Search found 1029 matches

by Clever_Username
Mon May 28, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Alternatives
Replies: 16
Views: 1546

Re: Emergency Fund Alternatives

Another person whose first not-immediately-cash part of the emergency plan is Series I Bonds. Having a dedicated emergency fund is appropriate advice to someone young or without much invested, but after a while it's more practical to have an emergency plan than dedicated dollars sitting in cash.
by Clever_Username
Mon May 28, 2018 9:33 am
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY 2018
Replies: 28
Views: 2506

Re: MEMORIAL DAY 2018

Both of my grandfathers served in World War II. One was super active in the veterans community until he passed away a few years ago. I am very proud of both of them. Memorial Day is a very important holiday in my household, but being grateful for the sacrifice of those we remember explicitly on Memo...
by Clever_Username
Mon May 28, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3449

Re: What to do after maxing retirement contributions?

Series I Bonds are popular as a next step. As a bonus, you can also start to treat it as part of your emergency plan.

There's normal taxable investing; be aware of your tax rate, as depending on your income level and state of residence municipal bonds might be more tax efficient than a stock index.
by Clever_Username
Fri May 25, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Should Tax-Free Munis Be Part of Roth IRA?
Replies: 22
Views: 1389

Re: Should Tax-Free Munis Be Part of Roth IRA?

Ok. Tax bracket is 22%. I have the bonds to "diversify" the portfolio. Maybe not such a good idea (see, https://www.whitecoatinvestor.com/why-municipal-bonds-probably-dont-belong-in-your-portfolio/ ) A later article from the same; not necessarily arguing in favor of or against municipal bonds, but ...
by Clever_Username
Fri May 25, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Rum and Summer Cocktails
Replies: 30
Views: 2031

Re: Rum and Summer Cocktails

Kraken Black Spiced Rum is very reasonably priced and very drinkable. On the few occasions where a friend and I drank copious amounts of the stuff (dark & stormy w/ Goslings ginger beer) we felt great the next morning. Certainly better than we deserved. I don't drink a lot of rum but Kraken was sur...
by Clever_Username
Fri May 25, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 3860

Re: When did this start??

I went to dinner last night and noticed something on the bill. Where the restaurant indicated suggested tipping on the bottom (20%, 18%, 15%), the tip is based on TOTAL bill including taxes. I've never tipped on the taxed amount, just the food and drink. Thoughts? Happened to me Wednesday night too...
by Clever_Username
Thu May 24, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3687

Re: Bogle featured in Barrons cover story

When has Bogle been "a thorn in the side of Vanguard?" Or did I read something wrong?
by Clever_Username
Fri May 18, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9219

Re: Dave Ramsey it or keep low interest debt

Ramsey keeps stating millionaires are made following his methods Millionaires are also made by playing the lottery. Yes, Ramsey is a sounder financial plan than the lottery, but just because millionaires are made following his methods doesn't make his methods optimal. If I had your debt load, I'd k...
by Clever_Username
Fri May 18, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 51
Views: 5254

Re: Rob Arnott:index Investors Buy High, Sell Low

If I understand his argument correctly, he seems to think that an S&P 500 index buys a company that gets added to the index on the day it gets added. I cannot imagine this is how such funds actually operate. Maybe I'm not reading his argument correctly.
by Clever_Username
Fri May 18, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 29
Views: 3130

Re: Is Vanguard anti-competitive?

From my PM, I sense a fair amount of implied malevolence due to my question here. Not sure why it is so hard to extend a sense of good faith to others that disagree with you or perhaps are just ignorant of the fact of the matter. If you actually received a PM that violates the rules of the site, pl...
by Clever_Username
Thu May 17, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property as a supplemental income strategy in retirement?
Replies: 7
Views: 853

Re: Rental Property as a supplemental income strategy in retirement?

I'm not convinced real estate, when I pay someone else to manage it, on the scale I'd be able to own, is a good use of my time or money. I'm also not interested in buying myself a side job as landlord when there are so many other side jobs I could get if I preferred, probably that pay better and don...
by Clever_Username
Thu May 17, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 35
Views: 3891

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

I really don’t know but I’m subscribing to follow along. Me neither; I imagine there's some big benefit because of how far down the market went, plus there was that nice cache of 40% in bonds to rebalance from. But then again, my understanding is that rebalancing is done for risk-management purpose...
by Clever_Username
Thu May 17, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: College Textbooks
Replies: 13
Views: 784

Re: College Textbooks

My son will be heading off to college this fall and I was wondering what is the latest opinion on textbooks? I know I can find them on Amazon or other used sites for a fraction of the college book store, but are professors even using them now a days? Is this specific to the college / professors he ...
by Clever_Username
Thu May 17, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 1868

Re: Anyone in high bracket switching to muni. Money market?

