Search found 116 matches

by johan851
Fri Sep 21, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: SPY + VB = VTI ?
Replies: 5
Views: 305

Re: SPY + VB = VTI ?

SPY + VB is quite close. A perfectly fine approximation if you're "stuck" in those funds. VB is a completion index for VV, which holds the largest 600ish domestic stocks. You'll be missing about 100 large companies, but SPY + VB is a lot closer to the total market than just SPY. Here you go: https:/...
by johan851
Sun Sep 09, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: What happens when a country goes from VWO -> VEA?
Replies: 14
Views: 1063

Re: What happens when a country goes from VWO -> VEA?

Yeah, it's confusing that the ETF.com page is saying $11.10B in AUM but the Vanguard page says $356.4 billion. Maybe that just means the ETF VXUS itself is $11.1B AUM but the admiral & investor shares are the remainder (~$345B)? The number on Vanguard also includes, e.g., 401k assets in Vanguard To...
by johan851
Mon Sep 03, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 698

Re: Donor advised fund

Sure, fair point. I'm happy to dump it all in the DAF and save myself the bookkeeping, but there are plenty of reasons to do it the other way too. That reminds me that not having to track charitable contributions during the year is one of best things about it for me. Instead I just use the app to a...
by johan851
Mon Sep 03, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 698

Re: Donor advised fund

Sure, fair point. I'm happy to dump it all in the DAF and save myself the bookkeeping, but there are plenty of reasons to do it the other way too.
by johan851
Mon Sep 03, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 698

Re: Donor advised fund

Tax free growth isn't entirely trivial either - it shields you from taxable distributions, which is especially helpful for bond funds.
by johan851
Mon Sep 03, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a better way to do International than Total Index??
Replies: 22
Views: 2910

Re: Is there a better way to do International than Total Index??

1) There's always going to be some index that does worse than another. Be careful not to try to choose the better future index using hindsight. You just don't know. 2) VINEX isn't actually special - it's also loosely based on a developed markets small cap index. Compare its returns with the index it...
by johan851
Fri Aug 24, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard fund via bank account instead of settlement fund
Replies: 8
Views: 787

Re: Buying Vanguard fund via bank account instead of settlement fund

No problem, I do this all the time with an empty settlement fund. Saves a step.
by johan851
Mon Aug 06, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: input on trip to Spokane, Coeur D'Alene
Replies: 25
Views: 1744

Re: input on trip to Spokane, Coeur D'Alene

If you're interested in geology, this is a good starting point for understanding the unique landscape you'll see as you explore the region: https://en.wikipedia.org/wiki/Missoula_Floods
by johan851
Sun Aug 05, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: input on trip to Spokane, Coeur D'Alene
Replies: 25
Views: 1744

Re: input on trip to Spokane, Coeur D'Alene

I forgot booze suggestions! In Spokane, Dry Fly Distillery has great gin and whisky sourced from local ingredients. It's conveniently next door to No Li brewery for local microbrews. Walla Walla is wine country, but just west is hop country in the Yakima Valley. 3/4 of the hops in the US are grown t...
by johan851
Sun Aug 05, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: input on trip to Spokane, Coeur D'Alene
Replies: 25
Views: 1744

Re: input on trip to Spokane, Coeur D'Alene

Your trip might take you near Palouse Falls - if so, it's a cool stop. In Coeur d'Alene, there's a restaurant called Satay Bistro. My wife and I had dinner there once and it was excellent. We're planning to eat there again in September ourselves. If you go, ask every single guy there if they're a Bo...
by johan851
Tue Jul 31, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: I desire above average results
Replies: 14
Views: 1942

Re: I desire above average results

livesoft wrote:
Tue Jul 31, 2018 11:35 am
The market return is an above average investor return. So if you can reduce expenses and taxes and get at least the market return, then you will have outperformed the average investor who pays more in fees and taxes.
Exactly what I wanted to say, but you put it better. :beer
by johan851
Sun Jul 22, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5346

Re: Biggest financial decision of my life: selling a big wad of options

That can be rough. If you do sell in chunks, I think the best reason (as you said) is to manage regret. It's the same philosophy as dollar cost averaging. By the numbers, selling everything now might make the most sense, but if you can come up with an aggressive selling plan and be disciplined about...
by johan851
Sun Jul 22, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5346

Re: Biggest financial decision of my life: selling a big wad of options

If they're that far in the money (sounds like ~10x the strike price) you're basically holding shares of company stock. If you had the equivalent cash value, would you buy shares of your company? I wouldn't - I'd diversify per my investment strategy. I think it makes the most sense to sell now. Early...
by johan851
Fri Jul 20, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Any reasons not to donate shares from taxable?
Replies: 48
Views: 3352

Re: Any reasons not to donate shares from taxable?

