Search found 77 matches

by jaytheman
Tue Mar 05, 2013 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Financial leeches that are family
Replies: 31
Views: 8507

Re: Financial leeches that are family

The way I have met anything like this in the past, is to examine if I am better off investing money myself now to possibly have for real emergencies in the future vs. making an outright gift now. I would not deny a relative some help in real dire circumstances but need to be convinced that things ha...
by jaytheman
Thu Feb 28, 2013 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Finance or not a vehicle?
Replies: 38
Views: 2978

Re: Finance or not a vehicle?

If someone offers 0% financing then you can get a better deal if they do not finance the care. Just haggle a bit over the price and you will see that they will have a better rate where they do not finance. This is not true. I've had to buy two cars in the last year and after doing research and talk...
by jaytheman
Wed Feb 27, 2013 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Finance or not a vehicle?
Replies: 38
Views: 2978

Re: Finance or not a vehicle?

If someone offers 0% financing then you can get a better deal if they do not finance the care. Just haggle a bit over the price and you will see that they will have a better rate where they do not finance.
by jaytheman
Tue Feb 26, 2013 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Don't understand Roth 5 year rule
Replies: 5
Views: 2084

Re: Don't understand Roth 5 year rule

If this post is accurate then you have nothing to worry about. http://online.wsj.com/article/SB125754645803734655.html
by jaytheman
Fri Feb 22, 2013 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes! Took a Good Look at My WF Expenses. Portfolio Help
Replies: 38
Views: 5836

Re: Yikes! Took a Good Look at My WF Expenses. Portfolio He

I think you need to attack the 56% that you have in the 401k at 1%. You ask if there are other funds there you should consider. Look to see if you have any with considerably lower ERs and list them.
by jaytheman
Tue Feb 12, 2013 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Invite For Free Dinner CFP
Replies: 53
Views: 3693

Re: Invite For Free Dinner CFP

The vegan in me says to be wary of those wishing to help me lead a long life while feed me a steak. Just a thought.
by jaytheman
Tue Feb 05, 2013 6:34 pm
Forum: Personal Consumer Issues
Topic: The perfect Boglehead car
Replies: 92
Views: 15192

Re: The perfect Boglehead car

Note: to the serious, skip this! The perfect Boglehead car is made of parts from all sorts of cars parts which are select from existing models based on the market capitalization of various auto manufacturers. One slight variation is that 70% of the parts comes from domestic brands because one does n...
by jaytheman
Tue Feb 05, 2013 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: If I Put in a Buy Order for a Vanguard MF Last Night
Replies: 14
Views: 2098

Re: If I Put in a Buy Order for a Vanguard MF Last Night

LFKB wrote:If I Put in a Buy Order for a Vanguard mutual fund (total stock market) Last Night around 7pm PT, did my purchase get in before the market opened today or not until after close?

It's unclear to me from looking at the website.

Thanks
That is well after the day's Market close (4 PM EST/ 1 PM PST).
by jaytheman
Mon Feb 04, 2013 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Choices
Replies: 3
Views: 507

Re: Bond Fund Choices

I just switched from Pimco Total Return to Vanguard Total Bond fund because of a switch in 401K managers. I don't think that there is really all that much difference there. Pull up charts of the last 5-6 years and compare them. My feeling is that Bill Gross like to make a few more big bets from time...
by jaytheman
Mon Feb 04, 2013 1:00 pm
Forum: Investing - Theory, News & General
Topic: "Mutual Funds for Dummies" A gem.
Replies: 9
Views: 2277

Re: "Mutual Funds for Dummies" A gem.

I am glad you posted this. When I was recently educating myself very late in the game it was one of my first reads. I believe that I could have not started at a much better place. I would recommend it to everyone esp. those just getting in the game.
by jaytheman
Wed Aug 01, 2012 12:21 pm
Forum: Investing - Theory, News & General
Topic: Average 401k investment return
Replies: 43
Views: 5219

Re: Average 401k investment return

Try googling something like this "US 401k balance statistics". This provides some information but you should really be looking for returns by asset class, understanding that you control the mix of assets with risks and goals in mind. Others have already pointed out how useless this sort of informati...
by jaytheman
Mon Jul 30, 2012 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest if I am short US Stocks?
Replies: 8
Views: 1340

Re: Where to invest if I am short US Stocks?

