Search found 131 matches

by johan851
Mon Dec 10, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 102
Views: 18104

Re: 2017 Relative Tax Efficiency

I was able to hack around it by replacing the 12/31 date with 12/30.

*Edit* scratch that, it is much more broken than anticipated. :)
by johan851
Sun Nov 18, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 47
Views: 3707

Re: Men's crew neck t-shirts

I wear Merino wool undershirts under my dress shirts. I buy light gray as it blends well under various dress shirt colors. It's much better than cotton. More expensive but I travel for work and I can wear them on the plane, in different climates, and honestly one shirt can get me through a week and...
by johan851
Fri Nov 16, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 19
Views: 2011

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

That's true, but I was comparing I Bonds to TIPS. If we're comparing I Bonds to money markets, then I'd argue the MM isn't inflation indexed and isn't tax deferred. :) They're all useful in their own right, which makes apples to apples comparison challenging. That's my point - the differences betwee...
by johan851
Fri Nov 16, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 19
Views: 2011

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

I'm not sure they're advocating selling, but perhaps they are. I didn't play with the calculator. One of the advantages mentioned (#4) is actually the advantage that makes comparison to TIPS a little silly. IBonds have no interest rate risk. They're like zero duration bonds within 30 years. If you k...
by johan851
Thu Nov 15, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4585

Re: Accuracy of Zillow/Trulia/Redfin Estimates

There's some good information on the zestimate here, including some info on its accuracy: https://www.zillow.com/zestimate/
by johan851
Tue Nov 13, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: wall ovens

To the left of the fridge, you mean? Right. Fridge - Hallway - cabinet with 2 ovens Got it. I cropped some text out the designs, but that countertop is a peninsula sort of thing that opens into the dining room. The wall with slashes is a pony wall adjoining the dining area. Unfortunately, that woul...
by johan851
Tue Nov 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: wall ovens

Bogle7 wrote:
Tue Nov 13, 2018 1:27 pm
Put a 24-inch speed oven and a 24-inch convection oven to the right of refrigerator/hallway. Give up that useless counter space. You gain it back with the countertop microwave disappearing.
To the left of the fridge, you mean?
by johan851
Tue Nov 13, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

A 200lb propane tank for the range could be an option if you want a flame to cook with. That would probably add several k to your remodel though. A 6 burner stove is something I really want and would use a decent amount. We find ourselves with pressure canners, stock pots, etc on the stove while al...
by johan851
Tue Nov 13, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

What does your architect/kitchen designer say? You do have one, right? I do have one. She's saying that either one will look great, so it's really down to what I want. And I'm mostly wondering if the added expense of replacing my perfectly good 30" induction range with either a 36" induction range ...
by johan851
Mon Nov 12, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

I could consider putting an oven and speed oven side by side under the counter opposite the cooktop. Don't. Too low. The ideal height for a double oven combo is about chest high. So you're saying don't do it all, stick with the 30" range? There's no floor to ceiling cabinetry appropriate for a comb...
by johan851
Mon Nov 12, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

Induction cooktops requires pans that will work on them. I'd be sure you really want induction and I'd never pay anything near $5,000 for them. (I assume you're not thinking of selling your house any time soon.) Thanks - as I mentioned in my first post, we already have a 30" induction range and I r...
by johan851
Mon Nov 12, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

I would put in separates. You don't really lose much space if at all because the space under the cooktop is available for pots and pans storage. Then put in a double wall oven, or a oven/microwave combo. Also makes it nicer for big group cooking projects like Thanksgiving because your cooktop and o...
by johan851
Mon Nov 12, 2018 1:22 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

Re: 30" or 36" induction range for remodel?

What do you need? Is this mostly for looks, or do you do a lot of cooking that requires 6 burners at the same time? We have a nice 30 inch higher end range with 4 burners with a big oven. We rarely use more than 2 burners at a time. I doubt we have ever used 4 at the same time -- and we cook a lot,...
by johan851
Sun Nov 11, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2330

30" or 36" induction range for remodel?

We're doing a major remodel of our kitchen, and I've come to a question I'm a bit stuck on. We initially planned to use our current 30" induction range - I've really liked it and it's only a couple of years old. However, we'll have way more counter space after the remodel, and there's plenty of spac...
by johan851
Sat Nov 10, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - Cost basis not ACTUALLY switching to SpecID?
Replies: 9
Views: 1005

Re: Vanguard - Cost basis not ACTUALLY switching to SpecID?

Yes, I experienced something very similar. They're notorious for screwing up cost basis like this. I'd give them a call, it may take them a couple of weeks or more to sort it out, but you'll at least get your issue in the queue. It might also fix itself if you wait, but I would just call.
by johan851
Fri Sep 21, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: SPY + VB = VTI ?
Replies: 5
Views: 325

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: 1084

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: 717

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: 717

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: 717

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: 2977

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: 819

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: 1802

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: 1802

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: 1802

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: 1969

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: 5448

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: 5448

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: 3459

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: 1470

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: 1956

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: 1956

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: 1956

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: 3399

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: 3399

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: 2257

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: 445

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: 1661

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: 1548

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: 505

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: 319

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: 293

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: 293

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: 14282

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: 9647

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: 1319

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: 10339

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: 10081

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: 455

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...