HSA contributions are very often contingent on employee contributions in the pay period. So a company might use the method you describe to ensure that co...
by jasonv
Sun Aug 31, 2014 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for cash in HSA?
Replies: 3
Views: 681

Re: Best place for cash in HSA?

Their website states "All funds may be purchased at net asset value (NAV) without a front end load. Redemption fees may apply." so there seems to be an exemption. None of the funds list a redemption load. That is certainly a relief. All four of the fund options still have moderately high expense ra...
by jasonv
Sun Aug 31, 2014 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for cash in HSA?
Replies: 3
Views: 681

Re: Best place for cash in HSA?

I'm also currently considering my options for investing some HSA funds, so I thought I would contribute my thoughts on the topic. Are all of those funds really charging a load? If so, then it would take many years before any of those funds would come ahead of the simple 0.4% interest on the cash acc...
by jasonv
Tue Jul 29, 2014 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo "Wells-Trade" Brokerage Questions
Replies: 23
Views: 4375

Re: Wells Fargo "Wells-Trade" Brokerage Questions

Those two funds (both Vanguard Intermediate-Term Tax-Exempt) reported that error, while other Vanguard municipal bond funds did not. Didn't Vanguard recently close Intermediate-Term Tax-Exempt from retail purchases outside Vanguard? I recall a thread about that sometime last year. In my PMA-linked ...
by jasonv
Tue Jul 29, 2014 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo "Wells-Trade" Brokerage Questions
Replies: 23
Views: 4375

Re: Wells Fargo "Wells-Trade" Brokerage Questions

I do not believe that Vanguard funds are NTF funds at WellsTrade nowadays. Furthermore, I just tried to place an order for VTSAX, and the message is: The mutual fund symbol entered is not available for purchase online in this account. I suppose it might be available to purchase by phone, but I doub...
by jasonv
Sun Jul 13, 2014 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 100% stock allocation for 33 year old
Replies: 85
Views: 13447

Re: Thoughts on 100% stock allocation for 33 year old

Consider what recent research has shed on this topic and decide for yourself: http://wpfau.blogspot.com/2011/06/getting-on-track-for-retirement.html Looking at Part B of the first table (35 year olds), does changing the stock allocation percentage from 80% to 100% make a significant different in the...
by jasonv
Sat Jun 07, 2014 2:24 pm
Forum: Investing - Theory, News & General
Topic: 15% bracket: convert IRA or tax gain harvest?
Replies: 36
Views: 4174

Re: 15% bracket: convert IRA or tax gain harvest?

For those like me the path is clear as I diligently performed tax loss harvesting during market downturns and so gain harvesting would accomplish nothing except wiping out carryover losses to no benefit. Indeed, carryover losses close the door on the 0% LTCG bracket being useful. For others, I can ...
by jasonv
Sat Jun 07, 2014 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: The 2 comma paradox
Replies: 155
Views: 18714

Re: The 2 comma paradox

Use a base other than 10 for your number system, and you can easily change the number of commas to suit your taste. Or, you can change where you put your commas as is sometimes done in China thus 1,234,567,890 is regrouped here as 12,3456,7890 One wan (萬, 万) is 10,000. In speech, one million is 100...
by jasonv
Tue Jun 03, 2014 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: 529 vs taxable for 15% marginal tax bracket?
Replies: 41
Views: 4176

Re: 529 vs taxable for 15% marginal tax bracket?

asif, I would call Vanguard to ask them about the wash-sale rule and short term trading fees for the specific funds that you have. You are in a good spot to both tax gain harvest and tax loss harvest. The wash sale rule only applies to capital losses, not capital gains. As sunnyday noted, you could...
by jasonv
Tue Jun 03, 2014 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: 529 vs taxable for 15% marginal tax bracket?
Replies: 41
Views: 4176

Re: 529 vs taxable for 15% marginal tax bracket?