Welcome to the casino (just kidding, sort of). I think I understand your point. I am guessing that you would just shift to a much more conservative portfolio and then buy a small slice of a leveraged indexed short fund to minimize your risk while you entertain this one time event. Google "inverse in...
by jaytheman
Wed Jul 18, 2012 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: New Job- Fidelity vs TIAA-CREF
Replies: 17
Views: 8862

Re: New Job- Fidelity vs TIAA-CREF

My current 401k plan has a self-directed brokerage account with Fidelity. For up to 95% of my funds total, I can put the funds in the brokerage account and buy ETFs (among other choices, like stock, mutual funds etc). Since I can buy the Vanguard ETF's there and the rates are like Admiral Shares at ...
by jaytheman
Tue Jul 10, 2012 4:23 pm
Forum: Personal Consumer Issues
Topic: WSJ
Replies: 27
Views: 3070

Re: WSJ

I started to take it every month with the Nook ebook version but I found that I did not have the time to go through it most weeks. I now buy an occasional version on weekends or review periodically at the library. I like it but could never see $500/yr. for it. I would even keep taking the Nook ebook...
by jaytheman
Mon May 07, 2012 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Form 521 has me confused
Replies: 2
Views: 1472

Re: Social Security Form 521 has me confused

I haven't done it; Bob U and nonnie have. The difference between type of application and type of benefit is hinted at in this instruction in the POMS (the workers' manual). The W/D request must contain the reason for W/D and the specific application being withdrawn including the: Date claim filed, ...
by jaytheman
Mon May 07, 2012 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Form 521 has me confused
Replies: 2
Views: 1472

Social Security Form 521 has me confused

I signed up to receive retirement benefits but then decided to work another year or so. I am trying to complete Form SSA-521 but there are no instructions for completion. Most of it makes sense but "Type of Application" and "Type of Benefit" puzzle me a bit. I would like to save the trip to the Soci...
by jaytheman
Thu Apr 19, 2012 11:48 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds (The Bogle Rule)
Replies: 135
Views: 14624

Re: Age in Bonds (The Bogle Rule)

At one point I did have 100% in equities. Now its 75% stocks, 25% Bonds (I'm 29). I do Age -5, I figure I could change the bond allocation every 5 years by 5. Any opinions on this method? This seems fine by me. Unless things change a lot re. your life maybe 5 years is too frequent for change until ...
by jaytheman
Thu Apr 19, 2012 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Employer switching Vanguard funds
Replies: 9
Views: 985

Re: Employer switching Vanguard funds

Be sure to let your HR people/manager know about your concerns. It may not make a difference but then again it might start raising their level of concern. Could you post other funds available in your plan and the ERs?
by jaytheman
Tue Apr 17, 2012 10:39 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds (The Bogle Rule)
Replies: 135
Views: 14624

Re: Age in Bonds (The Bogle Rule)

by jsl11 » Tue Apr 17, 2012 2:41 am I sometimes hear people say that they had to delay their retirement indefinitely because of their recent bad results in the stock market. These are people who should be nearing or in retirement. "Age in bonds" might/could have prevented this sorry state of affair...
by jaytheman
Mon Apr 16, 2012 5:31 pm
Forum: Investing - Theory, News & General
Topic: The Curse of the Yale Model
Replies: 36
Views: 5529

Re: The Curse of the Yale Model

How state pension funds are doing is something that naturally interests me, since I have a pension paid by the Hawaii state pension system. And I see this, State pension fund trustees are just as bad as university endowments when implementing the Yale model. Pension returns also fall short of a sim...
by jaytheman
Fri Apr 13, 2012 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: DIPSX vs VAIPX
Replies: 11
Views: 1874