Federal bracket 24%, close to 32%. 9.x% state (CA). Have been debating moving from money market to California muni money market. I haven't given it much thought because I keep so little in a money market. Maybe I will/should.
by Clever_Username
Wed May 16, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Etrading
Replies: 7
Views: 532

Re: Etrading

Any tips, tricks ect Tip: Don't do it with money that's important to you. Trick: do it on paper first. Write down what you would buy, when, and for how much. Same with sales. Only allow yourself to write it down when you would have purchased. After a year or two, see if you made money or didn't.
by Clever_Username
Wed May 16, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Max 401k vs opening taxable account
Replies: 4
Views: 517

Re: Max 401k vs opening taxable account

Why 15%? That seems oddly specific.

In any case, if you're saving for retirement, continue to put into your 401(k). If you're saving for another goal that you'll need the money before then, put the money in taxable, in a horizon-appropriate investment.
by Clever_Username
Wed May 16, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: somebody is using our address
Replies: 45
Views: 4743

Re: somebody is using our address

If this were happening to me, I would be particularly worried about items purchased with stolen credit cards and possibly illegal materials being shipped that I could be blamed for.
by Clever_Username
Wed May 16, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8141

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Noob question :-) A highly respected friend of mine is an expert in macroeconomics, and warned me to stay away from stocks. He said that come October or March next year, there are likely to be big crashes. He said companies were artificially inflating their stocks. (I don't understand the detail!) ...
by Clever_Username
Wed May 16, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 1844

Re: Where to invest after maxing out retirement?

Im sorry but bonds do not make sense to me, you are not even keeping up with inflation. Is this what you intended to write? Even Vanguard's basic money market account has more or less kept up with inflation over its lifetime. Sorry I do not mean to come off like a know it all but from what I have r...
by Clever_Username
Tue May 15, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 1844

Re: Where to invest after maxing out retirement?

BlueRidgeHorizon wrote:
Tue May 15, 2018 8:19 am
Im sorry but bonds do not make sense to me, you are not even keeping up with inflation.
Is this what you intended to write? Even Vanguard's basic money market account has more or less kept up with inflation over its lifetime.
by Clever_Username
Tue May 15, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10767

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

I feel like the money market account you have your money in should have been paying $40/year in interest already, probably more. However, the difference between forty dollars and sixty thousand dollars is quite big and there aren't any zero-risk ways to get this. If you had asked in 1982, someone co...
by Clever_Username
Tue May 15, 2018 9:57 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9864

Re: Yes, I'm 89 all right!

Happy birthday, Mr. Bogle!
by Clever_Username
Mon May 14, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know your marginal tax rate?
Replies: 27
Views: 3022

Re: Do you know your marginal tax rate?

I'm confused here; do you mean marginal or effective? I know my marginal rate (rate at which the next dollar will be taxed) and I compute my effective rate when I file taxes each year, but I don't know that number offhand.
by Clever_Username
Mon May 14, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4832

Re: Anything wrong with too many lots?

1. I pay $4.95 to buy/sell Vanguard ETFs. I'm currently only purchasing VTI in taxable, so ~$20/yr is negligible. Why do you put up with this? Your location is listed as in the United States, you could easily set up a Vanguard brokerage at Vanguard and pay $0 to buy/sell Vanguard ETFs. Yes, $20/yr ...
by Clever_Username
Sun May 13, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5620

Re: Are bonds really needed - why not 100% stocks?

I should not have worded it like that. I should have said that bonds earn significantly less than bonds over a period of time. That sounds tricky. How does that work? ;-) As I get closer to retirement, I plan to increase my bond holdings - 20% when I am ten years out, and 30% when I am five years o...
by Clever_Username
Sun May 13, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4832

Re: Anything wrong with too many lots?

Now I'm wondering if I should put my monthly to-be-invested-in-taxable into a money market and make quarterly purchases instead. It's a muni bond fund at the moment anyway, so it isn't like I'm changing the qualified nature of distributions. I'm on specid for lot identification.
by Clever_Username
Sun May 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 1844

Re: Where to invest after maxing out retirement?

