Search found 3598 matches

by Tramper Al
Fri Dec 15, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with T. Rowe Price funds
Replies: 18
Views: 2450

Re: What to do with T. Rowe Price funds

What I have done in this situation (years ago) is make a little spreadsheet. For each year starting now, compute the after tax value of your current position (column 1) vs. what the appropriate index fund position (column 2) would be after selling the mutual fund and paying the CG tax. Give them bot...
by Tramper Al
Fri Dec 15, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I asked about Silver bullion coins. They had the price printed. Spot+$3.00 for Silver American Eagle. He said Spot Price was $16, so $19 total. I asked about Sales Tax. 7.75% for less than $1,500. He also guy said that they bought back at Spot+$1.50. So only a $1.50 spread. Now, I would consider a ...
by Tramper Al
Thu Dec 14, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

OK, I just read an article that says that SPY might go ex-dividend tomorrow. If that happens, I'll let you guys know next week whether I considered it a buy or sell signal today.
by Tramper Al
Thu Dec 14, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I have never bought a dozen 100 oz bars at the same time maybe up to 30 - 10 oz bars of silver though. Over many years I have seen the buy /sell spread (same vendor / same time) vary between 4 and 8% dependent upon the metal being bought and the time of the purchase. As far as pretty minted coins a...
by Tramper Al
Thu Dec 14, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I have not seen the shipping or carry costs that you mention - perhaps look up the spreads on Silver Palladium gold at a few places like JMbullion. If you already have safe deposit boxes or other secure storage a dozen 100 oz bars of silver take up very little space - palladium much less than silve...
by Tramper Al
Thu Dec 14, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

This is gambling. It is compulsive and thrill seeking behavior. It is not investing. Until you are willing to accept this nobody here can help you. This is true. The problem is I was a math major so can prove why one should avoid casinos, but this S&P bet seemed certain to have a positive expected ...
by Tramper Al
Thu Dec 14, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I have not seen the shipping or carry costs that you mention - perhaps look up the spreads on Silver Palladium gold at a few places like JMbullion. If you already have safe deposit boxes or other secure storage a dozen 100 oz bars of silver take up very little space - palladium much less than silve...
by Tramper Al
Thu Dec 14, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I have not seen the shipping or carry costs that you mention - perhaps look up the spreads on Silver Palladium gold at a few places like JMbullion. If you already have safe deposit boxes or other secure storage a dozen 100 oz bars of silver take up very little space - palladium much less than silve...
by Tramper Al
Thu Dec 14, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

I have not seen the shipping or carry costs that you mention - perhaps look up the spreads on Silver Palladium gold at a few places like JMbullion. If you already have safe deposit boxes or other secure storage a dozen 100 oz bars of silver take up very little space - palladium much less than silve...
by Tramper Al
Thu Dec 14, 2017 2:00 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 21194

Re: Buying Real Silver and Gold (Not Bitcoin)

The behavior of gold as an asset within a wider more traditional portfolio is interesting, and need have nothing at all to do with journeys in fantasy books or doomsday scenarios generally. It also wouldn't be the first asset used in portfolios that "just sits there", particularly when considered in...
by Tramper Al
Thu Dec 14, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

I don’t get the question. You've been posting a lot, what did you read here that lead you to believe that anyone might describe investing on margin as a Boglehead activity? Now to single anyone out, but I do find it tiresome to read about how superior (and inflexible) is the singular Boglehead appr...
by Tramper Al
Wed Dec 13, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Is calling out a troll against the rules? Hey now, I have strong BH tendencies. Followed IPS for 20 years, something like 90%+ in the lowest cost index funds and ETFs available, The most controversial things I do (other than carry a debt that most people would call a mortgage) is I made my own timb...
by Tramper Al
Wed Dec 13, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Wow 1.5%? Fidelity charges like 7% margin interest Yes, I abandoned Fidelity as a margin lender some years ago. I'm paying 2.25% now, so have held on to my higher paying (older) iBonds for now. I''ll fine with closing out the loan, but I find it hard to justify paying cap gains taxes when salary ch...
by Tramper Al
Wed Dec 13, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7691

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Do you disciplined folks have margin accounts, or do you refuse that feature on purpose to avoid temptation? I shouldn't have gotten one. Should have done cash only. I bought the S&P 500 on margin, back in 1994 or so, and have carried a margin debt ever since. A couple of times I have taken a mortg...
by Tramper Al
Tue Dec 05, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation across accounts: Twist?
Replies: 23
Views: 1972

Re: Asset allocation across accounts: Twist?