I did get exactly what I was looking for. I moved holdings over to Fidelity and have been using their platform for my taxable account. That went very well, and I like their tools. The integration with the DAF is excellent - very easy to see what you're donating and contributions happen at market clo...
by johan851
Wed Jul 11, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to automatically invest in Vanguard ETFs
Replies: 10
Views: 1329

Re: Best way to automatically invest in Vanguard ETFs

I agree that in real terms the lower ER isn't with the hassle. If you do want to convert shares, I'd recommend calling and doing a share class conversion instead of buying and selling. That way your dollars stay "in the market" the whole time. If you sell and then buy, you likely won't buy for the s...
by johan851
Wed Jul 04, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I hold $250K?
Replies: 11
Views: 1932

Re: Where do I hold $250K?

The current SEC yield is 1.66%, but there's no guarantee of that yield going forward. The yield may go up or down in coming months, and the price will fluctuate a bit as well.
by johan851
Wed Jul 04, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I hold $250K?
Replies: 11
Views: 1932

Re: Where do I hold $250K?

For the 33% bracket, 1.58% tax-free yield (actually 1.66% on the Admiral shares) is equivalent to 2.48% taxable yield. 1.66% / (1-0.33) = 2.48%. The last 52-week T-bill auction yielded ~2.35%. That's in the same ballpark. Vanguard's ultra short bond fund (corporate bonds) is yielding ~2.5% with an a...
by johan851
Wed Jul 04, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I hold $250K?
Replies: 11
Views: 1932

Re: Where do I hold $250K?

A money market fund would be the most conservative non-FDIC insured option, but since you're thinking1-2 years you could go with a short term bond. In the 33% bracket I'd also suggest either Vanguard's short term or limited term tax exempt bond fund. Short term has an average duration of 1.1 years a...
by johan851
Tue Jul 03, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: 28 w/heavy small cap tilt?
Replies: 41
Views: 3299

Re: 28 w/heavy small cap tilt?

Personally while I see good evidence for a SV effect and likely persistence of it the reality is the magnitude of it may be severely attenuated going forward. I'm not willing to crank down my equity allocation on the faith that the SV premium will reappear and persist going forward to match histori...
by johan851
Mon Jul 02, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: 28 w/heavy small cap tilt?
Replies: 41
Views: 3299

Re: 28 w/heavy small cap tilt?

It's worth reading (or re-reading) The Telltale Chart , which helped me think about tilting recently. I'll share this excerpt in particular, which I think is wise. Emphasis mine. So Slice and Dice is what you make it. Like all other investment strategies ever devised by the mind of man, sometimes it...
by johan851
Tue Jun 12, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard Small Cap Index really small cap?
Replies: 32
Views: 2198

Re: Is Vanguard Small Cap Index really small cap?

The median market cap of NAESX is more than twice that, which is why the S&P 600-based funds (like VIOO) are so much more exposed to the size premium. It's also worth noting that due to the cap weighted nature of these indexes, most of your invested dollars are steered towards the larger companies....
by johan851
Mon Jun 11, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard 500 have Conduent?
Replies: 2
Views: 443

Re: Why does Vanguard 500 have Conduent?

After a couple of Google queries, I found this: https://www.news.xerox.com/news/Xerox-completes-separation-of-Conduent Under the terms of the separation, on the distribution date of Dec. 31, 2016, Xerox shareholders received one share of Conduent common stock for every five shares of Xerox common st...
by johan851
Mon May 28, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Have you ever overpaid your federal income tax bill?
Replies: 17
Views: 1634

Re: Have you ever overpaid your federal income tax bill?

When I was in college I forgot to claim a credit that was available. I got a nice letter from the IRS informing me that I had forgotten to take it and that they had amended the return on my behalf, along with a check for something like $800. Which was a lot to me at the time.

Nice folks over there.
by johan851
Sun May 20, 2018 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me rationalise this 401k investment choice
Replies: 23
Views: 1503

Re: Please help me rationalise this 401k investment choice

My favorite way to put it is "do not confuse outcome with strategy". The Bogleheads philosophy is a long-term strategy. It's also a pretty conservative one. At any given point it's never going to have been the best strategy - it'll only have been better than most. It's impossible to tell what'll out...
by johan851
Sun May 20, 2018 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Timing for the 3 fund portfolio?
Replies: 2
Views: 491

Re: Timing for the 3 fund portfolio?