If you do end up going with the 529 route, you might consider the Colorado 529 which offers a stable value fund currently yielding 2.64% : http://thefinancebuff.com/colorado-stable-value-plus-529-plan-3-04-percent-return-guaranteed-through-december-31-2013.html That's a very attractive short-term i...
by jasonv
Mon Jun 02, 2014 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: 529 vs taxable for 15% marginal tax bracket?
Replies: 41
Views: 4176

Re: 529 vs taxable for 15% marginal tax bracket?

If you do end up going with the 529 route, you might consider the Colorado 529 which offers a stable value fund currently yielding 2.64% : http://thefinancebuff.com/colorado-stable-value-plus-529-plan-3-04-percent-return-guaranteed-through-december-31-2013.html That's a very attractive short-term in...
by jasonv
Sat May 31, 2014 2:43 pm
Forum: Personal Consumer Issues
Topic: Telecom Quandary
Replies: 14
Views: 1587

Wi-Fi Calling

I realize that you still may not feel that you are getting the full value of your service when doing this, but are you able to enable Wi-Fi calling on your device? http://support.t-mobile.com/community/coverage/wifi-calling Not all phones support this feature, but many of the devices sold thru T-Mob...
by jasonv
Wed Apr 23, 2014 10:19 pm
Forum: Investing - Theory, News & General
Topic: Please explain a 3% SWR to me
Replies: 92
Views: 26019

Re: Please explain a 3% SWR to me

I wonder if there is a general bias against SPIAs among Bogleheads, or if there is some other consideration that I am missing. Most of us love SPIAs... It's only "good" annuity... It also means no inheritance, so few of us want to go 100% SPIA. When I retire with $2 million, I definitely see myself...
by jasonv
Wed Apr 23, 2014 6:34 pm
Forum: Investing - Theory, News & General
Topic: Please explain a 3% SWR to me
Replies: 92
Views: 26019

Re: Please explain a 3% SWR to me

starbux wrote: I think the desire to pass things along to heirs must be a bigger driver in this. No, it's not money to pass along to heirs. The "safe" withdrawal rate is based on a specified failure rate of going broke. Most people want only a 10% chance of failure and the safe withdrawal rate is d...
by jasonv
Thu Jan 23, 2014 9:46 am
Forum: Local Chapters and Bogleheads Community
Topic: Austin Chapter Meeting February 15th
Replies: 3
Views: 1227

Re: Austin Chapter Meeting February 15th

I will plan on being there!
by jasonv
Fri Oct 04, 2013 9:06 pm
Forum: Investing - Theory, News & General
Topic: The new safe withdrawal rate
Replies: 285
Views: 24790

Re: The new safe withdrawal rate

I don't understand why anyone of normal retirement age would need to accept living on less than 4% of their assets to meet their minimum acceptable lifestyle, when a 60 year old female can purchase a life annuity with an inflation protection rider yielding 3.99888% : http://www.principal.com/retirem...
by jasonv
Sat Aug 03, 2013 11:58 am
Forum: Investing - Theory, News & General
Topic: Meet CoRI: Your Retirement guide
Replies: 10
Views: 2186

Re: Meet CoRI: Your Retirement guide

From Blackrock website " The CoRI Retirement Index (CoRI Index) provides a daily "level" that can be used to calculate an estimate of how much annual income your current savings could generate beginning the year you turn 65 - as early as 10 years before retirement. Specifically, your CoRI Index lev...
by jasonv
Sat Aug 03, 2013 1:16 am
Forum: Investing - Theory, News & General
Topic: Meet CoRI: Your Retirement guide
Replies: 10
Views: 2186

Re: Meet CoRI: Your Retirement guide

It seems like an interesting concept, but unfortunately they seem to assume a SWR in excess of 5%. The CoRI index for a 64 year old retiring at 65 was 19.03, but I'm fairly sure that most Bogleheads aim to accumulate at least 25 times annual spending for retirement.
by jasonv
Tue Apr 23, 2013 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Short term savings/emergency fund
Replies: 24
Views: 2914

Re: Short term savings/emergency fund

notoriousfinch wrote:A savings account at Mango can earn upwards of 4%
http://www.bogleheads.org/forum/viewtop ... =2&t=94135
This and a few other similar ideas have been posted by tfb in his 'Double the Bond Yield' series:

http://thefinancebuff.com/tag/by2
by jasonv
Tue Apr 23, 2013 9:15 pm
Forum: Investing - Theory, News & General
Topic: "really bad hour" at about 1:10pm today?
Replies: 34
Views: 4225

Re: "really bad hour" at about 1:10pm today?