Now the question, do you account for taxes at all in the relative valuation of your taxable and tax-favored locations? That is to say, if you are systematically locating one asset (stocks) in taxable and another (bonds) in tax-favored, is your AA really what you think it is? This is the reason I ha...
by Tramper Al
Tue Dec 05, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 8009

Re: Vanguard customer service reps need some training

Finally had to call Vanguard recently - I also try never to do this. Brutal. I clicked to open a brokerage window in a workplace retirement account that otherwise is limited to like 4 funds. Sold some shares out of the only fund I can use (due to AA) for use in the VBO and now it sits in cash. Suppo...
by Tramper Al
Tue Dec 05, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Does this constitute a wash sale, and is Vanguard's cost basis accounting correct?
Replies: 20
Views: 1495

Re: Does this constitute a wash sale, and is Vanguard's cost basis accounting correct?

Is there not an issue too involving the short term holding of a muni bond fund sold for loss and the tax-free nature of its distributions?
by Tramper Al
Tue Dec 05, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation across accounts: Twist?
Replies: 23
Views: 1972

Re: Asset allocation across accounts: Twist?

It is all really just mental accounting, unless you do plan to use substantial funds in one location (taxable) before they are even accessible in another (IRA). But as others have said, that's a separate issue. And it's clearly very inefficient to duplicate portfolios everywhere or otherwise flip yo...
by Tramper Al
Tue Dec 05, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: REIT Index -- Vanguard vs Fidelity?
Replies: 9
Views: 1844

Re: REIT Index -- Vanguard vs Fidelity?

Nothing wrong with the Fidelity fund, we use it in captive 403bs and 457bs, and depending on the particular workplace account one might not have access to the Vanguard ETF or admiral share class. My bias is that I should avoid transaction fees and unnecessarily higher expense ratios. If you stick wi...
by Tramper Al
Tue Dec 05, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Smooth Glide Paths with Logistic Functions
Replies: 5
Views: 500

Re: Smooth Glide Paths with Logistic Functions

I use what I consider symmetry on the multiplicative scale for rebalancing bands, for example a 20% loss mirrors a 25% gain. This can also be considered a logarithmic scale. A decade or two ago, I set up my AA to adjust linearly by 1% (decrease equities, increase fixed income) per year, in line with...
by Tramper Al
Mon Nov 20, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 28
Views: 2379

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

When I make a partial transfer of mutual fund shares between say Wells Fargo and Vanguard, there is a rule followed (in this case FIFO) to determine the (covered) cost basis of the shares transferred is (under specific ID). So it's actually a way to isolate shares of a given type/date. Since some br...
by Tramper Al
Mon Nov 20, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Where, then? [to discuss investing strategies under proposed legislation]
Replies: 3
Views: 715

Where, then? [to discuss investing strategies under proposed legislation]

Can anyone suggest a forum where one can discuss investment strategies under proposed legislation? Sometimes it's helpful to plan ahead, I think.
by Tramper Al
Thu Nov 02, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 289
Views: 52274

Re: Excel Macro using Yahoo Finance- not working

I'm looking for suggestions on how to continue to download a .csv from somewhere that contains symbol & closing price. So far I have not found anything very easy to use. I'm now even wondering about setting up a dummy portfolio with 1 share of each of the 35 quotes I want to track. Can someone poin...
by Tramper Al
Thu Nov 02, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 289
Views: 52274

Re: Excel Macro using Yahoo Finance- not working

I used Excel and the Yahoo add-on (and then later the macro) for many years for my AA spreadsheet which includes tax-adjustment and cost basis tracking, among other things. But it was painful at times, like when Yahoo Finance went on holiday, or stopped "supporting" one thing or another. More than o...
by Tramper Al
Thu Jul 20, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Complex (profitable?) Roth Conversion Strategy
Replies: 23
Views: 2523

Re: Complex (profitable?) Roth Conversion Strategy

The more disparately returning but volatile asset classes you have in your AA, the more opportunities you will have to keep the winners, turn back the clock on the losers in this sort of Roth conversion approach. Have been doing it since first allowed in 2010. By simply selling X in one location and...
by Tramper Al
Sun Jul 16, 2017 6:49 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 209
Views: 33169

Re: My Favorite Alternative Funds

This is a very valuable thread topic, but I am surprised by a couple of key omissions. 1) Expenses. They matter in this universe too. 2) VMNFX. I saw just a couple of mentions in passing, but Vanguard's own low cost retail hedge fund did not make the top 5 summary list? Yes, at one point I bought th...
by Tramper Al
Tue Jun 27, 2017 6:07 pm
Forum: Investing - Theory, News & General
Topic: VGK, VPL, VWO, & VSS vs VXUS?
Replies: 11
Views: 2324

Re: VGK, VPL, VWO, & VSS vs VXUS?

My AA and its monitoring spreadsheet is STILL set up this way, so I separately track developed Europe, Pacific, Int'l Small, and so on. I have an EM allocation equal to developed, and split that into 4 regions + small also. I was looking for a potential reblancing bonus, and also wished to avoid rid...
by Tramper Al
Mon May 08, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Anyone still able to pull in TIAA Real Estate Quote?
Replies: 4
Views: 690

Re: Anyone still able to pull in TIAA Real Estate Quote?