It's always a good time to lower expenses. I wouldn't worry too much about the state of the market. Market timing is ill-advised, but that aside, so long as you 're not fundamentally changing your asset allocation there's likely substantial overlap in your current and planned portfolio. You'll be in...
by johan851
Sun May 20, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Sub-par options from employer 403b
Replies: 7
Views: 290

Re: Sub-par options from employer 403b

Your options are terrific. You can build a three-fund portfolio easily. International: Vanguard Total International Stock Index Fund Institutional 0.09% Bond: Vanguard Total Bond Market Index Fund Institutional 0.04% You'll have to reconstruct VTSAX from these two, mixed 82/18. (see approximating to...
by johan851
Mon May 14, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Moving brokerage account established for minor
Replies: 3
Views: 278

Re: Moving brokerage account established for minor

Yeah, fair enough. Submitted the forms online just now.

And took a screenshot of the account status at Wells Fargo just in case Vanguard screws it up. :)
by johan851
Mon May 14, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Moving brokerage account established for minor
Replies: 3
Views: 278

Moving brokerage account established for minor

My mother established a small investment account for our two year old when they were born, and will do the same for any future children. She's providing an initial lump sum of a couple thousand dollars and won't make future contributions. She's setting them up with her financial advisor, so they're ...
by johan851
Mon May 14, 2018 9:44 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 13750

Re: The front page is ugly

It's clear that everyone likes the content and doesn't want the page to be heavier. I agree with that. But I wouldn't say no to some small tweaks - font, a little cleanup at the top, etc. It wouldn't change how I use the page, though.
by johan851
Mon May 07, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9300

Re: What career for smartest kid in the class?

Why do so many of the answers focus on money almost immediately? Isn't the real answer that the smartest kid should do whatever career they feel they will succeed in and enjoy fulfillment? After all, they are the smartest kid in the class. Seriously. I was going to say full time fisherman. I think ...
by johan851
Wed May 02, 2018 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio, asset allocation feedback requested
Replies: 13
Views: 1256

Re: Portfolio, asset allocation feedback requested

Hello, all! Thanks for the comments. Been researching a lot and had a few questions . . . We want to close down our BB&T and Betterment accounts and move everything into Vanguard. Our thought is to move our positions in-kind while we talk to our tax adviser about selling some of our positions and m...
by johan851
Tue May 01, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 69
Views: 9912

Re: Series I Bonds in April/May 2018

Are we in “back up the truck” territory yet? With a $10K/person limit, the truck is a little smaller for some. But it's a higher rate than recent years, so if you don't max out it may make sense to replace past purchases with new ones. Make sure you do the math on penalties and expected holding per...
by johan851
Sat Apr 28, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 9698

Re: What's wrong with this critique of indexing?

I've wondered about equal weighting as well. The buy and hold point above is a good one. Another reason would be minimizing market impact. If, say, 10% of the market is held through index funds, and it's all equal weight instead of cap weight, the result will be massive over-investment in a bunch of...
by johan851
Fri Apr 27, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Confirming wisdom of 401k rebalance allocation
Replies: 4
Views: 423

Re: Confirming wisdom of 401k rebalance allocation

Note the following from the description of Vanguard Equity Inc Adm (VEIRX) : This fund is designed to provide investors with an above-average level of current income while offering exposure to the stock market. Since the fund typically invests in companies that are dedicated to consistently paying d...
by johan851
Tue Apr 24, 2018 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio, asset allocation feedback requested
Replies: 13
Views: 1256

Re: Portfolio, asset allocation feedback requested

SeekingAdviceVA wrote:
Tue Apr 24, 2018 10:03 pm
With the three-fund portfolio, is buying and holding specific stocks directly not encouraged?
It's not encouraged. The three fund portfolio is all about only needing those three funds! :) But the founder shares may be a special situation.
by johan851
Tue Apr 24, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio, asset allocation feedback requested
Replies: 13
Views: 1256

Re: Portfolio, asset allocation feedback requested

We have been following the advice of an investment manager but feel they are not really thinking this through for us. As we wish to take it over, suggestions to simplify would be greatly appreciated. OK, great. I would focus on a three-fund portfolio. You really only need three for your desired ass...
by johan851
Tue Apr 24, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio, asset allocation feedback requested
Replies: 13
Views: 1256

