Search found 6916 matches

by stan1
Tue Jun 18, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 92
Views: 6516

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

I'm about 1/3 international equities and 2/3 domestic. What would it take for me to go to market weight? Most importantly would be a big change in US government fiscal and monetary policies that have been favorable to US based businesses for decades. Why am I not 100% domestic? Because everything ar...
by stan1
Tue Jun 18, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Credit Card - Binding arbitration opt-out?
Replies: 36
Views: 2722

Re: Chase Credit Card - Binding arbitration opt-out?

I'm going to gamble that I get more in cash back than I would in any potential future class action settlement.
by stan1
Tue Jun 18, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 22
Views: 1863

Re: Waiting to prepay mortgage until you can pay the whole thing off?

It is possible to do some of both. You can pay 1 or 2 extra payments per year and also save in a taxable account which gives you liquidity. At some point we decided just to go ahead and pay off the mortgage when the balance was less than 20% of our taxable account balance. I'm glad we built a taxabl...
by stan1
Tue Jun 18, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 92
Views: 6516

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

At the level of each individuals choices age and asset allocation also matters. - If you are 75 with a 30% equity and 70% bond portfolio -- fine go all US. - If you are 25 put your money into education and getting pay raises so you can save more later. - If you have a six figure pension or $10M do ...
by stan1
Tue Jun 18, 2019 9:34 am
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 92
Views: 6516

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

At the level of each individuals choices age and asset allocation also matters. - If you are 75 with a 30% equity and 70% bond portfolio -- fine go all US. - If you are 25 put your money into education and getting pay raises so you can save more later. - If you have a six figure pension or $10M do w...
by stan1
Tue Jun 18, 2019 7:31 am
Forum: Personal Investments
Topic: How Much in Muni Funds?
Replies: 3
Views: 352

Re: How Much in Muni Funds?

It's really your own personal assessment. If you are not comfortable with a large percentage of your portfolio in municipal bonds you should do something different. You might consider in your taxable account: 1/3 State specific muni bond fund in a higher tax state (exempt from federal and state tax)...
by stan1
Mon Jun 17, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 66
Views: 2896

Re: How to avoid high vet bills?

livesoft wrote:
Mon Jun 17, 2019 10:40 am
Vets in wealthy ZIP codes charge more. Just picking a vet in a less well-off ZIP code may reduce the prices quite a bit. Same goes for orthodontists.
This is a real thing. Drive an hour out into a rural area and see what the prices are there.
by stan1
Mon Jun 17, 2019 6:59 am
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2341

Re: Convert my VG mutual funds to ETFs to save basis points?

Seems like a lot of trouble for a small savings. I'd leave well enough alone. It seems that way to me too. I agree. Going to this much trouble to maybe save a few dollars does not make sense to me. And it is entirely possible that the mutual fund costs will come down as well. The ETF expense ratio ...
by stan1
Mon Jun 17, 2019 6:41 am
Forum: Personal Investments
Topic: What do you think about Vanguard Growth Index Fund for a 22-year-old?
Replies: 36
Views: 2925

Re: What do you think about Vanguard Growth Index Fund for a 22-year-old?

No, I would not put $1.9M for a 22 year old solely into Total Stock Market and Vanguard Index 500. I would put at least $200-400K into a national muni bond fund (state specific if he's in CA or NY). Also I'd have another $400K in a Total International. IF he's not working now, I would doubt his tax...
by stan1
Sun Jun 16, 2019 7:53 pm
Forum: Investing - Theory, News & General
Topic: Tax Rate at which to use municipal money market vs Prime or Federal
Replies: 5
Views: 460

Re: Tax Rate at which to use municipal money market vs Prime or Federal

What is your state tax rate? I'm sticking with Treasury Money Market Fund which is not taxed by state. It has a $50K initial minimum (but you can pull money out after opening it).
by stan1
Sun Jun 16, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 105
Views: 6732

Re: Why do large personal portfolios include bonds?

There's also the competitive way of looking at it. If you are a football coach winning a game 49-0 at the start of the fourth quarter do you keep your best players in the game with the chance they get injured or do you put in some 2nd or 3rd string players? There are some people who want to maximize...
by stan1
Sun Jun 16, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Alternative to US Postal (USPS) for Mail Delivery of Checks
Replies: 7
Views: 466

Re: Alternative to US Postal (USPS) for Mail Delivery of Checks

Seems like a problem of real vs.perceived risks. Maybe the real risk of electronic payment fraud is actually much less than paper mail misdelivery when there is a human in the loop placing mail into a mailbox or PO box. Mechanical sorting systems can also result in a piece of mail going into the wro...
by stan1
Sun Jun 16, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 105
Views: 6732

Re: Why do large personal portfolios include bonds?