Great, thank you. I will try this alternative.
by Tramper Al
Mon May 08, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Anyone still able to pull in TIAA Real Estate Quote?
Replies: 4
Views: 690

Anyone still able to pull in TIAA Real Estate Quote?

Hi, For the past year or so, I have been using a short script (picked up here on Bogleheads, thank you) to pull the daily closing quote of TIAA Real Estate into my Google Doc spreadsheet of assets / allocations. The ticker is QREARX and the script works via Yahoo (which I suspect is the problem). It...
by Tramper Al
Fri Sep 30, 2016 9:47 am
Forum: Investing - Help with Personal Investments
Topic: List of brokerage firms with commission free trades
Replies: 14
Views: 1638

Re: List of brokerage firms with commission free trades

This is helpful, thank you. It's often a challenge to remember (or find) rules like the 30-day Fidelity issue when you have several accounts with several firms. And you rebalance to excess! For Vanguard ETFs in a Vanguard account, are their any restrictions or limitations on timing that would result...
by Tramper Al
Thu Aug 25, 2016 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Changes to Ohio 529 Plan
Replies: 2
Views: 513

Re: Changes to Ohio 529 Plan

I just received that email too. One of the best features about the Ohio 529, along with low cost, is that you can construct our own portfolio, from US equity, international, ST TIPS, bank CDs, MMF, etc. That's all that I have ever done at Ohio's 529. So I don't think there is any reason to feel comp...
by Tramper Al
Mon Jul 25, 2016 1:41 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 14304

Re: Reliving the Nightmare of the Crisis

I don't know if I could find the thread, but I recall that sometime in late 2008 or early 2009 a Boglehead author really capitulated, and suddenly was on to Plan B - which no one had ever mentioned before. Not my favorite, but certainly the most shocking and memorable. Those were tough times, and tr...
by Tramper Al
Mon Jul 25, 2016 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 3405

Re: convert mutual fund to index fund

I think I will just stick with Merrill Edge due to simplicity of transferring. I understand this thinking, but don't be surprised if Merrill Lynch Advisors treats you much the same way on exit (dragging their feet, lost your paperwork, closure fees, etc.) to Merrill Edge as it would to anywhere els...
by Tramper Al
Tue Jul 12, 2016 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 289
Views: 50490

Re: [Fidelity drops AmEx, Bank of America credit cards]

I received and activated both Elan cards through the automated phone thing. Do the FIA cards cancel themselves at some point, or do they stay active/open?
by Tramper Al
Tue Jul 05, 2016 7:14 am
Forum: Investing - Theory, News & General
Topic: More code for getting TREA quote into Google Sheets
Replies: 8
Views: 1779

Re: More code for getting TREA quote into Google Sheets

Hi, I have been using the above code (thank you!) with success for some time - until this morning. =Index(ImportHtml("http://finance.yahoo.com/q?s=QREARX", "table",2), 1,2) Going directly to Yahoo Finance, I can still get a quote for QREARX, but not through the code / onto the Google sheet. If I cha...
by Tramper Al
Mon Jun 06, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 289
Views: 50490

Re: [Fidelity drops AmEx, Bank of America credit cards]

We have both FIA 1.5% VISA and FIA 2.0% AmEx. I previously thought I would end up closing (or having it closed for me) the AmEx card. Now it sounds like it is the VISA that I want to close - and not take the replacement 1.5% Elan VISA. Or should I just wait until I have both Elan VISAs in hand and c...
by Tramper Al
Fri Jun 03, 2016 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Zeros for College?
Replies: 10
Views: 2793

Re: Zeros for College?

I have bought and sold Treasurys at Fidelity. You see the bid and ask (price) as well as the bid and ask (yield) for each bond, zeros included. I find it very helpful to see the actual spread as that is of course your primary transaction expense. The spreads are significantly higher on the stripped ...
by Tramper Al
Fri Feb 26, 2016 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct is a waste of time
Replies: 80
Views: 22786

Re: Treasury Direct is a waste of time

On a not unrelated note, can anyone please tell me how many WEEKS (or is it months) it takes for a mailed in paper I-bond conversion to actually be processed and show up in your TD account? I actually waited until I was entering a no-penalty period for redemption, but am thinking now that that was ...
by Tramper Al
Fri Feb 26, 2016 12:34 pm
Forum: Investing - Theory, News & General
Topic: VMNFX - Vanguard Market Neutral
Replies: 1
Views: 903

VMNFX - Vanguard Market Neutral

Hi, Well yes, the typical Boglehead surely has no use for a "hedge" fund - except perhaps to ridicule its investors. If there were a Bogle-headed hedge fund, however, it must surely be the Vanguard Market Neutral Fund. So I offer, purely for informational purposes and as an unsolicited public servic...
by Tramper Al
Wed Jan 27, 2016 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct is a waste of time
Replies: 80
Views: 22786

Re: Treasury Direct is a waste of time

I guess I am lucky, that I have never been actually locked out. I survived the "code card" days, and now just struggle with TD's inability to "remember this computer" and with my own difficulty in recalling the answers that I gave many years ago to the sometimes subjective (or at least ambiguous) se...
by Tramper Al
Sat Jan 09, 2016 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: I just lost $200,000 last week. Please help me.
Replies: 82
Views: 16819

Re: I just lost $200,000 last week. Please help me.