Re: DIPSX vs VAIPX

We are believers in index funds at this site. So why aren't we adding a recommendation for the TIP ETF which is an index fund here. Here is a thread. I am no expert but just wonder if those more knowledgeable would consider this. TIP vs Vanguard thread: http://www.bogleheads.org/forum/viewtopic.php?...
by jaytheman
Thu Apr 12, 2012 3:40 pm
Forum: Investing - Theory, News & General
Topic: What would you ask a billion dollar mutual fund manager?
Replies: 45
Views: 3826

Re: What would you ask a billion dollar mutual fund manager?

How does the size of your fund affect the return rate? What are the biggest return problems related to large fund size?
by jaytheman
Fri Apr 06, 2012 5:57 pm
Forum: Investing - Theory, News & General
Topic: a look at 2012's sure things
Replies: 17
Views: 2275

Re: a look at 2012's sure things

The fourth theme was to avoid all bonds except short-term ones, because interest rates were set to rise significantly. Was this blip, very recent, even due to interest rates rising? I had understood it to be explained more because of the fact that equities were doing decently so some movement from ...
by jaytheman
Thu Apr 05, 2012 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Investing new money in retirement.
Replies: 18
Views: 1689

Re: Investing new money in retirement.

I would think that you could just drawn down more from tax-deferred as you plan but raise the allocation of stocks/bonds in your overall portfolio. Put more of the equities in the taxable account. If the overall allocation calls for more bonds in the taxable then just make them shorter term treasuri...
by jaytheman
Wed Apr 04, 2012 10:53 am
Forum: Personal Consumer Issues
Topic: Lock In Nat Gas Prices?
Replies: 25
Views: 2115

Re: Lock In Nat Gas Prices?

Buy low, sell high. What would be your penalty for 'locking in a low price'? Lost opportunity at a still even lower price? I like sure things as you can never buy at the lowest or sell at the highest (unless it is blind luck).
by jaytheman
Wed Apr 04, 2012 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Interview follow-up letter
Replies: 16
Views: 1404

Re: Interview follow-up letter

I think you have assessed the situation and reached a conclusion. It never hurts to be nice as things could change down the road and if nothing else it is your gut feel about how to behave. Don't over analyze it.
by jaytheman
Fri Mar 30, 2012 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: "Massive" credit card security breach
Replies: 20
Views: 2399

Re: "Massive" credit card security breach

1. Minimize the number of credit cards you hold. 2. Only allow small balances. 3. Use other forms of payment which are more secure. e.g. 3rd party verification 4. Write legislators encouraging hefty fines for security breaches paid directly to card holders. Visa and MasterCard and the card processor...
by jaytheman
Fri Mar 30, 2012 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Tilting Towards VTSMX
Replies: 5
Views: 606

Re: Tilting Towards VTSMX

Please see this wiki page. Don't know how I missed that page. Thanks! jhuang, Good input from centrifuge. It is worth nothing, though, that Morningstar "style boxes" are: (1) Dependent on the valuation criteria used by Morningstar to classify a Small/Mid/Large company and corresponding Value/Blend/...
by jaytheman
Fri Mar 30, 2012 1:46 pm
Forum: Investing - Theory, News & General
Topic: What should I do when I win the $500M lottery?
Replies: 68
Views: 6227

Re: What should I do when I win the $500M lottery?