First, let's ensure when you talk about maxing out your 401(k), you mean $18,500/year and not just the employer match. I would turn the gold into cash first. I'd also buy $10k/year in Series I Bonds. That's where my first after-tax-advantaged accounts money goes. Depending on tax bracket and time ho...
by Clever_Username
Sun May 13, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 5154

Re: Vanguard Prime Money Market instead of bond fund

Depends on the purpose of the money and time horizons. Time was, portfolio suggestions often had a cash portion in addition to the bond portion.
by Clever_Username
Sat May 12, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 98
Views: 10529

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

I believe that if your absolutely non-discretionary expenses can be brought down to just 2% of your portfolio, leaving another 2% (or even 3%) for discretionary spending, making for a 4-5% starting withdrawal rate, retirees' portfolio will be about as close to 'bulletproof' as is prudent. If they n...
by Clever_Username
Sat May 12, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4832

Re: Anything wrong with too many lots?

I hope not. I will be making a half dozen or so annual contributions to a taxable fund and I have it set up on specific id. I think it means if I ever need to sell it, I'll have to look through and figure out the most efficient lot to sell from (although that should be easy). Unless I write a check ...
by Clever_Username
Fri May 11, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: move out of bonds into money market and online savings
Replies: 19
Views: 2717

Re: move out of bonds into money market and online savings

Golfview wrote:
Thu May 10, 2018 6:53 pm
I pulled out of the vanguard total bond index and now have treasuries and cds,looking back I'm glad I did! I only wish I did it sooner but it was a learning experience,after things settle down in the interest rates I'm moving back in. Good luck!
How will you know when things settle down?
by Clever_Username
Thu May 10, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: move out of bonds into money market and online savings
Replies: 19
Views: 2717

Re: move out of bonds into money market and online savings

There are plenty of threads you can find. The summary is that market timing isn't really effective and the things that make bonds unattractive, including projected rate increases, are largely baked into their value already anyway. However, stocks & bonds isn't so much as big a deal as stocks & conse...
by Clever_Username
Thu May 10, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Why are stock returns expected to be so low over the next decade?
Replies: 27
Views: 4619

Re: Why are stock returns expected to be so low over the next decade?

I've heard some attribute the relatively low returns expected moving forward to the rise of index fund investing. Is there any truth to that? Seems like a pretty bold statement given how complex the situation really is. No, that's just angry active managers having a harder time justifying their inf...
by Clever_Username
Thu May 10, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: "Essential Financial Documents for Every Life Stage"
Replies: 1
Views: 549

Re: "Essential Financial Documents for Every Life Stage"

Mid-30s and I don't have a will. I really should get one made, especially since I own a home in just my name. No spouse, no kids, but I'm in California where if you die without a will, half your property is given to Donald Sterling upon passing. I'm not 100% sure that's what happens but I figure hav...
by Clever_Username
Thu May 10, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Why are stock returns expected to be so low over the next decade?
Replies: 27
Views: 4619

Re: Why are stock returns expected to be so low over the next decade?

Pessimism is a popular attitude in articles when things are good. It generates clicks. I don't have expectations for stock returns in the next decade, which is good because I don't need the money I have invested in stocks for over a decade. As has been said already, go look at predictions from years...
by Clever_Username
Wed May 09, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bad(?) advice from employer retirement advisor [on per-year contribution limits]
Replies: 29
Views: 2114

Re: Bad(?) advice from employer retirement advisor [on per-year contribution limits]

Retirement usually means that employment income has ended. Most people are in a lower tax bracket in retirement. The income tax code is progressive, with a lower tax rate for lower income. Therefore, for most people traditional 401k contributions will probably be better. TFB blog post, "The case ag...
by Clever_Username
Wed May 09, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 7187

Re: Gold ball cracked my house window. Do I have any recourse?

In the 2 states where I've owned property right on the course (and been a golfing member of the country club), the golfer is responsible for damages. i have not played golf in decades, but one time when I was younger, we were golfing at a public course in another state, and a guy I was with drove a...
by Clever_Username
Wed May 09, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Tax cost of international in tax-deferred
Replies: 8
Views: 1193

Re: Tax cost of international in tax-deferred

Thanks Grabiner. Is this lesson in figuring the tax costs of international investing captures in a wiki article somewhere? If not, it should be! I want to echo the thanks; as someone who likely will need to expand his taxable to include stocks by year's end, this is a very welcome analysis and warn...
by Clever_Username
Wed May 09, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Correcting an Error? Invested high dividend index fund in taxable account.
Replies: 25
Views: 1810

Re: Correcting an Error? Invested high dividend index fund in taxable account.