Put another way the hypothetical person has decided to invest for their heirs.
by stan1
Sat Jun 15, 2019 9:08 pm
Forum: Personal Investments
Topic: ETF Tax Efficiency - Should I switch?
Replies: 5
Views: 614

Re: ETF Tax Efficiency - Should I switch?

I would be annoyed by a total market, large cap dominated index fund that threw off even small amounts of capital gains distributions every year and would dump it out of principle even if I owed a little tax. Not a lot of tax, though. I definitely wouldn't buy more of it.
by stan1
Sat Jun 15, 2019 8:46 pm
Forum: Personal Investments
Topic: What do you think about Vanguard Growth Index Fund for a 22-year-old?
Replies: 36
Views: 2925

Re: What do you think about Vanguard Growth Index Fund for a 22-year-old?

No, I would not put $1.9M for a 22 year old solely into Total Stock Market and Vanguard Index 500. I would put at least $200-400K into a national muni bond fund (state specific if he's in CA or NY). Also I'd have another $400K in a Total International. When does he expect to buy a house? I would not...
by stan1
Sat Jun 15, 2019 2:43 pm
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2341

Re: Convert my VG mutual funds to ETFs to save basis points?

tiernado, you've successfully cut through the noise on ETF vs mutual fund shares. If you would save $450 plus per year yes I would switch to ETF share classes. In the taxable account the biggest thing you have to watch is accurate cost basis. Vanguard makes mistakes on cost basis calculations. You'd...
by stan1
Sat Jun 15, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Data Privacy and Security
Replies: 4
Views: 386

Re: Quicken Data Privacy and Security

I run Quicken on a Windows 10 PC that auto patches. Quicken file is in a folder synched to Dropbox. I believe this is an acceptable level of risk for me and most people who would not be targeted by organized crime or a foreign government. If I was high profile (politician, cybersecurity executive or...
by stan1
Sat Jun 15, 2019 1:44 pm
Forum: Personal Investments
Topic: Paradox of CCRC Funding!
Replies: 11
Views: 1426

Re: Paradox of CCRC Funding!

I'd think about it carefully. In my area you are young to enter a community like this. By about 10 years. Maybe things are different in other locations. Other residents would be mostly 10-20 years older. What's the alternative? Pay as you go. It gives you a lot more flexibility first and foremost. S...
by stan1
Sat Jun 15, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: Should I rent a car in Croatia? And other recommendations?
Replies: 11
Views: 816

Re: Should I rent a car in Croatia? And other recommendations?

DW and I are going to Dubrovnic in September for about 10 days on a vacation. One of the friends said that Split is just a port town and I am better off staying in Dubrovnic and doing day trips. I wonder if we can rent a car and make day trips to Serbia, Montenegro etc. If we rent a car, is it easy...
by stan1
Sat Jun 15, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: At what net worth/ income level would you put your kids in private school?
Replies: 23
Views: 1375

Re: At what net worth/ income level would you put your kids in private school?

At what net worth/ income level would you put your kids in private over public school? Do what's right for your kids. High income households probably have more options. Will an average student benefit from an elite private school? Maybe not if he doesn't keep up with his peers or feels like a failu...
by stan1
Sat Jun 15, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Also, I will always consult realtor, but its been well established from my experience that realtor and sellers interest don't align perfectly. The agent's interest is to sell the house quickly at a market price. If that's not your interest you are going to be in for more challenges. I wish you the ...
by stan1
Sat Jun 15, 2019 9:28 am
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 20
Views: 1050

Re: [ETF vs. Mutual Fund questions]

Looking, you have been posting on this forum for many years about changes you are thinking about making to your portfolio. I would not make more changes.
by stan1
Sat Jun 15, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Listing it "as is" means nothing unless the buyer agrees to an inspection waiver. In some states a buyer is even legally entitled to an inspection. In your situation would a buyer agree to an inspection waiver? I don't know. It is common in the San Francisco Bay Area but fortunately that has not cau...
by stan1
Fri Jun 14, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard ETF Marketing
Replies: 17
Views: 1018

Re: Vanguard ETF Marketing

One of many articles on the stratospheric trading volume of ETFs: https://www.ft.com/content/f406d50c-bbcf-11e6-8b45-b8b81dd5d080 I can't get past the pay wall but the people day trading ETFs would not be owning mutual funds in the first place. What are you looking for? A grass roots campaign to pu...
by stan1
Thu Jun 13, 2019 8:01 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 8297

Re: The Case Against ETFs

I'm just glad we aren't debating "S&P 500 is international" vs Total World today.
by stan1
Thu Jun 13, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

I agree you are being bullied. Sorry you got into this situation.