There are some things you cannot control. But here, I think it's a terrific reminder that if you're placing an order to buy an ETF, you'd probably be better served by placing a limit order and avoiding "market price" altogether. Artsdoctor Indeed, these types of events make me no more fearful of us...
by jasonv
Tue Apr 23, 2013 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 556
Views: 324693

Re: Mango prepaid card - 4.8% (effective) APY

I've just left my account generally idle, aside from the monthly deposits. Then I occassionally spend small amounts on the prepaid card from time to time while pulling up to $100 cash back at the checkout during the purchase. Micromanaging it any more than that just doesn't feel like it is worth the...
by jasonv
Tue Apr 23, 2013 7:46 pm
Forum: Investing - Theory, News & General
Topic: "really bad hour" at about 1:10pm today?
Replies: 34
Views: 4225

Re: "really bad hour" at about 1:10pm today?

There are some things you cannot control. But here, I think it's a terrific reminder that if you're placing an order to buy an ETF, you'd probably be better served by placing a limit order and avoiding "market price" altogether. Artsdoctor Indeed, these types of events make me no more fearful of us...
by jasonv
Sun Apr 21, 2013 3:34 pm
Forum: Investing - Theory, News & General
Topic: Article: EE Bonds are the best Long Term bond
Replies: 77
Views: 7438

Re: Article: EE Bonds are the best Long Term bond

The same thing applies to 401k, 403b and other retirement plans. You could say they're all tax time bombs. Well, Mel, I'm not withdrawing my TSP all at once, but I take your point. Certainly the RMD's will represent a fairly significant tax nut over time. That's why I'll be finished converting my w...
by jasonv
Sat Apr 20, 2013 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Put Money Set Aside for Kids
Replies: 18
Views: 2556

Re: Where to Put Money Set Aside for Kids

If you are able to truly commit to a 20 year time horizon, then EE Savings Bonds are one of the best deals out there right now given that they guarantee 3.5% over 20 years. Being free from state income tax (and federal income tax when used for education) is an added bonus.
by jasonv
Sat Apr 20, 2013 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Available cash for 3 years. Best investment alternative.
Replies: 16
Views: 1707

Re: Available cash for 3 years. Best investment alternative.

As others have noted, your options for a short time horizon are very limited. The best you can do is to thoroughly search for the best CD rates both nationally and in your local area. This blog gives a summary of some of the best rates currently: http://www.depositaccounts.com/blog/2013/04/survey-of...
by jasonv
Sat Apr 20, 2013 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help w/ a $55M portfolio?
Replies: 51
Views: 8279

Re: Help w/ a $55M portfolio?

Although I would find it difficult to spend $700k annually myself, in the context of the OP it is not unreasonable at all. At about 1.1% of net worth, it could easily be argued that this is a very conservative spending level even for someone who is no longer working. Based on that relatively low spe...
by jasonv
Fri Apr 19, 2013 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey recommends 2 funds on the air
Replies: 53
Views: 22108

Re: Dave Ramsey recommends 2 funds on the air

With regard to Mr. Ramsey, it's plain as day that he has helped many, many people with their finances. And I genuinely applaud him for that. But I don't think we do anybody any favors when we gloss over the fact that, while some of his investing advice (recommending against timing the market) is go...
by jasonv
Fri Apr 19, 2013 7:46 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey and 7%
Replies: 46
Views: 10072

Re: Dave Ramsey and 7%

Like others have said Dave gives good debt reduction advice, but I don't necessarily like his investing advice. It's not for the squeamish and definitely not for a Boglehead. A pet peeve of mine is that Dave tells all his callers that you need a budget and you can't do it without one. Well I must b...
by jasonv
Sat Apr 06, 2013 7:16 pm
Forum: Investing - Theory, News & General
Topic: Tax advantaged cap proposal
Replies: 2
Views: 519