Re: Portfolio, asset allocation feedback requested

Are you trying to "tilt" or otherwise overweight a particular category, like small, value, or emerging? This could be simplified substantially, especially if you want to hold everything at market weight, and that's the usual recommendation.
by johan851
Mon Apr 23, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Option Advice
Replies: 3
Views: 334

Re: 401k Option Advice

Fortunately, you have some good low-cost options in your 401k. If you stick with 80/20 asset allocation, here's what a Boglehead-style three fund portfolio would look like using those options. Three fund portfolio information: https://www.bogleheads.org/wiki/Three-fund_portfolio Approximating total ...
by johan851
Mon Apr 23, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 98
Views: 16334

Re: 2017 Relative Tax Efficiency

I've seen comments about mid cap indexes being inefficient due to companies' valuations dropping into small cap space or rising into large cap space. Is that sort of "index churn" reflected in the short or long term gains? Are the generic "distributions" only due to dividend payouts? I like this she...
by johan851
Sun Apr 22, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: DAF Suggested?
Replies: 13
Views: 1087

Re: DAF Suggested?

One tax advantage of a DAF that you get irrespective of deductions is the ability to avoid incurring a capital gain. (You’d have to have a pretty high income to be beyond the 0% long term capital gain bracket) A strategy I’m currently pursuing is making a biweekly automatic taxable contribution equ...
by johan851
Sun Apr 22, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 98
Views: 16334

Re: 2017 Relative Tax Efficiency

Thanks, this sheet has been really helpful for planning recently, as I'm starting to invest significantly more in taxable this year. So far I've been going off the "general advice", including the wiki, which indicates that large cap or total market should be the most efficient, followed by mid or sm...
by johan851
Fri Apr 20, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 1537

Re: How do you compare VNQ vs SP500?

Regarding reinvesting dividends, I believe if you chart the mutual fund version of that fund (Admiral shares to match the ETF ER) it'll show you the dividend-reinvested view: http://quotes.morningstar.com/chart/fund/chart?t=VGSLX®ion=usa&culture=en_US That doesn't answer your other question, whic...
by johan851
Mon Apr 16, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: For those that re-invest dividends automatically...
Replies: 15
Views: 2690

Re: For those that re-invest dividends automatically...

I consider dividends part of the return on my portfolio, and I reinvest them. If the goal of your 25% target is to provide some spending discipline and save for retirement, considering a dividend part of those savings seems counterproductive.
by johan851
Wed Apr 11, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investing
Replies: 24
Views: 2294

Re: Emergency Fund Investing

Also tiered. Because I usually have a decent amount of cash in savings (meaning the emergency fund really is for emergencies) I do the following: Tier one: quickly accessible cash Tier two: Vanguard intermediate term muni bond Tier three: I-bonds The bonds and I-bonds aren't super liquid - I can't g...
by johan851
Tue Apr 10, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Rationale for adding VVIAX & VEXAX?
Replies: 4
Views: 747

Re: Rationale for adding VVIAX & VEXAX?

Adding these funds is one way to tilt your portfolio towards value stocks, and possibly small cap stocks as well. If you search around the site and forum for tilting small value you'll find a lot of information. Here's a start: Value tilting wiki: https://www.bogleheads.org/wiki/Value_tilting_-_stoc...
by johan851
Tue Apr 10, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale Question
Replies: 5
Views: 298

Re: Wash Sale Question

A couple of easy things - if you have substantially identical holdings in taxable and tax-advantages, you may want to set dividends to not automatically re-invest. That's a good way to have a purchase surprise you in the wash sale window. I set that on all holdings because it lets me use dividends t...
by johan851
Tue Apr 10, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale Question
Replies: 5
Views: 298

Re: Wash Sale Question

Unfortunately, yes. I had a similar situation when filing my 2016 return. Since the repurchased shares were in a tax-advantaged account, this is a little less complex because you don't have to re-adjust the cost basis of those shares. But that also means that don't get the advantage of adjusted cost...
by johan851
Mon Apr 09, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3789

Re: Anyone tried a sunrise alarm clock?

I have one of the Phillips ones and it's great. You can use Fakespot.com to check the review quality on Amazon on the $30 ones. They're mostly fake garbage.

I've bought two of the Phillips models on Ebay with light use, in both cases at close to half MSRP. I'd recommend that route.