Odds are high the next buyer will be easier to work with and less likely to sue you after close of escrow if additional problems show up that he claims you should have known about but didn't disclose.
by stan1
Thu Jun 13, 2019 7:29 am
Forum: Investing - Theory, News & General
Topic: Here's my portfolio
Replies: 57
Views: 6924

Re: Here's my portfolio

The current actual holdings looks like this: 21.8% SPDR® S&P 600 Small Cap Value ETF (SLYV) 15.6% Vanguard U.S. Multifactor ETF Shares (VFMF) 12.3% Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) 11.1% iShares Core MSCI Emerging Markets ETF (IEMG) 10.5% Individual Stocks 8.6% Vanguard Ext...
by stan1
Thu Jun 13, 2019 6:54 am
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 18
Views: 2053

Re: Opening a Robinhood account for fun - Is it worth it?

I wouldn't establish a Robinhood account unless I was comfortable doing my own taxes with TurboTax or other tax software (or manually if you prefer). There are lots of tax issues that come up, and it doesn't matter if it's a $10 trade or a $1Million trade the tax treatment has to be properly handle...
by stan1
Thu Jun 13, 2019 6:40 am
Forum: Personal Investments
Topic: Donor Advised Fund - what to contribute
Replies: 18
Views: 1114

Re: Donor Advised Fund - what to contribute

I plan to move $160K into a DAF this year. I am in a high tax bracket for 2019. I'll be in the 22% bracket until 2024. Then from 2024 will only live off LTCG at zero %. Symbol______ER_______Balance______STG________LTG CMNIX______1.00%______$19,186_______$44______$827 MIPIX_______0.91%______$19,661_...
by stan1
Wed Jun 12, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Big (expensive) remodel in LA -- advice and tips?
Replies: 12
Views: 1283

Re: Big (expensive) remodel in LA -- advice and tips?

$400/sqft seems excessive even for West LA. I looked into a complete rebuild in the LA suburbs; specially San Gabriel Valley and it's around 150-200 sqft. I know West LA is more expensive but I think you can probably find a lower bid. You can find a lower bid but you might still end up paying close...
by stan1
Tue Jun 11, 2019 8:47 pm
Forum: Personal Investments
Topic: Is VUSXX Tax Exempt?
Replies: 2
Views: 296

Re: Is VUSXX Tax Exempt?

States cannot tax US government obligation interest. You still owe federal tax.
by stan1
Tue Jun 11, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison
Replies: 7
Views: 704

Re: Cost of living comparison

Since it sounds like you might want to present this to your employer I'd go to the Bureau of Labor Statistics website and try to use their data if you can (and if it supports your hypothesis of course). Gives you a little more credibility than a .com site.
by stan1
Tue Jun 11, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: Pairing Sherwin Williams "Accessible Beige"
Replies: 16
Views: 931

Re: Pairing Sherwin Williams "Accessible Beige"

I would definitely NOT use the lighter color on the paint chip (Aesthetic White in this case). It will blend too much into the wall color and will look like the same color. I also would not cut Aesthetic White by 50% for the same reason. I would want more contrast. Checking my notes If you think Cei...
by stan1
Tue Jun 11, 2019 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5258

Re: Job opportunity - KSA/Bahrain

How much time have you and your wife spent in the Middle East?

I'm also not clear on what it means to have an opportunity to start your own company. Would you be a consultant to someone at a firm or client you already know? Just read it is a JV so your partners have existing relationships?
by stan1
Tue Jun 11, 2019 6:33 am
Forum: Personal Investments
Topic: bizarre letter from Vanguard
Replies: 17
Views: 4078

Re: bizarre letter from Vanguard

I got a bizarre letter from Vanguard saying my account balance was below $50,000 and if I didn't increase it, I would lose Voyager services. My balance is well above that and has been for like forever. They only count money in Vanguard mutual funds and ETFs towards "status". Does that apply to you?...
by stan1
Mon Jun 10, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in Nova/DC area?
Replies: 23
Views: 2056

Re: Should I buy a house in Nova/DC area?

There are plenty of people who work for military, law enforcement, state department, IMF, World Bank, etc. who have set up a home base in the DC suburbs. They live in their home when they are assigned to DC and rent it out, sometimes to co-workers, when they are assigned overseas or in the field. I ...
by stan1
Sun Jun 09, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to donate to a non profit organization anonymously?
Replies: 22
Views: 1705

Re: How to donate to a non profit organization anonymously?

Donor advised funds are good for anonymous donations. Best case is you'd also have some appreciated securities you'd like to donate as well.
by stan1
Sun Jun 09, 2019 9:26 pm
Forum: Personal Investments
Topic: Roth 401k vs. (Traditional 401k+Taxable account)
Replies: 13
Views: 1145

Re: Roth 401k vs. (Traditional 401k+Taxable account)

I decided to do an asset location diversification strategy. In my early 50s I was on track to have 50% of my assets in Traditional accounts, 35% in Taxable, and 15% in Roths. I decided to switch to Roth contributions to bump up the percentage in the Roth accounts. One can do all sorts of calculation...
by stan1
Sun Jun 09, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Best option paying for new house
Replies: 9
Views: 1110

Re: Best option paying for new house

I don't see the point for keeping the current house given what your financial situation appears to be. List it at a competitive price, maybe at a price that will get you multiple offers to bring it up to market, and move on. There's a cost to carry an empty house: property tax, insurance, maintenanc...
by stan1
Sun Jun 09, 2019 6:59 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 17614

Re: VTSAX or VTWAX over the next 35 years?