Re: Tax advantaged cap proposal

Seriously, the budget proposal hasn't even been printed yet, much less passed into any law. Per forum policy, "discussions of proposed laws or regulations are prohibited": http://www.bogleheads.org/forum/viewtopic.php?t=405 As much as I would like to discuss other elements of the proposed changes, t...
by jasonv
Fri Mar 22, 2013 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Are Boglehead SWRs Too Conservatve?
Replies: 62
Views: 6327

Re: Are Boglehead SWRs Too Conservatve?

This is actually a risk tolerance decision. How comfortable are you with the idea that you have a 1 in 20 chance of running out of money? For me, that seems scary high, for someone else it may be excessively cautious. Including reverse mortgage? I'd hate to run out at 78. But I can live with a 1 in...
by jasonv
Tue Mar 19, 2013 9:58 pm
Forum: Investing - Theory, News & General
Topic: POLL: Withdrawal Rates For Real Retirees
Replies: 79
Views: 7366

Re: POLL: Withdrawal Rates For Real Retirees

I too was rather disconcerted with the large number that are withdrawing less than 1%. I guess lifelong habits are hard to break (like living well below your means). I'm still in the accumulation phase, but my knee-jerk reaction to seeing that number was hoping that I don't fall into that crowd whe...
by jasonv
Sat Feb 23, 2013 11:47 pm
Forum: Investing - Theory, News & General
Topic: Leveraged index funds (long term)
Replies: 44
Views: 3198

Re: Leveraged index funds (long term)

It seems to me that tilting towards small cap and value would be a lower cost way to push further out along the risk/return spectrum than using leverage.
by jasonv
Sat Feb 23, 2013 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investment help for the moderately clueless
Replies: 5
Views: 825

Re: Investment help for the moderately clueless

Welcome to the Bogleheads forum! Please express my gratitude to your husband for his service on my behalf. You may find the information in the wiki on Military finances helpful. 1. We plan to open Roth IRA's this month and my husband is military. Would the Roth TSP be as good of an option as either ...
by jasonv
Sat Feb 23, 2013 11:03 pm
Forum: Investing - Theory, News & General
Topic: I dont understand how Ibonds are a good investment
Replies: 29
Views: 5306

Re: I dont understand how Ibonds are a good investment

The SEC yield on the high quality intermediate term muni bond funds offered by Vanguard is around 1.5%, which isn't really any higher than the expected inflation rate going forward. The advantage of the muni bond funds are that only the capital gains are taxed, but this comes with the disadvantage t...
by jasonv
Sat Feb 23, 2013 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Portfolio Advice
Replies: 1
Views: 671

Re: Personal Portfolio Advice

1. First: The obvious... Are there changes we should make in our 401(k)s based on the options available? Why use the American Century target fund? I have nothing against target funds, but even the BlackRock S&P 500 fund has a much lower expense ratio. Note that by making this chance you will need t...
by jasonv
Sat Feb 23, 2013 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Split Between Roth IRA and Roth 401k?
Replies: 5
Views: 1173

Re: Time to Split Between Roth IRA and Roth 401k?

JJP wrote:It's a 1-1 match up to 3%. Would it be even better for a 3% Roth 401k and 12% Roth IRA split? I'm assuming this is due to lower expenses? Fill the IRA then put the rest into the company 401?
Yes, that is exactly the plan I would follow to minimize expenses.
by jasonv
Sat Feb 23, 2013 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Split Between Roth IRA and Roth 401k?
Replies: 5
Views: 1173

Re: Time to Split Between Roth IRA and Roth 401k?