This post caught my eye, in part because I lost a fair amount this past week as well. It kept me busy trying to maintain my AA, and running short of space in tax-advantaged, dealing with short term trading restrictions, etc. People have touched on some of the OP's problems. I would also add that the...
by Tramper Al
Sat Jan 09, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: FDIC-insured Bank CD 5.0% for 10 years? Ohio 529
Replies: 65
Views: 50602

Re: FDIC-insured Bank CD 5.0% for 10 years? Ohio 529

Hi, Haven't logged on in months, so just noticed this. The Ohio 529 CDs are still available, but I've not seen them at a rate so obviously above market since way back in 2010. It just seems that they were taking several months to adjust, back then. It was a good thing to lock in those couple of 10 y...
by Tramper Al
Mon May 18, 2015 8:49 pm
Forum: Investing - Theory, News & General
Topic: new i-bond rate?
Replies: 28
Views: 6554

Re: new i-bond rate?

For an I Bond bought May 2014 the composite rate for the six months beginning May 2015 is indeed 0.00% . If you were going to redeem, August would be the best time because the three months of interest you'd forfeit (May, June, & July) would be $0. I have seen this advice at least once before and am...
by Tramper Al
Tue Apr 28, 2015 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 64
Views: 13661

Re: Displeased with Fidelity Cash / BNY Mellon- debit card t

We use the Fidelity Debit card as our ATM card, because the Fidelity account is our basic cash/bill paying mechanism. They do refund all those pesky ATM fees that at this point represent about 100 years of interest on the cash withdrawn! And so this is all disappointing, but not terribly surprising....
by Tramper Al
Fri Mar 27, 2015 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge statementless
Replies: 3
Views: 923

Re: Merrill Edge statementless

I also have a Merrill Edge account. (It is also a Roth IRA and recently passed the six month mark as well.) Statements are somewhat hard to find but they are there. Click on the first tab that says "Accounts," which gives you a dropdown menu. In the first column of that menu, you will see "Statemen...
by Tramper Al
Thu Mar 26, 2015 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge statementless
Replies: 3
Views: 923

Merrill Edge statementless

Interestingly, the default at Merrill Edge (Roth IRA) seems to be not paperless, not paper, but in fact NO statements at all! I tend to monitor account activity simply by log in online, collecting statements only when I need them like at tax time. At the end of my 6 months at Merrill Edge I went onl...
by Tramper Al
Wed Jan 07, 2015 9:30 pm
Forum: Investing - Theory, News & General
Topic: Stacked up some more silver bullion today
Replies: 100
Views: 18118

Re: Stacked up some more silver bullion today

What is the total spread, including sales taxes if any, between the buying and selling price? Yes, this is the important measure when it comes to transaction costs, not the selling price over spot. And I can't imagine what would be wrong with discussing the correct cost and payment of taxes on bull...
by Tramper Al
Fri Nov 28, 2014 10:40 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 64373

Re: An alternative to alternative investments [QSPIX]

Tramper Al wrote Now, I did not actually spend $2550 and buy it - I'll only go so far to be helpful to you guys. I cancelled the order before execution at 4pm - you can do that at every brokerage that does not have Vanguard in its name. Al, I did the same with TD Ameritrade and it took my order, bu...
by Tramper Al
Fri Nov 28, 2014 9:30 am
Forum: Investing - Help with Personal Investments
Topic: My MMF just distributed a LTCG
Replies: 10
Views: 1780

Re: My MMF just distributed a LTCG

John3754 wrote:What's the point of holding money in a MMF earning 0.01% anyway?

I have to make tax payments, pay bills, buy things, etc. sometimes. Is that unusual?
by Tramper Al
Fri Nov 28, 2014 7:53 am
Forum: Investing - Help with Personal Investments
Topic: My MMF just distributed a LTCG
Replies: 10
Views: 1780

My MMF just distributed a LTCG

My core/sweep tax-free MMF at Fidelity, FMOXX, just distributed a long term capital gain, albeit a small one. I don't remember seeing this happen in one of my MMFs before. Since it has been earning all of 0.01%, I believe this means that on an after-tax basis my tax-free MMF may have given me a nega...