My personal view is that no one can convince the other wrt this topic since it is inherently political. You just can't convince the opposition no matter what data you throw at each other - it's more of an ideology conflict . I think many of us have had this observation. The forum doesn't allow poli...
by stan1
Sun Jun 09, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance immediately after new home purchase?
Replies: 24
Views: 1969

Re: Refinance immediately after new home purchase?

Where exactly are you monitoring rates? I'm wondering now if Quicken Loans is the right place for me to be looking. I am also monitoring rates after closing 4 months ago. Did you use a mortgage broker when you bought your house? Call that person. Mortgage brokers are fine with refis (that's how the...
by stan1
Sun Jun 09, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance immediately after new home purchase?
Replies: 24
Views: 1969

Re: Refinance immediately after new home purchase?

Where exactly are you monitoring rates? I'm wondering now if Quicken Loans is the right place for me to be looking. I am also monitoring rates after closing 4 months ago. Did you use a mortgage broker when you bought your house? Call that person. Mortgage brokers are fine with refis (that's how the...
by stan1
Sun Jun 09, 2019 9:34 am
Forum: Personal Investments
Topic: Quicken or Mint?
Replies: 9
Views: 724

Re: Quicken or Mint?

What are the connection/updating issues you are experiencing? Quicken does work so maybe you are missing something. It is true banks report posted transactions not pending transactions through the Quicken interface.
by stan1
Sun Jun 09, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Am I ready to retire?
Replies: 7
Views: 1231

Re: Am I ready to retire?

Of course. Someone with $3.5M can retire.

Standard caveats:
How will you get health insurance until age 65?
I would look at your expense estimates in more detail. You'll be a lot more comfortable if the annual expenses down under $100K. You'd have to understand where the money is going.
by stan1
Sat Jun 08, 2019 9:51 pm
Forum: Personal Investments
Topic: Suitability of multifactor in taxable
Replies: 12
Views: 677

Re: Suitability of multifactor in taxable

Both VFMF and VFVA had 100% QDI last year. I'm a holder and also hold S&P600V. Neither multifactor, Value Factor, or SCV has done well recently. You have to be willing to rid potential underperformance from time to time. I set VFMF and VFVA a my tax loss harvest partners. I actualy started using th...
by stan1
Sat Jun 08, 2019 9:40 pm
Forum: Personal Investments
Topic: Suitability of multifactor in taxable
Replies: 12
Views: 677

Re: Suitability of multifactor in taxable

ISCF is extremely tax efficient. :greedy You are right, Interestingly enough the qualified dividends right now on ISCF (89.37%) are a lot better than Vanguard Total International VXUS (74.58%). Hard to know what it will be like in 5 or 10 years though. Factor ETFs are also susceptible to changes in...
by stan1
Sat Jun 08, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 74
Views: 11982

Re: Insights from Vanguard

Could someone please explain this in more detail? It seems to me that a LifeStrategy Fund provides the benefit of automatic rebalancing. Someone who has already retired and has no earned income doesn’t have access to tax-deferred accounts, so taxable accounts are the only option for investing in Li...
by stan1
Sat Jun 08, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 304
Views: 49121

Re: Improving the TSP [for current participants]

There is an issue concerning reimbursement if someone steals your login credentials. The TSP and FederalDirect have always had the position that the participant is responsible for losses in this circumstance. I think it is more than a position. They don't have the legal authority to do anything els...
by stan1
Sat Jun 08, 2019 8:33 am
Forum: Personal Investments
Topic: Help with Mom's Portfolio
Replies: 9
Views: 1206

Re: Help with Mom's Portfolio

With a $460k valance, it appears she is set at least for another 9 years assuming annual $50k expenses. No need to go conservative. If anything, I would suggest her entire IRA be invested in FSKAX (Total stock market fund) or FXAIX (S&P 500 fund) at Fidelity. She may need all market growth she can ...
by stan1
Sat Jun 08, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Refinance immediately after new home purchase?
Replies: 24
Views: 1969

Re: Refinance immediately after new home purchase?

Sorry but I am ignorant here and what you just said went over my head. Are you saying they advertise a rate and then give you a different one when you call in? I’m pretty sure the rates QL quotes are including points, you have to read their small print. I wouldn't word it that way. There are a lot ...