How much do you have to contribute to your 401k to get the 3% match? Always contribute enough to max out the match no matter what, because it is free money that isn't worth passing up even if the expenses in your 401k are very high (which they are not). Once you have put in just enough to get the ma...
by jasonv
Sat Feb 23, 2013 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: 403b choices
Replies: 2
Views: 373

Re: 403b choices

Past performance (rate of return) does not guarantee future return, but lower expense ratios are correlated with returns (particularly for bond funds). We can help provide more guidance if you can post more details in the format given in this post: http://www.bogleheads.org/forum/viewtopic.php?f=1&t...
by jasonv
Sat Feb 23, 2013 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to keep emergency funds
Replies: 10
Views: 1899

Re: Best place to keep emergency funds

Bogleheads use a variety of mechanisms for storing their emergency fund (such as reward checking accounts, Series I savings bonds, short term bond funds, etc.):

http://www.bogleheads.org/forum/viewtop ... =1&t=89582
by jasonv
Sat Jan 05, 2013 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom 10% cash back
Replies: 27
Views: 5280

Re: Chase Freedom 10% cash back

Despite the misleading title, I appreciate this thread drawing attention to this card which I feel is under-appreciated. The reward structure actually gives me some motivation to keep individual transactions smaller, countering the common tendency for those using rewards cards to spend more which ha...
by jasonv
Fri Dec 07, 2012 1:09 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 556
Views: 324693

Re: Mango prepaid card - 4.8% (effective) APY

Do I have to have their prepaid card to have the savings account? Do I have to keep money on the card? It is worth keeping the prepaid card, because without direct deposit to the card, the savings account is not eligible for the 6% promo rate. The balance on the card can be kept at zero. Mango will...
by jasonv
Thu Dec 06, 2012 1:25 am
Forum: Investing - Help with Personal Investments
Topic: Bloomberg Rates/Bonds page (TIPS)
Replies: 9
Views: 1208

Re: Bloomberg Rates/Bonds page (TIPS)

I may have found an alternative to the TIPS information formerly provided by Bloomberg in the Fidelity's bond search tool: https://fixedincome.fidelity.com/ftgw/fi/FIBondDetails?displayFormat=TABLE&cusip=912810QV3&ordersystem=TORD&preferenceName= Selecting the second tab reveals the yield fields, wh...
by jasonv
Thu Dec 06, 2012 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 556
Views: 324693

Re: Mango prepaid card - 4.8% (effective) APY

Anyone been able to do ACH push from Chase? I followed their usual procedure- Chase sends the two small deposits, I go to Chase and verify the amounts and get the following error: We were unable to process your request. Unknown Error (50005) Chase is pretty much unhelpful, only suggesting that I tr...
by jasonv
Sun Dec 02, 2012 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 556
Views: 324693

Re: Mango prepaid card - 6% APY

Sadly, they seem to have caught on to the monthly fee avoidance trick. They're now debiting the monthly fee regardless of my prepaid balance, and the prepaid account just sits at negative $5 until more money is transferred in. So it's now effectively 4.8% interest, if you have a $5000 balance. If t...
by jasonv
Wed Nov 28, 2012 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in Vanguard Funds w/ Wells Fargo Advisors?
Replies: 7
Views: 1929

Re: Invest in Vanguard Funds w/ Wells Fargo Advisors?

I can't imagine why it wouldn't be possible to just call up WF and request to have a self-directed brokerage account, unless they really want to completely lose your business. That being said, any potential capital gains taxes on the sale of the existing funds may have to be taken into account. The...
by jasonv
Wed Nov 28, 2012 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in Vanguard Funds w/ Wells Fargo Advisors?
Replies: 7
Views: 1929

Re: Invest in Vanguard Funds w/ Wells Fargo Advisors?

I can't imagine why it wouldn't be possible to just call up WF and request to have a self-directed brokerage account, unless they really want to completely lose your business.

That being said, any potential capital gains taxes on the sale of the existing funds may have to be taken into account.
by jasonv
Tue Nov 27, 2012 8:53 pm
Forum: Investing - Theory, News & General
Topic: i bonds or EE bonds?
Replies: 48
Views: 10751

Re: i bonds or EE bonds?

I have a tough time believing that a series of I savings bonds could come out ahead when 20 year TIPS is currently yielding around 0%, and the current break-even rate based on Treasuries is just under 2.4%. That's a full percentage point lower than the 20 year EE savings bond rate. Additionally, bef...