Lump sum. 1/3 to myself/wife, 1/3 relatives, 1/3 to charities. Hire two professionals to get it done, compare proposals selecting one. Bogleheads with more than 1K posts get the nod re. financial execution.
by jaytheman
Fri Mar 30, 2012 1:28 pm
Forum: Personal Consumer Issues
Topic: Reccomend things to do in New Mexico
Replies: 22
Views: 1770

Re: Reccomend things to do in New Mexico

Eat Mexican Food. I love the food that I got in New Mexico. I am from California and I appreciate the variations on the cooking there. I was in Alberquerque and loved it as a destination.
by jaytheman
Fri Mar 30, 2012 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: 24yo could use some guidance
Replies: 14
Views: 2622

Re: 24yo could use some guidance

Hi Jay, If you recommend going with the Vanguard ETFs over iShares ETFs, which for Fidelity users do not have transaction fees, would you recommend just moving the Roth IRA over to Vanguard? I am a big Vanguard fan but I would not move an existing account Fidelity account (they are good also) with ...
by jaytheman
Fri Mar 30, 2012 11:59 am
Forum: Investing - Theory, News & General
Topic: How you got to be a Boglehead, with a twist
Replies: 42
Views: 3696

Re: How you got to be a Boglehead, with a twist

Most definitely I went through the "Dark Side". (1) For more years than I care to think I just saved in my 401K did not know much about balancing, ERs as like others you can make more in equities than bonds so who wants them etc. (2) The 401K funds were absolute dogs but they all sounded nice. Who w...
by jaytheman
Fri Mar 30, 2012 11:05 am
Forum: Investing - Help with Personal Investments
Topic: 24yo could use some guidance
Replies: 14
Views: 2622

Re: 24yo could use some guidance

I would stick to 3 or 4 low cost funds. Re. the Roth you could also use any of the Vanguard ETFs. I suspect that you would only contribute once or twice a year so the brokerage fee should not bother you too much. Would the Vanguard ETF like VIT be there to pick up more of the international that you ...
by jaytheman
Fri Mar 30, 2012 10:56 am
Forum: Personal Consumer Issues
Topic: Fidelity password security policies
Replies: 39
Views: 9568

Re: Fidelity password security policies

I have given up on Fidelity when it comes to security. I have to think that it is not a priority. My raging battle is over sending emails with url links in them. It's too bad because I have found the rest of their support to be very good.
by jaytheman
Thu Mar 29, 2012 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Part Time CFPs?
Replies: 8
Views: 1890

Re: Part Time CFPs?

I don't know anything about this but I admire your interest. I found this link: http://www.cfp.net/become/work.asp

I would think that you could gain experience through volunteer credit consulting and this might also be personally rewarding.
by jaytheman
Wed Mar 28, 2012 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Caution Treasury Direct Lockout
Replies: 101
Views: 9880

Re: Caution Treasury Direct Lockout

MariaT wrote:
If anyone has any suggestions ...
Maria

Here is the webpage for you to contact them. I would fill out the request and wait. They have always responded to me after a delay of a few business days.

https://www.treasurydirect.gov/WF/WebFe ... =tdlogprob

Jay
by jaytheman
Wed Mar 28, 2012 12:13 pm
Forum: Personal Consumer Issues
Topic: Will Bogleheads buy a Megamillions ticket this week?
Replies: 112
Views: 9093

Re: Will Bogleheads buy a Megamillions ticket this week?

Yes. $1 is a small price to pay for 3 days of daydreaming about how to blow hundreds of millions of dollars. My thinking also. I am not as optimistic as you. I only think for a brief moment that I have a chance of winning. The amount of time for me (not your 3 days) is from the time I give the cler...
by jaytheman
Wed Mar 28, 2012 10:27 am
Forum: Personal Consumer Issues
Topic: Boglehead-ish Companies/brands
Replies: 51
Views: 4005

Re: Boglehead-ish Companies/brands

Patagonia Outerwear Clothing. High value, lasts and lasts.
by jaytheman
Mon Mar 26, 2012 3:34 pm
Forum: Investing - Theory, News & General
Topic: QE3 Poll
Replies: 9
Views: 813

Re: QE3 Poll

I think once QE3 is announced, it would be too late. Stay the course.
by jaytheman
Fri Mar 23, 2012 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: To Roth or not to Roth: What am I missing?
Replies: 7
Views: 1258

Re: To Roth or not to Roth: What am I missing?