Which one is the long term version? And what is the difference besides the length of time that a person would want to keep money there? Why is one long versus short? Sorry for the delay -- your responses seem to be cutting off the top code, which causes it to not alert me or show up as a quote, mak...
by Clever_Username
Tue May 08, 2018 11:25 pm
Forum: Investing - Theory, News & General
Topic: Happy 89th birthday to [Jack] Bogle
Replies: 44
Views: 2666

Re: Happy 89th birthday to [Jack] Bogle

His contributions to the investing world are many and others have, of course, touched on them. What I'd like to add is he was one of the first financial writers I read whose writing was so engaging, I was interested in learning more, not simply for getting my own investing going, but because he made...
by Clever_Username
Tue May 08, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Correcting an Error? Invested high dividend index fund in taxable account.
Replies: 25
Views: 1810

Re: Correcting an Error? Invested high dividend index fund in taxable account.

I thought I saw a somewhat tax advantaged ca muni money market? Have you heard of this? Yes; it doesn't have the duration I'm looking for. If I were saving up for a relatively short-term purchase, I'd choose between that and standard money market account. But this money isn't earmarked for anything...
by Clever_Username
Tue May 08, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Correcting an Error? Invested high dividend index fund in taxable account.
Replies: 25
Views: 1810

Re: Correcting an Error? Invested high dividend index fund in taxable account.

I thought I saw a somewhat tax advantaged ca muni money market? Have you heard of this? Yes; it doesn't have the duration I'm looking for. If I were saving up for a relatively short-term purchase, I'd choose between that and standard money market account. But this money isn't earmarked for anything...
by Clever_Username
Mon May 07, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Why the shift away from the S&P?
Replies: 32
Views: 4060

Re: Why the shift away from the S&P?

My understanding was that 40 years ago, it wasn't easy to track the total market, but the S&P 500 (and the S&P smaller-numbers from before that) were decent approximations of it. Now we can have a total market so we do.
by Clever_Username
Mon May 07, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: When did you start drawing profits from taxable?
Replies: 48
Views: 3409

Re: When did you start drawing profits from taxable?

2012 or so, started taxable portfolio via stock funds. I didn't really have a plan for that money at the time, so long term it is. 2015 or so, decided I'd be buying a house soon, cashed out and took the profit. 2017, bought the house. Late 2017, started putting taxable investments again, this time m...
by Clever_Username
Mon May 07, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting an Error? Invested high dividend index fund in taxable account.
Replies: 25
Views: 1810

Re: Correcting an Error? Invested high dividend index fund in taxable account.

High tax state where municipal bond fund is high quality and available. Like California? Indeed (you were attempting to quote me I think). My non-tax-advantaged account is entirely in VCAIX right now (California intermed term muni bonds). It's a small fraction of my total investment portfolio thoug...
by Clever_Username
Mon May 07, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1420

Re: Which brokerage has the lowest ER on SP500 index fund?

I opened all my IRA funds in Vanguard and I am very happy about it The other day I was looking for a brokerage to open solo401k and I realized Schwab has SP 500 index fund with 0.03% ER. Vanguard's SP500 index fund is 0.04% Don't get me wrong, I am very happy with Vanguard overall, but if there is ...
by Clever_Username
Mon May 07, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Are bonds necessary/beneficial in my situation?
Replies: 21
Views: 2111

Re: Are bonds necessary/beneficial in my situation?

Yeah, that's a flaw in my current plan, thank you for reminding me. I only have ~2 months ER right now.. thing is it's just so hart NOT to buy right now with any spare cash I have because I feel like there's been a dip and I want to buy asap to capitalize on that.. hopefully that doesn't sound like...
by Clever_Username
Mon May 07, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: DRIP (Dividend Reinvestment Plan)
Replies: 21
Views: 1827

Re: DRIP (Dividend Reinvestment Plan)

Dividends and DRIPs were great ways to invest back in the era before fractional shares and commonly-available no-load low-expense mutual funds. Nowadays there's no reason not to focus on total return and the total market.
by Clever_Username
Sun May 06, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8442

Re: Why Shouldn't I Buy McDonalds Or Coke?

I'm surprised no one else mentioned the big objection to the combination: McDonald's doesn't stock Coke Zero (I forget if they ever did). That's enough for me to want to keep only my existing total-market allocation to these two companies.
by Clever_Username
Sun May 06, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Correcting an Error? Invested high dividend index fund in taxable account.
Replies: 25
Views: 1810

Re: Correcting an Error? Invested high dividend index fund in taxable account.

dbr wrote:
Sun May 06, 2018 10:58 am
It is very hard to figure a scenario where total stock market is a mistake in a taxable account.
High tax state where municipal bond fund is high quality and available.