"On estates large enough to be subject to estate taxes, a Roth IRA can reduce estate taxes since tax dollars have already been subtracted. A traditional IRA is valued at the pre-tax level for estate tax purposes."

This might be a factor for some.
by jaytheman
Thu Mar 22, 2012 5:17 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads 2012 hedge fund contest
Replies: 81
Views: 11381

Re: Bogleheads 2012 hedge fund contest

WAG Fund

Long Positions : LO, NGS (Lorrillard, Inc. and Natural Gas Services)
Short Positions: SHO, RT (Sunstone Hotel Reservations, Ruby Tuesday)

Can't go wrong with names like these!
by jaytheman
Thu Mar 22, 2012 4:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Money Market Funds
Replies: 28
Views: 5235

Re: Vanguard Money Market Funds

The yield on the Vanguard Prime Money Market Fund is .03% with an expense ratio of .20%. Your post reminded me that I recently reviewed the prospectus for my Fidelity MM Fund inside my 401K (FRTXX) and it listed expenses of 0.42%. This was for a return of 0.02% for 2010. Seemed very high to me but ...
by jaytheman
Thu Mar 22, 2012 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: VGPMX 3.68% Decline
Replies: 16
Views: 3484

Re: VGPMX 3.68% Decline

Didn't they have a 61 cent distribution?
http://messages.finance.yahoo.com/Mutua ... of=1&frt=2
by jaytheman
Wed Mar 21, 2012 5:51 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard listed as an executive pay enabler?
Replies: 92
Views: 7838

Re: Why is Vanguard listed as an executive pay enabler?

I read through all the posts here. I would like to see Vanguard or anyone have an indexed fund that only included companies in the S&P 500 meeting certain executive pay guidelines. e.g. pay less than x times average worker pay, pay weighted somewhat to capitalization. We can vote with our money and ...
by jaytheman
Tue Mar 20, 2012 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to Purchase Home. Am I reasonable or just plain cheap
Replies: 44
Views: 3905

Re: Trying to Purchase Home. Am I reasonable or just plain c

Listen to your wife on this one. Of course, I come from California and we tend to spend more of our income on housing here. I believe that you can handle more.
by jaytheman
Mon Mar 19, 2012 4:07 pm
Forum: Personal Consumer Issues
Topic: harassing calls from fraudulent "credit card services"
Replies: 53
Views: 4795

Re: harassing calls from fraudulent "credit card services"

Go check you credit scores. If someone has stolen your identity, it would be natural for the credit collectors to harass you.
by jaytheman
Mon Mar 19, 2012 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Apple Stock
Replies: 54
Views: 5523

Re: Apple Stock

I would take a bunch of this off the table. The fact that you had to ask tells me this is the right plan for you.
by jaytheman
Mon Mar 19, 2012 1:13 pm
Forum: Investing - Theory, News & General
Topic: Should I glide from 70/30 to 50/50 ?
Replies: 34
Views: 3691

Re: Should I glide from 70/30 to 50/50 ?

If I were 40 years old again, I would probably be 40 fixed/60 equities. I expect that I could have carried this right into retirement. Because I was more like 25f/75e, I am now near retirement and carrying 50/50 because I took too much risk during the runup to retirement. I never let risk bother me ...
by jaytheman
Mon Mar 19, 2012 12:56 pm
Forum: Investing - Theory, News & General
Topic: "Should Asset Allocation Change Over Time?"
Replies: 2
Views: 732

Re: "Should Asset Allocation Change Over Time?"

I think that they miss a very important factor in their analysis. Younger investors are in the accumulation phase so a big hit in the value of the equities means that as they also continue to accumulate they are continuing with DCA (Dollar Cost Averaging) also being a factor in the outcomes.
by jaytheman
Mon Mar 19, 2012 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Family issues - finance related
Replies: 12
Views: 2040

Re: Family issues - finance related

Meet with your mother and discuss with her. I have seen more than one family torn apart when a sibling lives off of mom, the mom dies and the estate causes problems among the family.